2017-02-10T09:32:37-06:00 2016-03-31 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2015-04-01 620630670 ASBURY INC ASBU 8659826109 910 WILDER CHAPEL LANE MARYVILLE TN 37804 MARJORIE SHONNARD VP OF OPERATIONS 8659826109 2017-02-09 1 JOHN NORMAN P01506766 7049985200 2017-02-07 2015 2021-01-29 14:40:06Z MARJORIE SHONNARD 910 WILDER CHAPEL LANE MARYVILLE TN 37804 32395936 0 X WWW.ASBURYPLACE.ORG X 1956 TN CELEBRATE LIFE - EVERY DAY, THROUGH EVERY CIRCUMSTANCE, WITH EVERY PERSON, IN EVERY WAY. 12 11 748 155 0 0 38571 245849 32325369 31836773 1755211 209834 0 0 34119151 32292456 0 0 0 0 15675113 15515705 0 0 0 19141965 17581571 34817078 33097276 -697927 -804820 72871500 72075589 49366476 50001687 23505024 22073902 X TO PROVIDE SENIOR COMMUNITIES THAT OFFER FREEDOM AND SECURITY WITH COMPASSION. 0 0 27578152 31836773 ASBURY, INC PROVIDES A REGIONAL NETWORK OF CONTINUING CARE RETIREMENT COMMUNITIES THAT MINISTER TO THE SPIRITUAL AND PHYSICAL NEEDS OF ITS RESIDENTS, PROVIDE A SAFE, CLEAN, AND COMFORTABLE ENVIRONTMENT, AND TREAT SENIORS WITH RESPECT AND DIGNITY. OVER 1,000 CLIENTS SERVED DURING THE YEAR. ASBURY INC CONTRIBUTES TIME, SPACE AND MANPOWER BACK TO THE GREATER COMMUNITY IN WHICH ITS CONTINUING CARE RETIREMENT COMMUNITIES ARE LOCATED. ALL OF THE COMMUNITIES PROVIDE CHARITY CARE TO THOSE RESIDENTS WHOSE NEEDS EXCEED THEIR FUNDS, AND NO RESIDENT HAS EVER BEEN ASKED TO LEAVE AN ASBURY, INC. COMMUNITY BECAUSE OF DEPLETED FUNDS THROUGH NO FAULT OF THEIR OWN.SEE SCHEDULE O.HIGHLIGHTS OF THIS YEAR'S COMMUNITY BENEFIT ACCOMPLISHMENTS AT ASBURY, INC. INCLUDE THE FOLLOWING:-- ALZHEIMER'S WALK TO BENEFIT ALZHEIMER'S TN. TEAM ASBURY HAD 75 PARTICIPANTS, 19 OF WHICH WERE RESIDENTS. FUND RAISERS HOSTED THROUGHOUT THE YEAR INCLUDED A CHILI COOKOFF, SOUP LUNCHES, ETC. ASBURY PLACE IS ALSO A PREMIER SPONSOR OF THIS EVENT, AND ITS LOGO APPEARS ON THE BACK OF THE WALK T-SHIRT AND IS PROMINENTLY DISPLAYED ON THE WALK BROCHURE AND WEBSITE. WE USUALLY PLACE IN THE TOP 3 IN AMOUNT OF MONEY DONATED.-- UNITED WAY CAN FOOD DRIVE. RESIDENTS AND ASSOCIATES COLLECTED ALMOST 1,000 POUNDS OF FOOD FOR LOCAL FOOD BANKS. -- RECYCLING: OUR RESIDENTS AND ASSOCIATES RECYCLE PAPER, CARDBOARD, CANS, PLASTIC, AND BATTERIES. RESIDENTS IN ASSISTED LIVING HAVE BINS IN THEIR LAUNDRY ROOMS, APARTMENTS HAVE BINS IN EACH BUILDING, AND ASSOCIATES PARTICIPATE BY COLLECTING OFFICE PAPER AT THEIR DESKS AND DUMPING EACH WEEK IN OUR RECYCLE DUMPSTER ON SITE. ONSITE CARDBOARD, PAPER, AND ALUMINUM RECYCLING BINS.-- ASSISTED LIVING RESIDENTS REGULARLY PARTICIPATE IN MAKING CLOTHES AND COLLECTING SCHOOL SUPPLIES FOR A HAITI ORPHANAGE, LOCAL RESCUE SQUAD, CHILDREN'S HOSPITAL, AND BLOUNT MEMORIAL.-- ASBURY RESIDENTS COLLECT "BOX TOPS FOR EDUCATION" FOR THE CHILDREN AT COULTER GROVE ELEMENTARY SCHOOL.-- HEALTHCARE AND ASSISTED LIVING RESIDENTS MAKE POTTERY CROSSES FOR A MISSION TRIPS TO LATVIA AND HAITI.