2018-11-06T09:43:47-06:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 1966 GREENSPRING DRIVE SUITE 300 TIMONIUM MD 210934161 990 2017-01-01 520607956 ASBURY ATLANTIC INC ASBU 3012164100 5285 WESTVIEW DRIVE NO 200 FREDERICK MD 21703 KIM EHRENFRIED ASSISTANT TREASURER 3012164100 2018-10-23 1 JOHN NORMAN P01506766 4104530900 2018-10-01 67.137.57.251 2018-10-23 16:37:54 ED P 2F542D77562765624DD25E3C4252385A52575023 85B9997AADF14A140E17A393DEEE4F99E0CB7F93 2017 2019-02-21 02:37:17Z SUE DACAMARA 5285 WESTVIEW DRIVE NO 200 FREDERICK MD 21703 201447920 0 X WWW.ASBURYMETHODISTVILLAGE.ORG X 1945 MD DOING ALL THE GOOD WE CAN BY CREATING EXCEPTIONAL LIFESTYLE OPPORTUNITIES TO THOSE WE SERVE. 15 11 1714 1110 -8922 -8922 3186616 5128326 129444214 150180199 1311396 9130263 318337 306256 134260563 164745044 0 0 0 0 53683508 61187743 0 0 836786 79375464 90993505 133058972 152181248 1201591 12563796 407553159 475622708 529032992 620764969 -121479833 -145142261 X OUR MISSION IS TO DO ALL THE GOOD WE CAN BY PROVIDING EXCEPTIONAL LIFESTYLE OPPORTUNITIES TO THOSE WE SERVE. 0 1 53683697 57142932 SKILLED NURSING FACILITIES: OPERATION OF 3 SKILLED NURSING FACILITIES (SNF'S) FOR THE AGED WITH 434 TOTAL BEDS PROVIDING 153,247 DAYS OF SERVICE IN 2017. THE ORGANIZATION PROVIDED $21,263,583 OF CONTRACTUAL ALLOWANCES TO RESIDENTS OF THE SNF IN 2017. 49172153 63234398 RESIDENTIAL LIVING FACILITIES: OPERATION OF 1,676 RESIDENTIAL LIVING UNITS FOR THE AGED, PROVIDING 552,244 DAYS OF SERVICE IN 2017. THE ORGANIZATION PROVIDED $80,123 OF BENEVOLENT CARE AND $225,162 OF CONTRACTUAL ALLOWANCES TO RESIDENTIAL LIVING RESIDENTS DURING 2017. THE ORGANIZATION ALSO SUPPLIED WELLNESS. 23485982 29802869 ASSISTED LIVING FACILITIES: OPERATION OF 4 ASSISTED LIVING FACILITIES FOR THE AGED WITH 292 TOTAL SUITES PROVIDING 101,630 RESIDENT DAYS IN 2017. THE ORGANIZATION PROVIDED $2,480,914 OF BENEVOLENT CARE AND $32,131 OF CONTRACTUAL ALLOWANCES TO THE ASSISTED LIVING RESIDENTS IN 2017. 126341832 1 1 0 1 0 0 1 0 0 1 1 0 0 1 1 1 1 1 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 1 0 0 0 1 142 0 1714 1 1 1 0 0 0 0 0 0 0 0 0 X 15 11 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X ANDREW JEANNERET CFO 3012502100 5285 WESTVIEW DRIVE FREDERICK MD 21703 X CAROLYN STAMATAKIS CHAIR 2.00 X X 0 0 0 ROBERT BOYD VICE CHAIR, TREASURER 2.00 X X 0 0 0 NICK SERENYI DIRECTOR 2.00 X 0 0 0 DENNIS HANSEN DIRECTOR 2.00 X 0 0 0 THOMAS ETTINGER DIRECTOR 2.00 X 0 0 0 RICHARD FINDLEY DIRECTOR 2.00 X 0 0 0 SANDRA HALBRUNER DIRECTOR 2.00 X 0 0 0 GORDON NAUGHTON DIRECTOR 2.00 X 0 0 0 CAROLINE KIM DIRECTOR 2.00 X 0 0 0 DAVID LINGRELL DIRECTOR 2.00 X 0 0 0 LORRAINE SEXTON DIRECTOR 2.00 X 0 0 0 DONALD TRISSLER DIRECTOR 2.00 X 0 0 0 ROBERT BURKE DIRECTOR, SECRETARY 2.00 X X 0 0 0 ANNICE CODY DIRECTOR 2.00 X 0 0 0 NELLIE COLE DIRECTOR 2.00 X 0 0 0 JEFF ENRICO DIRECTOR 2.00 X 0 0 0 THOMAS HOLETS DIRECTOR 2.00 X 0 0 0 LOU GRAMMES DIRECTOR 2.00 X 0 0 0 LARRY PARKS