2025-05-15T13:28:44-05:00 2024-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-07-01 232083077 MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE AND SUBSIDIARIES MADL 2153711800 261 OLD YORK RD SUITE 630 JENKINTOWN PA 19046 GREG SMITH PRESIDENT & EXECUTIVE DIRECTOR 2153711800 2025-05-14 1 1 KERRI N BOGDA CPA P00760402 7177404863 2025-05-14 X 2023 2025-03-06 01:10:19Z ROBIN BRANDIES 261 OLD YORK RD SUITE 630 JENKINTOWN PA 19046 1213184 1 1 2436 X WWW.ABRAMSONCENTER.ORG X 1866 PA NURSING/PERSONAL CARE, SHORT- TERM REHAB, HOSPICE, HOME CARE, ADULT DAYCARE, DIALYSIS, COUNSELING 108 108 196 124 0 0 7218802 598481 9716904 572755 3814347 -178757 1256184 39936 22006237 1032415 0 0 0 0 13917790 1237057 0 0 0 5995563 2201380 19913353 3438437 2092884 -2406022 41460355 37831715 4058236 2719608 37402119 35112107 X THE MISSION OF THE MADLYN & LEONARD ABRAMSON CENTER FOR JEWISH LIFE (DBA "ABRAMSON SENIOR CARE") IS TO ENHANCE THE QUALITY OF LIFE FOR SENIORS AND THEIR FAMILY CAREGIVERS BY ENSURING THAT SENIORS RECEIVE EXCEPTIONAL HEALTH CARE SERVICES AND SUPPORT TO ENABLE THEM TO AGE IN PLACE SAFELY AND INDEPENDENTLY. 0 0 1581325 572755 THE ABRAMSON CENTER HAS ESTABLISHED A NUMBER OF PROGRAMS TO SERVE THE NEEDS OF SENIOR CITIZENS. BELOW IS A LISTING OF THE ORGANIZATION'S PROGRAMS THAT WERE OPERATIONAL DURING THE FISCAL YEAR JULY 1, 2023 TO JUNE 30, 2024.CHRONIC CARE MANAGEMENT PROGRAM:ABRAMSON CENTER LAUNCHED A CENTERS FOR MEDICARE AND MEDICAID SERVICES PROGRAM IN MARCH 2024 IN COLLABORATION WITH SUBURBAN GERIATRICS, A REGIONAL PRIMARY CARE PROVIDER. THE PROGDRAM PROVIDED HEALTHCARE MANAGEMENT OF SENIORS WITH CONFIRMED DIAGNOSIS OF 2 OR MORE CHRONIC ILLNESSES. SERVICES INCLUDE PERSONALIZED CARE PLANS, MEDICATION AND APPOINTMENT ASSISTANCE, CARE COORDINATION, PATIENT EDUCATION, AND REMOTE ACCESS TO HEALTHCARE.MEDICAL MISSION SISTERS PROGRAM:THIS PROGRAM IS A CARE MANAGEMENT CONTRACT ARRANGEMENT TO PROVIDE LIFE AND HEALTH CARE MANAGEMENT SERVICES.HOLOCAUST SURVIVORS PROGRAM:SINCE 2015, ABRAMSON HAS BEEN PARTNERING WITH JFCSTO SUPPORT THE HOLOCAUST SURVIVOR PROGRAM. WE OFFER NURSE PRACTITIONER SUPPORT FOR CLINICAL NEEDS AND INCLUDE ROUTINE VISITS WHERE WE HELP TAKE CARE OF NEEDS SUCH AS CHRONIC DISEASE MANAGEMENT, BLOOD PRESSURE READINGS, AND OTHER MEDICAL ESSENTIALS.ABRAMSON SENIOR CARE CLINIC AT KLEINLIFE PROGRAM:SINCE 2022, ABRAMSON HAS BEEN PARTNERING WITH KLEINLIFE TO OPERATE A HEALTH AND WELLNESS CLINIC WITHIN THE COMMUNITY CENTER. ESSENTIAL HEALTH AND WELLNESS SERVICES INCLUDE QUARTERLY NURSE PRACTITIONER SUPPORT AND MONTHLY OUTREACH BY HEALTH CARE MANAGERS. HEALTH CARE APPOINTMENTS ARE AVAILABLE ON WEDNESDAYS.PRIVATE PAY PROGRAM:THIS PROGRAM OFFERS FEE FOR SERVICE CARE MANAGEMENT SERVICES.24/7 REFERRAL LINE:ABRAMSON RESPONDS TO INQUIRES FROM THE COMMUNITY ON THE 24/7 LINE PROVIDING GUIDANCE AND EXPERTISE.CAREGIVER EDUCATION PROGRAMS:VIRTUAL CAREGIVER EDUCATION GROUP OFFERINGS ARE DISPENSED VIRTUALLY ON A QUARTERLY BASIS. 