2014-11-17T10:36:18-06:00 2013-12-31 593070669 MOORE STEPHENS LOVELACE PA 701 BRICKELL AVENUE SUITE 550 MIAMI FL 33131 990 2013-01-01 264233085 PONCE PLAZA PROPERTIES INC PONC 3059170428 1800 NE 168TH STREET NO 200 N MIAMI BEACH FL 33162 DR WILLIAM ZUBKOFF PRESIDENT & CHIEF EXECUTIVE OFFICER 3059170428 2014-11-17 1 LAWRENCE SCHIFF CPA P00479457 3058199555 2013 2015-11-30 17:44:51Z DR WILLIAM ZUBKOFF 1800 NE 168TH STREET NO 200 N MIAMI BEACH FL 33162 1622257 0 X WWW.HEBREWHOMES.COM X 2009 FL THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF RENTING A SKILLED NURSING FACILITY TO PONCE PLAZA, INC., A RELATED TAX-EXEMPT ENTITY, AND TO SUPPORT THE OVERALL MISSION OF THIS ENTITY. 7 4 0 7 0 0 0 0 1786104 1621872 233 385 0 0 1786337 1622257 0 0 0 0 0 0 0 0 0 2034063 2005979 2034063 2005979 -247726 -383722 23176606 23062201 23814133 21451891 -637527 1610310 X THE ORGANIZATION WAS ESTABLISHED FOR THE PURPOSE OF RENTING A SKILLED NURSING FACILITY TO PONCE PLAZA, INC., A RELATED TAX-EXEMPT ENTITY, AND TO SUPPORT THE OVERALL MISSION OF THIS ENTITY. 0 0 1971191 1621872 THE ORGANIZATION RENTS A SKILLED NURSING FACILITY TO PONCE PLAZA, INC., A RELATED 501(C)(3) ENTITY, FOR THE PURPOSE OF ASSISTING THIS AFFILIATED ENTITY IN ACHIEVING ITS TAX EXEMPT GOALS. 1971191 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 7 4 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X HAL STERN 3059170428 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 X RUSSELL GALBUT CHAIRMAN 0.00 4.00 X X 0 0 0 MARTIN WASSERMAN TREASURER 0.00 1.00 X X 0 0 0 JOAN BRENT SECRETARY 0.00 1.00 X X 0 0 0 WILLIAM ECK ASSISTANT SECRETARY 0.00 1.00 X X 0 0 0 RON LOWY DIRECTOR 0.00 1.00 X 0 0 0 BEN ROZSANSKY DIRECTOR 0.00 1.00 X 0 0 0 HARRY FRUHMAN FINANCIAL MANAGER/SECRETARY 0.00 40.00 X X 0 13462 0 DR WILLIAM ZUBKOFF CEO AND PRESIDENT 0.00 40.00 X 0 723500 23064 STEPHEN BEAUJON CHIEF FINANCIAL OFFICER 0.00 40.00 X 0 256950 34092 CAPTAIN MARVIN GREENWALD DIR. OF PROF. SERVICES 0.00 40.00 X 0 157899 3697 JOYCE GALBUT CHIEF NURSING OFFICER 0.00 40.00 X 0 225100 13657 0 1376911 74510 0 0 1 0 GREENBERG TRAURIG LLP 2101 L STREET NW SUITE 100 WASHINGTON DC 20037 LEGAL SERVICES 114038 1 RENTAL REVENUE 532000 1621872 1621872 1621872 385 385 1622257 1621872 0 385 5448 5448 25366 25366 1488 1488 203698 203698 851531 851531 859480 859480 LOSS ON DEBT REFINANCE 56482 56482 2486 2486 2005979 1971191 34788 0 24836 306888 243504 0 160533 24350000 2430545 22729636 21919455 178630 675325 23176606 23062201 10183 70410 121470 4870000 4870000 15924914 13803309 3009036 2586702 23814133 21451891 X -637527 1610310 -637527 1610310 23176606 23062201 X -383722 2631559 X X 0 1 X 1 0 X X X 0 0 0 PONCE PLAZA INC 651040919 9 1 1 1 0 1 0 2070000 2070000 22280000 2430545 19849455 21919455 DUE TO AFFILIATE 2586702 2586702 0 0 0 0 0 0 0 0 0 DR WILLIAM ZUBKOFF CEO AND PRESIDENT 0 550000 0 53500 0 120000 0 5100 0 17964 0 746564 0 0 STEPHEN BEAUJON CHIEF FINANCIAL OFFICER 0 219450 0 37500 0 0 0 4970 0 29122 0 291042 0 0 CAPTAIN MARVIN GREENWALD DIR. OF PROF. SERVICES 0 134399 0 23500 0 0 0 3158 0 539 0 161596 0 0 JOYCE GALBUT CHIEF NURSING OFFICER 0 201600 0 23500 0 0 0 4502 0 9155 0 238757 0 0 PART I, LINE 3 THE ORGANIZATION'S CEO IS COMPENSATED BY HEBREW HOMES MANAGEMENT SERVICES, INC., A RELATED 501(C)(3) ORGANIZATION. THE GROUP'S COMPENSATION COMMITTEE DETERMINES THE COMPENSATION AND BENEFITS OF THE CEO AND OTHER TOP MANAGEMENT OFFICIALS. THE COMMITTEE IS INDEPENDENT WITH RESPECT TO ALL COMPENSATION RELATED DECISIONS IN THAT COMMITTEE MEMBERS REFRAIN FROM VOTING ON THE COMPENSATION IF A CONFLICT OF INTEREST ARISES. THE COMMITTEE UTILIZES COMPARABILITY SURVEYS PROVIDED BY AN INDEPENDENT ACCOUNTANT. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED IN COMMITTEE MEETING MINUTES. REG FINANCIAL LLC ENTITY OF WHICH THE ORGANIZATION'S CHAIRMAN IS A PARTIAL OWNER. MORTGAGE X 4870000 4870000 0 1 1 4870000 GREENBERG TRAURIG LLP ENTITY OF WHICH THE ORGANIZATION'S ASSISTANT SECRETARY IS A PARTNER. 114038 LEGAL FEES AND DEFERRED REFINANCING COSTS 0 REG FINANCIAL LLC ENTITY OF WHICH THE ORGANIZATION'S CHAIRMAN IS A PARTIAL OWNER. 2658073 MORTGAGE INTEREST 0 GREENBERG TRAURIG LLP ENTITY OF WHICH THE ORGANIZATION'S ASSISTANT SECRETARY IS A PARTNER. 103406 LOAN REFINANCING COSTS 0 ABRAHAM GALBUT PA ADMINISTRATOR/BROTHER OF TOWNER IS THE ORGANIZATION'S ASSISTANT SECRETARY I 180630 LOAN REFINANCING COSTS 0 FORM 990, PART VI, SECTION A, LINE 2 JOYCE GALBUT, THE ORGANIZATION'S CHIEF NURSING OFFICER, IS THE WIFE OF WILLIAM ZUBKOFF, THE CEO AND PRESIDENT. FORM 990, PART VI, SECTION B, LINE 11 THE CONTROLLER CONDUCTS A COMPREHENSIVE REVIEW OF THE FORM 990 AND DISTRIBUTES TO THE GOVERNING BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICTS COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY. THE COMMITTEE REVIEWS ACTUAL CONFLICTS THAT ARE IDENTIFIED BY THE ANNUAL DISCLOSURE PROCESS AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS OF INTEREST EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION COMMITTEE DETERMINES THE COMPENSATION AND BENEFITS OF THE CHIEF EXECUTIVE OFFICER AND OTHER TOP MANAGEMENT OFFICIALS. HOWEVER, THE COMMITTEE IS INDEPENDENT WITH RESPECT TO ALL COMPENSATION RELATED DECISIONS IN THAT COMMITTEE MEMBERS REFRAIN FROM VOTING ON THE COMPENSATION IF A CONFLICT OF INTEREST ARISES. THE COMMITTEE UTILIZES COMPARABILITY SURVEYS PROVIDED BY AN INDEPENDENT ACCOUNTANT. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED IN COMMITTEE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VII, LINE 1A ALL OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES ARE COMPENSATED BY A RELATED ORGANIZATION, HEBREW HOMES MANAGEMENT SERVICES, INC., AND PERFORM SERVICES FOR ALL ENTITIES WITHIN THE CONSOLIDATED GROUP. FORM 990, PART XI, LINE 9: DEBT TRANSFERRED TO (FROM) RELATED ENTITY 2,631,559. FORM 990, PART XII, LINE 2B: THE ORGANIZATION IS A SUBSIDIARY OF HEBREW HOMES HEALTH NETWORK, INC. IT'S FINANCIAL STATEMENTS WERE AUDITED ON A CONSOLIDATED BASIS. FORM 990, PART XII, LINE 2C THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. ARCH PLAZA INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040917 OPERATES A NURSING FACILITY FL 501(C)(3) LINE 9 HEBREW HOMES HEALTH NETWORK INC 1 AVENTURA PLAZA INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 830500199 RENTS SKILLED NURSING FACILITY TO TAX-EXEMPT AFFILIATE FL 501(C)(3) LINE 11B, II HEBREW HOMES HEALTH NETWORK INC 1 HEBREW HOMES CAPTIVE SERVICES INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040931 PROVIDES SELF-INSURANCE TO TAX-EXEMPT AFFILIATES FL 501(C)(3) LINE 11B, II HEBREW HOMES HEALTH NETWORK INC 1 HEBREW HOMES HEALTH NETWORK INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040936 