2023-11-14T07:48:01-06:00 2022-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2022-01-01 900626767 ACTS RETIREMENT SERVICES INC GRP EXEMP ACTS 2156618330 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 SUSAN AHEARN TREASURER 2156618330 2023-11-13 1 SUSAN AHEARN XXX-XX-XXXX 1 KERRI N BOGDA CPA P00760402 7177404863 2023-11-13 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z GERALD T GRANT 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 72500995 1 1 5614 X WWW.ACTSRETIREMENT.ORG X ACTS RETIREMENT SERVICES' PURPOSE IS TO SERVE OLDER ADULTS SIXTY-TWO YEARS OF AGE AND OLDER, PROVIDING RETIREMENT-LIFE SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, SKILLED NURSING CARE AND COMPLEMENTARY SERVICES; RESPONSIVE TO RESIDENT NEEDS IN A CHRISTIAN MANNER WITHOUT PREJUDICE OR PREFERENCE TO ANY FAITH, IN AN EXPRESSION OF LOVING KINDNESS. 7 5 894 6 0 0 46145 0 61440183 68770236 317397 668361 196012 131045 61999737 69569642 0 150450 0 0 53635310 63215200 0 0 811316 7306089 7816725 60941399 71182375 1058338 -1612733 53774543 52920011 41067842 40301474 12706701 12618537 X ACTS RETIREMENT SERVICES, INC. IS COMMITTED TO PROVIDING SECURITY AND PEACE OF MIND TO SENIORS BY BEING THE PRE-EMINENT PROVIDER OF RETIREMENT-LIFE SERVICES, RESPONSIVE TO INDIVIDUAL, SOCIAL, PERSONAL, HEALTH AND SPIRITUAL NEEDS IN A CHRISTIAN ATMOSPHERE GRACED WITH LOVING KINDNESS, DIGNITY, SENSITIVITY, HONESTY, AND RESPECT WITHOUT PREJUDICE OR PREFERENCE. 0 0 54831632 150450 68770236 ACTS SIGNATURE COMMUNITY SERVICES, INC. (ASCS) PROVIDES SERVICES, SUCH AS HOSPICE, HOME HEALTH, AND PRIMARY CARE SERVICES, TO RESIDENTS LIVING IN CONTINUING CARE RETIREMENT COMMUNITIES THAT ARE RUN BY ACTS RETIREMENT-LIFE COMMUNITIES, INC. AND TO OTHER INDIVIDUALS WITHIN THE SURROUNDING COMMUNITY AND CONDUCTS OTHER ACTIVITIES AND STUDIES THAT AFFECT SENIORS.ACTS MANAGEMENT SERVICES, INC. (AMS) PROVIDES CENTRALIZED MANAGEMENT AND DEVELOPMENT SERVICES FOR ALL OF THE ACTS ENTITIES. 54831632 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 28 0 894 1 0 0 0 0 0 0 0 0 0 0 1 0 X 7 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X SUSAN AHERN TREASURER 2156618330 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 X GERALD T GRANT CEO & CHAIRMAN (ASCS) 17.00 38.10 X X 818586 0 541934 KAREN I CHRISTIANSEN PRESIDENT & ASSISTANT SECRETARY 17.50 37.60 X X 593046 0 212745 DANIEL W LAWSON II DIRECTOR, AMS & AAM 0.60 1.50 X 0 0 0 DILIP A KULATHUM DIRECTOR, AMS & ASCS (UNTIL 12/4/22) 1.00 4.10 X 0 0 0 JOHN L ESTERHAI JR MD CHAIRMAN, AMS & AAM, DIRECTOR, ASCS 0.50 3.80 X X 0 0 0 MARVIN MASHNER DIRECTOR, AMS & AAM 0.40 4.20 X 0 0 0 ROBERT B EVANS DIRECTOR, ASCS 0.50 5.50 X 0 0 0 THOMAS A DUNN III DIRECTOR, AMS & AAM 0.40 2.20 X 0 0 0 GLENN D FOX EVP LEGAL, COMP, RISK & SEC'Y 12.00 38.10 X 463488 0 360930 CHARLES W COXSON III EXEC VP & COO (TO MARCH 2022) 15.00 30.00 X 2695355 0 9536 CHRISTOPHER J HARTMAN SR VP, IT OPERATIONS 15.00 30.00 X 224055 0 20084 DEIRDRE GROENEN SVP, CHIEF HUMAN RESOURCES 15.00 30.00 X 308738 0 19878 GARY J N GINTER SVP, PROCUREMENT & CONTRACT MGMT. 12.00 33.00 X 309528 0 26771 GEORGE R BRYAN VP OF OPERATIONS SOUTHEAST 15.00 31.00 X 287849 0 29858 HOLLY S SCHADE SVP, CHIEF CLINICAL OFFICER 45.00 0.00 X 364879 0 20062 JAMES H PETTY SVP, STRATEGY & MISSION DEV. 15.00 30.00 X 346322 0 30444 JEFFERSON D KAIGHN EVP & CAO 15.00 30.00 X 414958 0 213551 JEREMY O NEELY SVP, COMMUNITY OPERATIONS 15.00 30.00 X 318130 0 25348 JONATHAN D GRANT EXEC VP & COO 15.00 33.10 X 381300 0 25527 KENNETH J KARMERIS SVP REAL ESTATE AND DEVEL. SVCS. 20.00 25.00 X 334206 0 26847 LORI M WOODWARD SVP, CHIEF MARKETING OFFICER 20.00 25.00 X 363206 0 19991 MEGAN LONGLEY VP SALES 15.00 30.00 X 286818 0 18895 PATRICK M PLUMADORE VP, HOSPITALITY & RESTAUR. SVC. 15.00 30.00 X 296279 0 12516 PAUL M REINBOLD MDCMD VP & CHIEF MEDICAL DIRECTOR 15.00 30.00 X 363519 0 30438 PETER J KRESS SVP & CIO 15.00 30.00 X 328419 0 26815 DAVID VEGA VP, OPERATIONS ANALYSIS & COMP 15.00 30.00 X 166584 0 7009 SEAN T FLETCHER VP, PROP. MGT. & CONSTRUCT. SVC. 15.00 30.00 X 254212 0 17725 STEPHEN LA PIERRE VP OF OPERATIONS NORTHEAST 15.00 30.00 X 286035 0 19045 STEPHEN V EGGLES VP OF OPERATIONS MIDSOUTH 15.00 30.00 X 286328 0 29903 SUSAN AHERN SVP & CFO, TREASURER 16.50 36.60 X 313772 0 30336 TERESA MOORE VP, RESIDENT HEALTH SERVICES 15.00 30.00 X 227080 0 16590 TERUKO A WHITE VP OF OPERATIONS, MID-ATLANTIC 15.00 30.00 X 296095 0 24476 PEGGY C VALDIVIA VP & CONTROLLER, ASST. TREAS. 15.50 33.60 X 208602 0 26391 BRIAN LEVESQUE EXECUTIVE DIRECTOR 5.00 40.00 X 210947 0 19477 RICHARD CURTIS EXECUTIVE DIRECTOR 5.00 40.00 X 213430 0 22819 DENNIS GRIEST PRESIDENT, AAM (THRU 10/3/22) 40.00 0.00 X 263025 0 22639 BRIAN RUTTER CMO, AAM 40.00 0.00 X 228556 0 17061 CRAIG THOMPSON PRESIDENT, AAM 40.00 0.00 X 239763 0 24927 12693110 0 1950568 177 0 1 0 WILLOW VALLEY ASSOCIATES INC 100 WILLOW VALLEY SQ LANCASTER PA 17602 PROPERTY MANAGEMENT 261344 KAREO INC 3353 MICHELSON DR IRVINE CA 92612 IT SOFTWARE/CONSULTING 119910 2 MGMT SERVICES REVENUE 541610 50154774 50154774 RESIDENT SERVICE REVENUE 623000 12607137 12607137 MEDICARE 623000 6008325 6008325 68770236 42157 42157 1626 1626 208423 77418 131005 131005 131005 