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Nonprofiteer
← BIRCH HILL TERRACE

Form 990 for tax year 2022

Filed by BIRCH HILL TERRACE.

Totals

Total revenue
$14,751,459
Total expenses
$18,369,190
Contributions and grants received
$388,623
Grants paid
$628,730
Program service revenue
$14,274,496
Investment income
$88,340
Other revenue
$0
Total assets, end of year
$54,682,441
Total liabilities, end of year
$54,233,067
Net assets or fund balances, end of year
$449,374
Program services expenses (Part IX)
$13,740,543
Management and general expenses
$4,628,647
Fundraising expenses
$0
Program service expenses (Part III)
$13,740,543

Program services were 74.8% 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.

  • 1d · Related organizations

    $263,733

  • 1f · All other contributions, gifts and grants

    $124,890

  • 2a · Program service revenue: RESIDENTIAL SERVICE FEES

    total $7,001,873 · related or exempt $7,001,873

  • 2b · Program service revenue: HEALTH CENTER FEES

    total $5,190,139 · related or exempt $5,190,139

  • 2c · Program service revenue: EARNED MEMBERSHIP FEES

    total $2,006,638 · related or exempt $2,006,638

  • 2d · Program service revenue: OTHER OPERATING REVENUE

    total $75,846 · related or exempt $75,846

  • 3 · Investment income

    total $296,944 · excluded $296,944

  • 7a · Gross sales of assets other than inventory

    securities $6,830,958

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

    securities $7,039,562

  • 7c · Gain or loss

    securities -$208,604

  • 7d · Net gain or loss

    total -$208,604 · excluded -$208,604

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $628,730 · program services $628,730

  • 5 · Compensation of officers, directors and key employees

    total $211,317 · management and general $211,317

  • 7 · Other salaries and wages

    total $6,627,356 · program services $5,646,605 · management and general $980,751

  • 8 · Pension plan contributions

    total $46,839 · program services $38,494 · management and general $8,345

  • 9 · Other employee benefits

    total $776,330 · program services $638,712 · management and general $137,618

  • 10 · Payroll taxes

    total $503,795 · program services $403,036 · management and general $100,759

  • 11a · Fees: management

    total $569,440 · management and general $569,440

  • 11b · Fees: legal

    total $30,517 · management and general $30,517

  • 11c · Fees: accounting

    total $48,173 · management and general $48,173

  • 11f · Fees: investment management

    total $22,634 · management and general $22,634

  • 11g · Fees: other

    total $1,381,510 · program services $692,179 · management and general $689,331

  • 12 · Advertising and promotion

    total $431,186 · program services $300,970 · management and general $130,216

  • 13 · Office expenses

    total $375,694 · program services $307,678 · management and general $68,016

  • 14 · Information technology

    total $466,137 · program services $54,578 · management and general $411,559

  • 16 · Occupancy

    total $731,677 · program services $621,925 · management and general $109,752

  • 17 · Travel

    total $40,065 · program services $16,219 · management and general $23,846

  • 20 · Interest

    total $409,143 · program services $347,772 · management and general $61,371

  • 22 · Depreciation, depletion and amortization

    total $3,283,583 · program services $2,791,046 · management and general $492,537

  • 23 · Insurance

    total $239,780 · program services $2,120 · management and general $237,660

  • 24a · Other expenses: RAW FOOD

    total $678,236 · program services $590,065 · management and general $88,171

  • 24b · Other expenses: REPAIRS AND MAINTENACE

    total $673,440 · program services $541,966 · management and general $131,474

  • 24c · Other expenses: OTHER EMPLOYEE EXPENSES

    total $81,060 · program services $56,052 · management and general $25,008

  • 24d · Other expenses: RESIDENT EXPENSES

    total $51,704 · program services $14,692 · management and general $37,012

  • 24e · All other expenses

    total $60,844 · program services $47,704 · management and general $13,140

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,401,347 · end of year $6,402,666

