2012-12-20T14:00:35-06:00 2011-12-31 131517563 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2011-01-01 113072153 SHOREFRONT JEWISH GERIATRIC CENTER INC SHOR 7189217742 6323 7TH AVENUE BROOKLYN NY 11220 ALEX BALKO 7189217742 2012-11-29 1 FREDERICK H ROTHMAN P01275277 2128674000 2011 2016-02-24 21:20:13Z SHOREFRONT CENTER FOR REHABILITATION AND NURSING CARE ALEX BALKO 6323 7TH AVENUE BROOKLYN NY 11220 79171954 0 X WWW.MJHS.ORG X 1993 NY A 360 BED SKILLED NURSING AND REHABILITATION FACILITY WITH ADULT DAY CARE SERVICES. 9 8 626 58 0 0 0 0 43950828 55905274 1767404 181785 36485 61718 45754717 56148777 0 0 0 0 30334232 36521929 0 0 0 13786592 17598130 44120824 54120059 1633893 2028718 68631839 60012385 44249585 34615283 24382254 25397102 X TO OPERATE A NOT-FOR-PROFIT CENTER FOR REHABILITATION AND NURSING THAT PROVIDES PHYSICAL THERAPY AND SKILLED NURSING FOR PATIENTS AND RESIDENTS REQUIRING SUB-ACUTE AND LONG-TERM CARE. SHOREFRONT ALSO PROVIDES ADULT DAY CARE SERVICES. 1 1 35994700 48683950 SHOREFRONT IS A 360 BED, NOT-FOR-PROFIT FACILITY THAT PROVIDES SUB-ACUTE REHABILITATION SERVICES INCLUDING: PHYSICAL THERAPY, OCCUPATIONAL THERAPY, RECREATIONAL THERAPY, SPEECH AND LANGUAGE THERAPY, ETC.) FOR ADULTS OF ALL AGES, AND SKILLED NURSING CARE FOR THE ELDERLY AND INDIVIDUALS 18 YEARS AND OLDER WHO HAVE SEVERELY DISABLING DISORDERS THAT REQUIRE LONG-TERM INSTITUTIONAL CARE. LOCATED ON THE WORLD FAMOUS CONEY ISLAND BOARDWALK IN BROOKLYN, SHOREFRONT COMBINES THE CLINICAL SERVICES, COMPASSIONATE CARE AND PHYSICAL SURROUNDINGS PATIENTS, RESIDENTS AND FAMILY MEMBERS SEARCH FOR WHEN CHOOSING A CENTER FOR REHABILITATION AND NURSING CARE. SHOREFRONT PROVIDED A TOTAL OF 128,283 DAYS OF SKILLED NURSING CARE IN 2011. 4908368 7221324 SHOREFRONT JEWISH GERIATRIC CENTER ALSO PROVIDES AN ADULT DAY HEALTH CENTER FOR THE COMMUNITY. THE CLINICALLY BASED PROGRAM SERVES THE NEEDS OF SENIORS AS WELL AS ADULTS WITH CHRONIC CONDITIONS AND DISABILITIES. IT IS DESIGNED TO HELP CLIENTS STRENGTHEN AND RETAIN THEIR MENTAL ABD PHYSICAL ACUITY SO THAT THEY CAN REMAIN AS INDEPENDENT AS POSSIBLE. THE ADULT DAY HEALTH CENTER PROVIDES HOT MEALS AS WELL AS TRANSPORTATION. IN CALENDAR YEAR 2011, SHOREFRONT PROVIDED A TOTAL OF 40,920 VISITS OF ADULT DAY CARE. 40903068 1 0 0 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 93 0 626 1 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X PEGGY GUNDERMAN 7189217742 6323-7TH AVENUE BROOKLYN NY 11220 ELI S FELDMAN 2.50 X X 96203 1154440 274708 STEVEN TOPAL 0.50 X X 0 0 0 MAURICE KOLODIN 0.50 X X 0 0 0 SHMUEL LEFKOWITZ 0.50 X 0 0 0 JACOB FRIEDMAN 0.50 X 0 0 0 RONALD B MILCH 0.50 X 0 0 0 PAUL FINKELSTEIN MD 0.50 X 0 0 0 HOWARD GREENBERG 0.50 X 0 0 0 FRED ABRAMS 0.50 X 0 0 0 ROBERT LEAMER 2.50 X 31186 374232 130179 ALEXANDER BALKO 2.50 X 