3478513 2853935 624578 624578 624578 DISCOUNTS EARNED 900099 40 40 40 69569642 68770236 0 799406 150450 150450 12144967 9146013 2998954 432663 333192 99471 39664548 31214867 7855812 593869 2972939 2742152 230787 4398491 3564965 832881 645 3601592 2899025 661804 40763 83873 83873 68905 68905 74042 53640 20402 608313 579044 26869 2400 23157 12205 10952 774184 119661 614977 39546 208314 163709 44605 931294 634422 296872 1694553 1260776 400483 33294 28477 28477 356825 356825 1383194 390761 992433 181674 155950 25724 BAD DEBT 619651 619651 MEDICAL SUPPLIES 323681 323681 SALES TAX 44886 2313 42573 LICENSE & FEES 36744 17903 15259 3582 374958 279299 63449 32210 71182375 54831632 15539427 811316 175 175 4460576 3108058 2246600 2710720 913526 755998 21060114 5328847 21150028 15731267 5226786 3352914 4450000 3560000 15326852 23700879 53774543 52920011 23154809 24188426 17912468 16113048 565 0 41067842 40301474 X 12706701 12618537 12706701 12618537 53774543 52920011 X -1612733 -1216647 2741216 X X 0 1 X 1 1 1 X X X 7 ACTS SIGNATURE COMMUNITY SERVICES INC 264573131 10 1 0 1916086 ACTS RETIREMENT-LIFE COMMUNITIES INC 231900132 10 1 0 36717817 HERON POINT OF CHESTERTOWN INC 521530598 10 0 0 1540004 PRESBYTERIAN RETIREMENT CORPORATION INC 630770753 10 0 0 1427592 THE EVERGREENS 210634485 10 0 0 1649196 COPPER RIDGE INC 521750659 10 0 0 0 INTEGRACE INC 521710891 10 0 0 4714677 7 0 47965372 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE A, PART IV: THIS RETURN IS A GROUP RETURN INCLUDING ACTS SIGNATURE COMMUNITY SERVICES, INC. WHICH IS A 501(C)(3) ORGANIZATION ORGANIZED UNDER 509(A)(2), AND ACTS MANAGEMENT SERVICES, INC. WHICH IS A 501(C)(3) ORGANIZATION ORGANIZED UNDER 509(A)(3). PART IV, SECTION A, LINE 1: ACTS RETIREMENT-LIFE COMMUNITIES, INC., A RELATED PENNSYLVANIA TAX-EXEMPT ORGANIZATION (THROUGH ITS WHOLLY-OWNED SUBSIDIARY ACTS ACQUISITION COMPANY, LLC), IS THE SOLE MEMBER OF PRESBYTERIAN RETIREMENT CORPORATION, INC., AN ALABAMA TAX-EXEMPT ORGANIZATION, AND INTEGRACE, INC., A MARYLAND TAX-EXEMPT ORGANIZATION. ACTS RETIREMENT-LIFE COMMUNITIES, INC., A RELATED PENNSYLVANIA TAX-EXEMPT ORGANIZATION (THROUGH ITS WHOLLY-OWNED SUBSIDIARY ACTS ACQUISTION COMPANY, LLC), WAS THE SOLE MEMBER OF HERON POINT CHESTERTOWN, INC., A MARYLAND TAX-EXEMPT ORGANIZATION, AND THE EVERGREENS, A NEW JERSEY TAX-EXEMPT ORGANIZATION THROUGH DECEMBER 31, 2022. THE SOLE MEMBER HAS THE RIGHT TO ELECT THE MEMBERS OF EACH ORGANIZATION'S BOARD AND AMEND THE ARTICLES OF INCOPORATION AND BYLAWS. 