2024-03-22T10:18:50-05:00 2022-06-30 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2021-07-01 200088838 METHODIST HOME FOR CHILDREN METH 2158771925 4300 MONUMENT ROAD PHILADELPHIA PA 19131 KATHRINE MARTIN PRESIDENT & CEO 2158771925 2024-03-14 1 KATHRINE MARTIN 999009999 DANIELLE NIHILL P01350943 7819821001 2024-03-14 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X KATHRINE MARTIN 4300 MONUMENT ROAD PHILADELPHIA PA 19131 3986498 0 X WWW.METHODISTSERVICES.ORG X 2003 PA TO PROVIDE AND MAINTAIN A SAFE AND CARING ENVIRONMENT TO METHODIST SERVICES 10 10 26 10 0 0 7354 18118 2806489 2759290 118 115 144011 1208975 2957972 3986498 0 0 0 0 1472907 1253459 0 0 236423 1773905 2370379 3246812 3623838 -288840 362660 3677128 2586065 4927827 3391784 -1250699 -805719 X THE MISSION OF THE CORPORATION SHALL BE TO FINANCIALLY SUPPORT THE PROVISION OF QUALITY SERVICES FOR CHILDREN, YOUTH AND FAMILIES, THROUGH COOPERATIVE AND COORDINATED EFFORTS WITH METHODIST HOME FOR CHILDREN ("MHC"), A PENNSYLVANIA NONPROFIT CORPORATION, METHODIST SERVICES, A PENNSYLVANIA NONPROFIT CORPORATION ("MSVCS"), AND OTHER MHC SUBSIDIARIES AS PART OF THE SYSTEM OF CORPORATIONS CONTROLLED BY MHC (TOGETHER TO BE CALLED HEREIN THE "MHC SYSTEM"), BY ACQUIRING, HOLDING, INVESTING AND MANAGING ASSETS AND MAKING GRANTS TO SUPPORT THE WORK OF THE MHC SYSTEM. 0 0 0 0 2759290 TO PROVIDE AND MAINTAIN A SAFE AND CARING ENVIRONMENT FOR CHILDREN AND FAMILIES WHO ARE PART OF THE VARIOUS PROGRAMS PROVIDED BY METHODIST SERVICES. METHODIST SERVICES PRIMARY GOAL IS TO EDUCATE AND EMPOWER CHILDREN AND FAMILIES TO ACHIEVE REALISTIC AND SUCCESSFUL RESULTS. 1 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 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 1 1 0 0 1 0 0 26 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 PA X KATHRINE MARTIN INTERIM PRESIDENT 2158771925 4300 MONUMENT ROAD PHILADELPHIA PA 19131 WILLIAM HILL CHAIR 1.00 X X 0 0 0 THAIS MCNEAL VICE CHAIR 1.00 X X 0 0 0 JERRY BURHOP TREASURER 1.00 X X 0 0 0 KALI CURRAN DIRECTOR 1.00 X 0 0 0 MICHAEL MARMION DIRECTOR 1.00 X 0 0 0 ROBERT COOMBE DIRECTOR 1.00 X 0 0 0 MICHAEL OEI DIRECTOR 1.00 X 0 0 0 LEE ROSENGARD DIRECTOR 1.00 X 0 0 0 SANFORD SORKIN DIRECTOR 1.00 X 0 0 0 REGINA LOJPERBERGER DIRECTOR 1.00 X 0 0 0 ANNE RICE-BURGESS PRESIDENT & CEO 40.00 2.00 X 192202 0 18904 KATHRINE MARTIN SR. VP & EXECUTIVE DIRECTO 1.00 41.00 X 0 167039 14433 ANDY CROSS CFO THRU 8/21 40.00 2.00 X 0 0 0 DAVID FAZIO CFO THRU 4/22 40.00 2.00 X 0 0 0 192202 167039 33337 1 0 1 0 G&R CONTRACTORS 6520 DITMAN STREET PHILADELPHIA PA 19135 CONSTRUCTION FOR CAMPUS RENOVATION 1063231 DOMUS INC 101 LIMEKILN PIKE GLENSIDE PA 19038 CONSTRUCTION FOR CAMPUS RENOVATION 245094 1260 HOUSING DEVELOPMENT CORPORATION 2042-48 ARCH STREET FL 2 PHILADELPHIA PA 19103 UTILITIES 143000 EMBER IT MANAGEMENT NETWORK 1004 W 9TH AVE SUITE 115 KING OF PRUSSIA PA 19406 IT SERVICES 140317 4 18118 18118 RENTAL INCOME 532000 