-- HEALTH CARE EMPLOYS TWO TEENAGE INTERNS FROM THE TN CAREER CENTER FOR TEN WEEKS, AND PROVIDES MARYVILLE COLLEGE BONNER SCHOLARS A LOCATION TO EARN COMMUNITY SERVICE HOURS AS WELL AS INTERNSHIPS FOR STUDENTS LOOKING TO PURSUE A CAREER IN HEALTHCARE OR SOCIAL SERVICES.-- ASSISTED LIVING COLLECTS DONATIONS OF CLOTHES, SHOES, ETC FOR MONTHLY TRIP TO NEW PROVIDENCE WHERE THEY HOST A RUMMAGE SALE TO RAISE MONEY FOR AREA MINISTRIES.-- ASBURY IN MISSION GROUP INVOLVED IN SUPPORTING LOCAL BATTERED WOMEN'S HOME AND VARIOUS OTHER LOCAL CHARITIES AND NON-PROFIT ORGANIZATIONS.-- ASBURY HAS "ADOPTED A MILE" OF AMERINE ROAD FOR THE KEEP BLOUNT BEAUTIFUL ORGANIZATION, PICKING UP LITTER AND HOSTING CLEAN UP DAYS WITH ASSOCIATES.-- VESPERS CONGREGATION DONATES MONEY TO HEALTH CARE CENTER RESIDENT CHRISTMAS FUND YEARLY. (FUND PROVIDES A GIFT FOR EACH RESIDENT) -- VESPERS CONGREGATION DONATES MONEY TO CAMP WESLEY WOODS SO THAT A CHILD CAN ATTEND SUMMER CAMP AT NO CHARGE.-- ASBURY SPONSORS A CHRISTMAS TREE ON THE BLOUNT COUNTY COURTHOUSE LAWN EACH YEAR; RESIDENTS MAKE ORNAMENTS AND THE ASBURY SIGN IS PROMINENTLY DISPLAYED IN FRONT.-- ASBURY HOSTS THE GIRL SCOUTS IN THE COMMUNITY FOR TRICK-OR-TREATING AT ASSISTED LIVING AND HEALTH CARE IN OCTOBER; RESIDENTS AND ASSOCIATES COLLECT CANDY THROUGHOUT THE MONTH OF OCTOBER.-- ASBURY ORGANIZES EARLY VOTING ON CAMPUS FOR RESIDENTS IN ASSISTED LIVING AND HEALTH CARE.-- WE HAVE TWO RESIDENTS THAT ARE STORYTELLERS THAT REGULARLY "PERFORM" AT MARYVILLE COLLEGE AND OTHER VENUES IN THE AREA.-- SEVERAL RL RESIDENTS REGULARLY VOLUNTEER AT BLOUNT MEMORIAL HOSPITAL, MEALS ON WHEELS, IN OUR OWN HEALTH CARE CENTER.-- WE HAVE APPROXIMATELY 13 VOLUNTEERS THAT "WORK" ON OUR CAMPUS-- ASBURY HOSTED TWO AARP DRIVER SAFETY TRAINING CLASSES FOR RESIDENTS AS WELL AS SENIORS FROM OUR COMMUNITY; BOTH CLASSES HAD 15 STUDENTS.-- RESIDENTS AND STAFF AT BAYSMONT HAVE COLLECTED APPROXIMATELY 1,000 POUNDS OF FOOD FOR SECOND HARVEST.-- RESIDENTS AND STAFF COLLECTED FOOD ITEMS FOR FOREST RIDGE MANOR CHRISTMAS BOXES LAST YEAR. 27578152 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 92 0 1 748 1 0 0 0 0 0 0 0 0 0 0 X 12 11 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X KIM EHRENFRIED 3012502137 20030 CENTURY BLVD SUITE 300 GERMANTOWN MD 20874 X NELLIE WARD COLE CHAIR 2.00 X X 0 0 0 GUY WILSON VICE CHAIR 2.00 X X 0 0 0 BOB MCCOLLUM DIRECTOR 2.00 X 0 0 0 BETH STUBBS DIRECTOR 2.00 X 0 0 0 DAVID ATKINSON DIRECTOR 2.00 X 0 0 0 SANDRA DAVIS DIRECTOR 2.00 X 0 0 0 ERIC DEATON DIRECTOR 2.00 X 0 0 0 MARVIN EICHORN DIRECTOR 2.00 X 0 0 0 LARRY MARTIN DIRECTOR 2.00 X 0 0 0 MARSHEINE MCCLURG DIRECTOR 2.00 X 0 0 0 COLE PIPER DIRECTOR 2.00 X 0 0 0 KAREN COBER DIRECTOR 2.00 X 0 0 0 MICHAEL CULLEN DIRECTOR 2.00 X 0 0 0 BISHOP MARY VIRGINIA TAYLOR DIRECTOR 2.00 X 0 0 0 MARJORIE SHONNARD