2015-02-12T17:00:20-06:00 2014-06-30 CROWE HORWATH LLP 330 E JEFFERSON BLVD PO BOX 7 SOUTH BEND IN 466240007 990 2013-07-01 352084623 HOLY CROSS VILLAGE AT NOTRE DAME INC HOLY 5742871838 54515 State Road 933 North PO Box 303 Notre Dame IN 465560303 BILL QUIG CFO 2015-02-12 true Erica Cherry P01320580 5742323992 2013 2016-02-25 16:41:14Z JOHN MAUCH 54515 State Road 933 North Notre Dame IN 465560303 19204770 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. 13 12 175 150 552980 0 28991 375350 11692731 12120903 166217 706484 660388 667639 12548327 13870376 3462 4203 0 0 4940042 5152215 0 0 0 10125737 10593335 15069241 15749753 -2520914 -1879377 55586615 52762300 59582131 60037393 -3995516 -7275093 X 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. (CONTINUED IN SCHEDULE O) false false 9214989 2519 7282511 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. (CONTINUED IN SCHEDULE O) 4094479 1684 4838392 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. (CONTINUED IN SCHEDULE O) 13309468 true true false false false false false false true true false false true true true true false false false false false false false false false false false false false true false false false false false false false false true false false false false false false true false false false false true 52 0 true 175 true true true false false false false false false false false false X 13 12 false false false false true true true true true false false true true true true true true false false false IN X Bill Quig 5742862373 54515 STATE ROAD 933 NORTH NOTRE DAME IN 465560303 KATHLEEN BRICKLEY TREASURER 1.00 0.00 X X 0 0 0 RICHARD GILMAN SECRETARY 1.00 0.00 X X 0 0 0 SR RUTH MARIE NICKERSON CSC VICE CHAIRPERSON 1.00 0.00 X X 0 0 0 THOMAS CASSADY JR CHAIRPERSON 1.00 0.00 X X 0 0 0 BR CHESTER FREEL CSC DIRECTOR 1.00 0.00 X 0 0 0 BR JAMES VAN DYKE CSC DIRECTOR 1.00 0.00 X 0 0 0 BR JOHN MAY CSC DIRECTOR 1.00 1.00 X 0 0 0 BR WILLIAM NICK DIRECTOR 1.00 0.00 X 0 0 0 DONALD FOZO DIRECTOR 1.00 0.00 X 0 0 0 JAMES KEENAN DIRECTOR 1.00 0.00 X 0 0 0 LINDA PASKIEWICZ DIRECTOR 1.00 0.00 X 0 0 0 PAT CRESSY DIRECTOR (THROUGH MAY 2014) 1.00 0.00 X 0 0 0 PERRY WATSON III DIRECTOR 1.00 0.00 X 0 0 0 TOM VELDMAN DIRECTOR 1.00 0.00 X 0 0 0 JANET TODD CONTROLLER 65.00 1.00 X 71912 0 12785 JOHN MAUCH PRESIDENT/CEO 50.00 1.00 X 126944 0 13912 WILLIAM QUIG CFO 32.00 0.00 X 90781 0 30443 289637 0 57140 1 false false false SODEXO INC AND AFFILIATES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 DINING SERVICES 1845744 ALLIANCE REHAB INC 1520 KENSINGTON RD SUITE 110 OAKBROOK IL 60523 THERAPY SERVICES 249658 TALBOOM LAWNCARE-LANDSCAPE INC 26981 KLINE TRAIL SOUTH BEND IN 46614 LAWNCARE/LANDSCAPING SERVICES 188925 RMC'S FINISHES INC 21240 JOHNSON ROAD SOUTH BEND IN 46614 PAINTING 149675 SHARPE FLOOR COVERING 919 SAINT JEROME MISHAWAKA IN 46544 INSTALL OR REPLACE FLOOR COVERINGS 113673 6 296571 78779 375350 INDEPENDENT AND ASSISTED LIVING 623000 7282511 7282511 