2025-05-15T15:35:57+00:00 2024-06-30 440160260 Forvis Mazars LLP 111 E Wayne Street Suite 600 Fort Wayne IN 46802 990 2023-07-01 300036587 GREENCROFT RETIREMENT COMMUNITIES INC GREE 5745374000 PO BOX 819 GOSHEN IN 46527 LYNDA OLINSKI CFO 5745374000 2025-05-15 true true Lauren Denton P01571860 2604604000 2025-05-15 2023 2025-03-06 01:10:19Z LYNDA OLINSKI 1721 GREENCROFT BLVD GOSHEN IN 46527 8331372 false X WWW.GREENCROFT.ORG X 2002 IN TO PROVIDE MANAGEMENT & SUPPORT SERVICES TO RELATED NON-FOR-PROFIT ORGANIZATIONS THAT PROVIDE AFFORDABLE HOUSING, QUALITY CARE, AND CHARITY CARE FOR OLDER ADULTS. 9 9 51 9 0 0 3125 0 7072304 7342633 47123 92982 5078 12623 7127630 7448238 13235 20550 0 0 5841411 6304785 0 0 0 1625882 1829998 7480528 8155333 -352898 -707095 14149896 14688229 6237935 7520729 7911961 7167500 GREENCROFT COMMUNITIES CREATES DYNAMIC LIVING COMMUNITIES THAT EMBRACE THE CREATIVITY, CONTRIBUTIONS AND CHALLENGES OF AGING FOR ALL, GROUNDED IN SERVICE EXCELLENCE, COMPASSIONATE CARE AND MENNONITE VALUES. false false 6734204 20550 7355256 SEE SCHEDULE O 6734204 true 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 false false true false false false false false false false false false false false false false true true true false false true 101 0 true 51 true false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true true false IN X LYNDA OLINSKI 5745374000 1721 GREENCROFT BLVD GOSHEN IN 46527 BYRON SHETLER CHAIR 1.0 1.0 X X 0 0 0 JULIE CROSSLEY VICE CHAIR 1.0 1.0 X X 0 0 0 AMY FLORIA BOARD MEMBER 1.0 1.0 X 0 0 0 DIANE WOODWORTH BOARD MEMBER 1.0 1.0 X 0 0 0 JIM EVANS BOARD MEMBER 1.0 1.0 X 0 0 0 JIM RIDENOUR BOARD MEMBER 1.0 1.0 X 0 0 0 JONATHAN GEISER BOARD MEMBER 1.0 1.0 X 0 0 0 STEVE GARBODEN BOARD MEMBER 1.0 1.0 X 0 0 0 WES HERSCHBERGER BOARD MEMBER 1.0 1.0 X 0 0 0 AIMEE RIEMKE ASSISTANT SECRETARY 31.0 14.0 X 150389 0 57140 CALLIE SELNER HARTUNG ASSISTANT TREASURER 33.0 12.0 X 51456 0 7108 ERIC HERSHBERGER ASSISTANT TREASURER 31.0 14.0 X 93940 0 5828 HUGH DAVIS BEGAN 224 PRESIDENT 45.0 0.0 X 0 0 0 LYNDA OLINSKI TREASURER 41.0 4.0 X 272072 0 75454 MARK KING LEFT 224 FORMER PRESIDENT 45.0 0.0 X 459965 0 57661 RYDELL BONTRAGER SECRETARY 31.0 14.0 X 154584 0 71138 SCOTT MARTIN LEFT 0723 FORMER TREASURER 31.0 14.0 X 115313 0 26734 CHANDRA STRADLING VICE PRESIDENT 40.0 0.0 X 296075 0 50855 CHERRY SMITH DIRECTOR OF CLINICAL SERVICES 40.0 0.0 X 147897 0 10267 JINNY LONGBRAKE VP HUMAN RESOURCES 40.0 0.0 X 210036 0 80548 LINDA O'NEILL ADMIN - GREENCROFT GOSHEN 40.0 0.0 X 219080 0 54502 STEVEN SCHAAF ADMIN - GOLDEN YEARS HOMESTEAD 40.0 0.0 X 180624 0 69529 2351431 0 566764 14 false true false DJ Construction Company Inc 3414 Elkhart Road Goshen IN 46526 CONSTRUCTION 4533761 ROSEWOOD STAFFING INC PO Box 577 West Bend WI 530950577 AGENCY STAFFING 2362340 R Yoder Construction Inc 27453 CR 150 PO Box 69 Nappanee IN 46550 CONSTRUCTION 1457067 HTS IN II Inc 1500 American Way Suite 110 Greenwood IN 46143 THERAPY SERVICES 1127272 Networks Connect Healthcare Staffing 7930 Castleway Drive Indianapolis IN 46250 AGENCY STAFFING 1022030 19 0 MGMT/AFFILIATE SUPPORT 561000 7342633 7342633 0 0 0 0 7342633 105097 105097 0 0 870108 911 883134 -13026 911 -12115 -12115 GUEST