2024-11-12T08:47:51+00:00 2023-12-31 390859910 Baker Tilly Advisory Group LP 1570 Fruitville Pike Suite 400 Lancaster PA 17601 990 2023-01-01 231900132 ACTS Retirement-Life Communities Inc ACTS 2156618330 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 GERALD T GRANT CEO 2156618330 2024-11-12 true true Kerri N Bogda CPA P00760402 7177404863 2024-11-12 2023 2024-10-15 13:58:12Z GERALD T GRANT 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 636622819 false X WWW.ACTSRETIREMENT.ORG X 1971 PA ACTS' PURPOSE IS TO SERVE OLDER ADULTS SIXTY-TWO YEARS OF AGE AND OLDER, PROVIDING RETIREMENT-LIFE SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING CARE AND COMPLEMENTARY SERVICES; RESPONSIVE TO RESIDENT NEEDS IN A CHRISTIAN MANNER WITHOUT PREJUDICE OR PREFERENCE TO ANY FAITH, IN AN EXPRESSION OF LOVING KINDNESS. 17 16 8010 1961 0 0 4358449 8667401 461186416 536712958 7650339 14189723 12929876 17677244 486125080 577247326 119047 130660 0 0 214239953 252751347 1500 0 22103 280133551 312262473 494494051 565144480 -8368971 12102846 1949918556 2080445740 1843892330 1954323338 106026226 126122402 X ACTS IS COMMITTED TO PROVIDING SECURITY AND PEACE OF MIND TO SENIORS BY BEING THE PRE-EMINENT PROVIDER OF RETIREMENT-LIFE SERVICES, RESPONSIVE TO INDIVIDUAL, SOCIAL, PERSONAL, HEALTH AND SPIRITUAL NEEDS IN A CHRISTIAN ATMOSPHERE GRACED WITH LOVING-KINDNESS, DIGNITY, SENSITIVITY, HONESTLY, AND RESPECT WITHOUT PREJUDICE OR PREFERENCE. true false 481906386 130660 536712958 ACTS PROVIDES COMPREHENSIVE LIFE CARE SERVICES TO SENIOR ADULTS AGED 62 AND OLDER THAT INCLUDES INDEPENDENT LIVING HOUSING, DINING AND NUTRITIONAL SERVICES, PASTORAL SERVICES, SECURITY, HOUSEKEEPING, MAINTENANCE SERVICES AND SOCIAL, CULTURAL, EDUCATIONAL, SPIRITUAL AND RECREATIONAL ACTIVITIES. IN ADDITION, WHEN A RESIDENT'S HEALTH CARE NEEDS CHANGE, ACTS OFFERS HOME HEALTH, ASSISTED LIVING, SKILLED NURSING CARE AND HOSPICE SERVICES. ALL PHYSICAL ACCOMODATIONS AND SERVICES ARE PROVIDED IN ITS CONTINUING CARE RETIREMENT COMMUNITIES UNDER THE TERMS OF A FORMAL LIFECARE AGREEMENT WHICH ALSO ASSURES THAT ASSISTED LIVING AND SKILLED NURSING CARE WILL BE PROVIDED TO RESIDENTS WHEN THEY NEED IT, WITHOUT A CHANGE IN THEIR MONTHLY FEE, THEREBY OFFERING FURTHER SECURITY AND PEACE OF MIND. IN 2023, ACTS SERVED, ON AVERAGE, 7,082 RESIDENTS IN INDEPENDENT LIVING, 742 RESIDENTS IN ASSISTED LIVING, AND 1,052 RESIDENTS IN SKILLED CARE. 481906386 true true false true false false false true true true false false false true false false true false false false false false false false false false false true true true false false false false false false false false true false false false false false true true false false false true 1002 0 8010 true false false false false false false false false false false false false X 17 16 true true false false true false true true true false false true true true true true true true true false FL GA AL MD NC PA SC X SUSAN AHERN SENIOR VICE PRESIDENT CFO 2156618330 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 ELRIC C GERNER SECRETARY & DIRECTOR 1.7 0.9 X X 0 0 0 GERALD T GRANT CEO 30.0 20.0 X X 0 801980 886658 JOHN L ESTERHAI JR MD CHAIRMAN & DIRECTOR 2.3 1.5 X X 0 0 0 MARVIN MASHNER TREASURER & DIRECTOR 2.8 2.0 X X 0 0 0 MICHAEL D KELLY VICE CHAIRMAN & DIRECTOR 2.0 5.0 X X 0 0 0 DAN MIDDLEBROOKS DIRECTOR 1.0 0.0 X 0 0 0 DANIEL W LAWSON II DIRECTOR 0.5 1.6 X 0 0 0 H BRUCE DETWEILER DIRECTOR 0.8 1.0 X 0 0 0 HEINZ HEGMANN DIRECTOR 1.0 0.0 X 0 0 0 JAMES GLYNN DIRECTOR 1.0 3.0 X 0 0 0 JASON GREER DIRECTOR 1.0 0.4 X 0 0 0 JILL GILBERT DIRECTOR 1.0 0.0 X 0 0 0 JOHN E LAMMERS MD DIRECTOR 1.0 1.1 X 0 0 0 ROBERT B EVANS DIRECTOR 4.0 1.0 X 0 0 0 SUSAN B ALLMOND DIRECTOR 1.5 1.0 X 0 0 0 THOMAS A DUNN III DIRECTOR 2.2 0.9 X 0 0 0 WARREN CALLAWAY DIRECTOR 1.0 0.5 X 0 0 0 BRIAN ROUNSAVILL VP, PROCUREMENT & CONTRACT MGMT 30.0 15.0 X 0 179785 7144 CHRISTOPHER J HARTMAN VP, IT OPERATIONS 30.0 15.0 X 0 225222 20407 DAVID VEGA VP, OPERATION ANALYSIS & COMP 30.0 15.0 X 0 205759 7698 DEIRDRE GROENEN SVP, CHIEF HUMAN RESOURCES 30.0 15.0 X 0 310806 20268 GARY J N GINTER SVP, PROCUREMENT & CONTRACT MGMT (TO JULY 2023) 33.0 12.0 X 0 270969 16048 GEORGE R BRYAN VP OF OPERATIONS, SOUTHEAST 30.0 15.0 X 0 288492 30221 GLENN D FOX EXEC VP, LEGAL, ASST. SECRETARY 27.0 23.0 X 0 480703 