2025-10-31T11:49:06-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1000 COMMERCE PARK DR WILLIAMSPORT PA 17701 990 2024-01-01 161486032 UMH MANAGEMENT SERVICES CORP UMH NY CORP UMHM 6077756400 10 ACRE PLACE BINGHAMTON NY 13904 BRIAN PICCHINI PRESIDENT AND CEO 6077756400 2025-09-21 1 1 KERRI N BOGDA P00760402 5703236023 2025-09-21 2024 2025-03-06 01:10:19Z UMH MANAGEMENT SERVICES CORP BRIAN PICCHINI 10 ACRE PLACE BINGHAMTON NY 13904 5433724 0 9223 X WWW.UNITEDMETHODISTHOMES.ORG X 1994 PA THE ORGANIZATION PERFORMS MANAGEMENT FUNCTIONS FOR THE EIGHT OTHER AFFILIATED ORGANIZATIONS. 19 19 35 26 0 0 0 0 4671348 4725763 462372 320408 135675 297631 5269395 5343802 2758 13310 0 0 3251792 2882084 0 0 0 2059925 2495028 5314475 5390422 -45080 -46620 12162917 13487623 8927739 8105215 3235178 5382408 X THE ORGANIZATION'S MISSION IS TO PROVIDE A WIDE RANGE OF SENIOR LIVING SERVICES WITH EXCEPTIONAL CARE AND COMPASSION. OUR VISION IS TO BE THE PROVIDER OF CHOICE IN LIFESTYLE OPTIONS FOR SENIORS. CORE VALUES INCLUDE CONCERN AND UNDERSTANDING FOR THE WHOLE PERSON, A FOCUS ON EDUCATION AND WELLNESS IN PURSUIT OF A FULL LIFE, INDEPENDENCE, DIGNITY AND A SENSE OF CONTROL FOR ALL RESIDENTS, AS WELL AS CARING AND COMPASSION IN OUR STAFF. 0 0 489823 13310 4725763 CENTRALIZED MANAGEMENT FUNCTIONS AND SUPPORTIVE FINANCIAL, INFORMATION TECHNOLOGY AND ADMINISTRATIVE SERVICES FOR THE EIGHT OTHER BROTHER / SISTER RELATED AND AFFILIATED ORGANIZATIONS OF THE UNITED METHODIST HOMES WHICH PROVIDE SERVICES FOR THE FRAIL AND ILL ELDERLY. SUCH CENTRALIZED SERVICES INCLUDE QUALITY ASSURANCE, BUILDINGS AND GROUND MANAGEMENT, HUMAN RESOURCES, EMPLOYEE BENEFITS, MARKETING AND PUBLIC RELATIONS, GROUP PURCHASING, ACCOUNTING AND FINANCIAL SERVICES, BUDGETING, INFORMATION TECHNOLOGY, INSURANCE CONTRACTING, CONTRACT REVIEW AND NEGOTIATIONS, CORPORATE COMPLIANCE, AND OTHER ADMINISTRATIVE FUNCTIONS. 489823 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 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 0 0 0 1 X 66 0 35 1 0 0 0 0 0 0 0 0 0 0 0 0 X 19 19 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY PA X BRIAN PICCHINI 6077756400 10 ACRE PLACE BINGHAMTON NY 13904 X ALAN HERTEL CHAIRPERSON 8.00 0.00 X X 0 0 0 JOHN CROUNSE VICE CHAIRPERSON 2.00 0.00 X X 0 0 0 ROSANNE MULLIGAN SECRETARY 2.00 0.00 X X 0 0 0 SHARON CALLI BERG ASSISTANT SECRETARY 2.00 0.00 X X 0 0 0 REV WILLIAM D LEWIS TREASURER 2.00 0.00 X X 0 0 0 ROBERT HALL ASSISTANT TREASURER 3.00 0.00 X X 0 0 0 REV DOUGLAS CLARK DIRECTOR 1.00 0.00 X 0 0 0 KATHLEEN COLLING DIRECTOR 15.00 0.00 X 0 0 0 COLEMAN DIRHAN