Lebanon Valley Brethren Home
- Assets
- $91.8m
- Revenue
- $27.2m
- Investments
- $0.0
- Employees
- 278
- Location
- Palmyra, PA
- Founding
- 02/1978
- Data as of
- 12/2023
- EIN
- 23-7404857
Organization Overview
Lebanon Valley Brethren Home, operating under the name Londonderry Village, is located in Palmyra, PA. The organization was established in 1978. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2023, Londonderry Village employed 278 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Londonderry Village is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Londonderry Village generated $27.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $27.5m during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTH CARE, AND RELATED SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING CARE- IN 2023, SKILLED NURSING CARE HAD AN AVERAGE CENSUS OF 66 BEDS OCCUPIED, WITH 34% OF THESE RESIDENTS RECEIVING SUBSIDIZED CARE. IN 2023 ALL FOUR OF OUR ORIGINAL GREEN HOUSES COMPLETED EXTENSIVE RENOVATIONS. TWO OF THESE HOUSES REMAINED UNOCCUPIED DUE TO LACK OF STAFF AVAILABILITY. WE ARE WORKING TO REBUILD OUR STAFFING NUMBERS TO THE PRE PANDEMIC LEVELS. WE HAD A FEW, SPORADIC COVID-19 CASES IN 2023. THE NURSING CENSUS CONTINUES TO BE INTENTIONALLY REDUCED, WITH THE GOAL TO MOVE 20 ELDERS INTO THE UNOCCUPIED GREEN HOUSES BY YEAR END 2024. LEBANON VALLEY BRETHREN HOME MAINTAINED ITS CMS 5 STAR RATING THROUGHOUT 2023 AND OUR ANNUAL DEPARTMENT OF HEALTH SURVEY RESULTED IN NO DEFICIENCIES. PERSONAL CARE- IN 2023, PERSONAL CARE HAD AN AVERAGE CENSUS OF 37 RESIDENTS WITH ONE RESIDENT RECEIVING BENEVOLENT ASSISTANCE TO CONTINUE RECEIVING SERVICES. THE PLANS FOR A 16-BED MEMORY SUPPORT UNIT WERE FINALIZED IN 2023 WITH CONSTRUCTION STARTING IN JANUARY 2024. THIS MEMORY CARE UNIT WILL BE LOCATED IN THE FORMER TRANQUIL TERRACE NURSING UNIT THAT HAS BEEN UNOCCUPIED FOR SEVERAL YEARS. PLANS CONTINUE FOR OUR CURRENT PERSONAL CARE UNIT AND A NURSING UNIT, LEFFLER CARE, TO UNDERGO FULL RENOVATIONS IN TWO FUTURE PHASES. CENSUS IN PERSONAL CARE HAS REMAINED STRONG THROUGHOUT 2023. THE DEPARTMENT OF HEALTH AND HUMAN SERVICES SURVEY RESULTED IN ONE MINOR DEFICIENCY. INDEPENDENT LIVING - AN AVERAGE 343 OF THE COMMUNITY'S 364 INDEPENDENT LIVING RESIDENCES WERE OCCUPIED THROUGHOUT 2023. BENEVOLENT ASSISTANCE WAS PROVIDED TO NINE DIFFERENT INDIVIDUALS OR CO-RESIDENTS TO ASSIST WITH THE MONTHLY MAINTENANCE FEE FOR THEIR RESIDENCE. THE DEMAND FOR OUR INDEPENDENT LIVING SERVICES REMAINS VERY STRONG. IN 2023 WE HAD OVER 100 NEW APPLICANTS FOR OUR WAIT LIST, AND WE SUCCESSFULLY COMPLETED NEARLY 50 "TURNAROUNDS" (I.E., UNITS THAT WERE VACATED, RENOVATED AND RE-OCCUPIED). THE CAMPUS CONTINUES TO OFFER JUST TWO BASIC CONTRACTS - A 25% REFUNDABLE ENTRANCE FEE AGREEMENT, AND A NO ENTRANCE FEE (I.E., RENTAL) CONTRACT. AFTER YEARS OF PRE-DEVELOPMENT EFFORTS, WE RECEIVED THE NECESSARY LAND DEVELOPMENT APPROVALS TO BEGIN CONSTRUCTION OF PHASE 1 OF OUR NEW FOX RUN INDEPENDENT LIVING EXPANSION. THE FOX RUN PROJECT WILL INCLUDE 3 PHASES OF DEVELOPMENT, AND SHOULD SPAN SEVERAL YEARS OF NEW CONSTRUCTION. PHASE 1 STARTED CONSTRUCTION IN 2023 BUT THE FIRST MOVE-INS ARE SCHEDULED IN 2024. WHEN FINALLY COMPLETED, FOX RUN IS ANTICIPATED TO ADD ABOUT 150 NEW INDEPENDENT LIVING RESIDENTS TO THE CURRENT I/L POPULATION, WHICH NOW STANDS AT ABOUT 480 RESIDENTS. IN 2023, THE VERY SUCCESSFUL ANNUAL YARD SALE, A LONGSTANDING FUNDRAISER TRADITION COMPLETELY STAGED BY OUR RESIDENTS, RAISED OVER $100,000 FOR THE BENEFIT OF THE COMMUNITY'S GOOD SAMARITAN FUND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Tilley Chair | OfficerTrustee | 2 | $0 |
