HOLY CROSS VILLAGE AT NOTRE DAME INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- HOLY CROSS VILLAGE AT NOTRE DAME INC (EIN 35-2084623)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-02-15
- IRS object ID
- 201710469349301531
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-02-15T11:00:29-06:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE HORWATH LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 West Wacker Drive | AddressLine1Txt |
| Address Line2 | Suite 2600 | AddressLine2Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606061224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 352084623 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Holy Cross Village at Notre Dame Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HOLY | BusinessNameControlTxt |
| Phone | 5742862373 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 54515 State Road 933 N PO Box 303 | AddressLine1Txt |
| City | Notre Dame | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 465560303 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Bill Quig | PersonNm |
| Person Title | CFO | PersonTitleTxt |
| Signature | 2017-01-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jennifer Burke | PreparerPersonNm |
| PTIN | P01342224 | PTIN |
| Phone | 3128997000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bill Quig | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 54515 State Road 933 N | AddressLine1Txt |
| Address Line2 | PO Box 303 | AddressLine2Txt |
| City | Notre Dame | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 465560303 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $18,697,020 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Group Exemption | 0928 | GroupExemptionNum |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.HolyCrossVillage.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | IN | LegalDomicileStateCd |
| Activity Or Mission | Holy Cross Village at Notre Dame is an interdependent community energized by Holy Cross spirituality and hospitality, and dedicated to providing a nurturing environment focused on dignity and respect. | ActivityOrMissionDesc |
| Voting Members Governing Body | 10 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 9 | VotingMembersIndependentCnt |
| Total Employee | 172 | TotalEmployeeCnt |
| Total Volunteers | 191 | TotalVolunteersCnt |
| Total Gross UBI | $361,810 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $43,036 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $799,774 | PYContributionsGrantsAmt |
| CY Contributions Grants | $800,299 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $12,529,629 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $12,817,191 | CYProgramServiceRevenueAmt |
| PY Investment Income | $175,051 | PYInvestmentIncomeAmt |
| CY Investment Income | $227,732 | CYInvestmentIncomeAmt |
| PY Other Revenue | $418,556 | PYOtherRevenueAmt |
| CY Other Revenue | $534,443 | CYOtherRevenueAmt |
| PY Total Revenue | $13,923,010 | PYTotalRevenueAmt |
| CY Total Revenue | $14,379,665 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $2,259 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $5,326,069 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,163,399 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $10,731,562 | PYOtherExpensesAmt |
| CY Other Expenses | $10,763,268 | CYOtherExpensesAmt |
| PY Total Expenses | $16,059,890 | PYTotalExpensesAmt |
| CY Total Expenses | $15,926,667 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,136,880 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$1,547,002 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $50,622,109 | TotalAssetsBOYAmt |
| Total Assets EOY | $49,403,936 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $61,399,597 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $65,023,293 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$10,777,488 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$15,619,357 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Holy Cross Village at Notre Dame is an interdependent community energized by Holy Cross spirituality and hospitality, and dedicated to providing a nurturing environment focused on dignity and respect. Holy Cross Village at Notre Dame was established as a faith-based, non-profit organization and has since dedicated itself to providing housing, healthcare, and support services exclusively to older adults in ways that promote independence and a healthy, active lifestyle through a continuing care retirement community. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $9,239,501 | ExpenseAmt |
| Revenue | $7,770,135 | RevenueAmt |
| Desc | INDEPENDENT AND ASSISTED LIVING: HOLY CROSS VILLAGE AT NOTRE DAME (HOLY CROSS VILLAGE) PROVIDES A COMPREHENSIVE SELECTION OF RESIDENTIAL LIVING OPTIONS SUPPORTED BY A FULL CONTINUUM OF ON-SITE HEALTH CARE. INDEPENDENT LIVING RESIDENTS ENJOY AN ACTIVE LIFESTYLE, COMPLEMENTED BY SUPERIOR SERVICES AND AMENITIES. PLUS, THEY HAVE THE ASSURANCE OF ON-SITE QUALITY HEALTH CARE, IF EVER NEEDED, AT AN AFFORDABLE, PREDICTABLE COST. HOLY CROSS VILLAGE IS AN INTERDEPENDENT COMMUNITY ENERGIZED BY HOLY CROSS SPIRITUALITY AND HOSPITALITY, AND DEDICATED TO PROVIDING A NURTURING ENVIRONMENT FOCUSED ON DIGNITY AND RESPECT. HOLY CROSS VILLAGE GOES BEYOND WHAT'S EXPECTED TO OFFER A LIFESTYLE THAT ALLOWS RESIDENTS TO LIVE AS INDEPENDENTLY AS POSSIBLE, WHILE STAYING CLOSE TO FAMILY, FRIENDS, AND THE BEST CARE AVAILABLE. RESIDENTS HAVE PEACE OF MIND KNOWING THEIR FUTURES ARE SECURE, WHICH IS SOMETHING THEY WILL VALUE AS MUCH TODAY AS THEY WILL TOMORROW. HOLY CROSS VILLAGE IS ALSO A LICENSED ASSISTED LIVING COMMUNITY, AND OUR ASSISTED LIVING APARTMENTS ALLOW FOR PRIVACY AND INDEPENDENCE. IF RESIDENTS REQUIRE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, OUR COMPREHENSIVE RANGE OF SUPPORTIVE SERVICES IS DESIGNED TO FIT THEIR NEEDS, AND OUR CARING STAFF IS AVAILABLE 24 HOURS A DAY TO ASSIST THEM. DURING THE YEAR ENDED JUNE 30, 2016 THE ORGANIZATION PROVIDED SERVICES TO 208 RESIDENTS IN AN INDEPENDENT LIVING SETTING WITH 152 APARTMENTS AND VILLAS, AS WELL AS 60 RESIDENTS IN AN ASSISTED LIVING SETTING WITH 46 APARTMENTS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $4,312,820 | ExpenseAmt |
