Golden Years Homestead Inc

“Compensation for the organization's top management official is paid by the management company therefore, the form 990 instructions require this to be answered "no".”

“Compensation for the organization's other officers are paid by the management company therefore, the form 990 instructions require this to be answered "no".”

“All committee members are board members. The executive committee interviews new board members, has the authority to make emergency decisions when the full board cannot meet, and they make recommendations to the board. Other committees can make recommendations to the board but do not have the authority to act on their own.”

“Greencroft communities provides executive support for the board governance functions, the services of ceo and cfo, and provides the services of the vp of human resources, marketing, information services and corporate compliance. The following officers listed on part vii were compensated by greencroft communities. The prorated portion of compensation for services provided to this organization is as follows: steve schaaf, vp of operations - $218,884 scott martin, treasurer - $3,157 rydell bontrager, secretary - $5,016 aimee riemke, assistant secretary - $4,612 eric hershberger, assistant treasurer - $2,217”

“Christian ministries, inc shall be the sole member of the organization.”

“The sole member of the organization shall select and appoint the directors.”

“Vacancies in the board membership by death, resignation, or removal, shall be filled by appointment by the sole member, based on nominations from the corporation. No amendment of the bylaws shall take effect until approved by the sole member.”

“A full copy of the form 990 will be provided to the finance (audit) committee and reviewed before the filing of the return. The remainder of the board will be provided a copy of form 990 to review prior to filing.”

“The governing body maintains records of interest that might cause conflicts and updates this at each quarterly meeting. In order to avoid conflict of interest, members of our board of directors who have a business relationship with the corporation will be excused from the meeting during any discussion or vote regarding the director's business relationship with the corporation. Conflict of interest questionnaires are sent out annually to all board members and officers. The questionnaires were reviewed by management for potential conflicts.”

“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.”

“Golden years homestead inc is a retirement & health care center. Our non-for-profit, christian commitment has allowed us to hold our aging in reverence by providing multiple care options from independent living and short-term rehabilitation stays to long term care.”

“The organization provides nursing care in a home as well as in independent living units for the elderly. Our nursing facility contains 111 comprehensive care beds. Residents may choose between private and semi-private rooms. Eighty-five of the 111 beds are medical, and the remaining 26 are secure care. Secure care has been designed with the special needs of alzheimer's residents in mind. Thirteen beds are utilized for short-term physical rehab (less than 100 days) within the facility. We offer 44 assisted living rooms with 24-hour care. Independent living consists of 72 villas in our fort wayne, in campus. 2% of total revenue was used to provide community benefits, which include the following amounts; indigent care/charity care $376,150 for for fye june 30, 2024.”

“PAYROLL PROCESSING - Total Expense: 44905, Program Service Expense: 15268, Management and General Expenses: 29637, Fundraising Expenses: ; CLINICAL SERVICES - Total Expense: 33498, Program Service Expense: 11389, Management and General Expenses: 22109, Fundraising Expenses: ; OTHER - Total Expense: 1553986, Program Service Expense: 528355, Management and General Expenses: 1025631, Fundraising Expenses: ;”

“Change in value of interest rate swap agreements - 189187;”

“This process has not changed from the prior year.”