514121 HOLLY S SCHADE SVP, CHIEF CLINICAL OFFICER 20.0 25.0 X 0 373394 27170 JAMES H PETTY EVP, CHIEF STRATEGY OFFICER 30.0 15.0 X 0 361807 31823 JEFFERSON D KAIGHN EXEC VP, CAO 30.0 15.0 X 0 416756 330912 JEREMY O NEELY SVP, COMMUNITY OPERATIONS 30.0 15.0 X 0 344186 31755 JONATHAN D GRANT EXEC VP, COO 30.0 20.0 X 0 418490 36372 KAREN I CHRISTIANSEN PRESIDENT & ASSISTANT TREASURER 30.0 20.0 X 0 589794 251459 KENNETH J KARMERIS SVP REAL ESTATE AND DEVEL. SVCS. (TO MAR 2023) 25.0 20.0 X 0 347919 4964 LORI M WOODWARD SVP, CHIEF MARKETING OFFICER 25.0 20.0 X 0 365051 21194 MEGAN LONGLEY VP SALES 30.0 15.0 X 0 300634 19601 PATRICK M PLUMADORE VP, HOSPITALITY & RESTAUR. SVC. 30.0 15.0 X 0 300759 12721 PAUL M REINBOLD MD CMD VP & CHIEF MEDICAL DIRECTOR 30.0 15.0 X 0 371343 31784 PEGGY C VALDIVIA VP, FINANCIAL SERVICES 31.0 19.0 X 0 235074 20738 PETER J KRESS SVP, CIO 30.0 15.0 X 0 330337 28125 RICHARD D'AMICO SVP, REAL ESTATE & DEV SVCS (TO AUG 2023) 30.0 15.0 X 0 147800 6294 SEAN T FLETCHER VP, REAL ESTATE SERVICES 30.0 15.0 X 0 265369 18324 STEPHEN LA PIERRE VP OF OPERATIONS, NORTHEAST 30.0 15.0 X 0 300455 19622 STEPHEN V EGGLES VP OF OPERATIONS, MID-SOUTH 30.0 15.0 X 0 294778 27124 SUSAN AHERN SVP, CFO 30.0 20.0 X 0 330159 31720 TERESA MOORE VP, RESIDENT HEALTH SERVICES 30.0 15.0 X 0 231721 16943 TERUKO A WHITE VP OF OPERATIONS, MID-ATLANTIC 30.0 15.0 X 0 304321 27294 ANN ANDERSON REGISTERED NURSE 40.0 0.0 X 214714 0 15978 ANN BUDDINGTON LICENSED PRACTICAL NURSE 40.0 0.0 X 205012 0 26432 CATHERINE LECLERC EXECUTIVE DIRECTOR 40.0 5.0 X 0 224831 14990 DEBRA RUCKER REGISTERED NURSE 40.0 0.0 X 292776 0 5916 JOYA MAROTTA EXECUTIVE DIRECTOR 40.0 5.0 X 0 203851 33093 712502 9822545 2594913 121 false true false EDIFICE INC PO BOX 36349 CHARLOTTE NC 28236 CONTRACTORS 21527390 THE WHITING-TURNER CONTRACTING COMPANY 300E JOPPA RD BALTIMORE MD 21286 GENERAL CONTRACTOR 11822074 COMPLETE PROPERTY DEVELOPMENT OF SOUTH FLORIDA INC 5455 NW 24TH ST MARGATE FL 33063 GENERAL CONTRACTOR 9375385 LANIERVAN SICKLE PO BOX 1028 PINEVILLE NC 28134 ARCHITECT SERVICES 7494413 MASTER KRAFT INC 3350 SMITH FARM RD MATTHEWS NC 28104 CONTRACTORS 6483928 221 8254674 338907 73820 8667401 Monthly Fees 623000 333318433 333318433 Entrance Fee Amort. 623000 126509934 126509934 Medicare and Medicaid 623000 34700611 34700611 Medical Services Rev. 623000 26451879 26451879 Administrative Fee 623000 11458634 11458634 4273467 4273467 0 0 536712958 10936351 10936351 1084304 1084304 1246850 1072291 174559 0 174559 174559 59538250 934020 58303202 1235048 934020 2169068 2169068 DEVELOPMENT FEE INCOME 722514 12286229 12286229 APARTMENT MODIFICATION 623000 4010119 4010119 CAFE, CATERING, VENDING INCOME 900099 817554 817554 388783 0 0 388783 17502685 577247326 536712958 0 31866967 18610 18610 112050 112050 237663 237663 204838365 195298843 9539522 4481185 4348239 132946 28053129 26514607 1538522 15141005 14346514 794491 1571084 1571084 578505 578505 986249 5073 981176 34124387 33338425 764374 21588 4360977 154 4360823 15613723 12951750 2661973 5476126 5476126 45664515 44978456 686059 1098430 1018307 80123 317693 317693 29264273 29264273 87918302 81603381 6314921 2060607 2036666 23941 MANAGEMENT SERVICES 43306159 43306159 FOOD EXPENSE 23470068 22741598 728470 MEDICAL SUPPLIES 5572579 5572579 NURSING HOME ASSESSMENT 1328137 1328137 9550659 6191061 3359083 515 565144480 481906386 83215991 22103 56817 45635 16469105 16900629 21930508 23849844 0 0 0 9790248 10598360 2746317105 1118507753 1504710495 1627809352 348144734 353545632 6478437 4990787 24667853 24130030 4925429 17670359 13650042 1949918556 2080445740 75066307 73108641 855919531 960181494 736365227 803022984 0 157254428 101007500 19286837 17002719 1843892330 1954323338 X 78603275 101961878 27422951 24160524 106026226 126122402 1949918556 2080445740 X 12102846 15568498 -7575168 X false true X true true true X 3839084 19473479 6081827 4358449 8667401 42420240 434046605 441389286 445536283 473973321 554215643 2349161138 0 0 0 437885689 460862765 451618110 478331770 562883044 2391581378 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2391581378 9832822 8784659 11372286 9483157 13267505 52740429 0 9832822 8784659 11372286 9483157 13267505 52740429 0 0 0 0 0 0 0 447718511 469647424 462990396 487814927 576150549 2444321807 0.9784 0.9789 