2026-06-01T08:30:46-05:00 2025-09-30 560571159 BERNARD ROBINSON & COMPANY LLP PO BOX 19608 GREENSBORO NC 274199608 990 2024-10-01 560564344 PRESBYTERIAN HOMES INC PRES 3368866553 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 K ALAN TUTTEROW CFO 3368866553 2026-05-29 1 0 ADRIENNE MCKINNEY P00819656 3362944494 2026-05-06 2024 2025-03-06 01:10:19Z BRIGHTSPIRE INC RIVER LANDING AT SANDY RIDGE SCOTIA VILLAGE PHI MANAGEMENT SERVICES LLC PHI REHAB SERVICES LLC TIMOTHY J WEBSTER 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 89280858 0 8627 X WWW.KINTURA.ORG X 1942 NC THE VISION OF THE PRESBYTERIAN HOMES INC DBA BRIGHTSPIRE IS TO CREATE AN INNOVATIVE, VIBRANT, AND DIVERSE CULTURE WHICH PROVIDES SECURITY AND ENHANCES QUALITY OF LIFE WHILE PROVIDING HOUSING AND SERVICE TO SENIOR ADULTS. 15 15 1589 117 0 0 3016109 2148549 65955906 68885313 4235208 5297620 289820 704628 73497043 77036110 1751147 1818756 0 0 32257967 33437665 0 0 124384 25354000 24777879 59363114 60034300 14133929 17001810 262843503 270632746 146486113 137484901 116357390 133147845 X THE MISSION OF THE PRESBYTERIAN HOMES DBA BRIGHTSPIRE IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF THOSE WE SERVE. THE PRESBYTERIAN HOMES DBA BRIGHTSPIRE PROVIDES SENIOR ADULTS WITH CARING AND HIGH QUALITY SERVICES IN SUPPORT OF THEIR PHYSICAL, INTELLECTUAL, SOCIAL AND SPIRITUAL WELL-BEING. 0 0 47417639 1818756 69483347 THE PRESBYTERIAN HOMES, INC. DBA BRIGHTSPIRE PROVIDES RESIDENTIAL ASSISTED LIVING AND NURSING CARE FOR APPROXIMATELY 889 SENIOR ADULT RESIDENTS. SERVICES INCLUDE HOUSEKEEPING, FOOD SERVICE, MEDICAL AND OTHER SUPPORT SERVICES IN A CONTINUING CARE COMMUNITY. 47417639 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 1 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 1 1 1 1 0 0 1 189 0 1 1589 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 1 0 1 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X X RHONDA CUMMONS 3368866553 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 LORI HADDOCK CHAIRPERSON 1.00 X X 0 0 0 BEN ZURAW BOARD MEMBER 1.00 X X 0 0 0 DAVID SPRINKLE BOARD MEMBER 1.00 X 0 0 0 HAROLD MARTIN BOARD MEMBER 1.00 X 0 0 0 LEIGH ANN KLEE BOARD MEMBER 1.00 X 0 0 0 BARRY GOLDSTEIN BOARD MEMBER 1.00 X 0 0 0 WENDY GATLIN BOARD MEMBER 1.00 X 0 0 0 ALEXANDER L MAULTSBY BOARD MEMBER 1.00 X 0 0 0 JANE BAKER BOARD MEMBER 1.00 X 0 0 0 CANTEY ALEXANDER BOARD MEMBER 1.00 X 0 0 0 DAVID COULTER BOARD MEMBER 1.00 X 0 0 0 TIM CLONTZ TREASURER 1.00 X X 0 0 0 WILLIAM C MCILWAIN SECRETARY 1.00 X X 0 0 0 KATHRYN BILLINGS VICE CHAIRPERSON 1.00 X X 0 0 0 BOB CHANDLER BOARD MEMBER 1.00 X 0 0 0 STEPHEN FLEMING PRESIDENT - CEO 40.00 1.00 X 534571 0 26324 JULIA HANOVER CFO 40.00 1.00 X 390061 0 29147 TIMOTHY WEBSTER PRESIDENT - CEO 40.00 1.00 X 677575 0 37207 K ALAN TUTTEROW CFO 40.00 1.00 X 410135 0 15138 MARK COLLINS