2023-05-15T18:33:40-05:00 2022-06-30 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2021-07-01 232132688 ELM TERRACE GARDENS ELMT 2153615664 660 N BROAD STREET LANSDALE PA 19446 ROBERT PARVIN COO 2153615664 2023-05-15 1 ROBERT PARVIN XXX-XX-XXXX KERRI N BOGDA CPA P00760402 7177404863 2023-05-15 X 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z TIMOTHY MURPHY 660 N BROAD STREET LANSDALE PA 19446 26316925 0 X WWW.ELMTERRACEGARDENS.ORG X 1979 PA PROVIDES QUALITY HOUSING, HEALTH CARE AND OTHER RELATED SERVICES TO RESIDENTS. 11 11 180 45 0 0 2502795 2211331 19494250 20438723 211132 119066 111102 334909 22319279 23104029 0 0 0 0 9130772 9140939 0 0 0 12681023 14201962 21811795 23342901 507484 -238872 46086222 44942521 32116894 31744751 13969328 13197770 X ELM TERRACE GARDENS, A NON-PROFIT CORPORATION, SERVES OLDER ADULTS BY PROVIDING INDEPENDENT LIVING, PERSONAL CARE, AND SKILLED NURSING SERVICES IN A SAFE, CARING, ATTRACTIVE, STIMULATING, AND SPIRITUALLY NOURISHING ENVIRONMENT. ACCORDINGLY, WE SEEK THE HIGHEST LEVELS OF RESIDENT WELL BEING WITHIN THE CONTEXT OF STATE-OF-THE-ART LONG TERM CARE. 0 0 20158189 0 20438723 ELM TERRACE GARDENS OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING QUALITY HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF A 72-BED NURSING FACILITY, A 64-BED PERSONAL CARE FACILITY, A 24 BED MEMORY SUPPORT FACILITY, AND 146 INDEPENDENT LIVING APARTMENTS. THE COMPANY'S OPERATIONS ARE LOCATED IN LANSDALE, PENNSYLVANIA. ITS PRIMARY SERVICE AREA INCLUDES LANSDALE, PENNSYLVANIA AND SURROUNDING COMMUNITIES IN MONTGOMERY COUNTY, PENNSYLVANIA. THE ORGANIZATION SERVED 394 RESIDENTS DURING THE FISCAL YEAR.THE COMPANY PROVIDES INDEPENDENT LIVING, PERSONAL CARE AND MEMORY CARE SERVICES TO RESIDENTS WHO MEET CERTAIN CRITERIA AT AMOUNTS LESS THAN ITS COST OF PROVIDING CARE. THE COMPANY MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF BENEVOLENT CARE IT PROVIDES. THE COSTS ASSOCIATED WITH THE BENEVOLENT CARE SERVICES PROVIDED INCLUDE BOTH DIRECT COSTS AND ESTIMATED INDIRECT COSTS, AS CALCULATED BY MANAGEMENT. 20158189 1 1 0 1 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 180 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 1 0 PA X TIMOTHY MURPHY PRESIDENT AND CEO 2153615664 660 N BROAD STREET LANSDALE PA 19446 HAROLD MATHUES CHAIRMAN 2.00 0.00 X X 0 0 0 CLIFFORD T STOUT VICE CHAIRMAN 2.00 0.00 X X 0 0 0 DON HELPA SECRETARY 2.00 0.00 X X 0 0 0 JOHN PAROLA TREASURER 2.00 0.00 X X 0 0 0 JAMES BURNS DIRECTOR 2.00 0.00 X 0 0 0 NANCY BUTTERWORTH DIRECTOR 2.00 0.00 X 0 0 0 CRAIG CAMPBELL DIRECTOR 2.00 0.00 X 0 0 0 NATALIE GLANTZ DIRECTOR 2.00 0.00 X 0 0 0 JOHN HENLEY DIRECTOR 2.00 0.00 X 0 0 0 REV ERIC KRAIHANZEL DIRECTOR 2.00 0.00 X 0 0 0 KATHRYN TATUM DIRECTOR 2.00 0.00 X 0 0 0 TIMOTHY MURPHY PRESIDENT/CEO 40.00 0.00 X 254239 0 26629 ROBERT