2022-01-24T07:11:30-06:00 2021-06-30 205367494 ALAN ROSS & COMPANY PC 10 HEARTHSTONE COURT SUITE 100 READING PA 19606 990 2020-07-01 222790840 THE HIGHLANDS AT WYOMISSING HIGH 6107752300 2000 CAMBRIDGE AVE WYOMISSING PA 19610 KEVIN P DEACOSTA PRESIDENT/CEO 6107752300 2022-01-10 1 KEVIN DEACOSTA XXX-XX-XXXX ALAN D ROSS CPA P00072435 6107799555 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z KEVIN P DEACOSTA 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 45381545 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 10 594 84 0 0 1675994 2832775 29897122 29013706 2136378 3749699 1232282 1031136 34941776 36627316 0 0 0 0 14267931 13672767 0 0 40607 18011636 18982130 32279567 32654897 2662209 3972419 173183161 190939842 121790058 125380062 51393103 65559780 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 14871958 18928639 THE HIGHLANDS AT WYOMISSING OPERATES 298 RESIDENTIAL LIVING FACILITY THAT PROVIDES HOUSING, SOCIAL SERVICE SUPPORT, SOCIAL ACTIVITIES, AND HEALTH AND WELLNESS ACTIVITIES TO OUR RESIDENTS. DURING FY 2021, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 390 RESIDENTS FOR A TOTAL OF 124,123 RESIDENT DAYS. 5114040 3962872 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 2021, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 88 RESIDENTS FOR A TOTAL OF 21,134 RESIDENT DAYS. 7712307 6122195 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 2021, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 247 RESIDENTS FOR A TOTAL OF 16,181 RESIDENT DAYS. 229055 PROVIDE RECREATIONAL ACTIVITIES FOR ELDERLY RESIDENTS 229055 27927360 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 23 0 1 594 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X MARIANNE PESSOGNELLI 6107752300 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 KEVIN P DEACOSTA PRESIDENT/CEO 40.00 X X 278844 0 104332 TIMOTHY G DIETRICH ESQ CHAIR 1.00 X X 0 0 0 BARBARA J KLINE DIRECTOR 1.00 X 0 0 0 JUNE T MAIER DIRECTOR 1.00 X 0 0 0 JOHN W GRUBER MD SECRETARY 1.00 X 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 DIRECTOR 1.00 X 0 0 0 FAITH L OTT DIRECTOR 1.00 X 0 0 0 BRUCE G SMITH DIRECTOR 1.00 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 JODI A GIBBLE DIRECTOR OF MARKETING 40.00 X 145484 0 54434 TODD SAYLOR DIRECTOR OF DINING SERVICE 40.00 X 108912 0 40750 MARIANNE PESSOGNELLI CFO 40.00 X 133083 0 49794 KRISTEN SANTANGELO NURSING HEALTH CARE ADMINI 40.00 X 146268 0 54728 CURTIS EVANS COO 40.00 X 230404 0 86208 LORENA LAZARCHICK DIRECTOR OF COMMUNITY LIFE 40.00 X 108817 0 40715 JOHN LOPES PERSONAL CARE ADMINISTRATO 40.00 X 90743 0 33953 HOLLY MOYLAN PERSONAL CARE ADMINISTRATO 40.00 X 0 0 0 ESPINAL DAMARIS DIRECTOR OF HUMAN RESOURCES 40.00 X 85904 0 32142 1328459 0 497056 7 0 1 0 CCS BUILDING GROUP 100 WILLOW VALLEY LAKES DRIVE WILLOW STREET PA 17584 CONSTRUCTION SERVICES 10056467 HEALTHPRO HERITAGE PO BOX 69268 BALTIMORE MD 21264 THERAPY SERVICES 1191313 WEIDENHAMMER SYSTEMS CORP 935 BERKSHIRE BLVD WYOMISSING PA 19610 IT SERVICES 824008 WOHLSEN CONSTRUCTION COMPANY PO BOX 4612 LANCASTER PA 17604 CONSTRUCTION SERVICES 641779 ST JOSEPH MEDICAL CENTER PO BOX 802 MC A420 HERSHEY PA 17033 LABORATORY SERVICES 481390 14 2451200 381575 2832775 RESIDENTIAL FEES 623000 18928639 18928639 SKILLED NURSING 623000 6122195 6122195 PERSONAL CARE 623000 3962872 3962872 