0.02 0.0211 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 565144480 565144480 1000000 0 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 0 0 0 250000 250000 250000 250000 1000000 1500000 0 0 0 true 57625 503525 513658 47492 false 3804019 604783 4408802 2929848 1021555 -146238 1146 3804019 2613922 315926 2929848 2613922 78100 78100 2613922 2613922 95047 95047 2613922 0.0 1.0 0.0 false true true 63209030 63209030 2457310438 969555147 1487755291 41418368 31228474 10189894 184379269 117724132 66655137 1627809352 UNIT DEPOSITS 14895122 FAIR MARKET VALUE OF INVESTMENT CONTRACTS 2107597 17002719 Schedule D, Part IV, Line 1b Agent, trustee, custodian, or other intermediary arrangement ACTS RETIREMENT-LIFE COMMUNITIES, INC. FUNCTIONS AS A CUSTODIAN FOR THE RECEIPT AND DISTRIBUTION OF FUNDS FOR PATIENTS OF MEDICAID. true SCHOLARSHIPS OFFERED TO CULINARY EMPLOYEES TO FURTHER THEIR EDUCATION 153 112050 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. SCHOLARSHIPS ARE AVAILABLE TO CULINARY AND NUTRITION SERVICE EMPLOYEES WHO MEET CERTAIN CRITERIA. FOR ELIGIBILITY, EMPLOYEES MUST WORK UNDER 40 HOURS PER PAY PERIOD, ARE NOT BENEFIT ELIGIBLE, AND MUST WORK A MINIMUM NUMBER OF HOURS DURING A 16 WEEK PERIOD, OFFERED TWO TIMES A YEAR, JANUARY THROUGH MAY AND AUGUST THROUGH NOVEMBER. EMPLOYEES MEETING ALL REQUIREMENTS ARE GRANTED A VOUCHER GOOD FOR $300 TO $500 EACH DURING 2023 THAT CAN BE USED TO FORWARD THEIR EDUCATION. VOUCHERS ARE PRESENTED TO THE EDUCATIONAL INSTITUTION BY THE SCHOLARSHIP RECIPIENT. ACTS RETIREMENT-LIFE COMMUNITIES REIMBURSES THE EDUCATIONAL INSTITUTION UPON RECEIPT OF ORIGINAL VOUCHER. AT TIMES CONTRIBUTIONS MAY ALSO BE PROVIDED TO OTHER CHARITABLE ORGANIZATIONS TO FURTHER THEIR EXEMPT PURPOSE. CONTRIBUTIONS, OTHER THAN GRANTS, ARE MADE TO CHARITABLE ORGANIZATIONS ONCE ACTS HAS OBTAINED PROOF OF THEIR TAX-EXEMPT STATUS AND FUNDING NEEDS (I.E., CONFERENCE SPONSORSHIPS, ETC.). ACTS DOES NOT MONITOR THESE CONTRIBUTIONS AFTER DISBURSEMENT. X true false false true false false false false false false false GERALD T GRANT CEO 0 627767 0 174213 0 0 0 871666 0 14992 0 1688638 0 0 KAREN I CHRISTIANSEN PRESIDENT & ASSISTANT TREASURER 0 462613 0 127181 0 0 0 232821 0 18638 0 841253 0 0 GLENN D FOX EXEC VP, LEGAL, ASST. SECRETARY 0 393493 0 87210 0 0 0 499129 0 14992 0 994824 0 0 SUSAN AHERN SVP, CFO 0 271757 0 58402 0 0 0 13200 0 18520 0 361879 0 0 JONATHAN D GRANT EXEC VP, COO 0 339759 0 78731 0 0 0 17732 0 18640 0 454862 0 0 PEGGY C VALDIVIA VP, FINANCIAL SERVICES 0 200821 0 34253 0 0 0 9420 0 11318 0 255812 0 0 GEORGE R BRYAN VP OF OPERATIONS, SOUTHEAST 0 243102 0 45390 0 0 0 11770 0 18451 0 318713 0 0 RICHARD D'AMICO SVP, REAL ESTATE & DEV SVCS (TO AUG 2023) 0 117366 0 30434 0 0 0 0 0 6294 0 154094 0 0 STEPHEN V EGGLES VP OF OPERATIONS, MID-SOUTH 0 248368 0 46410 0 0 0 12003 0 15121 0 321902 0 0 SEAN T FLETCHER VP, REAL ESTATE SERVICES 0 228244 0 37125 0 0 0 10534 0 7790 0 283693 0 0 GARY J N GINTER SVP, PROCUREMENT & CONTRACT MGMT (TO JULY 2023) 0 214935 0 56034 0 0 0 8036 0 8012 0 287017 0 0 DEIRDRE GROENEN SVP, CHIEF HUMAN RESOURCES 0 255112 0 55694 0 0 0 12390 0 7878 0 331074 0 0 CHRISTOPHER J HARTMAN VP, IT OPERATIONS 0 191037 0 34185 0 0 0 9084 0 11323 0 245629 0 0 JEFFERSON D KAIGHN EXEC VP, CAO 0 335538 0 81218 0 0 0 315920 0 14992 0 747668 0 0 KENNETH J KARMERIS SVP REAL ESTATE AND DEVEL. SVCS. (TO MAR 2023) 0 287214 0 60705 0 0 0 2079 0 2885 0 352883 0 0 PETER J KRESS SVP, CIO 0 272295 0 58042 0 0 0 13200 0 14925 0 358462 0 0 STEPHEN LA PIERRE VP OF OPERATIONS, NORTHEAST 0 258008 0 42447 0 0 0 11774 0 7848 0 320077 0 0 MEGAN LONGLEY VP SALES 0 256441 0 44193 0 0 0 11750 0 7851 0 320235 0 0 TERESA MOORE VP, RESIDENT HEALTH SERVICES 0 198265 0 33456 0 0 0 9204 0 7739 0 248664 0 0 JEREMY O NEELY SVP, COMMUNITY OPERATIONS 0 284404 0 59782 0 0 0 13200 0 18555 0 375941 0 0 JAMES H PETTY EVP, CHIEF STRATEGY OFFICER 0 295422 0 66385 0 0 0 13200 0 18623 0 393630 0 0 PATRICK M PLUMADORE VP, HOSPITALITY & RESTAUR. SVC. 0 257299 0 43460 0 0 0 11984 0 737 0 313480 0 0 PAUL M REINBOLD MD CMD VP & CHIEF MEDICAL DIRECTOR 0 314877 0 56466 0 0 0 13200 0 18584 0 403127 0 0 BRIAN ROUNSAVILL VP, PROCUREMENT & CONTRACT MGMT 0 163024 0 16761 0 0 0 7076 0 68 0 186929 0 0 HOLLY S SCHADE SVP, CHIEF CLINICAL OFFICER 0 308996 0 64398 0 0 0 