2021-04-29T21:20:34-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2019-07-01 521056690 BROADMEAD INC BROA 4435788001 13801 YORK ROAD COCKEYSVILLE MD 210301825 ROBIN SOMERS PRESIDENT/CEO 4435788001 2021-04-26 1 CONNIE M LIRA P00481097 2156433900 2021-04-26 2019 2022-09-23 18:48:47Z ROBIN SOMERS 13801 YORK ROAD COCKEYSVILLE MD 210301825 46131159 0 X WWW.BROADMEAD.ORG X 1976 MD PROVIDE HOUSING, NURSING, MEALS, MEDICAL AND SOCIAL CARE, AND CULTURAL ACTIVITIES FOR THE ELDERLY 12 12 366 200 -813 -813 202157 43428 25687772 26923967 2713840 2910562 890152 739246 29493921 30617203 155099 780686 0 0 12551329 13114415 0 0 191679 13256262 12694424 25962690 26589525 3531231 4027678 185724942 190586421 132192339 134104516 53532603 56481905 X TO FOSTER INDEPENDENCE, GROWTH AND OPPORTUNITIES IN ELDERHOOD BY SUPPORTING A DYNAMIC COMMUNITY, PROVIDING EXCEPTIONAL HEALTH SERVICES, DEVELOPING COLLABORATIVE RELATIONSHIPS AND UPHOLDING QUAKER VALUES. 0 0 20407549 780686 26923967 CONTINUING CARE RETIREMENT COMMUNITY PROGRAM: THERE ARE THREE LEVELS OF CARE CONSISTING OF INDEPENDENT LIVING, ASSISTED LIVING, AND THE HEALTH CARE CENTER. INDEPENDENT LIVING - TO PROVIDE COMPREHENSIVE, INDEPENDENT LIVING SERVICES FOR AGING PEOPLE, INCLUDING MEDICAL, DIETARY, SOCIAL, AND HOUSEKEEPING SERVICES FOR RESIDENTS. BROADMEAD HAD APPROXIMATELY 106,409 INDEPENDENT LIVING CENSUS DAYS DURING THE FISCAL YEAR ENDED JUNE 30, 2020. ASSISTED LIVING - TO PROVIDE AN INTERMEDIATE LEVEL OF CARE WHEN RESIDENTS NEED HELP WITH SOME ACTIVITIES OF DAILY LIVING, BUT DO NOT REQUIRE 24 HOUR SKILLED NURSING CARE, THAT ENCOURAGES RESIDENTS TO FUNCTION AT THEIR HIGHEST LEVEL OF INDEPENDENCE. BROADMEAD HAD APPROXIMATELY 8,973 ASSISTED LIVING CENSUS DAYS DURING THE FISCAL YEAR ENDED JUNE 30, 2020. HEALTH CARE CENTER - TO PROVIDE QUALITY NURSING CARE IN A COMFORTABLE HEALTH CARE CENTER. THIS LEVEL OF CARE IS AVAILABLE ON BOTH A LONG TERM AND SHORT TERM BASIS AND PROVIDES FOR 24 HOUR SKILLED NURSING CARE. BROADMEAD HAD APPROXIMATELY 17,024 HEALTH CARE CENTER CENSUS DAYS DURING THE FISCAL YEAR ENDED JUNE 30, 2020. 20407549 1 1 0 0 0 0 1 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 99 0 366 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X THE ORGANIZATION 4435788001 13801 YORK ROAD COCKEYSVILLE MD 210301825 JOHN HOWL PRESIDENT/CEO TO FEB 2020 43.00 2.02 X 338893 0 25570 ROBIN SOMERS PRESIDENT/CEO AS OF FEB 2020, COO 48.00 2.02 X 241032 0 42411 JOHN J PALKOVITZ JR TREASURER/CFO 46.00 4.02 X 250330 0 22062 KRISTY KRUEGER VP OF SALES & MARKETING 40.00 0.00 X 224431 0 5948 YOLANDA JOHNSON VP OF HUMAN RESOURCES 50.00 0.00 X 166521 0 15741 PUSHPAVATHAMMA NALLABOTULA DIRECTOR OF NURSING 40.00 0.00 X 129911 0 39482 ANN PATTERSON VP OF HEALTH SERVICES 40.00 1.00 X 162256 0 6088 JOYCE MALONE VP OF FACILITIES 60.00 0.00 X 122625 0 20439 KEITH