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Nonprofiteer
← ASBURY COMMUNITIES INC

Form 990 for tax year 2022

Filed by ASBURY COMMUNITIES INC.

Totals

Total revenue
$14,712,507
Total expenses
$19,553,223
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$15,016,761
Investment income
-$304,254
Other revenue
$0
Total assets, end of year
$24,179,247
Total liabilities, end of year
$60,492,785
Net assets or fund balances, end of year
-$36,313,538
Program services expenses (Part IX)
$15,119,132
Management and general expenses
$4,434,091
Fundraising expenses
$0
Program service expenses (Part III)
$15,119,132

Program services were 77.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MANAGEMENT FEES

    total $15,016,761 · related or exempt $15,016,761

  • 3 · Investment income

    total $363,625 · excluded $363,625

  • 7a · Gross sales of assets other than inventory

    securities $12,827,555

  • 7b · Less cost or other basis and sales expenses

    securities $13,495,434

  • 7c · Gain or loss

    securities -$667,879

  • 7d · Net gain or loss

    total -$667,879 · excluded -$667,879

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $144,500 · program services $122,825 · management and general $21,675

  • 7 · Other salaries and wages

    total $12,100,000 · program services $10,444,702 · management and general $1,655,298

  • 8 · Pension plan contributions

    total $892,319 · program services $655,739 · management and general $236,580

  • 9 · Other employee benefits

    total $1,002,035 · program services $697,268 · management and general $304,767

  • 10 · Payroll taxes

    total $755,433 · program services $671,677 · management and general $83,756

  • 11a · Fees: management

    total $412,827 · management and general $412,827

  • 11b · Fees: legal

    total $95,577 · program services $90,699 · management and general $4,878

  • 11c · Fees: accounting

    total $221,977 · program services $221,977

  • 11g · Fees: other

    total $44,368 · program services $44,206 · management and general $162

  • 12 · Advertising and promotion

    total $122,197 · program services $121,313 · management and general $884

  • 13 · Office expenses

    total $833,067 · program services $208,652 · management and general $624,415

  • 14 · Information technology

    total $431,295 · program services $430,603 · management and general $692

  • 17 · Travel

    total $409,638 · program services $382,040 · management and general $27,598

  • 20 · Interest

    total $32,504 · program services $32,504

  • 22 · Depreciation, depletion and amortization

    total $508,527 · management and general $508,527

  • 23 · Insurance

    total $60,591 · program services $60,591

  • 24a · Other expenses: CONSULTING FEES

    total $697,366 · program services $492,103 · management and general $205,263

  • 24b · Other expenses: BOARD RELATED EXPENSES

    total $269,069 · management and general $269,069

  • 24c · Other expenses: RECRUITING/TRAINING

    total $187,756 · program services $184,311 · management and general $3,445

  • 24d · Other expenses: DUES AND SUBSCRIPTIONS

    total $156,000 · program services $142,813 · management and general $13,187

  • 24e · All other expenses

    total $176,177 · program services $115,109 · management and general $61,068

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $14,895,027 · end of year $7,307,508

  • 9 · Prepaid expenses and deferred charges

    beginning of year $382,213 · end of year $1,075,111

  • 10a · Land, buildings and equipment: cost or other basis

    $5,827,588

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,966,857

  • 10c · Land, buildings and equipment, net

    beginning of year $1,533,832 · end of year $1,860,731

  • 11 · Investments: publicly traded securities

    beginning of year $21,584,378 · end of year $8,991,671

  • 15 · Other assets

    beginning of year $5,247,928 · end of year $4,944,226

  • 17 · Accounts payable and accrued expenses

    beginning of year $23,528,381 · end of year $26,347,921

  • 25 · Other liabilities

    beginning of year $45,915,079 · end of year $34,144,864

  • 27 · Net assets without donor restrictions

    beginning of year -$25,800,082 · end of year -$36,313,538

Mission and programs · 2022

Mission

OUR MISSION IS EXPLORING POSSIBILITIES TO LIVE YOUR BEST LIFE BY DOING ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY AND GRACE.CONTINUED ON SCHEDULE OAS THE NOT-FOR-PROFIT PARENT OF THE ASBURY SYSTEM, WE GUIDE OUR COMMUNITIES AND AFFILIATED ORGANIZATIONS IN PROVIDING THE BEST POSSIBLE EXPERIENCE FOR THE OLDER ADULTS WE SERVE, AS WELL AS FAMILIES, EMPLOYEES, VOLUNTEERS AND PARTNERS.