750000 750000 19262017 4791704 14470313 1048097 537143 510954 15731267 DUE FROM AFFILIATED ORGANIZATIONS 23700879 23700879 0 WILLOW VALLEY COMMUNITIES 450 WILLOW VALLEY LAKES DR WILLOW STREET PA 17584 232226098 501(C)(3) 150000 0 MEMORY CARE CENTER 1 0 X 1 0 X X X X 0 1 0 0 0 0 0 0 0 CHARLES W COXSON III EXEC VP & COO (TO MARCH 2022) 184794 0 101850 0 2408711 0 6192 0 3344 0 2704891 0 2408711 0 GERALD T GRANT CEO & CHAIRMAN (ASCS) 602062 0 216524 0 0 0 527221 0 14713 0 1360520 0 0 0 GLENN D FOX EVP LEGAL, COMP, RISK & SEC'Y 364548 0 98940 0 0 0 346217 0 14713 0 824418 0 0 0 KAREN I CHRISTIANSEN PRESIDENT & ASSISTANT SECRETARY 444870 0 148176 0 0 0 194451 0 18294 0 805791 0 0 0 JEFFERSON D KAIGHN EVP & CAO 323818 0 91140 0 0 0 198838 0 14713 0 628509 0 0 0 JONATHAN D GRANT EXEC VP & COO 307944 0 73356 0 0 0 7278 0 18249 0 406827 0 0 0 PAUL M REINBOLD MDCMD VP & CHIEF MEDICAL DIRECTOR 297369 0 66150 0 0 0 12200 0 18238 0 393957 0 0 0 HOLLY S SCHADE SVP, CHIEF CLINICAL OFFICER 290766 0 74113 0 0 0 12200 0 7862 0 384941 0 0 0 LORI M WOODWARD SVP, CHIEF MARKETING OFFICER 289472 0 73734 0 0 0 12200 0 7791 0 383197 0 0 0 JAMES H PETTY SVP, STRATEGY & MISSION DEV. 273309 0 73013 0 0 0 12200 0 18244 0 376766 0 0 0 KENNETH J KARMERIS SVP REAL ESTATE AND DEVEL. SVCS. 266831 0 67375 0 0 0 12200 0 14647 0 361053 0 0 0 PETER J KRESS SVP & CIO 264157 0 64262 0 0 0 12200 0 14615 0 355234 0 0 0 SUSAN AHERN SVP & CFO, TREASURER 254606 0 59166 0 0 0 12200 0 18136 0 344108 0 0 0 JEREMY O NEELY SVP, COMMUNITY OPERATIONS 260171 0 57959 0 0 0 12200 0 13148 0 343478 0 0 0 GARY J N GINTER SVP, PROCUREMENT & CONTRACT MGMT. 251329 0 58199 0 0 0 12200 0 14571 0 336299 0 0 0 DEIRDRE GROENEN SVP, CHIEF HUMAN RESOURCES 246373 0 62365 0 0 0 12200 0 7678 0 328616 0 0 0 TERUKO A WHITE VP OF OPERATIONS, MID-ATLANTIC 238719 0 57376 0 0 0 12037 0 12439 0 320571 0 0 0 GEORGE R BRYAN VP OF OPERATIONS SOUTHEAST 232803 0 55046 0 0 0 11780 0 18078 0 317707 0 0 0 STEPHEN V EGGLES VP OF OPERATIONS MIDSOUTH 229825 0 56503 0 0 0 11839 0 18064 0 316231 0 0 0 PATRICK M PLUMADORE VP, HOSPITALITY & RESTAUR. SVC. 246261 0 50018 0 0 0 11820 0 696 0 308795 0 0 0 MEGAN LONGLEY VP SALES 236952 0 49866 0 0 0 11253 0 7642 0 305713 0 0 0 STEPHEN LA PIERRE VP OF OPERATIONS NORTHEAST 233647 0 52388 0 0 0 11416 0 7629 0 305080 0 0 0 DENNIS GRIEST PRESIDENT, AAM (THRU 10/3/22) 233025 0 30000 0 0 0 10246 0 12393 0 285664 0 0 0 SEAN T FLETCHER VP, PROP. MGT. & CONSTRUCT. SVC. 210292 0 43920 0 0 0 10142 0 7583 0 271937 0 0 0 CRAIG THOMPSON PRESIDENT, AAM 229763 0 10000 0 0 0 9873 0 15054 0 264690 0 0 0 BRIAN RUTTER CMO, AAM 182056 0 46500 0 0 0 9285 0 7776 0 245617 0 0 0 CHRISTOPHER J HARTMAN SR VP, IT OPERATIONS 184972 0 39083 0 0 0 8985 0 11099 0 244139 0 0 0 TERESA MOORE VP, RESIDENT HEALTH SERVICES 186580 0 40500 0 0 0 9042 0 7548 0 243670 0 0 0 RICHARD CURTIS EXECUTIVE DIRECTOR 182227 0 31203 0 0 0 8808 0 14011 0 236249 0 0 0 PEGGY C VALDIVIA VP & CONTROLLER, ASST. TREAS. 