2019-11-08T10:46:28-06:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2018-07-01 020400703 THE RIVERWOODS COMPANY AT EXETER NEW HAMPSHIRE RIVE 6037784700 5 WHITE OAK DRIVE EXETER NH 03833 KEVIN GOYETTE CFO OF TRWG 6037724700 2019-11-07 1 SETH BRODY CPA P01586423 2156433900 67.137.57.251 2019-11-07 19:39:19 ES P 7F0C7E16D6C643755E980097E2E998FDCB8BA366 54D8D927FE1959EFDE9C130AEE0794B2E6AD1686 2018 2020-03-31 21:24:44Z DEB RIDDELL 5 WHITE OAK DRIVE EXETER NH 03833 90964660 0 X WWW.RIVERWOODSRC.ORG X 1983 NH TO ESTABLISH, OWN, AND MAINTAIN CHARITABLE CONTINUING CARE RETIREMENT COMMUNITIES FOR THE ELDERLY 12 10 757 321 0 0 610846 506887 35367006 35872160 3886540 7805423 289316 577696 40153708 44762166 182066 395165 0 0 20388459 20972250 0 0 0 18989780 20703106 39560305 42070521 593403 2691645 187009492 191039747 253634790 258148166 -66625298 -67108419 X TO ESTABLISH, OWN, AND MAINTAIN CHARITABLE CONTINUING CARE RETIREMENT COMMUNITIES WHICH PROVIDE HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, SECURITY, AND OTHER ANCILLARY SERVICES TO ELDERLY PERSONS. 0 0 28860791 395165 35872160 THE RIVERWOODS COMPANY AT EXETER NEW HAMPHSHIRE (RWE) HAS ONE PRIMARY PROGRAM SERVICE, TO ESTABLISH, OWN AND MAINTAIN A CONTINUING CARE RETIREMENT COMMUNITY WHICH PROVIDES HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, SECURITY AND OTHER ANCILLARY SERVICES TO ELDERLY PERSONS. ON JUNE 30, 2019 THE COMMUNITY HOUSED APPROXIMATELY 481 RESIDENTS IN INDEPENDENT APARTMENTS AND 125 RESIDENTS IN THE HEALTH CARE CENTERS. OVER THE COURSE OF THE YEAR THE HEALTH CARE CENTERS SERVED APPROXIMATELY 205 RESIDENTS ON A PERMANENT, TEMPORARY, OR PER DIEM BASIS AT A SUBSTANTIALLY DISCOUNTED RATE. THE "CONTRACTUAL ALLOWANCE" (I.E. WRITE-OFF) RELATED TO CARE PROVIDED FOR LIFECARE RESIDENTS WAS IN EXCESS OF $14,700,000 FOR THE FISCAL YEAR ENDED JUNE 30, 2019 (FY19). THIS IS AN AVERAGE DISCOUNT OF 76% VERSUS THE STANDARD MONTHLY PRIVATE PAY RATE IN AREA NURSING HOMES AND ASSISTED LIVING FACILITIES. RIVERWOODS ALSO PROVIDED BENEVOLENCE ASSISTANCE FOR ITS RESIDENTS WHO, THROUGH NO FAULT OF THEIR OWN, HAVE EXHAUSTED THEIR FINANCIAL RESOURCES. FOR FY19, RIVERWOODS PROVIDED FINANCIAL ASSISTANCE TO A TOTAL OF FIVE RESIDENTS IN THE AMOUNT OF $192,165. 28860791 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 1 189 0 757 1 0 0 0 0 0 0 0 0 0 1 0 0 0 X 12 10 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X SUSANNE ANZALONE 6036583007 5 WHITE OAK DRIVE EXETER NH 03833 DENISE BURKE TRUSTEE 1.00 0.00 X 0 0 0 DAN CHARTRAND TRUSTEE 1.00 0.00 X 0 0 0 SUSAN DESJARDINS TRUSTEE 1.00 0.00 X 0 0 0 MIKE HICKEY TRUSTEE 1.00 0.00 X 0 0 0 ROSS GITTELL TRUSTEE-LEFT MAR 2019 1.00 X 0 0 0 ERIC ROBB TRUSTEE-LEFT JUNE 2019 1.00 X 0 0 0 NATE TENNANT TRUSTEE-LEFT JUNE 2019 1.00 X 0 0 0 BRIAN F WALSH TRUSTEE-LEFT JULY 2018 1.00 X 0 0 0 SARAH DONNELLY RESIDENT TRUSTEE 1.00 0.00 X 0 0 0 JACK DUNN RESIDENT TRUSTEE 1.00 0.00 X 0 0 0 HOWIE ULFELDER RESIDENT TRUSTEE 1.00 0.00 X 0 0 0 JUSTINE VOGEL RWE EX-OFFICIO/TRWG CEO 3.00 37.00 X 0 392637 43947 TAMMY MICHAUD CLERK 1.00 0.00 X X 0 0 0 CATHY TROWER CHAIR 1.00 0.00 X X 0 0 0 DAVE BROWNELL VICE CHAIR 1.00 0.00 X X 0 0 0 BRUCE MAST CHAIR-LEFT JUNE 2019 1.00 X X 0 0 0 DIANNE MERCIER TREASURER-LEFT JUNE 2019 1.00 2.00 X X 0 0 0 DEB RIDDELL EXECUTIVE DIRECTOR/EX-OFFICIO 40.00 0.00 X X 213035 0 39199 SUZY ANZALONE DIRECTOR OF FINANCE 40.00 0.00 X 120147 0 40833 CYNTHIA MARTIN VP OF HEALTHCARE 40.00 0.00 X 171683 0 15458 MARY FLANAGAN NURSE PRACTITIONER 40.00 0.00 X 141682 0 49060 CHARLES KELSEY VP OF RESIDENT LIFE-LEFT DEC 2018 40.00 0.00 X 172336 0 1638 MARY RULISON SALES COUNSELOR 40.00 0.00 X 145006 0 18057 DIANE SMITH SALES COUNSELOR 40.00 0.00 X 132306 0 2623 1096195 392637 210815 15 0 1 0 THE RIVERWOODS GROUP 5 WHITE OAK DRIVE EXETER NH 03833 MANAGEMENT SERVICES 1585000 SULLIVAN CONSTRUCTION 258 SOUTH RIVER ROAD BEDFORD NH 03110 CONTRACTOR 1194831 MORRIS PIGEON 273 LITTLEWORTH ROAD MADBURY NH 03823 CONTRACTOR 1052836 SELECT REHABILITATION INC PO BOX 71985 CHICAGO IL 60694 THERAPY SERVICES 557543 PROVINET SOLUTIONS 18645 W CREEK DRIVE TINLEY PARK IL 60477 IT CONSULTING 320674 15 108325 398562 61757 506887 RESIDENT SERVICE FEES 623000 25151591 25151591 HEALTH CENTER FEES 623000 7650284 7650284 EARNED ENTRANCE FEES 623000 3070285 3070285 35872160 3045550 3045550 50865710 5200 46111037 0 4754673 5200 4759873 4759873 135744 108325 91457 44287 44287 ANCILLARY RESIDENT SERVICES 812900 533409 533409 533409 44762166 35872160 0 8383119 165000 165000 230165 230165 433380 131915 301465 16604059 13953257 2650802 206083 169621 36462 2513833 2051781 462052 1214895 971916 242979 1127482 1127482 51714 51714 46496 46496 375996 375996 1025295 632073 393222 246538 196270 50268 852703 710455 142248 838928 137949 700979 3586826 3586826 94862 45189 49673 1703819 1448246 255573 6537278 5240139 1297139 