2025-02-16T10:29:31-06:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-07-01 231413689 THE MENNONITE HOME MENN 7173931301 1520 HARRISBURG PIKE LANCASTER PA 17601 JOHN D SAUDER PRESIDENT 7173931301 2025-02-13 1 1 KERRI N BOGDA CPA P00760402 7177404863 2025-02-13 2023 2025-03-06 01:10:19Z TRILLIUM PLACEWOODCREST VILLA JOHN D SAUDER 1520 HARRISBURG PIKE LANCASTER PA 17601 55267939 0 X WWW.TANDEMLIVINGPA.ORG X 1903 PA OPERATE A RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTHCARE, & RELATED SERVICES TO THE ELDERLY. 13 11 637 231 0 0 889436 657379 44083572 46915798 2257808 2961656 408887 519248 47639703 51054081 46611 18110 0 0 22526495 23866752 0 0 200490 24801466 24224400 47374572 48109262 265131 2944819 207676338 219498673 130481760 133653255 77194578 85845418 X THE CHRIST-CENTERED MISSION OF WOODCREST VILLA AND TRILLIUM PLACE IS TO ENRICH THE LIVES OF RESIDENTS, STAFF, AND THE COMMUNITY. 0 0 41476736 18110 46915798 THE MENNONITE HOME DOING BUSINESS AS TRILLIUM PLACE AND WOODCREST VILLA IS A LARGE FAITH-BASED NON-PROFIT 501(C)(3) CONTINUING CARE RETIREMENT COMMUNITY IN LANCASTER COUNTY, PA, PROVIDING A CONTINUUM OF COMPREHENSIVE SERVICES AND CARE APPROPRIATE FOR RESIDENTIAL LIVING, PERSONAL CARE AND SKILLED NURSING RESIDENTS. TRILLIUM PLACE SERVES RESIDENTS WITH EXCELLENCE AND COMPASSION, PROVIDING BOTH PERSONAL CARE AND SKILLED NURSING HEALTHCARE OPTIONS. SECURE DEMENTIA CARE UNITS ARE AVAILABLE IN BOTH LEVELS OF SERVICE. COMPREHENSIVE THERAPY SERVICES ARE PROVIDED WHICH INCLUDE PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES AS DETERMINED BY A PHYSICIAN, ENSURING THAT RESIDENTS CAN RETURN TO THEIR HIGHEST LEVEL OF FUNCTION AND INDEPENDENCE. WE PROVIDE SKILLED NURSING SERVICES IN HOME-LIKE HOUSEHOLDS OF 16 TO 27 RESIDENTS. WE EMPHASIZE INDIVIDUAL DIGNITY, SELF-DIRECTION AND PRIVACY THROUGH OUR PERSON-CENTERED CARE PHILOSOPHY. WOODCREST VILLA IS OUR RESIDENTIAL LIVING CAMPUS, PROVIDING APARTMENT AND VILLA ACCOMMODATIONS AND A RANGE OF SERVICES TO APPROXIMATELY 701 RESIDENTS. VOLUNTEERS ARE CRUCIAL TO PROVIDING THE COMPREHENSIVE SERVICES OUR RESIDENTS NEED. IN THE CURRENT YEAR, 231 VOLUNTEERS PROVIDED 18,233 HOURS OF SERVICE TO OUR RESIDENTS, REPRESENTING APPROXIMATELY $273,495 OF DONATED SERVICES. OUR BENEVOLENT CARE COMMITMENT ALLOWS US TO HONOR OUR MORE THAN 121-YEAR TRADITION OF CARING FOR FINANCIALLY CHALLENGED RESIDENTS. LAST YEAR WE PROVIDED $4.8 MILLION DOLLARS OF UNCOMPENSATED CARE TO AN AVERAGE OF 47 RESIDENTS PER DAY. APPROXIMATELY 30% OF OUR PERSONAL CARE AND SKILLED NURSING RESIDENTS NEED THIS FINANCIAL ASSISTANCE EVERY YEAR.ON MAY 29, 2024, THE MENNONITE HOME PROUDLY ANNOUNCED ITS REBRANDING. WHILE THE MENNONITE HOME REMAINS THE LEGAL NAME OF THE ORGANIZATION, ITS DOING BUSINESS AS NAME IS NOW TANDEM LIVING. THIS REBRANDING AND NAME CHANGE SYMBOLIZE A NEW ERA AND REFLECTS THE ORGANIZATION'S ENDURING COMMITMENT TO ENCOURAGE A VIBRANT LIFESTYLE ALONG THE COMPLETE CONTINUUM OF CARE TO OLDER ADULTS. THIS STRATEGIC SHIFT IS AIMED AT BETTER SERVING THE EVOLVING NEEDS OF OUR RESIDENTS AND THE LANCASTER COMMUNITY. 