2011-05-16T15:47:04-05:00 2010-06-30 RICE CPA 200 SPRING RIDGE DR STE 206 WYOMISSING PA 19610 990 2009-07-01 222790840 THE HIGHLANDS AT WYOMISSING HIGH 6107752300 2000 CAMBRIDGE AVENUE WYOMISSING PA 196102714 KEVIN P DEACOSTA 6107752300 2011-05-10 true C ROBERT RICE JR 6103742595 2011-05-16 X 2009 2016-02-24 21:20:13Z JAMES E ADAMOWICZ 2000 CAMBRIDGE AVENUE WYOMISSING PA 196102714 26634218 false X WWW.THEHIGHLANDS.ORG X 1989 PA CONTINUING CARE RETIREMENT COMMUNITY 11 7 476 78 0 30000 119889 20632619 21516469 -5802275 1637837 396234 339762 15256578 23613957 0 0 11248363 11081744 0 5517 9834212 9908004 21082575 20989748 -5825997 2624209 82243575 82994346 85570720 84424066 -3327145 -1429720 CONTINUING CARE RETIREMENT COMMUNITY false false 10141999 PROVIDE HOUSING, MEALS AND MEDICAL ATTENTION TO ELDERLY RESIDENTS OF THE FACILITY 2608165 PROVIDE HOUSING, MEALS AND MODERATE MEDICAL CARE TO ELDERLY RESIDENTS OF THE FACILITY 5774471 PROVIDE HOUSING, MEALS AND INTERMEDIATE MEDICAL CARE TO ELDERLY RESIDENTS OF THE FACILITY 400856 PROVIDE RECREATIONAL ACTIVITIES FOR ELDERLY RESIDENTS 400856 18925491 true true false false false false false false true true true true false false false false false false false false false false false true false false false false false true false true false false false false false true false false false true 45 0 true 476 true false false false false false false false false false false false 11 7 false false false false false false false true true false false false true true true true true true true false X KEVIN P DEACOSTA 6107752300 2000 CAMBRIDGE AVENUE WYOMISSING PA 196102714 STEVEN I FINKEL 1.00 X 0 688736 51331 JAMES E ADAMOWICZ 40.00 X X 256834 0 81525 CHARLES B SULLIVAN 1.00 X 0 108050 0 STEVE A BOBICK 1.00 X 0 0 0 MARGARET S MCSHANE 1.00 X 0 0 0 REV ELTON RICHARDS 1.00 X 0 0 0 PAUL R ROEDEL 1.00 X 0 0 0 JOHN W ROLAND 1.00 X 0 0 0 ELIZABETH B ROTHERMEL 1.00 X 0 0 0 DAVID L THUN 1.00 X 0 0 0 KEVIN P DEACOSTA 40.00 X 102949 0 36089 JODI A GIBBLE 40.00 X 115003 0 40169 SCOTT R WOLFE 1.00 X X 0 1729645 82651 474786 2526431 291765 3 true true false DOLAN CONSTRUCTION 401 S 13TH STREET READING PA 196022027 GAELSONG COTTAG 2922117 LSR EXCAVATING COMPANY PO BOX 3310 LANCASTER PA 176043310 GAELSONG COTTAG 300262 STORIBOARD STUDIOS 5048 PINEVIEW DRIVE MOHNTON PA 19540 APT REFURBISHIN 292330 ARAMARK FACILITY SERVICES PO BOX 33170 NEWARK NJ 07188 SUPPORT SERVICE 238239 ELCO FLOOR COVERINGS 701WEAVERTOWN ROAD MYERSTOWN PA 17067 APT REFURBISHIN 113082 19 64889 55000 119889 RESIDENTIAL CARE 13102553 13102553 ASST LIVING CARE 3071870 3071870 NURSING CARE 3071470 3071470 MEDICARE PAYMENTS 2270576 2270576 21516469 436995 436995 4219603 1500 3020261 1199342 1500 1200842 1200842 MISCELLANEOUS 101985 101985 MAINTENANCE REVENUE 81060 81060 CAFETERIA 57753 57753 98964 -87732 186696 339762 23613957 21611782 1882286 477397 477397 7853276 7425062 428214 294508 280280 14228 1885939 1719119 166820 570624 540091 30533 37086 5468 31618 48000 48000 5517 5517 2312856 2312856 3825 3825 9624 8735 889 816531 816531 2597574 2597574 SUPPLIES 1722953 1722953 CONTRACT SERVICES 779145 486990 292155 AMORTIZATION 492619 492619 INSURANCE EXPENSE 197154 197154 EQUIPMENT RENTAL AND MAIN 186648 186648 698472 622205 76267 20989748 18925491 2058740 5517 3577055 2704131 1972168 1988629 227415 285506 222718 214717 77123171 33258680 43070004 43864491 32519837 33777135 654378 159737 82243575 82994346 7319911 5373327 6603263 6011198 39410000 985000 32237546 72054541 85570720 84424066 X -3346935 -1450148 19790 20428 -3327145 -1429720 82243575 82994346 X false true true X X 2109873 36125 50091 30000 119889 2345978 19087535 19461488 19838284 20529411 21401093 100317811 21197408 19497613 19888375 20559411 21520982 102663789 102663789 1359691 1015605 1159278 923443 436995 4895012 1359691 1015605 1159278 923443 436995 4895012 464642 486675 502900 499442 520027 2473686 23021741 20999893 21550553 21982296 22478004 110032487 0.93300 0.92940 0.04000 