2024-05-15T08:57:01-05:00 2023-06-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-07-01 351866553 SOUTHFIELD VILLAGE INC % LYNDA OLINSKI SOUT 5742311000 6450 MIAMI CIRCLE SOUTH BEND IN 46614 LYNDA OLINSKI CFO 5742311000 2024-05-15 true LYNDA OLINSKI 999009999 Lauren R Denton P01571860 2604604000 3 2022 2023-04-26 12:10:37Z LYNDA OLINSKI 1721 GREENCROFT BLVD GOSHEN IN 46526 10572922 false X WWW.SOUTHFIELDVILLAGE.ORG X 1991 IN SOUTHFIELD VILLAGE PROVIDES ACTIVE, AFFORDABLE RETIREMENT LIVING WITH SUPPORTIVE SERVICES, ASSISTED LIVING AND SKILLED NURSING CARE. CONTINUED ON SCHEDULE O. 7 7 143 18 0 0 174503 0 9724780 10485053 31401 877 44926 83985 9975610 10569915 10250 12600 0 0 3431613 4116096 0 0 0 6889557 7406337 10331420 11535033 -355810 -965118 16596243 15947167 16643649 16956691 -47406 -1009524 SOUTHFIELD VILLAGE CREATES A DYNAMIC LIVING COMMUNITY THAT EMBRACES THE CREATIVITY, CONTRIBUTIONS AND CHALLENGES OF AGING FOR ALL, GROUNDED IN SERVICE EXCELLENCE, COMPASSIONATE CARE AND CHRIST-LIKE VALUES. false false 9635701 10485053 SOUTHFIELD VILLAGE (SV) IS A NON-PROFIT COMMUNITY BENEFIT CORPORATION THAT PROVIDES CONTINUING CARE RETIREMENT COMMUNITY (CCRC) SERVICES TO 110 RESIDENTS ON A 19-ACRE CAMPUS. SV PROVIDES CCRC SERVICES INCLUDING ASSISTED LIVING AND SKILLED NURSING CARE. INDEPENDENT LIVING RESIDENTS PAY A LIFE-LEASE ENTRY FEE TO OCCUPY THE RESIDENCE AND PAY A MONTHLY SERVICE FEE FOR SERVICES RENDERED. ASSISTED LIVING AND SKILLED NURSING RESIDENTS PAY A MONTHLY OR DAILY FEE FOR SERVICES RENDERED. THEY ALSO HAVE SOME A LA CARTE FEES FOR INCIDENTALS AND SUPPLIES. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS MAY BE ELIGIBLE FOR SUPPORT FROM SOUTHFIELD VILLAGE IF THEIR ASSETS RUN OUT. OVER 26% OF TOTAL REVENUES WERE USED TO PROVIDE COMMUNITY BENEFITS, WHICH INCLUDES THE FOLLOWING AMOUNT: INDIGENT CARE/CHARITY CARE - $1,587,924. 9635701 true false false false false false false false false false true false false true true false false true false false false false false false false false false true false true true false false false false false false false false false false false false false false false true true true false false true 45 0 true 143 true false false false false false false false false false false false false X 7 7 false true false false true true true true true false false true true true true true true true true false IN X LYNDA OLINSKI 5742311000 1721 GREENCROFT BLVD GOSHEN IN 46527 SCOTT MARTIN TREASURER 1.0 44.0 X 0 169330 42396 RYDELL BONTRAGER SECRETARY 1.0 44.0 X 0 144621 57871 AIMEE RIEMKE ASSISTANT SECRETARY 0.2 44.8 X 0 136740 54949 JOSEPH DORAN PRESIDENT 39.0 1.0 X 0 155851 20187 CLAUDIA KANDOJE CERTIFIED NURSING ASSISTANT 40.0 0.0 X 150750 