2024-06-26T14:11:12-05:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-01-01 231382402 FREDERICK MENNONITE COMMUNITY FRED 6107547878 2849 BIG ROAD ZIEGLERVILLE PA 19492 NATHANIEL WEBER CFO 6107547878 2024-06-26 1 NATHANIEL WEBER XXX-XX-XXXX 0 X KERRI N BOGDA CPA P00760402 7177404863 2024-06-26 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z FREDERICK LIVING MICHAEL HAGARTY 2849 BIG ROAD ZIEGLERVILLE PA 19492 24046690 0 X WWW.FREDERICKLIVING.ORG X 1973 PA A WELCOMING, FAITH-BASED CONTINUING CARE RETIREMENT COMMUNITY OFFERING VARIOUS SERVICES. 10 10 289 152 0 0 416784 405467 19039549 19494705 1129083 266973 610567 1715317 21195983 21882462 15330 13135 0 0 10574154 10293245 0 0 125235 13040288 13387313 23629772 23693693 -2433789 -1811231 49466810 51187122 45978693 48329656 3488117 2857466 X IN THE SPIRIT OF CHRISTIAN LOVE, FREDERICK LIVING CARES FOR AND ENRICHES THE LIVES OF OLDER ADULTS, WHILE VALUING THE STAFF, VOLUNTEERS AND COMMUNITY THAT SERVE THEM. 0 0 19058823 13135 19494705 FREDERICK LIVING OPERATES A CONTINUING CARE RETIREMENT COMMUNITY (LIFE PLAN COMMUNITY), WHICH PROVIDES HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO PRIMARILY OLDER ADULTS THROUGH THE OPERATION OF A 61-BED NURSING FACILITY, A 104-BED PERSONAL CARE FACILITY, 31 PERSONAL CARE DEMENTIA UNITS, AND 166 RESIDENTIAL LIVING APARTMENTS AND COTTAGES.FREDERICK LIVING ALSO PROVIDES CHARITY CARE TO RESIDENTS WHO MEET CERTAIN CRITERIA WITHOUT CHARGE OR AT AMOUNTS LESS THAN ESTABLISHED RATES. CHARGES FORGONE FOR SERVICES RENDERED AND SUPPLIES FURNISHED UNDER THE CHARITY CARE POLICY AMOUNTED TO APPROXIMATELY $627,000 IN 2023.IN 2023, FREDERICK LIVING PROVIDED APPROXIMATELY $1,990,000 TOWARD DIRECT BENEVOLENT CARE AND SUBSIDIZED ALLOWANCES TO RESIDENTS. IN ADDITION, FREDERICK LIVING CONTRIBUTED FINANCIALLY TO MANY NON-PROFIT ORGANIZATIONS INCLUDING THE ALZHEIMER'S ASSOCIATION, LOCAL AMBULANCE AND FIRE COMPANIES, AND A VARIETY OF MINISTRIES LOCATED THROUGHOUT THE AREA. FREDERICK LIVING ALSO ALLOWS LOCAL ORGANIZATIONS/GROUPS TO MEET ON CAMPUS AT NO CHARGE. THESE GROUPS HAVE INCLUDED THE ALZHEIMER'S SUPPORT GROUP, UPPER PERKIOMEN CHAMBER OF COMMERCE, BOYERTOWN SCHOOL DISTRICT ATHLETIC CLUBS, AND CHURCH RELATED MINISTRIES. FREDERICK LIVING IS COMMITTED TO PARTNERING WITH OUR LOCAL COMMUNITY AND HAVING A POSITIVE IMPACT THROUGH COLLABORATION AND ACTIVE PARTICIPATION. FOR CALENDAR YEAR 2023, THE AVERAGE OCCUPANCY PERCENTAGE IS 100% FOR RESIDENTIAL LIVING, 84% FOR PERSONAL CARE AND 98% FOR SKILLED BEDS. 19058823 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 33 0 289 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X NATHANIEL WEBER 7173556049 433 SOUTH KINZER AVENUE NEW HOLLAND PA 17557 NATHAN YORGEY CHAIR 1.00 0.00 X X 0 0 0 SHARON HOHLFELD VICE CHAIR 1.00 0.00 X X 0 0 