2020-11-11T12:43:22-06:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 4601 SIX FORKS ROAD SUITE 350 RALEIGH NC 27609 990 2019-01-01 042103905 THE BOSTON HOME INC BOST 6178253905 2049 DORCHESTER AVENUE BOSTON MA 02124 FRANCIS R MURPHY III CHIEF FINANCIAL OFFICER 6178253905 2020-11-11 1 MICHELE PRATT P00643742 9197813581 50.210.64.33 2020-11-11 10:47:47 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 38F20A76F3E8C60D9DEF24157DEB90708B107CBE 2019 2021-01-29 14:40:06Z FRANCIS R MURPHY III 2049 DORCHESTER AVENUE BOSTON MA 02124 29750163 0 X WWW.THEBOSTONHOME.ORG X 1884 MA TO IMPROVE THE LIVES OF ADULTS WITH ADVANCED MULTIPLE SCLEROSIS AND OTHER NEUROLOGICAL DISORDERS. 23 23 272 85 0 -26154 824817 753051 11315501 11771716 2569581 5353747 12127 12898 14722026 17891412 36094 0 0 0 10096258 10924735 0 0 403888 5172539 4869421 15304891 15794156 -582865 2097256 64806712 68718392 13255066 12561241 51551646 56157151 X THE BOSTON HOME SEEKS TO IMPROVE THE LIVES OF ADULTS WITH ADVANCED MULTIPLE SCLEROSIS AND OTHER NEUROLOGICAL DISORDERS. 0 0 12597155 11784614 FOUNDED IN 1881, THE BOSTON HOME IS A NOT-FOR-PROFIT, SPECIALIZED RESIDENCE AND CENTER FOR CARE FOR ADULTS WITH ADVANCED PROGRESSIVE NEUROLOGICAL DISEASES INCLUDING MULTIPLE SCLEROSIS. WE HAVE BEEN DESIGNATED A "CENTER FOR EXCELLENCE IN LONG TERM CARE" BY THE NATIONAL MULTIPLE SCLEROSIS SOCIETY AND ARE THE ONLY FACILITY OF OUR KIND IN NEW ENGLAND AND ONE OF ONLY A FEW IN THE UNITED STATES. THE BOSTON HOME INSTITUTE ADVANCES STANDARDS FOR CARE THROUGH RESEARCH, EDUCATION AND ADVOCACY.THE BOSTON HOME'S OUTPATIENT WHEELCHAIR SEATING CLINIC BRINGS TOGETHER PHYSICAL THERAPISTS, VENDORS AND ADAPTIVE TECHNOLOGY SPECIALISTS WHO WORK WITH COMPLEX REHABILITATION CLIENTS TO PRESCRIBE, ORDER AND CUSTOMIZE WHEELCHAIRS. B.FIT!, OUR SOCIAL DAY PROGRAM, PROVIDES PARTICIPANTS WITH A SAFE AND SOCIALLY ENRICHING ENVIRONMENT WHERE THEY HELP SHAPE A SCHEDULE OF ACTIVITIES DESIGNED TO ACHIEVE AND MAINTAIN MAXIMUM LEVELS OF PERSONAL INDEPENDENCE. THE BOSTON HOME'S WHEELCHAIR ENHANCEMENT CENTER (WEC) PROVIDES THE GREATER BOSTON DISABLED COMMUNITY WITH A RESOURCE FOR CUSTOMIZED WHEELCHAIR SOLUTIONS, EMERGENCY WHEELCHAIR REPAIRS AND SERVICE REFERRALS FOR THE MYRIAD OF MOBILITY EQUIPMENT AND TECHNOLOGICAL ADAPTATIONS NOW BEING USED. THE NATIONAL MAGAZINE PUBLISHER MCKNIGHT'S LONG-TERM CARE NEWS & ASSISTED LIVING AWARDED THE BOSTON HOME ITS GOLD AWARD IN THE INNOVATOR OF THE YEAR CATEGORY IN THE MCKNIGHT'S TECHNOLOGY AWARDS CONNECT OUR WORLD FOR ITS WHEELCHAIR ENHANCEMENT CENTER 12597155 1 1 0 1 0 0 0 0 1 1 1 1 0 1 1 1 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 25 0 272 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X FRANCIS R MURPHY III 6173264294 2049 DORCHESTER AVENUE BOSTON MA 02124 DEBRA FRANKEL TRUSTEE 1.00 X 0 0 0 DR LEIGH HOCHBERG TRUSTEE 1.00 X 0 0 0 ELIZABETH COLBURN-MORAITES TRUSTEE 1.00 X 0 0 0 JAMES SEIDE TRUSTEE 1.00 X 0 0 0 JOHN WOODARD TRUSTEE 1.00 X 0 0 0 KAREN QUIGLEY TRUSTEE 1.00 X 0 0 0 LAURA SALTONSTALL TRUSTEE 1.00 X 0 0 0 MAUREEN FEENEY TRUSTEE 1.00 X 0 0 0 RONALD ROSENBERG TRUSTEE 1.00 X 0 0 0 SALLY MICHAEL TRUSTEE 1.00 X 0 0 0 SAMANTHA BUDD HAEBERLEIN TRUSTEE 1.00 