2026-04-23T10:11:59-05:00 2025-06-30 410746749 CLIFTONLARSONALLEN LLP 150 S WARNER ROAD SUITE 310 KING OF PRUSSIA PA 19406 990 2024-07-01 231472520 THE COMMUNITY AT ROCKHILL COMM 2152572751 3250 STATE ROAD SELLERSVILLE PA 18960 LIVIA LISKER-BLOUNT TREASURER, VP OF FINANCE/CFO 2152572751 2026-04-22 1 1 TIMOTHY CROUCH P01930933 2156433900 2026-04-22 2024 2025-03-06 01:10:19Z DAN MCKEE 3250 STATE ROAD SELLERSVILLE PA 18960 27635859 0 X WWW.GRACEINSPIREDLIVING.ORG X 1954 PA TO PROVIDE HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO RESIDENTS 62 YEARS OF AGE OR BETTER 5 2 312 66 0 0 200044 2313706 20439996 21935928 250235 677027 261277 194486 21151552 25121147 0 0 0 0 9429238 10537869 0 0 122781 11444530 11700597 20873768 22238466 277784 2882681 48580309 54825551 32817199 35985531 15763110 18840020 X THE MISSION OF THE COMMUNITY AT ROCKHILL IS TO ENRICH THE LIVES OF ALL SERVED THROUGH INNOVATION AND CREATIVITY. WE ARE A VIBRANT COMMUNITY PROVIDING PURPOSE, DIGNITY AND COMPASSION, CENTERED IN GOD'S LOVE. 0 0 18727968 0 21935928 THE COMMUNITY AT ROCKHILL (ROCKHILL), A CONTINUING CARE RETIREMENT COMMUNITY, SITUATED ON 44 PICTURESQUE ACRES IN BEAUTIFUL BUCKS COUNTY, PENNSYLVANIA, PROVIDES AMENITIES, CONVENIENCES, AND SERVICES DESIGNED TO ENHANCE THE QUALITY OF LIFE FOR EACH RESIDENT AND ENCOURAGE THEM TO LIVE EACH DAY TO ITS FULLEST.CONTINUED ON SCHEDULE O.AS A CONTINUING CARE RETIREMENT COMMUNITY, ROCKHILL OFFERS RESIDENTIAL LIVING, PERSONAL CARE AND NURSING CARE ON ONE CONVENIENT CAMPUS. ROCKHILL PROVIDES HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO APPROXIMATELY 400 RESIDENTS. ROCKHILL OPERATES 199 RESIDENTIAL LIVING APARTMENTS, A 53-UNIT PERSONAL CARE CENTER, AND AN 85-BED SKILLED NURSING CENTER. A SIGNIFICANT PART OF ROCKHILL'S NOT-FOR-PROFIT MISSION IS TO ENSURE THAT RESIDENTS WHO OUTLIVE THEIR RESOURCES THROUGH NO FAULT OF THEIR OWN ARE ABLE TO CONTINUE LIVING AT ROCKHILL. ROCKHILL PROVIDED BENEVOLENT CARE TO RESIDENTS WITHIN ITS PERSONAL CARE UNITS. ROCKHILL ALSO SUBSIDIZES CARE FOR MEDICAID RESIDENTS WITHIN ITS SKILLED NURSING UNITS. 18727968 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 312 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 5 2 0 0 1 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 PA X JOHN WARD 2672031451 12 LUTHERAN HOME DRIVE TELFORD PA 18969 DAN MCKEE CHAIR 2.00 38.00 X X 0 465439 36268 DIANNA MCGOLDRICK TREASURER, VP FIN/CFO TO MAY 2025 2.00 38.00 X X 0 292125 22535 TED LEISTER SECRETARY/EXECUTIVE DIRECTOR 40.00 0.00 X X 213348 0 43496 JENNIFER SEACHRIST LICENSED PRACTICAL NURSE 40.00 0.00 X 105326 0 23880 SHARON BRILL REGISTERED NURSE 40.00 0.00 X 115923 0 11378 LINDA LYNN RESIDENT NURSE ASSESSMENT COORD. 