2022-02-09T12:54:01-06:00 2021-09-30 042713795 MEYERS BROTHERS KALICKA PC 330 WHITNEY AVE SUITE 800 HOLYOKE MA 01040 990 2020-10-01 042105937 GLENMEADOW INC GLEN 4135677800 24 TABOR CROSSING LONGMEADOW MA 01106 ANNE THOMAS PRESIDENT AND CEO 4135677800 2022-01-28 1 ANNE THOMAS 999009999 RUDY M D'AGOSTINO P00962620 4135368510 2022-01-28 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANNE THOMAS 24 TABOR CROSSING LONGMEADOW MA 01106 17700544 0 X WWW.GLENMEADOW.ORG X 1884 MA PROVIDING PREMIER SENIOR SERVICES; NURTURING MIND, BODY AND SPIRIT OF THOSE WE SERVE 12 12 301 112 0 0 272956 654611 11017384 10974399 77311 1401913 78543 52401 11446194 13083324 45095 69860 0 0 7266867 7094605 0 28000 74732 5141895 5263981 12453857 12456446 -1007663 626878 46724776 53992110 34219422 37813094 12505354 16179016 TO PROVIDE SERVICES TO MEET THE HOUSING, HEALTHCARE, PHYSICAL, EMOTIONAL, RECREATIONAL, SPIRITUAL, AND SOCIAL NEEDS OF ITS CLIENTS. 0 0 7428901 69860 8085578 GLENMEADOW PROVIDED HOUSING AND SUPPORTIVE SERVICES TO 186 SENIORS. 2757606 2882471 GLENMEADOW AT HOME PROVIDED PERSONAL CARE AND OTHER SUPPORTIVE SERVICES TO 96 SENIORS. 2979 6350 GLENMEADOW'S NEIGHBOR TO NEIGHBOR PROGRAM PROVIDED SUPPORT TO 20 SENIORS IN THE COMMUNITY TO COMBAT THE EFFECTS OF ISOLATION. 10189486 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 53 0 1 301 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X DAVID LESLIE 4135677800 24 TABOR CROSSING LONGMEADOW MA 01106 DENNIS FITZPATRICK CHAIR 1.00 X X 0 0 0 AMY SANTERELLI VICE CHAIR 1.00 X X 0 0 0 NORMAN SMITH TREASURER - THRU 2/2/21 1.00 X X 0 0 0 RICHARD GOLDSTEIN INTERIM TREASURER 1.00 X X 0 0 0 KELLY KOCH CLERK 1.00 X X 0 0 0 STEPHEN HOYT DIRECTOR - THRU 11/9/20 1.00 X 0 0 0 CRYSTAL DIAMOND DIRECTOR - THRU 11/9/20 1.00 X 0 0 0 JEROME GURLAND DIRECTOR - THRU 5/10/21 1.00 X 0 0 0 PAUL BARDEN DIRECTOR - THRU 11/9/20 1.00 X 0 0 0 NAREN DHAMODHARAN DIRECTOR 1.00 X 0 0 0 JOHN GALLUP DIRECTOR - THRU 3/2/21 1.00 X 0 0 0 ANNETTE LERNER DIRECTOR 1.00 X 0 0 0 AMY CORSETTI DIRECTOR 1.00 X 0 0 0 PAUL MARCHESE DIRECTOR 1.00 X 0 0 0 AARON MENDELSON DIRECTOR 1.00 X 0 0 0 MICHAEL TREMBLE DIRECTOR 1.00 X 0 0 0 JACQUELINE JOHNSON DIRECTOR - EFF 11/9/20 1.00 X 0 0 0 SUZANNA HASKINS DIRECTOR - EFF 11/9/20 1.00 X 0 0 0 ANNE THOMAS PRESIDENT/CEO 40.00 X 257895 0 26818 DAVID LESLIE VP OF FINANCE 40.00 X 165999 0 17313 ANNE WESTCOTT VP OF OPERATIONS 40.00 X 163194 0 20102 LINDA EDWARDS VP OF MARKETING 40.00 X 134024 0 9576 EMILY PERKINS VP HEALTH AND WELLNESS 40.00 X 111933 0 12636 833045 0 86445 5 0 1 0 GRAYSTONE CONSULTING 28 STATE ST 34TH FLOOR BOSTON MA 02109 INVESTMENT FEES 130643 DIMELLA SHAFFER 24 FARNSWORTH ST BOSTON MA 02210 ARCHITECTURE 109881 2 74847 579764 654611 RESIDENT SERVICE FEE 623990 7386062 7386062 COMMUNITY SERVICES 621610 2882471 2882471 ENTRANCE FEES 623990 705866 705866 10974399 536916 536916 9464 0 9464 9464 9464 5478669 3548 4582969 34251 895700 -30703 864997 864997 PAID SICK & FAMILY LEAVE CREDIT 623990 29012 29012 STORE 453000 7024 7024 WITHDRAWAL PENALTY 623990 6500 6500 401 401 42937 13083324 10974399 0 1454314 69860 69860 388003 118633 238565 30805 5937127 5171108 766019 246760 183562 63198 522715 383513 139202 11357 11357 30691 30691 28000 28000 188291 188291 110937 8971 94634 7332 13428 13428 137729 73520 55614 8595 380345 380345 14760 14643 117 81517 81517 1538925 