2018-09-07T17:46:48-05:00 2017-12-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2017-01-01 363386534 PEACE VILLAGE PEAC 7083613683 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 JOSEPH FERRANTELLI PRESIDENT 7083613683 2018-08-31 1 DAVID LOWENTHAL P00378651 3122071040 2018-08-30 73.73.21.99 2018-08-31 11:58:49 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 3F84BBAD590131ED98FD04F355634223604A4ACA 2017 2018-06-14 16:35:46Z ROGER ELLENS 10300 VILLAGE CIRCLE DRIVE PALOS PARK IL 60464 15286308 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 10 160 122 -330193 -162954 114072 1202029 10363757 10344746 265100 256637 -210972 110708 10531957 11914120 37000 32000 0 0 4203939 4220773 0 0 0 8478801 9424973 12719740 13677746 -2187783 -1763626 37884222 34938745 62887596 62746750 -25003374 -27808005 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 10069188 32000 10785647 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. 10069188 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 1 0 0 0 1 1 1 1 0 0 1 30 0 1 160 1 1 1 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 0 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 180788 0 19909 ROGER ELLENS CFO 40.00 1.00 X 113774 0 22941 DIANE OREMOVICH DIRECTOR OF HEALTH & WELLNESS 40.00 1.00 X 107083 0 15031 NANCY SMERALDO MARKETING DIRECTOR 40.00 1.00 X 117235 0 18604 ELIZABETH SIEBEN RETIREMENT LIVING COUNSELOR 40.00 1.00 X 101341 0 6036 620221 0 82521 5 0 1 0 MORRISON HEALTHCARE 400 NORTHRIDGE ROAD SUITE 600 ATLANTA GA 30350 FOOD SERVICE 2406035 FRONTIER CONSTRUCTION 7615 PLAZA COURT WILLOWBROOK IL 60527 GENERAL CONTRACTOR 514234 GLYNNDEVINS 8880 WARD PKWY STE 400 KANSAS CITY MO 64114 MARKETING CONSULTANT 381702 RESPECT PAINTING 4713 DUMOULIN AVE LISLE IL 60532 PAINTING 184936 4 600000 602029 500000 1202029 SERVICE FEES - PEACE 623990 5122853 5122853 SERVICE FEES - CIRCLE 623990 3846844 3846844 ACCOMODATION FEES 623990 759876 759876 PEACE CARE 623990 615173 615173 10344746 259321 259321 579965 910158 -330193 -330193 -330193 2459346 2462030 -2684 -2684 -2684 SUPPORT SERVICES 900099 427327 427327 COFFEE SHOP 900099 13574 13574 440901 11914120 10785647 -330193 256637 X 32000 32000 337411 337411 2956106 2509516 446590 116040 104459 11581 564682 454138 110544 246534 190324 56210 30249 30249 23783 23783 21141 21141 3182599 1694734 1487865 327676 327676 39393 31514 7879 879006 712522 166484 2912 2912 15212 529 14683 1453337 1380670 72667 2190397 2080877 109520 RESIDENT ASSISTANCE 451104 451104 SUPPLIES 204650 192125 12525 RESIDENT EXPENSES 139252 139252 REPAIRS & MAINTENANCE 110909 27306 83603 353353 68118 285235 13677746 10069188 3608558 0 1110274 1380239 2639871 2671722 101856 82540 637725 204000 42998 39499 132617 92479 63024708 36852744 27212958 26171964 3714905 3767001 894384 -25544 1396634 554845 37884222 34938745 2073536 2207695 30070438 30771182 21358891 20315389 5380466 5220687 4004265 4231797 62887596 62746750 X -25014187 -27818848 10813 10843 -25003374 -27808005 37884222 34938745 X -1763626 -1067100 26095 X 0 1 X 1 0 X 3749 7625 496282 114072 1202029 1823757 8692871 9082705 9415727 10363757 10344746 47899806 8696620 9090330 9912009 10477829 11546775 49723563 0 0 0 49723563 279933 221913 165406 262822 259321 1189395 523200 588661 587347 585068 579965 2864241 803133 810574 752753 847890 839286 4053636 188662 277667 144018 116876 440901 1168124 9688415 10178571 10808780 11442595 12826962 54945323 0.90500 0.90530 0.07380 0.07670 X 1572431 1572431 57544252 34840850 22703402 3885608 2011894 1873714 22417 22417 26171964 RESIDENT DEPOSITS 48400 SECURITY DEPOSITS 83608 FAIR VALUE OF INTEREST RATE SWAP 4096 CAPITAL LEASE PAYABLE 4095693 4231797 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 159502 0 13000 0 8286 0 11388 0 8521 0 200697 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 1100000 22278383 1944843 759 441594 4417512 16373326 1 0 1 1 A 0 1 0 0 0.00100 0.00000 0.00100 0 0 0 A 0 1 1 0 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. X KITCHEN EQUIPMENT 1 500000 FMV 0 0 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. 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 15A THE BOARD HIRED A MANAGEMENT COMPANY TO ASSIST IN THE HIRING OF A NEW CEO. THAT MANAGEMENT COMPANY AGREED THAT THE COMPENSATION OFFERED TO THE NEW CEO WAS COMPARABLE TO OTHER COMMUNITIES. ALSO THE BOARD HIRED A CONSULTANT IN 2014 TO REVIEW THE CEO'S COMPENSATION PACKAGE AND COMPARE IT TO SIMILAR ORGANIZATIONS. THE NEW CEO'S COMPENSATION PACKAGE IS VERY SIMILAR TO THE 2014 PACKAGE. 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 362,830. MANAGEMENT AND GENERAL EXPENSES 318,540. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 681,370. CONSULTING: PROGRAM SERVICE EXPENSES 1,331,904. MANAGEMENT AND GENERAL EXPENSES 1,169,325. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,501,229. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 26,095. PEACE PROPERTIES LLC 10300 VILLAGE CIRCLE PALOS PARK IL 60464 200088410 RENTAL REAL ESTATE IL 304098 5629673 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 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 PEACE MEMORIAL CHURCH B 32000 CASH PEACE LIFE CARE SYSTEM C 600000 CASH PEACE LIFE CARE SYSTEM L 9208 ACTUAL COSTS INCURRED