2024-05-08T08:40:59-05:00 2023-06-30 871353108 EISNER ADVISORY GROUP LLC 130 NORTH 18TH STREET SUITE 3000 PHILADELPHIA PA 191032757 990 2022-07-01 231654625 ADVANCED LIVING INC ADVA 2153620227 1290 ALLENTOWN ROAD LANSDALE PA 19446 RANDALL JAMES PRESIDENT 2153620227 2024-05-03 1 RANDALL JAMES 999009999 1 ALAN GUBERNICK P00445286 2158818800 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RANDALL JAMES 1290 ALLENTOWN ROAD LANSDALE PA 19446 3476215 0 X WWW.ADVANCEDLIVINGCOMMUNITIES.ORG X 1962 PA TO PROVIDE HOUSING FACILITIES FOR THE ELDERLY AND AGED INDIVIDUALS. 15 15 0 50 0 0 0 0 3400685 3457898 574 1403 15453 16914 3416712 3476215 0 0 0 0 881257 1026135 0 0 0 1890422 3101518 2771679 4127653 645033 -651438 9330173 9936322 9849229 16165187 -519056 -6228865 PROVIDE HOUSING FACILITIES, ON A NON-PROFIT BASIS, FOR ELDERLY AND AGED PERSONS AND OTHER SERVICES SPECIALLY DESIGNED TO MEET THE PHYSICAL, ECONOMICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE ELDERLY TO PROMOTE HEALTH, SECURITY, HAPPINESS AND USEFULLNES IN LONGER LIVING. 0 0 3140400 3476215 ORGANIZED IN 1962, ADVANCED LIVING, INC., LOCATED IN LANSDALE, PA IS A NON-PROFIT ORGANIZATION THAT PROVIDES RESIDENTIAL AND SUPPORT SERVICES FOR LOW-INCOME SENIORS. THE MISSION IS TO PROVIDE AFFORDABLE HOUSING AND A BROAD RANGE OF SERVICES TO MEET THEIR PHYSICAL, ECONOMICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS. OUR PROGRAMS ARE DESIGNED TO HELP MAINTAIN THEIR HEALTH, SECURITY, AND INDEPENDENCE WHILE ALLOWING THEM TO AGE IN PEACE. THERE ARE 223 EFFICIENCY AND ONE-BEDROOM APARTMENTS TO PROVIDING HOUSING TO LOW-INCOME SENIORS. 3140400 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 1 0 PA X RANDALL S JAMES 2153620227 1290 ALLENTOWN ROAD LANSDALE PA 19446 X KENNETH W CLEMENS 1ST VICE CHAIR 2.00 X X 0 0 0 GEORGE MESCHTER BOARD CHAIRMAN 2.00 X X 0 0 0 MATT SEIPT 2ND VICE CHAIR 2.00 X X 0 0 0 SHARON L JONES HOFER ESQ SECRETARY 2.00 X X 0 0 0 CARL SENSENIG DIRECTOR 1.00 X 0 0 0 NORMAN J LEPPING DIRECTOR 1.00 X 0 0 0 DIANNE CESTRONE DIRECTOR 1.00 X 0 0 0 JEFFREY OST DIRECTOR 1.00 X 0 0 0 BRIAN SARIS DIRECTOR 1.00 X 0 0 0 PAUL DELP DIRECTOR 1.00 X 0 0 0 A BARRY SIMPSON DIRECTOR 1.00 X 0 0 0 RANDALL JAMES PRESIDENT/CEO 40.00 X X 0 260231 30000 ROB TEXTER DIRECTOR 1.00 X 0 0 0 GARYLAND RIDLEY DIRECTOR 1.00 X 0 0 0 JUSTIN STOLTE DIRECTOR 1.00 X 0 0 0 CHASE KNEELAND DIRECTOR 1.00 X 0 0 0 0 260231 30000 0 0 1 0 0 RENTAL INCOME FROM TEN 531110 3457898 3457898 3457898 1403 1403 LAUNDRY AND VENDING RE 812300 9609 9609 GARAGE AND PARKING SPA 531190 7305 7305 16914 3476215 3474812 0 1403 825929 413875 412054 130979 65634 65345 69227 34690 34537 171900 171900 40 40 26985 26985 125320 125320 1009 1009 129295 129295 43 43 1137872 1137872 735578 735578 211354 211354 UTILITIES 281579 281579 MAINTENEANCE CONTRACTS 236453 236453 REPAIRS & MAINTENANCE 23365 23365 MISCELLANEOUS 20623 20623 102 102 4127653 3140400 987253 0 200 200 430707 470251 36839 26660 282768 213905 16627508 11950201 4125472 4677307 179795 179795 144661 369252 4129731 3998952 9330173 9936322 365861 470006 7961184 15552550 1522184 142631 9849229 16165187 X -519056 -6228865 -519056 -6228865 9330173 9936322 X -651438 -5058371 X X 0 1 X 1 0 X 2785723 2790151 2914106 3400685 3457898 15348563 2785723 2790151 2914106 3400685 3457898 15348563 0 0 