2019-01-24T13:48:30-06:00 2018-06-30 205367494 ALAN ROSS & COMPANY PC 10 HEARTHSTONE COURT SUITE 100 READING PA 19606 990 2017-07-01 222790840 THE HIGHLANDS AT WYOMISSING HIGH 6107752300 2000 CAMBRIDGE AVE WYOMISSING PA 19610 MARIANNE PESSOGNELLI CFO 6107752300 2019-01-08 1 ALAN D ROSS CPA P00072435 6107799555 66.152.139.23 2019-01-08 16:14:28 ES P 34D9A9F081B8B9BC5585D2649EA49DE70212A95A 34D9A9F081B8B9BC5585D2649EA49DE70212A95A 2017 2019-02-21 02:37:17Z KEVIN P DEACOSTA 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 42717326 0 X WWW.THEHIGHLANDS.ORG X 1989 PA THE HIGHLANDS AT WYOMISSING IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY SERVING OLDER ADULTS AND CONTRIBUTING TO THE BERKS COUNTY COMMUNITY. 11 7 558 80 0 0 71887 54368 27398175 29930183 1949234 4647996 1295725 1471161 30715021 36103708 0 0 0 0 13431519 13505295 0 0 250 13602734 16978649 27034253 30483944 3680768 5619764 114563581 168680399 75073386 123234937 39490195 45445462 X THE MISSION OF THE HIGHLANDS AT WYOMISSING IS TO ENRICH THE LIVES OF SENIOR ADULTS THROUGH SPONSORSHIP OF A HIGH-QUALITY, NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY. OUR COMMUNITY SETS THE STANDARD OF EXCELLENCE IN RETIREMENT LIVING BY PROVIDING EXCEPTIONAL QUALITY OF LIFE, SECURITY AND VALUE. 0 0 14047405 17795127 THE HIGHLANDS AT WYOMISSING OPERATES 282 RESIDENTIAL LIVING UNITS THAT PROVIDE HOUSING, SOCIAL SERVICE SUPPORT, SOCIAL ACTIVITIES AND HEALTH AND WELLNESS ACTIVITIES. DURING FY 2018, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 385 RESIDENTS FOR A TOTAL OF 126,535 RESIDENT DAYS. 4306122 3378175 THE HIGHLANDS AT WYOMISSING OPERATES A PERSONAL CARE FACILITY WITH 66 STUDIO AND ONE-BEDROOM APARTMENTS WHICH PROVIDE HOUSING, SUPERVISED DAILY ACTIVITIES AND MODERATE MEDICAL CARE TO OUR RESIDENTS. DURING FY 2018, THE HIGHLANDS PROVIDED SERVICES TO 88 RESIDENTS FOR A TOTAL OF 21,159 RESIDENT DAYS. 9137924 8756881 THE HIGHLANDS AT WYOMISSING OPERATES AN 80 BED SKILLED NURSING CARE UNIT WHICH PROVIDES HOUSING, SKILLED NURSING CARE AND SOCIAL ACTIVITIES FOR 198 RESIDENTS DURING FY 2018 WITH A TOTAL OF 26,219 RESIDENT DAYS. 685187 PROVIDE RECREATIONAL ACTIVITIES FOR ELDERLY RESIDENTS 685187 28176638 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 35 0 1 558 1 0 0 0 0 0 0 0 0 X 11 7 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X MARIANNE PESSOGNELLI 6107752300 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 GARY CONNER DIRECTOR/CFO RELATED 1.00 50.00 X 0 793626 182057 KEVIN P DEACOSTA PRESIDENT/CEO 40.00 X X 292526 0 110205 TIMOTHY G DIETRICH ESQ CHAIR 1.00 X X 0 0 0 BARBARA J KLINE DIRECTOR 1.00 X 0 0 0 JUNE T MAIER DIRECTOR 1.00 X 0 0 0 GERALD P MALICK MD ASSISTANT SECRETARY 1.00 X X 0 0 0 ANNE M FLYNN MD DIRECTOR 1.00 X 0 0 0 JOHN W GRUBER MD SECRETARY 1.00 X X 0 0 0 SHARON S SANGER DIRECTOR 