2015-07-28T16:52:30-05:00 2014-12-31 221478099 COHNREZNICK LLP 4 BECKER FARM ROAD ROSELAND NJ 07068 990 2014-01-01 210634536 MASONIC CHARITY FOUNDATION OF NEW JERSEY MASO 6092393900 902 JACKSONVILLE ROAD BURLINGTON NJ 08016 P GRIECO CPA DIR OF FINANCE 6092393914 2015-07-28 1 KIM BRANDLEY P00538270 9732283500 2014 2016-02-25 16:41:14Z JOSEPH T MEZZINA 902 JACKSONVILLE ROAD BURLINGTON NJ 08016 67388233 0 X WWW.NJMASONIC.ORG X 1898 NJ A NONPROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF RECEIVING, (SEE SCHEDULE O) MAINTAINING, AND ADMINISTERING ENDOWMENTS AND FUNDS EXCLUSIVELY FOR CHARITABLE, BENEVOLENT AND HEALTHCARE PURPOSES. LONG TERM NURSING CARE, RESIDENTIAL LIVING, AND HOSPICE SERVICES ARE PROVIDED. 15 15 689 1240 0 0 2369898 2652190 29639728 30159633 9259757 4633628 183227 118802 41452610 37564253 15750 47750 0 0 20617077 20669025 0 0 416002 20074704 20458453 40707531 41175228 745079 -3610975 159683665 159287822 52330983 59759045 107352682 99528777 X THE MASONIC CHARITY FOUNDATION OF NEW JERSEY (THE "FOUNDATION" OR "HOME"), INCORPORATED IN 1930, IS A NONPROFIT CORPORATION. THE FOUNDATION CONSISTS OF THREE SEPARATE FUNDS: THE MASONIC HOME ("HOME OPERATIONS"), MASONIC HOSPICE SERVICES ("HOSPICE") (SEE SCHEDULE O) AND THE CORPORATE FUND ("CORPORATE") WHICH MANAGES THE GENERAL OPERATIONS OF THE FOUNDATION INCLUDING RECEIVING, MAINTAINING AND ADMINISTERING ENDOWMENTS AND FUNDS EXCLUSIVELY FOR CHARITABLE, BENEVOLENT AND MEDICAL PURPOSES. 0 0 33734232 30243242 THE FOUNDATION PROVIDES RESIDENTIAL, HOSPICE, AND LONG-TERM NURSING CARE TO RESIDENTS. 47750 47750 EDUCATIONAL GRANTS AND SCHOLARSHIPS. THE FOUNDATION AWARDS HIGH SCHOOL GRADUATES OF NEW JERSEY EDUCATIONAL GRANTS THAT ARE FOR POST HIGH SCHOOL EDUCATION. THE FOUNDATION ALSO AWARDS VARIOUS GRANTS AND SCHOLARSHIPS. 9820 THE OUTREACH PROGRAM IS PROVIDED FOR MASONS AND THEIR FAMILIES WHO NEED FINANCIAL, LEGAL OR OTHER ASSISTANCE. SUBSTANCE ABUSE AND OTHER MISCELLANEOUS PROGRAMS TO HELP BOTH MASONS AND NON-MASONS IN NEED OF ASSISTANCE. 33791802 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 1 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 196 6 1 689 1 0 0 0 0 0 0 1 20 0 0 1 0 X 15 15 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X P GRIECO 6092393914 902 JACKSONVILLE ROAD BURLINGTON NJ 080163814 ANGELO A CAPRIO TRUSTEE 3.00 X 0 0 0 ANTHONY W MONTUORI VICE CHAIRMAN 5.00 X X 0 0 0 DAVID A DORWORTH OUTGOING CHAIR/TRUSTEE 3.00 X X 0 0 0 EDGAR M COSTER TRUSTEE 3.00 X 0 0 0 EDWARD R PETKEVIS ASST SECRETARY 5.00 X X 0 0 0 DIETER B HEES TRUSTEE 3.00 X 0 0 0 GERALD J SHARPE CHAIRMAN 5.00 X X 0 0 0 GREGORY J SCOTT TRUSTEE 3.00 X 0 0 0 GLENN R TRAUTMANN TRUSTEE 3.00 X 0 0 0 JOHN D MILADIN TREASURER 3.00 X X 0 0 0 JOSEPH T MEZZINA PRESIDENT 5.00 X X 0 0 0 KEITH A HERMAN TRUSTEE 3.00 X 0 0 0 RICHARD F SCHMIDT TRUSTEE 3.00 X 0 0 0 ROGER QUINTANA VICE PRESIDENT 5.00 X X 0 0 0 WALTER KAULFERS TRUSTEE 3.00 X 0 0 0 WILLIAM L MORRIS JR OUTGOING TRUSTEE 5.00 X 0 0 0 IAN P KORMAN SR DIR OF FIN (THRU 9/27/14) 40.00 X 104317 0 14417 BRENDEN D GAROZZO EXECUTIVE DIRECTOR THRU 3/31/14 40.00 X 0 0 0 ROBERT J SHERIDAN SECRETARY 3.00 X 0 0 0 P GRIECO DIRECTOR OF