2016-11-11T07:45:41-06:00 2015-12-31 390859910 Baker Tilly Virchow Krause LLP 1650 Market Street Suite 4500 Philadelphia PA 191037341 990 2015-01-01 223701092 SJF CCRC INC SJFC 8566792211 1110 Laurel Oak Road Voorhees NJ 08043 ralph a fera CFO 8566792211 2016-11-04 1 Julius C Green CPA P00350393 2159720701 2015 2017-02-10 21:41:12Z Susan Love 1110 Laurel Oak Road Voorhees NJ 08043 26624027 0 X WWW.LIONSGATEccrc.ORG X 1999 NJ Continuing Care Retirement Community Providing Housing, Healthcare, and other related services. 23 23 302 31 0 0 215362 480226 24388856 25260199 610878 401763 -1563252 306749 23651844 26448937 3639 0 0 0 11758238 10601183 0 0 0 17470644 19038688 29232521 29639871 -5580677 -3190934 110466345 105630338 106410444 105344099 4055901 286239 X SJF-CCRC, Inc., a non-profit agency, is committed to providing the benefits of quality housing and compassionate healthcare services to senior residents and their families. Our community based housing creates a dignified and respectful environment consistent with Jewish values. Through collaborative partnerships, we honor our seniors and strive to offer them excellent programs to enhance their social, cultural and spiritual well-being. 0 0 25396747 25217181 SJF-CCRC, Inc. is a continuing care retirement community providing independent and assisted living as well as skilled nursing and rehabilitation facilities to the elderly population. As a full-service continuing care retirement community, senior living options range from Independent Living to a full continuum of on-site care - Assisted Living, Skilled Nursing and Long-Term Care, Short-Term and Outpatient Rehabilitation, Memory Care and Home Care. Our residents enjoy an independent, engaging and worry-free lifestyle. There are 164 independent living units, 70 assisted living units, 78 skilled nursing beds and 32 rehabilitation beds. The community is located in Voorhees, NJ. 25396747 1 1 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 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 1 102 0 1 302 1 0 0 0 0 0 1 1 0 0 0 0 X 23 23 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X Ralph A Fera CFO 8566792211 1110 Laurel Oak Road Voorhees NJ 08043 Neal Cupersmith President 0.50 0.50 X X 0 0 0 Stephen Scheinthal Vice President 0.50 0.50 X X 0 0 0 Andrea Levin Vice President 0.50 0.50 X X 0 0 0 Rhea Weinberg Brekke Vice President 0.50 0.50 X X 0 0 0 Ian D Meklinsky Esq Treasurer 0.50 0.50 X X 0 0 0 David Gutin Esq Secretary 0.50 0.50 X X 0 0 0 Adam Kaminer Immediate Past President 0.50 0.50 X 0 0 0 Larry Gottlieb member 0.50 0.50 X 0 0 0 Jane Pressman Member 0.50 0.50 X 0 0 0 Mark Rosen Member 0.50 0.50 X 0 0 0 Aimee Levin member 0.50 0.50 X 0 0 0 Betsy Fischer Member 0.50 0.50 X 0 0 0 Brian Zell MD Member 0.50 0.50 X 0 0 0 Joel Kaber member 0.50 0.50 X 0 0 0 Kenneth H Maurer MD Member 0.50 0.50 X 0 0 0 Janine M Sobel MD Member 0.50 0.50 X 0 0 0 Tami Starkman Member 0.50 0.50 X 0 0 0 Craig Stoopler CPA Member 0.50 0.50 X 0 0 0 Cecile K Weber Member 0.50 0.50 X 0 0 0 Jeanette Axelrod Member 0.50 0.50 X 0 0 0 Betty Girlya Member 0.50 0.50 X 0 0 0 Alison Platt-Tarnopol Member 0.50 0.50 X 0 0 0 CHLOE HANDLER member 0.50 0.50 X 0 0 0 MORRIS FUNK CEO 40.00 2.00 X 329842 0 15866 Ralph Fera CFO 40.00 2.00 X 146718 0 7436 Susan