2014-11-17T15:30:09-06:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 610 WGERMANTOWN PIKE STE400 PLYMOUTH MEETING PA 19462 990 2013-01-01 232090256 MARTINS RUN MART 6103537660 11 MARTINS RUN MEDIA PA 19063 LINDA STERTHOUS CHIEF EXECUTIVE OFFICER 6103537660 2014-11-17 1 JAMES D WATSON P01450300 2156433900 2013 2015-11-30 17:44:51Z MARTINS RUN LINDA STERTHOUS 11 MARTINS RUN MEDIA PA 19063 15645651 0 X WWW.MARTINSRUN.ORG X 1978 PA TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY 21 21 279 53 4807 0 241235 265858 14517190 14032680 281283 134412 344324 401001 15384032 14833951 0 78620 0 0 7236586 6479442 26000 16197 16197 9576067 9618168 16838653 16192427 -1454621 -1358476 23999909 23325619 24066934 26287715 -67025 -2962096 X MARTINS RUN OFFERS INDEPENDENT LIVING APARTMENTS, PERSONAL CARE, AND SKILLED NURSING CARE THAT FOSTER SENIORS' INDEPENDENCE, DIGNITY, AND WELLBEING. CHARITABLE SUPPORT HELPS US TO ENHANCE OUR RESIDENTS' QUALITY OF LIFE BY ENABLING US TO PROVIDE: ENHANCED CULTURAL, EDUCATIONAL, AND RECREATIONAL PROGRAMS THAT KEEP OUR RESIDENTS ACTIVE AND ENGAGED; NEW TECHNOLOGY THAT IMPROVES THE QUALITY OF CARE AND RESIDENT LIFE; AND UPDATED CAMPUS FACILITIES.THE GENEROSITY OF OUR DONORS ALSO MAKES IT POSSIBLE FOR US TO PROVIDE FINANCIAL ASSISTANCE TO RESIDENTS WHO HAVE OUTLIVED THEIR RESOURCES, THUS ENABLING THEM TO REMAIN IN OUR COMMUNITY. IT ALSO HELPS US BRIDGE THE GAP BETWEEN REIMBURSEMENT AND THE COST OF CARE FOR OUR RESIDENTS RECEIVING SKILLED NURSING CARE WHO DEPEND ON MEDICAL ASSISTANCE. AS A COMMUNITY WITH A 33-YEAR HISTORY OF SERVING JEWISH ELDERS, WE ALSO WELCOME AND SERVE PEOPLE OF ALL FAITH TRADITIONS. 0 0 12495149 78620 14032680 SENIOR HOUSING, HEALTH CARE AND RELATED SERVICES PROVIDED THROUGH THE OPERATIONS OF A 60 BED SKILLED NURSING HOME, 30 BED PERSONAL CARE UNIT AND 168 INDEPENDENT LIVING UNITS. WITH A MISSION TO ENRICH THE LIVES OF ITS RESIDENTS THROUGH A FOCUS ON THE WHOLE PERSON - MIND, BODY AND SPIRIT. 12495149 1 1 0 0 0 0 0 1 1 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 26 0 279 1 1 1 0 0 0 0 1 1 0 0 0 0 X 21 21 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X MICHAEL MCGLONE CFO 6103537660 11 MARTINS RUN MEDIA PA 19063 LENORE H FORSTED ESQ BOARD CHAIR/PAST CHAIR 4.00 0.00 X X 0 0 0 DAVID BRAWER AIA BOARD VICE CHAIR 2.00 0.00 X X 0 0 0 PETER BODENHEIMER TRUSTEE 1.00 1.00 X 0 0 0 SUSANNE SPINELL SHUSTER CPAMST TRUSTEE 1.00 0.00 X 0 0 0 M HOWARD VIGDERMAN TRUSTEE / ASSISTANT TREASURER 2.00 0.00 X X 0 0 0 BETH ROTHSCHILD CHAIR ELECT / BOARD CHAIR 2.00 0.00 X X 0 0 0 DR PHILIP BENDITT SECRETARY / VICE CHAIR 2.00 0.00 X X 0 0 0 ETHEL HAMBURGER