ROOM INCOME 900099 9550 9550 MISCELLANEOUS 900099 3073 3073 0 0 0 0 12623 7448238 7355256 0 92982 20550 20550 1943441 1579344 364097 3136976 2549275 587701 227152 184596 42556 649707 527987 121720 347509 282404 65105 74135 74135 35323 35323 456124 456124 0 0 218184 218184 100736 100736 114132 114132 121084 121084 101718 101718 29756 29756 10000 10000 163928 163928 51807 51807 PROF. DEVELOPMENT 117374 117374 FACILITY MANAGEMENT 25000 25000 DUES & SUBSCRIPTIONS 9520 9520 REPAIRS & MAINTENANCE 13156 13156 188021 188021 0 0 8155333 6734204 1421129 0 200 200 5720202 4065692 206066 339752 0 0 869 688 148616 116884 2241387 1510688 754070 730699 0 0 7319873 9434314 14149896 14688229 3488058 3008888 0 2749877 4511841 6237935 7520729 X 7911961 7167500 7911961 7167500 14149896 14688229 X -707095 52578 -89944 X false true X true false X X 13 GREENCROFT GOSHEN INC 351270709 9 true 0 0 GREENCROFT CENTRAL MANOR INC 356047318 9 true 0 0 GREENCROFT MANOR II INC 351377430 9 true 0 0 GREENCROFT MANOR III INC 351431475 9 true 0 0 GREENCROFT HOME HEALTH SERVICES INC 351606010 9 true 0 0 GREENCROFT COMMUNITIES FOUNDATION 237126990 7 true 0 0 GREENCROFT MIDDLEBURY INC 300036865 9 true 0 0 SOUTHFIELD VILLAGE INC 351866553 9 true 0 0 HAVEN HUBBARD HOMES INC 350870110 9 true 0 0 CHICAGO TRAIL VILLAGE INC 310990629 9 true 0 0 OAK GROVE CHRISTIAN RETIREMENT VILLAGE 351986767 9 true 0 0 WALNUT HILLS RETIREMENT COMMUNITIES 351317338 9 true 0 0 EDGEWATER PLACE INC 823596152 9 true 0 0 13 0 0 true false false false false false false false false false false false false false false true true true X true true Schedule A, Part I, Line 11 THE ORGANIZATION PROVIDES CORPORATE AND MANAGEMENT SERVICES TO ALL SUPPORTED ORGANIZATIONS. Schedule A, Part IV, Section D, Line 3 Supp. Org. Have Significant Voice In Investment Policies THE SUPPORTED ORGANIZATIONS HAVE REPRESENTATION, OR THE OPPORTUNITY THERETO, ON THE AUDIT/INVESTMENT COMMITTEE THAT REVIEWS INVESTMENT POLICIES AND AUDIT PLANNING/RESULTS FOR ALL AFFILIATED ENTITIES. SEVERAL TIMES A YEAR, THE PRESIDENTS OF EACH OF THE SUPPORTED ORGANIZATIONS MEET JOINTLY WITH THE PRESIDENT AND VICE-PRESIDENT, AND OTHER SENIOR MANAGEMENT, OF GREENCROFT RETIREMENT COMMUNITIES (GRC) TO REVIEW OPERATIONS. ALSO, EITHER THE PRESIDENT OR VICE-PRESIDENT OF GRC ARE PRESENT AT ALL OF THE BOARD MEETINGS OF THE SUPPORTED ORGANIZATIONS. Schedule A, Part IV, Section E, Line 3a Power To Appoint/Elect Majority of Officer/Director/Trustee EACH OF THESE ENTITIES HAVE ONE MEMBER, GREENCROFT RETIREMENT COMMUNITIES, INC. (GRC), THAT IS ALSO A RELATED TAX-EXEMPT ORGANIZATION. THE RESERVED POWERS OF THE SOLE MEMBER ARE AS FOLLOWS: 1. APPROVAL TO ANY CHANGES IN CORPORATE MISSION, WHICH MAY BE PROPOSED BY THE ORGANIZATION, BUT WHICH SHALL BECOME EFFECTIVE ONLY UPON APPROVAL OF GRC 2. APPROVAL OF NOMINATED CANDIDATES TO SERVE AS DIRECTOR OF THE ORGANIZATION 3. THE CREATION OR DISCONTINUATION OF PROGRAMS OR SERVICES OFFERED BY THE ORGANIZATION 4. AMENDMENTS TO THE BYLAWS AND ARTICLES OF INCORPORATION 5. APPROVAL OR THE ADOPTION OF THE ANNUAL BUDGET 6. APPROVAL OF NON-BUDGETED CONTRACTS AND/OR NON-BUDGETED PURCHASES OF OVER $50,000 7. THE INCURRENCE OF INDEBTEDNESS OF OVER $500,000 8. THE SALE OF REAL ESTATE 9. THE DONATION OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS 10. ANY MERGER OR CONSOLIDATION WITH ANY OTHER ORGANIZATION, OR THE PARTIAL OR TOTAL DISSOLUTION OF THE ORGANIZATION 11. THE CREATION OF SUBSIDIARY CORPORATIONS, LLCS, PARTNERSHIPS, OR OTHER ENTERPRISES 12. THE ACQUISITION OF CONTROLLING INTERESTS IN ANOTHER ENTITY 13. THE APPOINTMENT OF THE PRESIDENT/CEO, CFO, SECRETARY, AND TREASURER OF THE CORPORATION (BUT NOT THE OFFICERS OF THE BOARD OF DIRECTORS) 14. THE REMOVAL OF THE CHAIR OF THE BOARD OF DIRECTORS, WITH OR WITHOUT CAUSE 15. THE REMOVAL OF MEMBERS OF THE BOARD OF DIRECTORS, WITH OR WITHOUT CAUSE NOTWITHSTANDING THESE RESERVED POWERS, THE MEMBER HAS NO FINANCIAL OBLIGATIONS OR RESPONSIBILITIES FOR ANY ACTIONS OF THE ORGANIZATION BY REASON OF SERVING AS A MEMBER. Schedule A, Part IV, Section E, Line 3b Substantial Direction Over Policies/Programs/Activities SEE NARRATIVE FOR SCHEDULE A, PART IV, SECTION E, LINE 3A. 383032 383032 9662 9337 325 1848693 1501351 347342 730699 ACCRUED INTEREST RECEIVABLE 525 DFA - EDGEWATER PLACE 2340956 DFA - GREENCROFT CENTRAL MANOR 78961 DFA - GREENCROFT MANOR III 6476 DFA - GREENCROFT MIDDLEBURY 2216336 DFA - HAMILTON GROVE 3470517 DFA - OAK GROVE CHRISTIAN 123353 DFA - SOUTHFIELD VILLAGE 619472 DFA - WALNUT HILLS RETIREMENT 548073 DFA - GREENCROFT GOSHEN 29645 9434314 DEFERRED COMPENSATION LIABILITY 96570 DTA - GREENCROFT MANOR II 1979339 DTA - GREENCROFT MANAGEMENT 51973 DTA - GREENCROFT FOUNDATION 148483 DTA - GREENCROFT GOSHEN 1418410 DTA - OTHER 817066 4511841 Schedule D, Part X, Line 2 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. X X false true false false false false false true false MARK KING LEFT 224 FORMER PRESIDENT 434043 0 21577 0 4345 0 27852 0 29809 0 517626 0 0 0 LYNDA OLINSKI TREASURER 242835 0 28979 0 258 0 60837 0 14617 0 347526 0 0 0 RYDELL BONTRAGER SECRETARY 146148 0 8298 0 138 0 23305 0 47833 0 225722 0 0 0 AIMEE RIEMKE ASSISTANT SECRETARY 139082 0 11169 0 138 0 25640 0 31500 0 207529 0 0 0 CHANDRA STRADLING VICE PRESIDENT 263931 0 31712 0 432 0 50423 0 432 0 346930 0 0 0 STEVEN SCHAAF ADMIN - GOLDEN YEARS HOMESTEAD 152788 0 27698 0 138 0 45054 0 24475 0 250153 0 0 0 LINDA O'NEILL ADMIN - GREENCROFT GOSHEN 189496 0 29355 0 229 0 39885 0 14617 0 273582 0 0 0 JINNY LONGBRAKE VP HUMAN RESOURCES 184845 0 24429 0 762 0 47334 0 33214 0 290584 0 0 0 CHERRY SMITH DIRECTOR OF CLINICAL SERVICES 140081 0 6286 0 1530 0 8503 0 1764 0 158164 0 0 0 Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan MARK KING - $0 JINNY LONGBRAKE - $0 2000 SERP: EFFECTIVE JANUARY 1, 2000, THE BOARD OF DIRECTORS OF GREENCROFT GOSHEN ESTABLISHED A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN UNDER SECTION 457(F) ((AN UNQUALIFIED PLAN)) TO PROVIDE ITS EXECUTIVE GROUP OF EMPLOYEES WITH CERTAIN RETIREMENT BENEFITS. THE EXECUTIVE MUST HAVE BEEN EMPLOYED UNTIL AGE 62 TO RECEIVE THE BENEFIT. THIS PLAN ENDED. THE PLAN WAS RESTATED IN 2005 TO A QUALIFIED PLAN. NO PAYMENTS WERE MADE TO LISTED PERSONS IN CALENDAR YEAR 2024. PARTICIPANTS OF THE RESTATED 2005 PLAN (UNDER SECTION 457(B)) FOR FISCAL YEAR 2024 ARE JINNY LONGBRAKE, MARK KING AND LYNDA OLINSKI. Schedule