2026-02-25T09:09:16-06:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-07-01 232132688 ELM TERRACE GARDENS ELMT 2153615600 660 N BROAD STREET LANSDALE PA 19446 TIMOTHY MURPHY PRESIDENT AND CEO 2153615600 2026-02-23 1 1 KERRI N BOGDA P00760402 7177404863 2026-02-23 2024 2025-03-06 01:10:19Z TIMOTHY MURPHY 660 N BROAD STREET LANSDALE PA 19446 26859814 0 X WWW.ELMTERRACEGARDENS.ORG X 1979 PA PROVIDES QUALITY HOUSING, HEALTH CARE AND OTHER RELATED SERVICES TO RESIDENTS. 14 14 278 56 0 0 29093 1630 21054902 22997479 140560 343972 403862 390149 21628417 23733230 0 0 0 0 10748221 11060290 0 0 0 11733011 12351930 22481232 23412220 -852815 321010 40900841 39694953 26722206 25183971 14178635 14510982 X ELM TERRACE GARDENS, A NON-PROFIT CORPORATION, SERVES OLDER ADULTS BY PROVIDING INDEPENDENT LIVING, PERSONAL CARE, AND SKILLED NURSING SERVICES IN A SAFE, CARING, ATTRACTIVE, STIMULATING, AND SPIRITUALLY NOURISHING ENVIRONMENT. ACCORDINGLY, WE SEEK THE HIGHEST LEVELS OF RESIDENT WELL BEING WITHIN THE CONTEXT OF STATE-OF-THE-ART LONG TERM CARE. 0 0 20075335 22997479 ELM TERRACE GARDENS OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING QUALITY HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF A 72-BED NURSING FACILITY, A 64-BED PERSONAL CARE FACILITY, A 24 BED MEMORY SUPPORT FACILITY, AND 146 INDEPENDENT LIVING APARTMENTS. THE COMPANY'S OPERATIONS ARE LOCATED IN LANSDALE, PENNSYLVANIA. ITS PRIMARY SERVICE AREA INCLUDES LANSDALE, PENNSYLVANIA AND SURROUNDING COMMUNITIES IN MONTGOMERY COUNTY, PENNSYLVANIA. THE ORGANIZATION SERVED 476 RESIDENTS DURING THE FISCAL YEAR.THE COMPANY PROVIDES INDEPENDENT LIVING, PERSONAL CARE AND MEMORY CARE SERVICES TO RESIDENTS WHO MEET CERTAIN CRITERIA AT AMOUNTS LESS THAN ITS COST OF PROVIDING CARE. THE COMPANY MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF BENEVOLENT CARE IT PROVIDES. THE COSTS ASSOCIATED WITH THE BENEVOLENT CARE SERVICES PROVIDED INCLUDE BOTH DIRECT COSTS AND ESTIMATED INDIRECT COSTS, AS CALCULATED BY MANAGEMENT. 20075335 1 0 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 29 0 278 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JENNIFER MEYERS FINANCIAL CONTROLL 2153615677 660 N BROAD STREET LANSDALE PA 19446 KATHRYN TATUM DIRECTOR 2.00 X 0 0 0 KAREN RICE DIRECTOR 2.00 X 0 0 0 DIANE MESSNER DIRECTOR 2.00 X 0 0 0 REV ERIC KRAIHANZEL DIRECTOR 2.00 X 0 0 0 KERRY KASTLE DIRECTOR 2.00 X 0 0 0 MARY FULLER DIRECTOR 2.00 X 0 0 0 CRAIG COVINGTON DIRECTOR 2.00 X 0 0 0 CRAIG CAMPBELL DIRECTOR 2.00 X 0 0 0 NANCY BUTTERWORTH DIRECTOR 2.00 X 0 0 0 JAMES BURNS DIRECTOR 2.00 X 0 0 0 JOHN PAROLA TREASURER 2.00 X X 0 0 0 DON HELPA SECRETARY 2.00 X X 0 0 0 NATALIE GLANTZ VICE CHAIRPERSON 2.00 X X 0 0 0 HAROLD MATHUES CHAIRPERSON 2.00 X X 0 0 0 ROBERT PARVIN COO/NHA 40.00 X 235111 0 27921 TIMOTHY MURPHY PRESIDENT/CEO 40.00 X 292108 0 24456 CHRISTINE BARRETT RN UNIT MANAGER 40.00 X 152538 0 13574 MATTHEW PHILLIPS DIRECTOR OF NURSING 40.00 X 130681 0 23213 STACY GRAMLICH RN UNIT