TRUSTEE 1.00 0.00 X 0 0 0 SADIE HOFSTEIN TRUSTEE 1.00 0.00 X 0 0 0 MADELEIN KESSLER BOARD VICE CHAIR 2.00 0.00 X X 0 0 0 JORDAN KLEAR TRUSTEE 1.00 0.00 X 0 0 0 WILLIAM D LUTERMAN TRUSTEE 1.00 0.00 X 0 0 0 BLANCHE REDNOR TRUSTEE 1.00 0.00 X 0 0 0 ELLEN BERGER REUBEN TRUSTEE 1.00 0.00 X 0 0 0 DAVID P RITTENBERG TREASURER 2.00 0.00 X X 0 0 0 ELLIOT ROSEN TRUSTEE 1.00 0.00 X 0 0 0 RICHARD THAL TRUSTEE 1.00 0.00 X 0 0 0 BARBARA WALD TRUSTEE 1.00 0.00 X 0 0 0 CAROLYN S GOLDMAN ASST TREASURER / VICE CHAIR 2.00 0.00 X X 0 0 0 BARBARA BREE SHAAB TRUSTEE 1.00 0.00 X 0 0 0 SHEILA SCHNEIDER TRUSTEE / ASST SECRETARY 2.00 0.00 X X 0 0 0 ANN DANISH ASST SECRETARY / SECRETARY 2.00 1.00 X X 0 0 0 JOHN DI BATTISTA TRUSTEE 1.00 0.00 X 0 0 0 BARRY FABIUS MD CMD FACP TRUSTEE 1.00 0.00 X 0 0 0 CAROLE M FELTON TRUSTEE 1.00 0.00 X 0 0 0 LONNIE KLEIN TRUSTEE 1.00 0.00 X 0 0 0 LINDA STERTHOUS C.E.O. 40.00 1.00 X 169740 0 7320 STEVEN WISNIEWSKI CFO (THROUGH 09/2013) 40.00 1.00 X 105329 0 14503 LORRAINE DELLAFRANCO SR VP MARKETING & SALES 40.00 0.00 X 143636 0 7320 MICHAEL MCGLONE CFO (BEGINNING 09/2013) 40.00 1.00 X 78113 0 0 496818 0 29143 3 0 1 0 MORRISON MGM SPECIALIST PO BOX 102289 ATLANTA GA 303682289 FOOD SERVICE 1678859 SELECT REHABILITATION PO BOX 809056 CHICAGO IL 606809056 HEALTHCARE PROVIDER 773071 UR NEW HOME LLX PO BOX 401 SWARTHMORE PA 19081 APARTMENT RENOVATIONS/CAPITAL IMPROVEMEN 730574 BOYD-TAMNEY-CROSS INC 994 OLD EAGLE SCHOOL ROAD SUITE 10 WAYNE PA 19087 MARKETING/SALES CONSULTANT 334049 CONTRACT PHARMACY SERVICES 125 TITUS AVENUE WARRINGTON PA 18976 PHARMACY SERVICES 128049 6 138976 126882 265858 NET RESIDENT SERVICE REVENUES 623000 4975443 4975443 INDEPENDENT LIVING UNIT 623000 4941213 4941213 AMORTIZATION OF ENTRANCE FEES 623000 2690132 2690132 PERSONAL CARE REVENUE 623000 1425892 1425892 14032680 99234 99234 15574 923 14651 14651 14651 798862 763684 35178 35178 35178 0 138976 25268 -25268 -25268 26632 21825 4807 4807 MEALS INCOME-GUESTS 900099 212421 212421 MISCELLANEOUS INCOME 900099 194390 194390 406811 14833951 14032680 4807 530606 X 78620 78620 525961 525961 4599823 4387197 212626 114529 97538 16991 1239129 1055302 183827 45537 45537 48000 48000 16197 16197 2153592 1991840 161752 736548 736548 2144661 843730 1300931 881489 881489 272041 272041 1700080 1700080 176867 176867 FOOD 914957 914957 544396 544396 16192427 12495149 3681081 16197 161410 313385 3017610 2946603 1950190 1639335 53468 53468 479774 408835 36145847 20133894 16641777 16011953 1609850 1890733 85830 61307 23999909 23325619 1971326 2070771 14428674 15808214 1046530 1985937 6605050 6404269 15354 18524 24066934 26287715 X -1087180 -4047727 842347 907823 177808 177808 -67025 -2962096 23999909 23325619 X -1358476 294641 -1831236 X X 0 1 X 1 0 X 253957 367768 530555 258572 265858 1676710 13909816 13782129 14047921 14517190 14032680 70289736 14163773 14149897 14578476 14775762 14298538 71966446 65891 147022 334821 72525 40000 660259 0 65891 147022 334821 72525 40000 660259 71306187 76692 138313 139759 296883 114808 766455 76692 138313 139759 296883 114808 766455 4807 4807 264866 321076 384965 348171 406811 1725889 14505331 14609286 15103200 15420816 14824964 74463597 0.95760 0.96070 0.01030 0.01050 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: GUEST MEALS AND ANCILLARY INCOME OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X SPECIAL SERVICES 0 0 1 X 332256 59158 78998 312416 389205 55475 112424 332256 417275 18120 46190 389205 412739 42500 37964 417275 356243 185390 128894 412739 0.00000 0.56000 0.44000 0 0 1331563 1331563 29455482 16016820 13438662 4580394 3962892 617502 778408 154182 624226 16011953 CHARITABLE GIFT ANNUITIES 12924 CURRENT PORTION GIFT ANNUITY 5600 18524 X PART III, LINE 4: MARTINS RUN HAS BEEN LOANED, INDEFINITELY, TORAH SCROLLS FROM THE HOLOCAUST. THESE SCROLLS WERE PROTECTED DURING WORLD WAR II AND SUBSEQUENTLY BEEN MADE KOSHER. THE SCROLLS ARE USED FOR SPECIAL SERVICES TO CONNECT THE RESIDENTS WITH THEIR HISTORY. PART IV, LINE 2B: APPLICANTS FOR AN INDEPENDENT LIVING UNIT ARE REQUIRED TO MAKE A REFUNDABLE DEPOSIT OF $1,000 FOR AN INDIVIDUAL, AND $1,500 FOR A COUPLE, WHEN THE APPLICATION IS FILED. PART V, LINE 4: TO FUND RESIDENTS WHO HAVE RUN OUT OF FUNDS PART X, LINE 2: MARTINS RUN IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501 (C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501 (A) OF THE INTERNAL REVENUE CODE. 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 MARTINS RUN'S FINANCIAL STATEMENTS. MARTINS RUN'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. MARTINS RUN IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. MARTINS RUN 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, LOCAL, AND STATE AUTHORITIES. X X X X X X X 1 SHELLEY BENEDICT CONSULTING LLC 152 HIGHLAND CIRCLE BALA CYNWYD PA 19004 FUNDRAISING CONSULTATION 0 32123 16197 15926 32123 16197 15926 PA LEADERSHIP AWARD 99180 99180 2500 249 4650 600 10552 WALK-A-THON 39796 39796 200 6517 138976 138976 2500 249 4650 800 17069 25268 -25268 1 RESIDENT ASSISTANCE FUND 5 78620 PART I, LINE 2: MARTINS RUN MAINTAINS A RESIDENT ASSISTANCE RESTRICTED FUND. CONTRIBUTIONS MADE TO THE FUND ARE USED TO PAY MONTHLY FEES FOR ELIGIBLE RESIDENTS. ELIGIBILITY MUST BE FORMALLY APPROVED PRIOR TO DISBURSEMENT. X X X 