0 19545 DOLORES BRITTON DIRECTOR OF NURSING 40.0 0.0 X 108966 0 41273 TERRI TATE REGISTERED NURSE 40.0 0.0 X 101789 0 15242 ERIC HERSHBERGER ASSISTANT TREASURER 1.0 44.0 X 0 80215 701 JAMES DOUGLAS BOARD MEMBER (LEFT 01/2023) 1.0 0.0 X 0 0 0 DEB CHILDS BOARD MEMBER 1.0 0.0 X 0 0 0 PAUL CROWLEY BOARD MEMBER 1.0 0.0 X 0 0 0 ELIZABETH LINDENMAN STAMM BOARD MEMBER 1.0 0.0 X 0 0 0 GAIL MANCINI BOARD MEMBER 1.0 0.0 X 0 0 0 SUZANNE MORGAN BOARD CHAIR 1.0 0.0 X X 0 0 0 JACKIE RUCKER BOARD MEMBER 1.0 0.0 X 0 0 0 ROBERT SHREINER BOARD MEMBER 1.0 0.0 X 0 0 0 JIM WELLING CHAIR (LEFT 12/2022) 1.0 0.0 X X 0 0 0 361505 686757 252164 3 false true false SCHROCK HOMES INC 2523 MESSICK DR S GOSHEN IN 46526 CONSTRUCTION SERVICE 613855 EXCELLENT NURSING SERVICES 500 N NAPPANEE ST SUTIE 110 ELKHART IN 46514 AGENCY STAFFING 570911 HTS IN II INC 1500 AMERICAN WAY SUITE 110 GREENWOOD IN 46143 THERAPY SERVICES 442657 INTEGRITY NURSING AGENCY 1017 HERMITAGE DR SOUTH BEND IN 46614 AGENCY STAFFING 422924 TC STAFFING INC 4335 PACKARD AVE ST CLOUD FL 34772 AGENCY STAFFING 343225 8 0 RESIDENT SERVICES 623000 9728651 9728651 MANAGEMENT FEE 623000 756402 756402 10485053 3884 0 3884 0 0 0 0 0 3007 -3007 -3007 -3007 0 0 0 0 0 0 0 0 0 BEAUTY/BARBERSHOP 900099 28893 28893 MAINTENANCE INCOME 900099 36425 36425 TELEPHONE INCOME 722514 6395 6395 12272 12272 83985 10569915 10569038 0 877 X 12600 12600 0 0 0 0 0 3276597 3086238 190359 0 115678 108957 6721 483088 455022 28066 240733 226748 13985 1583243 756402 826841 6845 6845 33823 33823 0 0 0 2612956 2423517 189439 63385 63385 210007 139784 70223 0 0 478144 358608 119536 2367 1775 592 0 0 669319 669319 0 641054 480790 160264 77493 77493 DIETARY 317616 317616 REPAIRS & MAINTENANCE 204607 204607 MEDICAL SUPPLIES 268036 268036 EQUIPMENT 74431 74431 163011 51251 111760 11535033 9635701 1899332 0 1200 1180 1968684 994348 0 0 775605 817618 0 0 0 0 0 0 0 39462 2750 14524 23300747 10770593 12297022 12530154 0 0 0 0 0 0 0 0 1550982 1549881 16596243 15947167 490786 489830 0 0 912958 931827 13387715 13216793 0 0 0 0 0 0 0 0 1852190 2318241 16643649 16956691 X -55388 -1016405 7982 6881 -47406 -1009524 16596243 15947167 X -965118 3000 X X false true X true false X 3470 9104 931204 174503 0 1118281 5336014 6814558 9103615 9769706 10569038 41592931 0 0 0 5339484 6823662 10034819 9944209 10569038 42711212 0 1160326 310958 20528 104200 5283112 6879124 1160326 310958 20528 104200 5283112 6879124 35832088 479 387 167 3884 4917 0 479 387 167 3884 4917 0 0 5339484 6824141 10035206 9944376 10572922 42716129 0.83884 0.92380 0.00012 0.00000 X 1197353 1197353 19074601 8716156 10358445 807662 382498 425164 2185289 1645413 539876 35842 26526 9316 12530154 BENEFICIAL INTEREST IN FDN. 149881 