424481 3583 420898 RAW FOOD 1489991 1352191 137800 REPAIRS AND MAINTENANCE 1186524 914901 271623 OTHER EMPLOYEE EXPENSES 534593 275653 258940 RESIDENT ACTIVITIES 217722 198062 19660 361858 32425 329433 42070521 28860791 13209730 0 4864398 7694729 1036142 1063489 789372 818298 12100000 12100000 218382 249512 851368 756162 187014044 87884473 98023484 99129571 63106294 64513015 6020052 4714971 187009492 191039747 2601398 2615899 194802198 200716197 56520000 54660000 -288806 156070 253634790 258148166 X -67706404 -68326398 469902 461245 611204 756734 -66625298 -67108419 187009492 191039747 X 2691645 -2491504 -683262 X 0 1 X 1 0 X 464922 365876 389335 610846 378972 2209951 32895776 33425870 34957150 35367006 35872160 172517962 48553 317049 289316 533409 1188327 33409251 33791746 35663534 36267168 36784541 175916240 198020 198020 0 198020 198020 175718220 1772925 1756542 1634222 2062957 3045550 10272196 1772925 1756542 1634222 2062957 3045550 10272196 35182176 35548288 37297756 38330125 39830091 186188436 0.94380 0.95020 0.05520 0.04870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 598877 20350 39351 5149 653429 544928 6673 52167 4891 598877 470106 15341 63762 4281 544928 459683 11510 3261 4348 470106 446274 5975 12204 4770 459683 0.00000 1.00000 0.00000 0 0 6691079 6691079 168535434 79666450 88868984 11787531 8218023 3569508 99129571 TAX-EXEMPT BOND DEFERRED FINANCING COSTS -233161 OBLIGATION UNDER INTEREST RATE SWAP AGREEMENT, NET 389231 156070 X PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED IN 2006 TO PROVIDE LONG-TERM ASSET GROWTH, DUE TO THE CONSTRAINT THAT ONLY INVESTMENT EARNINGS CAN BE UTILIZED. IT SHOULD BE ABLE TO PROVIDE FUTURE LIQUIDITY FOR ONE-TIME BUDGET SHORTFALLS AND NON-RECURRING EXPENSES WHEN NEEDED. PART X, LINE 2: RIVERWOODS IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN 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 ORGANIZATION 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 COMPANY'S FINANCIAL STATEMENTS. GALA 244069 108325 135744 53457 2002 20640 15358 244069 108325 135744 53457 2002 20640 15358 91457 44287 1 SEACOAST FAMILY PROMISE (SFP) 27 HAMPTON ROAD EXETER NH 03833 020529881 501(C)(3) 165000 TO SUPPORT THE ORGANIZATION'S MISSION 1 0 SCHOLARSHIPS 10 38000 MONTHLY FEE BENEVOLENCE ASSISTANCE 5 192165 PART I, LINE 2: RWE HAS TWO SCHOLARSHIP FUNDS WHICH WERE INITIALLY ESTABLISHED BY RESIDENTS AND THE FAMILY OF A DECEASED RESIDENT. THE SPENCER SCHOLARSHIP FUND ASSISTS EMPLOYEES WHO ARE PURSUING A CAREER IN NURSING AND THE PEABODY SCHOLARSHIP FUND PROVIDES FUNDS FOR CHILDREN OF RWE EMPLOYEES WHO WISH TO PURSUE A POST HIGH SCHOOL EDUCATION. EACH OF THESE FUNDS IS SEPARATELY ACCOUNTED FOR AS A RESTRICTED FUND, AND THE ANNUAL DISBURSEMENTS FOR SCHOLARSHIPS IS LIMITED TO 5% OF THE ACCOUNTS' MARKET VALUE AS OF A CERTAIN DATE. THE RESIDENT CHARITABLE FUNDS COMMITTEE HAS ESTABLISHED AN ADDITIONAL SCHOLARSHIP PROGRAM USING FUNDS FROM RWE UNRESTRICTED GIFT FUND. THE SCHOLARSHIPS ARE FOR FIRST-YEAR NURSING STUDENTS AT A LOCAL COMMUNITY COLLEGE. THE DISBURSEMENTS ARE LIMITED TO 1% OF THE VALUE OF THIS FUND AS OF A CERTAIN DATE. WHEN SCHOLARSHIPS ARE AWARDED, THE CHECKS ARE MADE PAYABLE TO THE COLLEGE OR UNIVERSITY FOR THE BENEFIT OF THE STUDENT. THE CHECKS ARE MAILED DIRECTLY BY RWE TO THE INSTITUTION WHICH ENSURES THE FUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE. BENEVOLENCE ASSISTANCE IS PROVIDED EACH MONTH TO RESIDENTS CURRENTLY RECEIVING BENEVOLENCE BENEFITS VIA A CREDIT ON THEIR MONTHLY BILLING STATEMENT. PRIOR TO MOVING MONIES FROM THE BENEVOLENT FUND TO THE OPERATING ACCOUNT, A DETAILED LIST OF FINANCIAL ASSISTANCE AMOUNTS IS PROVIDED TO THE CFO OF TRWG FOR REVIEW AND SIGN OFF. ON AT LEAST AN ANNUAL BASIS A BENEVOLENT FUND TRACKER IS PROVIDED TO THE BOARD FINANCE COMMITTEE. EVERY TWO YEARS, RWE HOLDS A FUNDRAISER FOR ANOTHER LOCAL NONPROFIT. ALL EVENT PROCEEDS GO TO THE DESIGNATED CHARITY IN THE FORM OF A CHECK. PRIOR TO EACH EVENT, A COMMITTEE OF RIVERWOODS RESIDENTS AND STAFF TOGETHER REVIEW APPLICATIONS FROM INTERESTED RECIPIENTS AND CHOOSE THE ORGANIZATION THAT IS MOST COMPATIBLE WITH RIVERWOODS' MISSION. ONCE THE PARTNERSHIP IS FORMED, RIVERWOODS AND THE ORGANIZATION HOLD SEVERAL STAFF AND RESIDENT EVENTS LEADING UP TO THE NEXT GALA. RIVERWOODS STRONGLY BELIEVES IN CREATING A PARTNERSHIP WITH THE BENEFICIARY THAT WILL LAST BEYOND THE GALA EVENT. AGENCIES ARE SELECTED ON A VARIETY OF FACTORS SUCH AS HOW WELL THEIR MISSION SUITS THE THEME AND THEIR ABILITY TO PARTNER AND PLAN FOR THE GALA. SELECTION CRITERIA INCLUDE THAT THE AGENCY: -BE COMMITTED TO THE GOAL OF FAMILY HEALTH AND WELL BEING -BE A MEMBER OF THE LARGER EXETER COMMUNITY -PROVIDE POSITIVE VALUE IN HUMAN SERVICES AND MUST BE A 501(C)(3) IN ADDITION TO THE GALA AUCTION, RIVERWOODS ACTIVELY COLLABORATES WITH THE SELECTED ORGANIZATION THROUGHOUT