2024-07-31T15:20:45-05:00 2023-12-31 COHNREZNICK LLP 1 SOUTH WACKER DRIVE SUITE 3550 CHICAGO IL 60606 990 2023-01-01 364126791 GREENCASTLE OF BIENTERRA C/O EMBRACE LIVING COMMUNITIES % EMBRACE LIVING COMMUNITIES GREE 6305218701 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 ANNE OLIVA EVP & CFO 6305218701 2024-07-30 true true KAREN A SCHAEFER P00545171 3125085900 2024-07-20 2023 2024-08-08 14:25:15Z ANNE OLIVA 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 683212 false X WWW.EMBRACELIVING.ORG X 1996 IL TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING. 3 2 0 15 0 0 0 669519 674103 281 442 9115 8667 678915 683212 0 0 0 0 300724 302211 0 0 0 465328 476549 766052 778760 -87137 -95548 2164584 2048667 65275 44906 2099309 2003761 X TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE, WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING. false false 702105 683212 TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE, WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING. 702105 true false false false false false false false false false true false false true true false true 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 2 0 0 true false false false false false false false false false X 3 2 false false false false false false false true true false false true true true true true true false false false X X X EMBRACE LIVING COMMUNITIES 6305218701 1900 SPRING ROAD SUITE 300 OAK BROOK IL 605231480 RALPH GAINES Chief Executive Officer 0.2 39.8 X 0 357625 48906 ANNE M OLIVA EXECUTIVE VP & CFO 0.0 40.0 X 0 209490 20088 JOHN DIEHL SENIOR ADVISOR 0.0 40.0 X 0 134487 29262 JENNIFER TRUPPA DIRECTOR OF SOCIAL SERVICES 0.0 40.0 X 0 114791 40412 DAWN ZENKNER CONTROLLER 0.2 39.8 X 0 108003 40055 EDWARD HAVLOVIC DIRECTOR OF PLANT OPERATIONS 0.0 40.0 X 0 109898 27919 GARY ADAMS DIRECTOR OF OPERATION 0.2 39.8 X 0 104132 27575 REV JESSE KNOX DIRECTOR 0.2 0.0 X 0 0 0 NATHAN BRIGGS DIRECTOR 0.2 0.0 X 0 0 0 0 1138426 234217 0 false true false 0 0 LOW INCOME HOUSING 531110 674103 674103 674103 442 442 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAUNDRY AND VENDING 531110 7244 7244 TENANT CHARGES 531110 75 75 MISCELLANEOUS 531110 1348 1348 8667 683212 683212 0 0 0 0 0 0 217704 217704 0 64908 64908 19599 19599 58764 58764 0 11499 11499 0 0 0 0 290 290 19061 19061 10857 4491 6366 0 54028 54028 0 0 7420 7420 0 0 126471 126471 27029 27029 MISC. EXPENSES 8844 8844 REPAIRS & MAINTENANCE 138297 138297 OTHER RENTING EXPENSE 1336 1336 BAD DEBT 47 47 12606 12580 26 778760 702105 76655 0 X 10429 4071 0 0 0 0 1853 335 0 0 0 0 0 0 0 0 11413 15398 4423563 2699602 1820283 1723961 0 0 0 0 0 0 0 0 320606 304902 2164584 2048667 40677 19475 0 0 0 0 0 0 0 0 0 0 0 0 0 0 24598 25431 65275 44906 X -2007621 -2103169 4106930 4106930 2099309 2003761 2164584 2048667 -95548 X false true X false true true X 0 0 0 0 0 0 620493 647471 664713 669519 674103 3276299 0 0 0 620493 647471 664713 669519 674103 3276299 0 0 0 3276299 250 172 147 281 442 1292 0 250 172 147 281 442 1292 0 9963 8228 17455 9115 8667 53428 630706 655871 682315 678915 683212 3331019 0.98357 0.98179 0.00039 0.00033 X 175982 175982 3985214 2519389 1465826 75233 68717 6516 187134 111497 75637 1723961 REPLACEMENT RESERVE 250753 RESIDUAL RECEIPTS RESERVE 15029 TENANT DEPOSITS HELD IN TRUST 19859 ESCROW DEPOSITS 19261 304902 0 ACCRUED