2011-02-14T08:26:21-06:00 2010-09-30 LARSONALLEN LLP 300 Crown Colony Drive Suite 300 Quincy MA 02169 990 2009-10-01 540623670 Goodwin House incorporated GOOD 7038241355 4800 Fillmore Avenue Alexandria VA 22311 Richard T Carter 7038241355 2011-02-14 1 6179848100 2009 2016-02-24 21:20:13Z KATHLEEN ANDERSON CEO 4800 Fillmore Avenue Alexandria VA 22311 54295309 0 X www.goodwinhouse.org X 1955 VA To provide exemplary services, both residential and healthcare, to older adults of diverse faiths through the establishment and operation of continuing care retirement communities in the Northern Virginia region and to broaden and extend the organization's charitable purpose by coordinating and overseeing activities of its affiliated charitable organizations. 16 16 836 1345 0 0 903547 1094159 44174315 47922700 -552318 1384505 -1605846 1252166 42919698 51653530 0 0 24497002 25193747 0 0 24298903 29789955 48795905 54983702 -5876207 -3330172 287852306 311302098 297880323 322444543 -10028017 -11142445 The mission of Goodwin House Incorporated is to support, honor and uplift the lives of older adults and the people who care for them through a faith-based, nonprofit organization affiliated with the Episcopal Church. 0 0 51122438 46699269 The primary exempt purpose of Goodwin House Incorporated (GHI) is achieved through the provision of a continuum of care and service for older adults at two continuing care retirement communities (CCRCs): Goodwin House Alexandria in Alexandria, Virginia, and Goodwin House Bailey's Crossroads in Falls Church, Virginia. A continuing care retirement community provides life-long care in a continuum of housing, services, and health care to older adults. In fiscal year 2010, GHI served more than 1,000 older adults ranging from 65 to 103 years of age. The CCRC continuum is provided at Goodwin House Alexandria and Goodwin House Bailey's Crossroads through residential living (609 apartments), assisted living (84 apartments), memory support households for residents with dementia and Alzheimer's Disease (28 dwellings), and nursing and rehabilitative care (137 person capacity). A significant expansion at Goodwin House Bailey's Crossroads was completed in 2010, including a new health, wellness, and memory support center and 106 new apartment residences.GHI celebrated its 55th anniversary as a non-profit corporation in fiscal year 2010. Goodwin House Alexandria has been in service to older adults for 43 years and Goodwin House Bailey's Crossroads for 23 years. Both communities have achieved full five-year re-accreditation by CCAC-CARF, the Continuing Care Accreditation Commission-Commission on Accreditation of Rehabilitation Facilities, a nationally recognized accreditation body. GHI and its subsidiary corporations are each governed by a volunteer, community-based Board of Trustees or Board of Directors.Goodwin House Home Care provides companion and living support services tailored to meet resident needs. Elder care management, personal care, laundry, personal escorts to appointments, companion services, shopping, and socialization are some of the services available in one-hour increments from the Goodwin House Home Care team. Approximately 29,800 hours of service were provided in fiscal year 2010 by 12 full-time certified nursing assistants and six "as needed" certified nursing assistants. Valet laundry services were provided by one full-time homemaker and one part-time homemaker. Goodwin House Hospice provides compassionate and palliative care to residents and emotional support to their families with a mission of assuring that death occurs pain-free and with dignity, and that the families of hospice residents are supported during and after the death of their loved ones. Goodwin House Hospice provided 2909 hospice service days to 65 residents in fiscal year 2010 and additionally provided information and support to seven families of non-hospice residents. Goodwin House Hospice has provided hospice service to 486 residents in 12 years of service.Goodwin House Community Services: GHI serves an additional 170 older adults through Goodwin House Community Services, a subsidiary corporation which provides management services to a sister non-profit corporation that provides housing to low and moderate income seniors in Northern Virginia. GHI provides support to the management team and Board in the areas of financial oversight, resident services, human resource management, and strategic planning.Clinical Pastoral Education: GHI extends its charitable purpose through its nationally accredited Clinical Pastoral Education Program, which in 12 years has trained more than 160 students from across the U.S. and overseas in pastoral care with older adults, and serves as a training program for students from a variety of regional theological seminaries. GHI is one of a small number of continuing care retirement communities to offer a fully accredited Clinical Pastoral Education Program and further, to link that program with its Goodwin House Hospice program. 