2014-09-24T06:45:01-05:00 2013-12-31 232932984 PARENTEBEARD LLC 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2013-01-01 161486032 UMH NY CORP UMH MANAGEMENT SERVICES CORP UMHN 6077756400 10 ACRE PLACE BINGHAMTON NY 13904 BRIAN J PICCHINI CPA PRESIDENT & CEO/CFO 6077556400 2014-09-09 1 JULIUS GREEN CPA JD P00350393 2159720701 2013 2015-11-30 17:44:51Z UMH MANAGEMENT SERVICES CORP (EFFECTIVE 111612) BRIAN J PICCHINI CPA 10 ACRE PLACE BINGHAMTON NY 13904 5075131 0 9223 X WWW.UNITEDMETHODISTHOMES.ORG X 1994 PA THE ORGANIZATION PERFORMS MANAGEMENT FUNCTIONS FOR THE NINE OTHER AFFILIATED ORGANIZATIONS. 27 27 38 35 0 0 25199 0 5614181 4561956 39223 81029 121571 122838 5800174 4765823 0 0 0 0 3720475 3270525 0 0 1490 1712304 1505300 5432779 4775825 367395 -10002 5154281 10385930 2727606 7801853 2426675 2584077 X THE ORGANIZATION'S MISSION IS TO PROVIDE A WIDE RANGE OF SENIOR LIVING SERVICES WITH EXCEPTIONAL CARE AND COMPASSION. OUR VISION IS TO BE THE PROVIDER OF CHOICE IN LIFESTYLE OPTIONS FOR SENIORS. CORE VALUES INCLUDE CONCERN AND UNDERSTANDING FOR THE WHOLE PERSON, EDUCATION AND WELLNESS IN PURSUIT OF A FULL LIFE, INDEPENDENCE, DIGNITY AND A SENSE OF CONTROL FOR ALL RESIDENTS AND A CARING AND COMPASSIONATE STAFF. 0 0 4774335 4684794 CENTRALIZED MANAGEMENT FUNCTIONS AND SUPPORTIVE FINANCIAL, INFORMATION TECHNOLOGY AND ADMINISTRATIVE SERVICES FOR THE NINE OTHER BROTHER / SISTER RELATED AND AFFILIATED ORGANIZATIONS OF THE UNITED METHODIST HOMES WHICH PROVIDE SERVICES FOR THE FRAIL AND ILL ELDERLY. SUCH CENTRALIZED SERVICES INCLUDE QUALITY ASSURANCE, BUILDINGS AND GROUND MANAGEMENT, HUMAN RESOURCES, EMPLOYEE BENEFITS, MARKETING AND PUBLIC RELATIONS, GROUP PURCHASING, ACCOUNTING AND FINANCIAL SERVICES, BUDGETING, INFORMATION TECHNOLOGY, INSURANCE CONTRACTING, CONTRACT REVIEW AND NEGOTIATIONS, CORPORATE COMPLIANCE, AND OTHER ADMINISTRATIVE FUNCTIONS. 4774335 1 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 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 0 0 0 1 X 36 0 1 38 1 0 0 0 0 0 0 0 0 0 0 X 27 27 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA NY X BRIAN J PICCHINI CPA 6077756400 10 ACRE PLACE BINGHAMTON NY 13904 X SHARON BERG CHAIRPERSON 12.00 X X 0 0 0 JOHN CROUNSE VICE CHAIRPERSON 5.00 X X 0 0 0 NEIL ANDRE TREASURER 3.00 X X 0 0 0 EDWIN ROGERS ASSISTANT TREASURER 1.50 X X 0 0 0 LEE ROBESON HONORARY MEMBER ASSISTANT SECRETARY 4.00 X X 0 0 0 JAMES CORSELIUS SECRETARY 2.50 X X 0 0 0 DONNA DRANDMEYER DIRECTOR 2.00 X 0 0 0 EDWIN BETZ DIRECTOR 3.00 X 0 0 0 JOSEPH COONS DIRECTOR 8.00 X 0 0 0 CARL ERNSTROM DIRECTOR 4.00 X 0 0 0 LEE BEARSCH DIRECTOR 0.50 X 0 0 0 JOHN CARLING DIRECTOR 2.00 X 0 0 0 ALLAN KINSMAN DIRECTOR 7.00 X 0 0 0 