2013-07-18T17:25:50-05:00 2012-12-31 520547375 MCLEAN KOEHLER SPARKS & HAMMOND 11311 MCCORMICK ROAD SUITE 100 HUNT VALLEY MD 21031 990 2012-01-01 520591603 GENERAL GERMAN AGED PEOPLES HOME OF BALTIMORE GENE 4103396000 800 SOUTHERLY ROAD TOWSON MD 21286 SALVATORE MOLITE JR 4103366000 2013-07-11 1 PAUL M STECKEL CPA P00168979 4102966200 2012 2016-02-24 21:20:13Z EDENWALD SALVATORE MOLITE JR 800 SOUTHERLY ROAD TOWSON MD 21286 68852416 0 X WWW.EDENWALD.ORG X 1881 MD THE GENERAL GERMAN AGED PEOPLE'S HOME OF BALTIMORE IS A MARYLAND NOT-FOR-PROFIT ORGANIZATION THAT OPERATES A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY ("EDENWALD"), WHICH WAS OPENED FOR OCCUPANCY IN SEPTEMBER 1985, AND PROVIDES SERVICES THROUGH A COMBINATION OF APARTMENTS, ASSISTED LIVING AND COMPREHENSIVE CARE ACCOMMODATIONS. EDENWALD PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO ARE NOT ABLE TO PAY THEIR MONTHLY FEES. IN 2012, EDENWALD PROVIDED ASSISTANCE OF $196,881 TO 9 RESIDENTS OF THE FACILITY. 16 16 471 0 0 0 596852 105443 20904236 21703401 595698 2392777 0 0 22096786 24201621 176333 196881 0 0 10685718 11110965 0 0 0 12903264 12884986 23765315 24192832 -1668529 8789 120180564 119534603 110556755 109740468 9623809 9794135 X THE GENERAL GERMAN AGED PEOPLE'S HOME OF BALTIMORE IS A MARYLAND NOT-FOR-PROFIT ORGANIZATION THAT OPERATES A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY ("EDENWALD"), WHICH WAS OPENED FOR OCCUPANCY IN SEPTEMBER 1985, AND PROVIDES SERVICES THROUGH A COMBINATION OF APARTMENTS, ASSISTED LIVING AND COMPREHENSIVE CARE. EDENWALD PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO ARE NOT ABLE TO PAY THEIR MONTHLY FEES. IN 2012, EDENWALD PROVIDED ASSISTANCE OF $196,881 TO 9 RESIDENTS OF THE FACILITY. 0 0 7444197 16195743 RESIDENTS' SERVICES 7178756 4872775 ASSISTED LIVING AND COMPREHENSIVE CARE 5517363 HOUSEKEEPING, LAUNDRY & DIETARY 1756930 PROPERTY OPERATIONS & MAINTENANCE 1756930 21897246 1 1 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 67 0 1 471 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X KEN BULLOCK 4103396013 800 SOUTHERLY ROAD TOWSON MD 21286 LAWRENCE S COOK 0.00 X 0 0 0 JOHN H DITTO JR 0.00 X X 0 0 0 ANNE T GARRETT 0.00 X 0 0 0 WILLIAM L HERMANN 0.00 X 0 0 0 DANIEL JUDGE 0.00 X X 0 0 0 SALLY RANSOM KNECHT 0.00 X 0 0 0 BRUCE J MATTHEISS 0.00 X 0 0 0 FRANCIS B PALUMBO 0.00 X X 0 0 0 F CARVEL PAYNE 0.00 X 0 0 0 ROBERT L SEEGER 0.00 X 0 0 0 GERHARD H SIEBERT 0.00 X X 0 0 0 CORY SILKMAN 0.00 X 0 0 0 DEBRA S WERTHEIMER MD 0.00 X X 0 0 0 SCOTT B ENSOR 0.00 X 0 0 0 DR GEORGE HOHL 0.00 X 0 0 0 S NELSON WEEKS 0.00 X 0 0 0 SALVATORE MOLITE JR 40.00 X 265828 0 13588 WILLIAM GARRETT JR 40.00 X 167299 0 12841 DIANE L STINCHCOMB 40.00 X 113716 0 9314 KENNETH L BULLOCK 40.00 X 125728 0 11208 ANDREW T JONES 40.00 X 111369 0 10757 783940 0 57708 5 0 1 0 TOTAL HOME 3 GLEN ALPINE ROAD PHOENIX MD 21131 REMODELING 168075 MCLEAN KOEHLER SPARKS & HAMMOND 11311 MCCORMICK RDSTE 100 HUNT VALLEY MD 21031 ACCTG/CONSULTING 114966 EMORY HOME IMPROVEMENTS 105 ROSE STREET TIMONIUM MD 21093 REMODELING 105035 3 105443 105443 SERVICE FEES 623000 15654692 15654692 ENTRANCE FEES 623000 5413826 5413826 OTHER INCOME 623000 381465 381465 NONRESIDENT FOOD SERVICE 623000 253418 253418 21703401 574986 574986 46468586 44576171 74624 1892415 -74624 1817791 1817791 24201621 21703401 0 2392777 196881 196881 433127 433127 8984412 8025641 958771 1693426 1515012 178414 84672 84672 53133 53133 756646 717613 39033 35739 17911 17828 2750385 2750385 3876030 3876030 452161 716 451445 FOOD 1552411 1549548 2863 UTILITIES 1227452 1227452 REAL ESTATE TAXES 414547 399262 15285 MAINTENANCE BUILDING 329681 311646 18035 1352129 791350 560779 24192832 21897246 2295586 0 1252993 1022506 887774 23867 6977381 6561382 110509759 34722181 76613314 75787578 13684575 18249581 20380077 17517159 384450 372530 120180564 119534603 2953765 3524953 42583433 42676858 52875000 51865000 12144557 11673657 110556755 109740468 X 7668168 7593517 1955641 2200618 9623809 9794135 120180564 