2024-09-25T12:26:59-05:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-01-01 231396804 THE PHILADELPHIA PROTESTANT HOME PHIL 2156978000 6500 TABOR AVENUE PHILADELPHIA PA 19111 JUSTIN W STOLTE CPA CHIEF FINANCIAL OFFICER 2156978000 2024-09-19 1 0 X KERRI N BOGDA CPA P00760402 7177404863 2024-09-19 2023 2024-08-08 14:25:15Z JUSTIN W STOLTE CPA 6500 TABOR AVENUE PHILADELPHIA PA 19111 35958374 0 X PPHFAMILY.ORG X 1890 PA OPERATE A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING AND HEALTHCARE TO RESIDENTS. 15 14 594 155 506 0 4155207 1141865 26915934 28749703 1540145 1537736 761354 791260 33372640 32220564 5264 8526 0 0 20276797 19985529 0 0 140572 12158443 12923399 32440504 32917454 932136 -696890 57362853 55878841 26992174 25333196 30370679 30545645 X GUIDED BY CHRISTIAN VALUES, THE MISSION OF THE PHILADELPHIA PROTESTANT HOME IS TO PROVIDE A CARING SENIOR LIVING COMMUNITY THAT AFFORDS ITS RESIDENTS THE OPPORTUNITY TO ACHIEVE THEIR HIGHEST POSSIBLE QUALITY OF LIFE. 0 0 28253736 8526 28749703 THE PHILADELPHIA PROTESTANT HOME [PPH], A CONTINUING CARE RETIREMENT COMMUNITY, OFFERS A FULL CONTINUUM OF CARE FOR THOSE 62 YEARS OF AGE OR OLDER. LIVING AT PPH ALLOWS RESIDENTS TO LIVE THEIR LIVES TO THE FULLEST. THIS LIFE PLAN COMMUNITY IS TUCKED AWAY ON AN EXPANSIVE 13 ACRE CAMPUS IN A SECURE, NATURE-FILLED OASIS. IT IS IDEALLY LOCATED WITH EASY ACCESS THROUGHOUT THE CITY. PPH OFFERS A FULL RANGE OF OPTIONS INCLUDING INDEPENDENT LIVING, PERSONAL CARE, MEMORY CARE, REHABILITATION AND SKILLED NURSING. PPH IS A WELCOMING, ACCEPTING COMMUNITY OF INCLUSION, REFLECTED IN ITS DIVERSE RESIDENT POPULATION. PPH OFFERS BEAUTIFULLY LANDSCAPED GARDENS, PAVED WALKING PATHS, A BOCCE COURT AS WELL AS GARDEN SPACES FOR RESIDENTS TO GROW THEIR OWN VEGETABLES. THE INDOOR CAMPUS OFFERS VARIOUS LOUNGES AND DINING AREAS, AN ACTIVITY AND ARTS CENTER, A GREENHOUSE, A FULLY EQUIPPED FITNESS CENTER WITH A HEATED INDOOR POOL, A BOWLING ALLEY, SOCIAL HALL FOR PERFORMANCES, A CHAPEL, AND A LIBRARY. EVERY ELEMENT OF OUR CAMPUS IS DESIGNED TO ENCOURAGE AN ACTIVE AND VIBRANT LIFESTYLE THAT ENGAGES THE MIND, BODY AND SPIRIT. OTHER AMENITIES INCLUDE ON-SITE BANKING, A GIFT SHOP, PHARMACY, PRIMARY CARE MEDICAL PRACTICE AND A CONVENIENCE STORE. PPH'S MISSION IS TO PROVIDE A CARING SENIOR LIVING COMMUNITY THAT AFFORDS ITS RESIDENTS THE OPPORTUNITY TO ACHIEVE THEIR HIGHEST POSSIBLE QUALITY OF LIFE. CORE VALUES INCLUDE: INTEGRITY, QUALITY CARE, RESPECT, FRIENDLINESS, COMPASSION AND COMFORT.FINANCIAL RESOURCES: THE NURSING FACILITY, PATHWAYS, IS AN ACTIVE PARTICIPANT IN THE MEDICARE AND MEDICAID PROGRAMS AND