2012-11-08T15:09:57-06:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 610 WGERMANTOWN PIKESTE 400 PLYMOUTH MTG PA 19462 990 2011-01-01 520607956 ASBURY ATLANTIC INC ASBU 3012164100 20030 CENTURY BOULEVARD NO 300 GERMANTOWN MD 208741112 KIM EHRENFRIED 3012164100 2012-11-08 1 BERNADETTE O'TOOLE CPA P00229258 2156433900 2011 2016-02-24 21:20:13Z DOUGLAS LEIDIG 20030 CENTURY BOULEVARD NO 300 GERMANTOWN MD 208741112 143050265 0 X WWW.ASBURYMETHODISTVILLAGE.ORG X 1945 MD CREATING SERVICES FOR SENIORS THAT ENHANCE THE VALUE OF THE ENTIRE SPAN OF LIFE. 15 11 1748 2745 8890 0 0 0 122174861 119838671 4119351 2012203 335202 -127758 126629414 121723116 0 0 0 0 52123549 48368670 0 0 0 70153019 69806017 122276568 118174687 4352846 3548429 382167264 383034603 436128068 450015332 -53960804 -66980729 CREATING SERVICES FOR SENIORS THAT ENHANCE THE VALUE OF THE ENTIRE SPAN OF LIFE. 0 0 39425726 46683844 SKILLED NURSING FACILITIES: OPERATION OF 3 SKILLED NURSING FACILITIES (SNF'S) FOR THE AGED WITH 434 TOTAL BEDS PROVIDING 142,616 DAYS OF SERVICE IN 2011. $7,088 OF BENEVOLENT CARE AND $9,035,772 OF CONTRACTUAL ALLOWANCES WERE PROVIDED TO RESIDENTS OF THE SNF'S IN 2011. 16768444 19855448 ASSISTED LIVING FACILITIES: OPERATION OF 3 ASSISTED LIVING FACILITIES FOR THE AGED WITH 266 TOTAL BEDS PROVIDING 94,607 RESIDENT DAYS IN 2011. $828,723 OF BENEVOLENT CARE WAS PROVIDED TO THE ASSISTED LIVING RESIDENTS IN 2011. 45291094 53299379 RESIDENTIAL LIVING: OPERATION OF 1,369 RESIDENTIAL LIVING UNITS FOR THE AGED, PROVIDING 450,285 DAYS OF SERVICE IN 2011. $247,147 OF BENEVOLENT CARE AND $48,575 OF CONTRACTUAL ALLOWANCES WERE PROVIDED TO RESIDENTIAL LIVING RESIDENTS DURING 2011. ALSO SUPPLIED HOMECARE/WELLNESS.SEE SCHEDULE O FOR COMMUNITY BENEFITS INFORMATION. 101485264 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 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 1 184 0 1748 1 1 1 0 0 0 0 0 0 0 0 0 X 15 11 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X X X MICHAEL CONNELL CFO 3012502028 20030 CENTURY BLVD SUITE 300 GERMANTOWN MD 20874 X JAMES SMELTZER 1.00 X X 0 0 0 ARTHUR ELGIN 1.00 X X 0 0 0 MARTHA CANFIELD 1.00 X 0 0 0 SARAH CATO 1.00 X 0 0 0 ANN GILLESPIE 1.00 X 0 0 0 DAVID LINGRELL 1.00 X 0 0 0 JAMES REIM 1.00 X 0 0 0 PHYLLIS SCHMITZ 1.00 X 0 0 0 GUFFIE SMITH 1.00 X 0 0 0 RICHARD STETLER 1.00 X 0 0 0 GEORGE A TJIATTAS 1.00 X 0 0 0 JOSEPH A TORCHIA 1.00 X 0 0 0 NORMA TYLER 1.00 X 0 0 0 P GARY WIENKEN 1.00 X 0 0 0 JULIAN TAVENNER 1.00 X 0 0 0 DOUGLAS LEIDIG 1.00 X X 0 370281 19212 ANDREW JOSEPH 1.00 X 0 195921 19895 MICHAEL CONNELL 1.00 X 0 299129 21712 SUE DACMARA 1.00 X 0 273568 16905 ANDREW APPLEGATE 1.00 X 0 179735 18974 SCOTT BUSHONG 1.00 X 0 187891 18541 DAVID DENTON 50.00 X 219477 0 21346 MELISSA HADLEY 50.00 X 199756 0 17437 JIM SCHNEIDER 50.00 X 157902 0 14267 ROBIN STERN 50.00 X 0 136999 16140 KIM EHRENFRIED 1.00 X 0 153655 18207 PEGGY CRESPI KAPLAN 1.00 X 0 300409 18905 HENRY MOEHRING 50.00 X 166716 0 17692 TONI WILSON 40.00 X 62113 0 9133 DEBBIE BARRIS 40.00 X 63163 0 11575 JANET DYKSTRA 40.00 X 119931 0 11092 DIANE EDWARDS 40.00 X 105790 0 8595 SUSAN BOETTGER 40.00 X 105354 0 15151 BRIAN GRUNDUSKY 40.00 X 115559 0 13146 HELENA FORD 40.00 X 100066 0 8499 1415827 2097588 316424 9 0 1 0 SODEXO INC & AFFILIATES PO BOX 536922 ATLANTA GA 30353 