| Revenue | $5,047,056 | RevenueAmt |
| Desc | SKILLED NURSING AND MEMORY CARE: HOLY CROSS VILLAGE IS LICENSED BY THE STATE DEPARTMENT OF HEALTH AS A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) AND A SKILLED NURSING FACILITY. SERVICES ARE RESIDENT-CENTERED AND ARE FOCUSED ON LONG-TERM HEALTH CARE NEEDS AND/OR DIRECTED TO INDIVIDUALS THAT ARE RECOVERING FROM A BRIEF ILLNESS AND NEED TO REBUILD STRENGTH. REHABILITATION SERVICES ARE DELIVERED IN A RESIDENT-CENTERED PROGRAM THAT IS FOCUSED ON ACHIEVING POSITIVE OUTCOMES. RESIDENTS RECEIVE 24-HOUR NURSING SUPERVISION AND RESTORATIVE THERAPIES THAT ARE PHYSICIAN DIRECTED. THE ONSITE REHABILITATION CENTER DELIVERS PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES AS WELL AS OTHER SPECIALIZED SERVICES TO MEET REHABILITATION NEEDS. MEMORY CARE ACCOMMODATIONS ARE OFFERED IN A SECURED ENVIRONMENT DESIGNED TO MEET THE NEEDS OF SENIORS WITH ALZHEIMER'S, DEMENTIA AND OTHER MEMORY LOSS. INDIVIDUALS WHO NEED HELP WITH DAY-TO-DAY LIVING RECEIVE SPECIAL ENCOURAGEMENT TO ADD MEANING AND FULFILLMENT TO THEIR LIVES. SERVICES ARE TAILORED SPECIFICALLY TO EACH RESIDENT WHILE SUPPORTING A HEALTHY LIFESTYLE IN A SECURED AREA THAT HAS ACCESS TO A COURTYARD AND VIEWS OF A WOODED AREA. CERTIFIED NURSING ASSISTANTS PROVIDE STANDBY AND HANDS ON ASSISTANCE WITH BATHING, GROOMING AND ESCORTS. RESIDENTS ARE ENCOURAGED TO CONTINUE ACTIVITIES THEY LOVE AND ENJOY. A WIDE RANGE OF LIFE ENRICHING ACTIVITIES ARE PLANNED FOR RESIDENTS EACH DAY THAT ARE TARGETED TO RAISE SPIRITS, STIMULATE MINDS AND PROMOTE HAPPINESS. DURING THE YEAR ENDED JUNE 30, 2016, THE ORGANIZATION PROVIDED SERVICES TO 132 RESIDENTS IN A NURSING SETTING WITH 36 BEDS AND A NURSING DEMENTIA CENTER WITH 12 ROOMS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $13,552,321 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (true) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | Yes (true) | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (true) | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 46 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 172 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 10 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 9 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (true) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IN | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Bill Quig | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5742862373 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 54515 STATE ROAD 933 NORTH | AddressLine1Txt |
| City | NOTRE DAME | CityNm |
| State Abbreviation | IN | StateAbbreviationCd |
| ZIP | 465560303 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Kathleen Brickley | ||||||||
| Chairperson | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Tom Veldman | ||||||||
| Vice Chairperson | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| James Keenan | ||||||||
| Treasurer | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Richard Gilman | ||||||||
| Secretary | 1.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| Thomas Cassady Jr | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Linda Paskiewicz | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Br William Nick | ||||||||
| Director (Partial Year to May 2016) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Br Chester Freel CSC | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Donald Fozo | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Br Lawrence Skitzki | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Br JAMES VAN DYKE CSC | ||||||||
| Director | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| Sr Ruth Marie Nickerson CSC | ||||||||
| Director (Partial Year to May 2016) | 1.0 | Yes (X) | $0 | $0 | $0 | |||
| William Quig | ||||||||
| CFO | 36.0 | Yes (X) | $122,844 | $0 | $22,237 | 1.0 | ||
| John Mauch | ||||||||
| President/CEO | 50.0 | Yes (X) | $146,247 | $0 | $10,031 | 1.0 | ||
| Jack Mueller | ||||||||
| Administrator | 40.0 | $108,300 | $0 | $10,129 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $377,391 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $42,397 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | Yes (true) | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Sodexo Inc and Affiliates | |||||
| 4880 PAYSPHERE CIRCLE | CHICAGO | IL | 60674 | Dining Services | $1,954,875 |
| Healthwin | |||||
| 20531 Darden Rd | South Bend | IN | 46637 | Therapy services | $575,217 |
| Howard Custom Enterprises Inc | |||||
| 21240 Johnson Road | South Bend | IN | 46614 | General contractor | $368,395 |
| Talboom | |||||
| 26981 Kline Trail | South Bend | IN | 46614 | Landscaping | $214,798 |
| Brown & Brown | |||||
| PO Box 487 | Wakarusa | IN | 46573 | General contractor | $197,358 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Related Organizations | $763,904 | RelatedOrganizationsAmt |
| All Other Contributions | $36,395 | AllOtherContributionsAmt |
| Total Contributions | $800,299 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| Independent and assisted living | 623000 | $7,770,135 | $7,770,135 |
