Jewish Home Of Rochester Senior Housing Inc

JEWISH HOME OF ROCHESTER SENIOR HOUSING (THE SUMMIT), PROVIDES INDEPENDENT LIVING, ENRICHED HOUSING AND OTHER RELATED SERVICES TO RESIDENTS, AS WELL AS LONG-TERM CARE SERVICES IN CONJUNCTION WITH JEWISH HOME OF ROCHESTER. THE SUMMIT CONSISTS OF 90 INDEPENDENT LIVING UNITS AND 60 ENRICHED LIVING UNITS AT WOLK MANOR.

THE SUMMIT AT BRIGHTON IS THE FIRST AND ONLY LIFE CARE COMMUNITY IN THE GREATER ROCHESTER AREA, OFFERING FIRST-CLASS RETIREMENT LIVING IN A RELAXED, YET INVIGORATING ENVIRONMENT. OUR CAREFREE LIFESTYLE - WITH CONVENIENT SERVICES, THOUGHTFUL AMENITIES, AND PROGRAMS TO ENTERTAIN AND INSPIRE - PROVIDES THE OPPORTUNITY TO LIVE LIFE TO THE FULLEST, EITHER IN THE PRIVACY OF YOUR OWN SPACIOUS APARTMENT, OR IN THE COMPANY OF NEIGHBORS WHO QUICKLY BECOME FRIENDS. AT THE END OF THE 2021, SUMMIT HAD AN OCCUPANCY PERCENTAGE OF 97%.SEE SCHEDULE O FOR CONTINUATIONWITH THE SPREAD OF COVID-19 SLOWLY DECLINING RESIDENTS ARE BEGINING TO ENJOY THE FRESH AIR ON OUR WALKING TRAILS, PUTTING GREEN, GAZEBO AND PICNIC AREA, OR SIT IN THE SUN AND READ A BOOK OVERLOOKING THE PONDS, FOUNTAINS, GARDENS AND WOODED LANDSCAPE THAT IS SITUATED ON 25 PARK-LIKE ACRES. FOR INDOOR ENJOYMENT THERE ARE A VARIETY OF AREAS FOR SOCIAL DISTANCING SOCIALIZATION, RECREATION, ENTERTAINMENT AND SOLACE:TWO BEAUTIFULLY APPOINTED DINING ROOMS PRIVATE DINING ROOM FOR SPECIAL CELEBRATIONS CASUAL CAFE NON-KOSHER TERRACE GRILLCOCKTAIL LOUNGE LIBRARY AND COMMUNICATIONS CENTER FITNESS CENTER, INDOOR POOL AND HYDRO SPA LARGE MULTI-PURPOSE ROOM FOR EXERCISE CLASSES, YOGA, TAI CHI, MOVIES AND ENTERTAINMENT BILLIARD AND GAME ROOMS ARTS AND CRAFTS STUDIO COUNTRY STORE AND GIFT SHOP BEAUTY SALON/BARBER SHOP GUEST ROOMS FOR VISITING FAMILY AND FRIENDS COVERED AND SURFACE PARKINGIN MARCH 2020, THE GLOBAL COVID-19 PANDEMIC BEGAN TO SIGNIFICANTLY AFFECT THE COMPANY'S RESIDENTS, COMMUNITIES, EMPLOYEES AND BUSINESS OPERATIONS. OCCUPANCY AND THE RELATED REVENUE FOR MOST OF THE COMPANY'S SERVICES WERE MATERIALLY IMPACTED FROM MID-MARCH THROUGH DECEMBER 31,2021. VARIOUS POLICIES WERE IMPLEMENTED BY FEDERAL, STATE, AND LOCAL GOVERNMENTS IN RESPONSE TO THE COVID-19 PANDEMIC THAT CAUSED RESTRICTIONS ON NONESSENTIAL MEDICAL SERVICES, PHYSICAL DISTANCING AND SHELTER-IN-PLACE ORDERS. THESE POLICIES FORCED THE COMPANY TO TEMPORARILY PAUSE ADMISSIONS IN THE FALL OF 2020. THE COMPANY'S RESPONSE TO COVID-19 REQUIRED INCREASED SUPPLY OF PERSONAL PROTECTIVE EQUIPMENT (PPE) WHICH EXPERIENCED SIGNIFICANT PRICE INCREASES, ROUTINE EMPLOYEE TESTING, ENHANCED PAY RATES FOR EMPLOYEES AND COVID SICK PAY FOR IMPACTED EMPLOYEES. THESE CIRCUMSTANCES HAD A MATERIAL NEGATIVE IMPACT ON OPERATING RESULTS. IT SHOULD BE NOTED THAT OCCUPANCY AT THE SUMMIT REMAINED STRONG THROUGHOUT MOST OF 2020 BUT BEGAN TO DECLINE TOWARDS THE END OF THE YEAR WITH THE MOST SIGNIFICANT LOSS OF REVENUE BEING ATTRIBUTABLE TO LOWER OCCUPANCY IN THE LODGE AT WOLK MANOR. THROUGHOUT 2021, OCCUPANCY SLOWLY RAMPED BACK UP BUT FOR THE YEAR, WE WERE STILL BELOW HISTORICAL AVERAGE FOR WOLK MANOR. OPERATIONS RESULTED IN A LOSS FOR THE SECOND TIME IN SEVERAL YEARS DUE TO THE LOSS OF REVENUE AND PPE COSTS FOR SUMMIT AND WOLK MANOR. DURING 2021 WOLK MANOR RECEIVED COVID RELIEF FUNDING TO HELP WITH THE IMPACT ON OPERATIONS.