2016-10-31T09:08:54-05:00 2016-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2015-07-01 020400703 THE RIVERWOODS COMPANY AT EXETER NEW HAMPSHIRE RIVE 6037784700 5 WHITE OAK DRIVE EXETER NH 03833 KEVIN P GOYETTE CFO 6037724700 2016-10-28 1 SETH BRODY P01586423 2156433900 2015 2017-02-10 21:41:12Z JUSTINE VOGEL 5 WHITE OAK DRIVE EXETER NH 03833 43298403 0 X WWW.RIVERWOODSRC.ORG X 1983 NH TO ESTABLISH, OWN, AND MAINTAIN CHARITABLE CONTINUING CARE RETIREMENT COMMUNITIES FOR THE ELDERLY. 17 16 717 296 0 0 464922 365876 32567465 33165775 1984857 1963567 460419 335938 35477663 35831156 159194 21245 0 0 18729541 19506064 0 0 16039 17716302 17607445 36605037 37134754 -1127374 -1303598 180053456 186760466 243010804 252946569 -62957348 -66186103 X TO ESTABLISH,OWN,AND MAINTAIN CHARITABLE CONTINUING CARE RETIREMENT COMMUNITIES WHICH PROVIDE HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, SECURITY, AND OTHER ANCILLARY SERVICES TO ELDERLY PERSONS. 0 0 29248798 21245 33165775 RIVERWOODS HAS ONE PRIMARY PROGRAM SERVICE, TO ESTABLISH, OWN AND MAINTAIN A CONTINUING CARE RETIREMENT COMMUNITY WHICH PROVIDES HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, SECURITY AND OTHER ANCILLARY SERVICES TO ELDERLY PERSONS. ON JUNE 30, 2016 THE COMMUNITY HOUSED APPROXIMATELY 499 RESIDENTS IN INDEPENDENT APARTMENTS AND 137 RESIDENTS IN THE HEALTH CARE CENTERS. OVER THE COURSE OF THE YEAR THE HEALTH CARE CENTERS SERVED APPROXIMATELY 195 RESIDENTS ON A PERMANENT, TEMPORARY, OR PER DIEM BASIS AT A SUBSTANTIALLY DISCOUNTED RATE. THE "CONTRACTUAL ALLOWANCE" (I.E. WRITE-OFF) RELATED TO CARE PROVIDED FOR LIFECARE RESIDENTS WAS IN EXCESS OF $11,860,000.00 FOR THE FISCAL YEAR ENDED JUNE 30, 2016. THIS IS AN AVERAGE DISCOUNT OF 76% VERSUS THE STANDARD MONTHLY PRIVATE PAY RATE IN AREA NURSING HOMES AND ASSISTED LIVING FACILITIES. RIVERWOODS ALSO PROVIDED BENEVOLENCE ASSISTANCE FOR ITS RESIDENTS WHO, THROUGH NO FAULT OF THEIR OWN, HAVE EXHAUSTED THEIR FINANCIAL RESOURCES. FOR THE FISCAL YEAR ENDED JUNE 30, 2016, RIVERWOODS PROVIDED FINANCIAL ASSISTANCE TO A TOTAL OF FIVE RESIDENTS IN THE AMOUNT OF $172,873. 29248798 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 163 0 717 1 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X KEVIN P GOYETTE 6036583035 5 WHITE OAK DRIVE EXETER NH 03833 CARLA BRAVEMAN TRUSTEE 1.00 0.00 X 0 0 0 JACK DUNN RESIDENT TRUSTEE 1.00 0.00 X 0 0 0 ROSS GITTELL TRUSTEE 1.00 0.00 X 0 0 0 DAVID HANSON TRUSTEE 1.00 0.00 X 0 0 0 TAMMY MICHAUD TRUSTEE 1.00 0.00 X 0 0 0 PATRICK PARISI TRUSTEE 1.00 1.00 X 0 0 0 JOHN PROCHILO TRUSTEE THROUGH 6/2016 1.00 1.00 X 0 0 0 ERIC ROBB TRUSTEE 1.00 0.00 X 0 0 0 BETH ROBERTS TRUSTEE 1.00 3.00 X 0 0 0 NATE TENNANT TRUSTEE 1.00 0.00 X 0 0 0 HOWIE ULFELDER RESIDENT TRUSTEE 1.00 0.00 X 0 0 0 BRIAN F WALSH CLERK JANUARY-JUNE 2016 1.00 0.00 X 0 0 0 SIDNEY WANZER RESIDENT TRUSTEE 1.00 0.00 X 0 0 0 KATHERINE SOUTHWORTH CLERK/RESIDENT TRUSTEE THROUGH 1/2016 1.00 0.00 X X 0 0 0 CATHY TROWER CLERK JUNE 2016 1.00 0.00 X X 0 0 0 DIANNE MERCIER TREASURER 1.00 1.00 X X 0 0 0 PATTY PRUE VICE-CHAIR 1.00 0.00 X X 0 0 0 BRUCE MAST CHAIR 1.00 0.00 X X 0 0 0 JUSTINE VOGEL CEO 20.00 20.00 X X 297560 0 23220 KEVIN GOYETTE CFO 27.00 13.00 X 221024 0 22864 CATHLEEN TOOMEY VP OF MARKETING 32.00 8.00 X 174293 0 10950 DAWN BARKER VP OF HR 40.00 0.00 X 163599 0 20848 CYNTHIA MARTIN VP OF HEALTHCARE 40.00 0.00 X 168595 0 8394 CHARLES KELSEY VP OF RESIDENT LIFE 40.00 0.00 X 160734 0 1145 MARY FLANAGAN NURSE PRACTITIONER 40.00 0.00 X 146652 0 18711 1332457 0 106132 13 0 1 0 MORRIS PIGEON 273 LITTLEWORTH ROAD MADBURY NH 03823 GENERAL CONTRACTOR 953045 SELECT REHABILITATION INC PO BOX 809056 CHICAGO IL 60680 THERAPY SERVICES 432174 HAMPSTEAD NURSING SERVICES INC 10 BRICKETTS MILL ROAD SUITE 2 HAMPSTEAD NH 03841 STAFFING 208986 CADIEUX FLOORING PO BOX 155 STRATHAM NH 03885 CONTRACTOR 164448 CANTWELL EXCAVATING INC 529 SCHOOL STREET BERWICK ME 03901 CONTRACTOR 156484 10 365876 365876 RESIDENT SERVICE FEES 623000 22875140 22875140 HEALTH CENTER FEES 623000 7542984 7542984 EARNED ENTRANCE FEES 623000 2747651 2747651 