2013-05-13T15:09:36-05:00 2012-06-30 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2011-07-01 231611427 LUTHERAN COMMUNITY AT TELFORD INC LUTH 2157239819 12 LUTHERAN HOME DRIVE TELFORD PA 18969 DAN MCKEE 2157239819 2013-05-09 1 MARY-ANN F SCHALLER P00125034 2154414600 2011 2016-02-24 21:20:13Z DAN MCKEE 12 LUTHERAN HOME DRIVE TELFORD PA 18969 25930166 0 X LCTELFORD.ORG X 1992 PA TO PROVIDE HEALTHCARE SERVICES FOR LUTHERAN COMMUNITY OF TELFORD RETIREMENT COMMUNITY RESIDENTS. 16 16 383 177 0 0 668241 945554 16216600 17371228 393907 330313 190207 318338 17468955 18965433 0 0 0 0 8377629 9308835 0 0 46046 7722279 8444598 16099908 17753433 1369047 1212000 56827575 64482599 46711695 53628954 10115880 10853645 X TO PROVIDE PROGRESSIVE LEVELS OF CARE INCLUDING PERSONAL CARE AND SKILLED NURSING IN A SECURE CHRISTIAN ENVIRONMENT. 0 0 7160201 8210947 HEALTHCARE IS PROVIDED BY SKILLED NURSING. THE CAPACITY FOR SKILLED NURSING IS 75 PEOPLE. 2711201 2117974 THE CAPACITY FOR PERSONAL CARE IS 109. HEALTHCARE IS PROVIDED BY PERSONAL CARE SERVICES. 5203967 7042307 INDEPENDENT LIVING IS PROVIDED THROUGH 202 APARTMENTS,38 COTTAGES, AND 10 DUPLEXES. 0 75000 INCOME FROM JOINT VENTURE - LICENSED HOME HEALTH SERVICES, LICENSED HOME CARE SERVICES, OTHER HOME COMMUNITY BASED SERVICES FOR OLDER ADULTS WHO WISH TO REMAIN IN THEIR HOMES. 75000 15075369 1 1 0 1 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 440 0 1 383 1 0 0 0 0 0 0 0 0 0 0 X 16 16 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X DAN MCKEE 2157239819 12 LUTHERAN HOME DRIVE TELFORD PA 18969 BRENDAN MCGILL 0.00 X 0 0 0 CLIFF NEBELONG 0.00 X 0 0 0 DAVID ALBURGER 0.00 X 0 0 0 ERIC MITMAN 0.00 X 0 0 0 EVERETT WICK 0.00 X 0 0 0 JAMES HOVELAND 0.00 X 0 0 0 JOANNE FABIAN 0.00 X 0 0 0 LINDA GARCIA 0.00 X 0 0 0 MARGARET FITZGERALD 0.00 X 0 0 0 MARY ANN HIMMELSBACH 0.00 X 0 0 0 PHILIP C JACKSON 0.00 X 0 0 0 REV MUKESH CHEEDIE 0.00 X 0 0 0 REVEREND ROBERT MITMAN 0.00 X 0 0 0 STUART H FINE 0.00 X 0 0 0 WILLIAM GROFF 0.00 X 0 0 0 WILLIAM MORRAL 0.00 X 0 0 0 DANIEL J MCKEE 40.00 X 145702 0 17382 ELLEN SHRAGER 40.00 X 132401 0 13431 THERESA D KOLAZ 40.00 X 197725 0 23544 HELEN D DOWNEY 40.00 X 111418 0 9897 THOMAS ATKINS 40.00 X 115246 0 16139 702492 0 80393 5 0 1 0 E ALLEN REEVES INC 1143 OLD YORK RD ABINGTON PA 19001 BUILDER 10073307 CURA HOSPITALITY PO BOX 827276 PHILADELPHIA PA 19182 DIETARY/FOOD SERVICE MANAGEMENT 1175240 SUN DANCE REHABILITATION 6549 PAYSHERE CIRCLE CHICAGO IL 60674 THERAPY SERVICES 606944 GB BUILDERS 1010 PENNY ROAD GREEN LANE PA 18054 BUILDING CONTRACTOR 208468 REESE LOWER PATRICK & SCOTT LTD 1910 HARRINGTON DRIVE LANCASTER PA 17601 DIETARY/FOOD SERVICE MANAGEMENT 161519 13 250000 695554 945554 SKILLED NURSING 623990 8022445 8022445 INDEPENDENT LIVING 623990 7042307 7042307 PERSONAL CARE 623990 2117974 2117974 ADMISSION FEES 900099 111000 111000 PHARMACY 900099 77502 77502 17371228 282897 282897 15504 