41476736 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 109 0 637 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 11 0 0 1 0 1 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA CA FL NY X GREGORY L FULMER CPA CGMA VP OF FINANCE 7173907964 1520 HARRISBURG PIKE LANCASTER PA 17601 ROY BOMBERGER JR CHAIRMAN 1.30 1.30 X X 0 0 0 ANDREW STECKBECK VICE CHAIRMAN 1.30 1.30 X X 0 0 0 WILLIAM PARSON TREASURER 1.30 X X 0 0 0 MATTHEW HARTZLER SECRETARY 1.30 1.30 X X 0 0 0 AARON HOLLIS ASST. TREASURER 1.30 1.30 X 0 0 0 DR JAMES SPICHER DIRECTOR 1.30 1.30 X 0 0 0 ADAM BONANNO DIRECTOR 1.30 X 0 0 0 MERVIN HESS DIRECTOR 1.30 1.30 X 0 0 0 PATRICIA LEAMAN DIRECTOR 1.30 X 0 0 0 ROBERT BOMBERGER DIRECTOR 1.30 X 0 0 0 ROSALYN WARD DIRECTOR 1.30 X 0 0 0 THOMAS TALBOTT DIRECTOR 1.30 X 0 0 0 ELIZABETH GERHART DIRECTOR 1.30 X 0 0 0 DAVID THOMPSON DIRECTOR (UNTIL 12/23) 1.30 X 0 0 0 JOHN SAUDER PRESIDENT/CEO 40.00 5.00 X 252413 0 19952 GREGORY L FULMER VP OF FINANCE 40.00 5.00 X 181335 0 20642 KIMBERLY FREY VP OF HUMAN RESOURCES 40.00 5.00 X 152527 0 12981 DANIEL MORTENSEN VP OF OPERATIONS 40.00 5.00 X 159796 0 16753 JENNIFER M ESLINGER VP OF HEALTH SERVICES 40.00 5.00 X 158971 0 6121 JAMES HERR CONTROLLER 45.00 X 111406 0 8814 JENNY ROHRER DIRECTOR OF NURSING 45.00 X 119765 0 14676 GEORGE MASESE RN SUPERVISOR 45.00 X 152386 0 3982 BRAD GETZ DIRECTOR OF FACILITIES 45.00 X 113336 0 13970 SHARON SULLIVAN DIRECTOR OF DINING SERVICES 45.00 X 103789 0 17189 1505724 0 135080 10 0 1 0 EG STOLTZFUS CONSTRUCTION LLC 2127 NEW HOLLAND PIKE LANCASTER PA 17601 CONSTRUCTION SERVICES 3836710 WARFEL CONSTRUCTION COMPANY 1110 ENTERPRISE ROAD EAST PETERSBURG PA 17520 CONSTRUCTION SERVICES 2289056 ADVANTAGECARE REHABILITATION INC 5035 CLAIRTON BLVD PITTSBURGH PA 15236 THERAPY SERVICES 1459981 RLPS LLP 250 VALLEYBROOK DRIVE LANCASTER PA 17601 ARCHITECTURE 887540 D H FUNK & SONS LLC 3995 CONTINENTAL DRIVE COLUMBIA PA 17512 EXCAVATING CONTRACTOR 307534 22 83900 141138 432341 15114 657379 NET RESIDENT SERVICE REVENUE 623000 39793156 39793156 AMORTIZATION OF ADVANCE FEES 623000 7047770 7047770 PA NURSING HOME ASSESSMENT 623000 74872 74872 46915798 1841391 1841391 25999 25999 59097 59960 -863 -863 -863 5180514 2868 4066067 23049 1114447 -20181 1094266 1094266 10450 83900 20122 -9672 -9672 77809 44660 33149 33149 CAFETERIA AND VENDING REVENUE 722514 172037 172037 BEAUTICIAN REVENUE 900099 88193 88193 INSURANCE RECOVERY 900099 86000 86000 150404 150404 496634 51054081 46915798 0 3480904 16100 16100 2010 2010 1080306 1080306 17963324 16198261 1626308 138755 685038 611340 67920 5778 2784883 2257777 503120 23986 1353201 1104829 237929 10443 143054 27350 115704 61163 61163 510 510 144563 144563 3249549 2750458 494309 4782 105528 105528 3267640 2636782 