2020-11-12T07:54:47-06:00 2019-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2019-01-01 231548106 JENNER'S POND INC JENN 6108698600 2000 GREENBRIAR LANE WEST GROVE PA 19390 MARK AGUILAR CFO 6106100112 2020-11-11 1 KERRI N BOGDA CPA P00760402 7177404863 173.184.107.124 2020-11-11 11:05:42 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D55C9BF7EA9CC92FF5CD8A3B56631CEAE08BA54E 2019 2021-01-29 14:40:06Z CAROL MCKINLEY 150 MONUMENT ROAD NO 105 BALA CYNWYD PA 19004 30558188 0 X WWW.JENNERSPOND.ORG X 1997 PA TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY. 8 7 440 196 0 0 154648 455346 21551066 23433405 385480 552155 1167279 773331 23258473 25214237 4650 900 0 0 8671244 8712452 0 0 0 16154565 17828735 24830459 26542087 -1571986 -1327850 65219835 73675262 111852932 120872465 -46633097 -47197203 X JENNER'S POND IS DEDICATED TO MEETING THE NEEDS OF SENIORS IN OUR COMMUNITY. THROUGH CAREFUL OVERSIGHT, WE STRIVE TO DELIVER THE HIGHEST QUALITY OF SERVICE WITH A SENSE OF WARMTH, FRIENDLINESS, INDIVIDUAL PRIDE, AND INTEGRITY. CONTINUED ON SCHEDULE O.WE ARE COMMITTED TO OFFERING OUR RESIDENTS AND STAFF OPPORTUNITIES FOR PERSONAL GROWTH AND SPIRITUAL ENRICHMENT. 0 0 22589244 900 23489793 JENNER'S POND OPERATES A CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF 162 RESIDENTIAL COTTAGES, 116 APARTMENTS, 59 ASSISTED LIVING SUITES, OF WHICH 12 SUITES HAVE BEEN DESIGNATED FOR DEMENTIA CARE, AND 36 SKILLED NURSING BEDS. THE PRIMARY SERVICE AREA INCLUDES CHESTER COUNTY AND SURROUNDING COMMUNITIES.BENEVOLENT CARE PROVIDED FOR THE YEAR 2019 BENEFITTED TWO RESIDENTS AND TOTALED $11,220. 22589244 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 21 0 440 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X MARK AGUILAR CFO 6106100112 150 MONUMENT ROAD NO 105 BALA CYNWYD PA 19004 KIM W WILLIAMS PRESIDENT/CEO 1.00 39.00 X X 0 421818 21876 MARK AGUILAR CHIEF FINANCIAL OFFICER 1.00 39.00 X 0 258712 27884 DOUG FLASHER CHIEF OPERATING OFFICER 1.00 39.00 X 0 215989 8947 BONNIE CHANDLER CORPORATE CONTROLLER 1.00 39.00 X 0 141008 10096 BARBARA CROYLE EXECUTIVE DIRECTOR 40.00 X 149083 0 22962 NADINE O'NEILL DIRECTOR OF NURSING 40.00 X 107235 0 33239 REBECCA WHITE NHA 40.00 X 108586 0 6519 REV JAMES D ANDERMAN CHAIR 1.00 5.00 X X 0 0 0 MICHELLE GOLLAPALLI VICE CHAIR 1.00 3.00 X X 0 0 0 BRAD DAGGETT SECRETARY 1.00 3.00 X X 0 0 0 JANIS MOORE CAMPBELL PHD IMMEDIATE PAST CHAIR 1.00 5.00 X X 0 0 0 MARY ANN HOFFMAN IMMEDIATE PAST CHAIR (UNTIL 11/2019) 1.00 5.00 X X 0 0 0 RON DANKANICH SECRETARY (UNTIL 11/2019) 1.00 3.00 X X 0 0 0 GERALD I MAGID TREASURER (UNTIL 11/2019) 1.00 3.00 X X 0 0 0 MEREDITH OKENQUIST DIRECTOR 1.00 3.00 X 0 0 0 REV DAVID W BROWN DIRECTOR 1.00 3.00 X 0 0 0 RICK HELLBERG DIRECTOR 1.00 3.00 X 0 0 0 MITCHELL GERSTEIN DIRECTOR (UNTIL 11/2019) 1.00 3.00 X 0 0 0 364904 1037527 131523 3 0 1 0 UNIDINE PO BOX 102289 ATLANTA GA 30368 DIETARY & HOUSEKEEPING SERVICES 1783885 SALVADORE ENTERPRISES LLC 501 COVERED BRIDGE LANE OXFORD PA 19363 BUILDING/REMODELING CONTRACTOR SERVICES 1225789 FUNCTIONAL PATHWAYS 10133 SHERRILL BLVD STE 200 KNOXVILLE TN 379323347 THERAPY SERVICES 926431 ARBUSS PAINTING PO BOX 280 ATGLEN PA 19310 PAINTING CONTRACTOR SERVICES 655949 SELECT REHABILITATION INC PO BOX 71985 CHICAGO IL 606941985 THERAPY SERVICES 566185 32 70231 385115 455346 NET RESIDENT SERVICE REVENUE 623000 20306434 20306434 AMORTIZATION OF