2024-03-26T04:45:44-05:00 2023-06-30 390859910 BAKER TILLY US LLP 20 STANWIX STREET PITTSBURGH PA 15222 990 2022-07-01 208205630 PASSAVANT MEMORIAL HOMES VII PASS 4128201010 100 PASSAVANT WAY PITTSBURGH PA 15238 DONNA BAZZONE CFO 4128201010 2024-03-22 1 DONNA BAZZONE 999009999 1 JEFFREY J PETRELL P00138808 4126976400 2024-03-22 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICK D SENFT 100 PASSAVANT WAY PITTSBURGH PA 15238 75850 0 X WWW.PMHFOS.ORG X 2007 PA IT IS THE MISSION OF PASSAVANT MEMORIAL HOMES VII TO DEVELOP AND OPERATE REAL ESTATE PROPERTIES FOR HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES, AUTISM, AND BEHAVIORAL HEALTH NEEDS. 6 1 0 1 0 0 0 0 76922 75828 5 22 0 0 76927 75850 0 0 0 0 2394 1674 0 0 0 100983 73816 103377 75490 -26450 360 652924 646417 12747 5880 640177 640537 IT IS THE MISSION OF PASSAVANT MEMORIAL HOMES VII TO DEVELOP AND OPERATE REAL ESTATE PROPERTIES FOR HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES, AUTISM, AND BEHAVIORAL HEALTH NEEDS. 0 0 61067 75828 THE OPERATION OF PROPERTIES CONSISTING OF HOUSING RENTAL UNITS FOR QUALIFIED INDIVIDUALS WITH INTELLECTUAL DISABILITIES, AUTISM, AND BEHAVIORAL HEALTH NEEDS. FOR MORE INFORMATION, PLEASE VISIT WWW.PMHFOS.ORG. 61067 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 1 1 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X DONNA BAZZONE 4128201010 100 PASSAVANT WAY PITTSBURGH PA 15238 LAWRENCE KUSHIK BOARD CHAIR 1.00 X X 0 0 0 DONNA BAZZONE CFO 1.00 40.00 X X 0 315163 22484 LEWIS MINETT COS, SECRETARY & TREASURER 1.00 40.00 X X 0 420368 37990 RICK D SENFT CEO & PRESIDENT 1.00 40.00 X X 0 1063916 34684 ZACHARY SENFT COO & VICE PRESIDENT 1.00 40.00 X X 0 588230 37990 WILLIAM SHERBONDY EXECUTIVE DIRECTOR 1.00 40.00 X 0 242341 33954 0 2630018 167102 0 0 1 0 0 RENTAL INCOME 531110 75828 75828 75828 22 22 75850 75828 0 22 X 1358 1358 154 154 162 162 4128 4128 10295 10295 38707 38707 20686 20686 75490 61067 14423 0 26962 20366 920 397 832746 277783 575649 554963 49393 70691 652924 646417 10137 3723 2610 2157 12747 5880 X 640177 640537 640177 640537 652924 646417 360 0 X X 0 1 X 1 1 1 X 70537 76763 76896 76922 75828 376946 70537 76763 76896 76922 75828 376946 0 0 0 376946 1 2 3 5 22 33 1 2 3 5 22 33 70538 76765 76899 76927 75850 376979 0.99990 1.00000 0.00010 X 73500 73500 741883 262660 479223 6941 6553 388 10422 8570 1852 554963 TENANT DEPOSITS HELD IN TRUST 2157 OTHER ASSETS 68534 70691 TENANT DEPOSITS HELD IN TRUST 2157 2157 X 75850 0 75850 0 75850 75490 0 75490 0 75490 PART X, LINE 2: PMH, PMHF, LET, LET-NJ, ADS, AND THE HOUSING