2020-11-12T07:54:29-06:00 2019-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2019-01-01 232948992 SIMPSON MEADOWS SIMP 6106600112 150 MONUMENT ROAD NO 105 BALA CYNWYD PA 19004 MARK AGUILAR CFO 6106600112 2020-11-11 1 KERRI N BOGDA CPA P00760402 7177404863 173.184.107.124 2020-11-11 10:59:13 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D55C9BF7EA9CC92FF5CD8A3B56631CEAE08BA54E 2019 2021-01-29 14:40:06Z CAROL MCKINLEY 150 MONUMENT ROAD NO 105 BALA CYNWYD PA 19004 9424653 0 X WWW.SIMPSONMEADOWS.ORG X 1998 PA TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY. 5 4 113 40 0 0 44130 42231 6328916 6771723 129594 405214 158931 114376 6661571 7333544 0 0 0 0 2600084 2570856 0 0 0 3919771 4491075 6519855 7061931 141716 271613 14203738 15485455 18644471 19478559 -4440733 -3993104 X SIMPSON MEADOWS 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 5759417 6771723 EXPENSES INCURRED PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF 94 INDEPENDENT LIVING UNITS AND 54 PERSONAL CARE SUITES, 18 OF WHICH ARE DEDICATED TO DEMENTIA CARE. SIMPSON MEADOWS' OPERATIONS ARE LOCATED IN THE TOWNSHIP OF EAST CALN, CHESTER COUNTY, PA. ITS PRIMARY SERVICE AREA INCLUDES CHESTER COUNTY AND SURROUNDING COMMUNITIES. 5759417 1 0 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 0 1 0 0 0 1 10 0 113 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 4 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 6106600112 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 KATHLEEN ARDENKANI EXECUTIVE DIRECTOR 40.00 X 121943 0 38007 CATHERINE BARBALACE SALES COUNSELOR 40.00 X 109847 0 11788 REV JAMES D ANDERMAN CHAIR 1.00 5.00 X X 0 0 0 MICHELLE GOLLAPALLI VICE CHAIR 1.00 5.00 X X 0 0 0 BRAD DAGGERT SECRETARY 1.00 5.00 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 (UNTILL 11/2019) 1.00 5.00 X X 0 0 0 RONALD K DANKANICH SECRETARY (UNTIL 11/2019) 1.00 5.00 X X 0 0 0 GERALD I MAGID TREASURER (UNTIL 11/2019) 1.00 5.00 X X 0 0 0 231790 1037527 118598 2 0 1 0 UNIDINE CORPORATION PO BOX 102289 ATLANTA GA 303682289 DIETARY SERVICES 1170843 SIMPSON SENIOR SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 MANAGEMENT SERVICES 784791 ABRIOLA COMPANY 1013 PLEASANT AVE WYNDMOOR PA 19038 BUILDING CONTRACTOR SERVICES 401624 ENGI RESOURCES 2767 ASHLEIGH LANE ALPHARETTA GA 30004 COMMERCIAL CLEANING SERVICES 132638 4 26879 15352 42231 NET RESIDENT SERVICES 623000 6526390 6526390 AMORT OF ENTRANCE FEES 623000 245333 245333 6771723 50923 50923 8749 8749 0 2423962 2069671 354291 354291 354291 5400 26879 12689 -7289 -7289 FOOD SERVICE REVENUE 623000 76554 76554 BARBER/BEAUTY REVENUE 623000 33049 33049 MAINTENANCE REVENUE 623000 7470 7470 4592 4592 121665 7333544 6771723 0 519590 283632 283632 1854078 1542892 311186 21611 14799 6812 188290 149780 38510 223245 197935 25310 938297 521397 416900 17309 17309 378 378 208 208 173973 110986 62987 120092 120092 100576 65309 35267 89024 2250 86774 463099 463099 23326 19028 4298 17592 15744 1848 270303 270303 876553 876553 134948 4368 130580 OUTSIDE SERVICES LABOR 529546 529546 FOOD/NUTRITION 351918 351918 REPAIRS & MAINTENANCE 108245 108245 MEDICAL SUPPLIES 52166 52166 223522 179467 44055 7061931 