2019-05-14T13:10:15-05:00 2018-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 221 W PHILADELPHIA STREET SUITE 200 YORK PA 17401 990 2017-07-01 521197548 ROLAND PARK PLACE INC ROLA 4102436815 830 WEST 40TH STREET BALTIMORE MD 212112134 KEITH T SPILLANE VICE PRESIDENT OF FINANCE 4102436815 2019-05-13 1 KERRI N BOGDA P00760402 7178467000 96.89.178.186 2019-05-13 15:55:16 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 34CDD26EA689694F2AB7BB3383C669CD08D35215 2017 2019-02-21 02:37:17Z TERRY SNYDER 830 WEST 40TH STREET BALTIMORE MD 212112134 38906485 0 X WWW.ROLANDPARKPLACE.ORG X 1980 MD RETIREMENT COMMUNITY THAT OFFERS INDEPENDENT LIVING, ASSISTED LIVING, AND SKILLED NURSING SERVICES. 17 16 331 20 0 33490 161878 64687 19992548 19728736 627685 3465612 204170 224253 20986281 23483288 4258 2983 0 0 10517325 10741499 0 0 91540 9043514 9837151 19565097 20581633 1421184 2901655 65578451 78304984 64819940 77739181 758511 565803 X YOUR PLEASURE IN RETIREMENT - OUR AIM; YOUR PERSONAL WELL-BEING - OUR FOCUS; YOUR INTERESTS ENHANCED - OUR PLEDGE: THESE ARE THE MISSIONS OF ROLAND PARK PLACE, A CONTINUING CARE RETIREMENT COMMUNITY IN THE CITY OF BALTIMORE. 0 0 10502798 2983 12771349 INDEPENDENT LIVING - INDEPENDENT LIVING IS FOR THOSE IN THE COMMUNITY WHO ENJOY A FULLY FUNCTIONING, INDEPENDENT LIFESTYLE. ON-SITE WELLNESS OPTIONS INCLUDE A STATE-OF-THE-ART, STAFFED FITNESS CENTER AND POOL. INDIVIDUAL AND GROUP INSTRUCTION IS OFFERED. AN ON-SITE MEDICAL CLINIC IS STAFFED WITH NURSES, NURSE PRACTITIONERS, AND PHYSICIANS. CERTAIN ASSISTANCE IS PERMITTED IN THE APARTMENTS FOR THOSE WHOSE NEEDS REQUIRE ADDITIONAL SERVICES. THE COMMUNITY HAS 156 INDEPENDENT LIVING UNITS WITH AN ESTIMATED ANNUAL 63,129 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 181 RESIDENTS. 1705384 0 2073424 ASSISTED LIVING - RESIDENTIAL CARE, AN ASSISTED LIVING-LEVEL OF SERVICE, OFFERS A TRANSITION BETWEEN INDEPENDENT LIVING AND THE HEALTH CARE CENTER. FOR RESIDENTS WITH TEMPORARY OR PERMANENT PHYSICAL OR COGNITIVE CHALLENGES WHO ARE STILL SAFE AND COMFORTABLE WITH AN AUTONOMOUS LIFESTYLE, RESIDENTIAL CARE CAN OFFER JUST ENOUGH SUPPORT AND SAFETY WITHOUT TOO MUCH INTERVENTION. THE COMMUNITY OFFERS 29 APARTMENTS FOR RESIDENTS WITH AN ESTIMATED ANNUAL 9,580 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 28 RESIDENTS. 4009235 0 4883963 NURSING CARE - THE HEALTH CARE CENTER PROVIDES BOTH LONG-TERM CARE AND SHORT-TERM REHABILITATION STAYS FOR RESIDENTS. THIS LEVEL OF RESIDENCY IS A COMPONENT OF ROLAND PARK PLACE'S "CONTINUING CARE" SERVICES. ON-SITE PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH AND AQUATIC THERAPY ARE OFFERED IN THE HEALTH CARE CENTER TO RESIDENTS WHO MAY NEED TO REGAIN THEIR STRENGTH AFTER A JOINT REPLACEMENT, A SURGERY OR OTHER HOSPITALIZATION. THE HEALTH CARE CENTER HAS 56 PRIVATE ROOMS FOR NURSING CARE, LICENSED AS COMPREHENSIVE CARE, AND HAS AN ANNUAL ESTIMATED 19,046 CENSUS DAYS. AVERAGE OCCUPANCY FOR THE FISCAL YEAR WAS 39 PERMANENT AND TEMPORARY RESIDENTS AND 8 PER DIEM RESIDENTS. 