2024-06-05T08:13:11-00:00 2023-12-31 990 2023-01-01 842483072 Harbor Inn HARB 25200 Telegraph Rd STE 400 Southfield MI 48033 Andrew Adair Treasurer 2024-06-04 false Andrew Adair 3 AAL1 IAL1 2023 2023-04-26 12:10:37Z Harbor Inn Andrew Adair 25200 Telegraph Rd Suite 400 Southfield MI 48033 2176925 false X www.PVM.org X 2018 MI Construction and operation of housing for senior adults 16 16 3 20 0 1466 946679 2148819 6290 26640 627 0 953596 2176925 0 0 213322 414202 0 0 2185150 3342370 2398472 3756572 -1444876 -1579647 28304078 27044195 27416755 27736519 887323 -692324 Construction an operation of housing for senior adults false false 3391652 2176925 Construction and operation of housing for senior adults 3391652 true false false false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false true false true X 0 0 true 3 true false false false false false false false false false false false false false X 16 16 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 26200 Lahser Rd Suite 300 Southfield MI 48033 Wenona Breazeale Manager AL/RLC 040.00 X 80197 0 0 Andrew Adair Treasurer 001.00 001.00 X 0 0 0 Kathryn Bartz Secretary 001.00 001.00 X X 0 0 0 Melinda Conway Callahan trustee 001.00 001.00 X 0 0 0 Gary Gendernalik trustee 001.00 001.00 X 0 0 0 Frank Gitre trustee 001.00 001.00 X 0 0 0 Briana Jacob trustee 001.00 001.00 X 0 0 0 Ricardo Lara Jr Vice chair 001.00 001.00 X X 0 0 0 Aaron Lundgaard Chair 001.00 001.00 X X 0 0 0 Michael Passmore trustee 001.00 001.00 X 0 0 0 Jeffrey Pike trustee 001.00 001.00 X 0 0 0 John Peterson trustee 001.00 001.00 X 0 0 0 Farrah Randayal Howard trustee 001.00 001.00 X 0 0 0 Elaine Walton trustee 001.00 001.00 X 0 0 0 Janet Lickman trustee 001.00 001.00 X 0 0 0 Monnencia Riley trustee 001.00 001.00 X 0 0 0 80197 false false false 1466 1466 Resident payments for services 623000 2148819 2148819 2148819 26640 26640 2176925 2175459 0 0 0 0 80197 80197 0 299582 190038 109544 0 5022 2513 2509 29401 14538 14863 85953 85953 0 6721 6721 0 0 5104 5104 79512 79512 1705 1657 48 51773 51773 0 415749 414802 947 0 0 0 1409742 1406531 3211 0 1162959 1160310 2649 94849 94633 216 supplies 27118 27118 1185 1185 3756572 3391652 364920 0 X 11313 9670 -11424 -11458 26953227 2235773 25630337 24717454 2673852 2328529 28304078 27044195 206426 275017 7949 27210329 27453553 27416755 27736519 X 887323 -692324 887323 -692324 28304078 27044195 -1579647 X X false X false X true false X 1466 1466 253423 947306 2148819 3349548 253423 947306 2150285 3351014 3351014 6290 26640 32930 0 6290 26640 32930 0 0 253423 953596 2176925 3383944 X 0.00000 0.00000 false 900000 900000 20409590 1517677 18891913 3838803 487767 3351036 1804834 230329 1574505 24717454 Financial derivatives and other financial products Closely-held equity interests Project Fund 137 Debt Service Reserve 443631 Interest Fund 15759 Bond payment fund 10895 Fair value of interest rate swap 1317578 Debt issuance costs 540529 2328529 Federal income taxes Provision for interest swap agreement Loans due to PVM 27453553 27453553 false false false false false false false 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 3 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 its own whistleblower policy. It relies on the policy of PVM, its management company 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 Tax exempt bond issues were completed in 2005 and 2020 in order to refund two previous bond issues and to provide new money for a variety of capital projects at Redford, East Harbor, Westland, Weinberg Green Houses, Harobr Inn and the corporate office. Each bond issue was done in the name of Presbyterian Villages of Michigan for the benefit of these entities the Obligated Group. Funds were loaned to these entities and are reported as unsecured debt on their Form 990. 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 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. The 2023 audit was not completed prior to the filing if this return. 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 3663110 direct payment Presbyterian Villages of Michigan e Presbyterian Villages of Michigan m 99501 direct payment