2026-01-13T13:46:58+00:00 2025-03-31 331498605 Plante & Moran PLLC 10 SOUTH RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2024-04-01 471545753 PRESBYTERIAN HOMES PRES 8479793902 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 NADIM ABI-ANTOUN Principal Officer 2026-01-14 true DAVID LOWENTHAL CPA P00378651 3122071040 2026-01-14 2024 2025-03-06 01:10:19Z PRESBYTERIAN LIVING NADIM ABI-ANTOUN 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 145875807 false X WWW.PRESBYTERIANLIVING.ORG X 2014 IL PRESBYTERIAN HOMES, DBA PRESBYTERIAN LIVING, A FAITH BASED NOT FOR PROFIT, CREATES VIBRANT COMMUNITIES FOR OLDER ADULTS THAT INSPIRE WELLNESS, INDEPENDENCE, JOY, AND SECURITY - ENRICHING THE LIVES OF RESIDENTS AND THEIR FAMILIES. 16 16 999 251 0 4596511 2366529 94452519 101079574 6784718 6355158 5924652 6006313 111758400 115807574 0 0 46301542 46687494 0 0 51653610 53771123 97955152 100458617 13803248 15348957 466853965 477921235 349341700 343246121 117512265 134675114 X PRESBYTERIAN HOMES, DBA PRESBYTERIAN LIVING, A FAITH BASED NOT FOR PROFIT, CREATES VIBRANT COMMUNITIES FOR OLDER ADULTS THAT INSPIRE WELLNESS, INDEPENDENCE, JOY, AND SECURITY - ENRICHING THE LIVES OF RESIDENTS AND THEIR FAMILIES. false false 40037460 0 52628408 LAKE FOREST PLACE AND THE MOORINGS OF ARLINGTON HEIGHTS ("THE MOORINGS") ARE NOT-FOR-PROFIT INDEPENDENT LIVING, LIFE PLAN COMMUNITIES (FORMERLY KNOWN AS CONTINUING CARE RETIREMENT COMMUNITIES). INDEPENDENT LIVING FACILITIES AT LAKE FOREST PLACE AND THE MOORINGS CONSIST A TOTAL OF 536 APARTMENTS, VILLAS AND COTTAGES. AVAILABLE RESIDENTIAL SERVICES INCLUDE FLEXIBLE DINING OPTIONS, HOUSEKEEPING AND COMPLETE MAINTENANCE SERVICES, TRANSPORTATION AS WELL AS PLANNED SOCIAL AND EDUCATIONAL ACTIVITIES AND PROGRAMS. TEN TWENTY GROVE IS AN INDEPENDENT LIVING FACILITY CONSISTING OF 47 APARTMENTS. DURING THE FILING YEAR, THE THREE INDEPENDENT LIVING FACILITIES SERVED A TOTAL OF 800 INDEPENDENT LIVING RESIDENTS DURING THE FILING YEAR. 26955857 0 28066680 LAKE FOREST PLACE AND THE MOORINGS HEALTH CARE CENTERS PROVIDE NURSING CARE FOR BOTH SHORT AND LONG TERM STAYS. RESPITE, REHABILITATION, AND PROGRAMS TO CARE FOR THOSE WITH ALZHEIMER'S DISEASE AND OTHER COGNITIVE IMPAIRMENTS ARE ALSO AVAILABLE. LAKE FOREST PLACE HEALTH CARE CENTER CONSISTS OF 50 SKILLED, MEDICARE CERTIFIED NURSING BEDS. THE MOORINGS HEALTH CARE CENTER CONSISTS OF 57 SKILLED, MEDICARE-CERTIFIED NURSING BEDS AND 39 INTERMEDIATE AND MEMORY CARE BEDS. THE TWO HEALTH CARE CENTERS SERVED A TOTAL OF 883 RESIDENTS DURING THE FILING YEAR. 17029219 0 20082539 ASSISTED FACILITIES AT LAKE FOREST PLACE AND THE MOORINGS CONSIST OF 144 UNITS. THE PROGRAM PROVIDES CARE TO OLDER ADULTS WHO NEED ASSISTANCE WITH PERSONAL CARE AND DAILY ACTIVITIES. BOTH FACILITIES SERVED A TOTAL OF 204 ASSISTED LIVING RESIDENTS DURING THE FILING YEAR. 0 0 2217996 REVENUE IS RELATED TO PROCEEDS FROM INSURANCE CLAIMS AND INCOME FROM OTHER PROGRAM ACTIVITIES. 