Love Exec Dir of operations 40.00 X 135987 0 10251 Sarah Plasha Human Resource Director 40.00 2.00 X 112437 0 11455 Jenne Heffernan Director of Nursing 40.00 2.00 X 103032 0 13124 828016 0 58132 5 0 1 0 FLIK Lifestyles Total PO Box 102289 Atlanta GA 303682289 dining vendor 3858719 Fox Long Term Care Company Total 7 Carnegie Plaza Cherry Hill NJ 08003 rehabilitation services for residents 1414519 E Allen Reeves Inc Total 1145 York Road Abington PA 19001 Construction company 802025 Aspire Technology Partners LLC Total PO Box 789172 Philadelphia PA 191789172 IT infrastructure 523162 Perkins Eastman Architects LC 115 Fifth Avenue New York NY 10003 General contracting and architectural se 382924 5 480226 5200 480226 Net Resident Service Rev 623000 25260199 25260199 25260199 241928 241928 71981 38150 33831 33831 33831 284220 124385 159835 159835 159835 66828 12555 54273 54273 Beauty & Barber Shop 812900 91009 91009 Telephone/Cable Revenue 517000 50763 50763 insurance reimbursement 900099 23810 23810 53063 53063 218645 26448937 25260199 0 708512 523126 523126 7903826 6441058 1462768 86478 75579 10899 1455447 1216727 238720 632306 515285 117021 77954 77954 38033 38033 422 422 2165310 1918338 246972 135533 135533 4909693 4707762 201931 66881 66881 1886973 1886973 25225 18486 6739 12720 12720 3007065 3007065 3280554 3280554 394508 394508 provision for doubtful 882028 882028 medical supplies 774340 774340 repairs & maintenance 424553 424553 activities expense 165005 165005 791891 570514 221377 29639871 25396747 4243124 0 700690 472886 10141676 9307354 2546106 2147665 283071 336552 96037252 23891804 72720497 72145448 642238 599550 23432067 20620883 110466345 105630338 3465259 3868760 2716434 2587322 60923367 60448676 39305384 38439341 106410444 105344099 X 2487510 -1383088 1213391 1314327 355000 355000 4055901 286239 110466345 105630338 X -3190934 -405914 -172814 X X 0 1 X 1 0 X 110112 583099 354095 210683 480226 1738215 19852995 19968272 22951882 24388856 25260199 112422204 19963107 20551371 23305977 24599539 25740425 114160419 0 0 0 114160419 212025 306207 136688 410487 313909 1379316 212025 306207 136688 410487 313909 1379316 393969 195181 417579 -1590014 218645 -364640 20569101 21052759 23860244 23420012 26272979 115175095 0.99120 0.98990 0.01200 0.01150 X Schedule A, Part III, Line 12, Explanation of Other Income: BEAUTY BARBER REVENUE - 2011 Amount: $ 103,514. 2012 Amount: $ 79,466. 2013 Amount: $ 85,053. 2014 Amount: $ 81,648. 2015 Amount: $ 91,009. MEALS REVENUE - 2011 Amount: $ 11,937. 2012 Amount: $ -11,221. 2013 Amount: $ -18,000. 2014 Amount: $ 25,505. 2015 Amount: $ -25,964. MISCELLANEOUS REVENUE - 2011 Amount: $ 19,469. 2012 Amount: $ 28,510. 2013 Amount: $ 268,997. 2014 Amount: $ 49,326. 2015 Amount: $ 54,869. TELEPHONE/CABLE TV REVENUE - 2011 Amount: $ 40,566. 2012 Amount: $ 43,077. 2013 Amount: $ 49,324. 2014 Amount: $ 45,340. 2015 Amount: $ 50,763. MAINTENANCE REVENUE - 2011 Amount: $ 11,247. 2012 Amount: $ 8,538. 2013 Amount: $ -287. 2014 Amount: $ 2,361. 2015 Amount: $ 4,457. TRANSPORTATION REVENUE - 2011 Amount: $ 9,289. 2012 Amount: $ 16,336. 2013 Amount: $ 4,525. 2014 Amount: $ 5,285. 2015 Amount: $ 5,081. GUEST ROOM REVENUE - 2011 Amount: $ 2,776. 2012 Amount: $ 4,586. 2013 Amount: $ 8,833. 2014 Amount: $ 11,018. 