2012-11-14T14:02:15-06:00 2011-12-31 420714325 MCGLADREY LLP 80 CITY SQUARE BOSTON MA 021293742 990 2011-01-01 043314106 LOOMIS SENIOR LIVING INC LOOM 4135325325 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 RSM MCGLADREY 4135325325 2012-11-14 1 LYNNE JOHNSON P00757336 6179129000 2011 2016-02-24 21:20:13Z REEDS LANDING CAROL C KATZ 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 9584116 0 X WWW.LOOMISCOMMUNITIES.ORG X 1996 MA 42 BED NURSING FACILITY AND RETIREMENT COMMUNITY LOCATED IN SPRINGFIELD, MASSACHUSETTS. 15 14 228 0 0 0 142297 48915 9216518 9010167 49446 111413 372113 411589 9780374 9582084 0 0 0 0 3818471 4214542 0 0 23348 5155655 5258612 8974126 9473154 806248 108930 25517316 26161629 24482437 25422467 1034879 739162 THE MISSION OF THE LOOMIS ORGANIZATION IS TO ENRICH THE LIVES OF SENIORS BY PROVIDING A CONTINUUM OF HIGH QUALITY SERVICES WHICH PROMOTES INDEPENDENCE AND MEETS THE CHANGING NEEDS OF PEOPLE THROUGHOUT THE AGING PROCESS. 0 0 7765939 9171017 LOOMIS SENIOR HOUSING IS A 42-BED NURSING FACILITY AND A RETIREMENT COMMUNITY LOCATED IN SPRINGFIELD, MASSACHUSETTS. THE RETIREMENT COMMUNITY CONSISTS OF 120 INDEPENDENT LIVING UNITS AND 54 ASSISTED LIVING UNITS. 7765939 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 228 1 0 0 0 0 0 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X CAROL C KATZ 4135325325 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 X DAVID HEALEY 2.00 X 0 0 0 KAY SORDILI 2.00 X 0 0 0 NANCY EDDY 1.00 X 0 0 0 WAYNE GASS 1.00 X 0 0 0 NORMAN HALPERN 1.00 X 0 0 0 GWENDOLYN JONES BOISSEAU 1.00 X 0 0 0 SARA LAWRENCE 1.00 X 0 0 0 PHYLLIS CAPERS 1.00 X 0 0 0 ANN MCINTOSH 1.00 X 0 0 0 VENUS ROBINSON 1.00 X 0 0 0 ROBERT POTASH 1.00 X 0 0 0 MARY-ANNE STEARNS 1.00 X 0 0 0 JOAN STEIGER 1.00 X 0 0 0 THOMAS SENECAL 1.00 X 0 0 0 RICHARD WHITING JR 1.00 X 0 0 0 CAROL C KATZ 10.00 X 0 197025 19907 MARGARET R MANTONI 10.00 X 0 173708 20897 PETER CONNOR 2.00 X 0 0 0 NANCY AZEVEDO 40.00 X 105447 0 10745 105447 370733 51549 1 0 1 0 SODEXHO PO BOX 360170 PITTSBURG PA 15251 FOOD SERVICES 807771 SUNDANCE REHABILITATION CORP 6549 PAYSPHERE CIRCLE CHICAGO IL 60674 THERAPIES 380383 WORLDWIDE STAFFING 425 UNION STREET SUITE B1 SPRINGFIELD MA 01089 NURSE STAFFING 204423 HEALEY & ASSOC GENERAL CONTRACTOR LLC 15 DRESSEL AVENUE BELCHERTOWN MA 01007 GENERAL CONTRACTOR 170855 MERCIER CARPET SERVICE 1343 RIVERDALE STREET W SPRINGFIELD MA 01089 CARPET/FLOOR INSTALLATION 139682 7 48915 48915 RESIDENT SERVICES 623000 4710769 4710769 NET PATIENT SERVICE RE 623000 2417518 2417518 MEDICARE PAYMENTS 623000 1433942 1433942 AMORT. OF ENTRANCE FEE 623990 447938 447938 9010167 76225 76225 37220 0 2032 37220 -2032 35188 35188 MEALS 900099 106526 53790 52736 PRIVATE DUTY HOME CARE 453220 68762 68762 SUPPLIES REVENUE 722210 62481 62481 173820 38298 135522 411589 9582084 9171017 0 362152 3540321 3193352 346969 41517 35089 6428 350776 317151 33625 281928 256166 25762 451867 44513 384006 23348 8176 8176 38922 38922 2097 2097 742791 742791 308563 308563 77910 77910 21707 21707 822493 822493 2491 2491 232296 232296 610420 610420 197224 2309 194915 FOOD 519811 519811 THERAPIES 379000 379000 SUPPLIES & EQUIPMENT 117657 117657 DRUGS & MEDICAL SUPPLIE 78664 78664 646523 646523 9473154 7765939 1683867 23348 500 500 2873314 3518623 890743 834266 133421 124564 20559379 