2022-03-02T14:17:24-06:00 2021-06-30 381357951 PLANTE & MORAN PLLC 3000 TOWN CENTER SUITE 100 SOUTHFIELD MI 48075 990 2020-07-01 300036587 GREENCROFT RETIREMENT COMMUNITIES INC GREE 5745374000 PO BOX 819 GOSHEN IN 46527 SCOTT MARTIN VP OF FINANCE 5745374000 2022-02-08 1 SCOTT MARTIN 999009999 DAVID LOWENTHAL P00378651 2483522500 2022-02-08 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MARK KING 1721 GREENCROFT BLVD GOSHEN IN 46526 6647482 0 X WWW.GREENCROFT.ORG X 2002 IN GREENCROFT RETIREMENT COMMUNITIES' MISSION IS TO PROVIDE MANAGEMENT & SUPPORT SERVICES TO RELATED NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE AFFORDABLE HOUSING, QUALITY CARE, AND CHARITY CARE FOR OLDER ADULTS. 8 8 40 19 0 0 3940 11000 5808296 6428995 108862 109010 25240 3810 5946338 6552815 47286 145377 0 0 4839184 4962859 0 0 0 1378048 1221842 6264518 6330078 -318180 222737 13036016 12725150 5755053 5065760 7280963 7659390 GREENCROFT COMMUNITIES CREATES DYNAMIC LIVING COMMUNITIES THAT EMBRACE THE CREATIVITY, CONTRIBUTIONS AND CHALLENGES OF AGING FOR ALL, GROUNDED IN SERVICE EXCELLENCE, COMPASSIONATE CARE AND MENNONITE VALUES. 0 0 4838948 145377 6428995 GREENCROFT RETIREMENT COMMUNITIES, INC (GRC) IS THE SPONSOR OF THIRTEEN NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITIES (CCRC) AND HUD FACILITIES. GRC PROVIDES THEM WITH SUPPORT AND SERVICES, AND GIVES 2,200 ELDERLY RESIDENTS OF ALL ECONOMIC LEVELS AN ENVIRONMENT THAT EMBRACES THEIR CREATIVITY AND CONTRIBUTIONS, AS WELL AS THE CHALLENGES OF AGING. AT LEAST 30 PERCENT OF RESIDENTS HAVE INCOME BELOW THE FEDERAL POVERTY LINE. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS ARE ELIGIBLE FOR SUPPORT FROM THE GREENCROFT COMMUNITIES FOUNDATION (ANOTHER RELATED ORGANIZATION) IF THEIR ASSETS RUN OUT. FOR THE ORGANIZATION, AS A WHOLE, OVER 9% OF TOTAL REVENUES WERE USED TO PROVIDE COMMUNITY BENEFITS, WHICH INCLUDES INDIGENT/CHARITY CARE. 4838948 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 90 0 1 40 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X SCOTT MARTIN 5745374000 1721 GREENCROFT BLVD GOSHEN IN 46527 MARK KING PRESIDENT/CEO 50.00 0.00 X 701116 0 124941 ROBERT GIBSON VICE PRESIDENT/CFO 44.00 1.00 X 255031 0 147876 LYNDA OLINSKI TREASURER 30.00 13.60 X 200257 0 47949 JINNY LONGBRAKE VP OF HR 40.00 0.00 X 156592 0 60335 SCOTT MARTIN ASSISTANT TREASURER 32.00 11.60 X 148432 0 47316 BRENT NAFZIGER ADMINISTRATOR - GREENCROFT 2.00 38.10 X 153576 0 36016 RYDELL BONTRAGER SECRETARY 36.00 7.70 X 118450 0 48510 AIMEE RIEMKE ASSISTANT SECRETARY 37.00 2.60 X 111115 0 51617 CHERRY SMITH DIRECTOR OF CLINICAL SERVICES 40.00 0.00 X 119844 0 17168 DALE SHENK ASSISTANT TREASURER 6.00 5.20 X 74524 0 0 AMY FLORIA BOARD CHAIR 1.00 1.00 X X 0 0 0 DAVE WEAVER VICE CHAIR 1.00 1.00 X X 0 0 0 DENNIS BLYLY BOARD MEMBER 1.00 1.00 X 0 0 0 JULIE CROSSLEY BOARD MEMBER 1.00 1.00 X 0 0 0 ROD DILLER BOARD MEMBER (PART YEAR) 1.00 1.00 