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 231352227 SIMPSON HOUSE INC SIMP 6106600112 150 MONUMENT ROAD NO 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 NO 105 BALA CYNWYD PA 19004 19006610 0 X WWW.SIMPSONHOUSE.ORG X 1865 PA SIMPSON HOUSE, INC. OPERATES A CONTINUING CARE RETIREMENT COMMUNITY. 9 7 323 242 0 0 711983 476345 17503943 17958024 192234 363228 76205 69184 18484365 18866781 0 0 0 0 11014526 11325096 0 0 0 7565877 7496294 18580403 18821390 -96038 45391 33874464 34529688 9849382 9496509 24025082 25033179 X SIMPSON HOUSE IS DEDICATED TO MEETING THE NEEDS OF SENIORS IN THE 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 16490932 17958024 SIMPSON HOUSE, INC. OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTHCARE AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF RESIDENTIAL LIVING UNITS, ASSISTED LIVING BEDS AND NURSING BEDS. 16490932 1 1 0 0 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 8 0 1 323 1 0 0 0 0 0 0 0 0 0 0 X 9 7 1 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 GLORIA BORING 40.00 X X 130312 0 17875 MARY BAMFORD 1.00 X X 0 0 0 KIM WILLIAMS 1.00 X X 0 210206 36070 MILDRED LILLY 1.00 X 0 0 0 REV ALFRED T DAY III 1.00 X 0 0 0 GILBERT ROWE 1.00 X 0 0 0 DOROTHY THOMAS 1.00 X 0 0 0 SIGMUND B KAHN MD 1.00 X 0 0 0 REV THOMAS MARSH 1.00 X 0 0 0 JAMES J KONISZEWSKI 1.00 X 0 196674 11387 SUDHAKARAN GOPALAN 40.00 X 117117 0 19470 ROSANN SMITH 40.00 X 102045 0 16761 349474 406880 101563 3 0 1 0 KEYSTONE HEALTH PLAN EAST PO BOX 70250 PHILADELPHIA PA 19176 EMPLOYEE HEALTHCARE 1430215 MORRISON SENIOR DINING PO BOX 102289 ATLANTA GA 30368 RESIDENT DINING 1419317 REHABCARE GROUP PO BOX 503534 ST LOUIS MO 63150 RESIDENT THERAPY 671660 AMERIHEALTH CASUALTY SERVICES PO BOX 8500 PHILADELPHIA PA 19178 INSURANCE 395712 MILLENNIUM PHARMACY SYSTEMS INC 100 EAST KENSINGER DRIVE 500 CRANBERRY TWP PA 16066 249634 10 476345 476345 NET RESIDENT SRV REV 623000 17474514 17474514 AMORT OF ENTRANCE FEES 623000 483510 483510 17958024 285421 285421 189154 111347 77807 77807 77807 47654 28482 19172 19172 FOOD SERVICE REVENUE 623000 11488 11488 VENDING AND TELEPHONE 623000 4628 4628 GIFT SHOP REVENUE 623000 4144 4144 29752 29752 50012 18866781 17958024 0 432412 148187 148187 8419827 8419827 233869 233869 1889281 1889281 633932 633932 1732727 1732727 29946 29946 33612 33612 9127 9127 43231 43231 48442 48442 269217 210481 58736 843992 843992 21444 21444 277613 277613 1225553 1225553 195028 195028 RAW FOOD 826058 826058 THERAPY 691061 691061 NURSING SUPPLIES 501010 501010 MAINTANENCE SUPPLIES 121396 121396 626837 546973 79864 18821390 16490932 2330458 0 1123120 782536 2353968 3153219 49955 102559 33376096 22471469 11900344 10904627 6890314 7504751 11556763 12081996 33874464 34529688 1420978 1573767 3059316 2935058 5096164 4740427 272924 247257 9849382 9496509 X 14601325 14480392 118881 165219 9304876 10387568 24025082 25033179 33874464 34529688 X 45391 962706 X X 0 1 1 X 0 X 655221 404334 807545 711983 476345 3055428 16597407 17260784 17825125 17554658 17958024 87195998 17252628 17665118 18632670 18266641 18434369 90251426 0 0 0 90251426 400459 446702 240900 192234 285421 1565716 400459 446702 240900 192234 285421 1565716 87335 89889 29707 46923 20260 274114 17740422 18201709 18903277 18505798 18740050 92091256 