2013-05-15T13:37:08-05:00 2012-09-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2011-10-01 382067110 LIFECARE INC LIFE 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 JEFFREY G HAGEN 2693810560 2013-04-25 1 CAROL LALONDE CPA P00181637 2695674500 2011 2016-02-24 21:20:13Z FRIENDSHIP VILLAGE JEFFREY G HAGEN 1400 N DRAKE ROAD KALAMAZOO MI 49006 15524376 0 X WWW.FRIENDSHIPVILLAGEMI.COM X 1971 MI TO PROVIDE HOUSING, FOOD, NURSING CARE, AND OTHER RELATED SERVICES TO SENIOR CITIZENS. 16 16 360 90 0 0 19201 104267 15668530 15340439 9432 14055 0 0 15697163 15458761 0 0 0 0 7458879 7739202 0 0 0 7043520 7170183 14502399 14909385 1194764 549376 28009039 29294404 27709120 27759569 299919 1534835 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN. 0 0 12274126 14961645 TO ESTABLISH, OPERATE AND MAINTAIN RETIREMENT FACILITIES FOR THE ELDERLY IN MICHIGAN. 12274126 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 64 0 1 360 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 0 0 0 MI X R DAVID GOODRICH 2693810560 1400 N DRAKE ROAD KALAMAZOO MI 49006 JAMES VALK 2.00 X 0 0 0 MICHAEL EVANS 2.00 X X 0 0 0 ROBERT MCGRAW 2.00 X X 0 0 0 DONNA WEINREICH 2.00 X X 0 0 0 DANIEL MISSAD 2.00 X X 0 0 0 ANDREW LATHAM 2.00 X 0 0 0 VICKI MARTIN 2.00 X X 0 0 0 SARA DANA 2.00 X 0 0 0 JIM HESS 2.00 X 0 0 0 MARY SUE HOFFMAN 2.00 X 0 0 0 MICHAEL HOLMES 2.00 X 0 0 0 CATHERINE METZLER 2.00 X 0 0 0 CHARLES WARFIELD 2.00 X 0 0 0 ELIZABETH BURNS 2.00 X 0 0 0 ALICE KEMERLING 2.00 X 0 0 0 NATASHA WATSON 2.00 X 0 0 0 JEFFREY HAGEN 40.00 X 70100 0 8700 KATHRYN HARMON 40.00 X 0 0 0 70100 0 8700 0 0 0 0 LIFE CARE SERVICES LLC 400 LOCUST STREET SUITE 820 DES MOINES IA 50309 MANAGEMENT COMPANY 743457 REHABCARE GROUP THERAPY SERVICES PO BOX 99341 CHICAGO IL 60693 THERAPY PROVIDER 741364 MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30368 CONTRACTING SERVICES 421123 SUBURBAN MECHANICAL COMPANY INC PO BOX 19338 KALAMAZOO MI 49019 CONTRACTING SERVICES 252453 ESPER ELECTRIC LTD 7775 NORTH 6TH STREET KALAMAZOO MI 49009 CONTRACTING SERVICES 170968 7 104267 104267 APARTMENT & SVC FEES 623990 5640226 5640226 MEDICAL CENTER REV. 623990 4461192 4461192 ASSISTED LIVING 623990 2757397 2757397 DEF. REC-ADV/RF FEES 623000 1755386 1755386 BARBER, GARAGE, MISC 900099 378794 378794 347444 347444 15340439 53498 53498 26172 20859 44756 5313 -44756 -39443 -39443 15458761 14961645 0 392849 235773 235773 5759519 5427758 331761 66801 39273 27528 1185038 1123757 61281 492071 398689 93382 653278 653278 6969 6969 41616 41616 825237 822833 2404 279275 279275 206208 108944 97264 1196899 1079275 117624 597379 485968 111411 1279959 1041247 238712 168287 168287 MEDICAL SUPPLIES 1275518 1275518 EQUIPMENT REPAIR 417663 407121 10542 DUES 12492 12492 LICENSES 8309 8309 201094 55434 145660 14909385 12274126 2635259 0 3786360 4264763 2203060 2378222 799234 674070 124355 120814 202184 215441 40101862 23529292 16485891 16572570 4209720 4897382 10855 3306 187380 167836 28009039 29294404 1546918 1533328 7976544 8249187 10310000 9915000 1695276 1521355 6180382 6540699 27709120 27759569 X -4466415 -4100154 4766334 5634989 299919 1534835 28009039 29294404 X 549376 685540 X X 0 1 1 X 0 X 