2018-10-15T08:31:26-05:00 2017-12-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 191037341 990 2017-01-01 231547587 PHILADELPHIA PRESBYTERY HOMES INC PHIL 6108341001 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 JENNIFER S KAPPEN EVP & CHIEF FINANCIAL OFFICER 6108341001 2018-10-05 1 JULIUS C GREEN CPA P00350393 2159720701 96.80.2.34 2018-10-05 14:21:20 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0EDBA9E346E33D8FDAC35F5746F849DF1C5CC14B 2017 2018-06-14 16:35:46Z JENNIFER S KAPPEN 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 79580062 0 X WWW.PRESBYSINSPIREDLIFE.ORG X 1955 PA CREATIVELY MEETS THE NEEDS OF SENIORS IN A RANGE OF ECONOMIC CIRCUMSTANCES IN THE PHILA. AREA. 12 12 936 350 9944 8944 1509530 1806504 63287983 64400130 3188104 5370593 334534 1091710 68320151 72668937 477587 666223 0 0 30535700 32022576 0 0 435000 41114572 50958042 72127859 83646841 -3807708 -10977904 243758257 255892218 186907219 202481384 56851038 53410834 TO PROVIDE EXCEPTIONAL LIVING EXPERIENCES FOR OLDER ADULTS. WE USE BEST PRACTICES TO PROVIDE SENIOR LIVING OPTIONS TO A DIVERSE POPULATION WITH CHANGING NEEDS AND ECONOMIC CIRCUMSTANCES, SUCH THAT THE RESIDENTS' EXPECTATIONS ARE EXCEEDED. 0 0 70097915 666223 62716486 THE ORGANIZATION OFFERS A FULL SPECTRUM OF SENIOR LIVING OPTIONS - INDEPENDENT LIVING (IL), PERSONAL CARE (PC), AND SKILLED NURSING CARE (SN), THROUGH ANY OF OUR FOUR COMMUNITIES. THE ORGANIZATION ALSO PROVIDES FINANCIAL ASSISTANCE TO PERSONS WHO MEET CERTAIN CRITERIA. TOTAL FINANCIAL ASSISTANCE PROVIDED FOR THE YEAR ENDED DECEMBER 31, 2017 WAS $5,828,463. THIS INCLUDES $1,026,150 OF ASSISTANCE TO RESIDENTS WHO HAVE OUTLIVED THEIR FUNDING SOURCES, OF WHICH $666,223 IS REPORTED ON SCHEDULE I. THE REMAINING FINANCIAL ASSISTANCE IS THE COST OF PROVIDING CARE TO RESIDENTS WHO ARE MEDICAL ASSISTANCE PROGRAM BENEFICIARIES IN EXCESS OF CONTRACTUAL REIMBURSEMENT. TOTAL AVAILABLE UNITS WERE: IL-460, PC-201, AND SN-260 FOR A TOTAL OF 921 AND ACTUAL OCCUPIED UNITS WERE: IL-390, PC-175, AND SN-220, FOR A TOTAL OF 785. 0 0 1683644 THE ORGANIZATION ALSO PROVIDES MANAGEMENT AND OPERATIONAL SERVICES TO QUALITY RESIDENTIAL LIVING ENVIRONMENTS FOR PEOPLE OF LIMITED ECONOMIC RESOURCES FOR BOTH OWNED AND MANAGED COMMUNITIES. TOTAL AFFORDABLE HOUSING UNITS AVAILABLE AT DECEMBER 31, 2017 WERE 2,329 WITH TOTAL OCCUPIED OF 2,288. 70097915 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 120 0 1 936 1 1 1 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JOHN WARD CONTROLLER 6108341001 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 ALAN GRIFFITH CHAIR 0.80 1.70 X X 0 0 0 REV RANDY L BARGE BOARD MEMBER 0.80 1.70 X 0 0 0 HARRY G DITTMANN BOARD MEMBER 0.80 1.70 X 0 0 0 BRIAN DUKE BOARD MEMBER 0.80 1.70 X 0 0 0 MARILYN DYSON BOARD MEMBER 0.80 1.70 X 0 0 0 JOAN E GIBSON BOARD MEMBER 0.80 1.70 X 0 0 0 FRANCIS E MALONEY BOARD MEMBER 0.80 1.70 X 0 0 0 KENNETH MCKEOWN BOARD MEMBER 0.80 1.70 X 0 0 0 NANCY E MUTH BOARD MEMBER 0.80 1.70 X 0 0 0 G ROBERT OVERHISER JR BOARD MEMBER 0.80 1.70 X 0 0 0 DYANN PAOLINE BOARD MEMBER 0.80 1.70 X 0 0 0 WILLIAM G YOUNG JR BOARD MEMBER 0.80 1.70 X 0 0 0 JUDEE M BAVARIA PRESIDENT & CEO 41.50 8.50 X 453373 0 35552 TAMA CAREY EXECUTIVE VP & COO/SECRETARY 