2016-11-11T15:45:05-06:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2015-01-01 232948992 SIMPSON MEADOWS SIMP 6106600112 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 BONNIE CHANDLER INTERIM CFO 6106600112 2016-11-11 1 BERNADETTE O'TOOLE CPA P00229258 2156433900 2015 2017-02-10 21:41:12Z KIM WILLIAMS 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 6884555 0 X HTTP://WWW.SIMPSONMEADOWS.ORG X 1998 PA TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY 10 9 113 40 0 0 35649 177078 5067241 5446180 273330 41647 192033 178342 5568253 5843247 0 0 0 0 2077584 2375258 0 0 0 3451699 3761562 5529283 6136820 38970 -293573 14562071 15461893 17011551 18356180 -2449480 -2894287 X SIMPSON MEADOWS IS DEDICATED TO MEETING THE NEEDS OF SENIORS IN OUR COMMUNITY. THROUGH CAREFUL OVERSIGHT, WE STRIVE TO DELIVER THE HIGHEST QUALITY OF SERVICE WITH A SENSE OF WARMTH, FRIENDLINESS, INDIVIDUAL PRIDE AND INTEGRITY. WE ARE COMMITTED TO OFFERING OUR RESIDENTS AND STAFF OPPORTUNITIES FOR PERSONAL GROWTH AND SPIRITUAL ENRICHMENT. 0 0 4994445 5446180 EXPENSES INCURRED PROVIDING HOUSING, HEALTHCARE AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF 94 INDEPENDENT LIVING UNITS AND 55 PERSONAL CARE SUITES, 19 OF WHICH ARE DEDICATED TO DEMENTIA CARE. SIMPSON MEADOWS' OPERATIONS ARE LOCATED IN THE TOWNSHIP OF EAST CALN, CHESTER COUNTY, PA. ITS PRIMARY SERVICE AREA INCLUDES CHESTER COUNTY AND SURROUNDING COMMUNITIES. 4994445 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 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 2 0 113 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X BONNIE CHANDLER 6106600112 150 MONUMENT ROAD STE 105 BALA CYNWYD PA 19004 RHONDA KARP CHAIR 1.00 6.00 X X 0 0 0 MARY ANN HOFFMAN VICE CHAIR 1.00 6.00 X X 0 0 0 ALVIN KINGCADE TREASURER 1.00 6.00 X X 0 0 0 FIRAS SAIDI SECRETARY 1.00 6.00 X X 0 0 0 REV JAMES D ANDERMAN DIRECTOR 1.00 6.00 X 0 0 0 WILLIAM S BREMNER DIRECTOR 1.00 6.00 X 0 0 0 JANIS MOORE CAMPBELL DIRECTOR 1.00 6.00 X 0 0 0 JERRY D POOLE DIRECTOR 1.00 6.00 X 0 0 0 REV ANITA POWELL DIRECTOR 1.00 6.00 X 0 0 0 KIM W WILLIAMS PRESIDENT/CEO 1.00 39.00 X X 0 302648 54646 KATHY ARDENKANI EXECUTIVE DIRECTOR 40.00 0.00 X 35813 0 0 JAMES KONISZEWSKI CFO (FORMER); RELATED ORG 1.00 39.00 X 0 156293 15069 TONI MCCLAY COO; RELATED ORG 1.00 39.00 X 0 153085 16887 35813 612026 86602 0 0 1 0 FLIK LIFESTYLES PO BOX 102289 ATLANTA GA 30368 DIETARY SERVICES 533663 SB&A INTEGRATED MARKETING 207 WEST FRANKLIN STREET RICHMOND VA 23220 SALES & MARKETING CONSULTANTS 508430 ABRIOLA COMPANY 1013 PLEASANT AVENUE WYNDMOOR PA 19038 BUILDING CONTRACTOR 459718 3 177078 177078 NET RESIDETN SRV REV 623000 5251666 5251666 AMORT OF ENTRANCE FEES 623000 194514 194514 5446180 70625 70625 41642 0 41642 41642 41642 1012330 1041308 -28978 -28978 -28978 FOOD SERVICE REVENUE 623000 73822 73822 BARBER & BEAUTY REVENUE 623000 34073 34073 MAINTENANCE REVENUE 623000 9302 9302 19503 19503 136700 5843247 5446180 0 219989 35813 35813 1868854 1868854 25509 25509 268539 268539 176543 176543 773508 773508 4393 4393 15665 15665 14630 14630 8755 8755 496481 496481 288263 253497 34766 627097 627097 17578 17578 763 763 136666 136666 704061 704061 130266 130266 DIETARY 316068 316068 LOSS ON EXTINGUISHMENT 122218 122218 BARBER AND BEAUTY SHOP 27009 27009 RESIDENT ACTIVITIES 22997 22997 55144 16970 38174 6136820 4994445 1142375 0 