INITIATIVE CORPORATIONS ARE NOT-FOR-PROFIT CORPORATIONS AS DESCRIBED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND ARE RECOGNIZED AS TAX EXEMPT UNDER 501(A) OF THE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED. PDC IS A FOR-PROFIT CORPORATION AND IS SUBJECT TO FEDERAL AND STATE INCOME TAXES. PDC PROVIDES FOR INCOME TAXES IN ACCORDANCE WITH THE ASSET AND LIABILITY METHOD. UNDER THIS METHOD, DEFERRED TAXES ARE DETERMINED BASED ON THE DIFFERENCE BETWEEN THE FINANCIAL STATEMENT AND THE TAX BASIS OF ASSETS AND LIABILITIES USING ENACTED TAX RATES IN EFFECT IN THE YEARS IN WHICH THE DIFFERENCES ARE EXPECTED TO REVERSE. DEFERRED TAX ASSETS ARE PROVIDED FOR OPERATING LOSSES THAT ARE AVAILABLE TO OFFSET FUTURE TAXABLE INCOME AND TAX CREDITS THAT ARE AVAILABLE TO OFFSET FUTURE FEDERAL INCOME TAXES. A VALUATION ALLOWANCE IS ESTABLISHED FOR ANY DEFERRED TAX ASSET FOR WHICH REALIZATION IS NOT CONSIDERED LIKELY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE THE ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY OR ASSET IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICES (IRS). THE ORGANIZATION HAS CONCLUDED THAT AS OF JUNE 30, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR ASSET OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. GENERALLY, TAX RETURNS FOR YEARS ENDED JUNE 30, 2020, AND THEREAFTER REMAIN SUBJECT TO EXAMINATION BY FEDERAL AND STATE TAX AUTHORITIES. 0 1 0 0 0 0 0 0 0 RICK D SENFT CEO & PRESIDENT 0 747603 0 162145 0 154168 0 12200 0 22484 0 1098600 0 0 ZACHARY SENFT COO & VICE PRESIDENT 0 441344 0 84543 0 62343 0 12200 0 25790 0 626220 0 0 LEWIS MINETT COS, SECRETARY & TREASURER 0 335750 0 46459 0 38159 0 12200 0 25790 0 458358 0 0 DONNA BAZZONE CFO 0 268748 0 39815 0 6600 0 0 0 22484 0 337647 0 0 WILLIAM SHERBONDY EXECUTIVE DIRECTOR 0 206549 0 32164 0 3628 0 8164 0 25790 0 276295 0 0 PART I, LINE 3 THE CEO, COO, COS, AND CFO, AS WELL AS ALL OFFICERS WHO ARE EMPLOYEES AND KEY EMPLOYEES, ARE EMPLOYED BY PASSAVANT DEVELOPMENT CORPORATION. THE TOTAL COMPENSATION FOR EACH OF THESE EMPLOYEES IS ALLOCATED ACROSS PASSAVANT MEMORIAL HOMES AND ITS SUBSIDIARIES AND AFFILIATES, IN ACCORDANCE WITH A COMPREHENSIVE ALLOCATION PLAN, WHICH IS APPROVED BY THE INDEPENDENT AUDITORS AND ADOPTED BY THE BOARD OF DIRECTORS. THE COMPREHENSIVE ALLOCATION PLAN IS REVIEWED ANNUALLY. IN ADDITION, THE FOLLOWING ARE USED TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO, COO, COS, AND CFO, AS WELL AS ALL OFFICERS WHO ARE EMPLOYEES AND KEY EMPLOYEES ENSURING THAT THE ORGANIZATION IS IN ACCORDANCE WITH THE IRS GUIDELINES: COMPENSATION COMMITTEE (CALLED EXECUTIVE COMMITTEE), INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE EXECUTIVE COMMITTEE FOR RECOMMENDATION TO THE BOARD OF DIRECTORS FOR APPROVAL. PART I, LINE 4B PASSAVANT DEVELOPMENT CORPORATION, A RELATED FOR-PROFIT CORPORATION, CONTRIBUTED TO A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN FOR THE FOLLOWING INDIVIDUALS IN ACCORDANCE WITH COMPENSATION STUDIES AND APPROVED BY THE BOARD OF DIRECTORS: DONNA BAZZONE - $25,000 LEWIS MINETT - $33,674 RICK D. SENFT - $149,226 ZACHARY SENFT - $66,500 WILLIAM SHERBONDY - $4,170 THE FOLLOWING INDIVIDUALS RECEIVED DISTRIBUTIONS FROM A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN, IN ACCORDANCE WITH EMPLOYMENT CONTRACTS AND COMPENSATION STUDIES AND APPROVED BY THE BOARD OF DIRECTORS, COMPRISED OF CONTRIBUTIONS FROM PREVIOUS YEARS, WHICH ARE REFLECTED UNDER EACH INDIVIDUAL'S RESPECTIVE LINES WITHIN PART VII, SECTION A, COLUMN E: LEWIS MINETT - $29,159 RICK D. SENFT - $142,168 ZACHARY SENFT - $62,343 WILLIAM SHERBONDY - $3,628 FORM 990, PART VI, SECTION A, LINE 2 RICK D. 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 VII FORM 990 REVIEW AND SUBMISSION FOLLOWS THE FOLLOWING PROCESS: 1. THE PASSAVANT MEMORIAL HOMES MANAGEMENT TEAM COMPLETES A FIRST DRAFT OF THE FORM 990. 2. THE DRAFT FORM 990 IS SUBMITTED TO PASSAVANT MEMORIAL HOMES' INDEPENDENT AUDITORS FOR REVIEW AND THE PASSAVANT MEMORIAL HOMES MANAGEMENT TEAM MAKES CHANGES TO THE FORM 990 THAT WERE IDENTIFIED BY THE INDEPENDENT AUDITORS, AS APPLICABLE. 3. ONCE THE DRAFT 990 IS APPROVED BY THE INDEPENDENT AUDITORS, IT IS SUBMITTED TO PASSAVANT MEMORIAL HOMES' LEGAL COUNSEL FOR REVIEW AND ENDORSEMENT. FOLLOWING REVIEW FROM LEGAL COUNSEL, THE PASSAVANT MEMORIAL HOMES MANAGEMENT TEAM MAKES ADDITIONAL CHANGES TO THE FORM 990 PER LEGAL COUNSEL'S RECOMMENDED REVISIONS, AS APPLICABLE. 4. PASSAVANT MEMORIAL HOMES' LEGAL COUNSEL PRESENTS THE FINAL DRAFT OF THE FORM 990 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 MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST AND DISCLOSURE STATEMENT. BOARD MEMBERS COMPLETE CONFLICT OF INTEREST AND DISCLOSURES STATEMENTS ANNUALLY. IF AN INTERESTED PERSON HAS A CONFLICT, HE OR SHE IS RECUSED FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO, COO, COS, AND CFO, AS WELL AS ALL OFFICERS WHO ARE EMPLOYEES AND KEY EMPLOYEES, ARE EMPLOYED AND PAID BY PASSAVANT DEVELOPMENT CORPORATION. THE TOTAL COMPENSATION FOR EACH OF THESE EMPLOYEES IS ALLOCATED ACROSS PASSAVANT MEMORIAL HOMES AND ITS SUBSIDIARIES AND AFFILIATES, IN ACCORDANCE WITH A