  • 2 · Savings and temporary cash investments

    beginning of year $5,693,978 · end of year $1,011,723

  • 4 · Accounts receivable

    beginning of year $501,914 · end of year $67,509

  • 8 · Inventories for sale or use

    beginning of year $39,409 · end of year $41,484

  • 9 · Prepaid expenses and deferred charges

    beginning of year $111,248 · end of year $131,719

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

    $74,555,864

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

    $34,551,272

  • 10c · Land, buildings and equipment, net

    beginning of year $38,199,531 · end of year $40,004,592

  • 11 · Investments: publicly traded securities

    beginning of year $557,142 · end of year $5,665,368

  • 15 · Other assets

    beginning of year $844,968 · end of year $1,357,380

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,274,263 · end of year $1,771,451

  • 19 · Deferred revenue

    beginning of year $11,445,289 · end of year $11,176,051

  • 20 · Tax-exempt bond liabilities

    beginning of year $10,595,920 · end of year $13,366,992

  • 23 · Secured mortgages and notes payable

    end of year $45,370

  • 25 · Other liabilities

    beginning of year $22,859,753 · end of year $27,873,203

  • 27 · Net assets without donor restrictions

    beginning of year $3,173,312 · end of year $448,374

  • 28 · Net assets with donor restrictions

    beginning of year $1,000 · end of year $1,000

Mission and programs · 2022

Mission

TO ENSURE HEALTHY AGING BIRCH HILL TERRACE (BH) DBA RIVERWOODS MANCHESTER (RWM) A NONPROFIT CONTINUING CARE RETIREMENT COMMUNITY (CCRC), PROMOTES AN INDEPENDENT LIFESTYLE, ENCOURAGES COMMUNITY INVOLVEMENT, PRESERVES INDIVIDUAL DIGNITY, CREATES A SPIRIT OF HARMONY, COMPASSION, UNDERSTANDING, AND TRUST.

Activities or mission (Part I)

