2011-10-31T16:12:58-05:00 2010-12-31 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2010-01-01 210634576 HEBREW OLD AGE CENTER OF ATLANTIC CITY T/A SEASHORE GARDENS LIVING CENTER HEBR 6094044848 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 08205 MARTIN KLEIN 6094044848 2011-10-31 1 DAVID L STAFFORD CPA 6096899700 2010 2016-03-07 17:11:31Z MARTIN KLEIN 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 08205 13767055 0 X WWW.SEASHOREGARDENS.ORG X 1934 NJ CARE FOR THE ELDERLY 35 33 261 0 0 0 40816 18909 13293897 13429971 99518 56026 241392 260908 13675623 13765814 0 0 0 0 7753658 7842037 0 0 21157 6289775 6121015 14043433 13963052 -367810 -197238 30383839 29616737 31925162 31336134 -1541323 -1719397 X SEASHORE GARDENS LIVING CENTER CONTINUOUSLY STRIVES TO PROVIDE THE FINEST QUALITY OF HEALTH CARE AND SUPPORTIVE SERVICES TO OUR RESIDENTS BY: (1) CREATING A CARING AND COMPASSIONATE ATMOSPHERE (2) PROVIDING A DEDICATED STAFF OF PROFESSIONALS WHO UNDERSTAND THE NEEDS OF THE ELDERLY (3) ENCOURAGING RESIDENT AND FAMILY INVOLVEMENT AND PARTICIPATION (4) UTILIZING AVAILABLE COMMUNITY RESOURCES 0 0 12161947 13689638 PROVISION OF FOOD AND LODGING FOR ELDERLY JEWISH AND NON JEWISH RESIDENTS PLUS CARING FOR THEIR PHYSICAL AND EMOTIONAL NEEDS. 12161947 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 1 16 0 261 1 0 0 0 0 0 0 0 0 0 0 0 0 X 35 33 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X MARTIN KLEIN 6093455941 22 WEST JIMMIE LEEDS ROAD GALLOWAY NJ 08205 HOWARD BACHARACH 1.00 X 0 0 0 CY BALTUS 1.00 X 0 0 0 ADRIENNE BEINFEST 1.00 X 0 0 0 HOWARD BERNSTEIN 1.00 X 0 0 0 SHIRLEY BERNSTEIN 1.00 X 0 0 0 SHELLEY BERNSTEIN 2.00 X X 0 0 0 NORMA BLECKER 1.00 X 0 0 0 RICHARD COHEN CPA 1.00 X 0 0 0 JEFFREY DELSON DDS 2.00 X X 0 0 0 SINDY O FINKELSON ESQ 1.00 X 0 0 0 SUZANNE SINGER 1.00 X 0 0 0 JASON GOLDSTEIN 1.00 X X 0 0 0 SHARON HARRIS-ZLOTNICK 1.00 X 0 0 0 MICHAEL HYETT ESQ 1.00 X 0 0 0 FRAN KAPLAN 1.00 X 0 0 0 DAVID KARP 2.00 X X 0 0 0 DR GARY KELMAN 1.00 X 0 0 0 ALLEN I KLEINER CPA 1.00 X 0 0 0 BILL KOHLER 1.00 X X 0 0 0 RABBI AARON KRAUSS 1.00 X 0 0 0 MAX LANDSMAN 1.00 X 0 0 0 MARTHA MOROWITZ 1.00 X 0 0 0 LYDIA NUSBAUM 1.00 X X 0 0 0 RABBI SHALOM PLOTKIN 1.00 X 0 0 0 TED RICH CLU 1.00 X 0 0 0 DEAN SCARPA 1.00 X 0 0 0 IRVING SHEINFELD 1.00 X 0 0 0 JAKE SIMON 1.00 X 0 0 0 IRVIN SNYDER 1.00 X 0 0 0 DAVID L WALLEN ESQ 1.00 X 0 0 0 MITCH ZITOMER 1.00 X 0 0 0 ALEXANDER LIEBERMAN III MD 1.00 X 0 0 0 MICHAEL WEINRAUB 1.00 X 0 0 0 MARTIN KLEIN 35.00 X X 278666 0 16622 JANICE T CAMBRON 40.00 X 95680 0 14746 374346 0 31368 3 0 1 0 SELECT MEDICAL REHABILITATION PO BOX 643920 PITTSBURGH PA 15264 THERAPY SERVICES 620591 ROSA COMMUNITY CARE LLC 15 LAURELDALE COURT TUCKERTON NJ 080871867 CONTACTED NURSING SERVICES 111503 8 18909 18909 ELDERLY CARE & HOUSING 623000 13429971 13429971 13429971 57267 57267 1241 -1241 -1241 -1241 OTHER SERVICE REVENUE 623000 260908 260908 260908 13765814 13689638 0 57267 214214 200390 13824 6012420 5493343 518398 679 1088388 963299 124975 114 527015 471623 50640 4752 14680 14680 33500 33500 742496 725467 17029 24397 3582 20815 414861 414861 1580962 1580962 891198 891198 528637 528637 FOOD 668104 668104 SUPPLIES 616306 588226 26676 1404 LAUNDRY 130374 130374 SECURITY 86046 86046 REPAIRS AND MAINTENANCE 55888 38842 17046 333566 106020 227162 384 13963052 12161947 1779948 21157 750 750 554243 355523 1671795 1820848 71789 90545 281791 319036 28986546 9059671 20527365 19926875 3203269 3036952 4072837 4066208 30383839 29616737 918393 878818 30040000 29545000 18656 10004 948113 902312 