2020-05-15T11:46:58-05:00 2019-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2018-07-01 521533715 COLUMBIA VANTAGE HOUSE CORPORATION COLU 4109645454 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 MERIANN RITACCO EXECUTIVE DIRECTOR 4109645454 2020-05-14 1 CONNIE M LIRA P00481097 2156433900 2020-05-13 67.137.57.251 2020-05-14 08:11:55 ED P 79785B13D078E4AA35DF2283D3B31463F826469C C295692FC755D544774FE10B7A8A39D33D425111 2018 2020-09-23 17:36:50Z RESIDENCES AT VANTAGE POINT MERIANN RITACCO 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 24047970 0 X WWW.VANTAGEPOINTRESIDENCES.ORG X 1987 MD TO OPERATE A NON-DENOMINATIONAL SENIOR LIVING CONTINUING CARE RETIREMENT COMMUNITY 16 16 290 95 0 0 4925 250 15286932 15331290 161451 256758 51501 53133 15504809 15641431 0 0 0 0 7299348 7780017 0 0 0 10352649 11577453 17651997 19357470 -2147188 -3716039 64772632 63004792 109133647 110466688 -44361015 -47461896 TO ENHANCE THE LIVES OF OUR RESIDENTS BY OFFERING A LIFETIME OF SERVICES AND ENRICHING WELLNESS, INTELLECTUAL, AND SOCIAL GROWTH OPPORTUNITIES WITHIN FISCALLY RESPONSIBLE PARAMETERS. 0 0 13043126 0 10878969 INDEPENDENT LIVING AND AFFILIATED SUPPORT SERVICES: SUPPORTIVE SERVICES FOR INDEPENDENT LIVING INCLUSIVE OF DINING, SOCIAL, CULTURAL, AND WELLNESS PROGRAMS. TOTAL INDEPENDENT LIVING DAYS FOR THE YEAR ENDED JUNE 30, 2019, WERE 85,575. 4541513 0 4452321 HEALTH CARE: 24 HOUR NURSING AND HEALTH CARE INCLUSIVE OF COMPREHENSIVE CARE, ASSISTED LIVING, AND MEMORY CARE. FOR THE YEAR ENDED JUNE 30, 2019, TOTAL SKILLED NURSING DAYS WERE 6,738, TOTAL ASSISTED LIVING DAYS WERE 8,888, AND TOTAL MEMORY CARE DAYS WERE 4,626.THE RESIDENTIAL SERVICE AGENCY PROVIDES SUPPORT TO RESIDENTS TO REMAIN INDEPENDENT. ASSISTED LIVING SUPPORTS RESIDENTS WITH ACTIVITIES OF DAILY LIVING. THE MEMORY CARE PROGRAM IS THE ONLY ONE IN MARYLAND CERTIFIED BY THE HEARTHSTONE INSTITUTE AS A CENTER FOR MEMORY CARE EXCELLENCE. THE SKILLED NURSING FACILITY PROVIDES RESIDENTS WITH 24-HOUR NURSING AND REHABILITATION SUCH AS PHYSICAL, SPEECH, OR OCCUPATIONAL THERAPY. 17584639 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 54 0 290 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 1 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X KRISTIE MILLER DIRECTOR OF FINANCE 4109921215 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 BARBARA C BEDNARZIK DIRECTOR 1.00 0.00 X 0 0 0 MARK BOBOTEK DIRECTOR 1.00 1.00 X 0 0 0 PENNY L BOUGHN DIRECTOR 1.00 1.00 X 0 0 0 SUSAN M CASTELLAN DIRECTOR 3.00 0.00 X 0 0 0 IRMA A CHAPIN DIRECTOR 3.00 0.00 X 0 0 0 LIN C EAGAN DIRECTOR 1.00 0.00 X 0 0 0 MICHAEL GLASGOW DIRECTOR 1.00 0.00 X 0 0 0 DAVID M IMRE DIRECTOR 1.00 0.00 X 0 0 0 FREDERICK KUTZ DIRECTOR-AS OF OCT 2018 1.00 0.00 X 0 0 0 KARLA PINATO DIRECTOR 1.00 0.00 X 0 0 0 CAROL A ROMANO DIRECTOR 1.00 0.00 X 