MANAGER 40.00 X 155223 0 14278 CAROL MANES REGISTERED NURSE SUPERVISOR 40.00 X 163904 0 10536 ERIN TROUT MARKETING DIRECTOR 40.00 X 212269 0 30840 1341834 0 144818 7 0 1 0 UNIDINE 1000 WASHINGTON ST 510 BOSTON MA 02118 FOOD SERVICES 3897201 POWERBACK REHABILITATION PO BOX 821322 PHILADELPHIA PA 19175 THERAPY 1224702 INTEGRATED SECURITY SYSTEMS INC 640 LOWER RD SOUDERTON PA 18964 SECURITY SYSTEMS 205930 CANON CAPITAL COMPUTER SOLUTIONS 484 HARLEYSVILLE PIKE HARLEYSVILLE PA 19438 BUSINESS CONSULTING 189333 IT LANDES & SON INC 247 MAIN ST HARLEYSVILLE PA 19438 CONTRACTOR 159098 12 1630 1630 NET RESIDENT SERVICE REVENUE 623000 22997479 22997479 22997479 213838 213838 361551 182534 179017 179017 179017 3043338 2913204 130134 130134 130134 72800 30846 41954 41954 BARBER & BEAUTY REVENUE 623000 64390 64390 MEDICAL RECORDS/OTHER INCOME 623000 35303 35303 TELEPHONE REVENUE 623000 25734 25734 43751 43751 169178 23733230 22997479 0 734121 X 559877 559877 8649510 7740101 909409 168528 115189 53339 994895 597717 397178 687480 404352 283128 142344 142344 54225 54225 2845 2845 29289 29289 5743756 5633812 109944 123595 123595 344910 191793 153117 158939 133788 25151 1448879 1448879 53390 44941 8449 10616 10616 456019 410417 45602 2351477 2122624 228853 292729 292729 MEDICAL SUPPLIES 437306 437306 PA NURSING HOME ASSES. 163525 163525 BAD DEBT EXPENSE 155834 155834 LICENSES AND FEES 153861 129513 24348 228391 208649 19742 23412220 20075335 3336885 0 1198 1198 3372934 2435620 1287713 1374420 31292 31292 284007 181945 61359942 31611221 31133051 29748721 4445377 5469250 345269 452507 40900841 39694953 1452436 1339597 141025 219308 10017515 8848368 287485 0 14823745 14776698 26722206 25183971 X 13975058 14307405 203577 203577 14178635 14510982 40900841 39694953 321010 11337 0 X 0 1 X 1 0 X 2502795 2211331 2264359 29093 1630 7009208 19494250 20438723 20653462 21054902 22997479 104638816 21997045 22650054 22917821 21083995 22999109 111648024 0 0 0 111648024 387124 454608 517447 643073 575389 2577641 387124 454608 517447 643073 575389 2577641 125518 158631 142761 220600 241978 889488 22509687 23263293 23578029 21947668 23816476 115115153 0.96990 0.96530 0.02240 0.02090 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: BAD DEBT RECOVERY - 2022 AMOUNT: $ 38,778. BARBER AND BEAUTY SHOP - 2020 AMOUNT: $ 56,137. 2021 AMOUNT: $ 71,155. 2022 AMOUNT: $ 68,859. 2023 AMOUNT: $ 70,821. 2024 AMOUNT: $ 64,390. COVID STIMULUS - 2020 AMOUNT: $ 16,663. GUEST QUARTERS MEALS - 2020 AMOUNT: $ 1,400. 2021 AMOUNT: $ 1,436. 2022 AMOUNT: $ 3,709. 2023 AMOUNT: $ 14,748. 2024 AMOUNT: $ 15,161. LAUNDRY REVENUE - 2020 AMOUNT: $ 2,030. 2021 AMOUNT: $ 945. 2022 AMOUNT: $ 735. 2023 AMOUNT: $ 4,020. 2024 AMOUNT: $ 7,512. MEDICAL RECORDS/OTHER INCOME - 2020 AMOUNT: $ 622. 2021 AMOUNT: $ 51,785. 2022 AMOUNT: $ 1,213. 2023 AMOUNT: $ 13,478. 2024 AMOUNT: $ 35,303. STORE INVENTORY - 2020 AMOUNT: $ 23,893. 2021 AMOUNT: $ 18,696. 2022 AMOUNT: $ 16,118. 2023 AMOUNT: $ 73,154. 