X 0 0 0 VIRGINIA MIRISOLA TRUSTEE 1.00 X 0 0 0 KRISTEN CASSETTA TRUSTEE 1.00 X 0 0 0 DAVID RINTELL TRUSTEE 1.00 X 0 0 0 LORI ESPINO TRUSTEE 1.00 X 0 0 0 CARRIE STEWART HANOVER-MARTIN TRUSTEE 1.00 X 0 0 0 DAVID YOUNG-HONG TRUSTEE (UNTIL JAN 2019) 1.00 X 0 0 0 CINDY BAGLEY TRUSTEE (UNTIL MARCH 2019) 1.00 X 0 0 0 KURT A ROCKSTROH TRUSTEE (UNTIL AUGUST 2019) 1.00 X 0 0 0 RANDOLPH G HAWTHORNE CHAIR 1.00 X X 0 0 0 VIRGINIA SOYBEL TREASURER 1.00 X X 0 0 0 KENNETH SMITH CLERK (UNTIL JAN 2019) 1.00 X X 0 0 0 CHRISTINE REILLY PRESIDENT & CEO 40.00 X 232654 0 4275 FRANCIS R MURPHY III CHIEF FINANCIAL OFFICER 40.00 X 183858 0 3548 JESSICA REILLY DIRECTOR OF NURSING 40.00 X 115204 0 2301 YANICK DORZIN NURSE 40.00 X 113491 0 2263 MARIBETH MCKENZIE MACDONALD DEVELOPMENT 40.00 X 112066 0 1000 ALEXANDER BURNHAM SPEECH LANGUAGE THERAPIST 40.00 X 107943 0 14657 865216 0 28044 6 0 1 0 0 31426 721625 753051 NET PATIENT SERVICE REVENUE 623000 11771716 11771716 11771716 428659 428659 16783839 11858751 4925088 4925088 4925088 MISCELLANEOUS INCOME 900099 12898 12898 12898 17891412 11784614 0 5353747 424335 18954 405381 8789461 7659527 858457 271477 95041 77239 16373 1429 915110 809211 88868 17031 700788 590325 89272 21191 56329 56329 117486 117486 311276 280018 28112 3146 62602 16204 2668 43730 71558 57614 11018 2926 191593 155516 34889 1188 411225 337331 71461 2433 3778 3778 568093 568093 1001907 813248 182447 6212 90600 75369 12713 2518 USER FEE 735672 735672 SUPPLIES 606690 588744 17355 591 FOOD 293412 293412 ANCILLARY EXPENSES 225448 225448 121752 30902 60834 30016 15794156 12597155 2793113 403888 211613 678385 3702513 2914687 461272 521468 880920 964400 233235 304807 26629658 16465950 10767535 10163708 14052229 20320557 30937468 29048286 3559927 3802094 64806712 68718392 2048317 1886735 50820 48188 10245938 9672121 909991 954197 13255066 12561241 X 47975626 52464995 3576020 3692156 51551646 56157151 64806712 68718392 X 2097256 2552455 -44206 X 0 1 X 1 0 X 541588 557979 471215 824817 753051 3148650 10645929 10807014 11319822 11315501 11771716 55859982 11187517 11364993 11791037 12140318 12524767 59008632 24280 34630 30500 83303 50500 223213 0 24280 34630 30500 83303 50500 223213 58785419 605359 263014 411946 805779 428659 2514757 605359 263014 411946 805779 428659 2514757 6734 22 6756 6888 14483 32039 12127 12898 78435 11806498 11642512 12235022 12958224 12966324 61608580 0.95420 0.95240 0.04080 0.04280 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: DAY PROGRAM INCOME - ENERGY REBATES - 2017 AMOUNT: $ 16,870. MUNICIPAL DERIVATIVES SETTLEMENT - 2017 AMOUNT: $ 6,570. STATE REFUND - 2017 AMOUNT: $ 3,525. OTHER INCOME - 2015 AMOUNT: $ 6,888. 2016 AMOUNT: $ 14,483. 2017 AMOUNT: $ 5,074. 2018 AMOUNT: $ 12,127. 2019 AMOUNT: $ 12,898. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 24000 0 1 1334 25334 0 PART II-B, LINE 1: THE ORGANIZATION RETAINS LOBBYIST ROBERT WHITE ASSOCIATES TO OVERSEE MASSHEALTH RATE ISSUES. IN 2019, THE AMOUNT PAID TO ROBERT WHITE ASSOCIATES DESIGNATED AS LOBBYING WAS $24,000. IN ADDITION, THE ORGANIZATION PAYS DUES TO THE AMERICAN HEALTH CARE ASSOCIATION; THE NEW ENGLAND COUNCIL; AND THE MASSACHUSETTS SENIOR CARE ASSOCIATION, A PORTION OF WHICH ARE ATTRIBUTABLE TO LOBBYING, $554, $26, AND $754, RESPECTIVELY. 