2012-07-03T14:08:52-05:00 2011-12-31 420714325 MCGLADREY LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2011-01-01 522324152 ANN'S CHOICE INC ANNS 2156722900 10000 ANNS CHOICE WAY WARMINSTER PA 18974 BARBARA BISGAIER 2156722900 2012-06-26 1 JULIA FLANNERY P00928918 4102469300 2011 2016-02-24 21:20:13Z WILLIAM KENNEDY 10000 ANNS CHOICE WAY WARMINSTER PA 18974 62436670 0 X WWW.NATIONALSENIORCAMPUSES.ORG X 2001 MD PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS. SEE SCHEDULE O. 8 8 1185 800 0 0 924333 796947 57683096 61197009 6504129 29297 335308 363454 65446866 62386707 177247 180140 0 0 23916470 24987423 80480 92487 172040 69520238 40670903 93694435 65930953 -28247569 -3544246 755039517 378417185 795047392 421966042 -40007875 -43548857 THE BOARD OF DIRECTORS OF NATIONAL SENIOR CAMPUSES, INC. AND ITS SUPPORTED COMMUNITIES ARE COMMITTED TO CREATING COMMUNITIES THAT CELEBRATE LIFE. SEE SCHEDULE O FOR THE COMPLETE MISSION STATEMENT. 0 0 62477108 180140 61197009 ANN'S CHOICE PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,487 INDEPENDENT LIVING UNITS, 66 PERSONAL CARE UNITS AND 66 SKILLED NURSING BEDS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES. 62477108 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 60 0 1 1185 1 0 0 0 0 0 1 1 0 0 0 0 X 8 8 0 1 0 0 1 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 PA X X MARY WINDSOR 4104022364 701 MAIDEN CHOICE LANE CATONSVILLE MD 21228 STANLEY W ELWELL 2.00 X X 10954 40546 0 WILLIAM KENNEDY 2.00 X X 14725 45525 0 KENNETH A LONGMAN 4.00 X X 11875 0 0 FREDERICK W HAAS 2.00 X X 9708 42792 0 BARBARA BISGAIER 0.50 X X 9375 31875 0 FRED GRUEL 2.00 X 9375 31875 0 ELLEN TOPLIN 0.20 X 1875 5625 0 MARY COLINS 1.00 X 9375 31875 0 ARNOLD SPEERT 1.00 X 9375 31875 0 JOSEPH LOCASCIO 40.00 X 197311 0 19469 THOMAS WALSH 40.00 X 126433 0 18702 CHRISTOPHER DONATI 40.00 X 127245 0 18461 DANIEL BIRDLEBOUGH 40.00 X 114465 0 19406 652091 261988 76038 4 0 1 0 ERICKSON LIVING MANAGEMENT LLC 701 MAIDEN CHOICE LANE BALTIMORE MD 21228 MANAGEMENT SERVICES 2370593 J AMBROGI FOOD DISTRIBUTION INC PO BOX 38 THOROFARE NJ 08086 FOOD SERVICE 478569 TOTAL TURF 2647 COUNTY LINE ROAD CHALFONT PA 18914 LANDSCAPING 323205 STEPHEN WILLIAMS FLOORING SALES & INSTAL 325 SURREY LANE HATBORO PA 19040 CONSTRUCTION 254513 CUSTOM DRAPERIES BY MARIAM 59 CHEROKEE DR RICHBORO PA 18954 MAINTENANCE 172856 5 101440 695507 796947 RESIDENT FEES 623990 47451227 47451227 ANCILLARY FEES 623990 7037866 7037866 RESIDENT DEPOSITS 623990 6232968 6232968 CONTRACT REVENUE 623990 458748 458748 PROCESSING FEES 623990 16200 16200 61197009 29297 29297 362976 362976 362976 362976 50441 101440 49963 478 478 62386707 61197009 0 392751 9166 9166 170974 170974 448552 448552 19157843 18078107 1041779 37957 308005 272715 32213 3077 3620050 3205295 403242 11513 1452973 1338044 104707 10222 2370593 2370593 165906 120563 45343 81341 81341 92487 92487 3267457 2226823 1040634 1815787 1815787 5865920 5822819 38685 4416 