53494 652625 172874 ELLIOT BROOKS 7.00 X 87029 317036 111406 CAROL ALTIERI 11.50 X 81162 162324 45739 SUSAN CAPUTO 0.50 X 7334 498694 198022 VITALY AGARONOV 35.00 X 204820 0 39154 CHARLES KANNER 35.00 X 198008 0 44373 MOHAMMAD BUTT 35.00 X 224803 0 36342 VINCENT MARCHELLO 35.00 X 376175 0 46650 LAWRENCE SHEVLIN 35.00 X 194169 0 39577 1554383 3159351 1139024 22 0 1 0 BJK INC (CHEM RX) PO BOX 1060 LONG BEACH NY 11561 PHARMACEUTICAL 765587 MMS PO BOX 643925 CINCINNATI OH 452643925 HOME HEALTH AIDES 541048 ZEE JAY REALTY 2161 81ST ST BROOKLYN NY 11214 OCCUPANCY 452480 UNITEX TEXTILE RENTAL SERVICE 401 SO MACQUESTEN PKWY MT VERNON NY 10550 LAUNDRY 381559 ABALINE PO BOX 10 PORT READING NJ 07064 OFFICE SERVICES 316401 19 SKILLED NURSING FACILI 623000 48683950 48683950 ADULT DAY CARE 623000 7221324 7221324 55905274 224427 224427 22980535 23023177 -42642 -42642 -42642 61718 61718 61718 56148777 55905274 0 243503 442760 442760 25635271 22856569 2778702 2000181 1686794 313387 6449197 5426125 1023072 1994520 1791772 202748 71 71 94118 94118 51938 51938 3105777 2300203 805574 643729 1933 641796 4037990 3415693 622297 147612 147612 1840655 1160640 680015 153034 147397 5637 69057 14844 54213 1170891 692735 478156 2229290 1328312 900978 686019 53154 632865 ASSESSMENT 2535154 2535154 BAD DEBT 725230 725230 ASSOCIATION DUES 10653 10653 96912 16244 80668 54120059 40903068 13216991 0 6000 24620 25455151 16563795 6390 102 5010245 6369958 8632 48111 69464027 50508229 20296878 18955798 15483492 15349866 2365051 2700135 68631839 60012385 3422215 4601113 22410000 21204000 18417370 8810170 44249585 34615283 X 24382254 25397102 24382254 25397102 68631839 60012385 X 2028718 -1013870 X X 0 1 1 X 0 X 27688 27688 146542995 88401559 43924383 43950828 55905274 378725039 146542995 88429247 43924383 43950828 55905274 378752727 0 0 0 378752727 2411328 324706 247990 329515 224427 3537966 2411328 324706 247990 329515 224427 3537966 150238 49930 1013710 36485 61718 1312081 149104561 88803883 45186083 44316828 56191419 383602774 0.98740 0.98410 0.00920 0.00810 X 0 0 0 0 0 0 0 0 1 10653 10653 0 EXPLANATION OF LOBBYING ACTIVITIES: PART II-B, LINE 1: LOBBYING PORTION OF ASSOCIATION DUES 659888 659888 51773831 37068672 14705159 15409637 13040526 2369111 1620671 399031 1221640 18955798 PATIENT TRUST FUNDS 418445 DUE TO THIRD PARTIES 4357631 SWAP LIABILITY RELATED TO LONG TERM DEBT 4034094 8810170 56148777 54120059 2028718 -39636 -974234 -1013870 1014848 56057203 -39636 -39636 56096839 51938 51938 56148777 55042355 974234 974234 54068121 51938 51938 54120059 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SHOREFRONT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2008 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: LOSS ON SWAP AGREEMENT RELATED TO LONG TERM DEBT -974,234. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SWAP AGREEMENT 974,234. X X X X X X 0 1 0 0 0 0 0 1 0 ELI S FELDMAN 88424 1061093 0 0 7779 93347 18086 217033 3045 36544 117334 1408017 0 0 ROBERT LEAMER 27297 327561 0 0 3889 46671 7395 88739 2619 31426 41200 494397 0 0 ALEXANDER BALKO 48446 591045 0 0 5048 61580 10517 128312 2579 31466 66590 812403 0 0 ELLIOT BROOKS 76412 278359 0 0 10617 38677 20619 75112 3376 12299 111024 404447 0 0 CAROL ALTIERI 65860 131720 9900 19800 5402 10804 4895 9791 10351 20702 96408 192817 0 0 SUSAN CAPUTO 6671 453601 0 0 663 45093 2306 156787 564 38365 10204 693846 0 0 VITALY AGARONOV 203156 0 0 0 1664 0 9454 0 29700 0 243974 0 0 0 CHARLES KANNER 197676 0 0 0 332 0 11820 0 32553 0 242381 0 0 0 MOHAMMAD BUTT 224318 0 0 0 485 0 11611 0 24731 0 261145 0 0 0 VINCENT MARCHELLO 358454 0 2000 0 15721 0 17763 0 28887 0 422825 0 0 0 LAWRENCE SHEVLIN 193884 0 0 0 285 0 10636 0 28941 0 233746 0 0 0 PART I, LINE 4B PARTICIPATED IN, OR RECEIVED PAYMENT FROM, A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: ALEXANDER BALKO - $17,333 ELLIOT BROOKS - $17,333 SUE CAPUTO - $17,333 ROBERT LEAMER - $17,333 PART I, LINE 7 BONUS ELIGIBILITY IS BASED ON THE EXTENT THAT EACH EXECUTIVE AND EMPLOYEE HAS ACHIEVED HIS/HER GOAL. NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 SCHKPARTV 2007-06-27 26057000 REFUND PRIOR ISSUE (1/13/03) AND PAYOFF EXISTING DEBT 0 0 0 4853000 30093672 820 16271988 521140 6148601 715113 2007 0 1 1 1 0 1 1 COMMERCE BANK NA 16.600000000000 1 0 0 0 1 FORM 990, SCHEDULE K, PART I, COLUMN C CUSIP # 9AMBD4J41 CUSIP # 9AMBD4J58 FORM 990, SCHEDULE K, PART II, LINE 3 THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS. NEW PROGRAM SERVICES FORM 990, PART III, LINE 2 IN 2011 SHOREFRONT BEGAN PROVIDING ADULT DAY CARE SERVICES CHANGES IN PROGRAM SERVICES FORM 990, PART III, LINE 3 IN 2011 SHOREFRONT STOPPED PROVIDING HOME CARE SERVICES FORM 990, PART VI, SECTION A, LINE 6 METROPOLITAN JEWISH HEALTH SYSTEM, INC. IS THE SOLE MEMBER OF SHOREFRONT JEWISH GERIATRIC CENTER, INC. FORM 990, PART VI, SECTION A, LINE 7A METROPOLITAN JEWISH HEALTH SYSTEM, INC. MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 DRAFTS OF THE COMPLETED RETURNS ARE REVIEWED BY THE EXECUTIVE VP/CFO, SENIOR VP/GENERAL COUNSEL AND THEIR STAFF. ANY COMMENTS ARISING FROM THEIR REVIEW ARE DISCUSSED AND IF REQUIRED, CHANGES ARE MADE TO THE DRAFT. THAT DRAFT WILL BE SUBMITTED TO THE FINANCE AND INVESTMENT COMMITTEE FOR ITS REVIEW AND APPROVAL. ONCE THE FINANCE AND INVESTMENT COMMITTEE HAS COMPLETED ITS REVIEW COPIES OF THE RETURNS WILL BE PROVIDED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, KEY EMPLOYEE AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS MUST FILE AND MAINTAIN CURRENT THE ORGANIZATION'S DIRECTORS BIOGRAPHICAL INFORMATION