614112 16746 996962 206594 790368 3806044 3806044 56071 46879 9192 1183855 1183855 9578470 9578470 451089 34007 417082 NURSING HOME ASSESSMENT 301265 301265 MEDICAL SUPPLIES 266371 266371 PHARMACY 204547 204547 BAD DEBT EXPENSE 200447 200447 207272 43350 163922 48109262 41476736 6432036 200490 3188393 488146 8000000 8980930 224810 237187 1984703 2777858 45842 56030 810856 732525 241325346 100449544 136454730 140875802 48390257 56732082 8576747 8618113 207676338 219498673 4493185 5927671 55443480 53243764 38387082 38821995 6992 5192 32151021 35654633 130481760 133653255 X 68750290 76753905 8444288 9091513 77194578 85845418 207676338 219498673 X 2944819 5594662 111359 X 0 1 X 1 1 1 X 1898986 1838916 1687589 889436 657379 6972306 43101302 39985842 43244647 44083572 46915798 217331161 45000288 41824758 44932236 44973008 47573177 224303467 13200 12705 15840 7750 9386 58881 0 13200 12705 15840 7750 9386 58881 224244586 1347134 1206332 1328032 1551796 1926487 7359781 1347134 1206332 1328032 1551796 1926487 7359781 655238 391465 429519 487146 584893 2548261 47002660 43422555 46689787 47011950 50084557 234211509 0.95740 0.95880 0.03140 0.02830 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REV - 2019 AMOUNT: $ 86,453. 2020 AMOUNT: $ 35,304. 2021 AMOUNT: $ 27,814. 2022 AMOUNT: $ 25,610. 2023 AMOUNT: $ 53,375. CAFETERIA/VENDING REV - 2019 AMOUNT: $ 260,155. 2020 AMOUNT: $ 105,497. 2021 AMOUNT: $ 98,803. 2022 AMOUNT: $ 148,395. 2023 AMOUNT: $ 172,037. POSTAGE REVENUE - 2019 AMOUNT: $ 12,772. 2020 AMOUNT: $ 15,485. 2021 AMOUNT: $ 11,887. 2022 AMOUNT: $ 12,553. 2023 AMOUNT: $ 11,420. REFUNDS - 2019 AMOUNT: $ 33,869. 2020 AMOUNT: $ 47,452. 2021 AMOUNT: $ 73,790. 2022 AMOUNT: $ 95,988. 2023 AMOUNT: $ 85,609. ROOM USE FOR PARTIES - 2019 AMOUNT: $ 690. 2020 AMOUNT: $ -50. GROSS SALES OF INVENTORY - 2019 AMOUNT: $ 134,423. 2020 AMOUNT: $ 101,812. 2021 AMOUNT: $ 98,746. 2022 AMOUNT: $ 95,626. 2023 AMOUNT: $ 77,809. FUNDRAISING RECEIPTS - 2019 AMOUNT: $ 9,810. 2020 AMOUNT: $ 9,000. 2021 AMOUNT: $ 20,000. 2022 AMOUNT: $ 11,000. 2023 AMOUNT: $ 10,450. BEAUTICIAN REVENUE - 2019 AMOUNT: $ 115,068. 2020 AMOUNT: $ 73,239. 2021 AMOUNT: $ 97,255. 2022 AMOUNT: $ 90,857. 2023 AMOUNT: $ 88,193. INSURANCE RECOVERY - 2021 AMOUNT: $ 518. 2022 AMOUNT: $ 4,897. 2023 AMOUNT: $ 86,000. RESIDENT INTEREST - 2019 AMOUNT: $ 1,998. 2020 AMOUNT: $ 3,726. 2021 AMOUNT: $ 706. 2022 AMOUNT: $ 2,220. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 510 510 0 PART II-B, LINE 1: THE ORGANIZATION PAYS DUES TO NATIONAL AND STATE SENIOR CITIZEN ADVOCACY ASSOCIATIONS. A PORTION OF DUES IS ALLOCATED TO LOBBYING EXPENSES. 