NURSING SERVICES 623000 4838392 4838392 0 0 0 0 0 0 0 12120903 103057 103057 0 0 11730 11730 0 11730 11730 5936321 1500 5292701 41693 643620 -40193 603427 603427 0 0 0 HOUSEKEEPING, MAINTENANCE & SECURITY SERVICES 811000 552980 552980 DINING, CAFETERIA & SNACK SHOP 900099 25984 25984 INSURANCE SETTLEMENTS 524298 55885 55885 21060 0 0 21060 655909 13870376 12120903 552980 821143 X 4203 4203 0 0 0 372213 372213 40484 40484 3736281 3063110 673171 80963 66149 14814 628011 515287 112724 294263 223215 71048 0 0 75247 75247 55690 55690 0 0 0 3694 3694 3073815 2786285 287530 0 66774 66774 1461708 1292352 169356 7796 7796 0 784143 761136 23007 34449 12501 21948 0 7373 5010 2363 1583407 1583407 0 3135162 2772713 362449 152957 109503 43454 BAD DEBT EXPENSE 26725 26725 DUES AND SUBSCRIPTIONS 21284 5812 15472 RECRUITMENT, TRAINING AND DEVELOPMENT 26320 4486 21834 UNIFORMS 16656 16299 357 60135 20791 39344 0 15749753 13309468 2440285 0 0 1753729 797671 3963240 4288902 847964 496630 0 0 0 0 44394 45896 75593 38579 57377914 21582840 37994391 35795074 6806909 7142795 1182884 1158273 0 0 2917511 2998480 55586615 52762300 935212 970300 53649 73775 27147228 26698049 0 0 31446042 32295269 59582131 60037393 X -5288400 -8433366 1292884 1158273 -3995516 -7275093 55586615 52762300 X -1879377 -315441 -1084759 X false true X true false X 678610 1104179 29726 28991 375350 2216856 11660683 11155862 11781371 11692731 12120903 58411550 730690 19003064 82718 73651 102929 19993052 0 0 13069983 31263105 11893815 11795373 12599182 80621458 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 80621458 126177 198379 174962 149094 114787 763399 0 126177 198379 174962 149094 114787 763399 0 0 0 0 0 0 0 102029 0 0 0 102029 13196160 31563513 12068777 11944467 12713969 81486886 0.98940 0.98860 0.00940 0.01010 X Schedule A, Part III, Line 12, Other Income DESCRIPTION - MANAGEMENT CONTRACTS, COLUMN A - 0, COLUMN B - 102029, COLUMN C - 0, COLUMN D - 0, COLUMN E - 0, COLUMN F - 102029; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 78244 7879 3909 82214 73765 8202 3723 78244 75835 1441 3511 73765 65229 12328 1722 75835 57995 0 8715 1481 0 0 65229 0.00000 1.00000 0.00000 true false 0 36706794 11155244 25551550 3923963 2437025 1486938 16730827 7990571 8740256 16330 16330 35795074 DUE FROM AFFILIATE - HOLY CROSS COLLEGE 94505 DEFERRED MARKETING COSTS 1541029 DEFERRED BOND ISSUANCE COSTS 863377 DUE FROM AFFILIATE - BROTHERS OF HOLY CROSS 11114 DUE FROM AFFILIATE - HCV FOUNDATION 65222 ENTRANCE FEE OPTIONS 406800 OTHER ACCOUNTS RECEIVABLE 16433 2998480 0 REFUNDABLE AND UNEARNED ENTRANCE FEES 31396758 CAPITAL LEASE OBLIGATION 7288 RESIDENT DEPOSITS 693753 ACCRUED INTEREST PAYABLE 197470 32295269 X 14014287 -315441 459352 143911 13870376 0 0 13870376 15749753 0 0 15749753 0 0 15749753 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 FOUR 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, 2014 OR 2013. Schedule D, Part XI, Line 2d, Other revenues in