2016-04-26T14:12:11-05:00 2015-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 1869 CHARTER LANE STE 301 LANCASTER PA 17601 990 2014-07-01 232010104 HOMESTEAD VILLAGE INC HOME 7173974831 PO BOX 3227 LANCASTER PA 176043227 BRENT A MESSNER CFO 7173974831 2016-04-25 1 KERRI N BOGDA P00760402 7173935696 2014 2016-08-17 19:52:53Z DOUGLAS V MOTTER PO BOX 3227 LANCASTER PA 176043227 16707083 0 X WWW.HOMESTEADVILLAGE.ORG X 1976 PA CONTINUING CARE RETIREMENT COMMUNITY 14 13 242 224 69099 0 131448 258563 14426031 15254114 145948 290053 260106 239093 14963533 16041823 3909 3898 0 0 6654574 7243694 3900 0 31788 7898746 8111962 14561129 15359554 402404 682269 40147274 40406728 35193989 34924379 4953285 5482349 X ENHANCING INDEPENDENCE AND DIGNITY AS TOGETHER WE CREATE A COMPASSIONATE COMMUNITY. 0 0 3419750 0 4031849 INDEPENDENT LIVING - HOMESTEAD VILLAGE PROVIDES INDEPENDENT LIVING ACCOMMODATIONS FOR 370 RESIDENTS IN 29 SINGLE FAMILY HOMES, 136 TOWNHOUSES, AND 111 APARTMENTS. INDEPENDENT LIVING IS THE FIRST STAGE IN THE QUALITY, RESIDENT-FOCUSED CONTINUUM OF CARE WE PROVIDE FOR THE OLDER ADULTS WE SERVE. RESIDENTS ENJOY ACTIVE LIVING THROUGH A VARIETY OF ACTIVITIES, LIFE-LONG LEARNING OPPORTUNITIES, WORRY-FREE HOME MAINTENANCE, AND PEACE OF MIND WITH THE BEST CARE AVAILABLE. 785873 0 926536 PERSONAL CARE SERVICES - AN INTERMEDIATE LEVEL OF CARE IS PROVIDED TO RESIDENTS THROUGH A THIRTEEN ROOM PERSONAL CARE APARTMENT COMPLEX AND THROUGH OUR INNOVATIVE SUPPORTIVE SERVICES PROGRAM WHICH PROVIDES PERSONAL-CARE SERVICES IN UP TO 87 OF OUR APARTMENT UNITS. THIS PART OF THE PROGRAM ALLOWS RESIDENTS TO REMAIN IN THEIR HOMES FOR A LONGER PERIOD OF TIME BEFORE TRANSFERRING TO THE HIGHER LEVEL OF CARE UNITS. THE PERSONAL CARE RESIDENTS RECEIVED 19,600 NURSING HOURS, AND THE SUPPORTIVE SERVICES PARTICIPANTS RECEIVED 27,700 HOURS OF NURSING SERVICE DURING THE YEAR. WE SERVED AN AVERAGE OF 11.4 RESIDENTS MONTHLY THROUGH THE PERSONAL CARE APARTMENTS AND 30.3 RESIDENTS MONTHLY THROUGH THE SUPPORTIVE SERVICES PROGRAM. 8674062 0 10226630 NURSING SERVICES - WE PROVIDE HIGH LEVEL NURSING CARE TO THOSE OF OUR RESIDENTS AND MEMBERS OF THE SURROUNDING COMMUNITY WHO REQUIRE SKILLED NURSING CARE. WE HAVE A SIXTY-BED NURSING FACILITY LICENSED FOR BOTH MEDICARE AND MEDICAID WHICH SERVED AN AVERAGE OF 52.1 RESIDENTS PER MONTH DURING THE YEAR. THESE RESIDENTS WERE PROVIDED APPROXIMATELY 88,500 HOURS OF NURSING SERVICE DURING THE YEAR. HOMESTEAD PROVIDES SERVICES TO RESIDENTS WHO MEET CERTAIN CRITERIA AT AMOUNTS LESS THAN ITS COST OF PROVIDING CARE. HOMESTEAD MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF BENEVOLENT CARE IT PROVIDES. THE COSTS ASSOCIATED WITH THE BENEVOLENT CARE