2217996 84022536 true true false false false false false false false false true false false false true true false true false false false false false false false false false false false true true false false false false false false false false false false false false false false true true true true false false true 125 0 true 999 true false false false false false false false false false false false false X 16 16 false false false false false false false true true false false false true true true true true true true true false false IL X MARK HAVRILKA 8479793904 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 ELINOR HITE Director /Secretary 1.0 2.0 X X 0 0 0 ERIC MOLLMAN Director /Co-Chair 1.0 2.0 X X 0 0 0 MIKE LINCOLN Director /Treasurer 1.0 2.0 X X 0 0 0 VINCE KELLY Director /Co-Chair 1.0 2.0 X X 0 0 0 CHARLIE DENISON Director 1.0 2.0 X 0 0 0 DENNIS MARX Director 1.0 2.0 X 0 0 0 JESSICA STRAUSBAUGH Director 1.0 2.0 X 0 0 0 JIM BRAULT Director 1.0 2.0 X 0 0 0 JULIE SEYMOUR Director 1.0 2.0 X 0 0 0 MARK WETZEL Director 1.0 2.0 X 0 0 0 MARSHA OBERREIDER Director 1.0 2.0 X 0 0 0 PAULA NOBLE Director 1.0 2.0 X 0 0 0 REV MICHAEL KIRBY Director 1.0 2.0 X 0 0 0 ROBERT DEARBORN Director 1.0 2.0 X 0 0 0 SAM REYNOLDS Director 1.0 2.0 X 0 0 0 THOMAS MCAFEE Director 1.0 2.0 X 0 0 0 MARK HAVRILKA CFO 24.5 13.0 X 697225 0 110992 NADIM ABI-ANTOUN CEO 19.0 18.5 X 939197 0 217349 SHANNON GUTIERREZ COO 24.5 13.0 X 389561 0 35207 ANTHONY MADL Exec. Dir. Lake Forest Place 37.5 0.0 X 204318 0 45096 JOSEPH HASSEL VP, Facility Management 28.0 9.5 X 293579 0 48016 LISA VANDERMARK Exec. Dir. The Moorings 37.5 0.0 X 295802 0 66479 SAMANTHA VICTOR-ALVARADO VP, Human Resources 26.0 11.5 X 216648 0 67064 ALPANA PATEL VP, Clinical Services 24.5 13.0 X 238709 0 38275 CHERYL MILLER Director of Risk, Compliance & Legal 24.5 0.0 X 200470 0 38633 LINDSEY AUMICK Director of Finance 24.5 13.0 X 237036 0 24800 RAMONA WILT VP, Marketing and Sales 24.5 13.0 X 256670 0 54408 RAYMOND BENEGAS VP, Information Technology 28.0 9.5 X 257890 0 61115 ANDREW WISSEL Director, HR / Former VP, HR 24.5 13.0 X 181929 0 38704 TODD SWORTZEL Executive Advisor/Former CEO 15.0 22.5 X 853267 0 12202 5262301 0 858340 62 true true false UNIDINE CORPORATION 1000 Washington Street Suite 510 Boston MA 02118 Dining / Food Services 5098952 ATOMATIC MECHANICAL SERVICES INC 3733 N Ventura Dr Arlington Heights IL 60004 HVAC Mechanical Contractor 4361004 DULCIGNO BUILDERS 7336 Ridgeway Ave Skokie IL 60076 Construction 3824104 SKENDER CONSTRUCTION LLC 1330 W Fulton St STE 200 Chicago IL 60607 Construction 2010697 PERKINS EASTMAN ARCHITECTS DPC 209 South LaSalle Street Chicago IL 60604 Architectural Design and Planning 1887589 47 0 0 0 1341408 