2019-11-07T10:04:51-06:00 2018-12-31 390859910 BAKER TILLY VIRCHOW KRAUSE LLP 221 W PHILADELPHIA STREET SUITE 200 YORK PA 17401 990 2018-01-01 223701092 SJF CCRC INC SJFC 8566792211 1110 LAUREL OAK ROAD VOORHEES NJ 08043 DAVID THOMPSON CHIEF FINANCIAL OFFICER 8566792211 2019-10-18 1 KERRI N BOGDA P00760402 7178467000 96.89.178.154 2019-10-18 13:00:44 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D55C9BF7EA9CC92FF5CD8A3B56631CEAE08BA54E 2018 2020-03-31 21:24:44Z LIONS GATE SUSAN LOVE 1110 LAUREL OAK ROAD VOORHEES NJ 08043 29003928 0 X WWW.LIONSGATECCRC.ORG X 1999 NJ CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES. 17 17 276 40 0 0 412941 691928 26735550 27451494 476060 465674 297687 277761 27922238 28886857 0 0 0 0 10969212 10233301 0 0 116209 18262105 19531733 29231317 29765034 -1309079 -878177 104703652 103290944 107107928 108532425 -2404276 -5241481 X SJF-CCRC, INC., A NON-PROFIT AGENCY, IS COMMITTED TO PROVIDING THE BENEFITS OF QUALITY HOUSING AND COMPASSIONATE HEALTHCARE SERVICES TO SENIOR RESIDENTS AND THEIR FAMILIES. CONTINUED ON SCHEDULE "O".OUR COMMUNITY BASED HOUSING CREATES A DIGNIFIED AND RESPECTFUL ENVIRONMENT CONSISTENT WITH JEWISH VALUES. THROUGH COLLABORATIVE PARTNERSHIPS, WE HONOR OUR SENIORS AND STRIVE TO OFFER THEM EXCELLENT PROGRAMS TO ENHANCE THEIR SOCIAL, CULTURAL AND SPIRITUAL WELL-BEING. 0 0 25114647 0 27451494 SJF-CCRC, INC. IS A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING INDEPENDENT AND ASSISTED LIVING AS WELL AS SKILLED NURSING AND REHABILITATION FACILITIES TO THE ELDERLY POPULATION. AS A FULL-SERVICE CONTINUING CARE RETIREMENT COMMUNITY, SENIOR LIVING OPTIONS RANGE FROM INDEPENDENT LIVING TO A FULL CONTINUUM OF ON-SITE CARE - ASSISTED LIVING, SKILLED NURSING AND LONG-TERM CARE, SHORT-TERM AND OUTPATIENT REHABILITATION, MEMORY CARE AND HOME CARE. OUR RESIDENTS ENJOY AN INDEPENDENT, ENGAGING AND WORRY-FREE LIFESTYLE. THERE ARE 164 INDEPENDENT LIVING UNITS, 70 ASSISTED LIVING UNITS, 78 SKILLED NURSING BEDS AND 32 REHABILITATION BEDS. THE COMMUNITY IS LOCATED IN VOORHEES, NJ. 25114647 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 116 0 276 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X DAVID THOMPSON CFO 8566792211 1110 LAUREL OAK ROAD VOORHEES NJ 08043 DAVID GUTIN ESQ PRESIDENT 0.50 0.50 X X 0 0 0 ALISON PLATT-TARNOPOL VICE PRESIDENT 0.50 0.50 X X 0 0 0 AIMEE LEVIN VICE PRESIDENT 0.50 0.50 X X 0 0 0 MARK R ROSEN ESQ VICE PRESIDENT 0.50 0.50 X X 0 0 0 BRIAN ZELL MD TREASURER 0.50 0.50 X X 0 0 0 MICHAEL FRANKEL SECRETARY 0.50 0.50 X X 0 0 0 IAN D MEKLINSKY ESQ TRUSTEE 0.50 0.50 X 0 0 0 ANDREA ANDI LEVIN TRUSTEE 0.50 0.50 X 0 0 0 MARK ADLER TRUSTEE 0.50 0.50 X 0 0 0 RACHAEL BREKKE ESQ TRUSTEE 0.50 0.50 X 0 0 0 PEGGY DAVID TRUSTEE 