2020-07-01T13:05:37-05:00 2019-06-30 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2018-07-01 223876595 LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION LIBE 8142381949 260 LIONS HILL ROAD STATE COLLEGE PA 16803 JOHN M BARNUM CFO/SENIOR VICE PRESIDENT 8142381949 2020-07-01 1 JENNIFER SOLOT P00749373 2155677770 50.203.243.162 2020-07-01 14:04:33 ED P 77CA6B56B756E7D447116D987DC2386506D64E33 BD9A5248FD892EED72309E8CBFD61EFE5C549072 2018 2021-01-29 14:40:06Z THE VILLAGE AT PENN STATE LUANNE FISHER 7002 BUTLER PIKE AMBLER PA 19002 13792783 0 9386 X WWW.VILLAGEATPENNSTATE.ORG X 2002 PA THE VILLAGE AT PENN STATE SUPPORTS A VIBRANT LIFESTYLE AS A PREMIER RETIREMENT COMMUNITY WITH A PENN STATE UNIVERSITY RELATIONSHIP. 14 13 191 76 0 0 3403 26461 12827804 13494711 58598 188132 68643 83479 12958448 13792783 0 0 0 0 4870515 4985553 0 0 87500 7837137 7926932 12707652 12912485 250796 880298 53638904 60673642 53435886 59000724 203018 1672918 THE VILLAGE AT PENN STATE SUPPORTS A VIBRANT LIFESTYLE AS A PREMIER RETIREMENT COMMUNITY WITH A PENN STATE UNIVERSITY RELATIONSHIP. 0 0 10660611 13558753 LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION, D/B/A THE VILLAGE AT PENN STATE, IS A NONPROFIT 501(C)(3) SENIOR LIVING COMMUNITY LOCATED IN STATE COLLEGE, PENNSYLVANIA THAT PROVIDES LIVING OPTIONS AND WELLNESS AMENITIES INCLUDING INDEPENDENT LIVING, PERSONAL CARE, SHORT-TERM REHABILITATION, AND LONG-TERM SKILLED NURSING CARE. THE VILLAGE AT PENN STATE'S CONNECTION TO PENNSYLVANIA STATE UNIVERSITY AND ITS PROXIMITY TO CAMPUS FOSTERS A VIBRANT AND ACTIVE LIFESTYLE FOR RESIDENTS. 10660611 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 25 0 1 191 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 13 0 1 0 0 1 0 1 1 1 0 0 0 1 1 1 1 1 1 0 0 PA X JOHN M BARNUM CFOSENIOR VICE PRE 2674647700 7002 BUTLER PIKE AMBLER PA 19002 BEVERLY COLLER CHAIRPERSON 0.50 X X 0 0 0 NEVIN MANN VICE CHAIR 0.50 4.50 X X 0 0 0 STEVE LYNN SECRETARY 0.50 X X 0 0 0 JOHN RHODES TREASURER 0.50 X X 0 0 0 BEVERLY BORTZ BOARD MEMBER 0.50 4.50 X 0 0 0 JOHN HECK CHAIRMAN EMERITUS 0.50 4.50 X 0 0 0 FRANK ROTH BOARD MEMBER 0.50 0.50 X 0 0 0 NANCY WILLIAMS BOARD MEMBER 0.50 X 0 0 0 SALLY WILLIAMS BOARD MEMBER 0.50 X 0 0 0 NANCY SILVIS BOARD MEMBER 0.50 X 0 0 0 MARTY SLIWINSKI BOARD MEMBER 0.50 X 0 0 0 KURT KISSINGER BOARD MEMBER 0.50 X 0 0 0 CHICK KING BOARD MEMBER 0.50 X 0 0 0 JIM CAMPBELL BOARD MEMBER 0.50 X 0 0 0 LUANNE FISHER CEO/PRESIDENT 0.50 41.50 X X 0 429670 53159 JOHN BARNUM SENIOR VP/CFO 0.50 41.50 X 0 229327 36654 JOAN MYERS SENIOR VP/COO 0.50 41.50 X 0 214866 52145 ELLEN CORBIN EXECUTIVE DIRECTOR 37.50 X 117032 0 5108 117032 873863 147066 1 0 1 0 WARFEL CONSTRUCTION COMPANY 1110 ENTERPRISE ROAD EAST PETERSBURG PA 17520 CONSTRUCTION 4616855 GENESIS ELDERCARE REHAB SERVICES PO BOX 821232 PHILADELPHIA PA 19182 THERAPY 425544 