5759417 1302514 0 803692 962223 52249 25725 96406 97475 22660044 13879591 9040584 8780453 3825245 2933987 385562 2685592 14203738 15485455 324628 429592 11278528 11782071 6631080 6754023 410235 512873 18644471 19478559 X -5171946 -5309639 731213 1316535 -4440733 -3993104 14203738 15485455 X 271613 313352 -137336 X 0 0 0 X 177078 625 39470 44130 42231 303534 5446180 5408351 6055185 6328916 6771723 30010355 5623258 5408976 6094655 6373046 6813954 30313889 0 481873 481873 481873 481873 29832016 112267 153077 100193 96874 59672 522083 112267 153077 100193 96874 59672 522083 136700 111378 120337 155916 121665 645996 5872225 5673431 6315185 6625836 6995291 31481968 0.94760 0.92550 0.01660 0.01830 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: FOOD SERVICE REVENUE - 2015 AMOUNT: $ 73,822. 2016 AMOUNT: $ 61,644. 2017 AMOUNT: $ 65,922. 2018 AMOUNT: $ 75,282. 2019 AMOUNT: $ 76,554. BARBER BEAUTY REVENUE - 2015 AMOUNT: $ 34,073. 2016 AMOUNT: $ 36,572. 2017 AMOUNT: $ 38,054. 2018 AMOUNT: $ 32,610. 2019 AMOUNT: $ 33,049. MAINTENANCE REVENUE - 2015 AMOUNT: $ 9,302. 2016 AMOUNT: $ 8,183. 2017 AMOUNT: $ 8,142. 2018 AMOUNT: $ 10,890. 2019 AMOUNT: $ 7,470. ALL OTHER REVENUE - 2015 AMOUNT: $ 19,503. 2016 AMOUNT: $ 4,979. 2017 AMOUNT: $ 8,219. 2018 AMOUNT: $ 37,134. 2019 AMOUNT: $ 4,592. 0 0 0 0 0 0 0 0 1 378 378 0 PART II-B, LINE 1: SIMPSON MEADOWS PAYS MEMBERSHIP DUES TO LEADINGAGE PA, A PORTION OF WHICH IS USED FOR LOBBYING PURPOSES. 599166 599166 18957804 11236583 7721221 2846206 2456121 390085 256868 186887 69981 8780453 DUE FROM AFFILIATES 2557846 DEFERRED ISSUANCE COSTS 127746 2685592 ANNUITIES PAYABLE 3232 DEPOSITS 402666 INTEREST SWAP AGREEMENTS 106975 512873 7479559 313352 -188775 124577 7354982 -21438 -21438 7333544 7031930 21438 21438 7010492 51439 51439 7061931 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT -120,929. NET ASSET TRANSFER TO AFFILIATE -16,407. EXPENSE NETTED AGAINST REVENUES ON FINANCIALS -51,439. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -8,749. FUNDRAISING EXPENSES -12,689. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 8,749. FUNDRAISING EXPENSES 12,689. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSE NETTED AGAINST REVENUES ON FINANCIALS 51,439. FUNDRAISING DINNER 32279 26879 5400 7754 1975 2960 32279 26879 5400 7754 1975 2960 12689 -7289 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 KATHLEEN ARDENKANI EXECUTIVE DIRECTOR 121943 0 0 0 0 0 10132 0 27875 0 159950 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 7019577 SEE PART VI 0 0 0 B CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUTHORITY 232265260 165579GQ0 2019-12-30 255022 SEE PART VI 0 0 0 A 517804 7019577 133345 558942 6074169 2015 1 0 1 1 B 255022 5398 249624 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 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 FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT -120,929. NET ASSET TRANSFER TO AFFILIATE -16,407. 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 JENNER'S POND INC 2000 GREENBRIAR LANE WEST GROVE PA 19390 231548106 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 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