ASBURY SOLOMONS INC: Form 990, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- ASBURY SOLOMONS INC (EIN 52-1862675)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-09
- IRS object ID
- 201103139349302605
- Schema version
- 2010v3.4
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-11-09T15:24:23-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 18 SENTRY PARK WEST SUITE 300 | AddressLine1 |
| City | BLUE BELL | City |
| State | PA | State |
| ZIP Code | 194222240 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2010-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 521862675 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASBURY SOLOMONSINC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ASBU | NameControl |
| Phone | 4103943029 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20030 CENTURY BLVD NO 300 | AddressLine1 |
| City | GERMANTOWN | City |
| State | MD | State |
| ZIP Code | 20874 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KIM EHRENFRIED | Name |
| Title | ASSISTANT TREASURER | Title |
| Phone | 4103943029 | Phone |
| Date Signed | 2011-11-09 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | BERNADETTE O'TOOLECPA | Name |
| Phone | 2156433900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | ANDREW W APPLEGATE | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20030 CENTURY BLVD NO 300 | AddressLine1 |
| City | GERMANTOWN | City |
| State | MD | State |
| ZIP Code | 20874 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 19785007 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.ASBURYSOLOMONS.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1994 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | ASBURY SOLOMONS' MISSION IS TO PROVIDE A CONTINUUM OF CARE FOR THE ELDERLY | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 11 | NbrIndependentVotingMembers |
| Total Nbr Employees | 346 | TotalNbrEmployees |
| Total Nbr Volunteers | 50 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1850 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 17104007 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 17670487 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 197997 | InvestmentIncomePriorYear |
| Investment Income Current Year | 310258 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 6786 | OtherRevenuePriorYear |
| Other Revenue Current Year | 6980 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 17310640 | TotalRevenuePriorYear |
| Total Revenue Current Year | 17987725 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 5204281 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 5606602 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10856151 | OtherExpensePriorYear |
| Other Expenses Current Year | 11478410 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 16060432 | TotalExpensesPriorYear |
| Total Expenses Current Year | 17085012 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 1250208 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 902713 | RevenuesLessExpensesCY |
| Total Assets BOY | 62501003 | TotalAssetsBOY |
| Total Assets EOY | 62831199 | TotalAssetsEOY |
| Total Liabilities BOY | 92420876 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 94255890 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -29919873 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -31424691 | NetAssetsOrFundBalancesEOY |
| Mission Description | SEE SCHEDULE O FOR THE MISSION STATEMENT.ASBURY SOLOMONS' MISSION IS TO PROVIDE A CONTINUUM OF CARE FOR THE ELDERLY. ACCORDINGLY, ASBURY SOLOMONS WILL ESTABLISH, MAINTAIN, OPERATE, AND SUPPORT, EITHER DIRECTLY, OR IN COOPERATION WITH OTHER ORGANIZATIONS, HOUSING, ASSISTED LIVING FACILITIES, CONTINUING CARE RETIREMENT COMMUNITIES FOR THE ELDERLY AND OTHER SERVICES FOR THE AGING. ASBURY SOLOMONS WILL PROVIDE FOR THE CONTINUING CARE, PHYSICAL, RECREATIONAL, SOCIAL, SPIRITUAL, AND HEALTH NEEDS OF THE ELDERLY. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4300129 | Expense |
| Revenue | 5139212 | Revenue |
| Description | SKILLED NURSING FACILITY: OPERATION OF A 48 BED SKILLED NURSING FACILITY (SNF) FOR THE AGED, PROVIDING 16,503 DAYS OF SERVICE IN 2010. $601,207 OF CONTRACTUAL ALLOWANCES WERE PROVIDED TO RESIDENTS OF THE SNF IN 2010. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1432832 | Expense |
| Revenue | 1716748 | Revenue |