CERTIFICATES OF NEED 200000 BOND PROJECT FUND 1200000 1549881 0 ACCRUED INTEREST PAYABLE 87266 LIFE LEASE NOTES PAYABLE 2097246 DUE TO AFFILIATES 133729 2318241 X ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. true GREENCROFT COMMUNITIES FOUNDATION INC PO BOX 819 GOSHEN IN 46527 237126990 501(c)(3) 12600 N/A N/A SUPPORT 1 PART I, LINE 2: CONTRIBUTIONS MADE ARE UNRESTRICTED AND CAN BE USED IN ANY WAY THE DONEE ORGANIZATION SEES FIT TO FURTHER ITS TAX-EXEMPT PURPOSE. false false false false false false false false false SCOTT MARTIN TREASURER 157710 11224 396 10786 31610 211726 RYDELL BONTRAGER SECRETARY 136203 8280 138 14729 43142 202492 AIMEE RIEMKE ASSISTANT SECRETARY 125626 10976 138 20242 34707 191689 JOSEPH DORAN PRESIDENT 145027 10428 396 19301 886 176038 CLAUDIA KANDOJE CERTIFIED NURSING ASSISTANT 150750 6090 13455 170295 DOLORES BRITTON DIRECTOR OF NURSING 108888 78 12354 28919 150239 SCHEDULE J, PART I THIS ENTITY RELIED ON A RELATED ORGANIZATION THAT USED THE FOLLOWING METHODS TO ESTABLISH COMPENSATION FOR THE PRESIDENT/CEO: 1. COMPENSATION SURVEY OR STUDY 2. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE A INDIANA FINANCE AUTHORITY 351602316 45506DKU8 2013-12-27 13521148 INDIANA FINANCE AUTHORITY false false false B INDIANA FINANCE AUTHORITY 351602316 45506EEE9 2021-11-30 1224546 INDIANA FINANCE AUTHORITY false false false A 1618590 0 13521148 0 0 0 270422 0 0 0 13250726 0 true false true true B 0 0 1224546 0 0 0 24546 0 0 0 0 1200000 true false false true A false false true true false 0 false false false true B false false true true false 0 false false false true A false false false true false false 0 false 0 false false B false true false false false false 0 false 0 false false A true B true SCHEDULE K, PART IV, ARBITRAGE, LINE 2C (A) ISSUER NAME: INDIANA FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/14/2019 SCHEDULE K, PART I THE 2013A BONDS WERE ISSUED FOR THE BENEFIT OF GREENCROFT GOSHEN, INC., ("GOSHEN") AND SOUTHFIELD VILLAGE, INC. ("SOUTHFIELD"). 30.89% OF THE PROCEEDS OF THE 2013A BONDS IS ALLOCABLE TO SOUTHFIELD AND THE AMOUNTS IN PARTS I AND II REFLECT SUCH ALLOCATION. THE PORTION OF THE 2013A BONDS ALLOCABLE TO GOSHEN IS BEING REPORTED ON SCHEDULE K TO GOSHEN'S FORM 990. THE 2021A BONDS WERE ISSUED FOR THE BENEFIT OF GOSHEN, SOUTHFIELD AND HAVEN HUBBARD HOMES, INC. D/B/A HAMILTON GROVE ("HAMILTON"). 