33165775 1680699 1680699 75843 0 75843 75843 75843 7750115 7461205 6042 288910 -6042 282868 282868 ANCILLARY RESIDENT SERVICES 812900 260095 260095 260095 35831156 33165775 0 2299505 21245 21245 564668 40428 508201 16039 15183771 12353664 2830107 506382 408391 97991 2151558 1713525 438033 1099685 864352 235333 22795 22795 56040 56040 192571 192571 884543 723526 161017 138259 122029 16230 1233555 934962 298593 249417 10847 238570 3123951 2655359 468592 120195 57211 62984 30433 30433 1770299 1504754 265545 155843 155843 6103850 5109466 994384 438775 373092 65683 RAW FOOD 1278721 1112488 166233 REPAIRS AND MAINTENANCE 417090 350324 66766 OTHER EMPLOYEE EXPENSES 403344 153083 250261 RESIDENT ACTIVITIES 145328 143751 1577 842436 596301 246135 37134754 29248798 7869917 16039 7017657 8103325 2386112 3281966 564955 1153919 243186 235288 786034 846806 171485835 69974264 103967150 101511571 53972707 60475077 8021969 8222588 3093686 2929926 180053456 186760466 3800353 3512916 176521366 187607348 61565000 59970000 1124085 1856305 243010804 252946569 X -63528654 -67150443 120897 473522 450409 490818 -62957348 -66186103 180053456 186760466 X -1303598 -1170138 -755019 X X 0 1 X 1 0 X 143699 234386 171221 464922 365876 1380104 35210691 36680150 32578147 32895776 33425870 170790634 35354390 36914536 32749368 33360698 33791746 172170738 0 0 0 172170738 1957853 1651327 1571498 1772925 1756542 8710145 1957853 1651327 1571498 1772925 1756542 8710145 272946 37403 48553 358902 37585189 38603266 34320866 35182176 35548288 181239785 0.95000 0.95260 0.04810 0.04430 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 459683 11510 3261 4348 470106 446274 5975 12204 4770 459683 351051 38115 61354 4246 446274 278046 43887 32310 3192 351051 268311 10144 2517 2926 278046 0.00000 1.00000 0.00000 0 0 4776982 4776982 157608042 64292358 93315684 9100811 5681906 3418905 101511571 INTEREST RATE SWAP AGREEMENTS 1856305 1856305 X 33905999 -1170138 -755019 -1925157 35831156 0 35831156 37134754 0 37134754 0 37134754 PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED IN 2006 TO PROVIDE LONG-TERM ASSET GROWTH, DUE TO THE CONSTRAINT THAT ONLY INVESTMENT EARNINGS CAN BE UTILIZED. IT SHOULD BE ABLE TO PROVIDE FUTURE LIQUIDITY FOR ONE-TIME BUDGET SHORTFALLS AND NON-RECURRING EXPENSES WHEN NEEDED. PART X, LINE 2: RIVERWOODS IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. RIVERWOODS FOLLOWS THE PROVISIONS OF THE INCOME TAX ACCOUNTING STANDARDS REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON THE COMPANY'S FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -732,220. CHANGE IN FAIR VALUE OF CHARITABLE GIFT ANNUITY -22,799. 1 COLLEGE SCHOLARSHIPS FOR HIGH SCHOOL STUDENTS AND EMPLOYEES PURSUING A CAREER IN HEALTH CARE RELATED SERVICES 6 21200 PART I, LINE 2: RIVERWOODS HAS TWO SCHOLARSHIP FUNDS WHICH WERE INITIALLY ESTABLISHED BY RESIDENTS AND THE FAMILY OF A DECEASED RESIDENT. THE SPENCER SCHOLARSHIP FUND ASSISTS EMPLOYEES WHO ARE PURSUING A CAREER IN NURSING AND THE PEABODY SCHOLARSHIP FUND PROVIDES FUNDS FOR CHILDREN OF RIVERWOODS EMPLOYEES WHO WISH TO PURSUE A POST HIGH SCHOOL EDUCATION. EACH OF THESE FUNDS IS SEPARATELY ACCOUNTED FOR AS A RESTRICTED FUND, AND THE ANNUAL DISBURSEMENTS FOR SCHOLARSHIPS IS LIMITED TO 5% OF THE ACCOUNTS' MARKET VALUE AS OF A CERTAIN DATE EACH YEAR. WHEN SCHOLARSHIPS ARE AWARDED, THE CHECKS ARE MADE PAYABLE TO THE STUDENT AND THE COLLEGE OR UNIVERSITY. THE CHECKS ARE MAILED DIRECTLY BY RIVERWOODS TO THE INSTITUTION WHICH ENSURES THE FUNDS ARE BEING USED FOR THEIR INTENDED PURPOSE. X X X X X 0 0 0 0 0 0 0 0 0 JUSTINE VOGEL CEO 297560 0 0 0 0 0 7950 0 15270 0 320780 0 0 0 KEVIN GOYETTE CFO 209774 0 11250 0 0 0 6594 0 16270 0 243888 0 0 0 CATHLEEN TOOMEY VP OF MARKETING 163043 0 11250 0 0 0 5225 0 5725 0 185243 0 0 0 DAWN BARKER VP OF HR 152349 0 11250 0 0 0 4634 0 16214 0 184447 0 0 0 CYNTHIA MARTIN VP OF HEALTHCARE 157345 0 11250 0 0 0 2773 0 5621 0 176989 0 0 0 CHARLES KELSEY VP OF RESIDENT LIFE 149484 0 11250 0 0 0 797 0 348 0 161879 0 0 0 MARY FLANAGAN NURSE PRACTITIONER 146652 0 0 0 0 0 3525 0 15186 0 165363 0 0 