2018-11-19T13:17:05-06:00 2018-03-31 410746749 CLIFTONLARSONALLEN LLP 1301 W 22ND ST STE 1100 OAK BROOK IL 60523 990 2017-04-01 203300991 FRIENDSHIP VILLAGE OF MILL CREEK NFP FRIE 8478845000 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 MICHAEL FLYNN CFO 8478845000 2018-11-08 1 CHRIS MANDERFIELD P01238973 6305738600 2018-11-08 67.137.57.251 2018-11-08 10:37:01 CS P 74360C0F9F998AEB88742761FB50F404B4DAF3FD 80C43226D4E09B8617C70E8679C144E30C781DB8 2017 2019-02-21 02:37:17Z GREENFIELDS OF GENEVA STEPHEN YENCHEK 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 28602987 0 X WWW.GREENFIELDSOFGENEVA.ORG X 2005 IL LONG-TERM CARE RETIREMENT COMMUNITY. 7 7 0 13 0 0 0 0 14892761 14738300 145208 36060 1223943 1877478 16261912 16651838 0 0 0 0 7276259 8044238 0 0 0 22698602 15084730 29974861 23128968 -13712949 -6477130 91318589 99999072 161177329 118967235 -69858740 -18968163 X IN THE SPIRIT OF FRIENDSHIP, WE PROVIDE SENIORS WITH DISTINCTIVE HOMES AND EXCEPTIONAL SERVICES THAT RESPECT THEIR FAITH TRADITIONS, SUPPORT THEIR INDEPENDENCE AND ENHANCE THEIR WELL-BEING. OUR EXPERTISE AND RESOURCES ARE EXTENDED TO OUR PARTNERS, AFFILIATES AND THE BROADER COMMUNITY AS AN EXPRESSION OF FRIENDSHIP. 0 0 18210087 16615778 FRIENDSHIP VILLAGE OF MILL CREEK, NFP DBA: GREENFIELDS OF GENEVA IS A LIFE PLAN COMMUNITY PROVIDING LIVING ARRANGEMENTS AND SERVICES TO SENIORS. CAMPUS WIDE SERVICES INCLUDE DINING, ACTIVITIES, MAINTENANCE, HOUSEKEEPING, WELLNESS PROGRAMS, SUPPORTIVE SERVICES, AND 24 HOUR SECURITY. THE INDEPENDENT LIVING AREA (139 RESIDENCES) OFFERS A VARIETY OF PRIVATE LIVING ARRANGEMENTS, A FITNESS CENTER, AND OTHER AMENITIES. THE CAMPUS ALSO HAS 51 ASSISTED LIVING APARTMENTS, 26 MEMORY SUPPORT UNITS, AND A 43 BED SKILLED HEALTH CARE FACILITY. 18210087 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X JEFF NYBERG 8478434259 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 CATHERINE TARDY CHAIR 0.30 0.80 X X 0 4200 0 GOEFF ROEHLL SECRETARY 0.30 1.30 X X 0 5250 0 TOM CASTRONOVO TREASURER 0.30 0.80 X X 0 3900 0 RONALD AHLMAN DIRECTOR 0.30 X 0 2550 0 CHUCK CASSELL DIRECTOR 0.20 X 0 2100 0 STEVE SMITH DIRECTOR 0.20 0.40 X 0 2250 0 PAUL SCHAFFHAUSEN DIRECTOR 0.20 X 0 1950 0 STEPHEN YENCHECK PRESIDENT & CEO 12.00 28.00 X 0 319881 70699 MICHAEL FLYNN VICE PRESIDENT & CFO 15.00 25.00 X 0 250470 25828 JAMES HOLBROOK EXECUTIVE DIRECTOR 40.00 X 0 187852 16587 0 780403 113114 0 0 1 0 MORRISON MANAGEMENT SPECIALISTS 400 NORTHRIDGE RD STE 600 ATLANTA GA 30350 DINING SERVICE 1792266 SYMBRIA REHAB 28100 TORCH PKWY 600 WARRENVILLE IL 60555 REHAB AND THERAPY 716601 STAHL COWEN CROWLEY ADDIS LLC 55 W MONROE ST STE 1200 CHICAGO IL 60603 LEGAL 404311 SYMBRIA RX SERVICES 28100 TORCH PKWY 600 WARRENVILLE IL 60555 HEALTH CONSULTANT 381758 KINSALE CONTRACTING GROUP INC 648 BLACKHAWK DR WESTMONT IL 60559 CONTRACTOR 280225 9 RESIDENT SERV REVENUE 623990 13649248 13649248 AMORT. OF ENTRANCE FEES 623990 1089052 1089052 14738300 54367 54367 11932842 11951149 -18307 -18307 -18307 MISCELLANEOUS 900099 1777582 1777582 TELEPHONE SERVICE FEES 900099 53219 53219 INTERNET FEES 900099 18867 18867 27810 27810 1877478 16651838 16615778 0 36060 X 5550 5550 6209025 5787425 421600 1431904 1340376 