2018-08-07T15:16:20-05:00 2017-09-30 ERNST & YOUNG US LLP 200 CLARENDON STREET BOSTON MA 021165072 990 2016-10-01 010569403 HRCA Brookline Housing 1550 Beacon Plaza Inc % MARIA MCMILLLAN & ANNA TRIOL HRCA 6173258000 1200 CENTRE STREET BOSTON MA 02131 JAMES D HART cfo 6173258000 2018-08-01 true MIKE A CINCOTTA P01595811 6172662000 2016 2022-09-23 18:48:47Z see schedule o LOUIS J WOOLFpresident ceo 1200 Centre Street Boston MA 02131 3754447 false X www.hebrewseniorlife.org X 2001 MA to operate affordabel, supportive RESIDENTIAL HOUSING FOR LOW-INCOME SENIORS IN AN ATMOSPHERE THAT SUPPORTS INDIVIDUALITY AND RESPECT, FORSTERS ACTIVE (SEE SCHEDULE O) X 4 2 0 15 0 0 5755 3796462 3724008 3168 14974 2558 231 3802188 3744968 0 0 0 0 608024 675823 0 0 0 2492455 3039555 3100479 3715378 701709 29590 15894334 19275327 12023280 28815213 3871054 -9539886 TO OPERATE AFFORDABLE, SUPPORTIVE RESIDENTIAL HOUSINg FOR LOW-INCOME SENIORS IN AN ATMOSPHERE THAT SUPPORTS INDIVIDUALITY AND RESPECT, FOSTERS ACTIVE AND ENERGETIC LIFESTYLES, ENCOURAGES INDEPENDENCE AND SELF-FULFILLMENT, AND VALUES VOLUNTEERISM AND PARTICIPATION. false false 3134397 0 3724239 THE ORGANIZATION PROVIDES SUBSIDIZED, SUPPORTIVE, AFFORDABLE INDEPENDENT HOUSING FOR YOUNGER DISABLED PEOPLE AND SENIORS IN BROOKLINE, MA. THE 126 SUBSIDIZED UNITS AND 53 MARKET RATE UNITS INCLUDES SUDIO, ONE, AND TWO-BEDROOM APARTMENTS. THE HOUSING COMPLEX IS DESIGNED FOR THOSE WHO ARE ABLE TO LIVE ON THEIR OWN, BUT DESIRE THE SECURITY AND CONVENIENCES OF COMMUNITY LIVING WITH REGULAR PROGRAMS SUCH AS SOCIAL AND RECREATIONAL EVENTS. ALL APARTMENTS INCLUDE 24-HOUR LIVE-IN MAINTENANCE STAFF AND EXPANSIVE VIEWS OF BOSTONS SKYLINE. ADDITIONALLY, THE HOUSING COMPLEX IS LOCATED IN COOLIDGE CORNER AND WASHINGTON SQUARE WITH EASY ACCESS TO NEARBY SHOPPING CENTERS, RESAURANTS, AND PUBLIC TRANSPORTATION. 3134397 true false false false false false false false true false true false false true true false true true false false false false false false false false false false false true false false false false false false false false false false false true false true true true false false true 11 0 true 0 false false false false false false false false false false false X 4 2 false false false false true true true true true false false true true true true true true false true false MA X MARIA MCMILLLAN ANNA TRIOL 6173638100 1200 CENTRE STREET ROSLINDALE MA 02131 HINDA MARCUS board chair 0.1 4.4 X X 0 0 0 LOUIS J WOOLF PRESIDENT & CEO 0.2 49.8 X X 0 679090 127161 JAMES D HART SECRETARY & CFO 0.2 49.8 X X 0 317714 60549 MARSHA COHEN TREASURER 0.1 4.4 X X 0 0 0 ERIC ROGERS CIO 0.2 49.8 X 0 106595 37303 rhonda glyman executive director 16.0 34.0 X 0 137853 27916 KATELYN QUYNN chief dev off & vp board rel 0.2 49.8 X 0 348362 52304 KIMBERLY BROOKS VP OF SENIOR LIVING 0.2 49.8 X 0 281357 48563 rachel whitehouse chief comm & plan. officer 0.2 49.8 X 0 228359 58848 rachel lerner compl. officer & gen. counsel 0.2 49.8 X 0 207336 31291 deborah l lemmerman chief people officer 0.2 49.8 X 0 222918 61805 PETER INGRAM cio (former) 