2013-10-15T14:38:28-05:00 2012-12-31 232932984 PARENTEBEARD LLC 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2012-01-01 231547587 PHILADELPHIA PRESBYTERY HOMES INC PHIL 6108341001 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 CYNTHIA E HOFFMAN 6108341001 2013-10-15 1 JULIUS GREEN CPA P00350393 2159720701 2012 2016-03-07 17:11:31Z CYNTHIA E HOFFMAN 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 71369969 0 X WWW.PRESBYSINSPIREDLIFE.ORG X 1955 PA CREATIVELY MEETS THE NEEDS OF SENIORS IN A RANGE OF ECONOMIC CIRCUMSTANCES IN THE PHILA. AREA. 14 14 856 350 0 0 2869169 2489955 58943980 58513834 2176475 3633068 268179 287668 64257803 64924525 917676 1024482 0 0 27552491 28132071 0 0 312572 33293514 35617385 61763681 64773938 2494122 150587 218924322 232343405 155667437 164783644 63256885 67559761 X WE HONOR LIFE IN ALL ITS FULLNESS AND SEEK TO REFLECT GOD'S LOVE IN ALL WE DO. WE COMMIT TO CREATIVELY MEETING THE NEEDS OF OLDER ADULTS IN A WIDE RANGE OF ECONOMIC CIRCUMSTANCES. WE CULTIVATE EXCELLENCE IN OUR RESIDENTIAL AND SUPPORTIVE CARE COMMUNITIES AND PROGRAMS. WE CELEBRATE DIVERSITY AND PROMOTE THE HEALTH OF BODY, MIND AND SPIRIT AMONG RESIDENTS AND STAFF. 0 0 54330670 1024482 57087836 THE ORGANIZATION OFFERS A FULL SPECTRUM OF SENIOR LIVING OPTIONS - INDEPENDENT LIVING (IL), PERSONAL CARE (PC), AND SKILLED NURSING CARE (SN), THROUGH ANY OF OUR FOUR COMMUNITIES. THE ORGANIZATION ALSO PROVIDES FINANCIAL ASSISTANCE TO PERSONS WHO MEET CERTAIN CRITERIA. TOTAL FINANCIAL ASSISTANCE PROVIDED FOR THE YEAR ENDED DECEMBER 31, 2012 WAS $4,416,483. THIS INCLUDES $1,019,544 OF ASSISTANCE TO RESIDENTS WHO HAVE OUTLIVED THEIR FUNDING SOURCES AS REPORTED ON SCHEDULE I. THE REMAINING FINANCIAL ASSISTANCE IS THE COST OF PROVIDING CARE TO RESIDENTS WHO ARE MEDICAL ASSISTANCE PROGRAM BENEFICIARIES IN EXCESS OF CONTRACTUAL REIMBURSEMENT. TOTAL AVAILABLE UNITS WERE: IL-476, PC-212, AND SN-260, WITH ACTUAL OCCUPANCY BEING: IL-383, PC-190, AND SN-242. 1425998 THE ORGANIZATION ALSO PROVIDES MANAGEMENT AND OPERATIONAL SERVICES TO QUALITY RESIDENTIAL LIVING ENVIRONMENTS FOR PEOPLE OF LIMITED ECONOMIC RESOURCES FOR BOTH OWNED AND MANAGED COMMUNITIES. TOTAL AFFORDABLE HOUSING UNITS AVAILABLE AT DECEMBER 31, 2012 WERE 1,979 WITH TOTAL OCCUPIED OF 1,950. 54330670 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 121 0 1 856 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X DIANNA WINTERS 6108341001 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 HARRY G DITTMANN 0.70 0.30 X X 0 0 0 ALAN GRIFFITH 0.70 0.30 X X 0 0 0 REV RANDY BARGE 0.70 0.30 X 0 0 0 BRUCE L CASTOR ESQ 0.70 0.30 X 0 0 0 WALTER M KUBIAK 0.70 0.30 X 0 0 0 REV DONALD LINCOLN 0.70 0.30 X 0 0 0 FRANCIS E MALONEY 0.70 0.30 X 0 0 0 EDWARD E MCFALLS 0.70 0.30 X 0 0 0 KENNETH MCKEOWN 0.70 0.30 X 0 0 0 G ROBERT OVERHISER JR 0.70 0.30 X 0 0 0 JULIE D PFAFF ESQ 0.70 0.30 X 0 0 0 ROBERT N REEVES JR 0.70 0.30 X 0 0 0 HENRIETTA ROBERTS 0.70 0.30 X 0 0 0 REV PAUL S STAVRAKOS 0.70 0.30 X 0 0 0 WILLIAM G YOUNG JR 0.70 0.30 X 0 0 0 JUDEE M BAVARIA 34.00 16.00 X 410849 0 68202 CYNTHIA E HOFFMAN 34.00 16.00 X 279654 0 37524 JAMES ADAMOWICZ 34.00 16.00 X 187768 0 8168 SHARELL SHIPPEN 27.00 13.00 X 38063 0 6947 MARY KENDER 34.00 16.00 X 204693 0 2884 JENNIFER S KAPPEN 34.00 16.00 X 179917 0 22045 RAYMOND J POLASKI 34.00 16.00 X 178007 0 21966 MICHAEL HENEGHAN 50.00 0.00 X 152620 0 6209 MICHELLE BRYK 40.00 10.00 X 144388 0 17148 1775959 0 191093 15 0 1 0 WHITING TURNER 300 EAST JOPPA ROAD BALTIMORE MD 