2011-05-13T10:01:52-05:00 2010-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2009-07-01 300036865 GREENCROFT MIDDLEBURY INC GREE 5745374000 PO BOX 819 GOSHEN IN 46527 DALE SHENK 2011-05-12 true 3128997000 2009 2016-02-24 21:20:13Z DANIEL WOLFER 1721 GREENCROFT BLVD GOSHEN IN 46527 509925 false X WWW.GREENCROFT.ORG X 1999 IN GREENCROFT MIDDLEBURY PROVIDES ACTIVE, AFFORDABLE RETIREMENT LIVING IN HOMES WITH SUPPORTIVE SERVICES. SERVICES PROVIDED TO RESIDENTS AND THE BROADER MIDDLEBURY COMMUNITY AT REDUCED OR NO COST AMOUNTED TO $113,000 FOR FYE JUNE 30, 2010. 9 9 2 21 0 0 90116 404597 413687 7361 3354 6375 2768 418333 509925 33636 33911 0 114339 125404 0 0 599817 575446 747792 734761 -329459 -224836 6525477 6441033 6700686 6841078 -175209 -400045 THE MISSION OF GREENCROFT MIDDLEBURY IS TO PROVIDE ACTIVE, AFFORDABLE RETIREMENT LIVING IN HOMES WITH SUPPORTIVE SERVICES, ASSISTED LIVING, AND SKILLED NURSING CARE. (CONTINUED IN SCHEDULE O) false false 625430 33911 413687 GREENCROFT MIDDLEBURY IS A NON-PROFIT COMMUNITY BENEFIT CORPORATION THAT PROVIDES INDEPENDENT LIVING SERVICES TO 43 RESIDENTS ON A 23-ACRE CAMPUS. ASSISTED LIVING AND HEALTHCARE NURSING SERVICES ARE AVAILABLE VIA A CONTRACT BETWEEN GREENCROFT MIDDLEBURY AND GREENCROFT GOSHEN. SUPPORTIVE SERVICES FOR RESIDENTS AND OTHER AREA SENIORS ARE PROVIDED THROUGH THE GREENCROFT MIDDLEBURY SENIOR CENTER ON CAMPUS. DURING THE YEAR ENDED JUNE 30, 2010, OVER 22% OF TOTAL REVENUES WERE USED TO PROVIDE COMMUNITY BENEFITS IN THE FORM OF REDUCED/FREE SENIOR CENTER SERVICES. IN ADDITION, RESIDENTS WHO DO NOT MISUSE THEIR ASSETS MAY BE ELIGIBLE FOR SUPPORT FROM GREENCROFT MIDDLEBURY IF THEIR ASSETS RUN OUT. 625430 true true false false false false false false true true false true false false false false false false false false false true false false false false false false false false false false false false false false false true false false false true 0 0 2 true false false false false false false false false false 9 9 false true false false true true true true true false false true true true true true true true true false IN X DALE SHENK 5745374000 1721 GREENCROFT BLVD GOSHEN IN 46527 DANA SNIDER 1 X X 0 0 0 SHERMAN W HANSEN 1 X X 0 0 0 BERTHA RHODES 1 X 0 0 0 KEITH BARKOW 1 X 0 0 0 BOB HAWKINS 1 X 0 0 0 HARLEY TROYER 1 X 0 0 0 WES CULVER 1 X 0 0 0 DR G WELDON FRIESEN 1 X 0 0 0 KENT YODER 1 X 0 0 0 HARRIET GREEN 1 X 0 0 0 FAY SCHWARTZ 1 X 0 0 0 DALE SHENK 1 X 0 94037 27948 PATRICIA FORD 1 X 0 47813 12596 DANIEL WOLFER 40 X 42568 0 18575 42568 141850 59119 0 false false false 0 0 0 0 90116 0 0 0 90116 NET RESIDENT SERVICES 413687 413687 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 