ARNOLD PALMER DESIGN COMPANY INC 9000 BAY HILL BOULEVARD ORLANDO FL 32819 GOLF COURSE DESIGN CONSULTING 144758 XGRASS 280 BORING DRIVE DALTON GA 30721 GROUNDS CONSULTANT - GOLF COURSE 137056 BLUESPIRE MARKETING 7650 EDINBOROUGH WAY 425 MINNEAPOLIS MN 55435 MARKETING 120718 6 26461 26461 RESIDENTIAL FACILITY SERVICE CHAR 623000 7609921 7609921 AMORTIZATION OF DEFERRED ENTRANCE 623000 2652947 2652947 MEDICAL CARE FACILITY SERVICE CHA 623000 2485594 2485594 PERSONAL CARE FACILITY SERVICE CH 623000 519750 519750 HOME CARE 623000 226499 226499 13494711 186532 186532 15638 0 15638 15638 15638 1600 0 1600 1600 1600 1187 0 1187 1187 OTHER REVENUE - MEALS 623000 64042 64042 OTHER REVENUE 623000 2612 2612 66654 13792783 13558753 0 207569 X 127364 123580 3784 3781888 3669530 112358 18856 18856 707044 659556 47488 350401 340676 9725 664571 577071 87500 1364579 320029 1044550 281851 281851 687786 687786 566768 566768 2049240 2049240 116906 100486 16420 FOOD 616022 616022 THERAPY SERVICES 538606 538606 PROPERTY TAX 418159 418159 SUPPLIES/OTHER 297523 226396 71127 324921 324921 12912485 10660611 2164374 87500 3910121 3995595 1756477 2496778 47686 52476 231270 240362 59042499 11769892 43083750 47272607 4609600 6615824 53638904 60673642 2305431 2101017 12417963 17172888 854900 283600 18028503 21576289 19829089 17866930 53435886 59000724 X -967906 1347119 1170924 325799 203018 1672918 53638904 60673642 X 880298 589602 X 0 1 X 1 0 X 0 1 X 47896327 10940477 36955850 1602033 829415 772618 9544139 9544139 47272607 INTEREST IN NET ASSETS OF FOUNDATION 325799 DUE FROM AFFILIATES 6290025 6615824 DUE TO AFFILIATES 8245776 REFUNDABLE ENTRANCE FEES 9621154 17866930 X 14411150 618367 618367 13792783 0 13792783 12941250 28765 28765 12912485 0 12912485 PART IV, LINE 2B: DEPOSITS FROM PROSPECTIVE RESIDENTS CONSIST OF ENTRANCE FEE DEPOSITS. ENTRANCE FEE DEPOSITS ARE RECEIVED FROM PROSPECTIVE RESIDENTS WHO INTEND TO MOVE INTO A UNIT. ENTRANCE FEE DEPOSITS GENERALLY REPRESENT 10% OF THE TOTAL ENTRANCE FEE FOR THE UNIT SELECTED. THE DEPOSIT FUNDS ARE APPLIED AGAINST THE TOTAL ENTRANCE FEE UPON OCCUPANCY. PART X, LINE 2: THE VILLAGE QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE VILLAGE IS ALSO EXEMPT FROM STATE INCOME TAX. THE VILLAGE FOLLOWS THE PROVISIONS OF THE INCOME TAX ACCOUNTING STANDARDS REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON THE VILLAGE'S FINANCIAL STATEMENTS. THE VILLAGE'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION 118,367. CHANGE IN OBLIGATION TO PROVIDE FUTURE SERVICES 500,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSES 28,765. X X 0 0 0 0 0 0 0 1 0 LUANNE FISHER CEO/PRESIDENT 0 429670 0 0 0 0 0 26250 0 26909 0 482829 0 0 JOHN BARNUM SENIOR VP/CFO 0 229327 0 0 0 0 0 26226 0 10428 0 265981 0 0 JOAN MYERS SENIOR VP/COO 0 214866 0 0 0 0 0 25527 0 26618 0 267011 0 0 PART I, LINE 