2018-06-20T10:25:27-07:00 2017-12-31 990 2017-01-01 150533582 SYRACUSE HOME ASSOCIATION SYRA 3156382521 7740 Meigs Road Baldwinsville NY 13027 Mark Murphy CEO 3156382521 2018-06-25 71.245.91.11 2017 2018-06-14 16:35:46Z Mark Murphy 7740 Meigs Road Baldwinsville NY 13027 16248553 0 X www.mcharrielife.org X 1851 NY The mission of the Syracuse Home Association is to provide an environment for the delivery of services designed to promote and expand quality care to aging persons, allowing them to lead full and dignified lives. 10 10 390 132 0 0 75000 75000 15681909 15951019 6479 6042 44658 216492 15808046 16248553 0 0 0 0 9344388 9635507 0 0 0 6401991 6247725 15746379 15883232 61667 365321 17597420 17463087 13050969 12551407 4546451 4911680 The mission of Syracuse Home Association is to provide an environment for the delivery of services designed to promote and expand quality care to aging persons, allowing them to lead full and dignified lives. 0 0 11218831 0 16248553 The operation of a 120 bed skilled nursing facility and a 45 bed assisted living facility. 0 0 0 11218831 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 29 0 1 390 1 0 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X James Wiley 3156382521 Syracuse Home Association 7740 Meigs Road Baldwinsville NY 13027 Donald Colon President 1 0 X X 0 0 0 Fred Miller Treasurer 1 0 X X 0 0 0 Rosemary Bucci Secretary 1 0 X X 0 0 0 Frederick Marty Director 1 0 X 0 0 0 Roslyn Bilford Director 1 0 X 0 0 0 Dorothy White Director 1 0 X 0 0 0 Robert Wilkinson Director 1 0 X 0 0 0 Joanne Daprano Director 1 0 X 0 0 0 Ken Dodge Director 1 0 X 0 0 0 Susan Maxsween Director 1 0 X 0 0 0 Mark Murphy CEO 40 0 X X 175938 0 10975 James Wiley CFO 40.0 0 X 107475 0 7419 Fern Butler Director Emeritus 1 0 X 0 0 0 283413 0 18394 2 1 1 0 Rehab Resources 159 West First Street Oswego NY 13126 physical, occupational, and speech therapy services 888135 Excellus 333 Butternut Drive Syracuse NY 13214 health insurance 832982 MEMIC Indemnity Co PO Box 11409 Portland ME 04104 workers compensation carrier 360078 US Foodservice PO Box 644547 Pittsburgh PA 15264 food supplier 362761 Health Direct 29 East Main St Gouverneur NY 13642 pharmacy 367078 7 0 0 0 0 0 75000 0 75000 15951019 15951019 0 0 15951019 6042 6042 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Gain on interest rate swap contract 623000 216492 216492 0 0 0 0 0 0 216492 16248553 16173553 0 0 0 0 0 0 0 0 0 0 283413 0 283413 0 0 0 0 0 7151249 5417125 1734124 0 290785 204301 86484 0 1363673 977212 386461 0 546387 398305 148082 0 35094 0 35094 0 28659 0 28659 0 26245 0 26245 0 0 0 0 0 0 0 0 0 0 0 554950 554950 0 0 0 0 0 0 0 0 0 0 99954 0 99954 0 0 0 0 0 161370 0 161370 0 0 0 0 0 0 0 0 0 14762 6816 7946 0 594358 594358 0 0 0 0 0 0 951729 951729 0 0 113411 0 113411 0 Bad Debts 190410 0 190410 0 Cash receipts assessment 634192 634192 0 0 Supplies including pharmacy 1438273 756116 682157 0 Purchased/contracted services, leases/rentals 1279664 682757 596907 0 124654 40970 83684 0 15883232 11218831 4664401 0 5449277 6648978 114228 115542 0 0 2316802 1721374 0 0 0 0 0 0 117402 123022 104542 106404 26314459 17920460 9129553 8393999 0 0 0 0 0 0 0 0 365616 353768 17597420 17463087 1369800 1564913 0 0 0 0 9238323 8661088 0 0 0 0 0 0 0 0 2442846 2325406 13050969 12551407 X 4542269 4907590 4182 4090 0 0 4546451 4911680 17597420 17463087 X 365321 0 0 0 0 -92 X 1 X 1 X 1 0 X 75000 75000 75000 75000 75000 375000 15383412 14715979 15306223 15755182 16446499 77607295 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15458412 14790979 15381223 15830182 16521499 77982295 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 77982295 3700 2258 1970 6479 6042 20449 0 0 0 0 0 0 3700 2258 1970 6479 6042 20449 0 0 0 0 0 0 12417 9061 8797 13700 19127 63102 15474529 14802298 15391990 15850361 16546668 78065846 0.99893 0.99910 0.00026 