NEWBRIDGE ON THE CHARLES INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- NEWBRIDGE ON THE CHARLES INC (EIN 38-3707573)
- Tax period
- 2011-10-01 to 2012-09-30
- Filed
- 2013-08-12
- IRS object ID
- 201302249349302240
- Schema version
- 2011v1.5
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-12T16:15:26-05:00 | Timestamp |
| Tax Period End Date | 2012-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 MONUMENT CIRCLE SUITE 2600 | AddressLine1 |
| City | INDIANAPOLIS | City |
| State | IN | State |
| ZIP Code | 46204 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383707573 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newbridge on the Charles Inc | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % Michael Hefron | InCareOfName |
| Name Control | NEWB | NameControl |
| Phone | 6173258000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 Centre Street | AddressLine1 |
| City | Boston | City |
| State | MA | State |
| ZIP Code | 02131 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JIM HART | Name |
| Title | CFO | Title |
| Date Signed | 2013-08-07 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3176817440 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Lou Woolf President CEO | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 CENTRE STREET | AddressLine1 |
| City | BOSTON | City |
| State | MA | State |
| ZIP Code | 02131 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 42320275 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.hebrewseniorlife.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 2004 | YearFormation |
| State Legal Domicile | MA | StateLegalDomicile |
| Activity Or Mission Description | TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES SENIORS WITH INDEPENDENT LIVING CHOICES THAT CAN ENRICH AND ENHANCE THEIR LIVES, COMBINED WITH THE SAFETY, SECURITY AND HEALTHCARE OPTIONS | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 5 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 2 | NbrIndependentVotingMembers |
| Total Nbr Employees | 436 | TotalNbrEmployees |
| Total Nbr Volunteers | 89 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 39592939 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 41513070 | ProgramServiceRevenueCY |
| Investment Income Prior Year | -156991 | InvestmentIncomePriorYear |
| Investment Income Current Year | 739391 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 75008 | OtherRevenuePriorYear |
| Other Revenue Current Year | 67814 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 39510956 | TotalRevenuePriorYear |
| Total Revenue Current Year | 42320275 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11386763 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11887509 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 50218351 | OtherExpensePriorYear |
| Other Expenses Current Year | 51208903 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 61605114 | TotalExpensesPriorYear |
| Total Expenses Current Year | 63096412 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -22094158 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -20776137 | RevenuesLessExpensesCY |
| Total Assets BOY | 425201469 | TotalAssetsBOY |
| Total Assets EOY | 409483506 | TotalAssetsEOY |
| Total Liabilities BOY | 483747688 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 482455003 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | -58546219 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | -72971497 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | IN THE SPIRIT OF THE FIFTH COMMANDMENT, AS ILLUMINATED BY THE TRADITIONS OF THE JEWISH PEOPLE, OUR MISSION IS TO HONOR OUR ELDERS, BY RESPECTING AND PROMOTING THEIR INDEPENDENCE, SPIRITUAL VIGOR, DIGNITY AND CHOICE, AND BY RECOGNIZING THAT THEY ARE A RESOURCE TO BE CHERISHED. AS PART OF OUR MISSION, WE ACCEPT SPECIAL RESPONSIBILITY FOR THE FRAILEST AND NEEDIEST MEMBERS OF OUR COMMUNITY WHO ARE MOST DEPENDENT ON OUR CARE. EVERYTHING WE DO FLOWS FROM THESE TENETS AND IS FURTHER INSPIRED BY THE DUTY OF TIKKUN OLAM-TO HEAL THE WORLD. WE SEEK TO FULFILL THIS MISSION BY: - PROVIDING A COMPLETE AND INTEGRATED SPECTRUM OF THE HIGHEST QUALITY HEALTH CARE AND HOUSING FACILITIES AND SERVICES FOR SENIORS - CONDUCTING MEDICAL AND SOCIAL GERONTOLOGICAL RESEARCH TO IMPROVE SENIORS' HEALTH AND QUALITY OF LIFE - TEACHING FUTURE GENERATIONS OF HEALTH CARE PROFESSIONALS - ADVOCATING FOR POLICIES AND PROGRAMS THAT BENEFIT SENIORS AND THEIR FAMILIES - PROVIDING NATIONAL AND INTERNATIONAL LEADERSHIP IN THE | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 27908442 | Expense |
| Grants | 0 | Grants |
| Revenue | 15995621 | Revenue |
