2014-12-17T16:07:18-06:00 2014-06-30 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2013-07-01 231352284 INGLIS HOUSE INGL 2158785600 2600 BELMONT AVENUE PHILADELPHIA PA 19131 KEVIN KELLY CFO 2158785600 2014-12-16 1 JULIUS GREEN CPA P00350393 2159720701 2013 2015-11-30 17:44:51Z KEVIN KELLY 2600 BELMONT AVENUE PHILADELPHIA PA 19131 76666473 0 X WWW.INGLIS.ORG X 1877 PA OPERATION OF A NURSING FACILITY FOR PEOPLE WITH SEVERE PHYSICAL DISABILITIES. 4 4 680 1242 0 0 1998480 1424087 42634659 43760243 6492970 10507895 122266 337665 51248375 56029890 0 56076 0 0 31050152 32046748 0 0 0 20694216 21533001 51744368 53635825 -495993 2394065 145590756 159290334 40240249 43820497 105350507 115469837 X INGLIS' MISSION IS TO ENABLE PEOPLE WITH DISABILITIES - AND THOSE WHOCARE FOR THEM - TO ACHIEVE THEIR GOALS AND LIVE LIFE TO THE FULLEST.THIS MISSION IS ACCOMPLISHED THROUGH A RANGE OF PROGRAMS, FACILITIES,AND STRATEGIC INITIATIVES DESIGNED TO EMPOWER ADULTS (AGES 18 AND OLDER) WITH SEVERE PHYSICAL DISABILITIES. THE INGLIS ORGANIZATION GREWOUT OF THE WORK OF INGLIS HOUSE, A PUBLIC CHARITY FOUNDED IN 1877, TOPROVIDE LONG-TERM, REHABILITATIVE MEDICAL AND NURSING CARE FOR PEOPLEWITH PHYSICAL DISABILITIES. TODAY, INGLIS IS A NATIONAL LEADER INPROVIDING COMPREHENSIVE CARE AND SERVICES FOR PEOPLE WITH PARALYSIS,MULTIPLE SCLEROSIS, CEREBRAL PALSY, SPINAL CORD AND OTHER NEUROLOGICALDISORDERS. INGLIS SUPPORTS ITS CONSUMERS WITH 24-HOUR CARE AT INGLISHOUSE, A 297 BED SKILLED NURSING FACILITY; ACROSS THE REGION THROUGH208 AFFORDABLE, ACCESSIBLE APARTMENTS IN SOUTHEASTERN PA AND SOUTHERNNJ; AND IN THE COMMUNITY THROUGH CARE MANAGEMENT, ADULT DAY ANDEMPLOYMENT SERVICES PROGRAMS. 0 0 44850750 56076 43843510 INGLIS' MISSION IS TO ENABLE PEOPLE WITH DISABILITIES - AND THOSE WHO CARE FOR THEM - TO ACHIEVE THEIR GOALS AND LIVE LIFE TO THE FULLEST. THIS MISSION IS ACCOMPLISHED THROUGH A RANGE OF PROGRAMS, FACILITIES AND STRATEGIC INITIATIVES DESIGNED TO EMPOWER ADULTS (AGES 18 AND OLDER) WITH SEVERE PHYSICAL DISABILITIES. THE INGLIS ORGANIZATION GREW OUT OF THE WORK OF INGLIS HOUSE, A PUBLIC CHARITY FOUNDED IN 1877 TO PROVIDE LONG-TERM, REHABILITATIVE MEDICAL AND NURSING CARE FOR PEOPLE WITH PHYSICAL DISABILITIES. TODAY, INGLIS IS A NATIONAL LEADER IN PROVIDING COMPREHENSIVE CARE AND SERVICES FOR PEOPLE WITH PARALYSIS, MULTIPLE SCLEROSIS, CEREBRAL PALSY, SPINAL CORD AND OTHER NEUROLOGICAL DISORDERS. INGLIS SUPPORTS ITS CONSUMERS WITH 24-HOUR CARE AT INGLIS HOUSE, A 297-BED SKILLED NURSING FACILITY; ACROSS THE REGION THROUGH 269 AFFORDABLE, ACCESSIBLE APARTMENTS IN SOUTHEASTERN PA AND SOUTHERN