2018-10-09T10:15:54-05:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2017-01-01 231379512 DUNWOODY VILLAGE DUNW 6103594400 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 SHERRY SMYTH PRESIDENT/CEO 6103594400 2018-09-27 1 SETH BRODY CPA P01586423 2156433900 2017 2022-09-23 18:48:47Z SHERRY SMYTH 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 38002367 0 X WWW.DUNWOODY.ORG X 1974 PA "PROVIDE INDEPENDENT LIVING,PERSONAL CARE,DEMENTIA CARE,SKILLED NURSING & SHORT-TERM REHABILITATION." 17 16 585 62 0 0 185978 36395 32495173 35113565 417931 932473 95570 103980 33194652 36186413 396720 448975 0 0 19050169 20200872 0 0 0 12150136 13841989 31597025 34491836 1597627 1694577 95300267 105614274 81853293 88200843 13446974 17413431 THE MISSION OF DUNWOODY VILLAGE IS TO PROVIDE A WELCOMING & COMPASSIONATE COMMUNITY WITH DISTINCTIVE RESIDENTIAL AND HEALTHCARE SERVICES THAT PROMOTE WELLNESS, DIGNITY, AND RESPECT FOR OUR RESIDENTS & HOME-BASED CLIENTS. 0 0 29125960 125786 34499566 SENIOR LIVING - DUNWOODY VILLAGE IS A CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES CARE FOR RESIDENTIAL LIVING, PERSONAL CARE AND SKILLED NURSING AND MEDICAL CARE TO ITS ELDERLY RESIDENTS/PATIENTS. 259841 323189 613999 FUNDRAISING - A NUMBER OF RESIDENTS ARE SUBSIDIZED THROUGH A TRUST FUND AND DONATIONS. THIS FUND PROVIDES RESIDENTIAL SERVICES AND AMENITIES AS WELL AS HEALTHCARE SERVICES TO AGE-QUALIFIED INDIVIDUALS. 29385801 1 1 0 0 0 1 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 24 0 585 1 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X LEONARD DACHINO CONTROLLER 6103594454 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 PATRICK J BURKE CHAIRMAN OF THE BOARD 3.00 X X 0 0 0 ELIZABETH K UNGER TRUSTEE 2.00 X X 0 0 0 JOHN W LEAR SECRETARY 2.00 X X 0 0 0 PETER E BORT 2ND VICE PRESIDENT 2.00 X X 0 0 0 KENNETH T ENGLE TRUSTEE 2.00 X 0 0 0 EDWARD CHIOSSO 1ST VICE PRESIDENT 2.00 X 0 0 0 DR JANE GULICK TRUSTEE 2.00 X 0 0 0 CASWELL F HALLOWAY III TRUSTEE 2.00 X 0 0 0 CHARLES LADNER TRUSTEE 2.00 X 0 0 0 TIMOTHY MALARKEY TRUSTEE 2.00 X 0 0 0 CHARLES E RAMMEL TRUSTEE 2.00 X 0 0 0 CHRISTOPHER R GETMAN TRUSTEE 2.00 X 0 0 0 MASSY WILLIAMS TRUSTEE 2.00 X 0 0 0 ERIN L HAAS TRUSTEE 2.00 X 0 0 0 PATRICIA P MCCARTER TRUSTEE 2.00 X 0 0 0 STEPHANIE STRID-DAVIS TRUSTEE 2.00 X 0 0 0 THEODORE BREDIKIN TRUSTEE 2.00 X 0 0 0 ANNE MORSE TRUSTEE 2.00 X 0 0 0 RICHARD GREENE TRUSTEE 2.00 X 0 0 0 JASON DARRACH TRUSTEE 2.00 X 0 0 0 STEPHEN YOUNG TRUSTEE 2.00 X 0 0 0 DR DAVID JONES TRUSTEE 2.00 X 0 0 0 SHERRY L SMYTH PRESIDENT AND CEO 35.00 2.50 X X 313666 0 36634 FRANK BEECH EXECUTIVE DIRECTOR 32.50 2.50 X 118534 0 7665 KATHRYN A BARTON DIRECTOR OF