2017-04-26T06:16:04-05:00 2016-06-30 381357951 PLANTE & MORAN PLLC 27400 Northwestern Highway Southfield MI 48034 990 2015-07-01 300036587 GREENCROFT RETIREMENT COMMUNITIES INC GREE 5745374000 PO BOX 819 GOSHEN IN 46527 DALE SHENK TREASURER 5745374000 2017-04-21 1 DAVID LOWENTHAL P00378651 2483522500 2017-04-21 2015 2021-01-29 14:40:06Z MARK KING 1721 GREENCROFT BLVD GOSHEN IN 46526 4915425 0 X WWW.GREENCROFT.ORG X 2002 IN GREENCROFT RETIREMENT COMMUNITIES' MISSION IS TO PROVIDE MANAGEMENT & SUPPORT SERVICES TO RELATED NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE AFFORDABLE HOUSING, QUALITY CARE, AND CHARITY CARE FOR OLDER ADULTS. 9 9 38 42 0 0 2135 2300 4709525 4561350 68785 83057 4721 5960 4785166 4652667 27062 34655 0 0 3824533 4132559 0 0 0 798335 892632 4649930 5059846 135236 -407179 10847654 10382898 1774995 1741611 9072659 8641287 GREENCROFT COMMUNITIES CREATES DYNAMIC LIVING COMMUNITIES THAT EMBRACE THE CREATIVITY, CONTRIBUTIONS AND CHALLENGES OF AGING FOR ALL, GROUNDED IN SERVICE EXCELLENCE, COMPASSIONATE CARE AND MENNONITE VALUES. 0 0 3478684 34655 4561350 GREENCROFT RETIREMENT COMMUNITIES, INC (GRC) IS THE SPONSOR OF TWELVE NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITIES (CCRC) AND HUD FACILITIES. GRC PROVIDES THEM WITH SUPPORT AND SERVICES, AND GIVES 2,240 ELDERLY RESIDENTS OF ALL ECONOMIC LEVELS AN ENVIRONMENT THAT EMBRACES THEIR CREATIVITY AND CONTRIBUTIONS, AS WELL AS THE CHALLENGES OF AGING. AT LEAST 35 PERCENT OF RESIDENTS HAVE INCOME BELOW THE FEDERAL POVERTY LINE. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS ARE ELIGIBLE FOR SUPPORT FROM THE GREENCROFT COMMUNITIES FOUNDATION (ANOTHER RELATED ORGANIZATION) IF THEIR ASSETS RUN OUT. 3478684 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 87 0 1 38 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IN X DALE SHENK 5745374000 1721 GREENCROFT BLVD GOSHEN IN 46527 DENNIS BLYLY CHAIR 1.00 0.00 X X 0 0 0 BYRON SHETLER VICE CHAIR 1.00 0.00 X X 0 0 0 ROD DILLER BOARD MEMBER 1.00 0.00 X 0 0 0 AMY FLORIA BOARD MEMBER 1.00 0.00 X 0 0 0 LIZ GUNDEN BOARD MEMBER 1.00 0.00 X 0 0 0 SAM HOOVER BOARD MEMBER 1.00 0.00 X 0 0 0 LAURIE NEUMANN NAFZIGER BOARD MEMBER - PART YEAR 1.00 0.00 X 0 0 0 LOREN ROTH BOARD MEMBER 1.00 0.00 X 0 0 0 DANIELLE THOMPSON BOARD MEMBER 1.00 0.00 X 0 0 0 DAVE WEAVER BOARD MEMBER 1.00 0.00 X 0 0 0 MARK KING PRESIDENT 50.00 0.10 X 364928 0 179644 ROBERT GIBSON VICE PRESIDENT/CFO 45.00 3.50 X 200406 0 97616 DALE SHENK TREASURER 32.00 11.50 X 125190 0 36409 ANDREA KING ASSISTANT