2013-11-14T11:38:22-06:00 2012-12-31 420714325 MCGLADREY LLP 80 CITY SQUARE BOSTON MA 021293742 990 2012-01-01 042706070 LOOMIS COMMUNITIES INC LOOM 4135325325 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 MARGARET MANTONI 4135325325 2013-11-14 1 LYNNE JOHNSON P00757336 6179129000 2012 2016-02-24 21:20:13Z DAVID W SCRUGGS 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 16197069 0 X WWW.LOOMISCOMMUNITIES.ORG X 1983 MA TO PROVIDE INDEPENDENT AND ASSISTED LIVING TO SENIORS. 14 14 0 14 0 0 75113 67488 9837681 14346554 619694 1184614 280351 477278 10812839 16075934 20771 6052 0 0 5495106 7274573 0 0 12163 5983162 8674784 11499039 15955409 -686200 120525 51644893 67989704 48626690 78135219 3018203 -10145515 X THE MISSION OF THE LOOMIS ORGANIZATION IS TO ENRICH THE LIVES OF SENIORS BY PROVIDING A CONTINUUM OF HIGH QUALITY SERVICES WHICH PROMOTES INDEPENDENCE AND MEETS THE CHANGING NEEDS OF PEOPLE THROUGHOUT THE AGING PROCESS. 0 0 1785302 2259795 LOOMIS HOUSE RETIREMENT COMMUNITY PROVIDES INDEPENDENT AND ASSISTED LIVING HOUSING FOR THE ELDERLY. THE COMMUNITY CONSISTS OF 64 INDEPENDENT LIVING UNITS AND 13 ASSISTED LIVING UNITS. 4669780 3000 6418322 LOOMIS VILLAGE PROVIDES INDEPENDENT AND ASSISTED LIVING HOUSING FOR THE ELDERLY. THE RETIREMENT COMMUNITY CONSISTS OF 38 COTTAGE-STYLE VILLA UNITS, 96 INDEPENDENT LIVING UNITS AND 25 ASSISTED LIVING UNITS. 2017073 3052 1208698 LOOMIS CORPORATE MANAGEMENT PROVIDES MANAGERIAL AND ADMINISTRATIVE SERVICES TO RELATED ENTITIES. 2978963 4576768 PIONEER VALLEY LIVING CARE CENTER AT AMHERST, INC. PROVIDES HOUSING, HEALTH CARE AND OTHER RELATED SERVICES THROUGH THE OPERATIONS OF A LIFE CARE RETIREMENT FACILITY CONSISTING OF 103 INDEPENDENT LIVING UNITS. 0 0 WRIGHT CHARITIES CORP. PROVIDES FINANCIAL ASSISTANCE TO ELDERLY PERSONS OF EASTHAMPTON, SOUTHAMPTON, OR WESTHAMPTON, MASSACHUSETTS, WHO OTHERWISE MEET ENTRANCE REQUIREMENTS, TO RESIDE AT THE LOOMIS HOUSE RETIREMENT COMMUNITY. 2978963 4576768 11451118 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X DAVID SCRUGGS 4135325325 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 GALE MCGLUNG 1.00 2.00 X 0 0 0 NANCY EDDY 1.00 2.00 X 0 0 0 WAYNE GASS 1.00 2.00 X 0 0 0 NORMAN HALPERN 1.00 2.00 X 0 0 0 DAVID HEALEY 1.00 2.00 X 0 0 0 GREG SHEEHAN 1.00 2.00 X 0 0 0 SARA LAWRENCE 1.00 2.00 X 0 0 0 ANN MCINTOSH 1.00 2.00 X 0 0 0 MEGHAN SULLIVAN 1.00 2.00 X 0 0 0 VENUS ROBINSON 2.00 4.00 X 0 0 0 THOMAS SENECAL 1.00 2.00 X 0 0 0 KAY SORDILLO 2.00 4.00 X 0 0 0 MARY-ANNE STEARNS 1.00 2.00 X 0 0 0 JOAN STEIGER 1.00 2.00 X 0 0 0 PHYLLIS CAPERS 1.00 2.00 X 0 0 0 GWENDOLYN JONES BOISSEAU 1.00 2.00 X 0 0 0 ROBERT POTASH 1.00 2.00 X 0 0 0 RICHARD WHITING JR 1.00 2.00 X 0 0 0 CAROL C KATZ 20.00 20.00 X 485617 0 20541 MARGARET R MANTONI 20.00 20.00 X 174975 0 21579 PETER CONNOR 2.00 4.00 X 0 0 0 KAREN JACKSON 40.00 0.00 X 158596 0 16838 