2012-04-03T15:27:08-05:00 2011-06-30 REINSEL KUNTZ LESHER LLP 1330 BROADCASTING ROAD PO BOX 7008 WYOMISSING PA 196106008 990 2010-07-01 236050680 RICHARD J CARON FOUNDATION RICH 6106782332 PO BOX 150 WERNERSVILLE PA 195650150 ANDREW ROTHERMEL 6106782332 2012-03-02 1 LARRY S SHAUB 6103761595 2010 2016-02-24 21:20:13Z CARON CARON TREATMENT CENTERS CARO ANDREW ROTHERMEL PO BOX 150 WERNERSVILLE PA 195650150 85168605 0 X WWW.CARON.ORG X 1957 PA TO PROVIDE AN ENLIGHTENED, CARING TREATMENT COMMUNITY IN WHICH ALL THOSE AFFECTED BY ALCOHOLISM OR OTHER DRUG ADDICTION MAY BEGIN A NEW LIFE. 24 24 647 35 -8819 -8819 3526280 16030924 55609100 62398777 748144 747705 913764 659506 60797288 79836912 0 8988687 0 0 27977608 31199033 124674 124706 1171821 30937685 25177866 59039967 65490292 1757321 14346620 78731068 92293634 19790183 17450555 58940885 74843079 X TO PROVIDE AN ENLIGHTENED, CARING TREATMENT COMMUNITY IN WHICH ALL THOSE AFFECTED BY ALCOHOLISM OR OTHER DRUG ADDICTION MAY BEGIN A NEW LIFE. 0 0 23930375 30988994 RICHARD J CARON FOUNDATION PROVIDED INPATIENT SUBSTANCE ABUSE TREATMENT TO APPROXIMATELY 917 ADULTS IN 2010-2011. CARON PROVIDED 38,339 DAYS OF CARE TO THESE PATIENTS. 17406193 25686430 RICHARD J CARON FOUNDATION PROVIDED INPATIENT SUBSTANCE ABUSE TREATMENT TO APPROXIMATELY 746 ADOLESCENTS AND YOUNG ADULTS IN 2010-2011. CARON PROVIDED APPROXIMATELY 33,202 DAYS OF CARE TO THESE PATIENTS. 1721757 588386 CARON'S STUDENT ASSISTANCE PROGRAM (SAP) HAS BEEN PROVIDING OUTREACH TO SCHOOLS IN THE NEW ENGLAND AND MID-ATLANTIC STATES SINCE 1990. MORE THAN 94,000 STUDENTS, TEACHERS, AND PARENTS BENEFIT FROM SOME ASPECT OF STUDENT ASSISTANCE PROGRAMMING EACH YEAR. 1683666 1809592 BREAKTHROUGH AT CARON IS A 5-1/2 DAY PROGRAM SPECIFICALLY DESIGNED FOR INDIVIDUALS IMPACTED BY FAMILY OR RELATIONSHIP DYSFUNCTION IN CHILDHOOD OR ADULT LIFE. 1405688 12508 RICHARD J CARON FOUNDATION PROVIDED PHILADELPHIA AND NEW YORK SUPPORT GROUP PROGRAMS FOR PARENTS AND ADOLESCENTS AFFECTED BY THE DISEASE OF ADDICTION. 1864040 MANAGEMENT SERVICES PROVIDED TO CARON FOUNDATION OF FLORIDA, CARON FOUNDATION OF TEXAS, AND CARON FOUNDATION OF BERMUDA. 1433443 1448827 OUTPATIENT SUBSTANCE ABUSE TREATMENTS TO ADULTS AND ADOLESCENTS. 4522797 5134967 47581122 1 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 0 0 0 0 1 69 0 647 1 1 1 1 BD 0 0 0 1 1 0 0 0 0 X 24 24 1 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 AL AZ CA CO CT DC FL GA IL KS KY ME MD MA MI MN MO NH NJ NY NC OH PA RI SC TN VA WA WI X RICHARD J CARON FOUNDATION 6106782332 PO BOX 150 WERNERSVILLE PA 195650150 MICHAEL J MCGLINN 1.00 X X 0 0 0 MICHAEL A LAWRENCE 1.00 X X 0 0 0 CASEY DUFFY 1.00 X X 0 0 0 BETH FITZSIMONS 1.00 X X 0 0 0 KENNETH D GILL JR 1.00 X X 0 0 0 JEFF RUSH 1.00 X X 0 0 0 DANIEL B HUYETT ESQ 1.00 X 0 0 0 ALLEN H ARROW 1.00 X 0 0 0 MICHAEL COLLINS 1.00 X 0 0 0 EDWIN M DEALY 