0.50 0.50 X 0 0 0 NEAL A CUPERSMITH CPA TRUSTEE 0.50 0.50 X 0 0 0 NAOMI SCHIMMER TRUSTEE 0.50 0.50 X 0 0 0 ERIC CLAYMAN ESQ TRUSTEE 0.50 0.50 X 0 0 0 SUSAN HERRON TRUSTEE 0.50 0.50 X 0 0 0 ARTHUR MILGRIM TRUSTEE 0.50 0.50 X 0 0 0 CARL H BAGELL CPA TRUSTEE 0.50 0.50 X 0 0 0 RHONDA R FELD ESQ TRUSTEE (UNTIL 06/2018) 0.50 0.50 X 0 0 0 DAVID SCHLESSEL MD FACC TRUSTEE (UNTIL 06/2018) 0.50 0.50 X 0 0 0 STEPHEN SCHEINTHAL DO TRUSTEE (UNTIL 06/2018) 0.50 0.50 X 0 0 0 SUSAN LOVE CHIEF EXECUTIVE OFFICER 39.00 1.00 X 250031 0 5001 DAVID THOMPSON CHIEF FINANCIAL OFFICER 39.00 1.00 X 189644 0 0 SARAH PLASHA HUMAN RESOURCE DIRECTOR 38.00 2.00 X 141579 0 4518 JEANNE HEFFERNAN DIRECTOR OF NURSING 40.00 X 130808 0 4102 JULIET NEWELL NURSE 40.00 X 108201 0 1654 KYLE SMITH CONTROLLER 40.00 X 108054 0 0 COLMCILLE BRIGHT RN LIASON 40.00 X 105979 0 0 1034296 0 15275 7 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICES 4576231 ALLIANCE REHAB 28100 TORCH PARKWAY WARRENVILLE IL 60555 PHYSICAL REHABILITATION 1197013 OAKLEY COMMERCIAL FLOORING CONTRACTORS 12 DAVIS AVE MALVERN PA 19355 REMODELING / RENOVATIONS 535143 NURSE STAFFERS INC 146 LAKEVIEW DRIVE SUITE 200 GIBBSBORO NJ 08026 TEMP. NURSE STAFFING 303664 AREA 51 LAWNCARE & LANDSCAPING LLC 516 ELM AVE AUDUBON NJ 08106 LANDSCAPING 160375 7 65507 626421 691928 NET RESIDENT SERVICE REVENUE 623000 27451494 27451494 27451494 474145 474145 72769 64310 8459 8459 8459 8471 -8471 -8471 -8471 23063 65507 44290 -21227 -21227 MANAGEMENT FEES 900099 165000 165000 MEALS REVENUE 900099 76778 76778 TELEPHONE/CABLE REVENUE 517000 42041 42041 6710 6710 290529 28886857 27451494 0 743435 X 448469 448469 8072192 6672520 1328000 71672 144695 115371 29324 1162651 967787 185599 9265 405294 232287 167397 5610 30113 30113 66371 66371 551 551 25619 25619 3071233 2857213 214020 276449 263310 13139 860281 348648 509642 1991 68353 2745 65608 1725098 1725098 10204 6454 3750 31359 28878 2481 2942773 2942773 3293174 3293174 610739 610739 CATERING/FOOD SERVICE 4084246 4083505 741 MEDICAL SUPPLIES 696512 696512 REPAIRS & MAINTENANCE 480179 480179 BAD DEBTS 375810 375810 882669 661503 206634 14532 29765034 25114647 4534178 116209 2748338 2427459 315238 295202 251625 329733 2033098 1961211 368986 373862 104610379 33116005 73388879 71494374 11371961 11011271 14225527 15397832 104703652 103290944 4446420 4700089 2727939 3677623 57179443 58110000 42754126 42044713 107107928 108532425 X -4689131 -7393875 1929855 1777394 355000 375000 -2404276 -5241481 104703652 103290944 X -878177 -872686 -590016 -496326 X 0 1 X 1 0 X 210683 480226 566443 412941 691928 2362221 24388856 25260199 25442566 26735550 27451494 129278665 24599539 25740425 26009009 27148491 28143422 131640886 0 0 0 131640886 410487 313909 338246 295233 546914 1904789 410487 313909 338246 295233 546914 1904789 -1590014 218645 120202 303648 290529 -656990 23420012 26272979 26467457 27747372 28980865 132888685 0.99060 0.99250 0.01430 0.01170 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: BEAUTY BARBER REVENUE - 2014 AMOUNT: $ 81,648. 