2026-05-15T12:05:13-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 600 WASHINGTON AVENUE SUITE 1800 ST LOUIS MO 63101 990 2024-07-01 237333148 FRIENDSHIP VILLAGE OF WEST COUNTY FRIE 6365321515 15201 OLIVE BOULEVARD CHESTERFIELD MO 63017 JAMES T WALSH CEO 6365321515 2026-05-14 1 0 AMBER HAMILTON P01251012 3149254300 2026-05-14 2024 2025-03-06 01:10:19Z FRIENDSHIP VILLAGE CHESTERFIELD JAMES T WALSH 15201 OLIVE BOULEVARD CHESTERFIELD MO 63017 47041946 0 X WWW.FRIENDSHIPVILLAGESTL.COM/CHESTERFIELD X 1973 MO BE A PREMIER PROVIDER OF CARE SERVICES TO SENIOR IN A MANNER THAT IS HONORING TO THE LORD, JESUS CHRIST. 6 4 642 75 0 0 7335002 3826649 36337118 38464301 764401 2910814 748930 731817 45185451 45933581 13013 3614 0 0 20531947 21968547 0 0 0 30401289 30627051 50946249 52599212 -5760798 -6665631 176017336 172515069 249462881 238886592 -73445545 -66371523 X CREATING A COMMUNITY THAT THRIVES PHYSICALLY, SPIRITUALLY, AND EMOTIONALLY. GUIDED BY BIBLICAL PRINCIPLES WHICH HONOR JESUS CHRIST, FRIENDSHIP VILLAGE PROVIDES A WARM, GRACIOUS AND SECURE ENVIRONMENT WHERE ALL EXPERIENCE PHYSICAL, SPIRITUAL AND EMOTIONAL CARE. 0 0 35864714 3614 23589242 THE VILLAGE IS A LIFE CARE SENIOR LIVING COMMUNITY, DESIGNED TO ACCOMMODATE PERSONS 62 YEARS OF AGE OR OLDER IN A DIGNIFIED MANNER. CURRENTLY, THE VILLAGE HAS 296 RESIDENCES, 39 VILLAS, 60 ASSISTED LIVING AND A LICENSED 90-BED SKILLED NURSING FACILITY (THE "HEALTH CENTER"). THE PRIMARY INTENT OF FVC, IS TO ASSURE THE RESIDENTS OF LIFE CARE THROUGHOUT THEIR RETIREMENT YEARS. THE VILLAGE IS DESIGNED TO CREATE AN ENVIRONMENT THAT WILL ENRICH THE LIVES OF THE PEOPLE WHO LIVE AND WORK THERE. THE DESIGN OF THE MAIN COMMON FACILITIES PROVIDES LARGE AREAS FOR DINING AND MEETINGS WITHOUT DETRACTING FROM THE HOMELIKE ENVIRONMENT OF THE VILLAGE.SEE SCHEDULE O FOR CONTINUATION.IN ADDITION TO PROVIDING A RESIDENCE FOR LIFETIME USE BY THE RESIDENT, FVC WILL PROVIDE: MAINTENANCE OF THE RESIDENCES AND COMMON AREAS; WEEKLY FLAT LAUNDRY SERVICE; FOOD SERVICE, INCLUDING ONE MEAL FOR EACH DAY IN THE MONTH AT NO ADDITIONAL CHARGE; THE SERVICES OF A CHAPLAIN AND RESIDENT SOCIAL DIRECTOR; SCHEDULED TRANSPORTATION SERVICES; 24-HOUR NURSING CARE IN THE HEALTH CENTER SEE ADDITIONAL PROGRAM DESCRIPTION; BIWEEKLY HOUSEKEEPING; A CALL SYSTEM; VARIOUS ADMINISTRATIVE SERVICES; AND ALL UTILITIES. SOCIAL ACCOUNTABILITY .OUR RESIDENTS' SELFLESS ACTS OF VOLUNTEERING THEIR TIME SPEAK LOUDER THAN WORDS. THE FRIENDSHIP VILLAGE CHESTERFIELD RESIDENTS ENJOY VOLUNTEERING INSIDE OUR COMMUNITY. OUR RESIDENTS NOT ONLY VOLUNTEERED WITHIN OUR WALLS BUT TOOK IT TO THE COMMUNITY AT LARGE. RESIDENT