40.00 0.00 X 107127 0 17783 CLAIRE HOEY RESIDENT CARE COORDINATOR 40.00 0.00 X 106195 0 13790 COLLEEN FORD REGISTERED NURSE 40.00 0.00 X 103687 0 9861 LIVIA LISKER-BLOUNT TREASURER, VP OF FIN/CFO, MAY 2025 2.00 38.00 X X 0 0 0 THOMAS RUTTER VICE CHAIR 2.00 4.00 X X 0 0 0 FREDERICK E SCHEA DIRECTOR 2.00 4.00 X 0 0 0 751606 757564 178991 6 0 1 0 0 86042 1916065 311599 2313706 SKILLED NURSING 623000 9132037 9132037 SERVICE CHARGES 623000 5439303 5439303 PERSONAL CARE 623000 4203043 4203043 ENTRANCE FEE AMORTIZATION 623000 2996965 2996965 PHARMACY REVENUE 623000 133563 133563 31017 31017 21935928 268713 268713 73287 0 73287 73287 73287 2883811 2475497 408314 408314 408314 18598 86042 39215 -20617 -20617 BEAUTY AND BARBER SHOP 623000 66044 66044 NON-RESIDENT MEALS 623000 64808 64808 MISCELLANEOUS INCOME 623000 10872 10872 92 92 141816 25121147 21935928 0 871513 261321 261321 8677024 8244482 329420 103122 113093 94993 15795 2305 780463 646366 118475 15622 705968 558562 147406 2190157 1103839 1086318 45256 22809 22447 17418 17418 1688131 857194 830917 20 28607 14418 14189 263858 183052 80408 398 254697 160093 94604 1038225 1031139 7086 2721 1706 1015 11004 8707 2297 342266 342266 3163306 3163306 337113 317875 19238 REPAIRS AND MAINTENANCE 975991 738118 237572 301 DIETARY SERVICES 798917 798917 RESIDENT SERVICES 401555 328942 71817 796 DUES AND SUBSCRIPTIONS 60695 38074 22621 80680 73110 7353 217 22238466 18727968 3387717 122781 X 844222 5693542 792965 621493 10735 50121 608742 793468 155039 183085 100827988 65447332 35068131 35380656 10477835 11467118 123027 123027 499613 513041 48580309 54825551 1440442 1850832 20351933 21644035 7393376 9884988 2592417 1039031 2605676 32817199 35985531 X 14880367 17965683 882743 874337 15763110 18840020 48580309 54825551 X 2882681 643326 -449097 X 0 1 X 1 0 X 572489 349272 498956 200044 2313706 3934467 16883320 16684393 18723059 20439996 21935928 94666696 103042 134467 123898 178508 130852 670767 17558851 17168132 19345913 20818548 24380486 99271930 1628 1400 3930 21580 91370 119908 0 1628 1400 3930 21580 91370 119908 99152022 323359 333023 286052 338147 342000 1622581 323359 333023 286052 338147 342000 1622581 12589 3408 8697 12297 10964 47955 17894799 17504563 19640662 21168992 24733450 100942466 0.98230 0.98290 0.01610 0.01620 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2020 AMOUNT: $ 4,730. 2021 AMOUNT: $ 3,280. 2022 AMOUNT: $ 8,758. 2023 AMOUNT: $ 12,203. 2024 AMOUNT: $ 10,872. GROSS INVENTORY SALES - 2020 AMOUNT: $ 7,742. EXPENSE REIMBURSEMENT - ACCOUNTS PAYABLE DISCOUNT - 2020 AMOUNT: $ 117. 2021 AMOUNT: $ 128. 2022 AMOUNT: $ -61. 2023 AMOUNT: $ 94. 2024 AMOUNT: $ 92. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2291810 2291810 84417515 54112405 30305110 12885566 11334927 1550639 1233097 1233097 35380656 DUE TO AFFILIATE 2019758 DEPOSITS 201342 FAIR VALUE OF INTEREST RATE SWAPS 384576 2605676 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM STATE INCOME TAXES UNDER THE COMMONWEALTH OF PENNSYLVANIA STATUTES. THE ORGANIZATION FOLLOWS THE PROVISIONS OF THE INCOME TAX ACCOUNTING STANDARDS REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. IT IS THE ORGANIZATION'S POLICY TO ACCOUNT FOR ANY INTEREST OR PENALTIES ASSESSED RELATING TO UNCERTAIN TAX POSITIONS, IF ANY, AS GENERAL AND ADMINISTRATIVE EXPENSES. THE ORGANIZATION DID NOT INCUR ANY INTEREST OR PENALTIES FOR THE YEARS ENDED JUNE 30, 2025 AND 2024. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. SPRING SOIREE 104640 86042 18598 22518 14300 2397 104640 86042 18598 22518 14300 2397 39215 -20617 X X X 0 0 0 0 0 0 0 1 0 DAN MCKEE CHAIR 0 387833 0 77606 0 0 0 10350 0 25918 0 501707 0 0 DIANNA MCGOLDRICK TREASURER, VP FIN/CFO TO MAY 2025 0 248683 0 43442 0 0 0 9060 0 13475 0 314660 0 0 TED LEISTER SECRETARY/EXECUTIVE DIRECTOR 192896 0 20452 0 0 0 6969 0 36527 0 256844 0 0 0 PART I, LINE 3 A RELATED ENTITY, GRACE INSPIRED MINISTRIES, USES THE FOLLOWING METHODS TO DETERMINE COMPENSATION FOR CHAIR AND THE TREASURER/VP OF FINANCE/CFO: A COMPENSATION COMMITTEE, COMPENSATION SURVEY OR STUDY, AND A RECOMMENDATION BY THE COMPENSATION COMMITTEE FOR APPROVAL BY THE GRACE INSPIRED MINISTRIES BOARD OF DIRECTORS. PART I, LINE 7 FOR SENIOR MANAGEMENT, THE GENERAL FORMAT AND CALCULATION OF GOALS AND INCENTIVE COMPENSATION WERE SET BY THE COMPENSATION COMMITTEE AND APPROVED BY THE BOARD. SPECIFIC GOALS WERE THEN SET BY THE CEO, WHO REVIEWED THE PERFORMANCE OF EACH PERSON RELATIVE TO THE PREDETERMINED GOALS TO DETERMINE THE FINAL INCENTIVE COMPENSATION AMOUNT. FORM 990, PART V, LINE 1A: GRACE INSPIRED MINISTRIES (EIN 81-4735423) IS CONSIDERED A COMMON PAY AGENT FOR 1099 REPORTING FOR LUTHERAN COMMUNITY AT TELFORD, INC., (EIN 23-1611427) AND THE COMMUNITY AT ROCKHILL (EIN 23-1472520). GRACE INSPIRED MINISTRIES REPORTS ALL REQUIRED 1099 VENDOR PAYMENTS ON ITS FORM 1096 AND ASSIGNS THE EXPENSES TO EACH ENTITY. DUE TO THE OVERLY BURDENSOME PROCESS REQUIRED TO DETERMINE THE NUMBER OF 1099 PAYMENTS RELATED TO THE EXPENSES REPORTED ON EACH ENTITY'S FORM 990, PART V, LINE 1A, GRACE INSPIRED MINISTRIES REPORTS THE TOTAL NUMBER OF 1099 FORMS ISSUED FOR ALL THREE ENTITIES ON ITS FORM 990, PART V, LINE 1A. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED ON MARCH 11, 2025. SIGNIFICANT CHANGES ARE: 1. THE MIMIMUM NUMBER OF BOARD MEMBERS INCREASED FROM THREE TO FIVE, WITH A MAXIMUM OF EIGHT. 2. THE OFFICER POSITION OF VICE CHAIR WAS ADDED. THE ARTICLES OF INCORPORATION WERE AMENDED ON APRIL 16, 2025, TO UPDATE THE PURPOSE OF THE CORPORATION FROM "CONSISTENT WITH CHRISTIAN PRINCIPLES, ESTABLISH, OPERATE, MAINTAIN, SPONSOR, AND PROMOTE RESIDENTIAL LIVING, PERSONAL CARE, ASSISTED LIVING, NURSING CARE, HOME CARE, ADULT DAY, AND OTHER RELATED HEALTH CARE AND SUPPORTIVE HOME AND COMMUNITY BASED SERVICES THAT DIRECTLY OR INDIRECTLY IMPROVE THE SAFETY AND WELL-BEING OF INDIVIDUALS WHO ARE IN NEED OF SUCH SERVICES BECAUSE OF AGE, INFIRMITY, DISABILITY, OR OTHER REASON" TO "CONSISTENT WITH CHRISTIAN PRINCIPLES, ESTABLISH, OPERATE, MAINTAIN, SPONSOR, AND PROMOTE RESIDENTIAL LIVING, INCLUDING, BUT NOT LIMITED TO THE FOSTERING OF AFFORDABLE HOUSING, PERSONAL CARE, ASSISTED LIVING, NURSING CARE, HOME CARE, ADULT DAY, AND OTHER RELATED HEALTH CARE AND SUPPORTIVE HOME AND COMMUNITY BASED SERVICES THAT DIRECTLY OR INDIRECTLY IMPROVE THE SAFETY AND