2012-10-15T09:14:52-05:00 2011-12-31 232932984 PARENTEBEARD LLC 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2011-01-01 231547587 PHILADELPHIA PRESBYTERY HOMES INC PHIL 6108341001 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 CYNTHIA E HOFFMAN 6108341001 2012-10-15 1 JULIUS GREEN CPA P00350393 2159720701 2011 2016-02-24 21:20:13Z CYNTHIA E HOFFMAN 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 70225449 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 13 822 280 0 0 1644167 2869169 59315346 58943980 1805881 2176475 270129 268179 63035523 64257803 921350 917676 0 0 26441733 27552491 0 0 269421 32135796 33293514 59498879 61763681 3536644 2494122 210893410 218924322 132577137 155667437 78316273 63256885 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 51217713 917676 57587304 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, 2011 WAS $4,756,562. THIS INCLUDES $843,111 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-481, PC-218, AND SN-265, WITH ACTUAL OCCUPANCY BEING: IL-399, PC-196, AND SN-244. 1356676 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, 2011 WERE 1,901 WITH TOTAL OCCUPIED OF 1,872. 51217713 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 126 0 1 822 1 0 0 0 0 0 1 1 0 0 0 0 X 14 13 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 X REV PAUL S STAVRAKOS 0.40 X X 0 0 0 HARRY G DITTMANN 0.40 X X 0 0 0 REV RANDY BARGE 0.40 X 0 0 0 BRUCE L CASTOR ESQ 0.40 X 0 0 0 ALAN GRIFFITH 0.40 X 0 0 0 WALTER M KUBIAK 0.40 X 0 0 0 ROSEMARY KUHLMAN 0.40 X 0 0 0 KENNETH MCKEOWN 0.40 X 0 0 0 REV DONALD LINCOLN 0.40 X 0 0 0 FRANCIS E MALONEY 0.40 X 0 0 0 EDWARD E MCFALLS 0.40 X 0 0 0 G ROBERT OVERHISER JR 0.40 X 0 0 0 JULIE D PFAFF ESQ 0.40 X 0 0 0 ROBERT N REEVES JR 0.40 X 0 0 0 WILLIAM G YOUNG JR 0.40 X 0 0 0 JUDEE M BAVARIA 31.00 X 424984 0 59919 CYNTHIA E HOFFMAN 31.00 X 285380 0 44900 GARRY D HENNIS 31.00 X 216340 0 10366 MARY KENDER 31.00 X 179350 0 19657 SHARELL SHIPPEN 20.00 X 35089 0 4570 JENNIFER S KAPPEN 40.00 X 173702 0 24528 RAYMOND J POLASKI 10.00 X 162758 0 24143 MICHELLE BRYK 40.00 X 146200 0 18311 MICHAEL HENEGHAN 50.00 X 142771 0 3493 AMY MCGOVERN 50.00 X 110846 0 5228 1877420 0 215115 10 0 1 0 WHITING-TURNER 300 EAST JOPPA ROAD BALTIMORE MD 21286 CONSTRUCTION SERVICES 14295441 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA GA 30368 DINING SERVICES 7317243 GENESIS REHABILITATION SERVICES PO BOX 7247-6524 PHILADELPHIA PA 19170 THERAPY SERVICES 2638783 MILLENNIUM PHARMACY SYSTEMS INC PO BOX 823441 PHILADELPHIA PA 19182 PHARMACY SERVICES 1518748 INTERIOR DESIGN ASSOCIATES 618 CHURCH STREET SUITE 400 NASHVILLE TN 37219 INTERIOR DESIGN SERVICES 995450 32 39495 868562 1961112 2869169 RESIDENT SERVICE FEES 623000 52996837 52996837 AMORT OF ENTRANCE FEES 623000 4590467 4590467 MANAGEMENT FEES 561000 1356676 1356676 58943980 950459 950459 14055 7471 6584 6584 6584 7164680 5938664 1226016 1226016 1226016 12000 39495 21511 -9511 -9511 GUEST MEALS/RENTAL 722210 75104 75104 RESIDENT LOUNGE REVENU 900099 30043 30043 CATERING 722320 28035 28035 137924 137924 271106 64257803 58943980 0 2444654 74565 74565 843111 843111 1280555 1280555 21577916 17070852 4368461 138603 466157 462045 4112 2606383 2175878 412416 18089 1621480 1249176 360337 11967 278637 278637 131950 131950 12929848 11211686 1639332 78830 665885 10000 655885 290707 30132 251021 9554 3347732 3337783 9949 139071 55715 82438 918 29546 3933 25438 175 2332412 2280892 51520 6499580 6367959 131621 1149080 998006 151074 SUPPLIES AND MATERIALS 3622045 3348489 272364 