FOOD SERVICE 9844015 WAGMAN CONSTRUCTION INC 3290 SUSQUEHANNA TRAIL NORTH P YORK PA 17405 CONSTRUCTION SERVICES 4086687 FLAGSHIP REHABILITATION SERVICE 157 BALTIMORE STREET CUMBERLAND MD 21502 REHABILITATION SERVICE 2725743 TRADEMARK DESIGN & BUILD 18404 BRIGHT PLUME TERRACE BOYDS MD 20841 CONSTRUCTION SERVICES 971050 MCKESSON MEDICAL -SURGICAL MINNESOTA SUP PO BOX 45263 CINCINNATI OH 45263 MEDICAL SUPPLY SERVICES 661650 29 NET RESIDENT REVENUE 623312 78578622 78578622 MEDICARE/MEDICAID PAYM 623312 22076210 22076210 AMORTIZATION OF ENTRAN 623312 17832193 17832193 OTHER OPERATING REVENU 623312 1351646 1351646 119838671 1842918 1842918 329624 35199 294425 294425 8890 285535 21461235 18456520 2835430 3004715 -2835430 169285 169285 LOSS ON BOND REFUNDING 525990 -132549 -132549 LOSS FROM DISCONTINUED 525990 -289634 -289634 -422183 121723116 119838671 8890 1875555 960577 960577 38740053 36197621 2542432 919621 853974 65647 4847624 3475529 1372095 2900795 2629558 271237 4642842 4642842 161432 161432 90947 90947 7160692 6789573 371119 1052995 1052995 3694850 3209970 484880 2908254 10133 2898121 8402877 8015255 387622 102474 81043 21431 12026873 12026873 16770391 15930049 840342 660557 660557 FOOD 4672161 4671426 735 REPAIRS & MAINTENANCE 2412072 2383944 28128 MEDICAL SUPPLIES & PHAR 2005209 2005209 BAD DEBT 968112 968112 2073279 1184000 889279 118174687 101485264 16689423 0 7300305 12710228 50752662 39550698 5397501 4884806 4583400 10227454 224190 240695 1392709 1360345 437967943 182369889 253810356 255598054 31169470 28261833 1219409 406437 26317262 29794053 382167264 383034603 6230563 7593247 168392933 185670583 237724523 227279431 23780049 29472071 436128068 450015332 X -77345734 -90723417 409909 909588 22975021 22833100 -53960804 -66980729 382167264 383034603 X 3548429 -16568354 X X 0 1 1 X 0 X 1311453 1311453 105767735 112234707 117618903 122174861 119838671 577634877 107079188 112234707 117618903 122174861 119838671 578946330 0 0 0 578946330 2427229 1354413 848559 1242523 2172542 8045266 2427229 1354413 848559 1242523 2172542 8045266 109506417 113589120 118467462 123417384 122011213 586991596 0.98630 0.98470 0.01370 0.01530 X 22975021 -141921 22833100 21579531 1395490 22975021 20907045 672486 21579531 20934068 91702 118725 20907045 0.00000 1.00000 0.00000 0 1 1 134192 10424283 10558475 359749873 141334388 218415485 18122433 6979499 11142934 44287834 34056002 10231832 5249328 5249328 255598054 INT IN NET ASSETS OF AFFILIATE 16073723 DEFERRED COSTS 6155251 OTHER RECEIVABLE 148494 INTEREST RECEIVABLE 161589 DUE FROM RELATED PARTIES 287536 DUE TO ACOMM 6041344 DEPOSITS AND OTHER ASSETS 926116 29794053 VALUATION SWAP AGREEMENTS 23058559 REFUNDABLE FEES 3122207 OBLIGATION-DEFERRED GIVING 883846 PROJECTED REFUND OF ENTRANCE FEES 2271788 CAPITAL LEASES LIABILITY 135671 29472071 121723116 118174687 3548429 -4678382 -11889972 -16568354 -13019925 109526538 -4678382 -7518196 -12196578 121723116 0 121723116 118209886 35199 35199 118174687 0 118174687 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ENDOWNMENT FUND IS TO SUPPORT BENEVOLENT CARE DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ASBURY ATLANTIC MEMBERS ARE EACH EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC); ACCORDINGLY NO PROVISION FOR INCOME TAXES IS REQUIRED. ASBURY COMMUNITIES HAS