DIRECTOR 3.00 0.00 X 0 0 0 CATHY GRILLINI DIRECTOR 0.75 0.00 X 0 0 0 JANICE HORN DIRECTOR 3.50 0.00 X 0 0 0 ALLAN KINSMAN DIRECTOR 0.70 0.00 X 0 0 0 LISA LEE DIRECTOR 1.00 0.00 X 0 0 0 SHARRON LEWIS DIRECTOR 4.00 0.00 X 0 0 0 TANYA OLAVIANY DIRECTOR 0.50 0.00 X 0 0 0 MARGARET ANN RAY DIRECTOR 0.80 0.00 X 0 0 0 PHIL REID DIRECTOR 2.00 0.00 X 0 0 0 WILLIAM STARR DIRECTOR 12.00 0.00 X 0 0 0 KENDRA TESTA DIRECTOR 4.00 0.00 X 0 0 0 NANCY ADAMS DIRECTOR (UNTIL 05/2024) 2.00 0.00 X 0 0 0 JOSEPH COONS DIRECTOR (UNTIL 07/31/24) 2.00 0.00 X 0 0 0 MELISSA DRABO DIRECTOR (UNTIL 01/2024) 2.00 0.00 X 0 0 0 JANET MCCABE DIRECTOR (DECEASED 07/2024) 2.00 0.00 X 0 0 0 EMIL AUGUSTINE HONORARY DIRECTOR 4.00 0.00 X 0 0 0 CAROL COLEMAN REV HONORARY DIRECTOR 1.00 0.00 X 0 0 0 BLENDA SMITH HONORARY DIRECTOR 0.50 0.00 X 0 0 0 EDWIN BETZ HONORARY DIRECTOR 7.00 0.00 X 0 0 0 MARYANN JOHNSON HONORARY DIRECTOR 2.00 0.00 X 0 0 0 CHARLOTTE THOMAS HONORARY DIRECTOR 1.00 0.00 X 0 0 0 BRIAN PICCHINI PRESIDENT AND CEO 1.00 40.00 X 0 428288 35102 RON PATTI CHIEF OPERATING OFFICER 1.00 40.00 X 0 203059 23985 GARY E GARDNER SENIOR VP SPECIAL PROJECTS 40.00 0.00 X 194078 0 14335 SALVATORE LAMANTIA CONTROLLER 40.00 0.00 X 153884 0 22649 KYLE J HARCHAR SENIOR VP CFO 40.00 0.00 X 145274 0 21962 DINA M ZANGHI VP HUMAN RESOURCES 40.00 0.00 X 142112 0 20847 ELIZABETH VANNATTA VP MARKETING/SALES 40.00 0.00 X 132188 0 11461 767536 631347 150341 5 0 1 0 MERIPLEX SOLUTIONS LLC PO BOX 737650 DALLAS TX 75373 IT MANAGED SERVICE PROVIDER 510115 BAKER TILLY VIRCHOW KRAUSE LLP PO BOX 78975 MILWAUKEE WI 532788975 AUDITING, TAX SERVICES 233678 ZIEGLER 790 NORTH ST SUITE 2275 MILWAUKEE WI 53212 INVESTMENT BANKING 208255 3 MANAGEMENT SERVICE FEE 541610 4725763 4725763 4725763 319988 319988 89446 896 89922 0 -476 896 420 420 EXPENSE REIMBURSEMENT 900099 180057 180057 OTHER REVENUE 900099 117574 117574 297631 5343802 4725763 0 618039 X 13310 13310 2387551 37 2387514 357 357 259860 1 259859 234316 2 234314 33458 33458 175500 175500 1176042 120250 1055792 261573 261573 62198 62198 1784 1784 31545 31545 60745 60745 292791 292791 63432 63432 146024 146024 OTHER DIRECT EXPENSES 62884 62884 RENTAL LEASE MOVEABLE 61474 61474 NON-MEDICAL SUPPLIES AN 41208 41208 DUES 21866 21866 2504 2504 5390422 489823 4900599 0 300 300 2606921 2122682 179611 153438 142558 175244 1574983 1405071 348186 169912 2439382 337538 6445959 10528509 12162917 13487623 3209067 2961543 5718672 5143672 8927739 8105215 X 3235178 5382408 3235178 5382408 12162917 13487623 X -46620 715318 1478532 X 1 X 1 X 1 1 1 X X 1 UMH NY CORP 240856145 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 SCHEDULE A, SECTION B, LINE 2 THIS ENTITY SUPPORTS ALL EXEMPT AFFILIATES THAT FALL UNDER THE GROUP RULING OF ITS PARENT, UMH NY CORP., WHICH IS THE SUPPORTED ORGANIZATION LISTED IN THE ORGANIZING DOCUMENTS AND REPORTED ON SCHEDULE A PAGE 1, LINE 12. 