2012-10-26T09:30:30-05:00 2011-12-31 410746749 CLIFTONLARSONALLEN LLP 610 WGERMANTOWN PIKESTE 400 PLYMOUTH MTG PA 19462 990 2011-01-01 231548106 JENNER'S POND INC JENN 6108698600 2000 GREENBRIAR LANE WEST GROVE PA 19390 JAMES J KONISZEWSKI 6106600112 2012-10-23 1 JAMES D WATSON P01450300 2156433900 2011 2016-02-24 21:20:13Z KIM WILLIAMS 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 23802532 0 X WWW.JENNERSPOND.ORG X 1997 PA TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY. 9 8 403 112 0 0 117915 122661 18545124 19057123 597012 364472 777057 644887 20037108 20189143 0 0 0 0 6816737 6906536 0 0 0 12676280 13214192 19493017 20120728 544091 68415 71547020 70331715 87632534 88631301 -16085514 -18299586 X JENNERS POND IS DEDICATED TO MEETING THE NEEDS OF SENIORS IN OUR COMMUNITY. THROUGH CAREFUL OVERSIGHT, WE STRIVE TO DELIVER THE HIGHEST QUALITY OF SERVICE WITH A SENSE OF WARMTH, FRIENDLINESS, INDIVIDUAL PRIDE AND INTEGRITY. WE ARE COMMITTED TO OFFERING OUR RESIDENTS AND STAFF OPPORTUNITIES FOR PERSONAL GROWTH AND SPIRITUAL ENRICHMENT. 0 0 16992127 19057123 OPERATES A CONTINUING CARE RETIREMENT COMMUNITY THAT PROVIDES HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF 162 RESIDENTIAL COTTAGES, 119 APARTMENTS, 60 ASSISTED LIVING SUITES, OF WHICH 12 SUITES HAVE BEEN DESIGNATED FOR DEMENTIA CARE, AND 38 SKILLED NURSING BEDS. THE PRIMARY SERVICE AREA INCLUDES CHESTER COUNTY AND SURROUNDING COMMUNITIES. 16992127 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 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 10 0 1 403 1 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X JAMES J KONISZEWSKI 6106600112 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 TONI MCCLAY 40.00 X X 196252 0 13922 ROBIN BEIBER 1.00 X 0 0 0 STEVEN HUTTON 1.00 X 0 0 0 KEVIN MCNEIL 1.00 X 0 0 0 KIM WILLIAMS 1.00 X X 0 230002 52970 EDWARD FAHEY 1.00 X 0 0 0 DARIA PAYNE 1.00 X 0 0 0 BART HOLM 1.00 X 0 0 0 ALAN BATES 1.00 X 0 0 0 DR JAMES SNOW 1.00 X 0 0 0 JAMES J KONISZEWSKI 1.00 X 0 212318 20639 AMY SALPAN 40.00 X 106113 0 15390 ROBBE HEALEY 40.00 X 0 132765 11238 302365 575085 114159 2 0 1 0 MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30368 RESIDENT DINING 1506015 KEYSTONE HEALTH PLAN EAST PO BOX 70250 PHILADELPHIA PA 19176 EMPLOYEE HEALTHCARE 709076 REHABCARE GROUP PO BOX 503534 ST LOUIS MO 63150 RESIDENT THERAPY 438385 FLATIRON CAPITAL 1700 LINCOLN ST 12TH FLOOR DENVER CO 80203 INSURANCE 352310 OMNICARE GROUP 630 ALLENDALE ROAD KING OF PRUSSIA PA 19406 PHARMACEUTICALS 294906 12 98361 24300 122661 RESIDENT SERV REVENUE 623000 15695950 15695950 ENTRANCE FEE AMORTIZAT 623000 3361173 3361173 19057123 356658 356658 3586405 3578591 7814 7814 7814 34798 98361 34798 0 FOOD SERVICE INCOME 623000 610223 610223 MAINTENANCE 623000 21724 21724 TELEPHONE INCOME 623000 12940 12940 644887 20189143 19057123 0 1009359 210174 210174 5504818 4763690 741128 1191544 903723 287821 1472359 484095 988264 76994 76994 29900 29900 73320 73320 703936 406946 296990 112200 112200 231724 172350 59374 105762 30581 75181 1982424 1982424 114154 111226 2928 2393 1049 1344 1869809 1869809 3223920 3223920 395703 293380 102323 NURSING 1092705 1092705 RAW FOOD 1035071 1035071 EQUIPMENT AND MAINTENAN 236512 232048 4464 RESIDENT SERVICES 232625 196069 36556 222681 193041 29640 20120728 16992127 3128601 0 4142160 4144088 1137171 934541 570454 558476 82072692 31951914 51033413 50120778 12068117 12211775 17148 13147 2578557 2348910 71547020 70331715 1995371 1706902 45975916 46253816 37306097 36401326 600273 643203 