2024-11-08T09:36:36+00:00 2023-12-31 440160260 Forvis Mazars LLP 135 West 50th Street New York NY 10020 990 2023-01-01 135562312 Miriam Osborn Memorial Home Association MIRI 9149258278 101 THEALL ROAD RYE NY 10580 ROBERT S DAVIS CFO AND TREASURER 9149258278 2024-11-08 true Aaron Shapiro P01333816 2128674000 2024-11-08 2023 2024-10-15 13:58:12Z ROBERT S DAVIS 101 THEALL ROAD RYE NY 10580 98185094 false X WWW.THEOSBORN.ORG X 1892 TO ENRICH THE LIVES OF THOSE WE SERVE IN AN INSPIRING, CARING COMMUNITY WHILE SUSTAINING OUR COMMITMENT TO EXCELLENCE. 17 17 551 50 0 0 1011844 1388363 43013349 46615270 683947 4318982 637630 700413 45346770 53023028 260000 0 27210981 29579304 0 0 27448523 26326847 54659504 56166151 -9312734 -3143123 149517516 154027708 225680247 231091931 -76162731 -77064223 MIRIAM OSBORN MEMORIAL HOME ASSOCIATION OPERATES TO ENRICH THE LIVES OF THOSE WE SERVE IN AN INSPIRING, CARING COMMUNITY WHILE SUSTAINING OUR COMMITMENT TO EXCELLENCE. false false 45535411 260000 44392491 THE OSBORN OPERATES A SENIOR LIVING COMMUNITY OFFERING A CONTINUUM OF CARE WHICH INCLUDES INDEPENDENT LIVING RESIDENCES AND SERVICES, ASSISTED LIVING RESIDENCES AND SERVICES, THE H.O.P.E. CENTER FOR MEMORY CARE, AND A SKILLED NURSING FACILITY SERVING OVER 800 SENIOR CITIZENS, THE PAVILION. MEDICAL AND NURSING STAFF ARE SPECIALISTS IN LONG TERM CHRONIC CARE INCLUDING CARE FOR THOSE AFFECTED WITH ALZHEIMER'S DISEASE AND RELATED DEMENTIA, AND SUB-ACUTE CARE INCLUDING SHORT-TERM PHYSICAL REHABILITATION, SUB-ACUTE MEDICAL CARE, HOSPICECARE, AND RESPITE CARE. CHARITY CARE NOT BILLED OR COLLECTED AT MARKET RATES WAS $1,622,225 IN 2023. THE ESTIMATED COST OF PROVIDING CHARITY CARE WAS $1,960,099 IN 2023. 0 2222779 MIRIAM OSBORN MEMORIAL HOME ASSOCIATON PERFORMS ADMINISTRATIVE SERVICES FOR STERLING HOME CARE AND THE OSBORN FOUNDATION AND RECEIVES MANAGEMENT FEES FOR THESE SERVICES. 45535411 true true false true false false true true false true true false false true false true true false false true false false false false false false true false true true false false false false false false false false false false false false false false false true false false false true 112 0 551 true false false false false false false false false false false false false X 17 17 false false false false true true true true true false false true true true true true true true true false NY X ROBERT S DAVIS 9149258278 101 THEALL ROAD RYE NY 10580 LINDA BIANCO MILLER ASSISTANT SECRETARY 2.0 0.0 X X 0 0 0 RODERIC L ROLETT CHAIR 2.0 0.0 X X 0 0 0 ALBERT BRUNNER TRUSTEE 2.0 2.0 X 0 0 0 ANN MARIE PETACH TRUSTEE 2.0 0.0 X 0 0 0 BRADLEY G RAZOOK TRUSTEE 2.0 0.0 X 0 0 0 C RONALD MACKENZIE MD TRUSTEE 2.0 2.0 X 0 0 0 DR ROMELLE MALONEY TRUSTEE 2.0 2.0 X 0 0 0 FREDERICK G SYKES TRUSTEE 2.0 0.0 X 0 0 0 JEFFREY SHERMAN TRUSTEE 2.0 0.0 X 0 0 0 LINDA RAPPAPORT TRUSTEE 