1.00 X 0 0 0 LINDA CARON DENBY 1.00 X 0 0 0 JOHN J DUFFY ESQ 1.00 X 0 0 0 STEPHEN J ESSER 1.00 X 0 0 0 LEWIS D FREEMAN III 1.00 X 0 0 0 JAMES OLAN HUTCHESON 1.00 X 0 0 0 PETRA LEVIN 1.00 X 0 0 0 SALLY MARKS 1.00 X 0 0 0 SHARON MCGINLEY 1.00 X 0 0 0 MARK SKIBBIE 1.00 X 0 0 0 JAMES W TAYLOR 1.00 X 0 0 0 BENJAMIN J ZINTAK III 1.00 X 0 0 0 SCOTT S GREEN 1.00 X 0 0 0 JOHN P FITZSIMONS 1.00 X 0 0 0 BRUCE EANET 1.00 X 0 0 0 KRISTINE M BASHORE 32.00 X 113363 0 5668 DOUGLAS TIEMAN 40.00 X 593534 0 111772 MICHAEL S EARLY 40.00 X 280565 0 14028 ANDREW J ROTHERMEL 40.00 X 286505 0 14325 JOSEPH K LAUGINIGER JR 40.00 X 231942 0 11597 CHARLES WHITMER 40.00 X 156148 0 7807 MARY ORLANDO 40.00 X 208679 0 10434 KENNETH W THOMPSON 40.00 X 295720 0 14786 JAMES F MCMANUS 40.00 X 173699 0 8685 WILLIAM D TEUTEBERG III 40.00 X 276581 0 13829 ANN SMITH CROW 40.00 X 169841 0 8492 2673214 0 215755 25 0 1 0 DUANE MORRIS LLP 30 S 17TH STREET PHILADELPHIA PA 19103 ATTORNEYS 170094 EDWARD CHASTKA MD 1500 PENN AVENUE 1 WYOMISSING PA 19610 PHYSICIAN 168560 2 1007491 4243346 60000 10720087 269606 16030924 ADOLESCENT CENTER 624100 20057586 20057586 ADULT PATIENT SERVICES 624100 17196380 17196380 CHARITY CARE 624100 8988687 8988687 ADULT EXTENDED CARE 624100 4983521 4983521 CONTRACTUAL ALLOWANCE 624100 4247944 4247944 6924659 6924659 62398777 428593 428593 166199 198414 -32215 -32215 -8819 -23396 4836155 4517043 319112 319112 319112 914526 1007491 616236 298290 298290 COMMUNITY STORE 900099 253804 253804 RECOVERY ON UNCOLLECTI 900099 101782 101782 LAUNDROMAT INCOME 900099 16811 16811 21034 21034 393431 79836912 62398777 -8819 1416030 8988687 8988687 1658651 1658651 22874075 15228405 7036534 609136 496399 372299 109208 14892 4276510 3207383 940832 128295 1893398 1420049 416548 56801 278394 278394 44500 44500 124706 124706 3261951 2535830 638987 87134 1538701 1154026 338514 46161 1060601 795451 233333 31817 1086314 814736 238990 32588 103551 77663 22781 3107 313199 313199 917707 917707 2784207 2784207 346373 346373 CONTRACTUAL ALLOWANCE 4247944 4247944 DEVELOPMENT AND PUBLIC 3744485 3744485 DIETARY EXPENSE 2888969 2888969 MAINTENANCE AND REPAIRS 833810 625358 183438 25014 HOSPITAL AND LAB FEES 726642 726642 1000518 753195 235153 12170 65490292 47581122 16737349 1171821 8603976 8344245 2751343 8270911 981003 1122952 809712 783941 64468276 21657031 42246097 42811245 20026540 24066597 3312397 6893743 78731068 92293634 4541143 4252152 2136905 2636049 6910000 6605000 3030555 2602222 3171580 1355132 19790183 17450555 X 44331356 53863855 7678857 13866589 6930672 7112635 58940885 74843079 78731068 92293634 X 14346620 1555574 X X 0 1 1 X 0 X 6932469 14377372 5728816 3526280 16030924 46595861 49679968 52587263 52473171 56579087 63313303 274632792 56612437 66964635 58201987 60105367 79344227 321228653 586322 5404167 201845 314688 686585 7193607 1000000 590058 528255 