2011-05-13T10:01:28-05:00 2010-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2009-07-01 351270709 GREENCROFT GOSHEN INC GREE 5745374000 PO BOX 819 GOSHEN IN 46527 DALE SHENK 2011-05-12 true 3128997000 2009 2016-02-24 21:20:13Z SANDRA YODER 1721 GREENCROFT BLVD GOSHEN IN 46527 32256590 false X WWW.GREENCROFT.ORG X 1972 IN GREENCROFT GOSHEN PROVIDES ACTIVE, AFFORDABLE RETIREMENT LIVING WITH SUPPORTIVE SERVICES, ASSISTED LIVING, & SKILLED NURSING CARE. CHARITY CARE FOR FYE JUNE 30, 2010 AMOUNTED TO $4,476,791. 9 8 642 392 152741 -11253 232636 225638 27922829 27074283 412666 -93525 718465 608865 29286596 27815261 168180 171017 0 0 14716083 14627599 0 0 0 13438194 12854590 28322457 27653206 964139 162055 61279528 59805485 69985465 68554761 -8705937 -8749276 THE MISSION OF GREENCROFT GOSHEN IS TO PROVIDE ACTIVE, AFFORDABLE RETIREMENT LIVING IN HOMES WITH SUPPORTIVE SERVICES, ASSISTED LIVING, AND SKILLED NURSING CARE. (CONTINUED IN SCHEDULE O) false false 14247726 0 17975431 NURSING SERVICES: GREENCROFT GOSHEN'S HEALTH FACILITIES PROVIDE STATE-OF-THE-ART HEALTH CARE TECHNIQUES AND TECHNOLOGY IN AN INVITING AND SUPPORTIVE RESIDENTIAL ENVIRONMENT. OUR SETTING IS APPROPRIATE FOR INDIVIDUALS WHO ARE RECOVERING FROM SURGERY OR ILLNESS, NEED REHABILITATION, OR REQUIRE ONGOING LONG-TERM NURSING CARE. OUR RESTORATIVE CARE PHILOSOPHY REINFORCES THE HEALING AND REHABILITATION PROCESS AND PROMOTES INDEPENDENCE. A FULL RANGE OF ACTIVITIES, CHAPLAINCY, AND SOCIAL SERVICES ARE PROVIDED. WE PROVIDE OUTPATIENT PHYSICAL, OCCUPATIONAL, AND SPEECH/LANGUAGE THERAPIES FOR ALL AGES. WE EMPHASIZE EDUCATION AND COMMUNICATION WITH YOU, YOUR FAMILY, AND REFERRING PHYSICIAN. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS MAY BE ELIGIBLE FOR SUPPORT FROM GREENCROFT COMMUNITIES FOUNDATION IF THEIR ASSETS RUN OUT. DURING THE YEAR ENDED JUNE 30, 2010, OVER 16% OF TOTAL REVENUES WERE USED TO PROVIDE COMMUNITY BENEFITS, WHICH INCLUDES THE FOLLOWING AMOUNTS: INDIGENT CARE/CHARITY CARE - $3,365,277 REDUCED/FREE CARE/USE OF FACILITIES - $403,439 MEDICARE WRITE-OFFS - $545,061 THIRD-PARTY INSURANCE WRITE-OFFS - $163,014 VOLUNTEERS - 49,300 HOURS (VALUED AT $433,818) 6842850 0 7497394 RESIDENT SERVICES: GREENCROFT GOSHEN (GG) IS A NON-PROFIT COMMUNITY BENEFIT CORPORATION THAT PROVIDES CONTINUING CARE RETIREMENT COMMUNITY (CCRC) SERVICES TO 950 RESIDENTS ON A 167-ACRE CAMPUS. GREENCROFT GOSHEN PROVIDES CCRC SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING, ADULT DAY PROGRAMS, SENIOR CENTER PROGRAMS, AND HOME CARE SERVICES. EVERGREEN PLACE PROVIDES GREENCROFT GOSHEN RESIDENTS WITH A VITAL OPTION IN THE CONTINUUM OF CARE IF AND WHEN THEY SHOULD NEED ASSISTIVE SERVICES. ASSISTED LIVING VACANCIES NOT FILLED BY GREENCROFT GOSHEN RESIDENTS ARE AVAILABLE TO OLDER ADULTS IN THE WIDER COMMUNITY. WE PARTNER WITH RESIDENTS, THEIR FAMILIES, AND OTHERS TO CREATE A COMMUNITY WHERE OLDER ADULTS ENJOY LIFE. SUCH PARTNERSHIP IS ESSENTIAL TO APPROPRIATELY MEET THE NEEDS OF A RAPIDLY GROWING OLDER ADULT POPULATION. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS ARE ELIGIBLE FOR SUPPORT FROM THE GREENCROFT FOUNDATION IF THEIR ASSETS RUN OUT. GREENCROFT GOSHEN IS AN ACTIVE PARTICIPANT IN A PARTNERSHIP WITH GOSHEN COLLEGE TO PROVIDE LIFELONG LEARNING OPPORTUNITIES TO PEOPLE OVER THE AGE OF 55 IN ELKHART COUNTY. ADDITIONALLY GG PROVIDES NUMEROUS PROGRAMS AND ACTIVITIES FOR SENIORS ON AND OFF OUR CAMPUS. GG IS AFFILIATED WITH THREE HUD HOUSING ORGANIZATIONS ON ITS CAMPUS THAT ARE INTEGRATED INTO GG'S SERVICES. THESE ORGANIZATIONS SERVE 250 RESIDENTS. 2097192 2837 126226 DIETARY AND OTHER SERVICES - THE ORGANIZATION PROVIDES DIETARY AND OTHER MISCELLANEOUS PROGRAM SERVICES TO ITS RESIDENTS. 168180 168180 928321 23355948 true true false false false false false false true true true true false false true false false false false false false true false false false false false false false false false true false false false false false true false false false true 0 0 642 true true true true CJ false false false false false false false 9 8 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 46526 X BYRON SHETLER 1 X X 0 0 0 JIM ALVAREZ 1 X X 0 0 0 DAVID OGLE 1 X 0 0 0 JUDY BEECHY 1 X 0 0 0 REX HOCHSTEDLER 1 X 0 0 0 RITA GINGRICH 1 X 0 0 0 VICKY KIRKTON 1 X 0 0 0 FRAN WENGER 1 X 0 0 0 LUKE BIRKY 1 X 0 0 0 RAY HELMUTH 1 X 0 0 0 JEFF FRANTZ 1 X 0 0 0 SANDRA YODER 40 X 0 113373 30431 PATRICIA FORD 1 X 0 47813 12596 DALE SHENK 1 X 0 94037 27948 0 255223 70975 0 false false false GREENCROFT RETIREMENT COMMUNITIES PO BOX 819 GOSHEN IN 46527 MANAGEMENT & CORPORATE SERVICES 2318342 HEALTHCARE THERAPY SERVICES 1411 W COUNTY LINE RD SUITE A GREENWOOD IN 46142 THERAPY SERVICES 1351634 2 0 0 0 161843 0 63795 0 225638 NURSING SERVICES 17975431 17975431 0 0 RESIDENT SERVICES 7497394 7497394 0 0 AFFILIATE SUPPORT SERVICES 928321 928321 0 0 DIETARY SERVICES 722320 673137 126226 137189 409722 0 0 0 0 0 0 0 0 27074283 722819 0 0 722819 0 0 0 0 0 0 0 0 173222 0 99962 0 73260 0 73260 0 15552 57708 3517225 7798 4341367 0 -824142 7798 -816344 0 0 -816344 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MAINTENANCE/HOUSEKEEPING/RESIDENT SERVICE FEES INCOME 165087 0 0 165087 BEAUTY/BARBER SHOP INCOME 133967 0 0 133967 TV/PHONE/DSL/TRANSPORTATION INCOME 112333 0 0 112333 124218 0 0 124218 535605 27815261 26527372 152741 909510 171017 171017 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10804436 9708599 1095837 0 428667 385190 43477 0 2562056 2302200 259856 0 832440 748010 84430 0 1383676 0 1383676 0 67720 0 67720 0 84740 0 84740 0 0 0 0 0 0 0 0 0 0 0 2364026 1433174 930852 0 20646 16658 3988 0 1651067 1523496 127571 0 0 0 0 0 0 0 0 0 1325274 1325274 0 0 29001 22067 6934 0 0 0 0 0 0 0 0 0 1931665 1931665 0 0 0 0 0 0 2390932 2390932 0 0 217630 217630 0 0 DIETARY EXPENSES 1008462 1008462 0 0 OTHER RESIDENT & NURSING EXPENSES 49956 49956 0 0 DUES, LICENSES, & SUBSCRIPTIONS 49401 4905 44496 0 