2021-05-17T12:53:13-05:00 2020-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE SUITE 400 PLYMOUTH MEETING PA 19462 990 2019-07-01 231401564 METHODIST HOME FOR CHILDREN FOUNDATION METH 2158771925 4300 MONUMENT ROAD PHILADELPHIA PA 19131 ANNE RICE-BURGESS PRESIDENT & CEO 2158771925 2021-05-13 1 CONNIE M LIRA P00481097 2156433900 2021-05-13 2019 2022-09-23 18:48:47Z ANNE RICE-BURGESS 4300 MONUMENT ROAD PHILADELPHIA PA 19131 20497258 0 X WWW.METHODISTSERVICES.ORG X 1879 PA TO SUPPORT PROGRAMS AND SERVICES TO CHILDREN, YOUTH AND FAMILIES, WHICH PROMOTES QUALITY OF LIFE 5 5 0 5 60 0 19345 320124 0 0 1969775 1879269 3861 5888 1992981 2205281 1093021 1135530 0 0 0 0 0 0 0 505849 540155 1598870 1675685 394111 529596 44227698 45425265 4357156 5969457 39870542 39455808 THE MISSION OF METHODIST HOME FOR CHILDREN FOUNDATION (MHCF) IS TO SUPPORT PROGRAMS AND SERVICES TO CHILDREN, YOUTH, AND FAMILIES AND TO PROMOTE THEIR GENERAL WELFARE AND QUALITY OF LIFE. 0 0 1135530 1135530 0 MHCF SERVES AS A SUPPORTING ORGANIZATION THAT MAKES GRANTS TO SUPPORT THE PROGRAMS OF METHODIST SERVICES AND METHODIST HOME FOR CHILDREN, WHICH ARE BOTH 501(C)(3) PUBLIC CHARITIES, AND ARE BOTH RELATED TO MHCF. 1135530 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 PA X X H ANDREW CROSS CFO 2158771925 4300 MONUMENT ROAD PHILADELPHIA PA 19131 ANNE RICE-BURGESS PRESIDENT & CEO 1.00 41.00 X 0 175090 20816 KATHRINE MARTIN SR. VP & EXECUTIVE DIRECTOR 1.00 41.00 X 0 145669 10352 MAULIN PATEL VP & CFO - LEFT AUG 2019 40.00 2.00 X 0 98310 24516 JAMES BREHONY INTERIM CFO AUG 2019 TO DEC 2019 2.00 41.00 X 0 92087 17719 CHARLES SORKIN CHAIR 1.00 0.00 X X 0 0 0 RICHARD CHIP COBB JR VICE CHAIR 1.00 0.00 X X 0 0 0 KATHERINE ZIDEK SECRETARY 1.00 0.00 X X 0 0 0 F SCOTT DONAHUE DIRECTOR 1.00 0.00 X 0 0 0 ERNEST MAY DIRECTOR 1.00 0.00 X 0 0 0 0 511156 73403 0 0 1 0 0 296162 23962 320124 2052497 60 2052437 18118749 18291977 -173228 -173228 -173228 REFUND/MISCELLANEOUS INCOME 900099 5888 5888 5888 2205281 0 60 1885097 1135530 1135530 39671 39671 558 558 4400 4400 180334 180334 5413 5413 30496 30496 279283 279283 1675685 1135530 540155 0 1003286 424376 5799 6425 7961 11210551 3762148 6170766 7448403 30592251 30213203 6455596 7324897 44227698 45425265 6414 12666 114000 1916058 4236742 4040733 4357156 5969457 X 33459833 33187843 6410709 6267965 39870542 39455808 44227698 45425265 X 529596 -773755 -170575 X 0 1 X 1 0 X X 2 METHODIST SERVICES 562311719 7 1 1135530 540155 METHODIST HOME FOR CHILDREN 200088838 7 1 0 0 2 1135530 540155 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1 METHODIST HOME FOR CHILDREN FOUNDATION HAS A HISTORIC AND CONTINUING RELATIONSHIP WITH METHODIST SERVICES AND METHODIST HOME FOR CHILDREN. THE MANAGEMENT OF THE SUPPORTING ORGANIZATION IS CONDUCTED BY THE SAME INDIVIDUALS THAT MANAGE THE SUPPORTED ORGANIZATIONS. THIS OVERLAPPING MANAGEMENT REPORTS TO ALL GOVERNANCE BODIES TO ENSURE THAT THE SUPPORTING ORGANIZATION REMAINS ATTENTIVE AND RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39870542 -8195214 