THE DURATION OF THEIR PARTNERSHIP. RIVERWOODS EXETER DOES NOT MONITOR THE USE OF GALA DONATIONS ONCE THEY ARE AWARDED TO THE CHOSEN NONPROFIT ORGANIZATION. X X X X X 0 0 0 0 0 0 0 0 0 JUSTINE VOGEL RWE EX-OFFICIO/TRWG CEO 0 324137 0 50000 0 18500 0 7400 0 36547 0 436584 0 0 DEB RIDDELL EXECUTIVE DIRECTOR/EX-OFFICIO 213035 0 0 0 0 0 3257 0 35942 0 252234 0 0 0 SUZY ANZALONE DIRECTOR OF FINANCE 120147 0 0 0 0 0 3922 0 36911 0 160980 0 0 0 CYNTHIA MARTIN VP OF HEALTHCARE 171683 0 0 0 0 0 2824 0 12634 0 187141 0 0 0 MARY FLANAGAN NURSE PRACTITIONER 141682 0 0 0 0 0 4771 0 44289 0 190742 0 0 0 CHARLES KELSEY VP OF RESIDENT LIFE-LEFT DEC 2018 172336 0 0 0 0 0 855 0 783 0 173974 0 0 0 MARY RULISON SALES COUNSELOR 54136 0 90870 0 0 0 3321 0 14736 0 163063 0 0 0 PART I, LINE 3 ALL RELATED PARTY COMPENSATION DISCLOSED ON SCHEDULE J, PART II IS COMPENSATION PAID BY THE RIVERWOODS GROUP (TRWG), A RELATED IRC SECTION 501(C)(3) SUPPORTING ORGANIZATION. TRWG USES A COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION CONSULTANT, FORM 990S OF OTHER LIKE ORGANIZATIONS, A COMPENSATION SURVEY/STUDY AND APPROVAL BY THE TRWG BOARD/COMPENSATION COMMITTEE. A NHHEFA 020279866 2012-09-28 65605000 FINANCE/REFINANCE RIVERWOODS' EXISTING CONTINUING CARE RETIREMENT COMMUNITY 0 0 0 A 10945000 65605000 452066 65152934 2012 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 DEUTSCHE BANK MORGAN STANLEY 10.910000000000 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NHHEFA DATE THE REBATE COMPUTATION WAS PERFORMED: 09/30/2017 X 106 16963 FMV X 1 8300 FMV X 5 1149 FMV X GIFT CARDS 101 21174 FACE VALUE X GIFT BASKETS 52 9697 FMV X BICYCLE 1 2999 FMV X JEWELRY 10 1475 FMV 0 0 1 0 PART I, COLUMN (B): THE FIGURE IN THIS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTORS IN THE GIVEN CATEGORY. FORM 990, PART III, LINE 4A CONTINUED: RWE WAS FOUNDED IN 1983 AS A NON-PROFIT, CHARITABLE ORGANIZATION, BY A GRASSROOTS GROUP OF SEACOAST-AREA RESIDENTS WHOSE MISSION WAS TO CREATE AN ACTIVE AND ENGAGING CONTINUING CARE COMMUNITY THAT ENHANCED THE FREEDOM OF SENIOR LIVING WHILE EASING THE CHALLENGES OF AGING. A COMMITMENT TO THE LOCAL COMMUNITY: WOVEN INTO THE FABRIC OF OUR FOUNDING PRINCIPLES IS A COMMITMENT TO THE LOCAL COMMUNITY: "TO BE A RESPONSIBLE COMMUNITY THAT PARTICIPATES IN THE LIFE OF THE LARGER COMMUNITY AROUND IT". WE CONSIDER OURSELVES NEIGHBORS OF THE LOCAL COMMUNITY, AND WE ARE DEDICATED TO SERVING THE NEW HAMPSHIRE SEACOAST AREA BOTH WITH OUR TIME AND THROUGH SPONSORED FINANCIAL PARTNERSHIPS. THE RIVERWOODS GALA: WHILE RWE SUPPORTS MANY CAUSES IN VARIOUS WAYS THROUGHOUT THE YEAR, WE ORGANIZE AND HOST A ONE-NIGHT EVENT EVERY TWO YEARS FOR THE BENEFIT OF A LOCAL NON-PROFIT. KNOWN AS THE RIVERWOODS GALA. RESIDENTS SELECT THE BENEFICIARY FROM AMONG DOZENS OF APPLICANTS, WITH THE GALA AS A GRAND FINALE FOR EACH TWO-YEAR CHARITABLE PARTNERSHIP. IN FY19 OUR PARTNER WAS SEACOAST FAMILY PROMISE (SFP), SELECTED FROM A POOL OF 22 LOCAL CHARITIES WHO SUBMITTED APPLICATIONS. FOUNDED IN 2003, SFP HELPS FAMILIES EXPERIENCING HOMELESSNESS FIND STABLE HOUSING AND LASTING SELF-SUFFICIENCY. THE ORGANIZATION WORKS WITH 1,300 COMMUNITY VOLUNTEERS ANNUALLY, INCLUDING FAITH COMMUNITIES OF ALL DENOMINATIONS, BUSINESSES AND COMMUNITY ORGANIZATIONS. SINCE SFP'S FOUNDING 15 YEARS AGO, MORE THAN 87% OF FAMILIES WHO HAVE GONE THROUGH SFP'S PROGRAM HAVE SECURED PERMANENT HOUSING AND HAVE REMAINED STABLE. THE STAFF AT RWE TEAMED UP WITH SFP FOR SEVERAL VOLUNTEER PROJECTS THROUGHOUT THE PAST TWO YEARS. THIS INCLUDES HELPING SFP WITH VARIOUS MAILINGS AND TRANSPORTATION SERVICES. THE PARTNERSHIP CULMINATED IN A GALA EVENT IN OCTOBER 2018 AT RWE IN WHICH OVER $165,000 WAS RAISED IN ONE EVENING, A RECORD FOR ANY GALA EVENT. THIS BROUGHT THE TOTAL AMOUNT RAISED OVER THE LAST TEN GALAS TO OVER $765,000. BOTH RWE AND SEACOAST FAMILY PROMISE FEEL THE VALUE OF THIS PARTNERSHIP WILL BE SHOWN NOT ONLY IN DOLLARS, BUT IN THE STRENGTH IT BRINGS TO THE GREATER COMMUNITY. VOLUNTEERING OUR TIME: RWE RESIDENTS CONTRIBUTE HUNDREDS OF HOURS EACH YEAR TO NUMEROUS LOCAL, REGIONAL, AND NATIONAL NON-PROFIT ORGANIZATIONS. OUR VOLUNTEER TIME HAPPENS BOTH INDIVIDUALLY AND IN GROUP SETTINGS FOR CIVIC-MINDED RESIDENTS AND STAFF ALIKE. OUR RESIDENTS RUN AN OUTREACH COMMITTEE, WHICH WORKS AS THE CONNECTION POINT FOR NEW RESIDENTS WHO ARE LOOKING FOR VOLUNTEER OPPORTUNITIES, AS WELL AS LOCAL ORGANIZATIONS WHO ARE LOOKING FOR VOLUNTEERS. SOME OF THE MOST POPULAR CAUSES FOR RESIDENTS INCLUDE HELPING ORGANIZATIONS FOCUSED ON ISSUES OF FAMILY, HUNGER, HOMELESSNESS, HEALTH, EDUCATION, VETERANS AND ANIMAL WELL-BEING. SPECIFIC ORGANIZATIONS TO WHICH RESIDENTS VOLUNTEER THEIR TIME INCLUDE SAINT VINCENT DE PAUL FOOD PANTRY, FRIENDS FOREVER INTERNATIONAL, ARTS IN REACH, SEACOAST FAMILY PROMISE, GREAT BAY STEWARDS, END 68 HOURS OF HUNGER, AND SERVING