2024-12-06T12:21:57-06:00 2024-03-31 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2023-04-01 710945228 GENEVA FOUNDATION OF PRESBYTERIAN HOMES GENE 8479793902 8707 SKOKIE BOULEVARD 400 SKOKIE IL 60077 NADIM ABI-ANTOUN CHIEF EXECUTIVE OFFICER 8479793902 2024-12-03 1 1 DAVID LOWENTHAL P00378651 3122071040 2024-12-03 2023 2024-10-15 13:58:12Z NADIM ABI-ANTOUN 8707 SKOKIE BOULEVARD 400 SKOKIE IL 60077 58158342 0 X WWW.PRESBYTERIANHOMES.ORG X 2003 IL THE GENEVA FOUNDATION TRANSFORMS LIVES BY ENRICHING PRESBYTERIAN HOMES AND WESTMINSTER PLACE COMMUNITIES THROUGH GENEROUS AND RESPONSIBLE PHILANTHROPY. 15 15 0 83 0 0 4656155 2335069 0 0 9224994 9201289 -7053 -5508 13874096 11530850 4214576 7123238 0 0 0 0 0 0 604412 909180 1034926 5123756 8158164 8750340 3372686 157351261 172161101 877378 613434 156473883 171547667 THE GENEVA FOUNDATION TRANSFORMS LIVES BY ENRICHING PRESBYTERIAN HOMES AND WESTMINSTER PLACE COMMUNITIES THROUGH GENEROUS AND RESPONSIBLE PHILANTHROPY. 0 0 2579060 2579060 0 GENEVA FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO PROVIDE FINANCIAL SUPPORT FOR THE CHARITABLE PROGRAMS OF PRESBYTERIAN HOMES AND WESTMINSTER PLACE. SPECIFICALLY, THE FELLOWSHIP FUND HELPS DISTINGUISH THE CHARACTER OF PRESBYTERIAN HOMES AND WESTMINSTER PLACE. THROUGH THE FELLOWSHIP FUND, GENEVA FOUNDATION ENSURES THAT NO RESIDENT WILL BE ASKED TO LEAVE THE COMMUNITY DUE TO INABILITY TO PAY. IT EXTENDS MEDICAL AND SUPPORTIVE SERVICES TO MAINTAIN THE RESIDENTS' SECURITY, HEALTH, DIGNITY, AND SELF-ESTEEM. THE FELLOWSHIP FUND AND ITS ENDOWMENT HAVE BEEN BUILT ENTIRELY BY CHARITABLE DONATIONS FROM RESIDENTS, FAMILIES, AND FRIENDS ACROSS THE ENTIRE PRESBYTERIAN HOMES AND WESTMINSTER PLACE ORGANIZATIONS. 3181631 3181631 0 GENEVA FOUNDATION PROVIDES PRESBYTERIAN HOMES AND WESTMINSTER PLACE WITH CAPITAL GRANTS TO SUPPORT CAPITAL IMPROVEMENTS AND ADDITIONS THAT SECURE THE SAFETY, CONVENIENCE AND COMFORT OF RESIDENTS ON ALL CAMPUSES. 1362547 1362547 0 GENEVA FOUNDATION SUPPORTS PRESBYTERIAN HOMES AND WESTMINSTER PLACE ON SPECIAL PROJECTS AND PROGRAMS AS NEEDED. 7123238 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X MARK HAVRILKA 8479793904 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 X VINCE KELLY DIRECTOR /CO-CHAIR 1.00 2.00 X X 0 0 0 ERIC MOLLMAN DIRECTOR /CO-CHAIR 1.00 2.00 X X 0 0 0 MARK WETZEL DIRECTOR /TREASURER 1.00 2.00 X X 0 0 0 ELINOR HITE DIRECTOR /SECRETARY 1.00 2.00 X X 0 0 0 JIM BRAULT DIRECTOR 1.00 2.00 X 0 0 0 ROBERT DEARBORN DIRECTOR 1.00 2.00 X 0 0 0 CHARLIE DENISON DIRECTOR 1.00 2.00 X 0 0 0 DAVID DONNERSBERGER DIRECTOR - THRU 11/2023 1.00 2.00 X 0 0 0 MONICA HEENEN DIRECTOR 1.00 2.00 X 0 0 0 REV MICHAEL KIRBY DIRECTOR 1.00 2.00 X 0 0 0 MIKE LINCOLN DIRECTOR 1.00 2.00 