IMPLEMENTED PROCESSES TO ENSURE COMPLIANCE WITH THE INTERNAL REVENUE SERVICE'S INTERMEDIATE SANCTIONS PROVISIONS FOR ALL ITS SUPPORTED ORGANIZATIONS, INCLUDING ASBURY ATLANTIC. THIS INCLUDES AN INDEPENDENT REVIEW BY THE COMPENSATION COMMITTEE OF THE BOARD OF ALL COMPENSATION ARRANGEMENTS WITH DISQUALIFIED PERSONS, RETENTION OF OUTSIDE COUNSEL AND OUTSIDE COMPENSATION CONSULTANTS TO PROVIDE INDEPENDENT THIRD-PARTY REVIEW AND ADVISEMENT, AND THE IMPLEMENTATION OF A DETAILED CONFLICT-OF-INTEREST POLICY AND ANNUAL DISCLOSURE PROCESS FOR ALL DISQUALIFIED PERSONS. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MUST BE RECOGNIZED ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE RESOLUTION. THE COMPANY IS NOT AWARE OF ANY TAX POSITIONS THAT WOULD HAVE A MATERIAL IMPACT ON THE COMPANY'S RESULTS OF OPERATIONS OR FINANCIAL POSITION. THE COMPANY'S INCOME TAX RETURN IS SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE TAX RETURNS FOR THE YEARS 2008 TO 2010 ARE OPEN TO EXAMINATION BY FEDERAL, LOCAL, AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: NET UNREALIZED GAIN ON DERIVATIVE INSTRUMENTS -7,938,000. CHANGE IN BENEFICIAL INTEREST OF FOUNDATION 426,357. CHANGE IN VALUE OF DFERRED GIVING -41,752. UNRELATED BUSINESS LOSS CAPITAL TRANSFER TO ACOMM -4,336,577. TOTAL TO SCHEDULE D, PART XI, LINE 8: -11,889,972. PART XII, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED LOSS OF CHANGE IN VALUE -7,938,000. CHANGE IN BENEFICIAL INTEREST IN ASBURY FOUNDATION ASSETS 426,357. CHANGE IN VALUE OF DEFERRED-GIVING ARRANGEMENTS -41,752. RENTAL EXPENSE 35,199. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNRELATED BUSINESS LOSS PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 35,199. X X X X X 1 0 0 0 0 0 0 0 0 DOUGLAS LEIDIG 0 339741 0 30000 0 540 0 7350 0 11862 0 389493 0 0 ANDREW JOSEPH 0 185521 0 10000 0 400 0 6110 0 13785 0 215816 0 0 MICHAEL CONNELL 0 273614 0 25000 0 515 0 7350 0 14362 0 320841 0 0 SUE DACMARA 0 246752 0 25000 0 1816 0 7350 0 9555 0 290473 0 0 ANDREW APPLEGATE 0 164291 0 15000 0 444 0 5612 0 13362 0 198709 0 0 SCOTT BUSHONG 0 180542 0 7000 0 349 0 5795 0 12746 0 206432 0 0 DAVID DENTON 203789 0 15000 0 688 0 6984 0 14362 0 240823 0 0 0 MELISSA HADLEY 183860 0 15000 0 896 0 6147 0 11290 0 217193 0 0 0 JIM SCHNEIDER 149202 0 7000 0 1700 0 4876 0 9391 0 172169 0 0 0 ROBIN STERN 0 129385 0 7000 0 614 0 4278 0 11862 0 153139 0 0 KIM EHRENFRIED 0 145843 0 7500 0 312 0 4922 0 13285 0 171862 0 0 PEGGY CRESPI KAPLAN 0 277087 0 20000 0 3322 0 7350 0 11555 0 319314 0 0 HENRY MOEHRING 155966 0 10000 0 750 0 5195 0 12497 0 184408 0 0 0 CITY OF GAITHERSBURG (MD) 526000792 363128BL2 2006-11-30 69840388 SERIES 2006A MD BONDS 0 0 0 CUMBERLAND COUNTY MUNICIPAL AUTHORITY (PA) 236003119 230614CH0 2006-10-27 112215000 SERIES 2006A PA BONDS 0 0 0 CITY OF GAITHERSBURG (MD) 526000792 363128BT5 2009-11-20 16000000 SERIES 2009A MD BONDS 0 0 0 CITY OF GAITHERSBURG (MD) 526000792 363128CB3 2009-12-16 17884081 SERIES 2009B MD BONDS 0 0 0 69840388 6631361 61820726 1388301 1 1 1 1 53340000 112215000 101838478 1353518 976141 8046863 1 1 1 1 16000000 320000 15680000 0 0 1 1 17878771 547430 16973764 357577 1 0 1 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 1 1 1 KBC BANK 2.100000000000 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 