2023-02-09T13:27:12-06:00 2022-06-30 232108173 RKL LLP PO BOX 8408 LANCASTER PA 176048408 990 2021-07-01 251542218 FOXDALE VILLAGE CORPORATION FOXD 8142383322 500 EAST MARYLYN AVENUE STATE COLLEGE PA 16801 DEBORAH SHUGHART CHIEF FINANCIAL OFFICER 8142383322 2023-02-03 1 DEBORAH SHUGHART 999009999 MOLLY L RAMOS CPA P00399762 7173945666 2023-02-03 3 AAL1 IAL1 2021 2023-03-07 01:45:13Z DEBORAH SHUGHART 500 EAST MARYLYN AVENUE STATE COLLEGE PA 16801 74953729 0 X WWW.FOXDALEVILLAGE.ORG X 1986 PA FOXDALE VILLAGE IS A QUAKER DIRECTED NONPROFIT PROVIDING HIGH QUALITY CARE FOR OLDER PEOPLE. 15 15 305 125 0 0 1484023 808970 19791128 20709480 2649350 9750114 73669 188953 23998170 31457517 20195 27315 0 0 10705083 10449035 0 0 7507 11095204 11258842 21820482 21735192 2177688 9722325 100131144 93656405 64002590 63256062 36128554 30400343 X FOXDALE VILLAGE IS A QUAKER-DIRECTED NONPROFIT ORGANIZATION THAT TAKES A COMMUNITY-BASED, HOLISTIC APPROACH TO PROVIDING HIGH QUALITY SERVICES AT A FAIR COST FOR THE WELL-BEING OF OLDER PEOPLE. 0 0 19561739 27315 20718120 FOXDALE VILLAGE PROVIDES A SAFE AND SECURE HOME AS WELL AS APPROPRIATE HEALTHCARE FOR ALL OF OUR RESIDENTS. FOXDALE VILLAGE HAS BEEN CARING FOR PEOPLE FOR OVER THIRTY YEARS. DURING THIS SPAN, FOXDALE HAS HELPED OUR RESIDENTS ENJOY THE HIGHEST LEVELS OF INDEPENDENCE AND WELLNESS POSSIBLE. FOXDALE IS AN INTELLECTUALLY AND SOCIALLY VIBRANT COMMUNITY THAT IS CONSTANTLY SHAPED BY THE ACTIVITIES AND THE DIRECTION OF OVER SIXTY RESIDENT ASSOCIATION COMMITTEES. 2022 FY - FOXDALE SERVED OVER 350 RESIDENTS AND THEIR FAMILIES, WHILE EMPLOYING 150 FULL TIME AND UP TO 160 PART TIME/CASUAL STAFF. THE MAJORITY OF FOXDALE RESIDENTS ARE LIVING IN RESIDENTIAL LIVING UNITS, EITHER COTTAGE HOMES OR ON-CAMPUS APARTMENTS. THERE THEY HAVE THE PEACE OF MIND THAT PERSONAL CARE, SKILLED NURSING AND/OR MEMORY CARE WILL BE PROVIDED AS NECESSARY ON A SHORT TERM OR PERMANENT BASIS. THERE ARE 205 COTTAGES/APARTMENTS ON SITE. IN ADDITION, THERE ARE 46 LICENSED SKILLED NURSING ROOMS AND 55 PRIVATE PERSONAL CARE ROOMS AVAILABLE FOR THE PROGRESSION OF CARE. FINANCIAL POSITIONFOXDALE ENDED THE FISCAL YEAR IN A STRONG FINANCIAL POSITION ESPECIALLY WHEN CONSIDERING THE ONGOING IMPACTS THAT THE HEALTH PANDEMIC HAD ON BOTH REVENUE AND EXPENSES. FY 2022 BROUGHT OCCUPANCY DELAYS AND STAFFING CHALLENGES NOT SEEN IN PRIOR YEARS OF OPERATION. REDUCTIONS IN REVENUE REALIZED PRIMARILY BY SUPPLY CHAIN ISSUES APPROXIMATELY CORRESPONDED TO DIFFICULTIES IN STAFFING/LABOR. HOWEVER, THE NET EFFECT OF BOTH ELEMENTS WAS A SLIGHTLY POSITIVE FINANCIAL RESULT FROM OPERATIONS FOR