2017-10-17T10:25:17-04:00 2016-12-31 520783935 SMITH ELLIOTT KEARNS & COMPANY LLC 480 N POTOMAC ST HAGERSTOWN MD 21740 990 2016-01-01 520610464 FAHRNEY-KEEDY MEMORIAL HOME INC AKA FAHRNEY-KEEDY HOME AND VILLAGE FAHR 3017336284 8507 MAPLEVILLE ROAD BOONSBORO MD 217131818 ANITA WADE TREASURER/CFO 3017336284 2017-10-11 TIMOTHY E PETERS CPA P00957675 3017335020 2017-10-11 081E2B4EA748E9805374A5A2B93D29B44116E905 F292BA449C1BF8BBA7F8F0BF46EB3EDD96736C0F 2016 2021-01-29 14:40:06Z STEPHEN COETZEE 8507 MAPLEVILLE ROAD BOONSBORO MD 21713 13683375 false X WWW.FKHV.ORG X 1905 MD WE ARE COMMITTED TO ENHANCING THE LIVES OF SENIORS THROUGH CARING QUALITY SERVICES. WE ARE A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) WITH INDEPENDENT LIVING SERVICES, ASSISTED LIVING SERVICES, AND NURSING SERVICES. THE ORGANIZATION HAS 36 INDEPENDENT LIVING COTTAGES, 26 INDEPENDENT LIVING APARTMENTS, 32 ASSISTED LIVING BEDS, AND A 101 BED SKILLED NURSING FACILITY LOCATED IN BOONSBORO, MARYLAND. 15 15 321 200 0 650694 282548 12182673 13342945 14971 27999 11439 16573 12859777 13670065 0 0 6848895 9022425 0 121746 6293063 5967223 13141958 14989648 -282181 -1319583 21910358 21964168 8564392 9724641 13345966 12239527 X WE ARE COMMITTED TO ENHANCING THE LIVES OF SENIORS THROUGH CARING QUALITY SERVICES. WE ARE A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) WITH INDEPENDENT LIVING SERVICES, ASSISTED LIVING SERVICES, AND NURSING SERVICES. THE ORGANIZATION HAS 36 INDEPENDENT LIVING COTTAGES, 26 INDEPENDENT LIVING APARTMENTS, 32 ASSISTED LIVING BEDS, AND A 101 BED SKILLED NURSING FACILITY LOCATED IN BOONSBORO, MARYLAND. false false 7782453 10341628 NURSING SERVICES TO PRIVATE PAY, MEDICARE, AND MEDICAID RESIDENTS. 967393 1932067 ASSISTED LIVING SERVICES. 425468 909852 INDEPENDENT LIVING SERVICES. 4339155 159398 ALL OTHER SERVICES INCLUDE EXECUTIVE MANAGEMENT SERVICES, BUSINESS SUPPORT SERVICES, OTHER PATIENT CARE EXPENSES, DIETARY SERVICES, AND PROPERTY SERVICES. 4339155 159398 13514469 true true false false false false false false false true true false false true true true true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 28 0 true 321 true false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true false false MD X ANITA WADE 3017336284 8507 MAPLEVILLE ROAD BOONSBORO MD 21713 MARY ROSBOROUGH CHAIR 4.00 X X 0 0 0 DAVID ESWORTHY VICE CHAIR 1.00 X X 0 0 0 CHARLES ANGLE DIRECTOR 1.00 X 0 0 0 JAMES BENEDICT DIRECTOR 1.00 X 0 0 0 LERRY FOGLE DIRECTOR 1.00 X 0 0 0 LESLIE HART DIRECTOR 1.00 X 0 0 0 MARK HERR DIRECTOR 1.00 X 0 0 0 KAY HOFFMAN DIRECTOR 1.00 X 0 0 0 PAT LINTON DIRECTOR 1.00 X 0 0 0 DR HEATHER LORENZO DIRECTOR 1.00 X 0 0 0 JOHN MILLER DIRECTOR 1.00 X 0 0 0 RICHARD PRYOR DIRECTOR 1.00 X 0 0 0 DOROTHY STRAWSBURG DIRECTOR 1.00 X 0 0 0 DENISE RYAN DIRECTOR 1.00 X 0 0 0 LOYAL VANDERVEER DIRECTOR 1.00 X 0 0 0 STEPHEN COETZEE PRESIDENT/CE 40.00 X 147198 0 22638 CASSANDRA WEAVER EXECUTIVE DI 40.00 X 93613 0 26322 WAYNE STOUFFER FORMER TREAS 40.00 X 90083 0 3802 ANITA WADE TREASURER/CF 40.00 X 24232 0 127 355126 52889 1 false true false DIVISION 9 CONSTRUCTION LLC PO BOX 286 NEW MARKET MD 21774 CONSTRUCTION 337720 1 52143 230405 282548 