2025-05-08T06:44:51-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-01-01 232145152 STAPELEY HALL STAP 2153540565 626 JACKSONVILLE ROAD 200 WARMINSTER PA 18974 JEFF PETTY CHAIR 2153540565 2025-04-21 1 1 KERRI N BOGDA CPA P00760402 7177404863 2025-04-21 2024 2025-03-06 01:10:19Z WESLEY ENHANCED LIVING AT STAPELEY JEFF PETTY 626 JACKSONVILLE ROAD 200 WARMINSTER PA 18974 19589629 0 3423 X WWW.WEL.ORG X 1980 PA THE ORGANIZATION OPERATES A NON-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, INCLUDING INDEPENDENT APARTMENTS, PERSONAL CARE APARTMENTS, AND A SKILLED NURSING FACILITY. 3 0 360 18 0 0 249584 318357 18917749 18875109 177597 147640 98060 112484 19442990 19453590 27382 20754 0 0 13228306 13453323 0 0 0 7285068 7127738 20540756 20601815 -1097766 -1148225 25438955 25616183 28764944 29954191 -3325989 -4338008 TO MAKE A COMPELLING DIFFERENCE IN THE LIVES OF OUR RESIDENTS THROUGH PROVIDING EXCELLENCE AND INNOVATION IN AGING SERVICES. 0 0 16656728 20754 18875109 THE ORGANIZATION OPERATES A NON-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, WHICH INCLUDES THREE LEVELS OF CARE: INDEPENDENT LIVING, PERSONAL CARE AND A SKILLED NURSING FACILITY CONSISTING OF 43 INDEPENDENT APARTMENTS, 67 PERSONAL CARE UNITS (INCLUDING A PERSONAL CARE DEMENTIA UNIT), AND A 120 BED SKILLED NURSING FACILITY. THE COMMUNITY PROVIDES RESIDENT SERVICES FOR THE AGING TO PROMOTE GENERAL HEALTH, WELFARE AND SECURITY OF THE SENIOR RESIDENTS, AND TO PLAN FOR, AND DEVELOP, NEW PROGRAMS AND SERVICES TO MEET THE SOCIAL, HEALTH AND PERSONAL NEEDS OF SENIOR CITIZENS. OCCUPANCY FOR THE YEAR WAS 97.74% FOR INDEPENDENT LIVING, 91.72% FOR PERSONAL CARE AND 93.36% FOR NURSING. 16656728 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 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 0 1 0 0 0 1 41 0 360 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X JEFF PETTY CHAIR 2153540565 626 JACKSONVILLE ROAD STE 200 WARMINSTER PA 18974 JEFF PETTY CHAIR 1.00 44.00 X X 0 717141 26399 JOHN ODIKE SECRETARY/TREASURER 1.00 44.00 X X 0 223301 18494 KENNETH BEILER EXECUTIVE DIRECTOR 40.00 0.00 X X 210257 0 17127 PATRICK O'NEIL REGIONAL MANAGER, SALES & BUS. DEV. 40.00 0.00 X 161290 0 6325 VIJI JOJI REGISTERED NURSE 47.46 0.00 X 125983 0 15421 RICHARD DONNELLY REHABILITATION PROGRAM MANAGER 40.00 0.00 X 122646 0 15717 TARYN MITCHELL SPEECH THERAPIST 40.00 0.00 X 112139 0 15444 JOSEPH NATALE OCCUPATIONAL THERAPIST 40.00 0.00 X 113496 0 15242 845811 940442 130169 12 0 1 0 SAXTON & STUMP LLC 280 GRANITE RUN DRIVE LANCASTER PA 17601 LEGAL SERVICES 221379 B&B INTEGRATIONS 971 RANCK MILL ROAD LANCASTER PA 17602 NURSE CALL SYSTEM 116290 SALMON RICCHEZZA SINGER & TURCHI LLP 1601 MARKET ST PHILADELPHIA PA 19103 LEGAL SERVICES 114211 3 10000 64008 244349 318357 HEALTH CENTER 623000 12160944 12160944 PERSONAL CARE 623000 4118889 4118889 INDEPENDENT LIVING 623000 1816162 1816162 ASSESSMENT REVENUE 623000 597556 597556 ENTRY FEE AMORTIZATION 623000 181558 181558 18875109 132800 132800 150879 136039 14840 14840 14840 COMMUNITY FEES 900099 57750 57750 DINING REVENUE 900099 44066 44066 TRANSPORTATION REVENUE 900099 6137 6137 4531 4531 112484 19453590 18875109 0 260124 20754 20754 227384 227384 