2019-09-06T07:54:36-05:00 2018-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2018-01-01 363386534 PEACE VILLAGE PEAC 7083613683 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 JOSEPH FERRANTELLI PRESIDENT 7083613683 2019-08-26 1 DAVID LOWENTHAL P00378651 3122071040 2019-08-26 67.59.56.30 2019-08-26 16:53:33 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 23D9C3BAD3C11415BCA5E3AEE50D281DF37E870F 2018 2019-02-21 02:37:17Z ROGER ELLENS 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 14756592 0 X WWW.PEACEVILLAGE.ORG X 1989 IL PEACE VILLAGE IS A RETIREMENT FACILITY PROVIDING HOUSING, MEALS, PERSONAL SERVICES AND RECREATIONAL ACTIVITIES FOR THE ELDERLY. 10 10 130 121 -255979 -92546 1202029 61624 10344746 10639355 256637 235998 110708 -61213 11914120 10875764 32000 32000 0 0 4220773 4144460 0 0 56554 9424973 9443258 13677746 13619718 -1763626 -2743954 34938745 33173073 62746750 64096048 -27808005 -30922975 PEACE VILLAGE EMBRACES THE CONTINUING VITALITY OF OUR RESIDENTS BY FOSTERING A LOVING AND RESPECTFUL COMMUNITY IN WHICH OUR RESIDENTS' INDIVIDUALITY IS HONORED, WELLNESS IS SUPPORTED, FAITH IS INSPIRED, AND FRIENDSHIPS ARE MADE. 0 0 9826501 32000 10836143 PEACE VILLAGE IS A RETIREMENT FACILITY PROVIDING HOUSING, MEALS, PERSONAL SERVICES AND RECREATIONAL ACTIVITIES FOR THE ELDERLY. ACTIVITIES ARE DESIGNED AROUND WHAT THE RESIDENTS WANT TO DO. THE CALENDAR ALLOWS THE RESIDENTS TO SEE HOW THESE ACTIVITIES BENEFIT THE SIX DIMENSIONS OF WELLNESS: PHYSICAL, EMOTIONAL, SPIRITUAL, EDUCATIONAL, SOCIAL, AND ENVIRONMENT. 9826501 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 24 0 1 130 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X ROGER ELLENS 7083613683 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 JOSEPH FERRANTELLI PRESIDENT 3.00 1.00 X X 0 0 0 TOM MILLER TREASURER 3.00 1.00 X X 0 0 0 PAUL GROSS SECRETARY/VP 3.00 1.00 X X 0 0 0 SUSAN FREUND DIRECTOR 3.00 1.00 X 0 0 0 DR JAMES MAGEE DIRECTOR 3.00 1.00 X 0 0 0 REV VERTIE POWERS DIRECTOR 3.00 1.00 X 0 0 0 DAVID SKALA DIRECTOR 3.00 1.00 X 0 0 0 CHARLES SMITH DIRECTOR 3.00 1.00 X 0 0 0 DON STILLE DIRECTOR 3.00 1.00 X 0 0 0 CARMEN VONDRAK DIRECTOR 3.00 1.00 X 0 0 0 LINDA BEUSHAUSEN CEO 40.00 1.00 X 136162 0 20482 ROGER ELLENS CFO 40.00 1.00 X 108491 0 27463 DIANE OREMOVICH DIRECTOR OF HEALTH & WELLNESS 40.00 1.00 X 104917 0 16457 NANCY SMERALDO MARKETING DIRECTOR 40.00 1.00 X 103274 0 20788 452844 0 85190 4 0 1 0 MORRISON COMMUNITY LIVING PO BOX 102289 ATLANTA GA 303682289 DINING SERVICES 2706874 GLYNNDEVINS 8880 WARD PKWY STE 400 KANSAS CITY MO 64114 MARKETING 408671 THE RESPECT PAINTING GROUP 4713 DUMOULIN AVE LISLE IL 60532 PAINTING SERVICES 151783 ELITE FACILITY PROFESSIONALS INC 245 ROCBAAR DR ROMEOVILLE IL 60446 MAINTENANCE 106980 K-LEE LANDSCAPING & LAWN MAINTENANCE 11641 S RIDGELAND AVE ALSIP IL 60803 LANDSCAPING 104454 5 19280 