NJ; AND IN THE COMMUNITY THROUGH CARE MANAGEMENT, ADULT DAY AND EMPLOYMENT SERVICES PROGRAMS.DURING FISCAL YEAR 2014, INGLIS SERVED OVER 1,000 PEOPLE DIRECTLY, AND MANY MORE INDIRECTLY THROUGH ACCESSIBLE HOUSING, COMMUNITY SUPPORT SERVICES, ITS WEBSITE, WWW.INGLIS.ORG, THE INGLIS AWARDS IN CONTINUING EXCELLENCE PROGRAM AND OTHER OUTREACH ACTIVITIES.PROGRAM/SERVICES ACCOMPLISHMENTSINGLIS HOUSE OFFERS ITS 297 ADULT RESIDENTS A FULL RANGE OF PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES; SOCIAL ENRICHMENT PROGRAMS INCLUDING COMPUTER AND EDUCATION PROGRAMS, EMPLOYMENT OPPORTUNITIES AND RELIGIOUS PROGRAMS IN A VIBRANT COMMUNITY CHARACTERIZED BY DIGNITY AND RESPECT. THE AVERAGE AGE OF RESIDENTS IS 56, AND THE AVERAGE LENGTH OF STAY IS 10.25 YEARS. INGLIS IS DESIGNATED AS A CENTER FOR THE PROMOTION OF EXCELLENCE IN LONG TERM CARE BY THE NATIONAL MULTIPLE SCLEROSIS SOCIETY. ONLY NINE OTHER ORGANIZATIONS IN THE US HAVE EARNED THIS DESIGNATION.PLANNING CONTINUED IN THE MULTI-YEAR STRATEGIC INITIATIVE (WHICH BEGAN IN FY 2011) TO TRANSFORM INGLIS HOUSE FROM AN INSTITUTIONAL MODEL TO SMALLER HOUSEHOLDS, ADAPTING PERSON CENTERED CARE (PCC) BEST PRACTICES TO SERVE OUR COMMUNITY. IN FY 2014 WE ESTABLISHED A PILOT NEIGHBORHOOD AND HAVE BEEN WORKING WITH STAFF, RESIDENTS AND FAMILY MEMBERS TO BRING THE PROGRAM FROM CONCEPT TO REALITY THERE. ACCOMPLISHMENTS INCLUDE:- CREATED A NEIGHBORHOOD DESIGN TEAM OF RESIDENTS, STAFF, AND FAMILY MEMBERS TO DEFINE THE VISION FOR THE NEIGHBORHOOD. THE TEAM IDENTIFIED PROJECTS ON OUR PILOT NEIGHBORHOOD AROUND PCC-IDENTIFIED PRIORITIES RELATED TO STAFFING, RENOVATIONS, DECISION MAKING AND COMMUNICATIONS.HIGHLIGHTS OF OTHER INGLIS HOUSE PROGRAMS INCLUDE:- THE INGLIS ADAPTED TECHNOLOGY PROGRAM (ATP) PROVIDES A VITAL CONNECTION FOR INGLIS RESIDENTS AND ADULT DAY CLIENTS TO ACCESS TECHNOLOGY FOR EDUCATIONAL, RECREATIONAL AND SOCIAL PURPOSES. IN FY 2014, MORE THAN 50% OF INGLIS RESIDENTS USED THE COMPUTER LAB REGULARLY, LOGGING APPROXIMATELY 2,245 HOURS PER MONTH AND OVER 26,000 HOURS DURING THE FISCAL YEAR. THE DEPARTMENT IS SOUGHT OUT TO PROVIDE AT EDUCATION AND HANDS ON EXPERIENCE TO SUPPORT THE EDUCATION OF OCCUPATIONAL, PHYSICAL, SPEECH AND RECREATION THERAPISTS AS WELL AS MEDICAL AND NURSING STUDENTS AT DREXEL UNIVERSITY, TEMPLE UNIVERSITY, PHILADELPHIA UNIVERSITY, HARCUM COLLEGE, UNIVERSITY OF THE SCIENCES, UNIVERSITY OF PENNSYLVANIA AND THOMAS JEFFERSON UNIVERSITY.THE COMMUNITY COMPUTING PROGRAM HAS RECEIVED FUNDING FROM PEW CHARITABLE TRUSTS TO PROVIDE 3 MORE YEARS OF COMPUTER ACCESS ASSESSMENT AND TRAINING TO PEOPLE WITH DISABILITIES