2024 AMOUNT: $ 72,800. TELEPHONE REVENUE - 2020 AMOUNT: $ 16,985. 2021 AMOUNT: $ 13,059. 2022 AMOUNT: $ 10,175. 2023 AMOUNT: $ 24,731. 2024 AMOUNT: $ 25,734. TRANSPORTATION REVENUE - 2020 AMOUNT: $ 7,788. 2021 AMOUNT: $ 1,555. 2022 AMOUNT: $ 3,174. 2023 AMOUNT: $ 19,648. 2024 AMOUNT: $ 21,078. 0 0 0 0 0 0 0 0 1 2845 2845 0 PART II-B, LINE 1: ELM TERRACE GARDENS PAYS DUES TO LEADINGAGE PA. A PORTION OF THE DUES PAID TO THIS ORGANIZATION IS ALLOCABLE TO LOBBYING EXPENSES. THE TOTAL AMOUNT OF DUES PAID BY ELM TERRACE GARDENS THAT IS ALLOCABLE TO LOBBYING IS $2,845. 1507117 1507117 57728152 30489077 27239075 2124673 1122144 1002529 29748721 REFUNDABLE FEES AND DEPOSITS 799940 DEFERRED REVENUE - ENTRANCE FEES 13976758 14776698 X 23957947 11337 11337 23946610 -213380 -213380 23733230 23625600 213380 213380 23412220 0 23412220 PART X, LINE 2: GAAP REQUIRES ENTITIES TO EVALUATE, MEASURE, RECOGNIZE AND DISCLOSE ANY UNCERTAIN INCOME TAX POSITIONS TAKEN ON THEIR TAX RETURNS. GAAP PRESCRIBES A MINIMUM THRESHOLD THAT A TAX POSITION IS REQUIRED TO MEET IN ORDER TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT IT HAD NO UNCERTAIN TAX POSITIONS AS DEFINED IN GAAP. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -182,534. COST OF GOODS SOLD -30,846. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 182,534. COST OF GOODS SOLD 30,846. X X X 0 0 0 0 0 0 0 1 0 TIMOTHY MURPHY PRESIDENT/CEO 266758 0 25350 0 0 0 16231 0 8225 0 316564 0 0 0 ROBERT PARVIN COO/NHA 204404 0 30707 0 0 0 12842 0 15079 0 263032 0 0 0 ERIN TROUT MARKETING DIRECTOR 80685 0 131584 0 0 0 13430 0 17410 0 243109 0 0 0 CAROL MANES REGISTERED NURSE SUPERVISOR 163904 0 0 0 0 0 1657 0 8879 0 174440 0 0 0 STACY GRAMLICH RN UNIT MANAGER 155223 0 0 0 0 0 6109 0 8169 0 169501 0 0 0 CHRISTINE BARRETT RN UNIT MANAGER 152538 0 0 0 0 0 5444 0 8130 0 166112 0 0 0 MATTHEW PHILLIPS DIRECTOR OF NURSING 124150 0 6531 0 0 0 8033 0 15180 0 153894 0 0 0 PART I, LINE 7 THE ORGANIZATION HAS AN INCENTIVE COMPENSATION PLAN FOR A SELECT GROUP OF EXECUTIVES WHICH IS BASED ON QUANTITATIVE AND QUALITATIVE GOALS, INCLUDING MEETING OR EXCEEDING BUDGETED AMOUNTS, RESIDENT AND EMPLOYEE SATISFACTION, SURVEY COMPARISONS, COMPLIANCE WITH REGULATIONS AND ADHERENCE TO STRATEGIC PLANNING. THE INCENTIVE COMPENSATION CANNOT EXCEED 15% OF THE INDIVIDUAL'S BASE COMPENSATION. THE ORGANIZATION HAS AN INCENTIVE COMPENSATION PLAN FOR MARKETING TEAM MEMBERS WHICH IS BASED ON QUANTITATIVE GOALS RELATED TO THE FILLING OF THE IL, SNF, PC, AND MSF UNITS. A NORTH PENN HEALTH HOSPITAL AND EDUCATIONAL AUTHORITY 232130191 2004-07-22 10000000 CONSTRUCTION AND REFINANCING 0 0 0 B HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY 232622492 2015-01-29 2500000 CONSTRUCTION AND RENOVATIONS 0 0 0 C HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY 232622492 2014-12-22 10000000 CONSTRUCTION AND RENOVATIONS 0 0 0 A 9336090 10000000 1315000 8685000 2004 1 0 1 1 B 928983 2500000 2500000 2017 0 0 1 1 C 3386559 10000000 10000000 2017 0 