VOLUNTEER HOURS FOR FRIENDSHIP VILLAGE CHESTERFIELD ARE APPROXIMATELY 9,500.THE EMPLOYEES OF FRIENDSHIP VILLAGE CHESTERFIELD GO ABOVE AND BEYOND THEIR WORK LOAD. OUR EMPLOYEES VOLUNTEERED IN COMMUNITIES ACROSS THE ST. LOUIS METROPOLITAN COMMUNITY. EMPLOYEE VOLUNTEER HOURS WERE 760.FRIENDSHIP VILLAGE CHESTERFIELD HAS THREE FULL-TIME CHAPLAINS TO HELP MEET THE SPIRITUAL NEEDS OF OUR RESIDENTS AND STAFF. THIS INCLUDES LEADING WORSHIP SERVICES, CONDUCTING SPIRITUAL ASSESSMENTS, PROVIDING SUPPORT GROUPS, OVERSEEING BIBLE STUDIES, ORCHESTRATING VARIOUS HOLIDAY PROGRAMS, AND MAINTAINING NUMEROUS IN-PERSON VISITS. FUNERAL/MEMORIAL SERVICES: FOURTEEN SERVICES WERE CONDUCTED DURING FY24/25 AND AN ANNUAL MEMORIAL SERVICE IN JANUARY 2025 HONORED 98 DECEDENTS WITH OVER 150 ATTENDEES PRESENT.FRIENDSHIP VILLAGE CHESTERFIELD CONDUCTS BIBLE STUDIES FOR RESIDENTS. 70 RESIDENTS, ON AVERAGE, ARE IN ATTENDANCE AMONG FIVE WEEKLY BIBLE STUDY CLASSES. IN ADDITION TO BIBLE STUDIES, THE VILLAGE OFFERS TWO WORSHIP SERVICES EACH SUNDAY. APPROXIMATELY 110 RESIDENTS ATTEND WORSHIP SERVICES HOSTED IN OUR CHAPEL AND VILLAGE CARE CENTER. NURMEROUS OTHERS WATCH ON CHANNEL 2493 OR ONLINE. FRIENDSHIP VILLAGE CHESTERFIELD HAS 25+ VOLUNTEERS WHO HELP WITH SOME ASPECT OF THE WORSHIP SERVICES.FRIENDSHIP VILLAGE CHESTERFIELD PROVIDES BENEVOLENT CARE IF RESIDENT'S RESOURCES DIMINISH AND NEEDS INCREASE. WE ALSO PROVIDE OUR EXCEPTIONAL STANDARD OF CARE TO ALL OUR LIFE CARE RESIDENTS ON MEDICAIDREGARDLESS OF MEDICAID REIMBURSEMENT RATES. WE THANK OUR GENEROUS DONORS FOR HELPING OUR RESIDENTS AT THIS TIME OF NEED. DONORS HELP RESTORE RESIDENT HOPE. OUR BENEVOLENT CARE NEED FOR RESIDENTS AT FRIENDSHIP VILLAGE CHESTERFIELD CONTINUES TO INCREASE. BENEVOLENCE CARE (INCLUDING MEDICAID CARE COSTS) WAS NEARLY $780,000.WE ARE FORTUNATE TO STAY TRUE TO OUR MISSION BECAUSE OF THE GENEROSITY OF OTHERS TO OUR FRIENDSHIP FOUNDATION.FRIENDSHIP VILLAGE CHESTERFIELD HAS NOT ALTERED THE LEVEL OF CARE AND SERVICE IT PROVIDES, DESPITE THE FACT THAT COSTS CONTINUE TO INCREASE AND MEDICARE/MEDICAID CONTINUES TO OFFER FEWER SUBSIDIES FOR LONG-TERM CARE.FRIENDSHIP VILLAGE CHESTERFIELD HAS CONTRACTUAL AGREEMENTS WITH MEDICARE, MEDICAID, AND OTHER THIRD PARTY INSURANCES. REGARDLESS OF THE REIMBURSEMENT RECEIVED, EVEN WHEN IT FALLS SHORT OF THE COST OF CARE, FRIENDSHIP VILLAGE CHESTERFIELD WILL CONTINUE PROVIDING COMPREHENSIVE CARE OUR RESIDENTS NEED. 7101911 0 11281522 HEALTH CENTER - THE VILLAGE'S 90-BED HEALTH CENTER IS LICENSED TO PROVIDE SKILLED NURSING CARE. HEALTH CENTER SERVICES ARE AVAILABLE TO ALL RESIDENTS OF THE VILLAGE, AND RESIDENTS MAY BE ADMITTED DIRECTLY TO THE HEALTH CENTER FROM THEIR RESIDENCES, AND NEED NOT COME FROM A HOSPITAL. RESIDENTS ARE ENCOURAGED TO RETURN TO THEIR RESIDENCES AS SOON AS POSSIBLE. RESIDENTS WHO ARE UNABLE TO RETURN TO THEIR RESIDENCES, HOWEVER, HAVE THE BENEFIT OF PERMANENT CARE IN THE HEALTH CENTER. 