2022-05-16T11:05:53-05:00 2021-06-30 390859910 BAKER TILLY US LLP 20 STANWIX STREET PITTSBURGH PA 15222 990 2020-07-01 251215527 SARAH A REED RETIREMENT CENTER SARA 8148782600 227 WEST 22ND STREET ERIE PA 16502 GALE MAGYAR CHIEF EXECUTIVE OFFICER 8148782600 2022-03-09 1 GALE MAGYAR XXX-XX-XXXX JEFFREY J SPENGLER CPA P00109764 4126976400 2022-03-09 X 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DBA SARAH REED SENIOR LIVING GALE MAGYAR 227 WEST 22ND STREET ERIE PA 16502 15416870 0 X SARAHAREED.ORG X 1871 PA THE CENTER PROVIDES RESIDENTIAL SERVICES, HEALTH CARE, PHYSICAL THERAPY AND OTHER RELATED SERVICES. 15 15 355 3 0 0 436693 1014315 15714482 13622477 804258 780078 8463 0 16963896 15416870 0 0 0 0 9616731 9615973 0 0 2631 6568148 6262093 16184879 15878066 779017 -461196 40333769 40608299 15348785 13835245 24984984 26773054 X WILL PROVIDE QUALITY HEALTHCARE, HOUSING AND ASSOCIATED SERVICES TO RESIDENTS IN A CARING AND TRUSTED ENVIRONMENT. 0 0 14273646 0 13622477 SARAH REED SENIOR LIVING (SRSL) IS A CONTINUING CARE RETIREMENT COMMUNITY WHICH PROVIDES QUALITY HOUSING, HEALTHCARE AND ASSOCIATED SERVICES PRIMARILY TO OLDER ADULTS THROUGH RESIDENTIAL LIVING AND PERSONAL CARE APARTMENTS, SHORT-TERM AND LONG-TERM NURSING FACILITY CARE, SKILLED NURSING AND REHABILITATION, MEMORY SUPPORT AND END OF LIFE CARE. WE PROVIDE PHYSICAL, SOCIAL, EMOTIONAL AND SPIRITUAL SUPPORT TO RESIDENTS AND FAMILY MEMBERS DURING A TIME OF TRANSITION FROM HOME TO OUR FACILITIES AND AT WHATEVER LEVEL OF CARE IS NEEDED. WE SEEK TO ENHANCE THE QUALITY OF LIFE OF OLDER ADULTS SO THEY MAY REACH THE HIGHEST PRACTICAL LEVEL OF INDEPENDENCE AND DIGNITY POSSIBLE IN A CARING AND COMPASSIONATE MANNER.SRSL PROMOTES HEALTH CARE CAREERS BY OFFERING NURSING AND SOCIAL WORK STUDENT INTERNS JOB SHADOWING OPPORTUNITIES, CAREER DAY SPEAKERS TO SCHOOLS, INFORMATIONAL TALKS TO CHURCHES AND SENIOR GROUPS IN THE COMMUNITY ABOUT RELEVANT TOPICS REGARDING AGING. WE SUPPORT MEDICAL MISSION ORGANIZATIONS AND LOCAL AGENCIES WHO FINANCIALLY SUPPORT NONPROFITS BY DONATING USED EQUIPMENT, CLOTHING, FURNISHINGS AND OTHER USABLE ITEMS AS AVAILABLE. WE ALSO SUPPORT OTHER NONPROFITS THROUGH SPONSORSHIPS OF COMMUNITY EVENTS IN SUPPORT OF OUR MISSION.WE ARE A COMMUNITY PARTNER BY EMPLOYING OVER 250 STAFF MEMBERS AND CARING ANNUALLY FOR OVER 200 MEMBERS OF THE COMMUNITY. WE HAVE GROWN AND EXPANDED OUR FACILITIES THROUGHOUT THE YEARS AS WELL AS OUR GROUNDS TO IMPROVE AND STABILIZE THE NEIGHBORHOOD IN WHICH WE RESIDE. WE HAVE ALSO PROVIDED FINANCIAL ASSISTANCE TO RESIDENTS IN OUR RESIDENTIAL AND PERSONAL CARE FACILITIES WHO MAY HAVE RUN OUT OF RESOURCES. 