PORTER HILLS PRESBYTERIAN VILLAGE INC: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- PORTER HILLS PRESBYTERIAN VILLAGE INC (EIN 38-6141735)
- Tax period
- 2012-07-01 to 2013-06-30
- Filed
- 2014-05-14
- IRS object ID
- 201421349349301452
- Schema version
- 2012v2.0
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule J
- Schedule K
- Schedule O
- Schedule R
- Reasonable Cause Explanation
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-05-14T08:14:10-07:00 | Timestamp |
| Tax Period End Date | 2013-06-30 | TaxPeriodEndDate |
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 386141735 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PORTER HILLS PRESBYTERIAN VILLAGE | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PORT | NameControl |
| Phone | 6169494975 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4450 Cascade Road | AddressLine1 |
| City | Grand Rapids | City |
| State | MI | State |
| ZIP Code | 49564 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Craig Vandenbos | Name |
| Title | Controller | Title |
| Phone | 6169541799 | Phone |
| Date Signed | 2014-05-15 | DateSigned |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Susan Stoddard | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4450 Cascade Road | AddressLine1 |
| City | Grand Rapids | City |
| State | MI | State |
| ZIP Code | 49564 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 30239964 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.porterhills.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1970 | YearFormation |
| State Legal Domicile | MI | StateLegalDomicile |
| Activity Or Mission Description | Assisted Living, Nursing Care, Independent living for Elderly | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 14 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 14 | NbrIndependentVotingMembers |
| Total Nbr Employees | 519 | TotalNbrEmployees |
| Total Nbr Volunteers | 299 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2421927 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 585414 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 17403914 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 18342395 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 276597 | InvestmentIncomePriorYear |
| Investment Income Current Year | 443506 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 10046346 | OtherRevenuePriorYear |
| Other Revenue Current Year | 10868649 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 30148784 | TotalRevenuePriorYear |
| Total Revenue Current Year | 30239964 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11511025 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11215940 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 17437322 | OtherExpensePriorYear |
| Other Expenses Current Year | 19454996 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 28948347 | TotalExpensesPriorYear |
| Total Expenses Current Year | 30670936 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1200437 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -430972 | RevenuesLessExpensesCY |
| Total Assets BOY | 76590525 | TotalAssetsBOY |
| Total Assets EOY | 75311959 | TotalAssetsEOY |
| Total Liabilities BOY | 97414604 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 94416078 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -20824079 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -19104119 | NetAssetsOrFundBalancesEOY |
| Mission Description | To provide a continuum of high quality communities and services for older adults in accordance with Christian values. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 23236586 | Expense |
| Grants | 0 | Grants |
| Revenue | 29211044 | Revenue |
| Description | Assisted Living, nursing care, independent living facility for the elderly. Total days of care in 2012-13 was 176,287. | Description |
| Total Of Other Program Service Exp | 0 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 0 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 23236586 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 1 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 17 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 519 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 14 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 14 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MI | StatesWhereCopyOfReturnIsFiled |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Craig Vandenbos | NamePerson |
| Telephone Number | 6169541799 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4450 Cascade Road | AddressLine1 |
| City | Grand Rapids | City |
| State | MI | State |
| ZIP Code | 49564 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (19 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Robert Daverman | ||||||||
| Board member | 1 | 0 | X | 0 | 0 | 0 | ||
| Cynthia Havard | ||||||||
| Board Member | 1 | 0 | X | 0 | 0 | 0 | ||
| Sharon Buursma | ||||||||
| Board Member | 1 | 0 | X | 0 | 0 | 0 | ||
| Martha Blandford | ||||||||
| Board Member | 1 | 0 | X | 0 | 0 | 0 | ||
| William Alt | ||||||||
| Board Member | 1 | 0 | X | 0 | 0 | 0 | ||
| Jon Pike | ||||||||
| Board member | 1 | 0 | X | 0 | 0 | 0 | ||
| James Williams | ||||||||
| Board member | 1 | 0 | X | 0 | 0 | 0 | ||
| Henry Capogna | ||||||||
| Board Member | 1 | 0 | X | 0 | 0 | 0 | ||
| Carol Hubbard | ||||||||
| Board Member | 1 | 0 | X | 0 | 0 | 0 | ||
| Willaim S Lawerence III | ||||||||
| Board Member | 1 | 0 | X | 0 | 0 | 0 | ||
| Mark Yost | ||||||||
| First Vice Chair | 2 | 0 | 0 | 0 | 0 | X | ||
| Daniel Terpsma | ||||||||