1754877 3626054 87632534 88631301 X -17005211 -19339239 919697 1039653 -16085514 -18299586 71547020 70331715 X 68415 -2282487 X X 0 1 1 X 0 X 76954 147779 124867 117915 122691 590206 16414552 14771110 18015668 18545124 19057123 86803577 16491506 14918889 18140535 18663039 19179814 87393783 10240 10240 0 10240 10240 87383543 985668 1720303 258330 479811 356658 3800770 985668 1720303 258330 479811 356658 3800770 1089906 847229 821084 644887 3403106 18567080 16639192 19246094 19963934 20181359 94597659 0.92370 0.91710 0.04020 0.04980 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 2365016 2365016 71373622 27254074 44119548 3972098 1766060 2206038 4361956 2931780 1430176 50120778 OBLIGATION UNDER INTEREST RATE SWAP AGREEMENT 3626054 3626054 20189143 20120728 68415 -411310 -1871177 -2282487 -2214072 17906656 0 17906656 2282487 2282487 20189143 20120728 0 20120728 0 20120728 PART IV, LINE 2B: THE ORGANZIATION HOLDS SECURITY DEPOSITS FOR RESIDENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: JENNER'S POND IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE INTERNAL REVENUE CODE. SMARTER SERVICES, LLC IS A SINGLE MEMBER LLC AND CONSIDERED A DISREGARDED ENTITY FOR FEDERAL INCOME TAX PURPOSES. JENNER'S POND FOLLOWS THE PROVISIONS OF THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON JENNER'S POND'S FINANCIAL STATEMENTS. JENNER'S POND'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. JENNER'S POND IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. JENNER'S POND IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE TAX RETURNS FOR THE YEARS 2008 TO 2010 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT -1,871,177. PART XII, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN FAIR VALUE DERIVATIVE 1,871,177. UNREALIZED LOSS ON INVESTMENTS 411,310. GOLF CLASSIC 91613 56815 34798 34798 ANNUAL APPEAL 41546 41546 0 133159 98361 34798 34798 34798 0 X X X 0 0 0 0 0 0 0 0 0 TONI MCCLAY 196252 0 0 0 0 0 8913 0 5009 0 210174 0 0 0 KIM WILLIAMS 0 230002 0 0 0 0 0 35700 0 17270 0 282972 0 0 JAMES J KONISZEWSKI 0 202318 0 10000 0 0 0 12535 0 8104 0 232957 0 0 CHESTER COUNTY HEALTH AND EDUCATION FACILITIES AUTHORITY 232265260 165579EM1 2006-11-02 40210000 EXPANSION PROJECT 0 0 0 40210000 39479086 636536 94378 2006 1 1 0 1 0 0 0 0 0.00000 0.00000 0.00000 0 1 1 0 CITIZEN'S BANK 3.300000000000 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE CORPORATE MEMBER OF THE CORPORATION SHALL BE SIMPSON SENIOR SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER SHALL HAVE RESERVED POWERS TO APPOINT AND REMOVE ALL MEMBERS OF THE BOARD OF DIRECTORS AT ANY TIME. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER SHALL HAVE RESERVED POWERS TO APPOINT AND REMOVE ALL MEMBERS OF THE BOARD OF DIRECTORS AT ANY TIME, TO APPROVE ANY AMENDMENT TO THE ARTICLES OF INCORPORATION OR BY-LAWS, TO APPROVE THE ANNUAL BUDGETS, TO APPROVE ANY SALE, LEASE, OR TRANSFER OF ASSETS, TO APPROVE INDEBTEDNESS GREATER THAN $50,000, AND TO APPROVE ANY MERGER, CONSOLIDATION, OR DISSOLUTION OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. ONCE APPROVED, THE FORM 990 IS SENT TO THE PRESIDENT/CHIEF EXECUTIVE OFFICER FOR REVIEW AND APPROVAL. THE PRESIDENT/CHIEF EXECUTIVE OFFICER WILL THEN FORWARD A COPY OF THE FORM 990 TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND APPROVAL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS AND MEMBERS OF THE BOARD ARE SUBJECT TO THE CONFLICT OF INTEREST POLICY. ALL SIGNIFICANT NEW CONTRACTS ARE SUBJECT TO BOARD APPROVAL. ONGOING CONTRACTS