1575682 1575682 MANAGEMENT FEE INCOME 561000 1093963 1093963 MAINTENANCE CONTRACTS 561700 89645 89645 2759290 115 115 18540 0 18540 18540 18540 ACTURARIAL GAINS 900099 671204 671204 ADMINISTRATIVE REVENUE 900099 297067 297067 DEVELOPER FEE 900099 218971 218971 3193 3193 1190435 3986498 2759290 0 1209090 X 312114 312114 708331 611929 96402 29201 24551 4650 127481 107833 19648 76332 65984 10348 86207 86207 16531 16531 85775 85775 74221 74221 437288 349747 87541 6746 6746 61249 59930 1319 36786 36017 769 1084839 1081459 3380 2090 2090 270 270 8148 7660 488 24708 24708 16583 13115 3468 MAINTENANCE 359332 352014 7318 HIRING COSTS 15526 15453 73 PROGRAM SUPPLIES 15106 14209 897 38974 38852 122 3623838 0 3387415 236423 86 1933277 1024 1024 922535 30445 57180 30312 19000 316577 213901 162112 102676 2530614 472908 3677128 2586065 336116 537586 587000 557650 512783 3491928 2296548 4927827 3391784 X -1250699 -805719 -1250699 -805719 3677128 2586065 X 362660 82320 X 0 1 X 1 0 X X X 1 METHODIST SERVICES 562311719 7 1 0 3754150 1 0 3754150 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: METHODIST HOME FOR CHILDREN HAS A HISTORIC AND CONTINUING RELATIONSHIP WITH METHODIST SERVICES. THE MANAGEMENT OF THE SUPPORTING ORGANIZATION IS CONDUCTED BY THE SAME INDIVIDUALS THAT MANAGE THE SUPPORTED ORGANIZATION. THIS OVERLAPPING MANAGEMENT REPORTS TO ALL GOVERNANCE BODIES TO ENSURE THAT THE SUPPORTING ORGANIZATION REMAINS ATTENTIVE AND RESPONSIVE TO THE NEEDS OF THE SUPPORTED ORGANIZATION. 0 0 0 0 0 1 74221 0 0 0 74221 0 PART II-B, LINE 1: A. LEGISLATIVE MONITORING FOR BOTH PROGRAMING AND FUNDING AT THE COMMONWEALTH OF PENNSYLVANIA B. COMMONWEALTH OF PENNSYLVANIA FUNDING OPPORTUNITIES (INCLUDING, BUT NOT LIMITED TO REDEVELOPMENT ASSISTANCE CAPITAL PROGRAM & PA HOUSING AFFORDABILITY FUND - PHARE PROGRAM FUNDING) C. IDENTIFY RACP ELIGIBLE PROJECTS FOR METHODIST AND WORK WITH THE GRANT WRITER TO EDIT AND REVIEW THE RACP APPLICATIONS AND SUPPORTING DOCUMENTS D. ADVOCATING FOR RACP APPLICATION FOR POWERHOUSE PROJECT INCLUDING MEETING WITH THE GOVERNOR'S OFFICE AND STATE ELECTED OFFICIALS TO SET UP SITE VISITS AND OBTAINING LETTERS OF SUPPORT. E. MONITOR AND ADVISE ON PA HOUSING FINANCE AGENCY (PHFA) POLICIES AND OPPORTUNITIES F. ADVOCATE AND SUPPORT THE PHFA PROJECT ON MAIN CAMPUS G. REPRESENT THE INTEREST OF METHODIST SERVICES WITH LOCAL ELECTED OFFICIALS 193289 66100 127189 123288 147801 -24513 102676 DUE FROM AFFILIATES 321369 DEFERRED COMPENSATION 111909 RESERVE FOR UNEMPLOYEMENT CLAIMS 39630 472908 PENSION LIABILITY 1446949 DEFERRED RENT 635001 DEFERRRED COMPENSATION 111909 CAPITAL LEASE OBLIGATION 59041 SECURITY DEPOSIT 13635 LONG TERM DEBT 30013 2296548 4068818 82320 82320 3986498 0 3986498 3623838 0 3623838 0 3623838 PART XI, LINE 2D - OTHER ADJUSTMENTS: SERVICE COST 82,320. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT RENTAL EXPENSES X X X X 0 0 0 0 0 0 0 0 0 ANNE RICE-BURGESS PRESIDENT & CEO 181702 0 10500 0 0 0 4919 0 13985 0 211106 0 0 0 KATHRINE MARTIN SR. VP & EXECUTIVE DIRECTO 0 156539 0 10500 0 0 0 3346 0 11087 0 181472 0 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS COMPRISED OF THE CHAIRPERSON, VICE-CHAIRPERSON(S), SECRETARY, TREASURER AND PRESIDENT (WITHOUT VOTE). THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, AND SHALL REPORT ITS ACTIONS TO THE BOARD AT THE NEXT MEETING OF THE BOARD. A QUORUM OF THE COMMITTEE MEMBERS MUST BE PRESENT. EXCEPTIONS TO THE POWER AND AUTHORITY OF THE EXECUTIVE COMMITTEE ARE AS FOLLOWS: (A) THE FILLING OF VACANCIES ON THE BOARD (B) THE ADOPTION, AMENDMENT OR REPEAL OF THE GOVERNING DOCUMENTS (C) THE AMENDMENT OR REPEAL OF ANY RESOLUTION OF THE BOARD (D) ACTION ON MATTERS COMMITTED BY THE BYLAWS OR BY RESOLUTION OF THE BOARD TO ANOTHER COMMITTEE OF THE BOARD FORM 990, PART VI, SECTION A, LINE 3 AS PART OF THE TRANSITIONING OF LEADERSHIP WITHIN THE FISCAL DEPARTMENT, MANAGEMENT OF METHODIST HOME FOR CHILDREN HAD ENGAGED WITH ROBERT HALF MANAGEMENT RESOURCES TO PROVIDE AN INTERIM CHIEF FINANCIAL OFFICER TO OVERSEE THE FINANCIAL MANAGEMENT OF THE ORGANIZATION AND ITS RELATED PUBLIC CHARITIES OF METHODIST SERVICES AND METHODIST HOME FOR CHILDREN FOUNDATION. THESE INDIVIDUALS PROVIDED THOSE DUTIES AND OVERSIGHT UNDER DIRECT SUPERVISION OF BOTH THE PRESIDENT AND CEO AND BOARD OF DIRECTORS. THESE SERVICES WERE USED FOR THE PERIOD JULY 2021 TO SEPTEMBER 2021 AND JUNE 2022. FOR THE THE PERIOD JULY 2021 TO JUNE 2022, FEES IN THE AMOUNT OF $86,207 WERE PAID TO ROBERT HALF MANAGEMENT RESOURCES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. ALL OFFICERS WILL RECEIVE A DRAFT COPY OF THE FORM 990 ALONG WITH ALL COMMENTS FOR CHANGES PRIOR TO FILING. THE FINAL COPY WILL BE SENT TO THE OFFICERS AND BOARD OF DIRECTORS THROUGH EMAIL PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANNUALLY INTEREST THAT COULD GIVE RISE TO CONFLICTS. THE ANNUAL DISCLOSURES ARE REVIEWED BY THE BOARD CHAIR AND THE FINAL DETERMINATION AS TO WHETHER A CONFLICT EXISTS IS DETERMINED BY THE JOINT OFFICERS COMMITTEE. IF ANY DIRECTOR IS INVOLVED INDIVIDUALLY, OR AS PART OF A BUSINESS OR PROFESSIONAL FIRM, IN THE ORGANIZATION'S BUSINESS TRANSACTIONS OR PROFESSIONAL SERVICES THEY MUST TIMELY DISCLOSE SUCH A RELATIONSHIP AND MUST RECUSE THEMSELVES WHEN MATTERS OF SUCH TRANSACTIONS ARE DISCUSSED AND/OR VOTED UPON, AND WILL BE REQUIRED TO LEAVE THE MEETING IF SUCH IS REQUESTED BY ANOTHER DIRECTOR IN ATTENDANCE. FORM 990, PART VI, SECTION B, LINE 15 AFTER INPUT IS SOUGHT FROM BOARD MEMBERS, THE BOARD CHAIR RESPONDS TO THE ANNUAL SUMMARY OF GOALS AND OBJECTIVES BY CONDUCTING THE ANNUAL PERFORMANCE EVALUATION WITH THE SENIOR VICE PRESIDENT/EXECUTIVE DIRECTOR. FOLLOWING THE EVALUATION A REVIEW OF NATIONAL AND STATE SALARY SURVEYS (TYPICALLY THE ALLIANCE FOR CHILDREN AND FAMILIES AND THE PENNSYLVANIA COUNCIL OF CHILDREN, YOUTH AND FAMILY SERVICES RESPECTIVELY) IS