2011-07-19T09:33:27-07:00 2010-12-31 990 2010-01-01 521990463 GLEN MEADOWS FOUNDATION INC GLEN 7175028840 11630 Glen Arm Road Glen Arm MD 210579403 Jeffrey Davis 7175028886 2011-05-16 2010 2016-03-07 17:11:31Z William Parham 11630 Glen Arm Road Glen Arm MD 21057 252979 0 X www.glenmeadows.org X 1999 MD The foundation raises funds given exclusively to Presbyterian Senior Living Services for various items of support, which benefit all residents in the community. Items purchased in 2010 include flowers for the gardens, a vehicle and two scholarships. (267 residents) 10 10 0 10 0 0 19128 88891 0 0 22401 -7118 -14662 0 26867 81773 20200 74526 0 0 0 0 0 0 0 0 0 20200 74526 6667 7247 659680 804432 0 0 659680 804432 The foundation raises funds given exclusively to Presbyterian Senior Living Services for various items of support, which benefit all residents in the community. Items purchased in 2010 include flowers for the gardens, a vehicle and two scholarships. (267 residents) 0 0 74526 81773 The foundation raises funds given exclusively to Presbyterian Senior Living Services for various items of support, which benefit all residents in the community. 0 0 0 74526 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 MD X X Jeffrey J Davis 7175028840 One Trinity Drive East Suite 201 Dillsburg PA 17019 Joe Credit 1 X 0 0 0 Ann Fedorchak 1 X 0 0 0 Ann Smith 1 X 0 0 0 Ellen Smith 1 X 0 0 0 Al Srnec 1 X 0 0 0 William Parham 1 X 0 0 0 J William Middelton 1 X 0 0 0 Laurel Shaffer 1 X 0 108264 11639 Jeffrey J Davis 1 X 0 252341 20571 Malynda Hivner 1 X 0 87778 15046 0 448383 47256 0 0 1 0 0 0 0 0 0 0 88891 0 88891 0 25610 0 0 25610 0 0 0 0 0 0 0 0 0 0 138478 0 171206 0 -32728 0 -32728 0 0 -32728 0 0 81773 0 0 -7118 74526 74526 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 74526 74526 0 0 28108 70233 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 631572 734199 0 0 0 0 0 0 0 0 659680 804432 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 171485 295230 150345 145098 337850 364104 659680 804432 659680 804432 X 7247 137505 X 0 1 1 X 0 X 41634 22733 15031 19128 88891 187417 0 0 0 0 0 0 0 0 0 0 0 0 41634 22733 15031 19128 88891 187417 0 187417 14613 20234 25301 22401 25610 108159 0 0 0 0 0 0 0 0 0 0 0 0 295576 0 0.63407 0.57709 X 0 0 SchD_P10_S00_L02 Schedule D, Part X, Line 2 The Corporation follows the Financial Accounting Standards Board (FASB) accounting standard for accounting for uncertainty in income taxes. This standard clarifies the accounting for uncertainty in income taxes in a company's consolidated financial statements and prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. The standard also provides guidance on derecognition, classification, interest and penalties, and disclosure. Management has determined that this standard does not have a material impact on the consolidated financial statements. 1 Presbyterian Senior Living Services Inc 11630 Glen Arm Road Glen Arm MD 210579703 522133513 501(c)(3) 74526 0 The money was given to Presbyterian Senior Living Services, Inc., for various items of support, which benefit all the residents in the community. In 2010, the organization purchased flowers for the gardens, a vehicle and two scholarships to benefit the 267 residents. 1 0 SchI_P01_S00_L02 Schedule I, Part I, Line 2 Funds that are raised by the foundation can be used by Presbyterian Senior Living Services Inc for the benefit of all residents. When the organization wishes to purchase an item the fundraising team at PHI dba Presbyterian Senior Living is notified. Once the item is purchased, the reciepts are submitted to PHI dba Presbyterian Senior Living for record keeping purposes. These funds are tracked on a monthly basis. 0 0 0 0 1 0 1 0 0 Jeffrey J Davis 0 251765 0 0 0 0 0 22000 0 3306 0 277071 0 0 Laurel Shaffer 0 110224 0 0 0 0 0 3326 0 2909 0 116459 0 0 Malynda Hivner 0 76863 0 0 0 0 0 12000 0 1700 0 90563 0 0 SchJ_P01_S00_L03 Schedule J, Part I, Line 3 The Glen Meadows Foundation does not have any employees. SchJ_P01_S00_L05 Schedule J, Part I, Line 5 The executive staff of PHI dba Presbyterian Senior Living is given an incentive plan based on financial goals, growth and development goals, as well as, quality and satisfaction goals. These goals need to be met not only at the corporate level, but also at a percentage of the related organizations. For revenue, Presbyterian Senior Living must meet an operating margin greater than -2%. 