2026-05-07T16:13:21-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 200 BRICKSTONE SQUARE SUITE 103 ANDOVER MA 01810 990 2024-07-01 521126145 ASHLEY INC ASHL 4102736600 800 TYDINGS LANE HAVRE DE GRACE MD 21078 ALEXANDER DENSTMAN PRESIDENT AND CO-CEO 4102736600 2026-05-06 1 0 LUKE BURNETT P01079018 9786202000 2026-05-06 2024 2025-03-06 01:10:19Z ASHLEY ADDICTION TREATMENT ALEXANDER DENSTMAN 800 TYDINGS LANE HAVRE DE GRACE MD 21078 55503316 0 X WWW.ASHLEYTREATMENT.ORG X 1978 MD PROVIDE A FOUNDATION FOR DISCOVERING A PATHWAY TO RECOVERY FROM SUBSTANCE-USE DISORDERS. 12 12 254 20 0 0 3315692 11850304 32664629 33807321 2870518 5671874 50778 157431 38901617 51486930 2182169 2182262 0 0 22272270 23611010 260932 389070 2242230 11845635 13196118 36561006 39378460 2340611 12108470 126386668 138676239 12299927 11397415 114086741 127278824 WE TRANSFORM AND SAVE LIVES BY INTEGRATING THE SCIENCE OF MEDICINE, THE ART OF THERAPY AND THE COMPASSION OF SPIRITUALITY. 0 0 30304764 2182262 33807321 ASHLEY IS A NATIONALLY RECOGNIZED LEADER IN THE TREATMENT OF ALCOHOLISM AND CHEMICAL DEPENDENCE. IN AN ENVIRONMENT OF COMPASSION, DIGNITY, AND RESPECT, WE PROVIDE QUALITY MEDICAL CARE, CLINICAL EXPERTISE, AND SPIRITUAL COUNSELING. WE EDUCATE PARENTS, THEIR FAMILIES, AND THE COMMUNITY AT LARGE ABOUT CHEMICAL DEPENDENCE AND THE SPIRITUAL PRINCIPLES OF THE 12-STEP PROGRAM. OUR ONGOING SUPPORT PREPARES OUR PATIENTS AND THEIR FAMILIES FOR THE JOURNEY OF LIFELONG RECOVERY. FOR THE FISCAL YEAR ENDING JUNE 30, 2025, 1,455 PATIENTS WERE ADMITTED TO THE INPATIENT PROGRAM, WE MANAGED 14,629 PATIENT VISITS TO OUR INTENSIVE OUTPATIENT PROGRAMS, AND 669 FAMILY MEMBERS PARTICIPATED IN THE FAMILY WELLNESS PROGRAM. 30304764 1 1 0 1 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 59 0 1 254 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AL AR CA FL GA HI IL KS KY MA MD MI MN MS NC ND NH NM NJ NY OR PA RI SC TN UT VA WI WV X KARIN OUTLAW 4102732360 800 TYDINGS LANE HAVRE DE GRACE MD 21078 ALEXANDER B DENSTMAN PRESIDENT & CO-CEO 40.00 X 398674 0 55328 JOSEPH G HOBELMANN PRESIDENT & CO-CEO 40.00 X 399890 0 48500 DANIEL BOCHICCHIO VP, MEDICAL SERVICES 40.00 X 290459 0 22400 MARK ANTHONY HUSHEN VP, SPIRITUAL WELLNESS 40.00 X 237794 0 31168 JENNIFER AGUGLIA VP, CLINICAL SERVICES 40.00 X 214786 0 45926 ELAINA MARIE DENU CHIEF OF STAFF & CORPORATE SECRETARY 40.00 X 177202 0 31622 KATRINA MILLSAPE PSYCHIATRIC NURSE PRACTITIONER 40.00 X 151636 0 40008 REBECCA WEBB MILLER SR. DIRECTOR, BUSINESS DEVELOPMENT 40.00 X 145554 0 38412 GEORGE JOSEPH GURRERA SR. DIRECTOR, QUALITY COMPLIANCE & SAFETY 40.00 X 166384 0 12061 LORI SCHULZ DIRECTOR, FINANCE 40.00 X 147665 0 13496 JOHN FINNERTY CHAIR (A/O 2/25), VICE CHAIR PRIOR 1.00 X X 0 0 0 PHYLLIS RASKIN-HADLEY VICE CHAIR (A/O 2/25) 1.00 X X 0 0 0 JAMES DENVIR DIRECTOR, CHAIR (UNTIL 2/25) 1.00 X X 0 0 0 ROBERT JOHNSON DIRECTOR 1.00 X 0 0 0 CHARLIE FENWICK DIRECTOR 1.00 X 0 0 0 DR ERIC STRAIN DIRECTOR 1.00 X 0 0 0 DEV GANESAN DIRECTOR 1.00 X 0 0 0 BILL BRUNS DIRECTOR 1.00 X 0 0 0 TONI GRISWOLD DIRECTOR 1.00 X 0 0 0 JESSIE NOBLE-NANCE DIRECTOR 1.00 X 0 0 0 DENISE BERTIN-EPP DIRECTOR 1.00 X 0 0 0 ROBIN DAVISSON DIRECTOR 1.00 X 0 0 0 ERIK BOHN DIRECTOR (UNTIL 7/24) 