ENTRANCE FEES 623000 3126971 3126971 23433405 153710 153710 19200 19200 0 5702871 5304426 398445 398445 398445 22112 70231 20325 1787 1787 FOOD SERVICE REVENUE 722514 600054 600054 BARBER & BEAUTY REVENUE 812900 75514 75514 HOME CARE REVENUE 621610 56388 56388 39588 39588 771544 25214237 23489793 0 1269098 900 900 156960 156960 7045289 5993223 1052066 147756 111918 35838 827825 706912 120913 534622 446335 88287 1995413 588625 1406788 40071 40071 38788 38788 1385 1385 122969 122969 2633203 2371986 261217 24497 24497 299797 267079 32718 292215 22182 270033 1969670 1969670 129964 127029 2935 42880 33807 9073 1628098 1628098 4806496 4806496 463658 324703 138955 FOOD/NUTRITION 1183097 1183097 MEDICAL SUPPLIES 798482 798482 REPAIRS & MAINTENANCE 345151 344961 190 BAD DEBT EXPENSE 271375 271375 741526 592366 149160 26542087 22589244 3952843 0 2070884 1147606 189697 908286 2161296 648370 616594 111058913 62731194 46858960 48327719 12969027 15715822 1574611 5706225 65219835 73675262 2871212 2939476 26049327 25938777 37506699 41844503 45425694 50149709 111852932 120872465 X -48570046 -51221972 1936949 4024769 -46633097 -47197203 65219835 73675262 X -1327850 1516423 -752679 X 0 1 X 1 0 X 88154 82660 116403 154648 455346 897211 22766921 22558650 22318161 21551066 23489793 112684591 22855075 22641310 22434564 21705714 23945139 113581802 0 0 0 113581802 301349 605503 272468 301271 172910 1653501 301349 605503 272468 301271 172910 1653501 909915 891547 718559 1167609 715156 4402786 24066339 24138360 23425591 23174594 24833205 119638089 0.94940 0.94700 0.01380 0.01490 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FOOD SERVICE REVENUE - 2015 AMOUNT: $ 640,943. 2016 AMOUNT: $ 650,822. 2017 AMOUNT: $ 606,769. 2018 AMOUNT: $ 593,557. 2019 AMOUNT: $ 600,054. BARBER BEAUTY REVENUE - 2015 AMOUNT: $ 92,612. 2016 AMOUNT: $ 99,398. 2017 AMOUNT: $ 83,770. 2018 AMOUNT: $ 76,684. 2019 AMOUNT: $ 75,514. MAINTENANCE REVENUE - 2015 AMOUNT: $ 18,340. 2016 AMOUNT: $ 12,186. 2017 AMOUNT: $ 21,265. 2018 AMOUNT: $ 478,694. 2019 AMOUNT: $ 15,948. ALL OTHER REVENUE - 2015 AMOUNT: $ 158,020. 2016 AMOUNT: $ 129,141. 2017 AMOUNT: $ 6,755. 2018 AMOUNT: $ 18,674. 2019 AMOUNT: $ 23,640. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1385 1385 0 PART II-B, LINE 1: JENNER'S POND PAYS MEMBERSHIP DUES TO LEADINGAGE PA, A PORTION OF WHICH IS USED FOR LOBBYING PURPOSES. 2365016 2365016 92909070 49940943 42968127 10585191 3849995 6735196 5199636 8940256 -3740620 48327719 DEFERRED COSTS 48174 DUE FROM AFFILIATES 5658051 5706225 DEPOSITS 176350 REFUNDABLE ADVANCE FEE LIABILITY 49307531 SWAP AGREEMENTS 665828 50149709 26017506 1516423 -752679 763744 25253762 -39525 -39525 25214237 26581612 39525 39525 26542087 0 26542087 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS -752,679. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -19,200. FUNDRAISING EXPENSES -20,325. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 19,200. FUNDRAISING EXPENSES 20,325. GALA 92343 70231 22112 15015 1000 4310 92343 70231 22112 15015 1000 4310 20325 1787 0 1 0 0 0 0 0 0 0 KIM W WILLIAMS PRESIDENT/CEO 0 343898 0 69220 0 8700 0 0 0 21876 0 443694 0 0 MARK AGUILAR CHIEF FINANCIAL OFFICER 0 247537 0 11175 0 0 0 0 0 27884 0 286596 0 0 DOUG FLASHER CHIEF OPERATING OFFICER 0 215989 0 0 0 0 0 0 0 8947 0 224936 0 0 BONNIE CHANDLER CORPORATE CONTROLLER 0 141008 0 0 0 0 0 0 0 10096 0 151104 0 