ORGANIZES THE ACTIVITIES OF ITS TAX-EXEMPT AFFILIATES FL 501(C)(3) LINE 11B, II N/A 1 HEBREW HOMES HEALTH NETWORK FOUNDATION INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040934 CONDUCTS FUNDRAISING ACTIVITIES ON BEHALF OF ITS TAX-EXEMPT AFFILIATES FL 501(C)(3) LINE 11B, II HEBREW HOMES HEALTH NETWORK INC 1 HEBREW HOMES OF NORTH DADE INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040912 OPERATES A NURSING FACILITY FL 501(C)(3) LINE 9 HEBREW HOMES HEALTH NETWORK INC 1 HEBREW HOMES OF SOUTH BEACH INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040911 OPERATES A NURSING FACILITY FL 501(C)(3) LINE 9 HEBREW HOMES HEALTH NETWORK INC 1 HEBREW HOMES SINAI PLAZA INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 134245879 OPERATES A NURSING FACILITY FL 501(C)(3) LINE 9 HEBREW HOMES HEALTH NETWORK INC 1 HEBREW HOMES OF MIAMI BEACH INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 590825937 RENTS SKILLED NURSING FACILITY TO TAX-EXEMPT AFFILIATE FL 501(C)(3) LINE 11B, II HEBREW HOMES HEALTH NETWORK INC 1 JACKSON PLAZA INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040926 OPERATES A NURSING FACILITY FL 501(C)(3) LINE 9 HEBREW HOMES HEALTH NETWORK INC 1 PLAZA NORTH INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040910 WILL OPERATE AN ASSISTED LIVING FACILITY FL 501(C)(3) LINE 9 HEBREW HOMES HEALTH NETWORK INC 1 PONCE PLAZA INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040919 OPERATES A NURSING FACILITY FL 501(C)(3) LINE 9 HEBREW HOMES HEALTH NETWORK INC 1 SOUTH BEACH NURSING & REHABILITATION CENTER INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 020755960 OPERATES A NURSING FACILITY FL 501(C)(3) LINE 9 HEBREW HOMES HEALTH NETWORK INC 1 SOUTH BEACH PLAZA INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 830500200 RENTS SKILLED NURSING FACILITY TO TAX-EXEMPT AFFILIATE FL 501(C)(3) LINE 11B, II HEBREW HOMES HEALTH NETWORK INC 1 ARCH PLAZA PROPERTIES INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 264233346 RENTS SKILLED NURSING FACILITY TO TAX-EXEMPT AFFILIATE FL 501(C)(3) LINE 11B, II HEBREW HOMES HEALTH NETWORK INC 1 UNIVERSITY PLAZA REHABILITAION AND NURSING CENTER INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 300541840 OPERATES A NURSING FACILITY FL 501(C)(3) LINE 9 HEBREW HOMES HEALTH NETWORK INC 1 UNIVERSITY PLAZA PROPERTIES INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 264468758 RENTS A SKILLED NURSING FACILITY TO TAX-EXEMPT AFFILIATE FL 501(C)(3) LINE 11B, II HEBREW HOMES HEALTH NETWORK INC 1 HEBREW HOMES MANAGEMENT SERVICES INC 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 651040928 PROVIDES MANAGEMENT SERVICES TO AFFILIATES FL 501(C)(3) LINE 11B, II HEBREW HOMES HEALTH NETWORK INC 1 PLAZA ADVANTAGE HEALTH CORP 1800 NE 168TH STREET SUITE 200 N MIAMI BEACH FL 33162 455518434 TO PROVIDE HEALTHCARE SERVICES AND SUPPORT AFFILIATES FL 501(C)(3) LINE 11B, II HEBREW HOMES HEALTH NETWORK INC 1 HEBREW HOMES INSURANCE SERVICES LTD PO BOX 69 2ND FLOOR BUCKINGHAM SQ GEORGE TOWN CJ KY1-1102 999999999 PROVIDES CAPTIVE INSURANCE TO RELATED ENTITY CJ HEBREW HOMES CAPTIVE SERVICES INC C 1687320 2071759 1.00000 1 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 HEBREW HOMES HEALTH NETWORK INC E 2794610 HISTORICAL COST PONCE PLAZA INC J 1621872 HISTORICAL COST PONCE PLAZA INC D 207909 HISTORICAL COST