| Treasurer | 2 | 0 | 0 | 0 | 0 | X | ||
| Reed Vanderslik | ||||||||
| COO | 50 | 0 | 138800 | 0 | 12620 | X | ||
| Jane Toot | ||||||||
| Secretary | 2 | 0 | 0 | 0 | 0 | X | ||
| Joseph Stojak | ||||||||
| Chair | 2 | 0 | 0 | 0 | 0 | X | ||
| Larry Yachcik | ||||||||
| CEO | 50 | 0 | 305689 | 0 | 7370 | X | ||
| Ingrid Weaver | ||||||||
| VP of Operations | 50 | 0 | 138786 | 0 | 12813 | X | ||
| Michelle Coberly | ||||||||
| Executive Director | 50 | 0 | 123646 | 0 | 11562 | X | ||
| Susan Stoddard | ||||||||
| VP of Finance | 50 | 0 | 14808 | 0 | 0 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 721729 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 44365 | TotalOtherCompensation |
| Number Individuals GT100 K | 7 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| Creative Dining Services | |||||
| One Royal Park Drive | Zeeland | MI | 49464 | Food Service | 1429198 |
| Mary Free Bed | |||||
| 235 Wealthy Street | Grand Rapids | MI | 49503 | Therapy Services | 1139936 |
| Omnicare | |||||
| po Box 715268 | Columbus | OH | 43271 | Pharmacy | 329324 |
| Salon PS | |||||
| 55 Public Square St 1180 | Cleveland | OH | 44113 | Beauty salon | 154060 |
| VCPI | |||||
| 111 W Michigan St | Milwaukee | WI | 53203 | Computer hosting service | 316662 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
| Federated Campaigns | 0 | FederatedCampaigns |
| Membership Dues | 0 | MembershipDues |
| Fundraising Events | 0 | FundraisingEvents |
| Related Organizations | 585414 | RelatedOrganizations |
| Government Grants | 0 | GovernmentGrants |
| All Other Contributions | 0 | AllOtherContributions |
| Noncash Contributions | 0 | NoncashContributions |
| Total Contributions | 585414 | TotalContributions |
Program Service Revenue ProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | Net Program Services | Description |
| Business Code | 623990 | BusinessCode |
| Total Revenue Column | 18342395 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18342395 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 18342395 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 443506 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $443,506 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
| Other | 0 | Other |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrbtns Rprtd Fundraising Events | 0 | CntrbtnsRprtdFundraisingEvents |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue | ExclusionExclusionAmount |
|---|---|---|---|---|---|
| Life Lease Income | 623990 | 1744178 | 1744178 | 0 | $0 |
| Maintenance fees & Supplemental charges | 623990 | 8821104 | 8821104 | 0 | $0 |
| Gain on Joint Venture | 900099 | 303367 | 303367 | 0 | $0 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $0 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 10868649 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 30239964 | TotalRevenueColumn |
| Related Or Exempt Function Income | 29211044 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $443,506 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | X | InfoInScheduleOPartIX |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 821729 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 821729 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 7541606 | Total |
| Program Services | 6961105 | ProgramServices |
| Management And General | 580501 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2332968 | Total |
| Program Services | 1963505 | ProgramServices |
| Management And General | 369463 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 519637 | Total |
| Program Services | 347328 | ProgramServices |
| Management And General | 172309 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Management And General | 0 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 92738 | Total |
| Management And General | 92738 | ManagementAndGeneral |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 34754 | Total |
| Management And General | 34754 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5552225 | Total |
| Program Services | 4513356 | ProgramServices |
| Management And General | 1038869 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 114430 | Total |
| Management And General | 114430 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 152970 | Total |
| Program Services | 77840 | ProgramServices |
| Management And General | 75130 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 547092 | Total |
| Program Services | 49159 | ProgramServices |
| Management And General | 497933 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2951345 | Total |
| Program Services | 2270346 | ProgramServices |
| Management And General | 680999 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 55639 | Total |
| Program Services | 2383 | ProgramServices |
| Management And General | 53256 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2360343 | Total |
| Program Services | 2172955 | ProgramServices |
| Management And General | 187388 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3130565 | Total |
| Program Services | 2915170 | ProgramServices |
| Management And General | 215395 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 181201 | Total |
| Program Services | 181201 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| bad debt | 30788 | 30788 | 0 | 0 |
| Corporate Overhead | 2463032 | 0 | 2463032 | 0 |
| Medical & Misc Supplies | 1737893 | 1734230 | 3663 | 0 |
| Dues and subscriptions | 49981 | 17220 | 32761 | 0 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 30670936 | Total |
| Program Services | 23236586 | ProgramServices |
