2020-11-14T09:16:35-06:00 2019-12-31 161226221 FUST CHARLES CHAMBERS LLP 5784 WIDEWATERS PARKWAY SYRACUSE NY 13214 990 2019-01-01 161019465 LORETTO REST REALTY CORPORATION LORE 3154133414 700 EAST BRIGHTON AVE SYRACUSE NY 13205 JOHN MURRAY CFO 3154133414 2020-11-11 1 ANGELA M FRANCO P00589741 3154463600 2020-11-10 2019 2022-09-23 18:48:47Z JOHN MURRAY 700 E BRIGHTON AVE SYRACUSE NY 13205 1588581 0 X HTTP://WWW.LORETTOCNY.ORG X 2003 NY HEALTHCARE & RENTAL OF SPACE TO HEALTHCARE COMPANIES 16 15 1538 0 20015 19015 45844 45176 1694091 1543405 0 0 0 0 1739935 1588581 0 0 0 0 164081 152310 0 0 0 1612345 1595491 1776426 1747801 -36491 -159220 43136494 36631518 24298287 21377618 18838207 15253900 THE COMPANY PROVIDES DENTAL, PODIATRY, AND VISION SERVICES TO PATIENTS THROUGH ITS CLINIC. THE COMPANY ALSO LEASES REAL PROPERTY TO LORETTO HEALTH & REHABILITATION CENTER. 0 0 1038014 1029408 THE ORGANIZATION OWNS REAL PROPERTY AND LEASES IT TO LORETTO HEALTH & REHABILITATION CENTER, A 583 BED SKILLED NURSING FACILITY. 578775 493982 PROVIDING DENTAL, VISION, AND PODIATRY SERVICES THROUGH IT'S CLINIC. 45176 45176 CACFP GRANT MONEY IS USED TO ASSIST IN SERVING NUTRITIOUS MEALS TO ADULTS WHO ARE 60 OR OLDER, OR WHO ARE PHYSICALLY OR MENTALLY IMPAIRED TO THE EXTENT THAT LIMITS THEIR INDEPENDENCE AND ABILITY TO CARRY OUT ACTIVITIES OF DAILY LIVING. 1661965 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 5 0 1 1538 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X JOHN G MURRAY 3154133206 700 EAST BRIGHTON AVE SYRACUSE NY 132052298 X VICKI O'NEILL BOARD MEMBER, CHAIR 1.00 X X 0 0 0 JOHN MCCABE BOARD MEMBER, VICE CHAIR 1.00 X X 0 0 0 JOHN R BRENNAN BOARD MEMBER, SECRETARY 1.00 X X 0 0 0 SUSAN CLANCY-MAGLEY BOARD MEMBER 1.00 X 0 0 0 PIERRE MORRISSEAU BOARD MEMBER 1.00 X 0 0 0 CINDY BIRD BOARD MEMBER 1.00 X 0 0 0 CHRISTINE WOODCOCK DETTOR BOARD MEMBER 1.00 X 0 0 0 MICHELE JONES GALVIN BOARD MEMBER 1.00 X 0 0 0 DOUGLAS TUCKER BOARD MEMBER/MEDICAL DIREC 1.00 39.00 X 0 374483 24813 HELENE WALLACE BOARD MEMBER 1.00 X 0 0 0 KEVIN BRYANS BOARD MEMBER 1.00 X 0 0 0 NANCY WILLIAMS BOARD MEMBER 1.00 X 0 0 0 STEPHEN J KINGSTON BOARD MEMBER 1.00 X 0 0 0 SAM CARELLO BOARD MEMBER 1.00 X 0 0 0 CRAIG LUCE BOARD MEMBER 1.00 X 0 0 0 PETER MUSERLIAN BOARD MEMBER 1.00 X 0 0 0 KIMBERLY TOWNSEND PRESIDENT 1.00 39.00 X 13162 513345 29339 JOHN MURRAY CFO 1.00 39.00 X 6401 249630 12248 ALLISON WOLLEN VP OF HR 1.00 39.00 X 4394 171397 3973 BRANDON CLAPS CIO 1.00 39.00 X 3959 154387 22859 STEPHANIE BUTTON VP OF LORETTO INDEPENDENT LIVING SERVICES, INC. 1.00 39.00 X 4186 163245 15525 32102 1626487 108757 56 0 1 0 DENTSERV DENTAL SERVICES PC 15 CANAL ROAD PELHAM MANOR NY 10803 DENTAL SERVICES FOR THE CLINIC AND RESID 158912 1 45176 45176 RENTAL REVENUE 531390 1049423 1029408 20015 NET PATIENT REVENUE 621400 493982 493982 1543405 1588581 1523390 20015 0 X 132392 132392 3880 3880 6391 6391 9647 9647 24350 24350 192559 