2012-11-13T08:43:43-06:00 2012-06-30 260013259 Gorzynski Uglow & Farrell PC 33 East Main Street North East PA 16428 990 2011-07-01 251215527 Sarah A Reed Retirement Center SARA 8148782616 227 West 22nd Street Erie PA 165022689 Gale Magyar 8148782616 2012-10-25 1 Joyce Grolemund P00632865 8147258625 2011 2016-02-24 21:20:13Z Gale Magyar 227 West 22nd Street Erie PA 165022689 16979696 0 X sarahareed.org X 1871 PA The Center provides residential services, health care, physical therapy and other related services. 24 24 328 0 0 0 29483 28371 12480172 12418922 609831 320273 115467 32466 13234953 12800032 0 0 0 0 7241178 8018275 0 0 23221 4312024 4274492 11553202 12292767 1681751 507265 23323873 23289388 4917239 4512141 18406634 18777247 The Center is a private, non-profit corporation committed to providing a comprehensive approach to retirement living through a continuum of care for its residents in a secure and supportive environment by offering quality health care and services. 0 0 11038923 12497929 The center provides residential services, health care and other related services to over 200 residents. The center's facility includes independent living apartments,as well as,long term nursing care beds and a special dementia unit. 11038923 1 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 328 1 0 0 0 0 0 0 0 0 X 24 24 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X Gale Magyar 8148782616 227 West 22nd Street Erie PA 165022689 Mrs Camilla Decker 1.00 X 0 0 0 Ms Diana Healy 1.00 X 0 0 0 Ms Georgia English 1.00 X 0 0 0 Mrs Cheryl Wiegle 1.00 X 0 0 0 Ms Linda Liken 1.00 X X 0 0 0 Mr Charles Kibler 1.00 X X 0 0 0 Mrs Rosemarie Marshall 1.00 X 0 0 0 Mrs Carol Lee Restifo 1.00 X 0 0 0 Ms Michele Cavalier 1.00 X 0 0 0 Mrs Janet Sesler 1.00 X 0 0 0 Mr William Coleman 1.00 X 0 0 0 Mr William Feldmann 1.00 X X 0 0 0 Mr Gary Matczak 1.00 X 0 0 0 Ms Vivian McCullum 1.00 X 0 0 0 Mrs Janet Dean 1.00 X 0 0 0 Mrs Mary Lou Neithamer 1.00 X X 0 0 0 Ms Penny Qualls 1.00 X 0 0 0 Mr Terrence Carlin 1.00 X 0 0 0 Mr Joel Snavely 1.00 X X 0 0 0 Gale Magyar 40.00 X 131661 0 0 Sandra Carlson 40.00 X 109020 0 0 240681 0 0 2 0 0 0 Alliance Rehab - HVA 1520 Kensington Road Suite 110 Oakbrook IL 60523 Contracted Therapy Services 566977 Medical Staffing Network PO Box 840416 Dallas TX 75284 Contracted Nursing Staff 277303 2 28371 28371 Room and board fees 623000 10616260 10616260 Earned entrance fees 623000 1743523 1743523 Ancillary charges 623000 59139 59139 12418922 261799 261799 87380 66847 20533 20533 20533 4161378 4102904 58474 58474 58474 21846 9913 11933 11933 12800032 12497929 0 273732 6196831 5461624 735207 74142 65346 8796 1280989 1129009 151980 466313 410989 55324 18944 18944 18650 18650 70133 70133 1008866 970238 38628 15796 477 15319 1110500 1086280 19192 5028 520176 520176 6601 3010 3591 8181 4822 3359 146994 146994 600791 600791 Equip. maint. & repair 378276 283066 94465 745 Nursing facility assess 218854 218854 Other expenses 158160 144154 11877 2129 Bad debts -6430 -6430 12292767 11038923 1230623 23221 550 550 3261509 3316868 838287 1219503 102433 108022 220256 265571 22202861 12146429 10361207 10056432 8134169 7903572 341874 365621 63588 53249 23323873 23289388 1095858 1439299 178881 195342 3030000 2415000 612500 462500 4917239 4512141 X 18406634 18777247 18406634 18777247 23323873 23289388 X 507265 -136652 X 0 1 1 X 0 X 114270 403599 80809 54642 50217 703537 11637393 11930323 12329950 12480173 12418922 60796761 11751663 12333922 12410759 12534815 12469139 61500298 0 0 0 61500298 346069 257680 220364 352294 282332 1458739 346069 257680 220364 352294 282332 1458739 12097732 12591602 12631123 12887109 12751471 62959037 0.97680 0.97400 0.02320 0.02600 X 1210116 1210116 9499751 4610272 4889479 6551834 5385284 1166550 4941160 2150873 2790287 10056432 12800032 12292767 507265 -136652 -136652 370613 12663380 -136652 -136652 12800032 0 12800032 12292767 0 12292767 0 12292767 Description of Uncertain Tax Positions Under FIN 48: Part X: The Center is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code and has been determined to be an organization which is not a private foundation within the means of Section 509(a) of the Code. The Center has no unrelated business income. Therefore, a provision for income taxes has not been made in the accompanying financial statements. The Organization 's Forms 990, Return of Organization Exempt From Income Tax, for years ending June 30, 2010, 2011, and 2012 are subject to examination by the IRS, generally for three years after they were filed. Fall Festival 21846 21846 857 7532 1524 21846 21846 857 7532 1524 9913 11933 Form 990, Part VI, Section B, line 11 The auditor prepares a draft copy of the Form 990 and reviews the return with the Finance Committee and addresses any questions that may arise. Upon their approval, a final copy is submitted and filed by the center. Form 990, Part VI, Section B, line 12c Each board member, Department Director and member of the purchasing staff is required to complete a conflict of interest form upon election or hire. Annually, thereafter as long as the individual serves on the Board or is employed the forms are completed anew. Form 990, Part VI, Section B, line 15 The Board of Directors evaluated the Executive Director's performance and approves her salary annually. The Executive Director and Administrator perform annual evaluations of Department Directors. The Executive Committee of the Board of Directors approves annual raises for employees. Form 990, Part VI, Section C, line 19 The Center governing documents, conflict of interest policy, financial statements and Form 990 are available to the public for viewing at the Center upon written request. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -136652.