14273646 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 355 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X GALE MAGYAR CHIEF EXECUTIVE OFFICER 8148782600 227 WEST 22ND STREET ERIE PA 16502 MRS CAMILLA DECKER DIRECTOR 1.00 X 0 0 0 MRS CHERYL WIEGLE DIRECTOR 1.00 X 0 0 0 MRS CAROL LEE RESTIFO DIRECTOR 1.00 X 0 0 0 MRS JANET DEAN DIRECTOR 1.00 X 0 0 0 MR JOEL SNAVELY DIRECTOR 1.00 X 0 0 0 MRS MARILYN RUSSELL DIRECTOR 1.00 X 0 0 0 MRS MARYBETH BARAN DIRECTOR 1.00 X 0 0 0 MRS MARY LOU EDGETT DIRECTOR 1.00 X 0 0 0 MRS PENNY LEE QUALLS TREASURER 1.00 X X 0 0 0 MRS MARY LOU NEITHAMER VICE CHAIR 1.00 X X 0 0 0 MRS BARBARA JOHNSON ASSISTANT TREASURER 1.00 X X 0 0 0 MRS DENISE REWERS SECRETARY 1.00 X X 0 0 0 MR MITCHELL KALKHOF CHAIR 1.00 X X 0 0 0 MR TERRENCE CARLIN DIRECTOR 1.00 X 0 0 0 MS JANE CARNEY DIRECTOR 1.00 X 0 0 0 MS GALE MAGYAR CHIEF EXECUTIVE OFFICER 40.00 X 190331 0 12291 MR DAVID GERBER JR CHIEF FINANCIAL OFFICER 40.00 X 103940 0 9283 MS ALMEDINA KALABIC EMPLOYEE 40.00 X 102138 0 7465 MS ENVERA MEHINOVIC EMPLOYEE 40.00 X 108257 0 7496 MS SANDRA RAMDHANIE EMPLOYEE 40.00 X 121343 0 10370 MS KAREN KARLE EMPLOYEE 40.00 X 108351 0 9415 734360 0 56320 6 0 1 0 ALLIANCE REHAB HVA DBA SYMBRIA REHAB 28100 TORCH PARKWAY STE 600 WARRENVILLE IL 60555 CONTRACTED THERAPY 732604 FAMILY CENTER PHARMACY LLC DBA PHARMERI PO BOX 409251 ATLANTA GA 30384 CONTRACTED PHARMACY 239535 MEDICAL STAFFING NETWORK PO BOX 840292 DALLAS TX 75284 CONTRACTED STAFFING 113140 3 4885 975963 33467 1014315 NET PATIENT SERVICE REVENUE 623000 11510545 11510545 ANCILLARY CHARGES 623000 1638258 1638258 PENNSYLVANIA NURSING HOME ASSESSM 623000 473674 473674 13622477 306080 306080 473998 0 473998 473998 473998 0 4885 0 0 15416870 13622477 0 780078 318583 284692 33891 7685322 6867095 817849 378 116777 104412 12365 741407 662900 78507 753884 673991 79828 65 49182 49182 35149 35149 50567 50567 1060427 954367 106060 27213 25413 1800 58213 37389 20436 388 1253 1253 668067 667140 927 113 50 63 20464 19792 672 323999 323999 1056168 1056168 108289 108289 MEDICAL SUPPLIES 769778 769778 0 0 FOOD 552864 552864 0 0 BAD DEBT 527177 527177 0 0 EQUIPMENT/EQUIP RENTAL 312866 249555 63311 0 640304 413988 226316 15878066 14273646 1601789 2631 550 550 4378932 3726657 2293243 1771712 105078 132114 232343 239050 40031419 18903336 21519558 21128083 11772065 13578133 32000 32000 40333769 40608299 1370075 1082981 671317 224107 10782674 10312942 1704833 1704833 819886 510382 15348785 13835245 X 24984984 26773054 24984984 26773054 40333769 40608299 X -461196 2130848 118418 X 0 1 X 1 0 X 97283 53150 40760 436693 1014315 1642201 14298147 14478269 14992650 15714482 13622477 73106025 14395430 14531419 15033410 16151175 14636792 74748226 0 0 0 74748226 214738 242462 377197 419723 306080 1560200 214738 242462 377197 419723 306080 1560200 25728 15108 17612 16626 75074 14635896 14788989 15428219 16587524 14942872 76383500 0.97860 0.97920 0.02040 0.01980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11629473 45610 2578627 0 763879 50245 13439586 