AS PEN PALS WITH LOCAL ELEMENTARY SCHOOL STUDENTS LEARNING TO READ AND WRITE CURSIVE. RWE IS PROUD OF THE CONTINUED PARTNERSHIP WITH OUR PREVIOUS BIENNIAL GALA RECIPIENT SOCIETY OF ST VINCENT DE PAUL EXETER NH (SVDP). WITH MORE THAN 100 VOLUNTEERS, SVDP HELPS LOCAL FAMILIES AND ORGANIZATIONS IN A VARIETY OF WAYS INCLUDING PROVIDING FOOD AND OTHER SUPPORT TO PEOPLE IN THE EXETER AREA. IN FY19, RWE RESIDENTS AND STAFF SPENT TIME VOLUNTEERING AT THE SVDP FOOD PANTRY, ORGANIZED A FOOD DRIVE, AND WERE ABLE TO DONATE MULTIPLE BOXES OF FOOD ITEMS AS WELL AS CASH AND GROCERY GIFT CARDS TO BE USED BY SVDP. OUR EMPLOYEES PARTICIPATE ON MANY LOCAL NOT-FOR-PROFIT BOARDS AND SPEND MANY VOLUNTEER HOURS IN THE COMMUNITY. STAFF DONATE THEIR TIME TO MANY WORTHY PROJECTS, INCLUDING THE NEW HAMPSHIRE PUBLIC TELEVISION AUCTION, STRAFFORD COUNTY JAIL, PORTSMOUTH HOSPITAL, AND SEACOAST UNITED WAY'S DAY OF CARING. RWE ALSO ENCOURAGES EMPLOYEES TO VOLUNTEER DURING WORK HOURS FOR SPECIAL NON-PROFIT PROJECTS. IN DECEMBER OF 2018, RWE DONATED RESIDENT DECORATED TREES TO THE FESTIVAL OF TREES; A FUNDRAISER ORGANIZED BY THE EXETER AREA CHAMBER OF COMMERCE. THE TREES WERE AUCTIONED OFF WITH PROCEEDS BENEFITTING THE EXETER CHAMBER CHILDREN'S FUND. MAIN STREET AND LINCOLN STREET SCHOOLS, THE LOCAL ELEMENTARY SCHOOLS, HAVE WELCOMED RWE RESIDENTS AS TUTORS AND CLASSROOM AIDES FOR MANY YEARS. IN FY19 WE BEGAN A UNIQUE PARTNERSHIP WITH A 4TH GRADE CLASS AT LINCOLN STREET SCHOOL. THEIR TEACHER WAS LOOKING FOR A UNIQUE WAY OF HELPING HER STUDENTS LEARN TO READ AND WRITE CURSIVE HANDWRITING. THROUGHOUT THE COURSE OF THE SCHOOL YEAR, HER STUDENTS EXCHANGED LETTERS WITH A GROUP OF RWE RESIDENT VOLUNTEERS. BOTH RESIDENTS AND STUDENTS ENJOYED THE PROJECT IMMENSELY! RWE CONTINUES TO FOSTER A GREAT PARTNERSHIP WITH GREAT BAY KIDS CO. STUDENTS FROM GREAT BAY KIDS COME TO RWE TWICE A MONTH DURING THE SCHOOL YEAR AND READ WITH RESIDENT READING BUDDIES. THIS OPPORTUNITY ALLOWS STUDENTS AND RESIDENTS TO INTERACT WITH EACH OTHER AND HELPS THE STUDENTS (RANGING FROM AGE SEVEN TO TWELVE) IMPROVE THEIR READING SKILLS. GREAT BAY KIDS HAS BEEN VISITING OUR HEALTH CARE RESIDENTS FOR YEARS, BUT THIS NEW READING PROGRAM STARTED AT THE BEGINNING OF 2017. THIS PAST YEAR, RWE PROVIDED A NUMBER OF FREE EDUCATIONAL PROGRAMS FOR THE PUBLIC, ON TOPICS INCLUDING HEALTH, WELLNESS, FITNESS AND FINANCES. VETERAN'S HISTORY PROJECT: IN FY19, RWE PROVIDED THE SPACE FOR FILMING A PORTION OF THE VETERAN'S HISTORY PROJECT, CREATED BY BOB STEVENS, A RESIDENT OF OUR SISTER COMMUNITY BIRCH HILL IN MANCHESTER. MR. STEVENS CONDUCTED INTERVIEWS OF RWE VETERANS FROM WWII, KOREA, VIETNAM AND DESERT STORM. THE VETERAN'S HISTORY PROJECT CREATED A LIVING HISTORY USING VIDEO INTERVIEWS TO PRESERVE THE TRUE HISTORY OF THE MEN AND WOMEN WHO SERVED OUR COUNTRY. THE VIDEOS ARE AVAILABLE ON LOCAL ACCESS TV AND A COPY WAS SENT TO THE LIBRARY OF CONGRESS. PHYSICAL DONATIONS: ANNUAL SUPPLY AND FOOD DRIVES: THE RWE OUTREACH COMMITTEE ORGANIZED A CAMPUS-WIDE TOY DRIVE TO SUPPORT THE EXETER FIREFIGHTER'S HOLIDAY DRIVE, A SCHOOL SUPPLY & SNACK DRIVE FOR LOCAL CHILDREN AND SFP, AND A BABY CLOTHING DRIVE FOR THE STORK PROJECT, AN INITIATIVE THAT PROVIDES WELCOME BUNDLES THAT ARE GIVEN TO LOW INCOME NEW MOMS IN NEW HAMPSHIRE. A FOOD DRIVE FOR ST. VINCENT DE PAUL IS ALSO AN ANNUAL EVENT. THE FOLLOWING IS A LIST OF JUST SOME OF THE ORGANIZATIONS WHERE RWE RESIDENTS VOLUNTEERED IN FY19: - ANNIE'S ANGLES - ATHENAEUM, PORTSMOUTH, NH - BSA SCOUTS OF AMERICA - CASA - CROSSROADS HOUSE - EXETER FESTIVAL OF TREES - EAST KINGSTON LIBRARY - EXETER HISTORICAL SOCIETY - EXETER HOSPITAL - EXETER LIBRARY TRUSTEE - EXETER LIONS CLUB - FRIENDS FOREVER INTERNATIONAL - GIRL SCOUTS OF AMERICA - GREAT BAY STEWARDS - GREAT BAY KIDS - HIGH PEAKS EDUCATIONAL FOUNDATION - IMEC - LEAGUE OF WOMEN VOTERS - LIBERTY HOUSE-MANCHESTER - LINCOLN STREET SCHOOL - LINUS PROJECT - MAIN STREET SCHOOL, EXETER, NH - MASSACHUSETTS COMMUNITY LAND TRUST - MEALS ON WHEELS - NATIONAL AUDUBON SOCIETY - NEW ENGLAND HOSTA SOCIETY - NEW HAMPSHIRE ASSOCIATION FOR THE BLIND - NEW HAMPSHIRE HISTORICAL SOCIETY - NH LONG TERM CARE FOUNDATION - NH HORTICULTURAL SOCIETY - NHSPCA - OPERATION BLESSING-PORTSMOUTH - PEASE GREETERS (GREETING TROOPS RETURNING FROM DUTY) - SEACOAST HOSPICE - SEACOAST SCIENCE CENTER - SELT - STRAWBERY BANKE MUSEUM - THE MUSIC HALL, PORTSMOUTH, NH - TOWER HILL BOTANIC GARDEN - UNH COASTAL PROGRAM - WOMENADE OF GREATER SQUAMSCOTT RWE DONATED ITEMS TO OPERATION BLESSING IN PORTSMOUTH, NH, A LOCAL NON-PROFIT HELPING THE HOMELESS. THESE ITEMS INCLUDED 565 PIECES OF CHINA. A NUMBER OF ITEMS WERE DONATED TO RESTORE DURING FY19 INCLUDING THREE LARGE FILING CABINETS, ONE EXECUTIVE DESK, TWO BOOKCASES, AND 23 ROLLING DINING CHAIRS. FORM 990, PART III, LINE 4A CONTINUED: SHARING OUR KNOWLEDGE: PART OF THE RWE