2023-05-09T12:45:43-05:00 2022-06-30 366055558 GRANT THORNTON LLP 2001 MARKET STREET SUITE 700 PHILADELPHIA PA 19103 990 2021-07-01 210672770 BANCROFT A NEW JERSEY NON PROFIT CORPORATION BANC 8563481196 1255 CALDWELL ROAD CHERRY HILL NJ 08034 JENNIFER CRIPPS CFO & TREASURER 8563481196 2023-05-09 1 JENNIFER CRIPPS 999009999 RUSSLEE ARMSTRONG P00288383 2155614200 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z BANCROFT NEUROHEALTH A NEW JERSEY NON PROFIT CORPORATION TONI PERGOLIN 1255 CALDWELL ROAD CHERRY HILL NJ 08034 223228778 0 X WWW.BANCROFT.ORG X 1928 NJ PROGRAMS AND SERVICES FOR INDIVIDUALS WITH A VARIETY OF CHALLENGING DIAGNOSES. 17 16 3540 23 0 0 4918347 1618333 191281326 210791000 2630479 2229694 6018 58973 198836170 214698000 0 0 0 0 153431341 160783725 0 0 820685 43541197 49336612 196972538 210120337 1863632 4577663 223345789 217977492 174514207 169736088 48831582 48241404 X SEE SCHEDULE OBANCROFT IS A LEADING REGIONAL NONPROFIT PROVIDER OF PROGRAMS AND SERVICES FOR INDIVIDUALS WITH A VARIETY OF CHALLENGING DIAGNOSES, INCLUDING AUTISM, OTHER INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, BRAIN INJURY AND SEVERE BEHAVIOR DISORDERS. THE ORGANIZATION PROFOUNDLY IMPACTS CHILDREN AND ADULTS LIVING WITH DISABILITIES BY DELIVERING HIGH-QUALITY SERVICES TO EMPOWER THEM TO REALIZE THEIR BEST LIFE. BANCROFT SETS THE STANDARD OF EXCELLENCE IN SERVICES FOR PEOPLE WITH DISABILITIES AND PROFESSIONALS IN THE FIELD THROUGH A CULTURE OF LEARNING, INNOVATIVE TREATMENT, AND TRANSFORMATIONAL RESEARCH, ALL LEADING TO OUTSTANDING OUTCOMES. 0 0 179172255 0 210791000 SEE SCHEDULE OBANCOFT OWNS AND OPERATES 4 SCHOOLS, 3 RESIDENTIAL CAMPUSES, 3 BANCROFT NEUROREHAB OUTPATIENT CENTERS AND 275 GROUP HOMES/SUPPORTED APARTMENTS IN NEW JERSEY, PENNSYLVANIA AND DELAWARE SERVING APPROXIMATELY 2,200 INDIVIDUALS ANNUALLY. INTEGRATED HEALTH & WELLNESS: BANCROFT HEALTHCARE SERVICES ARE PROVIDED ON-SITE AND IN-PROGRAM BY A SPECIALIZED TEAM OF LICENSED INDEPENDENT PRACTITIONERS. THE TEAM IS RESPONSIBLE FOR INTERLACING MEDICAL CARE AND COORDINATING APPOINTMENTS AND MEDICAL INFORMATION FOR THE BETTERMENT OF THOSE WE SERVE. ONSITE MEDICAL AND PSYCHIATRY CARE IS AVAILABLE IN MANY LOCATIONS. APPLIED BEHAVIOR ANALYSIS CENTER OF EXCELLENCE: DEDICATED TO ACHIEVING EVIDENCE-BASED OUTCOMES, BANCROFT'S ABA CENTER OF EXCELLENCE IS A UNIQUE RESOURCE IN THE REGION PROVIDING A TRULY UNPARALLELED PATH TO QUALITY OF LIFE FOR CHILDREN, ADULTS AND THEIR FAMILIES WHILE ENSURING INTERNAL CLINICAL QUALITY.BANCROFT NEUROREHAB: WORKING WITH INDIVIDUALS WITH NEUROLOGICAL AND DEVELOPMENTAL CHALLENGES, WE OPTIMIZE FUNCTIONING ACROSS ENVIRONMENTS THROUGH EVIDENCE-BASED EDUCATIONAL, CONSULTATIVE, REHABILITATION THERAPIES AND ACCESSIBILITY SERVICES. 