2014-03-20T07:53:05-05:00 2013-06-30 232932984 PARENTEBEARD LLC 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2012-07-01 232083077 MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE AND SUBSIDIARIES MADL 2153711800 1425 HORSHAM ROAD NORTH WALES PA 19454 MARK T WASSERMAN 2153711800 2014-03-18 1 JULIUS GREEN CPA P00350393 2159720701 2012 2015-11-30 17:44:51Z CAROL A IRVINE 1425 HORSHAM ROAD NORTH WALES PA 19454 65269246 1 1 2436 X WWW.ABRAMSONCENTER.ORG X 1866 PA NURSING/PERSONAL CARE, SHORT- TERM REHAB, HOSPICE, HOME CARE, ADULT DAYCARE, COUNSELING & REFERRAL 118 115 734 413 0 0 4145653 3708338 43532694 45574741 2566626 2689584 701661 543406 50946634 52516069 24168 32994 0 0 28551897 29597838 0 0 943184 20789964 21919113 49366029 51549945 1580605 966124 122836904 123354192 61470913 57999107 61365991 65355085 X THE MISSION OF THE MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE IS TO ENHANCE THE QUALITY OF LIFE OF SENIORS BY PROVIDING EXCEPTIONAL CARE IN INNOVATIVE LIVING ENVIRONMENTS, ASSISTING FAMILY CAREGIVERS, AND BY ANSWERING IMPORTANT QUESTIONS ABOUT AGING THROUGH RESEARCH. WE ARE COMMITTED TO CONTINUING OUR HISTORIC ROLE IN SERVING THE JEWISH COMMUNITY AND TO OUR DISTINGUISHED HERITAGE OF HONORING OUR ELDERS. 0 0 47355597 32994 45574741 MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE AND SUBSIDIARIES ("THE CENTER"), PREVIOUSLY PHILADELPHIA GERIATRIC CENTER, IS A COMPREHENSIVE PROVIDER OF HEALTHCARE TO SENIORS. THE CENTER OFFERS A COORDINATED SYSTEM OF HEALTHCARE AND SOCIAL SERVICES FOR THE ELDERLY AND THEIR FAMILIES. THROUGHOUT THE AGING CYCLE, OUR WIDE RANGE OF SERVICES PROVIDE A CONTINUUM OF CARE IN A VARIETY OF SETTINGS, INCLUDING THE COMMUNITY AND THE INDIVIDUAL'S OWN HOME. THE CENTER PRIDES ITSELF ON THE INNOVATIVE PROGRAMS IT OFFERS AND ITS MISSION TO PROVIDE HEALTHCARE SERVICES TO SENIORS REGARDLESS OF THEIR ABILITY TO PAY. THE CENTER OPERATES 46 PERSONAL CARE UNITS, 2 INDEPENDENT LIVING UNITS, 324 SKILLED LONG-TERM AND TRANSITIONAL CARE NURSING BEDS, AN ADULT DAYCARE CENTER, A RESEARCH FACILITY, HOSPICE CARE, HOME HEALTH CARE, AND COMMUNITY BASED COUNSELING SERVICES.LOCATED ON A SUBURBAN CAMPUS IN HORSHAM TOWNSHIP, MONTGOMERY COUNTY, PA., THE CENTER OFFERS A BROAD ARRAY OF LIFE-AFFIRMING CULTURAL, EDUCATIONAL, AND RELIGIOUS ACTIVITIES WHICH HELP RESIDENTS REMAIN ENGAGED IN THE WORLD AROUND THEM. IN KEEPING WITH THE CENTER'S HISTORIC COMMITMENT TO SERVING THE ELDERLY OF LIMITED RESOURCES, 70 PERCENT OF THE MEN AND WOMEN RESIDING IN THE ABRAMSON RESIDENCE HAVE NO FINANCIAL MEANS AND RELY ON MEDICAL ASSISTANCE.SKILLED NURSING CARETHE 324-BED ABRAMSON RESIDENCE PROVIDES SKILLED NURSING CARE AND FEATURES ALL SINGLE-OCCUPANCY BEDROOMS, SMALL-SCALE RESIDENTIAL ENCLAVES, AND A RESIDENT-CENTERED MODEL OF CARE THAT NURTURES RESIDENTS' INDIVIDUAL, SPIRITUAL AND SOCIAL NEEDS. A BROAD ARRAY OF LIFE-AFFIRMING ACTIVITIES HELP RESIDENTS REMAIN ENGAGED IN THE WORLD AROUND THEM. ABUNDANT GREENERY AND LIVE-IN PETS CONTRIBUTE TO THE HOMEY ATMOSPHERE. KOSHER FOOD, ALONG WITH AN ONSITE SYNAGOGUE, AND A BROAD ARRAY OF JEWISH CULTURAL PROGRAMS AND HOLIDAY CELEBRATIONS, HELP TO CREATE A COMMUNITY WHERE OUR RESIDENTS FEEL AT HOME. IN FISCAL YEAR 2013, OVER 115,000 DAYS OF CARE WERE PROVIDED AT 97.6% OCCUPANCY. THE ABRAMSON CENTER CONTINUES ITS HISTORIC MISSION OF SERVING AS A SAFETY NET FOR ELDERLY JEWS NEEDING LONG-TERM CARE WHO ARE WITHOUT FINANCIAL MEANS. IN 2013 THE CENTER PROVIDED OVER 77,000 DAYS OF CARE FOR RESIDENTS WHO ARE ON MEDICAL ASSISTANCE (MEDICAID), INCLUDING MANY FROM DAY ONE OF CARE. HOWEVER, DECLINING MEDICAL ASSISTANCE REIMBURSEMENT DOES NOT COVER THE ACTUAL COST OF CARE, CAUSING THE CENTER TO STRUGGLE TO FILL AN EVER-INCREASING FUNDING GAP, WHICH IS OVER $4.5 MILLION.RESIDENTIAL LIVING WITH PERSONAL CAREMILDRED SHORE INN PROVIDED OVER 17,000 DAYS OF CARE IN 48 SPACIOUS STUDIO AND ONE-BEDROOM PERSONAL CARE APARTMENTS. RESIDENTS ENJOYED A RANGE OF