1322703 18849444 19236676 1523780 1517409 1246114 929591 25517316 26161629 690995 836228 13233610 13738261 4387134 4289201 6170698 6558777 24482437 25422467 X 1034879 739162 1034879 739162 25517316 26161629 X 108930 -404647 X 0 1 1 X 0 X 142297 48915 191212 3595649 9353837 9171017 22120503 3595649 9496134 9219932 22311715 0 0 0 22311715 24780 48846 76225 149851 24780 48846 76225 149851 30939 234794 250739 516472 3651368 9779774 9546896 22978038 0.97100 0.97470 0.00650 0.00550 X 19313537 1139013 18174524 950319 183690 766629 295523 295523 19236676 DUE TO LOOMIS HOUSE, INC. 578901 DUE TO LOOMIS COMMUNITIES, INC. 4966764 DUE TO PIONEER VALLEY LIVING CARE CENTER AT AMHERST, INC. 984302 LIABILITY UNDER CHARITABLE GIFT ANNUITY 28810 6558777 9582084 9473154 108930 -9579 -287914 -107154 -404647 -295717 9465351 -9579 -107154 -116733 9582084 0 9582084 9473154 0 9473154 0 9473154 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION HAS ADOPTED THE FINANCIAL ACCOUNTING STANDARD BOARD'S ("FASB") ACCOUNTING STANDARD REGARDING ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES BY PRESCRIBING THE RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. MANAGEMENT BELIEVES THE ORGANIZATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2008. THE ORGANIZATION WILL ACCOUNT FOR INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS, IF ANY, AS PART OF THE TAX EXPENSE. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -1,459. OTHER THAN TEMPORARILY IMPAIRED INVESTMENT LOSSES -105,695. TOTAL TO SCHEDULE D, PART XI, LINE 8: -107,154. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -1,459. OTHER THAN TEMPORARILY IMPAIRED INVESTMENTS LOSSES -105,695. X X X 0 0 0 1 1 1 1 0 0 CAROL C KATZ 0 172873 0 12180 0 11972 0 6077 0 13830 0 216932 0 0 MARGARET R MANTONI 0 154766 0 9333 0 9609 0 5186 0 15711 0 194605 0 0 PART I, LINE 5 THE VARIABLE COMPENSATION PACKAGE FOR THE CEO, CFO, DIRECTOR OF OPERATIONS, MARKETING DIRECTOR, DEVELOPMENT DIRECTOR AND THE ADMINISTRATORS INCLUDE A PERCENTAGE FOR ACHIEVING BUDGETS, WHICH HAVE A REVENUE COMPONENT TO THEM. THE COMPENSATION IS NOT TIED DIRECTLY TO REVENUE ON ITS OWN. PART I, LINE 6 THE VARIABLE COMPENSATION PACKAGE FOR THE CEO, CFO, DIRECTOR OF OPERATIONS, MARKETING DIRECTOR, DEVELOPMENT DIRECTOR AND THE ADMINISTRATORS INCLUDE A PERCENTAGE FOR ACHIEVING BUDGETS, WHICH ARE BASED ON NET EARNINGS. THE COMPENSATION IS NOT TIED DIRECTLY TO NET EARNINGS ON ITS OWN. HEALEY CONSTRUCTION THE COMPANY IS OWNED BY A FAMILY MEMBER OF DAVID HEALEY, BOARD DIRECTOR 170855 CONSTRUCTION SERVICES 0 FORM 990, PART VI, SECTION B, LINE 11 THE COMPLETED FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND BY THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. ANY PERTINENT COMMENTS OR RECOMMENDATIONS ARE PRESENTED BY THOSE COMMITTEES TO THE FULL BOARD. EACH MEMBER OF THE BOARD RECEIVES A COPY OF THE FORM 990; AND IT IS POSTED ON THE ORGANIZATION'S WEB SITE FOR ACCESS BY MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C IN MAY OF EACH YEAR, FOLLOWING THE ANNUAL MEETING, EACH MEMBER OF THE BOARD OF DIRECTORS RECEIVES A COPY OF THE CONFLICT OF INTEREST POLICY, AND A FORM ON WHICH TO INDICATE ANY KNOWN OR POTENTIAL CONFLICTS OR DUALITIES OF INTEREST. BOARD MEMBERS ARE ASKED TO SIGN THE POLICY ITSELF, AND TO COMPLETE THE FORM REQUESTING ANY CONFLICTS