SUNSET MANOR INC: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: SUNSET MANOR INC (EIN 23-7010671)
Tax period: 2011-01-01 to 2011-12-31
Filed: 2012-06-21
IRS object ID: 201221739349300412
Schema version: 2011v1.2
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 D
Schedule G
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-06-21T10:14:51-05:00	Timestamp
Tax Period End Date	2011-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	381357951	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PLANTE & MORAN PLLC	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	750 TRADE CENTRE WAY STE 300	AddressLine1
City	PORTAGE	City
State	MI	State
ZIP Code	49002	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-01-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	237010671	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	SUNSET MANOR INC	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	SUNS	NameControl
Phone	6164572770	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	725 BALDWIN	AddressLine1
City	JENISON	City
State	MI	State
ZIP Code	49428	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	STEVE ZUIDERVEEN	Name
Title	CFO	Title
Phone	6164572770	Phone
Date Signed	2012-06-20	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	CAROL LALONDE CPA	Name
PTIN	P00181637	PTIN
Phone	2695674500	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Doing Business As DoingBusinessAs

Field	Value	IRS element (for citing)
Business Name Line1	BROOKCREST SUNSET ASSOCIATION	BusinessNameLine1
Business Name Line2	WATERFORD PLACE	BusinessNameLine2

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	CHAD TUTTLE	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	725 BALDWIN	AddressLine1
City	JENISON	City
State	MI	State
ZIP Code	49428	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	36244269	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.SUNSETMANOR.ORG	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	1968	YearFormation
State Legal Domicile	MI	StateLegalDomicile
Activity Or Mission Description	PROVIDE QUALITY HOUSING AND SERVICES FOR SENIORS IN THE GREATER GRAND RAPIDS AREA THROUGH THE OPERATION OF A RETIREMENT COMMUNITY, A SKILLED NURSING FACILITY AND HOME HEALTH SERVICES.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	12	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	12	NbrIndependentVotingMembers
Total Nbr Employees	740	TotalNbrEmployees
Total Nbr Volunteers	391	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	356355	ContributionsGrantsPriorYear
Contributions Grants Current Year	356990	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	23591119	ProgramServiceRevenuePriorYear
Program Service Revenue CY	23797887	ProgramServiceRevenueCY
Investment Income Prior Year	-493275	InvestmentIncomePriorYear
Investment Income Current Year	649882	InvestmentIncomeCurrentYear
Other Revenue Prior Year	42011	OtherRevenuePriorYear
Other Revenue Current Year	39344	OtherRevenueCurrentYear
Total Revenue Prior Year	23496210	TotalRevenuePriorYear
Total Revenue Current Year	24844103	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	12923898	SalariesEtcPriorYear
Salaries Etc Current Year	12773978	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	2351	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	302804	TotalFundrsngExpCurrentYear
Other Expense Prior Year	12501519	OtherExpensePriorYear
Other Expenses Current Year	11762468	OtherExpensesCurrentYear
Total Expenses Prior Year	25425417	TotalExpensesPriorYear
Total Expenses Current Year	24538797	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	-1929207	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	305306	RevenuesLessExpensesCY
Total Assets BOY	72767754	TotalAssetsBOY
Total Assets EOY	64191853	TotalAssetsEOY
Total Liabilities BOY	63328827	TotalLiabilitiesBOY
Total Liabilities EOY	55585776	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	9438927	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	8606077	NetAssetsOrFundBalancesEOY
Mission Description	SUNSET ASSOCIATION PROVIDES QUALITY SERVICES FOR SENIOR ADULTS IN THE GREATER GRAND RAPIDS METROPOLITAN AREA, IN A SPIRIT OF CHRISTIAN LOVE.	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	10427348	Expense
Revenue	11421398	Revenue
Description	PROVIDE QUALITY HOUSING AND SERVICES TO 567 SENIORS	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	8066439	Expense
Revenue	10948433	Revenue
Description	SKILLED NURSING CARE FOR 657 PERSONS WITH SPECIAL NEEDS	Description

