2023-10-04T08:06:11-05:00 2022-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2022-01-01 237404857 LEBANON VALLEY BRETHREN HOME LEBA 7178385406 1200 GRUBB ROAD PALMYRA PA 17078 HENRY BRUBAKER VP FINANCE/CFO 7178385406 2023-10-02 1 HENRY BRUBAKER XXX-XX-XXXX 0 KERRI N BOGDA CPA P00760402 7177404863 2023-10-02 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LONDONDERRY VILLAGE JEFFREY SHIREMAN 1200 GRUBB ROAD PALMYRA PA 17078 29551165 0 X WWW.LONDONDERRYVILLAGE.ORG X 1974 PA CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTH CARE, AND RELATED SERVICES. 15 15 273 175 0 0 1710965 620000 22556774 22857813 1839567 635870 257816 261246 26365122 24374929 340138 266735 0 0 13132861 12535352 0 0 201057 12587562 12435311 26060561 25237398 304561 -862469 78609610 81652298 55737054 63266816 22872556 18385482 X THE LEBANON VALLEY BRETHREN HOME, AN OUTREACH MINISTRY OF THE CHURCH OF THE BRETHREN, IS COMMITTED TO PROVIDING INDEPENDENT LIVING HOUSING, HIGH-QUALITY HEALTH CARE, AND SUPPORTIVE SERVICES FOR ELDERLY PERSONS IN AN ATTITUDE OF LOVE AND SERVANTHOOD. 0 0 21765399 266735 22857813 NURSING CARE IN 2022, THE NURSING CENTER OF THE LEBANON VALLEY BRETHREN HOME (D/B/A LONDONDERRY VILLAGE) EXPERIENCED A LONG-AWAITED TRANSITION AS THE COVID-19 PANDEMIC FINALLY STARTED TO WANE. AT THE BEGINNING OF THE YEAR, THE NURSING CENTER STRUGGLED TO DEAL WITH A STAFF EXODUS THAT HAD OCCURRED IN LATE 2021 DUE TO THE GOVERNMENT MANDATE ON COVID-19 VACCINATIONS FOR STAFF. AS THE YEAR PROGRESSED, THE FACILITY WAS ABLE TO HIRE MORE NURSING AIDES AND NURSES ONTO THE PAYROLL, AND SIMULTANEOUSLY WE WERE ABLE TO GREATLY REDUCE OUR UTILIZATION OF AGENCY NURSING STAFF, WHICH WAS A BOON FOR BOTH QUALITY AND EXPENSE CONTROL. DESPITE THE STAFFING CHALLENGES, OUR NURSING FACILITY RETAINED ITS #1 POSITION IN THE LEBANON COUNTY RANKINGS FOR STAFFING (AS MEASURED BY DEPARTMENT OF HEALTH FORMULAS). BECAUSE OF THE IMPROVEMENTS IN HIRING NURSING PERSONNEL, THE BOARD OF DIRECTORS AUTHORIZED THE REMOVAL OF A MORATORIUM ON OUTSIDE ADMISSIONS TO NURSING CARE, AND WE WERE ABLE TO ONCE AGAIN CONSIDER REFERRALS (WHO WERE NOT LV RESIDENTS) FROM OUR NEIGHBORING HOSPITALS. AS THE MONTHS WENT BY, THE NURSING CARE CENTER EXPERIENCED FEWER CASES OF COVID-19 (IN BOTH RESIDENTS AND STAFF), AND THE SEVERITY OF THOSE CASES ALSO DECREASED. BEGINNING IN 2022, THE ORGANIZATION EMBARKED ON A SERIES OF RENOVATIONS TO ITS ORIGINAL FOUR GREEN HOUSES, ALL OF WHOM WERE OVER FIFTEEN YEARS IN AGE. THE NURSING CENSUS WAS INTENTIONALLY REDUCED AS WE TOOK INDIVIDUAL GREEN HOUSES OFF-LINE TO ACCOMPLISH THE RENOVATIONS. AS IN 2021, THE ANNUAL PA DEPARTMENT OF HEALTH INSPECTION OF THE NURSING CARE