2012-05-08T10:39:37-05:00 2011-06-30 MOORE STEPHENS LOVELACE PA 1201 S ORLANDO AVENUE SUITE 400 WINTER PARK FL 327897192 990 2010-07-01 650091025 SARASOTA-MANATEE JEWISH HOUSING COUNCIL INC SARA 9413770781 1951 NORTH HONORE AVENUE SARASOTA FL 34235 DARLENE ARBEIT 9413770781 2012-05-08 1 HARRY E HARP CPA 4077405400 2010 2016-02-24 21:20:13Z DARLENE ARBEIT 1951 NORTH HONORE AVENUE SARASOTA FL 34235 10273100 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. 29 29 224 100 6208 0 622316 453347 9275027 9722198 6193 7175 64425 49825 9967961 10232545 0 0 0 0 4376212 4637250 0 0 0 6443000 6612859 10819212 11250109 -851251 -1017564 23678334 24573974 40798659 42641780 -17120325 -18067806 X THE ORGANIZATION FOSTERS AND PROMOTES DEVELOPMENT OF HOUSING AND RELATED SERVICES TO MEET THE NEEDS OF SENIOR ADULTS. 0 0 9683131 9736185 THE ORGANIZATION OPERATES KOBERNICK HOUSE, AN INDEPENDENT LIVING RETIREMENT COMMUNITY CONSISTING OF 191 RENTAL APARTMENT UNITS, AND THE ANCHIN PAVILION, AN ASSISTED LIVING FACILITY CONSISTING OF 70 UNITS, OF WHICH 26 ARE FOR MEMORY IMPAIRMENT. IN APRIL 2010, THE COUNCIL BEGAN CONSTRUCTION TO CONVERT THE THIRD FLOOR OF ANCHIN PAVILION INTO A 50-BED SKILLED NURSING FACILITY. IN ADDITION TO THE INDEPENDENT AND ASSISTED LIVING UNITS, 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. 9683131 1 1 0 0 0 0 0 1 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 1 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 26 0 1 224 1 0 0 0 0 0 0 0 0 0 0 X 29 29 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 N HONORE AVENUE SARASOTA FL 34235 HOWARD GREBER 1.00 X X 0 0 0 STEVEN GREENFIELD 1.00 X X 0 0 0 GERALD LEVINSON 1.00 X X 0 0 0 HENRY MASON 1.00 X X 0 0 0 ELI NEFUSSY 1.00 X X 0 0 0 KENNETH STOCK 1.00 X X 0 0 0 MYRON ASH 1.00 X 0 0 0 BARBARA BASEMAN 1.00 X 0 0 0 GERALD DANIEL 1.00 X 0 0 0 SHEILA BIRNBAUM 1.00 X 0 0 0 MARIE BROWN 1.00 X 0 0 0 GERSHOM COHN 1.00 X 0 0 0 HILDA CORMAN 1.00 X 0 0 0 RALPH FRIEDLAND 1.00 X 0 0 0 JUDY GOFMAN 1.00 X 0 0 0 ROBIN DISABATINO 1.00 X 0 0 0 RON HYATT 1.00 X 0 0 0 AUDREY WATSON-KAPLAN 1.00 X 0 0 0 DONNA LERNER 1.00 X 0 0 0 MARTIN LIPTON 1.00 X 0 0 0 ELKAN RIES 1.00 X 0 0 0 MURRAY SEITMAN 1.00 X 0 0 0 STEVE EICHENBAUM 1.00 X 0 0 0 DEBBIE YONKER 1.00 X 0 0 0 JACK WEINTRAUB 1.00 X 0 0 0 DAVID SALZMAN 1.00 X 0 0 0 JAMES SLAVIN 1.00 X 0 0 0 NATE BENDERSON 1.00 X 0 0 0 ROSA WARBURG 1.00 X 0 0 0 DARLENE ARBEIT 40.00 X 168831 0 20600 168831 0 20600 1 0 1 0 SYSCO WEST COAST FLORIDA PO BOX 1839 PALMETTO FL 34220 FOOD SERVICE 351084 UNITED HEALTH CARE INSURANCE COMPANY DEPT CH 10151 PALATINE FL 600550151 HEALTH INSURANCE 346048 BEST VALUE PO BOX 470607 MIAMI FL 332470607 FOOD SERVICE 199497 3 447335 6012 453347 RENTAL INCOME 623000 9198476 9198476 ANCILLIARY INCOME 623000 341161 334953 6208 REFURBISHING INCOME 623000 182561 182561 9722198 7068 7068 107 107 107 107 70185 40555 29630 29630 MISCELLANEOUS INCOME 900099 20195 20195 20195 10232545 9736185 6208 36805 189431 189431 3734300 3734300 286441 286441 427078 427078 60096 60096 34834 34834 550 550 81218 81218 315781 315781 787161 787161 28010 