2013-04-25T07:40:08-05:00 2012-06-30 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2011-07-01 650091025 SARASOTA-MANATEE JEWISH HOUSING COUNCIL SARA 9413370781 1951 NORTH HONORE AVENUE SARASOTA FL 34235 DARLENE ARBEIT 9413370781 2013-04-16 1 AMY CHAPMAN P00843460 4078021200 2013-04-16 2011 2016-03-07 17:11:31Z DARLENE ARBEIT 1951 NORTH HONORE AVENUE SARASOTA FL 34235 16477287 0 X WWW.KOBERNICKANCHIN.ORG X 1988 FL THE ORGANIZATION FOSTERS AND PROMOTES DEVELOPMENT OF HOUSING AND RELATED SERVICES TO MEET THE NEEDS OF SENIOR ADULTS. 25 25 305 100 0 0 453347 2769072 9722198 13650069 7175 1119 49825 57027 10232545 16477287 0 0 0 0 4637250 5782435 0 0 0 6612859 7540932 11250109 13323367 -1017564 3153920 24573974 25254352 42641780 40168238 -18067806 -14913886 X THE ORGANIZATION FOSTERS AND PROMOTES DEVELOPMENT OF HOUSING AND RELATED SERVICES TO MEET THE NEEDS OF SENIOR ADULTS. 0 0 10303146 13707096 THE ORGANIZATION OPERATES KOBERNICK HOUSE, AN INDEPENDENT LIVING RETIREMENT COMMUNITY CONSISTING OF 191 RENTAL APARTMENT UNITS AND ANCHIN PAVILION, AN ASSISTED LIVING FACILITY CONSISTING OF 70 UNITS, OF WHICH 26 ARE FOR MEMORY IMPAIRMENT. IN MARCH 2011, CONSTRUCTION TO CONVERT THE THIRD FLOOR OF ANCHIN PAVILION INTO BENDERSON, A 50-BED SKILLED NURSING FACILITY WAS COMPLETED AND THE FIRST PATIENTS WERE ADMITTED. IN ADDITION TO THE INDEPENDENT, ASSISTED LIVING UNITS AND SKILLED NURSING THE BUILDINGS HAVE COMMON AREAS CONSISTING OF DINING AND ACTIVITIES AREAS. THE ANCHIN PAVILION IS AVAILABLE TO RESIDENTS TRANSFERRING FROM THE KOBERNICK HOUSE BECAUSE OF THEIR NEED FOR A HIGHER LEVEL OF CARE, AS WELL AS RESIDENTS FROM THE GENERAL COMMUNITY. BENDERSON IS AVAILABLE TO RESIDENTS FROM KOBERNICK AND ANCHIN THAT REQUIRE A HIGHER LEVEL OF CARE, AS WELL AS RESIDENTS FROM THE COMMUNITY. 10303146 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 101 0 1 305 1 0 0 0 0 0 0 0 0 0 0 X 25 25 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X DARLENE ARBEIT 9413770781 1951 NORTH HONORE AVENUE SARASOTA FL 34235 KENNETH STOCK 1.00 X X 0 0 0 DR LARRY HASPEL 1.00 X X 0 0 0 HYMAN POLAKOFF 1.00 X X 0 0 0 JUDITH GOFMAN 1.00 X X 0 0 0 RALPH FRIEDLAND 1.00 X X 0 0 0 HENRY MASON 1.00 X X 0 0 0 MYRON MIKE ASH 1.00 X 0 0 0 BARBARA BASEMAN 1.00 X 0 0 0 SHEILA BIRNBAUM 1.00 X 0 0 0 GERARD DANIEL 1.00 X 0 0 0 HOWARD GREBER 1.00 X 0 0 0 STEVEN GREENFIELD 1.00 X 0 0 0 DONNA LERNER 1.00 X 0 0 0 MARTIN MARCUS 1.00 X 0 0 0 ELKAN RIES 1.00 X 0 0 0 ED ROSENTHAL 1.00 X 0 0 0 EUGENE SCHILLER 1.00 X 0 0 0 ALAN SILVERGLAT 1.00 X 0 0 0 JAMES SLAVIN 1.00 X 0 0 0 DEBBIE YONKER 1.00 X 0 0 0 MARIE BROWN 1.00 X 0 0 0 GERSHOM COHN 1.00 X 0 0 0 JACK WEINTRAUB 1.00 X 0 0 0 LOUIS SIEGEL 1.00 X 0 0 0 JOE BORNSTEIN 1.00 X 0 0 0 MURRAY SEITMAN 