2011695 0 3593537 ASSISTED LIVING - WE TAILOR YOUR NEEDS AT OUR ASSISTED LIVING AND MEMORY CARE PROGRAM AT FRIENDSHIP VILLAGE CHESTERFIELD. YOU'LL RECEIVE JUST THE RIGHT AMOUNT OF ASSISTANCE WITH DAILY ACTIVITIES, SO YOU CAN REMAIN AS INDEPENDENT AND ACTIVE AS YOU WANT TO BE. OUR MISSION IS TO ENHANCE YOUR INDEPENDENCE, PROTECT YOUR PRIVACY AND OPEN THE DOOR TO ENDLESS POSSIBILITIES. TO KEEP YOU WELL, WE PROVIDE EXCELLENT HEALTH SERVICES AND MANY SOCIAL EVENTS AND COMMUNITY ACTIVITIES. 44978320 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 642 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X CHRISTY HOOD 3142707150 15201 OLIVE BOULEVARD CHESTERFIELD MO 63017 JOHN FASICK BOARD CHAIR 1.00 2.00 X X 0 10000 0 CARMEN FRONCZAK PRESIDENT/EXECUTIVE DIRECTOR 14.00 28.00 X X 0 426508 17671 DAVID GIFFIN SECRETARY 2.00 1.00 X X 0 10000 0 LYDIA SEIBERT TREASURER 1.00 2.00 X X 0 12000 0 LISA MEYER BOARD MEMBER 2.00 0.00 X 0 0 0 JERRY EICHOLTZ BOARD MEMBER 1.00 0.00 X 0 0 0 KATHY FRANCESCON CFO 14.00 28.00 X 0 329891 26535 GAYLE RANDA CHIEF HUMAN RESOURCES OFFICER 14.00 28.00 X 0 266563 27981 JAMES T WALSH CEO 14.00 28.00 X 0 642743 42878 KEN KLUMP ADMINISTRATOR, CARE CENTER 40.00 0.00 X 0 182616 36226 EMMANUEL TEFERI DIRECTOR, FOOD AND BEVERAGE 40.00 0.00 X 0 115727 27775 BRIDGET BANKS ADMINISTRATOR, ASSISTED LIVING 40.00 0.00 X 0 123604 20942 LISA HOWARD DIRECTOR OF NURSING 40.00 0.00 X 0 111434 34465 MICHELE DAIN DIRECTOR OF CARE NAVIGATION 40.00 0.00 X 0 103899 15102 0 2334985 249575 0 0 1 0 FV MANAGEMENT LLC 12563 VILLAGE CIRCLE DRIVE ST LOUIS MO 63127 MANAGEMENT SERVICES 607762 1 3794072 32577 3826649 APT SERVICE & MEALS 623000 17735575 17735575 NET MEDICAL CENTER REV 623000 11281522 11281522 AMORT OF ENDOWMENT CONTRACTS 623000 5853667 5853667 ASSISTED LIVING 623000 3593537 3593537 38464301 1271399 1271399 171803 171803 2499935 4662 1027982 9003 1471953 -4341 1467612 1467612 47762 71380 -23618 -23618 MEAL INCOME 531120 506790 506790 GARAGE/SPACE FEE 531120 48840 48840 CHAPEL 531120 45153 45153 154652 154652 755435 45933581 38464301 0 3642631 352 352 3262 3262 641774 641774 17467077 15244072 2223005 223546 154862 68684 2313350 2018353 294997 1322800 1117072 205728 708608 708608 33057 33057 52890 52890 64553 64553 1460181 795928 664253 462906 462906 933396 511904 421492 527260 19080 508180 2590888 