COMPREHENSIVE ALLOCATION PLAN, WHICH IS APPROVED BY THE INDEPENDENT AUDITORS AND ADOPTED BY THE BOARD OF DIRECTORS. THE COMPREHENSIVE ALLOCATION PLAN IS REVIEWED ANNUALLY. IN ADDITION, THE FOLLOWING ARE USED TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO, COO, COS, AND CFO, AS WELL AS ALL OFFICERS WHO ARE EMPLOYEES AND KEY EMPLOYEES, ENSURING THAT THE ORGANIZATION IS IN ACCORDANCE WITH THE IRS GUIDELINES: THE COMPENSATION COMMITTEE (CALLED EXECUTIVE COMMITTEE), INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE EXECUTIVE COMMITTEE FOR RECOMMENDATION TO THE BOARD OF DIRECTORS FOR APPROVAL. ADDITIONALLY, THE BOARD OF DIRECTORS HAS ADOPTED A POLICY THAT PRECLUDES OFFICERS AND EXECUTIVES FROM RECEIVING TOTAL COMPENSATION IN EXCESS OF THE 75TH PERCENTILE FOR LIKE POSITIONS, AS PROVIDED BY THE INDEPENDENT COMPENSATION CONSULTANT. TOTAL COMPENSATION INCLUDES BASE SALARY, BONUS, AND BENEFITS (INCLUDING DEFERRED COMPENSATION). 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. FORM 990, PART IX, LINE 11G OTHER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 10,295. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,295. FORM 990, PART XII, LINE 2C: PASSAVANT MEMORIAL HOMES VII 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 IMPACT REPORT 2022 IMPACT REPORT TITLE: LEADING THROUGH MISSION-CENTERED INVESTMENTS FOR TODAY AND YEARS TO COME ARTICLE BY RICK D. SENFT, CEO AND PRESIDENT, TITLED, "ADVANCING FOUNDATIONAL PRIORITIES THROUGH INNOVATIVE APPROACHES" IT IS MY HONOR AND PRIVILEGE TO AGAIN SHARE WITH YOU THIS ANNUAL MESSAGE AS CEO AND PRESIDENT AND REPORT ON JUST SOME OF THE MANY INITIATIVES THAT WE EMBARKED UPON THROUGHOUT 2022 ACROSS PASSAVANT MEMORIAL HOMES FAMILY OF SERVICES (PMHFOS), AS WE CONTINUOUSLY STRIVE TO EVEN FURTHER ENHANCE THE QUALITY OF SERVICES PROVIDED TO INDIVIDUALS WITH INTELLECTUAL DISABILITIES, AUTISM, AND BEHAVIORAL HEALTH NEEDS. THROUGH THE COMBINED EFFORTS OF PASSAVANT MEMORIAL HOMES (PMH), PDC PHARMACY, LIFE ENRICHMENT TRUST (LET), ACCESSIBLE DENTAL SERVICES (ADS), AND PASSAVANT MEMORIAL HOMES FOUNDATION (PMHF), WE HAVE BEEN ABLE TO GREATLY ADVANCE OUR ENTITIES' COLLECTIVE MISSION OVER THE LATEST CALENDAR YEAR AND HAVE ALSO MADE SIGNIFICANT STRIDES TOWARD POSITIONING US FOR CONTINUED PROGRESS AS WE PUSH FORWARD INTO 2023. AT PMHFOS, WE ARE COMMITTED TO RECOGNIZING AND REWARDING OUR DEDICATED EMPLOYEES FOR THE VITAL WORK THAT THEY DO AND THE DIRECT IMPACT THAT THEY HAVE ON THE LIVES OF THE INDIVIDUALS THAT WE SUPPORT. WE ARE ALSO CONSTANTLY LOOKING AT WAYS TO FURTHER STRENGTHEN AND STREAMLINE