13200 0 13970 0 400564 0 0 DAVID VEGA VP, OPERATION ANALYSIS & COMP 0 187343 0 18416 0 0 0 0 0 7698 0 213457 0 0 TERUKO A WHITE VP OF OPERATIONS, MID-ATLANTIC 0 256423 0 47898 0 0 0 12421 0 14873 0 331615 0 0 LORI M WOODWARD SVP, CHIEF MARKETING OFFICER 0 299994 0 65057 0 0 0 13200 0 7994 0 386245 0 0 CATHERINE LECLERC EXECUTIVE DIRECTOR 0 203796 0 21035 0 0 0 7688 0 7302 0 239821 0 0 ANN ANDERSON REGISTERED NURSE 204602 0 10112 0 0 0 8728 0 7250 0 230692 0 0 0 JOYA MAROTTA EXECUTIVE DIRECTOR 0 191130 0 12721 0 0 0 18748 0 14345 0 236944 0 0 ANN BUDDINGTON LICENSED PRACTICAL NURSE 204012 0 1000 0 0 0 8641 0 17791 0 231444 0 0 0 DEBRA RUCKER REGISTERED NURSE 292776 0 0 0 0 0 5840 0 76 0 298692 0 0 0 Schedule J, Part I, Line 1a Travel for companions THE ORGANIZATION HAS AN ANNUAL BOARD OF DIRECTOR'S EDUCATIONAL RETREAT NEAR ONE OR MORE OF THE ORGANIZATION'S COMMUNITIES, WHICH MAY REQUIRE SOME OR ALL BOARD MEMBERS TO TRAVEL. SPOUSES OF BOARD MEMBERS ARE ALSO INVITED TO ATTEND AT THE COMPANY'S EXPENSE. THESE SPOUSES PARTICIPATE IN EDUCATIONAL SESSIONS, SINCE THEY TOO HAVE AN INTEREST IN THE MISSION OF THE ORGANIZATION, FREQUENTLY BECOME INVOLVED IN DISCUSSION OF THEIR SPOUSE'S ROLE AND HOW THE ORGANIZATION FUNCTIONS, AND ALSO MUST PROVIDE ENABLING SUPPORT TO THE BOARD MEMBER. IN ADDITION, SPOUSES ALSO PROVIDE INSIGHT INTO THE EFFECTS OF ORGANIZATIONAL PLANS AND STRATEGIES. AS SUCH, THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION. Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation IT HAS BEEN THE PRACTICE OF THE MANAGEMENT COMPANY, ACTS MANAGEMENT SERVICES, INC., TO UTILIZE AN INDEPENDENT COMPENSATION CONSULTANT ON AN APPROXIMATELY BIENNIAL BASIS FOR THE PURPOSE OF REVIEWING THE COMPENSATION PROGRAM FOR THE ORGANIZATION'S TOP MANAGEMENT POSITIONS, RANGING FROM COMMUNITY MANAGERS UP TO THE CEO. THE STUDY, THE LATEST VERSION OF WHICH WAS COMPLETED IN 2023, INCLUDES COMPARISON OF NOT-FOR-PROFIT AND FOR-PROFIT COMPETITORS, OPERATING EFFECTIVENESS, IDENTIFICATION OF INDUSTRY SPECIFIC TRENDS OR PRACTICES IN COMPENSATION OR RECRUITMENT/EMPLOYMENT. MEASUREMENT AND ACTION ARE GENERALLY FOCUSED AT THE LEVELS FROM THE MEDIAN UP TO THE SEVENTY-FIFTH PERCENTILE AS IDENTIFIED IN THE STUDY. COMPENSATION ADJUSTMENTS FOR THE PRESIDENT & CEO ARE DETERMINED BY A COMMITTEE OF INDEPENDENT BOARD MEMBERS APPOINTED BY THE CHAIRMAN AND ARE BASED ON THE FINDINGS OF THE MOST RECENT STUDY AND A REVIEW OF PERFORMANCE COMPARED AGAINST OBJECTIVE CRITERIA. THIS DETERMINATION IS REPORTED TO AND APPROVED BY THE BOARD OF DIRECTORS AND IS DOCUMENTED IN WRITING BY THE BOARD CHAIR. SIMILARLY, COMPENSATION ADJUSTMENTS FOR THE MOST SENIOR MEMBERS OF MANAGEMENT REFLECT STUDY FINDINGS AND PERFORMANCE MEASUREMENT AGAINST SPECIFIED CRITERIA AND ARE DETERMINED BY THE CEO AND REVIEWED WITH THE BOARD CHAIR. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan OTHER COMPENSATION FOR KAREN I. CHRISTIANSEN, GERALD T. GRANT, GLENN D. FOX, JEFFERSON D. KAIGHN, AND JONATHAN D. GRANT INCLUDES ACCRUALS FOR A DEFERRED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. THE AMOUNT OF THE CURRENT YEAR ACCRUAL IS $219,621 FOR KAREN I. CHRISTIANSEN (NON-VESTED), $858,466 FOR GERALD T. GRANT (NON-VESTED), $485,929 FOR GLENN D. FOX (NON-VESTED), $302,720 FOR JEFFERSON D. KAIGHN (NON-VESTED), AND $4,532 FOR JONATHAN D. GRANT (NON-VESTED). A PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY 521297506 69650MAK5 2012-07-25 14647385 ISSUED TO REFUND THE SERIES 1998 FL BONDS, ISSUED DEC. 1998 false false false B GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY 581501826 362763AN4 2012-07-25 13343290 ISSUED TO REFUND THE SERIES 1999 BONDS, ISSUED DEC. 1999 false false false C GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY 581501826 362754DM2 2003-12-10 38500000 GA VARIABLE RATE BONDS SERIES 2003 B ISSUED TO FUND COMMUNITY EXPANSION false false false D ESCAMBIA COUNTY HEALTH FACILITIES AUTHORITY 521378815 296110FA2 2003-07-24 25395000 TO FUND CAPITAL AND REFUND SERIES 1997 BONDS ISSUED MARCH, 1997 false false false A 13330000 14647385 157094 13823791 2012 true false true true B 12080000 13343290 143578 12627362 2012 true false true true C 14795000 38500000 2751660 703271 580000 33026073 1940656 2005 false false true true D 12880000 25395000 1201249 507900 1312615 