2024-08-22T08:42:47-05:00 2023-12-31 991781118 EAG AFFORDABLE HOUSING LLC 4249 EASTON WAY STE 210 COLUMBUS OH 43219 990 2023-01-01 232078064 BETHANY DEVELOPMENT CORPORATION BETH 3012502100 2245 NORTH BANK DRIVE MECHANICSBURG PA 17055 CHRISTOPHER ZEIGLER PRESIDENT 3012502100 2024-08-06 1 0 TODD FENTRESS P01242481 6145281440 2024-08-06 2023 2024-08-08 14:25:15Z CHRISTOPHER ZEIGLER 2245 NORTH BANK DRIVE MECHANICSBURG PA 17055 1469613 0 X N/A X 1976 PA HOUSING AND RELATED SUPPORT SERVICES FOR LOW-INCOME, DISABLED AND ELDERLY INDIVIDUALS. 8 8 10 18 0 0 759795 720993 652003 703354 2447 11960 60779 33306 1475024 1469613 0 0 0 0 0 0 0 0 0 1262735 1391494 1262735 1391494 212289 78119 3374709 3309048 1099301 955521 2275408 2353527 HOUSING AND RELATED SERVICES FOR LOW-INCOME, DISABLED AND ELDERLY INDIVIDUALS. 0 0 1221848 736660 BETHANY DEVELOPMENT IS A MULTI-UNIT RENTAL PROJECT OF HUD (149 UNITS) FOR THE PURPOSE OF PROVIDING HOUSING AND RELATED FACILITIES AND SERVICES TO LOW-INCOME, DISABLED AND ELDERLY INDIVIDUALS AND FAMILIES. 1221848 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X JILL KOLB 6144512151 2245 NORTH BANK DRIVE COLUMBUS OH 43220 X CHRISTOPHER D ZEIGLER PRESIDENT 1.00 X X 0 0 0 MARIE DORMEYER VICE-PRESIDENT 1.00 X X 0 0 0 CAROL PENNINGTON SECRETARY 1.00 X X 0 0 0 KATHLEEN BOWERS TRUSTEE 1.00 X 0 0 0 RICHARD LAMARCA TRUSTEE 1.00 X 0 0 0 DR GENE BALDWIN TRUSTEE 1.00 X 0 0 0 MICHAEL P LANGAN TRUSTEE 1.00 X 0 0 0 KATHLEEN A SALMON TRUSTEE 1.00 X 0 0 0 0 0 0 0 0 0 0 0 720993 720993 TENANT RENTAL INCOME 531110 703354 703354 703354 11960 11960 MISCELLANEOUS INCOME 531110 17901 17901 LAUNDRY AND VENDING 812300 11684 11684 TENANT CHARGES 531110 3721 3721 33306 1469613 736660 0 11960 82215 82215 750 750 12012 12012 710 710 85882 85882 217528 217528 2521 2521 29690 29690 64333 64333 34946 34946 CONTRACT SERVICES 684664 684664 REPAIRS AND MAINTENANCE 84349 84349 MISCELLANEOUS EXPENSES 73689 791 72898 SERVICES EXPENSES 14827 14827 3378 3378 1391494 1221848 169646 0 259286 176778 34452 0 2739 6631 6969 5019 7945356 7145982 854837 799374 2216426 2321246 3374709 3309048 221341 219583 2553 14059 823229 667247 52178 54632 1099301 955521 X 2275408 2353527 2275408 2353527 3374709 3309048 78119 0 X X 0 1 X 1 1 1 X 718261 729125 736337 759795 720993 3664511 614093 620600 665714 712782 736660 3349849 1332354 1349725 1402051 1472577 1457653 7014360 0 0 0 7014360 5749 3151 1754 2447 11960 25061 5749 3151 1754 2447 11960 25061 1338103 1352876 1403805 1475024 1469613 7039421 0.99640 0.99760 0.00360 0.00240 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 227231 227231 6519665 6055429 464236 731341 644057 87284 467119 446496 20623 799374 RESERVE FOR REPLACEMENTS 2069801 ESCROW DEPOSITS 46933 RESIDUAL RECEIPTS RESERVE 148354 TENANT DEPOSITS 56158 2321246 TENANT SECURITY DEPOSITS HELD IN TRUST 54632 54632 X 1469613 0 1469613 0 1469613 1391494 0 1391494 0 1391494 PART X, LINE 2: THE CORPORATION APPLIED FOR AND RECEIVED A DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE (IRS) TO BE TREATED AS A TAX EXEMPT ENTITY PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. DUE TO ITS TAX-EXEMPT STATUS, THE CORPORATION IS NOT SUBJECT TO INCOME