PARVIN COO 40.00 0.00 X 166343 0 43620 JOYCE MCINERNEY DIRECTOR OF NURSING 40.00 0.00 X 118045 0 20580 ERIN TROUT MARKETING DIRECTOR 40.00 0.00 X 161253 0 43314 MARIAN KEAL REGISTERED NURSE 40.00 0.00 X 134782 0 7948 CAROL MANES REGISTERED NURSE 40.00 0.00 X 132448 0 0 LATASHA WILLIAMS PERSONAL CARE CLINICAL MANAGER 40.00 0.00 X 111993 0 4099 1079103 0 146190 9 0 1 0 UNIDINE 1000 WASHINGTON ST 510 BOSTON MA 02118 FOOD SERVICES 7142398 POWERBACK REHABILITATION PO BOX 821322 PHILADELPHIA PA 19175 THERAPY 2908345 RN PLUS INC 515 PENNSYLVANIA AVE SUITE 103 FORT WASHINGTON PA 19034 AGENCY STAFFING 1894974 BAKER TILLY US LLP BOX 78975 MILWAUKEE WI 532788975 ACCOUNTING SERVICES 444538 PRN STAFFING INC 627 SWEDESFORD RD MALVERN PA 19355 AGENCY STAFFING 330165 14 900818 1310513 2211331 NET RESIDENT SERVICE REVENUE 623000 20438723 20438723 20438723 76903 76903 377705 184262 193443 193443 193443 3053632 3011469 42163 42163 42163 18696 17165 1531 1531 BARBER & BEAUTY REVENUE 623000 71155 71155 MEDICAL RECORDS/OTHER INCOME 623000 51785 51785 TELEPHONE REVENUE 623000 13059 13059 3936 3936 139935 23104029 20438723 0 453975 X 502774 502774 7202322 6501079 701243 218357 205806 12551 630010 575238 54772 587476 498835 88641 117061 117061 53663 53663 870 870 7592088 7139653 452435 118335 118335 137500 33276 104224 195838 27836 168002 1383464 1383464 19803 18761 1042 1786 1786 552348 497113 55235 2381937 2139565 242372 191745 191745 MEDICAL SUPPLIES 438263 432655 5608 BAD DEBT EXPENSE 312960 312960 PA NURSING HOME ASSES. 204188 204188 LICENSES AND FEES 198864 82013 116851 301249 226962 74287 23342901 20158189 3184712 0 400 200 2734874 4306426 1340105 943017 31292 31292 233846 219908 59834671 24717497 37245200 35117174 4409928 4155177 90577 169327 46086222 44942521 1650055 2820091 184284 265701 14264475 12797080 287485 287485 15730595 15574394 32116894 31744751 X 13969328 12994193 203577 13969328 13197770 46086222 44942521 -238872 -532686 0 X 0 1 X 1 0 X 65173 8895 11207 2502795 2211331 4799401 18716369 20251488 20917156 19494250 20438723 99817986 18781542 20260383 20928363 21997045 22650054 104617387 0 0 0 104617387 149817 506723 372414 387124 454608 1870686 149817 506723 372414 387124 454608 1870686 193981 236951 915307 125518 158631 1630388 19125340 21004057 22216084 22509687 23263293 108118461 0.96760 0.96820 0.01730 0.01580 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: BARBER AND BEAUTY SHOP - 2017 AMOUNT: $ 87,316. 2018 AMOUNT: $ 127,220. 2019 AMOUNT: $ 84,395. 2020 AMOUNT: $ 56,137. 2021 AMOUNT: $ 71,155. COVID STIMULUS - 2019 AMOUNT: $ 649,739. 2020 AMOUNT: $ 16,663. GUEST QUARTERS MEALS - 2017 AMOUNT: $ 20,607. 2018 AMOUNT: $ 26,458. 2019 AMOUNT: $ 20,417. 2020 AMOUNT: $ 1,400. 2021 AMOUNT: $ 1,436. LAUNDRY REVENUE - 2017 AMOUNT: $ 9,318. 2018 AMOUNT: $ 6,326. 2019 AMOUNT: $ 85,397. 