2013-10-04T09:33:19-05:00 2012-12-31 420714325 MCGLADREY LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2012-01-01 521315965 CHARLESTOWN COMMUNITY INC CHAR 4104022375 719 MAIDEN CHOICE LANE BALTIMORE MD 21228 NEAL GANTERT 4104022375 2013-09-30 1 JULIA FLANNERY P00928918 4102469300 2012 2016-02-24 21:20:13Z CLARA PARKER 719 MAIDEN CHOICE LANE BALTIMORE MD 21228 87109767 0 X WWW.ERICKSONCOMMUNITIES.COM X 1984 MD PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS. SEE SCHEDULE O. 12 12 1413 812 -137700 -137700 173478 394651 79429121 83248190 3736717 2995969 441055 429400 83780371 87068210 203539 165499 0 0 38408411 39942773 58170 65244 172193 43938319 46200872 82608439 86374388 1171932 693822 333734238 334707271 324072121 320231087 9662117 14476184 X THE BOARD OF DIRECTORS OF CHARLESTOWN COMMUNITY, INC. ARE COMMITTED TO CREATING COMMUNITIES THAT CELEBRATE LIFE. SEE SCHEDULE O FOR THE COMPLETE MISSION STATEMENT. 0 0 83382548 165499 83248190 CHARLESTOWN COMMUNITY, INC PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,369 INDEPENDENT LIVING UNITS, 122 ASSISTED LIVING UNITS AND 196 SKILLED NURSING BEDS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES. 83382548 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 117 0 1 1413 1 0 0 0 0 0 1 1 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X MICHAEL WILSON 4104022421 701 MAIDEN CHOICE LANE BALTIMORE MD 21228 CHARLES S GAMBLE 3.00 X X 0 0 0 RICHARD A GROVE JR 3.00 X X 0 0 0 RICHARD M BARNES ESQ 1.00 X 0 0 0 CHARLES H BROWN III 1.00 X 0 0 0 NAOMI MCAFEE 1.00 1.00 X 0 0 0 ROBERT CAWLEY 1.00 X 0 0 0 WILLIAM R O'BRIEN PHD 1.00 X 0 0 0 REV DR DAVID COONEY 1.00 X 0 0 0 BONNIE PHIPPS 1.00 X 0 0 0 LENWOOD M IVEY PHD 1.00 1.00 X 0 0 0 JOANNE E POLLAK ESQ 1.00 X 0 0 0 L BARNEY JOHNSON 2.00 X 0 0 0 JANICE E BURNETT 1.00 X 0 0 0 FATHER PHILIP S KEANE SS STD 1.00 X 0 0 0 GARRET A FALCONE 40.00 1.00 X 126132 0 8542 RICHARD C CALVERT 40.00 1.00 X 104525 0 7225 CLARA PARKER 40.00 1.00 X 56188 0 610 NEAL GANTERT 40.00 1.00 X 65889 0 4559 JAMES WALTERS 40.00 X 278349 0 20137 HENRI CARLTON 40.00 X 154811 0 23882 JOSEPH NEAULT 40.00 X 134425 0 12199 NAJAH YASIN 40.00 X 130131 0 16290 DONALD GROVE 40.00 X 160370 0 19878 1210820 0 113322 16 0 1 0 ERICKSON LIVING MANAGEMNT LLC 701 MAIDEN CHOICE LANE BALTIMORE MD 21108 MANAGEMENT SERVICES 2765227 CARPET FASHIONS INC 12510 EASTERN AVE MIDDLE RIVER MD 21220 CARPETING 812453 NOVELTY WOODCRAFTERS 5741 FIRST AVE BALTIMORE MD 21127 CUSTOM INTERIORS 534962 SUPERIOR FINISHES 6308 MARSHALEE DRIVE ELKRIDGE MD 21075 CUSTOM INTERIORS 477666 COMCAST CABLE 7195 TROY HILL DRIVE ELKRIDGE MD 21075 CABLE 311938 6 106533 288118 394651 RESIDENT FEES 623990 63160840 63160840 RESIDENT DEPOSITS 623990 11415758 11415758 ANCILLARY FEES 623990 8531718 8531718 CONTRACT REVENUE 623990 130874 130874 PROCESSING FEES 623990 9000 9000 83248190 