1.00 X 0 0 0 THERESE SUCHER DIRECTOR/COO RELATED 1.00 50.00 X 0 972078 229597 DAVID L THUN DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL J ROWLEY TREASURER 1.00 X X 0 0 0 DANIEL J WINKLER DIRECTOR 1.00 X 0 0 0 RICHARD J MABLE DIRECTOR 1.00 X 0 0 0 DEIDRA HILL EDD DIRECTOR 1.00 X 0 0 0 EDWARD C BARRETT VICE CHAIR 1.00 X 0 0 0 JODI A GIBBLE DIRECTOR OF MARKETING 40.00 X 142631 0 53734 STEPHEN R MURRAY DIRECTOR OF DINING SERVICES 40.00 X 128115 0 48266 MARIANNE PESSOGNELLI CFO 40.00 X 120294 0 45319 683566 1765704 669178 4 0 1 0 WEIDENHAMMER SYSTEMS CORP 935 BERKSHIRE BLVD WYOMISSING PA 19610 IT SERVICES 1586266 CCS BUILDING GROUP 100 WILLOW VALLEY LAKES DRIVE WILLOW STREET PA 17584 CONSTRUCTION SERVICES 1268338 GENESIS REHABILITATION SERVICES 101 E STATE STREET KENNETT SQUARE PA 19348 THERAPY SERVICES 1151385 SODEXO INC AND AFFILIATES 9801 WASHINGTONIAN BLVD GAITHERSBURG PA 20878 MANAGEMENT SERVICES 690349 SFCS INC 305 SOUTH JEFFERSON STREET ROANOKE VA 24011 ARCHITECTURAL AND DESIGN SERVICES 561576 5 54368 10178 54368 RESIDENTIAL FEES 623000 17795127 17795127 SKILLED NURSING 623000 8756881 8756881 PERSONAL CARE 623000 3378175 3378175 29930183 1466214 1466214 9793400 2000 6613618 0 3179782 2000 3181782 3181782 HOMECARE 623000 845423 845423 DINING 623000 127033 127033 MAINTENANCE 623000 91753 91753 406952 406952 1471161 36103708 29930183 0 6119157 X 292526 292526 9522865 8690406 832459 -177708 -161714 -15994 3137422 2651708 485714 730190 657653 72537 490099 352215 137884 35818 35818 57300 57300 3240187 2910090 330097 84397 76779 7618 2448079 2448079 32273 32273 29236 23256 5980 2262825 2262825 4723540 4723540 220132 220132 SUPPLIES 2154151 2154151 EQUIPMENT RENTAL & MAIN 334901 334901 NURSING EXPENSE - OTHER 206410 206410 MINOR EQUIPMENT EXPENSE 122375 122375 536926 471559 65117 250 30483944 28176638 2307056 250 1444312 1458049 3597261 3897908 174619 155774 267364 383996 148830998 60750074 50955559 88080924 58124466 50745603 23958145 114563581 168680399 3225887 3310681 1312569 805804 82145829 70534930 36972623 75073386 123234937 X 39437029 45375469 53166 69993 39490195 45445462 114563581 168680399 X 5619764 -762794 -6 1098303 X 0 1 X 1 0 X 149146 1108553 76150 71887 54368 1460104 24676319 25134278 26242613 27398175 29930183 133381568 672910 491343 687800 1295725 1471161 4618939 25498375 26734174 27006563 28765787 31455712 139460611 0 0 0 139460611 665762 877690 798339 1192574 1466214 5000579 665762 877690 798339 1192574 1466214 5000579 26164137 27611864 27804902 29958361 32921926 144461190 0.96540 0.96880 0.03460 0.03120 X 9792964 68800 699187 260105 49345 10251501 9170852 139114 820831 280300 57533 9792964 9095864 57316 332606 193182 121752 9170852 8057597 1103778 170946 106935 129522 9095864 7045656 207638 1045156 101549 139304 8057597 0 0 5000000 5000000 132321806 51234439 