0 0 2439462 40727 775363 2918014 337538 2176735 98198 164529 2439462 3436898 39541 113906 1413610 2176735 3101703 38402 296793 3436898 3056432 67977 8005 30711 3101703 1.00000 0.00000 0.00000 1 0 153102 121716 31386 1402510 1264141 138369 19371 19214 157 169912 DUE FROM AFFILIATES 10361878 FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS 166631 10528509 7537652 715318 1478532 2193850 5343802 0 5343802 5390422 0 5390422 0 5390422 PART V, LINE 4: THE INTENDED USES OF THE ENDOWMENT FUNDS ARE: FUTURE CAPITAL IMPROVEMENTS, FUTURE OPERATING COSTS AND TO ESCROW ADVANCE FEES, OVER WHICH THE BOARD RETAINS CONTROL AND MAY AT ITS DISCRETION, SUBSEQUENTLY USE FOR OTHER PURPOSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS 25,103. EQUITY TRANSFER FROM AFFILIATES 1,453,429. X 1 1 X X X 0 1 0 0 0 0 0 1 0 BRIAN PICCHINI PRESIDENT AND CEO 0 400592 0 0 0 27696 0 0 0 35102 0 463390 0 0 RON PATTI CHIEF OPERATING OFFICER 0 203059 0 0 0 0 0 0 0 23985 0 227044 0 0 GARY E GARDNER SENIOR VP SPECIAL PROJECTS 194078 0 0 0 0 0 0 0 14335 0 208413 0 0 0 SALVATORE LAMANTIA CONTROLLER 153884 0 0 0 0 0 0 0 22649 0 176533 0 0 0 KYLE J HARCHAR SENIOR VP CFO 145274 0 0 0 0 0 0 0 21962 0 167236 0 0 0 DINA M ZANGHI VP HUMAN RESOURCES 142112 0 0 0 0 0 0 0 20847 0 162959 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDED ALL EMPLOYEES WITH A HOLIDAY GIFT OF $25. THE GIFT WAS "GROSSED UP" USING A COMPUTATION IN ORDER TO ASSIST WITH THE POTENTIAL TAX LIABILITY. ALL PAYMENTS WERE REPORTED AS TAXABLE INCOME ON EACH EMPLOYEE'S RESPECTIVE W-2. PART I, LINE 4B BRIAN PICCHINI PARTICIPATES IN A NONQUALIFIED DEFERRED COMPENSATION PLAN. THE AMOUNT DEFERRED FOR THE 2024 YEAR WAS $27,696. THIS AMOUNT HAS BEEN INCLUDED IN COLUMN B(III) AND HAS BEEN INCLUDED IN THE REPORTABLE MEDICARE WAGES FOR THE 2024 YEAR. PART I, LINE 7 THE ORGANIZATION HAS INSTITUTED A PRACTICE WHEREBY NON-FIXED PAYMENTS MAY BE MADE TO EMPLOYEES IN THE FORM OF INCENTIVE COMPENSATION PROGRAM (HEREAFTER "ICP") PAYMENTS. ICP PAYMENTS ARE BASED ON THE RESULTS OF A SCORECARD CREATED BY THE PRESIDENT & CEO, VP OF HUMAN RESOURCES, AND VP OF FINANCE IN COLLABORATION WITH OTHER MEMBERS OF THE OPERATIONAL LEADERSHIP TEAM (COLLECTIVELY "SENIOR MANAGEMENT"). THE METRICS OF THE SCORECARD ARE FOCUSED ON THE FOLLOWING AREAS: OCCUPANCY, NET OPERATING MARGIN, QUALITY, CASH FLOW, EDUCATION COMPLETION, RESIDENT ENGAGEMENT, AND TURNOVER. FOR UMH ECM CORP., UMH JGJ CORP., UMH PA CORP., AND UMH NY CORP. (WITH THE EXCEPTION OF THE COMPLETE CARE AND UMH AT HOME ENTITIES) ICP PAYOUTS WERE DETERMINED BY THE SCORECARD RESULTS OF THE SPECIFIC CAMPUS. FOR UMH MANAGEMENT SERVICES CORP., UNITED METHODIST HOMES FOUNDATION, AND COMPLETE CARE AND UMH AT HOME ( BOTH COMPLETE CARE AND UMH AT HOME ARE PART OF UMH NY CORP.), ICP PAYOUTS WERE DETERMINED BY THE SCORECARD RESULTS OF UNITED METHODIST HOMES AS A WHOLE. COMPLETE CARE AND UMH AT HOME WERE NOT INCLUDED WITH THE REST OF UMH NY CORP. FOR THE ICP DUE TO THEIR SMALL SIZE AND THEIR NATURE AS NEW OPERATIONS. BROOKS CENTER, INC., WESLEY TOWERS, INC., AND THE GRACE VIEW MANOR NURSING HOME CORPORATION DID NOT HAVE ANY EMPLOYEES DURING 2022, AND WERE NOT ELIGIBLE FOR ANY ICP PAYOUTS. THE ICP WAS VETTED THROUGH THE MANAGEMENT AND PERSONNEL COMMITTEE AND FORMALLY APPROVED BY THE EXECUTIVE/FINANCE/AUDIT COMMITTEE. SENIOR MANAGEMENT HAS PRIMARY RESPONSIBILITY FOR DETERMINING THE REASONABLENESS OF ALL PAYMENTS BASED ON THE RESULTS OF THE SCORECARDS AS WELL AS THE AVAILABILITY OF FUNDING FOR THE ICP. THE PRESIDENT & CEO'S ICP PAYOUT STRUCTURE FOLLOWS THE GUIDELINES ESTABLISHED IN THE ICP UNLESS OTHERWISE MODIFIED BY A COMMITTEE OF THE BOARD OR THE FULL BOARD. FURTHERMORE, MEMBERS OF THE GOVERNANCE COMMITTEE CONDUCT AN ANNUAL REVIEW OF THE PRESIDENT & CEO, AND MEMBERS OF THE MANAGEMENT AND PERSONNEL COMMITTEE ARE CHARGED WITH CONSIDERATION, REVIEW, AND/OR APPROVAL OF ANY PAYMENT TO BE PAID TO THE PRESIDENT & CEO. ALL PROCEEDINGS OF THE MANAGEMENT AND PERSONNEL COMMITTEE MEETINGS ARE DOCUMENTED IN WRITTEN MINUTES AND ARE REPORTED TO THE BOARD OF DIRECTORS. A NORTHEASTERN PENNSYLVANIA HOSPITAL AND EDUCATION AUTHORITY 237394107 NONEAVAIL 2018-05-11 44616000 TO REFUND 2013 ISSUES 0 0 0 B NORTHEASTERN PENNSYLVANIA HOSPITAL AND EDUCATION AUTHORITY 237394107 NONEAVAIL 2018-09-19 17150000 CONSTRUCTION FOR UMH BROOKS PROJECT 0 0 0 A 2766000 8727672 8727672 2016 1 0 1 1 B 0 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 1 CITIZENS BANK 4.950000000000 0 0 0 0 1 A 1 B 1 PART II, LINE 3, COLUMN A: THE 2018 BONDS ARE THE RESPONSIBILITY OF THE OBLIGATED GROUP (UMH NY CORP, MANAGEMENT SERVICES, UMH PA CORP, AND THE UMH FOUNDATION) AND ARE THEREFORE REPORTED WITHIN EACH OF THE 990 REPORTS FOR THE LISTED AFFILIATES. THE ISSUE PRICE OF THE 2018 BOND ISSUE (RE-FINANCING OF 2013 BONDS) OF $44,616,000 IS FOR ALL AFFILIATED COMPANIES. THIS IS THE REASON FOR