2023-11-12T10:15:09-00:00 2022-12-31 990 2022-01-01 371748152 Harry & Jeanette Weinberg Green Houses at Rivertown Neighborhood HARR 26200 Lahser Rd APT 300 Southfield MI 48033 Brian W Carnaghi Treasurer 2023-11-09 false Brian W Carnaghi 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Weinberg Green House Brian W Carnaghi 26200 Lahser Rd Suite 300 Southfield MI 48033 1726548 false X www.PVM.org X 2014 MI Housing and social assistance for the elderly 3 3 19 0 48534 65919 1595486 1656534 21 4095 0 1644041 1726548 0 0 819705 832581 0 0 924548 912932 1744253 1745513 -100212 -18965 8801133 8755723 4955930 4808637 3845203 3947086 Assisted living for very low and low income elderly and physically handicapped elderly. false false 1174398 1726548 Housing and social assistance for the elderly. The program served 28 persons who would have needed to move to an institutional nursing home. The tenants are members of the Progarm for All Inclusive Care for the Elderly, and as such receive additional health and wellness services through the PACE center on the campus. 1174398 true true false false false false false false false false true false false false true true false false false false false false false false false false false false false true false false false false false false false false false false false false false true false false false true X 0 0 true 19 true false false false false false false false false false false false false false X 3 3 false true false false false true true true true false false true false false false true false false MI X X X Presbyterian Villages of Michigan 2482812020 26200 Lahser Rd Suite 300 Southfield MI 48033 Roger L Myers President 001.00 040.00 X X 0 444650 0 Brian W Carnaghi Treasurer 001.00 040.00 X X 0 283953 0 La Donna Holley Secretary 001.00 040.00 X X 0 213280 0 Wenona Breazeale Executive Director 040.00 X 72078 0 0 Therica Lazaraj Administrator 040.00 X 6947 0 0 79025 941883 false true false 65919 65919 resident service revenue 623000 1656534 1656534 1656534 4095 4095 1726548 1660629 0 0 0 0 68181 68181 0 657591 657591 5981 5419 562 50076 45372 4704 50752 46645 4107 83589 83589 0 4538 4538 0 0 48958 48958 0 0 241537 241537 0 133671 98592 35079 1230 1230 0 0 19334 14260 5074 0 240031 177040 62991 70072 51683 18389 supplies 25591 25058 533 medical supplies 3780 3780 40601 40601 1745513 1174398 571115 0 X 306726 308763 132571 325456 151814 142872 9285067 1306435 8210022 7978632 8801133 8755723 78584 72855 4877346 4735782 4955930 4808637 X 3845203 3947086 3845203 3947086 8801133 8755723 X -18965 120848 X false X true X true false X 75895 269388 81864 48534 65919 541600 1460177 1502444 1545677 1595486 1656534 7760318 1536072 1771832 1627541 1644020 1722453 8301918 8301918 8 21 4095 4124 0 8 21 4095 4124 0 0 1536072 1771832 1627549 1644041 1726548 8306042 0.99950 1.00000 0.00050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false 471228 471228 8565249 1178609 7386640 248590 127826 120764 7978632 Financial derivatives and other financial products Closely-held equity interests Federal income taxes Loans from PVM 4542213 Interco payable to PVM 193569 developer fee payable 4735782 1726548 1726548 1726548 1745513 1745513 1745513 X 1 The Obligated Group members are not-for-profit corporations and are exempt from tax under the provisions of Internal Revenue Code Section 501c3. Accordingly, no tax provision is recorded in the special purpose combined financial statements. false false false true false false false Brian W Carnaghi Treasurer 283953 5711 15815 305479 Roger L Myers President 444650 5260 16370 466280 La Donna Holley Secretary 213280 3216 2088 218584 Part I Line 6b Selected members of senior management are eligible to participate in an Executive Incentive Compensation Program if selected financial and quality targets are achieved across the entire Presbyterian Villages of Michigan system Form 990, Part V, Line 2a PVM acts as a common pay master for all entities within the PVM system, therefore this Organization does not file any W-2 forms. The Organization reported here has approximately 20 employees. Form 990, Part VI, Section A, Line 3 The Organization contracts with Presbyterian Villages of Michigan for management services Form 990, Part VI, Section A, Line 7a Presbyterian Villages of Michigan is the sole member of the corporation and appoints the members of the board Form 990, Part VI, Section B, Line 11 A copy of the completed form and all related schedules was distributed to the board members via e-mail for their review, comment and questions prior to filing Form 990, Part VI, Section B, Line 12 Presbyterian Villages of Michigan annually distributes conflict of interest forms to all board members and senior staff. Forms are returned to the PVM offices. This Organization does not have its own conflict of interest policy, but uses the conflict of interest policy of Presbyterian Villages of Michigan. Form 990, Part VI, Section B, Line 13 The Organization does not have its own whistleblower policy. It relies on the policy of PVM, its management company Form 990, Part VI, Section B, Line 14 The Organization does not have a written document retention policy approved by its board of directors it relies on the policy adopted by Presbyterian Villages of Michigan, its management agent Form 990, Part VI, Section B, Line 15b A biannual salary study is conducted by an independent compensation consultant/analyst who reports to the PVM Executive Committee acting in their capacity as the PVM Compensation Committee. Compensation rates are also routinely surveyed and evaluated for all employee positions. Form 990, Part X, Line 20 Tax exempt bond issues were completed in 2005 and 2020 in order to refund two previous bond issues and to provide new money for a variety of capital projects at Redford, East Harbor, Westland, Weinberg Green Houses, Harobr Inn and the corporate office. Each bond issue was done in the name of Presbyterian Villages of Michigan for the benefit of these entities the Obligated Group. Funds were loaned to these entities and are reported as unsecured debt on their Form 990. Form 990, Part X, Line 24 Unsecured loans include the Organizations share of a tax exempt bond issue on behalf of Presbyterian Villages of Michigan. Form 990, Part XI, Line 9 Other changes include a year end equity transfer from Presbyterian Villages of Michigan to this Organization in the amount of 120,848. Presbyterian Villages of Michigan 26200 Lahser Rd Suite 300 Southfield MI 48033 381387145 real estate development and management services MI 501c3 Line 10 N/A false Presbyterian Villages of Michigan Foundation 26200 Lahser Rd Suite 300 Southfield MI 48033 202559884 supporting foundation MI 501c3 Line 12A Presbyterian Villages of Michigan false Presbyterian Village Redford 25330 W Six Mile Rd Redford MI 48240 383098398 retirement community MI 501c3 Line 10 Presbyterian Villages of Michigan false Presbyterian Village East 33875 Kiely Rd Chesterfield MI 48047 383098399 retirement community MI 501c3 Line 10 Presbyterian Villages of Michigan false Presbyterian Village North 420 S Opdyke Rd Pontiac MI 48341 382204058 senior services MI 501c3 Line 10 Presbyterian Villages of Michigan false Harbor Inn 33875 Keily Rd Chesterfield MI 48047 842483072 retirement community MI 501c3 Line 10 Presbyterian Villages of Michigan false Presbyterian Village Westland 32001 Cherry Hill Rd Westland MI 48186 382302090 retirement community MI 501c3 Line 10 Presbyterian Villages of Michigan false false false false false true false false false false false false false true false false true false false false Presbyterian Villages of Michigan e 4542213 loan balance Presbyterian Villages of Michigan m 90706 direct payment Presbyterian Villages of Michigan p 2224451 direct payment