2026-08-13T15:55:13-05:00 2025-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 28601 CHAGRIN BLVD SUITE 210 WOODMERE OH 44122 990 2025-01-01 522069016 CEDAR LANE SENIOR LIVING COMMUNITY III INC CEDA 3014758966 22680 CEDAR LANE COURT LEONARDTOWN MD 20650 MELISSA FARREN TREASURER 3014758966 2026-08-13 1 DAVID REAPE P00068117 2168311200 2026-08-13 2025 2025-03-06 01:10:19Z CANDACE CHESSER 22680 CEDAR LANE COURT LEONARDTOWN MD 20650 689245 0 X WWW.CEDAR-LANE.ORG X 1997 MD TO PROVIDE HOUSING AND CUSTOMER SERVICES TO ELDERLY AND DISABLED ADULTS IN LEONARDTOWN, MARYLAND. 15 14 40 14 0 0 3768 2500 477433 471805 448 184290 50069 20875 531718 679470 0 0 0 0 205942 204321 0 0 0 371168 337632 577110 541953 -45392 137517 2185528 1979179 1647824 1303958 537704 675221 TO PROVIDE FOR ELDERLY AND DISABLED PERSONS RENTAL HOUSING AND RELATED FACILITIES AND SERVICES ESPECIALLY DESIGNED TO CONTRIBUTE TO THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE ELDERLY AND TO CONTRIBUTE TO THEIR HEALTH, SECURITY, AND USEFULNESS IN LIVING. 0 0 475856 492680 CEDAR LANE SENIOR LIVING COMMUNITY III, INC. BEGAN OPERATIONS DURING 2002. THE ENTITY OWNS AND OPERATES A 30-UNIT HOUSING PROJECT FOR THE ELDERLY IN LEONARDTOWN, MARYLAND. IN CONJUNCTION WITH THE RENTAL UNITS, THE ENTITY PROVIDES SUPPORT SERVICES THAT INCLUDE A DINING FACILITY. 475856 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 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 1 0 0 0 1 X 22 0 1 40 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X KOLBY WASNICK 3014758966 22680 CEDAR LANE COURT LEONARDTOWN MD 20650 ERIC GOLDEN PRESIDENT, CEO, DIRECTOR 7.70 42.30 X X 29236 160611 5695 CANDY CHESSER CHAIR 1.00 2.00 X X 0 0 0 JIMMY HAYDEN VICE CHAIR 1.00 2.00 X X 0 0 0 DENNIS NICHOLSON TREASURER 1.00 2.00 X X 0 0 0 KATHY FRANZEN SECRETARY 1.00 2.00 X X 0 0 0 SHERI BURCH NORRIS DIRECTOR 1.00 2.00 X 0 0 0 DARLENE JOHNSON DIRECTOR 1.00 2.00 X 0 0 0 MICKEY RAMOS DIRECTOR 1.00 2.00 X 0 0 0 SILVIO BORRERO DIRECTOR 1.00 2.00 X 0 0 0 MELISSA FARREN DIRECTOR 1.00 2.00 X 0 0 0 SUSIE GLAUNER DIRECTOR 1.00 2.00 X 0 0 0 RICHARD PECTOL DIRECTOR 1.00 2.00 X 0 0 0 HADLEY RAMIAH DIRECTOR 1.00 2.00 X 0 0 0 TERRI VERBIC-BOGGS DIRECTOR 1.00 2.00 X 0 0 0 LESLIE THISTLE TENANT REPRESENTATIVE 1.00 2.00 X 0 0 0 CALVIN BOOZER DIRECTOR OF FACILITIES 7.70 42.30 X 17039 93605 3319 46275 254216 9014 0 0 1 0 0 2500 2500 RENTAL INCOME 531110 470949 470949 DIETARY INCOME 531110 856 856 471805 551 551 193514 9775 183739 183739 183739 OTHER TENANT CHARGES 531110 17212 17212 LAUNDRY INCOME 531110 3663 3663 20875 679470 492680 0 184290 47664 47664 142353 142353 14304 14304 43623 