1.00 X 0 0 0 TIMOTHY LEWIS DIRECTOR (UNTIL 5/25) 1.00 X 0 0 0 2330044 0 338921 35 0 1 0 COMMUNITY COUNSELLING SERVICES CO LLC 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 CONSULTING SERVICES 423234 HARTMAN EXECUTIVE ADVISORS LLC 954 GREENSPRING DR 240 TIMONIUM MD 21093 IT CONSULTANTING SERVICES 281428 HENRY BUILDINGS GROUP INC 802 HICKORY RIDGE DRIVE BEL AIR MD 21015 BUILDING REPAIRS AND MAINTENANCE 209070 T R TIMBERLINE INC 2330 THOMAS RUN RD BEL AIR MD 21015 TREE REMOVAL SERVICES 179600 RECOVERYTRAC LLC 6405 107TH STREET STE 100 LUBBOCK TX 79424 PROFESSIONAL SERVICES 147957 8 118203 11732101 36659 11850304 INPATIENT REVENUE 900099 21164831 21164831 INTENSIVE OUTPATIENT PROGRAM 900099 12565972 12565972 OTHER PROGRAMS 900099 76518 76518 33807321 1942089 1942089 6530232 953416 2863442 890421 3666790 62995 3729785 3729785 31648 118203 57648 -26000 -26000 235830 204875 30955 30955 MISCELLANEOUS INCOME 900099 152476 152476 152476 51486930 33807321 0 5829305 2182262 2182262 1783620 1373388 356724 53508 16823119 13410690 2903704 508725 920231 738542 134104 47585 2723206 2194448 521765 6993 1360834 1053963 240998 65873 176495 44124 114722 17649 210018 15000 195018 43822 43822 389070 389070 118460 118460 169235 94570 74665 354027 35566 214631 103830 693772 595414 63550 34808 1283071 936223 183862 162986 2812342 2150832 623734 37776 248517 170524 58797 19196 44875 18161 23152 3562 140325 15176 123125 2024 2203253 2094786 88012 20455 715384 18230 697082 72 BAD DEBT EXPENSE 1561212 904809 656403 FOOD PURCHASES 855981 855506 383 92 PHARMACY AND LAB 629172 629063 109 PATIENT MATERIALS 297084 297084 639073 476403 94869 67801 39378460 30304764 6831466 2242230 791682 1485348 1849924 5518347 2423342 7396611 4159948 4154098 43711 43711 377077 445501 69160808 33020891 37675938 36139917 64609972 68116727 11340266 12604124 3114808 2771855 126386668 138676239 3148025 2931895 6022783 5780488 3129119 2685032 12299927 11397415 X 109274534 113382195 4812207 13896629 114086741 127278824 126386668 138676239 X 12108470 2605692 -1522079 X 0 1 X 1 0 X 10831864 4656157 2414756 3315692 11850304 33068773 29535881 27750753 29595383 32664629 33807321 153353967 196122 227740 256011 277437 235830 1193140 40563867 32634650 32266150 36257758 45893455 187615880 50400 53470 51390 856765 8378674 9390699 0 50400 53470 51390 856765 8378674 9390699 178225181 2297576 6086868 1623333 2059783 1942089 14009649 2297576 6086868 1623333 2059783 1942089 14009649 237254 348879 397071 47854 152476 1183534 43098697 39070397 34286554 38365395 47988020 202809063 0.87880 0.91740 0.06910 0.07030 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 237,254. 2021 AMOUNT: $ 348,879. 2022 AMOUNT: $ 397,071. 2023 AMOUNT: $ 47,854. 2024 AMOUNT: $ 152,476. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 43822 0 0 43822 0 PART II-B, LINE 1: RIFKIN, WERNER, LIVINGSTON LLC PROVIDED USUAL AND CUSTOMARY PROFESSIONAL LOBBYING SERVICES AND MONITORING DURING THE 2025 LEGISLATIVE SESSION, INCLUDING TALKING WITH LEGISLATORS AND THEIR STAFF, AND TESTIFYING AS REQUESTED OR NECESSARY BEFORE LEGISLATIVE COMMITTEES. STAFF OFFERED INSIGHT TO LEGISLATORS ABOUT ADDICTION AND ADDICTION TREATMENT SERVICES. 