0 REBECCA CAMPBELL VICE CHAIR TO 3/27/23 1.00 0.00 X X 0 0 0 PAT KRATZ INTERIM TREASURER AS OF 1/23 1.00 0.00 X X 0 0 0 MICHELLE FORSELL SECRETARY 1.00 0.00 X X 0 0 0 JAMES LANDIS DIRECTOR 1.00 0.00 X 0 0 0 ROBERT NASE DIRECTOR 1.00 0.00 X 0 0 0 SUNITA NIKERLE DIRECTOR 1.00 0.00 X 0 0 0 STEVEN WEIDNER DIRECTOR 1.00 0.00 X 0 0 0 JOE GENUARDI DIRECTOR 1.00 0.00 X 0 0 0 GREG LEVENGOOD DIRECTOR AS OF 1/23 1.00 0.00 X 0 0 0 BRIAN FALLON VP OF FINANCIAL SERVICES TO 8/23 40.00 0.00 X 105130 0 15506 MICHELLE RASSLER CEO TO 09/23 40.00 0.00 X 474768 0 11535 MICHAEL HAGARTY EXECUTIVE DIRECTOR AS OF 9/1/23 40.00 0.00 X 149996 0 23503 LISA PIERCE VP TALENT & CULTURE 40.00 0.00 X 202555 0 3879 JAMES STAATS CONTROLLER 40.00 0.00 X 125039 0 1394 GREGORY WITTERS CAMPUS DIRECTOR 40.00 0.00 X 118782 0 11852 VICKI KRICZKY DIRECTOR OF MARKETING/SALES 40.00 0.00 X 118797 0 1385 AMY COMMINGS-LEIGHT DIRECTOR OF ADVANCEMENT 40.00 0.00 X 102929 0 1285 1397996 0 70339 10 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 DINING SERVICES 1934714 BELFOR USA 754 ROBLE ROAD STE 150 ALLENTOWN PA 18109 CONSTRUCTION SERVICES 1015470 WARFEL CONSTRUCTION 1110 ENTERPRISE ROAD EAST PETERSBURG PA 17520 CONSTRUCTION SERVICES 763801 SYMBRIA REHAB 28100 TORCH PARKWAY WARRENVILLE IL 60555 PHYSICAL THERAPY 672750 COMMERCIAL FLOORING INC 1004 RANA VILLA AVENUE CAMP HILL PA 17011 FLOORING SERVICES 540516 23 51605 353862 405467 NET RESIDENT SVC REV 623000 19477636 19477636 PA NURSING HM ASSESSMT 623000 17069 17069 19494705 225597 225597 3000 310 2690 2690 2690 2205294 2102133 61785 103161 -61785 41376 41376 INSURANCE RECOVERY 900099 1524458 1524458 BARBER/BEAUTY SHOP REVENUE 812900 76385 76385 MEAL REVENUE 900099 69114 69114 42670 42670 1712627 21882462 19494705 0 1982290 X 13135 13135 768469 768469 7637627 6256704 1282199 98724 159054 159054 1131943 919404 212539 596152 458321 130094 7737 330190 330190 293303 293303 63947 63947 63977 63977 3987886 3749793 237995 98 89989 78255 11734 622413 408132 213270 1011 261882 455 259480 1947 1617673 1617673 11546 1446 9829 271 36698 19366 16429 903 767939 767939 3261529 3261529 264630 264630 REPAIRS & MAINTENANCE 484926 484926 FOOD, ENTERTAINMENT & A 327484 194610 131410 1464 BAD DEBT 155014 155014 LICENSES & FEES 145044 41777 103267 601243 443969 155928 1346 23693693 19058823 4509635 125235 1257866 339431 170269 675731 243741 184142 1198339 1177719 359997 351007 86130137 48234705 36426636 37895432 9095269 9782694 714693 780966 49466810 51187122 1747655 2525765 12726538 12714647 15223135 15058353 1893435 3499879 14387930 14531012 45978693 48329656 X 1734002 991250 1754115 1866216 3488117 2857466 49466810 51187122 X -1811231 1116845 63735 X 0 1 X 1 0 X 642766 1202529 3176899 416784 405467 5844445 22398198 21069059 20269224 19039549 19494705 102270735 201183 