990 SCHEDULE K PART II COL B (2ND PAGE) CITY OF GAITHERSBURG (MD) - SERIES 2009 B MD BONDS THE DIFFERENCE BETWEEN TOTAL PROCEEDS OF ISSUE $17,878,771 ON LINE 3 IN PART II AND ISSUANCE PRICE $17,884,081 ON LINE A IN PART I IS THE BOND ISSUANCE DISCOUNT OF $5,310. CUMBERLAND COUNTY MUNICIPAL AUTHORITY (PA) - SERIES 2010 PA BONDS THE DIFFERENCE BETWEEN TOTAL PROCEEDS OF ISSUE $73,542,289 ON LINE 3 IN PART II AND ISSUANCE PRICE $74,630,000 ON LINE A IN PART I IS THE BOND ISSUANCE DISCOUNT OF $1,087,711. IN ADDITION, PROCEEDS USED FOR DEBT SERVICES IS $23,460. CUMBERLAND COUNTY MUNICIPAL AUTHORITY (PA) 236003119 230614FK0 2011-11-10 74630000 SERIES 2010 PA BONDS 0 0 0 73542289 6498922 65549062 1470845 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 FORM 990, PART III, LINE 4 ASBURY ATLANTIC CONTRIBUTES TIME, SPACE AND MANPOWER BACK TO THE GREATER COMMUNITY IN WHICH ITS CONTINUING CARE RETIREMENT COMMUNITIES ARE LOCATED. EACH CAMPUS DIVIDES ITS COMMUNITY BENEFIT ACTIVITIES INTO FOUR CATEGORIES: BENEVOLENT CARE, TRAINING THE NEXT GENERATION OF SENIOR LIVING PROFESSIONALS, SERVING THE BROADER COMMUNITY AND SENIOR SERVICES, AND GOING GREEN AND SUSTAINABLE DESIGN. ALL OF THE COMMUNITIES PROVIDE CHARITY CARE TO THOSE RESIDENTS WHOSE NEEDS EXCEED THEIR FUNDS, AND NO RESIDENT HAS EVER BEEN ASKED TO LEAVE AN ASBURY ATLANTIC COMMUNITY BECAUSE OF DEPLETED FUNDS THROUGH NO FAULT OF THEIR OWN. HIGHLIGHTS OF THIS YEAR'S COMMUNITY BENEFIT ACCOMPLISHMENTS AT EACH ASBURY ATLANTIC COMMUNITY INCLUDE THE FOLLOWING: ASBURY METHODIST VILLAGE IN THE AREA OF TRAINING FUTURE GENERATIONS OF CAREGIVERS, ASBURY METHODIST VILLAGE PASTOR MARTHA BROWN SUPERVISED A TWICE-WEEKLY INTERNSHIP FOR LOYOLA UNIVERSITY OF MARYLAND FROM JANUARY THROUGH APRIL WHERE A PASTORAL CARE STUDENT PROVIDED COUNSELING SERVICES FOR RESIDENTS. ASBURY METHODIST VILLAGE ALSO PROVIDED TRAINING, ROOM SPACE FOR EDUCATORS AND SERVED AS A TESTING SITE FOR MONTGOMERY COLLEGE'S CERTIFIED NURSING ASSISTANT, GERIATRIC NURSING ASSISTANT AND CERTIFIED MEDICINE AID PROGRAMS. IN AUGUST, THE CAMPUS PROVIDED CLINICAL CLASSROOM SPACE FOR MONTGOMERY COLLEGE'S CONTINUING EDUCATION PROGRAM FOR REGISTERED NURSES. IN ADDITION, THROUGHOUT THE YEAR, ASBURY METHODIST VILLAGE (AMV) SERVED AS A REGIONAL TESTING SITE FOR MARYLAND'S GERIATRIC NURSING ASSISTANT ASSESSMENT IN COLLABORATION WITH THE AMERICAN RED CROSS. THE CAMPUS ALSO DONATED SPACE FOR MANY EDUCATIONAL AND COMMUNITY SERVICES ORGANIZATIONS THROUGHOUT THE YEAR: IN APRIL, AMV DONATED SPACE TO THE PHYSICAL THERAPY DEPT. OF THE GEORGE WASHINGTON UNIVERSITY TO USE FOR TRAINING STUDENTS; IN MARCH, AMV DONATED SPACE TO HOLY CROSS HOSPITAL TO HOLD A 5-WEEK MEMORY ACADEMY WORKSHOP CREATE BY THE UCLA CENTER ON AGING; IN FEBRUARY, AMV DONATED SPACE TO THE AMERICAN RED CROSS TO HOLD A BLOOD DRIVE; AND FROM APRIL THROUGH DECEMBER, AMV DONATED SPACE FOR THE EPISCOPALIAN SOUPER SENIORS TO HOLD ITS MONTHLY PLANNING MEETINGS FOR A LOCAL FOOD BANK. AMV DONATED MEETING SPACE FOR MORE THAN 20 OTHER NON-PROFIT, COMMUNITY ORGANIZATIONS THROUGHOUT THE YEAR, AS WELL. THROUGHOUT THE YEAR, ASBURY METHODIST VILLAGE ALSO CONDUCTED SEVERAL ACTIVITIES THAT BENEFIT SENIOR-CARE SERVICES. FOR EXAMPLE, ON FIVE SEPARATE OCCASIONS IN 2011, THREE STAFF MEMBERS VOLUNTEERED AS SITE SURVEYORS FOR CARF-CCAC, A