| Nursing services | 623000 | $5,047,056 | $5,047,056 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $12,817,191 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $226,959 | TotalRevenueColumnAmt |
| Exclusion | $226,959 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,914 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $12,914 | RealAmt |
| Personal | $0 | PersonalAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $12,914 | TotalRevenueColumnAmt |
| Exclusion | $12,914 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,316,128 | SecuritiesAmt |
| Other | $2,000 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,317,355 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,227 | SecuritiesAmt |
| Other | $2,000 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $773 | TotalRevenueColumnAmt |
| Exclusion | $773 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | ExclusionExclusionAmt |
|---|---|---|---|---|
| Security services | 811000 | $361,810 | $361,810 | |
| Dining, cafeteria & snack shop | 900099 | $44,728 | $44,728 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $114,991 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $114,991 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $521,529 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $14,379,665 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $12,817,191 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $361,810 | UnrelatedBusinessRevenueAmt |
| Exclusion | $400,365 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $271,508 | TotalAmt |
| Management And General | $271,508 | ManagementAndGeneralAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,474 | TotalAmt |
| Program Services | $38,474 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,018,682 | TotalAmt |
| Program Services | $3,232,995 | ProgramServicesAmt |
| Management And General | $785,687 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $99,805 | TotalAmt |
| Program Services | $79,844 | ProgramServicesAmt |
| Management And General | $19,961 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $422,734 | TotalAmt |
| Program Services | $338,187 | ProgramServicesAmt |
| Management And General | $84,547 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $312,196 | TotalAmt |
| Program Services | $249,757 | ProgramServicesAmt |
| Management And General | $62,439 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $50,406 | TotalAmt |
| Management And General | $50,406 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,788 | TotalAmt |
| Management And General | $65,788 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,834,039 | TotalAmt |
| Program Services | $2,542,345 | ProgramServicesAmt |
| Management And General | $291,694 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $68,028 | TotalAmt |
| Management And General | $68,028 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,471,802 | TotalAmt |
| Program Services | $1,329,188 | ProgramServicesAmt |
| Management And General | $142,614 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,707 | TotalAmt |
| Program Services | $325 | ProgramServicesAmt |
| Management And General | $115,382 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $541,346 | TotalAmt |
| Program Services | $541,346 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,066 | TotalAmt |
| Program Services | $701 | ProgramServicesAmt |
| Management And General | $5,365 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,038 | TotalAmt |
| Program Services | $11,482 | ProgramServicesAmt |
| Management And General | $41,556 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,747,756 | TotalAmt |
| Program Services | $1,747,756 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,286,880 | TotalAmt |
| Program Services | $3,267,314 | ProgramServicesAmt |
| Management And General | $19,566 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $178,900 | TotalAmt |
| Management And General | $178,900 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| BAD DEBT EXPENSE | $100,403 | $100,403 | |
| DUES AND SUBSCRIPTIONS | $28,915 | $14,390 | $14,525 |
| RECRUITMENT, TRAINING AND DEVELOPMENT | $16,164 | $16,164 | |
| UNIFORMS | $17,943 | $14,456 | $3,487 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,087 | TotalAmt |
| Program Services | $43,358 | ProgramServicesAmt |
| Management And General | $136,729 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,926,667 | TotalAmt |
| Program Services | $13,552,321 | ProgramServicesAmt |
| Management And General | $2,374,346 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $99,294 | BOYAmt |
| EOY | $401,107 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,231,100 | BOYAmt |
| EOY | $5,131,785 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $531,633 | BOYAmt |
| EOY | $536,085 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,894 | BOYAmt |
| EOY | $42,761 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,422 | BOYAmt |
| EOY | $102,287 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $59,646,650 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,739,240 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,760,820 | BOYAmt |
| EOY | $31,907,410 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,283,284 | BOYAmt |
| EOY | $8,428,381 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,090,452 | BOYAmt |
| EOY | $1,078,884 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,518,210 | BOYAmt |
| EOY | $1,775,236 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,622,109 | BOYAmt |
| EOY | $49,403,936 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,259,411 | BOYAmt |