1025121 0 0 2366529 Independent Living Fees 623000 36815584 36815584 Health Care Fees 623000 28066680 28066680 Assisted Living Fees 623000 20082539 20082539 Deferred Entrance Fee Income 623000 15812824 15812824 301947 301947 0 0 101079574 5692097 5692097 36900 0 36900 0 36900 36900 30255000 29591939 663061 0 663061 663061 0 0 463302 476294 -12992 -12992 Management Fees 561000 4066356 4066356 Net Proceeds From Insurance Claims 623000 1916049 1916049 0 0 0 0 5982405 115807574 102995623 0 10445422 3247905 3247905 35141371 29607241 5534130 1361164 1149850 211314 4386436 3870351 516085 2550618 2176256 374362 273134 273134 246109 246109 133944 133944 8700863 7630411 1070452 0 1981688 1981688 271170 175941 95229 1632580 1212604 419976 297247 62856 234391 15328 2105 13223 4065958 3837157 228801 22010179 21783252 226927 1234180 1141524 92656 Building Svcs & Utilities 4936715 4875366 61349 Food Costs and Dining Supplies 3070638 3070638 Real Estate and Provider Tax 2566762 2566498 264 2334628 860486 1474142 0 100458617 84022536 16436081 0 7246622 11503645 26381365 27431482 1817077 2758100 0 0 0 0 3728536 1817278 546729565 266544938 279287312 280184627 141706294 147578726 0 0 6686759 6647377 466853965 477921235 17286661 16622732 105108424 107646650 127848878 121522654 0 0 99097737 97454085 349341700 343246121 X 117512265 134675114 117512265 134675114 466853965 477921235 X 15348957 3075872 -1261980 X false true true false X 5895285 1794606 1711858 4596511 2366529 16364789 76612219 78928719 85994775 94452519 102995623 438983855 186437 343316 425725 458566 463302 1877346 0 0 82693941 81066641 88132358 99507596 105825454 457225990 4413710 1735053 1711858 4596511 1341408 13798540 0 0 0 0 0 0 4413710 1735053 1711858 4596511 1341408 13798540 443427450 2989315 3027963 4151340 5237371 5728997 21134986 0 2989315 3027963 4151340 5237371 5728997 21134986 0 3413380 3723223 3901087 4243488 4066356 19347534 89096636 87817827 96184785 108988455 115620807 497708510 0.89094 0.8866 0.04 0.0414 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MANAGEMENT FEE, COLUMN A - 3413380.0, COLUMN B - 3723223.0, COLUMN C - 3901087.0, COLUMN D - 4243488.0, COLUMN E - 4066356.0, COLUMN F - 19347534.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 19642759 19642759 463144581 228219813 234924768 734523 419611 314912 56983472 37905514 19077958 6224230 6224230 280184627 Federal Income Taxes SAFEKEEPING 943675 DEPOSITS - ENTRANCE FEES 3284315 REFUNDABLE ENTRANCE FEES 91019778 OTHER LIABILITIES 664997 DEFERRED COMPENSATION 744319 LEASE LIABILITY 797001 97454085 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote PRESBYTERIAN HOMES (DBA PRESBYTERIAN LIVING), WESTMINSTER PLACE, AND GENEVA FOUNDATION OF PRESBYTERIAN HOMES ARE NOT-FOR-PROFIT CORPORATIONS AND ARE EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C (3). LAKE