2025-11-12T15:02:55-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 475 REGENCY PARK SUITE 175 OFALLON IL 62269 990 2024-01-01 620630670 ASBURY INC ASBU 8652388300 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 ANDREW JEANNERET TREASURER 8652388300 2025-11-12 1 0 JEFF PARKER P00970069 6182331200 2025-11-12 2024 2025-03-06 01:10:19Z DOUG LEIDIG 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 12163273 0 X WWW.ASBURY.ORG X 1956 TN EXPLORING POSSIBILITIES TO LIVE YOUR BEST LIFE BY DOING ALL THE GOOD WE CAN WITH INTEGRITY X 5 4 0 0 0 0 325017 4663273 27941431 0 417535 0 8632 0 28692615 4663273 87305 0 0 0 16402201 0 0 0 0 27797014 0 44286520 0 -15593905 4663273 17670573 1205468 56043241 3691095 -38372668 -2485627 X OUR MISSION IS EXPLORING POSSIBILITIES TO LIVE YOUR BEST LIFE BY DOING ALL THE GOOD WE CAN WITH INTEGRITY, TRANSPARENCY AND GRACE. 0 1 0 0 0 SUBSTANTIALLY ALL ASSETS OF ASBURY PLACE WERE SOLD ON JANUARY 1, 2024. OPERATIONS CEASED AFTER THE SALE. PRIOR TO THE SALE, ASBURY PLACE OPERATED SKILLED NURSING, RESIDENTIAL LIVING, AND ASSISTED LIVING FACILITIES. 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 TN X X ANDREW JEANNERET 3012502100 5285 WESTVIEW DRIVE FREDERICK MD 21703 NELLIE WARD COLE CHAIR/PRESIDENT 2.00 0.00 X X 0 0 0 VICKIE HARRIS DIRECTOR 2.00 0.00 X 0 0 0 BOB MCCOLLUM DIRECTOR 2.00 0.00 X 0 0 0 DOUG LEIDIG DIRECTOR/ACOMM CEO 2.00 38.00 X 0 1372281 38911 RICHARD SHUMAN DIRECTOR 2.00 4.00 X 0 6600 0 ANDREW JEANNERET TREASURER 1.00 39.00 X 0 706567 37011 ANDREW JOSEPH SECRETARY 1.00 39.00 X 0 519805 26880 MELISSA FURY ASST. SECRETARY 1.00 39.00 X 0 322952 11603 0 2928205 114405 0 0 1 0 0 4663273 4663273 7500000 7500000 0 4663273 0 0 0 0 0 0 0 6446472 1205468 1739844 1075620 82193 195308 0 7500000 391 630745 0 17670573 1205468 4693991 1088730 29565597 7500000 14283653 2602365 56043241 3691095 X -38609784 -2485627 237116 0 -38372668 -2485627 17670573 1205468 X 4663273 31223768 X X 0 1 X 1 0 X 57006 6515483 3411065 325017 4663273 14971844 36183002 31850097 27086081 27941431 123060611 36240008 38365580 30497146 28266448 4663273 138032455 1350 1177 1299 700 4526 0 1350 1177 1299 700 4526 138027929 498811 348849 324876 427292 1599828 498811 348849 324876 427292 1599828 36738819 38714429 30822022 28693740 4663273 139632283 0.98850 0.98690 0.01150 0.01300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 87688 87688 132111 -44423 87688 132111 132111 55696 76415 132111 53506 2190 55696 0.00000 0.00000 0.00000 0 0 0 DUE TO ACOMM, NET 2602365 2602365 X PART V, LINE 4: THE ENDOWMENT WAS INTENDED TO SUPPORT BENEVOLENT CARE PROVIDED BY THE ORGANIZATION. PART X, LINE 2: ASBURY, INC. IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC); ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED AS THERE ARE NO UNRELATED TRADES OR BUSINESSES. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION MUST BE RECOGNIZED ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE RESOLUTION. THE COMPANY'S REASSESSMENT OF ITS TAX POSITIONS DID NOT HAVE A MATERIAL IMPACT ON THE COMPANY'S RESULTS OF OPERATIONS OR FINANCIAL POSITION. THE COMPANY'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. 