IN 2023 52.8% OF THE NURSING HOME DAYS WERE FOR THESE TWO PROGRAMS. IN 2023, PPH SERVED OVER 400 SENIORS ON THE CAMPUS IN PERSONAL CARE, INDEPENDENT LIVING, SKILLED NURSING, AND REHABILITATION. PPH BENEVOLENT CARE SUPPORTS RESIDENTS WHO HAVE OUTLIVED THEIR FINANCIAL RESOURCES AND NO LONGER ARE ABLE TO AFFORD THEIR COST OF CARE. THE NEED FOR BENEVOLENT CARE FUNDS INCREASES EACH YEAR AND PPH PROVIDED MORE THAN $1,046,000 IN 2023, ALLOWING RESIDENTS TO REMAIN IN THE PLACE THEY CALL HOME WHILE CONTINUING TO RECEIVE THE QUALITY CARE THEY NEED AND DESERVE. PPH PROVIDES SPACE FOR MEETINGS AND EVENTS FREE OF CHARGE TO THE COMMUNITY, CHURCHES, AND CIVIC ORGANIZATIONS. PPH LEADERS PARTICIPATE IN LOCAL COMMUNITY AND BUSINESS ASSOCIATIONS. THE COMMUNITY IS INVITED TO ATTEND FREE EDUCATIONAL SEMINARS ON AGING AND WELLNESS, SUMMER CONCERTS, AND SOCIAL ACTIVITIES. BAKE SALES FOR THE ALZHEIMER'S ASSOCIATION AND RESIDENT INITIATED FOOD COLLECTIONS ARE ONGOING. THE PPH WELLNESS CENTER IS ONE OF THE FEW IN THE PHILADELPHIA AREA THAT PROVIDES ACCESS AND AFFFORDABILITY TO COMMUNITY MEMBERS WHICH INCLUDES USE OF CLASSES IN YOGA, TAI CHI, CHAIR AEROBICS, AND USE OF THE HEATED POOL AND EXERCISE EQUIPMENT. ONE CAMPUS, ONE SUPPORTIVE TEAM, ONE FAMILY. LONG EMPLOYEE TENURES, SO MUCH SO THAT MANY CHOOSE PPH AFTER RETIREMENT. PPH ENGAGES VOLUNTEERS ONSITE INCLUDING OVER 155 VOLUNTEERS, 122 RESIDENTS, 21 COMMUNITY VOLUNTEERS PROVIDING 22,240 VOLUNTEER HOURS WITH A RECOGNITION EVENT HELD DURING THE NATIONAL OBSERVANCE MONTH.MANY SPECIAL ACTIVITIES AND PROGRAMS ARE COORDINATED AT PPH INCLUDING: "REMEMBERING PEARL HARBOR" FLAG RAISING, VETERANS GROUP, PROGRAMS TO HONOR BLACK HISTORY MONTH AND WOMAN'S HISTORY MONTH, MONTHLY PRAYER BREAKFAST, EASTER EGG HUNT, ORGANIZED TRIPS, EXHIBITIONS, EXCURSIONS, JUNETEENTH CELEBRATION, A SPECIAL EVENT "DREAM FLIGHTS" FOR VETERANS IN 2023, A CAMPUS-WIDE SMILE DAY CELEBRATION, DANCE PARTIES, ART SHOW, PERFORMANCE OF THE PHILADELPHIA BOYS CHOIR, AND BOCCE BALL TOURNAMENT IN 2023. 28253736 1 1 0 1 0 0 0 0 1 1 1 0 0 0 0 1 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 66 0 594 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JUSTIN W STOLTE CPA CHIEF FINANC 2156978000 6500 TABOR AVENUE PHILADELPHIA PA 19111 JOHN DUBYK PRESIDENT/CEO 45.00 X X 221045 0 41769 CATHERINE NEMETH CHAIRPERSON 1.00 X X 0 0 0 JEAN GIBSON VICE CHAIRPERSON 1.00 X X 0 0 0 IAN M DOUGHERTY TREASURER 1.00 X X 0 0 0 W RUSSELL KOERWER BOARD MEMBER 1.00 X 0 0 0 PATRICIA LONG BOARD MEMBER 1.00 X 0 0 0 ANTHONY J LUONGO BOARD MEMBER 1.00 X 0 0 0 BARBARA BECKMAN BOARD MEMBER 1.00 X 0 0 0 BILL BROWN