2023-05-09T11:30:11-05:00 2022-06-30 205367494 ALAN ROSS & COMPANY PC 10 HEARTHSTONE COURT SUITE 100 READING PA 19606 990 2021-07-01 222790840 THE HIGHLANDS AT WYOMISSING HIGH 6107752300 2000 CAMBRIDGE AVE WYOMISSING PA 19610 RICK MELCHER CFO 6107752300 2023-05-09 1 RICK MELCHER XXX-XX-XXXX ALAN D ROSS CPA P00072435 6107799555 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z RICK MELCHER 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 41918123 0 X WWW.THEHIGHLANDS.ORG X 1989 PA THE HIGHLANDS AT WYOMISSING IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY SERVING OLDER ADULTS AND CONTRIBUTING TO THE BERKS COUNTY COMMUNITY. 12 7 565 70 0 0 2832775 216432 29013706 33160075 3749699 3699472 1031136 1142123 36627316 38218102 0 0 0 0 13672767 14591352 0 0 100407 18982130 20443608 32654897 35034960 3972419 3183142 190939842 185646037 125380062 129530968 65559780 56115069 X THE MISSION OF THE HIGHLANDS AT WYOMISSING IS TO ENRICH THE LIVES OF SENIOR ADULTS THROUGH SPONSORSHIP OF A HIGH-QUALITY, NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY. OUR COMMUNITY SETS THE STANDARD OF EXCELLENCE IN RETIREMENT LIVING BY PROVIDING EXCEPTIONAL QUALITY OF LIFE, SECURITY AND VALUE. 0 0 15756449 20938631 THE HIGHLANDS AT WYOMISSING OPERATES 299 RESIDENTIAL LIVING FACILITY THAT PROVIDES HOUSING, SOCIAL SERVICE SUPPORT, SOCIAL ACTIVITIES, AND HEALTH AND WELLNESS ACTIVITIES TO OUR RESIDENTS. DURING FY 2022, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 408 RESIDENTS FOR A TOTAL OF 135,421 RESIDENT DAYS. 5196985 4479787 THE HIGHLANDS AT WYOMISSING OPERATES 63 BED PERSONAL CARE AND MEMORY SUPPORT FACILITY THAT PROVIDES HOUSING, SUPERVISED DAILY ACTIVITIES, AND MODERATE MEDICAL CARE TO OUR RESIDENTS. DURING FY 2022, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 95 RESIDENTS FOR A TOTAL OF 22,148 RESIDENT DAYS. 8109168 7741657 THE HIGHLANDS AT WYOMISSING OPERATES AN 80 BED SKILLED NURSING CARE FACILITY THAT PROVIDES HOUSING, SKILLED NURSING CARE, POST ACUTE CARE, AND SOCIAL ACTIVITIES TO OUR RESIDENTS. DURING FY 2022, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 376 RESIDENTS FOR A TOTAL OF 20,681 RESIDENT DAYS. 283734 PROVIDE RECREATIONAL ACTIVITIES FOR ELDERLY RESIDENTS 283734 29346336 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 17 0 1 565 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 7 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X RICK MELCHER 6107752300 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 KEVIN P DEACOSTA PRESIDENT/CEO 40.00 X X 334687 0 86449 BARBARA J KLINE DIRECTOR 1.00 X 0 0 0 JUNE T MAIER DIRECTOR 1.00 X 0 0 0 MICHAEL J ROWLEY CPA TREASURER 1.00 X X 0 0 0 DANIEL J WINKLER DIRECTOR 1.00 X 0 0 0 DAVID L GEORGE MD DIRECTOR 1.00 X 0 0 0 GEOFFREY EDDOWES CHAIRMAN 1.00 X X 0 0 0 FAITH L OTT DIRECTOR 1.00 X 0 0 0 BRUCE G SMITH VICE CHAIRMAN 1.00 X X 0 0 0 PETER J CONNERS CFA DIRECTOR 1.00 X X 0 0 0 KEITH MOONEY ESQ DIRECTOR 1.00 X X 0 0 0 DANIEL B KIMBALL SECRETARY 1.00 X X 0 0 0 DANIEL B HANEMAN DIRECTOR 1.00 X 0 0 0 MARIANNE PESSOGNELLI CFO 40.00 X 129977 0 33989 KRISTEN SANTANGELO NURSING HEALTH CARE ADMINI 40.00 X 151991 0 39400 CURTIS EVANS COO 40.00 X 241398 0 61466 LORENA LAZARCHICK DIRECTOR OF COMMUNITY LIFE 40.00 X 105345 0 28282 HOLLY MOYLAN