ACTIVITIES OFFERED MORNING THROUGH EVENING, MEALS, HELP WITH EVERYDAY TASKS SUCH AS DRESSING AND BATHING, WELLNESS CHECKS, AND MEDICATION MANAGEMENT. OUR COMMUNITY IS ONE OF ONLY A FEW IN THE REGION TO PROVIDE KOSHER FOOD PREPARED ON SITE, A SYNAGOGUE, AND A BROAD ARRAY OF JEWISH CULTURAL PROGRAMS AND HOLIDAY CELEBRATIONS. RESIDENT CARE EXCEEDS THE STATE MANDATED REQUIREMENT. OUR BENEVOLENT CARE POLICY PROVIDES RENT SUBSIDIES TO RESIDENTS WHO HAVE OUTLIVED THEIR RESOURCES.HOSPICETHE ABRAMSON HOSPICE, LAUNCHED IN JANUARY 2008, IS A NONSECTARIAN PROGRAM SERVING SENIORS RESIDING ON THE CENTER'S CAMPUS AS WELL AS ADULTS LIVING IN THEIR OWN HOMES OR IN OTHER SENIOR COMMUNITIES, OR IN HOSPITALS. THE ABRAMSON HOSPICE SERVES PEOPLE WITH HIGH-QUALITY, MULTI-DISCIPLINARY HOSPICE SERVICES. WE ALSO PROVIDE BEREAVEMENT SERVICES TO THOSE IN NEED, EVEN IF THEY WERE NOT CLIENTS OF THE PROGRAM. AN IMPORTANT FEATURE THAT SETS THE ABRAMSON HOSPICE APART FROM OTHER HOSPICE PROGRAMS IS ITS MISSION TO PROVIDE SERVICES AND SPECIALLY TRAINED STAFF THAT ARE UNIQUELY INFORMED ABOUT AND SENSITIVE TO THE NEEDS OF JEWISH CLIENTS AND UNDERSTANDING OF JEWISH CULTURE, TRADITIONS, AND OBSERVANCES. HOWEVER, ABRAMSON HOME CARE HONORS THE RELIGIOUS PREFERENCES OF ALL CLIENTS. HOME CARE ABRAMSON HOME CARE WAS ESTABLISHED IN DECEMBER 2010 THROUGH THE ACQUISITION (ASSET PURCHASE) OF AN EXISTING HOME CARE AGENCY BASED IN ELKINS PARK, PA. WE HAVE MAINTAINED THE ELKINS PARK OFFICE FOR THE ADMINISTRATIVE ACTIVITIES OF THE HOME CARE LINE OF BUSINESS INCLUDING SCHEDULING AND BILLING. ABRAMSON HOME CARE IS A NONSECTARIAN PROGRAM SERVING SENIORS RESIDING IN THEIR OWN HOMES. ABRAMSON HOME CARE SERVES PEOPLE WITH HIGH-QUALITY CARE WITH A TEAM OF WELL-TRAINED STAFF INCLUDING REGISTERED NURSES (RN), LICENSED PRACTICAL NURSES (LPN), CERTIFIED NURSING ASSISTANTS (CNA), HOME HEALTH AIDES, PHYSICAL THERAPISTS, OCCUPATIONAL THERAPISTS, SPEECH THERAPISTS, SOCIAL WORKERS, DIETICIANS, HOMEMAKERS AND COMPANIONS. ABRAMSON HOME CARE OFFERS SERVICES TO MEDICARE PARTICIPANTS, MEDICAL ASSISTANCE PARTICIPANTS AND PRIVATE DUTY CARE. AN IMPORTANT FEATURE THAT DIFFERENTIATES ABRAMSON HOME CARE FROM OTHER HOME CARE AGENCIES IS ITS MISSION TO PROVIDE SERVICES AND SPECIALLY TRAINED STAFF THAT ARE UNIQUELY INFORMED ABOUT AND SENSITIVE TO THE NEEDS OF JEWISH CLIENTS AND UNDERSTANDING OF JEWISH CULTURE, TRADITIONS, AND OBSERVANCES. HOWEVER, ABRAMSON HOME CARE HONORS THE RELIGIOUS PREFERENCES OF ALL CLIENTS. 47355597 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 62 0 1 734 1 0 0 0 0 0 1 1 0 0 0 0 X 118 115 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 PA X MARK T WASSERMAN CFO 2153711800 1425 HORSHAM ROAD NORTH WALES PA 19454 MARJORIE ACTMAN 0.10 X 0 0 0 PAUL C ASTOR 0.10 X 0 0 0 DAVID AXELROD 0.10 X 0 0 0 SCOTT BARSKY 0.20 X 0 0 0 DONALD A BERG 0.10 X 0 0 0 JOHN BIRNHAK 0.10 X 0 0 0 MARK S BLASKEY 0.10 X 0 0 0 RAYMOND F BLATT 0.10 X 0 0 0 DANIEL BLEZNAK 0.10 X 0 0 0 BERNARD BORINE 0.10 X 0 0 0 BENNETT S BROAD 0.10 X 0 0 0 ANDREW BRONSTEIN 0.10 X 0 0 0 KATHY COHEN 0.10 X 0 0 0 IAN M COMISKY 0.10 X 0 0 0 BARRY COOPERBERG 0.10 X 0 0 0 HOWARD J DAVIS 0.20 X 0 0 0 KAREN SCHECTER DAYNO 0.10 X 0 0 0 JANE L DIAMOND 0.20 X 0 0 0 MELVIN DION 0.10 X 0 0 0 BERNARD P DISHLER 0.10 X 0 0 0 LORRAINE DROBNY 0.20 X X 0 0 0 GEOFFREY DUFFINE 0.10 X X 0 0 0 ELLEN B FARBER 0.10 X 0 0 0 MARC L FELGOISE 0.20 X X 0 0 0 PHYLLIS MALISSA FINKELSTEIN 0.10 X 0 0 0 RICHARD G FRANKEL 0.20 X 0 0 0 CISSIE VIZAK FRANTZ 0.10 X 0 0 0 LOUIS W FRYMAN 0.10 X 0 0 0 MARC HARRIS GINSBURG 0.10 X 0 0 0 MORRIS GOCIAL 0.20 X X 0 0 0 LEWIS H GOLD 0.10 X 0 0 0 HARVEY GOLDBERG 0.20 X 0 0 0 MITCHELL S GOLDENBERG 0.20 X 0 0 0 BRUCE GOLDSTEIN 0.10 X 0 0 0 BENNETT GOLDSTEIN 0.20 X 0 0 0 SANDI GOLDSTEIN 0.20 X 0 0 0 SAMUEL M GOLDSTEIN 0.20 X 0 0 0 BRUCE A GOODMAN 0.10 X 0 0 0 JEFFREY A GORDON 0.10 X 0 0 0 NEAL S GRABELL 0.10 X 0 0 0 JEROME HELLMANN 0.10 X 0 0 0 RICHELLE D HITTINGER 0.10 X 0 0 0 ARNOLD