0 15348563 187 2550 411 574 1403 5125 187 2550 411 574 1403 5125 25989 20401 19869 15453 16914 98626 2811899 2813102 2934386 3416712 3476215 15452314 0.99330 0.99130 0.00030 0.00030 X 227616 227616 11167413 8410114 2757299 3917181 2481738 1435443 1315298 1058349 256949 4677307 DEPOSITS 83590 REPLACEMENT RESERVES - DEPOSITS 2611857 MORTGAGE ESCROW DEPOSITS 182923 DUE FROM AFFILIATES 571919 RESIDUAL RECEIPTS - DEPOSITS 195892 DEBT SERVICE RESERVE 352771 3998952 TENANTS SECURITY DEPOSITS 83803 ACCRUED INTEREST PAYABLE 58828 142631 X 3476215 0 3476215 0 3476215 4127653 0 4127653 0 4127653 PART X, LINE 2: THE CORPORATION 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. MEAUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2023 AND 2022 FOR FISCAL YEAR ENDED JUNE 30, 2023. MANAGEMENT OF ALMD AND ALI FEEL THAT FORMS 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, ARE NO LONGER SUBJECT TO EXAMINATION BY THE IRS FOR PERIOD PRIOR TO JUNE 30, 2019. 0 0 0 0 0 0 0 0 0 RANDALL JAMES PRESIDENT/CEO 0 260231 0 0 0 0 0 30000 0 0 0 290231 0 0 FORM 990, PART V, LINE 2B: ADVANCED LIVING MANAGEMENT & DEVELOPMENT, INC., A RELATED ENTITY, IS THE COMMON REPORTING AGENT FOR THE GROUP AND FILES ALL W-2'S AND FEDERAL EMPLOYMENT TAX RETURNS FOR ADVANCED LIVING, INC. FORM 990, PART VI, SECTION A, LINE 3 ADVANCED LIVING MANAGEMENT AND DEVELOPMENT (AFFILIATE) HAD CONTROL OVER MANAGEMENT DUTIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED IN DETAIL BY MANAGEMENT AND THE TREASURER OF THE BOARD. A COPY IS PROVIDED TO THE BOARD AND FINANCE COMMITTEE PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE ALL MADE AWARE OF THE CONFLICT OF INTEREST POLICY UPON JOINING THE BOARD. WE NOTIFY THE BOARD OF DIRECTORS AND FINANCE COMMITTEE OF ANY NEW LARGE VENDOR WE WILL BE USING AND REQUEST A CONFLICT OF INTEREST REVIEW FOR THE INDIVIDUAL MEMBERS. ANY MEMBERS WITH A POTENTIAL CONFLICT ARE REQUESTED TO ABSTAIN FROM VOTING ON SUCH MATTERS. FORM 990, PART VI, SECTION B, LINE 15 ALL SALARIES AND REVIEW RAISES ARE PRESENTED TO THE BOARD FOR THEIR APPROVAL. THE GOVERNANCE COMMITTEE ACTS AS THE COMPENSATION COMMITTEE AND RAISES/REVIEWS ARE DISCUSSED WITH THEM PRIOR TO PRESENTATION TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A RANDALL JAMES, CFO, WORKS AN AVERAGE OF 28 HOURS PER WEEK BETWEEN ADVANCED LIVING, INC. AND ADVANCED LIVING MANAGEMENT & DEVELOPMENT, INC., A RELATED ORGANIZATION. FORM 990, PART XI, LINE 9: DISTRIBUTIONS FROM ALI -5,058,371. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED EITHER ITS OVERSIGHT PROCESS OF THE AUDIT OR THE SELECTION PROCESS OF AN INDEPENDENT AUDITOR DURING THE TAX YEAR. SCHWENCKFELD TERRACE 1290 ALLENTOWN ROAD LANSDALE PA 19446 LOW-INCOME TENANTS PA ADVANCED LIVING INC ADVANCED LIVING MANAGEMENT & DEVELOPMENT INC 1290 ALLENTOWN ROAD LANSDALE PA 19446 208836357 TO MANAGE HOUSING PROJECTS AND EDUCATE COMMUNITY ABOUT HOUSING NEEDS PA 501(C)(3) 9 N/A 0 SCHWENCKFELD LIMITED PARTNERSHIP 1290 ALLENTOWN ROAD LANSDALE PA 19446 LOW-INCOME TENANTS PA ADVANCED LIVING INC UNRELATED 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 1 0 ADVANCED LIVING MANAGEMENT AND DEVELOPMENT INC M 171900 ACTUAL COST ADVANCED LIVING MANAGEMENT AND DEVELOPMENT INC O 1026135 ACTUAL COST ADVANCED LIVING MANAGEMENT AND DEVELOPMENT INC R 2393468 ACTUAL COST