PERSONAL CARE ADMINISTRATO 40.00 X 69349 0 19282 ESPINAL DAMARIS DIRECTOR OF HUMAN RESOURCE 40.00 X 81241 0 22227 MARTIN CAMERON VP DEVELOPMENT & MARKETING 40.00 X 62711 0 16635 BLAKE DAUB VP OF HUMAN RESOURCES 40.00 X 0 0 0 RICK MELCHER CFO 40.00 X 0 0 0 1176699 0 307730 5 0 1 0 CCS BUILDING GROUP 100 WILLOW VALLEY LAKES DRIVE WILLOW STREET PA 17584 CONSTRUCTION SERVICES 5964367 HEALTHPRO HERITAGE PO BOX 69268 BALTIMORE MD 21264 THERAPY SERVICES 1177630 RLPS ARCHITECTS 250 VALLEYBROOK DR LANCASTER PA 17601 ARCHITECTURAL & DESIGN SERVICES 949143 WEIDENHAMMER SYSTEMS CORP 935 BERKSHIRE BLVD WYOMISSING PA 19610 IT SERVICES 470460 SAGE AGE STRATEGIES PO BOX 88687 MILWAUKEE WI 53288 MARKETING SERVICES 459903 17 216432 216432 RESIDENTIAL FEES 623000 20938631 20938631 SKILLED NURSING 623000 7741657 7741657 PERSONAL CARE 623000 4479787 4479787 33160075 820077 820077 6579416 3700021 2879395 2879395 2879395 HOMECARE 623000 910116 910116 DINING 623000 35952 35952 MAINTENANCE 623000 17639 17639 178416 178416 1142123 38218102 33160075 0 4841595 334687 334687 11463850 9161810 2261811 40229 448936 337382 109956 1598 1500753 965164 533801 1788 843126 666125 174465 2536 282637 42446 240191 116521 116521 76377 76377 3473554 2125768 1347786 33966 33966 2760024 2744148 15876 9297 2998 6299 11241 3198 8043 3563980 3543480 20500 6235623 6199757 35866 313013 311213 1800 SUPPLIES 2228196 2194675 33521 EQUIPMENT RENTAL & MAIN 433361 356273 77088 NURSING EXPENSE - OTHER 165598 165598 MINOR EQUIPMENT EXPENSE 111264 75712 35552 628956 450589 124111 54256 35034960 29346336 5588217 100407 898402 2203975 1794721 2371654 174103 186875 497463 849821 191301894 77119963 111362080 114181931 68681656 58149525 7531417 7521819 0 180437 190939842 185646037 4607229 5982227 332442 752309 79794485 82327330 40645906 40469102 125380062 129530968 X 65430411 55941065 129369 174004 65559780 56115069 190939842 185646037 3183142 -12627853 0 X 0 1 X 1 1 1 X 54368 93567 1675994 2832775 216432 4873136 29930183 29645694 29897122 29013706 33160075 151646780 1471161 1413438 1232282 1031136 1142123 6290140 31455712 31152699 32805398 32877617 34518630 162810056 0 0 0 162810056 1466214 1076208 2194302 1771998 820077 7328799 1466214 1076208 2194302 1771998 820077 7328799 32921926 32228907 34999700 34649615 35338707 170138855 0.95690 0.95330 0.04310 0.04670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13829639 21757 -1895397 199712 58545 11697742 11376733 24070 2873085 388870 55379 13829639 10659103 544985 507857 286217 48995 11376733 10251501 36173 603832 186135 46268 10659103 9792964 68800 699187 260105 49345 10251501 0 0 5000000 5000000 175192997 70592540 104600457 11108897 6527423 4581474 114181931 DEFERRED REVENUE 39590645 PROSPECTIVE RESIDENT DEPOSITS 613300 SECURITY & RESTORATION DEPOSITS 36000 GIFT ANNUITIES PAYABLE 229157 40469102 X 25590249 -12627853 -12627853 38218102 0 38218102 35034960 0 35034960 0 35034960 PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PRESERVE, INCREASE, DISTRIBUTE AND UTILIZE THE ASSETS OF THE ENDOWMENT FUND FOR THE BENEFIT OF THE RESIDENTS AND COMMUNITY OF THE HIGHLANDS IN ACCORDANCE WITH THE DETERMINATIONS OF THE BOARD. TO DATE, THE FUND HAS BEEN UTILIZED TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS WHO THROUGH NO FAULT