2015-05-14T13:10:31-05:00 2014-09-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2013-10-01 382067110 LIFECARE INC LIFE 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 JEFFREY G HAGEN EXECUTIVE DIRECTOR 2693810560 2015-05-12 1 CAROL LALONDE CPA P00181637 2695674500 2013 2016-03-07 17:11:31Z FRIENDSHIP VILLAGE JEFFREY G HAGEN 1400 N DRAKE ROAD KALAMAZOO MI 49006 18985692 0 X WWW.FRIENDSHIPVILLAGEMI.COM X 1971 MI TO PROVIDE HOUSING, FOOD, NURSING CARE, AND OTHER RELATED SERVICES TO SENIOR CITIZENS. 12 12 373 0 0 0 199625 795736 15900825 15493451 129979 74995 0 0 16230429 16364182 0 0 0 0 8083848 8035578 0 0 0 7384663 7648696 15468511 15684274 761918 679908 30360479 44734979 26785805 43580896 3574674 1154083 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN. 0 0 12388816 14887954 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN. 12388816 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 58 0 1 373 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 0 0 0 MI X R DAVID GOODRICH 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 VICKI MARTIN PRESIDENT 2.00 X X 0 0 0 MICHAEL HOLMES 1RST VICE PRESIDENT 2.00 X X 0 0 0 ELIZABETH BURNS 2ND VICE PRESIDENT 2.00 X X 0 0 0 DANIEL MISSAD TREASURER 2.00 X X 0 0 0 DONNA WEINREICH SECRETARY 2.00 X X 0 0 0 SARA DANA DIRECTOR 2.00 X 0 0 0 MARY SUE HOFFMAN DIRECTOR 2.00 X 0 0 0 ALICE KEMERLING DIRECTOR 2.00 X 0 0 0 ROBERT MCGRAW DIRECTOR 2.00 X 0 0 0 CATHERINE METZLER DIRECTOR 2.00 X 0 0 0 JAMES VALK DIRECTOR 2.00 X 0 0 0 NATASHA WATSON DIRECTOR 2.00 X 0 0 0 JOHN KITTREDGE RESIDENT REPRESENTITIVE (NON-VOTING) 2.00 X 0 0 0 KARL SANDELIN RESIDENT REPRESENTITIVE (NON-VOTING) 2.00 X 0 0 0 JEFFREY HAGEN EXECUTIVE DIRECTOR 40.00 X 142000 0 20253 KATHRYN HARMON ADMINISTRATOR 40.00 X 95543 0 17936 237543 0 38189 1 0 1 0 LIFE CARE SERVICES 400 LOCUST STREET STE 829 DES MOINES IA 50309 MANAGEMENT SERVICES 829160 REHABCARE GROUP PO BOX 99341 CHICAGO IL 60693 THERAPY SERVICES 655811 ZILLNER MARKETING 8725 ROSEHILL ROAD STE 200 LENEXA KS 66215 MARKETING SERVICES 180636 3 795736 795736 APARTMENT & SVC FEES 623990 5303439 5303439 MEDICAL CENTER REV. 623990 4721994 4721994 ASSISTED LIVING 623990 3024798 3024798 DEF. REC-ADV/RF FEES 623000 1511797 1511797 BARBER, GARAGE, MISC 900099 605497 605497 325926 325926 15493451 121667 121667 2574838 2565616 55894 9222 -55894 -46672 -46672 16364182 14887954 0 680492 283243 283243 5934886 5084572 850314 51757 40298 11459 1283293 935561 347732 482399 380071 102328 755618 755618 9488 9488 15493 15493 60154 60154 759062 755282 3780 321262 321262 1555454 1306669 248785 514779 514779 1378655 1360696 17959 MEDICAL SUPPLIES 1564962 1348740 216222 EQUIPMENT REPAIR 417348 411835 5513 DUES AND LICENSES 18508 6924 11584 BAD DEBTS EXPENSE 2550 2550 275363 275363 15684274 12388816 3295458 0 3924964 3951923 2164213 2281306 685432 684054 125306 129457 206859 207726 47136591 25057319 17144824 22079272 5958037 15138709 150844 262532 30360479 44734979 1664991 2979939 7991131 7612050 9460000 20610000 1331623 2214702 6338060 10164205 26785805 43580896 X -2883687 -6041895 6458361 7195978 3574674 1154083 30360479 44734979 X 679908 483809 -3672628 88320 X X 0 1 X 1 0 X 2990957 19201 