BAD DEBT EXPENSE 44924 44924 0 0 PROFESSIONAL DEVELOPMENT & EDUCATION 34222 23537 10685 0 201248 48252 152996 0 27653206 23355948 4297258 0 0 0 0 0 2555 2580 3208709 3135836 0 0 1978126 1781471 0 0 0 0 0 0 117905 120690 219066 225166 70820118 36132527 35887039 34687591 11493359 11676457 4046077 3939097 28060 30933 0 0 4298632 4205664 61279528 59805485 1805529 1916927 0 0 7315879 7364528 42614771 41595012 0 0 0 0 0 0 0 0 18249286 17678294 69985465 68554761 X -8705937 -8749276 0 0 0 0 0 0 0 0 0 0 -8705937 -8749276 61279528 59805485 X false true true X false X 0 163563 339576 283485 232636 225638 1244898 12234914 25168067 26700107 27761764 26527372 118392224 0 0 565393 499098 895566 1960057 0 0 0 0 0 0 0 0 0 0 0 0 12398477 25507643 27548985 28493498 27648576 121597179 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 121597179 1554285 1136446 1067223 986618 896041 5640613 0 0 0 0 0 0 1554285 1136446 1067223 986618 896041 5640613 0 0 0 0 0 0 48328 746880 332847 150710 49761 1328526 14001090 27390969 28949055 29630826 28594378 128566318 0.94579 0.9226 0.04387 0.053 X OTHER INCOME, SCHEDULE A, PART III, SECTION B, LINE 12, MISCELLANEOUS INCOME RECEIVED IN FURTHERANCE OF THE ORGANIZATION'S TAX-EXEMPT PURPOSE: 2005 - $48,328 2006 - $746,880 2007 - $332,847 2008 - $150,710 2009 - $49,761, 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 1605921 1605921 0 56328421 26128689 30199732 0 3791799 2837789 954010 0 8852164 7166049 1686115 0 241813 0 241813 34687591 0 0 HEDGE FUNDS 934296 F FIXED INCOME (GIC) FUNDS 3004801 F 3939097 DUE FROM AFFILIATE - GREENCROFT MIDDLEBURY 2000000 DUE FROM AFFILIATE - GREENCROFT CENTRAL MANOR 590835 DUE FROM AFFILIATE - GREENCROFT MANOR II 34345 DUE FROM AFFILIATE - GREENCROFT MANOR III 201077 DEFERRED FINANCING COSTS 825072 RESIDENT CONTRACTS IN PROCESS OF SETTLEMENT 554335 4205664 0 DUE TO AFFILIATE - GREENCROFT RETIREMENT COMMUNITIES 836494 DUE TO AFFILIATE - GREENCROFT CENTRAL MANOR 20978 DUE TO AFFILIATE - GREENCROFT MIDDLEBURY 2600 ACCRUED INTEREST PAYABLE 655827 LIFE LEASE NOTES PAYABLE 16162395 17678294 27815261 27653206 162055 1178608 0 0 0 -1384988 -206380 -44325 29093831 1178608 0 0 99962 1278570 27815261 0 0 0 27815261 29138156 0 0 0 1484950 1484950 27653206 0 0 0 27653206 Intended uses of endowment funds Schedule D, Part V, Line 4 ENDOWMENT FUNDS ARE HELF 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, THE ORGANIZATION IS NOT SUBJECT TO U.S. FEDERAL INCOME TAX OR STATE INCOME TAX. THE ORGANIZATION'S FORM 990 HAS NOT BEEN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE STATE OF INDIANA FOR THE LAST THREE YEARS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ORGANIZATION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE ORGANIZATION DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2010 AND 2009. Other changes in net assets Schedule D, Part XI, Line 8 TRANSFER TO AFFILIATE (GREENCROFT RETIREMENT COMMUNITIES) - -1384988; OTHER - 0; TOTAL - -1384988 Other