| Management And General | 7434350 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20402 | BOY |
| EOY | 122075 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1619742 | BOY |
| EOY | 1952180 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 790764 | BOY |
| EOY | 1824310 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 193496 | BOY |
| EOY | 206700 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 102497265 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 41924093 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62315411 | BOY |
| EOY | 60573172 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10263172 | BOY |
| EOY | 8841098 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1387538 | BOY |
| EOY | 1792424 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76590525 | BOY |
| EOY | 75311959 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7695587 | BOY |
| EOY | 8378403 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 69677087 | BOY |
| EOY | 68079318 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4169606 | BOY |
| EOY | 3736042 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15872324 | BOY |
| EOY | 14222315 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 97414604 | BOY |
| EOY | 94416078 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -20824079 | BOY |
| EOY | -19104119 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -20824079 | BOY |
| EOY | -19104119 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 76590525 | BOY |
| EOY | 75311959 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -430972 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 283055 | ReconciliationUnrealizedInvest |
| Reconcilation Donated Services | 0 | ReconcilationDonatedServices |
| Reconcilation Invest Expenses | 0 | ReconcilationInvestExpenses |
| Reconcilation Prior Adjustment | 0 | ReconcilationPriorAdjustment |
| Reconcilation Other Changes | 1867877 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1089872 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 641593 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 541126 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2421927 | CurrentTaxYearMinus1Year |
| Current Tax Year | 585414 | CurrentTaxYear |
| Total | 5279932 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 23746234 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 24992484 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 25950039 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 27020569 | CurrentTaxYearMinus1Year |
| Current Tax Year | 29211044 | CurrentTaxYear |
| Total | 130920370 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 24836106 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 25634077 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 26491165 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 29442496 | CurrentTaxYearMinus1Year |
| Current Tax Year | 29796458 | CurrentTaxYear |
| Total | 136200302 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 136200302 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 289473 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 899475 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1153076 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 706288 | CurrentTaxYearMinus1Year |
| Current Tax Year | 443506 | CurrentTaxYear |
| Total | 3491818 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 289473 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 899475 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1153076 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 706288 | CurrentTaxYearMinus1Year |
| Current Tax Year | 443506 | CurrentTaxYear |
| Total | 3491818 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 25125579 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 26533552 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 27644241 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 30148784 | CurrentTaxYearMinus1Year |
| Current Tax Year | 30239964 | CurrentTaxYear |
| Total | 139692120 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.97500 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.97432 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.02500 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.02568 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Volunteers | 0 | Volunteers |
| Paid Staff Or Management | 0 | PaidStaffOrManagement |
| Media Advertisements | 0 | MediaAdvertisements |
| Mailings Members | 0 | MailingsMembers |
| Publications Or Broadcast | 0 | PublicationsOrBroadcast |
| Grants Other Organizations | 0 | GrantsOtherOrganizations |
| Direct Contact Legislators | 0 | DirectContactLegislators |
| Rallies Demonstrations | 0 | RalliesDemonstrations |
| Other Activities | 1 | OtherActivities |
| Other Activities | $526 | OtherActivitiesAmount |
| Total Lobbying Expenditures IIB | 526 | TotalLobbyingExpendituresIIB |
| Not Described In501c3 | 0 | NotDescribedIn501c3 |
Form990 Schedule C Part IV Form990ScheduleCPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SchC_P2B_S00_L01 | Identifier |
| Return Reference | Schedule C, Part II-B, Line 1 | ReturnReference |
| Explanation | Porter Hills pays a membership fee to Leading Age services of Michigan and part of those membership fees are used to lobby. | Explanation |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 4907226 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Book Value | 4907226 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 89702925 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 38292898 | Depreciation |
