2011-11-07T20:06:51-06:00 2010-12-31 LOEB & TROPER LLP 655 THIRD AVENUE 12TH FLOOR NEW YORK NY 10017 990 2010-01-01 113072153 SHOREFRONT JEWISH GERIATRIC CENTER INC SHOR 7189217742 6323 7TH AVENUE BROOKLYN NY 11220 ALEX BALKO 7189217742 2011-11-04 1 FREDERICK H ROTHMAN 2128674000 2010 2016-03-07 17:11:31Z SHOREFRONT CENTER FOR REHABILITATION ALEX BALKO 6323 7TH AVENUE BROOKLYN NY 11220 82372572 0 X WWW.MJHS.ORG X 1993 NY A 360 BED SKILLED NURSING AND REHABILITATION FACILITY WITH CERTIFIED HOME CARE SERVICES. 8 7 533 85 0 0 0 0 43924383 43950828 43834 1767404 1013710 36485 44981927 45754717 0 0 0 0 30650443 30334232 0 0 0 16008633 13786592 46659076 44120824 -1677149 1633893 68375599 68631839 43740201 44249585 24635398 24382254 TO OPERATE A NOT-FOR-PROFIT CENTER FOR REHABILITATION AND NURSING THAT PROVIDES PHYSICAL THERAPY AND SKILLED NURSING FOR PATIENTS AND RESIDENTS REQUIRING SUB-ACUTE AND LONG-TERM CARE. SHOREFRONT ALSO PROVIDES CERTIFIED HOME HEALTH CARE SERVICES FOR PATIENTS. 0 0 32986472 43936545 SHOREFRONT IS A 360 BED, NOT-FOR-PROFIT FACIITY THAT PROVIDES SUB-ACUTE REHABILITATION SERVICES INCLUDING: PHYSICAL THERAPY, OCCUPATIONAL THERAPY, RECREATIONAL THERAPY, SPEECH AND LANGUAGE THERAPY, ETC.) FOR ADULTS OF ALL AGES, AND SKILLED NURSING CARE FOR THE ELDERLY AND INDIVIDUALS 18 YEARS AND OLDER WHO HAVE SEVERELY DISABLING DISORDERS THAT REQUIRE LONG-TERM INSTITUIONAL CARE. LOCATED ON THE WORLD FAMOUS CONEY ISLAND BOARDWALK IN BROOKLYN, SHOREFRONT COMBINES THE CLINICAL SERVICES, COMPASSIONATE CARE AND PHYSICAL SURROUNDINGS PATIENTS, RESIDENTS AND FAMILY MEMBERS SEARCH FOR WHEN CHOOSING A CENTER FOR REHABILITATION AND NURSING CARE. SHOREFRONT PROVIDED A TOTAL OF 128,836 DAYS OF SKILLED NURSING CARE IN 2010. 265381 14283 SHOREFRONT JEWISH GERIATRIC CENTER ALSO PROVIDES HOME HEALTH CARE SERVICES TO RESIDENTS OF BROOKLYN, NEW YORK. COMMITTED TO SERVING THE NEEDS OF THE ELDERLY, HOMEBOUND AND INDIVIDUALS RECUPERATING FROM AN ACUTE EPISODE, SHOREFRONT PROVIDES SKILLED NURSING AND REHABILITATION SERVICES TO OUR PATIENTS AT HOME, MAKING IT POSSIBLE FOR THEM TO REMAIN IN THE COMMUNITY WHILE RECEIVING THE CARE THEY NEED. IN 2010, SHOREFRONT PROVIDED 97 HHA HOURS AND 211 VISITS FOR OTHER RELATED SERVICES THROUGH ITS CHHA. 33251853 1 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 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 61 0 1 533 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X PEGGY GUNDERMAN 7189217742 6323-7TH AVENUE BROOKLYN NY 11220 ELI S FELDMAN 2.00 X X 86377 1317250 78185 STEVEN TOPAL 0.50 X X 0 0 0 SHMUEL LEFKOWITZ 0.50 X X 0 0 0 JACOB FRIEDMAN 0.50 X 0 0 0 RONALD B MILCH 0.50 X 0 0 0 PAUL FINKELSTEIN MD 0.50 X 0 0 0 ELI GREENBERG 0.50 X 0 0 0 HOWARD GREENBERG 0.50 X 0 0 0 ALEXANDER BALKO 2.00 X 42947 654941 70940 ROBERT LEAMER 2.00 X 26296 401008 69640 ELLIOT BROOKS 5.00 X 64369 354031 53552 CAROL ALTIERI 11.50 X 71241 145577 38677 SUSAN CAPUTO 0.50 X 7735 525945 183155 VITALY AGARONOV 35.00 X 209623 