1192 BAD DEBT EXPENSE 1108287 1108287 MEDICAID BED ASSESSMENT 372716 372716 FEES & DUES 69947 54384 15563 326071 162104 157986 5981 61763681 51217713 10276547 269421 4950 4950 5789592 9132128 997426 1761887 4817551 5955635 959509 648821 211997229 83168185 111277356 128829044 64823810 64209884 22223216 8381973 210893410 218924322 7642957 7967074 26822642 27912221 39824656 39021168 22345062 41095450 35941820 39671524 132577137 155667437 X 60176118 44800000 14641300 15145004 3498855 3311881 78316273 63256885 210893410 218924322 X 2494122 -17553510 X X 0 1 1 X 0 X 713090 4095140 3294802 1644167 2876949 12624148 51209721 52809831 58013555 59315346 58943980 280292433 51922811 56904971 61308357 60959513 61820929 292916581 2123100 12114 1024358 3159572 0 2123100 12114 1024358 3159572 289757009 2272220 829550 914615 1011715 964514 5992614 2272220 829550 914615 1011715 964514 5992614 1916143 795501 1166477 249386 275326 4402833 56111174 58530022 63389449 62220614 63060769 303312028 0.95530 0.95180 0.01980 0.02310 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 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 18140155 1916109 -455305 1144074 18456885 17171969 563004 1639445 1234263 18140155 7859259 1876433 3063346 -4372931 17171969 11389946 491517 -3240113 782091 7859259 0.00000 0.17940 0.82060 0 0 1007071 1007071 165952588 66695336 99257252 226526 45512 181014 25947082 16427337 9519745 18863962 18863962 128829044 DEPOSITS 297209 REFUNDABLE FEES 21375269 ACCRUED WORKERS COMPENSATION 833885 DUE TO AFFILITES 102855 ACCRUED RETIREMENT EXPENSE 477456 DEFERRED COMPENSATION 197027 LOAN PAYABLE-AFFILIATES 16387823 39671524 64257803 61763681 2494122 -3600762 -13952748 -17553510 -15059388 45378320 -3600762 -15286192 -18886954 64265274 -7471 -7471 64257803 60437708 7471 7471 60430237 1333444 1333444 61763681 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: 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 2010. PART XI, LINE 8 - OTHER ADJUSTMENTS: VALUATION LOSS, BENEFICIAL INTEREST IN PERPETUAL TRUSTS -186,974. VALUATION LOSS, SPLIT INTEREST AGREEMENTS -33,437. LOSS ON WRITEOFF OF ASSETS -13,732,337. TOTAL TO SCHEDULE D, PART XI, LINE 8: -13,952,748. PART XII, LINE 2D - OTHER ADJUSTMENTS: VALUATION LOSS, BENFICIAL INTEREST IN PERPETUAL TRUSTS -186,974. VALUATION LOSS, SPLIT INTEREST AGREEMENTS -33,437. TRANSFER TO AFFILIATE NETTED WITH REVENUE ON FINANCIAL STATEMENTS -74,565. FINANCIAL ASSISTANCE NETTED WITH REVENUE ON FINANCIAL STATEMENTS -843,111. INCENTIVE PROGRAM EXPENSE NETTED WITH REVENUE ON FINANCIAL STATEMENTS -415,768. LOSS ON WRITEOFF OF ASSETS -13,732,337. PART XII, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -7,471. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 7,471. PART XIII, LINE 4B - OTHER ADJUSTMENTS: TRANSFER TO AFFILIATE NETTED WITH REVENUE ON FINANCIAL STATEMENTS 74,565. INCENTIVE PROGRAM EXPENSE NETTED WITH REVENUE ON FINANCIAL STATEMENTS 415,768. FINANCIAL ASSISTANCE NETTED WITH REVENUE ON FINANCIAL STATEMENTS 843,111. INSPIRED SERVICE 51495 39495 12000 10883 10628 51495 39495 12000 10883 10628 21511 -9511 1 GREENWAY PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 861063722 501(C)(3) 19104 GRANT FOR PROPERTY & EQUIPMENT SOUTHWEST PHILADELPHIA PRESBYTERY APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232700459 501(C)(3) 20162 GRANT FOR PROPERTY & EQUIPMENT PRESBYTERIAN APARTMENTS AT 58TH STREET INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232605582 501(C)(3) 35299 GRANT FOR PROPERTY & EQUIPMENT 3 SEE PART IV 38 843111 