86% of the major facilities with the corporate organization must meet or exceed budgeted excess income and in total all of the facilities must exceed budgeted income. SchJ_P01_S00_L06 Schedule J, Part I, Line 6 The executive staff of PHI dba Presbyterian Senior Living is given an incentive plan based on financial goals, growth and development goals, as well as, quality and satisfaction goals. These goals need to be met not only at the corporate level, but also at a percentage of the related organizations. For revenue, Presbyterian Senior Living must meet an operating margin greater than -2%. 86% of the major facilities with the corporate organization must meet or exceed budgeted excess income and in total all of the facilities must exceed budgeted income. F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a A copy of the 990 was provided to the Glen Meadows Foundation's Board of Directors, as well as, the PHI's audit committee prior to submission. It was reviewed in detail prior to the board reviews by the Chief Financial Officer and other top executives of PHI. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The compliance department at PHI dba Presbyterian Senior Living annually reviews the conflict of interest disclosures remitted for the officers and directors to update and monitor any changes that could cause a potential conflict of interest. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 PHI dba Presbyterian Senior Living and all of its affiliates are working hard to promote transparency. Therefore, current month/quarter financial statements are posted on the PSL website, along with census data, and year-end audits. The foundation's statements are posted as a part of the Presbyterian Senior Living Services Inc consoldiated financials. Its governing documents and conflict of interest policy are made available upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized gain on investments PHI Presbyterian Senior Living Services Inc 11630 Glen Arm Road Glen Arm MD 210579403 522133513 Continuing care retirement community MD 501(c)(3) 9 PHI 0 PHI Glen Meadows Retirement Community Inc 11630 Glen Arm Road Glen Arm MD 210579403 522119125 Continuing care retirement community MD 501(c)(3) 9 PHI PHI PHI dba Presbyterian Senior Living One Trinity Drive East Suite 201 Dillsburg PA 170198522 231381404 Parent Management Company PA 501(c)(3) 9 N/A 0 PHI Presbyterian Homes Inc One Trinity Drive East Suite 201 Dillsburg PA 17019 232941518 Continuing care PA 501(c)(3) 9 PHI 0 PHI Presbyterian Homes in the Presbytery of Huntingdon 120 Holliday Hills Drive PO Box 595 Hollidaysburg PA 16648 231352512 Continuing care retirement community PA 501(c)(3) 9 PHI 0 PHI Presbyterian Homes in the Presbytery of Huntingdon Foundation 120 Holliday Hills Drive PO Box 595 Hollidaysburg PA 16648 201195007 Foundation for Presbyterian Homes in the Presbytery of Huntingdon PA 501(c)(3) 9 PHI 0 PHI Quincy Retirement Community 6596 Orphanage Road Quincy PA 17247 231173321 Continuing care retirement community PA 501(c)(3) 9 PHI 0 PHI Presbyterian Apartments 322 North Second Street Harrisburg PA 17101 231660433 Low income housing PA 501(c)(3) 9 PHI 0 PHI Geneva House 325 Adams Ave Scranton PA 18503 231883381 Low income housing PA 501(c)(3) 9 PHI 0 PHI everyday LIFE 2045 Westgate Drive Bethlehem PA 180177487 364599810 LIFE Program PA 501(c)(3) 9 PHI 0 PHI PHI Investment Management Services Inc One Trinity Drive East Suite 201 Dillsburg PA 17019 743247363 Investment services PA 501(c)(3) 9 PHI 0 The Long Community 200 West End Avenue Lancaster PA 17603 943446933 Personal Care PA 501(c)(3) 9 PHI 0 PHI PHI Bloomsburg Senior Care Inc One Trinity Drive East Suite 201 Dillsburg PA 17019 900450625 Senior living care PA 501(c)(3) 9 PHI 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PHI Presbyterian Senior Living Services Inc b 74526