22364390 2003 true false true true A false true true true false 0.0 0.0 0.0 false false true B false true true true false 0.0 0.0 0.0 false false true C false true true true false 0.0 0.0 0.0 false false true D false true true true false 0.0 0.0 0.0 false false true A false false false true false false true AEGON 6.3 true false true B false false false true false false true AEGON 5.3 true false true C false false false true true true BANK OF AMERICA 24.9 false false true AEGON 24.6 true false true D false false false true true true BANK OF AMERICA 20.6 false false true AIG 20.6 true false true A true B true C true D true Schedule K, Part IV, Line 2c COLUMN A Issuer name: PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY The calculation for computing no rebate due was performed on 06/30/2022 Schedule K, Part IV, Line 2c COLUMN B Issuer name: GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 06/30/2022 Schedule K, Part IV, Line 2c COLUMN C Issuer name: GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 11/15/2023 Schedule K, Part IV, Line 2c COLUMN D Issuer name: ESCAMBIA COUNTY HEALTH FACILITIES AUTHORITY The calculation for computing no rebate due was performed on 07/23/2023 Schedule K, Part IV, Line 2c COLUMN B Issuer name: MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 12/31/2019 Schedule K, Part IV, Line 2c COLUMN C Issuer name: PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY The calculation for computing no rebate due was performed on 12/31/2019 Schedule K, Part IV, Line 2c COLUMN D Issuer name: GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 12/31/2019 Schedule K, Part IV, Line 2c COLUMN A Issuer name: MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 11/15/2020 Schedule K, Part IV, Line 2c COLUMN B Issuer name: PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY The calculation for computing no rebate due was performed on 12/31/2022 Schedule K, Part IV, Line 2c COLUMN C Issuer name: THE DELAWARE ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 12/31/2022 Schedule K, Part IV, Line 2c COLUMN D Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 11/15/2020 Schedule K, Part IV, Line 2c COLUMN A Issuer name: SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY The calculation for computing no rebate due was performed on 12/31/2022 Schedule K, Part IV, Line 2c COLUMN A Issuer name: PUBLIC FINANCE AUTHORITY The calculation for computing no rebate due was performed on 01/31/2023 A DELAWARE ECONOMIC DEVELOPMENT AUTHORITY 510269736 NONEAVAIL 2013-12-16 47675000 TO REFUND THE SERIES 2007A BONDS false false false B MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232245125 61360PCK4 2016-08-16 116955010 ISSUED TO REFUND THE PA SERIES 2006 & 2009 BONDS false false false C PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY 521297506 69650MAV1 2016-08-16 125913985 ISSUED TO REFUND THE FL SERIES 2006 2010 BONDS false false false D GAINESVILLE AND HALL COUNTY DEVELOPMENT AUTHORITY 581501826 362763AQ7 2016-08-16 8718036 ISSUED TO REFUND THE GA SERIES 2009 BONDS false false false A 5980000 47675000 1029427 47675000 2013 true false true true B 116955010 814782 823833 62856986 53274191 2019 true true true true C 27550000 125913985 652955 883611 23932672 101097702 2019 true true true true D 8718036 59405 66166 8651870 2016 false true true true A false true true true false 0.0 0.0 0.0 false false true B false true true true false 0.0 0.0 0.0 false false true C false true true true false 0.0 0.0 0.0 false false true D false true true true false 0.0 0.0 0.0 false false true A false false true false true false false false true B false false false true false false false false true C false false false true false false false false true D false false false true false false false false true A true B true C true D true A MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232245125 NONEAVAIL 2018-06-28 31615000 REPAY LINE OF CREDIT USED FOR CAPITAL PROJECT false false false B PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY 521297506 69650MAW9 2018-06-28 51751642 REFINANCING OF A LINE OF CREDIT USED FOR CAPITAL PROJECT false false false C THE DELAWARE ECONOMIC DEVELOPMENT AUTHORITY 510269736 246371AA6 2018-06-28 39645855 REPAY LINE OF CREDIT USED FOR CAPITAL PROJECT false false false D