2012-05-10T12:19:03-05:00 2011-06-30 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990 2010-07-01 363579767 Franciscan Sisters of Chicago Service Corporation FRAN 7086476500 1055 W 175th Street Homewood IL 60430 RICHARD TRUESDALE 2012-05-10 3128792000 2010 2016-02-24 21:20:13Z Judy Amiano 1055 W 175th Street Ste 202 Homewood IL 60430 11126562 false X www.franciscancommunities.com X 1998 IL Organized and operated exclusively for the charitable and religious purpose to support the ministries of the Franciscan Sisters of Chicago. 8 7 76 0 1701536 0 80467 110525 7421467 8033318 -3675479 415985 633180 820443 4459635 9380271 0 0 0 0 5964461 6521607 0 0 73892 4957157 5047058 10921618 11568665 -6461983 -2188394 35860200 32732060 23894661 23551259 11965539 9180801 X THE MISSION STATEMENT OF THE FRANCISCAN SISTERS OF CHICAGO SERVICE CORPORATION IS "TO HONOR THE DIGNITY OF LIFE BY SERVING AS A COMPASSIONATE COMMUNITY". ITS VALUES INCLUDE: RESPECT: SEEING THE FACE OF GOD REFLECTED IN THOSE WE SERVE; SERVICE: RESPONDING TO THE NEEDS OF OTHERS BEFORE OUR OWN; DEDICATION: PASSIONATELY FULFILLING THIS CALL ENTRUSTED TO US: STEWARDSHIP: RESPONSIBLY USING OUR RESOURCES, AWARE THAT ALL CREATION IS A GIFT; JOY: GIVING FROM YOUR HEART. false false 7224729 6699113 The Franciscan Sisters of Chicago Service Corporation("FSCSC") is sponsored by the Franciscan Sisters of Chicago. FSCSC is organized and operated exclusively for the charitable and religious purpose to support the ministries of the Franciscan Sisters of Chicago. FSCSC is the sole corporate member of Franciscan Communities, Inc., University Place Inc., Franciscan Communities St Mary of the Woods, Franciscan Communities Villa de San Antonio, The Clare at Water Tower, Franciscan Community Services, Franciscan Community Benefit Services, St Jude House, St Joseph Senior Housing, and St Anthony Medical Center. FSCSC provides program and administrative support for its affiliates including operational oversight, financial management, treasury management, information technology, compliance, marketing, human resources, resident services, and construction and development management. FSCSC also provides program, administrative, development, and construction management to unrelated exempt third parties who provide services to the elderly. FSCSC owns and rents a medical office building to an unrelated exempt organization that provides services to certain residents of affiliate communities and the community. 7224729 true true false false false false false false true true false false true true false false false false false false false false false false false false false false true false false false false true false false true false false false false false true true true false false true 70 0 true 76 true true true false false false false false false false false false false X 8 7 false true false false true true true true true false true true false true true true true true true true false X RICHARD DTRUESDALE 7086476500 1055 W 175TH STREET SUITE 202 Homewood IL 60430 X Sister M Francis Radke OSF 1.0 X X 0 Sister M Francine Labus OSF 1.0 X X 0 Jill Krueger 1.0 X 0 Annette Shoemaker 1.0 X 0 Lawrence Leaman 1.0 X 0 Susan Nordstrom Lopez 1.0 X 0 Sandra Singer 1.0 X 0 Thomas J Allison 40.0 X X 0 Judy Amiano 40.0 X X 97595 0 2207 Robert Zimmer 40.0 X 316131 0 24134 Stephen Bardoczi 40.0 X 252359 0 21858 Lora Ann Slawinski 40.0 X 199243 0 10364 Lawrence Carlson 40.0 X 222173 0 20548 Kathy Kelly 40.0 X 162471 0 9328 Karla Grzeskowiak 40.0 X 128366 0 18300 Jeanette M Lindish 40.0 X 140711 0 14652 Tracy Shearer 40.0 X 61214 0 10570 Denise Boudreau 40.0 X 48107 0 6679 Ronald Tinsley 40.0 X 0 0 0 Terry Malik 40.0 X 80944 0 541 Richard Truesdale 40.0 X 157368 0 18078 Steve Kastner 40.0 X 127170 0 14101 Steve Kozy 40.0 X 106173 0 19102 Michael Sekula 40.0 X 116112 0 11938 2216137 0 202400 12 false true true Mesirow Financial Interim Managemt Management/ consult 1134028 Ungaretti Harris 70 W Madison Suite 3500 CHICAGO IL 606024224 Legal 1013983 Kaye Scholer LLC 3 First National Plaza Suite 70 CHICAGO IL 60602 Legal 351016 Ernst Young LLP PNC Bank 3712 Solutions Center CHICAGO IL 60677 Tax & Fin