OPERATIONS 35.00 2.50 X 149714 14833 6581 LEONARD DACHINO CONTROLLER 37.50 2.50 X 40471 0 2995 ELAINE KAISER DIRECTOR OF MARKETING 37.50 X 131411 0 17071 WESLEY KUEHNLE DIRECTOR OF FACILITIES 37.50 X 132567 0 3703 886363 14833 74649 5 0 1 0 RUMFORD AND RUMFORD INC 400 WEST STATE STREET MEDIA PA 19063 BUILDING CONTRACTOR 2189933 GENESIS REHABILITATION SERVICES PO BOX 821322 PHILADELPHIA PA 19182 THERAPY CONTRACTOR 829221 R SMITH PAVING CONTRACTOR INC 215 SNYDER AVENUE WEST CHESTER PA 19382 ASPHALT PAVING 442450 INDUSTRIAL MECHANICAL CONTRACTORS INC 240 TANNER AVENUE HATBORO PA 19040 ELEVATOR MECHANICAL SERVICES 287763 RADIUS SYSTEMS LLC 101 PONDS EDGE DRIVE STE 201 CHADDS FORD PA 19317 HVAC & LIGHTING SYSTEMS 119005 10 36395 36395 RESIDENT CARE FEES 623000 19723960 19723960 MEDICAL CARE FEES 623000 9154303 9154303 AMORT. OF DEFERRED ENTRY FEES 623000 5907933 5907933 RESIDENT SERVICE FEE 623000 236027 236027 91342 91342 35113565 486957 486957 113145 9165 103980 103980 103980 2252305 1806789 445516 445516 445516 36186413 35113565 0 1036453 448975 448975 676260 676260 15552079 14962644 589435 473384 426046 47338 2447169 2356439 90730 1051980 967522 84458 30459 30459 62075 62075 14739 14739 953486 841116 112370 499358 499358 1489139 1060204 428935 148320 148320 2303307 1293191 1010116 37158 14737 22421 1104400 1104400 4465506 4018955 446551 326435 25683 300752 FOOD 1459974 1459974 REPAIRS AND MAINTENANCE 473606 473606 MEDICAL SUPPLIES 273548 273548 BAD DEBT 84996 84996 115483 115483 34491836 29385801 5106035 0 1306755 1404249 5739546 10063873 2088790 2126244 17889 20780 342165 486071 117502456 48420411 43091786 69082045 18905977 21594262 398045 453187 23409314 383563 95300267 105614274 4914304 4100539 40465308 50424764 32565444 32121283 2501300 444650 1406937 1109607 81853293 88200843 X 9257590 13241813 3089384 3071618 1100000 1100000 13446974 17413431 95300267 105614274 X 1694577 2055661 216219 X 0 1 X 1 0 X 446733 537197 2581 185978 36395 1208884 28360424 28185359 30972666 32495173 35113565 155127187 28807157 28722556 30975247 32681151 35149960 156336071 573476 573476 0 573476 573476 155762595 595275 501188 558820 517325 600102 2772710 595275 501188 558820 517325 600102 2772710 29402432 29223744 31534067 33198476 35750062 159108781 0.97900 0.97880 0.01740 0.01740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4 741325 128260 3965600 0 1 0 1 X 17775576 29911 3440064 239966 6975 23150 20975460 17158156 25000 894457 236873 65164 17775576 15457193 2128915 370061 57891 17158156 14823123 573476 372321 251292 60435 15457193 15574964 116372 628175 1496388 14823123 0.74700 0.05250 0.20050 0 0 112059251 44944053 67115198 5040450 3234931 