STREETT DIRECTOR OF ACCOUNTING 43.00 2.00 X 115059 0 4469 KRISTEN MYERS RESIDENCY COUNSELOR 40.00 0.00 X 102256 0 16065 KATHLEEN COON RESIDENCY COUNSELOR 40.00 0.00 X 110188 0 3202 ROB WHITE CHAIRPERSON 10.00 1.02 X X 0 0 0 JACKIE MINTZ VICE CHAIRPERSON 1.00 0.01 X X 0 0 0 ELEANOR LANDAUER SECRETARY 1.00 0.01 X X 0 0 0 BILL BREAKEY TRUSTEE 1.00 0.01 X 0 0 0 JOE CREDIT TRUSTEE 2.00 0.01 X 0 0 0 CAROL CURROTTO TRUSTEE 1.00 1.02 X 0 0 0 ELIZABETH HARLAN TRUSTEE 1.00 0.01 X 0 0 0 ANITA LANGFORD TRUSTEE 1.00 0.01 X 0 0 0 LINDA LOUBERT TRUSTEE 1.00 0.01 X 0 0 0 BRUCE MANGER TRUSTEE 1.00 0.01 X 0 0 0 STEVE RIVES TRUSTEE 1.00 0.01 X 0 0 0 STEPHANIE SCHARPF TRUSTEE 1.00 0.01 X 0 0 0 ARTHUR BOYD TRUSTEE - LEFT OCTOBER 2019 1.00 0.01 X 0 0 0 CLINTON PETTUS TRUSTEE - LEFT MARCH 2020 1.00 0.01 X 0 0 0 FRED THOMAS TRUSTEE - LEFT OCTOBER 2019 1.00 0.01 X 0 0 0 1963502 0 201477 12 0 1 0 WOHLSEN CONSTRUCTION COMPANY PO BOX 4612 LANCASTER PA 17604 CONSTRUCTION 10793209 GENESIS REHAB SERVICES PO BOX 821322 PHILADELPHIA PA 19182 REHABILITATIVE THERAPY 814185 THE ASBURY GROUP 5285 WESTVIEW DRIVE FREDERICK MD 21703 IT SERVICES/HOSTING 637459 WHITEFORD TAYLOR PRESTON LLP 7 SAINT PAUL STREET SUITE 1300 BALTIMORE MD 21202 LEGAL SERVICES 206779 ARCH CONSULTANTS 300 KNIGHTSBRIDGE PARKWAY SUITE 34 LINCOLNSHIRE IL 60069 CONSTRUCTION MANAGEMENT 200582 15 43428 14842 43428 RESIDENT CARE SERVICES 623000 18283853 18283853 AMORTIZATION OF ENTRANCE FEES 623000 6000453 6000453 MEDICAL REVENUE 623000 2600848 2600848 MANAGEMENT FEES 561000 38813 38813 26923967 1919904 -813 1920717 33666 1098 32568 32568 32568 16277989 15287331 990658 990658 990658 248079 225527 22552 22552 COFFEE SHOP INCOME 623000 139581 139581 BEAUTY SHOP INCOME 623000 119707 119707 424838 424838 684126 30617203 26923967 -813 3650621 36351 36351 744335 744335 1542500 9150 1533350 9678091 8850442 669567 158082 224375 204573 15181 4621 883845 839570 37500 6775 785604 654258 119596 11750 213736 213736 66108 66108 113001 113001 411710 164983 246727 218139 218139 122329 41565 79817 947 918140 734512 183628 1323124 1058500 264624 86878 41456 45422 149081 119265 29816 3396801 2717441 679360 676970 541204 135766 FOOD/DINING 1575610 1567992 7618 REPAIRS AND MAINTENANCE 765429 736106 29323 PHARMACY/LAB/DRUGS 718422 711585 6837 DUES AND LICENSES 129056 99444 29612 1809890 534817 1265569 9504 26589525 20407549 5990297 191679 6144108 8529927 2234282 3383003 71783 78929 992278 947257 126638796 53930779 47420299 72708017 120334738 101241817 8199855 3388168 327599 309303 185724942 190586421 3358016 3317918 27027264 27259129 78214925 77994853 2212359 23592134 23320257 132192339 134104516 X 35714384 38614117 17818219 17867788 53532603 56481905 185724942 190586421 4027678 -1078376 0 X 0 1 X 1 0 X 143735 138844 229663 202157 43428 757827 23440581 24584191 25068549 25687772 