MISSION IS NOT ONLY TO SHARE AN ENHANCED QUALITY OF LIFE WITH AS MANY OLDER ADULTS AS POSSIBLE, BUT ALSO TEACH OTHERS HOW THEY CAN DO THE SAME. EMPLOYEES REGULARLY SHARE THEIR KNOWLEDGE BY INVITING STUDENTS INTO THE RWE COMMUNITY WHO CAN LEARN FROM THE VAST KNOWLEDGE AND EXPERIENCE OF THE STAFF. OVER THE YEARS WE HAVE HOSTED STUDENTS FROM A VARIETY OF SCHOOLS IN A VARIETY OF COURSEWORK, FROM MARKETING TO FINANCE TO SOCIAL WORK AND HEALTH CARE. FRIENDS FOREVER INTERNATIONAL: IN AN EFFORT TO BRIDGE THE MULTIGENERATIONAL DIVIDE, SUPPORT YOUTH VOLUNTEERS AND LEARN ABOUT THE MANY POWERFUL USES OF NEW COMMUNICATION TOOLS, IN FY19 RWE ONCE AGAIN WELCOMED THE GROUP FRIENDS FOREVER INTERNATIONAL, A 501(C)(3) ORGANIZATION WHICH ALLOWS PEOPLE OF ALL AGES AND BACKGROUNDS TO PARTICIPATE FIRST-HAND IN THE INTERNATIONAL PEACE PROCESS. IN JULY OF 2019, SIX ALUMNI FROM FRIENDS FOREVER INTERNATIONAL CAME TO LIVE AT RWE ON A TWO-WEEK ROTATION. SPONSORING THE TOTAL COST FOR THEIR ROOM AND BOARD, RWE PROVIDED WAYS FOR THE STUDENTS TO CONTINUE ADVANCING THEIR LEADERSHIP SKILLS BY LEADING PROGRAMS, CLASSES AND WORKSHOPS WITH RESIDENTS, AS WELL AS OFFERING OPPORTUNITIES FOR INTERACTION AND GAMES. INTERNSHIPS: SINCE RWE OPENED ITS DOORS IN 1994, A KEY OBJECTIVE HAS NOT ONLY BEEN TO SHARE OUR EXPERIENCES WITH OTHERS, BUT TO LEARN FROM OTHERS IN THE INDUSTRY AT THE SAME TIME. IN THIS WAY WE BELIEVE WE CAN ELEVATE OUR OWN STANDARDS AT RWE WHILE ALSO PARTICIPATING IN THE ADVANCEMENT OF THE SENIOR LIVING INDUSTRY AS WHOLE. WE HAVE ACCOMPLISHED THIS THROUGH CLOSE INDUSTRY INVOLVEMENT OF OUR SENIOR MANAGEMENT, PARTICIPATION IN TRADE SHOW ACTIVITIES, AND CONTRIBUTING TIMELY AND INFORMATIVE ARTICLES TO INFLUENCING PUBLICATIONS. OUR MANAGEMENT TEAM, RESIDENTS AND STAFF ARE FREQUENTLY ASKED TO SPEAK AT NATIONAL AND REGIONAL INDUSTRY CONFERENCES, ON A NUMBER OF DIVERSE TOPICS WITHIN THE INDUSTRY INCLUDING SOCIAL ACCOUNTABILITY, STRATEGIC ACTION, MANAGING GROWTH, AND PROFESSIONAL DEVELOPMENT. THE COLLABORATIVE RELATIONSHIPS DEVELOPED CONTINUE THROUGHOUT THE YEAR IN ONE-ON-ONE CONVERSATIONS AND LARGER GROUP DISCUSSIONS. THAT SPIRIT OF COLLABORATION POSITIONS ALL OF US IN THE NON-PROFIT SENIOR LIVING INDUSTRY TO BEST SERVE THE EVER-GROWING GROUP OF OLDER ADULTS. IN FY19, THE FINANCE AND MARKETING TEAMS BOTH HOSTED SUMMER INTERNS FROM UNH WHO WORKED FULL TIME IN THEIR RESPECTIVE DEPARTMENTS, OR APPROXIMATELY 160 HOURS THROUGH THE END OF FY19. HUMAN RESOURCES HOSTED INTERNS OVER THE WINTER HOLIDAY BREAK. ADDITIONAL INTERNSHIPS AND ON-SITE TRAINING INCLUDED: - SEACOAST SCHOOL OF TECHNOLOGY-STUDENTS VIRTUAL DEMENTIA TRAINING AND SHADOWING (240 TOTAL CUMULATIVE HOURS) - RESIDENT ASSESSMENT TOOL TRAINING (15 OUTSIDE ATTENDEES, DONATED COST OF FOOD AND SPACE) - NURSE PRACTITIONER STUDENT INTERNSHIPS (130 HOURS) - GREAT BAY NURSING STUDENTS (160 HOURS) - UNH STUDENT INTERNSHIP (128 HOURS) - UNIVERSITY OF SOUTH DAKOTA INTERNSHIP (80 HOURS) - MCPHS STUDENT INTERNSHIP-SENIORS IN MCPHS BSN PROGRAM (19.5 HOURS) BUSINESS MANAGEMENT PROGRAM FOR STAFF: ESTABLISHED IN 2016, THE RWE BUSINESS MANAGEMENT PROGRAM (RWBMP) OFFERS A VERSION OF A BUSINESS SCHOOL GEARED TOWARD NEW FRONT-LINE LEADERS FROM WITHIN THE RWE STAFF, DEVELOPED AND TAUGHT BY RWE RESIDENTS. THE PROGRAM ACCOMPLISHES TWO CRITICAL OBJECTIVES; PROVIDING STAFF WITH REAL WORLD TOOLS THAT WILL HELP THEM GROW PROFESSIONALLY, AS WELL AS PROVIDING RESIDENTS WITH A MEANINGFUL WAY TO GIVE BACK; ENGAGING RESIDENTS AND STAFF FROM DIFFERENT CAMPUSES WITH VARYING AREAS OF RESPONSIBILITY. IN FY19 THERE WERE 12 RESIDENT FACULTY MEMBERS AND ONE DEAN WHO TAUGHT THE 8-MONTH LONG PROGRAM. IN THE SPRING OF 2018, RWE INTRODUCED A SECOND PROGRAM FOR STAFF CALLED PERSONAL FINANCE, A SIX-WEEK PROGRAM TAUGHT BY FIVE RESIDENT FACULTY MEMBERS AND ONE DEAN. THE PERSONAL FINANCE COURSE CHANGES OVER TIME DEPENDING ON THE NEED AND INTEREST OF THE PARTICIPANTS, COVERING TOPICS LIKE SAVING FOR COLLEGE, PLANNING FOR RETIREMENT, HOW TO CREATE AND LIVE ON A BUDGET, OR EXPLAINING COMPOUND INTEREST. RWE BUSINESS MANAGEMENT PROGRAM - 5 PART COURSE JAN - JUNE 2016 8 GRADUATES OCT - JUNE 2017 16 GRADUATES (36 TOOK PART, MANY TAKING COURSES AL A CARTE) OCT - MAY 2018 11 GRADUATES OCT - MAY 2019 6 GRADUATES PERSONAL FINANCE FEB - APRIL 2018 9 GRADUATES OCT - NOV 2018 6 GRADUATES MARCH - APR 2019 7 GRADUATES IN TOTAL, 71 PARTICIPANTS HAVE TAKEN SOME PORTION OF ONE OF THESE COURSES SINCE THE INCEPTION OF PROGRAMS. 