2025-11-14T12:00:29-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-01-01 042104763 NEW ENGLAND DEACONESS ASSOCIATION NEWE 9783695151 80 DEACONESS ROAD CONCORD MA 01742 JAMES MCGOWAN CFO 9783695151 2025-11-14 1 1 KERRI N BOGDA P00760402 7177404863 2025-11-14 2024 2025-03-06 01:10:19Z CHRISTOPHER SINTROS 80 DEACONESS ROAD CONCORD MA 01742 65678153 0 X WWW.NEDEACONESS.ORG X 1889 MA OWNS AND OPERATES SEVERAL RETIREMENT HOMES AND ASSISTED LIVING FACILITIES. 16 14 808 14 0 0 3023111 5145180 44676880 50339135 4200976 2483310 501403 1278349 52402370 59245974 16000 29148 0 0 29694870 31342410 0 0 0 18873017 19818563 48583887 51190121 3818483 8055853 171177154 161207488 178455085 177624396 -7277931 -16416908 X DEACONESS WILL EFFECTIVELY USE OUR HUMAN AND FINANCIAL RESOURCES AND WILL SEARCH FOR NEW OPPORTUNITIES TO PROVIDE HIGH QUALITY AND HIGHLY-VALUED CARE THAT EXCEEDS THE EXPECTATIONS OF THOSE WE SERVE. 0 0 42149763 29148 50339135 NEW ENGLAND DEACONESS ASSOCIATION (NEDA) CARES COMPASSIONATELY FOR STAFF, RESIDENTS, VOLUNTEERS AND FAMILIES. NEDA KNOWS THAT IF ONE CONTINUES TO STAY INTELLECTUALLY CHALLENGED, PHYSICALLY ACTIVE, SOCIALLY CONNECTED, AND SPIRITUALLY ENRICHED IN WHATEVER WAY THAT PROVIDES MEANING TO AN INDIVIDUAL, THAT ONE CAN AGE WELL. THOUGH THERE ARE MANY CHALLENGES ALONG THE PATHWAY OF THE AGING PROCESS, NEDA BELIEVES THAT BY PROVIDING SUPPORTIVE SERVICES IN ALL OF THESE AREAS, THE LATER YEARS OF LIFE WILL BE MORE FULFILLING AND ENRICHING.NEDA'S CURRENT STRATEGY IS PROVIDING CARE AND SERVICES TO OLDER ADULTS IN RESIDENTIAL SETTINGS. JUST AS THE ORIGINAL DEACONESSES MADE A DIFFERENCE IN THE LIVES OF THOSE THEY SERVED, NEDA CONTINUES TO WORK TO ENHANCE AND IMPROVE THE QUALITY OF LIFE FOR ITS RESIDENTS, THEIR FAMILIES AND THEIR COMMUNITIES.THE NEW ENGLAND DEACONESS ASSOCIATION CORE VALUES STATEMENT WAS DEVELOPED THROUGH THE INPUT OF STAFF, RESIDENTS, FAMILIES, CORPORATORS, AND THE BOARD OF DIRECTORS. IT DEFINES WHAT THE ORGANIZATION STANDS FOR AND WHY IT EXISTS. AT ALL LEVELS OF THE ORGANIZATION THE CORE VALUE STATEMENT (BELOW) IS USED TO GUIDE THE CHOICES AND DECISIONS IT MAKES.DEACONESS ABUNDANT LIFE CARES COMPASSIONATELY FOR OUR RESIDENTS, STAFF, VOLUNTEERS, AND THEIR FAMILIES WHILE SHARING ABUNDANT LIFE WITH AN ATTITUDE OF JOY, HOPE, AND COMMITMENT; REACHING OUT TO OUR COMMUNITY WITH A HOLISTIC FOCUS ON BODY, MIND, AND SPIRIT IN AN ENVIRONMENT WHICH LEADS TO CONTINUED EXCELLENCE AND FINANCIAL STRENGTH AS WE STRIVE FOR NEW AND INNOVATIVE WAYS TO BETTER SERVE OLDER ADULTS.NEDA'S CURRENT OPERATIONS PROVIDE SERVICES AND FACILITIES THAT MEET THE CHANGING NEEDS OF OLDER ADULTS. NEDA STRIVES TO ACHIEVE THE HIGHEST STANDARDS OF EXCELLENCE AND LEADERSHIP AS IT ENRICHES AND ENHANCES THE QUALITY OF LIFE FOR THOSE WITHIN NEDA'S CARE. NEDA'S COMMITMENT TO ASSISTING OLDER ADULTS ALSO GOES BEYOND THE RESIDENTIAL SETTINGS TO INCLUDE SEMINARS AND SPEAKING ENGAGEMENTS TO HELP COMMUNITY GROUPS AND AGENCIES, AS WELL AS CHURCHES, TO BETTER CARE FOR THEIR CONSTITUENTS. NEDA PRESENTLY OPERATES IN FOUR LOCATIONS. OCCUPANCY FOR 2024 AT RIVERCREST WAS 89%, THE GARDENS 97%, AND INDEPENDENT LIVING 96%. 