| Description | Independent Living - When moving to NewBridge on the Charles, residents enjoy the freedom from home ownership, the convenience of services and amenities, and the flexibility to enjoy a wide range of activities. But perhaps the biggest benefit is peace of mind that comes with knowing they have a full spectrum of health care services and living accommodations as their needs change over time. This continuum of care extends from independent living to assisted living, to skilled rehabilitative and long-term nursing care - all in one community. A medical practice as well as home health care is provided on the campus. In our health care center, care is provided from an interdisciplinary team of specialists from Hebrew Rehabilitation Center/Hebrew SeniorLife - an internationally recognized leader in geriatric research, training and education. This team includes geriatricians/physicians and geriatric nurse practitioners, rehabilitation specialists, social workers, and certified nurse assistants, working together to ensure an individual's care plan is comprehensive and seamless. At NewBridge, it's all about building a lifestyle that best suits your preferences and needs. For example, if one spouse requires assistance with daily living while the other is independent, or, if both want to live independently but need specialized care or support, NewBridge offers home health care services and specialty outpatient clinics. Residents also have options when it comes to recuperative services in short- or long-term care. We offer residents priority and flexibility in helping them make decisions when they are faced with medical care issues. Independent Living NewBridge is a community designed for independent living, offering flexibility to residents who enjoy scheduling their own daily activities while knowing they can be spontaneous at any given moment. We continually offer new programs, workshops, and events as part of our commitment to lifelong learning. Our philosophy of lifelong learning goes hand in hand with our approach to providing a continuum of wellness - addressing the "whole person" and integrating the physical, emotional, and spiritual dimensions of aging. The Cottage Community at NewBridge is designed for older adults who value an active, independent lifestyle. Life in the Cottages offers a combination of private home living and close proximity to NewBridge's selection of programs, amenities, and activities. Cottage residents can select from three home models, each offering different finishes and floor plan choices. Homes range from 1,475 to 2,700 square feet. Some include a lower level, a loft, or both - increasing the living space up to 3,200 square feet. Homes also feature a private one- or two-car garage. Situated on a quiet, private setting, the Villas at NewBridge are conveniently accessible to the Community Center by an underground walkway or through the courtyard garden. The spacious interiors offer high ceilings, exceptional amenities, large windows, and underground parking. The two-bedroom villas, which are more intimate versions of our apartments, range in size from 1,589 to 1,800 square feet. Each villa is a corner residence to allow for plenty of light, with each home served by an elevator located in a lobby in the center of the building. For optimal convenience, the NewBridge Apartments are located within the Carl J. and Ruth Shapiro Community Center and two adjacent buildings. These homes offer cozy and innovative floor plans ranging in size from nearly 1,000 to just over 2,000 square feet. They feature gourmet kitchens, nine-foot ceilings, and expansive windows providing exceptional views of the meadows, gardens and courtyards. All apartments have access to underground parking spaces and spacious storage lockers, while other features include screened-in porches, fireplaces, and a great room | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 8810562 | Expense |
| Grants | 0 | Grants |
| Revenue | 8518450 | Revenue |
| Description | Assisted Living The Traditional Assisted Living Program at NewBridge is a key component of our Continuing Care Retirement Community (CCRC) providing the opportunity for those who wish to live in a supportive community or for current independent living residents to continue residing on our campus. In 51 traditional assisted living apartments, NewBridge fosters a deep sense of community and home away from home in a compassionate environment for seniors. At the core of this area is a full service dining room and library as well as activity and meeting rooms. In addition to providing personalized supportive services in a warm and inviting setting, our Traditional Assisted Living Program reflects the many services, programs and amenities unique to NewBridge on the Charles. For example, residents have plenty of opportunities to enjoy a wide range of lifelong learning activities, music and art presentations, wellness programs and multigenerational activities with students from the neighboring Rashi School. The Newbridge Memory Support Assisted Living Program is a nationally renowned model of comprehensive care designed to enhance cognitive and physical abilities in a safe environment. As a key component of the Assisted Living Program, there are 41 apartments on the NewBridge campus for those with dementia-related conditions. We offer an individualized care plan for each resident, focusing on therapies and approaches that are specific to each individual's strengths and needs throughout daily activities. One of the many benefits we offer is the convenience of not having to travel for medical appointments. Residents may choose to join our onsite primary care practice, located in the health care center. Our Harvard Medical School-affiliated geriatricians provide continuous, coordinated and seamless care. We Offer Special Services for Residents Requiring Memory Support Through our specialized approach for individuals who need memory support, we focus on encouragement, dignity, and creating feelings of success. Among our many benefits, we offer: - Individualized service plans - Private studio apartments with individual baths - Three nutritious "healthy mind" meals and snacks - Resident-secure entry and exit - Enclosed courtyard and gardens - Regularly scheduled enrichment and fitness programs - 24-hour professional resident care staff - On-site nursing staff - Incontinence care - Medication management | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 18820418 | Expense |
