2019-10-31T10:17:02-05:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2018-01-01 620630670 ASBURY INC ASBU 8652388300 5285 WESTVIEW DRIVE NO 200 FREDERICK MD 21703 ANDREW JOSEPH ASSISTANT SECRETARY 8652388300 2019-10-22 1 JOHN NORMAN P01506766 7049985200 2019-09-23 67.137.57.251 2019-10-22 15:18:28 ED P 356E76376044E692544D6A37DDF1E0572DA6BBCB 2FB13AE82846AA91096501B2C4C574A7F21EA58D 2018 2019-02-21 02:37:17Z ANDREW JOSEPH 5285 WESTVIEW DRIVE NO 200 FREDERICK MD 21703 35882632 0 X WWW.ASBURYPLACE.ORG X 1956 TN DOING ALL THE GOOD WE CAN BY PROVIDING EXCEPTIONAL LIFESTYLE OPPORTUNIES FOR THOSE WE SERVE 8 7 1068 8 0 0 80711 175128 20607323 30806508 1668477 103115 18554 19938 22375065 31104689 0 80813 0 0 10630682 17078289 0 0 0 13763278 19543472 24393960 36702574 -2018895 -5597885 93918337 90743153 75804492 79142823 18113845 11600330 X OUR MISSION IS TO DO ALL THE GOOD WE CAN BY PROVIDING EXCEPTIONAL LIFESTYLE OPPORTUNITIES TO THOSE WE SERVE. 0 0 15267740 18945309 SKILLED NURSING FACILITIES: OPERATION OF 2 SKILLED NURSING FACILITIES (SNF'S) FOR THE AGED WITH 232 TOTAL BEDS PROVIDING 64,604 DAYS OF SERVICE IN 2018. $3,801,537 OF CONTRACTUAL ALLOWANCES WERE PROVIDED TO RESIDENTS OF THE SNF IN 2018. 4303926 5340619 RESIDENTIAL LIVING FACILITIES: OPERATION OF 187 RESIDENTIAL LIVING UNITS FOR THE AGED, PROVIDING 65,159 DAYS OF SERVICE IN 2018. $209,285 OF CONTRACTUAL ALLOWANCES WERE PROVIDED TO RESIDENTIAL LIVING RESIDENTS DURING 2018. 4634696 80813 5731597 ASSISTED LIVING FACILITIES: OPERATION OF 2 ASSISTED LIVING FACILITIES FOR THE AGED WITH 166 TOTAL SUITES PROVIDING 42,993 RESIDENT DAYS IN 2018. $80,813 OF BENEVOLENT CARE AND $171,825 CONTRACTUAL ALLOWANCES WERE PROVIDED TO THE ASSISTED LIVING RESIDENTS IN 2018. 635830 788983 HOME CARE/PERSONAL CARE: HOME CARE AND PERSONAL CARE FOR THE AGED 635830 788983 24842192 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1068 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X ANDREW JEANNERET CFO 3012502100 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 NELLIE WARD COLE CHAIR 2.00 X X 0 0 0 GUY WILSON VICE CHAIR 2.00 X X 0 0 0 BOB MCCOLLUM SECRETARY 2.00 X X 0 0 0 DAVID ATKINSON TREASURER 2.00 X X 0 0 0 SANDRA DAVIS DIRECTOR 2.00 X 0 0 0 COLE PIPER DIRECTOR 2.00 X 0 0 0 BISHOP MARY VIRGINIA TAYLOR DIRECTOR 2.00 X 0 0 0 MICHAEL LATTIER DIRECTOR 2.00 X 0 0 0 ANDREW JOSEPH ASST. SECRETARY 1.00 59.00 X 0 251163 22816 KARYN ARNOT ASST. SECRETARY 40.00 X 49910 0 6056 RHONDA TERANTO ASST. TREASURER 1.00 59.00 X 0 218503 20664 KIM EHRENFRIED ASST. TREASURER 1.00 59.00 X 0 217609 23888 SUE DACAMARA VICE PRESIDENT 1.00 59.00 X 0 422966 22667 CAROLYN NEIL-END 51018 VICE PRESIDENT 50.00 X 0 47338 2435 JUDITH ROGERS FRUITERMAN EXECUTIVE DIRECTOR 50.00 X 0 217173 806 MARGE SHONNARD VICE PRESIDENT OPERATIONS 50.00 X 0 119457 8745 AARON ROOP EXECUTIVE DIRECTOR 50.00 X 0 148691 12645 BERNIE BOWMAN DIRECTOR PROJECT DEVELOPMENT 50.00 X 0 105035 5578 BARBARA MACHUGA HR DIRECTOR 50.00 X 0 101469 15339 49910 1849404 141639 0 0 1 0 SODEXO INC PO BOX 536922 ATLANTA GA 30353 DINING AND MAINTENANCE 4566777 FUNCTIONAL PATHWAYS OF TENNNESSEE LLC PO BOX 720477 