2024-10-29T09:38:50-05:00 2023-12-31 010523282 Berry Dunn McNeil & Parker LLC 2211 Congress St Portland ME 04102 990 2023-01-01 030190658 Vernon Advent Christian Home Inc VERN 8022546041 61 Greenway Drive Vernon VT 05354 Corby Mousseau CFO/Director of Finance 8022546041 2024-10-28 1 1 Barbara J McGuan CPA P00219457 2077752387 2024-10-28 2023 2024-10-15 13:58:12Z Bradford Ellis 61 Greenway Drive Vernon VT 05354 9129033 0 X vernonhomes.org X 1919 VT Operation of a retirement community. 11 11 106 11 0 0 3142919 84786 8609878 8985119 20237 -367646 27 0 11773061 8702259 0 55897 0 0 4154811 4577786 0 0 0 5477747 6302704 9632558 10936387 2140503 -2234128 8560062 8760812 3269357 5620011 5290705 3140801 Operation of a retirement community. 0 0 8984152 55897 8985119 Operation of a retirement community. 8984152 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 23 0 1 106 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MA X X Corby Mousseau 8022546041 61 Greenway Drive Vernon VT 05354 Glenda Dwyer Chair 2.00 1.50 X 0 0 0 Bruce Burks Vice Chair 2.00 1.50 X 0 0 0 Scott Towle Treasurer 2.00 1.50 X 0 0 0 Judy Jewett Clerk 2.00 1.50 X 0 0 0 Kathie Davis Board Member 2.00 1.50 X 0 0 0 Alfred Goodwin Board Member 2.00 1.50 X 0 0 0 John Jones Board Member 2.00 1.50 X 0 0 0 William Monroe Member Emeritus 2.00 1.50 X 0 0 0 Deborah Reed Board Member 2.00 1.50 X 0 0 0 Jean Squire Board Member 2.00 1.50 X 0 0 0 Darrell Young Board Member 2.00 1.50 X 0 0 0 Bradford Ellis CEO/Executive Director 50.00 0.00 X 146275 0 21014 Corby Mousseau CFO/Director of Finance 40.00 0.00 X 91237 0 0 Lawrence Knowles COO/President 1.00 40.00 X 0 135304 0 Wanda Scully Director of Nursing 40.00 0.00 X 122830 0 2445 Jason Veaudry MDS Coordinator 40.00 0.00 X 106102 0 439 466444 135304 23898 3 0 1 0 TLC HomeCare 1550 Willston Road South Burlington VT 054072244 Temp Labor Service 1072004 Fusion Medical Staffing LLC PO Box 30131 Omaha NE 681031231 Temp Labor Service 871632 Glendale Dining 749 East Industrial Drive Manchester NH 03109 Dietary Services 645014 CTI III LLC 1720 Prairie City Rd Folsom CA 95630 COVID Grant Service 500944 Healthcare Services Group Inc PO Box 829677 Philadelphia PA 191829677 Housekeeping/Laundry Services 266817 11 21236 63550 84786 Patient Revenue 623000 8921537 8921537 Miscellaneous Revenue 623000 63582 63582 8985119 11253 11253 47875 49110 377664 -1235 -377664 -378899 -378899 8702259 8985119 0 -367646 X 55897 55897 258526 258526 3550364 3181776 368588 16611 16611 442652 442652 309633 309633 73452 73452 3380166 3364791 15375 66803 66803 22612 22612 132061 18000 114061 602052 602052 15977 8949 7028 31464 31464 444596 444596 228304 107668 120636 Supplies Expenses 649072 649072 Bed Tax 295172 295172 Rehabilitative Services 223957 223957 Miscellaneous Expenses 137016 758 136258 10936387 8984152 1952235 0 X 315101 186162 91334 0 734195 1250553 82123 82123 170713 22043 15646654 9060931 4737998 6585723 402008 333128 2117924 209746 8560062 8760812 972133 1858707 658847 2672305 1638377 1088999 3269357 5620011 X 5376665 3134201 -85960 6600 5290705 3140801 8560062 8760812 X -2234128 37359 44027 2838 X 0 1 X 1 1 1 X 125926 1531057 484374 3142919 84786 5369062 125926 1531057 484374 3142919 84786 5369062 890422 4478640 34089 17649 22940 19984 11253 105915 3901 27 3928 5478905 39692778 0.81740 0.95930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 264363 264363 7398755 6790052 608703 1945694 1470249 475445 6037842 800630 5237212 6585723 Gift Annuity Liabilities 50423 Due to Affliates 1038576 1088999 8742456 37359 2838 40197 8702259 0 8702259 10936387 0 10936387 0 10936387 Part XI, Line 2d - Other Adjustments: Change in present value of gift annuities 2,838. 