81087367 11509192 9515635 1993557 88080924 BOND RESERVE FUNDS 23958145 F 23958145 DEFERRED REVENUE 36020969 PROSPECTIVE RESIDENT DEPOSITS 575800 SECURITY & RESTORATION DEPOSITS 34000 GIFT ANNUITIES PAYABLE 341854 36972623 X 36428017 -762794 1098303 335509 36092508 11200 11200 36103708 30472744 0 30472744 11200 11200 30483944 PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PRESERVE, INCREASE, DISTRIBUTE AND UTILIZE THE ASSETS OF THE ENDOWMENT FUND FOR THE BENEFIT OF THE RESIDENTS AND COMMUNITY OF THE HIGHLANDS IN ACCORDANCE WITH THE DETERMINATIONS OF THE BOARD. TO DATE, THE FUND HAS BEEN UTILIZED TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS WHO THROUGH NO FAULT OF THEIR OWN DEMONSTRATE AN INABILITY TO PAY THE MONTHLY SERVICE FEE AND OTHER CHARGES RELATED TO THEIR RESIDENCY. PART X, LINE 2: THE HIGHLANDS EVALUATES UNCERTAIN TAX POSITONS USING A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN AN UNREALTED BUSINESS ACTIVITY TAX RETURN, AND DISCLOSURES REGARDING UNCERTAINIES IN TAX POSITIONS. THE HIGHLANDS DETERMINED THAT IT WAS NOT REQUIRED TO FILE ANY UNRELATED BUSINESS INCOME TAX RETURN AND NO ADJUSTMENTS TO THE FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THIS EVALUATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: FAIR VALUE ADJUSTMENT FROM PURCHASE OF CONTROLLING INTEREST 1,098,303. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION RECEIVED 11,200. PART XII, LINE 4B - OTHER ADJUSTMENTS: OTHER ADMINISTRATIVE EXPENSE - CONTRIBUTIONS 11,200. X X 0 0 0 0 0 0 0 0 0 GARY CONNER DIRECTOR/CFO RELATED 0 562886 0 201058 0 29682 0 167213 0 14844 0 975683 0 0 KEVIN P DEACOSTA PRESIDENT/CEO 221083 0 20000 0 51443 0 4695 0 105510 0 402731 0 0 0 THERESE SUCHER DIRECTOR/COO RELATED 0 605228 0 200926 0 165924 0 192510 0 37087 0 1201675 0 147104 JODI A GIBBLE DIRECTOR OF MARKETING 142631 0 0 0 0 0 2289 0 51445 0 196365 0 0 0 STEPHEN R MURRAY DIRECTOR OF DINING SERVICES 128115 0 0 0 0 0 2056 0 46210 0 176381 0 0 0 MARIANNE PESSOGNELLI CFO 120294 0 0 0 0 0 1931 0 43388 0 165613 0 0 0 A BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAD8 2017-09-29 26895713 FINANCE A PORTION OF INDEBTEDNESS, FUND DEBT SERVICE RESERVE & PAY COSTS 0 0 0 B BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAK2 2017-12-20 18709964 FUND DESIGN & CONSTRUCTION OF FACILITIES ACQUISITION & INSTALLATION OF EQUIP 0 0 0 C BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAR7 2018-04-10 22738093 FINANCE REMAINING OF INDEBTEDNESS, FUND DEBT SERVICE RESERVE & PAY COSTS 0 0 0 A 26895713 1969000 534610 12402844 11989259 2018 1 0 1 0 B 18709964 1377029 332935 23423 16976577 0 0 1 0 C 22738093 2042091 411020 20284982 2018 0 0 1 0 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 BARBARA J KLINE RESIDENT BOARD MEMBER 63780 PD MONTHLY RESIDENT FEES 0 GERALD P MALICK MD RESIDENT