0 0 0 0 0 0 0 0 0 LINDA STERTHOUS C.E.O. 169740 0 0 0 0 0 0 0 7320 0 177060 0 0 0 LORRAINE DELLAFRANCO SR VP MARKETING & SALES 143636 0 0 0 0 0 0 0 7320 0 150956 0 0 0 FORM 990, PART VI, SECTION A, LINE 1 THE BOARD OF TRUSTEES MAY DELEGATE FROM TIME TO TIME CERTAIN POWERS TO THE CHAIR AND EXECUTIVE COMMITTEE AS MAY BE NEEDED OR AS MAY BE REQUIRED TO TRANSACT BUSINESS ON BEHALF OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 4 MARTINS RUN HAS AMENDED SECTION 4.1 OF ITS BYLAWS TO THE FOLLOWING: SECTION 4.1. AN ELECTED TRUSTEE SHALL BE A PERSON SELECTED FROM THE GENERAL COMMUNITY WHO CAN CONTRIBUTE TOWARDS THE GROWTH, DEVELOPMENT AND WELL-BEING OF THE CORPORATION. ELECTED TRUSTEES INCLUDE PUBLIC TRUSTEES AND OFFICER TRUSTEES. (A) THE NUMBER OF TRUSTEES SHALL CONSIST OF NO FEWER THAN 15 NOR MORE THAN 21 ELECTED TRUSTEES AND NOT MORE THAN FOUR RESIDENT TRUSTEES ELECTED BY THE RESIDENT'S ASSOCIATION, ONE OF WHOM SHALL BE THE DULY ELECTED PRESIDENT OF THE RESIDENT'S ASSOCIATION. (B) EACH PUBLIC TRUSTEE SHALL SERVE AS FOLLOWS: AN INITIAL TERM OF ONE YEAR. AFTER GOOD SERVICE AND RE-NOMINATION BY THE NOMINATING COMMITTEE, THE TRUSTEE MAY BE DESIGNATED AND ELECTED FOR A TWO-YEAR TERM. AT THE CONCLUSION OF THE TWO-YEAR TERM, THE TRUSTEE MAY BE NOMINATED FOR TWO ADDITIONAL THREE-YEAR TERMS AND ELECTED THERETO. AT THE END OF NINE YEARS OF SERVICE, HE OR SHE MUST ROTATE OFF THE BOARD FOR AT LEAST ONE YEAR, EXCEPT IN THE CASE OF OFFICER TRUSTEES. (C) THE AFORESAID NOTWITHSTANDING, A PUBLIC TRUSTEE WHO IS AN OFFICER AND WHO IS ELECTED TO AN OFFICE DURING HIS/HER FINAL TERM AS A PUBLIC TRUSTEE, SHALL SERVE ON THE BOARD AS AN OFFICER TRUSTEE FOR AN ADDITIONAL YEAR OR YEARS. IN SUCH CASE, SAID PERSON SHALL CONTINUE TO HAVE VOTING PRIVILEGES AS LONG AS HE/SHE REMAINS AN OFFICER, AND SHALL BE COUNTED TOWARDS THE MAXIMUM OF 21 ELECTED TRUSTEES. (D) EXCEPT AS HEREINAFTER PROVIDED IN THE CASE OF MID-TERM VACANCIES, THE PUBLIC TRUSTEES PROPOSED BY THE NOMINATING COMMITTEE SHALL BE ELECTED BY A MAJORITY VOTE OF THE ENTIRE BOARD OF TRUSTEES (PUBLIC TRUSTEES, OFFICER TRUSTEES AND RESIDENT TRUSTEES) AT THE BOARD MEETING IMMEDIATELY PRECEDING THE ANNUAL MEETING OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT PREPARES THE BASE INFORMATION. MANAGEMENT SENDS THE PREPARED INFORMATION TO A THIRD PARTY FOR REVIEW AND SUBMISSION. ONCE THE THIRD PARTY COMPLETES THE FORM, THE BUDGET AND FINANCE COMMITTEE WILL REVIEW FINAL DRAFTS PREPARED BY THE THIRD PARTY. IF NO OBJECTIONS ARE NOTED, APPROVAL IS GIVEN TO THE THIRD PARTY TO FILE. FORM 990, PART VI, SECTION B, LINE 12C NO PART OF THE NET EARNINGS OF THE CORPORATION SHALL