2118313 586322 6404167 201845 904746 1214840 9311920 311916733 892097 769542 585402 499005 436393 3182439 892097 769542 585402 499005 436393 3182439 2221 2221 538300 488381 444811 414123 393430 2279045 58045055 68222558 59232200 61018495 80174050 326692358 0.95480 0.95290 0.00970 0.01130 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: SUNDRY INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7180672 181963 7362635 6888665 292007 7180672 6237070 651595 6888665 1.00000 0 0 1212111 1212111 51062676 15578662 35484014 9826484 5786135 4040349 2367005 292234 2074771 42811245 DEFERRED FINANCING COSTS 186300 CONSTRUCTION IN PROGRESS 745573 DEPOSITS 949018 DUE FROM RELATED ENTITY 4844852 WORKS OF ART AND TREASURE 168000 6893743 CHARITABLE GIFT ANNUITY OBLIGATION 83875 INTEREST RATE SWAP 827211 DUE TO RELATED ENTITY 444046 1355132 79836912 65490292 14346620 1555574 1555574 15902194 80568177 1555574 20263 15323580 16899417 63668760 16168151 16168151 79836911 68935912 20263 19593508 19613771 49322141 16168151 16168151 65490292 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION'S ENDOWMENT FUNDS WILL BE USED TO PROVIDE SUPPORT TO CHARITY CARE FOR PROGRAM SERVICES. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: AS A NOT-FOR-PROFIT ORGANIZATION, THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION IS SUBJECT TO FEDERAL AND STATE INCOME TAXES ON UNRELATED BUSINESS INCOME. THE ORGANIZATION RECOGNIZES PENALTIES AND INTEREST ACCRUED RELATED TO INCOME TAX LIABILITIES IN THE PROVISION (BENEFIT) FOR INCOME TAXES IN ITS STATEMENTS OF PENALTIES AND INTEREST. FOR THE YEARS ENDED JUNE 30, 2011 AND 2010, THERE WERE NO ACCRUALS FOR THE PAYMENT OF PENALTIES AND INTEREST. WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE IS REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. THE ORGANIZATION FILES TAX RETURNS IN THE U. S. FEDERAL JURISDICTION. THE ORGANIZATION'S INCOME TAX RETURNS ARE NOT SUBJECT TO EXAMINATION THROUGH THE YEAR ENDED JUNE 30, 2007. PART XII, LINE 2D - OTHER ADJUSTMENTS: CARON FOUNDATION OF FLORIDA REVENUE PER AUDITED FINANCIAL STATEMENT 12,005,647. CARON FOUNDATION OF TEXAS REVENUE PER AUDITED FINANCIAL STATEMENT 2,604,442. RENTAL EXPENSES, REPORTED ON PART VIII, LINE 6B 198,414. CARON FOUNDATION OF BERMUDA REVENUE (FOREIGN-SOURCE) PER AUDITED FINANCIALS 515,077. PART XII, LINE 4B - OTHER ADJUSTMENTS: CONTRACTUAL ALLOWANCE 4,247,944. CHARITY CARE 8,988,687. COLLECTION AGENCY FEES 42,132. FAIR VALUE ADJUSTMENT ON INTEREST RATE SWAP 107,641. PAYMENTS TO AFFILIATE, REPORTED ON PART IX, LINE 21 917,707. INTERCOMPANY ELIMINATIONS 1,864,040. PART XIII, LINE 2D - OTHER ADJUSTMENTS: CARON FOUNDATION OF FLORIDA EXPENSES PER AUDITED FINANCIAL STATEMENT 13,169,389. CARON FOUNDATION OF TEXAS REVENUE PER AUDITED FINANCIAL STATEMENT 5,613,915. RENTAL EXPENSES, REPORTED ON PART VIII, LINE 6B 198,414. CARON