2020-08-10T10:01:27-05:00 2019-09-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2018-10-01 540623670 GOODWIN HOUSE INCORPORATED GOOD 7035781000 4800 FILLMORE AVENUE ALEXANDRIA VA 22311 RICHARD T CARTER CFO 7038241355 2020-08-05 1 BERNADETTE O'TOOLE CPA P00229258 2156433900 2020-08-05 67.137.57.251 2020-08-05 10:45:57 ED P 54D8D927FE1959EFDE9C130AEE0794B2E6AD1686 33606F56446349C6F3CC8EC282D83D2A1BEEB1C8 2018 2020-09-22 18:59:49Z ROBERT A LIEBREICH 4800 FILLMORE AVENUE ALEXANDRIA VA 22311 93606260 0 X WWW.GOODWINHOUSE.ORG X 1955 VA TO PROVIDE EXEMPLARY SERVICES, BOTH RESIDENTIAL AND HEALTHCARE, TO OLDER ADULTS OF DIVERSE FAITHS THROUGH THE ESTABLISHMENT AND OPERATION OF CONTINUING CARE RETIREMENT COMMUNITIES IN THE NORTHERN VIRGINIA REGION AND TO BROADEN AND EXTEND THE ORGANIZATION'S CHARITABLE PURPOSE BY COORDINATING AND OVERSEEING ACTIVITIES OF ITS AFFILIATED CHARITABLE ORGANIZATIONS. 15 15 1119 497 0 0 814414 862954 79614290 87107188 4910577 5583540 19833 30280 85359114 93583962 0 0 0 0 42258469 44992495 0 0 0 40970786 43533470 83229255 88525965 2129859 5057997 424367752 424363325 380849372 378139148 43518380 46224177 X THE MISSION OF GOODWIN HOUSE INCORPORATED ("GHI") IS TO SUPPORT, HONOR AND UPLIFT THE LIVES OF OLDER ADULTS AND THE PEOPLE WHO CARE FOR THEM THROUGH A FAITH-BASED, NONPROFIT ORGANIZATION AFFILIATED WITH THE EPISCOPAL CHURCH. 0 0 79455754 0 86271606 THE PRIMARY EXEMPT PURPOSE OF GHI IS ACHIEVED THROUGH THE PROVISION OF A CONTINUUM OF CARE AND SERVICE FOR OLDER ADULTS AT TWO CONTINUING CARE RETIREMENT COMMUNITIES (CCRCS) -- GOODWIN HOUSE ALEXANDRIA IN ALEXANDRIA, VIRGINIA, AND GOODWIN HOUSE BAILEY'S CROSSROADS IN FALLS CHURCH, VIRGINIA. A CONTINUING CARE RETIREMENT COMMUNITY PROVIDES LIFE-LONG CARE IN A CONTINUUM OF HOUSING, SERVICES, AND HEALTH CARE TO OLDER ADULTS. IN FISCAL YEAR 2019, GHI SERVED MORE THAN 1,134 OLDER ADULTS RANGING FROM 66 TO 103 YEARS OF AGE. (SEE SCHEDULE O)THE CCRC CONTINUUM IS PROVIDED AT GOODWIN HOUSE ALEXANDRIA AND GOODWIN HOUSE BAILEY'S CROSSROADS THROUGH RESIDENTIAL LIVING (595 APARTMENTS), ASSISTED LIVING (95 APARTMENTS), MEMORY SUPPORT HOUSEHOLDS FOR RESIDENTS WITH DEMENTIA AND ALZHEIMER'S DISEASE (26 DWELLINGS), AND NURSING AND REHABILITATIVE CARE (149 PERSON CAPACITY). CONSTRUCTION OF A FIVE-STORY HEALTH CARE CENTER WAS COMPLETED IN EARLY JUNE 2017. GOODWIN HOUSE ALEXANDRIA'S EXISTING SKILLED NURSING AND MEMORY CARE COMPONENTS WERE RELOCATED INTO THE NEW FACILITY WITH ALL