0 34198 TODD OSTROW 35.00 X 177918 0 30168 CHARLES KANNER 35.00 X 186602 0 40772 MOHAMMAD BUTT 35.00 X 220937 0 30399 BORIS BLUDOY 35.00 X 165510 0 13070 1259555 3398752 642756 16 0 1 0 CHEM RX PO BOX 1060 LONG BEACH NY 11561 PHARMACEUTICAL 704817 CARETECH GROUP 1123 MCDONALD AVE BROOKLYN NY 11230 HOME HEALTH AIDES 476330 MMS PO BOX 643925 CINCINNATI OH 452643925 HOME HEALTH AIDES 463598 UNITEX TEXTILE RENTAL SERVICE 401 SO MACQUESTEN PKWY MT VERNON NY 10550 LAUNDRY 352617 RCM PO BOX 7777 PHILADELPHIA PA 19175 COMMUNICATION 265038 12 SKILLED NURSING FACILI 623000 43936545 43936545 CERTIFIED HOME HEALTH 623000 14283 14283 43950828 329515 329515 38055744 36617855 1437889 1437889 1437889 MISCELLANEOUS 900099 36485 36485 36485 45754717 43950828 0 1803889 336030 336030 21597368 19477075 2120293 1464055 1240261 223794 5245884 4386645 859239 1690895 1521021 169874 45356 45356 80464 80464 3264 3264 75356 75356 2415485 1846846 568639 127929 127929 1124416 459361 665055 114928 114928 1162366 550404 611962 14846 11725 3121 35767 6816 28951 1229780 675846 553934 2220889 1223487 997402 798674 8445 790229 ASSESSMENT 2217892 2217892 MEDICAL SUPPLIES 1003643 1003643 FOOD 790120 790120 BAD DEBT 246748 246748 MISCELLANEOUS EXPENSES 78669 46894 31775 44120824 33251853 10868971 0 6000 6000 20024034 25455151 6390 4220089 5010245 23407 8632 68575819 48278941 21967188 20296878 13872024 15483492 8262857 2365051 68375599 68631839 3590526 3422215 23552000 22410000 16597675 18417370 43740201 44249585 X 24635398 24382254 24635398 24382254 68375599 68631839 X 1633893 -1887037 X X 0 1 1 X 0 X 11250 27688 38938 135110081 146542995 88401559 43924383 43950828 457929846 135121331 146542995 88429247 43924383 43950828 457968784 0 0 0 457968784 472947 2411328 324706 247990 329515 3786486 472947 2411328 324706 247990 329515 3786486 2348538 150238 49930 1013710 36485 3598901 137942816 149104561 88803883 45186083 44316828 465354171 0.98410 0.98490 0.00810 0.00750 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME RECOVERY OF BAD DEBT 0 0 0 0 0 0 0 0 1 3264 3264 0 EXPLANATION OF OTHER LOBBYING ACTIVITIES: PART II-B, LINE 1I: LOBBYING PORTION OF ASSOCIATION DUES 659888 659888 51340679 35509685 15830994 15057534 12460572 2596962 1517718 308684 1209034 20296878 PATIENT TRUST FUNDS 479540 DUE TO THIRD PARTIES 14765484 SWAP LIABILITY RELATED TO LONG TERM DEBT 3059860 DUE TO PARTICIPATING AGENCIES OF METROPOLITAN JEWISH HEALTH SYSTEM 112486 18417370 45754717 44120824 1633893 -1350579 -536458 -1887037 -253144 44346607 -1350579 -1350579 45697186 57531 57531 45754717 44599751 536458 536458 44063293 57531 57531 44120824 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: SHOREFRONT ADOPTED THE PROVISION PERTAINING TO UNCERTAIN TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PERIODS ENDING DECEMBER 31, 2007 AND SUBSEQUENT REMAIN SUBJECT TO EXAMINATION BY APPLICABLE TAXING AUTHORITIES. PART XI, LINE 8 - OTHER ADJUSTMENTS: LOSS ON SWAP AGREEMENT RELATED TO LONG TERM DEBT -536,458. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SWAP AGREEMENT 536,458. X 1 1 X X X X X X 0 1 0 0 0 0 0 1 0 ELI S FELDMAN 61161 932709 0 0 25216 384541 2601 39662 2211 33711 91189 1390623 0 0 ALEXANDER BALKO 37308 568948 3190 48645 2449 37348 2601 39662 1765 26912 47313 721515 0 0 ROBERT LEAMER 22171 338101 1973 30085 2152 32822 2601 39662 1685 25692 30582 466362 0 0 ELLIOT BROOKS 54883 301854 4452 24488 5034 27689 6502 35761 1737 9552 72608 399344 0 0 CAROL ALTIERI 64345 131487 3286 6714 3610 7376 4700 9605 8008 16364 83949 171546 0 0 SUSAN CAPUTO 6396 434911 799 54326 540 36708 2211 150377 443 30124 10389 706446 0 0 VITALY AGARONOV 209623 0 0 0 0 0 11907 0 22291 0 243821 0 0 0 TODD OSTROW 167918 0 10000 0 0 0 11449 0 18719 0 208086 0 0 0 CHARLES KANNER 186602 0 0 0 0 0 12701 0 28071 0 227374 0 0 0 MOHAMMAD BUTT 220937 0 0 0 0 0 12922 0 17477 0 251336 0 0 0 BORIS BLUDOY 165510 0 0 0 0 0 11281 0 1789 0 178580 0 0 0 PART I, LINE 1A SENIOR EXECUTIVES SHALL BE REIMBURSED FOR BUSINESS/FIRST CLASS AIR TRAVEL FOR FLIGHTS OF FOUR AND ONE-HALF HOURS OR LONGER. THIS BENEFIT IS NONTAXABLE TO THE RECIPIENTS. PART I, LINE 4B PARTICIPATED IN, OR RECEIVED PAYMENT FROM, A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN: ELI FELDMAN- $378,183-THIS AMOUNT WAS PAID OUT IN 2010 AND HAD BEEN ACCRUED OVER THE PREVIOUS 3 YEARS. ALEXANDER BALKO - $17,426 ELLIOT BROOKS - $17,426 SUE CAPUTO - $17,426 ROBERT LEAMER - $17,426 PART I, LINE 7 BONUS ELIGIBILITY IS BASED ON THE EXTENT THAT EACH EXECUTIVE AND EMPLOYEE HAS ACHIEVED HIS/HER GOAL. NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY 132906040 SCHKPARTV 2007-06-27 26057000 REFUND PRIOR ISSUE (1/13/03) AND PAYOFF EXISTING DEBT 0 0 0 3647000 26057000 820 19386439 521140 6148601 2007 0 1 1 1 0 0 0 0 0 0 1 1 COMMERCE BANK NA 16.600000000000 1 0 0 0 1 FORM 990, SCHEDULE K, PART I, COLUMN C CUSIP # 9AMBD4J41 CUSIP # 9AMBD4J58 FORM 990, PART VI, SECTION A, LINE 4 DURING 2010, SHOREFRONT JEWISH GERIATRIC CENTER, INC, CHANGED THEIR BYLAWS TO MAKE METROPOLITAN JEWISH HEALTH SYSTEM, INC. THEIR SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 6 METROPOLITAN JEWISH HEALTH SYSTEM, INC. IS THE SOLE MEMBER OF SHOREFRONT JEWISH GERIATRIC CENTER, INC. FORM 990, PART VI, SECTION A, LINE 7A METROPOLITAN JEWISH HEALTH SYSTEM, INC. MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 DRAFTS OF THE COMPLETED RETURNS ARE REVIEWED BY THE EXECUTIVE VP/CFO, SENIOR VP/GENERAL COUNSEL AND THEIR STAFF. ANY COMMENTS ARISING FROM THEIR REVIEW ARE DISCUSSED AND IF REQUIRED, CHANGES ARE MADE TO THE DRAFT. THAT DRAFT WILL BE SUBMITTED TO THE FINANCE AND INVESTMENT COMMITTEE FOR ITS REVIEW AND APPROVAL. ONCE THE FINANCE AND INVESTMENT COMMITTEE HAS COMPLETED ITS REVIEW COPIES OF THE RETURNS WILL BE PROVIDED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, KEY EMPLOYEE AND MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS MUST FILE AND MAINTAIN CURRENT THE ORGANIZATION'S DIRECTORS BIOGRAPHICAL