OR DUALITIES. AT THE BOARD OF DIRECTORS MEETING IN JUNE OF EACH YEAR, EACH BOARD MEMBER RECEIVES A COPY OF EVERY OTHER BOARD MEMBER'S SIGNED FORMS; IF THERE ARE ANY CONFLICTS OR DUALITIES, THEY ARE DISCLOSED TO THE FULL BOARD. IF THERE IS A BOARD MEMBER WITH A CONFLICT RELATED TO A PARTICULAR DISCUSSION OR VOTE, THAT BOARD MEMBER EXCUSES HIM OR HERSELF FROM THE MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS CONDUCTS AN ANNUAL REVIEW OF THE CEO, BOTH FOR PERFORMANCE AND FOR COMPENSATION. THE CEO SUBMITS A SELF-EVALUATION AND REPORTS ON ACHIEVEMENT OF GOALS ESTABLISHED FOR THE PRIOR YEAR; ALL BOARD MEMBERS PROVIDE FEEDBACK. THE COMPENSATION COMMITTEE CONDUCTS A REVIEW OF SALARIES AND BENEFITS FOR POSITIONS COMPARABLE TO THE CEO. SOURCES FOR THE INFORMATION INCLUDE, BUT ARE NOT LIMITED TO: WAGE SURVEYS FROM THE ORGANIZATION'S STATE AND NATIONAL MEMBERSHIP ORGANIZATIONS; LOCAL EMPLOYERS' ASSOCIATION WAGE SURVEYS; PRIVATE WAGE SURVEYS FROM CONSULTANTS AND COLLEAGUES; WAGES AS REPORTED ON OTHER ORGANIZATIONS' FORM 990S; INFORMATION FROM INDEPENDENT AUDITOR. THE COMPENSATION COMMITTEE PRESENTS ITS RECOMMENDATION FOR CEO SALARY AND BENEFITS TO THE FULL BOARD FOR DISCUSSION AND VOTE. THE CEO PRESENTS ANNUALLY TO THE FULL BOARD OF DIRECTORS A SPREADSHEET WITH THE CURRENT SALARIES AND BENEFITS OF EACH MEMBER OF SENIOR MANAGEMENT: CFO, DIRECTOR OF OPERATIONS, DIRECTOR OF MARKETING, DIRECTOR OF DEVELOPMENT, AND THE ADMINISTRATORS OF THE ORGANIZATIONS, ALONG WITH RECOMMENDATIONS FOR ANY CHANGES IN SALARIES AND BENEFITS. COMPARABLE SALARIES FOR THESE POSITIONS ARE INCLUDED, OBTAINED FROM INFORMATION AS DESCRIBED ABOVE. THE FULL BOARD OF DIRECTORS VOTES TO APPROVE THESE SALARIES AND BENEFITS. 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 GUIDESTAR AND THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. FORM 990, PART VII, SECTION A: CAROL C. KATZ IS COMPENSATED FOR SERVICES PROVIDED TO LOOMIS COMMUNITIES, INC. AND AFFILIATES AS PRESIDENT & CEO. CAROL WORKS AN AVERAGE OF 40 HOURS PER WEEK IN HER POSITION AS PRESIDENT & CEO FOR LOOMIS COMMUNITIES, INC. AND AFFILIATES. MARGARET R. MANTONI IS COMPENSATED FOR SERVICES PROVIDED TO LOOMIS COMMUNITIES, INC. AND AFFILIATES AS CFO. MARGARET WORKS AN AVERAGE OF 40 HOURS PER WEEK IN HER POSITION AS CFO FOR LOOMIS COMMUNITIES, INC. AND AFFILIATES. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -9,579. PRIOR PERIOD ADJUSTMENTS: -287,914. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENT -1,459. OTHER THAN TEMPORARILY IMPAIRED INVESTMENT LOSSES -105,695. TOTAL TO FORM 990, PART XI, LINE 5: -404,647. LOOMIS COMMUNITIES INC 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 042706070 ASSISTED & INDEPENDENT LIVING FACILITIES MA 501(C)(3) LINE 9 N/A 0 WRIGHT CHARITIES CORP 246 NORTH MAIN STREET SOUTH HADLEY MA 01075 042104166 FINANCIAL ASSISTANCE FOR ELDERLY MA 501(C)(3) LINE 9 N/A 0 PIONEER VALLEY LIVING CARE CENTER AT AMHERST INC ONE SPENCER DRIVE AMHERST MA 01002 222777127 INDEPENDENT RETIREMENT COMMUNITY MA 501(C)(3) PF N/A 0 REEDS LANDING FOUNDATION INC 807 WILBRAHAM ROAD SPRINGFIELD MA 01109 202640490 HOLDS INVESTMENTS MA 501(C)(3) LINE 11A, I N/A 0 LOOMIS HOUSE INC 298 JARVIS AVENUE HOLYOKE MA 01040 042108366 NURSING HOME MA 501(C)(3) LINE 9 N/A 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 1 1