2024-08-28T11:58:17-05:00 2023-12-31 520547375 MCLEAN KOEHLER SPARKS & HAMMOND 9475 DEERECO ROAD SUITE 408 TIMONIUM MD 21093 990 2023-01-01 520591603 GENERAL GERMAN AGED PEOPLES HOME OF BALTIMORE GENE 4103396000 800 SOUTHERLY ROAD TOWSON MD 21286 MARK BEGGS PRESIDENT 4103366000 2024-07-01 1 1 PAUL M STECKEL CPA P00168979 4102966200 2023 2024-08-08 14:25:15Z EDENWALD MARK BEGGS 800 SOUTHERLY ROAD TOWSON MD 21286 48811010 0 X WWW.EDENWALD.ORG X 1881 MD THE GENERAL GERMAN AGED PEOPLE'S HOME OF BALTIMORE IS A MARYLAND NOT-FOR-PROFIT ORGANIZATION THAT OPERATES A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY ("EDENWALD"), WHICH WAS OPENED FOR OCCUPANCY IN SEPTEMBER 1985, AND PROVIDES SERVICES THROUGH A COMBINATION OF APARTMENTS, ASSISTED LIVING AND COMPREHENSIVE CARE ACCOMMODATIONS. EDENWALD PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO ARE NOT ABLE TO PAY THEIR MONTHLY FEES. IN 2023, EDENWALD PROVIDED ASSISTANCE OF $267,488 TO 7 RESIDENTS OF THE FACILITY. 17 17 401 0 0 0 15800 32460 27233279 32066686 1344019 533926 0 0 28593098 32633072 220588 267488 0 0 14545666 16027393 0 0 0 14516827 15623251 29283081 31918132 -689983 714940 108662751 116156523 120594591 123268643 -11931840 -7112120 X THE GENERAL GERMAN AGED PEOPLE'S HOME OF BALTIMORE IS A MARYLAND NOT-FOR-PROFIT ORGANIZATION THAT OPERATES A CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY ("EDENWALD"), WHICH WAS OPENED FOR OCCUPANCY IN SEPTEMBER 1985, AND PROVIDES SERVICES THROUGH A COMBINATION OF APARTMENTS, ASSISTED LIVING AND COMPREHENSIVE CARE. EDENWALD PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO ARE NOT ABLE TO PAY THEIR MONTHLY FEES. IN 2023, EDENWALD PROVIDED ASSISTANCE OF $267,488 TO 7 RESIDENTS OF THE FACILITY. 0 0 7510585 267488 22266774 RESIDENTS' SERVICES 8129344 3854432 ASSISTED LIVING AND COMPREHENSIVE CARE 7865509 2527559 HOUSEKEEPING, LAUNDRY & DIETARY 4466808 PROPERTY OPERATIONS & MAINTENANCE 4466808 27972246 1 1 0 0 0 1 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 30 0 1 401 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X ROLAND DEVASHER 4103396013 800 SOUTHERLY ROAD TOWSON MD 21286 ANDRI PURKANTO DIRECTOR 0.00 X 0 0 0 LAWRENCE S COOK DIRECTOR 0.00 X 0 0 0 ASTRID WEXLER DIRECTOR 0.00 X 0 0 0 BRUCE J MATTHEISS DIRECTOR 0.00 X 0 0 0 FRANCIS B PALUMBO DIRECTOR 0.00 X 0 0 0 ROBERT L SEEGER DIRECTOR 0.00 X 0 0 0 CORY SILKMAN DIRECTOR 0.00 X 0 0 0 DEBRA S WERTHEIMER MD DIRECTOR/VICE CHAIR 0.00 X X 0 0 0 SCOTT B ENSOR DIRECTOR/SECRETARY 0.00 X X 0 0 0 TRACY J JACOBS DIRECTOR 0.00 X 0 0 0 VINCENT P NESLINE DIRECTOR/CHAIRMAN 0.00 X X 0 0 0 MICHELE EWING DIRECTOR 0.00 X 0 0 0 TIM WESSEL DIRECTOR 0.00 X 0 0 0 ANDY MOORE DIRECTOR 0.00 X 0 0 0 W CHARLES ROGERS III DIRECTOR/TREASURER 0.00 X X 0 0 0 WILLIAM L HERMANN DIRECTOR 0.00 X 0 0 0 CHARLES WAGNER DIRECTOR 0.00 X 0 0 0 MARK BEGGS PRESIDENT 40.00 X 367725 0 13394 ROLAND DEVASHER VICE PRESIDENT OF FINANCE 40.00 X 237385 0 16653 STEVEN ROTHWELL HEALTH CARE ADMINISTRATOR 40.00 X 173906 0 0 DIANE STINCHCOMB MARKETING DIRECTOR 40.00 X 155684 0 10160 AIRA BAUTISTA-ODONNELL DIRECTOR OF NURSING 40.00 X 148749 0 10876 OLUSEGUN OSHODI SENIOR LICENSED PRACTICAL 40.00 X 147066 0 7240 DAVID BROWN VP OF INFORMATION TECHNOLOGY 40.00 X 136168 0 7240 1366683 0 65563 14 0 1 0 US FOOD SERVICE PO BOX 7780-4038 PHILADELPHIA PA 19182 FOOD 1093850 CAMI ENTERPRISE 3500 BAKER SCHOOLHOUSE ROAD FREELAND MD 21053 RENOVATION