2289615 -137700 2427315 439402 0 439402 439402 439402 705411 943 0 0 705411 943 706354 706354 20591 106533 38212 -17621 -17621 10964 3345 7619 7619 87068210 83248190 -137700 3563069 32144 32144 133355 133355 373670 373670 31327137 30144786 1123664 58687 400006 330043 68459 1504 5449620 5173572 259212 16836 2392340 2263506 119873 8961 2765227 2765227 12590 12590 100641 100641 65244 65244 339795 339795 4045855 3401136 637519 7200 2472239 2472239 8303849 8216799 77229 9821 5087535 5083795 3740 156284 119647 34836 1801 3584374 3584374 16353488 16353488 701856 701856 EQUIPMENT RENTAL 1259840 1245516 13059 1265 ADMINISTRATIVE AND MISC 520488 485242 34778 468 RESIDENT RELATIONS 375603 301589 73608 406 AMORTIZATION 121208 121208 86374388 83382548 2819647 172193 2690 2710 73787391 46742719 2921833 3444202 5969937 2902422 128904 108393 1233722 1245349 364526231 171834829 178906030 192691402 68833377 85703179 1950354 1866895 333734238 334707271 9305151 11375577 122497624 121170278 192269346 187685232 324072121 320231087 X 8802473 13610525 834644 840659 25000 25000 9662117 14476184 333734238 334707271 693822 4120245 0 X X 0 1 X 1 0 X 157986 302678 510306 173478 405615 1550063 73621162 74926298 76878316 79464939 83268781 388159496 73779148 75228976 77388622 79638417 83674396 389709559 0 0 0 389709559 2274813 1915533 1950166 3247967 2729017 12117496 2274813 1915533 1950166 3247967 2729017 12117496 76053961 77144509 79338788 82886384 86403413 401827055 0.96980 0.96850 0.03020 0.03150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10207587 10207587 324004087 148667794 175336293 3776361 2552594 1223767 22323142 17297764 5025378 4215054 3316677 898377 192691402 RESIDENT REFUNDS PAYABLE 5262696 ADVANCE DEPOSITS 1632900 RESIDENT DEPOSITS, NET OF ACCUM. AMORT. 179106527 UNCLAIMED PROPERTY 38578 FUNDS HELD FOR RESIDENTS 71769 CLAIMS RESERVE 1434501 DEFERRED MANAGEMENT FEES 138261 187685232 X 89878261 4120245 -1212789 2907456 86970805 97405 97405 87068210 84208088 403344 403344 83804744 2569644 2569644 86374388 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: CCI AND THE FOUNDATION ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND THE APPLICABLE MARYLAND STATE INCOME TAX REGULATIONS. ST. CHARLES ASSOCIATES, LTD (SCA) IS A SINGLEMEMBER LIMITED LIABILITY COMPANY AND HAS ELECTED TO BE DISREGARDED FOR FEDERAL AND STATE INCOME TAX PURPOSES. SCA'S FINANCIAL STATEMENT ACTIVITY IS REFLECTED ON CCI'S BOOKS AND RECORDS. MANAGEMENT HAS EVALUATED CCI'S TAX POSITIONS AND HAS CONCLUDED THAT CCI HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE DISCLOSURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE FROM AFFILIATE REPORTED ON CONSOLIDATED FINANCIAL STATEMENT 880,140. ADJUSTMENT TO TRNA 337,753. SPECIAL EVENT EXPENSES NETTED WITH REVENUE 41,557. MARKETING COSTS NETTED WITH REVENUE ON FINANCIAL STATEMENT -2,472,239. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHARITY CARE EXPENSE NETTED WITH REVENUE ON FINANCIAL STATEMENT 97,405. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSE FROM AFFILIATE REPORTED ON CONSOLIDATED FINANCIAL STATEMENT 24,034. SPECIAL EVENT EXPENSES NETTED WITH REVENUE 41,557. ADJUSTMENT TO TRNA 337,753. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHARITY CARE EXPENSE NETTED WITH REVENUE ON FINANCIAL STATEMENT 97,405. MARKETING COSTS NETTED WITH REVENUE ON FINANCIAL STATEMENT 2,472,239. X X X X X 1 ERICKSON LIVING MANAGEMENT LLC 715 MAIDEN CHOICE LANE BALTIMORE MD 21228 FUNDRAISING 1 515335 65244 450091 515335 65244 450091 MD ANNUAL GALA 127124 106533 20591 1750 20530 10110 5822 127124 106533 20591 1750 20530 10110 5822 38212 -17621 1 CRISTO REY CORPORATE INTERSHIP PROGRAM INC 420 S CHESTER ST BALTIMORE MD 21231 205300491 501(C)(3) 25000 PROGRAM SERVICE 1 EDUCATIONAL SCHOLARSHIPS - SEE PART IV 167 133355 SCHOLAR CANDIDATES MUST BE CURRENTLY EMPLOYED YEAR-ROUND AT CHARLESTOWN COMMUNITY. ONLY MEDICAL LEAVES OF ABSENCE ARE ALLOWABLE DURING THE TWO YEARS. OTHER REQUESTS FOR A LEAVE OF ABSENCE WILL BE REVIEWED AND DETERMINED CASE BY CASE. A SCHOLAR CANDIDATE MUST HAVE BEEN EMPLOYED BY CHARLESTOWN COMMUNITY ON OR BEFORE SEPTEMBER 30, 2012. THE CANDIDATE MUST ALSO ACHIEVE 1,000 HOURS OF WORK DURING A TIME SPAN THAT BEGINS NO EARLIER THAN JUNE 1, 2012 OF THEIR JUNIOR YEAR OF HIGH SCHOOL (300 OF 1,000 HOURS MUST BE COMPLETED BY THE END OF THEIR JUNIOR YEAR OF HIGH SCHOOL TO QUALIFY). ANY HOURS WORKED PRIOR TO JUNE 1, 2012 DO NOT COUNT TOWARDS THE 1,000 HOURS REQUIREMENT. CANDIDATES MUST ACHIEVE THE 1,000 HOUR REQUIREMENT AS WELL AS FULFILL THE TWO-YEAR MINIMUM EMPLOYMENT REQUIREMENT. CANDIDATES MUST BE IN "GOOD STANDING" FROM THEIR ORIGINAL DATE OF HIRE THROUGH THEIR LAST DAY OF WORK. TO MAINTAIN "GOOD STANDING," SCHOLAR CANDIDATES, AS EMPLOYEES, MUST ABIDE BY ALL EMPLOYMENT POLICIES AND PROCEDURES, TO INCLUDE GIVING TWO WEEKS NOTICE TO THEIR SUPERVISOR WHEN TERMINATING EMPLOYMENT. SCHOLAR CANDIDATES MUST COMPLETE EACH STEP AS OUTLINED IN THE PROGRAM DESCRIPTION BY THE RESPECTIVE DUE DATE. FURTHERMORE, CANDIDATES MUST TURN IN PROOF OF FULL-TIME STATUS WITHIN THE DATES SPECIFIED IN THE PROGRAM DESCRIPTION FOR EACH SPRING AND FALL SEMESTER THEY ATTEND SCHOOL. FAILURE TO DO SO WILL DISQUALIFY THE SCHOLAR THAT SEMESTER AND WILL COUNT TOWARDS ONE OF THE TWO ALLOWABLE SEMESTER LAPSES. CANDIDATES SHOULD INTEND TO GO TO COLLEGE OR TRADE SCHOOL AFTER HIGH SCHOOL. SCHOLAR CANDIDATES MUST ATTEND SCHOOL FULL-TIME (12 CREDIT HOURS EACH SEMESTER) AFTER HIGH SCHOOL. SCHOLAR CANDIDATES MUST BE ACCEPTED AND/OR REGISTERED IN THE FALL OF 2012 AT A TRADE SCHOOL, COLLEGE, OR UNIVERSITY TO BENEFIT. (IN EXCEPTIONAL CASES, A SCHOLAR CANDIDATE MAY ARRANGE TO START SCHOOL UP TO TWO SEMESTERS AFTER BEING INDUCTED INTO