LEONARD LINDENMUTH DIRECTOR 1.00 X 0 0 0 EVELYN LINTERN DIRECTOR 2.00 X 0 0 0 JAN MCCABE DIRECTOR 8.00 X 0 0 0 ROBERT MONTGOMERY JR DIRECTOR 4.00 X 0 0 0 KAREN MCMAHON DIRECTOR 2.50 X 0 0 0 MARYANN JOHNSON DIRECTOR 1.00 X 0 0 0 JOHN WELCH DIRECTOR 1.00 X 0 0 0 LINDA ROSS DIRECTOR 1.20 X 0 0 0 BETTY STANTON DIRECTOR 2.50 X 0 0 0 KENNETH SUMMERS DIRECTOR 3.00 X 0 0 0 DAVID TANENHAUS DIRECTOR 1.00 X 0 0 0 A WAYNE TRIVELPIECE DIRECTOR 1.30 X 0 0 0 MICHAEL VENUTI-RESIGNED 022013 DIRECTOR 0.00 X 0 0 0 JAMES PYRAH DIRECTOR 0.50 X 0 0 0 WILLIAM LEWIS-REPLACED M VENUTI DIRECTOR 1.00 X 0 0 0 WARREN WATKINS DIRECTOR 3.00 X 0 0 0 LISA LEE-TERM END 052013 DIRECTOR 2.00 X 0 0 0 BRIAN PICCHINI PRES & CEO/CFO 45.00 X 349712 0 21440 JOHN LOPATKA COO 45.00 X 220496 0 23195 RICHARD RUNYON VP - INVESTMENTS 40.00 X 172843 0 8928 SALVATORE LAMANTIA CONTROLLER 49.00 X 125332 0 14977 SHANE MCGUIRE VP OF FINANCE 46.00 X 113238 0 10851 GARY GARDNER SR. VP SPECIAL PROJECTS 47.00 X 157441 0 19529 CHET LOWRIE VP BUILDING MANAGEMENT 40.00 X 110690 0 10169 1249752 0 109089 7 0 1 0 PARENTEBEARD LLC LOCKBOX 7831 PHILADELPHIA PA 191787831 ACCOUNTING AND AUDITING 137992 ULTIMATE SOFTWARE GROUP ATTN ACCOUNTING DEPT ATLANTA GA 311930953 SOFTWARE SERVICES 123811 LEVENE GOULDIN & THOMPSON PO BOX F-1706 BINGHAMTON NY 139020106 LEGAL SERVICES 116060 CROWLEY WEBB & ASSOCIATES DEPT 253 BUFFALO NY 14267 ADVERTISING 114927 4 MANAGEMENT SERVICE FEE 541610 4561956 4561956 4561956 95006 95006 295331 309308 -13977 -13977 -13977 EXPENSE REIMBURSEMENT 900099 122390 122390 OTHER REVENUE 900099 448 448 122838 4765823 4684794 0 81029 X 1358839 1358839 1490579 1489436 1143 59585 59585 181776 181772 4 179746 179659 87 61255 61255 111879 111879 490254 490254 117287 117287 122528 122272 256 27881 27881 69445 69445 43755 43755 237406 237406 69603 69603 RENT/LEASE - BUILDINGS 55704 55704 OTHER DIRECT EXPENSES 44011 44011 PRINTING & DUPLICATING 29596 29596 BOOKS & PERIODICALS 8197 8197 16499 16499 4775825 4774335 0 1490 155014 460789 1294750 1456928 5285 951 236480 102826 1950884 1355575 730193 595309 1644050 2349047 1088509 5420080 5154281 10385930 2702941 2972049 4591748 24665 238056 2727606 7801853 X 2426675 2584077 2426675 2584077 5154281 10385930 X -10002 46092 121312 X X 0 1 X 1 0 X X X 0 0 0 UMH NY CORP 240856145 9 1 1 1 0 1 0 1644050 627300 129719 52022 2349047 1552337 527000 92272 527559 1644050 1048918 525000 26346 47927 1552337 993964 526500 83070 554616 1048918 928269 26500 71755 32560 993964 1.00000 0 0 124318 67101 57217 1820655 1288474 532181 5911 5911 595309 ASSETS WHOSE USE IS LIMITED: BOARD DESIGNATED 2349047 F 2349047 DUE FROM AFFILIATES 5268781 ULTIPRO PAYROLL & HR SYSTEM, NET 29987 FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS 121312 5420080 DUE TO AFFILIATES 238056 238056 X 4933226 46091 121312 167403 4765823 0 4765823 4775825 0 4775825 0 4775825 PART V, LINE 4: THE INTENDED USES OF THE ENDOWMENT FUNDS ARE: FUTURE CAPITAL IMPROVEMENTS, FUTURE OPERATING COSTS AND TO ESCROW ADVANCE FEES, OVER WHICH THE BOARD RETAINS CONTROL AND MAY AT ITS DISCRETION, SUBSEQUENTLY USE FOR OTHER PURPOSES. PART X, LINE 2: THE HOMES ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING 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 HAS BEEN MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2013 OR 2012. THE HOMES' FEDERAL RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE YEARS ENDED DECEMBER 31, 2012, 2011, AND 2010 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE INSTRUMENTS 121,312. X 0 0 X X X X 0 1 0 0 0 0 0 0 0 BRIAN PICCHINI PRES & CEO/CFO 268410 0 0 0 81302 0 12500 0 8940 0 371152 0 0 0 JOHN LOPATKA COO 188596 0 0 0 31900 0 10012 0 13183 0 243691 0 0 0 RICHARD RUNYON VP - INVESTMENTS 130816 0 0 0 42027 0 7451 0 1477 0 181771 0 0 0 GARY GARDNER SR. VP SPECIAL PROJECTS 133560 0 0 0 23881 0 7203 0 12326 0 176970 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDED ALL EMPLOYEES WITH A HOLIDAY GIFT OF $25. THE GIFT WAS "GROSSED-UP" USING A COMPUTATION IN ORDER TO COVER THE TAXES. ALL PAYMENTS WERE REPORTED AS TAXABLE INCOME ON EACH EMPLOYEE'S RESPECTIVE W-2. PART I, LINE 4B BRIAN PICCHINI AND RICHARD RUNYON PARTICIPATE IN NONQUALIFIED DEFERRED COMPENSATION PLANS. THE AMOUNTS DEFERRED FOR THE 2013 YEAR WERE $17,500 AND $10,300, RESPECTIVELY. THESE AMOUNTS HAVE BEEN INCLUDED IN COLUMN B(III) AND HAVE BEEN INCLUDED IN THEIR REPORTABLE MEDICARE WAGES FOR THE 2013 YEAR. A NORTHEASTERN PENNSYLVANIA HOSPITAL AND EDUCATION AUTHORITY 237394107 2013-06-19 49973000 ASSIST AFFILIATES WITH CONSTRUCTION/RENOVATION ACTIVITIES 0 0 0 A 69000 8966000 196277 1579835 2884636 4305252 1 0 0 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 1 RBS CITIZENS NA 10.000000000000 0 0 0 0 1 A 1 PART II, LINE 3, COLUMN B UMH MANAGEMENT SERVICES CORP. HAS NOT DRAWN ALL OF THE AVAILABLE FUNDS FROM THE 2013 BOND ISSUE AS OF DECEMBER 31, 2013. THIS IS THE REASON FOR THE DIFFERENCE BETWEEN THE AMOUNTS INCLUDED IN PART I, ROW B, COLUMN E (ISSUE PRICE) AND PART II, LINE 3, COLUMN B (TOTAL PROCEEDS OF ISSUE). ADDITIONALLY, THE ISSUE PRICE OF $49,973,000 IS FOR ALL AFFILIATED COMPANIES, NOT JUST UMH MANAGEMENT SERVICES CORP. THE PROCEEDS OF THE NORTHEASTERN PENNSYLVANIA HOSPITAL AUTHORITY 2013 BOND ISSUE HAVE BEEN ALLOCATED TO AFFILIATED COMPANIES AS FOLLOWS: UMH PA CORP., FEDERAL EIN: 22-3266577 ISSUANCE COSTS FROM PROCEEDS: $578,683 CAPITAL EXPENDITURES: $753,969 OTHER SPENT PROCEEDS: $12,690,230 OTHER UNSPENT PROCEEDS: $17,689,118 TOTAL PROCEEDS OF ISSUE: $31,712,000 UMH NY CORP., FEDERAL EIN: 24-0856145 ISSUANCE COSTS FROM PROCEEDS: $200,404 CAPITAL EXPENDITURES: $2,097,866 OTHER SPENT PROCEEDS: $1,123,717 OTHER UNSPENT PROCEEDS: $5,873,013 TOTAL PROCEEDS OF ISSUE: $9,295,000 UMH MANAGEMENT SERVICES CORP., FEDERAL EIN: 16-1486032 ISSUANCE COSTS FROM PROCEEDS: $196,277 CAPITAL EXPENDITURES: $1,579,835 OTHER SPENT PROCEEDS: $2,884,636 OTHER UNSPENT PROCEEDS: $4,305,252 TOTAL PROCEEDS OF ISSUE: $8,966,000 TOTAL ISSUANCE COSTS FROM PROCEEDS: $975,364 CAPITAL EXPENDITURES: $4,431,670 OTHER SPENT PROCEEDS: $16,698,583 OTHER UNSPENT PROCEEDS: $27,867,383 TOTAL PROCEEDS OF ISSUE: $49,973,000 FORM 990, PART V, LINE 1: FORMS 1099 FOR EACH OF THE RELATED UNITED METHODIST HOMES ENTITIES ARE ISSUED BY UMH NY CORP., FEDERAL ID# 24-0856145, WHICH ACTS AS THE COMMON ACCOUNTS PAYABLE ARM OF THE SYSTEM. THE NUMBER REPORTED ON THIS LINE REFLECTS THE NUMBER OF FORMS 1099 FILED BY UMH NY CORP. NO FORMS 1099 HAVE BEEN FILED DIRECTLY BY THIS ENTITY. FORM 990, PART VI, SECTION A, LINE 1 UMH MANAGEMENT SERVICES CORP., FEDERAL ID# 16-1486032, IS ONE OF TEN ENTITIES OF A GROUP OF BROTHER / SISTER RELATED AND AFFILIATED ORGANIZATIONS (SEE SCHEDULE R), GOVERNED BY A COMMON BOARD OF DIRECTORS. THE TEN BROTHER / SISTER RELATED ENTITIES OPERATE UNDER THE BRAND NAME "UNITED METHODIST HOMES". THE BYLAWS OF 8 OF THE ORGANIZATIONS EXCEPT FOR GRAND CARE CENTER AND UNITED METHODIST HOMES FOUNDATION PROVIDE THAT THE MEMBERS OF THE CORPORATIONS SHALL BE THE MEMBERS OF THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS OF THE 8 ORGANIZATIONS PROVIDE FOR 27 DIRECTORS, ELECTED BY THE MEMBERS, AND DIVIDED INTO THREE CLASSES OF NINE EACH. THIS ARRANGEMENT PROVIDES FOR THE ELECTION OF NINE DIRECTORS EACH YEAR. A DIRECTOR MAY SERVE TWO CONSECUTIVE THREE-YEAR TERMS AND MUST REMAIN OFF THE BOARD FOR ONE YEAR BEFORE BECOMING ELIGIBLE FOR AN ADDITIONAL TERM. THE BOARD MEETS FOUR TIMES PER YEAR AND THE EXECUTIVE FINANCE COMMITTEE MEETINGS ARE HELD ELEVEN TIMES PER YEAR. NO MEETINGS ARE HELD IN JULY. THE EXECUTIVE FINANCE COMMITTEE, WHEN MEETING BETWEEN BOARD MEETINGS IS AUTHORIZED TO EXERCISE ALL AUTHORITY OF THE BOARD EXCEPT TO HIRE, DISCHARGE OR FIX THE SALARY OF THE PRESIDENT / CEO, TO APPROVE THE ANNUAL BUDGET OR MODIFICATIONS THERETO RESULTING IN AN AMOUNT EXCEEDING THE TOTAL AMOUNT OF THE BUDGET OR TO COMMIT AN ENTITY TO ANY MAJOR CONSTRUCTION OR ESTABLISHMENT OF A NEW FACILTY OR THE PURCHASE, MORTGAGE OR SALE OF ANY REAL PROPERTY. SIX MEMBERS OF THE EXECUTIVE FINANCE COMMITTEE CONSTITUTE A QUORUM AND ONE OF THE SIX MEMBERS MUST BE EITHER THE