TO ESTABLISH, OWN, AND MAINTAIN A CHARITABLE CONTINUING CARE RETIREMENT COMMUNITY FOR THE ELDERLY

  • BIRCH HILL TERRACE ADOPTED THE DBA RIVERWOODS MANCHESTER (RWM) IN FY21 AND HAS BEEN AFFILIATIED WITH RIVERWOODS SINCE 2016. AS A TYPE B CONTRACT, NOT-FOR-PROFIT CONTINUING CARE COMMUNITY (CCRC) OUR PRIMARY SERVICE IS TO PROVIDE HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, AND SECURITY TO OLDER ADULTS OVER AGE 62. ON 6/30/23, THE COMMUNITY HOUSED APPROXIMATELY 166 RESIDENTS IN INDEPENDENT LIVING APARTMENTS AND 63 RESIDENTS IN ITS HEALTH CARE CENTER. DURING THE YEAR, THE HEALTH CARE CENTER SERVED ABOUTY 76 RESIDENTS ON A PERMANENT, TEMPORARY OR PER DIEM BASIS AT A SUBSTANTIALLY DISCOUNTED RATE. LIFECARE RESIDENTS RECEIVE A DISCOUNTED RATE WHEN IN THE HEALTH CENTER. THE "CONTRACTUAL ALLOWANCE" (I.E. WRITE-OFF) RELATED TO THE LEVEL OF CARE PROVIDED FOR LIFECARE CONTRACT RESIDENTS WAS $634,283 FOR FY23.AS A NOT-FOR-PROFIT CCRC, RWM HAS A BENEVOLENCE FUND TO HELP RESIDENTS WHO HAVE OUTLIVED THEIR ASSETS OR HAVE FOUND THEMSELVES UNABLE TO MAKE THEIR FINANCIAL COMMITMENT, THROUGH NO FAULT OF THEIR OWN. IF NEEDED, A RESIDENT CAN TURN TO THE RIVERWOODS BENEVOLENCE FUND, RATHER THAN PLACING FINANCIAL BURDEN ON SENIOR ASSISTANCE PROGRAMS OUTSIDE THE RIVERWOODS COMMUNITY. IN FY23, RWM PROVIDED FINANCIAL ASSISTANCE TO A TOTAL OF ELEVEN RESIDENTS IN THE AMOUNT OF $618,730.OUR NOT-FOR-PROFIT MISSION PROVIDES COMMUNITY, PURPOSE, AND PEACE OF MIND. ONE OF THE PRIMARY WAYS OUR RESIDENTS AND STAFF FIND PURPOSE IS THROUGH GIVING BACK TO THE COMMUNITY AND THE SURROUNDING AREA IN A NUMBER OF WAYS. RWM HAS DEEP ROOTS IN THE CITY OF MANCHESTER AND THE SURROUNDING AREA. WE BEGAN CLOSE TO 150 YEARS AGO AS THE WOMEN'S AID AND RELIEF SOCIETY AND HAVE EVOLVED AS THE NEEDS OF THE COMMUNITY HAVE CHANGED. AS ACTIVE NEIGHBORS OF THE GREATER COMMUNITY, WE SERVE THE LOCAL AREAS WITH OUR TIME, KNOWLEDGE, AND RESOURCES. IN FY23, BOTH STAFF AND RESIDENTS FOUND MANY WAYS TO GIVE BACK, SERVE OTHERS, AND SUPPORT THE LOCAL COMMUNITY BY VOLUNTEERING THEIR TIME ON LOCAL NOT-FOR-PROFIT BOARDS, VOLUNTEERING HOURS IN THEIR COMMUNITY, COLLECTING PHYSICAL DONATIONS FOR TOY AND FOOD DRIVES AND MAKING KNITTED ITEMS TO DONATE TO LOCAL ORGANIZATIONS. ONE PROJECT OF PATRICULAR NOTE IS THE CREATION OF THE ALL PERSONS TRAIL IN THE CEDAR SWAMP PRESERVE, IN PARTNERSHIP WITH THE NATURE CONSERVANCY. THE 600 ACRE CONSERVANCEY IS ACROSS THE ROAD FROM OUR CAMPUS, AND WE ASSISTED IN FUNDING CONSTRUCTION OF THE TRAIL THAT ALLOWS PEOPLE IN WHEELCHAIRS AND WALKERS TO EXPLORE THIS BEAUTIFUL LOCATION. RWM ENCOURAGES EMPLOYEES TO VOLUNTEER DURING WORK HOURS FOR SPECIAL NOT-FOR-PROFIT PROJECTS. ANOTHER LONG-TREM PARTNERSHIP OF RWM IS WITH THE MOORE CENTER, IN MANCHESTER, WHO HELP FIND DIGNIFIED AND MEANINGFUL EMPLOYEMENT AND PURPOSE FOR PEOPLE WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES. WE HAVE LONG PARTNERED WITH THE MOORE CENTER CLIENTS WHO BENEFIT FROM JOB SHADOWING/INTERNSHIPS AT RIVERWOODS MANCHESTER.PART OF OUR MISSION IS NOT ONLY TO HELP IMPROVE THE EXPERIENCE OF