X 0 0 0 DENNIS MARX DIRECTOR 1.00 2.00 X 0 0 0 THOMAS MCAFEE DIRECTOR 1.00 2.00 X 0 0 0 PAULA NOBLE DIRECTOR 1.00 2.00 X 0 0 0 JULIE SEYMOUR DIRECTOR 1.00 2.00 X 0 0 0 JESSICA STRAUSBAUGH DIRECTOR 1.00 2.00 X 0 0 0 NADIM ABI-ANTOUN CEO 7.50 30.00 X 0 677282 274770 MARK HAVRILKA CFO 2.00 35.50 X 0 523485 137880 LINDSEY AUMICK DIRECTOR OF FINANCE 2.00 35.50 X 0 220257 17855 SAMANTHA VICTOR-ALVARADO VP, HUMAN RESOURCES 2.00 35.50 X 0 132893 40009 LISA SCHIRO SR. DIRECTOR OF DEVELOPMENT 37.50 0.00 X 154938 0 8114 TODD SWORTZEL EXECUTIVE ADVISOR / FORMER CEO 15.00 22.50 X 0 874298 278572 154938 2428215 757200 1 1 1 0 FIDUCIENT ADVISORS LLC 500 W MADISON ST STE 1700 CHICAGO IL 60061 INVESTMENT MANAGEMENT 111198 1 224880 2110189 44874 2335069 5327593 5327593 50440000 46566304 3873696 3873696 3873696 55680 224880 61188 -5508 -5508 11530850 0 0 9195781 7123238 7123238 316164 316164 114350 114350 62972 62972 8307 8307 1888 1888 LEASED EMPLOYEES 438743 438743 DONOR CULTIVATION 48771 48771 ANNUAL REPORT 37234 37234 OTHER EXPENSES 6497 6497 8158164 7123238 430514 604412 2281618 2057684 1441129 0 115699465 128662451 37929049 41440966 157351261 172161101 95189 104970 782189 508464 877378 613434 X 92492626 109024204 63981257 62523463 156473883 171547667 157351261 172161101 3372686 11701098 0 X X 0 1 X 1 0 X X 2 PRESBYTERIAN HOMES 471545753 10 1 4596511 0 WESTMINSTER PLACE 362167832 10 1 2526727 0 2 7123238 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 47412924 0 5962521 2440118 50935327 51844405 69383 -2084639 2416225 47412924 52104862 4160 2140870 2405487 51844405 41042008 60000 13346123 2343269 52104862 47027290 4260 -3669492 2320050 41042008 0.00000 1.00000 0.00000 0 0 0 OTHER ASSETS 18880 BENEFICIAL INTEREST IN PERPETUAL TRUST 41203159 IRREVOCABLE TRUSTS 218927 41440966 DUE TO PRESBYTERIAN HOMES 508464 508464 X 23178786 11701098 11701098 11477688 114350 -61188 53162 11530850 8105002 61188 61188 8043814 114350 114350 8158164 PART V, LINE 4: THE GENEVA FOUNDATION'S PERMANENTLY RESTRICTED FUNDS ARE PRIMARILY FOR THE FUNDING OF THE CHARITABLE SUPPORT FOR PRESBYTERIAN HOMES AND WESTMINSTER PLACE. THE ORGANIZATION'S FELLOWSHIP FUND ENSURES THAT NO RESIDENT IS ASKED TO LEAVE THE COMMUNITY DUE TO INABILITY TO PAY. IT EXTENDS MEDICAL AND SUPPORTIVE SERVICES TO MAINTAIN THE RESIDENTS SECURITY, HEALTH, DIGNITY AND SELF ESTEEM. THE PERMANENTLY RESTRICTED FELLOWSHIP FUND IS INTENDED TO PROVIDE FOR THE CARE OF RESIDENTS OF PRESBYTERIAN HOMES. PART X, LINE 2: THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AND IS EXEMPT FROM TAX UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO TAX PROVISION IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE FOUNDATION FILES AN INFORMATION RETURN AS A TAX-EXEMPT ORGANIZATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES -61,188. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EXPENSES 61,188. GOLF OUTING 280560 224880 55680 52438 8750 280560 224880 55680 52438 8750 61188 -5508 1 WESTMINSTER PLACE 3200 GRANT STREET EVANSTON IL 60201 362167832 501(C)(3) 1776016 0 THE FELLOWSHIP FUND ENSURES NO RESIDENT WILL BE ASKED TO LEAVE THE COMMUNITY DUE TO INABILITY TO PAY. THE RESIDENTS RECEIVE MEDICAL AND SUPPORTIVE SERVICES TO MAINTAIN THEIR SECURITY, HEALTH, DIGNITY, AND SELF-ESTEEM. WESTMINSTER PLACE 3200 GRANT STREET EVANSTON IL 60201 362167832 501(C)(3) 167802 0 THE CAPITAL AND BUILDING FUND PROVIDES WESTMINSTER PLACE WITH CAPITAL GRANTS TO SUPPORT CAPITAL IMPROVEMENTS AND ADDITIONS THAT SECURE THE SAFETY, CONVENIENCE AND COMFORT OF RESIDENTS AT THE COMMUNITY. WESTMINSTER PLACE 3200 GRANT STREET EVANSTON IL 60201 362167832 501(C)(3) 582909 0 OTHER GRANTS ARE PROVIDED TO WESTMINSTER PLACE FOR SPECIAL PROJECTS AND PROGRAMS ON AS NEEDED BASIS. PRESBYTERIAN HOMES 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 471545753 501(C)(3) 803044 0 THE FELLOWSHIP FUND ENSURES NO RESIDENT WILL BE ASKED TO LEAVE THE COMMUNITY DUE TO INABILITY TO PAY. THE RESIDENTS RECEIVE MEDICAL AND SUPPORTIVE SERVICES TO MAINTAIN THEIR SECURITY, HEALTH, DIGNITY, AND SELF-ESTEEM. PRESBYTERIAN HOMES 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 471545753 501(C)(3) 3013829 0 THE CAPITAL AND BUILDING FUND PROVIDES PRESBYTERIAN HOMES WITH CAPITAL GRANTS TO SUPPORT CAPITAL IMPROVEMENTS AND ADDITIONS THAT SECURE THE SAFETY, CONVENIENCE AND COMFORT OF RESIDENTS AT THE COMMUNITY. PRESBYTERIAN HOMES 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 471545753 501(C)(3) 779638 0 OTHER GRANTS ARE PROVIDED TO PRESBYTERIAN HOMES FOR SPECIAL PROJECTS AND PROGRAMS ON AS NEEDED BASIS. 2 0 PART I, LINE 2: GENEVA FOUNDATION CLOSELY WORKS WITH ITS SUPPORTED ORGANIZATIONS (PRESBYTERIAN HOMES AND WESTMINSTER PLACE) TO ENSURE GRANT MONIES PROVIDED ARE USED FOR THE APPROPRIATE EXEMPT PURPOSE. 0 1 0 0 0 0 0 1 0 TODD SWORTZEL EXECUTIVE ADVISOR / FORMER CEO 0 558035 0 116950 0 199313 0 275158 0 3414 0 1152870 0 173622 NADIM ABI-ANTOUN CEO 0 467168 0 119938 0 90176 0 244055 0 30715 0 952052 0 40500 MARK HAVRILKA CFO 0 345520 0 89199 0 88766 0 111918 0 25962 0 661365 0 39975 LINDSEY AUMICK DIRECTOR OF FINANCE 0 184139 0 35772 0 346 0 9856 0 7999 0 238112 0 0 SAMANTHA VICTOR-ALVARADO VP, HUMAN RESOURCES 0 132686 0 0 0 207 0 19219 0 20790 0 172902 0 0 LISA SCHIRO SR. DIRECTOR OF DEVELOPMENT 152619 0 1000 0 1319 0 6804 0 1310 0 163052 0 0 0 PART I, LINE 3 THE COMPENSATION COMMITTEE OF PRESBYTERIAN HOMES (SOLE MEMBER OF GENEVA FOUNDATION) IS RESPONSIBLE FOR ALL COMPENSATION AND