77781 29084 2990957 19201 104267 3221290 14591295 15114997 14876900 15668530 15340439 75592161 14669076 15144081 17867857 15687731 15444706 78813451 2762366 86823 2849189 0 2762366 86823 2849189 75964262 189290 97811 62257 57361 53498 460217 189290 97811 62257 57361 53498 460217 14858366 15241892 17930114 15745092 15498204 79273668 0.95830 0.95630 0.00580 0.00850 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 803696 803696 31885913 19189779 12696134 1460664 1176850 283814 1644146 1391203 252943 4307443 1771460 2535983 16572570 PROVISION FOR INTEREST RATE SWAP AGREEMENT 1644959 DEPOSITS 133493 REFUNDABLE FEES 4762247 6540699 15458761 14909385 549376 719915 -34375 685540 1234916 16189057 719915 -34375 685540 15503517 -44756 -44756 15458761 14954141 44756 44756 14909385 0 14909385 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CORPORATION HAS BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN DESIGNATED AS A PUBLICLY SUPPORTED CORPORATION (RATHER THAN A PRIVATE FOUNDATION). SIMILARLY, IT IS EXEMPT FROM THE MICHIGAN SINGLE BUSINESS TAX. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS OR OTHER APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE CORPORATION AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2012, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE CORPORATION IS NOT CURRENTLY UNDER EXAMINATION BY THE INTERNAL REVENUE SERVICE OR ANY STATE OR LOCAL TAX AUTHORITIES. THE CORPORATION'S FEDERAL TAX RETURNS FOR THE YEARS ENDED PRIOR TO SEPTEMBER 30, 2009 ARE NO LONGER SUBJECT TO EXAMINATION. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN INTEREST SWAP AGREEMENT -34,375. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INTEREST RATE SWAP -34,375. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF ASSETS 44,756. ECONOMIC DEVELOPMENT CORPORATION OF THE CITY OF KALAMAZOO 386004627 NONEAVAIL 2010-12-17 10640000 REFUND BONDS 6/11/97 AND 6/8/06 0 0 0 725000 10640000 202149 10437851 1998 1 0 1 1 0 0 0 0 0 0 1 1 FIFTH THIRD BANK 16.400000000000 0 0 0 0 1 FORM 990, PART VI, SECTION A, LINE 3 A MANAGEMENT COMPANY IS CONTRACTED TO PROVIDE THE ORGANIZATION WITH INDIVIDUALS TO PERFORM MANAGEMENT DUTIES. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE ACCOUNTING DIRECTOR. AMOUNTS ARE COMPARED TO THE INTERNALLY PREPARED FINANCIAL STATEMENTS AND THE AUDITED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO SIGN A NEW CONFLICT OF INTEREST STATEMENT ANNUALLY. ALL FILES ARE KEPT UP-TO-DATE BY THE ADMINISTRATIVE ASSISTANT. ANY CONFLICTS ARE REVIEWED BY THE EXECUTIVE DIRECTOR AND EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. IF A CONFLICT DOES ARISE, IT DEPENDS ON THE SITUATION, BUT IN AN EXTREME SITUATION A MEMBER MAY NEED TO RESIGN FROM THE BOARD DEPENDING ON THE COMPLEXITY. OTHERWISE THEY WOULD OBSTAIN FROM VOTING AND LEAVE THE MEETING DURING DISCUSSIONS. FRIENDSHIP VILLAGE DEFERS TO THE MANAGEMENT COMPANY'S PROCESS FOR DETERMINING EXECUTIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 719,915. CHANGE IN INTEREST SWAP AGREEMENT -34,375. TOTAL TO FORM 990, PART XI, LINE 5: 685,540. FORM 990, PART XII, LINE 2C: THERE HAVE BEEN NO CHANGES IN THE PROCESS SINCE PRIOR YEAR.