Activity3 Activity3

Field	Value	IRS element (for citing)
Expense	1180454	Expense
Revenue	1428056	Revenue
Description	PROVIDE HOME HEALTH SERVICES TO 446 SENIORS	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	19674241	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	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	1	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	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	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	1	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	0	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	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	52	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Number Of Employees	740	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
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Funds To Pay Premiums	0	FundsToPayPremiums
Premiums Paid	0	PremiumsPaid
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	12	NbrVotingGoverningBodyMembers
Number Independent Voting Members	12	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	0	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	1	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	0	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	0	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	MI	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	STEVE ZUIDERVEEN	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	6164572770	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	725 BALDWIN	AddressLine1
City	JENISON	City
State	MI	State
ZIP Code	49428	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (17 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
LARRY VREDEVOOGD
PRESIDENT	1.00	X	X	0	0	0
GARY POPMA
VICE PRESIDENT	1.00	X	X	0	0	0
GARY KAPTEIN
TREASURER	1.00	X	X	0	0	0
MITCH DYKSTRA
SECRETARY	1.00	X	X	0	0	0
DENNIS BUSH
VICAR	1.00	X	X	0	0	0
CALVIN MATTHYSE
DIRECTOR	1.00	X		0	0	0
LARRY KERKSTRA
DIRECTOR	1.00	X		0	0	0
JUDY BAKER
DIRECTOR	1.00	X		0	0	0
JIM DEVRIES
DIRECTOR	1.00	X		0	0	0
DOUG HAVEMAN
DIRECTOR	1.00	X		0	0	0
JOHN BAATENBURG
DIRECTOR	1.00	X		0	0	0
HENRIETTA BYKER
RESIDENT REPRESENATIVE (NON-VOTING)	1.00	X		0	0	0
DEB DETERS
DIRECTOR	1.00	X		0	0	0
CONRAD BULT
RESIDENT REPRESENATIVE (NON-VOTING)	1.00	X		0	0	0
CHAD TUTTLE
CEO (AS OF 1/14/11)	40.00		X	118867	0	18632
BRENDA CURTIS
CFO	40.00		X	91978	0	6266
RICH FREERKSEN
CEO - THROUGH 1/14/11	10.00		X	116223	0	12565

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	327068	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	37463	TotalOtherCompensation
Number Individuals GT100 K	2	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	0	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (2 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
OMNICARE PHARMACY
PO BOX 715268	COLUMBUS	OH	43271	PHARMACY SERVICES	318399
GETSERVICE LLC
5222 33RD ST SE	GRAND RAPIDS	MI	49512	INFORMATION TECHNOLOGY	127241

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	2	NumberOfContractorsGT100K
Fundraising Events	91882	FundraisingEvents
All Other Contributions	265108	AllOtherContributions
Total Contributions	356990	TotalContributions

Program Service Revenue ProgramServiceRevenue (5 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
RESIDENTIAL CARE	623000	22303841	22303841
ADVANCED FEE REVENUE	623000	686810	686810
OTHER RESIDENT SERVICE	623000	437794	437794
PROCESSING FEE REVENUE	623000	249500	249500
MEALS REVENUE	722210	119942	119942

Field	Value	IRS element (for citing)
Total Program Service Revenue	23797887	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	126066	TotalRevenueColumn
Exclusion	$126,066	ExclusionAmount

Gross Rents GrossRents

Field	Value	IRS element (for citing)
Real	70544	Real

Rental Income Or Loss RentalIncomeOrLoss

Field	Value	IRS element (for citing)
Real	70544	Real

Net Rental Income Or Loss NetRentalIncomeOrLoss

Field	Value	IRS element (for citing)
Total Revenue Column	70544	TotalRevenueColumn
Exclusion	$70,544	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	11763901	Securities
Other	128881	Other

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	11243139	Securities
Other	125827	Other

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	520762	Securities
Other	3054	Other

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	523816	TotalRevenueColumn
Exclusion	$523,816	ExclusionAmount

Field	Value	IRS element (for citing)
Gross Income Fundraising Events	0	GrossIncomeFundraisingEvents
Cntrbtns Rprtd Fundraising Events	91882	CntrbtnsRprtdFundraisingEvents
Fundraising Direct Expenses	31200	FundraisingDirectExpenses

Net Income From Fundraising Events NetIncomeFromFundraisingEvents

Field	Value	IRS element (for citing)
Total Revenue Column	-31200	TotalRevenueColumn
Exclusion	-$31,200	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	24844103	TotalRevenueColumn
Related Or Exempt Function Income	23797887	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$689,226	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	367531	Total
Management And General	367531	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	10014045	Total
Program Services	9682040	ProgramServices
Management And General	268502	ManagementAndGeneral
Fundraising	63503	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	291264	Total
Program Services	121758	ProgramServices
Management And General	169506	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1297824	Total
Program Services	572302	ProgramServices
Management And General	711337	ManagementAndGeneral
Fundraising	14185	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	803314	Total
Program Services	658335	ProgramServices
Management And General	139993	ManagementAndGeneral
Fundraising	4986	Fundraising

