2021-09-17T13:15:29-05:00 2020-12-31 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2020-01-01 231379512 DUNWOODY VILLAGE DUNW 6103594400 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 MAUREEN CASEY PRESIDENT AND CEO 6103594400 2021-09-08 1 MAUREEN CASEY 999009999 VICKI RAIVITCH CPA P02060731 2156433900 2021-08-18 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z MAUREEN CASEY 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 38153876 0 X WWW.DUNWOODY.ORG X 1974 PA CONTINUING CARE RETIREMENT COMMUNITY LOCATED IN NEWTOWN SQUARE, PENNSYLVANIA 19 18 615 102 0 0 115962 1263825 37147810 35977024 1092019 702144 91566 72562 38447357 38015555 597031 651930 0 0 20802381 21041326 0 0 0 14821718 15238412 36221130 36931668 2226227 1083887 111476917 124279524 88429513 97059914 23047404 27219610 THE MISSION OF DUNWOODY VILLAGE IS TO PROVIDE A WELCOMING AND COMPASSIONATE COMMUNITY WITH DISTINCTIVE RESIDENTIAL AND HEALTHCARE SERVICES THAT PROMOTE WELLNESS, DIGNITY, AND RESPECT FOR OUR RESIDENTS AND HOME-BASED CLIENTS. 0 0 30003064 454410 35308139 SENIOR LIVING - DUNWOODY VILLAGE IS A CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES CARE FOR RESIDENTIAL LIVING, PERSONAL CARE AND SKILLED NURSING AND MEDICAL CARE TO ITS ELDERLY RESIDENTS/PATIENTS. COVID-19 HAS IMPACTED THE FACILITY, CAUSING ADDITIONAL COSTS FOR EMERGENCY PREPARDNESS, DISEASE CONTROL AND CONTAINMENT, POTENTIAL SHORTAGES OF HEALTH CARE AND OTHER PERSONNEL, AND LOSS OF REVENUE DUE TO REDUCTIONS IN CERTAIN REVENUE STREAMS. FUNDING MADE AVAILABLE THROUGH THE CARES ACT WAS UTILIZED FOR PAYROLL AND NONPAYROLL RELATED EXPENDITURES AS WELL AS TO HELP WITH LOST REVENUES. 293537 197520 668885 FINANCIAL SUPPORT - A NUMBER OF RESIDENTS ARE SUBSIDIZED THROUGH A TRUST FUND AND DONATIONS. THIS FUND PROVIDES RESIDENTIAL SERVICES AND AMENITIES AS WELL AS HEALTHCARE SERVICES TO AGE-QUALIFIED INDIVIDUALS. 30296601 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 23 0 615 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 PA X LEONARD DACHINO CONTROLLER 6103594454 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 SHERRY L SMYTH PRESIDENT AND CEO 37.50 0.00 X X 349290 0 39423 KATHRYN A BARTON DIRECTOR OF OPERATIONS 37.50 1.50 X 190682 0 11337 BRANDON JOLLY DIRECTOR OF HEALTH SERVICE 37.50 0.00 X 158298 0 27958 ELAINE KAISER DIRECTOR OF MARKETING 37.50 0.00 X 150737 0 20115 WESLEY KUEHNLE DIRECTOR OF FACILITIES 37.50 0.00 X 150965 0 11875 LEONARD DACHINO CONTROLLER 37.50 1.50 X 129485 0 27888 JOHN ALBERICI JR DIRECTOR OF DINING SERVICE 37.50 0.00 X 128909 0 17308 CURT SAYERS DIRECTOR OF HUMAN RESOURCE 37.50 0.00 X 127490 0 17416 EDWARD CHIOSSO CHAIRMAN OF THE BOARD 3.00 0.00 X X 0 0 0 PETER E BORT 1ST VICE PRESIDENT 2.00 1.00 X X 0 0 0 ERIN L HAAS 2ND VICE PRESIDENT 2.00 0.00 X X 0 0 0 ANNE MORSE SECRETARY 2.00 0.00 X X 0 0 0 KENNETH T ENGLE TRUSTEE 2.00 0.00 X 0 0 0 STEPHANIE STRID-DAVIS TRUSTEE 2.00 