BENEFIT MATTERS FOR SENIOR MANAGEMENT AND KEY EMPLOYEES. PRESBYTERIAN HOMES ANNUALLY PARTICIPATES IN AN INDUSTRY SPECIFIC EXECUTIVE COMPENSATION SURVEY. THE RESULTS OF THIS SURVEY ARE REVIEWED BY MANAGEMENT AND SHARED WITH THE COMMITTEE AS NECESSARY. IN ADDITION THE COMMITTEE REGULARLY ENGAGES AN EXTERNAL COMPENSATION CONSULTING FIRM TO ASSIST IN ITS REVIEW OF THE LEVEL OF COMPENSATION, INCENTIVES AND BENEFITS FOR SENIOR EXECUTIVES AND KEY EMPLOYEES EVERY THREE YEARS. THE COMPENSATION CONSULTANTS ACCUMULATE AND PRESENT TO THE COMPENSATION COMMITTEE MARKET INFORMATION FOR EACH SENIOR EXECUTIVE POSITION, SUMMARIZE INDIVIDUAL EXECUTIVE COMPENSATION, INCENTIVE AND BENEFITS PACKAGES AND BENCHMARK THAT INFORMATION TO THE INDUSTRY DATA THEY HAVE ACCUMULATED. ANNUALLY, THE ORGANIZATION'S STAFF AND/OR THE BOARD OF DIRECTORS PREPARES PERFORMANCE REVIEWS FOR ALL SENIOR MANAGERS AND KEY EMPLOYEES AND MAKES A RECOMMENDATION TO THE COMPENSATION COMMITTEE REGARDING COMPENSATION, INCENTIVES AND BENEFITS ADJUSTMENTS. THE COMPENSATION COMMITTEE CONSIDERS THE PERFORMANCE RECOMMENDATION, COMPARISONS OF TOTAL COMPENSATION BY EXECUTIVE TO MARKET COMPENSATION PERCENTILE FOR INDUSTRY EXECUTIVES WITH SIMILAR JOB TITLES AND/OR SKILL SETS, AND ORGANIZATIONAL NEEDS IN TERMS OF MEETING THE CHALLENGES OF THE UNIQUE BUSINESS OF PROVIDING SENIOR CARE SERVICES. THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION REGARDING COMPENSATION AND BENEFITS CHANGES FOR SENIOR MANAGEMENT WHICH IS APPROVED ANNUALLY BY THE FULL BOARD OF DIRECTORS WITHIN THE BUDGET PROCESS. THE COMPENSATION COMMITTEE PROCEEDINGS ARE CONTEMPORANEOUSLY DOCUMENTED AND MINUTES ARE MAINTAINED AND ON FILE AT THE CORPORATE OFFICE. PART I, LINE 4B PRESBYTERIAN HOMES (SOLE MEMBER OF GENEVA FOUNDATION) HAS ESTABLISHED A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. THE ORGANIZATION'S ACCRUALS INTO THE PLAN ARE RECORDED ON THE 990 AS DEFERRED COMPENSATION. HOWEVER, THESE MONIES VEST OVER A FIVE-YEAR PERIOD AND ARE ONLY ELIGIBLE TO BE RECEIVED BASED UPON THE ACHIEVEMENT OR SATISFACTION OF SOME FUTURE EVENT. THE PLAN CONTRIBUTIONS ARE NOT UNDER THE CONTROL OF THE EXECUTIVE, THEY REMAIN THE ASSET OF THE ORGANIZATION, AND THE ENTIRE PLAN IS SUBJECT TO A FULL RISK OF FORFEITURE BY THE INDIVIDUAL. DURING THE YEAR THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN: TODD SWORTZEL, NADIM ABI-ANTOUN AND MARK HAVRILKA. DURING THE YEAR TODD SWORTZEL RECEIVED PAYMENTS TOTALING $173,622 FROM A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. DURING THE YEAR NADIM ABI-ANTOUN RECEIVED PAYMENTS TOTALING $40,500 FROM A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. DURING THE YEAR MARK HAVRILKA RECEIVED PAYMENTS TOTALING $39,975 FROM