Civic Intelligence

Passavant Memorial Homes X Inc

990 • Fiscal year 2018 • EIN 26-4399316

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 21, 2018

100 Passavant WayPittsburgh, PA 15238

(412) 820-1010

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

48th percentile

0.03x

Higher debt load relative to assets than 48% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

84th percentile

0.45x

Higher debt load relative to revenue than 84% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

7th percentile

-42%

Higher net margin than 7% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

100th percentile

$897,790

Higher top officer pay than 100% of similar nonprofits.

Top officer pay equals 1610.0% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

41st percentile

-0.9%

Faster asset growth than 41% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

52nd percentile

5.1%

Faster revenue growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Down

$905,959

Down $7,853 (-0.9%) from 2017

Net Assets

Down

$880,767

Down $23,670 (-2.6%) from 2017

Liabilities

Up

$25,192

Up $15,817 (+169%) from 2017

Revenue

Up

$55,762

Up $2,715 (+5.1%) from 2017

Expenses

Up

$79,432

Up $9,795 (+14%) from 2017

Net Income

Down

-$23,670

Down $7,080 (-43%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2014: $989,743Liabilities 2014: $31,795Net Assets 2014: $957,9482014Assets 2015: $950,401Liabilities 2015: $11,434Net Assets 2015: $938,9672015Assets 2016: $929,940Liabilities 2016: $8,913Net Assets 2016: $921,0272016Assets 2017: $913,812Liabilities 2017: $9,375Net Assets 2017: $904,4372017Assets 2018: $905,959Liabilities 2018: $25,192Net Assets 2018: $880,7672018Assets 2019: $902,916Liabilities 2019: $30,358Net Assets 2019: $872,5582019Assets 2020: $867,136Liabilities 2020: $8,502Net Assets 2020: $858,6342020Assets 2021: $846,260Liabilities 2021: $9,350Net Assets 2021: $836,9102021Assets 2022: $818,095Liabilities 2022: $19,816Net Assets 2022: $798,2792022Assets 2023: $790,175Liabilities 2023: $24,713Net Assets 2023: $765,4622023Assets 2024: $761,644Liabilities 2024: $15,475Net Assets 2024: $746,1692024

Highlighted filing

2018

Assets$905,959
Liabilities$25,192
Net Assets$880,767

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2014: $57,132Expenses 2014: $63,844Net Income 2014: -$6,7122014Revenue 2015: $55,490Expenses 2015: $74,471Net Income 2015: -$18,9812015Revenue 2016: $53,211Expenses 2016: $71,151Net Income 2016: -$17,9402016Revenue 2017: $53,047Expenses 2017: $69,637Net Income 2017: -$16,5902017Revenue 2018: $55,762Expenses 2018: $79,432Net Income 2018: -$23,6702018Revenue 2019: $56,117Expenses 2019: $64,326Net Income 2019: -$8,2092019Revenue 2020: $57,125Expenses 2020: $71,049Net Income 2020: -$13,9242020Revenue 2021: $53,054Expenses 2021: $74,778Net Income 2021: -$21,7242021Revenue 2022: $54,682Expenses 2022: $93,313Net Income 2022: -$38,6312022Revenue 2023: $52,933Expenses 2023: $85,750Net Income 2023: -$32,8172023Revenue 2024: $57,143Expenses 2024: $76,436Net Income 2024: -$19,2932024

Highlighted filing

2018

Revenue$55,762
Expenses$79,432
Net Income-$23,670
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 21, 2018
Return Version
2017v2.3
Gross Receipts
$55,762
Mission and Program Overview

Mission

To develop and operate real estate to house mh/mr consumers.

The operation of properties consisting of rental units that house qualified individuals with intellectual disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$857,766$835,999▼ $21,767
Cash and Non-Interest-Bearing Accounts$25,712$17,518▼ $8,194
Accounts Receivable$2,484$639▼ $1,845
Prepaid Expenses and Deferred Charges$559$524▼ $35
Total Assets$913,812$905,959▼ $7,853
Other Assets Total$27,291$51,279▲ $23,988
Liabilities
Accounts Payable and Accrued Expenses$7,712$23,316▲ $15,604
Other Liabilities$1,663$1,876▲ $213
Total Liabilities$9,375$25,192▲ $15,817
Net Assets / Fund Balance
Unrestricted Net Assets$904,437$880,767▼ $23,670
Total Net Assets Fund Balance$904,437$880,767▼ $23,670
Total Liabilities and Net Assets / Fund Balance$913,812$905,959▼ $7,853