7 DISCRETIONARY BONUSES WERE PAID. SCHEDULE J, PART II, COMPENSATION POLICY OF RELATED ORGANIZATION: ALL TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES ARE EMPLOYEES OF ITS PARENT ORGANIZATION. THE FOLLOWING POLICIES ARE APPLIED TO THE PARENT AND ITS AFFILIATES: THE EXECUTIVE COMMITTEE APPROVES THE ANNUAL REVIEW AND COMPENSATION OF THE CEO. THE CFO AND COO ARE REVIEWED ANNUALLY BY THE CEO, WHILE THE EXECUTIVE DIRECTORS ARE REVIEWED ANNUALLY BY THE COO, ALL WITH COMPARABLE SALARY SURVEYS. THE CEO REPORTS THE ANNUAL EXECUTIVE REVIEWS TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 3 LIBERTY LUTHERAN HOUSING DEVELOPMENT DESIGNATES ITS ADMINISTRATIVE/MANAGEMENT FUNCTIONS TO ITS PARENT AND AFFILATED ORGANIZATION (BOTH NOT-FOR-PROFIT CORPORATIONS) UNDER THE AFFILIATE AGREEMENT DATED MAY 7, 2012. IN ACCORDANCE WITH THE ANNOUNCEMENT 2001-33, THE TOTAL FEES INCURRED FOR THESE SERVICES DURING THE REPORTING YEAR WERE AS FOLLOWS: A)$577,071 TO ITS PARENT ORGANIZATION AND REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A, COLUMN C AND B) $87,500 TO ITS AFFILIATED ORGANIZATION AND REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A, COLUMN D. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE MEMBER. THE SOLE MEMBER SHALL BE LIBERTY LUTHERAN SERVICES. FORM 990, PART VI, SECTION A, LINE 7B THE APPROVAL OF THE MEMBER SHALL BE REQUIRED FOR ANY OF THE FOLLOWING ACTIONS BY THE CORPORATION: ANY MERGER, DISSOLUTION, OR LIQUIDATION OF THE CORPORATION; ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS OF THE CORPORATION; THE SALE, PLEDGE, LEASE (BUT ONLY A LEASE FROM THE CORPORATION OF SUBSTANTIALLY ALL OF THE CORPORATION'S REAL PROPERTY), OR OTHER TRANSFER OF THE ASSETS OF THE CORPORATION OTHER THAN TRANSACTION OCCURRING IN THE ORDINARY COURSE OF BUSINESS; THE ADOPTION OF THE CORPORATION'S ANNUAL CAPITAL AND OPERATING BUDGETS; THE ISSUANCE OR ASSUMPTION OF ANY INDEBTEDNESS IN EXCESS OF FIFTY THOUSAND DOLLARS ($50,000) BY THE CORPORATION; THE EXECUTION OF ANY CONTRACT PROVIDING FOR THE MANAGEMENT OF THE CORPORATION; AND ANY MATERIAL CHANGE TO THE BUSINESS OR PROGRAMS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WILL BE CONDUCTED BY THE GOVERNING BOARD IN ADVANCE OF FILING THE FORM 990. ALL 990'S ARE MADE AVAILABLE TO THE BOARD AFTER FILING. HOWEVER, THE FINAL FORM 990 IS REVIEWED IN DETAIL FOR ACCURACY AND SIGNED BY THE CHIEF FINANCIAL OFFICER OF LIBERTY LUTHERAN SERVICES (PARENT ORGANIZATION). FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD AND SENIOR LEVEL STAFF. THEY ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE. THE CORPORATE COMPLIANCE OFFICER REVIEWS ALL POTENTIAL STAFF CONFLICTS. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL BOARD CONFLICTS. WHEN A CONFLICT OF INTEREST ARISES, THE BOARD SHALL PERMIT THE INTERESTED PERSON TO MAKE A PRESENTATION AT THE BOARD MEETING AND AFTER THE PRESENTATION, THE INTERESTED PERSON LEAVES AND THE BOARD VOTES ON AN ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. IF APPROPRIATE, A NON-INTERESTED PERSON OR COMMITTEE INVESTIGATES ALTERNATIVES TO THE PROPOSED ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD WILL DETERMINE IF A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS ARRANGEMENT IS NOT ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD WILL DETERMINE BY MAJORITY VOTE THAT THE ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS BENEFIT, AND/OR IF IT IS REASONABLE AND FAIR TO THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE APPROVES THE ANNUAL REVIEW AND COMPENSATION OF THE CEO. THE CFO, COO EXECUTIVE DIRECTORS, AND OTHER KEY EMPLOYEES ARE REVIEWED ANNUALLY BY THE CEO, WITH COMPARABLE SALARY SURVEYS. 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. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 320,029. MANAGEMENT AND GENERAL EXPENSES 1,044,550. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,364,579. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION 118,367. CHANGE IN OBLIGATION TO PROVIDE FUTURE SERVICES 500,000. BAD DEBT EXPENSE -28,765. LIBERTY LUTHERAN SERVICES 7002 BUTLER PIKE AMBLER PA 19002 233059658 TO PROVIDE TAX EXEMPT SUBSIDIARIES WITH MANAGEMENT & ADMINISTRATIVE SERVICES PA 501(C)(3) LINE 1 N/A 0 LIBERTY LUTHERAN FOUNDATION 7002 BUTLER PIKE AMBLER PA 19002 232665839 TO IMPLEMENT AND ADMINISTER FUNDRAISING ACTIVITY FOR AFFILIATES PA 501(C)(3) LINE 12A, I LIBERTY LUTHERAN SERVICES 1 LUTHERAN CHILDREN & FAMILY SERVICES OF EASTERN PENNSYLVANIA 7002 BUTLER PIKE AMBLER PA 19002 231696007 TO PROVIDE SERVICES TO SENIORS THROUGH PROGRAMS PA 501(C)(3) LINE 7 LIBERTY LUTHERAN SERVICES 1 MARY J DREXEL HOME 238 BELMONT AVENUE BALA CYNWYD PA 19004 230536370 ASST. LIVING, TO PROVIDE HOUSING, ASST. LIVING & OTHER RELATED SERVICES PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 ARTMAN LUTHERAN HOME 250 N BETHLEHEM PIKE AMBLER PA 19002 231401548 CCRC, PROVIDING NURSING & OTHER RELATED SERVICES TO SENIORS PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 LUTHERAN CONGREGATIONAL SERVICES 7002 BUTLER PIKE AMBLER PA 19002 231894019 TO PROVIDE DISASTER RESPONSE AND COMMUNITY OUTREACH PA 501(C)(3) LINE 7 LIBERTY LUTHERAN SERVICES 1 LIBERTY VILLAGE 7002 BUTLER PIKE AMBLER PA 19002 472776767 CCRC, PROVIDING NURSING & OTHER RELATED SERVICES TO SENIORS PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 PAUL'S RUN 9896 BUSTLETON AVENUE PHILADELPHIA PA 19115 232053395 CCRC, PROVIDE HOUSING, NURSING & OTHER RELATED SERVICES TO SENIORS PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 LIBERTY COMMUNITY SERVICES 7002 BUTLER PIKE AMBLER PA 19002 203630505 TO PROVIDE VARIOUS SERVICES TO SENIORS IN THEIR HOMES PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1