2018-05-07T09:52:57-05:00 2017-06-30 390859910 Baker Tilly Virchow Krause LLP 221 W Philadelphia Street Suite 200 York PA 17401 990 2016-07-01 521197548 Roland Park Place Inc ROLA 4102436815 830 west 40th street Baltimore MD 212112134 Keith T Spillane Vice President of Finance 4102436815 2018-05-07 1 Kerri N Bogda P00760402 7178467000 2016 2022-09-23 18:48:47Z Terry Snyder 830 west 40th street Baltimore MD 212112134 21157520 0 X www.rolandparkplace.org X 1980 MD retirement community that offers independent living, assisted living, and SKILLED nursing services. 15 14 331 18 0 0 33504 161878 19042958 19992548 1047942 627685 250945 204170 20375349 20986281 1489 4258 0 0 10469717 10517325 0 0 100484 8879402 9043514 19350608 19565097 1024741 1421184 58543108 65578451 61049189 64819940 -2506081 758511 X YOUR PLEASURE IN RETIREMENT - OUR AIM; YOUR PERSONAL WELL-BEING - OUR FOCUS; YOUR INTERESTS ENHANCED - OUR PLEDGE: THESE ARE THE MISSIONS OF ROLAND PARK PLACE, A CONTINUING CARE RETIREMENT COMMUNITY IN THE CITY OF BALTIMORE. 0 0 10087839 4258 12705218 INDEPENDENT LIVING - INDEPENDENT LIVING IS FOR THOSE IN THE COMMUNITY WHO ENJOY A FULLY FUNCTIONING, INDEPENDENT LIFESTYLE. ON-SITE WELLNESS OPTIONS INCLUDE A STATE-OF-THE-ART, STAFFED FITNESS CENTER AND POOL. INDIVIDUAL AND GROUP INSTRUCTION IS OFFERED. aN ON-SITE MEDICAL CLINIC IS STAFFED WITH NURSES, NURSE PRACTITIONERS, AND PHYSICIANS. CERTAIN ASSISTANCE IS PERMITTED IN THE APARTMENTS FOR THOSE WHOSE NEEDS REQUIRE ADDITIONAL SERVICES. THE COMMUNITY HAS 154 INDEPENDENT LIVING UNITS WITH AN ESTIMATED ANNUAL 62,050 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 170 RESIDENTS. 1724300 0 2171685 ASSISTED LIVING - RESIDENTIAL CARE, AN ASSISTED LIVING-LEVEL OF SERVICE, OFFERS A TRANSITION BETWEEN INDEPENDENT LIVING AND THE HEALTH CARE CENTER. FOR RESIDENTS WITH TEMPORARY OR PERMANENT PHYSICAL OR COGNITIVE CHALLENGES WHO ARE STILL SAFE AND COMFORTABLE WITH AN AUTONOMOUS LIFESTYLE, RESIDENTIAL CARE CAN OFFER JUST ENOUGH SUPPORT AND SAFETY WITHOUT TOO MUCH INTERVENTION. THE COMMUNITY OFFERS 29 UNITS FOR RESIDENTS WITH AN ESTIMATED ANNUAL 9,855 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 27 RESIDENTS. 4061780 0 5115645 NURSING CARE - THE HEALTH CARE CENTER PROVIDES BOTH LONG-TERM CARE AND SHORT-TERM REHABILITATION STAYS FOR RESIDENTS. THIS LEVEL OF RESIDENCY IS A COMPONENT OF ROLAND PARK PLACE'S "CONTINUING CARE" SERVICES. ON-SITE PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH AND AQUATIC THERAPY ARE OFFERED IN THE HEALTH CARE CENTER TO RESIDENTS WHO MAY NEED TO REGAIN THEIR STRENGTH AFTER A JOINT REPLACEMENT, A SURGERY OR OTHER HOSPITALIZATION. THE HEALTH CARE CENTER HAS 58 PRIVATE ROOMS FOR NURSING CARE, LICENSED AS COMPREHENSIVE CARE, AND HAS AN ANNUAL ESTIMATED 19,345 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 43 PERMANENT AND TEMPORARY RESIDENTS AND 10 PER DIEM RESIDENTS. A GENEROSITY OF SPIRIT AND TALENT DEFINES THE PEOPLE WHO