41.50 8.50 X 264402 0 25560 DEMETRIA MALLIOS ASSISTANT SECRETARY (DEPARTED 9/17) 31.50 8.50 X 42943 0 5525 JENNIFER S KAPPEN EXEC. VP/CFO/TREASURER 41.50 8.50 X 265099 0 36548 KRYSTEN SMITH ASSISTANT SECRETARY (AS OF 9/17) 31.50 8.50 X 15125 0 1684 VIDHI ANDERSON EXEC. DIR. OF HOUSING & LAND DEV. 50.00 X 175676 0 23977 RUSSELL MAST EXEC. DIR., RYDE PARK 50.00 X 165511 0 19515 MICHELLE BRYK VICE PRESIDENT, HR 40.00 10.00 X 168328 0 17880 SARAH B JOLLES EXEC. DIR. MARKETING/SALES 50.00 X 180148 0 19917 DIANNA MCGOLDRICK EXEC. DIR., FINANCE-CSC 50.00 X 156580 0 12751 1887185 0 198909 24 0 1 0 MORRISON MANAGEMENT SPECIALIST PO BOX 102289 ATLANTA GA 30368 DINING SERVICES 4779338 GENESIS ELDERCARE REHABILITATION SERVICE PO BOX 821322 PHILADELPHIA PA 191821322 THERAPY SERVICES 2962858 HORST CONSTRUCTION 320 GRANITE RUN DRIVE LANCASTER PA 176043310 CONSTRUCTION SERVICES 2068319 WARFEL CONSTRUCTION COMPANY 1017 FLAGSTONE CT LANCASTER PA 17603 CONSTRUCTION SERVICES 1783892 VARSITY MARKETING LLC 532 N FRONT ST WORMLEYSBURG PA 170431016 MARKETING SERVICES 1286347 37 258823 1044961 8964 493756 1806504 RESIDENT SERVICE FEES 623000 57188103 57188103 AMORT OF ENTRANCE FEES 623000 5528383 5528383 MANAGEMENT FEES 561000 1683644 1683644 64400130 2917428 2917428 42394 8846 33548 33548 33548 9297458 6542 6850835 0 2446623 6542 2453165 2453165 18900 258823 51444 -32544 -32544 DEVELOPER FEE INCOME 900099 811835 811835 GUEST MEALS/RENTAL 722210 110293 110293 APARTMENT RENOVATIONS 900099 59112 59112 109466 9944 99522 1090706 72668937 64400130 9944 6452359 X 666223 666223 1145810 1145810 24979301 18595866 6053725 329710 476801 356290 110972 9539 2335902 1961938 358418 15546 3084762 2598031 463943 22788 4804413 4804413 65202 65202 136157 136157 1959 1959 12052627 9519201 2506907 26519 339357 339357 440616 116426 315307 8883 3669889 3656867 13022 132319 62323 67411 2585 43902 9784 32015 2103 4298477 4011341 287136 10481927 10297480 184447 1126328 669805 456523 FEDERAL UBI TAX 189 189 LOSS ON EXTINGUISHMENT 8498924 8498924 SUPPLIES AND MATERIALS 3521491 3100374 408532 12585 MEDICAID BED ASSESSMENT 519657 519657 824608 652783 167083 4742 83646841 70097915 13113926 435000 6250 6250 10887209 13898992 574638 386739 5472997 5169690 751000 797583 275235828 135052446 142703046 140183382 74978462 87543850 1071360 1204209 7313295 6701523 243758257 255892218 8626711 7445486 33704821 32064549 81549790 92708924 127597 183072 62898300 70079353 186907219 202481384 X 38061899 32587989 14467880 16101552 4321259 4721293 56851038 53410834 243758257 255892218 X -10977904 7126171 411529 X 0 1 X 1 0 X 2054699 1830086 2018773 1509530 1806504 9219592 57991363 60487235 63960794 63287983 64400130 310127505 60046062 62317321 65979567 64797513 66206634 319347097 18537 10300 180227 16096 23869 249029 0 18537 10300 180227 16096 23869 249029 319098068 1676012 1990380 6042513 3017214 2959822 15685941 5083 6791 10377 11589 8944 42784 1681095 1997171 6052890 3028803 2968766 15728725 224723 1003496 276285 317674 1080762 2902940 61951880 65317988 72308742 68143990 70256162 337978762 0.94410 0.95000 0.04650 0.04310 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: APARTMENT RENOVATIONS - 2013 AMOUNT: $ 12,314. 2014 AMOUNT: $ 35,239. 