2011-05-13T10:02:13-05:00 2010-06-30 CROWE HORWATH LLP 70 West Madison Street Suite 700 Chicago IL 606024903 990 2009-07-01 350870110 HAVEN HUBBARD HOMES INC HAVE 5746542200 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 DALE SHENK 2011-05-12 true 3128997000 2009 2016-02-24 21:20:13Z HAMILTON GROVE DAVID THOMPSON 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 9252866 false X WWW.HAMILTONCOMM.ORG X 1920 IN HAMILTON GROVE PROVIDES ACTIVE, AFFORDABLE RETIREMENT LIVING WITH SUPPORTIVE SERVICES, ASSISTED LIVING, AND SKILLED NURSING CARE. CHARITY CARE FOR FYE JUNE 30, 2010 AMOUNTED TO $2,188,328. 9 9 190 15 0 0 18781 39883 8876775 9024075 10152 3592 191771 166999 9097479 9234549 0 0 0 0 3980107 4062908 0 0 0 4789242 4542184 8769349 8605092 328130 629457 16886967 17337022 17043137 17431765 -156170 -94743 THE MISSION OF HAVEN HUBBARD HOMES, INC. D/B/A HAMILTON GROVE IS TO PROVIDE ACTIVE, AFFORDABLE RETIREMENT LIVING IN HOMES WITH SUPPORTIVE SERVICES, ASSISTED LIVING, AND SKILLED NURSING CARE. (CONTINUED IN SCHEDULE O) false false 6605954 0 9024075 HAVEN HUBBARD HOMES, INC. D/B/A HAMILTON GROVE (HG) IS A NON-PROFIT COMMUNITY BENEFIT CORPORATION THAT PROVIDES CONTINUING CARE RETIREMENT COMMUNITY (CCRC) SERVICES TO 163 RESIDENTS ON A 250-ACRE CAMPUS. HG IS AFFILIATED WITH A HUD HOUSING ORGANIZATION ON ITS CAMPUS THAT IS INTEGRATED INTO HG'S SERVICES. THIS ORGANIZATION SERVES 97 RESIDENTS. HAMILTON GROVE PROVIDES CCRC SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, AND SKILLED NURSING CARE. THE ORGANIZATION ALSO PROVIDES MANAGEMENT SERVICES TO CHICAGO TRAIL VILLAGE, A RELATED TAX-EXEMPT ORGANIZATION THAT PROVIDES AFFORDABLE HUD HOUSING, PROGRAMS, AND SERVICES FOR OLDER ADULTS. INDEPENDENT LIVING RESIDENTS PAY A LIFE-LEASE ENTRY FEE TO OCCUPY THE RESIDENCE AND PAY A MONTHLY SERVICE FEE FOR SERVICES RENDERED. ASSISTED LIVING AND SKILLED NURSING RESIDENTS PAY A MONTHLY OR DAILY FEE FOR SERVICES RENDERED. ADDITIONALLY, THEY HAVE SOME A LA CARTE FEES FOR INCIDENTALS AND SUPPLIES. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS MAY BE ELIGIBLE FOR SUPPORT FROM HAMILTON GROVE IF THEIR ASSETS RUN OUT. OVER 23% OF TOTAL REVENUES WERE USED TO PROVIDE COMMUNITY BENEFITS, WHICH INCLUDES THE FOLLOWING AMOUNTS: INDIGENT CARE/CHARITY CARE - $1,257,608 MEDICARE WRITE-OFFS - $640,020 AFFORDABLE HOUSING SAVINGS - $290,700 6605954 true true false false false false true false true true false true false false false 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 true false false true 15 0 true 190 true false false false false false false false false false 9 9 true true false false true true true true true false false true true true true true true true true false IN X DAVID THOMPSON 5746542200 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 KAREN WEAVER 1 X X 0 0 0 CHRIS GRAFF 1 X X 0 0 0 WILLIAM WELSHEIMER SR 1 X 0 0 0 HARLAN LUSK 1 X 0 0 0 R CREWS PERKEY 1 X 0 0 0 BURL TROYER 1 X 0 0 0 RHONDA BROWN NOLAN 1 X 0 0 0 MICHAEL HOLLCRAFT 1 X 0 0 0 DR PHILIP BENDER 1 X 0 0 0 CAROLYN HIGGINS 1 X 0 0 0 WILLIAM WELSHEIMER JR 1 X 0 0 0 VICKIE VAN NEVEL 1 X 0 0 0 TOM HALL 1 X 0 0 0 MARY HUBBARD 1 X 0 0 0 SHERMAN W HANSEN 1 X 0 0 0 DALE SHENK 1 X 0 94037 27948 JAN SEBASTY 40 X 32197 0 9786 DAVID THOMPSON 40 X 0 101508 21801 32197 195545 59535 0 false false false GREENCROFT RETIREMENT COMMUNITIES PO BOX 819 GOSHEN IN 46527 MANAGEMENT & CORPORATE SERVICES 647995 ADVANCE CUSTODIAL 505 E MAPLE AVENUE LAPORTE IN 46350 CUSTODIAL SERVICES 200013 2 0 0 0 39883 0 0 0 39883 NURSING SERVICES 6454206 