877310 20470 14352 912132 841784 14642 20884 877310 772667 57879 11238 841784 778570 32986 -38889 772667 687285 50000 41285 778570 0.00000 1.00000 0.00000 0 0 5089159 5089159 48149781 25865244 22284537 8715424 1597349 7118075 5806603 4950819 855784 1399841 607479 792362 36139917 LIMITED PARTNERSHIP INVESTMENTS 12604124 F 12604124 OPERATING LEASE LIABILITY 2368180 FINANCING LEASE LIABILITY 316852 2685032 X 50532344 2605692 -1522079 1083613 49448731 118460 1919739 2038199 51486930 37340261 -1919739 -1919739 39260000 118460 118460 39378460 PART V, LINE 4: THE COMPANY'S ENDOWMENT CONSISTS OF TWO DONOR-RESTRICTED FUNDS. ONE FUND WAS ESTABLISHED TO PROVIDE FOR THE ADVANCEMENT OF TREATMENT EXCELLENCE AT THE COMPANY. THE OTHER FUND WAS ESTABLISHED TO PROVIDE FINANCIAL SUPPORT FOR YOUNG ADULT PATIENTS SEEKING EXTENDED CARE SERVICES WITHOUT THE MEANS TO PAY FOR SAID TREATMENT. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE COMPANY IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE IRC. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THE COMPANY IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE COMPANY FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE EVALUATION OF TAX POSITIONS, WHICH INCLUDE MAINTAINING ITS TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT HAS TAKEN ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN UNCOLLECTIBLE PLEDGES AND PLEDGE DISCOUNT -1,522,079. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -204,875. SPECIAL EVENT DIRECT EXPENSES -57,648. EXPENSES NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS 2,182,262. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 204,875. SPECIAL EVENT DIRECT EXPENSES 57,648. EXPENSES NETTED AGAINST REVENUE ON FINANCIAL STATEMENTS -2,182,262. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 5798000 0 0 0 0 0 0 5798000 0 5798000 1 0 1 1 1 0 PART IV, LINES 1, 3-5: FORM 926 IS BEING FILED AS ATTACHMENTS TO THE FORM 990-T. THE ORGANIZATION IS NOT REQUIRED TO FILE FORM 5471 BECAUSE IT DOES NOT MEET THE APPLICABLE OWNERSHIP REQUIREMENT(S). IN ADDITION, FORMS 8865 AND 8621 ARE NOT REQUIRED AS THE ORGANIZATION DOES NOT MEET THE APPLICABLE FILING CRITERIA. X X X X X X X 1 COMMUNITY COUNSELING SERVICES CO LLC 527 MADISON AVENUE 5TH FLOOR NEW YORK NY 10022 GENERAL CONSULTING 0 0 389070 -389070 389070 -389070 AL AZ AR CO CA AK CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY FATHER MARTIN MEMORIAL GOLF OUTING 77315 58567 18748 10272 16568 6400 1384 MAE ABRAHAM LEGACY LUNCHEON 72536 59636 12900 7672 8635 6717 0 149851 118203 31648 10272 24240 15035 8101 57648 -26000 1 SCHOLARSHIPS AND CHARITY CARE 122 2182262 N/A N/A PART I, LINE 2: THE ORGANIZATION PROVIDES DISCOUNTED CARE AND CARE PROVIDED AT NO CHARGE TO INDIVIDUALS WHO ARE UNINSURED, UNDERINSURED OR OTHERWISE UNABLE TO PAY FOR SUBSTANCE USE TREATMENT. X X X X 0 0 0 0 0 0 0 1 0 ALEXANDER B DENSTMAN PRESIDENT & CO-CEO 373674 0 25000 0 0 0 20146 0 35182 0 454002 0 0 0 JOSEPH G HOBELMANN PRESIDENT & CO-CEO 374890 0 25000 0 0 0 17785 0 30715 0 448390 0 0 0 DANIEL BOCHICCHIO VP, MEDICAL SERVICES 289859 0 0 0 600 0 17379 0 5021 0 312859 0 0 0 MARK ANTHONY HUSHEN VP, SPIRITUAL WELLNESS 232902 0 4892 0 0 0 13537 0 17631 0 268962 0 0 0 JENNIFER