FOUNDATION OF BERMUDA EXPENSES (FOREIGN-SOURCE) PER AUDITED FINANCIALS 611,790. PART XIII, LINE 4B - OTHER ADJUSTMENTS: CONTRACTUAL ALLOWANCES 4,247,944. CHARITY CARE 8,988,687. INTERCOMPANY ELIMINATIONS 1,864,040. COLLECTION AGENCY FEES 42,132. PAYMENTS TO AFFILIATE, REPORTED ON PART IX, LINE 21 917,707. FAIR VALUE ADJUSTMENT ON INTEREST RATE SWAP 107,641. X X X X X X X 1 BUCKLEY HALL EVENTS 17-19 MARBLE AVENUE PLEASANTVILLE NJ 10570 COORDINATE NEW YORK GALA 0 794371 71361 723010 JANE BARR PINO & ASSOCIATES 1231 HIGHLAND AVENUE FORT WASHINGTON PA 19034 COORDINATE PHILADELPHIA DINNER 0 311180 32145 279035 ADVANTAGE 208 PASSAIC AVENUE 2ND FLOOR FAIRFIELD NJ 07004 CONDUCT TELEPHONE & MAIL OUTREACH 0 64700 21200 43500 1170251 124706 1045545 AL AZ CA CO CT DC FL GA IL KS KY ME MD MA MI MN MO NH NJ NY NC OH PA RI SC TN WI VA WA NEW YORK DINNER 794371 555870 238501 14121 14621 174118 BERKS DINNER 360410 125260 235150 2021 42930 3 767236 326361 440875 62549 7702 298173 1922017 1007491 914526 78691 22323 515221 616235 298291 1 CHARITY CARE FOR TREATMENT AT CARON FOUNDATION 1157 8988687 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION PROVIDES DISCOUNTED CARE AND CARE PROVIDED AT NO CHARGE TO PATIENTS ON A FINANCIAL NEED BASIS. THE CRITERIA FOR CHARITY CARE CONSIDER OBJECTIVE CRITERIA SUCH AS FAMILY INCOME AND NET WORTH, AS WELL AS, SUBJECTIVE CRITERIA SUCH AS AN INDIVIDUAL'S MOTIVATION FOR RECOVERY AND THE REFERRAL SOURCE. X X X 0 0 0 0 0 0 0 0 0 DOUGLAS TIEMAN 345178 0 224045 0 24311 0 93966 0 17806 0 705306 0 0 0 MICHAEL S EARLY 217798 0 48121 0 14646 0 5611 0 8417 0 294593 0 0 0 ANDREW J ROTHERMEL 221844 0 50060 0 14601 0 5730 0 8595 0 300830 0 0 0 JOSEPH K LAUGINIGER JR 186881 0 40643 0 4418 0 4639 0 6958 0 243539 0 0 0 CHARLES WHITMER 148266 0 7882 0 0 0 3123 0 4684 0 163955 0 0 0 MARY ORLANDO 167828 0 36997 0 3854 0 4174 0 6260 0 219113 0 0 0 KENNETH W THOMPSON 265644 0 30076 0 0 0 5914 0 8872 0 310506 0 0 0 JAMES F MCMANUS 146451 0 27248 0 0 0 3474 0 5211 0 182384 0 0 0 WILLIAM D TEUTEBERG III 221771 0 49436 0 5374 0 5532 0 8297 0 290410 0 0 0 ANN SMITH CROW 131381 0 38460 0 0 0 3397 0 5095 0 178333 0 0 0 BERKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY 237418629 084522HR5 2005-09-01 8000000 FINANCE THE ACQUISITION, CONSTRUCTION, INSTALLATION AND EQUIPPING FACILITY 0 0 0 1395000 8300760 160000 127222 7333148 680390 2007 1 0 1 1 0 0 0 0 1 0.00000 0.00000 0.00000 0 0 1 0 0 0 1 SCHEDULE K, PART I, BOND ISSUES: (F) DESCRIPTION OF PURPOSE, CONT'D: AND TO REFUND CERTAIN INDEBTEDNESS ORIGINALLY ISSUED ON NOVEMBER 23, 2004. SCHEDULE K, PART II, PROCEEDS: LINE 3, TOTAL PROCEEDS OF ISSUE: TOTAL PROCEEDS INCLUDES INVESTMENT EARNINGS DANIEL B HUYETT DANIEL B. HUYETT, DIRECTOR, IS A PARTNER OF STEVENS & LEE 79065 STEVENS & LEE PROVIDED LEGAL SERVICES TO CARON 0 X 1 168000 APPRAISED VALUE X 3 16014 X 1 1500 FAIR MARKET