CHAIRPERSON OR THE VICE CHAIRPERSON OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 THE BYLAWS PROVIDE THAT THE MEMBERS OF THE CORPORATION SHALL BE THE SAME PERSONS WHO SERVE AS MEMBERS OF THE BOARD OF DIRECTORS FOR UMH NY CORP. FORM 990, PART VI, SECTION B, LINE 11 THE PROCESS BY WHICH THE ORGANIZATION'S OFFICERS, DIRECTORS, BOARD COMMITTEE MEMBERS, AND MANAGEMENT REVIEWED THE PREPARED FORM 990 IS AS FOLLOWS: THE BOARD DID REQUIRE THAT THE FORM 990 FOR ALL 10 BROTHER / SISTER RELATED AND AFFILIATED ORGANIZATIONS BE PREPARED FROM INFORMATION COMPILED BY INTERNAL STAFF. A DRAFT COPY OF THE FORM 990 WAS THEN PROVIDED TO THE ORGANIZATION'S MANAGEMENT, BOARD MEMBERS AND INDEPENDENT PUBLIC ACCOUNTING FIRM WITH SPECIFIC EXPERTISE IN NOT-FOR-PROFIT TAX RETURN PREPARATION. A DETAILED REVIEW OF THE FORM 990 IS CONDUCTED FOR ANY CHANGES OR CORRECTIONS. AFTER REVIEW BY ALL OF THE AFOREMENTIONED INDIVIDUALS, THE INDEPENDENT PUBLIC ACCOUNTING FIRM CONDUCTS THEIR FINAL REVIEW, SIGNS AS PAID PREPARER AND ASSISTS WITH THE ELECTRONIC SUBMISSION OF THE FORM 990. UTILIZING THIS METHODOLOGY, A COPY OF THE FORM 990 IS PROVIDED TO EACH VOTING MEMBER OF THE ORGANIZATION'S GOVERNING BODY FOR REVIEW AND COMMENT PRIOR TO THE FORM 990 BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C UPON ELECTION TO THE BOARD OF DIRECTORS, ALL DIRECTORS ARE REQUIRED TO COMPLETE A WRITTEN CONFLICT OF INTEREST FORM IN CONNECTION WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. THE ORGANIZATION ALSO FOLLOWS THE PRACTICE OF UPDATING OFFICER AND DIRECTORS CONFLICT OF INTEREST INFORMATION IN WRITING ANNUALLY. THE ASSISTANT TO THE CEO MONITORS THE DISTRIBUTION AND SUBSEQUENT RECEIPT OF THE WRITTEN CONFLICT FORMS THAT ARE PROVIDED TO THE BOARD ON AN ANNUAL BASIS. WHEN THE COMPLETED FORMS HAVE BEEN RECEIVED, THE ASSISTANT TO THE CEO RECORDS AND REPORTS CONFLICTS, IF ANY, TO THE BOARD CHAIR AND THE CEO FOR THEIR REVIEW AND ACTION. ALL BOARD MEMBERS AND EMPLOYEE PERSONNEL ARE SUBJECT TO THE ORGANIZATION'S CONFLICT OF INTEREST POLICIES. ALL EMPLOYEES ARE REQUIRED TO ACT INDEPENDENTLY AND WITHOUT A CONFLICT OF INTEREST IN THE PERFORMANCE OF THEIR JOB DUTIES. IN ADDITION, AS PART OF THE BOARD MEMBERS' AND EMPLOYEE PERSONNELS' TRAINING ANY POTENTIAL CONFLICT OF INTEREST PROHIBITIONS AND SITUATIONS ARE COVERED AND DISCUSSED. THE ORGANIZATION HAS ESTABLISHED AN "OVERSIGHT COMPLIANCE COMMITTEE" COMPOSED OF DIRECTORS OF THE BOARD AND STAFFED BY THE CORPORATE COMPLIANCE OFFICER AND COMPLIANCE PERSONNEL. ALL POTENTIAL CONFLICTS OF INTEREST ARE INITIALLY REVIEWED BY THE CORPORATE COMPLIANCE OFFICER, COMPLIANCE PERSONNEL AND THE MANAGEMENT COMPLIANCE COMMITTEE AND AN INITIAL DETERMINATION OF