TREASURER 12.00 12.00 X 43457 0 12381 RACHEL APPLEGATE SECRETARY 38.00 2.00 X 14448 0 2806 KATHY BREWTON VP OF HUMAN RESOURCES 40.00 0.00 X 118350 0 31173 SANDRA YODER ADMINISTRATOR - GOSHEN 2.00 43.00 X 127817 0 42154 DAVID THOMPSON ADMINISTRATOR - HAVEN HUBBARD HOMES 0.00 45.00 X 113309 0 26344 JEREMY KAUFFMAN ADMINISTRATOR - WALNUT HILLS 0.00 40.00 X 112602 0 33152 JOSEPH DORAN ADMINISTRATOR - SOUTHFIELD VILLAGE 0.00 40.00 X 113318 0 7542 1333825 0 469221 8 0 1 0 D-J CONSTRUCTION COMPANY INC 3414 ELKHART ROAD GOSHEN IN 46526 CONSTRUCTION SERVICES 2113332 HEALTHCARE THERAPY SERVICES 1411 W COUNTY LINE RD SUITE A GREENWOOD IN 46142 THERAPY SERVICES 820824 SCHROCK HOMES INC 2523 MESSICK DRIVE GOSHEN IN 46526 CONSTRUCTION SERVICES 684710 MILWOOD ROOFING AND CONSTRUCITON 1176 W 800 N MILFORD IN 46542 CONSTRUCTION SERVICES 359325 HPS MI INC 3275 N M-37 HIGHWAY PO BOX 247 MIDDLEVILLE MI 49333 INTERIOR DESIGN SERVICES 354207 21 2300 2300 MGMT/AFFILIATE SUPPORT 561000 4561350 4561350 4561350 77815 77815 250000 18000 250333 12425 -333 5575 5242 5242 MISCELLANEOUS REVENUE 900099 5960 5960 5960 4652667 4561350 0 89017 34655 34655 1173687 902822 270865 2271581 1391452 880129 268231 164304 103927 286913 175748 111165 132147 80946 51201 27888 27888 35961 35961 220218 220218 54835 54835 82186 82186 30717 30717 79768 79768 33454 33454 17840 17840 104098 104098 10736 10736 PROF. DEVELOPMENT 92729 92729 FACILITY MAINTENANCE 48000 48000 DUES & SUBSCRIPTIONS 21351 21351 REPAIRS & MAINTENANCE 16633 16633 16218 16218 5059846 3478684 1581162 0 200 200 6740742 5572541 221458 264934 354 478 82573 72621 1732404 1095657 651659 636747 3150668 3835377 10847654 10382898 718480 474780 1056515 1266831 1774995 1741611 X 9072659 8641287 9072659 8641287 10847654 10382898 -407179 -24193 0 X X 0 1 X 1 0 X X 12 GREENCROFT GOSHEN INC 351270709 9 1 0 0 GREENCROFT CENTRAL MANOR INC 356047318 9 1 0 0 GREENCROFT MANOR II INC 351377430 9 1 0 0 GREENCROFT MANOR III INC 351431475 9 1 0 0 GREENCROFT HOME HEALTH SERVICES INC 351606010 9 1 0 0 GREENCROFT COMMUNITIES FOUNDATION INC 237126990 7 1 0 0 GREENCROFT MIDDLEBURY INC 300036865 9 1 0 0 SOUTHFIELD VILLAGE INC 351866553 9 1 0 0 HAVEN HUBBARD HOMES INC 350870110 9 1 0 0 CHICAGO TRAIL VILLAGE INC 310990629 9 1 0 0 OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC 351986767 9 1 0 0 WALNUT HILLS RETIREMENT COMMUNITIES INC 351317338 9 1 0 0 12 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 SCHEDULE A, PART I, LINE 11G, COL. V: THE ORGANIZATION PROVIDES CORPORATE AND