2.0 0.0 X 0 0 0 LUCIEN D BURNETT III TRUSTEE 2.0 0.0 X 0 0 0 MARC KOSAK TRUSTEE 2.0 2.0 X 0 0 0 MICHAEL REID TRUSTEE 2.0 0.0 X 0 0 0 NATHAN W PEARSON TRUSTEE 2.0 2.0 X 0 0 0 SUSAN MILLER TRUSTEE 2.0 4.0 X 0 0 0 THOMAS M SAUNDERS TRUSTEE 2.0 2.0 X 0 0 0 WILLIAM D HOLDEN TRUSTEE 2.0 0.0 X 0 0 0 CHRISTOPHER FERRERI CHIEF OPERATING OFFICER 37.5 0.0 X 406851 0 71060 MATTHEW ANDERSON PRESIDENT/CEO 25.2 12.3 X 420442 205215 69533 ROBERT S DAVIS CFO AND TREASURER 25.2 12.3 X 305891 149304 73030 ANDY GOOLCHARAN VP INFORMATION TECHNOLOGY 37.5 0.0 X 211578 0 12156 CHRISTA PICCIANO-DANIELLO VP SALES 37.5 0.0 X 205727 0 62522 ELIZABETH ROSSI VP HUMAN RESOURCES 37.5 0.0 X 231777 0 64627 RICHARD SGAGLIO VP MARKETING AND FUNDRAISING 25.2 12.3 X 148801 72629 26565 STEPHANIE LARSEN VP AND GENERAL COUNSEL 37.5 0.0 X 238621 0 52708 ANDREW HORN DIRECTOR OF DINING 37.5 0.0 X 179279 0 45290 GOPAL PATEL DIR. OF FINANCIAL REPORTING 37.5 0.0 X 162960 0 50331 MICHAEL D FREDDINO CONTROLLER 37.5 0.0 X 188896 0 46423 ROBERT D'Elia Rehab DIrector 37.5 0.0 X 153914 0 60601 ZENAE M MERCHANT ADMINISTRATOR 37.5 0.0 X 201591 0 26152 3056328 427148 660998 0 false true false US FOODSERVICE INC PO BOX 641871 PITTSBURGH PA 15264 Food Services 1137221 ONESTAFF MEDICAL LLC C/O AMERICAN NATIONAL BANK PO BOX 3544 OMAHA NE 68103 Staffing Services 1108845 SOUND COMMUNICATIONS INC 149 W 36TH ST FL 11 NEW YORK NY 10018 Advertising 740858 CARPET TRENDS INC 5 SMITH STREET PO BOX 362 RYE NY 10580 Carpeting Service 718246 L&M COMPANY A DIVISION OF NIETO CONTRACTORS INC 140 HIGHLAND STREET PORT CHESTER NY 10573 Construction 518120 52 1200000 178363 10000 1388363 RESIDENT FEES 623000 44392491 44392491 MANAGEMENT FEES 561000 2222779 2222779 0 0 0 0 46615270 648533 648533 72864 7131 65733 0 65733 65733 48825384 45154935 3670449 0 3670449 3670449 MISCELLANEOUS 900099 634680 634680 0 0 0 0 634680 53023028 46615270 0 5019395 260000 260000 2546415 2054648 491767 20191525 16265858 3925667 984118 801433 182685 4189369 3411683 777686 1667877 1358264 309613 89600 89600 125445 125445 1883 1883 314710 314710 190112 0 190112 0 869459 869459 1328015 405859 922156 781751 781751 5508776 5474359 34417 810620 810620 8907354 8837877 69477 918745 918745 MEDICAL FEES AND SUPPLIES 3852719 3766990 85729 FOOD 1662418 1662418 CASH RECEIPTS ASSESSMENT 539838 539838 HOUSEKEEPING/KITCHEN SUPPLY 425402 425402 0 0 0 0 56166151 45535411 10630740 0 2782838 5531103 489913 621520 2182625 2490952 0 0 0 0 997170 995394 254202651 170596534 85381640 83606117 35579796 30173869 19988739 27969263 0 2114795 2639490 149517516 154027708 9783396 8107221 21933701 20108513 1341838 1041823 0 0 192621312 201834374 225680247 231091931 X -76162731 -77064223 -76162731 -77064223 149517516 154027708 X -3143123 3225627 -983996 X false true X true false X 335668 190000 926920 1011844 1388363 3852795 44772142 