6512015 6512015 78247 49000 27739 1508 8289922 8289922 10037211 10037211 451672 451672 EQUIPMENT RENTAL 904007 874563 29444 RESIDENT RELATIONS 597513 556156 33796 7561 ADMINISTRATIVE 142526 103556 35671 3299 AMORTIZATION 90786 90786 65930953 62477108 3281805 172040 400 1200 35740070 28325620 2208739 1813991 286452793 1442000 148280 141311 488922 299809 380568531 35857128 353227675 344711403 76772638 1681851 755039517 378417185 9531789 6011664 82902150 82863864 11225107 702613453 321865407 795047392 421966042 X -41482185 -45266064 1474310 1717207 -40007875 -43548857 755039517 378417185 X -3544246 3264 X 0 1 1 X 0 X 461116 602851 618988 924333 796947 3404235 34026708 47638431 53642538 57732075 61197009 254236761 34487824 48241282 54261526 58656408 61993956 257640996 0 0 0 257640996 13332611 16930408 19192055 6829306 392273 56676653 13332611 16930408 19192055 6829306 392273 56676653 47820435 65171690 73453581 65485714 62386229 314317649 0.81970 0.76750 0.18030 0.23250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20872393 20872393 347980343 26404912 321575431 7714961 6603507 1111454 4000834 2848709 1152125 344711403 RESIDENT DEPOSITS (NET) 315882352 ACCRUED EMPLOYEE HEALTH PLAN 1273996 FUNDS HELD FOR RESIDENTS 89327 UNCLAIMED PROPERTY 26726 ADVANCE DEPOSITS 1026500 RESIDENT REFUNDS PAYABLE 3421889 ACCRUED INTEREST 26087 DEFERRED MANAGEMENT FEE 118530 321865407 62386707 65930953 -3544246 3264 3264 -3540982 62718530 3264 328559 331823 62386707 0 62386707 66259512 328559 328559 65930953 0 65930953 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: ANN'S CHOICE ("ACH") IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE APPLICABLE STATE INCOME TAX REGULATIONS. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM SPECIAL FUNDRAISING EVENTS NETTED ON FORM 990 49,963. TRNA ADJUSTMENT 278,596. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES FROM SPECIAL FUNDRAISING EVENTS NETTED ON FORM 990 49,963. TRNA ADJUSTMENT 278,596. X X X X X 1 ERICKSON LIVING MANAGEMENT LLC 701 MAIDEN CHOICE LANE BALTIMORE MD 21228 SOLICITATION, SPECIAL EVENTS 1 742430 92487 649943 742430 92487 649943 PA ANNUAL GALA 103974 73725 30249 21783 1750 6716 GOLF OUTING 24787 11499 13288 1000 10890 919 1 23120 16216 6904 6800 105 151881 101440 50441 1000 10890 28583 1750 7740 49963 478 1 X EDUCATIONAL SCHOLARSHIPS - SEE PART IV 166 170974 SCHOLAR CANDIDATES MUST BE CURRENTLY EMPLOYED YEAR-ROUND AT ANN'S CHOICE. ONLY MEDICAL LEAVES OF ABSENCE ARE ALLOWABLE DURING THE TWO YEARS. OTHER REQUESTS FOR A LEAVE OF ABSENCE WILL BE REVIEWED AND DETERMINED CASE BY CASE. A SCHOLAR CANDIDATE MUST HAVE BEEN EMPLOYED BY ANN'S CHOICE ON OR BEFORE SEPTEMBER 30, 2011. THE CANDIDATE MUST ALSO ACHIEVE 1,000 HOURS OF WORK DURING A TIME SPAN THAT BEGINS NO EARLIER THAN JUNE 1, 2011 OF THEIR JUNIOR YEAR OF HIGH SCHOOL (300 OF 1,000 HOURS MUST BE COMPLETED BY THE END OF THEIR JUNIOR YEAR OF HIGH SCHOOL TO QUALIFY). ANY HOURS WORKED PRIOR TO JUNE 1, 2011 DO NOT