| Description | ASSISTED LIVING FACILITY: OPERATION OF A 30 BED ASSISTED LIVING FACILITY FOR THE AGED, PROVIDING 8,119 DAYS OF CARE IN 2010. $146,254 OF BENEVOLENT CARE WAS PROVIDED TO ASSISTED LIVING RESIDENTS IN 2010. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 9026018 | Expense |
| Revenue | 10814527 | Revenue |
| Description | RESIDENTIAL LIVING: OPERATION OF 300 RESIDENTIAL LIVING UNITS FOR THE AGED, PROVIDING 107,149 DAYS OF SERVICE IN 2010. $13,538 OF BENEVOLENT CARE WAS PROVIDED TO RESIDENTIAL LIVING RESIDENTS IN 2010.SEE SCHEDULE O FOR COMMUNITY BENEFITS INFORMATION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 14758979 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 39 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 346 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 11 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL CONNELL CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3012502028 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20030 CENTURY BLVD SUITE 300 | AddressLine1 |
| City | GERMANTOWN | City |
| State | MD | State |
| ZIP Code | 20874 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (37 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| JAMES SMELTZER | ||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| ARTHUR ELGIN | ||||||
| VICE CHAIR | 1.00 | X | X | 0 | 0 | 0 |
| MARTHA CANFIELD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SARAH CATO | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID LINGRELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JAMES REIM | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PHYLLIS SCHMITZ | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| GUFFRIE SMITH | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD STETLER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JULIAN TAVENNER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| GEORGE A TJIATTAS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOSEPH A TORCHIA | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| NORMA TYLER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| P GARY WIENKEN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL REDSHAW | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| PATRICIA BROACH | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARY ELLEN ELWELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| REV CHARLES L HARRELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARGARET H PHIPPS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RODNEY THOMPSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MAURICE E WOOD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ROXANNE CUMBERLAND | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DOUGLAS LEIDG | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 339009 | 12746 |
| MICHAEL CONNELL | ||||||
| TREASURER | 1.00 | X | X | 0 | 274308 | 15246 |
| SUE DACAMARA | ||||||
| SR. VICE PRESIDENT | 1.00 | X | X | 0 | 248560 | 11673 |
| ANDREW APPLEGATE | ||||||
| VICE PRESIDENT | 50.00 | X | X | 166586 | 0 | 12387 |
| SCOTT BUSHONG | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 184847 | 9251 |
| DAVID DENTON | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 206463 | 13862 |
| MELISSA HADLEY | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 186180 | 10440 |
| JIM SCHNEIDER | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 152011 | 8908 |
| ROBIN STERN | ||||||
| VICE PRESIDENT | 1.00 | X | X | 0 | 138013 | 9000 |
| KIM EHRENFRIED | ||||||
| ASST. TREASURER | 1.00 | X | 0 | 153551 | 10728 | |
| PEGGY CRESPI KAPLAN | ||||||
| V.P., ASST. SECRETARY | 1.00 | X | 0 | 280330 | 13672 | |
| HENRY MOEHRING | ||||||
| ASST. SECRETARY | 1.00 | X | 0 | 158560 | 10292 | |
| ANTONIO WILSON | ||||||
| ASST. SECRETARY | 1.00 | X | 0 | 47991 | 4173 | |
| DEBBIE BARRIS | ||||||
| ASST. SECRETARY | 1.00 | X | 0 | 56869 | 5602 | |
| ANDREW JOSEPH | ||||||
| ASST. TREASURER | 1.00 | X | 0 | 187352 | 13008 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 166586 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 2614044 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 160988 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| SODEXO INC & AFFILIATES | |||||
| PO BOX 536922 | ATLANTA | GA | 30353 | FOOD SERVICE | 1700958 |
| TALON DETECTIVE AGENCY AND SECURITY | |||||
| 41680 MISS BESSIE DR | LEONARDTOWN | MD | 20650 | SECURITY SERVICE | 318090 |
| FLAGSHIP REHABILITATION SERVICE | |||||
| 157 BALTIMORE STREET | CUMBERLAND | MD | 21502 | REHABILITATION | 315805 |
| GRIFFIN'S FLOORING AMERICA | |||||
| 22755 MAPLE ROAD | CALIFORNIA | MD | 20619 | FLOORING & RENOVATIONS | 203638 |