LIVING IN THE COMMUNITY. WE HAVE PARTNERED WITH THE LIBRARY FOR THE BLIND AND PHYSICALLY DISABLED, MAGEE REHAB, ALS FOUNDATION, MDA/ALS HOPE FOUNDATION, HELP USA (AN ORGANIZATION THAT PROVIDES SUPPORTIVE SERVICES TO HELP PEOPLE BECOME AND REMAIN INDEPENDENT), PATF (PENNSYLVANIA ASSISTIVE TECHNOLOGY FOUNDATION), AND OTHERS. WE CONTINUE TO NETWORK AND FORM PARTNERSHIPS WITH OTHER TRI-STATE ORGANIZATIONS THAT SERVE THE DISABLED COMMUNITY. WE HAVE RECEIVED DONOR FUNDS THAT HAVE BEEN USED TO SET UP OUR FIRST E-LIBRARY. USING TECHNOLOGY THAT THEY ARE PROFICIENT WITH, RESIDENTS CAN ACCESS ON-LINE BOOKS ON ONE OF THREE DEDICATED COMPUTERS. - MANY INGLIS RESIDENTS CONTINUE TO SERVE AS PEERS (PENNSYLVANIA'S EMPOWERED EXPERT RESIDENTS) - OMBUDSMEN FOR FELLOW RESIDENTS IN THE STATE'S PIONEERING PROGRAM. - INGLIS SERVED AS A TRAINING SITE FOR ROBERT WOOD JOHNSON SCHOLARS FROM THE UNIVERSITY OF PENNSYLVANIA'S PERELMAN SCHOOL OF MEDICINE. THE SCHOLARS CONDUCT RESEARCH IN LONG-TERM CARE FACILITIES IN AN EFFORT TO DISSEMINATE BEST PRACTICES. - THE INGLIS COMMUNITY IS SUPPORTED BY AN ACTIVE NETWORK OF VOLUNTEERS INCLUDING MANY REGIONAL COLLEGE AND UNIVERSITY STUDENTS, FAITH BASED GROUPS AND DEDICATED INDIVIDUALS WHO PROVIDE PROGRAMMATIC SUPPORT AND ENCOURAGEMENT TO RESIDENTS. IN FY 2014 VOLUNTEERS PROVIDED OVER 19,271 HOURS OF SERVICE (AVERAGING 1,606 HOURS/MONTH).- THE INGLIS COMMUNITY REENTRY PROGRAM HELPS RESIDENTS PREPARE TO LIVE INDEPENDENTLY IN THE COMMUNITY. THE SIX-STEP PROGRAM PROVIDES PRACTICAL EXPERIENCES THAT TRAIN RESIDENTS IN THE SKILLS THEY NEED TO LEAD SAFE AND SUCCESSFUL INDEPENDENT LIVES. IN FY 2014, INGLIS HELPED SIX INDIVIDUALS TO REALIZE THE DREAM OF LIVING INDEPENDENTLY IN THEIR OWN ACCESSIBLE APARTMENT. 44850750 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 1 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 77 0 1 680 1 0 0 0 0 0 1 1 0 0 0 0 X 4 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X KEVIN KELLY CFO 2158785600 2600 BELMONT AVENUE PHILADELPHIA PA 19131 X LAUREN DEBRUICKER CHAIR 0.10 1.00 X X 0 0 0 WON SHIN VICE CHAIR 0.10 1.00 X X 0 0 0 THOMAS SIBSON TREASURER 0.10 1.00 X X 0 0 0 THEODORE ROBB SECRETARY 0.10 1.00 X X 0 0 0 GAVIN KERR PRESIDENT & CEO 2.00 38.00 X 0 480273 24131 KEVIN KELLY VP, CHIEF FINANCIAL OFFICER 2.00 38.00 X 0 204272 24320 TRACIE GILES VP, CHIEF INTEGRITY OFFICER 0.10 40.00 X 0 193275 9621 LEA FRONTINO VP, INNOVATION & STRATEGIC PROJECTS 6.00 34.00 X 0 173441 9629 BETTY MARMON VP, DEVELOPMENT & EXTERNAL AFFAIRS 1.00 39.00 X 0 159309 15342 CHERYL WHITFIELD VP, HUMAN RESOURCES 2.00 38.00 X 0 152992 16565 WILLIAM GRIM