2011-11-09T18:00:26-06:00 2011-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2010-07-01 364335178 WASHINGTON AND JANE SMITH HOME WASH 7734747300 2320 West 113th Place Chicago IL 60643 RAY MARNERIS 2011-11-09 true 3128997000 2010 2016-03-07 17:11:31Z SMITH SENIOR LIVING MICHAEL A FLYNN 2320 West 113th Place Chicago IL 60643 9552917 false X WWW.SMITHSENIORLIVING.ORG X 1999 IL THE MISSION OF SMITH SENIOR LIVING IS TO ENRICH THE LIVES OF SENIOR ADULTS THROUGH THE HIGHEST QUALITY OF SERVICES. 12 12 59 25 0 0 21192 0 3589766 4002668 1103152 1459373 30000 0 4744110 5462041 418398 463548 0 0 3027989 3427365 0 0 32671 736667 744113 4183054 4635026 561056 827015 38425868 43007742 4066064 5074314 34359804 37933428 THE MISSION OF SMITH SENIOR LIVING IS TO ENRICH THE LIVES OF SENIOR ADULTS THROUGH THE HIGHEST QUALITY OF SERVICES. THE ORGANIZATION'S CHARITABLE PURPOSE IS TO PROVIDE MANAGEMENT, PLANNING, FINANCIAL AND ADMINISTRATIVE SERVICES EXCLUSIVELY TO ITS RELATED CCRC ORGANIZATIONAL AFFILIATES. false 2249463 2428710 SMITH SENIOR LIVING PROVIDES MANAGEMENT, PLANNING, FINANCIAL AND ADMINISTRATIVE SERVICES EXCLUSIVELY TO ITS RELATED CONTINUING CARE RETIREMENT COMMUNITY ORGANIZATIONAL AFFILIATES. 1575758 1573958 SMITH SENIOR LIVING IS THE SOLE MEMBER OF SMITH CARES, LLC, A STAFFING HOLDING COMPANY. SMITH CARES PROVIDES PROFESSIONAL STAFF TO THE AFFILIATED COMPANIES OF SMITH CROSSING AND SMITH VILLAGE WHEN THE INDIVIDUALS ARE SHARED BETWEEN THE TWO AFFILIATE ORGANIZATIONS. 463548 463548 MONIES PROVIDED BY DONATION TO THE ORGANIZATION ARE A SHARING OF EARNINGS ON THE ORIGINAL ENDOWMENT CREATED BY EMILIE SMITH. THE BOARD HAS DESIGNATED THAT 4% OF THE VALUE OF THE ENDOWMENT BE CONTRIBUTED EACH YEAR TO SMITH VILLAGE FOR USE IN ITS OPERATIONS. 4288769 true false false false false false false false true true false false true true true false true false false false false false false false false false true false true false false false false false false true false false false false false true true true true false false true 12 0 true 59 true false false false false false false false false false false false X 12 12 true false false false false false false true true false true true true true true true true true true false false IL X Ray Marneris 7734747350 2320 WEST 113TH PLACE CHICAGO IL 60643 X ANDREW ANELLO 2 X 0 0 0 KAY THURN 1 X 0 0 0 ROBERT BERGHOFF 3 X X 0 0 0 KARYN PETTIGREW 1 X 0 0 0 STEVEN MURPHY 1 X 0 0 0 WILLIAM HUNDING 2 X 0 0 0 EUGENE DELVES 1 X 0 0 0 THOMAS CHOMICZ 2 X 0 0 0 CRAIG HANENBURG 38 X 110591 0 12999 DEBORAH HART 38 X 133792 0 27848 MICHAEL A FLYNN 38 X 181853 0 28422 GEORGE E PETRAITIS 2 X X 0 0 0 ALLEN FLAGLER 1 X 0 0 0 HUGH AHERN 1 X 0 0 0 THOMAS HOGAN 1 X 0 0 0 RICHARD MARNERIS 1 X 0 0 0 MICHAEL LEATHERMAN 2 X X 0 0 0 SALVATORE FIORELLA 1 X 0 0 0 ROSALIND HONEYCUTT 1 X 0 0 0 JOSEPH STRUBBE 1 X 0 0 0 RAYMOND J MARNERIS 38 X 0 0 0 426236 0 69269 3 false true false HUB INTERNATIONAL MIDWEST 15174 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 INSURANCE BROKER 272784 SHEILA KING PO BOX 10425 CHICAGO IL 60610 PUBLIC RELATIONS SERVICES 140506 CROWE HORWATH LLP PO BOX 145415 CINCINNATI OH 45250 AUDITORS 107927 3 0 MANAGEMENT FEE 2428518 2428518 AGENCY FEE 1573958 1573958 MISCELLANEOUS SUPPORT SERVICES 192 192 0 0 0 0 4002668 1428488 1428488 0 0 0 0 0 4121761 4090876 30885 0 30885 30885 0 0 0 0 0 0 0 0 5462041 4002668 0 1459373 463548 463548 0 0 0 426236 426236 24338 24338 2460532 