FACILITY WAS VERY POSITIVE, WITH JUST A FEW MINOR DEFICIENCIES AND WITH THE RETENTION OF OUR 5-STAR CMS QUALITY RATING. OUR GOAL FOR 2023 WILL BE TO COMPLETE OUR RENOVATIONS AND RETURN TO HAVING ALL SIX OF OUR GREEN HOUSES FULLY OCCUPIED. PERSONAL CARE - IN THE PERSONAL CARE UNIT, THE ONGOING PANDEMIC CONTINUED TO AFFECT EVERYDAY LIFE FOR THE PC RESIDENTS DURING 2022. VISITATION RESTRICTIONS WERE REMOVED AS THE PANDEMIC STARTED TO EBB, BUT RESIDENTS WERE STILL REQUIRED TO ADHERE TO SOCIAL DISTANCING REGULATIONS IN THE DINING ROOM. FOLLOWING THE TREND FROM 2021, THE DEMAND FOR PERSONAL CARE SERVICES IMPROVED AND STAYED STRONG FOR MOST OF THE YEAR. THE ANNUAL INSPECTION BY THE DEPARTMENT OF HUMAN SERVICES WENT VERY WELL, WITH JUST A FEW MINOR PAPERWORK CORRECTIONS. MANAGEMENT BEGAN INTENSIVE PLANNING TO RENOVATE AND EXPAND THE CAPACITY OF THE PERSONAL CARE UNIT; ARCHITECTURAL DRAWINGS SHOULD BE COMPLETED IN 2023 AND CONSTRUCTION IS LIKELY TO COMMENCE BY EARLY 2024. MOST OF THE PC ROOMS WILL BE EXPANDED FROM STUDIO UNITS TO ONE BEDROOM SUITES. INDEPENDENT LIVING THE INDEPENDENT LIVING COMMUNITY IS NOT SUBJECT TO THE SAME KIND OF REGULATORY OVERSIGHT AS OUR NURSING AND PERSONAL CARE UNITS, AND IT THEREFORE WAS ABLE TO START RECOVERING FROM THE PANDEMIC RESTRICTIONS MUCH EARLIER. THROUGHOUT 2022, RESIDENT ACTIVITIES AND INTERACTIONS WERE ON THE RISE, AND THIS MOMENTUM ACCELERATED IN THE THIRD QUARTER OF 2022 AS REQUIRED "MASKING" IN COMMON AREAS WAS DISCONTINUED. AS IN OUR HEALTH CARE UNITS, THE PREVALENCE AND SEVERITY OF COVID-19 CASES DECREASED AMONG THE INDEPENDENT LIVING COMMUNITY DURING 2022. NEW ADMISSIONS AND FUTURE SALES REMAINED STRONG AS A VIBRANT REAL ESTATE MARKET AIDED OUR PROSPECTS IN SELLING THEIR HOMES FOR RECORD-HIGH PRICES. THE COMMUNITY "TURNED-OVER" MORE THAN 50 HOUSING UNITS DURING THE YEAR A RECORD FOR THE ORGANIZATION. LONDONDERRY VILLAGE CONTINUED ITS PURSUIT OF LAND DEVELOPMENT APPROVALS FOR OUR NEW "FOX RUN" EXPANSION ON OUR SOUTH CAMPUS. AT THIS TIME, IT APPEARS THAT BOTH THE APPROVALS AND THE START OF CONSTRUCTION WILL TAKE PLACE BY MIDYEAR OF 2023. FOX RUN SALES INTEREST REMAINS VERY HIGH, WITH THE MAJORITY OF PHASE 1 CARRIAGE HOMES AND TOWNHOMES ALREADY RESERVED. GIVEN ITS STRONG HISTORY OF OPERATIONS, LONDONDERRY VILLAGE RETAINED ITS BBB INVESTMENT RATING THROUGH THE FITCH RATINGS SERVICE, WHICH IS A RARE HONOR THAT ONLY ABOUT 10% OF ALL RETIREMENT COMMUNITIES COULD QUALIFY FOR. 21765399 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36 0 273 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X HENRY BRUBAKER VP OF FINANCE CFO 7178385406 1200 GRUBB ROAD PALMYRA PA 17078 CRAIG MOYER CHAIR 2.00 0.00 X