2020-09-28T11:30:49-05:00 2019-12-31 520547375 MCLEAN KOEHLER SPARKS & HAMMOND 2205 YORK ROAD SUITE 102 TIMONIUM MD 21093 990 2019-01-01 520591603 GENERAL GERMAN AGED PEOPLES HOME OF BALTIMORE GENE 4103396000 800 SOUTHERLY ROAD TOWSON MD 21286 MARK BEGGS PRESIDENT PRESIDENT 4103366000 2020-09-23 1 PAUL M STECKEL CPA P00168979 4102966200 75.150.31.245 2020-09-23 11:46:22 ED P 88FFE66A9D038ED61342454B70C2D4DFDCBFA7A7 88FFE66A9D038ED61342454B70C2D4DFDCBFA7A7 2019 2021-01-29 14:40:06Z EDENWALD MARK BEGGS 800 SOUTHERLY ROAD TOWSON MD 21286 52244109 0 X WWW.EDENWALD.ORG X 1881 MD THE GENERAL GERMAN AGED PEOPLE'S HOME OF BALTIMORE IS A MARYLAND NOT-FOR-PROFIT ORGANIZATION THAT OPERATES A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY ("EDENWALD"), WHICH WAS OPENED FOR OCCUPANCY IN SEPTEMBER 1985, AND PROVIDES SERVICES THROUGH A COMBINATION OF APARTMENTS, ASSISTED LIVING AND COMPREHENSIVE CARE ACCOMMODATIONS. EDENWALD PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO ARE NOT ABLE TO PAY THEIR MONTHLY FEES. IN 2019, EDENWALD PROVIDED ASSISTANCE OF $208,929 TO 7 RESIDENTS OF THE FACILITY. 14 14 590 12 0 0 97226 9175 24887866 26340872 2208725 1891435 0 0 27193817 28241482 280645 208929 0 0 14506688 14245405 0 0 0 17603682 15127281 32391015 29581615 -5197198 -1340133 110699082 114793552 128847935 131086655 -18148853 -16293103 X THE GENERAL GERMAN AGED PEOPLE'S HOME OF BALTIMORE IS A MARYLAND NOT-FOR-PROFIT ORGANIZATION THAT OPERATES A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY ("EDENWALD"), WHICH WAS OPENED FOR OCCUPANCY IN SEPTEMBER 1985, AND PROVIDES SERVICES THROUGH A COMBINATION OF APARTMENTS, ASSISTED LIVING AND COMPREHENSIVE CARE. EDENWALD PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO ARE NOT ABLE TO PAY THEIR MONTHLY FEES. IN 2019, EDENWALD PROVIDED ASSISTANCE OF $208,929 TO 7 RESIDENTS OF THE FACILITY. 0 0 8611582 208929 19496412 RESIDENTS' SERVICES 8646803 2869742 ASSISTED LIVING AND COMPREHENSIVE CARE 6785618 3249331 HOUSEKEEPING, LAUNDRY & DIETARY 2222181 PROPERTY OPERATIONS & MAINTENANCE 2222181 26266184 1 0 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 72 0 1 590 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X ROLAND DEVASHER 4103396013 800 SOUTHERLY ROAD TOWSON MD 21286 LAWRENCE S COOK DIRECTOR 0.00 X 0 0 0 WILLIAM L HERMANN DIRECTOR 0.00 X 0 0 0 SALLY RANSOM-KNECHT DIRECTOR 0.00 X 0 0 0 ASTRID WEXLER DIRECTOR 0.00 X 0 0 0 BRUCE J MATTHEISS DIRECTOR 0.00 X 0 0 0 FRANCIS B PALUMBO DIRECTOR/CHAIRMAN 0.00 X X 0 0 0 ROBERT L SEEGER DIRECTOR 0.00 X 0 0 0 W CHARLES ROGERS DIRECTOR 0.00 X 0 0 0 CORY SILKMAN DIRECTOR 0.00 X 0 0 0 DEBRA S WERTHEIMER MD DIRECTOR/VICE CHAIR 0.00 X X 0 0 0 SCOTT B ENSOR DIRECTOR/SECRETARY 0.00 X X 0 0 0 S NELSON WEEKS DIRECTOR 0.00 X 0 0 0 VINCENT P NESLINE DIRECTOR/TREASURER 0.00 X X 0 0 0 MARK BEGGS PRESIDENT 40.00 X 275903 0 11817 ROLAND DEVASHER SENIOR VICE PRESIDENT FINA 40.00 X 188457 0 11299 DIANE L STINCHCOMB DIRECTOR SALES 40.00 X 127829 0 12971 RICHARD HUNTER SENIOR VICE PRESIDENT OPER 40.00 X 137953 0 6383 CHRISTA DAILEY DIRECTOR OF NURSING 40.00 X 100347 0 4743 STEVEN W ROTHWELL HEALTHCARE ADMINISTRATOR 40.00 X 126923 0 0 F CARVEL PAYNE PRESIDENT/DIRECTOR 40.00 X 11692 0 0 969104 0 47213 6 1 1 0 WINDSOR ELECTRIC CO INC 10227 S DOFIELD RD OWINGS MILLS MD 21117 ELECTRICAL CONTRACTOR 