0 0 0 A GENEROSITY OF SPIRIT AND TALENT DEFINES THE PEOPLE WHO CONTRIBUTE TO THE VIBRANCY OF ROLAND PARK PLACE AND OVER THE YEARS, OUR COMMITMENT AND PASSION TO COMMUNITY SERVICE HAS STRENGTHENED OUR TIES TO CITIZENS AND ESTABLISHED OUR PLACE IN THE NEIGHBORHOOD AS A SUPPORTIVE, CARING AND VALUED ALLY. WE NOT ONLY EMBRACE THE IDEA OF DIFFERENT NEIGHBORS, CIVIC GROUPS, BUSINESSES AND CITIZENS WORKING TOGETHER FOR THE BETTERMENT OF OUR COMMUNITY, WE ADVOCATE FOR IT. AS A NOT-FOR-PROFIT ORGANIZATION CHAMPIONING TEAMWORK, POSITIVE CHANGE AND CIVIC EMPOWERMENT, THE ROLAND PARK PLACE BOARD OF DIRECTORS APPOINTED A COMMUNITY INVOLVEMENT COMMITTEE (CIC) TO FURTHER STRENGTHEN OUR POSITION AS A RESPECTED PARTNER IN THE COMMUNITY AND REINFORCE OUR COMMITMENT TO PARTNERSHIPS AND SERVICE. OUR PHILOSOPHY INCLUDES A COMMITMENT TO SERVE AS A RESOURCE AND PROVIDER OF SERVICE TO THE GREATER BALTIMORE CITY COMMUNITY AND WE ACTIVELY SEEK OPPORTUNITIES TO ASSIST OUR SURROUNDING NEIGHBORS. RECENT EXAMPLES OF CIC COMMUNITY SERVICE IN THE CITY OF BALTIMORE INCLUDE: SERVING BREAKFAST TO HOMELESS AND NEEDY CITIZENS AT MANNA HOUSE ON 25TH AVENUE; MAKING AND DISTRIBUTING MEALS FOR THE HOMELESS THROUGH THE SALVATION ARMY, PROVIDING AND SORTING HOLIDAY GIFTS AND CLOTHING FOR THE SALVATION ARMY'S "ELF NIGHT" FOR THE WINTER HOLIDAYS; AND COLLABORATING AT EVENTS OF THE 29TH STREET COMMUNITY CENTER. 0 0 0 16217417 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 55 1 1 331 1 1 1 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X JAMIE UJVARI CONTROLLER 4102437353 830 WEST 40TH STREET BALTIMORE MD 212112134 CAMPBELL KILLEFER CHAIR 0.90 0.10 X X 0 0 0 LESLIE R SIMMONS VICE-CHAIR 0.90 0.10 X X 0 0 0 JOSEPH B SMITH JR SECRETARY 0.90 0.10 X X 0 0 0 HUGH L ROBINSON II BOARD MEMBER 0.90 0.10 X X 0 0 0 TERESA D SNYDER PRESIDENT 39.70 0.30 X X 215000 0 9230 CHRISTOPHER D KEARNEY MD MEMBER AT LARGE (TERM EXP. 2/2018) 0.90 0.10 X 0 0 0 GERRITT BLAUVELT BOARD MEMBER 0.90 0.10 X 0 0 0 DR LUCY HOLMAN BOARD MEMBER 0.90 0.10 X 0 0 0 DANIEL S HUDSON BOARD MEMBER (TERM EXP. 2/2018) 0.90 0.10 X 0 0 0 KAYLIN KOPCHO BOARD MEMBER 0.90 0.10 X 0 0 0 DONALD A MCCONNELL TREASURER 0.90 0.10 X X 0 0 0 JENNIFER STARFALL PEEPLES BOARD MEMBER 0.90 0.10 X 0 0 0 HON MARY ELLEN RINEHARDT BOARD MEMBER 0.90 0.10 X 0 0 0 NORMAN A SENSINGER BOARD MEMBER (TERM EXP. 2/2018) 0.90 0.10 X 0 0 0 LYNNE CAMPBELL YOUNG MEMBER AT LARGE 0.90 0.10 X 0 0 0 DR GEORGE HENNAWI BOARD MEMBER 0.90 0.10 X 0 0 0 TED MILLSPAUGH BOARD MEMBER 0.90 0.10 X 0 0 0 CATHY NEUMAN BOARD MEMBER 0.90 0.10 X 0 0 0 NEB SERTSU BOARD MEMBER 0.90 0.10 X 0 0 0 RAYMOND D SWEET BOARD MEMBER 0.90 0.10 X 0 0 0 KEITH T SPILLANE VICE PRESIDENT, FINANCE 39.70 0.30 X 167904 0 20883 ELIZABETH SIMANGO NURSE 56.80 X 115029 0 10106 JENNIFER LEE LABUTE VP, HEALTH SERVICES 40.00 X 136388 0 13192 CARLA A GOODMAN DIRECTOR OF FACILITIES 40.00 X 107763 0 4311 REBECCA BEES DIRECTOR OF MARKETING 40.00 X 122824 0 18133 REGINALD