1805519 402755 241427 161328 69082045 INTEREST RATE SWAP AGREEMENT 1109607 1109607 X PART IV, LINE 2B: REFUNDABLE DEPOSITS FROM PROSPECTIVE RESIDENTS REPRESENT WAITING LIST DEPOSITS AND PARTIAL PAYMENTS MADE ON ENTRY FEES. SUCH DEPOSITS BY PROSPECTIVE RESIDENTS OR RESIDENT COUPLES ARE FULLY REFUNDABLE AND ARE CREDITED TOWARD THE ENTRY FEE UPON MOVE IN. PART V, LINE 4: ENDOWMENT FUNDS INCLUDE BOARD DESIGNATED OR QUASI-ENDOWMENT FUNDS, MEDICAL RESERVE FUND, RESIDENT'S ENDOWMENT FUND, RESIDENT'S RESERVE FUND, MEMORIAL GARDEN FUND AND TRUST FUND. THE MEDICAL RESERVE AND RESIDENT'S ENDOWMENT FUNDS PROVIDE FUNDS TO HELP SUPPORT THE CARE OF CERTAIN RESIDENTS WHO ARE UNABLE TO PAY THEIR MONTHLY FEE. THE MEMORIAL GARDEN FUND IS A SPECIFIC-PURPOSE FUND USED FOR THE MAINTENANCE OF A GARDEN DEDICATED TO THE MEMORY OF PAST RESIDENTS. THE TRUST FUND IS A PERMANENTLY RESTRICTED FUND, INCOME AND GAINS EARNED BY THE TRUST ARE UNRESTRICTED AND AVAILABLE FOR USE AS DESIGNATED BY THE BOARD OF TRUSTEES. PART X, LINE 2: DUNWOODY, DUNWOODY HOMECARE, AND THE TRUST ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. DUNWOODY 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 DUNWOODY'S CONSOLIDATED FINANCIAL STATEMENTS. 1 PER DIEM SUBSIDY FOR PERSONAL CARE RESIDENTS 5 323189 RESIDENT RESERVE 6 120220 PART I, LINE 2: DESCRIPTION OF ORGANIZATION'S PROCEDURES FOR MONITORING USE OF GRANTS - DUNWOODY VILLAGE PROVIDES FINANCIAL ASSISTANCE TO CERTAIN ELIGIBLE RESIDENTS TO PAY FOR MONTHLY AND MEDICAL CARE FEES. THE INITIAL APPLICATION IS REVIEWED BY TOP MANAGEMENT AND IF DEEMED ELIGIBLE FOR FINANCIAL ASSISTANCE THE APPLICATION IS FORWARDED TO THE APPROPRIATE COMMITTEE FOR FINAL APPROVAL. ONCE APPROVED THE PAPERWORK IS FORWARDED TO THE ACCOUNTING OFFICE FOR PROCESSING OF THE GRANT. THE OFFICE OF THE CONTROLLER MONITORS THE GRANT ON AN ON GOING BASIS. X X X X 0 0 0 0 0 0 0 0 0 SHERRY L SMYTH PRESIDENT AND CEO 265503 0 48163 0 0 0 14850 0 21784 0 350300 0 0 0 KATHRYN A BARTON DIRECTOR OF OPERATIONS 127369 14833 22345 0 0 0 6192 0 389 0 156295 14833 0 0 A DELAWARE COUNTY AUTHORITY REVENUE BONDS SERIES OF 2013 231973437 NONEAVAIL 2013-12-20 35000000 REFUND 2003 & 2006 SERIES BONDS, FUND CAMPUS AND CARRIAGE HOME PROJECTS 0 0 0 A 2703875 34503379 239226 560317 15231159 18472677 2014 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 5 THE ORGANIZATION CAPITALIZED INTEREST ON THE NEW MONEY PORTION EQUIVALENT TO $239,226.46. SCHEDULE K, PART II, LINE 3 ON DECEMBER 20, 2013, DUNWOODY ENTERED INTO A BOND PURCHASE AND LOAN AGREEMENT WITH THE DELAWARE COUNTY AUTHORITY (THE AUTHORITY) PURSUANT TO WHICH THE AUTHORITY AUTHORIZED $35,000,000 OF THE SERIES 2013 REVENUE