90409 106407 141023 145499 684521 23242147 22361997 23552530 19597356 20045671 108799701 20000 26779 15000 5000 66779 0 20000 26779 15000 5000 66779 108732922 144005 145639 158747 157965 228597 834953 144005 145639 158747 157965 228597 834953 33994 52354 88045 466854 1567128 2208375 23420146 22559990 23799322 20222175 21841396 111843029 0.97220 0.98650 0.00750 0.00660 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: ALL OTHER REV - 2019 AMOUNT: $ 1,564. 2020 AMOUNT: $ 626. 2021 AMOUNT: $ 2,141. 2022 AMOUNT: $ 1,448. 2023 AMOUNT: $ 6,945. IN-HOUSE CATERING - 2019 AMOUNT: $ 12,417. 2020 AMOUNT: $ 1,152. 2021 AMOUNT: $ 602. 2022 AMOUNT: $ 890. 2023 AMOUNT: $ 1,529. PCRRG POLICYHOLDER DIST - 2019 AMOUNT: $ 6,703. 2021 AMOUNT: $ 4,547. 2023 AMOUNT: $ 13,865. COVENANT HEALTH ALLIANCE OF PA REBATE - 2019 AMOUNT: $ 13,310. 2020 AMOUNT: $ 2,999. UNIT UPGRADES - 2020 AMOUNT: $ 28,790. SODEXO REBATE - 2020 AMOUNT: $ 18,787. 2021 AMOUNT: $ 21,901. 2022 AMOUNT: $ 14,516. 2023 AMOUNT: $ 20,331. INSURANCE CLAIM - 2021 AMOUNT: $ 6,323. EE HOLIDAY GIFT - 2021 AMOUNT: $ 52,531. INSURANCE RECOVERY - 2022 AMOUNT: $ 450,000. 2023 AMOUNT: $ 1,524,458. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5627962 499214 712676 86 6839766 5995639 -315650 52027 5627962 5208770 837650 50781 5995639 4759622 492965 43817 5208770 3999762 220000 581116 41256 4759622 0.93210 0.06790 0.00000 0 0 933195 933195 74477828 41785167 32692661 7406344 6046952 1359392 3312770 402586 2910184 37895432 REFUNDABLE FEES AND DEPOSITS 14409802 RESIDENT TRUST FUNDS AND OTHER 16572 HEALTHCARE RESERVE 104638 14531012 22998540 1116845 -62862 1053983 21944557 -62095 -62095 21882462 23629191 62095 62095 23567096 126597 126597 23693693 PART V, LINE 4: THE PRINCIPAL GIFTS ARE TO BE HELD IN PERPETUITY, WHILE INCOME FROM THE FUND CAN BE USED TO SUPPORT FREDERICK LIVING'S OPERATIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: VALUATION GAIN, BENEFICIAL INTEREST IN PERPETUAL TRUST 63,735. DEMOLITION COSTS -126,597. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -310. LOSS ON DISPOSAL OF ASSETS NETTED AGAINST EXPENSES -61,785. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 310. LOSS ON DISPOSAL OF ASSETS NETTED AGAINST EXPENSES 61,785. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEMOLITION COSTS 126,597. X X X 0 0 0 0 0 0 0 0 0 MICHELLE RASSLER CEO TO 09/23 474768 0 0 0 0 0 10357 0 1178 0 486303 0 0 0 LISA PIERCE VP TALENT & CULTURE 202555 0 0 0 0 0 0 0 3879 0 206434 0 0 0 MICHAEL HAGARTY EXECUTIVE DIRECTOR AS OF 9/1/23 149996 0 0 0 0 0 21892 0 1611 0 173499 0 0 0 A FRANCONIA TWP INDUSTRIAL DEVELOPMENT AUTHORITY 232268091 2017-12-28 19551492 REFINANCE 05, 07, 09 & 15 BONDS 0 0 0 A 4302866 19551492 237116 3788365 15526011 2017 1 0 1 1 A 0 0 1 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 