2016-05-26T09:10:46-07:00 2015-12-31 990 2015-01-01 233022262 MORAVIAN VILLAGE OF BETHLEHEM MORA 6106254885 526 Wood Street Bethlehem PA 18018 Daniel Soos Chief financial officer 6106254885 2016-05-12 2015 2016-09-27 15:27:22Z David Roth CEO 526 Wood Street Bethlehem PA 18018 22219058 0 X www.moravianvillage.com X 2002 PA The Moravian Village is a continuing care community located in Bethlehem, Pa.The community consists of a 118 bed health care and rehabilitation center, 145 independent living apartments and 105 independent living cottages. 10 10 438 100 0 0 61103 496155 21560135 21241613 20103 18781 395314 462509 22036655 22219058 0 0 0 0 9605549 9893610 0 0 37790 11793359 12123149 21398908 22016759 637747 202299 78509926 77906686 79355472 78595851 -845546 -689165 The Moravian Village of Bethlehem is a continuing care community located in Bethlehem, Pa. The community consists of a 118 bed health care and rehab center, 145 independent living apartments and 105 independent living cottages. 0 0 16658379 0 22173140 Program costs incurred from the operation of a 118 bed health and rehab center,145 independent living apartment complex and 105 independent living cottages. 0 0 0 16658379 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 1 63 0 1 438 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X Moravian Village of Bethlehem 6106254885 526 Wood Street Bethlehem PA 18018 Dick Cipolleti Board Member 1 0 X 13750 0 0 Fred Sprissler Board Member 1 0 X 0 0 0 Mike Guro Board Member 1 0 X 0 0 0 Bruce Palmer CPA Board Member 1 0 X 0 0 0 Mike Carr Board Member 1 0 X 1327 0 0 Robert Begliomini Board Member 1 0 X 0 0 0 William Matz Esq Board President 1 0 X 10550 0 0 Carol Henn Board VP 1 0 X 0 0 0 Brad Senick Board Member 1 40 X 0 81650 0 Tracy Patton Exe VP 50.00 0 X 169645 0 0 John Calzola VP of Human Resources 50 0 X 113554 0 0 308826 81650 0 2 0 1 0 Capital Blue Cross po box 779516 Harrisburg PA 17177 employee medical insurance provider 1146415 RehabCare Group PO Box 503534 St Louis MO 63150 Therapy Contractor 1890037 McKesson Medical Surgical Supply PO Box 630693 Cincinnati OH 45263 Medical Supplies 103985 3 0 0 0 0 0 496155 0 496155 Nursing Services 623000 13723542 13723542 0 0 Apartment Service Fees 623000 4507072 4507072 0 0 Cottage Fees 623000 1259335 1259335 0 0 Amortization/Termination of Entrance Fees 900099 1751664 1751664 0 0 0 0 0 0 21241613 18781 0 0 18781 0 0 0 0 0 0 0 0 0 0 0 0 0 Employee/Guest Meals 722210 140425 140425 0 0 Cable and TV Charges 900099 80909 80909 0 0 Misc Charges 900099 241175 241175 0 0 0 0 0 0 462509 22219058 21704122 0 18781 283199 283199 7876132 5815809 2022533 37790 886367 886367 847912 847912 3739 3739 53808 53808 416924 392808 24116 37839 27194 10645 2506535 2229288 277247 21678 8505 13173 1062645 1062645 2455533 2455533 244597 244597 Medical Supplies 535960 505583 30377 0 Therapy/Pharmacy & Other Contracted Services 3437097 3131651 305446 0 Food and Nutritional Supplements 916202 916202 0 0 Agreement in Perpetuity 217231 0 217231 0 213361 113161 100200 0 22016759 16658379 5320590 37790 3789805 3015059 8892768 9158322 2072529 1401059 424170 532321 552288 86764926 23264253 62386922 63500673 378940 279285 32471 78509926 77906686 1721387 1447077 7180889 7216396 29529624 28623024 4271025 4271025 36652547 37038329 79355472 78595851 X -848546 -729165 3000 40000 0 0 -845546 -689165 78509926 77906686 X 202299 0 0 0 0 -45918 X 0 1 X 1 0 X 2953 2500 36570 61103 496155 599281 22428647 22236855 21173624 21955449 21704122 109498697 22431600 22239355 21210194 22016552 22200277 110097978 110097978 19669 15775 19716 20103 18781 94044 19669 15775 19716 20103 18781 94044 22451269 22255130 21229910 22036655 22219058 110192022 0.99915 0.99888 0.00085 0.00112 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 2438257 2438257 0 66044687 18417578 47627109 0 6699704 2653362 4046342 0 6922792 2193313 4729479 0 4659486 0 4659486 63500673 0 Interest Rate Swap Liability 257113 Entrance Fee and Health Care Deposits 274396 Refundable Entrance Fees 36506820 37038329 X 22173140 0 0 0 -45918 -45918 22219058 0 0 0 22219058 22016759 0 0 0 0 0 22016759 0 0 0 22016759 Schedule D, Part X, Line 2 Income Taxes: The Village is exempt from income taxes on income from related activities under Section 501(c)(3) of the U.S. Internal