1538925 723655 541026 182629 FOOD & RELATED SUPPLIES 700605 700605 REAL ESTATE TAXES 561032 561032 REPAIRS & MAINTENANCE 277884 277884 WORKERS' COMPENSATION 111318 111318 381507 84342 297165 12456446 10189486 2192228 74732 1934443 3448758 2168697 2069671 19588 19588 286872 370071 220678 238865 42118193 21837150 19097051 20281043 20648173 24832056 58322 72385 14288 120938 2276664 2538735 46724776 53992110 158379 186840 3436585 3553137 1629827 4800000 410889 389542 39583 14583 28544159 28868992 34219422 37813094 X 10583837 13965996 1921517 2213020 12505354 16179016 46724776 53992110 X 626878 3031890 14894 X X 0 1 X 1 0 X 287946 240537 129553 272956 654611 1585603 9623253 10012273 10836940 11017384 10974399 52464249 76851 75522 83795 56853 7024 300045 9988050 10328332 11050288 11347193 11636034 54349897 368307 254663 185594 318848 574656 1702068 748615 553681 800895 975215 1097460 4175866 1116922 808344 986489 1294063 1672116 5877934 48471963 518909 735624 932300 640812 546380 3374025 518909 735624 932300 640812 546380 3374025 9557 25629 6703 41889 10516516 11089585 11982588 11994708 12182414 57765811 0.83910 0.84630 0.05840 0.06130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1949581 75824 401728 193535 2233598 1899928 88564 147055 185966 1949581 1984603 79346 -692 163329 1899928 1935037 64377 45985 60796 1984603 1825830 29266 110866 30925 1935037 0.00920 0.98770 0.00310 1 0 2817051 2817051 31179009 18125280 13053729 6781018 3689227 3091791 1341115 22643 1318472 20281043 PENDING ENTRANCE FEE REFUNDS 2434131 ACCRUED EXPENSES 1347563 FEES REFUNDABLE TO RESIDENTS 24464028 DEFERRED COMPENSATION 617783 OTHER 5487 28868992 X 15871957 3031890 14894 3046784 12825173 188291 69860 258151 13083324 12198295 0 12198295 188291 69860 258151 12456446 PART IV, LINE 2B: DEPOSITORS' ESCROW ($164,639) IS RESERVATION DEPOSITS PRIOR TO OCCUPANCY. SECURITY DEPOSIT FUND ($224,903) IS SECURITY DEPOSITS MADE BY ASSISTED LIVING RESIDENTS. PART V, LINE 4: ENDOWMENT EARNINGS ARE USED FOR OPERATIONS PART X, LINE 2: MANAGEMENT HAS EVALUATED SIGNIFICANT TAX POSITIONS AGAINST THE CRITERIA ESTABLISHED BY PROFESSIONAL STANDARDS AND BELIEVES THERE ARE NO SUCH TAX POSITIONS REQUIRING ACCOUNTING RECOGNITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PRESENT VALUE OF RETIREMENT OBLIGATION 14,894. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE REPORTED AS AN EXPENSE ON 990 69,860. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE REPORTED AS AN EXPENSE ON 990 69,860. X X X 1 RAINMAKER CONSULTING GROUP LLC 231 MADISON AVE HOLYOKE MA 01040 FUNDRAISING COUNSEL 0 0 28000 -28000 28000 -28000 MA 1 FINANCIAL ASSISTANCE 5 69860 PART I, LINE 2: GLENMEADOW WILL CONSIDER ALL RESIDENTS FOR SCHOLARSHIP SUPPORT WHEN THEY HAVE DEPLETED THEIR ASSETS. ALL ASSETS IDENTIFIED AT THE TIME OF ADMISSION MUST HAVE BEEN SPENT ON THE RESIDENT'S CARE. TRANSFER OR GIFTING OF ASSETS WILL NEGATE A RESIDENT'S ABILITY TO QUALIFY FOR SCHOLARSHIP SUPPORT. RESIDENTS MAY APPLY FOR SCHOLARSHIP BY SENDING A LETTER OF REQUEST TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS HAS SOLE AUTHORITY FOR AWARDING SCHOLARSHIP SUPPORT. THIS SUPPORT MAY BE TERMINATED AT ANY TIME BY A DECISION OF THE BOARD OF DIRECTORS. RESIDENTS ARE ELIGIBLE FOR SCHOLARSHIP WHEN THEIR ASSETS FALL BELOW $2,000. PRIOR TO REACHING THAT LEVEL, RESIDENTS ARE ENCOURAGED TO