42344 61624 SERVICE FEES - PEACE 623990 5529581 5529581 SERVICE FEES - CIRCLE 623990 3729192 3729192 ACCOMODATION FEES 623990 774203 774203 PEACE CARE 623990 606379 606379 10639355 271297 271297 622693 878672 -255979 -255979 -255979 2954557 2989856 -35299 -35299 -35299 10278 19280 12300 -2022 -2022 SUPPORT SERVICES 900099 171456 171456 COFFEE SHOP 900099 25332 25332 196788 10875764 10836143 -255979 233976 X 32000 32000 292598 292598 2927694 2865614 8600 53480 118384 124604 -6220 580492 561575 18917 225292 204174 18044 3074 30246 30246 35858 35858 21176 21176 3012644 2697369 315275 309161 309161 43917 3993 39924 20930 20930 851046 132412 718634 1132 848 284 18035 12063 5972 1424864 1424864 2200994 2090944 110050 15445 7881 7564 RESIDENT ASSISTANCE 413446 413446 SUPPLIES 168918 101805 67113 DUES AND SUBSCRIPTIONS 17573 17573 LICENSE AND PERMITS 4155 219 3936 853718 577554 276164 13619718 9826501 3736663 56554 1380239 1382721 2671722 2571791 82540 60369 204000 716875 39499 34361 92479 114868 63494288 39392676 26171964 24101612 3767001 3736786 -25544 -34902 554845 488592 34938745 33173073 2207695 1893416 30771182 32666527 20315389 20050443 5220687 5018574 4231797 4467088 62746750 64096048 X -27818848 -30933943 10843 10968 -27808005 -30922975 34938745 33173073 X -2743954 -375112 4096 X 0 1 X 1 0 X 7625 496282 114072 1202029 42344 1862352 9082705 9415727 10363757 10344746 10639355 49846290 9090330 9912009 10477829 11546775 10681699 51708642 0 0 0 51708642 221913 165406 262822 259321 271297 1180759 588661 587347 585068 579965 622693 2963734 810574 752753 847890 839286 893990 4144493 277667 144018 116876 440901 196788 1176250 10178571 10808780 11442595 12826962 11772477 57029385 0.90670 0.90500 0.07270 0.07380 X 1572431 1572431 57952577 37065351 20887226 3960263 2327325 1632938 9017 9017 24101612 RESIDENT DEPOSITS 52000 SECURITY DEPOSITS 67512 CAPITAL LEASE PAYABLE 4347576 4467088 GOLF OUTING 29558 19280 10278 5400 4700 2200 29558 19280 10278 5400 4700 2200 12300 -2022 0 PEACE MEMORIAL CHURCH 10300 WEST 131 ST PALOS PARK IL 60464 362276998 501(C)(3) 32000 TO ASSIST PEACE MEMORIAL CHURCH WITH ITS TAX-EXEMPT MISSION. 1 0 X X X 0 0 0 0 0 0 0 0 0 LINDA BEUSHAUSEN CEO 127876 0 0 0 8286 0 9490 0 10992 0 156644 0 0 0 A ILLINOIS FINANCE AUTHORITY 861091967 45203HVVI 2013-10-29 22079724 PAY FOR CAPITAL EXPENDITURES AND TO REFUND PRIOR ISSUE (10/22/03) 0 0 0 A 1425000 22315416 1981876 759 441594 4417512 16373326 1 0 1 1 A 0 1 0 0 0.00100 0.00000 0.00100 0 0 0 A 0 0 1 1 0 0 0 0 1 A 1 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. THE TOTAL PROCEEDS DO NOT EQUAL THE SUMMATION OF LINES 4 - 12 DUE TO TRANSFERRED OR REPLACEMENT PROCEEDS IN LINE 4. SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: (A) ISSUER NAME: ILLINOIS FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/30/2018 FORM 990, PART VI, SECTION A, LINE 6 PEACE