| THE BRICKMAN GROUP LTD LLC | |||||
| 3630 SOLUTIONS CENTER | CHICAGO | IL | 606773006 | LANDSCAPE MAINTENANCE | 147118 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 6 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| NET SERVICE REVENUE | 623312 | 12301513 | 12301513 |
| AMORTIZATION OF ENTRAN | 623312 | 3589068 | 3589068 |
| MEDICARE/MEDICAID PAYM | 623312 | 1709822 | 1709822 |
| OTHER OPERATING REVENU | 623312 | 70084 | 70084 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 17670487 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 95533 | TotalRevenueColumn |
| Exclusion | $95,533 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 12990 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 6010 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 6980 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6980 | TotalRevenueColumn |
| Exclusion | $6,980 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2005997 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1791272 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 214725 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 214725 | TotalRevenueColumn |
| Exclusion | $214,725 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17987725 | TotalRevenueColumn |
| Related Or Exempt Function Income | 17670487 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $317,238 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 178973 | Total |
| Management And General | 178973 | ManagementAndGeneral |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4586583 | Total |
| Program Services | 4230583 | ProgramServices |
| Management And General | 356000 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 93033 | Total |
| Program Services | 84953 | ProgramServices |
| Management And General | 8080 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 389631 | Total |
| Program Services | 248105 | ProgramServices |
| Management And General | 141526 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 358382 | Total |
| Program Services | 322958 | ProgramServices |
| Management And General | 35424 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 662985 | Total |
| Management And General | 662985 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24358 | Total |
| Management And General | 24358 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 41998 | Total |
| Management And General | 41998 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1610995 | Total |
| Program Services | 1589758 | ProgramServices |
| Management And General | 21237 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70784 | Total |
| Program Services | 70774 | ProgramServices |
| Management And General | 10 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 656936 | Total |
| Program Services | 517415 | ProgramServices |
| Management And General | 139521 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 384342 | Total |
| Management And General | 384342 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1809677 | Total |
| Program Services | 1791037 | ProgramServices |
| Management And General | 18640 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37455 | Total |
| Program Services | 27759 | ProgramServices |
| Management And General | 9696 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2048419 | Total |
| Program Services | 2048419 | ProgramServices |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2452870 | Total |
| Program Services | 2440042 | ProgramServices |
| Management And General | 12828 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 95657 | Total |
| Management And General | 95657 | ManagementAndGeneral |
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| FOOD | 731588 | 731375 | 213 |
| REPAIRS & MAINTENANCE | 557836 | 546845 | 10991 |
| INTEREST-OTHER | 32469 | 0 | 32469 |
| LICENSING & CERTIFICATI | 29776 | 2900 | 26876 |
| DUES & SUBSCRIPTIONS | 3970 | 978 | 2992 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226295 | Total |
| Program Services | 105078 | ProgramServices |
| Management And General | 121217 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17085012 | Total |
| Program Services | 14758979 | ProgramServices |
| Management And General | 2326033 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 151469 | BOY |
| EOY | 163146 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5307231 | BOY |
| EOY | 7217933 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 411837 | BOY |
