2021-02-15T11:37:30-06:00 2020-09-30 042713795 MEYERS BROTHERS KALICKA PC 330 WHITNEY AVE SUITE 800 HOLYOKE MA 01040 990 2019-10-01 042105937 GLENMEADOW INC GLEN 4135677800 24 TABOR CROSSING LONGMEADOW MA 01106 ANNE THOMAS PRESIDENT AND CEO 4135677800 2021-02-10 1 RUDY M D'AGOSTINO P00962620 4135368510 2021-02-10 2019 2022-09-23 18:48:47Z ANNE THOMAS 24 TABOR CROSSING LONGMEADOW MA 01106 22666693 0 X WWW.GLENMEADOW.ORG X 1884 MA PROVIDING PREMIER SENIOR SERVICES; NURTURING MIND, BODY AND SPIRIT OF THOSE WE SERVE 16 15 309 83 6703 -610 129553 272956 10836940 11017384 1228777 77311 97193 78543 12292463 11446194 20203 45095 0 0 6818634 7266867 0 0 46712 5124950 5141895 11963787 12453857 328676 -1007663 47551682 46724776 34799258 34219422 12752424 12505354 X TO PROVIDE SERVICES TO MEET THE HOUSING, HEALTHCARE, PHYSICAL, EMOTIONAL, RECREATIONAL, SPIRITUAL, AND SOCIAL NEEDS OF ITS CLIENTS. 1 0 7502042 45095 7993541 GLENMEADOW PROVIDED HOUSING AND SUPPORTIVE SERVICES TO 190 SENIORS. 2778622 3023843 GLENMEADOW AT HOME PROVIDED PERSONAL CARE AND OTHER SUPPORTIVE SERVICES TO 142 SENIORS. 2362 GLENMEADOW'S NEIGHBOR TO NEIGHBOR PROGRAM PROVIDED SUPPORT TO 14 SENIORS IN THE COMMUNITY TO COMBAT THE EFFECTS OF ISOLATION. 10283026 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 62 0 1 309 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X DAVID LESLIE 4135677800 24 TABOR CROSSING LONGMEADOW MA 01106 ANNE THOMAS PRESIDENT/CEO 40.00 X 256298 0 26800 DAVID LESLIE VP OF FINANCE 40.00 X 164150 0 17392 ANNE WESTCOTT VP OF OPERATIONS 40.00 X 161207 0 17186 LINDA EDWARDS VP OF MARKETING 40.00 X 129816 0 9367 EMILY PERKINS VP HEALTH AND WELLNESS 40.00 X 109960 0 12707 DENNIS FITZPATRICK CHAIR 1.00 X X 0 0 0 AMY SANTERELLI VICE CHAIR 1.00 X X 0 0 0 NORMAN SMITH TREASURER 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 1.00 X 0 0 0 CRYSTAL DIAMOND DIRECTOR 1.00 X 0 0 0 JEROME GURLAND DIRECTOR 1.00 X 0 0 0 PAUL BARDEN DIRECTOR 1.00 X 0 0 0 NAREN DHAMODHARAN DIRECTOR 1.00 X 0 0 0 JOHN GALLUP DIRECTOR 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 - EFF 11/12/19 1.00 X 0 0 0 821431 0 83452 5 0 1 0 GRAYSTONE CONSULTING 53 STATE STREET BOSTON MA 02109 INVESTMENT FEES 182234 1 272956 272956 RESIDENT SERVICE FEE 623990 7356685 7356685 COMMUNITY SERVICES 621610 3023843 3023843 ENTRANCE FEES 623990 636856 636856 11017384 631348 631348 9464 0 9464 9464 9464 10663423 3039 11199924 20575 -536501 -17536 -554037 -554037 GUEST FEES 623990 29225 29225 STORE 453000 27628 27628 MISCELLANEOUS 623990 12226 6703 5523 69079 11446194 11017384 6703 149151 45095 45095 428677 134675 259453 34549 5991604 5249868 741736 297700 216407 81293 548886 390689 158197 14631 14631 29422 29422 168738 168738 46430 7228 31146 8056 26703 1299 25404 117008 72114 40787 4107 368943 368943 21437 15551 5886 51290 51290 1524445 1524445 640903 495496 145407 FOOD & RELATED SUPPLIES 746494 746494 REAL ESTATE TAXES 546709 546709 REPAIRS & MAINTENANCE 324781 324781 WORKERS' COMPENSATION 112141 112141 401820 91942 309878 12453857 10283026 2124119 46712 2375784 1934443 2831406 2168697 19588 19588 479611 286872 210303 220678 40286192 21189141 19390143 19097051 19969757 20648173 58785 58322 17333 14288 2198972 2276664 47551682 46724776 179314 158379 3209549 3436585 1778062 1629827 423866 410889 64582 39583 29143885 28544159 34799258 34219422 X 