0.00023 X Schedule A, Part III, Line 12 Miscellaneous income = 8,940 Food income = 8,987 Gain on disposal of property = 1,200 106758 0 106758 21168332 0 14542497 6625835 0 0 0 0 2767728 0 2328687 439041 2271641 0 1049276 1222365 8393999 0 Deferred revenue 30930 Interest payable 48929 Due to third party payors 388318 Resident funds held in trust 21003 Tenant security deposits 157085 Interest rate swap contract 1679141 2325406 15931892 0 0 0 0 0 15931892 0 316661 316661 16248553 15883232 0 0 0 0 0 15883232 0 0 0 15883232 Schedule D, Part XI, Line 4b Contribution from affiliate = 75,000 Interest income = 6,042 Gain on interest rate swap contract = 216,492 Other income = 19,127 0 0 0 0 0 0 0 0 0 Fern Butler Director Emeritus 0 0 0 0 0 0 0 0 0 0 0 0 0 0 A Onondaga County Industrial Development Agency 161093714 682747GN4 2007-06-21 To fund construction of 80 replacement beds for the skilled nursing facility and renovation of ALF. 0 0 0 A 0 0 14195000 0 0 0 0 0 0 0 0 0 2009 0 0 1 1 A 0 0 0 0 0 0 0 0 0 1 A 0 0 0 1 1 1 HSBC Bank USA 20.0 1 0 0 0 0 A 1 Schedule K, Part IV, Line 2c-06/21/2007 Onondaga County Industrial Development Agency An arbitrage rebate compliance report was completed in September 2017, which came to the following conclusion. The Series 2007 bonds did not require a full arbitrage rebate calculation for the second installment period ending March 31, 2016. As such, an arbitrage rebate or yield reduction payment is not due to the IRS. Form 990, Part VI, Section A, Line 6 The sole member is McHarrie Life, Inc. Form 990, Part VI, Section A, Line 7a McHarrie Life, Inc. has the ability to make such selections and elections to the governing body. Form 990, Part VI, Section B, Line 11b Upon completion of the 990 the President of the Board of Directors and our CEO reviews and signs the 990. It is then announced to the other board members at the next meeting that the 990 is completed, filed and available for review. A copy of the 990 return is available for review at our facility to all board members as well as the general public. Form 990, Part VI, Section B, Line 12c The Board of Directors are required to sign a conflict of interest policy annually. Even if the members of the board have not changed, the updated and signed conflict of interest policy is required each year. To ensure the Association operates in a manner that is consistent with its tax exempt purposes, the Association conducts periodic reviews of the conflict of interest policy. This review may (but not need) use outside experts or advisers. Form 990, Part VI, Section B, Line 15 Our facility participated in a salary survey based on rates and wages from 2016 conducted by our state association. The results of this survey were shared with all participants which included high, low, average and median salaries for a number of department head and/or director positions. The salaries were also broken down by facility size and geographic region. Form 990, Part VI, Section C, Line 19 The 990 as well as our governing documents which include conflict of interest policies, whistle blower policies, etc... are available in our administrative offices at our facility throughout the year. The documents are open to the general public and are available upon request. Form 990, Part XI, Line 9 Change in temporarily restricted net assets = -92 Syracuse Home Association Foundation Inc 7740 Meigs Road Baldwinsville NY 13027 161242138 To receive gifts and to pay these monies in support of the charitable purposes of Syracuse Home Assn NY 501(c)(3) 11c N/A 0 McHarrie Towne Inc 7740 Meigs Road Baldwinsville NY 13027 222965446 The operation of an independent community for older adults. NY 501(c)(3) PF N/A 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 Our facility requested and was granted an automatic extension of time to file our return through Form 8868.