ATLANTA GA 30358 THERAPY 1878278 PHARMACY NETWORK SERVICES 527 N STATE OF FRANKLIN RD JOHNSON CITY OK 37604 PHARMACY 690494 JOSEPH CONSTRUCTION COMPANY INC 203 LETTERMAN STREET KNOXVILLE TN 37919 CONSTRUCTION 498655 MCKESSON MEDICAL-SURGICAL 8121 10TH AVE NORTH GOLDEN VALLEY MN 55427 MEDICAL SUPPLIES 389063 13 175128 175128 NET RESIDENT REVENUE 623000 16608542 16608542 MEDICARE/MEDICAID PAYMENTS 623000 13222314 13222314 AMORTIZATION OF ENTRANCE FEES 623000 682372 682372 OTHER OPERATING REVENUE 623000 293280 293280 30806508 405651 405651 22699 2761 19938 19938 19938 4472646 4621285 153897 -148639 -153897 -302536 -302536 31104689 30806508 0 123053 X 80813 80813 13936602 12803808 1132794 331565 304128 27437 1833386 106774 1726612 976736 926344 50392 337204 -37952 375156 89232 89232 55075 55075 4085692 4070984 14708 233535 229434 4101 1159552 942286 217266 338413 294 338119 1986623 1033347 953276 88555 41647 46908 1843084 1843084 3961625 3961625 443303 443303 FOOD 1435396 1435396 MEDICAL SUPPLIES AND PH 1151076 1151076 REPAIRS & MAINTENANCE 1129513 1122253 7260 TAXES-OTHER 473495 473495 732099 631560 100539 36702574 24842192 11860382 0 4876422 5004557 4277869 2742518 1429830 1681189 61029 62787 93555 70494 95993482 32739324 64503282 63254158 12784579 12160996 5480000 5480000 411771 286454 93918337 90743153 2949075 2670704 29467633 30976628 43272277 43902696 115507 1592795 75804492 79142823 X 17876133 11375583 184321 171356 53391 53391 18113845 11600330 93918337 90743153 X -5597885 -925634 10004 X X 0 1 X 1 0 X 38571 245849 123771 80711 175128 664030 32325369 31836773 30017084 20607323 30725695 145512244 32363940 32082622 30140855 20688034 30900823 146176274 23550 20000 43550 0 23550 20000 43550 146132724 425197 313314 227652 354739 428350 1749252 425197 313314 227652 354739 428350 1749252 32789137 32395936 30368507 21042773 31329173 147925526 0.98790 0.98890 0.01180 0.01070 X 0 0 0 0 0 0 0 0 1 2958 2958 0 PART II-B, LINE 1: A PORTION OF ASSOCIATION DUES PAID ARE ATTRIBUTABLE TO LOBBYING EXPENSES. 53391 53391 53391 53391 53391 53391 53391 53391 53391 53391 1.00000 1 0 1106861 1106861 73835711 22836322 50999389 2315817 1347560 968257 18735093 8555442 10179651 63254158 FIXED-INCOME SECURITIES 6056548 F EQUITY SECURITIES 6104448 F 12160996 DEPOSITS FROM PROSPECTIVE RESIDENTS 96950 REFUNDABLE ENTRANCE FEES 227610 DUE TO ACOMM 1268235 1592795 X 30111007 -925634 -70809 -996443 31107450 -2761 -2761 31104689 36624522 2761 2761 36621761 80813 80813 36702574 PART V, LINE 4: THE ENDOWMENT IS INTENDED TO SUPPORT BENEVOLENT CARE PROVIDED BY THE ORGANIZATION. PART X, LINE 2: ASBURY, INC. IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC); ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED AS THERE ARE NO UNRELATED TRADES OR BUSINESSES. THE COMPANY HAS IMPLEMENTED PROCESSES TO ENSURE COMPLIANCE WITH THE INTERNAL REVENUE SERVICE INTERMEDIATE SANCTIONS PROVISIONS FOR ALL ITS SUPPORTED ORGANIZATIONS, INCLUDING THE COMPANY. THIS INCLUDES AN INDEPENDENT REVIEW BY THE BOARD'S COMPENSATION COMMITTEE OF ALL COMPENSATION ARRANGEMENTS WITH DISQUALIFIED PERSONS AND OUTSIDE COMPENSATION CONSULTANTS TO PROVIDE INDEPENDENT THIRD-PARTY REVIEW AND ADVISEMENT, AND THE IMPLEMENTATION OF A DETAILED CONFLICT-OF-INTEREST POLICY AND ANNUAL DISCLOSURE PROCESS FOR ALL DISQUALIFIED PERSONS. THE COMPENSATION COMMITTEE ALSO HIRES OUTSIDE COUNSEL TO ADVISE THE COMPANY ON COMPLIANCE. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MUST BE RECOGNIZED ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE RESOLUTION. THE COMPANY'S REASSESSMENT OF ITS TAX POSITIONS DID NOT HAVE A MATERIAL IMPACT ON THE COMPANY'S RESULTS OF OPERATIONS OR FINANCIAL POSITION. THE COMPANY'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON CHANGE IN MARKET VALUE OF DERIVATIVES 10,004. BENEVOLENT CARE -80,813. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -2,761. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 2,761. PART XII, LINE 4B - OTHER ADJUSTMENTS: BENEVOLENT CARE 80,813. 1 BENEVOLENT CARE FOR ASSISTED LIVING RESIDENTS 4 80813 PART I, LINE 2: ALL RESIDENTS INQUIRING ABOUT BENEVOLENT CARE MUST COMPLETE AND SIGN THE BENEVOLENT CARE APPLICATION WHICH SHALL BE REVIEWED FOR APPROVAL BY THE COMMUNITY REPRESENTATIVE RESPONSIBLE FOR BENEVOLENT CARE. ONCE THE APPLICATION IS REVIEWED, THE EXECUTIVE DIRECTOR WILL APPROVE OR DENY ELIGIBILITY. DOCUMENTS RELATED TO BENEVOLENT CARE APPLICATION/REDETERMINATION AND ON-GOING MANAGEMENT WILL BE MAINTAINED ON-SITE UNTIL THE END OF THE CALENDAR YEAR IN WHICH THE RESIDENT IS NO LONGER RECEIVING ASSISTANCE FROM BENEVOLENT CARE. THEREAFTER THE RECORDS WILL BE MAINTAINED FOR FIVE (5) YEARS, EITHER ON-SITE OR IN STORAGE IN ACCORDANCE WITH THE RECORDS MANAGEMENT PROGRAM. X X X X X X 0 0 0 1 0 0 0 0 0 ANDREW JOSEPH ASST. SECRETARY 0 235977 0 14003 0 1183 0 10380 0 12436 0 273979 0 0 RHONDA TERANTO ASST. TREASURER 0 203582 0 13048 0 1873 0 9355 0 11309 0 239167 0 0 KIM EHRENFRIED ASST. TREASURER 0 204740 0 12207 0 662 0 9392 0 14496 0 241497 0 0 SUE DACAMARA VICE PRESIDENT 0 399058 0 17874 0 6034 0 10900 0 11767 0 445633 0 0 JUDITH ROGERS FRUITERMAN EXECUTIVE DIRECTOR 0 212463 0 0 0 4710 0 254 0 552 0 217979 0 0 AARON ROOP EXECUTIVE DIRECTOR 0 144850 0 3600 0 241 0 2308 0 10337 0 161336 0 0 PART I, LINE 3 THE COMPENSATION OF THE ORGANIZATION'S CEO AND ALL DISQUALIFIED PERSONS IS REVIEWED AND RECOMMENDED TO THE BOARD OF ASBURY COMMUNITIES, INC. BY THE COMPENSATION COMMITTEE OF THE BOARD. PART I, LINE 5 THE EXECUTIVE DIRECTOR'S INCENTIVE COMPENSATION IS BASED IN PART UPON THE OPERATING RATIO OF THE FACILITY. A THE HEALTH AND EDUCATIONAL FACILITIES BOARD OF BLOUNT COUNTY TN 621192419 2016-10-06 47406858 REVENUE REFUNDING AND IMPROVEMENT BONDS 0 0 0 A 4096290 47406858 1870625 1701482 7445000 1119201 26381660 1 0 0 1 A 0 0 0 1 0 0 0 0 0 A 0 PHARMACY NETWORK SERVICES PNS BOARD MEMBER, GUY WILSON, OWNS PNS 690494 SEE BELOW 0 PART IV (D) ASBURY HAS USED PHARMACY NETWORK SERVICES (FORMERLY WILSON PHARMACY) AS ITS PHARMACEUTICAL VENDOR FOR AT LEAST SEVENTEEN YEARS. ASBURY ADDED PNS TO THE MARYVILLE CAMPUS NINE YEARS AGO. PNS IS OWNED BY BOARD MEMBER GUY WILSON. ORIGINALLY APPOINTED BY THE BISHOP, WILSON HAS BEEN ON THE BOARD OF ASBURY FOR SEVERAL YEARS. FORM 990, PART III, LINE 4A AS PART OF ASBURY