OUR INFRASTRUCTURE AND PROCESSES, WITH A SIGNIFICANT FOCUS ON LEVERAGING TECHNOLOGY, ALL WITH THE INTENT OF DELIVERING OPTIMAL SERVICES. ACROSS 2022, WE WERE ABLE TO MAKE SUBSTANTIAL PROGRESS RELATIVE TO BOTH OF THESE FOUNDATIONAL GOALS. TODAY'S WORKFORCE ENVIRONMENT, SPECIFICALLY IN THE FIELD OF HUMAN SERVICES, PRESENTS A NUMBER OF CHALLENGES. AS A SOLUTIONS-FOCUSED ORGANIZATION, WE UNDERSTAND AND EMBRACE THAT BEING FACED WITH A CHALLENGE ALSO PRESENTS AN OPPORTUNITY TO OVERCOME THAT CHALLENGE. PMHFOS CONTINUES TO STRIVE TO BE THE INDUSTRY LEADER IN VALUING AND RECOGNIZING ALL OF OUR EMPLOYEES, ESPECIALLY THOSE PROVIDING DIRECT CARE TO THE INDIVIDUALS THAT WE SUPPORT. IN THAT REGARD, IN FEBRUARY 2022, WE WERE PROUD TO IMPLEMENT THE MOST SIGNIFICANT DIRECT CARE WAGE INCREASE IN OUR ORGANIZATION'S HISTORY, WITH DIRECT SUPPORT PROFESSIONAL (DSP) STARTING WAGE RATES BEING INCREASED BY AS MUCH AS 25%. THIS WAGE INCREASE ENABLED PMH TO NOT ONLY RECRUIT NEW, QUALIFIED EMPLOYEES, BUT ALSO RETAIN THOSE WHO WERE ALREADY PROVIDING COMPASSIONATE CARE ON A DAILY BASIS. IN NOVEMBER, PMH FURTHER IMPLEMENTED AN ADDITIONAL WAGE INCREASE FOR ALL DIRECT CARE EMPLOYEES. THE RECOGNITION OF DIRECT CARE EMPLOYEES, HOWEVER, GOES ABOVE AND BEYOND THE HOURLY WAGE RATES THAT WE OFFER. IN HONOR OF DSP RECOGNITION WEEK, PMH PROVIDED ALL DIRECT CARE WORKERS WITH A ONE-TIME BONUS OF UP TO $1,000, AND, ACROSS THE YEAR, PROVIDED MULTIPLE OTHER REWARD AND RECOGNITION OPPORTUNITIES, THROUGH A VARIETY OF INCENTIVE PROGRAMS AND RAFFLE DRAWINGS. FURTHERMORE, DURING 2022, WE REVITALIZED OUR EMPLOYEE ONBOARDING PROCESS, VIA THE USE OF A NUMBER OF ONLINE TECHNOLOGIES AND PORTALS, SUCH THAT CANDIDATES INTERESTED IN JOINING THE PMHFOS TEAM CAN APPLY, INTERVIEW, AND OBTAIN THE NECESSARY CLEARANCES AND TRAINING IN AN ORGANIZED AND STREAMLINED FASHION. OUR COMMITMENT TO LEVERAGING AND IMPLEMENTING TECHNOLOGY SYSTEMS AND PLATFORMS WAS BOLSTERED THROUGH THE DEDICATION OF SIGNIFICANT RESOURCES TO FURTHER ENHANCE OUR INFORMATION TECHNOLOGY NETWORK AND THE SECURITY AND RELIABILITY OF THE DATA SYSTEMS IN PLACE ACROSS THE BUSINESS LINES THAT OPERATE WITHIN THE FAMILY OF SERVICES. IN ADDITION TO IMPROVING THE OVERARCHING NETWORK ENVIRONMENT, PMHFOS ALSO DEPLOYED TECHNOLOGY ENHANCEMENTS IN MANY OTHER WAYS IN 2022. AS AN EXAMPLE, WITHIN PDC PHARMACY, ALL NEW WORKSTATIONS WERE INSTALLED FOR OUR PHARMACY TECHNICIANS AT OUR PDC PHARMACY PITTSBURGH LOCATION. THESE NEW WORKSTATIONS ALLOW ALL STEPS REQUIRED DURING THE PROCESS OF FILLING A MEDICATION TO BE COMPLETED IN ONE AREA, CREATING WORKFLOW