413687 3354 0 0 3354 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 MAINTENANCE/HOUSEKEEPING INCOME 2766 0 0 2766 MISCELLANEOUS INCOME 2 0 0 2 0 0 0 0 0 0 0 0 2768 509925 413687 0 6122 33911 33911 0 0 0 0 0 0 59743 44807 14936 0 0 0 0 0 48048 36036 12012 0 1505 1129 376 0 9319 6989 2330 0 6789 5092 1697 0 20823 0 20823 0 2006 0 2006 0 8534 0 8534 0 0 0 0 0 0 0 0 0 0 0 31725 6241 25484 0 61268 61268 0 0 15491 9834 5657 0 0 0 0 0 0 0 0 0 74632 74632 0 0 570 0 570 0 0 0 0 0 986 0 986 0 100000 100000 0 0 0 0 0 0 163155 163155 0 0 4099 0 4099 0 FACILITY/GROUND MAINTENANCE (SERVICE CENTER EXPENSE) 81204 81204 0 0 MISCELLANEOUS 6711 1012 5699 0 REPAIRS & MAINTENANCE 2739 0 2739 0 DUES, LICENSES, & SUBSCRIPTIONS 1503 120 1383 0 0 0 0 0 0 0 0 0 734761 625430 109331 0 0 0 0 0 175 175 527299 536321 0 0 122319 115950 0 0 0 0 0 0 0 0 770 1102 6473465 688580 5874914 5784885 0 0 0 0 0 0 0 0 0 2600 6525477 6441033 67080 14782 0 0 2507022 2180708 0 0 0 0 0 0 0 0 0 0 4126584 4645588 6700686 6841078 X -175209 -400045 0 0 0 0 0 0 0 0 0 0 -175209 -400045 6525477 6441033 X false true true X false X 0 25525 1007656 0 0 90116 1123297 283832 334669 419333 404597 413687 1856118 0 0 11171 6255 2766 20192 0 0 0 0 0 0 0 0 0 0 0 0 309357 1342325 430504 410852 506569 2999607 25525 0 0 0 0 25525 0 0 0 196920 92675 289595 25525 0 0 196920 92675 315120 2684487 6401 16693 15620 7361 3354 49429 0 0 0 0 0 0 6401 16693 15620 7361 3354 49429 0 0 0 0 0 0 0 0 1858 120 2 1980 315758 1359018 447982 418333 509925 3051016 0.87987 0.8919 0.0162 0.0192 X OTHER INCOME, SCHEDULE A, PART III, SECTION B, LINE 12, MISCELLANEOUS INCOME RECEIVED IN FURTHERANCE OF THE ORGANIZATION'S TAX-EXEMPT PURPOSE: 2005 - $0 2006 - $0 2007 - $1,858 2008 - $120 2009 - $2, RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5614673 45840 332789 0 69762 0 5923540 6616432 285623 -1128086 0 159296 0 5614673 0.6186 0.3725 0.0089 false true true 0 0 0 0 3866195 483666 3382529 0 2435777 183846 2251931 0 35728 21068 14660 0 135765 0 135765 5784885 0 LIFE LEASE NOTES PAYABLE 2042814 DUE TO AFFILIATE - GREENCROFT GOSHEN 2000000 DUE TO AFFILIATE - GREENCROFT RETIREMENT COMMUNITIES 602774 4645588 Intended uses of endowment funds Schedule D, Part V, Line 4 ENDOWMENT FUNDS ARE HELD BY GREENCROFT COMMUNITIES FOUNDATION, INC. FOR THE BENEFIT OF GREENCROFT RETIREMENT COMMUNITIES, INC. AND ITS AFFILIATED ORGANIZATIONS. GREENCROFT COMMUNITIES FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PERPETUAL SOURCE OF SUPPORT TO PROGRAMS SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO PRESERVE THE PURCHASING POWER OF THE ENDOWMENT ASSETS. FIN 48 footnote Schedule D, Part