2012-05-15T11:43:04-05:00 2011-09-30 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2010-10-01 382067110 LIFECARE INC LIFE 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 JEFFREY G HAGEN 2693810560 2012-05-10 1 CAROL LALONDE CPA 2695674500 2010 2016-02-24 21:20:13Z FRIENDSHIP VILLAGE JEFFREY G HAGEN 1400 N DRAKE ROAD KALAMAZOO MI 49006 15849546 0 X WWW.FRIENDSHIPVILLAGEMI.COM X 1971 MI TO PROVIDE HOUSING, FOOD, NURSING CARE, AND OTHER RELATED SERVICES TO SENIOR CITIZENS. 16 16 350 75 0 0 2990957 19201 14876900 15668530 1439 9432 0 0 17869296 15697163 0 0 0 0 7740520 7458879 0 0 0 7131764 7043520 14872284 14502399 2997012 1194764 27715504 28009039 27995363 27709120 -279859 299919 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN. 0 0 12013728 15315268 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN. 12013728 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 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 0 0 0 0 0 0 0 1 65 0 1 350 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 0 0 0 MI X R DAVID GOODRICH 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 JAMES VALK 2.00 X X 0 0 0 MICHAEL EVANS 2.00 X X 0 0 0 ROBERT MCGRAW 2.00 X X 0 0 0 DONNA WEINREICH 2.00 X X 0 0 0 MARY FLEGAL 2.00 X X 0 0 0 ANDREW LATHAM 2.00 X 0 0 0 VICKI MARTIN 2.00 X 0 0 0 SARA DANA 2.00 X 0 0 0 DANIEL MISSAD 2.00 X 0 0 0 JIM HESS 2.00 X 0 0 0 MARY SUE HOFFMAN 2.00 X 0 0 0 NANCEE HOFMEISTER 2.00 X 0 0 0 MICHAEL HOLMES 2.00 X 0 0 0 CATHERINE METZLER 2.00 X 0 0 0 CHARLES WARFIELD 2.00 X 0 0 0 ELIZABETH BURNS 2.00 X 0 0 0 STANLEY CLOUSE 40.00 X 130566 0 17614 LINDA WISE 40.00 X 85087 0 10616 JEFFREY HAGEN 40.00 X 0 0 0 215653 0 28230 1 0 0 0 REHABCARE GROUP THERAPY SERVICES PO BOX 99341 CHICAGO IL 60693 THERAPY PROVIDER 681953 LIFE CARE SERVICES LLC 400 LOCUST STREET SUITE 820 DES MOINES IA 50309 MANAGEMENT COMPANY 659500 MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30368 CONTRACTING SERVICES 443665 ZILLNER MARKETING COMMUNICATIONS INC 8725 ROSEHILL ROAD SUITE 200 LENEXA KS 66215 MARKETING AND ADVERTISING 175934 ESPER ELECTRIC LTD 7775 NORTH 6TH STREET KALAMAZOO MI 49009 CONTRACTING SERVICES 151886 5 19201 19201 APARTMENT & SVC FEES 623990 6055888 6055888 MEDICAL CENTER REV. 623990 4438668 4438668 ASSISTED LIVING 623990 2848556 2848556 DEF. REC-ADV/RF FEES 623000 1658660 1658660 BARBER, GARAGE, MISC 900099 353262 353262 313496 313496 15668530 57361 57361 104454 102185 50198 2269 -50198 -47929 -47929 15697163 15315268 0 362694 192040 192040 5650079 5342737 307342 33835 13323 20512 1090217 1042175 48042 492708 401702 91006 635778 635778 16074 16074 40296 40296 784416 771516 12900 271730 271730 199506 111798 87708 1248983 1123525 125458 581735 477960 103775 1315809 1080937 234872 169458 169458 MEDICAL SUPPLIES 1212821 1212821 EQUIPMENT REPAIR 388934 377946 10988 DUES 13066 13066 LICENSES 1421 1421 BAD DEBTS EXPENSE 1235 1235 162258 54632 107626 14502399 12013728 2488671 0 2620179 3786360 3108531 2203060 611349 799234 135032 124355 254902 202184 39458931 22973040 17040221 16485891 3646702 4209720 12906 10855 285682 187380 27715504 28009039 1366396 1546918 7447505 7976544 10690000 10310000 2067796 1695276 6423666 6180382 27995363 27709120 X -5253092 -4466415 4973233 4766334 -279859 299919 27715504 28009039 X 1194764 -614986 X X 0 1 1 X 0 X 32745 77781 29084 2990957 19201 3149768 14399275 14591295 15114997 14876900 15668530 74650997 14432020 14669076 15144081 17867857 15687731 77800765 0 2762366 2762366 2762366 2762366 75038399 260200 189290 97811 62257 57361 666919 260200 189290 97811 62257 57361 666919 14692220 14858366 15241892 17930114 15745092 78467684 0.95630 0.98510 0.00850 0.00930 X 803696 803696 31407137 18721129 12686008 1460664 1121996 338668 1532673 1380681 151992 4254761 1749234 2505527 16485891 PROVISION FOR INTEREST RATE SWAP AGREEMENT 1610584 DEPOSITS 122841 REFUNDABLE FEES 4446957 6180382 15697163 14502399 1194764 -233723 -381263 -614986 579778 15132375 -233723 -381263 -614986 15747361 -50198 -50198 15697163 14552597 50198 50198 14502399 0 14502399 PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN INTEREST SWAP AGREEMENT -100,212. LOSS ON REFINANCE OF DEBT -281,051. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INTEREST RATE SWAP -100,212. LOSS ON REFINANCE OF DEBT -281,051. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS 50,198. ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF KALAMAZOO 386004627 NONEAVAIL 2010-12-17 10640000 REFUND PRIOR ISSUE 0 0 0 295000 10640000 202149 10437851 1998 1 0 1 1 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 1 FIFTH THIRD BANK 16.400000000000 0 0 0 0 1 FORM 990, PART VI, SECTION A, LINE 3 A MANAGEMENT COMPANY IS CONTRACTED TO PROVIDE THE ORGANIZATION WITH INDIVIDUALS TO PERFORM MANAGEMENT DUTIES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE ACCOUNTING DIRECTOR. AMOUNTS ARE COMPARED TO THE INTERNALLY PREPARED FINANCIAL STATEMENTS AND THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A NEW CONFLICT OF INTEREST STATEMENT ANNUALLY. ALL FILES ARE KEPT UP-TO-DATE BY THE ADMINISTRATIVE ASSISTANT. ANY CONFLICTS ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. IF A CONFLICT DOES ARISE, IT DEPENDS ON THE SITUATION, BUT IN AN EXTREME SITUATION A MEMBER MAY NEED TO RESIGN FROM THE BOARD DEPENDING ON THE COMPLEXITY. OTHERWISE THEY WOULD OBSTAIN FROM VOTING AND LEAVE THE MEETING DURING DISCUSSIONS. FRIENDSHIP VILLAGE DEFERS TO THE MANAGEMENT COMPANY'S PROCESS FOR DETERMINING EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -233,723. CHANGE IN INTEREST SWAP AGREEMENT -100,212. LOSS ON REFINANCE OF DEBT -281,051. TOTAL TO FORM 990, PART XI, LINE 5: -614,986. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN PROCESS SINCE PRIOR YEAR.