2460532 88019 88019 219289 219289 208951 208951 0 17457 17457 109599 109599 0 0 43401 43401 101590 83103 18487 72662 39991 32671 85905 69758 16147 92045 92045 0 73972 73972 0 0 6404 6404 0 0 105362 105362 35421 7918 27503 FEES 295 295 0 0 0 0 4635026 4288769 313586 32671 0 653142 139060 352366 481215 3196297 6527727 146268 170300 956666 436917 570016 519749 27255125 29173282 0 1110271 1410229 5142383 4586180 38425868 43007742 596821 451443 3469243 3072938 1549933 4066064 5074314 X 24085076 26029629 9408061 11037132 866667 866667 34359804 37933428 38425868 43007742 X 827015 2746609 X false true true X false X X X false false false WJS - SMITH CROSSING 364333423 9 true true true 0 WJS - SMITH VILLAGE 362167948 9 true true true 463548 2 463548 0 0 0 10274728 2092619 463548 11903799 9837732 0 870994 418398 0 15600 10274728 10661483 0 -418068 405683 0 0 9837732 0.00000 0.07000 0.93000 false false 0 0 462924 138877 324047 493742 298040 195702 0 519749 DEPOSITS 807697 DUE FROM AFFILIATES 3778483 4586180 0 DUE TO AFFILIATES 1549933 1549933 5466178 4635026 831152 2742472 0 2742472 3573624 8208650 2742472 0 2742472 5466178 0 0 5466178 4635026 0 0 4635026 0 0 4635026 Intended uses of endowment funds Schedule D, Part V, Line 4 THE ORGANIZATION DISBURSES FUNDS AS NEEDED WITHIN THE GUIDELINES OF THE ENDOWMENT FUND. THE EARNINGS ON THE ASSETS IN THE ENDOWMENT FUND HAVE BEEN DESIGNATED TO SUPPORT THE OPERATING ACTIVITIES OF SMITH VILLAGE, A RELATED TAX-EXEMPT ORGANIZATION. FIN 48 (ASC 740) footnote Schedule D, Part X, Line 2 THE ORGANIZATION ADOPTED U.S. GAAP WITH RESPECT TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES AS OF JULY 1, 2009. 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. THE ADOPTION HAD NO EFFECT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. true WASHINGTON AND JANE SMITH COMMUNITY-BEVERLY 2320 WEST 113TH PLACE CHICAGO IL 60643 362167948 501(C)(3) 463548 0 N/A N/A SUPPORT OF CHARITABLE PURPOSE 1 0 Procedures for monitoring use of grant funds Schedule I, Part I, Line 2 THE GRANTED FUNDS ARE NOT RESTRICTED AS TO USE AND ARE FOR GENERAL OPERATIONS. THE GRANT WAS MADE TO A RELATED TAX-EXEMPT ORGANIZATION AND MANAGEMENT ENSURES THE FUNDS ARE USED TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. X X X X false false false false false false false false false DEBORAH HART 121226 0 0 0 12566 0 5525 0 22323 0 161640 0 0 0 MICHAEL A FLYNN 166632 0 0 0 15221 0 7427 0 20995 0 210275 0 0 0 WILLIAM D HART HUSBAND OF FORMER CFO 24338 SOFTWARE DEVELOPMENT SERVICES Review of form 990 by governing body Form 990, Part VI, Section B, Line 11b THE ORGANIZATION'S INTERNAL MANAGEMENT REVIEWS THE RETURN WITH ITS PAID TAX PREPARER. AFTER REVIEW, COPIES OF THE FULL FORM 990 ARE PRESENTED TO ALL TRUSTEES VIA EMAIL PRIOR TO FILING THE RETURN WITH THE IRS. FULL REVIEW OF THE RETURN IS DELEGATED TO THE FINANCE COMMITTEE. Conflict of interest policy Form 990, Part VI, Section B, Line 12c ANNUALLY, ALL TRUSTEES AND KEY PERSONNEL ARE REQUIRED TO COMPLETE A DISCLOSURE FOR CONFLICTS OF INTEREST. THE DISCLOSURES ARE REVIEWED BY THE CFO WHO DETERMINES IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS THE TRUSTEE IS REQUIRED TO RECUSE THEMSELVES FROM ANY VOTING, DELIBERATION, OR DECISION ON THE TRANSACTION AT THE BOARD LEVEL. FURTHERMORE, ALL VENDOR PAYMENT ACTIVITY IS REVIEWED BY THE CFO FOR VENDORS THAT MAY BE RELATED TO THE FILING ORGANIZATION. Process used to establish compensation of top