2023-11-11T23:09:25-06:00 2022-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2022-01-01 223701092 SJF CCRC INC SJFC 8566792211 1110 LAUREL OAK ROAD VOORHEES NJ 08043 DAVID THOMPSON CHIEF EXECUTIVE OFFICER 8566792211 2023-11-10 1 DAVID THOMPSON 999009999 0 KERRI N BOGDA CPA P00760402 7177404863 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LIONS GATE DAVID THOMPSON 1110 LAUREL OAK ROAD VOORHEES NJ 08043 34960285 0 X WWW.LIONSGATECCRC.ORG X 1999 NJ CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES. 23 23 344 0 68393 67393 1035749 859941 28589061 31789291 1053466 889613 311294 370640 30989570 33909485 0 0 0 0 12594731 14002781 0 0 100694 19982697 21738373 32577428 35741154 -1587858 -1831669 105324676 99769719 98929902 98856640 6394774 913079 X SJF-CCRC, INC., A NON-PROFIT AGENCY, IS COMMITTED TO PROVIDING THE BENEFITS OF QUALITY HOUSING AND COMPASSIONATE HEALTHCARE SERVICES TO SENIOR RESIDENTS AND THEIR FAMILIES. CONTINUED ON SCHEDULE "O".OUR COMMUNITY BASED HOUSING CREATES A DIGNIFIED AND RESPECTFUL ENVIRONMENT CONSISTENT WITH JEWISH VALUES. THROUGH COLLABORATIVE PARTNERSHIPS, WE HONOR OUR SENIORS AND STRIVE TO OFFER THEM EXCELLENT PROGRAMS TO ENHANCE THEIR SOCIAL, CULTURAL AND SPIRITUAL WELL-BEING. 0 0 29808824 31789291 SJF-CCRC, INC. IS A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING INDEPENDENT AND ASSISTED LIVING AS WELL AS SKILLED NURSING AND REHABILITATION FACILITIES TO THE ELDERLY POPULATION. AS A FULL-SERVICE CONTINUING CARE RETIREMENT COMMUNITY, SENIOR LIVING OPTIONS RANGE FROM INDEPENDENT LIVING TO A FULL CONTINUUM OF ON-SITE CARE - ASSISTED LIVING, SKILLED NURSING AND LONG-TERM CARE, SHORT-TERM AND OUTPATIENT REHABILITATION, MEMORY CARE AND HOME CARE. OUR RESIDENTS ENJOY AN INDEPENDENT, ENGAGING AND WORRY-FREE LIFESTYLE. THERE ARE 164 INDEPENDENT LIVING UNITS, 70 ASSISTED LIVING UNITS, 78 SKILLED NURSING BEDS AND 32 REHABILITATION BEDS. THE COMMUNITY IS LOCATED IN VOORHEES, NJ. 29808824 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 173 0 344 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 23 23 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X DAVID THOMPSON CEO 8566792211 1110 LAUREL OAK ROAD VOORHEES NJ 08043 BRIAN ZELL MD PRESIDENT 0.50 0.50 X X 0 0 0 MARK ADLER VICE PRESIDENT 0.50 0.50 X X 0 0 0 IAN D MEKLINSKY ESQ VICE PRESIDENT 0.50 0.50 X X 0 0 0 JIM FEIGENBAUM VICE PRESIDENT 0.50 0.50 X X 0 0 0 MICHAEL FRANKEL TREASURER 0.50 0.50 X X 0 0 0 NAOMI SCHIMMER SECRETARY 0.50 0.50 X X 0 0 0 ALISON PLATT-TARNOPOL IMMEDIATE PAST PRESIDENT 0.50 0.50 X X 0 0 0 JD ABRAMS TRUSTEE 0.50 0.50 X 0 0 0 CARL H BAGELL CPA TRUSTEE 0.50 0.50 X 0 0 0 NANCY EPSTEIN TRUSTEE 