EDGEWOOD SUMMIT INC
300 Baker Lane, Charleston, WV 25302 www.edgewoodsummit.com

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Organizations Filed Purposes: The Organization's primary exempt function is to provide, on a non-profit basis, long-term care facilities in the state of West Virginia specifically designed to meet the physical, social and psychological needs of elderly and infirm persons, including but not limited to housing, buildings, structures, equipment, furnishings, programs and related health and other services contributing to their health, security, happiness and physical and mental well-being.The mission of Edgewood Summit is to provide an attractive, caring, comfortable senior living community. A secure environment and quality service that will be the hallmark of this community.

The Organization provided, on a non-profit basis, housing, dining, housekeeping, laundry, transportation, activities, nursing and assisted living care, memory support care, and skilled nursing care through the operation of a CCRC - Continuum Care Retirement Community - that served 175 residents in 127 independent and 40 assisted living, 18 memory support and 20 skilled nursing units.

1. Edgewood Summit, Inc. has been open for 25 years. Apartments are upgraded when turnover occurs; this includes fresh paint, new carpet. An enhanced upgrade to each unit includes - new kitchen and bath cabinets with solid surface countertops, new lighting, new kitchen appliances including washer and dryer. All items with a useful life remaining are donated to Habitat for Humanity Restore. These items include: ranges, refrigerators, dishwashers, washer/dryer combos and kitchen and bath cabinets, and light fixtures. Edgewood Summit turned over approximately 42 units this past fiscal year and 14 units were touched up.Total Expenses incurred: $8,500.002. As apartments turnover our Marketing Department inventories items left in each unit. They coordinate donation of usable items to various charitable organizations in our area such as: Salvation Army, Goodwill Industries and Mountain Mission. They also coordinate furniture and fixture items with a useful like left as Edgewood Summit, Inc. replaces FF&E to keep the community looking fresh and updated. Edgewood Summit, Inc. turned over approximately 59 units this past fiscal year.Total Expenses incurred: $1,825.003. Annually Edgewood Summit, Inc. participated in the following charitable activities:Cereal Drive for Manna MealClothing Drive for Union MissionRead-A-Loud labelingBook Donations to Kanawha County Public LibraryStuffing Easter Eggs with treats for City of Charleston Easter Egg HuntStuffing Easter Eggs with treats for City of South Charleston Easter Egg HuntStuffing Easter Eggs with treats for St. Marks United Methodist ChurchAlzheimer's Association Bake Sale FundraiserTotal Expense incurred: $4,245.004. Edgewood Summit, Inc. was a sponsor for West Virginia Alzheimer's Memory Walk, West Virginia Symphony Orchestra, and The Charleston Ballet.Total Expense incurred: $5,700.005. Throughout the fiscal year Edgewood Summit, Inc. made memorial contributions to charitable organizations in memory of former residents, resident's family members and employee family members.Total Expense incurred: $710.006. In the fall of 2013 Edgewood Summit, Inc. opened the Arthur B. Hodges Center with 20 skilled nursing and 18 memory support units to complete the full continuum of care on our campus. Along with this addition all new residents moving into independent living with get a 20% discount from full contractual rates as they move through the continuum. For the then current independent living residents a plan was offered where the current resident could pay a one-time non-refundable deposit of $15,000 and they would also receive the health care benefit as they moved through the continuum. Edgewood Summit, Inc. had approximately 21 residents to take this offer. During the fiscal year ending June 30, 2020 Edgewood Summit had 31 residents move to higher levels of care and began utilizing the 20% discount - AL 12, MS 8, and SN 11.Total Expense incurred: $343,082.00Annual total expense for Community Services $364,062

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