| Grants | 0 | Grants |
| Revenue | 16048217 | Revenue |
| Description | Recuperative Services Unit/SNF Hebrew Rehabilitation Center (HRC) at NewBridge - located in the Gloria Adelson Field Health Center - is a pioneering, state-of-the-art geriatric health care center that offers comprehensive short-term rehabilitative services, long-term care, and a memory care unit. Building on Hebrew SeniorLife's holistic approach to care, HRC serves as ground-breaking model in creating an optimal living environment and providing the types of services and programs that seniors best respond to physically and emotionally when in short- or long-term care. The private rooms and common living spaces resemble all the charm and coziness of home, providing plenty of natural light, warmth, and comfort. We offer the community access to an outstanding array of rehabilitation options through our Recuperative Services (RSU), a skilled nursing unit. On the NewBridge campus there are 48 beds for short-term rehabilitation care. Physicians representing dozens of medical specialties, as well as nurses and therapists, are available for consultation to ensure that every patient need is addressed. Our intake coordinator and case managers will screen the patient and either accept or deny admission. If the referral is accepted, we will arrange a transfer time with the appropriate case manager at the hospital. Most major insurances are accepted. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Other Program Service Exp | 563782 | TotalOfOtherProgramServiceExp |
| Total Of Other Program Service Grnt | 0 | TotalOfOtherProgramServiceGrnt |
| Total Of Other Program Service Rev | 950782 | TotalOfOtherProgramServiceRev |
| Total Program Service Expense | 56103204 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | false | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Subject To Proxy Tax | false | SubjectToProxyTax |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | false | CollectionsOfArt |
| Credit Counseling | true | CreditCounseling |
| Term Or Permanent Endowments | false | TermOrPermanentEndowments |
| Report Land Bldg Equip | true | ReportLandBldgEquip |
| Report Invest Oth Securities | false | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | true | ReportOtherLiabilities |
| Report Fin48 Footnote | false | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | true | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | false | ProfessionalFundraising |
| Fundraising Activities | false | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | true | TaxExemptBonds |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBonds |
| Escrow Account | false | EscrowAccount |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | false | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | false | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | true | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transaction Related Entity | false | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 54 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 436 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | false | QuidProQuoContributions |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 5 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 2 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | false | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | true | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | true | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicy |
| Whistleblower Policy | false | WhistleblowerPolicy |
| Document Retention Policy | false | DocumentRetentionPolicy |
| Compensation Process CEO | false | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Michael Hefron | NamePerson |
| Telephone Number | 7814349081 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5000 Great Meadow Road | AddressLine1 |
| City | Dedham | City |
| State | MA | State |
| ZIP Code | 02026 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | X | InfoInScheduleOPartVII |
Form990 Part VII Section A Form990PartVIISectionA (12 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| Len Fishman | ||||||||
| CEO | 14.0 | X | X | 0 | 845123 | 17523 | ||
| Jay L Webber | ||||||||
| Treasurer | 1.0 | X | X | 0 | 0 | 0 | ||
| Jennifer Silver | ||||||||
| Chair | 1.0 | X | X | 0 | 0 | 0 | ||
| Jim Hart | ||||||||
| CFO and Secretary | 14.0 | X | X | 0 | 300909 | 18743 | ||
| Lou Woolf | ||||||||
| President | 14.0 | X | X | 0 | 448845 | 63743 | ||