0 A NHHEFA 020279866 2012-09-28 65605000 TO FINANCE AND REFINANCE RIVERWOODS' EXISTING CONTINUING CARE RETIREMENT CO. 0 0 0 A 5635000 65605000 452066 65152934 2012 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 1 1 DEUTSCHE BANK MORGAN STANLEY 10.910000000000 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NHHEFA DATE THE REBATE COMPUTATION WAS PERFORMED: 09/30/2012 FORM 990, PART VI, SECTION A, LINE 1 THE CURRENT RESIDENT BOARD REPRESENTATIVES ARE VOTING MEMBERS OF THE BOARD OF TRUSTEES. WHILE THE CEO IS A TRUSTEE, THE BOARD MAY VOTE TO EXCLUDE HER FROM MEETINGS IF PERSONNEL MATTERS RELATING TO THE CEO'S AND/OR CFO'S COMPENSATION ARE BEING DISCUSSED. THE EXECUTIVE COMMITTEE SHALL EXERCISE THE FULL AUTHORITY OF THE BOARD OF TRUSTEES AND IS RESPONSIBLE TO REPORT ITS ACTIONS AT EACH BOARD MEETING. THE EXECUTIVE COMMITTEE SHALL BE COMPOSED OF THE OFFICERS OF THE BOARD AND SHALL EXERCISE THE FULL AUTHORITY OF THE BOARD OF TRUSTEES BETWEEN MEETINGS OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL BE RESPONSIBLE TO THE BOARD OF TRUSTEES AND SHALL REPORT ITS ACTIONS AT EACH MEETING OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 6 THE RIVERWOODS GROUP (TRWG), A NEW HAMPSHIRE TAX-EXEMPT, NONPROFIT CORPORATION, WILL BE THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A SECTION 2 POWERS RESERVED TO TRWG EACH OF THE FOLLOWING ACTIONS BY THE CORPORATION'S BOARD OF TRUSTEES MUST BE APPROVED BY TRWG BEFORE IT BECOMES EFFECTIVE: (A) REMOVAL OF A MEMBER OF THE CORPORATION'S BOARD OF TRUSTEES; (B) ELECTION OF THE SLATE OF TRUSTEE CANDIDATES J) APPOINTMENT, EVALUATION, AND COMPENSATION OR TERMINATION OF THE PRESIDENT OR CHIEF EXECUTIVE OFFICER OF THE CORPORATION FORM 990, PART VI, SECTION A, LINE 7B SECTION 2 POWERS RESERVED TO TRWG EACH OF THE FOLLOWING ACTIONS BY THE CORPORATION'S BOARD OF TRUSTEES MUST BE APPROVED BY TRWG BEFORE IT BECOMES EFFECTIVE: (C) FINAL ADOPTION OF, AND ANY APPROVAL OF A MATERIAL DEVIATION FROM, THE ANNUAL AND ANY REVISED OPERATING AND CAPITAL BUDGETS OF THE CORPORATION; (D) FINAL ADOPTION OF, AND ANY APPROVAL OF A MATERIAL DEVIATION FROM, THE CORPORATION'S STRATEGIC PLAN; (E) TRANSFER TO ANY PERSON OR ORGANIZATION, WITH OR WITHOUT CONSIDERATION, DURING ANY TWELVE (12) MONTH PERIOD OF TANGIBLE, INTANGIBLE OR MIXED ASSETS WITH A VALUE IN EXCESS OF $500,000; (F) ANY SINGLE INCURRENCE, OR CUMULATIVE INCURRENCES IN ANY TWELVE (12) MONTH PERIOD, OF INDEBTEDNESS BY THE CORPORATION IN EXCESS OF $2.5 MILLION; (G) SALE, LEASE OR EXCHANGE OF ANY MATERIAL PORTION OF THE ASSETS OF, OR THE STATUTORY MERGER, CONSOLIDATION, CORPORATE DIVISION, DISSOLUTION, OR LIQUIDATION OF, THE CORPORATION OR ANY SUBSIDIARY OF THE CORPORATION; (H) APPOINTMENT OF A FIRM OF INDEPENDENT PUBLIC ACCOUNTANTS TO CONDUCT AN INDEPENDENT AUDIT OF THE CORPORATION'S FINANCIAL STATEMENTS OR A SPECIAL PROJECT WHICH MATERIALLY IMPACTS ASSETS, REVENUES OR OPERATIONS; (I) THE PARTICIPATION BY THE CORPORATION OR ANY SUBSIDIARY OF THE CORPORATION IN A KEY STRATEGIC RELATIONSHIP (THE TERM "KEY STRATEGIC RELATIONSHIP" MEANS THE OWNERSHIP OF, OR CONTRACTUAL PARTICIPATION IN, A NETWORK, SYSTEM, AFFILIATION, JOINT VENTURE, ALLIANCE OR SIMILAR ARRANGEMENT (NOT INCLUDING ACADEMIC AFFILIATIONS, MANAGED CARE CONTRACTS, OR OTHER PAYMENT ARRANGEMENT WITH THIRD PARTY PAYORS), ENTERED INTO WITH AN ORGANIZATION THAT IS NOT A PARTICIPANT ORGANIZATION, AS DEFINED IN TRWG'S BYLAWS); (K) ELIMINATION OR ADDITION OF ANY MATERIAL HEALTH CARE SERVICE OR PROGRAM BY THE CORPORATION OR ANY SUBSIDIARY OF THE CORPORATION; AND (L) THE AMENDMENT OF THE ARTICLES OF AGREEMENT, BYLAWS OR OTHER GOVERNING DOCUMENTS OF THE CORPORATION WHERE SUCH PROPOSED AMENDMENT WOULD (I) IMPACT THE POWERS RESERVED TO TRWG IN THESE BYLAWS, (II) REASONABLY BE EXPECTED TO HAVE ANY MATERIAL STRATEGIC, COMPETITIVE OR FINANCIAL IMPACT ON ONE OR MORE PARTICIPANT ORGANIZATIONS OR ON THE SYSTEM AS A WHOLE, OR (III) IMPACT THE OBLIGATIONS OF THE CORPORATION UNDER ANY AGREEMENT BETWEEN OR AMONG THE PARTICIPANT ORGANIZATIONS. FORM 990, PART VI, SECTION B, LINE 11 THE RIVERWOODS COMPANY AT