X, Line 2 U.S. GAAP REQUIRES THAT A TAX POSITION IS RECOGNIZED AS A BENEFIT ONLY IF IT IS "MORE LIKELY THAN NOT" THAT THE TAX POSITION WOULD BE SUSTAINED IN A TAX EXAMINATION, WITH A TAX EXAMINATION BEING PRESUMED TO OCCUR. THE AMOUNT RECOGNIZED IS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED ON EXAMINATION. FOR TAX POSITIONS NOT MEETING THE "MORE LIKELY THAN NOT" TEST, NO TAX BENEFIT IS RECORDED. DUE TO ITS TAX-EXEMPT STATUS, GREENCROFT MIDDLEBURY IS NOT SUBJECT TO U.S. FEDERAL INCOME TAX OR STATE INCOME TAX. GREENCROFT MIDDLEBURY'S FORM 990 HAS NOT BEEN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE STATE OF INDIANA FOR THE LAST THREE YEARS. GREENCROFT MIDDLEBURY DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. GREENCROFT MIDDLEBURY RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. GREENCROFT MIDDLEBURY DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2010 AND 2009. true GREENCROFT COMMUNITIES FOUNDATION INC PO BOX 819 GOSHEN IN 46527 237126990 501(C)(3) 33636 0 N/A N/A TO SUPPORT OPERATIONS 1 0 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE ORGANIZATION MAKES GRANTS TO RELATED ORGANIZATIONS. GRANTS MADE ARE UNRESTRICTED AND CAN BE USED IN ANY WAY THE RECIPIENT SEES FIT TO FURTHER ITS TAX-EXEMPT PURPOSE. Delegation of management duties Form 990, Part VI, Section A, Line 3 GREENCROFT RETIREMENT COMMUNITIES, INC. ("GRC"), A RELATED TAX-EXEMPT ORGANIZATION. ACCORDING TO THE AGREEMENT, GRC HAS THE SOLE AND EXCLUSIVE RIGHT TO SUPERVISE, MANAGE, AND OPERATE THE ORGANIZATION'S FACILITY ("THE FACILITY"). IN ADDITION, GRC HAS THE SOLE CONTROL AND DISCRETION WITH REGARD TO THE OPERATION AND MANAGEMENT OF THE FACILITY FOR ALL CUSTOMARY PURPOSES, AS WELL AS THE RIGHT TO DETERMINE ALL OPERATING POLICIES AFFECTING OR CONCERNING THE APPEARANCE AND MAINTENANCE STANDARDS OF OPERATION, AND ANY OTHER MATTER AFFECTING THE FACILITY OR THE OPERATION THEREOF. THE AGREEMENT TERMINATES IN JUNE 2011, AND IS RENEWABLE ANNUALLY FOR ADDITIONAL ONE YEAR PERIODS. Classes of members or stockholders Form 990, Part VI, Section A, Line 6 THE ORGANIZATION HAS ONE MEMBER, GREENCROFT RETIREMENT COMMUNITIES, INC. (GRC), WHO IS ALSO A RELATED TAX-EXEMPT ORGANIZATION. THE RESERVED POWERS OF THE SOLE MEMBER ARE AS FOLLOWS: 1. APPROVAL TO ANY CHANGES IN CORPORATE MISSION, WHICH MAY BE PROPOSED BY THE ORGANIZATION, BUT WHICH SHALL BECOME EFFECTIVE ONLY UPON APPROVAL OF GRC; 2. APPROVAL OF NOMINATED CANDIDATES TO SERVE AS DIRECTOR OF THE ORGANIZATION; 3. THE CREATION OR DISCONTINUANCE OF PROGRAMS OR SERVICES OFFERED BY THE ORGANIZATION; 4. AMENDMENTS TO THE BYLAWS AND ARTICLES OF INCORPORATION; 5. APPROVAL OR THE ADOPTION