2024-11-04T11:07:58-06:00 2023-12-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2023-01-01 043152499 SPRINGHOUSE INC SPRI 9259247100 44 ALLANDALE STREET BOSTON MA 02130 ANDREW MCDONALD CFO 9259247100 2024-10-10 1 0 LORI ROTHE YOKOBOSKY CPA P01273422 4107834900 2024-10-09 2023 2024-10-15 13:58:12Z X KENNETH BROOKS 44 ALLANDALE STREET BOSTON MA 02130 8913390 0 X HTTPS://WWW.HUMANGOOD.ORG/SPRINGHOUSE X 1992 MA TO OPERATE A RETIREMENT COMMUNITY CONSISTING OF 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING UNITS, AND 22 DEMENTIA ASSISTED LIVING UNITS. 6 6 81 15 0 0 1000 500 8100380 8257951 2591850 549187 0 0 10693230 8807638 0 0 0 0 3757290 4309418 0 0 0 4141133 4300144 7898423 8609562 2794807 198076 35790682 37837469 21152290 21703958 14638392 16133511 TO OPERATE A RETIREMENT COMMUNITY CONSISTING OF 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING, UNITS AND 22 DEMENTIA ASSISTED LIVING UNITS. 0 0 7271864 8240201 PROVIDING SERVICES TO RESIDENTS INCLUDING ASSISTED LIVING, INDEPENDENT LIVING, CLINICAL SERVICES, MEALS, SOCIAL & CULTURAL ACTIVITIES, HOUSEKEEPING, AND OTHER SERVICES, ALL OF WHICH FURTHER THEIR EXEMPT PURPOSE. LOCATED IN BOSTON, MA THE ORGANIZATION HAS 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING, UNITS AND 22 DEMENTIA ASSISTED LIVING UNITS. 7271864 1 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 49 0 81 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MA X X ANDREW MCDONALD 9259247100 1900 HUNTINGTON DRIVE DUARTE CA 91010 X GEORGIA BUCK DIRECTOR 2.00 X 0 0 0 JULIE TABERMAN CLERK 2.00 X X 0 0 0 KENNETH BROOKS PRESIDENT 2.00 X X 0 0 0 MINDY SPITZ TREASURER/VICE PRESIDENT 2.00 X X 0 0 0 PAUL HOLLINGS DIRECTOR 2.00 X 0 0 0 YAN LIN DIRECTOR 2.00 X 0 0 0 KAREN POLLACK SALES DIRECTOR 40.00 X 120679 0 10692 120679 0 10692 1 0 0 0 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020 HEALTHCARE 375896 HUMANGOOD NORCAL 1900 HUNTINGTON DRIVE DUARTE CA 91010 CONSULTING 292426 ROGERSON COMMUNITIES ONE FLORENCE STREET ROSLINDATE MA 02131 MANAGEMENT FEE 211329 BAY CONTRACTING INC 56 FELTON ST WALTHAM MA 02453 CONTRACTING 146079 4 500 500 RENTAL INCOME 623311 8079256 8079256 RESIDENT SERVICES 623311 96878 96878 AMORTIZATION OF NON-RE 623311 38691 38691 COMMUNITY FEES 623311 36716 36716 APARTMENT ENHANCEMENT 623311 6410 6410 8257951 475401 475401 179538 105752 73786 73786 73786 8807638 8257951 0 549187 3746580 3237606 508974 38876 33561 5315 314280 271310 42970 209682 181014 28668 503755 503755 40230 34214 6016 7670 6523 1147 761513 647643 113870 90219 90219 112637 101184 11453 20851 17733 3118 453383 408053 45330 7069 6251 818 301334 301334 895846 895846 174732 174732 SUPPLIES 684495 649510 34985 REAL ESTATE TAXES 163254 146655 16599 REPAIR AND MAINTENANCE 67713 67713 0 RENTAL EXPENSES 14594 0 14594 849 763 86 8609562 7271864 1337698 0 2263781 2020202 2057562 2060735 99785 210837 37643 15355 28075605 17076839 10539083 10998766 15812125 17144764 28433 22955 4952270 5363855 35790682 37837469 43912 724445 471034 7684847 6861111 12952497 14118402 21152290 21703958 X 14479092 15974211 159300 159300 14638392 16133511 35790682 37837469 198076 1297043 0 X 0 1 X 1 0 X 156625 487575 1000 500 645700 8480323 8126319 8277510 8100380 8257951 41242483 8480323 8282944 8765085 8101380 8258451 41888183 0 0 0 41888183 438969 348977 320953 369655 475401 1953955 438969 348977 320953 369655 475401 1953955 8919292 8631921 9086038 8471035 8733852 43842138 0.95540 0.95840 0.04460 0.04160 X 1636240 1636240 