FOREST PLACE, THE MOORINGS, TEN TWENTY GROVE, PH MANAGER, AND PH OUTPATIENT REHABILITATION ARE SINGLE-MEMBER LIMITED LIABILITY COMPANIES AND, THEREFORE, ARE CONSIDERED TO BE DISREGARDED ENTITIES FOR TAX PURPOSES. ACCORDINGLY, NO TAX PROVISION IS REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PRESBYTERIAN HOMES, WESTMINSTER PLACE, AND THE FOUNDATION FOLLOW THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. PRESBYTERIAN HOMES, WESTMINSTER PLACE, AND THE FOUNDATION FILE INFORMATIONAL RETURNS AS TAX-EXEMPT ORGANIZATIONS. THE INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. X X X X false true false false false false false true false TODD SWORTZEL Executive Advisor/Former CEO 143945 0 133112 0 576210 0 11557 0 645 0 865469 0 409825 0 NADIM ABI-ANTOUN CEO 479144 0 133886 0 326167 0 179520 0 37829 0 1156546 0 249412 0 MARK HAVRILKA CFO 360559 0 102447 0 234219 0 81284 0 29708 0 808217 0 152146 0 SHANNON GUTIERREZ COO 321470 0 66849 0 1242 0 8445 0 26762 0 424768 0 0 0 ANDREW WISSEL Director, HR / Former VP, HR 142879 0 31033 0 8017 0 10987 0 27717 0 220633 0 0 0 LISA VANDERMARK Exec. Dir. The Moorings 195969 0 46823 0 53010 0 38727 0 27752 0 362281 0 22702 0 JOSEPH HASSEL VP, Facility Management 242504 0 43287 0 7788 0 31792 0 16224 0 341595 0 0 0 SAMANTHA VICTOR-ALVARADO VP, Human Resources 178773 0 37406 0 469 0 31845 0 35219 0 283712 0 0 0 ANTHONY MADL Exec. Dir. Lake Forest Place 203306 0 0 0 1012 0 21165 0 23931 0 249414 0 0 0 RAYMOND BENEGAS VP, Information Technology 214319 0 41504 0 2067 0 25643 0 35472 0 319005 0 0 0 RAMONA WILT VP, Marketing and Sales 182090 0 46583 0 27997 0 39318 0 15090 0 311078 0 0 0 ALPANA PATEL VP, Clinical Services 174685 0 38502 0 25522 0 34339 0 3936 0 276984 0 2417 0 LINDSEY AUMICK Director of Finance 196202 0 40439 0 395 0 13912 0 10888 0 261836 0 0 0 CHERYL MILLER Director of Risk, Compliance & Legal 166429 0 33246 0 795 0 11436 0 27197 0 239103 0 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan PRESBYTERIAN LIVING HAS ESTABLISHED A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. THE ORGANIZATION'S ACCRUALS INTO THE PLAN ARE RECORDED ON THE 990 AS DEFERRED COMPENSATION. HOWEVER, THESE MONIES VEST OVER A FIVE-YEAR PERIOD AND ARE ONLY ELIGIBLE TO BE RECEIVED BASED UPON THE ACHIEVEMENT OR SATISFACTION OF SOME FUTURE EVENT. THE PLAN CONTRIBUTIONS ARE NOT UNDER THE CONTROL OF THE EXECUTIVE, THEY REMAIN THE ASSET OF THE ORGANIZATION, AND THE ENTIRE PLAN IS SUBJECT TO A FULL RISK OF FORFEITURE BY THE INDIVIDUAL. DURING THE YEAR THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN: TODD SWORTZEL, NADIM ABI-ANTOUN, MARK HAVRILKA, SHANNON GUTIERREZ, SAMANTHA VICTOR-ALVARADO, JOSEPH HASSEL, RAYMOND BENEGAS, RAMONA WILT, ALPANA PATEL, LESLIE GREEN, ANTHONY MADL, AND LISA VANDERMARK. DURING THE YEAR TODD SWORTZEL RECEIVED PAYMENTS