BONDS. FROM THE PROCEEDS OF THIS ISSUANCE, THE AUTHORITY ADVANCED A TOTAL OF $22,165,157 AT CLOSING TO BE USED AS FOLLOWS: 1) $19,272,220 WILL BE APPLIED TO REFUND THE OUTSTANDING BALANCE OF THE DELAWARE COUNTY AUTHORITY REVENUE BONDS, SERIES 2006 AND SERIES 2003, 2) $2,075,656 WILL BE USED TO FUND THE CAMPUS PROJECT AND 3) $817,281 WILL BE USED TO FUND THE CARRIAGE HOME PROJECT. THE REMAINING AMOUNTS FROM THE PROCEEDS OF ISSUANCE WILL BE LOANED AND ADVANCED TO DUNWOODY AS A DRAW-DOWN LOAN, TO BE USED AS FOR THE CAMPUS PROJECT AND THE CARRIAGE HOME PROJECT. OF THE REMAINING $12,834,843 FROM THE PROCEEDS AT CLOSING, AN ADDITIONAL $232,379 WAS DRAWN DOWN DURING THE YEAR ENDED DECEMBER 31, 2017. THE ISSUE PRICE OF $35,000,000 DIFFERS FROM PART II, LINE 3 ($34,503,379) BY $496,621 WHICH REPRESENTS THE ORIGNAL AMOUNTS THAT HAD NOT YET BEEN DRAWN ON AND A PRINCIPAL REPAYMENT OF $691,280 AS OF DECEMBER 31, 2017. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE CORPORATION AND OTHER TRUSTEES THAT MAY BE NAMED TO THE COMMITTEE BY THE CHAIR. THE EXECUTIVE COMMITTEE: (A) SHALL HAVE AND EXERCISE THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE BUSINESS OF THE CORPORATION AND SHALL: (I) ACT AS AN ETHICS COMMITTEE WHEN NEEDED TO DEVELOP POLICIES AND GUIDELINES FOR HANDLING OF ETHICAL ISSUES AND REVIEW AND GIVE CONSULTATION INVOLVING ETHICAL DIFFICULTIES. (II) CONDUCT PERFORMANCE REVIEW OF PRESIDENT CHIEF EXECUTIVE OFFICER. (III) MONITOR EFFECTIVENESS AND APPROVE INCENTIVE COMPENSATION OF EMPLOYEES UNDER INCENTIVE COMPENSATION PROGRAMS. (IV) REVIEW AND RECOMMEND TO THE BOARD CHANGES TO THE HUMAN RESOURCES POLICY AND BENEFIT PLANS OF THE CORPORATION. (V) SUCH OTHER DUTIES AND FUNCTIONS AS MAY BE ASSIGNED BY THE BOARD. (B) THE EXECUTIVE COMMITTEE, HOWEVER, SHALL NOT HAVE ANY POWER OR THE AUTHORITY AS TO THE FOLLOWING: (I) THE FILLING OF VACANCIES IN THE BOARD OF TRUSTEES. (II) THE ADOPTION, AMENDMENT OR REPEAL OF (THE) BYLAWS OF THE CORPORATION. (III) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD. (IV) ACTION ON MATTERS ASSIGNED BY (THE) BYLAWS OR RESOLUTION OF THE BOARD OF TRUSTEES TO ANOTHER COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF TRUSTEES AND THE MEMBERS OF DUNWOODY VILLAGE ARE IDENTICAL. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE 990 WITH THE AUDITORS PRIOR TO ITS SENDING. ALL BOARD MEMBERS WILL RECEIVE A COPY BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C DUNWOODY VILLAGE REQUIRES THAT EACH TRUSTEE, OFFICER, EMPLOYEE AND MEMBER OF THE CLINICAL STAFF CONDUCT THEIR AFFAIRS IN AN ETHICAL MANNER AND IN A WAY THAT AVOIDS CONFLICT OF INTEREST. ANY POTENTIAL CONFLICT OF INTEREST THAT THE