VP OPERATIONS 60.00 X 0 0 0 RHONDA TERANTO VP OF FINANCIAL PLANNING 60.00 X 0 0 0 0 0 0 0 0 0 0 FUNCTIONAL PATHWAYS OF TENNESSEE PO BOX 720477 ATLANTA GA 30358 THERAPY SERVICES 2691661 ARAMARK INC 24863 NETWORK PLACE CHICAGO IL 60673 FOOD SUPPLIES & HOUSEKEEPING SERVICE 2450991 THE ASBURY GROUP INC 20030 CENTURY BLVD SUITE 300 GERMANTOWN MD 20874 MANAGEMENT, INFORMATION TECHNOLOGY 2029037 CONCORD PROPERTIES INC PO BOX 4728 MARYVILLE TN 37802 CONSTRUCTION SERVICES 1705765 MITCH COX CONSTRUCTION INC 801 SUNSET DRIVE SUITE D-1 JOHNSON CITY TN 37604 CONSTRUCTION SERVICES 1227482 20 245849 245849 RESIDENT REVENUE 623000 30843641 30843641 993132 993132 31836773 313314 313314 2785 100695 -2785 -100695 -103480 -103480 32292456 31836773 0 209834 X 12625223 11842965 782258 110029 109156 873 1846705 1808767 37938 933748 878692 55056 1876453 1876453 137124 137124 67466 67466 3904298 3662886 241412 269590 266055 3535 757865 551488 206377 70 70 1983547 873592 1109955 64557 20417 44140 618555 618555 2374316 2374316 559568 559568 MEDICAL SUPPLIES AND PH 1645031 1641749 3282 FOOD 1323617 1323617 REPAIRS & MAINTENANCE 812828 635312 177516 BAD DEBT 675708 675708 510978 353794 157184 33097276 27578152 5519124 0 4892027 5163445 2281021 2232195 11673 1212834 845248 76367631 28013768 44344321 48353863 19285528 14736685 844096 744153 72871500 72075589 4159754 2786769 23827568 25861434 21424453 21430205 -45299 -76721 49366476 50001687 X 23378090 21950130 73543 70381 53391 53391 23505024 22073902 72871500 72075589 -804820 -626302 0 X X 0 1 X 1 0 X 25887 37043 42648 38571 245849 389998 31382863 33658014 34520090 32325369 31836773 163723109 31408750 33695057 34562738 32363940 32082622 164113107 33700 21050 23550 20000 98300 0 33700 21050 23550 20000 98300 164014807 43082 265470 304420 425197 313314 1351483 43082 265470 304420 425197 313314 1351483 31744 59817 -2082 89479 31483576 34020344 34865076 32789137 32395936 165554069 0.99070 0.99210 0.00820 0.00680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 3035 3035 0 PART II-B, LINE 1: A PORTION OF ASSOCIATION DUES PAID ARE ATTRIBUTABLE TO LOBBYING EXPENSES. 53391 53391 53391 53391 53391 53391 53391 53391 53391 53391 1.00000 1 0 1071405 1071405 60611831 19663612 40948219 11032652 7184064 3848588 3651743 1166092 2485651 48353863 USER BOND AGREEMENTS 3704917 F ENDOWMENT FUNDS 53391 F WORKER'S COMPENSATION FUND 100335 F OTHER SECURITIES 10878042 F 14736685 DUE FROM (DUE TO) OTHER FACILITIES -89338 CAPITAL LEASES 12617 -76721 X PART V, LINE 4: BENEVOLENT CARE. PART X, LINE 2: ASBURY, INC. IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS EXEMPT FROM FEDERAL INCOME TAXES. THE INCOME TAX RETURN FOR ASBURY, INC. IS SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. ASBURY, INC. IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THEIR TAX-EXEMPT STATUS. THE ORGANIZATION HAS