Sandra Pintarch Vice Chair | OfficerTrustee | 2 | $0 |
Dr Dennis Gingrich Secretary | OfficerTrustee | 2 | $0 |
Roy Meyer Treasurer | OfficerTrustee | 2 | $0 |
Raymond Flagg Director | Trustee | 1 | $0 |
Robert Fortna Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Shope's Gardens Const Inc Construction Services | 12/30/23 | $1,980,594 |
Arthur Funk & Sons Construction Services | 12/30/23 | $2,973,064 |
Morrison Living Management Contract/dining Services | 12/30/23 | $1,219,567 |
Symbria Rehab Therapy Services | 12/30/23 | $743,254 |
Allweins Carpet One Flooring Supplier & Installation Svc | 12/30/23 | $387,379 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $54,432 |
| Related organizations | $0 |
| Government grants | $16,628 |
| All other contributions, gifts, grants, and similar amounts not included above | $548,015 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $619,075 |
| Total Program Service Revenue | $25,386,691 |
| Investment income | $791,682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$12,673 |
| Net Gain/Loss on Asset Sales | -$27,715 |
| Net Income from Fundraising Events | -$16,866 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,118 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,160,446 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $189,509 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $676,181 |
| Compensation of current officers, directors, key employees. | $502,264 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,670,914 |
| Pension plan accruals and contributions | $479,783 |
| Other employee benefits | $1,949,781 |
| Payroll taxes | $770,840 |
| Fees for services: Management | $25,479 |
| Fees for services: Legal | $23,380 |
| Fees for services: Accounting | $79,579 |
| Fees for services: Lobbying | $3,024 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $67,130 |
| Fees for services: Other | $2,181,754 |
| Advertising and promotion | $139,815 |
| Office expenses | $107,335 |
| Information technology | $332,603 |
| Royalties | $0 |
| Occupancy | $2,551,703 |
| Travel | $58,265 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,449 |
| Interest | $773,732 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,001,075 |
| Insurance | $285,299 |
| All other expenses | $827,155 |
| Total functional expenses | $27,501,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,698 |
| Savings and temporary cash investments | $7,640,127 |
| Pledges and grants receivable | $92,202 |
| Accounts receivable, net | $1,309,233 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,409,473 |
| Net Land, buildings, and equipment | $51,885,312 |
| Investments—publicly traded securities | $21,483,995 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,933,677 |
| Total assets | $91,755,717 |
| Accounts payable and accrued expenses | $3,029,282 |
| Grants payable | $0 |
| Deferred revenue | $26,509,201 |
| Tax-exempt bond liabilities | $23,245,103 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $18,814,396 |
| Total liabilities | $71,597,982 |
| Net assets without donor restrictions | $14,871,100 |
| Net assets with donor restrictions | $5,286,635 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $91,755,717 |