MEMBERS OF DUNWOODY VILLAGE AND ITS RELATED PARTIES MAY HAVE IS DISCLOSED IN WRITING TO THE CORPORATE COMPLIANCE OFFICER. IF A CONFLICT OF INTEREST SHOULD ARISE FROM A VOTING BOARD MEMBER, THAT BOARD MEMBER WOULD BE PROHIBITED FROM VOTING ON THOSE SPECIFIC CONFLICTING MATTERS. USE OF POSITION TO SECURE ANY SPECIAL DISCOUNT OR OTHER FAVORABLE TREATMENT FROM ANY PERSON OR ORGANIZATION WITH WHICH DUNWOODY VILLAGE DOES OR IS SEEKING TO DO BUSINESS WITH IS PROHIBITED. FORM 990, PART VI, SECTION B, LINE 15 THE TOTAL EXECUTIVE COMPENSATION PHILOSOPHY APPLIES TO THE PRESIDENT/CEO AND THE DIRECTORS OF DUNWOODY VILLAGE THAT REPORT TO HER. THE TOTAL EXECUTIVE COMPENSATION PHILOSOPHY IS TO MAINTAIN A PACKAGE OF SALARY AND BENEFITS THAT WILL ENSURE THAT DUNWOODY VILLAGE WILL CONSISTENTLY ATTRACT AND RETAIN COMPETENT EXECUTIVE MANAGEMENT. AT LEAST EVERY OTHER YEAR SALARY AND BENEFITS PAID BY SIMILAR ORGANIZATIONS WILL BE REVIEWED THROUGH WAGE AND BENEFITS SURVEYS BY THE HUMAN RESOURCES DIRECTOR. THE HUMAN RESOURCES DIRECTOR WILL ADVISE THE CEO AND THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES HOW THE EXECUTIVE COMPENSATION COMPARES WITH THAT BEING PAID BY SIMILAR ORGANIZATIONS FOR CEO POSITIONS. REVIEW OF THE PRESIDENT/CEO COMPENSATION IS COMPLETED ANNUALLY BY THE BOARD OF TRUSTEES AND LAST OCCURRED IN APRIL 2017. IT IS THE PRACTICE OF DUNWOODY VILLAGE TO MAINTAIN A COMPETITIVE COMPENSATION PACKAGE FOR ITS EMPLOYEES TO CONSISTENTLY ATTRACT AND RETAIN COMPETENT EMPLOYEES. ON AN ONGOING BASIS, THE HUMAN RESOURCES DEPARTMENT REVIEWS EMPLOYEES COMPENSATION PAID BY SIMILAR ORGANIZATIONS IN THE LOCAL COMMUNITY THROUGH WAGE AND BENEFITS SURVEYS. EMPLOYEE COMPENSATION IS ALSO REVIEWED AND COMPARED WITH NATIONAL AND STATE ASSOCIATIONS WAGE SURVEYS OF CCRCS. THE BOARD OF TRUSTEES ALSO REVIEWS AND APPROVES COMPENSATION INCREASES FOR BOTH OFFICERS AND KEY EMPLOYEES. REVIEW OF ALL OTHER EMPLOYEES' COMPENSATION LAST OCCURRED IN MARCH 2017. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE INCLUDED IN THE DUNWOODY ANNUAL REPORT BOOKLET FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF INTEREST RATE SWAP 297,330. LOSS ON CAPTIVE INSURANCE -81,111. DUNWOODY LONG TERM CARE SERVICES 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 ELDERLY CARE PA 68809 750256 DUNWOODY VILLAGE INC THE DUNWOODY TRUST 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 CHARITY CARE FUNDING PA 245276 3665416 DUNWOODY VILLAGE INC DUNWOODY ALLIED SERVICES 3500 WEST CHESTER PIKE NEWTOWN SQUARE PA 19073 232854206 ELDERLY CARE PA 501(C)(3) LINE 12A, I DUNWOODY VILLAGE 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 1 0 DUNWOODY ALLIED SERVICES J 90875