A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION PLAN. EFFECTIVE APRIL 1, 2021, PRESBYTERIAN HOMES (SOLE MEMBER OF GENEVA FOUNDATION) HAS ESTABLISHED AN EXECUTIVE RETENTION BONUS PROGRAM, A NON-QUALIFIED SECTION 457(F) DEFERRED COMPENSATION AGREEMENT. THE ORGANIZATION'S ACCRUALS INTO THE AGREEMENT ARE RECORDED ON THE 990 AS DEFERRED COMPENSATION. THESE COMPENSATIONS ARE VESTED OVER A THREE-YEAR PERIOD FOR THE CEO AND COO, AND A FOUR-YEAR PERIOD FOR THE CFO, AND ARE SUBJECT TO EXECUTIVE'S SATISFACTION OF THE TERMS AND CONDITIONS OF THE AGREEMENT. THE CONTRIBUTIONS OF THIS AGREEMENT ARE NOT UNDER THE CONTROL OF THE EXECUTIVE, AND THEY REMAIN THE ASSET OF THE ORGANIZATION. THE ENTIRE AGREEMENT IS SUBJECT TO A FULL RISK OF FORFEITURE BY THE INDIVIDUAL. DURING THE YEAR THE FOLLOWING INDIVIDUALS PARTICIPATED IN THIS RETENTION BONUS PROGRAM: TODD SWORTZEL, NADIM ABI-ANTOUN, AND MARK HAVRILKA. PART I, LINE 7 AS INDICATED IN SCHEDULE J, PART II, THE OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION RECEIVED A BONUS BASED ON PERFORMANCE, CENSUS METRICS AND THE FINANCIAL RESULTS OF THE ORGANIZATION. THIS BONUS WAS APPROVED BY BOARD OF DIRECTORS UPON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. X 12 44874 FMV 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF PRESBYTERIAN HOMES SHALL SERVE AS THE EXECUTIVE COMMITTEE OF THE BOARD OF THE FOUNDATION. THE EXECUTIVE COMMITTEE SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD IN EMERGENCIES WHEN CONVENING THE FULL BOARD IS NOT PRACTICABLE AND SHALL REPORT ITS ACTIONS TO THE BOARD AT THE EARLIEST OPPORTUNITY. THE PRESIDENT/CEO SHALL BE A NON-VOTING ATTENDEE AT ALL MEETINGS OF THE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS AN AGREEMENT WITH PRESBYTERIAN HOMES MANAGER, LLC WHO EMPLOYS THE MANAGEMENT TEAM AND MANAGES THE FACILITIES AND PROVIDES A NUMBER OF SERVICES ON A CENTRALIZED BASIS UNDER THE TERMS OF A SEPARATE MANAGEMENT SERVICES AGREEMENT. PURSUANT TO THE MANAGEMENT SERVICES AGREEMENT, THE FEE IS DETERMINED ON AN ANNUAL BASIS BY AGREEMENT BETWEEN PH MANAGER, LLC AND THE ORGANIZATION. TOTAL MANAGEMENT FEES PAID FOR THE YEAR ENDED MARCH 31, 2024 WERE $316,164, 6.25% OF THE ORGANIZATION'S BUDGETED REVENUES. FORM 990, PART VI, SECTION A, LINE 6 PRESBYTERIAN HOMES IS THE SOLE CORPORATE MEMBER OF GENEVA FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A PRESBYTERIAN HOMES, IN ITS CAPACITY AS THE SOLE CORPORATE MEMBER OF GENEVA FOUNDATION, HAS THE AUTHORITY TO APPROVE ACTIONS OF THE BOARD OF DIRECTORS OF GENEVA FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7B PRESBYTERIAN HOMES, IN ITS CAPACITY AS THE SOLE CORPORATE MEMBER OF GENEVA FOUNDATION, HAS THE AUTHORITY TO APPROVE ACTIONS OF THE BOARD OF DIRECTORS OF