2021-05-17T14:10:38-05:00 2020-06-30 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2019-07-01 232132688 ELM TERRACE GARDENS ELMT 2153615664 660 N BROAD STREET LANSDALE PA 19446 TIMOTHY MURPHY PRESIDENT AND CEO 2153615664 2021-05-17 1 KERRI N BOGDA CPA P00760402 7177404863 2019 2022-09-23 18:48:47Z TIMOTHY MURPHY 660 N BROAD STREET LANSDALE PA 19446 22916084 0 X WWW.ELMTERRACEGARDENS.ORG X 1979 PA PROVIDES QUALITY HOUSING, HEALTH CARE AND OTHER RELATED SERVICES TO RESIDENTS. 10 10 312 59 0 0 8895 11207 20251488 20917156 322970 139322 185277 918099 20768630 21985784 0 0 0 0 8637700 9377788 0 0 0 11253078 12133693 19890778 21511481 877852 474303 47589719 47651966 34333236 34441332 13256483 13210634 X ELM TERRACE GARDENS, A NON-PROFIT CORPORATION, SERVES OLDER ADULTS BY PROVIDING INDEPENDENT LIVING, PERSONAL CARE, AND SKILLED NURSING SERVICES IN A SAFE, CARING, ATTRACTIVE, STIMULATING, AND SPIRITUALLY NOURISHING ENVIRONMENT. ACCORDINGLY, WE SEEK THE HIGHEST LEVELS OF RESIDENT WELL BEING WITHIN THE CONTEXT OF STATE-OF-THE-ART LONG TERM CARE. 0 0 18239802 0 20917156 ELM TERRACE GARDENS OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING QUALITY HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF A 72-BED NURSING FACILITY, A 64-BED PERSONAL CARE FACILITY, A 24 BED MEMORY SUPPORT FACILITY, AND 146 INDEPENDENT LIVING APARTMENTS. THE COMPANY'S OPERATIONS ARE LOCATED IN LANSDALE, PENNSYLVANIA. ITS PRIMARY SERVICE AREA INCLUDES LANSDALE, PENNSYLVANIA AND SURROUNDING COMMUNITIES IN MONTGOMERY COUNTY, PENNSYLVANIA. THE ORGANIZATION SERVED 305 RESIDENTS DURING THE FISCAL YEAR.THE COMPANY PROVIDES INDEPENDENT LIVING, PERSONAL CARE AND MEMORY CARE SERVICES TO RESIDENTS WHO MEET CERTAIN CRITERIA AT AMOUNTS LESS THAN ITS COST OF PROVIDING CARE. THE COMPANY MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF BENEVOLENT CARE IT PROVIDES. THE COSTS ASSOCIATED WITH THE BENEVOLENT CARE SERVICES PROVIDED INCLUDE BOTH DIRECT COSTS AND ESTIMATED INDIRECT COSTS, AS CALCULATED BY MANAGEMENT. THE LEVEL OF BENEVOLENT CARE PROVIDED BY THE COMPANY, WHICH REPRESENTS THE DIFFERENCE BETWEEN THE ESTIMATED COST OF PROVIDING CARE AND THE PAYMENTS RECEIVED FOR SERVICES RENDERED WAS APPROXIMATELY $244,826 IN 2020 AND $271,322 IN 2019. 18239802 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 36 0 312 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X TIMOTHY MURPHY PRESIDENT AND CEO 2153615664 660 N BROAD STREET LANSDALE PA 19446 TIMOTHY MURPHY PRESIDENT/CEO 40.00 X 228023 0 18883 ROBERT MCLAIN VP/CFO (UNTIL MARCH 2020) 40.00 X 198682 0 24392 ROBERT PARVIN COO 40.00 X 169573 0 21740 ERIN TROUT MARKETING DIRECTOR 40.00 X 160612 0 20927 CAROL PESSOA-JACKSON LICENSED PRACTICAL NURSE 40.00 X 120711 0 13494 JOYCE MCINERNEY DIRECTOR OF NURSING 40.00 X 111713 0 10989 AUGUSTINE OWUSU-ADADE