OF THE ANNUAL BUDGET; 6. APPROVAL OF NON-BUDGETED CONTRACTS AND/OR NON-BUDGETED PURCHASES OF OVER $50,000; 7. THE INCURRENCE OF INDEBTEDNESS OF OVER $500,000; 8. THE SALE OF REAL ESTATE; 9. THE DONATION OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS; 10. ANY MERGER OR CONSOLIDATION WITH ANY OTHER ORGANIZATION, OR THE PARTIAL OR TOTAL DISSOLUTION OF THE ORGANIZATION; 11. THE CREATION OF SUBSIDIARY CORPORATIONS, LLCS, PARTNERSHIPS, OR OTHER ENTERPRISES; 12. THE ACQUISITION OF CONTROLLING INTERESTS IN ANOTHER ENTITY; 13. THE APPOINTMENT OF THE PRESIDENT/CEO, CFO, SECRETARY, AND TREASURER OF THE CORPORATION (BUT NOT THE OFFICERS OF THE BOARD OF DIRECTORS); 14. THE REMOVAL OF THE CHAIR OF THE BOARD OF DIRECTORS, WITH OR WITHOUT CAUSE; 15. THE REMOVAL OF MEMBERS OF THE BOARD OF DIRECTORS, WITH OR WITHOUT CAUSE. NOTWITHSTANDING THESE RESERVED POWERS, THE MEMBER HAS NO FINANCIAL OBLIGATIONS OR RESPONSIBILITIES FOR ANY ACTIONS OF THE ORGANIZATION BY REASON OF SERVING AS A MEMBER. Members or stockholders electing members of governing body Form 990, Part VI, Section A, Line 7a SEE NARRATIVE FOR PART VI, SECTION A, LINE 6. Decisions requiring approval by members or stockholders Form 990, Part VI, Section A, Line 7b SEE NARRATIVE FOR PART VI, SECTION A, LINE 6. Review of form 990 by governing body Form 990, Part VI, Section B, Line 11A A FINAL DRAFT OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, IS PRESENTED BY OUR TAX ADVISORS TO THE ORGANIZATION'S AUDIT COMMITTEE AT A REGULARLY SCHEDULED MEETING. A COPY OF THE FINAL DRAFT IS THEN PROVIDED TO EACH BOARD MEMBER PRIOR TO ITS FILING. THIS ALLOWS THE BOARD OF DIRECTORS AND MANAGEMENT TO REVIEW AND PROVIDE COMMENTS AND EXPLANATIONS REGARDING CHANGES TO THE REDESIGNED FORM. Conflict of interest policy Form 990, Part VI, Section B, Line 12c BOARD MEMBERS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTERESTS THEY MAY HAVE WITH THE ORGANIZATION. THE TREASURER REVIEWS EACH POLICY STATEMENT SIGNED BY THESE INDIVIDUALS TO DETERMINE IF ANY CONFLICTS HAVE OCCURRED AND NEED TO BE BROUGHT TO THE ATTENTION OF THE BOARD. IF A CONFLICT ARISES, THE RESPECTIVE BOARD MEMBER WILL ABSTAIN HIM/HERSELF FROM ANY RELATED DISCUSSION, VOTE OR SIMILAR ACTION ON THE MATTER. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a COMPENSATION FOR THE ORGANIZATION'S PRESIDENT IS PAID BY GREENCROFT GOSHEN, A RELATED TAX-EXEMPT ORGANIZATION. GREENCROFT GOSHEN'S (GG) PHILOSOPHY IS TO COMPENSATE TEAM MEMBERS IN A FAIR MANNER FOR THE WORTH OF WORK PROVIDED WITHIN THE CURRENT MARKET VALUE RANGE FOR EACH POSITION IN THE ORGANIZATION. GG CONDUCTS PERIODIC REVIEWS OF THE MARKET TO DEVELOP AVERAGE