179172255 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 179 0 1 3540 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 16 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X JENNIFER CRIPPS 8563481196 1255 CALDWELL RD CHERRY HILL NJ 08034 TONI PERGOLIN PRESIDENT AND CEO 44.00 1.00 X X 616533 0 44642 JOHN MCSHANE ESQ CHAIRMAN 1.00 0.00 X 0 0 0 JOHN C FLAMMA JR MD FIRST VICE CHAIR 1.00 0.00 X 0 0 0 LISA ALBERTS TRUSTEE 1.00 0.00 X 0 0 0 ANN T ANTHONY TRUSTEE 1.00 0.00 X 0 0 0 MARTIN A BIEBER TRUSTEE 1.00 0.00 X 0 0 0 NATHAN JON BLUM MD TRUSTEE 1.00 0.00 X 0 0 0 CALVIN L CASS TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM HOOPER JR TRUSTEE 1.00 0.00 X 0 0 0 LAURA R KUNTZ ESQ TRUSTEE 1.00 0.00 X 0 0 0 ADAM B LANDAU TRUSTEE 1.00 0.00 X 0 0 0 BRAD MOLOTSKY ESQ TRUSTEE 1.00 0.00 X 0 0 0 BRIAN PROPP TRUSTEE 1.00 0.00 X 0 0 0 SHAWN RAVITZ TRUSTEE 1.00 0.00 X 0 0 0 MAUREEN J SACCHETTI TRUSTEE 1.00 0.00 X 0 0 0 HEATHER STEINMILLER ESQ TRUSTEE 1.00 0.00 X 0 0 0 JASON WOLF TRUSTEE 1.00 0.00 X 0 0 0 ANDREA A AGNEW TRUSTEE (TO 07/2021) 1.00 0.00 X 0 0 0 JENNIFER CRIPPS TREASURER/CFO 43.00 2.00 X 298096 0 3024 KATHY ROSS SECRETARY/EXECUTIVE LIAISON 43.00 2.00 X 124774 0 22600 JAMES WELLONS CHIEF LEGAL OFFICER 40.00 0.00 X 293242 0 11974 JAMES CARLINO CHIEF HR OFFICER 40.00 0.00 X 251999 0 18298 DENNIS MORGAN SENIOR VP, CHILDRENS SERVICES 40.00 0.00 X 241328 0 10868 JANE FEMIA BAIDER SENIOR VP, NEUROREHAB 40.00 0.00 X 235418 0 15094 JUDITH LONDON CHIEF STRATEGY OFFICER 40.00 0.00 X 229186 0 18212 JOSEFINA NASH SVP OF BUSINESS OPERATIONS 40.00 0.00 X 219802 0 3313 2510378 0 148025 47 0 1 0 VOORHEES PEDIATRIC REHAB SERVICES 1304 LAUREL OAK ROAD VOORHEES NJ 08043 REHABILITATION SERVICES 1350429 MED-METRIX LLC 9 ENTIN ROAD PARSIPPANY NJ 07054 REVENUE RECOVERY SERVICES 1168094 IOA RE LLC 190 W GERMANTOWN PIKE EAST NORRITON PA 19401 UNDERWRITING SERVICES 878090 ON SITE INNOVATIONS INC 501 FAIRMOUNT AVENUE STE 302 TOWSON MD 21286 OCCUPATIONAL HEALTH SERVICES 706593 DEX & CO LLC 90 GROVE STREET UNIT 3 SOMERVILLE NJ 08876 JANITORIAL SERVICES 638235 31 251905 564200 802228 119435 1618333 NET CLIENT REVENUE 611710 210791000 210791000 210791000 2067284 2067284 8288104 309831 8435525 0 -147421 309831 162410 162410 145870 251905 95253 50617 50617 INTEREST-SPLIT DOLLAR 901101 8356 8356 8356 214698000 210791000 0 2288667 964327 578596 385731 125338464 112294263 12426773 617428 820968 729913 87042 4013 24216234 22209983 1939204 67047 9443732 8473292 927571 42869 439941 11632 428309 231504 83461 148043 120000 120000 4714224 2136464 2554102 23658 794286 476572 317714 12070870 9863793 2150474 56603 2074439 184841 1884793 4805 10421981 9750968 671013 1677891 1261515 416376 203825 119910 79940 3975 5307425 4319254 