2023-06-08T13:57:36-05:00 2022-12-31 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL STREET 4TH FLOOR CONCORD NH 03301 990 2022-01-01 020222243 WENTWORTH SENIOR LIVING WENT 6034360169 346 PLEASANT STREET PORTSMOUTH NH 03801 LARRY CUTLIFFE PRESIDENT & CEO 6034360169 2023-06-08 1 LARRY CUTLIFFE 999009999 1 ORESTE J MOSCA CPA P00366101 6032245357 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LARRY CUTLIFFE 346 PLEASANT ST PORTSMOUTH NH 03801 9105282 0 X HTTP://WENTWORTHSENIORLIVING.ORG/ X HOME 1911 NH WENTWORTH SENIOR LIVING'S MISSION IS TO PROVIDE THE SENIORS WE SERVE WITH THE SUPPORT NECESSARY TO MAINTAIN THEIR INDIVIDUAL STRENGTHS AND CAPACITIES; THAT THEY, ALONG WITH THEIR FAMILIES AND FRIENDS, HAVE TRUST IN OUR DESIRE AND ABILITY TO HELP THEM SUCCEED; AND THAT ALL MEMBERS OF OUR STAFF FULLY EMBRACE THE BELIEF THAT THEY ARE GREATLY RESPECTED AND APPRECIATED FOR PLAYING AN IMPORTANT PART IN THIS EFFORT. 9 9 54 9 0 0 2233141 32421 5569125 6723111 237241 9937 91590 66098 8131097 6831567 0 0 0 0 4262557 4359676 0 0 0 2952714 3345994 7215271 7705670 915826 -874103 18229591 16144339 5008231 5592534 13221360 10551805 X WENTWORTH SENIOR LIVING ("WSL") OPERATES AN ASSISTED LIVING FACILITY LOCATED IN PORTSMOUTH, NEW HAMPSHIRE. WSL'S MISSION IS TO PROVIDE THE SENIORS WE SERVE WITH THE SUPPORT NECESSARY TO MAINTAIN THEIR INDIVIDUAL STRENGTHS AND CAPACITIES; THAT THEY, ALONG WITH THEIR FAMILIES AND FRIENDS, HAVE TRUST IN OUR DESIRE AND ABILITY TO HELP THEM SUCCEED; AND THAT ALL MEMBERS OF OUR STAFF FULLY EMBRACE THE BELIEF THAT THEY ARE GREATLY RESPECTED AND APPRECIATED FOR PLAYING AN IMPORTANT PART IN THIS EFFORT. 0 0 5987350 6734365 DURING THE YEAR, WSL PROVIDED CARING SUPPORT AND PERSONALIZED HEALTHCARE SERVICE TO SEACOAST SENIORS, PROVIDING 20,179 CENSUS DAYS DURING 2022. 5987350 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 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 0 1 0 0 0 1 26 0 1 54 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X JAMES PHELPS 6034360169 346 PLEASANT STREET PORTSMOUTH NH 038014536 KELLY BOSTON CHAIRPERSON 1.00 X X 0 0 0 ALAN M ROBINSON VICE-CHAIR 1.00 X X 0 0 0 LARRY CUTLIFFE PRESIDENT & CEO 40.00 X X 255584 0 8317 JOHN HEBERT TRUSTEE 1.00 X 0 0 0 DENIS DILLON TRUSTEE 1.00 X 0 0 0 DAVID SPLAINE TRUSTEE 1.00 X 0 0 0 MARK JACOBS TRUSTEE 1.00 X 0 0 0 JOAN GILE TREASURER 1.00 X X 0 0 0 SHARON WESTON TRUSTEE 1.00 X 0 0 0 DEB RODIER SECRETARY 1.00 X X 0 0 0 KRISTEN COLLINS VP OF HUMAN RESOURCES 40.00 X 133332 0 527 SUSAN PEDRO DIRECTOR OF RES. CARE 40.00 X 107229 0 144 496145 0 8988 3 0 1 0 SYSTEMS ENGINEERING INC 120 EXCHANGE ST SUITE 500 PORTLAND ME 04101 NETWORK INFRASTRUCTURE AND SUPPORT SERVI 167653 1 32421 32421 NET RESIDENT SERV. REVENUE 900099 6723111 6723111 6723111 146804 146804 83871 29027 54844 54844 54844 2107821 2244688 -136867 -136867 -136867 ADMIN INCOME 900099 4529 4529 SALON INCOME 900099 3901 3901 MEALS SOLD INCOME 