TOTALING $173,622 FROM A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. DURING THE YEAR NADIM ABI-ANTOUN RECEIVED PAYMENTS TOTALING $54,812 FROM A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. DURING THE YEAR MARK HAVRILKA RECEIVED PAYMENTS TOTALING $47,985 FROM A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. DURING THE YEAR LISA VANDERMARK RECEIVED PAYMENTS TOTALING $22,702 FROM A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. DURING THE YEAR LESLIE GREEN RECEIVED PAYMENTS TOTALING $20,888 FROM A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. DURING THE YEAR ALPANA PATEL RECEIVED PAYMENTS TOTALING $2,417 FROM A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. EFFECTIVE APRIL 1, 2021, PRESBYTERIAN LIVING HAS ESTABLISHED AN EXECUTIVE RETENTION BONUS PROGRAM, A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION AGREEMENT. THE ORGANIZATION'S ACCRUALS INTO THE AGREEMENT ARE RECORDED ON THE 990 AS DEFERRED COMPENSATION. THESE COMPENSATIONS ARE VESTED OVER A THREE-YEAR PERIOD FOR THE CEO AND COO, AND A FOUR-YEAR PERIOD FOR THE CFO, AND ARE SUBJECT TO EXECUTIVE'S SATISFACTION OF THE TERMS AND CONDITIONS OF THE AGREEMENT. THE CONTRIBUTIONS OF THIS AGREEMENT ARE NOT UNDER THE CONTROL OF THE EXECUTIVE, AND THEY REMAIN THE ASSET OF THE ORGANIZATION. THE ENTIRE AGREEMENT IS SUBJECT TO A FULL RISK OF FORFEITURE BY THE INDIVIDUAL. DURING THE YEAR THE FOLLOWING INDIVIDUALS PARTICIPATED IN THIS RETENTION BONUS PROGRAM: TODD SWORTZEL, NADIM ABI-ANTOUN AND MARK HAVRILKA. DURING THE YEAR TODD SWORTZEL RECEIVED PAYMENTS TOTALING $257,906 FROM THE EXECUTIVE RETENTION BONUS PROGRAM. DURING THE YEAR NADIM ABI-ANTOUN RECEIVED PAYMENTS TOTALING $213,727 FROM THE EXECUTIVE RETENTION BONUS PROGRAM. DURING THE YEAR MARK HAVRILKA RECEIVED PAYMENTS TOTALING $144,360 FROM THE EXECUTIVE RETENTION BONUS PROGRAM. Schedule J, Part I, Line 7 Non-fixed payments AS INDICATED IN SCHEDULE J, PART II, THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION RECEIVED A BONUS BASED ON PERFORMANCE, QUALITY AND CENSUS METRICS AND THE FINANCIAL RESULTS OF THE ORGANIZATION. THIS BONUS WAS APPROVED BY BOARD OF DIRECTORS UPON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. A ILLINOIS FINANCE AUTHORITY 861091967 45204EBD9 2016-04-27 114484316 TO REFUND THE SERIES 1996A, 2001, 2006 AND 2007 BONDS false false false B ILLINOIS FINANCE AUTHORITY 861091967 2016-09-30 69615000 TO FUND CAMPUS EXPANSION AT THE MOORINGS OF ARLINGTON HEIGHTS false false false C ILLINOIS FINANCE AUTHORITY 861091967 45204FHL2 2021-03-31 70917301 TO REFUND SERIES 2016B BONDS & FUND COSTS OF CERTAIN WESTMINSTER FACILITIES false false false A 57923177 0 100253916 0 0 0 1586771 0 0 8252145 90415000 0 2016 true false true true B 10752591 0 69615000 0 0 0 400000 0 0 69215000 0 0 2018 false false true true C 0 0 29423520 