2011-10-27T13:06:43-07:00 2011-03-31 990 2010-04-01 510249312 PARK VILLAGE INC PARK 5404384225 1501 Virginia Ave Harrisonburg VA 22802 Curtis Stutzman 5405643400 2011-10-27 2010 2016-03-07 17:11:31Z Ronald Yoder 1501 Virginia Ave Harrisonburg VA 22802 5922046 0 X www.vmrc.org X 1980 VA The mission of Virginia Mennonite Retirement Community is to be a leading resource in providing quality homes and services that people want and need to age well. Park Village Inc. provides retirement housing for seniors. 3 3 87 74 0 0 0 0 5461081 5687994 133795 92953 -937 -1882 5593939 5779065 0 0 0 0 987349 1035177 0 0 0 4300003 4433295 5287352 5468472 306587 310593 28788140 29719621 38232945 38769612 -9444805 -9049991 The mission of Virginia Mennonite Retirement Community is to be a leading resource in providing quality homes and services that people want and need to age well. Park Village Inc. provides retirement housing for seniors. 0 0 4471693 0 5687994 One and two bedroom retirement apartments and cottages, including activities, maintenance of units, grounds and appliances. 0 0 0 4471693 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 1 0 0 0 0 1 0 0 1 87 1 0 0 0 0 0 0 0 0 0 1 1 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Curtis Stutsman 5404384225 1501 Virginia Ave Harrisonburg VA 22802 Allon Lefever 1 X 0 0 0 Paul Cline 1 X 0 0 0 Geraldine Rush 1 X 0 0 0 Ronald Yoder 40 X 0 137190 11934 Curtis Stutzman 40 X 0 107203 10734 0 244393 22668 0 0 0 0 Sodexho Inc & Associates PO Box 536922 Atlanta GA 30353 Dining Services 399841 Lantz Construction Company 539 S Main St Broadway VA 22815 Constuction Contractor 395825 Weaver's Floorcovering 3245 S Main St Harrisonburg VA 22801 Floorcovering Materials and Installation 219543 3 0 Senior Housing and Services 531110 5687994 5687994 0 0 0 0 0 0 5687994 92953 0 0 92953 0 0 0 0 0 0 0 0 42190 0 45628 0 -3438 0 -3438 0 0 -3438 0 0 98909 97353 1556 0 0 1556 0 5779065 5687994 0 91071 787641 536584 251057 15906 7344 8562 161967 138869 23098 69663 51272 18391 556018 556018 100 100 9000 9000 230129 230129 269732 268863 869 317429 297792 19637 699276 654108 45168 20 20 1017 801 216 885628 885628 3954 3954 1231739 1206539 25200 35489 35489 Wellness Center Services for Residents 74690 74690 0 0 Activity Services for Residents 119074 119074 0 0 5468472 4471693 996779 0 1000 1000 6967 6995 12020 3967 10370600 11084419 13677 14089 36750103 18140952 18383876 18609151 28788140 29719621 477742 688609 19339845 19983682 17282357 17048540 1133001 1048781 38232945 38769612 X -9444805 -9049991 0 0 0 0 -9444805 -9049991 28788140 29719621 X 310593 84221 X 0 1 1 X 0 X 0 0 0 0 4681602 4883052 5192624 5555845 5687994 26001117 190287 190576 94462 42190 141099 658614 0 0 0 0 4871889 5073628 5287086 5598035 5829093 26659731 0 0 0 0 0 0 0 0 0 0 0 26659731 382584 306682 202620 133795 92953 1118634 382584 306682 202620 133795 92953 1118634 0 0 0 0 0 0 5254473 5380310 5489706 5731830 5922046 27778365 0.95973 0.95072 0.04027 0.04928 X 0 507416 507416 0 32077493 14879112 17198381 0 1155254 957088 198166 0 3009940 2304752 705188 0 0 0 0 18609151 0 Interest Rate Swap Contracts 1048781 1048781 5779065 5468472 310593 0 0 0 0 84221 84221 394814 5824693 0 0 0 45628 45628 5779065 0 0 0 5779065 5514098 0 0 0 45628 45628 5468470 0 2 2 5468472 SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Organization is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code. However, income from certain activities directly related to the Organization's tax-exempt purpose is subject to taxation as unrelated business income. The Organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. In addition, the Organization qualifies for the charitable contribution deduction under Section 170(b)(1)(A) and has been classified as an organization other than a private foundation under Section 509(a)(2). SchD_P11_S00_L08 Schedule D, Part XI, Line 8 Change in value of interest rate swap contracts. SchD_P12_S00_L02d Schedule D, Part XII, Line 2d Rental Expeneses included on Part VII Line 6b. SchD_P13_S00_L02d Schedule D, Part XIII, Line 2d Rental Expenses included on Park VII Line 6b. SchD_P13_S00_L04b Schedule D, Part XIII, Line 4b Rounding. Industrial Developmnet Authority of the City of Harrisonburg Virginia 542000436 415675A20 2006-10-24 Refunding of prior bond issue 0 0 0 0 0 32435000 0 0 0 915168 0 0 0 0 0 1999 1 1 1 1 0 0 0 0 1 0 0 0 1 0 1 1 Sovereign Bank 0.065 0 0 0 0 0 F990_P06_S0A_L03 Form 990, Part VI, Section A, Line 3 The organization delegates management to the related organization Virginia Mennonite Retirement Community, Inc. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a Form 990 was supplied to all board members prior to filing and the Virginia Mennonite Retirement Community Board Finance Committe as a group reviewed the 990. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Board members must sign an anual conflict of interest disclosure. Board orientation includes education concenrning the Conflict of Interest policy. Management and staff receive education at new employee orientation and during annual education day, which includes the Corporate Compliance and Ethics program. This program includes the policy on Conflict of Interest. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Survey data is reviewed annually from the compensation study of similar not-for-profit CCRCs in the Leading Age, along with a survey of the local not-for-profit competitors. CEO compensation is determined by the Board and Finance Committee. Other employee compensation is determined by the organization's management team. F990_P06_S0C_L17 Form 990, Part VI, Section C, Line 17 None. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Governing documents: Available onsite and in bond documents. Conflict of Interest Policy: Available onsite. Financial statements: Available on Ziegler Research website and in VRMC's published annual report onsite. F990_P11_S00_L05 Form 990, Part XI, Line 5 Change in value of swap interest rate contracts. Virginia Mennonite Retirement Community Inc 1501 Virginia Ave Harrisonburg VA 22802 510249314 Retirement Community Management Services VA 501(c)(3) 11b N/A Heritage Haven Inc 1501 Virginia Ave Harrisonburg VA 22802 510228675 HUD Subsidized Housing for Seniors VA 501(c)(3) 9 N/A VMRC Foundation Inc 1501 Virginia Ave Harrisonburg VA 22802 510249313 Fundraising Support for Related 501(c)(3) Organizations VA 501(c)(3) 7 N/A Virginia Mennonite Home Inc 1501 Virginia Ave Harrisonburg VA 22802 540590902 Nursing Home and Assisted Living Care VA 501(c)(3) 9 N/A 0 0 0 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0