ASBURY ATLANTIC INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ASBURY ATLANTIC INC (EIN 52-0607956)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-12
IRS object ID
202523169349307267
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-12T14:50:49-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11966 GREENSPRING DRIVE SUITE 300AddressLine1Txt
CityTIMONIUMCityNm
State AbbreviationMDStateAbbreviationCd
ZIP210934161ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN520607956EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASBURY ATLANTIC INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASBUBusinessNameControlTxt
Phone3012502100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15285 WESTVIEW DRIVE 200AddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21703ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonANDREW JEANNERETPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3012502100PhoneNum
Signature2025-11-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJEFF PARKERPreparerPersonNm
PTINP00970069PTIN
Phone4104530900PhoneNum
Preparation2025-11-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDOUG LEIDIGPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line15285 WESTVIEW DRIVE 200AddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21703ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$310,914,175GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.ASBURYMETHODISTVILLAGE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1945FormationYr
Legal Domicile StateMDLegalDomicileStateCd
Activity Or MissionEXPLORING POSSIBILITIES TO LIVE YOUR BEST LIFE BY DOING ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY, AND GRACE.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent4VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers480TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$13,258,053PYContributionsGrantsAmt
CY Contributions Grants$7,952,066CYContributionsGrantsAmt
PY Program Service Revenue$178,324,472PYProgramServiceRevenueAmt
CY Program Service Revenue$188,723,190CYProgramServiceRevenueAmt
PY Investment Income$6,640,597PYInvestmentIncomeAmt
CY Investment Income$15,988,658CYInvestmentIncomeAmt
PY Other Revenue$163,091PYOtherRevenueAmt
CY Other Revenue$190,361CYOtherRevenueAmt
PY Total Revenue$198,386,213PYTotalRevenueAmt
CY Total Revenue$212,854,275CYTotalRevenueAmt
PY Grants And Similar Paid$3,495,628PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,086,425CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$73,380,883PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$75,457,543CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$685,028CYTotalFundraisingExpenseAmt
PY Other Expenses$106,919,785PYOtherExpensesAmt
CY Other Expenses$107,718,891CYOtherExpensesAmt
PY Total Expenses$183,796,296PYTotalExpensesAmt
CY Total Expenses$186,262,859CYTotalExpensesAmt
PY Revenues Less Expenses$14,589,917PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$26,591,416CYRevenuesLessExpensesAmt
Total Assets BOY$547,451,129TotalAssetsBOYAmt
Total Assets EOY$566,097,456TotalAssetsEOYAmt
Total Liabilities BOY$599,147,223TotalLiabilitiesBOYAmt
Total Liabilities EOY$591,394,272TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$51,696,094NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$25,296,816NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionOUR MISSION IS EXPLORING POSSIBILITIES TO LIVE YOUR BEST LIFE BY DOING ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY, AND GRACE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$63,951,819ExpenseAmt
Grant$296,981GrantAmt
Revenue$94,197,809RevenueAmt
DescRESIDENTIAL LIVING FACILITIES: OPERATION OF 1,675 RESIDENTIAL LIVING UNITS FOR THE AGED, PROVIDING 529,699 DAYS OF SERVICE IN 2024. $296,981 OF BENEVOLENT CARE AND $469,378 OF CONTRACTUAL ALLOWANCES WERE PROVIDED TO RESIDENTIAL LIVING RESIDENTS DURING 2024. ALSO PROVIDED HEALTH AND WELLNESS PROGRAMMING AND SERVICE TO RESIDENTS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$52,077,238ExpenseAmt
Grant$0GrantAmt
Revenue$59,748,654RevenueAmt
DescSKILLED NURSING FACILITIES:OPERATION OF 4 SKILLED NURSING FACILITIES (SNF'S) FOR THE AGED WITH 379 TOTAL BEDS PROVIDING 127,355 DAYS OF SERVICE IN 2024. $21,278,505 OF CONTRACTUAL ALLOWANCES WERE PROVIDED TO RESIDENTS OF THE SNF IN 2024.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$23,098,689ExpenseAmt
Grant$2,789,444GrantAmt
Revenue$34,776,727RevenueAmt
DescASSISTED LIVING FACILITIES: OPERATION OF 4 ASSISTED LIVING FACILITIES FOR THE AGED WITH 292 TOTAL SUITES PROVIDING 100,379 RESIDENT DAYS IN 2024. $2,789,444 OF BENEVOLENT CARE AND $1,301,094 OF CONTRACTUAL ALLOWANCES WERE PROVIDED TO THE ASSISTED LIVING RESIDENTS IN 2024.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$139,127,746TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation EasementsYes (1)ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member4IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ANDREW JEANNERETBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3012502100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15285 WESTVIEW DRIVEAddressLine1Txt
CityFREDERICKCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21703ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
TODD ANDREWS
PRESIDENT/EX-OFFICIO2.0038.00Yes (X)Yes (X)$0$515,274$31,937
JEFFREY ERNICO
CHAIR2.002.00Yes (X)Yes (X)$0$15,000$0
EFONDA SPROLES
VICE CHAIR2.002.00Yes (X)Yes (X)$0$10,000$0
RICHARD SHUMAN
DIRECTOR2.004.00Yes (X)$0$6,600$0
BARBARA HARBISON
DIRECTOR2.000.00Yes (X)$0$0$0
ANDREW JEANNERET
TREASURER1.0039.00Yes (X)$0$706,567$37,011
ANDREW JOSEPH
SECRETARY1.0039.00Yes (X)$0$519,805$26,880
MICHELLE POTTER
EXECUTIVE DIRECTOR (AMV)40.000.00$0$309,079$28,455Yes (X)
BRIAN GRUNDUSKY
EXECUTIVE DIRECTOR (SH)40.000.00$0$268,562$26,329Yes (X)
KELLY FRIEDMAN
EXECUTIVE DIRECTOR (AS)40.000.00$0$251,885$26,584Yes (X)
AARON PRAETZEL
EXECUTIVE DIRECTOR (BV)40.000.00$0$194,882$33,148Yes (X)
SUSAN AVITAN
SR. DIRECTOR, FOUNDATION (AMV)40.000.00$0$162,938$14,921Yes (X)
RACHEL KARISH
ASSOCIATE EXECUTIVE DIRECTOR40.000.00$0$215,905$23,470Yes (X)
MACELINE YAYA
DIRECTOR OF NURSING40.000.00$0$188,275$17,412Yes (X)
JEANETTE LUKULAY
NURSE, RN40.000.00$0$160,749$19,704Yes (X)
PAULA MEJIA
REGIONAL HR DIRECTOR40.000.00$0$178,796$7,099Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$3,704,317TotReportableCompRltdOrgAmt
Total Other Compensation$292,950TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K62IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Related Organizations$7,952,066RelatedOrganizationsAmt
Total Contributions$7,952,066TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
NET RESIDENT REVENUE623000$123,318,957$123,318,957
MEDICARE/MEDICAID PAYMENTS623000$33,211,173$33,211,173