6454206 0 0 RESIDENT SERVICES 2526599 2526599 0 0 MANAGEMENT FEES FROM RELATED ORGANIZATION 43270 43270 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9024075 3092 0 0 3092 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18817 0 18317 0 500 500 0 0 500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAUNDRY/PHONE/CABLE/INTERNET/OTHER SERVICE FEES 71895 0 0 71895 CAFETERIA/MEALS 21091 0 0 21091 TRANSPORTATION 17518 0 0 17518 56495 0 0 56495 166999 9234549 9024075 0 170591 0 0 0 0 0 0 0 0 41983 0 41983 0 0 0 0 0 3294255 2868246 426009 0 122880 107563 15317 0 350966 309451 41515 0 252824 217998 34826 0 531995 0 531995 0 20854 5110 15744 0 67497 0 67497 0 0 0 0 0 0 0 21593 0 21593 0 1032983 844993 187990 0 63875 0 63875 0 912246 731745 180501 0 0 0 0 0 0 0 0 0 374181 266417 107764 0 8157 2536 5621 0 0 0 0 0 0 0 0 0 815473 815473 0 0 0 0 0 0 531275 404832 126443 0 89166 0 89166 0 BAD DEBT EXPENSE 23127 23127 0 0 MISCELLANEOUS 25219 5229 19990 0 DUES, LICENSES, & SUBSCRIPTIONS 17166 0 17166 0 EDUCATION & PROFESSIONAL DEVELOPMENT 7377 3234 4143 0 0 0 0 0 0 0 0 0 8605092 6605954 1999138 0 0 0 0 0 650 650 1814242 2194365 0 0 845742 789961 0 0 0 0 0 0 0 0 32144 34962 19380479 6333814 13111474 13046665 0 0 443207 508051 100 2596 0 0 639408 759772 16886967 17337022 474107 479540 0 0 43878 77754 12855000 12665000 0 0 0 0 2100000 2065000 0 0 1570152 2144471 17043137 17431765 X -599377 -602794 1323 65972 441884 442079 0 0 0 0 0 0 -156170 -94743 16886967 17337022 X false true true X false X 0 0 0 337875 18781 39883 396539 8255644 4348116 8844075 8876775 9024075 39348685 0 0 149594 188691 112742 451027 0 0 0 0 0 0 0 0 0 0 0 0 8255644 4348116 9331544 9084247 9176700 40196251 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 40196251 61085 10358 10016 10152 3092 94703 0 0 0 0 0 0 61085 10358 10016 10152 3092 94703 0 0 0 0 0 0 159522 72995 -482 3380 54257 289672 8476251 4431469 9341078 9097779 9234049 40580626 0.99053 0.795 0.00233 0.0027 X SCHEDULE A, PART III - OTHER INCOME, FORM 990, SCHEDULE A, PART IV, OTHER REVENUE: 2005 - $159,522 2006 - $72,995 2007 - $-482 2008 - $3,380 2009 - $54,257, RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 93136 X X false 6102719 46035 378013 0 69762 0 6457005 7192255 286462 -1215232 0 160766 0 6102719 0.5675 0.4102 0.0223 false true true 0 47562 47562 0 16442737 4130444 12312293 0 613607 553378 60229 0 2047929 1649992 397937 0 228644 0 228644 13046665 0 RESIDENT SECURITY DEPOSITS 101665 LIFE LEASE NOTES PAYABLE 256101 DUE TO AFFILIATE - GREENCROFT RETIREMENT COMMUNITIES 81990 DERIVATIVE LIABILITY - INTEREST RATE SWAP AGREEMENT 1656559 ACCRUED INTEREST PAYABLE 48156 2144471 Collections of art - description of collections Schedule D, Part III, Line 4 THE ORGANIZATION'S COLLECTIONS OF ART CONSIST PRIMARILY OF DONATED WORKS OF ART THAT ARE ON DISPLAY IN PUBLIC SPACES, AS WELL AS IN PATIENT ROOMS. THESE WORKS OF ART ARE USED TO PROVIDE A WELCOMING ENVIRONMENT FOR HAMILTON GROVE PATIENTS, WHICH IS IN LINE WITH THE ORGANIZATION'S MISSION TO PROVIDE ACTIVE, AFFORDABLE RETIREMENT LIVING. 