GENEVA FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 OF GENEVA FOUNDATION OF PRESBYTERIAN HOMES IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, AND WAS THEN PRESENTED TO THE AUDIT COMMITTEE, WHICH ACTS AS A REPRESENTATIVE OF THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. THIS IS ACCOMPLISHED PRIOR TO THE FILING OF THE FORM 990. THE AUDIT COMMITTEE FORWARDS ITS RECOMMENDATION FOR ACCEPTANCE OF THE FORM 990 TO THE BOARD OF DIRECTORS. COPIES OF THE FORM 990 ARE ALSO FORWARDED TO THE ENTIRE BOARD FOR THEIR REVIEW AND COMMENT PERIOD. THE BOARD THEN ACTS ON THE RECOMMENDATION OF THE AUDIT COMMITTEE PRIOR TO THE 990 BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C AN EXTENSIVE CONFLICTS OF INTEREST POLICY WAS ADOPTED IN APRIL 2001 AND MOST RECENTLY REVISED IN 2019. THE POLICY DEFINES COVERED FIDUCIARIES AS PERSONS TO WHOM THIS POLICY APPLIES, AND INCLUDES ALL DIRECTORS, OFFICERS, IDENTIFIED KEY EMPLOYEES AND AGENTS OF PRESBYTERIAN HOMES. AN ANNUAL DISCLOSURE FORM IS PROVIDED TO ALL IDENTIFIED COVERED FIDUCIARIES FOR COMPLETION AND RETURN. PRESBYTERIAN HOMES ALSO ASKS ALL COVERED FIDUCIARIES TO PROVIDE DISCLOSURE WHENEVER CONFLICTS OR DUALITIES OF INTEREST ARISE OR ARE SUSPECTED. IN ADDITION, ALL COMMITTEE CHAIRS REMIND DIRECTORS AT ALL MEETINGS OF THE BOARD OR BOARD COMMITTEES TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS OR DUALITIES AS ONE OF THEIR ONGOING DUTIES UNDER THE POLICY. COVERED FIDUCIARIES ARE REQUIRED TO DISCLOSE ANY FACTS OR CIRCUMSTANCES THAT MIGHT GIVE RISE TO POTENTIAL CONFLICTS OR DUALITIES. THE PRESIDENT/CEO OR HIS/HER DESIGNEE REVIEWS THE ANNUAL DISCLOSURE STATEMENTS SUBMITTED BY COVERED FIDUCIARIES AND DETERMINE SPECIFICALLY ANY ACTUAL OR POTENTIAL CONFLICTS OR DUALITIES OF INTEREST. THE PRESIDENT/CEO/DESIGNEE SHALL ADVISE THE APPROPRIATE BOARD OR BOARD COMMITTEE CHAIR AND THE AFFECTED COVERED FIDUCIARY(IS) ON THOSE MATTERS FOR WHICH CERTAIN COVERED FIDUCIARIES SHOULD NOT VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE OF PRESBYTERIAN HOMES IS RESPONSIBLE FOR ALL COMPENSATION AND BENEFIT MATTERS FOR SENIOR MANAGEMENT AND KEY EMPLOYEES. PRESBYTERIAN HOMES ANNUALLY PARTICIPATES IN AN INDUSTRY SPECIFIC EXECUTIVE COMPENSATION SURVEY. THE RESULTS OF THIS SURVEY IS REVIEWED BY MANAGEMENT AND SHARED WITH THE COMMITTEE AS NECESSARY. IN ADDITION THE COMMITTEE REGULARLY ENGAGES AN EXTERNAL COMPENSATION CONSULTING FIRM TO ASSIST IN ITS REVIEW OF THE LEVEL OF COMPENSATION, INCENTIVES AND BENEFITS FOR SENIOR EXECUTIVES AND KEY EMPLOYEES EVERY THREE YEARS. THE COMPENSATION CONSULTANTS ACCUMULATE AND PRESENT TO THE COMPENSATION COMMITTEE MARKET INFORMATION FOR EACH SENIOR EXECUTIVE POSITION, SUMMARIZE INDIVIDUAL EXECUTIVE COMPENSATION, INCENTIVE