MANAGEMENT SERVICES TO ALL SUPPORTED ORGANIZATIONS. SCHEDULE A, PART IV, SECTION D, LINE 3: THE SUPPORTED ORGANIZATIONS HAVE REPRESENTATION, OR THE OPPORTUNITY THERETO, ON THE AUDIT/INVESTMENT COMMITTEE THAT REVIEWS INVESTMENT POLICIES AND AUDIT PLANNING/RESULTS FOR ALL AFFILIATED ENTITIES. SEVERAL TIMES A YEAR, THE PRESIDENTS OF EACH OF THE SUPPORTED ORGANIZATIONS MEET JOINTLY WITH THE PRESIDENT AND VICE-PRESIDENT, AND OTHER SENIOR MANAGEMENT, OF GREENCROFT RETIREMENT COMMUNITIES (GRC) TO REVIEW OPERATIONS. ALSO, EITHER THE PRESIDENT OR VICE-PRESIDENT OF GRC ARE PRESENT AT ALL OF THE BOARD MEETINGS OF THE SUPPORTED ORGANIZATIONS. SCHEDULE A, PART IV, SECTION E, LINE 3A: EACH OF THESE ENTITIES HAVE ONE MEMBER, GREENCROFT RETIREMENT COMMUNITIES, INC. (GRC), THAT IS ALSO A RELATED TAX-EXEMPT ORGANIZATION. THE RESERVED POWERS OF THE SOLE MEMBER ARE AS FOLLOWS: 1. APPROVAL TO ANY CHANGES IN CORPORATE MISSION, WHICH MAY BE PROPOSED BY THE ORGANIZATION, BUT WHICH SHALL BECOME EFFECTIVE ONLY UPON APPROVAL OF GRC 2. APPROVAL OF NOMINATED CANDIDATES TO SERVE AS DIRECTOR OF THE ORGANIZATION 3. THE CREATION OR DISCONTINUATION OF PROGRAMS OR SERVICES OFFERED BY THE ORGANIZATION 4. AMENDMENTS TO THE BYLAWS AND ARTICLES OF INCORPORATION 5. APPROVAL OR THE ADOPTION OF THE ANNUAL BUDGET 6. APPROVAL OF NON-BUDGETED CONTRACTS AND/OR NON-BUDGETED PURCHASES OF OVER $50,000 7. THE INCURRENCE OF INDEBTEDNESS OF OVER $500,000 8. THE SALE OF REAL ESTATE 9. THE DONATION OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS 10. ANY MERGER OR CONSOLIDATION WITH ANY OTHER ORGANIZATION, OR THE PARTIAL OR TOTAL DISSOLUTION OF THE ORGANIZATION 11. THE CREATION OF SUBSIDIARY CORPORATIONS, LLCS, PARTNERSHIPS, OR OTHER ENTERPRISES 12. THE ACQUISITION OF CONTROLLING INTERESTS IN ANOTHER ENTITY 13. THE APPOINTMENT OF THE PRESIDENT/CEO, CFO, SECRETARY, AND TREASURER OF THE CORPORATION (BUT NOT THE OFFICERS OF THE BOARD OF DIRECTORS) 14. THE REMOVAL OF THE CHAIR OF THE BOARD OF DIRECTORS, WITH OR WITHOUT CAUSE 15. THE REMOVAL OF MEMBERS OF THE BOARD OF DIRECTORS, WITH OR WITHOUT CAUSE NOTWITHSTANDING THESE RESERVED POWERS, THE MEMBER HAS NO FINANCIAL OBLIGATIONS OR RESPONSIBILITIES FOR ANY ACTIONS OF THE ORGANIZATION BY REASON OF SERVING AS A MEMBER. SCHEDULE A, PART IV, SECTION E, LINE 3B: SEE NARRATIVE FOR SCHEDULE A, PART IV, SECTION E, LINE 3A. 383032 383032 9662 8515 1147 1339710 1087142 252568 636747 DUE FROM AFFILIATE - GREENCROFT CENTRAL MANOR 286303 DUE FROM AFFILIATE - GREENCROFT MANOR II 12374 DUE FROM AFFILIATE - GREENCROFT MANOR III 9931 DUE FROM AFFILIATE - GREENCROFT MIDDLEBURY 1995798 DUE FROM AFFILIATE - GREENCROFT GOSHEN 487660 DUE FROM AFFILIATE - HAMILTON GROVE 161200 DUE FROM AFFILIATE - CHICAGO TRAIL VILLAGE 6520 DUE FROM AFFILIATE - WALNUT HILLS RETIREMENT COMMUNITIES 628448 DUE FROM AFFILIATE - OAK GROVE CHRISTIAN RETIREMENT VILLAGE 102370 ACCRUED INTEREST RECEIVABLE 3029 DUE FROM AFFILIATE - SOUTHFIELD VILLAGE 118293 DUE FROM AFFILIATE - GREENCROFT COMMUNITIES FOUNDATION 23451 3835377 DEFERRED COMPENSATION LIABILITY 1266831 1266831 1 LEADINGAGE 2519 CONNECTICUT AVE NW WASHINGTON DC 20008 136213525 501(C)(3) 6250 N/A N/A HEALTH & SUPPORTIVE SVC GRANTS AND LEADERSHIP TRAINING MENNONITE HEALTH SERVICES 234 S MAIN ST STE A GOSHEN IN 46526 231421919 501(C)(3) 6000 N/A N/A STUDENT SPONSORSHIP AND INTERNATIONAL PROJECT CONTRIBUTIONS 2 0 Part I, Line 2: GRANTS MADE ARE UNRESTRICTED AND CAN BE USED IN ANY WAY THE RECIPIENT SEES FIT TO FURTHER ITS TAX-EXEMPT PURPOSE. X X 0 1 0 0 0 0 0 0 0 MARK KING PRESIDENT 331103 0 31000 0 2825 0 151581 0 28063 0 544572 0 0 0 ROBERT GIBSON VICE PRESIDENT/CFO 198699 0 0 0 1707 0 76733 0 20883 0 298022 0 0 0 DALE SHENK TREASURER 120045 0 5000 0 145 0 8124 0 28285 0 161599 0 0 0 SANDRA YODER ADMINISTRATOR - GOSHEN 125225 0 2500 0 92 0 24468 0 17686 0 169971 0 0 0 Part I, Line 4b KATHY BREWTON - $0 ROBERT GIBSON - $0 MARK KING - $0 SCHEDULE J, PART I, LINE 3: A COMPLETE DESCRIPTION OF THE ORGANIZATION'S COMPENSATION PHILOSOPHY AND METHODOLOGY FOR ESTABLISHING COMPENSATION IS PROVIDED ON SCHEDULE O UNDER THE HEADING "FORM 990, PART VI. SECTION B, LINE 15." SCHEDULE J, PART I, LINE 4B: 2000 SERP: EFFECTIVE JANUARY 1, 2000, THE BOARD OF DIRECTORS OF GREENCROFT GOSHEN ESTABLISHED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN UNDER SECTION 457(F) TO PROVIDE ITS EXECUTIVE GROUP OF EMPLOYEES WITH CERTAIN RETIREMENT BENEFITS. THE EXECUTIVE MUST BE EMPLOYED UNTIL AGE 62 TO RECEIVE THE BENEFIT. THE PLAN WAS FROZEN IN 2005. NO PAYMENTS WERE MADE TO LISTED PERSONS IN CALENDAR YEAR 2015. PARTICIPANTS OF THIS PLAN ARE KATHY BREWTON AND ROBERT GIBSON. 2011 AND 2014 RETENTION SERP: THE RETENTION SERPS ARE DESIGNED TO RETAIN STAFF UP TO A CERTAIN AGE. THE PAYMENT INTO THE FUND IS BASED ON ANNUALLY REACHING THE BOARD'S FINANCIAL AND QUALITY TARGETS. IF THESE TARGETS ARE MET, THE BOARD PLACES A PAYMENT INTO THE FUND ON BEHALF OF THE EMPLOYEES. THE GOAL IS TO RETAIN THE EMPLOYEE BY PAYING A MARKET COMPETITIVE WAGE IF THE EMPLOYEE STAYS WITH THE ORGANIZATION UNTIL AGE 