EXETER NH HAS AUTHORIZED REVIEW OF THE FORM 990 TO ITS AUDIT COMMITTEE. DRAFT COPIES WILL BE DISTRIBUTED AND REVIEWED BY THE AUDIT COMMITTEE PRIOR TO FILING. ALL BOARD MEMBERS WERE WELCOME TO ATTEND THE MEETING WHICH WAS HELD ON OCTOBER 20, 2016. AFTER REVIEW BY THE RIVERWOODS COMPANY'S AUDIT COMMITTEE, A FULL COPY OF THE FINAL FORM 990 WILL BE PROVIDED TO THE RIVERWOODS COMPANY AT EXETER'S BOARD OF TRUSTEES ON A SECURE WEBSITE AND THE RIVERWOODS COMPANY AT EXETER'S BOARD WILL BE NOTIFIED THAT IT IS AVAILABLE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE IS SENT TO ALL BOARD MEMBERS AND KEY EMPLOYEES. THE QUESTIONNAIRE IS PREPARED AND AFFIRMATIVE ANSWERS ARE REVIEWED BY RIVERWOODS LEGAL COUNSEL. NO TRUSTEE SHALL PARTICIPATE AS A MEMBER OF THE BOARD OF TRUSTEES IN ANY DECISION AFFECTING THAT TRUSTEE'S PERSONAL FINANCIAL WELFARE OR THE FINANCIAL WELFARE OF ANY OTHER PERSON, ORGANIZATION OR INSTITUTION WITH WHICH THAT TRUSTEE IS AFFILIATED AS AN OWNER, EMPLOYEE, BOARD MEMBER, OR STOCKHOLDER. THIS SHALL NOT PRECLUDE A TRUSTEE FROM VOTING ON MATTERS AFFECTING THE OPERATION OF RIVERWOODS FOR THE SOLE REASON THAT A FAMILY MEMBER IS A RESIDENT OF THE FACILITY. IN THE EVENT A TRUSTEE HAS SUCH A CONFLICT IN A MATTER WHICH IS BEING EXPOUNDED, DELIBERATED AND/OR VOTED UPON BY THE BOARD OF TRUSTEES, SAID TRUSTEE SHALL ABSENT HIMSELF/HERSELF FROM THE BOARD, AND IF THE BOARD MEETING IS NOT OPEN TO THE PUBLIC AT LARGE, SHALL ABSENT HIMSELF/HERSELF FROM THE MEETING ROOM FOR THE TIME PERIOD DURING WHICH THE TOPIC IS UNDER DELIBERATION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 PAY RANGES FOR LIKE KIND POSITIONS ARE ANALYZED ANNUALLY AND COMPARED TO WAGE INFORMATION OBTAINED THROUGH SALARY SURVEYS AND OTHER LABOR MARKET RESOURCES AND CONDITIONS. CONSIDERATION IS GIVEN TO THE FOLLOWING IN DEVELOPING PAY RANGES: PREVAILING RATES FOR SIMILAR WORK IN OTHER SIMILAR INSTITUTIONS, NATIONAL, REGIONAL AND LOCAL SALARY PATTERNS, APPLICABLE LEGAL REQUIREMENTS, STANDARDS ESTABLISHED BY PROFESSIONAL ORGANIZATIONS AND THE FINANCIAL STATUS OF RIVERWOODS. THE BOARD EXECUTIVE COMMITTEE ALSO CONTRACTS WITH AN INDEPENDENT CONTRACTOR WHO HELPS FACILITATE THE GATHERING OF SALARY INFORMATION. THE CEO'S SALARY IS APPROVED BY THE EXECUTIVE COMMITTEE AND IS REVIEW ANNUALLY. THE COMPENSATION WAS MOST RECENTLY REVIEWED DURING FISCAL YEAR 2016. TOP MANAGEMENT POSITIONS ARE OVERSEEN BY THE CEO. DURING THE BUDGETING PROCESS, THE BOARD APPROVES THE SALARY BUDGET WHICH LISTS EACH OFFICER AND KEY EMPLOYEE SEPARATELY. IN ADDITION, SALARY SURVEYS, 990'S OF OTHER COMPANIES AND INTERNAL EQUITY ARE ALL CONSIDERED. THE CFO POSITION WAS REVIEWED BY AN INDEPENDENT CONSULTANT AND ALSO PRESENTED TO THE EXECUTIVE COMMITTEE. SALARY RANGES FOR ALL POSITIONS ARE DEVELOPED USING SIMILAR DATA AS OUTLINED ABOVE FOR THE CEO. COMPENSATION FOR ALL POSITIONS FOLLOW RIVERWOODS' COMPENSATION POLICY. THE COMPENSATION WAS MOST RECENTLY REVIEWED DURING FISCAL YEAR 2016. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. AN ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE IS SENT TO ALL BOARD MEMBERS AND KEY EMPLOYEES. THE QUESTIONNAIRE IS PREPARED AND AFFIRMATIVE ANSWERS ARE REVIEWED BY RIVERWOODS LEGAL COUNSEL. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -732,220. CHANGE IN FAIR VALUE OF CHARITABLE GIFT ANNUITY -22,799. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 990, PART III, LINE 4A RIVERWOODS AT EXETER WAS FOUNDED IN 1983 AS A NON-PROFIT, CHARITABLE ORGANIZATION, BY A GRASSROOTS GROUP OF SEACOAST RESIDENTS WHOSE MISSION WAS TO CREATE A CREATIVE AND SECURE CONTINUING CARE COMMUNITY THAT ENHANCED THE FREEDOM OF SENIOR LIVING WHILE EASING THE CHALLENGES OF AGING. GIFTS OF TIME, TALENT AND TREASURE THE WOMEN AND MEN WHO FOUNDED RIVERWOODS ALL HAD LONG HISTORIES OF COMMUNITY SERVICE, IN ADDITION TO THEIR PROFESSIONAL AND FAMILY LIVES. THEY UNDERSTOOD THE PRINCIPLES OF SERVICE TO OTHERS, AND WOVE THAT INTO OUR FOUNDING COMMITMENTS "TO BE A RESPONSIBLE COMMUNITY THAT PARTICIPATES IN THE LIFE OF THE LARGER COMMUNITY AROUND IT". PARTNERSHIP WITH SAINT VINCENT