2018-11-14T09:50:06-06:00 2017-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2017-01-01 210634576 HEBREW OLD AGE CENTER OF ATLANTIC CITY T/A SEASHORE GARDENS LIVING CENTER HEBR 6094044848 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 08205 MARTIN KLEIN PRESIDENT 6094044848 2018-11-14 1 KYLE A NEELD CPA P01231129 6096899700 63.117.53.200 2018-11-14 10:49:56 ES P 9C158F506904EC5AB61D0C576DF9C109A2523296 5B1665C613A716987913485AF3F200E35AE591D1 2017 2019-02-21 02:37:17Z MARTIN KLEIN 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 08205 14494075 0 X WWW.SEASHOREGARDENS.ORG X 1934 NJ CARE FOR THE ELDERLY 24 24 256 24 0 0 17043 15076 14157665 14108303 82193 156847 204326 206662 14461227 14486888 0 1849904 0 0 8060725 8188550 0 0 10297 6403964 6321586 14464689 16360040 -3462 -1873152 24750093 22353794 27570536 27017225 -2820443 -4663431 X THE SIMON AND SYLVIA ZISMAN SEASHORE GARDENS LIVING CENTER IS A NON PROFIT HOME FOR THE AGED, GUIDED BY JEWISH TRADITION, LAW AND CHARITY, DEDICATED TO ENRICHING THE QUALITY OF LIFE FOR EACH OF OUR RESIDENTS. SEASHORE GARDENS CONTINUOUSLY STRIVES TO PROVIDE THE FINEST QUALITY OF HEALTH CARE AND SUPPORTIVE SERVICES TO OUR RESIDENTS BY: (1) CREATING A CARING AND COMPASSIONATE ATMOSPHERE (2) ENCOURAGING RESIDENT AND FAMILY INVOLVEMENT AND PARTICIPATION (3) PROVIDING A DEDICATED STAFF OF PROFESSIONALS WHO UNDERSTAND THE NEEDS OF ELDERLY (4) UTILIZING AVAILABLE COMMUNITY RESOURCES. SEASHORE GARDENS LIVING CENTER PROMISES TO REMAIN PROACTIVE IN MEETING THE CHALLENGES WE FACE WITH THE UNDERSTANDING THAT WE ARE IN EXISTENCE FOR OUR RESIDENTS. 0 0 14847675 1849904 14307778 PROVISION OF FOOD AND LODGING FOR ELDERLY JEWISH AND NON JEWISH RESIDENTS PLUS CARING FOR THEIR PHYSICAL AND EMOTIONAL NEEDS. 14847675 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 11 0 1 256 1 0 0 0 0 0 0 0 0 0 0 X 24 24 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X LOUIS RICCIARDI 6094044848 22 WEST JIMMIE LEEDS ROAD GALLOWAY NJ 08205 ADRIENNE BEINFEST CHAIR OF THE BOARD 1.00 X X 0 0 0 MICHAEL WEINRAUB ESQ VICE CHAIRPERSON 1.00 X X 0 0 0 MARK STEIN ESQ VICE CHAIRPERSON 1.00 X X 0 0 0 MICHAEL STARK TREASURER 1.00 X X 0 0 0 MARTHA MOROWITZ SECRETARY 1.00 X X 0 0 0 JASON GOLDSTEIN DIRECTOR 1.00 X 0 0 0 CY BALTUS DIRECTOR 1.00 X 0 0 0 HOWARD BERNSTEIN DIRECTOR 1.00 X 0 0 0 SHIRLEY BERNSTEIN DIRECTOR 1.00 1.00 X 0 0 0 SHELLEY BERNSTEIN DIRECTOR 1.00 1.00 X 0 0 0 RICHARD COHEN CPA DIRECTOR 1.00 1.00 X 0 0 0 ALAN FELDMAN DIRECTOR 1.00 X 0 0 0 SINDY O FINKELSON ESQ DIRECTOR 1.00 X 0 0 0 SHARON HARRIS-ZLOTNICK DIRECTOR 1.00 X 0 0 0 ROBERT HORDES DIRECTOR 1.00 X 0 0 0 DAVID KARP DIRECTOR 2.00 X 0 0 0 WILLIAM KOHLER DIRECTOR 1.00 X 0 0 0 RABBI AARON H KRAUSS DIRECTOR 1.00 X 0 0 0 ETHEL LEVINSON DIRECTOR 1.00 X 0 0 0 DAVID LIEBERMAN DIRECTOR 1.00 X 0 0 0 TED RICH DIRECTOR 1.00 1.00 X 0 0 0 DEAN SCARPA DIRECTOR 1.00 X 0 0 0 SUZANNE SINGER DIRECTOR 1.00 X 0 0 0 IRVIN SNYDER DIRECTOR 1.00 X 0 0 0 MARTIN H KLEIN LNHA CALA PRESIDENT/CEO 10.00 24.00 X 179558 0 32172 JANICE T CAMBRON LNHA CALA EXECUTIVE DIRECTOR 40.00 X 155964 0 14623 BERNADETTE PERNA DIRECTOR NURSING 40.00 X 118000 0 2507 ALYSIA PRICE ADMINISTRATOR 40.00 X 102984 0 2507 MICHAEL L FALCASANTOS RN SUPERVISOR 40.00 X 109492 0 2507 665998 0 54316 5 0 1 0 ENCORE REHABILITATION SERVICES PO BOX 643920 PITTSBURGH PA 15264 THERAPY SERVICES 848278 1 15076 15076 ELDERLY CARE & HOUSING 623000 14108303 14108303 14108303 164034 164034 7187 -7187 -7187 -7187 OTHER SERVICE REVENUE 623000 206662 206662 206662 14486888 14307778 0 164034 1849904 1849904 243202 235117 8085 6141014 5778870 362144 1266041 1083047 182994 538293 485139 52548 606 3873 3873 27500 27500 1119254 1086604 32650 29891 1283 28608 31582 31582 80387 11552 68835 2011904 2011904 914147 914147 203323 203323 FOOD 697663 697663 SUPPLIES 591251 563622 26248 1381 BAD DEBT 100000 100000 LAUNDRY 95941 95941 414870 267999 146646 225 16360040 14847675 1502068 10297 750 750 315580 239591 2382524 2046103 255525 557203 28922668 15124788 15424041 13797880 2670675 2636391 3700998 3075876 24750093 22353794 