2020-02-12T06:34:28-06:00 2019-09-30 061009205 BLUM SHAPIRO & COMPANY PC CPA'S 29 S MAIN STREET PO BOX 272000 WEST HARTFORD CT 061272000 990 2018-10-01 060677159 PIERCE MEMORIAL BAPTIST HOME INC PIER 8607749050 44 CANTERBURY ROAD BROOKLYN CT 06234 PATRICIA MORSE PRESIDENT/CEO 8607749050 2020-02-11 1 JOHN TOSCANO P00358542 8605614000 2020-02-11 64.251.63.131 2020-02-11 09:32:29 ES P 3C3F3A9A6A2C4A7FAF67B2138946307825C80BAE 9F3B9057DC4C1AB93FF6CCB85D8B21EC61D194BB 2018 2021-01-29 14:40:06Z PIERCECARE PATRICIA MORSE 44 CANTERBURY ROAD BROOKLYN CT 06234 12121796 0 X WWW.PIERCECARE.ORG X 1951 CT PIERCECARE IS A FAITH-BASED NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES A COMPASSIONATE CONTINUUM OF CARE AND SERVICES FOR ANY INDIVIDUAL IN A PLACE THEY CALL HOME. 8 8 244 20 0 0 8849 9947 11149457 11371148 515021 550570 13103 13664 11686430 11945329 0 0 0 0 5634299 5737272 0 0 0 5014482 5210764 10648781 10948036 1037649 997293 24146117 24822321 10785099 10521461 13361018 14300860 X PIERCECARE IS A FAITH-BASED NOT-FOR-PROFIT ORGANIZATION THAT PROVIDES A COMPASSIONATE CONTINUUM OF CARE AND SERVICES FOR ANY INDIVIDUAL IN A PLACE THEY CALL HOME. 0 0 6351903 7653928 LONG TERM CARE AND SHORT TERM REHABILITATION CENTER - THE APPROXIMATELY 55,000 SQUARE FOOT FACILITY CONTAINS 72 BEDS, THERAPY SPACE AND COMMON LIVING, DINING, AND RECREATION AREAS. LONG TERM RESIDENTS ENJOY A VARIETY OF PROGRAMS SUCH AS DAILY EXERCISE, GAMES, MUSIC, BINGO, PARTIES, AND BAKING, AS WELL AS A WIDE VARIETY OF INTELLECTUALLY STIMULATING PROGRAMS. THE FACILITY PROVIDES COMPREHENSIVE SERVICES TO THOSE PERSONS IN NEED OF SHORT TERM REHABILITATION FOLLOWING SURGERY OR ACUTE ILLNESSES. THESE INCLUDE PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES AS WELL AS 24 HOUR NURSING CARE, TEACHING, EDUCATION, ETC. PRIOR TO RETURNING HOME IN THE COMMUNITY. 2633912 3173817 INDEPENDENT LIVING - THIS CONSISTS OF 82 APARTMENTS AND 6 COTTAGES. THIS PROGRAM IS DESIGNED TO BE A COMMUNITY FOR RETIRED PEOPLE WHO SEEK THE EASE AND SECURITY OF GRACIOUS AND EXCEPTIONAL LIVING AMIDST FAMILIAR SURROUNDINGS AND FRIENDS. 450964 543403 ASSISTED LIVING - THIS PROGRAM PROVIDES THE FREEDOM AND FLEXIBILITY OF AN INDEPENDENT HOME ENVIRONMENT PARTNERED WITH HIGH-QUALITY, INDIVIDUALIZED ASSISTED LIVING SERVICES. ASSISTED LIVING SERVICES ARE DESIGNED TO PROVIDE RESIDENTS WITH ASSISTANCE WITH BASIC ACTIVITIES OF DAILY LIVING SUCH AS BATHING, GROOMING, DRESSING, AND MORE. 13664 VENDING MACHINES AND CONVENIENCE ITEMS AVAILABLE FOR SALE TO THE RESIDENTS:THE REVENUES FOR THIS ACTIVITY AMOUNTED TO $1,532.OTHER PROGRAM SERVICE REVENUE: $12,132 13664 9436779 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 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 0 0 0 0 0 0 1 31 0 1 244 