2014-10-24T14:47:59-05:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 610 WGERMANTOWN PIKE STE400 PLYMOUTH MEETING PA 19462 990 2013-01-01 231352227 SIMPSON HOUSE INC SIMP 6106600112 150 MONUMENT ROAD NO 105 BALA CYNWYD PA 19004 JAMES J KONISZEWSKI CFO 6106600112 2014-10-23 1 JAMES D WATSON P01450300 2156433900 2013 2015-11-30 17:44:51Z KIM WILLIAMS 150 MONUMENT ROAD NO 105 BALA CYNWYD PA 19004 37062034 0 X WWW.SIMPSONHOUSE.ORG X 1865 PA SIMPSON HOUSE, INC. OPERATES A CONTINUING CARE RETIREMENT COMMUNITY. 10 9 331 400 0 0 510018 416833 18689368 18895068 456983 438001 30005 125880 19686374 19875782 0 0 0 0 11721092 12100522 0 0 0 8127380 8657535 19848472 20758057 -162098 -882275 33936138 35554063 8441212 10210834 25494926 25343229 X SIMPSON HOUSE IS DEDICATED TO MEETING THE NEEDS OF SENIORS IN THE COMMUNITY. THROUGH CAREFUL OVERSIGHT, WE STRIVE TO DELIVER THE HIGHEST QUALITY OF SERVICE WITH A SENSE OF WARMTH, FRIENDLINESS, INDIVIDUAL PRIDE AND INTEGRITY. WE ARE COMMITTED TO OFFERING OUR RESIDENTS AND STAFF OPPORTUNITIES FOR PERSONAL GROWTH AND SPIRITUAL ENRICHMENT. 0 0 17489581 19047085 SIMPSON HOUSE, INC. OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTHCARE AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF 119 RESIDENTIAL LIVING UNITS, 9 OF WHICH ARE DEDICATED TO DEMENTIA CARE, 57 PERSONAL CARE SUITES AND 154 SKILLED NURSING BEDS. 17489581 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 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 10 0 331 1 0 0 0 0 0 1 1 0 0 0 0 X 10 9 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X JAMES J KONISZEWSKI 6106600112 150 MONUMENT ROAD STE 105 BALA CYNWYD PA 19004 ROSEANN SMITH EXECUTIVE DIRECTOR 40.00 X X 125050 0 19088 MARY BAMFORD VICE CHAIR 1.00 1.00 X X 0 0 0 REV THOMAS ANDERMAN RESIDENT COUNCIL 1.00 1.00 X 0 0 0 REV ALFRED DAY SECRETARY/TREASURER 1.00 1.00 X X 0 0 0 SIGMUND B KAHN MD DIRECTOR 1.00 1.00 X 0 0 0 GILBERT ROWE DIRECTOR 1.00 1.00 X 0 0 0 KIM WILLIAMS CEO; RELATED ORGANIZATION 1.00 39.00 X X 0 308520 34242 MARK GOLDBERG CHAIR 1.00 1.00 X X 0 0 0 MARY MATTIONI DIRECTOR 1.00 1.00 X 0 0 0 LILLIAN GREENBERG DIRECTOR 1.00 1.00 X 0 0 0 JAMES KONISZEWSKI CFO; RELATED ORGANIZATION 1.00 39.00 X 0 232285 8922 TONI MCCLAY COO; RELATED ORGANIZATION 1.00 39.00 X 0 114561 3503 RICHARD COYLE NH ADMINISTRATOR 40.00 X 115583 0 1582 SUMATHY PRABHAKARAN NURSING SUPERVISOR 40.00 X 122855 0 19380 SUDHAKARAN GOPALAN HOUSE SUPERVISOR 40.00 X 107585 0 14228 471073 655366 100945 4 0 1 0 MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30368 DIETARY SERVICES 1315431 REHABCARE GROUP INC PO BOX 503534 ST LOUIS MO 63150 THERAPY SERVICES 914100 BROWN CRAIG TURNER PO BOX 507 BALTIMORE MD 21203 ENGINEERING 364179 MARTINO AND BINZER 29 WEST MAIN STREET AVON CT 06001 MARKETING SERVICES 297960 EVENTUS STRATEGIC PARTNERS LLC 1600 MARKET STREET PHILADELPHIA PA 19103 CONSTRUCTION 192347 7 84575 332258 416833 NET RESIDENT SRV REV 623000 18704418 18704418 AMORTIZATION OF ADVANCE FEES 623000 190650 190650 18895068 99462 99462 5451 0 5451 5451 5451 17498654 17160115 338539 338539 338539 0 84575 26137 -26137 -26137 MISCELLANEOUS 623000 119059 119059 FOOD SERVICE 623000 17616 17616 GIFT SHOP 623000 9891 9891 146566 19875782 18900519 0 558430 525351 525351 8860163 8860163 182231 182231 1802554 1802554 730223 730223 2094603 2094603 103978 103978 30393 30393 8825 8825 58449 58449 53300 53300 309481 262813 46668 869165 869165 41999 41999 19289 19289 41623 41623 1160189 1160189 242241 242241 THERAPY 1040857 1040857 RAW FOOD 828737 828737 BAD DEBT EXPENSE 619532 619532 NURSING SUPPLIES 561842 561842 573032 509245 63787 20758057 17489581 3268476 0 568050 812140 50278 62102 3906387 3954481 75298 86307 36537610 26004800 10130547 10532810 7387810 7644406 11817768 12461817 33936138 35554063 2001326 2483184 2225526 2406420 4037483 4950177 176877 