THE YEAR. AT 6/30/2022, THE CORPORATION HAD 556 DAYS CASH ON HAND, WHICH EXCEEDS THE INDUSTRY AVERAGE FOR SIMILAR OPERATIONS.OUR VALUED WORKFORCEFOXDALE'S WORKFORCE ENCOMPASSES STAFF WORKING IN MAINTENANCE, HOUSEKEEPING, ADMINISTRATION, SAFETY, HEALTHCARE, WELLNESS, AND DINING SERVICES. FOXDALE OFFERS AN EXCEPTIONAL BENEFITS PROGRAM FOR EMPLOYEES, INCLUDING FUNDING FOR PROFESSIONAL DEVELOPMENT. SUPPORT FOR PROFESSIONAL DEVELOPMENT IS INCLUDED IN THE ANNUAL BUDGET AND MADE AVAILABLE VIA THE TRAINING AND TUITION REIMBURSEMENT FUND (WHICH WAS ESTABLISHED BY ANONYMOUS DONORS). IN THE 2022 FISCAL YEAR, $42,600 IN GRANTS WAS AWARDED TO STAFF FROM THE TRAINING & TUITION FUND. STAFF ALSO HAVE ACCESS TO WELLNESS PROGRAMS, EXERCISE EQUIPMENT, AND HEALTH SCREENINGS. PHILANTHROPIC SUPPORT DIRECTED TO THE GIVERS OF CARE FUND PROVIDES ACCESS TO NO-INTEREST LOANS TO STAFF FACING SHORT-TERM EMERGENCIES.PHILANTHROPIC COMMUNITY FOXDALE RESIDENTS AND STAFF HAVE BENEFITED FROM PHILANTHROPY THAT DONORS HAVE GENEROUSLY DIRECTED TO FOXDALE. THANKS TO COUNTLESS GIFTS MADE TO THE ORGANIZATION SINCE ITS FOUNDING, RESIDENTS AND THEIR FAMILIES CAN REST ASSURED THAT CARE WILL CONTINUE SHOULD FINANCIAL CHALLENGES IMPEDE A RESIDENT'S ABILITY TO FULFILL THEIR FINANCIAL OBLIGATIONS TO FOXDALE. IN FISCAL 2022, THE COMMUNITY FUND PROVIDED $184,600 IN ASSISTANCE TO RESIDENTS. IN FISCAL 2022, FOXDALE AGAIN CONTRIBUTED TO OVER 20 LOCAL NON PROFITS ORGANIZATIONS WITHIN THE COMMUNITY INCLUDING THE UNITED WAY, LOCAL FOOD BANK, MEALS ON WHEELS AND A NUMBER OF MEDICAL/HEALTH RELATED ORGANIZATIONS. RESIDENTS, STAFF AND INTERNS ALSO ENGAGE WITH OUR COMMUNITY THROUGH A VARIETY OF VOLUNTEER EFFORTS INCLUDING HOLIDAY FOOD DRIVE AND ANNUAL CHILDREN'S HOLIDAY GIFT DRIVE. ENVIRONMENTAL STEWARDSHIP FOXDALE MAINTAINS A COMMITMENT TO THE QUAKER PRINCIPAL OF STEWARDSHIP OF THE EARTH WHILE ENSURING SOUND FISCAL MANAGEMENT. FROM THE USE OF OVER 3,000 LED LIGHTS, THE USE OF GEOTHERMAL HEATING/COOLING SYSTEM AND A CONCERTED EFFORT TO INCREASE COMPOSTING, FOXDALE STRIVES TO REDUCE THE BURDEN PLACED ON AREA UTILITIES AND THE ENVIRONMENT. FOXDALE WAS ONE OF THREE AREAS BUSINESSES TO RECEIVE THE EMERALD AWARD BY THE CENTRE COUNTY RECYCLING AUTHORITY IN RECOGNITION OF OUR COMMITMENT TO CAMPUS RECYCLING ACTIVITIES. SUMMARY THANKS TO THE EFFORTS OF OUR DEDICATED STAFF, FOXDALE WAS VOTED BEST RETIREMENT COMMUNITY AGAIN THIS YEAR BY READERS OF STATE COLLEGE MAGAZINE, MARKING THE NINTH CONTINUOUS YEAR FOR THIS AWARD. FOXDALE'S INTELLECTUAL ENGAGEMENT, FOCUS ON WELLNESS AND SAFETY, COMMITMENT TO SUSTAINABILITY, OUR BEAUTIFUL