2019-10-30T15:58:48-05:00 2018-12-31 410746749 CLIFTONLARSONALLEN LLP 1966 GREENSPRING DRIVE SUITE 300 TIMONIUM MD 210934161 990 2018-01-01 521862677 ASBURY COMMUNITIES INC ASBU 3012502100 5285 WESTVIEW DRIVE NO 200 FREDERICK MD 21703 KIM EHRENFRIED ASSISTANT TREASURER 3012502100 2019-10-23 1 JOHN NORMAN P01506766 4104530900 2019-10-23 67.137.57.251 2019-10-23 14:09:41 ED P 006DA25DC32C2723A1CCCA87B18674C9F00E3BB9 3CF3DD9031688C69FC97E727F610E3BA20E5E1B3 2018 2020-01-14 16:20:31Z DOUG LEIDIG 5285 WESTVIEW DRIVE NO 200 FREDERICK MD 21703 20586671 0 X WWW.ASBURY.ORG X 1994 MD TO DO ALL THE GOOD WE CAN BY PROVIDING EXCEPTIONAL LIFESTYLE OPPORTUNITIES TO THOSE WE SERVE. 11 10 100 10 10815 0 0 0 10789779 8654996 5483772 957859 0 0 16273551 9612855 0 0 0 0 11971433 9743546 0 0 0 3185030 5640443 15156463 15383989 1117088 -5771134 51004866 47427462 30098411 28852468 20906455 18574994 X OUR MISSION IS TO DO ALL THE GOOD WE CAN BY PROVIDING EXCEPTIONAL LIFESTYLE OPPORTUNITIES TO THOSE WE SERVE. AS THE NOT-FOR-PROFIT PARENT OF THE ASBURY SYSTEM, WE GUIDE OUR COMMUNITIES AND AFFILIATED ORGANIZATIONS IN PROVIDING THE BEST POSSIBLE EXPERIENCE FOR THE OLDER ADULTS WE SERVE, AS WELL AS FAMILIES, EMPLOYEES, VOLUNTEERS AND PARTNERS. 0 0 12608309 8654996 ASBURY COMMUNITIES, INC. PROVIDES INNOVATIVE SERVICES THAT SUPPORT THE HEALTH AND WELL-BEING OF SENIORS. PROVIDED ADMINISTRATIVE AND MANAGEMENT SERVICES TO SUPPORTED ORGANIZATIONS LOCATED IN PENNSYLVANIA, OKLAHOMA, TENNESSEE AND MARYLAND. THESE SUPPORTED ORGANIZATIONS ARE CONTINUING CARE RETIREMENT COMMUNITIES WHICH INCLUDE RESIDENTIAL LIVING UNITS FOR THE AGED, ASSISTED LIVING UNITS AND SKILLED NURSING FACILITIES. IN ADDITION, ASBURY COMMUNITIES, INC. PROVIDES MANAGEMENT SERVICES TO ASBURY COMMUNITIES HCBS, INC. WHICH PROVIDES HOME CARE AND HOME HEALTH SERVICES FOR OLDER ADULTS. ALL OF THE SUPPORTED ORGANIZATIONS ARE NOT FOR PROFIT 501(C)(3) TAX EXEMPT ORGANIZATIONS. A PORTION OF THE $8.7M ASBURY COMMUNITIES REVENUE IS FOR MANAGEMENT SERVICES CONTRACTED TO AND PAID FOR BY THE ASBURY GROUP, INC., A WHOLLY OWNED SUBSIDIARY OF ASBURY COMMUNITES, INC. 12608309 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 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 1 0 0 0 1 413 0 100 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X X ANDREW JEANNERET CFO 3012502100 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 X ROBERT BOYD CHAIR 2.00 X X 0 0 0 THOMAS HOLETS VICE CHAIR 2.00 X X 0 0 0 DR ROBERT BURKE DIRECTOR 2.00 X 0 0 0 NELLIE COLE DIRECTOR 2.00 X 0 0 0 LOU GRAMMES DIRECTOR 2.00 X 0 0 0 CAROLYN STAMATAKIS DIRECTOR 2.00 X 0 0 0 LARRY PARKS DIRECTOR 2.00 X 0 0 0 NICK SERENYI DIRECTOR 2.00 X 0 0 0 ANNICE CODY DIRECTOR 2.00 X 0 0 0 JEFF ERNICO DIRECTOR 2.00 X 0 0 0 LORRAINE SEXTON DIRECTOR 2.00 X 0 0 0 DOUG LEIDIG