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$738,999$147,999$886,998
Land$97,000-$97,000
Other Assets Org$1,886--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jack WaddellChairman
Rick SenftCEO and President
Anita WalkerBoard Member
Robert DoughertyCFO & Co-treasurer
Zachary SenftChief of Staff and Co-treasurer
Carol GrantVP of Business Oper. & Co-treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$52,231
Investment Income
$5
Other Revenue
$3,526
Change in Net Assets
$-23,670

Audited Revenue Reconciliation

Revenue per Audited Statements
$55,762
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$55,762
Total Revenue per Form 990
$55,762
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$79,432
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$30,920--$30,920
Depreciation Depletion$24,292--$24,292
Fees for Services Other-$17,492-$17,492
Fees for Services Management-$3,939-$3,939
Other Expenses$205--$205
Total Functional Expenses$58,001$21,431$0$79,432

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$79,432
Total Expenses per Audited Statements$79,432
Total Expenses per Form 990$79,432
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits Held in Trust$1,876
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Rick senft and zachary senft have a family relationship.

Form 990, Part VI, Section A, Line 3

Management services are provided by passavant development corporation (a for-profit subsidiary). Principle services provided include administrative, financial, and human resources.

Form 990, Part VI, Section A, Line 6

Members are limited to individuals who are either members of passavant memorial homes or nonmembers who have the approval of the board of directors of passavant memorial homes.

Form 990, Part VI, Section A, Line 7A

The board of directors are elected by the members.

Form 990, Part VI, Section B, Line 11B

The passavant memorial homes 990 review and submission will follow the process outlined in the passavant memorial homes 990 policy. 1. The passavant memorial homes management team will complete a first draft of the 990. 2. The draft 990 will be submitted to passavant memorial homes' independent auditors for review and the passavant memorial homes management team will then make all recommended changes. 3. Once the draft 990 is approved by the independent auditors it will be submitted to passavant memorial homes' legal counsel for review and endorsement. Following review from legal counsel, the passavant memorial homes management team will then make all additional recommended revisions. 4. Passavant memorial homes' legal counsel will then present the final 990 draft to the full board of directors for approval prior to filing with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

The organization regularly and consistently monitored and enforced compliance with the conflict of interest and disclosure statement by having board members complete it annually. If an interested person has a conflict, he or she recuses themselves from voting.

Form 990, Part VI, Section B, Line 15

The compensation for the ceo and other key employees is paid by passavant development corporation. Passavant development corporation uses independent salary studies by an independent consultant, presentation to board, board deliberations, and board approval. Additionally, board of directors policy states that no employee is to receive a total compensation of more than the 75th percentile of the compensation analyst's recommended salary, benefits and supplemental executive retirement plan. All officers and key employees are employed by passavant development corporation. The total compensation for each employee listed is allocated across 16 subsidiaries and affiliates, in accordance with a comprehensive allocation plan approved by the independent auditors and adopted by the board of directors. The comprehensive allocation plan is reviewed annually.

Form 990, Part VI, Section C, Line 18

The organization makes its form 990 and form 1023 available to the public upon request.

Form 990, Part VI, Section C, Line 19

At this time, the organization does not make its governing documents, conflicts of interest policy and financial statements available to the general public.

Filing and Contact Details

Filer

Filer Name
Passavant Memorial Homes X Inc
EIN
26-4399316
Phone
4128201010
Address
100 PASSAVANT WAY, PITTSBURGH, PA 15238

Signing Officer

Name
Robert Dougherty
Title
CFO
Phone
4128201010
Signed
2018-11-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rick Senft
Formed
2009
Legal Domicile
Pa
Voting Board Members
6
Independent Board Members
2
Employees
0
Volunteers
3

Preparer

Firm
Arnett Carbis Toothman Llp
Address
5700 CORPORATE DRIVE STE 650, PITTSBURGH, PA 15237
Preparer
Jeffrey J Petrell CPA
Phone
4126356270
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

Passavant memorial homes x has an audit committee that is responsible for overseeing the audit of the financial statements and selection of an independent accountant. The process has not changed from prior year.