SERVICES PROVIDED TO RESIDENTS INCLUDE BOTH DIRECT COSTS AND ESTIMATED INDIRECT COSTS, AS REPORTED BY MANAGEMENT ON THE HOMESTEAD'S INTERNAL FINANCIAL STATEMENTS. THE LEVEL OF BENEVOLENT CARE PROVIDED BY HOMESTEAD, WHICH REPRESENTS THE DIFFERENCE BETWEEN THE ESTIMATED COST OF PROVIDING CARE AND THE PAYMENTS RECEIVED FOR SERVICES RENDERED, INCLUDING MEDICAL ASSISTANCE PROGRAM BENEFICIARIES, WAS APPROXIMATELY $662,000 AND $670,000 IN 2015 AND 2014, RESPECTIVELY. 3898 3898 12879685 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 1 13 0 1 242 1 1 1 0 0 0 0 0 0 0 0 0 X 14 13 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PA X BRENT A MESSNER CFO 7173974831 1800 VILLAGE CIRCLE LANCASTER PA 17603 GEORGE D ALSPACH CHAIRMAN (RESIGNED SEPT. 2014) 4.00 X X 0 0 0 LISA M COOPER CHAIRMAN 4.00 X X 0 0 0 DIANA D DIEHL BOARD (RESIGNED SEPT. 2014) 2.00 X 0 0 0 JAMES F YOUNG BOARD MEMBER 2.00 X 0 0 0 JOAN H BOBEN BOARD MEMBER 2.00 X 0 0 0 C EUGENE MOORE BOARD MEMBER 2.00 X 0 0 0 THOMAS ATKINS BOARD MEMBER 2.00 X 0 0 0 JACK HESS VICE CHAIR 2.00 X X 0 0 0 WILLIAM BAKKEN MD BOARD MEMBER 2.00 X 0 0 0 BENJAMIN BAMFORD TREASURER 2.00 X X 0 0 0 FRED GEIGER BOARD MEMBER 2.00 X 0 0 0 STEPHEN KEPCHAR JR BOARD MEMBER 2.00 X 0 0 0 ARTHUR MORRIS BOARD (RESIGNED MAY. 2015) 2.00 X 0 0 0 DAVID URECH BOARD MEMBER 2.00 X 0 0 0 WILLIAM WHITESELL BOARD MEMBER 2.00 X 0 0 0 MARY LOUISE BARTON BOARD MEMBER 2.00 X 0 0 0 GARY BROWN BOARD MEMBER 2.00 X 0 0 0 DOUGLAS V MOTTER PRESIDENT 50.00 X 174820 0 12560 BRENT A MESSNER CFO 50.00 X 128355 0 15205 CAROL CARTER EXECUTIVE DIRECTOR 50.00 X 124239 0 9052 427414 0 36817 3 0 1 0 CURA HOSPITALITY 2970 CORPORATE COURT STE 5 OREFIELD PA 18069 FOOD SERVICE 1671568 GENESIS REHAB SERVICES 101 EAST STATE STREET KENNET SQUARE PA 19348 REHABILITATION SERVICES 486070 COOPER HOMES INC 2111 MARIETTA AVE LANCASTER PA 17603 CONTRACTOR 317546 VARSITY 532 NORTH FRONT STREET SUITE 200 WORMLEYSBURG PA 17043 MARKETING FIRM 208790 WILLIAMS APOTHECARY 201 EAST CHESTNUT STREET LANCASTER PA 17602 PHARMACY SERVICE 141512 7 258563 258563 RESIDENT SERVICES 623000 14393908 14393908 ENTRANCE FEES 623000 791107 791107 DINING ROOM 623000 38012 38012 POOL AND MEMBERSHIP 623000 31087 31087 15254114 146905 146905 179225 82067 97158 97158 97158 726341 583193 143148 143148 143148 BEAUTY/BARBER SHOP 623000 88264 88264 RESIDENT ACTIVITIES 623000 46538 46538 APPLICATION FEES 623000 6900 6900 233 233 141935 16041823 15185015 69099 529146 X 3898 3898 473701 473701 5571756 4953124 593748 24884 54387 48072 6315 618128 631759 -13631 525722 450519 73299 1904 29117 29117 57862 57862 830 830 19227 19227 2598819 2577908 20911 305624 305624 605337 269551 330786 5000 1773339 1574160 199179 