1.00 X 0 0 0 DARLENE ARBEIT 35.00 X 171373 0 17902 JOHN RICHARDS 35.00 X 15604 0 704 SHARON MITCHELL 35.00 X 4077 0 0 191054 0 18606 1 0 1 0 SYSCO-WEST COAST FLORIDA PO BOX 1839 PALMETTO FL 34220 244864 BEST VALUE PO BOX 470607 MIAMI FL 332470607 203865 2 2763733 5339 2769072 RENTAL INCOME 623000 13137379 13137379 ANCILLIARY INCOME 623000 367440 367440 REFURBISHING INCOME 623000 145250 145250 13650069 1050 1050 69 0 69 69 69 MISCELLANEOUS INCOME 900099 57027 57027 57027 16477287 13707096 0 1119 186275 186275 4707313 3994794 712519 28982 17163 11819 494344 377840 116504 365521 302904 62617 64192 64192 38411 38411 17579 17579 78901 78901 182211 182211 915947 915947 13531 13531 2177944 2177944 1195804 1195804 523606 523606 FOOD AND DINING EXPENSE 816258 816258 CONTRACT SERVICES 700834 700834 REPAIRS AND MAINTENANCE 350631 350631 LICENSES, TAXES, AND FE 245477 245477 219606 208206 11400 13323367 10303146 3020221 0 75263 1228525 253921 35502 745746 596640 39853 39931 194792 205963 35416518 16578535 19640128 18837983 3991796 3942283 24573974 25254352 979403 1664979 940502 1311140 37455594 37192119 61157 3205124 0 42641780 40168238 X -18293690 -15139770 225884 225884 -18067806 -14913886 24573974 25254352 3153920 0 X X 0 1 1 X 0 X 544209 595071 622316 453347 2769072 4984015 10164563 9463734 9275027 9715990 13650069 52269383 10708772 10058805 9897343 10169337 16419141 57253398 0 0 0 57253398 147660 34506 6193 7175 1119 196653 147660 34506 6193 7175 1119 196653 19798 10483 64425 20195 57027 171928 10876230 10103794 9967961 10196707 16477287 57621979 0.99360 0.99050 0.00340 0.00710 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: MISCELLANEOUS INCOME $57,027 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 4531 4476 1407 7600 0 1593268 1593268 25896150 10926182 14969968 3836819 2728918 1107901 4090281 2923435 1166846 18837983 DEFFERED FINANCING COSTS 676689 SPLIT INTEREST AGREEMENTS 336130 DEBT SERVICE RESERVE FUND 2546218 BOND RESERVE FUND 366320 ACCRUED INTEREST 16926 3942283 PART IV, LINE 1B: THE ORGANIZATION MAINTAINS TRUST ACCOUNTS ON BEHALF OF THE RESIDENTS OF ANCHIN PAVILION. THE ACCOUNTS REMAIN THE PROPERTY OF THE RESIDENTS AND DISBURSEMENTS ARE MADE ONLY WHEN REQUESTED BY THE RESIDENTS. THE ORGANIZATION ONLY SERVES AS A CUSTODIAN BECAUSE OF ITS FIDUCIARY DUTY OF ACCOUNTABILITY FOR THE FUNDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. THE ORGANIZATION'S ACTIVITIES HAVE BEEN IN FURTHERANCE OF ITS TAX-EXEMPT PURPOSE, AND MANAGEMENT IS OF THE OPINION THAT THERE IS NO UNRELATED BUSINESS INCOME SUBJECT TO TAXATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, THE ORGANIZATION'S 2008 TO 2011 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS. X X X 0 0 0 0 0 0 0 0 0 