91528 397759 370775 26984 540384 540384 843670 843670 79963 79963 471110 13821 457289 536782 536782 369316 158701 210615 67052 16920 50132 930624 930624 21485 19656 1829 8905 5803 3102 2148594 2148594 4114825 4114825 326481 326481 FOOD/MEDICINES/SUPPLIES 1683930 1683930 BANKRUPTCY FILING EXPEN 1554641 1554641 REPAIRS AND MAINTENANCE 1074920 1051613 23307 RESIDENT EVENTS/PROGRAM 154301 154301 157747 729 157018 23128968 18210087 4918881 0 1544 1606 2591455 1622633 1218719 2618878 15901 27650 290050 54736 92587984 17058723 78029113 75529261 2574297 14806402 6597510 5337906 91318589 99999072 4093080 3259676 9701730 9708266 94928442 62286714 52454077 43712579 161177329 118967235 X -69858740 -18968163 -69858740 -18968163 91318589 99999072 X -6477130 -9862 57377569 X X 0 1 X 1 0 X 30000 30000 6285242 13607782 15328156 14892761 14738300 64852241 88173 126902 114626 329701 6403415 13734684 15442782 14892761 14738300 65211942 0 0 0 65211942 237764 204567 166576 145208 54367 808482 237764 204567 166576 145208 54367 808482 16506 1550 11919 1223943 1877478 3131396 6657685 13940801 15621277 16261912 16670145 69151820 0.94300 0.96010 0.01170 0.01730 X 6150047 6150047 78123556 11914902 66208654 8123463 5025382 3098081 190918 118439 72479 75529261 DEFERRED MARKETING COSTS 5337906 5337906 DUE TO FRIENDSHIP SENIOR OPTIONS, NFP 863933 ENTRANCE FEE DEPOSITS 398414 REFUNDABLE ENTRANCE FEES 42450232 43712579 X 73939582 -9862 57377569 57367707 16571875 79963 79963 16651838 23049005 0 23049005 79963 79963 23128968 PART X, LINE 2: THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT CORPORATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARDS FOR EVALUATING UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES INFORMATIONAL RETURNS AS A TAX-EXEMPT ORGANIZATION. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON RESTRUCTURING OF LONG-TERM DEBT 41,455,180. GAIN ON WRITE-OFF OF INTERCOMPANY BALANCES 10,706,679. NET ASSETS TRANSFERRED FROM AFFILIATES 5,215,710. X X X X X 0 1 0 0 0 0 0 0 0 STEPHEN YENCHECK PRESIDENT & CEO 0 318724 0 0 0 1157 0 57918 0 12781 0 390580 0 0 MICHAEL FLYNN VICE PRESIDENT & CFO 0 227151 0 23116 0 203 0 5223 0 20605 0 276298 0 0 JAMES HOLBROOK EXECUTIVE DIRECTOR 0 167168 0 20684 0 0 0 3890 0 12697 0 204439 0 0 PART I, LINE 3 THE COMPENSATION OF THE ORGANIZATION'S CEO WAS DETERMINED BY METHODS USED BY A RELATED ORGANIZATION. SEE SCHEDULE O RESPONSE FOR PART IV, SECTION B, LINE 15A. PART I, LINE 4B STEPHEN YENCHEK, PRESIDENT & CEO - $50,000 A ILLINOIS FINANCE AUTHORITY 861091967 45200F5J4 2010-08-31 3255000 GREENFIELDS OF GENEVA PROJECT 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45200F5N5 2010-08-31 2015000 GREENFIELDS OF GENEVA PROJECT 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45200F5P0 2010-08-31 3660000 GREENFIELDS OF GENEVA PROJECT 0 0 0 D ILLINOIS FINANCE AUTHORITY 861091967 45200F5Q8 2010-08-31 4600000 GREENFIELDS OF GENEVA PROJECT 0 0 0 A 3285495 3285495 296458 426535 94949 59530 1901317 498469 3874 2012 1 0 1 1 B 2033878 2033878 183521 264046 58778 36852 1177006 308576 2938 2012 1 0 1 1 C 3694289 3694289 333344 479607 106763 66937 2137887 560490 4356 2012 1 0 1 1 D 4643096 4643096 418957 602784 134183 84128 