119534603 8789 161537 0 X X 0 1 X 1 0 X 71445 89679 81880 596852 105443 945299 15441280 18181101 19440541 20904236 21703401 95670559 15512725 18270780 19522421 21501088 21808844 96615858 0 0 0 96615858 1036094 756112 575662 574374 574986 3517228 1036094 756112 575662 574374 574986 3517228 16548819 19026892 20098083 22075462 22383830 100133086 0.96490 0.95730 0.03510 0.04270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3 85470 5519169 0 0 1523380 1523380 101025227 28710871 72314356 7214245 5461304 1752941 746907 550006 196901 75787578 MORTGAGES 185063 F CASH AND CASH EQUIVALENTS 5094013 F REAL ESTATE INVESTMENTS 1745500 C ACCRUED INCOME 22566 F MUTUAL FUNDS 1406502 F GOVERNMENT BONDS 8182746 F BROKERED CDS 880769 F 17517159 DEPOSITS FROM PROSPECTIVE CLIENTS 244300 REFUNDABLE ENTRANCE FEES 11429357 11673657 X 24166277 161537 161537 24004740 196881 196881 24201621 23995951 0 23995951 196881 196881 24192832 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR INCOME TAX PROVISIONS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CONCEPT TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CREATES A SINGLE MODEL TO ADDRESS UNCERTAINTY IN TAX POSITIONS AND CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, AT DECEMBER 31, 2012 AND 2011 FOR UNCERTAIN INCOME TAX POSITIONS. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION HAS ADOPTED A POLICY UNDER WHICH, IF REQUIRED TO BE RECOGNIZED IN THE FUTURE, IT WILL CLASSIFY INTEREST RELATED TO THE UNDERPAYMENT OF INCOME TAXES AS A COMPONENT OF INTEREST EXPENSE AND IT WILL CLASSIFY ANY RELATED PENALTIES IN GENERAL AND ADMINISTRATIVE EXPENSES IN THE STATEMENTS OF UNRESTRICTED REVENUES, EXPENSES, AND OTHER CHANGES IN UNRESTRICTED NET ASSETS (DEFICIT). WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2009. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESIDENTS' ASSISTANCE REPORTED AS A REDUCTION TO OTHER INCOME ON F/S BUT REPORTED AS AN EXPENSE ON PAGE 10, PART IX, LINE 2 ON 990 196,881. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESIDENTS' ASSISTANCE REPORTED AS A REDUCTION TO OTHER INCOME ON F/S BUT REPORTED AS AN EXPENSE ON PAGE 10, PART IX, LINE 2 ON 990 196,881. 1 RENT SUBSIDIES 9 196881 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: EDENWALD PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO ARE NOT ABLE TO PAY THEIR MONTHLY FEES. SUCH RESIDENTS USUALLY APPLY FOR ASSISTANCE BY MEETING WITH THE PRESIDENT OR THE VICE PRESIDENT OF FINANCE. THEIR REQUEST IS THEN SUBMITTED TO, REVIEWED BY, AND APPROVED OR DENIED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. X 0 0 0 0 0 0 0 0 0 SALVATORE MOLITE JR 265828 0 0 0 0 0 13588 0 0 0 279416 0 0 0 WILLIAM GARRETT JR 167299 0 0 0 0 0 8082 0 4759 0 180140 0 0 0 A MARYLAND HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY 520936091 574217XWO 2006-07-06 80365000 EXPANSION AND RENOVATION OF FACILITY/REFUNDING OF EXISTING DEBT 0 0 0 A 2008 0 0 1 1 A 0 0 0 0 0 0 0 A 1 0 0 0 0 0 SAL MOLITE JR OFFICER MORTGAGE X 256270 185063 0 1 1 185063 FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION IS A NON-STOCK CORPORATION THAT HAS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE ON THE BOARD OF DIRECTORS AND APPROVE THEIR ACTIONS FORM 990, PART VI, SECTION A, LINE 7B ELECT DIRECTORS, APPROVE AUDITORS, RATIFY ACTIONS OF THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BOARD PRIOR TO BEING FILED AND WAS DISCUSSED AND REVIEWED AT A MEETING OF A QUORUM OF THE BOARD FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF CONFLICT OF INTEREST STATEMENTS FORM 990, PART VI, SECTION B, LINE 15A CEO'S COMPENSATION WAS REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE DISTRIBUTED TO BONDHOLDERS, MD DEPARTMENT OF AGING, MHHEFA AND INTERESTED PARTIES THROUGH THE DISCLOSURE STATEMENT. OTHER ITEMS ARE DISTRIBUTED ON A CASE BY CASE BASIS. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE AUDIT. THE BOARD OF DIRECTORS APPROVE THE AUDITORS. THERE HAS BEEN NO CHANGE IN THE PROCESS OF THE OVERSIGHT OF THE FINANCIALS.