TAXES. THE CORPORATION IS REQUIRED TO AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND THE CORPORATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE. GENERALLY, INCOME TAX RETURNS FILED BY THE CORPORATION ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 THE BOARD OF DIRECTORS MAY, BY RESOLUTION ADOPTED BY A MAJORITY OF THE DIRECTORS IN OFFICE, ESTABLISH ONE OR MORE COMMITTEES TO CONSIST OF ONE OR MORE DIRECTORS OF THE CORPORATION. ANY SUCH COMMITTEE, TO THE EXTENT PROVIDED IN THE RESOLUTION OF THE BOARD OF DIRECTORS OR IN THE BY-LAWS, SHALL HAVE AND MAY EXERCISE ALL OF THE POWERS AND AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT THAT NO SUCH COMMITTEE SHALL HAVE ANY POWER OR AUTHORITY AS TO THE FOLLOWING: A. THE SUBMISSION TO MEMBERS OF ANY ACTION REQUIRED BY STATUTE TO BE SUBMITTED TO THE BOARD OF DIRECTORS FOR APPROVAL. B. THE FILLING OF VACANCIES IN THE BOARD OF DIRECTORS. C. THE ADOPTION, AMENDMENT OR REPEAL OF THE BY-LAWS. D. THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD. E. ACTION ON MATTERS COMMITTED BY THE BY-LAWS OR RESOLUTION OF THE BOARD OF DIRECTORS TO ANOTHER COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 BETHANY DEVELOPMENT CORPORATION HAS ONE MEMBER. THE SOLE MEMBER IS ASBURY COMMUNITIES, INC. FORM 990, PART VI, SECTION A, LINE 7A ASBURY COMMUNITIES, INC IS THE SOLE MEMBER OF BETHANY DEVELOPMENT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B ASBURY COMMUNITIES, INC. SHALL HAVE THE FOLLOWING RESERVED POWERS: (1) REMOVAL OF MEMBERS OF THE CORPORATION'S BOARD OF DIRECTORS; (2) FILLING OF VACANCIES ON THE CORPORATION BOARD OF DIRECTORS; (3) APPROVAL OF ALL MANAGEMENT SERVICES RELATIONSHIPS AND AUTHORITY TO RATIFY ANY AND ALL MANAGEMENT SERVICES AGREEMENTS ENTERED INTO BY CORPORATION; (4) APPROVAL OF ANY MERGER, CLOSURE, SALE, LEASE OR EXCHANGE OF SUBSTANTIALLY ALL OF THE ASSETS OF CORPORATION, OR THE CREATION OF A SUBSIDIARY JOINT VENTURE, L.L.C. OR OTHER ENTITY BY CORPORATION; (5) APPROVAL OF ALL MISSION AND VISION STATEMENTS TO ASSURE ALIGNMENT WITH THE SYSTEM MISSION AND VISION STATEMENTS; (6) AUTHORITY TO CAUSE AND APPROVE ALL AMENDMENTS TO ARTICLES OF INCORPORATION OR BYLAWS OF CORPORATION; (7) APPROVAL OF THE BUDGET OF CORPORATION, BOTH OPERATING AND CAPITAL; (8) AUTHORITY AND RESPONSIBILITY TO APPROVE ANY PROPOSED PROJECT FOR THE DEVELOPMENT OF A NEW PRODUCT AND/OR FACILITY BY CORPORATION; (9) AUTHORITY TO APPROVE EACH INCURRENCE OF INDEBTEDNESS BY CORPORATION, AND ALL ENTITIES IN THE SYSTEM IN EXCESS OF A PREDETERMINED AMOUNT; (10) AUTHORITY TO REQUIRE OR PRECLUDE PARTICIPATION BY CORPORATION IN ANY (ONE OR MORE) KEY STRATEGIC RELATIONSHIP, AND/OR MANAGEMENT AGREEMENTS; (11) AUTHORITY TO APPOINT THE AUDITOR AND DETERMINE THE FISCAL YEAR OF THE CORPORATION; (12) AUTHORITY, BY A SUPERMAJORITY VOTE OF THE SUPPORTING ORGANIZATION BOARD OF DIRECTORS, TO CREATE ADDITIONAL OR ELIMINATE RESERVED POWERS. FORM 990, PART VI, SECTION B, LINE 11B THE BETHANY DEVELOPMENT BOARD OF DIRECTORS PERFORM AN INDEPENDENT REVIEW OF THE 990. THE RETURN IS REVIEWED IN DETAIL BY THE TREASURER AND PRESIDENT OF THE BOARD. THE ENTIRE BOARD IS FORWARDED A COPY OF THE RETURN FOR REVIEW. ALL