AGING FOR AS MANY ADULTS AS POSSIBLE, BUT ALSO TO SHARE THAT KNOWLEDGE WITH OTHERS, ESPECIALLY THE YOUNGER GENERATION. EMPLOYEES REGULARLY SHARE THEIR KNOWLEDGE BY INVITING STUDENTS INTO THE RWM COMMUNITY WHO CAN LEARN FROM THE VAST KNOWLEDGE AND EXPERIENCE OF THE STAFF. OVER THE YEARS WE HAVE HOSTED STUDENTS FROM A VARIETY OF SCHOOLS AND PROVIDED INTERNSHIPS IN A VARIETY OF COURSEWORK, FROM MARKETING TO FINANCE TO SOCIAL WORK AND HEALTH CARE. A KEY OBJECTIVE OF OUR COMMUNITY IS NOT ONLY TO SHARE OUR EXPERIENCES WITH OTHERS, BUT TO LEARN FROM OTHERS IN THE INDUSTRY AT THE SAME TIME. IN THIS WAY WE CONTINUE TO INNOVATE, TO REMAIN AT THE FOREFRONT OF NEW TRENDS IN OUR INDUSTRY, AND TO RESPOND TO CHANGING CONSUMER PREFERENCES, WHILE ALSO ADVANCING THE SENIOR LIVING INDUSTRY AS A WHOLE. OUR LEADERS REGULARLY ATTEND INDUSTRY SEMINARS, PARTICIPATE IN STUDY GROUPS, AND PRESENT ON NATIONAL AND INTERNALTIONAL PANELS WITHIN OUR INDUSTRY, AS WELL AS DRAFT ARTICLES FOR LEADING PUBLICATIONS. IN ORDER TO FULFILL OUR MISSION TO HELP ALL OLDER ADULTS, NOT ONLY THOSE IN OUR COMMUNITIES, RIVERWOODS LAUNCHED A PODCAST, SENIOR AUTHORITY, IN APRIL OF 2021. THIS PODCAST, FULLY FUNDED BY RIVERWOODS, IS GEARED TOWARD ANSWERING QUESTIONS ON AGING, FEATURING INTERVIEWS WITH LEADING SCIENTISTS, RESEARCHERS, PRACTITIONERS, AND AUTHORS. THE PODCAST COVERS ALL ASPECTS OF AGING, FROM FITNESS TO FINANCE, HEALTH, NUTRITION, SCIENCE, AND MORE. THE PODCAST RECEIVES NO MONETARY SUBSIDIES AND HAS AVERAGED TWO PODCASTS PER MONTH TO DATE. SENIOR AUTHORITY HAS EXCEEDED 52,000 EPISODE DOWNLOADS, AS WELL AS 37,500 VIEWS ON YOUTUBE, AND HAS MORE THAN 5,000 FOLLOWERS ON SOCIAL MEDIA. THE PODCAST CONTINUES TO PROVIDE IMPORTANT CONTENT TO A GROWING AUDIENCE ACROSS THE COUNTRY.RWM IS A STRONG COMMUNITY PARTNER AND IN ADDITION TO RESIDENT AND STAFF TIME SPENT VOLUNTEERING, RWM HAS HELPED A NUMBER OF COMMUNITY-WIDE EVENTS AND ORGANIZATIONS WITH FINANCIAL SUPPORT. RWM HAS ALSO PROVIDED SMALL HONORARIUMS/DONATIONS TO A NUMBER OF GROUPS WHO HAVE PROVIDED SPEAKERS FOR OUR ON-CAMPUS EDUCATION PROGRAMS.EDUCATION IS A VALUE HIGHLY PRIZED BY RWM RESIDENTS. IN FY23, RWM ESTABLISHED THE RIVERWOODS MANCHESTER SCHOLARSHIP FUND FOR STAFF TO PURSUE HIGHER EDUCATION. IN FY23, $10,000 WAS AWARDED TO 5 RECIPIENTS.A GROUP OF EMPLOYEES CREATED THE C.A.R.E. (CARING, AIDING AND RESPONDING TO EMPLOYEES) FUND TO ASSIST EMPLOYEES WHO DEMONSTRATE A FINANCIAL EMERGENCY BEYOND THEIR CONTROL AND PROVIDE THEM WITH LIMITED ASSISTANCE. THIS FUND CONTINUES TO BE AVAILABLE TO EMPLOYEES WHO DEMONSTRATE A NEED FOR LIMITED EMERGENCY FINANCIAL ASSISTANCE.RIVERWOODS MANCHESTER IS LOCATED IN A BEAUTIFUL RURAL AREA OF THE CITY. RESIDENTS AS WELL AS PEOPLE IN OUR SURROUNDING AREA ARE ABLE TO ENJOY WALKING THROUGH OUR CAMPUS AND ON OUR TRAILS. A GROUP OF RWM RESIDENTS ARE DEDICATED TO KEEPING THE GARDENS AND TRAILS IN THEIR COMMUNITY IN PERFECT CONDITION. THE GARDENING, GROUNDS, AND PLANT CARE GROUP DEDICATE SEVERAL HOURS PER WEEK TO WEEDING, PRUNING, AND WATERING PLANTS AND BEDS AROUND THE CAMPUS FOR OTHERS TO ENJOY.