INFORMATION FORM AND, ON AN ANNUAL BASIS, COMPLETE THE ORGANIZATION'S DIRECTORS CONFLICT OF INTEREST STATEMENT AND ACKNOWLEDGEMENT WHICH ACKNOWLEDGES THAT EACH INDIVIDUAL HAS DISCLOSED ANY POTENTIAL CONFLICT OF INTEREST; RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; READ AND UNDERSTANDS THE CONFLICTS OF INTEREST POLICY; AND AGREED TO COMPLY WITH THE CONFLICTS OF INTEREST POLICY. THE SENIOR VICE PRESIDENT/GENERAL COUNSEL SUPERVISES THE DISTRIBUTION, COLLECTION AND REVIEW OF THE ANNUAL DIRECTORS CONFLICT OF INTEREST STATEMENT AND ACKNOWLEDGEMENT. FROM TIME TO TIME, DIRECTORS, PRINCIPAL OFFICERS, KEY EMPLOYEES AND/OR COMMITTEE MEMBERS ARE REMINDED OF THEIR OBLIGATION TO DISCLOSE POTENTIAL OR ACTUAL CONFLICTS OF INTEREST WHEN AND IF THEY ARISE. PROCEDURES FOR MANAGING IDENTIFIED CONFLICTS: EACH DIRECTOR, PRINCIPAL OFFICER, KEY EMPLOYEE AND MEMBER OF A BOARD COMMITTEE IS REQUIRED TO DISCLOSE ANY ACTUAL OR POTENTIAL CONFLICT OF INTEREST TO THE INDIVIDUAL CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. IN THE EVENT OF SUCH A DISCLOSURE, THE INTERESTED PARTY IS EXCUSED FROM THE MEETING AND THE BOARD/COMMITTEE DETERMINES WHETHER A CONFLICT EXISTS. IF THE BOARD/COMMITTEE DETERMINES THAT A CONFLICT EXISTS, THE CHAIRPERSON OF THE BOARD OR DESIGNEE (IF APPROPRIATE) WILL APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE AND REPORT TO THE BOARD OF DIRECTORS ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. BASED ON THE INFORMATION FURNISHED BY THE DISINTERESTED PERSON OR COMMITTEE, THE BOARD OF DIRECTORS WILL MAKE A DETERMINATION OF WHETHER THE CORPORATION CAN OBTAIN A MORE ADVANTAGEOUS TRANSACTION OR MORE REASONABLE ARRANGEMENTS FROM AN ENTITY OR PERSON THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST IS NOT REASONABLY ATTAINABLE UNDER THE CIRCUMSTANCES, THE BOARD OF DIRECTORS WILL DETERMINE, BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS, WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION. ALL OF THE ACTIONS STATED ABOVE SHALL BE REFLECTED IN THE BOARD/COMMITTEE MINUTES. IN THE EVENT THAT A DIRECTOR, PRINCIPAL OFFICER, KEY EMPLOYEE OR MEMBER OF A BOARD COMMITTEE FAILS TO DISCLOSE A POTENTIAL OR ACTUAL CONFLICT OF INTEREST, THE BOARD/COMMITTEE, AFTER AFFORDING THE INDIVIDUAL DUE PROCESS, SHALL DETERMINE WHETHER THE INDIVIDUAL VIOLATED THE CONFLICT OF INTEREST POLICY BY FAILING TO DISCLOSE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST AND, IN THE EVENT OF A DETERMINATION THAT A VIOLATION OCCURRED, TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR, THE ORGANIZATION RETAINS THE SERVICES OF A MAJOR EXECUTIVE COMPENSATION FIRM TO REVIEW MARKET PAY PRACTICES AND AVERAGE SALARY MOVEMENT AMONG SIMILARLY SITUATED EXECUTIVES. THE EXECUTIVE COMPENSATION FIRM IS ASKED TO DEVELOP A COMPARATIVE BASE THAT IS AS CLOSE AS POSSIBLE TO OUR ORGANIZATION. DIFFERENT COMPARATIVE GROUPS ARE CONSIDERED FOR EACH POSITION, CEO AND SENIOR VP'S AS APPROPRIATE. THIS WAS LAST COMPLETED IN JANUARY 