Consulting 641211 1055 W 175th Homewood LLC One Trans Am Plaza Drive Ste 120 OAKBROOK TERRACE IL 60181 Rent 271672 6 110000 525 110525 MGMT FEES FROM EXEMPT ORGANIZATIONS 541610 7212748 6636100 576648 DEV FEES FROM EXEMPT ORGANIZATIONS 541610 757557 757557 MGMT FEES FROM TAXABLE ORGANIZATIONS 541610 63013 63013 8033318 298257 298257 0 0 788015 491090 296925 296925 296925 1372929 1255201 117728 117728 117728 0 0 0 HOME HEALTH CARE JOINT VENTURE 621610 297850 297850 TV/INTERNET SERVICE PROVIDER FEES 518210 153636 70406 83230 OTHER REVENUE 900099 72032 72032 523518 9380271 6699113 1701536 869097 0 0 0 0 2278791 1988644 290147 0 3547015 2690329 794808 61878 66786 50656 14965 1165 281222 213300 63016 4906 347793 278453 65512 3828 0 871943 871943 87422 87422 0 0 37156 37156 2205600 339685 1865915 23317 23317 211142 154952 54527 1663 123037 123037 0 441066 441066 117641 82385 34804 452 0 17087 13759 3328 74539 74539 0 434716 434716 89897 89897 DUES AND SUBSCRIPTIONS 152878 116781 36097 RECRUITMENT 32430 30224 2206 MINOR EQUIPMENT PURCHASES 43157 42501 656 OTHER 84030 36488 47542 11568665 7224729 4270044 73892 150 117 436978 854882 146905 335832 2518302 0 110656 97483 1592813 721804 15217430 5697742 9811121 9519688 6461900 8075206 491350 789200 14290025 12337848 35860200 32732060 5542636 6648840 6217919 6511517 2917457 2842456 9216649 7548446 23894661 23551259 X 11880859 9063357 84680 117444 11965539 9180801 35860200 32732060 X -2188394 -596344 X false false X false X X X false false false FRANCISCAN COMMUNITIES INC 351124441 09 false true true 5848904 THE CLARE AT WATER TOWER 030447208 09 false true true 7623572 FRANCISCAN COMMUNITIES ST MARY OF THE WOODS 510436466 09 false true true 2921689 UNIVERSITY PLACE INC 352058981 09 false true true 753587 FRANCISCAN COMMUNITIES VILLA DE SAN ANTONIO 743015408 09 false true true 154465 FRANCISCAN COMMUNITIES SERVICES INC 364026985 09 false true true 115487 ST JUDE HOUSE INC 351905782 07 false true true 490652 ST ANTHONY MEDICAL CENTER INC 351172181 03 false true true 0 FRANCISCAN COMMUNITY BENEFIT SERVICES 364454351 09 false true true 0 9 17908356 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 84680 110000 77236 117444 4680 80000 84680 4680 4680 1.00000 false false 4391887 4391887 4838075 1055962 3782113 572504 546428 26076 5288266 4027944 1260322 126698 67408 59290 9519688 DUE FROM AFFILIATES 12124134 DUE FROM ALLIANCE 213714 12337848 0 DUE TO AFFILIATES 3844251 NOTE PAYABLE - FSC 3041667 MARKET VALUE OF SWAP AGREEMENT 506241 DEFERRED COMPENSATION - CAA BE 141287 LIFE ANNUITY CONTRACTS 15000 7548446 Endowment Funds Intended Use Form 990, Schedule D, Part V, Line 4 The intended use of the endowment funds is to fund future operational costs, including mission integration. X X X false true false false false false false false false Thomas J Allison 0 0 Robert Zimmer 248245 0 60000 0 7886 0 5680 0 18454 0 340265 0 0 0 Stephen Bardoczi 225133 0 15000 0 12226 0 3520 0 18338 0 274217 0 0 0 Lora Ann Slawinski 183032 0 10000 0 6211 0 2825 0 7539 0 209607 0 0 0 Lawrence Carlson 166423 0 50000 0 5750 0 2627 0 17921 0 242721 0 0 0 Kathy Kelly 134619 0 25000 0 2852 0 2111 0 7217 0 171799 0 0 0 Richard Truesdale 138450 0 15000 0 3918 0 1298 0 16780 0 175446 0 0 0 Jeanette M Lindish 111116 0 25000 0 4595 0 1723 0 12929 0 155363 0 0 0 Supplemental nonqualified retirement plan Form 990, Schedule J, Part I, Question 4b During the year the following employees participated in a nonqualified 457(f)retirement plan. There were no payments to the plan during calendar 2010. Robert Zimmer Stephan Bardoczi Lora Ann Slawinski Lawrence Carlson Tracy Shearer Officer of Board of Directors 1400 Grant Mesirow Financial Interm Management Entity w common officer 463101 Interim mgmt and consulting false Helping Hands Charity Fund Schedule L Part III Grants or Assistance Benefiting Interested Parties Tracy Shearer, an officer to the corporation, received a grant from the Helping Hands Charity Fund. Franciscan Sisters of Chicago Service Corporation administers an associate charity fund, "The Helping Hands". This fund is available to any active associate of sponsored or managed operating division of the