0.00 X 0 0 0 THEODORE BREDIKIN TRUSTEE 2.00 0.00 X 0 0 0 RICHARD GREENE TRUSTEE 2.00 0.00 X 0 0 0 JASON DARRACH TRUSTEE 2.00 0.00 X 0 0 0 STEPHEN YOUNG TRUSTEE 2.00 0.00 X 0 0 0 DR DAVID JONES TRUSTEE 2.00 0.00 X 0 0 0 CONNIE CARINO TRUSTEE 2.00 0.00 X 0 0 0 BERT DALBY TRUSTEE 2.00 0.00 X 0 0 0 REID SMITH TRUSTEE 2.00 0.00 X 0 0 0 ROBERT EDMINSTON TRUSTEE 2.00 0.00 X 0 0 0 CHARLES LADNER TRUSTEE 2.00 0.00 X 0 0 0 PATRICK BURKE TRUSTEE 2.00 0.00 X 0 0 0 DR CONNIE STUCKERT TRUSTEE 2.00 0.00 X 0 0 0 1385856 0 173320 8 0 1 0 RUMFORD AND RUMFORD INC 400 WEST STATE STREET MEDIA PA 19063 BUILDING CONTRACTOR 5472473 GENESIS REHABILITATION SERVICES PO BOX 821322 PHILADELPHIA PA 19182 THERAPY CONTRACTOR 1185791 WARFEL CONSTRUCTION 1110 ENTERPRISE ROAD EAST PETERSBURG PA 17520 GENERAL CONTRACTING SERVICES 749466 INDUSTRIAL MECHANICAL CONTRACTORS INC 240 TANNER AVENUE HATBORO PA 19040 ELEVATOR MECHANICAL SERVICES 432070 BERNARDON 123 JUSTISON STREET STE 101 WILMINGTON DE 19801 PROFESSIONAL SERVICES 368547 12 1247250 16575 1263825 RESIDENT CARE FEES 623000 21454484 21454484 MEDICAL CARE FEES 623000 7790261 7790261 AMORT. OF DEFERRED ENTRY FEES 623000 6519167 6519167 RESIDENT SERVICE FEE 623000 173174 173174 SOCIAL ENGAGEMENT FOOD/BEVERAGE 722515 12260 12260 27678 27678 35977024 584140 584140 72562 0 72562 72562 72562 256325 138321 118004 118004 118004 38015555 35977024 0 774706 651930 651930 748105 748105 16911630 16052320 859310 592748 563747 29001 1877583 1138207 739376 911260 828316 82944 33344 33344 69102 69102 11825 11825 1657705 1225651 432054 372900 347521 25379 429842 294450 135392 270748 27125 243623 4681573 3117730 1563843 808917 808917 5175359 4643263 532096 335781 15025 320756 COVID-19 677795 677795 MEDICAL SUPPLIES 365587 365587 REPAIRS/MAINTENANACE 155531 155531 BAD DEBT 88279 88279 104124 104124 36931668 30296601 6635067 0 1048606 4389336 6621196 7290725 2675140 2140786 15402 49832 586720 758946 138722002 59211001 76043672 79511001 23987582 29573091 498599 565807 111476917 124279524 4237102 5315444 52045516 49617260 30679617 37301099 3610900 1467278 1215211 88429513 97059914 X 18891773 23085248 4155631 4134362 23047404 27219610 111476917 124279524 X 1083887 3123987 -35668 X 0 1 X 1 0 X 185978 36395 9920 115962 1263825 1612080 32495173 35113565 35671198 37147810 35977024 176404770 32681151 35149960 35681118 37263772 37240849 178016850 303463 357372 660835 0 303463 357372 660835 177356015 517325 600102 633181 799126 656702 3206436 517325 600102 633181 799126 656702 3206436 33198476 35750062 36314299 38062898 37897551 181223286 0.97870 0.98220 0.01770 0.01780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 23272507 6350 4537316 310302 5842 36262 27463767 19386854 67115 4149040 296921 6151 27430 23272507 20975460 2486 -1261620 267497 7875 54100 19386854 17775576 29911 3440064 239966 6975 23150 20975460 17158156 25000 894457 236873 65164 17775576 0.79000 0.04000 0.17000 