102913 341806 38653 309295 39319 104078 144250 170163 20402120 10707512 9764934 9694608 4094398 3904921 377604 937022 14562071 15461893 300518 233697 10078396 10805711 6302000 6860589 325455 363370 5182 92813 17011551 18356180 X -3062567 -3555645 613087 661358 -2449480 -2894287 14562071 15461893 X -293573 -63340 -87894 X 0 1 X 1 0 X 23968 55081 42844 35049 177078 334020 5181470 5128978 4274954 5067241 5446180 25098823 5205438 5184059 4317798 5102290 5623258 25432843 138807 138807 439972 706271 481952 481873 2110068 439972 706271 481952 620680 2248875 23183968 130123 127787 255045 83665 112267 708887 130123 127787 255045 83665 112267 708887 133405 134817 135872 192033 136700 732827 5468966 5446663 4708715 5377988 5872225 26874557 0.86270 0.87170 0.02640 0.02790 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 599166 599166 17305642 8740522 8565120 256868 135514 121354 2240444 1831476 408968 9694608 DUES FROM RELATED PARTY 937022 937022 LIABILITY TO ANNUITANTS 4919 SWAP VALUE 87894 92813 X 5579795 -63340 10000 -210112 -263452 5843247 0 5843247 6024602 10000 10000 6014602 122218 122218 6136820 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FOR ITS RESIDENTS. PART X, LINE 2: THE ORGANIZATION FOLLOWS THE PROVISIONS OF THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT -87,894. LOSS ON EXTINGUISHMENT OF DEBT -122,218. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON EXTINGUISHMENT OF DEBT 122,218. X X X 0 1 0 0 0 0 0 0 0 KIM W WILLIAMS PRESIDENT/CEO 0 281637 0 16667 0 4344 0 38700 0 15946 0 357294 0 0 JAMES KONISZEWSKI CFO (FORMER); RELATED ORG 0 147024 0 0 0 9269 0 9980 0 5089 0 171362 0 0 TONI MCCLAY COO; RELATED ORG 0 153085 0 0 0 0 0 9022 0 7865 0 169972 0 0 PART I, LINE 4B KIM WILLIAMS (CEO)- $15,000 A CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUTHORITY 232265260 166579EW9 2015-12-23 7327292 REFUNDING 2010 BOND ISSUE 0 0 0 B CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUTHORITY 232265260 2010-12-15 7196000 REFUNDING 2000 BOND ISSUE 0 0 0 A 6667292 268969 4488682 133345 1776296 1 0 1 1 B 7196000 7196000 142050 7053950 2015 1 0 1 1 A 0 0 0 0 0 0 0 A 1 1 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE CORPORATE MEMBER OF THE CORPORATION SHALL BE SIMPSON SENIOR SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER HAS THE RESERVED POWERS TO APPOINT AND REMOVE ALL MEMBERS OF THE BOARD OF DIRECTORS AT ANY TIME. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER HAS THE RESERVED POWERS TO APPOINT AND REMOVE ALL MEMBERS OF THE BOARD OF DIRECTORS AT ANY TIME, TO APPROVE ANY AMENDMENT TO THE ARTICLES OF INCORPORATION OR BY-LAWS, TO APPROVE THE ANNUAL CAPITAL BUDGETS, TO APPROVE ANY SALE, LEASE, OR TRANSFER OF ASSETS OF THE CORPORATION, TO APPROVE INDEBTEDNESS GREATER THAN $50,000, AND TO APPROVE ANY MERGER, CONSOLIDATION, OR DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. ONCE APPROVED, THE FORM 990 IS SENT TO THE PRESIDENT/CHIEF EXECUTIVE OFFICER FOR REVIEW AND APPROVAL. THE PRESIDENT/CHIEF EXECUTIVE OFFICER WILL THEN FORWARD A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND MEMBERS OF THE BOARD ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. ALL SIGNIFICANT NEW CONTRACTS ARE SUBJECT TO BOARD APPROVAL. ONGOING CONTRACTS ARE REVIEWED FOR ANY KNOWN POTENTIAL CONFLICT OF INTEREST. IF A CONFLICT ARISES, LEVEL AT WHICH THE DETERMINATION OF A CONFLICT OF