2024-05-15T08:52:12-05:00 2023-06-30 FORVIS LLP 111 E Wayne St Suite 600 Fort Wayne IN 46802 990 2022-07-01 237126990 GREENCROFT COMMUNITIES FOUNDATION INC % LYNDA OLINSKI GREE 5745374000 PO BOX 819 GOSHEN IN 46527 LYNDA OLINSKI CFO 5745374000 2023-11-15 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 4646801 false X WWW.GREENCROFT.ORG X 1971 IN SEE SCHEDULE O 9 9 0 5 0 0 2004132 1882915 0 0 1170268 465399 55705 -38476 3230105 2309838 1442690 3248545 0 0 80845 81730 172 0 19749 107248 90965 1630955 3421240 1599150 -1111402 16101386 17047199 9024766 8984541 7076620 8062658 X GREENCROFT COMMUNITIES FOUNDATION IS COMMITTED TO CREATING A PASSION FOR OUR COMMUNITIES AND INSPIRING GENEROSITY. false false 3265347 3248545 0 GREENCROFT COMMUNITIES FOUNDATION RAISES FUNDS TO HELP RESIDENTS OF ALL THE GREENCROFT RETIREMENT COMMUNITIES AND AFFILIATES EMBRACE THE OPPORTUNITIES AND CHALLENGES OF AGING. THE ORGANIZATION ASSISTS RESIDENTS AT EACH OF THE FOLLOWING RELATED AFFILIATED TAX-EXEMPT ORGANIZATIONS: GREENCROFT CENTRAL MANOR, GREENCROFT MANOR II, GREENCROFT MANOR III, GREENCROFT GOSHEN, GREENCROFT MIDDLEBURY, HAMILTON GROVE, CHICAGO TRAIL VILLAGE, WALNUT HILLS RETIREMENT COMMUNITIES, SOUTHFIELD VILLAGE, OAK GROVE CHRISTIAN RETIREMENT VILLAGE, GOLDEN YEARS HOMESTEAD, GREAT LAKES CHRISTIAN HOMES, AND EDGEWATER PLACE. BENEFICIARIES ALSO INCLUDE PARTICIPANTS IN ADULT DAY SERVICES, PRIVATELY SUPPORTED SENIOR CENTERS (NO TAX DOLLARS), STAFF EDUCATION GRANTS, AND RESIDENTS WHOSE FINANCIAL MEANS ARE EXHAUSTED. 3265347 true true false false false false false false false true false false false false true false false true false false false false false false true false false true true true false false false false false false false false false false false false false true true true false true 0 0 0 false false false false false true true false false false false false false X 9 9 false true false false true true true true true false false true true true true true true false false false IN OH X LYNDA OLINSKI 5745374000 1721 GREENCROFT BLVD GOSHEN IN 46527 LYNDA OLINSKI PRESIDENT 3.0 42.0 X 0 246197 72589 SCOTT MARTIN TREASURER 1.0 44.0 X 0 169330 42396 RYDELL BONTRAGER SECRETARY 0.1 44.9 X 0 144621 57871 AIMEE RIEMKE ASSISTANT SECRETARY 0.1 44.9 X 0 136740 54949 DAVID BIRKY BOARD MEMBER 1.0 0.0 X 0 0 0 ANGIE EGGERING BOARD MEMEBER 1.0 0.0 X 0 0 0 NANCY HAWKINS BOARD MEMBER 1.0 0.0 X 0 0 0 STEVE HERENDEEN CHAIR 1.0 0.0 X X 0 0 0 KEN HOCHSTETLER BOARD MEMBER 1.0 0.0 X 0 0 0 MOLLIE KIEFFER VICE CHAIR 1.0 0.0 X X 0 0 0 KATE STEURY BOARD MEMEBER 1.0 0.0 X 0 0 0 SUSAN WEYBRIGHT BOARD MEMBER 1.0 0.0 X 0 0 0 JONATHAN WIEAND BOARD MEMEBER 1.0 0.0 X 0 0 0 0 696888 227805 0 false true false 0 196267 482840 1203808 1882915 0 565782 565782 0 0 0 0 0 2198104 2298487 -100383 -100383 -100383 0 196267 38476 -38476 -38476 0 0 0 0 0 0 0 2309838 426923 3153535 3153535 95010 95010 0 0 0 0 72367 10312 49934 12121 2406 343 1660 403 1433 204 989 240 5524 787 3812 925 0 0 15650 15650 0 0 0 25339 25339 0 8435 8435 0 0 0 1270 1270 0 1770 1770 0 0 0 0 EMPLOYEE APPRECIATION 36180 5156 24964 6060 DUES & SUBSCRIPTIONS 2321 2321 3421240 3265347 136144 19749 0 0 883457 0 860148 765543 5295 0 0 0 0 0 0 0 0 0 0 0 0 0 13470358 15459650 740316 685343 0 0 0 0 141812 136663 16101386 17047199 3546 4541 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9021220 8980000 9024766 8984541 X 1248037 2466233 5828583 5596425 7076620 8062658 16101386 17047199 X -1111402 597440 1500000 X false true X true false X 905910 908886 1498965 2004132 1882915 7200808 0 0 905910 908886 1498965 2004132 1882915 7200808 973183 6227625 492355 410600 