2015-05-07T15:46:28-05:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2014-01-01 232366563 NEW HERITAGE TOWERS NEWH 2153540565 101 E COUNTY LINE ROAD NO 200 HATBORO PA 19040 DEWAYNE MCMULLIN CFO 2153543183 2015-05-06 1 MATTHEW CLAEYS CPA P00025339 2156433900 2014 2016-02-25 16:41:14Z WESLEY ENHANCED LIVING DOYLESTOWN JEFF PETTY 101 E COUNTY LINE ROAD NO 200 HATBORO PA 19040 17902310 0 3423 X WWW.WEL.ORG X 1984 PA THE ORGANIZATION OPERATES A RETIREMENT COMMUNITY, PERSONAL CARE AND NURSING FACILITY. 3 0 298 25 0 0 110 177304 14425710 14364939 739792 574993 161786 103148 15327398 15220384 2334809 68823 0 0 7229827 7484694 0 0 0 6379658 7036533 15944294 14590050 -616896 630334 35102309 35342594 29352938 29462399 5749371 5880195 TO MAKE A COMPELLING DIFFERENCE IN THE LIVES OF OUR RESIDENTS THROUGH PROVIDING EXCELLENCE AND INNOVATION IN AGING SERVICES. 0 0 10416814 68823 14364939 THE ORGANIZATION OPERATES A RETIREMENT COMMUNITY, PERSONAL CARE AND NURSING FACILITY CONSISTING OF 219 APARTMENTS AND A 60 BED HEALTH CENTER. AGING SERVICES - TO PROMOTE THE GENERAL HEALTH, WELFARE, AND SECURITY OF THE ELDERLY; AND TO PLAN FOR AND DEVELOP NEW PROGRAMS AND SERVICES TO MEET THE SOCIAL, HEALTH AND PERSONAL NEEDS OF THE ELDERLY. 10416814 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 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 86 0 298 1 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X JEFF PETTY 2153543199 101 E COUNTY LINE ROAD SUITE 200 HATBORO PA 19040 KEN FRANIAK COO 1.00 45.00 X X 0 237375 11287 JEFF PETTY PRESIDENT AND CEO 1.00 46.00 X X 0 384433 13291 STEVE CHERRY EXECUTIVE DIRECTOR 40.00 0.00 X X 0 157086 4404 0 778894 28982 0 0 1 0 MCBRICK BUILDING GROUP 112 EDISON FURLONG RD DOYLESTOWN PA 18901 CONSTRUCTION 215762 1 177304 177304 HEALTH CENTER 623990 5769428 5769428 INDEPENDENT LIVING 623990 4332769 4332769 ENTRY FEE AMORTIZATION 623990 2708581 2708581 PERSONAL CARE 623990 1479493 1479493 ASSESSMENT REVENUE 623990 74668 74668 14364939 413277 413277 2843642 2681926 161716 161716 161716 DINING REVENUE 623990 68083 68083 35065 35065 103148 15220384 14364939 0 678141 68823 68823 6029982 5365764 664218 194805 161610 33195 738478 494922 243556 521429 401632 119797 1806033 1806033 211280 211280 25183 25183 414163 368003 46160 198216 198216 754172 581400 172772 881851 695378 186473 18623 3847 14776 530178 424142 106036 1064414 851531 212883 71915 71915 FOOD 718517 718517 REPAIRS & MANINTENANCE 201268 201268 BARBER & BEAUTY 76307 76307 BAD DEBT EXPENSE 59067 59067 5346 3670 1676 14590050 10416814 4173236 0 219204 1338934 1600110 481595 459235 206672 202073 36910017 22203684 14916801 14706333 7136662 7615874 11021645 10539765 35102309 35342594 1556108 1691372 13123238 13002565 421835 408550 12844338 12419338 1407419 1940574 29352938 29462399 X 5744046 5880195 5325 0 5749371 5880195 35102309 35342594 X 630334 -68959 -430551 X 0 1 X 1 0 X 6535 12320 10382 110 177304 206651 13254229 