2012-08-15T12:47:07-05:00 2012-03-31 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2011-04-01 383370058 NORTHPOINTE WOODS NORT 2699647625 700 NORTH AVENUE BATTLE CREEK MI 49017 LINDA WISE 2699647625 2012-08-14 1 VICKI L VANDENBERG CPA P00100422 2695674500 2011 2016-02-24 21:20:13Z LINDA WISE 700 NORTH AVENUE BATTLE CREEK MI 49017 4157478 0 X WWW.NORTHPOINTEWOODS.ORG X 1999 MI SENIOR LIVING COMMUNITY FOR INDEPENDENT INDIVIDUALS AND THOSE REQUIRING ASSISTED LIVING. 10 10 0 60 30942 0 3375 2135 3955476 4010157 1181 582 145621 144604 4105653 4157478 5870 39660 0 0 130261 110669 0 0 0 4127013 4277688 4263144 4428017 -157491 -270539 10470359 9978005 3843572 3713108 6626787 6264897 WE WILL BE THE UNQUESTIONED, PREEMINENT SENIOR LIVING COMMUNITY SERVING THE BATTLE CREEK AREA. 0 0 3580977 39660 4039965 OPERATION OF A SENIOR RESIDENCE CENTER 3580977 1 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X LINDA WISE 2699647625 700 NORTH AVENUE BATTLE CREEK MI 49017 JAMES REED 4.00 X X 0 0 0 JOHN RUSWINCKEL 4.00 X X 0 0 0 TERESA DURHAM 4.00 X 0 0 0 RUSS CLAGGETT 4.00 X X 0 0 0 CATHY KRETER 4.00 X 0 0 0 MICHAEL BECK 4.00 X X 0 0 0 BETTY CHRIST 4.00 X 0 0 0 GREG DOTSON 4.00 X 0 0 0 JOYCE GARRETT 4.00 X 0 0 0 JIM BALDWIN 4.00 X 0 0 0 JEFFERY HAGAN 40.00 X 68514 0 11061 LINDA WISE 40.00 X 28980 0 6053 97494 0 17114 0 0 0 0 EMPLOYMENT GROUP INC 4625 BECKLEY ROAD BLDG 200 BATTLE CREEK MI 49015 EMPLOYEE LEASING 1740438 MORRISON SENIOR DINING P O BOX 102289 ATLANTA GA 30368 FOOD SERVICE MANAGEMENT 574585 LIFE CARE SERVICES LLC 400 LOCUST STREET SUITE 820 DES MOINES IA 50309 FACILITY MANAGEMENT 355300 AJ GALLAGHER RISK MANAGEMENT SERVICES 2 PIERCE PLACE ITASCA IL 60143 INSURANCE CARRIER 121924 4 2135 2135 RESIDENT SERVICES 623000 4010157 4010157 4010157 582 582 EMPLOYEE AND GUEST MEA 722210 48517 48517 OTHER 900099 29808 29808 CAFE & GIFT SHOP 722210 29142 29142 37137 1800 35337 144604 4157478 4039965 30942 84436 39660 39660 110669 88535 22134 192844 192844 4603 4603 18075 18075 1716915 1407523 309392 50521 50521 113195 113195 637115 637115 10329 10329 210559 210559 552842 547845 4997 121780 121780 FOOD 525582 525582 BAD DEBT 13463 13463 109865 35758 74107 4428017 3580977 847040 0 139172 31101 90096 135111 43790 35603 111254 96772 15049518 6320428 9098635 8729090 294963 247960 692449 702368 10470359 9978005 485961 253663 3045000 3045000 312611 414445 3843572 3713108 X 6626787 6264897 6626787 6264897 10470359 9978005 X -270539 -91351 X X 0 1 1 X 0 X 3230 11190 14095 3375 2135 34025 3442062 3825882 3621591 3987025 4039965 18916525 3445292 3837072 3635686 3990400 4042100 18950550 0 0 0 18950550 81011 7231 5126 1181 582 95131 9633 16466 14879 18622 30942 90542 90644 23697 20005 19803 31524 185673 107099 135713 88455 54714 83854 469835 3643035 3996482 3744146 4064917 4157478 19606058 0.96660 0.96440 0.00950 0.01050 X 608748 608748 11004295 3452488 7551807 1263412 1181463 81949 2173063 1686477 486586 8729090 BOND ISSUANCE COSTS 61478 BENEFICIAL INTEREST IN FUNDS HELD AT BATTLE CREEK COMMUNITY FOUNDATION 640890 702368 UNREALIZED LOSS ON VALUE OF INTEREST RATE SWAP 414445 414445 4157478 4428017 -270539 -91351 -91351 -361890 4128301 10483 10483 4117818 39660 39660 4157478 4490191 101834 101834 4388357 39660 39660 4428017 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 IS 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 ORGANIZATION, AND HAS CONCLUDED THAT AS OF MARCH 31, 2012 AND 2011, 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 ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO MARCH 31, 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST HELD AT BATTLE CREEK COMMUNITY FOUNDATION 10,483. UNREALIZED LOSS ON VALUE OF INTEREST RATE SWAP -101,834. TOTAL TO SCHEDULE D, PART XI, LINE 8: -91,351. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST HELD AT BATTLE CREEK COMMUNITY FOUNDATION 10,483. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 39,660. PART XIII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS ON VALUE OF INTEREST RATE SWAP 101,834. PART XIII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS 39,660. 1 SCHOLARSHIP DISCOUNT 2 39660 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION MAINTAINS RECORDS AND REPORTS FOR SCHOLARSHIP DISCOUNTS GIVEN TO RESIDENTS. FORM 990, PART VI, SECTION A, LINE 3 WE HAVE A MANAGEMENT CONTRACT WITH LIFE CARE SERVICES LLC. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY AUDIT FIRM AND REVIEWED BY EXECUTIVE DIRECTOR; ALL MEMBERS OF THE BOARD RECEIVE AN ELECTRONIC VERSION OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR IS REQUIRED TO COMPLETE CONFLICT OF INTEREST DOCUMENT ANNUALLY, THE CHAIRMAN OF THE BOARD OF DIRECTORS MONITORS, REVIEWS, AND ENFORCES THE CONFLICT OF INTEREST POLICY. IF IT IS DEEMED A CONFLICT ARISES, THE BOARD MEMBER MUST ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S COMPENSATION IS REVIEWED ANNUALLY BY THE DIRECTOR OF OPERATIONS MANAGEMENT. REGIONAL AND CORPORATE DATA IS USED FOR COMPARISON INFORMATION AND THE FINAL DECISION IS MADE BY LIFE CARE SERVICES. THE MOST RECENT YEAR THIS PROCESS WAS UNDERTAKEN WAS FISCAL YEAR 2012. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE THROUGH WRITTEN REQUEST BASED ON NEED TO KNOW. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN BENEFICIAL INTEREST HELD AT BATTLE CREEK COMMUNITY FOUNDATION 10,483. UNREALIZED LOSS ON VALUE OF INTEREST RATE SWAP -101,834. TOTAL TO FORM 990, PART XI, LINE 5: -91,351. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN PROCESS FROM PRIOR YEAR.