452509 799885 565782 2721131 0 49946 14800 0 86450 0 151196 10073135 0.61824 0.44830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9133640 11725 625345 0 350377 1714 9418619 10237880 509178 -1270942 340523 1953 9133640 8250369 307904 2317528 30330 605913 1678 10237880 8148867 164917 234982 29670 267179 1548 8250369 7397491 596288 428139 29530 241986 1535 8148867 0.66630 0.27670 0.05700 true false 0 DUE TO AFFILIATES 8980000 8980000 PART V, LINE 4: ENDOWMENT FUNDS ARE HELD BY GREENCROFT COMMUNITIES FOUNDATION INC. FOR THE BENEFIT OF GREENCROFT GOSHEN, INC., GREENCROFT MANOR II, INC., GREENCROFT MANOR III, INC. AND GREENCROFT CENTRAL MANOR, INC. GREENCROFT COMMUNITIES FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PERPETUAL SOURCE OF SUPPORT TO PROGRAMS SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO PRESERVE THE PURCHASING POWER OF THE ENDOWMENT ASSETS. THE PURPOSE OF THE ENDOWMENTS IS TO PROVIDE SUPPORT FOR THE CHARITABLE PROGRAMS OF GREENCROFT GOSEHN, INC. AND ITS RELATED ORGANIZATIONS. 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. GOLF OUTING 196267 196267 27260 11216 0 196267 196267 27260 11216 38476 -38476 true GREENCROFT MIDDLEBURY INC PO BOX 819 GOSHEN IN 46527 300036865 501(C)(3) 2437769 SUPPORT OAK GROVE CHRISTIAN RETIREMENT VILLAGE INC 221 WEST DIVISION ROAD DEMOTTE IN 46310 351986767 501(C)(3) 500000 SUPPORT GREENCROFT GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 501(C)(3) 108957 SUPPORT GREENCROFT CENTRAL MANOR PO BOX 819 GOSHEN IN 46527 356047318 501(C)(3) 26447 SUPPORT HAVEN HUBBARD HOMES INC (DBA HAMILTON GROVE) 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 350870110 501(C)(3) 26447 SUPPORT 5 RESIDENT FINANCIAL ASSISTANCE 27 58878 EMPLOYEE FINANCIAL ASSISTANCE 19 10163 ADULT DAY CARE ASSISTANCE 6 25969 PART I, LINE 2: EMPLOYEE AND RESIDENT FINANCIAL ASSISTANCE IS GIVEN TO INDIVIDUALS NEEDING ASSISTANCE PAYING BILLS, PURCHASING NECESSITIES, ETC. THE FUNDS ARE GIVEN TO INDIVIDUALS AND CAN BE USED AT THEIR DISCRETION. ADULT DAY CARE FINANCIAL ASSISTANCE IS GIVEN TO INDIVIDUALS FROM THE COMMUNITY WHO WOULD OTHERWISE NOT BE ABLE TO PARTICIPATE IN THE PROGRAM. false false false false false false false false false LYNDA OLINSKI PRESIDENT 226706 19233 258 57106 15483 318786 RYDELL BONTRAGER SECRETARY 136203 8280 138 14729 43142 202492 AIMEE RIEMKE ASSISTANT SECRETARY 125626 10976 138 20242 34707 191689 SCOTT MARTIN TREASURER 157710 11224 396 10786 31610 211726 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 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: GREENCROFT COMMUNITIES FOUNDATION PROVIDES FINANCIAL RESOURCES TO GREENCROFT RETIREMENT COMMUNITIES AND AFFILIATES' RESIDENTS TO ENABLE SENIORS TO EMBRACE THE OPPORTUNITIES AND CHALLENGES OF AGING AND ALLOW THEM TO LIVE LIFE TO THE FULLEST. FORM 990, PART I, LINE 5 AND PART V, LINE 2A: THE ORGANIZATION'S EMPLOYEES ARE PAID BY GREENCROFT RETIREMENT COMMUNITIES, INC (EIN 30-0036587), A RELATED TAX-EXEMPT ORGANIZATION. THESE EMPLOYEES ARE INCLUDED IN THE FORM W-3, TRANSMITTAL OF WAGE AND TAX STATEMENTS, THAT IS FILED BY GREENCROFT RETIREMENT COMMUNITIES. FORM 990, PART VI, SECTION A, LINE 3: THE ORGANIZATION IS UNDER A MANAGEMENT/AFFILIATION CONTRACT WITH GREENCROFT RETIREMENT COMMUNITIES, INC. (GRC), A RELATED TAX-EXEMPT ORGANIZATION. ACCORDING TO THE AGREEMENT, GRC HAS THE SOLE AND EXCLUSIVE RIGHT TO SUPERVISE, MANAGE, AND OPERATE THE ORGANIZATION'S FACILITY ("THE FACILITY"). IN ADDITION, GRC HAS THE SOLE CONTROL AND DISCRETION WITH REGARD TO THE OPERATION AND MANAGEMENT OF THE FACILITY FOR ALL CUSTOMARY PURPOSES, AS WELL AS THE RIGHT TO DETERMINE ALL OPERATING POLICIES AFFECTING OR CONCERNING THE APPEARANCE AND MAINTENANCE STANDARDS OF OPERATION, AND ANY OTHER MATTER AFFECTING THE FACILITY OR THE OPERATION THEREOF. THE AGREEMENT TERMINATES IN JUNE 2028, WITH AN OPTION FOR ANNUAL EXTENSIONS. FORM 990, PART VI, SECTION A, LINE 6: THE ORGANIZATION HAS 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 NOT WITHSTANDING THESE RESERVED POWERS, THE MEMBER HAS NO FINANCIAL OBLIGATIONS OR RESPONSIBILITIES FOR ANY ACTIONS OF THE ORGANIZATION BY REASON OF SERVING AS A MEMBER. 