2020-11-16T22:22:09-06:00 2019-12-31 271728945 PKF O'CONNOR DAVIES LLP 500 MAMARONECK AVENUE HARRISON NY 105281633 990 2019-01-01 222563733 DAUGHTERS OF MIRIAM FOUNDATION INC DAUG 9732535338 155 HAZEL STREET CLIFTON NJ 07015 FRANK DASILVA CEO 9732535338 2020-11-16 1 GARRETT M HIGGINS P00543209 9143818900 2020-11-16 24.190.81.120 2020-11-16 22:22:04 ES P A6D13489680F7BF7A058155E65F3C61B5D8EE11D 9616F4B14A694591D1E716C270910E6FA5556DA3 2019 2021-01-29 14:40:06Z FRANK DASILVA 155 HAZEL STREET CLIFTON NJ 07015 5568937 0 X WWW.DAUGHTERSOFMIRIAMCENTER.ORG X 1984 NJ THE FOUNDATION'S PURPOSE IS TO RAISE FUNDS FOR THE BENEFIT OF DAUGHTERS OF MIRIAM CENTER FOR THE AGED. 9 7 0 9 0 0 484385 616905 0 0 129407 146710 88204 109390 701996 873005 935000 1300000 0 0 76330 0 0 0 87749 5405 96889 1016735 1396889 -314739 -523884 7666960 7099489 628670 582774 7038290 6516715 TO CONDUCT CHARITABLE ACTIVITIES FOR THE BENEFIT OF DAUGHTERS OF MIRIAM CENTER FOR THE AGED AND OTHER CHARITABLE ORGANIZATIONS. 0 0 1300000 1300000 TO CONDUCT CHARITABLE ACTIVITIES FOR THE BENEFIT OF DAUGHTERS OF MIRIAM CENTER FOR THE AGED, AND OTHER CHARITABLE ORGANIZATIONS. 1300000 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X X RONIT MODDEL 9732535338 155 HAZEL STREET CLIFTON NJ 07015 FRANK DASILVIA CEO 4.00 46.00 X X 0 268791 16277 FRED FEINSTEIN VICE PRESIDENT 2.00 48.00 X X 0 174735 21225 RONIT MODDEL CONTROLLER 4.00 30.00 X 0 105195 3104 CAREN SPEIZER DIRECTOR OF MARKETING 20.00 20.00 X 0 104093 1550 JEFFFREY SILVERSHEIN PRESIDENT 0.30 1.00 X X 0 0 0 MICHAEL BIRNBERG VICE PRESIDENT 0.30 0.30 X X 0 0 0 PHILIP MOSS TREASURER 0.30 1.00 X X 0 0 0 HOWARD B BAUM TRUSTEE 1.00 1.00 X 0 0 0 JAY HOROWITZ TRUSTEE 1.00 X 0 0 0 LARRY A LEVY TRUSTEE 0.30 1.00 X 0 0 0 ALBERT SAFER TRUSTEE 1.00 0.30 X 0 0 0 0 652814 42156 0 0 1 0 0 590325 26580 616905 145617 145617 4621914 4620821 1093 1093 1093 81104 590325 50611 30493 30493 103397 24500 78897 78897 873005 0 0 256100 1300000 1300000 9000 9000 140 140 1835 1835 7125 7125 ALLOCATED SALARIES 76839 76839 OTHER GOLF EXPENSES 1950 1950 1396889 1300000 9140 87749 650038 971478 6427105 5305745 553408 41302 36409 780964 7666960 7099489 628670 582774 628670 582774 X 7016715 6484909 21575 31806 7038290 6516715 7666960 7099489 -523884 2309 0 X X 0 1 X 1 0 X X 1 DAUGHTERS OF MIRIAM CENTER FOR THE AGED 221500504 10 1 1300000 0 1 1300000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 21575 10231 31806 102030 -80455 21575 102030 102030 102030 102030 102030 102030 1.00000 0 0 0 ADVANCE TO RELATED ORGANIZATON 780964 780964 DUE TO RELATED ORGANIZATION 582774 582774 X 875174 2309 2309 872865 140 140 873005 1396749 0 1396749 140 140 1396889 PART V, LINE 4: THE FOUNDATION'S ENDOWMENT CONSISTS OF ONE FUND ESTABLISHED TO SUPPORT THE ANNUAL THANKSGIVING CELEBRATION. PER U.S. GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING BOARD-DESIGNATED ENDOWMENT FUNDS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE AGENCY RECOGNIZES THE EFFECT OF TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE AGENCY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. TRUSTEES DINNER 400626 400626 3274 GOLF TOURNAMENT 270803 189699 81104 2500 1700 25711 16025 1401 671429 590325 81104 2500 1700 25711 16025 4675 50611 30493 103397 