819188 0 58958 3 0 1 0 SODEXHO INC PO BOX 360170 PITTSBURG PA 15251 FOOD SERVICE 1245388 MOUNTAINVIEW LANDSCAPING & LAWNCARE 67 OLD JAMES STREET CHICOPEE MA 01020 LANDSCAPING SERVICES 218463 SECURITAS SECURITY SERVICES INC 2 CAMPUS DRIVE PARSIPPANY NJ 07054 SECURITY SERVICE 186417 B&G MECHANICAL SERVICES 12 SECOND AVENUE CHICOPEE MA 01020 MECHANCIAL SERVICES 166249 GUENETTE PAINTING 401 ALVORD PLACE SOUTH HARDLEY MA 01075 PAINTING SERVICES 112974 6 67488 67488 RESIDENT SERVICES 623000 11863987 11863987 AMORTIZATION OF ENTRANCE FEES 623990 1273869 1273869 MANAGEMENT FEES 561000 1208698 1208698 14346554 411403 411403 894346 0 121135 894346 -121135 773211 773211 HOME CARE INCOME 623990 117029 117029 MEALS 722210 100289 100289 GUEST ROOM 721000 47160 47160 212800 212800 477278 16075934 14463583 0 1544863 3052 3052 3000 3000 878146 878146 5380132 4318486 1061646 77961 53669 24292 486744 408558 78186 451590 339731 111859 52284 52284 39981 39981 154462 111828 42634 750403 205754 544649 148425 148425 51834 11862 39972 1200209 1200209 31617 6918 24699 1142715 1142715 2329373 2329373 283075 4467 278608 OUTSIDE LABOR 943272 943272 FOOD 762575 762575 RESIDENT MEDICAL CARE 344118 344118 SUPPLIES AND EQUIPMENT 140361 140361 300080 263885 24032 12163 15955409 11451118 4492128 12163 1049 3904908 1188530 0 131394 213526 133489 210179 65282393 28417084 26546266 36865309 12749276 14632514 10894889 12163268 51644893 67989704 1653378 1864037 30202025 55880842 11767900 18459900 5003387 1930440 48626690 78135219 X -735910 -14242591 1063572 1334152 2690541 2762924 3018203 -10145515 51644893 67989704 X 120525 546201 -13830444 X 0 1 X 1 0 X 85379 1030573 60980 75113 67488 1319533 9191571 9959141 10364376 10020535 14463583 53999206 9276950 10989714 10425356 10095648 14531071 55318739 0 0 0 55318739 720284 452519 356673 350394 411403 2291273 720284 452519 356673 350394 411403 2291273 278136 99034 103080 102109 360249 942608 10275370 11541267 10885109 10548151 15302723 58552620 0.94480 0.93080 0.03910 0.05350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7602097 760212 941868 41205 9262972 7844415 -216544 25774 7602097 8010585 21800 579273 767243 7844415 8270127 1030241 1289783 8010585 10250657 104122 -2029305 55347 8270127 0.72270 0.18030 0.09700 0 1 0 2472612 2472612 57129679 24728111 32401568 4216643 3224111 992532 1463459 464862 998597 36865309 DEFERRED EXPENSES, NET OF ACCUMULATED AMORTIZATION 1144536 DUE FROM LOOMIS SENIOR LIVING, INC. 5392620 ASSET LIMITED AS TO USE 3813025 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 1142731 DUE FROM LOOMIS HOUSE, INC. 670356 12163268 LIABILITY UNDER CHARITABLE GIFT ANNUITIES 129494 DUE TO LOOMIS HOUSE, INC. 1447466 REFUNDABLE DEPOSITS 353480 1930440 X DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS IS TO PROVIDE FINANCIAL SUPPORT TO RESIDENTS IN NEED OF ASSISTANCE, TO PROVIDE