2016-05-16T10:02:26-05:00 2015-06-30 410746749 CLIFTONLARSONALLEN LLP 610 W GERMANTOWN PIKE STE 400 PLYMOUTH MEETING PA 19462 990 2014-07-01 232053395 PAUL'S RUN PAUL 2159343000 9896 BUSTLETON AVENUE PHILADELPHIA PA 19115 JOHN M BARNUM CFO CFO 2159343000 2016-05-13 1 JAMES D WATSON P01450300 2156433900 2014 2016-08-17 19:52:53Z JOHN M BARNUM 7002 BUTLER PIKE AMBLER PA 19002 37290541 0 9386 X WWW.PAULSRUN.ORG X 1977 PA PAUL'S RUN IS A NONPROFIT 501(C)(3) ORGANIZATION THAT OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING PERSONAL CARE, NURSING, AND OTHER RELATED SERVICES TO SENIORS IN A FACILITY THAT INCLUDES 234 INDEPENDENT LIVING UNITS, 84 PERSONAL CARE UNITS, AND 120 SKILLED NURSING BEDS. PAUL'S RUN'S FACILITY IS LOCATED IN PHILADELPHIA, PENNSYLVANIA AND ITS PRIMARY SERVICE AREA INCLUDES PHILADELPHIA, PENNSYLVANIA AND SURROUNDING COMMUNITIES. LIBERTY LUTHERAN SERVICES IS A PENNSYLVANIA NONPROFIT ORGANIZATION AND THE SOLE MEMBER OF PAUL'S RUN. 8 8 480 876 0 0 6373 5822 26585012 27136933 605568 4580620 147687 -162147 27344640 31561228 0 0 0 0 12751456 13403300 0 0 175000 12482475 12534617 25233931 25937917 2110709 5623311 50681504 50596269 33593923 32854428 17087581 17741841 X PAUL'S RUN IS A NONPROFIT 501(C)(3) ORGANIZATION THAT OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING PERSONAL CARE, NURSING, AND OTHER RELATED SERVICES TO SENIORS IN A FACILITY THAT INCLUDES 234 INDEPENDENT LIVING UNITS, 84 PERSONAL CARE UNITS, AND 120 SKILLED NURSING BEDS. PAUL'S RUN'S FACILITY IS LOCATED IN PHILADELPHIA, PENNSYLVANIA AND ITS PRIMARY SERVICE AREA INCLUDES PHILADELPHIA, PENNSYLVANIA AND SURROUNDING COMMUNITIES. LIBERTY LUTHERAN SERVICES IS A PENNSYLVANIA NONPROFIT ORGANIZATION AND THE SOLE MEMBER OF PAUL'S RUN. 0 0 21409766 27136933 EXPENSES INCURRED OPERATING A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF 234 INDEPENDENT LIVING UNITS, 84 PERSONAL CARE UNITS, AND 120 SKILLED NURSING BEDS. 21409766 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 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 26 0 1 480 1 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 1 0 1 1 1 0 0 0 1 1 1 1 1 0 0 0 PA X JOHN M BARNUM CFO 2674647700 7002 BUTLER PIKE AMBLER PA 19002 GWENDOLYN WEBSTER VICE CHAIRMAN 0.50 0.50 X X 0 0 0 JOHN HECK BOARD MEMBER 0.50 0.50 X 0 0 0 ROBERT KEDDIE BOARD MEMBER 0.50 0.50 X 0 0 0 CARL W HOLMES SR TREASURER 0.50 0.50 X X 0 0 0 REV FRED HOPKE CHAIRMAN 0.50 0.50 X X 0 0 0 NEVIN MANN SECRETARY 0.50 0.50 X X 0 0 0 FRANK ROTH BOARD MEMBER 0.50 0.50 X 0 0 0 BEVERLY BORTZ BOARD MEMBER 0.50 0.50 X 0 0 0 LUANNE B FISHER CEO/PRESIDENT 0.50 37.50 X 0 370338 43725 JOHN M BARNUM CFO/SENIOR VICE PRESIDENT 0.50 37.50 X 0 247490 17338 JOAN MYERS SENIOR VICE PRESIDENT/CHIEF OPERATING OFFICER 0.50 37.50 X 0 189525 30553 KATRINA KANE WISE VP/EXECUTIVE DIRECTOR 0.50 37.50 X 0 161032 7604 KAREN CONNELLY DIRECTOR OF NURSING 37.50 0.00 X 108598 0 14595 DOLORES REDNER DIRECTOR OF HEALTH CARE 37.50 0.00 X 0 110919 10788 MARIE CZAPOR HEALTHCARE SUPERVISOR 37.50 0.00 X 100620 0 13156 MATTHEW BINDHU HEALTHCARE SUPERVISOR 37.50 0.00 X 110444 0 23679 