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 A 0 0 1 0 1 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/05/2021 ISSUER NAME: HATFIELD TOWNSHIP INDUSTRIAL DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 08/04/2021 FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S CEO WILL PERFORM AN INITIAL REVIEW OF THE FORM 990. UPON HIS APPROVAL, THE BOARD OF DIRECTORS WILL RECEIVE COPIES OF THE RETURN BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C 1. DIRECTORS ATTEST UPON ELECTION TO THE BOARD AND ANNUALLY THEREAFTER THAT THEY ARE NOT DELIBERATELY ENGAGED IN ANY ACTIVITIES WHICH CREATE A CONFLICT OF INTEREST. DIRECTORS ATTEST UPON ELECTION TO THE BOARD AND ANNUALLY THEREAFTER THAT THEY WILL DISCLOSE SUCH A CONFLICT OF INTEREST SHOULD IT ARISE. SUCH ATTESTATION IS DOCUMENTED ON THE "INDIVIDUAL STATEMENT REGARDING CONFLICT OF INTEREST" FORM. 2. EXECUTED ATTESTATIONS ARE FILED IN THE BOARD OF DIRECTORS FILE. 3. SHOULD A DIRECTOR (OR ANYONE ELSE) BELIEVE THAT THERE EXISTS A CONFLICT OF INTEREST OR A POTENTIAL FOR A CONFLICT OF INTEREST BETWEEN THE INTERESTS OF ELM TERRACE GARDENS AND ANY OTHER INTEREST A DIRECTOR MAY HAVE, SUCH IS BROUGHT TO THE ATTENTION OF THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IN WRITING. 4. THE EXECUTIVE COMMITTEE EVALUATES THE CONFLICT OR POTENTIAL CONFLICT TO DETERMINE WHETHER IT UNDERMINES THE DIRECTOR'S ABILITY TO SERVE. 5. SHOULD THE BOARD DETERMINE THAT THE DIRECTOR NOT BE REMOVED FROM OFFICE, THE DIRECTOR ABSTAINS FROM DISCUSSION OF AND VOTING ON ANY MATTER RELATED TO THE CONFLICT OR POTENTIAL CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION USES THE PENNSYLVANIA LEADINGAGE SALARY SURVEY FOR SOUTHEASTERN PENNSYLVANIA AS WELL AS THE NY, NJ, AND PA REGIONAL LEADINGAGE AND HCS CCRC COMPENSATION SURVEYS IN DETERMINING ALL EMPLOYEE COMPENSATION. ALL COMPENSATION DECISIONS ARE DETERMINED TAKING INTO CONSIDERATION FAIR MARKET RANGES FOR THE INDUSTRY. THE COMPENSATION OF THE PRESIDENT IS APPROVED BY THE BOARD. THE PRESIDENT, IN TURN, DETERMINES COMPENSATION FOR OTHER KEY EMPLOYEES. ALL DECISIONS ARE DOCUMENTED, INCLUDING THE AWARDING OF INCENTIVE BONUSES. 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. IN ADDITION, THE FINANCIAL STATEMENTS ARE INCLUDED IN THE DISCLOSURE STATEMENT PROVIDED TO EXISTING AND PROSPECTIVE RESIDENTS. FORM 990, PART IX, LINE 11G CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 109,944. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 109,944. MSD CONTRACT: PROGRAM SERVICE EXPENSES 3,889,690. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,889,690. OCCUPATIONAL THERAPY SERVICES: PROGRAM SERVICE EXPENSES 484,475. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 484,475. OTHER PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 606,873. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 606,873. PHYSICAL THERAPY SERVICES: PROGRAM SERVICE EXPENSES 652,774. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 652,774.