AMORTIZATION OF ENTRANCE FEES623000$30,025,130$30,025,130
OTHER OPERATING REVENUE623000$2,167,930$2,167,930
FieldValueIRS element (for citing)
Total Program Service Revenue$188,723,190TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,826,139TotalRevenueColumnAmt
Exclusion$5,826,139ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$268,115RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$77,754RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$190,361RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$190,361TotalRevenueColumnAmt
Exclusion$190,361ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$107,585,801SecuritiesAmt
Other$558,864OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$97,951,846SecuritiesAmt
Other$30,300OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$9,633,955SecuritiesAmt
Other$528,564OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,162,519TotalRevenueColumnAmt
Exclusion$10,162,519ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$212,854,275TotalRevenueColumnAmt
Related Or Exempt Func Income$188,723,190RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$16,179,019ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$3,086,425TotalAmt
Program Services$3,086,425ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$61,866,710TotalAmt
Program Services$51,538,889ProgramServicesAmt
Management And General$9,709,154ManagementAndGeneralAmt
Fundraising$618,667FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,832,893TotalAmt
Program Services$1,456,539ProgramServicesAmt
Management And General$358,025ManagementAndGeneralAmt
Fundraising$18,329FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$6,954,727TotalAmt
Program Services$4,775,077ProgramServicesAmt
Management And General$2,179,650ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$4,803,213TotalAmt
Program Services$4,076,030ProgramServicesAmt
Management And General$679,151ManagementAndGeneralAmt
Fundraising$48,032FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$19,713,418TotalAmt
Management And General$19,713,418ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$89,820TotalAmt
Management And General$89,820ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$149,512TotalAmt
Management And General$149,512ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$9,030,197TotalAmt
Program Services$8,697,222ProgramServicesAmt
Management And General$332,975ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$515,009TotalAmt
Management And General$515,009ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,282,666TotalAmt
Program Services$2,459,915ProgramServicesAmt
Management And General$1,822,751ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,462,979TotalAmt
Program Services$59,102ProgramServicesAmt
Management And General$3,403,877ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$6,596,733TotalAmt
Program Services$6,596,733ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$198,955TotalAmt
Program Services$110,256ProgramServicesAmt
Management And General$88,699ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$10,496,938TotalAmt
Program Services$10,460,912ProgramServicesAmt
Management And General$36,026ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$28,797,142TotalAmt
Program Services$28,698,522ProgramServicesAmt
Management And General$98,620ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,095,323TotalAmt
Management And General$2,095,323ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
REPAIRS & MAINTENANCE$6,985,639$6,925,269$60,370
FOOD$6,620,006$6,614,913$5,093
TAXES(PROPERTY & OTHER)$4,342,668$116,035$4,226,633
MEDICAL SUPPLIES/PHARMA$1,871,236$1,868,250$2,986

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,470,650TotalAmt
Program Services$1,587,657ProgramServicesAmt
Management And General$882,993ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$186,262,859TotalAmt
Program Services$139,127,746ProgramServicesAmt
Management And General$46,450,085ManagementAndGeneralAmt
Fundraising$685,028FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,669,481BOYAmt
EOY$8,332,523EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$66,972,132BOYAmt
EOY$55,947,463EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$5,509,193BOYAmt
EOY$6,177,308EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$5,005,142BOYAmt
EOY$6,550,933EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$249,991BOYAmt
EOY$295,797EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$3,496,419BOYAmt
EOY$3,101,830EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$686,805,336LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$413,832,324LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$266,376,676BOYAmt
EOY$272,973,012EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$54,407,195BOYAmt
EOY$64,718,981EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$138,764,900BOYAmt
EOY$147,999,609EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$547,451,129BOYAmt
EOY$566,097,456EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,435,371BOYAmt
EOY$6,196,418EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$189,273,655BOYAmt
EOY$197,056,683EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$244,989,775BOYAmt
EOY$241,547,559EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

FieldValueIRS element (for citing)
BOY$35,983BOYAmt
EOY$21,852EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$158,412,439BOYAmt
EOY$146,571,760EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$599,147,223BOYAmt
EOY$591,394,272EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$94,106,275BOYAmt
EOY-$67,812,755EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$42,410,181BOYAmt
EOY$42,515,939EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$51,696,094BOYAmt
EOY-$25,296,816EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$547,451,129BOYAmt
EOY$566,097,456EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$26,591,416ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,992,021NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$1,799,883OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$13,001,834CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,801,226CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$8,189,035CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,258,053CurrentTaxYearMinus1YearAmt
Current Tax Year$7,952,066CurrentTaxYearAmt
Total$52,202,214TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$164,996,830CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$162,155,886CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$170,003,328CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$178,324,472CurrentTaxYearMinus1YearAmt
Current Tax Year$188,723,190CurrentTaxYearAmt
