2025-05-08T06:52:12-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-01-01 230563550 EVANGELICAL MANOR EVAN 2153540565 626 JACKSONVILLE ROAD 200 WARMINSTER PA 18974 JEFF PETTY CHAIR 2153540565 2025-04-21 1 1 KERRI N BOGDA CPA P00760402 7177404863 2025-04-21 2024 2025-03-06 01:10:19Z WESLEY ENHANCED LIVING PENNYPACK PARK JEFF PETTY 626 JACKSONVILLE ROAD 200 WARMINSTER PA 18974 17283065 0 3423 X WWW.WEL.ORG X 1888 PA THE ORGANIZATION OPERATES A NON-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, INCLUDING INDEPENDENT APARTMENTS, PERSONAL CARE APARTMENTS, AND A SKILLED NURSING FACILITY. 3 0 392 32 0 0 106055 177307 15059658 16915250 137866 115885 49128 74623 15352707 17283065 98644 67829 0 0 11325307 12540622 0 0 0 6277167 7443464 17701118 20051915 -2348411 -2768850 21395811 20918757 31410936 34127800 -10015125 -13209043 TO MAKE A COMPELLING DIFFERENCE IN THE LIVES OF OUR RESIDENTS THROUGH PROVIDING EXCELLENCE AND INNOVATION IN AGING SERVICES. 0 0 16475735 67829 16915250 THE ORGANIZATION OPERATES A NON-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, WHICH INCLUDES THREE LEVELS OF CARE: INDEPENDENT LIVING, PERSONAL CARE AND A SKILLED NURSING FACILITY CONSISTING OF 71 APARTMENTS, 40 PERSONAL CARE UNITS, AND A 120 BED SKILLED NURSING FACILITY. THE COMMUNITY PROVIDES AGING SERVICES TO PROMOTE GENERAL HEALTH, WELFARE AND SECURITY FOR THE SENIOR RESIDENTS, AND TO PLAN AND DEVELOP NEW PROGRAMS AND SERVICES TO MEET THE EVOLVING SOCIAL, HEALTH AND PERSONAL NEEDS OF RESIDENTS. OCCUPANCY FOR THE YEAR WAS 81.22% FOR INDEPENDENT LIVING, 84.30% FOR PERSONAL CARE AND 96.68% FOR NURSING. 16475735 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 21 0 392 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X JEFF PETTY CHAIR 2153540565 626 JACSONVILLE ROAD STE 200 WARMINSTER PA 18974 JEFF PETTY CHAIR 1.00 44.00 X X 0 717141 26399 SHELLEY BALLET SECRETARY/TREASURER 1.00 44.00 X X 0 291530 21706 MIKE DESTEFON EXECUTIVE DIRECTOR 40.00 0.00 X X 206885 0 18920 SEEMA FRANCIS DIRECTOR OF NURSING 40.00 0.00 X 141052 0 16414 FRANK CASPER PHYSICAL THERAPIST 40.00 0.00 X 114702 0 15429 CHRISTOPHER BALDWIN DIR FACILITY OPERATIONS 40.00 0.00 X 115429 0 15305 DORIAN BURTON HEALTH CARE TRANSITION MANAGER 40.00 0.00 X 111920 0 1888 LEKHA PHILIP NURSE SUPERVISOR 39.17 0.00 X 103306 0 14961 793294 1008671 131022 8 0 1 0 CLIPBOARD HEALTH 340 S LEMON AVENUE 5028 WALNUT CA 91789 TEMPORARY STAFFING 348450 INDUSTRIAL MECHANICAL CONTRACTORS INC 240 TANNER AVENUE HATBORO PA 19040 CONSTRUCTION/REPAIR SVCS 306889 CINTAS FIRE PROTECTION 1038 CONSHOHOCKEN ROAD CONSHOHOCKEN PA 19429 FIRE PROTECTION SVCS 110568 3 67828 68002 41477 177307 HEALTH CENTER 623990 12569739 12569739 PERSONAL CARE 623990 1908621 1908621 INDEPENDENT LIVING 623990 1622671 1622671 ASSESSEMENT REVENUE 623990 505432 505432 ENTRY FEE AMORTIZATION 623990 308787 308787 16915250 102385 102385 1095 0 1095 1095 1095 13500 0 13500 13500 13500 