1281791 180334 30213203 39580067 19345 1870000 1093021 286539 219310 39870542 38653605 108902 2461801 1124522 282413 237306 39580067 36025362 19073 4309128 1201852 284791 213315 38653605 38410102 42994 -760229 1165181 289161 213163 36025362 0.95810 0.03830 0.00360 0 1 1 1161700 1161700 8363426 3671031 4692395 89380 89380 0 7187 1737 5450 1588858 1588858 7448403 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 5001587 NOTE RECEIVABLE - RELATED PARTY 1066504 DUE FROM AFFILIATES 1256806 7324897 DUE TO AFFILIATES 4040733 4040733 X 1080617 -773755 -170575 -944330 2024947 180334 180334 2205281 1495351 0 1495351 180334 180334 1675685 PART V, LINE 4: THE ENDOWMENT FUNDS ARE TO BE USED TO SUPPORT METHODIST HOME FOR CHILDREN AND METHODIST SERVICES, BOTH ARE 501(C)(3) PUBLIC CHARITIES RELATED TO METHODIST HOME FOR CHILDREN FOUNDATION. PART X, LINE 2: MHCF IS A NON-PROFIT ENTITY AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. MHCF IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES. MHCF FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE GUIDANCE FURTHER PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE APPLICATION OF THIS STANDARD HAD NO IMPACT ON MHCF'S FINANCIAL STATEMENTS. MHCF'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: DECREASE IN FAIR VALUE OF PERPETUAL TRUSTS -170,575. 1 METHODIST SERVICES 4300 MONUMENT ROAD PHILADELPHIA PA 19131 562311719 501(C)(3) 1135530 TO SUPPORT PROGRAMS AND SERVICES TO CHILDREN, YOUTH AND FAMILIES 1 0 PART I, LINE 2: THE ORGANIZATION ONLY GRANTS FUNDS TO RELATED ORGANIZATIONS WITH SHARED MANAGEMENT. THROUGH THIS SHARED MANAGEMENT THE ORGANIZATION IS ABLE TO ENSURE FUNDS ARE USED FOR THEIR INTENDED PURPOSE. 0 0 0 0 0 0 0 0 0 ANNE RICE-BURGESS PRESIDENT & CEO 0 175090 0 0 0 0 0 5600 0 15216 0 195906 0 0 KATHRINE MARTIN SR. VP & EXECUTIVE DIRECTOR 0 145669 0 0 0 0 0 0 0 10352 0 156021 0 0 PART I, LINE 3 THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUAL THAT MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OFFICER OR KEY EMPLOYEE. THE COMPENSATION LISTED ON SCHEDULE J, PART II IS FROM A RELATED ENTITY. THE RELATED ENTITY ENSURES AN ANNUAL REVIEW IS CONDUCTED THAT INCLUDES, BUT IS NOT LIMITED TO THE USE OF A: COMPENSATION COMMITTEE, WRITTEN EMPLOYMENT CONTRACT, COMPENSATION SURVEY/STUDY, AND BOARD APPROVAL. THE DELIBERATION AND FINAL DECISION ARE TIMELY DOCUMENTED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRPERSON, VICE-CHAIRPERSON(S), SECRETARY, TREASURER AND PRESIDENT (WITHOUT VOTE). THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, AND SHALL REPORT ITS ACTIONS TO THE BOARD AT THE NEXT MEETING OF THE BOARD. A QUORUM OF THE COMMITTEE MEMBERS MUST BE PRESENT. EXCEPTIONS TO THE POWER AND AUTHORITY OF THE EXECUTIVE COMMITTEE ARE AS FOLLOWS: (A) THE FILLING OF VACANCIES ON THE BOARD (B) THE ADOPTION, AMENDMENT OR REPEAL OF THE GOVERNING DOCUMENTS (C) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD (D) ACTION ON MATTERS COMMITTED BY THE BYLAWS OR BY RESOLUTION OF THE BOARD TO ANOTHER COMMITTEE OF THE BOARD FORM 