MATERIALS SUPPLIER 541819 ASSISTED REHAB INC PO BOX 680 RIVERWOOD MD 211390680 THERAPY SERVICES 383307 CAPITAL SEAFOOD PO BOX 23191 NEW YORK NY 100873191 FOOD 285170 WINDSOR ELECTRIC CO INC 10227 S DOLFIELD RD OWINGS MILLS MD 21117 CONSTRUCTION 271953 27 32460 32460 SERVICE FEES 623000 22243685 22243685 ENTRANCE FEES 623000 6405080 6405080 OTHER INCOME 623000 1872208 1872208 MEDICARE FEES 623000 1269717 1269717 NONRESIDENT FOOD SERVICE 623000 275996 275996 32066686 729145 729145 15982719 16025918 152020 -43199 -152020 -195219 -152020 -43199 32633072 31914666 0 685946 267488 267488 2179989 1946454 233535 11189297 9668321 1520976 2658107 2326048 332059 43276 43276 78606 78606 90924 90924 77695 77695 848492 789059 59433 41741 41741 1732143 1732143 4568877 4568877 623137 623137 FOOD 1936289 1931755 4534 UTILITIES 1397045 1397045 MAINTENANCE BUILDING 656203 656203 REAL ESTATE TAXES 601904 586584 15320 2926919 2011345 915574 31918132 27972246 3945886 0 1304131 2790056 260459 283417 3001556 2855025 139827224 74864590 65798694 64962634 19697799 22262475 17902085 21990770 698027 1012146 108662751 116156523 2577166 2792281 41668425 41333994 40871037 38962500 35477963 40179868 120594591 123268643 X -15710637 -11136992 3778797 4024872 -11931840 -7112120 108662751 116156523 714940 4104780 0 X X 0 1 X 1 0 X 9175 98564 20278 15800 32460 176277 27734643 30802420 30246892 28222930 31871467 148878352 27743818 30900984 30267170 28238730 31903927 149054629 0 0 0 149054629 497664 375066 259045 354368 729145 2215288 497664 375066 259045 354368 729145 2215288 28241482 31276050 30526215 28593098 32633072 151269917 0.98540 0.98610 0.01460 0.01390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2 3001727 0 0 1523380 1523380 127016919 65859558 61157361 10182917 8192892 1990025 1104008 812140 291868 64962634 CASH AND CASH EQUIVALENTS 7016945 F REAL ESTATE INVESTMENTS 1745500 C ACCRUED INCOME 25582 F MUTUAL FUNDS 4298850 F GOVERNMENT BONDS 8903893 F 21990770 DEPOSITS FROM PROSPECTIVE CLIENTS 176500 REFUNDABLE ENTRANCE FEES 40003368 40179868 X 36470364 4104780 4104780 32365584 267488 267488 32633072 31650644 0 31650644 267488 267488 31918132 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR INCOME TAX PROVISIONS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CONCEPT TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CREATES A SINGLE MODEL TO ADDRESS UNCERTAINTY IN TAX POSITIONS AND CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, AT DECEMBER 31, 2023 AND 2022 FOR UNCERTAIN INCOME TAX POSITIONS. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION HAS ADOPTED A POLICY UNDER WHICH, IF REQUIRED TO BE RECOGNIZED IN THE FUTURE, IT WILL CLASSIFY INTEREST RELATED TO THE UNDERPAYMENT OF INCOME TAXES AS A COMPONENT OF INTEREST EXPENSE, AND IT WILL CLASSIFY ANY RELATED PENALTIES IN ADMINISTRATIVE EXPENSES IN THE STATEMENTS OF UNRESTRICTED REVENUES, EXPENSES, AND OTHER CHANGES IN UNRESTRICTED NET ASSETS. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2020 PART XI, LINE 4B - OTHER ADJUSTMENTS: RESIDENTS' ASSISTANCE REPORTED AS A REDUCTION TO OTHER INCOME ON THE FINANCIAL STATEMENTS BUT REPORTED AS REVENUE ON PAGE 9, PART VIII, LINE 2C 267,488. PART XII, LINE 4B - OTHER ADJUSTMENTS: RESIDENTS' ASSISTANCE REPORTED AS A REDUCTION TO INCOME ON THE FINANCIAL STATEMENTS BUT REPORTED AS AN EXPENSE ON PAGE 10, PART IX, LINE 2 267,488. 