2026-04-30T14:24:04-05:00 2025-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2025-01-01 232366563 NEW HERITAGE TOWERS NEWH 2153540565 626 JACKSONVILLE ROAD 200 WARMINSTER PA 18974 JEFF PETTY CHIEF FINANCIAL OFFICER 2153540565 2026-04-27 1 KERRI N BOGDA P00760402 7177404863 2026-04-27 2025 2025-03-06 01:10:19Z WESLEY ENHANCED LIVING DOYLESTOWN JEFF PETTY 626 JACKSONVILLE ROAD 200 WARMINSTER PA 18974 22709055 0 3423 X WWW.WEL.ORG X 1984 PA THE ORGANIZATION OPERATES A NON-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, INCLUDING INDEPENDENT APARTMENTS, PERSONAL CARE APARTMENTS, AND A SKILLED NURSING FACILITY. 3 0 338 33 0 0 24099 7000 19011410 20223745 1312871 1000599 373066 385788 20721446 21617132 11488 87664 0 0 10132527 10250725 0 0 0 9027236 9529314 19171251 19867703 1550195 1749429 60601724 64334278 38733427 39567176 21868297 24767102 TO MAKE A COMPELLING DIFFERENCE IN THE LIVES OF OUR RESIDENTS THROUGH PROVIDING EXCELLENCE AND INNOVATION IN AGING SERVICES. 0 0 15065982 87664 20223745 THE ORGANIZATION OPERATES A NON-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, WHICH INCLUDES THREE LEVELS OF CARE: INDEPENDENT LIVING, PERSONAL CARE AND A SKILLED NURSING FACILITY CONSISTING OF 210 APARTMENTS, 66 PERSONAL CARE UNITS AND A 60 BED SKILLED NURSING FACILITY. THE COMMUNITY PROVIDES AGING SERVICES TO PROMOTE GENERAL HEALTH, WELFARE AND SECURITY FOR THE SENIOR RESIDENTS, AND TO PLAN AND DEVELOP NEW PROGRAMS AND SERVICES TO MEET THE EVOLVING SOCIAL, HEALTH AND PERSONAL NEEDS OF RESIDENTS. OCCUPANCY FOR THE YEAR WAS 93.41% FOR INDEPENDENT LIVING, 71.22% FOR PERSONAL CARE AND 89.68% FOR NURSING. 15065982 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 46 0 338 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X JEFF PETTY CHAIR 2153540565 626 JACKSONVILLE ROAD STE 200 WARMINSTER PA 18974 JEFF PETTY CHAIR 1.00 44.00 X X 0 977221 26891 SHELLEY BALLET SECRETARY/TREASURER 1.00 44.00 X X 0 395802 21916 LYNNE DUKERT EXECUTIVE DIRECTOR 40.00 0.00 X X 272079 0 14490 SHARON MARGULIES DIRECTOR OF RESIDENTIAL SALES 40.15 0.00 X 237192 0 15472 KELLY HERRMANN DIRECTOR OF HUMAN RESOURCES 40.00 0.00 X 109637 0 15158 YUEHHSIA CHEN REGISTERED NURSE 32.94 0.00 X 128834 0 16717 ANTHONY PELLITTA DIR FACILITY OPERATIONS 40.00 0.00 X 112282 0 15339 KATHLEEN PINZKA DIR PERSONAL CARE & RESIDENT SVCS. 40.00 0.00 X 113068 0 15189 973092 1373023 141172 8 0 1 0 INDUSTRIAL MECHANICAL CONTRACTORS INC 240 TANNER AVENUE HATBORO PA 19040 MECHANICAL CONTRACTOR 150233 1 7000 7000 HEALTH CENTER 623990 8036198 8036198 INDEPENDENT LIVING 623990 6257529 6257529 ENTRY FEE AMORTIZATION 623990 4087052 4087052 PERSONAL CARE 623990 1801111 1801111 ASSESSMENT REVENUE 623990 41855 41855 20223745 886335 886335 7146 0 7146 7146 7146 1206187 1091923 114264 114264 114264 COMPANION REVENUE 623990 166359 166359 DINING REVENUE 623990 145852 145852 THERAPIST OUTSOURCING 900099 48145 48145 18286 18286 378642 21617132 20223745 0 1386387 87664 87664 286569 