0.0 0.0 X 0 140398 14144 len fishman president & ceo (former) 0.0 0.0 X 0 228790 0 0 2898772 519884 0 true true false cran-marsh general contracting 668 wareham street unit 1 MIDDLEBORO MA 02346 window replacement 460370 otis elevator co po box 13716 NEWARK NJ 071880716 elevator service 226301 2 0 5755 0 5755 RENTAL REVENUE 532000 3685736 3685736 0 0 OTHER OPERATING REVENUE 532000 38272 38272 0 0 3724008 14974 14974 0 0 0 0 0 0 0 0 0 0 0 0 9710 9479 231 231 0 3744968 3724239 0 14974 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 565133 494280 70853 0 0 0 0 0 65154 56364 8790 0 45536 39844 5692 0 0 0 0 6722 0 6722 0 12930 0 12930 0 0 0 0 0 0 0 0 0 0 0 26285 0 26285 0 50543 0 50543 0 39878 4307 35571 0 19059 0 19059 0 0 0 0 0 582477 530054 52423 0 3185 3185 0 0 0 0 0 0 0 0 0 890843 890843 0 0 185431 0 185431 0 712280 641052 71228 0 126391 113752 12639 0 PROGRAM EXPENSES 67873 45058 22815 0 TENANT SERVICE 44540 44540 0 0 EXTINGUISHMENT OF DEBT 227405 227405 0 0 BAD DEBT 43713 43713 0 0 3715378 3134397 580981 0 0 308319 472998 15401 179753 0 0 82519 42303 0 0 0 0 0 0 0 0 6249 7339 21828768 7165582 14434716 14663186 0 0 0 0 0 0 4784 3381 1042346 3906367 15894334 19275327 210270 219648 0 0 4476 0 0 0 167298 159490 0 0 11276875 28034477 0 0 364361 401598 12023280 28815213 X 3871054 -9539886 0 0 0 0 3871054 -9539886 15894334 19275327 X 29590 0 0 0 0 -13440530 X false true X true true true X 0 0 0 0 5755 5755 3036560 3568958 3652902 3796462 3724008 17778890 0 0 0 3036560 3568958 3652902 3796462 3729763 17784645 0 0 0 17784645 1176 1311 1565 3168 14974 22194 0 1176 1311 1565 3168 14974 22194 0 420219 33922 11431 2558 9710 477840 3457955 3604191 3665898 3802188 3754447 18284679 0.97265 0.95070 0.00121 0.00050 X false true X 1921838 1921838 18816612 6964274 11852338 1090318 201308 889010 14663186 REPLACEMENT RESERVE 542322 ESCROW DEPOSITS 2605062 SECURITY DEPOSITS 157991 DEFERRED FINANCING COSTS, NET 600992 3906367 0 ASSET RETIREMENT OBLIGATION LIABILITY 346297 PAYABLES TO AFFILIATES 55301 401598 3754447 9479 9479 3744968 0 0 3744968 3724857 9479 9479 3715378 0 0 3715378 part iv, line 2b ESCROW ACCOUNT LIABILITY THE ORGANIZATION COLLECTS SECURITY DEPOSITS FROM THE TENANTS. THE DEPOSITS ARE HELD IN A SEPARATE BANK ACCOUNT AND ARE RETURNED TO THE TENANT AT THE TERMINATION OF THE LEASE. part x, line 2 fin 48/asc 740 footnote HRCA Brookline Housing 1550 Beacon Plaza, inc. do not include a footnote related to fin 48/asc 740. part xi, line 4b OTHER CHANGES IN NET ASSETS OR FUND BALANCES RECLASS OF COST OF GOODS SOLD 9,479. part xii, line 2d OTHER CHANGES IN NET ASSETS OR FUND BALANCES RECLASS OF COST OF GOODS SOLD 9,479. X true true false false false false false false false PETER INGRAM cio (former) 0 140261 0 0 0 137 0 0 0 14144 0 154542 0 0 KATELYN QUYNN chief dev off & vp board rel 0 348104 0 0 0 258 0 5100 0 47204 0 400666 0 0 KIMBERLY BROOKS VP OF SENIOR LIVING 0 257635 0 23632 0 90 0 4512 0 44051 0 329920 0 0 LOUIS J WOOLF PRESIDENT & CEO 0 653694 0 25000 0 396 0 55100 0 72061 0 806251 0 0 JAMES D HART SECRETARY & CFO 0 301998 0 15458 