2011-07-18T15:09:48-07:00 2010-12-31 990 2010-01-01 231381404 PHI PHI 7175028840 One Trinity Drive East Suite 201 Dillsburg PA 170198522 Jeffrey Davis 7175028840 2011-08-31 2010 2016-02-24 21:20:13Z Presbyterian Senior Living Stephen Proctor One Trinity Drive East Suite 201 Dillsburg PA 170198522 18069390 0 X www.presbyterianseniorliving.org X 1997 PA To offer Christian understanding, compassion and a sense of belonging to those whose needs may be physical, psychological, social, financial or spiritual in nature, by providing a full range of high-quality health care, housing, and other related community services directed primarily to seniors and which contribute to the wholeness of body, mind and spirit. 18 17 138 1721 94747 0 1198528 327229 13545655 15188627 290539 235134 0 0 15034722 15750990 0 0 0 0 7334663 10195564 0 0 799070 7789005 6558861 15123668 16754425 -88946 -1003435 42200929 45129817 37869727 44283648 4331202 846169 Provide management support services for affiliates, which include nursing homes, assisted living facilities, continuing care retirement communities and low income housing facilities, aloowing them to focus on quality of care for the residents. These management services include intercompany loans and fundraising expenses for its subsidiaries. (18 subsidiaries) 0 0 15531893 0 15188627 The organization considers its primary program to be general and administrative in nature. PHI, d.b.a. Presbyterian Senior Living provides management support services for nursing homes, assisted living facilities, continuing care retirement communities and low income housing facilities. These managment services include intercompany loans and fundraising expenses for the 18 subsidiaries. 0 0 0 15531893 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 1 1 0 0 1 68 0 1 138 1 1 1 0 0 0 0 0 X 18 17 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 1 1 PA X Jeffrey J Davis 7175028840 One Trinity Drive East Suite 201 Dillsburg PA 17019 Thomas Beaver III 5 X 0 0 0 John Fargnoli 5 X 0 0 0 Ann Fedorchak 5 X 0 0 0 John Frye Jr 5 X 0 0 0 George Glen 5 X 0 0 0 Alf Halvorson 5 X 0 0 0 Robert A Hormell 5 X X 0 0 0 Sharon Kelly 5 X 0 0 0 Howard Livingston 5 X 0 0 0 LeRoy Maxwell 5 X 0 0 0 Susan McCarter 5 X 0 0 0 Philip Miller 5 X X 0 0 0 William Parham Jr 5 X 0 0 0 Kathy Pearson 5 X 0 0 0 Susan Weiss 5 X 0 0 0 David Wolff 5 X 0 0 0 Nancy Deibler 5 X 51247 0 6682 Stephen Proctor 40 X X 415134 0 20586 MaryAnne Adamczyk 40 X X 213478 0 21059 Jeffrey J Davis 40 X X 252341 0 20571 Donna Casner 40 X X 132313 0 9637 James Bernardo 40 X 261423 0 20586 Louise Sobke 40 X 154508 0 5523 Victoria Hess 40 X 145934 0 5211 Cyndi Walters 40 X 145166 0 17064 Diane Burfiendt 40 X 141677 0 19304 Louis Varella 40 X 126601 0 7464 Dan Davis Jr 40 X 126377 0 16321 2166199 0 170008 19 0 1 0 Chester C Snavely PO Box 0888 Camp Hill PA 17001 Property Management 662848 McNees Wallace & Nurick PO Box 1166 Harrisburg PA 17108 Legal Services 329919 The Ulitmate Software Group Inc 1485 North Park Drive Weston FL 33326 Payroll software and support 151385 Brenner Nissan 6271 Carlisle Pike Mechanicsburg PA 17055 Automotive 154251 Fulton Press Three Falcon Lane Flyway Business Park Litiz PA 17543 Printing 107261 0 0 0 0 0 161851 165378 350 327229 Management Fee Income 561000 13734448 13639701 94747 0 Developers Fee Income 531390 1454179 1454179 0 0 0 0 0 0 15188627 363538 289138 0 74400 0 0 0 0 0 0 0 0 0 0 2189996 0 2318400 0 -128404 0 -128404 0 0 -128404 0 0 0 0 15750990 15383018 94747 -54004 0 0 0 0 0 0 0 0 2166199 2026870 56302 83027 0 0 0 0 6090386 5523113 153420 413853 208852 190978 5305 12569 1202633 1101692 30603 70338 527494 483442 13429 30623 0 0 0 0 624027 607161 16866 0 343941 334645 9296 0 0 0 0 0 0 0 1500 1459 41 0 932767 882976 24527 25264 34087 4589 0 29498 940778 829829 23050 87899 1825139 1775811 49328 0 0 0 0 0 744673 717387 18663 8623 299035 