0 0 0 LEON ROSENBURG DIRECTOR-AS OF OCT 2018 1.00 0.00 X 0 0 0 VIRGINIA M THOMAS PRESIDENT 3.00 1.00 X X 0 0 0 GAIL T YOUNG VICE PRESIDENT 3.00 0.00 X X 0 0 0 ROCCO RICCI TREASURER 3.00 0.00 X X 0 0 0 BRUCE P MARTIN SECRETARY 3.00 0.00 X X 0 0 0 JANE L DEMBNER DIRECTOR-LEFT NOV 2018 1.00 0.00 X 0 0 0 PAULA J RASERA DIRECTOR-LEFT OCT 2018 1.00 0.00 X 0 0 0 RAYMOND C ROBERTS DIRECTOR-LEFT NOV 2018 3.00 0.00 X 0 0 0 KRISTIE A MILLER DIRECTOR OF FINANCE 40.00 3.00 X 97066 0 8169 KATHRYN TRAVERS LIFESTYLE ADVISOR 40.00 0.00 X 118673 0 1272 BARBARA D VANSANT DIRECTOR OF HEALTH SERVICES 40.00 0.00 X 111737 0 18148 TONY BENNETT DIRECTOR OF PLANT OPERATIONS 40.00 0.00 X 101623 0 0 429099 0 27589 3 0 0 0 WHITING-TURNER CONTRACTING CO THE 300 E JOPPA ROAD BALTIMORE MD 21286 CONSTRUCTION SERVICES 5288099 LIFE CARE SERVICES LLC 400 LOCUST STREET STE 820 DES MOINES IA 50309 MANAGEMENT SERVICES 859743 JAMES A QUICK 21 NEWPORT DRIVE SUITE A FOREST HILL MD 21050 MECHANICAL SERVICES 601881 ACTION ELEVATOR COMPANY 7668 BALTIMORE ANNAPOLIS BLVD GLEN BURNIE MD 21060 ELEVATOR MODERNIZATION 584513 MJ CONTRACTING INC 15604 HALE DRIVE NEW FREEDOM PA 17349 CONSTRUCTION/RENOVATION SERVICES 548980 15 250 250 INDEPENDENT LIVING 623000 9642175 9642175 HEALTH CARE SERVICES 623000 4452321 4452321 ENTRANCE FEES 623000 1236794 1236794 15331290 279342 279342 53133 0 53133 53133 53133 8383955 8406539 -22584 -22584 -22584 15641431 15331290 0 309891 102943 102943 6102136 5516672 585464 24802 22596 2206 1072005 545583 526422 478131 422000 56131 417530 417530 26760 26760 55500 55500 440997 362296 78701 494492 494492 11774 11774 133588 133588 1114363 1107374 6989 14479 7022 7457 13556 6478 7078 2424299 2409156 15143 3682867 3660292 22575 205147 203860 1287 FOOD/DIETARY 979403 979403 PHYS/OCCUP/SPCH THERAPY 558224 558224 MAINTENANCE AND REPAIR 197459 197077 382 MEDICAL SUPPLIES, DRUGS 133014 133014 674001 541570 132431 19357470 17584639 1772831 0 5427924 353954 7663641 3626692 428449 1194627 100168 79784 83672 80393 89637555 46392648 42918224 43244907 8150554 13973805 432637 0 17993 64772632 63004792 1954057 1719400 55814100 58781757 48234974 47394647 3130516 2570884 109133647 110466688 X -44361015 -47461896 -44361015 -47461896 64772632 63004792 X -3716039 226178 388980 X 0 1 X 1 0 X 162500 69000 3160 4925 250 239835 14395689 13707799 14978691 15286932 15331290 73700401 14558189 13776799 14981851 15291857 15331540 73940236 239930 182772 199716 203824 306624 1132866 0 239930 182772 199716 203824 306624 1132866 72807370 105225 151654 215994 247821 332475 1053169 105225 151654 215994 247821 332475 1053169 746396 746396 14663414 13928453 15944241 15539678 15664015 75739801 0.96130 0.97830 0.01390 0.01150 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: GAIN ON EARLY RETIREMENT OF DEBT - 2016 AMOUNT: $ 746,396. 