revenues in audited financial statements not in form 990 Schedule D, Part XII, Line 2d RENTAL EXPENSES - 99962; OTHER - 0; TOTAL - 99962 Other expenses in audited financial statements not in form 990 Schedule D, Part XIII, Line 2d TRANSFER TO AFFILIATE (GREENCROFT RETIREMENT COMMUNITIES) - 1384988; RENTAL EXPENSES - 99962; OTHER - 0; TOTAL - 1484950 CENTRAL AMERICA AND THE CARIBBEAN PASSIVE INVESTMENTS true GREENCROFT COMMUNITIES FOUNDATION INC PO BOX 819 GOSHEN IN 46527 237126990 501(C)(3) 168180 0 N/A N/A TO SUPPORT OPERATIONS CITY OF GOSHEN INDIANA CITY HALL 202 SOUTH 5TH STREET GOSHEN IN 46528 GOVERNMENT ENTITY 24000 0 N/A N/A TO SUPPORT OPERATIONS 2 0 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 CONTRIBUTIONS MADE ARE UNRESTRICTED AND CAN BE USED IN ANY WAY THE DONEE ORGANIZATION SEES FIT TO FURTHER ITS TAX-EXEMPT PURPOSE. EVERENCE FINANCIAL JIM ALVAREZ, A CURRENT BOARD MEMBER, IS THE SENIOR VICE PRESIDENT OF EVERENCE FINANCIAL 3786155 INSURANCE AND OTHER SERVICES PROVIDED BY EVERENCE FINANCIAL TO GREENCROFT GOSHEN false Description of other program services Form 990, Part III, Line 4d THE ORGANIZATION PROVIDES MAINTENANCE, TELEPHONE, HOUSEKEEPING, RENTAL, AND DIETARY SERVICES TO ITS VARIOUS AFFILIATED ORGANIZATIONS. Delegation of management duties Form 990, Part VI, Section A, Line 3 THE ORGANIZATION IS UNDER A MANAGEMENT/AFFILIATION CONTRACT WITH 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 AND OTHER OFFICERS IS PAID BY GREENCROFT RETIREMENT COMMUNITIES, INC., 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 SEE NARRATIVE FOR PART VI, SECTION B, LINE 15A. 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. SANDRA YODER, PRESIDENT, DEVOTES APPROXIMATELY TWO HOURS PER WEEK TO THE FOLLOWING RELATED TAX-EXEMPT ORGANIZATIONS: GREENCROFT RETIREMENT COMMUNITIES, INC. GREENCROFT CENTRAL MANOR, INC. GREENCROFT MANOR II, INC. GREENCROFT MANOR III, 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. THE BOARD HAS BEEN INTENTIONAL ABOUT UNDERSTANDING COMMUNITY BENEFIT. THESE ARE AMONG THE COMPONENTS OF WHAT WE INCLUDE AS COMMUNITY BENEFIT: - FREE OR REDUCED COST SERVICES WHEN A RESIDENT IS NOT ABLE TO PAY FOR THE FULL COST OF SERVICES PROVIDED; - INDIGENT CARE - SERVICES TO THE VERY POOR NOT REIMBURSED BY OTHER SOURCES; AND - UNREIMBURSED SERVICES FROM THIRD PARTY PAYERS, SUCH AS MEDICARE. GREENCROFT RETIREMENT COMMUNITIES INC PO BOX 819 GOSHEN IN 46527 300036587 MANAGEMENT IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC GREENCROFT CENTRAL MANOR INC PO BOX 819 GOSHEN IN 46527 356047318 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 GREENCROFT MANOR III INC PO BOX 819 GOSHEN IN 46527 351431475 HOUSING IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC GREENCROFT MIDDLEBURY INC PO BOX 819 GOSHEN IN 46527 300036865 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 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 true true false true true false true true false true false