X 0 0 0 JONATHAN GEISER BOARD MEMBER 1.00 1.00 X 0 0 0 LIZ GUNDEN BOARD MEMBER 1.00 1.00 X 0 0 0 JIM RIDENOUR BOARD MEMBER 1.00 1.00 X 0 0 0 BYRON SHETLER BOARD MEMBER 1.00 1.00 X 0 0 0 DANIELLE THOMPSON BOARD MEMBER (PART YEAR) 1.00 1.00 X 0 0 0 2038937 0 581728 15 0 1 0 R YODER CONSTRUCTION INC PO BOX 69 NAPPANEE IN 46550 CONSTRUCTION SERVICES 2684734 ROSEWOOD STAFFING INC PO BOX 577 WEST BEND WI 53095 AGENCY STAFFING SERVICES 1511563 HAMSTRA BUILDERS INC 12028 NORTH 200 WEST WHEATFIELD IL 46392 CONSTRUCTION SERVICES 1484638 HTS IN II INC 1500 AMERICAN WAY SUITE 110 GREENWOOD IN 46143 THERAPY SERVICES 1076464 SQUARE1 EXCAVATING 1789 E BRISTOL ST ELKHART IN 46514 CONSTRUCTION SERVICES 535194 21 11000 11000 MGMT/AFFILIATE SUPPORT 561000 6428995 6428995 6428995 71044 71044 113508 19125 93343 1324 20165 17801 37966 37966 GUEST ROOM FEE 721000 2841 2841 MISCELLANEOUS 900099 969 969 3810 6552815 6428995 0 112820 145377 145377 1776571 917582 858989 2661550 2306141 355409 242014 209697 32317 123172 106724 16448 159552 138246 21306 26571 26571 47500 47500 208502 208502 146140 146140 115849 115849 85660 85660 99880 99880 26537 26537 16741 16741 53452 53452 161825 161825 33840 33840 PROF. DEVELOPMENT 79287 79287 FACILITY MAINTENANCE 36000 36000 DUES & SUBSCRIPTIONS 21498 21498 REPAIRS & MAINTENANCE 6185 6185 56375 56375 6330078 4838948 1491130 0 200 200 5328687 6508665 1891983 768426 468 787 670457 592491 1887142 1152072 863038 735070 4281183 4119511 13036016 12725150 569788 799315 1200000 812185 212000 212000 3773265 3242260 5755053 5065760 X 7280963 7659390 7280963 7659390 13036016 12725150 X 222737 142191 13500 X X 0 1 X 1 0 X X 13 GREENCROFT GOSHEN INC 351270709 10 1 0 0 GREENCROFT CENTRAL MANOR INC 356047318 10 1 0 0 GREENCROFT MANOR II INC 351377430 10 1 0 0 GREENCROFT MANOR III INC 351431475 10 1 0 0 GREENCROFT HOME HEALTH SERVICES INC 351606010 10 1 0 0 GREENCROFT COMMUNITIES FOUNDATION INC 237126990 7 1 0 0 GREENCROFT MIDDLEBURY INC 300036865 10 1 0 0 SOUTHFIELD VILLAGE INC 351866553 10 1 0 0 HAVEN HUBBARD HOMES INC 350870110 10 1 0 0 CHICAGO TRAIL VILLAGE INC 310990629 10 1 0 0 OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC 351986767 10 1 0 0 WALNUT HILLS RETIREMENT COMMUNITIES INC 351317338 10 1 0 0 EDGEWATER PLACE INC 823596152 10 1 135000 0 13 135000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 SCHEDULE A, PART I, LINE 11G, COL. V: THE ORGANIZATION PROVIDES CORPORATE AND MANAGEMENT SERVICES TO ALL SUPPORTED ORGANIZATIONS. SCHEDULE A, PART IV, SECTION D, LINE 3: THE SUPPORTED ORGANIZATIONS HAVE REPRESENTATION, OR THE OPPORTUNITY THERETO, ON THE AUDIT/INVESTMENT COMMITTEE THAT REVIEWS INVESTMENT POLICIES AND AUDIT PLANNING/RESULTS FOR ALL AFFILIATED ENTITIES. SEVERAL TIMES A YEAR, THE PRESIDENTS OF EACH OF THE SUPPORTED ORGANIZATIONS MEET JOINTLY WITH THE PRESIDENT AND VICE-PRESIDENT, AND OTHER SENIOR MANAGEMENT, OF GREENCROFT RETIREMENT COMMUNITIES (GRC) TO REVIEW OPERATIONS. ALSO, EITHER THE PRESIDENT OR VICE-PRESIDENT OF GRC ARE PRESENT AT ALL OF THE BOARD MEETINGS OF THE SUPPORTED ORGANIZATIONS. SCHEDULE A, PART IV, SECTION E, LINE 3A: EACH OF THESE ENTITIES HAVE ONE MEMBER, GREENCROFT RETIREMENT COMMUNITIES, INC. (GRC), THAT 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 DISCONTINUATION 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. SCHEDULE A, PART IV, SECTION E, LINE 3B: SEE NARRATIVE FOR SCHEDULE A, PART IV, SECTION E, LINE 3A. 383032 383032 9662 9052 610 1494448 1143020 351428 735070 ACCRUED INTEREST RECEIVABLE 2811 DUE FROM AFFILIATE - CHICAGO TRAIL VILLAGE 3961 DUE FROM AFFILIATE - EDGEWATER PLACE 1295320 DUE FROM AFFILIATE - GREENCROFT CENTRAL MANOR 9956 DUE FROM AFFILIATE - GREENCROFT GOSHEN 12277 DUE FROM AFFILIATE - GREENCROFT MANOR III 8015 DUE FROM AFFILIATE - GREENCROFT MIDDLEBURY 1789596 DUE FROM AFFILIATE - HAMILTON GROVE 153111 DUE FROM AFFILIATE - OAK GROVE CHRISTIAN RETIREMENT VILLAGE 158530 DUE FROM AFFILIATE - SOUTHFIELD VILLAGE 147460 DUE FROM AFFILIATE - WALNUT HILLS RETIREMENT COMMUNITIES 538474 4119511 ACCRUED INTEREST 10208 DEFERRED COMPENSATION LIABILITY 874757 DUE TO AFFILIATE - GREENCROFT MANOR II 2189278 DUE TO AFFILIATE - GREENCROFT MANAGEMENT 65695 DUE TO AFFILIATE - GREENCROFT FOUNDATION 102322 3242260 1 EDGEWATER PLACE INC 11351 LAFAYETTE PLAIN CITY ROAD PLAIN CITY OH 43064 823596152 501(C)(3) 135000 N/A N/A COMMUNITY SUPPORT 1 0 PART I, LINE 2: GRANTS MADE ARE UNRESTRICTED AND CAN BE USED IN ANY WAY THE RECIPIENT SEES FIT TO FURTHER ITS TAX-EXEMPT PURPOSE. X X 0 1 0 0 0 0 0 0 0 MARK KING PRESIDENT/CEO 352750 0 27429 0 320937 0 101967 0 22974 0 826057 0 318118 0 ROBERT GIBSON VICE PRESIDENT/CFO 240505 0 11743 0 2783 0 124902 0 22974 0 402907 0 0 0 LYNDA OLINSKI TREASURER 187619 0 12500 0 138 0 25337 0 22612 0 248206 0 0 0 JINNY LONGBRAKE VP OF HR 150534 0 5662 0 396 0 36932 0 23403 0 216927 0 0 0 SCOTT MARTIN ASSISTANT TREASURER 143436 0 4600 0 396 0 19933 0 27383 0 195748 0 0 0 BRENT NAFZIGER ADMINISTRATOR - GREENCROFT 147748 0 5560 0 268 0 19027 0 16989 0 189592 0 0 0 RYDELL BONTRAGER SECRETARY 114307 0 4053 0 90 0 15404 0 33106 0 166960 0 0 0 AIMEE RIEMKE ASSISTANT SECRETARY 106583 0 4389 0 143 0 18333 0 33284 0 162732 0 0 0 PART I, LINE 4B MARK KING - $318,118 ROBERT GIBSON - $0 JINNY LONGBRAKE - $0 SCHEDULE J, PART I, LINE 4B: 2000 SERP: EFFECTIVE JANUARY 1, 2000, THE BOARD OF DIRECTORS OF GREENCROFT GOSHEN ESTABLISHED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN UNDER SECTION 457(F) ((AN UNQUALIFIED PLAN)) TO PROVIDE ITS EXECUTIVE GROUP OF EMPLOYEES WITH CERTAIN RETIREMENT BENEFITS. THE EXECUTIVE MUST BE EMPLOYED UNTIL AGE 62 TO RECEIVE THE BENEFIT. THE PLAN WAS RESTATED IN 2005 TO A QUALIFIED PLAN. NO PAYMENTS WERE MADE TO LISTED PERSONS IN CALENDAR YEAR 2019. PARTICIPANTS OF THE RESTATED 2005 PLAN FOR FISCAL YEAR 2020 ARE ROBERT GIBSON, JINNY