650699 14208 51351 613556 594261 64552 8114 650699 355923 250990 12652 594261 386783 11164 42024 355923 360205 41229 14651 386783 0.00000 0.00000 1.00000 0 1 1 4738600 4738600 80455666 42845965 37609701 4376641 3546683 829958 66648 66648 43244907 ENTRANCE FEE REFUNDS IN PROCESS 1488927 REFUNDABLE DEPOSITS 1081957 2570884 X PART V, LINE 4: THE ENDOWMENT FUNDS ARE HELD BY COLUMBIA VANTAGE POINT FOUNDATION, INC., A RELATED 501(C)(3) SUPPORTING ORGANIZATION OF COLUMBIA VANTAGE HOUSE CORPORATION (CVCH), FOR THE PURPOSE OF PROVIDING ASSISTANCE TO CVHC. CVHC FURTHER DESIGNATED THAT THE PURPOSE OF THE ENDOWMENT FUNDS WILL BE RESERVED SPECIFICALLY FOR PROVIDING ASSISTANCE TO THE COMMUNITY'S RESIDENTS. PART X, LINE 2: THE CORPORATION IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE IRC. THE CORPORATION FOLLOWS THE PROVISIONS OF THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON THE CORPORATION'S FINANCIAL STATEMENTS. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE CORPORATION HAS IMPLEMENTED PROCESSES TO ENSURE CORPORATE COMPLIANCE WITH THE INTERNAL REVENUE SERVICE INTERMEDIATE SANCTIONS PROVISION. THESE PROCESSES INCLUDE ANNUAL REVIEW BY THE EXECUTIVE COMMITTEE OF EXECUTIVE TEAM COMPENSATION, AND ANNUAL REVIEW BY THE BOARD OF DIRECTORS OF THE PERFORMANCE AND COMPENSATION OF THE CORPORATION'S EXECUTIVE DIRECTOR. THE BOARD ENGAGES IN ANNUAL CORPORATE COMPLIANCE EDUCATION, HAS ADOPTED AND REVIEWS AT LEAST ANNUALLY A WRITTEN CORPORATE COMPLIANCE PROGRAM AND CODE OF CONDUCT, AND HAS A DETAILED CONFLICT OF INTEREST POLICY. A HOWARD COUNTY MARYLAND 526000965 442593AY5 2016-10-27 28312194 REPAY 2007 BONDS, FINANCE CAPITAL IMPROVEMENTS, FUND CERTAIN RESERVES 0 0 0 B HOWARD COUNTY MARYLAND 526000965 442593BC2 2017-01-04 23140797 REPAY 2007 BONDS, FUND CERTAIN RESERVES 0 0 0 A 1542194 28312194 2436554 546451 16833153 8505445 2018 0 1 1 1 B 2255797 23140797 1652129 404964 21102183 1 0 1 1 A 0 1 1 1 0 0.00440 0.00440 0 0 1 B 0 1 1 1 0 0.00440 0.00440 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPRISED OF THE PRESIDENT, VICE PRESIDENT, SECRETARY AND TREASURER OF THE BOARD, AS WELL AS ANY VOTING BOARD DIRECTOR THAT IS ALSO SERVING AS THE CHAIR OF ONE OF THE OTHER STANDING COMMITTEES. THE EXECUTIVE COMMITTEE HAS FULL AUTHORITY TO ACT AS THE BOARD BETWEEN MEETINGS OF THE BOARD, BUT ITS AUTHORITY SPECIFICALLY EXCLUDES THE FOLLOWING: 1) ELECTION OF BOARD MEMBERS AND OFFICERS 2) APPROVAL OF THE ISSUANCE OF BONDS OR OTHER SECURITIES 3) RETENTION OR TERMINATION OF AN OUTSIDE MANAGEMENT FIRM HAVING GENERAL AUTHORITY TO MANAGE THE VANTAGE POINT FACILITY 4) ADOPT, AMEND OR REPEAL THE GOVERNING DOCUMENTS FORM 990, PART VI, SECTION A, LINE 3 THE COMPANY HAS A MANAGEMENT AGREEMENT WITH LIFE CARE SERVICES LLC OF DES MOINES, IOWA (LCS). LCS PROVIDES CLINICAL AND FINANCIAL SYSTEMS, COMPLIANCE