PRESIDENT 56.00 4.00 X X 811734 0 26157 ANDREW JOSEPH ASST. SECRETARY 52.00 8.00 X 251163 0 22816 KIM EHRENFRIED ASST. TREASURER 52.00 8.00 X 217609 0 23888 RHONDA TERANTO ASST. TREASURER 53.00 7.00 X 218503 0 20664 ANDREW JEANNERET CFO 53.00 7.00 X 348064 0 20993 PEGGY CRESPI KAPLAN VP, ASST. SECRETARY-END 2/2/2018 60.00 X 354505 0 16556 SUE DACAMARA COO 57.00 3.00 X 422966 0 22667 MELISSSA HADLEY REGIONAL VP OPERATIONS-END 2/2/2018 50.00 X 316592 0 17725 JUAN OCASIO EVP HUMAN RESOURCES 60.00 X 289707 0 22915 MICHAEL REYNOLDS DIRECTOR PROJECT DEVELOPMENT 50.00 X 268574 0 24886 ROBIN STERN REGIONAL DIRECTOR OF OPS 60.00 X 241457 0 24174 JONATHAN MORRISON DIRECTOR OF BUSINESS INFO SYSTEMS 50.00 0.00 X 198427 0 29822 3939301 0 273263 29 0 1 0 LW CONSULTING 5925 STEVENSON AVE SUITE G HARRISBURG PA 17112 CONSULTING 376792 SULLIVAN COTTER & ASSOCIATES 62272 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 COMPENSATION REVIEW 248293 STANTON COMMUNICATIONS 1875 CONNECTICUT AVE NW WASHINGTON DC 20009 PUBLIC RELATIONS 104085 RKL LLC 3501 CONCORD ROAD YORK PA 17402 CONSULTING 102621 4 MANAGEMENT FEES 541610 8654996 8654996 8654996 1360862 10815 1350047 10570813 10973816 -403003 -403003 -403003 9612855 8654996 10815 947044 2778285 1940394 837891 5526635 5412788 113847 419217 316490 102727 504308 359012 145296 515101 441709 73392 1516471 1516471 53779 50179 3600 1097164 1056555 40609 370032 121024 249008 583321 497883 85438 13373 13373 1308 1075 233 367110 351233 15877 738700 738700 37404 37404 BOARD RELATED EXPENSES 315062 21019 294043 DUES AND SUBSCRIPTIONS 161585 126847 34738 EDUCATION AND TRAINING 84910 79520 5390 BUSINESS MEALS 60046 54372 5674 240178 210961 29217 15383989 12608309 2775680 0 12762201 12088983 143703 233322 4586372 1732066 3087883 2854306 32981421 29837307 2029658 2413544 51004866 47427462 19855138 23385950 136954 506047 10106319 4960471 30098411 28852468 X 20906455 18574994 20906455 18574994 51004866 47427462 X -5771134 -2212870 5652543 X X 0 1 X 1 0 X X X 8 ASBURY ATLANTIC INC 520607956 10 1 0 0 INVERNESS VILLAGE 731539802 10 1 0 0 ACOMM HCBS INC 450634490 10 1 0 0 ASBURY FOUNDATION INC 521862674 7 1 0 0 CALVERT COUNTY NURSING CENTER INC 520890928 10 1 0 0 ASBURY INC 620630670 10 1 0 0 BETHANY DEVELOPMENT CORPORATION 232078064 10 1 0 0 ASBURY SOLOMONS INC 521862675 10 1 0 0 8 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 SCHEDULE A, PART I, LINE 12G, COLUMN VI ASBURY COMMUNITIES, INC. PROVIDES SUPPORT THROUGH ITS EXECUTIVE MANAGEMENT FUNCTIONS AS WELL AS POLICY AND OVERALL GUIDANCE TO ITS SUPPORTED ORGANIZATIONS, ASBURY ATLANTIC, INC., ASBURY-SOLOMONS, INC., INVERNESS VILLAGE, AN OKLAHOMA NOT-FOR-PROFIT CORPORATION, ASBURY COMMUNITIES HCBS, INC., ASBURY FOUNDATION, INC, ASBURY, INC., BETHANY DEVELOPMENT CORPORATION, AND CALVERT COUNTY