26923967 125705060 841429 856961 912483 1006712 921105 4538690 24425745 25579996 26210695 26896641 27888500 131001577 4050 1475 2725 27300 18141 53691 0 4050 1475 2725 27300 18141 53691 130947886 1298688 1061132 1773626 1721174 1954383 7809003 1298688 1061132 1773626 1721174 1954383 7809003 14500 18000 13100 14100 11100 70800 25738933 26659128 27997421 28631915 29853983 138881380 0.94290 0.94690 0.05620 0.05240 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: APPLICATION FEES - 2015 AMOUNT: $ 14,500. 2016 AMOUNT: $ 18,000. 2017 AMOUNT: $ 13,100. 2018 AMOUNT: $ 14,100. 2019 AMOUNT: $ 11,100. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 3 37.00 1 0 0 1 1 0.00 0 22270514 58743 581055 1420255 21490057 22213603 116002 969002 1028093 22270514 21095740 126415 1117914 126466 22213603 19109602 88268 2055005 157135 21095740 19322234 48458 -102307 158783 19109602 0.70320 0.17860 0.11820 0 0 1590974 1590974 70199338 42154645 28044693 14975944 11776134 3199810 39872540 39872540 72708017 REFUNDABLE ENTRANCE FEES 18180146 DEPOSITS FROM PROSPECTIVE RESIDENTS 2797897 BOND INTEREST PAYABLE 1679323 ANNUITIES PAYABLE 105348 OPERATING LEASES PAYABLE 185529 REFUNDABLE ADVANCE - CARES ACT STIMULUS FUNDS 372014 23320257 X 29425826 -1078376 -1078376 30504202 113001 113001 30617203 26476524 0 26476524 113001 113001 26589525 PART II, LINE 9: THE ORGANIZATION DOES NOT REPORT CONSERVATION EASEMENTS IN THE FINANCIAL STATEMENTS BECAUSE THEY ARE IMMATERIAL. PART V, LINE 4: PERMANENT ENDOWMENT FUNDS ARE USED TO SUPPORT THE BRUCK ACTIVITIES. UNRESTRICTED AND TEMPORARY RESTRICTED ENDOWMENT FUNDS ARE USED TO SUPPORT THE MISSION OF THE ORGANIZATION. PART X, LINE 2: BROADMEAD, INC. IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 509(A) OF THE IRC. THE CORPORATION FOLLOWS THE PROVISIONS OF THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. MANAGEMENT HAS DETERMINED THAT THIS STANDARD DOES NOT HAVE A MATERIAL IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. 1 FRIENDS CARE INC 13801 YORK ROAD COCKEYSVILLE MD 21030 522014213 501(C)(3) 36351 0 SUPPORT OPERATIONS AND PROGRAM ACTIVITY 1 0 GRANTS TO RESIDENTS FOR MONTHLY FEES 9 707492 0 SCHOLARSHIP GRANTS 11 36843 0 PART I, LINE 2: BROADMEAD PROVIDED GRANTS TO RELATED ORGANIZATIONS: BROADMEAD IS ABLE TO MONITOR FRIENDS CARE, INC.'S USE OF THE FUNDS THROUGH ITS ACCESS TO THEIR FINANCIAL RECORDS. GRANTS TO RESIDENTS FOR MONTHLY FEES: APPLICATIONS ARE SUBMITTED TO THE CFO AND ARE EVALUATED ON AN INDIVIDUAL BASIS. AFTER APPROVAL BY THE CFO, APPLICATIONS ARE SUBMITTED TO THE CEO FOR REVIEW AND COMMENT. THE CEO THEN SUBMITS THE APPLICATIONS TO THE BROADMEAD RESIDENTS ASSISTANCE FUND (BRAF) COUNCIL FOR FINAL APPROVAL. PERIODIC REVIEWS ARE PERFORMED TO REVIEW THE FINANCIAL STATUS OF EACH RECIPIENT OF BRAF ASSISTANCE. THE BRAF COUNCIL SHALL BE ASKED