2013-08-06T13:46:19-05:00 2012-12-31 042684828 FEELEY & DRISCOLL PC 200 PORTLAND STREET BOSTON MA 02114 990 2012-01-01 260300778 THE GROVES IN LINCOLN INC GROV 5082487344 88 MASONIC HOME ROAD CHARLTON MA 01507 CPA 5082487344 2013-07-10 1 ALAN GAROFALO P00744592 6177427788 2012 2016-02-24 21:20:13Z PAMELA JONES 88 MASONIC HOME ROAD CHARLTON MA 01507 4510540 0 X WWW.MASONICHEALTHSYSTEM.ORG X 2007 MA THE GROVES IN LINCOLN IS ORGANIZED FOR THE DEVELOPMENT AND OPERATION OF A THREE-STORY CONGREGATE CARE BUILDING WITH 100 APARTMENTS AND 38 TWO-STORY COTTAGES AND A THREE-STORY RENTAL APARTMENT BUILDING WITH 30 RENTAL APARTMENTS, 22 OF WHICH ARE TO BE MARKET RATE AND 8 OF WHICH ARE DESIGNATED TO BE AFFORDABLE HOUSING. 10 10 54 0 0 0 14799 7375 2966813 3838488 93265 -218362 232730 661902 3307607 4289403 0 0 0 0 1740645 2062008 0 0 0 16056991 17364030 17797636 19426038 -14490029 -15136635 122188149 88226294 145201834 156086114 -23013685 -67859820 X THE GROVES IN LINCOLN IS LOCATED ON A 33-ACRE SITE IN LINCOLN, MASSACHUSETTS, 12 MILES WEST OF BOSTON, MASSACHUSETTS. THE GROVES IN LINCOLN IS ORGANIZED FOR THE DEVELOPMENT AND OPERATION OF A THREE-STORY CONGREGATE CARE BUILDING WITH 100 APARTMENTS AND 38 TWO-STORY COTTAGES AND A THREE-STORY RENTAL APARTMENT BUILDING WITH 30 RENTAL APARTMENTS, 22 OF WHICH ARE TO BE MARKET RATE AND 8 OF WHICH ARE DESIGNATED TO BE AFFORDABLE HOUSING. 0 0 14340738 4500390 TO PROVIDE, OPERATE, MANAGE AND/OR ARRANGE FOR THE PROVISION OF HOUSING FACILITIES AND RELATED SERVICES FOR ELDERLY FREEMASONS OF EVERY RACE, COLOR AND RELIGION, AND THEIR WIDOWS AND FAMILY MEMBERS, AS WELL AS MEMBERS OF THE COMMUNITY AT LARGE, INCLUDING CONTINUING CARE FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET SAID INDIVIDUALS' PHYSICAL, SOCIAL AND PSYCHOSOCIAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS AND USEFULNESS IN LONGER LIVING. 14340738 1 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 1 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 1 44 0 1 54 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 0 1 1 0 MA X X PAMELA JONES 5084342412 88 MASONIC HOME ROAD CHARLTON MA 01507 ROGER W PAGEAU 1.00 X 0 0 0 RICHARD J STEWART 1.00 X 0 0 0 RONALD E JACKSON 1.00 X 0 0 0 ROY J LEONE 1.00 X 0 0 0 EUGENE B NICHOLS 1.00 X 0 0 0 LAWRENCE J SMITH JR 1.00 X 0 0 0 MASON RUSSELL 1.00 X 0 0 0 SUSAN POWERS 1.00 X 0 0 0 HERB TAYLOR 1.00 X 0 0 0 THOMAS STARK 1.00 X 0 0 0 ROBERT JOLLY 1.00 X 0 0 0 PAMELA JONES 1.00 40.00 X 0 200773 26394 DAVID C TURNER 1.00 40.00 X 0 296678 24195 TOBY SHEA 1.00 40.00 X 0 255350 27128 ROBERT FALLON 40.00 X 140295 0 32595 MARA KLEIN-COLLINS 40.00 X 107147 0 11353 247442 752801 121665 2 0 1 0 MARTINO AND BINZER 270 FARMINGTON AVE FARMINGTON