2011-05-15T14:35:10-07:00 2010-06-30 990 2009-07-01 386141735 PORTER HILLS PRESBYTERIAN VILLAGE PORT 6169541799 4450 Cascade Road Grand Rapids MI 49564 Craig Vandenbos 6169541799 2011-05-15 2009 2016-02-24 21:20:13Z Reed Vanderslik 4450 Cascade Road Grand Rapids MI 49564 26665489 0 X www.porterhills.org X 1970 MI Assisted Living, Nursing Care, Independent living for Elderly 13 13 482 261 0 0 1291152 1421823 15073909 16012332 -1129465 199556 8667610 8980152 23903206 26613863 201280 780230 0 0 10577600 10855085 0 0 0 16729666 16504647 27508546 28139962 -3605340 -1526099 86674252 83537519 101910108 102294114 -15235856 -18756595 To provide a continuum of high quality communities and services for older adults in accordance with Christian values. 0 0 21721698 0 24992484 Assisted living, Nursing Care, Independent Living for the Elderly. Total days of care in 2009-10 was 151,086. 0 0 0 21721698 1 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 18 0 1 482 1 0 1 CJ 0 0 0 13 13 0 0 0 0 1 1 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 MI X X Craig Vandenbos 6169541799 4450 Cascade Road Grand Rapids MI 49564 Robert Daverman 1 X 0 0 0 Daniel Terpsma 1 X 0 0 0 Milton Rohwer 1 X 0 0 0 Cindy Harvard 1 X 0 0 0 Bruce Barnhart 1 X 0 0 0 Sharon Buursma 1 X 0 0 0 Martha Blandford 1 X 0 0 0 James Moyer 1 X 0 0 0 Jane Toot 1 X 0 0 0 Mark Yost 1 X 0 0 0 Joseph Stojak 1 X 0 0 0 Jon Pike 1 X 0 0 0 Richard Rathburn 1 X 0 0 0 Larry Yachcik 50 X X 257165 0 7269 Reed Vanderslik 50 X 116977 0 12742 Mark Mcculloch 50 X 91941 0 10306 Carol Helsel 50 X 103831 0 11615 Ingrid Weaver 50 X 120503 0 13230 690417 0 55162 5 0 1 0 Creative Dining Services One Royal Park Drive Zeeland MI 49464 Food Service 1134345 Mary Free Bed 235 Wealthy Street Grand Rapids MI 49503 Therapy Services 1001147 The Apothecary Shoppe PO Box 1727 Midland MI 48641 Pharmacy 466896 Procare 675 Clyde Ct Byron Center MI 49315 Lawn Care Service 301890 Elzinga Volkers 86 East Sixth Street Holland MI 49423 Construction Company 256254 7 0 0 0 1421823 0 0 0 1421823 Net program service revenue 623990 16012332 16012332 0 0 0 0 0 0 16012332 251182 0 0 251182 0 0 0 0 0 0 0 0 0 0 0 0 0 51626 0 -51626 -51626 0 0 -51626 0 Life Lease Income 623990 2127193 2127193 0 0 Maintenance Fees 623990 1928934 1928934 0 0 Miscellaneous 900099 4924025 4924025 0 0 0 0 0 0 8980152 26613863 24992484 0 199556 780230 780230 745579 745579 8281749 6832244 1449505 0 0 1190384 900058 290326 637373 498426 138947 160256 160256 92500 83928 8572 3517666 3288068 229598 367675 367675 128730 52222 76508 2643666 2406903 236763 56293 13990 42303 2680 2680 2018812 2014836 3976 3312261 3312261 246171 205809 40362 Supplies 1459450 1330043 129407 0 Misc expenses 15697 0 15697 0 Start up costs 379867 0 379867 0 Asset Impairment 87033 0 87033 0 Corporate Overhead 2015890 0 2015890 0 28139962 21721698 6418264 0 91732 1945663 1833808 853957 722132 81868 76431 49352 64533 109631991 43451849 67235454 66180142 656852 11218318 15851106 3350423 86674252 83537519 2523218 2969907 81448488 79675641 17938402 19648566 101910108 102294114 X -15235856 -18756595 0 0 0 0 -15235856 -18756595 86674252 83537519 X 0 0 0 X 0 0 0 1089872 641593 1731465 21973135 22139580 24784245 23746234 24992484 117635678 21973135 22139580 24784245 24836106 25634077 119367143 119367143 6232283 988796 409465 289473 899475 8819492 6232283 988796 409465 289473 899475 8819492 28205418 23128376 25193710 25125579 26533552 128186635 0.93120 0.9344 0.06880 0.0656 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1146 1146 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 The organization is a member of Aging Services of Michigan. 7.3% of the dues paid are used for Lobbying. 