POTENTIAL CONFLICTS IS MADE. THE POTENTIAL CONFLICT OF INTEREST AND THE INITIAL DETERMINATION IS THEN REPORTED TO, AND DISCUSSED WITH THE OVERSIGHT COMPLIANCE COMMITTEE OF THE BOARD WHICH MAKES THE FINAL DETERMINATION WITH REGARDS TO WHETHER A CONFLICT OF INTEREST DOES, OR DOES NOT EXIST. ANY PERSON, INCLUDING BOARD MEMBERS, OFFICERS, DIRECTORS, KEY EMPLOYEES AND / OR MANAGERS AND ALL EMPLOYEE PERSONNEL ARE PROHIBITED BY THE BOARD CONFLICT OF INTEREST POLICY FROM PARTICIPATING IN ANY TRANSACTION IN WHICH THE OVERSIGHT COMPLIANCE COMMITTEE HAS DETERMINED THAT A CONFLICT OF INTEREST EXISTS. THE OVERSIGHT COMPLIANCE COMMITTEE PROVIDES REPORTS OF ITS ACTIVITIES DIRECTLY TO THE BOARD OF THE ORGANIZATION. ANY PERSON FOUND TO HAVE KNOWINGLY VIOLATED THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS SUBJECT TO DISCIPLINARY ACTION AND / OR DISMISSAL. BOARD MEMBERS ARE GENERALLY REMINDED FROM TIME-TO-TIME AT BOARD AND COMMITTEE MEETINGS OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. BOARD AND COMMITTEE MEMBERS ARE ASKED TO DISCLOSE ANY ISSUE OR MATTER IN WHICH THEY HAVE A CONFLICT AS INDICATED ABOVE. THEY ARE ALSO ASKED TO ABSTAIN FROM VOTING ON SUCH MATTERS. EMPLOYEES ARE REMINDED ABOUT POTENTIAL CONFLICTS OF INTEREST THROUGH OUR CORPORATE AND MANDATORY TRAINING PROGRAMS. FORM 990, PART VI, SECTION B, LINE 15 ALL TEN ENTITIES ARE UNDER COMMON CONTROL AND FOLLOW THE SAME COMPENSATION PROCESS. THE BOARD OF DIRECTORS HAS ESTABLISHED A MANAGEMENT AND PERSONNEL COMMITTEE COMPRISED OF BOARD MEMBERS HAVING NO CONFLICT OF INTEREST WITH RESPECT TO COMPENSATION AND BENEFIT MATTERS TO BE ESTABLISHED FOR ALL SENIOR EXECUTIVES EMPLOYED BY THE ORGANIZATION. THE BOARD COMMITTEE UTILIZES STUDY DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS IN SIMILARLY SITUATED ORGANIZATIONS IN ITS DELIBERATIONS. DATA HAS BEEN COMPILED USING AN INDUSTRY JOB DESCRIPTION / CLASSIFICATION COMPENSATION STUDY WHICH FOCUSES ON MULTI-ORGANIZATION, MULTI-LOCATION, MULTI-LEVEL CARE SENIOR LIVING SERVICE ORGANIZATIONS IN THE UNITED STATES FOR COMPARATIVE COMPENSATION INFORMATION WHICH IS COMPARED TO THE UNITED METHODIST HOME'S SENIOR EXECUTIVE COMPENSATION LEVELS. UNITED METHODIST HOME'S KEY EMPLOYEE AND EXECUTIVE COMPENSATION LEVELS ARE REVIEWED ANNUALLY BY THE MANAGEMENT AND PERSONNEL COMMITTEE AND ARE SUBSEQUENTLY INCORPORATED, UPON APPROVAL BY THE BOARD, INTO THE ORGANIZATION'S ANNUAL BUDGET. THESE DISCUSSIONS ARE DOCUMENTED IN THE COMMITTEE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ANY OF THESE DOCUMENTS DIRECTLY AVAILABLE TO THE PUBLIC, BUT THEY ARE AVAILABLE UPON SPECIFIC REQUEST. FORM 990, PART VII: AS PREVIOUSLY DISCLOSED IN SCHEDULE O, THE BOARD OF DIRECTORS IS A