Total$864,203,706TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$177,998,664CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$171,957,112CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$178,192,363CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$191,582,525CurrentTaxYearMinus1YearAmt
Current Tax Year$196,675,256CurrentTaxYearAmt
Total$916,405,920TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,746CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$257,803CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,644CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,639CurrentTaxYearMinus1YearAmt
Current Tax Year$12,039CurrentTaxYearAmt
Total$313,871TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$9,746CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$257,803CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$17,644CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,639CurrentTaxYearMinus1YearAmt
Current Tax Year$12,039CurrentTaxYearAmt
Total$313,871TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$916,092,049PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,507,913CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,968,534CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,565,585CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,763,801CurrentTaxYearMinus1YearAmt
Current Tax Year$6,094,254CurrentTaxYearAmt
Total$18,900,087TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,507,913CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,968,534CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,565,585CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,763,801CurrentTaxYearMinus1YearAmt
Current Tax Year$6,094,254CurrentTaxYearAmt
Total$18,900,087TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$181,506,577CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$173,925,646CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$180,757,948CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$196,346,326CurrentTaxYearMinus1YearAmt
Current Tax Year$202,769,510CurrentTaxYearAmt
Total$935,306,007TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.97950PublicSupportCY509Pct
Public Support PY5090.98100PublicSupportPY509Pct
Investment Income CY0.02020InvestmentIncomeCYPct
Investment Income PY0.01850InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$5,069OtherActivitiesAmt
Total Lobbying Expenditures$5,069TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationA PORTION OF ASBURY ATLANTIC'S DUES TO LEADINGAGE WERE USED FOR ADVOCACY ISSUES RELATED TO RESIDENTIAL AND HEALTHCARE SERVICES FOR THE AGED.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Protection Natural HabitatYes (X)ProtectionNaturalHabitatInd
States Easements Held1StatesEasementsHeldCnt
Written Policy Monitoring0WrittenPolicyMonitoringInd
Agent Trustee Etc0AgentTrusteeEtcInd
Incl Escrow Custodial Acct LiabYes (1)InclEscrowCustodialAcctLiabInd
Explanation ProvidedYes (X)ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$36,809,831BeginningYearBalanceAmt
Investment Earnings Or Losses$1,267,576InvestmentEarningsOrLossesAmt
End Year Balance$38,077,407EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$35,325,230BeginningYearBalanceAmt
Investment Earnings Or Losses$1,484,601InvestmentEarningsOrLossesAmt
End Year Balance$36,809,831EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$33,588,400BeginningYearBalanceAmt
Investment Earnings Or Losses$1,736,830InvestmentEarningsOrLossesAmt
End Year Balance$35,325,230EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$29,823,225BeginningYearBalanceAmt
Investment Earnings Or Losses$3,765,175InvestmentEarningsOrLossesAmt
End Year Balance$33,588,400EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$30,007,751BeginningYearBalanceAmt
Investment Earnings Or Losses-$212,739InvestmentEarningsOrLossesAmt
End Year Balance$29,823,225EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgYes (1)EndowmentsHeldRelatedOrgInd
Related Org List Sch RYes (1)RelatedOrgListSchRInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$19,530,377OtherCostOrOtherBasisAmt
Book Value$19,530,377BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$441,700,974OtherCostOrOtherBasisAmt
Depreciation$293,578,717DepreciationAmt
Book Value$148,122,257BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$160,211,052OtherCostOrOtherBasisAmt
Depreciation$69,892,883DepreciationAmt
Book Value$90,318,169BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$64,538,292OtherCostOrOtherBasisAmt
Depreciation$50,360,724DepreciationAmt
Book Value$14,177,568BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$824,641OtherCostOrOtherBasisAmt
Book Value$824,641BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$272,973,012TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDescBook ValueBookValueAmt
INTEREST IN NET ASSETS OF FOUNDATION$35,166,561
DEFERRED MARKETING COSTS$253,720
OTHER RECEIVABLE$913,496
DUE FROM ACOMM$108,217,175
DEPOSITS AND OTHER ASSETS$21,852
RIGHT OF USE ASSETS$727,819
VALUATION OF DERIVATIVE INSTRUMENTS$2,698,986
FieldValueIRS element (for citing)
Total Book Value Other Assets$147,999,609TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (5 entries)

DescDescAmtAmt
REFUNDABLE FEES$5,584,436
OBLIGATION-DEFERRED GIVING$141,147
CONTINGENT REFUNDABLE ENTRANCE FEE$135,549,148
RESIDENT DEPOSITS$4,600,095
LEASES PAYABLE$696,934
FieldValueIRS element (for citing)
Total Liability$146,571,760TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$209,653,465TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,992,021NetUnrealizedGainsInvstAmt
Other Revenue-$1,286,543OtherRevenueAmt
Revenue Not Reported-$3,278,564RevenueNotReportedAmt
Revenue Subtotal$212,932,029RevenueSubtotalAmt
Other Revenues Not Included-$77,754OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$77,754RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$212,854,275TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$183,254,187TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$77,754OtherExpensesIncludedAmt
Expenses Not Reported$77,754ExpensesNotReportedAmt
Expenses Subtotal$183,176,433ExpensesSubtotalAmt
Other Expenses Not Included$3,086,426OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$3,086,426ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$186,262,859TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART II, LINE 9:ASBURY ATLANTIC, INC. HAS A 15 ACRE FOREST CONSERVATION EASEMENT, LOCATED ON ITS ASBURY METHODIST VILLAGE CAMPUS, 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 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 PRIMARY INTENDED USE OF THE ENDOWMENT 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 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.
