MARY ANN MORSE HEALTHCARE CORP: Form 990, tax year 2013

View the entire original 990 at ProPublica ↗

Organization: MARY ANN MORSE HEALTHCARE CORP (EIN 22-3064323)
Tax period: 2013-01-01 to 2013-12-31
Filed: 2014-10-13
IRS object ID: 201442869349300104
Schema version: 2013v3.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule J
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2014-10-13T10:21:24-05:00	ReturnTs
Tax Period End	2013-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 CROWN COLONY DRIVE SUITE 310	AddressLine1
City	QUINCY	City
State	MA	State
ZIP Code	02169	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2013-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	223064323	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARY ANN MORSE HEALTHCARE CORP	BusinessNameLine1

Field	Value	IRS element (for citing)
Business Name Control	MARY	BusinessNameControlTxt
Phone	5087886050	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	747 WATER STREET	AddressLine1
City	FRAMINGHAM	City
State	MA	State
ZIP Code	01701	ZIPCode

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	RICHARD KILLIGREW	PersonNm
Person Title	PRESIDENT & CEO	PersonTitleTxt
Phone	5087886050	PhoneNum
Signature	2014-10-11	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROBERT DILLAN	PreparerPersonNm
PTIN	P01688008	PTIN
Phone	6179848100	PhoneNum
Preparation	2014-10-07	PreparationDt

Field	Value	IRS element (for citing)
Tax	2013	TaxYr
Build TS	2015-11-30 17:44:51Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	RICHARD KILLIGREW	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	747 WATER STREET	AddressLine1
City	FRAMINGHAM	City
State	MA	State
ZIP Code	01701	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	$22,260,447	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	N/A	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1990	FormationYr
Legal Domicile State	MA	LegalDomicileStateCd
Activity Or Mission	THE MISSION OF MARY ANN MORSE HEALTHCARE CORP. IS TO ENHANCE THE QUALITY OF LIFE OF ITS RESIDENTS THROUGH THE PROVISION OF THE HIGHEST QUALITY SKILLED NURSING, REHABILITATIVE, RESTORATIVE AND ASSISTED LIVING SERVICES AND TO LEND COMFORT AND SUPPORT TO FAMILIES OF RESIDENTS.	ActivityOrMissionDesc
Voting Members Governing Body	12	VotingMembersGoverningBodyCnt
Voting Members Independent	10	VotingMembersIndependentCnt
Total Employee	372	TotalEmployeeCnt
Total Volunteers	31	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$0	PYContributionsGrantsAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$18,062,410	PYProgramServiceRevenueAmt
CY Program Service Revenue	$18,889,488	CYProgramServiceRevenueAmt
PY Investment Income	-$348,502	PYInvestmentIncomeAmt
CY Investment Income	$207,830	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$17,713,908	PYTotalRevenueAmt
CY Total Revenue	$19,097,318	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$11,728,369	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$11,981,278	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$6,256,125	PYOtherExpensesAmt
CY Other Expenses	$6,811,455	CYOtherExpensesAmt
PY Total Expenses	$17,984,494	PYTotalExpensesAmt
CY Total Expenses	$18,792,733	CYTotalExpensesAmt
PY Revenues Less Expenses	-$270,586	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$304,585	CYRevenuesLessExpensesAmt
Total Assets BOY	$35,984,888	TotalAssetsBOYAmt
Total Assets EOY	$36,123,920	TotalAssetsEOYAmt
Total Liabilities BOY	$27,279,567	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$25,837,516	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$8,705,321	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$10,286,404	NetAssetsOrFundBalancesEOYAmt
Mission	THE MISSION OF MARY ANN MORSE HEALTHCARE CORP. IS TO ENHANCE THE QUALITY OF LIFE OF ITS RESIDENTS BY PROVIDING THE HIGHEST QUALITY SKILLED NURSING, REHABILITATIVE, RESTORATIVE AND ASSISTED LIVING SERVICES AND TO COMFORT AND SUPPORT TO FAMILIES OF RESIDENTS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$11,606,475	ExpenseAmt
Revenue	$12,916,450	RevenueAmt
Desc	MARY ANN MORSE NURSING & REHAB CENTER IS A 124 BED FACILITY PROVIDING SKILLED LONG TERM CARE, LONG TERM DEMENTIA CARE, AND SHORT TERM SUB-ACUTE SERVICES. MARY ANN MORSE NURSING & REHAB CENTER IS CERTIFIED BY THE JOINT COMMISSION FOR THE ACCREDITATION OF HEALTHCARE ORGANIZATIONS. MARY ANN MORSE HEALTHCARE RANKS IN THE TOP 20% OF SKILLED NURSING FACILITIES IN MASSACHUSETTS BY THE DEPARTMENT OF PUBLIC HEALTH AND IS A 5 STAR FACILITY AS MEASURED BY CMS.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$4,438,562	ExpenseAmt
Revenue	$5,973,038	RevenueAmt
Desc	HERITAGE ASSISTED LIVING PROVIDES INDEPENDENT AND TRADITIONAL ASSISTED LIVING SERVICES TO RESIDENTS IN 58 APARTMENT UNITS, AND PROVIDES DEMENTIA SERVICES IN A SECURE ENVIRONMENT TO ALZHEIMER'S RESIDENTS IN 40 UNITS. A LARGE MULTI-PURPOSE ROOM ALLOWS FOR JOINT ACTIVITIES PROGRAMS FOR BOTH THE DEMENTIA RESIDENTS AND THE CLASSIC RESIDENTS, INCREASING THE QUALITY OF LIFE FOR ALL RESIDENTS. HERITAGE EMPLOYS LICENSED NURSED FROM 8:00AM UNTIL 11:00PM, WHICH IS NOT A REQUIREMENT, AND EMPLOYS A 32 HOUR PER WEEK PROGRAM MANAGER FOR THE DEDICATED MEMORY CARE UNIT. HERITAGE EMPLOYS MORE ACTIVITY STAFF THAN THE TYPICAL ASSISTED LIVING FACILITY, AND THE ACTIVITY STAFF WORK IN BOTH TRADITIONAL ASSISTED LIVING AND MEMORY CARE PROGRAMS.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$16,045,037	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	Yes (1)	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	112	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	372	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	12	GoverningBodyVotingMembersCnt
Independent Voting Member	10	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (1)	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MA	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RICHARD KILLIGREW	BusinessNameLine1