286569 8135487 7189050 946437 221986 206974 15012 890493 883103 7390 716190 579790 136400 2562044 2562044 26517 26517 16183 16183 986255 814907 171348 102999 102999 587619 554969 32650 1259274 1238654 20620 10966 1345 9621 994287 795430 198857 1621308 1297046 324262 124882 124882 FOOD 814967 814967 MEDICAL SUPPLIES 280108 280108 BAD DEBT EXPENSE 74996 74996 BOOKS 22754 4027 18727 44155 31379 12776 19867703 15065982 4801721 0 275575 731633 575949 527325 220857 220240 34120916 14997364 19566703 19123552 17478291 19448452 22484349 24283076 60601724 64334278 2229837 2295945 16133885 17325130 19323254 18950074 419257 331230 627194 664797 38733427 39567176 X 21868297 24767102 21868297 24767102 60601724 64334278 1749429 1149376 0 X 0 1 X 1 0 X 1427857 66091 51519 24099 7000 1576566 16033542 17425192 18616866 19011410 20223745 91310755 17461399 17491283 18668385 19035509 20230745 92887321 0 0 0 92887321 571207 472648 355987 391166 893481 2684489 571207 472648 355987 391166 893481 2684489 628002 473243 398828 364911 378642 2243626 18660608 18437174 19423200 19791586 21502868 97815436 0.94960 0.94870 0.02740 0.02400 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2021 AMOUNT: $ 30,151. 2022 AMOUNT: $ 58,864. 2023 AMOUNT: $ 5,453. 2024 AMOUNT: $ 3,359. 2025 AMOUNT: $ 3,527. COMPANION REVENUE - 2021 AMOUNT: $ 512,833. 2022 AMOUNT: $ 293,307. 2023 AMOUNT: $ 230,292. 2024 AMOUNT: $ 162,741. 2025 AMOUNT: $ 166,359. DINING REVENUE - 2021 AMOUNT: $ 76,868. 2022 AMOUNT: $ 110,986. 2023 AMOUNT: $ 116,049. 2024 AMOUNT: $ 117,621. 2025 AMOUNT: $ 145,852. GUEST STAYS - 2021 AMOUNT: $ 3,000. 2022 AMOUNT: $ 5,645. 2023 AMOUNT: $ 11,025. 2024 AMOUNT: $ 14,600. 2025 AMOUNT: $ 9,700. APPLICATION FEES - 2021 AMOUNT: $ 200. FINANCE CHARGES - 2021 AMOUNT: $ 2,813. 2022 AMOUNT: $ 2,318. 2023 AMOUNT: $ 2,886. 2024 AMOUNT: $ 1,066. 2025 AMOUNT: $ 1,000. HOUSEKEEPING REVENUE - 2021 AMOUNT: $ 1,150. 2022 AMOUNT: $ 973. 2023 AMOUNT: $ 3,050. 2024 AMOUNT: $ 2,254. 2025 AMOUNT: $ 3,089. TRANSPORTATION - 2021 AMOUNT: $ 987. 2022 AMOUNT: $ 1,150. 2023 AMOUNT: $ 3,266. 2024 AMOUNT: $ 1,527. 2025 AMOUNT: $ 970. HOME HEALTH PROVIDER REVENUE - 2023 AMOUNT: $ 26,807. REBATES - 2024 AMOUNT: $ 29,007. THERAPIST OUTSOURCING - 2024 AMOUNT: $ 32,736. 2025 AMOUNT: $ 48,145. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 963078 963078 28744604 13214595 15530009 2279038 1616148 662890 2134196 166621 1967575 19123552 DUE FROM AFFILIATES 24281496 CASH HELD FOR RESIDENTS 1580 24283076 ENTRANCE FEE DEPOSITS 53533 REFUNDABLE ENTRANCE FEES 611264 664797 22678844 1149376 -87664 1061712 21617132 0 21617132 19780039 0 19780039 87664 87664 19867703 PART IV, LINE 2B: DEPOSITS INCLUDE SECURITY DEPOSITS, PRIORITY DEPOSITS, AND ENTRANCE FEE DEPOSITS RECEIVED FROM RESIDENTS. NO INTEREST ACCRUES ON THESE DEPOSITS AND THEY ARE REFUNDABLE, LESS ANY EXPENSES INCURRED ON BEHALF OF THE RESIDENT. PART XI, LINE 2D - OTHER ADJUSTMENTS: RESIDENT ASSISTANCE -87,664. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESIDENT ASSISTANCE 87,664. 1 MONTHLY FEE ASSISTANCE FOR INDEPENDENT OR PERSONAL CARE RESIDENTS 5 87664 0 N/A PART I, LINE 2: GRANT ASSISTANCE FOR RESIDENTS OF INDEPENDENT OR PERSONAL CARE ARE MADE BASED ON DEMONSTRATED FINANCIAL NEED. MANAGEMENT OF WESLEY ENHANCED LIVING REVIEWS THE SPECIFIC SITUATIONS FOR EACH RESIDENT WHO IS REQUESTING ASSISTANCE. MANAGEMENT MAKES THE DETERMINATION BASED ON THE INDIVIDUAL FINANCIAL NEEDS OF THE RESIDENTS. NO MONITORING IS REQUIRED - THE GRANTS ARE DIRECTLY APPLIED TO RESIDENTS' MONTHLY BILLS AND ACT TO DECREASE THE AMOUNT OWED BY THE RESIDENTS FOR THEIR MONTHLY FEES. 0 0 0 0 0 0 0 1 0 JEFF PETTY CHAIR 0 489900 0 421356 0 65965 0 14000 0 12891 0 1004112 0 0 SHELLEY BALLET SECRETARY/TREASURER 0 246817 0 136130 0 12855 0 10818 0 11098 0 417718 0 0 LYNNE DUKERT EXECUTIVE DIRECTOR 178649 0 93430 0 0 0 3359 0 11131 0 286569 0 0 0 SHARON MARGULIES DIRECTOR OF RESIDENTIAL SALES 120562 0 116630 0 0 0 4480 0 10992 0 252664 0 0 0 PART I, LINE 3 COMPENSATION FOR THE CEO AND HIS DIRECT REPORTS IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE WESLEY ENHANCED LIVING BOARD OF DIRECTORS. THE ORGANIZATION ANNUALLY ANALYZES DATA FROM THE FORMS 990 OF COMPETITIVE SIMILARLY SIZED, SIMILARLY LOCATED AGING SERVICES ORGANIZATIONS SUPPLEMENTED BY SALARY SURVEYS PROVIDED BY MEMBERSHIP ORGANIZATIONS AND PERIODICALLY BY 3RD PARTY CONSULTANTS. PART I, LINE 7 THE ORGANIZATION PROVIDES BONUSES TO KEY EXECUTIVES ON A DISCRETIONARY BASIS. THE BOARD OF DIRECTORS ESTABLISHES AND APPROVES A BONUS POOL WHICH REPRESENTS THE MOST THE EMPLOYEES MAY RECEIVE BASED UPON A PERCENTAGE OF THEIR BASE PAY AND SETS THE AWARD FOR THE PRESIDENT/CEO. THE PRESIDENT IS THEN TASKED WITH CONFERRING BONUSES ON OTHER ELIGIBLE EMPLOYEES BASED UPON THE MAXIMUM PERCENTAGE THAT HAS ALREADY BEEN DETERMINED BY THE BOARD. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 717824AR7 2017-08-15 18053909 REFUNDING AND CAPITAL PROJECTS 0 0 0 A 18054685 1061714 342666 5076000 11531835 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT DATE THE REBATE COMPUTATION WAS PERFORMED: 08/14/2022 SCHEDULE K, PARTS I AND II: THE BOND ISSUE WAS USED TO REFINANCE THE EXISTING BONDS IN THE OBLIGATED GROUP AND MAIN LINE. THE OBLIGATED GROUP CONSISTS OF MAPLE VILLAGE, NEW HERITAGE TOWERS, EVANGELICAL MANOR, AND STAPELEY. THE PROCEEDS WERE USED TO REFUND SERIES 2005, SERIES 2008, AND SERIES 2011 BONDS AND REFINANCE THE 2011 TERM LOAN. THE PROCEEDS WERE ALSO USED TO FINANCE CAPITAL PROJECTS, FUND CERTAIN RESIDENT REFUNDS, ACCOUNTS PAYABLE, AND INTEREST RATE SWAP TERMINATION PAYMENTS, AND PAY SOME COSTS OF THE ISSUANCE OF THE BONDS. SCHEDULE K, PARTS I AND II: PROCEEDS REPORTED ON PART II LINE 3 DIFFER FROM PART I DUE TO INVESTMENT EARNINGS. FORM 990, PART VI, SECTION A, LINE 6 WESLEY ENHANCED LIVING, THE PARENT ORGANIZATION, IS THE SOLE MEMBER OF THE FILING ENTITY. FORM 990, PART VI, SECTION A, LINE 7A WESLEY ENHANCED LIVING