DIRECTOR 2.00 X 0 0 0 DOUGLAS LEIDIG DIRECTOR, PRESIDENT 2.00 60.00 X X 0 597728 26095 SUE DACAMARA DIRECTOR 2.00 60.00 X X 0 434839 22112 ANDREW JOSEPH ASST. SECRETARY 2.00 60.00 X 0 261634 24310 ANDREW JEANNERET ASST. TREASURER 2.00 60.00 X 0 265960 7687 MELISSA HADLEY VICE PRESIDENT 2.00 60.00 X 0 271339 24781 JIM SCHNEIDER VICE PRESIDENT 60.00 2.00 X 202075 0 21030 ROBIN STERN VICE PRESIDENT 2.00 60.00 X 0 252531 25585 KIM EHRENFRIED ASST. TREASURER 1.00 62.00 X 0 215445 24552 PEGGY CRESPI KAPLAN ASST. SECRETARY 1.00 60.00 X 0 368404 22065 BRAD ANDRUS ASST. SECRETARY 2.00 60.00 X 7414 209267 23360 DEBBIE BARRIS ASST. SECRETARY 40.00 2.00 X 79783 0 10909 RHONDA TERANTO ASST. TREASURER 1.00 60.00 X 0 237315 22214 BRIAN GRUNDUSKY VICE PRESIDENT 60.00 2.00 X 196037 0 20329 DOUG MYERS PRESIDENT & CEO, FOUNDATION 60.00 0.00 X 277255 0 25329 ROBERT LIEBREICH EXECUTIVE DIRECTOR, AMV 40.00 X 241047 0 1938 DEBORAH HEDGES ASSOCIATE EXECUTIVE DIRECTOR, AMV 40.00 X 151298 0 17961 BRENT BAYES DIRECTOR SALES & MARKETING 40.00 X 145596 0 21927 JEREMIAH SHUMAN VP DEVELOPMENT-END 8/31/17 60.00 0.00 X 141284 0 17545 1441789 3114462 359729 38 0 1 0 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 FOOD SERVICE 15486158 FLAGSHIP REHABILITATION SERVICES 157 BALTIMORE STREET CUMBERLAND MD 21502 REHABILITATION SERVICE 4332864 TRADEMARK DESIGN AND BUILD 18404 BRIGHT PLUME TERRACE BOYDS MD 20841 CONSTRUCTION SERVICE 1017563 OMNICARE 9036 ANNAPOLIS JUNCTION DR ANNAPOLIS JUNCTION MD 20701 PHARMACY SERVICE 1000635 HELIX FLOORS INC 8725 BOLLMAN PLACE 4 SAVAGE MD 20763 FLOORING SERVICE 674886 44 5128326 5128326 NET RESIDENT REVENUE 623312 102018019 102018019 MEDICARE/MEDICAID PAYMENTS 623312 27480270 27480270 AMORTIZATION OF ENTRANCE FEES 623312 19053207 19053207 OTHER OPERATING REVENUE 623312 1628703 1628703 150180199 1993519 1993519 340363 34107 306256 306256 -8922 315178 43805513 34900837 1767932 8904676 -1767932 7136744 7136744 164745044 150180199 -8922 9445441 1860389 1860389 47253993 44178958 2346942 728093 1691858 1581834 81576 28448 6733509 4833251 1848255 52003 3647994 3329545 318449 7204394 7176152 28242 103029 103029 113081 113081 9712282 9345622 366660 1077455 1056611 20844 3885596 3338009 547587 4420036 24522 4395514 9797987 6069970 3728017 117808 78608 39200 15333395 15111743 221652 23244942 22908601 336341 783356 783356 FOOD 5832236 5829484 2752 REPAIRS & MAINTENANCE 4062356 3987789 74567 MEDICAL SUPPLIES & PHAR 2357840 2352584 5256 BAD DEBT 826316 826316 2121396 1488385 633011 152181248 126341832 25002630 836786 1540346 3089240 46088509 51249155 4494677 5469833 8659002 5869670 171583 209664 1557507 1904416 595180423 309388390 249619907 285792033 32558242 41489215 62863386 80549482 407553159 475622708 9229742 10500233 118831270 153647638 214944787 237193752 40239 41509 185986954 219381837 529032992 620764969 X -148370326 -176000097 2025623 3356574 24864870 27501262 -121479833 -145142261 407553159 475622708 X 