2024-09-24T09:38:46-05:00 2023-12-31 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2023-01-01 311571683 SENIOR HEALTH PROPERTIES-SOUTH INC SENI 2153466454 TWO BALA CYNWYD PLAZA 300 BALA CYNWYD PA 19004 HOWARD JAFFE PRESIDENT 5618017600 2024-09-24 1 1 HARRY E HARP CPA P00176471 4077405400 2023 2024-08-08 14:25:15Z HOWARD JAFFE TWO BALA CYNWYD PLAZA 300 BALA CYNWYD PA 19004 70587265 0 X N/A X 2000 FL OPERATE NURSING HOMES, PROVIDE HOUSING, AND DEVELOP MEDICAL PROGRAMS FOR THE CARE OF THE ELDERLY. 6 0 1126 0 0 0 1611047 1348349 66452935 69233881 14085 -1134 0 0 68078067 70581096 0 0 0 0 36988113 37021840 0 0 0 41110416 38590991 78098529 75612831 -10020462 -5031735 116873626 161804060 113553377 163655461 3320249 -1851401 THE MISSION OF SENIOR HEALTH PROPERTIES-SOUTH, INC. INCLUDES OPERATION OF ONE OR MORE NURSING HOMES, PROVISION OF HOUSING FOR THE ELDERLY, DEVELOPMENT OF MEDICAL PROGRAMS FOR THE CARE OF THE ELDERLY AND EDUCATION OF HEALTHCARE PERSONNEL IN THE PROPER CARE OF THE ELDERLY. 0 0 65985146 69233881 THE ORGANIZATION OPERATES SKILLED NURSING FACILITIES WITH A CAPACITY OF 710 BEDS, DEDICATED AND COMMITTED TO PROVIDING REHABILITATION AND SHORT AND LONG TERM NURSING AND MEDICAL CARE OF PATIENTS AND RESIDENTS. THE ORGANIZATION PROVIDES NUMEROUS ACTIVITIES AND PROGRAMS INCORPORATING AND PROMOTING FAMILY ACTIVITIES AND INVOLVEMENT WITH RESIDENTS AND STAFF. THESE ACTIVITIES PROMOTE A NORMALIZED ENVIRONMENT. DURING THE CURRENT YEAR, THERE WERE 223,302 RESIDENT DAYS. 65985146 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 87 0 1 1126 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X KANE FINANCIAL SERVICES CO SUSAN SHAIN 5612234161 1665 PALM BEACH LAKES BLVD STE 400 WEST PALM BEACH FL 33401 GRACE Y MARRERO REGISTERED NURSE 40.00 X 169042 0 25243 LUCRETA BROWN DIRECTOR OF NURSING 40.00 X 177793 0 7889 EDIER A LEON ADMINISTRATOR 40.00 X 171142 0 8839 AMOS LABRANCHE REGISTERED NURSE 40.00 X 179364 0 0 MARGARET DUFORT LPN 40.00 X 159517 0 8839 HOWARD JAFFE PRESIDENT 6.00 X X 51896 0 0 ANN MULLEN DELCOLLO DIRECTOR 2.00 X 12000 0 0 RICHARD DEPIANO JR DIRECTOR 2.00 X 12000 0 0 SANDRA OLIVER DIRECTOR 2.00 X 12000 0 0 PENNY RICHMOND DIRECTOR 2.00 X 12000 0 0 JUSTINE SCHMOLLINGER DIRECTOR 2.00 X 9000 0 0 965754 0 50810 40 0 1 0 SELECT REHABILITATION INC 2600 COMPASS RD GLENVIEW IL 60026 THERAPY SERVICES 5920979 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020 ENVIRONMENTAL SERVICES 1976558 KANE FINANCIAL SERVICES 1675 PALM BEACH LAKES BLVD SUITE 4 WEST PALM BEACH FL 33401 CONSULTING SERVICES 1263747 FACILITY SUPPORT COMPANY LLC 1665 PALM BEACH LAKES BLVD SUITE 4 WEST PALM BEACH FL 33401 CONSULTING SERVICES 1025412 PHARMERICA PO BOX 409251 ATLANTA GA 30384 PHARMACY SERVICES 878036 36 1348349 1348349 NET RESIDENT SERVICE REVENUE 623000 69233881 69233881 69233881 5035 5035 6169 -6169 -6169 -6169 70581096 69233881 0 -1134 X 86920 86920 30394723 26972882 3421841 24735 24291 444 4185851 4185851 2329611 2212019 117592 1226742 1226742 1005234 60 1005174 94164 94164 12398688 11688347 710341 86341 1401 84940 498792 27612 471180 515789 84297 431492 10444141 9439850 1004291 488894 254737 234157 73236 73236 959958 863991 95967 2080532 1832355 248177 STATE ASSESSMENT FEES 3796284 3796284 MEDICAL SUPPLIES 2710302 2710302 FOOD 1520312 1473481 46831 SUPPLIES & EQUIPMENT 610898 325340 285558 80684 18810 61874 75612831 65985146 9627685 0 1479539 0 3483786 4057782 381107 1173273 18832804 10639454 8488551 8193350 3533677 3533677 941584 825099 98565382 144020879 116873626 161804060 9775365 13264275 2948349 1600000 1058428 2355145 99771235 146436041 113553377 163655461 X 3320249 -1851401 3320249 -1851401 116873626 161804060 -5031735 -139915 0 X X 0 1 X 1 0 X 594217 5483409 