1 RENT SUBSIDIES 7 267488 PART I, LINE 2: EDENWALD PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO ARE NOT ABLE TO PAY THEIR MONTHLY FEES. SUCH RESIDENTS USUALLY APPLY FOR ASSISTANCE BY MEETING WITH THE PRESIDENT OR THE SENIOR VICE PRESIDENT OF FINANCE AND ADMINISTRATION. THEIR REQUEST IS THEN SUBMITTED TO, REVIEWED BY, AND APPROVED OR DENIED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. X 0 0 0 0 0 0 0 0 0 MARK BEGGS PRESIDENT 351225 0 0 0 16500 0 0 0 13394 0 381119 0 0 0 ROLAND DEVASHER VICE PRESIDENT OF FINANCE 226323 0 0 0 11062 0 0 0 16653 0 254038 0 0 0 STEVEN ROTHWELL HEALTH CARE ADMINISTRATOR 168623 0 0 0 5283 0 0 0 0 0 173906 0 0 0 DIANE STINCHCOMB MARKETING DIRECTOR 148928 0 0 0 6756 0 0 0 10160 0 165844 0 0 0 AIRA BAUTISTA-ODONNELL DIRECTOR OF NURSING 141427 0 0 0 7322 0 0 0 10876 0 159625 0 0 0 OLUSEGUN OSHODI SENIOR LICENSED PRACTICAL 144150 0 0 0 2916 0 0 0 7240 0 154306 0 0 0 A MARYLAND HEALTH & HIGHER EDUCATION FACILITIES AUTHORITY 520936091 574218ZL0 2015-09-22 49030000 RENOVATION OF FACILITY/REFUNDING OF EXISTING DEBT 0 0 0 A 52747262 3714400 801751 2999367 2017 0 1 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 SALLY KNECHT SALLY KNECHT IS A FORMER BOARD MEMBER 57768 ON 7/23/2013, SALLY KNECHT ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME AND PAID AN ENTRANCE FEE OF $222,500. IN 2023, SHE PAID FEES OF $57,768 FOR THE YEAR. 0 ANNE T GARRETT ANNE GARRETT IS A FORMER BOARD MEMBER 57768 IN 2018, ANNE T. GARRETT ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME AND PAID AN ENTRANCE FEE OF $448,800. IN 2023, SHE PAID FEES OF $57,768 FOR THE YEAR. 0 CAROLYN MATTHEISS MATTHEISS IS THE SPOUSE OF A CURRENT BOARD MEMBER, BRUCE MATTHEISS 126108 IN 2019, CAROLYN MATTHEISS ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME. IN 2023, SHE PAID FEES OF $126,108 FOR THE YEAR. 0 DANIEL AND SUZANNE JUDGE SUZANNE IS THE SPOUSE OF FORMER CHAIRMAN OF THE BOARD, DANIEL JUDGE 92436 IN 2022, DANIEL AND SUZANNE JUDGE ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME AND PAID AN ENTRANCE FEE OF $710,000. IN 2023, THEY PAID FEES OF $92,436 FOR THE YEAR. 0 ANITA AND JOSEPH YAPSUGA ANITA AND JOSEPH ARE THE PARENTS OF THE BOARD MEMBER MICHELLE EWING 63635 IN 2022, ANITA AND JOSEPH YAPGUSA ENTERED INTO A RESIDENCE AND CARE AGREEMENT WITH THE GENERAL GERMAN AGED PEOPLE'S HOME AND PAID AN ENTRANCE FEE OF $258,000. IN 2023, THEY PAID FEES OF $63,635 FOR THE YEAR. 0 FORM 990, PART VI, SECTION A, LINE 6 ORGANIZATION IS A NON-STOCK CORPORATION THAT HAS MEMBERS FORM 990, PART VI, SECTION A, LINE 7A MEMBERS VOTE ON THE BOARD OF DIRECTORS AND APPROVE THEIR ACTIONS FORM 990, PART VI, SECTION A, LINE 7B ELECT DIRECTORS, APPROVE AUDITORS, RATIFY ACTIONS OF THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BOARD PRIOR TO BEING FILED AND WAS DISCUSSED AND REVIEWED AT A MEETING OF A QUORUM OF THE BOARD FORM 990, PART VI, SECTION B, LINE 12C REVIEW OF CONFLICT OF INTEREST STATEMENTS FORM 990, PART VI, SECTION B, LINE 15A CEO'S COMPENSATION WAS REVIEWED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE DISTRIBUTED TO BONDHOLDERS, MD DEPARTMENT OF AGING, MHHEFA AND INTERESTED PARTIES THROUGH THE DISCLOSURE STATEMENT. OTHER ITEMS ARE DISTRIBUTED ON A CASE BY CASE BASIS. FORM 990 PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE AUDIT. THE BOARD OF DIRECTORS APPROVE THE AUDITORS. THERE HAS BEEN NO CHANGE IN THE PROCESS OF THE OVERSIGHT OF THE FINANCIALS.