192559 5558 2019 3539 110369 110369 1577 1577 829957 829957 57947 57947 1063 1063 150640 150640 SUPPLIES 91326 91326 BAD DEBT 84969 84969 GRANT EXPENSE 45176 45176 1747801 1661965 85836 0 50 50 60930 20129 615192 611582 4673 3610 43070841 36607729 43136494 36631518 354851 469142 21775411 19065194 2168025 1843282 24298287 21377618 X 18788207 15253900 50000 0 18838207 15253900 43136494 36631518 X -159220 -3425087 X X 0 1 X 1 1 1 X 45176 45176 45176 45176 45176 45176 1.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 63963 63963 0 551229 547619 3610 3610 ASSETS LIMITED AS TO USE 1572696 NET INVESTMENT IN DIRECT FINANCING LEASE AND NOTE RECEIVABLE 19065194 PREPAIDS AND OTHER ASSETS 341374 INTEREST IN NET ASSETS OF LORETTO INDEPENDENT LIVING SERVICES, INC. 15515590 DUE FROM AFFILIATES, NET 112875 36607729 ASSETS HELD AS CUSTODIAN FOR LORETTO HEALTH & REHAB CENTER 1572696 DUE TO THIRD PARTY PAYORS 60613 DUE TO AFFILIATES 209973 1843282 X -2164772 -3708177 -3708177 1543405 45176 45176 1588581 1617656 0 1617656 130145 130145 1747801 PART X, LINE 2: THE COMPANY IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. AS OF DECEMBER 31, 2019 THE COMPANY DOES NOT HAVE ANY SIGNIFICANT UNRECOGNIZED TAX BENEFITS OR ANY RELATED ACCRUED INTEREST OR PENALTIES. THE TAX YEARS OPEN TO EXAMINATION BY FEDERAL AND NEW YORK STATE TAXING AUTHORITIES ARE 2016 THROUGH 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN EQUITY INTEREST IN INDEPENDENT LIVING SERVICES, INC. -3,573,208. CHANGE IN EQUITY INTEREST IN INDEPENDENT LIVING SERVICES, INC. W/RESTRICTION -50,000. IMPLICIT PRICE CONCESSIONS RECORDED ON 990 AS BAD DEBT -84,969. PART XI, LINE 4B - OTHER ADJUSTMENTS: CACFP GRANT 45,176. PART XII, LINE 4B - OTHER ADJUSTMENTS: CACFP EXPENSE 45,176. IMPLICIT PRICE CONCESSIONS RECORDED ON 990 AS BAD DEBT 84,969. 1 X X X X 0 0 0 0 0 0 0 0 0 DOUGLAS TUCKER BOARD MEMBER/MEDICAL DIREC 0 349483 0 25000 0 0 0 6459 0 18354 0 399296 0 0 KIMBERLY TOWNSEND PRESIDENT 12513 488015 649 25330 0 0 167 6502 567 22103 13896 541950 0 0 JOHN MURRAY CFO 6184 241179 217 8451 0 0 183 7141 123 4801 6707 261572 0 0 ALLISON WOLLEN VP OF HR 1959 76416 0 0 2435 94981 53 2058 47 1815 4494 175270 0 0 BRANDON CLAPS CIO 3819 148940 140 5447 0 0 122 4774 449 17514 4530 176675 0 0 STEPHANIE BUTTON VP OF LORETTO INDEPENDENT LIVING SER 4043 157676 143 5569 0 0 125 4887 263 10250 4574 178382 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION'S MEMBERS CONSIST OF DESIGNATED MEMBERS AND ELECTED MEMBERS. THE DESIGNATED MEMBERS INCLUDE THE BISHOP OF THE ROMAN CATHOLIC DIOCESE OF SYRACUSE, NEW YORK; THE VICAR GENERAL OF THE ROMAN CATHOLIC DIOCESE OF SYRACUSE, NEW YORK; THE DIRECTOR OF CATHOLIC CHARITIES OF THE ROMAN CATHOLIC DIOCESE OF SYRACUSE, NEW YORK; AND THE CHAIR OF LMC. THE ELECTED MEMBERS ARE VARIOUS CENTRAL NEW YORK COMMUNITY INDIVIDUALS. THE CORPORATION IS THE SOLE CORPORATE MEMBER OF LORETTO INDEPENDENT LIVING SERVICES, INC. FORM 