WAGES FOR POSITIONS WITHIN GREENCROFT GOSHEN. GREENCROFT GOSHEN STARTS EMPLOYEES THAT MEET THE MINIMUM REQUIREMENTS FOR THE POSITION AT/OR NEAR THE STARTING WAGE. WE MAKE ADJUSTMENTS TO THE STARTING WAGE BASED ON YEARS OF EXPERIENCE IN THAT SPECIFIC POSITION. OUR COMPENSATION PHILOSOPHY FOR STAFF OF OUR ORGANIZATION IS BASED ON VARIOUS TIERS. THE FIRST TIER IS GENERAL STAFF. WE HAVE HIRED AN OUTSIDE CONSULTANT TO DEVELOP A COMPENSATION SYSTEM FOR ALL OF GREENCROFT GOSHEN'S POSITIONS. THE CONSULTANT DEVELOPED A SYSTEM WITH WAGE SCALES THAT USE THE MARKETPLACE AVERAGE FOR KEY POSITIONS AS THE BASE POINT FOR THE SCALES. THE WAGES SCALES HAVE A MINIMUM, A 25TH PERCENTILE, A 50TH PERCENTILE (AVERAGE), A 75TH PERCENTILE, AND A MAXIMUM. WE STRIVE TO KEEP OUR AVERAGE FOR POSITIONS AT THE MID-POINT OF A RANGE DEVELOPED BY OUR CONSULTANTS. PERIODICALLY WE HIRE A CONSULTANT TO UPDATE THE MARKETPLACE AVERAGE FOR SEVERAL KEY POSITIONS. THE CONSULTANT WILL USE AREA MARKETPLACE DATA, AAHSA DATA, AND OTHER INDUSTRY DATA TO DEVELOP THE AVERAGE. OUR COMPENSATION PHILOSOPHY FOR MANAGEMENT AND EXECUTIVE STAFF (DIRECTORS AND VICE PRESIDENT) OF OUR ORGANIZATION IS SLIGHTLY DIFFERENT. THE SECOND TIER IS MANAGEMENT STAFF. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR STAFF. HOWEVER, OUR POLICY STATES THAT DIRECTORS ARE LIKE OTHER STAFF AND CAN EARN UP TO THE 100TH PERCENTILE OF THE RANGE FOR THEIR POSITION. OUR THIRD TIER IS VICE PRESIDENT STAFF. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR STAFF. HOWEVER, THERE IS ONE DIFFERENCE. THE POLICY STATES THAT VICE PRESIDENTS CAN EARN UP TO THE 85TH PERCENTILE OF THE RANGE FOR THEIR POSITION. THE RANGE USES THE MEDIAN AS THE MID-POINT NOT THE AVERAGE. GENERALLY THE MEDIAN IS BELOW THE AVERAGE. THE OVERALL COMPENSATION POLICY AND THE VP COMPENSATION POLICY ARE APPROVED BY THE GREENCROFT RETIREMENT COMMUNITIES (GRC) BOARD OF DIRECTORS. THE GREENCROFT GOSHEN (GG) BOARD REVIEWS THE COMPENSATION POLICIES. ANNUALLY THE GRC BOARD AND THE GG BOARD REVIEW THE COMPENSATION OF THEIR RESPECTIVE EXECUTIVE TEAMS. THEY COMPARE CURRENT WAGES WITH NATIONAL DATA PROVIDED BY AMERICAN ASSOCIATION OF HOMES AND SERVICES FOR THE AGING (AAHSA). THE BOARDS REVIEW THE CURRENT WAGE, THE PERCENTILE RANKING OF THE EMPLOYEE IN HIS/HER RESPECTIVE RANGE, AND THE MEDIAN OF THE MARKETPLACE COMPARED TO THE MID-POINT OF THE EMPLOYEE'S RANGE. THE BOARDS DOCUMENT THESE MEETINGS AND ACTIONS TAKEN IN THEIR BOARD MINUTES. THE GG BOARD HAS REVIEWED THE BASE WAGE AND THE VARIABLE PAY FOR THE PRESIDENT OF GREENCROFT GOSHEN. IN THE FISCAL YEAR 2010, THIS POSITION WAS AT THE 61ST PERCENTILE OF THE RANGE FOR THIS POSITION IN BASE