NEIGHBORHOODS AND GROUNDS ARE JUST A FEW OF THE REASONS THAT RESIDENTS AND OTHERS RATE OUR COMMUNITY SO HIGHLY. WE INVITE ALL WHO MAY BE INTERESTED TO LEARN MORE AT WWW.FOXDALEVILLAGE.ORG 19561739 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 54 0 1 305 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X X DEBORAH SHUGHART CFO 8142383322 500 EAST MARYLYN AVENUE STATE COLLEGE PA 16801 MS CONNIE WHEELER CLERK 2.00 X X 0 0 0 MR SELDEN SMITH ASST. CLERK 2.00 X X 0 0 0 MS SABRINA CHAPMAN RECORDING CLERK 2.00 X X 0 0 0 MR KEN MARTIN TREASURER 2.00 X X 0 0 0 MS LYDIA ABDULLAH BOARD MEMBER (END 6/22) 2.00 X 0 0 0 MS LORNA AROCENA BOARD MEMBER 2.00 X 0 0 0 MS MARSHA BARTLETT BOARD MEMBER 2.00 X 0 0 0 MS JACKIE BONOMO BOARD MEMBER (END 6/22) 2.00 X 0 0 0 MR GLENN CARTER BOARD MEMBER 2.00 X 0 0 0 MS NANCY EATON BOARD MEMBER 2.00 X 0 0 0 MS KATY LUMLEY-SAPANSKI BOARD MEMBER 2.00 X 0 0 0 MR ROB NICHOLAS BOARD MEMBER 2.00 X 0 0 0 MS BETH RESKO BOARD MEMBER 2.00 X 0 0 0 MR THOMAS SCHRACK BOARD MEMBER 2.00 X 0 0 0 MR MICK SMYER BOARD MEMBER 2.00 X 0 0 0 MS DEBORAH SHUGHART CFO 40.00 X 174434 0 27136 MS TAMA CAREY CEO 40.00 X 267424 0 25828 MS MARGARET CLOUSER DIRECTOR OF HEALTH SERVICES 40.00 X 138155 0 29270 MS JULIE HARTLEY DIRECTOR OF HUMAN RESOURCES UNTIL 3/22 40.00 X 121997 0 16772 MR ADAM DAY DIRECTOR OF ENV SERVICES 40.00 X 113924 0 27695 MR GIANCARLO BRADASCHIA DIRECTOR OF IT 40.00 X 107385 0 15425 MS DIANE BIRMINGHAM RN SUPERVISOR 40.00 X 106912 0 15394 1030231 0 157520 7 0 1 0 WARFEL CONSTRUCTION 1110 ENTERPRISE ROAD EAST PETERSBURG PA 17520 CONSTRUCTION 3357064 MORRISON COMMUNITY LIVING 400 NORTHRIDGE ROAD ATLANTA GA 30350 FOOD SERVICE 883705 FLAGSHIP REHABILITATION 157 BALTIMORE STREET STE 200 CUMBERLAND MD 21502 REHAB SERVICES/THERAPY 645175 WOHLER CONSTRUCTION 320 SIXTH STREET DUNCANSVILLE PA 16635 CONSTRUCTION 267067 FULTON ADVISORS PO BOX 3215 LANCASTER PA 17604 INVESTMENT MANAGEMENT FEES 148672 6 412784 396186 808970 RESIDENT SERVICE REVENUE 623000 20709480 20709480 20709480 952820 952820 61695 4329 57366 57366 57366 52289177 43491883 8797294 8797294 8797294 DINING REVENUE 900099 58275 58275 GUEST HOUSE REVENUE 721000 29219 29219 MISCELLANEOUS REVENUE 900099 22571 22571 21522 8640 12882 131587 31457517 20718120 0 9930427 27315 27315 507556 149320 358236 7535668 7011451 517830 6387 326802 297372 29297 133 1438745 1438118 627 640264 515167 124871 226 11441 11441 46269 46269 148672 148672 1300077 676321 623756 133034 133034 592735 581525 11076 134 364730 296237 68493 1369876 1356177 13699 31476 27415 4061 19531 11098 8433 1220584 1208359 12225 3171857 3140114 