PRIVATE ROOMS OPERATING IN A SMALL HOUSE MODEL. THE CCRC CONTINUUM IS ALSO PROVIDED TO OLDER PERSONS LIVING IN THEIR OWN HOMES OUTSIDE OF GOODWIN HOUSE CCRCS BY A NEW PROGRAM LAUNCHED BY GHI IN OCTOBER 2014 CALLED GOODWIN HOUSE AT HOME. THE PURPOSE OF GOODWIN HOUSE AT HOME IS TO HONOR THE CHOICE OF OLDER ADULTS TO REMAIN IN THEIR OWN HOMES, WHILE PROVIDING SUPPORT FOR THEM TO AGE IN THE PLACE AND WAY THEY CHOOSE. AT THE CLOSE OF FISCAL YEAR 2019, GOODWIN HOUSE AT HOME HAD 139 MEMBERS.GHI CELEBRATED ITS 64ST ANNIVERSARY AS A NON-PROFIT CORPORATION IN FISCAL YEAR 2019. GOODWIN HOUSE ALEXANDRIA HAS BEEN IN SERVICE TO OLDER ADULTS FOR 52 YEARS AND GOODWIN HOUSE BAILEY'S CROSSROADS FOR 32 YEARS. BOTH COMMUNITIES HAVE ACHIEVED FULL FIVE-YEAR RE-ACCREDITATION BY CCAC-CARF, THE CONTINUING CARE ACCREDITATION COMMISSION-COMMISSION ON ACCREDITATION OF REHABILITATION FACILITIES, A NATIONALLY RECOGNIZED ACCREDITATION BODY. GHI AND ITS SUBSIDIARY CORPORATIONS ARE EACH GOVERNED BY A VOLUNTEER, COMMUNITY-BASED BOARD OF TRUSTEES OR BOARD OF DIRECTORS.GOODWIN HOUSE HOME CARE PROVIDES COMPANION AND LIVING SUPPORT SERVICES TAILORED TO MEET RESIDENT NEEDS. ELDER CARE MANAGEMENT, PERSONAL CARE, LAUNDRY, PERSONAL ESCORTS TO APPOINTMENTS, COMPANION SERVICES, SHOPPING, AND SOCIALIZATION ARE SOME OF THE SERVICES FROM THE GOODWIN HOUSE HOME CARE TEAM. APPROXIMATELY 155,574 HOURS OF SERVICE WERE PROVIDED IN FISCAL YEAR 2019 BY 53 FULL-TIME AND 4 PART-TIME CERTIFIED NURSING ASSISTANTS. GOODWIN HOUSE PALLIATIVE CARE AND HOSPICE PROVIDES COMPASSIONATE AND PALLIATIVE CARE TO RESIDENTS AND EMOTIONAL SUPPORT TO THEIR FAMILIES, WITH A MISSION OF ASSURING THAT DEATH OCCURS PAIN-FREE AND WITH DIGNITY, AND THAT THE FAMILIES OF HOSPICE RESIDENTS ARE SUPPORTED DURING AND AFTER THE DEATH OF THEIR LOVED ONES. GOODWIN HOUSE PALLIATIVE CARE AND HOSPICE PROVIDED 25,620 HOSPICE SERVICE DAYS TO 235 RESIDENTS IN FISCAL YEAR 2019. GOODWIN HOUSE PALLIATIVE CARE AND HOSPICE HAS PROVIDED HOSPICE SERVICE TO 1,476 RESIDENTS IN 21 YEARS OF SERVICE. GOODWIN HOUSE COMMUNITY SERVICES: GHI SERVES AN ADDITIONAL 184 OLDER ADULTS THROUGH GOODWIN HOUSE COMMUNITY SERVICES, A SUBSIDIARY CORPORATION WHICH PROVIDES MANAGEMENT SERVICES TO A SISTER NON-PROFIT CORPORATION THAT PROVIDES HOUSING TO LOW AND MODERATE INCOME SENIORS IN NORTHERN VIRGINIA. GHI PROVIDES SUPPORT TO THE MANAGEMENT TEAM AND BOARD IN THE AREAS OF FINANCIAL OVERSIGHT, BOOKKEEPING AND PAYROLL, FINANCIAL REPORTING, RESIDENT