LONGBRAKE, MARK KING AND LYNDA OLINSKI. THE 2014 RETENTION SERP (UNQUALIFIED PLAN): THE RETENTION SERP IS DESIGNED TO RETAIN KEY STAFF UP TO A CERTAIN AGE. THE PAYMENT INTO THE FUND IS BASED ON ANNUALLY REACHING THE BOARD'S FINANCIAL AND QUALITY TARGETS. IF THESE TARGETS ARE MET, THE BOARD PLACES A PAYMENT INTO THE FUND ON BEHALF OF THE EMPLOYEES. THE GOAL IS TO RETAIN THE EMPLOYEE BY PAYING A MARKET COMPETITIVE WAGE IF THE EMPLOYEE STAYS WITH THE ORGANIZATION UNTIL AGE 63. THE BOARD WILL NOT PAY ABOVE THE 75TH PERCENTILE OF THE MARKET RANGE FOR THE POSITION IN A GIVEN YEAR, INCLUDING THE SERP AMOUNT ALLOWED FOR THE EMPLOYEE. PARTICIPANT OF THIS PLAN WAS MARK KING. THE PLAN WAS DESIGNED TO KEEP KEY PERSONAL. DURING TAX YEAR 2019 AND TAX YEAR 2020, THERE WAS A PAYOUT TO AN EXECUTIVE, THIS COST HAS BEEN ACCRUED EVERY YEAR SINCE 2011. IN TOTAL, THE EXECUTIVE DID NOT RECEIVE PAYMENT, ON AN ANNUAL BASIS HIGHER THAN THE BOARD POLICY ALLOWED. THE 2014 PLAN WAS TERMINATED IN 2020. THIS CHART DETAILS THAT THE EXECUTIVES DID NOT RECEIVE COMPENSATION ABOVE THE BOARD GUIDELINES. IT RATHER SHOWS THAT THE SERP FUNDS ALLOWED THE ORGANIZATION TO REMAIN COMPETITIVE WITH SALARIES FOR THIS POSITION CEO SALARY CEO SALARY SYSTEM VP MANAGER SALARY PERCENTILE OF PERCENTILE OF SALARY PERCENTILE OF MARKET RANGE MARKET RANGE PERCENTILE OF MARKET RANGE WITH SERP MARKET RANGE 2011 44TH 55TH 47TH 58TH 2012 58TH 63RD 40TH - 2013 57TH 60TH 45TH - 2014 53RD 53RD 55TH 70TH 2015 55TH 66TH 62ND 70TH 2016 56TH 51ST 63RD 64TH 2017 63RD 51ST 64TH 64TH 2018 47TH 58TH 70TH - 2019 37TH 56TH 61ST - 2020 47TH 47TH 65TH 64TH 2021 45TH N/A 68TH - SCHEDULE J, PART I, LINE 3: A COMPLETE DESCRIPTION OF THE ORGANIZATION'S COMPENSATION PHILOSOPHY AND METHODOLOGY FOR ESTABLISHING COMPENSATION IS PROVIDED ON SCHEDULE O UNDER THE HEADING "FORM 990, PART VI. SECTION B, LINE 15." FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION DOES NOT HAVE MEMBERS. THE ORGANIZATION'S SPONSOR, MENNONITE HEALTH SERVICES, APPOINTS SIX OF THE NINE DIRECTORS OF THE BOARD ("SPONSOR APPOINTED DIRECTORS"). A SPONSOR APPOINTED DIRECTOR MAY BE REMOVED AT ANY TIME WITH OR WITHOUT CAUSE. FORM 990, PART VI, SECTION B, LINE 11B 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 THE FORM. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THEY MAY HAVE WITH THE ORGANIZATION. THE 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. FORM 990, PART VI, SECTION B, LINE 15 GREENCROFT COMMUNITIES' (GC) 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. GC WILL CONDUCT PERIODIC REVIEW OF THE MARKET TO DEVELOP AVERAGE WAGES FOR POSITIONS WITHIN GREENCROFT COMMUNITIES. GREENCROFT COMMUNITIES WILL START TEAM MEMBERS THAT MEET THE MINIMUM REQUIREMENTS FOR THE POSITION AT/OR NEAR THE STARTING WAGE. TEAM MEMBERS 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 TEAM MEMBERS OF OUR ORGANIZATION IS BASED ON THE VARIOUS TIERS. THE FIRST