177090 0 31512 0 0 0 8482 0 17909 0 234993 0 0 0 BRIAN LEVESQUE EXECUTIVE DIRECTOR 180717 0 30230 0 0 0 8646 0 10831 0 230424 0 0 0 DAVID VEGA VP, OPERATIONS ANALYSIS & COMP 145657 0 20927 0 0 0 0 0 7009 0 173593 0 0 0 PART I, LINE 1A THE ORGANIZATION HAS AN ANNUAL BOARD OF DIRECTORS' EDUCATIONAL RETREAT NEAR ONE OR MORE OF THE ORGANIZATION'S COMMUNITIES, WHICH MAY REQUIRE SOME OR ALL BOARD MEMBERS TO TRAVEL. SPOUSES OF BOARD MEMBERS ARE ALSO INVITED TO ATTEND AT THE COMPANY'S EXPENSE. THESE SPOUSES PARTICIPATE IN EDUCATIONAL SESSIONS, SINCE THEY TOO HAVE AN INTEREST IN THE MISSION OF THE ORGANIZATION, FREQUENTLY BECOME INVOLVED IN DISCUSSION OF THEIR SPOUSE'S ROLE AND HOW THE ORGANIZATION FUNCTIONS, AND ALSO MUST PROVIDE ENABLING SUPPORT TO THE BOARD MEMBER. IN ADDITION, SPOUSES ALSO PROVIDE INSIGHT INTO THE EFFECTS OF ORGANIZATIONAL PLANS AND STRATEGIES. AS SUCH, THIS BENEFIT WAS NOT TREATED AS TAXABLE COMPENSATION. PART I, LINE 3 IT HAS BEEN THE PRACTICE OF THE MANAGEMENT COMPANY, ACTS MANAGEMENT SERVICES, INC., TO UTILIZE AND INDEPENDENT COMPENSATION CONSULTANT ON AN APPROXIMATELY BIENNIAL BASIS FOR THE PURPOSE OF REVIEWING THE COMPENSATION PROGRAM FOR THE ORGANIZATION'S TOP MANAGEMENT POSITIONS, RANGING FROM THE COMMUNITY MANAGERS UP TO THE CEO. THE STUDY, THE LATEST VERSION OF WHICH WAS COMPLETED IN 2020, INCLUDES COMPARISON OF NOT-FOR-PROFIT AND FOR-PROFIT COMPETITORS, OPERATING EFFECTIVENESS, IDENTIFICATION OF INDUSTRY SPECIFIC TRENDS OR PRACTICES IN COMPENSATION OR RECRUITMENT/EMPLOYMENT. MEASUREMENT AND ACTION ARE GENERALLY FOCUSED AT THE MEDIAN AND SLIGHTLY ABOVE IN ACCORDANCE WITH LEVELS IDENTIFIED IN THE STUDY. THE REPORTS' FINDINGS ARE REVIEWED WITH THE PARENT BOARD OFFICERS. COMPENSATION ADJUSTMENTS FOR THE PRESIDENT & CEO ARE DETERMINED BY A COMMITTEE OF INDEPENDENT BOARD MEMBERS APPOINTED BY THE CHAIRMAN AND ARE BASED ON THE FINDINGS OF THE MOST RECENT STUDY AND A REVIEW OF PERFORMANCE COMPARED AGAINST OBJECTIVE CRITERIA. THIS DETERMINATION IS REPORTED TO AND APPROVED BY THE BOARD OF DIRECTORS AND IS DOCUMENTED IN WRITING BY THE BOARD CHAIR. SIMILARLY, COMPENSATION ADJUSTMENTS FOR THE MOST SENIOR MEMBERS OF MANAGEMENT REFLECT STUDY FINDINGS AND PERFORMANCE MEASUREMENT AGAINST SPECIFIED CRITERIA AND ARE DETERMINED BY THE CEO AND REVIEWED BY THE BOARD CHAIR. PART I, LINE 4B OTHER