S HOFFMAN 0.20 X 0 0 0 DAVID HOROWITZ 0.20 X X 0 0 0 MALCOLM B JACOBSON 0.10 X 0 0 0 HYMAN KAHN 0.10 X 0 0 0 JACQUELINE P KANE 0.10 X 0 0 0 A RICHARD KENDALL 0.10 X 0 0 0 JORDAN M KENDALL 0.20 X 0 0 0 LEON KOPYT 0.10 X 0 0 0 KAREN B KRAMER 0.20 X 0 0 0 ARNOLD H KRAMER 0.20 X 0 0 0 MARTIN KREITHEN 0.20 X 0 0 0 MICHAEL H KREKSTEIN 0.10 X 0 0 0 RONALD P LASSIN 0.10 X 0 0 0 SETH J LEHR 0.20 X X 0 0 0 FRAN LEVIN 0.10 X 0 0 0 MARVIN LEVIN 0.10 X 0 0 0 JAY LEVITT 0.10 X 0 0 0 BARBARA M LINCOW 0.20 X X 0 0 0 BARRY J MAGARICK 0.10 X 0 0 0 JOSEPH M MANKO 0.10 X 0 0 0 GREGORY S MARX 0.10 X 0 0 0 STANLEY MERVES 0.10 X 0 0 0 JAMES M MEYER 0.20 X X 0 0 0 NEIL J MODEL 0.20 X X 0 0 0 JEROME B MUCHNICK 0.20 X 0 0 0 SUSAN PANITCH 0.10 X 0 0 0 RICHARD B PEARL 0.20 X 0 0 0 NEAL R PEARLSTINE 0.20 X 0 0 0 SHIRLEY G PEARLSTINE 0.20 X 0 0 0 RONALD P PERILSTEIN 0.20 X 0 0 0 WILLIAM PERILSTEIN 0.20 X 0 0 0 FRANK PODIETZ 0.10 X 0 0 0 LAWRENCE J POLLOCK 0.10 X 0 0 0 ARTHUR L POWELL 0.10 X 0 0 0 SAUL V REIBSTEIN 0.20 X X 0 0 0 LORI F REINER 0.20 X 0 0 0 MELVYN PAUL RICHTER 0.10 X 0 0 0 MARK HARRIS ROSENFELD 0.20 X 0 0 0 GARY B RUBIN 0.10 X 0 0 0 MITCHELL E RUSSELL 0.10 X 0 0 0 DAVID R SACKEY 0.20 X 0 0 0 CHRISTOPHER A SCHELL 0.20 X 0 0 0 RICHARD A SCHMELTZER 0.20 X 0 0 0 CARL W SCHNEIDER 0.20 X 0 0 0 WILLIAM SCHWARTZ 0.20 X 0 0 0 GERALD C SEGAL 0.20 X 0 0 0 BUBBLES SEIDENBERG 0.10 X 0 0 0 BARBARA SEIDENBERG 0.20 X 0 0 0 MURRAY H SHUSTERMAN 0.10 X 0 0 0 HARRIET SILBERMAN 0.10 X 0 0 0 STEWART SINGER 0.10 X 0 0 0 MURRAY SPAIN 0.10 X 0 0 0 LAURA B STEEL 0.10 X 0 0 0 IRVING N STEIN 0.10 X 0 0 0 S TY STEINBERG 0.10 X 0 0 0 MICHAEL B STEINBERG 0.20 X X 0 0 0 J BRETT STUDNER 0.10 X 0 0 0 HARRY D TOBEN 0.10 X 0 0 0 MARTIN L TRICHON 0.10 X 0 0 0 DOROTHY WASSERMAN 0.10 X 0 0 0 SANDRA WEISS 0.10 X 0 0 0 MINDY BETH WEXLER 0.20 X X 0 0 0 CONSTANCE WILF 0.10 X 0 0 0 FRED H WOLFSON 0.20 X 0 0 0 MICHELLE YELLIN 0.10 X 0 0 0 JOSEPH M YOHLIN 0.20 X X 0 0 0 NORMAN P ZARWIN 0.10 X 0 0 0 LAIKEE ZELITCH 0.10 X 0 0 0 NINA GOLDFARB 4.00 X 0 0 0 CAROL A IRVINE 39.90 0.10 X X 495709 0 8526 ROBERT H GORDON 40.00 X X 215749 0 11475 LUISA R CONTREIRAS 0.10 X 0 0 0 DAVID R CUTLER 0.10 X 0 0 0 HOWARD A CUTLER 0.10 X 0 0 0 LARRY TARGON 0.10 X 0 0 0 BETH G REISBOARD 0.10 X 0 0 0 MARK T WASSERMAN 39.70 0.30 X 200984 0 19258 VALERIE G PALMIERI 40.00 X 212887 0 16591 STACI WARSAW 40.00 X 130568 0 670 KAREN BALDWIN 40.00 X 152160 0 4870 ANDREA ADELMAN 40.00 X 241737 0 4148 MEREBITH FEHER 40.00 X 112808 0 3637 1762602 0 69175 8 0 1 0 MORRISON MANAGEMENT SPECIALISTS 5801 PEACHTREE DUNWOODY ROAD ATLANTA GA 30342 DIETARY SERVICES 3848136 REHAB CARE GROUP INC 7733 FORSYTH BLVD SUITE 1700 ST LOUIS MO 63105 REHABILITATION SERVICES 2028320 PROFESSIONAL SERVICES - HOUSEKEEPING 955 CHESTERBROOK BLVD SUITE 300 WAYNE PA 19087 HOUSEKEEPING & LAUNDRY SERVICES 1870132 CONTRACT PHARMACY SERVICES 125 TITUS AVE WARRINGTON PA 18976 PHARMACEUTICAL SERVICES 632694 JH GREEN & SONS INC PO BOX 720 GREEN LANE PA 18054 CONSTRUCTION CONTRACTOR 391622 10 172082 726022 228620 2581614 10638 3708338 NET RESIDENT/PATIENT REV 623000 43720758 43720758 PA NURSING HOME ASSESSMENT 623000 1808834 1808834 ADULT DAYCARE CENTER 623000 45149 45149 45574741 1497391 1497391 33163 15353 17810 17810 17810 13568252 12376059 1192193 1192193 1192193 81930 726022 361765 -279835 -279835 RESIDENT PERSONAL NEEDS 812900 624384 624384 CAFE/MEALS REVENUE 722210 136877 136877 ADMIN SERVICES REVENUE 900099 20051 20051 24119 24119 805431 52516069 45574741 0 3232990 X 32994 32994 1728659 592549 885098 251012 22170402 20877116 975405 317881 461341 441728 6892 12721 3554222 3383410 139814 30998 1683214 1548933 100020 34261 59925 16435 43043 447 65496 65496 1861 1861 222586 222586 9934910 9567011 205861 162038 196138 47264 142345 6529 744961 669818 72105 3038 976602 934602 42000 137468 119566 9732 8170 43980 31010 11161 1809 1924581 1924581 3304460 3304460 323935 323935 MEDICAL SUPPLIES 1752294 1752294 PA NURSING