CONTRIBUTE TO THE VIBRANCY OF ROLAND PARK PLACE AND OVER THE YEARS, OUR COMMITMENT AND PASSION TO COMMUNITY SERVICE HAS STRENGTHENED OUR TIES TO CITIZENS AND ESTABLISHED OUR PLACE IN THE NEIGHBORHOOD AS A SUPPORTIVE, CARING AND VALUED ALLY. WE NOT ONLY EMBRACE THE IDEA OF DIFFERENT NEIGHBORS, CIVIC GROUPS, BUSINESSES AND CITIZENS WORKING TOGETHER FOR THE BETTERMENT OF OUR COMMUNITY, WE ADVOCATE FOR IT. AS A NOT-FOR-PROFIT ORGANIZATION CHAMPIONING TEAMWORK, POSITIVE CHANGE AND CIVIC EMPOWERMENT, THE ROLAND PARK PLACE BOARD OF DIRECTORS APPOINTED A COMMUNITY INVOLVEMENT COMMITTEE (CIC) TO FURTHER STRENGTHEN OUR POSITION AS A RESPECTED PARTNER IN THE COMMUNITY AND REINFORCE OUR COMMITMENT TO PARTNERSHIPS AND SERVICE. OUR PHILOSOPHY INCLUDES A COMMITMENT TO SERVE AS A RESOURCE AND PROVIDER OF SERVICE TO THE GREATER BALTIMORE CITY COMMUNITY AND WE ACTIVELY SEEK OPPORTUNITIES TO ASSIST OUR SURROUNDING NEIGHBORS. RECENT EXAMPLES OF CIC COMMUNITY SERVICE IN THE CITY OF BALTIMORE INCLUDE: SERVING BREAKFAST TO HOMELESS AND NEEDY CITIZENS AT MANNA HOUSE ON 25TH AVENUE; MAKING AND DISTRIBUTING MEALS FOR THE HOMELESS THROUGH THE SALVATION ARMY, PROVIDING AND SORTING HOLIDAY GIFTS AND CLOTHING FOR THE SALVATION ARMY'S "ELF NIGHT" FOR THE WINTER HOLIDAYS; and COLLABORATING AT EVENTS OF THE 29TH STREET COMMUNITY CENTER. 15873919 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 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 1 0 0 0 0 1 1 1 0 0 1 63 1 1 331 1 0 0 0 0 0 0 0 0 0 1 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X William O'Brien CONTROLLER 4102437353 830 west 40th street Baltimore MD 212112134 Campbell Killefer Chair 0.90 0.10 X X 0 0 0 Leslie R Simmons Vice-Chair 0.90 0.10 X X 0 0 0 Joseph B Smith Jr Secretary 0.90 0.10 X X 0 0 0 Hugh L Robinson II Treasurer 0.90 0.10 X X 0 0 0 Teresa D Snyder President 39.70 0.30 X X 192316 0 8293 Christopher D Kearney MD Member at Large 0.90 0.10 X X 0 0 0 GERRITT BLAUVELT Board Member 0.90 0.10 X 0 0 0 Dr Lucy Holman Board Member 0.90 0.10 X 0 0 0 Daniel S Hudson Board Member 0.90 0.10 X 0 0 0 Kaylin Kopcho Board Member 0.90 0.10 X 0 0 0 DONALD A MCCONNELL Board Member 0.90 0.10 X 0 0 0 Jennifer Starfall Peeples Board Member 0.90 0.10 X 0 0 0 HON Mary Ellen Rinehardt Board Member 0.90 0.10 X 0 0 0 Norman A Sensinger Board Member 0.90 0.10 X 0 0 0 Lynne Campbell Young Board Member 0.90 0.10 X 0 0 0 Adrian S Johnson Board Member (term exp. Feb 2017) 0.90 0.10 X 0 0 0 KEITH T SPILLANE VICE PRESIDENT, FINANCE 39.70 0.30 X 151969 0 18689 ELIZABETH SIMANGO NURSE 54.70 X 106967 0 9189 TANYA ALLEN Director of Nursing 40.00 X 106652 0 9316 Carla A Goodman Director of Facilities 40.00 X 104333 0 4173 Rebecca Bees Director of Marketing 40.00 X 104105 0 16476 Prisca Ngenyi NURSE 50.00 X 103045 0 6890 869387 0 73026 8 0 1 0 CARDER CONsTRuCTION CO INC 2904 DUNLEER ROAD BALTIMORE MD 21222 CONSTRUCTION SVCS 1114823 Hord Coplan Macht Inc 750 East Pratt Street Baltimore