COMPENSATION AND AT THE 40TH PERCENTILE OF THE MARKET FOR THE VARIABLE PAY COMPENSATION. Process used to establish compensation of other officers/key employees Form 990, Part VI, Section B, Line 15b COMPENSATION FOR THE ORGANIZATION'S OTHER OFFICERS IS PAID BY GREENCROFT RETIREMENT COMMUNITIES, A RELATED TAX-EXEMPT ORGANIZATION. GREENCROFT RETIREMENT COMMUNITIES' (GRC) PHILOSOPHY IS TO COMPENSATE TEAM MEMBERS IN A FAIR MANNER FOR THE WORTH OF WORK PROVIDED WITHIN THE CURRENT MARKET VALUE RANGE FOR EACH POSITION IN THE ORGANIZATION. GRC CONDUCTS PERIODIC REVIEWS OF THE MARKET TO DEVELOP AVERAGE WAGES FOR POSITIONS WITHIN GREENCROFT RETIREMENT COMMUNITIES. GREENCROFT RETIREMENT COMMUNITIES WILL START EMPLOYEES THAT MEET THE MINIMUM REQUIREMENTS FOR THE POSITION AT/OR NEAR THE STARTING WAGE. EMPLOYEES WITH EXPERIENCE IN A JOB ARE HIRED HIGHER UP IN THE WAGE SCALE. A HIRING GRID IS USED FOR UP TO ELEVEN YEARS OF EXPERIENCE. OUR COMPENSATION PHILOSOPHY FOR STAFF OF OUR ORGANIZATION IS BASED ON THE VARIOUS TIERS. THE FIRST TIER IS GENERAL AND MANAGEMENT STAFF. WE HAVE HIRED AN OUTSIDE CONSULTANT TO DEVELOP A COMPENSATION SYSTEM FOR ALL OF GREENCROFT RETIREMENT COMMUNITIES' POSITIONS. THE CONSULTANT DEVELOPED A SYSTEM WITH WAGE SCALES THAT USE THE MARKETPLACE AVERAGE FOR KEY POSITIONS AS THE BASE POINT FOR THE SCALES. THE WAGE SCALES HAVE A MINIMUM, A 25TH PERCENTILE, A 50TH PERCENTILE (AVERAGE), A 75TH PERCENTILE, AND A MAXIMUM. WE STRIVE TO KEEP THE AVERAGE PAY IN THE MARKETPLACE FOR POSITIONS AT THE MID-POINT OF OUR PAY RANGE FOR A POSITION DEVELOPED BY OUR CONSULTANT. PERIODICALLY WE HIRE A CONSULTANT TO UPDATE THE MARKETPLACE AVERAGE FOR SEVERAL KEY POSITIONS. THE CONSULTANT WILL USE AREA MARKETPLACE DATA, AAHSA DATA, AND OTHER INDUSTRY DATA TO DEVELOP THE AVERAGE. OUR COMPENSATION PHILOSOPHY FOR EXECUTIVE STAFF (VICE PRESIDENTS AND ABOVE) OF OUR ORGANIZATION IS SLIGHTLY DIFFERENT. THE SECOND TIER IS VICE PRESIDENTS. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR STAFF. HOWEVER, OUR POLICY STATES THAT VICE PRESIDENTS CAN EARN UP TO THE 85TH PERCENTILE OF THE RANGE FOR THEIR POSITION. OUR THIRD TIER IS SENIOR VICE PRESIDENTS AND CEO STAFF. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR STAFF. HOWEVER, THERE ARE TWO DIFFERENCES. FIRST, THE POLICY STATES THAT SENIOR VICE PRESIDENTS AND THE CEO CAN EARN UP TO THE 75TH PERCENTILE OF THE RANGE FOR THEIR POSITION. THE PAY RANGE USES THE MARKETPLACE MEDIAN AS THE MID-POINT FOR THESE PAY RANGES, NOT THE MARKETPLACE AVERAGE. GENERALLY THE MEDIAN IS BELOW THE AVERAGE. THE BOARD HAS ALSO DESIGNED A QUALIFIED DEFERRED COMPENSATION PROGRAM FOR THIS TIER OF EMPLOYEE. ANNUALLY, THE