2017-02-15T11:00:29-06:00 2016-06-30 350921680 CROWE HORWATH LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2015-07-01 352084623 Holy Cross Village at Notre Dame Inc HOLY 5742862373 54515 State Road 933 N PO Box 303 Notre Dame IN 465560303 Bill Quig CFO 2017-01-31 true Jennifer Burke P01342224 3128997000 2015 2021-01-29 14:40:06Z Bill Quig 54515 State Road 933 N PO Box 303 Notre Dame IN 465560303 18697020 false 0928 X www.HolyCrossVillage.com X 1999 IN 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. 10 9 172 191 361810 43036 799774 800299 12529629 12817191 175051 227732 418556 534443 13923010 14379665 2259 0 0 5326069 5163399 0 0 10731562 10763268 16059890 15926667 -2136880 -1547002 50622109 49403936 61399597 65023293 -10777488 -15619357 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. false false 9239501 7770135 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. 4312820 5047056 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. 13552321 true true false false false false false false false true true false false false true true true false false false false false false false false false false false false false true true false false false false false false false true false false false false false false true false false false true 46 0 true 172 true true true false false false false false false false false false X 10 9 false false false false true true true true true false false true true true true true true true true false IN X Bill Quig 5742862373 54515 STATE ROAD 933 NORTH NOTRE DAME IN 465560303 Kathleen Brickley Chairperson 1.0 X X 0 0 0 Tom Veldman Vice Chairperson 1.0 X X 0 0 0 James Keenan Treasurer 1.0 X X 0 0 0 Richard Gilman Secretary 1.0 X X 0 0 0 Thomas Cassady Jr Director 1.0 X 0 0 0 Linda Paskiewicz Director 1.0 X 0 0 0 Br William Nick Director (Partial Year to May 2016) 1.0 X 0 0 0 Br Chester Freel CSC Director 1.0 X 0 0 0 Donald Fozo Director 1.0 X 0 0 0 Br Lawrence Skitzki Director 1.0 X 0 0 0 Br JAMES VAN DYKE CSC Director 1.0 X 0 0 0 Sr Ruth Marie Nickerson CSC Director (Partial Year to May 2016) 1.0 X 0 0 0 William Quig CFO 36.0 1.0 X 122844 0 22237 John Mauch President/CEO 50.0 1.0 X 146247 0 10031 Jack Mueller Administrator 40.0 X 108300 0 10129 377391 0 42397 3 false false true Sodexo Inc and Affiliates 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 Dining Services 1954875 Healthwin 20531 Darden Rd South Bend IN 46637 Therapy services 575217 Howard Custom Enterprises Inc 21240 Johnson Road South Bend IN 46614 General contractor 368395 Talboom 26981 Kline Trail South Bend IN 46614 Landscaping 214798 Brown & Brown PO Box 487 Wakarusa IN 46573 General contractor 197358 7 X 763904 36395 800299 Independent and assisted living 623000 7770135 7770135 Nursing services 623000 5047056 5047056 0 0 0 0 12817191 226959 226959 12914 12914 0 12914 12914 4316128 2000 4317355 -1227 2000 773 773 Security services 811000 361810 361810 Dining, cafeteria & snack shop 900099 44728 44728 114991 0 0 114991 521529 14379665 12817191 361810 400365 X 271508 271508 38474 38474 4018682 3232995 785687 99805 79844 19961 422734 338187 84547 312196 249757 62439 50406 50406 65788 65788 2834039 2542345 291694 0 68028 68028 1471802 1329188 142614 115707 325 115382 541346 541346 6066 701 5365 53038 11482 41556 1747756 1747756 3286880 3267314 19566 178900 178900 BAD DEBT EXPENSE 100403 100403 DUES AND SUBSCRIPTIONS 28915 14390 14525 RECRUITMENT, TRAINING AND DEVELOPMENT 16164 16164 UNIFORMS 17943 14456 3487 180087 43358 136729 0 15926667 13552321 2374346 0 99294 401107 4231100 5131785 531633 536085 0 0 42894 42761 64422 102287 59646650 27739240 33760820 31907410 8283284 8428381 1090452 1078884 0 2518210 1775236 50622109 49403936 1259411 930965 50144 0 26225206 31035868 33864836 33056460 61399597 65023293 X -11882940 -16709722 1105452 1090365 -10777488 -15619357 50622109 49403936 X -1547002 -215990 -3078877 X false true X true false X 29726 28991 375350 751042 800299 1985408 11781371 11692731 12120903 12529629 12817190 60941824 82718 73651 102929 118808 159719 537825 0 0 11893815 11795373 12599182 13399479 13777208 63465057 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 63465057 174962 149094 114787 176275 240646 855764 0 174962 149094 114787 176275 240646 855764 0 0 0 41732 43036 84768 0 0 0 0 0 0 12068777 11944467 12713969 13617486 14060890 64405589 0.9854 0.9883 0.0133 0.0099 X Schedule A, Part III, Line 12 Other Income 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; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84046 -2691 4137 77218 82214 2915 1083 84046 78244 0 7879 3909 0 0 82214 73765 0 8202 3723 0 0 78244 75835 0 1441 3511 0 0 73765 0.0 1.0 0.0 true false 37236105 14394027 22842078 4103869 2994589 1109280 18124173 10244764 7879409 182503 105860 76643 31907410 Refundable and unearned entrance fees 32284832 Capital lease obligation 23638 Resident deposits 657662 Accrued interest payable 90328 33056460 X 14445950 -215990 293843 -11568 66285 14379665 0 0 14379665 17769156 293843 1548646 1842489 15926667 0 0 15926667 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 A St Joseph County Indiana 356000194 790608CR2 2006-03-30 36701276 construct and equip new facility true false false B Indiana Finance Authority 351602316 000000000 2015-11-24 25965000 REFUND 2006A&B & CONSTUCT, INSTALL, AND REMODEL FACILITY false false false A 32350000 3900000 38699784 0 2354770 52952 722500 325409 0 32393602 2850552 0 2007 false false true true B 377777 0 26544350 0 0 4073337 380178 0 0 75 21082376 1008385 true true false true A false false true true false 0.011 0.0 0.011 false false true B false false true true false 0.011 0.0 0.011 false false true A false false false true true true Allied Irish Banks 3.4 false false true AIG Funding Corp 3.0 true true true B false true false true true false false false true A true B true 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. BARBARA CASSADY SPOUSE (THOMAS CASSADY, JR.) IS A BOARD MEMBER 38474 EMPLOYEE COMPENSATION false 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; 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 false false true false false false false false false false true true true false false true true true false