BOARD MEMBER 1.00 X 0 0 0 FR ALFONSO J CONCHA BOARD MEMBER 1.00 X 0 0 0 ARTHUR J DONLEY JR BOARD MEMBER 1.00 X 0 0 0 WILLIAM L GROSS BOARD MEMBER 1.00 X 0 0 0 REV DR KRISTOPHER HALSEY BOARD MEMBER 1.00 X 0 0 0 TIMOTHY HINCHCLIFF BOARD MEMBER 1.00 X 0 0 0 ERIC SIGEL BOARD MEMBER 1.00 X 0 0 0 JARROD LEO INTERIM CFO (UNTIL 4/23) 40.00 X 60524 0 0 JOHN SMITH CFO/VP OF FINANCE (4/23 TO 8/23) 40.00 X 60560 0 0 JUSTIN STOLTE CPA CFO/VP OF FINANCE (AS OF 12/23) 45.00 X 9251 0 1213 JENNIFER HONEYFORD VP, SKILLED NURSING & REHAB 40.00 X 145732 0 4898 DAPHNE FLOYD VP, HUMAN RESOURCES 40.00 X 143220 0 26507 SHANNON GRIEB VP, MARKETING 40.00 X 131244 0 16029 MARIE SALADIN-ETIENNE LICENSED PRACTICAL NURSE 40.00 X 121227 0 6494 KERLINE LOUISSAINT REGISTERED NURSE 40.00 X 120526 0 20296 1013329 0 117206 16 0 1 0 MORRISON MANAGEMENT SPECIALISTS 400 NORTHRIDGE ROAD SUITE 600 ATLANTA GA 30350 FOOD SERVICE 2574665 WISE GUYS CONSTRUCTION LLC 8001 CASTOR AVENUE PHILADELPHIA PA 19152 CONSTRUCTION 785230 SELECT REHABILITATION PO BOX 71985 CHICAGO IL 60694 REHABILIATION SERVICES 747964 ELITE ELEVATOR SERVICES 8021 N CRESCENT BOULEVARD SUITE 5 PENNSAUKEN NJ 08110 ELEVATOR REPAIRS 423704 PETERSON SERVICE COMPANY 234 RT 70 MEDFORD NJ 08055 HVAC CONTRACTOR 249419 22 1141865 1141865 NURSING REVENUE 623000 15151474 15151474 PERSONAL CARE REVENUE 623000 8576294 8576294 INDEPENDENT LIVING REVENUE 623000 4974764 4974764 HOME HEALTH CARE 621610 47171 47171 28749703 807599 807599 88602 83077 5525 5525 5525 4316162 3586025 730137 730137 730137 108393 68708 39685 39685 DINING SERVICES 900099 331899 331899 SCOOPS REVENUE 900099 134232 134232 OTHER INCOME 900099 89485 89485 190434 506 189928 746050 32220564 28749703 506 2328490 X 8526 8526 394362 394362 15715114 14256277 1396532 62305 353709 322984 29313 1412 2255888 1970155 285231 502 1266456 1030382 229619 6455 162792 162792 101131 101131 3402 3402 78391 78391 3705466 3054567 624415 26484 106366 4500 101866 615777 496775 98480 20522 810926 772330 38596 109702 106172 3530 19559 10925 8634 546976 472587 73295 1094 3657651 3160211 490125 7315 302889 302889 DIETARY EXPENSES 1399418 1399418 MEDICAL SUPPLIES 779300 779300 NURSING HOME ASSESSMENT 289246 289246 SPECIAL EVENTS 81354 26368 40503 14483 153053 79370 73683 32917454 28253736 4523146 140572 1900 1901 2128283 650383 2103733 1100000 1121031 1577643 329023 415895 86057332 58202052 28641908 27855280 21876464 23409620 1160511 868119 57362853 55878841 3527665 3862289 6696100 6367429 16733834 15063318 34575 40160 26992174 25333196 X 28123411 29326057 2247268 1219588 30370679 30545645 57362853 55878841 X -696890 