Articles From Annual Report

Ceo article - achieving quality and connecting with our community through the dedicated efforts of our staff and business partners, and with the guidance and support of our devoted boards of directors, passavant memorial homes family of services ("pmhfos") has been able to accomplish a number of groundbreaking achievements in 2017. As always, it is my pleasure and honor to be able to bring you this annual message as ceo and president, and report on just some of the creative ways that our organizations are able to work collaboratively to provide a holistic array of services to individuals with intellectual disabilities and behavioral health needs. Our enduring mission is to provide the highest quality of services to all of the individuals, families, and agencies that we are privileged to serve, and facilitate opportunities for each individual to live successfully within his/her community. Through the combined efforts of passavant memorial homes ("pmh"), passavant development corporation ("pdc"), life enrichment trust ("let"), and accessible dental services ("ads"), we have been able to advance this mission during the latest calendar year and are positioned for continued progress as we move into 2018. It was pmh that experienced the most significant growth during the course of the past year, with residential services commencing outside of the commonwealth of pennsylvania for the very first time. Three (3) community homes were opened within the state of delaware, with nine (9) individuals being served. This milestone was derived from the excellent relationship that has formed between delaware division of disability services ("ddds") leadership and pmh, and was made possible across a shortened transition timeline through an exceptional display of teamwork and organization. In less than two (2) months, pmh was able to purchase and outfit all of the residential properties, hire and train all employees, and most importantly get to know all of the needs and wants of the individuals who selected passavant as their new service provider. Yet further evidence of pmh's willingness and ability to assist state and county entities with transitioning care for individuals in need of services is pmh's selection as the provider to transition residential services from cornerstone community services, formerly part of bedford-somerset developmental and behavioral health services ("dbhs"). After a comprehensive request for proposal process, pmh was awarded the opportunity to serve 19 individuals across eight (8) residential group homes within the counties of bedford and somerset. Through an overabundance of communication, this transition occurred successfully with minimal disruption to the individuals receiving services. These two (2) expansion opportunities are representative of pmh's track record of success in providing residential services to individuals with intellectual disabilities, and speak to the commitment and skill of pmh's leadership team and direct service professionals, whom i am truly grateful for. Pdc's pharmacy operations have also experienced a year full of transitions and accomplishments such that pdc is now, more than ever before, primed to able to offer specialized pharmacy services that exceed the expectations of provider agencies serving individuals with intellectual disabilities. Pdc continues to develop efficiencies and find ways to more effectively tailor its offerings through customized prescription labelling, packaging, and dispensing methods, which enable their customers to comply with all specific medication administration requirements. In an effort to more specifically focus pdc's efforts towards meeting the pharmaceutical needs of individuals with intellectual disabilities, operations at the kansas city, mo, pharmacy location were curtailed. This decision is demonstrative of pdc's unwavering commitment to serving the intellectual disabilities community, and allows pdc to exclusively address the unique needs of agencies

Articles From Annual Report

Board chair article - serving others and promoting individuality 2017 represented another year for which i am extremely proud of the progress passavant memorial homes family of services ("pmhfos") was able to make towards providing innovative supports to individuals with intellectual disabilities and behavioral health needs. As board chair, i am honored to be able to represent an organization that shows such a commitment to serving others. The past year certainly brought with it a variety of changes and challenges, and it is safe to say that under rick senft's leadership, pmhfos has not only been able to respond to these challenges, but has been able to flourish. I am privileged to be able to share my thoughts through this annual message and am able to say with great confidence that pmhfos enters the new calendar year with a renewed focus upon promoting individuality and advancing the organizations' collective mission. In reflecting back upon the past year's accomplishments, there were a number of significant achievements that i could call attention to, as they all speak to how the services that are provided across pmhfos benefit the lives of thousands of vulnerable individuals and provide solutions to a wide array of county and government initiatives. However, to highlight one in particular, i would like to recognize that for the first time in this organization's 122-year history, the provision of residential services commenced to individuals residing outside the commonwealth of pennsylvania. Three (3) community living arrangements were opened to support nine (9) individuals transitioning from another provider agency within the state of delaware. This opportunity is one that not only represents passavant memorial homes' ("pmh") ability to provide quality services, but also how the structure and systems pmh utilizes are able to be successfully replicated across a variety of residential models and governing regulations. Pmhfos relishes opportunities such as this to enter into new territories and offer our holistic array of services to those in need. Be assured that as an organization, pmhfos does not take these opportunities lightly, and recognizes the significant amount of preparation and planning that is necessary to ensuring the quality of services provided are of the highest level. From that perspective, as board chair, i am truly grateful for all of the efforts that each and every pmhfos employee gives toward making these opportunities a reality. The teamwork and dedication our staff display in order to ensure that every individual we provide services to is accommodated and empowered to succeed is most remarkable to me. In addition to pmh, through the activities of passavant development corporation's pharmacy locations, the life enrichment trust's administration of trusts, and accessible dental services' operation of dental clinics, over 11,000 individuals with intellectual disabilities have received services across this calendar year. This, i believe, speaks to pmhfos's commitment to maximizing accessibility of services and to our ability to tailor service offerings to meet each individual's unique needs. Another aspect of pmhfos's collective mission that has taken significant steps forward over the past year is the facilitation of community inclusion and education. Although this has always been a foundational pillar that has governed how the services we provide are offered, it gives me great satisfaction to see that we are aligned with the commonwealth of pennsylvania's emphasis on community participation. Recognizing and encouraging every individual's ability to participate in and enjoy community activities is something that i have personally experienced through the passavant memorial homes foundation's annual golf outing, benefit bash, and jamie ellenberger scholarship. My colleagues and i who are privileged to serve on the various pmhfos boards of directors are greatly appreciative to all of the dedicated business par

