2023-05-12T07:26:49-05:00 2022-12-31 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2022-01-01 237010671 SUNSET MANOR INC SUNS 6164572770 725 BALDWIN JENISON MI 49428 STEVE BOSSENBROEK CFO 6164572770 2023-05-10 1 STEVE BOSSENBROEK 999009999 0 SAMANTHA BECKER P01344887 2695674500 2023-05-10 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z SUNSET SENIOR COMMUNITIES WATERFORD PLACE STEVE BOSSENBROEK 725 BALDWIN JENISON MI 49428 36185830 0 X WWW.SUNSETCOMMUNITIES.ORG X 1968 MI PROVIDE QUALITY HOUSING AND SERVICES FOR SENIORS IN KENT AND OTTAWA COUNTIES THROUGH THE OPERATION OF SENIOR COMMUNITIES, A SKILLED NURSING FACILITY AND HOME HEALTH SERVICES. 12 11 1020 137 0 0 4055928 659512 15870800 25297258 14478754 1939168 0 0 34405482 27895938 0 0 0 0 9812861 12578432 0 0 0 15423011 17128765 25235872 29707197 9169610 -1811259 115496731 121405015 84808018 91397693 30688713 30007322 SUNSET SENIOR COMMUNITIES PROVIDES QUALITY SERVICES FOR SENIOR ADULTS IN THE GREATER GRAND RAPIDS METROPOLITAN AREA, IN A SPIRIT OF CHRISTIAN LOVE. 0 0 24163505 24984851 PROVIDE QUALITY ASSISTED LIVING AND INDEPENDENT LIVING HOUSING AND SERVICES INCLUDING TRANSPORTATION, SOCIAL SERVICES, MEALS AT HOME,TO 900+ SENIORS. 351786 208601 PROVIDE HOME HELP AND PRIVATE DUTY TO 67 SENIORS. 852069 103806 NET CORPORATE 25367360 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 47 0 1 1020 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 MI X STEVE BOSSENBROEK 6164572770 725 BALDWIN JENISON MI 49428 JIM ALBERS CHAIRMAN 1.00 0.00 X X 0 0 0 RICK WIERINGA CHAIRMAN - PARTIAL YEAR 1.00 0.00 X X 0 0 0 PAUL BAKKER VICE CHAIRMAN 1.00 0.00 X X 0 0 0 DAVID MIEDEMA SECRETARY 1.00 0.10 X X 201000 0 0 GRACE KREULEN DIRECTOR 1.00 0.00 X 0 0 0 JIM KROL DIRECTOR 1.00 0.00 X 0 0 0 DANIEL LAMORE DIRECTOR 1.00 0.00 X 0 0 0 CHRISTOPHER MATTHYSSE DIRECTOR 1.00 0.00 X 0 0 0 JOEL HOLSTEGE DIRECTOR 1.00 0.10 X 0 0 0 RAY RINGERWOLE DIRECTOR 1.00 0.00 X 0 0 0 CHERI SHIPPY DIRECTOR 1.00 0.10 X 0 0 0 LAURA SUTHERLAND DIRECTOR 1.00 0.00 X 0 0 0 DAVID ZONDERVAN DIRECTOR 1.00 0.00 X 0 0 0 ROGER VANDERHEIDE DIRECTOR - PARTIAL YEAR 1.00 0.00 X 0 0 0 CHRISTINA MATZKE PRESIDENT AND CEO 40.00 0.10 X 278694 0 34000 STEVEN BOSSENBROEK CFO AND TREASURER 40.00 0.10 X 236909 0 41392 MELISSA OHM VP HUMAN RESOURCES 40.00 0.00 X 155127 0 34009 SUE HAMM EXECUTIVE DIRECTOR 40.00 0.00 X 149231 0 31352 BEN LEAVELL EXECUTIVE DIRECTOR 40.00 0.00 X 131703 0 30086 JAMES STEENBERGEN EXECUTIVE DIRECTOR 40.00 0.00 X 103976 0 30245 RODNEY COTTS DIRECTOR OF FACILITIES 40.00 0.00 X 105533 0 11320 1362173 0 212404 7 0 1 0 WORKSIGHTED 275 HOOVER BLVD HOLLAND MI 49423 IT SUPPORT 671418 CREATIVE DINING 1 ROYAL PARK DR STE 3 ZEELAND MI 49464 FOOD SERVICE MANAGEMENT 284004 DVS 401 HALL ST GRAND RAPIDS MI 49503 MARKETING 219826 GREATAMERICA FINANCIAL SVS PO BOX 660831 DALLAS TX 75266 PRINTER/COPIER LEASING 155426 PLANTE MORAN 16060 COLLECTIONS CENTER CHICAGO IL 60693 AUDITOR 136300 5 659512 659512 RESIDENTIAL CARE 623000 21157462 21157462 ADVANCED FEE REVENUE 623000 2034788 2034788 OTHER RESIDENT SERVICES 623000 1624490 1624490 PROCESSING FEE REVENUE 623000 381000 381000 MEALS REVENUE 722210 99518 99518 25297258 816194 816194 9412866 8289892 1122974 1122974 1122974 27895938 25297258 0 1939168 591000 591000 9266402 8111862 1154540 274795 273710 1085 1394907 1069154 325753 1051328 889845 161483 36659 36659 203576 76776 126800 194474 194474 1447207 1173050 274157 620943 353761 267182 2652284 2475169 177115 1741753 1608932 132821 34211 23372 10839 27352 58 27294 2018875 1949286 69589 3623394 3485210 138184 517419 215052 302367 MEALS 2042629 2042629 EQUIPMENT RENTAL & MAIN 834618 781820 52798 SUPPLIES 509441 509441 PROVISION FOR BAD DEBT 136033 136033 487897 192200 295697 29707197 25367360 4339837 0 17922649 2109612 997102 871747 24081 37000 259329 161037 138847234 51514832 70854759 87332402 24452932 20675805 322100 322100 663779 9895312 115496731 121405015 5106882 4974882 4159716 4657466 50385290 55706014 25156130 26059331 84808018 91397693 X 30688713 30007322 30688713 30007322 115496731 121405015 X -1811259 -5187318 6317186 X X 0 1 X 1 0 X 448411 1185551 2460548 4055928 659512 8809950 