1140853 -268997 X 0 1 X 1 0 X 538123 2174799 4799183 4155207 1141865 12809177 30210492 27335287 25661380 26915934 28749703 138872796 30748615 29510086 30460563 31071141 29891568 151681973 0 0 0 151681973 782714 602299 917397 576397 896201 3775008 782714 602299 917397 576397 896201 3775008 9721 2420 12141 982063 782877 840268 767285 853937 4226430 32523113 30897682 32218228 32414823 31641706 159695552 0.94980 0.94570 0.02360 0.02640 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: TRANSPORTATION REVENUE - 2019 AMOUNT: $ 5,232. 2020 AMOUNT: $ 4,081. 2021 AMOUNT: $ 3,777. 2022 AMOUNT: $ 3,648. 2023 AMOUNT: $ 2,761. HAIR DRESSER - 2019 AMOUNT: $ 119,654. 2020 AMOUNT: $ 32,156. 2021 AMOUNT: $ 41,427. 2022 AMOUNT: $ 51,958. 2023 AMOUNT: $ 65,039. TELEPHONE SERVICES - 2019 AMOUNT: $ 27,285. 2020 AMOUNT: $ 27,989. 2021 AMOUNT: $ 27,786. 2022 AMOUNT: $ 26,939. 2023 AMOUNT: $ 23,648. ACTIVITIES INCOME - 2019 AMOUNT: $ 3,806. 2020 AMOUNT: $ 480. 2021 AMOUNT: $ 1,434. 2022 AMOUNT: $ 2,132. 2023 AMOUNT: $ 866. DINING SERVICES - 2019 AMOUNT: $ 392,756. 2020 AMOUNT: $ 341,852. 2021 AMOUNT: $ 356,758. 2022 AMOUNT: $ 376,096. 2023 AMOUNT: $ 331,899. RENOVATION REVENUE - 2019 AMOUNT: $ 17,815. 2020 AMOUNT: $ 32,234. 2021 AMOUNT: $ 26,383. 2022 AMOUNT: $ 21,508. 2023 AMOUNT: $ 37,288. MEALS ON WHEELS - 2019 AMOUNT: $ 10,947. 2020 AMOUNT: $ 1,585. OTHER INCOME - 2019 AMOUNT: $ 58,342. 2020 AMOUNT: $ 51,810. 2021 AMOUNT: $ 72,707. 2022 AMOUNT: $ 3,006. 2023 AMOUNT: $ 77,512. SCOOPS REVENUE - 2019 AMOUNT: $ 119,071. 2020 AMOUNT: $ 119,561. 2021 AMOUNT: $ 119,050. 2022 AMOUNT: $ 101,565. 2023 AMOUNT: $ 134,232. COMMUNITY SERVICES - 2019 AMOUNT: $ 1,260. 2020 AMOUNT: $ 1,260. 2021 AMOUNT: $ 595. NET FUNDRAISING RECEIPTS - 2019 AMOUNT: $ 19,734. REBATES - 2020 AMOUNT: $ 18,894. 2021 AMOUNT: $ 78,316. 2022 AMOUNT: $ 14,170. 2023 AMOUNT: $ 6,130. GROSS SALES OF INVENTORY - 2019 AMOUNT: $ 115,725. 2020 AMOUNT: $ 122,952. 2021 AMOUNT: $ 100,021. 2022 AMOUNT: $ 98,606. 2023 AMOUNT: $ 108,393. WELLNESS CENTER INCOME - 2019 AMOUNT: $ 89,581. 2020 AMOUNT: $ 26,724. 2021 AMOUNT: $ 11,399. 2022 AMOUNT: $ 13,780. 2023 AMOUNT: $ 28,462. RESIDENT INTERNET - 2019 AMOUNT: $ 855. 2020 AMOUNT: $ 1,299. 2021 AMOUNT: $ 615. 2022 AMOUNT: $ 480. 2023 AMOUNT: $ 62. QUALITY MEASURE PAYMENTS - 2022 AMOUNT: $ 11,985. INSURANCE REIMBURSEMENT - 2022 AMOUNT: $ 14,112. VENDING MACHINE - 2022 AMOUNT: $ 2,749. 2023 AMOUNT: $ 4,227. LOCKER STORAGE - 2022 AMOUNT: $ 1,601. 2023 AMOUNT: $ 1,316. HOUSEKEEPING - 2022 AMOUNT: $ 14,778. 2023 AMOUNT: $ 15,477. CALL ALERT - 2022 AMOUNT: $ 4,881. 2023 AMOUNT: $ 4,802. GIFT CERTIFICATES - 2022 AMOUNT: $ 3,291. 