Financial Statement Notes

PART X, LINE 2:

The organization is a not-for-profit corporation as described in section 501(c)(3) of the internal revenue code and is exempt from federal income taxes on its exempt income under section 501(a) of the internal revenue code. The organization follows the guidance for accounting for uncertainty in income taxes recognized in a corporation's financial statements that prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. The guidance also addresses derecognition, classification, interest and penalties, accounting in interim periods, and disclosure. Management has determined that this guidance had no material effect on the financial statements. The organization's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in general and administrative expenses. There were no interest or penalties recognized on the statements of operations and changes in net assets as a result of this guidance. Generally, tax returns for years ended june 30, 2015, and thereafter remain subject to examination by federal and state tax authorities.

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IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DEVELOP AND OPERATE REAL ESTATE TO HOUSE INDIVIDUALS WITH INTELLECTUAL DISABILITIES
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0OTHER ASSETS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1TENANT DEPOSITS HELD IN TRUST
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS EXEMPT INCOME UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS THE GUIDANCE FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A CORPORATION'S FINANCIAL STATEMENTS THAT PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD HAS BEEN MET. THE GUIDANCE ALSO ADDRESSES DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, AND DISCLOSURE. MANAGEMENT HAS DETERMINED THAT THIS GUIDANCE HAD NO MATERIAL EFFECT ON THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN GENERAL AND ADMINISTRATIVE EXPENSES. THERE WERE NO INTEREST OR PENALTIES RECOGNIZED ON THE STATEMENTS OF OPERATIONS AND CHANGES IN NET ASSETS AS A RESULT OF THIS GUIDANCE. GENERALLY, TAX RETURNS FOR YEARS ENDED JUNE 30, 2015, AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT DOUGHERTY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1CAROL GRANT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2RICK SENFT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm3ZACHARY SENFT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO & CO-TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP OF BUSINESS OPER. & CO-TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2CEO AND PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt3CHIEF OF STAFF AND CO-TREASURER
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IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE CEO, COO AND CFO, AS WELL AS ALL OFFICERS AND KEY EMPLOYEES, ARE EMPLOYED BY PASSAVANT DEVELOPMENT CORPORATION. THE TOTAL COMPENSATION FOR EACH OF THESE EMPLOYEES IS ALLOCATED ACROSS 16 SUBSIDIARIES AND AFFILIATES, IN ACCORDANCE WITH A COMPREHENSIVE ALLOCATION PLAN APPROVED BY THE INDEPENDENT AUDITORS AND ADOPTED BY THE BOARD OF DIRECTORS. THE COMPREHENSIVE ALLOCATION PLAN IS REVIEWED ANNUALLY. IN ADDITION, THE FOLLOWING METHODS ARE USED TO ESTABLISH THE COMPENSATION OF THE CEO, COO, CFO AND THE OFFICERS AND KEY EMPLOYEES TO ENSURE THAT THE COMPANY IS IN ACCORDANCE WITH THE IRS GUIDELINES: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OF STUDY - APPROVAL BY THE EXECUTIVE COMMITTEE AND THE FULL BOARD OF DIRECTORS