1581325 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 28 0 196 1 0 0 0 0 0 0 0 0 0 0 0 0 X 108 108 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X ROBIN BRANDIES 2153711800 261 OLD YORK RD SUITE 630 JENKINTOWN PA 19046 LORRAINE DROBNY IMMEDIATE PAST CHAIR 0.15 X 0 0 0 JAMES M MEYER VICE CHAIR 0.15 X X 0 0 0 MARC L FELGOISE VICE CHAIR 0.15 X X 0 0 0 MORRIS GOCIAL VICE CHAIR 0.15 X X 0 0 0 NEIL J MODEL CHAIR 0.15 X X 0 0 0 SAUL V REIBSTEIN VICE CHAIR 0.15 X X 0 0 0 SCOTT BARSKY TREASURER 0.15 X X 0 0 0 STEWART SINGER ASSOCIATE SECRETARY 0.15 X X 0 0 0 MINDY BETH WEXLER SECRETARY 0.15 X X 0 0 0 AMY N COHEN TRUSTEE 0.05 X 0 0 0 ARNOLD H KRAMER PAST CHAIR 0.15 X 0 0 0 BARBARA KLEGER TRUSTEE 0.15 X 0 0 0 BARBARA M LINCOW HONORARY VICE CHAIR 0.15 X X 0 0 0 BARRY COOPERBERG TRUSTEE 0.05 X 0 0 0 BERNARD P DISHLER TRUSTEE 0.05 X 0 0 0 BETH DRAPKIN TRUSTEE 0.15 X 0 0 0 BETH G REISBOARD TRUSTEE 0.05 X 0 0 0 BRUCE A GOODMAN TRUSTEE 0.05 X 0 0 0 BRUCE GOLDSTEIN TRUSTEE 0.05 X 0 0 0 BUBBLES SEIDENBERG TRUSTEE 0.05 X 0 0 0 CARL W SCHNEIDER TRUSTEE 0.15 X 0 0 0 CAROL MANN TRUSTEE 0.05 X 0 0 0 CHRISTOPHER A SCHELL TRUSTEE 0.15 X 0 0 0 DANIEL BLEZNAK TRUSTEE 0.05 X 0 0 0 DAVID AXELROD TRUSTEE 0.05 X 0 0 0 DAVID HOROWITZ TRUSTEE 0.05 X 0 0 0 DAVID R CUTLER TRUSTEE 0.05 X 0 0 0 DEBRA MAGERMAN TRUSTEE 0.05 X 0 0 0 DEVORAH KENDALL TRUSTEE 0.05 X 0 0 0 DONALD A BERG TRUSTEE 0.15 X X 0 0 0 MICHAEL B STEINBERG PAST CHAIR 0.15 X 0 0 0 ELLEN B FARBER TRUSTEE 0.05 X 0 0 0 GARY B RUBIN TRUSTEE 0.05 X 0 0 0 GARY SENDER TRUSTEE 0.06 X 0 0 0 GEOFFREY DUFFINE TRUSTEE 0.05 X 0 0 0 GERALD C SEGAL TRUSTEE 0.15 X 0 0 0 GLENN D BLUMENFELD TRUSTEE 0.05 X 0 0 0 GREGORY S MARX TRUSTEE 0.05 X 0 0 0 HARRIET SILBERMAN TRUSTEE 0.05 X 0 0 0 HARVEY GOLDBERG PAST CHAIR 0.15 X 0 0 0 HOWARD A CUTLER TRUSTEE 0.15 X 0 0 0 HYMAN KAHN TRUSTEE 0.05 X 0 0 0 IAN M COMISKY TRUSTEE 0.05 X 0 0 0 IRVING N STEIN TRUSTEE 0.05 X 0 0 0 J BRETT STUDNER TRUSTEE 0.05 X 0 0 0 JACQUELINE P KANE TRUSTEE 0.05 X 0 0 0 JANE L DIAMOND TRUSTEE 0.15 X 0 0 0 JAY LEVITT TRUSTEE 0.05 X 0 0 0 JAY M BORNSTEIN TRUSTEE 0.15 X 0 0 0 JEROME HELLMANN TRUSTEE 0.05 X 0 0 0 JILL C ZIPIN TRUSTEE 0.05 X 0 0 0 JOHN BIRNHAK TRUSTEE 0.05 X 0 0 0 JONATHAN MANDELL TRUSTEE 0.05 X 0 0 0 JOSEPH M YOHLIN PAST CHAIR 0.15 X X 0 0 0 KAREN B KRAMER TRUSTEE 0.15 X 0 0 0 KAREN SCHECTER DAYNO TRUSTEE 0.05 X 0 0 0 NEAL R PEARLSTINE TRUSTEE 0.05 X 0 0 0 L SCOTT LEVIN MD TRUSTEE 0.05 X 0 0 0 LARRY J RAPPOPORT TRUSTEE 0.15 X 0 0 0 LORI ISRAELITE TRUSTEE 0.05 X 0 0 0 LOUIS W FRYMAN TRUSTEE 0.05 X 0 0 0 LYDIA HAMMER TRUSTEE 0.06 X 0 0 0 LYNNE PIERCE TRUSTEE 0.05 X 0 0 0 MALCOLM B JACOBSON TRUSTEE 0.05 X 0 0 0 MARC HARRIS GINSBURG TRUSTEE 0.05 X 0 0 0 MARGIE SHERR TRUSTEE 0.05 X 0 0 0 MARJORIE ACTMAN TRUSTEE 0.05 X 0 0 0 MARK FISHMAN TRUSTEE 0.05 X 0 0 0 MARK HARRIS ROSENFELD TRUSTEE 0.05 X 0 0 0 MARK R ESKIN TRUSTEE 0.05 X 0 0 0 MARK S BLASKEY TRUSTEE 0.05 X 0 0 0 MARTIN L TRICHON TRUSTEE 0.05 X 0 0 0 MELVIN DION TRUSTEE 0.05 X 0 0 0 MELVYN PAUL RICHTER HONORARY VICE CHAIR 0.15 X X 0 0 0 RONALD P PERILSTEIN TRUSTEE 0.15 X 0 0 0 MICHELLE PASTERNAK TRUSTEE 0.05 X 0 0 0 MICHELLE YELLIN TRUSTEE 0.05 X 0 0 0 MITCHELL S GOLDENBERG TRUSTEE 0.15 X 0 0 0 MURRAY SPAIN TRUSTEE 0.05 X 0 0 0 NEAL S GRABELL TRUSTEE 0.15 X 0 0 0 NED CARP TRUSTEE 0.05 X 0 0 0 PAUL C ASTOR TRUSTEE 0.05 X 0 0 