SERVICES, HUMAN RESOURCE MANAGEMENT, FACILITY MANAGEMENT, AND STRATEGIC PLANNING. GHI EXTENDS ITS CHARITABLE PURPOSE THROUGH ITS NATIONALLY ACCREDITED CLINICAL PASTORAL EDUCATION PROGRAM, WHICH IN 22 YEARS HAS TRAINED MORE THAN 308 STUDENTS FROM ACROSS THE U.S. AND OVERSEAS IN PASTORAL CARE WITH OLDER ADULTS, AND SERVES AS A TRAINING PROGRAM FOR STUDENTS FROM A VARIETY OF REGIONAL THEOLOGICAL SEMINARIES. GHI IS ONE OF A SMALL NUMBER OF CONTINUING CARE RETIREMENT COMMUNITIES TO OFFER A FULLY ACCREDITED CLINICAL PASTORAL EDUCATION PROGRAM AND FURTHER, TO LINK THAT PROGRAM WITH ITS GOODWIN HOUSE HOSPICE PROGRAM. 79455754 1 1 0 0 0 0 0 0 1 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 436 0 1119 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RICHARD T CARTER CFO 7038241355 4800 FILLMORE AVENUE ALEXANDRIA VA 22311 MARY L HIX CHAIRPERSON 1.00 1.00 X X 0 0 0 THOMAS C WEST VICE CHAIR 1.00 1.00 X X 0 0 0 DR JANET S HANSEN TREASURER 1.00 2.00 X X 0 0 0 DAVID R CLARKE SECRETARY 1.00 0.00 X X 0 0 0 DAVID C CANFIELD TRUSTEE 1.00 1.00 X 0 0 0 DR CYRILLENE CLARK TRUSTEE 1.00 0.00 X 0 0 0 TUCKER ESKEW TRUSTEE 1.00 0.00 X 0 0 0 DEBORAH K FORBES TRUSTEE 1.00 1.00 X 0 0 0 LISA GIESLER TRUSTEE 1.00 0.00 X 0 0 0 KATIE HORTON TRUSTEE 1.00 1.00 X 0 0 0 TAMMY MANN TRUSTEE 1.00 0.00 X 0 0 0 TOM REGNELL TRUSTEE 1.00 1.00 X 0 0 0 CHARLES J SMITH TRUSTEE 1.00 0.00 X 0 0 0 DR ANTHONY J TAMBASCO TRUSTEE 1.00 1.00 X 0 0 0 JOHN M WEAVER TRUSTEE 1.00 1.00 X 0 0 0 DONALD R CALLOWAY TRUSTEE-TERM ENDED DEC 2018 1.00 0.00 X 0 0 0 MARTHA WILCOX TRUSTEE-TERM ENDED DEC 2018 1.00 0.00 X 0 0 0 ROBERT A LIEBREICH PRESIDENT-AS OF JUL 2019 36.00 4.00 X 0 0 0 KATHLEEN S ANDERSON PRESIDENT-ENDING JUN 2019 36.00 4.00 X 513551 0 108710 RICHARD T CARTER TREASURER 36.00 4.00 X 311902 0 40575 HOLLY HANISIAN ASST SEC/DIR OR CORPORATE ADMIN 38.00 2.00 X 110581 0 14946 W JEAN HIGGINS ASST SEC/CONTROLLER-ENDING SEP 2019 39.00 1.00 X 164577 0 19173 LINDSAY HUTTER CHIEF MARKETING & STRATEGY OFFICER 40.00 0.00 X 332932 0 31968 FRAN CASEY CHIEF TALENT OFFICER 40.00 0.00 X 218903 0 23786 BARBARA D'AGOSTINO EXECUTIVE DIRECTOR-GHA 40.00 0.00 X 200704 0 22248 KAREN SKEENS EXECUTIVE DIRECTOR-GHAH 40.00 0.00 X 177514 0 19570 JUSTIN CARWILE EXECUTIVE DIRECTOR-GHBC 40.00 0.00 X 163718 0 19214 LINDA LATEANA CHIEF OPERATING OFFICER 40.00 0.00 X 297496 0 29085 KAREN DOYLE ADMIN OF HEALTH SERVICES-GHBC 40.00 0.00 X 185081 0 20883 CATHERINE E FARMER DIRECTOR OF NURSING-GHA 40.00 0.00 X 