24500 1 1.00000 103397 24500 24500 78897 NJ 1 0 1 0 1.00000 CAREN SPEIZER 155 HAZEL STREET CLIFTON NJ 07015 0 CAREN SPEIZER 0 SELLS RAFFLE TICKETS TO VARIOUS SUPPORTORS OF FDN. X 0 1 DAUGHTERS OF MIRIAM CENTER FOR THE AGED 155 HAZEL STREET CLIFTON NJ 07015 221500504 501(C)(3) 1300000 CAPITAL PROJECT SUPPORT 1 0 PART I, LINE 2: THE FOUNDATION GAVE A GRANT TO DAUGHTERS OF MIRIAM CENTER FOR THE AGED TO SUPPORT CAPITAL PROJECTS IN 2019. THE CENTER REPORTS THE USE OF THE FUNDS BACK TO THE FOUNDATION. THE FOUNDATION'S BOARD OF DIRECTORS APPROVED THE GRANT FUNDS. 0 0 0 0 0 0 0 0 0 FRANK DASILVIA CEO 0 236791 0 20000 0 12000 0 0 0 16277 0 285068 0 0 FRED FEINSTEIN VICE PRESIDENT 0 153135 0 12000 0 9600 0 0 0 21225 0 195960 0 0 PART I, LINE 3 COMPENSATION FOR OFFICERS IS DETERMINED BY DAUGHTERS OF MIRIAM CENTER FOR THE AGED AND IS ALLOCATED TO THE FOUNDATION BASED ON HOURS SPENT ON EACH FACILITY. THE PRESIDENT OF THE BOARD OF TRUSTEES AND A COMPENSATION COMITTEE MADE OF THE PAST PRESDIENTS OF THE BOARD ANNUALLY REVIEWS THE COMPENSATION FOR THE CEO AND EXECUTIVE DIRECTOR. THE BOARD APPROVES SALARIES AFTER DOING COMPARISONS WITH SIMILAR ORGANIZATIONS AND CONSIDERING THE EMPLOYEES RESPONSIBILITIES. THIS WAS LAST PERFORMED IN 2019. FORM 990, PART VI, SECTION B, LINE 11B DAUGHTERS OF MIRAM FOUNDATION, INC. HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY THE AUDIT COMMITTEE AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. ANY QUESTIONS OR COMMENTS THE BOARD HAS ARE COMMUNICATED TO THE EXECUTIVE DIRECTOR UNTIL RESOLVED. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C EVERY DIRECTOR, TRUSTEE, OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS OF THE ORGANZIATION, SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, AND HAS AGREED TO COMPLY WITH THE POLICY. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE AND NATURE OF HIS OR HER FINANCIAL INTEREST TO THE BOARD OF DIRECTORS, TRUSTEES AND/OR MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS BY THE CORPORATION CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF HIS OR HER FINANCIAL INTEREST, THE EXECUTIVE COMMITTEE SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. PROCEDURES FOR ADDRESSING THE CONFLICT OF INTEREST: A) THE EXECUTIVE COMMITTEE OF THE BOARD SHALL, IF DEEMED NECESSARY, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. B) AFTER REVIEWING THE CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE OF THE BOARD SHALL DETERMINE WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. C) IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE EXECUTIVE COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE EXECUTIVE COMMITTEE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE CORPORATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION FAIR AND REASONABLE TO THE CORPORATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FORM 1023, FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. DAUGHTERS OF MIRIAM CENTER FOR THE AGED 155 HAZEL STREET CLIFTON NJ 07015 221500504 LONG-TERM CARE NJ 501(C)(3) LINE 10 N/A 0 DAUGHTERS OF MIRIAM ASSOCAITION 155 HAZEL STREET CLIFTON NJ 07015 229900007 APARTMENT COMPLEX NJ 501(C)(4) DAUGHTERS OF MIRIAM CENTER FOR THE AGED 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0