62 AND 63. THE BOARD WILL NOT PAY ABOVE THE 75TH PERCENTILE OF THE MARKET RANGE FOR THE POSITION IN A GIVEN YEAR, INCLUDING THE SERP AMOUNT ALLOWED FOR THE EMPLOYEE. PARTICIPANTS OF THIS PLAN ARE ROBERT GIBSON AND MARK KING. Form 990, Part VI, Section A, line 7a THE ORGANIZATION DOES NOT HAVE MEMBERS. THE ORGANIZATION'S SPONSOR, MENNONITE HEALTH SERVICES, APPOINTS SIX OF THE NINE DIRECTORS OF THE BOARD ("SPONSOR APPOINTED DIRECTORS"). A SPONSOR APPOINTED DIRECTOR MAY BE REMOVED AT ANY TIME WITH OR WITHOUT CAUSE. Form 990, Part VI, Section B, line 11 A FINAL DRAFT OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, IS PRESENTED BY OUR TAX ADVISORS TO THE ORGANIZATION'S AUDIT COMMITTEE AT A REGULARLY SCHEDULED MEETING. A COPY OF THE FINAL DRAFT IS THEN PROVIDED TO EACH BOARD MEMBER PRIOR TO ITS FILING. THIS ALLOWS THE BOARD OF DIRECTORS AND MANAGEMENT TO REVIEW AND PROVIDE COMMENTS AND EXPLANATIONS REGARDING CHANGES TO THE REDESIGNED FORM. Form 990, Part VI, Section B, line 12c BOARD MEMBERS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THEY MAY HAVE WITH THE ORGANIZATION. THE TREASURER REVIEWS EACH POLICY STATEMENT SIGNED BY THESE INDIVIDUALS TO DETERMINE IF ANY CONFLICTS HAVE OCCURRED AND NEED TO BE BROUGHT TO THE ATTENTION OF THE BOARD. IF A CONFLICT ARISES, THE RESPECTIVE BOARD MEMBER WILL ABSTAIN HIM/HERSELF FROM ANY RELATED DISCUSSION, VOTE OR SIMILAR ACTION ON THE MATTER. Form 990, Part VI, Section B, line 15 GREENCROFT COMMUNITIES' (GC) PHILOSOPHY IS TO COMPENSATE TEAM MEMBERS IN A FAIR MANNER FOR THE WORTH OF WORK PROVIDED WITHIN THE CURRENT MARKET VALUE RANGE FOR EACH POSITION IN THE ORGANIZATION. GC WILL CONDUCT PERIODIC REVIEW OF THE MARKET TO DEVELOP AVERAGE WAGES FOR POSITIONS WITHIN GREENCROFT COMMUNITIES. GREENCROFT COMMUNITIES WILL START EMPLOYEES THAT MEET THE MINIMUM REQUIREMENTS FOR THE POSITION AT/OR NEAR THE STARTING WAGE. EMPLOYEES WITH EXPERIENCE IN A JOB ARE HIRED HIGHER UP IN THE WAGE SCALE. A HIRING GRID IS USED FOR UP TO ELEVEN YEARS OF EXPERIENCE. OUR COMPENSATION PHILOSOPHY FOR STAFF OF OUR ORGANIZATION IS BASED ON THE VARIOUS TIERS. THE FIRST TIER IS GENERAL AND MANAGEMENT STAFF. WE HAVE HIRED AN OUTSIDE CONSULTANT TO DEVELOP A COMPENSATION SYSTEM FOR ALL OF GREENCROFT COMMUNITIES' POSITIONS. THE CONSULTANTS DEVELOPED A SYSTEM WITH WAGE SCALES THAT USE THE MARKETPLACE AVERAGE FOR KEY POSITIONS AS THE STARTING POINT FOR THE SCALES. THE WAGE SCALES HAVE A MINIMUM, A 25TH PERCENTILE, A 50TH PERCENTILE (AVERAGE) A 75TH PERCENTILE AND A MAXIMUM. WE STRIVE