2015 AMOUNT: $ 19,153. 2016 AMOUNT: $ 24,461. 2017 AMOUNT: $ 59,112. CAFETERIA CATERING INCOME - 2013 AMOUNT: $ 42,021. 2014 AMOUNT: $ 43,380. 2015 AMOUNT: $ 50,275. 2016 AMOUNT: $ 55,060. 2017 AMOUNT: $ 36,012. DEVELOPER FEE INCOME - 2014 AMOUNT: $ 748,990. 2016 AMOUNT: $ 68,919. 2017 AMOUNT: $ 811,835. GUEST MEALS AND RENTAL - 2013 AMOUNT: $ 66,167. 2014 AMOUNT: $ 72,465. 2015 AMOUNT: $ 85,865. 2016 AMOUNT: $ 100,367. 2017 AMOUNT: $ 110,293. INSURANCE REIMBURSEMENT - 2014 AMOUNT: $ 20,382. 2015 AMOUNT: $ 13,730. LOCKER RENTAL - 2013 AMOUNT: $ 54. MISCELLANEOUS REVENUE - 2013 AMOUNT: $ 50,227. 2014 AMOUNT: $ 29,675. 2015 AMOUNT: $ 40,808. 2016 AMOUNT: $ 6,407. 2017 AMOUNT: $ 24,249. MISCELLANEOUS SERVICES - 2013 AMOUNT: $ 3,170. 2014 AMOUNT: $ 4,066. 2015 AMOUNT: $ 1,647. 2016 AMOUNT: $ 2,020. 2017 AMOUNT: $ 2,523. PROCESSING FEES - 2013 AMOUNT: $ 7,675. 2014 AMOUNT: $ 5,855. 2015 AMOUNT: $ 4,500. 2016 AMOUNT: $ 1,150. 2017 AMOUNT: $ 1,900. REFUNDS - 2013 AMOUNT: $ 1,939. 2014 AMOUNT: $ 6,788. 2015 AMOUNT: $ 15,303. 2016 AMOUNT: $ 17,330. 2017 AMOUNT: $ 7,942. RESIDENT LOUNGE REVENUE - 2013 AMOUNT: $ 41,156. 2014 AMOUNT: $ 36,656. 2015 AMOUNT: $ 45,004. 2016 AMOUNT: $ 41,491. 2017 AMOUNT: $ 26,140. VENDING - 2016 AMOUNT: $ 469. 2017 AMOUNT: $ 756. 0 0 0 0 0 0 0 0 1 1959 1959 0 PART II-B, LINE 1: THE FILING ENTITY IS A MEMBER OF ORGANIZATIONS WHICH ADVOCATE FOR THE ELDERLY. A PORTION OF THE DUES PAID IS ALLOCATED TOWARD LOBBYING. 18789139 809885 2398061 1174241 20822844 18026025 558230 1181281 976397 18789139 18022188 888913 557088 1442164 18026025 18486030 420720 476433 1360995 18022188 17862089 359989 2128316 1864364 18486030 0.00000 0.22670 0.77330 0 0 15070612 15070612 220706857 109138824 111568033 236529 119968 116561 34796808 25793654 9003154 4425022 4425022 140183382 DEPOSITS 376475 REFUNDABLE FEES 53779077 ACCRUED WORKERS COMPENSATION 1154214 DEFERRED COMPENSATION 352364 LOAN PAYABLE-AFFILIATES 14417223 70079353 X 71101780 7126171 -8753618 -1627447 72729227 -60290 -60290 72668937 74541984 60290 60290 74481694 9165147 9165147 83646841 PART V, LINE 4: THE ENDOWMENT EXISTS TO ASSIST THE NEEDIEST OF RESIDENTS AND MOST VULNERABLE MEMBERS OF OUR COMMUNITIES WITH FINANCIAL ASSISTANCE, UPDATED MEDICAL EQUIPMENT, AND ENHANCED COMFORT TO THE RESIDENTS' SURROUNDINGS. PART X, LINE 2: THE COMPANY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2016 AND 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 318,713. FINANCIAL ASSISTANCE NETTED WITH REVENUE ON FINANCIAL STATEMENTS -666,223. TRANSFER FROM AFFILIATES 92,816. RECLASS OF LOSS ON EXTINGUISHMENT OF DEBT -8,498,924. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -8,846. FUNDRAISING EXPENSES -51,444. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 8,846. FUNDRAISING EXPENSES 51,444. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE NETTED WITH REVENUE ON FINANCIAL STATEMENTS 666,223. RECLASS OF LOSS ON EXTINGUISHMENT OF DEBT 8,498,924. PRESBY'S INSPIRED SERVICE EVENT 277723 258823 18900 28498 22946 277723 258823 18900 28498 22946 51444 -32544 1 SEE PART IV 30 666223 PART I, LINE 2: PHILADELPHIA PRESBYTERY HOMES, INC. PROVIDES ASSISTANCE TO RESIDENTS AT ROSEMONT PRESBYTERIAN VILLAGE, RYDAL PARK AND SPRING MILL PRESBYTERIAN VILLAGE (BASED ON THEIR CONTRACT TYPE AND THE AVAILABILITY OF FUNDS) WHO HAVE OUTLIVED THEIR FUNDING SOURCES BASED ON A FINANCIAL ASSISTANCE APPLICATION PROCESS. THE APPLICATION PROCESS INCLUDES A REVIEW OF THEIR ORIGINAL FINANCIAL APPLICATION COMPLETED AT MOVE-IN TO THE COMMUNITY, THEIR TAX RETURNS, BANK STATEMENTS, ASSETS AND OTHER PERTINENT INFORMATION. RESIDENTS CAN BE DENIED FINANCIAL ASSISTANCE IF RESIDENTS HAVE NOT PRUDENTLY UTILIZED THEIR FUNDS. PART III, COLUMN (A): FINANCIAL ASSISTANCE TO RESIDENTS WHO HAVE OUTLIVED THEIR FUNDING SOURCES. FINANCIAL ASSISTANCE PAYS THE DIFFERENCE BETWEEN THE MONTHLY FEES AND THE RESIDENT'S INCOME STREAM (SOCIAL SECURITY, PENSION, AND OTHER SOURCES OF INCOME). X X X X 0 1 0 0 0 0 0 1 0 JUDEE M BAVARIA PRESIDENT & CEO 374541 0 63086 0 15746 0 27398 0 8154 0 488925 0 31528 0 TAMA CAREY EXECUTIVE VP & COO/SECRETARY 237922 0 11507 0 14973 0 17548 0 8012 0 289962 0 0 0 JENNIFER S KAPPEN EXEC. VP/CFO/TREASURER 240098 0 11670 0 13331 0 17795 0 18753 0 301647 0 0 0 VIDHI ANDERSON EXEC. DIR. OF HOUSING & LAND DEV. 167189 0 8487 0 0 0 5269 0 18708 0 199653 0 0 0 RUSSELL MAST EXEC. DIR., RYDE PARK 157786 0 7725 0 0 0 4801 0 14714 0 185026 0 0 0 MICHELLE BRYK VICE PRESIDENT, HR 156082 0 12246 0 0 0 8879 0 9001 0 186208 0 4893 0 SARAH B JOLLES EXEC. DIR. MARKETING/SALES 147279 0 32869 0 0 0 4696 0 15221 0 200065 0 0 0 DIANNA MCGOLDRICK EXEC. DIR., FINANCE-CSC 148980 0 7600 0 0 0 4811 0 7940 0 169331 0 0 0 PART I, LINE 4B OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION PARTICIPATE IN A NONQUALIFIED DEFERRED COMPENSATION PLAN WHICH PROVIDES SELECT EXECUTIVES WITH THE OPPORTUNITY TO MAKE VOLUNTARY DEFERRALS OR TO RECEIVE TAX DEFERRED CONTRIBUTIONS FROM PHILADELPHIA PRESBYTERY HOMES, INC. THE AMOUNT PAID TO THESE INDIVIDUALS IN 2017 WAS $39,555. PART I, LINE 7 OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION ARE PAID BONUSES BASED ON THE PERFORMANCE OF THE ORGANIZATION IN RELATION TO ITS FINANCIAL AND OPERATIONAL TARGETS. OPERATIONAL TARGETS DO NOT INVOLVE REVENUE OR OTHER PRESCRIBED CALCULATIONS THAT WOULD BE BASED UPON FINANCIAL RESULTS. A MONTGOMERY COUNTY HIGHER EDUCATION AND HEALTH AUTHORITY 232447147 613603XH7 2017-10-05 88145000 REFINANCE EXISTING DEBT AND FUND CAPITAL IMPROVEMENTS 0 0 0 A 120000 93915092 5405000 1275238 85205167 2028887 2019 1 1 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 SCHEDULE K, PART II, LINE 3: THE AMOUNT OF PROCEEDS EXCEEDS THE ISSUANCE PRICE OF THE BOND ISSUE DUE TO BOND PREMIUM. SCHEDULE K, PART I, COLUMN C: THE BOND ISSUE WAS OFFERED WITH THE FOLLOWING CUSIP NUMBERS: 613603WX3 613603WY1 613603WZ8 613603XA2 613603XB0 613603XC8 613603XD6 613603XE4 613603XF1 613603XG9 613603KH7 FORM 990, PART VI, SECTION A, LINE 7A PARENT ENTITY PHILADELPHIA PRESBYTERIAN HOMES AND SERVICES FOR THE AGING (EIN 23-2828862) HAS THE RIGHT TO ELECT THE FILING ORGANIZATION'S BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B PARENT ENTITY PHILADELPHIA PRESBYTERIAN HOMES AND SERVICES FOR THE AGING (EIN 23-2828862) MUST APPROVE ACTIVITIES OF THE FILING ORGANIZATION SUCH AS THE FOLLOWING: -APPROVAL OF THE ANNUAL BUDGETS, OR DEVIATIONS, FROM -INCURRENCE OF DEBT NOT INCLUDED IN AN APPROVED BUDGET -PURCHASE, SALE, ENCUMBRANCE, OR LEASE BY OR TO THE CORPORATION -FORM OF CONTRACTS WITH RESIDENTS AND OTHER USERS OF THE CORPORATION'S SERVICES -APPOINTMENT OF AUDIT COMMITTEE OR STANDING COMMITTEE MEMBERS FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT PERFORMS AN INTERNAL REVIEW OF THE RETURN. ONCE ALL MANAGEMENT COMMENTS HAVE BEEN CLEARED, THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990. THE FORM 990 IS THEN SENT TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FINALIZING AND FILING THE TAX RETURN. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES OF THE ORGANIZATION ARE REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST VIA COMPLETION OF A CONFLICTS FORM. THOSE INDIVIDUALS ARE REQUIRED TO DISCLOSE ANY AND ALL ONGOING ISSUES THAT ARISE DURING THE COURSE OF THE YEAR. SIGNED CONFLICT OF INTEREST STATEMENTS ARE GIVEN TO THE BOARD AND REVIEWED AND MAINTAINED BY THE ORGANIZATION'S COMPLIANCE OFFICER (THE VP OF HUMAN RELATIONS). ANY INDIVIDUAL WITH A CONFLICT OF INTEREST MUST ABSTAIN FROM VOTING ON THE MATTER. THE CONFLICT OF INTEREST POLICY INCLUDES LANGUAGE ON FAMILY AND BUSINESS RELATIONSHIPS THAT INDICATE THESE RELATIONSHIPS MAY BE THE SOURCE OF CONFLICTS AND SHOULD BE REPORTED. FORM 990, PART VI, SECTION B, LINE 15 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING (THE PARENT ENTITY) HAS AN EXECUTIVE COMPENSATION PROGRAM DEVELOPED BY MEMBERS OF THE EXECUTIVE COMPENSATION COMMITTEE WHICH IS COMPRISED OF BOARD MEMBERS. THE COMMITTEE CONTRACTS WITH A THIRD PARTY CONSULTANT FOR EXECUTIVE COMPENSATION ADVISORY SERVICES AS NEEDED. ANNUAL MARKET STUDIES ARE USED TO ENSURE THAT SALARIES OF KEY EMPLOYEES ARE COMMENSURATE WITH SIMILARLY SIZED SENIOR LIVING ORGANIZATIONS. THE COMPENSATION PROGRAM HAS BEEN DEVELOPED TO COMPLY WITH ALL REGULATORY AND STATUTORY REQUIREMENTS AFFECTING EXECUTIVE COMPENSATION IN A NOT-FOR-PROFIT CONTEXT. ALL COMPENSATION RECOMMENDATIONS AND PROGRAM DESIGN ELEMENTS FOR THE EXECUTIVES AND KEY EMPLOYEES ARE REVIEWED BY THE EXECUTIVE COMPENSATION COMMITTEE TO ENSURE FULL COMPLIANCE WITH REQUIREMENTS. LEGAL COUNSEL WAS RETAINED IN 2016 TO REVIEW EXECUTIVE COMPENSATION ARRANGEMENTS AND PROVIDE AN OPINION AND REASONABLENESS LETTER. THIS REVIEW WILL BE DONE EVERY 3 TO 5 YEARS. THE EXECUTIVE COMPENSATION COMMITTEE IS COMPRISED OF INDEPENDENT PERSONS, AND DECISIONS OF THE COMMITTEE ARE DOCUMENTED IN COMMITTEE MINUTES, WHICH ARE INCLUDED WITH BOARD MATERIALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: OTHER PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 5,393,629. MANAGEMENT AND GENERAL EXPENSES 2,073,987. FUNDRAISING EXPENSES 25,071. TOTAL EXPENSES 7,492,687. CONTRACTED SERVICES: BOARD DEVELOPMENT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 3,568. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,568. CONTRACTED SERVICES: COLLECTION & BILLING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 46,303. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 46,303. CONTRACTED SERVICES: CONSULTANTS: PROGRAM SERVICE EXPENSES 34,113. MANAGEMENT AND GENERAL EXPENSES 46,706. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,819. CONTRACTED SERVICES: DIRECT MARKETING MAILING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 261,026. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 261,026. CONTRACTED SERVICES: MEDICAL DIRECTOR: PROGRAM SERVICE EXPENSES 107,586. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 107,586. CONTRACTED SERVICES: PROMOTIONAL: PROGRAM SERVICE EXPENSES 7,119. MANAGEMENT AND GENERAL EXPENSES 19,846. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,965. CONTRACTED SERVICES: RESPIRATORY SERVICES: PROGRAM SERVICE EXPENSES 100,272. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 100,272. CONTRACTED SERVICES: TEMPORARY HELP: PROGRAM SERVICE EXPENSES 638,381. MANAGEMENT AND GENERAL EXPENSES 30,343. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 668,724. CONTRACTED SERVICES: AMBULANCE: PROGRAM SERVICE EXPENSES 55,378. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 55,378. CONTRACTED SERVICES: BARBER/BEAUTY: PROGRAM SERVICE EXPENSES 151,202. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,202. CONTRACTED SERVICES: DINING: PROGRAM SERVICE EXPENSES 2,971,439. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,971,439. CONTRACTED SERVICES: PHYSICIAN: PROGRAM SERVICE EXPENSES 29,028. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,028. CONTRACTED SERVICES: INCENTIVE PROGRAM: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 23,098. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 23,098. CONTRACTED SERVICES: DRUG TESTS: PROGRAM SERVICE EXPENSES 31,054. MANAGEMENT AND GENERAL EXPENSES 2,030. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 33,084. CONTRACTED SERVICES: FUNDRAISING EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 1,448. TOTAL EXPENSES 1,448. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUSTS 318,713. NET TRANSFER FROM AFFILITES 92,816. PRESBYTERIAN HOME AT 58TH STREET 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 231352513 NURSING SERVICES TO ELDERLY RESIDENTS PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PRESBYTERIAN APARTMENTS AT 58TH STREET INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232605582 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 OLD CITY PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232778769 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 TIOGA PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232763902 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PHILADELPHIA PRESBYTERY APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232081651 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PHILADELPHIA PRESBYTERY APARTMENTS OF MORRISVILLE INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 222466663 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 GERMANTOWN INTERFAITH HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232211053 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 SOUTHWEST PHILADELPHIA PRESBYTERY APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232700459 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 BALA PRESBYTERIAN HOME FOUNDATION 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232834398 FUNDRAISING & SUPPORT PA 501(C)(3) LINE 12B, II PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 SOUTH PHILADELPHIA PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 460477271 