987884 287 7561881 4402835 3159046 2370713 1422428 948285 RECRUITMENT 631113 378668 252445 RESIDENT ACTIVITIES 385164 385164 BANK CHARGES 331355 88703 242652 210120337 179172255 30127397 820685 9760948 8687901 0 0 70898 0 25873411 16178948 148951 330552 0 0 0 0 0 0 2495132 2609214 170658693 56129297 110492475 114529396 28529600 31095676 57633 57633 302840 313559 45613901 44174613 223345789 217977492 27602556 28779154 0 5134730 0 96700296 94719062 0 0 9655087 12311595 35421538 33926277 174514207 169736088 X 45822904 45431051 3008678 2810353 48831582 48241404 223345789 217977492 X 4577663 -5136586 -31255 X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 120000 0 1 120000 0 DIRECT CONTACT - SCHEDULE C, PART II-B, LINE 1G THE ORGANIZATION PAID AN INDEPENDENT FIRM $120,000 TO PROVIDE LOBBYING CONSULTING SERVICES AND TO ENGAGE IN LOBBYING EFFORTS ON BEHALF OF THE ORGANIZATION TO SUPPORT THE PROGRAMS THAT ARE OFFERED. OTHER ACTIVITIES - SCHEDULE C, PART II-B, LINE 1I BANCROFT PAYS ASSOCIATION DUES TO DELAWARE ASSOCIATION OF REHABILITATION FACILITIES, NEW JERSEY ASSOCIATION OF COMMUNITY PROVIDERS, NEW JERSEY ALLIANCE FOR CHILDREN, YOUTH & FAMILIES, AND BRAIN INJURY ALLIANCE NEW JERSEY. ALL OF THESE ORGANIZATIONS USE A PORTION OF DUES COLLECTED FOR LOBBYING ACTIVITIES. 2033946 25000 2058946 2033946 2033946 1933946 100000 2033946 1933946 1933946 1932915 1031 1933946 1.00000 0 0 8042129 8042129 121021196 30478281 90542915 3706668 1186336 2520332 17542558 13605414 3937144 20346142 10859266 9486876 114529396 RIGHT-OF-USE ASSET OPERATING LEASES 33228944 DEBT SERVICE RESERVE FUND 7606966 INTERCOMPANY RECEIVABLE 1600970 ACCTS RECEIVABLE-DEVELOPMENT LT 624111 WORKERS COMPENSATION TRUST FUND 588109 CAPITALIZED INTEREST FUND 314522 CHARITABLE GIFT ANNUITY FUND 173504 CONSTRUCTION FUND 37487 44174613 X PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS THE ORGANIZATION'S ENDOWMENT FUNDS ARE PERMANENTLY RESTRICTED. INCOME FROM ENDOWMENT IS UNRESTRICTED AND USED FOR OPERATIONS. PART X, LINE 2: FIN 48 (ASC 740) FOOTNOTE BANCROFT FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THE POSITION IS "MORE LIKELY THAN NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 BANCROFT'S RACIALLY NONDISCRIMINATORY POLICY IS INCLUDED IN THE ADMISSION PACKETS DISTRIBUTED FOR ALL SCHOOLS OPERATED BY BANCROFT AND IS ALSO LOCATED ON THE BANCROFT WEBSITE. SCHEDULE E, PART I, LINE 6 FUNDING OF STUDENTS/RESIDENTS MAY BE THROUGH STATE AGENCIES. GOLF 176295 107895 68400 51906 SIP, SWIRL & SUPPORT 188458 140258 48200 41868 2 33022 3752 29270 1479 397775 251905 145870 95253 95253 50617 X X 0 1 0 0 0 0 0 1 0 TONI PERGOLIN PRESIDENT AND CEO 551533 0 65000 0 0 0 25300 0 19342 0 661175 0 0 0 JAMES WELLONS CHIEF LEGAL OFFICER 271813 0 