DE PAUL EXETER FROM THE FIRST YEAR RIVERWOODS OPENED, THE COMMUNITY HAS HELD A MAJOR FUND-RAISER FOR ANOTHER LOCAL NON-PROFIT, AND THAT TRADITION HAS CONTINUED AND GROWN IN MAGNITUDE, AS OUR COMMUNITY HAS GROWN, FOR THE PAST 22 YEARS. WHILE RIVERWOODS SUPPORTS MANY CAUSES IN VARIOUS WAYS THROUGHOUT THE YEAR, WE ORGANIZE AND HOST A MAJOR ONE-NIGHT FUND-RAISER FOR A LOCAL NON-PROFIT EVERY TWO YEARS. THE RESIDENTS SELECT THE NON-PROFIT FROM AMONG DOZENS OF APPLICANTS. THE PARTNERSHIPS ALWAYS INCLUDE MORE THAN SIMPLY A ONE NIGHT EVENT. IN FACT, THE MAJOR FUNDRAISER IS A GRAND FINALE OF SORTS OF THE TWO-YEAR CHARITABLE PARTNERSHIP. IN FY16 OUR MAJOR CHARITABLE PARTNER WAS SOCIETY OF SAINT VINCENT DE PAUL EXETER (SVDP). WITH MORE THAN 100 VOLUNTEERS, SVDP HELPS LOCAL FAMILIES AND ORGANIZATIONS IN A VARIETY OF WAYS INCLUDING PROVIDING FOOD AND OTHER SUPPORT TO PEOPLE IN THE EXETER AREA. THE MOST RECENT RIVERWOODS GALA AUCTION, HELD IN OCTOBER 2014, RAISED A RECORD $100,000 FOR SVDP. THE PARTNERSHIP WITH SVDP HAS GONE SO WELL THAT RIVERWOODS RESIDENTS DECIDED TO BUILD ON THAT STRENGTH AND MOMENTUM THROUGH FY16 AND INTO FY17 WITH ANOTHER GALA AUCTION SET FOR OCTOBER OF 2016. IN FY16, RIVERWOODS RESIDENTS AND STAFF SPENT TIME VOLUNTEERING AT THE SVDP FOOD PANTRY, ORGANIZED A FOOD DRIVE, AND WERE ABLE TO DONATE MULTIPLE BOXES OF FOOD ITEMS AS WELL AS CASH AND 17 GROCERY GIFT CARDS TOTALING $425.00 TO BE USED BY SVDP. IN THE FALL OF 2015, THE RENEWED PARTNERSHIP GREW TO INCLUDE A HOLIDAY OUTREACH PROJECT TO RAISE AWARENESS FOR SVDP. THIS PROJECT TOOK THE PHYSICAL FORM OF A HOLIDAY PARADE FLOAT, WHICH WAS SEEN BY THOUSANDS IN ATTENDANCE AT THE ANNUAL PARADE IN EXETER. THROUGHOUT FY16, RIVERWOODS RESIDENTS AND STAFF VOLUNTEERED FOR SVDP AND ALSO COLLECTED EGG CARTONS, BOXES AND PLASTIC BAGS FOR USE AT THE SVDP FOOD PANTRY. IN MAY OF 2016, RIVERWOODS DONATED STAFF TIME AND FOOD FOR DURING AN APPRECIATION BRUNCH FOR SVDP VOLUNTEERS. TIME RIVERWOODS RESIDENTS CONTRIBUTE HUNDREDS OF HOURS EACH YEAR TO NUMEROUS LOCAL, REGIONAL AND NATIONAL NON-PROFIT ORGANIZATIONS. A RECENT SURVEY AMONG RESIDENTS YIELDED A TOTAL OF 201 ORGANIZATIONS WHERE RIVERWOODS' MORE THAN 600 RESIDENTS CONTRIBUTED THEIR TIME. THE SURVEY FOUND THAT OF THOSE 201 ORGANIZATIONS, 105 IMPACTED THE EXETER AREA. OUR VOLUNTEER TIME HAPPENS INDIVIDUALLY AND IN A GROUP SETTING FOR CIVIC MINDED RESIDENTS AND STAFF ALIKE. OUR RESIDENTS RUN AN OUTREACH COMMITTEE, WHICH WORKS AS THE CONNECTION POINT FOR NEW RESIDENTS WHO ARE LOOKING FOR VOLUNTEER OPPORTUNITIES, AS WELL AS LOCAL ORGANIZATIONS WHO ARE LOOKING FOR VOLUNTEERS. SOME OF THE MOST POPULAR CAUSES FOR RESIDENTS INCLUDE HELPING ORGANIZATIONS FOCUSED ON ISSUES OF FAMILY, HUNGER, HOMELESSNESS, HEALTH, EDUCATION, VETERANS AND ANIMAL WELL-BEING. SPECIFIC ORGANIZATIONS TO WHICH RESIDENTS VOLUNTEER THEIR TIME INCLUDE SAINT VINCENT DE PAUL FOOD PANTRY, GIRL SCOUTS OF AMERICA, SEACOAST FAMILY PROMISE (A STRATHAM, NH BASED ORGANIZATION ASSISTING FAMILIES EXPERIENCING HOMELESSNESS), GREAT BAY STEWARDS (AN ORGANIZATION WITH THE MISSION TO PROTECT AND PRESERVE THE VITALITY OF THE GREAT BAY ESTUARINE SYSTEM THROUGH EDUCATION, LAND PROTECTION, RESEARCH AND CARE OF THE NEARBY GREAT BAY), ROCKINGHAM NUTRITION MEALS ON WHEELS, THE PEASE GREETERS (A GROUP WELCOMING DEPLOYED VETERANS WHEN THEY LAND BACK HOME IN NH), AND THE IMEC PROGRAM, WHICH COLLECTS MEDICAL EQUIPMENT AND SUPPLIES FOR HOSPITALS IN THE THIRD WORLD. THE STAFF AT RIVERWOODS PROVIDES TIME AND EFFORT TO SUPPORT A NUMBER OF COMMUNITY PROGRAMS. OUR EMPLOYEES PARTICIPATE ON MANY LOCAL NOT-FOR-PROFIT BOARDS, AND SPEND MANY VOLUNTEER HOURS IN THE COMMUNITY. STAFF DONATES THEIR TIME TO MANY WORTHY PROJECTS, INCLUDING THE NEW HAMPSHIRE PUBLIC TELEVISION AUCTION AND SEACOAST UNITED WAY'S DAY OF CARING. RIVERWOODS ALSO ENCOURAGES EMPLOYEES TO VOLUNTEER DURING WORK HOURS FOR SPECIAL NON-PROFIT PROJECTS. ONE EXAMPLE OF THIS IN FY 2016 WAS THE UNITED WAY DAY OF CARING, WHERE RIVERWOODS STAFF AND RESIDENT VOLUNTEERS ONCE AGAIN SPENT THE DAY HELPING THE TEAM AT ROCKINGHAM MEALS ON WHEELS. TALENT