CO-EXECUTIVE DIRECTOR/ADMINISTRATOR 40.00 0.00 X 143990 0 10742 MARJORIE HARDING CO-EXECUTIVE DIRECTOR & DON 40.00 0.00 X 124484 0 21749 HAROLD STRAWBRIDGE DIRECTOR OF INNOVATION 0.10 40.00 X 0 121698 17822 JOSEPHINE MAURIZI CLINICAL REIMBURSEMENT CO-DIRECTOR 40.00 0.00 X 117786 0 15294 CHRISTOPHER MARSHALL CONTROLLER 5.00 35.00 X 0 117385 10530 386260 1602645 175745 4 0 1 0 HCSC LAUNDRY INC PO BOX 25092 LEHIGH VALLEY PA 18002 LAUNDRY SERVICE 387414 SODEXO INC PO BOX 905374 CHARLOTTE NC 28290 FOOD SERVICE & HOUSEKEEPING 356129 BRISTOL RESCUE COMPANY 5827 EMILIE ROAD LEVITTOWN PA 19057 TRANSPORTATION SERVICE 227974 HEALTHCARE STAT INC 9537 BUSTLETON AVENUE PHILADELPHIA PA 19115 ELEVATOR CONTRACTOR 221900 CODE ELEVATOR INC 420 FEHELEY DRIVE SUITE B KING OF PRUSSIA PA 19406 ELEVATOR CONTRACTOR 199990 8 17035 132494 1274558 5109 1424087 NET RESIDENT SERVICE REVENUE 623000 38477779 38477779 PA NURSING HOME ASSESSMENT 623000 4691058 4691058 DAY VISITOR REVENUE 623000 486506 486506 INTERCOMPANY OFFICE RENT REVENUE 623000 84900 84900 MANAGEMENT FEES 623000 20000 20000 43760243 2414080 2414080 28699960 20606145 8093815 8093815 8093815 42149 132494 30438 11711 11711 CAFETERIA & DIETARY REVENUE 623000 225412 225412 MISC MA PAYMENTS 623000 83267 83267 INSURANCE REIMBURSEMENT 900099 10503 10503 6772 6772 325954 56029890 43843510 0 10762293 56076 56076 22483527 21318427 1165100 1445310 1367620 77690 6407630 6236020 171610 1710281 1622534 87747 30007 30007 92446 92446 297603 297603 2768234 2167739 600495 20890 240 20650 1936410 1593845 342565 871148 759868 111280 305729 298851 6878 22450 18672 3778 1217735 1217735 2227796 2227796 758549 758549 SUPPORT SERVICES FEE 5600278 5600278 PA NURSING HOME ASSESSM 3071490 3071490 DIETARY COSTS 1303861 1303772 89 MEDICAL SUPPLIES 537519 537519 470856 293997 176859 53635825 44850750 8785075 0 13421 14022 6494714 6317744 6700443 6521240 95137 96488 616234 989276 64554970 51120528 14438751 13434442 93740739 104786754 3942344 5311950 19548973 21818418 145590756 159290334 9180578 10749676 23500000 23500000 7559671 9570821 40240249 43820497 X 57307589 63562466 12899584 10499779 35143334 41407592 105350507 115469837 145590756 159290334 X 2394065 5587348 2137917 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 116687592 18356526 3500042 245702 131298374 45235371 342739 -1955619 4420427 48042918 24713292 224302 -3507473 23805250 45235371 17262364 2741775 20004139 16001835 1260529 17262364 0.62200 0.31540 0.06260 1 0 1352478 1352478 53205446 42909889 10295557 8657932 7744461 913471 1339114 466178 872936 13434442 THIRD-PARTY PAYOR SETTLEMENTS, MEDICAL