2020 AMOUNT: $ 2,030. 2021 AMOUNT: $ 945. MEDICAL RECORDS/OTHER INCOME - 2017 AMOUNT: $ 6,719. 2018 AMOUNT: $ 4,647. 2019 AMOUNT: $ 694. 2020 AMOUNT: $ 622. 2021 AMOUNT: $ 51,785. STORE INVENTORY - 2017 AMOUNT: $ 38,551. 2018 AMOUNT: $ 34,910. 2019 AMOUNT: $ 38,961. 2020 AMOUNT: $ 23,893. 2021 AMOUNT: $ 18,696. TELEPHONE REVENUE - 2017 AMOUNT: $ 26,110. 2018 AMOUNT: $ 32,708. 2019 AMOUNT: $ 31,312. 2020 AMOUNT: $ 16,985. 2021 AMOUNT: $ 13,059. TRANSPORTATION REVENUE - 2017 AMOUNT: $ 5,360. 2018 AMOUNT: $ 4,682. 2019 AMOUNT: $ 4,392. 2020 AMOUNT: $ 7,788. 2021 AMOUNT: $ 1,555. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 870 870 0 PART II-B, LINE 1: THE ORGANIZATION IS A MEMBER OF AND PAYS DUES TO LEADINGAGE AND LEADINGAGE PA, TWO ORGANIZATIONS WHICH ADVOCATE FOR SENIOR CITIZENS. A PORTION OF THE DUES IS ALLOCATED TO LOBBYING EXPENSES. 1507117 1507117 56984535 23244461 33740074 1343019 1473036 -130017 35117174 REFUNDABLE FEES AND DEPOSITS 1060296 DEFERRED REVENUE - ENTRANCE FEES 14514098 15574394 22772770 -532686 -532686 23305456 -201427 -201427 23104029 23544328 201427 201427 23342901 0 23342901 PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -184,262. COST OF GOODS SOLD -17,165. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 184,262. COST OF GOODS SOLD 17,165. X X X 0 0 0 0 0 0 0 1 0 TIMOTHY MURPHY PRESIDENT/CEO 254239 0 0 0 0 0 13132 0 13497 0 280868 0 0 0 ROBERT PARVIN COO 166343 0 0 0 0 0 9981 0 33639 0 209963 0 0 0 ERIN TROUT MARKETING DIRECTOR 161253 0 0 0 0 0 9675 0 33639 0 204567 0 0 0 PART I, LINE 7 THE ORGANIZATION HAS AN INCENTIVE COMPENSATION PLAN FOR A SELECT GROUP OF EXECUTIVES WHICH IS BASED ON QUANTITATIVE AND QUALITATIVE GOALS, INCLUDING MEETING OR EXCEEDING BUDGETED AMOUNTS, RESIDENT AND EMPLOYEE SATISFACTION, SURVEY COMPARISONS, COMPLIANCE WITH REGULATIONS AND ADHERENCE TO STRATEGIC PLANNING. THE INCENTIVE COMPENSATION CANNOT EXCEED 15% OF THE INDIVIDUAL'S BASE COMPENSATION. THE ORGANIZATION HAS AN INCENTIVE COMPENSATION PLAN FOR MARKETING TEAM MEMBERS WHICH IS BASED ON QUANTITATIVE GOALS RELATED TO THE FILLING OF THE IL, SNF, PC, AND MSF UNITS. A NORTH PENN HEALTH HOSPITAL AND EDUCATIONAL AUTHORITY 232130191 2004-07-22 10000000 CONSTRUCTION AND REFINANCING 0 0 0 B NORTH PENN HEALTH HOSPITAL AND EDUCATIONAL AUTHORITY 232130191 2007-03-21 4885000 CONSTRUCTION AND REFINANCING 0 0 0 C HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY 232622492 2015-01-29 2500000 CONSTRUCTION AND RENOVATIONS 0 0 0 D HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY 232622492 2014-12-22 10000000 CONSTRUCTION AND RENOVATIONS 0 0 0 A 7629679 10000000 1315000 8685000 2004 1 0 1 1 B 4356665 4885000 221514 4685000 2007 1 0 1 1 C 601303 2500000 2500000 2017 0 0 1 1 D 2000273 10000000 10000000 2017 0 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 1 0 0 0 1 B 0 0 