2018-05-03T07:46:35-05:00 2017-09-30 111986323 Marcum LLP 555 Long Wharf Drive 12th Floor New Haven CT 06511 990 2016-10-01 061083307 STAMFORD ELDERLY HOUSING CORPORATION D/B/A SCOFIELD MANOR STAM 2039771400 614 Scofieldtown Road STAMFORD CT 06903 Lavern Jarret Administrator 2039771400 2018-04-27 1 Cathiann Bellard P01314856 2037819600 47.19.127.190 2018-04-27 10:56:27 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 89B2570E8B983A08D85C0DF17F70EE605B48C17F 2016 2021-01-29 14:40:06Z Lavern Jarret 614 Scofieldtown Road STAMFORD CT 06903 2287195 0 X N/A X 1984 CT TO PROVIDE RESIDENTIAL CARE TO ELDERLY AND DISABLED INDIVIDUALS WHO COULD NOT RESIDE IN THE COMMUNITY WITHOUT SOME EXTRA HELP. 5 5 0 84 0 0 100000 102000 2195098 2185195 0 0 0 0 2295098 2287195 0 0 0 0 1601810 1267991 0 0 0 701081 948009 2302891 2216000 -7793 71195 439389 312371 642546 444333 -203157 -131962 TO PROVIDE RESIDENTIAL CARE TO ELDERLY AND DISABLED INDIVIDUALS WHO COULD NOT RESIDE IN THE COMMUNITY WITHOUT SOME EXTRA HELP. 0 0 1775192 2185195 SCOFIELD MANOR PROVIDES RESIDENTIAL CARE TO ELDERLY AND DISABLED INDIVIDUALS WHO COULD NOT RESIDE IN THE COMMUNITY WITHOUT SOME EXTRA HELP. 1775192 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X Lisa Reynolds 2039771400 CHARTER OAK COMMUNITIES 22 CLINTON STAMFORD CT 06901 X Jack A Penfield PreSIDENT 1.00 X X 0 0 0 SHEILA WILLIAMS-BROWN Director 1.00 X 0 0 0 WILLIAM J MCCULLOUGH Vice President 1.00 X X 0 0 0 courtney a nelthropp DIRECTOR 1.00 X 0 0 0 Tim Hodges Director 1.00 X 0 0 0 Lavern Jarret ADMINISTRATOR 40.00 X 0 0 78306 0 0 78306 0 0 0 0 Creative Culinary 109 Winesap Road Stamford CT 06903 398820 1 102000 102000 PATIENT FEES 623000 2007294 2007294 FOOD SERVICE 722320 177901 177901 2185195 2287195 2185195 0 0 802438 671197 131241 75265 62955 12310 325777 272495 53282 64511 53960 10551 127904 127904 290 290 31278 31278 3934 3934 68652 45974 22678 109286 109286 19352 19352 28526 28526 CONTRACTED SERVICES 555772 539973 15799 Bad Debt Expense 2331 2331 DUES & SUBSCRIPTIONS 684 684 2216000 1775192 440808 0 68204 108546 280676 123934 29795 24243 891253 840956 55371 50297 5343 5351 439389 312371 208790 159073 433756 285260 642546 444333 X -203157 -131962 -203157 -131962 439389 312371 71195 0 X X 0 1 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 174235 136547 37688 717018 704409 12609 50297 DUE TO RESIDENTS 20807 DUE TO CHARTER OAK COMMUNITIES 43799 note payable to related party 50477 DUE TO THIRD PARTY PAYERS 170177 285260 X 2441195 154000 154000 2287195 0 2287195 2370000 154000 154000 2216000 0 2216000 Part X, Line 2: Scofield Manor is a nonprofit organization other than a private foundation under Section 501(c)(4) of the Internal Revenue Code, and, accordingly, is exempt from Federal and State income taxes. Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken and recognize a tax liability (or asset) if the organization has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management has analyzed the tax positions taken and has concluded that as of September 30, 2017, there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Corporation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Form 990, Part VI, Section A, line 3 SCOFIELD MANOR IS OWNED AND OPERATED BY CHARTER OAK COMMUNITIES FORMERLY THE STAMFORD ELDERLY HOUSING CORPORATION. Form 990, Part VI, Section B, line 11b The Form 990 is prepared by our external accounting firm and presented to the executive director for review. Acting under the direction of the Board of Directors, the executive director signs and files the Form 990 once it has been reviewed and approved for final submission. Form 990, Part VI, Section B, line 12c THE BOARD OF DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM AND UPDATE THE INFORMATION AT ANY TIME A MATTER OF DISCUSSION SHOULD ARISE. Form 990, Part VI, Section C, line 19 SCOFIELD MANOR MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION, UPON REQUEST, AT ITS ADMINISTRATIVE OFFICE LOCATION IN STAMFORD, CT. Form 990, Part XI, Line 2c: The Board of Directors is charged with the responsibility for the selection of the Organization's independent auditors, and for the oversight of its financial statements. schedule r, part II: All staff of Scofield Manor are employees of Charter Oak Communities (COC). In addition, all operating expenses of Scofield Manor are paid out of a Revolving Fund operated by COC. On a monthly basis, COC charges Scofield Manor the direct costs of Scofield Manor including the cost of its staff, including payroll taxes and benefits, and all other operating expenses. The amounts advanced are noninterest bearing and are due on demand. At September 30, 2017 and 2016, the amounts due to COC were $44,289 and $163,426, respectively. The Company is party to a promissory note, as amended in October 2016, with COC totaling $146,477 as of October 1, 2016. The amended note bears no interest and requires the company to make seventeen monthly payments of $8,000 commencing October 1, 2016 through February 1, 2018 and a final payment of $10,477 on March 1, 2018. The note may be prepaid at any time prior to the maturity without penalty. During 2017, the Company made total principal payments of $96,000. The balance outstanding on the note was $50,477 and $146,477 at September 20, 2017 and 2016, respectively. In addition, COC provides management services including bookkeeping, personnel, information technology, strategic support, and other services to Scofield Manor. In the years ended September 20, 2017 and 2016, Scofield Manor incurred management fees in the amount of $127,904 and $103,054, respectively, for management services provided by COC. Management fees charged in 2017 and 2016 represent 5.5 percent of net operating revenue, as outlined in the management agreement. Scofield Manor provides meals to Wormser Congregate Housing, a facility operated by COC. The total amount of this contract is reported as food service revenue in the accompanying statements of operations and changes in net assets (deficiency). Amounts outstanding under this contract, included in accounts receivable in the amount of $1,886 and $56,908 for the year ended September 30, 2017 and 2016. CHARTER OAK COMMUNITIES 22 Clinton Avenue Stamford CT 06901 elderly housing CT 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 CHARTER OAK COMMUNITIES - see schedule o for detail