3.30% OF THE PROCEEDS OF THE 2021A BONDS IS ALLOCABLE TO SOUTHFIELD AND THE AMOUNTS IN PARTS I AND II REFLECT SUCH ALLOCATION. THE PORTION OF THE 2021A BONDS ALLOCABLE TO GOSHEN AND HAMILTON ARE BEING REPORTED ON SCHEDULES K TO GOSHEN AND HAMILTON'S FORMS 990. THE SOUTHFIELD PORTION OF THE SERIES 2021A BONDS WILL BE USED TO FINANCE CERTAIN CAPITAL PROJECTS OF SOUTHFIELD. SCHEDULE K, PART I, LINE A (F) DESCRIPTION OF PURPOSE: THE SOUTHFIELD PORTION OF THE 2013A BONDS WAS USED TO REFUND THE CITY OF SOUTH BEND, INDIANA ECONOMIC DEVELOPMENT REVENUE BONDS, SERIES 1999A (SOUTHFIELD VILLAGE PROJECT) ISSUED ON MAY 14, 1999. SCHEDULE K, PART III, LINE 3A THE ORGANIZATION HAS ENTERED INTO CERTAIN MANAGEMENT CONTRACT(S) WHICH DO NOT CONSTITUTE PRIVATE BUSINESS USE. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: CHARITY CARE FOR FYE JUNE 30, 2023 AMOUNTED TO $1,587,924. FORM 990, PART VI, SECTION A, LINE 3: SOUTHFIELD VILLAGE'S (SV) PHILOSOPHY IS TO COMPENSATE TEAM MEMBERS IN A FAIR MANNER FOR THE WORTH OF WORK PROVIDED WITHIN THE CURRENT MARKET VALUE RANGE FOR EACH POSITION IN THE ORGANIZATION. SV CONDUCTS PERIODIC REVIEW OF THE MARKET TO DEVELOP AVERAGE WAGES FOR POSITIONS WITHIN SOUTHFIELD VILLAGE SOUTHFIELD VILLAGE STARTS TEAM MEMBERS THAT MEET THE MINIMUM REQUIREMENTS FOR THE POSITION AT/OR NEAR THE STARTING WAGE. WE MAKE ADJUSTMENTS TO THE STARTING WAGE BASED ON YEARS OF EXPERIENCE IN THAT SPECIFIC POSITION. OUR COMPENSATION PHILOSOPHY FOR TEAM MEMBERS OF OUR ORGANIZATION IS BASED ON VARIOUS TIERS. THE FIRST TIER IS GENERAL TEAM MEMBERS. WE HAVE HIRED AN OUTSIDE CONSULTANT TO DEVELOP A COMPENSATION SYSTEM FOR ALL OF SOUTHFIELD VILLAGE'S POSITIONS. THE CONSULTANTS DEVELOPED A SYSTEM WITH WAGE SCALES THAT USE THE MARKETPLACE AVERAGE FOR KEY POSITIONS AS THE STARTING POINT FOR THE SCALES. THE WAGES SCALES HAVE A MINIMUM, A 25TH PERCENTILE, A 50TH PERCENTILE (AVERAGE) A 75TH PERCENTILE AND A MAXIMUM. WE STRIVE TO KEEP OUR AVERAGE FOR POSITIONS AT THE MID-POINT OF A RANGE DEVELOPED BY OUR CONSULTANTS. PERIODICALLY WE HIRE A CONSULTANT TO UPDATE THE MARKETPLACE AVERAGE FOR SEVERAL KEY POSITIONS. THE CONSULTANT WILL USE AREA MARKETPLACE DATA, LEADINGAGE DATA, AND OTHER INDUSTRY DATA TO DEVELOP THE AVERAGE. OUR COMPENSATION PHILOSOPHY FOR MANAGEMENT AND EXECUTIVE TEAM MEMBERS (DIRECTORS AND VICE PRESIDENT) OF OUR ORGANIATION IS SLIGHTLY DIFFERENT. THE SECOND TIER IS MANAGEMENT TEAM MEMBERS. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR TEAM MEMBERS. HOWEVER, OUR POLICY STATES THAT DIRECTORS ARE LIKE OTHER TEAM MEMBERS AND CAN EARN UP TO THE 100TH PERCENTILE OF THE RANGE FOR THEIR POSITION. OUR THIRD TIER IS VICE PRESIDENT TEAM MEMBERS. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR TEAM MEMBERS. THE RANGE USES THE MEDIAN AS THE MID-POINT NOT THE AVERAGE. GENERALLY THE MEDIAN IS BELOW THE AVERAGE. THE OVERALL COMPENSATION POLICY AND THE VP COMPENSATION POLICY ARE APPROVED BY THE GREENCROFT COMMUNITIES (GC) BOARD OF DIRECTORS. THE SOUTHFIELD VILLAGE (SV) BOARD REVIEWS THE COMPENSATION POLICIES. ANNUALLY THE GC BOARD AND THE SV BOARD REVIEW THE COMPENSATION OF THE EXECUTIVE TEAM. THEY COMPARE CURRENT WAGES WITH NATIONAL DATA PROVIDED BY LEADINGAGE. THE BOARDS REVIEW THE CURRENT WAGE, THE PERCENTILE RANKING OF THE EMPLOYEE IN HIS/HER RESPECTIVE RANGE AND THE MEDIAN OF THE MARKETPLACE COMPARED TO THE MID-POINT OF THE EMPLOYEE'S RANGE. THE BOARDS DOCUMENT THESE MEETINGS AND ACTIONS TAKEN IN THEIR BOARD MINUTES. THE SV BOARD HAS REVIEWED THE BASE WAGE AND THE VARIABLE PAY FOR THE PRESIDENT OF SOUTHFIELD VILLAGE. IN THE FISCAL YEAR 2023 (IRS 990 YEAR 2022) THIS POSITION WAS AT THE 77TH PERCENTILE OF THE RANGE FOR THIS POSITION IN BASE COMPENSATION AND THE 87TH PERCENTILE IN BASE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 6: SOUTHFIELD VILLAGE'S (SV) PHILOSOPHY IS TO COMPENSATE TEAM MEMBERS IN A FAIR MANNER FOR THE WORTH OF WORK PROVIDED WITHIN THE CURRENT MARKET VALUE RANGE FOR EACH POSITION IN THE ORGANIZATION. SV CONDUCTS PERIODIC REVIEW OF THE MARKET TO DEVELOP AVERAGE WAGES FOR POSITIONS WITHIN SOUTHFIELD VILLAGE SOUTHFIELD VILLAGE STARTS TEAM MEMBERS THAT MEET THE MINIMUM REQUIREMENTS FOR THE POSITION AT/OR NEAR THE STARTING WAGE. WE MAKE ADJUSTMENTS TO THE STARTING WAGE BASED ON YEARS OF EXPERIENCE IN THAT SPECIFIC POSITION. OUR COMPENSATION PHILOSOPHY FOR TEAM MEMBERS OF OUR ORGANIZATION IS BASED ON VARIOUS TIERS. THE FIRST TIER IS GENERAL TEAM MEMBERS. WE HAVE HIRED AN OUTSIDE CONSULTANT TO DEVELOP A COMPENSATION SYSTEM FOR ALL OF SOUTHFIELD VILLAGE'S POSITIONS. THE CONSULTANTS DEVELOPED A SYSTEM WITH WAGE SCALES THAT USE THE MARKETPLACE AVERAGE FOR KEY POSITIONS AS THE STARTING POINT FOR THE SCALES. THE WAGES SCALES HAVE A MINIMUM, A 25TH PERCENTILE, A 50TH PERCENTILE (AVERAGE) A 75TH PERCENTILE AND A MAXIMUM. WE STRIVE TO KEEP OUR AVERAGE FOR POSITIONS AT THE MID-POINT OF A RANGE DEVELOPED BY OUR CONSULTANTS. PERIODICALLY WE HIRE A CONSULTANT TO UPDATE THE MARKETPLACE AVERAGE FOR SEVERAL KEY POSITIONS. THE CONSULTANT WILL USE AREA MARKETPLACE DATA, LEADINGAGE DATA, AND OTHER INDUSTRY DATA TO DEVELOP THE AVERAGE. OUR COMPENSATION PHILOSOPHY FOR MANAGEMENT AND EXECUTIVE TEAM MEMBERS (DIRECTORS AND VICE PRESIDENT) OF OUR ORGANIZATION IS SLIGHTLY DIFFERENT. THE SECOND TIER IS MANAGEMENT TEAM MEMBERS. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR TEAM MEMBERS. HOWEVER, OUR POLICY STATES THAT DIRECTORS ARE LIKE OTHER TEAM MEMBERS AND CAN EARN UP TO THE 100TH PERCENTILE OF THE RANGE FOR THEIR POSITION. OUR THIRD TIER IS VICE PRESIDENT TEAM MEMBERS. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR TEAM MEMBERS. THE RANGE USES THE MEDIAN AS THE MID-POINT NOT THE AVERAGE. GENERALLY THE MEDIAN IS BELOW THE AVERAGE. THE OVERALL COMPENSATION POLICY AND THE VP COMPENSATION POLICY ARE APPROVED BY THE GREENCROFT COMMUNITIES (GC) BOARD OF DIRECTORS. THE SOUTHFIELD VILLAGE (SV) BOARD REVIEWS THE COMPENSATION POLICIES. ANNUALLY THE GC BOARD AND THE SV BOARD REVIEW THE COMPENSATION OF THE EXECUTIVE TEAM. THEY COMPARE CURRENT WAGES WITH NATIONAL DATA PROVIDED BY LEADINGAGE. THE BOARDS REVIEW THE CURRENT WAGE, THE PERCENTILE RANKING OF THE EMPLOYEE IN HIS/HER RESPECTIVE RANGE AND THE MEDIAN OF THE MARKETPLACE COMPARED TO THE MID-POINT OF THE EMPLOYEE'S RANGE. THE BOARDS DOCUMENT THESE MEETINGS AND ACTIONS TAKEN IN THEIR BOARD MINUTES. THE SV BOARD HAS REVIEWED THE BASE WAGE AND THE VARIABLE PAY FOR THE PRESIDENT OF SOUTHFIELD VILLAGE. IN THE FISCAL YEAR 2023 (IRS 990 YEAR 2022) THIS POSITION WAS AT THE 77TH PERCENTILE OF THE RANGE FOR THIS POSITION IN BASE COMPENSATION AND THE 87TH PERCENTILE IN BASE COMPENSATION. FORM 990, PART VI, SECTION A, LINE 7A: SEE NARRATIVE FOR PART VI, SECTION A, LINE 6 FORM 990, PART VI, SECTION A, LINE 7B: SEE NARRATIVE FOR PART VI, SECTION A, LINE 6 FORM 990, PART VI, SECTION B, LINE 11B: A FINAL DRAFT OF THE FULL FORM 990, INCLUDING ALL APPLICABLE SCHEDULES, IS PRESENTED BY OUR TAX ADVISORS TO THE ORGANIZATION'S AUDIT COMMITTEE AT A REGULARLY SCHEDULED MEETING. A COPY OF THE FINAL DRAFT IS THEN PROVIDED TO EACH BOARD MEMBER PRIOR TO ITS FILING. THIS ALLOWS THE BOARD OF DIRECTORS AND MANAGEMENT TO REVIEW AND PROVIDE COMMENTS AND EXPLANATIONS REGARDING THE FORM. FORM 990, PART VI, SECTION B, LINE 12C: BOARD MEMBERS AND OFFICERS ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THEY MAY HAVE WITH THE ORGANIZATION. THE TREASURER REVIEWS EACH POLICY STATEMENT SIGNED BY THESE INDIVIDUALS TO DETERMINE IF ANY CONFLICTS HAVE OCCURRED AND NEED TO BE BROUGHT TO THE ATTENTION OF THE BOARD. IF CONFLICT ARISES, THE RESPECTIVE BOARD MEMBER WILL ABSTAIN HIM/HERSELF FROM ANY RELATED DISCUSSION, VOTE OR SIMILAR ACTION ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15: SOUTHFIELD VILLAGE'S (SV) PHILOSOPHY IS TO COMPENSATE TEAM MEMBERS IN A FAIR MANNER FOR THE WORTH OF WORK PROVIDED WITHIN THE CURRENT MARKET VALUE RANGE FOR EACH POSITION IN THE ORGANIZATION. SV CONDUCTS PERIODIC REVIEW OF THE MARKET TO DEVELOP AVERAGE WAGES FOR POSITIONS WITHIN SOUTHFIELD VILLAGE SOUTHFIELD VILLAGE STARTS TEAM MEMBERS THAT MEET THE MINIMUM REQUIREMENTS FOR THE POSITION AT/OR NEAR THE STARTING WAGE. WE MAKE ADJUSTMENTS TO THE STARTING WAGE BASED ON YEARS OF EXPERIENCE IN THAT SPECIFIC POSITION. OUR COMPENSATION PHILOSOPHY FOR TEAM MEMBERS OF OUR ORGANIZATION IS BASED ON VARIOUS TIERS. THE FIRST TIER IS GENERAL TEAM MEMBERS. WE HAVE HIRED AN OUTSIDE CONSULTANT TO DEVELOP A COMPENSATION SYSTEM FOR ALL OF SOUTHFIELD VILLAGE'S