0 BARBARA CROYLE EXECUTIVE DIRECTOR 149083 0 0 0 0 0 21640 0 1322 0 172045 0 0 0 PART I, LINE 3 SIMPSON SENIOR SERVICES, A RELATED ORGANIZATION, USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO/EXECUTIVE DIRECTOR: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B THE PRESIDENT/CEO PARTICIPATES IN A 457(F) DEFERRED COMPENSATION/RETIREMENT PLAN. DURING 2019, THERE WERE NO CONTRIBUTIONS TO/DISTRIBUTIONS FROM THE PLAN. A CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUTHORITY 232265260 166579EW9 2015-12-23 40370756 SEE PART VI 0 0 0 B CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUTHORITY 232265260 165579GQ0 2019-12-30 5337848 SEE PART VI 0 0 0 A 3040454 40370756 800069 268147 37727315 2015 1 0 1 1 B 5337848 114364 5223484 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 1 CITIZENS BANK 6.000000000000 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 SCHEDULE K, PART I, BOND ISSUES: BOND A (A) ISSUER NAME: CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: REFUNDING OF OUTSTANDING GENERAL OBLIGATION BONDS OF 2010, ISSUANCE COSTS, AND CAPITAL PROJECTS. BOND B (A) ISSUER NAME: CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUTHORITY (F) DESCRIPTION OF PURPOSE: ESTABLISHING A DEBT SERVICE RESERVE FUND, PAYMENT OF ISSUANCE COSTS, AND FUNDING CAPITAL PROJECTS INCLUDING THE REFURBISHMENT OF INDEPENDENT LIVING UNITS. SCHEDULE K, PART I, BOND ISSUES: THE SERIES 2019 BOND WAS ISSUED TO THE OBLIGATED GROUP AND REPORTED ON EACH ENTITY'S APPLICABLE FORM 990 SCHEDULE K WITH THE FOLLOWING ISSUANCE PRICES: SIMPSON HOUSE (EIN 23-1352227) - $25,648,182 SIMPSON MEADOWS (EIN 23-2948992) - $255,022 JENNER'S POND (EIN 23-1548106) - $5,337,848 TOTAL ISSUANCE - $31,241,052 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE CORPORATE MEMBER OF THE CORPORATION SHALL BE SIMPSON SENIOR SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER SHALL HAVE RESERVED POWERS TO APPOINT AND REMOVE ALL MEMBERS OF THE BOARD OF DIRECTORS AT ANY TIME. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER SHALL HAVE RESERVED POWERS TO APPOINT AND REMOVE ALL MEMBERS OF THE BOARD OF DIRECTORS AT ANY TIME, TO APPROVE ANY AMENDMENT TO THE ARTICLES OF INCORPORATION OR BY-LAWS, TO APPROVE THE ANNUAL BUDGETS, TO APPROVE ANY SALE, LEASE, OR TRANSFER OF ASSETS, TO APPROVE INDEBTEDNESS GREATER THAN $50,000, AND TO APPROVE ANY MERGER, CONSOLIDATION, OR DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO. ONCE APPROVED, THE FORM 990 IS SENT TO THE PRESIDENT/CEO FOR REVIEW AND APPROVAL. THE PRESIDENT/CEO WILL THEN FORWARD A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND MEMBERS OF THE BOARD ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. ALL SIGNIFICANT NEW CONTRACTS ARE SUBJECT TO BOARD APPROVAL. ONGOING CONTRACTS ARE REVIEWED FOR ANY KNOWN POTENTIAL CONFLICT OF INTEREST. CONFLICTS OF INTEREST ARE REVIEWED AT THE BOARD LEVEL. ANY INDIVIDUAL WITH A CONFLICT OF INTEREST MUST ABSTAIN FROM BOARD DISCUSSIONS AND DECISIONS WHERE ANY CONFLICT WOULD BE PRESENT. ON AN ANNUAL BASIS ALL DIRECTORS AND OFFICERS SIGN OFF ON A CONFLICT OF INTEREST STATEMENT AFFIRMING THAT THEY HAVE RECEIVED, UNDERSTAND, AND COMPLY WITH THE CONFLICT OF INTEREST POLICY. THEY MUST ALSO DISCLOSE ANY POTENTIAL CONFLICTS WITH SIMPSON RELATED TO FINANCIAL INTERESTS, TRANSACTIONS, OR RELATIONSHIPS (BUSINESS OR FAMILY AFFILIATES). FORM 990, PART VI, SECTION