2018-01-18T08:19:02-06:00 2017-06-30 232108173 RKL LLP PO BOX 8408 LANCASTER PA 176048408 990 2016-07-01 251542218 FOXDALE VILLAGE CORPORATION FOXD 8142383322 500 EAST MARYLYN AVENUE STATE COLLEGE PA 16801 COREY HAMILTON DIRECTOR OF FINANCIAL SERVICES 8142383322 2018-01-10 1 MARK S ZETTLEMOYER CPA P01468750 7173945666 2018-01-10 2016 2022-09-23 18:48:47Z COREY HAMILTON 500 EAST MARYLYN AVENUE STATE COLLEGE PA 16801 41920659 0 X WWW.FOXDALEVILLAGE.ORG X 1986 PA FOXDALE VILLAGE IS A NOT-FOR-PROFIT QUAKER-DIRECTED CONTINUING CARE RETIREMENT COMMUNITY. THROUGH COMMUNITY SERVICES AND PROGRAMS, FOXDALE PROVIDES FOR THE SOCIAL, SPIRITUAL, NUTRITIONAL, RESIDENTIAL, WELLNESS AND HEALTH CARE NEEDS OF OLDER PEOPLE AT A REASONABLE COST WHILE PROVIDING A SUPPORTIVE WORKING ENVIRONMENT FOR EMPLOYEES. OUR COMMUNITY IS BASED ON QUAKER VALUES AND QUAKER CONVICTION THAT ALL PEOPLE ARE TO BE TREATED WITH DIGNITY AND LOVING RESPECT. 14 14 307 100 0 0 170234 198163 19684015 19577985 613674 1968290 117627 63468 20585550 21807906 23203 25915 0 0 8823832 9428392 0 0 21811 10066480 10282930 18913515 19737237 1672035 2070669 89624991 90399268 72676936 69958170 16948055 20441098 X FOXDALE VILLAGE IS A NOT-FOR-PROFIT QUAKER-DIRECTED CONTINUING CARE RETIREMENT COMMUNITY. THROUGH COMMUNITY SERVICES AND PROGRAMS, FOXDALE PROVIDES FOR THE SOCIAL, SPIRITUAL, NUTRITIONAL, RESIDENTIAL, WELLNESS AND HEALTH CARE NEEDS OF OLDER PEOPLE AT REASONABLE COST WHILE PROVIDING A SUPPORTIVE WORKING ENVIRONMENT FOR EMPLOYEES. OUR COMMUNITY IS BASED ON QUAKER VALUES AND QUAKER CONVICTION THAT ALL PEOPLE ARE TO BE TREATED WITH DIGNITY AND LOVING RESPECT. 0 0 15435678 25915 19577985 FOXDALE VILLAGE HAS BEEN CARING FOR PEOPLE FOR OVER 27 YEARS. OVER THESE YEARS FOXDALE HAS CONTINUED TO ENABLE RESIDENTS TO ENJOY THE HIGHEST LEVELS OF INDEPENDENCE AND WELLNESS POSSIBLE. FOXDALE IS AN INTELLECTUALLY AND SOCIALLY VIBRANT COMMUNITY WHICH RESIDENTS HELP TO SHAPE AND FORM THROUGH THEIR ACTIVE SERVICE ON OVER 50 RESIDENT ASSOCIATION COMMITTEES. FOXDALE PROVIDES A SAFE, SECURE HOME AND HEALTHCARE AS APPROPRIATE TO THE CIRCUMSTANCES OF EACH INDIVIDUAL SERVED. OUR RESIDENTS AND OUR CAMPUS -- IN THE 2017 FISCAL YEAR, FOXDALE SERVED 375 RESIDENTS AND THEIR FAMILIES WHILE EMPLOYING OVER 125 FULL-TIME AND ANOTHER 125 PART TIME/CASUAL STAFF. THE MAJORITY OF FOXDALE RESIDENTS LIVE IN RESIDENTIAL LIVING, IN ON-CAMPUS APARTMENTS AND COTTAGE HOMES, WITH THE PEACE OF MIND THAT PERSONAL CARE AND SKILLED NURSING CARE, INCLUDING MEMORY CARE, ARE AVAILABLE IF NEEDED ON A SHORT-TERM OR PERMANENT BASIS. FOXDALE HAS 205 APARTMENT AND COTTAGE UNITS, 46 LICENSED SKILLED NURSING PRIVATE ROOMS AND 55 PRIVATE PERSONAL CARE ROOMS. STRONG FINANCIAL POSITION -- FROM A FINANCIAL PERSPECTIVE, FOXDALE IS IN A VERY STRONG POSITION. FOXDALE HAS MAINTAINED A POSITIVE INCREASE IN CASH FROM OPERATIONS AND INVESTMENTS DESPITE ISSUES IN