EXECUTIVE VICE PRESIDENT-DIRECTOR 40.00 X 282888 0 31461 CREIGHTON LOVVORN EXECUTIVE VICE PRESIDENT-COO 40.00 X 466386 0 32443 LAURA LOWE EXECUTIVE VICE PRESIDENT, MARKETING AND SALES 40.00 X 287968 0 20493 ARNOLD THOMPSON DIRECTOR OF FINANCE 40.00 X 276038 0 34226 THOMAS SMITH EXEC DIRECTOR-RIVER LANDING 40.00 X 279035 0 27775 WILLIE LASH EXECUTIVE VICE PRES, IT SERVICES 40.00 X 241354 0 30783 TIFFANY ROBERSON VICE PRESIDENT-HEALTHCARE OPERATIONS 40.00 X 250251 0 25249 4096262 0 310246 11 0 1 0 TRINITY REHAB LLC 113 S RAILROAD AVENUE DUNN NC 28334 THERAPY 3152806 J O F PAINTING LLC 101 WOOD HOLLOW DRIVE CARY NC 27513 CONSTRUCTION 715703 AVERY CONSTRUCTION & CONSULTING 1677 MYERS STREET WINSTONSALEM NC 27127 CONSTRUCTION 361011 ID COLLABORATIVE ACQUISITION LLC 201 STATE STREET GREENSBORO NC 27408 INTERIOR DESIGN 332094 JOHNATHAN RYAN LOCKLEAR 241 ROSE ROAD MAXTON NC 28364 CONSTRUCTION 309518 14 2148549 2148549 RESIDENT SERVICE FEES 623000 53358987 53358987 AMORTIZED ENTRY FEES 623000 9343588 9343588 MANAGEMENT FEES 623000 4236196 4236196 ANCILLARY SERVICES 623000 1446624 1446624 FOOD SERVICE INCOME 623000 499918 499918 68885313 2273737 2273737 106594 0 106594 106594 106594 15268631 12244748 3023883 3023883 3023883 REHAB SERVICES REVENUE 623000 377000 377000 GOLF CLUB REVENUE 623000 126170 126170 MISCELLANEOUS REVENUE 623000 87301 87301 7563 7563 598034 77036110 69483347 0 5404214 X 1818756 1818756 4406508 4406508 23820868 22415284 1290584 115000 397508 382334 6209 8965 2847008 66644 2779945 419 1965773 1717051 248722 71817 71817 79638 15746 63892 104692 104692 133788 100343 33445 268381 268381 4023649 3465586 558063 1661285 1661285 4676175 4676175 107416 89974 17442 67422 31734 35688 7308081 7277384 30697 881798 881798 FOOD COST 3694279 3583392 110887 PURCHASED MEDICAL EXPEN 1562683 1562683 BAD DEBTS 281765 281765 OTHER EXPENSES 76842 49928 26914 -221832 -221832 60034300 47417639 12492277 124384 4532361 5864671 3285067 3315911 107721 126529 351172 708563 256861026 102000863 156151621 154860163 81463649 87924984 13647000 15482000 3304912 2349925 262843503 270632746 8366021 7863716 58580574 58126637 77660098 68841003 1879420 2653545 146486113 137484901 X 115158848 132843438 1198542 304407 116357390 133147845 262843503 270632746 X 17001810 3258278 -3469633 X X 0 0 0 X 2930891 1895901 1821427 3016109 2148549 11812877 53605835 55417188 62642744 65955906 68885313 306506986 56536726 57313089 64464171 68972015 71033862 318319863 1688075 1895901 1821427 3016109 2148549 10570061 0 1688075 1895901 1821427 3016109 2148549 10570061 307749802 1454764 3177116 2663737 2782661 2380331 12458609 1454764 3177116 2663737 2782661 2380331 12458609 117129 198914 412942 181833 598034 1508852 58108619 60689119 67540850 71936509 74012227 332287324 0.92620 0.92600 0.03750 0.03700 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: GOLF CLUB REVENUE - 2020 AMOUNT: $ 39,613. 