SUPPORT AND PLACES ON-SITE THE EXECUTIVE DIRECTOR (WHO ACTS AS THE CHIEF EXECUTIVE OFFICER) AND THE ADMINISTRATOR (WHO IS REQUIRED TO BE A MARYLAND LICENSED NURSING HOME ADMINISTRATOR) AND PROVIDES REGULAR REPORTS TO THE BOARD OF DIRECTORS. THE EXECUTIVE DIRECTOR AND THE ADMINISTRATOR ARE EMPLOYEES OF LCS, AND THE CORPORATION REIMBURSES LCS FOR THEIR SALARIES AND BENEFITS. MANAGEMENT FEES PAID TO LCS FOR THE TAX YEAR EQUAL $417,530. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS HAVE BEEN AMENDED AS FOLLOWS: 1) THE MINIMUM NUMBER OF DIRECTORS INCREASED FROM THREE (3) TO NINE (9). 2) THE MAXIMUM NUMBER OF DIRECTORS DECREASED FROM TWENTY-FIVE (25) TO TWENTY (20). FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND THEN THE CORPORATE BOARD FINANCE COMMITTEE, EXECUTIVE DIRECTOR, AND DIRECTOR OF FINANCE REVIEW THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO THE BOARD OF DIRECTORS, ALL MEMBERS OF STANDING AND ADVISORY COMMITTEE, ANY BOARD OR COMMITTEE MEMBER'S IMMEDIATE FAMILY OR ANY PERSON ACTING ON THE BOARD OR COMMITTEE MEMBER'S BEHALF. ANNUAL CONFLICT OF INTEREST DISCLOSURES ARE REQUIRED OF ALL BOARD MEMBERS. ALL EMPLOYEES ARE REQUIRED TO REVIEW AND ACKNOWLEDGE IN WRITING THE CONFLICT OF INTEREST POLICY UPON HIRE AND ANNUALLY. AFTER DISCLOSURE OF A POTENTIAL CONFLICT AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, THE INTERESTED PERSON SHALL LEAVE THE BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD OR COMMITTEE MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE THAT A BOARD OR COMMITTEE MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE BOARD OR COMMITTEE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD SUCH BOARD OR COMMITTEE MEMBER AN OPPORTUNITY TO EXPLAIN THE FAILURE TO DISCLOSE. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS FOR DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS BASED ON A COMPARATIVE MARKET SURVEY AND AN ANNUAL PERFORMANCE EVALUATION WHICH BECOMES PART OF THE PERSONNEL FILE. THE CORPORATE BOARD PRESIDENT AND OTHER BOARD OFFICERS, AS WELL AS LIFE CARE SERVICES, ANNUALLY REVIEW THE PERFORMANCE OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 COLUMBIA VANTAGE HOUSE CORPORATION WILL PROVIDE THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS UPON REQUEST. FORM 990, PART XI, LINE 9: CUMULATIVE EFFECT OF CHANGE IN ACCOUNTING FOR CONTRACT ACQUISITION COSTS 388,980. VANTAGE HOUSE LLC 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 521533715 REAL ESTATE HOLDING MD 0 4738600 COLUMBIA VANTAGE HOUSE CORPORATION COLUMBIA VANTAGE POINT FOUNDATION INC 5400 VANTAGE POINT ROAD COLUMBIA MD 21044 263248227 A SUPPORTING ORGANIZATION FOR COLUMBIA VANTAGE HOUSE CORPORATION MD 501(C)(3) LINE 12A, I COLUMBIA VANTAGE HOUSE CORPORATION 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 0 1