2012-08-15T09:00:25-05:00 2011-09-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2010-10-01 043604839 CHESTNUT SQUARE AT THE GLEN ASSOCIATION CHES 7732719040 5025 North Paulina Street Chicago IL 60640 WOLFGANG MAYER 2012-08-14 true 3128997000 2010 2016-02-24 21:20:13Z CHESTNUT SQUARE AT THE GLEN STEPHEN A DAHL 5025 North Paulina Street Chicago IL 60640 4438696 false X N/A X 2000 IL CHESTNUT SQUARE AT THE GLEN ASSOCIATION (CSG) IS A DIVISION OF BETHANY METHODIST CORPORATION, AN ILLINOIS NOT-FOR-PROFIT ORGANIZATION. CSG IS A NINE-YEAR-OLD, FAITH-BASED, NON-PROFIT ORGANIZATION WHOSE PRIMARY MISSION IS TO PROVIDE OLDER ADULTS IN THE VILLAGE OF GLENVIEW AND SURROUNDING COMMUNITIES WITH QUALITY RESIDENTIAL, HOSPITALITY AND ANCILLARY PROGRAMS. ITS SERVICES DEMONSTRATE COMMITMENT TO THE HOUSING, SOCIAL AND SPIRITUAL NEEDS OF SENIORS, WHICH ARE PROVIDED IN AN ATTRACTIVE, APPROPRIATE ENVIRONMENT AND WITH DIGNITY AND RESPECT, REGARDLESS OF THE RESIDENT'S COLOR, CREED OR GENDER. CSG'S MISSION ALSO INCLUDES EDUCATION ON AGING ISSUES, ADVOCACY, AND RESPONSIBLE STEWARDSHIP OF RESOURCES IN DELIVERY OF SERVICES AND SUPPORT TO RESIDENTS, CIVIC GROUPS, FAITH CONGREGATIONS AND NEIGHBORS IN THE LARGER COMMUNITY. 4 4 68 7 0 0 150 0 4481398 4285948 29995 152748 0 0 4511543 4438696 0 0 0 0 1413741 1324671 0 0 0 4616377 4195204 6030118 5519875 -1518575 -1081179 33581425 31101011 50133273 49615647 -16551848 -18514636 CSG IS CALLED TO CARE FOR THE PHYSICAL, SOCIAL AND SPIRITUAL WELL-BEING OF ITS RESIDENTS, AND SEEKS TO CONTRIBUTE TO THE HEALTH AND WELL-BEING OF OTHERS IN ITS SERVICE AREA. IT PROVIDES HOUSING AND ANCILLARY SERVICES THAT MEET INDIVIDUAL RESIDENTS' NEEDS IN A SAFE, COMFORTABLE AND WELCOMING SETTING. false false 4691893 4285948 INDEPENDENT SENIORS RESIDENTIAL MISSION: CSG IS FAITHFUL TO ITS NON-PROFIT, FAITH-BASED FOUNDATION AND ITS CONTINUING COMMITMENTS AS A PROVIDER OF QUALITY RESIDENTIAL, HOSPITALITY AND ANCILLARY PROGRAMS FOR INDEPENDENT OLDER ADULTS. THESE INCLUDE FULL-SERVICE, MAINTENANCE-FREE APARTMENTS DESIGNED FOR ACTIVE SENIORS AND A BROAD RANGE OF AMENITIES, INCLUDING A LIBRARY, INTER-FAITH CHAPEL, FELLOWSHIP AREAS AND MEDIA ROOM. ALONG WITH HOUSING SERVICES, PROFESSIONAL STAFF ENSURE THAT ADDITIONAL INTEREST AND NEEDS ARE MET, INCLUDING OPPORTUNITIES FOR SOCIAL INTERACTIONS WITH PEERS, TRANSPORTATION, INTER-GENERATIONAL EXCHANGES, OPPORTUNITIES FOR EXPRESSION OF RELIGIOUS BELIEFS, AND OCCASIONS TO CONTRIBUTE THEIR TIME AND TALENTS AS VOLUNTEERS. 4691893 true false false false false false false false false true true false false true false false true false false false false false false false false false false false true true true true false false false false false false false false false false false false false true false false false false true 0 0 68 true false false false false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true false false false X Wolfgang Mayer 7739891468 5025 North Paulina Street Chicago IL 60640 STEPHEN A DAHL 10 X 74391 421545 15207 WOLFGANG MAYER 10 X 0 378740 25713 KEITH REED 2 X 0 0 0 GESSEL BARRY JR 2 X 0 0 0 CHARLES JACKSON 2 X 0 0 0 DAVID E CARLSON 3 X X 0 0 0 74391 800285 40920 0 false true false 0 0 0 0 0 0 0 0 0 RESIDENT FEES 900099 4212373 4212373 0 0 OTHER PROGRAM SERVICE REVENUE 900099 73575 73575 0 0 0 0 0 0 4285948 152748 0 0 152748 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4438696 4285948 0 152748 0 0 0 0 201958 171664 30294 0 891702 757947 133755 77464 65844 11620 79468 67548 11920 74079 62967 11112 0 109789 93321 16468 10507 8931 1576 0 0 0 34494 29320 5174 78478 66706 11772 88347 75095 13252 0 0 0 17962 15268 2694 0 332 282 50 875309 744013 131296 0 1308769 1112454 196315 52466 44596 7870 MEDICAL SUPPLIES 18774 15958 2816 FOOD 355096 301831 53265 PURCHASED SERVICES 310006 263505 46501 UTILITIES 270575 229989 40586 PROPERTY TAX 487215 414133 73082 177085 150521 26564 0 5519875 4691893 827982 0 0 911 911 0 0 0 0 96819 