TO KEEP THE AVERAGE PAY IN THE MARKETPLACE FOR POSITIONS AT THE MID-POINT OF OUR PAY RANGE FOR A POSITION DEVELOPED BY OUR CONSULTANTS. PERIODICALLY WE HIRE A CONSULTANT TO UPDATE THE MARKETPLACE AVERAGE FOR SEVERAL KEY POSITIONS. THE CONSULTANT WILL USE AREA MARKETPLACE DATA, LEADINGAGE DATA, AND OTHER INDUSTRY DATA TO DEVELOP THE AVERAGE. OUR COMPENSATION PHILOSOPHY FOR EXECUTIVE STAFF (VICE PRESIDENTS AND ABOVE) OF OUR ORGANIZATION IS SLIGHTLY DIFFERENT. THE SECOND TIER IS VICE PRESIDENTS. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR STAFF. HOWEVER, OUR POLICY STATES THAT VICE PRESIDENTS CAN EARN UP TO THE 85TH PERCENTILE OF THE RANGE FOR THEIR POSITION. OUR THIRD TIER IS SENIOR VICE PRESIDENTS AND CEO STAFF. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR STAFF. HOWEVER, THERE ARE TWO DIFFERENCES. FIRST, THE POLICY STATES THAT SENIOR VICE PRESIDENTS AND THE CEO CAN EARN UP TO THE 75TH PERCENTILE OF THE RANGE FOR THEIR POSITION. THE PAY RANGE USES THE MARKETPLACE MEDIAN AS THE MID-POINT FOR THESE PAY RANGES, NOT THE MARKETPLACE AVERAGE. GENERALLY, THE MEDIAN IS BELOW THE AVERAGE. THE BOARD HAS ALSO DESIGNED A QUALIFIED DEFERRED COMPENSATION PROGRAM FOR THIS TIER OF EMPLOYEE. ANNUALLY THE BOARD SETS ASIDE UP TO 10% OF THESE EMPLOYEES' WAGES IN THIS PROGRAM. ANNUALLY THE BOARD REVIEWS THE SALARY AND WAGE COMPARISONS FOR EACH EXECUTIVE STAFF MEMBER. A FISCAL YEAR 2016 SURVEY OF OUR EXECUTIVE POSITIONS SHOW THE FOLLOWING BREAKDOWNS: VICE PRESIDENT, SENIOR VICE PRESIDENT & CEO: NUMBER OF EMPLOYEES IN GROUP 0 TO 24TH PERCENTILE 0 (0%) 25TH TO 49TH PERCENTILE 1 (8%) 50TH TO 74TH PERCENTILE 9 (69%) 75TH TO 100TH PERCENTILE 3 (23%) THE OVERALL COMPENSATION POLICY, THE VPS COMPENSATION POLICES AND THE CEO COMPENSATION POLICY ARE APPROVED BY THE GREENCROFT COMMUNITIES (GC) BOARD OF DIRECTORS. THE VARIOUS AFFILIATES IN THE GC STRUCTURE REVIEW THE COMPENSATION POLICIES. ANNUALLY THE GC BOARD AND ITS AFFILIATE BOARDS REVIEW THE COMPENSATION OF THEIR RESPECTIVE EXECUTIVE TEAMS. THEY COMPARE BASE WAGES AND VARIABLE PAY PLAN WITH NATIONAL DATA PROVIDED BY LEADINGAGE (FORMERLY THE AMERICAN ASSOCIATION OF HOMES AND SERVICES FOR THE AGING - AAHSA). THE BOARDS REVIEW THE CURRENT WAGE, THE PERCENTILE RANKING OF THE EMPLOYEE IN HIS/HER RESPECTIVE RANGE AND THE MEDIAN OF THE MARKETPLACE COMPARED TO THE MID-POINT OF THE EMPLOYEE'S RANGE. THE BOARDS DOCUMENT THESE MEETINGS AND ACTIONS TAKEN IN THEIR BOARD MINUTES. THE GC BOARD HAS REVIEWED THE BASE WAGE AND THE VARIABLE PAY FOR THE PRESIDENT