COUNT TOWARDS THE 1,000 HOURS REQUIREMENT. CANDIDATES MUST ACHIEVE THE 1,000 HOUR REQUIREMENT AS WELL AS FULFILL THE TWO-YEAR MINIMUM EMPLOYMENT REQUIREMENT. CANDIDATES MUST BE IN "GOOD STANDING" FROM THEIR ORIGINAL DATE OF HIRE THROUGH THEIR LAST DAY OF WORK. TO MAINTAIN "GOOD STANDING," SCHOLAR CANDIDATES, AS EMPLOYEES, MUST ABIDE BY ALL EMPLOYMENT POLICIES AND PROCEDURES, TO INCLUDE GIVING TWO WEEKS NOTICE TO THEIR SUPERVISOR WHEN TERMINATING EMPLOYMENT. SCHOLAR CANDIDATES MUST COMPLETE EACH STEP AS OUTLINED IN THE PROGRAM DESCRIPTION BY THE RESPECTIVE DUE DATE. FURTHERMORE, CANDIDATES MUST TURN IN PROOF OF FULL-TIME STATUS WITHIN THE DATES SPECIFIED IN THE PROGRAM DESCRIPTION FOR EACH SPRING AND FALL SEMESTER THEY ATTEND SCHOOL. FAILURE TO DO SO WILL DISQUALIFY THE SCHOLAR THAT SEMESTER AND WILL COUNT TOWARDS ONE OF THE TWO ALLOWABLE SEMESTER LAPSES. CANDIDATES SHOULD INTEND TO GO TO COLLEGE OR TRADE SCHOOL AFTER HIGH SCHOOL. SCHOLAR CANDIDATES MUST ATTEND SCHOOL FULL-TIME (12 CREDIT HOURS EACH SEMESTER) AFTER HIGH SCHOOL. SCHOLAR CANDIDATES MUST BE ACCEPTED AND/OR REGISTERED IN THE FALL OF 2011 AT A TRADE SCHOOL, COLLEGE, OR UNIVERSITY TO BENEFIT. (IN EXCEPTIONAL CASES, A SCHOLAR CANDIDATE MAY ARRANGE TO START SCHOOL UP TO TWO SEMESTERS AFTER BEING INDUCTED INTO THE PROGRAM, BUT THEY MUST MAKE ARRANGEMENTS WITH THE RESIDENT LIFE DEPARTMENT. THESE TWO SEMESTERS WILL COUNT AS THE TWO ALLOCABLE SEMESTER LAPSES.) SCHOLARS WHO LAPSE FROM THE PROGRAM FOR MORE THAN A TOTAL OF TWO SEMESTERS AFTER BEING INDUCTED INTO THE PROGRAM ARE NO LONGER ELIGIBLE TO RECEIVE THE AWARD. X X X 0 0 0 0 0 0 0 0 0 JOSEPH LOCASCIO 165211 0 20000 0 12100 0 750 0 24221 0 222282 0 0 0 SUPPLEMENTAL INFORMATION PART III THE INDIVIDUAL LISTED IN SCHEDULE J, PART II IS AN EMPLOYEE OF ERICKSON LIVING MANAGEMENT ("ELM"), AN UNRELATED ORGANIZATION TO ANN'S CHOICE, INC., IN ACCORDANCE WITH THE MANAGEMENT AGREEMENT BETWEEN ANN'S CHOICE, INC. AND ELM. SEE SCHEDULE O EXPLANATION FOR FORM 990, PART VI, SECTION A, LINE 3. THEREFORE, FOR IRS MATCHING PURPOSES, ELM IS THE ISSUER OF THE FORM W-2. UNDER THE MANAGEMENT AGREEMENT, ANN'S CHOICE, INC. REIMBURSES ELM FOR THE COST OF SERVICES PERFORMED FOR ANN'S CHOICE, INC. BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 232174016 11861RAH8 2005-12-21 83096770 PURCHASE OF FACILITY 0 0 0 83096770 6430625 4210 1661935 75004210 2005 0 0 1 1 0 1 1 1 0 0.00340 0.00340 1 0 1 0 0 1 0 PART IV, LINE 5: PROCEEDS INVESTED IN A DEBT SERVICE RESERVE FUND. PART V: IN TAX YEAR 2012, THE ORGANIZATION HAS ADOPTED MANAGEMENT PRACTICES AND PROCEDURES TO ENSURE POST-ISSUANCE COMPLIANCE OF ITS TAX EXEMPT BOND LIABILITIES. THESE PROCEDURES INCLUDE WRITTEN PROCEDURES TO ENSURE THAT VIOLATIONS OF FEDERAL TAX REQUIREMENTS ARE TIMELY IDENTIFIED AND CORRECTED THROUGH THE VOLUNTARY CLOSING AGREEMENT PROGRAM IF SELF-REMEDIATION IS NOT AVAILABLE UNDER APPLICABLE REGULATIONS. FORM 990, PART VI, SECTION A, LINE 1 UNDER THE BYLAWS OF THE