PUBLIC FINANCE AUTHORITY 273866124 NONEAVAIL 2018-06-28 32065000 REPAY CONSTRUCTION LINE OF CREDIT FOR CAPITAL PROJECTS false false false A 31615000 95902 245189 31369811 2020 false false true true B 51751642 392624 426507 51325135 2022 false false true true C 39645855 299996 3533224 474576 35638054 2020 false false true true D 32065000 97268 268845 31796155 2018 false false true true A false true true true false 0.0 0.0 0.0 false false true B false true true true false 0.0 0.0 0.0 false false true C false true true true false 0.0 0.0 0.0 false false true D false true true true false 0.0 0.0 0.0 false false true A false false false true false false false false true B false false false true false false false false true C false false false true false false false false true D false false false true false false false false true A true B true C true D true A SOUTH CAROLINA JOBS-ECONOMIC DEVELOPMENT AUTHORITY 570960018 83704EAA2 2018-06-28 23826256 TO FUND CAPITAL AND REFUND SERIES 2012 BONDS ISSUED FEBRUARY 2012 false false false B PUBLIC FINANCE AUTHORITY 273866124 74446CAD2 2020-07-16 54545134 TO FUND CAPITAL AND REIMBURSE EXPENDITURES false false false C PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY 521297506 69650MAY5 2020-07-16 21679245 TO FUND CAPITAL AND REIMBURSE EXPENDITURES false false false D MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232245125 61360PCM0 2020-07-16 53074470 TO FUND CAPITAL AND REIMBURSE EXPENDITURES false false false A 23826256 180633 245464 2500000 21080791 2022 true false true true B 54545134 389598 4613687 462919 49468528 2023 false false true true C 21679245 159227 1368436 187029 20164562 2023 false false true true D 8305000 53074470 379787 3375626 481191 49371429 2023 false false true true A false true true true false 0.0 0.0 0.0 false false true B false true true true false 0.0 0.0 0.0 false false true C false true true true false 0.0 0.0 0.0 false false true D false true true true false 0.0 0.0 0.0 false false true A false false false true false false false false true B false true false false false false false false true C false true false false false false false false true D false true false false false false false false true A true B true C true D true A PUBLIC FINANCE AUTHORITY 273866124 74446CAA8 2019-08-15 50200300 CAPITAL ADDITIONS AND REFINANCING false false false B MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232245125 61360PCX6 2023-12-20 10463433 ESTABLISH A CAPITAL FUND FOR FUTURE PROJECTS false false false C DELAWARE ECONOMIC DEVELOPMENT AUTHORITY 510269736 246371AD0 2023-12-20 59358835 REPAY LINE OF CREDIT Used for FUND CAPITAL PROJECT false false false D PUBLIC FINANCE AUTHORITY 273866124 NONEAVAIL 2019-03-07 5100000 TO ESTABLISH A CAPITAL FUND FOR FUTURE PROJECTS false false false A 2450000 50200300 193625 694407 10159211 39453426 2023 true false true true B 10463433 581555 339194 171895 9952344 false false false true C 59358835 328874 94096 940683 55000000 3324057 false false false true D 532000 5100000 1286 100000 5000000 2019 false false true true A false true true true false 0.0 0.0 0.0 false false true B false true true true false 0.0 0.0 0.0 false false true C false true true true false 0.0 0.0 0.0 false false true D false true true true false 0.0 0.0 0.0 false false true A false false false true false false false false true B false true false false false false false false true C false true false false false false false false true D false true false false false false false false true A true B true C true D true Holly Schade Officer of ACTS 6324 FAMILY RELATIONSHIP; HOLLY SCHADE, AN OFFICER OF ACTS RETIREMENT-LIFE COMMUNITIES, INC., HAS ONE FAMILY MEMBER WHO IS EMPLOYED BY ACTS RETIREMENT-LIFE COMMUNITIES, INC. MRS. SCHADE DOES NOT DIRECTLY SUPERVISE THIS INDIVIDUAL, AND THEREFORE IS NOT INVOLVED IN DETERMINING COMPENSATION AND REVIEWING PERFORMANCE. false Teruko White Officer of ACTS 75045 FAMILY RELATIONSHIP; TERUKO WHITE, AN OFFICER OF ACTS RETIREMENT-LIFE COMMUNITIES, INC., HAS ONE FAMILY MEMBER WHO is EMPLOYED BY ACTS RETIREMENT-LIFE COMMUNITIES, INC. MRS. WHITE DOES NOT DIRECTLY SUPERVISE THIS INDIVIDUAL, AND THEREFORE IS NOT INVOLVED IN DETERMINING COMPENSATION AND REVIEWING PERFORMANCE. false Christopher J Hartman Sr Officer of ACTS 156294 FAMILY