HOME ASSESSM 811637 811637 RESIDENT PERSONAL NEEDS 667601 667601 MAINTENANCE & REPAIRS 252844 252773 50 21 497834 55880 327695 114259 51549945 47355597 3251164 943184 5800 5800 2628814 2513018 1861706 1394959 6239104 7349980 11133 7063 86919 82243 951664 434524 85522849 30355355 55852833 55167494 52832771 53625736 1289357 1219734 223869 217619 852934 1336022 122836904 123354192 4870968 4726103 714338 832019 47250000 46070000 8635607 6370985 61470913 57999107 X 55680849 59842944 3749615 3479270 1935527 2032871 61365991 65355085 122836904 123354192 X 966124 749308 2273662 X 0 1 X 1 0 X 5083842 6014835 3876394 4145653 3708338 22829062 38118102 38940825 41557383 43532694 45574741 207723745 43201944 44955660 45433777 47678347 49283079 230552807 616682 312141 1526756 1430082 1630087 5515748 0 616682 312141 1526756 1430082 1630087 5515748 225037059 1796032 1429033 1506326 1649648 1530554 7911593 1796032 1429033 1506326 1649648 1530554 7911593 597366 658990 915429 994858 889417 4056060 45595342 47043683 47855532 50322853 51703050 242520460 0.92790 0.92830 0.03260 0.03500 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2008 AMOUNT: $ 21,131. 2009 AMOUNT: $ 68,156. 2010 AMOUNT: $ 49,752. 2011 AMOUNT: $ 4,007. 2012 AMOUNT: $ 18,174. CAFE/MEALS REVENUE - 2008 AMOUNT: $ 164,309. 2009 AMOUNT: $ 181,857. 2010 AMOUNT: $ 184,990. 2011 AMOUNT: $ 200,482. 2012 AMOUNT: $ 136,877. RESIDENT PERSONAL NEEDS - 2008 AMOUNT: $ 411,926. 2009 AMOUNT: $ 408,977. 2010 AMOUNT: $ 586,840. 2011 AMOUNT: $ 689,221. 2012 AMOUNT: $ 624,384. FUNDRAISING RECEIPTS - 2010 AMOUNT: $ 93,847. 2011 AMOUNT: $ 83,805. 2012 AMOUNT: $ 81,930. VENDING MACHINE - 2011 AMOUNT: $ 8,011. 2012 AMOUNT: $ 8,001. GUEST SERVICES - 2011 AMOUNT: $ 9,332. ADMIN SERVICES - 2012 AMOUNT: $ 20,051. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 1861 1861 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: THE MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE PAYS DUES TO LEADINGAGE PA (FORMERLY PANPHA) AND LEADINGAGE (FORMERLY AAHSA). A PORTION OF THE DUES PAID TO THE ORGANIZATIONS ARE ALLOCABLE TO LOBBYING EXPENSES. THE TOTAL AMOUNT OF DUES PAID TO LEADINGAGE PA AND LEADINGAGE IN 2012 THAT WERE ALLOCABLE TO LOBBYING WERE $1,437 AND $424, RESPECTIVELY. 0 158282 3598353 -3606181 150455 0 8346275 414009 905503 334659 9331128 7738537 1058178 -42654 407786 8346275 6208772 577697 1318968 366900 7738537 5707120 366344 772810 637502 6208772 7096623 456917 -1235331 611089 5707120 0.60740 0.20580 0.18680 1 0 6253089 6253089 64034206 19608095 44426111 975 455 520 13965618 10585285 3380333 1268961 161520 1107441 55167494 ACCRUED WORKERS COMPENSATION 535934 DERIVATIVE FINANCIAL INSTRUMENT, INTEREST RATE SWAP AGREEMENT 5784761 CAPITAL LEASE OBLIGATIONS 50290 6370985 X 55356974 749308 1937065 2686373 52670601 222586 -377118 -154532 52516069 51367880 382678 382678 50985202 222586 342157 564743 51549945 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ENDOWMENT FUND ASSURES THE CONTINUITY OF THE CENTER'S MISSION TO CARE FOR THE ELDERLY FOR GENERATIONS TO COME AND IS MAINTAINED ACCORDING TO NATIONALLY ACCEPTED ENDOWMENT PRINCIPLES CONCERNING GROWTH, SPENDING, AND MANAGEMENT. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE CENTER ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2013 AND 2012. THE CENTER'S FEDERAL RETURNS OF ORGANIZATION EXEMPT FROM INCOME TAX FOR THE YEARS ENDED JUNE 30, 2012, 2011, AND 2010 REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 2,217,568. CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 66,221. CHANGE IN VALUE OF PLEDGES RECEIVABLE -4,567. LOSS ON REFINANCING -342,157. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES -361,765. RENTAL EXPENSE -15,353. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 361,765. RENTAL EXPENSE 15,353. UNCOLLETIBLE PLEDGES 5,560. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON REFINANCING 342,157. RAINBOW BALL 716436 639961 76475 10000 234074 14700 77603 GOLF OUTING 91516 86061 5455 2000 4484 9680 6182 3042 807952 726022 81930 2000 4484 19680 240256 14700 80645 361765 -279835 1 RESPITE CARE AND THE PROVISION OF SHORT-TERM, TEMPORARY RELIEF TO PERSONS CARING FOR FAMILY MEMBERS WHO MIGHT OTHERWISE REQUIRE PERMANENT PLACEMENT IN A FACILITY OTHER THAN IN THEIR HOME. 7 32994 N/A PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE SPENDING OF THE GRANT FUNDS THAT THE ORGANIZATION RECEIVES ARE CLOSELY MONITORED. THE DEPARTMENT COORDINATOR AND SOCIAL WORKER DETERMINE THE NEEDS AND SERVICES REQUIRED. A MONTHLY REIMBURSEMENT FOR RESPITE CARE PER INDIVIDUAL IS THEN ESTABLISHED. EACH MONTH THE CAREGIVERS AND VENDORS SUBMIT INVOICES OR RECEIPTS FOR REIMBURSEMENT. THE DEPARTMENT COORDINATOR REVIEWS DOCUMENTS FOR ACCURACY AND CONFIRMS THE AMOUNT THAT IS BEING REIMBURSED FOR EACH PROGRAM PARTICIPANT. THE COORDINATOR THEN COMPLETES AND SUBMITS PAPERWORK TO THE DIRECTOR OF THE DEPARTMENT FOR APPROVAL FOR PAYMENT. ON A MONTHLY BASIS, THE GRANTS ADMINISTRATOR RECONCILES THE ACCOUNTS AND CONFIRMS THAT THE CHARGES ARE CORRECT FOR THE GRANT AND THAT THE GRANT IS NOT OVERSPENT FOR THE GRANT PERIOD. X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 CAROL A IRVINE 387647 0 108062 0 0 0 7500 0 1026 0 504235 0 0 0 ROBERT H GORDON 215749 0 0 0 0 0 6627 0 4848 0 227224 0 0 0 MARK T WASSERMAN 175157 0 25827 0 0 0 4078 0 15180 0 220242 0 0 0 VALERIE G PALMIERI 179786 0 33101 0 0 0 5551 0 11040 0 229478 0 0 0 KAREN BALDWIN 132311 0 19849 0 0 0 3994 0 876 0 157030 0 0 0 ANDREA ADELMAN 211136 0 30601 0 0 0 3098 0 1050 0 245885 0 0 0 PART I, LINE 1A THE ORGANIZATION PROVIDES PRESIDENT & CEO CAROL IRVINE WITH A DISCRETIONARY SPENDING ACCOUNT FOR AUTOMOBILE EXPENSES, WHICH IS INCLUDED IN COMPENSATION. CAROL IRVINE RECEIVES A TAX GROSS-UP PAYMENT FOR HER DISCRETIONARY AUTOMOBILE ALLOWANCE. THE ORGANIZATION ALSO PROVIDES GROSS-UP PAYMENTS RELATED TO LTD PREMIUMS TO THE FOLLOWING INDIVIDUALS: CAROL IRVINE AND KAREN BALDWIN. PART I, LINE 7 OFFICERS ARE AWARDED BONUSES BASED ON SPECIFIC CRITERIA ESTABLISHED AT THE BEGINNING OF THE FISCAL YEAR. THESE BONUSES ARE BASED ON SPECIFIC QUALITATIVE AND QUANTITATIVE GOALS AND ARE NOT PAID IF THESE CRITERIA ARE NOT MET. A COLORADO EDUCATIONAL AND CULTURAL FACILITIES AUTHORITY 840896727 2013-04-01 46070000 TO REFINANCE PRIOR ISSUE 0 0 0 A 46070000 46070000 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 1 1 PNC BANK 29.250000000000 0 0 0 0 1 A 1 MODEL CONSULTING INC BOARD MEMBER NEIL MODEL IS THE OWNER OF MODEL CONSULTING, INC. 120242 MODEL CONSULTING, INC. PROVIDES BENEFITS ADMINISTRATION SERVICES. COMMISSIONS WERE EARNED FOR PROVIDING SERVICES TO THE ORGANIZATION. 0 SCHEDULE L, PART IV BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS THE ORGANIZATION FOLLOWS A CONFLICT OF INTEREST POLICY, AND ALL TRANSACTIONS ARE CONDUCTED AT ARM'S LENGTH. FORM 990, PART VI, SECTION A, LINE 1 THE ORGANIZATION ALSO HAS HONORARY TRUSTEES. THESE HONORARY TRUSTEES HAVE LIMITED VOTING RIGHTS AND ARE CONSEQUENTLY NOT LISTED ON PART VII. THE HONORARY TRUSTEES MAY ONLY VOTE ON THE FOLLOWING ISSUES: 1. ELECTION OR REMOVAL OF MEMBERS OF THE CORPORATION; 2. ELECTION OR REMOVAL OF OFFICERS, TRUSTEES OR HONORARY TRUSTEES OF THE CORPORATION; 3. THE PURCHASE, SALE, PLEDGE, LEASE OR EXCHANGE BY THE CORPORATION, OTHER THAN THE ORDINARY COURSE OF BUSINESS, OF PROPERTY AND ASSETS AT A COST EQUIVALENT TO OR GREATER THAN TWENTY PERCENT (20) OF THE NET WORTH OF THE CORPORATION AS REFLECTED ON THE BALANCE SHEET MOST RECENT TO THE DATE OF SUCH PURCHASE; 4.THE MERGER, CONSOLIDATION OR OTHER BUSINESS COMBINATION INVOLVING THE CORPORATION AND ANY OTHER CORPORATION, PROFIT OR NOT-FOR-PROFIT, OR ENTITY; 5. THE ADOPTION OF ANY PLAN OR PROPOSAL FOR THE LIQUIDATION OR DISSOLUTION OF THE CORPORATION; 6. THE ADOPTION, ALTERATION, AMENDMENT OR REPEAL OF BY LAWS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS HAVE FAMILY RELATIONSHIPS: PAUL ASTOR - GARY