2018-11-15T08:14:43-06:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2017-01-01 830344521 WHITEMARSH CONTINUING CARE RETIREMENT COMMUNITY WHIT 2154028500 4000 FOX HOUND DRIVE LAFAYETTE HILL PA 19444 JUDITH MCGRUTHER CEO 2154028500 2018-11-14 1 BERNADETTE O'TOOLE CPA P00229258 2156433900 67.137.57.251 2018-11-14 11:32:50 ES P AF616F116917C551B4DEF99051D0BDBE8FF0EACC E28AEFA4ECDB649C1FDF3372510CB31FB712F442 2017 2019-02-21 02:37:17Z JUDITH MCGRUTHER 4000 FOX HOUND DRIVE LAFAYETTE HILL PA 19444 42291116 0 X WWW.THEHILLATWHITEMARSH.ORG X 2001 PA TO PROVIDE QUALITY RESIDENTIAL AND HEALTH CARE SERVICES TO SENIOR CITIZENS IN OUR SURROUNDING COMMUNITIES TO ALLOW OUR RESIDENTS TO LIVE AS INDEPENDENT A LIFESTYLE AS POSSIBLE WITH DIGNITY AND COMPASSION. 19 18 381 100 0 0 497167 462965 29934457 31473907 112047 140182 1116672 1279057 31660343 33356111 0 0 0 0 10403062 11652668 0 0 0 25509685 25005283 35912747 36657951 -4252404 -3301840 205731146 203350728 253603862 254538452 -47872716 -51187724 TO PROVIDE QUALITY RESIDENTIAL AND HEALTH CARE SERVICES TO SENIOR CITIZENS IN OUR SURROUNDING COMMUNITIES TO ALLOW OUR RESIDENTS TO LIVE AS INDEPENDENT A LIFESTYLE AS POSSIBLE WITH DIGNITY AND COMPASSION. 0 0 33215776 0 31473907 WHITEMARSH CONTINUING CARE RETIREMENT COMMUNITY OWNS AND OPERATES A CONTINUING CARE RETIREMENT COMMUNITY WHICH PROVIDES HOUSING, HEALTH CARE, DINING, WELLNESS AND RELATED SERVICES AND AMENITIES TO SERVE ITS 62 AND OLDER SENIOR RESIDENTS. THE COMMUNITY IS COMPRISED OF 179 APARTMENT RESIDENCES, 86 ATTACHED AND DETACHED SINGLE FAMILY HOMES, 60 SKILLED NURSING ROOMS AND 28 ASSISTED LIVING SUITES IN THE HEALTH CENTER AND DINING AND WELLNESS FACILITIES LOCATED ON 96 ACRES IN WHITEMARSH TOWNSHIP, PENNSYLVANIA. AS OF DECEMBER 31, 2017, 228 OF THE RESIDENCES WERE OCCUPIED. 33215776 1 1 0 0 0 0 0 0 1 0 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 1 87 0 381 1 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X WILLIAM MCCORMICK CFO 2154028720 4000 FOX HOUND DRIVE LAFAYETTE HILL PA 19444 RICHARD DICK JONES CHAIRMAN 2.00 X X 0 0 0 BRUCE WILSON VICE CHAIRMAN 1.00 X X 0 0 0 HENRY CROUTER TREASURER 1.00 X X 0 0 0 HUGH MOULTON SECRETARY 1.00 X X 0 0 0 LUCY AMERMAN DIRECTOR 0.50 X 0 0 0 JOHN BINSWANGER DIRECTOR 0.50 X 0 0 0 PHILIP DEMING DIRECTOR 0.50 X 0 0 0 EDITH DIXON DIRECTOR 0.50 X 0 0 0 LOUISE JOHNSTON DIRECTOR 0.50 X 0 0 0 NEIL LUBARSKY DIRECTOR 0.50 X 0 0 0 WILLIAM MARAZZO DIRECTOR 0.50 X 0 0 0 WILLIAM MCDOWELL III DIRECTOR 0.50 X 0 0 0 SUSAN PARKS DIRECTOR 0.50 X 0 0 0 FRANK REED DIRECTOR 0.50 X 0 0 0 DEBRA ROBERTS DIRECTOR 0.50 X 0 0 0 PETER RYAN DIRECTOR 0.50 X 0 0 0 MACK STULB DIRECTOR 0.50 X 0 0 0 NORMAN WILDE JR DIRECTOR 0.50 X 0 0 0 JUDITH MCGRUTHER CHIEF EXECUTIVE OFFICER 50.00 X X 410870 0 15796 WILLIAM MCCORMICK CHIEF FINANCIAL OFFICER 50.00 X 205803 0 15892 PETER FLEMING CHIEF OPERATING OFFICER 50.00 X 235513 0 16469 PAUL LEE DIRECTOR OF DINING 50.00 X 108517 0 9860 EMILY LIEBERT RNAC 40.00 X 107913 0 9533 SUSAN MCMENAMIN HUMAN RESOURCES DIRECTOR 