2025-06-23T12:44:26-04:00 2024-12-31 043831735 SEHMER & SON CPA LLC 1507 WISCONSIN AVE GRAFTON WI 530241962 990 2024-01-01 264031366 THE PROVIDENCE PLACE INC PROV 2623779900 815 WASHINGTON ST GRAFTON WI 53024 SUSAN PUTTERMAN TREASURER 2623779900 2025-06-16 true false SUSAN PUTTERMAN CPA P00359790 2623777595 2025-06-16 2024 2025-03-06 01:10:19Z WILLIAM FELD 815 WASHINGTON ST GRAFTON WI 53024 681380 false X WWW.THEPROVIDENCEPLACE.ORG X 2009 WI THE PROVIDENCE PLACE WAS CREATED TO REFLECT THE LOVE OF CHRIST BY PROVIDING AN INVITING, CAREFREE AND SECURE HOME FOR INDEPENDENT SENIORS. 6 6 3 0 4425 4104 668400 661624 14 15652 0 672839 681380 0 0 113532 124432 0 14789 855765 926956 969297 1051388 -296458 -370008 6905851 6129613 12327828 11921598 -5421977 -5791985 THE PROVIDENCE PLACE WAS CREATED TO REFLECT THE LOVE OF CHRIST BY PROVIDING AN INVITING, CAREFREE AND SECURE HOME FOR INDEPENDENT SENIORS. false false 861777 660955 PROVIDING HOUSING FOR INDEPENDENT SENIORS, 55 AND OLDER, IN A CHRISTIAN LIVING ENVIRONMENT. OUR UNITS WERE OPEN FOR RESIDENTS ON DECEMBER 1,2010. EXPENSES ARE FOR OPERATING THE FACILITY AND MARKETING REMAINING UNITS. IN JANUARY 2018, WE OPENED PHASE II, LARGER 2-BEDROOM UNITS. COSTS OF THIS EXPANSION ARE INCLUDED ON THE ASSETS OF THE BALANCE SHEET. 669 PROGRAMS FOR RESIDENTS AND COMMUNITY MEMBERS: CHAPEL SERVICES, WEEKLY BIBLE STUDIES, VARIOUS LOCAL OUTINGS, CATERED MEALS FOR SPECIAL OCCASIONS, CRAFTS AND ACTIVITIES. 861777 true false false false false false false false false false true false false false 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 false false false false true 3 0 3 true false false false false false false false false X 6 6 false false true false true false false true true false false false true true false true true true true false X SUSAN PUTTERMAN 2623777595 1507 WISCONSIN AVE PO BOX 1166 GRAFTON WI 53024 X TRACY ERNST BOARD MEMBER X X 0 0 0 WILLIAM FELD PRESIDENT X 0 0 0 ANDY LOCKE SECRETARY X 0 0 0 REV LARRY PRAHL VICE-PRESIDE X X 0 0 0 DONNA THIEDE BOARD MEMBER X 0 0 0 SUSAN PUTTERMAN TREASURER X 0 0 0 false false false 4104 4104 FEE INCOME 612465 612465 RETAINED DEPOSIT 46000 46000 FACILITY FEE 2490 2490 PROGRAM SERVICE INCOME 669 669 661624 15652 15652 681380 661624 15652 111700 67020 33510 11170 12732 7639 3820 1273 1450 1450 12480 12480 640 640 21603 9722 9721 2160 24366 21551 2815 368245 302720 65525 80439 40219 40220 401402 401402 16331 11504 4641 186 1051388 861777 174822 14789 761059 327164 1475 15396 24601 10438686 4686410 6104677 5752276 891 426 22353 25146 6905851 6129613 57916 65176 12269912 11856422 12327828 11921598 X 413440 458572 -5835417 -6250557 -5421977 -5791985 6905851 6129613 -370008 X false false X 16679 25197 10245 4425 4104 60650 632206 553120 576051 662463 661624 3085464 648885 578317 586296 666888 665728 3146114 3146114 3 3 3 13 15652 15674 3 3 3 13 15652 15674 648888 578320 586299 