2012-05-14T14:21:37-05:00 2011-06-30 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2010-07-01 231611427 LUTHERAN COMMUNITY AT TELFORD INC LUTH 2157239819 12 LUTHERAN HOME DRIVE TELFORD PA 18969 DAN MCKEE 2157239819 2012-05-11 1 MARY-ANN F SCHALLER 2154414600 2010 2016-02-24 21:20:13Z X DAN MCKEE 12 LUTHERAN HOME DRIVE TELFORD PA 18969 20350192 0 X LCTELFORD.ORG X 1992 PA TO PROVIDE HEALTHCARE SERVICES FOR LUTHERAN COMMUNITY OF TELFORD RETIREMENT COMMUNITY RESIDENTS. 15 15 304 155 0 0 431283 668241 15623632 16216600 330027 393907 191616 190207 16576558 17468955 0 0 0 0 8210464 8377629 17180 0 46593 7978876 7722279 16206520 16099908 370038 1369047 52110682 56827575 43933962 46711695 8176720 10115880 TO PROVIDE PROGRESSIVE LEVELS OF CARE INCLUDING PERSONAL CARE AND SKILLED NURSING IN A SECURE CHRISTIAN ENVIRONMENT. 0 0 6322179 7782744 HEALTHCARE IS PROVIDED BY SKILLED NURSING. THE CAPACITY FOR SKILLED NURSING IS 75 PEOPLE. 2056209 2103037 THE CAPACITY FOR PERSONAL CARE IS 57. HEALTHCARE IS PROVIDED BY PERSONAL CARE SERVICES. 5307651 6330819 INDEPENDENT LIVING IS PROVIDED THROUGH 202 APARTMENTS,38 COTTAGES, AND 10 DUPLEXES. 13686039 1 1 0 1 0 0 0 0 0 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 0 0 0 0 1 51 0 1 304 1 0 0 0 0 0 0 0 0 0 0 X 15 15 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 THOMAS CRAVEN X 0 0 0 STUART H FINE X 0 0 0 REVEREND JAMES HECKMAN X 0 0 0 MARGARET FITZGERALD X 0 0 0 ERIC MITMAN X 0 0 0 CLIFF NEBELONG X 0 0 0 LINDA GARCIA X 0 0 0 PAULA WILEY X 0 0 0 EVERETT WICK X 0 0 0 WILLIAM GROFF X 0 0 0 PHILIP C JACKSON X 0 0 0 BRENDAN MCGILL X 0 0 0 WILLIAM MORRAL X 0 0 0 JAMES HOVELAND X 0 0 0 REVEREND MUKESH CHEEDIE X 0 0 0 THERESA D KOLAZ 40.00 X 190582 0 22529 DANIEL J MCKEE 40.00 X 140779 0 15859 ELLEN SHRAGER 40.00 X 128488 0 14280 HELEN D DOWNEY 40.00 X 130222 0 3920 THOMAS ATKINS 40.00 X 111353 0 16233 701424 0 72821 5 0 1 0 E ALLEN REEVES INC 1143 OLD YORK RD ABINGTON PA 19001 BUILDER 2718589 CURA HOSPITALITY PO BOX 827276 PHILADELPHIA PA 19182 DIETARY/FOOD SERVICE MANAGEMENT 759505 SODEXHO SENIOR SERVICES 4880 PAYSPHERE CIRCLE CHICAGO IL 60674 DIETARY/FOOD SERVICE MANAGEMENT 600577 SUN DANCE REHABILITATION 6549 PAYSHERE CIRCLE CHICAGO IL 60674 THERAPY SERVICES 507130 GB BUILDERS 1010 PENNY ROAD GREEN LANE PA 18054 BUILDING CONTRACTOR 208044 8 50000 618241 668241 SKILLED NURSING 623990 7636365 7636365 INDEPENDENT LIVING 623990 6330819 6330819 PERSONAL CARE 623990 2103037 2103037 PHARMACY 900099 113379 113379 ADMISION FEES 900099 33000 33000 16216600 278792 278792 21204 3330 17874 17874 17874 2992330 2870929 6286 121401 -6286 115115 115115 50266 692 49574 49574 NON-RESIDENT MEALS 900099 53510 53510 INCONTINENT REVENUE 900099 20358 20358 GIFT SHOP REVENUE 900099 16684 16684 32207 32207 122759 17468955 16216600 0 584764 540653 101261 392799 46593 6599518 5595573 1003945 70127 70127 626520 471954 154566 540811 441484 99327 35822 35822 37339 