| Alessandra de Vaca | ||||||||
| Chief Administrative Officer | 5.0 | X | 0 | 206608 | 18127 | |||
| Mary Moscato | ||||||||
| President, HSL Health Care Svc | 10.0 | 0 | 0 | 0 | X | |||
| Stephen Colwell | ||||||||
| Executive Director | 50.0 | 152837 | 0 | 3437 | X | |||
| Michael Hefron | ||||||||
| Finance Director | 50.0 | 120424 | 0 | 13766 | X | |||
| Barbara Rissman | ||||||||
| Executive Director, Asst Livng | 50.0 | 115790 | 0 | 16194 | X | |||
| Rhonda Glyman | ||||||||
| Assoc. Exec. Dir, Indepdt Lvng | 50.0 | 101321 | 0 | 2379 | X | |||
| FRANCIS X HINCKLEY | ||||||||
| CHIEF INFORMATION OFFICER | 15.0 | 0 | 205118 | 18087 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 490372 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 2006603 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 171999 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | NONE | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Of Contractor | AddressOfContractor |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Total Contributions | 0 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| Independent Living monthly fees | 623000 | 12471662 | 12471662 |
| Assisted Living monthly fees | 623000 | 8518450 | 8518450 |
| HEALTH CARE CENTER | 623000 | 16048217 | 16048217 |
| Earned Entrance Fees | 623000 | 3523959 | 3523959 |
| Culinary | 623000 | 348271 | 348271 |
Total Oth Program Service Revenue TotalOthProgramServiceRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 602511 | TotalRevenueColumn |
| Related Or Exempt Function Income | 602511 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 41513070 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3979 | TotalRevenueColumn |
| Exclusion | $3,979 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 735412 | TotalRevenueColumn |
| Exclusion | $735,412 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 67814 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 67814 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 67814 | TotalRevenueColumn |
| Exclusion | $67,814 | ExclusionAmount |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 0 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 42320275 | TotalRevenueColumn |
| Related Or Exempt Function Income | 41513070 | RelatedOrExemptFunctionIncome |
| Exclusion | $807,205 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8997468 | Total |
| Program Services | 8084163 | ProgramServices |
| Management And General | 913305 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2890041 | Total |
| Program Services | 2470694 | ProgramServices |
| Management And General | 419347 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1431128 | Total |
| Management And General | 1431128 | ManagementAndGeneral |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 66849 | Total |
| Management And General | 66849 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82350 | Total |
| Management And General | 82350 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1739833 | Total |
| Program Services | 1653541 | ProgramServices |
| Management And General | 86292 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 193092 | Total |
| Program Services | 120750 | ProgramServices |
| Management And General | 72342 | ManagementAndGeneral |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 528079 | Total |
| Management And General | 528079 | ManagementAndGeneral |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | -112746 | Total |
| Program Services | -331482 | ProgramServices |
| Management And General | 218736 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 190691 | Total |
| Program Services | 186578 | ProgramServices |
| Management And General | 4112 | ManagementAndGeneral |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4251 | Total |
| Management And General | 4251 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12697099 | Total |
| Program Services | 12697099 | ProgramServices |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 19804866 | Total |
| Program Services | 18480623 | ProgramServices |
| Management And General | 1324243 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 286234 | Total |
| Management And General | 286234 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| Skilled Nursing Facility | 9825680 | 9825680 | |
| Food and Beverage Cost | 1568291 | 1544480 | 23811 |
| Shared Services Affiliate | 1532128 | 1532128 | |
| Real Estate Taxes | 1371078 | 1371078 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 63096412 | Total |
| Program Services | 56103204 | ProgramServices |
| Management And General | 6993207 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4587113 | BOY |
| EOY | 6687273 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39812069 | BOY |
| EOY | 40906620 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 439108 | BOY |
| EOY | 378821 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 47289 | BOY |
| EOY | 47988 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 86615 | BOY |
| EOY | 101983 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 410350393 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 59802682 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 367825281 | BOY |