THE DIFFERENCE BETWEEN THE AMOUNTS INCLUDED IN PART I, ROW A, COLUMN E (ISSUE PRICE) AND PART II, LINE 3, COLUMN B (TOTAL PROCEEDS OF ISSUE). THE PROCEEDS OF THE NORTHEASTERN PENNSYLVANIA HOSPITAL AUTHORITY 2018 BOND ISSUE HAVE BEEN ALLOCATED TO AFFILIATED COMPANIES AS FOLLOWS: UMH PA CORP., FEDERAL EIN: 22-3266577 OTHER SPENT PROCEEDS: $26,667,415 TOTAL PROCEEDS OF ISSUE: $26,667,415 UMH NY CORP., FEDERAL EIN: 24-0856145 OTHER SPENT PROCEEDS: $9,220,913 TOTAL PROCEEDS OF ISSUE: $9,220,913 UMH MANAGEMENT SERVICES CORP., FEDERAL EIN: 16-1486032 OTHER SPENT PROCEEDS: $8,727,672 TOTAL PROCEEDS OF ISSUE: $8,727,672 TOTAL OTHER SPENT PROCEEDS: $44,616,000 TOTAL PROCEEDS OF ISSUE: $44,616,000 PART II, LINE 3, COLUMN B: THE ISSUE PRICE OF THE 2018 BOND ISSUE OF $17,500,000 IS SOLELY FOR THE BROOKS EXPANSION PORJECT AND THEREFORE BALANCES ARE ONLY SHOWN ON THE UMH PA CORP. FORM 990, PART V, LINE 1; FORMS 1099 FOR EACH OF THE RELATED UNITED METHODIST HOMES ENTITIES ARE ISSUED BY UMH NY CORP., FEDERAL I.D. 24-0856145, WHICH ACTS AS THE COMMON ACCOUNTS PAYABLE ARM OF THE SYSTEM. THE NUMBER REPORTED ON THIS LINE REFLECTS THE NUMBER OF FORMS 1099 FILED BY UMH NY CORP. NO FORMS 1099 HAVE BEEN FILED DIRECTLY BY THIS ENTITY. PART V, LINE 2A: ALL W-2S ARE ISSUED BY UMH MANAGEMENT SERVICES CORP., EIN #16-1486032 WHICH ACTS AS THE COMMON PAYMASTER FOR ALL RELATED ENTITIES OPERATING UNDER THE BRAND NAME "UNITED METHODIST HOMES". FORM 990, PART VI, SECTION A, LINE 1A UMH MANAGEMENT SERVICES CORP., FEDERAL ID# 16-1486032, IS ONE OF NINE ENTITIES OF A GROUP OF BROTHER / SISTER RELATED AND AFFILIATED ORGANIZATIONS (SEE SCHEDULE R), GOVERNED BY A COMMON BOARD OF DIRECTORS. THE NINE BROTHER / SISTER RELATED ENTITIES OPERATE UNDER THE BRAND NAME "UNITED METHODIST HOMES". THE BYLAWS OF 8 OF THE ORGANIZATIONS EXCEPT FOR UNITED METHODIST HOMES FOUNDATION PROVIDE THAT THE DIRECTORS OF THE CORPORATIONS SHALL BE THE MEMBERS OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS OF THE 8 ORGANIZATIONS PROVIDE FOR NO MORE THAN 27 DIRECTORS, ELECTED BY THE DIRECTORS, AND DIVIDED INTO THREE CLASSES OF NINE EACH. THIS ARRANGEMENT PROVIDES FOR THE ELECTION OF NINE DIRECTORS EACH YEAR. A DIRECTOR MAY SERVE TWO CONSECUTIVE THREE-YEAR TERMS AND MUST REMAIN OFF THE BOARD FOR ONE YEAR BEFORE BECOMING ELIGIBLE FOR AN ADDITIONAL TERM. THE BOARD MEETS FOUR TIMES PER YEAR AND THE EXECUTIVE FINANCE COMMITTEE EETINGS ARE HELD ELEVEN TIMES PER YEAR. NO MEETINGS ARE HELD IN JULY. THE EXECUTIVE FINANCE COMMITTEE, WHEN MEETING BETWEEN BOARD MEETINGS IS AUTHORIZED TO EXERCISE ALL AUTHORITY OF