CT 06032 ADVERTISING 713319 MURTHA CULLINA LLC 99 HIGH STREET BOSTON MA 02110 LEGAL 407581 RBC CAPITAL MARKETS 130 NORTH 18TH STREET PHILADELPHIA PA 19103 BOND RESTRUCTURING CONSULTING 300000 NIXON PEABODY 100 SUMMER STREET BOSTON MA 02110 LEGAL 142160 DELPHI CONSTRUCTION 130 OVERLAND ROAD WALTHAM MA 02451 CONSTRUCTION 115294 5 7375 7375 NET PATIENT RESIDENT R 623000 3755044 3755044 ENTRANCE FEE REVENUE 623990 83444 83444 3838488 2775 2775 221137 -221137 -221137 -221137 MISCELLANEOUS REVENUE 900099 438232 438232 MEALS REVENUE 722210 131170 131170 VOICE, VIDEO & DATA 900099 92500 92500 661902 4289403 4500390 0 -218362 1693280 863772 829508 242535 123699 118836 126193 64362 61831 264450 264450 1166721 1166721 33000 33000 9086 8177 909 334160 334160 548069 548069 1350136 1215122 135014 25796 25796 7170513 6453462 717051 5336726 4803053 533673 111972 100775 11197 DEPARTMENTAL SUPPLIES & 448955 177106 271849 EQUIPMENT RENTAL AND MA 313978 299485 14493 SUPPLIES 192828 179849 12979 TELEPHONE 57640 51876 5764 19426038 14340738 5085300 0 141762 237397 977320 619026 85994120 11201703 105359371 74792417 10367672 10654411 5342024 1923043 122188149 88226294 1132254 942647 87743259 87771050 1455355 1156452 127415 88994 54743551 66126971 145201834 156086114 X -23013685 -67867195 7375 -23013685 -67859820 122188149 88226294 X -15136635 88292 -29797792 X 0 1 X 1 0 X 8700 14799 7375 30874 701026 2966813 3838488 7506327 709726 2981612 3845863 7537201 0 0 0 7537201 685747 223554 2775 912076 685747 223554 2775 912076 37481 232730 661902 932113 1432954 3437896 4510540 9381390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 762110 762110 73490774 9817086 63673688 282310 31838 250472 2961279 792612 2168667 8497647 560167 7937480 74792417 FIXED INCOME SECURITIES 5232464 F CASH AND EQUIVALENTS 5421947 F 10654411 DUE TO AFFILIATE 16266904 DUE TO RELATED PARTY 3969500 NON-REFUNDABLE ENTRANCE FEES 7658537 REFUNDABLE ENTRANCE FEES 38232030 66126971 X 4377695 88292 88292 4289403 0 4289403 49223830 29797792 29797792 19426038 0 19426038 PART IV, LINE 2B: PROSPECTIVE FUTURE RESIDENTS OF THE CONTINUING CARE RETIREMENT COMMUNITY PAY A DEPOSIT ON THE ENTRANCE FEE AT THE TIME OF APPLICATION. THE BALANCE OF THE ENTRANCE FEE IS DUE PRIOR TO, AND AS A CONDITION OF, OCCUPANCY OF A RESIDENT UNIT. PRIOR TO OCCUPANCY, THESE FEES ARE REFUNDABLE TO THE APPLICANT UPON TERMINATION OF THE APPLICATION FOR RESIDENCY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE ORGANIZATION ANNUALLY EVALUATES ITS TAX STATUS AND TAX POSITIONS TAKEN WITH RESPECT TO ITS OPERATIONS AND FINANCIAL POSITION. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON IMPAIRMENT 29,797,792. X X X X 0 0 0 0 0 0 0 0 0 PAMELA JONES 0 200157 0 0 0 616 0 10071 0 16323 0 227167 0 0 DAVID C TURNER 0 295710 0 0 0 968 0 9550 0 14645 0 320873 0 0 TOBY SHEA 0 254809 0 0 0 541 0 9654 0 17474 0 282478 0 0 ROBERT FALLON 139057 0 0 0 1238 0 18930 0 13665 0 172890 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 57563TAE5 2009-11-24 117265000 TO FINANCE THE COSTS OF CONSTRUCTING AND EQUIPPING THE FACILITY. 0 0 0 A 28835000 118055744 7807219 10115263 3682859 95010374 1440029 2011 0 0 0 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 1 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION'S MANAGEMENT DUTIES ARE HANDLED BY ONE OF IT'S RELATED ENTITIES, THE MASONIC HEALTH SYSTEM OF MASSACHUSETTS, INC. FORM 990, PART VI, SECTION A, LINE 6 THE MASONIC HEALTH SYSTEM OF MASSACHUSETTS, INC. (MHS) IS THE MAJORITY MEMBER (80%) OF THE ORGANIZATION AND NEW ENGLAND DEACONESS ASSOCIATION - ABUNDANT LIFE COMMUNITIES, INC. (DALC) IS THE MINORITY MEMBER (20%) OF THE ORGANIZATION. THERE ARE NO CLASSES OF DIRECTORS. THE SIZE OF THE BOARD OF DIRECTORS IS SET AT TEN (10) PERSONS WITH MHS HAVING THE RIGHT TO APPOINT UP TO EIGHT (8) PERSONS AND DALC HAVING THE RIGHT TO APPOINT TWO (2) PERSONS. THE SIZE OF THE BOARD OF DIRECTORS SHALL NOT BE EXPANDED OR CONTRACTED, AND THE COMPOSITION OF THE BOARD WITH RESPECT TO THE NUMBER OF MHS REPRESENTATIVES AND DALC REPRESENTATIVES SHALL NOT BE CHANGED WITHOUT THE CONSENT OF BOTH MHS AND DALC. FORM 990, PART VI, SECTION A, LINE 7A THE MASONIC HEALTH SYSTEM OF MASSACHUSETTS, INC. (MHS) IS THE MAJORITY MEMBER (80%) OF THE ORGANIZATION AND NEW ENGLAND DEACONESS ASSOCIATION - ABUNDANT LIFE COMMUNITIES, INC. (DALC) IS THE MINORITY MEMBER (20%) OF THE ORGANIZATION. THERE ARE NO CLASSES OF DIRECTORS. THE SIZE OF THE BOARD OF DIRECTORS IS SET AT TEN (10) PERSONS WITH MHS HAVING THE RIGHT TO APPOINT UP TO EIGHT (8) PERSONS AND DALC HAVING THE RIGHT TO APPOINT TWO (2) PERSONS. THE SIZE OF THE BOARD OF DIRECTORS SHALL NOT BE EXPANDED OR CONTRACTED, AND THE COMPOSITION OF THE BOARD WITH RESPECT TO THE NUMBER OF MHS REPRESENTATIVES AND DALC REPRESENTATIVES SHALL NOT BE CHANGED WITHOUT THE CONSENT OF BOTH MHS AND DALC. FORM 990, PART VI, SECTION A, LINE 7B THE MASONIC HEALTH SYSTEM OF MASSACHUSETTS, INC. (MHS) IS THE MAJORITY MEMBER (80%) OF THE ORGANIZATION AND NEW ENGLAND DEACONESS ASSOCIATION - ABUNDANT LIFE COMMUNITIES, INC. (DALC) IS THE MINORITY MEMBER (20%) OF THE ORGANIZATION. THERE ARE NO CLASSES OF DIRECTORS. THE SIZE OF THE BOARD OF DIRECTORS IS SET AT TEN (10) PERSONS WITH MHS HAVING THE RIGHT TO APPOINT UP TO EIGHT (8) PERSONS AND DALC HAVING THE RIGHT TO APPOINT TWO (2) PERSONS. THE SIZE OF THE BOARD OF DIRECTORS SHALL NOT BE EXPANDED OR CONTRACTED, AND THE COMPOSITION OF THE BOARD WITH RESPECT