FUNDS FOR CAPITAL IMPROVEMENTS TO THE FACILITIES, AND TO OFFSET LOSSES IN PROGRAMS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION FOLLOWS THE FASB ASC 740, "INCOME TAXES", WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. MANAGEMENT BELIEVES THE ORGANIZATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2009. THE ORGANIZATION WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF TAX EXPENSE. X X X 1 0 0 1 1 1 1 0 0 CAROL C KATZ 199736 0 0 0 285881 0 6384 0 14157 0 506158 0 0 0 MARGARET R MANTONI 165179 0 9520 0 276 0 5424 0 16155 0 196554 0 0 0 KAREN JACKSON 143719 0 14140 0 737 0 4681 0 12157 0 175434 0 0 0 PART I, LINE 4A CAROL KATZ, PRESIDENT & CEO OF LOOMIS COMMUNITIES, RECEIVED A SEVERANCE PAYMENT OF $285,089 WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 5 THE VARIABLE COMPENSATION PACKAGE FOR THE CEO, CFO, DIRECTOR OF OPERATIONS, MARKETING DIRECTOR, DEVELOPMENT DIRECTOR AND THE ADMINISTRATORS INCLUDE A PERCENTAGE FOR ACHIEVING BUDGETS, WHICH HAVE A REVENUE COMPONENT TO THEM. THE COMPENSATION IS NOT TIED DIRECTLY TO REVENUE ON ITS OWN. PART I, LINE 6 THE VARIABLE COMPENSATION PACKAGE FOR THE CEO, CFO, DIRECTOR OF OPERATIONS, MARKETING DIRECTOR, DEVELOPMENT DIRECTOR AND THE ADMINISTRATORS INCLUDE A PERCENTAGE FOR ACHIEVING BUDGETS, WHICH ARE BASED ON NET EARNINGS. THE COMPENSATION IS NOT TIED DIRECTLY TO NET EARNINGS ON ITS OWN. GOSS & MCLAIN INSURANCE AGENCY INC FORMER BOARD MEMBER OF LOOMIS COMMUNITIES IS AN OFFICER OF INSURANCE POLICY 257630 INSURANCE POLICY 0 FORM 990, PART VI, SECTION A, LINE 6 THERE ARE 93 MEMBERS OF THE CORPORATION, KNOWN AS CORPORATORS (PER THE BYLAWS, THERE IS NO LIMIT TO THE POTENTIAL NUMBER OF CORPORATORS). FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATORS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING OF THE CORPORATION EACH MAY. THERE ARE 15 MEMBERS OF THE BOARD OF DIRECTORS (PER THE BYLAWS, THERE MAY BE BETWEEN 5 AND 20 BOARD MEMBERS). FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS HAVE DECISION-MAKING AND VOTING AUTHORITY ON ISSUES INCLUDING BUT NOT LIMITED TO THE FOLLOWING: HIRING OR TERMINATING THE CEO; ESTABLISHING SALARY AND BENEFITS FOR THE CEO; APPROVING OPERATING AND CAPITAL BUDGETS AND EXPENDITURES; ENGAGING AN INDEPENDENT AUDITOR TO CONDUCT AN ANNUAL AUDIT; REVIEWING AND APPROVING THE AUDIT; ESTABLISHING, REVIEWING, AND APPROVING POLICIES; ESTABLISHING AND APPROVING STRATEGIC PLANS; AND CONDUCTING ALL OTHER BUSINESS AS IS DEEMED APPROPRIATE FOR THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND BY THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. ANY PERTINENT COMMENTS OR RECOMMENDATIONS ARE PRESENTED BY THOSE COMMITTEES TO THE FULL BOARD. EACH MEMBER OF THE BOARD RECEIVES A COPY OF THE FORM 990; AND IT IS POSTED ON THE ORGANIZATION'S WEB SITE FOR ACCESS BY MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C