X 0 0 0 JAMES SNELL VICE CHAIR 2.00 0.00 X X 0 0 0 DR DENNIS GINGRICH SECRETARY 2.00 0.00 X X 0 0 0 ROY MEYER TREASURER 1.00 0.00 X X 0 0 0 DONALD BYLER DIRECTOR 1.00 0.00 X 0 0 0 JETHRO DAVIS DIRECTOR 1.00 0.00 X 0 0 0 WENDIE DI MATTEO-HOLSINGER DIRECTOR 1.00 0.00 X 0 0 0 RAYMOND FLAGG DIRECTOR 1.00 0.00 X 0 0 0 ROBERT FORTNA DIRECTOR 1.00 0.00 X 0 0 0 REV BELITA MITCHELL DIRECTOR 1.00 0.00 X 0 0 0 SANDRA PINTARCH DIRECTOR 1.00 0.00 X 0 0 0 GEORGE PORTER DIRECTOR 1.00 0.00 X 0 0 0 THOMAS SHENK DIRECTOR 1.00 0.00 X 0 0 0 REV RONALD LUDWICK DIRECTOR 1.00 0.00 X 0 0 0 STEVEN TILLEY DIRECTOR 1.00 0.00 X 0 0 0 JEFFREY SHIREMAN PRESIDENT/CEO 37.50 0.00 X 252891 0 43991 HENRY BRUBAKER VP FINANCE/CFO 37.50 0.00 X 143406 0 30646 JENNIFER GINDER VP HEALTH SERVICES 37.50 0.00 X 150127 0 19531 DEBRA O'DONNELL RN NURSE MANAGER 41.00 0.00 X 116620 0 21896 STEPHANIE FEGLEY DIRECTOR OF NURSING 38.00 0.00 X 107890 0 8506 LISA MORGANTHALL HR DIRECTOR 38.00 0.00 X 105757 0 30287 FRANCIS GLYNN DIRECTOR OF ENVIRONMENTAL SERVICES 38.00 0.00 X 101218 0 23287 977909 0 178144 7 0 1 0 SHOPE'S GARDENS CONST INC 53 NORTH CHARLOTTE ST MANHEIM PA 17545 CONSTRUCTION SERVICES 1305365 MORRISON LIVING 400 NORTH RIDGE ROAD ATLANTA GA 30350 MANAGEMENT CONTRACT/DINING SERVICES 1015413 RM KITCHENS 2035 HORSESHOE PIKE ANNVILLE PA 17003 CABINET/COUNTERTOP BUILD & INSTALL 474463 SYMBRIA REHAB 28100 TORCH PARKWAY SUITE 600 WARRENVILLE IL 60555 THERAPY SERVICES 432564 ALLWEINS CARPET ONE 1475 EAST MAIN STREET ANNVILLE PA 17003 FLOORING SUPPLIER & INSTALLATION SVC 428197 10 61517 95018 463465 620000 NET RESIDENT SVC REV 623000 22550137 22550137 PA NURSING HOME ASSESSMT 623000 307676 307676 22857813 255263 255263 27527 35248 -7721 -7721 -7721 5404987 21210 5045590 0 359397 21210 380607 380607 27625 61517 38153 -10528 -10528 68182 57245 10937 10937 FOOD SERVICES 722210 124367 124367 BARBER SHOP 900099 81203 81203 RESIDENT FACILITIES RENTAL 900099 56741 56741 6247 6247 268558 24374929 22857813 0 897116 266735 266735 640592 169658 470934 8985341 7959421 899144 126776 450794 422525 21407 6862 1747624 1418215 305780 23629 711001 606321 95224 9456 26368 26368 5560 5560 82435 82435 1745 1745 77990 77990 1680889 1531808 149081 146163 146163 93169 14184 78985 302600 52127 250473 2457706 2428801 28905 66969 63648 3321 215 215 627058 627058 4554206 4434852 104159 15195 295604 295604 FOOD SERVICE COSTS 661281 661161 120 EQUIPMENT REPAIRS/RENTA 269207 254436 14771 MISCELLANEOUS 207886 196489 11397 COMMUNICATIONS 169092 77056 92036 709168 554536 135493 19139 25237398 21765399 3270942 201057 1782 1678 3380598 4927261 294302 135702 1137342 1295372 1164732 1248217 113736073 66398725 47486313 