0 258 0 5100 0 55449 0 378263 0 0 rachel whitehouse chief comm & plan. officer 0 208638 0 19583 0 138 0 4744 0 54104 0 287207 0 0 rachel lerner compl. officer & gen. counsel 0 198120 0 9162 0 54 0 4255 0 27036 0 238627 0 0 deborah l lemmerman chief people officer 0 222660 0 0 0 258 0 4457 0 57348 0 284723 0 0 len fishman president & ceo (former) 0 228790 0 0 0 0 0 0 0 0 0 228790 0 0 rhonda glyman executive director 0 126089 0 11506 0 258 0 2115 0 25801 0 165769 0 0 part i, line 3 HEBREW SENIORLIFE, INC. (HSL), THE PARENT ORGANIZATION, ESTABLISHES COMPENSATION OF THE ORGANIZATIONS PRESIDENT/CEO AND CFO. HSL UTILIZES THE FOLLOWING IN ESTABLISHING SUCH COMPENSATION: COMPENSATION COMMITTEE WRITTEN EMPLOYMENT CONTRACT INDEPENDENT COMPENSATION CONSULTANT COMPENSATION SURVEY OR STUDY APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART I, LINE 4A PETER INGRAM RECEIVED SEVERANCE IN THE AMOUNT OF $56,250, WHICH IS EQUIVALENT TO THREE MONTHS OF MR. INGRAMS BASE SALARY. THIS AMOUNT IS INCLUDED IN PETER INGRAMS COMPENSATION ON SCHEDULE J, PART II. PART I, LINE 4B LOUIS J. WOOLF, PRESIDENT & CEO, PARTICIPATED IN A 457(F) SUPPLEMENTAL RETIREMENT PLAN THAT INCLUDED $50,000 OF EMPLOYER CONTRIBUTIONS DURING THE YEAR. THIS AMOUNT IS INCLUDED IN THE DEFERRED COMPENSATION SECTION SHOWN ON FORM 990, PART VII. cash 13460832 fmv - cash 900183119 hebrew seniorlife inc 1200 centre street boston MA 02131 501(c)(3) false false false false form 990, box c doing business as name hrca brookline housing 1550 beacon plaza, inc. does business as mark & diane goldman family residences. form 990, part i, line i ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES (CONT'D) AND ENERGETIC LIFESTYLES, ENCOURAGES INDEPENDENCE AND SELF-FULFILLMENT, AND VALUES VOLUNTEERISM AND PARTICIPATION. form 990, part i, line 22 Description of Negative assets At September 30, 2017, HRCA Brookline Housing 1550 Beacon Plaza, Inc. had a negative accumulated Net Asset balance of ($9,539,886). This negative balance is a result of distributions in the amount of $13,460,832 that was made to an affiliate at various dates throughout FY 2017 as part of a refinancing arrangement approved by HUD. form 990, part vi, section a, line 6 DESCRIPTION OF CLASSES OF MEMBERS OR STOCKHOLDERS HEBREW SENIORLIFE, INC. IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A DESCRIPTION OF CLASSES OF PERSONS AND THE NATURE OF THEIR RIGHTS THE HEBREW SENIORLIFE BOARD CHAIR APPOINTS THE MEMBERS OF THE HRCA SENIOR HOUSING, INC. BOARD OF DIRECTORS WITH THE ADVICE AND CONSENT OF THE HEBREW SENIORLIFE BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B DESCRIPTION OF CLASSES OF PERSONS, DECISIONS REQUIRING APPROVAL & TYPE OF VOTING RIGHTS DECISIONS INVOLVING MAJOR CHANGES IN ORGANIZATION, DEBT PLACEMENT, SALE OF ASSETS, ETC. ARE ALSO SUBJECT TO APPROVAL BY HEBREW SENIORLIFE, INC.S BOARD. ULTIMATELY, GOVERNANCE OF THE CORPORATION RESTS WITH THE BOARD OF DIRECTORS OF THE COMPANYS SOLE CORPORATE MEMBER, HEBREW SENIORLIFE, INC FORM 990, PART VI, SECTION B, LINE 11 DESCRIBE THE PROCESS USED BY MANAEMENT &/OR GOVERNINING BODY TO REVIEW 990 PREPARATION OF THE FORM 990 BEGINS INTERNALLY WITH HEBREW SENIORLIFE STAFF AND ERNST & YOUNG PREPARING THE FORM WITH INPUT PROVIDED BY HEBREW SENIORLIFE. ALL FORMS 990 AND 990T OF THE AFFILIATES OF HEBREW SENIORLIFE, INC. (HSL IS THE SOLE CORPORATE MEMBER OF EACH AFFILIATE) WILL BE REVIEWED PRIOR TO FILING BY THE AUDIT AND COMPLIANCE COMMITTEE OF HEBREW SENIORLIFE, INC. SUBSEQUENT TO SUCH REVIEW AND PRIOR TO FILING COPIES WILL BE PROVIDED TO THE APPROPRIATE GOVERNING BOARD OF DIRECTORS FOR EACH AFFILIATE. THE GOVERNING BOARDS WILL HAVE 5 DAYS TIME IN WHICH TO VIEW THE FULL RETURNS PRIOR TO THEIR FILING. FORM 990, PART VI, SECTION B, LINE 12C DESCRIPTION OF PROCESS TO MONITOR TRANSACTIONS FOR CONFLICTS OF INTEREST THE BOARD OF HRCA brookline housing 1550 beacon plaza, INC. VOTED TO ADOPT THE HEBREW SENIORLIFE CONFLICT OF INTEREST POLICY. MONITORING AND DEALING WITH POTENTIAL OR ACTUAL CONFLICTS INDIVIDUALS COVERED UNDER THE CONFLICT OF INTEREST POLICY HAVE AN AFFIRMATIVE DUTY TO DISCLOSE THE EXISTENCE OR POSSIBILITY OF A CONFLICT OF INTEREST AND SHALL BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE HEBREW SENIORLIFE CONFLICTS COMMITTEE. THE ORGANIZATIONS CONFLICT OF INTEREST POLICY PROVIDES THAT ANNUALLY, EACH COVERED PERSON SHALL SIGN A STATEMENT AFFIRMING THAT SUCH PERSON RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, READ AND UNDERSTANDS THE POLICY AND AGREES TO COMPLY WITH THE POLICY. THE SIGNED STATEMENT AFFIRMS THAT THE PERSON UNDERSTANDS HRCA brookline housing 1550 beacon plaza, INC. IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS TAX-EXEMPT STATUS, HRCA brookline housing 1550 beacon plaza, INC. MUST ENGAGE IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. WHO IS COVERED THE CONFLICT OF INTEREST POLICY COVERS ALL DIRECTORS, OFFICERS, MEMBERS OF COMMITTEES WITH BOARD DELEGATED POWERS, PERSONS SERVING IN SENIOR STAFF POSITIONS OUTLINED IN AN EXHIBIT ATTACHED TO THE CONFLICT OF INTEREST POLICY, AND ANY OTHER PERSON WHO IS IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE AFFAIRS OF ANY OF THE ORGANIZATION OR ANY OF ITS AFFILIATES. LEVEL AT WHICH DETERMINATIONS OF CONFLICT ARE MADE AND WHICH ACTUAL CONFLICTS ARE REVIEWED THE HEBREW SENIORLIFE CONFLICTS COMMITTEE IS RESPONSIBLE FOR DETERMINING IF A CONFLICT OF INTEREST EXISTS AND EVALUATING WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A TRANSACTION THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. THE CONFLICTS COMMITTEE REPORTS ITS FINDINGS TO THE BOARD OF DIRECTORS WHO ARE RESPONSIBLE FOR MAKING A FINAL DETERMINATION ON THE CONFLICT. RESTRICTIONS ON CONFLICTED PERSONS ALL COVERED PERSONS ARE RESTRICTED FROM ENTERING INTO A TRANSACTION WITHOUT DISCLOSING THE ACTUAL OR POTENTIAL CONFLICT TO THE HEBREW SENIORLIFE CONFLICT COMMITTEE AND OBTAINING APPROVAL OF THE BOARD OF DIRECTORS. COVERED PERSONS WITH A CONFLICT MUST LEAVE THE ROOM WHEN TRANSACTIONS GIVING RISE TO THE CONFLICT ARE UNDER DISCUSSION BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15B OFFICES AND POSITIONS FOR WHICH