NATIONAL ACCREDITING ORGANIZATION FOR SENIOR-LIVING COMMUNITIES. IN FEBRUARY, AMV WORKED IN CONJUNCTION WITH SHADY GROVE ADVENTIST HOSPITAL TO HOST A DIABETES NAVIGATION EDUCATIONAL PROGRAM FOR THE GREATER COMMUNITY, AND IN JUNE, AMV'S PASTORAL CARE DIRECTOR HOSTED A SELF-CARE WORKSHOP FOR DC-METRO CAREGIVERS. IN AUGUST, AN AMV STAFF MEMBER WHO SERVES AS A BOARD DIRECTOR FOR LIFE SPAN BEACON INSTITUTE, DONATED CAMPUS SPACE AND TWO DAYS OF HER TIME TO TEACH AN ASSISTED LIVING CASE MANAGERS/DELEGATING NURSE COURSE. THIS SAME STAFF MEMBER ALSO SERVES ON TWO TASK FORCES DEVOTED TO SENIOR SERVICES. IN JANUARY, SHE PARTICIPATED IN A MEETING FOR THE MARYLAND ASSISTED LIVING TASK FORCE AND, IN APRIL, IN A MEETING FOR THE MONTGOMERY COUNTY DEPT. OF AGING'S ELDER ABUSE AWARENESS AND PREVENTION TASK FORCE. IN JUNE, AMV HOSTED THE MONTGOMERY COUNTY WORLD ELDER ABUSE AWARENESS DAY ON CAMPUS. TO BENEFIT THE COMMUNITY AT LARGE, AMV HELD MANY FOOD DRIVES THROUGHOUT THE YEAR, DONATING OVER 3,000 POUNDS OF FOOD TO LOCAL SOUP KITCHEN GAITHERSBURG HELP. FROM DECEMBER 2010 THROUGH FEBRUARY 2012, AMV ALSO HELD A FOOD DRIVE BENEFITTING MANNA FOOD BANK, AND IT CONTINUES TO PARTNER WITH MANNA FOR ITS SMART SNACKS PROGRAM, BAGGING AFTER-SCHOOL MEALS FOR NEEDY STUDENTS AT LOCAL ELEMENTARY SCHOOLS. IN THE AREA OF ENVIRONMENTAL SUSTAINABILITY, AMV ASSOCIATES PARTICIPATED IN THE ADOPT-A-ROAD PROGRAM, AND IN MAY AND JUNE SPENT TWO AFTERNOONS CLEANING UP A SECTION OF AN AREA HIGHWAY. BETHANY VILLAGE IN THE AREA OF TRAINING THE NEXT GENERATION OF PROFESSIONALS, THE FOLLOWING OCCURRED. IN JANUARY, JOB SHADOWING OPPORTUNITIES WERE PROVIDED BY DIETARY STAFF AT BETHANY VILLAGE FOR A CLIENT OF LIVING UNLIMITED, WHICH SERVES PEOPLE WITH DISABILITIES. IN FEBRUARY, BETHANY VILLAGE HOSTED A GROUP OF MENTAL HEALTHCARE PROFESSIONALS FROM CLAREMONT NURSING HOME, THORNWALD MANOR, CUMBERLAND/PERRY MENTAL HEALTH/MENTAL RETARDATION FOR AN IN-SERVICE TITLED "PSYCHOSOCIAL ASPECTS OF CARE FOR NURSING ASSISTANTS/DIRECT CARE WORKERS." FOR FOUR MONTHS, INTERNSHIP SUPERVISION WAS PROVIDED FOR SOCIAL WORK STUDENTS FROM MESSIAH COLLEGE. IN ADDITION, SUCH SERVICES WERE PROVIDED TO A MASTER'S LEVEL STUDENT AT SHIPPENSBURG UNIVERSITY SCHOOL OF SOCIAL WORK DURING THREE SEPARATE MONTHS. IN THE AREA OF SUPPORTING THE COMMUNITY AND SENIOR SERVICES, BETHANY VILLAGE CONTINUED ITS COMMITMENT TO THOSE AFFECTED BY ALZHEIMER'S DISEASE BY HOSTING MONTHLY SUPPORT GROUPS FOR FAMILY MEMBERS OF THOSE WITH ALZHEIMER'S AND RAISING MORE THAN APPROXIMATELY $5,500 FOR THE ALZHEIMER'S ASSOCIATION BY HOSTING ITS OWN FUNDRAISING WALK ON BETHANY'S CAMPUS. IN JANUARY AND FEBRUARY, BETHANY'S WELLNESS CENTER HOSTED SIX AQUATIC GAIT AND BALANCE CLASSES IN THE COMMUNITY POOL FOR AREA CITIZENS AFFECTED BY PARKINSON'S DISEASE, STROKE OR OTHER CHALLENGES. IN ADDITION, BETHANY VILLAGE HOSTED AND FACILITATED THREE SUPPORT GROUP MEETINGS FOR AREA CITIZENS PROVIDING CARE FOR PEOPLE WITH DEMENTIA. IN DECEMBER, STAFF MEMBERS ASSISTED WITH CHRISTMAS PRESENT OUTREACH PROGRAM RUN BY HOME INSTEAD, INC. BETHANY VILLAGE ALSO DONATED MEETING SPACE FOR MANY COMMUNITY GROUPS INCLUDING BUT NOT LIMITED TO, HOME INSTEAD, INC., MECHANICSBURG CHAMBER OF COMMERCE, AND THE OYSTER MILL PLAYHOUSE. THROUGHOUT THE YEAR, MEDICAL EQUIPMENT WAS DONATED TO THE UNITED