PART XI, LINE 2D - OTHER ADJUSTMENTS:NET UNREALIZED GAINS ON CHANGE IN MARKET VALUE OF DERIVATIVE INSTRUMENTS 439,439. CHANGE IN VALUE OF OBLIGATIONS UNDER CHARITABLE GIFT ANNUITIES -24,074. BENEVOLENT CARE -3,086,426. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION 1,993,018. TRANSFERS TO ACOMM -608,500.
PART XI, LINE 4B - OTHER ADJUSTMENTS:RENT EXPENSES -77,754.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RENTAL EXPENSES 77,754.
PART XII, LINE 4B - OTHER ADJUSTMENTS:BENEVOLENT CARE 3,086,426.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeBENEVOLENT CARE FOR ASSISTED LIVING AND RESIDENTIAL LIVING RESIDENTSGrantTypeTxt
Recipient58RecipientCnt
Cash Grant$3,086,425CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationALL RESIDENTS SEEKING BENEVOLENT CARE FINANCIAL SUPPORT MUST COMPLETE AN APPLICATION WHICH SHALL BE REVIEWED IN ACCORDANCE WITH BENEVOLENT CARE POLICIES AND PROCEDURES, WHICH MAY BE REVISED FROM TIME TO TIME. BENEVOLENT CARE SUPPORT IS DEPENDENT UPON MEETING SPECIFIC REQUIREMENTS AND THE ORGANIZATION'S ABILITY TO PROVIDE FINANCIAL AID. DOCUMENTS RELATED TO BENEVOLENT CARE APPLICATION/REDETERMINATION AND ON-GOING MANAGEMENT WILL BE MAINTAINED ON-SITE UNTIL THE END OF THE CALENDAR YEAR IN WHICH THE RESIDENT IS NO LONGER RECEIVING ASSISTANCE FROM BENEVOLENT CARE. THEREAFTER THE RECORDS WILL BE MAINTAINED FOR FIVE (5) YEARS, EITHER ON-SITE OR IN STORAGE IN ACCORDANCE WITH THE RECORDS MANAGEMENT PROGRAM.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (12 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANDREW JEANNERET
TREASURER$0$391,925$0$248,645$0$65,997$0$17,041$0$19,970$0$743,578$0$0
TODD ANDREWS
PRESIDENT/EX-OFFICIO$0$316,434$0$197,795$0$1,045$0$15,228$0$16,709$0$547,211$0$0
ANDREW JOSEPH
SECRETARY$0$305,666$0$168,128$0$46,011$0$8,904$0$17,976$0$546,685$0$0
MICHELLE POTTER
EXECUTIVE DIRECTOR (AMV)$0$259,011$0$47,948$0$2,120$0$10,402$0$18,053$0$337,534$0$0
BRIAN GRUNDUSKY
EXECUTIVE DIRECTOR (SH)$0$215,215$0$52,886$0$461$0$6,359$0$19,970$0$294,891$0$0
KELLY FRIEDMAN
EXECUTIVE DIRECTOR (AS)$0$207,106$0$42,943$0$1,836$0$8,531$0$18,053$0$278,469$0$0
RACHEL KARISH
ASSOCIATE EXECUTIVE DIRECTOR$0$189,361$0$26,363$0$181$0$6,761$0$16,709$0$239,375$0$0
AARON PRAETZEL
EXECUTIVE DIRECTOR (BV)$0$155,450$0$38,115$0$1,317$0$7,282$0$25,866$0$228,030$0$0
MACELINE YAYA
DIRECTOR OF NURSING$0$167,083$0$21,060$0$132$0$6,701$0$10,711$0$205,687$0$0
PAULA MEJIA
REGIONAL HR DIRECTOR$0$152,774$0$25,491$0$531$0$6,343$0$756$0$185,895$0$0
JEANETTE LUKULAY
NURSE, RN$0$159,886$0$589$0$274$0$3,525$0$16,179$0$180,453$0$0
SUSAN AVITAN
SR. DIRECTOR, FOUNDATION (AMV)$0$142,280$0$19,225$0$1,433$0$5,810$0$9,111$0$177,859$0$0

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 3THE ASBURY COMMUNITIES, INC. COMPENSATION COMMITTEE ANNUALLY REVIEWS THE COMPENSATION OF ALL DISQUALIFIED PERSONS. TO SUPPORT ITS REVIEW, THE COMPENSATION COMMITTEE ENGAGES AN INDEPENDENT COMPENSATION CONSULTANT AND UTILIZES INDUSTRY COMPARABLE COMPENSATION SURVEY DATA.