THE GREATER ECONOMY. FOXDALE HAD OVER 500 DAYS CASH ON HAND AS OF JUNE 30, 2017, EXCEEDING THE INDUSTRY-WIDE STANDARD BY A SIGNIFICANT MARGIN. THANKS TO PRUDENT FISCAL MANAGEMENT COUPLED WITH AN ONGOING COMMITMENT TO SOCIALLY RESPONSIBLE INVESTING, FOXDALE WAS ABLE TO CONTINUE TO INVEST IN ONGOING INFRASTRUCTURE IMPROVEMENTS EVEN DURING ITS EXPANSION.OUR VALUED WORKFORCE -- FOXDALE'S WORKFORCE ENCOMPASSES STAFF WORKING IN MAINTENANCE, HOUSEKEEPING, ADMINISTRATION, SAFETY, HEALTHCARE, AND DINING SERVICES. FOXDALE OFFERS AN EXCEPTIONAL BENEFITS PROGRAM FOR EMPLOYEES, INCLUDING FUNDING FOR PROFESSIONAL DEVELOPMENT. SUPPORT FOR PROFESSIONAL DEVELOPMENT IS INCLUDED IN THE ANNUAL BUDGET AND MADE AVAILABLE VIA THE TRAINING AND TUITION REIMBURSEMENT FUND (WHICH WAS ESTABLISHED BY ANONYMOUS DONORS). IN THE 2017 FISCAL YEAR, $116,000 IN GRANTS WAS AWARDED TO STAFF FROM THE TRAINING & TUITION FUND. STAFF ALSO HAVE ACCESS TO WELLNESS PROGRAMS, EXERCISE EQUIPMENT, AND HEALTH SCREENINGS. PHILANTHROPIC SUPPORT DIRECTED TO THE GIVERS OF CARE FUND PROVIDES ACCESS TO NO-INTEREST LOANS TO STAFF FACING SHORT-TERM OR HOUSING NEEDS.CARING PHILANTHROPIC COMMUNITY -- AS A 501(C)(3) FOXDALE RESIDENTS AND STAFF HAVE BENEFITTED GREATLY FROM PHILANTHROPY WHICH DONORS HAVE GENEROUSLY DIRECTED TO FOXDALE. THANKS TO COUNTLESS GIFTS GIVEN SINCE FOXDALE'S FOUNDING, RESIDENTS AND THEIR FAMILIES CAN REST ASSURED THAT CARE WILL CONTINUE SHOULD FINANCIAL CHALLENGES IMPEDE A RESIDENT'S ABILITY TO FULFILL THEIR FINANCIAL OBLIGATION TO FOXDALE. IN FISCAL YEAR 2017, THE COMMUNITY FUND PROVIDED $138,000 IN ASSISTANCE TO RESIDENTS. DONORS THAT CONTRIBUTED TO THE HEALING WATERS THERAPY POOL CAMPAIGN, FOXDALE'S FIRST-EVER CAPITAL CAMPAIGN, PLEDGED AND/OR CONTRIBUTED OVER $1 MILLION TO THE PROJECT IN JUST SIX MONTHS. THANKS TO THEIR GENEROSITY, THERAPY POOL CONSTRUCTION COMMENCED IN APRIL OF 2015 AND WAS COMPLETED IN NOVEMBER OF 2015. CARING AT FOXDALE DOESN'T END AT OUR DOORSTEP. FOXDALE PROVIDED MEETING AND EVENT SPACE AT NO COST TO MULTIPLE NONPROFIT ORGANIZATIONS, CONTRIBUTED OVER $25,000 TO LOCAL NONPROFITS IN FISCAL YEAR 2017, HOSTED INTERGENERATIONAL PROGRAMS, AND PROVIDED LEARNING OPPORTUNITIES TO INTERNS AND OTHER ASPIRING HEALTH CARE PROFESSIONALS. RESIDENTS AND STAFF ENTHUSIASTICALLY ENGAGE IN AN ARRAY OF VOLUNTEER AND PHILANTHROPIC ACTIVITIES, INCLUDING A STAFF FOOD DRIVE IN DECEMBER 2016 WHICH RESULTED IN CONTRIBUTION OF NEARLY ONE TON OF FOOD TO THE STATE COLLEGE AREA FOOD BANK.CARING FOR THE ENVIRONMENT -- FOXDALE HAS MAINTAINED ITS COMMITMENT TO THE QUAKER PRINCIPLE OF STEWARDSHIP OF THE EARTH WHILE ENSURING SOUND FISCAL MANAGEMENT. AS A RESULT OF THE EXPANSION AND RENOVATION FOXDALE HAS 2,900 LED LIGHT FIXTURES AND A GEOTHERMAL SYSTEM THAT HEATS AND COOLS ALMOST 90,000 SQUARE FEET OF LIVING SPACE. ADDITIONALLY, THE POWER FOR ALL OF FOXDALE IS CONTRACTED FROM WIND-POWER