2358990 231898 138080 63274 74806 35641 18717 16924 7502022 7145126 356896 11233284 10698880 534404 993073 945829 47244 DIETARY 1965042 1965042 MEDICAL SUPPLIES 783466 783466 MAINTENANCE 665489 665489 PROFESSIONAL DUES, LICE 218655 211838 6817 258560 256784 1776 52599212 44978320 7620892 0 500 500 3707726 2678792 2210078 2389559 166149 127725 826461 896414 204972905 76074908 133879106 128897997 34397176 36849537 830140 674545 176017336 172515069 8105205 8024963 39338206 40845172 146124196 144657931 55895274 45358526 249462881 238886592 X -73445545 -66592517 220994 -73445545 -66371523 176017336 172515069 X -6665631 414469 13325184 X X 0 1 X 1 0 X 720771 22593 57673 7335002 3826649 11962688 26344593 31017556 34117483 36402675 38464301 166346608 65195 662246 786434 719623 788353 3021851 27130559 31702395 34961590 44457300 43079303 181331147 60529 63339 66075 83656 185916 459515 0 60529 63339 66075 83656 185916 459515 180871632 531650 622034 662225 968111 1443202 4227222 531650 622034 662225 968111 1443202 4227222 485746 99156 17640 21574 14844 638960 28147955 32423585 35641455 45446985 44537349 186197329 0.97140 0.96630 0.02270 0.02620 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 65,629. 2021 AMOUNT: $ 81,880. 2022 AMOUNT: $ 6,145. 2023 AMOUNT: $ 2,527. 2024 AMOUNT: $ 14,844. GARAGE/SPACE FEES - 2020 AMOUNT: $ 15,120. LAUNDRY - 2020 AMOUNT: $ 16,179. GUEST ROOM - 2020 AMOUNT: $ 2,272. BEAUTY AND BARBER - 2020 AMOUNT: $ 19,561. MEAL INCOME - 2020 AMOUNT: $ 299,676. CHAPEL - 2020 AMOUNT: $ 13,392. TRANSPORTATION - 2020 AMOUNT: $ 21,419. MAINTENANCE - 2020 AMOUNT: $ 11,412. HOUSEKEEPING - 2020 AMOUNT: $ 413. 403B FOREFITURES - 2020 AMOUNT: $ 20,673. 2021 AMOUNT: $ 17,276. 2022 AMOUNT: $ 11,495. 2023 AMOUNT: $ 6,368. DAMAGE CLAIMS REVENUE - 2023 AMOUNT: $ 12,679. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2073083 2073083 186515167 68213095 118302072 52594 50492 2102 13559111 7811321 5747790 2772950 2772950 128897997 ADVANCE DEPOSITS 1954822 REFUNDABLE ENDOWMENTS 29026177 OBLIGATION TO PROVIDE FUTURE SERVICES 11588699 OPERATING RIGHT OF USE LIABILITY 545110 ERC LOSS RESERVE 1994958 DUE TO RELATED PARTIES 248760 45358526 X 53746967 414469 7932078 8346547 45400420 64553 468608 533161 45933581 52066051 75721 75721 51990330 64553 544329 608882 52599212 PART X, LINE 2: THE VILLAGE IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS AND IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN OBLIGATION TO PROVIDE FUTURE SERVICES 7,932,078. PART XI, LINE 4B - OTHER ADJUSTMENTS: GIFTS AND CONTRIBUTIONS NETTED WITH REVENUES 6,882. ERC CONSULTANT FEES NETTED WITH REVENUES 537,447. GIFT STORE EXPENSES NETTED WITH REVENUES -71,380. LOSS ON SALE OF FIXED ASSETS -4,341. PART XII, LINE 2D - OTHER ADJUSTMENTS: GIFT STORE EXPENSES NETTED WITH REVENUES 71,380. LOSS ON SALE OF FIXED ASSETS 4,341. PART XII, LINE 4B - OTHER ADJUSTMENTS: GIFTS AND CONTRIBUTIONS NETTED WITH REVENUES 6,882. ERC CONSULTANT FEES NETTED WITH REVENUES 537,447. 