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1PASSAVANT DEVELOPMENT CORPORATION, A RELATED FOR-PROFIT CORPORATION, CONTRIBUTED TO A SERP PLAN FOR THE FOLLOWING INDIVIDUALS IN ACCORDANCE WITH COMPENSATION STUDIES AND APPROVED BY THE BOARD OF DIRECTORS: ROBERT DOUGHERTY - $4,680 CAROL GRANT - $4,680 RICK SENFT - $133,283 THE STANDARD ANNUAL SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN CONTRIBUTION WAS DEPOSITED IN JANUARY 2017. THIS ACCOUNTS FOR ALL SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN COMPENSATION. THE SERP DEFERRALS AND WITHDRAWS ARE MANDATED BY EMPLOYMENT CONTRACTS.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt2BONUSES ARE BASED ON INDIVIDUAL PERFORMANCE TARGETS AND THE OPERATIONS OF PASSAVANT DEVELOPMENT CORPORATION. THE BONUSES ARE APPROVED BY THE FULL BOARD OF DIRECTORS.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4B
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc2PART I, LINE 6
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RICK SENFT AND ZACHARY SENFT HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MANAGEMENT SERVICES ARE PROVIDED BY PASSAVANT DEVELOPMENT CORPORATION (A FOR-PROFIT SUBSIDIARY). PRINCIPLE SERVICES PROVIDED INCLUDE ADMINISTRATIVE, FINANCIAL, AND HUMAN RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS ARE LIMITED TO INDIVIDUALS WHO ARE EITHER MEMBERS OF PASSAVANT MEMORIAL HOMES OR NONMEMBERS WHO HAVE THE APPROVAL OF THE BOARD OF DIRECTORS OF PASSAVANT MEMORIAL HOMES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE BOARD OF DIRECTORS ARE ELECTED BY THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PASSAVANT MEMORIAL HOMES 990 REVIEW AND SUBMISSION WILL FOLLOW THE PROCESS OUTLINED IN THE PASSAVANT MEMORIAL HOMES 990 POLICY. 1. THE PASSAVANT MEMORIAL HOMES MANAGEMENT TEAM WILL COMPLETE A FIRST DRAFT OF THE 990. 2. THE DRAFT 990 WILL BE SUBMITTED TO PASSAVANT MEMORIAL HOMES' INDEPENDENT AUDITORS FOR REVIEW AND THE PASSAVANT MEMORIAL HOMES MANAGEMENT TEAM WILL THEN MAKE ALL RECOMMENDED CHANGES. 3. ONCE THE DRAFT 990 IS APPROVED BY THE INDEPENDENT AUDITORS IT WILL BE SUBMITTED TO PASSAVANT MEMORIAL HOMES' LEGAL COUNSEL FOR REVIEW AND ENDORSEMENT. FOLLOWING REVIEW FROM LEGAL COUNSEL, THE PASSAVANT MEMORIAL HOMES MANAGEMENT TEAM WILL THEN MAKE ALL ADDITIONAL RECOMMENDED REVISIONS. 