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CT X BLUMSHAPIRO 8602959600 344 NORTH MAIN STREET MARLBOROUGH CT 06447 X SANDY STEVENS CHAIR 10.00 X X 0 0 0 PETER YOUNG VICE CHAIR 1.00 X X 0 0 0 DAVID JONES TREASURER 10.00 X X 0 0 0 DAVID STEVENS BOARD SECRETARY 1.00 X 0 0 0 ROBERT AVENA ESQ BOARD MEMBER 1.00 X 0 0 0 REV SAMUEL CHESSER BOARD MEMBER 1.00 X 0 0 0 BILL MCMUNN BOARD MEMBER 1.00 X 0 0 0 MARK KANE BOARD MEMBER 1.00 X 0 0 0 PATRICIA MORSE PRESIDENT/CEO 20.00 X 0 0 0 0 0 0 0 0 0 0 PREFERRED THERAPY SOLUTIONS 850 SILAS DEANE HIGHWAY WETHERSFIELD CT 06109 CONTRACT THERAPY 521038 HEALTHCARE SERVICES GROUP PO BOX 829677 PHILADELPHIA PA 19182 LAUNDRY AND HOUSEKEEPING 343440 UNIDINE PO BOX 102289 ATLANTA GA 30368 DINING SERVICES 156580 OMNICARE PO BOX 781668 DETROIT MI 48278 CONTRACT PHARMACY 121046 4 9947 9947 LONG TERM CARE & ST REHAB 623000 7653928 7653928 INDEPENDENT LIVING 531110 3173817 3173817 ASSISTED LIVING 531110 543403 543403 11371148 288836 288836 438201 176467 261734 261734 261734 6960 0 6960 6960 OTHER INCOME 900099 6704 6704 6704 11945329 11384812 0 550570 4622526 4269649 352877 27554 27554 761059 724541 36518 326133 326133 6206 6206 157613 157613 59171 59171 882894 540909 341985 61907 61907 723605 690864 32741 1210 1210 1097897 1097897 3408 3408 15658 15658 328139 328139 686490 674691 11799 108997 36295 72702 LICENSES, DUES & FEES 502288 502288 FOOD 309346 309346 MAINTENANCE - SERVICE 159632 159632 SERVICE CONTRACTS 98239 98239 8064 4289 3775 10948036 9436779 1511257 0 X 1582594 1026410 813450 1202030 539274 470595 19777 20743 104889 122615 23389108 13430269 8673872 9958839 8177466 10065926 228822 0 4005973 1955163 24146117 24822321 710807 993920 9730139 9158738 62836 82281 281317 286522 10785099 10521461 X 10926539 11871161 2434479 2429699 13361018 14300860 24146117 24822321 X 997293 -52671 -4780 X X 0 1 X 1 0 X 13679 12020 5679 8849 9947 50174 10644528 10793173 10749971 11162560 11384812 54735044 10658207 10805193 10755650 11171409 11394759 54785218 0 55674 79169 134843 55674 79169 134843 54650375 286062 279071 256245 260283 288836 1370497 286062 279071 256245 260283 288836 1370497 10944269 11084264 11011895 11431692 11683595 56155715 0.97320 0.97230 0.02440 0.02430 X 0 1 X 7619244 313036 152400 41960 7737920 6705707 1106302 152400 40365 7619244 6378220 519568 156139 35942 6705707 5752090 811559 152400 33029 6378220 6173553 -234731 152400 34332 5752090 0.68050 0.31950 0 0 19391362 11029210 8362152 3108881 2401059 707822 888865 888865 9958839 INTEREST IN TRUST 1586360 RESTRICTED INVESTMENTS AND CASH 368803 1955163 SECURITY DEPOSITS 286522 286522 11856850 -52671 23363 -29308 11886158 59171 59171 11945329 10912228 23363 23363 10888865 59171 59171 10948036 PART IV, LINE 2B: SECURITY DEPOSITS AND RESTRICTED TRUST FUNDS. PART V, LINE 4: TO PROVIDE INTEREST AND EARNINGS TO SUPPORT OPERATING AND CAPITAL NEEDS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECOVERY OF BAD DEBTS 23,363. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECOVERY OF BAD DEBTS 23,363. A STATE OF CT HEALTH & ED FACILITIES AUTHORITY 060806186 2013-03-13 11454000 REFINANCE OF PRIOR BONDS 0 0 0 A 2078239 11454000 225924 11228076 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 0 0 0 0 0 A 0 PART II, LINE 11 - OTHER SPENT PROCEEDS: BOND PROCEEDS IN THE AMOUNT OF $11,228,067 WERE USED TO REFINANCE PRIOR BONDS. PART II - PROCEEDS THE AMOUNT OF TAX-EXEMPT BOND LIABILITIES REPORTED ON FORM 990, PART X, LINE 20 DIFFERS FROM THE NET OF THE AMOUNTS REPORTED ON PART II, LINES 1 AND 3 BY THE AMOUNT OF THE UNAMORTIZED DEFERRED FINANCING COSTS RELATED TO THE BONDS. FORM 990, PART VI, SECTION A, LINE 3 PIERCE MEMORIAL BAPTIST HOME, INC. ENTERED INTO A LEASED EMPLOYEE SERVICES AGREEMENT WITH CT BAPTIST HOMES, INC. UNDER THIS AGREEMENT, CT BAPTIST HOMES HAS AGREED TO LEASE TO PIERCE MEMORIAL BAPTIST HOME, ON A PART-TIME BASIS, THE SERVICES OF ITS CEO. IN CONSIDERATION FOR THESE SERVICES, PIERCE MEMORIAL BAPTIST HOME HAS AGREED TO REIMBURSE CT BAPTIST HOMES FOR FIFTY PERCENT OF THE CEO'S ANNUAL SALARY, PAYROLL TAXES AND BENEFITS FOR A PERIOD OF THREE YEARS, THROUGH FEBRUARY 28, 2017. IN MARCH 2017, THE CONTRACT WAS RENEWED FOR AN ADDITIONAL THREE-YEAR TERM THROUGH FEBRUARY 28, 2020. PATTY MORSE RECEIVED COMPENSATION OF $208,142 FROM CT BAPTIST HOMES FOR CEO SERVICES PROVIDED TO PIERCE MEMORIAL BAPTIST HOME DURING THE YEAR. PIERCE MEMORIAL BAPTIST HOME, INC. CONTRACTS A PORTION OF ITS BOOKKEEPING SERVICES TO BLUMSHAPIRO. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS MADE AVAILABLE TO EACH BOARD MEMBER PRIOR TO FILING. ANY QUESTIONS ARE THEN ADDRESSED BY THE PRESIDENT AND CEO OR THE INDEPENDENT ACCOUNTING FIRM PRIOR TO FILING THE 990. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL EMPLOYEES ARE INFORMED ABOUT ETHICS AND HOW TO REPORT ANY ISSUES THEY BECOME AWARE OF. THE ETHICS INCLUDES CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION OF THE CEO IS REVIEWED ANNUALLY TO OUTSIDE SOURCES SUCH AS, OTHER FORM 990S OF COMPARABLE FACILITIES AND INDEPENDENT COMPENSATION CONSULTANTS RECOMMENDATIONS AND ESTABLISHED WITH A COMPENSATION COMMITTEE, APPROVAL OF THE BOARD AND A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND THE CONFLICT OF INTEREST STATEMENT ARE AVAILABLE AT THE FACILITY'S OFFICE. FORM 990, PART X, LINE 14 DEFERRED FINANCING COSTS HAVE BEEN RECLASSIFIED TO TAX-EXEMPT BOND LIABILITIES ON LINE 20 FOR THE 2019 TAX YEAR (END OF YEAR COLUMN). FORM 990, PART XI, LINE 9: CHANGE IN THE VALUE OF PERPETUAL TRUSTS -4,780. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE PROCESS FROM LAST YEAR.