5533 1388 4145 39367 18758 20609 1989196 1989196 156700 156700 RESIDENT ACTIVITIES 197101 147081 50020 MEDICAL SUPPLIES 167859 166584 1275 PERSONNEL EXPENSES 72911 72911 DUES, FEES AND SUBS. 56072 34891 21181 37068 12796 24272 15359554 12879685 2448081 31788 1570 1570 1248608 2533790 29255 25440 1211545 841707 175053 177179 65974437 33307427 33225176 32667010 3860273 4025072 395794 134960 40147274 40406728 1143903 1110670 27498269 27826289 4977050 4473253 580738 560556 994029 953611 35193989 34924379 X 3750025 4152402 540471 656798 662789 673149 4953285 5482349 40147274 40406728 682269 -153205 0 X 0 1 X 1 0 X 859671 206868 136221 131448 258563 1592771 11469167 12308056 13828978 14348552 15185015 67139768 118126 132265 129890 144083 141702 666066 12446964 12647189 14095089 14624083 15585280 69398605 124406 10000 5000 10000 149406 0 124406 10000 5000 10000 149406 69249199 295889 312842 291658 287476 326130 1513995 295889 312842 291658 287476 326130 1513995 2203 96 1513 5123 233 9168 12745056 12960127 14388260 14916682 15911643 70921768 0.97640 0.97180 0.02130 0.02020 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISC INCOME - 2010 AMOUNT: $ 2,203. 2011 AMOUNT: $ 96. 2012 AMOUNT: $ 1,513. 2013 AMOUNT: $ 5,123. 2014 AMOUNT: $ 233. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 830 830 0 PART II-B, LINE 1: HOMESTEAD VILLAGE PAYS DUES TO THE ORGANIZATIONS LEADING AGE AND LEADING AGE OF PA. A PORTION OF THE DUES PAID TO THESE ORGANIZATIONS IS ALLOCABLE TO LOBBYING EXPENSES. THE TOTAL AMOUNT OF DUES PAID BY HOMESTEAD VILLAGE THAT IS ALLOCABLE TO LOBBYING IS $830. 707774 10360 23664 741798 716912 2460 56627 68225 707774 686222 4575 52785 26670 716912 645959 16237 51981 27955 686222 397451 4675 258583 14750 645959 0.00000 0.90750 0.09250 0 0 2505409 2505409 38740820 18936073 19804747 12163972 6526513 5637459 11190196 7844841 3345355 1374040 1374040 32667010 CHARITABLE GIFT ANNUITIES 124170 DEPOSITS 829441 953611 X 15970685 -153205 -153205 16123890 -82067 -82067 16041823 15441621 82067 82067 15359554 0 15359554 PART V, LINE 4: HOMESTEAD VILLAGE'S ENDOWMENT FUND IS USED TO PROVIDE FINANCIAL SUPPORT TO RESIDENTS WHO HAVE DEPLETED THEIR FINANCIAL RESOURCES AND FOR THE PURPOSES SPECIFIED BY THE DONORS. DONORS HAVE PROVIDED FUNDS TO RENOVATE OUR SKILLED NURSING FACILITY TO PROVIDE MORE "HOME-LIKE" SURROUNDINGS FOR RESIDENTS. THEY HAVE ALSO PROVIDED FUNDS TO SUPPORT OUR CHAPLAIN SERVICE AND TO HELP EMPLOYEES WITH UNUSUAL FINANCIAL NEEDS. AN EXAMPLE OF THAT HELP INCLUDES HELPING AN EMPLOYEE PAY AN UNUSUALLY HIGH PRESCRIPTION BILL. A COMMITTEE OF THE BOARD OF DIRECTORS APPROVES REQUESTS FOR THE USE OF ENDOWMENT FUNDS. PART X, LINE 2: HOMESTEAD FOLLOWS THE