PART I, LINE 4BNAME: ANDREW JEANNERET, DESCRIPTION: TREASURER, CURRENT YEAR AMOUNT: $63,217. PLAN DESCRIPTION: 457(F) NAME: ANDREW JOSEPH, DESCRIPTION: SECRETARY, CURRENT YEAR AMOUNT: $43,613. PLAN DESCRIPTION: 457(F)
FORM 990, PART VII, SECTION ATHE ORGANIZATION DOES NOT ADMINISTER ANY W-2S. ALL W-2S ARE FILED UNDER THE EIN OF AFFILIATED ASSOCIATES, INC., A RELATED PARTY 501(C)(3) ORGANIZATION CREATED TO SUPPORT THE TAX EXEMPT FUNCTIONS OF ASBURY COMMUNITIES AND AFFILIATES BY ADMINISTERING PAYROLL FUNDS. THE COMPENSATION REPORTED ON PART VII AND PART IX REFLECTS THE COMPENSATION PAID BY ASBURY ATLANTIC, INC. FOR THOSE ASSOCIATES DIRECTLY ALLOCATED TO ASBURY ATLANTIC, INC. PURSUANT TO AN EMPLOYEE LEASE AGREEMENT. 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 2,100 TOTAL EMPLOYEES IN THE ASBURY COMMUNITIES, INC. SYSTEM. THE 2024 CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR ASBURY COMMUNITIES, INC. HAD TOTAL REVENUES IN EXCESS OF OF $299 MILLION AND TOTAL ASSETS IN EXCESS OF $647 MILLION.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CITY OF GAITHERSBURG (MD)
A526000792363128CUI2018-10-01$105,744,965CURRENT REFUNDING000
CITY OF GAITHERSBURG
B526000792NONEAVAIL2019-11-08$16,009,000CURRENT REFUNDING000
CUMBERLAND COUNTY MUNICIPAL AUTHORITY
C236003119230614PE32019-12-31$63,444,415CURRENT REFUNDING000
CUMBERLAND COUNTY MUNICIPAL AUTHORITY
D236003119230614RK72021-10-04$48,700,468CURRENT REFUNDING000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIn Reserve FundInReserveFundAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtOther Spent ProceedsOtherSpentProceedsAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$25,279,965$105,744,965$8,469,375$624,780$7,508,636$89,142,1742018Yes (1)0Yes (1)Yes (1)
B$12,370,000$16,009,000$5,000,000$11,009,0002019Yes (1)0Yes (1)Yes (1)
C$12,299,415$63,444,415$5,284,147$1,155,121$57,005,1472019Yes (1)0Yes (1)Yes (1)
D$4,240,468$48,700,468$832,915$47,867,5532021Yes (1)0Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndEngage Bond Counsel ContractsEngageBondCounselContractsIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0Yes (1)Yes (1)Yes (1)00.000000.000000.0000000Yes (1)
B0Yes (1)Yes (1)Yes (1)00.000000.000000.0000000Yes (1)
C0Yes (1)Yes (1)Yes (1)00.000000.000000.0000000Yes (1)
D00000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedInd
(no name)
A000Yes (1)0000Yes (1)
TRUIST BANK
B000Yes (1)Yes (1)Yes (1)00Yes (1)2.00000000000000
(no name)
C000Yes (1)0000Yes (1)
TRUIST BANK
D0Yes (1)00Yes (1)Yes (1)00Yes (1)9.67000000000000

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)
CYes (1)
DYes (1)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
DATE REBATE COMPUTATION PERFORMEDISSUER NAME: CITY OF GAITHERSBURG (MD) DATE THE REBATE COMPUTATION WAS PERFORMED: 10/01/2024 ISSUER NAME: CITY OF GAITHERSBURG DATE THE REBATE COMPUTATION WAS PERFORMED: 11/01/2024 ISSUER NAME: CUMBERLAND COUNTY MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 01/01/2024
SCHEDULE K, PART I, LINE 14DATE OF REFUNDED ISSUANCES: (A) 11/30/2006 (SERIES 2006A) AND 04/09/2014 (SERIES 2014A) (B) 12/16/2009 (SERIES 2009B) (C) 11/10/2010 (SERIES 2010) (D) 10/31/2012 (SERIES 2012)

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CUMBERLAND COUNTY MUNICIPAL AUTHORITY
A236003119NONEAVAIL2022-07-26$18,000,000CAPITAL IMPROVEMENTS000
CITY OF GAITHERSBURG MARYLAND
B526000792363128CY32022-05-18$37,970,099CAPITAL IMPROVEMENTS000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintInd
A$460,916$18,000,000$302,671$17,697,329202400Yes (1)Yes (1)
B$37,970,099$750,562$37,219,537202400Yes (1)Yes (1)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A00000.000000.000000.0000000Yes (1)
B00000.000000.000000.0000000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndTerm Of HedgeTermOfHedgePctSuperintegrated HedgeSuperintegratedHedgeIndHedge TerminatedHedgeTerminatedIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
TRUIST BANK
A0Yes (1)00Yes (1)Yes (1)13.5000000000000000Yes (1)
(no name)