3431 12073 12073 12073 7008155 6960739 47416 47416 47416 32515 563 31952 31952 INCONTINENT REVENUE 900099 97641 97641 INCOME FROM JOINT VENT 900099 75000 75000 NON-RESIDENT MEALS 900099 57907 57907 43765 43765 274313 18965433 17446228 0 594249 534328 100198 388084 46046 7347739 6319624 1028115 92758 92758 759794 568973 190821 574216 467690 106526 92274 92274 40497 40497 27000 27000 54614 54614 51294 51294 115214 115214 70938 70938 70541 70541 826204 826204 9000 9000 1504657 1504657 2115083 2115083 354889 155005 199884 OUTSIDE CONSULTANT & TH 788526 788526 FOOD 765798 765798 MAINTENANCE SERVICE & S 500452 500452 CONTRACTED SERVICES 453365 453365 604252 509794 94458 17753433 15075369 2632018 46046 3492076 2116261 342298 827665 1416556 1361407 262458 260699 73684304 27309666 38797776 46374638 9489632 10122317 3026779 3419612 56827575 64482599 1422220 1368192 16547828 15697677 26280111 33282397 2461536 3280688 46711695 53628954 X 10115880 10466518 0 387127 10115880 10853645 56827575 64482599 X 1212000 -474235 X X 0 1 1 X 0 X 391234 413953 431283 668241 945554 2850265 14562709 15517672 15668915 16266866 17403743 79419905 14953943 15931625 16100198 16935107 18349297 82270170 0 0 0 82270170 535224 582756 390823 299996 298401 2107200 535224 582756 390823 299996 298401 2107200 55462 75287 124879 122759 274313 652700 15544629 16589668 16615900 17357862 18922011 85030070 0.96750 0.96790 0.02480 0.02710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 27000 0 0 27000 0 387127 387127 1.00000 0 0 3523420 3523420 70160884 27309666 42851218 46374638 COMMON STOCKS 1825027 F MUTUAL FUNDS 1890862 F CORPORATE BONDS 4444914 F US GOVT & AGENCY OBLIGATIONS 1626514 F INVESTMENT IN JOINT VENTURE 335000 F 10122317 NET DEFERRED FINANCING COSTS 642809 ESCROW FUNDS 1178960 DEBT SERVICE FUND 1597843 3419612 ESCROW FUND LIABILITIES 1178960 DEPOSITS 167480 ACCRUED COMPENSATION 690363 FAIR VALUE OF INTEREST RATE SWAP 1243885 3280688 18965433 17753433 1212000 -120944 -353291 -474235 737765 18867397 0 18867397 54614 43422 98036 18965433 18129632 426819 426819 17702813 54614 -3994 50620 17753433 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: TELFORD FILES FEDERAL FORM 990 AND IS NOT REQUIRED TO FILE FORM 990T. WITH FEW EXCEPTIONS, TELFORD IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009. IT IS DIFFICULT TO PREDICT THE FINAL TIMING AND RESOLUTION OF ANY PARTICULAR UNCERTAIN TAX POSITION. BASED ON THE ORGANIZATION'S ASSESSMENT OF MANY FACTORS, INCLUDING PAST EXPERIENCE AND COMPLEX JUDGMENTS ABOUT FUTURE EVENTS, THE ORGANIZATION DOES NOT CURRENTLY ANTICIPATE SIGNIFICANT CHANGES IN ITS UNCERTAIN TAX POSITIONS OVER THE NEXT 12 MONTHS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP. -353,291. PART XII, LINE 4B - OTHER ADJUSTMENTS: REALIZED GAIN 47,416. ADD BACK: DIRECT EXPENSES FOR FUNDRAISING EVENT -563. ADD BACK: RENTAL EXPENSES -3,431. PART XIII, LINE 2D - OTHER ADJUSTMENTS: NET REALIZED AND UNREALIZED LOSS 73,528. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 353,291. PART XIII, LINE 4B - OTHER ADJUSTMENTS: ADD BACK: DIRECT EXPENSES FOR FUNDRAISING EVENT -563. ADD BACK: RENTAL EXPENSES -3,431. CENTURY CLUB 28942 28942 FOUNDERS FAIR/STROLL INCOME 3573 3573 563 32515 32515 563 563 31952 1 X X 0 0 0 0 0 0 0 0 0 DANIEL J MCKEE 145577 0 125 0 0 0 4375 0 13007 0 163084 0 0 0 THERESA D KOLAZ 197600 0 125 0 0 0 6037 0 17507 0 221269 0 0 0 BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232174016 118612LMO 2007-11-15 13862556 REFI & NEW CONTRUCTION 0 0 0 BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232174016 118612LMO 2007-11-15 8955000 REFI & NEW CONTRUCTION 0 0 0 TELFORD INDUSTRIAL DEVELOPMENT AUTHORITY 232253252 2010-05-21 13745000 NEW CONTRUCTION 0 0 0 14000000 989803 6641530 259932 5812450 2011 0 1 0 1 8955000 6791242 174311 2051517 2011 0 1 0 1 13745000 120461 7065083 11898652 2012 0 0 0 1 0 1 1 1 0 0.01260 0.01260 1 0 1 1 1 0 0.01260 0.01260 1 0 0 1 1 0 1 0 0 0 0 0 1 0 1 1 CITIZEN'S BANK 10.000000000000 0 0 0 0 1 0 1 0 0 0 1 FORM 990, PART VI, SECTION A, LINE 2 ONE OF THE MEMBERS (THE GROUP OF 33)IS THE FATHER OF ERIC MITMAN, ONE OF THE LCT BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION SHALL BE 33 NATURAL PERSONS OF FULL AGE APPOINTED BY CERTAIN CONGREGATIONS. EACH CONGREGATION SHALL APPOINT TWO LAYPERSONS FROM ITS ACTIVE MEMBERSHIP AND ONE ORDAINED CLERGY UNDER CALL OR APPOINTED TO THE CONGREGATION AS MEMBERS OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS WILL BE ELECTED BY THE MEMBERS AT THE ANNUAL ORGANIZATIONAL MEETING OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B MEMBERS (THE GROUP OF 33) MUST APPROVE ANY LAND PURCHASE OR DEVELOPMENT PLAN AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT, AND REVIEWED BY THE PRESIDENT AND CFO BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL STATEMENTS ARE DISTRIBUTED AT BOARD MEETING AND COMPLETED BY BOARD MEMBERS BY THE NEXT BOARD MEETING. THE DISCLOSURES ARE REVIEWED BY THE CEO AND IF THERE ARE ISSUES THEY ARE DISCUSSED AT SUBSEQUENT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 AS OF THE 5/14/2009 BOARD MEETING, A COMPENSATION COMMITTEE WAS ESTABLISHED TO REVIEW EXECUTIVE SALARIES AS WELL AS OVERALL SALARY STRUCTURES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENT ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -120,944. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP. -353,291. TOTAL TO FORM 990, PART XI, LINE 5: -474,235. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DIDN'T MAKE ANY CHANGES IN ITS OVERSIGHT PROCESS DURING THE TAX YEAR. LUTHERAN COMMUNITY AT TELFORD FUND 12 LUTHERAN HOME DRIVE TELFORD PA 18969 232694179 FUNDRAISING ACTIVITIES FOR AFFILIATED NON-PROFIT ENTITIES PA 501(C)(3) LINE 11A, I 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 LUTHERAN COMMUNITY AT TELFORD FUND C 250000 CASH