2023-07-11T07:29:33-05:00 2022-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2022-01-01 232090256 MARTINS RUN MART 2153540565 626 JACKSONVILLE ROAD 200 WARMINSTER PA 18974 JEFF PETTY PRESIDENT AND CEO 2153540565 2023-07-07 1 JEFF PETTY XXX-XX-XXXX 0 KERRI N BOGDA CPA P00760402 7177404863 2023-06-27 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z WESLEY ENHANCED LIVING MAIN LINE JEFF PETTY 626 JACKSONVILLE ROAD 200 WARMINSTER PA 18974 17827078 0 X WWW.WEL.ORG X 1978 PA THE ORGANIZATION OPERATES A NON-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, INCLUDING INDEPENDENT APARTMENTS, PERSONAL CARE APARTMENTS, AND A SKILLED NURSING FACILITY. 2 0 343 58 40 0 1630003 297620 14674279 16737708 200755 117803 182416 262991 16687453 17416122 34202 32881 0 0 8792924 9356565 0 0 0 9268516 9713493 18095642 19102939 -1408189 -1686817 46788382 45631014 51074594 52181419 -4286212 -6550405 TO MAKE A COMPELLING DIFFERENCE IN THE LIVES OF OUR RESIDENTS THROUGH PROVIDING EXCELLENCE AND INNOVATION IN AGING SERVICES. 0 0 14456295 32881 16737708 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 161 INDEPENDENT APARTMENTS, 30 PERSONAL CARE UNITS, AND A 60 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. CAPACITY FOR THE YEAR WAS 94.36% FOR INDEPENDENT LIVING, 89.62% FOR PERSONAL CARE AND 96.54% FOR NURSING. 14456295 1 1 0 0 0 0 0 1 1 1 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 1 1 0 0 1 26 0 343 1 0 0 0 0 0 0 0 0 0 0 0 0 X 2 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 CEO 2153540565 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 JEFF PETTY PRESIDENT AND CEO 1.00 44.00 X X 0 1164295 23285 MIKE DESTEFON EXECUTIVE DIRECTOR 40.00 X X 183834 0 16089 MICHAEL GRIFFIN CFO (UNTIL 9/6/22) 1.00 44.00 X X 0 168397 9480 KIMBERLY ANN RATLIFF DIRECTOR OF NURSING 56.00 X 118297 0 13879 BRENDA MCVEY SALES MANAGER 40.00 X 131623 0 4561 HEATH JONES OCCUPATIONAL THERAPIST 40.00 X 103131 0 13148 VELMA ADHIAMBO ODINGA NURSE SUPERVISOR 45.00 X 110819 0 4967 TAMARA JOHNSON DIR. PERS. CARE, HOMECARE, WELLNESS 40.00 X 103870 0 12948 751574 1332692 98357 6 0 1 0 EBM CONSTRUCTION 8 NORTH RIDGEWAY AVENUE GLENOLDEN PA 19036 CONSTRUCTION/RENOVATION SERVICES 830256 SAXTON & STUMP LLC 280 GRANITE RUN DRIVE LANCASTER PA 17601 LEGAL SERVICES 248424 HUTCHISON 621 CHAPEL AVENUE CHERRY HILL NJ 08034 MECHANICAL CONTRACTOR 127382 3 243883 53737 297620 SKILLED NURSING 623000 7184518 7184518 INDEPENDENT LIVING 623000 4894975 4894975 ENTRANCE FEE AMORTIZATION 623000 2372691 2372691 PERSONAL CARE 623000 2117245 2117245 ASSESSMENT FEES 623000 168279 168279 16737708 136571 136571 1704 0 1704 1704 1704 392188 410956 -18768 -18768 -18768 DINING REVENUE 900099 121167 40 121127 COMMUNITY FEES 900099 87500 87500 TELEPHONE REVENUE 900099 17952 17952 34668 34668 261287 17416122 16737708 40 380754 32881 32881 199923 199923 7263022 6542963 720059 283983 253713 30270 866157 773228 92929 743480 513510 229970 1677060 1677060 494245 494245 19508 19508 558125 344063 214062 108747 108747 527759 452190 75569 1481126 1446350 34776 1186 442 744 