EFFICIENCIES AND FACILITATING EVEN GREATER MEDICATION ACCURACY. LOOKING AHEAD TO 2023, WE WILL CONTINUE TO RELISH THE OPPORTUNITIES AND CHALLENGES THAT WE WILL BE PRESENTED WITH AND WILL WORK TIRELESSLY TO CONTINUE TO PROVIDE THE HIGHEST QUALITY OF SERVICES TO ALL OF THE INDIVIDUALS THAT WE ARE PRIVILEGED TO SUPPORT. TO ALL OF THOSE THAT HAVE SUPPORTED US AND OUR VARIOUS INITIATIVES, PARTICULARLY THROUGH OUR FOUNDATION'S EFFORTS AND EVENTS, WE ARE TREMENDOUSLY APPRECIATIVE. WE HAVE THE PRIVILEGE TO SERVE AND EMPOWER INDIVIDUALS WITH INTELLECTUAL DISABILITIES, AUTISM, AND BEHAVIORAL HEALTH NEEDS AND RAISE AWARENESS OF THEIR INCREDIBLE POTENTIAL AND VALUE WITHIN OUR COMMUNITIES, AND IT IS THROUGH INITIATIVES SUCH AS OUR ANNUAL GOLF CLASSIC AND OUR COMMUNITY SERVICE SCHOLARSHIP THAT WE STRIVE TO ACHIEVE THIS AND FOR WHICH YOUR SUPPORT IS VITAL. I AM ALSO THANKFUL FOR THE CONTINUED GUIDANCE AND SUPPORT OF OUR DEVOTED BOARDS OF DIRECTORS WHO SERVE THIS ORGANIZATION FAITHFULLY, AS WE TOGETHER CONTINUE TO PUSH FORTH IN PURSUIT OF OUR ORGANIZATION'S MISSION. MAY GRACE AND BLESSINGS BE WITH YOU, RICK D. SENFT ARTICLES FROM ANNUAL IMPACT REPORT (CONT.) ARTICLE BY MARY ANN BOLLAND, PMH BOARD CHAIR, TITLED, "LEVERAGING PRUDENT MANAGEMENT TO BEST SUPPORT THOSE WE SERVE " THIS YEAR SIGNIFIED ANOTHER YEAR FOR WHICH I AM EXTREMELY PROUD OF THE PROGRESS THAT PASSAVANT MEMORIAL HOMES FAMILY OF SERVICES (PMHFOS) WAS ABLE TO MAKE ON BEHALF OF INDIVIDUALS WITH INTELLECTUAL DISABILITIES, AUTISM, 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, AND UNDER THE CONTINUED AND STEADFAST LEADERSHIP OF RICK D. SENFT, THE ORGANIZATIONAL FOCUS OF PMHFOS WILL ALWAYS REMAIN ON ENSURING OPTIMAL SUPPORTS ARE BEING PROVIDED. I AM ALSO ABLE TO SAY WITH GREAT CONFIDENCE THAT PMHFOS ENTERS THE NEW CALENDAR YEAR POSITIONED FOR ONGOING AND ENDURING SUCCESS, AND I AM PRIVILEGED TO BE ABLE TO SHARE MY THOUGHTS THROUGH THIS ANNUAL MESSAGE. PASSAVANT MEMORIAL HOMES (PMH) REMAINS COMMITTED TO CREATING PERSONALIZED LIVING ENVIRONMENTS TO MEET THE UNIQUE NEEDS OF EACH INDIVIDUAL THAT WE SERVE. THIS GOES WELL BEYOND ENSURING OUR HOMES COMPLY WITH THE AMERICANS WITH DISABILITIES ACT ACCESSIBILITY STANDARDS, AS APPROPRIATE, SUCH THAT OUR HOMES ARE TAILORED TO CREATE A SETTING THAT EMPOWERS AND SUPPORTS EACH INDIVIDUAL TO LIVE AS INDEPENDENTLY AND AS COMFORTABLY AS POSSIBLE. THE LATEST EXAMPLE OF THIS WAS THE OPENING OF PMH'S MEMORY CARE HOME THIS PAST YEAR. ESTABLISHED IN THE SOUTH HILLS COMMUNITY, PMH WAS ABLE TO HONOR THE INTENTIONS AND COMMITMENTS OF SOUTHWINDS, INC., TO BRING TO