CEREBRAL PALSY CHANGING HANDS PROGRAM AND CLOTHING COLLECTION DRIVES WERE HELD FOR VOLUNTEERS OF AMERICA FOR AREA THRIFT STORES DURING THREE SEPARATE MONTHS. IN ADDITION, IN APRIL AND MAY, A FOOD DRIVE WAS HELD FOR NEW HOPE MINISTRIES FOOD BANK, WHICH BROUGHT IN OVER 500 POUNDS OF FOOD. BETHANY VILLAGE ALSO DONATED THE USE OF TWO PARKING LOTS AND ASSISTED WITH SET UP FOR A BASEBALL FUNDRAISER HELD BY BIG BROTHER, BIG SISTER OF CAPITAL REGION AND DONATED ITEMS FOR A FUNDRAISER FOR A SILENT AUCTION BENEFITTING THE CHRIST LUTHERAN MEDICAL/DENTAL MINISTRY ON ALLISON HILL. AND FINALLY, IN THE AREA OF ENVIRONMENTAL SUSTAINABILITY, BETHANY VILLAGE LAUNCHED A COMMUNITY-WIDE RECYCLING PROGRAM INVOLVING THE DAILY COLLECTION OF PAPER, GLASS, METAL AND PLASTIC THROUGHOUT THE YEAR. SPRINGHILL HIGHLIGHTS OF THIS YEAR'S COMMUNITY BENEFIT ACCOMPLISHMENTS INCLUDE THE FOLLOWING ITEMS. SPRINGHILL STAFF PROVIDED SUPERVISION IN CLINICAL TRAINING FOR NURSE AIDES WITH HEALTHCARE VENTURES ALLIANCE AND MERCYHURST NORTHEAST CAMPUS. IN JUNE, THE COMMUNITY HOSTED A DEMENTIA EDUCATION AND CERTIFICATION TRAINING PROGRAM THROUGH THE NATIONAL COUNCIL OF CERTIFIED DEMENTIA PRACTITIONERS, AND IN SEPTEMBER, TWO SPRINGHILL STAFF MEMBERS PROVIDED A TOUR AND INFORMATIONAL SESSION ON SENIOR LIVING AND SENIOR NEEDS TO STAFF MEMBERS FROM GANNON UNIVERSITY. IN THE AREA OF SUPPORTING THE LOCAL COMMUNITY AND SENIOR SERVICES, SPRINGHILL PROVIDED SUPPORT SERVICES FOR THE ALZHEIMER'S ASSOCIATION'S HAT BRUNCH FUNDRAISER, AND HOSTED AND FACILITATED 10 SUPPORT GROUP MEETINGS FOR AREA CITIZENS PROVIDING CARE FOR PEOPLE WITH DEMENTIA THROUGHOUT THE YEAR. SPRINGHILL'S ASSOCIATE DIRECTOR PROVIDED PLANNING LEADERSHIP FOR THE AREA CHAPTER OF THE ALZHEIMER'S ASSOCIATION'S WALK TO END ALZHEIMER'S THROUGHOUT THE YEAR, AND DURING THE SEPTEMBER WALK, THE COMMUNITY RAISED OVER $8,000 FOR THE CAUSE. IN ADDITION, SPRINGHILL STAFF MEMBERS PARTICIPATED IN FUNDRAISING EFFORTS FOR THE RELAY FOR LIFE AND THE AUTISM SOCIETY'S ANNUAL WALK. IN SEPTEMBER, SPRINGHILL DONATED $250 OF MEDICAL SUPPLIES AND EQUIPMENT TO CHOSEN, INC. STAFF MEMBERS PROVIDED LEADERSHIP SERVICES FOR SEVERAL COMMUNITY ORGANIZATIONS, INCLUDING THE DIRECTORS OF NURSING GROUP AND THE ERIE CENTER ON HEALTH AND AGING, THE "LIGHT THE NIGHT WALK" FUNDRAISER FOR THE LEUKEMIA AND LYMPHOMA SOCIETY, WQLN PUBLIC BROADCASTING STATION, AND A NETWORKING GROUP DEVOTED TO PERSONAL CARE WORKERS. IN ADDITION, MEETING SPACE WAS DONATED FOR THE LEADINGAGEPA LEGISLATIVE BREAKFAST MEETING AND THE FIRST ALLIANCE CHURCH GRIEF SHARING PROGRAM. CONTRIBUTIONS TO THE LOCAL ENVIRONMENT INCLUDED CLEANUP EFFORTS ON A STRETCH OF HIGHWAY THROUGH THE ADOPT-A-HIGHWAY PROGRAM. IN MARCH, ASSOCIATES PREPARED FOOD FOR CLIENTS OF THE ERIE CITY MISSION, AND IN SEPTEMBER, PROVIDED AND PREPARED LUNCH FOR APPROXIMATELY 400 PEOPLE AT THAT LOCATION. IN DECEMBER, SPRINGHILL LAUNCHED ITS SEASON OF CARING CAMPAIGN FOR THE MISSION, COLLECTING PERSONAL CARE ITEMS, PROVIDING AND DECORATING MORE THAN 600 BAGS OF CHRISTMAS COOKIES, AND FINALLY, PROVIDING AND PREPARING A CHRISTMAS DINNER AND CELEBRATION FOR THE AREA'S NEEDY POPULATION. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS CAN ACT IN PLACE OF THE BOARD BETWEEN MEETINGS. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 1 WE REPORTED 11 INDEPENDENT VOTING MEMBERS OF THE GOVERNING BODY. THE NON-INDEPENDENT BOARD MEMBERS CONSIST OF ONE EMPLOYEE OF ASBURY, ONE RESIDENT OF BETHANY VILLAGE, ONE RESIDENT OF SOLOMONS, AND ONE RESIDENT OF ASBURY METHODIST VILLAGE. FORM 990, PART VI, SECTION A, LINE 4 THERE WERE BYLAW CHANGE MADE IN 2011. INSTEAD OF APPOINTING ONLY A CHAIR TO PRESIDE OVER THE BOARD MEETINGS, BOTH A CHAIR AND VICE CHAIRMAN WILL NOW BE APPOINTED. DUTIES FORMERLY HELD BY THE INVESTMENT COMMITTEE ARE NOW HELD BY THE FINANCE COMMITTEE. THERE IS NO LONGER A SYSTEM COMMITTEE KNOWN AS THE INVESTMENT COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 ASBURY ATLANTIC HAS ONE MEMBER. THE SOLE MEMBER IS ASBURY COMMUNITIES, INC. FORM 990, PART VI, SECTION A, LINE 7A ASBURY COMMUNITIES, INC IS THE SOLE MEMBER OF ASBURY ATLANTIC AND ELECTS THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B ONLY CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO ASBURY COMMUNITY INC'S APPROVAL. THESE DECISIONS INCLUDE: (1) MANAGEMENT SERVICES RELATIONSHIPS AND CONTRACTS; (2) ANY ORGANIZATIONAL CHANGE IN GENERAL, INCLUDING MERGERS, SALES, LEASES, ETC, OF SUBSTANTIALLY ALL OF THE ASSETS AND THE CREATION OF NEW ENTITIES; (3) AMENDMENTS TO MISSION OR VISION STATEMENTS; (4) AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 ASBURY COMMUNITIES IS THE SOLE MEMBER OF ASBURY ATLANTIC, ASBURY SOLOMONS, ASBURY COMMUNITIES HCBS AND INVERNESS VILLAGE, AN OKLAHOMA NOT FOR PROFIT CORPORATION. ASBURY COMMUNITIES HAS A SYSTEM WIDE AUDIT COMMITTEE. THE ASBURY ATLANTIC BOARD OF DIRECTORS HAS DELEGATED A REVIEW OF THE FORM 990 TO THE SYSTEM AUDIT COMMITTEE. IN ADDITION, THE FORM HAS BEEN POSTED ON THE ASBURY ATLANTIC BOARD OF DIRECTORS' INTRANET SITE, AND IS AVAILABLE FOR REVIEW BY ALL DIRECTORS. ALL DIRECTORS MAY POSE QUESTIONS OR ASK FOR CLARIFICATION FROM THE STAFF AUDIT COMMITTEE. ANY BOARD MEMBER INTEREST IN ATTENDING HTE AUDIT COMMITTEE MEETING VIA TELECONFERENCE IS INVITED TO DO SO AND WILL BE PROVIDED A DIAL-IN NUMBER. FORM 990, PART VI, SECTION B, LINE 12C THE ASBURY COMMUNITIES CONFLICT OF INTEREST POLICY WAS APPROVED BY THE BOARD OF DIRECTORS. THE ASSISTANT GENERAL COUNSEL IS GENERALLY RESPONSIBLE FOR THE POLICY PROCESS. ALL THE ENTITIES WITHIN THE ASBURY COMMUNITIES GROUP ARE SUBJECT TO THE POLICY. ANNUALLY, THE COMPLIANCE OFFICER CONDUCTS A COMPREHENSIVE CONFLICT DISCLOSURE PROCESS COVERING ALL MEMBERS OF THE GOVERNING BOARDS, SYSTEM WIDE COMMITTEES, AND INDIVIDUALS IN MANAGEMENT POSITIONS. EACH PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM AND IS ADVISED OF THEIR FIDUCIARY OBLIGATIONS. THE COMPLIANCE OFFICER ANALYZES ALL DISCLOSURE FORMS FOR POTENTIAL CONFLICTS, AND PREPARES A REPORT FOR THE SYSTEM-WIDE AUDIT COMMITTEE. A SUMMARY IS THEN PRESENTED TO THE BOARD OF DIRECTORS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE SYSTEM WIDE COMPENSATION COMMITTEE MEETS WITH THE INDEPENDENT COMPENSATION CONSULTANT, AND BASED ON INFORMATION PROVIDED TO THE COMMITTEE MAKES RECOMMENDATIONS REGARDING COMPENSATION AND BENEFITS TO THE EXECUTIVE COMMITTEE WHICH IS CHARGED WITH MAKING DECISIONS REGARDING COMPENSATION. THE FULL BOARD(S) OF ASBURY COMMUNITIES AND ASBURY ATLANTIC EACH HAVE A PRESENTATION ONCE EACH YEAR ON EXECUTIVE COMPENSATION AND BENEFITS. THE CHIEF PEOPLE OFFICER IS PRESENT TO GIVE