| Book Value | 51410027 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 7887114 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 3631195 | Depreciation |
| Book Value | 4255919 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 0 | InvestmentCostOrOtherBasis |
| Other Cost Or Other Basis | 0 | OtherCostOrOtherBasis |
| Depreciation | 0 | Depreciation |
| Book Value | 0 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 60573172 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| Deferred Life Lease Income | $10,783,870 |
| Fair Market value of SWAP | $3,380,581 |
| Other Long Term Liabilities | $57,864 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 14222315 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 30523019 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 283055 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 0 | DonatedSrvcAndUseOfFacilities |
| Recoveries Of Prior Year Grants | 0 | RecoveriesOfPriorYearGrants |
| Other Revenues | 0 | OtherRevenues |
| Revenue Not Rptd F990 | 283055 | RevenueNotRptdF990 |
| Revenue Subtotal | 30239964 | RevenueSubtotal |
| Investment Expenses Not Included | 0 | InvestmentExpensesNotIncluded |
| Other Revenues Not Included | 0 | OtherRevenuesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 30239964 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 30670936 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 0 | DonatedServicesUseOfFacilities |
| Prior Year Adjustments | 0 | PriorYearAdjustments |
| Losses Reported | 0 | LossesReported |
| Other Expenses Included | 0 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 30670936 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 0 | InvestmentExpensesNotIncluded2 |
| Other Expenses Not Included | 0 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 30670936 | TotalExpensesPerForm990 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 1 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Larry Yachcik | NamePerson |
| Title | CEO | Title |
| Base Compensation Filing Org | 258760 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 33751 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 13178 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 0 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 1941 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 307630 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| SchJ_P01_S00_L01a | Schedule J, Part I, Line 1a | Porter Hills Presbyterian Village pays a country club fee for the President of the company. The total cost is $14,755. |
| SchJ_P01_S00_L04 | Schedule J, Part I, Line 4 | The President of Porter Hills Presbyterian Village particiapates in a 457 plan. $15,000 was the employers contribution into the plan. |
| SchJ_P01_S00_L07 | Schedule J, Part I, Line 7 | Part of the compensation is variable and at the discretion of the Board of Directors. |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Grand Rapids Charter Township | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 386005448 | IssuerEIN |
| CUSIP Number | 386211BA3 | CUSIPNumber |
| Date Issued | 2003-07-01 | DateIssued |
| Issue Price | 35565000 | IssuePrice |
| Description Of Purpose | Financing Cost of Advanced Refunding | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 0 | TotalProceeds |
| Amount In Reserve Fund | 0 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 0 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 0 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2003 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 1 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0 | TotalPrivateBusinessUse |
| Bond Iss Meet Prvt Security Pay Test | 1 | BondIssMeetPrvtSecurityPayTest |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedProp |
| Non Qualified Bond Remed Procdrs | 1 | NonQualifiedBondRemedProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiled |
| Rebate Not Due Yet | 0 | RebateNotDueYet |
| Exception To Rebate | 0 | ExceptionToRebate |
| No Rebate Due | 0 | NoRebateDue |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wells Fargo and Huntington Bank | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Written Proc To Monitor Reqs | 1 | WrittenProcToMonitorReqs |
Form990 Schedule K Part V Form990ScheduleKPartV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Proc To Undertk Corrective Action | 0 | ProcToUndertkCorrectiveAction |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (9 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| F990_P06_S0A_L06 | Form 990, Part VI, Section A, Line 6 | Westminster Presbyterian Church is the sole share holder of stock in Porter Hills Presbyterian Village. |
| F990_P06_S0A_L07a | Form 990, Part VI, Section A, Line 7a | Westminster Presbyterian Church can elect board members to Porter Hills Presybterian Village. |
| F990_P06_S0A_L07b | Form 990, Part VI, Section A, Line 7b | The slate of Porter Hills Presbyterian Village Board members needs approval by Westminster Church's Board of Dirctors. |
| F990_P06_S0B_L11b | Form 990, Part VI, Section B, Line 11b | The form 990 was reviewed by the VP of Finance before it was filed. |
| F990_P06_S0B_L12c | Form 990, Part VI, Section B, Line 12c | Officers, Directors, Trustees and key employees are required to annually disclose whether or not they have any interest that may result in a conflict. The form which they sign reqiures them to promptly report any possible existence of a conflict of interest for themselves or anyone else subject to the policy. If a possible conflict was reported on the annual form or if notice was given after the annual disclosure, the information disclosed would be evaluated and if necessary, compliance would be enforced. |