FORM AND, ON AN ANNUAL BASIS, COMPLETE THE ORGANIZATION'S DIRECTORS CONFLICT OF INTEREST STATEMENT AND ACKNOWLEDGEMENT WHICH ACKNOWLEDGES THAT EACH INDIVIDUAL HAS DISCLOSED ANY POTENTIAL CONFLICT OF INTEREST; RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; READ AND UNDERSTANDS THE CONFLICTS OF INTEREST POLICY; AND AGREED TO COMPLY WITH THE CONFLICTS OF INTEREST POLICY. THE SENIOR VICE PRESIDENT/GENERAL COUNSEL SUPERVISES THE DISTRIBUTION, COLLECTION AND REVIEW OF THE ANNUAL DIRECTORS CONFLICT OF INTEREST STATEMENT AND ACKNOWLEDGEMENT. FROM TIME TO TIME, DIRECTORS, PRINCIPAL OFFICERS, KEY EMPLOYEES AND/OR COMMITTEE MEMBERS ARE REMINDED OF THEIR OBLIGATION TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS OF INTEREST WHEN AND IF THEY ARISE. PROCEDURES FOR MANAGING IDENTIFIED CONFLICTS: EACH DIRECTOR, PRINCIPAL OFFICER, KEY EMPLOYEE AND MEMBER OF A BOARD COMMITTEE IS REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE INDIVIDUAL CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IN THE EVENT OF SUCH A DISCLOSURE, THE INTERESTED PARTY IS EXCUSED FROM THE MEETING AND THE BOARD/COMMITTEE DETERMINES WHETHER A CONFLICT EXISTS. IF THE BOARD/COMMITTEE DETERMINES THAT A CONFLICT EXISTS, THE CHAIRPERSON OF THE BOARD OR DESIGNEE (IF APPROPRIATE) WILL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE AND REPORT TO THE BOARD OF DIRECTORS ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. BASED ON THE INFORMATION FURNISHED BY THE DISINTERESTED PERSON OR COMMITTEE, THE BOARD OF DIRECTORS WILL MAKE A DETERMINATION OF WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR MORE REASONABLE ARRANGEMENTS FROM AN ENTITY OR PERSON THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST IS NOT REASONABLY ATTAINABLE UNDER THE CIRCUMSTANCES, THE BOARD OF DIRECTORS WILL DETERMINE, BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION. ALL OF THE ACTIONS STATED ABOVE SHALL BE REFLECTED IN THE BOARD/COMMITTEE MINUTES. IN THE EVENT THAT A DIRECTOR, PRINCIPAL OFFICER, KEY EMPLOYEE OR MEMBER OF A BOARD COMMITTEE FAILS TO DISCLOSE A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE BOARD/COMMITTEE, AFTER AFFORDING THE INDIVIDUAL DUE PROCESS, SHALL DETERMINE WHETHER THE INDIVIDUAL VIOLATED THE CONFLICT OF INTEREST POLICY BY FAILING TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST AND, IN THE EVENT OF A DETERMINATION THAT A VIOLATION OCCURRED, TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, THE ORGANIZATION RETAINS THE SERVICES OF A MAJOR EXECUTIVE COMPENSATION FIRM TO REVIEW MARKET PAY PRACTICES AND AVERAGE SALARY MOVEMENT AMONG SIMILARLY SITUATED EXECUTIVES. THE EXECUTIVE COMPENSATION FIRM IS ASKED TO DEVELOP A COMPARATIVE BASE THAT IS AS CLOSE AS POSSIBLE TO OUR ORGANIZATION. DIFFERENT COMPARATIVE GROUPS ARE CONSIDERED FOR EACH