2014-08-11T10:49:30-05:00 2013-12-31 020383073 WILLIAM STEELE & ASSOCIATES PC 40 STARK STREET MANCHESTER NH 03101 990 2013-01-01 043239593 YOUVILLE HOUSE INC YOUV 6174911234 1573 CAMBRIDGE STREET CAMBRIDGE MA 02138 JOANNE C PARSONS EXECUTIVE DIRECTOR 6174911234 2014-08-04 1 WILLIAM G STEELE JR CPA P00233103 6036228881 2013 2015-11-30 17:44:51Z JOANNE C PARSONS 1573 CAMBRIDGE STREET CAMBRIDGE MA 02138 6341533 0 X YOUVILLEHOUSE.ORG X 1997 MA WE ARE A COMMUNITY OF HOPE INSPIRED BY THE LIFE AND WORK OF SAINT MARGUERITE D'YOUVILE. IN HER SPIRIT WE COMMIT OURSELVES TO EXCELLENCE, RESPECT AND COMPASSION FOR ALL WE SERVE AND FOR ONE ANOTHER. 8 6 87 0 0 0 7110 2856 6149913 6211707 214647 126970 0 0 6371670 6341533 0 0 0 0 2760139 2910517 0 0 0 2879777 2510535 5639916 5421052 731754 920481 24103382 25418799 12269390 12116359 11833992 13302440 WE ARE A COMMUNITY OF HOPE INSPIRED BY THE LIFE AND WORK OF SAINT MARGUERITE D'YOUVILLE. IN HER SPIRIT WE COMMIT OURSELVES TO EXCELLENCE, RESPECT AND COMPASSION FOR ALL WE SERVE FOR ONE ANOTHER. 0 0 5347514 6211707 THE ORGANIZATION PROVIDED 35,495 DAYS OF RESIDENTIAL ASSISTED LIVING SERVICES TO THE ELDERLY FROM ALL ECONOMIC, RELIGIOUS AND ETHNIC BACKGROUNDS YOUVILLE HOUSE FOLLOWS THE METHODOLOGY THAT IS RECOMMENDED BY THE CATHOLIC HEALTH ASSOCIATION FOR CALCULATING THE COST OF SUPPORT FOR THE BROADER COMMUNITY. IN THE METHODOLOGY, THE COST OF PROVIDING SERVICES IS REDUCED BY PAYMENTS RECEIVED FOR SERVICES RESULTING IN A NET COST. IT IS THE NET COST OF PROGRAMS DIRECTED TO THE NEEDY COMPARED TO THE ACTUAL REIMBURSEMENT FOR THOSE SERVICES. 5347514 1 0 0 0 0 0 0 0 0 1 1 1 0 1 1 1 0 1 0 0 0 0 0 0 0 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 15 0 1 87 1 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X JOANNE C PARSONS EXECUTIVE DIRECTOR 6174911234 1573 CAMBRIDGE STREET CAMBRIDGE MA 02138 MICHAEL MCHUGHESQ CHAIR 3.00 X X 0 0 0 H WILLIAM ADAMS TREASURER/CLERK 1.00 X X 0 0 0 THOMAS GIBSON DIRECTOR 1.00 X 0 0 0 KENNETH FERRON DIRECTOR 1.00 39.00 X 0 293473 108650 JOSEPH CONNARTON DIRECTOR 1.00 X 0 0 0 CAROL FLYNN DIRECTOR 1.00 X 0 0 0 JOANNE C PARSONS PRESIDENT/CEO 20.00 20.00 X X 143634 0 32212 DANIEL C NELSON DIRECTOR 1.00 X 0 0 0 JOANNE SCIANNA CHIEF OPERATING OFFICER 20.00 20.00 X 0 115301 36000 JOHN COONEY SR. DIRECTOR OF FINANCE & SERVICES 20.00 20.00 X 104067 0 28262 DINAH OLANOFF SR. DIRECTOR OF MARKETING & COMMUNICATION 20.00 X 100856 0 3593 348557 408774 208717 3 0 1 0 BLUE CROSS BLUE SHIELD 401 PARK DRIVE BOSTON MA 02155 HEALTH AND DENTAL INSURANCE 332968 SPAULDING HOSPITAL CAMBRIDGE 1573 CAMBRIDGE STREET CAMBRIDGE MA 02138 UTILITY SERVICES 115550 THYSSENKRUPP ELEVATOR 665 CONCORD AVENUE CAMBRIDGE MA 02138 ELEVATOR CONTRACTOR SERVICE 105512 3 2856 2856 RESIDENT ROOM & BOARD 623000 6021646 6021646 OTHER RESIDENT SERVICE 623000 190061 190061 6211707 126970 126970 6341533 6211707 0 126970 161134 161134 