12563796 -3606867 -32619356 X X 0 1 X 1 0 X 4305710 2070731 972387 3186616 5128326 15663770 116579022 121138341 126342656 129444214 150180199 643684432 120884732 123209072 127315043 132630830 155308525 659348202 0 0 0 659348202 2003195 2053937 2302257 1923550 2333882 10616821 2003195 2053937 2302257 1923550 2333882 10616821 122887927 125263009 129617300 134554380 157642407 669965023 0.98420 0.98390 0.01580 0.01610 X 0 0 0 0 0 0 0 0 1 6270 6270 0 PART II-B, LINE 1: A PORTION OF ASBURY ATLANTIC'S DUES TO LEADINGAGE WERE FOR USED FOR ADVOCACY ISSUES RELATED TO RESIDENTIAL AND HEALTHCARE SERVICES FOR THE AGED. X 1 15.00 1 0 0 1 X 24864870 854431 25719301 24829939 34931 24864870 24174363 655576 24829939 23389624 784739 24174363 22763584 626040 23389624 1.00000 0 1 1 20065107 20065107 498664751 251231730 247433021 22117381 11235434 10881947 53517840 46525751 6992089 815344 395475 419869 285792033 INTEREST IN NET ASSETS OF FOUNDATION 23257606 DEFERRED MARKETING COSTS 1098163 OTHER RECEIVABLE 446729 INTEREST RECEIVABLE 150935 DUE FROM ACOMM 55420346 DEPOSITS AND OTHER ASSETS 41511 INVESTMENT IN LAND 134192 80549482 VALUATION SWAP AGREEMENTS 24591723 REFUNDABLE FEES 2027826 OBLIGATION-DEFERRED GIVING 388965 CONTINGENT REFUNDABLE ENTRANCE FEE LIABILITY 184032003 PROJECTED REFUND OF STANDARD ENTRANCE FEES 4743864 DEPOSITS FROM PROSPECTIVE RESIDENTS 3597456 219381837 X 168022644 -3606867 6884467 3277600 164745044 0 164745044 155997941 3816693 3816693 152181248 0 152181248 PART II, LINE 3: ASBURY ATLANTIC, INC. HAS A 15 ACRE FOREST CONSERVATION EASEMENT AGREEMENT WITH THE CITY OF GAITHERSBURG, MD THAT PRESERVES TREES, TREE CANOPY AND FORESTS. ASBURY ATLANTIC, INC. DOES NOT REPORT CONSERVATION EASEMENTS IN ITS FINANCIAL STATEMENTS. THERE ARE NO REVENUES, EXPENSES OR ASSETS, OTHER THAN THE LAND, RELATED TO THIS CONSERVATION EASEMENT. PART IV, LINE 2B: ASBURY ATLANTIC, INC. HOLDS AND MANAGES RESIDENT TRUST FUND ACCOUNTS THAT ARE USED FOR PERSONAL ITEMS FOR THE RESIDENTS. ASBURY ATLANTIC, INC. IS ACTING IN A FIDUCIARY ROLE AND IS LIABLE FOR THE FUNDS IN THE RESIDENT TRUST FUND. PART V, LINE 4: THE INTENDED USE OF THE ENDOWNMENT FUND IS TO SUPPORT BENEVOLENT CARE. PART X, LINE 2: ASBURY ATLANTIC IS 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. 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. THE TAX RETURNS FOR THE YEARS 2014 TO 2016 ARE OPEN TO EXAMINATION BY FEDERAL, LOCAL, AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSE 34,107. VALUE CHANGES IN DERIVATIVE INSTRUMENTS 1,234,194. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION 2,283,754. CHANGE IN VALUE OF OBLIGATIONS UNDER CHARITABLE GIFT ANNUITIES -40,716. TWO MONTHS ASBURY SOLOMONS ACTIVITY REPORTED ON SEPARATE 990 3,373,128. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 34,107. TRANSFER TO ACOMM 579,500. TWO MONTHS ASBURY SOLOMONS ACTIVTY REPORTED ON SEPARATE 990 3,203,086. X X X X X X 0 0 0 0 0 0 0 0 0 DOUGLAS LEIDIG DIRECTOR, PRESIDENT 0 499059 0 86473 0 12196 0 10600 0 15495 0 623823 0 0 SUE DACAMARA DIRECTOR 0 400139 0 30153 0 4547 0 10600 0 11512 0 456951 0 0 ANDREW JOSEPH ASST. SECRETARY 0 244738 0 15750 0 1146 0 10600 0 13710 0 285944 0 0 ANDREW JEANNERET ASST. TREASURER 0 215133 0 50000 0 827 0 0 0 7687 0 273647 0 0 MELISSA HADLEY VICE PRESIDENT 0 256678 0 12277 0 2384 0 10600 0 14181 0 296120 0 0 JIM SCHNEIDER VICE PRESIDENT 183411 0 13664 0 5000 0 8708 0 12322 0 223105 0 0 0 ROBIN STERN VICE PRESIDENT 0 240756 0 9703 0 2072 0 10326 0 15259 0 278116 0 0 KIM EHRENFRIED ASST. TREASURER 0 199770 0 15032 0 643 0 9323 0 15229 0 239997 0 0 PEGGY CRESPI KAPLAN ASST. SECRETARY 0 334915 0 25316 0 8173 0 10600 0 11465 0 390469 0 0 BRAD ANDRUS ASST. SECRETARY 0 208619 7414 0 0 648 0 9129 0 14231 7414 232627 0 0 RHONDA TERANTO ASST. TREASURER 0 217078 0 18410 0 1827 0 9922 0 12292 0 259529 0 0 BRIAN GRUNDUSKY VICE PRESIDENT 185703 0 9944 0 390 0 8685 0 11644 0 216366 0 0 0 DOUG MYERS PRESIDENT & CEO, FOUNDATION 255668 0 20314 0 1273 0 10600 0 14729 0 302584 0 0 0 ROBERT LIEBREICH EXECUTIVE DIRECTOR, AMV 236626 0 3933 0 488 0 1640 0 298 0 242985 0 0 0 DEBORAH HEDGES ASSOCIATE EXECUTIVE DIRECTOR, AMV 146002 0 4992 0 304 0 7344 0 10617 0 169259 0 0 0 BRENT BAYES DIRECTOR SALES & MARKETING 127004 0 18200 0 392 0 7209 0 14718 0 167523 0 0 0 JEREMIAH SHUMAN VP DEVELOPMENT-END 8/31/17 140939 0 125 0 220 0 7018 0 10527 0 158829 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. A CITY OF GAITHERSBURG (MD) 526000792 363128BL2 2006-11-30 73400702 CURRENT REFUNDING 0 0 1 B CITY OF GAITHERSBURG (MD) 526000792 363128CB3 2009-12-16 18837005 CURRENT REFUNDING 0 0 1 C CUMBERLAND COUNTY MUNICIPAL AUTHORITY (PA) 236003119 230614FK0 2010-11-10 73542289 CURRENT REFUNDING 0 0 0 D CUMBERLAND COUNTY MUNICIPAL AUTHORITY (PA) 236003119 230614GK9 2012-10-31 52585767 CURRENT REFUNDING 0 0 0 A 73400702 6768263 1416958 65215481 2006 1 0 1 1 B 20751989 18837005 576770 376740 17883495 2009 1 0 1 1 C 5867289 73542289 6498922 1470845 65572522 2010 1 0 1 1 D 2885767 52585767 2339434 1051715 49194618 2012 1 0 1 1 A 0 1 1 1 0 0.00470 0.00470 0 0 1 B 0 0 1 1 0 0 0 0 C 0 1 1 1 0 0 0 0 D 0 1 1 1 0 0 0 0 A 0 0 0 1 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 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF GAITHERSBURG (MD) DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2017 SCHEDULE K, PART I, ROW A, COLUMN (E): THE ORGANIZATION IS A MEMBER OF AN OBLIGATED GROUP. THE ENTRIES SHOWN IN COLUMN (E) REPRESENTS THE PORTION OF THE TOTAL ISSUE PRICE ALLOCATED TO THE ORGANIZATION. SCHEDULE K, PART II, ROW A, LINES 4 AND 7: THESE AMOUNTS REPRESENT A PRO RATA PORTION OF THE TOTAL BASED ON THE PORTION OF THE TOTAL ISSUE PRICE ALLOCATED TO THE ORGANIZATION. A CITY OF GAITHERSBURG (MD) 526000792 363128CF4 2014-04-09 15945241 CURRENT REFUNDING 0 0 0 A 1295241 15945241 15945241 1 0 1 1 A 0 1 1 1 0 0 0 0 A 0 1 0 0 0 0 0 0 1 A 1 FORM 990, PART III, LINE 3 