ACCOUNTING GUIDANCE WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A COMPANY'S FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED BY EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THERE IS ALSO GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. MANAGEMENT HAS DETERMINED THAT THIS GUIDANCE DOES NOT HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. HOMESTEAD'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2014, 2013, AND 2012 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -82,067. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 82,067. X X X 0 0 0 0 0 0 0 0 0 DOUGLAS V MOTTER PRESIDENT 174820 0 0 0 0 0 3414 0 9146 0 187380 0 0 0 A EAST HEMPFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY 231925435 2010-07-21 6700000 REFINANCE 1993 BONDS, CAPITAL IMPROVEMENTS 0 0 0 A 2226744 5957609 1291104 4676505 2011 1 0 1 1 A 0 1 1 1 0 0.02500 0.00000 0.02500 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 COOPER HOMES INC LISA COOPER, OWNER, IS PRESIDENT OF THE HOMESTEAD VILLAGE BOARD 317546 COOPER HOMES WAS PAID FOR RENOVATIONS. ALL TRANSACTIONS ARE AT ARM'S LENGTH. 0 FORM 990, PART VI, SECTION A, LINE 1 ALL DIRECTORS HAVE THE SAME VOTING RIGHTS. THE BYLAWS GIVE THE EXECUTIVE COMMITTEE THE POWER TO ACT WITH THE FULL AUTHORITY OF THE BOARD BETWEEN MEETINGS. ALL ACTIONS TAKEN BY THE EXECUTIVE COMMITTEE MUST BE REPORTED AT THE NEXT BOARD OF DIRECTORS MEETING. FORM 990, PART VI, SECTION B, LINE 11 HOMESTEAD VILLAGE'S CFO PERFORMS THE INITIAL COMPANY REVIEW OF THE FORM 990 PREPARED BY INDEPENDENT ACCOUNTANTS. THE FORM 990 IS THEN PRESENTED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW. AFTER THE FINANCE COMMITTEE'S REVIEW, EVERY MEMBER OF THE BOARD OF DIRECTORS RECEIVES A COPY OF THE FORM 990 FOR REVIEW BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ARTICLE III, SECTION 13 OF HOMESTEAD VILLAGE'S BY-LAWS DEALS WITH CONFLICT OF INTEREST FOR BOARD MEMBERS. ALL MEMBERS OF THE BOARD OF DIRECTORS SHALL BE APPRISED OF THE FIDUCIARY OBLIGATIONS OF THEIR POSITION AS A MEMBER OF THE BOARD AND OF THEIR RESPONSIBILITY TO THE CORPORATION TO REFRAIN FROM PARTICIPATING IN ANY ACTION THAT IS A CONFLICT OF INTEREST IN THEIR DIRECTOR RELATIONSHIP TO THE CORPORATION. EACH MEMBER OF THE BOARD SHALL BE REQUIRED TO EXECUTE ANNUALLY A CONFLICT OF INTEREST STATEMENT IN A FORM TO BE PREPARED AND MAINTAINED BY THE OFFICE OF THE PRESIDENT OF THE CORPORATION. DIRECTORS ARE REQUIRED TO DISCLOSE ANY RELATIONSHIPS THEY MAY HAVE WITH OTHER DIRECTORS, OFFICERS, AND ENTITIES THAT DO BUSINESS WITH HOMESTEAD VILLAGE, ETC. ANY DIRECTOR OR OFFICER WITH A CONFLICT WILL ABSTAIN FROM VOTING ON ANY MATTER THAT INVOLVES THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS ANNUALLY REVIEWS THE PERFORMANCE OF HOMESTEAD VILLAGE'S CEO. IT USES THE LEADING AGE SALARY SURVEY AS A GUIDE WHEN DETERMINING THE RATE OF INCREASE IN THE CEO'S COMPENSATION. INCREASES ARE MERIT-BASED AND THE PROCESS INCLUDES A REVIEW BY THE EXECUTIVE COMMITTEE OF THE GOALS SET FOR THE PRESIDENT FOR THE PAST YEAR AND THE PROGRESS MADE TOWARD ACHIEVING THOSE GOALS. NEW GOALS FOR THE UPCOMING YEAR ARE ESTABLISHED AS PART OF THE REVIEW PROCESS. THE CHAIRMAN OF THE BOARD OF DIRECTORS COMMUNICATES IN WRITING TO THE CHIEF FINANCIAL OFFICER ANY INCREASE IN COMPENSATION FOR THE PRESIDENT. THE CHIEF FINANCIAL OFFICER SHARES THE COMMUNICATION WITH HOMESTEAD VILLAGE'S DIRECTOR OF HUMAN RESOURCES. ALL OTHER EMPLOYEES OF HOMESTEAD VILLAGE HAVE THEIR PERFORMANCE REVIEWED ANNUALLY BY THEIR SUPERVISORS. PAY INCREASES ARE DETERMINED BY THE RESULTS OF THAT REVIEW. ANY PAY INCREASE OR DECREASE VARYING FROM THE COMPANY MEDIAN MUST BE APPROVED BY THE CEO. THE DIRECTOR OF HUMAN RESOURCES ALSO EXAMINES THE ANNUAL PERFORMANCE REVIEWS. THE CEO AND DIRECTOR OF HUMAN RESOURCES COMPARE WAGE AND SALARY LEVELS ANNUALLY TO INDUSTRY AVERAGES USING A TRADE ASSOCIATION SALARY SURVEY. A NEW BOARD COMMITTEE HAS BEEN FORMED TO DEAL WITH HUMAN RESOURCE ISSUES AND WILL BECOME INVOLVED IN SALARY DECISIONS FOR KEY EMPLOYEES. THE OCCURRENCE OF THEIR MEETING IS RECORDED IN THE MINUTES OF THE SUBSEQUENT MEETING OF THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G TEMPORARY PERSONNEL: PROGRAM SERVICE EXPENSES 56,824. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 56,824. CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,784,964. MANAGEMENT AND GENERAL EXPENSES 20,911. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,805,875. AMBULANCE SERVICES: PROGRAM SERVICE EXPENSES 3,827. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,827. BEAUTY/BARBER: PROGRAM SERVICE EXPENSES 92,184. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 92,184. LABORATORY AND RADIOLOGY: PROGRAM SERVICE EXPENSES 30,685. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,685. OCCUPATIONAL THERAPY: PROGRAM SERVICE EXPENSES 82,582. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,582. PHARMACY FEES: PROGRAM SERVICE EXPENSES 137,486. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 137,486. PHYSICAL AND SPEACH THERAPY: PROGRAM SERVICE EXPENSES 389,356. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 389,356. HOMESTEAD VILLAGE HOME CARE SERVICES LLC 1800 MARIETTA AVENUE LANCASTER PA 17603 272940494 PROVIDES HOME HEALTH CARE PA 65399 20473 HOMESTEAD VILLAGE INC CHARITABLE REMAINDER TRUST INVESTMENTS PA N/A 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0