0 PETER FRIEDMAN TRUSTEE 0.05 X 0 0 0 PHYLLIS MALISSA FINKELSTEIN TRUSTEE 0.05 X 0 0 0 RENEE G H SACKEY ESQ TRUSTEE 0.05 X 0 0 0 RICHARD A SCHMELTZER HONORARY VICE CHAIR 0.15 X X 0 0 0 RICHARD G FRANKEL TRUSTEE 0.05 X 0 0 0 RICHARD J FERST TRUSTEE 0.05 X 0 0 0 RICHARD KOLLENDER TRUSTEE 0.05 X 0 0 0 RICHELLE D HITTINGER TRUSTEE 0.05 X 0 0 0 ROBERT D KATZ TRUSTEE 0.05 X 0 0 0 RONALD P LASSIN TRUSTEE 0.05 X 0 0 0 S TY STEINBERG TRUSTEE 0.05 X 0 0 0 SAMUEL M GOLDSTEIN TRUSTEE 0.05 X 0 0 0 SANDI GOLDSTEIN TRUSTEE 0.05 X 0 0 0 SANDRA WEISS TRUSTEE 0.05 X 0 0 0 SETH J LEHR PAST CHAIR 0.15 X 0 0 0 SHEREE BLOCH TRUSTEE 0.05 X 0 0 0 SHIRLEY G PEARLSTINE HONORARY VICE CHAIR 0.15 X X 0 0 0 STEFI LEVIN TRUSTEE 0.06 X 0 0 0 STUART KURTZ TRUSTEE 0.05 X 0 0 0 SUSAN PANITCH TRUSTEE 0.05 X 0 0 0 SYLVIA KREITHEN TRUSTEE 0.05 X 0 0 0 WENDY TWING TRUSTEE 0.05 X 0 0 0 WILLIAM PERILSTEIN PAST CHAIR 0.15 X 0 0 0 WILLIAM SCHWARTZ PAST CHAIR 0.15 X 0 0 0 HOWARD J DAVIS TRUSTEE 0.15 X 0 0 0 FRED WOLFSON TRUSTEE 0.15 X 0 0 0 ROBIN BRANDIES VP OF DEV./PRES. 40.00 0.15 X 418474 0 30051 SEAN GREGSON PRESIDENT (UNTIL 4/30/23) 40.00 0.15 X 392699 0 32357 GREG SMITH CFO (UNTIL 5/19/23) 40.00 0.15 X 382870 0 36052 THOMAS MILLER VP OF COMMUN. SERV. (UNTIL 6/2/23) 40.00 X 176838 0 29733 MARGARET SMALL SENIOR ADMINISTRATIVE MANAGER 40.00 X 194058 0 15402 SVETLANA POZDNYAKOV DIRECTOR OF OPERATIONS & HEALTH MANAGEMENT 40.00 X 172550 0 28923 JOY SHORE VP CASE MANAGEMENT 40.00 X 257950 0 23667 JENNIFER CLAVES MEDICAL DIRECTOR 40.00 X 340165 0 25477 AILEE STRAUSSER DIRECTOR, HUMAN RESOURCES 40.00 X 291198 0 24665 KATHERINE BURKHAUSER CONTROLLER 40.00 X 128378 0 12539 MARY SCHULTZ DIRECTOR OF IT 40.00 X 190413 0 7057 JEAN HAAB PHYSICIAN 40.00 X 171560 0 14735 3117153 0 280658 13 0 1 0 NETSMART TECHNOLOGIES INC PO BOX 731519 PHILADELPHIA PA 19171 IT SOFTWARE AND SUPPORT 181157 CDI LLC 820 ADAMS AVENUE AUDUBON PA 19403 IT SERVICES 173784 INTELLITEC SOLUTIONS LLC 750 PRIDES CROSSING SUITE 100 NEWARK DE 19713 IT SOFTWARE SERVICES 133670 SUBURBAN GERIATRICS 2901 JOLLY ROAD PLYMOUTH MTG PA 19462 MEDICAL SERVICES 104295 4 107249 491232 598481 PATIENT REVENUE 623000 285766 285766 MSA REVENUE 623000 275000 275000 ADULT DAYCARE 623000 11989 11989 572755 869 869 1143 0 180769 1143 -180769 -179626 -179626 OTHER REVENUE 900099 39936 39936 39936 1032415 572755 0 -138821 X 658548 350448 308100 394706 208405 186301 183803 103869 79934 211320 211320 915591 357932 557659 57438 17070 40368 436275 189259 247016 203420 202332 1088 137704 62820 74884 OTHER EXPENSES 142421 48848 93573 PA NURSING HOME ASSESS. 87022 30153 56869 PHYSICIAN EXPENSES 10189 10189 3438437 1581325 1857112 0 3549276 356473 306 100000 124331 245760 941 653262 596249 14000 14000 203419 0 2293187 2380579 34535939 34252348 41460355 37831715 2265946 1469404 113174 91667 1679116 1158537 4058236 2719608 X 4448340 2176328 32953779 32935779 37402119 35112107 41460355 37831715 X -2406022 -83811 359886 -160065 X 0 0 0 X 6855110 3433086 6551327 7341326 598481 24779330 62907733 30119166 16607598 9456612 572755 119663864 69762843 33552252 23158925 16797938 1171236 144443194 565648 193511 298050 83802 1141011 0 565648 193511 298050 83802 1141011 143302183 831608 385640 26814 28148 869 1273079 831608 385640 26814 28148 869 1273079 17817 96747 114564 1200817 156801 1229213 1155287 39936 3782054 71813085 34191440 24414952 17981373 1212041 149612891 0.95780 0.95240 0.00850 0.01250 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2019 AMOUNT: $ 1,974. 