TO THE NUMBER OF MHS REPRESENTATIVES AND DALC REPRESENTATIVES SHALL NOT BE CHANGED WITHOUT THE CONSENT OF BOTH MHS AND DALC. FORM 990, PART VI, SECTION B, LINE 11 MANAGEMENT WORKS WITH THE ORGANIZATION'S EXTERNAL AUDITORS TO PREPARE THE FINANCIAL INFORMATION AND COMPILE THE DISCLOSURES REQUIRED OF THE FORM 990. UPON ITS COMPLETION, SENIOR MANAGEMENT PROVIDES A DRAFT OF THE FORM 990 TO THE BOARD OF DIRECTORS PRIOR TO ITS SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY VIA ANNUAL EXECUTION OF THE CONFLICT OF INTEREST POLICY. THIS CONFLICTS POLICY IS INTENDED TO SUPPLEMENT, BUT NOT REPLACE, ANY APPLICABLE STATE LAWS GOVERNING CONFLICTS OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE CORPORATIONS. THIS CONFLICTS POLICY HAS BEEN ADOPTED BY THE BOARD OF DIRECTORS OF MASONIC HEALTH SYSTEM OF MASSACHUSETTS, INC. (MHS) THIS CONFLICTS POLICY SHALL APPLY WITH EQUAL FORCE TO ALL CORPORATIONS RELATED TO, OR AFFILIATED WITH, MHS. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION MAINTAINS A PERSONNEL COMMITTEE TO ANNUALLY REVIEW THE PERFORMANCE AND COMPENSATION OF THE OFFICERS AND KEY EMPLOYEES. THE PERSONNEL COMMITTEE DETERMINES THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES ANNUALLY BASED ON COMPARABLE INDUSTRY DATA AND THROUGH A CONSULTATION AGREEMENT WITH TOWERS PERRIN, A NATIONAL HUMAN RESOURCES CONSULTANT. THE DETERMINATION OF COMPENSATION IS SUBSTANTIATED IN THE ORGANIZATION'S MINUTES OF THE PERSONNEL COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FORM 990 AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FORM 990 IS AVAILABLE VIA THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE AND GUIDESTAR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: LOSS ON IMPAIRMENT -29,797,792. THE MASONIC HEALTH SYSTEM OF MASSACHUSETTS INC 88 MASONIC HOME ROAD CHARLTON MA 01507 043515688 MANAGEMENT AND SUPPORT MA 501(C)(3) 501(C)(3) N/A 0 OVERLOOK VISITING NURSES ASSOCIATION INC 88 MASONIC HOME ROAD CHARLTON MA 01507 043515687 HOME HEALTHCARE MA 501(C)(3) 501(C)(3) N/A 0 OVERLOOK COMMUNITIES INC 88 MASONIC HOME ROAD CHARLTON MA 01507 043515686 RESIDENTIAL AND ASSISTED LIVING MA 501(C)(3) 501(C)(3) N/A 0 OVERLOOK MASONIC HEALTH CENTER INC 88 MASONIC HOME ROAD CHARLTON MA 01507 222843194 SKILLED NURSING FACILITY MA 501(C)(3) 501(C)(3) N/A 0 OVERLOOK HEALTH CENTER AT NORTHAMPTON INC 88 MASONIC HOME ROAD CHARLTON MA 01507 270451701 SKILLED NURSING FACILITY MA 501(C)(3) 501(C)(3) 0 THE APARTMENTS AT THE GROVES INC 88 MASONIC HOME ROAD CHARLTON MA 01507 260300696 SENIOR LIVING MA 501(C)(3) 501(C)(3) 0 OVERLOOK CATERING INC 88 MASONIC HOME ROAD CHARLTON MA 01507 271472010 CATERING SERVICES MA C 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0