4. PASSAVANT MEMORIAL HOMES' LEGAL COUNSEL WILL THEN PRESENT THE FINAL 990 DRAFT TO THE FULL BOARD OF DIRECTORS FOR APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORED AND ENFORCED COMPLIANCE WITH THE CONFLICT OF INTEREST AND DISCLOSURE STATEMENT BY HAVING BOARD MEMBERS COMPLETE IT ANNUALLY. IF AN INTERESTED PERSON HAS A CONFLICT, HE OR SHE RECUSES THEMSELVES FROM VOTING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COMPENSATION FOR THE CEO AND OTHER KEY EMPLOYEES IS PAID BY PASSAVANT DEVELOPMENT CORPORATION. PASSAVANT DEVELOPMENT CORPORATION USES INDEPENDENT SALARY STUDIES BY AN INDEPENDENT CONSULTANT, PRESENTATION TO BOARD, BOARD DELIBERATIONS, AND BOARD APPROVAL. ADDITIONALLY, BOARD OF DIRECTORS POLICY STATES THAT NO EMPLOYEE IS TO RECEIVE A TOTAL COMPENSATION OF MORE THAN THE 75TH PERCENTILE OF THE COMPENSATION ANALYST'S RECOMMENDED SALARY, BENEFITS AND SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. ALL OFFICERS AND KEY EMPLOYEES ARE EMPLOYED BY PASSAVANT DEVELOPMENT CORPORATION. THE TOTAL COMPENSATION FOR EACH EMPLOYEE LISTED IS ALLOCATED ACROSS 16 SUBSIDIARIES AND AFFILIATES, IN ACCORDANCE WITH A COMPREHENSIVE ALLOCATION PLAN APPROVED BY THE INDEPENDENT AUDITORS AND ADOPTED BY THE BOARD OF DIRECTORS. THE COMPREHENSIVE ALLOCATION PLAN IS REVIEWED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION MAKES ITS FORM 990 AND FORM 1023 AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8AT THIS TIME, THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PASSAVANT MEMORIAL HOMES X HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CEO ARTICLE - ACHIEVING QUALITY AND CONNECTING WITH OUR COMMUNITY THROUGH THE DEDICATED EFFORTS OF OUR STAFF AND BUSINESS PARTNERS, AND WITH THE GUIDANCE AND SUPPORT OF OUR DEVOTED BOARDS OF DIRECTORS, PASSAVANT MEMORIAL HOMES FAMILY OF SERVICES ("PMHFOS") HAS BEEN ABLE TO ACCOMPLISH A NUMBER OF GROUNDBREAKING ACHIEVEMENTS IN 2017. AS ALWAYS, IT IS MY PLEASURE AND HONOR TO BE ABLE TO BRING YOU THIS ANNUAL MESSAGE AS CEO AND PRESIDENT, AND REPORT ON JUST SOME OF THE CREATIVE WAYS THAT OUR ORGANIZATIONS ARE ABLE TO WORK COLLABORATIVELY TO PROVIDE A HOLISTIC ARRAY OF SERVICES TO INDIVIDUALS WITH INTELLECTUAL DISABILITIES AND BEHAVIORAL HEALTH NEEDS. OUR ENDURING MISSION IS TO PROVIDE THE HIGHEST QUALITY OF SERVICES TO ALL OF THE INDIVIDUALS, FAMILIES, AND AGENCIES THAT WE ARE PRIVILEGED TO SERVE, AND FACILITATE OPPORTUNITIES FOR EACH INDIVIDUAL TO LIVE SUCCESSFULLY WITHIN HIS/HER COMMUNITY. THROUGH THE COMBINED EFFORTS OF PASSAVANT MEMORIAL HOMES ("PMH"), PASSAVANT DEVELOPMENT CORPORATION ("PDC"), LIFE ENRICHMENT TRUST ("LET"), AND ACCESSIBLE DENTAL SERVICES ("ADS"), WE HAVE BEEN ABLE TO ADVANCE THIS MISSION DURING THE LATEST CALENDAR YEAR AND ARE POSITIONED FOR CONTINUED PROGRESS AS WE MOVE INTO 2018. IT WAS PMH THAT EXPERIENCED THE MOST SIGNIFICANT GROWTH DURING THE COURSE OF THE PAST YEAR, WITH RESIDENTIAL SERVICES COMMENCING OUTSIDE OF THE COMMONWEALTH OF PENNSYLVANIA FOR THE VERY FIRST TIME. THREE (3) COMMUNITY HOMES WERE OPENED WITHIN THE STATE OF DELAWARE, WITH NINE (9) INDIVIDUALS BEING SERVED. THIS MILESTONE WAS DERIVED FROM THE EXCELLENT RELATIONSHIP THAT HAS FORMED BETWEEN DELAWARE DIVISION OF DISABILITY SERVICES ("DDDS") LEADERSHIP AND PMH, AND WAS MADE POSSIBLE ACROSS A SHORTENED TRANSITION TIMELINE THROUGH AN EXCEPTIONAL DISPLAY OF TEAMWORK AND ORGANIZATION. IN LESS THAN TWO (2) MONTHS, PMH WAS ABLE TO PURCHASE AND OUTFIT ALL OF THE RESIDENTIAL PROPERTIES, HIRE AND TRAIN ALL EMPLOYEES, AND MOST IMPORTANTLY GET TO KNOW ALL OF THE NEEDS AND WANTS OF THE INDIVIDUALS WHO