audited financial statements not in form 990 CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION - 459352; A ST JOSEPH COUNTY INDIANA 356000194 790608CR2 2006-03-30 36701276 CONSTRUCT AND EQUIP NEW FACILITY false false false A 9830000 0 38736372 1994542 3917764 0 722500 88673 0 31988900 0 0 2007 false false true true A false false true true false 0.00000 0.00000 0.00000 false false A false false false true false false false false false false false false A false SCHEDULE K, PART II, LINE 3, TOTAL PROCEEDS OF ISSUE $36,701,276 ISSUE PRICE + 2,035,096 INVESTMENT EARNINGS ON PROCEEDS THROUGH JUNE 30, 2014 = 38,736,372 TOTAL PROCEEDS OF ISSUE (PART II, LINE 3) NOTE THAT THE SUM OF PART II, LINES 4-12 DOES NOT EQUAL THE AMOUNT REPORTED ON PART II, LINE 3. THE DIFFERENCE IS THE RESULT OF THE DESCREASED VALUE OF GROSS PROCEEDS IN RESERVE FUNDS FROM THE DATE OF ISSUANCE THROUGH JUNE 30, 2014. $2,018,535 GROSS PROCEEDS IN RESERVE FUNDS ON DATE OF ISSUE - 23,993 DECREASED VALUE THROUGH JUNE 30, 2014 =1,994,542 GROSS PROCEEDS IN RESERVE FUNDS AT JUNE 30, 2014 (PART II, LINE 4) SCHEDULE K, PART III, LINE 9, WRITTEN PROCEDURES DURING THE FISCAL YEAR ENDED JUNE 30, 2014, THE ORGANIZATION WAS IN THE PROCESS OF ADOPTING WRITTEN PROCEDURES TO ENSURE ALL NONQUALIFIED BONDS (IF ANY) OF THE ISSUE ARE REMEDIATED IN ACCORDANCE WITH THE ASSOCIATED REGULATIONS. THE ORGANIZATION STRIVES TO STAY ABREAST OF FEDERAL REGULATIONS AND CONSIDERS THE REPERCUSSIONS OF ALL SIGNIFICANT ACTIVITIES WHICH COULD FORESEEABLY HAVE AN IMPACT ON THE ORGANIZATION'S TAX EXEMPT BONDS AND THE ASSOCIATED FEDERAL TAX REGULATIONS. THE ORGANIZATION ADOPTED THIS WRITTEN POLICY IN JANUARY 2015. Sch K, Part IV, Line 2c, ISSUER NAME: St. Joseph County, Indiana: No Rebate Due. THE CALCULATION FOR COMPUTING NO REBATE DUE WAS PERFORMED ON 4/13/2011. SCHEDULE K, PART IV, LINE 7, WRITTEN PROCEDURES DURING THE FISCAL YEAR ENDED JUNE 30, 2014, THE ORGANIZATION WAS IN THE PROCESS OF ADOPTING WRITTEN PROCEDURES TO MONITOR THE ORGANIZATION'S ABILITY TO REMAIN IN COMPLIANCE WITH THE ARBITRAGE REQUIREMENTS UNDER SECTION 148 OF THE INTERNAL REVENUE CODE. THE ORGANIZATION STRIVES TO STAY ABREAST OF FEDERAL REGULATIONS AND CONSIDERS THE REPERCUSSIONS OF ALL SIGNIFICANT ACTIVITIES WHICH COULD FORESEEABLY HAVE AN IMPACT ON THE ORGANIZATION'S TAX EXEMPT BONDS AND THE ASSOCIATED FEDERAL TAX REGULATIONS. THE ORGANIZATION ADOPTED THIS WRITTEN POLICY IN JANUARY 2015. SCHEDULE K, PART V, WRITTEN PROCEDURES DURING THE FISCAL YEAR ENDED JUNE 30, 2014, THE ORGANIZATION WAS IN THE PROCESS OF ADOPTING WRITTEN PROCEDURES WHICH DICTATE HOW MANAGEMENT TIMELY IDENTIFIES AND CORRECTS VIOLATIONS OF FEDERAL TAX REQUIREMENTS USING THE VOLUNTARY CLOSING AGREEMENT PROGRAM (VCAP) PROVIDED BY THE IRS WHEN SELF-REMEDIATION IS NOT AVAILABLE TO THE ORGANIZATION. THE ORGANIZATION STRIVES TO STAY ABREAST OF FEDERAL REGULATIONS AND CONSIDERS THE REPERCUSSIONS OF ALL SIGNIFICANT ACTIVITIES WHICH COULD FORESEEABLY