| EOY | 433298 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 187200 | BOY |
| EOY | 52800 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 37013 | BOY |
| EOY | 13695 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3182161 | BOY |
| EOY | 2864710 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 74598854 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 24386214 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 51420279 | BOY |
| EOY | 50212640 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 421203 | BOY |
| EOY | 339855 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4615 | BOY |
| EOY | 4350 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1377995 | BOY |
| EOY | 1528772 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62501003 | BOY |
| EOY | 62831199 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 453072 | BOY |
| EOY | 1162213 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41200082 | BOY |
| EOY | 40967072 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39211457 | BOY |
| EOY | 39198841 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11556265 | BOY |
| EOY | 12927764 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 92420876 | BOY |
| EOY | 94255890 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -31206334 | BOY |
| EOY | -32814082 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 268651 | BOY |
| EOY | 278679 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1017810 | BOY |
| EOY | 1110712 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -29919873 | BOY |
| EOY | -31424691 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 62501003 | BOY |
| EOY | 62831199 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 902713 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -2407531 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 714123 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 63235 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus1 Year | 1850 | CurrentTaxYearMinus1Year |
| Total | 779208 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14053274 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15067673 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15740768 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 17104007 | CurrentTaxYearMinus1Year |
| Current Tax Year | 17670487 | CurrentTaxYear |
| Total | 79636209 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14767397 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15130908 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15740768 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 17105857 | CurrentTaxYearMinus1Year |
| Current Tax Year | 17670487 | CurrentTaxYear |
| Total | 80415417 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 80415417 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 332037 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 311482 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | -448717 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 69370 | CurrentTaxYearMinus1Year |
| Current Tax Year | 108585 | CurrentTaxYear |
| Total | 372757 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 332037 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 311482 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | -448717 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 69370 | CurrentTaxYearMinus1Year |
| Current Tax Year | 108585 | CurrentTaxYear |
| Total | 372757 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 15099434 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 15442390 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 15292051 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 17175227 | CurrentTaxYearMinus1Year |
| Current Tax Year | 17779072 | CurrentTaxYear |
| Total | 80788174 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.99540 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.99110 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.00460 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.00890 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1017810 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 92902 | InvestmentEarningsOrLosses |
| End Of Year Balance | 1110712 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1011841 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 5969 | InvestmentEarningsOrLosses |
| End Of Year Balance | 1017810 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 1028672 | BeginningOfYearBalance |