STEPHENS DIRECTOR OF DINING 40.00 X 104904 0 12904 969812 0 88759 7 0 1 0 CARDER CONSTRUCTION CO INC 2904 DUNLEER ROAD BALTIMORE MD 21222 CONSTRUCTION SVCS 930522 GENESIS ELDERCARE REHAB PO BOX 821211 PHILADELPHIA PA 19182 THERAPY SERVICES 486507 INTERIOR DESIGN ASSOCIATES INC 618 CHURCH STREET NASHVILLE TN 37219 DESIGN CONSULTANTS 409090 ADMIRAL SECURITY SERVICES PO BOX 79776 BALTIMORE MD 21279 SECURITY SERVICES 294899 22 64687 64687 MONTHLY SERVICE FEES 623000 11476995 11476995 HEALTH CARE CENTER FEES 623000 4510470 4510470 EARNED ENTRANCE FEES 623000 3741271 3741271 19728736 733416 733416 34064 4089 29975 29975 29975 18099616 9200 14920411 456209 3179205 -447009 2732196 2732196 47809 42488 5321 5321 FOOD SERVICES 623000 65282 65282 BEAUTY/BARBER SHOP INCOME 623000 46227 46227 HOUSEKEEPING REVENUE 623000 44951 44951 32497 32497 188957 23483288 19728736 0 3689865 X 2983 2983 414228 414228 8063302 6749545 1254420 59337 197969 158198 38380 1391 1406464 1072128 323133 11203 659536 504964 150009 4563 86503 86503 69396 69396 506 506 93724 93724 2539497 1837509 699988 2000 76162 75721 441 1080684 826745 241334 12605 8363 8363 1372729 1369536 3193 133659 57209 76450 307207 307207 1777033 1777033 174837 174837 FOOD & BEVERAGE 1234554 1234554 BAD DEBT EXPENSE 630000 630000 MEDICAL EXPENSE 136606 136606 EMPLOYEE RECRUITING 34097 34097 81594 81594 20581633 16217417 4272676 91540 19692 115136 1726412 4058704 1399118 1127656 100356 97693 230941 244839 75953970 36721037 30112064 39232933 28533968 29764450 3455900 3663573 65578451 78304984 2851264 4087110 43795018 47169367 15613220 24772208 2560438 1710496 64819940 77739181 X -2806185 -2918975 3564696 3484778 758511 565803 65578451 78304984 X 2901655 -756312 -3279362 941311 X 0 1 X 1 0 X 36503 51855 33504 161878 64687 348427 17154670 18692403 19042958 19992548 19728736 94611315 147917 261544 221587 173564 156460 961072 17339090 19005802 19298049 20327990 19949883 95920814 0 0 0 95920814 418675 432507 558365 623151 767480 2800178 418675 432507 558365 623151 767480 2800178 1720 8903 91838 82763 80306 265530 17759485 19447212 19948252 21033904 20797669 98986522 0.96900 0.97210 0.02830 0.02550 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: GIFT SHOP GROSS RECEIPTS - 2015 AMOUNT: $ 86,265. 2016 AMOUNT: $ 73,738. 2017 AMOUNT: $ 47,809. MISC INCOME - 2013 AMOUNT: $ 1,720. 2014 AMOUNT: $ 8,903. 2015 AMOUNT: $ 5,573. 2016 AMOUNT: $ 9,025. 2017 AMOUNT: $ 32,497. 0 0 0 0 0 0 0 0 1 506 506 0 PART II-B, LINE 1: ROLAND PARK PLACE IS A MEMBER OF LEADING AGE WHICH IS AN ORGANIZATION FOR SENIOR SERVICES PROVIDERS AND ASSOCIATES. A PORTION OF ANNUAL DUES IS ALLOCATED TO LOBBYING ACTIVITIES. 