ARE REVIEWED FOR ANY KNOWN POTENTIAL CONFLICT OF INTEREST. IF A CONFLICT ARISES, LEVEL AT WHICH THE DETERMINATION OF A CONFLICT OF INTEREST EXISTS IS DETERMINED AT THE BOARD LEVEL. CONFLICTS OF INTERESTS ARE REVIEWED AT THE BOARD LEVEL. ANY INDIVIDUAL WITH A CONFLICT OF INTEREST IS ABSTAINED FROM BOARD DISCUSSIONS AND DECISIONS WHERE ANY CONFLICT WOULD BE PRESENT. FORM 990, PART VI, SECTION B, LINE 15 A SUB-COMMITTEE OF THE BOARD OF DIRECTORS WHICH IS APPOINTED BY THE BOARD CHAIR HAS THE SPECIFIC DUTY OF ANNUALLY EVALUATING THE PERFORMANCE OF THE CHIEF EXECUTIVE OF THE ORGANIZATION, INCLUDING DETERMINING HIS ANNUAL COMPENSATION. A COMPETENT SALARY SURVEY IS USED TO BENCHMARK COMPENSATION FOR THE POSITION UTILIZING PANPHA, AAHSA AND CEMO SALARY SURVEYS AND OTHER STUDIES. IN ADDITION, THE GUIDE STAR WEBSITE IS UTILIZED TO RESEARCH THE SALARY OF SIMILAR POSITIONS AT SIMILAR SIZED ORGANIZATIONS IN THE LOCAL MARKET AREA. THE CHIEF FINANCIAL OFFER AND THE EXECUTIVE DIRECTORS SALARIES OF EACH COMMUNITY ARE DETERMINED BY THE PRESIDENT & CEO OF SSS ON AN ANNUAL BASIS. THE PRESIDENT & CEO REVIEWS THE ANNUAL PERFORMANCE OF THESE INDIVIDUALS RELATIVE TO THEIR POSITION DESCRIPTIONS. THE OPERATING BUDGETS, INCLUDING SALARY INCREASES, OF EACH COMMUNITY ARE PRESENTED TO THE BOARD FOR THEIR APPROVAL ON AN ANNUAL BASIS.THIS REVIEW WAS DONE IN 2010. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -411,310. CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT -1,871,177. TOTAL TO FORM 990, PART XI, LINE 5: -2,282,487. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT AUDITOR. THE PROCESS OF AUDIT OVERSIGHT AND THE SELECTION OF AN INDEPENDENT AUDITOR HAS NOT CHANGED SINCE THE PRIOR YEAR. SMARTER SERVICES LLC 2000 GREENBRIAR LANE WEST GROVE PA 19390 272528578 TO PROVIDE HOME AND COMMUNITY BASED SERVICES TO INDIVIDUALS IN ITS PRIMARY S PA 4500 10000 N/A SIMPSON SENIOR SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948991 MANAGES AFFILIATES THAT PROVIDE RESIDENCE AND HEALTHCARE FOR THE ELDERLY PA 501(C)3 11B SIMPSON SENIOR SERVICES 0 SIMPSON HOUSE INC 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 231352227 CCRC PROVIDING HEALTHCARE, HOUSING, AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 SIMPSON MEADOWS 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948992 CCRC PROVIDING HEALTHCARE, HOUSING, AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 THIRD CENTURY SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948457 PROVIDES SUPPORTIVE SERVICES TO FACILITIES PROVIDING CARE TO THE ELDERLY PA 501(C)3 11B SIMPSON SENIOR SERVICES 0 SIMPSON GLEN 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232960640 CCRC PROVIDING HEALTHCARE, HOUSING, AND OTHER RELATED SERVICES TO RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 SIMPSON MID-TOWN 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 233089337 PROVIDES HOUSING FOR ELDERLY, LOW INCOME RESIDENTS PA 501(C)3 9 SIMPSON SENIOR SERVICES 0 SIMPSON HOUSE FOUNDATION 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232320545 RECEIVE AND ADMINISTER FUNDS FOR CHARITABLE WORKS OF SIMPSON HOUSE, INC. PA 501(C)3 11B SIMPSON SENIOR SERVICES 0 NARBERTH ADULT DAY CARE SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948458 PROVIDES ADULT DAY CARE SERVICES AND HEALTHCARE TO THE ELDERY PA 501(C)3 PF SIMPSON SENIOR SERVICES 0 SIMPSON GARDENS HOUSING CORP 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 412069201 ECONOMIC DEVELOPMENT OF LOW INCOME HOUSING PA N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0