2015 Amount: $ 14,620. TRIPS REVENUE - 2011 Amount: $ 10. PRIVATE EVENTS REVENUE - 2011 Amount: $ 20,452. 2012 Amount: $ 25,889. 2013 Amount: $ 19,134. 2014 Amount: $ 983. gain on retirement of bonds - 2011 Amount: $ 19,388. reimbursements/discounts - 2011 Amount: $ 155,321. 2015 Amount: $ 23,810. LOSS ON BOND REFINANCING - 2014 Amount: $ -1,811,480. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 422 422 0 Part II-B, Line 1: SJF-CCRC, INC. PAID MEMBERSHIP DUES TO LEADING AGE OF NJ. A PORTION OF THE DUES PAID IS ALLOCABLE TO LOBBYING EXPENSES. THE AMOUNT OF DUES PAID TO LEADING AGE IN 2015 ALLOCABLE TO LOBBYING WERE $422. 8233661 25726 115878 2018000 82661 6274604 7921998 27005 287508 2850 8233661 7307868 223883 355795 434924 7921998 7302599 53535 693120 741386 7307868 7250285 69785 5747 23218 7302599 0.70000 0.06000 0.24000 1 0 6360288 6360288 74478668 19842662 54636006 14308986 3812211 10496775 889310 236931 652379 72145448 REFUNDABLE DEPOSITS 81022 Deferred Financing Costs 2548171 Interest in net assets of Jewish Community Foundation 6042848 Funds held by Trustee 11948842 20620883 SECURITY DEPOSIT PAYABLE 434068 Refundable Fees and Deposits 38005273 38439341 X 25825218 -405914 -268510 -674424 26499642 -50705 -50705 26448937 29594880 50705 50705 29544175 95696 95696 29639871 Part V, Line 4: Funds will be utilitized for supporting the mission of the organization under the guidance of the Board of Trustees. Part X, Line 2: Lions Gate accounts for uncertainty in income taxes using a recognition threshold of more likely than not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold is met. Management determined that there were no tax uncertainties that met the recognition threshold in 2015 or 2014. Lions Gate's federal Return of Organization Exempt from Income Tax for the years prior to 2012 are no longer subject to examination by the Internal Revenue Service. Part XI, Line 2d - Other Adjustments: Increase in interest in net assets of Jewish Community Foundation -172,814. BEAUTY & BARBER EXPENSES NETTED WITH REVENUE ON THE FINANCIAL STATEMENTS -95,696. Part XI, Line 4b - Other Adjustments: RENTAL EXPENSES -38,150. fundraising expenses -12,555. Part XII, Line 2d - Other Adjustments: RENTAL EXPENSES 38,150. fundraising expenses 12,555. Part XII, Line 4b - Other Adjustments: BEAUTY & BARBER EXPENSES NETTED WITH REVENUE ON THE FINANCIAL STATEMENTS 95,696. Ad Journal Luncheon 53001 53001 7180 fashion show 13827 13827 5375 66828 66828 12555 12555 54273 X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 MORRIS FUNK CEO 309842 0 20000 0 0 0 8442 0 7424 0 345708 0 0 0 Ralph Fera CFO 144718 0 2000 0 0 0 0 0 7436 0 154154 0 0 0 Part I, Line 1a A FIXED MONTHLY AMOUNT IS GIVEN TO MORRIS FUNK, CEO, TO COVER TRAVEL EXPENSES. THIS AMOUNT WAS NOT INCLUDED IN HIS TAXABLE INCOME AS IT WAS COVERING BUSINESS RELATED EXPENSES. Part I, Line 1b Written proof of all travel and expense reimbursement is maintained in the finance department. A NEW JERSEY Economic Development Authority 222045817 64577BAR5 2014-07-02 60910712 NEW CONSTRUCTION AND RETIREMENT OF OLD BONDS 0 0 0 A 500000 60910712 50629798 1218214 4114778 4947922 2016 1 0 1 1 A 0 0 1 1 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 Date Rebate Computation Performed Issuer Name: NEW JERSEY