42149763 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 195 0 808 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X JAMES MCGOWAN CFO 9784028237 80 DEACONESS ROAD CONCORD MA 01742 CHRISTOPHER SINTROS CEO/PRESIDENT 32.00 7.00 X X 429756 0 31641 KENNETH GRINNELL CHAIR 1.00 0.50 X X 0 0 0 JOHN YOUNG TREASURER 1.00 0.00 X X 0 0 0 CAROL WILSON BOARD MEMBER (IMMEDIATE PAST CHAIR) 1.00 0.50 X 0 0 0 GLENN BURLAMACHI BOARD MEMBER 1.00 0.50 X 0 0 0 DAVID MURPHY BOARD MEMBER 1.00 0.50 X 0 0 0 DONNA WEST BOARD MEMBER 1.00 0.50 X 0 0 0 REV JOHN LOMBARD BOARD MEMBER 1.00 0.00 X 0 0 0 HARRY HEDISON BOARD MEMBER 1.00 0.50 X 0 0 0 HON JOHN CRATSLEY BOARD MEMBER 1.00 0.00 X 0 0 0 DR SUNITA HANJURA BOARD MEMBER 1.00 0.50 X 0 0 0 REV MATTHEW J WISSELL BOARD MEMBER 1.00 0.50 X 0 0 0 SHEILA WATTS BOARD MEMBER 1.00 0.50 X 0 0 0 MARILYN MUDRY BOARD MEMBER 1.00 0.50 X 0 0 0 CHARLES THOMAS SWAIM BOARD MEMBER 1.00 0.50 X 0 0 0 FRAN LIPSON BOARD MEMBER 1.00 0.50 X 0 0 0 JAMES MCGOWAN CFO 32.00 7.00 X 284240 0 30537 SHEENA BRIEN DIRECTOR OF HR 40.00 0.00 X 192222 0 5472 CHRISTINE BATTISTI KEANE RIVERCREST ADMINISTRATOR 40.00 0.00 X 199711 0 5991 AMY CAPOFREDDI VP OF DEVELOPMENT & COMMUNITY LIFE 40.00 0.00 X 194788 0 27083 VICTORIA TAYLOR EXECUTIVE DIRECTOR 40.00 0.00 X 194006 0 27915 JENNY DIDONATO REGIONAL OPERATIONS SPECIALIST 40.00 0.00 X 208368 0 5221 ROSEMARIE DOLLETTE REGISTERED NURSE 40.00 0.00 X 155567 0 25981 CHARLES MORIN DIRECTOR OF IT 40.00 0.00 X 155020 0 866 DEBORAH MORRISON DIRECTOR OF MARKETING 40.00 0.00 X 172088 0 3729 WILLIAM O'CONNELL CONTROLLER 40.00 0.00 X 135123 0 26134 2320889 0 190570 27 0 1 0 MIKE MEJIA ELECTRIC LLC 17 MOUNT VIEW DR CLINTON MA 01510 ELECTRICIAN 592916 SUMCO ECO-CONTRACTING LLC 2 CENTENNIAL DRIVE SUITE 4D PEABODY MA 01960 CONTRACTORS 526415 NEW ENGLAND CONSTRUCTION 293 BOURNE AVE RUMFORD RI 02916 CONSTRUCTION 333309 NRG BUSINESS MARKETING PO BOX 32179 NEW YORK NY 100872179 MARKETING SERVICES 245180 HANDS-ON AMERICA SERVICES INC 572 BOSTON RD LEVEL 2 STE 20 BILLERICA MA 01821 HEALTHCARE SERVICES 190685 5 1261079 3884101 5145180 PATIENT SERVICE REVENUE 623000 48741306 48741306 ENTRANCE FEES 900099 1566250 1566250 CHAMBERLIN APARTMENTS 623000 17214 17214 RESIDENT FEES 623000 14365 14365 50339135 2328246 2328246 56912 1750 55162 55162 55162 6532105 6374702 2339 157403 -2339 155064 155064 49281 53388 -4107 -4107 LEGAL SETTLEMENT 900099 512575 512575 MISCELLANEOUS INCOME 900099 283635 283635 MEALS 900099 199704 199704 231380 231380 1227294 59245974 50339135 0 3761659 29148 29148 1623363 1312619 310744 24418643 19428635 4990008 945630 718855 226775 2192536 1748510 444026 2162238 1777873 384365 134560 134560 167781 167781 282004 282004 3776529 3769550 6979 110445 110445 1966831 1547310 419521 3259404 3154041 105363 97913 56396 41517 1382707 1382707 4830433 4830433 601905 91398 510507 FOOD 1911778 1891892 19886 BAD DEBT EXPENSE 366808 366808 DUES, LICENSES AND SUBS 366717 160715 206002 MEDICAL SUPPLIES 240116 240116 322632 9565 313067 51190121 42149763 9040358 0 689 689 34460338 16539691 1103198 0 7242683 7289314 91839 91838 645256 415175 151975312 76191294 74527887 75784018 45628648 52418165 7476616 8668598 171177154 161207488 4743334 5209021 7827633 7981542 37449866 36179960 4723961 0 123710291 128253873 178455085 177624396 X -14222948 -26769894 6945017 10352986 -7277931 -16416908 171177154 161207488 X 8055853 2512395 -1500000 -18207225 X 0 1 X 1 0 X 5445864 973534 5970511 3023111 5145180 20558200 35775400 39362453 42434216 44676880 50339135 212588084 188388 263244 354337 418062 889590 2113621 41409652 40599231 48759064 48118053 56373905 235259905 0 0 0 235259905 1108044 1138625 1386491 2392017 2385158 8410335 1108044 1138625 1386491 2392017 2385158 8410335 188388 40901 77693 128015 386985 821982 42706084 41778757 50223248 50638085 59146048 244492222 0.96220 0.96210 0.03440 0.03430 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 72,864. 2021 AMOUNT: $ 10,394. 2022 AMOUNT: $ 21,993. 2023 AMOUNT: $ 2,454. 2024 AMOUNT: $ 283,635. APPLICATION FEES - 2020 AMOUNT: $ 115,524. 2021 AMOUNT: $ 30,507. 2022 AMOUNT: $ 55,700. 2023 AMOUNT: $ 79,250. 