0 1 X 1615526 265918 13502 5032 1862910 1463625 170398 13923 4574 1615526 1656197 -173128 14109 5335 1463625 2553674 639899 1530764 6612 1656197 2471832 115749 26976 6931 2553674 0.29200 0.70800 0.00000 0 0 4658814 4658814 185641026 85612514 100028512 12298377 2454261 9844116 38727129 12382769 26344360 140875802 REFUNDABLE FEES AND DEPOSITS 35517486 SPLIT-INTEREST OBLIGATIONS 137147 35654633 X 56740281 5594662 -33204 5561458 51178823 -124742 -124742 51054081 48089441 124742 124742 47964699 144563 144563 48109262 PART IV, LINE 2B: THE ORGANIZATION MAINTAINS CUSTODIAL ACCOUNTS AS A CONVENIENCE SERVICE TO RESIDENTS. RESIDENTS GIVE FUNDS TO THE CASHIER WHO DEPOSITS THE FUNDS IN A SEPARATE INTEREST-BEARING ACCOUNT. ALL FUNDS ARE ACCOUNTED FOR INDIVIDUALLY, BY RESIDENT. THE RESIDENT MUST COMPLETE A WITHDRAWAL SLIP TO OBTAIN FUNDS AND RECEIVE THE BALANCE OF THE ACCOUNT WHENEVER DEPOSITING OR WITHDRAWING FUNDS. THE ORGANIZATION ALSO HOLDS ESCROW ACCOUNTS FOR RESIDENTS WHO PUT DOWN DEPOSITS ON APARTMENTS AND VILLAS. PART V, LINE 4: EARNINGS OF THE FUND ARE USED FOR THE BENEFIT OF THOSE RESIDENTS WHO HAVE DEPLETED THEIR ASSETS. PART X, LINE 2: THE CORPORATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING 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 HAS BEEN MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2024 AND 2023. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SWAP AGREEMENTS -520,300. VALUATION GAIN/LOSS ON BENEFICIAL INT IN PERPETUAL TRUST 563,466. CHANGE IN VALUE OF SPLIT INT AGREEMENT 68,193. INVESTMENT EXPENSE -144,563. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -44,660. RENTAL EXPENSES -59,960. FUNDRAISING EXPENSES -20,122. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 44,660. FUNDRAISING EXPENSES 20,122. RENTAL EXPENSES 59,960. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSE 144,563. GOLF OUTING 94350 83900 10450 2500 15848 1012 762 94350 83900 10450 2500 15848 1012 762 20122 -9672 0 ROHRERSTOWN FIRE COMPANY 500 ELIZABETH STREET LANCASTER PA 17603 501(C)(3) 8050 0 GENERAL OPERATIONS SOUTHERN MANHEIM TOWNSHIP FIRE COMPANY 1396 ORCHARD STREET LANCASTER PA 17601 501(C)(3) 8050 0 GENERAL OPERATIONS 2 0 PART I, LINE 2: THE ORGANIZATION DONATES TO LOCAL FIRE DEPARTMENTS AND OTHER LOCAL TAX-EXEMPT SERVICE ORGANIZATIONS AS A GESTURE OF GOODWILL AND DOES NOT MONITOR THE USE OF THE PAYMENTS NOR DOES IT HAVE SPECIFIC CRITERIA TO AWARD ASSISTANCE OTHER THAN VERIFYING THAT THE ORGANIZATIONS ARE TAX EXEMPT. THE ORGANIZATION ALSO PROVIDES NURSING SCHOLARSHIPS TO QUALIFIED EMPLOYEES EACH FISCAL YEAR. SCHOLARSHIP APPROVAL IS BASED ON SPECIFIC CRITERIA AS ESTABLISHED BY THE ORGANIZATION. TUITION IS PAID DIRECTLY TO THE COLLEGE ON BEHALF OF THE RECIPIENT OF THE SCHOLARSHIP. THE ORGANIZATION DID NOT PROVIDE NURSING SCHOLARSHIPS DURING FY24 THAT EXCEEDED THE THRESHOLD FOR REPORTING ON SCHEDULE I. X X X 0 0 0 0 0 0 0 0 0 JOHN SAUDER PRESIDENT/CEO 249638 0 0 0 2775 0 10160 0 9792 0 272365 0 0 0 GREGORY L FULMER VP OF FINANCE 181335 0 0 0 0 0 7752 0 12890 0 201977 0 0 0 DANIEL MORTENSEN VP OF OPERATIONS 159796 0 0 0 0 0 6961 0 9792 0 176549 0 0 0 KIMBERLY FREY VP OF HUMAN RESOURCES 152527 0 0 0 0 0 6224 0 6757 0 165508 0 0 0 JENNIFER M ESLINGER VP OF