257581 7155 34299 0 0 0 0 32247 29349 815 2083 65736 63959 1664 113 0 0 0 0 485062 471953 12277 832 28498 27728 721 49 Contribution expense 88663 88663 0 Bad debt expense 112708 112708 0 0 0 0 0 0 16754425 15531893 423462 799070 400 400 31428 5114876 0 0 782313 284149 0 0 0 11800994 12373760 0 0 170605 173550 4898066 1570920 3097181 3327146 2428215 836217 0 0 23889793 23019719 42200929 45129817 1645618 2370389 0 0 0 0 0 0 0 0 0 999384 4904621 35224725 37008638 37869727 44283648 X 4323202 834944 8000 11225 0 0 4331202 846169 42200929 45129817 X -1003435 -2481598 X 0 1 1 X 0 X 30427 28716 54500 1198528 327229 1639400 9660559 10573857 10626686 13545655 15188627 59595384 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 9690986 10602573 10681186 14744183 15515856 61234784 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 61234784 479278 509220 437402 346728 363538 2136166 0 0 0 0 0 0 479278 509220 437402 346728 363538 2136166 0 0 0 0 0 0 0 0 0 0 0 0 10170264 11111793 11118588 15090911 15879394 63370950 0.96629 0.96059 0.03371 0.03941 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 152858 152858 0 0 0 0 0 511257 114253 397004 0 662597 164658 497939 0 3571354 1292009 2279345 3327146 Assets under capital leases 67687 Due to/from affiliates 22952032 23019719 0 Capital lease obligation 68838 Annuities payable 424014 Due to affliates 36515786 37008638 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. X X X X 0 0 0 1 1 1 1 0 0 Stephen Proctor 413737 0 0 0 1397 0 7350 0 13236 0 435720 0 0 0 MaryAnne Adamczyk 211111 0 0 0 2367 0 6492 0 14567 0 234537 0 0 0 Jeffrey J Davis 250753 0 0 0 1588 0 7350 0 13221 0 272912 0 0 0 Donna Casner 132313 0 0 0 0 0 4000 0 5637 0 141950 0 0 0 James Bernardo 260890 0 0 0 533 0 7350 0 13236 0 282009 0 0 0 Louise Sobke 154401 0 0 0 107 0 4597 0 926 0 160031 0 0 0 Victoria Hess 145934 0 0 0 0 0 4323 0 888 0 151145 0 0 0 Cyndi Walters 144850 0 0 0 316 0 4429 0 12635 0 162230 0 0 0 Diane Burfiendt 141552 0 0 0 125 0 4346 0 14958 0 160981 0 0 0 Louis Varella 126601 0 0 0 0 0 2050 0 5414 0 134065 0 0 0 Dan Davis Jr 126185 0 0 0 192 0 3883 0 12438 0 142698 0 0 0 Nancy Deibler 51247 0 0 0 0 0 1480 0 5202 0 57929 0 0 0 SchJ_P01_S00_L03 Schedule J, Part I, Line 3 Salaries for executives are determined based on comparative data from AASHA's sponsored salary survey called CEMO Leadership Compensation Survey. These salaries are then approved by the Board of Directors. For highest paid employees, salaries are set during the budgeting process by the executive directors of each facility in conjunction with the Controller and Chief Financial Officer. These wages are also compared to market studies and are approved, in total, by the board. SchJ_P01_S00_L05 Schedule J, Part I, Line 5 Executive staff 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 Executive staff 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. David Wolff Board Member and VP of Kressler, Wolff and Miller Inc 191372 Kressler, Wolff and Miller are the Health Insurance brokers for Presbyterian Senior Living and all of its affiliates 0 Robert Hormell Board Chair and First National Bank Board memeber 698989 Repayment PHI affiliate loans with First National Bank 0 LeRoy Maxwell Board Member and M&T Regional Board member 246950 Repayments of loans by PHI affiliate to M&T bank 0 F990_P06_S0B_L11a Form 990, Part VI, Section B, Line 11a A copy of the 990 was provided to the organization's audit committee prior to the submission. It was reviewed in detail prior ro the audit committee meeting by the Chief Financial Officer and other top executives. F990_P06_S0B_L12c Form 990, Part VI, Section B, Line 12c The compliance department annually reviews the conflict of interest disclosures remitted from the officers, directors and key employees to update and monitor any changes that could cause a potential conflict of interest. F990_P06_S0B_L15 