| EOY | $930,965 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,144 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,225,206 | BOYAmt |
| EOY | $31,035,868 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $33,864,836 | BOYAmt |
| EOY | $33,056,460 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,399,597 | BOYAmt |
| EOY | $65,023,293 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$11,882,940 | BOYAmt |
| EOY | -$16,709,722 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,105,452 | BOYAmt |
| EOY | $1,090,365 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$10,777,488 | BOYAmt |
| EOY | -$15,619,357 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,622,109 | BOYAmt |
| EOY | $49,403,936 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$1,547,002 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$215,990 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$3,078,877 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,726 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $28,991 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $375,350 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $751,042 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $800,299 | CurrentTaxYearAmt |
| Total | $1,985,408 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,781,371 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,692,731 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,120,903 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,529,629 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,817,190 | CurrentTaxYearAmt |
| Total | $60,941,824 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $82,718 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $73,651 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $102,929 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $118,808 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $159,719 | CurrentTaxYearAmt |
| Total | $537,825 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,893,815 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,795,373 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,599,182 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,399,479 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,777,208 | CurrentTaxYearAmt |
| Total | $63,465,057 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $63,465,057 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $174,962 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $149,094 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $114,787 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $176,275 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $240,646 | CurrentTaxYearAmt |
| Total | $855,764 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $174,962 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $149,094 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $114,787 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $176,275 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $240,646 | CurrentTaxYearAmt |
| Total | $855,764 | TotalAmt |
Net Income From Other UBI NetIncomeFromOtherUBIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $41,732 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $43,036 | CurrentTaxYearAmt |
| Total | $84,768 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $12,068,777 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $11,944,467 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $12,713,969 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $13,617,486 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $14,060,890 | CurrentTaxYearAmt |
| Total | $64,405,589 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.9854 | PublicSupportCY509Pct |
| Public Support PY509 | 0.9883 | PublicSupportPY509Pct |
| Investment Income CY | 0.0133 | InvestmentIncomeCYPct |
| Investment Income PY | 0.0099 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule A, Part III, Line 12 Other Income | FormAndLineReferenceDesc |
| Explanation | DESCRIPTION - MANAGEMENT CONTRACTS, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 0.0, COLUMN F - 0.0; | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $84,046 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | -$2,691 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $4,137 | GrantsOrScholarshipsAmt |
| End Year Balance | $77,218 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $82,214 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $2,915 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $1,083 | GrantsOrScholarshipsAmt |
| End Year Balance | $84,046 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $78,244 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $7,879 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,909 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $82,214 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $73,765 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $8,202 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,723 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $78,244 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $75,835 | BeginningYearBalanceAmt |
| Contributions | $0 | ContributionsAmt |
| Investment Earnings Or Losses | $1,441 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $3,511 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $73,765 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.0 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 1.0 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.0 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | Yes (true) | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $37,236,105 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,394,027 | DepreciationAmt |