COMMON BOARD. THE TIME SPENT AS REPORTED ON PART VII IS FOR THIS ORGANIZATION AS WELL AS THE RELATED ORGANIZATIONS REPORTED ON SCH. R. ADDITIONALLY, LEE ROBESON (ASSISTANT SECRETARY) IS AN HONORARY NON-VOTING MEMBER OF THE BOARD OF DIRECTORS AND HAS BEEN INCLUDED ON PART VII OF THIS FORM 990. ALSO, EFFECTIVE MAY 29, 2013 SHARON BERG AND EDWIN ROGERS, WHO HAD PREVIOUSLY BEEN HONORARY BOARD MEMBERS, BECAME VOTING MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART IX, LINE 11G CONSULTING & MGMT SERVICES: PROGRAM SERVICE EXPENSES 50,354. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,354. ADMINISTRATIVE SERVICES: PROGRAM SERVICE EXPENSES 439,900. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 439,900. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF DERIVATIVE INSTRUMENTS 121,312. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY OVER THE AUDIT. NEITHER THE OVERSIGHT PROCESS OR SELECTION PROCESS HAS CHANGED SINCE THE PRIOR YEAR. FORM 990, PART VI, SECTION A, LINE 2: ON AN ANNUAL BASIS, THE ORGANIZATION PROVIDES A QUESTIONNAIRE TO ALL BOARD MEMBERS WHICH ADDRESSES ANY POTENTIAL BUSINESS OR FAMILY RELATIONSHIP BETWEEN OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES. BASED ON THE RESPONSES, THERE ARE NO FAMILY OR BUSINESS RELATIONSHIPS IDENTIFIED BETWEEN OFFICERS, DIRECTORS, TRUSTEES, OR KEY EMPLOYEES WHICH WOULD REQUIRE DISCLOSURE ON THE FORM 990. PART V, LINE 2A ALL W-2 FORMS ARE ISSUED BY UMH MANAGEMENT SERVICES CORP. WHICH ACTS AS THE COMMON PAYMASTER FOR ALL RELATED ENTITIES OPERATING UNDER THE BRAND NAME "UNITED METHODIST HOMES". WESLEY TOWERS INC 10 ACRE PLACE BINGHAMTON NY 13904 237095034 INACTIVE PA 501 (C)(3) LINE 11A UMH NY CORP 0 BROOKS CENTER INC 10 ACRE PLACE BINGHAMTON NY 13904 161446116 INACTIVE NY 501 (C)(3) LINE 11A UMH NY CORP 0 UNITED METHODIST HOMES FOUNDATION 10 ACRE PLACE BINGHAMTON NY 13904 161401063 FUNDRAISING NY 501 (C)(3) LINE 11A UMH NY CORP 0 UMH ECM CORP 10 ACRE PLACE BINGHAMTON NY 13904 161421889 NURSING HOME NY 501 (C)(3) LINE 11A UMH NY CORP 0 UMH NY CORP 10 ACRE PLACE BINGHAMTON NY 13904 240856145 NURSING AND RESIDENT SERVICES NY 501 (C)(3) LINE 9 N/A 0 UMH PA CORP 10 ACRE PLACE BINGHAMTON NY 13904 223266577 NURSING AND RESIDENT SERVICES PA 501 (C)(3) LINE 11A UMH NY CORP 0 GRAND CARE CENTER 10 ACRE PLACE BINGHAMTON NY 13904 222902920 DAY CARE SERVICES NY 501 (C)(3) LINE 9 UMH NY CORP 0 UMH JGJ CORP 10 ACRE PLACE BINGHAMTON NY 13904 161421888 NURSING HOME NY 501 (C)(3) LINE 11A UMH NY CORP 0 THE GRACE VIEW MANOR NURSING HOME CORPORATION 10 ACRE PLACE BINGHAMTON NY 13904 223180239 NURSING HOME NY 501 (C)(3) LINE 11A UMH NY CORP 0 0 0 0 1 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0