OF THEIR OWN DEMONSTRATE AN INABILITY TO PAY THE MONTHLY SERVICE FEE AND OTHER CHARGES RELATED TO THEIR RESIDENCY. PART X, LINE 2: THE HIGHLANDS EVALUATES UNCERTAIN TAX POSITONS USING A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN AN UNREALTED BUSINESS ACTIVITY TAX RETURN, AND DISCLOSURES REGARDING UNCERTAINIES IN TAX POSITIONS. THE HIGHLANDS DETERMINED THAT IT WAS NOT REQUIRED TO FILE ANY UNRELATED BUSINESS INCOME TAX RETURN AND NO ADJUSTMENTS TO THE FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THIS EVALUATION. X X 0 0 0 0 0 0 0 0 0 KEVIN P DEACOSTA PRESIDENT/CEO 334687 0 0 0 0 0 10299 0 76150 0 421136 0 0 0 CURTIS EVANS COO 241398 0 0 0 0 0 6597 0 54869 0 302864 0 0 0 KRISTEN SANTANGELO NURSING HEALTH CARE ADMINI 151991 0 0 0 0 0 4793 0 34607 0 191391 0 0 0 MARIANNE PESSOGNELLI CFO 129977 0 0 0 0 0 3913 0 30076 0 163966 0 0 0 A BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAD8 2017-09-29 26895713 FINANCE A PORTION OF INDEBTEDNESS, FUND DEBT SERVICE RESERVE & PAY COSTS 0 0 0 B BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAK2 2017-12-20 18709964 FUND DESIGN & CONSTRUCTION OF FACILITIES ACQUISITION & INSTALLATION OF EQUIP 0 0 0 C BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAR7 2018-04-10 22820000 FINANCE REMAINING OF INDEBTEDNESS, FUND DEBT SERVICE RESERVE & PAY COSTS 0 0 0 A 26895713 1969000 534610 12402844 11989259 2018 1 0 1 1 B 18709964 1377029 332935 17000000 2020 0 0 1 1 C 24738093 2042091 411020 20284982 2018 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 PART 2, LINE 3 PROCEEDS OF ISSUE THE TOTAL PROCEEDS OF THE ISSUE ARE $1,918,093 GREATER THAN THE ISSUE PRICE REPORTED ON SCHEDULE K, PART 1, LINE C, COLUMN (E) DUE TO AN ORIGINAL ISSUE PREMIUM. BARBARA J KLINE RESIDENT BOARD MEMBER 71940 PD MONTHLY RESIDENT FEES 0 BARLEY SNYDER LLP BOARD MEMBER IS PARTNER LAW FIRM 141155 LEGAL SERVICES FEES 0 SAGE AGE STRATEGIES INC BOARD MEMBER IS FOUNDER/CEO OF CORPORATION 459903 CONSULTING SERVICES 0 DANIEL KIMBALL MD RESIDENT BOARD MEMBER 88532 PD MONTHLY RESIDENT FEES 0 CCI CONSULTING BOARD MEMBER IS VP OF SALES 10000 CONSULTING SERVICES 0 FORM 990, PART VI, SECTION A, LINE 7A INDIVIDUALS ARE ELECTED AND APPOINTED TO THE GOVERNING BODY OF THE HIGHLANDS AT WYOMISSING BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED PRIOR TO FILING BY THE CFO AND STAFF. THE FORM 990 IS REVIEWED BY BOTH THE AUDIT AND RISK COMMITTEE OF THE BOARD OF DIRECTORS AND THE FULL BOARD OF DIRECTORS AND IS APPROVED BY THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, MEMBERS OF A COMMITTEE AND EXECUTIVE TEAM ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THERE ARE ALSO PERIODIC REVIEWS PERFORMED TO VERIFY ADHERENCE TO THE CONFLICT OF INTEREST POLICY. IF THE REVIEWER FINDS AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL TAKE APPROPRIATE CORRECTIVE AND/OR DISCIPLINARY ACTION. TRAINING PROVIDED ANNUALLY FOR ALL EMPLOYEES ON CORPORATE COMPLIANCE WHICH INCLUDES CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THERE IS AN EXECUTIVE COMPENSATION STUDY DONE BY AN INDEPENDENT THIRD PARTY. THE PERFORMANCE REVIEW COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION AND PERFORMANCE OF ALL KEY MEMBERS OF MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE UPON REQUEST.