B, LINE 15 A SUB-COMMITTEE OF THE BOARD OF DIRECTORS OF SIMPSON SENIOR SERVICES (SSS), A RELATED ORGANIZATION, WHICH IS APPOINTED BY THE BOARD CHAIR OF SSS HAS THE SPECIFIC DUTY OF ANNUALLY EVALUATING THE PERFORMANCE OF THE PRESIDENT/CEO OF THE ORGANIZATION, INCLUDING DETERMINING HIS ANNUAL COMPENSATION. A COMPETENT SALARY SURVEY IS USED TO BENCHMARK COMPENSATION FOR THE POSITION UTILIZING LEADING AGE PA, LEADING AGE NATIONAL, AND CEMO SALARY SURVEYS AND OTHER STUDIES. IN ADDITION, THE GUIDE STAR WEBSITE IS UTILIZED TO RESEARCH THE SALARY OF SIMILAR POSITIONS AT SIMILAR SIZED ORGANIZATIONS IN THE LOCAL MARKET AREA. THE CFO, COO, AND THE EXECUTIVE DIRECTORS' SALARIES OF EACH COMMUNITY ARE DETERMINED BY THE PRESIDENT/CEO OF SSS ON AN ANNUAL BASIS. THE PRESIDENT/CEO REVIEWS THE ANNUAL PERFORMANCE OF THESE INDIVIDUALS RELATIVE TO THEIR POSITION DESCRIPTIONS. THE OPERATING BUDGETS, INCLUDING SALARY INCREASES, OF EACH COMMUNITY ARE PRESENTED TO THE BOARD FOR THEIR APPROVAL ON AN ANNUAL BASIS. 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. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS -752,679. SMARTER SERVICES LLC 2000 GREENBRIAR LANE WEST GROVE PA 19390 272528578 TO PROVIDE HOME AND COMMUNITY BASED SERVICES TO INDIVIDUALS IN ITS PRIMARY PA 0 19510 JENNER'S POND INC SIMPSON SENIOR SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948991 MANAGES AFFILIATES THAT PROVIDE RESIDENCE AND HEALTHCARE TO THE ELDERLY PA 501(C)(3) LINE 12C, III-FI N/A 0 SIMPSON HOUSE INC 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 231352227 CONTINUING CARE RETIREMENT COMMUNITY PA 501(C)(3) LINE 10 SIMPSON SENIOR SERVICES 0 SIMPSON MEADOWS 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948992 CONTINUING CARE RETIREMENT COMMUNITY PA 501(C)(3) LINE 10 SIMPSON SENIOR SERVICES 0 THIRD CENTURY SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948457 PROVIDE MAINTENANCE AND OPERATIONAL SUPPORT TO CCRC AFFILIATES PA 501(C)(3) LINE 12B, II SIMPSON SENIOR SERVICES 0 SIMPSON GLEN 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232960640 CONTINUING CARE RETIREMENT COMMUNITY PA 501(C)(3) LINE 10 SIMPSON SENIOR SERVICES 0 SIMPSON MID-TOWN 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 233089337 PROVIDES HOUSING FOR ELDERLY AND LOW INCOME RESIDENTS PA 501(C)(3) LINE 10 SIMPSON SENIOR SERVICES 0 SIMPSON HOUSE FOUNDATION 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232320545 RECEIVE AND ADMINISTER FUNDS FOR THE CHARITABLE WORKS OF AFFILIATES PA 501(C)(3) LINE 12B, II SIMPSON SENIOR SERVICES 0 NARBERTH ADULT DAY CARE SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948458 PROVIDE ADULT DAY CARE AND HEALTHCARE TO THE ELDERLY PA 501(C)(3) PF SIMPSON SENIOR SERVICES 0 SIMPSON FOUNDATION 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 454731794 CHARITABLE, LITERARY, SCIENTIFIC, RELIGIOUS & EDUCATION FOR ELDERLY PA 501(C)(3) LINE 10 SIMPSON SENIOR SERVICES 0 SIMPSON GARDENS LP 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 412069202 ECONOMIC DEVELOPMENT OF LOW INCOME HOUSING PA N/A SIMPSON SENIOR HOUSING II LP 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 833278445 ECONOMIC DEVELOPMENT OF LOW INCOME HOUSING PA N/A SIMPSON GARDENS HOUSING CORP 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 412069201 ECONOMIC DEVELOPMENT OF LOW INCOME HOUSING PA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0