2024 AMOUNT: $ 103,350. CREDIT CARD POINT REIMBURSEMENT - 2023 AMOUNT: $ 11,331. TRANSPORTATION REVENUE - 2023 AMOUNT: $ 34,980. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 42798594 3487486 46286080 42793964 6004630 6000000 42798594 51619265 -8825301 42793964 49476211 2143054 51619265 41870038 7606173 49476211 0.81970 0.13750 0.04280 0 0 15185 15185 112114546 58616486 53498060 22678081 7863813 14814268 12524003 7725178 4798825 4643497 1985817 2657680 75784018 BENEFICIAL INTERESTS IN PERPETUAL TRUSTS 745776 DEPOSITS HELD IN CASH ESCROW ACCOUNT 1558063 UTILITY DEPOSIT INVESTMENT 50869 DUE FROM AFFILIATE 3557728 ASSETS LIMITED TO USE 75366 GIFT ANNUITIES 28737 DERIVATIVE FINANCIAL INSTRUMENT 2133010 LEASE ROU 514049 DEPOSIT ON VEHICLE ORDER 5000 8668598 ENTRANCE FEE DEPOSITS 1055768 ENTRANCE FEE REFUNDS PAYABLE 1059990 GIFT ANNUITIES PAYABLE 16834 REFUNDABLE ENTRANCE FEES 125607232 RIGHT OF USE-LEASE LIABILITY 514049 128253873 61847537 2512395 34030 2546425 59301112 -55138 -55138 59245974 50963255 55138 55138 50908117 282004 282004 51190121 PART IV, LINE 2B: PROSPECTIVE FUTURE RESIDENTS OF THE CONTINUING CARE RETIREMENT COMMUNITY PAY A DEPOSIT ON THE ENTRANCE FEE AT THE TIME OF APPLICATION. DEPOSITS ARE PLACED IN AN INTEREST-BEARING ESCROW ACCOUNT FOR THE BENEFIT OF THE APPLICANT. THE BALANCE OF THE ENTRANCE FEE IS DUE PRIOR TO, AND AS A CONDITION OF, OCCUPANCY OF A RESIDENT UNIT. PRIOR TO OCCUPANCY, THESE FEES ARE REFUNDABLE WITH INTEREST TO THE APPLICANT UPON TERMINATION OF THE APPLICATION FOR RESIDENCY. PART V, LINE 4: NEDA'S ENDOWMENT ASSETS ARE INTENDED TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO SUPPORT VARIOUS PROGRAMS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS IN PERPETUITY. ENDOWMENT ASSETS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ASSOCIATION MUST HOLD IN PERPETUITY OR FOR A DONOR-SPECIFIED PERIOD AS WELL AS BOARD-DESIGNATED FUNDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUST 46,002. INVESTMENT FEES -282,004. CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 272,533. CHANGE IN VALUE OF GIFT ANNUITY -2,501. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -53,388. RENTAL EXPENSES -1,750. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 53,388. RENTAL EXPENSES 1,750. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT FEES 282,004. 1 ART FOR ALL INC 152 COMMONWEALTH AVE STUDIO 16 CONCORD MA 01742 301365226 501(C)(3) 10000 0 GENERAL SUPPORT 1 0 PART I, LINE 2: WITHIN ACCOUNTING DEPARTMENT, NEDA MAINTAINS RECORDS TO SUBSTANTIATE THE AMOUNT OF THE DONATIONS/GRANTS. NEDA HAS INFORMATION ABOUT THE RECIPIENTS BEFORE THE DONATION IS MADE, SO THAT THERE IS KNOWLEDGE OF ELIGIBILITY FOR THE DONATION. NEDA MANAGEMENT DECIDES WHO RECIEVES DONATIONS AND IS MADE AWARE HOW THE FUNDS WILL BE UTILIZED PRIOR TO THE DONATIONS BEING MADE. X X X 0 0 0 0 0 0 0 1 0 CHRISTOPHER SINTROS CEO/PRESIDENT 389756 0 40000 0 0 0 9887 0 21754 0 461397 0 0 0 JAMES MCGOWAN CFO 264240 0 20000 0 0 0 8783 0 21754 0 314777 0 0 0 VICTORIA TAYLOR EXECUTIVE DIRECTOR 169006 0 25000 0 0 0 6161 0 21754 0 221921 0 0 0 AMY CAPOFREDDI VP OF DEVELOPMENT & COMMUNITY LIFE 174788 0 20000 0 0 0 5329 0 21754 0 221871 0 0 0 JENNY DIDONATO REGIONAL OPERATIONS SPECIALIST 183368 0 25000 0 0 0 5221 0 0 0 213589 0 0 0 CHRISTINE BATTISTI KEANE RIVERCREST ADMINISTRATOR 184711 0 15000 0 0 0 5991 0 0 0 205702 0 0 0 SHEENA BRIEN DIRECTOR OF HR 174722 0 17500 0 0 0 5472 0 0 0 197694 0 0 0 ROSEMARIE DOLLETTE REGISTERED NURSE 155567 0 0 0 0 0 4227 0 21754 0 181548 0 0 0 DEBORAH MORRISON DIRECTOR OF MARKETING 141738 0 30350 0 0 0 3729 0 0 0 175817 0 0 0 WILLIAM O'CONNELL CONTROLLER 135123 0 0 0 0 0 4380 0 21754 0 161257 0 0 0 CHARLES MORIN DIRECTOR OF IT 150020 0 5000 0 0 0 866 0 0 0 155886 0 0 0 PART I, LINE 7 THE COMPENSATION COMMITTEE DECIDES ON BONUSES FOR TOP MANAGEMENT ANNUALLY BASED ON GOALS ESTABLISHED AT THE OUTSET OF EACH YEAR SUCH AS FINANCIAL AND OCCUPANCY STANDARDS. IF TOP MANAGEMENT REACHES THE GOALS SET FOR THEM, THEY ARE GRANTED A BONUS. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2017-07-03 44500000 RE-FINANCE SERIES A&B 2011 AND 2014 BONDS 0 0 0 A 7055000 44500000 44500000 2017 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 1 MA DEVELOPMENT FINANCE AGENCY 20.000000000000 0 0 0 0 1 A 1 FORM 990, PAGE 2, PART III LINE 4A NEW ENGLAND DEACONESS ASSOCIATION ("NEDA OR "DEACONESS") IS A NOT-FOR-PROFIT, NONSECTARIAN ORGANIZATION THAT HAS BEEN PROVIDING HEALTHCARE AND SOCIAL SERVICES SINCE 1889. ITS CORPORATE OFFICES ARE LOCATED IN CONCORD, MASSACHUSETTS. INFORMATION REGARDING THE HISTORY OF NEDA, THE BOARD OF DIRECTORS AND THE MANAGEMENT OF NEDA IS SET FORTH BELOW. SUCH INFORMATION IS INTENDED ONLY AS A BRIEF OVERVIEW OF THOSE ASPECTS OF NEDA. HISTORY ON NOVEMBER 1, 1889, THE NEW ENGLAND DEACONESS HOME AND TRAINING SCHOOL WAS INCORPORATED FOR THE PURPOSE OF UTILIZING THE ENERGIES OF WOMEN IN ACTIVE RELIGIOUS WORK, AND TO PROVIDE HOMES FOR THOSE NEEDING "REFUGE, CARE, AND SHELTER." IN 1900, THE NAME WAS CHANGED TO NEW ENGLAND DEACONESS ASSOCIATION. NEDA'S FIRST BUILDING ON MASSACHUSETTS AVENUE IN BOSTON WAS USED AS A RESIDENCE FOR THOSE TRAINING AS DEACONESSES BY THE MEDICAL PROFESSION. UPON GRADUATION, MANY DEACONESSES WERE SENT TO OTHER CITIES TO HELP ORGANIZE GROUPS FOR SIMILAR WORK. TO FULFILL THE URGENT NEED FOR A HOSPITAL FACILITY, THE NEW ENGLAND DEACONESS HOME AND TRAINING SCHOOL ACQUIRED THE HOUSE NEXT DOOR, WHICH IN 1896 WAS FORMALLY DEDICATED AS THE "DEACONESS HOSPITAL." ON NOVEMBER 25, 1911, THE DEACONESS COTTAGE HOSPITAL IN CONCORD OPENED THROUGH DONATIONS PROVIDED BY MR. CHARLES EMERSON, DR. THEODORE CHAMBERLIN AND MRS. FOUCAR, ALL OF CONCORD, MASSACHUSETTS. THIS HOSPITAL WAS RUN BY NEDA UNTIL 1924 WHEN IT WAS TURNED OVER TO THE CITIZENS OF CONCORD AND RENAMED EMERSON HOSPITAL. IN NOVEMBER 1913, THE HOME FOR AGED METHODIST WOMEN FORMALLY OPENED. THIS FACILITY CHANGED ITS NAME TO THE DEACONESS HOUSE IN 1971. OVER THE YEARS, NEW PROJECTS AND EXPANSIONS HAVE ENABLED NEDA TO BETTER SERVE ITS CLIENTS. IN 1964, NEDA'S FIRST NURSING HOME WAS BUILT IN CONCORD WITH 41 BEDS. THE RIVERCREST SKILLED NURSING CARE COMMUNITY IN CONCORD WAS EXPANDED IN 1968, 1993 AND 2002. IN 1967, THREE APARTMENT BUILDINGS (CONTAINING 12 UNITS) WERE BUILT IN CONCORD TO PROVIDE FOR AFFORDABLE INDEPENDENT LIVING. IN 1970, THE THREE-STORY CHAMBERLIN RESIDENTIAL CARE COMMUNITY, THE SOLARIUM, AND THE DUVALL CHAPEL WERE COMPLETED. IN 1971, ROCKRIDGE AT LAUREL PARK (NOW KNOWN AS ROCKRIDGE RETIREMENT COMMUNITY) WAS CONSTRUCTED AND BEGAN OPERATIONS IN NORTHAMPTON, MASSACHUSETTS AS A 61 UNIT RESIDENTIAL CARE COMMUNITY. IN 1994, NEWBURY COURT INDEPENDENT LIVING COMMUNITY WAS BUILT AND OPENED IN CONCORD. IN 2004, COTTAGES AND AN ASSISTED LIVING BUILDING WERE COMPLETED IN NORTHAMPTON, MASSACHUSETTS WHICH ARE NOW FULLY OCCUPIED. IN 2005, AN EXPANSION TO NEWBURY COURT IN CONCORD WAS COMPLETED. IN 2006, THE GARDENS MEMORY SUPPORT ASSISTED LIVING NEIGHBORHOOD OPENED AT ROCKRIDGE IN NORTHAMPTON, MASSACHUSETTS AND IN 2007, WESLEY WOODS, INDEPENDENT LIVING COTTAGE HOMES, OPENED IN GILFORD, NEW HAMPSHIRE ON THE FOOTHILLS OF GUNSTOCK MOUNTAIN AND A SECOND EXPANSION TO NEWBURY COURT AND THE GARDENS MEMORY SUPPORT NEIGHBORHOOD OPENED IN CONCORD. THE FINAL EXPANSION TO NEWBURY COURT OPENED IN 