PATIENT SERVICE 623000 12273695 12273695 AMORTIZATION OF ENTRANCE FEES 623000 600365 600365 INDEPENDENT LIVING 623000 309487 309487 RESIDENT SERVICES 623000 159398 159398 13342945 34590 34590 200 6791 -6591 -6591 -6591 23092 6519 16573 16573 13670065 13342945 44572 X 415569 9830 382144 23595 6711774 6270125 358875 82774 33437 27792 5645 1337439 1269712 60003 7724 524206 466392 51667 6147 43185 43185 16293 5316 10977 59815 59815 2049322 1939787 109535 79839 22837 56819 183 559400 521743 37187 470 78923 78923 494267 479045 15222 71544 65908 5375 261 22892 12849 9731 312 170752 161975 8777 840955 804572 36383 129021 122389 6632 PRESCRIPTION DRUGS 491216 491216 FOOD COSTS 317877 317877 REPAIRS & MAINTENANCE 244245 235729 8516 BAD DEBTS 168703 168703 128974 77487 51207 280 14989648 13514469 1353433 121746 215224 294833 848278 312899 1351724 1380548 194249 163410 24639545 11828299 11445473 12811246 768866 295471 201168 29537 6885376 6676224 21910358 21964168 734700 1024421 3190857 3321577 4247428 3886816 391407 1491827 8564392 9724641 X 6609530 6635818 6736436 5603709 13345966 12239527 21910358 21964168 -1319583 213144 X false true X true true true X 444404 2019761 593938 650694 282548 3991345 12694420 12589414 12427803 12182673 13342945 63237255 13751 18331 23092 55174 13138824 14609175 13035492 12851698 13648585 67283774 20476 1387503 49537 101283 1558799 20476 1387503 49537 101283 1558799 65724975 53608 40843 41418 41788 34590 212247 53608 40843 41418 41788 34590 212247 13192432 14650018 13076910 12893486 13683175 67496021 0.97380 0.97280 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 970034 84362 729388 325008 995091 -25057 970034 914974 80117 995091 823636 91338 914974 754636 73902 4902 823636 1.00000 false false 355020 355020 20448242 9506296 10941946 2175443 1591534 583909 1660840 730469 930371 12811246 BENEFICIAL INTEREST IN TRUSTS 5603709 OPERATING RESERVE 1072515 6676224 LINE OF CREDIT 1199000 LIFE CARE CREDITS 174670 CAPITAL LEASE 118157 1491827 X 13893367 213144 10158 223302 13670065 13670065 14999806 10158 10158 14989648 14989648 SCHEDULE D, PAGE 2, PART V, LINE 4 THE HOME HAS A BOARD DESIGNATED ENDOWMENT FUND. THE INCOME EARNED ON THE ENDOWMENT FUND, INCLUDING APPRECIATION, IS EXPENDABLE, FOR THE MAINTENANCE AND REPAIR OF THE HOME'S FACILITIES. ASC 958 PROVIDES GUIDANCE ON THE NET ASSET CLASSIFICATION OF ENDOWMENT FUNDS FOR A NOT-FOR-PROFIT ORGANIZATION THAT IS SUBJECT TO AN ENACTED VERSION OF THE UNIFORM PRUDENT MANAGEMENT OF INSTITUTIONAL FUNDS ACT OF 2006 (UPMIFA.) ASC 958 ALSO REQUIRES DISCLOSURES ABOUT AN ORGANIZATION'S BOARD DESIGNATED ENDOWMENT FUNDS, AND THAT THE ORGANIZATION IS SUBJECT TO UPMIFA UNDER STATE LAW. ENDOWMENT INVESTMENT AND SPENDING POLICY: THE HOME'S INVESTMENT POLICY IS TO PROVIDE A COMMON INVESTMENT VEHICLE, WHICH WILL GENERATE A STABLE AND CONTINUOUSLY GROWING INCOME STREAM TO SUPPORT OPERATIONS. THE OVERALL INVESTMENT GOAL IS TO PRESERVE THE PURCHASING POWER OF THE FUTURE STREAM OF ENDOWMENT PAYOUT FOR THOSE FUNDS. OTHER GOALS INCLUDE MAXIMIZING RETURN WITHIN REASONABLE AND PRUDENT LEVELS OF RISK AND MAXIMIZING THE VALUE OF THE ENDOWMENT WHILE MAINTAINING LIQUIDITY NEEDED TO