Activities or mission (Part I)

EXPLORING POSSIBILITIES TO LIVE YOUR BEST LIFE BY DOING ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY AND GRACE.

  • ASBURY COMMUNITIES, INC. ("ASBURY") IS A TAX-EXEMPT, NOT-FOR-PROFIT, SUPPORTING ORGANIZATION PURSUANT TO 501(C)(3) AND 509(A)(3) OF THE INTERNAL REVENUE CODE. ASBURY PROVIDES DEFINED BUSINESS, ADMINISTRATIVE, AND OPERATIONAL SUPPORT TO A SYSTEM OF 501(C)(3) TAX-EXEMPT, NOT-FOR-PROFIT SUPPORTED ORGANIZATIONS THAT PROVIDE RESIDENTIAL LIVING AND HEALTH CARE SERVICES TO OLDER ADULTS. BEYOND RESIDENTIAL HOUSING FOR OLDER ADULTS, THE SUPPORTED ORGANIZATIONS ALSO PROVIDE ASSISTED LIVING, SKILLED NURSING, LONG TERM CARE, PACE (LIFE) PROGRAMMING, REHABILITATION, PHARMACY, HOME HEALTH AND HOME CARE SERVICES PURSUANT TO THEIR RESPECTIVE NOT-FOR-PROFIT MISSIONS.

    Expenses $15,119,132 · Revenue $15,016,761

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Doug Leidig

    PRESIDENT/EX-OFFICIO

    Total calculated
    $981,551
    From this org
    $0
    From related orgs
    $945,472
    Other
    $36,079
    Hours/week
    35 + 5 related

    Schedule J breakdown matched by us

    Base
    $0 + $588,862 related
    Bonus
    $0 + $181,250 related
    Other
    $0 + $175,360 related
    Deferred
    $0 + $12,662 related
    Nontaxable benefits
    $0 + $23,417 related
    Filer's total
    $0 + $981,551 related

  • Larry Parks

    CHAIR

    Total calculated
    $20,000
    From this org
    $20,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • R Scott Coolidge

    VICE CHAIR

    Total calculated
    $15,000
    From this org
    $15,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Christina Croll

    DIRECTOR

    Total calculated
    $6,500
    From this org
    $6,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 2 related

  • Jeffrey Ernico

    DIRECTOR

    Total calculated
    $15,000
    From this org
    $15,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 2 related

  • Melissa Fors

    DIRECTOR

    Total calculated
    $13,750
    From this org
    $13,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 2 related

  • Efonda Sproles

    DIRECTOR

    Total calculated
    $10,000
    From this org
    $10,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 2 related

  • Julie Gilbert

    DIRECTOR

    Total calculated
    $15,000
    From this org
    $15,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Richard Shuman

    DIRECTOR

    Total calculated
    $8,000
    From this org
    $8,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 2 related

  • C Eric Winzer

    DIRECTOR

    Total calculated
    $15,000
    From this org
    $15,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Nellie Ward Cole

    DIRECTOR-LEFT JULY 2022

    Total calculated
    $18,750
    From this org
    $18,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    2 + 2 related

  • Jean A Machart

    DIRECTOR

    Total calculated
    $7,500
    From this org
    $7,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    2

  • Andrew Jeanneret

    CFO/TREASURER

    Total calculated
    $605,105
    From this org
    $0
    From related orgs
    $574,190
    Other
    $30,915
    Hours/week
    31 + 9 related

    Schedule J breakdown matched by us

    Base
    $0 + $393,912 related
    Bonus
    $0 + $94,099 related
    Other
    $0 + $86,179 related
    Deferred
    $0 + $14,729 related
    Nontaxable benefits
    $0 + $16,186 related
    Filer's total
    $0 + $605,105 related

  • Andrew Joseph

    GENERAL COUNSEL/SECRETARY

    Total calculated
    $392,364
    From this org
    $0
    From related orgs
    $365,377
    Other
    $26,987
    Hours/week
    31 + 9 related

    Schedule J breakdown matched by us

    Base
    $0 + $308,588 related
    Bonus
    $0 + $55,444 related
    Other
    $0 + $1,345 related
    Deferred
    $0 + $10,469 related
    Nontaxable benefits
    $0 + $16,518 related
    Filer's total
    $0 + $392,364 related