990, PART VI, SECTION A, LINE 7A THE BUSINESS AND PROPERTY OF THE CORPORATION ARE MANAGED AND CONTROLLED BY A BOARD OF TRUSTEES WHO ARE ELECTED ANNUALLY BY THE MEMBERS OF THE CORPORATE MEMBER OF THE CORPORATION TO HOLD OFFICE UNTIL THE NEXT ANNUAL MEETING OF THE CORPORATE MEMBER. THE TRUSTEES ARE CHOSEN BY BALLOT AT SUCH MEETING BY A MAJORITY OF THE VOTES OF THE MEMBERS OF THE CORPORATE MEMBER. FORM 990, PART VI, SECTION B, LINE 11B BEFORE FILING, A COPY OF FORM 990 WAS REVIEWED BY THE FINANCE COMMITTEE. THE FINANCE COMMITTEE IS COMPRISED OF MEMBERS OF THE BOARD OF TRUSTEES. THE RETURN WAS MADE AVAILABLE TO ALL MEMBERS OF THE COMMITTEE FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE NOMINATING AND DEVELOPMENT COMMITTEE OF THE LORETTO BOARD OF TRUSTEES REQUESTS ALL TRUSTEES TO COMPLETE A CONFLICT OF INTEREST ASSESSMENT. THE ASSESSMENTS ARE RETURNED TO THE EXECUTIVE OFFICE AND REVIEWED FOR ANY POTENTIAL CONFLICTS. SHOULD A CONFLICT ARISE, TRUSTEES ARE ASKED TO RECUSE THEMSELVES FROM THE DELIBERATIONS AND THE DECISION MAKING PROCESS REGARDING THE TRANSACTION. ADDITIONALLY, ALL EMPLOYEES ARE REQUIRED TO ATTEST ANNUALLY TO A CORPORATE CODE OF CONDUCT WHICH ADDRESSES CONFLICT OF INTEREST ISSUES. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION AND BENEFITS COMMITTEE OF THE BOARD OF TRUSTEES OF LORETTO (THE COMMITTEE) IS RESPONSIBLE FOR REVIEWING AND APPROVING PROPOSED COMPENSATION AND BENEFIT ARRANGEMENTS FOR KEY EMPLOYEES (COVERED PERSONS). IN REVIEWING THE REASONABLENESS OF PROPOSED COMPENSATION AND BENEFIT ARRANGEMENTS FOR COVERED PERSONS, THE COMMITTEE CONSIDERS A DETAILED DESCRIPTION OF THE COMPENSATION/BENEFIT ARRANGEMENT RECOMMENDED AND THE REASONS FOR THE RECOMMENDATION, INCLUDING EXTERNAL LABOR MARKET DATA AND COMPARABILITY INFORMATION FOR SIMILARLY SITUATED PERSONS AT LIKE ORGANIZATIONS. COMPARABILITY INFORMATION IS OBTAINED FROM INDEPENDENT SOURCES- FROM RESEARCH OF PUBLICALLY AVAILABLE DATA (E.G., WAGE AND BENEFIT SURVEY DATA). BOTH EXTERNAL DATA AND INTERNAL FACTORS ARE TAKEN INTO ACCOUNT BY THE COMMITTEE AS IT REVIEWS COMPENSATION AND BENEFIT RECOMMENDATIONS. WHEN MAKING 2019 COMPENSATION DECISIONS, MANAGEMENT BENCHMARKED COMPETITIVE EXECUTIVE COMPENSATION LEVELS USING MULTIPLE INDUSTRY COMPENSATION SURVEYS THE COMMITTEE DOCUMENTS DECISIONS AND THE BASIS FOR DECISIONS REGARDING COMPENSATION AND BENEFIT ARRANGEMENTS FOR COVERED PERSONS IN THE FORM OF MINUTES THAT ARE MAINTAINED FOR ALL MEETINGS OF THE COMMITTEE. COVERED PERSONS ARE EXCLUDED FROM DELIBERATIONS REGARDING RECOMMENDED COMPENSATION AND BENEFIT ARRANGEMENTS. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION PROVIDES FORM 1023 AND FORM 990 TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES OTHER INFORMATION REQUIRED UNDER INTERNAL REVENUE SERVICE REGULATIONS TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A: DOUGLAS TUCKER IS A BOARD MEMBER AND THE MEDICAL DIRECTOR AT LORETTO INDEPENDENT LIVING SERVICES, INC. KIMBERLY TOWNSEND IS THE PRESIDENT AND CEO OF THE LORETTO ORGANIZATION, WHICH INCLUDES ALL ENTITIES LISTED ON SCHEDULE R. JOHN MURRAY IS CFO OF THE LORETTO ORGANIZATION, WHICH INCLUDES ALL ENTITIES LISTED ON SCHEDULE R. ALLISON WOLLEN IS THE FORMER VICE PRESIDENT OF HUMAN RESOURCES OF THE LORETTO ORGANIZATION, WHICH INCLUDES ALL ENTITIES LISTED ON SCHEDULE R. BRANDON CLAPS IS THE CHIEF INFORMATION OFFICER OF THE LORETTO ORGANIZATION, WHICH INCLUDES ALL ENTITIES LISTED ON SCHEDULE R STEPHANIE BUTTON IS VICE PRESIDENT OF LORETTO INDEPENDENT LIVING SERVICES, INC. AND OVERSEES THE OPERATIONS OF THE CLINIC OPERATED BY LORETTO REST REALTY CORPORATION. FORM 990, PART IX, LINE 11G MEDICAL AND OTHER RELATED SERVICES: PROGRAM SERVICE EXPENSES 192,559. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 192,559. FORM 990, PART XI, LINE 9: CHANGE IN EQUITY INTEREST IN LORETTO INDEPENDENT LIVING SERVICES, INC -3,623,208. EQUITY TRANSFER FROM AFFILIATE 198,121. FORM 990, PART XII LINE 2C THE LORETTO AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE ORGANIZATION'S AUDIT AND SELECTION OF AN INDEPENDENT AUDITOR. FORM 990, PART V LINE 2A COMMON PAYMASTER THE ORGANIZATION IS THE COMMON PAYMASTER FOR SALARIES FOR: BERNARDINE APARTMENTS 16-1012804 CHURCHILL MANOR, INC. 16-1006158 LORETTO ADULT COMMUNITY, INC. 22-2588128 LORETTO GERIATRIC COMMUNITY RESIDENCES 16-1234898 LORETTO INDEPENDENT LIVING SERVICES INC. (PACE) 16-1470454 LORETTO MANAGEMENT CORPORATION 22-3174823 NOTTINGHAM RHCF 16-1468624 THE LORETTO FOUNDATION 22-2339225 NOTTINGHAM RETIREMENT COMMUNITY, INC. 16-1468628 ADVANCED INSTITUTIONAL SUPPORT SERVICES LLC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 200424458 PROVIDES FOOD AND FOOD SERVICE OPERATIONS TO VARIOUS LORETTO AFFILIATES NY LORETTO MANAGEMENT CORPORATION LORETTO HEALTH AND REHABILITATION CENTER 700 EAST BRIGHTON AVE SYRACUSE NY 13205 200503099 SKILLED NURSING FACILITY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 BERNARDINE APARTMENTS 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161012804 OPERATES LOW INCOME HOUSING FOR THE ELDERLY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 LORETTO ADULT COMMUNITY INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 222588128 OPERATES AN ASSISTED LIVING PROGRAM NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 LORETTO GERIATRIC COMMUNITY RESIDENCES 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161234898 OPERATES COMMUNITY RESIDENCES FOR MENTALLY DISABLED PERSONS IN NEED OF SUPER NY 501C3 7 LORETTO MANAGEMENT CORPORATION 0 LORETTO INDEPENDENT LIVING SERVICES INC (PACE) 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161470454 PROGRAM FOR THE ALL INCLUSIVE CARE FOR THE ELDERLY NY 501C3 9 LORETTO REST REALTY CORPORATION 0 NOTTINGHAM RHCF 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161468624 SKILLED NURSING FACILITY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 