Organizations Filed Purposes:
TO PROVIDE A QUALITY, STIMULATING, AND SAFE COMMUNITY THAT PROMOTES INDEPENDENCE AND WELLNESS THROUGH INNOVATIVE PROGRAMS, SUPPORTIVE SERVICES, AND AN EXCEPTIONAL STAFF. WE RESPECT AND VALUE THE DIGNITY OF EACH PERSON THROUGH OUR AFFILIATION WITH METHODIST HEALTHCARE. WE SERVE THE COMMUNITY AS A RESOURCE FOR SENIOR WELLNESS PROGRAMS AND INFORMATION.
TO OPERATE AS A CONTINUING CARE RETIREMENT COMMUNITY
THE VILLAGE AT GERMANTOWN, INC. (THE COMPANY) WAS FORMED ON JULY 25, 2000 AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS AND REGULATIONS OF THE STATE OF TENNESSEE. THE COMPANY'S PURPOSE IS TO ACQUIRE REAL PROPERTY AND TO DEVELOP, MARKET AND OPERATE THE PROPERTY AS A CONTINUING CARE RETIREMENT COMMUNITY IN SHELBY COUNTY, TENNESSEE, KNOWN AS THE VILLAGE AT GERMANTOWN, INC. (THE PROJECT). THE CCRC CONSISTS OF 230 INDEPENDENT LIVING UNITS (INCLUDING 202 APARTMENTS AND 28 PATIO HOMES), AND A HEALTHCARE CENTER CONSISTING OF 32 ASSISTED LIVING UNITS, 16 SPECIAL CARE DEMENTIA UNITS, AND 50 SKILLED NURSING BEDS. PERMANENT FINANCING OF THE PROJECT OCCURRED IN DECEMBER OF 2003 WITH CONSTRUCTION BEGINNING THAT SAME MONTH. THE PROJECT WAS SUBSTANTIALLY AVAILABLE FOR OCCUPANCY BEGINNING ON OCTOBER 2005. IN FISCAL 2019, THE VILLAGE BILLED 33,125 HEALTHCARE DAYS - 4,922 FOR DEMENTIA, 11,924 FOR ASSISTED LIVING, AND 16,279 FOR SKILLED. OF THESE DAYS, 7,100 WERE MEDICARE DAYS AND 26,025 PRIVATE PAY DAYS/INSURANCE BILLABLE DAYS. OUR INDEPENDENT LIVING OCCUPANCY WAS 213 OF 230.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Michael Craft | CEO | 40 | $208,083 |
| Leslie Reed | DIRECTOR OF MARKETING | 40 | $149,756 |
| Melissa Rukstad | DIRECTOR OF WELLNESS | 40 | $142,996 |
| Rebecca Derousse | VP OF HEALTHCARE SERVICES | 40 | $139,143 |
| Clay Collins | CFO | 40 | $125,565 |
| Rita Sparks | DIRECTOR | 1 | $0 |
| Jean Morton | DIRECTOR | 1 | $0 |
| Chris Mclean | DIRECTOR | 1 | $0 |
| Mark Halperin | DIRECTOR | 1 | $0 |
| Dr James Harkess | SECRETARY | 1 | $0 |
| William Kenley | CHAIRMAN | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202003189349307325_public.xml