COMMUNITIES, ASBURY, INC. PLEDGES EACH DAY TO MAKE A DIFFERENCE IN THE LIVES OF THOSE WE SERVE AND TO SERVE AS A PARTNER FOR GOOD IN THE COMMUNITY AT LARGE. WE HONOR OUR LEGACY THROUGH SUPPORTING AND PARTNERING WITH CHARITABLE AND COMMUNITY ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, AND AGING SERVICES AND HEALTH PROVIDERS. AT ASBURY, INC., OUR CONTRIBUTIONS ARE PRIMARILY FOCUSED ON: -SUPPORTING SENIOR WELLNESS IN THE REGIONS WHERE WE OPERATE; AND -TRAINING THE NEXT GENERATION OF AGING SERVICES PROFESSIONALS. HIGHLIGHTS OF THIS YEAR'S COMMUNITY BENEFIT ACCOMPLISHMENTS AT ASBURY, INC. INCLUDE THE FOLLOWING: IN 2018, THE DINING TEAM AT ASBURY PLACE KINGSPORT COOKED CLOSE TO 2,000 FRESH AND NOURISHING MEALS FOR MEALS ON WHEELS OF KINGSPORT, ENSURING THAT ONE OF OUR NATION'S MOST VULNERABLE POPULATIONS-FOOD-INSECURE, HOMEBOUND SENIORS - WILL GET THE NUTRITION THEY NEED. IN ADDITION TO PROVIDING THE MEALS, ASSOCIATE VOLUNTEERS DELIVERED 151 MEALS THROUGHOUT THE YEAR. IN THE AREA OF TRAINING THE NEXT GENERATION OF SENIOR CARE LEADERS, AN ASBURY, INC. AN ASBURY PLACE SOCIAL WORKER PROVIDED INTERNSHIP SUPERVISION FOR HEALTHCARE SOCIAL WORK STUDENT FROM THE UNIVERSITY OF TENNESSEE. ASBURY PLACE PARTICIPATED IN OUR REGION JUNIOR ACHIEVEMENT WHEREBY 4TH GRADE STUDENTS LEARNED HOW ENTREPRENEURS USE THE RESOURCES TO PRODUCE GOODS AND SERVICES IN A COMMUNITY. STUDENTS SOLVE PROBLEMS BY WEIGHING RISKS AND REWARDS. AN ASSOCIATE IS A BOARD MEMBER OF SMALL MIRACLES THERAPEUTIC. ASBURY, INC. VOLUNTEERED TIME AND RESOURCES ON NUMEROUS OCCASIONS DURING THE PERIOD FOR THE ALZHEIMER'S TENNESSEE FUNDRAISER. ASBURY, INC. DONATED DISCARDED FURNITURE TO COMMUNITY WORX, AN ORGANIZATION THAT REFURBISHES OLD, BROKEN FURNITURE AND SELLS TO SUPPORT COMMUNITY CHARITY NEEDS. AN ASSOCIATED ASSISTED WITH THE ROTARY CLUB PROJECT TO PROMOTE LITERACY/EDUCATION. THE ROTARY PROVIDES 1,500 DICTIONARIES TO ALL 3RD GRADERS IN BLOUNT COUNTY. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS CAN ACT IN PLACE OF THE BOARD BETWEEN MEETINGS. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 ASBURY COMMUNITIES IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A ASBURY COMMUNITIES, INC. IS THE SOLE MEMBER OF ASBURY, INC. AND ELECTS THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ONLY CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO ASBURY COMMUNITY INC'S APPROVAL. THESE DECISIONS INCLUDE: (1) MANAGEMENT SERVICES RELATIONSHIPS AND CONTRACTS; (2) ANY ORGANIZATIONAL CHANGE IN GENERAL, INCLUDING MERGERS, SALES, LEASES, ETC, OF SUBSTANTIALLY ALL OF THE ASSETS AND THE CREATION OF NEW ENTITIES; (3) AMENDMENTS TO MISSION OR VISION STATEMENTS; (4) AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B ASBURY COMMUNITIES, INC. IS THE SOLE MEMBER OF ASBURY ATLANTIC, INC., ASBURY-SOLOMONS, INC., INVERNESS VILLAGE, AN OKLAHOMA NOT FOR PROFIT CORPORATION, CALVERT COUNTY NURSING CENTER, INC., ASBURY INC. (ASBURY PLACE), BETHANY DEVELOPMENT CORPORATION, AND ASBURY HCBS, INC. ASBURY COMMUNITIES, INC. HAS A SYSTEM WIDE AUDIT AND COMPLIANCE COMMITTEE. THE ASBURY COMMUNITIES, INC. BOARD OF DIRECTORS HAS DELEGATED A REVIEW