536114 0 536114 91292629 0 30109642 61182987 0 0 0 0 14709608 0 13151170 1558438 3093640 0 191037 2902603 66180142 0 11218318 F 11218318 Deferred Finance Costs 2006345 Notes receivable 1328914 Interest in affilated entity 15164 3350423 0 Life Lease Obligations 11647010 Interest Rate Swap 5271806 Due to affiliates 2646600 Bank Overdrafts 83150 19648566 SchD_P10_S00_L00 Schedule D, Part X Adjustments Unrealized Gains 699,919 Change in Swap -2,052,871 Minority Interest -641,688 0 Meadowlark Retirement 4450 Cascade Road Grand Rapids MI 49564 383373281 501 C 3 87000 0 Capital expenditures Gerontology Network 516 Cherry Street Grand Radpids MI 49503 382774701 501 C 3 693230 0 To pay off debt for the organization. 2 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 The board of directors reviews the transfer of funds to related organizations. X X 0 0 0 0 0 0 0 1 0 Larry Yachcik 211415 0 30750 0 15000 0 0 0 7269 0 264434 0 246564 0 SchJ_P01_S00_L07 Schedule J, Part I, Line 7 There is a part of the compensation that has a variable piece to it, which is based on overall organizational goals. Grand Rapids Charter Township 386005448 386211BA3 2003-07-01 35565000 Financing Cost of Advande Refunding 0 0 49565000 3473767 0 0 0 0 0 2005 1 1 1 1 0 0 0 1 0 0 0 0 1 0 1 1 Wachovia 35 0 0 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 The organization has one member who owns 100% of stock issued. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a The stockholder ogranization is entitled to one vote on the Board of Directors. Each year before the annual meeting of the stockholders, the Board of Directors shall propose to the stockholder a slate of nominees to be elected to the Board. Directors shall be elected by the stockholder at its annual meeting. F990_P06_S0B_L11 Form 990, Part VI, Section B, Line 11 The 990 form is prepared by the Controller, reviewed by the CFO and filed after the review is done. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c Officers, Directors, Trustees and key employees are required to annually disclose whether or not they have any interest that may result in a conflict. The form which they sign requires them to promptly report any possible existence of a conflict of interest for themselves or anyone else subject the the policy. If a possible conflict was reported on the annual form or if notice was given after the annual disclosure, the information disclosed would be evaluated and if necessary, compliance would be enforced. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 For this year an outside company was hired to look at the compensation for all executives, comparing the total compensation package to other like organizations. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Documents are stored in the facilities library and are also availiable upon request. Porter Hills Foundation 4450 Cascade Road Grand Rapids MI 49564 383243846 Supporting Organization MI 501 C 11A Porter Hills Presbyterian Village Meadowlark Retirement Home 4450 Cascade Road Grand Rapids MI 49564 383373281 Retirement Home MI 501 C 3 7 N/A Porter Hills Home Care 4450 Cascade Road Grand Rapids MI 49564 383384372 Home Care MI 501 C 3 9 N/A Gerontology Network 516 Cherry SE Grand Rapids MI 49503 382774701 Health Services MI 501 C 3 7 Porter Hills Presbyterian Village Walker Meadow Retirement 1101 Wilson Ave Grand Radids MI 49534 383283760 Retirement Home MI 501 C 3 7 N/A Oak Ridge Retirement 3781 Giddings Grand Rapids MI 49508 383382610 Retirement Home MI 501 C 3 7 N/A Harvest Way Retirement 100 Ida Red Sparta MI 49345 383445251 Retirement Home MI 501 C 3 7 N/A River Grove Retirement 5761 Jupiter Ave Belmont MI 49306 383519530 Retirement Home MI 501 C 3 7 N/A Baileys Retirement 5252 Baileys Center Kentwood MI 49512 383643825 Retirement Home MI 501 C 3 7 N/A Station Creek 10010 Crossroad Court Caledonia MI 49316 200771871 Retirement Home MI 501 c 3 7 N/A Life Circles 560 Seminole Road Muskegon MI 49444 260170498 PACE program MI 501 C 3 9 N/A 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Porter Hills Foundation c 1454430 Gerontology Network b 693230 Meadowlark Retirement Home b 87000 Porter Hills Home Care a-iv 70800 The corporations filed the appropriate forms to receive the extension of time.