Revenue Code and corresponding state law. Accordingly, no provision has been made for federal or state income taxes. Additionally, the Village has been determined not to be a private foundation under Section 509(a) of the Internal Revenue Code. U.S. GAAP requires that a tax position is recognized as a benefit only if it is "more likely than not" that the tax position would be sustained in a tax examination, with a tax examination being presumed to occur. The amount recognized is the largest amount of tax benefit that is greater than 50% likely of being realized on examination. For tax positions not meeting the "more likely than not" test, no tax benefit is recorded. Due to its tax-exempt status, the Village is not generally subject to U.S. federal income tax or state income tax. The Village's Form 990 has not been subject to examination by the Internal Revenue Service or the State of Pennsylvania for the last three years. The Village does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The Village recognizes interest and/or penalties related to income tax matters in income tax expense. The Village did not have any amounts accrued for interest and penalties at December 31, 2015 and 2014. Schedule D, Part XI, Line 2d unrealized loss on interest rate swap 0 0 0 0 0 0 0 0 0 Tracy Patton Exe VP 157645 0 12000 0 0 0 0 0 0 0 169645 0 0 Schedule J, Part I, Line 3 The Organization reviews an annual industry salary survey and compares the compensation levels paid per the survey to the Organization's pay rate. The next year's salaries are then approved by the general board during the annual budgetary meeting. A Northampton County Industrial Dev Authority 000000000 200605667 2006-09-01 33275000 construction of facility 0 0 0 A 0 0 33275000 0 0 0 628564 0 0 32646436 0 0 2008 0 0 1 1 A 0 0 0 0 0 0 0 1 0 1 A 0 0 0 0 0 0 0 0 1 Mike Guro Board of Director 238635 Insurance Agent to MVB 0 David Roth MVB CEO 66120 Partial Owner of MVB's Finance Office 0 William Matz MVB Board President 10550 Professional Legal Services provided to MVB 0 Mike Carr Board of Director 1327 Legal services provided to MVB 0 Dick Cipolleti Board Member 13750 Professional consulting services provided to MVB 0 Form 990, Part VI, Section B, Line 11b Form 990 is prepared by the Chief Financial Officer of the Moravian Village of Bethlehem. It is then released to the Board of Directors for review, comment and approval. If approved by the Board of Directors, the CFO files the return as final. Form 990, Part VI, Section B, Line 12c All board members are required to submit annually a conflict of interest survey. The surveys are submitted to the CFO who reviews for conflicts. If it is determined that there is a conflict, the conflict is reviewed by the executive board members. If it is determined by this committee that the conflict will impair the board member from acting impartially, the board member will be asked to rescind their position on the board. If it is determined that the conflict if minor, the Board member will be required to refrain from voting on any measure involving the conflict. Form 990, Part VI, Section B, Line 15 Compensation of all key employees is reviewed annually and set by the Board of Directors via the budgetary approval process. Compensation level is determined on the level of service the employee provides to the Organization. Compensation is set at a flat rate and is not based on level of revenues, nor do any employees share in a any excess revenues the Organization may have. Positions considered to be Key to the Organization is the Executive Vice President position. Form 990, Part VI, Section C, Line 19 MVB's Form 990 and Organizational documents are available upon request Form 990, Part XI, Line 9 Unrealized Loss on interest rate swap Bethlehem Area Moravians 561 East Market Street Bethlehem PA 18018 Management Services PA 501 (c) 3 1 N/A 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 Bethlehem Area Moravians p 170841 Payment of Interest on unsecured debt - by debt agreement Bethlehem Area Moravians l 217231 Agreement in perpetuity with Organization of the historic link between entities - By agreement Bethlehem Area Moravians l 135000 Management fees and consultant reimbursements based on contracted rates approved by the Board of Directors