2012-11-14T08:11:47-06:00 2011-12-31 311543240 CBIZ MHM LLC 401 PLYMOUTH ROAD SUITE 200 PLYMOUTH MEETING PA 19462 990 2011-01-01 210455847 FRIENDS HOME AT WOODSTOWN INC FRIE 8567691500 ONE FRIENDS DRIVE WOODSTOWN NJ 08098 DANIEL MURRAY 8567691500 2012-11-12 1 JOSEPH G SULLIVAN P00360476 6108622249 2011 2016-02-24 21:20:13Z DANIEL MURRAY ONE FRIENDS DRIVE WOODSTOWN NJ 08093 12901658 0 X WWW.FRIENDSVILLAGE.ORG X 1896 NJ SKILLED NURSING FACILITY PROVIDING CARE THROUGH RESIDENTIAL HEALTHCARE INDEPENDENT LIVING, ASSISTED LIVING AND DEMETIA CARE UNITS. 14 14 306 72 0 0 257851 228715 11813936 11787098 216798 143310 0 194681 12288585 12353804 0 0 0 0 6682769 6792448 0 0 0 6259102 5811931 12941871 12604379 -653286 -250575 33444822 33106290 30577737 31369583 2867085 1736707 OPERATION OF A SKILLED NURSING FACILITY PROVIDING CARE THROUGH RESIDENTIAL HEALTHCARE, INDEPENDENT LIVING, SKILLED NURSING, ASSISTED LIVING AND DEMENTIA CARE UNITS. 0 0 10833355 0 11787098 NURSING HOME - SKILLED LONG-TERM CARE AND ASSISTEDRESIDENTIAL CARE FOR ELDERLY. 10833355 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 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 79 0 1 306 1 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X DANIEL MURRAY 8567691500 ONE FRIENDS DRIVE WOODSTOWN NJ 08093 STEPHEN WADDINGTON 1.00 X 0 0 0 RICHARD RIDGEWAY 1.00 X 0 0 0 MAURICE AYARS 1.00 X 0 0 0 SUZANNE CULVER 1.00 X 0 0 0 JOAN AYARS 1.00 X 0 0 0 RUSS BASSETT 1.00 X 0 0 0 GEORGE CRISPIN 1.00 X 0 0 0 TRISH DE CINQUE 1.00 X 0 0 0 WICK HOLLINGSHEAD 1.00 X 0 0 0 NEWEL COMISH 1.00 X 0 0 0 GRACE THOMPSON 1.00 X 0 0 0 LOUISE CRESSMAN 1.00 X 0 0 0 DONALD L PIERCE 1.00 X 0 0 0 ESTELLE SHERMAN 1.00 X 0 0 0 THOMAS B LYONS 40.00 X 136500 0 30591 DANIEL J MURRAY 40.00 X 132623 0 30591 269123 0 61182 2 0 1 0 FOX REHABILITATION 7 CARNEGIE PLAZA CHERRY HILL NJ 08003 REHAB 491478 MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30268 DINING 423521 LANKFORD-SYSCO FOOD SERVICES LLC PO BOX 477 POCOMOKE CITY MD 21851 FOOD SERVICES 270910 OMNICARE INC PO BOX 715268 COLUMBUS OH 43271 PHARMACY 232153 SELECT REHABILITATION INC 550 WEST FRONTAGE ROAD NORTHFIELD IL 60093 THERAPY SERVICES 171900 5 228715 228715 NURSING CARE 900099 6374194 6374194 ASSISTED LIVING 900099 2769728 2769728 INDEPENDENT LIVING 900099 1962789 1962789 RESIDENTIAL LIVING UNI 900099 680387 680387 11787098 179732 179732 511432 547854 -36422 -36422 -36422 AMORITIZATION OF ADVAN 900099 194681 194681 194681 12353804 11787098 0 337991 269123 231309 37814 5286198 4543442 742756 17872 15361 2511 701835 603221 98614 517420 444718 72702 25890 22252 3638 47215 40581 6634 76408 65672 10736 95720 82271 13449 20930 17989 2941 23536 20229 3307 826109 710034 116075 29655 25488 4167 28435 24440 3995 799766 687392 112374 914895 786344 128551 145262 124851 20411 CONTRACTED SERVICES 1145634 984663 160971 OTHER DIETARY EXPENSES 541758 465636 76122 OTHER RESIDENT CARE EXP 412210 354291 57919 REAL ESTATE TAXES 176189 151433 24756 502319 431738 70581 12604379 10833355 1771024 0 8916560 6111767 85908 85917 792631 842268 21840 21203 123996 129257 28424588 8392726 20255260 20031862 2532477 5465583 716150 418433 33444822 33106290 936282 926503 11719939 11998224 17205564 16870030 668704 1525019 47248 49807 30577737 31369583 X 2231975 1162114 182117 139548 452993 435045 2867085 1736707 33444822 33106290 X -250575 -898643 X X 0 1 1 X 0 X 122402 343144 690591 257851 228715 1642703 10590428 10907805 11885793 11813936 11787098 56985060 10712830 11250949 12576384 12071787 12015813 58627763 0 0 0 58627763 439985 266891 