POSITIONS. THE CONSULTANTS DEVELOPED A SYSTEM WITH WAGE SCALES THAT USE THE MARKETPLACE AVERAGE FOR KEY POSITIONS AS THE STARTING POINT FOR THE SCALES. THE WAGES SCALES HAVE A MINIMUM, A 25TH PERCENTILE, A 50TH PERCENTILE (AVERAGE) A 75TH PERCENTILE AND A MAXIMUM. WE STRIVE TO KEEP OUR AVERAGE FOR POSITIONS AT THE MID-POINT OF A RANGE DEVELOPED BY OUR CONSULTANTS. PERIODICALLY WE HIRE A CONSULTANT TO UPDATE THE MARKETPLACE AVERAGE FOR SEVERAL KEY POSITIONS. THE CONSULTANT WILL USE AREA MARKETPLACE DATA, LEADINGAGE DATA, AND OTHER INDUSTRY DATA TO DEVELOP THE AVERAGE. OUR COMPENSATION PHILOSOPHY FOR MANAGEMENT AND EXECUTIVE TEAM MEMBERS (DIRECTORS AND VICE PRESIDENT) OF OUR ORGANIZATION IS SLIGHTLY DIFFERENT. THE SECOND TIER IS MANAGEMENT TEAM MEMBERS. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR TEAM MEMBERS. HOWEVER, OUR POLICY STATES THAT DIRECTORS ARE LIKE OTHER TEAM MEMBERS AND CAN EARN UP TO THE 100TH PERCENTILE OF THE RANGE FOR THEIR POSITION. OUR THIRD TIER IS VICE PRESIDENT TEAM MEMBERS. THE WAGE SCALE SYSTEM IS THE SAME FOR OUR TEAM MEMBERS. THE RANGE USES THE MEDIAN AS THE MID-POINT NOT THE AVERAGE. GENERALLY THE MEDIAN IS BELOW THE AVERAGE. THE OVERALL COMPENSATION POLICY AND THE VP COMPENSATION POLICY ARE APPROVED BY THE GREENCROFT COMMUNITIES (GC) BOARD OF DIRECTORS. THE SOUTHFIELD VILLAGE (SV) BOARD REVIEWS THE COMPENSATION POLICIES. ANNUALLY THE GC BOARD AND THE SV BOARD REVIEW THE COMPENSATION OF THE EXECUTIVE TEAM. THEY COMPARE CURRENT WAGES WITH NATIONAL DATA PROVIDED BY LEADINGAGE (FORMERLY THE AMERICAN ASSOCIATION OF HOMES AND SERVICES FOR THE AGING - AAHSA). THE BOARDS REVIEW THE CURRENT WAGE, THE PERCENTILE RANKING OF THE EMPLOYEE IN HIS/HER RESPECTIVE RANGE AND THE MEDIAN OF THE MARKETPLACE COMPARED TO THE MID-POINT OF THE EMPLOYEE'S RANGE. THE BOARDS DOCUMENT THESE MEETINGS AND ACTIONS TAKEN IN THEIR BOARD MINUTES. THE SV BOARD HAS REVIEWED THE BASE WAGE AND THE VARIABLE PAY FOR THE PRESIDENT OF SOUTHFIELD VILLAGE. IN THE FISCAL YEAR 2023 THIS POSITION WAS AT THE 77TH PERCENTILE OF THE RANGE FOR THIS POSITION IN BASE COMPENSATION, THE 87TH PERCENTILE IN BASE COMPENSATION AND THE 57TH PERCENTILE IN VARIABLE PAY. THIS PROCESS WAS LAST PERFORMED IN FISCAL YEAR 2023. FORM 990, PART VI, SECTION C, LINE 19: GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED DISCLOSURES PURSUANT TO INTERNAL REVENUE CODE (IRC) SECTION 6104. THESE DOCUMENTS ARE NOT AVAILABLE TO THE PUBLIC AT THIS TIME. FORM 990, PART XI, LINE 9: TRANSFER FROM AFFILIATES: 4,101 CHANGE IN VALUE IN INTEREST IN FOUNDATION: (1,101) TOTAL: 3,000 FORM 990, PART XII, LINE 2C: THE AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990 PART IX LINE 11G DESCRIPTION:REGISTERED NURSE TOTAL