2025-11-06T15:34:38-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-01-01 530246852 THE ARMY DISTAFF FOUNDATION INC ARMY 2025410400 6200 OREGON AVENUE NW WASHINGTON DC 200151543 GLADSTONE JAMES CFO 2025410400 2025-10-31 1 1 KERRI N BOGDA P00760402 7177404863 2025-10-31 2024 2025-03-06 01:10:19Z KNOLLWOOD MILITARY RETIREMENT COMMUN GENERAL TIMOTHY MCHALE 6200 OREGON AVENUE NW WASHINGTON DC 200151543 26321848 0 X WWW.ARMYDISTAFF.ORG X 1959 DC A CONTINUING CARE RETIREMENT COMMUNITY FOR ELDERLY RETIRED MILITARY OFFICERS & CLOSE RELATIVES. 9 8 194 8 0 0 673434 562466 24554196 23413068 -568679 233155 517554 148986 25176505 24357675 0 0 0 0 12042232 11225154 0 0 415444 14013560 14264124 26055792 25489278 -879287 -1131603 38176851 42442300 51338099 56303623 -13161248 -13861323 X THE FOUNDATION OPERATES A CONTINUING CARE RETIREMENT COMMUNITY. THE FOUNDATION PROVIDES THREE LEVELS OF HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF ELDERLY RETIRED CAREER MILITARY OFFICERS AND THEIR CLOSE RELATIVES. THE FOUNDATION PROVIDES INDEPENDENT LIVING FOR THOSE WHO ARE CAPABLE OF CARING FOR THEMSELVES, ASSISTED LIVING FOR THOSE WHO ARE NOT FULLY CAPABLE OF PROVIDING FOR THEMSELVES, AND HEALTH SERVICES FOR THOSE REQUIRING IMMEDIATE AND CONTINUING CARE. 0 0 11639445 0 12620606 NESTLED IN ONE OF WASHINGTON, D.C.'S MOST IMPRESSIVE NEIGHBORHOODS AND SURROUNDED BY THE NATURAL BEAUTY OF ROCK CREEK PARK, KNOLLWOOD OFFERS A WELCOMING AND VIBRANT SENIOR LIVING EXPERIENCE. OUR COMMUNITY FEATURES 160 INDEPENDENT LIVING RESIDENCES DESIGNED TO ENRICH THE LIVES OF RETIRED MILITARY OFFICERS, THEIR SPOUSES, AND CLOSE FAMILY MEMBERS. WITH EASY ACCESS TO NEARBY RESTAURANTS, CULTURAL ATTRACTIONS, AND OUTDOOR ACTIVITIES, KNOLLWOOD PROVIDES THE PERFECT BALANCE OF COMFORT, CONNECTION, AND ACTIVE LIVING. 7915610 0 8582866 KNOLLWOOD'S SKILLED NURSING AND MEMORY CARE NEIGHBORHOODS OFFER SPACIOUS ACCOMMODATION AND A BOUTIQUE-STYLE ENVIRONMENT FOCUSED ON PROVIDING THE HIGHEST LEVEL OF CARE. OUR MEDICARE- AND MEDICAID-LICENSED CENTER INCLUDES 49 BEDS AND IS PROUD TO HOLD A 5-STAR CMS RATING. WITH AN EXCEPTIONAL STAFFING MODEL AND A COMMITMENT TO PERSONALIZED SERVICE, KNOLLWOOD IS A TRUSTED CHOICE FOR RESIDENTS SEEKING OUTSTANDING CLINICAL CARE AND OVERALL WELLBEING. 2037816 0 2209596 LOCATED ON 16 BEAUTIFUL ACRES IN ONE OF WASHINGTON, D.C.'S MOST DISTINGUISHED NEIGHBORHOODS, KNOLLWOOD'S ASSISTED LIVING COMMUNITY IS DEDICATED TO EXCEPTIONAL CARE AND WELLBEING. OUR MISSION AND VALUES CENTER ON SUPPORTING RESIDENTS WITH DIGNITY, COMPASSION, AND PURPOSE. THE ASSISTED LIVING NEIGHBORHOOD INCLUDES 45 PRIVATE UNITS AND FEATURES OUTSTANDING AMENITIES SUCH AS A SWIMMING POOL, A FULL-SERVICE BEAUTY SALON, AND WORLD-CLASS REHABILITATION SERVICES. 