2025-03-18T07:22:20-05:00 2024-06-30 351178661 BLUE & CO LLC 500 N MERIDIAN STREET SUITE 200 INDIANAPOLIS IN 46204 990 2023-07-01 351516199 WESTMINSTER VILLAGE GREENWOOD INC WEST 3178812591 295 VILLAGE LANE GREENWOOD IN 46143 JORDAN MORROW EXECUTIVE DIRECTOR 3178812591 2025-03-17 1 1 TYLER K GREENE CPA P00057872 3176334705 2025-03-17 2023 2025-03-06 01:10:19Z GREENWOOD VILLAGE SOUTH JORDAN MORROW 295 VILLAGE LANE GREENWOOD IN 46143 35607765 0 X WWW.GREENWOODVILLAGESOUTH.COM X 1981 IN TO OPERATE A LONG-TERM CARE AND RETIREMENT FACILITY. 9 9 496 9 0 0 46024 16954 31197409 32751827 329759 806840 14663 208639 31587855 33784260 0 0 0 0 15663575 17150395 0 0 1813 13824130 14341619 29487705 31492014 2100150 2292246 66482467 72418787 57062993 60057688 9419474 12361099 TO OPERATE A LONG-TERM CARE AND RETIREMENT FACILITY. 0 0 21931741 32757827 THE PRIMARY BUSINESS ACTIVITY IS TO OPERATE A LONG TERM CARE AND RETIREMENT FACILITY, PROVIDING HOUSING FOR THE AGED IN APARTMENTS AND COTTAGES, ASSISTED LIVING CARE THROUGH ITS LICENSED RESIDENTIAL CARE FACILITY, AND HEALTH CARE THROUGH ITS HEALTH CARE FACILITY IN GREENWOOD, INDIANA. THE ORGANIZATION INCLUDES 179 INDEPENDENT-LIVING APARTMENTS, 76 INDEPENDENT-LIVING COTTAGES, 45 ASSISTED-LIVING APARTMENTS, AND A 131-BED HEALTH CARE CENTER THAT PROVIDES BOTH SKILLED AND IMMEDIATE CARE. WESTMINSTER VILLAGE GREENWOOD, INC. PROVIDES THE BENEFITS OF BENEVOLENT CARE TO ITS RESIDENTS, IN WHICH THE ORGANIZATION WILL SUBSIDIZE THE COST OF CARE FOR THE REMAINDER OF THE RESIDENT'S LIFE SHOULD A RESIDENT OUTLIVE THEIR FINANCIAL RESOURCES. 21931741 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 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 0 0 0 0 1 86 0 1 496 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IN X PAUL PFAFF 3178654654 295 VILLAGE LANE GREENWOOD IN 46143 X DANIEL H WAGNER CPA PRESIDENT 2.00 0.00 X X 0 0 0 MICHAEL TAPP VICE PRESIDENT 2.00 0.00 X X 0 0 0 LINDA GIBSON SECRETARY 2.00 0.00 X X 0 0 0 DAN CALLON TREASURER 2.00 0.00 X X 0 0 0 JERRY CRIPPS RA DIRECTOR 2.00 0.00 X 0 0 0 PHILLIP C GETTUM DIRECTOR - PARTIAL TERM 2.00 0.00 X 0 0 0 KEVIN HOOVER DIRECTOR 2.00 0.00 X 0 0 0 ELLEN NORCROSS JOHNSON BSN RN DIRECTOR 2.00 0.00 X 0 0 0 STEVE POWELL DIRECTOR 2.00 0.00 X 0 0 0 JEFFREY COLVIN DIRECTOR 2.00 0.00 X 0 0 0 JORDAN MORROW EXECUTIVE DIRECTOR 40.00 0.00 X 0 0 0 KAREN EICKMAN MARKETING DIRECTOR 40.00 0.00 X 190848 0 27170 ALEXA ULREY DIRECTOR OF NURSING 40.00 0.00 X 148086 0 7862 DIANA BUTCHER MDS COORDINATOR 40.00 0.00 X 116940 0 3420 JANE NJOROGE LICENSED RN 40.00 0.00 X 114057 0 21380 PAUL PFAFF ACCOUNTING AND FINANCE DIRECTOR 40.00 0.00 X 107802 0 16125 677733 0 75957 5 0 1 0 LIFE CARE COMPANIES LLC 400 LOCUST STREET STE 820 DES MOINES IA 50309 MANAGEMENT SERVICES 2335688 SELECT REHABILITATION INC PO BOX 71985 CHICAGO IL 60694 THERAPY SERVICES 1415174 AG ARCHITECTURE 1414 UNDERWOOD AVE STE 301 WAUWATOSA WI 53213 ARCHITECTIRE SERVICES 895319 GORDON FOOD