47337348 22123427 18753953 3021114 7952767 78609610 81652298 1234454 1327624 21002770 23198224 20979508 20457093 12520322 18283875 55737054 63266816 X 17990866 14060408 4881690 4325074 22872556 18385482 78609610 81652298 X -862469 -3884644 260039 X 0 1 X 1 0 X 2500467 1031376 2117871 1710965 620000 7980679 22069827 22488786 21825903 22556774 22857813 111799103 24570294 23520162 23943774 24267739 23477813 119779782 26373 89832 101937 11235 15532 244909 0 26373 89832 101937 11235 15532 244909 119534873 651854 992772 978527 1389389 282790 4295332 651854 992772 978527 1389389 282790 4295332 354049 444046 307271 280138 273752 1659256 96620 52204 22449 72573 90613 334459 25672817 25009184 25252021 26009839 24124968 126068829 0.94820 0.94610 0.03410 0.03510 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 37,562. 2019 AMOUNT: $ 17,217. 2020 AMOUNT: $ 5,669. 2021 AMOUNT: $ 4,217. 2022 AMOUNT: $ 2,667. PR EVENT FEES - 2018 AMOUNT: $ 6,138. 2019 AMOUNT: $ 6,559. 2020 AMOUNT: $ 365. FUNDRAISING REVENUE - 2018 AMOUNT: $ 33,896. 2019 AMOUNT: $ 28,428. 2020 AMOUNT: $ 16,415. 2021 AMOUNT: $ 25,505. 2022 AMOUNT: $ 27,625. RESIDENT FACILITIES - 2018 AMOUNT: $ 19,024. 2021 AMOUNT: $ 19,415. 2022 AMOUNT: $ 56,741. MANAGED CARE PARTICIPATION FEE - 2021 AMOUNT: $ 23,436. 2022 AMOUNT: $ 3,580. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1745 1745 0 PART II-B, LINE 1: THE ORGANIZATION PAYS DUES TO NATIONAL (LEADINGAGE) AND STATE (LEADINGAGE PA) ASSOCIATIONS. A PORTION OF THE STATE AND NATIONAL ORGANIZATION'S DUES ARE USED FOR LOBBYING PURPOSES. THE $1,745 REPORTED AS LOBBYING EXPENDITURES IS THE TOTAL OF LEADINGAGE'S DUES THAT WERE USED FOR LOBBYING PURPOSES BY NATIONAL LEADINGAGE AND LEADINGAGE PA. 2787934 91515 -461116 88984 7295 2322054 2398435 247106 255089 105103 7593 2787934 2084901 136820 280602 97554 6334 2398435 1815339 12500 356020 92730 6228 2084901 1951085 17166 -109889 35715 7308 1815339 1.00000 0.00000 0.00000 0 0 777519 777519 76360921 41052545 35308376 34116568 24747876 9368692 2481065 598304 1882761 47337348 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 2137218 RIGHT OF USE ASSET 4691382 OTHER ASSETS 1124167 7952767 REFUNDABLE FEES AND DEPOSITS 12944144 CHARITABLE GIFT ANNUITY OBLIGATIONS 23056 RESIDENT SECURITY DEPOSITS 607354 FINANCING LEASE LIABILITIES 4709321 18283875 20611058 -3884644 -9873 -3894517 24505575 -130646 -130646 24374929 25098132 130646 130646 24967486 269912 269912 25237398 PART V, LINE 4: THE ENDOWMENT FUND IS INTENDED TO ASSIST NURSING, PERSONAL CARE AND INDEPENDENT LIVING RESIDENTS WHO ARE NO LONGER ABLE TO AFFORD THEIR OWN CARE. IT IS ALSO USED TO COVER THE DIFFERENCE BETWEEN GOVERNMENT PAYMENTS FOR CARE AND THE COST OF DELIVERING THE CARE. PART XI, LINE 2D - OTHER ADJUSTMENTS: BENEVOLENT CARE -266,735. CHANGE IN VALUE OF SPLIT INTEREST -478,701. CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 738,740. INTEREST EXPENSE FOR DONOR RESTRICTED ASSETS -3,177. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -35,248. CONVENIENCE STORE PURCHASES -57,245. FUNDRAISING EXPENSES -38,153. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 35,248. CONVENIENCE STORE PURCHASES 57,245. FUNDRAISING EXPENSES 38,153. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENT CARE NETTED AGAINST REVENUE 266,735. INTEREST EXPENSE FOR DONOR RESTRICTED ASSETS 3,177. CHICKEN BBQ/AUCTION 37163 16759 20404 7558 1202 9953 GOOD SAMARITAN DINNER 21675 18770 2905 2320 3028 831 3 30304 25988 4316 6828 750 5683 89142 61517 27625 6828 9878 4980 16467 38153 -10528 1 BENEVOLENT CARE - PERSONAL CARE 6 151331 BENEVOLENT CARE - INDEPENDENT LIVING 8 115404 PART I, LINE 2: RESIDENTS WHO NEED FINANCIAL ASSISTANCE SUBMIT AN APPLICATION TO THE FINANCE OFFICE. FINANCIAL INFORMATION OF THE RESIDENT IS REVIEWED AND CONFIRMED. BASED UPON THE INFORMATION SUBMITTED, THE ADMINISTRATOR THEN MAKES A DECISION AS TO WHETHER FINANCIAL ASSISTANCE WILL BE PROVIDED. THE ADMINISTRATOR PROVIDES INFORMATION TO THE FINANCE COMMITTEE OF THE BOARD WITH RESPECT TO THE TOTAL ASSISTANCE THAT HAS BEEN AWARDED. THE RESIDENTS WHO RECEIVE THE BENEVOLENT CARE REMAIN ANONYMOUS TO THE FINANCE COMMITTEE. X X X X X 0 0 0 0 0 0 0 0 0 JEFFREY SHIREMAN PRESIDENT/CEO 229630 0 23261 0 0 0 30481 0 13510 0 296882 0 23261 0 HENRY BRUBAKER VP FINANCE/CFO 143406 0 0 0 0 0 17209 0 13437 0 174052 0 0 0 JENNIFER GINDER VP HEALTH SERVICES 145127 0 5000 0 0 0 17435 0 2096 0 169658 0 0 0 A WEST CORNWALL TWP MUNICIPAL AUTHORITY 251640412 95235TAT0 2021-03-30 41260503 SEE PART VI 0 0 0 A 420000 41260503 495063 1854708 19202492 19708240 1 0 0 0 A 0 0 1 1 1 1 0.02400 0.00000 0.02400 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 SCHEDULE K, PART I, LINE A, COLUMN F (A) THE CURRENT REFUNDING OF (1) THE AUTHORITY'S SENIOR LIVING FACILITY REVENUE BONDS (LEBANON VALLEY BRETHREN HOME PROJECT), SERIES OF 2006; (2) THE AUTHORITY'S REVENUE NOTE, (LEBANON VALLEY BRETHREN HOME PROJECT) SERIES B OF 2015, AS AMENDED AND SUPPLEMENTED; (3) THE AUTHORITY'S REVENUE NOTE, (LEBANON VALLEY BRETHREN HOME PROJECT) SERIES OF 2016, AS AMENDED AND SUPPLEMENTED AND (4) AN OUTSTANDING CONSTRUCTION LOAN INCURRED BY THE CORPORATION ; (B) THE DESIGN, ACQUISITION, CONSTRUCTION, INSTALLATION AND EQUIPPING OF (1) ELEVEN TOWNHOMES AND COTTAGES; (2) TWENTY-FOUR HYBRID APARTMENTS; AND (3) A CLUBHOUSE CONTAINING SOCIAL ACTIVITIES SPACE