PROVIDERS. WE ARE VERY PROUD THAT FOXDALE WAS ONE OF ONLY THREE ORGANIZATIONS TO BE THE FIRST RECIPIENTS OF THE EMERALD AWARD FROM THE CENTRE COUNTY RECYCLING AUTHORITY IN RECOGNITION OF ITS ON-CAMPUS RECYCLING ACTIVITY. FOXDALE HAS ALSO BEEN ON THE FOREFRONT OF FOOD WASTE COMPOSTING, COLLABORATING WITH THE BOROUGH OF STATE COLLEGE TO LOWER THE AMOUNT OF SUCH WASTE THAT ENTERS LANDFILLS. RECOGNITIONS -- THANKS TO THE EXEMPLARY EFFORTS OF OUR DEDICATED STAFF, IN 2013 THROUGH 2017 FOXDALE WAS VOTED BEST RETIREMENT COMMUNITY BY READERS OF STATE COLLEGE MAGAZINE. FOXDALE WAS PREVIOUSLY RECOGNIZED AS A POLLINATOR FRIENDLY CAMPUS AND WITH TREE CITY AWARDS. TO ENSURE PROVISION OF ONGOING HIGH QUALITY SERVICE TO RESIDENTS FOXDALE PARTICIPATES IN VARIOUS QUALITY IMPROVEMENT PROGRAMS WITH ITS SISTER COMMUNITIES THROUGH THE PEACE CHURCH COMPLIANCE AND RISK MANAGEMENT PROGRAMS. FOXDALE'S NEIGHBORHOODS AND BEAUTIFUL GROUNDS, OPPORTUNITIES FOR INTELLECTUAL ENGAGEMENT, FOCUS ON WELLNESS, AND COMMITMENT TO SUSTAINABILITY ARE JUST A FEW OF THE REASONS RESIDENTS AND OTHERS HIGHLY RATE FOXDALE. FOXDALE MOVES CONFIDENTLY INTO THE FUTURE CONTINUING TO BE THE VIBRANT, CARING COMMUNITY ITS FOUNDERS ENVISIONED. TO LEARN MORE ABOUT FOXDALE PLEASE VISIT WWW.FOXDALEVILLAGE.ORG. 15435678 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 48 0 1 307 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X COREY HAMILTON 8142383322 500 EAST MARYLYN AVENUE STATE COLLEGE PA 16801 MR HUGH MOSE TREAsurer 2.00 X X 0 0 0 MR PATRICK MORSE TREAsurer (RESIGNED 12/8/16) 2.00 X X 0 0 0 MR GLENDON BLUME FULL CLERK 5.00 X X 0 0 0 MS MARGY FRYSINGER ASSistant Clerk 5.00 X X 0 0 0 MR CLOVIS MORRISSON RECOrding clerk 2.00 X X 0 0 0 MS LYDIA ABDULLAH BOARD MEMBER 2.00 X 0 0 0 MR JIM ADAMS BOARD MEMBER 2.00 X 0 0 0 MS JACKIE BONOMO BOARD MEMBER 2.00 X 0 0 0 MR JAMES BRADLEY BOARD MEMBER 2.00 X 0 0 0 MS BETH JOHNSTON Board MEMBER 2.00 X 0 0 0 MS LISA MARSHALL BOARD MEMBER 2.00 X 0 0 0 MS KATE MCGRAIL-PEASLEY BOARD MEMBER 2.00 X 0 0 0 MR VILMOS MISANGYI BOARD MEMBER 2.00 X 0 0 0 MS MARJORIE NELSON BOARD MEMBER 2.00 X 0 0 0 MR HERMAN RICHEY BOARD MEMBER 2.00 X 0 0 0 MR RICHARD LYSLE EXECUTIVE DIRECTOR 40.00 X 246869 0 32265 MR COREY HAMILTON DIRECTOR OF FINANCIAL SERV 40.00 X 165586 0 25346 MS MARGARET CLOUSER DIRECTOR OF HEALTH SERVICES 40.00 X 102232 0 26639 514687 0 84250 3 0 1 0 HARRY'S CONSTRUCTION 1401 N 2ND ST ALTOONA PA 16601 CONSTRUCTION 745375 FLAGSHIP REHABILITATION INC 157 BALTIMORE STREET STE 200 CUMBERLAND MD 21502 REHAB SERVICES/THERAPIES 481705 SODEXO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICES 348721 REESE LOWER PATRICK AND SCOTT ARCHITEC 250 VALLEYBROOK DR LANCASTER PA 17601 DESIGN SERVICES 105578 4 198163 198163 RESIDENT SERVICE REVENUE 623000 19577985 19577985 19577985 579379 579379 16632 60752 -44120 -44120 -44120 21440912 20052001 1388911 1388911 1388911 