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 232948992 SIMPSON MEADOWS SIMP 6106600112 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 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 6582744 0 X HTTP://WWW.SIMPSONMEADOWS.ORG X 1998 PA TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY 7 7 94 44 0 0 18376 23968 5118337 5181470 179659 133467 137903 133405 5454275 5472310 0 0 0 0 1946700 2004188 0 0 0 3184305 3016607 5131005 5020795 323270 451515 15494694 15334052 15195567 14844203 299127 489849 X SIMPSON MEADOWS 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 4154284 5181470 EXPENSES INCURRED PROVIDING HOUSING, HEALTHCARE AND OTHER RELATED SERVICES TO ELDERLY RESIDENTS THROUGH THE OPERATION OF 66 INDEPENDENT LIVING UNITS, 28 RESIDENTIAL PLUS UNITS AND 55 ASSISTED LIVING UNITS. 4154284 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 2 0 1 94 1 0 0 0 0 0 0 0 0 0 0 X 7 7 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 STE 105 BALA CYNWYD PA 19004 RON DANKANICH 1.00 X X 0 0 0 KATHY STOCKER 1.00 X X 0 0 0 MARY LOUISE CORRIGAN 1.00 X 0 0 0 ELAINE GREEN 1.00 X X 0 0 0 JEANNE JAGERS 1.00 X 0 0 0 GEORGE SCHOFIELD III 1.00 X 0 0 0 KIM WILLIAMS 40.00 X 0 230002 52970 JAMES J KONISZEWSKI 40.00 X 0 212318 20639 DIANA SEIP 40.00 X 111866 0 10932 ROBBE HEALY 1.00 X 0 132765 11238 111866 575085 95779 1 0 1 0 MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30368 RESIDENT DINING 446796 KEYSTONE HEALTH PLAN EAST PO BOX 70250 PHILADELPHIA PA 19176 EMPLOYEE HEALTHCARE 230961 2 23968 23968 RESIDENTIAL REVENUE 623000 4766957 4766957 AMORTIZATION OF ADVANC 623000 414513 414513 5181470 130123 130123 1113778 1110434 3344 3344 3344 FOOD SERVICE REVENUE 623000 59630 59630 BARBER & BEAUTY REVENU 623000 31273 31273 MAINTENANCE REVENUE 623000 8283 8283 34219 34219 133405 5472310 5181470 0 266872 122798 122798 1475947 1475947 21288 21288 254816 254816 129339 129339 668862 668862 44891 44891 16007 16007 1957 1957 112246 97002 15244 35830 35830 109892 78505 31387 373385 373385 21451 21451 374607 374607 666655 666655 81042 81042 MISCELLANEOUS 282000 274879 7121 RAW FOOD 170805 170805 SUPPLIES 56759 56759 THERAPY 218 218 5020795 4154284 866511 0 722883 565179 2 42393 59139 170607 128945 17791180 8082195 10094767 9708985 3983896 4435742 480146 436062 15494694 15334052 198676 247022 6858641 6549214 7196000 7002000 301047 289965 641203 756002 15195567 14844203 X -146419 20335 445546 469514 299127 489849 15494694 15334052 X 451515 -260793 X X 0 1 1 X 0 X 68207 65871 42274 18376 23968 218696 4492350 4520020 4942666 5118337 5181470 24254843 4560557 4585891 4984940 5136713 5205438 24473539 17000 17000 421951 390875 278034 289177 439972 1820009 421951 407875 278034 289177 439972 1837009 22636530 237641 99535 59678 141288 130123 668265 237641 99535 59678 141288 130123 668265 122987 165638 139771 137903 133405 699704 4921185 4851064 5184389 5415904 5468966 25841508 0.87600 0.87250 0.02590 0.03020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 599166 599166 15299583 6584658 8714925 1645193 1411710 233483 247238 85827 161411 9708985 SECURITIES AND OTHER INVESTMENTS 4435742 F 4435742 INTEREST RATE SWAP LIABILITY 750000 LIABILITY TO ANNUITANTS 6002 756002 5472310 5020795 451515 -131251 -129542 -260793 190722 5211517 0 5211517 260793 260793 5472310 5020795 0 5020795 0 5020795 PART IV, LINE 2B: THE ORGANIZATION HOLDS SECURITY DEPOSITS FOR ITS RESIDENTS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION 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 THE ORGANIZATION'S FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION 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 OF FINANCIAL INSTRUMENT -129,542. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNREALIZED LOSS ON INVESTMENTS 131,251. CHANGE IN FAIR VALUE OF DERIVATIVE FINANCIAL INSTRUMENT 129,542. PART XIII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FV OF DERIVATIVE INSTRUMENT X X X 0 0 0 0 0 0 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 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 HAS THE 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 HAS THE 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 CAPITAL BUDGETS, TO APPROVE ANY SALE, LEASE, OR TRANSFER OF ASSETS OF THE CORPORATION, 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. REVIEW WAS LAST DONE IN 2010. 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: NET UNREALIZED LOSSES ON INVESTMENTS: -131,251. CHANGE IN FAIR VALUE OF DERIVATIVE OF FINANCIAL INSTRUMENT -129,542. TOTAL TO FORM 990, PART XI, LINE 5: -260,793. AUDITED FINANCIAL STATEMENTS FORM 990, PART XI, LINE 2C THE FINANCIAL STATEMENTS OF SIMPSON MEADOWS WERE AUDITED BY INDEPENDENT AUDITORS ON A CONSOLIDATED BASIS WITH RELATED ORGANIZATIONS. ON LINE 2C, THE RELATED ORGANIZATIONS DO HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF INDEPENDENT AUDITORS. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. 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 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 JENNER'S POND 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 231548106 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 CARE SERVICES 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948458 PROVIDES ADULT DAY CARE SERVICES AND HEALTHCARE TO THE ELDERLY PA 501(C)3 PF SIMPSON SENIOR SERVICES 0 SIMPSON GARDENS HOUSING CORP 150 MONUMENT ROAD BALA CYNWYD PA 19004 412069201 ECONOMIC DEVELOPMENT OF LOW INCOME HOUSING PA N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0