2021-03-19T14:19:22-05:00 2020-06-30 205367494 ALAN ROSS & COMPANY PC 10 HEARTHSTONE COURT SUITE 100 READING PA 19606 990 2019-07-01 222790840 THE HIGHLANDS AT WYOMISSING HIGH 6107752300 2000 CAMBRIDGE AVE WYOMISSING PA 19610 MARIANNE PESSOGNELLI CFO 6107752300 2021-03-19 1 ALAN D ROSS CPA P00072435 6107799555 2019 2022-09-23 18:48:47Z KEVIN P DEACOSTA 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 41435941 0 X WWW.THEHIGHLANDS.ORG X 1989 PA THE HIGHLANDS AT WYOMISSING IS A NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY SERVING OLDER ADULTS AND CONTRIBUTING TO THE BERKS COUNTY COMMUNITY. 10 8 572 70 0 0 93567 1675994 29645694 29897122 1347567 2136378 1413438 1232282 32500266 34941776 0 0 0 0 13136334 14267931 0 0 1082 18774907 18011636 31911241 32279567 589025 2662209 171951504 173183161 124244933 121790058 47706571 51393103 X THE MISSION OF THE HIGHLANDS AT WYOMISSING IS TO ENRICH THE LIVES OF SENIOR ADULTS THROUGH SPONSORSHIP OF A HIGH-QUALITY, NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY. OUR COMMUNITY SETS THE STANDARD OF EXCELLENCE IN RETIREMENT LIVING BY PROVIDING EXCEPTIONAL QUALITY OF LIFE, SECURITY AND VALUE. 0 0 14830155 18968667 THE HIGHLANDS AT WYOMISSING OPERATES 281 RESIDENTIAL LIVING FACILITY THAT PROVIDES HOUSING, SOCIAL SERVICE SUPPORT, SOCIAL ACTIVITIES AND HEALTH AND WELLNESS ACTIVITIES TO OUR RESIDENTS. DURING FY 2020, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 370 RESIDENTS FOR A TOTAL OF 125,059 RESIDENT DAYS. 3738031 2648607 THE HIGHLANDS AT WYOMISSING OPERATES 63 BED PERSONAL CARE AND MEMORY SUPPORT FACILITY THAT PROVIDES HOUSING, SUPERVISED DAILY ACTIVITIES AND MODERATE MEDICAL CARE TO OUR RESIDENTS. DURING FY 2020, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 78 RESIDENTS FOR A TOTAL OF 15,838 RESIDENT DAYS. 9134391 8279848 THE HIGHLANDS AT WYOMISSING OPERATES AN 80 BED SKILLED NURSING CARE FACILITY THAT PROVIDES HOUSING, SKILLED NURSING CARE AND SOCIAL ACTIVITIES TO OUR RESIDENTS. DURING FY 2020, THE HIGHLANDS AT WYOMISSING PROVIDED SERVICES TO 192 RESIDENTS FOR A TOTAL OF 24,966 RESIDENT DAYS. 471133 PROVIDE RECREATIONAL ACTIVITIES FOR ELDERLY RESIDENTS 471133 28173710 1 1 0 0 0 0 0 0 0 1 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 1 0 1 0 0 0 0 0 0 0 0 0 1 30 0 1 572 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 8 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X MARIANNE PESSOGNELLI 6107752300 2000 CAMBRIDGE AVENUE WYOMISSING PA 19610 KEVIN P DEACOSTA PRESIDENT/CEO 40.00 X X 272049 0 101789 TIMOTHY G DIETRICH ESQ CHAIR 1.00 X X 0 0 0 BARBARA J KLINE DIRECTOR 1.00 X 0 0 0 JUNE T MAIER DIRECTOR 1.00 X 0 0 0 JOHN W GRUBER MD SECRETARY 1.00 X X 0 0 0 MICHAEL J ROWLEY TREASURER 1.00 X X 0 0 0 DANIEL J WINKLER DIRECTOR 1.00 X 0 0 0 DAVID L GEORGE MD DIRECTOR 1.00 X 0 0 0 GEOFFREY EDDOWES DIRECTOR 1.00 X 0 0 0 FAITH L OTT DIRECTOR 1.00 X 0 0 0 BRUCE G SMITH DIRECTOR 1.00 X 0 0 0 TODD SAYLOR DIRECTOR OF DINING SERVICE 40.00 X 0 0 0 LORENA LAZARCHICK DIRECTOR OF COMMUNITY LIFE AND ENGAGEMENT 40.00 X 0 0 0 JOHN LOPES PERSONAL CARE ADMINISTRATOR 40.00 X 0 0 0 JODI A GIBBLE DIRECTOR OF MARKETING 40.00 X 136654 0 51130 MARIANNE PESSOGNELLI CFO 40.00 X 129023 0 48275 KRISTEN SANTANGELO NURSING HEALTH CARE ADMINI 40.00 X 122572 0 45861 CURTIS EVANS COO 40.00 X 174133 0 65153 834431 0 312208 5 0 1 0 WOHLSEN CONSTRUCTION COMPANY 1295 MANHEIM PIKE LANCASTER PA 17601 CONSTRUCTION SERVICES 7872850 CCS BUILDING GROUP 100 WILLOW VALLEY LAKES DRIVE WILLOW STREET PA 17584 CONSTRUCTION SERVICES 2328054 WEIDENHAMMER SYSTEMS CORP 935 