2025-03-31T20:27:02-05:00 2024-06-30 205367494 ALAN ROSS & COMPANY PC 10 HEARTHSTONE COURT SUITE 100 READING PA 19606 990 2023-07-01 222790840 THE HIGHLANDS AT WYOMISSING HIGH 6107752300 2000 CAMBRIDGE AVE WYOMISSING PA 19610 KEVIN DEACOSTA PRESIDENT/CEO 6107752300 2025-02-27 1 0 LISA ARNOLD P00536544 6107799555 2023 2025-03-06 01:10:19Z KEVIN DEACOSTA 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 44508372 0 X WWW.THEHIGHLANDS.ORG X 1989 PA THE HIGHLANDS AT WYOMISSING IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY SERVING OLDER ADULTS AND CONTRIBUTING TO THE BERKS COUNTY COMMUNITY. 11 8 528 105 0 0 314270 294533 34803747 34287275 2713766 3859896 1395148 1565655 39226931 40007359 0 0 0 0 14943003 16107930 0 0 109505 22040516 22683344 36983519 38791274 2243412 1216085 197443766 228357030 135376428 158903120 62067338 69453910 X THE MISSION OF THE HIGHLANDS AT WYOMISSING IS TO ENRICH THE LIVES OF SENIOR ADULTS THROUGH SPONSORSHIP OF A HIGH-QUALITY, NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY. OUR COMMUNITY SETS THE STANDARD OF EXCELLENCE IN RETIREMENT LIVING BY PROVIDING EXCEPTIONAL QUALITY OF LIFE, SECURITY AND VALUE. 0 0 17003668 21705809 THE HIGHLANDS AT WYOMISSING OPERATES 302 RESIDENTIAL LIVING FACILITY THAT PROVIDES HOUSING, SOCIAL SERVICE SUPPORT, SOCIAL ACTIVITIES, AND HEALTH AND WELLNESS ACTIVITIES TO OUR RESIDENTS. DURING FY 2024, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 402 RESIDENTS FOR A TOTAL OF 130,747 RESIDENT DAYS. 6024934 4870437 THE HIGHLANDS AT WYOMISSING OPERATES 63 BED PERSONAL CARE AND MEMORY SUPPORT FACILITY THAT PROVIDES HOUSING, SUPERVISED DAILY ACTIVITIES, AND MODERATE MEDICAL CARE TO OUR RESIDENTS. DURING FY 2024, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 93 RESIDENTS FOR A TOTAL OF 21,396 RESIDENT DAYS. 9383432 7711029 THE HIGHLANDS AT WYOMISSING OPERATES AN 80 BED SKILLED NURSING CARE FACILITY THAT PROVIDES HOUSING, SKILLED NURSING CARE, POST ACUTE CARE, AND SOCIAL ACTIVITIES TO OUR RESIDENTS. DURING FY 2024, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 428 RESIDENTS FOR A TOTAL OF 20,588 RESIDENT DAYS. 341811 PROVIDE RECREATIONAL ACTIVITIES FOR ELDERLY RESIDENTS 341811 32753845 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 34 0 1 528 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 8 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X KEVIN DEACOSTA 6107752300 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 KEVIN P DEACOSTA PRESIDENT/CEO 40.00 X X 303971 0 85015 MICHAEL J ROWLEY CPA TREASURER 1.00 X X 0 0 0 DAVID L GEORGE MD DIRECTOR 1.00 X 0 0 0 GEOFFREY EDDOWES CHAIRMAN 1.00 X X 0 0 0 KEITH MOONEY ESQ VICE CHAIRMAN 1.00 X X 0 0 0 PETER J CONNERS CFA DIRECTOR 1.00 X 0 0 0 DANIEL B KIMBALL SECRETARY 1.00 X X 0 0 0 JAMES SPENCER CPA DIRECTOR 1.00 X 0 0 0 MICHAEL A DUFF DIRECTOR 1.00 X 0 0 0 KAREN MILLER DIRECTOR 1.00 X 0 0 0 KAREN RIGHTMIRE DIRECTOR 1.00 X 0 0 0 CARL SEIDL DIRECTOR 1.00 X 0 0 0 KRISTEN SANTANGELO NURSING HEALTH CARE ADMINI 40.00 X 158715 0 43677 CAMERON MARTIN VP DEVELOPMENT & MARKETING 40.00 X 193439 0 54370 LORENA LAZARCHICK DIRECTOR OF COMMUNITY LIFE 40.00 X 123397 0 34526 BLAKE DAUB VP OF HUMAN RESOURCES 40.00 X 141314 0 40296 RICK MELCHER CFO 40.00 X 121639 0 33919 JARED MARTZ DIRECTOR OF COMMUNITY LIFE 40.00 X 54707 0 16120 ANITA MARTIN PERSONAL CARE ADMINISTRATO 40.00 X 98087 0 27136 HOLLY MOYLAN PERSONAL CARE ADMINISTRATO 40.00 X 12876 0 0 1208145 0 335059 6 0 1 0 BENCHMARK CONSTRUCTION 4121 