29013706 731790 731790 11772138 8754229 3017909 3017909 3017909 HOMECARE 623000 853420 853420 DINING 623000 33521 33521 MAINTENANCE 623000 10490 10490 133705 133705 1031136 36627316 29013706 0 4780835 278844 278844 10273556 8433267 1840289 381199 298731 82468 1997740 1342956 654784 741428 601119 140309 73224 19082 54142 114295 114295 48500 48500 2344359 1824953 519406 68157 420 67737 2455032 2439979 15053 5358 1972 3386 7041 3260 3781 3554423 3532386 22037 5709357 5673959 35398 264345 262706 1639 SUPPLIES 2709628 2677369 32259 MINOR EQUIPMENT EXPENSE 611094 52179 558915 EQUIPMENT RENTAL & MAIN 380854 300487 80367 NURSING EXPENSE - OTHER 159971 159971 476492 302564 133321 40607 32654897 27927360 4686930 40607 4217321 898402 1361412 1794721 178896 174103 548743 497463 182277220 70915140 104287952 111362080 55046456 68681656 7542381 7531417 173183161 190939842 5297842 4607229 622272 332442 79278072 79794485 2451200 0 34140672 40645906 121790058 125380062 X 51114913 65430411 278190 129369 51393103 65559780 173183161 190939842 3972419 10194258 0 X 0 1 X 1 0 X 71887 54368 93567 1675994 2832775 4728591 27398175 29930183 29645694 29897122 29013706 145884880 1295725 1471161 1413438 1232282 1031136 6443742 28765787 31455712 31152699 32805398 32877617 157057213 0 0 0 157057213 1192574 1466214 1076208 2194302 1771998 7701296 1192574 1466214 1076208 2194302 1771998 7701296 29958361 32921926 32228907 34999700 34649615 164758509 0.95330 0.95740 0.04670 0.04260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11376733 24070 2873085 388870 55379 13829639 10659103 544985 507857 286217 48995 11376733 10251501 36173 603832 186135 46268 10659103 9792964 68800 699187 260105 49345 10251501 9170852 139114 820831 280300 57533 9792964 0 0 5000000 5000000 166563166 65089088 101474078 10714054 5826052 4888002 111362080 DEFERRED REVENUE 39791976 PROSPECTIVE RESIDENT DEPOSITS 569800 SECURITY & RESTORATION DEPOSITS 34500 GIFT ANNUITIES PAYABLE 249630 40645906 X 46821574 10194258 10194258 36627316 0 36627316 32654897 0 32654897 0 32654897 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 278844 0 0 0 0 0 7616 0 96716 0 383176 0 0 0 CURTIS EVANS COO 230404 0 0 0 0 0 5904 0 80304 0 316612 0 0 0 KRISTEN SANTANGELO NURSING HEALTH CARE ADMINI 146268 0 0 0 0 0 4072 0 50656 0 200996 0 0 0 JODI A GIBBLE DIRECTOR OF MARKETING 145484 0 0 0 0 0 3965 0 50469 0 199918 0 0 0 MARIANNE PESSOGNELLI CFO 133083 0 0 0 0 0 3622 0 46172 0 182877 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 1 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 69960 PD MONTHLY RESIDENT FEES 0 BARLEY SNYDER LLP BOARD MEMBER IS PARTNER LAW FIRM 86435 LEGAL SERVICES FEES 0 JOHN W GRUBER MD RESIDENT BOARD MEMBER 76680 PD MONTHLY RESIDENT FEES 0 SAGE AGE STRATEGIES INC BOARD MEMBER IS FOUNDER/CEO OF CORPORATION 81876 CONSULTING SERVICES 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: ANNUAL COMMUNITY BENEFIT REPORT DIRECT RESIDENT CARE UNCOMPENSATED BENEVOLENT CARE $ 108,958 BAD DEBT $ 27,630 COMMUNITY IMPROVEMENT SERVICES REAL ESTATE TAXES $1,620,013 FINANCIAL AND IN-KIND DONATIONS $ 271,957 PATIENT CARE COMMUNITY SERVICES $ 37,793 COMMUNITY HEALTH EDUCATION $ 15,055 RESIDENT VOLUNTEER CONTRIBUTIONS $ 23,064 COMMUNITY BENEFIT TOTAL FISCAL YEAR 2020 - 2021 $2,104,470 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.