AGUGLIA VP, CLINICAL SERVICES 214786 0 0 0 0 0 13253 0 32673 0 260712 0 0 0 ELAINA MARIE DENU CHIEF OF STAFF & CORPORATE SECRETAR 177202 0 0 0 0 0 2687 0 28935 0 208824 0 0 0 KATRINA MILLSAPE PSYCHIATRIC NURSE PRACTITIONER 151636 0 0 0 0 0 9919 0 30089 0 191644 0 0 0 REBECCA WEBB MILLER SR. DIRECTOR, BUSINESS DEVELOPMENT 145554 0 0 0 0 0 9013 0 29399 0 183966 0 0 0 GEORGE JOSEPH GURRERA SR. DIRECTOR, QUALITY COMPLIANCE & S 166084 0 0 0 300 0 9968 0 2093 0 178445 0 0 0 LORI SCHULZ DIRECTOR, FINANCE 143815 0 3250 0 600 0 8963 0 4533 0 161161 0 0 0 PART I, LINE 7 THE CO-CEOS EACH RECEIVED A $25,000 BONUS IN NOVEMBER 2024, BASED ON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE, WHICH WAS UNANIMOUSLY APPROVED BY THE FULL BOARD OF DIRECTORS. X 2 36659 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IS EQUAL TO THE NUMBER OF DONORS WHO CONTRIBUTED NON-CASH PROPERTY. FORM 990, PART IV, LINE 28A: DURING THE FISCAL YEAR ENDED JUNE 30, 2025, THE ORGANIZATION PURCHASED INSURANCE THROUGH BF SAUL INSURANCE. ERIK BOHN, DIRECTOR (UNTIL 7/24), IS AN EMPLOYEE OF BF SAUL INSURANCE. ERIK BOHN WAS NOT COMPENSATED IN CONNECTION WITH THE PURCHASE OF THE INSURANCE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND REVIEWED BY THE EXECUTIVE OFFICE AND THE FINANCE DEPARTMENT. THE FORM 990 IS DISTRIBUTED TO ALL BOARD MEMBERS TO REVIEW AND VOTE TO ACCEPT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT-OF-INTEREST POLICY ALONG WITH THE CONFLICT-OF-INTEREST QUESTIONNAIRE IS REVIEWED AND SIGNED ANNUALLY BY EACH DIRECTOR AS PART OF THE BOARD'S ANNUAL DOCUMENT PACKET AT THE OCTOBER BOARD OF DIRECTORS MEETING. THE CORPORATE SECRETARY MAINTAINS RECORDS OF THESE DOCUMENTS AND ACKNOWLEDGMENTS. ANY DIRECTOR, PRINCIPAL OFFICER, EMPLOYEE OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS OF ASHLEY, INC., WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS AN INTERESTED PERSON. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN, WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE MINUTES OF THE GOVERNING BOARD AND ALL COMMITTEES WITH BOARD DELEGATED POWERS SHALL CONTAIN: THE NAMES OF THE PERSONS WHO DISCLOSED OR OTHERWISE WERE FOUND TO HAVE A FINANCIAL INTEREST IN CONNECTION WITH AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE NATURE OF THE FINANCIAL INTEREST, ANY ACTION TAKEN TO DETERMINE WHETHER A CONFLICT OF INTEREST WAS PRESENT, AND THE GOVERNING BOARD'S OR COMMITTEE'S DECISION AS TO WHETHER A CONFLICT OF INTEREST, IN FACT, EXISTED; THE NAMES OF THE PERSONS WHO WERE PRESENT FOR DISCUSSIONS AND VOTES RELATING TO THE TRANSACTION OR ARRANGEMENT, THE CONTENT OF THE DISCUSSION, INCLUDING ANY ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT, AND A RECORD OF ANY VOTES TAKEN IN CONNECTION WITH THE PROCEEDINGS. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND RECOMMENDS THE COMPENSATION OF THE CO-CEOS. FINAL COMPENSATION CHANGES ARE APPROVED BY THE FULL BOARD OF DIRECTORS AND TIMELY DOCUMENTED. THE REVIEW INCLUDES ANALYSIS OF COMPARABILITY DATA, SUCH AS NATIONAL SALARY SURVEYS INCLUDING NOT-FOR-PROFIT DATA. THE PROCESS DESCRIBED HERE IS PERFORMED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN UNCOLLECTIBLE PLEDGES AND PLEDGE DISCOUNT -1,522,079.