2010. THIS MARKET ANALYSIS IS THEN REVIEWED BY THE COMPENSATION COMMITTEE IN DETERMINING SALARY ADJUSTMENTS FROM THE PERSPECTIVE OF MARKET COMPETITIVENESS AND PRIOR YEAR PERFORMANCE. PERFORMANCE IS BASED ON THE EXTENT THAT EACH EXECUTIVE HAS ACHIEVED HIS/HER GOALS. BONUS ELIGIBILITY IS DONE IN A SIMILAR MANNER. OTHER KEY EMPLOYEES ARE MANAGED IN SIMILAR MANNER THROUGH THE HUMAN RESOURCES DEPARTMENT UNDER THE DIRECTION OF THE SENIOR VICE PRESIDENT FOR HUMAN RESOURCES IN CONJUNCTION WITH THE CEO, USING LOCAL SURVEYS TO ENSURE MARKET COMPETITIVENESS. FORM 990, PART VI, SECTION C, LINE 18 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE OFFICE OF THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST TO THE OFFICE OF THE PRESIDENT. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -1,350,579. LOSS ON SWAP AGREEMENT RELATED TO LONG TERM DEBT -536,458. TOTAL TO FORM 990, PART XI, LINE 5: -1,887,037. FORM 990, PART XII, LINE 2C PROCESS HAS NOT CHANGED FROM PRIOR YEAR. HOURS WORKED FOR RELATED ORGANIZATIONS FORM 990, PART VII ELI S. FELDMAN - 31 ALEXANDER BALKO - 31 ROBERT LEAMER - 31 ELLIOT BROOKS - 28 PAUL FINKELSTEIN, MD - 3 SHMUEL LEFKOWITZ - 3 STEVEN TOPAL - 4 JACOB FRIEDMAN - 3.5 RONALD B. MILCH - 4.5 SUSAN CAPUTO - 28.5 ELI GREENBERG - 1.5 HOWARD GREENBERG - 2.5 CAROL ALTIERI - 23.5 METROPOLITAN JEWISH HEALTH SYSTEM INC 6323 7TH AVENUE BROOKLYN NY 11220 113538697 ADMINISTRATIVE SERVICES NY 501(C)(3) 7 N/A 0 MJG NURSING HOME CO INC 6323 7TH AVENUE BROOKLYN NY 11220 237123076 NURSING HOME, HOME CARE, ADULT DAY CARE NY 501(C)(3) 3 N/A 0 MENORAH HOME AND HOSPITAL FOR THE AGED AND INFIRM 6323 7TH AVENUE BROOKLYN NY 11220 111672777 NURSING HOME, ADULT DAY CARE NY 501(C)(3) 3 METROPOLITAN JEWISH HEALTH SYSTEM INC 0 METROPOLITAN JEWISH HOME CARE INC 6323 7TH AVENUE BROOKLYN NY 11220 320060822 HOME CARE, HOSPICE NY 501(C)(3) 9 METROPOLITAN JEWISH HEALTH SYSTEM INC 0 ELDERPLAN INC 6323 7TH AVENUE BROOKLYN NY 11220 112625096 MEDICARE ADVANTAGE SPECIAL NEEDS PLAN NY 501(C)(3) 9 N/A 0 HOMEFIRST INC 6323 7TH AVENUE BROOKLYN NY 11220 113325280 MEDICAID MANAGED LONG TERM CARE PLAN NY 501(C)(3) 9 N/A 0 MENORAH FOUNDATION INC 6323 7TH AVENUE BROOKLYN NY 11220 113471173 FUNDRAISING NY 501(C)(3) 11 TYPE I METROPOLITAN JEWISH HEALTH SYSTEM FOUNDATION 0 HOMEFIRST LHCSA INC 6323 7TH AVENUE BROOKLYN NY 11220 611501623 HOME CARE NY 501(C)(3) 9 N/A 0 SHOREFRONT TOWERS HOUSING DEVELOPMENT FUND CORPORATION 6323 7TH AVENUE BROOKLYN NY 11220 113200785 HOUSING NY 501(C)(3) 9 N/A 0 METROPOLITAN JEWISH HEALTH SYSTEM FOUNDATION 6323 7TH AVENUE BROOKLYN NY 11220 111630753 FUNDRAISING NY 501(C)(3) 7 N/A 0 JACOB PERLOW HOSPICE CORPORATION 6323 7TH AVENUE BROOKLYN NY 11220 133438643 HOSPICE SERVICES NY 501(C)(3) 3 METROPOLITAN JEWISH HEALTH SYSTEM INC 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 METROPOLITAN JEWISH HEALTH SYSTEM INC O 4311114 CASH HOMEFIRST INC K 938462 CASH ELDERPLAN INC K 1299134 CASH METROPOLITAN JEWISH HEALTH SYSTEM INC J 90628 CASH