43623 1438 1438 16836 16836 5257 5257 4200 4200 114252 114252 104337 104337 REPAIRS AND MAINTENANCE 29757 29757 MISC. EXPENSES 17932 17932 541953 475856 66097 0 144032 7590 173599 198106 30 5192 4161819 2424426 1838453 1737393 29414 30898 2185528 1979179 14868 14327 13167 1737 38239 47816 1245022 1240078 336528 0 1647824 1303958 X 537704 675221 537704 675221 2185528 1979179 137517 0 X 0 1 X 1 0 X 55000 3768 2500 61268 610274 438308 461279 477433 471805 2459099 610274 438308 516279 481201 474305 2520367 0 252081 248726 288173 292299 293104 1374383 252081 248726 288173 292299 293104 1374383 1145984 152 192 440 448 551 1783 152 192 440 448 551 1783 3490 41313 23928 50069 20875 139675 613916 479813 540647 531718 495731 2661825 0.43050 0.42590 0.00070 0.00060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY INCOME - 2021 AMOUNT: $ 3,490. 2022 AMOUNT: $ 2,790. 2023 AMOUNT: $ 4,575. 2024 AMOUNT: $ 3,625. 2025 AMOUNT: $ 3,663. OTHER TENANT CHARGES - 2022 AMOUNT: $ 38,523. 2023 AMOUNT: $ 19,353. 2024 AMOUNT: $ 46,444. 2025 AMOUNT: $ 17,212. 0 1 X 351057 351057 3362026 2019427 1342599 201842 194416 7426 246894 210583 36311 1737393 679470 0 679470 0 679470 541953 0 541953 0 541953 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FOR TENANTS IN AN ESCROW ACCOUNT. THESE DEPOSITS ARE RETURNED TO THE TENANTS ONCE THEY MOVE OUT OF THE APARTMENT. X X X 0 0 0 0 0 0 0 1 0 ERIC GOLDEN PRESIDENT, CEO, DIRECTOR 29236 160611 0 0 0 0 877 4818 0 0 30113 165429 0 0 PART I, LINE 7 INDIVIDUALS RECEIVED PERFORMANCE BONUS, WHICH WAS APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART I, LINE 5 AND PART V, LINE 2A: THE FILING ORGANIZATION SERVES AS COMMON PAYMASTER TO TWO RELATED TAX-EXEMPT ORGANIZATIONS, CEDAR LANE SENIOR LIVING COMMUNITY I, INC. AND CEDAR LANE SENIOR LIVING COMMUNITY II, INC. THE NUMBER OF EMPLOYEES REPORTED REPRESENTS THE FILING ORGANIZATION'S ALLOCABLE SHARE. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERSHIP CONSISTS OF ALL RESIDENTS AND STAFF OF CEDAR LANE SENIOR LIVING COMMUNITY III, INC., AND PERSONS INTERESTED IN THE CORPORATION'S PURPOSE PROVIDED THEY RESIDE IN ST. MARY'S, CHARLES OR CALVERT COUNTY, MARYLAND. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE ORGANIZATION'S GOVERNING BOARD AT THE ANNUAL MEETING. EACH MEMBER SHALL HAVE THE RIGHT TO CAST ONE VOTE FOR THE ELECTION OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B IN ADDITION TO THE ELECTION OF DIRECTORS, THE MEMBERS ALSO HAVE THE RIGHT TO CAST ONE VOTE EACH ON ALL MATTERS THAT MAY PROPERLY COME BEFORE THEM AT A MEMBERSHIP MEETING. FORM 990, PART VI, SECTION B, LINE 11B EACH YEAR, PRIOR TO THE SUBMISSION