2022-08-15T14:36:43-05:00 2021-09-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2020-10-01 382067110 LIFECARE INC LIFE 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 BETSY BALE EXECUTIVE DIRECTOR 2693810560 2022-08-15 1 BETSY BALE 999009999 AMY CIMINELLO P00796388 2695674500 2022-08-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z FRIENDSHIP VILLAGE BETSY BALE 1400 N DRAKE ROAD KALAMAZOO MI 49006 26342640 0 X WWW.FRIENDSHIPVILLAGEMI.COM X 1971 MI TO PROVIDE HOUSING, FOOD, NURSING CARE, AND OTHER RELATED SERVICES TO SENIOR CITIZENS. 15 15 549 15 0 0 1305607 788288 21710781 22828151 171937 366647 264639 196194 23452964 24179280 0 0 0 0 13542381 13277313 0 0 0 10993469 11689503 24535850 24966816 -1082886 -787536 57228184 60292330 57372521 58819535 -144337 1472795 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN. 0 0 21744079 22828151 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN.THE ORGANIZATION PROVIDES CARE TO RESIDENTS WHO MEET CETRAIN CRITERIA UNDRE ITS HARDSHIP DISCOUNT POLICY WITHOUT CHARGE OR AT AMOUNTS LESS THAN ITS ESTABLISHED RATES. THE ORGANIZATION ESTIMATES THAT IT PROVIDED APPROXIMATELY $399,613 OF CHARITABILITY TO INDIGENT RESIDENTS DURING 2021. 21744079 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 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 0 0 0 0 1 63 0 1 549 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MI X LINDA BAILEY 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 BETSY BALE EXECUTIVE DIRECTOR 40.00 X 152509 0 27673 KATHRYN HARMON ADMINISTRATOR 40.00 X 123768 0 18261 ANDREW MCLEOD PRESIDENT 2.00 X X 0 0 0 DIANA DUNCAN MARKETING DIRECTOR 40.00 X 100867 0 10828 TYLER GIBB 1ST VICE PRESIDENT 2.00 X X 0 0 0 EAN HAMILTON 2ND VICE PRESIDENT 2.00 X X 0 0 0 KATHY BREYFOGLE TREASURER 2.00 X X 0 0 0 ED WILSON SECRETARY 2.00 X X 0 0 0 TODD MCDONALD DIRECTOR 2.00 X 0 0 0 CHRIS HADDEN DIRECTOR 2.00 X 0 0 0 JACK ULLREY DIRECTOR 2.00 X 0 0 0 DERL OBERLIN DIRECTOR 2.00 X 0 0 0 BOB BROWN DIRECTOR 2.00 X 0 0 0 BJ PREDUM DIRECTOR 2.00 X 0 0 0 RICHARD KURTH DIRECTOR 2.00 X 0 0 0 VICKI MARTIN DIRECTOR 2.00 X 0 0 0 SIMONE SCHICKER DIRECTOR 2.00 X 0 0 0 TAMAYI BWITITI DIRECTOR 2.00 X 0 0 0 377144 0 56762 3 0 1 0 LIFE CARE COMPANIES LLC 400 LOCUST STREET STE 820 DES MOINES IA 50309 MANAGEMENT SERVICES 1174962 SELECT REHABILITATION INC PO BOX 71985 CHICAGO IL 60694 THERAPY SERVICES 620407 GENEMARKERS INC 126 E SOUTH STREET KALAMAZOO MI 49007 LAB TESTING 449315 SENTRICS 7320 YANKEE ROAD LIBERTY TOWNSHIP OH 45044 CABLE SYSTEMS 376107 PLANTE & MORAN PLLC 16060 COLLECTIONS CENTER DR CHICAGO IL 60693 ACCOUNTING/FINANCIAL 126100 5 788288 788288 APARTMENT & SVC FEES 623990 8096038 8096038 MEDICAL CENTER REV. 623990 7481551 7481551 ASSISTED LIVING 623990 4648240 4648240 DEF. REC-ADV/RF FEES 623000 2255021 2255021 RESIDENT MEALS 722210 228999 228999 118302 118302 22828151 171239 171239 2358768 2163360 195408 195408 195408 BEAUTY & BARBER 900099 59922 59922 LAUNDRY 900099 18329 18329 APARTMENT CUSTOM WORK 900099 9939 9939 108004 108004 196194 24179280 22828151 0 562841 207208 207208 10010884 9478902 531982 101067 86876 14191 2194308 1937840 256468 763846 698255 65591 933139 933139 10548 10548 82600 82600 61402 61402 912859 803689 109170 267202 267202 2086095 1982751 103344 798805 798805 2316312 2086785 229527 MEDICAL SUPPLIES 3069247 2573957 495290 EQUIPMENT REPAIR 485503 430609 54894 DUES AND LICENSES 118782 78231 40551 BAD DEBTS EXPENSE 96254 96254 450755 423923 26832 24966816 21744079 3222737 0 2518845 2252215 2150357 4411749 1235365 619167 314419 264653 279833 418274 77422895 35300480 41362196 42122415 9367169 10203857 57228184 60292330 2295166 1763714 12140299 12997712 15023443 22357307 5047582 0 22866031 21700802 57372521 58819535 X -9500324 -6581751 9355987 8054546 -144337 1472795 57228184 60292330 X -787536 2252372 152296 X X 0 1 X 1 0 X 574403 334809 268258 1305607 788288 3271365 18042645 19077673 21331212 21710781 22828151 102990462 18617048 19412482 21599470 23016388 23616439 106261827 0 474082 1292391 1766473 474082 1292391 1766473 104495354 174507 184007 214636 220677 171239 965066 174507 184007 214636 220677 171239 965066 256942 312236 265706 264639 196194 1295717 19048497 19908725 22079812 23501704 23983872 108522610 0.96290 0.97230 0.00890 0.00920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 803696 803696 67602159 29725942 37876217 2901762 1584944 1316818 3168894 1913145 1255749 2946384 2076449 869935 42122415 DEPOSITS 160380 REFUNDABLE FEES 21540422 21700802 26370250 2252372 2252372 24117878 61402 61402 24179280 24905414 0 24905414 61402 61402 24966816 0 0 0 0 0 0 0 0 0 BETSY BALE EXECUTIVE DIRECTOR 152509 0 0 0 0 0 8879 0 18794 0 180182 0 0 0 A ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF KALAMAZOO 386004627 NONEAVAIL 2010-12-17 10640000 REFUND BONDS - 6/11/97 & 6/8/06 0 0 0 B MICHIGAN STRATEGIC FUND 521417332 NONEAVAIL 2014-04-17 11650000 CONSTRUCT AND RENOVATE FACILITIES 0 0 0 C ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF KALAMAZOO 386004627 NONEAVAIL 2021-06-29 11965000 REFUND BONDS - 2010 0 0 0 D MICHIGAN STRATEGIC FUND 521417332 NONEAVAIL 2021-06-29 8685000 REFUND BONDS - 2014 0 0 0 A 10640000 10640000 202149 10437851 1998 1 0 1 1 B 11665312 11665312 60000 11605312 2016 0 0 1 1 C 11965000 371612 2872932 8720456 2021 1 0 1 1 D 8685000 269468 8415532 2021 1 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 1 1 1 1 FIFTH THIRD BANK 16.400000000000 0 0 0 0 0 B 0 0 0 1 1 0 0 0 0 C 0 1 0 0 0 0 0 0 0 D 0 1 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF KALAMAZOO DATE THE REBATE COMPUTATION WAS PERFORMED: 06/17/2011 ISSUER NAME: MICHIGAN STRATEGIC FUND DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2017 SCHEDULE K, PART II, LINE 3 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS SCHEDULE K, PART IV, ARBITRAGE, LINE 2C NOTE REGARDING REBATE COMPUTATION ON 6/17/2011; SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. NOTE REGARDING REBATE COMPUTATION ON 12/31/2017; SINCE THE BOND PROCEEDS HAVE BEEN SPENT AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. FORM 990, PART VI, SECTION A, LINE 3 A MANAGEMENT COMPANY IS CONTRACTED TO PROVIDE THE ORGANIZATION WITH INDIVIDUALS TO PERFORM MANAGEMENT DUTIES. THE MANAGEMENT COMPANY UTILIZES ITS OWN SYSTEMS, POLICIES AND PROCEDURES TO MANAGE THE OPERATIONS OF THE COMMUNITY. THEY REPORT TO THE BOARD OF DIRECTORS OF THE FILING ORGANIZATION WHO OVERSEE ALL DECISIONS MADE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE ACCOUNTING DIRECTOR. AMOUNTS ARE COMPARED TO THE INTERNALLY PREPARED FINANCIAL STATEMENTS AND THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A NEW CONFLICT OF INTEREST STATEMENT ANNUALLY. ALL FILES ARE KEPT UP-TO-DATE BY THE ADMINISTRATIVE ASSISTANT. ANY CONFLICTS ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. IF A CONFLICT DOES ARISE, IT DEPENDS ON THE SITUATION, BUT IN AN EXTREME SITUATION A MEMBER MAY NEED TO RESIGN FROM THE BOARD DEPENDING ON THE COMPLEXITY. OTHERWISE THEY WOULD ABSTAIN FROM VOTING AND LEAVE THE MEETING DURING DISCUSSIONS. FORM 990, PART VI, SECTION B, LINE 15 FRIENDSHIP VILLAGE DEFERS TO THE MANAGEMENT COMPANY'S PROCESS FOR DETERMINING EXECUTIVE COMPENSATION. THE MANAGEMENT COMPANY DETERMINES COMPENSATION FOR THE IDENTIFIED INDIVIDUALS IS BASED ON MERIT AND COMPARATIVE COMPENSATION IN THE MARKET. ANY PROPOSED COMPENSATION CHANGES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAP 152,296. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE PROCESS SINCE PRIOR YEAR.