63 HAVE GRADUATED FROM THE PROGRAMS (COMPLETED ENTIRE COURSE) SOME STAFF HAVE EVEN TAKEN AND COMPLETED BOTH COURSES. COMMUNITY SPONSORSHIPS: RWE IS A STRONG COMMUNITY PARTNER AND IN ADDITION TO RESIDENT AND STAFF TIME SPENT VOLUNTEERING, RWE HAS ALSO HELPED A NUMBER OF COMMUNITY-WIDE EVENTS AND ORGANIZATIONS WITH FINANCIAL SUPPORT. ORGANIZATIONS AND CHARITABLE CAMPAIGNS RECEIVING SUPPORT FROM RWE INCLUDE: - AMERICAN INDEPENDENCE MUSEUM - ARTS IN REACH - CONNOR'S CLIMB FOUNDATION - END 68 HOURS OF HUNGER - EXETER HISTORICAL SOCIETY - EXETER HOLIDAY PARADE - EXETER, DOVER, PORTSMOUTH AND MANCHESTER CHAMBERS OF COMMERCE - EXETER RUN CLUB - EXETER YOUTH BASEBALL AND SOFTBALL LEAGUE - FESTIVAL OF TREES 2018, EXETER - FRIENDS FOREVER INTERNATIONAL - LEADERSHIP SEACOAST PROGRAM - LEADING AGE DISASTER RELIEF - LEADING AGE MAINE AND NEW HAMPSHIRE - NEW HAMPSHIRE CHILDREN'S TRUST - NEW HAMPSHIRE FOOD BANK - NH LONG TERM CARE FOUNDATION - NEW HAMPSHIRE LETTER CARRIERS - NEW HAMPSHIRE WOMEN'S FOUNDATION - OLLI (OSHER LIFELONG LEARNING INSTITUTE) AT GRANITE STATE COLLEGE - PALACE THEATRE - PONTINE THEATRE - PORTSMOUTH PRO MUSICA - PRESCOTT PARK ARTS FESTIVAL - RACIAL UNITY DAY WALK - SEACOAST AREA CROP - SEACOAST CHIEF FIRE OFFICIALS MUTUAL AID DISTRICT - SEACOAST FAMILY PROMISE - SEACOAST OUTRIGHT - SEACOAST REPERTORY THEATER - SEACOAST WIND ENSEMBLE - ST. ANDREW'S BY THE SEA MUSIC, MUSIC BY THE SEA 2018 - TEAM (TOWN EXETER ARTS AND MUSIC) ARTS FESTIVAL - TEAM (TOWN EXETER ARTS AND MUSIC) ARTS FIRST FRIDAYS - YMCA, SOUTHERN NEW HAMPSHIRE DISTRICT - SOCIETY ST. VINCENT DE PAUL EXETER - THE EXETER CHAMBER "FESTIVAL OF TREES" CHRISTMAS AUCTION - THE EXETER CHAMBER OF COMMERCE ANNUAL DINNER - THE EXETER PARENT TEACHER ORGANIZATION'S "GET FIT IN MAY" RACE - THE GREAT BAY STEWARDS - THE MUSIC HALL, PORTSMOUTH - VETERANS OF FOREIGN WARS (VFW), EXETER, NH POST #2181 - VICTORIA'S VICTORY FOUNDATION - WOMENADE OF GREATER SQUAMSCOTT RWE HAS PROVIDED SMALL HONORARIUMS/DONATIONS TO A NUMBER OF GROUPS WHO HAVE PROVIDED SPEAKERS FOR OUR ON-CAMPUS EDUCATION PROGRAMS, INCLUDING: - ACTIVITIES DIRECTOR'S NETWORK (MEPAP TRAINING) - AMERICAN FRIENDS SERVICE COMMITTEE - AMERICAN INDEPENDENCE MUSEUM - BEDROCK GARDENS - BIRCHTREE CENTER - CASA OF NEW HAMPSHIRE - CHRIST CHURCH BUILDING FUND - CONCORD COMMUNITY MUSIC SCHOOL - CONSERVATION LAW SOCIETY - EDUCATION AND HOPE - EXETER HIGH SCHOOL - EXETER HISTORICAL SOCIETY - FRIENDS FOREVER, INC. - GULF OF MAINE RESEARCH INSTITUTE - INSTITUTE FOR THE STUDY OF EARTH, OCEAN AND SCIENCE, UNIVERSITY OF NEW HAMPSHIRE - MOUNT WASHINGTON OBSERVATORY - MURRAY IRISH DANCE - NEW HAMPSHIRE ACADEMY FOR PERFORMING ARTS - PRESBYTERIAN DISASTER ASSISTANCE - THE WAYSMEET CENTER OF CAMPUS MINISTRY AT UNH - TOWN OF NOTTINGHAM THEATRE PROGRAM - UNIVERSITY OF NEW HAMPSHIRE DEPARTMENT OF POLITICAL SCIENCE - UNH DEPARTMENT OF SOCIOLOGY BEST GRADUATE PAPER - WALTHAM HOME FOR LITTLE WANDERERS - WOMENADE OF GREATER SQUAMSCOTT RWE ALSO PROVIDES MEETING AND FUNCTION SPACE FREE OF CHARGE FOR SEVERAL LOCAL CIVIC AND RELIGIOUS GROUPS ON A REGULAR BASIS, INCLUDING: - AMERICAN RED CROSS BLOOD DRIVE - CHRIST CHURCH - DAUGHTERS OF THE AMERICAN REVOLUTION - EXETER FIRE DEPARTMENT - EXETER WOMEN'S CLUB - FRIENDS FOREVER INTERNATIONAL - KURN HATTIN HOME FOR CHILDREN - LEADINGAGE MAINE AND NEW HAMPSHIRE - NEW HAMPSHIRE PUBLIC TELEVISION (NHPBS) - PHILANTHROPIC EDUCATIONAL ORGANIZATION (PEO) - RICHIE MCFARLAND CHILDREN'S CENTER - ST. VINCENT DE PAUL BOARD OF TRUSTEES - TOASTMASTER'S INTERNATIONAL - WOMENADE OF GREATER SQUAMSCOTT RWE ALSO PROVIDES TRANSPORTATION TO RESIDENTS VOLUNTEERING IN THE COMMUNITY. FOR EXAMPLE, RWE SHUTTLES ARE USED TO TRANSPORT RESIDENTS WHO VOLUNTEER AS TROOP GREETERS AT THE LOCAL AIRPORT, THOSE WHO VOLUNTEER AT THE NEW HAMPSHIRE PUBLIC TELEVISION AUCTION AND RWE RESIDENTS AND STAFF WHO VOLUNTEER FOR UNITED WAY'S DAY OF CARING. FORM 990, PART III, LINE 4A CONTINUED: ANNUAL RWE SCHOLARSHIPS: FY19 WAS THE LARGEST YEAR TO DATE, WITH $38,000 AWARDED TO 10 RECIPIENTS OF OUR 13TH ANNUAL STUDENT SCHOLARSHIP AWARDS. BOUTIQUE SCHOLARSHIPS WERE AWARDED TO HIGH SCHOOL STUDENTS WHO ARE ON THEIR WAY TO COLLEGE. MEMORIAL SCHOLARSHIPS WERE PRESENTED TO RWE LICENSED NURSING ASSISTANTS PURSUING CONTINUING EDUCATION IN THE NURSING FIELD. THE ARCHIBALD AND ALMA MAE PEABODY SCHOLARSHIP TO ASSIST WITH COLLEGE EDUCATION WAS PRESENTED TO CHILDREN OF RWE EMPLOYEES. SINCE 2007, WHEN THE FIRST SCHOLARSHIPS WERE ESTABLISHED, 80 SCHOLARSHIPS HAVE BEEN DISTRIBUTED, WORTH MORE THAN $300,000 TOWARD GOALS OF HIGHER EDUCATION. ADDITIONALLY, A PARTNERSHIP BETWEEN RWE AND GREAT BAY COMMUNITY COLLEGE WAS ESTABLISHED IN 2018 BY THE RWE CHARITABLE FUNDS COMMITTEE MEMBERS IN THE HOPES OF OPENING STUDENTS' MINDS ABOUT THE RICH VARIETY OF CAREER OPPORTUNITIES AVAILABLE AT RWE. IN FY18, RWE RESIDENTS CREATED A SCHOLARSHIP PROGRAM FOR FIRST-YEAR NURSING STUDENTS AT GREAT BAY COMMUNITY COLLEGE. IN FY19, RWE AWARDED $8,000 IN SCHOLARSHIP DOLLARS TO FOUR NURSING STUDENTS AS PART OF THIS NEW INITIATIVE. C.A.R.E. PROGRAM FOR EMPLOYEES IN NEED: C.A.R.E. STANDS FOR CARING, AIDING, AND RESPONDING TO EMPLOYEE'S FINANCIAL NEEDS. IN JULY OF 2016, A GROUP OF RWE EMPLOYEES CREATED THE C.A.R.E. FUND, DESIGNED TO ASSIST