BLUMENTHAL (SON IN LAW) CISSIE FRANTZ - MARC ROSENBERG (SON IN LAW) CISSIE FRANTZ - MARVIN LEVIN (BROTHER) SHIRLEY PEARLSTINE - BRUCE GOODMAN (SON) SHIRLEY PEARLSTINE - MINDY WEXLER (DAUGHTER) SHIRLEY PEARLSTINE - CISSIE FRANTZ (COUSINS) SHIRLEY PEARLSTINE - MARVIN LEVIN (COUSINS) MINDY WEXLER - BRUCE GOODMAN (SIBLINGS) LEONARD ABRAMSON - MADLYN ABRAMSON (WIFE) LEONARD ABRAMSON - RICHARD WOLFSON (SON IN LAW) LEONARD ABRAMSON - MARC FELGOISE (SON IN LAW) ARNOLD KRAMER - KAREN KRAMER (DAUGHTER IN LAW) JEROME MUCHNICK - MINDY WEXLER (COUSINS) S. TY STEINBERG - MICHAEL STEINBERG (SON) PETER SPAIN - MURRAY SPAIN (FATHER) FRED WOLFSON - CAROL SUMMERS (SISTER) MICHAEL SILVERBERG - KAREN SILVERBERG (WIFE) JEFF LICHT - BARRY ABRAMSON (UNCLE) WILLIAM SCHWARTZ - MARTIN BRAIT (BROTHER IN LAW) GEORGE MANSTEIN - CARL MANSTEIN (SON) ELAYNE BLEZNAK - DANIEL BLEZNAK (SON) ROBERT FORD - NANCY FORD GROSSMAN (DAUGHTER) PHYLLIS GITLIN - AMY GITLIN (DAUGHTER) BENNETT GOLDSTEIN - BRUCE GOLDSTEIN (SON) ELAINE S. LEIBOWITZ - STEPHEN R. LEIBOWITZ (SON) STANLEY GINSBURG - MARC H. GINSBURG (SON) BARBARA SEIDENBERG - BUBBLES SEIDENBERG (MOTHER IN LAW) CHRIS SCHELL - PHYLLIS FINKELSTEIN (MOTHER IN LAW) JACQUELINE KANE - LARRY POLLOCK (FATHER) NEAL R. PEARLSTINE - SHIRLEY PEARLSTINE (STEP MOTHER) MINDY WEXLER - NEAL R. PEARLSTINE (BROTHER IN LAW) BRUCE GOODMAN - NEAL R. PEARLSTINE (BROTHER IN LAW) MELVYN P. RICHTER - MARTIN KREITHEN (COUSINS) WILLIAM PERILSTEIN - RONALD PERILSTEIN (SON) J. ROBERT BIRNHAK - JOHN BIRNHAK (SON) BARBARA LINCOW - NINA GOLDFARB (SISTERS) MINDY WEXLER - MARVIN LEVIN (UNCLE) BRUCE GOODMAN - MARVIN LEVIN (UNCLE) MINDY WEXLER - CISSIE FRANTZ (AUNT) BRUCE GOODMAN - CISSIE FRANTZ (AUNT) FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CEO AND IS THEN DISSEMINATED TO TRUSTEES AND OFFICERS FOR REVIEW AND APPROVAL PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C 1. THE CORPORATION RECOGNIZES THAT THE SKILLS, TALENTS AND RELATIONSHIPS OF ITS OFFICERS AND MEMBERS OF ITS BOARD OF TRUSTEES ARE AMONG ITS RICHEST ASSETS. THE CORPORATION ALSO IS AWARE THAT ACQUIRING GOODS OR SERVICES FROM, OR ENGAGING IN TRANSACTIONS WITH, ITS OFFICERS, TRUSTEES (AS USED IN THIS ARTICLE XII, ALL REFERENCES TO TRUSTEES SHALL BE DEEMED TO INCLUDE HONORARY TRUSTEES), MEMBERS OF THEIR FAMILIES OR ENTITIES IN WHICH THEY HAVE A FINANCIAL INTEREST OR WITH WHICH THEY ARE AFFILIATED (COLLECTIVELY SUCH PERSONS AND ENTITIES ARE REFERRED TO AS INTERESTED PARTIES) MAY CREATE AN APPEARANCE OF IMPROPRIETY. IN ORDER TO PROTECT THE CORPORATION AGAINST ANY IMPROPER APPEARANCE, THE CORPORATION WILL RESTRICT ITS BUSINESS DEALINGS WITH INTERESTED PARTIES AS FOLLOWS: 2. THE CORPORATION MAY ACQUIRE GOODS OR SERVICES FROM, OR OTHERWISE TRANSACT BUSINESS WITH, AN INTERESTED PARTY IF THE BOARD DETERMINES IN ITS JUDGMENT THAT THE GOODS OR SERVICES PROVIDED TO THE CORPORATION ARE, OR THE TRANSACTION IS, ON TERMS NO LESS ADVANTAGEOUS TO THE CORPORATION THAN THE TERMS AVAILABLE TO THE CORPORATION FROM THIRD PARTIES. MOREOVER, THE CORPORATION ANTICIPATES THAT ANY SUCH ACQUISITION MAY BE ON TERMS THAT ARE MORE ADVANTAGEOUS TO THE CORPORATION THAN THOSE GENERALLY EXTENDED BY THIRD PARTIES. IF AN INTERESTED PARTY OFFERS TERMS WHICH ARE AS ADVANTAGEOUS TO THE CORPORATION AS TERMS OFFERED BY ANOTHER VENDOR, THE CORPORATION MAY, BUT SHALL NOT BE REQUIRED TO, CONSIDER OTHER BENEFITS DERIVED BY IT FROM THE INTERESTED PARTY (E.G., PAST OR ANTICIPATED SERVICES RENDERED OR FINANCIAL SUPPORT) IN SELECTING BETWEEN OTHERWISE EQUALLY DESIRABLE VENDORS. 3. WHENEVER THE CORPORATION IS CONSIDERING ACQUIRING GOODS OR SERVICES FROM, OR ENTERING INTO A TRANSACTION WITH, AN INTERESTED PARTY, THE DETAILS THAT CREATE THE INTERESTED PARTY RELATIONSHIP SHALL BE DISCLOSED TO, THE CORPORATION IN WRITING. A COPY OF THE DISCLOSURE SHALL BE SUPPLIED TO THE CONFLICT OF INTEREST COMMITTEE (THE COMMITTEE) REFERRED TO BELOW. 