BOARD MEMBERS MAY POSE QUESTIONS AND ASK FOR CLARIFICATION. FORM 990, PART VI, SECTION B, LINE 12C THE ASBURY COMMUNITIES CONFLICT OF INTEREST POLICY WAS APPROVED BY THE BOARD OF DIRECTORS. THE COMPLIANCE OFFICER IS RESPONSIBLE FOR THE POLICY AND OVERSEES THE IMPLEMENTATION OF THE PROCESS. ALL THE ENTITIES WITHIN THE ASBURY COMMUNITIES SYSTEM ARE SUBJECT TO THE POLICY. ANNUALLY, THE COMPLIANCE OFFICER CONDUCTS A COMPREHENSIVE CONFLICT DISCLOSURE PROCESS COVERING ALL MEMBERS OF THE GOVERNING BOARDS, SYSTEM WIDE COMMITTEES, AND INDIVIDUALS IN MANAGEMENT POSITIONS. EACH PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM AND IS ADVISED OF THEIR FIDUCIARY OBLIGATIONS. THE COMPLIANCE OFFICER, WHO HAD A DIRECT REPORTING LINE TO THE CHAIR OF THE GOVERNANCE AND COMPLIANCE COMMITTEE AND REPORTS QUARTERLY TO THE GOVERNANCE AND COMPLIANCE COMMITTEE, ANALYZES ALL DISCLOSURE FORMS FOR POTENTIAL CONFLICTS, AND PREPARES A REPORT FOR THE SYSTEM-WIDE GOVERNANCE AND COMPLIANCE COMMITTEE. A REPORT WAS MADE TO THE BOARD THAT THERE WERE NO CONFLICTS DURING 2020. WHEN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISES INVOLVING A BOARD OR COMMITTEE MEMBER, THE GOVERNANCE AND COMPLIANCE COMMITTEE IS INFORMED AND WILL FOLLOW SPECIFIC PROTOCOL OUTLINED IN THE CONFLICT OF INTEREST POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN OVERSIGHT PROCESS FROM THE PRIOR YEAR. ASBURY ATLANTIC INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 520607956 HOUSING AND HEALTHCARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 ASBURY FOUNDATION INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 521862674 RAISING FUNDS FOR CHARITY MD 501(C)(3) LINE 7 ASBURY COMMUNITIES INC 0 AFFILIATED ASSOCIATES INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 510426078 EMPLOYEE PAYMASTER COMPANY MD 501(C)(3) LINE 12C, III-FI ASBURY COMMUNITIES INC 0 ASBURY COMMUNITIES HCBS INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 450634490 HOME CARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 ASBURY COMMUNITIES INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 521862677 MANAGEMENT SERVICES MD 501(C)(3) LINE 12C, III-FI ASBURY COMMUNITIES INC 0 ASBURY INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 620630670 HOUSING AND HEALTHCARE FOR OLDER ADULTS TN 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 ALBRIGHT CARE SERVICES 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 231887138 HOUSING, HEALTHCARE, AND AT-HOME SERVICES FOR OLDER ADULTS PA 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 WARRIOR RUN MANOR 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 232137458 HOUSING FOR OLDER ADULTS PA 501(C)(3) LINE 10 ALBRIGHT CARE 0 FOREST RIDGE MANOR INC 910 WILDER CHAPEL LANE MARYVILLE TN 37804 201885811 HOUSING FOR OLDER ADULTS TN 501(C)(3) LINE 12A, I ASBURY INC 0 THE ASBURY GROUP INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 205038820 TECH & MGMT SERVICES DE ASBURY COMMUNITIES INC C 0 THRIVEWELL TECH LLC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 262896175 INFO & CNSLT SERVICES DE ASBURY COMMUNITIES INC C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 BETHANY VILLAGE P 64940 ACTUAL COST