B0Yes (1)000000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (11 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 4I. ORGANIZATION OVERVIEW ASBURY ATLANTIC, INC., A 501(C)(3) NOT-FOR-PROFIT MARYLAND CORPORATION, IS THE OWNER AND OPERATOR OF THE FOLLOWING SENIOR LIVING COMMUNITIES: -ASBURY METHODIST VILLAGE (GAITHERSBURG, MD) -ASBURY SOLOMONS (SOLOMONS, MD) -BETHANY VILLAGE (MECHANICSBURG, PA) -SPRINGHILL (ERIE, PA) ASBURY ATLANTIC IS RESPONSIBLE FOR PROVIDING A FULL CONTINUUM OF SERVICES AT THESE COMMUNITIES, INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING, MEMORY SUPPORT, AND REHABILITATION. IN ADDITION, BETHANY VILLAGE IS HOME TO BETHANY TOWERS, A HUD-SUBSIDIZED SENIOR HOUSING BUILDING WITH 149 AFFORDABLE APARTMENTS. IN 2024, BETHANY VILLAGE OFFERED BETHANY TOWERS RESIDENTS FREE ACCESS TO ITS FITNESS CENTER, GROUP CLASSES, AND POOL AS PART OF ITS COMMITMENT TO PROMOTING WELLNESS AND SOCIAL ENGAGEMENT. ASBURY COMMUNITIES, INC., A NOT-FOR-PROFIT MARYLAND CORPORATION, IS THE SOLE MEMBER AND SUPPORTING ORGANIZATION OF ASBURY ATLANTIC. ASBURY COMMUNITIES PROVIDES SYSTEMWIDE ADMINISTRATIVE, OPERATIONAL, AND STRATEGIC SUPPORT FOR A NETWORK OF NOT-FOR-PROFIT SENIOR LIVING AND HEALTH SERVICE PROVIDERS. THE ASBURY SYSTEM ORIGINATED WITH ASBURY METHODIST VILLAGE IN 1926, FOUNDED AS THE METHODIST HOME FOR ORPHANS AND THE AGED. WHILE NO LONGER FORMALLY AFFILIATED WITH THE UNITED METHODIST CHURCH, ASBURY CONTINUES TO UPHOLD THE ETHICAL AND SPIRITUAL PRINCIPLES OF ITS FOUNDING. THE MISSION AND VALUES OF THE ORGANIZATION ARE EXPRESSED THROUGH ITS GUIDING PRINCIPLE: "DOING ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY, AND GRACE." II. PROGRAM SERVICES PROVIDED SECTION A. BENEVOLENT CARE BENEVOLENT CARE IS FINANCIAL SUPPORT PROVIDED TO ELIGIBLE RESIDENTS WHO HAVE EXHAUSTED THEIR FINANCIAL RESOURCES THROUGH NO FAULT OF THEIR OWN AND MEET THE APPROVAL CRITERIA. THIS ASSISTANCE HELPS COVER PARTIAL MONTHLY SERVICE FEES, CERTAIN ANCILLARY EXPENSES, AND CERTAIN THIRD-PARTY COSTS. IN 2024, MORE THAN $7.0 MILLION IN ANNUAL FUNDS AND UNRESTRICTED GIFTS WERE CONTRIBUTED TO SUPPORT RESIDENTS, INCLUDING THOSE WHO HAVE OUTLIVED THEIR RESOURCES. IN 2024, BENEVOLENT CARE SUPPORT WAS PROVIDED FOR 70 RESIDENTS ACROSS ASBURY'S CONTINUING CARE RETIREMENT COMMUNITIES: -ASBURY METHODIST VILLAGE $1,598,855 -ASBURY SOLOMONS $332,913 -BETHANY VILLAGE $963,381 -NORMANDIE RIDGE $477,315 -RIVERWOODS $158,979 -SPRINGHILL $191,277 TOTAL: $3,722,720 SECTION B. UNREIMBURSED MEDICAL SERVICES UNREIMBURSED MEDICAL SERVICES REPRESENT THE COST OF CARE DELIVERED IN SKILLED NURSING CENTERS THAT EXCEED REIMBURSEMENT PROVIDED BY MEDICAID AND OTHER GOVERNMENT PAYORS. THESE UNREIMBURSED COSTS REFLECT THE ORGANIZATION'S COMMITMENT TO QUALITY CARE REGARDLESS OF A RESIDENT'S ABILITY TO PAY. UNREIMBURSED CARE COSTS FOR 2024 INCLUDE: -ASBURY METHODIST VILLAGE $2,506,365 -ASBURY SOLOMONS $588,027 -BETHANY VILLAGE $582,128 -NORMANDIE RIDGE $868,236 -RIVERWOODS $2,968,367 -SPRINGHILL $735,967 TOTAL: $8,249,090 SECTION C. COMMUNITY BENEFIT ASBURY ATLANTIC IS COMMITTED TO ENHANCING THE WELL-BEING OF THE BROADER COMMUNITY THROUGH PARTNERSHIPS, OUTREACH, AND THE SHARING OF RESOURCES. EACH CAMPUS FOSTERS STRONG RELATIONSHIPS WITH SERVICE ORGANIZATIONS, EDUCATIONAL INSTITUTIONS, AND NONPROFITS TO ADDRESS LOCAL NEEDS AND EXPAND THE ORGANIZATION'S MISSION BEYOND ITS CAMPUSES. EXAMPLES OF 2024 COMMUNITY BENEFIT ACTIVITIES INCLUDE: -HOSTING INTERNSHIPS, CLINICAL ROTATIONS, AND JOB SHADOWING TO PREPARE THE NEXT GENERATION OF CAREGIVERS AND AGING SERVICES PROFESSIONALS. -LEADING ENERGY-EFFICIENCY INITIATIVES AND ENVIRONMENTAL STEWARDSHIP PROJECTS IN SUPPORT OF THE CHESAPEAKE BAY AND LOCAL ECOSYSTEMS -SUPPORTING AT-RISK YOUTH AND FAMILIES THROUGH LOCAL MENTORING AND ADVOCACY PROGRAMS -DELIVERING AND MANAGING MEALS ON WHEELS PROGRAMS AND ENGAGING RESIDENT AND ASSOCIATE VOLUNTEERS IN DELIVERY ROUTES -DONATING EVENT SPACE AND MEETING ROOMS TO CIVIC AND NONPROFIT GROUPS -DONATING MEDICAL EQUIPMENT, FOOD, AND HOUSEHOLD ITEMS TO INDIVIDUALS AND ORGANIZATIONS SERVING THOSE