AND A KITCHEN TO SERVE THE NEW RESIDENTIAL UNITS;AND (4) AN OUTSTANDING CONSTRUCTION LOAN; AND (C) THE PAYMENT OF CERTAIN OF THE COSTS AND EXPENSES INCURRED IN CONNECTION WITH THE ISSUANCE OF THE BONDS. FORM 990, PART VI, SECTION B, LINE 11B BEFORE IT IS SUBMITTED TO THE IRS, FORM 990 WILL BE REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD AT EITHER A REGULARLY SCHEDULED MEETING OR A SPECIALLY CALLED MEETING. THE REVIEW WILL BE CONDUCTED BY THE CEO AND THE CFO. THE REVIEW USUALLY CONSISTS OF LINE BY LINE ASSESSMENT AND DISCUSSION OF ALL RELEVANT SECTIONS AND LINE ITEMS. THE ENTIRE BOARD THEN RECEIVES A COPY OF THE FINAL 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS, REQUIRED ANNUALLY OF GOVERNING BODY MEMBERS, OFFICERS AND KEY EMPLOYEES, ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER. GOVERNING BODY MEMBERS AND KEY EMPLOYEES ARE EXPECTED TO DIVULGE ANY POTENTIAL CONFLICT OF INTEREST THEY MIGHT HAVE IN A GIVEN TRANSACTION, NOTIFY THE DECISION-MAKERS INVOLVED IN THAT TRANSACTION, AND REMOVE THEMSELVES FROM ANY DECISION-MAKING ROLE IN THE TRANSACTION. DETERMINATION OF CONFLICTS ON THE LEVEL OF THE GOVERNING BODY WILL BE MADE BY THE GOVERNING BODY. DETERMINATION OF CONFLICTS ON THE LEVEL OF KEY EMPLOYEE WILL BE DETERMINED BY THE CEO, OR IF THE CEO IS INVOLVED IN THE CONFLICT, THROUGH AN ANONYMOUS HOTLINE TO THE CORPORATE COMPLIANCE OFFICER, WHO HAS DIRECT REPORTING ACCESS TO THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS USES A CEO EVALUATION TOOL THAT IS COMPLETED BY BOARD MEMBERS AND GATHERS OTHER FEEDBACK RELATIVE TO THE PERFORMANCE OF THE CEO. THE COLLECTED INFORMATION IS CONSIDERED BY THE BOARD'S EXECUTIVE COMMITTEE. REPRESENTATIVES FROM THE EXECUTIVE COMMITTEE REVIEW THE RESULTS WITH THE CEO. THE LEADINGAGE PA ANNUAL WAGE SURVEY IS USED FOR DETERMINING COMPARABLE SALARIES FOR THE EXECUTIVE MANAGEMENT. SALARIES OF SIMILAR POSITIONS LOCATED IN CENTRAL PENNSYLVANIA ARE USED AS A FAIR VALUE COMPARISON. THE ENTIRE PROCESS ALONG WITH ANY COMPARABLE DATA USED IN SETTING COMPENSATION LEVELS IS RECORDED IN THE MINUTES OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ADDITIONALLY, AUDITED FINANCIAL STATEMENTS ARE AVAILABLE WITH THE ANNUAL DISCLOSURE STATEMENT REQUIRED BY THE PENNSYLVANIA DEPARTMENT OF INSURANCE, ALSO AVAILABLE UPON REQUEST BY ANY MEMBER OF THE PUBLIC. THE DISCLOSURE STATEMENT IS ALSO MADE AVAILABLE TO ALL CURRENT LVBH COMMUNITY RESIDENTS IN THE COMMUNITY CENTER READING ROOM, AND TO ALL INCOMING RESIDENTIAL LIVING RESIDENTS AS THEY ARE MOVING INTO THE COMMUNITY. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -478,701. CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 738,740.