900099 2614 2614 210 210 11254 6831567 6734365 0 64781 X 263901 263901 3423252 2756604 666648 83407 51988 31419 326257 239375 86882 262859 204557 58302 7662 7662 36136 36136 171073 44320 126753 217904 12944 204960 476088 436163 39925 3776 261 3515 1289 1289 136952 128393 8559 515600 483375 32225 OUTSOURCED STAFFING 931710 926560 5150 SUPPLIES 628668 553084 75584 REPAIRS AND MAINTENANCE 116943 116943 0 STAFF EXPENSES 79542 32783 46759 22651 22651 7705670 5987350 1718320 0 1720 1720 2080372 1644840 19882 150196 107898 107242 9928528 5637319 4489972 4291209 9468244 8371015 772942 623590 1288561 954527 18229591 16144339 449153 530988 443661 362444 3743508 4320266 371909 378836 5008231 5592534 X 3695426 3169836 9525934 7381969 13221360 10551805 18229591 16144339 -874103 -1795452 0 X X 0 1 X 1 0 X 164967 38883 692687 2233141 32421 3162099 6215825 6609880 5781237 5611119 6734365 30952426 18658 12430 31816 62904 6399450 6661193 6505740 7844260 6766786 34177429 0 0 0 34177429 367783 280899 230488 223466 230675 1333311 367783 280899 230488 223466 230675 1333311 6767233 6942092 6736228 8067726 6997461 35510740 0.96250 0.95450 0.03750 0.04550 X 8882309 -1473560 537286 6871463 8163259 1228951 509901 8882309 7706380 967692 510813 8163259 6954413 1263195 511228 7706380 7624788 -166017 504358 6954413 0.08334 0.91665 0 0 96504 96504 8078898 4433227 3645671 1482005 1204092 277913 271121 271121 4291209 OTHER RECEIVABLES 509592 REFUNDABLE RESIDENT DEPOSITS 378836 DEPOSIT 66099 954527 REFUNDABLE RESIDENT DEPOSITS 378836 378836 X 5065142 -1795452 -1795452 6860594 -29027 -29027 6831567 7734697 29027 29027 7705670 0 7705670 PART X, LINE 2: WSL HAS ADOPTED THE PROVISIONS OF FASB INTERPRETATION NO.48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ASC 740). ACCORDINGLY, MANAGEMENT HAS EVALUATED WSL'S TAX POSITIONS AND CONCLUDED WSL HAD MAINTAINED ITS TAX-EXEMPT STATUS, DOES NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, WSL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2019. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -29,027. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 29,027. 1 X X X X X 0 0 0 0 0 0 0 0 0 LARRY CUTLIFFE PRESIDENT & CEO 255584 0 0 0 0 0 0 0 8317 0 263901 0 0 0 PART I, LINE 3 THE COMPANY HAS A COMPENSATION COMMITTEE CONSISTING WHOLLY OF INDEPENDENT, OUTSIDE TRUSTEES. THE COMMITTEE ENGAGED AN OUTSIDE CONSULTING FIRM THAT SPECIALIZES IN EXECUTIVE COMPENSATION REVIEWS FOR SIMILAR BUSINESSES ON A NATIONAL BASIS. THE CONSULTING FIRM WAS ASKED TO CONDUCT AN INDEPENDENT BENCHMARKING ANALYSIS OF CASH COMPENSATION INCLUDING BASE SALARY AND BASE SALARY PLUS INCENTIVE FOR THE CEO. THESE ANALYSES WERE DESIGNED TO PROVIDE AFFIRMATION OF THE COMPANY'S COMPLIANCE WITH IRS REGULATIONS RELATED TO THE REASONABLENESS OF EXECUTIVE COMPENSATION PRACTICES IN TAX-EXEMPT ORGANIZATIONS. THE COMMITTEE USED THE RESULTS OF THIS ANALYSIS TO ESTABLISH TOTAL COMPENSATION TARGETS FOR THE