2176980 2176980 59385 59385 327074 327074 185944 185944 64817 64817 2000 2000 6721 6721 33053 33053 77440 77440 312279 312279 4595 4595 413450 413450 692377 692377 42308 42308 OPERATING SUPPLIES 583322 583322 PURCHASE SERVICES 193347 193347 ALL OTHER MISCELLANEOUS 84826 84826 5421052 5347514 73538 0 1081032 987924 94792 32444 75519 72551 17212971 5818466 11756704 11394505 2949689 3462186 8145646 9469189 24103382 25418799 907526 720860 10730000 10705000 631864 690499 12269390 12116359 X 9167624 9832739 2077682 2881014 588686 588686 11833992 13302440 24103382 25418799 X 920481 324219 223748 X 0 1 X 1 0 X 5395 3960 7110 2856 19321 1466247 5818787 5994617 6149513 6211707 25640871 1466247 5824182 5998577 6156623 6214563 25660192 0 0 0 25660192 19179 85897 308376 214647 126970 755069 19179 85897 308376 214647 126970 755069 1485426 5910079 6306953 6371270 6341533 26415261 0.97140 0.97270 0.02860 0.02730 X 2666368 803332 3469700 2847139 -180771 2666368 3034785 -187646 2847139 3023949 10836 3034785 0.16970 0.83030 0 0 13401462 4742199 8659263 3631737 1076267 2555470 179772 179772 11394505 OTHER SECURITIES 3462186 C 3462186 DUE FROM AFFILIATES 607908 DEBT SERVICE SINKING FUND 37502 RESIDENT SECURITY DEPOSITS 449461 DEBT SERVICE INTEREST FUND 225140 BOND ISSUANCE COSTS 123266 BOARD DESIGNATED FUND 4208391 DONOR RESTRICTED FUNDS 3469701 ESCROW - ELEVATOR 347820 9469189 ORIGINAL BOND ISSUE DISCOUNT 92796 RESIDENT SECURITY DEPOSIT AND INTEREST 449461 DUE TO AFFILIATES 112257 DEFERRED REVENUE 35985 690499 X PART V, LINE 4: FUNDS ARE USED TO ASSIST RESIDENTS WHO HAVE DEPLETED THEIR AVAILABLE RESOURCES OR ARE OTHERWISE UNABLE TO PAY FOR SUCH SERVICES. PART X, LINE 2: INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS IS THE FOLLOWING "TAX EXEMPT ORGANIZATIONS COULD BE REQUIRED TO RECORD AN OBLIGATION FOR INCOME TAXES AS THE RESULT OF A TAX POSITION THEY HAVE HISTORICALLY TAKEN ON VARIOUS TAX EXPOSURE ITEMS INCLUDING UNRELATED BUSINESS INCOME OR TAX STATUS. THE SYSTEM HAS EVALUATED THE POSITIONS TAKEN ON ITS FILED TAX RETURNS, AND HAS CONCLUDED NO UNCERTAIN INCOME TAX POSITIONS EXIST AT DECEMBER 31, 2013." 1 X X X X X 0 0 0 0 0 0 0 0 0 KENNETH FERRON DIRECTOR 0 247200 0 0 0 46273 0 80685 0 27965 0 402123 0 0 JOANNE C PARSONS PRESIDENT/CEO 122134 0 21500 0 0 0 21774 0 10438 0 175846 0 0 0 JOANNE SCIANNA CHIEF OPERATING OFFICER 0 99060 0 16241 0 0 0 26049 0 9951 0 151301 0 0 PART I, LINE 3 EVERY TWO TO THREE YEARS THE COMPENSATION COMMITTEE OF THE COVENANT HEALTH SYSTEMS' BOARD OF DIRECTORS ENGAGES AN EXTERNAL CONSULTANT TO PROVIDE COMPETITIVE MARKET DATA FROM VARIOUS SURVEY SOURCES, WHICH IS USED TO DEVELOP RECOMMENDATIONS FOR CHANGES TO THE COMPENSATION PROGRAM. SINCE 2003 THE COMPENSATION COMMITTEE HAS ENGAGED MERCER HUMAN RESOURCES CONSULTING TO CONDUCT THIS ANALYSIS. THE SPECIFIC OBJECTIVES OF THE ANALYSIS ARE TO ASSESS THE COMPETITIVENESS OF THE CURRENT TOTAL