0 0 0 525420 0 0 0 28898100 0 2016 true false true true A false false true true false false 0.0 0.0 0.0 false false 0 false true B false false true true false false 0.0 0.0 0.0 false false 0 false true C false false true true false false 0.0 0.0 0.0 false false 0 false true A false false true true true false 0 false false false 0 false false true B false true false false true true THE HUNTINGTON NATIONAL 7.4 false false false 0 false false true C false true false false true false 0 false false false 0 false false true A true B true C true Schedule K, Part II, Line 3 BOND A THE 2016 BOND WAS ISSUED FOR THE BENEFIT OF LAKE FOREST PLACE, LLC (A DISREGARDED ENTITY OF PRESBYTERIAN HOMES) AND WESTMINSTER PLACE. TOTAL PROCEEDS FOR THE BOND IS $114,484,316. $100,253,916 OF THE TOTAL PROCEEDS IS ALLOCABLE TO PRESBYTERIAN HOMES. THE REMAINING PROCEEDS OF $14,230,400 ARE REPORTED ON THE FORM 990, SCHEDULE K OF WESTMINSTER PLACE. Schedule K, Part II, Line 7 BOND A TOTAL ISSUANCE COST FOR THE BOND IS $1,817,171. $1,586,771 OF THE TOTAL COST IS ALLOCABLE TO PRESBYTERIAN HOMES. THE REMAINING COST OF $230,400 IS REPORTED ON THE FORM 990, SCHEDULE K OF WESTMINSTER PLACE. Schedule K, Part II, Line 3 BOND C THE 2021 BOND WAS ISSUED FOR THE BENEFIT OF LAKE FOREST PLACE, LLC (A DISREGARDED ENTITY OF PRESBYTERIAN HOMES) AND WESTMINSTER PLACE. TOTAL PROCEEDS FOR THE BOND IS $ $70,917,301. $29,423,520 OF THE TOTAL PROCEEDS IS ALLOCABLE TO PRESBYTERIAN HOMES. THE REMAINING PROCEEDS OF $41,493,781 ARE REPORTED ON THE FORM 990, SCHEDULE K OF WESTMINSTER PLACE. Schedule K, Part II, Line 7 BOND C TOTAL ISSUANCE COST FOR THE BOND IS $1,002,040. $525,420 OF THE TOTAL COST IS ALLOCABLE TO PRESBYTERIAN HOMES. THE REMAINING COST OF $476,620 IS REPORTED ON THE FORM 990, SCHEDULE K OF WESTMINSTER PLACE. Schedule K, Part IV, Line 2c COLUMN A Issuer name: ILLINOIS FINANCE AUTHORITY The calculation for computing no rebate due was performed on 04/19/2021 Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 0 including grants of $ 0)(Revenue $ 2,217,996) REVENUE IS RELATED TO PROCEEDS FROM INSURANCE CLAIMS AND INCOME FROM OTHER PROGRAM ACTIVITIES. Form 990, Part VI, Line 1a THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR, THE VICE CHAIR, THE SECRETARY, THE TREASURER, AND SUCH ADDITIONAL MEMBERS OF THE BOARD AS FROM TIME TO TIME MAY BE DETERMINED BY THE BOARD OF DIRECTORS. THE PRESIDENT/CEO SHALL BE A NON-VOTING ATTENDEE AT ALL MEETINGS OF THE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF DIRECTORS IN EMERGENCIES WHEN CONVENING THE FULL BOARD IS NOT PRACTICABLE AND SHALL REPORT ITS ACTIONS TO THE BOARD AT THE EARLIEST OPPORTUNITY. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS THEN PRESENTED TO THE AUDIT COMMITTEE, WHICH ACTS AS A REPRESENTATIVE OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. THIS IS ACCOMPLISHED PRIOR TO THE FILING OF THE FORM 990. THE AUDIT COMMITTEE FORWARDS RECOMMENDATION FOR ACCEPTANCE OF THE FORM 990 TO THE BOARD OF DIRECTORS. COPIES OF THE FORM 990 ARE ALSO FORWARDED TO THE ENTIRE BOARD FOR THEIR REVIEW AND COMMENT PERIOD. THE BOARD THEN ACTS ON THE RECOMMENDATION OF THE AUDIT COMMITTEE PRIOR TO THE 990'S BEING FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy AN EXTENSIVE CONFLICT OF INTEREST POLICY WAS ADOPTED IN APRIL 2001 AND MOST RECENTLY REVISED IN 2019. THE POLICY DEFINES COVERED FIDUCIARIES AS PERSONS TO WHOM THIS POLICY APPLIES, AND INCLUDES ALL DIRECTORS, OFFICERS, IDENTIFIED KEY EMPLOYEES AND AGENTS OF PRESBYTERIAN HOMES (DBA PRESBYTERIAN LIVING). AN ANNUAL DISCLOSURE FORM IS PROVIDED TO ALL IDENTIFIED COVERED FIDUCIARIES FOR COMPLETION AND RETURN. PRESBYTERIAN LIVING ALSO ASKS ALL COVERED FIDUCIARIES TO PROVIDE DISCLOSURE WHENEVER CONFLICTS OR DUALITIES OF INTEREST ARISE OR ARE SUSPECTED. IN ADDITION, THE BOARD OR BOARD COMMITTEE CHAIR SHALL REMIND DIRECTORS AT ALL MEETINGS OF THE BOARD OR BOARD COMMITTEE TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OR DUALITIES AS ONE OF THEIR ONGOING DUTIES UNDER THE POLICY. COVERED FIDUCIARIES ARE REQUIRED TO DISCLOSE ANY FACTS OR CIRCUMSTANCES THAT MIGHT GIVE RISE TO POTENTIAL CONFLICTS OR DUALITIES. THE PRESIDENT/CEO OR HIS/HER DESIGNEE REVIEWS THE ANNUAL DISCLOSURE STATEMENTS SUBMITTED BY COVERED FIDUCIARIES AND DETERMINE SPECIFICALLY ANY ACTUAL OR POTENTIAL CONFLICTS OR DUALITIES OF INTEREST. THE PRESIDENT/CEO/DES GNEE SHALL ADVISE THE APPROPRIATE BOARD OR BOARD COMMITTEE CHAIR AND THE AFFECTED COVERED FIDUCIARY(IES) ON THOSE MATTERS FOR WHICH CERTAIN COVERED FIDUCIARIES SHOULD NOT VOTE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMPENSATION COMMITTEE OF PRESBYTERIAN LIVING IS RESPONSIBLE FOR ALL COMPENSATION AND BENEFIT MATTERS FOR SENIOR MANAGEMENT. PRESBYTERIAN LIVING ANNUALLY PARTICIPATES IN AN INDUSTRY SPECIFIC EXECUTIVE COMPENSATION SURVEY. THE RESULTS OF THIS SURVEY IS REVIEWED BY MANAGEMENT AND SHARED WITH THE COMMITTEE AS NECESSARY. IN ADDITION, THE COMMITTEE REGULARLY ENGAGES AN EXTERNAL COMPENSATION CONSULTING FIRM TO ASSIST IN ITS REVIEW OF THE LEVEL OF COMPENSATION, INCENTIVES AND BENEFITS FOR SENIOR EXECUTIVES AND KEY EMPLOYEES EVERY THREE YEARS. THE COMPENSATION CONSULTANTS ACCUMULATE AND PRESENT TO THE COMPENSATION COMMITTEE MARKET INFORMATION FOR EACH SENIOR EXECUTIVE POSITION, SUMMARIZE INDIVIDUAL EXECUTIVE COMPENSATION, INCENTIVE AND BENEFITS PACKAGES AND BENCHMARK THAT INFORMATION TO THE INDUSTRY DATA THEY HAVE ACCUMULATED. ANNUALLY, THE ORGANIZATION'S STAFF AND/OR THE BOARD OF DIRECTORS PREPARES PERFORMANCE REVIEWS FOR ALL SENIOR MANAGERS AND KEY EMPLOYEES AND MAKES A RECOMMENDATION TO THE COMPENSATION COMMITTEE REGARDING COMPENSATION, INCENTIVES AND BENEFITS