| EOY | 350547711 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12403994 | BOY |
| EOY | 10813110 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 425201469 | BOY |
| EOY | 409483506 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7128436 | BOY |
| EOY | 8798690 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 281060000 | BOY |
| EOY | 279985000 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 606282 | BOY |
| EOY | 639705 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194952970 | BOY |
| EOY | 193031608 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 483747688 | BOY |
| EOY | 482455003 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -58546219 | BOY |
| EOY | -72971497 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -58546219 | BOY |
| EOY | -72971497 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 425201469 | BOY |
| EOY | 409483506 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -20776137 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 6350859 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
| Audit Committee | true | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 2691050 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 21622870 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 39592939 | CurrentTaxYearMinus1Year |
| Current Tax Year | 41513070 | CurrentTaxYear |
| Total | 105419929 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | 2691050 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 21622870 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 39592939 | CurrentTaxYearMinus1Year |
| Current Tax Year | 41513070 | CurrentTaxYear |
| Total | 105419929 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 105419929 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 504950 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 281827 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 873440 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 836891 | CurrentTaxYearMinus1Year |
| Current Tax Year | 807205 | CurrentTaxYear |
| Total | 3304313 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 504950 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 281827 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 873440 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 836891 | CurrentTaxYearMinus1Year |
| Current Tax Year | 807205 | CurrentTaxYear |
| Total | 3304313 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 504950 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2972877 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 22496310 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 40429830 | CurrentTaxYearMinus1Year |
| Current Tax Year | 42320275 | CurrentTaxYear |
| Total | 108724242 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.96961 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.96190 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.03039 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.03810 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Agent Trustee Etc | false | AgentTrusteeEtc |
| Included On FS | true | IncludedOnFS |
| Current Year Minus3 Years | CurrentYearMinus3Years |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 18158924 | OtherCostOrOtherBasis |
| Book Value | 18158924 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 216295603 | OtherCostOrOtherBasis |
| Depreciation | 17487787 | Depreciation |
| Book Value | 198807816 | BookValue |
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 528148 | OtherCostOrOtherBasis |
| Depreciation | 31367 | Depreciation |
| Book Value | 496781 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 91833134 | OtherCostOrOtherBasis |
| Depreciation | 19670617 | Depreciation |
| Book Value | 72162517 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 83534584 | OtherCostOrOtherBasis |
| Depreciation | 22612911 | Depreciation |
| Book Value | 60921673 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 350547711 | TotalOfBookValueLandBuildings |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
Other Liabilities OtherLiabilities (4 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| NON-REFUNDABLE ENTRANCE FEES | $19,230,668 |
| REFUNDABLE ENTRANCE FEES | $171,236,653 |
| INTEREST RATE SWAP | $2,103,742 |
| ENTRANCE FEE DEPOSITS | $460,544 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 193031608 | TotalOfAmounts |
| Total Revenue | 42320275 | TotalRevenue |
| Total Expenses | 63096412 | TotalExpenses |
| Excess Or Deficit For Year | -20776137 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | -20776137 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 48671133 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | 6350858 | OtherRevenues |
| Revenue Not Rptd F990 | 6350858 | RevenueNotRptdF990 |
| Revenue Subtotal | 42320275 | RevenueSubtotal |
| Total Revenue Per Form990 | 42320275 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 63096412 | TotExpensesEtcAuditedFinclStmt |
| Expenses Subtotal | 63096412 | ExpensesSubtotal |
| Total Expenses Per Form990 | 63096412 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | ASC 740 DISCLOSURE | Identifier |
