2011-02-07T13:15:23-06:00 2010-06-30 CANON CAPITAL CPA'S 357 MAIN ST SOUDERTON PA 18964 990 2009-07-01 232132688 ELM TERRACE GARDENS ELMT 2153615600 660 N BROAD STREET LANSDALE PA 19446 ROBERT MCLAIN 2153615600 2011-02-07 true SHERRI SCHAEFFER 2157234881 2011-02-07 2009 2016-02-24 21:20:13Z EXTENSION GRANTED TO 21511 ROBERT LOVELACE 660 N BROAD STREET LANSDALE PA 19446 13505313 false X WWW.ETG-CCRC.ORG X 1979 PA ELM TERRACE GARDENS STRIVES TO PROVIDE QUALITY HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS OF ITS RETIREMENT FACILITY LOCATED IN LANSDALE, PA. 11 11 176 158 0 34148 42556 11882657 12822557 24510 -39613 76628 89874 12017943 12915374 0 0 5294866 5488434 0 0 6914688 6820688 12209554 12309122 -191611 606252 26930118 25740601 26414991 24555530 515127 1185071 ELM TERRACE GARDENS STRIVES TO PROVIDE QUALITY HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS OF ITS RETIREMENT FACILITY LOCATED IN LANSDALE, PA. false false 10883078 12822557 ELM TERRACE GARDENS PROVIDES QUALITY NURSING AND RESIDENTIAL CARE TO RESIDENTS OF ITS RETIREMENT COMMUNITY CONTAINING 126 INDEPENDENT LIVING UNITS, 61 PERSONAL CARE UNITS AND 72 NURSING BEDS. APPROXIMATELY 250 RESIDENTS WERE SERVED DURING THE YEAR. 10883078 true true false false false false false false false true true false false false false false false false false false false false false true false false false false false false true false false false false false false false false false false false 6 0 true 176 true false false false false false 11 11 false false false false false false false true true false false true true true true true false true true false PA X X ROBERT MCLAIN 2153615600 660 N BROAD ST LANSDALE PA 19446 CLIFFORD STOUT 2.00 X X 0 0 0 JOHN HENLEY 2.00 X X 0 0 0 HAROLD MATHUES 2.00 X X 0 0 0 JOAN SANTOS 2.00 X X 0 0 0 KENNETH AHRENSFIELD 2.00 X 0 0 0 REV DR KENT BERGHUIS 2.00 X 0 0 0 JACKIE CANNON 2.00 X 0 0 0 HEIDI GEVARD 2.00 X 0 0 0 DON HELPA 2.00 X 0 0 0 QUINCY LONGACRE 2.00 X 0 0 0 ELIZABETH SMITH 2.00 X 0 0 0 ROBERT LOVELACE 40.00 X 152004 0 9424 ROBERT MCLAIN 40.00 X 124868 0 14524 276872 23948 2 false true false MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30368 FOOD SERVICES 2209009 GENESIS REHAB SERVICES WO 225 PO BOX 777 PHILADELPHIA PA 19175 PHYSICAL THERAP 552749 CONTRACT PHARMACY SERV 125 TITUS AVE WARRINGTON PA 18976 PHARMACY SERV 377794 PENN BUILDERS INC PO BOX 18 QUAKERTOWN PA 18951 CONTRACTOR 260291 4 42556 42556 CARE FEES 623000 12822557 12822557 12822557 20655 20655 59417 23131 36286 36286 36286 481453 541721 -60268 -60268 -60268 19840 25087 -5247 -5247 TELEPHONE SERVICE REV. 18036 18036 GUEST QUARTERS AND MEALS 14173 14173 LAUNDRY INCOME 12947 12947 13679 13679 58835 12915374 12876145 -3327 340951 340951 3992032 3541589 450443 120793 98731 22062 654256 534759 119497 380402 310925 69477 44197 44197 20750 20750 6770 6770 2913980 2865737 48243 100860 100860 26129 26129 795836 795836 18484 18484 639747 639747 1107267 1107267 104897 104897 SUPPLIES 498906 498906 REPAIRS AND MAINTENANCE 325828 284147 41681 TELEPHONE 47961 47961 RENTED/LEASED EQUIPMENT 45866 25626 20240 CABLE SERVICES 32795 32795 90415 42116 48299 12309122 10883078 1426044 0 5120 24209 497906 336780 1048288 546829 28827 25828 75311 74397 31415574 7577457 24558122 23838117 715626 893523 918 918 26930118 25740601 782150 922807 287506 292071 14440213 13006778 10905122 10333874 