IN MAY OF EACH YEAR, FOLLOWING THE ANNUAL MEETING, EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY, AND A FORM ON WHICH TO INDICATE ANY KNOWN OR POTENTIAL CONFLICTS OR DUALITIES OF INTEREST. BOARD MEMBERS ARE ASKED TO SIGN THE POLICY ITSELF, AND TO COMPLETE THE FORM REQUESTING ANY CONFLICTS OR DUALITIES. AT THE BOARD OF DIRECTORS MEETING IN JUNE OF EACH YEAR, EACH BOARD MEMBER RECEIVES A COPY OF EVERY OTHER BOARD MEMBER'S SIGNED FORMS; IF THERE ARE ANY CONFLICTS OR DUALITIES, THEY ARE DISCLOSED TO THE FULL BOARD. IF THERE IS A BOARD MEMBER WITH A CONFLICT RELATED TO A PARTICULAR DISCUSSION OR VOTE, THAT BOARD MEMBER EXCUSES HIM OR HERSELF FROM THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW OF THE CEO, BOTH FOR PERFORMANCE AND FOR COMPENSATION. THE CEO SUBMITS A SELF-EVALUATION AND REPORTS ON ACHIEVEMENT OF GOALS ESTABLISHED FOR THE PRIOR YEAR; ALL BOARD MEMBERS PROVIDE FEEDBACK. THE COMPENSATION COMMITTEE CONDUCTS A REVIEW OF SALARIES AND BENEFITS FOR POSITIONS COMPARABLE TO THE CEO. SOURCES FOR THE INFORMATION INCLUDE, BUT ARE NOT LIMITED TO: WAGE SURVEYS FROM THE ORGANIZATION'S STATE AND NATIONAL MEMBERSHIP ORGANIZATIONS; LOCAL EMPLOYERS' ASSOCIATION WAGE SURVEYS; PRIVATE WAGE SURVEYS FROM CONSULTANTS AND COLLEAGUES; WAGES AS REPORTED ON OTHER ORGANIZATIONS' FORM 990S; INFORMATION FROM INDEPENDENT AUDITOR. THE COMPENSATION COMMITTEE PRESENTS ITS RECOMMENDATION FOR CEO SALARY AND BENEFITS TO THE FULL BOARD FOR DISCUSSION AND VOTE. THE CEO PRESENTS ANNUALLY TO THE FULL BOARD OF DIRECTORS A SPREADSHEET WITH THE CURRENT SALARIES AND BENEFITS OF EACH MEMBER OF SENIOR MANAGEMENT: CFO, DIRECTOR OF OPERATIONS, DIRECTOR OF MARKETING, DIRECTOR OF DEVELOPMENT, AND THE ADMINISTRATORS OF THE ORGANIZATIONS, ALONG WITH RECOMMENDATIONS FOR ANY CHANGES IN SALARIES AND BENEFITS. COMPARABLE SALARIES FOR THESE POSITIONS ARE INCLUDED, OBTAINED FROM INFORMATION AS DESCRIBED ABOVE. THE FULL BOARD OF DIRECTORS VOTES TO APPROVE THESE SALARIES AND BENEFITS. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, FORM 990, CONFLICT OF INTEREST POLICY, GOVERNANCE POLICIES AND PROCEDURES AND OTHER APPROPRIATE GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE ORGANIZATION'S FORM 990 IS AVAILABLE VIA GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -17,986. OTHER THAN TEMPORARILY IMPAIRED INVESTMENT LOSSES -30,984. CHANGE IN VALUE IN INTEREST IN BENEFICIAL PERPETUAL TRUSTS 72,383. NET ASSETS TRANSFER FROM PIONEER VALLEY LIVING CARE CENTER AND WRIGHT CHARITIES CORP. AS OF JAN. 1, 2012 -13,853,857. LOOMIS HOUSE INC 298 JARVIS AVENUE HOLYOKE MA 01040 042108366 NURSING HOME MA 501(C)(3) LINE 9 N/A 0 LOOMIS SENIOR LIVING INC 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 043314106 INDEPENDENT & ASSISTED LIVING FACILITIES MA 501(C)(3) LINE 9 N/A 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 1