PRE-PAY FUNERAL EXPENSES OR FUND A DESIGNATED BURIAL ACCOUNT. RESIDENTS MUST BE APPROVED FOR MASSACHUSETTS MEDICAL ASSISTANCE PRIOR TO THEIR APPROVAL FOR SCHOLARSHIP. GLENMEADOW'S DIRECTOR OF RESIDENT SERVICES WILL ASSIST THE RESIDENT OR THEIR FAMILY IN COMPLETING THE APPLICATION FOR MEDICAL ASSISTANCE. GLENMEADOW MAY REQUIRE THAT THE APPLICANT PROVIDE INCOME TAX RETURNS, TITLE SEARCH OF PROPERTY OR OTHER DOCUMENTS TO VERIFY ELIGIBILITY. GLENMEADOW WILL PROVIDE SCHOLARSHIP IN AN AMOUNT EQUAL TO THE MONTHLY FEE CHARGED BY GLENMEADOW, LESS THE RESIDENT'S FIXED MONTHLY INCOME. RESIDENTS WILL BE PERMITTED TO RETAIN $75.00 MONTHLY FOR PERSONAL EXPENSES. GLENMEADOW ASSUMES NO LIABILITY FOR ANY OTHER TYPE OF EXPENSE, INCLUDING MEDICAL BILLS, ADDITIONAL NURSING OR HOUSEKEEPING CHARGES, PRIVATE DUTY STAFF OR MEDICATIONS. RESIDENTS MUST VERIFY THEIR INCOME ON AN ANNUAL BASIS FOR RE-CALCULATION OF SCHOLARSHIP. IF A RESIDENT COVERED BY SCHOLARSHIP REQUIRES NURSING HOME CARE, MEDICAL ASSISTANCE WILL PAY FOR THAT, LESS THE RESIDENT'S FIXED MONTHLY INCOME. GLENMEADOW ASSUMES NO RESPONSIBILITY FOR NURSING HOME EXPENSES. IF A TEMPORARY PLACEMENT IN A HOSPITAL OR NURSING HOME IS NECESSARY, GLENMEADOW WILL CONTINUE SCHOLARSHIP SUPPORT TO HOLD THE GLENMEADOW APARTMENT FOR UP TO ONE MONTH ANNUALLY. SCHOLARSHIP TERMINATES UPON DISCHARGE FROM GLENMEADOW, FOR FALSIFICATION OF FINANCIAL INFORMATION OR AT THE DISCRETION OF THE BOARD OF DIRECTORS. X 0 0 0 0 0 0 0 0 0 ANNE THOMAS PRESIDENT/CEO 223681 0 34214 0 0 0 18362 0 8456 0 284713 0 0 0 DAVID LESLIE VP OF FINANCE 155999 0 10000 0 0 0 11646 0 5667 0 183312 0 0 0 ANNE WESTCOTT VP OF OPERATIONS 153194 0 10000 0 0 0 11646 0 8456 0 183296 0 0 0 A MASS DEVELOPMENT FINANCE AGENCY 043431814 2012-12-17 3000000 CONSTRUCTION OF COMMON AREAS IN BUILDING 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY 043431814 2021-04-24 8000000 CONSTRUCTION OF COMMON AREAS IN BUILDING 0 0 0 A 3000000 58742 2592300 348958 2014 0 0 1 1 B 1553767 4800000 123158 2011606 1111469 2021 1 0 0 1 A 0 0 0 0 1 0 1 B 0 0 0 0 1 0 1 A 0 0 0 1 0 0 0 1 1 B 0 0 0 0 0 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASS. DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/28/2015 FORM 990, PART VI, SECTION A, LINE 6 GLENMEADOW'S LEGAL ENTITY IS COMPRISED OF CORPORATORS/MEMBERS WHO ARE RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A GLENMEADOW'S LEGAL ENTITY IS COMPRISED OF CORPORATORS/MEMBERS WHO ARE RESPONSIBLE FOR ELECTING THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B CHANGES TO GLENMEADOW'S BYLAWS MUST BE APPROVED BY ITS CORPORATORS/MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B GLENMEADOW'S AUDIT COMMITTEE HAS BEEN AUTHORIZED BY THE BOARD TO APPROVE THE 990. ALL BOARD MEMBERS WILL BE GIVEN A COPY OF THE 990 FOR THEIR REVIEW PRIOR TO BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE GOVERNANCE COMMITTEE. ANNUAL TRAINING IS GIVEN TO ALL STAFF AND A WHISTLEBLOWER HOTLINE IS IN PLACE AS A CONFIDENTIAL MEANS TO REPORT ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PRESENT VALUE OF RETIREMENT OBLIGATION 14,894. PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS AUDIT OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE YEAR. GLENMEADOW CONSULTING LLC 24 TABOR CROSSING LONGMEADOW MA 01116 042105937 CONSULTING SERVICES TO NON-PROFIT ORGANIZATIONS MA GLENMEADOW INC