2024-05-15T14:34:20-05:00 2023-06-30 510227758 MASTER SIDLOW & ASSOCIATES PA 750 PRIDES CROSSING SUITE 100 NEWARK DE 19713 990 2022-07-01 510070786 MILTON & HATTIE KUTZ HOME INC MILT 3027647000 704 RIVER ROAD WILMINGTON DE 19809 FELISHA ALDERSON EXECUTIVE DIRECTOR 3027647000 2024-05-15 1 FELISHA ALDERSON 999009999 0 JUDITH M SCARBOROUGH P00161946 3026523480 2024-05-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z KUTZ SENIOR LIVING CAMPUS FELISHA ALDERSON 704 RIVER ROAD WILMINGTON DE 19809 21441603 0 X WWW.KUTZHOME.ORG X 1953 DE SKILLED NURSING CARE FOR THE ELDERLY 32 32 219 14 0 0 2792097 3741222 12088129 13450367 67637 364521 0 0 14947863 17556110 0 0 0 0 6749979 7124337 0 0 0 7644058 9787401 14394037 16911738 553826 644372 19660852 20718067 12392649 12409860 7268203 8308207 THE HOME'S MISSION IS TO PROVIDE SHELTER, MEDICAL CARE, NURSING AND OTHER SERVICES FOR AGING MEN AND WOMEN. 0 0 9864714 9139409 LONG-TERM CARE NURSING FACILITY PROVIDING SKILLED NURSING CARE AND THERAPY TO THE ELDERLY WITHOUT REGARD TO ABILITY TO PAY. TOTAL OF 25,356 PATIENT DAYS. 4598129 4310958 ASSISTED LIVING FACILITY PROVIDING ASSISTED LIVING, RESPITE CARE, AND A SECURE MEMORY CARE NEIGHBORHOOD TO SENIORS WHO DO NOT NEED SKILLED NURSING CARE BUT WOULD BENEFIT FROM SOME PERSONAL ASSISTANCE. TOTAL OF 17,767 PATIENT DAYS. 14462843 1 1 0 0 0 0 0 0 1 1 1 0 0 0 0 1 1 0 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 1 0 0 0 1 19 0 1 219 1 0 0 0 0 0 0 0 0 0 0 X 32 32 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 DE X X LOLA ODUNSI 3027647000 704 RIVER ROAD WILMINGTON DE 19809 EILEEN SARTER TREASURER 1.00 X X 0 0 0 DONNA HARLEY DIRECTOR 1.00 X 0 0 0 JOYCE SHTOFMAN DIRECTOR 1.00 X 0 0 0 SAM CLOSIC DIRECTOR 1.00 X 0 0 0 IRIS VINOKUR DIRECTOR 1.00 X 0 0 0 ALAN EVANTASH DIRECTOR 1.00 X 0 0 0 ROGER KERZNER DIRECTOR 1.00 X 0 0 0 MICHELLE GLAZIER PRESIDENT 1.00 X X 0 0 0 MICHAEL GROSS DIRECTOR 1.00 X 0 0 0 RICHARD LITWIN DIRECTOR 1.00 X 0 0 0 MARK KULLER DIRECTOR 1.00 X 0 0 0 PAMELA MEISSLER DIRECTOR 1.00 X 0 0 0 JONATHAN JAFFE DIRECTOR 1.00 X 0 0 0 DEBBIE NACHLIS SECRETARY 1.00 X X 0 0 0 GREGORY SCHIFF DIRECTOR 1.00 X 0 0 0 GINGER WEISS DIRECTOR 1.00 X 0 0 0 KATIE GLAZIER DIRECTOR 1.00 X 0 0 0 DOMINIC KAYATTA DIRECTOR 1.00 X 0 0 0 ANDREW TAUB DIRECTOR 1.00 X 0 0 0 MARK WAGMAN DIRECTOR 1.00 X 0 0 0 HAYIM WEISS DIRECTOR 1.00 X 0 0 0 LISA BELFER DIRECTOR 1.00 X 0 0 0 FELISHA ALDERSON EXECUTIVE DIRECTOR 40.00 X 207352 0 10826 OYINLOLA ODUNSI CHIEF FINANCIAL OFFICER 40.00 X 106962 0 10284 314314 0 21110 4 0 1 0 HEALTHCARE SERVICES GROUP 3220 TILLMAN DR SUITE 300 BENSALEM PA 19020 OPERATIONAL CONSULTANT 2625451 INTELYCARE PO BOX 200413 PITTSBURGH PA 15251 NURSING 1383281 SELECT REHABILITATION INC PO BOX 809056 CHICAGO IL 60680 THERAPY 468250 CARING ANGELS PO BOX 637924 CINCINNATI OH 45263 NURSING 292087 4 120500 2539167 1081555 3741222 RESIDENT SERVICE REV 623000 7368657 7368657 MEDICAID/MEDICARE 623000 6081710 6081710 13450367 316936 316936 3933078 3885493 47585 47585 47585 17556110 13450367 0 364521 X 399127 399127 5488410 4466491 1021919 773267 623291 149976 463533 371004 92529 1858285 1825548 32737 193690 193690 39661 4832 34829 334718 319100 15618 4737 282 4455 487685 472079 15606 896442 850557 45885 342198 327123 15075 PURCHASED NURSING SERVI 2112240 2112240 FOOD 698690 698690 NURSING HOME QUALITY AS 685046 