INTEREST EXISTS IS DETERMINED AT THE BOARD LEVEL. CONFLICTS OF INTERESTS ARE REVIEWED AT THE BOARD LEVEL. ANY INDIVIDUAL WITH A CONFLICT OF INTEREST IS ABSTAINED FROM BOARD DISCUSSIONS AND DECISIONS WHERE ANY CONFLICT WOULD BE PRESENT. FORM 990, PART VI, SECTION B, LINE 15 A SUB-COMMITTEE OF THE BOARD OF DIRECTORS WHICH IS APPOINTED BY THE BOARD CHAIR HAS THE SPECIFIC DUTY OF ANNUALLY EVALUATING THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER OF THE ORGANIZATION, INCLUDING DETERMINING HIS ANNUAL COMPENSATION. A COMPETENT SALARY SURVEY IS USED TO BENCHMARK COMPENSATION FOR THE POSITION UTILIZING PANPHA, AAHSA AND CEMO SALARY SURVEYS AND OTHER STUDIES. IN ADDITION, THE GUIDE STAR WEBSITE IS UTILIZED TO RESEARCH THE SALARY OF SIMILAR POSITIONS AT SIMILAR SIZED ORGANIZATIONS IN THE LOCAL MARKET AREA. THE CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER, AND THE EXECUTIVE DIRECTORS SALARIES OF EACH COMMUNITY ARE DETERMINED BY THE PRESIDENT & CEO OF SSS ON AN ANNUAL BASIS. THE PRESIDENT & CEO REVIEWS THE ANNUAL PERFORMANCE OF THESE INDIVIDUALS RELATIVE TO THEIR POSITION DESCRIPTIONS. THE OPERATING BUDGETS, INCLUDING SALARY INCREASES, OF EACH COMMUNITY ARE PRESENTED TO THE BOARD FOR THEIR APPROVAL ON AN ANNUAL BASIS. 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 XI, LINE 9: CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT -87,894. SIMPSON SENIOR SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948991 MANAGES AFFILIATES THAT PROVIDE RESIDENCE AND HEALTHCARE FOR THE ELDERLY PA 501(C)3 11C SIMPSON SENIOR SERVICES 0 SIMPSON HOUSE 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 231352227 CCRC PROVIDING HEALTHCARE, HOUSING, AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 JENNER'S POND 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 231548106 CCRC PROVIDING HEALTHCARE, HOUSING, AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 THIRD CENTURY SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948457 PROVIDES SUPPORTIVE SERVICES TO FACILITIES PROVIDING CARE TO THE ELDERLY PA 501(C)3 11B SIMPSON SENIOR SERVICES 0 SIMPSON GLEN 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232960640 CCRC PROVIDING HEALTHCARE, HOUSING, AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 SIMPSON MID-TOWN 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 233089337 PROVIDES HOUSING FOR ELDERLY, LOW INCOME RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 SIMPSON HOUSE FOUNDATION 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232320545 RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE WORKS OF SIMPSON HOUSE, INC. PA 501(C)3 11B SIMPSON SENIOR SERVICES 0 NARBERTH ADULT CARE SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948458 PROVIDES ADULT DAY CARE SERVICES AND HEALTHCARE TO THE ELDERLY PA 501(C)3 PF SIMPSON SENIOR SERVICES 0 SIMPSON FOUNDATION 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 454731794 CHARITABLE, LITERARY, SCIENTIFIC, RELIGHIOUS & EDUC PURPOSES FOR THE ELDERLY PA 501(C)3 9 0 SIMPSON GARDENS LP 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 412069202 ECONOMIC DEVELOPMENT OF LOW INCOME HOUSING PA SIMPSON SENIOR SERVICES 288920 3644139 0 1 1.00000 SIMPSON GARDENS HOUSING CORP 150 MONUMENT ROAD BALA CYNWYD PA 19004 412069201 ECONOMIC DEVELOPMENT OF LOW INCOME HOUSING PA N/A C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0