Form 990, Part VI, Section B, Line 15 Salaries for executives are determined based on comparative data from AASHA's sponsored salary survey called CEMO Leadership Compensation Survey. These salaries are then approved by the Board of Directors. For highest paid employees, salaries are set during the budgeting process by the executive directors of each facility in conjunction with the Controller and Chief Financial Officer. These wages are also compared to market studies and are approved, in total, by the board. F990_P06_S0C_L19 Form 990, Part VI, Section C, Line 19 Presbyterian Senior Living and all of its affiliates are working hard to promote transparency. Therefore, current month/quarterly financial statements are posted right on the PSL website, along with census and year end audits. Its governing documents and conflict of interest policy are made available to the public upon request. F990_P11_S00_L05 Form 990, Part XI, Line 5 Unrealized loss on marketable securities ($201,784), equity received from tax credit limited partner ($2,548,350), correction of error to affect beginning net assets $268,536 Glen Meadows Foundation Inc 11630 Glen Arm Road Glen Arm MD 21057 521990463 Fundraising for Glen Meadows Retirement Community PA 501(c)(3) 7 PHI dba Presbyerian Senior Living 0 The Long Home One Trinity Drive East Suite 201 Dillsburg PA 17019 231352360 Private Foundation of The Long Community PA 501(c)(3) PF PHI dba Presbyterian Senior Living 0 PHI Presbyterian Homes Inc One Trinity Drive East Suite 201 Dillsburg PA 17019 232941518 Continuing Care PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 0 PHI Glen Meadows Retirement Community 11630 Glen Arm Road Glen Arm MD 21057 522119125 Continuing Care PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 0 PHI everyday LIFE 2045 Westgate Drive Suite 100 Bethlehem PA 180177487 364599810 LIFE program PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 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 PHI dba Presbyterian Senior Living 0 PHI The Long Community 200 West End Avenue Lancaster PA 17603 943446933 Assisted Living PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 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 PHI dba Presbyterian Senior Living 0 PHI Presbyterian Homes in the Presbytery of Huntingdon 120 Holliday Hills Drive Hollidaysburg PA 16648 231352512 Continuing Care PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 0 PHI Presb Hms in the Presb of Hntnd Fnd PO Box 595 Hollidaysburg PA 166480595 201195007 Fundraising for Presb Hms in the Presb of Hntnd PA 501(c)(3) 7 PHI PHI dba Presbyterian Senior Living 0 PHI Quincy Retirement Community 6596 Orphanage Road Quincy PA 17247 231173321 Continuing Care PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 0 PHI Presbyterian Apartments 322 North Second Street Harrisburg PA 17101 231660433 Low income housing PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 0 PHI Geneva House 325 Adams Ave Scranton PA 18503 231883381 Low income housing PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 0 PHI Presbyterian Senior Living Services Inc 11630 Glen Arm Road Glen Arm MD 21057 522133513 Continuing Care PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 0 PHI Presbyterian Senior Living Housing Management Corporation One Trinity Drive East Suite 201 Dillsburg PA 17019 800536225 Low income housing management services PA 501(c)(3) 9 PHI PHI dba Presbyterian Senior Living 0 Westminster Place at Parkesburg LP One Trinity Drive East Suite 201 Dillsburg PA 17019 208766428 Low Income Housing PA Westminster Place at Parkesburg Inc Related 0 1 Schartner House Associates LP One Trinity Drive East Suite 201 Dillsburg PA 17019 204747882 Low income housing PA Schartner House Associates Related 0 1 Westminster Place at Windy Hill Village LP I One Trinity Drive East Suite 201 Dillsburg PA 17019 270683872 