NURSING CENTER, INC. THESE SERVICES INCLUDE FINANCE, LEGAL, ACCOUNTING, HUMAN RESOURCES, COMMUNICATIONS, INFORMATION TECHNOLOGY, GOVERNANCE SUPPORT AND MARKETING SUPPORT TO THE SUPPORTED ORGANIZATIONS NOTED ABOVE. ASBURY COMMUNITIES, INC. HAS A MANAGEMENT SERVICES AGREEMENT WITH ITS SUPPORTED ORGANIZATIONS WHICH OUTLINES THE MANAGEMENT SERVICES PROVIDED. FOR THE PURPOSE OF SCHEDULE A PART I LINE 12G(VI), THE AMOUNT OF OTHER SUPPORT HAS NOT BEEN ATTRIBUTED TO ANY OF THE INDIVIDUAL SUPPORTED ORGANIZATIONS. HOWEVER, THE ORGANIZATION DOES BELIEVE THE AMOUNT OF SUPPORT PROVIDED TO THESE ENTITIES IS $15,232,019, A PORTION OF WHICH ASBURY COMMUNITIES IS REIMBURSED FOR. ALSO INCLUDED IN TOTAL EXPENSES IS $151,970 OF SUPPORT PROVIDED TO THE ASBURY GROUP, INC. FOR WHICH ASBURY COMMUNITIES IS REIMBURSED. THE TOTAL OF THESE AMOUNTS EQUALS $15,383,989 - TOTAL EXPENSE REPORTED IN PART IX IN THE FORM 990. SCHEDULE A, PART IV, SECTION E, LINE 3A THE ORGANIZATION'S BOARD OF DIRECTORS HAS RESERVED POWERS TO REMOVE AND ELECT DIRECTORS OF THE SUPPORTED ORGANIZATIONS. SCHEDULE A, PART IV, SECTION E, LINE 3B THE ORGANIZATION PROVIDES OPERATIONAL, LEGAL, INFORMATION TECHNOLOGY, FINANCIAL, AND CLINICAL OVERSIGHT SERVICES PURSUANT TO ITS MANAGEMENT SERVICES AGREEMENTS WITH EACH SUPPORTED ORGANIZATION. IN THAT REGARD, THE ORGANIZATION SETS OR PROVIDES SIGNIFICANT INPUT IN THE POLICIES AND PROCEDURES THAT GOVERN THESE FUNCTIONAL AREAS AT THE SUPPORTED ORGANIZATION. ADDITIONALLY, FOR PURPOSES OF EFFICIENCY, CERTAIN ACTIVITIES ARE CENTRALIZED AT THE ORGANIZATION'S HOME OFFICE AND THEREBY GUIDED BY THE POLICIES AND PROCEDURES AS SET BY THE ORGANIZATION. SCHEDULE A, PART IV, SECTION D, LINE 3 THE FINANCE AND INVESTMENT COMMITTEE, WHICH HAVE VOTING REPRESENTATION FROM THE SUPPORTED ORGANIZATIONS' BOARD MEMBERS, MAKE INVESTMENT RECOMMENDATIONS AND RECOMMENDATIONS ON FINANCIAL MATTERS AND REVIEW ALL OF THE BUDGETS OF THE VARIOUS ENTITIES IN THE ASBURY SYSTEM PRIOR TO THESE MATTERS BEING PRESENTED TO THE BOARD OF THE SUPPORTING AND/OR SUPPORTED ORGANIZATIONS FOR ACTION. TO DATE THE RECOMMENDATIONS OF THE FINANCE AND INVESTMENT COMMITTEE HAVE BEEN FOLLOWED IN ALL INSTANCES. PART IV, SECTION A, LINE 5A: (I) CALVERT COUNTY NURSING CENTER, INC. 52-0890928 (II) ACOMM SOLD CALVERT COUNTY NURSING CENTER ON OCTOBER 1, 2018 TO HOSPITAL ROAD REALTY, LLC. 164581 18968 145613 4421791 1713098 2708693 2854306 DEPOSITS 679292 OTHER RECEIVABLES 442636 INVESTMENT IN THE ASBURY GROUP, INC. 1291616 2413544 DUE TO SUPPORTED ORGANIZATIONS, NET 4960471 4960471 X PART X, LINE 2: ACOMM AND AFFILIATES, EXCEPT TAG AND IVA, INC., ARE 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. TAG AND IVA ARE ORGANIZED AS FOR-PROFIT ENTITIES AND ARE SUBJECT TO FEDERAL AND STATE INCOME TAXES. INCOME TAXES FOR TAG AND IVA ARE RECORDED AS DEFERRED TAX ASSETS AND INCLUDED IN OTHER RECEIVABLES AND PREPAID EXPENSES IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS TO REFLECT TEMPORARY BOOK AND TAX DIFFERENCES. 