IN NEED -RAISING FUNDS FOR NATIONAL ORGANIZATIONS SUCH AS THE ALZHEIMER'S ASSOCIATION AND SUPPORTING LOCAL CHARITABLE CAUSES -OFFERING FREE EDUCATIONAL PROGRAMS TO OLDER ADULTS AND FAMILY CAREGIVERS ON TOPICS INCLUDING WELLNESS, MEMORY CARE, AND TECHNOLOGY -SHARING INNOVATIVE PRACTICES AND WELLNESS INITIATIVES WITH INDUSTRY PEERS THROUGH COMMUNITY-HOSTED PRESENTATIONS III. ASBURY FOUNDATION SUPPORT THE ASBURY FOUNDATION, A 501(C)(3) NOT-FOR-PROFIT MARYLAND CORPORATION, RAISES AND STEWARDS PHILANTHROPIC GIFTS TO BENEFIT RESIDENTS AND ASSOCIATES ACROSS THE ASBURY SYSTEM. IN 2024, THE FOUNDATION RAISED MORE THAN $300,000 IN SCHOLARSHIP FUNDS FOR CAREER DEVELOPMENT, PRIMARILY IN NURSING AND HEALTHCARE FIELDS. ADDITIONAL FOUNDATION SUPPORT FUNDED BENEVOLENT CARE, WELLNESS PROGRAMS, AND CAMPUS ENHANCEMENTS THAT DIRECTLY IMPACT RESIDENT QUALITY OF LIFE. IV. SUMMARY STATEMENT ASBURY ATLANTIC, INC. FULFILLS ITS NOT-FOR-PROFIT MISSION BY PROVIDING COMPASSIONATE, HIGH-QUALITY SERVICES TO OLDER ADULTS AND BY INVESTING IN ITS PEOPLE AND THE COMMUNITIES IT SERVES. THROUGH BENEVOLENT CARE, UNREIMBURSED MEDICAL SERVICES, AND MEANINGFUL COMMUNITY PARTNERSHIPS, ASBURY ATLANTIC CONTINUES TO MAKE A MEASURABLE DIFFERENCE IN THE LIVES OF THOSE IT SERVES.
FORM 990, PART VI, SECTION A, LINE 1ATHE CORPORATION MAY HAVE AN EXECUTIVE COMMITTEE AS SET FORTH HEREIN. THE CHAIR OF THE BOARD OF DIRECTORS SHALL SERVE AS CHAIR OF THE EXECUTIVE COMMITTEE AND MAY APPOINT TWO (2) ADDITIONAL DIRECTORS TO SERVE ON THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE MAY ACT IN PLACE OF THE BOARD WHEN THERE IS BUSINESS OF THE CORPORATION TO BE TRANSACTED BETWEEN REGULAR MEETINGS AND CONVENING A SPECIAL MEETING WAS DEEMED BY THE CHAIR TO NOT BE NECESSARY OR POSSIBLE. THE FULL BOARD WILL BE NOTIFIED WITHIN FIFTEEN (15) DAYS OF ANY ACTIONS OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE WILL HAVE NO POWER TO TAKE ACTION THAT IS RESTRICTED BY APPLICABLE LAW.
FORM 990, PART VI, SECTION A, LINE 6ASBURY ATLANTIC HAS ONE MEMBER. THE SOLE MEMBER IS ASBURY COMMUNITIES, INC.
FORM 990, PART VI, SECTION A, LINE 7AASBURY COMMUNITIES, INC IS THE SOLE MEMBER OF ASBURY ATLANTIC AND ELECTS THE GOVERNING BODY.
FORM 990, PART VI, SECTION A, LINE 7BONLY 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; (5) APPROVAL OF THE BUDGET OF THE CORPORATION, BOTH OPERATING AND CAPITAL; (6) AUTHORITY AND RESPONSIBILITY TO APPROVE ANY PROPOSED PROJECT FOR THE DEVELOPMENT OF A NEW PRODUCT AND/OR FACILITY BY THE CORPORATION; (7) AUTHORITY TO APPROVE EACH INCURRENCE OF INDEBTEDNESS OF THE CORPORATION WITH A REPAYMENT TERM THAT IS IN EXCESS OF FIVE (5) YEARS AND IS SECURED BY THE ASSETS OF THE CORPORATION.
FORM 990, PART VI, SECTION B, LINE 11BASBURY COMMUNITIES, INC., THE SOLE MEMBER OF ASBURY ATLANTIC, INC., DELEGATES REVIEW OF THE FORM 990 TO ITS AUDIT, FINANCE, AND INVESTMENT COMMITTEE (AFIC) WHICH PERFORMED ITS REVIEW ON 10/29/25. ADDITIONALLY, THE ASBURY COMMUNITIES, INC. AND ASBURY ATLANTIC, INC. BOARD OF DIRECTORS WERE FORWARDED A COPY OF THE DRAFT 990 FOR REVIEW AND WERE PROVIDED A LINK TO A RECORDING OF THE AFIC 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 THE AFIC.
FORM 990, PART VI, SECTION B, LINE 12CTHE 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 KEY MANAGEMENT POSITIONS. EACH PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM AND IS ADVISED OF THEIR FIDUCIARY OBLIGATIONS. THE COMPLIANCE OFFICER, WHO HAS A DIRECT REPORTING LINE TO THE CHAIR OF THE GOVERNANCE AND NOMINATIONS COMMITTEE AND REPORTS QUARTERLY TO THE GOVERNANCE AND NOMINATIONS COMMITTEE, ANALYZES ALL DISCLOSURE FORMS FOR POTENTIAL CONFLICTS, AND PREPARES A REPORT FOR THE SYSTEM-WIDE GOVERNANCE AND NOMINATIONS COMMITTEE. A REPORT WAS MADE TO THE BOARD THAT THERE WERE NO CONFLICTS DURING 2024. WHEN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISES INVOLVING A BOARD OR COMMITTEE MEMBER, THE GOVERNANCE AND NOMINATIONS COMMITTEE IS INFORMED AND WILL FOLLOW SPECIFIC PROTOCOL OUTLINED IN THE CONFLICT OF INTEREST POLICIES AND PROCEDURES.