51122438 1 1 0 0 0 0 0 0 0 1 0 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 1 0 0 1 88 0 1 836 1 0 0 0 0 0 0 0 0 0 0 0 16 16 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X RICHARD T Carter CFO 7038241355 4800 Fillmore Avenue Alexandria VA 22311 Betty Arbuckle 1.00 X 0 0 0 Mary L Hix 1.00 X X 0 0 0 J Robert McAllisterIII 1.00 X 0 0 0 Eliza Saunders 1.00 X 0 0 0 Charles H Smith 1.00 X 0 0 0 Robert L Whittle 1.00 X X 0 0 0 Donald R Calloway Jr 1.00 X 0 0 0 Deborah K Forbes 1.00 X 0 0 0 Melinda Baskin Hudson 1.00 X X 0 0 0 Howard I Melton Jr 1.00 X 0 0 0 Janet S Hansen 1.00 X 0 0 0 HBW Schroeder 1.00 X 0 0 0 Rev Canon R Sullivan 1.00 X 0 0 0 Robert Wallace 1.00 X 0 0 0 Martha Wilcox 1.00 X 0 0 0 S Wesley Teague III 1.00 X X 0 0 0 Kathleen S Anderson 40.00 X 309213 0 59334 Richard T Carter 40.00 X 132189 0 11769 Lindsay Robinson 40.00 X 65095 0 10039 W Jean Higgins 40.00 X 116324 0 12964 Linda Lateana 40.00 X 158750 0 16986 Harry W Baldwin III 40.00 X 152232 0 16479 Colleen Ryan Mallon 40.00 X 147625 0 16214 Frances B Casey 40.00 X 129335 0 14593 Jeanne Jacob 40.00 X 150257 0 16323 Joann Garcia 40.00 X 107308 0 13413 Karen B Doyle 40.00 X 103898 0 13144 1572226 0 201258 10 0 1 0 The Whiting Turner Contracting Company 300 E Joppa Rd Baltimore MD 212863048 General Contractor 6433480 Morrison Management Specialists P O Box 102289 Atlanta GA 30368 Management of Food Service 3993288 Flagship Rehabilitation Servcies 175 Baltimore St Cumberland MD 21502 Rehabilitation Services 1285841 Cypress Contracting LLC 45975 Nokes Blvd 015 Sterling VA 20166 General Building Contractor 1151545 Neighborcare-Virginia 4315 Walney Rd Suite 200 Chantilly VA 20151 Pharmacy Services 759485 17 1077738 16421 1094159 Monthly Fees 623000 26994465 26994465 Entrance Fees Earned 623000 12184288 12184288 Health Care Services 623000 7520516 7520516 Resident & Other Svcs 623000 1223431 1223431 47922700 1507579 1507579 35611 35611 35611 35611 2518705 2641779 -123074 -123074 -123074 Gain on Alt. Investmen 623000 1216555 1216555 1216555 51653530 46699269 0 3860102 1577331 1577331 18913466 18378776 534690 1014313 908050 106263 2198008 2068489 129519 1490629 1370775 119854 4402137 4402137 56036 56036 75346 75346 202376 202376 2224524 2224524 211724 211724 878294 731177 147117 29987 29987 28671 18048 10623 57582 42468 15114 7363376 7363376 9116384 9116384 373352 373352 Utilities 2196809 2196809 Equipment Rental/Mainte 976895 753248 223647 Pharmacy and Medical Su 835227 835227 Apartment Renovation 182203 182203 Laundry & Uniforms 133495 133495 445537 367265 78272 54983702 51122438 3861264 0 7216863 18260563 3095884 2152360 142793 148401 652643 726119 257574701 80461545 173837847 177113156 36830205 82596407 23747213 11304538 42328858 19000554 287852306 311302098 9248417 4801928 92686604 124613739 185370071 185302948 10575231 7725928 297880323 322444543 X -10152399 -11272672 124382 130227 -10028017 -11142445 287852306 311302098 X 0 1 1 X 0 X 43590 55530 19797 15180 16421 150518 39471201 40752638 41650191 45062682 46699269 213635981 39514791 40808168 41669988 45077862 46715690 213786499 0 0 0 213786499 3671589 1872296 2197225 2821940 1507579 12070629 3671589 1872296 2197225 2821940 1507579 12070629 43186380 42680464 43867213 47899802 48223269 225857128 0.94660 0.93430 0.05340 0.06570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3590852 3590852 233356552 64617572 168738980 20627297 15843973 4783324 177113156 Due from Affiliates 19611 Assets Limited as to Use 14594472 Deferred Financing Costs 3038605 Deferred Marketing Costs 1347866 19000554 Health Care Center Deposits 153333 Accrued Interest 3566159 Entrance Fees Deposits 997436 Asset Retirement Obligation 200388 Fair Value of Interest Rate Swap 2808612 7725928 51653530 54983702 -3330172 2215744 2215744 -1114428 54985076 3337391 10576 3347967 51637109 16421 16421 51653530 56105349 1121647 1121647 54983702 0 54983702 Part X: Description of Uncertain Tax Positions Under FIN 48: Goodwin House Incorporated is a not-for-profit corporation as described in Section 501(c)(3) of the Internal Revenue Code and is exempt from federal income taxes pursuant to Section 501(a) of the Internal Revenue Code. Goodwin House Incorporated follows the provisions of the income tax standard regarding the recognition and measurement of uncertain tax positions. The application of these provisions has no impact on the Organization's financial