229560 216198 179732 1332366 439985 266891 229560 216198 179732 1332366 11152815 11517840 12805944 12287985 12195545 59960129 0.97780 0.97070 0.02220 0.02780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 452993 -17948 435045 426449 26544 452993 413028 13421 426449 595142 -182114 413028 0 0 437838 437838 23832519 5920482 17912037 2435519 1431682 1003837 1718712 1040562 678150 20031862 RESIDENT FUND LIABILITIES 9907 RESIDENT SECURITY DEPOSITS 39900 49807 12353804 12604379 -250575 -42328 -856315 -898643 -1149218 11662934 -42328 207773 165445 11497489 856315 856315 12353804 12610284 24745 24745 12585539 0 12585539 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FRIENDS VILLAGE AND WOODS COURT ARE BOTH NOT-FOR-PROFIT CORPORATIONS THAT HAVE BEEN RECOGNIZED AS TAX-EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THE APPLICABLE STATE OF NEW JERSEY CODE. THE ORGANIZATION ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A "MORE LIKELY THAN NOT" THRESHOLD APPLIED TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER SCRUTINY BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECOGNIZED TAX BENEFIT IS ESTIMATED BASED ON A "CUMULATIVE PROBABILITY ASSESSMENT" THAT AGGREGATES THE ESTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. INTEREST AND PENALTIES ASSESSED, IF ANY, ARE ACCRUED AS INCOME TAX EXPENSE. THE ORGANIZATION HAS IDENTIFIED ITS TAX STATUS AS A TAX-EXEMPT ENTITY AS A TAX POSITION; HOWEVER, THE ORGANIZATION HAS DETERMINED THAT SUCH TAX POSITION DOES NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2008. PART XI, LINE 8 - OTHER ADJUSTMENTS: LOSS ON DERIVATIVE -856,315. PART XII, LINE 2D - OTHER ADJUSTMENTS: ASSETS RELEASED FROM RESTRICTIONS 180,848. REVENUES EARNED BY OTHER ORGANIZATIONS 41,225. LESS: ELIMINATING ENTRIES -14,300. PART XII, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DERIVATIVE FINANCIAL INSTRUMENT 856,315. PART XIII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES INCURRED BY OTHER ORGANIZATIONS 39,045. LESS: ELIMINATING ENTRIES -14,300. X 0 0 0 0 0 0 0 0 0 THOMAS B LYONS 136500 0 0 0 0 0 0 0 30591 0 167091 0 0 0 DANIEL J MURRAY 132623 0 0 0 0 0 0 0 30591 0 163214 0 0 0 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 2009-12-23 17500000 TO BUILD A NEW CCRC; DEVELOP ASSISTED & INDP LIVING UNITS; EXPAND SNF 0 0 0 335534 16870030 17500000 17500000 2009 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS DISTRIBUTED AND REVIEWED BY ALL BOARD MEMBERS AT A MONTHLY BOARD MEETING PRIOR TO FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD MEMBERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. THE DISCOLSURES ARE REVIEWED ANNUALLY BY THE BOARD AND AS NEW CONFLICTS ARISE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF OFFICERS AND KEY EMPLOYEES ARE DETERMINED BY AN INDEPENDENT COMMITTEE OF THE BOARD BASED ON COMPARABLES AND OTHER MARKET PLACE TRENDS AND PRACTICES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL PROVIDE, UPON IN-PERSON, VERBAL OR WRITTEN REQUEST, DOCUMENTS RELATING TO THE GOVERNANCE, CONFLICTS OF INTEREST AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -42,328. LOSS ON DERIVATIVE -856,315. TOTAL TO FORM 990, PART XI, LINE 5: -898,643. AUDIT OVERSIGHT FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE CURRNET YEAR IN THE PROCESS RELATED TO AUDIT OVERSIGHT OR IN SELECTION OF INDEPENDENT ACCOUNTANTS. WOODS COURT INC PO BOX 457 WOODSTOWN NJ 09098 222368168 INDEPENDET LIVING HOUSING NJ 501(C)(3) LINE 9 NONE 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 WOODS COURT INC N 326239 FMV