2020 AMOUNT: $ 12,195. 2021 AMOUNT: $ 2,189. 2022 AMOUNT: $ 5,225. 2023 AMOUNT: $ 39,936. CAFE/MEALS REVENUE - 2019 AMOUNT: $ 92,776. RESIDENT PERSONAL NEEDS - 2019 AMOUNT: $ 396,874. 2020 AMOUNT: $ 116,824. FUNDRAISING RECEIPTS - 2019 AMOUNT: $ 190,846. DIALYSIS JOINT VENTURE INCOME - 2019 AMOUNT: $ 102,786. 2020 AMOUNT: $ -59,143. PHYSICIAN REVENUE - 2019 AMOUNT: $ 90,013. 2020 AMOUNT: $ 86,925. COVID RELIEF REVENUE - 2019 AMOUNT: $ 325,548. RELATED ORG ADMIN REVENUE - 2021 AMOUNT: $ 1,200,000. 2022 AMOUNT: $ 1,100,000. IT SERVICE REVENUE - 2021 AMOUNT: $ 17,583. 2022 AMOUNT: $ 50,062. VENDOR REFUNDS - 2021 AMOUNT: $ 9,441. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 13736936 1381252 1199792 13918396 13220498 988924 472486 13736936 15169404 -1528787 420119 13220498 12924714 250000 2454050 459360 15169404 12847474 530366 -24616 428510 12924714 0.79350 0.14590 0.06070 0 1 0 14000 14000 0 0 BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 522387 CASH SURRENDER VALUE OF INSURANCE POLICIES 834881 BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION 32200256 DUE FROM FOUNDATION 115784 RIGHT OF USE LEASE ASSETS 579040 34252348 ACCRUED WORKERS COMPENSATION 568026 RIGHT-OF-USE LEAVE OBLIGATION 590511 1158537 PART V, LINE 4: THE ENDOWMENT FUND ASSURES THE CONTINUITY OF THE CENTER'S MISSION TO CARE FOR THE ELDERLY FOR GENERATIONS TO COME AND IS MAINTAINED ACCORDING TO NATIONALLY ACCEPTED ENDOWMENT PRINCIPLES CONCERNING GROWTH, SPENDING, AND MANAGEMENT. DURING FY2021 THE ENDOWMENT FUND WAS TRANFERRED TO THE ABRAMSON SENIOR CARE FOUNDATION. X X X 1 1 X X X X 0 0 0 0 0 0 0 1 0 ROBIN BRANDIES VP OF DEV./PRES. 418474 0 0 0 0 0 12554 0 17497 0 448525 0 0 0 SEAN GREGSON PRESIDENT (UNTIL 4/30/23) 392699 0 0 0 0 0 11781 0 20576 0 425056 0 0 0 GREG SMITH CFO (UNTIL 5/19/23) 382870 0 0 0 0 0 11486 0 24566 0 418922 0 0 0 JENNIFER CLAVES MEDICAL DIRECTOR 340165 0 0 0 0 0 10205 0 15272 0 365642 0 0 0 AILEE STRAUSSER DIRECTOR, HUMAN RESOURCES 291198 0 0 0 0 0 8736 0 15929 0 315863 0 0 0 JOY SHORE VP CASE MANAGEMENT 257950 0 0 0 0 0 7738 0 15929 0 281617 0 0 0 MARGARET SMALL SENIOR ADMINISTRATIVE MANAGER 194058 0 0 0 0 0 5821 0 9581 0 209460 0 0 0 THOMAS MILLER VP OF COMMUN. SERV. (UNTIL 6/2/23) 176838 0 0 0 0 0 5305 0 24428 0 206571 0 0 0 SVETLANA POZDNYAKOV DIRECTOR OF OPERATIONS & HEALTH MANA 172550 0 0 0 0 0 5176 0 23747 0 201473 0 0 0 MARY SCHULTZ DIRECTOR OF IT 190413 0 0 0 0 0 5712 0 1345 0 197470 0 0 0 JEAN HAAB PHYSICIAN 171560 0 0 0 0 0 5147 0 9588 0 186295 0 0 0 PART I, LINE 1A THE CEO RECEIVES A TAX GROSS-UP PAYMENT FOR HER DISCRETIONARY CAR ALLOWANCE. THE CEO & VP OF DEVELOPMENT RECEIVES DISCRETIONARY AUTOMOBILE SPENDING ACCOUNTS. THE CEO, CFO, VP OF HUMAN RESOURCES, AND VP OF INFORMATION TECHNOLOGY RECEIVE A TAX GROSS-UP PAYMENT RELATED TO LONG-TERM