2015 AMOUNT: $ 91,009. GUEST ROOM REVENUE - 2014 AMOUNT: $ 11,018. 2015 AMOUNT: $ 14,620. INSURANCE REIMBURSEMENT - 2016 AMOUNT: $ 14,807. 2017 AMOUNT: $ 68,762. LOSS ON BOND REFINANCING - 2014 AMOUNT: $ -1,811,480. MAINTENANCE REVENUE - 2014 AMOUNT: $ 2,361. 2015 AMOUNT: $ 4,457. MANAGEMENT FEES - 2017 AMOUNT: $ 165,000. 2018 AMOUNT: $ 165,000. MEALS REVENUE - 2014 AMOUNT: $ 25,505. 2015 AMOUNT: $ -25,964. 2016 AMOUNT: $ 5,167. 2017 AMOUNT: $ 15,637. 2018 AMOUNT: $ 76,778. MISCELLANEOUS REVENUE - 2014 AMOUNT: $ 49,326. 2015 AMOUNT: $ 54,869. 2016 AMOUNT: $ 56,729. 2017 AMOUNT: $ 10,866. 2018 AMOUNT: $ 6,710. PRIVATE EVENTS REVENUE - 2014 AMOUNT: $ 983. REIMBURSEMENTS/DISCOUNTS - 2015 AMOUNT: $ 23,810. TELEPHONE/CABLE TV REVENUE - 2014 AMOUNT: $ 45,340. 2015 AMOUNT: $ 50,763. 2016 AMOUNT: $ 43,499. 2017 AMOUNT: $ 43,383. 2018 AMOUNT: $ 42,041. TRANSPORTATION REVENUE - 2014 AMOUNT: $ 5,285. 2015 AMOUNT: $ 5,081. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 551 551 0 PART II-B, LINE 1: SJF-CCRC, INC. PAID MEMBERSHIP DUES TO LEADING AGE AND LIFESPAN OF NJ. A PORTION OF THE DUES PAID IS ALLOCABLE TO LOBBYING EXPENSES. THE AMOUNT OF DUES PAID IN 2018 ALLOCABLE TO LOBBYING WERE $551. 6398486 96371 -265748 277240 49709 5902160 6010662 48625 665567 265535 60833 6398486 6274604 25491 361963 588582 62814 6010662 8233661 25726 115878 2018000 82661 6274604 7921998 27005 287508 2850 8233661 0.70000 0.06000 0.24000 1 0 6360288 6360288 83569214 26370443 57198771 7056637 4895980 2160657 7624240 1849582 5774658 71494374 INTEREST IN NET ASSETS OF JEWISH COMMUNITY FOUNDATION 5902160 FUNDS HELD BY TRUSTEE 7327613 DUE FROM RELATED PARTY 217837 REFUNDABLE DEPOSITS 25127 DEFERRED FINANCING COSTS 1925095 15397832 SECURITY DEPOSIT PAYABLE 348516 REFUNDABLE FEES AND DEPOSITS 37922846 DUE TO JCF 3400000 CAPITAL LEASE OBLIGATIONS 373351 42044713 X 27626445 -872686 -496326 -1369012 28995457 -108600 -108600 28886857 29873634 108600 108600 29765034 0 29765034 PART V, LINE 4: FUNDS WILL BE UTILITIZED FOR SUPPORTING THE MISSION OF THE ORGANIZATION UNDER THE GUIDANCE OF THE BOARD OF TRUSTEES. PART X, LINE 2: LIONS GATE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2018 OR 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: DECREASE IN INTEREST IN NET ASSETS OF JEWISH COMMUNITY FOUNDATION -496,326. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -64,310. FUNDRAISING EXPENSES -44,290. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 64,310. FUNDRAISING EXPENSES 44,290. TACOS & TEQUILA 88570 65507 23063 5904 23063 3392 11931 88570 65507 23063 5904 23063 3392 11931 44290 -21227 X X X X 0 0 0 0 0 0 0 0 0 SUSAN LOVE CHIEF EXECUTIVE OFFICER 233374 0 6000 0 10657 0 4694 0 307 0 255032 0 0 0 DAVID THOMPSON CHIEF FINANCIAL OFFICER 176216 0 5000 0 8428 0 0 0 0 0 189644 0 0 0 A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 64577BAR5 2014-07-02 60910712 SEE PART VI 0 0 0 A 3560000 60910712 1218214 4114778 55577720 2016 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2014 SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (F) DESCRIPTION OF PURPOSE: NEW CONSTRUCTION AND RETIREMENT OF OLD BONDS FORM 990, PART VI, SECTION A, LINE 1 THE PRESIDENT SHALL PRESIDE AT ALL MEETINGS OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS, THE IMMEDIATE PAST PRESIDENT, AND SUCH ADDITIONAL MEMBERS OF THE BOARD OF TRUSTEES AS ARE APPOINTED BY THE PRESIDENT WITH CONSENT OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL ACT FOR THE BOARD OF TRUSTEES BETWEEN REGULAR BOARD MEETINGS ON MATTERS, WHICH IN THE JUDGMENT OF THE EXECUTIVE COMMITTEE CONSTITUTE EMERGENCIES, WHICH CANNOT BE ACTED UPON IN TIME AT A REGULAR OR SPECIAL MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL PRESENT PROPOSALS TO THE BOARD OF TRUSTEES FOR ITS ACTION WITH RESPECT TO THE PROGRAMS, DIRECTION, OR MANAGEMENT OF THE FACILITIES GOVERNED BY THE CORPORATION. MINUTES OF ALL MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE MAINTAINED AND A REPORT OF BUSINESS CONDUCTED SHALL BE PRESENTED AT THE NEXT IMMEDIATE MEETING OF THE BOARD OF TRUSTEES. NO ACTION OF THE EXECUTIVE COMMITTEE SHALL BE TAKEN ON ANY MATTERS THAT WOULD OTHERWISE REQUIRE ACTION BY THE BOARD OF TRUSTEES UNLESS IT IS SUBSEQUENTLY RATIFIED BY THE BOARD. THE EXECUTIVE COMMITTEE SHALL MEET AT LEAST QUARTERLY. FORM 990, PART VI, SECTION A, LINE 7A AN AFFILIATED COMPANY, JEWISH FEDERATION OF SOUTHERN NEW JERSEY, HAS THE RIGHT TO APPOINT TWO MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B AN AFFILIATED COMPANY, JEWISH FEDERATION OF SOUTHERN NEW JERSEY, HAS THE RIGHT TO VOTE ON TWO MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE CFO WILL REVIEW THE 990 IN DETAIL. A COPY OF THE 990 WILL BE PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING. A COPY WILL ALSO BE MADE AVAILABLE FOR THE FULL BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT IS FURNISHED ANNUALLY TO EACH KEY INDIVIDUAL (WHICH INCLUDES ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES) FOLLOWING THE ANNUAL MEETING. ANY NEW KEY INDIVIDUAL IS PROVIDED WITH A COPY OF THIS POLICY UPON COMMENCEMENT OF THEIR POSITION. KEY INDIVIDUALS ARE REQUIRED TO GIVE FULL DISCLOSURE, IN