DARLENE ARBEIT 171373 0 0 0 0 0 3000 0 14902 0 189275 0 0 0 SARASOTA COUNTY HEALTH FACILITIES AUTHORITY 596000848 80329LBQ1 2007-07-19 38420000 SEE SUPPLEMENTAL INFORMATION 0 0 0 33159897 37281490 2545913 833904 741776 1 0 1 1 0 0 0 0 1 0 0 0 0 0 0 FORM 990, SCHEDULE K, PART 1, LINE A, COLUMN F DESCRIPTION OF PURPOSE OF BOND ISSUANCE TO REFINANCE THE SARASOTA COUNTY HEALTH FACILITIES AUTHORITY'S HEALTH CARE REVENUE BONDS, SERIES 2005, AND FINANCE THE COST OF CAPITAL IMPROVEMENTS TO KOBERNICK HOUSE AND ANCHIN PAVILION. FORM 990, SCHEDULE K, PART 1, LINE A, COLUMN C INFORMATION PRETAINING TO CUSIP OF 2007 SERIES BOND ISSUE THE SERIRES 2007 BOND REPORTED ON SCHEDULE K CONSISTS OF THREE DIFFERENT BONDS. THE ISSUE PRICES AND CUSIP NUMBERS OF EACH ARE ISSUE PRICE CUSIP NUMBER $9,440,000 80329LBN8, $11,410,00 80329LBP3, $17,570,000 80329LBQ1. FORM 990, SCHEDULE K, PART 1, LINE A, COLUMN A ADDITIONAL INFORMATION RELATED TO BOND ISSUANCE THE TOTAL PROCEEDS FOR SERIES 2007A BOND ISSUE ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED IN PART 1, COLUMN E. THE DIFFERENCE IS AN UNDERWRITERS DISCOUNT OF $1,138,510. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS FIRST REVIEWED AND APPROVED BY THE FINANCE COMMITTEE. THE FORM 990 IS THEN PRESENTED TO THE BAORD OF DIRECTORS FOR FINAL APPROVAL BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S FINANCE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY. THE FINANCE COMMITTEE REVIEWS ACTUAL CONFLICTS THAT ARE IDENTIFIED BY THE ANNUAL DISCLOSURE PROCESS AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE DETERMINES AND RECOMMENDS THE COMPENSATION AND BENEFITS OF THE EXECUTIVE DIRECTOR TO THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS INDEPENDENT WITH RESPECT TO THE COMPENSATION ARRANGEMENT BEING CONSIDERED. THE EXECUTIVE COMMITTEE UTILIZES COMPARABILITY SURVEYS WITHIN THE SAME INDUSTRY AS THE ORGANIZATION. THE FINAL RECOMMENDATION OF THE EXECUTIVE COMMITTEE IS PRESENTED AND RATIFIED BY THE BOARD OF DIRECTORS AND CONTEMPORANEOUSLY DOCUMENTED WITHIN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PART XII, LINE 2E THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATMENTS. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. TIME DEVOTED TO JEWISH HOUSING COUNCIL FOUNDATION FORM 990, PART VII: SECTION A, COLUMN B NAME TITLE HRS/WK SHEILA BIRNBAUM DIRECTOR 2.0 ED ROSENTHAL VICE PRESIDENT 2.0 DR. LARRY HASPEL PAST PRESIDENT 2.0 DARLENE ARBEIT EXECUTIVE DIRECTOR 5.0 JOHN RICHARDS COO 5.0 SHARON MITCHELL CFO 5.0 JEWISH HOUSING COUNCIL FOUNDATION INC 1951 NORTH HONORE AVENUE SARASOTA FL 34235 200910348 PROVIDE FINANCIAL SUPPORT TO THIS ORGANIZATION FL 501(C)(3) LINE 11A, I N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0