TIER IS GENERAL AND MANAGEMENT TEAM MEMBERS. WE HAVE HIRED AN OUTSIDE CONSULTANT TO DEVELOP A COMPENSATION SYSTEM FOR ALL OF GREENCROFT COMMUNITIES' POSITIONS. THE CONSULTANTS DEVELOPED A SYSTEM WITH WAGE SCALES THAT USE THE MARKETPLACE AVERAGE FOR KEY POSITIONS AS THE STARTING 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 CONSULTANTS. PERIODICALLY WE HIRE A CONSULTANT TO UPDATE THE MARKETPLACE AVERAGE FOR SEVERAL KEY POSITIONS. THE CONSULTANT WILL USE AREA MARKETPLACE DATA, LEADINGAGE DATA, AND OTHER INDUSTRY DATA TO DEVELOP THE AVERAGE. OUR COMPENSATION PHILOSOPHY FOR EXECUTIVE TEAM MEMBERS (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 TEAM MEMBERS. HOWEVER, OUR POLICY STATES THAT VICE PRESIDENTS CAN EARN UP TO THE 100TH PERCENTILE OF THE RANGE FOR THEIR POSITION. OUR THIRD TIER IS SENIOR VICE PRESIDENTS AND CEO TEAM MEMBERS. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR TEAM MEMBERS. 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 5% OF THESE TEAM MEMBERS' WAGES IN THIS PROGRAM. ANNUALLY THE BOARD REVIEWS THE SALARY AND WAGE COMPARISONS FOR EACH EXECUTIVE TEAM MEMBERS MEMBER. A FISCAL YEAR 2020 SURVEY OF OUR EXECUTIVE POSITIONS SHOW THE FOLLOWING BREAKDOWNS: VP, SENIOR VP & CEO: NUMBER OF TEAM MEMBERS IN GROUP 0 TO 24TH PERCENTILE - 0 (0%) 25TH TO 49TH PERCENTILE - 4 (31%) 50TH TO 74TH PERCENTILE - 4 (31%) 75TH TO 100TH PERCENTILE - 5 (38%) THE OVERALL COMPENSATION POLICY, THE VPS COMPENSATION POLICIES AND THE CEO COMPENSATION POLICY ARE APPROVED BY THE GREENCROFT COMMUNITIES (GC) BOARD OF DIRECTORS. THE VARIOUS AFFILIATES IN THE GC STRUCTURE REVIEW THE COMPENSATION POLICIES. ANNUALLY THE GC BOARD AND ITS AFFILIATE BOARDS REVIEW THE COMPENSATION OF THEIR RESPECTIVE EXECUTIVE TEAMS. THEY COMPARE BASE WAGES AND VARIABLE PAY PLAN WITH NATIONAL DATA PROVIDED BY LEADINGAGE (FORMERLY THE 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 GC BOARD HAS REVIEWED THE BASE WAGE AND THE VARIABLE PAY FOR THE PRESIDENT AND CEO OF GREENCROFT COMMUNITIES. IN THE FISCAL YEAR 2021 THIS POSITION WAS, COMPARED TO SIMILAR SIZE NON-PROFIT ORGANIZATIONS, AT THE 45TH PERCENTILE OF THE MARKET FOR BASE, THE 49TH PERCENTILE OF THE MARKET FOR TOTAL CASH COMPENSATION AND AT THE 30TH PERCENTILE OF THE MARKET FOR THE VARIABLE PAY COMPENSATION. THE LEADINGAGE/ZIEGLER 2021 DATA SHOWS TOTAL COMPENSATION TO BE $274,000 TO $649,600. ADDITIONALLY, THE BOARD LOOKED AT TWO ADDITIONAL DATA SOURCES FOR WAGE COMPARISONS. 1) GUIDESTAR 2018 DATA SHOWS THAT CEOS OF RETIREMENT SERVICES NON-PROFITS OF SIMILAR SIZE BASE COMPENSATION RANGE FROM $273,421 TO $820,510. 2) LEADINGAGE/ZIEGLER 2021 DATA SHOWS THAT FOR-PROFIT CEOS BASE COMPENSATION RANGE IS $405,000 TO $955,400 AND TOTAL CASH COMPENSATION RANGE IS $862,500 TO $3,067,100. THIS PROCESS WAS LAST PERFORMED IN FISCAL YEAR 2021. 