0 0 21429 0 5258 0 6716 0 305216 0 0 0 JENNIFER CRIPPS TREASURER/CFO 261667 0 15000 0 21429 0 2823 0 201 0 301120 0 0 0 JAMES CARLINO CHIEF HR OFFICER 230570 0 0 0 21429 0 4499 0 13799 0 270297 0 0 0 DENNIS MORGAN SENIOR VP, CHILDRENS SERVICES 222042 0 5000 0 14286 0 4413 0 6455 0 252196 0 0 0 JANE FEMIA BAIDER SENIOR VP, NEUROREHAB 216132 0 5000 0 14286 0 3922 0 11172 0 250512 0 0 0 JUDITH LONDON CHIEF STRATEGY OFFICER 207757 0 0 0 21429 0 4009 0 14203 0 247398 0 0 0 JOSEFINA NASH SVP OF BUSINESS OPERATIONS 205516 0 0 0 14286 0 3112 0 201 0 223115 0 0 0 PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE ORGANIZATION HAS A SPLIT DOLLAR POLICY WHICH IS DESCRIBED IN SCHEDULE L. ADDITIONALLY, SOME INDIVIDUALS LISTED ON PART VII PARTICIPATE IN AN INSURANCE POLICY PROGRAM - SEE PART II, COLUMN B(III). PART I, LINE 7 NONFIXED PAYMENTS INCENTIVE COMPENSATION PAYMENTS WERE MADE TO MEMBERS OF THE EXECUTIVE TEAM BASED ON PERFORMANCE AGAINST GOALS SET PRIOR TO THE START OF THE FISCAL YEAR. THE AMOUNTS OF THE PAYMENTS RANGED BETWEEN $5,000 AND $65,000. A PUBLIC FINANCE AUTHORITY 273866124 74442PCQ6 2016-08-25 82925486 FUND CONSTRUCTION OF NEW CAMPUS 0 0 0 B NJ ECONOMIC DEVELOPMENT AUTHORITY 222045817 64577HSQ5 2016-08-25 18744553 REFUND 2002 AND 2008; CONSTRUCTION 0 0 0 A 7813934 82925486 5536471 7155276 1936135 68280443 19192 2017 0 0 1 1 B 1170707 18744553 1681838 383987 9759507 6919837 2017 1 0 0 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 B 0 1 0 0 0 0 0 0 0 A 0 B 0 SCHEDULE K, PART I, LINE B, COLUMN C PUBLIC FINANCE AUTHORITY CUSIP NUMBERS: 74442PCF0 74442PCG8 74442PCH6 74442PCJ2 74442PCK9 74442PCL7 74442PCM5 74442PCN3 74442PCP8 74442PCQ6 74442PCR4 SCHEDULE K, PART I, LINE B, COLUMN C NJ ECONOMIC DEVELOPMENT AUTHORITY CUSIP NUMBERS: 64577HSD4 64577HSE2 64577HSF9 64577HSG7 64577HSN2 64577HSP7 64577HSQ5 SCHEDULE K, PART I, LINE B, COLUMN F DESCRIPTION OF PURPOSE REFUND OF BONDS 2002 AND 2008; REFUND OF MORTGAGE. TONI PERGOLIN PRESIDENT / CEO FUND PURCHASE OF SPLIT DOLLAR POLICY X 409000 330552 0 1 1 330552 X 15395 COST X 3 104040 COST 0 0 1 SCHEDULE M, PART I, COLUMN B NUMBER OF CONTRIBUTIONS. THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS. SCHEDULE M, PART I, LINE 32A BANCROFT USES AN UNRELATED THIRD PARTY TO SELL DONATED PUBLICLY TRADED SECURITIES UPON RECEIPT. FORM 990, PART VI, SECTION B, LINE 11B PROCESS USED TO REVIEW THE FORM 990 MANAGEMENT PRESENTS AND REVIEWS A DRAFT OF THE FORM 990 WITH THE AUDIT COMMITTEE FOR ITS APPROVAL PRIOR TO FILING. THIS GENERALLY TAKES PLACE AT THE APRIL AUDIT COMMITTEE MEETING. PRIOR TO FINALIZING, A COPY OF FORM 990, AS ULTIMATELY FILED WITH THE INTERNAL REVENUE SERVICE, IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY VIA EMAIL. FORM 990, PART