685046 CLINICAL SERVICES 609468 609468 1524541 1097092 427449 16911738 14462843 2448895 0 234231 315693 412089 245635 16667 972442 1313106 2642217 163689 208501 25601047 11436291 14994973 14164756 2866761 1569514 0 258645 19660852 20718067 1628008 2198869 509296 503843 25320 21525 10094038 9685623 135987 0 12392649 12409860 X 6706893 7430212 561310 877995 7268203 8308207 19660852 20718067 X 644372 1000 394632 X 0 1 X 1 0 X 376282 754150 2118925 2792097 3741222 9782676 14568311 14660873 12501564 12088174 13450367 67269289 14944593 15415023 14620489 14880271 17191589 77051965 4782 6860 9738 7557 158547 187484 0 4782 6860 9738 7557 158547 187484 76864481 79442 80613 55913 69544 316936 602448 79442 80613 55913 69544 316936 602448 15024035 15495636 14676402 14949815 17508525 77654413 0.98980 0.99460 0.00780 0.00480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 131062 131062 131062 131062 131062 131062 131062 131062 121062 10000 131062 1.00000 0 0 22779251 9782798 12996453 2821796 1653493 1168303 14164756 X 17951742 1000 394632 395632 17556110 0 17556110 16911738 0 16911738 0 16911738 PART IV, LINE 2B: SOME RESIDENTS HAVE SMALL CASH BALANCES ON DEPOSIT WITH THE HOME FOR USE ON ITEMS SUCH AS HAIRCUTS, MEAL TICKETS, ETC. PART V, LINE 4: THE HOME'S PERMANENTLY RESTRICTED NET ASSETS CONSIST OF THREE INDIVIDUAL DONOR-RESTRICTED ENDOWMENT FUNDS ESTABLISHED TO SUPPORT THE HOME. PART X, LINE 2: THE HOME QUALIFIES AS A TAX EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND ITS ACTIVITIES DO NOT RESULT IN ANY INCOME TAX LIABILITY. THE HOME FOLLOWS PROFESSIONAL STANDARDS WHICH CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE HOMES FINANCIAL STATEMENTS AND PRESCRIBE A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE STANDARDS ALSO PROVIDE GUIDANCE ON DERECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. THE HOME FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE HOMES FEDERAL INCOME TAX RETURNS FOR FISCAL YEARS 2021 AND BEYOND REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE HOME DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS AS OF JUNE 30, 2023 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. THE HOME WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS, IF ANY, AS A COMPONENT OF INCOME TAX EXPENSE. AS OF JUNE 30, 2023, THE HOME DID NOT HAVE ANY ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX PROVISIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON SWAP 394,632. X 0 0 0 0 0 0 0 0 0 FELISHA ALDERSON EXECUTIVE DIRECTOR 207352 0 0 0 0 0 0 0 0 0 207352 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FOLLOWING REVIEW BY THE CFO AND EXECUTIVE DIRECTOR, THE TREASURER OR OTHER KNOWLEDGEABLE BOARD MEMBER REVIEWS THE RETURN IN DETAIL. THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS FOR REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G DIETARY AND DINING MGMT FEES: PROGRAM SERVICE EXPENSES 1,177,023. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,177,023. HSKG AND LAUNDRY CONTRACT FEES: PROGRAM SERVICE EXPENSES 648,525. MANAGEMENT AND GENERAL EXPENSES 32,737. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 681,262. FORM 990, PART XI, LINE 9: DERIVATIVE SWAP 394,632. AUXILIARY OF THE MILTON & HATTIE KUTZ HOME INC 510136951 SUPPORT OF THE KUTZ HOME DE 501C 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0