SELECTED PASSAVANT AS THEIR NEW SERVICE PROVIDER. YET FURTHER EVIDENCE OF PMH'S WILLINGNESS AND ABILITY TO ASSIST STATE AND COUNTY ENTITIES WITH TRANSITIONING CARE FOR INDIVIDUALS IN NEED OF SERVICES IS PMH'S SELECTION AS THE PROVIDER TO TRANSITION RESIDENTIAL SERVICES FROM CORNERSTONE COMMUNITY SERVICES, FORMERLY PART OF BEDFORD-SOMERSET DEVELOPMENTAL AND BEHAVIORAL HEALTH SERVICES ("DBHS"). AFTER A COMPREHENSIVE REQUEST FOR PROPOSAL PROCESS, PMH WAS AWARDED THE OPPORTUNITY TO SERVE 19 INDIVIDUALS ACROSS EIGHT (8) RESIDENTIAL GROUP HOMES WITHIN THE COUNTIES OF BEDFORD AND SOMERSET. THROUGH AN OVERABUNDANCE OF COMMUNICATION, THIS TRANSITION OCCURRED SUCCESSFULLY WITH MINIMAL DISRUPTION TO THE INDIVIDUALS RECEIVING SERVICES. THESE TWO (2) EXPANSION OPPORTUNITIES ARE REPRESENTATIVE OF PMH'S TRACK RECORD OF SUCCESS IN PROVIDING RESIDENTIAL SERVICES TO INDIVIDUALS WITH INTELLECTUAL DISABILITIES, AND SPEAK TO THE COMMITMENT AND SKILL OF PMH'S LEADERSHIP TEAM AND DIRECT SERVICE PROFESSIONALS, WHOM I AM TRULY GRATEFUL FOR. PDC'S PHARMACY OPERATIONS HAVE ALSO EXPERIENCED A YEAR FULL OF TRANSITIONS AND ACCOMPLISHMENTS SUCH THAT PDC IS NOW, MORE THAN EVER BEFORE, PRIMED TO ABLE TO OFFER SPECIALIZED PHARMACY SERVICES THAT EXCEED THE EXPECTATIONS OF PROVIDER AGENCIES SERVING INDIVIDUALS WITH INTELLECTUAL DISABILITIES. PDC CONTINUES TO DEVELOP EFFICIENCIES AND FIND WAYS TO MORE EFFECTIVELY TAILOR ITS OFFERINGS THROUGH CUSTOMIZED PRESCRIPTION LABELLING, PACKAGING, AND DISPENSING METHODS, WHICH ENABLE THEIR CUSTOMERS TO COMPLY WITH ALL SPECIFIC MEDICATION ADMINISTRATION REQUIREMENTS. IN AN EFFORT TO MORE SPECIFICALLY FOCUS PDC'S EFFORTS TOWARDS MEETING THE PHARMACEUTICAL NEEDS OF INDIVIDUALS WITH INTELLECTUAL DISABILITIES, OPERATIONS AT THE KANSAS CITY, MO, PHARMACY LOCATION WERE CURTAILED. THIS DECISION IS DEMONSTRATIVE OF PDC'S UNWAVERING COMMITMENT TO SERVING THE INTELLECTUAL DISABILITIES COMMUNITY, AND ALLOWS PDC TO EXCLUSIVELY ADDRESS THE UNIQUE NEEDS OF AGENCIES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BOARD CHAIR ARTICLE - SERVING OTHERS AND PROMOTING INDIVIDUALITY 2017 REPRESENTED ANOTHER YEAR FOR WHICH I AM EXTREMELY PROUD OF THE PROGRESS PASSAVANT MEMORIAL HOMES FAMILY OF SERVICES ("PMHFOS") WAS ABLE TO MAKE TOWARDS PROVIDING INNOVATIVE SUPPORTS TO INDIVIDUALS WITH INTELLECTUAL DISABILITIES AND BEHAVIORAL HEALTH NEEDS. AS BOARD CHAIR, I AM HONORED TO BE ABLE TO REPRESENT AN ORGANIZATION THAT SHOWS SUCH A COMMITMENT TO SERVING OTHERS. THE PAST YEAR CERTAINLY BROUGHT WITH IT A VARIETY OF CHANGES AND CHALLENGES, AND IT IS SAFE TO SAY THAT UNDER RICK SENFT'S LEADERSHIP, PMHFOS HAS NOT ONLY BEEN ABLE TO RESPOND TO THESE CHALLENGES, BUT HAS BEEN ABLE TO FLOURISH. I AM PRIVILEGED TO BE ABLE TO SHARE MY THOUGHTS THROUGH THIS ANNUAL MESSAGE AND AM ABLE TO SAY WITH GREAT CONFIDENCE THAT PMHFOS ENTERS THE NEW CALENDAR YEAR WITH A RENEWED FOCUS UPON PROMOTING INDIVIDUALITY AND ADVANCING THE ORGANIZATIONS' COLLECTIVE MISSION. IN REFLECTING BACK UPON THE PAST YEAR'S ACCOMPLISHMENTS, THERE WERE A NUMBER OF SIGNIFICANT ACHIEVEMENTS THAT I COULD CALL ATTENTION TO, AS THEY ALL SPEAK TO HOW THE SERVICES THAT ARE PROVIDED