2011-08-15T15:02:59-05:00 2010-12-31 JH COHN LLP 4 BECKER FARM ROAD ROSELAND NJ 070681739 990 2010-01-01 210634536 MASONIC CHARITY FOUNDATION OF NEW JERSEY MASO 6092393826 902 JACKSONVILLE ROAD BURLINGTON NJ 08016 IAN KORMAN 6092393826 2011-08-15 1 KIM BRANDLEY 9732283500 2010 2016-02-24 21:20:13Z DOUGLAS R POLICASTRO 902 JACKSONVILLE ROAD BURLINGTON NJ 08016 72140310 0 X WWW.NJMASONIC.ORG X 1898 NJ A NONPROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF RECEIVING, MAINTAINING, AND ADMINISTERING ENDOWMENTS AND FUNDS EXCLUSIVELY FOR CHARITABLE, BENEVOLENT AND HEALTHCARE PURPOSES. ADDITIONALLY, HOSPICE SERVICES ARE PROVIDED. 15 15 561 1284 0 0 7379375 6246285 25854653 29050447 -2138846 4002183 315878 403038 31411060 39701953 0 0 0 0 21394360 20263498 0 0 497765 19546437 21278086 40940797 41541584 -9529737 -1839631 173548589 171618850 61049692 58053171 112498897 113565679 X A NONPROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF RECEIVING, MAINTAINING, AND ADMINISTERING ENDOWMENTS AND FUNDS EXCLUSIVELY FOR CHARITABLE, BENEVOLENT AND HEALTHCARE PURPOSES. 0 0 34676489 THE FOUNDATION PROVIDES RESIDENTIAL AND LONG-TERM NURSING CARE TO NURSING HOME RESIDENTS. 26338 EDUCATIONAL GRANTS AND SCHOLARSHIPS. THE FOUNDATION AWARDS HIGH SCHOOL GRADUATES OF NEW JERSEY, EDUCATIONAL GRANTS THAT ARE FOR POST HIGH SCHOOL EDUCATION. THE FOUNDATION ALSO AWARDS VARIOUS GRANTS AND SCHOLARSHIPS. 3090 THE OUTREACH PROGRAM IS PROVIDED FOR MASONS AND THEIR FAMILIES WHO NEED FINANCIAL, LEGAL OR OTHER ASSISTANCE. 33311 SUBSTANCE ABUSE AND OTHER MISCELLANEOUS PROGRAMS TO HELP BOTH MASONS AND NON-MASONS IN NEED OF ASSISTANCE. 33311 34739228 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 293 0 561 1 0 0 0 0 0 0 0 0 X 15 15 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X IAN P KORMAN CPA 6092393826 902 JACKSONVILLE ROAD BURLINGTON NJ 080163814 WILLIAM L MORRIS JR 3.00 X 0 0 0 GLENN R TRAUTMANN 3.00 X 0 0 0 JOHN M COLLIGAS 3.00 X 0 0 0 WILLIAM H BERMAN 3.00 X 0 0 0 ROBERT H KLICK 3.00 X 0 0 0 MONTGOMERY M BERRIEN JR 3.00 X 0 0 0 DAVID A DORWORTH 3.00 X 0 0 0 GEORGE A OLSEN 3.00 X 0 0 0 KENNETH L LARSEN 3.00 X 0 0 0 JOSEPH T MEZZINA 3.00 X 0 0 0 ROGER QUINTANA 3.00 X 0 0 0 RICHARD F SCHMIDT 3.00 X 0 0 0 JOHN S RYAN 3.00 X 0 0 0 JOHN ED PETERSON 3.00 X 0 0 0 JOHN J FORBERGER 3.00 X 0 0 0 LAWRENCE B KOCH 3.00 X 0 0 0 KEVIN F COLQUHOUN 3.00 X 0 0 0 JOSEPH H RIVAL JR 3.00 X 0 0 0 GEORGE H HEFLICH JR 3.00 X 0 0 0 ROBERT J SHERIDAN 3.00 X 0 0 0 IAN P KORMAN 40.00 X 100077 0 23959 EDGAR M COSTER 3.00 X 0 0 0 DOUGLAS R POLICASTRO 40.00 X 139051 0 17030 JOSEPH A FRANKEN 40.00 X 103604 0 8844 CHRISTOPHER S ABBOTT 40.00 X 108004 0 4399 MARJORIE BERLETH 40.00 X 108993 0 27190 JHIN J CYNN 40.00 X 249025 0 12303 808754 0 93725 6 0 1 0 6 443700 5802585 6246285 SERVICES FOR RESIDENTS 812900 29050447 29050447 29050447 1738257 1738257 34694585 32430659 2263926 2263926 2263926 25153 7698 17455 17455 MISCELLANEOUS INCOME 900099 385583 385583 385583 39701953 31314373 0 2141295 124036 124036 14725808 12877519 1563301 284988 1161439 1023462 129055 8922 2954110 2572111 311416 70583 1298105 1129995 146758 21352 2375149 614958 1760191 66536 66536 97129 97129 304207 304207 325437 325437 110245 1517 108728 92861 26581 40683 25597 2084018 2084018 14830 1341 11745 1744 31238 31238 2286442 2286442 4035385 4035385 826325 3117 823208 BAD DEBT 1765734 1765734 HOSPICE 1570291 1570291 MEDICAL EXPENSE 1374934 1374934 FOOD AND BEVERAGE 1346189 1346189 SUPPLIES 815569 815569 1755567 884628 817598 53341 41541584 34739228 6304591 497765 14111470 6870014 2735263 4062137 4458903 2649514 2231497 472490 139756 161544 113182 170646 135871601 61188183 78322992 74683418 42332214 59724799 16862037 11528793 12241275 11295495 173548589 171618850 7547681 9800192 45034304 43860224 8467707 4392755 61049692 58053171 X 97856191 96781281 3076142 4357307 11566564 12427091 112498897 113565679 173548589 171618850 X -1839631 2906413 X X 0 1 1 X 0 X 2218907 6472128 5349084 7403073 6263740 27706932 2218907 6472128 5349084 