2021 AMOUNT: $ 74,234. 2022 AMOUNT: $ 83,830. 2023 AMOUNT: $ 128,802. 2024 AMOUNT: $ 126,170. MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 40,067. 2021 AMOUNT: $ 73,613. 2022 AMOUNT: $ 273,427. 2023 AMOUNT: $ 46,159. 2024 AMOUNT: $ 464,301. BEAUTY SHOP REVENUE - 2020 AMOUNT: $ 37,449. 2021 AMOUNT: $ 51,067. 2022 AMOUNT: $ 55,685. 2023 AMOUNT: $ 6,872. 2024 AMOUNT: $ 7,563. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 46543900 786959 4185925 3600565 0 47916219 38947754 739998 9429445 2527613 45684 46543900 35500236 283336 3713626 481501 67943 38947754 43151131 1835308 -6754920 2658369 72914 35500236 31283454 5292769 7964766 1373407 16451 43151131 0.82930 0.17070 0.00000 0 1 1 4870833 4870833 230868194 91399163 139469031 11600960 7944349 3656611 9521039 2657351 6863688 154860163 RESERVES REQUIRED BY STATE STATUTE 15482000 F 15482000 DEPOSITS ON ADMISSION 2293670 RESIDENT CASH DEPOSITS 82530 DUE TO OTHER DIVISIONS 277345 2653545 X 78475632 3258278 3258278 75217354 1818756 1818756 77036110 58412534 196990 196990 58215544 1818756 1818756 60034300 PART V, LINE 4: ENDOWMENT EARNINGS ARE USED TO FUND VARIOUS PROGRAM SERVICE COSTS SUCH AS RESIDENT SUBSIDIES. PART X, LINE 2: THE PRESBYTERIAN HOMES, INC. DBA BRIGHTSPIRE AND GLENAIRE, INC. ARE NONPROFIT ORGANIZATIONS EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3), AND THE PRESBYTERIAN HOMES FOUNDATION, INC. IS AN ORGANIZATION EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A). THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2025. IT IS THE ORGANIZATION'S POLICY TO EVALUATE ALL TAX POSITIONS TO IDENTIFY ANY THAT MAY BE CONSIDERED UNCERTAIN. ALL IDENTIFIED MATERIAL TAX POSITIONS ARE ASSESSED AND MEASURED BY A MORE-LIKELY-THAN-NOT THRESHOLD TO DETERMINE IF THE TAX POSITION IS UNCERTAIN AND WHAT, IF ANY, THE EFFECT OF THE UNCERTAIN TAX POSITION MAY HAVE ON THE COMBINED FINANCIAL STATEMENTS. NO MATERIAL UNCERTAIN TAX POSITIONS WERE IDENTIFIED FOR 2025 AND 2024. NOTE--DUE TO A FISCAL YEAR END CHANGE FROM SEPTEMBER 30 TO DECEMBER 31 EFFECTIVE IN 2025, AUDITED FINANCIAL STATEMENTS WERE PREPARED FOR A FIFTEEN MONTH PERIOD ENDED DECEMBER 31, 2025. 1 FINANCIAL ASSISTANCE PROVIDED TO RESIDENTS 99 1818756 PART I, LINE 2: THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS TO HELP SUBSIDIZE RESIDENT MONTHLY AND MOVE-IN FEES. GRANT APPLICATIONS ARE MADE TO THE EXECUTIVE DIRECTOR AND SCHOLARSHIPS ARE DISCUSSED WITH THE KINTURA MANAGEMENT TEAM. RESIDENTS ON SCHOLARSHIP ARE ASKED TO UPDATE THEIR FINANCIAL INFORMATION ON AN ANNUAL BASIS. THE ORGANIZATION'S ACCOUNTING DEPARTMENT TRACKS THE NEED AND USE OF THIS ASSISTANCE. X X X X X X 0 0 0 0 0 0 0 1 0 TIMOTHY WEBSTER PRESIDENT - CEO 529107 0 148468 0 0 0 25699 0 11508 0 714782 0 0 0 STEPHEN FLEMING PRESIDENT - CEO 441171 0 