10659546 9590991 1068555 339745 320639 19106 1196428 1082209 114219 1030220 749795 280425 689632 689632 506212 506212 43715 43715 514986 319168 195818 27558 27558 594432 520748 73684 877334 856804 20530 9502 2439 7063 1084188 867350 216838 1089297 871438 217859 119029 119029 FOOD 798656 798656 MEDICAL SUPPLIES 402847 402847 BAD DEBT 300004 300004 LICENSES AND CERT. 28356 2515 25841 41990 22991 18999 20601815 16656728 3945087 0 116235 52351 768531 1223365 103227 107156 29252953 13819040 16176083 15433913 3388907 3707554 4885972 5091844 25438955 25616183 3381921 3479031 846656 964698 20953777 20572310 265159 214523 3317431 4723629 28764944 29954191 X -8238775 -9540032 4912786 5202024 -3325989 -4338008 25438955 25616183 X -1148225 96968 39238 X 0 1 X 1 0 X 1462142 2912705 422778 249584 318357 5365566 15976531 16170250 16600422 18917749 18875109 86540061 17438673 19082955 17023200 19167333 19193466 91905627 121025 125175 135371 141411 142492 665474 0 121025 125175 135371 141411 142492 665474 91240153 55032 63646 47638 127904 132800 427020 55032 63646 47638 127904 132800 427020 90841 114062 88589 98060 112484 504036 17584546 19260663 17159427 19393297 19438750 92836683 0.98280 0.98270 0.00460 0.00430 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISC INCOME - 2020 AMOUNT: $ 5,790. 2021 AMOUNT: $ 23,175. 2022 AMOUNT: $ 15,544. 2023 AMOUNT: $ 916. 2024 AMOUNT: $ 4,531. TRANSPORTATION REVENUE - 2020 AMOUNT: $ 550. 2021 AMOUNT: $ 275. 2022 AMOUNT: $ 11,136. 2023 AMOUNT: $ 6,718. 2024 AMOUNT: $ 6,137. DINING REVENUE - 2020 AMOUNT: $ 37,278. 2021 AMOUNT: $ 23,223. 2022 AMOUNT: $ 37,342. 2023 AMOUNT: $ 46,549. 2024 AMOUNT: $ 44,066. APPLICATION FEES - INSURANCE REIMBURSEMENTS - 2020 AMOUNT: $ 1,680. 2023 AMOUNT: $ 4,850. SETTLEMENT - PCC ACTIVITY - 2020 AMOUNT: $ 3,360. COMMUNITY FEE - 2020 AMOUNT: $ 40,000. 2022 AMOUNT: $ 24,000. 2023 AMOUNT: $ 39,000. 2024 AMOUNT: $ 57,750. LOST BADGES - 2020 AMOUNT: $ 2,183. FINANCE CHARGES - 2021 AMOUNT: $ 67,214. 2023 AMOUNT: $ 27. GUEST STAYS - 2021 AMOUNT: $ 175. HOUSEKEEPING REVENUE - 2022 AMOUNT: $ 567. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 91050 9255 100305 94920 -3870 91050 57035 37885 94920 40259 16776 57035 58153 -17894 40259 0.00000 1.00000 0.00000 0 0 1100000 1100000 24077821 10650149 13427672 3339285 2491243 848042 735847 677648 58199 15433913 BENEFICIAL INTEREST IN PERPETUAL TRUST 4994196 CASH HELD FOR RESIDENTS 97648 5091844 DUE TO RELATED PARTIES 4723629 4723629 19569042 96968 268484 365452 19203590 250000 250000 19453590 20581061 0 20581061 20754 20754 20601815 PART IV, LINE 2B: DEPOSITS INCLUDE SECURITY DEPOSITS, PRIORITY DEPOSITS, AND ENTRANCE FEE DEPOSITS RECEIVED FROM RESIDENTS. NO INTEREST ACCRUES ON THESE DEPOSITS AND THEY ARE REFUNDABLE, LESS ANY EXPENSES INCURRED ON BEHALF OF THE RESIDENT. PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO FURTHER SUPPORT THE MISSION OF WESLEY ENHANCED LIVING AT STAPELEY. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PERPETUAL TRUSTS 289,238. RESIDENT ASSISTANCE -20,754. PART XI, LINE 4B - OTHER ADJUSTMENTS: TRANSFER OF NET ASSETS 250,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESIDENT ASSISTANCE 20,754. 