HAVE AN IMPACT ON THE ORGANIZATION'S TAX EXEMPT BONDS AND THE ASSOCIATED FEDERAL TAX REGULATIONS. IN THE EVENT A VIOLATION IS IDENTIFIED THE ORGANIZATION'S POLICY IS TO CORRECT THE VIOLATION AS SOON AS POSSIBLE, WHILE WORKING WITH THE FEDERAL AUTHORITIES AS NECESSARY TO ENSURE THAT SUFFICIENT CONTROLS ARE PRESENT WHICH WILL GUARD AGAINST FUTURE VIOLATIONS. THE ORGANIZATION ADOPTED THIS WRITTEN POLICY IN JANUARY 2015. BARBARA CASSADY SPOUSE (THOMAS CASSADY, JR.) IS A BOARD MEMBER 37941 EMPLOYEE COMPENSATION false FORM 990, PART III, LINE 1, ORGANIZATION'S MISSION (CONTINUED FROM PART III) HOLY CROSS VILLAGE AT NOTRE DAME WAS ESTABLISHED AS A FAITH-BASED, NON-PROFIT ORGANIZATION AND HAS SINCE DEDICATED ITSELF TO PROVIDING HOUSING, HEALTH CARE AND SUPPORT SERVICES EXCLUSIVELY TO OLDER ADULTS IN WAYS THAT PROMOTE INDEPENDENCE AND A HEALTHY, ACTIVE LIFESTYLE THROUGH A CONTINUING CARE RETIREMENT COMMUNITY. HOLY CROSS VILLAGE IS NORTHERN INDIANA'S PREMIER CONTINUING CARE RETIREMENT COMMUNITY. OFFERING RESIDENTIAL LIVING, LIFELONG LEARNING AND SECURITY FOR THE FUTURE, HOLY CROSS VILLAGE IS THE PERFECT RETIREMENT OPTION FOR THOSE SEEKING AN ACTIVE, INDEPENDENT LIFESTYLE WITH SERVICES AND AMENITIES TO KEEP THE MIND, BODY AND SPIRIT YOUNG. THE ORGANIZATION STRIVES TO: - ENHANCE THE QUALITY OF SENIORS' LIVES THROUGH WELLNESS PROGRAMS AND ENGAGING LIFELONG LEARNING ACTIVITIES; - PROVIDE THE HIGHEST QUALITY OF LIVING AND PERSONAL CARE WHILE RESPECTING THE RESIDENTS' INDIVIDUAL DIGNITY AND RIGHT TO PERSONAL CHOICE; - PROVIDE A HOME-LIKE ATMOSPHERE THAT ALLOWS RESIDENTS TO ENJOY THE ADVANTAGES OF COMMUNITY LIVING WITHOUT COMPROMISING THEIR INDIVIDUALITY, DIGNITY OR PRIVACY; AND - WORK TO CREATE A MODEL OF SUCCESSFUL AGING THAT ENHANCES EVERY PERSON'S POTENTIAL AND LESSENS THE EFFECTS OF GETTING OLDER. FORM 990, PART III, LINE 4A, INDEPENDENT AND ASSISTED LIVING (CONTINUED FROM PART III) 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, 2014 THE ORGANIZATION PROVIDED SERVICES TO 201 RESIDENTS IN AN INDEPENDENT LIVING SETTING WITH 152 APARTMENTS AND VILLAS, AS WELL AS 63 RESIDENTS IN AN ASSISTED LIVING SETTING WITH 46 APARTMENTS. FORM 990, PART III, LINE 4B, SKILLED NURSING AND MEMORY CARE (CONTINUED FROM PART III) 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, 2014, THE ORGANIZATION PROVIDED SERVICES TO 138 RESIDENTS IN A NURSING SETTING WITH 36 BEDS AND A NURSING DEMENTIA CENTER WITH 12 ROOMS. Form 990, Part VI, Sec A, Line 1a, Delegate broad authority to a committee THE BOARD, BY RESOLUTION OF A MAJORITY OF THE DIRECTORS THEN IN OFFICE, 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 COMMITTEES SHALL BE APPOINTED BY THE BOARD OR BY THE CHAIRPERSON, SUBJECT TO THE APPROVAL OF THE BOARD. EACH COMMITTEE AUTHORIZED TO EXERCISE ANY POWER OF THE BOARD (AS OPPOSED TO MERELY ADVISORY COMMITTEES) SHALL HAVE AT LEAST TWO (2) DIRECTORS AND MAY CONSIST OF PERSONS OTHER THAN DIRECTORS, PROVIDED THAT AT LEAST A MAJORITY OF SUCH