2012-05-14T16:01:27-05:00 2011-06-30 PARENTEBEARD LLC 1869 CHARTER LANE STE 301 LANCASTER PA 17601 990 2010-07-01 521197548 ROLAND PARK PLACE INC ROLA 4102436815 830 WEST 40TH STREET BALTIMORE MD 212112134 FRANCIS X BURNS JR 4102436815 2012-05-11 1 MICHAEL S FREY 7173935696 2010 2016-02-24 21:20:13Z FRANCIS X BURNS JR 830 WEST 40TH STREET BALTIMORE MD 212112134 26843092 0 X WWW.ROLANDPARKPLACE.ORG X 1980 MD RETIREMENT COMMUNITY THAT OFFERS INDEPENDENT LIVING, ASSISTED LIVING, AND SKILLED NURSING SERVICES. 14 13 352 23 61 0 18896 68140 17741410 17856975 755774 1122589 248557 218640 18764637 19266344 3550 1400 0 0 8752238 8835871 0 0 45806 8976439 8875227 17732227 17712498 1032410 1553846 50461663 52032802 59471521 57915631 -9009858 -5882829 X YOUR PLEASURE IN RETIREMENT - OUR AIM; YOUR PERSONAL WELL-BEING - OUR FOCUS; YOUR INTERESTS ENHANCED - OUR PLEDGE: THESE ARE THE MISSIONS OF ROLAND PARK PLACE, A CONTINUING CARE RETIREMENT COMMUNITY IN THE CITY OF BALTIMORE. 0 0 9040828 10646736 INDEPENDENT LIVING - THIS PROGRAM IS FOR THOSE IN THE COMMUNITY WHO ENJOY A FULLY FUNCTIONING, INDEPENDENT LIFESTYLE. THE COMMUNITY HAS 166 INDEPENDENT LIVING UNITS WITH AN ESTIMATED ANNUAL 53,790 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 147 RESIDENTS. 2352872 2770810 ASSISTED LIVING - THIS PROGRAM IS FOR RESIDENTS WHO REQUIRE SOME ASSISTANCE WITH THEIR DAILY LIVING TASKS BUT WHO DO NOT REQUIRE FULL-TIME NURSING ASSISTANCE. THE COMMUNITY OFFERS 40 UNITS FOR RESIDENTS WITH AN ESTIMATED ANNUAL 11,375 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 31 RESIDENTS. 3769804 4439429 NURSING CARE - THIS PROGRAM IS FOR RESIDENTS WHO REQUIRE THE ASSISTANCE OF FULL-TIME NURSING CARE. THE HEALTH CARE CENTER HAS 60 COMPREHENSIVE NURSING CARE BEDS AND HAS AN ANNUAL ESTIMATED 20,904 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 50 PERMANENT RESIDENTS, 2 PER DIEM RESIDENTS AND 5 TEMPORARY RESIDENTS. THE CORPORATION PROVIDED CHARITY CARE, SUBSIDIES, AND OTHER SUPPORT OF THOSE IN NEED TO MANY OF THE PROGRAMS AND INDIVIDUALS IT SERVES. UNCOMPENSATED CARE WAS $68,000 FOR THE YEAR ENDED JUNE 30, 2011. 15163504 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 38 0 0 352 1 0 0 0 0 0 0 1 1 0 0 1 0 X 14 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X KIRK CULBERTSON ACCOUNTING MANAGER 4102437353 830 WEST 40TH STREET BALTIMORE MD 212112134 DAVID L COSTELLO III 1.00 X X 0 0 0 ELIZABETH S HUGHES 1.00 X X 0 0 0 JENNIFER WILKERSON 1.00 X X 0 0 0 JOHN R COLLINS 1.00 X X 0 0 0 TERESA D SNYDER 39.70 X X 165207 0 25361 JOHN R BURTON MD 1.00 X 0 0 0 ADRIAN S JOHNSON 1.00 X 0 0 0 H SCOTT JONES 1.00 X 0 0 0 FREDERICK S KOONTZ 1.00 X 0 0 0 WALTER MITCHELL 1.00 X 0 0 0 DEANA STOUT 1.00 X 0 0 0 DONNAMARIE WOODITCH 1.00 X 0 0 0 JACK ZIMMERMAN MD 1.00 X 0 0 0 JAMES G OWENS 1.00 X 0 0 0 FRANCES X BURNS JR 39.70 X 104367 0 23557 PRISKA NGENYI 55.00 X 106811 0 5551 JANINE NORRIS 40.00 X 102440 0 6752 478825 0 61221 4 0 1 0 SUNDANCE REHABILITATION 6549 PAYSPHERE CIRCLE CHICAGO IL 60674 MEDICAL 392140 CARDER CONTRACTING CO INC 2904 DUNLEER ROAD BALTIMORE MD 21222 CONSTRUCTION/REMODELING 368572 SAGAMORE MECHANICAL SER INC 11521 CRONRIDGE DRIVE OWINGS MILLS MD 