1 0 1 0 0 0 1 C 0 0 0 1 0 0 0 0 1 D 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/05/2021 ISSUER NAME: HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/04/2021 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CEO WILL PERFORM AN INITIAL REVIEW OF THE FORM 990. UPON HIS APPROVAL, THE BOARD OF DIRECTORS WILL RECEIVE COPIES OF THE RETURN BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C 1. DIRECTORS ATTEST UPON ELECTION TO THE BOARD AND ANNUALLY THEREAFTER THAT THEY ARE NOT DELIBERATELY ENGAGED IN ANY ACTIVITIES WHICH CREATE A CONFLICT OF INTEREST. DIRECTORS ATTEST UPON ELECTION TO THE BOARD AND ANNUALLY THEREAFTER THAT THEY WILL DISCLOSE SUCH A CONFLICT OF INTEREST SHOULD IT ARISE. SUCH ATTESTATION IS DOCUMENTED ON THE "INDIVIDUAL STATEMENT REGARDING CONFLICT OF INTEREST" FORM. 2. EXECUTED ATTESTATIONS ARE FILED IN THE BOARD OF DIRECTORS FILE. 3. SHOULD A DIRECTOR (OR ANYONE ELSE) BELIEVE THAT THERE EXISTS A CONFLICT OF INTEREST OR A POTENTIAL FOR A CONFLICT OF INTEREST BETWEEN THE INTERESTS OF ELM TERRACE GARDENS AND ANY OTHER INTEREST A DIRECTOR MAY HAVE, SUCH IS BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IN WRITING. 4. THE EXECUTIVE COMMITTEE EVALUATES THE CONFLICT OR POTENTIAL CONFLICT TO DETERMINE WHETHER IT UNDERMINES THE DIRECTOR'S ABILITY TO SERVE. 5. SHOULD THE BOARD DETERMINE THAT THE DIRECTOR NOT BE REMOVED FROM OFFICE, THE DIRECTOR ABSTAINS FROM DISCUSSION OF AND VOTING ON ANY MATTER RELATED TO THE CONFLICT OR POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE PENNSYLVANIA LEADINGAGE SALARY SURVEY FOR SOUTHEASTERN PENNSYLVANIA AS WELL AS THE NY, NJ, AND PA REGIONAL LEADINGAGE AND HCS CCRC COMPENSATION SURVEYS IN DETERMINING ALL EMPLOYEE COMPENSATION. ALL COMPENSATION DECISIONS ARE DETERMINED TAKING INTO CONSIDERATION FAIR MARKET RANGES FOR THE INDUSTRY. THE COMPENSATION OF THE PRESIDENT IS APPROVED BY THE BOARD. THE PRESIDENT, IN TURN, DETERMINES COMPENSATION FOR OTHER KEY EMPLOYEES. ALL DECISIONS ARE DOCUMENTED, INCLUDING THE AWARDING OF INCENTIVE BONUSES. 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. IN ADDITION, THE FINANCIAL STATEMENTS ARE INCLUDED IN THE DISCLOSURE STATEMENT PROVIDED TO EXISTING AND PROSPECTIVE RESIDENTS. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 452,435. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 452,435. MSD CONTRACT: PROGRAM SERVICE EXPENSES 3,263,465. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,263,465. OCCUPATIONAL THERAPY SERVICES: PROGRAM SERVICE EXPENSES 558,087. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 558,087. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 2,491,996. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,491,996. PHYSICAL THERAPY SERVICES: PROGRAM SERVICE EXPENSES 826,105. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 826,105.