2011-11-02T13:15:07-05:00 2010-12-31 LARSONALLEN LLP 18 SENTRY PARK WEST SUITE 300 BLUE BELL PA 194222240 990 2010-01-01 232948992 SIMPSON MEADOWS SIMP 6106600112 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 JAMES J KONISZEWSKI 6106600112 2011-10-24 1 JAMES D WATSON 2156433900 2010 2016-03-07 17:11:31Z KIM WILLIAMS 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 6296238 0 X HTTP://WWW.SIMPSONMEADOWS.ORG X 1998 PA TO OPERATE A CONTINUING CARE RETIREMENT COMMUNITY 10 9 86 131 0 0 42274 18376 4942666 5118337 59678 179659 139771 137903 5184389 5454275 0 0 0 0 1853199 1946700 0 0 0 2852558 3184305 4705757 5131005 478632 323270 15537455 15494694 15602540 15195567 -65085 299127 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 4078238 5118337 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. 4078238 1 1 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 1 0 1 86 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 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 RHONDA KARP 1.00 X X 0 0 0 DANIEL KELLEY 1.00 X X 0 0 0 KAY MCCOY 1.00 X 0 0 0 VIRGINIA BROWN 1.00 X 0 0 0 KIM WILLIAMS 40.00 X X 0 210206 36070 JORDAN KENDALL 1.00 X X 0 0 0 DAVID GALINSKY 1.00 X 0 0 0 REV DR WILLIAM GARY GEORGE 1.00 X 0 0 0 EMILY GRAUPNER 1.00 X 0 0 0 MARY ANN HOFFMAN 1.00 X 0 0 0 DIANA E SEIP 40.00 X 196674 0 9193 JAMES J KONISZEWSKI 40.00 X 0 196674 11387 196674 406880 56650 1 0 1 0 MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30368 RESIDENT DINING 404177 KEYSTONE HEALTH PLAN EAST PO BOX 70250 PHILADELPHIA PA 19176 EMPLOYEE HEALTHCARE 185057 2 18376 18376 RESIDENTIAL REVENUE 623000 4721959 4721959 AMORTIZATION OF ADVANC 623000 396378 396378 5118337 141288 141288 880334 841963 38371 38371 38371 FOOD SERVICE REVENUE 623000 64659 64659 BARBER & BEAUTY REVENU 623000 32470 32470 MAINTENANCE REVENUE 623000 12145 12145 28629 28629 137903 5454275 5118337 0 317562 205867 205867 1342231 1342231 24789 24789 258198 258198 115615 115615 672496 672496 36606 36606 12760 12760 7222 7222 34284 34284 3806 326 3480 21796 21796 546986 546986 15898 15898 432422 432422 624525 624525 80130 80130 AMORTIZATION 250607 250607 RAW FOOD 226221 226221 RESIDENT ACTIVITIES 49195 49195 SUPPLIES 48859 48859 120492 108082 12410 5131005 4078238 1052767 0 860768 722883 432500 2 55763 42393 85517 170607 17551916 7457149 10546171 10094767 2989139 3983896 567597 480146 15537455 15494694 495097 198676 7159847 6858641 7260000 7196000 687596 942250 15602540 15195567 X -492275 -146419 427190 445546 -65085 299127 15537455 15494694 X 323270 40942 X X 0 1 1 X 0 X 52933 68207 65871 42274 18376 247661 4289199 4492350 4520020 4942666 5118337 23362572 4342132 4560557 4585891 4984940 5136713 23610233 0 376277 421951 390875 278034 289177 1756314 376277 421951 390875 278034 289177 1756314 21853919 218228 237641 99535 59678 141288 756370 218228 237641 99535 59678 141288 756370 114354 122987 165638 139771 137903 680653 4674714 4921185 4851064 5184389 5415904 25047256 0.87250 0.86550 0.03020 0.03090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 599166 599166 15148739 6077187 9071552 236038 73744 162294 1567973 1306218 261755 10094767 SECURITIES AND OTHER INVESTMENTS 3983896 F 3983896 DEPOSITS 301047 INTEREST RATE SWAP LIABILITY 620458 LIABILITY TO ANNUITANTS 6283 OTHER LIABILITIES 14462 942250 5454275 5131005 323270 265389 -224447 40942 364212 5701308 265389 265389 5435919 18356 18356 5454275 5355452 224447 224447 5131005 0 5131005 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: FIN 48 FOOTNOTE: 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 2007 TO 2009 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGES IN NET UNREALIZED GAIN/LOSS ON DERIVATIVE -224,447. PART XII, LINE 4B - OTHER ADJUSTMENTS: TEMPORARILY RESTRICTED CONTRIBUTIONS 18,356. PART XIII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN FV OF DERIVATIVE INSTRUMENT 224,447. FIN 48 FOOTNOTE: 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 2006 TO 2008 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. X X X 0 0 0 0 0 0 0 0 0 KIM WILLIAMS 0 210206 0 0 0 0 0 20790 0 15280 0 246276 0 0 DIANA E SEIP 196674 0 0 0 0 0 2107 0 7086 0 205867 0 0 0 JAMES J KONISZEWSKI 0 196674 0 0 0 0 0 3933 0 7454 0 208061 0 0 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. 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 GAINS ON INVESTMENTS: 265,389. CHANGES IN NET UNREALIZED GAIN/LOSS ON DERIVATIVE -224,447. TOTAL TO FORM 990, PART XI, LINE 5: 40,942. 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 SIMPSON SENIOR SERVICES C 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0