Field	Value	IRS element (for citing)
Phone	5086655303	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	747 WATER STREET	AddressLine1
City	FRAMINGHAM	City
State	MA	State
ZIP Code	01701	ZIPCode

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
DONALD BLOCH ESQ
CHAIRMAN OF BOARD	2.00	Yes (X)	Yes (X)	$0	$0	$0
ALLAN MCLEAN
CLERK	2.00	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL GOTTLIEB MD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
FRANK JENKINS
TREASURER	2.00	Yes (X)	Yes (X)	$0	$0	$0
MARY ELIZABETH COTTER
TRUSTEE	1.00	Yes (X)		$0	$0	$0
BARRY SIMS
VICE CHAIR	2.00	Yes (X)	Yes (X)	$0	$0	$0
ELIZABETH DONNELLY
TRUSTEE	1.00	Yes (X)		$0	$0	$0
WILLIAM GOODMAN MD
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MARY GREENDALE
TRUSTEE	1.00	Yes (X)		$15,713	$0	$0
RICHARD KILLIGREW
PRESIDENT AND CEO	40.00	Yes (X)	Yes (X)	$167,000	$0	$7,981
JOHN CALCIO
TRUSTEE	1.00	Yes (X)		$0	$0	$0
MARGARET SHIELDS
TRUSTEE	1.00	Yes (X)		$0	$0	$0
LISA KUBIAK
EXECUTIVE DIRECTOR - MARY	40.00			$138,675	$0	$6,010	Yes (X)
ELLEN ADAMS
EXECUTIVE DIRECTOR - HERIT	40.00			$120,810	$0	$6,431	Yes (X)
CAROLYN LAZARUS
NURSE SUPERVISOR	40.00			$104,466	$0	$6,252	Yes (X)
PATRICIA-JO DEAN
DIRECTOR OF NURSING	40.00			$103,954	$0	$5,126	Yes (X)
ROSILINE COELHO
LPN	40.00			$118,286	$0	$4,889	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$768,904	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$36,689	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	6	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HR CONCEPTS LLC	BusinessNameLine1

Contractor Address ContractorAddress

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 CHARLES STREET	AddressLine1
City	MANCHESTER	City
State	MA	State
ZIP Code	03101	ZIPCode