statements. Part XI, Line 8 - Other Adjustments: NET UNREALIZED GAIN ON TRADING SECURITIES: 3337391. LOSS ON INTEREST RATE SWAP AGREEMENT: -893592. Net Unrealized Loss on Investments Other Than Trading Securities: -228055. Part XII, Line 2d - Other Adjustments: Net Assets Released from Restrictions: 10576. Part XII, Line 4b - Other Adjustments: Temporarily Restricted Contributions: 16421. Part XIII, Line 2d - Other Adjustments: NET UNREALIZED LOSS ON INVESTMENTS OTHER THAN TRADING SECURITIES: 228055. Loss on Interest Rate Swap: 893592. X X X X X X 1 0 0 1 0 0 0 0 0 Kathleen S Anderson 292713 0 0 0 16500 0 51309 0 8025 0 368547 0 0 0 Linda Lateana 148750 0 0 0 10000 0 10412 0 6574 0 175736 0 0 0 Harry W Baldwin III 142232 0 0 0 10000 0 9956 0 6523 0 168711 0 0 0 Colleen Ryan Mallon 137625 0 0 0 10000 0 9634 0 6580 0 163839 0 0 0 Jeanne Jacob 140257 0 0 0 10000 0 9818 0 6505 0 166580 0 0 0 Part I, Line 4a Joan F. Lampe - Received severance payment of $106,668 Marvin L. Ogburn - Received severance payment of $10,000 Part I, Line 5 The organization has in place a supplemental compensation plan for its executive leadership team. Awards made under this plan are based on the attainment of a number of organizational goals, both quantitative and qualitative. Among these goals are financial targets related to the achievement of planned levels of management-controllable revenues and expenses. Alexandria Redevelopment and Housing Authority 521381432 015312DB4 2005-03-09 53290000 Construction and Renovation at GHA 0 0 Fairfax County Economic Development Authority 540787833 303826AN1 2007-05-31 145526692 Construction and Renovation at GHBC 0 0 53290000 45812130 859782 809708 5808380 2006 1 0 1 1 145526692 9246897 11003755 500 2772698 122502842 2009 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 0 0 0 Form 990, Part VI, Section A, line 7a The Board of Trustees of Virginia Diocesan Homes is empowered by the Board of Trustees of Goodwin House Incorporated to approve nominees to the Board of Trustees of Goodwin House Incorporated. Form 990, Part VI, Section B, line 11 The joint audit committee and the governance committee, standing committees of the board of trustees, complete a comprehensive and interactive review of the final draft form 990 after the form 990 has been reviewed by management. Subsequent to review by the joint audit and governance committees and prior to filing in mid-February, the form 990 is distributed electronically to all board memebers of the governing board for their review and comment. Form 990, Part VI, Section B, line 12c The Organization's conflict of interest policy and code of conduct are included in its written corporate compliance policy. All members of the governing body and all members of staff are expected to know and abide by the corporate compliance policy. Each member of the governing body and each member of the executive team completes an annual conflict of interest statement. Should a potential conflict exist with an entity which the organization is not currently doing business, the person with the conflict would be expected to disclose it prior to any proposed transactions, and to absent him/herself from discussion and from voting on such proposed transaction. Form 990, Part VI, Section B, line 15 The Organization uses an independent compensation consultant, comparative compensation studies, and the form 990 of other organizations to establish compensation for officers and key employees. Compensation is approved by the board compensation committee and the board of trustees. The board compensation committee conducts annual review of the executive team compensation and the full board of trustees conducts annual review of the performance and compensation of the president and CEO. This process was last undertaken to establish the compensation for the president and CEO, CFO, executive directors, corporate director of human resources and corporate director of marketing in 2010. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, conflict of interest policy, and financial statements available upon request and files its financial statements quarterly on the EMMA(Electronic Municipal Market Access)website. Form 990, Part XI, Line 2c This process has not changed from the prior year. Goodwin House Foundation 4800 Fillmore Avenue Alexandria VA 22311 541549749 To benefit, support and foster the operations of Goodwin House Incorporated VA 501(c)(3) 509(a)(3) Goodwin House Incorporated Goodwin House Community Services 4800 Fillmore Avenue Alexandria VA 22311 542005465 mgmt services to non-profit retirement communities VA N/A C 1623 22156 1.00000 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 0 Goodwin House Foundation C 1077738