CONDUCTED BY THE CHAIR IN CONSULTATION WITH BOARD LEADERSHIP TO SET THE SALARY AND 457(B) PLAN CONTRIBUTIONS FOR THE COMING YEAR. SALARY ADJUSTMENTS FOLLOWING ANNUAL PERFORMANCE REVIEWS OF OTHER KEY LEADERSHIP POSITIONS (PRESIDENT/CEO, OTHER VICE PRESIDENTS) ARE CONDUCTED BY MHC WITH METHODIST SERVICES, A RELATED 501(C)(3) PUBLIC CHARITY, BOARD MEMBER INPUT. SALARY ADJUSTMENTS FALL INTO 3 CATEGORIES, BUT ARE NOT ALWAYS CHANGED EACH YEAR. 1. COST OF LIVING ADJUSTMENT (ANNUALLY APPROVED BY THE HUMAN RESOURCES COMMITTEE), 2. SALARY ADJUSTMENT ACCORDING TO TRENDS, AND 3. RECOGNITION FOR HIGH PERFORMANCE IN THE GIVEN YEAR. THE PROCESS, DELIBERATION AND FINAL DECISION ARE TIMELY DOCUMENTED IN THE BOARD MINUTES. 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. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 267,427. FUNDRAISING EXPENSES 87,541. TOTAL EXPENSES 354,968. SERVICE COST: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 82,320. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 82,320. FORM 990, PART XI, LINE 9: SERVICE COST 82,320. FORM 990, PAGE 1, SECTION B: THE METHODIST HOME FOR CHILDREN FOUNDATION AUDIT WAS NOT FINALIZED PRIOR TO THE FILLING DATE OF THE 2021 FORM 990. AS THE AUDIT WAS FINALIZED, THERE WERE CHANGES MADE TO THE FINANCIAL STATEMENTS THAT IMPACTED THE PREVIOUSLY FILED FORM 990. THE CHANGES MADE TO THE FORM 990 ARE AS FOLLOWS. PAGE 9, PART VIII, LINE 12, TOTAL REVENUE, INCREASED BY $3,420. THIS INCREASE CAN ALSO BE SEEN ON SCHEDULE D, PART XI, LINE 5. PAGE 10, PART IX, LINE 25A, TOTAL EXPENSES, INCREASED BY $1,013,844. THIS DECREASE AN ALSO BE SEEN ON SCHEDULE D, PART XII, LINE 5. THERE WERE ALSO SOME SHIFTS BETWEEN PROGRAM EXPENSES VS. MANAGEMENT & GENERAL EXPENSES WHICH CAUSED SOME CHANGES IN COLUMN B VS. C. PAGE 11, PART X, LINE 16, TOTAL ASSETS DECREASED BY $2,845,323. LINE 26, TOTAL LIABILITIES, DECREASED BY $1,527,860. LINE 32, TOTAL NET ASSETS DECREASED BY $1,317,463. METHODIST HOME FOR CHILDREN FOUNDATION 4300 MONUMENT ROAD PHILADELPHIA PA 19131 231401564 TO SUPPORT PROGRAMS & SERVICES TO CHILDREN, YOUTH & FAMILIES PA 501(C)(3) LINE 12B, II METHODIST HOME FOR CHILDREN 1 METHODIST SERVICES 4300 MONUMENT ROAD PHILADELPHIA PA 19131 562311719 TO PROVIDE SOCIAL SERVICES FOR CHILDREN, YOUTH & FAMILIES PA 501(C)(3) LINE 7 METHODIST HOME FOR CHILDREN 1 ALICIAN SENIOR APARTMENTS II GP LLC 70 E LANCASTER AVENUE FRAZER PA 19355 811043877 TO DEVELOP AND OPERATE AFFORDABLE HOUSING PROJECT FOR SENIORS PA METHODIST HOME FOR CHILDREN RELATED 0 0 0.51000 MONUMENT VILLAGE CORPORATION 4300 MONUMENT ROAD PHILADELPHIA PA 19131 341985321 INVESTMENT PA METHODIST HOME FOR CHILDREN C 1.00000 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 METHODIST SERVICES D 8514133 END OF YEAR OUTSTANDING BALANCE METHODIST HOME FOR CHILDREN FOUNDATION E 6259560 END OF YEAR OUTSTANDING BALANCE METHODIST SERVICES L 944480 CASH METHODIST HOME FOR CHILDREN FOUNDATION L 148000 CASH