2016-06-21T08:41:11-05:00 2015-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2015-01-01 210634576 HEBREW OLD AGE CENTER OF ATLANTIC CITY T/A SEASHORE GARDENS LIVING CENTER HEBR 6094044848 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 08205 MARTIN KLEIN PRESIDENT 6094044848 2016-06-21 1 KYLE A NEELD CPA P01231129 6096899700 2015 2016-09-27 15:27:22Z MARTIN KLEIN 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 08205 14307450 0 X WWW.SEASHOREGARDENS.ORG X 1934 NJ CARE FOR THE ELDERLY 27 27 247 27 0 0 23848 10067 14303600 13916141 117993 97720 315783 268514 14761224 14292442 0 0 0 0 8065341 7744829 0 0 14432 6635577 6525901 14700918 14270730 60306 21712 26505297 25847992 29263046 28653939 -2757749 -2805947 X THE SIMON AND SYLVIA ZISMAN SEASHORE GARDENS LIVING CENTER IS A NON PROFIT HOME FOR THE AGED, GUIDED BY JEWISH TRADITION, LAW AND CHARITY, DEDICATED TO ENRICHING THE QUALITY OF LIFE FOR EACH OF OUR RESIDENTS. SEASHORE GARDENS CONTINUOUSLY STRIVES TO PROVIDE THE FINEST QUALITY OF HEALTH CARE AND SUPPORTIVE SERVICES TO OUR RESIDENTS BY: (1) CREATING A CARING AND COMPASSIONATE ATMOSPHERE (2) ENCOURAGING RESIDENT AND FAMILY INVOLVEMENT AND PARTICIPATION (3) PROVIDING A DEDICATED STAFF OF PROFESSIONALS WHO UNDERSTAND THE NEEDS OF ELDERLY (4) UTILIZING AVAILABLE COMMUNITY RESOURCES. SEASHORE GARDENS LIVING CENTER PROMISES TO REMAIN PROACTIVE IN MEETING THE CHALLENGES WE FACE WITH THE UNDERSTANDING THAT WE ARE IN EXISTENCE FOR OUR RESIDENTS. 0 0 12408624 14169647 PROVISION OF FOOD AND LODGING FOR ELDERLY JEWISH AND NON JEWISH RESIDENTS PLUS CARING FOR THEIR PHYSICAL AND EMOTIONAL NEEDS. 12408624 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 1 0 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 20 0 1 247 1 0 0 0 0 0 0 0 0 0 0 X 27 27 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X LOUIS RICCIARDI 6094044848 22 WEST JIMMIE LEEDS ROAD GALLOWAY NJ 08205 JASON GOLDSTEIN CHAIRMAN 1.00 X X 0 0 0 ADRIENNE BEINFEST VICE CHAIRPERSON 1.00 X X 0 0 0 MARTHA MOROWITZ VICE CHAIRPERSON 1.00 X X 0 0 0 MICHAEL WEINRAUB ESQ VICE CHAIRPERSON 1.00 X X 0 0 0 MARK STEIN ESQ TREASURER 1.00 X X 0 0 0 MICHAEL STARK SECRETARY 1.00 X X 0 0 0 CY BALTUS DIRECTOR 1.00 X 0 0 0 HOWARD BERNSTEIN DIRECTOR 1.00 X 0 0 0 SHIRLEY BERNSTEIN DIRECTOR 1.00 1.00 X 0 0 0 SHELLEY BERNSTEIN DIRECTOR 1.00 1.00 X 0 0 0 RICHARD COHEN CPA DIRECTOR 1.00 1.00 X 0 0 0 JEFFREY DELSON DDS DIRECTOR 2.00 X 0 0 0 ALAN FELDMAN DIRECTOR 1.00 X 0 0 0 SINDY O FINKELSON ESQ DIRECTOR 1.00 X 0 0 0 SHARON HARRIS-ZLOTNICK DIRECTOR 1.00 X 0 0 0 ROBERT HORDES DIRECTOR 1.00 X 0 0 0 MICHAEL HYETT ESQ DIRECTOR 1.00 X 0 0 0 DAVID KARP DIRECTOR 2.00 X 0 0 0 DR GARY KELMAN DIRECTOR 1.00 X 0 0 0 WILLIAM KOHLER DIRECTOR 1.00 X 0 0 0 RABBI AARON H KRAUSS DIRECTOR 1.00 X 0 0 0 ETHEL LEVINSON DIRECTOR 1.00 X 0 0 0 DAVID LIEBERMAN DIRECTOR 1.00 X 0 0 0 TED RICH DIRECTOR 1.00 1.00 X 0 0 0 DEAN SCARPA DIRECTOR 1.00 X 0 0 0 SUZANNE SINGER DIRECTOR 1.00 X 0 0 0 IRVIN SNYDER DIRECTOR 1.00 X 0 0 0 MARTIN H KLEIN LNHA CALA PRESIDENT/CEO 10.00 24.00 X 182931 0 16878 JANICE T CAMBRON LNHA CALA ASSISTANT SECRETARY 40.00 X 145242 0 5157 LOUIS N RICCIARDI CONTROLLER 40.00 X 112916 0 5157 BERNADETTE PERNA DIRECTOR NURSING 40.00 X 117692 0 2633 558781 0 29825 4 0 1 0 SELECT MEDICAL REHABILITATION PO BOX 643920 PITTSBURGH PA 15264 THERAPY SERVICES 869993 1 10067 10067 ELDERLY CARE & HOUSING 623000 13916141 13916141 13916141 112728 112728 15008 -15008 -15008 -15008 OTHER SERVICE REVENUE 623000 268514 268514 268514 14292442 14169647 0 112728 216835 204894 11941 5820156 5324153 496003 1166396 1018705 147691 541442 482284 58217 941 26820 26820 30062 30062 1117594 1096457 21137 34382 263 34119 32361 32361 53484 53484 462712 462712 1450249 1450249 927524 927524 408091 408091 FOOD 674475 674475 SUPPLIES 585472 560075 24127 1270 BAD DEBT 129411 129411 LAUNDRY 120134 120134 473130 