319662 1079304 161438 3 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 DINING 1612084 GENESIS ELDERCARE REHAB SERVICES PO BOX 7247-6524 PHILADELPHIA PA 19170 THERAPY 1360164 SFCS INC 305 S JEFFERSON STREET ROAKNOKE VA 24011 ARCHITECT 468503 WEIDENHAMMER CORPORATION 935 BERKSHIRE BOULEVARD WYOMISSING PA 19610 WIFI INFRASTRUCTURE 314241 SLIWINSKI FLOOR COVERING SERVICES 421 PIKE ROAD UNIT 4 HUNTINGDON VALLEY PA 19006 CONSTRUCTION 215792 8 5822 5822 MEDICAL CARE FACILITY SERVICES 623000 14423815 14423815 RESIDENTIAL FACILITY SERVICES 623000 7632141 7632141 PERSONAL CARE FACILITY SERVICES 623000 5065610 5065610 AMORTIZATION OF DEFERRED ENTRANCE 623000 15367 15367 27136933 388286 388286 89060 0 89060 89060 89060 9916896 4751 5729313 0 4187583 4751 4192334 4192334 MEALS AND ROOM RENTAL 623000 9731 9731 MEDICAL OFFICE STAFFING 623000 3572 3572 LOSS ON DEBT FINANCING 623000 -315629 -315629 51119 51119 -251207 31561228 27136933 0 4418473 X 10322874 9749475 573399 240426 231999 8427 2084744 1667075 417669 755256 719188 36068 2492389 2317389 175000 31763 31763 19916 19916 2681568 2503717 177851 134131 134131 990881 664272 326609 970070 970070 173 79 94 13065 2869 10196 1102637 1100459 2178 1465299 1458487 6812 399780 399780 FOOD 993228 993228 MEDICAL SUPPLIES 951796 951796 NURSING HOME ASSESSMENT 262921 262921 BAD DEBT 25000 25000 25937917 21409766 4353151 175000 226846 201119 2047978 1580440 28092 36322 107105 109283 40103916 27076481 11713215 13027435 17429622 17374122 19128646 18267548 50681504 50596269 3426622 2719666 50709 35343 24989250 24560500 796799 752213 4330543 4786706 33593923 32854428 X 17081591 17733131 5990 8710 17087581 17741841 50681504 50596269 X 5623311 -4523192 -445859 X 0 1 X 1 0 X 5803 6712 4453 6373 5822 29163 25733340 25714495 25621639 26585012 27136933 130791419 25739143 25721207 25626092 26591385 27142755 130820582 0 0 0 130820582 399015 445532 484047 472973 477346 2278913 399015 445532 484047 472973 477346 2278913 40471 54502 54177 57565 64422 271137 26178629 26221241 26164316 27121923 27684523 133370632 0.98090 0.98170 0.01710 0.01660 X 0 1 X 1236383 1236383 30195616 21454652 8740964 7057970 5485439 1572531 1613947 136390 1477557 13027435 DEFERRED FINANCING COSTS 130213 INTEREST IN NET ASSETS OF AFFILIATES 8967200 DUE FROM AFFILIATES 9170135 18267548 OBLIGATION UNDER SWAP AGREEMENTS 4766941 DUE FROM AFFILIATES 19765 4786706 X 26592177 -4523192 -445859 -4969051 31561228 0 31561228 25937917 0 25937917 0 25937917 PART IV, LINE 2B: THE SECURITY DEPOSITS ARE FOR RESIDENTS IN PERSONAL CARE AND INDEPENDENT LIVING UNITS. THE DEPOSITS ARE EQUIVALENT TO ONE MONTH'S WORTH OF RENT UPON ADMISSION AND ARE REFUNDABLE UPON PERMANENT TRANSFER TO A SNF, LEAVING THE COMMUNITY, OR DUE TO DEATH. PART X, LINE 2: PAUL'S RUN IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PAUL'S RUN 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 PAUL'S RUN'S FINANCIAL STATEMENTS. PAUL'S RUN IS ALSO EXEMPT FROM SALES TAX. PAUL'S RUN IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SWAP AGREEMENTS -455,505. CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION 9,646. X X 0 0 0 0 0 0 0 1 0 LUANNE B FISHER CEO/PRESIDENT 0 370338 0 0 0 0 0 20400 0 23325 0 414063 0 0 JOHN M BARNUM CFO/SENIOR VICE PRESIDENT 0 222490 0 25000 0 0 0 9900 0 7438 0 264828 0 0 JOAN MYERS SENIOR VICE PRESIDENT/CHIEF OPERATIN 0 184525 0 5000 0 0 0 7581 0 22972 0 220078 0 0 KATRINA KANE WISE VP/EXECUTIVE DIRECTOR 0 161032 0 0 0 0 0 6441 0 1163 0 168636 0 0 PART I, LINE 7 BONUSES WERE PAID TO KEY EMPLOYEES BASED ON THE NUMBER OF RESIDENTS MOVED INTO THE FACILITY AND ON REACHING OCCUPACNY TARGETS FOR EACH LEVEL OF CARE. IN FISCAL YEAR 2015, A TOTAL OF $20,300 WAS PAID TO THESE EMPLOYEES. SCHEDULE J, PART III COMPENSATION POLICY OF RELATED ORGANIZATION: ALL TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES ARE THE EMPLOYEES OF ITS PARENT ORGANIZATION. THE FOLLOWING POLICIES ARE APPLIED TO THE PARENT AND ITS AFFILIATES: THE EXECUTIVE COMMITTEE APPROVES THE ANNUAL REVIEW AND COMPENSATION OF THE CEO. THE CFO AND EXECUTIVE DIRECTORS ARE REVIEWED ANNUALLY BY THE CEO, WITH COMPARABLE SALARY SURVEYS. THE LAST COMPARABLE SALARY SURVEY WAS DONE IN 2015. THE CEO REPORTS THE ANNUAL EXECUTIVE REVIEWS TO THE EXECUTIVE COMMITTEE. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 2014-08-28 62425000 REFINANCE EXISTING BONDS, PAY FOR RENOVATIONS, COST OF BONDS 0 0 0 A 645000 62425000 38212956 535509 23676535 2016 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 1 0 1 1 MORGAN STANLEY CAPITAL SERVICES 14.209500000000 0 0 0 0 1 A 1 SCHEDULE K, PART I THE SERIES 2014 BONDS WERE DIRECTLY PURCHASESD BY A BANK AND A LOAN WAS PROVIDED TO THE TWO MEMBERS OF THE OBLIGATED GROUP, THAT IS ARTMAN AND PAUL'S RUN, JOINTLY AND SEVERALLY. ALL AMOUNTS ON SCHEDULE K ARE A REFLECTION OF THE JOINT AND SEVERALLY LIABILITY, PROCEEDS. ETC. OF THE OBLIGATED GROUP AS A WHOLE. FORM 990, PART VI, SECTION A, LINE 3 PAUL'S RUN DESIGNATES ITS ADMINISTRATIVE/MANAGEMENT AND FUNDRAISING FUNCTIONS TO ITS PARENT AND AFFILIATED ORGANIZATIONS (BOTH ARE NOT-FOR-PROFIT CORPORATIONS) UNDER THE AFFILIATE AGREEMENT DATED JANUARY 1, 2001. IN ANNOUNCEMENT, 2001-33, THE TOTAL FEES INCURRED FOR THESE SERVICES DURING THE REPORTING YEAR WERE AS FOLLOWS: $2,317,389 TO ITS PARENT ORGANIZATION AND REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A, COLUMN C AND $175,000 TO ITS AFFILIATED ORGANIZATION AND REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A, COLUMN D. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE MEMBER. THE SOLE MEMBER SHALL BE LIBERTY LUTHERAN SERVICES. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECTED TO THE APPROVAL OF THE MEMBER ARE REQUIRED FOR ANY OF THE FOLLOWING ACTIONS: ANY MERGER, DISSOLUTION, OR LIQUIDATION OF THE CORPORATION; ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS; THE SALE, PLEDGE, LEASE OR OTHER TRANSFER OF ASSETS OF THE CORPORATION; APPROVAL OF THE CORPORATION'S ANNUAL CAPITAL AND OPERATING BUDGETS; ISSUANCE OF DEBT GREATER THAN FIFTY THOUSAND ($50,000) BY THE CORPORATION; THE EXECUTION OF ANY CONTRACT; AND ANY MATERIAL CHANGE TO THE BUSINESS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 NO REVIEW WILL BE