2018-06-26T15:58:56-05:00 2017-12-31 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2017-01-01 237010671 SUNSET MANOR INC SUNS 6164572770 725 BALDWIN JENISON MI 49428 STEVE BOSSENBROEK CFO 6164572770 2018-06-12 1 CAROL LALONDE CPA P00181637 2695674500 2018-06-11 2017 2022-09-23 18:48:47Z BROOKCREST SUNSET ASSOCIATION SUNSET HOME SERVICES WATERFORD PLACE SUNSET RETIREMENT COMMUNITIES & SERVICES ROSE GARDEN STEVE ZUIDERVEEN 725 BALDWIN JENISON MI 49428 35996309 0 X WWW.SUNSETCOMMUNITIES.ORG X 1968 MI PROVIDE QUALITY HOUSING AND SERVICES FOR SENIORS IN THE GREATER GRAND RAPIDS AREA THROUGH THE OPERATION OF A RETIREMENT COMMUNITY, A SKILLED NURSING FACILITY AND HOME HEALTH SERVICES. 14 14 1049 379 0 0 61421 164522 32798702 34090626 1686197 1648601 94197 92560 34640517 35996309 0 4995097 0 0 17532338 18045572 3241 3807 309016 16777296 18571669 34312875 41616145 327642 -5619836 87087072 82508943 74595276 72054077 12491796 10454866 SUNSET ASSOCIATION PROVIDES QUALITY SERVICES FOR SENIOR ADULTS IN THE GREATER GRAND RAPIDS METROPOLITAN AREA, IN A SPIRIT OF CHRISTIAN LOVE. 0 0 19033956 4995097 18799570 PROVIDE QUALITY ASSISTED LIVING AND INDEPENDENT LIVING HOUSING AND SERVICES INCLUDING TRANSPORTATION, SOCIAL SERVICES, MEALS AT HOME, TO 712 SENIORS. 13284745 13431704 SKILLED NURSING CARE FOR 832 PERSONS WITH PHYSICAL AND DEMENTIA NEEDS REQUIRING 24 HOUR LICENSED NURSING CARE BOTH LONG TERM AND SHORT TERM REHABILITATION. 1411774 1859352 PROVIDE SHORT TERM HOME HEALTH SERVICES INCLUDING NURSING, PHYSICAL THERAPY, AND PRIVATE DUTY TO 718 SENIORS. 33730475 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 52 0 1 1049 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 1 0 MI X STEVE BOSSENBROEK 6164572770 725 BALDWIN JENISON MI 49428 DOUG HAVEMAN PRESIDENT 1.00 0.00 X X 0 0 0 RICK WIERINGA VICE PRESIDENT 1.00 0.10 X X 0 0 0 JIM DEVRIES SECRETARY 1.00 0.10 X X 0 0 0 JUDY BAKER DIRECTOR 1.00 0.00 X 0 0 0 WILLIAM BYKER DIRECTOR 1.00 0.00 X 0 0 0 DEB DETERS DIRECTOR 1.00 0.00 X 0 0 0 MITCH DYKSTRA DIRECTOR 1.00 0.00 X 0 0 0 GARY KAPTEIN DIRECTOR 1.00 0.00 X 0 0 0 KEN KOPPENOL DIRECTOR 1.00 0.00 X 0 0 0 GRACE KREULEN DIRECTOR 1.00 0.00 X 0 0 0 DARYLE KUIPER DIRECTOR 1.00 0.10 X 0 0 0 DANIEL LAMORE DIRECTOR 1.00 0.00 X 0 0 0 ROGER VANDERHEIDE DIRECTOR 1.00 0.00 X 0 0 0 NANCY VERKAIK DIRECTOR 1.00 0.00 X 0 0 0 DAVE ZONDERVAN DIRECTOR - PARTIAL YEAR 1.00 0.10 X 0 0 0 STEVE ZUIDERVEEN CEO 1.00 0.10 X 229870 0 47425 STEVE BOSSENBROEK CFO 40.00 0.10 X 147328 0 27455 CHRISTINA MATZKE COO 40.00 0.00 X 146615 0 38071 DANIEL GOWDY DIRECTOR OF DEVELOPMENT 40.00 0.00 X 123191 0 37648 MELISSA OHM DIRECTOR OF HUMAN RESOURCES 40.00 0.00 X 100706 0 36984 SUE HAMM EXECUTIVE DIRECTOR 40.00 0.00 X 106844 0 23305 BEN LEAVELL EXECUTIVE DIRECTOR 40.00 0.00 X 108149 0 19912 962703 0 230800 7 0 1 0 WORKSIGHTED 275 HOOVER BLVD HOLLAND MI 49423 IT SUPPORT 359065 GREATAMERICA FINANCIAL SERVICES PO BOX 660831 DALLAS TX 752660831 PRINTERS/COPIERS 115526 2 34000 130522 164522 RESIDENTIAL CARE 623000 31972878 31972878 ADVANCED FEE REVENUE 623000 1289724 1289724 OTHER RESIDENT SERVICES 623000 552675 552675 PROCESSING FEE REVENUE 623000 163100 163100 MEALS REVENUE 722210 112249 112249 34090626 694868 694868 92560 0 92560 92560 92560 953733 0 953733 953733 953733 35996309 34090626 0 1741161 4995097 4995097 452078 452078 14203552 11937489 2266063 540264 509470 30794 1546359 517422 1012554 16383 1303319 1104438 198881 118834 118834 169000 4488 164512 2111 2111 3807 3807 183711 183711 718143 85020 633123 269815 6034 116 263665 2888144 2036336 851808 1510380 1345698 164682 121074 41691 79383 153030 5749 147281 2093406 1864689 228717 3173956 2547768 601027 25161 447169 266085 181084 MEALS 2061988 2058603 3385 SUPPLIES 1333898 1315007 18891 EQUIPMENT RENTAL & MAIN 1028144 927304 100840 BAD DEBT EXPENSE 968496 968496 1330370 1193591 136779 41616145 33730475 7576654 309016 494233 1687723 3365742 2931250 41584 37279 215846 190006 96671576 43334109 55518534 53337467 26855431 23587319 354890 322100 240812 415799 87087072 82508943 2244669 2290032 