SERVICE PO BOX 1787 GRAND RAPIDS MI 49501 FOOD SERVICES 763144 MEYER NAJEM CONSTRUCTION LLC 11787 LANTER ROAD SUITE FISHERS IN 46038 CONSTRUCTION SERVICES 564620 26 16954 16954 MANAGEMENT SERVICES RE 623000 20086006 20086006 NET PATIENT AND RESIDE 623000 9352909 9352909 LIFE OCCUPANCY FEES 623000 2718732 2718732 RESIDENT SERVICES 623000 318194 318194 RENTAL FEES 623000 275986 275986 32751827 588049 588049 6000 6000 1788472 253824 1632680 190825 155792 62999 218791 218791 202639 202639 202639 33784260 32757827 0 1009479 14722314 11534841 3187473 125900 85146 40754 1299436 878809 420627 1002745 678157 324588 1016548 686152 330396 26097 16360 9737 57211 35866 21345 1748948 1096419 652529 307175 305362 1813 1666992 1302485 364507 1993103 1334708 658395 44257 16477 27780 48034 17884 30150 1099053 736365 362688 3272081 1123598 2148483 394551 264349 130202 FOOD 1400296 1346943 53353 OTHER EXPENSES 1234823 459739 775084 DUES & SUBSCRIPTIONS 32450 12081 20369 31492014 21931741 9558460 1813 5367091 5989091 9695483 10904195 262220 45212 120518 107253 98070 129889 89732770 47388592 39428643 42344178 7564676 8594296 260632 286256 3685134 4018417 66482467 72418787 1602579 1609417 19233849 21613075 25772388 25055677 10454177 11779519 57062993 60057688 X 9419474 12361099 9419474 12361099 66482467 72418787 X 2292246 638152 11227 X X 0 1 X 0 0 X 58906 6163 2498322 46024 16954 2626369 26248876 28063363 28207074 31197409 32750897 146467619 26307782 28069526 30705396 31243433 32767851 149093988 0 0 0 149093988 227952 164801 211961 316890 594049 1515653 227952 164801 211961 316890 594049 1515653 199675 10933 207270 8663 -112692 313849 26735409 28245260 31124627 31568986 33249208 150923490 0.98790 0.98820 0.01000 0.00760 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 199,675. 2020 AMOUNT: $ 10,933. 2021 AMOUNT: $ 207,270. 2022 AMOUNT: $ 8,663. 2023 AMOUNT: $ -112,692. 1332581 1332581 71535193 40896111 30639082 4919649 2184780 2734869 5894480 4307701 1586779 6050867 6050867 42344178 OTHER RECEIVABLES 1893012 DERIVATIVE ASSET 2125405 4018417 APPLICANT/TENANT DEPOSIT LIABILITY 11778172 OTHER CURRENT LIABILITIES 1347 11779519 X 34118302 638152 11227 649379 33468923 315337 315337 33784260 31176677 0 31176677 315337 315337 31492014 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE VILLAGE AND RECOGNIZE A TAX LIABILITY IF THE VILLAGE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE VILLAGE, AND HAS CONCLUDED THAT AS OF JUNE 30, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE VILLAGE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON DERIVATIVE INSTRUMENT 11,227. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RECLASSED FROM INCOME 315,337. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RECLASSED FROM INCOME 315,337. 