| Book Value | $22,842,078 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,103,869 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,994,589 | DepreciationAmt |
| Book Value | $1,109,280 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $18,124,173 | OtherCostOrOtherBasisAmt |
| Depreciation | $10,244,764 | DepreciationAmt |
| Book Value | $7,879,409 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $182,503 | OtherCostOrOtherBasisAmt |
| Depreciation | $105,860 | DepreciationAmt |
| Book Value | $76,643 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $31,907,410 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)
| DescDesc | AmtAmt |
|---|---|
| Refundable and unearned entrance fees | $32,284,832 |
| Capital lease obligation | $23,638 |
| Resident deposits | $657,662 |
| Accrued interest payable | $90,328 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $33,056,460 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $14,445,950 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$215,990 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $293,843 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | -$11,568 | OtherRevenueAmt |
| Revenue Not Reported | $66,285 | RevenueNotReportedAmt |
| Revenue Subtotal | $14,379,665 | RevenueSubtotalAmt |
| Other Revenues Not Included | $0 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $14,379,665 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $17,769,156 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $293,843 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $1,548,646 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $1,842,489 | ExpensesNotReportedAmt |
| Expenses Subtotal | $15,926,667 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $0 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $15,926,667 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule D, Part V, Line 4 Intended uses of endowment funds | Endowment funds are held by The Community Foundation of St. Joseph County for the benefit of Holy Cross Village at Notre Dame. The endowment funds are intended to provide funding to support Holy Cross Village at Notre Dame's mission and tax-exempt purpose. |
| Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | The organization is exempt from income taxes on income from related activities under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding state tax law. Accordingly, no provision has been made for federal or state income taxes. U.S. GAAP requires that a tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. Due to its tax-exempt status, the Organization is not subject to U.S. federal income tax or state income tax. The Organization's Form 990 has not been subject to examination by the Internal Revenue Service or the state of Indiana for the last three years. The Organization does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Organization recognizes interest and/or penalties related to income tax matters in income tax expense. The Organization did not have any amounts accrued for interest and penalties at June 30, 2016 or 2015. |
| Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 | Change in beneficial interest of Holy Cross Village Foundation - -11568 |
| Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 | Unrealized loss on interest rate swap agreement - 1548646 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| St Joseph County Indiana | ||||||||
| A | 356000194 | 790608CR2 | 2006-03-30 | $36,701,276 | construct and equip new facility | Yes (true) | false | false |
| Indiana Finance Authority | ||||||||
| B | 351602316 | 000000000 | 2015-11-24 | $25,965,000 | REFUND 2006A&B & CONSTUCT, INSTALL, AND REMODEL FACILITY | false | false | false |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Bond DefeasedBondDefeasedAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Credit EnhancementCreditEnhancementAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | UnspentUnspentAmt | Substantial CompletionSubstantialCompletionYr | Current RefundingCurrentRefundingInd | Advance RefundingAdvanceRefundingInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $32,350,000 | $3,900,000 | $38,699,784 | $0 | $2,354,770 | $52,952 | $722,500 | $325,409 | $0 | $32,393,602 | $2,850,552 | $0 | 2007 | false | false | Yes (true) | Yes (true) |
| B | $377,777 | $0 | $26,544,350 | $0 | $0 | $4,073,337 | $380,178 | $0 | $0 | $75 | $21,082,376 | $1,008,385 | Yes (true) | Yes (true) | false | Yes (true) |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Engage Bond Counsel ContractsEngageBondCounselContractsInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | false | false | Yes (true) | Yes (true) | false | 0.011 | 0.0 | 0.011 | false | false | Yes (true) |
| B | false | false | Yes (true) | Yes (true) | false | 0.011 | 0.0 | 0.011 | false | false | Yes (true) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Business Name Line1GICProviderName/BusinessNameLine1Txt | Term Of GICTermOfGICPct | Regulatory Safe Harbor StsfdRegulatorySafeHarborStsfdInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Allied Irish Banks | |||||||||||||||
| A | false | false | false | Yes (true) | Yes (true) | Yes (true) | 3.4 | false | false | Yes (true) | AIG Funding Corp | 3.0 | Yes (true) | Yes (true) | Yes (true) |
| (no name) | |||||||||||||||
| B | false | Yes (true) | false | Yes (true) | Yes (true) | false | false | false | Yes (true) | ||||||
Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (true) |
| B | Yes (true) |