21286 CONSTRUCTION SERVICES 7316743 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA GA 30368 DINING SERVICES 6257633 GENESIS REHABILITATION SERVICES PO BOX 7247-6524 PHILADELPHIA PA 19170 THERAPY SERVICES 2321854 HORST CONSTRUCTION 320 GRANITE RUN DRIVE LANCASTER PA 17604 CONSTRUCTION SERVICES 1482844 MILLENNIUM PHARMACY SYSTEMS INC PO BOX 823441 PHILADELPHIA PA 19182 PHARMACY SERVICES 1326990 37 1043601 1446354 30428 2489955 RESIDENT SERVICE FEES 623000 51897388 51897388 AMORT OF ENTRANCE FEES 623000 5190448 5190448 MANAGEMENT FEES 561000 1425998 1425998 58513834 1413880 1413880 52854 6854 46000 46000 46000 8657778 6438590 2219188 2219188 2219188 GUEST MEALS/RENTAL 722210 87657 87657 RESIDENT LOUNGE REVENUE 900099 40477 40477 OTHER RESIDENT REVENUE 900099 33364 33364 80170 80170 241668 64924525 58513834 0 3920736 X 4938 4938 1019544 1019544 999991 999991 21943655 17170679 4567661 205315 657133 515450 139568 2115 2887049 2477356 391109 18584 1644243 1262221 367206 14816 171177 171177 126156 126156 12089770 11127845 920261 41664 227303 54 227249 425379 145390 268432 11557 794748 4619 790129 3514476 3506791 7685 132152 42302 86807 3043 34157 6508 26474 1175 3566040 3273743 292297 7608884 7456288 152596 1544313 1425687 118626 SUPPLIES AND MATERIALS 3467922 3164383 296981 6558 BAD DEBT EXPENSE 1024856 1024856 MEDICAID BED ASSESSMENT 509698 509698 FEES & DUES 133988 64532 67736 1720 246366 127786 112555 6025 64773938 54330670 10130696 312572 4950 5450 9132128 11173605 1761887 1787562 5955635 4761528 648821 705770 225893204 90038316 128829044 135854888 64209884 68868170 614479 8381973 8571953 218924322 232343405 7967074 7177205 27912221 27009149 39021168 38317678 41095450 47589764 39671524 44689848 155667437 164783644 X 44800000 49697672 15145004 14412446 3311881 3449643 63256885 67559761 218924322 232343405 X 150587 4724570 -572281 X X 0 1 X 1 0 X 4095140 3294802 1644167 2876949 2489955 14401013 52809831 58013555 59315346 58943980 58513834 287596546 56904971 61308357 60959513 61820929 61003789 301997559 2123100 12114 1024358 13440 3173012 0 2123100 12114 1024358 13440 3173012 298824547 829550 914615 1011715 964514 1466734 5187128 829550 914615 1011715 964514 1466734 5187128 795501 1166477 249386 275326 241668 2728358 58530022 63389449 62220614 63060769 62712191 309913045 0.96420 0.95530 0.01670 0.01980 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: PROCESSING FEES CAFETERIA CATERING INCOME LAUNDRY REVENUE MISCELLANEOUS REVENUE GUEST RENTAL INSURANCE REIMBURSEMENT REAL ESTATE TAX RESERVE ADJUSTMENT RESIDENT UNIT UPGRADES VENDING INCOME GUEST MEALS TELEPHONE CABLE CHARGES COST REPORT REFUND FORGIVENESS OF DEBT CLASS ACTION PAYMENTS ESCROW RELEASE FUNDRAISING EVENTS LOCKER RENTAL RESIDENT LOUNGE REVENUE APARTMENT RENOVATIONS MEDICAL RECORDS COPYING POSTAGE MISCELLANEOUS SERVICES REFUNDS OTHER RESIDENT SERVICES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18456885 984728 2166387 3745911 17862089 18140155 1916109 -455305 1144074 18456885 17171969 563004 1639445 1234263 18140155 7859259 1876433 3063346 -4372931 17171969 11389946 491517 -3240113 782091 7859259 0.19310 0.80690 0 0 14716936 14716936 175675018 72570069 103104949 226526 58257 168269 27233770 17409990 9823780 8040954 8040954 135854888 DEPOSITS 531448 REFUNDABLE FEES 26012703 ACCRUED WORKERS COMPENSATION 926931 DUE TO AFFILITES 174225 ACCRUED RETIREMENT EXPENSE 682380 DEFERRED COMPENSATION 251366 LOAN PAYABLE-AFFILIATES 16110795 44689848 X 68059186 4724570 -1596763 3127807 64931379 -6854 -6854 64924525 63756310 6854 6854 63749456 1024482 1024482 64773938 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ASSIST THE NEEDIEST OF RESIDENTS AND MOST VULNERABLE MEMBERS OF OUR COMMUNITIES WITH FINANCIAL ASSISTANCE, OFFER UPDATED MEDICAL EQUIPMENT, AND OFFER ENHANCED COMFORT TO THE RESIDENTS' SURROUNDINGS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CORPORATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2011 AND 2012. THE CORPORATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS FOR THE YEARS PRIOR TO 2009 ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: VALUATION GAIN, BENFICIAL INTEREST IN PERPETUAL TRUSTS 137,762. FINANCIAL ASSISTANCE NETTED WITH REVENUE ON FINANCIAL STATEMENTS -1,019,544. LOSS ON WRITEOFF OF ASSETS -710,043. TRANSFER TO AFFILIATES NETTED WITH REVENUE ON FINANCIAL STATEMENTS -4,938. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -6,854. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 6,854. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED WITH REVENUE ON FINANCIAL STATEMENTS 1,019,544. TRANSFER TO AFFILIATES NETTED WITH REVENUE ON FINANCIAL STATEMENTS 4,938. 1 SEE PART IV 42 1019544 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: PHILADELPHIA PRESBYTERY HOMES, INC. PROVIDES ASSISTANCE TO RESIDENTS AT ROSEMONT PRESBYTERIAN VILLAGE, RYDAL PARK AND SPRING MILL PRESBYTERIAN VILLAGE (BASED ON THEIR CONTRACT TYPE AND THE AVAILABILITY OF FUNDS) WHO HAVE OUTLIVED THEIR FUNDING SOURCES BASED ON A FINANCIAL ASSISTANCE APPLICATION PROCESS. THE APPLICATION PROCESS INCLUDES A REVIEW OF THEIR ORIGINAL FINANCIAL APPLICATION COMPLETED AT MOVE-IN TO THE COMMUNITY, THEIR TAX RETURNS, BANK STATEMENTS, ASSETS AND OTHER PERTINENT INFORMATION. RESIDENTS CAN BE DENIED FINANCIAL ASSISTANCE IF RESIDENTS HAVE NOT PRUDENTLY UTILIZED THEIR FUNDS. PART III, COLUMN (A): FINANCIAL ASSISTANCE TO RESIDENTS WHO HAVE OUTLIVED THEIR FUNDING SOURCES. FINANCIAL ASSISTANCE PAYS THE DIFFERENCE BETWEEN THE MONTHLY FEES AND THE RESIDENT'S INCOME STREAM (SOCIAL SECURITY, PENSION, AND OTHER SOURCES OF INCOME). X X X X 1 1 0 0 0 0 0 0 0 JUDEE M BAVARIA 329987 0 65300 0 15562 0 54532 0 13670 0 479051 0 0 0 CYNTHIA E HOFFMAN 220748 0 43680 0 15226 0 24339 0 13185 0 317178 0 0 0 JAMES ADAMOWICZ 162960 0 0 0 24808 0 0 0 8168 0 195936 0 0 0 MARY KENDER 122193 0 0 0 82500 0 0 0 2884 0 207577 0 0 0 JENNIFER S KAPPEN 164560 0 15357 0 0 0 8228 0 13817 0 201962 0 0 0 RAYMOND J POLASKI 163613 0 14394 0 0 0 8181 0 13785 0 199973 0 0 0 MICHAEL HENEGHAN 139295 0 13325 0 0 0 5407 0 802 0 158829 0 0 0 MICHELLE BRYK 131388 0 13000 0 0 0 10894 0 6254 0 161536 0 0 0 PART I, LINES 4A-B LINE 4A: THE FOLLOWING INDIVIDUALS RECEIVED SEVERANCE PAYMENTS IN 2012: 1) EXECUTIVE VP & COO/SECRETARY JAMES ADAMOWICZ LEFT EMPLOYMENT ON NOVEMBER 21, 2012. IN CONSIDERATION FOR RELEASING PHILADELPHIA PRESBYTERY HOMES, INC. OF ANY AND ALL CLAIMS, HE RECEIVED A SEVERANCE PACKAGE TOTALING $55,600 PLUS BENEFITS OF $3,969. HE WAS PAID $13,440 OF THIS SEVERANCE PACKAGE IN 2012, WITH THE BALANCE PAID IN 2013. 