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. X X X X X X 1 1 0 1 0 0 0 0 0 DOUG LEIDIG PRESIDENT 520936 0 30000 0 260798 0 10900 0 15257 0 837891 0 0 0 ANDREW JOSEPH ASST. SECRETARY 235977 0 14003 0 1183 0 10380 0 12436 0 273979 0 0 0 KIM EHRENFRIED ASST. TREASURER 204740 0 12207 0 662 0 9392 0 14496 0 241497 0 0 0 RHONDA TERANTO ASST. TREASURER 203582 0 13048 0 1873 0 9355 0 11309 0 239167 0 0 0 ANDREW JEANNERET CFO 335169 0 11168 0 1727 0 8062 0 12931 0 369057 0 0 0 PEGGY CRESPI KAPLAN VP, ASST. SECRETARY-END 2/2/2018 40397 0 15452 0 298656 0 6275 0 10281 0 371061 0 0 0 SUE DACAMARA COO 399058 0 17874 0 6034 0 10900 0 11767 0 445633 0 0 0 MELISSSA HADLEY REGIONAL VP OPERATIONS-END 2/2/2018 87450 0 0 0 229142 0 7009 0 10716 0 334317 0 0 0 JUAN OCASIO EVP HUMAN RESOURCES 268426 0 19920 0 1361 0 10388 0 12527 0 312622 0 0 0 MICHAEL REYNOLDS DIRECTOR PROJECT DEVELOPMENT 245688 0 11842 0 11044 0 11276 0 13610 0 293460 0 0 0 ROBIN STERN REGIONAL DIRECTOR OF OPS 219350 0 19980 0 2127 0 10037 0 14137 0 265631 0 0 0 JONATHAN MORRISON DIRECTOR OF BUSINESS INFO SYSTEMS 188170 0 9342 0 915 0 8763 0 21059 0 228249 0 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, LINES 4A-B PEGGY KAPLAN LEFT THE ORGANIZATION ON 2/2/2018. SHE ROUTINELY WORKED 60 HOURS PER WEEK PRIOR TO HER DEPARTURE, AND SHE RECEIVED $297,162 SEVERANCE DURING 2018 UPON SEPARATING FROM THE ORGANIZATION. MELISSA HADLEY LEFT THE ORGANIZATION ON 2/2/2018. SHE ROUTINELY WORKED 50 HOURS PER WEEK PRIOR TO HER DEPARTURE, AND SHE RECEIVED $228,762 SEVERANCE DURING 2018 UPON SEPARATING FROM THE ORGANIZATION. DOUG LEIDIG, PRESIDENT, PARTICIPATES IN A 457(F) PLAN. HIS DISTRIBUTION WAS $241,336 IN 2018. PART I, LINE 5 EXECUTIVE INCENTIVE COMPENSATION IS BASED IN PART UPON THE OPERATING RATIO FROM THE CONSOLIDATED ASBURY COMMUNITIES, INC. FINANCIAL STATEMENTS. FORM 990, PART III, LINE 4 AS A NOT-FOR-PROFIT ORGANIZATION WITH A FAITH-BASED HERITAGE, ASBURY 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, OUR EFFORTS ARE FOCUSED IN THREE PRIMARY AREAS: -BENEVOLENT CARE -DEVELOPING SENIOR SERVICES WORKFORCE -SUPPORTING SENIOR WELLNESS IN THE REGIONS WHERE WE OPERATE PROVIDING PEACE OF MIND FOR RESIDENTS - BENEVOLENT CARE: A CORNERSTONE OF LIVING OUR MISSION IS ENSURING THAT RESIDENTS WHO OUTLIVE THEIR FINANCIAL RESOURCES CAN REMAIN IN THEIR HOME AT ASBURY. THE ASBURY FOUNDATION, A 501(C)(3) NOT-FOR-PROFIT ORGANIZATION THAT SECURES PHILANTHROPIC SUPPORT TO SUPPORT THE MISSION AND ENHANCE QUALITY OF LIFE FOR OLDER ADULTS SERVED BY THE ASBURY SYSTEM, WAS ESTABLISHED TO SUPPORT THESE EFFORTS. BENEVOLENT CARE: FOR