21592871 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 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 0 0 0 0 1 67 0 194 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 8 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 DC X GLADSTONE JAMES 2025410148 6200 OREGON AVE NW WASHINGTON DC 20015 JOHN M KEANE CHAIRMAN 0.50 X X 0 0 0 MARY ANN HILLIARD VICE CHAIRMAN, TRUSTEESHIP 0.50 X X 0 0 0 FRANK C PANDOLFE VICE CHAIRMAN, FINANCE/TREASURER 0.50 X X 0 0 0 ANTHONY C FUNKHOUSER SECRETARY 0.50 X X 0 0 0 LOIS CALLAHAN BOARD MEMBER/RA PRESIDENT 0.50 X 0 0 0 ELIZABETH COWLES HARRELL BOARD MEMBER 0.50 X 0 0 0 JAQUELINE KING BOARD MEMBER 0.50 X 0 0 0 MATT LAWLOR BOARD MEMBER 0.50 X 0 0 0 TIMOTHY MCHALE CEO 40.00 X X 42817 0 146 GARY D HIBBS CEO (UNTIL SEP 2024) 40.00 X X 314695 0 309 REMI ACKERMAN CHIEF OPERATING OFFICER 40.00 X 213494 0 5737 GLADSTONE JAMES CHIEF FINANCIAL OFFICER 40.00 X 112121 0 4396 JAMES MICHELS DIRECTOR OF DEVELOPMENT 40.00 X 185224 0 4550 ERIC A HUGH ADMINISTRATOR 40.00 X 169942 0 942 EMMANUELA PAULE CHARGE NURSE RN 53.00 X 132586 0 3967 JULIANA ALAMU LICENSED PRACTICAL NURSE 74.00 X 141816 0 1950 MARGO D BUDA CLINIC NURSE MANAGER 40.00 X 130361 0 3300 MARTHA MCLEAN DIRECTOR OF NURSING 40.00 X 118994 0 1152 SHAHIDA P KHATTAK MDS COORDINATOR 40.00 X 117976 0 3408 1680026 0 29857 18 0 1 0 SODEXO INC PO BOX 360170 PITTSBURGH PA 15251 DINING, FACILITIES MAINTENANCE 5231601 ASL PAINTING INC 13423 PARKLAND DRIVE ROCKVILLE MD 20853 CONSTRUCTION 1044180 POWERBACK REHABILITATION PO BOX 821322 PHILADELPHIA PA 19182 REHABILITATION 379591 OSIBEYOND LLC 11921 ROCKVILLE PIKE SUITE 210 ROCKVILLE MD 20852 CYBERSECURITY 263525 UNIVERSAL PROTECTION SERVICE LP PO BOX 828854 PHILADELPHIA PA 19182 SECURITY 238753 7 141917 420549 562466 INDEPENDENT LIVING 531110 9961902 9961902 HEALTH SERVICES 623000 8582866 8582866 AMORTIZED ADMISSION FEES 531110 2658704 2658704 ASSISTED LIVING 623000 2209596 2209596 23413068 215768 215768 1919862 1902475 17387 17387 17387 33718 141917 61698 -27980 -27980 CELLPHONE TOWER RENTAL 531390 92500 92500 MISCELLANEOUS INCOME 623000 84466 84466 176966 24357675 23413068 0 382141 1058923 170884 698265 189774 7980857 6992817 910223 77817 114492 108486 5783 223 845877 796993 39529 9355 1225005 961635 242579 20791 123065 123065 122575 122575 31443 31443 1090841 700017 380386 10438 57942 1117 56825 462092 395880 65107 1105 569697 469913 99562 222 3999768 3982255 17513 35573 35573 2918119 2898998 19121 564308 564308 DINING SERVICES 3400573 3400573 MEDICAL SUPPLIES 463747 463747 RESIDENT SERVICES 123869 123559 310 LAUNDRY/LINENS 83695 83695 216817 6729 104679 105409 25489278 21592871 3480963 415444 2247539 50673 4807321 11873775 111183 10000 774208 1064342 25841 276029 147614 100205324 75533767 26056170 24671557 2826653 3025529 1077748 1572969 38176851 42442300 1781932 2144988 17993193 18496911 18479443 17788564 13083531 17873160 51338099 56303623 X -13451945 -14151301 290697 289978 -13161248 -13861323 38176851 42442300 X -1131603 68065 363463 X 0 1 X 1 0 X 1333421 6310305 2257087 673434 562466 11136713 18933962 19875613 25052717 25052353 23413068 112327713 20267383 26185918 27309804 25725787 23975534 123464426 20500 3157414 1220000 30500 15000 4443414 0 20500 3157414 1220000 30500 15000 4443414 119021012 176642 110599 79711 100198 215768 682918 176642 110599 79711 100198 215768 682918 259566 171277 112294 75357 176966 795460 20703591 26467794 27501809 25901342 24368268 124942804 0.95260 0.94960 0.00550 0.00620 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CELLPHONE TOWER RENTAL - 2020 AMOUNT: $ 259,566. 2021 AMOUNT: $ 171,277. 2022 AMOUNT: $ 112,294. 