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	16709	Total
Management And General	16709	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	62402	Total
Program Services	9063	ProgramServices
Management And General	53339	ManagementAndGeneral

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	2351	Total
Fundraising	2351	Fundraising

Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees

Field	Value	IRS element (for citing)
Total	20057	Total
Management And General	20057	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	471499	Total
Program Services	91290	ProgramServices
Management And General	380209	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	195767	Total
Program Services	19477	ProgramServices
Management And General	42387	ManagementAndGeneral
Fundraising	133903	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	136821	Total
Program Services	29534	ProgramServices
Management And General	62083	ManagementAndGeneral
Fundraising	45204	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	1575521	Total
Program Services	1439816	ProgramServices
Management And General	135705	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	82639	Total
Program Services	42910	ProgramServices
Management And General	39729	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	43258	Total
Program Services	3737	ProgramServices
Management And General	39521	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	1704149	Total
Program Services	1643149	ProgramServices
Management And General	61000	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	2465997	Total
Program Services	2025239	ProgramServices
Management And General	407257	ManagementAndGeneral
Fundraising	33501	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	288380	Total
Program Services	17841	ProgramServices
Management And General	270539	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
MEALS	1712729	1712729
QAAP TAX	853609		853609
SUPPLIES	792058	792058
EQUIPMENT RENTAL & MAIN	378281	317018	61263

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	962592	Total
Program Services	495945	ProgramServices
Management And General	461476	ManagementAndGeneral
Fundraising	5171	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	24538797	Total
Program Services	19674241	ProgramServices
Management And General	4561752	ManagementAndGeneral
Fundraising	302804	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	2149053	BOY
EOY	3345382	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
EOY	7942637	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	2083313	BOY
EOY	1598042	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	209832	BOY
EOY	172223	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	144344	BOY
EOY	36678	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	71938130	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	27122584	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	46834981	BOY
EOY	44815546	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	13219634	BOY
EOY	4050453	EOY

Investments Other Securities InvestmentsOtherSecurities

Field	Value	IRS element (for citing)
EOY	1484788	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	8126597	BOY
EOY	746104	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	72767754	BOY
EOY	64191853	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	1503884	BOY
EOY	1220240	EOY

Deferred Revenue DeferredRevenue

Field	Value	IRS element (for citing)
BOY	2224388	BOY
EOY	2575081	EOY

Tax Exempt Bond Liabilities TaxExemptBondLiabilities

Field	Value	IRS element (for citing)
BOY	45545000	BOY
EOY	36455000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	14055555	BOY
EOY	15335455	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	63328827	BOY
EOY	55585776	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	9438927	BOY
EOY	8606077	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	9438927	BOY
EOY	8606077	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	72767754	BOY
EOY	64191853	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	305306	ReconcilationRevenueExpenses
Reconcilation Other Changes	-1138156	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
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	149786	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	254977	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	170459	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	356355	CurrentTaxYearMinus1Year
Current Tax Year	356990	CurrentTaxYear
Total	1288567	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	21828173	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	22370425	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	23376627	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	23591119	CurrentTaxYearMinus1Year
Current Tax Year	23797887	CurrentTaxYear
Total	114964231	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	21977959	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	22625402	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	23547086	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	23947474	CurrentTaxYearMinus1Year
Current Tax Year	24154877	CurrentTaxYear
Total	116252798	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Total	0	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Total509	116252798	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	586100	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	397444	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	193337	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	208250	CurrentTaxYearMinus1Year
Current Tax Year	196610	CurrentTaxYear
Total	1581741	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	586100	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	397444	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	193337	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	208250	CurrentTaxYearMinus1Year
Current Tax Year	196610	CurrentTaxYear
Total	1581741	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	22564059	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	23022846	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	23740423	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	24155724	CurrentTaxYearMinus1Year
Current Tax Year	24351487	CurrentTaxYear
Total	117834539	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.98660	PublicSupportPercentage509
Prior Year Support Percentage	0.98240	PriorYearSupportPercentage
Investment Income Percentage	0.01340	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.01760	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 D IRS990ScheduleD

Current Year CurrentYear

Field	Value	IRS element (for citing)
Beginning Of Year Balance	3185680	BeginningOfYearBalance
Contributions	356990	Contributions
Investment Earnings Or Losses	-79373	InvestmentEarningsOrLosses
Other Expenditures	123904	OtherExpenditures
Administrative Expenses	61000	AdministrativeExpenses
End Of Year Balance	3278393	EndOfYearBalance

Current Year Minus1 Year CurrentYearMinus1Year

Field	Value	IRS element (for citing)
Beginning Of Year Balance	2492046	BeginningOfYearBalance
Contributions	356355	Contributions
Investment Earnings Or Losses	465843	InvestmentEarningsOrLosses
Other Expenditures	78098	OtherExpenditures
Administrative Expenses	50466	AdministrativeExpenses
End Of Year Balance	3185680	EndOfYearBalance

Current Year Minus2 Years CurrentYearMinus2Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	1867866	BeginningOfYearBalance
Contributions	198327	Contributions
Investment Earnings Or Losses	536585	InvestmentEarningsOrLosses
Other Expenditures	59953	OtherExpenditures
Administrative Expenses	50779	AdministrativeExpenses
End Of Year Balance	2492046	EndOfYearBalance

Current Year Minus3 Years CurrentYearMinus3Years

Field	Value	IRS element (for citing)
Beginning Of Year Balance	2759592	BeginningOfYearBalance
Contributions	254977	Contributions
Investment Earnings Or Losses	-982721	InvestmentEarningsOrLosses
Other Expenditures	113706	OtherExpenditures
Administrative Expenses	50276	AdministrativeExpenses
End Of Year Balance	1867866	EndOfYearBalance

Field	Value	IRS element (for citing)
Board Designated EOY Balance	1.00000	BoardDesignatedEOYBalance
Endowments Held By Unrelated Orgs	0	EndowmentsHeldByUnrelatedOrgs
Endowments Held By Related Orgs	0	EndowmentsHeldByRelatedOrgs

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	4466398	OtherCostOrOtherBasis
Book Value	4466398	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	44301484	OtherCostOrOtherBasis
Depreciation	14171860	Depreciation
Book Value	30129624	BookValue

Leasehold Improvements LeaseholdImprovements

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	8119540	OtherCostOrOtherBasis
Depreciation	4713794	Depreciation
Book Value	3405746	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	11950778	OtherCostOrOtherBasis
Depreciation	6159836	Depreciation
Book Value	5790942	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	3099930	OtherCostOrOtherBasis
Depreciation	2077094	Depreciation
Book Value	1022836	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	44815546	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (3 entries)

DescriptionDescription	AmountAmount
CHARITABLE GIFT ANNUITIES	$240,747
INTEREST RATE SWAP LIABILITY	$2,059,898
REFUNDABLE ENTRANCE FEES AND DEPOSITS	$13,034,810

Field	Value	IRS element (for citing)
Total Of Amounts	15335455	TotalOfAmounts
Total Revenue	24844103	TotalRevenue
Total Expenses	24538797	TotalExpenses
Excess Or Deficit For Year	305306	ExcessOrDeficitForYear
Net Unrealized GL On Investments	-576425	NetUnrealizedGLOnInvestments
Other	-$561,731	OtherAmount
Total Adjustments	-1138156	TotalAdjustments
Excess Or Deficit Per FS	-832850	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	23717090	TotRevenueEtcAuditedFinclStmt
Net Unrealized Gains Investments	-576425	NetUnrealizedGainsInvestments
Other Revenues	-561731	OtherRevenues
Revenue Not Rptd F990	-1138156	RevenueNotRptdF990
Revenue Subtotal	24855246	RevenueSubtotal
Investment Expenses Not Included	20057	InvestmentExpensesNotIncluded
Other Revenues Not Included	-31200	OtherRevenuesNotIncluded
Revenue Not Rptd On Fin Stmt	-11143	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	24844103	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	24549940	TotExpensesEtcAuditedFinclStmt
Other Expenses Included	31200	OtherExpensesIncluded
Expenses Not Rptd F990	31200	ExpensesNotRptdF990
Expenses Subtotal	24518740	ExpensesSubtotal
Investment Expenses Not Included2	20057	InvestmentExpensesNotIncluded2
Expenses Not Rptd On Fin Stmt	20057	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	24538797	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS:	PART V, LINE 4:	PROVIDE BENEVOLENCE FOR RESIDENTS WHO HAVE OUTLIVED THEIR FUNDS. PROVIDE FUNDS FOR SPECIFIC CAPITAL PROJECTS AS DETERMINED BY THE BOARD OF DIRECTORS OR AS DESIGNATED BY DONORS.
PART XI, LINE 8 - OTHER ADJUSTMENTS:		CHANGE IN FAIR VALUE OF SWAP AGREEMENT -561,731.
PART XII, LINE 2D - OTHER ADJUSTMENTS:		CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -561,731.
PART XII, LINE 4B - OTHER ADJUSTMENTS:		SPECIAL EVENT EXPENSES -31,200.
PART XIII, LINE 2D - OTHER ADJUSTMENTS:		SPECIAL EVENT EXPENSES 31,200.