31925162 31336134 X -1541323 -1719397 -1541323 -1719397 30383839 29616737 X -197238 19164 X 0 1 1 X 0 X 192660 49541 61297 40816 18909 363223 2451767 2387660 3020892 3114760 3380324 14355403 2644427 2437201 3082189 3155576 3399233 14718626 0 0 0 14718626 292101 221805 137401 98618 57267 807192 292101 221805 137401 98618 57267 807192 263023 277322 241392 260908 1042645 3199551 2659006 3496912 3495586 3717408 16568463 0.88840 0.88970 0.04870 0.06010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3505916 3505916 25480630 9059671 16420959 19926875 UNAMORTIZED BOND ISSUANCE COSTS 345127 UNAMORTIZED ORIGINAL ISSUE DISCOUNT 55326 ASSETS HELD UNDER DEBT AGREEMENT 3003634 DUE FROM SEASHORE GARDENS FOUNDATION 440184 RESIDENT DEPOSITS 221937 4066208 ACCRUED SALARIES AND BENEFITS 419034 ACCRUED INTEREST 261341 RESIDENT DEPOSITS 221937 902312 13765814 13963052 -197238 19164 19164 -178074 13765814 0 13765814 0 13765814 13963052 0 13963052 0 13963052 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT HAS EVALUATED THE CENTER'S TAX POSITIONS FOR UNCERTAINTIES WITH RESPECT TO THE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2010, AND HAS DETERMINED THAT THERE IS NO LIABILITY FOR UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2010. WITH FEW EXCEPTIONS, THE CENTER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL AUTHORITIES FOR TAX YEARS BEFORE DECEMBER 31, 2007. X X 0 0 0 0 0 0 0 0 0 MARTIN KLEIN 278666 0 0 0 0 0 0 0 16622 0 295288 0 0 0 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FA6 2006-11-29 5365000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FB4 2006-11-29 8915000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FD0 2006-11-29 17080000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 0 1 0 0 0 1 0 0 0 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 0 0 0 0 TECHS TO GO THE PRESIDENT/CEO'S SON-IN-LAW IS THE PRESIDENT OF TECHS TO GO 21365 TECHS TO GO PROVIDES COMPUTER SERVICES TO THE ORGANIZATION 0 WALLEN & WALLEN AN OWNER OF WALLEN & WALLEN IS ON THE BOARD OF DIRECTORS 7031 WALLEN & WALLEN PROVIDES LEGAL SERVICES TO THE ORGANIZATION 0 ROTHENBERG HYETT EISEN & LANG AN OWNER OF ROTHENBERG, HYETT, EISEN & LANG IS ON THE BOARD OF DIRECTORS 1746 ROTHENBERG, HYETT, EISEN & LANG PROVIDES LEGAL SERVICES TO THE ORGANIZATION 0 FORM 990, PART VI, SECTION A, LINE 2 HOWARD BERNSTEIN, DIRECTOR AND SHIRLEY BERNSTEIN, DIRECTOR ARE HUSBAND AND WIFE. SHELLY BERNSTEIN IS THE DAUGHTER OF HOWARD AND SHIRLEY BERSTEIN. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE 990 IS PRESENTED TO THE BOARD FOR REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARY REVIEWS THEIR CONFLICT OF INTEREST POLICY AND REQUIRES BOARD MEMBERS TO DISCLOSE ANY CONFLICTS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION REVIEWS THE CEO'S EMPLOYMENT CONTRACT AND APPROVES THE CONTRACT AS IT RELATES TO COMPENSATION, COMPENSATION INCREASES, BONUSES AND OTHER FRINGE BENEFITS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST AND IS PUBLISHED ON THE GUIDESTAR WEBSITE. 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: 19,164. SEASHORE GARDENS FOUNDATION 22 W JIMMIE LEEDS RD GALLOWAT TWP NJ 08205 562424727 TO SUPPORT VARIOUS PROGRAMS AND SERVICES AT SEASHORE GARDENS LIVING CENTER NJ 501(C)(3) 509(A)(3) 0 SEASHORE ELDER HOUSING LLC 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 082059422 262342922 FOSTER LOW INCOME HOUSING, REDEVELOP, OWN AND OPERATE A MULTIFAMILY PROPERTY NJ UNRELATED 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 SEASHORE GARDENS FOUNDATION P 442815 ACTUAL AMOUNT PAID