THE PROGRAM, BUT THEY MUST MAKE ARRANGEMENTS WITH THE RESIDENT LIFE DEPARTMENT. THESE TWO SEMESTERS WILL COUNT AS THE TWO ALLOCABLE SEMESTER LAPSES.) SCHOLARS WHO LAPSE FROM THE PROGRAM FOR MORE THAN A TOTAL OF TWO SEMESTERS AFTER BEING INDUCTED INTO THE PROGRAM ARE NO LONGER ELIGIBLE TO RECEIVE THE AWARD. X X X 0 0 0 0 0 0 0 0 0 JAMES WALTERS 224243 0 46657 0 7449 0 13352 0 6785 0 298486 0 0 0 HENRI CARLTON 139579 0 15182 0 50 0 10973 0 12909 0 178693 0 0 0 DONALD GROVE 143270 0 17100 0 0 0 750 0 19128 0 180248 0 0 0 SUPPLEMENTAL INFORMATION PART III DONALD GROVE IS AN EMPLOYEE OF ERICKSON LIVING MANAGEMENT, INC. ("ELM:), AN UNRELATED ORGANIZATION TO CHARLESTOWN COMMUNITY, INC., IN ACCORDANCE WITH THE MANAGEMENT AGREEMENT BETWEEN CHARLESTOWN COMMUNITY, INC. AND ELM. SEE SCHEDULE O EXPLANATION FOR FORM 990, PART VI, SECTION A, LINE 3. THEREFORE, FOR IRS MATCHING PURPOSES, ELM IS THE ISSUER OF THESE FORMS W-2. UNDER THE MANAGEMENT AGREEMENT, CHARLESTOWN COMMUNITY, INC. REIMBURSES ELM FOR THE COST OF SERVICES PERFORMED FOR CHARLESTOWN COMMUNITY, INC. A MARYLAND HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY 520936091 574217BQ1 2010-12-15 122478513 PART REFUNDING, PART NEW MONEY 0 0 0 A 1345000 122478513 9116351 3612728 2001980 50343557 38913642 18490253 1 0 0 1 A 0 1 1 1 0 0 0 1 A 0 1 0 1 0 0 0 0 1 A 1 PART IV, LINE 2(C): REBATE COMPUTATION IS NOT DUE YET. FORM 990, PART VI, SECTION A, LINE 3 ON APRIL 30, 2010, CCI ENTERED INTO A MANAGEMENT AND MARKETING AGREEMENT WITH ERICKSON LIVING MANAGEMENT, LLC ("ELM"), CONSISTENT WITH THE PREVIOUS CONTRACT TERMS, TO PROVIDE THE SERVICES PREVIOUSLY PROVIDED BY ERICKSON RETIREMENT COMMUNITIES ("ERC"). ELM IS A SUBSIDIARY OF REDWOOD-ERC SENIOR LIVING HOLDINGS, LLC, NOW KNOWN AS ERICKSON LIVING HOLDINGS, LLC WHICH, TOGETHER WITH OTHER RELATED ENTITIES, PURCHASED THE MAJORITY OF THE ASSETS OF ERC. ELM IS A MARYLAND LIMITED LIABILITY COMPANY WHICH OPERATES AND MANAGES LARGE SCALE CONTINUING CARE RETIREMENT COMMUNITIES. ON JANUARY 1, 2011, CCI AND ELM AMENDED THE MANAGEMENT AND MARKETING AGREEMENT. THE AMENDED MANAGEMENT AGREEMENT INCLUDES (WITHOUT LIMITATION) PROVISIONS WHICH PERMIT CCI TO REVIEW AND RENEGOTIATE MANAGEMENT FEES WITH THE MANAGEMENT COMPANY AFTER YEAR THREE AND YEAR SEVEN, RESPECTIVELY, IF THE MANAGEMENT FEES BEING PAID UNDER THE NEW MANAGEMENT DEVIATE FROM MARKET (AS DEFINED IN THE AGREEMENT) AT SUCH TIME. THE MANAGEMENT AGREEMENTS IS FOR A TERM OF TEN YEARS. CCI MAY TERMINATE THE NEW MANAGEMENT AGREEMENT IF CERTAIN OBJECTIVE PERFORMANCE CRITERIA ARE NOT MET. CCI ALSO ENTERED INTO A MANAGEMENT FEE SUBORDINATION AGREEMENT WITH REDWOOD-ERC MANAGEMENT, LLC WHICH SUBORDINATES THE PAYMENT OF THE MANAGEMENT FEE TO THE PAYMENT OF THE ORGANIZATION'S BOND OBLIGATIONS. GARRET FALCONE, EXECUTIVE DIRECTOR, RICHARD CALVERT, DIRECTOR OF FINANCE, CLARA PARKER, EXECUTIVE