2686961 704441 5475 2012 1 0 1 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 C 0 0 0 0 1 0 1 D 0 0 0 0 1 0 1 A 1 0 0 0 0 1 B 1 0 0 0 0 1 C 1 0 0 0 0 1 D 1 0 0 0 0 1 A 1 B 1 C 1 D 1 A ILLINOIS FINANCE AUTHORITY 861091967 45200F5K1 2010-08-31 3660835 GREENFIELDS OF GENEVA PROJECT 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45200F5L9 2010-08-31 29746754 GREENFIELDS OF GENEVA PROJECT 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45200F5M7 2010-08-31 41052030 GREENFIELDS OF GENEVA PROJECT 0 0 0 D ILLINOIS FINANCE AUTHORITY 861091967 45200F5R6 2010-08-31 5000000 GREENFIELDS OF GENEVA PROJECT 0 0 0 A 3695132 3695132 333420 479716 106787 66952 2138374 560618 4357 2012 1 0 1 1 B 30025439 30025439 2709263 3898017 867718 544029 17375734 4555400 35402 2012 1 0 1 1 C 41436630 41436630 3738920 5379462 1197495 750788 23979395 6286683 48857 2012 1 0 1 1 D 5046843 5046843 363622 655200 144033 91443 2920610 765697 50232 2012 1 0 1 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 C 0 0 0 0 1 0 1 D 0 0 0 0 1 0 1 A 1 0 0 0 0 1 B 1 0 0 0 0 1 C 1 0 0 0 0 1 D 1 0 0 0 0 1 A 1 B 1 C 1 D 1 A ILLINOIS FINANCE AUTHORITY 861091967 45200F5S4 2010-08-31 3575000 GREENFIELDS OF GENEVA PROJECT 0 0 0 B ILLINOIS FINANCE AUTHORITY 861091967 45200F5T2 2010-08-31 8325000 GREENFIELDS OF GENEVA PROJECT 0 0 0 C ILLINOIS FINANCE AUTHORITY 861091967 45200F5U9 2010-08-31 11600000 GREENFIELDS OF GENEVA PROJECT 0 0 0 D ILLINOIS FINANCE AUTHORITY 861091967 45204EZC5 2017-11-17 10000000 PURCHASE AND DISCHARGE SERIES 2010 BONDS 0 0 0 A 3608493 3608493 252477 468468 102984 65382 2088236 547473 39256 2012 1 0 1 1 B 8402994 8402994 164670 1090909 239815 152253 4862816 1274885 290469 2012 1 0 1 1 C 11708676 11708676 1520065 334157 212149 6775815 1776417 512645 2012 1 0 1 1 D 10000000 1684918 192005 8123077 2017 1 0 1 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 C 0 0 0 0 1 0 1 D 0 0 0 0 1 0 1 A 1 0 0 0 0 1 B 1 0 0 0 0 1 C 1 0 0 0 0 1 D 0 0 1 0 0 0 0 0 1 A 1 B 1 C 1 D 1 A ILLINOIS FINANCE AUTHORITY 861091967 45204EZD3 2017-11-17 55000000 PURCHASE AND DISCHARGE SERIES 2010 BONDS 0 0 0 A 55000000 9267049 1056028 44676923 2017 1 0 1 1 A 0 0 0 0 1 0 1 A 0 0 1 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 3 FRIENDSHIP SENIOR OPTIONS, NFP PROVIDES STRATEGIC DIRECTION AND CRITICAL MANAGEMENT SERVICES INCLUDING EXECUTIVE, ADMINISTRATIVE, AND FINANCIAL FUNCTIONS TO FRIENDSHIP VILLAGE OF MILL CREEK, NFP. FORM 990, PART VI, SECTION A, LINE 6 FRIENDSHIP SENIOR OPTIONS, NFP IS THE SOLE MEMBER IN THAT IT CAN APPOINT THE MEMBERS OF THE GOVERNING BODY OF FRIENDSHIP VILLAGE OF MILL CREEK, NFP. FORM 990, PART VI, SECTION A, LINE 7A FRIENDSHIP SENIOR OPTIONS, NFP IS THE SOLE MEMBER IN THAT IT CAN APPOINT THE MEMBERS OF THE GOVERNING BODY OF FRIENDSHIP VILLAGE OF MILL CREEK, NFP. FORM 990, PART VI, SECTION B, LINE 11B ALL BOARD OF DIRECTOR MEMBERS RECEIVE THE FORM 990 VIA EMAIL BEFORE IT IS FILED. THE FINANCE COMMITTEE PRESENTED WITH THE 990 BY THE TAX PREPARERS REVIEWS THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR, THE BOARD MEMBERS AND MANAGEMENT TEAM RECEIVE A CONFLICT OF INTEREST POLICY. THEY HAVE TO SIGN AN ATTACHMENT STATING THAT THEY RECEIVED THE POLICY AND WHETHER