2012-05-01T16:12:50-05:00 2011-09-30 VANACOREDEBENEDICTUSDIGOVANNI&WEDDELL 11 RACQUET RD NEWBURGH NY 12550 990 2010-10-01 237334637 VASSAR-WARNER HOME VASS 8454543754 52 SOUTH HAMILTON STREET POUGHKEEPSIE NY 12601 IRENE P ANDUJAR 8454543754 2012-02-29 true KAREN L STAPLES CPA 8455679000 2012-03-05 2010 2016-02-24 21:20:13Z IRENE P ANDUJAR 52 SOUTH HAMILTON STREET POUGHKEEPSIE NY 12601 1858625 false X WWW.VASSARWARNER.ORG X 1871 NY OFFER A SENSITIVE AND CARING ENVIRONMENT FOR RESIDENTS WITH THE HIGHEST QUALITY OF SERVICE REGARDLESS OF RACE, RELIGION, ETHNIC ORIGIN, OR SOCIO-ECONOMIC BACKGROUND. WE WILL MAKE EVERY EFFORT TO PROVIDE THE COMPASSION AND WARMTH OF A TRUE HOME. OUR RESIDENTS WILL MAINTAIN INDIVIDUAL WELL-BEING, DIGNITY, INDEPENDENCE, AND A STRONG SENSE OF COMMUNITY. 19 19 51 12 0 550895 211869 1538054 1623842 3836 2621 14045 20293 2106830 1858625 0 0 1188219 1258764 0 0 568039 580729 1756258 1839493 350572 19132 4474475 4533268 210945 314684 4263530 4218584 X OFFER A SENSITIVE AND CARING ENVIRONMENT FOR RESIDENTS WITH THE HIGHEST QUALITY OF SERVICE REGARDLESS OF RACE, RELIGION, ETHNIC ORIGIN, OR SOCIO-ECONOMIC BACKGROUND. WE WILL MAKE EVERY EFFORT TO PROVIDE THE COMPASSION AND WARMTH OF A TRUE HOME. OUR RESIDENTS WILL MAINTAIN INDIVIDUAL WELL-BEING, DIGNITY, INDEPENDENCE, AND A STRONG SENSE OF COMMUNITY. false false 1389948 1515298 ADULT CARE FACILITY - SPECIFICALLY AN ADULT HOME PROVIDING CARE AND SERVICES TO SENIORS IN A HOME-LIKE ENVIRONMENT, ENABLING RESIDENTS TO ENJOY THEIR INDEPENDENCE WITH THE ADDED COMFORT AND PROTECTION OF ASSISTANCE WHEN NEEDED. 91473 112784 ASSISTED LIVING PROGRAM - PROVIDES ADDITIONAL SERVICES TO HELP RESIDENTS MANAGE THEIR ACTIVITIES OF DAILY LIVING, FOR THOSE WHO NEED A LITTLE MORE ASSISTANCE THAN CAN BE PROVIDED IN THE ADULT HOME, BUT DO NOT REQUIRE A SKILLED NURSING ENVIRONMENT. 1481421 true true false false false false false false false true true false false true true true false true false false false false false false false false false false false false false false false false false false false false false false false false false true true true false false true 0 0 true 51 true false false false false false false false false false false false false X 19 19 false false false false true false false true true false false true true true true true true true false false NY X X CHERYL HOLT 8454543754 52 SOUTH HAMILTON STREET POUGHKEEPSIE NY 12601 DAVID AUGELLO 1.00 X 0 0 0 ANTHONY CAMPILII 1.00 X 0 0 0 LEVESTER CANNON 1.00 X X 0 0 0 JOANNE CORLISS 1.00 X 0 0 0 ANNE H CROSS 1.00 X 0 0 0 GRACE DIETZ 1.00 X X 0 0 0 BRIAN DOYLE 1.00 X 0 0 0 LUCY HAWKINS 1.00 X X 0 0 0 JOHN H LIBOLT 1.00 X 0 0 0 LINDA LURIE 1.00 X 0 0 0 LINDA MCREYNOLDS 1.00 X 0 0 0 HENRIETTA MOUNTZ 1.00 X X 0 0 0 ROBERT RANIERI 1.00 X 0 0 0 LINDA RIZZOTTO 1.00 X X 0 0 0 LAURIE COHN 1.00 X 0 0 0 JUDITH FOX 1.00 X 0 0 0 SHARI HUBNER 1.00 X 0 0 0 KATHLEEN METZGER 1.00 X 0 0 0 EDMOND G MURPHY 1.00 X 0 0 0 IRENE P ANDUJAR 40.00 X 88330 0 3398 88330 3398 false false false 98854 25370 87645 211869 ROOM AND BOARD 623990 1502978 1502978 ASSISTED LIVING 623990 112784 112784 RESPITE 623990 8080 8080 1623842 2621 2621 