DIRECTOR, NEAL GANTERT, DIRECTOR OF FINANCE, JOSEPH NEAULT, DIRECTOR OF GENERAL SERVICES, AND DONALD GROVE, DIRECTOR OF SALES, ARE LEASED EMPLOYEES FROM THE MANAGMENT COMPANY. THE FILING ORGANIZATION REIMBURSES THE MANAGEMENT COMPANY FOR THEIR COMPENSATION WHICH IS REPORTED ON FORM 990, PART VII, SECTION A. FORM 990, PART VI, SECTION B, LINE 11 THE BOARD CHAIR AND THE AUDIT COMMITTEE OF THE BOARD HAVE THE RESPONSIBILITY TO REVIEW FORM 990 PRIOR TO ITS FILING OR TO DESIGNATE ANOTHER BOARD MEMBER TO REVIEW THE FORM. THE FULL BOARD IS GIVEN THE OPPORTUNITY TO REVIEW THE FINAL VERSION OF FORM 990 BEFORE IT IS FILED AND ASK QUESTIONS OF THE AUDIT COMMITTEE OR THE REVIEWER REGARDING THE FORM. THE BOARD CHAIR DESIGNATES AN OFFICER TO SIGN FORM 990. FORM 990, PART VI, SECTION B, LINE 12C CHARLESTOWN COMMUNITY, INC.'S CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS, KEY EMPLOYEES, EMPLOYEES AND VOLUNTEERS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER CHARLESTOWN COMMUNITY, INC.'S AFFAIRS, COMMITTEE MEMBERS, PROSPECTIVE DIRECTORS, AND SENIOR STAFF PROVIDING SERVICES TO THE ORGANIZATION UNDER A MANAGEMENT AGREEMENT. EACH COVERED PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY AND AS POTENTIAL CONFLICTS ARISE DURING THE YEAR. THESE STATEMENTS ARE REVIEWED BY THE BOARD CHAIR WHO MAY CONSULT WITH THE ORGANIZATION'S MANAGING DIRECTOR FOR GOVERNANCE AND/OR INDEPENDENT LEGAL COUNSEL IN ORDER TO DETERMINE IF THERE IS A CONFLICT OF INTEREST. THE BOARD CHAIR PREPARES A REPORT FOR THE EXECUTIVE COMMITTEE WHICH REVIEWS THE FINDINGS AND RECOMMENDS APPROPRIATE ACTION TO THE FULL BOARD. EITHER THE FULL BOARD OR A COMMITTEE OF DISINTERESTED DIRECTORS WILL DETERMINE WHETHER A CONFLICT ACTUALLY EXISTS. A COVERED PERSON MAY NOT PARTICIPATE IN ANY DISCUSSION OR DEBATE BY THE BOARD BUT MAY ANSWER QUESTIONS OR PROVIDE CLARIFYING INFORMATION UNLESS ANY BOARD MEMBER OBJECTS. FORM 990, PART VI, SECTION B, LINE 15 REFERENCE TO DIRECTORS IS THE MANAGEMENT DIRECTORS, NOT THE BOARD OF DIRECTORS. THE BOARD HAS APPROVED A DIRECTORS' COMPENSATION POLICY WHICH ESTABLISHES THE PROCESS BY WHICH ALL DIRECTOR COMPENSATION IS DETERMINED. BOARD MEMBERS SERVE WITHOUT COMPENSATION. A REVIEW OF THE MANAGEMENT DIRECTORS' COMPENSATION IS CONDUCTED EACH FISCAL YEAR. COMPENSATION IS APPROACHED ON AN OVERALL BASIS AND THE TOTAL VALUE OF ALL FORMS OF COMPENSATION IS ESTABLISHED AND MONITORED. AN INDEPENDENT COMPENSATION CONSULTANT IS PERIODICALLY RETAINED TO PERFORM AN ANALYSIS OF CHARLESTOWN COMMUNITY, INC.'S COMPENSATION USING COMPARABLES OF BOTH FOR-PROFIT AND NON-PROFIT PEERS. A COMMITTEE OF THE ORGANIZATION'S BOARD REVIEWS THE CONSULTANT'S REPORT AND MAKES A RECOMMENDATION TO THE ORGANIZATION AS TO APPROPRIATE COMPENSATION OF DIRECTORS. THE FULL BOARD HAS ACCESS TO CHARLESTOWN COMMUNITY INC.'S CONSULTANT'S REPORT AND AN OPPORTUNITY TO QUESTION THE CONSULTANT ABOUT THE PROCESS, METRICS, AND COMPARABLES THAT WERE USED IN DETERMINING THE RECOMMENDED COMPENSATION. THE BOARD THEN VOTES ON THE COMPENSATION RECOMMENDATIONS AND A CONTEMPORANEOUS RECORD IS MADE OF THE MEETING AND THE VOTE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AT THE EXECUTIVE DIRECTOR'S OFFICE. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE BOARD OVERSEES THE FINANCIAL STATEMENT AUDIT PROCESS AS WELL AS THE SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS. THE PROCESS HAS BEEN CONSISTENT WITH PRIOR YEARS. MISSION STATEMENT - 990 PAGE 1, PART I, LINE 1 AND PART III, LINE 1 MISSION STATEMENT CHARLESTOWN COMMUNITY, INC. IS FORMED EXCLUSIVELY FOR EDUCATIONAL, SCIENTIFIC, AND CHARITABLE PURPOSES, INCLUDING: THE PROMOTION OF THE HEALTH OF THE ELDERLY THROUGH THE PROVISION OF A RESIDENTIAL COMMUNITY OFFERING VARIOUS LEVELS OF SERVICES FOR ELDERLY PERSONS; CARRYING ON EDUCATIONAL ACTIVITIES RELATED TO THE PROMOTION OF HEALTH OF THE RESIDENTIAL COMMUNITY; PROMOTION OF AND CARRYING ON SCIENTIFIC RESEARCH RELATED TO THE HEALTH OF THE RESIDENTIAL COMMUNITY; AND PERFORMING OTHER ACTIVITIES PERMITTED UNDER THE GENERAL LAWS OF THE STATE OF MARYLAND, TO THE EXTENT SUCH ACTIVITIES ARE PERMITTED BY ORGANIZATIONS WHICH ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IN ADDITION, CHARLESTOWN COMMUNITY, INC.'S EXEMPT PURPOSE IS TO PROVIDE A HOME FOR THE AGED THAT SATISFIES THE THREE PRIMARY NEEDS OF AGED PERSONS - - THE NEED FOR HOUSING, THE NEED FOR HEALTH CARE, AND THE NEED FOR FINANCIAL SECURITY. CHARLESTOWN COMMUNITY, INC. PROVIDES HOUSING BY ESTABLISHING RESIDENTIAL FACILITIES THAT ARE SPECIFICALLY DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, RELIGIOUS, AND SIMILAR NEEDS OF AGED PERSONS. CHARLESTOWN COMMUNITY, INC. PROVIDES HEALTH CARE BY DIRECTLY PROVIDING SOME MEDICAL SERVICES, AND MAINTAINING CONTINUING ARRANGEMENTS WITH OTHER ORGANIZATIONS DESIGNED TO MAINTAIN THE PHYSICAL AND MENTAL WELL-BEING OF ITS RESIDENTS. CHARLESTOWN COMMUNITY, INC. PROVIDES FINANCIAL SECURITY BY HAVING AN ESTABLISHED POLICY THAT PROVIDES FOR THE MAINTAINING OF RESIDENCE OF ANY PERSONS WHO BECOME UNABLE TO PAY THEIR REGULAR CHARGES TO THE EXTENT OF ITS FINANCIAL ABILITY. CHARLESTOWN COMMUNITY, INC. ALSO OPERATES SO AS TO PROVIDE ITS SERVICES TO THE AGED AT THE LOWEST FEASIBLE COSTS. ST CHARLES ASSOCIATES LTD 719 MAIDEN CHOICE LANE BALTIMORE MD 21228 592193189 BENEFICIAL LANDOWNER MD 0 0 CHARLESTOWN COMMUNITY INC CHARLESTOWN COMMUNITY REAL ESTATE LLC 719 MAIDEN CHOICE LANE BALTIMORE MD 21228 522199208 DISREGARDED ENTITY MD 0 0 CHARLESTOWN COMMUNITY INC CHARLESTOWN BENEVOLENT CARE FOUNDATION INC 719 MAIDEN CHOICE LANE BALTIMORE MD 21228 522350026 SUPPORTING ORGANIZATION MD 501(C)(3) LINE 11A, I CHARLESTOWN COMMUNITY INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0