  • Sandra H Lawson

    CHIEF GROWTH OFFICER

    Total calculated
    $476,265
    From this org
    $0
    From related orgs
    $449,417
    Other
    $26,848
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $352,889 related
    Bonus
    $0 + $95,000 related
    Other
    $0 + $1,528 related
    Deferred
    $0 + $15,328 related
    Nontaxable benefits
    $0 + $11,520 related
    Filer's total
    $0 + $476,265 related

  • Todd Andrews

    ASST. SECRETARY

    Total calculated
    $400,681
    From this org
    $0
    From related orgs
    $373,694
    Other
    $26,987
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $0 + $317,651 related
    Bonus
    $0 + $55,313 related
    Other
    $0 + $730 related
    Deferred
    $0 + $12,675 related
    Nontaxable benefits
    $0 + $14,312 related
    Filer's total
    $0 + $400,681 related

  • Shaun Smith

    CHIEF GROWTH OFFICER

    Total calculated
    $367,520
    From this org
    $0
    From related orgs
    $330,539
    Other
    $36,981
    Hours/week
    37 + 3 related

    Schedule J breakdown matched by us

    Base
    $0 + $306,002 related
    Bonus
    $0 + $23,217 related
    Other
    $0 + $1,320 related
    Deferred
    $0 + $15,275 related
    Nontaxable benefits
    $0 + $21,706 related
    Filer's total
    $0 + $367,520 related

  • Michael Reynolds

    DIRECTOR

    Total calculated
    $304,720
    From this org
    $0
    From related orgs
    $277,530
    Other
    $27,190
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $254,073 related
    Bonus
    $0 + $21,006 related
    Other
    $0 + $2,451 related
    Deferred
    $0 + $13,056 related
    Nontaxable benefits
    $0 + $14,134 related
    Filer's total
    $0 + $304,720 related

  • Henry R Moehring

    VICE PRESIDENT-LEFT OCT 2022

    Total calculated
    $273,445
    From this org
    $0
    From related orgs
    $248,842
    Other
    $24,603
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $207,258 related
    Bonus
    $0 + $34,425 related
    Other
    $0 + $7,159 related
    Deferred
    $0 + $12,765 related
    Nontaxable benefits
    $0 + $11,838 related
    Filer's total
    $0 + $273,445 related

  • Kimberly Ehrenfried

    VICE PRESIDENT

    Total calculated
    $271,013
    From this org
    $0
    From related orgs
    $242,837
    Other
    $28,176
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $211,690 related
    Bonus
    $0 + $30,690 related
    Other
    $0 + $457 related
    Deferred
    $0 + $8,936 related
    Nontaxable benefits
    $0 + $19,240 related
    Filer's total
    $0 + $271,013 related

  • Rhonda Teranto

    VICE PRESIDENT

    Total calculated
    $254,237
    From this org
    $0
    From related orgs
    $230,054
    Other
    $24,183
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $207,311 related
    Bonus
    $0 + $21,471 related
    Other
    $0 + $1,272 related
    Deferred
    $0 + $10,252 related
    Nontaxable benefits
    $0 + $13,931 related
    Filer's total
    $0 + $254,237 related