PAYROLL 6061 SECURITY DEPOSIT - TENANT 19341 RERSIDUAL RECEIPTS DUE TO HUD 29 25431 683212 683212 683212 778760 778760 778760 false false false false false false false false false ANNE M OLIVA EXECUTIVE VP & CFO 209490 20088 229578 JOHN DIEHL SENIOR ADVISOR 134487 29262 163749 RALPH GAINES Chief Executive Officer 357625 48906 406531 JENNIFER TRUPPA DIRECTOR OF SOCIAL SERVICES 114791 40412 155203 FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ITS SUBMISSION, FORM 990 IS REVIEWED AND APPROVED BY THE CONTROLLER AND EXECUTIVE VICE PRESIDENT & CFO. IT IS THEN PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C THE CORPORATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. TO ENSURE COMPLIANCE WITH THIS , THE CORPORATION REQUIRES THE FOLLOWING: 1. ON AN ANNUAL BASIS, ALL MEMBERS OF THE BOARD OF DIRECTORS, THE CEO, MEMBERS OF SENIOR MANAGEMENT, AND EMPLOYEES WITH PURCHASING AND/OR HIRING RESPONSIBILITIES OR AUTHORITY SHALL INFORM, IN WRITING, THE CEO AND THE CHAIR OF THE FINANCE/AUDIT COMMITTEE, OF ALL REPORTABLE CONFLICTS. 2. PRIOR TO THE PREPARATION OF THE DISCLOSURE STATEMENTS, THE FINANCE DEPARTMENT SHALL DISTRIBUTE A LIST OF ALL VENDORS WITH WHOM THE ORGANIZATION HAS TRANSACTED BUSINESS AT ANY TIME DURING THE PRECEDING YEAR, ALONG WITH A COPY OF THE DISCLOSURE STATEMENT. 3. THE CEO SHALL REVIEW ALL FORMS COMPLETED BY EMPLOYEES, AND THE FINANCE/AUDIT COMMITTEE SHALL REVIEW ALL FORMS COMPLETED BY DIRECTORS AND THE CEO, AND DETERMINE APPROPRIATE RESOLUTION IN ACCORDANCE WITH THE NEXT SECTION OF THIS POLICY. 4. IF A CONFLICT ARISES DURING THE YEAR, THE EMPLOYEE OR BOARD MEMBER WILL IMMEDIATELY NOTIFY THE CEO WHO WILL DETERMINE APPROPRIATE RESOLUTION. ALL REAL OR APPARENT CONFLICTS OF INTEREST SHALL BE DISCLOSED TO THE FINANCE/AUDIT COMMITTEE AND THE CEO OF THE ORGANIZATION. 5. THE FINANCE/AUDIT COMMITTEE SHALL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS INVOLVING DIRECTORS, THE CEO AND OTHER MEMBERS OF SENIOR MANAGEMENT. 6. THE CHAIR OF THE COMMITTEE SHALL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS INVOLVING FINANCE/AUDIT COMMITTEE MEMBERS. 7. THE CHAIR OF THE BOARD SHALL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF THE CONFLICTS INVOLVING THE CHAIR OF THE FINANCE/AUDIT COMMITTEE. 8. THE CEO SHALL BE RESPONSIBLE FOR MAKING ALL DECISIONS CONCERNING RESOLUTIONS OF CONFLICTS INVOLVING EMPLOYEES BELOW THE SENIOR MANAGEMENT LEVEL, SUBJECT TO THE APPROVAL OF THE FINANCE/AUDIT COMMITTEE. AN EMPLOYEE OR DIRECTOR MAY APPEAL THE DECISION THAT A CONFLICT, OR APPERANCE OF CONFLICT, EXISTS AS FOLLOWS: *AN APPEAL MUST BE DIRECTED TO THE CHAIR OF THE BOARD. *APPEALS MUST BE MADE WITHIN 30 DAYS OF THE INITIAL DETERMINATION. *RESOLTUION OF THE APPEAL SHALL BE MADE BY VOTE OF THE FULL BOARD OF DIRECTORS. *BOARD MEMBERS WHO ARE THE SUBJECT OF THE APPEAL, OR WHO HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE SUBJECT OF THE APPEAL, SHALL ABSTAIN FROM PARTICIPATING IN, DISCUSSING, OR VOTING ON THE RESOLUTION, UNLESS THEIR DISCUSSION IS REQUESTED BY THE REMAINING MEMBERS OF THE BOARD. FAILURE TO COMPLY WITH THE STANDARDS CONTAINED IN THIS POLICY WILL RESULT IN DISCIPLINARY ACTION THAT MAY INCLUDE TERMINATION, REFERRAL FOR CRIMINAL PROSECTUION, AND REIMBURSMENT TO THE ORGANIZATION OR TO THE GOVERNMENT FOR ANY LOSS OR DAMAGE RESULTING FROM THE VIOLATION. AS WITH ALL MATTERS INVOLVING DISCIPLINARY ACTION, PRINCIPLES OF FAIRNESS WILL APPLY. ANY EMPLOYEE CHARGED WITH A VIOLATION OF THIS POLICY WILL BE AFFORDED AN OPPORTUNITY TO EXPLAIN HIS/HER ACTIONS BEFORE DISCIPLINARY ACTION IS TAKEN. EMPLOYEE CHARGED WITH A VIOLATION OF THIS POLICY WILL BE AFFORDED AN OPPORTUNITY TO EXPLAIN HIS/HER ACTIONS BEFORE DISCIPLINARY ACTION IS TAKEN. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS OF THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE GOVERNING DOCUMENTS AND THE FINANCIAL STATEMENTS OF THE ORGANIZATION ALSO CAN BE FOUND ON THE INTERNET IN WEBSITES FOR NOT-FOR-PROFIT ORGANIZATIONS LIKE WWW.GUIDESTAR.COM. FORM 990, PART I, LINE 5 EMPLOYEES ALL EMPLOYEES ARE CO-EMPLOYED BY A PEO (PROFESSIONAL EMPLOYMENT ORGANIZATION), SYNERGY PEO LLC AND EMBRACE LIVING COMMUNITIES. ALL FORMS, INCLUDING W-2'S AND REPORTS, ARE ISSUED UNDER THE EIN OF SYNERGY PEO LLC 76-0721382. THE REPORTING ORGANIZATION REIMBURSES EMBRACE LIVING COMMUNITIES FOR ALL EMPLOYEE COMPENSATION EXPENSES. MANAGEMENT EMBRACE LIVING COMMUNITIES, A NOT-FOR-PROFIT CORPORATION, IS THE MANAGING AGENT AND RECEIVES MANAGEMENT FEES AS A PERCENTAGE OF THE GROSS RENTS, INCLUDING RENTAL SUBSIDIES AND OTHER INCOME UNDER TERMS OF A MANAGEMENT AGREEMENT APPROVED BY HUD. THE MANAGING AGENT IS RESPONSIBLE FOR THE DAY TO DAY ACTIVITIES OF THE ORGANIZATION SUCH AS MAINTAINING THE BUILDING, RESIDENT SUPPORT, HIRING AND SUPERVISING THE EMPLOYEES. IT ALSO PROVIDES ALL THE NECESSARY BOOKKEEPING AND ACCOUNTING SERVICES AND SUBMITS ALL THE REQUIRED FINANCIAL REPORTS. ALL DECISIONS AND REPORTS ARE PRESENTED AND DISCUSSED WITH THE BOARD OF DIRECTORS AND APPROVED BY THE BOARD OF DIRECTORS. APOSTLES VILLAGE 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 422100763 AFFDBLE HSING FL 501(c)(3) 509(a) na false BAYONET POINT AREA HOUSING INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363696590 AFFDBLE HSING FL 501(c)(3) 509(a) na false EMBRACE LIVING CHARITIES 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 362166970 FUNDRAISING IL 501(C)(3) 509(A) NA false BETHEL AREA HOUSING SOUTH INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363973915 AFFDBLE HSING IL 501(C)(3) 509(A) NA false BETHEL AREA HOUSING INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363696581 AFFDBLE HSING IL 501(C)(3) 509(9) NA false ELMHURST AREA HOUSING INCORPORATED 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363246979 AFFDBLE HSING IL 501(C)(3) 509(A) NA false ENGLEWOOD ARE HOUSING INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363696607 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GLENVIEW ELDERLY HOUSING INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363569408 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GREENCASTLE OF BARRINGTON 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363267264 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GREENCASTLE OF GARFIELD INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363631071 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GREENCASTLE OF PALATINE INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363895200 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GREENCASTLE OF WOODLAWN INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363724265 AFFDBLE HSING IL 501(C)(3) 509(A) NA false KENWOOD AREA