MANY OF OUR RESIDENTS TEACH AND MENTOR OTHERS IN THE COMMUNITY. IN DECEMBER OF 2015, RIVERWOODS DONATED RESIDENT DECORATED TREES TO THE FESTIVAL OF TREES; A FUNDRAISER ORGANIZED BY THE EXETER AREA CHAMBER OF COMMERCE. THE TREES WERE AUCTIONED OFF WITH PROCEEDS BENEFITTING THE NEW OUTLOOK TEEN CENTER IN EXETER. MAIN STREET SCHOOL, THE LOCAL ELEMENTARY SCHOOL, HAS WELCOMED RIVERWOODS RESIDENTS AS TUTORS AND CLASSROOM AIDES FOR MANY YEARS. WE HAVE A LONG HISTORY OF WORKING WITH CLASSROOM TEACHERS, AND MANY RESIDENT VOLUNTEERS ARE REGULARS AT STORY HOUR. THERE HAVE EVEN BEEN A FEW INSTANCES WHEN THOSE CHILDREN GROW UP, ATTEND HIGH SCHOOL, AND THEN APPLY TO WORK AS RIVERWOODS DINING STAFF, FURTHER CEMENTING THE CONNECTIONS BETWEEN RESIDENTS AND LOCAL FAMILIES. THE RIVERWOODS FIBER ARTS GROUP ALSO DONATED KNIT BOOTIES, CAPS AND SWEATERS FOR UNDERPRIVILEGED CHILDREN THROUGH THE STORK PROJECT. RESIDENT KNITTERS ALSO DONATED 17 KNIT THROWS, 2 CAR SEATS, 78 KNIT HATS, SEVEN SCARVES, SIX PAIRS OF MITTENS AND NUMEROUS OTHER HAND KNIT ITEMS TO OPERATION BLESSING, A LOCAL NON-PROFIT HELPING BABIES IN NEED. COMMUNITY PROGRAMS THIS PAST YEAR, RIVERWOODS PROVIDED A NUMBER OF FREE EDUCATIONAL PROGRAMS FOR THE PUBLIC, ON TOPICS INCLUDING HEALTH, WELLNESS, FITNESS, FINANCES AND SEVERAL WELL ATTENDED SESSIONS ON THE TOPIC OF ALZHEIMER'S, CONDUCTED IN ASSOCIATION WITH THE ALZHEIMER'S ASSOCIATION. IN NOVEMBER 2015, AS PART OF NATIONAL MEMORY SCREENING DAY, AN INITIATIVE OF THE ALZHEIMER'S FOUNDATION OF AMERICA (AFA) AND MEMBERS OF THE RIVERWOODS HEALTH CARE TEAM PROVIDED FREE, CONFIDENTIAL MEMORY SCREENINGS, EDUCATIONAL MATERIALS AND SUPPORT TO RESIDENTS AND MEMBERS OF THE SURROUNDING EXETER COMMUNITY. THE SCREENINGS WERE CONDUCTED AT RIVERWOODS WITH 50 PEOPLE PARTICIPATING. IN AN EFFORT TO BRIDGE THE MULTIGENERATIONAL DIVIDE, SUPPORT YOUTH VOLUNTEERS AND LEARN ABOUT THE MANY POWERFUL USES OF NEW COMMUNICATION TOOLS, RIVERWOODS ONCE AGAIN WELCOMED THE GROUP FRIENDS FOREVER, A 501(C)3 ORGANIZATION WHICH ALLOWS PEOPLE OF ALL AGES AND BACKGROUNDS TO PARTICIPATE FIRST-HAND IN THE INTERNATIONAL PEACE PROCESS. IN ORDER TO ASSIST SOME RIVERWOODS RESIDENTS DO THIS MORE EFFECTIVELY, INTERNATIONAL STUDENT VOLUNTEERS FROM FRIENDS FOREVER WORKED WITH A GROUP OF RIVERWOODS RESIDENTS AND STAFF ON HOW TO BEST USE SOME OF THE VOICE AND VIDEO TECHNOLOGY AVAILABLE AT RIVERWOODS TO BETTER COMMUNICATE WITH PEOPLE AROUND THE WORLD. SHARING OUR KNOWLEDGE PART OF THE RIVERWOODS MISSION IS NOT ONLY TO SHARE AN ENHANCED QUALITY OF LIFE WITH AS MANY SENIORS AS POSSIBLE, BUT TO ALSO TEACH OTHERS HOW THEY CAN DO THE SAME. RIVERWOODS EMPLOYEES REGULARLY SHARE THEIR KNOWLEDGE BY INVITING STUDENTS INTO THE RIVERWOODS COMMUNITY WHO CAN LEARN FROM THE VAST KNOWLEDGE AND EXPERIENCE OF THE RIVERWOODS STAFF. FROM SEPTEMBER 9, 2015 THROUGH OCTOBER 14, 2015, TWO NURSES FROM RIVERWOODS HOSTED TWO BSN STUDENTS FROM MASSACHUSETTS COLLEGE OF PHARMACY AND HEALTH SERVICES FOR THEIR CLINICAL PRACTICUM. IN THE FALL OF 2015 AND SPRING OF 2016, THE RIVERWOODS HEALTH CARE TEAM ALSO HOSTED 12 SOPHOMORE NURSING STUDENTS FROM THE UNIVERSITY OF NEW HAMPSHIRE OVER THE COURSE OF 180 CLINICAL HOURS FOR THE STUDENTS' CLINICAL PRACTICUM. SINCE RIVERWOODS OPENED ITS DOORS IN 1994, A KEY OBJECTIVE HAS NOT ONLY BEEN TO SHARE OUR EXPERIENCES WITH OTHERS, BUT TO LEARN FROM OTHERS IN THE INDUSTRY AT THE SAME TIME. IN THIS WAY WE BELIEVE WE CAN ELEVATE OUR OWN STANDARDS AT RIVERWOODS WHILE ALSO PARTICIPATING IN THE ADVANCEMENT OF THE SENIOR LIVING INDUSTRY AS WHOLE. WE HAVE ACCOMPLISHED THIS THROUGH CLOSE INDUSTRY INVOLVEMENT OF OUR SENIOR MANAGEMENT, PARTICIPATION IN TRADE SHOW ACTIVITIES, AND CONTRIBUTING TIMELY AND INFORMATIVE ARTICLES TO INFLUENCING PUBLICATIONS. OUR MANAGEMENT TEAM, RESIDENTS AND STAFF HAVE BEEN ASKED TO SPEAK AT NATIONAL AND REGIONAL INDUSTRY CONFERENCES, ON A NUMBER OF DIVERSE TOPICS WITHIN THE INDUSTRY INCLUDING SOCIAL ACCOUNTABILITY, STRATEGIC ACTION, MANAGING GROWTH, AND PROFESSIONAL DEVELOPMENT. 