2009 IN CONCORD AND THE ENTIRE CONCORD COMMUNITY WAS RENAMED NEWBURY COURT. DEACONESS ABUNDANT LIFE COMMUNITIES ("DALC"), THE PARENT COMPANY OF NEDA, IS PROUD OF ITS TRADITION OF REACHING OUT TO MEET AND SERVE THE CHANGING PHYSICAL, SOCIAL, AND SPIRITUAL NEEDS OF OLDER ADULTS OVER THE YEARS SINCE ITS FOUNDING IN 1889. IN THESE 124 YEARS, MANY WORTHWHILE OUTREACH PROGRAMS AND PROJECTS HAVE BEEN SUPPORTED, INCLUDING SPECIAL HOMES AND SERVICES FOR RETIRED WOMEN AND MEN, SUMMER CAMPS FOR NEEDY CHILDREN, NURSING HOMES FOR THOSE REQUIRING SKILLED CARE, SCHOLARSHIPS AND GRANTS FOR THOSE INVOLVED IN HEALTH SERVICES, AND MORE. EACH YEAR DALC PROVIDES MILLIONS OF DOLLARS OF SUBSIDIZED CARE AND ACCOMMODATION TO OLDER ADULTS IN A VARIETY OF SETTINGS. ITS MISSION IS FOCUSED AT CREATING COMMUNITY AND PROVIDING AGING SERVICES TO PEOPLE OF VARIOUS ECONOMIC MEANS. OPERATIONAL OVERVIEW AND COMMUNITIES NEDA'S CURRENT STRATEGY IS PROVIDING CARE AND SERVICES TO OLDER ADULTS IN RESIDENTIAL SETTINGS. JUST AS THE ORIGINAL DEACONESSES MADE A DIFFERENCE IN THE LIVES OF THOSE THEY SERVED, NEDA CONTINUES TO WORK TO ENHANCE AND IMPROVE THE QUALITY OF LIFE FOR ITS RESIDENTS, THEIR FAMILIES AND THEIR COMMUNITIES. THE NEW ENGLAND DEACONESS ASSOCIATION CORE VALUES STATEMENT WAS DEVELOPED THROUGH THE INPUT OF STAFF, RESIDENTS, FAMILIES, CORPERATORS, AND THE BOARD OF DIRECTORS. IT DEFINES WHAT THE ORGANIZATION STANDS FOR AND WHY IT EXISTS. AT ALL LEVELS OF THE ORGANIZATION THE CORE VALUE STATEMENT IS USED TO GUIDE THE CHOICES AND DECISIONS IT MAKES. DEACONESS ABUNDANT LIFE CARES COMPASSIONATELY FOR OUR RESIDENTS, STAFF, VOLUNTEERS, AND THEIR FAMILIES WHILE SHARING ABUNDANT LIFE WITH AN ATTITUDE OF JOY, HOPE, AND COMMITMENT; REACHING OUT TO OUR COMMUNITY WITH A HOLISTIC FOCUS ON BODY, MIND, AND SPIRIT IN AN ENVIRONMENT WHICH LEADS TO CONTINUED EXCELLENCE AND FINANCIAL STRENGTH AS WE STRIVE FOR NEW AND INNOVATIVE WAYS TO BETTER SERVE OLDER ADULTS. NEDA'S CURRENT OPERATIONS PROVIDE SERVICES AND FACILITIES THAT MEET THE CHANGING NEEDS OF OLDER ADULTS. NEDA STRIVES TO ACHIEVE THE HIGHEST STANDARDS OF EXCELLENCE AND LEADERSHIP AS IT ENRICHES AND ENHANCES THE QUALITY OF LIFE FOR THOSE WITHIN NEDA'S CARE. NEDA'S COMMITMENT TO ASSISTING OLDER ADULTS ALSO GOES BEYOND THE RESIDENTIAL SETTINGS TO INCLUDE SEMINARS AND SPEAKING ENGAGEMENTS TO HELP COMMUNITY GROUPS AND AGENCIES, AS WELL AS CHURCHES, TO BETTER CARE FOR THEIR CONSTITUENTS. NEDA PRESENTLY OPERATES IN THREE LOCATIONS. NEWBURY COURT IN CONCORD, MASSACHUSETTS SITUATED ON A MAGNIFICENT 35 ACRE SITE, THE CONCORD CAMPUS OVERLOOKS THE SUDBURY RIVER WITH ITS ROLLING MEADOWS AND ABUNDANT WILDLIFE. THE PRISTINE PROPERTY IS IDEALLY LOCATED A SHORT DISTANCE FROM WALDEN POND, NEAR EMERSON HOSPITAL AND JUST ACROSS FROM THE CONCORD COUNTRY CLUB. NEWBURY COURT INCLUDES 230 INDEPENDENT LIVING SUITES, 28 MEMORY SUPPORT ASSISTED LIVING UNITS (OUR GARDENS NEIGHBORHOOD) AND 42 SKILLED NURSING UNITS (RIVERCREST REHAB AND WELLNESS CENTER). ALSO ON THE CONCORD CAMPUS IS NEDA'S OUTPATIENT REHABILITATION PROGRAM AND HOME HEALTH PROGRAM, AS WELL AS ADULT DAY CARE PROVIDED BY COOPERATIVE ELDER SERVICES, INC. ROCKRIDGE IN NORTHAMPTON, MASSACHUSETTS ROCKRIDGE RETIREMENT COMMUNITY ("ROCKRIDGE") OFFERS 13 COTTAGES, 30 INDEPENDENT/ASSISTED LIVING APARTMENTS, 46 RESIDENTIAL CARE SUITES, 26 MEMORY SUPPORT ASSISTED LIVING SUITES, AND 25 INDEPENDENT LIVING UNITS. THE COMMUNITY PROVIDES SINGLES AND COUPLES, 62 OR OLDER, WITH A REWARDING RETIREMENT LIFESTYLE ON A 12-ACRE SITE ADJACENT TO THE FITZGERALD LAKE CONSERVATION AREA. ESTABLISHED IN 1971, THE ROCKRIDGE GROUNDS, SURROUNDED BY THE COUNTRYSIDE, ENABLE