OF THE ORGANIZATION'S FORM 990 TO THE INTERNAL REVENUE SERVICE, EACH VOTING MEMBER OF THE BOARD OF DIRECTORS SHALL BE PROVIDED WITH A COPY OF THE FINAL FORM 990 AS COMPLETED BY THE CERTIFIED PUBLIC ACCOUNTANTS. BOARD MEMBERS SHALL BE PROVIDED WITH AT LEAST FIVE BUSINESS DAYS TO REVIEW THE FORM AND SHOULD HAVE AN OPPORTUNITY TO RAISE QUESTIONS, MAKE SUGGESTIONS, AND ADDRESS ANY POTENTIAL PROBLEMS OR CONCERNS WITH THE CHAIR AND THE DIRECTOR OF FINANCE & ADMINISTRATION. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, STAFF, RESIDENTS AND CERTAIN VOLUNTEERS OF CEDAR LANE. AN INTERESTED PARTY IS UNDER A CONTINUING OBLIGATION TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST AS SOON AS IT IS KNOWN, OR REASONABLY SHOULD BE KNOWN. FOR BOARD MEMBERS, THE DISCLOSURE STATEMENTS SHALL BE PROVIDED TO THE CHAIR OF THE BOARD, OR IN THE CASE OF THE CHAIR OF THE BOARD'S DISCLOSURE STATEMENT SHALL BE PROVIDED TO THE SECRETARY OF THE BOARD. COPIES SHALL BE PROVIDED TO THE PRESIDENT. IN THE CASE OF STAFF OR VOLUNTEERS WITH SIGNIFICANT DECISION-MAKING AUTHORITY, THE DISCLOSURE STATEMENTS SHALL BE PROVIDED TO THE PRESIDENT OF THE ORGANIZATION, OR IN THE CASE OF THE PRESIDENT'S DISCLOSURE STATEMENT SHALL BE PROVIDED TO THE CHAIR OF THE BOARD. THE SECRETARY OF THE BOARD OF DIRECTORS SHALL FILE COPIES OF ALL DISCLOSURE STATEMENTS WITH THE OFFICIAL CORPORATE RECORDS OF THE ORGANIZATION. WHENEVER THERE IS REASON TO BELIEVE THAT AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST EXISTS BETWEEN CEDAR LANE AND AN INTERESTED PARTY, THE BOARD OF DIRECTORS SHALL DETERMINE THE APPROPRIATE ORGANIZATIONAL RESPONSE. THIS SHALL INCLUDE, BUT NOT NECESSARILY BE LIMITED TO, INVOKING THE PROCEDURES DESCRIBED BELOW, WITH RESPECT TO A SPECIFIC PROPOSED ACTION OR TRANSACTION. WHERE THE ACTUAL OR POTENTIAL CONFLICT INVOLVES AN EMPLOYEE OF THE ORGANIZATION OTHER THAN THE PRESIDENT, THE PRESIDENT SHALL, IN THE FIRST INSTANCE, BE RESPONSIBLE FOR REVIEWING THE MATTER AND MAY TAKE APPROPRIATE ACTION AS NECESSARY TO PROTECT THE INTERESTS OF THE ORGANIZATION. THE PRESIDENT SHALL REPORT TO THE CHAIR OF THE BOARD THE RESULTS OF ANY REVIEW AND THE ACTION TAKEN. THE CHAIR OF THE BOARD, IN CONSULTATION WITH THE EXECUTIVE COMMITTEE, SHALL DETERMINE IF ANY FURTHER BOARD REVIEW OR ACTION IS REQUIRED. WHERE AN ACTUAL OR POTENTIAL CONFLICT EXISTS BETWEEN THE INTERESTS OF CEDAR LANE AND AN INTERESTED PARTY WITH RESPECT TO A SPECIFIC PROPOSED ACTION OR TRANSACTION, CEDAR LANE SHALL REFRAIN FROM THE PROPOSED ACTION OR TRANSACTION UNTIL SUCH TIME AS THE PROPOSED ACTION OR TRANSACTION HAS BEEN APPROVED BY THE DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS OF THE ORGANIZATION. THE FOLLOWING PROCEDURES SHALL APPLY: AN INTERESTED PARTY WHO HAS AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST WITH RESPECT TO A PROPOSED ACTION OR TRANSACTION OF THE CORPORATION SHALL NOT PARTICIPATE IN ANYWAY IN, OR BE PRESENT DURING, THE DELIBERATIONS AND DECISION MAKING OF THE ORGANIZATION WITH RESPECT TO SUCH ACTION OR TRANSACTION. THE INTERESTED PARTY MAY, UPON REQUEST, BE AVAILABLE TO ANSWER QUESTIONS OR PROVIDE MATERIAL FACTUAL INFORMATION ABOUT THE PROPOSED ACTION OR TRANSACTION. THE DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS MAY APPROVE THE PROPOSED ACTION OR TRANSACTION UPON FINDING THAT IT IS IN THE BEST INTERESTS OF THE CORPORATION. THE BOARD SHALL CONSIDER WHETHER THE TERMS OF THE PROPOSED TRANSACTION ARE FAIR AND REASONABLE TO THE ORGANIZATION AND WHETHER IT WOULD BE POSSIBLE, WITH REASONABLE EFFORT, TO FIND A MORE ADVANTAGEOUS ARRANGEMENT WITH A PARTY OR ENTITY THAT IS NOT AN INTERESTED PARTY. APPROVAL BY THE DISINTERESTED MEMBERS OF THE BOARD OF DIRECTORS SHALL BE BY VOTE OF A MAJORITY OF DIRECTORS IN ATTENDANCE AT A MEETING AT WHICH A QUORUM IS PRESENT. AN INTERESTED PARTY SHALL NOT BE COUNTED FOR PURPOSES OF DETERMINING WHETHER A QUORUM IS PRESENT, OR FOR PURPOSES OF DETERMINING WHAT CONSTITUTES A MAJORITY VOTE OF DIRECTORS IN ATTENDANCE. THE MINUTES OF THE MEETING SHALL REFLECT THAT THE CONFLICT DISCLOSURE WAS MADE, THE VOTE TAKEN AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION BY THE INTERESTED PARTY. AND PARTICIPATION BY THE INTERESTED PARTY. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE PRESIDENT & CEO. THE PRESIDENT & CEO'S COMPENSATION WAS ESTABLISHED THROUGH AN EXTERNAL THIRD-PARTY COMPENSATION SURVEY AND COMPARABILITY ANALYSIS CONDUCTED IN 2021. SINCE THIS ORIGINAL COMPENSATION SURVEY, THE BOARD HAS CONDUCTED INFORMAL COMPENSATION REVIEWS, THE MOST RECENT REVIEW OCCURING IN 2025. THE BOARD'S REVIEW, DELIBERATION, AND COMPENSATION DECISION WAS DOCUMENTED AS PART OF THE BOARD'S PROCEEDINGS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. CEDAR LANE SENIOR LIVING COMMUNITY I INC 22680 CEDAR LANE CT LEONARDTOWN MD 20650 237136808 RENTAL HOUSING MD 501(C)(3) LINE 10 0 CEDAR LANE SENIOR LIVING COMMUNITY II INC 22680 CEDAR LANE CT LEONARDTOWN MD 20650 521330040 RENTAL HOUSING MD 501(C)(3) LINE 10 0 FRIENDS OF CEDAR LANE INC 22680 CEDAR LANE CT LEONARDTOWN MD 20650 205555024 PROGRAM SUPPORT MD 501(C)(3) LINE 12A, I 0 CEDAR LANE SENIOR LIVING COMMUNITY LLC 22680 CEDAR LANE CT LEONARDTOWN MD 20650 923086179 RENTAL HOUSING MD N/A C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0