THE BOARD EXCEPT TO HIRE, DISCHARGE OR FIX THE SALARY OF THE PRESIDENT / CEO, TO APPROVE THE ANNUAL BUDGET OR MODIFICATIONS THERETO RESULTING IN AN AMOUNT EXCEEDING THE TOTAL AMOUNT OF THE BUDGET OR TO COMMIT AN ENTITY TO ANY MAJOR CONSTRUCTION OR ESTABLISHMENT OF A NEW FACILTY OR THE PURCHASE, MORTGAGE OR SALE OF ANY REAL PROPERTY. SIX MEMBERS OF THE EXECUTIVE FINANCE COMMITTEE CONSTITUTE A QUORUM AND ONE OF THE SIX MEMBERS MUST BE EITHER THE CHAIRPERSON OR THE VICE CHAIRPERSON OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 2 BOARD MEMBERS, WILLIAM AND SHARRON LEWIS, ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION A, LINE 7A THE BYLAWS OF UMH NY CORP PROVIDED THAT THE BOARD OF DIRECTORS OF UMH NY CORP. (THE SUPPORTED ORGANIZATION) SHALL SERVE AS THE BOARD OF DIRECTORS OF UMH MANAGEMENT SERVICES CORP. AS SUCH, THE BOARD OF UMH NY CORP. HAS THE POWER TO ELECT OR APPOINT ALL MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS BY WHICH THE ORGANIZATION'S OFFICERS, DIRECTORS, BOARD COMMITTEE MEMBERS, AND MANAGEMENT REVIEWED THE PREPARED FORM 990 IS AS FOLLOWS: THE BOARD DID REQUIRE THAT THE FORM 990 FOR ALL 9 BROTHER / SISTER RELATED AND AFFILIATED ORGANIZATIONS BE PREPARED FROM INFORMATION COMPILED BY INTERNAL STAFF. A DRAFT COPY WAS PREPARED BY AN INDEPENDENT PUBLIC ACCOUNTING FIRM WITH SPECIFIC EXPERTISE IN NOT-FOR-PROFIT TAX RETURN PREPARATION AND THE FORM 990 WAS THEN PROVIDED TO THE ORGANIZATION'S MANAGEMENT AND BOARD MEMBERS. A DETAILED REVIEW OF THE FORM 990 IS CONDUCTED FOR ANY CHANGES OR CORRECTIONS. AFTER REVIEW BY ALL OF THE AFOREMENTIONED INDIVIDUALS, THE INDEPENDENT PUBLIC ACCOUNTING FIRM CONDUCTS THEIR FINAL REVIEW, SIGNS AS PAID PREPARER AND ASSISTS WITH THE ELECTRONIC SUBMISSION OF THE FORM 990. UTILIZING THIS METHODOLOGY, A COPY OF THE FORM 990 IS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND COMMENT PRIOR TO THE FORM 990 BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C UPON ELECTION TO THE BOARD OF DIRECTORS, ALL DIRECTORS ARE REQUIRED TO COMPLETE A WRITTEN CONFLICT OF INTEREST FORM IN CONNECTION WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THE ORGANIZATION ALSO FOLLOWS THE PRACTICE OF UPDATING OFFICERS AND DIRECTORS' CONFLICT OF INTEREST INFORMATION IN WRITING ANNUALLY. THE ASSISTANT TO THE CEO MONITORS THE DISTRIBUTION AND RECEIPT OF THE BOARD'S WRITTEN CONFLICT OF INTEREST FORMS. WHEN THE COMPLETED FORMS HAVE BEEN RECEIVED, THE ASSISTANT TO THE CEO RECORDS AND REPORTS CONFLICTS IF ANY, TO THE BOARD CHAIR AND CEO FOR THEIR REVIEW AND FURTHER ACTION. ALL BOARD MEMBERS AND EMPLOYEE