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 GREENWAY PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 861063722 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 AVENUE OF THE ARTS PRESBYTERIAN-PSC APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233027613 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 MAKEMIE AT WHITELAND 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 208523793 INACTIVE PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 MANTUA PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 205006775 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 SOUTHWEST PHILADELPHIA NEIGHBORHOOD RENEWAL PROGRAM 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233066741 INACTIVE PA 501(C)(3) PF PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PRESBYSERVICES 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233000326 MASTER PAYROLL COMPANY PA 501(C)(3) LINE 12B, II PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232828862 PARENT ENTITY PA 501(C)(3) LINE 12B, II N/A 0 GRACE COURT INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232299928 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PHILADELPHIA PRESBYTERY HOMES WC TRUST 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 237816031 INACTIVE PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 PASCHALL SENIOR HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 205957419 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 PHILADELPHIA PRESBYTERY HOMES AND SERVICES FOR THE AGING 0 BENSALEM SENIOR APARTMENTS LP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233015495 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A RIVERSIDE SENIOR APARTMENTS LP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 204952357 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A WYNNEFIELD PLACE LP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 030781453 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A WYNNEFIELD SENIOR HOUSING LLC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 030781453 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A PRESBY'S INSPIRED LIFE APARTMENTS LLC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 814750260 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A CANTRELL PLACE LP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 352576043 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A WITHERSPOON SENIOR APARTMENTS LP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 364850788 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA N/A PRESBYHOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233015067 INVESTMENT PA N/A C 0 PRESBY RIVERSIDE HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 204893872 INVESTMENT PA N/A C 0 PRESBY HOMES DEVELOPMENT CORP 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 203999872 INACTIVE PA N/A C 0 WYNNEFIELD HOUSING CORPORATION 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 455084607 INACTIVE PA N/A C 0 CANTRELL HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 814274774 INVESTMENT PA N/A C 0 WITHERSPOON HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 814265378 INVESTMENT PA N/A C 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 1