2019-11-15T14:05:37-06:00 2018-12-31 161131146 BONADIO & CO LLP 7936 SENECA TURNPIKE CLINTON NY 13323 990 2018-01-01 311727817 PRESWICK GLEN INC PRES 3157977500 172 CLINTON ROAD NEW HARTFORD NY 13413 MICHAEL SWEENEY CEO 3157977500 2019-11-15 1 RICHARD ZWEIFEL P00085938 3157977781 2019-11-15 72.45.193.198 2019-11-15 11:35:59 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 C49ABB80250F0F9B1B8AA0FC7B2EC0BFCE1F7AB8 2018 2020-03-31 21:24:44Z MICHAEL SWEENEY 172 CLINTON ROAD NEW HARTFORD NY 13413 4817816 0 X WWW.PRESWICKGLEN.COM X 2000 NY THE ORGANIZATION'S MISSION IS TO OFFER A RETIREMENT COMMUNITY WITH COMMITTMENT TO PROVIDE SECURITY, PEACE OF MIND AND INDEPENDENCE FOR SENIOR ADULTS BY PROMOTING OPPORTUNITIES FOR PERSONAL GROWTH IN AN ATTRACTIVE AND COMFORTABLE ATMOSPHERE. 14 14 73 14 0 0 3330 7094 4692833 4713930 -2861 5655 33193758 85331 37887060 4812010 0 0 0 0 1186231 1123239 0 0 0 3305279 3091893 4491510 4215132 33395550 596878 12765296 12765254 20365734 19715473 -7600438 -6950219 THE ORGANIZATION'S MISSION IS TO OFFER A RETIREMENT COMMUNITY WITH COMMITTMENT TO PROVIDE SECURITY, PEACE OF MIND, AND INDEPENDENCE FOR SENIOR ADULTS BY PROMOTING OPPORTUNITIES FOR PERSONAL GROWTH IN AN ATTRACTIVE AND COMFORTABLE ATMOSPHERE. 0 0 3368972 4804303 INDEPENDENT LIVING WHICH PROVIDES HOUSING, ACCESS TO HEALTH CARE, AND A NO-EVICTION POLICY TO RESIDENTS 60 YEARS OF AGE OR OLDER. FACILITY CONSISTS OF 84 INDEPENDENT LIVING APARTMENTS AND 40 INDEPENDENT LIVING COTTAGES THAT ARE LEASED AND RENEWED ON A YEARLY BASIS. 118 UNITS IN TOTAL WERE LEASED AND FULLY OCCUPIED AT THE END OF THE YEAR. 3368972 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 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 19 0 1 73 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X PRESWICK GLEN INC 3158535515 172 CLINTON ROAD NEW HARTFORD NY 13413 LINDA VOCE CHAIRMAN 0.20 1.00 X X 0 0 0 JERRY BURKE VICE CHAIRMAN 0.20 1.00 X X 0 0 0 MATT GROVE TREASURER 0.20 1.00 X X 0 0 0 JAY WILLIAMS SECRETARY 0.20 1.00 X X 0 0 0 DEBORAH MILLS DIRECTOR 0.20 1.00 X 0 0 0 MARIE ABRAHAM DIRECTOR 0.20 1.00 X 0 0 0 STEVEN CRANE DIRECTOR 0.20 1.00 X 0 0 0 ROBERT OHMANN DIRECTOR 0.20 1.00 X 0 0 0 PHIL WILLIAMS DIRECTOR 0.20 1.00 X 0 0 0 ROGER WILLIAMS DIRECTOR 0.20 1.00 X 0 0 0 JEFF KANE DIRECTOR 0.20 1.00 X 0 0 0 ROGER BRESLOW DIRECTOR 0.20 1.00 X 0 0 0 DAVID CLEAVER-BARTHOLOMEW DIRECTOR 0.20 1.00 X 0 0 0 RICK RIGGLE DIRECTOR 0.20 1.00 X 0 0 0 MICHAEL SWEENEY CEO 5.00 32.50 X 0 243761 27100 ROXANNE COTTER CFO 1.00 36.50 X 0 122003 4769 ROBERT MOREHOUSE CIO 1.00 36.50 X 0 117953 2353 0 483717 34222 0 0 1 0 SODEXO INC & AFFILIATES PO BOX 260170 PITTSBURGH PA 15251 FOOD MANAGEMENT 389413 1 7094 7094 RENTAL INCOME 532000 4416192 4416192 RESIDENT FEES 