1 MONTHLY FEE ASSISTANCE FOR INDEPENDENT OR ASSISTED LIVING RESIDENTS 1 20754 0 PART I, LINE 2: GRANT ASSISTANCE FOR RESIDENTS IN INDEPENDENT OR ASSISTED LIVING ARE MADE BASED ON DEMONSTRATED FINANCIAL NEED. MANAGEMENT OF WESLEY ENHANCED LIVING REVIEWS THE SPECIFIC SITUATIONS FOR EACH RESIDENT WHO IS REQUESTING ASSISTANCE. MANAGEMENT MAKES THE DETERMINATION BASED ON THE INDIVIDUAL FINANCIAL NEEDS OF THE RESIDENTS. NO MONITORING IS REQUIRED - THE GRANTS ARE DIRECTLY APPLIED TO RESIDENTS' MONTHLY BILLS AND ACT TO DECREASE THE AMOUNT OWED BY THE RESIDENTS FOR THEIR MONTHLY FEES. 0 0 0 0 0 0 0 1 0 JEFF PETTY CHAIR 0 532541 0 177400 0 7200 0 13800 0 12599 0 743540 0 0 JOHN ODIKE SECRETARY/TREASURER 0 192301 0 31000 0 0 0 7712 0 10782 0 241795 0 0 KENNETH BEILER EXECUTIVE DIRECTOR 210257 0 0 0 0 0 6217 0 10910 0 227384 0 0 0 PATRICK O'NEIL REGIONAL MANAGER, SALES & BUS. DEV. 103265 0 58025 0 0 0 5479 0 846 0 167615 0 0 0 PART I, LINE 3 COMPENSATION FOR THE CEO AND HIS DIRECT REPORTS IS DETERMINED BY THE EXECUTIVE COMMITTEE OF THE WESLEY ENHANCED LIVING BOARD OF DIRECTORS. COMPENSATION STUDIES ARE DONE PERIODICALLY BY AN OUTSIDE COMPENSATION CONSULTANT TO DETERMINE COMPENSATION, USING COMPARATIVE INDEPENDENT DATA. FOR OTHER EMPLOYEES, COMPENSATION REVIEWS ARE COMPLETED INTERNALLY COMPARING COMPENSATION DATA AVAILABLE THROUGH LEADING AGE, THE HOSPITAL & HEALTHCARE COMPENSATION SERVICE SALARY & BENEFITS REPORT, AND OTHER BENCHMARKS. THIS PROCESS WAS LAST PERFORMED IN DECEMBER 2022 AND WILL BE DONE AGAIN AT THE END OF 2024. PART I, LINE 7 THE ORGANIZATION PROVIDES BONUSES TO KEY EXECUTIVES ON A DISCRETIONARY BASIS. THE BOARD OF DIRECTORS ESTABLISHES AND APPROVES A BONUS POOL WHICH REPRESENTS THE MOST THE EMPLOYEES MAY RECEIVE BASED UPON A PERCENTAGE OF THEIR BASE PAY AND SETS THE AWARD FOR THE PRESIDENT/CEO. THE PRESIDENT IS THEN TASKED WITH CONFERRING BONUSES ON OTHER ELIGIBLE EMPLOYEES BASED UPON THE MAXIMUM PERCENTAGE THAT HAS ALREADY BEEN DETERMINED BY THE BOARD. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 717824AR7 2017-08-15 13731307 REFINANCING AND CAPITAL PROJECTS 0 0 0 A 13732125 1483534 361703 2075000 10129895 2020 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT DATE THE REBATE COMPUTATION WAS PERFORMED: 08/14/2022 SCHEDULE K, PARTS I AND II: THE BOND ISSUE WAS USED TO REFINANCE THE EXISTING BONDS IN THE OBLIGATED GROUP AND MAIN LINE. THE OBLIGATED GROUP CONSISTS OF MAPLE VILLAGE, NEW HERITAGE TOWERS, EVANGELICAL MANOR, AND STAPELEY. THE PROCEEDS WERE USED TO REFUND SERIES 2005, SERIES 2008, AND SERIES 2011 BONDS AND REFINANCE THE 2011 TERM LOAN. THE PROCEEDS WERE ALSO USED TO FINANCE CAPITAL PROJECTS, FUND CERTAIN RESIDENT REFUNDS, ACCOUNTS PAYABLE, AND INTEREST RATE SWAP TERMINATION PAYMENTS, AND PAY SOME COSTS OF THE ISSUANCE OF THE BONDS. SCHEDULE K, PARTS I AND II: PROCEEDS REPORTED ON PART II LINE 3 DIFFER FROM PART I DUE TO INVESTMENT EARNINGS. FORM 990, PART VI, SECTION A, LINE 6 WESLEY ENHANCED LIVING, THE PARENT ORGANIZATION, IS THE SOLE MEMBER OF THE FILING ENTITY. FORM 990, PART VI, SECTION A, LINE 7A WESLEY ENHANCED LIVING APPOINTS THE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO THE APPROVAL BY THE BOARD OF DIRECTORS OF WESLEY