0 1 X 48650134 7676023 4272597 52053560 56421353 -4271219 3500000 48650134 53586337 7035016 4200000 56421353 53464022 -4779 3024094 2900000 53583337 57116833 8108 -1560919 2100000 53464022 0.94290 0.02390 0.03320 1 0 35045 35045 23334249 14187706 9146543 3044996 2080456 964540 215368 197788 17580 10163708 INVESTMENTS-OTH SECS(DETAIL)-990 29048286 C 29048286 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 617689 NOTE RECEIVABLE RELATED PARTY 3090751 CONSTRUCTION IN PROGRESS 93654 3802094 INTEREST RATE SWAP AGREEMENT 954197 954197 X 20443867 2552455 2552455 17891412 0 17891412 15838362 44206 44206 15794156 0 15794156 PART IV, LINE 2B: THE ORGANIZATION HOLDS ESCROW ACCOUNTS WHICH ARE RESIDENT TRUST FUNDS. PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS ARE USED TO SUPPLEMENT THE OPERATING COSTS OF THE BOSTON HOME IN FURTHERANCE OF ITS MISSION. PART X, LINE 2: THE BOSTON HOME, INC. ("TBH") IS QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. GIVEN THE LIMITED TAXABLE ACTIVITIES OF TBH, MANAGEMENT CONCLUDED THAT DISCLOSURES RELATIVE TO TAX PROVISIONS ARE NOT NECESSARY. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SWAP AGREEMENT 44,206. X X 0 1 0 0 0 0 0 0 0 CHRISTINE REILLY PRESIDENT & CEO 213769 0 8000 0 10885 0 4275 0 0 0 236929 0 0 0 FRANCIS R MURPHY III CHIEF FINANCIAL OFFICER 183858 0 0 0 0 0 3548 0 0 0 187406 0 0 0 A MASS HEALTH AND EDUCATIONAL FACILITIES AUTH 042456011 57585KZY7 2009-09-14 14900000 TO REFUND PRIOR BONDS 0 0 0 A 5075000 14900000 14900000 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 1 CITIZENS BANK 5.500000000000 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS OF THE CORPORATION AND SUCH ADDITIONAL TRUSTEES AS THE CHAIRMAN MAY APPOINT. THE CHAIRMAN SHALL BE THE CHAIRMAN OF THE COMMITTEE. UNLESS THE TRUSTEES OTHERWISE DETERMINE, THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO ACT ON ALL MATTERS BETWEEN MEETINGS OF THE TRUSTEES EXCEPT FOR SUCH ACTIONS THAT BY LAW MUST BE TAKEN BY THE FULL BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B WE PROVIDE THE BOARD WITH A COPY OF THE FORM 990 AS WELL AS MATERIALS TO ASSIST THEM IN COMPLETING THEIR RESPONSIBILITIES RELATED TO FORM 990. THE AUDITORS ARE ON HAND AT THE ANNUAL MEETING TO ANSWER ANY QUESTIONS THE BOARD MEMBERS MAY HAVE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, TRUSTEES, AND KEY EMPLOYEES SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY B. HAS READ AND UNDERSTANDS THE POLICY C. HAS AGREED TO COMPLY WITH THE POLICY D. UNDERSTANDS THAT THE BOSTON HOME IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 AN INDEPENDENT SUB-COMPONENT OF THE BOARD OF DIRECTORS (COMPENSATION COMMITTEE) MEETS ANNUALLY TO REVIEW AND PROVIDE RECOMMENDATIONS ON THE COMPENSATION PACKAGES OF THE ORGANIZATION'S OFFICERS, TOP MANAGEMENT OFFICIAL, AND KEY EMPLOYEES. IN ALL CASES, COMPENSATION IS SET BY INDEPENDENT PERSONS USING COMPARABILITY DATA WHERE APPLICABLE. CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATIONS AND DECISIONS IS KEPT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: (GAIN) OR LOSS ON SWAP -44,206.