31743 233752 231414 2338 FOOD - PROGRAM 769914 769914 THERAPIES - PROGRAM 628107 628107 REPAIRS AND MAINTENANCE 578422 573923 4499 PHARMACY - PROGRAM 276367 276367 361998 212991 149007 21735192 19561739 2165946 7507 575 576 301794 48454 23402 27767 413785 344804 150000 463713 282430 323189 90626529 33340978 55717491 57285551 42660637 34662798 581030 499553 100131144 93656405 1616436 1441282 27937846 27214424 34129308 32683106 1500250 319000 417000 64002590 63256062 X 28086137 23614368 8042417 6785975 36128554 30400343 100131144 93656405 X 9722325 -15415546 -34990 X X 0 1 X 1 0 X 226425 405983 315351 1484023 808970 3240752 20285021 20748956 21178261 19791128 20709480 102712846 122609 113372 88873 46763 122947 494564 20634055 21268311 21582485 21321914 21641397 106448162 10825 10825 0 10825 10825 106437337 683217 780405 839026 676375 1014515 3993538 683217 780405 839026 676375 1014515 3993538 9360 10080 8640 8640 36720 21317272 22058076 22431591 22006929 22664552 110478420 0.96340 0.96670 0.03610 0.03300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2831394 2831394 79092198 27486638 51605560 8158296 5854340 2303956 544641 544641 57285551 REFUNDABLE DEPOSITS 417000 417000 X 15862638 -15415546 -30661 -15446207 31308845 148672 148672 31457517 21590849 4329 4329 21586520 148672 148672 21735192 PART X, LINE 2: THE CORPORATION FOLLOWS THE STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ACCORDING TO THE PRINCIPLES OF ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE CORPORATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 4,329. VALUE ADJUSTMENT ON PERMANENTLY RESTRICTED NET ASSETS -34,990. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 4,329. X X X X X X 0 0 0 0 0 0 0 0 0 MS TAMA CAREY CEO 267424 0 0 0 0 0 17383 0 8445 0 293252 0 0 0 MS DEBORAH SHUGHART CFO 174434 0 0 0 0 0 11338 0 15798 0 201570 0 0 0 MS MARGARET CLOUSER DIRECTOR OF HEALTH SERVICES 138155 0 0 0 0 0 8980 0 20290 0 167425 0 0 0 A CENTRE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 202121974 2010-10-14 30000000 NEW CONSTRUCTION AND CAMPUS RENOVATIONS 0 0 0 B CENTRE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 202121974 2011-07-27 9640000 NEW CONSTRUCTION AND CAMPUS RENOVATIONS 0 0 0 C CENTRE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 202121974 2012-02-09 9355690 NEW CONSTRUCTION AND CAMPUS RENOVATIONS 0 0 0 A 9167000 30000000 609006 329373 27982386 1079235 2013 0 0 1 1 B 2907865 9640000 169823 140234 8983143 346800 2013 0 0 1 1 C 4237719 9355690 29794 139969 8770896 394931 2013 0 0 1 1 A 0 0 1 1 0 0 0 1 B 0 0 1 1 0 0 0 1 C 0 0 1 1 0 0 0 1 A 1 1 0 0 0 0 