291593 181257 280 14270730 12408624 1847674 14432 1453 750 343702 785696 2222284 2025805 216359 203271 29591854 13476052 16950204 16115802 2656508 2440714 4114787 4275954 26505297 25847992 865378 1013701 27295000 26660000 336495 340963 766173 639275 29263046 28653939 X -2757749 -2805947 -2757749 -2805947 26505297 25847992 21712 -69910 0 X X 0 1 X 1 0 X 10409 4455 16831 23848 10067 65610 3618385 4377273 3814073 3913465 4098304 19821500 3628794 4381728 3830904 3937313 4108371 19887110 0 0 0 19887110 53110 67786 90609 117993 112728 442226 53110 67786 90609 117993 112728 442226 251959 254729 222872 315783 268514 1313857 3933863 4704243 4144385 4371089 4489613 21643193 0.91890 0.91890 0.02040 0.01850 X 0 1 X 3670545 3670545 25921309 13476052 12445257 16115802 UNAMORTIZED BOND ISSUANCE COSTS 284281 UNAMORTIZED ORIGINAL ISSUE DISCOUNT 45484 ASSETS HELD UNDER DEBT AGREEMENT 3005147 DUE FROM SEASHORE GARDENS FOUNDATION 461336 RESIDENT DEPOSITS 340963 DUE FROM SEASHORE ELDER HOUSING, LP 872 DUE FROM SEASHORE ELDER HOUSING, LLC 9991 OTHER RECEIVABLES 127880 4275954 ACCRUED SALARIES AND BENEFITS 401980 ACCRUED INTEREST 237295 639275 14222532 -69910 -69910 14292442 0 14292442 14270730 0 14270730 0 14270730 PART IV, LINE 2B: THE CENTER IS THE CUSTODIAN FOR RESIDENT TRUST FUNDS. X X 0 0 0 0 0 0 0 0 0 MARTIN H KLEIN LNHA CALA PRESIDENT/CEO 182931 0 0 0 0 0 0 0 16878 0 199809 0 0 0 JANICE T CAMBRON LNHA CALA ASSISTANT SECRETARY 145242 0 0 0 0 0 0 0 5157 0 150399 0 0 0 A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FA6 2006-11-29 5365000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 B NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FB4 2006-11-29 8915000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 C NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FD0 2006-11-29 17080000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 A 5365000 357706 4884062 44592 137 0 1 1 1 B 8915000 594400 8115826 74097 227 0 1 1 1 C 17080000 1138794 15548886 141961 434 0 1 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 A 0 B 0 C 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/23/2012 ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/23/2012 ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 03/23/2012 FORM 990, PART VI, SECTION A, LINE 2 HOWARD BERNSTEIN, DIRECTOR AND SHIRLEY BERNSTEIN, DIRECTOR ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE FORM 990 IS MADE AVAILABLE FOR BOARD REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARY REVIEWS THEIR CONFLICT OF INTEREST POLICY AND REQUIRES BOARD MEMBERS TO DISCLOSE ANY CONFLICTS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION REVIEWS THE CEO'S EMPLOYMENT CONTRACT AND APPROVES THE CONTRACT AS IT RELATES TO COMPENSATION, COMPENSATION INCREASES, BONUSES AND OTHER FRINGE BENEFITS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST AND IS PUBLISHED ON THE GUIDESTAR WEBSITE. 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 PAGE 3 PART IV QUESTION 11F:. THE ORGANIZATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740) SO THIS DISCLOSURE IS NO LONGER REQUIRED BASED ON RECENT GUIDANCE BY THE AICPA. SEASHORE GARDENS FOUNDATION 22 W JIMMIE LEEDS RD GALLOWAT TWP NJ 08205 562424727 TO SUPPORT VARIOUS PROGRAMS AND SERVICES AT SEASHORE GARDENS LIVING CENTER NJ 501(C)(3) 7 SEASHORE GARDENS FOUNDATION 0 SEASHORE ELDER HOUSING LLC 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 082059422 262342922 FOSTER LOW INCOME HOUSING, REDEVELOP, OWN AND OPERATE A MULTIFAMILY PROPERTY NJ SEASHORE GARDENS FOUNDATION RELATED 0 0 SEASHORE GARDENS WO WALLS INC 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 082059422 463221000 PROVIDE ELDER HOUSING AND AT-HOME REHABILITATION RELATED SERVICES NJ SEASHORE GARDENS FOUNDATION RELATED 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 1 SEASHORE GARDENS FOUNDATION O 177046 FAIR MARKET VALUE