| Return Reference | SCH D, PART X, LINE 2 | ReturnReference |
| Explanation | NEWBRIDGE ON THE CHARLES' FINANCIAL STATEMENTS DO NOT INCLUDE A FOOTNOTE RELATED TO ASC 740. ESCROW LIABILITY PART X, LINE 21 IN ACCORDANCE WITH MASSACHUSETTS LAW, LAST MONTH RENT DEPOSITS FOR THE ASSISTED LIVING RESIDENTS ARE HELD IN ESCROW. INTEREST RATE SWAP PART XII, LINE 2D THIS AMOUNT REFLECTS AN INTEREST RATE SWAP. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | true | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (6 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Len Fishman | |||||||||||||
| 0 | 461174 | 0 | 225809 | 0 | 158140 | 0 | 4900 | 0 | 12623 | 0 | 862646 | 0 | 0 |
| Alessandra de Vaca | |||||||||||||
| 0 | 206548 | 0 | 0 | 0 | 60 | 0 | 4284 | 0 | 13843 | 0 | 224735 | 0 | 0 |
| Jim Hart | |||||||||||||
| 0 | 278419 | 0 | 22400 | 0 | 90 | 0 | 4900 | 0 | 13843 | 0 | 319652 | 0 | 0 |
| Lou Woolf | |||||||||||||
| 0 | 448707 | 0 | 0 | 0 | 138 | 0 | 49900 | 0 | 13843 | 0 | 512588 | 0 | 0 |
| Stephen Colwell | |||||||||||||
| 152747 | 0 | 0 | 0 | 90 | 0 | 3071 | 0 | 366 | 0 | 156274 | 0 | 0 | 0 |
| FRANCIS X HINCKLEY | |||||||||||||
| 0 | 205028 | 0 | 0 | 0 | 90 | 0 | 4248 | 0 | 13839 | 0 | 223205 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Supplemental Compensation Information | Identifier |
| Return Reference | SCHEDULE J, PART I, LINE 1A | ReturnReference |
| Explanation | Len Fishman, CEO, receives a housing allowance provided by Hebrew SeniorLife. It is treated as a taxable item, reported as wages per his Form W-2. Mr. Fishman flew first class to China to consult with Chinese organizations considering the development of similar rehabilitation institutions in China. Schedule J, Part I, Line 3 Newbridge on the Charles, Inc. relies upon Hebrew SeniorLife as the parent organization to establish the compensation of the organizations' CEO, President and CFO. HSL utilizes the following in establishing such compensation: Compensation committee Written employment contract Independent compensation consultant Compensation survey or study Approval by the board or compensation committee Schedule J, Part III, line 4b Lou Woolf, president of HSL, participated in a 457(f) supplemental retirement plan, that included $45,000 of employer contributions during the year. This amount is included in the deferred compensation section shown in Part VII. | Explanation |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MASS HEALTH & EDUCATION FACILITIES AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 042456011 | IssuerEIN |
| CUSIP Number | 57583RTQ8 | CUSIPNumber |
| Date Issued | 2007-12-19 | DateIssued |
| Issue Price | 457075000 | IssuePrice |
| Description Of Purpose | see Schedule O | DescriptionOfPurpose |
| Defeased | false | Defeased |
| On Behalf Of Issuer | false | OnBehalfOfIssuer |
| Pool Financing | false | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 0 | AmountRetired |
| Amount Bond Defeased | 0 | AmountBondDefeased |
| Total Proceeds | 463238677 | TotalProceeds |
| Amount In Reserve Fund | 17539186 | AmountInReserveFund |
| Capitalized Interest | 0 | CapitalizedInterest |
| Refunding Escrow | 0 | RefundingEscrow |
| Issuance Costs From Proceeds | 6273654 | IssuanceCostsFromProceeds |
| Credit Enhancement | 0 | CreditEnhancement |
| Working Capital Expenditures | 0 | WorkingCapitalExpenditures |
| Capital Expenditures | 439425837 | CapitalExpenditures |
| Other Spent Proceeds | 0 | OtherSpentProceeds |
| Amount Unspent | 0 | AmountUnspent |
| Year Of Subst Completion | 2009 | YearOfSubstCompletion |
| Current Refunding | false | CurrentRefunding |
| Advance Refunding | false | AdvanceRefunding |
| Final Allocation Made | true | FinalAllocationMade |
| Adequate Books And Recds Maintaind | true | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | false | OwningBondFinancedProperty |
| Any Lease Arrangements | true | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | true | MngmentCntrctBondFinancdPrprty |
| Engage Bond Counsel Contracts | false | EngageBondCounselContracts |
| Any Research Agreements | false | AnyResearchAgreements |
| Engage Bond Counsel Research | true | EngageBondCounselResearch |
| Prcntge Prvt Business Use By Others | 0.00210 | PrcntgePrvtBusinessUseByOthers |
| Total Private Business Use | 0.00210 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | false | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | false | Form8038TFiled |
| Variable Rate Issue | true | VariableRateIssue |
| Hedge Identified In Books And Recds | true | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANK OF AMERICA | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 3. | TermOfHedge |
| Superintegrated Hedge | false | SuperintegratedHedge |
| Hedge Terminated | false | HedgeTerminated |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGIC |
Name Of GIC Provider NameOfGICProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | 0 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Proceeds Invested | false | GrossProceedsInvested |