COMMITTEE MEMBERS ARE DIRECTORS. THE EXECUTIVE COMMITTEE SHALL BE A STANDING COMMITTEE, AND SHALL HAVE AND MAY EXERCISE ALL POWERS OF THE BOARD (SUBJECT TO THE LIMITATIONS SET FORTH IN THE ORGANIZATION'S BYLAWS) BETWEEN MEETINGS OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRPERSON, PRESIDENT AND TWO OTHER DIRECTORS SELECTED BY THE CHAIRMAN, SUBJECT TO THE APPROVAL OF THE BOARD. ACTIONS DULY TAKEN BY THE EXECUTIVE COMMITTEE WITHIN THE SCOPE OF ITS AUTHORITY SHALL BE CONSIDERED THE ACTIONS OF THE BOARD. Form 990, Part VI, Sec A, 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, Sec A, Line 7a, Members or stockholders electing members of governing body THE BROTHERS OF HOLY CROSS, THE ORGANIZATION'S SOLE MEMBER, HAS THE POWER TO APPOINT AND REMOVE THE MEMBERS OF THE BOARD OF DIRECTORS, INCLUDING THE CHAIRPERSON. Form 990, Part VI, Sec A, Line 7b, Decisions requiring approval by members or stockholders THE BROTHERS OF HOLY CROSS, THE ORGANIZATION'S SOLE MEMBER, HAS THE FOLLOWING ADDITIONAL RESERVED POWERS: 1. TO REVIEW AND CONSULT WITH THE HCV BOARD ON ANY CHANGES TO OR DEVIATIONS FROM THE MISSION AND VALUES OF HCV AND TO APPROVE ANY SUCH CHANGES OR DEVIATIONS. 2. TO APPROVE THE CORPORATION'S ANNUAL AND CAPITAL BUDGETS AND SIMILAR DOCUMENTS DEVELOPED BY THE BOARD. 3. TO APPROVE AMENDMENTS TO THE ARTICLES OF INCORPORATION, BYLAWS AND SIMILAR GOVERNING DOCUMENTS OF THE CORPORATION. 4. TO APPOINT AND REMOVE DIRECTORS TO THE BOARD. 5. TO APPOINT AND REMOVE THE CHAIRPERSON AND THE PRESIDENT BASED UPON RECOMMENDATIONS OF THE HCV BOARD. 6. TO APPROVE ANY MERGER, CONSOLIDATION, DISSOLUTION OR LIQUIDATION OF THE CORPORATION. 7. TO APPROVE THE PURCHASE, SALE, DONATION, LEASE, MORTGAGE, OR ANY OTHER ACQUISITION, DISPOSITION OR ENCUMBRANCE OF ANY ASSETS OF THE CORPORATION, EXCEPT WITH RESPECT TO TRANSACTIONS WITHIN LIMITS DELEGATED TO THE CORPORATION, OR SPECIFICALLY APPROVE AS PART OF A STRATEGIC AND FINANCIAL PLAN OF THE CORPORATION. 8. TO APPROVE THE ESTABLISHMENT, TERMINATION, TRANSFER OR OTHER ACQUISITION OR DISPOSITION OF ANY MAJOR MINISTRY, WORK OR SIMILAR PROGRAM BY HCV. 9. TO APPROVE THE CREATION OF ANY NEW AFFILIATE OR ANY AFFILIATION OF THE CORPORATION WITH ANOTHER ENTITY. 10. TO APPROVE THE INCURRENCE OF INDEBTEDNESS, THE MAKING OF LOANS TO OTHER ENTITIES OR THE GUARANTY OF ANY INDEBTEDNESS OF OTHERS, BY THE CORPORATION, FOR AMOUNTS IN EXCESS OF THE MEMBER-SPECIFIED LIMITS, EXCEPT WITH RESPECT TO TRANSACTIONS SPECIFICALLY APPROVED AS PART OF A STRATEGIC AND FINANCIAL PLAN OF THE CORPORATION. 11. TO ESTABLISH DOLLAR LIMITS BELOW WHICH THE CORPORATION MAY AUTHORIZE FINANCIAL EXPENDITURES, INCLUDING CONTRACTS INVOLVING SUCH EXPENDITURES. 