4. THE CORPORATION SHALL ENTER INTO A TRANSACTION WITH AN INTERESTED PARTY (AN INTERESTED PARTY TRANSACTION) ONLY IF EITHER THE BOARD OF TRUSTEES (THE MAJORITY THEN SERVING) OR THE COMMITTEE (THE MAJORITY THEN SERVING) IS MADE AWARE OF THE INFORMATION REFERRED TO IN SUBSECTION 2 AND APPROVES THE TRANSACTION AS BEING FAIR TO AND IN THE BEST INTERESTS OF THE CORPORATION. ADDITIONALLY, THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES IN GRANTING THE APPROVAL CONTEMPLATED BY THIS PARAGRAPH. FOR PURPOSES OF THE PRECEDING TWO SENTENCES, ANY TRUSTEE, EXECUTIVE COMMITTEE MEMBER OR COMMITTEE MEMBER WHO IS (OR HAS AN INTEREST IN OR IS RELATED TO) THE EXECUTIVE COMMITTEE MEMBER OR COMMITTEE MEMBER THEN SERVING (INCLUDING, WITHOUT LIMITATION, FOR THE PURPOSE OF DETERMINING A QUORUM), SHALL NOT PARTICIPATE IN THE VOTE ON THE TRANSACTION AND SHALL NOT ATTEND THE MEETING WHILE APPROVAL OF THE TRANSACTION IS CONSIDERED. NOTWITHSTANDING THE FOREGOING, HOWEVER, PRIOR APPROVAL OF THE BOARD OF TRUSTEES OR THE COMMITTEE SHALL NOT BE REQUIRED IF (A) EMERGENCY CIRCUMSTANCES MAKE SUCH APPROVAL IMPRACTICAL (IN WHICH EVENT THE TRANSACTION SHALL BE REPORTED TO THE BOARD OF TRUSTEES PROMPTLY AFTER FACT), OR (B) IF THE TRANSACTION FALLS BELOW A DE MINIMIS THRESHOLD ESTABLISHED BY THE BOARD OF TRUSTEES OR THE COMMITTEE. 5. THE BOARD SHALL CREATE A STANDING CONFLICT OF INTEREST COMMITTEE (THE COMMITTEE) CONSISTING OF MEMBERS OF THE BOARD TO WHICH THE BOARD DELEGATES RESPONSIBILITIES TO: A. DEVELOP PROCEDURES AND GUIDELINES (COLLECTIVELY CALLED POLICIES) REGARDING INTERESTED PARTY TRANSACTIONS. SUCH POLICIES SHALL BE REPORTED TO THE BOARD OF TRUSTEES. POLICIES ADOPTED BY THE COMMITTEE SHALL BE BINDING UPON THE CORPORATION UNLESS DISAPPROVED BY THE BOARD OF TRUSTEES; B. MONITOR TRANSACTIONS WITH INTERESTED PARTIES; C. MAKE SUCH RECOMMENDATIONS AS IT MAY DEEM APPROPRIATE FROM TIME TO TIME FOR ACTIONS TO BE TAKEN BY THE EXECUTIVE COMMITTEE OR THE BOARD OF TRUSTEES WITH RESPECT TO INTERESTED PARTY TRANSACTIONS; D. INTERPRET THIS ARTICLE OF THE BY LAWS; E. ESTABLISH SUCH CRITERIA AS IT MAY DEEM APPROPRIATE FOR DE MINIMIS TRANSACTIONS THAT NEED NOT BE APPROVED HEREUNDER; AND F. REPORT AT LEAST ONCE IN EACH CALENDAR YEAR TO THE BOARD OF TRUSTEES ON THE ACTIVITIES. POLICIES OF CONFLICT OF INTEREST COMMITTEE OF THE ABRAMSON CENTER APPROVED BY THE BOARD OF TRUSTEES MAY 11, 2011 THE CONFLICT OF INTEREST COMMITTEE OF THE ABRAMSON CENTER FOR JEWISH LIFE HEREBY ADOPTS THE FOLLOWING POLICIES PURSUANT TO ARTICLE XII, SECTION 5(A) OF THE CORPORATION'S BYLAWS. THE COMMITTEE WILL GENERALLY APPROVE AN INTERESTED PERSON RELATIONSHIP ONLY IF IT IS MORE ADVANTAGEOUS TO THE CENTER THAN IS OTHERWISE AVAILABLE FROM THIRD PARTIES IN THE COMMITTEE'S JUDGMENT, CONSIDERING PRICE AND ALL OTHER RELEVANT ASPECTS OF VALUE. SUPPLEMENTING BUT NOT LIMITING THE PROVISION OF THE BYLAWS, AN "INTERESTED PARTY" SHALL INCLUDE "FAMILY MEMBERS" OF AN INDIVIDUAL. FAMILY MEMBERS SHALL INCLUDE ONLY AN INDIVIDUAL'S SPOUSE, ANCESTORS (PARENTS, GRANDPARENTS, ETC.), BROTHERS AND SISTERS (WHETHER WHOLE OR HALF BLOOD), CHILDREN (WHETHER NATURAL OR ADOPTED), GRANDCHILDREN, GREAT-GRANDCHILDREN, AND SPOUSES OF BROTHERS, SISTERS, CHILDREN, GRANDCHILDREN, AND GREAT-GRANDCHILDREN. "INTERESTED PARTY" SHALL ALSO INCLUDE ANY ENTITY IN WHICH AN INDIVIDUAL AND HIS OR HER FAMILY MEMBERS TOGETHER HOLD AN EQUITY INTEREST OF 35% OR MORE. BEFORE A PERSON IS NOMINATED AS TRUSTEE OR HONORARY TRUSTEE, REASONABLE EFFORTS SHOULD BE MADE TO DETERMINE IF THE PERSON'S ELECTION WILL CREATE AN INTERESTED PARTY RELATIONSHIP. AMONG OTHER STEPS, THE PROSPECTIVE NOMINEE SHOULD BE REQUESTED TO REVIEW THE LIST OF THE CENTER'S VENDORS AND DISCLOSE ANY CONNECTION HE OR SHE HAS WITH ANY VENDOR OTHER THAN A CUSTOMER IN THE ORDINARY COURSE OF BUSINESS. IF THE POTENTIAL NOMINEE'S ELECTION WOULD CREATE AN INTERESTED PARTY RELATIONSHIP, THE PERSON SHOULD BE ENCOURAGED TO SUPPORT THE CENTER BY JOINING A COMMITTEE OR PARTICIPATING IN PROJECTS AS A