VALUE X SUPPLIES FOR RECEPTION 1 4400 FAIR MARKET VALUE X RAFFLE ITEMS 79692 FAIR MARKET VALUE 0 1 1 THIRD PARTY USE: PART I, LINE 32B: THE ORGANIZATION USES UBS FINANCIAL SERVICES. THEY SEND GIFTED STOCK TO UBS, WHERE IT IS CASHED IMMMEDIATELY. FOR THIS PURPOSE, THE ORGANIZATION HAS AN OPEN ACCOUNT WITH NO BALANCE WITH UBS. DOING BUSINESS AS FORM 990, PART I, ITEM C BREAKTHROUGH AT CARON, CARON BERMUDA FORM 990, PART VI, SECTION A, LINE 2 JOHN DUFFY AND CASEY DUFFY HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 6 THE PERSONS CONSTITUTING THE BOARD OF DIRECTORS SHALL BE THE MEMBERS OF THE CORPORATION AND SHALL EXERCISE ALL THE RIGHTS AND POWERS OF MEMBER. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS SHALL BE ELECTED BY THE MEMBERS AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS (MEMBERS) MUST APPROVE THE EXECUTIVE COMMITTEE'S DECISION TO DO ANY OF THE FOLLOWING: 1) TERMINATE THE EMPLOYMENT OR REMOVE FROM OFFICE THE PRESIDENT/CEO OR ANY OTHER CORPORATE OFFICER OR DIRECTOR, 2) PURCHASE OR SELL ANY CORPORATE ASSETS WHICH ARE NOT WITHIN THE CORPORATION'S NORMAL COURSE OF BUSINESS OR APPROVED BUDGET OR HAVE A VALUE IN EXCESS OF $50,000, OR 3) BORROW FUNDS OR GRANT SECURITY THEREFOR IN AN AMOUNT EXCEEDING ANY PREVIOUSLY APPROVED LINE OF CREDIT. FORM 990, PART VI, SECTION B, LINE 11 THE 990 WILL BE REVIEWED BY THE FINANCE COMMITTEE FOLLOWING THE REVIEW OF THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES SUBMIT A SIGNED STATEMENT ANNUALLY WHICH LISTS POTENTIAL CONFLICTS. THIS INFORMATION IS REVIEWED PERIODICALLY. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS BASED ON RECOMMENDATIONS FROM OUTSIDE INDEPENDENT COUNSEL BASED ON COMPARABILITY DATA. COMPENSATION IS DETERMINED AND APPROVED BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S FORM 990 CAN BE OBTAINED UPON REQUEST FROM THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE TO DONORS UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 1,555,574. AUDIT OVERSIGHT 990, PART IX, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. STATES WHERE REGISTERED SCHEDULE G, PART I, LINE 3 THE STATES LISTED ON SCHEDULE G INCLUDE THE FOLLOWING WHERE THE ORGANIZATION'S REGISTRATION IS PENDING INITIAL APPLICATION APPROVAL FOR THE CURRENT FISCAL YEAR: KS, MI, AND TN CARON FOUNDATION OF FLORIDA INC PO BOX 150 WERNERSVILLE PA 195650501 061675898 TREATMENT SERVICES FOR CHEMICAL DEPENDENCY, SEXUAL TRAUMA AND GAMBLING ADDIC FL 501(C)(3) LINE 9 RICHARD J CARON FOUNDATION 0 CARON OF BERMUDA PO BOX 150 WERNERSVILLE BD 19565-0501 PROVIDE OUTPATIENT AND REFERRAL SERVICES FOR SUBSTANCE ABUSE TREATMENT BD RICHARD J CARON FOUNDATION 0 CARON FOUNDATION OF TEXAS INC PO BOX 150 WERNERSVILLE PA 195650501 270835888 TREATMENT OF ADDICTIVE DISEASES PA 501(C)(3) LINE 3 RICHARD J CARON FOUNDATION 0 0 0 0 1 1 0 0 0 0 0 1 0 1 1 0 1 0 1 CARON OF BERMUDA R 96000