184493 0 20720 JOSHUA BAGLEY GUIDE/HC ADMINISTRATOR 40.00 0.00 X 152276 0 18210 DAVID BAKER ADMINISTRATOR OF OPERATIONS 40.00 0.00 X 134906 0 17903 LYNN TENBRINK CORPORATE DIRECTOR OF SALES 40.00 0.00 X 105489 0 15309 3254123 0 422300 42 0 1 0 JAMES G DAVIS CONSTRUCTION CORPORATION 12530 PARKLAND DRIVE ROCKVILLE MD 20852 GENERAL BUILDING CONTRACTOR 4785146 FINLEY CONSTRUCTION 7050 HONEY OAKS PL TROBACCO MD 20677 GENERAL BUILDING CONTRACTOR 2394450 FLAGSHIP REHABILITATION SERVICES 175 BALTIMORE ST CUMBERLAND MD 21502 REHABILITATION SERVICES 1866849 CYPRESS CONTRACTING LLC 23465 ROCK HAVEN WAY SUITE 130 DULLES VA 20166 GENERAL BUILDING CONTRACTOR 1149924 TREADSTONE LLC 23465 ROCK HAVEN WAY SUITE 130 DULLES VA 20166 GENERAL BUILDING CONTRACTOR 785974 38 862954 862954 MONTHLY FEES 623000 45118865 45118865 HEALTH CARE SERVICES 623000 20380086 20380086 ENTRANCE FEES EARNED 623000 20251507 20251507 BEAUTY SHOP REVENUE 623000 460069 460069 RESIDENT AND OTHER SERVICES 623000 375513 375513 521148 521148 87107188 3375709 3375709 11359 11359 0 1832298 375533 0 0 1832298 375533 2207831 2207831 41219 10939 30280 30280 93583962 86271606 0 6449402 3542306 3542306 33425858 31829962 1595896 1714525 1477482 237043 3649666 3393334 256332 2660140 2374774 285366 190820 190820 81776 81776 3955215 3955215 606415 606415 1387786 1161026 226760 17641 17641 2809225 2809225 110966 79642 31324 137451 112471 24980 7238749 7238749 16491016 16491016 570826 570826 FOOD SERVICE EXPENSE 4852571 4852571 EQUIPMENT RENTAL/MAINT 2891277 1778656 1112621 PHARMACY/MED SUPPLIES 1207632 1207632 UBI TAX 7456 7456 976648 676358 300290 88525965 79455754 9070211 0 18014497 10904170 3471538 4204828 112042 142532 1090832 745085 365723713 148450453 218883137 217273260 126444913 124744518 18378374 29158901 37972419 37190031 424367752 424363325 15772169 13921889 149079299 149682527 195846430 190877910 1268634 20151474 22388188 380849372 378139148 X 43456239 46200070 62141 24107 43518380 46224177 424367752 424363325 X 5057997 975048 -3327248 X 0 1 X 1 0 X 1354234 956715 795873 814414 862954 4784190 68237318 69494470 73782545 78946647 86271606 376732586 350441 259265 671418 700635 876801 2858560 69941993 70710450 75249836 80461696 88011361 384375336 0 0 0 384375336 2139406 2220128 2444419 2875108 3387068 13066129 2139406 2220128 2444419 2875108 3387068 13066129 72081399 72930578 77694255 83336804 91398429 397441465 0.96710 0.95840 0.03290 0.03300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 