50.00 X 115802 0 10995 SUSAN PARK DIRECTOR OF NURSING 50.00 X 108496 0 3000 AMY SNYDER HEALTHCARE ADMINISTRATOR 50.00 X 127250 0 16619 1420164 0 98164 10 0 1 0 SENIOR HEALTH VENTURES LLC 1 RAYMOND DRIVE BLDG 1 SUITE 5 HAVERTOWN PA 19083 HOME CARE COMPANION 1514073 FUNCTIOUGRNAL PATHWAYS 10133 SHERRILL BLVD SUITE 200 KNOXVILLE TN 37932 THERAPY PROVIDER 1346132 WARFEL CONSTRUCTION 1110 ENTERPRISE ROAD EAST PETERSBURG PA 17520 GENERAL CONTRACTOR 1065197 RJL SERVICES INC PO BOX 286 1 BEVERLY ROAD HILLTOWN PA 18924 GENERAL CONTRACTOR 825193 US FOODS INC PO BOX 7780-4038 PHILADELPHIA PA 191824038 FOOD SUPPLY PROVIDER 456189 22 462965 462965 RESIDENT CARE FEES 623000 27447529 27447529 AMORT OF DEFERRED ENTRANCE FEES 623000 3377607 3377607 MEDICAL CARE FEES 623000 648771 648771 31473907 221552 221552 42016 0 42016 42016 42016 8853635 8935005 -81370 -81370 -81370 MEAL REVENUE 722210 475361 475361 HOME CARE REVENUE 900099 224720 224720 UTILITIES REVENUE 221000 194385 194385 342575 342575 1237041 33356111 31473907 0 1419239 900343 900343 8966718 8357474 609244 96880 96880 858830 809547 49283 829897 618190 211707 44765 44765 83808 83808 1267827 1267827 385789 356605 29184 4941016 4451739 489277 339061 113408 225653 3323499 3267677 55822 2834 2221 613 17976 14320 3656 6261597 6261597 7552934 7552934 565734 565734 REPAIRS AND MAINTENANCE 131154 131154 DUES AND SUBSCRIPTIONS 51994 11083 40911 EDUCATION AND TRAINING 35295 35295 36657951 33215776 3442175 0 3033554 13569946 5079654 205167 1104337 1612209 1255604 1039813 240300864 64188881 179828090 176111983 14690805 10107379 739102 704231 205731146 203350728 2825941 2385886 123240822 123479124 120965020 119502065 234279 437081 3177218 5565332 3160582 3168964 253603862 254538452 X -47876801 -51212319 4085 24595 -47872716 -51187724 205731146 203350728 -3301840 -13168 0 X 0 1 X 1 0 X 2028517 573857 1394958 497167 462965 4957464 29504030 29958358 29675092 29934457 31473907 150545844 31532547 30532215 31070050 30431624 31936872 155503308 1702725 189045 661761 175537 28076 2757144 0 1702725 189045 661761 175537 28076 2757144 152746164 158502 131416 188196 207215 263568 948897 158502 131416 188196 207215 263568 948897 916428 984873 4720573 1083480 1237041 8942395 32607477 31648504 35978819 31722319 33437481 165394600 0.92350 0.91610 0.00570 0.00530 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE 0 1 X 14343480 14343480 219949722 59305553 160644169 6007662 4883328 1124334 176111983 INTEREST PAYABLE ON BONDS 3129228 INTEREST PAYABLE ON NOTES 39736 3168964 X 33342943 -13168 -13168 33356111 0 33356111 36657951 0 36657951 0 36657951 PART IV, LINE 2B: DEPOSITS FROM PROSPECTIVE RESIDENTS CONSISTING OF RESERVATION FEE DEPOSITS ARE RECEIVED FROM PROSPECTIVE RESIDENTS PURSUANT TO THE EXECUTION OF THE RESIDENCY AGREEMENT AND GENERALLY REPRESENT 10% OF THE TOTAL ENTRANCE FEE FOR THE UNIT SELECTED. THE DEPOSITS ARE APPLIED TO THE TOTAL ENTRANCE FEE DUE UPON OCCUPANCY. PART X, LINE 2: THE CORPORATION HAS BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND STATE CORPORATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. THE CORPORATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAS NO IMPACT ON THE CORPORATION'S FINANCIAL STATEMENTS. 