2014-08-27T12:15:55-05:00 2013-12-31 232932984 PARENTEBEARD LLC 1650 MARKET STREET SUITE 4500 PHILADELPHIA PA 19103 990 2013-01-01 222437508 CASCADE CORPORATION CASC 6094657171 144 MAGNOLIA DRIVE CAPE MAY CT HOUSE NJ 08210 DONALD AMBROSE PRESIDENT 6094657171 2014-08-26 1 JULIUS GREEN CPA JD P00350393 2159720701 2013 2015-11-30 17:44:51Z COURTHOUSE CONVALESCENT & EASTERN SHORE NURSING DONALD AMBROSE 144 MAGNOLIA DRIVE CAPE MAY CT HOUSE NJ 08210 18151084 0 X N/A X 1996 PA TO PROVIDE A COMFORTING AND SECURE ENVIRONMENT TO RESIDENTS OF THE CENTER. 3 2 248 12 0 0 1949 0 19105733 18030116 486 280 206540 120688 19314708 18151084 1360 1170 0 0 9481702 9074985 0 0 0 10961811 9876014 20444873 18952169 -1130165 -801085 15667445 14659813 16174883 15728788 -507438 -1068975 CASCADE CORPORATION'S MISSION IS TO MEET THE HEALTH, HOUSING AND FINANCIAL SECURITY NEEDS OF SENIORS. IN ALL WE DO, OUR FOCUS IS TO CONTINUOUSLY ENHANCE THE QUALITY OF LIFE AND DIGNITY OF EACH OF OUR RESIDENTS. WE DELIVER EXCELLENCE THROUGH SERVICE. 0 0 15060997 1170 18028553 NURSING CARE: THE FACILITY HAS 240 LONG TERM BEDS PROVIDING SKILLED AND INTERMEDIATE NURSING CARE SERVICES. THE FACILITY PROVIDES ROUND THE CLOCK SKILLED AND INTERMEDIATE NURSING CARE SERVICES, DINING AND RECREATIONAL ACTIVITIES TO AN AVERAGE DAILY CENSUS OF 192 RESIDENTS. IN 2013 THE FACILITY WAS AT 79.9% OCCUPANCY OR 70,024 PATIENT DAYS. 1306 0 1563 DAY CARE: THE FACILITY PROVIDES MEDICAL DAY CARE SERVICES TO THE ELDERLY AND DISABLED RESIDENTS OF THE COMMUNITY ON A DAILY BASIS, WITH AN AVERAGE DAILY CENSUS OF 12 RESIDENTS. IN 2013, THE FACILITY PROVIDED 4,189 PATIENT DAYS OF SERVICE. 15062303 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 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 12 0 1 248 1 0 0 0 0 0 0 0 0 0 0 X 3 2 0 1 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X FRANK FULLAM CFO HOSPICOMM 2159255158 41 N 3RD STREET PHILADELPHIA PA 19106 DONALD AMBROSE PRESIDENT 5.00 15.00 X X 0 100000 0 BART BEDDOE DIRECTOR 0.30 0.80 X 4000 4000 0 RAYMOND HUGHES TREASURER 0.30 0.80 X X 4000 8000 0 GRETA JO PAYNE ADMINISTRATOR 40.00 X 110529 0 23211 TAMARA MORELAND ADMINISTRATOR 40.00 X 127426 0 26759 OYEYEMI FASEHUM CLINICAL CARE SUPPORT 40.00 X 152332 0 31989 CELSA VALDEZ RN 40.00 X 140715 0 0 539002 112000 81959 4 0 1 0 HEALTHCARE SERVICES GROUP 3220 TILLMAN DRIVE BENSALEM PA 19020 DINING/HOUSEKEEPING 2446284 TENDER TOUCH 685 RIVER AVENUE LAKEWOOD NJ 08701 PHYSICAL THERAPY 1246122 HOSPICOMM 41 N 3RD STREET PHILADELPHIA PA 19106 MANAGEMENT SERVICES 1130380 AMERIHEALTH 1901 MARKET STREET PHILADELPHIA PA 19103 MANAGED CARE SVC. 353182 GERISCRIPT 220 WEST PARKWAY POMPTON PLAINS NJ 07444 PHARMACY SVC. 218702 12 NURSING CARE REVENUE 623000 18028553 18028553 ADULT DAY CARE REVENUE 623000 1563 1563 18030116 280 280 INSURANCE PROCEEDS 900099 111729 111729 TELEVISON REVENUE 900099 8916 8916 VENDING MACHINE COMMISSIONS 900099 43 43 120688 18151084 18030116 0 120968 X 1170 1170 480247 480247 6945484 6139169 806315 13943 11810 2133 830035 754224 75811 805276 666209 139067 810803 810803 85028 85028 80237 80237 4276068 3597332 678736 5913 5913 797316 672632 124684 1856150 1536982 319168 90890 22154 68736 7163 7163 536955 444226 92729 226027 186993 39034 PHARMACEUTICALS 336261 336261 PROVISION FOR BAD DEBT 334641 334641 MEDICAL SUPPLIES 271709 271709 FOOD 86567 86567 74286 224 74062 18952169 15062303 3889866 0 5183 4971 738146 844675 5174599 4640713 170073 14991075 7845513 7505296 7145562 2074148 2023892 15667445 14659813 4705982 4802145 10675000 10475000 61498 55359 732403 396284 16174883 15728788 X -507438 -1068975 -507438 -1068975 15667445 14659813 X -801085 -6461 246009 X X 0 0 0 X 24034 5274 7664 36972 2082991 20208947 19706794 19105733 18030116 79134581 2082991 20232981 19712068 19113397 18030116 79171553 0 0 0 79171553 4570 2208 455 486 280 