93400 0 0 0 14816 0 11508 0 560895 0 0 0 CREIGHTON LOVVORN EXECUTIVE VICE PRESIDENT-COO 379547 0 86839 0 0 0 20935 0 11508 0 498829 0 0 0 K ALAN TUTTEROW CFO 348746 0 61389 0 0 0 3630 0 11508 0 425273 0 0 0 JULIA HANOVER CFO 316198 0 73863 0 0 0 17639 0 11508 0 419208 0 0 0 MARK COLLINS EXECUTIVE VICE PRESIDENT-DIRECTOR 228597 0 54291 0 0 0 19953 0 11508 0 314349 0 0 0 ARNOLD THOMPSON DIRECTOR OF FINANCE 232477 0 43561 0 0 0 22718 0 11508 0 310264 0 0 0 LAURA LOWE EXECUTIVE VICE PRESIDENT, MARKETING 245269 0 42699 0 0 0 8985 0 11508 0 308461 0 0 0 THOMAS SMITH EXEC DIRECTOR-RIVER LANDING 236176 0 42859 0 0 0 16267 0 11508 0 306810 0 0 0 TIFFANY ROBERSON VICE PRESIDENT-HEALTHCARE OPERATIONS 210499 0 39752 0 0 0 13741 0 11508 0 275500 0 0 0 WILLIE LASH EXECUTIVE VICE PRES, IT SERVICES 201583 0 39771 0 0 0 19275 0 11508 0 272137 0 0 0 PART I, LINE 3 THE PROCEDURES THAT THE ORGANIZATION FOLLOWS FOR SETTING COMPENSATION ARE AS FOLLOWS: 1. A BOARD OF TRUSTEES COMPENSATION COMMITTEE SHALL BE APPOINTED ANNUALLY BY THE BOARD CHAIR. THE COMMITTEE SHALL BE COMPRISED OF THE CURRENT CHAIR, IMMEDIATE PAST CHAIR, CHAIR-ELECT (IF ANY) AND 1-2 TRUSTEES AT LARGE. 2. THE COMMITTEE SHALL MEET APPROXIMATELY THIRTY DAYS PRIOR TO THE END OF THE FISCAL YEAR. 3. PRIOR TO THE MEETING, THE PRESIDENT/CEO SHALL PROVIDE COMPARABLE SALARY AND BENEFIT DATA THROUGH EXTERNAL SOURCES SUCH AS THE CEO SALARY AND BENEFIT REPORT, LEADING AGE NC WAGE SURVEY, PUBLIC RECORD IRS FORM 990S, AND INDEPENDENT SURVEYS. 4. PRIOR TO THE MEETING, THE PRESIDENT/CEO SHALL PROVIDE A STATEMENT OF ACHIEVEMENTS COMPARED TO GOALS FOR THE CURRENT YEAR AND A PRELIMINARY LIST OF PERFORMANCE GOALS FOR THE SUCCEEDING YEAR. 5. AT THE MEETING, THE PRESIDENT/CEO SHALL INFORM THE COMMITTEE OF PROPOSED SALARY ADJUSTMENTS FOR SENIOR MANAGEMENT FOR THE SUCCEEDING YEAR. THE PRESIDENT/CEO MAY PRESENT COMPARABLE SALARY DATA FOR SENIOR MANAGEMENT AT THE COMMITTEE'S DISCRETION. 6. AT THE MEETING AND AFTER PRESENTING YEAR-END RESULTS AND SUCCEEDING YEAR GOALS, THE COMMITTEE MAY EXCUSE THE PRESIDENT/CEO, ENTER INTO EXECUTIVE SESSION AND DISCUSS THE PRESIDENT/CEO'S PERFORMANCE AND COMPENSATION. 7. AT THE CONCLUSION OF THE MEETING, THE BOARD CHAIR SHALL MEET WITH THE PRESIDENT/CEO IN ORDER TO REVIEW THE COMMITTEE'S ASSESSMENT OF PERFORMANCE AND SALARY. SALARY ADJUSTMENTS TO THE PRESIDENT/CEO'S COMPENSATION SHALL BE AUTHORIZED BY SIGNATURE OF THE BOARD CHAIR OR VICE CHAIR ONLY. 8. AT THE FIRST BOARD OF TRUSTEES MEETING FOLLOWING THE COMPENSATION COMMITTEE'S MEETING, THE BOARD CHAIR SHALL REPORT THE COMMITTEE'S FINDINGS AND THE COMMITTEE'S ACTIONS REGARDING EMPLOYMENT STATUS, RECOMMENDATIONS AND SALARY OR BENEFIT ADJUSTMENTS FOR THE PRESIDENT/CEO. THE COMPENSATION COMMITTEE BELIEVES THAT THE PRIMARY OBJECTIVES OF KINTURA'S EXECUTIVE COMPENSATION POLICIES SHOULD BE: - TO