ON MARCH 1, 2017, ASBURY SOLOMONS AND ASBURY ATLANTIC ENTERED INTO A BILL OF SALE AND TRANSFER AGREEMENT. UNDER THE TERMS OF THE AGREEMENT, ASBURY ATLANTIC ACQUIRED ALL OF ASBURY SOLOMON'S ASSETS EXCEPT FOR OUTSTANDING ACCOUNTS RECEIVABLE AS OF THE TRANSACTION DATE. IN ADDITION, ASBURY ATLANTIC ASSUMED ALL OBLIGATIONS, INCLUDING THIRD PARTY CONTRACTS, OF ASBURY SOLOMONS. THERE WERE NO CHANGES IN SERVICES PROVIDED BY ASBURY SOLOMONS OR ASBURY ATLANTIC AS A RESULT OF THE TRANSACTION. FORM 990, PART III, LINE 4 AS PART OF ASBURY COMMUNITIES, ASBURY ATLANTIC 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 ATLANTIC, OUR CONTRIBUTIONS ARE PRIMARILY FOCUSED ON: - SUPPORTING SENIOR WELLNESS IN THE REGIONS WHERE WE OPERATE; AND - TRAINING THE NEXT GENERATION OF AGING SERVICES PROFESSIONALS. 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. ASBURY PROVIDES FINANCIAL SUPPORT TO RESIDENTS WHO OUTLIVE THEIR RESOURCES THROUGH NO FAULT OF THEIR OWN. HIGHLIGHTS OF THIS YEAR'S COMMUNITY BENEFIT ACCOMPLISHMENTS AT EACH ASBURY ATLANTIC COMMUNITY INCLUDE THE FOLLOWING: ASBURY METHODIST VILLAGE IN THE AREA OF TRAINING FUTURE GENERATIONS OF CAREGIVERS, ASBURY METHODIST VILLAGE (AMV) PROVIDED MENTORING AND TRAINING IN SOCIAL WORK AND PASTORAL CARE SERVICES FOR STUDENTS AT LOYOLA UNIVERSITY OF MARYLAND AND THE UNIVERSITY OF MARYLAND BALTIMORE COUNTY. AMV DONATED MEETING SPACE FOR MORE THAN 30 NON-PROFIT, COMMUNITY ORGANIZATIONS THROUGHOUT THE YEAR. THOUGH THE MAJORITY OF THIS GROUP'S EFFORTS BENEFIT YOUTH, THIS RESIDENT-CREATED AND RUN COLLABORATION WITH GAITHERSBURG AND MONTGOMERY COUNTY(GAITHERSBURG BELOVED COMMUNITY INITIATIVE) DEVOTED HUNDREDS OF HOURS TO MENTORING AREA AT RISK CHILDREN, HOSTING PARTIES AT ASBURY'S POOL AND OTHER STRUCTURED FITNESS ACTIVITIES. THIS INTERGENERATIONAL MENTORING PROGRAM IS FOCUSED ON THE DEVELOPMENT OF CHARACTER IN THE YOUNG PEOPLE. ASBURY METHODIST VILLAGE HOSTED A CONVERSATIONAL ENGLISH GROUP WITH 25 LATINO MOTHERS FROM THE GAITHERSBURG AREA WHEREBY THEY MET WEEKLY TO STUDY THEIR ENGLISH WITH ASBURY RESIDENTS. STUDENTS FROM GAITHERSBURG AND SOUTHLAKE ELEMENTARY SCHOOLS WERE TRANSPORTED TO AMV TO PARTICIPATE IN AN INTER-GENERATIONAL MENTORING PROGRAM WHOSE FOCUS IS THE DEVELOPMENT OF CHARACTER IN THE YOUNG PEOPLE. SUPPORTED MEALS ON WHEELS AND THE MONTGOMERY COUNTY COALITION FOR THE HOMELESS SHELTER WITH FOOD PREPARATION AND STRATEGIC PLANNING SPACE. AMV ASSOCIATES VOLUNTEERED 2 TIMES DURING 2017 AT THE MANNA FOOD BANK WHERE THEY HELPED SORT DONATED FOOD. AMV ASSOCIATES COLLECTED SCHOOL SUPPLIES AND BACKPACKS FOR STUDENTS THAT ATTEND SUMMIT HALL ELEMENTARY SCHOOL IN GAITHERSBURG. COLLECTED ENOUGH TO FILL 150 BACKPACKS AND DONATED 50 CHRISTMAS GIFTS FOR CHILDREN IN THE PROGRAM. BETHANY VILLAGE IN THE AREA OF TRAINING THE NEXT GENERATION OF PROFESSIONALS, THE FOLLOWING OCCURRED. PROVIDED TRAINING FOR CERTIFIED NURSING ASSISTANTS, LICENSED PRACTICAL NURSES, REGISTERED NURSES STUDENTS