Dining Revenue 900099 50892 50892 Guest House Revenue 721000 24740 24740 Miscellaneous Revenue 900099 16553 16553 15403 15403 107588 21807906 19577985 0 2031758 25915 25915 486848 486848 6560759 5773335 775571 11853 307575 258566 43081 5928 1550936 1363412 183494 4030 522274 442034 80240 33642 33642 39000 39000 129087 129087 670483 415296 255187 166121 166121 523993 405803 118190 170197 13682 156515 1253541 1253541 43348 28265 15083 51399 20656 30743 1582155 1582155 2910810 2875496 35314 140040 140040 Food - PROGRAM 743622 743622 Therapies - Program 610118 610118 Pharmacy - Program 328241 328241 Repairs and Maintenance 324372 321456 2916 562761 416200 146561 19737237 15435678 4279748 21811 575 575 1503905 69693 132267 27525 670554 396303 21579 21579 330406 241842 76180960 19129530 56715593 57051430 28279818 30887903 1970294 1702418 89624991 90399268 1465542 1431653 30385190 28792097 40583204 39416420 243000 318000 72676936 69958170 X 11580262 14823727 5190134 5433632 177659 183739 16948055 20441098 89624991 90399268 X 2070669 1416294 6080 X X 0 1 X 1 0 X 133862 81803 1451013 170234 198163 2035075 14020653 17076906 18609042 19684015 19577985 88968601 76334 104603 128880 118977 107588 536382 14230849 17263312 20188935 19973226 19883736 91540058 20000 20000 0 20000 20000 91520058 264061 314851 403606 591613 596011 2170142 264061 314851 403606 591613 596011 2170142 14494910 17578163 20592541 20564839 20479747 93710200 0.97660 0.97860 0.02320 0.02110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2516470 2516470 66855901 16159801 50696100 6664726 2969729 3694997 143863 143863 57051430 REFUNDABLE DEPOSITS 318000 318000 X 23161945 1416294 6080 1422374 21739571 129087 -60752 68335 21807906 19668902 60752 60752 19608150 129087 129087 19737237 Part X, Line 2: THE CORPORATION FOLLOWS THE STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ACCORDING TO THE PRINCIPLES OF ASC 740, INCOME TAXES, WHICH PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CORPORATION, INCLUDING WHETHER THE ENTITY IS EXEMPT FROM INCOME TAXES. MANAGEMENT EVALUATED THE TAX POSITIONS TAKEN AND CONCLUDED THAT THE CORPORATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, THE CORPORATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2014. Part XI, Line 2d - Other Adjustments: VALUE ADJUSTMENT ON PERMANENTLY RESTRICTED NET ASSETS 6,080. Part XI, Line 4b - Other Adjustments: RENTAL EXPENSE -60,752. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSE 60,752. 