2023-11-12T09:36:52-00:00 2022-12-31 990 2022-01-01 383098398 Presbyterian Village Redford PRES 26200 Lahser Rd APT 300 Southfield MI 48033 Susan Hurst Board Chair 2023-11-07 false Susan Hurst 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z The Village of Redford Susan Hurst 26200 Lahser Rd Suite 300 Southfield MI 48033 3319 false X pvm.org X 1946 MI A non-profit faith-based organization holding remaining assets and debt of the former Village of Redford. 8 8 0 7 0 0 0 27 3319 0 27 3319 0 0 0 0 0 156387 158168 156387 158168 -156360 -154849 268404 267827 2697215 2639399 -2428811 -2371572 A non-profit faith-based organization holding remaining assets and debt of the former Village of Redford. false false 3319 A non-profit faith-based continuing care retirement community that holds remaining assets and liabilities of the former VIllage of Redford. true false false false false false false false false false false false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 true 0 true false false false false false false false false false false false false false X 8 8 false true false false true true true true true false false true false false false false false false MI X X Presbyterian VIllages of Michigan 2482812020 26200 Lahser Rd Suite 300 Southfield MI 48033 X Reva Wujcik Secretary 001.00 001.00 X X 0 0 0 Susan Hurst Chair 001.00 001.00 X X 0 0 0 Mary Dobson resident rep 001.00 001.00 X 0 0 0 Kathryn Telck Vice Chair 001.00 001.00 X X 0 0 0 Shree Marshall trustee 001.00 X 0 0 0 Carolyn Lambreth resident rep 001.00 001.00 X 0 0 0 Paul Bousquette trustee 001.00 001.00 X 0 0 0 Dorothy Thompson trustee 001.00 001.00 X 0 0 0 false false false 3319 3319 3319 3319 0 0 0 0 0 0 0 0 0 0 0 390 390 0 0 0 0 223 223 0 0 0 4426 4426 0 0 0 149928 149928 0 0 1788 1788 trustee fee 1413 1413 0 158168 0 158168 0 X 637 -56 220826 224027 46941 43856 268404 267827 18023 17664 2679192 2621735 2697215 2639399 X -2428811 -2371572 -2428811 -2371572 268404 267827 X -154849 212088 X X false X true X true false X 203976 203198 204000 611174 74919 74919 278895 203198 204000 686093 686093 4372 5572 1074 27 3319 14364 0 4372 5572 1074 27 3319 14364 0 0 283267 208770 205074 27 3319 700457 0.97950 0.93730 0.02050 0.01360 X false Financial derivatives and other financial products Closely-held equity interests Bond issuance costs 43856 Due from PVM 43856 Federal income taxes Resident funds Bank loan 360187 356868 356868 3319 3319 515036 356868 356868 158168 158168 XI 2d Interest income from a related entity was not received. XI 2d Interest income from related entity was deemed uncollectible and charged off as bad debt expense 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 false false false false 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 C, Line 19 The Organization has not yet established a process for publicly disclosing its governing documents or conflict of interest policy. Such items are available upon request. Annual audits and Form 990 are available at www.PVM.org Form 990, Part X, Line 20 A tax exempt bond issue was completed in 2005 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 and the corporate office. The entire 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 XII, Line 2b The Organizations financials are audited as part of the Presbyterian Villagesof Michigan Obligated Group and published in that document. A separtae audit is not published for this Organization. Form 990, Part XI, Line 9 An equity trnsfer of 212,088 was made from Presbyterian Villages of Michigan to Presbyterian Village of Redford at year end 2022. Presbyterian Villages of Michigan 26200 Lahser Rd Suite 300 Southfield MI 48033 381387145 property management services MI 501c3 10 Presbyterian Villages of Michigan false Presbyterian Village East 33875 Kiely Dr Chesterfield MI 48047 383098399 retirement community MI 501c3 10 Presbyterian Villages of Michigan false Presbyterian Village Westland 32001 Cherry Hill Rd Westland MI 48186 382302090 retirement community MI 501c3 10 Presbyterian Villages of Michigan false Presbyterian Village North 420 S Opdyke Rd Pontiac MI 48341 382204058 senior services MI 501c3 10 Presbyterian Villages of Michigan false Presbyterian Villages of Michigan Foundation 26200 Lahser Rd Suite 300 Southfield MI 48033 202559884 foundation MI 501c3 10 Presbyterian Villages of Michigan false PVM EJNP Real Estate Co 26200 Lahser Rd Suite 300 Southfield MI 48033 274315615 property management MI 501c3 10 Presbyterian Villages of Michigan false Harbor Inn 26200 Lahser Rd Suite 300 Southfield MI 48033 842483072 retirement community MI 501c3 10 Presbyterian Villages of Michigan false Harry & Jeanette Weinberg Green Houses 250 McDougall St Detroit MI 48207 371748152 senior housing MI 501c3 10 Presbyterian Villages of Michigan false Redford Manor LDHA LP 25340 W Six Mile Rd Redford MI 48240 364531303 senior housing MI N/A false false Redford Cottages LDHA LP 25340 W Six Mile Rd Redford MI 48240 462927154 senior housing MI N/A false false false false false false true false false false false false false false false false false false false false false Presbyterian Villages of Mi e 2621735 loan balance Presbyterian Villages of Michigan p