0 0 125546254 56190163 69356091 5011525 2647061 2364464 8164223 373777 7790446 79511001 INTEREST RATE SWAP AGREEMENT 607651 REFUNDABLE DEPOSITS FROM PROSPECTIVE RESIDENTS 607560 1215211 X PART V, LINE 4: ENDOWMENT FUNDS INCLUDE BOARD DESIGNATED OR QUASI-ENDOWMENT FUNDS, MEDICAL RESERVE FUND, RESIDENT'S ENDOWMENT FUND, RESIDENT'S RESERVE FUND, MEMORIAL GARDEN FUND AND TRUST FUND. THE MEDICAL RESERVE AND RESIDENT'S ENDOWMENT FUNDS PROVIDE FUNDS TO HELP SUPPORT THE CARE OF CERTAIN RESIDENTS WHO ARE UNABLE TO PAY THEIR MONTHLY FEE. THE MEMORIAL GARDEN FUND IS A SPECIFIC-PURPOSE FUND USED FOR THE MAINTENANCE OF A GARDEN DEDICATED TO THE MEMORY OF PAST RESIDENTS. THE TRUST FUND IS A PERMANENTLY RESTRICTED FUND, INCOME AND GAINS EARNED BY THE TRUST ARE UNRESTRICTED AND AVAILABLE FOR USE AS DESIGNATED BY THE BOARD OF TRUSTEES. PART X, LINE 2: DUNWOODY VILLAGE IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. DUNWOODY FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAS NO IMPACT ON DUNWOODY'S CONSOLIDATED FINANCIAL STATEMENTS. 1 PER DIEM SUBSIDY FOR PERSONAL CARE RESIDENTS 5 454410 RESIDENT RESERVE 6 197520 PART I, LINE 2: DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING USE OF GRANTS - DUNWOODY VILLAGE PROVIDES FINANCIAL ASSISTANCE TO CERTAIN ELIGIBLE RESIDENTS TO PAY FOR MONTHLY AND MEDICAL CARE FEES. THE INITIAL APPLICATION IS REVIEWED BY TOP MANAGEMENT AND IF DEEMED ELIGIBLE FOR FINANCIAL ASSISTANCE THE APPLICATION IS FORWARDED TO THE APPROPRIATE COMMITTEE FOR FINAL APPROVAL. ONCE APPROVED THE PAPERWORK IS FORWARDED TO THE ACCOUNTING OFFICE FOR PROCESSING OF THE GRANT. THE OFFICE OF THE CONTROLLER MONITORS THE GRANT ON AN ONGOING BASIS. NO FUNDS ARE RELEASED TO RECIPIENTS DIRECTLY, THEY ARE INTERNALLY CREDITED TO A RESIDENTS ACCOUNTS, AS SUCH THE ORGANIZATION IS ABLE TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. X X X X 0 0 0 0 0 0 0 1 0 SHERRY L SMYTH PRESIDENT AND CEO 299784 0 49506 0 0 0 15675 0 23748 0 388713 0 0 0 KATHRYN A BARTON DIRECTOR OF OPERATIONS 164709 0 25973 0 0 0 10636 0 701 0 202019 0 0 0 BRANDON JOLLY DIRECTOR OF HEALTH SERVICE 140133 0 18165 0 0 0 5973 0 21985 0 186256 0 0 0 ELAINE KAISER DIRECTOR OF MARKETING 132214 0 18523 0 0 0 7801 0 12314 0 170852 0 0 0 WESLEY KUEHNLE DIRECTOR OF FACILITIES 144615 0 6350 0 0 0 3820 0 8055 0 162840 0 0 0 LEONARD DACHINO CONTROLLER 124626 0 4859 0 0 0 7326 0 20562 0 157373 0 0 0 PART I, LINE 7 ANY BONUS PAID IS EVALUATED AS PART OF THE EMPLOYEE'S OVERALL COMPENSATION REVIEW, WHICH INCLUDES COMPARABILITY DATA AND INDEPENDENT PERSONS. THE REVIEW PROCESS AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED AS PART OF COMMITTEE MINUTES AND/OR THE EMPLOYEE'S PERSONNEL FILE. DETERMINING THE AMOUNT OF THE BONUS INVOLVES THE DISCRETION OF THOSE INDEPENDENT PEOPLE INVOLVED IN THE REVIEW, BASED ON THEIR EVALUATION OF EMPLOYEE PERFORMANCE AS COMPARED TO GOALS AS PART OF A FORMAL 'GRADING' PROCESS. BONUSES