RESIDENTS TO ENJOY SAFE WALKS ALONG PAVED WALKWAYS AND QUIET NATURE TRAILS. ROCKRIDGE FEATURES FORMAL DINING, PRIVATE DINING, LIBRARY, PARLOR, LOUNGES, COMMUNITY ROOM, COUNTRY KITCHEN AND STORE, HAIR SALON, FITNESS ROOM, HOBBY/RECREATION ROOM, AN ELEVATOR TO ALL FLOORS, AND A GAZEBO NEAR THE OUTDOOR TERRACE. WESLEY WOODS IN GILFORD, NEW HAMPSHIRE SET IN A WOODED AREA IN THE TOWN OF GILFORD, NEW HAMPSHIRE, WESLEY WOODS OFFERS A VARIETY OF RESIDENTIAL COTTAGE HOMES TO MATCH EACH PERSON'S NEEDS. THERE ARE 39 INDEPENDENT LIVING COTTAGE HOMES. WESLEY WOODS IS LOCATED IN THE FOOTHILLS OF GUNSTOCK MOUNTAIN, NOT FAR FROM LAKE WINNIPESAUKEE AND JUST TWO MILES FROM THE CONVENIENCE OF DOWNTOWN LACONIA, WITH SHOPPING, BANKING AND MEDICAL SERVICES. COMMUNITY SPACE IS AVAILABLE FOR PROGRAMS, FUNCTIONS, AND FITNESS. WESLEY WOODS IN GILFORD IS A MEMBER OF THE NEDA. RESIDENCY CARE AGREEMENTS ELIGIBILITY: PRE-OCCUPANCY SCREENING THE RESIDENT, OR ONE OF THEM IN THE CASE OF UNITS HOUSING TWO PERSONS, MUST BE AT LEAST 62 YEARS OF AGE (55 FOR WESLEY WOODS) AT THE TIME HE OR SHE OCCUPIES AN INDEPENDENT LIVING UNIT AT NEDA. THE RESIDENT IS REQUIRED TO HAVE A COMPLETE EXAMINATION BY A PHYSICIAN OF THE RESIDENT'S CHOICE AT THE RESIDENT'S EXPENSE AT THE TIME OF APPLICATION FOR RESIDENCY AT NEDA AND NOT MORE THAN 60 DAYS PRIOR TO MOVE-IN. THE RESIDENT MUST FURNISH TO NEDA A REPORT OF THE PHYSICIAN CONDUCTING THE EXAMINATION ON A MEDICAL FORM TO BE PROVIDED BY NEDA. FORM 990, PAGE 2, PART III LINE 4A AT THE TIME OF RESERVATION, THE RESIDENT MUST FURNISH INFORMATION TO NEDA WITH RESPECT TO THE RESIDENT'S FINANCIAL RESOURCES DEMONSTRATING TO NEDA'S SATISFACTION THAT THE RESIDENT HAS THE FINANCIAL ABILITY TO PAY THE ENTRANCE FEE OR COMMUNITY FEE, THE MONTHLY FEE, CHARGES FOR ADDITIONAL SERVICES, AS HEREINAFTER DEFINED, AND PERSONAL LIVING EXPENSES DURING THE TERM OF THE RESIDENCY AGREEMENT. THE RESIDENT SHALL FURNISH UPDATED FINANCIAL INFORMATION TO NEDA NOT LESS THAN 60 DAYS PRIOR TO OCCUPANCY. NEDA RESERVES THE RIGHT TO DECLARE THE RESIDENCY AGREEMENT NULL AND VOID IF, BASED UPON ANY INFORMATION SUBMITTED BY THE RESIDENT, NEDA DETERMINES THAT THE RESIDENT DOES NOT MEET THE FINANCIAL CRITERIA FOR RESIDENCY ESTABLISHED BY NEDA FROM TIME TO TIME. SERVICES PROVIDED BY NEDA DURING THE RESIDENT'S OCCUPANCY OF AN INDEPENDENT LIVING UNIT, NEDA WILL PROVIDE THE RESIDENT WITH THE SERVICES PRESCRIBED BELOW IN CONSIDERATION OF PAYMENT OF THE MONTHLY FEE. RESIDENTS HAVE THE OPTION OF TWO SERVICE PLANS - "THE FOUNDATION AND "THE ADVANTAGE" AS DESCRIBED IN THE RESIDENCY AGREEMENT. UNDER THE FOUNDATION PACKAGE, RESIDENTS ARE PROVIDED WITH THE FOLLOWING SERVICES: - SEWER, WATER, HEAT, AIR-CONDITIONING AND ELECTRICITY FOR THE INDEPENDENT LIVING UNIT, AND CENTRAL WIRING FOR CABLE TELEVISION, INTERNET HOOK-UP AND TELEPHONE HOOK-UP; - EMERGENCY ALERT SYSTEMS AND A SECURITY ACCESS SYSTEM MONITORED BY PERSONNEL OR BY ELECTRONIC DEVICES; - MAINTENANCE OF ALL GROUNDS AND COMMON AREAS; - LOCAL TRANSPORTATION TO DESIGNATED SHOPPING, BANKING, PLANNED GROUP EVENTS, MEDICAL FACILITIES, AND OTHER LOCAL DESTINATIONS ON A REGULARLY SCHEDULED BASIS; AND - A VARIETY OF SOCIAL, RECREATIONAL, EDUCATIONAL AND CULTURAL PROGRAMS. UNDER THE ADVANTAGE PACKAGE, RESIDENTS WILL BE PROVIDED WITH THE FOLLOWING ADDITIONAL SERVICES: - THE EQUIVALENT OF ONE MEAL PER DAY AT THE COMMUNITY DINING ROOM (MEAL EQUIVALENTS MAY BE USED AT ANY TIME DURING THE MONTH FOR THE RESIDENT'S MEALS OR FOR GUEST DINING, AND ANY UNUSED MEAL ALLOCATIONS FOR ANY CALENDAR MONTH WILL BE FORFEITED AND MAY NOT BE APPLIED AS A CREDIT AGAINST MEAL CHARGES FOR ANY OTHER CALENDAR MONTH); AND - LIGHT HOUSEKEEPING, VACUUMING, DUSTING, BATHROOM AND KITCHEN CLEANING ON A SCHEDULED BASIS EVERY WEEK, AND WEEKLY FLAT LINEN SERVICE. ADDITIONAL SERVICES AS DESCRIBED BELOW SHALL BE AVAILABLE ON A FEE-FOR-SERVICE BASIS: - HOUSEKEEPING BEYOND THAT DESCRIBED ABOVE; - LAUNDRY SERVICE FOR PERSONAL ITEMS OR MORE THAN DESCRIBED ABOVE; - TRANSPORTATION BEYOND THAT DESCRIBED ABOVE; - CATERING FOR SPECIAL OCCASIONS; - TRAY SERVICE FOR MEALS DELIVERED TO THE INDEPENDENT LIVING UNIT; - ADDITIONAL AND/OR GUEST MEALS BEYOND THOSE DESCRIBED ABOVE; - COUNTRY STORE PURCHASES; - SPA, BARBER AND BEAUTY SHOP SERVICES; - PERSONAL TRAINING SERVICES; - PERSONAL AND HOME CARE SERVICES; - MAINTENANCE AND REPAIRS FOR WHICH THE RESIDENT IS RESPONSIBLE; AND - OUTPATIENT REHABILITATION SERVICES. NEWBURY COURT RESIDENTS TRANSFERRING TO EITHER RIVERCREST WELLNESS AND REHAB CENTER OR THE GARDENS RECEIVE A 20% DISCOUNT ON THE PRIVATE PAY RATE. DURING THE RESIDENT'S OCCUPANCY IN THE MEMORY SUPPORT UNIT, NEDA WILL PROVIDE THE RESIDENT WITH THE SERVICES PRESCRIBED BELOW IN CONSIDERATION OF PAYMENT OF THE MONTHLY FEE. THE FOLLOWING ROUTINE SERVICES AND AMENITIES ARE INCLUDED IN THE BASE MONTHLY FEE: - THREE MEALS DAILY; SERVED FAMILY STYLE IN THE GARDENS COUNTRY KITCHEN. MEAL CREDITS ARE NOT USED IN THE GARDENS PROGRAM. IF A RESIDENT IS OUT FOR A PERIOD EXCEEDING 14 DAYS, DUE TO EITHER A PLANNED OR UNPLANNED ABSENCE, A PRORATED MEAL CREDIT, COMMENCING THE DAY OF LEAVE, WILL BE CALCULATED INTO THE NEXT BILLING STATEMENT; - LAUNDRY SERVICES FOR PERSONAL ITEMS; ONE LOAD PER WEEK; - WEEKLY LIGHT HOUSEKEEPING SERVICES CONSISTING OF VACUUMING, DUSTING, CLEANING BATHROOM AND KITCHEN AREAS; - WEEKLY LAUNDRY SERVICES OF BED LINENS; - SAFETY CHECKS AT EACH MEAL; - TWENTY-FOUR HOURS OF PERSONAL ASSISTANCE PER MONTH FOR BATHING, DRESSING AND GROOMING; - SELF-ADMINISTERED MEDICATION MANAGEMENT SYSTEM FOR MEDICATION REMINDERS AND CUEING; - SPECIALIZED PROGRAM CALENDAR WITH FAILURE FREE ACTIVITIES. AT LEAST FOUR HOURS OF SCHEDULED PROGRAMMING PER DAY OF ENRICHMENT ACTIVITIES; AND - MONTHLY WELLNESS CHECKS, BLOOD PRESSURE SCREENINGS AND WEEKLY WEIGH-INS. FOR AN ADDITIONAL CHARGE, AS PART OF THE SERVICE PLAN OR SPECIFICALLY AT THE RESIDENT'S AND/OR FAMILY REQUEST, NEDA OFFERS THE FOLLOWING SPECIAL SERVICES: - LAUNDRY SERVICES FOR PERSONAL ITEMS BEYOND SERVICE PACKAGE DETAIL; - TRAY SERVICE FOR RESIDENTS WHO ARE ILL (NO MORE THAN FOUR TIMES PER MONTH WITHOUT CHARGE); - ADDITIONAL PERSONAL CARE ASSISTANCE; LIMITED TO ONE PERSON ASSIST, NOT TO EXCEED 72 HOURS PER MONTH OF CARE; AND - HEAVY, NON-ROUTINE HOUSEKEEPING AND MAINTENANCE. THE RESIDENT MAY OBTAIN THE FOLLOWING OPTIONAL SERVICES AT THE RESIDENCE FOR AN ADDITIONAL CHARGE: - GUEST MEALS; GUESTS ARE ENCOURAGED TO MAKE RESERVATIONS IN THE TRADITIONAL ASSISTED LIVING RESTAURANT (COUNTRY KITCHEN). RESERVATIONS MUST BE MADE WITH 48 HOURS NOTICE; - BARBER AND BEAUTY SERVICES; - PRIVATE DINING ROOM AVAILABLE FOR GUESTS ALONG WITH CATERING SERVICES; AND - SPECIAL OUTSIDE ACTIVITIES. FINANCIAL ASSISTANCE WITHOUT LIMITING NEDA'S RIGHT TO TERMINATE THE RESIDENCY AGREEMENT, IF THE SOLE REASON FOR THE RESIDENT'S FAILURE TO PAY THE MONTHLY FEE, OR ANY OTHER AMOUNTS DUE TO NEDA UNDER THE RESIDENCY AGREEMENT (COLLECTIVELY REFERRED TO HEREIN AS THE "RESIDENT'S FEE") IS DUE TO INSUFFICIENT FUNDS DUE TO CIRCUMSTANCES BEYOND THE CONTROL OF THE RESIDENT, THE FAILURE TO MAKE SUCH PAYMENTS WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR AND BUSINESS OFFICE (THE "FINANCIAL REVIEW COMMITTEE") WITH THE RESIDENT OR HIS/HER REPRESENTATIVES. IF THE RESIDENT PRESENTS TO NEDA FACTS, WHICH IN THE