2012-05-14T13:58:42-07:00 2011-06-30 990 2010-07-01 386141735 PORTER HILLS PRESBYTERIAN VILLAGE PORT 6169541799 4450 Cascade Road Grand Rapids MI 49564 Craig Vandenbos 6169541799 2012-05-15 2010 2016-02-24 21:20:13Z Reed VanderSlik 4450 Cascade Road Grand Rapids MI 49564 28286241 0 X www.porterhills.org X 1970 MI Assisted Living, Nursing Care, Independent living for Elderly 14 14 508 235 0 0 1421823 541126 16012332 17235403 199556 511076 8980152 9356636 26613863 27644241 780230 0 0 0 10855085 11010447 0 0 0 16504647 16479723 28139962 27490170 -1526099 154071 83537519 77807793 102294114 96696476 -18756595 -18888683 To provide a continuum of high quality communities and services for older adults in accordance with Christian values. 0 0 23273965 0 25950039 Assisted living, nursing care, independent living facility for the elderly. Total days of care in 2010-11 was 179,484. 0 0 0 23273965 1 1 0 1 0 0 0 0 0 0 1 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 15 0 1 508 1 0 1 CJ 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 1 1 0 1 1 1 1 1 1 1 0 MI X X Craig Vandenbos 6169541799 4450 Cascade Road Grand Rapids MI 49564 Robert Daverman 1 X 0 0 0 Daniel Terpsma 1 X 0 0 0 Milton Rohwer 1 X 0 0 0 Cindy Harvard 1 X 0 0 0 Bruce Barnhart 1 X 0 0 0 Sharon Buursma 1 X 0 0 0 Martha Blandford 1 X 0 0 0 James Moyer 1 X 0 0 0 Richard Rathburn 1 X 0 0 0 William Alt 1 X 0 0 0 Larry Yachcik 50 X X 246730 0 4669 Reed Vanderslik 50 X X 134611 0 11898 Carol Helsel 50 X X 114771 0 9375 Ingrid Weaver 50 X X 136751 0 9200 Jane Toot 1 X 0 0 0 Mark Yost 1 X 0 0 0 Joseph Stojak 1 X 0 0 0 Jon Pike 1 X 0 0 0 Michelle Coberly 50 X 110094 0 6919 742957 0 42061 5 0 1 0 Creative Dining Services One Royal Park Drive Zeeland MI 49464 Food Service 1355014 Mary Free Bed 235 Wealthy Street Grand Rapids MI 49503 Therapy Services 939097 The Apothecary Shoppe PO Box 1727 Midland MI 48641 Pharmacy 501977 Procare 675 Clyde Ct Byron Center MI 49315 Lawn Care Service 304657 Dykema Gossett 400 Renaissance Center Detroit MI 48243 Lawyer 199576 15 0 0 0 541126 0 0 0 541126 Net Program service Revenue 623990 17235403 17235403 0 0 0 0 0 0 17235403 1153076 0 0 1153076 0 0 0 0 0 0 0 0 0 0 0 0 0 642000 0 -642000 -642000 -642000 0 0 0 Life Lease Income 623990 2160324 2160324 0 0 Maintenance Fee 623990 2036708 2036708 0 0 Supplemental Charges 900099 5159604 5159604 0 0 0 0 0 0 9356636 27644241 25950039 0 1153076 0 0 742957 742957 8482683 6719622 1763061 653773 462063 191710 1131034 837320 293714 116037 0 116037 43201 43201 3362685 2904959 457726 203317 203317 244150 96349 147801 2689490 2552434 137056 29000 1706 27294 2041593 1949262 92331 1805996 1805996 3419923 3419923 0 230097 230097 Food Charges 156522 156522 0 0 Medical supplies 880643 880643 0 0 Bad Debt 37131 37131 0 0 Therapy Charges 963612 963612 0 0 Other Supplies 256326 256326 0 0 27490170 23273965 4216205 0 91732 0 0 0 1833808 1900042 722132 515965 76431 47613 64533 32508 109631991 44693373 66180142 64938618 11218318 8430187 3350423 1942860 83537519 77807793 2969907 4941487 79675641 76482910 19648566 15272079 102294114 96696476 X -18756595 -18888683 0 0 0 0 -18756595 -18888683 83537519 77807793 X 154071 -286159 X 0 1 1 X 0 X 0 0 1089872 641593 541126 2272591 22139580 24784245 23746234 24992484 25950039 121612582 22139580 24784245 24836106 25634077 26491165 123885173 123885173 988796 409465 289473 899475 1153076 3740285 988796 409465 289473 899475 1153076 3740285 23128376 25193710 25125579 26533552 27644241 127625458 0.97069 0.93120 0.02931 0.06880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 468 468 0 SchC_P2B_S00_L01 Schedule C, Part II-B, Line 1 Porter Hills pays a membeship fee to Aging service of Michigan, and part of those membership fees are used for lobbying. 