REGISTERED NURSE 40.00 X 102537 0 7315 MARIAN H KEAL REGISTERED NURSE 40.00 X 100197 0 8514 CLIFFORD T STOUT VICE CHAIRMAN 2.00 X X 0 0 0 JOHN HENLEY DIRECTOR 2.00 X 0 0 0 HAROLD MATHUES CHAIRMAN 2.00 X X 0 0 0 DON HELPA SECRETARY 2.00 X X 0 0 0 JAMES BURNS DIRECTOR 2.00 X 0 0 0 KATHRYN TATUM DIRECTOR 2.00 X 0 0 0 NATALIE GLANTZ DIRECTOR 2.00 X 0 0 0 CRAIG CAMPBELL DIRECTOR 2.00 X 0 0 0 JOHN PAROLA TREASURER 2.00 X X 0 0 0 REV ERIC KRAIHANZEL DIRECTOR 2.00 X 0 0 0 1192048 0 126254 8 0 1 0 UNIDINE 1000 WASHINGTON ST 510 BOSTON MA 02118 FOOD SERVICES 2983006 GENESIS REHABILITATION SERVICES PO BOX 821322 PHILADELPHIA PA 19175 THERAPY 1390346 SECURITY ABSTRACT 1592 SUMNEYTOWN PIKE LANDSDALE PA 19446 SECURITY 191588 GOOD PLUMBING HEATING AIR CONDITIONING 737 HAGEY CENTER DRIVE SOUDERTON PA 18964 MAINTENANCE 179475 CONTRACT PHARMACY SERVICES 125 TITUS AVENUE WARRINGTON PA 18976 PHARMACY 176201 16 11207 11207 NET RESIDENT SERVICE REVENUE 623000 20917156 20917156 20917156 77559 77559 355 355 294500 270501 23999 23999 23999 700000 638592 61408 61408 61408 38961 21207 17754 17754 COVID STIMULUS 623000 649739 649739 LAUNDRY REVENUE 623000 85397 85397 BARBER & BEAUTY REVENUE 623000 84395 84395 56815 56815 876346 21985784 20917156 0 1057421 X 671044 671044 7247531 6413674 833857 154390 152487 1903 720104 645191 74913 584719 442460 142259 102166 102166 58850 58850 1241 1241 5352560 5043903 308657 76182 76182 264402 107043 157359 140202 140202 1216123 1216123 26663 21679 4984 10397 10397 582690 523182 59508 2280101 2044540 235561 155926 155926 COVID EXPENSES 509475 509475 MEDICAL SUPPLIES 490792 490792 REPAIRS 178399 178399 BAD DEBT EXPENSE 177455 177455 510069 294928 215141 21511481 18239802 3271679 0 400 400 972659 2060753 2277639 2401162 25786 48232 192412 138364 59009586 19950984 39097383 39058602 4548039 3944453 475401 0 47589719 47651966 890033 1517906 113548 343050 17017067 16368614 903825 16312588 15307937 34333236 34441332 X 13256483 13210634 13256483 13210634 47589719 47651966 X 474303 -44751 -475401 X 0 1 X 1 0 X 301081 16140 65173 8895 11207 402496 17113118 17704329 18716369 20251488 20917156 94702460 17414199 17720469 18781542 20260383 20928363 95104956 1065 1065 0 1065 1065 95103891 178568 205872 149817 506723 372414 1413394 178568 205872 149817 506723 372414 1413394 204056 175122 193981 236951 915307 1725417 17796823 18101463 19125340 21004057 22216084 98243767 0.96800 0.97640 0.01440 0.01320 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2015 AMOUNT: $ 14,470. 2016 AMOUNT: $ 11,332. 2017 AMOUNT: $ 6,719. 2018 AMOUNT: $ 4,647. 2019 AMOUNT: $ 694. STORE INVENTORY - 2015 AMOUNT: $ 42,857. 2016 AMOUNT: $ 35,306. 2017 AMOUNT: $ 38,551. 2018 AMOUNT: $ 34,910. 2019 AMOUNT: $ 38,961. TRANSPORTATION REVENUE - 2015 AMOUNT: $ 6,191. 2016 AMOUNT: $ 7,084. 2017 AMOUNT: $ 5,360. 