BOARD SETS ASIDE UP TO 10% OF THESE EMPLOYEES' WAGES IN THIS PROGRAM. ANNUALLY, THE BOARD REVIEWS THE SALARY AND WAGE COMPARISONS FOR EACH EXECUTIVE STAFF MEMBER. A FISCAL YEAR 2009 SURVEY OF OUR EXECUTIVE POSITIONS, INCLUDING VICE PRESIDENT, SENIOR VICE PRESIDENT, AND CEO, SHOW THE FOLLOWING BREAKDOWNS: NUMBER OF EMPLOYEES IN GROUP: 0 TO 24TH PERCENTILE - 2 (17%) 25TH TO 49TH PERCENTILE - 4 (33%) 50TH TO 74TH PERCENTILE - 6 (50%) 75TH TO 100TH+ PERCENTILE - 0 (0%) THE OVERALL COMPENSATION POLICY, THE VPS COMPENSATION POLICES, AND THE CEO COMPENSATION POLICY ARE APPROVED BY THE GREENCROFT RETIREMENT COMMUNITIES (GRC) BOARD OF DIRECTORS. THE VARIOUS AFFILIATES IN THE GRC STRUCTURE REVIEW THE COMPENSATION POLICIES. ANNUALLY, THE GRC BOARD AND ITS AFFILIATE BOARDS REVIEW THE COMPENSATION OF THEIR RESPECTIVE EXECUTIVE TEAMS. THEY COMPARE BASE WAGES AND VARIABLE PAY PLANS WITH NATIONAL DATA PROVIDED BY AMERICAN ASSOCIATION OF HOMES AND SERVICES FOR THE AGING (AAHSA). THE BOARDS REVIEW THE CURRENT WAGE, THE PERCENTILE RANKING OF THE EMPLOYEE IN HIS/HER RESPECTIVE RANGE, AND THE MEDIAN OF THE MARKETPLACE COMPARED TO THE MID-POINT OF THE EMPLOYEE'S RANGE. THE BOARDS DOCUMENT THESE MEETINGS AND ACTIONS TAKEN IN THEIR BOARD MINUTES. Public Disclosure Form 990, Part VI, Section C, Line 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES FORM 990, PART VII, SECTION A PATRICIA FORD, SECRETARY, DEVOTES APPROXIMATELY 40 HOURS PER WEEK TO GREENCROFT RETIREMENT COMMUNITIES, INC., A RELATED TAX-EXEMPT ORGANIZATION; SHE ALSO DEVOTES APPROXIMATELY ONE HOUR PER WEEK TO THE FOLLOWING RELATED ORGANIZATIONS: GREENCROFT COMMUNITIES FOUNDATION, INC. GREENCROFT CENTRAL MANOR, INC. GREENCROFT MANOR II, INC. GREENCROFT MANOR III, INC. GREENCROFT MIDDLEBURY, INC. GREENCROFT HOME HEALTH SERVICES, INC. GREENCROFT MANAGEMENT, INC. DALE SHENK, TREASURER, DEVOTES APPROXIMATELY 40 HOURS PER WEEK TO GREENCROFT RETIREMENT COMMUNITIES, INC., A RELATED TAX-EXEMPT ORGANIZATION; HE ALSO DEVOTES ONE HOUR PER WEEK TO THE FOLLOWING RELATED ORGANIZATIONS: GREENCROFT COMMUNITIES FOUNDATION, INC. GREENCROFT CENTRAL MANOR, INC. GREENCROFT MANOR II, INC. GREENCROFT MANOR III, INC. GREENCROFT MIDDLEBURY, INC. GREENCROFT HOME HEALTH SERVICES, INC. SOUTHFIELD VILLAGE, INC. HAVEN HUBBARD HOMES, INC. D/B/A HAMILTON GROVE WALNUT HILLS RETIREMENT COMMUNITIES, INC. OAK GROVE CHRISTIAN RETIREMENT VILLAGE, INC. GREENCROFT MANAGEMENT, INC. VARIOUS BOARD MEMBERS ALSO CONTRIBUTE TIME TO OTHER RELATED ORGANIZATIONS REPORTED IN SCHEDULE R. ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 (CONTINUED FROM PART III) EACH YEAR THE ORGANIZATION STRIVES TO BE A GOOD NEIGHBOR IN THE COMMUNITY WHERE WE SERVE. WE HAVE A HISTORY OF ADDING VALUE TO OUR RESIDENTS, TO SENIORS LIVING OUTSIDE OF OUR COMMUNITY AND TO THE BROADER COMMUNITY WE SERVE. WE STRIVE TO IMPROVE THE QUALITY OF CARE BY CELEBRATING THE LIVES OF THE SENIORS LIVING IN OUR COMMUNITY AND WORKING WITH THEM TO ENSURE THEY HAVE OPPORTUNITIES TO LIVE LIFE OUT TO THE FULLEST AND WORK TOGETHER TO ADDRESS THE CHALLENGES OF AGING. NUMBER OF EMPLOYEES REPORTED ON FORM W-3 FORM 990, PART I, LINE 5 AND PART V, LINE 2A THE ORGANIZATION'S EMPLOYEES ARE PAID BY GREENCROFT GOSHEN, INC. (EIN: 35-1270709), A RELATED TAX-EXEMPT ORGANIZATION. THESE EMPLOYEES ARE INCLUDED IN THE FORM W-3, TRANSMITTAL OF WAGE AND TAX STATEMENTS, THAT IS FILED BY GREENCROFT GOSHEN. GREENCROFT RETIREMENT COMMUNITIES INC PO BOX 819 GOSHEN IN 46527 351377430 MANAGEMENT IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC GREENCROFT GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 HEALTHCARE IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC GREENCROFT CENTRAL MANOR INC PO BOX 891 GOSHEN IN 46527 356047318 HOUSING IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC GREENCROFT COMMUNITIES FOUNDATION INC PO BOX 819 GOSHEN IN 46527 237126990 FUNDRAISING IN 501(C)(3) 7 GREENCROFT RETIREMENT COMMUNITIES INC GREENCROFT MANOR III INC PO BOX 819 GOSHEN IN 46527 351431475 HOUSING IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC GREENCROFT MANOR II INC PO BOX 819 GOSHEN IN 46527 351377430 HOUSING IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC HAVEN HUBBARD HOMES INC DBA HAMILTON GROVE 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 350870110 HEALTHCARE IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC 221 WEST DIVISION ROAD DEMOTTE IN 46310 351986767 HEALTHCARE IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC SOUTHFIELD VILLAGE INC 6450 MIAMI CIRCLE SOUTH BEND IN 46614 351866553 HEALTHCARE IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC WALNUT HILLS RETIREMENT COMMUNITIES INC PO BOX 129 WALNUT CREEK OH 44687 351317338 HEALTHCARE IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC GREENCROFT HOME HEALTH SERVICE INC PO BOX 819 GOSHEN IN 46527 351606010 HOME HEALTH IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC HAMILTON FOUNDATION INC 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 351764275 FUNDRAISING IN 501(C)(3) 11 - Type I HAVEN HUBBARD HOMES INC DBA HAMILTON GROVE GREENCROFT MANAGEMENT INC PO BOX 819 GOSHEN IN 46527 270259652 MANAGEMENT IN GREENCROFT RETIREMENT COMMUNITIES INC C CORPORATION 0 0 0 false true true true true false false false false false false true true true true false false false