990, PART III, LINE 4A THE COLLABORATIVE RELATIONSHIPS DEVELOPED CONTINUE THROUGHOUT THE YEAR IN ONE-ON-ONE CONVERSATIONS AND LARGER GROUP DISCUSSIONS. THAT SPIRIT OF COLLABORATION POSITIONS ALL OF US IN THE NON-PROFIT SENIOR LIVING INDUSTRY TO BEST SERVE THE EVER-GROWING GROUP OF OLDER ADULTS. TREASURE RIVERWOODS IS A STRONG COMMUNITY PARTNER AND IN ADDITION TO RESIDENT AND STAFF TIME SPENT VOLUNTEERING, RIVERWOODS HAS ALSO HELPED A NUMBER OF COMMUNITY-WIDE EVENTS AND ORGANIZATIONS WITH FINANCIAL SUPPORT. THE RIVERWOODS OUTREACH COMMITTEE ORGANIZED A CAMPUS-WIDE TOY DRIVE TO SUPPORT THE EXETER FIREFIGHTER'S HOLIDAY DRIVE, AS WELL A SCHOOL SUPPLY DRIVE FOR LOCAL CHILDREN AND A BABY CLOTHING DRIVE FOR THE STORK PROJECT, AN INITIATIVE THAT PROVIDES WELCOME BUNDLES THAT ARE GIVEN TO LOW INCOME NEW MOMS IN NEW HAMPSHIRE. RIVERWOODS ALSO PROVIDES SPACE AND EVENT LOGISTICS FOR THE RED CROSS BLOOD DRIVES ON A REGULAR BASIS. IN FY16, RIVERWOODS HOSTED TWO BLOOD DRIVES FOR THE RED CROSS PROVIDING SPACE AND HOMEMADE COOKIES FROM THE RIVERWOODS DINING TEAM FOR THOSE WHO DONATED BLOOD. WHEN GREAT BAY KIDS NEEDED 50 CHAIRS FOR AN EVENT, RIVERWOODS NOT ONLY ALLOWED THE ORGANIZATION TO BORROW THE CHAIRS FREE OF CHARGE, BUT ALSO HANDLED THE DELIVERY AND PICKUP BEFORE AND AFTER THE EVENT. IN JUNE 2016, THE RIVERWOODS DINING TEAM DONATED FOOD AND CATERING SERVICES (VALUED AT $1,060) TO THE NON-PROFIT ORGANIZATION, GREAT BAY STEWARDS, A GROUP WHOSE MISSION IS TO PROTECT AND PRESERVE THE VITALITY OF NEW HAMPSHIRE'S GREAT BAY ESTUARINE ECOSYSTEM THROUGH EDUCATION, LAND PROTECTION, RESEARCH, AND OUTREACH. ORGANIZATIONS AND CHARITABLE CAMPAIGNS RECEIVING SUPPORT FROM RIVERWOODS INCLUDE: 20/20 VISION QUEST AMARE CANTARE SPRING CONCERT AMERICAN CANCER SOCIETY'S STRIDES AGAINST BREAST CANCER WALK AMERICAN INDEPENDENCE MUSEUM BLUE HILLS TRAILSIDE MUSEUM CAMP MAYHEW CHILD AND FAMILY SERVICES OF NEW HAMPSHIRE COLON CANCER FOUNDATION'S "STRIDES FOR LIFE" CONNOR'S CLIMB EPILEPSY FOUNDATION OF NEW ENGLAND EXETER AREA INTERFAITH CROP WALK EXETER FIREFIGHTERS FUND EXETER HIGH SCHOOL ALUMNI ASSOCIATION EXETER HIGH SCHOOL YOUTH SOCCER 5K ROAD RACE EXETER HISTORICAL SOCIETY EXETER, DOVER, PORTSMOUTH AND MANCHESTER CHAMBERS OF COMMERCE GIRLS ON THE RUN HAMPTON HISTORICAL SOCIETY KURN HATTIN HOMES FOR CHILDREN LEADERSHIP SEACOAST PROGRAM MASSACHUSETTS AUDUBON MOUNT WASHINGTON OBSERVATORY NEW HAMPSHIRE FOOD BANK OLLI, LIFELONG LEARNING PROGRAM OXFAM AMERICA PAWS WALK FOR NHSPCA PORTSMOUTH BLACK HERITAGE TRAIL ROCKINGHAM CHORAL SOCIETY SEACOAST CHARTER SCHOOL AUCTION SEACOAST FAMILY PROMISE SEACOAST REPERTORY THEATER SEACOAST SCIENCE CENTER SOCIETY FOR THE PROTECTION OF NH FORESTS SQUAM LAKE NATURAL SCIENCE CENTER ST. JUDE CHILDREN'S RESEARCH HOSPITAL ST. VINCENT DE PAUL STRAWBERRY BANKE MUSEUM THE EXETER CHAMBER "FESTIVAL OF TREES" CHRISTMAS AUCTION THE EXETER CHAMBER ANNUAL DINNER DANCE THE EXETER CHAMBER OF COMMERCE GOLF TOURNAMENT THE EXETER PARENT TEACHER ORGANIZATION'S ANNUAL "GET FIT IN MAY" RACE THE GIRL SCOUTS OF AMERICA THE GUNDALOW COMPANY THE MUSIC HALL UNH MARINE DOCENTS UNITED WAY WOMENADE OF GREATER SQUAMSCOTT IN ADDITION TO SPONSORSHIPS, WE HAVE PROVIDED SMALL HONORARIUMS/DONATIONS TO A NUMBER OF GROUPS WHO HAVE PROVIDED SPEAKERS FOR OUR ON-CAMPUS EDUCATION PROGRAMS, INCLUDING: AMERICAN INDEPENDENCE MUSEUM EXETER HISTORICAL SOCIETY NEW HAMPSHIRE CHARITABLE FOUNDATION SEACOAST LAND TRUST SEACOAST SCIENCE CENTER UNH MARINE DOCENT PROGRAM RIVERWOODS ALSO PROVIDES MEETING AND FUNCTION SPACE FREE OF CHARGE FOR SEVERAL LOCAL CIVIC AND RELIGIOUS GROUPS ON A REGULAR BASIS, INCLUDING: CHRIST EPISCOPAL CHURCH DANCE ON AIR GIRL SCOUTS OF AMERICA OSHER LIFELONG LEARNING INSTITUTE (OLLI) PEO INTERNATIONAL PHILIPS EXETER ALUMNI GROUP RED CROSS BLOOD DRIVE RICHIE MCFARLAND ORGANIZATION SEACOAST HUMAN RESOURCES ASSOCIATION THE GIRL SCOUTS OF AMERICA TOASTMASTERS INTERNATIONAL UNH MARINE DOCENT PROGRAM RIVERWOODS ALSO PROVIDES TRANSPORTATION TO RESIDENTS VOLUNTEERING IN THE COMMUNITY. FOR EXAMPLE, RIVERWOODS SHUTTLES ARE USED TO TRANSPORT RESIDENTS WHO VOLUNTEER AS TROOP GREETERS AT THE LOCAL AIRPORT, THOSE WHO VOLUNTEER AT THE NEW HAMPSHIRE PUBLIC