0 0 0 0 0 0 0 0 0 KAREN EICKMAN MARKETING DIRECTOR 71985 0 118863 0 0 0 6129 0 21041 0 218018 0 0 0 ALEXA ULREY DIRECTOR OF NURSING 133937 0 14149 0 0 0 4520 0 3342 0 155948 0 0 0 FORM 990, PART VII, SECTION A, LINE 5 LIFE CARE SERVICES, LLC HAS BEEN ENGAGED TO MANAGE THE VILLAGE'S OPERATIONS OF THE FACILITY SINCE DECEMBER 1981. THE VILLAGE'S MANAGEMENT FEE PAID TO LIFE CARE SERVICES IS LISTED ON PART VII, SECTION B. INDEPENDENT CONTRACTORS. THE FEE PAID IS A FIXED MONTHLY AMOUNT PLUS INCENTIVE FEES EARNED FOR THE ACHIEVEMENT OF CERTAIN GOALS. THE EXECUTIVE DIRECTOR (LISTED AS AN OFFICER ON PART VII, SECTION A) AND THE ADMINISTRATOR (NON-OFFICER EMPLOYEE) ARE EMPLOYED BY THE UNRELATED THIRD PARTY MANAGEMENT COMPANY, LIFE CARE SERVICES, WHICH PAYS THE COMPENSATION FOR THESE TWO POSITIONS. A INDIANA FINANCE AUTHORITY 351602316 2021-02-25 27713011 SEE PART VI BELOW 0 0 0 A 2657334 27713011 27713011 2012 1 0 1 1 A 0 0 1 1 0 0 0 1 A 0 0 0 1 1 1 SEE PART VI BELOW 10.000000000000 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: INDIANA FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/16/2015 PART I, LINE A, COLUMN F: THE 2021 BONDS WERE ORIGINALLY USED FOR THE CURRENT REFUNDING OF SERIES 2012 BONDS ISSUED ON DECEMBER 20, 2012. THE 2012 BONDS WERE ISSUED TO REFUND 1998 AND 2011 BONDS, ALONG WITH PAYING FOR A PORTION OF THE CONSTS OF CONSTRUCTING, RENOVATING, OR EQUIPPING A CONTINUING CARE RETIREMENT COMMUNITY. PART IV, LINE 4A: THE HUNTINGTON NATIONAL BANK FORM 990, PART VI, SECTION A, LINE 3 LIFE CARE SERVICES, LLC HAS BEEN ENGAGED TO MANAGE THE VILLAGE'S OPERATIONS OF THE FACILITY SINCE DECEMBER 1981. THE VILLAGE'S MANAGEMENT FEE PAID TO LIFE CARE SERVICES IS LISTED ON PART VII, SECTION B. INDEPENDENT CONTRACTORS. THE FEE PAID IS A FIXED MONTHLY AMOUNT PLUS INCENTIVE FEES EARNED FOR THE ACHIEVEMENT OF CERTAIN GOALS. THE EXECUTIVE DIRECTOR (LISTED AS AN OFFICER ON PART VII, SECTION A) AND THE ADMINISTRATOR (NON-OFFICER EMPLOYEE) ARE EMPLOYED BY THE UNRELATED THIRD PARTY MANAGEMENT COMPANY, LIFE CARE SERVICES, WHICH PAYS THE COMPENSATION FOR THESE TWO POSITIONS. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS OF REVIEWING THE FORM 990 INCLUDES A DETAILED REVIEW OF THE FORM AND REQUIRED SCHEDULES BY THE ORGANIZATION'S ACCOUNTING DIRECTOR AND EXECUTIVE DIRECTOR. EACH VOTING MEMBER OF THE GOVERNING BODY RECEIVES A COPY OF THE FORM 990 INCLUDING REQUIRED SCHEDULES, AS ULTIMATELY FILED WITH THE IRS, FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY. EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS 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. IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO UNVEIL ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE UNRELATED THIRD PARTY MANAGEMENT COMPANY, LIFE CARE SERVICES, LLC. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ALL GOVERNING DOCUMENTS, POLICIES AND PROCEDURES, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: UNREAL. GAIN/LOSS ON DERIVATIVE 11,227. FORM 990, PART XII, LINE 2C, OVERSIGHT OF AUDIT: THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND NO PROCESSES HAVE CHANGED FROM PRIOR YEAR.