0.05000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 4806804 79002 564543 282041 48008 5120300 5674569 43905 -559370 325099 27201 4806804 1.00000 false false false 1722904 1722904 64470284 26161042 38309242 8358139 6694469 1663670 2571844 403169 2168675 43864491 NOTE PAYABLE - RELATED PARTY 37237000 REFUNDABLE FEES 29530439 BEAR STERNS INTEREST SWAP PAYMENT 5287102 72054541 23613957 20989748 2624209 -727422 -727422 1896787 23613957 23613957 23613957 20989748 20989748 20989748 SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PAGE 4, PART XIV PART V, LINE 4 - INTENDED USES FOR ENDOWMENT FUNDS INTENDED USE FOR ENDOWMENT FUNDS IS TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS WHO THROUGH NO FAULT OF THEIR OWN DEMONSTRATE AN INABILITY TO PAY THE MONTHLY SERVICE AND OTHER CHARGES RELATED TO THEIR RESIDENCY. X X false true false false false false false false false STEVEN I FINKEL 352102 67000 269634 51331 740067 JAMES E ADAMOWICZ 256834 81525 338359 JODI A GIBBLE 115003 40169 155172 SCOTT R WOLFE 545929 85250 1098466 38500 44151 1812296 SEVERANCE, NONQUALIFIED, AND EQUITY-BASED PAYMENTS SCHEDULE J, PAGE 1, PART I, LINE 4 STEVEN I FINKEL 0 260,544 0 SCOTT R WOLFE 0 1,088,776 0 JOHN W ROLAND ROLAND STOCK LLC DIRECTOR 15770 ATTORNEY false ALL OTHER ACHIEVEMENTS DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D PROVIDE RECREATIONAL ACTIVITIES FOR ELDERLY RESIDENTS ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11 FORM 990 IS REVIEWED PRIOR TO FILING BY CFO AND STAFF. THE FORM 990 IS MADE AVAILABLE VIA SECURE EMAIL TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C TRAINING PROVIDED ANNUALLY FOR ALL EMPLOYEES AND BOARD MEMBERS FOR CORPORATE COMPLIANCE. COPY OF POLICY IS ATTACHED AS AN ELECTRONIC ATTACHMENT TO THIS RETURN. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THERE IS AN EXECUTIVE COMPENSATION STUDY COMPLETED BY AN INDEPENDENT THIRD PARTY. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL EXECUTIVE STAFF WAGES. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THERE IS AN EXECUTIVE COMPENSATION STUDY COMPLETED BY AN INDEPENDENT THIRD PARTY. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL EXECUTIVE STAFF WAGES. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 DOCUMENTS MADE AVAILABLE UPON REQUEST. ADDITIONAL INFORMATION SCHEDULE R ALL NON-INDEPENDENT BOARD MEMBERS ARE ALSO BOARD MEMBERS OF THE READING HOSPITAL AND MEDICAL CENTER. RELATED PARTY INFORMATION SUCH AS OFFICER COMPENSATION WAS NOT PURSUED THIS FISCAL YEAR FOR THE LUTHERAN HOME AT TOPTON SINCE IT IS NO LONGER A RELATED ENTITY AS OF JULY 23, 2009, EFFECTIVE JULY 1, 2009. SCHEDULE R, PART V NOTE PAYABLE OWED TO INDICATED RELATED PARTY. TERMS OF SUCH NOTE ARE CONSIDERED COMPARABLE TO POSSIBLE UNRELATED LENDERS. THE READING HOSPITAL & MEDICAL CTR PO BOX 16052 READING PA 196126052 231352204 HOSPITAL PA 501 3 NA THE LUTHERAN HOME AT TOPTON ONE SOUTH HOME AVENUE TOPTON PA 19562 232352363 CCRC PA 501 9 NA THE READING HOSPITAL SIXTH AVE SPRUCE ST WEST READING PA 19611 232201344 SUPPORTING PA 501 11C NA THE FRIENDS OF THE READING HOSPITAL SIXTH AVE SPRUCE ST WEST READING PA 19611 236026108 SUPPORTING PA 501 11B NA THE RDG HOSP & MED CTR SELF-INS FD SIXTH AVE SPRUCE ST WEST READING PA 19611 232087514 TRUST FUND PA 501 11B NA THE RDG HOSP & MED CTR WRKR COMP FD SIXTH AVE SPRUCE ST WEST READING PA 19611 223054717 TRUST FUND PA 501 11B NA READING PROFESSIONAL SERVICES SIXTH AVE SPRUCE ST WEST READING PA 19611 232266054 HEALTHCARE PA 501 3 NA THE RDG HOSPITAL MEDICAL GROUP SIXTH AVE SPRUCE ST WEST READING PA 19611 205095905 HEALTHCARE PA 501 3 NA THE READING HOSPITAL SURGICENTER 2603 KEISER BLVD WYOMISSING PA 19610 582682467 SURGERY PA N/A EXCLUDED 3059324 2982041 false true MC REALTY CORPORATION 627 NORTH FOURTH STREET READING PA 19601 232607292 REAL ESTAT PA N/A false false false false true false false false false false false false false false false false false false THE READING HOSPITAL & MEDICAL CENTER E 38900000