13821154 14612922 14425710 14364939 70478954 13260764 13833474 14623304 14425820 14542243 70685605 0 0 0 70685605 197883 198347 189710 255356 413277 1254573 197883 198347 189710 255356 413277 1254573 222654 255922 250102 161786 103148 993612 13681301 14287743 15063116 14842962 15058668 72933790 0.96920 0.97050 0.01720 0.01450 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 963078 963078 26200044 13922204 12277840 9399830 7934415 1465415 347065 347065 0 14706333 DEFERRED FINANCING 595542 DUE FROM AFFILIATES 8860013 DEBT SERVICE FUND DEPOSITS 1076337 CASH HELD FOR RESIDENTS 7873 10539765 LIABILITY UNDER INTEREST RATE SWAP AGREEMENT 1260755 ENTRANCE FEE DEPOSITS 679819 1940574 X 14652051 -68959 -499374 -568333 15220384 0 15220384 14521227 0 14521227 68823 68823 14590050 PART IV, LINE 2B: DEPOSITS INCLUDE SECURITY DEPOSITS, PRIORITY DEPOSITS, AND ENTRANCE FEE DEPOSITS RECEIVED FROM RESIDENTS. NO INTEREST ACCRUES ON THESE DEPOSITS, AND THEY ARE REFUNDABLE LESS ANY EXPENSES INCURRED ON BEHALF OF THE RESIDENT. PART X, LINE 2: NEW HERITAGE TOWERS DOING BUSINESS AS WESLEY ENHANCED LIVING AT DOYLESTOWN HAS BEEN RECOGNIZED AS AN EXEMPT ORGANIZATION AS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION FOLLOWS THE PROVISIONS OF THE INCOME TAX STANDARD, WHICH DIRECTS THE RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THE INCOME TAX STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE TAX RETURNS FOR THE YEARS 2011 TO 2013 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -430,551. RESIDENT ASSISTANCE NETTED WITH REV ON FS -68,823. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESIDENT ASSISTANCE NETTED WITH REV ON FS 68,823. 1 MONTHLY FEE ASSISTANCE FOR INDEPENDENT OR ASSISTED LIVING RESIDENTS 3 68823 N/A PART I, LINE 2: GRANT ASSISTANCE FOR RESIDENTS OF INDEPENDENT OR ASSISTED LIVING ARE MADE BASED ON DEMONSTRATED FINANCIAL NEED. MANAGEMENT OF EVANGELICAL SERVICES FOR THE AGING REVIEWS THE SPECIFIC SITUATIONS FOR EACH RESIDENT WHO IS REQUESTING ASSISTANCE. MANAGEMENT MAKES THE DETERMINATION BASED ON THE INDIVIDUAL FINANCIAL NEEDS OF THE RESIDENTS. 0 1 0 0 0 0 0 0 0 KEN FRANIAK COO 0 210297 0 9584 0 17494 0 6247 0 5040 0 248662 0 0 JEFF PETTY PRESIDENT AND CEO 0 335836 0 31097 0 17500 0 8080 0 5211 0 397724 0 0 STEVE CHERRY EXECUTIVE DIRECTOR 0 150404 0 6682 0 0 0 4404 0 0 0 161490 0 0 PART I, LINE 3 COMPENSATION FOR THE CEO AND ITS DIRECT REPORTS IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF WESLEY ENHANCED LIVING (RELATED ORGANIZATION). COMPENSATION STUDIES ARE DONE PERIODICALLY BY AN OUTSIDE COMPENSATION CONSULTANT TO DETERMINE COMPENSATION, USING COMPARATIVE INDEPENDENT DATA. THE CEO IS THE ONLY EMPLOYEE WHO HAS AN EMPLOYMENT CONTRACT. FOR OTHER EMPLOYEES, COMPENSATION REVIEWS ARE COMPLETED INTERNALLY COMPARING COMPENSATION DATA AVAILABLE THROUGH PANPHA AND OTHER BENCHMARKS. THE LAST COMPENSATION COMPARISON WAS IN 2014. PART I, LINE 4B JEFF PETTY $17,500 KEN FRANIAK $17,494 A THE BOROUGH OF LANGHORNE MANOR HIGHER EDUCATION AND HEALTH AUTHORITY 232581246 515742AB0 2005-09-01 13420000 FINANCE CONSTRUCTION PROJECTS 0 0 0 A 1000662 13420000 1156097 255280 560620 4687672 7131428 2008 1 0 1 1 A 0 0 0 0 0 0 1 A 1 1 1 WELLS FARGO 27.200000000000 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 6 EVANGELICAL SERVICES FOR THE AGING IS A MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A EVANGELICAL SERVICES FOR THE AGING APPOINTS THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE BOARD OF DIRECTORS OF EVANGELICAL SERVICES FOR THE AGING. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND PRESENTED TO THE FULL BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND KEY STAFF ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY TO REVIEW DURING THE JANUARY BOARD MEETING. THE POLICY OUTLINES THE GUIDING PRINCIPALS OF THE POLICY AND DISCLOSURE REQUIREMENTS AND PROCEDURES FOR DEALING WITH CONFLICTS OF INTEREST. IN ADDITION, BOARD MEMBERS AND KEY STAFF ARE REQUIRED TO COMPLETE ANNUAL CONFLICTS OF INTEREST AND DISCLOSURE OF RELATED ACTIVITIES STATEMENTS. "RELATED" INDIVIDUALS SHALL NOT BE PLACED IN WEL THROUGH EMPLOYMENT, TRANSFER, OR PROMOTION WHEN SUCH PLACEMENT WILL RESULT IN ONE SUPERVISING ANOTHER AND/OR HAVING THE RESPONSIBILITY TO MAKE OR PARTICIPATE ACTIVELY IN MAKING DECISIONS REGARDING A "RELATED" EMPLOYEE'S EMPLOYMENT STATUS. PERSONS WHO HAVE CONFLICTS WITH THE CONFLICT OF INTEREST POLICY WILL BE REVIEWED ON A CASE BY CASE BASIS AND WILL ABSTAIN FROM BOTH DISCUSSION AND VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. REQUESTS FOR THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE CONSIDERED ON A CASE BY CASE BASIS. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT -430,551. EVANGELICAL SERVICES FOR THE AGING C/O 101 E COUNTY LINE ROAD SUITE 20 HATBORO PA 19040 232648022 OPERATE A CCRC PA 501C(3) 11 N/A 0 EVANGELICAL MANOR C/O 101 E COUNTY LINE ROAD SUITE 20 HATBORO PA 19040 230563550 OPERATE A CCRC PA 501C(3) 9 EVANGELICAL SERVICES FOR THE AGING 0 NORTH AMERICAN BAPTIST HOME FOR THE AGED C/O 101 E COUNTY LINE ROAD SUITE 20 HATBORO PA 19040 231401533 OPERATE A CCRC PA 501C(3) 9 EVANGELICAL SERVICES FOR THE AGING 0 MAPLE VILLAGE C/O 101 E COUNTY LINE ROAD SUITE 20 HATBORO PA 19040 232810902 OPERATE A CCRC PA 501C(3) 9 EVANGELICAL SERVICES FOR THE AGING 0 WESLEY ENHANCED LIVING AT CHESTNUT HILL MANOR C/O 101 E COUNTY LINE ROAD SUITE 20 HATBORO PA 19040 260760001 OPERATE A CCRC PA 501C(3) 9 EVANGELICAL SERVICES FOR THE AGING 0 EVANGELICAL SERVICES FOR THE AGING FOUNDATION C/O 101 E COUNTY LINE ROAD SUITE 20 HATBORO PA 19040 231971878 FUNDRAISING ARM OF EVANGELICAL SERVICES FOR THE AGING PA 501C(3) 11 EVANGELICAL SERVICES FOR THE AGING 0 STAPELEY HALL C/O 101 E COUNTY LINE ROAD SUITE 20 HATBORO PA 19040 232145152 OPERATE A CCRC PA 501C(3) 9 EVANGELICAL SERVICES FOR THE AGING 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1