2025-11-14T06:26:48-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 20 STANWIX STREET PITTSBURGH PA 15222 990 2024-01-01 256002687 BOARD OF DIRECTORS OF THE ROUSE ESTATE BOAR 8145636425 701 ROUSE AVENUE YOUNGSVILLE PA 16371 JONATHAN NELSON CFO 8145636421 2025-11-12 1 1 KELLY A BROCIOUS P01254262 4126976400 2025-11-12 2024 2025-03-06 01:10:19Z THE ROUSE ESTATE JONATHAN NELSON 701 ROUSE AVENUE YOUNGSVILLE PA 16371 20447940 0 X WWW.ROUSE.ORG X 1862 PA THE ROUSE ESTATE IS A CHARITABLE-OPERATED NURSING AND PERSONAL CARE RESIDENCE FOR THE ELDERLY. THE ORGANIZATION PROVIDES RESIDENTIAL AND SUPPORT SERVICES BY OPERATING A 176-BED NURSING FACILITY, 87-APARTMENT PERSONAL CARE FACILITY, AT HOME SERVICES, AS WELL AS OPERATING A CHILD CARE CENTER. 5 2 448 22 26583 0 411460 587860 17314848 19394408 259128 122394 62563 310428 18047999 20415090 0 0 0 0 13602054 14988665 0 0 0 6286174 6443247 19888228 21431912 -1840229 -1016822 16676727 15439469 17326188 15272719 -649461 166750 X THE ROUSE ESTATE IS A CHARITABLE-OPERATED NURSING AND PERSONAL CARE RESIDENCE FOR THE ELDERLY. THE ORGANIZATION PROVIDES RESIDENTIAL AND SUPPORT SERVICES BY OPERATING A 176-BED NURSING FACILITY, 87-APARTMENT PERSONAL CARE FACILITY, AT HOME SERVICES, AS WELL AS OPERATING A CHILD CARE CENTER. 0 0 18861080 19673693 OPERATIONS INCLUDE A 176-BED NURSING FACILITY, 87-APARTMENT PERSONAL CARE FACILITY THAT PROVIDES RESIDENTIAL AND SUPPORT SERVICES FOR THE AGED, AS WELL AS OPERATING A CHILD CARE CENTER, AND AT HOME SERVICES. 18861080 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 19 0 448 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 5 2 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 PA X JONATHAN NELSON CFO 8145637565 701 ROUSE AVENUE YOUNGSVILLE PA 16371 PATRICIA D DURBIN CHAIRMAN 6.00 40.00 X X 0 58893 0 KATHY T PATTERSON VICE CHAIRMAN 6.00 X X 0 0 0 TIMOTHY A HUBER DIRECTOR 6.00 X 0 0 0 KENNETH L KLAKAMP DIRECTOR 6.00 40.00 X 0 58893 0 DANIEL H GLOTZ DIRECTOR 6.00 40.00 X 0 58893 0 SUSAN R TECONCHUK CEO 40.00 X 116224 0 25381 JONATHAN W NELSON CFO 40.00 X 113727 0 9970 KIMBERLY K MINEWEASER DIRECTOR OF NURSING 40.00 X 100397 0 24094 330348 176679 59445 3 0 0 0 0 500158 87702 587860 RESIDENT CARE 623000 15019909 15019909 SUITES - PERSONAL CARE 623000 3640980 3640980 CHILD CARE 624410 385614 385614 HOME CARE 621610 347905 347905 19394408 92020 92020 59560 28417 31143 31143 26583 4560 34807 0 4433 34807 -4433 30374 30374 MISCELLANEOUS 623000 279285 279285 279285 20415090 19673693 26583 126954 265302 265302 10615982 9713172 902810 558337 495874 62463 2625042 2369112 255930 924002 816197 107805 32630 32630 70541 70541 1572367 1480909 91458 89121 51416 37705 186733 24186 162547 254566 2301 252265 633995 633995 30201 18748 11453 17757 6758 10999 173605 173605 706104 702599 3505 179005 57741 121264 SUPPLIES 1482242 1482242 EQUIPMENT RENTAL & MAIN 299519 265309 34210 BAD DEBT EXPENSE 276078 276078 MISCELLANEOUS 239875 144939 94936 198908 145899 53009 21431912 18861080 2570832 0 47493 50914 3261202 2181299 2183200 2418229 41060 47822 322072 611681 30330694 22665601 7904943 7665093 1485464 1647225 1431293 817206 16676727 15439469 1677865 1782273 193831 419832 4803366 4429296 10651126 8641318 17326188 15272719 X -2134927 -1480477 1485466 1647227 -649461 166750 16676727 15439469 X -1016822 190130 1642903 X X 0 1 X 1 0 X 1624194 3448783 1003510 411460 587860 7075807 19148624 15619009 14836196 17314848 19394408 86313085 20772818 19067792 15839706 17726308 19982268 93388892 0 0 0 93388892 102127 137113 108713 199558 151580 699091 102127 137113 108713 199558 151580 699091 46396 22399 17294 28047 279285 393421 20921341 19227304 15965713 17953913 20413133 94481404 0.98840 0.99180 0.00740 0.00700 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1485464 185493 23732 1647225 1310620 186429 11585 1485464 1599757 -278181 10956 1310620 1495545 168185 63973 1599757 1404773 153026 62254 1495545 0.92770 0.07230 0 0 309350 309350 25996084 18839030 7157054 3928680 3744537 184143 96580 82034 14546 7665093 INVESTMENTS - DONOR-RESTRICTED ENDOWMENT FUNDS 1647225 C 1647225 INVESTMENTS, FUNDED DEPRECIATION 602045 RESIDENT FUNDS 121188 INTEREST RATE SWAP AGREEMENT 93973 817206 RESIDENT DEPOSITS 121188 PENSION PAYABLE 6367211 ESTIMATED THIRD PARTY PAYOR SETTLEMENTS 2152919 8641318 X PART V, LINE 4: THE ROUSE ESTATE'S TERM ENDOWMENT FUNDS WILL BE DISTRIBUTED FROM THE DONOR-RESTRICTED FUNDS FOR RESIDENT MEMORIALS AND PROJECTS BENEFICIAL TO THE RESIDENTS OF THE ESTATE. THE ESTATE'S UNRESTRICTED ENDOWMENT FUNDS WILL BE DISTRIBUTED FOR THE PURPOSES OF CAPITAL EXPENDITURES AND/OR SHORT-TERM LIQUIDITY NEEDS OF THE ESTATE AT THE DISCRETION OF THE BOARD OF DIRECTORS. PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (CODE) AND IS RECOGNIZED AS TAX EXEMPT UNDER SECTION 501(A) OF THE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY OR ASSET IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS). THE ORGANIZATION HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, TAX RETURNS FOR YEARS ENDED DECEMBER 31, 2021, AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. A WARREN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 231391385 2017-03-21 6131000 REFINANCE 2012 NOTE PAYABLE & CONSTRUCTION COSTS 0 0 0 A 2569058 6131000 41826 2072226 3823652 193296 2017 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 1 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 7A THE QUALIFIED VOTERS OF WARREN COUNTY SHALL ELECT THREE CITIZENS OF THE SAID COUNTY TO SERVE AS COMMISSIONERS OF WARREN COUNTY EVERY FOUR YEARS AS ESTABLISHED BY LAW. THESE THREE COMMISSIONERS OF WARREN COUNTY WILL SERVE AS MEMBERS OF THE BOARD OF DIRECTORS OF THE ROUSE ESTATE FOR THE DURATION OF THEIR TERMS AS WARREN COUNTY COMMISSIONERS. THE ELECTION OF THE CHAIRPERSON AND VICE-CHAIRPERSON SHALL BE NOMINATED BY THE BOARD OF DIRECTORS FROM AMONG THE MEMBERS OF THE BOARD AND SHALL BE ELECTED BY THE MAJORITY VOTE OF THE BOARD MEMBERS. THE BOARD SHALL APPOINT A PRESIDENT OF THE CORPORATION WHO SHALL SERVE AS THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION AND MAY HOLD OTHER TITLES APPROPRIATE TO THE FUNCTIONS OF THE OFFICE. THE PRESIDENT SHALL BE HIRED BY AND SUBJECT TO TERMINATION BY THE BOARD. OTHER STAFF OF THE CORPORATION SHALL BE APPOINTED BY THE PRESIDENT. NO EMPLOYEE OF THE CORPORATION SHALL SERVE AS A VOTING MEMBER OF THE BOARD, REGARDLESS OF APPOINTMENT TO ANY OTHER OFFICE. THE CHIEF FINANCIAL OFFICER OF THE CORPORATION SHALL SERVE AS THE TREASURER OF THE CORPORATION COTERMINOUSLY. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION SHALL NOT CONSIDER ANY SALE, LEASE, LEASE-SALE, EXCHANGE, OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE ORGANIZATION UNLESS AND UNTIL THE PROPOSED PLAN OF ASSET TRANSFER SETTING FORTH THE TERMS AND CONDITIONS OF SUCH SALE, LEASE, LEASE-SALE, EXCHANGE OR OTHER DISPOSITION, HAS BEEN FIRST AUTHORIZED BY MAJORITY VOTE OF THE BOARD MEMBERS. THE ORGANIZATION SHALL NOT CONSIDER THE PURCHASE OF ANY MAJOR CAPITAL EXPENDITURE IN EXCESS OF $5,000 WITHOUT THE PRIOR APPROVAL OF A MAJORITY VOTE OF THE BOARD MEMBERS. THE ORGANIZATION CAN TAKE NO ACTION REGARDING CHANGES TO PENSION PLAN INVESTMENT POLICIES, CHANGES TO THE COMPENSATION STRUCTURE OF THE ORGANIZATION, OR CHANGES IN OPERATION AND DEVELOPMENT OF THE ORGANIZATION WITHOUT THE PRIOR APPROVAL OF A MAJORITY VOTE OF THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B BOARD OF DIRECTORS OF THE ROUSE ESTATE HAS A CPA FIRM PREPARE ITS FORM 990. THE RETURN IS COMPLETED IN DRAFT AND REVIEWED BY MANAGEMENT OF THE ORGANIZATION. THE RETURN IS THEN FINALIZED AND THE BOARD IS PROVIDED A COPY OF THE FORM 990 TO REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS OF THE ROUSE ESTATE HAS A CONFLICT OF INTEREST POLICY IN WHICH EACH OF THE DIRECTORS MUST SIGN THE CONFLICT OF INTEREST DISCLOSURE STATEMENT EACH YEAR. THE STATEMENT ALLOWS THE DIRECTORS TO DISCLOSE ANY MATERIAL FINANCIAL OR OTHER BENEFICIAL INTEREST IN WHICH THE DIRECTOR OR A MEMBER OF HIS/HER IMMEDIATE FAMILY MAY HAVE IN ANY ENTITY ENGAGED IN THE DELIVERY OF HEALTH CARE SERVICES OR ENGAGED IN THE DELIVERY OF GOODS OR SERVICES TO THE ESTATE. DURING BOARD MEETINGS, IF AN INTERESTED PARTY HAS A CONFLICT, HE/SHE RECUSES THEMSELVES FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO RECEIVES AN ANNUAL EVALUATION. THE EVALUATION OF THE CEO IS PREPARED BY THE BOARD OF THE DIRECTORS WHO THEN DETERMINE THE CEO'S COMPENSATION INCREASE. THE COMPENSATION INCREASE FOR EACH ADMINISTRATION TEAM MEMBER IS DETERMINED BY THE CEO. THE SIZE OF THE INCREASE IS APPROVED BY THE BOARD AS PART OF THE BUDGET APPROVAL PROCESS. FORM 990, PART VI, SECTION C, LINE 19 THE ROUSE ESTATE MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC. AT THIS TIME, THE ROUSE ESTATE DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVALIABLE TO THE GENERAL PUBLIC. FORM 990, PART XI, LINE 9: CHANGE IN NET FUNDED PENSION 1,623,761. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENT 19,142. CONTRIBUTIONS TO AFFILIATES FORM 990, PART XI, LINE 2C: THE CEO AND CFO OF THE ROUSE ESTATE SELECTS THE INDEPENDENT AUDITOR WHO PREPARES THE AUDITED FINANCIAL STATEMENTS. THE BOARD OF DIRECTORS ASSUMES RESPONSIBLITY FOR OVERSIGHT OF THE AUDIT BY REVIEWING THE AUDITED FINANCIAL STATEMENTS WITH THE AUDITOR AND RECEIVING A FINAL COPY OF THE AUDITED FINANCIAL STATEMENTS, MANAGEMENT LETTER, AND OPINION LETTER. THE PROCESS IS CONSISTENT WITH PRIOR YEARS AND HAS NOT CHANGED. WARREN COUNTY 204 FOURTH AVENUE WARREN PA 16365 256003371 TO PROVIDE RESIDENTS OF WARREN COUNTY WITH INFORMATION AND SERVICE PA NOT APPLICABLE NOT APPLICABLE 0 HENRY R ROUSE LEGACY FOUNDATION 701 ROUSE AVE YOUNGSVILLE PA 16371 813342470 FUNDRAISING PA 501(C)(3) LINE 7 NOT APPLICABLE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0