ASSISTANCE 400668 ESCROWED ASSETS AND OTHER ASSETS 132050 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 21218767 DEFERRED FINANCING COSTS 66933 21818418 RESIDENT TRUST FUNDS 435197 DERIVATIVE FINANCIAL INSTRUMENT 2547632 DUE TO AFFILIATES 6587992 9570821 X 63400394 5587348 1784238 7371586 56028808 1082 1082 56029890 53281064 -1082 -1082 53282146 297603 56076 353679 53635825 PART V, LINE 4: THE HOUSE'S ENDOWMENTS CONSIST OF VARIOUS FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENTS ARE DONOR RESTRICTED AND BOARD-DESIGNATED ENDOWMENT FUNDS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING NET ASSETS DESIGNATED BY THE BOARD OF DIRECTORS AS ENDOWMENT FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. INVESTMENT RETURNS ON ENDOWMENT FUNDS ARE SPENT IN ACCORDANCE WITH THE SPECIFICATIONS OF THE DONOR RESTRICTIONS AND IN ACCORDANCE WITH THE POLICIES ESTABLISHED BY THE BOARD OF DIRECTORS. IN PRIOR YEARS, THE PORTION OF ENDOWMENT FUNDS THAT WAS BOARD-DESIGNATED WAS NOT REPORTED ON SCHEDULE D. THIS ACCOUNTS FOR THE DIFFERENCE IN THE ENDING BALANCE IN COLUMN (B) AND THE BEGINNING BALANCE IN COLUMN (A), LINE 1 OF SCHEDULE D, PART V. PART X, LINE 2: INGLIS HOUSE 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 THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2014 OR 2013. THE BUSINESS ORGANIZATION EXEMPT INCOME TAX RETURNS FOR INGLIS HOUSE FOR THE YEARS PRIOR TO 2011 ARE NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: VALUATION GAIN, BENEFICIAL INTEREST IN PERPETUAL TRUSTS 2,267,507. CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 698,935. PENSION LIABILITY ADJUSTMENT -828,525. NET TRANSFER TO AFFILIATE -56,076. INVESTMENT EXPENSES -297,603. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING INCOME 1,082. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING INCOME -1,082. PART XII, LINE 4B - OTHER ADJUSTMENTS: NET TRANSFER TO AFFILIATE 56,076. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 4504233 0 0 0 0 0 0 4504233 0 4504233 0 0 1 0 0 0 GOLF OUTING 174643 132494 42149 27896 2542 174643 132494 42149 27896 2542 30438 11711 1 INGLIS FOUNDATION 2600 BELMONT AVENUE PHILADELPHIA PA 19131 232326553 501(C)(3) 56076 RELATED PARTY ASSISTANCE 1 PART I, LINE 2: INGLIS HOUSE TYPICALLY DOES NOT PROVIDE GRANTS TO OTHER ORGANIZATIONS. THIS YEAR, INGLIS HOUSE TRANSFERRED FUNDS TO ITS NON-PROFIT PARENT ENTITY. 