7403073 6263740 27706932 27706932 3871540 3362816 2278864 2084122 1738257 13335599 130242 213179 306715 292180 385583 1327899 42370430 159295825 0.65390 0.47440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 70153666 3486105 8725145 6027938 76336978 65260300 2003314 9340052 6450000 70153666 10007756 258938 -383000 9883694 0.05000 0.16000 0 0 3889364 3889364 111322589 42994610 68327979 1379816 1196914 182902 19181394 16921939 2259455 98438 74720 23718 74683418 MORTGAGE/ASSET-BACKED SECURITIES 361531 F ALTERNATIVE INVESTMENTS 11167262 F 11528793 ACCRUED INVESTMENT INCOME 33270 ASSETS LIMITED TO USE UNDER INDENTURE AGREEMENT 3600738 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 3160000 CONSTRUCTION IN PROGRESS 1112743 DEFERRED FINANCING FEES, NET 251760 PROJECT / BOND FUND 1401083 RESIDENT ACCOUNTS 1629001 OTHER NONCURRENT ASSETS 106900 11295495 DEFERRED GIFT PLANS SUPPORT 2763754 RESIDENT FUNDS 1629001 4392755 39701953 41541584 -1839631 3261297 -240000 -114884 2906413 1066782 43394254 3261297 431004 3692301 39701953 0 39701953 42327472 240000 545888 785888 41541584 0 41541584 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION 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 ON ITS EXEMPT INCOME UNDER SECTION 501(A0 OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM STATE AND LOCAL INCOME TAXES. THE FOUNDATION PREVIOUSLY ADOPTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES GUIDANCE WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATIONS FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD OF MORE-LIKELY-THAN-NOT TO BE SUBSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THREHOLD HAS BEEN MET. THIS PROVISION ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS AND DISCLOSURE. MANAGEMENT HAS DETERMINED THAT THIS PROVISION DID NOT HAVE A MATERIAL IMPACT ON THE FINANCIAL STATEMENTS. THE FOUNDATIONS US FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO CALENDAR YEAR 2007 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 38,004. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 393,000. PENSION LIABILITY ADJUSTMENT -545,888. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 38,004. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 393,000. PART XIII, LINE 2D - OTHER ADJUSTMENTS: PENSION LIABILITY ADJUSTMENT 545,888. 25153 7698 1 25153 7698 7698 17455 NJ 1 0 1 0 0 0 1 X 0 0 0 0 0 0 0 0 0 DOUGLAS R POLICASTRO 138535 0 0 0 516 0 4292 0 12738 0 156081 0 0 0 JHIN J CYNN 247501 0 0 0 1524 0 7336 0 4967 0 261328 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS ENTERED INTO A MANGEMENT CONTRACT WITH PRINCETON SENIOR LIVING FORM 990, PART VI, SECTION A, LINE 6 THE PEOPLE WHO BELONG TO THIS ORGANIZATION ARE CONSIDERED MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS MAY ELECT THOSE MEMBERS WHO QUALIFY TO BE ON THE GOVERNING BODY OF THIS ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES POLICY ON CONFLICT OF INTEREST BY INFORMING BOARD MEMBERS TO REPORT ANY AND ALL CONFLICTS OF INTEREST THAT MAY IMPACT THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 MEMBERS OF THE ORGANIZATION'S GOVERNING BOARD ARE ALL INVOLVED IN THE ORGANIZATION'S PROCESS TO DETERMINE THE LEVEL OF COMPENSATION TO BE PAID TO OFFICERS AND OTHER KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 MASONIC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 3,261,297. DONATED SERVICES AND USE OF FACILITIES: -240,000. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 38,004. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 393,000. PENSION LIABILITY ADJUSTMENT -545,888. TOTAL TO FORM 990, PART XI, LINE 5: 2,906,413. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT OVERSEES THESE RESPONSIBILITIES. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GRAND LODGE OF FREE & ACCEPTED MASONS OF NJ 1114 OXMEAD ROAD BURLINGTON NJ 08016 210454866 FRATERNAL ORGANIZATION NJ 501(C)(10) N/A 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 GRAND LODGE OF NEW JERSEY M 443700 GRAND LODGE OF NEW JERSEY D 56000