532000 297738 297738 4713930 613 613 10848 5806 5042 5042 5042 MISCELLANEOUS REVENUE 900099 50120 50120 MEALS 722210 35211 35211 85331 4812010 4804303 0 613 X 921926 771138 150788 13474 11270 2204 113453 94897 18556 74386 62220 12166 225559 139552 86007 15345 15345 13325 13325 518474 320776 197698 228229 92454 135775 165272 131760 33512 802073 800882 1191 50267 50267 328606 169304 159302 495194 493609 1585 56085 55906 179 RESIDENT MOVE-IN INCENT 97924 97924 EVENTS AND ACTIVITIES 57818 57818 DUES AND SUBSCRIPTIONS 31142 12615 18527 OTHER DIRECT EXPENSES 6580 6580 4215132 3368972 846160 0 1512311 1722398 9676 6422 5486 5778 207866 219081 12568271 4535005 8239483 8033266 440051 2350423 2778309 12765296 12765254 240893 255316 4807 3152 9974442 9366991 10145592 10090014 20365734 19715473 X -7606712 -6953037 6274 2818 -7600438 -6950219 12765296 12765254 X 596878 53342 X 0 1 X 1 0 X 1500 12072 3330 7094 23996 4675598 4968287 4847597 4692833 4713930 23898245 4675598 4969787 4859669 4696163 4721024 23922241 0 0 0 23922241 5382 4640 4736 2700 613 18071 5382 4640 4736 2700 613 18071 4680980 4974427 4864405 4698863 4721637 23940312 0.99920 0.99910 0.00080 0.00090 X 8997415 2129121 6868294 1415442 800469 614973 1907549 1416224 491325 247865 189191 58674 8033266 ASSETS HELD BY TRUSTEE 251611 RESIDENT DEPOSITS 2409219 INTEREST IN THE NET ASSETS OF PRESBYTERIAN HOMES FOUNDATION, INC. 2818 INTEREST RATE SWAP ASSET 114661 2778309 DUE TO AFFILIATES 616427 REFUNDABLE ENTRANCE FEES 9473587 10090014 4865352 53342 53342 4812010 0 4812010 4215133 0 4215133 0 4215133 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INTEREST IN NET ASSETS OF AFFILIATE -3,456. CHANGE IN VALUE OF INTEREST RATE SWAP 56,798. 0 0 0 0 0 0 0 0 0 MICHAEL SWEENEY CEO 0 243761 0 0 0 0 0 4796 0 22304 0 270861 0 0 PART I, LINE 3 THE RELATED ORGANIZATION PERFORMS AN ANNUAL REVIEW AND USES INDUSTRY AND COMPETITIVE SURVEYS TO ESTABLISH COMPENSATION FOR THE CEO. FORM 990, PART VI, SECTION A, LINE 7A THE PARENT BOARD ELECTS MEMBERS TO THE PRESWICK BOARD ANNUALLY. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBERS REVIEW THE 990 PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS COMPLETE CONFLICT OF INTEREST STATEMENTS ANNUALLY. IF A CONFLICT IS NOTED, THE NON-INTERESTED MEMBERS VOTE ON HOW TO PROCESS WITH THE SITUATION AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION ANNUALLY DURING THE ANNUAL REVIEW OF THE CEO. THE BOARD USES INDUSTRY AND COMPETITIVE SURVEYS TO ESTABLISH COMPENSATION FOR THE CEO. THE CEO USES INDUSTRY AND COMPETITIVE SURVEY TO ESTABLISH THE COMPENSATION FOR ALL OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S ADDRESS. THE 990 IS ALSO AVAILABLE ON THE INTERNET AT GUIDESTAR AND NYS WEBSITE. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 320,776. MANAGEMENT AND GENERAL EXPENSES 197,698. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 518,474. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST IN NET ASSETS OF AFFILIATE -3,456. CHANGE IN VALUE OF INTEREST RATE SWAP 56,798. PRESBYTERIAN HOMES & SERVICES INC 4290 MIDDLE SETTLEMENT RD NEW HARTFORD NY 13413 311572747 PARENT ORG-SPONSORS RELATED HEALTH CARE FACILITIES NY 501(C)(3) LINE 12A, I COMMUNITY WELLNESS PARTNERS INC 0 PRESBYTERIAN HOME FOR CENTRAL NEW YORK PO BOX 1144 4290 MIDDLE SETTLEMENT NEW HARTFORD NY 13413 160874414 NURSING HOME AND HEALTH SERVICES FOR THE ELDERLY NY 501(C)(3) LINE 10 PRESBYTERIAN HOMES & SERVICES INC 0 PRESBYTERIAN HOMES FOUNDATION INC PO BOX 854 MIDDLE SETTLEMENT RD NEW HARTFORD NY 13413 133348349 RAISE FUNDS FOR PROGRAMS FOR THE ELDERLY NY 501(C)(3) LINE 7 PRESBYTERIAN HOMES & SERVICES INC 0 PRESBYTERIAN RESIDENTIAL COMMUNITY PO BOX 1144 MIDDLE SETTLEMENT RD NEW HARTFORD NY 13413 223219259 PROVIDE HEALTH SERVICES TO THE ELDERLY NY 501(C)(3) LINE 10 PRESBYTERIAN HOMES & SERVICES INC 0 PRESWICK II INC PO BOX 1144 NEW HARTFORD NY 13413 311736275 PROVIDE ACCOMODATIONS TO THE ELDERLY NY 501(C)(3) LINE 10 PRESBYTERIAN HOMES & SERVICES INC 0 THE MEADOWS AT MIDDLE SETTLEMENT PO BOX 1144 4310 MIDDLE SETTLEMENT NEW HARTFORD NY 13413 161009798 PROVIDE LOW INCOME HOUSING FOR THE ELDERLY NY 501(C)(3) LINE 10 PRESBYTERIAN HOMES & SERVICES INC 0 PH&S PROPERTY MANAGEMENT INC 4290 MIDDLE SETTLEMENT RD NEW HARTFORD NY 13413 161558576 HOLD TITLE TO PROPERTY FOR AFFILIATES NY 501(C)(2) PRESBYTERIAN HOMES & SERVICES INC 0 COMMUNITY WELLNESS PARTNERS INC 108 UTICA ROAD CLINTON NY 13323 161536239 PARENT ORG-SPONSORS RELATED HEALTH CARE FACILITIES NY 501(C)(3) LINE 12A, I N/A 0 LUTHERAN CARE CHARITABLE NETWORK INC 108 UTICA ROAD CLINTON NY 13323 264665274 PARENT ORG-SPONSORS RELATED HEALTH CARE FACILITIES NY 501(C)(3) LINE 12B, II COMMUNITY WELLNESS PARTNERS INC 0 KATHERINE LUTHER RESIDENTIAL HEALTH CARE & REHABILITATION CENTER INC 110 UTICA ROAD CLINTON NY 13323 208029261 NURSING HOME AND HEALTH SERVICES FOR THE ELDERLY NY 501(C)(3) LINE 10 LUTHERAN CARE CHARITABLE NETWORK INC 0 THE LUTHERAN HOME OF CENTRAL NEW YORK INC 108 UTICA ROAD CLINTON NY 13323 150543616 ADULT HOME NY 501(C)(3) LINE 10 LUTHERAN CARE CHARITABLE NETWORK INC 0 LUTHERAN HOMES MANAGEMENT SERVICES INC 108 UTICA ROAD CLINTON NY 13323 161381077 HOLD TITLE TO PROPERTY FOR AFFILIATES NY 501(C)(3) LINE 12B, II LUTHERAN CARE CHARITABLE NETWORK INC 0 THE LUTHERAN FOUNDATION 108 UTICA ROAD CLINTON NY 13323 161181550 RAISE FUNDS FOR PROGRAMS FOR THE ELDERLY NY 501(C)(3) LINE 7 LUTHERAN CARE CHARITABLE NETWORK INC 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 1 0 0 0 0