ATTRACT AND RETAIN TALENTED EXECUTIVES BY PROVIDING COMPENSATION THAT IS, OVERALL, HIGHLY COMPETITIVE WITH THE COMPENSATION PROVIDED TO EXECUTIVES AT COMPANIES OF COMPARABLE POSITION IN THE CONTINUING CARE RETIREMENT COMMUNITY FIELD, WHILE MAINTAINING COMPENSATION WITHIN LEVELS THAT ARE CONSISTENT WITH ORGANIZATION'S ANNUAL BUDGET, FINANCIAL OBJECTIVES, OPERATING PERFORMANCE AND RESIDENT AND STAFF SATISFACTION; - TO PROVIDE APPROPRIATE INCENTIVES FOR EXECUTIVES TO WORK TOWARD THE ACHIEVEMENT OF THE ORGANIZATION'S ANNUAL FINANCIAL PERFORMANCE AND BUSINESS GOALS BASED ON THE ORGANIZATION'S ANNUAL BUDGET. THE COMPENSATION COMMITTEE REVIEWS EXECUTIVE COMPENSATION POLICIES ANNUALLY TAKING INTO CONSIDERATION THE ORGANIZATION'S FINANCIAL PERFORMANCE, ANNUAL BUDGET, POSITION IN THE INDUSTRY, MISSION STATEMENT AND CORE VALUES. THE COMPENSATION COMMITTEE BELIEVES THAT IN ADDITION TO CORPORATE PERFORMANCE, IT IS APPROPRIATE IN SETTING AND REVIEWING EXECUTIVE COMPENSATION TO CONSIDER THE LEVEL OF EXPERIENCE AND RESPONSIBILITIES OF EACH EXECUTIVE OFFICER AS WELL AS THE PERSONAL CONTRIBUTIONS A PARTICULAR INDIVIDUAL MAY MAKE TO THE SUCCESS OF THE ORGANIZATION. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. PART I, LINE 7 SENIOR MANAGEMENT EARNS A BONUS BASED UPON COMPANY GOALS AND PERSONAL GOALS. THE BONUS POTENTIAL IS 10%- 30% OF WAGES AND THE 10% - 30% IS EARNED IN 20% INCREMENTS. THE 20% INCREMENTAL GOALS ARE NET OPERATING MARGIN, 5-STAR CMS RATING, INDEPENDENT LIVING AVERAGE DAILY OCCUPANCY, EMPLOYEE ENGAGEMENT AND A PERSONAL TARGET. A NORTH CAROLINA MEDICAL CARE COMMISSION 521309402 2015-07-15 14712108 REFUNDING OF PRIOR BONDS ISSUED 0 0 0 B NORTH CAROLINA MEDICAL CARE COMMISSION 521309402 2016-04-14 20000000 CONSTRUCTION 0 0 0 C NORTH CAROLINA MEDICAL CARE COMMISSION 521309402 65821DVP3 2016-09-29 82512334 REFUNDING OF PRIOR BONDS ISSUED 0 0 0 D NORTH CAROLINA MEDICAL CARE COMMISSION 521309402 65821DSX5 2020-10-01 188437120 CONSTRUCTION 0 0 0 A 9950219 14713839 131250 14580858 2003 1 0 1 1 B 14759148 20021546 218950 170944 19829056 2017 0 0 1 1 C 30936227 82564491 751205 81761129 2003 1 0 1 1 D 75153751 188563850 9358246 1844736 186592384 2023 0 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 B 0 0 1 0 1 1 BB&T 11.000000000000 1 0 0 0 0 C 0 0 1 0 1 1 BB&T 11.000000000000 1 0 0 0 0 D 0 1 0 0 0 0 0 0 0 A 0 B 0 C 0 D 0 FORM 990, PART IV, LINE 22 PRESBYTERIAN HOMES PROVIDES ASSISTANCE TO RESIDENTS THROUGH REDUCED MONTHLY SERVICE AND MOVE-IN FEES; AND BY PARTICPATION IN MEDICAID. FORM 990, PART VI, SECTION A, LINE 4 ON SEPTEMBER 30, 2024, BRIGHTSPIRE (THE PRESBYTERIAN HOMES, INC.) AND THE WELL-SPRING GROUP CLOSED ON OUR AFFILIATION AND OUR NEW PARENT ORGANIZATION, KINTURA WAS FORMED. KINTURA WILL BE RESPONSIBLE FOR THE MANAGEMENT AND DEVELOPMENT OF BOTH BRIGHTSPIRE AND THE WELL-SPRING GROUP. BOTH