Supplemental Information Detail SupplementalInformationDetail (27 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule K, Part I, Column (a) A - Series 2006 | The Series 2006 Bonds consisted of Series 2006A Bonds, Series 2006B Bonds, Series 2006C Bonds, and Series 2006D Bonds. |
| Schedule K, Part II, Line 2 A - Series 2006 | The Series 2006A Bonds were partially current refunded by the Series 2015 Bonds and partially advance refunded by the Series 2015 Bonds. The Series 2006A Bonds were fully called prior to the June 30, 2016 fiscal year-end. The Series 2006B Bonds were partially advance refunded by the Series 2015 Bonds and will be called on 5/15/2017. |
| Schedule K, Part II, Line 3 A - Series 2006 | Total proceeds of the issue included Par, plus original issue premium, plus investment earnings of $1,998,508.08 through fiscal year-end June 30, 2016. |
| Schedule K, Part II, Line 4 A - Series 2006 | Debt Service Reserve Funds were established for the Series 2006ABC&D Bonds. Such proceeds have been either expended to redeem principal or transferred to the defeasance Escrow Fund established under the Series 2015 Bonds issuance. |
| Schedule K, Part II, Line 6 A - Series 2006 | Outstanding balance and value of the remaining Series 2006 DSRF proceeds held within the Series 2015 Escrow Fund. |
| Schedule K, Part II, Line 8 A - Series 2006 | A portion of the Series 2006 proceeds were used on the date of closing to pay for LOC fees (and other costs) associated with the Series 2006D Bonds. In addition, proceeds were deposited into a Capitalized LOC Fee Fund to pay for future LOC fees during the course of the Project. |
| Schedule K, Part II, Line 11 A -Series 2006 | The other spent proceeds primarily includes the Series 2006 Debt Service Reserve Funds that were used to redeem principal and/or transferred to the Series 2015 defeasance Escrow Fund. This would also include transferred proceeds from such amounts to the Series 2015 Bonds. Other spent proceeds also include interest earnings associated with other bond funded accounts that were likely transferred and used towards interest payments on the Series 2006 Bonds. |
| Schedule K, Part IV, Line 2c A - Series 2006 | Holy Cross Village at Notre Dame, Inc. hired independent firms to calculate the arbitrage rebate liabilities for both the first installment and second installment computation periods. The bond year selected for the Series 2006 Bonds was March 29th. The first installment period ended on March 29, 2011 and the second installment period ended on March 29, 2016. Respective arbitrage compliance reports were completed on May 29, 2011 and May 3, 2016, respectively, reflecting that an arbitrage rebate payment was not due to the Internal Revenue Service for these time periods. The final computation period for the Series 2006 Bonds will occur on May 15, 2017, the final redemption date for the Series 2006 Bonds. |
| Schedule K, Part IV, Line 3 A - Series 2006 | Since the interest rates to maturity for the Series 2006 Bonds were unknown on the date of closing, the issue as a whole was treated as a variable rate issue and the yield on such bonds was calculated separately for each computation period. |
| Schedule K, Part IV, Line 4a A - Series 2006 | In connection with the issuance of the Series 2006D variable rate bonds, Holy Cross Village at Notre Dame, Inc. entered into an Interest Rate Swap Agreement. All of requirements of a qualified hedge were met and the payments associated with the Interest Rate Swap Agreement were factored into the bond yield calculation for the first installment period. The Interest Rate Swap Agreement had a short maturity date and was not terminated early. Holy Cross Village at Notre Dame, Inc. hired an independent Swap Advisor in assisting with the purchase and execution of the Interest Rate Swap Agreement. |
| Schedule K, Part IV, Line 4b A - Series 2006 | See A - Series 2006's Part IV Line 4a explanation. |
| Schedule K, Part IV, Line 4c A - Series 2006 | See A - Series 2006's Part IV Line 4a explanation. |
| Schedule K, Part IV, Line 5a A - Series 2006 | Holy Cross Village at Notre Dame, Inc. entered into several Investment Agreements for various bond funded accounts. These Agreements had different interest rates and maturity dates. In 2008, the Investment Agreement Provider was downgraded, which resulted in a termination of such Agreements. Holy Cross Village at Notre Dame, Inc. hired an independent bidding agent to receive bids for the Investment Agreements and met the safe harbor requirements. |
| Schedule K, Part IV, Line 5b A - Series 2006 | See A - Series 2006's Part IV line 5a explanation. |
| Schedule K, Part IV, Line 5c A - Series 2006 | See A - Series 2006's Part IV line 5a explanation. |
| Schedule K, Part IV, Line 6 A - Series 2006 | Certain proceeds subject to the three-year temporary period were still outstanding as of March 30, 2009. However, such proceeds were fully expended by July of 2009 and would not have resulted in a yield reduction liability or payment due to the IRS for this issue. |
| Schedule K, Part II, Line 3 B - Series 2015 | Total proceeds of the issue included Par, plus transferred proceeds, plus investment earnings of $60,385.25 through fiscal year-end June 30, 2016. |
| Schedule K, Part II, Line 4 B - Series 2015 | Series 2015 Bonds do not have a Debt Service Reserve Requirement. The Series 2015 Bonds were privately placed. |
| Schedule K, Part II, Line 6 B - Series 2015 | Outstanding balance and value of the remaining Series 2015 proceeds held within the Series 2015 Escrow Fund. |
| Schedule K, Part II, Line 11 B - Series 2015 | Other spent proceeds mainly include Series 2015 proceeds and interest earnings that were used to current refund and/or advance refund Series 2006 Bonds. |