0.98000 0.98040 0.01700 0.01680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 350000 350000 25275360 16071644 9203716 7654796 6399825 1254971 95940 95940 10904627 SECURITIES AND OTHER INVESTMENTS 7504751 F 7504751 DEFERRED FINANCING FEES 16110 BENEFICIAL INTEREST TRUST 6211633 DUE FROM RELATED PARTY 5798494 DEPOSITS 55759 12081996 18866781 18821390 45391 422137 540569 962706 1008097 19192844 422137 28482 450619 18742225 124556 124556 18866781 19313777 492387 492387 18821390 0 18821390 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SCHEDULE D, PART VI: OTHER LAND, BUILDINGS, AND EQUIPMENT IS CONSTRUCTION IS PROCESS WHICH WILL NOT BE DEPRECIATED UNTIL THE ASSETS ARE PUT INTO USE. THE PROJECT IS IN THE PRELIMIARY DEVELOPMENTAL STAGES. 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: CHANGE IN TEMPORARILY RESTRICTED NET ASSETS 17,053. CHANGE IN PERMANENTLY RESTRICTED NET ASSETS 987,421. NET ASSETS RE-RESTRICTED -463,905. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF FUNDRAISING EXPENSE 28,482. PART XII, LINE 4B - OTHER ADJUSTMENTS: TEMPORARILY RESTRICTED CONTRIBUTIONS 29,285. PERMANENTLY RESTRICTED CONTRIBUTIONS 95,271. PART XIII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF FUNDRAISING EXPENSES 28,482. NET ASSETS RE-RESTRICTED 463,905. SCHEDULE D, PART IV, 2A - 2B: SIMPSON HOUSE RECEIVES FUNDS ON BEHALF OF SOME OF ITS RESIDENTS REPRESENTING RETIREMENT PAYMENTS, SSI AND OTHER BENEFITS. THE FUNDS ARE HELD IN SEPARATE ACCOUNTS AND ARE USED TO PAY THE RESIDENTS' PORTION OF THEIR MONTHLY ROOM AND BOARD, MONTHLY PERSONAL NEEDS AND INSURANCE COVERAGE. SCHEDULE D, PART VI: OTHER LAND, BUILDINGS, AND EQUIPMENT IS CONSTRUCTION IS PROCESS WHICH WILL NOT BE DEPRECIATED UNTIL THE ASSETS ARE PUT INTO USE. THE PROJECT IS IN THE PRELIMIARY DEVELOPMENTAL STAGES. EMBRACING LIFE DINNER 47654 47654 28482 47654 47654 28482 28482 19172 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 JAMES J KONISZEWSKI 0 196674 0 0 0 0 0 3933 0 7454 0 208061 0 0 FORM 990, PART VI, SECTION A, LINE 2 GLORIA BORING IS THE EXECUTIVE DIRECTOR FOR SIMPSON HOUSE AND HER SON, ALEX BORING, ALSO WORKS FOR THE FACILITIY AS A MEDICAL SUPPLY MANAGER. 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 AND CHIEF EXECUTIVE OFFICER FOR REVIEW AND APPROVAL. THE PRESIDENT AND 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. THE PROCESS WAS LAST UNDERTAKEN IN 2009. 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: 422,137. CHANGE IN TEMPORARILY RESTRICTED NET ASSETS 17,053. CHANGE IN PERMANENTLY RESTRICTED NET ASSETS 987,421. NET ASSETS RE-RESTRICTED -463,905. TOTAL TO FORM 990, PART XI, LINE 5: 962,706. AUDITED FINANCIAL STATEMENTS FORM 990, PART XI LINES 2C THE FINANCIAL STATEMENTS OF SIMPSON HOUSE, INC. WERE AUDITED BY INDEPENDENT AUDITORS ON A CONSOLIDATED BASIS WITH RELATED ORGANIZATIONS. ON LINE 2C, THE RELATED ORGANIZATIONS DO HAVE A COMMITTEE THAT ASSUMES RESPONSBILITY FOR OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. 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 MEADOWS 150 MONUMENT ROAD SUITE 105 BALA CYNWYD PA 19004 232948992 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 9 SIMPSON SENIOR SERVICES 0 SIMPSON GARDENS HOUSING CORP 150 MONUMENT ROAD SUITE 105 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