2025-10-03T09:17:44-00:00 2024-12-31 990 2024-01-01 842483072 Harbor Inn HARB 25200 Telegraph Rd STE 400 Southfield MI 48033 Andrew Adair Board Chair 2025-09-11 false 2024 2025-03-06 01:10:19Z Harbor Inn Andrew Adair 25200 Telegraph Rd Suite 400 Southfield MI 48033 2947176 false X www.PVM.org X 2018 MI Operation of housing for senior adults 13 13 2 20 0 1466 0 2148819 2865821 26640 28954 52401 2176925 2947176 0 0 414202 283250 0 0 3342370 3173945 3756572 3457195 -1579647 -510019 27044195 25928118 27736519 27130461 -692324 -1202343 Operation of housing for senior adults false false 3057762 2976131 Operation of housing for senior adults 3057762 true false false false false false false false false false true false false true true true 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 false false false true X 0 0 true 2 true false false false false false false false false false false false false X 13 13 true true false false true true true true true false false true false false false true false false MI X X Presbyterian Villages of Michigan 2482812020 25200 Telegraph Rd Suite 400 Southfield MI 48033 David Miller Executive Director 040.00 X 0 224026 0 Donald Tolliver Executive Director 040.00 X 0 39803 0 Andrew Adair Chair 001.00 X X 0 0 0 Kathryn Bartz Secretary 001.00 X X 0 0 0 Melinda Conway Callahan trustee 001.00 X 0 0 0 Gary Gendernalik trustee 001.00 X 0 0 0 John Graybill trustee 001.00 X 0 0 0 Briana Jacob trustee 001.00 X 0 0 0 Ricardo Lara Jr Vice chair 001.00 X X 0 0 0 Jeffrey Pike trustee 001.00 X 0 0 0 John Peterson trustee 001.00 X 0 0 0 Farrah Randayal Howard trustee 001.00 X 0 0 0 Elaine Walton trustee 001.00 X 0 0 0 Janet Lickman trustee 001.00 X 0 0 0 Monnencia Riley Treasurer 001.00 X X 0 0 0 263829 1 false true false Resident payments for services 623000 2865821 2865821 2865821 28954 28954 52401 52402 52401 2947176 2947177 0 0 0 0 0 0 247995 133441 114554 0 16325 8784 7541 18930 10051 8879 174372 174372 0 6501 6501 0 0 0 17404 17404 1117 339 778 55284 55284 0 363617 362789 828 0 0 0 1195783 1193059 2724 0 1167879 1165218 2661 105556 105316 240 supplies 61361 61361 25071 25071 3457195 3057762 399433 0 X 9670 29470 -11458 -11252 26955889 3403651 24717454 23552238 2328529 2357662 27044195 25928118 275017 331281 7949 7258 27453553 26791922 27736519 27130461 X -692324 -1202343 -692324 -1202343 27044195 25928118 -510019 X X false X true X true false X 1466 1466 253423 947306 2148819 2918223 6267771 253423 947306 2150285 2918223 6269237 6269237 6290 26640 28954 61884 0 6290 26640 28954 61884 0 0 253423 953596 2176925 2947177 6331121 0.99020 0.00980 X false 900000 900000 20409590 2331710 18077880 3838803 696133 3142670 1807496 375808 1431688 23552238 Financial derivatives and other financial products Closely-held equity interests Project Fund Debt Service Reserve 423318 Interest Fund 28927 Bond payment fund 13687 Fair value of interest rate swap 1089098 Debt issuance costs 510283 Due from Presbyterian Villages of Michigan 292349 2357662 Federal income taxes Provision for interest swap agreement Loans due to PVM 26791922 26791922 2947177 2947177 2947177 3457195 3457195 3457195 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 David Miller Executive Director 197467 100 411 1119 24928 224025 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 2 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 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 2020 in order to refinance certain commercial loans and to provide new money for a variety of capital projects, including the construction of Harbor Inn. The entire bond issue was done in the name of Presbyterian Villages of Michigan for the benefit of the Obligated Group. Funds were loaned to these entities and are reported as unsecured debt on their Form 990. Form 990, Part X, Line 25 Unsecured loans include the Organizations share of a tax-exempt bond issue on behalf of Presbyterian Villages of Michigan. Form 990, Part XII, Line 2b The financials of the Organization are audited as part of the Presbyterian Villages of Michigan Obligated Group and published in that document. A separate audit is not published for this Organization. Presbyterian Villages of Michigan 25200 Telegraph Rd Suite 400 Southfield MI 48033 381387145 property management MI 3 10 N/A false Presbyterian Village East 33875 Kiely Dr Chesterfield MI 48047 383098399 retirement community MI 3 10 Presbyterian Villages of Michigan false Presbyterian Villages of Michigan Foundation 25200 Telegraph Rd Suite 400 Southfield MI 48033 202559884 foundation MI 3 Presbyterian VIllages of Michigan false Presyterian Village Redford 25200 Telegraph Rd Suite 400 Southfield MI 48033 383098398 retirement community MI 3 10 Presbyterian Villages of Michigan false Presbyterian Village Westland 32001 Cherry Hill Rd Westland MI 48186 382302090 retirement community MI 3 10 Presbyterian Villages of Michigan false Presbyterian Village North 420 S Opdyke Rd Pontiact MI 48341 382204058 retirement community MI 3 10 Presbyterian Villages of Michigan false Harry & Jeanette Weinberg Green Houses at Rivertown Neighborhood 25200 Telegraph Rd Suite 400 Southfield MI 48033 371748152 retirement community MI 3 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 p 3074637 Presbyterian Villages of Michigan e 26791922 Presbyterian Villages of Michigan m 158051