0 0 0 0 0 0 0 0 0 JAMES T WALSH CEO 0 468824 0 172340 0 1579 0 14592 0 28286 0 685621 0 0 CARMEN FRONCZAK PRESIDENT/EXECUTIVE DIRECTOR 0 333500 0 92459 0 549 0 10588 0 7083 0 444179 0 0 KATHY FRANCESCON CFO 0 250566 0 78003 0 1322 0 8372 0 18163 0 356426 0 0 GAYLE RANDA CHIEF HUMAN RESOURCES OFFICER 0 213712 0 51129 0 1722 0 8102 0 19879 0 294544 0 0 KEN KLUMP ADMINISTRATOR, CARE CENTER 0 152892 0 26778 0 2946 0 16826 0 19400 0 218842 0 0 PART I, LINE 3 A RELATED ORGANIZATION, FV MANAGEMENT, COMPENSATES AND ESTABLISHES THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE RELATED ORGANIZATION USED THE FOLLOWING PROCEDURE TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR: APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 5 PART OF EXECUTIVE DIRECTOR BONUS IS BASED ON OPERATING RESULTS OF FRIENDSHIP VILLAGE SUNSET HILLS. PART I, LINE 6 BONUS PARTIALLY BASED ON OPERATING RESULTS. A THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST LOUIS MISSOURI 431170145 791524CE9 2017-11-21 53783326 SEE PART VI 0 0 0 B THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST LOUIS MISSOURI 431170145 791524CP4 2018-11-20 226688441 SEE PART VI 0 0 0 A 6345000 54483328 4663332 114079 965544 8100179 40650880 2020 1 1 1 1 B 29855000 228823279 8020494 2933783 2955582 215138305 2020 0 0 1 1 A 0 1 1 1 0 0.00070 0.00000 0.00070 0 0 1 B 0 1 1 1 0 0.00070 0.00000 0.00070 0 0 1 A 0 0 0 1 0 0 0 1 1 B 0 0 0 1 1 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST. LOUI DATE THE REBATE COMPUTATION WAS PERFORMED: 09/01/2022 ISSUER NAME: THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE COUNTY OF ST. LOUI DATE THE REBATE COMPUTATION WAS PERFORMED: 11/01/2023 PART I, COLUMN (F), LINE B FINANCE NEW CAPITAL IMPROVEMENTS PART I, COLUMN (F), LINE A FINANCE NEW CAPITAL IMPROVEMENTS AND REFUND THE FOLLOWING SERIES OF BONDS OF FRIENDSHIP VILLAGE OF WEST COUNTY: SERIES 2007AB BONDS (7/11/07) AND SERIES 2012 BONDS (12/21/12). PART I, COLUMN (C), LINE B THE CUSIP NUMBER FOR SERIES 2018A IS 791524 CPA. THE SERIES 2018B WERE NOT PUBLICLY OFFERED. THE SERIES 2018A BONDS AND THE SERIES 2018B BONDS ARE BEING TREATED AS A SINGLE ISSUE PURSUANT TO REGULATIONS 1.150-1(C). PART I, LINE A, B (GENERALLY): THE SERIES 2017 AND SERIES 2018AB BONDS FINANCED IMPROVEMENTS