  • Jonathan Morrison

    SR DIRECTOR

    Total calculated
    $248,134
    From this org
    $0
    From related orgs
    $224,990
    Other
    $23,144
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $196,195 related
    Bonus
    $0 + $28,026 related
    Other
    $0 + $769 related
    Deferred
    $0 + $9,392 related
    Nontaxable benefits
    $0 + $13,752 related
    Filer's total
    $0 + $248,134 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE COMPENSATION OF THE ORGANIZATION'S CEO AND ALL PERSONS DEEMED POTENTIALLY DISQUALIFIED IS REVIEWED AND RECOMMENDED TO THE BOARD OF ASBURY COMMUNITIES, INC. BY THE COMPENSATION COMMITTEE OF THE BOARD.
PART I, LINES 4A-B
THE PRESIDENT, CFO, GENERAL COUNSEL, AND CHIEF GROWTH OFFICER PARTICIPATE IN A 457(F) PLAN. THE PRESIDENT AND CFO RECEIVED DISTRIBUTIONS OF $148,724 AND $84,438, RESPECTIVELY, IN 2022. THERE WERE NO OTHER PLAN DISTRIBUTIONS. HENRY MOEHRING, VICE PRESIDENT, LEFT THE ORGANIZATION IN OCTOBER 2022. HE ROUTINELY WORKED 40 HOURS PER WEEK PRIOR TO HIS DEPARTURE, AND HE RECEIVED $5,834 SEVERANCE DURING 2022 UPON SEPARATING FROM THE ORGANIZATION.
PART I, LINE 6
EXECUTIVE INCENTIVE COMPENSATION IS BASED IN PART UPON THE OPERATING RATIO FROM THE CONSOLIDATED ASBURY COMMUNITIES, INC. FINANCIAL STATEMENTS. THE OPERATING RATIO MEASURES WHETHER CURRENT YEAR CASH OPERATING REVENUES ARE SUFFICIENT TO COVER CURRENT YEAR CASH OPERATING EXPENSES.
FORM 990, PART VII, SECTION A
THE ORGANIZATION DOES NOT ADMINISTER ANY W-2S. ALL W-2S ARE FILED UNDER THE EIN OF AFFILIATED ASSOCIATES, INC., A RELATED PARTY 501(C)(3) ORGANIZATION CREATED TO SUPPORT THE TAX EXEMPT FUNCTIONS OF ASBURY COMMUNITIES AND AFFILIATES BY ADMINISTERING PAYROLL FUNDS. THE COMPENSATION REPORTED ON FROM 990, PART VII AND PART IX REFLECTS THE COMPENSATION PAID BY ASBURY COMMUNITIES, INC. FOR THOSE ASSOCIATES DIRECTLY ALLOCATED TO ASBURY COMMUNITIES, INC. PURSUANT TO AN EMPLOYEE LEASE AGREEMENT.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • ASBURY ATLANTIC INC

    501(C)(3) · HOUSING AND HEALTHCARE FOR OLDER ADULTS · MD · controlled entity

    Directly controlled by ASBURY COMMUNITIES INC

  • ASBURY FOUNDATION INC

    501(C)(3) · RAISING FUNDS FOR CHARITY CARE · MD · controlled entity

    Directly controlled by ASBURY COMMUNITIES INC

  • AFFILIATED ASSOCIATES INC

    501(C)(3) · EMPLOYEE PAYMASTER COMPANY · MD · controlled entity

    Directly controlled by ASBURY COMMUNITIES INC

  • ASBURY COMMUNITIES HCBS INC

    501(C)(3) · HOME CARE FOR OLDER ADULTS · MD · controlled entity

    Directly controlled by ASBURY COMMUNITIES INC

  • ASBURY INC

    501(C)(3) · HOUSING AND HEALTHCARE FOR OLDER ADULTS · TN · controlled entity

    Directly controlled by ASBURY COMMUNITIES INC

  • BETHANY DEVELOPMENT CORPORATION

    501(C)(3) · HOUSING FOR OLDER ADULTS · PA · controlled entity

    Directly controlled by ASBURY COMMUNITIES INC

  • ALBRIGHT CARE SERVICES

    501(C)(3) · HOUSING, HEALTHCARE, AND AT-HOME SERVICES FOR OLDER ADULTS · PA · controlled entity

    Directly controlled by ASBURY COMMUNITIES INC

  • WARRIOR RUN MANOR

    501(C)(3) · HOUSING FOR OLDER ADULTS · PA

    Directly controlled by ALBRIGHT CARE SERVICES

  • FOREST RIDGE MANOR INC

    501(C)(3) · HOUSING FOR OLDER ADULTS · TN

    Directly controlled by ASBURY INC

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • THE ASBURY GROUP INC

    C · TECH & SUPPORT SERVICES · DE · 100% owned · controlled entity

    Directly controlled by ASBURY COMMUNITIES INC

  • THRIVEWELL TECH LLC

    C · INFO & CONSLT SVCS · DE · 100% owned · controlled entity

    Directly controlled by ASBURY COMMUNITIES INC

  • IVA INC

    C · HOLDS LIQUOR LICENSES · OK · 100% owned · controlled entity

    Directly controlled by ASBURY ATLANTIC

  • 5285 WESTVIEW DRIVE ONE LLC

    C · INFO. TECH. RESELLER AND IMPLEMENTATION PARTNER · MD

    Directly controlled by THE ASBURY GROUP INC

  • 1569 TEELS ROAD LLC

    C · OPERATE A PERSONAL CARE HOME AND SENIOR LIVING COMMUNITY · PA

    Directly controlled by THE ASBURY GROUP INC

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202313179349301116

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