| Exception To Rebate | false | ExceptionToRebate |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Description of Negative Assets | Form 990, Part I, Line 22 | At September 30, 2012, NewBridge on the Charles had a negative accumulated net asset balance of $( 72,971,497). NewBridge on the Charles operates a Continuing Care Retirement Community (CCRC). It is the nature of CCRC organizations to have negative net asset balances because of the nature of their financing. When new residents move into a CCRC, they pay an entrance fee that is 50-90% (generally 90%) refundable at the termination of the contract. The CCRC holds those funds in its reserves and records a liability for both the refundable and the non-refundable portions of the entrance fee. The non-refundable portion of the entrance fee is then amortized into income based on the expected remaining actuarial life of the resident. Refundable amounts are paid to the previous resident after their unit has been re-occupied by a new resident. The business model for CCRCs treats these entrance fees as the equity contribution of each of the residents in the project. Refundable entrance fees turn over but are not amortized or otherwise paid down. However, because the "equity" contribution from an individual resident is not permanent and is repayable from the proceeds of the entrance fee from the subsequent resident, accounting rules require that these amounts be shown as liabilities. At 9/30/12 NewBridge on the Charles had liabilities on its balance sheet of $171,236,653 and $19,230,668 for refundable and non-refundable entrance fees, respectively. These liabilities do not impact cash flows or covenant calculations on existing creditor agreements for NewBridge on the Charles. Description of Classes of Members or Stockholders Form 990, Part VI, Question 6 HEBREW SENIORLIFE, INC. IS THE SOLE CORPORATE MEMBER OF NEWBRIDGE ON THE CHARLES AND PROVIDES MANAGEMENT OVERSIGHT AND FUNDRAISING SERVICES TO NEWBRIDGE AND TO ITS OTHER AFFILIATES. THE HEBREW SENIORLIFE BOARD ELECTS THE MEMBERS OF THE NEWBRIDGE BOARD OF DIRECTORS. Description of Classes of Persons and the Nature of Their Rights Form 990, Part VI, Question 7a THE HEBREW SENIORLIFE BOARD CHAIR APPOINTS THE MEMBERS OF THE NEWBRIDGE ON THE CHARLES, INC. BOARD OF DIRECTORS WITH THE ADVICE AND CONSENT OF THE HEBREW SENIORLIFE BOARD MEMBERS. Descr Classes of Persons, Decisions Requiring Appr & Type of Voting Rights Form 990, Part VI, Question 7b DECISIONS INVOLVING MAJOR CHANGES IN ORGANIZATION, DEBT PLACEMENT, SALE OF ASSETS, ETC. ARE ALSO SUBJECT TO APPROVAL BY HEBREW SENIORLIFE'S BOARD. Ultimately, governance of the corporation rests with the Board of Directors of the company's sole corporate member, Hebrew SeniorLife, Inc. |
| Describe the Process used by Management &/or Governing Body to Review 990 | Form 990, Part VI, Question 11 | PREPARATION OF THE FORM 990 BEGINS INTERNALLY WITH HEBREW SENIORLIFE AND AFFILIATES STAFF AND ERNST & YOUNG PREPARING THE FORM WITH INPUT PROVIDED BY HEBREW SENIORLIFE. ALL FORMS 990 AND 990T OF THE AFFILIATES OF HEBREW SENIORLIFE, INC. (HSL IS THE SOLE CORPORATE MEMBER OF EACH AFFILIATE) WILL BE REVIEWED PRIOR TO FILING BY THE AUDIT COMMITTEE OF HEBREW SENIORLIFE, INC. SUBSEQUENT TO SUCH REVIEW AND PRIOR TO FILING COPIES WILL BE PROVIDED TO THE APPROPRIATE GOVERNING BOARD OF DIRECTORS FOR EACH AFFILIATE. THE GOVERNING BOARDS WILL HAVE 5 DAYS TIME IN WHICH TO REVIEW THE FULL AND ACCURATE RETURNS PRIOR TO THEIR FILING. |
| Description of Process to Monitor Transactions for Conflicts of Interest | Form 990, Part VI, Question 12c | The conflicts of interest policy is rigorously monitored by the conflicts review committee of the Board of Directors. This involves annually mailing a conflicts disclosure form to all members of the Board of Directors, Board committees and senior management. This committee reviews signed disclosure forms and identifies potential conflicts. The committee discusses the potential conflict with the Interested Person and receives any additional information pertaining to the potential conflict. The Interested Person leaves the committee room, the committee deliberates and reaches a conclusion regarding the potential conflict and makes a recommendation to the Board. The recommendation of the committee shall be determined given (i) that a more advantageous transaction or arrangement is not reasonably attainable under circumstances not giving rise to a conflict of interest, (ii) that the transaction or arrangement is in the best interest of the Organization and for its own benefit, and (iii) that the transaction or arrangement is fair and reasonable to the Organization. Based on these recommendations made by the conflicts review committee, the entire Board, excluding the Interested Person, will make the final determination to authorize the transaction giving rise to the potential conflict of interest. If either the conflicts review committee or the Board of Directors has reasonable cause to believe an Interested Person has failed to disclose actual or possible conflicts of interest, the Interested Person shall be notified and allowed an opportunity to explain the alleged failure to disclose. Following such discussion, the committee or board shall deliberate and determine if a failure to disclose has occurred and shall take appropriate corrective action. |