AT SHIPPENSBURG UNIVERSITY, HARRISBURG AREA COMMUNITY COLLEGE AND MESSIAH COLLEGE. ALSO SUPERVISED STUDENTS FROM CUMBERLAND PERRY VOCATIONAL TECHNICAL SCHOOL AND PROVIDED BUDGET TRAINING TO STUDENTS FROM CUMBERLAND VALLEY HIGH SCHOOL. ORGANIZED AND RAISED $7,583 FOR THE AREA CHAPTER OF THE ALZHEIMER'S ASSOCIATION THOUGH A ROCK-A-THON AND DONATED $2,000 FOR THE ASSOCIATION'S WALK TO END ALZHEIMER'S. HOSTED SUPPORT GROUPS FOR FAMILY MEMBERS AND OTHER CAREGIVERS OF PEOPLE WITH ALZHEIMER'S DISEASE. BETHANY VILLAGE DONATED MEETING SPACE FOR MORE THAN 11 NON-PROFIT, COMMUNITY ORGANIZATIONS THROUGHOUT THE YEAR. IN CONJUNCTION WITH COMMUNITY AID, BETHANY VILLAGE ASSOCIATES COLLECTED, STORED AND ARRANGED FOR PICK-UP OF DONATED CLOTHING. THE EXECUTIVE DIRECTOR OF BETHANY VILLAGE SERVES ON THE LEADING AGE PA BOARD OF DIRECTORS. LEADING AGE IS A NOT-FOR-PROFIT ENTITY THAT REPRESENTS NOT-FOR-PROFIT SENIOR LIVING PROVIDERS ACROSS THE STATE OF PA. BETHANY VILLAGE ASSOCIATES SERVED AS VOLUNTEERS THROUGHOUT THE YEAR AT THE FOOD PANTRY BENEFITING THE UNDERPRIVILEGED SERVED BY NEW HOPE MINISTRIES. THE FIRST ANNUAL ONE MORE DAY FOUNDATION 5K RUN WAS HELD AT BETHANY VILLAGE DURING 2017. THIS EVENT PROMOTES AWARENESS TO PREVENT DISTRACTED DRIVING. FINALLY, BETHANY VILLAGE HOSTED AND FACILITATED A MONTHLY SUPPORT GROUP TO BENEFIT ALZHEIMER'S ASSOCIATION AND BETHANY VILLAGE ALSO PROVIDED A $2,000 SPONSORSHIP FOR THE ALZHEIMER'S ASSOCIATION MEMORY WALK. SPRINGHILL IN THE AREA OF TRAINING THE NEXT GENERATION OF PROFESSIONALS, THE FOLLOWING OCCURRED. PROVIDED TRAINING AND RESEARCH ASSISTANCE FOR NURSING AND REHABILITATIVE THERAPY STUDENTS AT GANNON AND MERCYHURST UNIVERSITIES AS WELL AS THE ERIE COUNTY TECHNOLOGY SCHOOL. SPRINGHILL ASSOCIATES PARTICIPATED IN THE ADOPT-A-HIGHWAY HIGHWAY CLEAN- UP PROJECT. SPRINGHILL ASSOCIATES WERE ALSO ACTIVE MEMBER OF THE ALZHEIMER'S ASSOCIATION AND ALZHEIMER'S ASSOCIATION SUPPORT GROUP. ADDITIONALLY, $2,212 WAS RAISED FOR AND ASSOCIATES HELPED ORGANIZE WALK TO END ALZHEIMER'S. HELD MONTHLY PARKINSON'S PARTNERS SUPPORT GROUP MEETINGS THAT SUPPORT RESIDENTS IN THE COMMUNITY AND INDIVIDUALS OUTSIDE THE COMMUNITY THAT CARE FOR OR HAVE PARKINSON'S. SNF ADMINISTRATOR VOLUNTEERED AS A SURVEYOR FOR A CARF/CCAC SURVEYS AT A CCRC'S IN NEW JERSEY AND FLORIDA. SPRINGHILL ASSOCIATE VOLUNTEERS AT THE LOCAL FIRE DEPARTMENT PROVIDING FIREFIGHTING, RESCUE, AND EMS RESPONSES. AN ASSOCIATE PARTICIPATED IN THE WEST COUNTY PARAMEDIC BOARD MEETINGS AND SERVED ON THE ERIE PUBLIC SAFETY ADVISORY COMMITTEE. SPRINGHILL ASSOCIATES WERE ALSO ACTIVE MEMBERS OF THE HEALTHCARE VENTURES ALLIANCE. SPRINGHILL ASSOCIATES AND RESIDENTS HELD A COAT DRIVE BENEFITTING THE UPPER ROOM HOMELESS SHELTER. DURING 2017, SPRINGHILL DONATED 3 WHEELCHAIRS, 22 WALKERS, 4 PULMONARY WALKERS, AND 2 CANES TO CHOSE INTERNATIONAL. ADDITIONALLY, SPRINGHILL ASSOCIATES ORGANIZED A DRIVE FOR THE HUMANE SOCIETY WHICH WAS IN DESPERATE NEED OF TOWELS, SHEETS, AND USED LINENS FOR SHELTERED ANIMALS WAITING FOR ADOPTION. 