EMPLOYEES OF RWE WHO DEMONSTRATE A FINANCIAL EMERGENCY BEYOND THEIR CONTROL AND PROVIDE THEM WITH LIMITED ASSISTANCE. SINCE THE CREATION OF THE C.A.R.E. FUND, RWE'S HUMAN RESOURCES TEAM AND THE C.A.R.E. COMMITTEE HAS AWARDED 16 GRANTS TOTALING $7,500. IN A TESTIMONIAL FROM A CURRENT RWE EMPLOYEE THE INDIVIDUAL SAID "I WISH I KNEW ALL WHO GAVE SUCH A GENEROUS DONATION, SO I COULD THANK EACH OF YOU. BUT WORDS CANNOT EXPRESS MY GRATITUDE FOR ALL YOUR HELP AND SUPPORT DURING THE WORST TIME IN MY LIFE. I FEEL BLESSED, LOVED AND GRATEFUL TO BE A PART OF THE RWE FAMILY." THE POSITIVE IMPACT OF THE C.A.R.E. PROGRAM IS EVIDENT FROM EACH EMPLOYEE WHO HAS BENEFITTED FROM IT. RWE BENEVOLENCE PROGRAM: AS A NOT-FOR-PROFIT CCRC, RWE HAS A BENEVOLENCE FUND TO HELP RESIDENTS WHO HAVE OUTLIVED THEIR ASSETS, OR HAVE FOUND THEMSELVES UNABLE TO MAKE THEIR FINANCIAL COMMITMENT, THROUGH NO FAULT OF THEIR OWN. IF NEEDED, A RESIDENT CAN TURN TO THE RWE BENEVOLENT FUND, RATHER THAN PLACING FINANCIAL BURDEN ON SENIOR ASSISTANCE PROGRAMS OUTSIDE THE RWE COMMUNITY. RETAIL SUPPORT: THE RWE CONCIERGE SERVICE OFFERS THREE DAYS EACH WEEK OF FREE TRANSPORTATION TO LOCAL GROCERY STORES, DOCTOR'S OFFICES, HAIRDRESSERS AND TO THE ACTIVE DOWNTOWN DISTRICT. RWE RESIDENTS ESPECIALLY CONTRIBUTE TO THE LOCAL ECONOMY, AS DO OUR EMPLOYEES. THIS PAST FISCAL YEAR RWE ONCE AGAIN ORGANIZED AND HOSTED THE SEVENTH ANNUAL EXETER HOLIDAY FAIR. THE WELL-ATTENDED EVENT FEATURED SEVERAL DOZEN AREA BUSINESSES FROM EXETER TO HAMPTON. EACH BUSINESS HAD A BOOTH SHOWCASING THEIR GOODS AND/OR SERVICES FOR RESIDENTS AND EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 1 THE CURRENT RESIDENT BOARD REPRESENTATIVES ARE VOTING MEMBERS OF THE BOARD OF TRUSTEES. THE EXECUTIVE DIRECTOR OF RWE WILL SERVE ON THE BOARD OF TRUSTEES (THE BOARD) AS EX-OFFICIO WITH FULL VOTING RIGHTS. THE BOARD MAY VOTE TO EXCLUDE THE EXECUTIVE DIRECTOR OF RWE FROM ITS MEETINGS IF DISCUSSING PERSONNEL MATTERS RELATING TO THE EXECUTIVE DIRECTOR AND/OR THE COMPENSATION OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE COMMITTEE WILL CONSIST OF THE OFFICERS OF THE BOARD, CURRENTLY THE CHAIR, VICE-CHAIR, TREASURER AND CLERK, AND WILL EXERCISE THE FULL AUTHORITY OF THE BOARD BETWEEN MEETINGS OF THE BOARD. THE EXECUTIVE COMMITTEE WILL BE RESPONSIBLE TO THE BOARD AND WILL REPORT ITS ACTIONS AT EACH MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL ALSO SERVE AS THE COMPENSATION COMMITTEE OF THE BOARD. MEMBERS OF THE BOARD OF TRUSTEES WILL NOT RECEIVE COMPENSATION FOR THEIR SERVICES AS TRUSTEES; HOWEVER, A MEMBER OF THE BOARD OF TRUSTEES MAY RECEIVE REIMBURSEMENT OF DIRECT OUT-OF-POCKET EXPENSES FOR EFFORTS MADE ON BEHALF OF RIVERWOODS EXETER. FORM 990, PART VI, SECTION A, LINE 3 THE RIVERWOODS GROUP (TRWG), A RELATED PARTY, PROVIDES OVERSIGHT TO THE OVERALL FRAMEWORK OF RWE. TRWG PRIMARILY PROVIDES ADMINISTRATIVE SERVICES TO RWE WHICH DO NOT INVOLVE ANY SIGNIFICANT MANAGERIAL DECISION MAKING, BUT TRWG DOES HAVE ULTIMATE AUTHORITY AND RESPONSIBILITY FOR RWE'S BUDGET. RWE PAID TRWG A MANAGEMENT FEE OF $1,127,482 FOR SERVICES RENDERED DURING THE TAX YEAR. COMPENSATION FROM TRWG IS DISCLOSED ON FORM 990, PART VII, COLUMN (E) AND (F) AS WELL AS ON SCHEDULE J, PART II AS COMPENSATION FROM A RELATED ORGANIZATION; NO COMPENSATION IS DEEMED TO HAVE BEEN PAID BY RWE. FORM 990, PART VI, SECTION A, LINE 6 TRWG, AN IRC SECTION 501(C)(3) SUPPORTING ORGANIZATION, IS THE SOLE MEMBER OF RWE. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF TRWG IS REQUIRED TO APPROVE/ELECT ALL TRUSTEES OF RWE. FORM 990, PART VI, SECTION A, LINE 7B EACH OF THE FOLLOWING ACTIONS BY RWE'S BOARD MUST BE APPROVED BY TRWG BEFORE IT BECOMES EFFECTIVE: (A) REMOVAL OF A MEMBER OF THE RWE'S BOARD; (B) FINAL ADOPTION OF, AND ANY APPROVAL OF A MATERIAL DEVIATION FROM, THE ANNUAL AND ANY REVISED OPERATING AND CAPITAL BUDGETS OF RWE; (C) FINAL ADOPTION OF, AND ANY APPROVAL OF A MATERIAL DEVIATION FROM, RWE'S STRATEGIC PLAN; (D) TRANSFER TO ANY PERSON OR ORGANIZATION, WITH OR WITHOUT CONSIDERATION, DURING ANY TWELVE (12) MONTH PERIOD OF TANGIBLE, INTANGIBLE OR MIXED ASSETS WITH A VALUE IN EXCESS OF $500,000; (E) ANY SINGLE INCURRENCE, OR CUMULATIVE INCURRENCES IN ANY TWELVE (12) MONTH PERIOD, OF INDEBTEDNESS BY RWE IN EXCESS OF $2.5 MILLION; (F) SALE, LEASE OR EXCHANGE OF ANY MATERIAL PORTION OF THE ASSETS OF, OR THE STATUTORY MERGER, CONSOLIDATION, CORPORATE DIVISION, DISSOLUTION, OR LIQUIDATION OF, RWE OR ANY SUBSIDIARY OF RWE; (G) APPOINTMENT OF A FIRM OF INDEPENDENT PUBLIC ACCOUNTANTS TO CONDUCT AN INDEPENDENT AUDIT OF RWE'S FINANCIAL STATEMENTS OR A SPECIAL PROJECT WHICH MATERIALLY IMPACTS ASSETS, REVENUES OR OPERATIONS; (H) THE PARTICIPATION BY RWE OR ANY SUBSIDIARY OF RWE IN A KEY STRATEGIC RELATIONSHIP; (I) APPOINTMENT, EVALUATION, AND COMPENSATION OR TERMINATION OF THE EXECUTIVE DIRECTOR