DISABILITY INSURANCE PREMIUMS. PART I, LINE 7 OFFICERS AND KEY EMPLOYEES ARE AWARDED BONUSES BASED ON SPECIFIC CRITERIA ESTABLISHED AT THE BEGINNING OF THE FISCAL YEAR. THESE BONUSES ARE BASED ON SPECIFIC QUALITATIVE AND QUANTITATIVE GOALS AND ARE NOT PAID IF THESE CRITERIA ARE NOT MET. FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION ALSO HAS HONORARY TRUSTEES. THESE HONORARY TRUSTEES HAVE LIMITED VOTING RIGHTS AND ARE CONSEQUENTLY NOT LISTED ON PART VII. THE HONORARY TRUSTEES MAY ONLY VOTE ON THE FOLLOWING ISSUES: 1. ELECTION OR REMOVAL OF MEMBERS OF THE CORPORATION; 2. ELECTION OR REMOVAL OF OFFICERS, TRUSTEES OR HONORARY TRUSTEES OF THE CORPORATION; 3. THE PURCHASE, SALE, PLEDGE, LEASE OR EXCHANGE BY THE CORPORATION, OTHER THAN IN THE ORDINARY COURSE OF BUSINESS, OF PROPERTY AND ASSETS AT A COST EQUIVALENT TO OR GREATER THAN TWENTY PERCENT (20%) OF THE NET WORTH OF THE CORPORATION AS REFLECTED ON THE BALANCE SHEET MOST RECENT TO THE DATE OF SUCH PURCHASE; 4. THE MERGER, CONSOLIDATION OR OTHER BUSINESS COMBINATION INVOLVING THE CORPORATION AND ANY OTHER CORPORATION, PROFIT OR NOT-FOR-PROFIT, OR ENTITY; 5. THE ADOPTION OF ANY PLAN OR PROPOSAL FOR THE LIQUIDATION OR DISSOLUTION OF THE CORPORATION; 6. THE ADOPTION, ALTERATION, AMENDMENT OR REPEAL OF BYLAWS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS (INCLUDING HONORARY TRUSTEES NOT REPORTED IN FORM 990, PART VII) HAVE FAMILY RELATIONSHIPS: MINDY WEXLER - BRUCE GOODMAN (SIBLINGS) LEONARD ABRAMSON - RICHARD WOLFSON (SON IN LAW) LEONARD ABRAMSON - MARC FELGOISE (SON IN LAW) ARNOLD KRAMER - KAREN KRAMER (DAUGHTER IN LAW) PETER SPAIN - MURRAY SPAIN (FATHER) MICHAEL SILVERBERG - KAREN SILVERBERG (WIFE) JEFF LICHT - BARRY ABRAMSON (UNCLE) PHYLLIS GITLIN - AMY GITLIN (DAUGHTER) STANLEY GINSBURG - MARC H. GINSBURG (SON) CHRIS SCHELL - PHYLLIS FINKELSTEIN (MOTHER IN LAW) NEAL R. PEARLSTINE - SHIRLEY PEARLSTINE (STEP MOTHER) MINDY WEXLER - NEAL R. PEARLSTINE (BROTHER IN LAW) BRUCE GOODMAN - NEAL R. PEARLSTINE (BROTHER IN LAW) WILLIAM PERILSTEIN - RONALD PERILSTEIN (SON) MINDY WEXLER - STEFI LEVIN (AUNT) BRUCE GOODMAN - STEFI LEVIN (AUNT) BRUCE GOODMAN - CISSIE FRANTZ (AUNT) MINDY WEXLER - STEFI LEVIN (AUNT) MICHAEL STEINBERG - LORI ISRAELITE (COUSIN) MARK FISHMAN ANNABELLE FISHMAN (MOTHER) MANDELL, JONATHAN - MORTON MANDELL (FATHER) FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND IS THEN DISSEMINATED TO ALL TRUSTEES AND OFFICERS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ITS BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND REPORT ANY CONFLICTS. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND PROCEDURES ARE AS FOLLOWS: 1. THE CORPORATION RECOGNIZES THAT THE SKILLS, TALENTS AND RELATIONSHIPS OF ITS OFFICERS AND MEMBERS OF ITS BOARD OF TRUSTEES ARE AMONG ITS RICHEST ASSETS. THE CORPORATION ALSO IS AWARE THAT ACQUIRING GOODS OR SERVICES FROM, OR ENGAGING IN TRANSACTIONS WITH, ITS OFFICERS, TRUSTEES (AS USED IN THIS ARTICLE XII, ALL REFERENCES TO TRUSTEES SHALL BE DEEMED TO INCLUDE HONORARY TRUSTEES), MEMBERS OF THEIR FAMILIES OR ENTITIES IN WHICH THEY HAVE A FINANCIAL INTEREST OR WITH WHICH THEY ARE AFFILIATED (COLLECTIVELY SUCH PERSONS AND ENTITIES ARE REFERRED TO AS INTERESTED PARTIES) MAY CREATE AN APPEARANCE OF IMPROPRIETY. IN ORDER TO PROTECT THE CORPORATION AGAINST ANY IMPROPER APPEARANCE, THE CORPORATION WILL RESTRICT ITS BUSINESS DEALINGS WITH INTERESTED PARTIES AS FOLLOWS: 2. THE CORPORATION MAY ACQUIRE GOODS OR SERVICES FROM, OR OTHERWISE TRANSACT BUSINESS WITH, AN INTERESTED PARTY IF THE BOARD DETERMINES IN ITS JUDGMENT THAT THE GOODS OR SERVICES PROVIDED TO THE CORPORATION ARE, OR THE TRANSACTION IS, ON TERMS NO LESS ADVANTAGEOUS TO THE CORPORATION THAN THE TERMS AVAILABLE TO THE CORPORATION FROM THIRD PARTIES. MOREOVER, THE CORPORATION ANTICIPATES THAT ANY SUCH ACQUISITION MAY BE ON TERMS THAT ARE MORE ADVANTAGEOUS TO THE CORPORATION THAN THOSE GENERALLY EXTENDED BY THIRD PARTIES. IF AN INTERESTED PARTY OFFERS TERMS WHICH ARE AS ADVANTAGEOUS TO THE CORPORATION AS TERMS OFFERED BY ANOTHER VENDOR, THE CORPORATION MAY, BUT SHALL NOT BE REQUIRED TO, CONSIDER OTHER BENEFITS DERIVED BY IT FROM THE INTERESTED PARTY (E.G., PAST OR ANTICIPATED SERVICES RENDERED OR FINANCIAL SUPPORT) IN SELECTING BETWEEN OTHERWISE EQUALLY DESIRABLE VENDORS. 3. WHENEVER THE CORPORATION IS CONSIDERING ACQUIRING GOODS OR SERVICES FROM, OR ENTERING INTO A TRANSACTION WITH AN INTERESTED PARTY, THE DETAILS THAT CREATE THE INTERESTED PARTY RELATIONSHIP SHALL BE DISCLOSED TO THE CORPORATION IN WRITING. A COPY OF THE DISCLOSURE SHALL BE SUPPLIED TO THE CONFLICT OF INTEREST COMMITTEE (THE COMMITTEE) REFERRED TO BELOW. 4. THE CORPORATION SHALL ENTER INTO A TRANSACTION WITH AN INTERESTED PARTY (AN INTERESTED PARTY TRANSACTION) ONLY IF EITHER THE BOARD OF TRUSTEES (THE MAJORITY THEN SERVING) OR THE COMMITTEE (THE MAJORITY THEN SERVING) IS MADE AWARE OF THE INFORMATION REFERRED TO IN SUBSECTION 2 AND APPROVES THE TRANSACTION AS BEING FAIR TO AND IN THE BEST INTERESTS OF THE CORPORATION. ADDITIONALLY, THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES IN GRANTING THE APPROVAL CONTEMPLATED BY THIS PARAGRAPH. FOR PURPOSES OF THE PRECEDING TWO SENTENCES, ANY TRUSTEE, EXECUTIVE COMMITTEE MEMBER OR COMMITTEE MEMBER WHO IS (OR HAS AN INTEREST IN OR IS RELATED TO) THE EXECUTIVE COMMITTEE MEMBER OR COMMITTEE MEMBER THEN SERVING (INCLUDING, WITHOUT LIMITATION, FOR THE PURPOSE OF DETERMINING A QUORUM), SHALL NOT PARTICIPATE IN THE VOTE ON THE TRANSACTION AND SHALL NOT ATTEND THE MEETING WHILE APPROVAL OF THE TRANSACTION IS CONSIDERED. NOTWITHSTANDING THE FOREGOING, HOWEVER, PRIOR APPROVAL OF THE BOARD OF TRUSTEES OR THE COMMITTEE SHALL NOT BE REQUIRED IF (A) EMERGENCY CIRCUMSTANCES MAKE SUCH APPROVAL IMPRACTICAL (IN WHICH EVENT THE TRANSACTION SHALL BE REPORTED TO THE BOARD OF TRUSTEES PROMPTLY AFTER FACT), OR (B) IF THE TRANSACTION FALLS BELOW A DE MINIMIS THRESHOLD ESTABLISHED BY THE BOARD OF TRUSTEES OR THE COMMITTEE. 