OR NOT THEY ARE AWARE OF ANY CONFLICTS. ON THOSE OCCASIONS WHERE THE ISSUE ARISES, THE CONFLICT, THE POTENTIAL FOR CONFLICT, OR THE PERCEPTION OF CONFLICT IS FULLY DISCLOSED TO THE BOARD PRIOR TO DISCUSSION ON THE MATTER CALLING FOR BOARD ACTION. PRIOR TO SUCH DISCUSSION, THE BOARD HAS DETERMINED WHETHER THE PRESENCE OF OR PARTICIPATION BY THE "CONFLICTED" BOARD MEMBER IN THE DISCUSSION WILL INFLUENCE THE DISCUSSION ITSELF OR ITS OUTCOME. THE "CONFLICTED" MEMBER MAY OR MAY NOT BE EXCUSED FROM SUCH DISCUSSION. IN ALL INSTANCES, THE "CONFLICTED" BOARD MEMBER ABSTAINS FROM ANY VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE MOST RECENT EXECUTIVE COMPENSATION SALARY SURVEY WAS CONDUCTED IN SEPTEMBER 2017 AT THE REQUEST OF THE FSO EXECUTIVE COMMITTEE (WHOSE RESPONSIBILITY IS EXECUTIVE COMPENSATION) AND THE FSO PRESIDENT/CEO. THE ORGANIZATION AT THE DIRECTIVE OF THE EXECUTIVE COMMITTEE CONTRACTS WITH AN INDEPENDENT, EXTERNAL COMPENSATION CONSULTANT TO PROVIDE THE SALARY SURVEY DATA AND TO ENSURE WE ARE IN COMPLIANCE WITH ALL IRS RULINGS ON EXECUTIVE COMPENSATION. WE ALSO MAINTAIN A PLAN DOCUMENT THAT IS REVIEWED ANNUALLY AND UPDATED AS REGULATIONS OF THE PLAN CONSTRUCT CHANGES. THE EXECUTIVE COMMITTEE HAS FINAL APPROVAL FOR ALL SALARY AND BENEFIT ADJUSTMENTS FOR THE EXECUTIVES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH THE MAIN DESK UPON REQUEST. THE PUBLIC IS ABLE TO OBTAIN COPIES OF THE ANNUAL REPORT WITH SUMMARIZED INFORMATION, THE GOVERNING DOCUMENTS, AND THE CONFLICT OF INTEREST POLICY UPON REQUEST. FORM 990, PART IX FRIENDSHIP SENIOR OPTIONS, NFP IS THE COMMON PAYMASTER FOR ITS OWN EMPLOYEES AS WELL AS THOSE OF ITS RELATED ORGANIZATIONS NOTED IN SCHEDULE R. AS SUCH, FRIENDSHIP SENIOR OPTIONS HAS FILED ALL APPROPRIATE TAX RETURNS AND ISSUED FORMS W-2 WITH RESPECT TO WAGES IT HAS PAID AS COMMON PAYMASTER. EACH RELATED ORGANIZATION HAS REIMBURSED FRIENDSHIP SENIOR OPTIONS FOR ITS SHARE OF WAGES AND TAX PAYMENTS. FORM 990, PART IX FRIENDSHIP VILLAGE OF MILL CREEK, NFP REPORTS NO FUNDRAISING EXPENSES ON PART IX OF THE RETURN. THIS IS BECAUSE ITS RELATED PARTY, FRIENDSHIP SENIOR OPTIONS FOUNDATION, WAS CREATED IN ORDER TO PERFORM THE FUNDRAISING FUNCTIONS FOR THE ENTITY. FORM 990, PART XI, LINE 9: GAIN ON WRITE-OFF OF INTERCOMPANY BALANCES 10,706,679. RESTRUCTURING OF LONG-TERM DEBT 41,455,180. NET ASSETS TRANSFERRED FROM AFFILIATES 5,215,710. FORM 990, PART XII, LINE 2C: THE ORGANIZATION'S FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. EVANGELICAL RETIREMENT HOMES OF GREATER CHICAGO 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 362815382 LIFE CARE COMMUNITY IL 501(C)(3) LINE 10 FRIENDSHIP SENIOR OPTIONS NFP 0 FRIENDSHIP SENIOR OPTIONS NFP 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 201278553 SUPPORT IL 501(C)(3) LINE 12C, III-FI N/A 0 FRIENDSHIP SENIOR OPTIONS FOUNDATION 350 W SCHAUMBURG ROAD SCHAUMBURG IL 60194 201630044 SUPPORT IL 501(C)(3) LINE 12A, I FRIENDSHIP SENIOR OPTIONS NFP 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 0 0 0 1 FRIENDSHIP SENIOR OPTIONS NFP M 540384 FAIR MARKET VALUE FRIENDSHIP SENIOR OPTIONS NFP E 863933 FAIR MARKET VALUE FRIENDSHIP SENIOR OPTIONS NFP S 5215710 FAIR MARKET VALUE