2022-02-11T15:34:44-06:00 2021-03-31 812950760 SAX LLP 389 INTERPACE PARKWAY STE 3 PARSIPPANY NJ 07054 990 2020-04-01 221659501 HOME FOR THE ARMENIAN AGED INC HOME 2012616662 70 MAIN STREET EMERSON NJ 07630 ANDREW TORIGIAN PRESIDENT 2012616662 2022-02-02 1 ANDREW TORIGIAN 999009999 MARQUS WHITE P00053187 9734726250 2022-02-01 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z THE ARMENIAN NURSING & REHABILITATION CENTER INC ANDREW TORIGIAN 70 MAIN STREET EMERSON NJ 07630 5596858 0 X WWW.THEARMENIANHOME.COM X 1938 NJ THE ORGANIZATIONS EXEMPT PURPOSE IS TO PROVIDE MEDICAL AND REHABILITATION SERVICES FOR AGED AND INDIGENT PERSONS. X 53 53 104 59 0 0 1912175 2500154 5839956 3068508 532 1 5000 28195 7757663 5596858 0 0 0 0 4276886 3755020 0 0 0 2428116 1677714 6705002 5432734 1052661 164124 5103671 921763 628666 229209 4475005 692554 X THE MISSION OF THE ARMENIAN NURSING AND REHABILITATION CENTER IS TO PROVIDE QUALITY HEALTHCARE AND REHABILITATIVE SERVICES TO THE AGED AND INDIGENT, TO PROMOTE WELLNESS, RELIEVE SUFFERING, AND TO EXTEND CHARITABLE RELIEF TO PERSONS REGARDLESS OF RACE, GENDER, RELIGION, OR NATIONALITY. 0 0 4651395 3068508 THE ARMENIAN NURSING AND REHABILITATION CENTER, INC. (THE ORGANIZATION) IS A NEW JERSEY NOT-FOR-PROFIT CORPORATION ESTABLISHED IN 1938. THE ORGANIZATION'S OPERATIONS INCLUDE AN 86-BED LONG-TERM CARE FACILITY PROVIDING LONG-TERM SKILLED NURSING CARE. THE ORGANIZATION PROVIDED APPROXIMATELY 20,407 DAYS OF PATIENT CARE FOR THE YEAR ENDED 3/31/2021. 4651395 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 1 2 0 1 104 1 0 0 0 0 0 0 0 0 0 0 X 53 53 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 0 1 0 NJ X STEPHEN EPSTEIN 2012616662 70 MAIN STREET EMERSON NJ 07630 ANDREW TORIGIAN PRESIDENT 1.00 X 0 0 0 PETER BONJUKLIAN TREASURER 1.00 X 0 0 0 KHOREN BANDAZIAN ESQ RECORDING SECRETARY 1.00 X 0 0 0 BEDROSIAN ARTHUR MEMBER 1.00 X 0 0 0 FROONJIAN DR CRAIG DMD MEMBER 1.00 X 0 0 0 NALBANDIAN MATTHEW MEMBER 1.00 X 0 0 0 NOURI NABIL J MEMBER 1.00 X 0 0 0 MARDINIAN SONIA OMBUDSMAN 1.00 X 0 0 0 STEPHEN EPSTEIN ADMINISTRATOR 40.00 X 97371 0 0 JILL KERRS BUSINESS OFFICE MANAGER 40.00 X 114548 0 10215 MARI CAMCIKYAN DIRECTOR OF NURSING 40.00 X 128122 0 10215 340041 0 20430 2 0 0 0 0 1181456 1318698 2500154 PATIENT SERVICE REVENU 623990 3068508 3068508 3068508 1 1 OTHER INCOME 28195 28195 28195 5596858 3096703 0 1 98231 98231 2954232 2605877 348355 491105 419255 71850 211452 180516 30936 57750 57750 30276 30276 12768 12768 29159 29159 219 219 51051 44414 6637 300694 261604 39090 CONTRACTED THERAPY AND 339696 339696 DIETARY SUPPLIES 136266 136266 TELEPHONE AND UTILITIES 128406 111713 16693 PROVIDER ASSESSMENT 123243 123243 0 468186 428811 39375 5432734 4651395 781339 0 94415 39290 11091 173 575577 302157 1586421 1260338 4168528 326083 254060 254060 5103671 921763 603913 222146 24753 7063 628666 229209 X 2443812 0 0 0 2031193 692554 4475005 692554 5103671 921763 X 164124 -3946575 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1141119 901658 239461 247095 169298 77797 198207 189382 8825 326083 BED LICENSES 254060 254060 RESIDENT FUNDS 7063 7063 X 1761056 0 1761056 3835802 3835802 5596858 5432734 0 5432734 0 5432734 PART X, LINE 2: THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. MANAGEMENT EVALUATED THE ORGANIZATIONS' TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ORGANIZATION FILE INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AS WELL AS IN ONE STATE JURISDICTION. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES UNLESS THE ORGANIZATION WAS ENGAGED IN ACTIVITIES THAT WOULD GENERATE UNRELATED BUSINESS INCOME. PART XI, LINE 4B - OTHER ADJUSTMENTS: IMPAIRMENT LOSS 3,835,802. 0 0 0 0 1 0 0 0 0 CONSTRUCTION COSTS 2021-03-31 3835802 COST OF CAPITALIZED CONSTRUCTION COSTS 0 0 0 0 PART I, LINE 3: THE ORGANIZATION CEASED OPERATIONS AS OF MARCH 31, 2021 AND THE CONSTRUCTION WAS PUT ON HOLD INDEFINITELY. IN THE ABSENCE OF DEFINITIVE PLANS FOR ITS ASSETS, MANAGEMENT OF THE ORGANIZATION HAS DECIDED TO WRITE OFF THE ACCUMULATED CONSTRUCTION COSTS OF $3,835,802, WHICH IS SHOWN ON THE STATEMENT OF ACTIVITIES AS A LOSS ON IMPAIRMENT ON THE AUDITED FINANCIAL STATEMENTS. ON THIS 990, THE LOSS IS SHOWN AS AN ADJUSTMENT TO NET ASSETS ON PAGE 12, PART XI, LINE 9. FORM 990, PART VI, SECTION A, LINE 6 PAGE 6 PART VI, LINE 6: THE ARMENIAN NURSING AND REHABILITATION CENTER HAS THREE CATEGORIES OF MEMBERSHIP: LIFE, ACTIVE, AND HONORARY. THE ANRC DOES NOT HAVE ANY STOCKHOLDERS WHO HAVE INVESTED PERSONAL ASSETS TO RECEIVE DIVIDENDS OR INCOME OF ANY KIND. FORM 990, PART VI, SECTION A, LINE 7A THE ARMENIAN NURSING AND REHABILITATION CENTER HAS THREE CATEGORIES OF MEMBERSHIP: LIFE, ACTIVE, AND HONORARY. MEMBERS ELECT ONE OR MORE MEMBERS TO THE BOARD OF TRUSTEES ANNUALLY. CANDIDATES FOR ELECTION TO THE BOARD OF TRUSTEES MAY BE PROPOSED TO THE NOMINATING COMMITTEE IN WRITING BY A LIFE OR ACTIVE MEMBER AT LEAST SIXTY (60) DAYS IN ADVANCE OF THE ANNUAL MEMBERSHIP MEETING. THE ANRC DOES NOT HAVE ANY STOCKHOLDERS WHO HAVE INVESTED PERSONAL ASSETS TO RECEIVE DIVIDENDS OR INCOME OF ANY KIND. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS WHEN APPROVING AMENDMENTS TO THE BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 IS FIRST SUBMITTED TO THE GOVERNING BODY FOR REVIEW. THE FORM 990 IS THEN SUBJECT TO APPROVAL BY THE ANRC FINANCIAL COMMITTEE FOR SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS COMPLETE, EXECUTE AND RETURN TO THE BOARD ANNUALLY AN AFFIRMATION THAT THEY ARE IN COMPLIANCE WITH THE HOME FOR THE ARMENIAN AGED, INC. D/B/A ARMENIAN NURSING AND REHABILITATION CENTER'S STANDARDS OF PROFESSIONAL AND ETHICAL CONDUCT. FURTHER, THE FACILITY RECOGNIZES THAT IT IS SOMETIMES DIFFICULT TO DELINEATE PROPER STANDARDS OF ETHICAL CONDUCT. IN SUCH INSTANCES A BOARD MEMBER SHOULD NOT RELY UPON HIS OR HER PERSONAL JUDGMENT, BUT SHOULD FULLY AND OPENLY DISCUSS THE MATTER WITH MEMBERS OF THE BOARD AT THEIR NEXT BOARD MEETING AND IF THERE IS ANY QUESTION AS TO LEGALITY, THE MATTER SHOULD BE BROUGHT TO THE ATTENTION OF THE CORPORATE COUNSEL OF THE FACILITY FOR DETERMINATION. FORM 990, PART VI, SECTION B, LINE 15B THE ORGANIZATION BASES COMPENSATION LEVELS FOR OFFICERS, AND KEYS EMPLOYEES ON MERIT FOLLOWED BY A BOARD REVIEW. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AND UPON REQUEST. FORM 990, PART XI, LINE 9: PRIOR PERIOD ADJUSTMENT TRANSFER OF ASSETS -110,773. IMPAIRMENT LOSS -3,835,802. PART XII, LINE 2C THE ARMENIAN NURSING AND REHABILIATION CENTER HAS NOT CHANGED ITS PROCESS FROM PRIOR YEARS. ARMENIAN HOME FOUNDATION 70 MAIN STREET EMERSON NJ 07630 521851571 FUNDRAISING FOR ARMENIAN NURSING & REHABILIATION CTR NJ 501(C)(3) LINE 12A, I HOME FOR THE ARMENIAN AGED INC 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 ARMENIAN HOME FOUNDATION C 1181456 CASH ARMENIAN HOME FOUNDATION R 110773 COST