0 0 0 0 0 A 0 SCHEDULE K, PART III LINE 9; PART IV LINE 7; AND PART V FREDERICK MENNONITE COMMUNITY IS IN THE PROCESS OF PUTTING FORMAL WRITTEN POLICIES IN PLACE TO MONITOR AND COMPLY WITH ALL BOND REQUIREMENTS, INCLUDING ANY POTENTIAL VIOLATIONS OF FEDERAL TAX REQUIREMENTS. SCHEDULE K, PART III Q3A THE MANAGEMENT OR SERVICE CONTRACTS IN PLACE DID NOT RESULT IN PRIVATE BUSINESS USE OF THE BOND FINANCED PROPERTY. FORM 990, PART VI, SECTION A, LINE 3 DIETARY SERVICES ARE MANAGED BY SODEXO INC. AND AFFILIATES. FORM 990, PART VI, SECTION B, LINE 11B THE VP OF FINANCIAL SERVICES AND CEO REVIEWED THE 990 IN DETAIL. PRIOR TO THE SUBMISSION OF FORM 990, THE BOARD RECEIVED FORM 990 FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS LOOKS AT THE SELF-MONITORING CONFLICT OF INTEREST POLICY AND EACH MEMBER IS REQUIRED TO DECLARE IF HE OR SHE NEEDS TO ABSTAIN FROM A VOTE WHERE THERE IS A POTENTIAL CONFLICT OF INTEREST. EACH DIRECTOR PROVIDES A SIGNED ANNUAL CONFLICT OF INTEREST STATEMENT TO THE EXECUTIVE SECRETARY WHO MONITORS COMPLIANCE WITH THE POLICY. AS FOR COMPLIANCE, FREDERICK LIVING CONTRACTS WITH FRIENDS SERVICE ALLIANCE WHICH PROVIDES OVERSIGHT OF OUR COMPLIANCE PROGRAM WHICH INCLUDES QUARTERLY LIAISON MEETINGS, QUARTERLY ON-SIGHT VISITS, AND A 24 HOUR HOTLINE. ALSO THE INTERNAL CORPORATE COMPLIANCE LIAISON PRESENTS A CORPORATE COMPLIANCE REVIEW AT THE MONTHLY EMPLOYEE/NEW EMPLOYEE ORIENTATION. FORM 990, PART VI, SECTION B, LINE 15 CEO COMPENSATION IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. OFFICERS AND KEY EMPLOYEE COMPENSATION IS REVIEWED BY THE CEO ANNUALLY DURING BUDGET DISCUSSION. SALARIES ARE COMPARED TO THE MOST RECENT LEADINGAGE SALARY SURVEY AS WELL AS REVIEWED AGAINST LOCAL COMPETITORS. THE FINANCE COMMITTEE REVIEWS AND APPROVES THE BUDGET ON AN ANNUAL BASIS. REVIEW AND APPROVAL PROCESS IS DOCUMENTED VIA COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G MEDICAL PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 14,048. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,048. OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,813. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,813. OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 1,096,150. MANAGEMENT AND GENERAL EXPENSES 118,399. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,214,549. CONSULTANT: PROGRAM SERVICE EXPENSES 32,179. MANAGEMENT AND GENERAL EXPENSES 115,783. FUNDRAISING EXPENSES 98. TOTAL EXPENSES 148,060. CONTRACTERD THERAPY SERVICES: PROGRAM SERVICE EXPENSES 596,643. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 596,643. CONTRACTED DINING: PROGRAM SERVICE EXPENSES 2,010,773. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,010,773. FORM 990, PART XI, LINE 9: VALUATION GAIN, BENEFICIAL INTEREST IN PERPETUAL TRUST 63,735.