40278810 40409292 43013349 46615270 215088863 0 0 0 45107810 40468810 41336212 44025193 48003633 218941658 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 218941658 915937 341146 359334 491673 721397 2829487 0 915937 341146 359334 491673 721397 2829487 0 452773 1753290 507935 571577 634680 3920255 46476520 42563246 42203481 45088443 49359710 225691400 0.9701 0.9622 0.01 0.0129 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS REVENUE, COLUMN A - 452773.0, COLUMN B - 1753290.0, COLUMN C - 507935.0, COLUMN D - 571577.0, COLUMN E - 634680.0, COLUMN F - 3920255.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 1883 false false 1883 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY PORTION OF MEMBERSHIP DUES ASSOCIATED WITH LOBBYING ACTIVITIES. 102600 X false false true X 1 1 205207972 127626945 77581027 19406920 15749401 3657519 29587758 27220188 2367570 83606117 OTHER SECURITIES 27969263 27969263 REFUNDABLE ENTRANCE FEE 199831005 PREMIUM ON BOND PAYABLE 1984569 SECURITY DEPOSITS 18800 201834374 55992814 3225627 58869 3284496 52708318 314710 0 314710 53023028 73386899 17535458 17535458 55851441 314710 0 314710 56166151 Schedule D, Part X, Line 2 ASC 740 FOOTNOTE MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections THE ART COLLECTION PROVIDES EMOTIONAL AND PSYCHOSOCIAL SUPPORT TO THE OSBORN'S RESIDENTS AND THEIR LOVED ONES. THE BREADTH OF THE COLLECTION APPEALS TO A DIVERSE GROUP OF RESIDENTS, AND IS EASILY ACCESSIBLE TO OLDER ADULTS AND PERSONS OF ALL ABILITIES. Schedule D, Part IV, Line 2b Explanation of escrow agreement WAITING LIST DEPOSITS HELD IN CASH ESCROW ACCOUNTS ARE HELD ON BEHALF OF FUTURE RESIDENTS. ADDITIONALLY, RESIDENT FUNDS DEPOSITS ARE HELD IN CASH ACCOUNTS SEPARATE FROM REGULAR CASH OF THE ORGANIZATION. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 RENTAL EXPENSES - 7131 CHANGE IN LIFE INSURANCE - 51738 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 RENTAL EXPENSES - 7131 TERMINATION LOSS OF DEFINED BENEFIT PLAN - 17356550 NET PERIODIC BENEFIT COST - 171777 Europe (Including Iceland and Greenland) 0 0 Investments 825538 East Asia and the Pacific 0 0 Investments 5943952 South Asia 0 0 Investments 4275238 0 0 0 0 0 0 11044728 0 11044728 false false false false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EAST ASIA AND THE PACIFI; EUROPE (INCLUDING ICELAND AND GREENLAND; SOUTH ASI true PORT CHESTER-RYE-RYE BROOK EMERGENCY MEDICAL SERVICES INC 417 ELLENDALE AVENUE PORT CHESTER NY 10573 136272694 501(C)(3) 160000 EMERGENCY MEDICAL SERVICES THE CITY OF RYE 1051 Boston Post Road RYE NY 10580 THE CITY OF RYE 100000 SENIOR RECREATION 2 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE USE OF GRANT FUNDS IS MONITORED BY THE ORGANIZATION'S BOARD OF TRUSTEES. THE BOARD MUST APPROVE THE RELEASE OF FUNDS, BUT MAY AUTHORIZE THE OSBORN STAFF TO