167250 0 203803 8441212 10210834 X 14155735 12891470 152591 147963 11186600 12303796 25494926 25343229 33936138 35554063 X -882275 356820 373758 X X 0 1 X 1 0 X 711983 476345 454790 510018 416833 2569969 17554658 17958024 19405080 18689368 18895068 92502198 18266641 18434369 19859870 19199386 19311901 95072167 0 0 0 95072167 192234 285421 304890 456983 104913 1344441 192234 285421 304890 456983 104913 1344441 46923 20260 52140 51911 146566 317800 18505798 18740050 20216900 19708280 19563380 96734408 0.98280 0.96590 0.01390 0.01540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 350000 350000 26164154 18736430 7427724 10023456 7268370 2755086 10532810 DEFERRED FINANCING FEES 239397 BENEFICIAL INTEREST TRUST 6570135 DUE FROM RELATED PARTY 5596526 DEPOSITS 55759 12461817 ANNUITIES PAYABLE 203803 203803 X 20847763 356820 589024 945844 19901919 -26137 -26137 19875782 20784194 0 20784194 -26137 -26137 20758057 PART IV, LINE 2B: SIMPSON HOUSE RECEIVES FUNDS ON BEHALF OF SOME OF ITS RESIDENTS REPRESENTING RETIREMENT PAYMENTS, SSI AND OTHER BENEFITS. THE FUNDS ARE HELD IN SEPARATE ACCOUNTS AND ARE USED TO PAY THE RESIDENTS' PORTION OF THEIR MONTHLY ROOM AND BOARD, MONTHLY PERSONAL NEEDS AND INSURANCE COVERAGE. PART X, LINE 2: THE ORGANIZATION 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 THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE TAX RETURNS FOR THE YEARS 2010 TO 2012 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: VALUATION CHANGE 589,024. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS -26,137. PART XII, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENTS -26,137. FORM 990, SCHEDULE D, PART VI OTHER LAND, BUILDINGS, AND EQUIPMENT IS CONSTRUCTION IN PROCESS WHICH WILL NOT BE DEPRECIATED UNTIL THE ASSETS ARE PUT INTO USE. THE PROJECT IS IN THE PRELIMINARY DEVELOPMENTAL STAGES. EMBRACING LIFE DINNER 84575 84575 16151 9986 84575 84575 16151 9986 26137 -26137 X X X 0 1 0 0 0 0 0 0 0 KIM WILLIAMS CEO; RELATED ORGANIZATION 0 280498 0 19333 0 8689 0 15000 0 19242 0 342762 0 0 JAMES KONISZEWSKI CFO; RELATED ORGANIZATION 0 223016 0 0 0 9269 0 0 0 8922 0 241207 0 0 PART I, LINE 4B KIM WILLIAMS (CEO)- $15,000 A NARBETH BOROUGH INDUSTRIAL DEVELOPMENT AUTHORITY 233077385 2012-03-07 3410000 SIMPSON HOUSE PROJECT 0 0 0 A 370000 3410000 3326243 68200 15557 2024 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 1 A 1 PART II LINE 12 INTEREST AND COST TO BORROWER OF LOAN: $15,556.76 FORM 990, PART VI, SECTION A, LINE 2 GLORIA BORING IS THE EXECUTIVE DIRECTOR FOR SIMPSON HOUSE AND HER SON, ALEX BORING, ALSO WORKS FOR THE FACILITIY AS A MEDICAL SUPPLY MANAGER. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE CORPORATE MEMBER OF THE CORPORATION SHALL BE SIMPSON SENIOR SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER SHALL HAVE RESERVED POWERS TO APPOINT AND REMOVE ALL MEMBERS OF THE BOARD OF DIRECTORS AT ANY TIME OTHER THAN THE BISHOP. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER SHALL HAVE RESERVED POWERS TO APPOINT AND REMOVE ALL MEMBERS OF THE BOARD OF DIRECTORS AT ANY TIME OTHER THAN THE BISHOP, APPROVE ANY AMENDMENT TO THE ARTICLES OF INCORP. OR BY-LAWS, APPROVE ANNUAL CAPITAL BUDGET, APPROVE SALE, LEASE, OR TRANSFER OF ANY ASSETS, APPROVE INDEBTEDNESS GREATER THAN $50,000, AND APPROVE ANY MERGER, DISSOLUTION, ETC OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. ONCE APPROVED, THE FORM 990 IS SENT TO THE PRESIDENT AND CHIEF EXECUTIVE OFFICER FOR REVIEW AND APPROVAL. THE PRESIDENT AND CHIEF EXECUTIVE OFFICER WILL THEN FORWARD A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND MEMBERS OF THE BOARD ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. ALL SIGNIFICANT NEW CONTRACTS ARE SUBJECT TO BOARD APPROVAL. ONGOING CONTRACTS ARE REVIEWED FOR ANY KNOWN POTENTIAL CONFLICT OF INTEREST. IF A CONFLICT ARISES, LEVEL AT WHICH THE