POSITION, CEO AND SENIOR VP'S AS APPROPRIATE. THIS WAS LAST COMPLETED IN JANUARY 2011. THIS MARKET ANALYSIS IS THEN REVIEWED BY THE COMPENSATION COMMITTEE IN DETERMINING SALARY ADJUSTMENTS FROM THE PERSPECTIVE OF MARKET COMPETITIVENESS AND PRIOR YEAR PERFORMANCE. PERFORMANCE IS BASED ON THE EXTENT THAT EACH EXECUTIVE HAS ACHIEVED HIS/HER GOALS. BONUS ELIGIBILITY IS DONE IN A SIMILAR MANNER. OTHER KEY EMPLOYEES ARE MANAGED IN SIMILAR MANNER THROUGH THE HUMAN RESOURCES DEPARTMENT UNDER THE DIRECTION OF THE SENIOR VICE PRESIDENT FOR HUMAN RESOURCES IN CONJUNCTION WITH THE CEO, USING LOCAL SURVEYS TO ENSURE MARKET COMPETITIVENESS. FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE OFFICE OF THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE OFFICE OF THE PRESIDENT. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -39,636. LOSS ON SWAP AGREEMENT RELATED TO LONG TERM DEBT -974,234. TOTAL TO FORM 990, PART XI, LINE 5: -1,013,870. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR. HOURS WORKED FOR RELATED ORGANIZATIONS FORM 990, PART VII ELI S. FELDMAN - 30.5 ALEXANDER BALKO - 30.5 ROBERT LEAMER - 30.5 ELLIOT BROOKS - 26.5 PAUL FINKELSTEIN, MD - 2.5 SHMUEL LEFKOWITZ - 3.5 STEVEN TOPAL - 3.5 JACOB FRIEDMAN - 3 RONALD B. MILCH - 4 SUSAN CAPUTO - 29.5 ELI GREENBERG - 1.5 HOWARD GREENBERG - 2 CAROL ALTIERI - 23.5 MAURICE KOLODIN - 2 FRED ABRAMS - 1.5 METROPOLITAN JEWISH HEALTH SYSTEM INC 6323 7TH AVENUE BROOKLYN NY 11220 113538697 ADMINISTRATIVE SERVICES NY 501(C)(3) 7 N/A 0 MJG NURSING HOME CO INC 6323 7TH AVENUE BROOKLYN NY 11220 237123076 NURSING HOME NY 501(C)(3) 3 N/A 0 MENORAH HOME AND HOSPITAL FOR THE AGED AND INFIRM 6323 7TH AVENUE BROOKLYN NY 11220 111672777 NURSING HOME, ADULT DAY CARE NY 501(C)(3) 3 METROPOLITAN JEWISH HEALTH SYSTEM INC 1 METROPOLITAN JEWISH HOME CARE INC 6323 7TH AVENUE BROOKLYN NY 11220 320060822 HOME CARE, HOSPICE NY 501(C)(3) 9 METROPOLITAN JEWISH HEALTH SYSTEM INC 1 ELDERPLAN INC 6323 7TH AVENUE BROOKLYN NY 11220 112625096 MEDICARE ADVANTAGE SPECIAL NEEDS PLAN / MEDICAID MANAGED LONG TERM CARE PLAN NY 501(C)(3) 9 N/A 0 MENORAH FOUNDATION INC 6323 7TH AVENUE BROOKLYN NY 11220 113471173 FUNDRAISING NY 501(C)(3) 11 TYPE I METROPOLITAN JEWISH HEALTH SYSTEM FOUNDATION 1 HOMEFIRST LHCSA INC 6323 7TH AVENUE BROOKLYN NY 11220 611501623 HOME CARE NY 501(C)(3) 11 TYPE I N/A 0 SHOREFRONT TOWERS HOUSING DEVELOPMENT FUND CORPORATION 6323 7TH AVENUE BROOKLYN NY 11220 113200785 HOUSING NY 501(C)(3) 9 N/A 0 METROPOLITAN JEWISH HEALTH SYSTEM FOUNDATION 6323 7TH AVENUE BROOKLYN NY 11220 111630753 FUNDRAISING NY 501(C)(3) 7 N/A 0 JACOB PERLOW HOSPICE CORPORATION 6323 7TH AVENUE BROOKLYN NY 11220 133438643 HOSPICE SERVICES NY 501(C)(3) 3 METROPOLITAN JEWISH HEALTH SYSTEM INC 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0