12100 12100 12100 12100 3953 3953 3953 MISCELLANEOUS 623990 4240 4240 4240 1858625 1628082 18674 965451 766902 198549 16238 13315 2923 185856 146278 39578 91219 72838 18381 15218 15218 19607 19607 6149 6149 12592 352 12240 153907 126270 27637 8131 6880 1251 101287 83015 18272 35747 35747 FOOD 124136 124136 SUPPLIES 75594 64750 10844 EQUIPMENT REPAIRS 10488 8937 1551 RESIDENTS BENEFIT EXPENSE 8585 8585 BAD DEBTS 5350 5350 3938 3809 129 1839493 1481421 358072 0 270994 286297 112786 64402 42085 49311 3085 3085 24174 8107 3056038 1670763 1221559 1385275 2799792 2736791 4474475 4533268 101059 187162 14710 19178 95176 108344 210945 314684 X 3387319 3333019 159428 168782 716783 716783 4263530 4218584 4474475 4533268 X 19132 -64078 X false true true X false X 28705 113973 37083 311619 211869 703249 1049204 1322842 1495004 1538054 1628082 7033186 1077909 1436815 1532087 1849673 1839951 7736435 75000 75000 374351 493168 867519 374351 568168 942519 6793916 128521 139752 109580 3836 14721 396410 128521 139752 109580 3836 14721 396410 32894 23291 5279 14045 8193 83702 1239324 1599858 1646946 1867554 1862865 8216547 0.82690 0.87260 0.05000 0.07000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false 876211 7657 19842 -18145 885565 843823 7087 37130 -11829 876211 0.81000 0.19000 false false false 3500 3500 2875024 1525739 1349285 177514 145024 32490 1385275 INTEREST IN VASSAR-WARNER HOME FND. 2717507 DUE FROM OTHER FUNDS 18207 EMPLOYEE LOANS 1077 2736791 SECURITY DEPOSITS PAYABLE 94302 DUE TO RESIDENTS 14042 108344 INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 TEMPORARILY RESTRICTED NET ASSETS ARE AVAILABLE FOR THE IMPROVEMENT OF THE QUALITY OF LIFE OF THE RESIDENTS AND TO PROVIDE NONESSENTIALS FOR THE RESIDENTS. PERMANENTLY RESTRICTED NET ASSETS REPRESENT DONATIONS TO BE INVESTED IN PERPETUITY, THE INCOME FROM WHICH IS EXPENDABLE TO SUPPORT RESIDENT ACTIVITIES AND ANY ACTIVITIES OF THE VASSAR-WARNER HOME. LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X THE HOME ADOPTED THE PROVISIONS OF ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REGARDING ACCOUNTING FOR UNCERTAIN TAX POSITIONS. MANAGEMENT EVALUATED THE HOME'S TAX POSITIONS AND CONCLUDED THAT THE HOME HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS IN ORDER TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE HOME IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS PRIOR TO 2008. SUPPLEMENTAL FINANCIAL INFORMATION SCHEDULE D, PAGE 4, PART XIV SCHEDULE D, PAGE 3, PART IX: VASSAR-WARNER HOME (THE "HOME") HAS AN OWNERSHIP INTEREST IN VASSAR-WARNER HOME FOUNDATION, INC. (THE "FOUNDATION") IN THE AMOUNT OF 2,717,507 AS IS STATED ON SCHEDULE D, PAGE 3, PART IX, OF THE FEDERAL FORM 990. THE FOUNDATION IS CONSIDERED BY THE INTERNAL REVENUE SERVICE AS A TYPE 1 SUPPORTING ORGANIZATION WHICH PROVIDES THE HOME WITH FINANCIAL SUPPORT IN THE AMOUNT OF 98,854 FOR THE YEAR ENDED SEPTEMBER 30, 2011. TOTAL NET ASSETS STATED ON PART X, PAGE 11, LINE 33, COLUMN B, OF THE FEDERAL FORM 990 IS 4,218,584 OF WHICH 2,717,509 REPRESENTS THE TOTAL NET ASSETS RELATED TO THE FOUNDATION, THROUGH THE HOME'S INVESTMENT, AND IS BROKEN DOWN AS FOLLOWS: 1,861,705 