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 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, SECTION B, LINE 15: Greencroft Communities Foundation's (GCF) 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. GCF conducts periodic review of the market to develop average wages for positions within Greencroft Communities Foundation. Greencroft Communities Foundation does not have any team members. The team members are part of Greencroft Communities and provide services at cost to the Greencroft Communities Foundation. The overall compensation policy and the VP compensation policy are approved by the Greencroft Communities (GC) Board of Directors. The GCF Board reviews the compensation practices. Annually the GC Board and the GCF Board review the compensation of the Executive, a Greencroft Communities employee. They compare current wages with national data provided by LeadingAge (formerly 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 GCF Board has reviewed the base wage and the variable pay for the President of Greencroft Communities Foundation. In the Fiscal Year 2023 (IRS 990 Year 2022) this position was at the 60th percentile of the range for this position in base compensation and the 68th percentile for total compensation. 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 XII, LINE 2C: THE AUDIT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS: TRANSFERS TO/FROM AFFILIATES $1,500,000 GREENCROFT RETIREMENT COMMUNITIES INC PO BOX 819 GOSHEN IN 46527 300036587 MANAGEMENT IN 501(C)(3) 12C NA false GREENCROFT CENTAL MANOR INC PO BOX 819 GOSHEN IN 46527 356047318 HOUSING IN 501(C)(3) 10 GRC false GREENCROFT GOSHEN INC PO BOX 819 GOSHEN IN 46527 351270709 HEALTHCARE IN 501(C)(3) 10 GRC false GREENCROFT MANOR III INC PO BOX 819 GOSHEN IN 46527 351431475 HOUSING IN 501(C)(3) 10 GRC false GREENCROFT MANOR II INC PO BOX 819 GOSHEN IN 46527 351377430 HOUSING IN 501(C)(3) 10 GRC false GREENCROFT MIDDLEBURY INC PO BOX 819 GOSHEN IN 46527 300036865 HOUSING IN 501(C)(3) 10 GRC false HAVEN HUBBARD HOMES INC 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 350870110 HEALTHCARE IN 501(C)(3) 10 GRC false OAK GROVE CHRISTIAN RETIREMENT VILLAGE 221 WEST DIVISION ROAD DEMOTTE IN 46310 351986767 HEALTHCARE IN 501(C)(3) 10 GRC false SOUTHFIELD VILLAGE INC 6450 MIAMI CIRCLE SOUTH BEND IN 46614 351866553 HEALTHCARE IN 501(C)(3) 10 GRC false WALNUT HILLS RETIREMENT COMMUNITIES INC PO BOX 129 WALNUT CREEK OH 44687 351317338 HEALTHCARE IN 501(C)(3) 10 GRC false GREENCROFT HOME HEALTH SERVICES INC PO BOX 819 GOSHEN IN 46527 351606010 HOME HEALTH IN 501(C)(3) 10 GRC false CHICAGO TRAIL VILLAGE INC 31869 CHICAGO TRAIL NEW CARLISLE IN 46552 310990629 HOUSING IN 501(C)(3) 10 HG false EDGEWATER PLACE INC 11351 LAFAYETTE PLAIN CITY ROAD PLAIN CITY OH 43064 823596152 HEALTHCARE IN 501(C)(3) 10 GRC false GREENCROFT MANAGEMENT INC PO BOX 819 GOSHEN IN 46527 270259652 MANAGEMENT SERV. IN NA C CORP true false true true false false false false false false false false false true true true true false false true 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.