DINING SERVICE REVENUE 623990 51331 51331 TRANSPORTATION REVENUE 900099 8636 8636 COMMUNITY FEES 900099 7500 7500 6061 6061 73528 17283065 16915250 0 190508 67829 67829 225805 225805 9848103 9177029 671074 296230 289214 7016 1153372 1087740 65632 1017112 717977 299135 630325 630325 20347 20347 36365 36365 20026 20026 980881 751448 229433 60305 60305 575722 535574 40148 835871 817156 18715 4153 2723 1430 990617 792494 198123 1154419 923535 230884 124438 124438 BAD DEBT 875000 875000 FOOD 632200 632200 MEDICAL SUPPLIES 415902 415902 EMPLOYEE EXPENSES 51563 27944 23619 35330 11165 24165 20051915 16475735 3576180 0 94190 240483 1438614 1307763 133012 121125 49410427 33743150 16288180 15667277 3385138 3509451 56677 72658 21395811 20918757 2911628 2879026 1220761 1204158 19147493 18804864 95005 103682 8036049 11136070 31410936 34127800 X -10015125 -13209043 -10015125 -13209043 21395811 20918757 -2768850 74932 -500000 0 X 0 1 X 1 0 X 1364172 2410271 182331 106055 177307 4240136 14139665 13891676 14011565 15059658 16915250 74017814 15503837 16301947 14193896 15165713 17092557 78257950 0 0 0 78257950 57284 40578 32051 85392 102385 317690 57284 40578 32051 85392 102385 317690 66870 44004 43868 48931 73528 277201 15627991 16386529 14269815 15300036 17268470 78852841 0.99250 0.99240 0.00400 0.00400 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: DINING SERVICE REVENUE - 2020 AMOUNT: $ 29,915. 2021 AMOUNT: $ 24,683. 2022 AMOUNT: $ 24,659. 2023 AMOUNT: $ 36,399. 2024 AMOUNT: $ 51,331. TRANSPORTATION REVENUE - 2020 AMOUNT: $ 7,694. 2021 AMOUNT: $ 11,600. 2022 AMOUNT: $ 9,168. 2023 AMOUNT: $ 5,016. 2024 AMOUNT: $ 8,636. MISC INCOME - 2020 AMOUNT: $ 42. 2021 AMOUNT: $ 4,071. 2022 AMOUNT: $ 623. 2023 AMOUNT: $ 5,127. 2024 AMOUNT: $ 657. FINANCE CHARGES - 2020 AMOUNT: $ 10. 2021 AMOUNT: $ 998. 2022 AMOUNT: $ 3,974. 2023 AMOUNT: $ 2,339. 2024 AMOUNT: $ 1,204. CONVENIENCE FEES - 2020 AMOUNT: $ 392. 2021 AMOUNT: $ 209. 2022 AMOUNT: $ 39. HOUSEKEEPING REVENUE - 2020 AMOUNT: $ 850. 2021 AMOUNT: $ 2,443. 2022 AMOUNT: $ 5,405. 2023 AMOUNT: $ 50. COMPANION REVENUE - 2024 AMOUNT: $ 4,200. INSURANCE PROCEEDS - 2020 AMOUNT: $ 27,967. COMMUNITY FEES - 2024 AMOUNT: $ 7,500. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 126629 126629 42750761 27812000 14938761 5332675 4955141 377534 1200362 976009 224353 15667277 DUE TO RELATED PARTIES 10982997 RESIDENT PREPAID RENT 136619 REFUNDABLE ENTRANCE FEES 16454 11136070 17357997 74932 74932 17283065 0 17283065 20051915 0 20051915 0 20051915 PART IV, LINE 2B: DEPOSITS INCLUDE SECURITY DEPOSITS, PRIORITY DEPOSITS, AND ENTRANCE FEE DEPOSITS RECEIVED FROM RESIDENTS. NO INTEREST ACCRUES ON THESE DEPOSITS AND THEY ARE REFUNDABLE, LESS ANY EXPENSES INCURRED ON BEHALF OF THE RESIDENT. 