10897062 10583837 1855362 1921517 12752424 12505354 47551682 46724776 X -1007663 758195 2398 X X 0 1 X 1 0 X 272936 287946 240537 129553 272956 1203928 9328782 9623253 10012273 10836940 11017384 50818632 79092 76851 75522 83795 56853 372113 9680810 9988050 10328332 11050288 11347193 52394673 322583 368307 254663 185594 318848 1449995 564602 748615 553681 800895 975215 3643008 887185 1116922 808344 986489 1294063 5093003 47301670 597374 518909 735624 932300 640812 3425019 597374 518909 735624 932300 640812 3425019 28799 9557 25629 6703 70688 10306983 10516516 11089585 11982588 11994708 55890380 0.84630 0.85370 0.06130 0.06530 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1899928 88564 147055 185966 1949581 1984603 79346 -692 163329 1899928 1935037 64377 45985 60796 1984603 1825830 29266 110866 30925 1935037 1732705 109814 55254 71943 1825830 0.01440 0.97380 0.01180 1 0 2817051 2817051 31210004 17727185 13482819 6023294 3443284 2580010 235843 18672 217171 19097051 PENDING ENTRANCE FEE REFUNDS 1539175 ACCRUED EXPENSES 912702 FEES REFUNDABLE TO RESIDENTS 25567436 DEFERRED COMPENSATION 509085 OTHER 15761 28544159 X 11992954 758195 2398 760593 11232361 168738 45095 213833 11446194 12240024 0 12240024 168738 45095 213833 12453857 PART IV, LINE 2B: DEPOSITORS' ESCROW ($244,303) IS RESERVATION DEPOSITS PRIOR TO OCCUPANCY. SECURITY DEPOSIT FUND ($193,857) 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 2,398. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE REPORTED AS AN EXPENSE ON 990 45,095. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE REPORTED AS AN EXPENSE ON 990 45,095. 1 FINANCIAL ASSISTANCE 2 45095 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 X 0 0 0 0 0 0 0 0 0 ANNE THOMAS PRESIDENT/CEO 223080 0 33218 0 0 0 18149 0 8651 0 283098 0 0 0 DAVID LESLIE VP OF FINANCE 154150 0 10000 0 0 0 11605 0 5787 0 181542 0 0 0 ANNE WESTCOTT VP OF OPERATIONS 151207 0 10000 0 0 0 11399 0 5787 0 178393 0 0 0 A MASS DEVELOPMENT FINANCE AGENCY 043431814 2012-12-17 3000000 CONSTRUCTION OF COMMON AREAS IN BUILDING 0 0 0 A 3000000 58742 2592300 348958 2014 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 1 0 1 A 0 0 0 1 0 0 0 1 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MASS. DEVELOPMENT FINANCE AGENCY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/28/2015 AARON MENDOLSON INTERESTED PERSON WAS A TENANT AND IS A BOARD MEMBER 258741 RESIDENT FEES REFUNDED IN USUAL COURSE OF BUSINESS UNDER SAME TERMS OFFERED TO GENERAL PUBLIC 0 FORM 990, PART III, LINE 2 THE ORGANIZATION STARTED A NEW PROGRAM TO HELP COMBAT SOCIAL ISOLATION THAT MIGHT RESULT IN DEPRESSION, COGNITIVE DECLINE AND OTHER HEALTH PROBLEMS EXPERIENCED BY OLDER ADULTS. AS PART OF THE PROGRAM, GLENMEADOW RECEIVED A GRANT TO HELP TRAIN VOLUNTEERS, WHO ARE MOSTLY OLDER ADULTS THEMSELVES, TO WORK WITH ELDERS WHO SEEK COMPANIONSHIP. 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 B, LINE 15 THE EXECUTIVE COMMITTEE CONDUCTS A COMPETITIVE ANALYSIS OF PRESIDENT/CEO OF LIKE ORGANIZATIONS ANNUALLY USING 990'S OF THOSE COMPARABLE ORGANIZATIONS. AN ANALYSIS IS ALSO PERFORMED FOR THE SALARY OF THE VP OF FINANCE, VP OF OPERATIONS AND THE VP OF MARKETING AND STRATEGIC INITIATIVES. 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 2,398. 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 0 8 GLENMEADOW INC