INURE TO THE BENEFIT OF OR WILL BE DISTRIBUTABLE TO ITS DIRECTORS, OFFICERS, OR OTHER PRIVATE PERSONS. NO OFFICER, DIRECTOR, TRUSTEE OR EMPLOYEE OR THEIR SPOUSES SHALL BE INVOLVED IN A RELATIONSHIP WITH ANY PROFESSIONAL SERVICE, FIRM, ASSOCIATION, TRUST, PARTNERSHIP, OR CORPORATION WHICH DOES, WILL, OR MAY PROVIDE GOODS, LEASES, OR SERVICES TO THE FACILITY UNLESS SUCH RELATIONSHIP IS MADE PUBLIC TO THE BOARD IN WRITING AND SAID INDIVIDUAL RECUSES HIM/HERSELF FROM ANY DISCUSSIONS OR VOTES RELATING TO SUCH RELATIONSHIP. IN ADDITION, NO OFFICER, DIRECTOR, OR TRUSTEE SHALL BE EMPLOYED OR SERVE ON A BOARD OR COMMITTEE OF ANY ORGANIZATION THAT DIRECTLY COMPETES WITH MARTINS RUN. IT IS THE INTENT OF THE BOARD TO MINIMIZE OR ELIMINATE ANY SUCH CONFLICTS OR APPEARANCES OF CONFLICT OF INTEREST. IN THE EVENT THAT A MATTER ARISES WHERE THERE IS A PERCEIVED, POTENTIAL, OR ACTUAL CONFLICT AFTER SIGNING THE YEARLY ACKNOWLEDGEMENT FORM, THE BOARD MEMBER AGREES TO UNDERTAKE THE FOLLOWING PROCEDURES: DISCLOSE ORALLY OR IN WRITING, AS APPROPRIATE, TO THE FULL BOARD ANY TRANSACTION OR INTEREST WHICH RESULTS OR COULD RESULT IN A CONFLICT OR APPEARANCE OF A CONFLICT BETWEEN THE INTEREST OF MARTINS RUN AND HIS/HER PERSONAL INTEREST. THIS INCLUDES ANY INTEREST WITH WHICH THE BOARD MEMBER OR A MEMBER OF HIS/HER IMMEDIATE FAMILY IS ASSOCIATED. RECUSE HIMSELF/HERSELF FROM PARTICIPATION IN ANY SUCH DECISIONS AND DISCUSSIONS. DETERMINE WITH THE BOARD CHAIR, BY-LAWS CHAIR, AND THE CEO WHETHER ANY ACTION IS REQUIRED. IF NECESSARY, THE BOARD MEMBER MAY BE REQUIRED TO DIVEST HIMSELF/HERSELF OF THE RELATIONSHIP WHICH GIVES RISE TO THE CONFLICT, OR RESIGN FROM THE BOARD IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 A LEADING AGE PA WAGE SURVEY WAS USED TO DETERMINE THE COMPENSATION OF THE ORGANIZATION'S CEO, EXECUTIVE DIRECTOR, OR TOP MANAGEMENT OFFICIAL. IN ADDITION, AN EXECUTIVE COMMITTEE COMPARISION OF LEADING AGE PA STATISTICS ARE TAKEN INTO CONSIDERATION. PROCESS WAS LAST TOOK PLACE IN NOVEMBER 2013. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G FEES FOR OTHER SERVICES: PROGRAM SERVICE EXPENSES 1,991,840. MANAGEMENT AND GENERAL EXPENSES 161,752. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,153,592. FORM 990, PART XI, LINE 9: PRIOR YEAR ADJUSTMENT DUE TO ACCOUNTING STANDARD UPDATE ASU 2012-01 -1,831,236. FORM 990, PART XII, LINE 2C THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MARTINS RUN HOME PARTNERS 11 MARTINS RUN MEDIA PA 19063 272268177 OPERATES A HOME CARE AGENCY. PA 501(C)(3) LINE 9 MARTINS RUN 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 MARTINS RUN HOME PARTNERS D 262684 FMV