PERSONNEL ARE SUBJECT TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICIES. ALL EMPLOYEES ARE REQUIRED TO ACT INDEPENDENTLY AND WITHOUT A CONFLICT OF INTEREST IN THE PERFORMANCE OF THEIR JOB DUTIES. IN ADDITION, AS PART OF THE BOARD MEMBER'S AND EMPLOYEE PERSONNEL'S TRAINING ANY POTENTIAL CONFLICT OF INTEREST PROHIBITIONS AND SITUATIONS ARE COVERED AND DISCUSSED. THE ORGANIZATION HAS ESTABLISHED AN "OVERSIGHT COMPLIANCE COMMITTEE" COMPOSED OF DIRECTORS OF THE BOARD AND STAFFED BY THE CORPORATE COMPLIANCE OFFICER AND COMPLIANCE PERSONNEL. ALL POTENTIAL CONFLICTS OF INTEREST ARE INITIALLY REVIEWED BY THE CORPORATE COMPLIANCE OFFICER, COMPLIANCE PERSONNEL AND THE MANAGEMENT COMPLIANCE COMMITTEE AND AN INITIAL DETERMINATION OF POTENTIAL CONFLICTS IS MADE. THE POTENTIAL CONFLICT OF INTEREST AND THE INITIAL DETERMINATION IS THEN REPORTED TO, AND DISCUSSED WITH THE OVERSIGHT COMPLIANCE COMMITTEE OF THE BOARD WHICH MAKES THE FINAL TERMINATION WITH REGARDS TO WHETHER A CONFLICT OF INTEREST DOES, OR DOES NOT EXIST. ANY PERSON, INCLUDING BOARD MEMBERS, OFFICERS, DIRECTORS, KEY EMPLOYEES AND / OR MANAGERS AND ALL EMPLOYEE PERSONNEL ARE PROHIBITED BY THE BOARD CONFLICT OF INTEREST POLICY FROM PARTICIPATING IN ANY TRANSACTION IN WHICH THE OVERSIGHT COMPLIANCE COMMITTEE HAS DETERMINED THAT A CONFLICT OF INTEREST EXISTS. THE OVERSIGHT COMPLIANCE COMMITTEE PROVIDES REPORTS OF ITS ACTIVITIES DIRECTLY TO THE BOARD OF THE ORGANIZATION. ANY PERSON FOUND TO HAVE KNOWINGLY VIOLATED THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS SUBJECT TO DISCIPLINARY ACTION AND / OR DISMISSAL. BOARD MEMBERS ARE GENERALLY REMINDED FROM TIME-TO-TIME AT BOARD AND COMMITTEE MEETINGS OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. BOARD AND COMMITTEE MEMBERS ARE ASKED TO DISCLOSE ANY ISSUE OR MATTER IN WHICH THEY HAVE A CONFLICT AS INDICATED ABOVE. THEY ARE ALSO ASKED TO ABSTAIN FROM VOTING ON SUCH MATTERS. EMPLOYEES ARE REMINDED ABOUT POTENTIAL CONFLICTS OF INTEREST THROUGH OUR CORPORATE AND MANDATORY TRAINING PROGRAMS. FORM 990, PART VI, SECTION B, LINE 15 ALL NINE ENTITIES ARE UNDER COMMON CONTROL AND FOLLOW THE SAME COMPENSATION PROCESS. THE BOARD OF DIRECTORS HAS ESTABLISHED A MANAGEMENT AND PERSONNEL COMMITTEE COMPRISED OF BOARD MEMBERS HAVING NO CONFLICT OF INTEREST WITH RESPECT TO COMPENSATION AND BENEFIT MATTERS TO BE ESTABLISHED FOR ALL SENIOR EXECUTIVES EMPLOYED BY THE ORGANIZATION. THE BOARD COMMITTEE UTILIZES STUDY DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS IN SIMILARLY SITUATED ORGANIZATIONS IN ITS DELIBERATIONS. DATA HAS BEEN COMPILED