MD 21202 ArchitectURAL SVCS 606153 GENESIS ELDERCARE REHAB PO BOX 821211 PHILADELPHIA PA 19182 THERAPY SERVICES 543491 Interior Design Associates Inc 618 Church Street Nashville TN 37219 Design Consultants 527170 Sysco Baltimore 8000 Dorsey Run Road Jessup MD 20794 Food Service 311809 21 161878 137790 161878 Monthly Service Fees 623000 11251798 11251798 Health Care Center Fees 623000 4581530 4581530 Earned Entrance Fees 623000 4159220 4159220 19992548 612733 612733 10418 4089 6329 6329 6329 119316 4300 108664 0 10652 4300 14952 14952 73738 58486 15252 15252 Food Services 623000 72205 72205 housekeeping revenue 623000 51833 51833 Beauty/Barber Shop income 623000 49526 49526 9025 9025 182589 20986281 19992548 0 831855 X 4258 4258 412705 412705 7867211 6650245 1158216 58750 195531 171003 23064 1464 1406059 1096384 299669 10006 635819 487705 143474 4640 44357 44357 66000 66000 379 379 75478 75478 2195499 1348263 847236 88170 88170 1047441 825364 196453 25624 9514 9514 1400250 1396831 3419 92030 46411 45619 354420 354420 1948927 1948927 215584 215584 FOOD & BEVERAGE 1117427 1117427 Medical Expense 201583 201583 Bad Debt Expense 69530 69530 Special Events 31257 31257 85668 85668 19565097 15873919 3590694 100484 2263 19692 3591461 1726412 1219513 1399118 103600 100356 104334 230941 69819104 39707040 25521654 30112064 24520667 28533968 171376 3308240 3455900 58543108 65578451 1350066 2851264 43624390 43795018 14767776 15613220 1306957 2560438 61049189 64819940 X -5877472 -2806185 3371391 3564696 -2506081 758511 58543108 65578451 X 1421184 3021768 -1178360 X 0 1 X 1 0 X 26323 36503 51855 33504 161878 310063 17164152 17154670 18692403 19042958 19992548 92046731 145532 147917 261544 221587 173564 950144 17336007 17339090 19005802 19298049 20327990 93306938 0 0 0 93306938 413170 418675 432507 558365 623151 2445868 413170 418675 432507 558365 623151 2445868 45261 1720 8903 91838 82763 230485 17794438 17759485 19447212 19948252 21033904 95983291 0.97210 0.97530 0.02550 0.02340 X Schedule A, Part III, Line 12, Explanation of Other Income: GIFT SHOP GROSS RECEIPTS - 2015 Amount: $ 86,265. 2016 Amount: $ 73,738. insurance reimbursement - 2012 Amount: $ 34,493. MISC INCOME - 2012 Amount: $ 1,723. 2013 Amount: $ 1,720. 2014 Amount: $ 8,903. 2015 Amount: $ 5,573. 2016 Amount: $ 9,025. resident reimbursements - 2012 Amount: $ 9,045. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 379 379 0 Part II-B, Line 1: ROLAND PARK PLACE IS A MEMBER OF LEADING AGE WHICH IS AN ORGANIZATION FOR SENIOR SERVICES PROVIDERS AND ASSOCIATES. A PORTION OF ANNUAL DUES IS ALLOCATED TO LOBBYING ACTIVITIES. 