Field	Value	IRS element (for citing)
Services	BENEFIT PLAN ADMINISTRATOR	ServicesDesc
Compensation	$155,882	CompensationAmt

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1	CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAM SERVICE REVENUE	623000	$18,640,195	$18,640,195
OTHER PROGRAM REVENUE	623000	$249,293	$249,293

Field	Value	IRS element (for citing)
Total Program Service Revenue	$18,889,488	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$81,659	TotalRevenueColumnAmt
Exclusion	$81,659	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$3,289,300	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$3,163,129	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$126,171	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$126,171	TotalRevenueColumnAmt
Exclusion	$126,171	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$19,097,318	TotalRevenueColumnAmt
Related Or Exempt Func Income	$18,889,488	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$207,830	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$183,613	TotalAmt
Management And General	$183,613	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$9,998,614	TotalAmt
Program Services	$8,869,457	ProgramServicesAmt
Management And General	$1,129,157	ManagementAndGeneralAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$44,405	TotalAmt
Program Services	$40,032	ProgramServicesAmt
Management And General	$4,373	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,016,249	TotalAmt
Program Services	$891,752	ProgramServicesAmt
Management And General	$124,497	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$738,397	TotalAmt
Program Services	$652,376	ProgramServicesAmt
Management And General	$86,021	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$53,406	TotalAmt
Management And General	$53,406	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$64,039	TotalAmt
Management And General	$64,039	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$26,596	TotalAmt
Management And General	$26,596	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$714,692	TotalAmt
Program Services	$438,440	ProgramServicesAmt
Management And General	$276,252	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$167,059	TotalAmt
Management And General	$167,059	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$159,170	TotalAmt
Management And General	$159,170	ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$89,784	TotalAmt
Management And General	$89,784	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$874,506	TotalAmt
Program Services	$874,506	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$23,223	TotalAmt
Program Services	$2,678	ProgramServicesAmt
Management And General	$20,545	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$648,541	TotalAmt
Program Services	$648,541	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$1,319,009	TotalAmt
Program Services	$1,266,917	ProgramServicesAmt
Management And General	$52,092	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$240,950	TotalAmt
Program Services	$240,950	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
FOOD	$708,613	$708,613
RELATED MEDICAL EXPENSE	$700,574	$700,574
USER FEE EXPENSE	$621,061	$621,061
BAD DEBTS	$265,996		$265,996

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$134,236	TotalAmt
Program Services	$89,140	ProgramServicesAmt
Management And General	$45,096	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$18,792,733	TotalAmt
Program Services	$16,045,037	ProgramServicesAmt
Management And General	$2,747,696	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$39,346	BOYAmt
EOY	$201,653	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$6,861,046	BOYAmt
EOY	$7,026,071	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$1,243,797	BOYAmt
EOY	$1,395,765	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$305,302	BOYAmt
EOY	$366,117	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$36,149,661	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$14,063,469	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$23,079,771	BOYAmt
EOY	$22,086,192	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$3,424,547	BOYAmt
EOY	$4,218,605	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$1,031,079	BOYAmt
EOY	$829,517	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$35,984,888	BOYAmt
EOY	$36,123,920	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,346,183	BOYAmt
EOY	$1,504,062	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$177,785	BOYAmt
EOY	$298,809	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$23,831,669	BOYAmt
EOY	$22,787,529	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$418,807	BOYAmt
EOY	$403,493	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,505,123	BOYAmt
EOY	$843,623	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$27,279,567	BOYAmt
EOY	$25,837,516	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,705,321	BOYAmt
EOY	$10,286,404	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$8,705,321	BOYAmt
EOY	$10,286,404	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$35,984,888	BOYAmt
EOY	$36,123,920	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$304,585	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$614,999	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$661,499	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,786,653	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,571,867	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$18,080,225	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$18,062,410	CurrentTaxYearMinus1YearAmt
Current Tax Year	$18,889,488	CurrentTaxYearAmt
Total	$91,390,643	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,786,653	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,571,867	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$18,080,225	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$18,062,410	CurrentTaxYearMinus1YearAmt
Current Tax Year	$18,889,488	CurrentTaxYearAmt
Total	$91,390,643	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$91,390,643	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$136,054	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$94,915	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$62,797	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$69,718	CurrentTaxYearMinus1YearAmt
Current Tax Year	$81,659	CurrentTaxYearAmt
Total	$445,143	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$136,054	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$94,915	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$62,797	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$69,718	CurrentTaxYearMinus1YearAmt
Current Tax Year	$81,659	CurrentTaxYearAmt
Total	$445,143	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$17,922,707	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$18,666,782	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$18,143,022	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$18,132,128	CurrentTaxYearMinus1YearAmt
Current Tax Year	$18,971,147	CurrentTaxYearAmt
Total	$91,835,786	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99520	PublicSupportCY509Pct
Public Support PY509	0.99330	PublicSupportPY509Pct
Investment Income CY	0.00480	InvestmentIncomeCYPct
Investment Income PY	0.00670	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Agent Trustee Etc	0	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (1)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,430,439	OtherCostOrOtherBasisAmt
Book Value	$1,430,439	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$30,150,235	OtherCostOrOtherBasisAmt
Depreciation	$10,697,451	DepreciationAmt
Book Value	$19,452,784	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$4,544,791	OtherCostOrOtherBasisAmt
Depreciation	$3,366,018	DepreciationAmt
Book Value	$1,178,773	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$24,196	OtherCostOrOtherBasisAmt
Book Value	$24,196	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$22,086,192	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	INTEREST RATE SWAP CONTRACTS IN LOSS POSITION	Desc
Amt	$843,623	Amt