DETERMINATION OF A CONFLICT OF INTEREST EXISTS IS DETERMINED AT THE BOARD LEVEL. CONFLICTS OF INTERESTS ARE REVIEWED AT THE BOARD LEVEL. ANY INDIVIDUAL WITH A CONFLICT OF INTEREST IS ABSTAINED FROM BOARD DISCUSSIONS AND DECISIONS WHERE ANY CONFLICT WOULD BE PRESENT. FORM 990, PART VI, SECTION B, LINE 15 A SUB-COMMITTEE OF THE BOARD OF DIRECTORS WHICH IS APPOINTED BY THE BOARD CHAIR HAS THE SPECIFIC DUTY OF ANNUALLY EVALUATING THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER OF THE ORGANIZATION, INCLUDING DETERMINING HIS ANNUAL COMPENSATION. A COMPETENT SALARY SURVEY IS USED TO BENCHMARK COMPENSATION FOR THE POSITION UTILIZING PANPHA, AAHSA AND CEMO SALARY SURVEYS AND OTHER STUDIES. IN ADDITION, THE GUIDE STAR WEBSITE IS UTILIZED TO RESEARCH THE SALARY OF SIMILAR POSITIONS AT SIMILAR SIZED ORGANIZATIONS IN THE LOCAL MARKET AREA. THE CHIEF FINANCIAL OFFICER, CHIEF OPERATING OFFICER, AND THE EXECUTIVE DIRECTORS SALARIES OF EACH COMMUNITY ARE DETERMINED BY THE PRESIDENT & CEO OF SSS ON AN ANNUAL BASIS. THE PRESIDENT & CEO REVIEWS THE ANNUAL PERFORMANCE OF THESE INDIVIDUALS RELATIVE TO THEIR POSITION DESCRIPTIONS. THE OPERATING BUDGETS, INCLUDING SALARY INCREASES, OF EACH COMMUNITY ARE PRESENTED TO THE BOARD FOR THEIR APPROVAL ON AN ANNUAL BASIS. THE PROCESS WAS LAST UNDERTAKEN IN 2012. 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, PART XI, LINE 9: VALUATION CHANGE 589,024. PRIOR YEAR ADJUSTMENT DUE TO ACCOUNTING STANDARD UPDATE ASU 2012-01 -215,266. FORM 990, PART XII LINES 2C THE FINANCIAL STATEMENTS OF SIMPSON HOUSE, INC. WERE AUDITED BY INDEPENDENT AUDITORS ON A CONSOLIDATED BASIS WITH RELATED ORGANIZATIONS. ON LINE 2C, THE RELATED ORGANIZATIONS DO HAVE A COMMITTEE THAT ASSUMES RESPONSBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SIMPSON SENIOR SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948991 MANAGES AFFILIATES THAT PROVIDE RESIDENCE AND HEALTHCARE FOR THE ELDERLY PA 501(C)3 11B SIMPSON SENIOR SERVICES 0 SIMPSON MEADOWS 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948992 CCRC PROVIDING HEALTHCARE, HOUSING, AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 JENNER'S POND 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 231548106 CCRC PROVIDING HEALTHCARE, HOUSING, AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 THIRD CENTURY SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948457 PROVIDES SUPPORTIVE SERVICES TO FACILITIES PROVIDING CARE TO THE ELDERLY PA 501(C)3 11B SIMPSON SENIOR SERVICES 0 SIMPSON GLEN 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232960640 CCRC PROVIDING HEALTHCARE, HOUSING, AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 SIMPSON MID-TOWN 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 233089337 PROVIDES HOUSING FOR ELDERLY, LOW INCOME RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 SIMPSON HOUSE FOUNDATION 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232320545 RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE WORKS OF SIMPSON HOUSE, INC. PA 501(C)3 11B SIMPSON SENIOR SERVICES 0 NARBERTH ADULT CARE SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948458 PROVIDES ADULT DAY CARE SERVICES AND HEALTHCARE TO THE ELDERLY PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 SIMPSON FOUNDATION 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 454731794 CHARITABLE, LITERARY, SCIENTIFIC, RELIGIOUS & EDUC. PURPOSES FOR THE ELDERLY PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 SIMPSON GARDENS LP 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 412069202 REAL ESTATE RENTAL PROPERTY PA SIMPSON SENIOR SERVICES N/A 271350 3901912 0 1 1.00000 SIMPSON GARDENS HOUSING CORP 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 412069201 ECONOMIC DEVELOPMENT OF LOW INCOME HOUSING PA SIMPSON SENIOR SERVICES C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0