104267 199625 795736 4109786 14876900 15668530 15340439 15900825 15493450 77280144 17867857 15687731 15444706 16100450 16289186 81389930 0 2762366 86823 75891 2925080 2762366 86823 75891 2925080 78464850 62257 57361 53498 128130 121667 422913 62257 57361 53498 128130 121667 422913 17930114 15745092 15498204 16228580 16410853 81812843 0.95910 0.95970 0.00520 0.00490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 803696 803696 32926445 20575442 12351003 1465639 1284916 180723 1667364 1432732 234632 10273447 1764229 8509218 22079272 PROVISION FOR INTEREST RATE SWAP AGREEMENT 1038877 DEPOSITS 178569 REFUNDABLE FEES 8946759 10164205 X 16876157 483809 88320 572129 16304028 60154 60154 16364182 15624120 0 15624120 60154 60154 15684274 PART X, LINE 2: THE CORPORATION HAS BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN DESIGNATED AS A PUBLICLY SUPPORTED CORPORATION (RATHER THAN A PRIVATE FOUNDATION). SIMILARLY, IT IS EXEMPT FROM THE MICHIGAN SINGLE BUSINESS TAX. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2014, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE OR ANY STATE OR LOCAL TAX AUTHORITIES. THE CORPORATION'S FEDERAL TAX RETURNS FOR THE YEARS ENDED PRIOR TO SEPTEMBER 30, 2011 ARE NO LONGER SUBJECT TO EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INTEREST RATE SWAP 88,320. 0 0 0 0 0 0 0 0 0 JEFFREY HAGEN EXECUTIVE DIRECTOR 122700 0 19300 0 0 0 0 0 20253 0 162253 0 0 0 A ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF KALAMAZOO 386004627 NONEAVAIL 2010-12-17 10640000 REFUND PRIOR ISSUE 0 0 0 B MICHIGAN STRATEGIC FUND 521417332 NONEAVAIL 2014-04-17 11650000 CONSTRUCT AND RENOVATE FACILITIES 0 0 0 A 1680000 10640000 202149 10437851 1998 1 0 1 1 B 11653963 60000 3732408 7861555 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 1 1 1 1 FIFTH THIRD BANK 16.400000000000 0 0 0 0 0 B 0 1 0 0 1 0 0 0 0 A 0 SCHEDULE K, PART II, LINE 3 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS SCHEDULE K, PART IV, ARBITRAGE, LINE 2C DATE REBATE COMPUTATION WAS PERFORMED: 06/17/2011 NOTE REGARDING REBATE COMPUTATION; SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCUALTIONS ARE NECESSARY. FORM 990, PART VI, SECTION A, LINE 3 A MANAGEMENT COMPANY IS CONTRACTED TO PROVIDE THE ORGANIZATION WITH INDIVIDUALS TO PERFORM MANAGEMENT DUTIES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE ACCOUNTING DIRECTOR. AMOUNTS ARE COMPARED TO THE INTERNALLY PREPARED FINANCIAL STATEMENTS AND THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A NEW CONFLICT OF INTEREST STATEMENT ANNUALLY. ALL FILES ARE KEPT UP-TO-DATE BY THE ADMINISTRATIVE ASSISTANT. ANY CONFLICTS ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. IF A CONFLICT DOES ARISE, IT DEPENDS ON THE SITUATION, BUT IN AN EXTREME SITUATION A MEMBER MAY NEED TO RESIGN FROM THE BOARD DEPENDING ON THE COMPLEXITY. OTHERWISE THEY WOULD OBSTAIN FROM VOTING AND LEAVE THE MEETING DURING DISCUSSIONS. FORM 990, PART VI, SECTION B, LINE 15 FRIENDSHIP VILLAGE DEFERS TO THE MANAGEMENT COMPANY'S PROCESS FOR DETERMINING EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST SWAP AGREEMENT 88,320. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE PROCESS SINCE PRIOR YEAR.