7977852 1611047 1348349 17014874 67332475 65559205 66793819 66452935 69233881 335372315 67926692 71042614 74771671 68063982 70582230 352387189 0 0 0 352387189 35825 89927 42469 14085 5035 187341 35825 89927 42469 14085 5035 187341 3500000 3500000 71462517 71132541 74814140 68078067 70587265 356074530 0.98960 0.98970 0.00050 0.00050 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 571921 65480 637401 0 13112966 6253744 6859222 5719838 4385710 1334128 8193350 DEPOSITS 799499 RIGHT OF USE ASSET 143179380 ESTIMATED THIRD PARTY PAYOR SETTLEMENTS, NET 42000 144020879 OPERATING LEASE OBLIGATIONS 146436041 146436041 X 70581096 0 70581096 0 70581096 75612831 0 75612831 0 75612831 PART IV, LINE 1B: THE FILING ORGANIZATION OFFERS A CASH MANAGEMENT SERVICE TO ITS RESIDENTS. THESE FUNDS REMAIN THE SOLE PROPERTY OF THE RESIDENTS, TO BE DISBURSED ONLY AS REQUESTED. THE FILING ORGANIZATION HAS A FIDUCIARY DUTY OF ACCOUNTABILITY FOR THESE FUNDS AND REMAINS ONLY A CUSTODIAN. AT DECEMBER 31, 2023 AND 2022, THESE FUND BALANCES WERE APPROXIMATELY $637,000 AND $572,000, RESPECTIVELY. PART X, LINE 2: THE FILING ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE NO INCOME TAX PROVISION OR LIABILITY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES CAPTIVE INSURANCE COMPANY 3533677 0 0 0 0 0 0 3533677 0 3533677 0 0 1 0 0 0 X X X 0 0 0 0 0 0 0 0 0 GRACE Y MARRERO REGISTERED NURSE 169042 0 0 0 0 0 0 0 25243 0 194285 0 0 0 LUCRETA BROWN DIRECTOR OF NURSING 177793 0 0 0 0 0 0 0 7889 0 185682 0 0 0 EDIER A LEON ADMINISTRATOR 171142 0 0 0 0 0 0 0 8839 0 179981 0 0 0 AMOS LABRANCHE REGISTERED NURSE 179364 0 0 0 0 0 0 0 0 0 179364 0 0 0 MARGARET DUFORT LPN 159517 0 0 0 0 0 0 0 8839 0 168356 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE FILING ORGANIZATION HAS DELEGATED MANAGEMENT DUTIES OVER ITS FINANCIAL OPERATIONS TO KANE FINANCIAL SERVICES, LLC PURSUANT TO A BOARD-APPROVED AGREEMENT. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND THE CONSULTING COMPANY. THE RETURN IS MADE AVAILABLE TO ALL VOTING BOARD MEMBERS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS CONTAINED IN THE EMPLOYEE HANDBOOK. THE POLICY EXTENDS TO THE ORGANIZATION'S OFFICERS AND DIRECTORS. THE ORGANIZATION'S BOARD OF DIRECTORS MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH ITS ANNUAL DISCLOSURE PROCESS. THE BOARD REVIEWS ACTUAL CONFLICTS THAT ARE IDENTIFIED AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE CONSULTING COMPANY. ALL PARTIES ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION DECISIONS. COMPENSATION LEVELS ARE SET BASED ON CURRENT MARKET CONDITIONS, THE ECONOMY AND FUNDING SOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PURCHASED MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 8,422,332. MANAGEMENT AND GENERAL EXPENSES 1,516. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,423,848. CONSULTING FEES: PROGRAM SERVICE EXPENSES 905,330. MANAGEMENT AND GENERAL EXPENSES 594,164. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,499,494. ENVIRONMENTAL SERVICES: PROGRAM SERVICE EXPENSES 2,129,744. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,129,744. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 93,901. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 93,901. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 230,941. MANAGEMENT AND GENERAL EXPENSES 20,760. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 251,701. FORM 990, PART XII, LINE 2C THE GOVERNING BODY IS RESPONSIBLE FOR THE OVERSIGHT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDIT OF THE FINANCIAL STATEMENTS IS CURRENTLY ONGOING, BUT THEY WILL BE ISSUED UPON COMPLETION AND AVAILABLE UPON REQUEST. 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