| Investment Earnings Or Losses | -16831 | InvestmentEarningsOrLosses |
| End Of Year Balance | 1011841 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 1 | EndowmentsHeldByRelatedOrgs |
| Are Related Orgs Listed Schedule R | 1 | AreRelatedOrgsListedScheduleR |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5803678 | OtherCostOrOtherBasis |
| Book Value | 5803678 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 62094255 | OtherCostOrOtherBasis |
| Depreciation | 19784760 | Depreciation |
| Book Value | 42309495 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 5318107 | OtherCostOrOtherBasis |
| Depreciation | 4398200 | Depreciation |
| Book Value | 919907 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1382814 | OtherCostOrOtherBasis |
| Depreciation | 203254 | Depreciation |
| Book Value | 1179560 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 50212640 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DUE TO ASERV | $8,411,225 |
| REFUNDABLE ENTRANCE FEES | $558,815 |
| VALUATION OF DERIVATIVE INSTRUMENT | $3,940,631 |
| CAPITAL LEASES | $17,093 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 12927764 | TotalOfAmounts |
| Total Revenue | 17987725 | TotalRevenue |
| Total Expenses | 17085012 | TotalExpenses |
| Excess Or Deficit For Year | 902713 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 48917 | NetUnrealizedGLOnInvestments |
| Other | -$2,456,448 | OtherAmount |
| Total Adjustments | -2407531 | TotalAdjustments |
| Excess Or Deficit Per FS | -1504818 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 18079338 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 91613 | OtherRevenues |
| Revenue Not Rptd F990 | 91613 | RevenueNotRptdF990 |
| Revenue Subtotal | 17987725 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 17987725 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 17091022 | TotExpensesEtcAuditedFinclStmt |
| Other Expenses Included | 6010 | OtherExpensesIncluded |
| Expenses Not Rptd F990 | 6010 | ExpensesNotRptdF990 |
| Expenses Subtotal | 17085012 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 17085012 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (5 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE BENEVOLENT CARE. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X: | ASBURY SOLOMONS IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; 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 SOLOMONS. THIS INCLUDES AN INDEPENDENT REVIEW BY THE BOARD'S COMPENSATION COMMITTEE 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 PROCESSES 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 RETURNS ARE 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 2007 TO 2009 ARE OPEN TO EXAMINATION BY FEDERAL, LOCAL, AND STATE AUTHORITIES |
| PART XI, LINE 8 - OTHER ADJUSTMENTS: | TRANSFERS FROM ASBURY FOUNDATION, INC. 85,603. NET UNREALIZED (LOSS) GAIN ON CHANGE IN MARKET VALUE OF DERIVATIVE INSTRUME -2,043,981. TRANSFER TO ACOMM -601,000. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF ASBURY FOUNDATION, INC. 102,930. | |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | TRANSFERS FROM ASBURY FOUNDATION, INC. 85,603. RENTAL EXPENSE 6,010. | |
| PART XIII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE 6,010. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Written Employment Contract | X | WrittenEmploymentContract |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DOUGLAS LEIDG | |||||||||||||
| 0 | 333469 | 0 | 5000 | 0 | 540 | 0 | 7350 | 0 | 5396 | 0 | 351755 | 0 | 0 |
| MICHAEL CONNELL | |||||||||||||
| 0 | 253822 | 0 | 20000 | 0 | 486 | 0 | 7350 | 0 | 7896 | 0 | 289554 | 0 | 0 |
| SUE DACAMARA | |||||||||||||
| 0 | 242337 | 0 | 5000 | 0 | 1223 | 0 | 7350 | 0 | 4323 | 0 | 260233 | 0 | 0 |
| ANDREW APPLEGATE | |||||||||||||
| 161241 | 0 | 5000 | 0 | 345 | 0 | 5203 | 0 | 7184 | 0 | 178973 | 0 | 0 | 0 |
| SCOTT BUSHONG | |||||||||||||
| 0 | 179499 | 0 | 5000 | 0 | 348 | 0 | 5724 | 0 | 3527 | 0 | 194098 | 0 | 0 |
| DAVID DENTON | |||||||||||||
| 0 | 200786 | 0 | 5000 | 0 | 677 | 0 | 6543 | 0 | 7319 | 0 | 220325 | 0 | 0 |
| MELISSA HADLEY | |||||||||||||
| 0 | 180602 | 0 | 5000 | 0 | 578 | 0 | 5710 | 0 | 4730 | 0 | 196620 | 0 | 0 |
| JIM SCHNEIDER | |||||||||||||
| 0 | 145711 | 0 | 5000 | 0 | 1300 | 0 | 4666 | 0 | 4242 | 0 | 160919 | 0 | 0 |
| KIM EHRENFRIED | |||||||||||||
| 0 | 148744 | 0 | 4500 | 0 | 307 | 0 | 4909 | 0 | 5819 | 0 | 164279 | 0 | 0 |
| PEGGY CRESPI KAPLAN | |||||||||||||