AND CEO OF GREENCROFT COMMUNITIES. IN THE FISCAL YEAR 2016 THIS POSITION WAS, COMPARED TO SIMILAR SIZE NON-PROFIT ORGANIZATIONS, AT THE 56TH PERCENTILE OF THE MARKET FOR BASE COMPENSATION, THE 51ST PERCENTILE OF THE MARKET FOR TOTAL CASH COMPENSATION AND AT THE 0 PERCENTILE OF THE MARKET FOR THE VARIABLE PAY COMPENSATION. THE LEADINGAGE/ZIEGLER 2015 DATA SHOWS TOTAL COMPENSATION TO BE $265,460 TO $544,270. THE GC BOARD HAS REVIEWED THE BASE WAGE AND THE VARIABLE PAY FOR THE CFO OF GREENCROFT COMMUNITIES. IN THE FISCAL YEAR 2016 THIS POSITION WAS, COMPARED TO SIMILAR SIZE NON-PROFIT ORGANIZATIONS, AT THE 63RD PERCENTILE OF THE RANGET FOR BASE COMPENSATION, THE 63RD PERCENTILE OF THE MARKET FOR TOTAL CASH COMPENSATION AND AT THE 0 PERCENTILE OF THE MARKET FOR THE VARIABLE PAY COMPENSATION. THE LEADINGAGE/ZIEGLER 2015 DATA SHOWS TOTAL COMPENSATION TO BE $180,130 TO $281,120. FIVE YEARS AGO THE BOARD ADDED AN UNQUALIFIED SERP PROGRAM FOR THE TOP TWO EXECUTIVES (THE CEO AND THE CFO) OF THE ORGANIZATION. THE PURPOSE IS IN RECOGNITION OF TEN YEARS OF POSITIVE PERFORMANCE AND TO SERVE AS A RETENTION INCENTIVE, SO THE ORGANIZATION DOES NOT LOSE THIS TALENT TO OTHERS OFFERING A MORE COMPETITIVE WAGE. PAYMENTS INTO THE SERP ARE BASED ON LONGEVITY AND ORGANIZATIONAL PERFORMANCE. ANNUALLY THE BOARD REVIEWS FINANCIAL PERFORMANCE AND ALLOCATES A DOLLAR AMOUNT INTO AN UNQUALIFIED SERP FOR THESE TWO EXECUTIVES. THE EXECUTIVES NEED TO BE EMPLOYED AT GC AT THE QUALIFYING AGE TO BE ELIGIBLE FOR PAYMENT FROM THIS FUND, IF THEY ARE NOT EMPLOYED THE FUNDS REMAIN WITH GC. IF THE EXECUTIVES WERE TO RECEIVE THE FUNDS TODAY, THEY WOULD EARN APPROXIMATELY THE 51ST AND 63RD PERCENTILE OF TOTAL COMPENSATION COMPARED TO PEERS WITH THE RANGE FOR THEIR RESPECTIVE POSITIONS. ADDITIONALLY, THE BOARD LOOKED AT TWO ADDITIONAL DATA SOURCES FOR WAGE COMPARISONS. 1) GUIDESTAR 2013 DATA SHOWS THAT CEOS OF RETIREMENT ORGANIZATIONS OF SIMILAR SIZE BASE COMPENSATION RANGE FROM $292,000 TO $674,000-- GC PRESIDENT IS AT THE 24TH PERCENTILE OF THE RANGE FOR CCRCS COUNTERPART ORGANIZATIONS. 2) LEADINGAGE/ZIEGLER 2015 DATA SHOWS THAT FOR-PROFIT CEOS BASE COMPENSATION RANGE IS $262,100 TO $883,400 AND TOTAL CASH COMPENSATION RANGE IS $940,000 TO $2,233,300. THIS PROCESS WAS LAST PERFORMED IN FISCAL YEAR 2016. Form 990, Part VI, Section C, line 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. FORM 990, PART XII, LINE 2C: THE AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GREENCROFT COMMUNITIES FOUNDATION INC PO BOX 819 