188875 JK TILEWORKS 18235 FALLS RD HAMPSTEAD MD 21074 CERAMIC TILE INSTALLATION 185440 NATURAL CONCERNS 53 LOVETON CIRCLE SPARKS MD 21152 LANDSCAPE CONTRACT 177918 EMORY HOME IMPOVEMENTS 105 ROSE ST TIMONIUM MD 21093 WOODWORK CONTRACTOR 142623 RUCK-SHOCKEY ASSOCIATES INC 12813 CALEB DR TRUCKEE CA 96161 FOODSERVICE CONSULTING 118886 7 9175 9175 SERVICE FEES 623000 19500477 19500477 ENTRANCE FEES 623000 6115008 6115008 OTHER INCOME 623000 432831 432831 NONRESIDENT FOOD SERVICE 623000 292556 292556 26340872 497664 497664 25396398 23808480 194147 1587918 -194147 1393771 -194147 1587918 28241482 26146725 0 2085582 208929 208929 1069038 944326 124712 10946462 9669466 1276996 2229905 1972588 257317 272604 272604 257668 257668 664149 612366 51783 54089 19358 34731 1908101 1908101 4645589 4645589 599677 599677 FOOD 1822966 1821474 1492 UTILITIES 962150 962150 REAL ESTATE TAXES 821564 805893 15671 MAINTENANCE BUILDING 686354 686354 2432370 1736986 695384 29581615 26266184 3315431 0 1490150 1668061 18673 48257 3587680 3441148 130140656 61304349 71094839 68836307 17009272 20675994 16793910 19595107 704558 528678 110699082 114793552 2562574 2569749 48841913 51475801 48052192 46309014 29391256 30732091 128847935 131086655 X -20903337 -19440192 2754484 3147089 -18148853 -16293103 110699082 114793552 -1340133 3195883 0 X X 0 1 X 1 0 X 403187 338172 169326 97226 9175 1017086 24816079 25519039 26041870 26559970 27734643 130671601 25219266 25857211 26211196 26657196 27743818 131688687 0 0 0 131688687 518976 932276 536293 536621 497664 3021830 518976 932276 536293 536621 497664 3021830 25738242 26789487 26747489 27193817 28241482 134710517 0.97760 0.97690 0.02240 0.02310 X 2 876 6552181 0 0 1523380 1523380 117379711 52436749 64942962 10261405 8118789 2142616 976160 748811 227349 68836307 CASH AND CASH EQUIVALENTS 4563581 F REAL ESTATE INVESTMENTS 1745500 C ACCRUED INCOME 17270 F MUTUAL FUNDS 4608323 F GOVERNMENT BONDS 8660433 F 19595107 DEPOSITS FROM PROSPECTIVE CLIENTS 134000 REFUNDABLE ENTRANCE FEES 30598091 30732091 X 31228436 3195883 3195883 28032553 208929 208929 28241482 29372686 0 29372686 208929 208929 29581615 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR INCOME TAX PROVISIONS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CONCEPT TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CREATES A SINGLE MODEL TO ADDRESS UNCERTAINTY IN TAX POSITIONS AND CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, AT DECEMBER 31, 2019 AND 2018 FOR UNCERTAIN INCOME TAX POSITIONS. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION HAS ADOPTED A POLICY UNDER WHICH, IF REQUIRED TO BE RECOGNIZED IN THE FUTURE, IT WILL CLASSIFY INTEREST RELATED TO THE UNDERPAYMENT OF INCOME TAXES AS A COMPONENT OF INTEREST EXPENSE, AND IT WILL CLASSIFY ANY RELATED PENALTIES IN ADMINISTRATIVE EXPENSES IN THE STATEMENTS OF UNRESTRICTED REVENUES, EXPENSES, AND OTHER CHANGES IN UNRESTRICTED NET ASSETS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2016. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESIDENTS' ASSISTANCE REPORTED AS A REDUCTION TO OTHER INCOME ON THE FINANCIAL STATEMENTS BUT REPORTED AS AN EXPENSE ON PAGE 10, PART IX, LINE 2 208,929. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESIDENTS' ASSISTANCE REPORTED AS A REDUCTION TO INCOME ON THE FINANCIAL STATEMENTS BUT REPORTED AS AN EXPENSE ON PAGE 10, PART IX, LINE 2 208,929. 