YEARS 2016 THROUGH 2018, ASBURY PROVIDED A THREE YEAR AVERAGE OF MORE THAN $2.7 MILLION IN BENEVOLENT CARE TO ASBURY RESIDENTS WHO OUTLIVED THEIR FINANCIAL RESOURCES THROUGH NO FAULT OF THEIR OWN. THIS SUPPORT INCLUDED: -ASBURY METHODIST VILLAGE $1,485,638 -ASBURY PLACE $59,240* -ASBURY SOLOMONS $128,314 -BETHANY VILLAGE $801,725 -INVERNESS VILLAGE $254,680 -SPRINGHILL $11,846 TOTAL BENEVOLENT CARE $2,741,443 *3 YEAR AVERAGE FOR ASBURY PLACE INCLUDES ONLY 5 MONTHS FOR 2016. SUPPORTING SENIOR WELLNESS IN THE REGIONS WHERE WE OPERATE: FOR THREE WEEKS BEGINNING AFTER CHRISTMAS, ASBURY ASSOCIATES DONATED FOOD FOR NEEDY SENIORS IN FREDERICK COUNTY, GATHERING 400 POUNDS OF FOOD AND RAISING $500 IN CASH. ASBURY FORGED A RELATIONSHIP WITH THE FREDERICK COUNTY DEPARTMENT OF AGING AND TOOK RESPONSIBILITY FOR DELIVERING MEALS TO FREDERICK COUNTY SENIORS. EACH TUESDAY, ASSOCIATES FROM THE ASBURY SUPPORT AND COLLABORATION CENTER SUPPORT THEIR LOCAL MEALS ON WHEELS, DELIVERING MEALS TO FOOD-INSECURE SENIORS LIVING IN FREDERICK COUNTY. TRAINING THE NEXT GENERATION OF LEADERS AND PROFESSIONALS FOR AGING SERVICES: -ASBURY WAS ACTIVELY INVOLVED WITH LEADINGAGE, AN ASSOCIATION OF NOT-FOR-PROFIT SENIOR SERVICES, INCLUDING: -SEVERAL ASBURY ASSOCIATES PRESENTED AT STATE AND NATIONAL LEADINGAGE CONFERENCES THAT ASSISTED CONTINUING EDUCATION PRIORITIES FOR NON-PROFIT AGING SERVICES PROVIDERS. -SUPPORTED ONGOING LEADERSHIP DEVELOPMENT THROUGH PARTICIPATION IN LEADINGAGE'S NATIONAL LEADERSHIP ACADEMY, AND MOST RECENTLY THROUGH HELPING TO LAUNCH THE STATE LEADERSHIP ACADEMY FOR LEADINGAGE MD/DC/VA/DE. -IN 2018, AN ASBURY EXECUTIVE SERVED AS A PEER REVIEWER AND DESIGNATED READER FOR THE UNITED METHODIST ASSOCIATION COMMISSION. OTHER/COMMUNITY SUPPORT: -TWO ASBURY STAFF MEMBERS PARTNERED WITH THE AMERICAN RED CROSS TO COORDINATE AND RUN TWO BLOOD DRIVES IN 2018, RESULTING IN 155 UNITS OF BLOOD COLLECTED WITH POTENTIALLY 465 LIVES HELPED/SAVED. ONE VOLUNTEERED AS BOARD BLOOD SERVICES COMMITTEE CHAIR FOR THE AMERICAN RED CROSS CENTRAL MARYLAND BOARD. -AS AN ORGANIZATION WITH A 90-PLUS YEAR LEGACY, WE BELIEVE IN PRESERVING THE EARTH AND ITS RESOURCES FOR THE EARTH AND ITS RESOURCES FOR THE GENERATIONS TO COME. THROUGH AN ENERGY CONSERVATION PARTNERSHIP WITH SODEXO SENIOR SERVICES, ASBURY CONTINUES TO REDUCE OUR CARBON FOOTPRINT IN THE REGIONS WHERE WE OPERATE - ONE WAY WE HONOR OUR CORE VALUE OF STEWARDSHIP. IN THE FIVE YEARS SINCE WE BEGAN OUR ENERGY MANAGEMENT PROGRAM, ASBURY HAS LOWERED IT CARBON EMISSIONS BY 5,000 TONS, OR 12 PERCENT, THROUGH REDUCTIONS IN OUR ELECTRICITY AND NATURAL GAS USAGE AND THROUGH ONGOING FLEET MANAGEMENT. WE REDUCED ELECTRICITY CONSUMPTION BY JUST OVER 6.1 MILLION KILOWATT HOURS, OR 14%; LOWERED NATURAL GAS CONSUMPTION BY MORE THAN 158,000 THERMS, OR 8 PERCENT; AND