| 0 | 273008 | 0 | 5000 | 0 | 2322 | 0 | 7350 | 0 | 6322 | 0 | 294002 | 0 | 0 |
| HENRY MOEHRING | |||||||||||||
| 0 | 153820 | 0 | 4000 | 0 | 740 | 0 | 4896 | 0 | 5396 | 0 | 168852 | 0 | 0 |
| ANDREW JOSEPH | |||||||||||||
| 0 | 182457 | 0 | 4500 | 0 | 395 | 0 | 5824 | 0 | 7184 | 0 | 200360 | 0 | 0 |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI (2 entries)
| Issuer EINIssuerEIN | CUSIP NumberCUSIPNumber | Date IssuedDateIssued | Issue PriceIssuePrice | Description Of PurposeDescriptionOfPurpose | DefeasedDefeased | On Behalf Of IssuerOnBehalfOfIssuer | Pool FinancingPoolFinancing |
|---|---|---|---|---|---|---|---|
| CITY OF GAITHERSBURG (MARYLAND) | |||||||
| 526000792 | 363128BK4 | 2006-11-30 | 12939612 | SERIES 2006A MD BOND | 0 | 0 | 0 |
| CITY OF GAITHERSBURG (MARYLAND) | |||||||
| 526000792 | 363128CB3 | 2009-12-16 | 25935919 | SERIES 2009B MD BOND | 0 | 0 | 0 |
Form990 Schedule K Part II Form990ScheduleKPartII (2 entries)
| Total ProceedsTotalProceeds | Amount In Reserve FundAmountInReserveFund | Refunding EscrowRefundingEscrow | Issuance Costs From ProceedsIssuanceCostsFromProceeds | Current RefundingCurrentRefunding | Advance RefundingAdvanceRefunding | Final Allocation MadeFinalAllocationMade | Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind |
|---|---|---|---|---|---|---|---|
| 12939612 | 1228495 | 11453932 | 257185 | 1 | 0 | 1 | 1 |
| 25935919 | 793896 | 24615758 | 526265 | 1 | 0 | 1 | 1 |
Form990 Schedule K Part III Form990ScheduleKPartIII (2 entries)
| Owning Bond Financed PropertyOwningBondFinancedProperty | Any Lease ArrangementsAnyLeaseArrangements | Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty | Any Research AgreementsAnyResearchAgreements | Bond Counsel Routinely EngagedBondCounselRoutinelyEngaged | Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs |
|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 1 | 1 |
| 0 | 0 | 0 | 0 | 1 | 1 |
Form990 Schedule K Part IV Form990ScheduleKPartIV (2 entries)
| Form8038 T FiledForm8038TFiled | Variable Rate IssueVariableRateIssue | Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds | Gross Proceeds Invested In GICGrossProceedsInvestedInGIC | Gross Proceeds InvestedGrossProceedsInvested | Exception To RebateExceptionToRebate |
|---|---|---|---|---|---|
| 1 | 0 | 0 | 0 | 0 | 0 |
| 1 | 0 | 0 | 0 | 0 | 0 |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (14 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| 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 HAVE 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 ASBURY SOLOMONS AND ONE RESIDENT OF ASBURY METHODIST VILLAGE. | |
| FORM 990, PART VI, SECTION A, LINE 6 | ASBURY SOLOMONS, INC 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 SOLOMONS, INC. AND ELECTS THE GOVERNING BODY. | |
| FORM 990, PART VI, SECTION A, LINE 7B | ONLY CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO ASBURY COMMUNITIES 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, INC. AND INVERNESS VILLAGE, AN OKLAHOMA NOT FOR PROFIT CORPORATION. ASBURY COMMUNITIES HAS A SYSTEM WIDE AUDIT COMMITTEE. THE ASBURY SOLOMONS BOARD OF DIRECTORS HAS DELEGATED A REVIEW OF THE FORM 990 TO THE SYSTEM AUDIT COMMITTEE. ASBURY RECORDED THE OCTOBER 12TH AUDIT COMMITTEE MEETING REVIEW OF THE ASBURY COMMUNITIES, INC. (ACOMM) DRAFT 990 VIA THE 1-800 CONFERENCE LINE. THE ACOMM, FOUNDATION, ASBURY ATLANTIC, ASBURY SOLOMONS, AND INVERNESS VILLAGE BOARD OF DIRECTORS WERE CONTACTED VIA EMAIL THAT THE DRAFT FORM 990S WERE OUT ON BOARDLINK AND PROVIDED THE LINK TO THE RECORDING OF THE AUDIT COMMITTEE MEETING IF BOARD MEMBERS CHOSE TO LISTEN TO THE MEETING AS THEY REVIEWED ANY OF THE FORM 990S. ALL DIRECTORS MAY POSE QUESTIONS OR ASK FOR CLARIFICATION FROM THE STAFF AND AUDIT COMMITTEE. | |
| THE ASBURY COMMUNITIES CONFLICT OF INTEREST POLICY WAS APPROVED BY THE BOARD OF DIRECTORS. THE COMPLIANCE OFFICER IS GENERALLY RESPONSIBLE FOR THE POLICY PROCESS. ALL OF 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 MEMBER OF THE GOVERNING BODY COMPLETES A DETAILED QUESTIONNAIRE DESIGNED TO IDENTIFY ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. A FULL REPORT OF RESPONSES TO THIS QUESTIONNAIRE IS REVIEWED BY THE COMPLIANCE OFFICER AND PROVIDED TO THE AUDIT COMMITTEE. IN CASE CONFLICT OF INTEREST ARISE, THE MEMBER OF GOVERNING BODY WILL BE ASKED TO RESIGN FROM THE ORGANIZATION. | FORM 990, PART VI, SECTION B, LINE 12C | |