1955635 100197 207040 895 2261977 1941002 17714 2298 783 1955635 1878908 100 63324 500 830 1941002 1643009 1000 236219 500 820 1878908 1468884 175840 500 1215 1643009 0.00000 0.00000 1.00000 0 0 1013032 1013032 57952685 36938278 21014407 5036967 2768762 2268205 5816420 5816420 30112064 Due From Affiliates 3455900 3455900 Deposits 539541 Charitable Gift Annuities 20439 INTEREST RATE SWAP 1178360 ENTRANCE FEE REFUNDS 822098 2560438 23051797 3021768 -1018827 2002941 21048856 -62575 -62575 20986281 19787205 403253 403253 19383952 181145 181145 19565097 Part V, Line 4: All endowment funds are temporarily restricted and primarily used for resident assistance. Part XI, Line 2d - Other Adjustments: SUBSIDIARY REVENUE 159,533. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -1,178,360. Part XI, Line 4b - Other Adjustments: rental expenses -4,089. cost of goods sold -58,486. Part XII, Line 2d - Other Adjustments: expenses recorded for subsidiary 340,678. rental expenses 4,089. cost of goods sold 58,486. Part XII, Line 4b - Other Adjustments: consolidating adjustment 181,145. X X X X 0 0 0 0 0 0 0 0 0 Teresa D Snyder President 192316 0 0 0 0 0 7693 0 600 0 200609 0 0 0 KEITH T SPILLANE VICE PRESIDENT, FINANCE 151469 0 500 0 0 0 6079 0 12610 0 170658 0 0 0 A maryland health and higher educational facilities authority 520936091 2013-04-10 3698921 refunding of tax exempt bonds 0 0 0 B maryland health and higher educational facilities authority 520936091 2013-04-10 16267079 refunding of tax exempt bonds 0 0 0 C maryland health and higher educational facilities authority 520936091 2017-03-02 30000000 Building 0 0 0 A 3698921 3698921 2001 1 0 1 1 B 16267079 16267079 1983 1 0 1 1 C 30000000 10610 470715 4798225 24720450 2019 0 0 0 1 A 0 1 1 1 0 0.00690 0.00690 0 0 1 B 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 C 0 1 0 0 1 1 the columbia bank 13.000000000000 0 0 0 0 1 A 1 B 1 C 1 SCHEDULE K, PART III, LINE 4 AND 5: THE ORGANIZATION MAY HAVE SMALL AMOUNTS OF PRIVATE BUSINESS USE RELATED TO MANAGEMENT CONTRACTS AND/OR LEASE ARRANGEMENTS BUT THE AMOUNTS ARE MINIMAL AND HARD TO ESTIMATE. THE TOTAL IS FAR LESS THAN THE 5% THRESHOLD. THE ORGANIZATION IS PRUDENT IN ITS USE OF DEBT-FINANCED PROPERTY AND MONITORS USE OF ITS DEBT-FINANCED PROPERTY CLOSELY AND CAREFULLY. X 1 1350 RESALE VALUE X 3 136440 NYSE 0 0 0 1 Part I, Column (b): The number in column B represents the number of contributors. Part I, Line 32b: Roland Park Places utilizes Capital Auto to sell automobiles donated to the organization. Form 990, Part VI, Section A, line 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MAY ACT ON BEHALF OF THE BOARD WHEN THE BOARD IS NOT IN SESSION. Form 990, Part VI, Section B, line 11b initial review of the form 990 is performed internally by the vp of finance and the controller. THE BOARD OF DIRECTORS is then provided a copy of the Form 990 for review before the return is filed with the internal revenue service. Form 990, Part VI, Section B, line 12c EACH BOARD MEMBER, OFFICER, AND EMPLOYEE ANNUALLY SIGNS AN INDIVIDUAL DISCLOSURE STATEMENT. THE STATEMENT EXPRESSLY ASKS IF THE SIGNER HAS ANY FAMILY OR BUSINESS RELATIONSHIPS THAT MAY BE CONSTRUED AS A CONFLICT. THE STATEMENT REQUIRES ALL BOARD MEMBERS, OFFICERS, AND EMPLOYEES TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST TRANSACTIONS THAT NEED TO BE REVIEWED BY THE BOARD. IF THERE IS A CONFLICT OF INTEREST THEN THE BOARD MEMBER WILL NOT PARTICIPATE IN ANY VOTE REGARDING SUCH TRANSACTIONS AND THE ABSTENTION FROM VOTING SHALL BE INDIVIDUALLY RECORDED IN THE OFFICIAL BOARD OR COMMITTEE MEETING MINUTES. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE full board of DIRECTORS. Form 990, Part VI, Section B, line 15 COMPENSATION FOR THE PRESIDENT IS RECOMMENDED AND DOCUMENTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. EXECUTIVE COMPENSATION IS APPROVED BY THE FULL BOARD IN CLOSED SESSION. COMPARATIVE DATA IS USED TO ENSURE THAT ALL COMPENSATION DECISIONS REFLECT FAIR MARKET RANGE FOR THE INDUSTRY. THE PRESIDENT DETERMINES COMPENSATION FOR OTHER KEY EMPLOYEES SUCH AS THE VP OF FINANCE BY UTILIZING INDUSTRY-SOURCED DATA TO ENSURE A COMPENSATION PACKAGE WITHIN FAIR MARKET RANGE BY POSITION. MOST EMPLOYEES ARE SUBJECT TO A LIMITED RANGE OF ANNUAL INCREASE WHICH APPLIES TO ALL EMPLOYEES. Form 990, Part VI, Section C, line 19 ROLAND PARK PLACE, INC. MAKES ALL DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, line 11g Contractual Expenses: Program service expenses 182,515. Management and general expenses 18,000. Fundraising expenses 0. Total expenses 200,515. Purchased Services: Program service expenses 76,537. Management and general expenses 402,752. Fundraising expenses 0. Total expenses 479,289. security contract: Program service expenses 0. Management and general expenses 276,110. Fundraising expenses 0. Total expenses 276,110. consultants: Program service expenses 42,300. Management and general expenses 73,400. Fundraising expenses 0. Total expenses 115,700. medical services: Program service expenses 788,650. Management and general expenses 0. Fundraising expenses 0. Total expenses 788,650. other fees: Program service expenses 9,178. Management and general expenses 37,241. Fundraising expenses 0. Total expenses 46,419. pastoral care services: Program service expenses 13,763. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,763. equipment maintenance contracts: Program service expenses 235,320. Management and general expenses 0. Fundraising expenses 0. Total expenses 235,320. beauty shop fees: Program service expenses 0. Management and general expenses 38,233. Fundraising expenses 0. Total expenses 38,233. agency help: Program service expenses 0. Management and general expenses 1,500. Fundraising expenses 0. Total expenses 1,500. Form 990, Part XI, line 9: CHANGE IN FV OF INTEREST RATE SWAP -1,178,360. ROLAND PARK PLACE HEALTH CARE CORPORATION 830 WEST 40TH STREET BALTIMORE MD 21211 521387032 TO PROVIDE AMBULATORY AND OTHER MEDICAL SERVICES TO ROLAND PARK PLACE INC MD 501(c)(3) Line 10 ROLAND PARK PLACE 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 ROLAND PARK PLACE HEALTH CARE CORPORATION Q 181144 cost rOLAND PARK PLACE HEALTH CARE CORPORATION D 3455900 cost