ENHANCED LIVING: APPROVAL OF THE ANNUAL BUDGET, THE OCCURRENCE OF LOANS NOT INCLUDED IN THE APPROVED BUDGET, THE PURCHASE, SALE, OR LEASE BY OR TO THE CORPORATION OF REAL PROPERTY AND ANY AMENDMENT TO THE CORPORATION'S AMENDED AND RESTATED ARTICLES OF INCORPORATION OR BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE COMMITTEE OF WEL AND PRESENTED TO THE FULL BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND KEY STAFF ARE GIVEN A COPY OF THE CONFLICT OF INTEREST POLICY ANNUALLY TO REVIEW DURING THE JANUARY BOARD MEETING. THE POLICY OUTLINES THE GUIDING PRINCIPLES OF THE POLICY AND DISCLOSURE REQUIREMENTS AND PROCEDURES FOR DEALING WITH CONFLICTS OF INTEREST. IN ADDITION, BOARD MEMBERS AND KEY STAFF ARE REQUIRED TO COMPLETE ANNUAL CONFLICTS OF INTEREST AND DISCLOSURE OF RELATED ACTIVITIES STATEMENTS. "RELATED" INDIVIDUALS SHALL NOT BE PLACED IN WESLEY ENHANCED LIVING THROUGH EMPLOYMENT, TRANSFER, OR PROMOTION WHEN SUCH PLACEMENT WILL RESULT IN ONE RELATIVE SUPERVISING ANOTHER AND/OR HAVING THE RESPONSIBILITY TO MAKE OR PARTICIPATE ACTIVELY IN MAKING DECISIONS REGARDING THE "RELATED" EMPLOYEE'S EMPLOYMENT STATUS. PERSONS WHO HAVE CONFLICTS WILL BE REVIEWED ON A CASE-BY-CASE BASIS AND WILL ABSTAIN FROM BOTH DISCUSSION AND VOTE ON ANY MATTER INVOLVING THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND FORM 990 ARE PROVIDED UPON REQUEST. THEY ARE ALSO AVAILABLE FOR INSPECTION AT THE ORGANIZATION'S OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 289,238. TRANSFER OF NET ASSETS -250,000. EVANGELICAL SERVICES FOR THE AGING DBA WESLEY ENHANCED LIVING 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232648022 MANAGE/OPERATE CCRCS PA 501(C)(3) LINE 12C, III-FI N/A 0 EVANGELICAL MANOR DBA WESLEY ENHANCED LIVING PENNYPACK PARK 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 230563550 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 NORTH AMERICAN BAPTIST HOME FOR THE AGED DBA WESLEY ENHANCED LIVING BURHOLM 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 231401533 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 MAPLE VILLAGE DBA WESLEY ENHANCING LIVING UPPER MORELAND 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232810902 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 EVANGELICAL SERVICES FOR THE AGING FOUNDATION DBA WEL FOUNDATION 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 231971878 FUNDRAISING ARM OF EVANGELICAL SERVICES FOR THE AGING PA 501(C)(3) LINE 12A, I EVANGELICAL SERVICES FOR THE AGING 0 MARTINS RUN DBA WESLEY ENHANCED LIVING MAIN LINE 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232090256 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 MARTINS RUN HOME PARTNERS 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 272268177 OPERATE A HOME CARE AGENCY PA 501(C)(3) LINE 10 MARTINS RUN 0 NEW HERITAGE TOWERS DBA WESLEY ENHANCED LIVING DOYLESTOWN 626 JACKSONVILLE ROAD SUITE 200 WARMINSTER PA 18974 232366563 OPERATE A CCRC PA 501(C)(3) LINE 10 EVANGELICAL SERVICES FOR THE AGING 0 CHARITABLE REMAINDER UNITRUSTS (2) INVESTMENTS PA FRIENDS FIDUCIARY CORPORATION 0 CHARITABLE REMAINDER UNITRUSTS (1) INVESTMENTS PA VANGUARD 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1