VI, SECTION B, LINE 12C MONITORING AND ENFORCEMENT OF COMPLIANCE WITH CONFLICT OF INTEREST POLICY COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED REGULARLY AND CONSISTENTLY. ON AN ANNUAL BASIS, TRUSTEES, OFFICERS, KEY EMPLOYEES AND CERTAIN OTHER EMPLOYEES WITH SIGNIFICANT DECISION-MAKING AUTHORITY ARE ASKED TO COMPLETE A DISCLOSURE STATEMENT AND QUESTIONNAIRE FORM, WHICH ARE THEN REVIEWED BY THE CHIEF FINANCIAL OFFICER AND THE FINANCE COMMITTEE FOR THE EXISTENCE OF POTENTIAL CONFLICTS. ALL POTENTIAL CONFLICTS ARE REFERRED TO THE FULL BOARD, WHICH MAKES A DETERMINATION AS TO WHETHER THE APPLICABLE MEMBER SHOULD RECUSE HIMSELF OR HERSELF FROM DELIBERATIONS AND DECISIONS ON THE MATTER AT HAND. IF THE BOARD DETERMINES THAT A CONFLICT MAY EXIST, AND THE CONFLICTING INDIVIDUAL DOES NOT VOLUNTARILY RECUSE HIMSELF OR HERSELF, THE CONFLICTING INDIVIDUAL IS PROHIBITED FROM PARTICIPATION IN ANY OF THE BOARD'S DELIBERATIONS AND DECISIONS RELATED TO THE MATTER. THE CORPORATE SECRETARY FILES AND MAINTAINS COPIES OF ALL COMPLETED ANNUAL DISCLOSURE STATEMENTS. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S C-LEVEL OFFICERS, INCLUDING THAT OF ITS CHIEF EXECUTIVE OFFICER. THE ORGANIZATION, PRIOR TO FILLING THE ROLE, PERFORMS AN INDEPENDENT COMPENSATION ANALYSIS FOR EACH VACANT OR NEW POSITION WITH RESPECT TO ITS OTHER EXECUTIVES AND KEY EMPLOYEES, TAKING INTO CONSIDERATION MANY OF THE SAME FACTORS USED TO DETERMINE THE REASONABLENESS OF ITS CEO AND OTHER KEY EMPLOYEES' COMPENSATION. AN INDEPENDENT COMPENSATION ANALYSIS IS ALSO PERFORMED UPON REQUEST FOR ANY POSITION THAT IS CURRENTLY OCCUPIED. THE MOST RECENT STUDY REVEALED THAT THE COMPENSATION AND BENEFITS RECEIVED BY EACH INDIVIDUAL IS REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 PROCESS FOR MAKING DOCUMENTS AVAILABLE TO THE PUBLIC THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOAN ADJUSTMENT-SPLIT DOLLAR POLICY -31,255. MULLICA HILL SNH INC 1255 CALDWELL ROAD CHERRY HILL NJ 08034 272704950 HOUSING NJ 501(C)(3) LINE 12A, I BANCROFT 1 MARCROFT MEDICAL ASSOCIATES PC (DISSOLVED 3122) 1255 CALDWELL ROAD CHERRY HILL NJ 08034 475139116 MED PRACTICE NJ 501(C)(3) LINE 10 BANCROFT 1 BRICK SNH URBAN RENEWAL LP 1255 CALDWELL ROAD CHERRY HILL NJ 08034 431985311 LOW INCOME HOUSING NJ BANCROFT RELATED -79128 1802152 0 1 0.00010 BNH URBAN RENEWAL LP 1255 CALDWELL ROAD CHERRY HILL NJ 08034 223766289 LOW INCOME HOUSING NJ BANCROFT RELATED 32238 2687958 0 1 0.99990 BNH OF BRICK INC 1255 CALDWELL ROAD CHERRY HILL NJ 08034 061676634 LOW INCOME HOUSING NJ BANCROFT C -11 57279 1.00000 1 BNH OF ECHELON INC 1255 CALDWELL ROAD CHERRY HILL NJ 08034 223752475 LOW INCOME HOUSING NJ BANCROFT C 3 -155723 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0