VOLUNTEER BUT NOT BECOME A BOARD MEMBER. IF, NONETHELESS, IT APPEARS APPROPRIATE TO NOMINATE THE PERSON AS A BOARD MEMBER, THE PREFERENCE SHOULD BE TO NOMINATE HIM OR HER AS AN HONORARY TRUSTEE RATHER THAN A TRUSTEE. IN NO EVENT SHOULD A PERSON BE NOMINATED AFTER THE DATE OF THE ADOPTION OF THIS POLICY TO SERVE AS A TRUSTEE IF THE ANNUAL AMOUNT OF THE CENTER'S PAYMENTS TO THE RELATED ENTITY HAVE EXCEEDED OR ARE EXPECTED TO EXCEED $50,000; PROVIDED THAT STANDING TRUSTEES SHALL NOT BE BARRED FROM CONTINUING TO SERVE AS A TRUSTEE OR HONORARY TRUSTEE. BEFORE AN INTERESTED PARTY RELATIONSHIP IS APPROVED BY THE COMMITTEE, THE STAFF MEMBER OR COMMITTEE PROPOSING THE RELATIONSHIP SHALL ADVISE THE COMMITTEE IN WRITING OF THE REASON(S) FOR THE RECOMMENDATION, ANY ALTERNATIVES CONSIDERED AND THE DUE DILIGENCE USED TO DETERMINE THE RELEVANT FACTS. IF AN INTERESTED PARTY RELATIONSHIP IS APPROVED, THE CENTER SHALL CONDUCT A REQUEST FOR PROPOSAL (RFP) FOR ALTERNATIVE VENDORS FOR THE GOODS OR SERVICES INVOLVED AT LEAST ONCE EVERY TWO YEARS WHENEVER PRACTICAL. THE COMMITTEE RECOGNIZES THAT THERE MAY BE CIRCUMSTANCES WHERE CHANGING VENDORS ON THIS CYCLE IS IMPRACTICAL - E.G. WHERE COUNSEL IS ENGAGED TO REPRESENT THE CENTER IN A LITIGATION WHICH IS NOT CONCLUDED WITHIN TWO YEARS, AND IT WOULD BE INEFFICIENT AND IMPRACTICAL TO CHANGE COUNSEL DURING THE COURSE OF THE LITIGATION. A RELATIONSHIP SHALL NOT BE CONSIDERED AN INTERESTED PARTY RELATIONSHIP IF THE FOLLOWING CRITERIA ARE MET: (1) AN INTERESTED PARTY IS AN EMPLOYEE OF A PUBLICLY OWNED COMPANY (INCLUDING ITS DIRECT OR INDIRECT SUBSIDIARIES), OR A LARGE NON-PROFIT ENTITY SUCH AS A HOSPITAL SYSTEM OR BLUE CROSS AFFILIATE, THAT HAS TRANSACTIONS WITH THE CENTER (THE "VENDOR"), BUT IS NOT A DIRECTOR, OFFICER, TRUSTEE OR HOLDER OF A SIMILAR POSITION WITH THE VENDOR OR ITS RELEVANT BUSINESS UNIT; (2) THE INTERESTED PARTY DOES NOT PARTICIPATE IN CREATING OR SUPERVISING THE VENDOR'S RELATIONSHIP WITH THE CENTER AND RECEIVES NO COMPENSATION RELATING TO OR MEASURED BY SUCH RELATIONSHIP, AND (3) THE RELATIONSHIP WITH THE CENTER PROVIDES AND IS EXPECTED TO PROVIDE LESS THAN 1% OF THE VENDOR'S ANNUAL REVENUE. NOTWITHSTANDING THE FOREGOING, IF THE COMMITTEE BECOMES AWARE OF SUCH A RELATIONSHIP, THE COMMITTEE'S RECORDS SHALL NOTE THE RELEVANT INFORMATION. ALL INTERESTED PARTIES WITH WHOM RELATIONSHIPS ARE APPROVED SHALL BE ADVISED OF THE CENTER'S BYLAWS AND POLICIES RELATING TO INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR OFFICERS AND TOP MANAGEMENT OF THE ORGANIZATION IS ESTABLISHED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. MINUTES OF THE COMPENSATION COMMITTEE MEETINGS ARE MAINTAINED. COMPARABILITY DATA IS EMPLOYED AT THE TIME OF HIRE. CONTEMPORANEOUS DOCUMENTATION OF THE COMMITTEE'S DELIBERATION AND DECISION IS MAINTAINED FOR THE CEO POSITION. FOR OTHER KEY EMPLOYEES THE CENTER USES COMPARABILITY DATA TO DETERMINE COMPENSATION. 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. OTHER FEES FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 9,567,011. MANAGEMENT AND GENERAL EXPENSES 205,861. FUNDRAISING EXPENSES 162,038. TOTAL EXPENSES 9,934,910. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PLEDGES RECEIVABLE -4,567. CHANGE IN VALUE OF BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 66,221. CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 2,217,568. UNCOLLECTIBLE PLEDGES -5,560. ABRAMSON AT HOME LLC 1425 HORSHAM ROAD NORTH WALES PA 19454 271312333 HOME HEALTH & GERIATRIC CARE PA MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE MADLYN & LEONARD ABRAMSON CENTER FOR JEWISH LIFE WORKERS' COMPENSATION TRUS 1425 HORSHAM ROAD NORTH WALES PA 194541320 232717561 PROVIDE WORKERS' COMPENSATION BENEFITS PA 501(C)(3) LINE 11A, I N/A 0 FMS ABRAMSON LLC 1425 HORSHAM ROAD NORTH WALES PA 19454 461918102 DIALYSIS SVC AND RELATED CARE PA N/A UNRELATED INCOME 93705 0 0 0.24500 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0