804738 950115 25995000 25295000 209595 217730 561203 554380 27570536 27017225 X -2820443 -4663431 -2820443 -4663431 24750093 22353794 -1873152 30164 0 X 0 1 X 1 0 X 16831 23848 10067 17043 15076 82865 3814073 3913465 4098304 3969809 4301622 20097273 3830904 3937313 4108371 3986852 4316698 20180138 0 0 0 20180138 90609 117993 112728 82208 164034 567572 90609 117993 112728 82208 164034 567572 222872 315783 268514 204326 206662 1218157 4144385 4371089 4489613 4273386 4687394 21965867 0.91870 0.92100 0.02580 0.02140 X 0 1 X 2692736 2692736 26229932 15124788 11105144 13797880 UNAMORTIZED BOND ISSUANCE COSTS 260342 UNAMORTIZED ORIGINAL ISSUE DISCOUNT 41614 ASSETS HELD UNDER DEBT AGREEMENT 2458294 RESIDENT DEPOSITS 217730 DUE FROM SEASHORE ELDER HOUSING, LP 18107 DUE FROM SEASHORE ELDER HOUSING, LLC 924 OTHER RECEIVABLES 78865 3075876 ACCRUED SALARIES AND BENEFITS 339250 ACCRUED INTEREST 215130 554380 X 14524239 30164 30164 14494075 -7187 -7187 14486888 16360040 0 16360040 0 16360040 PART IV, LINE 2B: THE CENTER IS THE CUSTODIAN FOR RESIDENT TRUST FUNDS. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CENTER AND RECOGNIZE A TAX LIABILITY IF THE CENTER HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE CENTER'S TAX POSITIONS AND CONCLUDED THAT THE CENTER HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL -7,187. 1 SEASHORE GARDENS FOUNDATION 22 W JIMMIE LEEDS RD GALLOWAY NJ 082059422 562424727 501(C)(3) 1849904 BOOK LAND AND FORGIVENESS OF DEBT CONTRIBUTIONS WERE APPROVED FOR THE PURPOSES OF REFINANCING THE ORGANIZATION'S DEBT SUBSEQUENT TO YEAREND 1 PART I, LINE 2: BOARD APPROVAL OF GRANTS AND ASSISTANCE IS MAINTAINED INDICATING THE AMOUNT OF THE GRANTS OR ASSISTANCE. X X 0 0 0 0 0 0 0 0 0 MARTIN H KLEIN LNHA CALA PRESIDENT/CEO 179558 0 0 0 0 0 0 0 32172 0 211730 0 0 0 JANICE T CAMBRON LNHA CALA EXECUTIVE DIRECTOR 155964 0 0 0 0 0 0 0 14623 0 170587 0 0 0 A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FA6 2006-11-29 5365000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 B NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FB4 2006-11-29 8915000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 C NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FD0 2006-11-29 17080000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 A 5365000 357706 4884062 44592 137 0 1 1 1 B 8915000 594400 8115826 74097 227 0 1 1 1 C 17080000 1138794 15548886 141961 434 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 A 0 B 0 C 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/23/2012 ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/23/2012 ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/23/2012 FORM 990, PART VI, SECTION A, LINE 2 HOWARD BERNSTEIN, DIRECTOR AND SHIRLEY BERNSTEIN, DIRECTOR ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE FORM 990 IS MADE AVAILABLE FOR BOARD REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARY REVIEWS THEIR CONFLICT OF INTEREST POLICY AND REQUIRES BOARD MEMBERS TO DISCLOSE ANY CONFLICTS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION REVIEWS THE CEO'S EMPLOYMENT CONTRACT AND APPROVES THE CONTRACT AS IT RELATES TO COMPENSATION, COMPENSATION INCREASES, BONUSES AND OTHER FRINGE BENEFITS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST AND IS PUBLISHED ON THE GUIDESTAR WEBSITE. 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 SEASHORE GARDENS FOUNDATION 22 W JIMMIE LEEDS RD GALLOWAY TWP NJ 08205 562424727 TO SUPPORT VARIOUS PROGRAMS AND SERVICES AT SEASHORE GARDENS LIVING CENTER NJ 501(C)(3) LINE 7 SEASHORE GARDENS FOUNDATION 0 SEASHORE ELDER HOUSING LLC 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 082059422 262342922 FOSTER LOW INCOME HOUSING, REDEVELOP, OWN AND OPERATE A MULTIFAMILY PROPERTY NJ SEASHORE GARDENS FOUNDATION C 0 EASHORE GARDENS WITHOUT WALLS LLC 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 082059422 463221000 PROVIDE NON-MEDICAL HOME CARE SERVICES NJ SEASHORE GARDENS FOUNDATION C 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 1 0 1 0 0 SEASHORE GARDENS FOUNDATION G 977809 FAIR MARKET VALUE