26414991 24555530 X 514209 1184153 918 918 515127 1185071 26930118 25740601 X false true true false X 63141 72770 51854 34148 42556 264469 9770892 10319717 11684051 11935566 12881059 56591285 9834033 10392487 11735905 11969714 12923615 56855754 56855754 88984 107897 95223 80430 80072 452606 88984 107897 95223 80430 80072 452606 12554 9690 10963 24185 20173 77565 9935571 10510074 11842091 12074329 13023860 57385925 0.99080 0.99000 0.01000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false 1402768 1402768 28892694 6889985 22002709 1117112 687472 429640 3000 3000 23838117 EARNABLE ENTRANCE FEES 10155460 REFUNDABLE ENTRANCE FEES 178414 10333874 12915374 12309122 606252 138692 -75000 63692 669944 13041814 138692 -12252 126440 12915374 12915374 12371870 62748 62748 12309122 12309122 RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 INVESTMENT FEES NETTED ON FINANCIAL STATEMENT -6,770 ESCORT EXP NETTED ON FINANCIAL STATEMENT -5,482 INVESTOR FEES NETTED ON FINANCIAL STATEMENT 6,770 PROVISION FOR UNCOLLECTIBLE ACCOUNTS -75,000 ESCORT FEES NETTED ON FINANCIAL STATEMENT 5,482 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D INVESTMENT FEES NETTED ON FINANCIAL STATEMENT -6,770 ESCORT EXP NETTED ON FINANCIAL STATEMENT -5,482 EXPENSE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XIII, LINE 2D INVESTOR FEES NETTED ON FINANCIAL STATEMENT -6,770 PROVISION FOR UNCOLLECTIBLE ACCOUNTS 75,000 ESCORT FEES NETTED ON FINANCIAL STATEMENT -5,482 X X false false false false false true false false false ROBERT LOVELACE 128029 23975 9424 161428 COMPENSATION CONTINGENT UPON NET EARNINGS OF ORGANIZATION SCHEDULE J, PAGE 1, PART I, LINE 6A INCENTIVE COMPENSATION IS BASED 40% ON QUANTITATIVE GOALS AND 60% ON QUALITATIVE GOALS. QUALITATIVE GOALS INCLUDE RESIDENT AND EMPLOYEE SATISFACTION, SURVEY COMPARISONS, COMPLIANCE WITH REGULATIONS AND ADHERENCE TO STRATEGIC PLANNING. TOTAL INCENTIVE COMPENSATION CANNOT EXCEED 20% OF THE OFFICER'S BASE COMPENSATION. JASON LOVELACE SON OF PRESIDEN 40021 COMPENSATION AS DIR false OF TECH AND INFO false MARGARET LOVELACE DAUGHTER IN LAW 35158 COMPENSATION AS ASST false TO PRESIDENT DIRECTOR OF ACTIVIT false ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11 THE FORM 990 IS REVIEWED BY THE VICE PRESIDENT AND THE BOARD PRIOR TO ITS FILING WITH THE INTERNAL REVENUE SERVICE. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION QUESTIONS THE OFFICERS AND BOARD OF DIRECTORS QUARTERLY ON POTENTIAL CONFLICTS OF INTEREST, HOWEVER OFFICERS AND BOARD MEMBERS ARE EXPECTED TO REPORT ANY POTENTIAL CONFLICTS AS SOON AS THEY ARE REALIZED. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION USES THE PANPHA SALARY SURVEY INFORMATION FOR SE PA FOR AID IN THE DETERMINATION OF ALL EMPLOYEE COMPENSATION. THE CEO COMPENSATION IS ADDITIONALLY APPROVED BY THE BOARD. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION USES PANPHA SALARY SURVEY INFORMATION FOR SE PA TO AID IN THE DETERMINATION OF COMPENSATION. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 NO DOCUMENTS AVAILABLE TO THE PUBLIC ADDITIONAL INFORMATION SCHEDULE O FORM 990, PART VI, LINE 19 - AVAILABILITY OF DOCUMENTS THE ORGANIZATION HAS ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FINANCIAL STATEMENT IS INCLUDED IN THE DISCLOSURE STATEMENT GIVEN TO EXISTING AND PROSPECTIVE RESIDENTS. COPY OF FORM 990S ARE ALSO AVAILABLE ON GUIDESTAR'S WEBSITE.