2021-05-17T18:49:57-05:00 2020-06-30 390859910 BAKER TILLY US LLP 20 STANWIX STREET PITTSBURGH PA 15222 990 2019-07-01 251215527 SARAH A REED RETIREMENT CENTER SARA 8148782600 227 WEST 22ND STREET ERIE PA 16502 GALE MAGYAR CHIEF EXECUTIVE OFFICER 8148782600 2021-05-06 1 JEFFREY J SPENGLER CPA P00109764 4126976400 2021-05-05 X 2019 2022-09-23 18:48:47Z DBA SARAH REED SENIOR LIVING GALE MAGYAR 227 WEST 22ND STREET ERIE PA 16502 16972059 0 X SARAHAREED.ORG X 1871 PA THE CENTER PROVIDES RESIDENTIAL SERVICES, HEALTH CARE, PHYSICAL THERAPY AND OTHER RELATED SERVICES. 17 17 362 47 0 0 40760 436693 14992650 15714482 1105413 804258 8384 8463 16147207 16963896 0 0 0 0 8586601 9616731 0 0 11021 6711286 6568148 15297887 16184879 849320 779017 37651315 40333769 12836519 15348785 24814796 24984984 X WILL PROVIDE QUALITY HEALTHCARE, HOUSING AND ASSOCIATED SERVICES TO RESIDENTS IN A CARING AND TRUSTED ENVIRONMENT. 0 0 14758874 15714482 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 PROMOTE HEALTH AND WELLNESS BY SERVING AS A SITE FOR FITNESS PROGRAMS THAT ARE OFFERED TO MEMBERS OF THE COMMUNITY, PROVIDING MEALS AND BEAUTY SHOP SERVICES TO A NEARBY SENIOR HOUSING FACILITY.WE HAVE ALSO PROVIDED FINANCIAL ASSISTANCE TO RESIDENTS IN OUR RESIDENTIAL AND PERSONAL CARE FACILITIES WHO MAY HAVE RAN OUT OF RESOURCES. 14758874 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 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 0 0 0 0 1 19 0 1 362 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 1 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 MR WILLIAM COLEMAN 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 DIRECTOR 1.00 X 0 0 0 MRS MARY LOU NEITHAMER DIRECTOR 1.00 X 0 0 0 MRS BARBARA JOHNSON ASSISTANT TREASURER 1.00 X X 0 0 0 MR SYDNEY SMITH 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 PAST CHAIR 1.00 X X 0 0 0 MS JANE CARNEY VICE CHAIR 1.00 X X 0 0 0 MS GALE MAGYAR CHIEF EXECUTIVE OFFICER 40.00 X 165634 0 11849 MR WILLIAM REDDITT CFO (END 12/27/2019) 40.00 X 112493 0 4043 MR DAVID GERBER CFO (START 11/18/2019) 40.00 X 7507 0 1095 285634 0 16987 2 0 1 0 ALLIANCE REHAB HVA DBA SYMBRIA REHAB 28100 TORCH PARKWAY STE 600 WARRENVILLE IL 60555 CONTRACTED THERAPY 1023111 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 CONTRACTED FOOD 777272 FAMILY CENTER PHARMACY LLC DBA PHARMERI PO BOX 409251 ATLANTA GA 30384 CONTRACTED PHARMACY 339510 WM T SPAEDER CO INC 1602 EAST 18TH STREET ERIE PA 16514 CONTRACTED HVAC 143859 MEDICAL STAFFING NETWORK PO BOX 840292 DALLAS TX 75284 CONTRACTED STAFFING 102316 5 11323 401513 23857 436693 NET PATIENT SERVICE REVENUE 623000 13203162 13203162 ANCILLARY CHARGES 623000 2070181 2070181 PENNSYLVANIA NURSING HOME ASSESSM 623000 441139 441139 15714482 419723 419723 384535 0 384535 384535 384535 16626 11323 8163 8463 8463 16963896 15714482 0 812721 320230 285776 31618 2836 7617824 6798149 814688 4987 130854 116803 14051 847172 756203 90969 700651 625415 74638 598 45045 45045 23615 23615 44976 44976 1260563 1150098 110465 25738 24238 1500 68173 47917 19156 1100 45 45 681127 680091 1036 1664 309 1355 30365 23402 6963 332659 332659 1052944 1052944 95286 95286 MEDICAL SUPPLIES 756310 756310 0 0 BAD DEBT 686304 686304 0 0 FOOD 554482 554259 223 0 EQUIPMENT RENTAL 336227 266204 70023 0 572625 530745 41880 16184879 14758874 1414984 11021 550 550 2112094 4378932 1881463 2293243 63894 105078 208998 232343 39376994 17857436 22169238 21519558 11183078 11772065 32000 32000 37651315 40333769 1192359 1370075 71117 671317 11213263 10782674 1704833 359780 819886 12836519 15348785 X 24814796 24984984 24814796 24984984 37651315 40333769 X 779017 -364623 -244206 X 0 1 X 1 0 X 320307 97283 53150 40760 436693 948193 13811028 14298147 14478269 14992650 15714482 73294576 14131335 14395430 14531419 15033410 16151175 74242769 0 0 0 74242769 247423 214738 242462 377197 419723 1501543 247423 214738 242462 377197 419723 1501543 25728 15108 17612 16626 75074 14378758 14635896 14788989 15428219 16587524 75819386 0.97920 0.98060 0.01980 0.01860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1747281 1747281 28356073 10197270 18158803 8859387 7312986 1546401 414253 347180 67073 21519558 DERIVATIVE FINANCIAL INSTRUMENT 819886 819886 16318254 -364623 -244206 -608829 16927083 44976 -8163 36813 16963896 16148066 8163 8163 16139903 44976 44976 16184879 PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION LIABILITY ADJUSTMENT -244,206. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -8,163. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 8,163. FALL FESTIVAL 27949 11323 16626 7211 952 27949 11323 16626 7211 952 8163 8463 X X 0 0 0 0 0 0 0 0 0 MS GALE MAGYAR CHIEF EXECUTIVE OFFICER 165634 0 0 0 0 0 5136 0 6713 0 177483 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS EVALUATES THE EXECUTIVE DIRECTOR'S PERFORMANCE AND COMPENSATION ANNUALLY. THE COMPENSATION IS ALSO INDEPENDENTLY EVALUATED EVERY THREE TO FIVE YEARS. A ERIE COUNTY HOSPITAL AUTHORITY 232302072 2015-12-21 12000000 MODERNIZATION AND EXPANSION OF SKILLED NURSING FACILITY 0 0 0 A 1160000 12000000 12000000 2017 0 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 1 1 0 0 0 1 A 1 SCHEDULE K, PART IV, ARBITRAGE 2C - FUNDS WERE ONLY ADVANCED BY THE LENDER DURING THE AVAILABLE TEMPORARY PERIOD TO PAY THIRD PARTY INVOICES RELATED TO THE FINANCED CAPITAL PROJECT AND WERE NOT INVESTED. FORM 990, PART VI, SECTION A, LINE 2 MR. TERRENCE CARLIN, BOARD MEMBER, HAS A FAMILY RELATIONSHIP WITH MR. SYDNEY SMITH, TREASURER AND BOARD MEMBER. 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. ANNUALLY, THEREFTER AS LONG AS THE INDIVIDUAL SERVES ON THE BOARD OR IS EMPLOYED THE FORMS ARE COMPLETED ANEW. 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 -244,206.