FRUITION THE PREVIOUSLY ESTABLISHED PLAN OF CREATING A HOME THAT INCORPORATES AN ARRAY OF FEATURES AND ADAPTIONS SPECIFICALLY CATERED TO SERVING INDIVIDUALS WITH INTELLECTUAL DISABILITIES, AUTISM, AND BEHAVIORAL HEALTH NEEDS LIVING WITH ALZHEIMER'S AND DEMENTIA. WITH ELEMENTS SUCH AS BARRIER-FREE LIVING AREAS, SPECIALIZED WINDOWS TO REGULATE LIGHT, SOUNDPROOF PANELS, AND A SENSORY GARDEN, PMH'S MEMORY CARE HOME OFFERS THE INDIVIDUALS LIVING THERE A TRULY CUSTOMIZED LIVING SPACE. SINCE RICK'S INSTALLATION AS CEO AND PRESIDENT OVER 33 YEARS AGO, PMH HAS TRANSITIONED AND EXPANDED SERVICES FROM A SINGLE CAMPUS SETTING IN ROCHESTER, PENNSYLVANIA, TO A NETWORK OF OVER 140 COMMUNITY-BASED RESIDENTIAL PROPERTIES, SUCH AS THE MEMORY CARE HOME DESCRIBED ABOVE. THIS HAS BEEN MADE POSSIBLE THROUGH PRUDENT FINANCIAL MANAGEMENT, AND IN PARTICULAR, BY MAKING THE LONG-TERM DECISION OF PURCHASING OUR COMMUNITY HOMES, AS OPPOSED TO ENTERING INTO SHORT-TERM LEASE ARRANGEMENTS. THIS APPROACH WAS TAKEN IN ORDER TO PROVIDE THE INDIVIDUALS THAT WE ARE PRIVILEGED TO SERVE, AS WELL AS THEIR FAMILIES AND LOVED ONES, A SENSE OF PERMANENCY, AND AFFORDS THE ABILITY FOR PMH TO PROVIDE NEEDED RENOVATIONS AND ADAPTATIONS TIMELY, ABSENT OF A LANDLORD'S APPROVAL. THIS HAS ENABLED INDIVIDUALS TO TRULY BECOME IMMERSED AND ESTABLISHED IN THEIR LOCAL COMMUNITIES. IN EARLY 2022, PMH WAS ABLE TO FULLY SATISFY ALL OF THE TERM LOANS ASSOCIATED WITH THESE 140 COMMUNITY HOMES, A REMARKABLE MILESTONE FOR A NOT-FOR-PROFIT HUMAN SERVICES ORGANIZATION, AND ONE WHICH I TAKE GREAT PRIDE IN SHARING. THIS LATEST ACHIEVEMENT PROVIDES YET ANOTHER LAYER OF STABILITY FOR THE INDIVIDUALS WE SERVE AND ESTABLISHES A TREMENDOUS PLATFORM FOR THIS ORGANIZATION TO CONTINUE TO THRIVE AND PROSPER WELL INTO THE FUTURE. ON BEHALF OF MY FELLOW BOARD MEMBERS, I AM GREATLY APPRECIATIVE FOR ALL OF THE TREMENDOUS BUSINESS PARTNERS AND SUPPORTERS WHO ASSIST PMHFOS IN ADVANCING THE ORGANIZATION'S INITIATIVES. SERVING AND EMPOWERING OTHERS ENCOMPASSES ALL THAT PMHFOS STRIVES TO ACHIEVE, AND I AM EXCITED TO SEE WHAT 2023 MAY BRING AS WE LOOK TO FORGE AHEAD IN DELIVERING OPTIMAL SERVICES TO THE OVER 10,000 INDIVIDUALS THAT PMHFOS COLLECTIVELY SUPPORTS. THANK YOU AND MAY GOD BLESS YOU ALWAYS, MARY ANN BOLLAND PASSAVANT MEMORIAL HOMES 100 PASSAVANT WAY PITTSBURGH PA 15238 251021794 TO SUPPORT INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 N/A 0 PASSAVANT MEMORIAL HOMES HOUSING INITIATIVE NO 1 INC 100 PASSAVANT WAY PITTSBURGH PA 15238 251891795 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES HOUSING