7999 4570 2208 455 486 280 7999 3 3 1083 46056 396004 201865 120688 765696 2088647 20281245 20108527 19315748 18151084 79945251 0.99030 0.99130 0.00010 0.00080 X 0 1 X 700000 700000 9714519 4304757 5409762 1247264 846677 400587 3329292 2694079 635213 7145562 FINANCING COSTS - NET 413933 GOODWILL - NET 1374440 DEPOSITS 137767 RESIDENT TRUST FUNDS 97752 2023892 RESIDENT DEPOSITS 35959 DERIVATIVE FINANCIAL INSTRUMENT 304150 CAPITAL LEASE PAYBLE 56175 396284 PART IV, LINE 2B: THE ORGANIZATION HOLDS RESIDENT FUNDS IN AN ESCROW ACCOUNT. THESE FUNDS BELONG TO THE RESIDENTS ARE ARE PAID TO THEM UPON DEPARTURE FROM THE FACILITY. X X 0 0 0 0 0 0 0 0 0 TAMARA MORELAND ADMINISTRATOR 127426 0 0 0 0 0 108 0 26651 0 154185 0 0 0 OYEYEMI FASEHUM CLINICAL CARE SUPPORT 152332 0 0 0 0 0 129 0 31860 0 184321 0 0 0 A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918KA0 2008-01-01 11445000 REFINANCE OUTSTANDING BONDS, FINANCE CAPITAL IMPROVEMENTS 0 0 0 A 970000 11445000 114450 11330550 2008 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 1 1 BANK OF AMERICA NA 4.166700000000 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 11/14/2013 FORM 990, PART VI, SECTION A, LINE 3 HOSPICOMM, INC., A HEALTHCARE MANAGEMENT COMPANY, WAS HIRED TO OVERSEE THE DAY-TO-DAY OPERATIONS AND FINANCIAL RECORDKEEPING OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 DEL MAR HEALTHCARE (EIN 33-0732286) IS THE SOLE MEMBER OF THE FILING ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE RETURN IS REVIEWED BY THE MANAGEMENT COMPANY, HOSPICOMM, INC. THE RETURN IS THEN PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL BY EACH MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE REVIEWED ANNUALLY AS PART OF THE YEAR END AUDIT PROCEDURES PERFORMED BY THE MANAGEMENT COMPANY, HOSPICOMM, INC. ALL INTERESTED PERSONS - BOARD MEMBERS, OFFICERS, AND EMPLOYEES - HAVE A DUTY TO DISCLOSE ANY POTENTIAL CONFLICTS TO THE BOARD OF DIRECTORS, ANY COMMITTEE WITH BOARD-DELEGATED POWERS, OR SUPERVISOR. THE BOARD OR COMMITTEE CHAIR WILL ASSIGN A DISINTERESTED PARTY TO INVESTIGATE ALTERNATIVE AGREEMENTS OR TRANSACTIONS. THE BOARD WILL DETERMINE WHETHER SUCH ALTERNATIVE IS MORE ADVANTAGEOUS TO THE ORGANIZATION AND WHETHER THE TRANSACTION RELATED TO THE CONFLICT CAN BE PURSUED WITH REASONABLE EFFORTS AND WITH THE ORGANIZATION'S BEST INTERESTS REPRESENTED. FORM 990, PART VI, SECTION B, LINE 15A THE ADMINISTRATORS' SALARIES ARE BASED ON LOCAL INDUSTRY MARKET CONDITIONS. REGIONAL ADMINISTRATORS COLLECT DATA FROM SIMILAR SIZE ORGANIZATIONS TO ENSURE COMPENSATION REMAINS WITHIN FAIR MARKET RANGE FOR THE INDUSTRY. SALARIES ARE RECOMMENDED TO THE CHAIRMAN OF THE BOARD WHO THEN APPROVES ANY COMPENSATION CHANGES WITH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PURCHASED MEDICAL CARE SERVICES: PROGRAM SERVICE EXPENSES 3,385,429. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,385,429. OUTSIDE CONTRACTED SERVICES AND CONSULTING: PROGRAM SERVICE EXPENSES 211,903. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 211,903. PRIVATE COLLECTION FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 678,736. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 678,736. FORM 990, PART XI, LINE 9: CHANGE IN FAIR MARKET VALUE OF DERIVATIVE 246,009. FORM 990, PART XI, LINE 2B: CASCADE CORPORATION HAS MERGED WITH A RELATED PARTY AND, AS SUCH, DID NOT ISSUE 12-MONTH AUDITED FINANCIAL STATEMENTS. A SHORT-PERIOD RETURN WILL BE FILED FOR THE PERIOD 1/1/14-6/30/14, WITH 18-MONTH AUDITED FINANCIAL STATEMENTS. DEL MAR HEALTHCARE INC 12348 HIGH BLUFF DRIVE SAN DIEGO CA 92130 330732286 SUPPORTING ORGANIZATION CA 501(C)(3) LINE 11C, III-FI N/A 0 DMH DAYTON INC 12348 HIGH BLUFF DRIVE SAN DIEGO CA 92130 332670879 OPERATION OF NURSING FACILITIES CA 501(C)(3) LINE 9 DEL MAR HEALTHCARE INC 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0