Franciscan Sisters of Chicago Service Corporation who is faced with a catastrophic need and who has fulfilled a total of 500 hours worked. All associates, without regard to tenure, are encouraged to donate to the Helping Hands fund to assist others in need. Corporate Member Form 990, Part VI, Question 6 Does the organization have members or stockholders? The members of Franciscan Sisters of Chicago Serivce Coporation ("FSCSC") shall consist of the General Minister and the members of the General Council of the Franciscan Sisters of Chicago (the "Members"). The General Minister of the Franciscan Sisters of Chicago shall be the chairperson of the Members. The Members shall act in a stewardship capacity and ensure that all actions of FSCSC are consistent with the purposes of FSCSC and the ethical and religious principles of the Franciscan Sisters of Chicago and in furtherance of their apostolates and the catholic church. Elect governing body Form 990, Part VI, Question 7a The sole corporate member, the Franciscan Sisters of Chicago, has the reserve power to appoint and remove Directors and fill vacancies on the Board of Directors of the Franciscan Sisters of Chicago Service Corporation. Reserve Powers Form 990, Part VI, Question 7b The Members shall have the following reserve powers: (a) Mission, Philosophy, Values - To review and consult with the FSCSC Board of Directors, prior to the FSCSC Board of Directors' approval or adoption of any changes to or deviations from the mission, philosophy, and values of FSCSC( including as reflected in any statement of its mission, philosophy or values, or in any strategic plan, any annual operating, capital and cash flow budgets, and to approve any such change or deviation.) (b) Governing Document Amendments and Goverance 1. To approve any amendments to the Articles of Incorporation, Bylaws or similar governing documents of FSCSC or any Affiliate that would diminish the rights and powers of the Members as set forth herein or in such other governing documents. 2. To appoint and remove Directors and fill vacancies on the Board of Directors. 3. To appoint or remove the Chairperson and the President/CEO of FSCSC, after consultation with the Board of Directors. (c) Significant Actions 1. To approve any merger, consolidation, dissolution or liquidation of FSCSC or any Affiliate, other than a merger or consolidation soley between existing Affiliates. 2. To approve the creation of any new Affiliate or any affiliation. 3. To approve the establishment , termination, transfer or other acquisition or disposition of a major ministry, work or similar program by FSCSC or any Affiliate. 4. To approve the purchase, sale, donation, lease, mortgage, or any other acquisition, disposition or encumbrance of any assets of FSCSC or any Affiliate, over the amount set by the Members from time to time. 5. To approve the incurrence of indebtedness, or the guarantee of indebtedness of any person, by FSCSC or any Affiliate over an amount specified by the Members from time to time. Governance review of 990 Form 990, Part VI, Question 11a Management presented a final draft of the completed Form 990, including all applicable schedules to the audit and finance committee of the Board of Directors prior to its filing with the Internal Revenue Service. Delegate Control of Management Duties Form 990, Part VI, Section A.,Question 3, Schedule L, Part IV Effective July 15, 2008, the Franciscan Sisters of Chicago Service Corporation ("FSCSC") and its sponsor, the Franciscan Sisters of Chicago, entered into an agreement to delegate the control of management duties of FSCSC to Mesirow Financial Interim Management, LLC. This agreement terminated September 30,2010. The scope of services of the agreement included Mr. Thomas J. Allison to serve as Chief Executive Officer of FSCSC. And in accordance with the bylaws of FSCSC Mr. Allison served as a member of the Board of Directors. Mr. Allison reported directly to the Board of Directors and to the Sponsor. The scope of the agreement also included consulting and project services. These services included analyzing and revising FSCSC's organizational structure and team to more