SAVED MORE THAN 8 MILLION GALLONS OF WATER. -AN ASBURY EXECUTIVE PARTICIPATED IN A MONTGOMERY MOVING FORWARD EDUCATION SESSION; A COLLECTIVE VOICE OF NONPROFITS OF ALL SIZES AND MISSIONS. -EACH ASBURY COMMUNITY STRIVES TO BE A FORCE FOR GOOD IN THEIR REGION, IDENTIFYING AREA NEEDS AND WORKING WITH PARTNER ORGANIZATIONS TO ADDRESS THOSE NEEDS. BELOW IS A SAMPLING OF THE PARTNERSHIPS THAT EXPAND OUR MISSION. -ALZHEIMER'S ASSOCIATION -CALVERT COUNTY INTERFAITH COUNCIL -CALVERT COUNTY HOSPICE -CATHOLIC CHARITIES OF TULSA -CARING COMMUNITIES -COMMUNITY FOOD RESCUE -ERIE COUNTY DEPARTMENT OF AGING -ERIE VETERANS AFFAIRS MEDICAL CENTER -FARMING FOR HUNGER -FRIENDS OF CALVERT COUNTY SENIORS -JEWISH COUNCIL FOR AGING SHARE -KINGSPORT SENIOR CENTER -LIFE SENIOR SERVICES -MANNA FOOD CENTER OF MONTGOMERY COUNTY -MEALS ON WHEELS -MONTGOMERY COUNTY COALITION FOR THE HOMELESS -NEW HOPE MINISTRIES FOOD PANTRY -NATIONAL AREA PARKINSON'S ASSOCIATION -PARKINSON'S PARTNERS -TULSA DAY CENTER FOR THE HOMELESS -VINTAGE AFFORDABLE HOUSING OF TULSA -UNITED WAY -ASBURY ASSOCIATES BRING A MISSION FOCUS, WEALTH OF EXPERIENCE, AND INNOVATIVE IDEAS TO AGING SERVICES. WE SHARE THAT THROUGH PRESENTATIONS AND COLLABORATIONS WITH INDUSTRY ORGANIZATIONS AND THEIR BOARDS IN ALL OF THE REGIONS WHERE WE OPERATE. HERE ARE A FEW.: -ACCESS TO CARE -AMERICAN RED CROSS -CARF INTERNATIONAL -CARING COMMUNITIES -EAGLE ACCREDITATION COMMISSION -INTERNATIONAL COUNCIL FOR ACTIVE AGING -LEADINGAGE NATIONAL AND STATE CHAPTERS 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 8B IN 2018, THE BOARD COMMITTEES COULD NOT ACT ON BEHALF OF THE FULL BOARD BECAUSE THE COMMITTEES INCLUDED NON-BOARD MEMBERS. 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., 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 COMMUNITIES HCBS, ASBURY, INC., 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 REPORT WAS MADE TO THE BOARD THAT THERE WERE NO CONFLICTS DURING 2018. 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 PROTOCOL 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 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON OUR WEBSITE. FORM 990, PART VII, SECTION A THE COMPENSATION OF ASBURY COMMUNITIES' OFFICERS AND KEY EMPLOYEES AS SHOWN ON THE FORM 990, PART VII, SECTION A, NOT ONLY RELATES TO THEIR RESPONSIBILITIES AT ASBURY COMMUNITIES, INC. BUT ALSO REFLECTS THEIR RESPONSIBILITY TO PROVIDE EXECUTIVE MANAGEMENT FUNCTIONS, AS WELL AS POLICY AND OVERALL GUIDANCE TO ITS SUPPORTED AND RELATED ORGANIZATIONS. THESE ORGANIZATIONS INCLUDE ASBURY ATLANTIC, INC., ASBURY-SOLOMONS, INC., INVERNESS VILLAGE, AN OKLAHOMA NOT-FOR-PROFIT CORPORATION, CALVERT COUNTY NURSING CENTER, INC., ASBURY COMMUNITIES HCBS, INC., ASBURY, INC., ASBURY FOUNDATION, INC., AND BETHANY DEVELOPMENT CORPORATION. ASBURY