| F990_P06_S0B_L15 | Form 990, Part VI, Section B, Line 15 | For executive compensation a minimum of three sources are used. Each source is a third party organization specializing in compensation in the West Michigan Area. The information is then compiled by the HR department and used to make a recommendation on the salary for each person. The recommendation is reviewed and approved by an independent person. |
| F990_P06_S0C_L19 | Form 990, Part VI, Section C, Line 19 | The financials and form 990 are available upon request. |
| F990_P09_S00_L11g | Form 990, Part IX, Line 11g | Food Service fees of $1,429,198, Therapy Charges for Medicare residents of $1,139,935, Agency for nursing staff of $157,530, State of Michigan for Quality Assurance Assesment of $438,972, Salon Charges for outsourcing beauty shop $154,060, and other misc charges. |
| F990_P11_S00_L09 | Form 990, Part XI, Line 9 | Change in Fair value of Interest swap agreements. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (12 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| Porter Hills Foundation | ||||||||||
| 4450 Cascade Road | Grand Rapids | MI | 49564 | 383243846 | Supporting Organization | MI | 501 C 3 | 11A | Porter Hills Presbyterian Village | |
| Meadowlark Retirement Home | ||||||||||
| 4450 Cascade Road | Grand Rapids | MI | 49564 | 383373281 | Retirement Home | MI | 501 C 3 | 7 | Porter Hills Presbyterian Village | 0 |
| Porter Hills Home Health West | ||||||||||
| 4450 Cascade Road | Grand Rapids | MI | 49564 | 383384372 | Home Care | MI | 501 C 3 | 9 | Porter Hills Presbyterian Village | 0 |
| Gerontology Network | ||||||||||
| 516 Cherry SE | Grand Rapids | MI | 49503 | 382774701 | Health Services | MI | 501 C 3 | 7 | Porter Hills Presbyterian Village | |
| Walker Meadow Retirement | ||||||||||
| 1101 Wilson Ave | Grand Radids | MI | 49534 | 383283760 | Retirement Home | MI | 501 C 3 | 7 | Porter Hills Presbyterian Village | 0 |
| Oak Ridge Retirement | ||||||||||
| 3781 Giddings | Grand Rapids | MI | 49508 | 383382610 | Retirement Home | MI | 501 C 3 | 7 | Porter Hills Presbyterian Village | 0 |
| Harvest Way Retirement | ||||||||||
| 100 Ida Red | Sparta | MI | 49345 | 383445251 | Retirement Home | MI | 501 C 3 | 7 | Porter Hills Presbyterian Village | 0 |
| River Grove Retirement | ||||||||||
| 5761 Jupiter Ave | Belmont | MI | 49306 | 383519530 | Retirement Home | MI | 501 C 3 | 7 | Porter Hills Presbyterian Village | 0 |
| Baileys Retirement | ||||||||||
| 5252 Baileys Center | Kentwood | MI | 49512 | 383643825 | Retirement Home | MI | 501 C 3 | 7 | Porter Hills Presbyterian Village | 0 |
| Station Creek | ||||||||||
| 10010 Crossroad Court | Caledonia | MI | 49316 | 200771871 | Retirement Home | MI | 501 c 3 | 7 | Porter Hills Presbyterian Village | 0 |
| Life Circles | ||||||||||
| 560 Seminole Road | Muskegon | MI | 49444 | 260170498 | PACE program | MI | 501 C 3 | 9 | Porter Hills Presbyterian Village | 0 |
| Porter Hills Home Health East | ||||||||||
| 4450 Cascade Road | Grand Rapids | MI | 49546 | 383358620 | Private Duty and Transportation Company | MI | 501 c 3 | line 9 | Porter Hills Presbyterian Village | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 1 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (12 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| Porter Hills Foundation | ||
| c | 585414 | donations from Porter Hills Foundation that has veen transferred from the foundation to Porter Hills Presbyterian Village for benevolent care and other restricted costs. |
| Porter Hills Home Health West | ||
| a-iv | 70800 | Porter Hills Presbyterian Village leases part of their facility to Porter Hills Home Health West. |
| Porter Hills Home Health East | ||
| m | 453576 | Porter Hills Home Health East provides residential services for Porter Hills Village's residents and the general public. |
| Life Circles | ||
| l | 350000 | Porter Hills Presbyterian Village receives a management fee from Life Circles for management services Performed. |
| Gerontology Network | ||
| l | 111834 | Gerontology Network pays a management and Accounting fee to Porter Hills Presbyterian Village for accounting and management services. |
| Walker Meadow Retirement | ||
| l | 34672 | Porter Hills Corporate offce receives a management and accounting fee from Walker Meadow Retirement for accounting and management services. |
| Oak Ridge Retirement | ||
| l | 44283 | Porter Hills Corporate receives a managment and accounting fee from Oak Ridge Retirement for accounting and management services. |
| Harvest Way Retirement | ||
| l | 44526 | Porter Hills Corporate office receives a management and accounting fee from Harvest Way Retirement for accounting and management services. |
| River Grove Retirement | ||
| l | 36387 | Porter Hills Corporate receives a management and accouting fee from River Grove Retirement for accounting and management services. |
| Station Creek | ||
| l | 45945 | Porter Hills Corporate receives a management and accounting fee from Station Creek Retirement for accounting and management services. |
| Baileys Retirement | ||
| l | 39391 | Porter Hills Corporate receives a management and accounting fee from Baileys Grove Retirement for accounting and management services. |
| Gerontology Network | ||
| d | 639118 | Porter Hills Presbyterian VIllage was a guarantee for Gerontology Networks line of credit. |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | form 8868 was filed and approve for extension by the IRS. | Explanation |