Field	Value	IRS element (for citing)
Total Liability	$843,623	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$20,347,220	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$614,999	NetUnrealizedGainsInvstAmt
Other Revenue	$661,499	OtherRevenueAmt
Revenue Not Reported	$1,276,498	RevenueNotReportedAmt
Revenue Subtotal	$19,070,722	RevenueSubtotalAmt
Other Revenues Not Included	$26,596	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	$26,596	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$19,097,318	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$18,766,137	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$18,766,137	ExpensesSubtotalAmt
Other Expenses Not Included	$26,596	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	$26,596	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$18,792,733	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART IV, LINE 2B:	TENANT SECURITY DEPOSITS
PART X, LINE 2:	THE STANDARDS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REQUIRE THE COMPANY TO REPORT ANY UNCERTAIN TAX POSITIONS AND TO ADJUST ITS FINANCIAL STATEMENTS FOR THE IMPACT THEREOF. AS OF DECEMBER 31, 2013 AND 2012, THE COMPANY DETERMINED THAT IT HAD NO TAX POSITIONS THAT DID NOT MEET THE "MORE LIKELY THAN NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. THE COMPANY FILES TAX AND INFORMATION RETURNS IN THE UNITED STATES (FEDERAL) AND MASSACHUSETTS (STATE) JURISDICTIONS. THESE RETURNS ARE GENERALLY SUBJECT TO EXAMINATION BY TAX AUTHORITIES FOR THE LAST THREE YEARS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	UNREALIZED LOSS ON CARRYING VALUE OF INTEREST RATE SWAP CONTRACT 661,499.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	INVESTMENT EXPENSES NETTED AGAINST INVESTMENT INCOME 26,596.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	INVESTMENT EXPENSES NETTED AGAINST INVESTMENT INCOME 26,596.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	RICHARD KILLIGREW	PersonNm
Title	PRESIDENT AND CEO	TitleTxt
Base Compensation Filing Org	$167,000	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$0	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$7,981	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$174,981	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	MASSACHUSETTS DEVELOPMENT FINANCE AGENCY	BusinessNameLine1