37339 7500 7500 48220 48220 26101 26101 111649 111649 67205 67205 1043639 1043639 18789 18789 1183764 1183764 1690478 1690478 328342 145903 182439 OUTSIDE CONSULTANT & TH 716770 716770 FOOD 696221 696221 MAINTENANCE SERVICE & S 565394 565394 CONTRACTED SERVICES 459881 459881 SUPPLIES 342491 342491 342674 223726 118948 16099908 13686039 2367276 46593 3765417 3492076 342298 1796811 1416556 262132 262458 63992361 25194585 32509284 38797776 7977542 9489632 5799496 3026779 52110682 56827575 1433750 1422220 17516997 16547828 22250044 26280111 2733171 2461536 43933962 46711695 X 8176720 10115880 8176720 10115880 52110682 56827575 X 1369047 570113 X 0 1 1 X 0 X 245625 391234 413953 431283 668241 2150336 13546873 14562709 15517672 15668915 16266866 75563035 13792498 14953943 15931625 16100198 16935107 77713371 0 0 0 77713371 365073 535224 582756 390823 299996 2173872 365073 535224 582756 390823 299996 2173872 25713 55462 75287 124879 122759 404100 14183284 15544629 16589668 16615900 17357862 80291343 0.96790 0.96720 0.02710 0.02860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 7500 0 0 7500 0 3493889 3493889 60498472 25194585 35303887 38797776 COMMON STOCKS 1791382 F MUTUAL FUNDS 1975037 F CORPORATE BONDS 3717951 F US GOVT & AGENCY OBLIGATIONS 2005262 F 9489632 NET DEFERRED FINANCING COSTS 667461 ESCROW FUNDS 808383 DEBT SERVICE FUND 1516282 CONSTRUCTION FUNDS 34653 3026779 ESCROW FUND LIABILITIES 808383 DEPOSITS 165674 ACCRUED COMPENSATION 596885 FAIR VALUE OF INTEREST RATE SWAP 890594 2461536 17468955 16099908 1369047 562884 7229 570113 1939160 17994870 562884 562884 17431986 48220 -11251 36969 17468955 16055710 0 16055710 48220 -4022 44198 16099908 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: TELFORD FILES FEDERAL FORM 990 AND HAS NOT FILED 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 2008. 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: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP: 7,229 PART XII: LINE 4B: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP: -7,229 ADD BACK: RENTAL EXPENSES: -3,330 ADD BACK: DIRECT EXPENSES FOR SPECIAL EVENT -692 TOTAL: -11,251 PART XIII: LINE 4B: RENTAL: 3,330 SPECIAL EVENT 692 TOTAL: 4,022 PA CENTURY CLUB 44656 44656 BAZAAR 1119 1119 1 4491 4491 692 50266 50266 692 692 49574 1 X X 0 0 0 0 0 0 0 0 0 THERESA D KOLAZ 190582 0 0 0 0 0 5704 0 16825 0 213111 0 0 0 DANIEL J MCKEE 140779 0 0 0 0 0 4144 0 11715 0 156638 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 5797966 14484 2011 0 1 0 1 8955000 6791242 174311 2031349 20168 2011 0 1 0 1 13745000 120461 4395485 9229054 2012 0 0 0 1 0 1 1 0 1 0.01260 0.01260 1 0 1 1 0 1 0.01260 0.01260 1 0 0 1 0 1 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 GAINS ON INVESTMENTS: 562,884. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP. 7,229. TOTAL TO FORM 990, PART XI, LINE 5: 570,113. 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 50000 CASH