| Schedule K, Part II, Line 12 B - Series 2015 | Other unspent proceeds mainly include Series 2015 proceeds currently held in a Project Fund to be used for future capital expenditures. |
| Schedule K, Part IV, Line 2a B - Series 2015 | The Series 2015 Bonds qualify as a multipurpose issue with a current refunding portion, advance refunding portion, and a new money portion. The current refunding portion would have qualified for the 6-Month Spending Exception and would have been exempt from the arbitrage rebate calculation. The advance refunding portion and the new money portion are subject to arbitrage rebate compliance since such proceeds did not qualify for a spending exception. Holy Cross Village at Notre Dame, Inc. has hired an independent firm to review the Series 2015 Bonds annually for arbitrage compliance purposes using November 1st as the selected bond year. The first installment computation period for this issue will end as of November 1, 2020. The first bond year arbitrage compliance report completed as of January 10, 2017 reflects a $0.00 arbitrage liability accruing for the Series 2015 Bonds. |
| Schedule K, Part IV, Line 2b B - Series 2015 | See B - Series 2015's Part IV line 2a for explanation. |
| Schedule K, Part IV, Line 2c B - Series 2015 | See B - Series 2015's Part IV line 2a for explanation. |
| Schedule K, Part IV, Line 3 B - Series 2015 | The interest rates on the Series 2015 Bonds to maturity were unknown on the date of issuance. Therefore, the Series 2015 Bonds are treated as a variable rate issue and the yield for such bonds will be calculated separately for each computation period. The "Applicable Margin" or spread component was used to determine the yield on the Series 2015 Bonds during the first installment computation period and such yield was used by bond counsel in their determination that the Series 2015 Bonds were not arbitrage bonds and that the Series 2015 proceeds held in the defeasance Escrow Fund were yield restricted. |
| Schedule K, Part IV, Line 4b B - Series 2015 | Holy Cross Village at Notre Dame, Inc. did enter into an Interest Rate Swap Agreement for the Series 2015 Bonds. However, such hedge was not treated as a qualified hedge for federal tax purposes. |
| Schedule K, Part IV B - Series 2015; Lines 5abcd | The Series 2015 Escrow Fund was invested in various "Open Market Securities". Holy Cross Village at Notre Dame, Inc. hired an independent bidding agent to to receive bids for the Open Market Securities and met the safe harbor requirements as defined within the U.S. Treasury Regulations. |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BARBARA CASSADY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | SPOUSE (THOMAS CASSADY, JR.) IS A BOARD MEMBER | RelationshipDescriptionTxt |
| Transaction | $38,474 | TransactionAmt |
| Transaction | EMPLOYEE COMPENSATION | TransactionDesc |
| Sharing Of Revenues | false | SharingOfRevenuesInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | The board, by resolution of a majority of directors, may appoint one or more standing or special committees as needed. The board shall appoint the executive committee, which shall be a standing committee. Members of the board shall be appointed by the board or chairperson, subject to the approval of the board. Each committee authorized to exercise any power of the board (opposed to advisory committees) shall have at least 2 directors and may consist of persons other than directors, provided at least a majority of committee members are directors. The executive committee shall be a standing committee, and shall have and exercise all powers of the board, subject to limitations set forth in the by laws, between board meetings. The executive committee shall consist of the chairperson, president, and 2 other directors selected by the chairman and subject to approval of the board. Actionstaken by the executive committee within the scope of its authority shall be considered the actions of the board. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | The Brothers of Holy Cross, a related tax exempt organization, is the sole corporate member of Holy Cross Village at Notre Dame, Inc. |
| Form 990, Part VI, Line 7a Members or stockholders electing members of governing body | The Brothers of Holy Cross has the power to appoint and remove members of the board, including the chairperson. |
| Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders | The Brothers of Holy Cross has the following additional reserved powers: 1 - Work with the board of directors to review, consult, and approve any changes or deviations from the mission and values of Holy Cross Village at Notre Dame, Inc. 2 - Approve annual budgets and similarly developed board of director documents 3 - Approve amendments to the Articles of Incorporation, Bylaws, and similar governing documents 4 - Appoint and remove directors to the board 5 - Appoint and remove chairperson and president based upon recommendation of the board 6 - Approve any merger, consolidation, dissolution, or liquidation of Holy Cross Village at Notre Dame, Inc. 7 - Approve purchase, sale, donation, lease, mortgage, or other acquisition, disposition, or encumbrance of assets, except transactions within limits delegated to Holy Cross Village at Notre Dame, Inc, or previously approved as part of a strategic and financial plan 8 - Approve establishment, termination, transfer or other acquisition or disposition of any major ministry or similar program 9 - Approve creation of any new affiliate or affiliation of Holy Cross Village at Notre Dame, Inc. with another entity 