0 X X X X X X 0 0 0 0 0 0 0 0 0 MR RICHARD LYSLE EXECUTIVE DIRECTOR 246869 0 0 0 0 0 16217 0 16048 0 279134 0 0 0 MR COREY HAMILTON DIRECTOR OF FINANCIAL SERV 165586 0 0 0 0 0 9297 0 16049 0 190932 0 0 0 A CENTRE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 202121974 2010-10-14 30000000 NEW CONSTRUCTION AND CAMPUS RENOVATIONS 0 0 0 B CENTRE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 202121974 2011-07-27 9640000 NEW CONSTRUCTION AND CAMPUS RENOVATIONS 0 0 0 C CENTRE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 202121974 2012-02-09 9335590 NEW CONSTRUCTION AND CAMPUS RENOVATIONS 0 0 0 A 4868025 30000000 609006 329373 27982386 1079235 2013 0 0 1 1 B 1528013 9640000 169823 140234 8983143 346800 2013 0 0 1 1 C 3163132 9335590 29794 139969 8770896 394931 2013 0 0 1 1 A 0 0 1 1 0 0 0 1 B 0 0 1 1 0 0 0 1 C 0 0 1 1 0 0 0 1 A 1 1 0 0 0 0 B 1 1 0 0 0 0 C 1 1 0 0 0 0 A 1 B 1 C 1 SCHEDULE K, PART IV, LINE 7: FOXDALE VILLAGE DOES NOT HAVE A DEBT SERVICE RESERVE FUND ASSOCIATED WITH ANY OF THE THREE OUTSTANDING DEBT ISSUES. AS SUCH, FOXDALE VILLAGE DOES NOT HOLD FUNDS TO WHICH THE REQUIREMENTS OF SECTION 148 PERTAINS. SUCH PROVISIONS FOR THE ACCOUNTING OF SECTION 148 WILL BE PUT INTO PLACE IF THE FINANCING STRUCTURE OF FOXDALE VILLAGE CHANGES AND SUCH REQUIREMENTS APPLY. Form 990, Part VI, Section B, line 11b THE INFORMATION USED IN THE 990 WAS PREPARED PRIMARILY BY THE DIRECTOR OF FINANCIAL SERVICES WHO PROVIDED THIS INFORMATION TO THE AUDITING FIRM RKL LLP. RKL LLP PREPARED THE 990 AND SUBMITTED IT BACK TO THE FINANCE AND PROPERTY COMMITTEE FOR REVIEW AT THEIR COMMITTEE MEETING. THE COMMITTEE THEN FORWARDED THE DOCUMENT TO THE BOARD OF TRUSTEES FOR THEIR REVIEW AT WHICH TIME IT WAS APPROVED. AFTER APPROVAL, RKL LLP SUBMITTED THE 990 TO THE IRS. Form 990, Part VI, Section B, line 12c ALL BOARD MEMBERS AND KEY EMPLOYEES MUST SUBMIT A CONFLICT OF INTEREST STATEMENT, AND THESE STATEMENTS ARE REVIEWED BY EACH BOARD MEMBER AT THE BOARD MEETING. INDIVIDUAL BOARD MEMBERS ARE ENCOURAGED TO ASK QUESTIONS REGARDING ANYONE WITH A CONFLICT AT THAT MEETING, AND THE BOARD WOULD DECIDE IF THEY FEEL THE CONFLICT IS LARGE ENOUGH TO REQUIRE ACTION. No conflicts existed. Form 990, Part VI, Section B, line 15 THE BOARD OF TRUSTEES REVIEWS AND APPROVES THE SALARY FOR THE EXECUTIVE DIRECTOR. THE PRIMARY TOOL FOR COMPARATIVE PURPOSES ARE SALARY SURVEYS. ALL OTHER EMPLOYEE COMPENSATION RATES ARE ESTABLISHED BY THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF HUMAN RESOURCES. THEY ALSO USE SALARY SURVEYS FOR ESTABLISHING COMPENSATION RATES AS WELL AS COMPARATIVE DATA FROM LOCAL SOURCES TO ENSURE COMPENSATION DOES NOT EXCEED FAIR MARKET VALUE. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED. Form 990, Part VI, Section C, line 19 THE Conflict of interest policy and financial statements are available by request from the administration of Foxdale Village. Board Meeting Summaries are made available to the public in the Foxdale Village Library and posted on the resident bulletin board following the meetings. Form 990, Part XI, line 9: value adjustment on permanently restricted net assets 6,080. Form 990, Part XII, Line 2c: THE FINANCE AND PROPERTY COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. This process has not changed from the prior year.