FINANCE 40.00 X 88266 0 9246 LEN WEISER EXECUTIVE DIRECTOR 40.00 X 0 0 0 CHERYL RAHILLY DIRECTOR OF NURSING 40.00 X 108167 0 4109 CHRISTOPHER S ABBOTT DIRECTOR OF DEVELOPMENT 40.00 X 118183 0 11078 CINDY A SHEMANSKY ASSIST EXEC DIR/ADMIN 40.00 X 131245 0 25774 JOSEPH FRANKEN HOSPICE ADMIN (THRU 12/26/14) 40.00 X 101047 0 31314 651225 0 95938 5 0 1 0 GENESIS REHABILITATION SERVICES 184 BETHLEHEM PIKE PHILADELPHIA PA 19118 REHABILITATION SERVICES 1386723 ASHLAR CREATIVE SOLUTIONS LLC ONE MASONIC DRIVE ELIZABETHTOWN PA 17022 MANAGEMENT SERVICES 1068586 PRINCETON SENIOR LIVING 13 ROSZEL ROAD C122 PRINCETON NJ 08540 MANAGEMENT SERVICES 548031 3 357018 2295172 24000 2652190 SERVICES FOR RESIDENTS NET OF CON 812900 30159633 30159633 30159633 1492135 1492135 4675 0 4675 4675 4675 32962532 29821039 3141493 3141493 3141493 33459 2941 30518 30518 CAFETERIA/VENDING 900099 59148 59148 MISCELLANEOUS INCOME 900099 21873 21873 GIFT SHOP 900099 2588 2588 83609 37564253 30243242 0 4668821 47750 47750 216246 184864 27685 3697 15719580 13421081 2010817 287682 357761 305336 45748 6677 3212747 2789641 417396 5710 1162691 993611 146900 22180 1204686 1204686 45431 45431 196113 196113 254058 254058 390444 175233 215211 64522 5327 59195 771897 490858 260646 20393 22256 22256 1812819 1812819 9835 914 7183 1738 23423 23423 2059184 2059184 3663028 3663028 1166005 3793 1162212 MEDICAL EXPENSE 2495042 2495042 HOSPICE 1722868 1722868 FOOD AND BEVERAGE 1555501 1555501 RESIDENT EXPENSE 1149756 1149756 1851585 915196 891887 44502 41175228 33791802 6967424 416002 5309716 1906765 851504 282190 1887708 2595227 407321 370000 155420 217869 525513 755062 148907011 72330698 70905864 76576313 52705765 52746050 14615128 15902794 12319726 7935552 159683665 159287822 8413994 14042408 41321700 36205818 402817 428940 7071988 2192472 2009891 52330983 59759045 X 86237742 77136320 6674230 7330964 14440710 15061493 107352682 99528777 159683665 159287822 X -3610975 -103724 -4109206 X X 0 1 X 1 0 X 6246285 4440569 3004264 2369898 2652190 18713206 6246285 4440569 3004264 2369898 2652190 18713206 3847220 14865986 1738257 2248660 1910409 1830329 1496810 9224465 410736 199760 176356 168245 117068 1072165 29009836 147854629 0.51240 0.57340 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2010 AMOUNT: $ 410,736. 2011 AMOUNT: $ 199,760. 2012 AMOUNT: $ 176,356. 2013 AMOUNT: $ 168,245. 2014 AMOUNT: $ 117,068. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 69685163 1209437 4177248 5911382 69160466 70485320 38540 7675803 8514500 69685163 73192061 1722938 1889321 6319000 70485320 76336978 597565 2351083 6093565 73192061 70153666 3486105 8725145 6027938 76336978 0.74700 0.21780 0.03520 0 0 5909617 5909617 112429527 53531544 58897983 1291833 1115289 176544 19918026 17559048 2358978 9358008 124817 9233191 76576313 MORTGAGE/ASSET-BACKED SECURITIES 160955 F ALTERNATIVE INVESTMENTS 15741839 F 15902794 DEFERRED GIFT PLANS SUPPORT 2009891 2009891 X 41761891 -103724 239065 4059356 4194697 37567194 -2941 -2941 37564253 41417234 239065 239065 41178169 -2941 -2941 41175228 PART IV, LINE 2B: THE FOUNDATION HOLDS ACCOUNTS AS CUSTODIAN FOR RESIDENTS AS REPORTED ON PART X, LINE 21 PART X, LINE 2: THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2014 AND 2013. THE FOUNDATION'S U.S. FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO CALENDAR YEARS 2011 AND 2010, RESPECTIVELY, ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 19,796. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS -44,721. PENSION COSTS 4,084,281. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAMING ACTIVITY -2,941. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAMING ACTIVITY -2,941. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 INVESTMENT 5109573 0 0 0 0 0 0 5109573 0 5109573 0 0 0 0 0 0 33459 2509 432 1 1.00000 33459 2509 432 2941 30518 NJ 1 0 1 0 0.50000 0.50000 P GRIECO CPA 902 JACKSONVILLE ROAD BURLINGTON NJ 08016 0 0 1 SCHOLARSHIPS 13 47750 X X 1 0 0 0 0 0 0 0 0 CINDY A SHEMANSKY ASSIST EXEC DIR/ADMIN 131245 0 0 0 0 0 4073 0 21701 0 157019 0 0 0 PART I, LINE 4A ONE OF THE INDIVIDUALS LISTED ON FORM 990 PART VII RECEIVED A SEVERANCE PAYMENT. THIS AMOUNT WAS APPROVED BY THE BOARD AND INCLUDED IN THE 2014 W-2. HOWEVER, DUE TO HAVING TOTAL COMPENSATION BELOW THE THRESHOLD, THIS INDIVIDUAL DOES NOT APPEAR ON SCHEDULE J, PART II. A PUBLIC FINANCE AUTHORITY SERIES A 2014-07-22 35750000 REFUNDING 0 0 0 B PUBLIC FINANCE AUTHORITY SERIES B 2014-07-22 897000 CAPITAL IMPROVEMENTS 0 0 0 A 441182 35750000 35750000 1 0 0 1 B 897000 363381 533619 0 0 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 1 0 0 0 1 A 1 B 1 SCHEDULE K, PART I, LINE B: THIS BOND IS A DRAW DOWN BOND. PER THE AGREEMENT BONDS CAN BE ISSUED UP TO $4,825,000. TO DATE ONLY $897,000 OF BONDS HAVE BEEN ISSUED THROUGH THIS AGREEMENT. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION PREVIOUSLY ENTERED INTO A MANAGEMENT CONTRACT WITH PRINCETON SENIOR LIVING. EFFECTIVE APRIL 1, 2014 THESE MANAGEMENT SERVICES WERE HANDLED BY ASHLAR CREATIVE SOLUTIONS, LLC. FORM 990, PART VI, SECTION A, LINE 6 THE PEOPLE WHO BELONG TO THIS ORGANIZATION ARE CONSIDERED MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS MAY ELECT THOSE MEMBERS WHO QUALIFY TO BE ON THE GOVERNING BODY OF THIS ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES POLICY ON CONFLICT OF INTEREST BY INFORMING BOARD MEMBERS TO REPORT ANY AND ALL CONFLICTS OF INTEREST THAT MAY IMPACT THE ORGANIZATION. EACH TRUSTEE SIGNS A CONFLICT OF INTEREST STATEMENT ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THERE IS AN EXECUTIVE COMPENSATION COMMITTEE TO DETERMINE OFFICERS' AND KEY EMPLOYEES' COMPENSATION. MEMBERS OF THE ORGANIZATION'S GOVERNING BOARD WILL THEN RATIFY THE RECOMMENDATION MADE BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 MASONIC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 19,796. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS -44,721. PENSION LIABILITY ADJUSTMENT -4,084,281. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT OVERSEES THESE RESPONSIBILITIES. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GRAND LODGE OF FREE & ACCEPTED MASONS OF NJ 100 BARRACK STREET TRENTON NJ 08608 210454866 FRATERNAL ORGANIZATION NJ 501(C)(10) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 GRAND LODGE OF NEW JERSEY S 357018 FMV