28682353 32458870 32774980 15870800 25297258 135084261 29130764 33644421 35235528 19926728 25956770 143894211 0 0 0 143894211 2461470 667077 685096 807542 816194 5437379 2461470 667077 685096 807542 816194 5437379 31592234 34311498 35920624 20734270 26772964 149331590 0.96360 0.96570 0.03640 0.03430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5652920 5652920 95080952 29155408 65925544 15125116 7808621 7316495 22081451 14550803 7530648 906795 906795 87332402 INVESTMENT IN EMMANUEL HOSPICE 241277 DEFERRED COMPENSATION INVESTMENT 169077 RIGHT OF USE ASSETS 321267 PROVISION FOR INTEREST RATE SWAP 2128992 ALATU 6739952 INVESTMENT IN TANDEM365 294747 9895312 CHARITABLE GIFT ANNUITIES 15531 REFUNDABLE ENTRANCE FEES AND DEPOSITS 25722533 FINANCE LEASE LIABILITY 321267 26059331 X PART X, LINE 2: THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION, AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS) OR ANY STATE OR LOCAL TAX AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. X X X X X 0 0 0 0 0 0 0 0 0 CHRISTINA MATZKE PRESIDENT AND CEO 278694 0 0 0 0 0 10267 0 23733 0 312694 0 0 0 STEVEN BOSSENBROEK CFO AND TREASURER 236909 0 0 0 0 0 12216 0 29176 0 278301 0 0 0 DAVID MIEDEMA SECRETARY 201000 0 0 0 0 0 0 0 0 0 201000 0 0 0 MELISSA OHM VP HUMAN RESOURCES 155127 0 0 0 0 0 8034 0 25975 0 189136 0 0 0 SUE HAMM EXECUTIVE DIRECTOR 149231 0 0 0 0 0 7657 0 23695 0 180583 0 0 0 BEN LEAVELL EXECUTIVE DIRECTOR 131703 0 0 0 0 0 6075 0 24011 0 161789 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS HAS FORMED A COMPENSATION COMMITTEE AND ENGAGED WITH OUTSIDE COMPENSATION CONSULTANTS TO DETERMINE THE COMPENSATION OF THE CEO AND OTHER EXECUTIVE COMMITTEE MEMBERS. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2022. A THE ECONOMIC DEVELOPMENT CORP OF THE TWP OF GEORGETOWN 383565644 NONEAVAIL 2016-06-30 31768721 REFUND 2014 BONDS TO MORE FAVORABLE TERMS 0 1 0 B MICHIGAN STRATEGIC FUND BONDS 521417332 NONEAVAIL 2014-05-29 19275000 FUND THE COST OF WATERFORD PHASE II 0 1 0 C THE ECONOMIC DEVELOPMENT CORP OF THE TWP OF GEORGETOWN 383565644 NONEAVAIL 2021-05-12 41890000 REFUND A PORTION OF THE EDC OF THE TOWNSHIP OF GEORGETOWN SERIES 2014 BONDS 0 1 0 A 31768721 31768721 2016 1 0 1 1 B 390000 19275000 371194 18903806 2015 0 0 1 1 C 13567911 41890000 685604 28147485 1 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 1 0.01300 1 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 0 0 0 1 C 0 1 0 0 1 1 FIRST MIDWEST BANK 10.000000000000 0 0 0 0 1 A 0 B 0 C 0 FORM 990, PART I, ITEM C DBA: SUNSET SENIOR COMMUNITIES WATERFORD PLACE. DBA: SUNSET MANOR & VILLAGES SUNSET AT HOME. DBA: SUNSET RETIREMENT COMMUNITIES & SERVICES ROSE GARDEN. DBA: SUNSET ASSOCIATION WATERFORD GLENS. DBA: THE COVE AT WATERFORD CHRISTIAN HAVEN. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO ATTEND THE ANNUAL MEETING EACH YEAR AND VOTE ON A SLATE OF BOARD MEMBERS FOR THAT YEAR. THESE MEMBERS ARE ALL RESIDENTS AND DONORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ORGANIZATION ELECT BOARD MEMBERS TO THE GOVERNING BODY AT THE ANNUAL MEETING EACH YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICERS, AND DISTRIBUTED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES. AFTER THE DISCLOSURE, THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASON TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER FURTHER INVESTIGATION, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, IT WILL TAKE THE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ENFORCING AND MONITORING THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS FORMED A COMPENSATION COMMITTEE AND ENGAGED WITH OUTSIDE COMPENSATION CONSULTANTS TO DETERMINE THE COMPENSATION OF THE CEO AND OTHER EXECUTIVE COMMITTEE MEMBERS. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2022. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF SWAP AGREEMENT 6,317,186. SUNSET LEGACY FOUNDATION 725 BALDWIN STREET JENISON MI 49428 453567386 SUPPORTING ORGANIZATION MI 501(C)(3) LINE 12A, I SUNSET MANOR INC 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 SUNSET LEGACY FOUNDATION C 659512 ACTUAL SUNSET LEGACY FOUNDATION Q 235896 ACTUAL