5915 22095 2223778 2223778 1208308 1208308 357245 357245 DIETARY AND KITCHEN 680788 680788 REPAIRS AND MAINTENANCE 302597 302597 LICENSES, TAXES & FEES 259094 259094 CONTRACT SERVICES 215226 215226 OPERATING SUPPLIES 23995 23995 34178 34168 10 11250109 9683131 1566978 0 98488 75263 7581 35502 595523 596640 45596 39853 193732 194792 35097493 15457365 18961863 19640128 3775551 3991796 23678334 24573974 1504425 979403 692652 940502 37412362 37455594 82674 61157 1106546 3205124 40798659 42641780 X -17276126 -18293690 155801 225884 -17120325 -18067806 23678334 24573974 X -1017564 70083 X X 0 1 1 X 0 X 395359 544209 595071 622316 453347 2610302 11263528 10164563 9463734 9275027 9715990 49882842 11658887 10708772 10058805 9897343 10169337 52493144 0 0 0 52493144 182179 147660 34506 6193 7175 377713 182179 147660 34506 6193 7175 377713 13209 19798 10483 64425 20195 128110 11854275 10876230 10103794 9967961 10196707 52998967 0.99050 0.98910 0.00710 0.00890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 4445 5367 5281 4531 0 1593268 1593268 25799347 10167870 15631477 6104284 4461280 1643004 1600594 828215 772379 19640128 DEFERRED FINANCING COSTS 708094 SPLIT INTEREST AGREEMENTS 335982 DEBT SERVICE RESERVE FUND 1447556 BOND RESERVE FUND 1500164 3991796 INTERCOMPANY LOANS 3205124 3205124 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. GALA 70185 70185 40555 70185 70185 40555 40555 29630 X X X 0 0 0 0 0 0 0 0 0 DARLENE ARBEIT 168831 0 0 0 0 0 0 0 20600 0 189431 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 2007 1 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 FORM 990, SCHEDULE K, PART I, 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, FINANCE THE COST OF CAPITAL IMPROVEMENTS TO KOBERNICK HOUSE AND ANCHIN PAVILION, PAY CERTAIN COSTS OF ISSUANCE RELATED TO THE SERIES 2007 BONDS, AND FUND A DEBT SERVICE RESERVE FUND. SCHEDULE K, PART I, LINE A, COLUMN C INFORMATION PRETAINING TO CUSIP OF 2007 SERIES BOND ISSUE: THE SERIES 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 $11,410,000 80329LBP3 $17,570,000 80329LBQ1 SCHEDULE K, PART II, LINE 3, 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 I, 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 BOARD OF DIRECTORS FOR FINAL APPROVAL BEFORE IT IS FILED. 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 EXIST. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: CHANGE IN FAIR VALUE OF INTEREST RATE 70,083. TOTAL TO FORM 990, PART XI, LINE 5: 70,083. OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PART XII, LINE 2C 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 STATEMENTS. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. JEWISH HOUSING COUNCIL FOUNDATION INC 1951 NORTH HONORE AVENUE SARASOTA FL 34235 200910348 PROVIDE FINANCIAL SUPPORT TO THIS ORGANIZATION FL 501(C)(3) 509(A)(3), TYPE I N/A 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 JEWISH HOUSING COUNCIL FOUNDATION INC C 447335 FAIR MARKET VALUE JEWISH HOUSING COUNCIL FOUNDATION INC D 596640 FAIR MARKET VALUE JEWISH HOUSING COUNCIL FOUNDATION INC E 4019982 FAIR MARKET VALUE