ORGANIZATION, THE BOARD HAS DELEGATED AUTHORITY TO AN EXECUTIVE COMMITTEE COMPRISED OF THE ORGANIZATION'S CHAIRMAN, PRESIDENT, SECRETARY AND TREASURER. THE EXECUTIVE COMMITTEE HAS AND MAY EXERCISE ALL OF THE POWERS AND AUTHORITY OF THE BOARD IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE ORGANIZATION EXCEPT FOR THOSE ACTIONS RESERVED SOLELY TO THE MEMBER OR THE DIRECTORS UNDER THE GENERAL LAWS OF THE STATE OF MARYLAND. FORM 990, PART VI, SECTION A, LINE 3 ON APRIL 30, 2010, ANN'S CHOICE, INC. ENTERED INTO A NEW MANAGEMENT AND MARKETING AGREEMENT WITH ERICKSON LIVING MANAGEMENT, LLC ("ELM") TO PROVIDE THE SERVICES PREVIOUSLY PROVIDED BY ERC. ELM IS A SUBSIDIARY OF REDWOOD-ERC SENIOR LIVING HOLDINGS, LLC, NOW KNOWN AS ERICKSON LIVING HOLDINGS, LLC WHICH, TOGETHER WITH OTHER RELATED ENTITIES, PURCHASED THE MAJORITY OF THE ASSETS OF ERC. ELM IS A MARYLAND LIMITED LIABILITY COMPANY WHICH OPERATES AND MANAGES LARGE SCALE CONTINUING CARE RETIREMENT COMMUNITIES. THE MANAGEMENT AGREEMENT COMPLIES WITH REV. PROC. 97-13. THE MANAGEMENT AND MARKETING AGREEMENT WITH ERICKSON LIVING MANAGEMENT, LLC WAS AMENDED ON AUGUST 19, 2011 WITH RESPECT TO THE PROCESS FOR CONDUCTING RESIDENT SATISFACTION SURVEYS. FORM 990, PART VI, SECTION A, LINE 6 ANN'S CHOICE, INC.'S SOLE MEMBER IS NATIONAL SENIOR CAMPUSES, INC. ("NSC"). NSC IS A MARYLAND NON-STOCK CORPORATION. NSC IS A "SUPPORTING ORGANIZATION" WITH RESPECT TO ANN'S CHOICE, AS WELL AS CERTAIN OTHER ORGANIZATIONS SPECIFIED IN ITS GOVERNING DOCUMENTS. AS REQUIRED BY THE REGULATIONS RELATING TO "SUPPORTING ORGANIZATIONS," CERTAIN MEMBERS OF THE BOARD OF DIRECTORS OF NSC WILL ALSO BE MEMBERS OF THE BOARD OF DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE NATIONAL SENIOR CAMPUSES, INC. BOARD OF DIRECTORS APPOINTS THE DIRECTORS OF ANN'S CHOICE, INC. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN EXTRAORDINARY ACTIONS OF THE CORPORATION REQUIRE THE APPROVAL OF THE MEMBER UNDER APPLICABLE STATE LAW. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD APPOINTS A COMMITTEE FROM AMONG ITS DIRECTORS AS WELL AS THE DIRECTORS FROM ONE OR MORE RELATED ENTITIES TO OVERSEE THE PREPARATION OF FORM 990. THE BOARD CHAIR HAS THE RESPONSIBILITY TO REVIEW FORM 990 PRIOR TO ITS FILING OR TO DESIGNATE ANOTHER BOARD MEMBER TO REVIEW THE FORM. THE FULL BOARD IS GIVEN THE OPPORTUNITY TO REVIEW THE FINAL VERSION OF FORM 990 BEFORE IT IS FILED AND ASK QUESTIONS OF THE COMMITTEE OR THE REVIEWER REGARDING THE FORM. THE BOARD CHAIR DESIGNATES AN OFFICER TO SIGN FORM 990. FORM 990, PART VI, SECTION B, LINE 12C ANN'S CHOICE, INC.'S CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS, KEY EMPLOYEES, EMPLOYEES AND VOLUNTEERS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER ANN'S CHOICE, INC.'S AFFAIRS, COMMITTEE MEMBERS, PROSPECTIVE DIRECTORS, AND SENIOR STAFF PROVIDING SERVICES TO THE ORGANIZATION UNDER A MANAGEMENT AGREEMENT. EACH COVERED PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY AND AS POTENTIAL CONFLICTS ARISE DURING THE YEAR. THESE STATEMENTS ARE REVIEWED BY THE BOARD CHAIR. IF THE CONFLICT INVOLVES A COVERED EMPLOYEE, THE CHAIR DETERMINES WHETHER A CONFLICT EXISTS AND, IF SO, HOW IT IS TO BE HANDLED, OR THE CHAIR MAY REFER THE MATTER TO THE BOARD OF DIRECTORS FOR CONSIDERATION. FOR ALL OTHER CONFLICTS, THE BOARD OF DIRECTORS OR A COMMITTEE OF DISINTERESTED DIRECTORS WILL DETERMINE WHETHER A CONFLICT ACTUALLY EXISTS. A COVERED PERSON MAY NOT PARTICIPATE IN ANY DISCUSSION OR DEBATE BY THE BOARD BUT MAY ANSWER QUESTIONS OR PROVIDE CLARIFYING INFORMATION UNLESS ANY BOARD MEMBER OBJECTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD HAS APPROVED A DIRECTORS' COMPENSATION POLICY WHICH ESTABLISHES THE PROCESS BY WHICH ALL DIRECTOR COMPENSATION IS DETERMINED. OFFICERS SERVE WITHOUT COMPENSATION. A REVIEW OF THE DIRECTORS' COMPENSATION IS CONDUCTED EACH FISCAL YEAR. COMPENSATION IS APPROACHED ON AN OVERALL BASIS AND THE TOTAL VALUE OF ALL FORMS OF COMPENSATION IS ESTABLISHED AND MONITORED. AN INDEPENDENT COMPENSATION CONSULTANT IS PERIODICALLY RETAINED TO PERFORM AN ANALYSIS OF ANN'S CHOICE, INC.'S COMPENSATION USING COMPARABLES OF BOTH FOR-PROFIT AND NON-PROFIT PEERS. A COMMITTEE OF THE NSC BOARD REVIEWS THE CONSULTANT'S REPORT AND MAKES A RECOMMENDATION TO THE ORGANIZATION AS TO APPROPRIATE COMPENSATION OF DIRECTORS. THE FULL BOARD HAS ACCESS TO ANN'S CHOICE INC.'S CONSULTANT'S REPORT AND AN OPPORTUNITY TO QUESTION THE CONSULTANT ABOUT THE PROCESS, METRICS, AND COMPARABLES THAT WERE USED IN DETERMINING THE RECOMMENDED COMPENSATION. THE BOARD THEN VOTES ON THE COMPENSATION RECOMMENDATIONS AND A CONTEMPORANEOUS RECORD IS MADE OF THE MEETING AND THE VOTE. THE CONSULTANT REVIEW WAS LAST UNDERTAKEN IN 2010 AND WAS ACTED UPON BY THE BOARD IN EARLY 2011. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE EXECUTIVE DIRECTOR'S OFFICE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 3,264. MISSION STATEMENT - 990 PAGE 1, PART I, LINE 1 AND PART III, LINE 1 MISSION STATEMENT SHARING OUR GIFTS TO CREATE COMMUNITIES THAT CELEBRATE LIFE THE BOARD OF DIRECTORS OF NATIONAL SENIOR CAMPUSES, INC. AND ITS SUPPORTED COMMUNITIES ARE COMMITTED TO ACHIEVING THE MISSION BY: 1. PROMOTING AN ACTIVE QUALITY OF LIFE FOR SENIORS -CREATING LARGE SCALE RETIREMENT CAMPUSES TO PROMOTE ACTIVITY AND HEALTHY LIVING. -PROVIDING A RESIDENT CENTERED SERVICE CULTURE. -ENCOURAGING RESIDENT RUN ACTIVITIES WITH PROFESSIONAL SUPPORT. 2. ACHIEVING EXCELLENCE IN SERVICES AND PROGRAMS -EXERCISING ITS AUTHORITY IN SERVICES, PROGRAMS, FEES, FACILITIES AND FINANCING. -EMBRACING COMPLIANCE, ETHICS AND INTEGRITY. -OVERSEEING SERVICES AND PROGRAMS PERSONALLY AND IN MEETINGS WITH THE RESIDENTS ADVISORY COUNCIL. -TAKING A LONG-TERM VIEW OF FIDUCIARY RESPONSIBILITY. 