666901 681380 3161788 0.99500 1.00000 0.00000 0.00000 X 10438686 4686410 5752276 5752276 DEPOSITS FROM RESIDENTS 9762000 PROMISSORY NOTES PAYABLE 2073051 APPLICATION DEPOSITS 13000 M/M SECURITY DEPOSITS 5180 ACCRUED PAYROLL 3191 11856422 FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS PARTICIPATE ON AN AS-NEEDED BASIS TO HOST/ASSIST WITH EVENTS. FORM 990, PAGE 6, PART VI, LINE 4 NEW BYLAWS ADOPTED 2/6/24 SECTION 3.02. NUMBER, SELECTION, AND TENURE. THE BOARD SHALL CONSIST OF NOT LESS THAN FIVE (5) DIRECTORS. EACH DIRECTOR SHALL HOLD OFFICE FOR A TERM OF THREE (3) YEARS. VACANCIES EXISTING BY REASON OF RESIGNATION, DEATH, INCAPACITY OR REMOVAL BEFORE THE EXPIRATION OF HIS/HER TERM SHALL BE FILLED BY A MAJORITY VOTE OF THE REMAINING DIRECTORS. IN THE EVENT OF A TIE VOTE, THE PRESIDENT SHALL CHOOSE THE SUCCEEDING DIRECTOR. DIRECTORS WILL ELECT THEIR SUCCESSORS. A DIRECTOR ELECTED TO FILL A VACANCY SHALL BE ELECTED FOR THE UNEXPIRED TERM OF THAT DIRECTORS PREDECESSOR IN OFFICE. A MAJORITY OF THE BOARD SHALL CONSIST OF MEMBERS-IN-GOOD-STANDING OF ST. PAUL LUTHERAN CHURCH, GRAFTON, WISCONSIN. THE ADMINISTRATIVE/SENIOR PASTOR OF THE ST. PAUL LUTHERAN CHURCH, GRAFTON, WISCONSIN, OR A DESIGNATED REPRESENTATIVE APPOINTED BY HIM SHALL BE A VOTING MEMBER OF THE BOARD. THE TERM OF THE DESIGNATED REPRESENTATIVE SHALL BE DETERMINED BY THE ADMINISTRATIVE/SENIOR PASTOR. THE BOARD OF DIRECTORS MAY INCREASE THE NUMBER OF DIRECTORS AS THEY DESIRE, AND MAY LATER REDUCE THE NUMBER TO FIVE AGAIN AS THEY SEE FIT. (REVISION TO ARTICLE III, SECTION 3.02 ON 4/10/17) ARTICLE XIII NON-ENDORSEMENT BY LUTHERAN CHURCH-MISSOURI SYNOD RECOGNITION BY THE SYNOD (I) IS NOT AN ENDORSEMENT OF THE FISCAL SOLVENCY OF THE PROVIDENCE PLACE, NOR OF SERVICES OR PROGRAMS OFFERED BY THE PROVIDENCE PLACE, (II) DOES NOT EXPRESS OR IMPLY ENDORSEMENT OF THE FISCAL SOLVENCY OF THE PROVIDENCE PLACE, OR SYNOD RESPONSIBILITY FOR THE DEBTS OR OTHER FINANCIAL OBLIGATIONS OF THE PROVIDENCE PLACE, AND (III) DOES NOT CAUSE THE SYNOD OR ITS DISTRICTS OR CONGREGATIONS TO INCUR OR BE SUBJECT TO THE LIABILITIES OR DEBTS OF THE PROVIDENCE PLACE OR ITS SUBSIDIARIES AND/OR AFFILIATES. ADOPTED BY THE DIRECTORS OF THE PROVIDENCE PLACE, INC. ON DECEMBER 12, 2009. ADDITION OF ARTICLE XIII ON 2/6/24. FORM 990, PAGE 6, PART VI, LINE 6 ORGANIZED WITH MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B DISCUSS ITEMS OF INTEREST AT BOARD MEETING PRIOR TO FILING THE RETURN. FORM 990, PAGE 6, PART VI, LINE 15A BOARD OF DIRECTORS IS COMPOSED OF VOLUNTEERS. FORM 990, PAGE 6, PART VI, LINE 15B A SALARY SURVEY FOR COMPARABLE PROFESSIONALS, THE SIZE OF THE COMMUNITY, AND EXPERIENCE/QUALIFICATIONS ALL CONTRIBUTE TO THE SALARY DETERMINED FOR THE THREE PAID EMPLOYEES. BOARD MEMBERS DO NOT RECEIVE COMPENSATION. FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS ARE AVAILABLE AT THE PROVIDENCE PLACE OFFICE FOR REVIEW ON SITE.