J, Part I, Line 7 Non-fixed payments A COMPLETE DESCRIPTION OF THE ORGANIZATION'S COMPENSATION PHILOSOPHY AND METHODOLOGY FOR ESTABLISHING COMPENSATION IS PROVIDED ON SCHEDULE O UNDER THE HEADING "FORM 990, PART VI. SECTION B, LINE 15." Form 990, Part III, Line 4a GREENCROFT RETIREMENT COMMUNITIES, INC (GRC) IS THE SPONSOR OF THIRTEEN NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITIES (CCRC) AND HUD FACILITIES. GRC PROVIDES THEM WITH SUPPORT AND SERVICES, AND GIVES 2,200 ELDERLY RESIDENTS OF ALL ECONOMIC LEVELS AN ENVIRONMENT THAT EMBRACES THEIR CREATIVITY AND CONTRIBUTIONS, AS WELL AS THE CHALLENGES OF AGING. AT LEAST 30 PERCENT OF RESIDENTS HAVE INCOME BELOW THE FEDERAL POVERTY LINE. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS ARE ELIGIBLE FOR SUPPORT FROM THE GREENCROFT COMMUNITIES FOUNDATION (ANOTHER RELATED ORGANIZATION) IF THEIR ASSETS RUN OUT. FOR THE ORGANIZATION, AS A WHOLE, OVER 9% OF TOTAL REVENUES WERE USED TO PROVIDE COMMUNITY BENEFITS, WHICH INCLUDES INDIGENT/CHARITY CARE. Form 990, Part VI, Line 15 Greencroft Communities' (GC) and all related affiliate organization's 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. GC will conduct periodic review of the market to develop average wages for positions within Greencroft Communities. Greencroft Communities and its affiliates will start team members that meet the minimum requirements for the position at/or near the starting wage. Team members with experience in a job are hired higher up in the wage scale. A hiring grid is used for up to eleven years of experience. Our compensation philosophy for team members of our organization is based on the various tiers. The first tier is general team members. We have hired an outside consultant to develop a compensation system for all of Greencroft Communities' 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 wage scales have a minimum, a 25th percentile, a 50th percentile (average) a 75th percentile and a maximum. We strive to keep the average pay in the marketplace for positions at the mid-point of our pay range for a position 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, Vice Presidents and above) of our organization is slightly different. The second tier is Management team members and vice presidents. The wage scale system is the same for our team members. However, our policy states that the management positions can earn up to the 100th percentile of the range for their position based on market conditions and experience. Our third tier is Senior Vice Presidents and CEO team members. The Board has also designed a qualified deferred compensation program for this tier of employee. Annually the board sets aside up to 5% of these team members' wages in this program. Annually the Board reviews the salary and wage comparisons for each executive team members member. The overall compensation policy, the VPs compensation policies and the CEO compensation policy are approved by the Greencroft Communities (GC) Board of Directors. The various affiliates in the GC structure review the compensation policies. Annually the GC Board and its affiliate Boards review the compensation of their respective Executive Teams. They compare