0.50 0.50 X 0 0 0 LARRY GOTTLIEB TRUSTEE 0.50 0.50 X 0 0 0 LAURA GOTTLIEB TRUSTEE 0.50 0.50 X 0 0 0 DAVID GUTIN ESQ TRUSTEE 0.50 0.50 X 0 0 0 SUSAN HERRON TRUSTEE 0.50 0.50 X 0 0 0 AMANDA KAMINER TRUSTEE 0.50 0.50 X 0 0 0 HEATHER KRAMER TRUSTEE 0.50 0.50 X 0 0 0 ANDREA ANDI LEVIN TRUSTEE 0.50 0.50 X 0 0 0 ARTHUR MILGRIM TRUSTEE 0.50 0.50 X 0 0 0 NANCY PERILSTEIN TRUSTEE 0.50 0.50 X 0 0 0 MARK R ROSEN ESQ TRUSTEE 0.50 0.50 X 0 0 0 GLENN SLOVES TRUSTEE 0.50 0.50 X 0 0 0 MARK SOBEL TRUSTEE 0.50 0.50 X 0 0 0 LEORA WAICHE TRUSTEE 0.50 0.50 X 0 0 0 MICHAEL GREENSPUN TRUSTEE (UNTIL 06/22) 0.50 0.50 X 0 0 0 DAVID THOMPSON CHIEF EXECUTIVE OFFICER 39.00 1.00 X 288444 0 39203 MEREDITH BECKER CHIEF OPERATIONAL OFFICER 39.00 1.00 X 199302 0 12456 SHEILA ALLOTEY-ADDO NURSING-RN 40.00 X 145422 0 0 ANGELA STEVENS IL SALES COORDINATOR 40.00 X 128320 0 20491 TATINA CARR NURSING DIRECTOR 40.00 X 128554 0 8035 CRISTINA PALELLA NURSING HOME ADMIN 40.00 X 129080 0 22923 RANDOLPH TALUSAN NURSING - RN 40.00 X 134825 0 8427 1153947 0 111535 17 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SVC, EVS, LAUNDRY 5843078 ALEXANDER REID HOME CONSTRUCTION 570 HOPEWELL ROAD MARLTON NJ 08053 REMODELING / RENOVATIONS 928325 AREA 51 LAWNCARE & LANDSCAPING LLC 516 ELM AVE AUDUBON NJ 08106 LANDSCAPING 354732 GALE HEALTHCARE SOLUTIONS LLC PO BOX 4729 WINTER PARK FL 327934729 TEMP. NURSE STAFFING 323254 ALL AMERICAN HEALTHCARE SERVICES INC PO BOX 825968 PHILADELPHIA PA 19182 TEMP. NURSE STAFFING 250945 17 181920 678021 859941 NET RESIDENT SERVICE REVENUE 623000 31789291 31789291 31789291 733539 68393 665146 55386 22674 32712 32712 32712 1081879 925805 156074 156074 156074 102321 181920 102321 0 REFUNDS 900099 86889 86889 MEALS REVENUE 900099 70425 70425 MANAGEMENT FEES 900099 64515 64515 116099 116099 337928 33909485 31789291 68393 1191860 11344405 9394227 1886626 63552 135631 72031 63600 1644107 1225987 416855 1265 878638 726450 147704 4484 84218 84218 96590 96590 21234 21234 3243206 2939386 303820 403591 382327 21264 903413 374633 523853 4927 145326 549 144777 1904827 1904827 13071 8835 4236 9667 7516 2151 2749807 2749807 3394267 3394267 861969 861969 CATERING/FOOD SERVICE 4767267 4766354 913 MEDICAL SUPPLIES 691927 691927 REPAIRS & MAINTENANCE 656872 654799 2073 BAD DEBT EXPENSE 348890 348890 1442231 897229 539800 5202 35741154 29808824 5831636 100694 298578 979555 38104 28287 105068 241000 1860367 2057807 684990 824305 109878976 45770783 65654551 64108193 21238017 17165728 75000 75000 15370001 14289844 105324676 99769719 3954471 3978458 7736905 8372923 52971289 51801749 34267237 34703510 98929902 98856640 X 3220701 -2239438 3174073 3152517 6394774 