CEO AND THE FULL BOARD OF TRUSTEES APPROVED THE COMMITTEE'S RECOMMENDATIONS. FORM 990, PART VI, SECTION A, LINE 6 WSL IS GOVERNED, IN PART, BY A BOARD OF INCORPORATORS. THEIR POWERS ARE DETAILED IN THE BY-LAWS AND INCLUDE THE ANNUAL APPOINTMENT OF THE BOARD OF TRUSTEES AND ELECTION OF NEW MEMBERS TO THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A WSL IS GOVERNED, IN PART, BY A BOARD OF INCORPORATORS. THEIR POWERS ARE DETAILED IN THE BY-LAWS AND INCLUDE THE ANNUAL APPOINTMENT OF THE BOARD OF TRUSTEES AND ELECTION OF NEW MEMBERS TO THE CORPORATION. THE INCORPORATORS ALSO HAVE THE POWER TO REMOVE A TRUSTEE. RESPONSIBILITY FOR THE OPERATION OF WSL IS VESTED IN THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B WSL IS GOVERNED, IN PART, BY A BOARD OF INCORPORATORS. THEIR POWERS ARE DETAILED IN THE BY-LAWS AND INCLUDE THE ANNUAL APPOINTMENT OF THE BOARD OF TRUSTEES AND ELECTION OF NEW MEMBERS TO THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS PROVIDED TO THE BOARD AND APPROVED PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C WSL DOES HAVE A CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST DISCLOSURE IS ANNUALLY DISTRIBUTED TO ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES OF WSL. ANY CONFLICTS WHICH MIGHT BE CONSIDERED SERIOUS ARE BROUGHT TO THE BOARD'S ATTENTION AND RESOLVED ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 15 THE COMPANY HAS A COMPENSATION COMMITTEE CONSISTING WHOLLY OF INDEPENDENT, OUTSIDE TRUSTEES. THE COMMITTEE ENGAGED AN OUTSIDE CONSULTING FIRM THAT SPECIALIZES IN EXECUTIVE COMPENSATION REVIEWS FOR SIMILAR BUSINESSES ON A NATIONAL BASIS. THE CONSULTING FIRM WAS ASKED TO CONDUCT AN INDEPENDENT BENCHMARKING ANALYSIS OF CASH COMPENSATION INCLUDING BASE SALARY AND BASE SALARY PLUS INCENTIVE FOR THE CEO. THESE ANALYSES WERE DESIGNED TO PROVIDE AFFIRMATION OF THE COMPANY'S COMPLIANCE WITH IRS REGULATIONS RELATED TO THE REASONABLENESS OF EXECUTIVE COMPENSATION PRACTICES IN TAX-EXEMPT ORGANIZATIONS. THE COMMITTEE USED THE RESULTS OF THIS ANALYSIS TO ESTABLISH TOTAL COMPENSATION TARGETS FOR THE CEO AND THE FULL BOARD OF TRUSTEES APPROVED THE COMMITTEE'S RECOMMENDATIONS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER FEES FOR SERVICE: PROGRAM SERVICE EXPENSES 44,320. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 44,320. COMPUTER SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 126,753. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 126,753. FORM 990, PART IX, LINE 24E PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 22,651. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 22,651. PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THIS PROCESS. PARROT AVENUE PLACE INC 346 PLEASANT STREET PORTSMOUTH NH 038014536 020524497 TO SUPPORT WENTWORTH SENIOR LIVING AND ITS FUNDRAISING ACTIVITIES. NH 501(C)(3) LINE 12B, II WENTWORTH SENIOR LIVING 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0