AUTHORIZE THE ORGANIZATION'S DONATIONS TO NON-PROFITS IN KEEPING WITH THE COMMUNITY RELATIONS PROGRAM. X true true X X X X X X false true false false false false false true false MATTHEW ANDERSON PRESIDENT/CEO 336147 164071 67413 32904 16882 8240 9979 4871 36747 17936 467168 228022 0 0 ROBERT S DAVIS CFO AND TREASURER 246401 120268 39682 19368 19808 9668 9979 4871 39097 19083 354967 173258 0 0 CHRISTOPHER FERRERI CHIEF OPERATING OFFICER 339044 0 43071 0 24736 0 14850 0 56210 0 477911 0 0 0 ELIZABETH ROSSI VP HUMAN RESOURCES 218326 0 10818 0 2633 0 10389 0 54238 0 296404 0 0 0 STEPHANIE LARSEN VP AND GENERAL COUNSEL 225783 0 11354 0 1484 0 10690 0 42018 0 291329 0 0 0 ANDY GOOLCHARAN VP INFORMATION TECHNOLOGY 201191 0 9173 0 1214 0 9191 0 2965 0 223734 0 0 0 CHRISTA PICCIANO-DANIELLO VP SALES 194821 0 9661 0 1245 0 9278 0 53244 0 268249 0 0 0 RICHARD SGAGLIO VP MARKETING AND FUNDRAISING 140910 68777 5392 2632 2499 1220 6452 3149 11400 5564 166653 81342 0 0 ZENAE M MERCHANT ADMINISTRATOR 198472 0 3000 0 119 0 9188 0 16964 0 227743 0 0 0 GOPAL PATEL DIR. OF FINANCIAL REPORTING 162168 0 0 0 792 0 8042 0 42289 0 213291 0 0 0 MICHAEL D FREDDINO CONTROLLER 185380 0 3000 0 516 0 8853 0 37570 0 235319 0 0 0 ANDREW HORN DIRECTOR OF DINING 175487 0 3000 0 792 0 8277 0 37013 0 224569 0 0 0 ROBERT D'Elia Rehab DIrector 150734 0 3000 0 180 0 7357 0 53244 0 214515 0 0 0 Schedule J, Part I, Line 1a Housing allowance or residence for personal use THE CEO AND DIRECTOR OF FACILITIES AND PROPERTY RESIDE ON CAMPUS AS REQUIRED BY THE OSBORN AS A CONDITION OF EMPLOYMENT. THIS BENEFIT QUALIFIES UNDER SECTION 119 OF THE IRS CODE AND IS NON-TAXABLE. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan IN 2023, THE FOLLOWING INDIVIDUALS PARTICIPATED A IN 457(B) PLAN: MATTHEW ANDERSON: $15,086 ROBERT S. DAVIS: $15,086 CHRISTOPHER FERRERI: $22,500 Schedule J, Part I, Line 7 Non-fixed payments THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES ALL BONUSES FOR THE OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES. WHEN CALCULATING THE BONUSES, THEY BASE IT ON INDIVIDUAL PERFORMANCE. A WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION 455135576 95737TEG1 2019-04-25 31053262 TO REFUND 2012 BONDS false false false A 0 0 31053676 0 0 0 539410 0 0 0 31053676 7082 true false false true A false true false false 0.0013 0.0002 0.0015 false false true A false true false false false true A true Schedule K, Part V Different Procedures to Undertake Corrective Action Issuer name: WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION ESCROW EARNINGS AS OF 12/31/2022 : $114.73 DESCRIPTION OF PURPOSE: TO REFUND THE 2012 BOND PART II LINE 3 TOTAL PROCEEDS OF ISSUE CONSISTS OF THE FOLLOWING ISSUE PROCEEDS 04/25/2019 - $31,053,261.50 ESCROW EARNINGS AS OF 12/31/2023 - $414.51 TOTAL PROCEEDS OF ISSUE - $31,053,676.01 Form 990, Part VI, Line 6 Classes of members or stockholders THE SOLE MEMBER OF THE ORGANIZATION IS THE OSBORN NETWORK, A NEW YORK NOT-FOR-PROFIT CORPORATION. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE OSBORN NETWORK, INCORPORATED MAY ELECT ONE OR MORE TRUSTEES OF THE GOVERNING BODY. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE SOLE MEMBER MUST APPROVE ANY CHANGES TO THE BY-LAWS AND APPOINTS TRUSTEES TO THE BOARD OF TRUSTEES. Form 990, Part VI, Line 11b Review of form 990 by governing body THE 990 WAS REVIEWED BY THE CFO, THE CONTROLLER, THE DIRECTOR OF FINANCIAL REPORTING AND INTERNAL AUDIT, AND THE BOARD OF TRUSTEES PRIOR TO BEING SUBMITTED TO THE IRS. ANY ISSUES WITH THE 990 ARE PRESENTED TO THE CFO. THE AUDIT COMMITTEE MUST APPROVE ANY CHANGES. Form 990, Part VI, Line 12c Conflict of interest policy OFFICERS, DIRECTORS, AND KEY EMPLOYEES FOLLOW THE CONFLICT OF INTEREST POLICY SET FORTH BY MIRIAM OSBORN MEMORIAL HOME ASSOCIATION. IF ANY CONFLICT OF INTEREST EXISTS, IT MUST BE DISCLOSED TO THE BOARD PRIOR TO IMPORTANT DECISION VOTES TAKEN. IF THE AUDIT COMMITTEE DETERMINES THAT A CONFLICT OF INTEREST DOES EXIST, THE INDIVIDUAL ASSOCIATED WITH THE CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS RELATING TO THAT CONFLICT. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE OSBORN CONTRACTED WITH SULLIVAN COTTER TO CONDUCT AN EXECUTIVE COMPENSATION STUDY IN 2022, which was completed in early 2023. THE OSBORN WILL CONDUCT AN EXECUTIVE COMPENSATION STUDY as directed by the Board, which will be every three years at a minimum. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE OSBORN'S COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ESTABLISHES COMPENSATION, WHICH IS THEN SUBMITTED FOR REVIEW AND APPROVAL THE BOARD. TO DETERMINE COMPENSATION, THE COMPENSATION COMMITTEE UTILIZES AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS, 990 OF OTHER ORGANIZATIONS, AND WRITTEN EMPLOYMENT CONTRACT. SALARIES WERE LAST REVIEWED IN 2023 AND PERFORMANCE EVALUATIONS ARE REVIEWED ON AN ANNUAL BASIS. Form 990, Part VI, Line 19 Required documents available to the public THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances ADJUSTMENT TO MINIMUM PENSION LIABILITY - 16492593; INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE - 51738; NET PERIODIC BENEFIT COST AND POSTRETIREMENT BENEFIT - -171777; TERMINATION LOSS OF DEFINED BENEFIT PLAN - -17356550; STERLING HOME CARE INC 101 THEALL ROAD RYE NY 10580 133890611 HOME CARE NY 501(c)(3) 10 OSBORN NTWRK false THE OSBORN NETWORK INCORPORATED 101 THEALL ROAD RYE NY 10580 463093940 SOLE MEMBER NY 501(c)(3) Type II NA false THE OSBORN FOUNDATION 101 THEALL ROAD RYE NY 10580 474600665 RAISE FUNDS NY 501(c)(3) Type II OSBORN NTWRK false false false true false false false false false false true false false true true true false true false false