913079 105324676 99769719 X -1831669 -2607886 -1042140 X 0 1 X 1 0 X 691928 779050 3778535 1035749 859941 7145203 27451494 28166145 26239131 28589061 31789291 142235122 28143422 28945195 30017666 29624810 32649232 149380325 0 0 0 149380325 546914 542909 284432 840480 720532 2935267 546914 542909 284432 840480 720532 2935267 70435 64804 68383 203622 290529 328108 2017756 334555 440249 3411197 28980865 29816212 32390289 30864649 33878396 155930411 0.95800 0.96050 0.01880 0.01680 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: BEAUTY BARBER REVENUE - 2019 AMOUNT: $ 12,930. 2020 AMOUNT: $ 4,716. 2021 AMOUNT: $ 5,855. 2022 AMOUNT: $ 7,722. INSURANCE REIMBURSEMENT - MANAGEMENT FEES - 2018 AMOUNT: $ 165,000. 2019 AMOUNT: $ 165,000. 2020 AMOUNT: $ 116,196. 2021 AMOUNT: $ 169,373. 2022 AMOUNT: $ 64,515. MEALS REVENUE - 2018 AMOUNT: $ 76,778. 2019 AMOUNT: $ 64,048. 2020 AMOUNT: $ 81,584. 2021 AMOUNT: $ 56,927. 2022 AMOUNT: $ 70,425. MISCELLANEOUS REVENUE - 2018 AMOUNT: $ 6,710. 2019 AMOUNT: $ 32,173. 2020 AMOUNT: $ 24,695. 2021 AMOUNT: $ 1,344. 2022 AMOUNT: $ 167,372. TELEPHONE/CABLE TV REVENUE - 2018 AMOUNT: $ 42,041. 2019 AMOUNT: $ 36,141. 2020 AMOUNT: $ 24,006. 2021 AMOUNT: $ 31,710. 2022 AMOUNT: $ 26,628. ANCILLARIES - 2019 AMOUNT: $ 17,816. 2020 AMOUNT: $ 25,759. 2021 AMOUNT: $ 19,098. 2022 AMOUNT: $ 1,266. PPP LOAN FORGIVENESS INCOME - 2020 AMOUNT: $ 1,740,800. 2022 AMOUNT: $ 0. FUNDRAISING RECEIPTS - 2021 AMOUNT: $ 50,248. 2022 AMOUNT: $ 102,321. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 21234 21234 0 PART II-B, LINE 1: SJF-CCRC, INC. PAID MEMBERSHIP DUES TO LEADING AGE AND LIFESPAN OF NJ. A PORTION OF THE DUES PAID IS ALLOCABLE TO LOBBYING EXPENSES. 7139082 80176 -774971 271847 58893 6113547 6726097 94659 637153 262887 55940 7139082 6416181 100110 511753 253583 48364 6726097 5902160 251124 638239 327766 47576 6416181 6398486 96371 -265748 277240 49709 5902160 0.76110 0.05590 0.18300 1 0 6360288 6360288 95335469 38648155 56687314 3700 3700 0 8179519 7118928 1060591 64108193 REFUNDABLE DEPOSITS 112674 LEASED ASSETS UNDER RIGHT TO USE 28366 INTEREST IN NET ASSETS OF JEWISH COMMUNITY FOUNDATION 6113547 FUNDS HELD BY TRUSTEE 7812671 DUE FROM RELATED PARTY 222586 14289844 SECURITY DEPOSIT PAYABLE 88384 REFUNDABLE FEES AND DEPOSITS 34586673 CAPITAL LEASE OBLIGATIONS 28453 34703510 X 29933243 -2607886 -1374427 -3982313 33915556 -6071 -6071 33909485 35414938 22674 22674 35392264 348890 348890 35741154 PART V, LINE 4: FUNDS WILL BE UTILITIZED FOR SUPPORTING THE MISSION OF THE ORGANIZATION UNDER THE GUIDANCE OF THE BOARD OF TRUSTEES. PART X, LINE 2: LIONS GATE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2022 OR 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INTEREST IN NET ASSETS OF JEWISH COMMUNITY FOUNDATION -1,025,537. BAD DEBT EXPENSE NETTED AGAINST REVENUE ON FINANCIALS -348,890. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -22,674. BOOK TO TAX ADJUSTMENT FOR MEDREHAB ALLIANCE INVESTMENT INCOME 16,603. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 22,674. PART XII, LINE 4B - OTHER ADJUSTMENTS: BAD DEBT EXPENSE NETTED AGAINST REVENUE ON FINANCIALS 348,890. TACOS & TEQUILA 167980 103725 64255 1650 7008 4163 33824 4350 13260 SUSAN LOVE ANNUAL GOLF EVENT 79463 41397 38066 60 2198 19823 1700 14285 1 36798 36798 284241 181920 102321 1710 7008 6361 53647 6050 27545 102321 0 X X X X 0 0 0 0 0 0 0 0 0 DAVID THOMPSON CHIEF EXECUTIVE OFFICER 268001 0 3000 0 17443 0 17800 0 21403 0 327647 0 0 0 MEREDITH BECKER CHIEF OPERATIONAL OFFICER 193996 0 2000 0 3306 0 12456 0 0 0 211758 0 0 0 CRISTINA PALELLA NURSING HOME ADMIN 123895 0 1500 0 3685 0 7935 0 14988 0 152003 0 0 0 A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 64577BAR5 2014-07-02 60910712 SEE PART VI 0 0 0 A 8245000 60910712 1218214 4114778 55577720 2016 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2019 SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (F) DESCRIPTION OF PURPOSE: NEW CONSTRUCTION AND RETIREMENT OF OLD BONDS FORM 990, PART VI, SECTION A, LINE 1A THE PRESIDENT SHALL PRESIDE AT ALL MEETINGS OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS, THE IMMEDIATE PAST PRESIDENT, AND SUCH ADDITIONAL MEMBERS OF THE BOARD OF TRUSTEES AS ARE APPOINTED BY THE PRESIDENT WITH CONSENT OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL ACT FOR THE BOARD OF TRUSTEES BETWEEN REGULAR BOARD MEETINGS ON MATTERS, WHICH IN THE JUDGMENT OF THE EXECUTIVE COMMITTEE CONSTITUTE EMERGENCIES, WHICH CANNOT BE ACTED UPON IN TIME AT A REGULAR OR SPECIAL MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL PRESENT PROPOSALS TO THE BOARD OF TRUSTEES FOR ITS ACTION WITH RESPECT TO THE PROGRAMS, DIRECTION, OR MANAGEMENT OF THE FACILITIES GOVERNED BY THE CORPORATION. MINUTES OF ALL MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE MAINTAINED AND A REPORT OF BUSINESS CONDUCTED SHALL BE PRESENTED AT THE NEXT IMMEDIATE MEETING OF THE BOARD OF TRUSTEES. NO ACTION OF THE EXECUTIVE COMMITTEE SHALL BE TAKEN ON ANY MATTERS THAT WOULD OTHERWISE REQUIRE ACTION BY THE BOARD OF TRUSTEES UNLESS IT IS SUBSEQUENTLY RATIFIED BY THE BOARD. THE EXECUTIVE COMMITTEE SHALL MEET AT LEAST QUARTERLY. FORM 990, PART VI, SECTION A, LINE 2 LARRY AND LAURA GOTTLIEB HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 7A AN AFFILIATED COMPANY, JEWISH