ACROSS PMHFOS BENEFIT THE LIVES OF THOUSANDS OF VULNERABLE INDIVIDUALS AND PROVIDE SOLUTIONS TO A WIDE ARRAY OF COUNTY AND GOVERNMENT INITIATIVES. HOWEVER, TO HIGHLIGHT ONE IN PARTICULAR, I WOULD LIKE TO RECOGNIZE THAT FOR THE FIRST TIME IN THIS ORGANIZATION'S 122-YEAR HISTORY, THE PROVISION OF RESIDENTIAL SERVICES COMMENCED TO INDIVIDUALS RESIDING OUTSIDE THE COMMONWEALTH OF PENNSYLVANIA. THREE (3) COMMUNITY LIVING ARRANGEMENTS WERE OPENED TO SUPPORT NINE (9) INDIVIDUALS TRANSITIONING FROM ANOTHER PROVIDER AGENCY WITHIN THE STATE OF DELAWARE. THIS OPPORTUNITY IS ONE THAT NOT ONLY REPRESENTS PASSAVANT MEMORIAL HOMES' ("PMH") ABILITY TO PROVIDE QUALITY SERVICES, BUT ALSO HOW THE STRUCTURE AND SYSTEMS PMH UTILIZES ARE ABLE TO BE SUCCESSFULLY REPLICATED ACROSS A VARIETY OF RESIDENTIAL MODELS AND GOVERNING REGULATIONS. PMHFOS RELISHES OPPORTUNITIES SUCH AS THIS TO ENTER INTO NEW TERRITORIES AND OFFER OUR HOLISTIC ARRAY OF SERVICES TO THOSE IN NEED. BE ASSURED THAT AS AN ORGANIZATION, PMHFOS DOES NOT TAKE THESE OPPORTUNITIES LIGHTLY, AND RECOGNIZES THE SIGNIFICANT AMOUNT OF PREPARATION AND PLANNING THAT IS NECESSARY TO ENSURING THE QUALITY OF SERVICES PROVIDED ARE OF THE HIGHEST LEVEL. FROM THAT PERSPECTIVE, AS BOARD CHAIR, I AM TRULY GRATEFUL FOR ALL OF THE EFFORTS THAT EACH AND EVERY PMHFOS EMPLOYEE GIVES TOWARD MAKING THESE OPPORTUNITIES A REALITY. THE TEAMWORK AND DEDICATION OUR STAFF DISPLAY IN ORDER TO ENSURE THAT EVERY INDIVIDUAL WE PROVIDE SERVICES TO IS ACCOMMODATED AND EMPOWERED TO SUCCEED IS MOST REMARKABLE TO ME. IN ADDITION TO PMH, THROUGH THE ACTIVITIES OF PASSAVANT DEVELOPMENT CORPORATION'S PHARMACY LOCATIONS, THE LIFE ENRICHMENT TRUST'S ADMINISTRATION OF TRUSTS, AND ACCESSIBLE DENTAL SERVICES' OPERATION OF DENTAL CLINICS, OVER 11,000 INDIVIDUALS WITH INTELLECTUAL DISABILITIES HAVE RECEIVED SERVICES ACROSS THIS CALENDAR YEAR. THIS, I BELIEVE, SPEAKS TO PMHFOS'S COMMITMENT TO MAXIMIZING ACCESSIBILITY OF SERVICES AND TO OUR ABILITY TO TAILOR SERVICE OFFERINGS TO MEET EACH INDIVIDUAL'S UNIQUE NEEDS. ANOTHER ASPECT OF PMHFOS'S COLLECTIVE MISSION THAT HAS TAKEN SIGNIFICANT STEPS FORWARD OVER THE PAST YEAR IS THE FACILITATION OF COMMUNITY INCLUSION AND EDUCATION. ALTHOUGH THIS HAS ALWAYS BEEN A FOUNDATIONAL PILLAR THAT HAS GOVERNED HOW THE SERVICES WE PROVIDE ARE OFFERED, IT GIVES ME GREAT SATISFACTION TO SEE THAT WE ARE ALIGNED WITH THE COMMONWEALTH OF PENNSYLVANIA'S EMPHASIS ON COMMUNITY PARTICIPATION. RECOGNIZING AND ENCOURAGING EVERY INDIVIDUAL'S ABILITY TO PARTICIPATE IN AND ENJOY COMMUNITY ACTIVITIES IS SOMETHING THAT I HAVE PERSONALLY EXPERIENCED THROUGH THE PASSAVANT MEMORIAL HOMES FOUNDATION'S ANNUAL GOLF OUTING, BENEFIT BASH, AND JAMIE ELLENBERGER SCHOLARSHIP. MY COLLEAGUES AND I WHO ARE PRIVILEGED TO SERVE ON THE VARIOUS PMHFOS BOARDS OF DIRECTORS ARE GREATLY APPRECIATIVE TO ALL OF THE DEDICATED BUSINESS PAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PART XII, LINE 2C:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10ARTICLES FROM ANNUAL REPORT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11ARTICLES FROM ANNUAL REPORT
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