2018 AMOUNT: $ 4,682. 2019 AMOUNT: $ 4,392. LAUNDRY REVENUE - 2015 AMOUNT: $ 46,021. 2016 AMOUNT: $ 7,538. 2017 AMOUNT: $ 9,318. 2018 AMOUNT: $ 6,326. 2019 AMOUNT: $ 85,397. GUEST QUARTERS MEALS - 2015 AMOUNT: $ 25,600. 2016 AMOUNT: $ 19,907. 2017 AMOUNT: $ 20,607. 2018 AMOUNT: $ 26,458. 2019 AMOUNT: $ 20,417. TELEPHONE REVENUE - 2015 AMOUNT: $ 24,700. 2016 AMOUNT: $ 23,150. 2017 AMOUNT: $ 26,110. 2018 AMOUNT: $ 32,708. 2019 AMOUNT: $ 31,312. BARBER AND BEAUTY SHOP - 2015 AMOUNT: $ 44,217. 2016 AMOUNT: $ 70,805. 2017 AMOUNT: $ 87,316. 2018 AMOUNT: $ 127,220. 2019 AMOUNT: $ 84,395. COVID STIMULUS - 2019 AMOUNT: $ 649,739. 0 0 0 0 0 0 0 0 1 1241 1241 0 PART II-B, LINE 1: THE ORGANIZATION IS A MEMBER OF AND PAYS DUES TO LEADINGAGE AND LEADINGAGE PA, TWO ORGANIZATIONS WHICH ADVOCATE FOR SENIOR CITIZENS. A PORTION OF THE DUES IS ALLOCATED TO LOBBYING EXPENSES. 1507117 1507117 56291887 19002564 37289323 1210582 948420 262162 39058602 REFUNDABLE FEES AND DEPOSITS 801009 DEFERRED REVENUE - ENTRANCE FEES 14506928 15307937 22232741 -44751 -44751 22277492 -291708 -291708 21985784 21803189 291708 291708 21511481 0 21511481 PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -270,501. COST OF GOODS SOLD -21,207. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 270,501. COST OF GOODS SOLD 21,207. X X X 0 0 0 0 0 0 0 1 0 TIMOTHY MURPHY PRESIDENT/CEO 207375 0 20648 0 0 0 12442 0 6441 0 246906 0 0 0 ROBERT MCLAIN VP/CFO (UNTIL MARCH 2020) 181159 0 17523 0 0 0 10000 0 14392 0 223074 0 0 0 ROBERT PARVIN COO 153719 0 15854 0 0 0 10174 0 11566 0 191313 0 0 0 ERIN TROUT MARKETING DIRECTOR 75112 0 85500 0 0 0 9540 0 11387 0 181539 0 0 0 PART I, LINE 7 THE ORGANIZATION HAS AN INCENTIVE COMPENSATION PLAN FOR A SELECT GROUP OF EXECUTIVES WHICH IS BASED ON QUANTITATIVE AND QUALITATIVE GOALS, INCLUDING MEETING OR EXCEEDING BUDGETED AMOUNTS, RESIDENT AND EMPLOYEE SATISFACTION, SURVEY COMPARISONS, COMPLIANCE WITH REGULATIONS AND ADHERENCE TO STRATEGIC PLANNING. THE INCENTIVE COMPENSATION CANNOT EXCEED 15% OF THE INDIVIDUAL'S BASE COMPENSATION. THE ORGANIZATION HAS AN INCENTIVE COMPENSATION PLAN FOR MARKETING TEAM MEMBERS WHICH IS BASED ON QUANTITATIVE GOALS RELATED TO THE FILLING OF THE IL, SNF, PC, AND MSF UNITS. A NORTH PENN HEALTH HOSPITAL AND EDUCATIONAL AUTHORITY 232130191 2004-07-22 10000000 CONSTRUCTION AND REFINANCING 0 0 0 B NORTH PENN HEALTH HOSPITAL AND EDUCATIONAL AUTHORITY 232130191 2007-03-21 4885000 CONSTRUCTION AND REFINANCING 0 0 0 C HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY 232622492 2015-01-29 2500000 CONSTRUCTION AND RENOVATIONS 0 0 0 D HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY 232622492 2014-12-22 10000000 CONSTRUCTION AND RENOVATIONS 0 0 0 A 6593451 10000000 1315000 8685000 2004 1 0 1 1 B 3560781 4885000 221783 4685000 2007 1 0 1 1 C 401575 2500000 