1 Advent Christian Retirement Communities Inc 143 Rogers Road Kittery ME 03904 043880256 501(c)(3) 36526 0 General Assistance Vernon Continuing Care Homes Inc 143 Rogers Road Kittery ME 03904 020427450 501(c)(3) 19371 0 General Assistance 2 0 Part I, Line 2: Funds are given to related organizations disclosed on Schedule R Part II for its operation expenses and are paid directly to the vendors. No cash or funds are passed directly to the related organizations. X X X X 0 0 0 0 0 0 0 0 0 Bradford Ellis CEO/Executive Director 146275 0 0 0 0 0 0 0 21014 0 167289 0 0 0 Form 990, Part VI, Section B, line 11b Draft of the 990 was sent to Board of Directors for review and received back confirmation of their full agreement with the documents received. Form 990, Part VI, Section B, line 12c A conflict of interest policy has been in development through 2010, and was accepted at a 02/4/11 Board of Director's meeting with the provision that it be reviewed and ratified as final at the 05/6/11 Board Meeting. Included in the policy is an "Officer and Director Annual Conflict of Interest Statement" that each director is required to complete and sign each year. The Executive Committee of the Board will annually review and assess these statements and take any actions deemed appropriate as are necessary for effective oversight of the policy's standards. Form 990, Part VI, Section B, line 15a Executive Director compensation is reviewed and approved annually by the Board of Directors. Determinations are based on years of services and cost of living. Records of compensation determinations are found in the meeting minutes. Form 990, Part VI, Section C, line 19 These documents are furnished upon written request to the Chief Executive Officer. Form 990, Part IX, line 11g Contracted Services: Program service expenses 3,278,219. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,278,219. Other Professional Fees: Program service expenses 86,572. Management and general expenses 15,375. Fundraising expenses 0. Total expenses 101,947. Form 990, Part X, Line 10: Land, Buildings, and Equipment Section 1.263(a)-3(n) Election: Vernon Advent Christian Home, Inc. 61 Greenway Drive Vernon, VT 05354 EIN: 03-0190658 Vernon Advent Christian Home, Inc. is electing to capitalize repair and maintenance costs under Regulation Section 1.263(a)-3(n). Form 990, Part XI, line 9: Annuity Present Value Adjustment 2,838. Form 990, Part XI, Line 8: Prior Year Adjustment The 2022 financial statements have been restated to correct errors in gift annuity liabilities and the net asset classification of the charitable remainder annuity trusts, net of the gift annuity liabilities. The gift annuity liabilities as previously recorded had not been adjusted for payments made on the annuities over several years. In addition, under U.S. GAAP, the net balance of annuities are not required to be recorded as net assets with donor restrictions. The result of this correction was to decrease net assets without donor restrictions by $14,010, increase net assets with donor restrictions by $58,037, and decrease gift annuity liabilities by $44,027. Advent Christian Retirement Communites Inc 143 Rogers Road Kittery ME 03904 043880256 Fundraising VT 501(c)(3) Line 12b, II 0 Vernon Continuing Care Home 143 Rogers Road Kittery NH 03904 020427450 Continuing Care NH 501(c)(3) Line 10 0 Vernon Advent Life Income Trust Fund 61 Greenway Drive Vernon VT 053549711 Charitable Remainder Trusts VT Vernon Advent Christian Home Inc T 4317 54297 1.00000 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0