2015-06-11T12:29:40-07:00 2014-12-31 990 2014-01-01 233022262 MORAVIAN VILLAGE OF BETHLEHEM MORA 6106254885 526 Wood Street Bethlehem PA 18018 Daniel Soos Chief financial officer 6106254885 2015-05-21 2014 2016-02-25 16:41:14Z David Roth CEO 526 Wood Street Bethlehem PA 18018 22036655 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. 9 9 434 100 0 0 36570 61103 20795270 21560135 19716 20103 378354 395314 21229910 22036655 0 0 0 0 9003946 9605549 0 0 67285 11468172 11793359 20472118 21398908 757792 637747 78318127 78509926 79630445 79355472 -1312318 -845546 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 16360622 10000 21865680 Program costs incurred from the operation of a 118 bed health and rehab center,144 independent living apartment complex and 105 independent living cottages. 0 0 0 16360622 1 0 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 74 0 1 434 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X Moravian Village of Bethlehem 6106254885 526 Wood Street Bethlehem PA 18018 Dick Cipolleti Board Member 1 0 X 13770 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 0 0 0 Robert Begliomini Board Member 1 0 X 0 0 0 William Matz Esq Board President 1 0 X 36816 0 0 Carol Henn Board VP 1 0 X 0 0 0 Tracy Patton Exe VP 50 X 151680 0 0 202266 0 0 2 0 1 0 Capital Blue Cross po box 779516 Harrisburg PA 17177 employee medical insurance provider 905814 RehabCare Group PO Box 503534 St Louis MO 63150 Therapy Contractor 2092379 Hemmler & Cayamad Architects 409 Lackawanna Avenue Suite 400 4th floor Scranton PA 18503 Architect services for Phase II expansion 479681 Health Network Laboratories 2024 Lehigh Street Allentown PA 18103 Lab services 109477 Hamlyn Senior Marketing LLC 25 Chestnut Street Haddonfield NJ 08033 Marketing Firm 110970 6 0 0 0 0 0 61103 0 61103 Nursing Services 623000 13844027 13844027 0 0 Apartment Service Fees 623000 4562437 4562437 0 0 Cottage Fees 623000 1219171 1219171 0 0 Amortization/Termination of Entrance Fees 900099 1934500 1934500 0 0 0 0 0 0 21560135 20103 0 0 20103 0 0 0 0 0 0 0 0 0 0 0 0 0 Employee/Guest Meals 722210 203101 203101 0 0 Cable and TV Charges 900099 82968 82968 0 0 Misc Charges 900099 109245 109245 0 0 0 0 0 0 395314 22036655 21955449 0 20103 151680 151680 7879906 5820686 1991935 67285 671899 671899 902064 902064 2925 2925 53250 53250 123569 103448 20121 70464 32163 38301 2243140 1992800 250340 20294 7006 13288 1088176 1088176 2268942 2268942 231108 231108 Therapy/Pharmacy and other Contracted Services 3923799 3606544 317255 0 Food and Supplement Charges 829158 829158 0 0 Medical Supplies 481489 453879 27610 0 Agreement in Perpetuity 220141 0 220141 0 236904 157820 79084 0 21398908 16360622 4971001 67285 2645304 3789805 9957095 8892768 1557942 2072529 424170 512025 532321 83986585 21599663 62939655 62386922 481724 378940 224382 32471 78318127 78509926 1497051 1721387 7319168 7180889 30404924 29529624 4271025 4271025 36138277 36652547 79630445 79355472 X -1312318 -848546 0 3000 0 0 -1312318 -845546 78318127 78509926 X 637747 0 0 0 0 -170975 X 0 1 X 1 0 X 23400 2953 2500 36570 61103 126526 21744531 22428647 22236855 21173624 21955449 109539106 21767931 22431600 22239355 21210194 22016552 109665632 109665632 47648 19669 15775 19716 20103 122911 47648 19669 15775 19716 20103 122911 21815579 22451269 22255130 21229910 22036655 109788543 0.99888 0.99822 0.00112 0.00178 X 0 2438257 2438257 0 66032471 16755386 49277085 0 6157140 2320174 3836966 0 3429498 2524103 905395 0 5929219 0 5929219 62386922 0 Refundable Entrance Fees 36098008 Entrance Fee and Health Care Deposits 310873 Current Portion of Swap Liability 243666 36652547 X 21865680 0 0 0 -170975 -170975 22036655 0 0 0 22036655 21398908 0 0 0 0 0 21398908 0 0 0 21398908 Schedule D, Part X, Line 2 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, 2014 and 2013. Schedule D, Part XI, Line 2d unrealized loss on interest rate swap X X X 0 0 0 0 0 0 0 0 0 Tracy Patton Exe VP 141680 0 10000 0 0 0 0 0 0 0 151680 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 220141 Board Member is Partner in Insurance Broker who handles MVB's insurance 0 William Matz Board President 36816 MVB Legal Counsel 0 Mike Carr Board of Director 212 Legal Work 0 David Roth MVB CEO 56015 Partial owner of MVB's finance office building 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 at 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 agreements 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 220141 Agreement in perpetuity with Organization in recognition 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