ARE LIMITED TO A MAXIMUM PERCENTATGE OF THE EMPLOYEE'S SALARY, THE MAXIMUM IS DOCUMENTED IN THE ORGANIZATION'S FORMAL POLICIES. ALL BONUSES ARE INCLUDED IN W-2 COMPENSATION, THE 2020 BONUSES FOR THOSE LISTED ON FORM 990, PART VII, SECTION A, LINE 1 ARE AS FOLLOWS: SHERRY L. SMYTH $49,506 KATHRYN A. BARTON $25,973 LEONARD DACHINO $4,859 BRANDON JOLLY $18,165 ELAINE KAISER $18,523 WESLEY KUEHNLE $6,350 JOHN ALBERICI, JR. $5,607 CURT SAYERS $5,197 A DELAWARE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 231997311 NONEAVAIL 2020-07-30 64395000 REFINANCE 2013 BONDS AND FUND EXPANSION/RENOVATION PROJECTS 0 0 0 A 250341 38116633 483215 7041411 30592007 1 0 0 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 SCHEDULE K, PART II, PROCEEDS: PROCEEDS OF $38,116,633 INCLUDE $7,041,411 IN 2020A PROJECT COSTS IN 2020, $30,592,007 IN REFUNDING PREVIOUSLY OUTSTANDING BONDS, AND $483,215 OF ISSUANCE COSTS. $26,278,367 REMAIN AVAILABLE TO DRAW ON THE 2020A BONDS AS OF DECEMBER 31, 2020. FORM 990, PART V, LINES 1 AND 2: DUNWOODY VILLAGE HAS TWO ACTIVE EMPLOYER IDENTIFICATION NUMBERS (EIN). THE FORM 990 IS FILED UNDER EIN 23-1379512, THE 1099S, W-2S AND OTHER PAYROLL TAX FILINGS WERE ALL FILED UNDER EIN 23-1888807. DUNWOODY VILLAGE MERGED THE EINS AFTER DECEMBER 2020, WITH THE SURVIVING EIN BEING 23-1379512. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE CORPORATION AND OTHER TRUSTEES THAT MAY BE NAMED TO THE COMMITTEE BY THE CHAIR. THE EXECUTIVE COMMITTEE: (A) SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION AND SHALL: (I) ACT AS AN ETHICS COMMITTEE WHEN NEEDED TO DEVELOP POLICIES AND GUIDELINES FOR HANDLING OF ETHICAL ISSUES AND REVIEW AND GIVE CONSULTATION INVOLVING ETHICAL DIFFICULTIES. (II) CONDUCT PERFORMANCE REVIEW OF PRESIDENT CHIEF EXECUTIVE OFFICER. (III) MONITOR EFFECTIVENESS AND APPROVE INCENTIVE COMPENSATION OF EMPLOYEES UNDER INCENTIVE COMPENSATION PROGRAMS. (IV) REVIEW AND RECOMMEND TO THE BOARD CHANGES TO THE HUMAN RESOURCES POLICY AND BENEFIT PLANS OF THE CORPORATION. (V) SUCH OTHER DUTIES AND FUNCTIONS AS MAY BE ASSIGNED BY THE BOARD. (B) THE EXECUTIVE COMMITTEE, HOWEVER, SHALL NOT HAVE ANY POWER OR THE AUTHORITY AS TO THE FOLLOWING: (I) THE FILLING OF VACANCIES IN THE BOARD OF TRUSTEES. (II) THE ADOPTION, AMENDMENT OR REPEAL OF (THE) BYLAWS OF THE CORPORATION. (III) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD. (IV) ACTION ON MATTERS ASSIGNED BY (THE) BYLAWS OR RESOLUTION OF THE BOARD OF TRUSTEES TO ANOTHER COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN REVIEWED BY THE FINANCE COMMITTEE. IN ADDITION, ALL VOTING BOARD MEMBERS WILL RECEIVE A COPY OF THE FORM 990 PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. FOR THE 2020 FORM 990, IN ORDER TO HONOR A DONOR REQUEST FOR ANONYMITY THE COPY OF THE FORM 990 REVIEWED BY THE FINANCE COMMITTEE AND RECEIVED BY THE BOARD WILL HAVE THE SCHEDULE B DONOR NAMES AND ADDRESSES