1 X X X X X X 0 1 0 0 0 0 0 0 0 JUDITH MCGRUTHER CHIEF EXECUTIVE OFFICER 334380 0 65058 0 11432 0 8360 0 7436 0 426666 0 0 0 WILLIAM MCCORMICK CHIEF FINANCIAL OFFICER 179750 0 26053 0 0 0 4494 0 11398 0 221695 0 0 0 PETER FLEMING CHIEF OPERATING OFFICER 202898 0 32615 0 0 0 5072 0 11397 0 251982 0 0 0 PART I, LINE 4B JUDITH MCGRUTHER PARTICIPATED IN THE 457F PLAN AND MADE CONTRIBUTIONS OF $18,000 DURING 2017. A MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232245125 613609B96 2015-03-12 125313677 REFINANCE DEBT (2005 AND 2008 BONDS) AND CAPITAL PROJECTS 0 0 0 A 2668677 125313677 7833638 6612853 2506273 3606913 104754000 2015 1 1 1 1 A 0 1 0 0 0.00220 0.00220 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K PART IV LINE 2C COL. A AND B THE REBATE COMPUTATION FOR THE 2005 AND 2008 BOND WAS PERFORMED IN OCTOBER 2018. FORM 990, PART VI, SECTION A, LINE 1 AN EXECUTIVE COMMITTEE AND/OR ANY OTHER STANDING OR TEMPORARY COMMITTEE, CONSISTING OF TWO (2) OR MORE DIRECTORS, MAY BE APPOINTED BY THE BOARD OF DIRECTORS FROM TIME TO TIME. EACH SUCH COMMITTEE SHALL HAVE AND EXERCISE SUCH AUTHORITY OF THE BOARD OF DIRECTORS ON BEHALF OF THE CORPORATION IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION AS THE BOARD MAY SPECIFY IN THE RESOLUTION ESTABLISHING SUCH COMMITTEE OR AS THE BOARD BY RESOLUTION MAY SUBSEQUENTLY DETERMINE, WHICH MAY INCLUDE ANY ACTION WHICH THE PENNSYLVANIA NONPROFIT CORPORATION LAW OF 1988 PROVIDES SHALL OR MAY BE TAKEN BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN ACCOUNTING FIRM. THE FORM 990 IS REVIEWED BY THE BOARD AUDIT COMMITTEE AND THEN DISTRIBUTED TO THE WHOLE BOARD FOR THEIR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ANNUALLY BY EACH BOARD MEMBER AND SUBMITTED TO THE GOVERNANCE COMMITTEE OF THE BOARD FOR THEIR REVIEW. BASED ON THEIR REVIEW, THE GOVERNANCE COMMITTEE DETERMINES WHETHER A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS AND SUBMITS THE MATTER TO THE FULL BOARD FOR THEIR CONSIDERATION. THE FULL BOARD THEN DECIDES WHAT ACTION SHOULD BE TAKEN IN RESPONSE TO THE CONFLICT WHICH MAY INCLUDE THE RESIGNATION FROM THE BOARD OF THE MEMBER WITH A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE CEO BASED ON A REVIEW OF THE KEY EMPLOYEE'S PERFORMANCE RELATIVE TO THE ORGANIZATION'S GOALS, A REVIEW OF COMPENSATION AT COMPARABLE NONPROFIT ORGANIZATIONS FROM THEIR FORM 990, A REVIEW OF RELEVANT SALARY SURVEYS, WITH THE ADVICE OF THE EXECUTIVE COMMITTEE AND AN OUTSIDE, INDEPENDENT COMPENSATION CONSULTANT. COMPENSATION REVIEWS FOR THE OFFICERS KEY EMPLOYEES LAST OCCURRED IN 2017. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE POSTED TO A FINANCIAL DISCLOSURE WEB SITE, INCLUDED WITH THE PUBLICLY AVAILABLE DISCLOSURE STATEMENT OF THE COMMUNITY AND DISTRIBUTED UPON REQUEST TO ALL RESIDENTS OF THE COMMUNITY.