Schedule G IRS990ScheduleG

Events Information EventsInformation

Field	Value	IRS element (for citing)
Name Of Event1	FALL GALA	NameOfEvent1
Gross Receipts Event1	91882	GrossReceiptsEvent1
Charitable Contributions Event1	91882	CharitableContributionsEvent1
Rent Facility Costs Event1	1500	RentFacilityCostsEvent1
Food And Beverage Event1	16665	FoodAndBeverageEvent1
Entertainment Event1	10684	EntertainmentEvent1
Other Direct Expenses Event1	2351	OtherDirectExpensesEvent1
Gross Receipts Total	91882	GrossReceiptsTotal
Charitable Contributions Total	91882	CharitableContributionsTotal
Rent Facility Costs Total Events	1500	RentFacilityCostsTotalEvents
Food And Beverage Total Events	16665	FoodAndBeverageTotalEvents
Entertainment Total Events	10684	EntertainmentTotalEvents
Other Direct Expenses Total Events	2351	OtherDirectExpensesTotalEvents
Direct Expense Summary Events	31200	DirectExpenseSummaryEvents
Net Income Summary	-31200	NetIncomeSummary

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)

Issuer EINIssuerEIN	CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
THE ECONOMIC DEVELOPMENT CORP OF THE TWP OF GEORGETOWN
386005370	NONEAVAIL	2009-12-21	26000000	COVER COST OF WATERFORD PLACE CONSTRUCTION	0	0	0
THE ECONOMIC DEVELOPMENT CORP OF THE TWP OF GEORGETOWN
386005370	NONEAVAIL	2010-04-01	20585000	CONVERT 2000 & 2005 BONDS TO BANK QUALIFIED BONDS TO LOWER INTEREST COST	0	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)

Total ProceedsTotalProceeds	Refunding EscrowRefundingEscrow	Issuance Costs From ProceedsIssuanceCostsFromProceeds	Capital ExpendituresCapitalExpenditures	Year Of Subst CompletionYearOfSubstCompletion	Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
26000000	2496056	754415	22749529	2010	1	0	1	1
20585000		66691		2010	1	0	1	1

Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)

Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
0	0	0	0	1
0	0	0	0	0

Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
0	0	0	0	0	1
0	0	0	0	0	1

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (9 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DOING BUSINESS AS	FORM 990, PART I, ITEM C	DBA: SUNSET HOME SERVICES, SUNSET RETIREMENT COMMUNITIES & SERVICES, WATERFORD PLACE.
	FORM 990, PART VI, SECTION A, LINE 6	ORGANIZATION HAS MEMBERS
	FORM 990, PART VI, SECTION A, LINE 7A	ASSOCIATION MEMBERS ELECT MEMBERS OF THE GOVERNING BOARD.
	FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE AND CHIEF FINANCIAL OFFICERS, AND DISTRIBUTED TO THE FULL BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING.
	FORM 990, PART VI, SECTION B, LINE 12C	THE CONFLICT OF INTEREST POLICY COVERS ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF THE COMMITTEES. AFTER THE DISCLOSURE, THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE GOVERNING BOARD OR COMMITTEE HAS REASON TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER FURTHER INVESTIGATION, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE A CONFLICT OF INTEREST, IT WILL TAKE THE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ENFORCING AND MONITORING THE CONFLICT OF INTEREST POLICY.
	FORM 990, PART VI, SECTION B, LINE 15A	MEMBERS OF THE BOARD OF DIRECTORS DISCUSS PERFORMANCE WITH OTHER MANAGEMENT AND INVESTIGATE WAGES OF OTHER CEO'S IN THE AREA. RESULTS ARE GIVEN TO BOARD OF DIRECTORS WITH A RECOMMENDATION FOR WAGE INCREASE. THE MOST RECENT YEAR THIS PROCESS WAS UNDERTAKEN WAS 2011.
	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 LOSSES ON INVESTMENTS: -576,425. CHANGE IN FAIR VALUE OF SWAP AGREEMENT -561,731. TOTAL TO FORM 990, PART XI, LINE 5: -1,138,156.
	FORM 990, PART XII, LINE 2C:	THE ORGANIZATION HAS NOT CHANGED ITS THE PROCESS FOR SELECTION AND OVERSIGHT OF AN INDEPENDENT ACCOUNTANT IN THE PAST YEAR.