B 1 1 0 0 0 0 C 1 1 0 0 0 0 A 1 B 1 C 1 SCHEDULE K, PART IV, LINE 7: FOXDALE VILLAGE DOES NOT HAVE A DEBT SERVICE RESERVE FUND ASSOCIATED WITH ANY OF THE THREE OUTSTANDING DEBT ISSUES. AS SUCH, FOXDALE VILLAGE DOES NOT HOLD FUNDS TO WHICH THE REQUIREMENTS OF SECTION 148 PERTAINS. SUCH PROVISIONS FOR THE ACCOUNTING OF SECTION 148 WILL BE PUT INTO PLACE IF THE FINANCING STRUCTURE OF FOXDALE VILLAGE CHANGES AND SUCH REQUIREMENTS APPLY. FORM 990, PART VI, SECTION B, LINE 11B THE INFORMATION USED IN THE 990 WAS PREPARED PRIMARILY BY THE CHIEF FINANCIAL OFFICER WHO PROVIDED THIS INFORMATION TO THE AUDITING FIRM RKL LLP. RKL LLP PREPARED THE 990 AND SUBMITTED IT BACK TO THE FINANCE AND PROPERTY COMMITTEE FOR REVIEW AT THEIR COMMITTEE MEETING. THE COMMITTEE THEN FORWARDED THE DOCUMENT TO THE BOARD OF TRUSTEES FOR THEIR REVIEW, AT WHICH TIME IT WAS FORMALLY APPROVED. AFTER APPROVAL, RKL LLP SUBMITTED THE 990 TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS AND KEY EMPLOYEES MUST SUBMIT A CONFLICT OF INTEREST STATEMENT, AND THESE STATEMENTS ARE REVIEWED BY EACH BOARD MEMBER AT THE BOARD MEETING. INDIVIDUAL BOARD MEMBERS ARE ENCOURAGED TO ASK QUESTIONS REGARDING ANYONE WITH A CONFLICT AT THAT MEETING, AND THE BOARD WOULD DECIDE IF THEY FEEL THE CONFLICT IS LARGE ENOUGH TO REQUIRE ACTION. NO CONFLICTS EXIST. KEY EMPLOYEE FORMS (EXECUTIVE TEAM AND DEPARTMENT HEADS) ARE REVIEWED AND MAINTAINED BY THE COMPLIANCE LIAISON WHO ALSO REPORTS TO THE COMPLIANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE SALARY FOR THE CHIEF EXECUTIVE OFFICER (CEO) TAKING INTO CONSIDERATION THE ACTUAL JOB DUTIES AS WELL AS TRAINING AND EXPERIENCE. THE PRIMARY TOOL FOR COMPARITIVE PURPOSES IS A GROUP OF SALARY SURVEYS OF PEER ORGANIZATIONS. ALL OTHER EMPLOYEE COMPENSATION RATES ARE ESTABLISHED BY THE CEO AND THE DIRECTOR OF HUMAN RESOURCES USING PEER GROUP SALARY SURVEYS AND LOCAL LABOR MARKET MEASUREMENTS TO ENSURE THAT ESTABLISHED LABOR RATES ARE COMPETITIVE WITHOUT EXCEEDING FAIR MARKET VALUE. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 18 COPIES OF THE ORGANIZATION'S FORM 1023 AND FORM 990 ARE PLACED IN PUBLIC AREAS AT THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE BY REQUEST FROM THE ADMINISTRATION OF FOXDALE VILLAGE. BOARD MEETING SUMMARIES ARE MADE AVAILABLE TO THE PUBLIC IN THE FOXDALE VILLAGE LIBRARY AND POSTED ON THE RESIDENT BULLETIN BOARD FOLLOWING THE MEETINGS. FORM 990, PART XI, LINE 9: VALUE ADJUSTMENT ON PERMANENTLY RESTRICTED NET ASSETS -34,990. FORM 990, PART XII, LINE 2C THE FINANCE AND PROPERTY COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.