2023 AMOUNT: $ 1,628. LEGAL SETTLEMENT - 2023 AMOUNT: $ 10,195. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 3402 3402 0 PART II-B, LINE 1: THE ORGANIZATION PAYS ANNUAL DUES TO LEADING AGE, LEADING AGE PA AND PENNSYLVANIA ASSISTED LIVING ASSOCIATION. A PORTION OF THE DUES PAID TO THESE ORGANIZATIONS IS USED FOR LOBBYING PURPOSES. THE $3,402 REPORTED HERE IS THE PERCENTAGE OF THE MEMBERSHIP DUES USED FOR LOBBYING PURPOSES DURING THE YEAR. 0 1 X 45685 36101 673 5000 77459 40685 5000 45685 30685 10000 40685 30685 30685 33185 2500 30685 0.00000 0.00000 1.00000 0 0 408538 408538 71019383 49987887 21031496 14622911 8214165 6408746 6500 6500 27855280 X 33165814 1140853 -347388 793465 32372349 -151785 -151785 32220564 32990848 151785 151785 32839063 78391 78391 32917454 PART IV, LINE 2B: THIS ACCOUNT HOLDS DEPOSITS FOR INDIVIDUALS WHO HAVE NOT YET BECOME RESIDENTS OF PPH AND RESIDENT ASSOCIATION AGENCY FUNDS FOR CURRENT RESIDENTS OF PPH. PART V, LINE 4: THE ENDOWMENT FUNDS ARE USED FOR THE PURPOSE OF GIVING EMPLOYEES OF THE PHILADELPHIA PROTESTANT HOME FUNDS TO FURTHER THEIR EDUCATION, THEREBY HELPING THEM TO IMPROVE THEIR SKILLS AT PPH. PART X, LINE 2: PPH ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE -283,487. CHANGE IN VALUE OF ANNUITIES 14,490. INVESTMENT FEES -78,391. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -83,077. COST OF GOODS SOLD -68,708. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 83,077. COST OF GOODS SOLD 68,708. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 78,391. X X X X 0 0 0 0 0 0 0 1 0 JOHN DUBYK PRESIDENT/CEO 221045 0 0 0 0 0 8916 0 32853 0 262814 0 0 0 DAPHNE FLOYD VP, HUMAN RESOURCES 143220 0 0 0 0 0 5355 0 21152 0 169727 0 0 0 JENNIFER HONEYFORD VP, SKILLED NURSING & REHAB 145732 0 0 0 0 0 4898 0 0 0 150630 0 0 0 PART I, LINE 3 REFER TO SCHEDULE O FOR A DETAILED DESCRIPTION OF THE ORGANIZATION'S COMPENSATION PRACTICES. PART I, LINE 7 EXECUTIVES AND MANAGEMENT PERSONNEL MAY RECEIVE BONUSES AS PART OF THEIR COMPENSATION AND SUCH BONUSES ARE BASED ON THE FINANCIAL STATUS OF THE ORGANIZATION AFTER THE ANNUAL AUDIT IS PERFORMED. THE CEO'S BONUS IS APPROVED BY THE BOARD OF DIRECTORS. BONUSES FOR OTHER MEMBERS OF MANAGEMENT ARE AT THE DISCRETION OF THE CEO. NO BONUSES WERE AWARDED IN 2023. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 2015-12-31 23000000 PROCEEDS USED TO REFUND 2008 BONDS AND FINANCE CAPITAL EXPENDITURES 0 0 0 B PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 2020-08-31 6500000 PROCEEDS USED FOR RENOVATIONS AND OTHER CAPITAL EXPENDITURES 0 0 0 A 14220000 23000000 212304 908996 21878700 2016 1 0 1 1 B 6500000 130000 6322429 2022 0 0 1 1 A 0 1 1 1 0 0.00200 0.00000 0.00200 0 0 1 B 0 1 1 1 0 0.00200 0.00000 0.00200 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 1 0 0 1 1 CITIZENS BANK NA 6.000000000000 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS COMPLETED BY PPH'S OUTSIDE TAX ACCOUNTANTS, BAKER TILLY ADVISORY GROUP. UPON COMPLETION, IT WAS REVIEWED BY THE VICE PRESIDENT OF FINANCE/CFO AND CONTROLLER. THE FISCAL OVERSIGHT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED THE COMPLETED FORM 990 FOR 12/31/2023 ON JUNE 25, 2024 PRIOR TO SUBMISSION. THE BOARD OF DIRECTORS RECEIVED A COPY OF THE FORM 990 PRIOR TO BEING FILED WITH THE IRS AND CAN CONTACT THE PRESIDENT/CEO OR VICE PRESIDENT OF FINANCE/CFO WITH ANY QUESTIONS OR COMMENTS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE BOARD OF DIRECTORS EXECUTES A STATEMENT SETTING FORTH ANY POSSIBLE CONFLICTS OF INTEREST OR STATING THAT NO SUCH CONFLICTS EXIST. EACH MEMBER OF SENIOR MANAGEMENT ALSO COMPLETES A CONFLICT OF INTEREST STATEMENT ANNUALLY WHICH IS REVIEWED BY THE COMPLIANCE OFFICER. THE DISCLOSURE STATEMENTS DO ASK ABOUT FAMILY AND BUSINESS RELATIONSHIPS. IF THEY HAVE A CONFLICT THEY MUST STATE THE NATURE OF THE CONFLICT. IN ADDITION, AT THE JANUARY BOARD OF DIRECTORS' MEETING, EACH MEMBER VERBALLY DECLARES WHETHER OR NOT THEY HAVE A CONFLICT. ANY DIRECTOR, COMMITTEE MEMBER OR PENSION TRUSTEE HAVING ANY BENEFICIAL INTEREST IN A CONTRACT OR OTHER TRANSACTION ENTERED INTO BY THE HOME OR ANY OF ITS SUBSIDIARIES SHALL GIVE PROMPT, FULL AND FRANK DISCLOSURE OF HIS OR HER INTEREST TO THE BOARD OF DIRECTORS OR COMMITTEE PRIOR TO ITS TAKING ACTION ON SUCH CONTRACT OR TRANSACTIONS. THE BODY TO WHICH SUCH DISCLOSURE IS MADE SHALL THEREUPON DETERMINE, BY MAJORITY VOTE, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN REASONABLY BE CONSTRUED TO EXIST. IF A CONFLICT IS DEEMED TO EXIST, SUCH PERSON SHALL NOT VOTE ON, NOR USE HIS OR HER PERSONAL INFLUENCE ON, NOR PARTICIPATE (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS) IN THE DISCUSSIONS OR DELIBERATIONS WITH RESPECT TO SUCH CONTRACT OR TRANSACTION. SUCH PERSON MAY NOT BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING WHERE THE CONTRACT OR TRANSACTION IS UNDER DISCUSSION OR IS BEING VOTED ON. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON AND WHETHER A QUORUM WAS PRESENT. FORM 990, PART VI, SECTION B, LINE 15 A REVIEW PROCESS FOR THE PRESIDENT/CEO'S PERFORMANCE IS PERFORMED ANNUALLY BY THE FULL BOARD OF DIRECTORS AND REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD. THE PROCESS REQUIRES ALL BOARD MEMBERS TO COMPLETE AN ANNUAL PERFORMANCE REVIEW SURVEY. THIS REVIEW SURVEY IS COMPILED AND A COMPREHENSIVE/SUMMARIZED REPORT SHOWING THE RESULTS OF HIS/HER WORK PERFORMANCE DURING THE PAST YEAR AND GOALS FOR THE COMING YEAR IS PRESENTED TO THE EXECUTIVE COMMITTEE FOR REVIEW. IN ADDITION, THE EXECUTIVE COMMITTEE WILL PERFORM A COMPREHENSIVE REVIEW OF COMPETITIVE SALARIES ON GUIDESTAR AND THE LEADINGAGE PA SALARY SURVEY OF NEIGHBORING/SIMILAR COMMUNITIES. THE PERFORMANCE REPORT AND THE COMPETITIVE SALARY COMPARISON ARE REVIEWED BY THE EXECUTIVE COMMITTEE TO DETERMINE THE ONGOING COMPENSATION FOR THE PRESIDENT/CEO. THE EXECUTIVE COMMITTEE WILL MEET WITH THE PRESIDENT/CEO TO REVIEW THE ANNUAL PERFORMANCE REVIEW, ESTABLISH GOALS FOR THE UPCOMING YEAR, AND COMMUNICATE THE ONGOING COMPENSATION PACKAGE. THE COMMITTEE GIVES THIS INFORMATION TO THE CFO WHO THEN SENDS THE REVIEW AND COMPENSATION TO THE VP OF HUMAN RESOURCES FOR PROCESSING. THE PRESIDENT/CEO WILL DETERMINE COMPENSATION FOR ALL KEY SENIOR LEADERSHIP EMPLOYEES BASED ON UTILIZATION OF GUIDESTAR OR COMPARATIVE SALARY AND WAGES ANALYSIS SUCH AS LEADINGAGE PA COMPARATIVE WAGE ANALYSIS. THESE KEY LEADERSHIP POSITIONS' COMPENSATION ARE BASED ON RESPONSIBILITY IN THE COMPANY, EXPERIENCE, CREDENTIALS, AND MANAGEMENT/LEADERSHIP SKILLS. ALL OTHER SALARIES AND WAGES WILL BE REVIEWED DURING THE ANNUAL BUDGETARY PROCESS AND WILL BE REVIEWED BY THE PRESIDENT/CEO, CFO AND VICE PRESIDENT OF HUMAN RESOURCES. THE VICE PRESIDENT OF HUMAN RESOURCES IS RESPONSIBLE FOR REVIEWING ALL POSITIONS AND WAGES TO ASSURE THEIR APPROPRIATENESS BASED ON OUR IMMEDIATE COMPETITION AND THE MARKET. FORM 990, PART VI, SECTION C, LINE 19 THE PHILADELPHIA PROTESTANT HOME MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENT AVAILABLE TO THE PUBLIC BY WRITTEN REQUESTS TO THE PHILADELPHIA PROTESTANT HOME, 6500 TABOR AVENUE, PHILADELPHIA, PA 19111; ATTENTION: JUSTIN STOLTE, CHIEF FINANCIAL OFFICER. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,954,460. MANAGEMENT AND GENERAL EXPENSES 601,152. FUNDRAISING EXPENSES 26,484. TOTAL EXPENSES 2,582,096. CONSULTING: PROGRAM SERVICE EXPENSES 120,896. MANAGEMENT AND GENERAL EXPENSES 23,263. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 144,159. REHAB SERVICES: PROGRAM SERVICE EXPENSES 837,236. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 837,236. MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 141,975. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 141,975. FORM 990, PART XI, LINE 9: CHANGE IN GIFT ANNUITY 14,490. CHANGE IN FAIR VALUE OF DERIVATIVE -283,487.