1557530 1246024 311506 2134550 1707640 426910 122967 122967 FOOD 711574 711574 MEDICAL SUPPLIES 206808 206808 BAD DEBT 57500 57500 EMPLOYEE EXPENSES 19022 5137 13885 35786 19849 15937 19102939 14456295 4646644 0 66555 284845 816798 468353 171653 175584 46441565 10112487 36789078 36329078 7725567 7150560 1206200 1206200 12531 16394 46788382 45631014 3155927 3615105 9261356 11208570 659568 580661 29966199 29497085 8031544 7279998 51074594 52181419 X -4604562 -6868755 318350 318350 -4286212 -6550405 46788382 45631014 -1686817 -577376 0 X 0 1 X 1 0 X 71096 27950 750361 1630003 297620 2777030 12639544 13354391 13179563 14674279 16737708 70585485 12710640 13382341 13929924 16304282 17035328 73362515 286 286 0 286 286 73362229 382832 432069 172895 186235 138275 1312306 382832 432069 172895 186235 138275 1312306 281019 211547 153349 176144 261247 1083306 13374491 14025957 14256168 16666661 17434850 75758127 0.96840 0.96550 0.01730 0.01750 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 98,679. 2019 AMOUNT: $ 2,870. 2020 AMOUNT: $ 662. 2021 AMOUNT: $ 12,443. 2022 AMOUNT: $ 13,112. DINING REVENUE - 2018 AMOUNT: $ 182,340. 2019 AMOUNT: $ 163,732. 2020 AMOUNT: $ 93,170. 2021 AMOUNT: $ 117,493. 2022 AMOUNT: $ 121,127. TELEPHONE REVENUE - 2019 AMOUNT: $ 20,409. 2020 AMOUNT: $ 15,847. 2021 AMOUNT: $ 17,233. 2022 AMOUNT: $ 17,952. TRANSPORTATION REVENUE - 2019 AMOUNT: $ 13,673. 2020 AMOUNT: $ 6,790. 2021 AMOUNT: $ 11,062. 2022 AMOUNT: $ 12,506. GUEST STAYS - 2019 AMOUNT: $ 9,400. 2020 AMOUNT: $ 975. 2021 AMOUNT: $ 1,200. 2022 AMOUNT: $ 675. APPLICATION FEES - 2019 AMOUNT: $ 800. HOUSEKEEPING REVENUE - 2019 AMOUNT: $ 538. 2020 AMOUNT: $ 9,873. 2021 AMOUNT: $ 5,190. 2022 AMOUNT: $ 6,214. CONVENIENCE FEES - 2019 AMOUNT: $ 125. INSURANCE REIMBURSEMENT - 2020 AMOUNT: $ 16,032. COMMUNITY FEE - 2020 AMOUNT: $ 10,000. 2021 AMOUNT: $ 10,000. 2022 AMOUNT: $ 87,500. FINANCE CHARGES - 2021 AMOUNT: $ 1,523. 2022 AMOUNT: $ 2,161. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X SPECIAL SERVICES 0 0 1 X 318350 318350 318350 318350 318350 318350 318350 318350 340241 21891 318350 0.00000 1.00000 0.00000 0 0 6350000 6350000 36428747 8481704 27947043 2893794 1630783 1263011 769024 769024 36329078 DUE TO AFFILIATES 5357818 REFUNDABLE ENTRANCE FEES 1893228 RESIDENT PREPAID RENT 28952 7279998 17708277 -577376 869531 292155 17416122 0 17416122 19931684 861626 861626 19070058 32881 32881 19102939 PART III, LINE 4: MARTINS RUN HAS BEEN LOANED, INDEFINITELY, TORAH SCROLLS FROM THE HOLOCAUST. THESE SCROLLS WERE PROTECTED DURING WORLD WAR II AND SUBSEQUENTLY MADE KOSHER. THE SCROLLS ARE USED FOR SPECIAL SERVICES TO CONNECT RESIDENTS WITH THEIR HISTORY. 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. PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO FURTHER SUPPORT THE MISSION OF WESLEY ENHANCED LIVING MAIN LINE. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION REVENUE 902,412. RESIDENT ASSISTANCE -32,881. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ORGANIZATION EXPENSE 861,626. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESIDENT ASSISTANCE 32,881. 