management official Form 990, Part VI, Section B, Line 15a THE CHAIRMAN OF THE BOARD EVALUATES AND ESTABLISHES COMPENSATION AND REVIEWS PROTOCOL FOR THE ORGANIZATION'S CEO AND CFO. ANNUAL COMPENSATION COMPARISONS TO INDUSTRY PROFESSIONALS ARE GATHERED AND REVIEWED ON A SEMI-ANNUAL BASIS. THE LAST COMPENSATION REVIEW WAS COMPLETED IN 2010. DUE TO GENERAL ECONOMIC ISSUES, COMPENSATION ADJUSTMENTS WERE FOREGONE IN FISCAL YEAR 2011 FOR THE CEO. Public Disclosure Form 990, Part VI, Section C, Line 19 FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, 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. COMPENSATION OF OTHER OFFICER'S AND KEY EMPLOYEES FORM 990, PART VI, SECTION B, LINE 15B THE CEO OF THE ORGANIZATION DETERMINES THE ANNUAL COMPENSATION OF ALL OTHER OFFICERS, WITH THE EXCEPTION OF THE CFO, BY COMPARING THE COMPENSATION OF EACH OFFICER AND KEY EMPLOYEE TO PROFESSIONALS PERFORMING SIMILAR SERVICES IN SIMILAR INDUSTRIES ON AN ANNUAL BASIS. THE CHAIRMAN OF THE BOARD EVALUATES AND ESTABLISHES COMPENSATION AND REVIEWS PROTOCOL FOR THE ORGANIZATION'S CFO. ANNUAL COMPENSATION COMPARISONS TO INDUSTRY PROFESSIONALS ARE GATHERED AND REVIEWED ON A SEMI-ANNUAL BASIS. THE LAST COMPENSATION REVIEW WAS COMPLETED IN 2010. FAMILY/BUSINESS RELATIONSHIPS AMONGST INTERESTED PERSONS FORM 990, PART VI, SECTION A, LINE 2 RICHARD MARNERIS, TRUSTEE, IS THE BROTHER OF RAYMOND J MARNERIS, CFO. RICHARD MARNERIS WAS TRUSTEE THROUGH AUGUST OF 2010. RAYMOND J MARNERIS BECAME CFO IN APRIL OF 2011. THEREFORE, RICHARD WAS NOT ON THE BOARD OF DIRECTORS WHEN RAYMOND WAS THE CFO. THEY ARE BOTH LISTED AS INTERESTED PERSONS BECAUSE THEY EACH SERVED IN THEIR RESPECTIVE POSITIONS FOR PART OF THE YEAR ENDING JUNE 30, 2011. COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, ETC. FORM 990, PART VII, SECTION A, LINE 1(A), COLUMN (B) THE CEO, CFO, AND CIO REPORTED ON PART VII DEVOTE APPROXIMATELY 2 HOURS A WEEK TO SMITH VILLAGE AND SMITH CROSSING, BOTH OF WHICH ARE RELATED TAX-EXEMPT ORGANIZATIONS. THE FOLLOWING TRUSTEES EACH DEVOTE APPROXIMATELY 1-2 HOURS A WEEK TO SMITH VILLAGE, A RELATED TAX-EXEMPT ORGANIZATION: THOMAS CHOMICZ EUGENE DELVES ALLEN FLAGLER WILLIAM HUNDING MICHAEL LEATHERMAN (PARTIAL YEAR) RICHARD MARNERIS (PARTIAL YEAR) STEVEN MURPHY GEORGE PETRAITIS KARYN PETTIGREW THE FOLLOWING TRUSTEES EACH DEVOTE APPROXIMATELY 1-2 HOURS A WEEK TO SMITH CROSSING, A RELATED TAX-EXEMPT ORGANIZATION: ANDREW ANELLO THOMAS CHOMICZ ROSALIND HONEYCUTT (PARTIAL YEAR) MICHAEL LEATHERMAN (PARTIAL YEAR) GEORGE PETRAITIS JOSEPH STRUBBE (PARTIAL YEAR) KAY THURN Other changes in net assets or fund balances Form 990, Part XI, Line 5 NET UNREALIZED GAINS (LOSSES) ON INVESTMENTS - 2746609; SMITH CARES LLC 2320 WEST 113TH PLACE CHICAGO IL 60643 262018889 STAFFING IL -1801 105016 NA WJS - SMITH VILLAGE 2320 WEST 113TH PLACE CHICAGO IL 60643 362167948 CCRC IL 501(C)(3) 9 NA WJS - SMITH CROSSING 10501 EMILIE LANE ORLAND PARK IL 60467 364333423 CCRC IL 501(C)(3) 9 NA false true false true false false false false false true true false false false false false false false WASHINGTON AND JANE SMITH COMMUNITY - BEVERLY B 463548 COST WASHINGTON AND JANE SMITH COMMUNITY - BEVERLY D 2004303 COST WASHINGTON AND JANE SMITH COMMUNITY - ORLAND PARK D 3000000 COST WASHINGTON AND JANE SMITH COMMUNITY - BEVERLY D 1523424 COST WASHINGTON AND JANE SMITH COMMUNITY - BEVERLY K 2502724 COST WASHINGTON AND JANE SMITH COMMUNITY - ORLAND PARK K 1499752 COST