base wages and variable pay plan 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 GC Board has reviewed the base wage and the variable pay for the President and CEO of Greencroft Communities for fiscal year 2024. Form 990, Part VI, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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 A 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, Line 19 Required documents available to the public 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 Other changes in net assets or fund balances TRANSFER TO AFFILIATES - -89944; GREENCROFT CENTRAL MANOR INC PO BOX 819 GOSHEN IN 46527 356047318 HOUSING IN 501(c)(3) 10 GRC true GREENCROFT COMMUNITIES FOUNDATION INC PO BOX 819 GOSHEN IN 46527 237126990 FUNDRAISING IN 501(c)(3) 7 GRC true GREENCROFT GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 HEALTHCARE IN 501(c)(3) 10 GRC true GREENCROFT HOME HEALTH SERVICES INC PO BOX 819 GOSHEN IN 46527 351606010 HOME HEALTH IN 501(c)(3) 10 GRC true GREENCROFT MANOR II INC PO BOX 819 GOSHEN IN 46527 351377430 HOUSING IN 501(c)(3) 10 GRC true GREENCROFT MANOR III INC PO BOX 819 GOSHEN IN 46527 351431475 HOUSING IN 501(c)(3) 10 GRC true GREENCROFT MIDDLEBURY INC PO BOX 819 GOSHEN IN 46527 300036865 HOUSING IN 501(c)(3) 10 GRC true CHICAGO TRAIL VILLAGE INC 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 310990629 HOUSING IN 501(c)(3) 10 HHH true HAVEN HUBBARD HOMES INC 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 350870110 HEALTHCARE IN 501(c)(3) 10 GRC true OAK GROVE CHRISTIAN RETIREMENT VILLAGE 221 WEST DIVISION ROAD DEMOTTE IN 46310 351986767 HEALTHCARE IN 501(c)(3) 10 GRC true SOUTHFIELD VILLAGE INC 6450 MIAMI CIRCLE SOUTH BEND IN 46614 351866553 HEALTHCARE IN 501(c)(3) 10 GRC true WALNUT HILLS RETIREMENT COMMUNITIES INC PO BOX 129 WALNUT CREEK OH 44687 351317338 HEALTHCARE IN 501(c)(3) 10 GRC true EDGEWATER PLACE INC 11351 LAFAYETTE PLAIN CITY ROAD PLAIN CITY IN 43064 823596152 HEALTHCARE IN 501(c)(3) 10 GRC true GREENCROFT MANAGEMENT INC PO BOX 819 GOSHEN IN 46527 270259652 MGMT SERVICES IN GRC C Corporation -3622 51941 1 true false true false true true false false false false false false true true true true false true true false GREENCROFT MIDDLEBURY INC L 66250 ACTUAL COST HAVEN HUBBARD HOMES INC L 102782 ACTUAL COST OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC L 519064 ACTUAL COST SOUTHFIELD VILLAGE INC L 582078 ACTUAL COST WALNUT HILLS RETIREMENT COMMUNITIES INC D 500000 CASH VALUE WALNUT HILLS RETIREMENT COMMUNITIES INC L 135500 ACTUAL COST EDGWATER PLACE INC L 230307 ACTUAL COST GREENCROFT CENTRAL MANOR L 48643 ACTUAL COST WALNUT HILLS RETIREMENT COMMUNITIES INC R 89944 ACTUAL COST EDGEWATER PLACE INC D 1940000 CASH VALUE GREENCROFT GOSHEN INC L 3543822 ACTUAL COST GREENCROFT MANOR II INC E 2000000 CASH VALUE GREENCROFT MANOR II INC L 110553 ACTUAL COST GREENCROFT MANOR III INC L 72718 ACTUAL COST GREENCROFT MIDDLEBURY INC D 1750000 CASH VALUE GREENCROFT MANAGEMENT INC L 55924 ACTUAL COST GREENCROFT GOSHEN INC Q 165142 ACTUAL COST Schedule R, Part IV NAME OF RELATED ORGANIZATION: GREENCROFT MANAGEMENT, INC. DIRECT CONTROLLING ENTITY: GREENCROFT RETIREMENT COMMUNITIES, INC.