1 MONTHLY ASSISTANCE FOR INDEPENDENT OR PERSONAL CARE 5 67829 0 PART I, LINE 2: GRANT ASSISTANCE FOR RESIDENTS IN INDEPENDENT OR PERSONAL CARE ARE MADE BASED ON DEMONSTRATED FINANCIAL NEED. MANAGEMENT OF WESLEY ENHANCED LIVING REVIEWS THE SPECIFIC SITUATIONS FOR EACH RESIDENT WHO IS REQUESTING ASSISTANCE. MANAGEMENT MAKES THE DETERMINATION BASED ON THE INDIVIDUAL FINANCIAL NEEDS OF THE RESIDENTS. NO MONITORING IS REQUIRED - THE GRANTS ARE DIRECTLY APPLIED TO RESIDENTS' MONTHLY BILLS AND ACT TO DECREASE THE AMOUNT OWED BY THE RESIDENTS FOR THEIR MONTHLY FEES. 0 0 0 0 0 0 0 1 0 JEFF PETTY CHAIR 0 532541 0 177400 0 7200 0 13800 0 12599 0 743540 0 0 SHELLEY BALLET SECRETARY/TREASURER 0 249280 0 42250 0 0 0 10495 0 11211 0 313236 0 0 MIKE DESTEFON EXECUTIVE DIRECTOR 196885 0 10000 0 0 0 8025 0 10895 0 225805 0 0 0 SEEMA FRANCIS DIRECTOR OF NURSING 141052 0 0 0 0 0 5661 0 10753 0 157466 0 0 0 PART I, LINE 3 COMPENSATION FOR THE CEO AND HIS DIRECT REPORTS IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION STUDIES ARE DONE PERIODICALLY BY AN OUTSIDE COMPENSATION CONSULTANT TO DETERMINE COMPENSATION, USING COMPARATIVE INDEPENDENT DATA. FOR OTHER EMPLOYEES, COMPENSATION REVIEWS ARE COMPLETED INTERNALLY COMPARING COMPENSATION DATA AVAILABLE THROUGH LEADING AGE, THE HOSPITAL & HEALTHCARE COMPENSATION SERVICE SALARY & BENEFITS REPORT, AND OTHER BENCHMARKS. THIS PROCESS WAS LAST PERFORMED IN DECEMBER 2022 AND WILL BE DONE AGAIN AT THE END OF 2024. PART I, LINE 7 THE ORGANIZATION PROVIDES BONUSES TO KEY EXECUTIVES ON A DISCRETIONARY BASIS. THE BOARD OF DIRECTORS ESTABLISHES AND APPROVES A BONUS POOL WHICH REPRESENTS THE MOST THE EMPLOYEES MAY RECEIVE BASED UPON A PERCENTAGE OF THEIR BASE PAY AND SETS THE AWARD FOR THE PRESIDENT/CEO. THE PRESIDENT IS THEN TASKED WITH CONFERRING BONUSES ON OTHER ELIGIBLE EMPLOYEES BASED UPON THE MAXIMUM PERCENTAGE THAT HAS ALREADY BEEN DETERMINED BY THE BOARD. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 717824AR7 2017-08-15 20969541 REFINANCING AND CAPITAL PROJECTS 0 0 0 A 20970274 1033451 323629 2112171 17491633 2020 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT DATE THE REBATE COMPUTATION WAS PERFORMED: 08/14/2022 SCHEDULE K, PARTS I AND II: THE BOND ISSUE WAS USED TO REFINANCE THE EXISTING BONDS IN THE OBLIGATED GROUP AND MAIN LINE. THE OBLIGATED GROUP CONSISTS OF MAPLE VILLAGE, NEW HERITAGE TOWERS, EVANGELICAL MANOR, AND STAPELEY. THE PROCEEDS WERE USED TO REFUND SERIES 2005, SERIES 2008, AND SERIES 2011 BONDS AND REFINANCE THE 2011 TERM LOAN. THE PROCEEDS WERE ALSO USED TO FINANCE CAPITAL PROJECTS, FUND CERTAIN RESIDENT REFUNDS, ACCOUNTS PAYABLE, AND INTEREST RATE SWAP TERMINATION PAYMENTS, AND PAY SOME COSTS OF THE ISSUANCE OF THE BONDS. SCHEDULE K, PARTS I AND II: PROCEEDS REPORTED ON PART II LINE 3 DIFFER FROM PART I DUE TO INVESTMENT EARNINGS. FORM 990, PART VI, SECTION A, LINE 6 WESLEY ENHANCED LIVING, THE PARENT ORGANIZATION, IS THE SOLE MEMBER OF THE FILING ENTITY. FORM 990, PART VI, SECTION A, LINE 7A WESLEY ENHANCED LIVING APPOINTS THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO THE APPROVAL BY