12. TO ESTABLISH DOLLAR LIMITS BELOW WHICH THE CORPORATION MAY AUTHORIZE LITIGATION SETTLEMENTS OR ANY RELEASE OR CANCELLATION BY THE CORPORATION OF A CLAIM OR RIGHT OF ACTION AGAINST ANOTHER PARTY. Form 990, Part VI, Sec B, Line 11b, Review of form 990 by governing body THE ORGANIZATION'S MANAGEMENT REVIEWED A DRAFT OF THE FORM 990 IN DETAIL. A FINAL DRAFT OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, ALONG WITH A MANAGEMENT SUMMARY WAS THEN PRESENTED TO THE ORGANIZATION'S FINANCE COMMITTEE IN JANUARY 2015. A COPY OF THE FULL FORM 990 AND MANAGEMENT SUMMARY WAS THEN PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS IN FEBRUARY 2015 FOR REVIEW PRIOR TO ITS FILING WITH THE IRS. Form 990, Part VI, Sec B, Line 12c, Conflict of interest policy THE SECRETARY OF THE BOARD OF DIRECTORS DISTRIBUTES THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, WHICH INCLUDES A CONFLICT OF INTEREST QUESTIONNAIRE, TO THE BOARD MEMBERS ANNUALLY. THE SECRETARY COLLECTS AND REVIEWS THE COMPLIANCE QUESTIONNAIRE FORMS FOR ANY POTENTIAL CONFLICTS OF INTEREST. IF ANY ACTUAL CONFLICTS OF INTEREST ARE DETERMINED TO EXIST, THE BOARD MEMBER IS RECUSED FROM VOTING ON THE CONFLICTING ISSUE. IN ADDITION, A REVIEW OF THE CONFLICT OF INTEREST POLICY AND COMPLETION OF A COMPLIANCE QUESTIONNAIRE IS PART OF EVERY EMPLOYEES' ANNUAL REVIEW. THIS ANNUAL REVIEW IS DONE BY THE INDIVIDUAL'S DIRECT SUPERVISOR AND THE HUMAN RESOURCE DIRECTOR. FORM 990, PART VI, LINE 15, PROCESS USED TO ESTABLISH COMPENSATION IN APRIL 2013, THE COMPENSATION 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. MERCER ANALYZED DATA FROM FIVE MAJOR NATIONAL COMPENSATION SURVEYS AS WELL AS REGIONAL DATA. THE COMPENSATION COMMITTEE MET ON JUNE 7, 2013, TO REVIEW THE FINDINGS OF MERCER'S STUDY AND PROVIDE RECOMMENDATIONS FOR ANY ADJUSTMENTS TO COMPENSATION LEVELS FOR SEVERAL KEY POSITIONS, INCLUDING THE PRESIDENT/CEO, CFO, AND TREASURER/CONTROLLER. THE COMPENSATION COMMITTEE'S REVIEW, RECOMMENDATIONS, AND APPROVAL WERE DOCUMENTED IN THE MEETING MINUTES. Form 990, Part VI, Sec C, Line 19, Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC, EITHER IN PRINTED OR PDF COPY, UPON REQUEST Form 990, Part IX, Line 11g, Other Expenses THERAPY - TOTAL EXPENSE: 503924, PROGRAM SERVICE EXPENSE: 503924, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; DINING SERVICES - TOTAL EXPENSE: 1162529, PROGRAM SERVICE EXPENSE: 1081787, MANAGEMENT AND GENERAL EXPENSES: 80742, FUNDRAISING EXPENSES: ; PLANT REPAIRS AND MAINTENANCE - TOTAL EXPENSE: 446153, PROGRAM SERVICE EXPENSE: 446153, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; GROUNDS - TOTAL EXPENSE: 221647, PROGRAM SERVICE EXPENSE: 221647, MANAGEMENT AND GENERAL EXPENSES: , FUNDRAISING EXPENSES: ; OTHER - TOTAL EXPENSE: 739562, PROGRAM SERVICE EXPENSE: 532774, MANAGEMENT AND GENERAL EXPENSES: 206788, FUNDRAISING EXPENSES: ; Form 990 , Part XI, Line 9, Other changes in net assets or fund balances CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION - 459352; TRANSFER TO MEMBER - -1544111; 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) 11 - Type II BROTHERS OF HOLY CROSS false false false true false false false false false false false true true true false false true true true false