Low income housing PA Westminster Place at Windy Hill Village Related 0 1 Westminster Place at Carroll Village LP One Trinity Drive East Suite 201 Dillsburg PA 17019 270488126 Low income housing PA Westminster Place at Carroll Village Related 0 1 Westminster Place at Bloomsburg One Trinity Drive East Suite 201 Dillsburg PA 17019 900536078 Low income housing PA Westminster Place at Bloomsburg GP Inc Related 0 1 PHI Services Inc One Trinity Drive East Suite 201 Dillsburg PA 17019 134357222 Advertising PA PHI C 1 Schartner House Inc 1271 Gettysburg Pike Dillsburg PA 17019 861161245 Low income housing PA PHI C 1 Westminster Place at Parkesburg One Trinity Drive East Suite 201 Dillsburg PA 17019 208765826 Low income housing PA PHI C 1 Westminster Place at Windy Hill Inc One Trinity Drive East Suite 201 Dillsburg PA 17019 800438848 Low income housing PA PHI C 1 Westminster Place at Carroll Village Inc One Trinity Drive East Suite 201 Dillsburg PA 17019 562642596 Low income housing PA PHI C 1 Westminster Place at Bloomsburg GP Inc One Trinity Drive East Suite 201 Dillsburg PA 17019 010945558 Low income housing PA PHI C 1 Westminster Place at Stewartstown Inc One Trinity Drive East Suite 201 Dillsburg PA 17019 800499627 Low income housing PA N/A C 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 1 Westminster Place at Parkesburg LP a-i 201829 Interest based on debt agreements between Westminster Place at Parkesburg and PHI Westminster Place at Parkesburg LP r 444153 Actual cash transferred Westminster Place at Parkesburg LP p 619368 Actual reimbursement made for expenses incurred based on invoices PHI Services Inc p 99103 Actual reimbursement made for expenses incurred based on invoices Schartner House Associates LP a-i 85126 Interest is based on actual debt agreement made between Schartner House and PHI Schartner House Associates LP d 83606 Interest at 12/31/2009 is added to the loan amount due PHI Presbyterian Senior Living Housing Management Corporation n 211543 Hours worked by the employee at the corporation time their pay rate plus taxes on the wages. PHI Presbyterian Homes Inc n 84614 Hours worked by the employee at the corporation time their pay rate plus taxes on the wages. PHI everyday LIFE q 343650 Actual cash transferred PHI Presbyterian Senior Living Services Inc q 3655548 Actual cash transferred Westminster Place at Windy Hill Village LP I q 139436 Actual cash transferred Westminster Place at Carroll Village LP r 438610 Actual cash transferred PHI PHI Bloomsburg Senior Care Inc q 222117 Actual cash transferred PHI PHI Bloomsburg Senior Care Inc r 179000 Actual cash transferred PHI PHI Investment Management Services Inc r 3000000 Actual cash transferred PHI The Long Community q 479569 Actual cash transferred PHI Quincy Retirement Community r 2625379 Actual cash transferred PHI Presbyterian Homes Inc r 7167765 Actual cash transferred PHI everyday LIFE o 197421 Actual reimbursement made for expenses incurred based on invoices PHI Presbyterian Senior Living Services Inc o 425227 Actual reimbursement made for expenses incurred based on invoices PHI PHI Investment Management Services Inc p 53517 Actual reimbursement made for expenses incurred based on invoices PHI The Long Community o 124311 Actual reimbursement made for expenses incurred based on invoices PHI Quincy Retirement Community o 1461895 Actual reimbursement made for expenses incurred based on invoices PHI Presbyterian Homes in the Presbytery of Huntingdon p 1869030 Actual reimbursement made for expenses incurred based on invoices PHI Presbyterian Homes Inc o 5756232 Actual reimbursement made for expenses incurred based on invoices Westminster Place at Carroll Village LP d 154575 Money owed to PHI dba Presbyterian Senior Living for construction costs (actual invoices) Westminster Place at Bloomsburg d 187568 Bridge loan, amount based on actual loan given