FEES:236057 FORM 990 PART IX LINE 11G DESCRIPTION:LICENSED NURSE PRACTITIONER TOTAL FEES:229831 FORM 990 PART IX LINE 11G DESCRIPTION:CERTIFIED NURSING ASSISTANT TOTAL FEES:928926 FORM 990 PART IX LINE 11G DESCRIPTION:PHYSICAL THERAPY TOTAL FEES:240721 FORM 990 PART IX LINE 11G DESCRIPTION:OCCUPATIONAL THERAPY TOTAL FEES:157233 FORM 990 PART IX LINE 11G DESCRIPTION:LAB SERVICES TOTAL FEES:7401 FORM 990 PART IX LINE 11G DESCRIPTION:SPEECH THERAPY TOTAL FEES:44186 FORM 990 PART IX LINE 11G DESCRIPTION:X-RAY TOTAL FEES:4245 FORM 990 PART IX LINE 11G DESCRIPTION:PHARMACY TOTAL FEES:10910 FORM 990 PART IX LINE 11G DESCRIPTION:QUALIFIED MEDICAL AIDE TOTAL FEES:86063 FORM 990 PART IX LINE 11G DESCRIPTION:OUTSIDE SERVICES TOTAL FEES:474169 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER FEES TOTAL FEES:193214 GREENCROFT CENTRAL MANOR INC PO BOX 819 GOSHEN IN 46527 356047318 HOUSING IN 501(C)(3) LINE 10 GRC false GREENCROFT COMMUNITIES FOUNDATION INC PO BOX 819 GOSHEN IN 46527 237126990 FUNDRAISING IN 501(C)(3) LINE 7 GRC false GREENCROFT GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 HEALTHCARE IN 501(C)(3) LINE 10 GRC false GREENCROFT HOME HEALTH SERVICES INC PO BOX 819 GOSHEN IN 46527 351606010 HOME HEALTH IN 501(C)(3) LINE 10 GRC false GREENCROFT MANOR II INC PO BOX 819 GOSHEN IN 46527 351377430 HOUSING IN 501(C)(3) LINE 10 GRC false GREENCROFT MANOR III INC PO BOX 819 GOSHEN IN 46527 351431475 HOUSING IN 501(C)(3) LINE 10 GRC false GREENCROFT MIDDLEBURY INC PO BOX 819 GOSHEN IN 46527 300036865 HOUSING IN 501(C)(3) LINE 10 GRC false GREENCROFT RETIREMENT COMMUNITIES INC PO BOX 819 GOSHEN IN 46527 300036587 MANAGEMENT IN 501(C)(3) LINE 12C NA false HAVEN HUBBARD HOMES INC 31869 CHICAGO TRAIL NEW CARLISLE IN 46522 350870110 HEALTHCARE IN 501(C)(3) LINE 10 GRC false OAK GROVE CHRISTIAN RETIREMENT VILLAGE 221 WEST DIVISION ROAD DEMOTTE IN 46310 351986767 HEALTHCARE IN 501(C)(3) LINE 10 GRC false WALNUT HILLS RETIREMENT COMMUNITIES INC PO BOX 129 WALNUT CREEK OH 44687 351317338 HEALTHCARE IN 501(C)(3) LINE 10 GRC false EDGEWATER PLACE INC 11351 LAFAYETTE PLAIN CITY ROAD PLAIN CITY IN 43064 823596152 HEALTHCARE IN 501(C)(3) LINE 10 GRC false CHICAGO TRAIL VILLAGE INC 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 310990629 HOUSING IN 501(C)(3) 10 HHH false GREENCROFT MANAGEMENT INC PO BOX 819 GOSHEN IN 46527 270259652 MANAGEMENT IN NA C CORP 0 0 0.00000 false false true true false false false false false false false false false true true true true false true false PART IV, IDENTIFICATION OF RELATED ORGANIZATIONS TAXABLE AS CORP OR TRUST: NAME OF RELATED ORGANIZATION: GREENCROFT MANAGEMENT, INC. DIRECT CONTROLLING ENTITY: GREENCROFT RETIREMENT COMMUNITIES, INC.