0 1 0 0 0 0 0 0 0 DOUG LEIDIG DIRECTOR/ACOMM CEO 0 685159 0 610601 0 76521 0 10346 0 28565 0 1411192 0 0 ANDREW JEANNERET TREASURER 0 391925 0 248645 0 65997 0 17041 0 19970 0 743578 0 0 ANDREW JOSEPH SECRETARY 0 305666 0 168128 0 46011 0 8904 0 17976 0 546685 0 0 MELISSA FURY ASST. SECRETARY 0 264136 0 49533 0 9283 0 3360 0 8243 0 334555 0 0 PART I, LINE 4B NAME: DOUG LEIDIG, DESCRIPTION: DIRECTOR/ACOMM CEO, CURRENT YEAR AMOUNT: $56,846. PLAN DESCRIPTION: 457(F) NAME: ANDREW JEANNERET, DESCRIPTION: TREASURER, CURRENT YEAR AMOUNT: $63,217. PLAN DESCRIPTION: 457(F) NAME: ANDREW JOSEPH, DESCRIPTION: SECRETARY, CURRENT YEAR AMOUNT: $43,613. PLAN DESCRIPTION: 457(F) REAL PROPERTY OF ASBURY PLACE MARYVILLE AND ASBURY PLACE KINGSPORT LOCATED IN TENNESSEE; PERSONAL PROPERTY CONSISTING OF FURNITURE AND EQUIPMENT, MOTOR VEHICLES, SUPPLIES, INVENTORY AND TRADEMARKS; INTELLECTUAL PROPERTY; AND ASSIGNED CONTRACTS AND RESIDENCY AGREEMENTS. 2024-01-01 7500000 APPRAISAL 923765470 MCFARLIN ARTISAN LLC 5307 E MOCKINGBIRD LANE STE 5 DALLAS TX 75206 C CORP 0 0 0 0 FORM 990, PART III, LINE 3 SUBSTANTIALLY ALL ASSETS OF ASBURY PLACE WERE SOLD ON JANUARY 1, 2024. OPERATIONS CEASED AFTER THE SALE. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS CAN ACT IN PLACE OF THE BOARD BETWEEN MEETINGS. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 ASBURY COMMUNITIES, INC. IS THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7A ASBURY COMMUNITIES, INC. IS THE SOLE MEMBER OF ASBURY, INC. FORM 990, PART VI, SECTION A, LINE 7B ONLY CERTAIN DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO ASBURY COMMUNITY INC'S APPROVAL. THESE DECISIONS INCLUDE: (1) MANAGEMENT SERVICES RELATIONSHIPS AND CONTRACTS; (2) ANY ORGANIZATIONAL CHANGE IN GENERAL, INCLUDING MERGERS, SALES, LEASES, ETC, OF SUBSTANTIALLY ALL OF THE ASSETS AND THE CREATION OF NEW ENTITIES; (3) AMENDMENTS TO MISSION OR VISION STATEMENTS; (4) AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS; (5) THE OPERATING AND CAPITAL BUDGET OF THE COMPANY. FORM 990, PART VI, SECTION B, LINE 11B ASBURY COMMUNITIES, INC., THE SOLE MEMBER OF ASBURY, INC., DELEGATES REVIEW OF THE FORM 990 TO ITS AUDIT, FINANCE, AND INVESTMENT COMMITTEE (AFIC) WHICH PERFORMED ITS REVIEW ON 10/29/25. ADDITIONALLY, THE ASBURY COMMUNITIES, INC. AND ASBURY, INC. BOARD OF DIRECTORS WERE FORWARDED A COPY OF THE DRAFT 990 FOR REVIEW AND WERE PROVIDED A LINK TO A RECORDING OF THE AFIC MEETING IF MEMBERS CHOSE TO LISTEN TO THE MEETINGS AS THEY REVIEWED ANY OF THE FORM 990S. ALL DIRECTORS MAY POSE QUESTIONS OR ASK FOR CLARIFICATION FROM STAFF AND THE AFIC. FORM 990, PART VI, SECTION B, LINE 12C THE ASBURY COMMUNITIES CONFLICT OF INTEREST POLICY WAS APPROVED BY THE BOARD OF DIRECTORS. THE COMPLIANCE OFFICER IS RESPONSIBLE FOR THE POLICY AND OVERSEES THE IMPLEMENTATION OF THE PROCESS. ALL THE ENTITIES WITHIN THE ASBURY COMMUNITIES SYSTEM ARE SUBJECT TO THE POLICY. ANNUALLY, THE COMPLIANCE OFFICER CONDUCTS A COMPREHENSIVE CONFLICT DISCLOSURE PROCESS COVERING ALL MEMBERS OF THE GOVERNING BOARDS, SYSTEM WIDE COMMITTEES, AND INDIVIDUALS IN KEY MANAGEMENT POSITIONS. EACH PERSON COMPLETES A CONFLICT OF INTEREST DISCLOSURE FORM AND IS ADVISED OF THEIR FIDUCIARY