COMPENSATION FOR KAREN I. CHRISTIANSEN, CHARLES W. COXSON, III, GERALD T. GRANT, GLENN D. FOX, AND JEFFERSON D. KAIGHN INCLUDES ACCRUALS FOR A DEFERRED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. THE AMOUNT OF THE CURRENT YEAR ACCRUAL IS $182,251 FOR KAREN I. CHRISTIANSEN (NON-VESTED), $515,021 FOR GERALD T. GRANT (NON-VESTED), $334,017 FOR GLENN D. FOX (NON-VESTED), AND $186,638 FOR JEFFERSON D. KAIGHN (NON-VESTED). OTHER COMPENSATION FOR CHARLES W. COXSON, III, REFLECTS A SUPPLEMENTAL RETIREMENT PAYMENT OF $2,408,711. KAREN I CHRISTIANSEN OFFICER OF AMS 158244 FAMILY RELATIONSHIP; KAREN I. CHRISTIANSEN, AN OFFICER OF ACTS MANAGEMENT SERVICES, INC., HAS TWO FAMILY MEMBERS WHO ARE EMPLOYED BY ACTS MANAGEMENT SERVICES, INC. MRS. CHRISTIANSEN DOES NOT DIRECTLY SUPERVISE THESE INDIVIDUALS, AND THEREFORE IS NOT INVOLVED IN DETERMINING COMPENSATION AND REVIEWING PERFORMANCE. 0 CHRISTOPHER J HARTMAN SR OFFICER OF AMS 72115 FAMILY RELATIONSHIP; CHRISTOPHER J. HARTMAN, SR., AN OFFICER OF ACTS MANAGEMENT SERVICES, INC., HAS TWO FAMILY MEMBERS WHO ARE EMPLOYED BY ACTS MANAGEMENT SERVICES, INC. MR. HARTMAN DOES NOT DIRECTLY SUPERVISE THESE INDIVIDUALS, AND THEREFORE IS NOT INVOLVED IN DETERMINING COMPENSATION AND REVIEWING PERFORMANCE. 0 SUSAN AHERN OFFICER OF AMS 114725 FAMILY RELATIONSHIP; SUSAN AHERN, AN OFFICER OF ACTS MANAGEMENT SERVICES, INC., HAS TWO FAMILY MEMBERS WHO ARE EMPLOYED BY ACTS MANAGEMENT SERVICES, INC. MS. AHERN DOES NOT DIRECTLY SUPERVISE THESE INDIVIDUALS, AND THEREFORE IS NOT INVOLVED IN DETERMINING COMPENSATION AND REVIEWING PERFORMANCE. 0 PEGGY VALDIVIA OFFICER OF AMS 64483 FAMILY RELATIONSHIP; PEGGY VALDIVIA, AN OFFICER OF ACTS MANAGEMENT SERVICES, INC., HAS ONE FAMILY MEMBER WHO IS EMPLOYED BY ACTS MANAGEMENT SERVICES, INC. MS. VALDIVIA DOES NOT DIRECTLY SUPERVISE THIS INDIVIDUAL, AND THEREFORE IS NOT INVOLVED IN DETERMINING COMPENSATION AND REVIEWING PERFORMANCE. 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO TRANSACT SUCH BUSINESS AS SHALL BE NECESSARY FOR THE ADMINISTRATION AND OPERATION OF THE CORPORATION BETWEEN BOARD OF DIRECTORS MEETINGS SUBJECT TO CERTAIN LIMITS SPECIFIED IN THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 2 KAREN I. CHRISTIANSEN, AN OFFICER OF ACTS MANAGEMENT SERVICES, INC., HAS A FAMILY RELATIONSHIP WITH CHRISTOPHER J. HARTMAN, WHO IS ALSO AN OFFICER OF ACTS MANAGEMENT SERVICES, INC. FORM 990, PART VI, SECTION B, LINE 11B AFTER REVIEW BY THE ACTS' CFO, THE FORM 990 IS REVIEWED, BEFORE FILING, BY THE ACTS BOARD OF DIRECTORS' AUDIT AND COMPLIANCE COMMITTEE, WHICH INCLUDES TWO CERTIFIED PUBLIC