APPOINTS THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO THE APPROVAL BY THE BOARD OF DIRECTORS OF WESLEY ENHANCED LIVING: APPROVAL OF THE ANNUAL BUDGET, THE OCCURRENCE OF LOANS NOT INCLUDED IN THE APPROVED BUDGET, THE PURCHASE, SALE, OR LEASE BY OR TO THE CORPORATION OF REAL PROPERTY AND ANY AMENDMENT TO THE CORPORATION'S AMENDED AND RESTATED ARTICLES OF INCORPORATION OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE COMMITTEE OF WEL AND PRESENTED TO THE FULL BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND KEY STAFF ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY TO REVIEW DURING THE JANUARY BOARD MEETING. THE POLICY OUTLINES THE GUIDING PRINCIPLES OF THE POLICY AND DISCLOSURE REQUIREMENTS AND PROCEDURES FOR DEALING WITH CONFLICTS OF INTEREST. IN ADDITION, BOARD MEMBERS AND KEY STAFF ARE REQUIRED TO COMPLETE ANNUAL CONFLICTS OF INTEREST AND DISCLOSURE OF RELATED ACTIVITIES STATEMENTS. "RELATED" INDIVIDUALS SHALL NOT BE PLACED IN WESLEY ENHANCED LIVING THROUGH EMPLOYMENT, TRANSFER, OR PROMOTION WHEN SUCH PLACEMENT WILL RESULT IN ONE RELATIVE SUPERVISING ANOTHER AND/OR HAVING THE RESPONSIBILITY TO MAKE OR PARTICIPATE ACTIVELY IN MAKING DECISIONS REGARDING THE "RELATED" EMPLOYEE'S EMPLOYMENT STATUS. PERSONS WHO HAVE CONFLICTS WILL BE REVIEWED ON A CASE-BY-CASE BASIS AND WILL ABSTAIN FROM BOTH DISCUSSION AND VOTE ON ANY MATTER INVOLVING THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. REQUESTS FOR THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY WILL BE CONSIDERED ON A CASE-BY-CASE BASIS. EVANGELICAL MANOR DBA WESLEY ENHANCED LIVING PENNYPACK PARK 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 230563550 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 WESLEY ENHANCED LIVING BURHOLME DBA THE NORTH AMERICAN BAPTIST HOME FOR THE 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 231401533 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 MAPLE VILLAGE DBA WESLEY ENHANCED LIVING UPPER MORELAND 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232810902 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 EVANGELICAL SERVICES FOR THE AGING FOUNDATION DBA WEL FOUNDATION 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 231971878 FUNDRAISING ARM OF EVANGELICAL SERVICES FOR THE AGING PA 501(C)(3) LINE 12A, I N/A 0 EVANGELICAL SERVICES FOR THE AGING DBA WESLEY ENHANCED LIVING 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232648022 MANAGE/OPERATE CCRCS PA 501(C)(3) LINE 12C, III-FI N/A 0 STAPELEY HALL DBA WESLEY ENHANCED LIVING AT STAPELEY 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232145152 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 MARTINS RUN DBA WESLEY ENHANCED LIVING MAIN LINE 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232090256 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 MARTINS RUN HOME PARTNERS 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 272268177 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1