5. THE BOARD SHALL CREATE A STANDING CONFLICT OF INTEREST COMMITTEE (THE COMMITTEE) CONSISTING OF MEMBERS OF THE BOARD TO WHICH THE BOARD DELEGATES RESPONSIBILITIES TO: A. DEVELOP PROCEDURES AND GUIDELINES (COLLECTIVELY CALLED POLICIES) REGARDING INTERESTED PARTY TRANSACTIONS. SUCH POLICIES SHALL BE REPORTED TO THE BOARD OF TRUSTEES. POLICIES ADOPTED BY THE COMMITTEE SHALL BE BINDING UPON THE CORPORATION UNLESS DISAPPROVED BY THE BOARD OF TRUSTEES; B. MONITOR TRANSACTIONS WITH INTERESTED PARTIES; C. MAKE SUCH RECOMMENDATIONS AS IT MAY DEEM APPROPRIATE FROM TIME TO TIME FOR ACTIONS TO BE TAKEN BY THE EXECUTIVE COMMITTEE OR THE BOARD OF TRUSTEES WITH RESPECT TO INTERESTED PARTY TRANSACTIONS; D. INTERPRET THIS ARTICLE OF THE BYLAWS; E. ESTABLISH SUCH CRITERIA AS IT MAY DEEM APPROPRIATE FOR DE MINIMIS TRANSACTIONS THAT NEED NOT BE APPROVED HEREUNDER; AND F. REPORT AT LEAST ONCE IN EACH CALENDAR YEAR TO THE BOARD OF TRUSTEES ON THE ACTIVITIES. POLICIES OF CONFLICT OF INTEREST COMMITTEE OF THE ABRAMSON CENTER APPROVED BY THE BOARD OF TRUSTEES MAY 11, 2011 THE CONFLICT OF INTEREST COMMITTEE OF THE ABRAMSON CENTER FOR JEWISH LIFE HEREBY ADOPTS THE FOLLOWING POLICIES PURSUANT TO ARTICLE XII, SECTION 5(A) OF THE CORPORATION'S BYLAWS. THE COMMITTEE WILL GENERALLY APPROVE AN INTERESTED PERSON RELATIONSHIP ONLY IF IT IS MORE ADVANTAGEOUS TO THE CENTER THAN IS OTHERWISE AVAILABLE FROM THIRD PARTIES IN THE COMMITTEE'S JUDGMENT, CONSIDERING PRICE AND ALL OTHER RELEVANT ASPECTS OF VALUE. SUPPLEMENTING BUT NOT LIMITING THE PROVISION OF THE BYLAWS, AN "INTERESTED PARTY" SHALL INCLUDE "FAMILY MEMBERS" OF AN INDIVIDUAL. FAMILY MEMBERS SHALL INCLUDE ONLY AN INDIVIDUAL'S SPOUSE, ANCESTORS (PARENTS, GRANDPARENTS, ETC.), BROTHERS AND SISTERS (WHETHER WHOLE OR HALF BLOOD), CHILDREN (WHETHER NATURAL OR ADOPTED), GRANDCHILDREN, GREAT-GRANDCHILDREN, AND SPOUSES OF BROTHERS, SISTERS, CHILDREN, GRANDCHILDREN, AND GREAT-GRANDCHILDREN. "INTERESTED PARTY" SHALL ALSO INCLUDE ANY ENTITY IN WHICH AN INDIVIDUAL AND HIS OR HER FAMILY MEMBERS TOGETHER HOLD AN EQUITY INTEREST OF 35% OR MORE. BEFORE A PERSON IS NOMINATED AS TRUSTEE OR HONORARY TRUSTEE, REASONABLE EFFORTS SHOULD BE MADE TO DETERMINE IF THE PERSON'S ELECTION WILL CREATE AN INTERESTED PARTY RELATIONSHIP. AMONG OTHER STEPS, THE PROSPECTIVE NOMINEE SHOULD BE REQUESTED TO REVIEW THE LIST OF THE CENTER'S VENDORS AND DISCLOSE ANY CONNECTION HE OR SHE HAS WITH ANY VENDOR OTHER THAN A CUSTOMER IN THE ORDINARY COURSE OF BUSINESS. IF THE POTENTIAL NOMINEE'S ELECTION WOULD CREATE AN INTERESTED PARTY RELATIONSHIP, THE PERSON SHOULD BE ENCOURAGED TO SUPPORT THE CENTER BY JOINING A COMMITTEE OR PARTICIPATING IN PROJECTS AS A VOLUNTEER BUT NOT BECOME A BOARD MEMBER. IF, NONETHELESS, IT APPEARS APPROPRIATE TO NOMINATE THE PERSON AS A BOARD MEMBER, THE PREFERENCE SHOULD BE TO NOMINATE HIM OR HER AS AN HONORARY TRUSTEE RATHER THAN A TRUSTEE. IN NO EVENT SHOULD A PERSON BE NOMINATED AFTER THE DATE OF THE ADOPTION OF THIS POLICY TO SERVE AS A TRUSTEE IF THE ANNUAL AMOUNT OF THE CENTER'S PAYMENTS TO THE RELATED ENTITY HAVE EXCEEDED OR ARE EXPECTED TO EXCEED $50,000; PROVIDED THAT STANDING TRUSTEES SHALL NOT BE BARRED FROM CONTINUING TO SERVE AS A TRUSTEE OR HONORARY TRUSTEE. BEFORE AN INTERESTED PARTY RELATIONSHIP IS APPROVED BY THE COMMITTEE, THE STAFF MEMBER OR COMMITTEE PROPOSING THE RELATIONSHIP SHALL ADVISE THE COMMITTEE IN WRITING OF THE REASON(S) FOR THE RECOMMENDATION, ANY ALTERNATIVES CONSIDERED AND THE