REDACTED. FORM 990, PART VI, SECTION B, LINE 12C DUNWOODY VILLAGE REQUIRES THAT EACH TRUSTEE, OFFICER, EMPLOYEE AND MEMBER OF THE CLINICAL STAFF CONDUCT THEIR AFFAIRS IN AN ETHICAL MANNER AND IN A WAY THAT AVOIDS CONFLICTS OF INTEREST. ANY POTENTIAL CONFLICT OF INTEREST THAT THE MEMBERS OF DUNWOODY VILLAGE AND ITS RELATED PARTIES MAY HAVE IS DISCLOSED IN WRITING TO THE CORPORATE COMPLIANCE OFFICER. IF A CONFLICT OF INTEREST SHOULD ARISE FROM A VOTING BOARD MEMBER, THAT BOARD MEMBER WOULD BE PROHIBITED FROM VOTING ON THOSE SPECIFIC CONFLICTING MATTERS. USE OF POSITION TO SECURE ANY SPECIAL DISCOUNT OR OTHER FAVORABLE TREATMENT FROM ANY PERSON OR ORGANIZATION WITH WHICH DUNWOODY VILLAGE DOES OR IS SEEKING TO DO BUSINESS WITH IS PROHIBITED. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMPENSATION PHILOSOPHY APPLIES TO THE PRESIDENT/CEO, OTHER OFFICERS AND ANY KEY EMPLOYEES. THE EXECUTIVE COMPENSATION PHILOSOPHY IS TO MAINTAIN A PACKAGE OF SALARY AND BENEFITS THAT WILL ENSURE THAT DUNWOODY VILLAGE WILL CONSISTENTLY ATTRACT AND RETAIN COMPETENT EXECUTIVE MANAGEMENT. AT LEAST EVERY OTHER YEAR SALARY AND BENEFITS PAID BY SIMILAR ORGANIZATIONS WILL BE REVIEWED THROUGH WAGE AND BENEFITS SURVEYS BY THE HUMAN RESOURCES DIRECTOR. THE HUMAN RESOURCES DIRECTOR WILL ADVISE THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HOW THE EXECUTIVE COMPENSATION COMPARES WITH THAT BEING PAID BY SIMILAR ORGANIZATIONS FOR SIMILAR POSITIONS. EMPLOYEE COMPENSATION IS ALSO REVIEWED AND COMPARED WITH NATIONAL AND STATE ASSOCIATIONS WAGE SURVEYS OF SIMILAR CCRC ENTITIES. FOR OTHER OFFICER AND KEY EMPLOYEE POSITIONS THE PRESIDENT/CEO ALSO WORKS WITH THE EXECUTIVE COMMITTEE AND COMPARABILITY DATA PULLED BY THE HUMAN RESOURCES DIRECTOR TO DETERMINE APPROPRIATE COMPENSATION. REVIEW OF THE PRESIDENT/CEO COMPENSATION IS COMPLETED ANNUALLY BY THE BOARD OF TRUSTEES. REVIEW OF 2019 PERFORMANCE AND COMPENSATION OF CONTROLLER, DIRECTOR OF OPERATIONS AND THE PRESIDENT/CEO OCCURED IN MARCH 2020. THE EXECUTIVE COMMITTEE HAD A TELEPHONE MEETING TO DISCUSS 2019 PERFORMANCE AND COMPENSATION OF THE DIRECTOR OF OPERATIONS AND THE PRESIDENT/CEO IN MARCH 2020. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE INCLUDED IN THE DUNWOODY ANNUAL REPORT BOOKLET. THE CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 301,677. LOSS ON EXTINGUISHMENT OF DEBT -337,345. DUNWOODY LONG TERM CARE SERVICES 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 ELDERLY CARE PA 64872 903119 DUNWOODY VILLAGE INC THE DUNWOODY TRUST 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 CHARITY CARE FUNDING PA 721143 4458667 DUNWOODY VILLAGE INC DUNWOODY ALLIED SERVICES INC 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 232854206 ELDERLY CARE PA 501(C)(3) LINE 12A, I DUNWOODY VILLAGE 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 1 0 DUNWOODY ALLIED SERVICES J 54720 FMV DUNWOODY ALLIED SERVICES L 60000 FMV