2500000 2017 0 0 1 1 D 1152804 10000000 10000000 2017 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CEO WILL PERFORM AN INITIAL REVIEW OF THE FORM 990. UPON HIS APPROVAL, THE BOARD OF DIRECTORS WILL RECEIVE COPIES OF THE RETURN BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C 1. DIRECTORS ATTEST UPON ELECTION TO THE BOARD AND ANNUALLY THEREAFTER THAT THEY ARE NOT DELIBERATELY ENGAGED IN ANY ACTIVITIES WHICH CREATE A CONFLICT OF INTEREST. DIRECTORS ATTEST UPON ELECTION TO THE BOARD AND ANNUALLY THEREAFTER THAT THEY WILL DISCLOSE SUCH A CONFLICT OF INTEREST SHOULD IT ARISE. SUCH ATTESTATION IS DOCUMENTED ON THE "INDIVIDUAL STATEMENT REGARDING CONFLICT OF INTEREST" FORM. 2. EXECUTED ATTESTATIONS ARE FILED IN THE BOARD OF DIRECTORS FILE. 3. SHOULD A DIRECTOR (OR ANYONE ELSE) BELIEVE THAT THERE EXISTS A CONFLICT OF INTEREST OR A POTENTIAL FOR A CONFLICT OF INTEREST BETWEEN THE INTERESTS OF ELM TERRACE GARDENS AND ANY OTHER INTEREST A DIRECTOR MAY HAVE, SUCH IS BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IN WRITING. 4. THE EXECUTIVE COMMITTEE EVALUATES THE CONFLICT OR POTENTIAL CONFLICT TO DETERMINE WHETHER IT UNDERMINES THE DIRECTOR'S ABILITY TO SERVE. 5. SHOULD THE BOARD DETERMINE THAT THE DIRECTOR NOT BE REMOVED FROM OFFICE, THE DIRECTOR ABSTAINS FROM DISCUSSION OF AND VOTING ON ANY MATTER RELATED TO THE CONFLICT OR POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE PENNSYLVANIA LEADINGAGE SALARY SURVEY FOR SOUTHEASTERN PENNSYLVANIA AS WELL AS THE NY, NJ, AND PA REGIONAL LEADINGAGE AND HCS CCRC COMPENSATION SURVEYS IN DETERMINING ALL EMPLOYEE COMPENSATION. ALL COMPENSATION DECISIONS ARE DETERMINED TAKING INTO CONSIDERATION FAIR MARKET RANGES FOR THE INDUSTRY. THE COMPENSATION OF THE PRESIDENT IS APPROVED BY THE BOARD. THE PRESIDENT, IN TURN, DETERMINES COMPENSATION FOR OTHER KEY EMPLOYEES. ALL DECISIONS ARE DOCUMENTED, INCLUDING THE AWARDING OF INCENTIVE BONUSES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FINANCIAL STATEMENT IS INCLUDED IN THE DISCLOSURE STATEMENT PROVIDED TO EXISTING AND PROSPECTIVE RESIDENTS. FORM 990, PART IX, LINE 11G FLIK CONTRACT: PROGRAM SERVICE EXPENSES 3,221,238. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,221,238. OCCUPATIONAL THERAPY SERVICES: PROGRAM SERVICE EXPENSES 527,815. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 527,815. PHYSICAL THERAPY SERVICES: PROGRAM SERVICE EXPENSES 650,608. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 650,608. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 612,557. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 612,557. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 31,685. MANAGEMENT AND GENERAL EXPENSES 308,657. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 340,342. FORM 990, PART XI, LINE 9: CHANGE IN ACCOUNTING STANDARD -475,401.