3. INSURING AFFORDABILITY TO MIDDLE INCOME SENIORS -FOCUSING ON THE LONG TERM VIABILITY OF THE COMMUNITY FOR CURRENT AND FUTURE RESIDENTS. -USING FINANCING STRATEGIES TO LOWER THE COST OF CAPITAL. -QUALIFYING FOR EXEMPTION FROM FEDERAL AND STATE INCOME TAX. -OBTAINING PROPERTY TAX REDUCTIONS FROM COMMUNITY GOVERNMENTS. -ACCUMULATING NET INCOME TO FURTHER THE MISSION. -MAINTAINING A POLICY FOR FULLY REFUNDABLE ENTRANCE DEPOSIT. -OFFERING FEE-FOR-SERVICE HEALTH CARE. 4. MAKING A LIFE CARE COMMITMENT -TO THE EXTENT FEASIBLE, ENSURING THAT NO RESIDENT SHOULD EVER HAVE TO LEAVE A COMMUNITY AS A RESULT OF FINANCIAL INABILITY TO PAY FOR THE COST OF THEIR CARE. -ENCOURAGING FUNDRAISING EFFORTS IN SUPPORT OF BENEVOLENT CARE. 5. FOSTERING GROWTH -COMMITTING TO MAKING THIS LIFESTYLE AVAILABLE TO AN INCREASING NUMBER OF SENIORS. -INCREASING EFFORTS TO ACHIEVE AFFORDABILITY. -DEVELOPING NEW COMMUNITIES IN CURRENT MARKETS. -DEVELOPING COMMUNITIES IN NEW MARKETS. FORM 990, PART VI, LINE 9 THE BOARD OF DIRECTORS AS LISTED IN PART VII, SECTION A, CAN BE REACHED AT THE FOLLOWING ADDRESS: UNIVERSITY OF MARYLAND-BALTIMORE COUNTY (UMBC) RESEARCH TECHNOLOGY PARK 5525 RESEARCH PARK DRIVE, 3RD FLOOR BALTIMORE, MD 21228 FORM 990, PART VII - BOARD OF DIRECTORS COMPENSATION THE COMPENSATION PAID BY RELATED ENTITIES FOR EACH DIRECTOR IS AS FOLLOWS: INDIVIDUAL: STANLEY W. ELWELL ORGANIZATION COMPENSATION ANN'S CHOICE, INC. $ 10,954 ASHBY PONDS, INC. $ 17 BROOKSBY VILLAGE, INC. $ 17 CEDAR CREST VILLAGE, INC. $ 10,954 EAGLE'S TRACE, INC. $ 17 FOX RUN VILLAGE, INC. $ 17 GREENSPRING VILLAGE, INC. $ 17 HIGHLAND SPRINGS, INC. $ 17 LINDEN PONDS, INC. $ 17 MARIS GROVE, INC. $ 10,954 NATIONAL SENIOR CAMPUSES, INC. $ 7,500 OAK CREST VILLAGE, INC. $ 17 RIDERWOOD VILLAGE, INC. $ 16 SEABROOK VILLAGE, INC. $ 10,954 TALLGRASS CREEK, INC. $ 16 WIND CREST, INC. $ 16 NSC FOUNDATION, INC. $ 0 HICKORY CHASE, INC. $ 0 --------- INDIVIDUAL SUB-TOTAL $ 51,500 INDIVIDUAL: WILLIAM KENNEDY ORGANIZATION COMPENSATION ANN'S CHOICE, INC. $ 14,725 ASHBY PONDS, INC. $ 350 BROOKSBY VILLAGE, INC. $ 350 CEDAR CREST VILLAGE, INC. $ 9,725 EAGLE'S TRACE, INC. $ 350 FOX RUN VILLAGE, INC. $ 350 GREENSPRING VILLAGE, INC. $ 350 HIGHLAND SPRINGS, INC. $ 350 LINDEN PONDS, INC. $ 350 MARIS GROVE, INC. $ 14,725 NATIONAL SENIOR CAMPUSES, INC. $ 7,500 OAK CREST VILLAGE, INC. $ 350 RIDERWOOD VILLAGE, INC. $ 350 SEABROOK VILLAGE, INC. $ 9,725 TALLGRASS CREEK, INC. $ 350 WIND CREST, INC. $ 350 NSC FOUNDATION, INC. $ 0 HICKORY CHASE, INC. $ 0 --------- INDIVIDUAL SUB-TOTAL $ 60,250 INDIVIDUAL: FREDERICK W. HAAS ORGANIZATION COMPENSATION ANN'S CHOICE, INC. $ 9,708 ASHBY PONDS, INC. $ 334 BROOKSBY VILLAGE, INC. $ 334 CEDAR CREST VILLAGE, INC. $ 14,708 EAGLE'S TRACE, INC. $ 334 FOX RUN VILLAGE, INC. $ 334 GREENSPRING VILLAGE, INC. $ 334 HIGHLAND SPRINGS, INC. $ 333 LINDEN PONDS, INC. $ 333 MARIS GROVE, INC. $ 9,708 NATIONAL SENIOR CAMPUSES, INC. $ 0 OAK CREST VILLAGE, INC. $ 333 RIDERWOOD VILLAGE, INC. $ 333 SEABROOK VILLAGE, INC. $ 14,708 TALLGRASS CREEK, INC. $ 333 WIND CREST, INC. $ 333 NSC FOUNDATION, INC. $ 0 HICKORY CHASE, INC. $ 0 --------- INDIVIDUAL