Economic Development Authority Date the Rebate Computation was Performed: 12/31/2014 Form 990, Part VI, Section A, line 7a An affiliated company, Jewish Federation of Southern New Jersey, has the right to appoint two members of the Board. Form 990, Part VI, Section A, line 7b An affiliated company, Jewish Federation of Southern New Jersey, has the right to vote on two members of the Board. Form 990, Part VI, Section B, line 11 The CFO will review the 990. Then a presentation will be made by a tax partner from the preparer agency to the Finance Committee. A full review of the draft 990 will be discussed with all sections of the return being presented to the finance committee prior to filing. Form 990, Part VI, Section B, line 12c A conflict of interest policy and disclosure statement is furnished annually to each key individual (which includes all board members, officers, and key employees) following the annual meeting. Any new key individual is provided with a copy of this policy upon commencement of their position. Key individuals are required to give full disclosure, in writing, of any relationship or interest that may give rise to a conflict to the President of the Board and to the Chairman of any committee acting on the contract or transaction. Staff members shall disclose, in writing, any possible conflict of interest for themselves or their family members to the Chief Financial Officer. The policy is reviewed and distributed to the board annually. If there is a specific conflict, board members recuse themselves from participating in related discussions or voting. Form 990, Part VI, Section B, line 15 The CEO goes through a committee process for compensation review. Comparative information is provided to enable the Board committee to make an accurate suggestion to the Board. Other employees are compensated based upon an internal review process. Fair market value of compensation was initially determined using industry sources such as Leading Age and Association of Jewish Aging Services (AJAS). the compensation process is documented in the minutes. 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: Decrease in interest in net assets of Jewish Community Foundation -172,814. Form 990, Part XII, Line 2c: SJF-CCRC, INC. HAS NOT CHANGED ITS OVERSIGHT PROCESS REGARDING ITS AUDITED FINANCIAL STATEMENTS. Jewish Federation Housing Management Co 3051 W Chapel Ave Cherry Hill NJ 08002 222208648 Food & Housekeeping Services; Affordable Housing Services for Seniors NJ 501(c)(3) Line 9 N/A 0 JEWISH FEDERATION OF SOUTHERN NEW JERSEY 1301 SPRINGDALE ROAD CHERry Hill NJ 08002 210634489 SOCIAL SERVICES & OTHER COMMUNITY SERVICES NJ 501(c)(3) Line 7 N/A 0 JEWISH FEDERATION SENIOR HOUSING INC 3051 W Chapel Ave Cherry Hill NJ 08002 311654257 AFFORDABLE HOUSING FOR SENIOR CITIZENS NJ 501(c)(3) Line 9 N/A 0 JEWISH FEDERATION HOUSING INC 3051 W Chapel Ave Cherry Hill NJ 08002 222137968 AFFORDABLE HOUSING FOR SENIOR CITIZENS NJ 501(c)(3) Line 9 N/A 0 Bernard Dubin House Limited Partnership 3051 West Chapel Ave Cherry Hill NJ 08002 208334276 Real Estate NJ N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 JFH Management Co Inc (22-2208648) O 75000 approximate salary for controller JFH Management Co Inc (22-2208648) S 60000 monthly management fee