DUE DILIGENCE USED TO DETERMINE THE RELEVANT FACTS. IF AN INTERESTED PARTY RELATIONSHIP IS APPROVED, THE CENTER SHALL CONDUCT A REQUEST FOR PROPOSAL (RFP) FOR ALTERNATIVE VENDORS FOR THE GOODS OR SERVICES INVOLVED AT LEAST ONCE EVERY TWO YEARS WHENEVER PRACTICAL. THE COMMITTEE RECOGNIZES THAT THERE MAY BE CIRCUMSTANCES WHERE CHANGING VENDORS ON THIS CYCLE IS IMPRACTICAL - E.G. WHERE COUNSEL IS ENGAGED TO REPRESENT THE CENTER IN A LITIGATION WHICH IS NOT CONCLUDED WITHIN TWO YEARS, AND IT WOULD BE INEFFICIENT AND IMPRACTICAL TO CHANGE COUNSEL DURING THE COURSE OF THE LITIGATION. A RELATIONSHIP SHALL NOT BE CONSIDERED AN INTERESTED PARTY RELATIONSHIP IF THE FOLLOWING CRITERIA ARE MET: (1) AN INTERESTED PARTY IS AN EMPLOYEE OF A PUBLICLY OWNED COMPANY (INCLUDING ITS DIRECT OR INDIRECT SUBSIDIARIES), OR A LARGE NON-PROFIT ENTITY SUCH AS A HOSPITAL SYSTEM OR BLUE CROSS AFFILIATE, THAT HAS TRANSACTIONS WITH THE CENTER (THE "VENDOR"), BUT IS NOT A DIRECTOR, OFFICER, TRUSTEE OR HOLDER OF A SIMILAR POSITION WITH THE VENDOR OR ITS RELEVANT BUSINESS UNIT; (2) THE INTERESTED PARTY DOES NOT PARTICIPATE IN CREATING OR SUPERVISING THE VENDOR'S RELATIONSHIP WITH THE CENTER AND RECEIVES NO COMPENSATION RELATING TO OR MEASURED BY SUCH RELATIONSHIP, AND (3) THE RELATIONSHIP WITH THE CENTER PROVIDES AND IS EXPECTED TO PROVIDE LESS THAN 1% OF THE VENDOR'S ANNUAL REVENUE. NOTWITHSTANDING THE FOREGOING, IF THE COMMITTEE BECOMES AWARE OF SUCH A RELATIONSHIP, THE COMMITTEE'S RECORDS SHALL NOTE THE RELEVANT INFORMATION. ALL INTERESTED PARTIES WITH WHOM RELATIONSHIPS ARE APPROVED SHALL BE ADVISED OF THE CENTER'S BYLAWS AND POLICIES RELATING TO INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR OFFICERS AND KEY EMPLOYEES OF THE ORGANIZATION IS ESTABLISHED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. MINUTES OF THE COMPENSATION COMMITTEE MEETINGS ARE MAINTAINED. COMPARABILITY DATA IS EMPLOYED AT THE TIME OF HIRE TO ENSURE EXECUTIVES' SALARIES REMAIN WITHIN FAIR MARKET VALUE FOR THE INDUSTRY. CONTEMPORANEOUS DOCUMENTATION OF THE COMMITTEE'S DELIBERATION AND DECISION IS MAINTAINED FOR THE CEO POSITION. FOR OTHER KEY EMPLOYEES THE CENTER USES COMPARABILITY DATA TO DETERMINE COMPENSATION. 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 CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 357,932. MANAGEMENT AND GENERAL EXPENSES 557,659. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 915,591. FORM 990, PART XI, LINE 9: DISCONTINUED OPERATIONS -160,065. ABRAMSON AT HOME LLC 5 SENTRY PARKWAY EAST SUITE 100 BLUE BELL PA 19422 271312333 HOME HEALTH & GERIATRIC CARE PA 0 0 MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE MADLYN & LEONARD ABRAMSON CENTER FOR JEWISH LIFE WORKERS' COMPENSATION TRUS 5 SENTRY PARKWAY EAST SUITE 100 BLUE BELL PA 19422 232717561 PROVIDE WORKERS' COMPENSATION BENEFITS PA 501(C)(3) LINE 12A, I MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE 0 ABRAMSON SENIOR CARE FOUNDATION 5 SENTRY PARKWAY EAST SUITE 100 BLUE BELL PA 19422 834603779 HOLDS INVESTMENTS PA 501(C)(3) LINE 7 MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 ABRAMSON SENIOR CARE FOUNDATION C 107249 COST