1 RENT SUBSIDIES 7 208929 PART I, LINE 2: EDENWALD PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO ARE NOT ABLE TO PAY THEIR MONTHLY FEES. SUCH RESIDENTS USUALLY APPLY FOR ASSISTANCE BY MEETING WITH THE PRESIDENT OR THE SENIOR VICE PRESIDENT OF FINANCE AND ADMINISTRATION. THEIR REQUEST IS THEN SUBMITTED TO, REVIEWED BY, AND APPROVED OR DENIED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. X 0 0 0 0 0 0 0 0 0 MARK BEGGS PRESIDENT 275903 0 0 0 0 0 0 0 11817 0 287720 0 0 0 ROLAND DEVASHER SENIOR VICE PRESIDENT FINA 188457 0 0 0 0 0 0 0 11299 0 199756 0 0 0 F CARVEL PAYNE PRESIDENT/DIRECTOR 11692 0 0 0 0 0 0 0 0 0 11692 0 0 0 A MARYLAND HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY 520936091 574218ZL0 2015-09-22 49030000 RENOVATION OF FACILITY/REFUNDING OF EXISTING DEBT 0 0 0 A 52747262 3714400 801751 2999367 2017 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FRANK AND SALLY KNECHT SALLY KNECHT IS A FORMER BOARD MEMBER AND FRANK KNECHT IS HER HUSBAND 66552 ON 7/23/2013, FRANK AND SALLY KNECHT ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME AND PAID AN ENTRANCE FEE OF $222,500. IN 2019, THEY PAID FEES OF $66,552 FOR THE YEAR. 0 JOAN WERTHEIMER JOAN WERTHEIMER IS THE MOTHER OF BOARD MEMBER DEBRA WERTHEIMER 70404 ON 9/25/2013, GUNTHER AND JOAN WERTHEIMER ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME AND PAID AN ENTRANCE FEE OF $374,500. GUNTHER PASSED AWAY ON 2/13/2018. IN 2019, JOAN PAID FEES OF $70,404 FOR THE YEAR. 0 JOHN AND BARBARA DITTO JOHN DITTO IS A FORMER BOARD MEMBER AND BARBARA DITTO IS HIS WIFE 57957 IN 2015, JOHN AND BARBARA DITTO ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME AND PAID AN ENTRANCE FEE OF $348,500. JOHN DITTO PASSED AWAY ON 7/15/2019. IN 2019, THEY PAID FEES OF $57,957 FOR THE YEAR. 0 ANNE T GARRETT ANNE GARRETT IS A FORMER BOARD MEMBER 47520 IN 2018, ANNE T. GARRETT ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME AND PAID AN ENTRANCE FEE OF $448,800. IN 2019, SHE PAID FEES OF $47,520 FOR THE YEAR. 0 CAROLYN MATTHEISS CAROLYN MATTHEIS IS THE SPOUSE OF A CURRENT BOARD MEMBER, BRUCE MATTHEISS 12567 IN 2019, CAROLYN MATTHEISS ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME. IN 2019, SHE PAID FEES OF $12,567 FOR THE YEAR. 0 FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION IS A NON-STOCK CORPORATION THAT HAS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE ON THE BOARD OF DIRECTORS AND APPROVE THEIR ACTIONS FORM 990, PART VI, SECTION A, LINE 7B ELECT DIRECTORS, APPROVE AUDITORS, RATIFY ACTIONS OF THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BOARD PRIOR TO BEING FILED AND WAS DISCUSSED AND REVIEWED AT A MEETING OF A QUORUM OF THE BOARD FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF CONFLICT OF INTEREST STATEMENTS FORM 990, PART VI, SECTION B, LINE 15A CEO'S COMPENSATION WAS REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE DISTRIBUTED TO BONDHOLDERS, MD DEPARTMENT OF AGING, MHHEFA AND INTERESTED PARTIES THROUGH THE DISCLOSURE STATEMENT. OTHER ITEMS ARE DISTRIBUTED ON A CASE BY CASE BASIS. FORM 990 PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE AUDIT. THE BOARD OF DIRECTORS APPROVE THE AUDITORS. THERE HAS BEEN NO CHANGE IN THE PROCESS OF THE OVERSIGHT OF THE FINANCIALS.