0 0 0 0 0 0 0 0 0 GAVIN KERR PRESIDENT & CEO 0 380273 0 100000 0 0 0 11700 0 12431 0 504404 0 0 KEVIN KELLY VP, CHIEF FINANCIAL OFFICER 0 204272 0 0 0 0 0 6419 0 17901 0 228592 0 0 TRACIE GILES VP, CHIEF INTEGRITY OFFICER 0 193275 0 0 0 0 0 5697 0 3924 0 202896 0 0 LEA FRONTINO VP, INNOVATION & STRATEGIC PROJECTS 0 173441 0 0 0 0 0 5105 0 4524 0 183070 0 0 BETTY MARMON VP, DEVELOPMENT & EXTERNAL AFFAIRS 0 159309 0 0 0 0 0 5010 0 10332 0 174651 0 0 CHERYL WHITFIELD VP, HUMAN RESOURCES 0 152992 0 0 0 0 0 4786 0 11779 0 169557 0 0 WILLIAM GRIM CO-EXECUTIVE DIRECTOR/ADMINISTRATOR 143990 0 0 0 0 0 4321 0 6421 0 154732 0 0 0 PART I, LINE 3 COMPENSATION POLICY OF RELATED ORGANIZATION: THE PARENT ORGANIZATION, INGLIS FOUNDATION, RETAINS AN EXTERNAL FIRM TO CONDUCT MARKET STUDIES AND MAKE RECOMMENDATIONS FOR COMPENSATION. EXECUTIVE COMPENSATION IS EVALUATED ANNUALLY AND THE FINDINGS ARE PRESENTED TO THE BOARD OF TRUSTEES FOR APPROVAL OF COMPENSATION PACKAGE. AN ANNUAL BENCHMARK IS CONDUCTED FOR EXECUTIVE COMPENSATION AND FOR ANY POSITION THAT IS IN HIGH DEMAND, AND AN EXTERNAL FIRM PROVIDES OVERALL TRENDS FOR THE YEAR. COMPENSATION HAS BEEN REVIEWED IN 2014. THE ORGANIZATION USES THIS POLICY TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT/CEO: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, FORM 990 OF OTHER ORGANIZATIONS, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION A, LINE 1 THERE SHALL BE AN EXECUTIVE COMMITTEE OF THE CORPORATION WHICH SHALL CONSIST OF THE OFFICERS OF THE CORPORATION. THIS COMMITTEE SHALL, WHENEVER IN ITS JUDGMENT IT APPEARS NECESSARY, ACT FOR THE CORPORATION BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 INGLIS FOUNDATION, A PENNSYLVANIA NON-PROFIT CORPORATION, IS THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBER SHALL HAVE ALL POWERS, RIGHTS AND AUTHORITY VESTED IN VOTING MEMBERS OF A PENNSYLVANIA NON-PROFIT CORPORATION INCLUDING THE POWER TO ELECT, APPOINT AND REMOVE DIRECTORS AND OFFICERS OF THE CORPORATION. THE OFFICERS OF THE CORPORATION SHALL BE ELECTED BY THE MEMBER AT ITS ANNUAL MEETING. WITH THE EXCEPTION OF THE CEO, THE OFFICERS OF THE CORPORATION SHALL BE DIRECTORS. EACH OFFICER SHALL HOLD OFFICE UNTIL A SUCCESSOR SHALL HAVE BEEN DULY ELECTED AND QUALIFIED. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER SHALL HAVE ALL POWERS, RIGHTS AND AUTHORITY VESTED IN VOTING MEMBERS OF A PENNSYLVANIA NON-PROFIT CORPORATION INCLUDING THE FOLLOWING: (A) THE POWER TO AMEND THE CORPORATION'S ARTICLES OF INCORPORATION AND BYLAWS, (B) THE POWER TO ELECT, APPOINT AND REMOVE DIRECTORS AND OFFICERS OF THE CORPORATION, (C) THE POWER TO INCUR INDEBTEDNESS, AND (D) THE POWER TO SELL OR TRANSFER ITS ASSETS OTHER THAN IN THE ORDINARY COURSE OF BUSINESS. THE MEMBER SHALL HAVE THE AUTHORITY TO TAKE THE ACTIONS SET FORTH IN THE MEMBER'S