BERKSHIRE BLVD WYOMISSING PA 19610 IT SERVICES 992762 HEALTHPRO HERITAGE 307 INTERNATIONAL CIR SUITE 100 HUNT VALLEY MD 21030 THERAPY SERVICES 734865 GENESIS REHABILITATION SERVICES 101 E STATE STREET KENNETT SQUARE PA 19348 THERAPY SERVICES 578602 10 1675994 1675994 RESIDENTIAL FEES 623000 18968667 18968667 SKILLED NURSING 623000 8279848 8279848 PERSONAL CARE 623000 2648607 2648607 29897122 1370631 1370631 7259162 750 6494165 0 764997 750 765747 765747 HOMECARE 623000 853123 853123 DINING 623000 131023 131023 MAINTENANCE 623000 93923 93923 154213 154213 1232282 34941776 29897122 0 3368660 X 272049 272049 10171132 8707744 1463388 399379 329895 69484 2690595 2019969 670626 734776 622461 112315 151553 21264 130289 39490 39490 58000 58000 3494342 2511661 982681 83281 70251 13030 2395270 2380750 14520 14642 5239 9403 14341 6534 7807 2798162 2780925 17237 5187136 5155183 31953 244016 242513 1503 SUPPLIES 2377281 2341400 35881 EQUIPMENT RENTAL & MAIN 347069 330588 16481 NURSING EXPENSE - OTHER 204939 204939 MINOR EQUIPMENT EXPENSE 124433 77239 47194 477681 365155 111444 1082 32279567 28173710 4104775 1082 1078186 4217321 3698427 1361412 157317 178896 476113 548743 170773481 66485529 96727900 104287952 53213919 55046456 16599642 7542381 171951504 173183161 6018525 5297842 608615 622272 80750977 79278072 2451200 36866816 34140672 124244933 121790058 X 47657400 51114913 49171 278190 47706571 51393103 171951504 173183161 2662209 1024323 0 X 0 1 X 1 0 X 76150 71887 54368 93567 1675994 1971966 26242613 27398175 29930183 29645694 29897122 143113787 687800 1295725 1471161 1413438 1232282 6100406 27006563 28765787 31455712 31152699 32805398 151186159 0 0 0 151186159 798339 1192574 1466214 1076208 2194302 6727637 798339 1192574 1466214 1076208 2194302 6727637 27804902 29958361 32921926 32228907 34999700 157913796 0.95740 0.96410 0.04260 0.03590 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10659103 544985 507857 286217 48995 11376733 10251501 36173 603832 186135 46268 10659103 9792964 68800 699187 260105 49345 10251501 9170852 139114 820831 280300 57533 9792964 9095864 57316 332606 193182 121752 9170852 0 0 5000000 5000000 155450427 60217151 95233276 10323054 6268378 4054676 104287952 DEFERRED REVENUE 33238157 PROSPECTIVE RESIDENT DEPOSITS 599050 SECURITY & RESTORATION DEPOSITS 30000 GIFT ANNUITIES PAYABLE 273465 34140672 X 35944094 1024323 1024323 34919771 22005 22005 34941776 32257562 0 32257562 22005 22005 32279567 PART V, LINE 4: THE ENDOWMENT FUND WAS ESTABLISHED TO PRESERVE, INCREASE, DISTRIBUTE AND UTILIZE THE ASSETS OF THE ENDOWMENT FUND FOR THE BENEFIT OF THE RESIDENTS AND COMMUNITY OF THE HIGHLANDS IN ACCORDANCE WITH THE DETERMINATIONS OF THE BOARD. TO DATE, THE FUND HAS BEEN UTILIZED TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS WHO THROUGH NO FAULT OF THEIR OWN DEMONSTRATE AN INABILITY TO PAY THE MONTHLY SERVICE FEE AND OTHER CHARGES RELATED TO THEIR RESIDENCY. PART X, LINE 2: THE HIGHLANDS EVALUATES UNCERTAIN TAX POSITONS USING A TWO-STEP APPROACH FOR RECOGNIZING AND MEASURING TAX BENEFITS TAKEN OR EXPECTED TO BE TAKEN IN AN UNREALTED BUSINESS ACTIVITY TAX RETURN, AND DISCLOSURES REGARDING UNCERTAINIES IN TAX POSITIONS. THE HIGHLANDS DETERMINED THAT IT WAS NOT REQUIRED TO FILE ANY UNRELATED BUSINESS INCOME TAX RETURN AND NO ADJUSTMENTS TO THE FINANCIAL STATEMENTS WERE REQUIRED AS A RESULT OF THIS EVALUATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: CONTRIBUTION RECEIVED 22,005. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHARITIABLE CONTRIBUTIONS 22,005. X X 0 0 0 0 0 0 0 0 0 KEVIN P DEACOSTA PRESIDENT/CEO 272049 0 0 0 0 0 7433 0 94356 0 373838 0 0 0 JODI A GIBBLE DIRECTOR OF MARKETING 136654 0 0 0 0 0 3803 0 47327 0 187784 0 0 0 MARIANNE PESSOGNELLI CFO 129023 0 0 0 0 0 3512 0 44763 0 177298 0 0 0 KRISTEN SANTANGELO NURSING HEALTH CARE ADMINI 122572 0 0 0 0 0 3413 0 42448 0 168433 0 0 0 CURTIS EVANS COO 174133 0 0 0 0 0 4833 0 60320 0 239286 0 0 0 A BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAD8 2017-09-29 26895713 FINANCE A PORTION OF INDEBTEDNESS, FUND DEBT SERVICE RESERVE & PAY COSTS 0 0 0 B BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAK2 2017-12-20 18709964 FUND DESIGN & CONSTRUCTION OF FACILITIES ACQUISITION & INSTALLATION OF EQUIP 0 0 0 C BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 08452RAR7 2018-04-10 22820000 FINANCE REMAINING OF INDEBTEDNESS, FUND DEBT SERVICE RESERVE & PAY COSTS 0 0 0 A 26895713 1969000 534610 12402844 11989259 2018 1 0 1 1 B 18709964 1377029 332935 17000000 2020 0 0 1 1 C 24738093 2042091 411020 20284982 2018 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 A 0 0 0 0 0 0 0 0 1 B 0 0 0 0 0 0 0 0 1 C 0 0 0 0 0 0 0 0 1 A 1 B 1 C 1 PART 2, LINE 3 PROCEEDS OF ISSUE THE TOTAL PROCEEDS OF THE ISSUE ARE $1,918,093 GREATER THAN THE ISSUE PRICE REPORTED ON SCHEDULE K, PART 1, LINE C, COLUMN (E) DUE TO AN ORIGINAL ISSUE PREMIUM. BARBARA J KLINE RESIDENT BOARD MEMBER 67832 PD MONTHLY RESIDENT FEES 0 BARLEY SNYDER LLP BOARD MEMBER IS PARTNER LAW FIRM 76641 LEGAL SERVICES FEES 0 JOHN W GRUBER MD RESIDENT BOARD MEMBER 72286 PD MONTHLY RESIDENT FEES 0 SAGE AGE STRATEGIES INC BOARD MEMBER IS FOUNDER/CEO OF CORPORATION 35327 CONSULTING SERVICES 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: ANNUAL COMMUNITY BENEFIT REPORT DIRECT RESIDENT CARE UNCOMPENSATED BENEVOLENT CARE $ 278,705 BAD DEBT $ 55,416 COMMUNITY IMPROVEMENT SERVICES REAL ESTATE TAXES $1,585,056 FINANCIAL AND IN-KIND DONATIONS $ 226,667 PATIENT CARE COMMUNITY SERVICES $ 11,026 COMMUNITY HEALTH EDUCATION $ 56,909 RESIDENT VOLUNTEER CONTRIBUTIONS $ 693 COMMUNITY BENEFIT TOTAL FISCAL YEAR 2019 - 2020 $2,214,472 FORM 990, PART VI, SECTION A, LINE 7A INDIVIDUALS ARE ELECTED AND APPOINTED TO THE GOVERNING BODY OF THE HIGHLANDS AT WYOMISSING BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED PRIOR TO FILING BY THE CFO AND STAFF. THE FORM 990 IS REVIEWED BY BOTH THE AUDIT AND RISK COMMITTEE OF THE BOARD OF DIRECTORS AND THE FULL BOARD OF DIRECTORS AND IS APPROVED BY THE FULL BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS, MEMBERS OF A COMMITTEE AND EXECUTIVE TEAM ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY ANNUALLY. THERE ARE ALSO PERIODIC REVIEWS PERFORMED TO VERIFY ADHERENCE TO THE CONFLICT OF INTEREST POLICY. IF THE REVIEWER FINDS AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST IT SHALL TAKE APPROPRIATE CORRECTIVE AND/OR DISCIPLINARY ACTION. TRAINING PROVIDED ANNUALLY FOR ALL EMPLOYEES ON CORPORATE COMPLIANCE WHICH INCLUDES CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THERE IS AN EXECUTIVE COMPENSATION STUDY DONE BY AN INDEPENDENT THIRD PARTY. THE PERFORMANCE REVIEW COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION AND PERFORMANCE OF ALL KEY MEMBERS OF MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G TEMPORARY RESOURCES: PROGRAM SERVICE EXPENSES 450,923. MANAGEMENT AND GENERAL EXPENSES 9,001. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 459,924. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,060,738. MANAGEMENT AND GENERAL EXPENSES 973,680. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,034,418.