2018-08-13T09:50:50-05:00 2017-09-30 381357951 PLANTE & MORAN PLLC 750 Trade Centre Way Ste 300 Portage MI 49002 990 2016-10-01 382067110 LIFECARE INC LIFE 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 BETSY BALE EXECUTIVE DIRECTOR 2693810560 2018-07-12 1 Carol LaLonde CPA P00181637 2695674500 2018-07-12 2016 2022-09-23 18:48:47Z FRIENDSHIP VILLAGE BETSY BALE 1400 N DRAKE ROAD KALAMAZOO MI 49006 19914125 0 X www.friendshipvillagemi.com X 1971 MI TO PROVIDE HOUSING, FOOD, NURSING CARE, AND OTHER RELATED SERVICES TO SENIOR CITIZENS. 14 14 480 435 0 0 262583 574403 16821692 18042645 333213 211633 307794 256942 17725282 19085623 0 0 0 0 9996365 10875473 0 0 0 8393752 8680900 18390117 19556373 -664835 -470750 42596018 46421554 41891021 45063669 704997 1357885 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN. 0 0 16168253 18042645 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN. 16168253 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 80 0 1 480 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MI X R DAVID GOODRICH 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 ALICE KEMERLING PRESIDENT 2.00 0.00 X X 0 0 0 DERL OBERLIN 1ST VICE PRESIDENT 2.00 0.00 X X 0 0 0 JACK ULLREY TREASURER 2.00 0.00 X X 0 0 0 MICHAEL HOLMES SECRETARY 2.00 0.00 X X 0 0 0 BOB BROWN DIRECTOR 2.00 0.00 X 0 0 0 SONIA EDEN DIRECTOR 2.00 0.00 X 0 0 0 CATHERINE METZLER DIRECTOR 2.00 0.00 X 0 0 0 TERRY BAXTER 2ND VICE PRESIDENT 2.00 0.00 X X 0 0 0 HECTOR LUIS DIAZ DIRECTOR 2.00 0.00 X 0 0 0 TODD MCDONALD DIRECTOR 2.00 0.00 X 0 0 0 ED WILSON DIRECTOR 2.00 0.00 X 0 0 0 CHRIS HADDEN DIRECTOR 2.00 0.00 X 0 0 0 ANDREW MCLEAD SR DIRECTOR 2.00 0.00 X 0 0 0 BJ PERDUM DIRECTOR 2.00 0.00 X 0 0 0 BETSY BALE EXECUTIVE DIRECTOR 40.00 0.00 X 101537 0 12941 KATHRYN HARMON ADMINISTRATOR 40.00 0.00 X 86589 0 24207 MARYL PETRIE MARKETING DIRECTOR 40.00 0.00 X 125687 0 10890 313813 0 48038 2 0 0 0 LIFE CARE SERVICES 400 LOCUST STREET STE 820 DES MOINES IA 50309 MANAGEMENT SERVICES 917958 MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30368 FOOD SERVICES 641712 REHABCARE GROUP PO BOX 99341 CHICAGO IL 60693 THERAPY SERVICES 577680 AVB CONSTRUCTION LLC 4200 WEST CENTRE AVENUE PORTAGE MI 49024 CONSTRUCTION SERVICES 443567 KALAMAZOO MECHANICAL INC 5507 EAST CORK STREET KALAMAZOO MI 49048 CONSTRUCTION SERVICES 182792 8 574403 574403 APARTMENT & SVC FEES 623990 6310604 6310604 MEDICAL CENTER REV. 623990 4897666 4897666 ASSISTED LIVING 623990 4628505 4628505 DEF. REC-ADV/RF FEES 623000 1673194 1673194 RESIDENT MEALS 722210 350730 350730 181946 181946 18042645 174507 174507 865628 789834 38668 75794 -38668 37126 37126 BEAUTY & BARBER 900099 100107 100107 LAUNDRY 900099 23110 23110 APARTMENT CUSTOM WORK 900099 16633 16633 117092 117092 256942 19085623 18042645 0 468575 291029 291029 8259703 7659640 600063 68987 60307 8680 1614891 1473713 141178 640863 571812 69051 849688 849688 5399 5399 52600 52600 68279 68279 839569 839569 364414 364414 1457999 761867 696132 857211 856739 472 1832381 1832381 medical supplies 1676664 1518161 158503 equipment repair 408833 404717 4116 DUES AND LICENSES 44658 25372 19286 bad debts expense 3933 3933 219272 163975 55297 19556373 16168253 3388120 0 1432774 3118623 3305731 2386132 817897 635861 0 608748 108372 105822 221076 211897 59720996 28196634 29885073 31524362 6825095 7830109 42596018 46421554 1677505 2306659 7997321 8555018 20324013 18756069 0 1716380 11892182 13729543 41891021 45063669 X -6826756 -7053320 7531753 8411205 704997 1357885 42596018 46421554 X -470750 775108 348530 X X 0 1 X 1 0 X 199625 795736 528949 262583 574403 2361296 15900825 15493451 15428432 16821692 18042645 81687045 16100450 16289187 15957381 17084275 18617048 84048341 0 0 0 84048341 128130 121667 141062 148440 174507 713806 128130 121667 141062 148440 174507 713806 454307 307794 256942 1019043 16228580 16410854 16552750 17540509 19048497 85781190 0.97980 0.98350 0.00830 0.00720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 803696 803696 49743930 23482940 26260990 1703370 1438934 264436 1860340 1500189 360151 5609660 1774571 3835089 31524362 PROVISION FOR INTEREST RATE SWAP AGREEMENT 719961 DEPOSITS 252928 REFUNDABLE FEES 12756654 13729543 19831120 775108 775108 19056012 68279 -38668 29611 19085623 19526762 38668 38668 19488094 68279 68279 19556373 Part XI, Line 4b - Other Adjustments: REALIZED LOSS FROM REMOVAL OF ASSETS NETTED AGAINST EXPENSES -38,668. Part XII, Line 2d - Other Adjustments: REALIZED LOSS FROM REMOVAL OF ASSETS NETTED AGAINST EXPENSES 38,668. 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 A 3295000 10640000 202149 10437851 1998 1 0 1 1 B 737658 11665312 60000 11605312 2016 0 0 1 1 A 0 0 0 0 0 0 0 B 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 1 0 0 1 0 0 0 0 A 0 B 0 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 DATE REBATE COMPUTATION WAS PERFORMED: 06/17/2011 NOTE REGARDING REBATE COMPUTATION; 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 CALCUALTIONS 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. 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 OBSTAIN 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. Form 990, Part VI, Section C, line 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, line 9: Change in Interest Swap Agreement 348,530. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE PROCESS SINCE PRIOR YEAR.