AT EACH FRIENDSHIP VILLAGE CAMPUS LOCATION (CHESTERFIELD AND SUNSET HILLS) AND IS THEREFORE REPORTED ON FORM 990, SCHEDULE K FOR BOTH FRIENDSHIP VILLAGE OF WEST COUNTY AND FRIENDSHIP VILLAGE OF SOUTH COUNTY. PART II, LINE 3 (GENERALLY): THE DIFFERENCE BETWEEN THE RESPECTIVE ISSUE PRICES OF THE BONDS AND THE AMOUNTS LISTED ON PART II, LINE 3 IS INVESTMENT EARNINGS. PART IV, LINE 6, COLUMN A: GROSS PROCEEDS OF THE BONDS ARE INVESTED IN A YIELD-RESTRICTED REFUNDING ESCROW FUND AT A YIELD BELOW BOND YIELD. FORM 990, PART VI, SECTION A, LINE 3 MANAGEMENT OF THE VILLAGE IS PERFORMED BY PERSONNEL EMPLOYED BY A RELATED COMPANY, FV MANAGMENT LLC. FV MANAGEMENT LLC'S RESPONSIBILITIES INCLUDE RECRUITING AND EMPLOYING THE EXECUTIVE DIRECTOR, AS WELL AS HR, IT, FINANCE AND MARKETING FUNCTIONS; SUPERVISING THE LICENSING, EQUIPPING, AND STAFFING OF THE VILLAGE; PREPARING ANNUAL BUDGETS; ESTABLISHING AND OPERATING A SYSTEM OF FINANCIAL CONTROLS FOR THE VILLAGE, INCLUDING COMPARATIVE ANALYSES WITH OTHER FACILITIES; SUPERVISING THE DELIVERY OF HEALTH CARE SERVICES WHICH MEET THE GUIDLINES OF THE FEDERAL MEDICARE (TITLE XVIII) PROGRAM; AND OVERSEEING THE FOOD SERVICE AND QUALITY OF ACCOMMODATIONS PROVIDED BY THE VILLAGE. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION'S SOLE MEMBER IS FV SERVICES, INC. (THE "MEMBER"). FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER HAS RESERVED THE POWER TO APPOINT THE CHAIRPERSON OF THE BOARD OF DIRECTORS OF THE CORPORATION. ALSO, ALL DIRECTORS ARE APPOINTED BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B THE POWERS RESERVED TO THE MEMBER IS AS FOLLOWS: ESTABLISH, MODIFY, AND INTERPRET MISSION AND VISION STATEMENTS FOR THE CORPORATION AND THE SYSTEM; ESTABLISH THE DEBT LIMITS OF, AND DEBT GUIDELINES FOR THE CORPORATION; SELECT THE AUDITOR FOR THE CORPORATION AND THE SYSTEM; ESTABLISH GUIDELINES FOR TRANSFERRING OR ENCUMBERING ASSETS OF THE CORPORATION FOR FINANCINGS INCLUDING TAX-EXEMPT BONDS; APPROVE THE FORMATION OR ACQUISITION OF LEGAL ENTITIES BY THE CORPORATION; APPROVE THE SALE, TRANSFER, DISPOSITION OF, OR SUBSTANTIAL CHANGE TO THE USE OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; APPROVE A DIVESTITURE, MERGER, DISSOLUTION, REORGANIZATION, CLOSING, OR CONSOLIDATION INVOLVING THE CORPORATION; APPROVE A CHANGE TO THE MEMBER OF THE CORPORATION; AMEND THE ARTICLES, BYLAWS, AND OTHER GOVERNANCE DOCUMENTS, AS APPLICABLE, FOR THE CORPORATION; APPROVE DEBT OF THE CORPORATION TO FINANCE CAPITAL PROJECTS AND OPERATING CAPITAL; APPROVE POLICIES AND PROCEDURES, INCLUDING OPERATIONAL POLICIES CONSISTENT WITH MISSION AND STRATEGY, AND FURTHER