GOSHEN IN 46527 237126990 FUNDRAISING IN 501(c)(3) Line 7 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT CENTRAL MANOR INC PO BOX 819 GOSHEN IN 46527 356047318 HOUSING IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MANOR II INC PO BOX 819 GOSHEN IN 46527 351377430 HOUSING IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MANOR III INC PO BOX 819 GOSHEN IN 46527 351431475 HOUSING IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT MIDDLEBURY INC PO BOX 819 GOSHEN IN 46527 300036865 HOUSING IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 GREENCROFT HOME HEALTH SERVICES INC PO BOX 819 GOSHEN IN 46527 351606010 HOME HEALTH IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 HAVEN HUBBARD HOMES INC DBA HAMILTON GROVE 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 350870110 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 SOUTHFIELD VILLAGE INC 6450 MIAMI CIRCLE SOUTH BEND IN 46614 351866553 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 WALNUT HILLS RETIREMENT COMMUNITIES INC PO BOX 129 WALNUT CREEK OH 44687 351317338 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 CHICAGO TRAIL VILLAGE INC 31891 CHICAGO TRAIL NEW CARLISLE IN 46552 310990629 HOUSING IN 501(c)(3) Line 9 HAVEN HUBBARD HOMES INC DBA HAMILTON GROVE 1 OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC 221 WEST DIVISION ROAD DEMOTTE IN 46310 351986767 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 1 MENNONITE HEALTH SERVICES 234 S MAIN STREET SUITE A GOSHEN IN 46526 231421919 HEALTHCARE IN 501(c)(3) Line 9 GREENCROFT RETIREMENT COMMUNITIES INC 0 GREENCROFT MANAGEMENT INC PO BOX 819 GOSHEN IN 46527 270259652 MANAGEMENT SERVICES IN GREENCROFT RETIREMENT COMMUNITIES INC C 9341 60023 1.00000 1 1 1 0 1 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0 GREENCROFT MIDDLEBURY INC L 71775 ACTUAL COST GREENCROFT GOSHEN INC L 1541206 ACTUAL COST GREENCROFT MANAGEMENT INC L 180886 ACTUAL COST HAVEN HUBBARD HOMES INC L 441546 ACTUAL COST OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC L 429101 ACTUAL COST SOUTHFIELD VILLAGE INC L 318599 ACTUAL COST WALNUT HILLS RETIREMENT COMMUNITIES INC L 502295 ACTUAL COST GREENCROFT MANOR II INC L 104627 ACTUAL COST GREENCROFT MANOR III INC L 70716 ACTUAL COST GREENCROFT MIDDLEBURY INC D 1750000 CASH VALUE GREENCROFT CENTRAL MANOR INC L 54696 ACTUAL COST GREENCROFT GOSHEN INC M 55677 ACTUAL COST GREENCROFT MIDDLEBURY INC A 8750 ACTUAL COST GREENCROFT CENTRAL MANOR INC D 69946 CASH VALUE GREENCROFT GOSHEN INC A 45600 ACTUAL COST