ADJUSTMENTS. THE COMPENSATION COMMITTEE CONSIDERS THE PERFORMANCE RECOMMENDATION, COMPARISONS OF TOTAL COMPENSATION BY EXECUTIVE TO MARKET COMPENSATION PERCENTILE FOR INDUSTRY EXECUTIVES WITH SIMILAR JOB TITLES AND/OR SKILL SETS, AND ORGANIZATIONAL NEEDS IN TERMS OF MEETING THE CHALLENGES OF THE UNIQUE BUSINESS OF PROVIDING SENIOR CARE SERVICES. THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION REGARDING COMPENSATION AND BENEFITS CHANGES FOR SENIOR MANAGEMENT WHICH IS APPROVED ANNUALLY BY THE FULL BOARD OF DIRECTORS WITHIN THE BUDGET PROCESS. THE COMPENSATION COMMITTEE PROCEEDINGS ARE CONTEMPORANEOUSLY DOCUMENTED AND MINUTES ARE MAINTAINED AND ON FILE AT THE CORPORATE OFFICE. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC. FOR THE INFORMATION CONTACT THE CHIEF FINANCIAL OFFICER, MARK HAVRILKA AT PRESBYTERIAN LIVING, 8707 SKOKIE BOULEVARD, SUITE 400, SKOKIE, IL 60077. THE FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE ILLINOIS ATTORNEY GENERAL'S OFFICE. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: 301947, Related or Exempt Function Revenue: 301947, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN MARKET VALUE OF SWAP - -1295705; CAPTIVE MEMBER'S SAVING ALLOCATION - 33725; Total - -1261980; LAKE FOREST PLACE LLC 1100 PEMBRIDGE DRIVE LAKE FOREST IL 60045 472210722 LIFE PLAN COMMUNITY IL 53726738 262022291 PRESBYTERIAN HOMES DBA PRESBYTERIAN LIVING TEN TWENTY GROVE 1020 GROVE STREET EVANSTON IL 60201 472216648 INDEPENDENT LIVING IL 1542429 5152830 PRESBYTERIAN HOMES DBA PRESBYTERIAN LIVING THE MOORINGS OF ARLINGTON HEIGHTS LLC 811 E CENTRAL ROAD ARLINGTON HEIGHTS IL 60005 472235160 LIFE PLAN COMMUNITY IL 54682244 164815965 PRESBYTERIAN HOMES DBA PRESBYTERIAN LIVING PRESBYTERIAN HOMES MANAGER LLC 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 472195328 MANAGEMENT SERVICES IL 5534941 54750624 PRESBYTERIAN HOMES DBA PRESBYTERIAN LIVING PRESBYTERIAN HOMES OUTPATIENT REHAB AGENCY LLC 3200 GRANT STREET EVANSTON IL 60201 611748512 OUTPATIENT REHABILITATION IL 321223 66613 PRESBYTERIAN HOMES MANAGER LLC GENEVA FOUNDATION OF PRESBYTERIAN LIVING 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 710945228 SUPPORTING ORGANIZATION IL 501(c)(3) Type I PRESBYTERIAN HOMES DBA PRESBYTERIAN LIVING true WESTMINSTER PLACE 3200 GRANT STREET EVANSTON IL 60201 362167832 LIFE PLAN COMMUNITY IL 501(c)(3) 10 PRESBYTERIAN HOMES DBA PRESBYTERIAN LIVING true false false true false false false false false false false false false false true true false false false false GENEVA FOUNDATION OF PRESBYTERIAN LIVING C 1341408 CASH RECEIVED GENEVA FOUNDATION OF PRESBYTERIAN LIVING O 516503 CASH RECEIVED GENEVA FOUNDATION OF PRESBYTERIAN LIVING O 202368 CASH RECEIVED WESTMINSTER PLACE O 3863988 CASH RECEIVED WESTMINSTER PLACE O 60000 CASH PROVIDED WESTMINSTER PLACE N 62856 CASH PROVIDED