WELL-BEING OF INDIVIDUALS WHO ARE IN NEED OF SUCH SERVICES BECAUSE OF AGE, INFIRMITY, DISABILITY, OR OTHER REASON." FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION IS GRACE INSPIRED MINISTRIES, A RELATED 501(C)(3) PUBLIC CHARITY. FORM 990, PART VI, SECTION A, LINE 7A THE DIRECTORS ARE APPOINTED BY THE MEMBER, GRACE INSPIRED MINISTRIES, AT ITS ANNUAL MEETING FROM CANDIDATES NOMINATED BY THE CORPORATION'S NOMINATING COMMITTEE OR OTHERWISE SELECTED BY THE MEMBER TO BEGIN TERMS AS OF THE DATE OF THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B WITHOUT THE APPROVAL OF THE MEMBER, GRACE INSPIRED MINISTRIES, THE BOARD MAY NOT: (A) MAKE ANY STRATEGIC PLANNING DECISIONS OR APPROVE A STRATEGIC PLAN; (B) AUTHORIZE OR ENGAGE IN ANY MARKETING OR COMMUNITY EDUCATION PROGRAMS; (C) INITIATE, CEASE, OR SIGNIFICANTLY MODIFY ANY FUNDRAISING ACTIVITIES OR PLANS FOR THE SOLICITATION OF CHARITABLE CONTRIBUTIONS OR FOR THE SOLICITATION OR ACCEPTANCE AS A GIFT OF ANY REAL PROPERTY OR INTEREST THEREIN; (D) CHANGE THE AREA SERVED BY THE CORPORATION; (E) SECURE TAX EXEMPT FINANCING OR OTHERWISE BORROW MORE THAN $10,000 UNDER TERMS WHICH PROVIDE FOR A REPAYMENT PERIOD IN EXCESS OF THREE MONTHS; (F) ENTER INTO ANY LEASES WHICH WOULD OBLIGATE THE CORPORATION TO MAKE RENTAL PAYMENTS IN EXCESS OF $10,000 PER YEAR; (G) PURCHASE INSURANCE POLICIES OTHER THAN POLICIES WHICH COMPLY WITH ANY REQUIREMENT SET FORTH IN ANY AGREEMENT ENTERED INTO BY THE CORPORATION; (H) UNDERTAKE ANY CAPITAL EXPENDITURES IN EXCESS OF $5,000 AND ANY CAPITAL EXPENDITURES INVOLVING RELATED PROJECTS WHICH, IN THE AGGREGATE, EXCEED $25,000; (I) ADOPT ANY ORIGINAL OR REVISED CAPITAL OR OPERATING BUDGETS WHICH WOULD RESULT IN ANY EXPENDITURE IN EXCESS OF $10,000 OVER ANTICIPATED REVENUE; (J) AMEND THE CORPORATION'S ARTICLES OF INCORPORATION OR THESE BYLAWS; (K) INITIATE, CEASE, OR SIGNIFICANTLY MODIFY ANY OF THE CORPORATION'S LINES OF SERVICE, PRODUCTS, OR PROGRAMS; (L) SELL, RELINQUISH, OR OTHERWISE AUTHORIZE A CHANGE IN CONTROL OF MORE THAN $50,000 OF THE ASSETS OF THE CORPORATION; (M) SELECT, REMOVE, OR REPLACE INDEPENDENT ACCOUNTANTS AND AUDITORS FOR THE CORPORATION; (N) AUTHORIZE FUNDAMENTAL CHANGES TO THE CORPORATION, INCLUDING THE ADOPTION OF A PLAN OF DISSOLUTION OF THE CORPORATION; THE ADOPTION OF A PLAN OF MERGER, CONSOLIDATION, DIVISION, CONVERSION, OR AFFILIATION WITH ANOTHER ENTITY; AND CHANGE TO THE CURRENT CORPORATION'S CORPORATE ORGANIZATIONAL STRUCTURE; (O) AUTHORIZE AND DESIGNATE OFFICERS OF THE CORPORATION TO EXECUTE A DEED OF ASSIGNMENT FOR THE BENEFIT OF CREDITORS; FILE A VOLUNTARY PETITION IN BANKRUPTCY; FILE AN ANSWER CONSENTING TO THE APPOINTMENT OF A RECEIVER; OR FILE AN ANSWER TO AN INVOLUNTARY PETITION IN BANKRUPTCY; (P) ORGANIZE OR ACQUIRE ANY SUBSIDIARY OR AFFILIATE; (Q) CHANGE THE CORPORATION'S FISCAL YEAR; (R) DETERMINE TO INDEMNIFY A REPRESENTATIVE AS PROVIDED IN SECTION 10.2 OF THE BYLAWS; OR (S) AUTHORIZE, APPROVE, AMEND, OR TERMINATE ANY MANAGEMENT