COMMUNITIES, INC., THE SUPPORTING PARENT COMPANY ALONE HAD 81 EMPLOYEES AS OF 12/31/2018. THE FORM 990, PART VII, SECTION A, HAS 29 INDIVIDUALS EARNING $100,000 OR MORE. ASBURY HAS A HIGH PERCENTAGE OF HIGHLY COMPENSATED INDIVIDUALS SINCE THESE SUPPORT POSITIONS ARE NOT STAFFED AT THE AFFILIATE LEVEL. THESE ASBURY COMMUNITIES, INC. EXECUTIVES PROVIDE GUIDANCE AND SUPPORT FOR ALL OF OUR SUPPORTED ORGANIZATIONS WHICH HAVE OVER 2,400 TOTAL EMPLOYEES. 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 XI, LINE 9: TRANSFERS TO AND FROM SUPPORTED ORGANIZATIONS 588,000. SALE OF CCNC 5,064,543. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN OVERSIGHT PROCESS FROM THE PRIOR YEAR. 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 1 INVERNESS VILLAGE 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 731539802 HOUSING AND HEALTHCARE FOR OLDER ADULTS OK 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 1 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 1 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 1 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 1 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 1 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 1 ASBURY INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 620630670 HOUSING AND HEALTHCARE FOR OLDER ADULTS TN 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 1 BETHANY DEVELOPMENT CORPORATION 335 WESLEY DRIVE MECHANICSBURG PA 17055 232078064 HOUSING FOR OLDER ADULTS PA 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 1 THE ASBURY GROUP INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 205038820 MANAGEMENT SERVICES DE ASBURY COMMUNITIES INC C -1327794 602609 1.00000 1 THE ASBURY GROUP INTEGRATED TECHNOLOGIES LLC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 262896175 INFO & CONSLT SVCS DE ASBURY COMMUNITIES INC C -632584 2966353 1.00000 1 IVA INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 562362361 HOLDS LIQUOR LICENSES OK ASBURY ATLANTIC & INVERNESS VILLAGE C 1.00000 1 0 0 0 1 1 0 0 0 0 1 0 1 1 1 1 1 1 1 1 DUE FROM ASBURY COMMUNITIES HCBS INC D 5128084 ACCRUAL BASIS DUE FROM INVERNESS VILLAGE D 37455764 ACCRUAL BASIS DUE FROM ASBURY ATLANTIC D 4287862 ACCRUAL BASIS DUE FROM THE ASBURY GROUP INC D 4250048 ACCRUAL BASIS DUE FROM ASBURY INC D 1268235 ACCRUAL BASIS DUE TO ASBURY FOUNDATION E 5309890 ACCRUAL BASIS DUE TO ASBURY ATLANTIC E 52208636 ACCRUAL BASIS ASBURY ATLANTIC L 8389427 ACCRUAL BASIS INVERNESS VILLAGE L 1054979 ACCRUAL BASIS ASBURY INC L 337205 ACCRUAL BASIS ASBURY COMMUNITIES HCBS INC L 155842 ACCRUAL BASIS CALVERT COUNTY NURSING CENTER L 232666 ACCRUAL BASIS THE ASBURY GROUP INC L 121704 ACCRUAL BASIS THE ASBURY GROUP INC M 7781110 ACCRUAL BASIS THE ASBURY GROUP INC O 43875 ACCRUAL BASIS ASBURY ATLANTIC S 588000 ACCRUAL BASIS