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. ENDOWMENT FUNDS ARE ALSO HELD BY HAMILTON FOUNDATION FOR THE BENEFIT OF HAMILTON GROVE. HAMILTON 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, HAMILTON GROVE IS NOT SUBJECT TO U.S. FEDERAL INCOME TAX OR STATE INCOME TAX. HAMILTON GROVE'S FORM 990 HAS NOT BEEN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE OR THE STATE OF INDIANA FOR THE LAST THREE YEARS. HAMILTON GROVE DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. HAMILTON GROVE RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. HAMILTON GROVE DID NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2010 AND 2009. INDIANA FINANCE AUTHORITY 351602316 455057MC0 2008-04-24 12935000 TO REFUND AND RETIRE OUTSTANDING BONDS AND TO FUND CAPITAL PROJECTS false false 12946611 0 11737905 0 369095 0 828000 2009 true false true true false false true false true 0.000 0.000 0.000 true false true true LASALLE BANK NATIONAL ASSOCIATION 10.0 false NA 0.0 false true Family/business relationships amongst interested persons Form 990, Part VI, Section A, Line 2 WILLIAM WELSHEIMER, SR. AND WILLIAM WELSHEIMER, JR. - FAMILY RELATIONSHIP; 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 VP OF 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 THE ORGANIZATION'S PRESIDENT IS PAID BY GREENCROFT RETIREMENT COMMUNITIES, INC. (GRC), A RELATED TAX-EXEMPT ORGANIZATION. HAMILTON GROVE'S (HG) 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. HG CONDUCTS PERIODIC REVIEWS OF THE MARKET TO DEVELOP AVERAGE WAGES FOR POSITIONS WITHIN HAMILTON GROVE HAMILTON GROVE 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 HAMILTON GROVE'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 HAMILTON GROVE (HG) BOARD REVIEWS THE COMPENSATION POLICIES. ANNUALLY THE GRC BOARD AND THE HG BOARD REVIEW THE COMPENSATION OF THE EXECUTIVE TEAM. 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 HG BOARD HAS REVIEWED THE BASE WAGE AND THE VARIABLE PAY FOR THE PRESIDENT OF HAMILTON GROVE. IN THE FISCAL YEAR 2010, THIS POSITION WAS AT THE 46TH PERCENTILE OF THE RANGE FOR THIS POSITION IN BASE COMPENSATION AND AT THE 60TH 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 SECRETARY IS PAID BY HAMILTON GROVE, AND IS DETERMINED USING THE SAME METHOD DESCRIBED IN THE NARRATIVE FOR PART VI, SECTION B, LINE 15A. 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. COMPENSATION OF OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES, AND HIGHEST COMPENSATED EMPLOYEES FORM 990, PART VII, SECTION A 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: GEENCROFT COMMUNITIES FOUNDATION, INC. GREENCROFT CENTRAL MANOR, INC. GREENCROFT MANOR II, INC. GREENCROFT MANOR III, INC. GREENCROFT MIDDLEBURY, INC. GREENCROFT GOSHEN, INC. GREENCROFT HOME HEALTH SERVICES, INC. SOUTHFIELD VILLAGE, INC. WALNUT HILLS RETIREMENT COMMUNITIES, INC. OAK GROVE CHRISTIAN RETIREMENT VILLAGE, INC. GREENCROFT MANAGEMENT, INC. DAVID THOMPSON, PRESIDENT, DEVOTES APPROXIMATELY ONE HOUR PER WEEK TO HAMILTON FOUNDATION, INC. AND APPROXIMATELY TWO HOURS PER WEEK TO GREENCROFT RETIREMENT COMMUNITIES, INC., RELATED TAX-EXEMPT ORGANIZATIONS. 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 OF 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 AND MEDICAID. GREENCROFT RETIREMENT COMMUNITIES INC PO BOX 819 GOSHEN IN 46527 300036587 MANAGEMENT IN 501(C)(3) 9 GREENCROFT RETIREMENT COMMUNITIES INC CHICAGO TRAIL VILLAGE INC 31891 CHICAGO TRAIL NEW CARLISLE IN 46552 310990629 HOUSING IN 501(C)(3) 9 HAVEN HUBBARD HOMES INC DBA HAMILTON GROVE GREENCROFT CENTRAL MANOR INC PO BOX 819 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 GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 HEALTHCARE 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 MANOR II INC PO BOX 819 GOSHEN IN 46527 351377430 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 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 false true true true false false false false false true true true true true true false false