3590852 3590852 333205839 124743370 208462469 28927022 23707083 5219939 217273260 CASH & CASH EQUIVALENTS 4645081 F PARTNERSHIPS 24513820 F 29158901 INVESTMENT IN AFFILIATE 22025877 DUE FROM AFFILIATES 33417 ASSETS LIMITED AS TO USE 15130737 37190031 DUE TO AFFILIATES 21806719 FAIR VALUE INTEREST RATE SWAP 371062 ASSET RETIREMENT OBLIGATION 210407 22388188 X PART IV, LINE 2B: RESERVATION DEPOSITS RECEIVED FROM PROSPECTIVE RESIDENTS ARE FULLY REFUNDABLE UNTIL THEY SIGN A RESIDENT AGREEMENT, AT WHICH TIME THE DEPOSITS ARE APPLIED TOWARD THE RESIDENTS' ENTRANCE FEES. PART X, LINE 2: GHI, GHDC, AND THE FOUNDATION ARE NONPROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ARE EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE INTERNAL REVENUE CODE. GHCS IS A FOR-PROFIT CORPORATION. THE CORPORATION FOLLOWS THE PROVISIONS OF THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON THE CORPORATION'S FINANCIAL STATEMENTS. THE CORPORATION HAS IMPLEMENTED PROCESSES TO ENSURE CORPORATE COMPLIANCE WITH THE INTERNAL REVENUE SERVICE INTERMEDIATE SANCTIONS PROVISION. THESE PROCESSES INCLUDE RETENTION BY THE BOARD OF TRUSTEES OF AN UNBIASED THIRD PARTY CONSULTANT TO REVIEW EXECUTIVE COMPENSATION PRACTICES, ANNUAL REVIEW BY THE BOARD COMPENSATION COMMITTEE OF EXECUTIVE TEAM COMPENSATION, AND ANNUAL REVIEW BY THE BOARD OF TRUSTEES OF THE PERFORMANCE AND COMPENSATION OF THE CORPORATION'S PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE BOARD ENGAGES IN PERIODIC CORPORATE COMPLIANCE EDUCATION, HAS ADOPTED AND REVIEWS AT LEAST ANNUALLY A WRITTEN CORPORATE COMPLIANCE PROGRAM AND CODE OF CONDUCT, AND HAS A DETAILED CONFLICT OF INTEREST POLICY. X X X X X 0 1 0 1 0 0 0 0 0 KATHLEEN S ANDERSON PRESIDENT-ENDING JUN 2019 393197 0 101854 0 18500 0 94524 0 14186 0 622261 0 0 0 RICHARD T CARTER TREASURER 278090 0 23812 0 10000 0 31466 0 9109 0 352477 0 11957 0 W JEAN HIGGINS ASST SEC/CONTROLLER-ENDING SEP 2019 150409 0 14168 0 0 0 11520 0 7653 0 183750 0 0 0 LINDSAY HUTTER CHIEF MARKETING & STRATEGY OFFICER 277370 0 46823 0 8739 0 22693 0 9275 0 364900 0 0 0 FRAN CASEY CHIEF TALENT OFFICER 202472 0 16431 0 0 0 15323 0 8463 0 242689 0 0 0 BARBARA D'AGOSTINO EXECUTIVE DIRECTOR-GHA 200704 0 0 0 0 0 14049 0 8199 0 222952 0 0 0 KAREN SKEENS EXECUTIVE DIRECTOR-GHAH 144014 0 23500 0 10000 0 11726 0 7844 0 197084 0 0 0 JUSTIN CARWILE EXECUTIVE DIRECTOR-GHBC 158718 0 5000 0 0 0 11460 0 7754 0 182932 0 0 0 LINDA LATEANA CHIEF OPERATING