FINANCIAL REVIEW COMMITTEE'S SOLE OPINION, JUSTIFY SPECIAL FINANCIAL CONSIDERATION, NEDA MAY, BUT SHALL NOT BE OBLIGATED TO DO SO, PARTLY OR WHOLLY SUBSIDIZE THE RESIDENT'S FEES; PROVIDED HOWEVER, THAT SUCH SUBSIDY WILL NOT IMPAIR THE ABILITY OF NEDA TO ATTAIN ITS OBJECTIVES WHILE OPERATING ON A SOUND FINANCIAL BASIS. NEDA RESERVES THE RIGHT TO ESTABLISH CONDITIONS TO SUCH SUBSIDY. UPON TERMINATION OF THE RESIDENCY AGREEMENT, NEDA SHALL HAVE THE RIGHT TO RECOVER AGAINST THE RESIDENT OR THE RESIDENT'S ESTATE THE AGGREGATE AMOUNT OF THE RESIDENT'S FEES THAT HAVE BEEN SUBSIDIZED BY NEDA, TOGETHER WITH INTEREST ON THE AMOUNT OF THE SUBSIDY AT AN ANNUAL RATE EQUAL TO THE PRIME RATE ESTABLISHED BY SOVEREIGN BANK OR ITS SUCCESSOR ON THE EFFECTIVE DATE OF TERMINATION PLUS 1%. SUCH AMOUNT MAY BE DEDUCTED BY NEDA FROM THE AMOUNT OF ANY ENTRANCE FEE REFUND THAT MAY BE PAYABLE TO THE RESIDENT OR TO HIS OR HER ASSIGNEES OR TO THE RESIDENT'S ESTATE UNDER THE TERMS OF THE RESIDENCY AGREEMENT. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS THE NEW ENGLAND DEACONESS ASSOCIATION - ABUNDANT LIFE COMMUNITIES, INC. (EIN 26-0300617), PER THE ORGANIZATION'S BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER OF THE ORGANIZATION, THE NEW ENGLAND DEACONESS ASSOCIATION - ABUNDANT LIFE COMMUNITIES, INC., HAS THE POWER TO ELECT THE DIRECTORS OF THE CORPORATION PER THE ORGANIZATION'S BY-LAWS. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER OF THE ORGANIZATION, THE NEW ENGLAND DEACONESS ASSOCIATION - ABUNDANT LIFE COMMUNITIES, INC., HAS THE POWER TO MAKE VARIOUS GOVERNANCE DECISIONS PER THE ORGANIZATION'S BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT & CEO AND CHAIRPERSON OF THE BOARD INITIALLY REVIEW THE FORM 990. ALL COMMENTS ARE ADDRESSED AND A FINAL COPY OF THE FORM 990 IS DISTRIBUTED TO EVERY MEMBER OF THE BOARD BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST STATEMENT IS COMPLETED ANNUALLY BY OFFICERS, DIRECTORS, AND KEY EMPLOYEES. THE PRESIDENT AND SECRETARY OF THE BOARD MONITOR THE POLICY. FAMILY AND BUSINESS RELATIONSHIPS ARE EXPRESSLY MENTIONED IN THE POLICY. BOARD MEMBERS AND OTHER INTERESTED PERSONS SHALL DISCLOSE ALL FACTS MATERIAL TO THE CONFLICT. SUCH PERSON WILL NOT PARTICIPATE IN OR BE PRESENT TO HEAR DISCUSSIONS ON THE CONFLICT EXCEPT TO DISCLOSE MATERIAL FACTS AND RESPOND TO QUESTIONS. THE PERSON WILL NOT VOTE ON ANY QUESTIONS REGARDING A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 A COMPENSATION COMMITTEE REVIEWS AND DETERMINES THE SALARY INCREASE/DECREASE FOR THE PRESIDENT & CEO AS WELL AS OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION. COMPARABLE SALARIES FROM ORGANIZATIONS OF SIMILAR SIZE AND OPERATIONS ARE CONSIDERED WHEN DETERMINING COMPENSATION TO ENSURE THAT ALL OFFICER AND KEY EMPLOYEE COMPENSATION ARE WITHIN FAIR MARKET RANGE FOR THE INDUSTRY. ALL BOARD LEVEL DISCUSSIONS ON COMPENSATION ARE RECORDED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUST 46,002. CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 272,533. CHANGE IN VALUE OF GIFT ANNUITY -2,501. EQUITY TRANSFERS -18,523,259. NEDA MALDEN SENIOR LIVING INC 80 DEACONESS ROAD CONCORD MA 01742 204553639 RETIREMENT COMMUNITY MA 501(C)(3) LINE 10 DEACONESS ABUNDANT LIFE COMMUNITIES INC 0 DEACONESS ABUNDANT LIFE COMMUNITIES INC 80 DEACONESS ROAD CONCORD MA 01742 260300617 ADMINISTRATIVE SUPPORT TO NEDA AND AFFILIATES MA 501(C)(3) LINE 12B, II N/A 0 DEACONESS ABUNDANT LIFE SERVICES INC 80 DEACONESS ROAD CONCORD MA 01742 852569793 IN-HOME HEALTH CARE SERVICES MA 501(C)(3) LINE 10 DEACONESS ABUNDANT LIFE COMMUNITIES INC 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0