2) SENIOR VP OF OPERATIONS MARY KENDER LEFT EMPLOYMENT ON JUNE 4, 2012. IN CONSIDERATION FOR RELEASING PHILADELPHIA PRESBYTERY HOMES, INC. OF ANY AND ALL CLAIMS, SHE RECEIVED A SEVERANCE PAYMENT OF $82,500 REPRESENTING 26 WEEKS OF SALARY. LINE 4B: THE PRESIDENT & CEO, EXECUTIVE VP/CFO AND VP OF HUMAN RESOURCES PARTICIPATE IN A NONQUALIFIED DEFERRED COMPENSATION PLAN WHICH PROVIDES SELECT EXECUTIVES WITH THE OPPORTUNITY TO MAKE VOLUNTARY DEFERRALS OR TO RECEIVE TAX DEFERRED CONTRIBUTIONS FROM PHILADELPHIA PRESBYTERY HOMES, INC. NO AMOUNTS WERE VESTED OR PAID TO THESE INDIVIDUALS IN 2012. A MONTGOMERY COUNTY DEVELOPMENT AUTHORITY 232245125 613609ZC3 2010-12-22 40320000 REFINANCING OF EXISTING DEBT, FUND CAPITAL IMPROVEMENTS, AND CONSTRUCTION 0 0 0 A 30775000 40320000 3245356 904299 5000000 1 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 1 0 0 A 0 1 0 0 0 0 0 0 0 A 1 SCHEDULE K, PART I, COLUMN (C) CUSIP NUMBER THE BOND LISTED IN ITEM A HAS VARIOUS CUSIP NUMBERS AS FOLLOWS: 613609ZC3 613609ZD1 613609ZE9 613609ZF6 613609ZG4 613609ZH2 613609ZJ8 613609ZK5 613609ZL3 613609ZM1 613609ZR0 613609ZN9 613609ZQ2 613609ZP4 PART III, LINE 9 AND PART IV, LINE 7 PHILADELPHIA PRESBYTERY HOMES, INC. ("PPH") FOLLOWS THE REQUIREMENTS UNDER REGULATION SECTIONS 1.141-12 AND 1.145-2 AND SECTION 148 RELATIVE TO ITS TAX-EXEMPT BONDS. HOWEVER, PPH DOES NOT HAVE A FORMAL WRITTEN POLICY IN PLACE REGARDING THESE PROCEDURES. IT IS CURRENTLY WORKING WITH LEGAL COUNSEL TO DRAFT WRITTEN POLICIES. X REMODELED APARTMENT 1 30428 FMV 0 0 1 0 METHOD FOR DETERMINING NUMBER OF CONTRIBUTORS: PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS REPORTED REPRESENTS THE NUMBER OF INDIVIDUAL DONORS. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990. THE FORM 990 IS THEN SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FINALIZING AND FILING THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES OF THE ORGANIZATION ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST VIA COMPLETION OF A CONFLICTS FORM. THOSE INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY AND ALL ONGOING ISSUES THAT ARISE DURING THE COURSE OF THE YEAR. SIGNED CONFLICT OF INTEREST STATEMENTS ARE GIVEN TO THE BOARD AND REVIEWED AND MAINTAINED BY THE ORGANIZATION'S COMPLIANCE OFFICER. ANY INDIVIDUAL WITH A CONFLICT OF INTEREST MUST ABSTAIN FROM VOTING ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING HAS AN EXECUTIVE COMPENSATION PROGRAM DEVELOPED BY MEMBERS OF THE EXECUTIVE COMPENSATION COMMITTEE WHICH IS COMPRISED OF BOARD MEMBERS. THE COMMITTEE CONTRACTS WITH MERCER ANNUALLY TO CONDUCT MARKET STUDIES WHICH ARE USED TO ENSURE THAT SALARIES OF KEY EMPLOYEES ARE COMMENSURATE WITH SIMILARLY SIZED SENIOR LIVING ORGANIZATIONS. THE COMPENSATION PROGRAM HAS BEEN DEVELOPED TO COMPLY WITH ALL REGULATORY AND STATUTORY REQUIREMENTS AFFECTING EXECUTIVE COMPENSATION IN A NOT-FOR-PROFIT CONTEXT. ALL COMPENSATION RECOMMENDATIONS AND PROGRAM DESIGN ELEMENTS FOR THE EXECUTIVES AND KEY EMPLOYEES ARE REVIEWED BY MERCER AND THE EXECUTIVE COMPENSATION COMMITTEE TO ENSURE FULL COMPLIANCE WITH THESE REQUIREMENTS. THE EXECUTIVE COMPENSATION COMMITTEE IS COMPRISED OF INDEPENDENT PERSONS, AND DECISIONS OF THE COMMITTEE ARE DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 NO DOCUMENTS ARE AVAILABLE TO THE PUBLIC. OTHER FEES FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: FUNDRAISING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 80. FUNDRAISING EXPENSES 1,594. TOTAL EXPENSES 1,674. CONTRACTED SERVICES: OTHER PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 1,043,101. MANAGEMENT AND GENERAL EXPENSES 444,831. FUNDRAISING EXPENSES 21,847. TOTAL EXPENSES 1,509,779. CONTRACTED SERVICES: CALL TO CARE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 115. FUNDRAISING EXPENSES 18,223. TOTAL EXPENSES 18,338. CONTRACTED SERVICES: BOARD DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 9,980. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,980. CONTRACTED SERVICES: COLLECTION & BILLING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 30,433. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 30,433. CONTRACTED SERVICES: CONSULTANTS: PROGRAM SERVICE EXPENSES 72,092. MANAGEMENT AND GENERAL EXPENSES 153,440. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 225,532. CONTRACTED SERVICES: ANNUAL REPORT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,566. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,566. CONTRACTED SERVICES: DIRECT MARKETING MAILING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 172,285. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 172,285. CONTRACTED SERVICES: MEDICAL DIRECTOR: PROGRAM SERVICE EXPENSES 120,928. MANAGEMENT AND GENERAL EXPENSES 28,042. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 148,970. CONTRACTED SERVICES: PROMOTIONAL: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 5,913. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,913. CONTRACTED SERVICES: RESPIRATORY SERVICES: PROGRAM SERVICE EXPENSES 102,388. MANAGEMENT AND GENERAL EXPENSES 1,586. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 103,974. CONTRACTED SERVICES: TEMPORARY HELP: PROGRAM SERVICE EXPENSES 42,395. MANAGEMENT AND GENERAL EXPENSES 50,990. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,385. CONTRACTED SERVICES: AMBULANCE: PROGRAM SERVICE EXPENSES 59,573. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,573. CONTRACTED SERVICES: BARBER/BEAUTY: PROGRAM SERVICE EXPENSES 185,758. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 185,758. CONTRACTED SERVICES: BUILDING & GROUNDS: PROGRAM SERVICE EXPENSES 540,570. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 540,570. CONTRACTED SERVICES: THERAPY: PROGRAM SERVICE EXPENSES 2,484,780. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,484,780. CONTRACTED SERVICES: LAB: PROGRAM SERVICE EXPENSES 80,728. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,728. CONTRACTED SERVICES: DINING: PROGRAM SERVICE EXPENSES 6,320,482. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,320,482. CONTRACTED SERVICES: PHYSICIAN: PROGRAM SERVICE EXPENSES 75,050. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,050. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: VALUATION GAIN, BENEFICIAL INTEREST IN PERPETUAL TRUSTS 137,762. LOSS ON WRITEOFF OF ASSETS -710,043. SEPARATE, INDEPENDENT AUDITED FINANCIAL STATEMENTS FORM 990, PART IV, LINE 12A & PART XII, LINE 2B INDEPENDENT AUDITORS AUDITED THE CONSOLIDATED BALANCE SHEET OF PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING AND SUBSIDIARIES AS OF DECEMBER 31, 2012, AND THE RELATED CONSOLIDATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS AND CASH FLOWS FOR THE YEAR THEN ENDED. PHILADELPHIA PRESBYTERY HOMES, INC. WAS INCLUDED IN THESE CONSOLIDATED AUDITED FINANCIAL STATEMENTS. INDEPENDENT AUDITORS ALSO AUDITED THE BALANCE SHEET OF PHILADELPHIA PRESBYTERY HOMES, INC. AS OF DECEMBER 31, 2012, AND THE RELATED STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS AND CASH FLOWS FOR THE YEAR THEN ENDED. ALTHOUGH A SEPARATE, AUDITED FINANCIAL STATEMENT WAS NOT ISSUED, THESE STATEMENTS WERE DISCRETELY PRESENTED IN THE CONSOLIDATING FINANCIAL STATEMENT SCHEDULES. PRESBYTERIAN HOME AT 58TH STREET 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 231352513 NURSING SERVICES TO ELDERLY RESIDENTS PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PRESBYTERIAN APARTMENTS AT 58TH STREET INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232605582 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 OLD CITY PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232778769 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 TIOGA PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232763902 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PHILADELPHIA PRESBYTERY APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232081651 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PHILADELPHIA PRESBYTERY APARTMENTS OF MORRISVILLE INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 222466663 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 GERMANTOWN INTERFAITH HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232211053 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 SOUTHWEST PHILADELPHIA PRESBYTERY APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232700459 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 BALA PRESBYTERIAN HOME FOUNDATION 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232834398 FUNDRAISING & SUPPORT PA 501(C)(3) LINE 11B, II PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 SOUTH PHILADELPHIA PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 460477271 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 GREENWAY PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 861063722 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 AVENUE OF THE ARTS PRESBYTERIAN-PSC APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233027613 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 MAKEMIE AT WHITELAND 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 208523793 DEVELOPMENT STAGE CONTINUING CARE RETIREMENT COMMUNITY PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 MANTUA PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 205006775 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 7 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 SOUTHWEST PHILADELPHIA NEIGHBORHOOD RENEWAL PROGRAM 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233066741 INACTIVE PA 501(C)(3) PF PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PRESBYSERVICES 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233000326 MASTER PAYROLL COMPANY PA 501(C)(3) LINE 11B, II PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232828862 PARENT ENTITY PA 501(C)(3) LINE 9 N/A 0 GRACE COURT INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232299928 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PHILADELPHIA PRESBYTERY HOMES WC TRUST 985 OLD EAGLE SCHOOL RD WAYNE PA 19087 237816031 WORKERS COMPENSATION TRUST PA 501(C)(3) LINE 9 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 BENSALEM SENIOR APARTMENTS LP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233015495 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A RIVERSIDE SENIOR APARTMENTS LP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 204952357 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A PRESBYHOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233015067 INVESTMENT PA N/A C 0 PRESBY RIVERSIDE HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 204893872 INVESTMENT PA N/A C 0 PRESBY HOMES DEVELOPMENT CORP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 203999872 INACTIVE PA N/A C 0 WYNNEFIELD HOUSING CORPORATION 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 455084607 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A C 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0