OF THE FORM 990 TO THE SYSTEM AUDIT AND COMPLIANCE COMMITTEE WHICH PERFORMED THEIR REVIEW ON 10/2/19. THE ASBURY COMMUNITIES, INC., FOUNDATION, ASBURY ATLANTIC, ASBURY SOLOMONS, ASBURY PLACE, ASBURY COMMUNITIES HCBS, CALVERT COUNTY NURSING CENTER, BETHANY DEVELOPMENT CORPORATION, AND INVERNESS VILLAGE BOARD OF DIRECTORS WERE FORWARDED A COPY OF THEIR RESPECTIVE DRAFT FORM 990 FOR THEIR REVIEW AND PROVIDED A LINK TO A RECORDING OF THE AUDIT AND COMPLIANCE COMMITTEE MEETING IF MEMBERS CHOSE TO LISTEN TO THE MEETINGS AS THEY REVIEWED ANY OF THE FORM 990S. ALL DIRECTORS MAY POSE QUESTIONS OR ASK FOR CLARIFICATION FROM STAFF AND AUDIT AND COMPLIANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C THE ASBURY COMMUNITIES CONFLICT OF INTEREST POLICY WAS APPROVED BY THE BOARD OF DIRECTORS. THE COMPLIANCE OFFICER IS RESPONSIBLE FOR THE POLICY AND OVERSEES THE IMPLEMENTATION OF THE PROCESS. ALL THE ENTITIES WITHIN THE ASBURY COMMUNITIES SYSTEM ARE SUBJECT TO THE POLICY. ANNUALLY, THE COMPLIANCE OFFICER CONDUCTS A COMPREHENSIVE CONFLICT DISCLOSURE PROCESS COVERING ALL MEMBERS OF THE GOVERNING BOARDS, SYSTEM WIDE COMMITTEES, AND INDIVIDUALS IN MANAGEMENT POSITIONS. EACH PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM AND IS ADVISED OF THEIR FIDUCIARY OBLIGATIONS. THE COMPLIANCE OFFICER, WHO HAD A DIRECT REPORTING LINE TO THE CHAIR OF THE AUDIT AND COMPLIANCE COMMITTEE AND REPORTS QUARTERLY TO THE AUDIT AND COMPLIANCE COMMITTEE, ANALYZES ALL DISCLOSURE FORMS FOR POTENTIAL. CONFLICTS, AND PREPARES A REPORT FOR THE AUDIT AND COMPLIANCE COMMITTEE. A SUMMARY IS THEN PRESENTED TO THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. WHEN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISES INVOLVING A BOARD OR COMMITTEE MEMBER, THE AUDIT AND COMPLIANCE COMMITTEE IS INFORMED AND WILL FOLLOW SPECIFIC PROTOCAL OUTLINED IN THE CONFLICT OF INTEREST POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15 ON AN ANNUAL BASIS, THE COMPENSATION AND BENEFITS COMMITTEE RELIES ON STAFF FEEDBACK AND THE DATA AND RECOMMENDATIONS PROVIDED BY AN EXTERNAL COMPENSATION CONSULTANT TO ASCERTAIN THE REASONABLENESS OF COMPENSATION AND BENEFITS OF ALL OF THE DIRECT REPORTS OF THE CEO AND OTHER POTENTIALLY DISQUALIFIED PERSONS. IN ADDITION, THE COMPENSATION AND BENEFITS COMMITTEE REVIEWS THE ORGANIZATION'S PROGRESS TOWARDS KEY PERFORMANCE INDICATORS SELECTED FOR INCENTIVIZING PERFORMANCE OF DISQUALIFIED PERSONS THROUGH A PERFORMANCE BASED-COMPENSATION PROGRAM. QUARTERLY, THE COMPENSATION COMMITTEE REVIEWS THE MINUTES OF THE MANAGEMENT-LEAD TO SEE UPDATES TO THE OVERALL BENEFITS AND COMPENSATION PLAN FOR THE ORGANIZATION AS WELL AS PROGRESS ON THE ORGANIZATION'S EMPLOYER OF CHOICE STRATEGIC GOALS. ALSO ON AN ANNUAL BASIS, THE COMPENSATION AND BENEFITS COMMITTEE SPECIFICALLY REVIEWS THE COMPENSATION AND BENEFITS OF THE CEO USING THE DATA GATHERED BY THE COMPENSATION CONSULTANT AT THE DIRECTION OF THE COMMITTEE AND PROVIDES INPUT TO THE FULL BOARD OF DIRECTORS IN ORDER TO SUPPORT THEIR DECISION MAKING PROCESS REGARDING THE CEO'S COMPENSATION. THE COMPENSATION AND BENEFITS COMMITTEE CHARTER, THE EXECUTIVE COMPENSATION PHILOSOPHY, AND THE EXECUTIVE INCENTIVE PLAN WERE REVIEWED MOST RECENTLY IN 2018. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANT/CONTRACT LABOR: PROGRAM SERVICE EXPENSES 4,070,984. MANAGEMENT AND GENERAL EXPENSES 14,708. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,085,692. FORM 990, PART XI, LINE 9: GAIN ON CHANGE IN MARKET VALUE OF DERIVATIVES 10,004. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN OVERSIGHT PROCESS FROM THE PRIOR YEAR. FORM 990, PART VII, SECTION A THE OFFICERS THAT HAVE COMPENSATION FROM RELATED ORGANIZATIONS REPORTED IN PART VII, SECTION A, COLUMN E OF THE FORM 990 PROVIDE EXECUTIVE MANAGEMENT SUPPORT AND OVERALL GUIDANCE TO ASBURY ATLANTIC, INC. AS WELL AS THE OTHER RELATED AND SUPPORTED ORGANIZATIONS OF ASBURY COMMUNITIES, INC. THERE ARE OVER 2,400 TOTAL EMPLOYEES IN THE ASBURY COMMUNITIES, INC. SYSTEM. THE 2018 CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR ASBURY COMMUNITIES, INC. HAD TOTAL REVENUES OF $225.7 MILLION AND TOTAL ASSETS IN EXCESS OF $642 MILLION. FORM 990, PART VII, SECTION A BEGINNING WITH YEAR 2014, FOUNDATION ASSOCIATE SALARIES AND BENEFITS, WHICH WERE PREVIOUSLY REPORTED ON THE ASBURY FOUNDATION IRS FORM 990, WILL BE REPORTED BY THE ASBURY ENTITY WHERE THEY DEDICATED THEIR TIME. ASBURY FOUNDATION ASSISTS WITH THE MISSION OF THE NON PROFIT ENTITIES WITHIN THE ASBURY COMMUNITIES SYSTEM. ASBURY ATLANTIC INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 520607956 HOUSING AND HEALTHCARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 INVERNESS VILLAGE 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 731539802 HOUSING AND HEALTHCARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 ASBURY FOUNDATION INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 521862674 RAISING FUNDS FOR CHARITY CARE MD 501(C)(3) LINE 7 ASBURY COMMUNITIES INC 0 AFFILIATED ASSOCIATES INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 510426078 EMPLOYEE PAYMASTER COMPANY MD 501(C)(3) LINE 12C, III-FI ASBURY COMMUNITIES INC 0 ASBURY SOLOMONS INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 521862675 HOUSING AND HEALTHCARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 ASBURY COMMUNITIES HCBS INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 450634490 HOME CARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 CALVERT COUNTY NURSING CENTER INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 520890928 HEALTHCARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 ASBURY COMMUNITIES INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 521862677 MANAGEMENT SERVICES MD 501(C)(3) LINE 12C, III-FI 0 BETHANY DEVELOPMENT CORPORATION 335 WESLEY DRIVE MECHANICSBURG PA 17055 232078064 HOUSING FOR OLDER ADULTS PA 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 THE ASBURY GROUP INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 205038820 TECH & MGMT SERVICES DE ASBURY COMMUNITIES INC C 0 THE ASBURY GROUP INTEGRATED TECHNOLOGIES INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 262896175 INFO & CNSLT SERVICES DE ASBURY COMMUNITIES INC C 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0