INCLUDING POLICIES FOR PROVIDER CREDENTIALING, QUALITY, AND PATIENT SAFETY (AS APPLICABLE), FOR THE CORPORATION; APPOINT THE PRESIDENT OF THE CORPORATION AND ESTABLISH CORE COMPETENCIES, ANNUAL PERFORMANCE OBJECTIVES AND COMPENSATION FOR THE PRESIDENT; APPOINT AN EXECUTIVE DIRECTOR FOR THE FACILITIES OF THE CORPORATION AND APPROVE COMPENSATION POLICIES AND GUIDELINES FOR SUCH PERSON; APPOINT THE CHAIRPERSON OF THE BOARD OF DIRECTORS OF THE CORPORATION; APPROVE PERSONS FOR APPLICABLE C LEVEL POSITIONS (E.G., CEO, CFO, CCO, CHRO) OF THE CORPORATION, IF ANY, AS WELL AS COMPENSATION POLICIES AND GUIDELINES FOR SUCH PERSONS; APPROVE AN ANNUAL BUDGET FOR THE CORPORATION; APPROVE STRATEGIC PLANS OF THE CORPORATION; APPROVE FORMS OF ANY RESIDENT CONTRACTS FOR THE CORPORATION; AND DETERMINE WHETHER TO SETTLE ANY CLAIMS ASSERTED AGAINST THE CORPORATION AND APPROVE TERMS OF ANY SETTLEMENT. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO SUBMISSION, FORM 990 UNDERGOES REVIEW BY THE CHIEF FINANCIAL OFFICER. ADDITIONALLY, A COPY IS PROVIDED TO THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 FRIENDSHIP VILLAGE WEST COUNTY DOES NOT COMPENSATE ANY EMPLOYEES. A RELATED ORGANIZATION USES THE FOLLOWING PROCESS: TO DETERMINE SALARIES, EVERY YEAR THE MANAGEMENT COMPANY PARTICIPATES IN AN EXECUTIVE COMPENSATION STUDY FOR ALL POSITIONS AND COMPARE THOSE SALARIES WITH THE SALARIES THAT ARE ACTUALLY BEING PAID. THIS SURVEY COMPRISES DATA OF COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THIS IS THEN REVIEWED AND APPROVED BY THE BOARD COMPENSATION COMMITTEE TO DETERMINE APPROPRIATE SALARIES. THIS COMMITTEE IS COMPRISED OF ONLY INDEPENDENT BOARD MEMBERS. CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING FOR DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT ARE KEPT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 FINANCAL STATEMENTS ARE POSTED QUARTERLY ON MUNICIPAL SECURITIES RULEMAKING BOARD (EMMA DATAPORT). ANNUAL POSTING OF BUDGET AS WELL. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF FUTURE SERVICES OBLIGATION 7,932,078. NET ASSET TRANSFER 5,393,106. FORM 990, PART XII, LINE 2C PROCESSES HAVE NOT CHANGED FROM PRIOR YEARS. PART V, LINE 1A 1099'S ARE ISSUED BY THE RELATED ORGANIZATION, FV OPERATIONS. FRIENDSHIP VILLAGE OF SOUTH COUNTY 12563 VILLAGE CIRCLE DRIVE ST LOUIS MO 63127 431155242 PROVIDE SENIOR CITIZENS WITH QUALITY HOUSING AND HOME CARE MO 501(C)(3) LINE 10 FV SERVICES INC 0 FV SERVICES INC 12563 VILLAGE CIRCLE DRIVE ST LOUIS MO 63127 820986068 SUPPORTING ORGANIZATION MO 501(C)(3) LINE 12B, II N/A 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 1 1 1