HOUSING INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363696608 AFFDBLE HSING IL 501(C)(3) 509(A) NA false EMBRACE LIVING DEVELOPMENT 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363729609 PROPERTY MGMT IL 501(C)(3) 509(A) NA false EMBRACE LIVING COMMUNITIES 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363487477 PROPERTY MGMT IL 501(C)(3) 509(A) NA false LIFELINK HOUSING CORPORATION 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 362915770 AFFDBLE HSING IL 501(C)(3) 509(A) NA false MEMORIAL DRIVE COMMUNITY INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 452652514 AFFDBLE HSING IL 501(C)(3) 509(A) NA false MORGAN PARK AND BEVERLY AREA HOUSING IN 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363359653 AFFDBLE HSING IL 501(C)(3) 509(A) NA false MORGAN PARK AND BEVERLY HANDICAPPED 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363515819 AFFDBLE HSING IL 501(C)(3) 509(A) NA false NORTH ORCHARD PLACE INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363244216 AFFDBLE HSING IL 501(C)(3) 509(A) NA false SARASOTA AREA HOUSING INC 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363696610 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GREENCASTLE OF NORTH AURORA 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 371421479 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GREENCASTLE OF STERLING 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 364209258 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GREENCASTLE OF ALLERTON 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 271954463 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GREENCASTLE OF LOVES PARK 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 364352754 AFFDBLE HSING IL 501(C)(3) 509(A) NA false GREENCASTLE OF MULFORD 1900 SPRING ROAD STE 300 OAK BROOK IL 60523 363038261 AFRDBLE HSING IL 501(C)(3) 509(A) NA false EMBRACE INTEREST LLC 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 852148586 AFFRDBL HSING IL 501(C)(3) 509(A) NA false GREENWOOD SENIOR LIVING 1900 SPRING ROAD SUITE 300 OAK BROOK IL 605231480 743153201 RENTAL SENIOR IL NA ANCHOR SENIOR LIVING 2021 LP 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 872830266 RENTAL SENIOR IL NA GREENWOOD SENIOR LIVING 2021 LP 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 872863302 RENTAL SENIOR IL NA GROVE SENIOR LIVING 2021 LP 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 852201219 RENTAL SENIOR IL NA OASIS SENIOR LIVING 2021 LP 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 852224763 RENTAL SENIOR IL NA CASTLE HOUSING DEVELOPMENT NFP 1900 SPRING ROAD SUITE 300 OAK BROOK IL 605231480 320163559 RENTAL SENIOR IL NA C CORP ANCHOR SENIOR LIVING 2021 GP LLC 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 852073277 RENTAL SENIOR IL NA C CORP GREENWOOD SENIOR LIVING 2021 GP LLC 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 872840003 RENTAL SENIOR IL NA C CORP GROVE SENIOR LIVING 2021 GP LLC 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 852073277 RENTAL SENIOR IL NA C CORP OASIS SENIOR LIVING 2021 GP LLC 1900 SPRING ROAD SUITE 300 OAK BROOK IL 60523 852124487 RENTAL SENIOR IL NA C CORP false false false false false false false false false false false false false true true false false false EMBRACE LIVING COMMUNITIES O & P 463755 AMOUNT BILLED