SUPPORT SPENDING IN PROLONGED DOWN MARKETS. THE HOME SEEKS A RETURN ON INVESTMENT CONSISTENT WITH LEVELS OF INVESTMENT RISK THAT ARE PRUDENT AND REASONABLE GIVEN MEDIUM-TO-LONG-TERM CAPITAL MARKET CONDITIONS AND THE INVESTMENT OBJECTIVES. THE HOME HAS BEEN ENABLED BY DONORS TO SPEND THE INTEREST AND DIVIDENDS DERIVED FROM THE ENDOWMENT FUND ON ITS REPAIRS AND MAINTENANCE COSTS. SCHEDULE D, PAGE 3, PART X THE HOME FOLLOWS THE FASB ACCOUNTING STANDARDS CODIFICATION, WHICH PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. THE HOME'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IN THE FINANCIAL STATEMENTS. THE HOME'S INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE AND LOCAL TAXING AUTHORITIES, GENERALLY FOR A PERIOD OF THREE YEARS AFTER THE RETURNS ARE FILED. SCHEDULE D, PAGE 4, PART XI, LINE 2D DIRECT FUNDRAISING EXPENSE REPORTED ON PART VIII, LINE 8B 6,519 PROVISION FOR BAD DEBTS EXPENSE INCLUDED IN REVENUE ON FIN 3,639 SCHEDULE D, PAGE 4, PART XII, LINE 2D DIRECT FUNDRAISING EXPENSE REPORTED ON PART VIII, LINE 8B 6,519 PROVISION FOR BAD DEBTS EXPENSE INCLUDED IN REVENUE ON FIN 3,639 GOLF TOURNAMENT 22704 22704 6519 22704 22704 6519 6519 16185 false false false false false false false false false STEPHEN COETZEE PRESIDENT/CEO 147198 22638 169836 FORM 990 - ORGANIZATION'S MISSION WE ARE COMMITTED TO ENHANCING THE LIVES OF SENIORS THROUGH CARING QUALITY SERVICES. WE ARE A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) WITH INDEPENDENT LIVING SERVICES, ASSISTED LIVING SERVICES, AND NURSING SERVICES. THE ORGANIZATION HAS 36 INDEPENDENT LIVING COTTAGES, 26 INDEPENDENT LIVING APARTMENTS, 32 ASSISTED LIVING BEDS, AND A 101 BED SKILLED NURSING FACILITY LOCATED IN BOONSBORO, MARYLAND. FORM 990, PAGE 2, PART III, LINE 4D ALL OTHER SERVICES INCLUDE EXECUTIVE MANAGEMENT SERVICES, BUSINESS SUPPORT SERVICES, OTHER PATIENT CARE EXPENSES, DIETARY SERVICES, AND PROPERTY SERVICES. FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD MEETS SEMI-MONTHLY AND THE 990 INFORMATION IS PROVIDED AT THEIR NEXT MEETING AFTER THE 990 IS RECEIVED. FORM 990, PAGE 6, PART VI, LINE 12C QUESTIONS, CLARIFICATIONS, AND VIOLATION/REPORTING ISSUES SHOULD BE DIRECTED TO THE APPROPRIATE DEPARTMENT HEAD, FACILITY ADMINISTRATOR, CORPORATE COMPLIANCE OFFICER, OR CORPORATE COMPLIANCE COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 15A THE COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS AND SUBMITTED IN A LETTER BY THE PRESIDENT OF THE BOARD OF DIRECTORS TO THE ACCOUNTING DEPARTMENT. FORM 990, PAGE 6, PART VI, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION IN THE ACCOUNTING OFFICE AND THE CEO'S OFFICE. FORM 990, PART IX, LINE 11G OCCUPATIONAL THERAPY 542,586 0 0 PHYSICAL THERAPY 579,986 0 0 SPEECH THERAPY 90,197 0 0 DIETARY SERVICES 52,825 0 0 LAB CHARGES 42,070 0 0 OTHER FEES FOR SERVICES 632,123 109,535 0 TOTAL 1,939,787 109,535 0 FORM 990, PART XI, LINE 9 DIRECT FUNDRAISING EXPENSE REPORTED ON PART VIII, LINE 8B 6,519 PROVISION FOR BAD DEBTS EXPENSE INCLUDED IN REVENUE ON FIN 3,639 DIRECT FUNDRAISING EXPENSE REPORTED ON PART VIII, LINE 8B -6,519 PROVISION FOR BAD DEBTS EXPENSE INCLUDED IN REVENUE ON FIN -3,639