21117 MECHANICAL CONTRACTING 253093 ADMIRAL SECURITY SERVICES PO BOX 79776 BALTIMORE MD 21279 SECURITY 205354 B&B COMMERCIAL INTERIORS 1417 KNECT AVENUE BALTIMORE MD 21227 CONSTRUCTION/REMODELING 155098 5 68140 68140 MONTHLY SERVICE FEES 623000 10252391 10252391 EARNED ENTRANCE FEES 623000 3822801 3822801 HEALTH CARE CENTER FEE 623000 3781783 3781783 17856975 406845 61 406784 14414 2546 11868 11868 11868 8289946 7570342 3860 719604 -3860 715744 715744 RESIDENT CATERING 623000 109352 109352 BEAUTY/BARBER SHOP INC 623000 94845 94845 MISC./VENDING 623000 2575 2575 206772 19266344 17856975 61 1341168 1400 1400 326297 326297 6760640 5714674 1006334 39632 50487 50487 1133423 951925 181160 338 565024 421463 143561 7988 7988 61413 61413 2511 2511 16433 16433 1571410 1263933 307477 75191 75191 1729876 1536470 193206 200 5575 3000 685 1890 2901984 2887717 14267 26355 26355 1972321 1972321 184182 184182 MEDICAL EXPENSE 200064 200064 INCENTIVES 54657 54657 EMPLOYEE RECRUITING AND 47433 47433 SPECIAL EVENTS 10031 10031 BOOKS, DUES, SUBSCRIPTI 4057 4057 3746 3746 17712498 15163504 2503188 45806 5477 19852 1828429 2434481 471288 435279 97164 99179 76363 66000 59062868 35718193 24216595 23344675 20347234 23773540 1816550 450637 418255 1151926 1441541 50461663 52032802 1683605 1641598 28891233 28409488 27553797 26330739 1342886 1533806 59471521 57915631 X -12214663 -9301597 3204805 3418768 -9009858 -5882829 50461663 52032802 X 1553846 1573183 X X 0 1 1 X 0 X 206295 24589 37698 18896 68140 355618 15954378 17107589 17653588 17741410 17856975 86313940 139939 212581 246672 204197 803389 16160673 17272117 17903867 18006978 18129312 87472947 0 0 0 87472947 883576 766789 550648 437990 421259 3060262 883576 766789 550648 437990 421259 3060262 2575 2575 17044249 18038906 18454515 18444968 18553146 90535784 0.96620 0.95340 0.03380 0.04660 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISC. INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 2511 2511 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: ROLAND PARK PLACE IS A MEMBER OF THE LIFESPAN NETWORK WHICH IS AN ORGANIZATION FOR SENIOR SERVICES PROVIDERS AND ASSOCIATES. A PORTION OF ANNUAL DUES IS ALLOCATED TO LOBBYING ACTIVITES. 1136806 1136806 48648139 28874477 19773662 8932596 6843716 2088880 345327 345327 23344675 REFUNDABLE ADVANCE FEES 1085516 DEPOSITS 418134 CHARITABLE GIFT ANNUITIES 30156 1533806 19266344 17712498 1553846 2597826 -1024643 1573183 3127029 21993288 2597826 217556 2815382 19177906 88438 88438 19266344 17842261 488933 488933 17353328 359170 359170 17712498 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE CORPORATION FOLLOWS THE PROVISIONS OF GENERALLY ACCEPTED ACCOUNTING STANDARDS THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A COMPANY'S FINANCIAL STATEMENTS, INCLUDING NOT-FOR-PROFIT CORPORATIONS, AND PRESCRIBES 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 HAS BEEN MET. THE STANDARDS ALSO PROVIDE GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, AND DISCLOSURE. MANAGEMENT HAS DETERMINED THAT THIS STANDARD DOES NOT HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE CORPORATION'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2010, 2009, AND 2008 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 8 - OTHER ADJUSTMENTS: CONSOLIDATING ADJUSTMENT -1,024,643. PART XII, LINE 2D - OTHER ADJUSTMENTS: REVENUE REPORTED FOR SUBSIDIARY 217,556. PART XII, LINE 4B - OTHER ADJUSTMENTS: BEAUTY/BARBER SHOP INCOME 94,844. LOSS ON DISPOSAL OF ASSET -3,860. RENTAL EXPENSE -2,546. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES REPORTED FOR ROLAND PARK PLACE HEALTH CARE CORPORATION 482,527. RENTAL EXPENSE 2,546. LOSS ON DISPOSAL OF ASSET 3,860. PART XIII, LINE 4B - OTHER ADJUSTMENTS: BEAUTY/BARBER SHOP INCOME 94,844. CONSOLIDATING ADJUSTMENT 264,326. X X X 0 0 0 0 0 0 0 0 0 TERESA D SNYDER 165207 0 0 0 0 0 23651 0 1710 0 190568 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 WHEN THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS AGREES THAT THE FORM 990 IS FAIRLY STATED THEY GIVE APPROVAL FOR THE FORM 990 TO BE FILED. THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 FOR REVIEW BEFORE ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER, AND EMPLOYEE ANNUALLY SIGNS AN INDIVIDUAL DISCLOSURE STATEMENT. THE STATEMENT REQUIRES ALL BOARD MEMBERS, OFFICERS, AND EMPLOYEES TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST TRANSACTIONS THAT NEED TO BE REVIEWED BY THE BOARD. IF THERE IS A CONFLICT OF INTEREST THEN THE BOARD MEMBER WILL NOT PARTICIPATE IN ANY VOTE REGARDING SUCH TRANSACTIONS AND THE ABSTENTION FROM VOTING SHALL BE INDIVIDUALLY RECORDED IN THE OFFICIAL BOARD OR COMMITTEE MEETING MINUTES. THE CONFLICT OF INTEREST POLICY IS REVIEWED AT LEAST ANNUALLY BY THE EXECUTIVE COMMITTEE AND IS AVAILABLE FOR INSPECTION BY ALL DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPARATIVE DATA IS USED TO ENSURE THAT ALL COMPENSATION DECISIONS REFLECT FAIR MARKET RANGE FOR THE INDUSTRY. THE PRESIDENT DETERMINES COMPENSATION FOR OTHER KEY EMPLOYEES SUCH AS THE VP OF FINANCE BY UTILIZING INDUSTRY-SOURCED DATA TO ENSURE A COMPENSATION PACKAGE WITHIN FAIR MARKET RANGE BY POSITION. MOST EMPLOYEES ARE SUBJECT TO A LIMITED RANGE OF ANNUAL INCREASE WHICH APPLIES TO ALL EMPLOYEES. COMPENSATION DISCUSSIONS AT THE BOARD LEVEL ARE UNDERTAKEN IN CLOSED SESSIONS AND ARE NOT RECORDED IN BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ROLAND PARK PLACE, INC. MAKES ALL DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 2,597,826. CONSOLIDATING ADJUSTMENT -1,024,643. TOTAL TO FORM 990, PART XI, LINE 5: 1,573,183. AUDIT OVERSIGHT: FORM 990, PAGE 12, PART XII, QUESTION 2C THE AUDIT COMMITTEE OVERSEES THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS AND SELECTION OF THE INDEPENDENT ACCOUNTANTS. THE AUDIT COMMITTEE REPORTS ALL AUDIT FINDINGS TO THE BOARD OF DIRECTORS. THE PROCESS HAS NOT CHANGED FROM PRIOR YEARS. HOURS WORKED FOR OTHER ORGANIZATIONS: FORM 990, PAGE 7, PART VII, COLUMN B ORGANIZATION OFFICERS ALLOCATE THEIR TIME BETWEEN RELATED ORGANIZATIONS. ROLAND PARK PLACE HEALTH CARE CORPORATION 830 WEST 40TH STREET BALTIMORE MD 21211 521387032 TO PROVIDE AMBULATORY AND OTHER MEDICAL SERVICES TO ROLAND PARK PLACE INC MD 501(C)(3) 9 ROLAND PARK PLACE 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 ROLAND PARK PLACE HEALTH CARE CORPORATION P 264328