1 RESIDENT ASSISTANCE FUND 3 32881 PART I, LINE 2: MARTINS RUN MAINTAINS A RESIDENT ASSISTANCE RESTRICTED FUND. GRANT ASSISTANCE IS PROVIDED 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 1 0 0 0 0 0 0 0 JEFF PETTY PRESIDENT AND CEO 0 491656 0 89801 0 582838 0 12200 0 11085 0 1187580 0 582838 MIKE DESTEFON EXECUTIVE DIRECTOR 166834 0 17000 0 0 0 6783 0 9306 0 199923 0 0 0 MICHAEL GRIFFIN CFO (UNTIL 9/6/22) 0 157267 0 5000 0 6130 0 2100 0 7380 0 177877 0 6130 PART I, LINE 3 COMPENSATION FOR THE CEO AND ITS DIRECT REPORTS IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF WESLEY ENHANCED LIVING (RELATED ORGANIZATION). COMPENSATION STUDIES ARE DONE PERIODICALLY BY AN OUTSIDE COMPENSATION CONSULTANT TO DETERMINE COMPENSATION, USING COMPARATIVE INDEPENDENT DATA. THE CEO IS THE ONLY EMPLOYEE WHO HAS AN EMPLOYMENT CONTRACT. 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 WAS LAST COMPLETED IN 2019. PART I, LINE 4B THE ORGANIZATION'S 457 PLAN WAS ELIMINATED AND THE FOLLOWING PAYOUTS WERE MADE: JEFF PETTY - $582,836.36 MICHAEL GRIFFIN - $6,130.41 A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 717824AR7 2017-08-15 24514591 REFUNDING AND CAPITAL PROJECTS 0 0 0 A 24514127 2037075 456888 11204431 11381759 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 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. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS MAY DELEGATE FROM TIME TO TIME CERTAIN POWERS TO THE CHAIR AND EXECUTIVE COMMITTEE AS MAY BE NEEDED OR AS MAY BE REQUIRED TO TRANSACT BUSINESS ON BEHALF OF THE CORPORATION. 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 DEBTS NOT INCLUDED IN THE APPROVED BUDGET, THE PURCHASE, SALE, OR LEASE BY OR TO THE CORPORATION OF REAL PROPERTY, THE CREATION OR AMENDMENTS TO THE CONTRACTS WITH RESIDENTS OR OTHER USERS OF CORPORATE SERVICES, TRANSFERS OF FUNDS OR PROPERTY TO OTHER CORPORATIONS FOR WHICH WESLEY ENHANCED LIVING IS THE SOLE MEMBER, 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 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 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. EVANGELICAL MANOR DBA WESLEY ENHANCED LIVING PENNYPACK PARK 626 JACKSONVILLE RD SUITE 200 WARMINSTER PA 18974 230563550 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 NEW HERITAGE TOWERS DBA WESLEY ENHANCED LIVING DOYLESTOWN 626 JACKSONVILLE RD 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 AGING DBA WESLEY ENHANCED LIVING BU 626 JACKSONVILLE RD 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 RD 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 RD 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 RD 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 RD SUITE 200 WARMINSTER PA 18974 232145152 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 MARTINS RUN HOME PARTNERS 626 JACKSONVILLE RD SUITE 200 WARMINSTER PA 18974 272268177 OPERATE A HOME CARE AGENCY PA 501(C)(3) LINE 10 MARTINS RUN 1 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 MARTINS RUN HOME PARTNERS E 965086 COST