FEDERATION OF SOUTHERN NEW JERSEY, HAS THE RIGHT TO APPOINT TWO MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B AN AFFILIATED COMPANY, JEWISH FEDERATION OF SOUTHERN NEW JERSEY, HAS THE RIGHT TO VOTE ON TWO MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE CEO WILL REVIEW THE 990 IN DETAIL. A COPY OF THE 990 WILL BE PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING. A COPY WILL ALSO BE MADE AVAILABLE FOR THE FULL BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT IS FURNISHED ANNUALLY TO EACH KEY INDIVIDUAL (WHICH INCLUDES ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES) FOLLOWING THE ANNUAL MEETING. ANY NEW KEY INDIVIDUAL IS PROVIDED WITH A COPY OF THIS POLICY UPON COMMENCEMENT OF THEIR POSITION. KEY INDIVIDUALS ARE REQUIRED TO GIVE FULL DISCLOSURE, IN WRITING, OF ANY RELATIONSHIP OR INTEREST THAT MAY GIVE RISE TO A CONFLICT TO THE PRESIDENT OF THE BOARD AND TO THE CHAIRMAN OF ANY COMMITTEE ACTING ON THE CONTRACT OR TRANSACTION. STAFF MEMBERS SHALL DISCLOSE, IN WRITING, ANY POSSIBLE CONFLICT OF INTEREST FOR THEMSELVES OR THEIR FAMILY MEMBERS TO THE CHIEF FINANCIAL OFFICER. THE POLICY IS REVIEWED AND DISTRIBUTED TO THE BOARD ANNUALLY. IF THERE IS A SPECIFIC CONFLICT, BOARD MEMBERS RECUSE THEMSELVES FROM PARTICIPATING IN RELATED DISCUSSIONS OR VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO GOES THROUGH A COMMITTEE PROCESS FOR COMPENSATION REVIEW. COMPARATIVE INFORMATION IS PROVIDED TO ENABLE THE BOARD COMMITTEE TO MAKE AN ACCURATE SUGGESTION TO THE BOARD. OTHER EMPLOYEES ARE COMPENSATED BASED UPON AN INTERNAL REVIEW PROCESS. FAIR MARKET VALUE OF COMPENSATION WAS INITIALLY DETERMINED USING INDUSTRY SOURCES SUCH AS LEADING AGE AND ASSOCIATION OF JEWISH AGING SERVICES (AJAS). THE COMPENSATION PROCESS IS DOCUMENTED IN THE MINUTES. 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 XI, LINE 9: CHANGE IN INTEREST IN NET ASSETS OF JEWISH COMMUNITY FOUNDATION -1,025,537. BOOK TO TAX ADJUSTMENT FOR MEDREHAB ALLIANCE INVESTMENT -16,603. JEWISH FEDERATION HOUSING MANAGEMENT CO 3051 W CHAPEL AVE CHERRY HILL NJ 08002 222208648 FOOD & HOUSEKEEPING SERVICES; AFFORDABLE HOUSING SERVICES FOR SENIORS NJ 501(C)(3) LINE 10 N/A 0 JEWISH FEDERATION OF SOUTHERN NEW JERSEY 1301 SPRINGDALE RD CHERRY HILL NJ 08002 210634489 SOCIAL SERVICES & OTHER COMMUNITY SERVICES NJ 501(C)(3) LINE 7 N/A 0 JEWISH FEDERATION SENIOR HOUSING INC 3051 W CHAPEL AVE CHERRY HILL NJ 08002 311654257 AFFORDABLE HOUSING FOR SENIOR CITIZENS NJ 501(C)(3) LINE 10 N/A 0 BERNARD DUBIN HOUSE LIMITED PARTNERSHIP 3051 WEST CHAPEL AVE CHERRY HILL NJ 08002 208334276 REAL ESTATE NJ N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1