INITIATIVE NO 2 INC 100 PASSAVANT WAY PITTSBURGH PA 15238 251891797 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES HOUSING INITIATIVE NO 3 INC 100 PASSAVANT WAY PITTSBURGH PA 15238 251891798 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 LIFE ENRICHMENT TRUST INC 100 PASSAVANT WAY PITTSBURGH PA 15238 300223116 TO SERVE AS CORPORATE FIDUCIARY FOR INDIVIDUALS WITH DISABILITIES PA 501(C)(3) LINE 12A, I PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES I INC 100 PASSAVANT WAY PITTSBURGH PA 15238 200672805 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES II INC 100 PASSAVANT WAY PITTSBURGH PA 15238 200672875 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES III INC 100 PASSAVANT WAY PITTSBURGH PA 15238 200672915 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES V 100 PASSAVANT WAY PITTSBURGH PA 15238 202340470 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES VI 100 PASSAVANT WAY PITTSBURGH PA 15238 202340513 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES VIII 100 PASSAVANT WAY PITTSBURGH PA 15238 208207234 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES IX 100 PASSAVANT WAY PITTSBURGH PA 15238 261631009 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES FOUNDATION 100 PASSAVANT WAY PITTSBURGH PA 15238 251869155 FUNDRAISING FOR OPERATIONS OF PASSAVANT MEMORIAL HOMES PA 501(C)(3) LINE 7 PASSAVANT MEMORIAL HOMES 0 ACCESSIBLE DENTAL SERVICES INC 100 PASSAVANT WAY PITTSBURGH PA 15238 262432726 PROVIDE DENTAL CARE FOR INDIVIDUALS WITH DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT MEMORIAL HOMES X 100 PASSAVANT WAY PITTSBURGH PA 15238 264399316 TO DEVELOP/OPERATE HOUSING FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 INVIVASPAN HEALTH 100 PASSAVANT WAY PITTSBURGH PA 15238 454279696 PROVIDE HEALTH CARE FOR INDIVIDUALS WITH DISABILITIES PA 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 LIFE ENRICHMENT TRUST OF NEW JERSEY INC 100 PASSAVANT WAY PITTSBURGH PA 15238 473942494 TO SERVE AS CORPORATE FIDUCIARY FOR INDIVIDUALS WITH DISABILITIES NJ 501(C)(3) LINE 10 PASSAVANT MEMORIAL HOMES 0 PASSAVANT DEVELOPMENT CORPORATION 100 PASSAVANT WAY PITTSBURGH PA 15238 232950006 BUSINESS SERVICES & SALES OF PHARMACOLOGICALS PA PASSAVANT MEMORIAL HOMES C 0 BUSINESS SERVICES 100 PASSAVANT WAY PITTSBURGH PA 15238 270450590 SALES OF PHARMACOLOGICALS PA PASSAVANT MEMORIAL HOMES C 0 VALLEY PRESCRIPTION SERVICES INC 100 PASSAVANT WAY PITTSBURGH PA 15238 431495148 SALES OF PHARMACOLOGICALS PA PASSAVANT MEMORIAL HOMES C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 1 1 1