    Expenses $13,740,543 · Grants $628,730 · Revenue $14,274,496

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

Listed in Part VII

  • Justine Vogel

    EX-OFFICIO TRUSTEE/TRWG CEO

    Total calculated
    $507,147
    From this org
    $0
    From related orgs
    $467,759
    Other
    $39,388
    Hours/week
    0.5 + 39.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $395,828 related
    Bonus
    $0 + $63,035 related
    Other
    $0 + $8,896 related
    Deferred
    $0 + $10,415 related
    Nontaxable benefits
    $0 + $28,973 related
    Filer's total
    $0 + $507,147 related

  • Dave Brownell

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Susan Desjardins

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Rebecca Smith

    CLERK

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Mike Hickey

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Deborah Karmozyn

    RESIDENT TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Ralph Ragucci

    RESIDENT TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Walter Burgin

    RESIDENT TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Bill Stafford

    RESIDENT TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Mike Rowan

    AT LARGE TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Dan Chartrand

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Kirsten Corazzini

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Tom Donovan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Patrick Parisi

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • John Prochilo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Tim Riley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Susan Woods

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Jason Smith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Linda Brown

    RESIDENT TRUSTEE - LEFT OCT 2022

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Howie Ulfelder

    AT LARGE TRUSTEE - LEFT JUN 2023

    Total calculated
    $0
    Hours/week
    0.5 + 1.5 related

  • Steve McPherson

    TRUSTEE - LEFT JUN 2023

    Total calculated
    $0
    Hours/week
    0.5 + 3 related

  • April Bourdon

    EXECUTIVE DIRECTOR

    Total calculated
    $192,314
    From this org
    $165,084
    From related orgs
    $0
    Other
    $27,230
    Hours/week
    39.75 + 0.25 related

    Schedule J breakdown matched by us

    Base
    $139,245
    Bonus
    $25,839
    Other
    $0
    Deferred
    $5,170
    Nontaxable benefits
    $22,060
    Filer's total
    $192,314

  • Jennifer Sawyer Torgersen

    SENIOR LIVING CONSULTANT

    Total calculated
    $121,930
    From this org
    $118,417
    From related orgs
    $0
    Other
    $3,513
    Hours/week
    40

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 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
ALL RELATED PARTY COMPENSATION DISCLOSED ON SCHEDULE J, PART II IS COMPENSATION PAID BY THE RIVERWOODS GROUP (TRWG), A RELATED IRC SECTION 501(C)(3) SUPPORTING ORGANIZATION. TRWG USES THE FOLLOWING TO EVALUATE COMPENSATION: A COMPENSATION COMMITTEE, AN INDEPENDENT COMPENSATION CONSULTANT, FORM 990S OF OTHER LIKE ORGANIZATIONS, A COMPENSATION SURVEY/STUDY AND APPROVAL BY THE TRWG BOARD/COMPENSATION COMMITTEE. THE INDEPENDENT COMPENSATION CONSULTANT REVIEWS THE CEO COMPENSATION PACKAGE FOR REASONABLENESS UNDER THE INTERMEDIATE SANCTIONS RULE (IRS SECTION 4598).
PART I, LINE 7
ANY BONUS PAYMENT IS UP TO THE DISCRETION OF THE EMPLOYEE'S SENIOR LEADER. ANY BONUSES PAID TO SENIOR LEADERSHIP ARE ALSO SUBJECT TO REVIEW BY THE EXECUTIVE DIRECTOR AND/OR TRWG CEO. THE BONUS DETERMINATION IS BASED ON AN ANALYSIS OF THE EMPLOYEE'S PERFORMANCE DURING THE YEAR AND IS SUBJECT TO THE BUDGETARY CONSTRAINTS OF THE ORGANIZATION. THE BONUS PAID WAS INCLUDED IN 2022 W-2 COMPENSATION, AND AS SUCH IS REPORTED ON FORM 990, PART VII, COLUMN D AND SCHEDULE J, PART II, COLUMN B(II) AS FOLLOWS: JENNIFER SAWYER TORGERSEN, SENIOR LIVING CONSULTANT - $53,127 APRIL BOURDON, EXECUTIVE DIRECTOR - $25,839

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.

Provenance

Return type
form_990
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202313139349305866

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