SUB-TOTAL $ 52,500 INDIVIDUAL: BARBARA BISGAIER ORGANIZATION COMPENSATION ANN'S CHOICE, INC. $ 9,375 ASHBY PONDS, INC. $ 0 BROOKSBY VILLAGE, INC. $ 0 CEDAR CREST VILLAGE, INC. $ 9,375 EAGLE'S TRACE, INC. $ 0 FOX RUN VILLAGE, INC. $ 0 GREENSPRING VILLAGE, INC. $ 0 HIGHLAND SPRINGS, INC. $ 0 LINDEN PONDS, INC. $ 0 MARIS GROVE, INC. $ 9,375 NATIONAL SENIOR CAMPUSES, INC. $ 3,750 OAK CREST VILLAGE, INC. $ 0 RIDERWOOD VILLAGE, INC. $ 0 SEABROOK VILLAGE, INC. $ 9,375 TALLGRASS CREEK, INC. $ 0 WIND CREST, INC. $ 0 NSC FOUNDATION, INC. $ 0 HICKORY CHASE, INC. $ 0 --------- INDIVIDUAL SUB-TOTAL $ 41,250 INDIVIDUAL: FRED GRUEL ORGANIZATION COMPENSATION ANN'S CHOICE, INC. $ 9,375 ASHBY PONDS, INC. $ 0 BROOKSBY VILLAGE, INC. $ 0 CEDAR CREST VILLAGE, INC. $ 9,375 EAGLE'S TRACE, INC. $ 0 FOX RUN VILLAGE, INC. $ 0 GREENSPRING VILLAGE, INC. $ 0 HIGHLAND SPRINGS, INC. $ 0 LINDEN PONDS, INC. $ 0 MARIS GROVE, INC. $ 9,375 NATIONAL SENIOR CAMPUSES, INC. $ 3,750 OAK CREST VILLAGE, INC. $ 0 RIDERWOOD VILLAGE, INC. $ 0 SEABROOK VILLAGE, INC. $ 9,375 TALLGRASS CREEK, INC. $ 0 WIND CREST, INC. $ 0 NSC FOUNDATION, INC. $ 0 HICKORY CHASE, INC. $ 0 --------- INDIVIDUAL SUB-TOTAL $ 41,250 INDIVIDUAL: ELLEN TOPLIN ORGANIZATION COMPENSATION ANN'S CHOICE, INC. $ 1,875 ASHBY PONDS, INC. $ 0 BROOKSBY VILLAGE, INC. $ 0 CEDAR CREST VILLAGE, INC. $ 1,875 EAGLE'S TRACE, INC. $ 0 FOX RUN VILLAGE, INC. $ 0 GREENSPRING VILLAGE, INC. $ 0 HIGHLAND SPRINGS, INC. $ 0 LINDEN PONDS, INC. $ 0 MARIS GROVE, INC. $ 1,875 NATIONAL SENIOR CAMPUSES, INC. $ 0 OAK CREST VILLAGE, INC. $ 0 RIDERWOOD VILLAGE, INC. $ 0 SEABROOK VILLAGE, INC. $ 1,875 TALLGRASS CREEK, INC. $ 0 WIND CREST, INC. $ 0 NSC FOUNDATION, INC. $ 0 HICKORY CHASE, INC. $ 0 --------- INDIVIDUAL SUB-TOTAL $ 7,500 INDIVIDUAL: MARY COLINS ORGANIZATION COMPENSATION ANN'S CHOICE, INC. $ 9,375 ASHBY PONDS, INC. $ 0 BROOKSBY VILLAGE, INC. $ 0 CEDAR CREST VILLAGE, INC. $ 9,375 EAGLE'S TRACE, INC. $ 0 FOX RUN VILLAGE, INC. $ 0 GREENSPRING VILLAGE, INC. $ 0 HIGHLAND SPRINGS, INC. $ 0 LINDEN PONDS, INC. $ 0 MARIS GROVE, INC. $ 9,375 NATIONAL SENIOR CAMPUSES, INC. $ 3,750 OAK CREST VILLAGE, INC. $ 0 RIDERWOOD VILLAGE, INC. $ 0 SEABROOK VILLAGE, INC. $ 9,375 TALLGRASS CREEK, INC. $ 0 WIND CREST, INC. $ 0 NSC FOUNDATION, INC. $ 0 HICKORY CHASE, INC. $ 0 --------- INDIVIDUAL SUB-TOTAL $ 41,250 INDIVIDUAL: ARNOLD SPEERT ORGANIZATION COMPENSATION ANN'S CHOICE, INC. $ 9,375 ASHBY PONDS, INC. $ 0 BROOKSBY VILLAGE, INC. $ 0 CEDAR CREST VILLAGE, INC. $ 9,375 EAGLE'S TRACE, INC. $ 0 FOX RUN VILLAGE, INC. $ 0 GREENSPRING VILLAGE, INC. $ 0 HIGHLAND SPRINGS, INC. $ 0 LINDEN PONDS, INC. $ 0 MARIS GROVE, INC. $ 9,375 NATIONAL SENIOR CAMPUSES, INC. $ 3,750 OAK CREST VILLAGE, INC. $ 0 RIDERWOOD VILLAGE, INC. $ 0 SEABROOK VILLAGE, INC. $ 9,375 TALLGRASS CREEK, INC. $ 0 WIND CREST, INC. $ 0 NSC FOUNDATION, INC. $ 0 HICKORY CHASE, INC. $ 0 --------- INDIVIDUAL SUB-TOTAL $ 41,250 AVERAGE HOURS PER WEEK DEVOTED TO RELATED ORGANIZATION