OFFICER 264876 0 22620 0 10000 0 20125 0 8960 0 326581 0 0 0 KAREN DOYLE ADMIN OF HEALTH SERVICES-GHBC 163522 0 21559 0 0 0 12956 0 7927 0 205964 0 0 0 CATHERINE E FARMER DIRECTOR OF NURSING-GHA 168493 0 16000 0 0 0 12915 0 7805 0 205213 0 0 0 JOSHUA BAGLEY GUIDE/HC ADMINISTRATOR 142276 0 10000 0 0 0 10659 0 7551 0 170486 0 0 0 DAVID BAKER ADMINISTRATOR OF OPERATIONS 134906 0 0 0 0 0 9443 0 8460 0 152809 0 0 0 PART I, LINE 4B DEFERRALS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019: KATHLEEN S. ANDERSON - $67,000 RICHARD T. CARTER - $12,000 DISTRIBUTIONS FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2019: RICHARD T. CARTER - $11,957 PART I, LINE 5 THE ORGANIZATION HAS IN PLACE A SUPPLEMENTAL COMPENSATION PLAN FOR ITS EXECUTIVE LEADERSHIP TEAM. AWARDS MADE UNDER THIS PLAN ARE BASED ON THE ATTAINMENT OF A NUMBER OF ORGANIZATIONAL GOALS, BOTH QUANTITATIVE AND QUALITATIVE. AMONG THESE GOALS ARE FINANCIAL TARGETS RELATED TO THE ACHIEVEMENT OF PLANNED LEVELS OF MANAGEMENT-CONTROLLABLE REVENUES AND EXPENSES. A ALEXANDRIA INDUSTRIAL DEVELOPMENT AUTHORITY 521381432 015317AP5 2015-05-21 72835086 REFINANCE OF OLD DEBT FOR CONSTRUCTION AND RENOVATION AT GHA 0 0 0 B FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY 911910090 303826AS0 2016-09-28 133231887 REFINANCE OF OLD DEBT FOR CONSTRUCTION AND RENOVATION AT GHBC 0 0 0 A 7169146 73054146 4280933 1456702 43229420 24127921 2017 1 0 0 1 B 17012491 133323373 1444815 131787072 0 1 1 1 A 0 1 0 0 0.00730 0.00730 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 1 SUNTRUST BANK 12.000000000000 1 0 0 0 1 A 1 B 1 SCHEDULE K, PART II, LINE 3(A) AND (B) THE DIFFERENCE BETWEEN THE ISSUE PRICE AND TOTAL PROCEEDS REPRESENTS AMOUNTS ACCRUED UP TO THE DATE OF COMPLETION OF THE PROJECT FUNDED BY THE BOND. FORM 990, PART VI, SECTION A, LINE 4 IN MARCH 2019, THE GOODWIN HOUSE BOARD OF TRUSTEES MADE CHANGES TO ITS BYLAWS: 1) THE MINIMUM NUMBER OF DIRECTORS DECREASED FROM 13 TO 11. 2) THE BOARD MUST HAVE AT LEAST ONE MEMBER WHO IS ALSO A MEMBER OF THE EPISCOPAL CHURCH; OTHERWISE, THERE IS NO MINIMUM EPISCOPAL CHURCH MEMBERSHIP REQUIREMENT FORM 990, PART VI, SECTION B, LINE 11B THE JOINT AUDIT COMMITTEE, A STANDING COMMITTEE OF THE BOARD OF TRUSTEES, COMPLETES A COMPREHENSIVE AND INTERACTIVE REVIEW OF THE FINAL DRAFT FORM 990 AFTER THE FORM 990 HAS BEEN REVIEWED BY MANAGEMENT. SUBSEQUENT TO REVIEW BY THE JOINT AUDIT COMMITTEE AND PRIOR TO FILING, THE FORM 990 IS DISTRIBUTED ELECTRONICALLY TO ALL MEMBERS OF THE GOVERNING BOARD FOR THEIR REVIEW AND COMMENT. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND CODE OF CONDUCT ARE INCLUDED IN ITS WRITTEN CORPORATE COMPLIANCE POLICY. ALL MEMBERS OF THE GOVERNING BODY AND ALL MEMBERS OF STAFF ARE EXPECTED TO KNOW AND ABIDE BY THE CORPORATE COMPLIANCE POLICY. EACH MEMBER OF THE GOVERNING BODY AND EACH MEMBER OF THE EXECUTIVE TEAM COMPLETES AN ANNUAL CONFLICT OF INTEREST STATEMENT. SHOULD A POTENTIAL CONFLICT EXIST WITH AN ENTITY WITH WHICH THE ORGANIZATION IS NOT CURRENTLY DOING BUSINESS, THE PERSON WITH THE CONFLICT WOULD BE EXPECTED TO DISCLOSE IT PRIOR TO ANY PROPOSED TRANSACTIONS, AND TO ABSENT HIM/HERSELF FROM DISCUSSION AND FROM VOTING ON SUCH PROPOSED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES AN INDEPENDENT COMPENSATION CONSULTANT, COMPARATIVE COMPENSATION STUDIES, AND THE FORM 990 OF OTHER ORGANIZATIONS TO ESTABLISH COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS AN ANNUAL REVIEW OF THE PERFORMANCE AND COMPENSATION OF THE PRESIDENT AND CEO; RESULTS OF THE PERFORMANCE REVIEW AND WAGE ANALYSIS ARE SHARED WITH THE FULL BOARD, AND THE BOARD OF TRUSTEES ESTABLISHES THE COMPENSATION OF THE PRESIDENT AND CEO BASED ON THE DATA PRESENTED. ANNUALLY, THE CEO ENGAGES AN OUTSIDE CONSULTANT TO EVALUATE THE WAGES OF THE CFO, EXECUTIVE DIRECTORS, CHIEF TALENT OFFICER, AND CHIEF MARKETING & STRATEGY OFFICER. THE EXECUTIVE COMMITTEE APPROVES SIGNIFICANT CHANGES IN EXECUTIVE COMPENSATION. THE LAST REVIEW OF EXECUTIVE COMPENSATION WAS IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AND FILES ITS FINANCIAL STATEMENTS QUARTERLY ON THE EMMA (ELECTRONIC MUNICIPAL MARKET ACCESS) WEBSITE. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -3,327,248. GOODWIN HOUSE FOUNDATION 4800 FILLMORE AVENUE ALEXANDRIA VA 22311 541549749 TO BENEFIT, SUPPORT AND FOSTER THE OPERATIONS OF GOODWIN HOUSE INCORPORATED VA 501(C)(3) LINE 12B, II GOODWIN HOUSE INCORPORATED 1 GOODWIN HOUSE DEVELOPMENT CORPORATION 4800 FILLMORE AVENUE ALEXANDRIA VA 22311 020595161 DEVELOPMENT OF SENIOR LIVING COMMUNITIES & RELATED BUSINESSES VA 501(C)(3) LINE 12B, II GOODWIN HOUSE INCORPORATED 1 GOODWIN HOUSE COMMUNITY SERVICES 4800 FILLMORE AVENUE ALEXANDRIA VA 22311 542005465 MGMT SERVICES TO A NON-PROFIT RETIREMENT COMMUNITY VA GHI C 1.00000 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 GOODWIN HOUSE FOUNDATION C 862954 FMV GOODWIN HOUSE DEVELOPMENT CORPORATION B 2021762 FMV