OF RWE; (J) ELIMINATION OR ADDITION OF ANY MATERIAL HEALTH CARE SERVICE OR PROGRAM BY RWE OR ANY SUBSIDIARY OF RWE; (K) THE AMENDMENT OF THE ARTICLES OF AGREEMENT, BYLAWS OR OTHER GOVERNING DOCUMENTS OF RWE WHERE SUCH PROPOSED AMENDMENT WOULD (I) IMPACT THE POWERS RESERVED TO TRWG IN THESE BYLAWS, (II) REASONABLY BE EXPECTED TO HAVE ANY MATERIAL STRATEGIC, COMPETITIVE OR FINANCIAL IMPACT ON ONE OR MORE PARTICIPANT ORGANIZATIONS OR ON THE SYSTEM AS A WHOLE, OR (III) IMPACT THE OBLIGATIONS OF RWE UNDER ANY AGREEMENT BETWEEN OR AMONG THE PARTICIPANT ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. RWE HAS AUTHORIZED REVIEW AND FILING OF THE FORM 990 TO THE TRWG AUDIT COMMITTEE. DRAFT COPIES WERE DISTRIBUTED AND REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING AT THE MEETING WHICH WAS HELD ON OCTOBER 31, 2019. AFTER REVIEW BY TRWG'S AUDIT COMMITTEE, A FULL COPY OF THE FINAL FORM 990 WILL BE PROVIDED TO RWE'S BOARD VIA A LINK TO A SECURE WEBSITE AND THE RWE'S BOARD WILL BE NOTIFIED THAT IT IS AVAILABLE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE IS SENT TO ALL TRUSTEES, OFFICERS AND KEY EMPLOYEES. THE QUESTIONNAIRE IS PREPARED AND AFFIRMATIVE ANSWERS ARE REVIEWED BY RWE'S LEGAL COUNSEL. NO TRUSTEE SHALL PARTICIPATE AS A MEMBER OF THE BOARD IN ANY DECISION AFFECTING THAT TRUSTEE'S PERSONAL FINANCIAL WELFARE OR THE FINANCIAL WELFARE OF ANY OTHER PERSON, ORGANIZATION OR INSTITUTION WITH WHICH THAT TRUSTEE IS AFFILIATED AS AN OWNER, EMPLOYEE, BOARD MEMBER, OR STOCKHOLDER. THIS SHALL NOT PRECLUDE A TRUSTEE FROM VOTING ON MATTERS AFFECTING THE OPERATION OF RWE FOR THE SOLE REASON THAT A FAMILY MEMBER IS A RESIDENT OF THE FACILITY. IN THE EVENT A TRUSTEE HAS SUCH A CONFLICT IN A MATTER WHICH IS BEING EXPOUNDED, DELIBERATED AND/OR VOTED UPON BY THE BOARD, SAID TRUSTEE SHALL ABSENT HIMSELF/HERSELF FROM THE BOARD, AND IF THE BOARD MEETING IS NOT OPEN TO THE PUBLIC AT LARGE, SHALL ABSENT HIMSELF/HERSELF FROM THE MEETING ROOM FOR THE TIME PERIOD DURING WHICH THE TOPIC IS UNDER DELIBERATION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 FORM 990, PART VI, SECTION B, LINE 15A: THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED AND APPROVED ANNUALLY BY THE BOARD. THIS PROCESS IS DOCUMENTED IN THE EXECUTIVE COMMITTEE MINUTES. PAY RANGES FOR SIMILAR POSITIONS ARE ANALYZED ANNUALLY AND COMPARED TO WAGE INFORMATION OBTAINED THROUGH SALARY SURVEYS AND OTHER LABOR MARKET RESOURCES WITH SIMILAR CONDITIONS. THE CEO OF TRWG ALSO CONTRACTS WITH AN INDEPENDENT CONTRACTOR WHO HELPS FACILITATE THE GATHERING OF SALARY INFORMATION AND SHARES THAT INFORMATION WITH THE RWE EXECUTIVE COMMITTEE. CONSIDERATION IS GIVEN TO THE FOLLOWING IN DEVELOPING PAY RANGES: -PREVAILING RATES FOR SIMILAR WORK IN OTHER SIMILAR INSTITUTIONS -NATIONAL, REGIONAL AND LOCAL SALARY PATTERNS -APPLICABLE LEGAL REQUIREMENTS -STANDARDS ESTABLISHED BY PROFESSIONAL ORGANIZATIONS -THE FINANCIAL STATUS OF RWE THE EXECUTIVE DIRECTOR'S COMPENSATION WAS MOST RECENTLY PROPOSED BY THE CEO OF TRWG AND APPROVED BY THE EXECUTIVE COMMITTEE DURING 2019. FORM 990, PART VI, SECTION B, LINE 15B: TOP MANAGEMENT POSITIONS ARE OVERSEEN BY THE EXECUTIVE DIRECTOR, BUT FINAL REVIEW AND APPROVAL IS CONDUCTED BY THE BOARD. THIS PROCESS AND FINAL DETERMINATIONS ARE TIMELY DOCUMENTED IN THE BOARD MINUTES. ALL EXECUTIVE POSITIONS WERE REVIEWED BY AN INDEPENDENT CONSULTANT IN 2018. IN ADDITION, SALARY SURVEYS, FORM 990'S OF OTHER ENTITIES AND INTERNAL EQUITY WERE ALL CONSIDERED. SALARY RANGES FOR ALL POSITIONS WERE DEVELOPED USING SIMILAR DATA AS OUTLINED ABOVE FOR THE EXECUTIVE DIRECTOR. THE INFORMATION IS USED BY THE EXECUTIVE DIRECTOR IN THE DEVELOPMENT OF SALARY RANGES. DURING THE BUDGETING PROCESS, THE BOARD APPROVES THE COMPENSATION BUDGET WHICH LISTS EACH OFFICER AND KEY EMPLOYEE SEPARATELY. THE DIRECTOR OF FINANCE'S COMPENSATION WAS MOST RECENTLY REVIEWED DURING 2019. FORM 990, PART VI, SECTION C, LINE 19 RWE MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS -680,599. CHANGE IN CHARITABLE GIFT ANNUITY LIABILITY -15,051. GALA EVENT-CONTRIBUTIONS -108,325. GALA EVENT-DONATION TO SFP 165,000. GALA EVENT-NET INCOME -44,287. THE RIVERWOODS GROUP 5 WHITE OAK DRIVE EXETER NH 03833 451450956 FURTHER THE MISSIONS OF THE RIVERWOODS GROUP MEMBERS NH 501(C)(3) LINE 12A, I N/A 0 RIVERWOODS DURHAM 5 WHITE OAK DRIVE EXETER NH 03833 820719418 CONTINUING CARE RETIREMENT COMMUNITY IN THE DEVELOPMENT STAGES NH 501(C)(3) LINE 10 THE RIVERWOODS GROUP 0 BIRCH HILL TERRACE 200 ALLIANCE WAY MANCHESTER NH 03102 223015416 ESTABLISH, OWN AND MAINTAIN A CONTINUING CARE RETIREMENT COMMUNITY NH 501(C)(3) LINE 10 THE RIVERWOODS GROUP 0 WOMEN'S AID DBA PEARL MANOR 200 ALLIANCE WAY MANCHESTER NH 03102 020222249 PROVIDE SUPPORT FOR BIRCH HILL TERRACE NH 501(C)(3) PF BIRCH HILL TERRACE 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0