FOR APPROVAL OF ANY SIGNIFICANT CHANGE IN THE AMOUNT OF ASSISTANCE. REVIEWS SHALL BE MADE AS NEEDED OR AT THE REQUEST OF THE BRAF COUNCIL, BUT AT LEAST ANNUALLY. SCHOLARSHIP ASSISTANCE: THE SCHOLARSHIP ASSISTANCE FUND IS ADMINISTERED BY THE SCHOARSHIP COUNCIL, COMPRISED OF THREE RESIDENTS. APPLICATIONS ARE SUBMITTED TO THE COUNCIL FOR REVIEW. WHEN THE COUNCIL DECIDES TO AWARD FUNDS, THE CFO IS NOTIFIED AND THE MONEY IS SENT DIRECTLY TO THE RECIPIENT'S SCHOOL. X X X X 0 0 0 1 0 0 0 0 0 JOHN HOWL PRESIDENT/CEO TO FEB 2020 264523 0 20000 0 54370 0 11428 0 14142 0 364463 0 0 0 ROBIN SOMERS PRESIDENT/CEO AS OF FEB 2020, COO 223310 0 7086 0 10636 0 6891 0 35520 0 283443 0 0 0 JOHN J PALKOVITZ JR TREASURER/CFO 230853 0 7086 0 12391 0 8016 0 14046 0 272392 0 0 0 KRISTY KRUEGER VP OF SALES & MARKETING 158807 0 64866 0 758 0 5948 0 0 0 230379 0 0 0 YOLANDA JOHNSON VP OF HUMAN RESOURCES 162229 0 0 0 4292 0 5115 0 10626 0 182262 0 0 0 PUSHPAVATHAMMA NALLABOTULA DIRECTOR OF NURSING 124282 0 4285 0 1344 0 2220 0 37262 0 169393 0 0 0 ANN PATTERSON VP OF HEALTH SERVICES 150734 0 4742 0 6780 0 6088 0 0 0 168344 0 0 0 PART I, LINE 5 COMMISSIONS, INCLUDED ON SCHEDULE J, PART II, COLUMN B(II) WERE PAID AS FOLLOWS: KRISTY KRUEGER, VP OF SALES & MARKETING - $59,995 KATHLEEN COON, RESIDENCY COUNSELOR - $51,250 A MARYLAND HEALTH AND HIGHER EDUCATION FACILITIES AUTHORITY 520936091 5742185G4 2018-10-18 79125777 FINANCE EXPANSION/RENOVATION AND REFINANCE 2010 REVENUE BONDS 0 0 0 A 364233 79125777 4389250 1503883 5038720 5458352 62735572 1 0 0 1 A 0 1 0 0 0.00870 0.00870 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF THOSE OFFICERS OF THE CORPORATION WHO ARE TRUSTEES AND THREE OTHER TRUSTEES RECOMMENDED BY THE COMMITTEE ON TRUSTEES AND APPROVED BY THE BOARD. THE CHAIR OF THE BOARD IS THE CHAIR OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE IS AUTHORIZED BY THE BOARD TO CONDUCT ROUTINE TIME-SENSITIVE BUSINESS BETWEEN SCHEDULED MEETINGS OF THE BOARD. THE EXECUTIVE COMMITTEE IS ALSO AUTHORIZED BY THE BOARD TO ADDRESS ISSUES OF AN EMERGENCY NATURE BETWEEN SCHEDULED MEETINGS OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL REPORT ALL ACTIONS TAKEN AT THE NEXT SCHEDULED MEETING OF THE BOARD. ALL MEMBERS OF THE BOARD SHALL BE GIVEN NOTICE OF THE COMMITTEE'S MEETINGS AT THE SAME TIME AND MANNER IN WHICH NOTICE IS GIVEN TO THE COMMITTEE MEMBERS AND SHALL BE ENTITLED TO ATTEND MEETINGS OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION IS FRIENDS CARE, INC., A MARYLAND NONSTOCK CORPORATION (THE "MEMBER"). FORM 990, PART VI, SECTION A, LINE 7A ALL TRUSTEES SHALL BE APPOINTED AND THE CLASS OF EACH TRUSTEE SHALL BE DETERMINED BY THE MEMBER, PROVIDED, HOWEVER, THAT AT ALL TIMES AT LEAST A MAJORITY OF THE TRUSTEES MUST BE MEMBERS OF THE RELIGIOUS SOCIETY OF FRIENDS. FORM 990, PART VI, SECTION A, LINE 7B ACTION BY THE MEMBER: ANY ACTION REQUIRED OR PERMITTED TO BE TAKEN AT A MEETING OF THE MEMBERSHIP MAY BE APPROVED BY THE MEMBER AT SUCH MEETING OR WITHOUT A MEETING IF A UNANIMOUS WRITTEN CONSENT WHICH SETS FORTH THE ACTION IS: (I) SIGNED BY THE MEMBER; AND (II) FILED WITH THE MINUTES OF THE PROCEEDINGS OF THE MEMERSHIP. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. THE FORM 990 WAS REVIEWED INITIALLY BY THE TREASURER/CFO AND THE ENTIRE BOARD FOR ACCURACY AND COMPLETENESS. AFTER REVIEW, COMMENTS WERE PROVIDED TO THE INDEPENDENT PREPARER TO MAKE ADJUSTMENTS. ONCE ADJUSTMENTS WERE MADE, A FINALIZED COPY WAS PROVIDED TO THE ENTIRE BOARD PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C AS PART OF BROADMEAD'S QUAKER RELIGIOUS TENETS, THE ORGANIZATION DOES NOT USE CHECKLISTS OR REQUIRE SIGNATURES ON CERTAIN DOCUMENTS. THERE IS A VERBAL ACKNOWLEDGEMENT OF BOTH INDEPENDENCE AND CONFLICT OF INTEREST ISSUES ANNUALLY, WHICH IS REPORTED TO THE RISK MANAGEMENT COMMITTEE. TRUSTEES ARE REQUIRED TO REPORT CONFLICTS OF INTEREST OR INDEPENDENCE ISSUES THAT ARISE DURING THE YEAR TO THE RISK MANAGEMENT COMMITTEE. THE RISK MANAGEMENT COMMITTEE THEN DETERMINES WHETHER A POTENTIAL CONFLICT IS AN ACTUAL CONFLICT. WHEN A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE INTERESTED PARTY IS NOT PERMITTED TO VOTE ON THE MATTER. THIS IS ADDRESSED IN THE ORGANIZATION'S BYLAWS. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS USED TO DETERMINE THE CEO'S COMPENSATION IS TO USE AN INDEPENDENT CONSULTANT TO PERIODICALLY REVIEW COMPENSATION FOR SIMILAR EXECUTIVES. THIS INFORMATION IS PROVIDED TO THE EXECUTIVE EVALUATION AND COMPENSATION COMMITTEE, WHICH CONSISTS OF BOARD MEMBERS, AND THEY DETERMINE WHETHER THE CEO'S COMPENSATION IS APPROPRIATE AND RECOMMEND ANY CHANGE FOR THE NEXT FISCAL YEAR TO THE BOARD OF TRUSTEES. THE EXECUTIVE EVALUATION AND COMPENSATION COMMITTEE PRESENTS THEIR COMPENSATION RECOMMENDATION TO THE FULL BOARD THROUGH EXECUTIVE SESSION. THE DELIBERATON AND FINAL DECISION BY THE BOARD OF TRUSTEES ARE TIMELY DOCUMENTED IN THE COMMITTEE MINUTES. THE CEO'S COMPENSATION WAS LAST REVIEWED IN MAY, 2020. 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. QUARTERLY FINANCIAL RESULTS ARE PUBLICLY POSTED IN CONJUNCTION WITH 2018 BOND REQUIREMENTS. BROADMEAD MEDICAL SERVICES INC 13801 YORK ROAD COCKEYSVILLE MD 21030 521405983 PROVIDE PHYSICIAN AND RELATED SERVICES TO THE RESIDENTS OF BROADMEAD MD 501(C)(3) LINE 10 BROADMEAD INC 1 FRIENDS CARE INC 13801 YORK ROAD COCKEYSVILLE MD 21030 522014213 TO CARRY OUT THE PURPOSES OF IT SUPPORTED ORGANIZATIONS MD 501(C)(3) LINE 12B, II N/A 0 FRIENDS SHARE INC 13801 YORK ROAD COCKEYSVILLE MD 21030 522012524 PROVIDE FUND DEVELOPMENT SERVICES TO SUPPORTED ORGANIZATIONS MD 501(C)(3) LINE 12D, III-O N/A 0 0 1 0 0 1 0 0 0 0 1 0 1 1 1 1 0 1 0 0