PROCESS WAS USED, & YEAR PROCESS WAS BEGUN THE COMPENSATION COMMITTEE OF THE HEBREW SENIORLIFE BOARD, WITH THE ASSISTANCE OF DATA PROVIDED BY AN INDEPENDENT, EXPERT CONSULTANTS, HAS REVIEWED THE PRESIDENT/CEOS TOTAL COMPENSATION AND THE COMPENSATION OF ALL OFFICERS AND KEY EMPLOYEES AS WELL AS HIGHLY COMPENSATED EMPLOYEES (>$150,000) OF HSL AND ITS AFFILIATES. THE FULL HSL BOARD FURTHER REVIEWED AND APPROVED THE COMPENSATION OF THE HIGHLY COMPENSATED EMPLOYEES OF HSL AND ITS AFFILIATES. THE REVIEW AND APPROVAL PROCEDURES OUTLINED ABOVE WERE LAST COMPLETED IN 2018. ALL OF THESE COMMITTEE MEMBERS ARE INDEPENDENT DIRECTORS. INDEPENDENT CONSULTANTS WERE HIRED BY THE COMPENSATION COMMITTEE AND ASSISTED WITH THE COMPENSATION REVIEW. DOCUMENTATION AND RECORDS OF COMPENSATION COMMITTEE MEETINGS ARE MAINTAINED WITH RESPECT TO DELIBERATIONS AND COMPENSATION DECISIONS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, & FINANCIAL STATEMENTS TO GENERAL PUBLIC THE ORGANIZATIONS TAX RETURNS ARE AVAILABLE AT GUIDESTAR. GOVERNING DOCUMENTS ARE AVAILABLE AT THE COMMONWEALTH OF MASSACHUSETTS WEBSITE. THE TAX RETURNS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST AT THE OFFICES OF HSL AT 1200 CENTRE STREET, BOSTON, MA 02131 OR BY TELEPHONE AND E-MAIL. form 990, part xi, line 9 OTHER CHANGES IN NET ASSETS OF FUND BALANCE NET ASSETS TRANSFERRED FROM PARENT 20,302 net assets transferred to parent (13,460,832) Total other changes in net assets (13,440,530) hebrew rehabilitation center 1200 CENTRE ST BOSTON MA 02131 042104298 HOSPITAL MA 501(C)(3) 3 HSL true HEBREW SENIORLIFE HOSPICECARE INC 1200 CENTRE ST BOSTON MA 02131 461309228 ELDER HOUSING MA 501(C)(3) 10 HSL true NEWBRIDGE ON THE CHARLES INC 1200 CENTRE ST BOSTON MA 02131 383707573 ERDERLY ACTY MA 501(C)(3) 10 HSL true ORCHARD COVE INC one del pond drive canton MA 02021 223080006 CONT. CARE MA 501(C)(3) 10 HSL true HRCA SENIOR HOUSING INC 1200 CENTRE ST BOSTON MA 02131 042765428 ELDER HOUSING MA 501(C)(3) 10 HSL true CENTER COMMUNITIES OF BROOKLINE INC 1200 CENTRE ST BOSTON MA 02131 010569404 ELDER HOUSING MA 501(C)(3) 10 HSL true HRCA BROOKLINE HOUSING 112-120 CENTRE ST 1200 CENTRE ST BOSTON MA 02131 030372998 ELDER HOUSING MA 501(C)(3) 10 HSL true HRCA HOUSING FOR ELDERLY INC 1200 CENTRE ST BOSTON MA 02131 042543731 ELDER HOUSING MA 501(C)(3) 10 HSL true HRCA BROOKLINE HOUSING 108 CENTRE STREET 1200 CENTRE ST BOSTON MA 02131 810612222 ELDER HOUSING MA 501(C)(3) 12B HSL true hebrew seniorlife inc 1200 centre street boston MA 02131 900183119 mgmt services MA 501(c)(3) 7 na false CCB COHEN 112 CENTRE MM LLC 1200 CENTRE ST BOSTON MA 02131 821763395 ELDER HOUSING MA hsl payroll services inc 1200 CENTRE STREET BOSTON MA 02131 042684823 PAYROLL SERVICES MA NA C CORP 0 0 false HEBREW SENIORLIFE REAGE SOLUTIONS INC 1200 CENTRE STREET BOSTON MA 02131 814906048 MGMNT & CONS SVCS DE HSL C CORP 0 0 false false false false false false false false false false false false false true false false false true true false Hebrew SeniorLife Inc m 185431 CONTRACT Hebrew SeniorLife Inc r 13460832 REG approved