OBLIGATIONS. THE COMPLIANCE OFFICER, WHO HAS A DIRECT REPORTING LINE TO THE CHAIR OF THE GOVERNANCE AND NOMINATIONS COMMITTEE AND REPORTS QUARTERLY TO THE GOVERNANCE AND NOMINATIONS COMMITTEE, ANALYZES ALL DISCLOSURE FORMS FOR POTENTIAL. CONFLICTS, AND PREPARES A REPORT FOR THE GOVERNANCE AND COMPLIANCE COMMITTEE. A REPORT WAS MADE TO THE BOARD THAT THERE WERE NO CONFLICTS DURING 2024. WHEN AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARISES INVOLVING A BOARD OR COMMITTEE MEMBER, THE GOVERNANCE AND NOMINATIONS COMMITTEE IS INFORMED AND WILL FOLLOW SPECIFIC PROTOCAL OUTLINED IN THE CONFLICT OF INTEREST POLICIES AND PROCEDURES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN NET ASSETS OF ASBURY FOUNDATION -53,006. BOOK GAIN ON DISCONTINUED OPERATIONS 31,460,884. OTHER CHANGES IN NET ASSETS WITH DONOR RESTRICTIONS -184,110. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN OVERSIGHT PROCESS FROM THE PRIOR YEAR. ASBURY ATLANTIC INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 520607956 HOUSING AND HEALTHCARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 ASBURY FOUNDATION INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 521862674 RAISING FUNDS FOR CHARITY CARE MD 501(C)(3) LINE 7 ASBURY COMMUNITIES INC 0 AFFILIATED ASSOCIATES INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 510426078 EMPLOYEE PAYMASTER COMPANY MD 501(C)(3) LINE 12C, III-FI ASBURY COMMUNITIES INC 0 ASBURY COMMUNITIES HCBS INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 450634490 HOME CARE FOR OLDER ADULTS MD 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 ASBURY COMMUNITIES INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 521862677 SUPPORT SERVICES MD 501(C)(3) LINE 12C, III-FI 0 BETHANY DEVELOPMENT CORPORATION 335 WESLEY DRIVE MECHANICSBURG PA 17055 232078064 HOUSING FOR OLDER ADULTS PA 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 ALBRIGHT CARE SERVICES 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 231887138 HOUSING, HEALTHCARE, AND AT-HOME SERVICES FOR OLDER ADULTS PA 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 WARRIOR RUN MANOR 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 232137458 HOUSING FOR OLDER ADULTS PA 501(C)(3) LINE 10 ALBRIGHT CARE SERVICES 0 FOREST RIDGE MANOR 910 WILDER CHAPEL LANE MARYVILLE TN 37804 201885811 HOUSING FOR OLDER ADULTS TN 501(C)(3) LINE 12A, I ASBURY INC 0 ASBURY LIVING INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 933545102 HOUSING FOR OLDER ADULTS PA 501(C)(3) LINE 10 ASBURY COMMUNITIES INC 0 THE ASBURY GROUP INC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 205038820 TECH & SUPPORT SERVICES DE ASBURY COMMUNITIES INC C 0 THRIVEWELL TECH LLC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 262896175 INFO & CNSLT SERVICES DE THE ASBURY GROUP INC C 0 5285 WESTVIEW DRIVE ONE LLC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 881212545 INFO. TECH. RESELLER AND IMPLEMENTATION PARTNER MD THE ASBURY GROUP INC C 0 1569 TEELS ROAD LLC 5285 WESTVIEW DRIVE 200 FREDERICK MD 21703 871564257 OPERATE A PERSONAL CARE HOME AND SENIOR LIVING COMMUNITY PA THE ASBURY GROUP INC C 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0