HEALTH SERVICES 158971 0 0 0 0 0 6121 0 0 0 165092 0 0 0 GEORGE MASESE RN SUPERVISOR 152386 0 0 0 0 0 3982 0 0 0 156368 0 0 0 A LANCASTER INDUSTRIAL DEVELOPMENT AUTHORITY 514349BY4 2007-12-12 26615000 TO FINANCE RENOVATIONS AND PAY OFF S/T NOTE; PAY ISSUE COSTS 0 0 0 B LANCASTER MUNICIPAL AUTHORITY 237334160 2014-09-19 10000000 CONSTRUCTION OF WELLNESS CENTER 0 0 0 C LANCASTER MUNICIPAL AUTHORITY 237334160 2016-12-01 10000000 REFINANCE 2000 BONDS IN FULL AND 2007 BONDS IN PART 0 0 0 D LANCASTER MUNICIPAL AUTHORITY 237334160 2017-02-01 10000000 REFINANCE 2007 BONDS IN PART 0 0 0 A 11760000 26615000 1464191 295842 13355978 11498989 2008 1 0 1 1 B 825000 10000000 124096 9875904 2016 0 0 1 1 C 8683626 10000000 10000000 2016 1 0 1 1 D 3921751 10000000 10000000 2017 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 D 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 1 M&T BANK 3.000000000000 0 0 0 0 1 B 0 0 0 1 1 1 M&T BANK 5.000000000000 0 0 0 0 1 C 0 0 1 0 0 1 M&T BANK 1.000000000000 0 0 0 0 1 D 0 0 1 0 0 1 M&T BANK 2.000000000000 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: LANCASTER INDUSTRIAL DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/12/2018 ISSUER NAME: LANCASTER MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 10/26/2020 ISSUER NAME: LANCASTER MUNICIPAL AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/10/2023 SCHEDULE K, ENTITY 2, PART II(COLUMN A), LINE 12, OTHER UNSPENT PROCEEDS: THE $4,654,179 OTHER UNSPENT PROCEEDS REPRESENTS THE PORTION OF THE BOND ISSUE THAT THE ORGANIZATION DID NOT DRAW FROM THE ORIGINAL $10,000,000 BOND ISSUE. SCHEDULE K, ENTITY 2, PART II(COLUMN A), LINE 12, OTHER UNSPENT PROCEEDS: THE $10,009,475 OTHER UNSPENT PROCEEDS REPRESENTS THE PORTION OF THE BOND ISSUE THAT THE ORGANIZATION DID NOT DRAW FROM THE ORIGINAL $13,000,000 BOND ISSUE. A LANCASTER MUNICIPAL AUTHORITY 237334160 2018-04-01 10000000 CONSTRUCTION OF PHEASANT POINTE 0 0 0 B NATIONAL FINANCE AUTHORITY 521304598 2024-02-28 13000000 CONSTRUCTION OF FALCON POINTE 0 0 0 A 392937 10000000 142093 5203728 4654179 2019 0 0 1 1 B 13000000 201780 2788745 10009475 2025 0 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 1 M&T BANK 6.000000000000 0 0 0 0 1 B 0 1 0 0 1 1 FULTON BANK NA 6.000000000000 0 0 0 0 1 A 1 B 1 MATTHEW HARTZLER BOARD SECRETARY 7232222 MATTHEW HARTZLER IS PART OWNER OF THE WARFEL CONSTRUCTION COMPANY WHICH DOES BUSINESS WITH THE ORGANIZATION. ALL TRANSACTIONS ARE AT ARM'S LENGTH. 0 ROY BOMBERGER JR CHAIRMAN 103556 ROY BOMBERGER, JR. IS PART OWNER OF BOMBERGER'S, STORE INC. IN LITITZ, PA, WHICH DOES BUSINESS WITH THE ORGANIZATION. ALL TRANSACTIONS ARE AT ARM'S LENGTH. 