BOARD MEMBERS AN OPPURTUNITY TO ASK QUESTIONS AND TO PROVIDE SALARIES AND GRADE LEVELS FOR THEIR REVIEW. THE SYSTEM WIDE COMPENSATION COMMITTEE IS COMPOSED OF 5 VOTING MEMBERS, THE CHIEF PEOPLE OFFICER (NON-VOTING), A RETAINED ATTORNEY (NON-VOTING; RECORDS PROCEEDINGS IN MINUTES), AND IS ADVISED BY TOWERS WATSON (A COMPENSATION CONSULTING FIRM). THE SYSTEM WIDE COMPENSATION COMMITTEE HOLDS 4 MEETINGS EACH YEAR (JAN, MARCH, JULY, AND NOV). IN THE NOVEMBER MEETING THEY REVIEW TOWERS WATSON DATA AND REPORTS IN ORDER TO MAKE RECOMMENDATIONS REGARDING SALARIES AND BENEFITS. THE EXECUTIVE COMMITTEE OF ASBURY COMMUNITIES ULTIMATELY REVIEWS/APPROVES/ AND OR ADJUSTS RECOMMENDATIONS FROM THE SYSTEM WIDE COMPENSATION COMMITTEE AND SETS COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS ARE AVAILABLE IN THE RESIDENT LIBRARIES. THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON OUR WEBSITE. FORM 990, PART VII, SECTION A THE OFFICERS THAT HAVE COMPENSATION FROM RELATED ORGANIZATIONS REPORTED IN PART VII, SECTION A, COLUMN E OF THE FORM 990 PROVIDE EXECUTIVE MANAGEMENT SUPPORT AND OVERALL GUIDANCE TO ASBURY ATLANTIC, INC. AS WELL AS THE OTHER RELATED ORGANIZATIONS OF ASBURY COMMUNITIES, INC. THERE ARE OVER 1,900 TOTAL EMPLOYEES IN THE ASBURY COMMUNITIES, INC. SYSTEM. THE 2011 CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR ASBURY COMMUNITIES, INC. HAD TOTAL REVENUES OF $171.8 MILLION AND TOTAL ASSETS IN EXCESS OF $542 MILLION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -4,678,382. NET UNREALIZED GAIN ON DERIVATIVE INSTRUMENTS -7,938,000. CHANGE IN BENEFICIAL INTEREST OF FOUNDATION 426,357. CHANGE IN VALUE OF DFERRED GIVING -41,752. UNRELATED BUSINESS LOSS CAPITAL TRANSFER TO ACOMM -4,336,577. TOTAL TO FORM 990, PART XI, LINE 5: -16,568,354. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS NOT MADE ANY CHANGES TO ITS OVERSIGHT OR SELECTION PROCESS FROM THE PRIOR YEAR. SCHEDULE K - ALLOCATION OF TOTAL PROCEEDS OF ISSUE (SERIES 2009B MD BONDS) FORM 990, SCHEDULE K, PART II THE PROCEEDS OF THE SERIES 2009B MD BONDS (CUSIP #363128CB3) ISSUED BY THE CITY OF GAITHERSBURG (MD) WERE ALLOCATED BETWEEN 2 ENTITIES: ASBURY ATLANTIC, INC. (EIN 52-0607956) AND ASBURY SOLOMONS, INC. (EIN 52-1862675). THE TOTAL PROCEEDS FROM THE ISSUE OF THE SERIES 2009B MD BONDS IS $43,806,989 (NET OF ISSUANCE DISCOUNT OF $13,011) AND IS ALLOCATED AS FOLLOWS: ASBURY ATLANTIC, INC. $17,878,771 ASBURY SOLOMONS, INC. $25,928,218 FORM 990, PART IV, LINE 28C MORGAN STANLEY SMITH BARNEY SERVES AS INVESTMENT ADVISORS TO THE ASBURY COMMUNITIES, INC. 401(K) PLAN. THE "GROUP" AT MORGAN STANLEY WHICH IS SERVING AS THE INVESTMENT ADVISOR IS HEADED BY A FORMER ASBURY COMMUNITIES BOARD MEMBER AND A CURRENT MEMBER OF THE FINANCE COMMITTEE. ALSO IN THE GROUP IS THE VICE CHAIR OF THE ASBURY ATLANTIC BOARD OF DIRECTORS. THE GROUP WAS SELECTED THROUGH A COMPETITIVE BID AND INTERVIEW PROCESS. ASBURY COMMUNITIES INC 20030 CENTURY BLVD GERMANTOWN MD 20874 521862677 MANAGEMENT SERVICES MD 501(C)(3) 11 N/A 0 ASBURY FOUNDATION INC 20030 CENTURY BLVD SUITE 300 GERMANTOWN MD 20874 521862674 RAISING FUNDS FOR CHARITY CARE MD 501(C)(3) 11 N/A 0 THE ASBURY GROUP INC 20030 CENTURY BLVD GERMANTOWN MD 20874 205038820 TECH & MGT SERVICE DE ASBURY COMMUNITIES INC C 0 0 0 1 0 0 0 0 1 0 0 1 0 0 1 0 1 0