CONDUCTED BY THE GOVERNING BOARD IN ADVANCE OF FILING THE FORM 990. ALL FORM 990'S ARE MADE AVAILABLE TO THE BOARD AFTER FILING. HOWEVER, THE FINAL FORM 990 IS REVIEWED IN DETAIL FOR ACCURACY AND SIGNED BY THE CHIEF FINANCIAL OFFICER OF LIBERTY LUTHERAN SERVICES (PARENT ORGANIZATION). FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD AND SENIOR LEVEL STAFF. THEY ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE. THE CORPORATE COMPLIANCE OFFICER REVIEWS ALL POTENTIAL STAFF CONFLICTS. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL BOARD CONFLICTS. WHEN A CONFLICT OF INTEREST ARISES, THE BOARD SHALL PERMIT THE INTERESTED PERSON TO MAKE A PRESENTATION AT THE BOARD MEETING AND AFTER THE PRESENTATION, THE INTERESTED PERSON LEAVES AND THE BOARD VOTES ON AN ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST BEING ADDRESSED. IF APPROPRIATE, A NON-INTERESTED PERSON OR COMMITTEE INVESTIGATES ALTERNATIVES TO THE PROPOSED ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD WILL DETERMINE IF A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD WILL DETERMINE BY MAJORITY VOTE THE ARRANGEMENT IN THE CORPORATION'S BEST INTEREST AND FOR ITS BENEFIT, AND/OR IF IT IS REASONABLE AND FAIR TO THE CORPORATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,503,717. MANAGEMENT AND GENERAL EXPENSES 177,851. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,681,568. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP AGREEMENTS -455,505. CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION 9,646. LIBERTY LUTHERAN SERVICES 7002 BUTLER PIKE AMBLER PA 19002 233059658 TO PROVIDE TAX EXEMPT SUBSIDIARIES WITH MANAGEMENT & ADMINISTRATIVE SERVICES PA 501(C)(3) LINE 1 N/A 0 LIBERTY COMMUNITY SERVICES 7002 BUTLER PIKE AMBLER PA 19002 203630505 TO PROVIDE VARIOUS SERVICES TO SENIORS IN THEIR HOMES PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 0 LIBERTY LUTHERAN FOUNDATION 7002 BUTLER PIKE AMBLER PA 19002 232665839 TO IMPLEMENT AND ADMINISTER FUNDRAISING ACTIVITY FOR AFFILIATES PA 501(C)(3) LINE 11A, I LIBERTY LUTHERAN SERVICES 0 LUTHERAN CHILDREN & FAMILY SERVICES OF EASTERN PENNSYLVANIA 5401 RISING SUN AVENUE PHILADELPHIA PA 19120 231696007 TO PROVIDE SERVICE TO ALL AGES THROUGH A VARIETY OF PROGRAMS PA 501(C)(3) LINE 7 LIBERTY LUTHERAN SERVICES 0 MARY J DREXEL HOME 238 BELMONT AVENUE BALA CYNWYD PA 19004 230536370 ASST. LIVING, TO PROVIDE HOUSING, ASST. LIVING & OTHER RELATED SERVICES PA 501(C)(3) LINE 9 LIBERTY LUTHERAN SERVICES 0 ARTMAN LUTHERAN HOME 250 N BETHLEHEM PIKE AMBLER PA 19002 231401548 CCRC, PROVIDING NURSING & OTHER RELATED SERVICES TO SENIORS PA 501(C)(3) LINE 9 LIBERTY LUTHERAN SERVICES 0 LUTHERAN CONGREGATIONAL SERVICES 1923 HANOVER AVENUE ALLENTOWN PA 18109 231894019 TO PROVIDE DISASTER RESPONSE AND COOMMUNITY OUTREACH PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 0 LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION 260 LIONS HILL ROAD STATE COLLEGE PA 16803 223876595 CCRC, PROVIDING NURSING & OTHER RELATED SERVICES TO SENIORS PA 501(C)(3) LINE 9 LIBERTY LUTHERAN SERVICES 0 0 0 0 0 1 0 0 0 0 0 0 0 1 1 1 1 1 1 1