ACCOUNTANTS. THE FORM 990 IS THEN PROVIDED TO THE OTHER MEMBERS OF THE ACTS RETIREMENT SERVICES, INC. GOVERNING BODY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST QUESTIONNAIRE IS COMPLETED ON AN ANNUAL BASIS BY THE ORGANIZATION'S OFFICERS, DIRECTORS AND TRUSTEES. THE OFFICERS AND DIRECTORS REPORT ON ANY FAMILY OR BUSINESS RELATIONSHIPS WITH ANY BOARD MEMBER, OFFICER OR KEY EMPLOYEE OF THE ORGANIZATION AND ITS AFFILIATES. IF ANY FAMILY OR BUSINESS RELATIONSHIPS ARE DISCLOSED, THEY ARE REPORTED ON SCHEDULE L AS APPROPRIATE. IN ADDITION, THE RESPONSES ARE REVIEWED BY THE PRESIDENT & CEO AND CHAIRMAN OF THE BOARD OF DIRECTORS TO DETERMINE IF CONFLICTS ARE PRESENT AND IF SO, THE EXTENT OF THE CONFLICT. FOR CONFLICTS THAT ARISE, THE OFFICER, DIRECTOR OR TRUSTEE MUST RECUSE THEMSELVES FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS THAT INVOLVE THE DETERMINED CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 IT HAS BEEN THE PRACTICE OF THE MANAGEMENT COMPANY, ACTS MANAGEMENT SERVICES, INC., TO ENGAGE AN INDEPENDENT COMPENSATION CONSULTANT ON AN APPROXIMATELY BIENNIAL BASIS FOR THE PURPOSE OF REVIEWING THE COMPENSATION PROGRAM FOR THE ORGANIZATION'S TOP MANAGEMENT POSITIONS, RANGING FROM COMMUNITY MANAGERS UP TO THE CEO. THE STUDY, THE LATEST VERSION OF WHICH WAS COMPLETED IN 2020, INCLUDES COMPARISON OF NOT-FOR-PROFIT AND FOR-PROFIT COMPETITORS, OPERATING EFFECTIVENESS, AND IDENTIFICATION OF INDUSTRY SPECIFIC TRENDS OR PRACTICES IN COMPENSATION OR RECRUITMENT/EMPLOYMENT. MEASUREMENT AND ACTION ARE GENERALLY FOCUSED AT LEVELS FROM THE MEDIAN UP TO THE SEVENTY-FIFTH PERCENTILE AS IDENTIFIED IN THE STUDY. THE REPORTS' GENERAL FINDINGS ARE REVIEWED WITH BOARD OFFICERS. COMPENSATION ADJUSTMENTS FOR THE PRESIDENT & CEO ARE DETERMINED BY A COMMITTEE OF INDEPENDENT BOARD MEMBERS APPOINTED BY THE CHAIRMAN AND ARE BASED ON THE FINDINGS OF THE MOST RECENT STUDY AND A REVIEW OF PERFORMANCE COMPARED AGAINST OBJECTIVE CRITERIA. THIS DETERMINATION IS REPORTED TO AND APPROVED BY THE BOARD OF DIRECTORS AND IS DOCUMENTED IN WRITING BY THE BOARD CHAIR. SIMILARLY, COMPENSATION ADJUSTMENTS FOR THE MOST SENIOR MEMBERS OF MANAGEMENT REFLECT STUDY FINDINGS AND PERFORMANCE MEASUREMENT AGAINST SPECIFIED CRITERIA AND ARE DETERMINED BY THE CEO AND REVIEWED WITH THE BOARD CHAIR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICIES ARE FILED WITH NUMEROUS REGULATORY AUTHORITIES AND THEREFORE, ARE AVAILABLE TO THE PUBLIC. IN ADDITION, UPON RECEIPT OF A REQUEST AND ITS REVIEW, THE ORGANIZATION WILL MAKE AVAILABLE SUCH DOCUMENTS, AS DEEMED