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 6 ASBURY ATLANTIC HAS ONE MEMBER, ASBURY COMMUNITIES, INC. FORM 990, PART VI, SECTION A, LINE 7A ASBURY COMMUNITIES, INC IS THE SOLE MEMBER OF ASBURY ATLANTIC AND ELECTS THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ONLY CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO ASBURY COMMUNITY INC'S APPROVAL. THESE DECISIONS INCLUDE: (1) MANAGEMENT SERVICES RELATIONSHIPS AND CONTRACTS; (2) ANY ORGANIZATIONAL CHANGE IN GENERAL, INCLUDING MERGERS, SALES, LEASES, ETC, OF SUBSTANTIALLY ALL OF THE ASSETS AND THE CREATION OF NEW ENTITIES; (3) AMENDMENTS TO MISSION OR VISION STATEMENTS; (4) AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS. 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 9/27/18. THE ASBURY COMMUNITIES, INC., FOUNDATION, ASBURY ATLANTIC, ASBURY SOLOMONS, ASBURY COMMUNITIES HCBS, CALVERT COUNTY NURSING CENTER, ASBURY, INC., 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 2017. 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 PROTOCAL OUTLINED IN THE CONFLICT OF INTEREST POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE MEETS WITH THE INDEPENDENT COMPENSATION CONSULTANT, AND BASED ON INFORMATION PROVIDED TO THE COMMITTEE MAKES RECOMMENDATIONS REGARDING COMPENSATION AND BENEFITS TO THE EXECUTIVE COMMITTEE WHICH IS CHARGED BY THE FULL BOARD WITH DECISIONS REGARDING COMPENSATION. THE INDEPENDENT COMPENSATION CONSULTANTS AND ATTORNEY ARE ALSO PRESENT AT THE MEETING OF THE EXECUTIVE COMMITTEE AT WHICH THE EXECUTIVE COMMITTEE CONSIDERS THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. AT THIS MEETING THE EXECUTIVE COMMITTEE RECEIVES ALL OF THE SAME INFORMATION WHICH WAS PRESENTED TO THE COMPENSATION COMMITTEE AND HAS THE OPPORTUNITY TO ASK QUESTIONS AND EVALUATE THE MATERIALS. THE FULL BOARD(S) OF ASBURY COMMUNITIES HAS A PRESENTATION ONCE A YEAR ON EXECUTIVE COMPENSATION AND BENEFITS. THE PRESIDENT IS PRESENT TO GIVE BOARD MEMBERS AN OPPORTUNITY TO ASK QUESTIONS AND TO PROVIDE SALARIES AND GRADE LEVELS FOR THEIR REVIEW. THE SYSTEM WIDE COMPENSATION COMMITTEE IS COMPOSED OF 5 VOTING MEMBERS, THE VICE-PRESIDENT OF HUMAN RESOURCES (NON-VOTING), A RETAINED ATTORNEY (NON-VOTING; RECORDS PROCEEDINGS IN MINUTES), AND IS ADVISED BY SULLIVAN COTTER (A COMPENSATION CONSULTING FIRM). THE COMPENSATION COMMITTEE HAS DEVELOPED AND USES A COMPENSATION PHILOSOPHY DOCUMENT WHICH ESTABLISHES GUIDELINES FOR COMPENSATION AND IDENTIFIES COMPARABLE DATA. THE COMMITTEE HOLDS A MINIMUM OF 4 MEETINGS EACH YEAR. AT THE FALL MEETING THEY REVIEW SULLIVAN COTTER DATA AND REPORTS IN ORDER TO MAKE RECOMMENDATIONS REGARDING SALARIES AND BENEFITS. THIS ANNUAL REVIEW ALSO ENSURES COMPLIANCE WITH IRS INTERMEDIATE SANCTIONS REQUIREMENTS. THE BOARD OF DIRECTORS ULTIMATELY REVIEWS/APPROVES/ AND OR ADJUSTS RECOMMENDATIONS FROM THE COMPENSATION COMMITTEE AND SETS COMPENSATION. THE PROCESS WAS LAST REVIEWED IN 2017. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE IN THE RESIDENT LIBRARIES. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON OUR WEBSITE. FORM 990, PART VII, SECTION A THE OFFICERS THAT HAVE COMPENSATION FROM RELATED ORGANIZATIONS REPORTED IN PART VII, SECTION A, COLUMN E OF THE FORM 990 PROVIDE EXECUTIVE MANAGEMENT SUPPORT AND OVERALL GUIDANCE TO ASBURY ATLANTIC, INC. AS WELL AS THE OTHER RELATED AND SUPPORTED ORGANIZATIONS OF ASBURY COMMUNITIES, INC. THERE ARE OVER 2,500 TOTAL EMPLOYEES IN THE ASBURY COMMUNITIES, INC. SYSTEM. THE 2017 CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR ASBURY COMMUNITIES, INC. HAD TOTAL REVENUES OF $248.9 MILLION AND TOTAL ASSETS IN EXCESS OF $660 MILLION. FORM 990, PART VII, SECTION A BEGINNING WITH YEAR 2014, FOUNDATION ASSOCIATE SALARIES AND BENEFITS, WHICH WERE PREVIOUSLY REPORTED ON THE ASBURY FOUNDATION IRS FORM 990, WILL BE REPORTED BY THE ASBURY ENTITY WHERE THEY DEDICATED THEIR TIME. ASBURY FOUNDATION ASSISTS WITH THE MISSION OF THE NON PROFIT ENTITIES WITHIN THE ASBURY COMMUNITIES SYSTEM. FORM 990, PART XI, LINE 9: NET UNREALIZED GAIN ON CHANGE IN MARKET VALUE OF DERIVATIVE INSTRUMENTS 1,234,194. TRANSFER TO ACOMM -579,500. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION 2,283,754. CHANGE IN VALUE OF OBLIGATIONS UNDER CHARITABLE GIFT ANNUITIES -40,716. NET ASSET TRANSFER FROM ASBURY SOLOMONS -35,505,213. TWO MONTH ASBURY SOLOMONS SWAP LOSS 46,458. TWO MONTH ASBURY SOLOMONS UNREALIZED GAIN ON INVESTMENTS -58,333. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN OVERSIGHT PROCESS FROM THE PRIOR YEAR. ASBURY COMMUNITIES INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 521862677 MANAGEMENT SERVICES MD 501(C)(3) LINE 12C, III-FI 0 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 0 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 0 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 0 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 0 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 0 CALVERT COUNTY NURSING CENTER INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 520890928 HOUSING AND HEALTHCARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 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 0 BETHANY DEVELOPMENT CORPORATION 335 WESLEY DRIVE MECHANICSBURG PA 17055 232078064 HOUSING FOR OLDER ADULTS PA 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 THE ASBURY GROUP INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 205038820 TECHNOLOGY & MANAGEMENT SERVICES DE ASBURY COMMUNITIES INC C 0 THE ASBURY GROUP INTEGRATED TECHNOLOGIES LLC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 262896175 INFOR & CNSLT SVCS DE ASBURY COMMUNITIES INC C 0 IVA INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 562362361 HOLDS LIQUOR LICENSE FOR AMV AND IV OK ASBURY ATLANTIC INC AND INVERNESS VILLAGE C 1.00000 1 0 0 1 1 0 0 0 0 0 1 0 0 1 0 0 1 0 1 0