NOTTINGHAM RETIREMENT COMMUNITY INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161468628 OPERATES A SENIOR LIVING COMMUNITY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 LORETTO PROPERTIES CORPORATION 700 EAST BRIGHTON AVE SYRACUSE NY 13205 222809537 OPERATES AND MANAGES REAL PROPERTY USED FOR THE HOUSING AND SERVICES FOR THE NY 501C3 11-TYPE II LORETTO MANAGEMENT CORPORATION 0 THE LORETTO FOUNDATION 700 EAST BRIGHTON AVE SYRACUSE NY 13205 222339225 CHARITABLE ACTIVITIES THAT BENEFIT THE LORETTO ORGANIZATION NY 501C3 11-TYPE II LORETTO MANAGEMENT CORPORATION 0 LORETTO APARTMENTS HOUSING DEVELOPMENT FUND COINC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161496955 OWNER OF LOW INCOME HOUSING FOR THE ELDERLY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 LORETTO MALTA MANOR HOUSING DEVELOP FUND CO INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161561842 OWNER OF LOW INCOME HOUSING FOR THE ELDERLY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 LORETTO O'BRIEN ROAD HOUSING DEV FUND CO INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161594409 OWNER OF LOW INCOME HOUSING FOR THE ELDERLY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 CHURCHILL MANOR INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161006158 OPERATES AN ASSISTED LIVING FACILITY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 LORETTO HOUSING DEVELOPMENT FUND CO INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 223116481 OWNER OF REAL PROPERTY USED FOR HOUSING THE ELDERLY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 LORETTO APARTMENTS AT O'BRIEN ROAD HOUSING DEVELOPMENT FUND COMPANY INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 462450456 OWNER OF LOW INCOME HOUSING FOR THE ELDERLY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 LORETTO REST INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 150532210 PARENT CORPORATION TO VARIOUS LORETTO NOT FOR PROFIT CORPORATIONS NY 501C3 7 LORETTO MANAGEMENT CORPORATION 0 ELBRIDGE ADULT COMMUNITY 701 EAST BRIGHTON AVE SYRACUSE NY 13205 222784983 INACTIVE NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 LORETTO MANAGEMENT CORPORATION 700 EAST BRIGHTON AVE SYRACUSE NY 13205 222873640 TO ADVISE & ASSIST IN THE COORDINATING OF HEALTH, HOUSING AND WELFARE OF THE NY 501C3 11-TYPE II LORETTO MANAGEMENT CORPORATION 0 MANDORLA GARDENS HOUSING DEVELOPMENT FUND COMPANY INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 273993174 OWNER & LESSOR OF A FACILITY USED TO OPERATE AS A TAX EXEMPT SNF NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 AUBURN SENIOR SERVICES INC 3 STANTHONY ST AUBURN NY 13021 463900740 TO OPERATE A SKILLED NURSING FACILITY NY 501C3 9 LORETTO MANAGEMENT CORPORATION 0 BRIGHTON MANAGEMENT SERVICES INC 700 EAST BRIGHTON AVE SYRACUSE NY 13205 161453312 CONSULTING SERVICES NY N/A C 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0