CONTRACT(S). FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION HAS NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM AND IS REVIEWED BY THE CHAIR, THE TREASURER/VP OF FINANCE/CFO, AND THE FULL BOARD BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR OR OFFICER WHO HAS AN INTEREST IN A CONTRACT OR OTHER TRANSACTION PRESENTED TO THE BOARD OR A COMMITTEE FOR AUTHORIZATION, APPROVAL OR RATIFICATION SHALL MAKE A PROMPT AND FULL DISCLOSURE OF HIS OR HER INTEREST TO THE BOARD OR COMMITTEE PRIOR TO ITS ACTING ON SUCH CONTRACT OR TRANSACTION. THE BODY TO WHICH SUCH DISCLOSURE IS MADE SHALL THEREUPON DETERMINE, BY MAJORITY VOTE, WHETHER THE DISCLOSURE SHOWS THAT A CONFLICT OF INTEREST EXISTS OR CAN REASONABLY BE CONSTRUED TO EXIST. IF A CONFLICT IS DEEMED TO EXIST, SUCH PERSON SHALL NOT VOTE ON, NOR USE HIS OR HER PERSONAL INFLUENCE ON, NOR PARTICIPATE (OTHER THAN TO PRESENT FACTUAL INFORMATION OR TO RESPOND TO QUESTIONS) IN, THE DISCUSSIONS OR DELIBERATIONS WITH RESPECT TO SUCH CONTRACT OR TRANSACTION. SUCH PERSON SHALL NOT BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM AT ANY MEETING WHERE THE CONTRACT OR TRANSACTION IS UNDER DISCUSSION OR IS BEING VOTED UPON. THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE THEREON AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION, AND WHETHER A QUORUM WAS PRESENT. ANNUALLY, THE BOARD DISTRIBUTES A CERTIFICATION REGARDING CONFLICT OF INTEREST FORM WHICH MUST BE COMPLETED AND SIGNED BY EACH BOARD MEMBER CERTIFYING THAT ALL CONFLICTS ARE DISCLOSED AND THEY ARE FAMILIAR WITH THE ORGANIZATION'S POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS IS CHARGED WITH ANNUALLY REVIEWING THE PERFORMANCE AND ESTABLISHING COMPENSATION FOR THE ORGANIZATION'S EXECUTIVE DIRECTOR. THE SALARY IS INDIVIDUALLY DETERMINED BASED ON REVIEW OF AN ANNUAL SURVEY PROVIDED BY A TRADE ASSOCIATION, OR EXTERNAL CONSULTATION, TO ENSURE COMPENSATION IS COMPETITIVE AND MAINTAINED WITHIN A FAIR MARKET RANGE WITHIN THE INDUSTRY NORMS. THE COMPENSATION COMMITTEE DOCUMENTS THEIR APPROVAL IN A TIMELY COMMUNICATION TO HUMAN RESOURCES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION B, LINE 15B: THE ORGANIZATION DOES NOT COMPENSATE ANYONE WHO MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF KEY EMPLOYEE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART X, LINE 20: SCHEDULE K FOR THE BONDS REPORTED ON THIS LINE IS INCLUDED WITH THE FILING FOR GRACE INSPIRED MINISTRIES (EIN 81-4735423). FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 13,428. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS -384,576. LOSS ON EXTINGUISHMENT OF DEBT -77,949. GRACE INSPIRED MINISTRIES 12 LUTHERAN HOME DRIVE TELFORD PA 18969 814735423 MANAGEMENT COMPANY PA 501(C)(3) LINE 12C, III-FI N/A 0 LUTHERAN COMMUNITY AT TELFORD INC 12 LUTHERAN HOME DRIVE TELFORD PA 18969 231611427 PROVIDE HOUSING, HEALTH CARE AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)(3) LINE 10 GRACE INSPIRED MINISTRIES 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1 1