10 - Approve incurrence of debt to other entities or the guaranty of debt of others for the amounts in excess of the member specified limits, except for transactions previously approved as part of a strategic and financial plan. 11 - Establish dollar limits which Holy Cross Village at Notre Dame, Inc. may authorize financial expenditures, including contracts involving expenditures 12 - Establish dollar limits which Holy Cross Village at Notre Dame may authorize litigation settlements or release or cancel any claim of action against another party |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | Holy Cross Village at Notre Dame, Inc. management reviewed a draft of the form 990 in detail. A final draft of the complete 990, including all applicable schedules along with a management summary, was then presented to the finance committee in January, and the board of directors in February, for review prior to filing with the IRS. |
| Form 990, Part VI, Line 12c Conflict of interest policy | A conflict of interest questionnaire is distributed to the board members annually. The forms are then reviewed for potential conflicts. If a conflict is noted, the member is excused from voting on any issue related to the conflict. The conflict of interest policy and questionnaire is also part of the Holy Cross Village annual review policy for all employees. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | In 2016 a sub-committee of the board of directors of Holy Cross Village engaged Mercer, a national HR consulting firm to conduct an analysis of the organization's current compensation levels. The sub-committee then met to review the findings and provide recommendations for any adjustments for key positions, including President/CEO, CFO, COO, Controller, and HR Director. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | In 2016 a sub-committee of the board of directors of Holy Cross Village engaged Mercer, a national HR consulting firm to conduct an analysis of the organization's current compensation levels. The sub-committee then met to review the findings and provide recommendations for any adjustments for key positions, including President/CEO, CFO, COO, Controller, and HR Director. |
| Form 990, Part VI, Line 19 Required documents available to the public | Holy Cross Village at Notre Dame Inc.'s governing documents, conflict of interest policy, and financial statements are available to the public in an electronic pdf file or printed paper format. |
| Form 990, Part VIII, Line 11d Other Miscellaneous Revenue | Rebate/refund/purchase discount - Total Revenue: 17969, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 17969; Miscellaneous - Total Revenue: 74774, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 74774; Loss on debt refinancing - Total Revenue: -409731, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: -409731; Other - Total Revenue: 431979, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 431979; |
| Form 990, Part IX, Line 11g Other Fees | Therapy - Total Expense: 511251, Program Service Expense: 511251, Management and General Expenses: , Fundraising Expenses: ; Dining Services - Total Expense: 1302478, Program Service Expense: 1210436, Management and General Expenses: 92042, Fundraising Expenses: ; Plant Repairs and Maintenance - Total Expense: 173786, Program Service Expense: 163049, Management and General Expenses: 10737, Fundraising Expenses: ; Grounds - Total Expense: 216188, Program Service Expense: 216188, Management and General Expenses: , Fundraising Expenses: ; Other - Total Expense: 26840, Program Service Expense: 102, Management and General Expenses: 26738, Fundraising Expenses: ; Agency - Total Expense: 36528, Program Service Expense: 36528, Management and General Expenses: , Fundraising Expenses: ; Consultant - Total Expense: 75777, Program Service Expense: 38910, Management and General Expenses: 36867, Fundraising Expenses: ; Freight - Total Expense: 1237, Program Service Expense: 244, Management and General Expenses: 993, Fundraising Expenses: ; Laundry and Housekeeping - Total Expense: 110511, Program Service Expense: 107058, Management and General Expenses: 3453, Fundraising Expenses: ; Outside services - Total Expense: 375213, Program Service Expense: 254349, Management and General Expenses: 120864, Fundraising Expenses: ; Transportation - Total Expense: 4230, Program Service Expense: 4230, Management and General Expenses: , Fundraising Expenses: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | Net asset transfer - -1518663; Change in beneficial interest in Holy Cross Village Foundation - -11568; Unrealized loss on interest rate swap agreement - -1548646; |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| BROTHERS OF HOLY CROSS INC | ||||||||||
| 54515 SR 933 N PO BOX 460 | NOTRE DAME | IN | 46556 | 350868938 | ROMAN CATHOLIC CHURCH RELIGIOUS ORDER | IN | 501(c)(3 | 1 | CONGREGATION OF HOLY CROSS | false |
| HOLY CROSS VILLAGE FOUNDATION | ||||||||||
| 54515 SR 933 N PO BOX 303 | NOTRE DAME | IN | 46556 | 263861889 | SUPPORT HOLY CROSS VILLAGE AT NOTRE DAME | IN | 501(c)(3 | Type I | BROTHERS OF HOLY CROSS | false |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (true) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | false | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | false | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (true) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (true) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (true) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (true) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (true) | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |