2011-09-09T15:53:13-05:00 2010-12-31 LARSONALLEN LLP 18 SENTRY PARK WEST SUITE 300 BLUE BELL PA 194222240 990 2010-01-01 540591600 SUNNYSIDE PRESBYTERIAN HOME SUNN 5405688600 600 UNIVERSITY BLVD NO STE L HARRISONBURG VA 22801 JOHN J BROADDUS 5405688600 2011-08-16 1 BERNADETTE O'TOOLECPA 2156433900 2010 2016-02-24 21:20:13Z JOHN J BROADDUS 600 UNIVERSITY BLVD NO STE L HARRISONBURG VA 22801 40830653 0 X SUNNYSIDECOMMUNITIES.COM X 1955 VA TO PROVIDE CARE AND SERVICES TO THE ELDERLY. 13 13 713 596 -124969 -124969 1142138 759844 29936897 31435519 1480527 1467349 2467183 2353366 35026745 36016078 0 0 0 0 19842952 17517026 0 0 351768 18649858 17561251 38492810 35078277 -3466065 937801 109161904 105065030 96045202 90745427 13116702 14319603 TO OFFER RETIREMENT LIVING CHOICES THAT ENHANCE THE PHYSICAL, SPIRITUAL, SOCIAL, PSYCHOLOGICAL AND SECURITY NEEDS OF OLDER ADULTS IN CARING CHRISTIAN COMMUNITIES. 0 0 28722867 10986667 NURSING CARE: PROVIDED QUALITY NURSING CARE TO 134 RESIDENTS INCLUDING RESTORATIVE AND INNOVATIVE ACTIVITIES IN SUNNYSIDES' NURSING FACILITIES, GRANTED $1,281,516 TO RESIDENTS HELP PAY THE COST OF CARE. 5436300 PROVIDED QUALITY ASSISTED LIVING CARE TO 122 ELDERLY RESIDENTS WHO ARE UNABLE TO BE COMPLETELY INDEPENDENT BUT DO NOT REQUIRE CARE IN A NURSING FACILITY. GRANTED $663,258 TO RESIDENTS TO HELP PAY THE COST OF CARE. 15012552 PROVIDED 600 ELDERLY RESIDENTS APARTMENT AND COTTAGE LIVING IN SECURE COMMUNITIES DESIGNED TO MAXIMIZE INDEPENDENCE AND QUALITY OF LIFE. 28722867 1 1 1 1 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 93 0 1 713 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 0 0 0 1 0 VA X X CORPORATE OFFICES 5405688600 600 UNIVERSITY BLVD SUITE L HARRISONBURG VA 22801 JAMES J ROWE 2.00 X X 0 0 0 JOHN J BROADDUS 40.00 X X 200000 0 15595 MARK B CALLAHAN 2.00 X X 0 0 0 RICH ARMENTROUT 40.00 X X 172500 0 14201 MARGARET VANDEMAN BLACKMON 2.00 X X 0 0 0 JOHN W DICKIE 1.00 X 0 0 0 LISA KANNEY 2.00 X X 4191 0 0 DR SHUN C LING 1.00 X 0 0 0 CRAIG B DIETRICH 1.00 X 0 0 0 RICHARD R J MORIN 1.00 X 0 0 0 LINDA MORRIS 1.00 X 0 0 0 WILLIAM G O'BRIEN 1.00 X 0 0 0 VICKI RADER 1.00 X 0 0 0 MARGARET THOMPSON 1.00 X 0 0 0 RONALD LAYNE 1.00 X 0 0 0 STEVE GORDON 1.00 X 0 0 0 HENRY C CLARK 1.00 X 0 0 0 WILLIAM FRANCK 1.00 X 0 0 0 J WHITNER KENNEDY 1.00 X 0 0 0 BRANCH R HAMMOCK 1.00 X 0 0 0 ROBERT B WOODWORTH II 1.00 X 0 0 0 JOHN DWYER 40.00 X 151794 0 13273 JENNIFER A HOGE 2.00 X 34258 0 6840 562743 0 49909 3 1 1 0 HERITAGE HEALTHCARE 536 OLD HOWELL ROAD GREENVILLE SC 29615 THERAPY 414009 SPECTRUM CONSULTANTS 1349-B EAST GARRISON BLVD GASTONIA NC 28054 CONSULTANTS 119444 2 759844 759844 INDEPENDENT LIVING 623000 14502157 14502157 HEALTH CENTER 623000 7217459 7217459 ASSISTED LIVING 623000 5946695 5946695 MEDICARE/MEDICAID 623000 3769208 3769208 31435519 1190138 1190138 259096 439193 -180097 -180097 -124969 -55128 4651168 1425 4375382 275786 1425 277211 277211 PHARMACY 623000 1598270 1598270 DENTAL FEES 623000 184767 184767 MARKETING FEES 623000 180345 180345 570081 570081 2533463 36016078 31435519 -124969 3945684 440745 334789 102995 2961 14879497 11302440 3477087 99970 266188 202196 62204 1788 927158 574366 345968 6824 1003438 892111 105180 6147 526531 312200 198478 15853 380683 285266 95417 4184065 4062922 119090 2053 2341488 2010960 330528 26720 2330 21950 2440 66307 40570 25505 232 2664232 2472822 191410 5207701 4982203 224515 983 604169 604169 MEDICARE CHARGES 507322 507322 1052033 740370 290556 21107 35078277 28722867 6003642 351768 1796643 1217273 83880 76805 1139210 1099287 342192 355741 841515 924367 142221726 63237342 82345610 78984384 22186100 21927625 325244 378038 101510 101510 109161904 105065030 2074865 1953320 41438200 41459090 47860866 42582471 4671271 4750546 96045202 90745427 X 8482343 9318024 781430 812784 3852929 4188795 13116702 14319603 109161904 105065030 X 937801 265100 X X 0 1 1 X 0 X 1816274 1188515 669894 1142138 759844 5576665 22730048 24955381 27911960 29936897 31435519 136969805 24546322 26143896 28581854 31079035 32195363 142546470 0 104233 104233 104233 104233 142442237 1610424 1339222 1204358 1153283 1190138 6497425 1610424 1339222 1204358 1153283 1190138 6497425 2810932 2899719 3239988 2634460 2533463 14118562 28967678 30382837 33026200 34866778 35918964 163162457 0.87300 0.86000 0.03980 0.04510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: VARIOUS EXECUTIVE STAFF MEMBERS ATTENDED LEGISLATIVE CONFERENCES SPONSORED BY LONG-TERM CARE AND NOT-FOR-PROFIT TRADE ORGANIZATIONS. EFFORTS WERE MADE TO COMMUNICATE THE CORPORATION'S POSITION ON PENDING LEGISLATION, BOTH FEDERAL AND STATE, TO LEGISLATORS AND/OR THEIR STAFF MEMBERS. NO ATTEMPT WAS MADE TO INFLUENCE ANY ELECTION OUTCOME. NO CONTRIBUTIONS WERE MADE TO ANY ELECTION CAMPAIGN EITHER DIRECTLY OR INDIRECTLY. 1 42314 3141 39173 0 3429066 3429066 127391429 55295898 72095531 11311375 7941444 3369931 89856 89856 78984384 RESIDENT FUNDS 39438 ANNUITIES PAYABLE 1194958 INTEREST RATE SWAP AGREEMENT 3516150 4750546 36016078 35078277 937801 236765 28335 265100 1202901 36601743 236765 348900 585665 36016078 0 36016078 35398842 320565 320565 35078277 0 35078277 PART IV, LINE 1B: SUNNYSIDE IS THE RESIDUAL BENEFICIARY OF THE SHRUM & OYHUS UNTRUSTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SUNNYSIDE HAS BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND STATE CORPORATE INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. SUNNYSIDE FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAS NO IMPACT ON SUNNYSIDE'S FINANCIAL STATEMENTS. SUNNYSIDE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE TAX RETURNS FOR THE YEARS 2007 TO 2009 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN PV OF ANNUITIES PAYABLE -217,399. CHANGE IN FV INTEREST RATE SWAP AGREEMENTS -103,166. UNRESTRICTED NET ASSETS RELEASED FROM RESTRICTION 31,937. TEMPORARILY RESTRICTED NET ASSETS RELEASED FROM RESTRICTION -31,937. PERMANANTLY RESTRICTED CHANGE IN PV OF PERPETUAL TRUSTS 335,866. CHANGE IN PV OF PERPETUAL TRUSTS TEMPORARILY RESTRICTED CHANGE IN PV OF CHARITABLE REMAINDER TRUSTS 13,034. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PV OF PERPETUAL TRUSTS 335,866. CHANGE IN PV OF CHARITABLE REMAINDER TRUSTS 13,034. PART XIII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PV OF ANNUITIES PAYABLE 217,399. CHANGE IN FV OF INTEREST RATE SWAP AGREEMENTS 103,166. X 1 0 0 0 0 0 0 0 0 JOHN J BROADDUS 200000 0 0 0 0 0 8040 0 7555 0 215595 0 0 0 RICH ARMENTROUT 172500 0 0 0 0 0 0 0 14201 0 186701 0 0 0 JOHN DWYER 151794 0 0 0 0 0 6072 0 7201 0 165067 0 0 0 JENNIFER A HOGE 34258 0 0 0 0 0 1370 0 5470 0 41098 0 0 0 IDA OF ROCKINGHAM COUNTY 541155987 773460AT7 2003-07-31 43500000 RENOVATIONS OF HEALTHCARE CENTER, ASSISTED LIVING & REFINANCING CURRENT DEBT 0 0 0 IDA OF TOWN OF BROADWAY VIRGINIA 542028957 NONEAVAIL 2009-10-29 8000000 CONSTRUCTION OF 18 TOWNHOUSES, 12 VILLAS, AND 60 COTTAGES 0 0 0 43500000 31382878 921718 11195404 2033 0 0 0 0 8000000 2013 0 0 0 0 0 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 0 BB&T BANK 23.000000000000 0 0 0 0 1 0 BB&T BANK 3.500000000000 0 0 0 MARK CALLAHAN A TRUSTEE MR. MARK CALLAHAN, A TRUSTEE, IS ALSO A PRINCIPAL IN THE LAW FIRM OF CLARK & BRADSHAW, P.C. - PO BOX 71, HARRISONBURG, VA 22801. HE AND HIS FIRM SERVE AS CORPORATE LEGAL COUNSEL TO SUNNYSIDE PRESBYTERIAN HOME. IN 2010, MR. CALLAHAN'S FIRM WAS PAID $10,580 FOR LEGAL SERVICES AND PREPARATION OF FORM 5500. THE AMOUNT OF THESE FEES REPRESENT AN ARM'S LENGTH TRANSACTION. 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY AUDIT AND FINANCE COMMITTEE CHAIR, CFO, AND CONTROLLER BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS ARE COVERED UNDER THE CONFLICT OF INTEREST POLICY. THEY ARE REQUIRED TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY AND HAS AGREED TO COMPLY WITH THE POLICY. THE POLICY OUTLINES THE GUIDING PRINCIPLES, DISCLOSURE REQUIREMENTS, AND PROCEDURES FOR DEALING WITH CONFLICTS OF INTEREST. A PERSON WITH A CONFLICT SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF IT IS DETERMINED A CONFLICT OF INTEREST EXISTS,THE PERSON WITH A CONFLICT SHALL LEAVE THE MEETING DURING DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. THE REMAINING BOARD OR COMMITTEE MEMBERS WILL REVIEW AND ADDRESS THE ACTUAL CONFLICT ACCORDING TO PROCEDURES AS SET FORTH IN THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15B THE REVIEW AND APPROVAL OF THE CEO'S COMPENSATION WAS PERFORMED BY THE BOARD OF DIRECTORS AND THE AUDIT COMMITEE. TO COMPLETE THIS THE COMPENSATION WAS COMPARED AGAINST INDUSTRY BENCHMARK INFORMATION. COMPENSATION OF ALL OTHER OFFICERS AND KEY EMPLOYEES WAS REVIEWED AND APPROVED BY AN INDEPENDENT CONSULTANT. THE COMPENSATION FOR ALL EMPLOYEES WAS LAST REVIEWED IN 2010. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENT, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 236,765. CHANGE IN PV OF ANNUITIES PAYABLE -217,399. CHANGE IN FV INTEREST RATE SWAP AGREEMENTS -103,166. UNRESTRICTED NET ASSETS RELEASED FROM RESTRICTION 31,937. TEMPORARILY RESTRICTED NET ASSETS RELEASED FROM RESTRICTION -31,937. PERMANANTLY RESTRICTED CHANGE IN PV OF PERPETUAL TRUSTS 335,866. CHANGE IN PV OF PERPETUAL TRUSTS TEMPORARILY RESTRICTED CHANGE IN PV OF CHARITABLE REMAINDER TRUSTS 13,034. TOTAL TO FORM 990, PART XI, LINE 5: 265,100. FORM 990, PART XII, LINE 2C THE AUDIT COMMITEE PROVIDES OVERSIGHT OF THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.