| 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 OF ASBURY COMMUNITIES, THE SOLE MEMBER OF ASBURY SOLOMONS, HAS A PRESENTATION ONCE EACH YEAR ON EXECUTIVE COMPENSATION AND BENEFITS. THE CHIEF PEOPLE OFFICER IS PRESENT TO GIVE BOARD MEMBERS AN OPPORTUNITY 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 TOWER 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 TOWER 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 B, LINE 15 | |
| THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST. THE GOVERNING DOCUMENTS ARE AVAILABLE IN THE RESIDENT LIBRARIES. THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC VIEWING ON THE ORGANIZATION'S WEBSITE. | FORM 990, PART VI, SECTION C, LINE 19 | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | NET UNREALIZED GAINS ON INVESTMENTS: 48,917. TRANSFERS FROM ASBURY FOUNDATION, INC. 85,603. NET UNREALIZED (LOSS) GAIN ON CHANGE IN MARKET VALUE OF DERIVATIVE INSTRUME -2,043,981. TRANSFER TO ACOMM -601,000. CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF ASBURY FOUNDATION, INC. 102,930. TOTAL TO FORM 990, PART XI, LINE 5: -2,407,531. | FORM 990, PART XI, LINE 5: |
| THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS. | FORM 990, PART XII, LINE 2C | |
| COMMUNITY BENEFITS ASBURY SOLOMONS ISLAND CONTRIBUTES TIME, SPACE AND MANPOWER BACK TO THE GREATER COMMUNITY IN WHICH ITS CONTINUING CARE RETIREMENT COMMUNITY IS LOCATED. ASBURY SOLOMONS ISLAND DIVIDES ITS COMMUNITY BENEFIT ACTIVITIES INTO FIVE CATEGORIES: BENEVOLENT CARE, TRAINING THE NEXT GENERATION OF LEADERS FOR SENIOR CARE, SUPPORTING OTHER LOCAL SENIOR SERVICES, GOING GREEN AND SUSTAINABLE, AND OTHER. ASBURY SOLOMONS ISLAND PROVIDES CHARITY CARE TO THOSE RESIDENTS WHOSE NEEDS EXCEED THEIR FUNDS, AND NO RESIDENT HAS EVER BEEN ASKED TO LEAVE ASBURY SOLOMONS ISLAND BECAUSE OF A LACK OF FUNDS THROUGH NO FAULT OF THEIR OWN. HIGHLIGHTS OF THIS YEAR'S COMMUNITY BENEFIT ACCOMPLISHMENTS INCLUDE THE FOLLOWING: ASBURY SOLOMONS ISLAND'S HUMAN RESOURCES DIRECTOR SPOKE AT AN ANNUAL CALVERT COUNTY MENTORING PARTNERSHIP BREAKFAST ON HER EXPERIENCES WITH THE GROUP'S JOB SHADOW DAY. THE COMMUNITY HOSTED FOUR STUDENTS AS PART OF THAT PROGRAM IN APRIL. COORDINATED A FREE TUTORING PROGRAM FOR AT-RISK STUDENTS AT CALVERT HIGH SCHOOL. THE CAMPUS HOSTED THE 2010 ALZHEIMER'S MEMORY WALK FOR THE SOUTHERN MARYLAND CHAPTER OF THE ALZHEIMER'S ASSOCIATION AND RAISED OVER $5,000 FOR THE EVENT. THE COMMUNITY'S GO GREEN COMMITTEE BEGAN A PARTNERSHIP WITH THE SOUTHERN MARYLAND OYSTER CULTIVATION SOCIETY RAISING NEW OYSTERS TO AID IN CHESAPEAKE BAY CLEAN-UP EFFORTS. IN THIS PROGRAM, RESIDENTS RECEIVE JUVENILE OYSTERS FROM SMOCS AND SUBMERGE THEM IN CAGES OFF THE COMMUNITY'S DOCK. RESIDENTS PERIODICALLY RAISE AND CLEAN ALGAE FROM THE CAGES, ENSURING THE OYSTER'S GROWTH. AFTER ONE YEAR, THE MORE MATURE OYSTERS ARE REMOVED FROM THE CAGES AND TRANSPLANTED ON THE COMMUNITY'S BREAKWATER, WHERE THEY WILL HELP FILTER THE RIVER WATER WHICH EVENTUALLY FLOWS INTO THE CHESAPEAKE BAY. CAMPUS STAFF ORGANIZED A SUPPORT GROUP FOR CAREGIVERS AND FAMILY MEMBERS OF PATIENTS WITH ALZHEIMER'S AND DONATED ROOM SPACE FOR THE MEETINGS THROUGHOUT THE YEAR. HELD MONTHLY CANNED FOOD DRIVES TO BENEFIT THE RANDLE CLIFF COMMUNITY CHURCH FOOD PANTRY, COLLECTING NEARLY $10,000 WORTH OF FOOD. CAMPUS STAFF MEMBERS PROVIDED FUNDRAISING ADVICE TO THE U.S. NAVAL AIR MUSEUM AT PATUXENT RIVER, JUDGED A LOCAL ARTS FESTIVAL, AND SERVED ON THE CALVERT COUNTY CHAMBER OF COMMERCE. | FORM 990, PART III, LINE 4 | |
| 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 SOLOMONS, 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 2010 CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR ASBURY COMMUNITIES, INC. HAD TOTAL REVENUES OF $162.1 MILLION AND TOTAL ASSETS IN EXCESS OF $540 MILLION. | FORM 990, PART VII, SECTION A | |
| SCHEDULE K - ALLOCATION OF TOTAL PROCEEDS OF ISSUE (SERIES 2009B MD BONDS) | 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 $43,820,000 AND IS ALLOCATED AS FOLLOWS: ASBURY ATLANTIC, INC. $17,884,081 ASBURY SOLOMONS, INC. $25,935,919 | FORM 990, SCHEDULE K, PART II |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| ASBURY COMMUNITIES INC | ||||||||||
| 20030 CENTURY BOULEVARD | GERMANTOWN | MD | 20874 | 521862677 | MANAGEMENT SERVICES | MD | 501(C) (3) | #11 | N/A | 0 |
| ASBURY FOUNDATION INC | ||||||||||
| 20030 CENTURY BOULEVARD | GERMANTOWN | MD | 20874 | 521862674 | RAISING FUNDS FOR CHARITY CARE | MD | 501(C) (3) | #11 | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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