Field	Value	IRS element (for citing)
Bond Issuer EIN	043431814	BondIssuerEIN
CUSIP	57583RRD9	CUSIPNum
Bond Issued	2010-11-19	BondIssuedDt
Issue Price	$25,060,000	IssuePriceAmt
Purpose	REFINANCE AND EXPANSION/RENOVATION	PurposeDesc
Defeased	0	DefeasedInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Pool Financing	0	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$2,272,471	RetiredAmt
Total Proceeds	$25,060,000	TotalProceedsAmt
Issuance Costs From Proceeds	$408,875	IssuanceCostsFromProceedsAmt
Capital Expenditures	$4,951,850	CapitalExpendituresAmt
Other Spent Proceeds	$19,699,275	OtherSpentProceedsAmt
Substantial Completion	2011	SubstantialCompletionYr
Current Refunding	Yes (1)	CurrentRefundingInd
Advance Refunding	0	AdvanceRefundingInd
Final Allocation Made	Yes (1)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (1)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	0	OwningBondFinancedPropertyInd
Any Lease Arrangements	0	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	0	MgmtContractBondFincdPropInd
Any Research Agreements	0	AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test	0	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	0	ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd	Yes (1)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiledInd
Rebate Not Due Yet	Yes (1)	RebateNotDueYetInd
Exception To Rebate	0	ExceptionToRebateInd
No Rebate Due	0	NoRebateDueInd
Variable Rate Issue	Yes (1)	VariableRateIssueInd
Hedge Identified In Bks And Rec	Yes (1)	HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

Field	Value	IRS element (for citing)
Business Name Line1	SOVEREIGN BANK	BusinessNameLine1

Field	Value	IRS element (for citing)
Term Of Hedge	9.000000000000	TermOfHedgePct
Superintegrated Hedge	0	SuperintegratedHedgeInd
Hedge Terminated	0	HedgeTerminatedInd
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	0	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (1)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (1)	ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11	THE FORM 990 IS PREPARED BY A CPA FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. THE PRESIDENT & CEO REVIEWS THE 990 BEFORE IT IS FILED. THE FORM 990 IS MADE AVAILABLE TO THE FINANCE COMMITTEE FOR COMMENT AT THE FIRST FINANCE COMMITTEE MEETING AFTER THE 990 IS PREPARED. MANAGEMENT WILL REVIEW THE FINAL 990 AFTER COMMENTS WITH THE FINANCE COMMITTEE. THE BOARD OF TRUSTEES WILL BE INFORMED THAT THE 990 HAS BEEN FILED AT THE NEXT BOARD MEETING, AND A COPY OF THE FILED 990 WILL BE PROVIDED TO THE BOARD OF TRUSTEES UPON REQUEST.
FORM 990, PART VI, SECTION B, LINE 12C	THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT IS APPLICABLE TO ALL TRUSTEE MEMBERS AND MANAGEMENT LEVEL EMPLOYEES ("PERSONS"). ON AN ANNUAL BASIS, ALL PERSONS RECEIVE THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO SIGN A DISCLOSURE STATEMENT IDENTIFYING ANY CONFLICTS OF INTEREST. PRIOR TO PARTICIPATING IN OF DISCUSSING ANY MATTER CONCERNING THE CORPORATION WHICH MIGHT PRESENT A CONFLICT, ANY PERSON SHALL FIRST DISCLOSE ANY SUCH CONFLICT TO THE GROUP PARTICIPATING IN OR DISCUSSING SAID MATTER, AND THAT DISCUSSION AND DISCLOSURE SHALL BE MADE A PART OF THE RECORDS OF THE CORPORATION. ANY PERSON INVOLVED IN A CONFLICT SHALL NOT DISCUSS, VOTE ON OR USE HIS OR HER PERSONAL INFLUENCE ON SUCH MATTER AT ANY MEETING OF A BOARD OR COMMITTEE OF WHICH SUCH PERSON IS A MEMBER, AND HE OR SHE SHOULD NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEEETING, EVEN WHERE PERMITTED BY LAW.
FORM 990, PART VI, SECTION B, LINE 15	THE BOARD OF TRUSTEES DECIDE THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS, WHICH ARE DOCUMENTED AND RECORDED IN THE CORPORATE MINUTES. THE PROCESS INVOLVES MEETING AND CONSULTING WITH THE ORGANIZATION'S LABOR ATTORNEYS ON A REGULAR AND CONSISTENT BASIS TO GO OVER ANY AND ALL QUESTIONS AND PROCEDURES INVOLVING COMPENSATION OF TOP OFFICIALS, AS WELL AS TO REVIEW AND COMPARE THE ANALYSIS OF INDUSTRY AND MARKET DATA AS IT RELATES TO COMPENSATION FOR TOP OFFICIALS IN THE SAME OR SIMILAR INDUSTRIES.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE AT EACH LOCATION UPON REQUEST.
FORM 990, PART XI, LINE 9:	UNREALIZED LOSS ON CARRYING VALUE OF INTEREST RATE SWAP CONTRACT 661,499.