2023 AMOUNT: $ 75,357. 2024 AMOUNT: $ 92,500. MISC INCOME - 2024 AMOUNT: $ 84,466. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 241866 241866 77062656 61017180 16045476 21278597 12967428 8311169 1622205 1549159 73046 24671557 REFUNDABLE ADMISSION FEES 16251230 REFUNDABLE APPLICATION FEES 1501170 ANNUITIES PAYABLE 120760 17873160 24819458 68065 393718 461783 24357675 0 24357675 25519533 61698 61698 25457835 31443 31443 25489278 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 363,463. INVESTMENT MANAGEMENT FEES -31,443. FUNDRAISING EVENT EXPENSES 61,698. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSE 61,698. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 31,443. 2024 ADF GALA 120099 97686 22413 32409 18438 3975 5080 2024 ANNAUL APPEAL 44231 44231 1796 1 11305 11305 175635 141917 33718 32409 18438 3975 6876 61698 -27980 X 0 0 0 0 0 0 0 0 0 GARY D HIBBS CEO (UNTIL SEP 2024) 314695 0 0 0 0 0 0 0 309 0 315004 0 0 0 REMI ACKERMAN CHIEF OPERATING OFFICER 213494 0 0 0 0 0 1530 0 4207 0 219231 0 0 0 JAMES MICHELS DIRECTOR OF DEVELOPMENT 185224 0 0 0 0 0 4550 0 0 0 189774 0 0 0 ERIC A HUGH ADMINISTRATOR 169942 0 0 0 0 0 942 0 0 0 170884 0 0 0 A DISTRICT OF COLUMBIA 536001131 000000000 2019-05-08 19230000 REFINANCING EXISTING BOND AND DEBT 0 0 0 A 1110000 19230000 362893 18867107 2019 1 1 1 1 A 0 1 0 0 0.00160 0.00000 0.00160 0 0 1 A 0 0 1 0 1 1 UBT MUNICIPAL FIN 18.250000000000 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 6 THE ARMY DISTAFF FOUNDATION HAS MEMBERS THAT CONTRIBUTE DUES. THESE DUES ARE UNRELATED TO THE SERVICES OF THE FACILITY. THESE ARE CONTRIBUTIONS IN THE FURTHERANCE OF THE FACILITY'S MISSION. THESE INDIVIDUALS CAN VOTE FOR THE BOARD OF DIRECTORS, HOWEVER THESE MEMBERS DO NOT APPROVE BOARD DECISIONS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS FROM INDEPENDENTLY AUDITED FINANCIAL STATEMENTS AND REVIEWED BY THE EXECUTIVE DIRECTOR/CFO. THE BOARD MEMBERS ARE AWARE AND HAVE HAD DISCUSSIONS ON ALL FINANCIAL OPERATIONS. A COMPLETE COPY OF THE RETURN WILL BE PROVIDED TO THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENSURES COMPLIANCE WITH CONFLICT OF INTEREST POLICIES THROUGH DISCUSSIONS AT MEETINGS OF THE BOARD OF DIRECTORS AND ITS COMMITTEES. WHENEVER A DIRECTOR OR OFFICER HAS A FINANCIAL OR PERSONAL INTEREST IN ANY MATTER COMING BEFORE THE BOARD OF DIRECTORS, THE AFFECTED PERSON MUST A) FULLY DISCLOSE THE NATURE OF THE INTEREST AND B) WITHDRAW FROM DISCUSSION, LOBBYING AND VOTING ON THE MATTER. ANY TRANSACTION OR VOTE INVOLVING A POTENTIAL CONFLICT OF INTEREST SHALL BE APPROVED ONLY WHEN A MAJORITY OF DISINTERESTED DIRECTORS DETERMINE THAT IT IS IN THE BEST INTEREST OF THE CORPORATION TO DO SO. THE MINUTES OF MEETINGS AT WHICH SUCH VOTES ARE TAKEN SHALL RECORD SUCH DISCLOSURE, ABSTENTION AND RATIONALE FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE AND FINANCE COMMITTEES OF THE BOARD OF DIRECTORS REVIEWS HISTORICAL AND CURRENT MARKET DATA AND CPI AT THE TIME OF DELIBERATION. THE REVIEW IS DOCUMENTED ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. ADDITIONALLY, THE ORGANIZATION IS LISTED ON GUIDESTAR.COM. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 363,463.