| Offices & Positions for Which Process was Used, & Year Process was Begun | Form 990, Part VI, Question 15a and 15b | THE COMPENSATION COMMITTEE OF THE Hebrew Seniorlife BOARD, WITH THE ASSISTANCE OF INDEPENDENT, EXPERT CONSULTANTS, HAS REVIEWED THE CEO'S TOTAL COMPENSATION, THE PRESIDENT'S TOTAL COMPENSATION AND THE COMPENSATION OF ALL OFFICERS AND KEY EMPLOYEES AS WELL AS HIGHLY COMPENSATED (>$150,000) EMPLOYEES OF HSL AND ITS AFFILIATES. THIS PROCESS WAS LAST PERFORMED IN FISCAL YEAR 2012. THE FULL HSL BOARD FURTHER REVIEWED AND APPROVED THE COMPENSATION OF THE OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES OF HSL AND ITS AFFILIATES. ALL OF THESE COMMITTEE MEMBERS ARE INDEPENDENT DIRECTORS. DOCUMENTATION AND RECORDS OF COMPENSATION COMMITTEE MEETINGS ARE MAINTAINED WITH RESPECT TO DELIBERATIONS AND COMPENSATION DECISIONS. |
| Avail of Gov Docs, Conflict of Interest Policy, & Fin Stmts to Gen Public | Form 990, Part VI, Question 19 | GOVERNING DOCUMENTS ARE AVAILABLE AT THE COMM OF MASS WEBSITE. THESE AND CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE UPON REQUEST AT THE OFFICES OF HSL AT 1200 CENTRE ST. BOSTON, MA 02131. WE HAVE ALSO RESPONDED TO TELEPHONE AND EMAIL REQUESTS FOR DOCUMENTS. AVERAGE HOURS PER WEEK DEVOTED TO THIS ORGANIZATION AND RELATED COMPANIES Form 990, Part VII, SECTION A NAME THIS ORGANIZATION OTHER AFFILIATES TOTAL ALESSANDRA DE VACA 5 45 50 JAMES D. HART 14 36 50 LEN FISHMAN 14 36 50 LOUIS J. WOOLF 14 36 50 MARY MOSCATO 10 40 50 FRANCIS X. HINCKLEY 15 35 50 JAY L. WEBBER 1 3.5 4.5 JENNIFER SILVER 1 3.5 4.5 |
| Other Changes in Net Assets | FORM 990, PART XI, LINE 5 | CHANGE IN VALUE OF INTEREST RATE SWAP - $6,350,859 |
| Purpose of Bonds | Schedule K, Part 1F | DURING DECEMBER 2007, NEWBRIDGE ISSUED $457,075,000 OF TAX-EXEMPT BONDS TO PAY FOR PROJECT CONSTRUCTION AND OTHER PROJECT-RELATED COSTS. PROCEEDS OF THE TAX-EXEMPT BONDS WERE USED TO REPAY THE $75,000,000 LOAN FROM THE LENDERS, PAY FOR CERTAIN ISSUANCE COSTS, PAY FOR THE PORTION OF THE HSL DEVELOPMENT FEE WHICH WAS DUE, AND ESTABLISH CERTAIN FUNDS, INCLUDING THE PROJECT FUND AND THE DEBT SERVICE FUND. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (9 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| HEBREW SENIORLIFE INC | ||||||||||
| 1200 CENTRE STREET | BOSTON | MA | 02131 | 900183119 | MGMT SERVICE | MA | 501(C)(3) | 7 | NA | false |
| HRCA SENIOR HOUSING INC | ||||||||||
| 640 NORTH MAIN STREET | RANDOLPH | MA | 02368 | 042765428 | ELDER HOUSING | MA | 501(C)(3) | 9 | HSL | true |
| CENTER COMMUNITIES OF BROOKLINE INC | ||||||||||
| 100 CENTRE STREET | BROOKLINE | MA | 02446 | 010569404 | ELDER HOUSING | MA | 501(C)(3) | 9 | HSL | true |
| HRCA BROOKLINE HOUSING 112-120 CENTRE | ||||||||||
| 112-120 CENTRE STREET | BROOKLINE | MA | 02446 | 030372998 | ELDER HOUSING | MA | 501(C)(3) | 9 | HSL | true |
| HRCA BROOKLINE HOUSING 1550 BEACON | ||||||||||
| 1550 BEACON STREET | BROOKLINE | MA | 02446 | 010569403 | ELDER HOUSING | MA | 501(C)(3) | 9 | HSL | true |
| HRCA HOUSING FOR ELDERLY INC | ||||||||||
| 420 REVERE BEACH BOULEVARD | REVERE | MA | 02151 | 042543731 | ELDER HOUSING | MA | 501(C)(3) | 9 | HSL | true |
| ORCHARD COVE INC | ||||||||||
| ONE DEL POND DRIVE | CANTON | MA | 02021 | 223080006 | CONT. CARE | MA | 501(C)(3) | 9 | HSL | true |
| HRCA BROOKLINE HOUSING 108 CENTRE | ||||||||||
| 1200 CENTRE STREET | BOSTON | MA | 02131 | 810612222 | ELDER HOUSING | MA | 501(C)(3) | 9 | HSL | true |
| HEBREW REHABILITATION CENTER | ||||||||||
| 1200 CENTRE STREET | BOSTON | MA | 02131 | 042104298 | HOSPITAL | MA | 501(C)(3) | 3 | HSL | true |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | false | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | false | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | false | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | true | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | false | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | false | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | false | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | true | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | false | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | false | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | true | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | false | SharingOfFacilities |
| Sharing Of Paid Employees | false | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | true | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | true | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | false | OtherTransferToOtherOrg |
| Other Transfer From Other Org | false | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (7 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| Hebrew SeniorLife Inc | ||
| l | 1268541 | ACTUAL |
| Hebrew SeniorLife Inc | ||
| o | 1118260 | ACTUAL |
| Hebrew Rehabilitation Center | ||
| i | 6884262 | ACTUAL |
| Hebrew Rehabilitation Center | ||
| l | 661725 | ACTUAL |
| Hebrew Rehabilitation Center | ||
| p | 5209582 | ACTUAL |
| Hebrew Rehabilitation Center | ||
| o | 2189795 | ACTUAL |
| Hebrew Rehabilitation Center | ||
| r | 8450181 | ACTUAL |
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