11015271 47708 851470 0 240000 44976 11629473 10572757 10042 689218 0 208917 47829 11015271 9695472 68138 924949 0 48321 67480 10572757 8919160 46198 801620 0 12000 59506 9695472 1.00000 0.00000 0.00000 0 0 1747281 1747281 28712847 10933570 17779277 9130494 7614109 1516385 440797 355657 85140 21128083 DERIVATIVE FINANCIAL INSTRUMENT 510382 510382 17615569 2130848 118418 2249266 15366303 50567 50567 15416870 15827499 0 15827499 50567 50567 15878066 PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION LIABILITY ADJUSTMENT 118,418. PART V, LINE 4 THE ENDOWMENT FUND IS MANAGED BY THE BOARD OF DIRECTORS TO ADDRESS THE ONGOING CASH FLOW NEEDS OF THE CENTER. X X 0 0 0 0 0 0 0 0 0 MS GALE MAGYAR CHIEF EXECUTIVE OFFICER 190331 0 0 0 0 0 5576 0 6715 0 202622 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS EVALUATES THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AND COMPENSATION ANNUALLY. THE COMPENSATION IS ALSO INDEPENDENTLY EVALUATED EVERY THREE TO FIVE YEARS BY A CONSULTANT. THE CONSULTANT PROVIDES UPDATED MARKET BASED SALARY DATA FOR THE CEO, LEVERAGING NATIONAL, REGIONAL AND INDUSTRY CRITERIA FROM MULTIPLE SOURCES, UTILIZING NON-PROFIT AND FOR-PROFIT DATA. MARKET DATA IS COMPARED TO THE CEO POSITION AND SALARY TO ENSURE THE SALARY IS IN LINE WITH IRS REGULATIONS. COMPENSATION AND BENEFITS BEST PRACTICES WITHIN THE INDUSTRY ARE INCLUDED. A ERIE COUNTY HOSPITAL AUTHORITY 232302072 2015-12-21 12000000 MODERNIZATION AND EXPANSION OF SKILLED NURSING FACILITY 0 0 0 A 1640000 12000000 12000000 2017 0 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 0 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS THE FORM 990 AND APPROVES FOR FILING. THE FINANCE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS THAT THE FORM 990 HAS BEEN FILED. THE FORM 990 IS ACCESSIBLE TO ANY BOARD MEMBER FOR REVIEW FOR INFORMATION PURPOSES. FORM 990, PART VI, SECTION B, LINE 12C EACH BOARD MEMBER, DEPARTMENT DIRECTOR AND MEMBER OF THE PURCHASING STAFF IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM UPON ELECTION OR HIRE AND ANNUALLY THEREAFTER, AS LONG AS THEY ARE ON THE BOARD OR EMPLOYED. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS EVALUATES THE CHIEF EXECUTIVE OFFICER'S PERFORMANCE AND COMPENSATION ANNUALLY. IN ADDITION, THE COMPENSATION IS INDEPENDENTLY EVALUATED EVERY 3-5 YEARS. THE CHIEF EXECUTIVE OFFICER AND ADMINISTRATOR PERFORM ANNUAL EVALUATIONS OF DEPARTMENT DIRECTORS. THE BOARD OF DIRECTORS IS APPROVING THE ANNUAL BUDGET OF THE ORGANIZATION, AND THEREFORE INDIRECTLY APPROVES THE WAGE INCREASE TO OTHER EMPLOYEES AT AN ORGANIZATIONAL-WIDE LEVEL. FORM 990, PART VI, SECTION C, LINE 19 THE CENTER GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC FOR VIEWING AT THE CENTER UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: PENSION LIABILITY ADJUSTMENT 118,418.