ADOPTED GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE IMPLEMENTATION HAS HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. A THE HEALTH AND EDUCATIONAL FACILITIES BOARD OF BLOUNT COUNTY 621192419 094900BC0 2007-05-30 13415000 REIMBURSE CORPORATION FOR A SWAP TERMINATION PAYMENT, REFINANCE BANK LOAN 0 0 0 B THE HEALTH AND EDUCATIONAL FACILITIES BOARD OF BLOUNT COUNTY 621192419 NONEAVAIL 2010-12-30 16000000 TO FINANCE CONSTRUCTION OF 36 NEW UNITS, IMPROVEMENTS, PAY BOND FEES 0 0 0 A 4295000 13353977 1286556 11832658 234763 2007 1 0 1 1 B 3679964 16000000 264422 15735578 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 1 0 0 0 1 A 1 B 1 GUY WILSON BOARD MEMBER 979955 SEE BELOW 0 PART IV (D) ASBURY HAS USED PHARMACY NETWORK SERVICES (FORMERLY WILSON PHARMACY) AS ITS PHARMACEUTICAL VENDOR FOR AT LEAST FIFTEEN YEARS. ASBURY ADDED PNS TO THE MARYVILLE CAMPUS NINE YEARS AGO. PNS IS OWNED BY BOARD MEMBER GUY WILSON. ORIGINALLY APPOINTED BY THE BISHOP, WILSON HAS BEEN ON THE BOARD OF ASBURY FOR SEVERAL YEARS. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION IS UNDER A MANAGEMENT AGREEMENT WITH THE ASBURY GROUP. FORM 990, PART VI, SECTION B, LINE 11 THE ASBURY, INC. 990 FOR THE YEAR ENDED 3/31/2016 WAS POSTED TO THE ASBURY BOARDLINK INTRANET SITE FOR THE BOARD TO REVIEW. ANY COMMENTS WERE FORWARDED TO JACK EDWARDS, REGULATORY REPORTING & TAX MANAGER FOR ASBURY COMMUNITIES, INC. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION RECOGNIZES THAT THE POTENTIAL FOR CONFLICT OF INTEREST EXISTS FOR DECISION-MAKERS AT ALL LEVELS WITH ASBURY. THIS INCLUDES MEMBERS OF THE GOVERNING BOARD, ADMINISTRATION, AND ALL PERSONNEL IN POSITIONS TO MAKE AND/OR INFLUCENCE DECISIONS. IT IS ASBURY'S POLICY THAT ANY POTENTIAL CONFLICT OF INTEREST BE DISCLOSED SO THAT APPROPRIATE ACTIONS MAY BE TAKEN TO ENSURE SUCH CONFLICT DOES NOT INAPPROPRIATELY INFLUENCE DECISIONS. ANY MEMBER OF THE BOARD OF DIRECTORS BEING AWARE OF ANY POTENTIAL CONFLICT OF INTEREST IS EXPECTED TO DISCLOSE THIS POTENTIAL CONFLICT TO OTHER BOARD MEMBERS, REFRAIN FROM UNDUE INFLUENCE, AND ABSTAIN FROM VOTING. STATING ONE'S POSITION, AND/OR ANSWERING QUESTIONS OF OTHER MEMBERS MAY BE IN ORDER. THE MINUTES OF THE MEETING WILL REFLECT SUCH DISCLOSURES AND ABSTENTION. FORM 990, PART VI, SECTION B, LINE 15 A STUDY PREPARED BY AN OUTSIDE CONSULTANT IS UTILIZED WHEN CONSIDERING SALARY AND SALARY INCREASES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 3,662,886. MANAGEMENT AND GENERAL EXPENSES 241,412. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,904,298. FORM 990, PART XII, LINE 2C: NO CHANGE IN METHOD FROM PRIOR YEAR. FOREST RIDGE MANOR INC 910 WILDER CHAPEL LANE MARYVILLE TN 37804 201885811 TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES TN 501(C)(3) LINE 11A, I ASBURY INC 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0