BYLAWS WITH RESPECT TO THE CORPORATION, IN ADDITION TO ALL MATTERS REQUIRED BY THE PENNSYLVANIA NONPROFIT CORPORATION LAW ("PANPCL") OR THE CORPORATION'S ARTICLES OF INCORPORATION OR BY OTHER PROVISIONS OF THESE BYLAWS WHICH REQUIRE APPROVAL BY THE MEMBER. ANY INCONSISTENCIES BETWEEN THESE BYLAWS AND THOSE OF THE MEMBER SHALL BE RESOLVED IN FAVOR OF THE BYLAWS OF THE MEMBER. FORM 990, PART VI, SECTION B, LINE 11 THE PREPARED 990 WAS REVIEWED BY THE AUDIT COMMITTEE AND PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES OF INGLIS FOUNDATION AND RELATED ENTITIES MUST ENSURE THAT CUSTOMER CARE AND BUSINESS ACTIVITIES ARE CONDUCTED IN AN OBJECTIVE MANNER AND ARE NOT MOTIVATED BY DESIRE FOR PERSONAL OR FINANCIAL GAIN. ALL EMPLOYEES ARE REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO HIS OR HER MANAGER, HUMAN RESOURCES OR THE CHIEF ETHICS AND COMPLIANCE OFFICER FOR APPROPRIATE DETERMINATION AND RESOLUTION. IN ADDITION, ALL DIRECTORS, OFFICERS, MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS AND ALL SENIOR MANAGERS MUST COMPLETE A CONFLICT OF INTEREST AFFIRMATION OF COMPLIANCE AND DISCLOSURE STATEMENT UPON HIRING, ON AN ANNUAL BASIS, AND WHEN A POTENTIAL CONFLICT OF INTEREST ARISES. THE FOUNDATION'S COMMITTEE ON THE BOARD HAS RESPONSIBILITY FOR REVIEWING THE DISCLOSURE STATEMENTS AND ENFORCING THE POLICY. IF A CONFLICT IS DEEMED TO BE PRESENT BY THE COMMITTEE ON THE BOARD, ONLY DISINTERESTED BOARD MEMBERS MAY PARTICIPATE IN A VOTE OF THE PROPOSED TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE PARENT ORGANIZATION, INGLIS FOUNDATION, RETAINS AN EXTERNAL FIRM TO CONDUCT MARKET STUDIES AND MAKE RECOMMENDATIONS FOR COMPENSATION. NON-UNION, NON-EXECUTIVE ROLES ARE EVALUATED EVERY 2-3 YEARS BASED ON MARKET FLUCTUATIONS OR DEMAND. EXECUTIVE COMPENSATION IS EVALUATED ANNUALLY AND THE FINDINGS ARE PRESENTED TO THE "COMMITTEE ON THE BOARD" FOR APPROVAL OF COMPENSATION PACKAGE. THE FOUNDATION'S "COMMITTEE ON THE BOARD" IS A SUBCOMMITTEE OF THE BOARD THAT IS RESPONSIBLE FOR COMPENSATION REVIEW, AND THE DECISIONS REGARDING COMPENSATION ARE DOCUMENTED IN COMMITTEE MEETING MINUTES. AN ANNUAL BENCHMARK IS CONDUCTED FOR EXECUTIVE COMPENSATION AND FOR ANY POSITION THAT IS IN HIGH DEMAND, AND AN EXTERNAL FIRM PROVIDES OVERALL TRENDS FOR THE YEAR. COMPENSATION HAS BEEN REVIEWED IN 2014. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, LINE 1A BOARD MEETINGS INGLIS HOUSE HAS ONE BOARD MEETING PER YEAR WHICH LASTS ABOUT 10 MINUTES. FORM 990, PART XI, LINE 9: VALUATION GAIN, BENEFICIAL INTEREST IN PERPETUAL TRUSTS 2,267,507. CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 698,935. PENSION LIABILITY ADJUSTMENT -828,525. FORM 990, PART IV, LINE 24 INGLIS HOUSE IS NOT REQUIRED TO FILE SCHEDULE K FOR ITS TAX-EXEMPT BONDS SINCE THE BONDS WERE ISSUED BEFORE JANUARY 1, 2003. INGLIS FOUNDATION 2600 BELMONT AVENUE PHILADELPHIA PA 19131 232326553 TO PROVIDE STRATEGIC PLANNING, FUNDRAISING, AND PUBLIC RELATION FOR INGLIS PA 501(C)(3) LINE 11A, I N/A 0 INGLIS HOUSING CORPORATION 2600 BELMONT AVENUE PHILADELPHIA PA 19131 232326550 TO PROVIDE HOUSING TO LOW INCOME PERSONS WITH PHYSICAL DISABILITIES PA 501(C)(3) LINE 11A, I INGLIS FOUNDATION 0 EASTWICK SECTION 811 HOUSING CORPORATION 2600 BELMONT AVENUE PHILADELPHIA PA 19131 132802083 TO PROVIDE HUD FUNDED HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES PA 501(C)(3) LINE 9 INGLIS HOUSING CORPORATION 0 EASTWICK II SECTION 811 HOUSING CORPORATION 2600 BELMONT AVENUE PHILADELPHIA PA 19131 233001829 TO PROVIDE HUD FUNDED HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES PA 501(C)(3) LINE 9 INGLIS HOUSING CORPORATION 0 EVESHAM SECTION 811 HOUSING CORPORATION 2600 BELMONT AVENUE PHILADELPHIA PA 19131 233079514 TO PROVIDE HUD FUNDED HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES PA 501(C)(3) LINE 9 INGLIS HOUSING CORPORATION 0 WASHINGTON LANE SECTION 811 HOUSING CORPORATION 2600 BELMONT AVENUE PHILADELPHIA PA 19131 470913445 TO PROVIDE HUD FUNDED HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES PA 501(C)(3) LINE 9 INGLIS HOUSING CORPORATION 0 GERMANTOWN SECTION 811 HOUSING CORPORATION 2600 BELMONT AVENUE PHILADELPHIA PA 19131 201952464 TO PROVIDE HUD FUNDED HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES PA 501(C)(3) LINE 9 INGLIS HOUSING CORPORATION 0 INGLIS APARTMENTS AT ELMWOOD LP 2600 BELMONT AVENUE PHILADELPHIA PA 19131 204681229 TO OWN AND OPERATE HOUSING UNITS FOR PERSONS WITH PHYSICAL DISABILITIES PA N/A INGLIS COTTAGES AT BERKS COUNTY LP 2600 BELMONT AVENUE PHILADELPHIA PA 19131 232826225 TO OWN AND OPERATE HOUSING UNITS FOR PERSONS WITH PHYSICAL DISABILITIES PA N/A MISSION GREEN LP 2600 BELMONT AVENUE PHILADELPHIA PA 19131 383880288 TO OWN AND OPERATE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS PA N/A INGLIS APARTMENTS AT ELMWOOD INC 2600 BELMONT AVENUE PHILADELPHIA PA 19131 204681135 TO PROVIDE HOUSING FOR PERSONS WITH PHYSICAL DISABILITIES PA INGLIS HOUSING CORPORATION C -36 866 1.00000 0 INGLIS APARTMENTS AT MISSION GREEN INC 2600 BELMONT AVENUE PHILADELPHIA PA 19131 462482630 TO PROVIDE AFFORDABLE HOUSING UNITS FOR LOW INCOME HOUSEHOLDS PA INGLIS HOUSING CORPORATION C 656 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1