USING AN INDUSTRY JOB DESCRIPTION / CLASSIFICATION COMPENSATION STUDY WHICH FOCUSES ON MULTI-ORGANIZATION, MULTI-LOCATION, MULTI-LEVEL CARE SENIOR LIVING SERVICE ORGANIZATIONS IN THE UNITED STATES FOR COMPARATIVE COMPENSATION INFORMATION WHICH IS COMPARED TO THE UNITED METHODIST HOME'S SENIOR EXECUTIVE COMPENSATION LEVELS. UNITED METHODIST HOME'S KEY EMPLOYEE AND EXECUTIVE COMPENSATION LEVELS ARE REVIEWED ANNUALLY BY THE MANAGEMENT AND PERSONNEL COMMITTEE AND ARE SUBSEQUENTLY INCORPORATED, UPON APPROVAL BY THE BOARD, INTO THE ORGANIZATION'S ANNUAL BUDGET. THESE DISCUSSIONS ARE DOCUMENTED IN THE COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS, ARE AVAILABLE UPON REQUEST. FORM 990, PART VII: AS PREVIOUSLY DISCLOSED IN SCHEDULE O, THE BOARD OF DIRECTORS IS A COMMON BOARD. THE TIME SPENT AS REPORTED ON PART VII IS FOR THIS ORGANIZATION AS WELL AS THE RELATED ORGANIZATIONS REPORTED ON SCHEDULE R. FORM 990, PART IX, LINE 11G CONSULTING AND MANAGEMENT SERVICES: PROGRAM SERVICE EXPENSES 120,250. MANAGEMENT AND GENERAL EXPENSES 282,090. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 402,340. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 720,619. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 720,619. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 27,414. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 27,414. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 25,669. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,669. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF DERIVATIVE INSTRUMENTS 25,103. EQUITY TRANSFER FROM AFFILIATES 1,453,429. WESLEY TOWERS INC 10 ACRE PLACE BINGHAMTON NY 13904 237095034 INACTIVE PA 501(C)(3) LINE 12A UMH NY CORP 0 BROOKS CENTER INC 10 ACRE PLACE BINGHAMTON NY 13904 161446116 INACTIVE NY 501(C)(3) LINE 12A UMH NY CORP 0 UNITED METHODIST HOMES FOUNDATION 10 ACRE PLACE BINGHAMTON NY 13904 161401063 FUNDRAISING NY 501(C)(3) LINE 12A UMH NY CORP 0 UMH ECM CORP 10 ACRE PLACE BINGHAMTON NY 13904 161421889 NURSING HOME NY 501(C)(3) LINE 12A UMH NY CORP 0 UMH NY CORP 10 ACRE PLACE BINGHAMTON NY 13904 240856145 NURSING AND RESIDENT SERVICES NY 501(C)(3) LINE 10 N/A 0 UMH PA CORP 10 ACRE PLACE BINGHAMTON NY 13904 223266577 NURSING AND RESIDENT SERVICES PA 501(C)(3) LINE 12A UMH NY CORP 0 UMH JGJ CORP 10 ACRE PLACE BINGHAMTON NY 13904 161421888 NURSING HOME NY 501(C)(3) LINE 12A UMH NY CORP 0 THE GRACE VIEW MANOR NURSING HOME 10 ACRE PLACE BINGHAMTON NY 13904 223180239 NURSING HOME NY 501(C)(3) LINE 12A UMH NY CORP 0 501(C)(3) 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0