CASH COMPENSATION LEVELS FOR THE SENIOR LEADERSHIP TEAM; DEVELOP MARKET COMPETITIVE SALARY RANGES FOR ALL EXECUTIVE POSITIONS AND ENSURE THAT THE ANNUAL INCENTICE OPPORTUNITIES, IF THERE ARE ANY, ARE COMPETITIVE AND REASONABLE. A MA HEALTH & EDUCATION AUTHORITY 042456011 57584QAA4 2012-06-27 10645000 REFUNDING PRIOR ISSUE,CAPITAL EQUIPMENT AND PROJECTS 1 0 0 A 10645000 339330 96746 10200000 348254 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 6 COVENANT HEALTH SYSTEMS IS THE SOLE MEMBER OF THE ORGANIZATION. AS SUCH IT RETAINS CERTAIN RESERVE RIGHTS CONCERNING CORPORATE DECISIONS AND BOARD COMPOSITION FORM 990, PART VI, SECTION A, LINE 7A COVENANT HEALTH SYSTEMS IS THE SOLE MEMBER OF THE ORGANIZATION. AS SUCH IT RETAINS CERTAIN RESERVE RIGHTS OVER CORPORATE DECISONS AND BOARD COMPOSITION. FORM 990, PART VI, SECTION A, LINE 7B COVENANT HEALTH SYSTEMS IS THE SOLE MEMBER OF THE ORGANIZATION. AS SUCH IT RETAINS CERTAIN RESERVE RIGHTS OVER CORPORATE DECISIONS AND BOARD COMPOSITION. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION PROVIDES THE FORM 990 TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARY DISTRIBUTES A CONFLICT OF INTEREST STATEMENT TO BOARD MEMBERS, EMPLOYEES AND OTHER PARTIES TO DETERMINE WHETHER THESE PARTIES HAVE A FINANCIAL OR OTHER INTEREST IN FIRMS IN WHICH THE ORGANIZATION HAS A BUSINESS RELATIONSHIP. THESE FORMS MUST BE SIGNED AND RETURNED TO THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 EVERY TWO TO THREE YEARS THE COMPENSATION COMMITTEE OF THE COVENANT HEALTH SYSTEM'S BOARD OF DIRECTORS ENGAGES AN EXTERNAL CONSULTANT TO PROVIDE COMPETITIVE MARKET DAATA FROM VARIOUS SURVEY SOURCES, WHICH IS USED TO DEVELOP RECOMMENDATIONS FOR CHANGES TO THE COMPENSATION PROGRAM. SINCE 2003, THE COMPENSATION COMMITTEE HAS ENGAGED MERCER HUMAN RESOURCES CONSULTING TO CONDUCT THIS ANALYSIS. OBJECTIVES ARE TO ASSESS THE COMPOSITENESS OF THE CURRENT TOTAL CASH COMPENSATION LEVELS OF THE SENIOR LEADERSHIP TEAM, DEVELOP MARKET BASED COMPETITIVE SALARY RANGES FOR ALL EXECUTIVE POSITIONS AND ENSURE THAT THE ANNUAL INCENTIVE OPPORTUNITIES, IF THERE ARE ANY, ARE COMPETITIVE AND REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORANIZATION PROVIDES FORM 990 AND ACCESS TO GOVENING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS TO THE PUBLIC UPON REQUEST. THE FORM 990 IS ALSO POSTED ON COVENANT HEALTH SYSTEMS' WEBSITE. FORM 990, PART XI, LINE 9: USE OF DONOR RESTRICTED FUNDS FOR BUILDING IMPROVEMENT -772,407. CHANGE IN TEMPORARILY RESTRICTED NET ASSETS 803,332. NET ASSETS RELEASED FROM RESTRICTION 192,823. COVENANT HEALTH SYSTEMS 100 AMES POND SUITE 102 TEWKSBURY MA 018761293 222484505 MANAGEMENT AND HEAL RESOURCE ORGANIZATION MA 501(C)3 501(A)2 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 DUE FROM AFFILIATE-COVENANT HEALTH SYSTEMS INC D 535507 ACCRUAL MEMBERSHIP FEE-COVENANT HEALTH SYSTEMS INC R 64817 ACCRUAL