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. THE ORGANIZATION ALSO HOLDS GRANT PROCEEDS FROM THIRD PARTIES FOR RELATED ORGANIZATIONS UNTIL THE ORGANIZATIONS HAVE THE ABILITY TO UTILIZE THE FUNDS. PART III, COLUMN (A): FINANCIAL ASSISTANCE TO RESIDENTS WHO HAVE OUTLIVED THEIR FUNDING SOURCES. FINANCIAL ASSISTANCE PAYS THE DIFFERENCE BETWEEN THE MONTHLY FEE AND THE RESIDENT'S INCOME STREAM (SOCIAL SECURITY, PENSION, AND OTHER SOURCES OF INCOME). X X X X 0 1 0 0 0 0 0 0 0 JUDEE M BAVARIA 323888 0 85536 0 15560 0 43419 0 16500 0 484903 0 0 0 CYNTHIA E HOFFMAN 216677 0 57240 0 11463 0 28440 0 16460 0 330280 0 0 0 GARRY D HENNIS 151248 0 56700 0 8392 0 0 0 10366 0 226706 0 0 0 MARY KENDER 165000 0 14350 0 0 0 13200 0 6457 0 199007 0 0 0 JENNIFER S KAPPEN 153573 0 20129 0 0 0 7679 0 16849 0 198230 0 0 0 RAYMOND J POLASKI 143801 0 18957 0 0 0 7190 0 16953 0 186901 0 0 0 MICHELLE BRYK 130000 0 16200 0 0 0 11375 0 6936 0 164511 0 0 0 PART I, 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 2011. MONTGOMERY COUNTY DEVELOPMENT AUTHORITY 232245125 613609ZC3 2010-12-22 40320000 REFINANCING OF EXISTING DEBT, FUND CAPITAL IMPROVEMENTS, AND CONSTRUCTION 0 0 0 30775000 40320000 3245356 904299 5000000 1 0 0 1 0 0 1 1 0 0.00000 0.00000 0.00000 1 0 0 0 0 0 0 X 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 E ALLEN REEVES INC ENTITY OF WHICH BOARD MEMBER IS PRESIDENT 294708 BOARD MEMBER ROBERT N. REEVES, JR. IS THE PRESIDENT OF E. ALLEN REEVES, INC. PHILADELPHIA PRESBYTERY HOMES, INC. CONTRACTED WITH E. ALLEN REEVES, INC. TO COMPLETE INDEPENDENT LIVING APARTMENT TURNOVER REFURBISHMENTS AT RYDAL PARK. PHILADELPHIA PRESBYTERY HOMES, INC. FOLLOWS A CONFLICT OF INTEREST POLICY, AND ALL TRANSACTIONS ARE CONDUCTED AT ARM'S LENGTH. 0 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. AVERAGE HOURS PER WEEK FORM 990, PART VII AVERAGE HOURS PER WEEK LISTED IN PART VII ARE FOR THIS LEGAL ENTITY ONLY. BOARD MEMBERS AND OFFICERS ALSO DEVOTE TIME TO THE RELATED ORGANIZATIONS LISTED ON SCHEDULE R. TOTAL AVERAGE HOURS PER WEEK FOR ALL RELATED ORGANIZATIONS ARE AS FOLLOWS: BOARD MEMBERS - 1 HOUR PER WEEK PRESIDENT & CEO JUDEE M. BAVARIA - 50 HOURS PER WEEK EXECUTIVE VP & CFO/TREASURER CYNTHIA E. HOFFMAN - 50 HOURS PER WEEK EXECUTIVE VP & COO/SECRETARY GARRY D. HENNIS - 50 HOURS PER WEEK SENIOR VP-OPERATIONS/SECRETARY MARY KENDER - 50 HOURS PER WEEK ASSISTANT SECRETARY SHARELL SHIPPEN - 40 HOURS PER WEEK VICE PRESIDENT, FINANCE JENNIFER S. KAPPEN - 50 HOURS PER WEEK VICE PRESIDENT, AFFORDABLE HOUSING RAYMOND J. POLASKI - 50 HOURS PER WEEK VICE PRESIDENT, HR MICHELLE BRYK - 50 HOURS PER WEEK CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -3,600,762. VALUATION LOSS, BENEFICIAL INTEREST IN PERPETUAL TRUSTS -186,974. VALUATION LOSS, SPLIT INTEREST AGREEMENTS -33,437. LOSS ON WRITEOFF OF ASSETS -13,732,337. TOTAL TO FORM 990, PART XI, LINE 5: -17,553,510. SEPARATE, INDEPENDENT AUDITED FINANCIAL STATEMENTS FORM 990, PART IV, LINE 12A & PART XII, LINE 2D INDEPENDENT AUDITORS AUDITED THE CONSOLIDATED BALANCE SHEET OF PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING AND SUBSIDIARIES AS OF DECEMBER 31, 2011, 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, 2011, 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 PRESBY RIVERSIDE HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 204893872 INVESTMENT PA N/A C PRESBY HOMES DEVELOPMENT CORP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 203999872 INACTIVE PA N/A C 0 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0