THE BOARD OF DIRECTORS OF WESLEY ENHANCED LIVING: APPROVAL OF THE ANNUAL BUDGET, THE OCCURRENCE OF LOANS NOT INCLUDED IN THE APPROVED BUDGET, THE PURCHASE, SALE, OR LEASE BY OR TO THE CORPORATION OF REAL PROPERTY AND ANY AMENDMENT TO THE CORPORATION'S AMENDED AND RESTATED ARTICLES OF INCORPORATION OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE COMMITTEE OF WEL AND PRESENTED TO THE FULL BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND KEY STAFF ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY TO REVIEW DURING THE JANUARY BOARD MEETING. THE POLICY OUTLINES THE GUIDING PRINCIPLES OF THE POLICY AND DISCLOSURE REQUIREMENTS AND PROCEDURES FOR DEALING WITH CONFLICTS OF INTEREST. IN ADDITION, BOARD MEMBERS AND KEY STAFF ARE REQUIRED TO COMPLETE ANNUAL CONFLICTS OF INTEREST AND DISCLOSURE OF RELATED ACTIVITIES STATEMENTS. "RELATED" INDIVIDUALS SHALL NOT BE PLACED IN WESLEY ENHANCED LIVING THROUGH EMPLOYMENT, TRANSFER, OR PROMOTION WHEN SUCH PLACEMENT WILL RESULT IN ONE RELATIVE SUPERVISING ANOTHER AND/OR HAVING THE RESPONSIBILITY TO MAKE OR PARTICIPATE ACTIVELY IN MAKING DECISIONS REGARDING THE "RELATED" EMPLOYEE'S EMPLOYMENT STATUS. PERSONS WHO HAVE CONFLICTS WILL BE REVIEWED ON A CASE-BY-CASE BASIS AND WILL ABSTAIN FROM BOTH DISCUSSION AND VOTE ON ANY MATTER INVOLVING THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. REQUESTS FOR THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE CONSIDERED ON A CASE-BY-CASE BASIS. NEW HERITAGE TOWERS DBA WESLEY ENHANCED LIVING DOYLESTOWN 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232366563 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 THE NORTH AMERICAN BAPTIST HOME FOR THE AGED DBA WESLEY ENHANCED LIVING BUR 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 231401533 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 MAPLE VILLAGE DBA WESLEY ENHANCING LIVING UPPER MORELAND 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232810902 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 EVANGELICAL SERVICES FOR THE AGING FOUNDATION DBA WEL FOUNDATION 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 231971878 FUNDRAISING ARM OF EVANGELICAL SERVICES FOR THE AGING PA 501(C)(3) LINE 12A, I N/A 0 EVANGELICAL SERVICES FOR THE AGING DBA WESLEY ENHANCED LIVING 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232648022 MANAGE/OPERATE CCRCS PA 501(C)(3) LINE 12C, III-FI N/A 0 STAPELEY HALL DBA WESLEY ENHANCED LIVING AT STAPELEY 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232145152 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 MARTINS RUN DBA WESLEY ENHANCED LIVING MAIN LINE 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232090256 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 MARTINS RUN HOME PARTNERS 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 272268177 OPERATE A CCRC PA 501(C)(3) LINE 10 MARTINS RUN 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1