0 FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS DELEGATES CERTAIN RESPONSIBILITIES AND DECISION-MAKING CAPABILITIES TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS DURING THE YEAR DUE TO AN AFFILIATION IN WHICH TANDEM LIVING BECAME THE SOLE MEMBER OF THE ORGANIZATION. ADDITIONALLY, A MAJORITY OF DIRECTORS MUST NOW BE OF AN ANABAPTIST CHURCH (CHANGED FROM MENNONITE CHURCH) AND NO DIRECTOR SHALL BE REAPPOINTED AFTER THE AGE OF 77 (WAS 72). FORM 990, PART VI, SECTION A, LINE 6 THE MENNONITE HOME HAS A SOLE MEMBER, TANDEM LIVING (EIN 99-3360382), WHICH IS ITS PARENT AND A SUPPORTING ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER OF THE ORGANIZATION, TANDEM LIVING, HAS THE RIGHT TO VETO OR RESCIND ACTIONS OF THE BOARD OF DIRECTORS. IN ADDITION, TANDEM SHALL HAVE THE RIGHT TO OVERSEE AND APPROVE BUDGETS, MERGERS, ACQUISITIONS, AFFILIATIONS, CORPORATE POLICIES AND PROCEDURES, AND HIRING, FIRING AND SETTING COMPENSATION OF THE PRESIDENT/CEO. FORM 990, PART VI, SECTION B, LINE 11B THE INITIAL REVIEW OF THE 990 IS COMPLETED BY THE VICE PRESIDENT OF FINANCE, WHO THEN REPORTS TO THE PRESIDENT. THE 990 IS THEN REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. ONCE APPROVED BY THE FINANCE COMMITTEE, THE 990 IS PROVIDED TO THE FULL BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNANCE COMMITTEE OF THE BOARD MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY. CONFLICT OF INTEREST STATEMENTS ARE REQUIRED TO BE SIGNED ANNUALLY BY ALL BOARD MEMBERS. IF A CONFLICT OF INTEREST EXISTS, THE BOARD MEMBER WOULD BE REQUIRED TO ABSTAIN FROM VOTING ON THE MATTER. THE POLICY EXPLICITLY STATES THAT FAMILY AND BUSINESS RELATIONSHIPS MAY CREATE A CONFLICT AND ASKS FOR INFORMATION SHOULD ANY RELATIONSHIPS EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD DOES AN EVALUATION OF THE PRESIDENT AND THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS AND VOTES ON THE SALARY OF THE PRESIDENT. IN ADDITION, THE BOARD ALSO USES THE LEADINGAGE PA SALARY AND BENEFITS SURVEY TO VERIFY THAT THE PRESIDENT'S SALARY IS WITHIN A 50% RANGE OF OTHER CCRC PRESIDENTS IN THE STATE OF PENNSYLVANIA. DISCUSSIONS ON COMPENSATION ARE HELD IN CLOSED MEETINGS AND ARE NOT RECORDED IN BOARD MINUTES. THE EXECUTIVE LEADERSHIP TEAM'S COMPENSATION IS REVIEWED ANNUALLY USING COMPARATIVE ANALYSIS OF SIMILAR POSITIONS FROM THE LEADINGAGE PA SALARY AND BENEFITS SURVEY. ANNUAL RAISES CUSTOMARILY REPRESENT A COMBINATION OF MARKET RATE ANALYSIS AND COST OF LIVING ADJUSTMENTS AND ARE REVIEWED BY THE PRESIDENT. 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 XI, LINE 9: CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENTS -520,300. VALUATION (LOSS), BENEFICIAL INTEREST IN PERPETUAL TRUSTS 563,466. CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS 68,193. TANDEM LIVING 1520 HARRISBURG PIKE LANCASTER PA 17601 993360382 SUPPORTING ORGANIZATION PA 501(C)(3) LINE 12C, III-FI N/A 0 CALVARY FELLOWSHIP HOMES INC 502 ELIZABETH DRIVE LANCASTER PA 17601 231606038 CONTINUING CARE RETIREMENT COMMUNITY PA 501(C)(3) LINE 10 TANDEM LIVING 0 PERPETUAL TRUST (1) INVESTMENTS PA WILMINGTON TRUST T 77989 7013609 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0