105738 0 0 0 0 634300 252000 5609 8831 468700 332945 36542788 11750767 26061467 24792021 0 0 6313619 5608565 0 0 0 0 0 0 33581425 31101011 117540 28937 0 0 0 0 13360000 10163000 0 0 0 0 0 0 0 0 36655733 39423710 50133273 49615647 -16551848 -18514636 0 0 0 0 0 0 0 0 0 0 -16551848 -18514636 33581425 31101011 X -1081179 -881609 X false true true X false X 3200 500 0 150 0 3850 5508193 5659894 5466475 4481398 4285947 25401907 0 0 0 0 0 0 5511393 5660394 5466475 4481548 4285947 25405757 0 0 0 0 0 0 0 0 0 0 0 0 0 25405757 361755 287231 338350 29995 152749 1170080 0 361755 287231 338350 29995 152749 1170080 0 0 5873148 5947625 5804825 4511543 4438696 26575837 0.95600 0.95290 0.04400 0.04710 X 4300000 4300000 30747280 10682051 20065229 0 1495508 1068716 426792 0 24792021 0 0 INVESTMENTS: CASH AND EQUIVALENTS 3170441 F BOND TRUSTEE FUNDS: CASH AND CASH EQUIVALENTS 1145918 F BOND TRUSTEE FUNDS: US GOVERNMENT 1121537 F BOND TRUSTEE FUNDS: CORPORATE OBLIGATIONS 170669 F 5608565 0 DUE TO AFFILIATED ENTITY 4006178 RUFUNDABLE DEPOSITS ON UNOCCUPIED UNITS 303891 REFUNDABLE ENTRANCE FEES 34788641 INTEREST RATE SWAP AGREEMENTS 325000 39423710 4438696 5519875 -1081179 0 0 -1081179 0 0 0 0 0 0 0 0 0 0 0 0 false false false false false false false false false STEPHEN A DAHL 54236 305764 20155 114212 0 1569 112 632 2169 12294 76672 434471 0 0 WOLFGANG MAYER 0 284555 0 94185 0 0 0 529 0 25184 0 404453 0 0 ILLINOIS FINANCE AUTHORITY 861091967 2011-09-30 7600000 PROVIDE FUNDS TO REFUND PRIOR ISSUES. true false false 0 0 7600000 0 0 7453690 146040 0 0 0 0 0 2011 false true true true false false false false 0.0000 0.0000 0.0000 true false true true MB FINANCIAL BANK 15.0 false false false true false Review of form 990 by governing body Form 990, Part VI, Section B, Line 11a FY2011 FORM 990 IS PREPARED BY OUR ACCOUNTING STAFF. A DRAFT OF THE FORM 990 IS PROVIDED TO MANAGEMENT FOR THEIR REVIEW AND COMMENT. THE BOARD OF DIRECTORS IS THEN PROVIDED WITH AN APPROVED COPY OF THE FORM 990 BEFORE IT IS FILED. Conflict of interest policy Form 990, Part VI, Section B, Line 12c MEMBERS OF THE BOARD OF DIRECTORS, CORPORATE OFFICERS AND KEY EMPLOYEES ARE REQUIRED TO AVOID ALL SITUATIONS THAT MAY, IN FACT OR APPEARANCE, PRESENT AS A CONFLICT OF INTEREST. THE CORPORATE BYLAWS REQUIRE THAT ALL ACTUAL, POTENTIAL, DIRECT, APPARENT AND INDIRECT CONFLICTS BE DISCLOSED IN FULL AND IN WRITING. AN ANNUAL, FORMAL, WRITTEN DISCLOSURE STATEMENT IS COMPLETED BY ALL MEMBERS OF THE BOARD, CORPORATE OFFICERS AND KEY EMPLOYEES. BOARD MEMBERS WHO BELIEVE THEY MAY BE INVOLVED IN A CONFLICT OF INTEREST RELATED TO A PARTICULAR ISSUE WILL ABSTAIN FROM VOTING OR TAKING OTHER OFFICIAL ACTION RELATED TO THAT ISSUE. CORPORATE OFFICERS AND KEY EMPLOYEES WHO BELIEVE THEY MAY BE INVOLVED IN A CONFLICT OF INTEREST RELATED TO A PARTICULAR ISSUE WILL RECUSE THEMSELVES FROM TAKING ANY OFFICIAL ACTION RELATED TO THAT ISSUE. THE BOARD OF DIRECTORS RETAINS RESPONSIBILITY FOR ESTABLISHING ANY ADDITIONAL GUIDELINES NECESSARY TO RESOLVE A CONFLICT OF INTEREST. POLICIES REGARDING POTENTIAL CONFLICTS OF INTEREST ARE INCLUDED IN THE REGULARLY-SCHEDULED, FORMAL REVIEW CONDUCTED THROUGH THE CORPORATE COMPLIANCE PROGRAM, WHICH INCLUDES A COMPLIANCE OFFICER, COMPLIANCE COMMITTEE AND EXTERNAL LEGAL COUNSEL. Public Disclosure Form 990, Part VI, Section C, Line 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST STATEMENT, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED LOSS ON TRADING - -27091; LOSS ON DEBT DEFEASANCE - -529518; CHANGE IN FAIR VALUE OF INTEREST RATE SWAP - -325000; BETHANY METHODIST CORPORATION 5025 NORTH PAULINA STREET CHICAGO IL 60640 363478324 SUPPORTING ORGANIZATION IL 501(C)(3) 11 - Type I NA false BETHANY HOMES AND METHODIST HOSPITAL 5025 NORTH PAULINA STREET CHICAGO IL 60640 362012788 HEALTH CARE PROVIDER IL 501(C)(3) 3 NA false false false false false false false false false false false false false false true false false false false