MEMORIAL CHURCH IS THE ORGANIZATION'S SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A PEACE MEMORIAL CHURCH MAY ELECT ONE OR MORE MEMBERS OF PEACE VILLAGE'S GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN DECISIONS OF THE PEACE VILLAGE GOVERNING BODY MAY BE SUBJECT TO APPROVAL BY THE MEMBERS OF PEACE MEMORIAL CHURCH'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD MEMBERS ARE PROVIDED A COPY OF FORM 990 PRIOR TO FILING. FURTHER, THE CEO AND CFO BOTH REVIEW THE RETURN BEFORE THE CEO SIGNS IT AND IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS COMPLETES AND ANNUALLY REVIEWS CONFLICT STATEMENTS EACH JANUARY. DEPENDING ON THE SPECIFICS OF THE CONFLICT, VARIOUS ACTIONS COULD BE TAKEN WITH THE GOAL OF ELIMINATING THE CONFLICT. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING, BUT AFTER SUCH PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF OFFICERS AND KEY EMPLOYEES INCLUDES A MARKET ANALYSIS OF COMPARABLE POSITIONS FROM SIMILAR ORGANIZATIONS FOR BENCHMARKING PURPOSES. THIS INFORMATION IS REVIEWED BY THE DIRECTOR OF HUMAN RESOURCES, WITH FINAL COMPENSATION DECISIONS MADE BY THE CEO WITHIN BUDGETARY GUIDELINES WHICH ARE REVIEWED IN DETAIL BY THE FINANCE COMMITTEE AND APPROVED BY THE FULL BOARD. ON AN ANNUAL BASIS, THE FULL BOARD REVIEWS AND DISCUSSES CEO PERFORMANCE, AFTER WHICH THE EXECUTIVE COMMITTEE OF THE BOARD (CONSISTING OF THE PRESIDENT, VICE PRESIDENT, AND TREASURER) DOCUMENTS THE BOARD'S ASSESSMENT OF THAT PERFORMANCE AND DISCUSSES IT WITH THE CEO. THAT ASSESSMENT, ALONG WITH ORGANIZATIONAL PERFORMANCE, MARKET FACTORS, AND THE COMPANY'S "CHIEF EXECUTIVE OFFICER PERFORMANCE INCENTIVE COMPENSATION PLAN" INFORM THE EXECUTIVE COMMITTEE'S DECISION REGARDING THE CEO'S COMPENSATION. ONCE FINALIZED, THAT DECISION IS COMMUNICATED TO THE FULL BOARD AT ITS NEXT REGULAR MEETING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 492,204. MANAGEMENT AND GENERAL EXPENSES 146,063. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 638,267. CONSULTING: PROGRAM SERVICE EXPENSES 1,375,477. MANAGEMENT AND GENERAL EXPENSES 169,212. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,544,689. PURCHASED SERVICES - FOOD AND BEVERAGE: PROGRAM SERVICE EXPENSES 829,688. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 829,688. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 4,096. PEACE PROPERTIES LLC 10300 VILLAGE CIRCLE PALOS PARK IL 60464 200088410 RENTAL REAL ESTATE IL 251883 5240482 PEACE VILLAGE PEACE MEMORIAL CHURCH 10300 WEST 131 ST PALOS PARK IL 60464 362276998 CHURCH IL 501(C)(3) LINE 1 N/A 0 PEACE LIFE CARE SYSTEM 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 273719095 CHARITABLE ADMINISTRATION IL 501(C)(3) LINE 12A, I PEACE VILLAGE 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 PEACE MEMORIAL CHURCH B 32000 CASH PEACE LIFE CARE SYSTEM L 94821 ACTUAL COSTS INCURRED