WRITING, OF ANY RELATIONSHIP OR INTEREST THAT MAY GIVE RISE TO A CONFLICT TO THE PRESIDENT OF THE BOARD AND TO THE CHAIRMAN OF ANY COMMITTEE ACTING ON THE CONTRACT OR TRANSACTION. STAFF MEMBERS SHALL DISCLOSE, IN WRITING, ANY POSSIBLE CONFLICT OF INTEREST FOR THEMSELVES OR THEIR FAMILY MEMBERS TO THE CHIEF FINANCIAL OFFICER. THE POLICY IS REVIEWED AND DISTRIBUTED TO THE BOARD ANNUALLY. IF THERE IS A SPECIFIC CONFLICT, BOARD MEMBERS RECUSE THEMSELVES FROM PARTICIPATING IN RELATED DISCUSSIONS OR VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO GOES THROUGH A COMMITTEE PROCESS FOR COMPENSATION REVIEW. COMPARATIVE INFORMATION IS PROVIDED TO ENABLE THE BOARD COMMITTEE TO MAKE AN ACCURATE SUGGESTION TO THE BOARD. OTHER EMPLOYEES ARE COMPENSATED BASED UPON AN INTERNAL REVIEW PROCESS. FAIR MARKET VALUE OF COMPENSATION WAS INITIALLY DETERMINED USING INDUSTRY SOURCES SUCH AS LEADING AGE AND ASSOCIATION OF JEWISH AGING SERVICES (AJAS). THE COMPENSATION PROCESS IS DOCUMENTED IN THE MINUTES. 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 IX, LINE 11G NURSING FEES: PROGRAM SERVICE EXPENSES 395,644. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 395,644. THERAPY SERVICES: PROGRAM SERVICE EXPENSES 1,295,038. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,295,038. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,098,906. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,098,906. MEDICAL STAFF FEES: PROGRAM SERVICE EXPENSES 57,040. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 57,040. CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 194,823. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 194,823. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 10,585. MANAGEMENT AND GENERAL EXPENSES 19,197. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,782. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST IN NET ASSETS OF JEWISH COMMUNITY FOUNDATION -496,326. JEWISH FEDERATION HOUSING MANAGEMENT CO 3051 W CHAPEL AVE CHERRY HILL NJ 08002 222208648 FOOD & HOUSEKEEPING SERVICES; AFFORDABLE HOUSING SERVICES FOR SENIORS NJ 501(C)(3) LINE 10 N/A 0 JEWISH FEDERATION OF SOUTHERN NEW JERSEY 1301 SPRINGDALE ROAD CHERRY HILL NJ 08002 210634489 SOCIAL SERVICES & OTHER COMMUNITY SERVICES NJ 501(C)(3) LINE 7 N/A 0 JEWISH FEDERATION SENIOR HOUSING INC 3051 W CHAPEL AVE CHERRY HILL NJ 08002 311654257 AFFORDABLE HOUSING FOR SENIOR CITIZENS NJ 501(C)(3) LINE 10 N/A 0 JEWISH FEDERATION HOUSING INC 3051 W CHAPEL AVE CHERRY HILL NJ 08002 222137968 AFFORDABLE HOUSING FOR SENIOR CITIZENS NJ 501(C)(3) LINE 10 N/A 0 BERNARD DUBIN HOUSE LIMITED PARTNERSHIP 3051 WEST CHAPEL AVE CHERRY HILL NJ 08002 208334276 REAL ESTATE NJ N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 0 1 0 1