2261977 184307 303348 2142936 1955635 100197 207040 895 2261977 1941002 17714 2298 783 1955635 1878908 100 63324 500 830 1941002 1643009 1000 236219 500 820 1878908 0.00000 0.00000 1.00000 0 0 1013032 1013032 51252105 33870731 17381374 5167645 2850306 2317339 18521188 18521188 39232933 DEPOSITS 243510 CHARITABLE GIFT ANNUITIES 28446 INTEREST RATE SWAP 237048 ENTRANCE FEE REFUNDS 1201492 1710496 24327898 -756312 1098136 341824 23986074 -502786 -502786 23483288 21241244 870558 870558 20370686 210947 210947 20581633 PART V, LINE 4: ALL ENDOWMENT FUNDS ARE TEMPORARILY RESTRICTED AND PRIMARILY USED FOR RESIDENT ASSISTANCE. PART XI, LINE 2D - OTHER ADJUSTMENTS: SUBSIDIARY REVENUE 156,825. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 941,311. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -4,089. COST OF GOODS SOLD -42,488. LOSS ON ASSET DISPOSAL -456,209. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES RECORDED FOR SUBSIDIARY 367,772. RENTAL EXPENSES 4,089. COST OF GOODS SOLD 42,488. LOSS ON ASSET DISPOSAL 456,209. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONSOLIDATING ADJUSTMENT 210,947. X X X X 0 0 0 0 0 0 0 1 0 TERESA D SNYDER PRESIDENT 205000 0 10000 0 0 0 8600 0 630 0 224230 0 0 0 KEITH T SPILLANE VICE PRESIDENT, FINANCE 165904 0 2000 0 0 0 6716 0 14167 0 188787 0 0 0 PART I, LINE 7 OFFICERS OF THE ORGANIZATION ARE ABLE TO EARN A NON-FIXED PAYMENT IN THE FORM OF A BONUS. BONUSES ARE DETERMINED ON A YEARLY BASIS AND ARE BASED OFF OF THE INDIVIDUAL'S PERFORMANCE FROM THE PREVIOUS YEAR. A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2013-04-10 3698921 REFUNDING OF TAX EXEMPT BONDS 0 0 0 B MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2013-04-10 16267079 REFUNDING OF TAX EXEMPT BONDS 0 0 0 C MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 2017-03-02 30000000 BUILDING 0 0 0 A 1652068 3698921 3698921 2001 1 0 1 1 B 7043028 16267079 16267079 1983 1 0 1 1 C 30000000 169131 470715 13526478 15833676 2019 0 0 0 1 A 0 1 1 1 0 0.00690 0.00000 0.00690 0 0 1 B 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 1 1 1 0 0.64000 0.00000 0.64000 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 0 1 1 0 0 0 1 C 0 1 0 0 1 1 THE COLUMBIA BANK 12.000000000000 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/11/2017 ISSUER NAME: MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/11/2017 SCHEDULE K, PART III, LINE 4 AND 5: THE ORGANIZATION MAY HAVE SMALL AMOUNTS OF PRIVATE BUSINESS USE RELATED TO MANAGEMENT CONTRACTS AND/OR LEASE ARRANGEMENTS BUT THE AMOUNTS ARE MINIMAL AND HARD TO ESTIMATE. THE TOTAL IS FAR LESS THAN THE 5% THRESHOLD. THE ORGANIZATION IS PRUDENT IN ITS USE OF DEBT-FINANCED PROPERTY AND MONITORS USE OF ITS DEBT-FINANCED PROPERTY CLOSELY AND CAREFULLY. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MAY ACT ON BEHALF OF THE BOARD WHEN THE BOARD IS NOT IN SESSION. FORM 990, PART VI, SECTION B, LINE 11B INITIAL REVIEW OF THE FORM 990 IS PERFORMED INTERNALLY BY THE VP OF FINANCE AND THE CONTROLLER. THE BOARD OF DIRECTORS IS THEN PROVIDED A COPY OF THE FORM 990 FOR REVIEW BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, OFFICER, AND EMPLOYEE ANNUALLY SIGNS AN INDIVIDUAL DISCLOSURE STATEMENT. THE STATEMENT EXPRESSLY ASKS IF THE SIGNER HAS ANY FAMILY OR BUSINESS RELATIONSHIPS THAT MAY BE CONSTRUED AS A CONFLICT. THE STATEMENT REQUIRES ALL BOARD MEMBERS, OFFICERS, AND EMPLOYEES TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST TRANSACTIONS THAT NEED TO BE REVIEWED BY THE BOARD. IF THERE IS A CONFLICT OF INTEREST THEN THE BOARD MEMBER WILL NOT PARTICIPATE IN ANY VOTE REGARDING SUCH TRANSACTIONS AND THE ABSTENTION FROM VOTING SHALL BE INDIVIDUALLY RECORDED IN THE OFFICIAL BOARD OR COMMITTEE MEETING MINUTES. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE PRESIDENT IS RECOMMENDED AND DOCUMENTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. EXECUTIVE COMPENSATION IS APPROVED BY THE FULL BOARD IN CLOSED SESSION. COMPARATIVE DATA IS USED TO ENSURE THAT ALL COMPENSATION DECISIONS REFLECT FAIR MARKET RANGE FOR THE INDUSTRY. THE PRESIDENT DETERMINES COMPENSATION FOR OTHER KEY EMPLOYEES SUCH AS THE VP OF FINANCE BY UTILIZING INDUSTRY-SOURCED DATA TO ENSURE A COMPENSATION PACKAGE WITHIN FAIR MARKET RANGE BY POSITION. MOST EMPLOYEES ARE SUBJECT TO A LIMITED RANGE OF ANNUAL INCREASE WHICH APPLIES TO ALL EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 ROLAND PARK PLACE, INC. MAKES ALL DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTUAL EXPENSES: PROGRAM SERVICE EXPENSES 196,569. MANAGEMENT AND GENERAL EXPENSES 2,500. FUNDRAISING EXPENSES 2,000. TOTAL EXPENSES 201,069. PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 78,858. MANAGEMENT AND GENERAL EXPENSES 529,452. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 608,310. SECURITY CONTRACT: PROGRAM SERVICE EXPENSES 350,910. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 350,910. CONSULTANTS: PROGRAM SERVICE EXPENSES 38,162. MANAGEMENT AND GENERAL EXPENSES 46,252. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 84,414. MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 754,078. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 754,078. OTHER FEES: PROGRAM SERVICE EXPENSES 34,398. MANAGEMENT AND GENERAL EXPENSES 58,874. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,272. PASTORAL CARE SERVICES: PROGRAM SERVICE EXPENSES 14,298. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 14,298. EQUIPMENT MAINTENANCE CONTRACTS: PROGRAM SERVICE EXPENSES 235,537. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 235,537. BEAUTY SHOP FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 52,410. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 52,410. AGENCY HELP: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,500. AGENCY NURSES: PROGRAM SERVICE EXPENSES 134,699. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 134,699. FORM 990, PART XI, LINE 9: CHANGE IN FV OF INTEREST RATE SWAP 941,311. ROLAND PARK PLACE HEALTH CARE CORPORATION 830 WEST 40TH STREET BALTIMORE MD 21211 521387032 TO PROVIDE AMBULATORY AND OTHER MEDICAL SERVICES TO ROLAND PARK PLACE INC MD 501(C)(3) LINE 10 ROLAND PARK PLACE 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 ROLAND PARK PLACE HEALTH CARE CORPORATION Q 210947 COST ROLAND PARK PLACE HEALTH CARE CORPORATION D 3663573 COST