AND BENEFITS PACKAGES AND BENCHMARK THAT INFORMATION TO THE INDUSTRY DATA THEY HAVE ACCUMULATED. ANNUALLY, THE ORGANIZATION'S STAFF AND/OR THE BOARD OF DIRECTORS PREPARES PERFORMANCE REVIEWS FOR ALL SENIOR MANAGERS AND KEY EMPLOYEES AND MAKES A RECOMMENDATION TO THE COMPENSATION COMMITTEE REGARDING COMPENSATION, INCENTIVES AND BENEFITS ADJUSTMENTS. THE COMPENSATION COMMITTEE CONSIDERS THE PERFORMANCE RECOMMENDATION, COMPARISONS OF TOTAL COMPENSATION BY EXECUTIVE TO MARKET COMPENSATION PERCENTILE FOR INDUSTRY EXECUTIVES WITH SIMILAR JOB TITLES AND/OR SKILL SETS, AND ORGANIZATIONAL NEEDS IN TERMS OF MEETING THE CHALLENGES OF THE UNIQUE BUSINESS OF PROVIDING SENIOR CARE SERVICES. THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION REGARDING COMPENSATION AND BENEFITS CHANGES FOR SENIOR MANAGEMENT WHICH IS APPROVED ANNUALLY BY THE FULL BOARD OF DIRECTORS WITHIN THE BUDGET PROCESS. THE COMPENSATION COMMITTEE PROCEEDINGS ARE CONTEMPORANEOUSLY DOCUMENTED AND MINUTES ARE MAINTAINED AND ON FILE AT THE CORPORATE OFFICE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST TO THE PUBLIC. CONTACT FOR THE INFORMATION IS THE CHIEF FINANCIAL OFFICER, MARK HAVRILKA AT PRESBYTERIAN HOMES, 8707 SKOKIE BOULEVARD, SUITE 400, SKOKIE, IL 60077. THE FINANCIAL STATEMENTS ARE AVAILABLE THROUGH THE ILLINOIS ATTORNEY GENERAL'S OFFICE. FORM 990, PART VII, SECTION A: THE CEO ASSIGNS 80 PERCENT OF HIS TIME TO RELATED ORGANIZATIONS, PRESBYTERIAN HOMES AND WESTMINSTER PLACE, AND 20 PERCENT OF HIS TIME TO THE FILING ORGANIZATION, GENEVA FOUNDATION THE CFO, DIRECTOR OF FINANCE AND VP OF HUMAN RESOURCES ASSIGN 5 PERCENT OF THEIR TIME TO THE GENEVA FOUNDATION. THE SENIOR DIRECTOR OF DEVELOPMENT ASSIGNS 100 PERCENT OF HER TIME TO THE GENEVA FOUNDATION. COMPENSATION REPORTED FOR THE SENIOR DIRECTOR OF DEVELOPMENT, LISA SCHIRO, HAS BEEN PAID BY A RELATED ORGANIZATION AND COMMON PAYMASTER, PRESBYTERIAN HOMES EIN# 47-1545753. SINCE ALL SERVICES PERFORMED BY THIS INDIVIDUAL WERE FOR GENEVA FOUNDATION, THE COMPENSATION HAS BEEN REPORTED IN COLUMN D AS IF PAID BY THE ORGANIZATION. PRESBYTERIAN HOMES HAS COMPLIED WITH PAYROLL FILING REQUIREMENTS. FORM 990, PART XII, LINE 2A & 2B: THE FINANCIAL STATEMENTS FOR PRESBYTERIAN HOMES AND AFFILIATE (GENEVA FOUNDATION) ARE AUDITED BY AN INDEPENDENT AUDITOR. ADDITIONALLY, GENEVA FOUNDATION OBTAINS AN AUDIT ON A SEPARATE BASIS, INCLUDING ONLY THE ACTIVITIES OF GENEVA FOUNDATION. PRESBYTERIAN HOMES 8707 SKOKIE BOULEVARD SUITE 400 SKOKIE IL 60077 471545753 LIFE PLAN COMMUNITIES IL 501(C)(3) LINE 10 N/A 0 WESTMINSTER PLACE 3200 GRANT STREET EVANSTON IL 60201 362137832 LIFE PLAN COMMUNITIES IL 501(C)(3) LINE 10 PRESBYTERIAN HOMES 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0