RELATIONSHIP; CHRISTOPHER J. HARTMAN, SR., AN OFFICER OF ACTS RETIREMENT-LIFE COMMUNITIES, INC., HAS TWO FAMILY MEMBERS WHO ARE EMPLOYED BY ACTS RETIREMENT-LIFE COMMUNITIES, INC. MR. HARTMAN DOES NOT DIRECTLY SUPERVISE THESE INDIVIDUALS, AND THEREFORE IS NOT INVOLVED IN DETERMINING COMPENSATION AND REVIEWING PERFORMANCE. false Form 990, Part III, Line 2 New program services EFFECTIVE 2/1/2023 AT 12:01 AM, PRESBYTERIAN RETIREMENT CORPORATION, INC. (EIN 63-0770753) MERGED INTO ACTS-RETIREMENT LIFE COMMUNITIES, INC. (EIN 23-1900132) AS AN OPERATING DIVISION. Form 990, Part VI, Line 1a SECTION A, LINE 1: THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO TRANSACT SUCH BUSINESS AS SHALL BE NECESSARY FOR THE ADMINISTRATION AND OPERATION OF THE CORPORATION BETWEEN BOARD OF DIRECTORS' MEETINGS SUBJECT TO CERTAIN LIMITS SPECIFIED IN THE BYLAWS. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons KAREN I. CHRISTIANSEN and CHRISTOPHER J. HARTMAN both officers of Acts Retirement-Life Communities, Inc. - Family relationship Form 990, Part VI, Line 3 Delegation of management duties ACTS MANAGEMENT SERVICES, INC., AN AFFILIATED ENTITY, PROVIDES MANAGEMENT SERVICES TO ACTS RETIREMENT-LIFE COMMUNITIES, INC. Form 990, Part VI, Line 6 Classes of members or stockholders ACTS RETIREMENT-LIFE COMMUNITIES, INC. IS A PENNSYLVANIA TAX-EXEMPT ORGANIZATION OF WHICH ACTS RETIREMENT SERVICES, INC., A RELATED PENNSYLVANIA TAX-EXEMPT ORGANIZATION, IS THE SOLE MEMBER. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders ACTS RETIREMENT SERVICES, INC., A RELATED PENNSYLVANIA TAX-EXEMPT ORGANIZATION, IS THE SOLE MEMBER OF ACTS RETIREMENT-LIFE COMMUNITIES, INC. AS SOLE MEMBER, IT HAS THE RIGHT TO APPROVE ALL AMENDMENTS OR ALTERATIONS TO THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS BEFORE CHANGES BECOME EFFECTIVE. Form 990, Part VI, Line 11b Review of form 990 by governing body AFTER REVIEW BY THE ACTS' CFO, THE FORM 990 IS REVIEWED, BEFORE FILING, BY THE ACTS BOARD OF DIRECTORS' AUDIT and compliance COMMITTEE, WHICH INCLUDES one CERTIFIED PUBLIC ACCOUNTANT. THE FORM 990 IS THEN PROVIDED TO THE OTHER MEMBERS OF THE ACTS RETIREMENT-LIFE COMMUNITIES, INC. GOVERNING BODY BEFORE FILING. Form 990, Part VI, Line 12c Conflict of interest policy A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED ON AN ANNUAL BASIS BY THE ORGANIZATION'S OFFICERS, DIRECTORS AND TRUSTEES. THE OFFICERS AND DIRECTORS REPORT ON ANY FAMILY OR BUSINESS RELATIONSHIPS WITH ANY BOARD MEMBER, OFFICER OR KEY EMPLOYEE OF THE ORGANIZATION AND ITS AFFILIATES. IF ANY FAMILY OR BUSINESS RELATIONSHIPS ARE DISCLOSED, THEY ARE REPORTED ON SCHEDULE L AS APPROPRIATE. IN ADDITION, THE RESPONSES ARE REVIEWED BY THE PRESIDENT & CEO AND CHAIRMAN OF THE BOARD OF DIRECTORS TO DETERMINE IF CONFLICTS ARE PRESENT AND IF SO, THE EXTENT OF THE CONFLICT. FOR CONFLICTS THAT ARISE, THE OFFICER, DIRECTOR OR TRUSTEE MUST RECUSE THEMSELVES FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS THAT INVOLVE THE DETERMINED CONFLICT. Form 990, Part VI, Line 15a Process to establish compensation of top management official IT HAS BEEN THE PRACTICE OF THE MANAGEMENT COMPANY, ACTS MANAGEMENT SERVICES, INC., TO UTILIZE AN INDEPENDENT COMPENSATION CONSULTANT ON AN APPROXIMATELY BIENNIAL BASIS FOR THE PURPOSE OF REVIEWING THE COMPENSATION PROGRAM FOR THE ORGANIZATIONS' TOP MANAGEMENT POSITIONS, RANGING FROM COMMUNITY MANAGERS UP TO THE CEO. THE STUDY, THE LATEST VERSION OF WHICH WAS COMPLETED IN 2023, INCLUDES COMPARISON OF NOT-FOR-PROFIT AND FOR-PROFIT COMPETITORS, OPERATING EFFECTIVENESS, AND IDENTIFICATION OF INDUSTRY SPECIFIC TRENDS OR PRACTICES IN COMPENSATION OR RECRUITMENT/EMPLOYMENT. MEASUREMENT AND ACTION ARE GENERALLY FOCUSED AT THE LEVELS FROM THE MEDIAN UP TO THE SEVENTY-FIFTH PERCENTILE AS IDENTIFIED IN THE STUDY. COMPENSATION ADJUSTMENTS FOR THE PRESIDENT & CEO ARE DETERMINED BY A COMMITTEE OF INDEPENDENT BOARD MEMBERS APPOINTED BY THE CHAIRMAN AND ARE BASED ON THE FINDINGS OF THE MOST RECENT STUDY AND A REVIEW OF PERFORMANCE COMPARED AGAINST OBJECTIVE CRITERIA. THIS DETERMINATION IS REPORTED TO AND APPROVED BY THE BOARD OF DIRECTORS AND IS DOCUMENTED IN WRITING BY THE BOARD CHAIR. SIMILARLY, COMPENSATION ADJUSTMENTS FOR THE MOST SENIOR MEMBERS OF MANAGEMENT REFLECT STUDY FINDINGS AND PERFORMANCE MEASUREMENT AGAINST SPECIFIED CRITERIA AND ARE DETERMINED BY THE CEO AND REVIEWED WITH THE BOARD CHAIR. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE FILLED WITH NUMEROUS REGULATORY AUTHORITIES AND, THEREFORE, ARE AVAILABLE TO THE PUBLIC. IN ADDITION, UPON RECEIPT OF A REQUEST AND ITS REVIEW, THE ORGANIZATION WILL MAKE AVAILABLE SUCH DOCUMENTS, AS DEEMED APPROPRIATE. AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC. CERTAIN FINANCIAL STATEMENTS, SUCH AS ANNUAL REPORTS AND QUARTERLY REPORTS, ARE POSTED TO THE ORGANIZATION'S WEBSITE AND ARE ALSO AVAILABLE AT EACH OF THE ORGANIZATION'S COMMUNITIES. IN ADDITION, FINANCIAL INFORMATION IS INCLUDED IN THE DISCLOSURE PACKAGES THAT ARE PROVIDED TO PROSPECTIVE RESIDENTS AND MADE AVAILABLE TO THE PUBLIC. CERTAIN OTHER FINANCIAL STATEMENTS ARE ALSO PROVIDED UPON REQUEST. Form 990, Part VII, Section A, Line 1a COMPENSATION OF OFFICERS* OTHER COMPENSATION INCLUDES ACCRUALS FOR A DEFERRED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR KAREN I. CHRISTIANSEN (NON-VESTED), GERALD T. GRANT (NON-VESTED), JEFFERSON D. KAIGHN (NON-VESTED), GLENN D. FOX (NON-VESTED), AND JONATHAN D. GRANT (NON-VESTED). Form 990, Part VIII, Line 2f Other Program Service Revenue Resident Ancillary Revenue - Total Revenue: 4273467, Related or Exempt Function Revenue: 4273467, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue MISCELLANEOUS INCOME - Total Revenue: 275980, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 275980; STORE INCOME - Total Revenue: 73221, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 73221; EMPLOYEE MEALS - Total Revenue: 32225, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 32225; COPIER CHARGES - Total Revenue: 5496, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 5496; DISCOUNTS EARNED - Total Revenue: 1861, Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: 1861; Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN BENEFICIAL INTEREST IN INVESTMENTS OF ACTS LEGACY FOUNDATION - -3633640; CHANGE IN BENEFICIAL INTEREST IN INVESTMENTS OF CFSA - 28180; TRANSFER TO ACTS LEGACY FOUNDATION, INC. - -390943; TRANSFER FROM PRESBYTERIAN RETIREMENT CORPORATION, INC. - -3515205; LOSS ON EARLY EXTINGUISHMENT OF DEBT - -63560; Form 990, Part XII, Line 2c PART XII, FINANCIAL STATEMENTS AND REPORTING The organization's annual financial statements are audited on a CONSOLIDATED BASIS AND THE ORGANIZATION HAS AN AUDIT and compliance COMMITTEE CONSISTING OF BOARD MEMBERS ONLY THAT EXERCISES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. ACTS ACQUISITON AND DEVELOPMENT COMPANY LLC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 870909667 ACQUISITION AND DEVELOPMENT SERVICES, FLOW THROUGH ENTITY FL 12286802 1418481 ACTS RETIREMENT-LIFE COMMUNITIES INC ACTS RETIREMENT SERVICES INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 264573260 SUPPORTING ORGANIZATION PA 501(c)(3) Type II NA false ACTS SIGNATURE COMMUNITY SERVICES INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 264573131 HOSPICE, HOME HEALTH AND PRIMARY CARE SERVICES PA 501(c)(3) 10 ACTS RETIREMENT-LIFE COMMUNITIES INC true ACTS MANAGEMENT SERVICES INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 264573412 CENTRALIZED MANAGEMENT AND DEVELOPMENT SERVICES PA 501(c)(3) Type II ACTS RETIREMENT SERVICES INC false ACTS LEGACY FOUNDATION INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 912161987 FUNDRAISING DE 501(c)(3) Type I ACTS RETIREMENT-LIFE COMMUNITIES INC true INTEGRACE INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 521710891 OWNS AND OPERATES CONTINUING CARE RETIREMENT COMMUNITIES MD 501(c)(3) 10 ACTS ACQUISITION AND DEVELOPMENT COMPANY LLC false MEASE LIFE INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 591005403 CONTINUING CARE RETIREMENT COMMUNITY FL 501(c)(3) 10 ACTS ACQUISITION AND DEVELOPMENT COMPANY LLC false MEASE LIFE RESIDENTS FOUNDATION INC 700 MEASE PLAZA DUNEDIN FL 346986680 592437006 FUNDRAISING FL 501(c)(3) Type III-FI MEASE LIFE INC false PRESBYTERIAN RETIREMENT CORPORATION INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 630770753 CONTINUING CARE RETIREMENT COMMUNITY AL 501(c)(3) 10 ACTS ACQUISITION AND DEVELOPMENT COMPANY LLC false false false true true false false false false false true false false true true true true true true true