2012-07-05T15:38:31-07:00 2011-12-31 990 2011-01-01 223035849 PRESCOR INC PRES 5854611991 1570 East Avenue Rochester NY 14610 James DeVoe 5854611991 2012-05-31 2011 2016-02-24 21:20:13Z James E DeVoe 254 Alexander Street Rochester NY 14607 778331 0 X X 1971 NY Operates in support of and for the benefit of Valley Manor Apartments providing a long-term building lease and Pooled Life Income Fund. 12 12 0 0 0 0 17859 10964 458394 458283 54007 34743 3508 3670 533768 507660 0 0 0 0 0 0 0 0 0 654562 627535 654562 627535 -120794 -119875 5450726 5042310 6512738 6245012 -1062012 -1202702 Operates in support of and for the benefit of Valley Manor Apartments providing a long-term building lease and Pooled Life Income Fund (PLIF). Also maintains certain investment funds required by the Mortagee as collaterol. 0 0 545272 0 458283 Owns the building and proeperty leased to Presbyterian Residence Center Corporation d/b/a/ Valley Manor Apartments, which provides housing and support services to seniors. 75500 0 0 Holds and maintains investment assets associated with the building mortgage collaterol and a Pooled Life Income Fund supporting Valley Manor Apartments. 0 0 0 620772 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 1 1 0 NY X Prescor & PRCC 5854426450 1570 East Avenue Rochester NY 14610 X Harry Beilfuss 0.5 X 0 0 0 John Billone Jr 0.5 X X 0 0 0 Andrew Hislop 0.5 X X 0 0 0 Deborah Beardslee 0.5 X 0 0 0 Erane Allen 0.5 X X 0 0 0 Rev David Dubois 0.5 X 0 0 0 Linda Underhill 0.5 X 0 0 0 David Norton 0.5 X 0 0 0 Tom Gears 0.5 X 0 0 0 Neil Hair 0.5 X 0 0 0 Patricia Poteat 0.5 X 0 0 0 Robert Wagner 0.5 X 0 0 0 James E DeVoe 0 X X 0 151837 55642 0 151837 55642 0 0 1 0 0 0 0 0 0 0 10964 0 10964 Building Lease 531110 458283 458283 0 0 0 0 0 0 458283 45855 0 0 45855 0 0 0 0 0 0 0 0 0 0 259559 0 270671 0 -11112 0 -11112 0 0 -11112 0 Change in Present Value of PLIF 900099 3670 0 0 3670 0 0 0 0 3670 507660 458283 0 38413 5898 0 5898 0 865 0 865 0 545272 545272 0 0 75500 75500 0 0 627535 620772 6763 0 6054 6067 11716145 8573022 3474628 3143123 1895906 1842572 74138 50548 5450726 5042310 6455769 6187676 56969 57336 6512738 6245012 X -1213971 -1369295 151959 166593 0 0 -1062012 -1202702 5450726 5042310 X -119875 -20815 X 0 1 1 X 0 X 19745 5729 4778 17859 10964 59075 696922 598032 513184 458394 458283 2724815 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 716667 603761 517962 476253 469247 2783890 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2783890 42024 47736 34076 43096 45855 212787 0 0 0 0 0 0 42024 47736 34076 43096 45855 212787 0 0 0 0 0 0 0 6436 24493 3508 3670 38107 758691 657933 576531 522857 518772 3034784 0.91733 0.91596 0.07012 0.0736 X Line 12- Change in present value of PLIF donations. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 459751 459751 0 10981696 8305332 2676364 0 6000 6000 0 0 242034 238201 3833 0 26664 23489 3175 3143123 0 Discount Future Interest in PLIF 57336 57336 X X X X X 0 0 0 0 0 0 0 0 0 James E DeVoe 0 151837 0 0 0 0 0 35903 0 19739 0 207479 0 164087 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 The organization is a membership corporation with Presbyterian Residence Center Corporation the sole member. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The board of directors of the member constitute the board of directors of the organization. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b The organization's bylaws identify certain reserved powers that require approval by the Member. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The 990 is reviewed by the Audit & Finance Committee of the Parent Board on behalf of the organization's board. A copy of the 990 is available to all directors of the governing board of the organization upon request or on the organization's parent board website. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Board members and key employess must complete and update conflict of interest forms annually and as necessary. The Governance Committee of the parent board monitors and enforces compliance as needed. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 The Executive committee of the parent board reviews, determines and approves (with full board approval) the CEO compensation. Periodic survey and comparable compensation data is used to ascertain reasonableness and competitiveness of compensation. The HR committee upon approval of the board, reviews and approves compensation pay scales and annual increase range for all other staff. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Maintained in the Administration office and available to the public upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized loss on investments PRCC Valley Manor Apartments 1570 East Avenue Rochester NY 14610 160958326 Sister Organization NY 501(c)(3) 9 N/A 0 PHSGV Seniorsfirst 254 Alexander Street Rochester NY 14607 161592416 Parent Organization NY 501(c)(3) 11d N/A 0 Seniorsfirst Foundation 254 Alexander Street Rochester NY 14607 161378080 Supporting Organization NY 501(c)(3) 11d N/A 0 GVPNC Kirkhaven 254 Alexander Street Rochester NY 14607 222291346 Sister Organization NY 501(c)(3) 9 N/A 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 PRCC Valley Manor Apartments b 75500 Actual cash value PRCC Valley Manor Apartments i 458283 Actual cost value