effectively oversee and manage business operations, assist in developing a plan to restructure the operations and business of FSCSC, and to provide assistance for ministries facing significant challenges. The total cost of Mesirow Financial Interim Mangement services under this agreement for the year totalled $463,101 . Conflict of Interest Policy Form 990, Part VI, Section B, Question 12c As provided for in the Conflict of Interest policy, it is the responsibility of the board or committee chair to ensure that each director, officer, and member of a board committee annually signs an FSCSC approved conflict of interest disclosure statement. Copies of all signed statements are forwarded to the Corporate Director of Compliance and Standards. Key employees are required to complete an annual conflict of interest statement that is reviewed by their direct supervisor. Executive Compensation Form 990, Part VI, Section B., Question 15 The board of directors of the organization has the responsibility to establish compensation ranges for the employees of FSCSC. The board of directors appointed an executive compensation committee of the board to meet this responsibility. The executive compensation committee approves the compensation for the Chief Executive Officer and President, Chief Financial Officer, and other key employees in the organization. The executive compensation committee is comprised of persons who do not have a conflict of interest with respect to the compensation arrangements at issue. The process for determining the appropriate compensation of each position includes: 1. Review and approval by the executive compensation committee. 2. Obtaining and analyzing comparable compensation data for similar persons in functionally comparable positions in similar organizations. 3. Contemporaneous documentation and recordkeeping with respect to deliberations and decisions regarding the compensation arrangements. Governing Documents Disclosure Form 990, Part VI, Section C., Question 19 The organization makes its governing documents, conflict of interest policy and financial statements available to the public in accordance with applicable laws and regulations. Officers, Directors and Key Employees Hours Form 990, Schedule J-2, Column B The Franciscan Sisters of Chicago Service Corporation("FSCSC") is the sole corporate member of Franciscan Communities, Inc., University Place Inc., Franciscan Communities St Mary of the Woods, Franciscan Communities Villa de San Antonio, The Clare at Water Tower, Franciscan Community Services, Franciscan Community Benefit Services, St Jude House, St Joseph Senior Housing, and St Anthony Medical Center. The purpose of FSCSC is to provide program and administrative support for its affiliates including operational oversight, financial management, treasury management, information technology, compliance, marketing, human resources, resident services, and construction and development management. FSCSC is the paymaster for the officers and key employees that provide these services. The average hours per week identified in Schedule J-2 reflect the total hours spent on all affiliates. Independent Audit Form 990 Part IV Question 12b; Part XII Line 2 Independent audited financial statements have not been issued at the time of this filing. Information reported in this return reflect the current draft of the audited financial statements. Other Changes in Net Assets Form 990 Part XI Line 5 Net unrealized gains on investments $ 985,878 Loss on Swap agreement 5,161 Net Asset Transfers -1,577,061 ---------- Total Other changes in net assets -$ 596,344 ========== Compensation of Officers Form 990 Part VII Dates of Service for the following Directors: Thomas Allison - President 07/15/08 - 09/30/10 Judy Amiano - President 10/27/10 - current Robert Zimmer - Treasurer 02/25/09 - 02/11/11 Ronald Tinsley - Treasurer 06/13/11 - current Terry Malik - General Counsel and Secretary 07/06/10 - 01/25/11 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Sister M. Francis Radke, OSF TITLE:Chairman HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Sister M. Francine Labus, OSF TITLE:Vice Chair and Secretary HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Jill Krueger TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Annette Shoemaker TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Lawrence Leaman TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Susan Nordstrom Lopez TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Sandra Singer TITLE:Director HOURS:1 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Thomas J. Allison TITLE:President HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Judy Amiano TITLE:President HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Robert Zimmer TITLE:Treasurer HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Stephen Bardoczi TITLE:SVP Planning and Real Estate HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Lora Ann Slawinski TITLE:Chief Operating Officer HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Lawrence Carlson TITLE:VP of Operations HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Kathy Kelly TITLE:VP Clinical Services HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Karla Grzeskowiak TITLE:Vice-President Human Resources HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Jeanette M. Lindish TITLE:VP Mission Integration HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Tracy Shearer TITLE:Assistant Secretary HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Denise Boudreau TITLE:Assistant Secretary HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Ronald Tinsley TITLE:CFO and Treasurer HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Terry Malik TITLE:General Counsel & Secretary HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Richard Truesdale TITLE:Controller HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Steve Kastner TITLE:Exec Dir - Holy Cross Village HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Steve Kozy TITLE:Director of Marketing and Sale HOURS:40 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Michael Sekula TITLE:Director of Info Technology HOURS:40 Franciscan Communities Inc 1055 W 175th Street Ste 202 Homewood IL 60430 351124441 Healthcare IN 501(c)3 9 true The Clare at Water Tower 1055 W 175th Street Ste 202 Homewood IL 60430 030447208 Healthcare IL 501(c)3 9 true Franciscan Commun St Mary of the Woods 1055 W 175th Street Ste 202 Homewood IL 60430 510436466 Healthcare IL 501(c)3 9 true University Place Inc 1055 W 175th Street Ste 202 Homewood IL 60430 352058981 Healthcare IN 501(c)3 9 true Franciscan Comm Villa de San Antonio 1055 W 175th Street Ste 202 Homewood IL 60430 743015408 Healthcare IL 501(c)3 9 true Franciscan Community Services Inc 1055 W 175th Street Ste 202 Homewood IL 60430 364026985 Healthcare IL 501(c)3 9 true Franciscan Community Benefit Services 1055 W 175th Street Ste 202 Homewood IL 60430 364454351 Foundation IL 501(c)3 9 true St Jude House 1055 W 175th Street Ste 202 Homewood IL 60430 351905782 Abuse shelter IN 501(c)3 7 true St Anthony Medical Center 1055 W 175th Street Ste 202 Homewood IL 60430 351172181 Hospital IN 501(c)3 7 true Franciscan Sisters of Chicago 11500 Theresa Drive Lemont IL 60439 362877607 Parent IL 1 false Crete Housing Manager LLC 1055 W 175th Street Suite 202 Homewood IL 60430 383698012 Afford House IL St Joseph Senior Housing 1055 W 175th Street Suite 202 Homewood IL 60430 371485002 Afford House IL FSCSC false true true true false false false false false false true false false false false false true true Franciscan Communities c 6500000 Franciscan Communities k 5679838 Franciscan Communities r 869379 University Place b 190000 University Place d 575000 University Place k 547296 University Place r 484986 Villa de San Antonio k 150000 The Clare at Water Tower b 7500000 The Clare at Water Tower k 120000 The Clare at Water Tower q 2699717 St Mary of the Woods b 2619351 St Mary of the Woods r 302572 St Joseph Senior Housing k 63013 St Joseph Senior Housing r 173757 Franciscan Community Benefit Services r 100936 Franciscan Community Services Inc k 112149 Franciscan Community Services Inc q 163727 St Anthony Medical Center c 140085 St Anthony Medical Center q 125876 St Jude House b 439163 Crete Housing Manager LLC r 157446