TELEVISION AUCTION AND RIVERWOODS RESIDENTS AND STAFF WHO VOLUNTEER FOR UNITED WAY'S DAY OF CARING. ANNUAL RIVERWOODS SCHOLARSHIPS IN FY16, RIVERWOODS PROVIDED NINE SCHOLARSHIPS TOTALING $27,000 FOR OUR TENTH ANNUAL STUDENT SCHOLARSHIP AWARDS. BOUTIQUE SCHOLARSHIPS WERE AWARDED TO THREE HIGH SCHOOL STUDENTS WHO ARE ON THEIR WAY TO COLLEGE. MEMORIAL SCHOLARSHIPS WERE PRESENTED TO THREE RIVERWOODS LICENSED NURSING ASSISTANTS PURSUING THEIR REGISTERED NURSING DEGREES. THE ARCHIBALD AND ALMA MAE PEABODY SCHOLARSHIP TO ASSIST WITH COLLEGE EDUCATION WAS PRESENTED TO THREE CHILDREN OF RIVERWOODS EMPLOYEES. SINCE THE SCHOLARSHIP PROGRAM INCEPTION, RIVERWOODS HAS GRANTED 58 SCHOLARSHIPS FOR A TOTAL OF MORE THAN $125,000. HABITAT FOR HUMANITY AND WONDERLAND THRIFT STORE RIVERWOODS ANNUALLY DONATES WORKING APPLIANCES TO THE LOCAL HABITAT FOR HUMANITY. IN FY16 RIVERWOODS DONATED ONE REFRIGERATOR, TWO DISHWASHERS, TWO ELECTRIC STOVES AND ONE MICROWAVE TO HABITAT'S RE-STORE LOCATION IN NEWINGTON, NH. ADDITIONAL CLOTHING AND HOUSEHOLD ITEMS WERE DONATED BY RESIDENTS AND DELIVERED TO SALVATION ARMY AND WONDERLAND THRIFT STORE, A 501(C)3 ORGANIZATION SERVING PEOPLE IN OUR REGION. MEDICAL EQUIPMENT DONATIONS IN FY16 RIVERWOODS DONATED SEVEN ZENITH I HEALTHCARE BEDS TO INTERNATIONAL MEDICAL EQUIPMENT COLLABORATION (IMEC). THE DONATION WILL HELP IMEC SERVE THE MEDICALLY POOR THROUGHOUT THE WORLD'S UNDERSERVED HOSPITALS AND CLINICS. IN FY16 RIVERWOODS DONATED A GENTLY USED QUICKIE LXI WHEELCHAIR TO THE EXETER FIRE DEPARTMENT SO THEY COULD DELIVER IT TO AN EXETER RESIDENT WHO COULD NOT AFFORD TO BUY A NEW WHEELCHAIR. KITCHEN ITEMS DONATED IN APRIL 2016, RIVERWOODS DONATED HUNDREDS OF KITCHEN ITEMS TO CHRIST CHURCH IN EXETER. IN ADDITION TO PROVIDING WORSHIP SERVICES AND HOSTING VALUABLE COMMUNITY PROGRAMS, CHRIST CHURCH IS PART OF THE SEACOAST FAMILY PROMISE NETWORK OF CONGREGATIONS THAT PROVIDE FOOD AND SHELTER TO FAMILIES EXPERIENCING HOMELESSNESS. THE KITCHEN ITEMS DONATION TOTALED APPROXIMATELY 200 ITEMS RANGING FROM STEEL LADLES AND CATERING GOODS TO DINNER PLATES AND CASSEROLE DISHES. RIVERWOODS BENEVOLENCE PROGRAM AS A NOT-FOR-PROFIT CCRC, RIVERWOODS HAS A BENEVOLENCE FUND TO HELP RESIDENTS WHO HAVE OUTLIVED THEIR ASSETS, OR HAVE FOUND THEMSELVES UNABLE TO MAKE THEIR FINANCIAL COMMITMENT, THROUGH NO FAULT OF THEIR OWN. IF NEEDED, A RESIDENT CAN TURN TO THE RIVERWOODS BENEVOLENT FUND, RATHER THAN PLACING FINANCIAL BURDEN ON SENIOR ASSISTANCE PROGRAMS OUTSIDE THE RIVERWOODS COMMUNITY. A HELPING HAND FOR A FAMILY IN NEED AS A CHARITABLE NONPROFIT COMMUNITY, OUR FINANCIAL OBLIGATION IS GUIDED NOT ONLY BY OUR MISSION TO SERVE SENIORS, BUT ALSO BY A COMMITMENT TO TAKE CARE OF THE PEOPLE WHO WORK HERE AND THEIR FAMILIES DURING TIMES OF CRISIS. IN FY16 THE RIVERWOODS EMPLOYEE COMMUNITY BANDED TOGETHER FOR THE FAMILY OF A FELLOW STAFF MEMBER WHO HAD DIED SUDDENLY. IN RESPONSE TO THE SUDDEN DEATH OF OUR COLLEAGUE AND THE BURDEN IT LEFT ON HIS FAMILY, RIVERWOODS EMPLOYEES BANDED TOGETHER AND DONATED 209 HOURS OF THEIR EARNED VACATION TIME. THE FINANCIAL VALUE OF THE DONATION TOTALED $8,080 AND WAS DONATED TO HELP HIS WIDOW AS SHE WORKED THROUGH THE FAMILY'S FINANCIAL RECOVERY OF LOSING HER HUSBAND. RETAIL SUPPORT IT IS IMPOSSIBLE TO MEASURE THE IMPACT OF THE COMMUNITY ON THE OVERALL BENEFIT OF EXETER'S ACTIVE INDEPENDENT BUSINESSES. OUR CONCIERGE SERVICE OFFERS THREE DAYS EACH WEEK OF FREE TRANSPORTATION TO LOCAL GROCERY STORES, DOCTOR'S OFFICES, HAIRDRESSERS AND TO THE ACTIVE DOWNTOWN DISTRICT. OUR RESIDENTS ESPECIALLY CONTRIBUTE TO THE LOCAL ECONOMY, AS DO OUR EMPLOYEES. THIS PAST FISCAL YEAR RIVERWOODS ONCE AGAIN ORGANIZED AND HOSTED THE THIRD ANNUAL EXETER HOLIDAY FAIR. THE WELL ATTENDED EVENT FEATURED SEVERAL DOZEN AREA BUSINESSES. EACH BUSINESS HAD A BOOTH SHOWCASING THEIR GOODS AND/OR SERVICES FOR RESIDENTS AND EMPLOYEES. THE RIVERWOODS GROUP 5 WHITE OAK DRIVE EXETER NH 03833 451450956 SUPPORT CHARITABLE PURPOSES & ACTIVITIES OF RIVERWOODS COMPANY AT EXETER NH 501(C)(3) LINE 11A, I N/A 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0