BOARD MEMBER 69780 PD MONTHLY RESIDENT FEES 0 JOHN W GRUBER MD RESIDENT BOARD MEMBER 68907 PD MONTHLY RESIDENT FEES 0 FORM 990, PART I, LINE 1 ANNUAL COMMUNITY BENEFIT REPORT DIRECT RESIDENT CARE UNCOMPENSATED BENEVOLENT CARE $ 123,351 BAD DEBT $ 75,357 COMMUNITY IMPROVEMENT SERVICES REAL ESTATE TAXES $1,451,692 FINANCIAL AND IN-KIND DONATIONS $ 195,049 PATIENT CARE COMMUNITY SERVICES $ 46,759 COMMUNITY HEALTH EDUCATION $ 101,642 RESIDENT VOLUNTEER CONTRIBUTIONS $ 16,542 COMMUNITY BENEFIT TOTAL FISCAL YEAR 2017 - 2018 $2,010,392 FORM 990, PART VI, SECTION A, LINE 7A INDIVIDUALS ARE ELECTED AND APPOINTED TO THE GOVERNING BODY OF THE HIGHLANDS AT WYOMISSING BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED PRIOR TO FILING BY THE CFO AND STAFF. THE FORM 990 IS REVIEWED BY BOTH THE AUDIT AND RISK COMMITTEE OF THE BOARD OF DIRECTORS AND THE FULL BOARD OF DIRECTORS AND IS APPROVED BY THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, MEMBERS OF A COMMITTEE AND EXECUTIVE TEAM ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THERE ARE ALSO PERIODIC REVIEWS PERFORMED TO VERIFY ADHERENCE TO THE CONFILICT OF INTEREST POLICY. IF THE REVIEWER FINDS AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL TAKE APPROPRIATE CORRECTIVE AND/OR DISCIPLINARY ACTION. TRAINING PROVIDED ANNUALLY FOR ALL EMPLOYEES ON CORPORATE COMPLIANCE WHICH INCLUDES CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THERE IS AN EXECUTIVE COMPENSATION STUDY DONE BY AN INDEPENDENT THIRD PARTY. THE PERFORMANCE REVIEW COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION AND PERFORMANCE OF ALL KEY MEMBERS OF MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G TEMPORARY RESOURCES: PROGRAM SERVICE EXPENSES 324,388. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 324,388. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,585,702. MANAGEMENT AND GENERAL EXPENSES 330,097. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,915,799. FORM 990, PART XI, LINE 9: FAIR VALUE ADJUSTMENT FROM PURCHASE OF CONTROLLING INTEREST 1,098,303. TOWER HEALTH 420 SOUTH 5TH AVENUE WEST READING PA 19611 232201344 SUPPORTING PA 501(C)(3) 12C 0 THE FRIENDS OF THE READING HOSPITAL 420 SOUTH 5TH AVENUE WEST READING PA 19611 236026108 SUPPORTING PA 501(C)(3) 12B TOWER HEALTH 1 THE READING HOSPITAL & MEDICAL CTR SELF-INS FD 420 SOUTH 5TH AVENUE WEST READING PA 19611 232087514 TRUST FUND PA 501(C)(3) 12B TOWER HEALTH 1 TOWER HEALTH MEDICAL GROUP 420 SOUTH 5TH AVENUE WEST READING PA 19611 232266054 HEALTHCARE PA 501(C)(3) 3 TOWER HEALTH 1 READING HOSPITAL FOUNDATION 420 SOUTH 5TH AVENUE WEST READING PA 19611 473054125 SUPPORT PA 501(C)(3) 12B TOWER HEALTH 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 TOWER HEALTH O 2754942 G/L TRANSACTION TOWER HEALTH P 51738 G/L TRANSACTION TOWER HEALTH S 69132787 FAIR VALUE