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. FORM 990, PART XI, LINE 9: TRANSFER FROM AFFILIATES 13,500. FORM 990, PART XII, LINE 2C: THE AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GREENCROFT COMMUNITIES FOUNDATION INC PO BOX 819 GOSHEN IN 46527 237126990 FUNDRAISING IN 501(C)(3) LINE 7 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 HEALTHCARE IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT CENTRAL MANOR INC PO BOX 819 GOSHEN IN 46527 356047318 HOUSING IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MANOR II INC PO BOX 819 GOSHEN IN 46527 351377430 HOUSING IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MANOR III INC PO BOX 819 GOSHEN IN 46527 351431475 HOUSING IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MIDDLEBURY INC PO BOX 819 GOSHEN IN 46527 300036865 HOUSING IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT HOME HEALTH SERVICES INC PO BOX 819 GOSHEN IN 46527 351606010 HOME HEALTH IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 HAVEN HUBBARD HOMES INC DBA HAMILTON GROVE 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 350870110 HEALTHCARE IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 SOUTHFIELD VILLAGE INC 6450 MIAMI CIRCLE SOUTH BEND IN 46614 351866553 HEALTHCARE IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 WALNUT HILLS RETIREMENT COMMUNITIES INC PO BOX 129 WALNUT CREEK OH 44687 351317338 HEALTHCARE IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 CHICAGO TRAIL VILLAGE INC 31891 CHICAGO TRAIL NEW CARLISLE IN 46552 310990629 HOUSING IN 501(C)(3) LINE 10 HAVEN HUBBARD HOMES INC DBA HAMILTON GROVE 1 OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC 221 WEST DIVISION ROAD DEMOTTE IN 46310 351986767 HEALTHCARE IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 MENNONITE HEALTH SERVICES 234 S MAIN STREET SUITE A GOSHEN IN 46526 231421919 HEALTHCARE IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 0 EDGEWATER PLACE INC 11351 LAFAYETTE PLAIN CITY ROAD PLAIN CITY OH 43064 823596152 HEALTHCARE IN 501(C)(3) LINE 10 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MANAGEMENT INC PO BOX 819 GOSHEN IN 46527 270259652 MANAGEMENT SERVICES IN GREENCROFT RETIREMENT COMMUNITIES INC C -4056 65695 1.00000 1 1 1 0 1 1 0 0 0 0 0 0 1 1 1 1 0 1 1 0 EDGEWATER PLACE INC D 1300000 CASH VALUE EDGEWATER PLACE INC B 135000 CASH VALUE GREENCROFT GOSHEN INC A 45600 ACTUAL COST GREENCROFT GOSHEN INC L 2780919 ACTUAL COST GREENCROFT MANOR II INC E 2000000 CASH VALUE GREENCROFT MANOR II INC L 101360 ACTUAL COST GREENCROFT MANOR III INC L 67438 ACTUAL COST GREENCROFT MIDDLEBURY INC A 8750 ACTUAL COST GREENCROFT MIDDLEBURY INC D 1750000 CASH VALUE GREENCROFT MIDDLEBURY INC L 84257 ACTUAL COST HAVEN HUBBARD HOMES INC L 919777 ACTUAL COST OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC L 650332 ACTUAL COST SOUTHFIELD VILLAGE INC L 777850 ACTUAL COST WALNUT HILLS RETIREMENT COMMUNITIES INC D 500000 CASH VALUE WALNUT HILLS RETIREMENT COMMUNITIES INC L 104000 ACTUAL COST