536114 0 536114 90255817 0 31598162 58657655 0 0 0 0 18840060 0 13095211 5744849 0 0 0 0 64938618 0 8430187 F 8430187 0 Checks issued in ecess of bank 346695 Advances on Life Leases 1837000 Fair market value of Interest Swap 2243404 Life Lease Obligations 10844980 15272079 27644241 27490170 154071 -286159 0 0 0 0 -286159 -132088 27358082 -286159 0 0 0 -286159 27644241 0 0 0 27644241 27490170 0 0 0 0 0 27490170 0 0 0 27490170 X X X X 0 0 0 0 0 0 0 1 0 Larry Yachcik 211730 0 20000 0 0 0 15000 0 4669 0 251399 0 264434 0 SchJ_P01_S00_L07 Schedule J, Part I, Line 7 A portion of the CEO's compensation is fixed, and a part is based on the descretion of the Board of Directors. Grand Rapids Charter Township 386005448 386211BA3 2003-07-01 35565000 Financing Cost of Advande Refunding 0 0 0 0 0 49565000 3473767 0 0 0 0 0 0 0 2005 1 1 1 1 0 0 0 0 0 0 0 0 1 1 1 1 Wells Fargo and Huntington Bank 30 0 0 0 0 0 F990_P06_S0A_L06 Form 990, Part VI, Section A, Line 6 Westminster is the only share holder of stock in Porter Hills Presbyterian village. F990_P06_S0A_L07a Form 990, Part VI, Section A, Line 7a West Minster Church can elect a Board member. F990_P06_S0A_L07b Form 990, Part VI, Section A, Line 7b West Minster has to approve the slate of board members elected to the Porter Hills Board of Directors. F990_P06_S0B_L11b Form 990, Part VI, Section B, Line 11b The 990 is reviewed by the Controller and CFO before it is 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 requires 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 From time to time an outside company is hired to look at the compensaton for all executives, comparing the total compensation package to other organizations. Yearly our HR department gathers 3 comprable wages from like organizations. That is used to compare our employees pay, and adjustments are made based on that study. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Documents are stored in the facilities library and are also availiable upon request to the CFO or Controller. F990_P11_S00_L05 Form 990, Part XI, Line 5 The unrealized loses for the fiscal year Porter Hills Foundation 4450 Cascade Road Grand Rapids MI 49564 383243846 Supporting Organization MI 501 C 11A Porter Hills Presbyterian Village Meadowlark Retirement Home 4450 Cascade Road Grand Rapids MI 49564 383373281 Retirement Home MI 501 C 3 7 N/A Porter Hills Home Care 4450 Cascade Road Grand Rapids MI 49564 383384372 Home Care MI 501 C 3 9 N/A 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 N/A Oak Ridge Retirement 3781 Giddings Grand Rapids MI 49508 383382610 Retirement Home MI 501 C 3 7 N/A Harvest Way Retirement 100 Ida Red Sparta MI 49345 383445251 Retirement Home MI 501 C 3 7 N/A River Grove Retirement 5761 Jupiter Ave Belmont MI 49306 383519530 Retirement Home MI 501 C 3 7 N/A Baileys Retirement 5252 Baileys Center Kentwood MI 49512 383643825 Retirement Home MI 501 C 3 7 N/A Station Creek 10010 Crossroad Court Caledonia MI 49316 200771871 Retirement Home MI 501 c 3 7 N/A Life Circles 560 Seminole Road Muskegon MI 49444 260170498 PACE program MI 501 C 3 9 N/A 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 1 0 0 Porter Hills Home Care i 70800 Fair market value for space rented. Porter Hills Foundation c 541126 actual reimbursement based on Foundation funds policies Gerontology Network d 557857 Line of Credit balance Walker Meadow Retirement p 35940 market value for accounting and management fees Oak Ridge Retirement p 44059 market value for accounting and management fees River Grove Retirement p 32670 Market value for accounting and management fee Baileys Retirement p 38772 market value for Accounting and management fee. Station Creek p 41823 marekt value for accounting and management services Harvest Way Retirement p 41780 market value for accounting and management services Life Circles p 266041 management fee to Life Circles Gerontology Network p 141736 managment fee charged yearly to GN An automatic extension was granted, plus an additional 90 days due to the IRS website not receiving E-filing. Our extensions go until May 15, 2012.