23682590 14550069 9132521 128118 128118 0 2216162 2040960 175202 412495 357692 54803 10998766 RESIDENT DEPOSITS 5073240 INTEREST SWAP 290615 5363855 REFUND. RESIDENT ENTRANCE FEES 13329564 DEFERRED REVENUE. ENTRANCE FEES 788838 14118402 X 10104681 1297043 1297043 8807638 0 8807638 8609562 0 8609562 0 8609562 PART X, LINE 2: THE ORGANIZATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE ("IRS") AS NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"). AS SUCH, THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE IRC AND NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS AND NO OTHER TAX POSITIONS MUST BE CONSIDERED FOR DISCLOSURE. THE ORGANIZATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. INCOME TAX RETURNS FILED BY THE ORGANIZATION ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE 2020 REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 DAY TO DAY OPERATIONS ARE MANAGED BY AN INDEPENDENT MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS THE PLEASANT SPRING COMMUNITIES, A MASSACHUSETTS NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE PLEASANT SPRING COMMUNITIES MAY APPOINT OR TERMINATE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBER SHALL HAVE ALL THE AUTHORITY OF MEMBERS PROVIDED UNDER MASSACHUSETTS GENERAL LAWS, CHAPTER 180, INCLUDING THE FOLLOWING RESERVED POWERS: I. APPROVAL OF ANY MERGER, CONSOLIDATION, RESTRUCTURING, DISSOLUTION OR LIQUIDATION OF THE CORPORATION, OR SALE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF ITS ASSETS; II. APPROVAL OF ANY AMENDMENT TO THE ARTICLES OF ORGANIZATION OR BY-LAWS OF THE CORPORATION III. APPROVAL OF ANY CHANGE IN THE PHILOSOPHY, MISSION AND VALUES OF THE CORPORATION, INCLUDING, WITHOUT LIMITATION, APPROVAL OF ANY STRATEGIC PLAN OR INITIATIVE PROPOSED BY ITS GOVERNING BOARD; IV. APPROVAL OF ANY AUDITOR AND ANNUAL AUDITED FINANCIAL STATEMENTS OF THE CORPORATION; V. APPROVAL OF ANY CHANGE IN ACCOUNTING PERIOD OF THE CORPORATION; VI. APPROVAL OF ANY BORROWING OR SIGNIFICANT CHANGES IN CREDIT FACILITIES IN EXCESS OF TEN PERCENT (10%) OF PROGRAM SERVICES REVENUE FOR THE MOST RECENTLY COMPLETED FISCAL YEAR; VII. APPROVAL OF THE CREATION OF A CONTROLLING INTEREST IN ANY SUBSIDIARY JOINT VENTURE BY OR FOR THE BENEFIT OF THE CORPORATION; AND VIII. APPROVAL OF TRANSACTIONS THAT INVOLVE A CONFLICT OF INTEREST FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE CFO AND FURNISHED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOARD IS REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE ORGANIZATION'S WEBSITE. ALL INFORMATION IS AVAILABLE UPON REQUEST AT THE ORGANIZATION. CHANGE IN AFFILIATION EFFECTIVE FEBRUARY 1, 2024, HUMANGOOD CORNERSTONE (CORNERSTONE), A CALIFORNIA NONPROFIT PUBLIC BENEFIT TAX-EXEMPT CORPORATION, AFFILIATED WITH PLEASANT SPRING COMMUNITIES, THE PARENT ENTITY OF THE ORGANIZATION AND MOUNT PLEASANT HOME. UPON THE EFFECTIVE DATE OF THE AFFILIATION, PLEASANT SPRING COMMUNITIES, MOUNT PLEASANT HOME AND THE ORGANIZATION BECAME SISTER ENTITIES WITH CORNERSTONE ACTING AS PARENT ENTITY AND SOLE MEMBER OF EACH AND EXERCISING ITS DIRECTION AND CONTROL THROUGH THE APPOINTMENT OF THEIR BOARDS OF DIRECTORS. PLEASANT SPRING COMMUNITIES 301 SOUTH HUNTINGTON AVE JAMAICA PLAIN MA 02130 043279977 FUNDRAISE MA 501(C)(3) 12 TYPE II N/A 0 MOUNT PLEASANT HOME 301 SOUTH HUNTINGTON AVE JAMAICA PLAIN MA 02130 042103822 ELDERLY CARE MA 501(C)(3) LINE 10 PLEASANT SPRING COMMUNITIES 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0