FORM 990, PART VII, BOARD OF DIRECTORS APPROXIMATE HOURS PER WEEK, BY ENTITY NSC OCV GSV RWV ALP CCV SBV ACH MGV BBV S. ELWELL 3 0 0 0 0 2 2 2 2 0 W. KENNEDY 4 0 0 0 0 2 2 2 2 0 K. LONGMAN 0 0 0 0 0 0 0 4 0 0 F. HAAS 1 0 0 0 0 2 2 2 2 0 B. BISGAIER 1 0 0 0 0 .5 .5 .5 .5 0 F. GRUEL 1 0 0 0 0 2 2 2 2 0 E. TOPLIN 0 0 0 0 0 .2 .2 .2 .2 0 M. COLINS 0 0 0 0 0 1 1 1 1 0 A. SPEERT 1 0 0 0 0 1 1 1 1 0 LPH FRV TCK HSD ETH WCD NSCF HCH S. ELWELL 0 0 0 0 0 0 1 0 W. KENNEDY 0 0 0 0 0 0 0 0 K. LONGMAN 0 0 0 0 0 0 0 0 F. HAAS 0 0 0 0 0 0 0 0 B. BISGAIER 0 0 0 0 0 0 0 0 F. GRUEL 0 0 0 0 0 0 0 0 E. TOPLIN 0 0 0 0 0 0 0 0 M. COLINS 0 0 0 0 0 0 0 0 A. SPEERT 0 0 0 0 0 0 0 0 ASHBY PONDS INC 21170 ASHBY PONDS BLVD ASHBURN VA 20147 205609803 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 BROOKSBY VILLAGE INC 100 BROOKSBY VILLAGE DRIVE PEABODY MA 01960 522126755 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 CEDAR CREST VILLAGE INC 1 CEDAR CREST VILLAGE DRIVE POMPTON PLAINS NJ 07444 522184915 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 EAGLE'S TRACE INC 14703 EAGLE VISTA DRIVE HOUSTON TX 77077 030498683 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 FOX RUN VILLAGE INC 41000 13 MILE ROAD NOVI MI 48377 522291271 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 HICKORY CHASE INC 701 MAIDEN CHOICE LANE BALTIMORE MD 21228 208991395 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 HIGHLAND SPRINGS INC 8000 FRANKFORD ROAD DALLAS TX 75252 510536892 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 LINDEN PONDS INC 300 LINDEN PONDS WAY HINGHAM MA 02043 141849849 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 MARIS GROVE INC 100 MARIS GROVE WAY GLEN MILLS PA 19342 550878964 CONTINUING CARE RETIREMENT COMMUNITY PA 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 NATIONAL SENIOR CAMPUSES INC 701 MAIDEN CHOICE LANE BALTIMORE MD 21228 204356247 SUPPORTING ORGANIZATION MD 501(C)(3) LINE 11C, III-FI N/A 0 NATIONAL SENIOR CAMPUSES FOUNDATION INC 701 MAIDEN CHOICE LANE BALTIMORE MD 21228 030611973 SUPPORTING ORGANIZATION MD 501(C)(3) LINE 11C, III-FI N/A 0 OAK CREST VILLAGE INC 8800 WALTHER BOULEVARD PARKVILLE MD 21234 521874053 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 RIDERWOOD VILLAGE INC 3110 GRACEFIELD ROAD SILVER SPRING MD 20904 522126753 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 SEABROOK VILLAGE INC 3000 ESSEX ROAD TINTON FALLS NJ 07753 522126751 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 TALLGRASS CREEK INC 13800 METCALF AVENUE OVERLAND PARK KS 66223 870765641 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 WINDCREST INC 3235 MILL VISTA ROAD HIGHLANDS RANCH CO 80129 510549976 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 GREENSPRING VILLAGE INC 7440 SPRING VILLAGE DRIVE SPRINGFIELD VA 22150 522095427 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) 9 NATIONAL SENIOR CAMPUSES INC 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0