OF UNRESTRICTED NET ASSETS, 139,021 OF TEMPORARILY RESTRICTED NET ASSETS, AND 716,783 OF PERMANENTLY RESTRICTED NET ASSETS. THE REMAINDER OF THE TOTAL NET ASSETS IN THE AMOUNT OF 1,501,075 BELONGS TO THE HOME AND CAN BE UTILIZED BY THE HOME AS DONOR RESTRICTIONS STIPULATE. THE BREAKDOWN OF THE HOME'S TOTAL NET ASSETS LESS THE INVESTMENT PORTION IN THE FOUNDATION IS AS FOLLOWS: 1,471,314 OF UNRESTRICTED NET ASSETS AND 29,761 OF TEMPORARILY RESTRICTED NET ASSETS. GENERALLY ACCEPTED ACCOUNTING PRINCIPALS (GAAP) REQUIRES THE UTILIZATION OF THE EQUITY METHOD FOR AN OWNERSHIP PERCENTAGE OF 20% OR GREATER OR IF THERE IS SIGNIFICANT INFLUENCE WHEN THE OWNERSHIP PERCENTAGE IS LESS THEN 20%. GAAP ALSO REQUIRES THAT ENTITIES BE CONSOLIDATED WHEN OWNERSHIP IS GREATER THEN 50%. ENTITIES, FOR 990 PURPOSES, ARE NOT REQUIRED TO FILE CONSOLIDATED RETURNS. ORGANIZATIONS WHICH HAVE RECEIVED THE 501(C) STATUS BY THE INTERNAL REVENUE SERVICE MUST OBTAIN SPECIAL APPROVAL FROM THE INTERNAL REVENUE SERVICE FOR SUCH A FILING. IN ORDER TO PROPERLY REPRESENT THE BALANCE SHEET OF THE HOME ON A STAND ALONE BASIS THE INVESTMENT IN THE FOUNDATION MUST BE REFLECTED ON THE BOOKS FOR THE HOME. ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION OFFER A SENSITIVE AND CARING ENVIRONMENT FOR RESIDENTS WITH THE HIGHEST QUALITY OF SERVICE REGARDLESS OF RACE, RELIGION, ETHNIC ORIGIN, OR SOCIO-ECONOMIC BACKGROUND. WE WILL MAKE EVERY EFFORT TO PROVIDE THE COMPASSION AND WARMTH OF A TRUE HOME. OUR RESIDENTS WILL MAINTAIN INDIVIDUAL WELL-BEING, DIGNITY, INDEPENDENCE, AND A STRONG SENSE OF COMMUNITY. CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PAGE 6, PART VI, LINE 6 ALL MEMBERS OF THE GOVERNING BODY ARE CONSIDERED MEMBERS OF THE ORGANIZATION. ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES REVIEWED AND APPROVED THE FEDERAL FORM 990 PRIOR TO ITS FILING. A COPY OF THIS FORM 990, ALONG WITH EXPLANATORY NOTES, HAS ALSO BEEN EMAILED TO EACH TRUSTEE FOR HIS/HER REVIEW PRIOR TO FILING. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C ALL TRUSTEES ARE ASKED TO REVIEW AND DOCUMENT ANY CONFLICTS OF INTEREST ON AN ANNUAL BASIS. HOWEVER, TRUSTEES ARE REQUIRE TO DOCUMENT AND DISCLOSE ALL CONFLICTS OF INTEREST THAT ARISE PRIOR TO THE ANNUAL REVIEW AND DOCUMENTATION. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES RECEIVES WRITTEN FEEDBACK FROM THE FULL BOARD REGARDING EXECUTIVE DIRECTOR'S PERFORMANCE, THE WRITTEN PERFORMANCE PLAN AND STRATEGIC PLAN ARE REVIEWED AND EXECUTIVE DIRECTOR IS EVALUATED ON ALL. EXECUTIVE COMMITTEE ALSO PERFORMS SALARY COMPARISONS FOR OTHERS IN THE POSITION AND/OR INDUSTRY AND DECIDES COMPENSATION. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST. OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 THE AMOUNT OF -64,078 RELATES TO SUBSIDIARY LOSS. VASSAR-WARNER HOME FOUNDATION INC VASSAR-WARNER HOME FOUNDATION INC 52 SOUTH HAMILTON STREET 52 SOUTH HAMILTON STREET POUGHKEEPSIE NY 12601 311683859 SUPPORT NY 501C3 11A N/A true false false true false false false false false false false false false true false false false false false VASSAR-WARNER HOME FOUNDATION INC VASSAR-WARNER FOUNDATIN INC C 98854