2021-05-17T15:40:08-05:00 2020-06-30 203863238 WAGNER & HOUGH PLLC 8302 COOLEY LAKE ROAD COMMERCE TOWNSHIP MI 483824713 990 2019-07-01 382971898 CANTERBURY HEALTH CARE INC CANT 2486749292 5601 HATCHERY WATERFORD MI 48329 CORY CAIN EXECUTIVE DIRECTOR 2486749292 2021-05-17 1 PHILLIP H HOUGH JR CPA P00394389 2483635033 X 2019 2022-09-23 18:48:47Z CANTERBURY-ON-THE-LAKE CORY CAIN 5601 HATCHERY WATERFORD MI 48329 24455085 0 X CANTERBURYONTHELAKE.COM X 1991 MI TO PROVIDE HOUSING, NURSING CARE AND RELATED SERVICES FOR SENIOR ADULTS. 11 11 428 125 0 0 133487 145772 20493405 19795194 322480 343969 172355 906155 21121727 21191090 0 0 0 0 10138953 10034736 0 0 59124 13220061 13463040 23359014 23497776 -2237287 -2306686 36251258 35931860 36164708 37841783 86550 -1909923 TO PROVIDE HOUSING, NURSING CARE AND RELATED SERVICES FOR SENIOR ADULTS. 0 0 20642253 21062061 TO PROVIDE HOUSING, NURSING CARE AND RELATED SERVICES FOR SENIOR ADULTS 20642253 1 1 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 51 0 1 428 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARLENA PANKOWSKI 2486749292 5601 HATCHERY WATERFORD MI 48329 X CHERYL DRUTCHAS BOARD MEMBER 1.00 X 0 0 0 MARGARET BIRCH BOARD MEMBER 1.00 X 0 0 0 REBECCA BRAUN BOARD MEMBER 1.00 X 0 0 0 JENNIFER TAYLOR BOARD MEMBER 1.00 X 0 0 0 CINDY MAXWELL-PHILIPS BOARD MEMBER 1.00 X 0 0 0 ED REAP BOARD MEMBER 1.00 X 0 0 0 ANN CRAMER BOARD MEMBER 1.00 X 0 0 0 STANLEY RALPH WINDELER CHAIR 1.00 X 0 0 0 JENNIFER KIRKLAND VICE CHAIR 1.00 X 0 0 0 JUDITH WINDELER SECRETARY 1.00 X 0 0 0 PHILLIP HOUGH TREASURER 1.00 X 0 0 0 0 0 0 1 0 0 0 UNIDINE CORPORATION 1000 WASHINGTON STREET STE 510 BOSTON MA 02118 FOOD SERVICE 1483966 QUALITY CARE REHAB 8477 S SUNCOAST BLVD HOMASASSA FL 34446 REHAB 1128356 LIFE CARE SERVICES 400 LOCUST ST DES MOINES IA 503092334 MANAGEMENT 763347 ALLIANCE HEALTH AND LIFE CORPORATION 2850 WEST GRAND BOULEVARD DETROIT MI 48202 HEALTH INSURANCE 523687 ARTHUR J GALLAHER RISK MGMT SVCS 2850 GOLF ROAD ROLLING MEADOWS IL 60008 INSURANCE 454289 16 33575 112197 145772 HEALTH CENTER REVENUE 623311 12635652 12635652 0 0 INDEPENDENT LIVING REVENUE 623311 2749688 2749688 0 0 ASSISTED LIVING REVENUE 623311 2243516 2243516 0 0 MEMORY CARE REVENUE 623311 2166338 2166338 0 0 19795194 312420 312420 300 0 300 300 300 3271226 3227210 12467 44016 -12467 31549 31549 7575 33575 24318 -16743 -16743 COVID STIMULUS FUNDING GRANTS 900099 804038 804038 BEAUTY & BARBER 900099 73804 73804 SECOND PERSON & GARAGE FEES 900099 72738 72738 -27982 -27982 922598 21191090 21062061 0 -16743 8465510 7815551 630857 19102 105311 99572 5739 803908 714269 89639 660007 606430 53146 431 813627 813627 157390 3377 154013 76066 10866 65200 188213 75087 113126 223868 184277 39591 186520 121407 65113 515028 486489 28539 7716331 7295304 421027 57625 10005 47620 127402 38690 88712 1738396 1738396 1296487 1296487 305202 294884 10318 LICENSES & FEES 38377 32307 6070 PROFESSIONAL DUES & FEE 20502 1126 19376 BOARD EXPENSES 2006 2006 23497776 20642253 2796399 59124 336476 1717989 1669204 1312768 5254946 4765415 479560 441333 47440900 27735934 20736306 19704966 7743057 7662202 31709 327187 36251258 35931860 2200048 2268589 33367066 35004312 597594 568882 36164708 37841783 X -532487 -2606766 619037 696843 86550 -1909923 36251258 35931860 X -2306686 232407 77806 X X 0 1 X 1 0 X 284056 75729 126407 133487 145772 765451 19673093 19972622 19546696 20665760 19897311 99755482 19957149 20048351 19673103 20799247 20043083 100520933 0 0 0 100520933 -127891 504121 424800 322480 343969 1467479 -127891 504121 424800 322480 343969 1467479 162000 804038 966038 19991258 20552472 20097903 21121727 21191090 102954450 0.97640 0.98580 0.01430 0.01260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1 1420575 1420575 41039767 23223412 17816355 0 4980558 4512522 468036 0 19704966 2744707 F FIXED-INCOME SECURITIES 3081439 F MONEY MARKET FUNDS 128132 F MUTUAL FUNDS 1707924 F 7662202 REFUNDABLE DEPOSITS 568882 568882 X 21423497 232407 232407 21191090 0 21191090 23497776 0 23497776 0 23497776 PART X, LINE 2: RESIDENT DEPOSITS HELD IN TRUST. CANTERBURY INVESTS IN VARIOUS INVESTMENT SECURITIES. INVESTMENT SECURITIES ARE EXPOSED TO VARIOUS RISKS, SUCH AS INTEREST RATE, MARKET, AND CREDIT RISKS. DUE TO THE LEVEL OF RISK ASSOCIATED WITH CERTAIN INVESTMENT SECURITIES, IT IS AT LEAST REASONABLY POSSIBLE THAT CHANGES IN THE VALUES OF INVESTMENT SECURITIES WILL OCCUR IN THE NEAR TERM AND THAT SUCH CHANGES COULD SIGNIFICANTLY AFFECT THE AMOUNTS REPORTED ON THE BALANCE SHEET. PART XI, LINE 4B - OTHER ADJUSTMENTS: AUDITED FINANCIAL STATEMENTS DO NOT INCLUDE FUNDRAISING EXPENSES WHILE THE 990 TAX RETURN TOTAL REVENUE DOES INCLUDE FUNDRAISING EXPENSES. PART XII, LINE 4B - OTHER ADJUSTMENTS: AUDITED EXPENSES INCLUDE EXPENSES USED FOR FUNDRAISING EVENTS WHILE THE 990 TAX RETURN DOES NOT INCLUDE EXPENSES FOR FUNDRAISING EVENTS IN THE EXPENSE SECTION. GALA 41150 33575 7575 0 0 2000 12499 3005 6814 41150 33575 7575 2000 12499 3005 6814 24318 -16743 A ECONOMIC DEVELOPMENT CORPORATION OF THE CHARTER TOWNSHIP OF WATERFORD 386007299 94136PAD6 2016-10-13 19042703 0 0 0 B MICHIGAN STRATEGIC FUND 521417332 594698NU2 2016-10-13 14704684 0 0 0 A 19042703 1294956 381188 17469640 1995 1 0 1 1 B 14704684 903520 915929 293760 12591475 2018 0 0 0 1 A 0 0 1 1 0 0 0 0 B 0 0 1 1 0 0 0 0 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 FORM 990, PART VI, SECTION A, LINE 2 TWO OF THE BOARD MEMBERS ARE A MARRIED COUPLE. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE COMMUNITY HAS BEEN CONTRACTED TO LIFE CARE SERVICES OF DES MOINES, IOWA FOR MANY YEARS. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETED FORM 990 IS GIVEN TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR DETAILED REVIEW BEFORE FILING. AFTER THEIR REVIEW, THE FINDINGS ARE PRESENTED TO THE FULL BOARD, WHERE A MOTION TO ACCEPT THE FORM 990 AS PREPARED IS MADE AND MOVED. FROM THAT POINT THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A DIRECTOR'S DUTIES STATEMENT AND ACKNOWLEDGMENT IS PRESENTED TO EACH BOARD MEMBER EVERY JANUARY THAT REVIEWS THE CONFLICT OF INTEREST POLICY, REQUIRES DISCLOSURES AND DUTIES EXPECTED OF A BOARD MEMBER, AND IS REQUIRED TO BE SIGNED. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR AND ADMINISTRATOR POSITIONS ARE FILLED BY EMPLOYEES OF THE MANAGEMENT SERVICES COMPANY THAT IS UNDER CONTRACT TO MANAGE THE BUSINESS. THE CONTRACT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 ALL THE REQUIRED DOCUMENTS ARE AVAILABLE FOR INSPECTION ON SITE UPON REQUEST. FORM 990, PART XI, LINE 9: INCREASE IN TEMPORARILY RESTRICTED NET ASSETS DUE TO DONATION REVENUE UNREALIZED AS OF JUNE 30, 2020. 77,806. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A FINANCE COMMITTEE THAT OVERSEES THE SELECTION OF AN AUDITOR AND ALSO PROVIDES REVIEW AND OVERSIGHT OF THE AUDIT PROCESS AND RESULTS. THE COMMITTEE THEN TAKES THEIR REVIEW TO THE ENTIRE BOARD FOR APPROVAL OF THE AUDIT RESULTS AND SELECTION OF AN AUDITOR.