5683873 5626342 48240345 46833644 18426389 17304059 74595276 72054077 X 12491796 10454866 12491796 10454866 87087072 82508943 X -5619836 3110425 472481 X X 0 1 X 1 0 X 393947 49475 57822 61421 184672 747337 26484392 28090291 29101632 32952206 34090626 150719147 26878339 28139766 29159454 33013627 34275298 151466484 0 0 0 151466484 350687 550705 922330 1307240 787428 3918390 350687 550705 922330 1307240 787428 3918390 27229026 28690471 30081784 34320867 35062726 155384874 0.97480 0.97650 0.02520 0.02310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 2111 2111 0 PART II-B, LINE 1: LEADING AGE MICHIGAN, AN INDUSTRY GROUP DOES SOME LOBBYING. 5531920 5531920 62867782 23020769 39847013 9925643 7592250 2333393 14435837 9732797 4703040 3910394 2988293 922101 53337467 CHARITABLE GIFT ANNUITIES 126583 INTEREST RATE SWAP LIABILITY 2680067 REFUNDABLE ENTRANCE FEES AND DEPOSITS 14497409 17304059 X PART X, LINE 2: THE CORPORATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501 (A) OF THE CODE. THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE OR ANY STATE OR LOCAL TAX AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2017, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. 0 SUNSET LEGACY FOUNDATION 725 BALDWIN JENISON MI 49428 453567386 501(C)(3) 4995097 GENERAL OPERATING SUPPORT 1 0 X X X X 0 0 0 0 0 0 0 0 0 STEVE ZUIDERVEEN CEO 229870 0 0 0 0 0 34650 0 12775 0 277295 0 0 0 STEVE BOSSENBROEK CFO 147328 0 0 0 0 0 21923 0 5532 0 174783 0 0 0 CHRISTINA MATZKE COO 146615 0 0 0 0 0 22207 0 15864 0 184686 0 0 0 DANIEL GOWDY DIRECTOR OF DEVELOPMENT 123191 0 0 0 0 0 19071 0 18577 0 160839 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS HAS FORMED A COMPENSATION COMMITTEE AND ENGAGED WITH OUTSIDE COMPENSATION CONSULTANTS TO DETERMINE THE COMPENSATION OF THE CEO AND OTHER EXECUTIVE COMMITTEE MEMBERS. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2017. A THE ECONOMIC DEVELOPMENT CORP OF THE TWP OF GEORGETOWN 386005370 NONEAVAIL 2016-06-30 31768721 REFUND 2014 BONDS TO MORE FAVORABLE TERMS 0 1 0 B MICHIGAN STRATEGIC FUND BONDS 386005370 NONEAVAIL 2014-05-29 19275000 FUND THE COST OF WATERFORD PHASE II 0 1 0 A 31768721 31768721 2016 1 0 1 1 B 19275000 371194 18903806 2015 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 0 0 0 1 A 0 B 0 FORM 990, PART I, ITEM C DBA: BROOKCREST, SUNSET ASSOCIATION, SUNSET HOME SERVICES, WATERFORD PLACE SUNSET RETIREMENT COMMUNITIES & SERVICES, ROSE GARDEN. DBA: WATERFORD REHAB CENTER, SUNSET MANOR & VILLAGES FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO ATTEND THE ANNUAL MEETING EACH YEAR AND VOTE ON A SLATE OF BOARD MEMBERS FOR THAT YEAR. THESE MEMBERS ARE ALL RESIDENTS AND DONORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE ORGANIZATION ELECT BOARD MEMBERS TO THE GOVERNING BODY AT THE ANNUAL MEETING EACH YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICERS, AND DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW AFTER FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES. AFTER THE DISCLOSURE, THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASON TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER FURTHER INVESTIGATION, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, IT WILL TAKE THE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ENFORCING AND MONITORING THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS FORMED A COMPENSATION COMMITTEE AND ENGAGED WITH OUTSIDE COMPENSATION CONSULTANTS TO DETERMINE THE COMPENSATION OF THE CEO AND OTHER EXECUTIVE COMMITTEE MEMBERS. THIS PROCESS WAS MOST RECENTLY UNDERTAKEN IN 2017. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF SWAP AGREEMENT 452,331. MANAGEMENT FEE 20,150. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED SINCE PRIOR YEAR. SUNSET LEGACY FOUNDATION 725 BALDWIN STREET JENISON MI 49428 453567386 SUPPORTING ORGANIZATION MI 501(C)(3) LINE 12A, I SUNSET MANOR INC 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 SUNSET LEGACY FOUNDATION R 4995097 ACTUAL SUNSET LEGACY FOUNDATION L 68720 ACTUAL SUNSET LEGACY FOUNDATION Q 110796 ACTUAL