ENTITIES WILL REMAIN AS WILL THEIR OBLIGATED GROUPS. A NEW FIFTEEN MEMBER GOVERNING BOARD HAS BEEN FORMED. THE ORIGINAL BOARD IS MADE UP OF FIVE MEMBERS FROM THE FORMER BRIGHTSPIRE BOARD OF GOVERNORS, FIVE MEMBERS FROM THE FORMER WELL-SPRING BOARD OF DIRECTORS, THREE COMMUNITY AT LARGE MEMBERS, AND ONE RESIDENT FROM BOTH THE BRIGHTSPIRE AND WELL-SPRING COMMUNITIES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS KINTURA, A 501(C)(3) ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO EVERY BOARD MEMBER PRIOR TO FILING. BOARD MEMBERS ARE ABLE TO REVIEW, QUESTION, AND APPROVE FORM 990. AFTER BOARD APPROVAL, FORM 990 IS FILED. THE BOARD MINUTES INCLUDE DOCUMENTATION OF THE PROCESS AND DISCUSSION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS PRESENTED TO THE BOARD MEMBERS ANNUALLY FOR REVIEW AND DATED SIGNATURE. BOARD MEMBERS AND MANAGEMENT UNDERSTAND THAT NO AGREEMENTS ARE ARRANGED TO CREATE A CONFLICT OF INTEREST. ANY NONCOMPLIANCE IS DISCUSSED AND NOTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 15 A FULL DESCRIPTION OF THE PROCESS FOR DETERMINING EXECUTIVE COMPENSATION IS INCLUDED ON SCHEDULE J, PART III. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST AT THE HOME OFFICE. FORM 990, PART IX, LINE 13 THIS INCLUDES MISCELLANEOUS EXPENSES SUCH AS CORPORATE ALLOCATION, MAINTENANCE AND REPAIR, AND COST OF THERAPIES. FORM 990, PART XI, LINE 9: INTEREST RATE SWAP -196,990. TRANSFERS OF ASSETS BETWEEN COMMUNITIES -3,272,643. FORM 990, PART XII, LINE 2A: THE ORGANIZATION CHANGED FROM A FISCAL YEAR (OCTOBER 1 - SEPTEMBER 30) TO A CALENDAR YEAR (JANUARY 1 - DECEMBER 31). AS A RESULT, THE ORGANIZATION UNDERWENT A ONE-TIME 15 MONTH AUDIT, INCLUDING THE FILING YEAR OF THIS RETURN PLUS THE 3-MONTH SHORT YEAR ENDED DECEMBER 31, 2025. THE ORGANIZATION WILL RESUME A NORMAL TWELVE MONTH AUDIT FOR CALENDAR YEAR 2026. THIS CHANGE DID NOT AFFECT INTERNAL CONTROLS, GOVERNANCE OVERSIGHT, OR COMPLIANCE WITH APPLICABLE REQUIREMENTS. PHI MANAGEMENT SERVICES LLC 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 MANAGEMENT SERVICES NC 7293700 816497 PRESBYTERIAN HOMES INC PHI REHAB SERVICES LLC 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 REHABILITATION SERVICES NC 802725 PRESBYTERIAN HOMES INC GLENAIRE INC 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 561739542 CARE FOR THE ELDERLY NC 501(C)(3) LINE 10 KINTURA 0 PRESBYTERIAN HOMES FOUNDATION INC 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 582004356 SUPPORTING ORGANIZATION NC 501(C)(3) LINE 12A, I PRESBYTERIAN HOMES INC 1 KINTURA 5603 NEW GARDEN VILLAGE DRIVE GREENSBORO NC 27410 991865205 PARENT ORGANIZATION NC 501(C)(3) LINE 12B, II KINTURA 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 PRESBYTERIAN HOMES FOUNDATION INC C 2148549 CASH PAID GLENAIRE INC O 22714714 CASH PAID GLENAIRE INC Q 2735004 CASH PAID