OREGON PIKE PO BOX 806 BROWNSTOWN PA 17508 CONSTRUCTION SERVICES 15434672 NOLT MATHIS 313 WEST LIBERTY ST STE 323 LANCASTER PA 17603 CONSTRUCTION SERVICES 1724438 HEALTHPRO HERITAGE PO BOX 69268 BALTIMORE MD 21264 THERAPY SERVICES 958988 MORRIS AND COMPANY LLP PO BOX 200543 DALLAS TX 75320 CONSULTING SERVICES 438219 CCS BUILDING GROUP 100 WILLOW VALLEY LAKES DRIVE WILLOW STREET PA 17584 CONSTRUCTION SERVICES 426389 20 294533 294533 RESIDENTIAL FEES 623000 21705809 21705809 SKILLED NURSING 623000 7711029 7711029 PERSONAL CARE 623000 4870437 4870437 34287275 1855299 1855299 6505610 4242627 258386 2262983 -258386 2004597 2004597 HOMECARE 623000 739052 739052 TELECOMMUNICATIONS 623000 366731 366731 DINING 623000 72304 72304 387568 387568 1565655 40007359 34287275 0 5425551 X 656125 158715 445583 51827 12082821 10092718 1990103 395837 300656 93204 1977 2042701 1363255 673980 5466 930446 759431 167621 3394 130818 130818 92100 92100 4322872 2515462 1800531 6879 39710 12777 26933 3311012 3291967 19045 20017 3270 16435 312 18168 10631 7537 3782874 3761114 21760 6960459 6920422 40037 349860 347848 2012 SUPPLIES 2314658 2173134 141524 EQUIPMENT RENTAL & MAIN 465443 373518 91925 NURSING EXPENSE - OTHER 201699 201699 OUTSIDE GROUNDS MAINTEN 162186 162186 511468 305042 166776 39650 38791274 32753845 5927924 109505 3229563 2204570 1859220 3046594 215245 122491 1497036 973369 231641795 90663061 120838100 140978734 63791367 73477092 5558209 5878288 455026 1675892 197443766 228357030 6922908 6674744 1196339 1934921 84747672 106563411 42509509 43730044 135376428 158903120 X 61715793 68989614 351545 464296 62067338 69453910 197443766 228357030 X 1216085 4102348 2068139 X 0 1 X 1 0 X 1675994 2832775 216432 314270 294533 5334004 29897122 29013706 33160075 34803747 34287275 161161925 1232282 1031136 1142123 1395148 1565655 6366344 32805398 32877617 34518630 36513165 36147463 172862273 0 0 0 172862273 2194302 1771998 820077 1485032 1855299 8126708 2194302 1771998 820077 1485032 1855299 8126708 34999700 34649615 35338707 37998197 38002762 180988981 0.95510 0.95810 0.04490 0.04190 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12501790 79546 1716618 194487 57438 14046029 11697742 42418 1095668 281709 52329 12501790 13829639 21757 -1895397 199712 58545 11697742 11376733 24070 2873085 388870 55379 13829639 10659103 544985 507857 286217 48995 11376733 0 0 5000000 5000000 214239469 82612424 131627045 12402326 8050637 4351689 140978734 DEFERRED REVENUE 40762847 PROSPECTIVE RESIDENT DEPOSITS 567750 SECURITY & RESTORATION DEPOSITS 28000 GIFT ANNUITIES PAYABLE 180565 UNEARNED GRANT INCOME 2190882 43730044 46177846 4102348 2068139 6170487 40007359 0 40007359 38791274 0 38791274 0 38791274 PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PRESERVE, INCREASE, DISTRIBUTE AND UTILIZE THE ASSETS OF THE ENDOWMENT FUND FOR THE BENEFIT OF THE RESIDENTS AND COMMUNITY OF THE HIGHLANDS IN ACCORDANCE WITH THE DETERMINATIONS OF THE BOARD. TO DATE, THE FUND HAS BEEN UTILIZED TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS WHO THROUGH NO FAULT OF THEIR OWN DEMONSTRATE AN INABILITY TO PAY THE MONTHLY SERVICE FEE AND OTHER CHARGES RELATED TO THEIR RESIDENCY. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAP 2,068,139. X X 0 0 0 0 0 0 0 0 0 KEVIN P DEACOSTA PRESIDENT/CEO 303971 0 0 0 0 0 7023 0 77992 0 388986 0 0 0 CAMERON MARTIN VP DEVELOPMENT & MARKETING 193439 0 0 0 0 0 4109 0 50261 0 247809 0 0 0 KRISTEN SANTANGELO NURSING HEALTH CARE ADMINI 158715 0 0 0 0 0 4125 0 39552 0 202392 0 0 0 BLAKE DAUB VP OF HUMAN RESOURCES 141314 0 0 0 0 0 3808 0 36488 0 181610 0 0 0 LORENA LAZARCHICK DIRECTOR OF COMMUNITY LIFE 123397 0 0 0 0 0 3125 0 31401 0 157923 0 0 0 RICK MELCHER CFO 121639 0 0 0 0 0 3198 0 30721 0 155558 0 0 0 A BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAD8 2017-09-29 26895713 FINANCE A PORTION OF INDEBTEDNESS, FUND DEBT SERVICE RESERVE & PAY COSTS 0 0 0 B BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAK2 2017-12-20 18709964 FUND DESIGN & CONSTRUCTION OF FACILITIES ACQUISITION & INSTALLATION OF EQUIP 0 0 0 C NATIONAL FINANCE AUTHORITY 521304598 000000000 2022-12-21 45830000 FUND CONSTRUCTION OF FACILITIES ACQUISITION, REFINANCING LOAN & COSTS OF NOT 0 0 0 A 26895713 1969000 534610 12402844 11989259 2018 1 0 1 1 B 18709964 1377029 332935 17000000 2020 0 0 1 1 C 45830000 496234 29746890 6511121 9075755 1 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 0 A 1 B 1 C 0 BARLEY SNYDER LLP BOARD MEMBER IS PARTNER LAW FIRM 121982 LEGAL SERVICES FEES 0 DANIEL KIMBALL MD RESIDENT BOARD MEMBER 97710 PD MONTHLY RESIDENT FEES 0 KAREN MILLER RESIDENT BOARD MEMBER 51420 PD MONTHLY RESIDENT FEES 0 KAREN RIGHTMIRE RESIDENT BOARD MEMBER 93573 PD MONTHLY RESIDENT FEES 0 HERBEIN CO INC BOARD MEMBER IS PARTNER/COO OF A CPA ADVISORY FIRM 265583 HR MANAGEMENT SERVICES 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: ANNUAL COMMUNITY BENEFIT REPORT DIRECT RESIDENT CARE UNCOMPENSATED BENEVOLENT CARE $ 59,446 BAD DEBT $ 3,920 COMMUNITY IMPROVEMENT SERVICES REAL ESTATE TAXES $1,865,909 FINANCIAL AND IN-KIND DONATIONS $ 211,970 PATIENT CARE COMMUNITY SERVICES $ 9,949 COMMUNITY HEALTH EDUCATION $ 17,091 RESIDENT VOLUNTEER CONTRIBUTIONS $ 3,625 COMMUNITY BENEFIT TOTAL FISCAL YEAR 2023 - 2024 $2,171,910 FORM 990, PART VI, SECTION A, LINE 7A INDIVIDUALS ARE ELECTED AND APPOINTED TO THE GOVERNING BODY OF THE HIGHLANDS AT WYOMISSING BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED PRIOR TO FILING BY THE CFO AND STAFF. THE FORM 990 IS REVIEWED BY BOTH THE AUDIT AND RISK COMMITTEE OF THE BOARD OF DIRECTORS AND THE FULL BOARD OF DIRECTORS AND IS APPROVED BY THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, MEMBERS OF A COMMITTEE AND EXECUTIVE TEAM ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THERE ARE ALSO PERIODIC REVIEWS PERFORMED TO VERIFY ADHERENCE TO THE CONFLICT OF INTEREST POLICY. IF THE REVIEWER FINDS AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL TAKE APPROPRIATE CORRECTIVE AND/OR DISCIPLINARY ACTION. TRAINING PROVIDED ANNUALLY FOR ALL EMPLOYEES ON CORPORATE COMPLIANCE WHICH INCLUDES CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THERE IS AN EXECUTIVE COMPENSATION STUDY DONE BY AN INDEPENDENT THIRD PARTY. THE PERFORMANCE REVIEW COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION AND PERFORMANCE OF ALL KEY MEMBERS OF MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G TEMPORARY RESOURCES: PROGRAM SERVICE EXPENSES 430,957. MANAGEMENT AND GENERAL EXPENSES 82,158. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 513,115. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,991,385. MANAGEMENT AND GENERAL EXPENSES 1,524,557. FUNDRAISING EXPENSES 6,879. TOTAL EXPENSES 3,522,821. MISCELLANEOUS PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 93,120. MANAGEMENT AND GENERAL EXPENSES 193,816. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 286,936. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP 2,068,139.