APPROPRIATE. AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC. CERTAIN FINANCIAL STATEMENTS, SUCH AS ANNUAL REPORTS AND QUARTERLY REPORTS, ARE POSTED TO THE ORGANIZATION'S WEBSITE. CERTAIN OTHER FINANCIAL STATEMENTS ARE ALSO PROVIDED UPON REQUEST. FORM 990, PART VII, COMPENSATION OF OFFICERS* OTHER COMPENSATION INCLUDES ACCRUALS FOR A DEFERRED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR KAREN I. CHRISTIANSEN (NON-VESTED), GERALD T. GRANT (NON-VESTED), AND JEFFERSON D. KAIGHN (NON-VESTED). FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS 2,741,216. PART XII, FINANCIAL STATEMENTS AND REPORTING THE ORGANIZATION'S ANNUAL FINANCIAL STATEMENTS ARE AUDITED ON A CONSOLIDATED BASIS AND THE ORGANIZATION HAS AN AUDIT AND COMPLIANCE COMMITTEE CONSISTING OF BOARD MEMBERS ONLY THAT EXERCISES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT. ACTS RETIREMENT-LIFE COMMUNITIES MANAGEMENT LLC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 921611678 PROVIDES MANAGEMENT AND RELATED SERVICES TO SENIOR LIVING PROVIDERS PA 0 0 ACTS MANAGEMENT SERVICES INC ACTS ALLIANCE MANAGEMENT LLC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 873659859 PROVIDES MANAGEMENT AND RELATED SERVICES TO SENIOR LIVING PROVIDERS PA 3888827 4232988 ACTS MANAGEMENT SERVICES INC ACTS RETIREMENT-LIFE COMMUNITIES INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 231900132 OWNER AND OPERATOR OF CONTINUNING CARE RETIREMENT COMMUNITIES PA 501(C)(3) LINE 10 ACTS RETIREMENT SERVICES INC 0 ACTS LEGACY FOUNDATION INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 912161987 FUNDRAISING DE 501(C)(3) LINE 12A, I ACTS RETIREMENT SERVICES INC 0 HERON POINT OF CHESTERTOWN INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 521530598 CONTINUING CARE RETIREMENT COMMUNITY MD 501(C)(3) LINE 10 ACTS ACQUISITION AND DEVELOPMENT COMPANY LLC 0 PRESBYTERIAN RETIREMENT CORPORATION INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 630770753 CONTINUING CARE RETIREMENT COMMUNITY AL 501(C)(3) LINE 10 ACTS ACQUISITION AND DEVELOPMENT COMPANY LLC 0 THE EVERGREENS 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 210634485 CONTINUING CARE RETIREMENT COMMUNITY NJ 501(C)(3) LINE 10 ACTS ACQUISITION AND DEVELOPMENT COMPANY LLC 0 COPPER RIDGE INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 521750659 LONG-TERM CARE FACILITY MD 501(C)(3) LINE 10 INTEGRACE INC 0 INTEGRACE INC 420 DELAWARE DRIVE FORT WASHINGTON PA 190342711 521710891 OWNS AND OPERATES CONTINUING CARE RETIREMENT COMMUNITIES MD 501(C)(3) LINE 10 ACTS ACQUISITION AND DEVELOPMENT COMPANY LLC 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 0