990, PART VI, SECTION A, LINE 3 AS PART OF THE TRANSITIONING OF LEADERSHIP WITHIN THE FISCAL DEPARTMENT, MANAGEMENT OF METHODIST HOME FOR CHILDREN (A RELATED PUBLIC CHARITY), THE PARENT, HAD ENGAGED WITH ROBERT HALF MANAGEMENT RESOURCES TO PROVIDE THE PARENT, WITH AN INTERIM CHIEF FINANCIAL OFFICER TO OVERSEE THE FINANCIAL MANAGEMENT OF THE PARENT AND ITS RELATED PUBLIC CHARITIES OF METHODIST SERVICES AND METHODIST HOME FOR CHILDREN FOUNDATION. THESE INDIVIDUALS PROVIDED THOSE DUTIES AND OVERSIGHT UNDER DIRECT SUPERVISION OF BOTH THE PRESIDENT AND CEO AND BOARD OF DIRECTORS. THESE SERVICES BEGAN ON DECEMBER 1, 2019 AND CONTINUED THROUGH THE END OF THE FISCAL YEAR. FOR THE FISCAL YEAR ENDED JUNE 30, 2020, FEES IN THE AMOUNT OF $126,631 WERE PAID TO ROBERT HALF MANAGEMENT RESOURCES, BY THE PARENT. FORM 990, PART VI, SECTION A, LINE 6 METHODIST HOME FOR CHILDREN (MHC), A RELATED 501(C)(3) PUBLIC CHARITY, IS CONSIDERED THE 'SOLE MEMBER' FOR PURPOSES OF THIS QUESTION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE ELECTED ANNUALLY BY MHC. FORM 990, PART VI, SECTION A, LINE 7B IN ORDER TO AMEND THE GOVERNING DOCUMENTS, WRITTEN APPROVAL OF THE AMENDMENT MUST BE OBTAINED FROM MHC. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. ALL OFFICERS WILL RECEIVE A DRAFT COPY OF THE FORM 990 ALONG WITH ALL COMMENTS FOR CHANGES PRIOR TO FILING. THE FINAL COPY WILL BE SENT TO THE OFFICERS AND BOARD OF DIRECTORS THROUGH EMAIL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTEREST THAT COULD GIVE RISE TO CONFLICTS. THE ANNUAL DISCLOSURES ARE REVIEWED BY THE BOARD CHAIR AND THE FINAL DETERMINATION AS TO WHETHER A CONFLICT EXISTS IS DETERMINED BY THE JOINT OFFICERS COMMITTEE. IF ANY DIRECTOR IS INVOLVED INDIVIDUALLY, OR AS PART OF A BUSINESS OR PROFESSIONAL FIRM, IN THE ORGANIZATION'S BUSINESS TRANSACTIONS OR PROFESSIONAL SERVICES THEY MUST TIMELY DISCLOSE SUCH A RELATIONSHIP AND MUST RECUSE THEMSELVES WHEN MATTERS OF SUCH TRANSACTIONS ARE DISCUSSED AND/OR VOTED UPON, AND WILL BE REQUIRED TO LEAVE THE MEETING IF SUCH IS REQUESTED BY ANOTHER DIRECTOR IN ATTENDANCE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION DOES NOT COMPENSATE ANY INDIVIDUAL THAT MEETS THE INTERNAL REVENUE SERVICE DEFINITION OF OFFICER OR KEY EMPLOYEE. 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: DECREASE IN FAIR VALUE OF PERPETUAL TRUSTS -170,575. METHODIST SERVICES 4300 MONUMENT ROAD PHILADELPHIA PA 19131 562311719 TO PROVIDE SOCIAL SERVICES FOR CHILDREN, YOUTH AND FAMILIES PA 501(C)(3) LINE 7 METHODIST HOME FOR CHILDREN 0 METHODIST HOME FOR CHILDREN 4300 MONUMENT ROAD PHILADELPHIA PA 19131 200088838 TO ASSURE THE PROVISION OF QUALITY SERVICES TO CHILDREN, YOUTH AND FAMILIES PA 501(C)(3) LINE 12B, II N/A 0 ALICIAN SENIOR APARTMENTS II GP LLC 70 E LANCASTER AVENUE FRAZER PA 19355 811043877 TO DEVELOP AND OPERATE AFFORDABLE HOUSING PROJECT FOR SENIORS PA N/A MONUMENT VILLAGE CORPORATION 4300 MONUMENT ROAD PHILADELPHIA PA 19131 341985321 INVESTMENTS PA N/A C 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 1