FORM 990, PART VI, SECTION B, LINE 15THE FOLLOWING PROCESS IS USED BY ASBURY COMMUNITIES, INC., A RELATED ORGANIZATION: ON AN ANNUAL BASIS, THE COMPENSATION COMMITTEE RELIES ON STAFF FEEDBACK AND THE DATA AND RECOMMENDATIONS PROVIDED BY AN EXTERNAL COMPENSATION CONSULTANT TO ASCERTAIN THE REASONABLENESS OF COMPENSATION AND BENEFITS OF ALL OF THE DIRECT REPORTS OF THE CEO AND OTHER POTENTIALLY DISQUALIFIED PERSONS. IN ADDITION, THE COMPENSATION COMMITTEE REVIEWS THE ORGANIZATION'S PROGRESS TOWARDS KEY PERFORMANCE INDICATORS SELECTED FOR INCENTIVIZING PERFORMANCE OF DISQUALIFIED PERSONS THROUGH A PERFORMANCE BASED-COMPENSATION PROGRAM. QUARTERLY, THE COMPENSATION COMMITTEE REVIEWS UPDATES TO THE OVERALL BENEFITS AND COMPENSATION PLAN FOR THE ORGANIZATION AS WELL AS PROGRESS ON THE ORGANIZATION'S STRATEGIC GOALS. THE COMPENSATION COMMITTEE CHARTER, THE EXECUTIVE COMPENSATION PHILOSOPHY, AND THE EXECUTIVE INCENTIVE PLAN WERE REVIEWED MOST RECENTLY IN 2024.
FORM 990, PART VI, SECTION C, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9:NET UNREALIZED GAIN ON CHANGE IN MARKET VALUE OF DERIVATIVE INSTRUMENTS 439,439. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION 1,993,018. TRANSFER TO ACOMM -608,500. CHANGE IN VALUE OF OBLIGATIONS UNDER CHARITABLE GIFT ANNUITIES -24,074.
FORM 990, PART XII, LINE 2CTHERE HAS BEEN NO CHANGE IN OVERSIGHT PROCESS FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtDirect Controlling NADirectControllingNACdControlled OrganizationControlledOrganizationIndBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
ASBURY COMMUNITIES INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703521862677SUPPORT SERVICESMD501(C)(3)LINE 12C, III-FIN/A0
ASBURY FOUNDATION INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703521862674RAISING FUNDS FOR CHARITY CAREMD501(C)(3)LINE 70ASBURY COMMUNITIES INC
AFFILIATED ASSOCIATES INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703510426078EMPLOYEE PAYMASTER COMPANYMD501(C)(3)LINE 12C, III-FI0ASBURY COMMUNITIES INC
ASBURY COMMUNITIES HCBS INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703450634490HEALTHCARE FOR OLDER ADULTSMD501(C)(3)LINE 100ASBURY COMMUNITIES INC
ASBURY INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703620630670HOUSING AND HEALTHCARE FOR OLDER ADULTSTN501(C)(3)LINE 100ASBURY COMMUNITIES INC
BETHANY DEVELOPMENT CORPORATION
335 WESLEY DRIVEMECHANICSBURGPA17055232078064HOUSING FOR OLDER ADULTSPA501(C)(3)LINE 100ASBURY COMMUNITIES INC
ALBRIGHT CARE SERVICES
5285 WESTVIEW DRIVE 200FREDERICKMD21703231887138HOUSING, HEALTHCARE, AND AT-HOME SERVICES FOR OLDER ADULTSPA501(C)(3)LINE 100ASBURY COMMUNITIES INC
WARRIOR RUN MANOR
5285 WESTVIEW DRIVE 200FREDERICKMD21703232137458HOUSING FOR OLDER ADULTSPA501(C)(3)LINE 100ALBRIGHT CARE SERVICES
FOREST RIDGE MANOR INC
910 WILDER CHAPEL LANEMARYVILLETN37804201885811HOUSING FOR OLDER ADULTSTN501(C)(3)LINE 12A, I0ASBURY INC
ASBURY LIVING INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703933545102HOUSING FOR OLDER ADULTSPA501(C)(3)LINE 100ASBURY COMMUNITIES INC

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtControlled OrganizationControlledOrganizationIndOwnershipOwnershipPct
THE ASBURY GROUP INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703205038820TECHNOLOGY & SUPPORT SERVICESDEASBURY COMMUNITIES INCC0
THRIVEWELL TECH LLC
5285 WESTVIEW DRIVE 200FREDERICKMD21703262896175INFOR & CNSLT SVCSDETHE ASBURY GROUP INCC0
IVA INC
5285 WESTVIEW DRIVE 200FREDERICKMD21703562362361HOLDS LIQOUR LICENSESOKASBURY ATLANTIC INCCYes (1)1.00000
5285 WESTVIEW DRIVE ONE LLC
5285 WESTVIEW DRIVE 200FREDERICKMD21703881212545INFO. TECH. RESELLER AND IMPLEMENTATION PARTNERMDTHE ASBURY GROUP INCC0
1569 TEELS ROAD LLC
5285 WESTVIEW DRIVE 200FREDERICKMD21703871564257OPERATE A PERSONAL CARE HOME AND SENIOR LIVING COMMUNITYPATHE ASBURY GROUP INCC0
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other OrgYes (1)PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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