2022-05-11T12:53:09-05:00 2021-06-30 232896692 BBD LLP 1835 MARKET STREET 3RD FLOOR PHILADELPHIA PA 19103 990 2020-07-01 232053395 PAUL'S RUN PAUL 2159343000 9896 BUSTLETON AVENUE PHILADELPHIA PA 19115 JOHN M BARNUM CFO/SENIOR VICE PRESIDENT 2159343000 2022-05-11 1 JOHN BARNUM 999009999 JENNIFER SOLOT P00749373 2155677770 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LUANNE FISHER 9896 BUSTLETON AVENUE PHILADELPHIA PA 19115 32738613 0 9386 X WWW.PAULSRUN.ORG X 1977 PA PAUL'S RUN VALUES THE INDIVIDUALITY OF RESIDENTS AND FAMILIES, AND SUPPORTED BY A COMPASSIONATE STAFF, ENCOURAGES EACH TO LIVE HOLISTICALLY IN A VIBRANT AND WELCOMING COMMUNITY. 9 8 506 86 0 0 718388 4041634 27995596 25814591 826763 516888 166311 121725 29707058 30494838 0 0 0 0 15992436 14964052 0 0 87500 13674269 13672840 29666705 28636892 40353 1857946 65118808 72731987 41160400 34699255 23958408 38032732 PAUL'S RUN VALUES THE INDIVIDUALITY OF RESIDENTS AND FAMILIES, AND SUPPORTED BY A COMPASSIONATE STAFF, ENCOURAGES EACH TO LIVE HOLISTICALLY IN A VIBRANT AND WELCOMING COMMUNITY. 0 0 23980158 25814591 PAUL'S RUN IS A NONPROFIT 501(C)(3) SENIOR LIVING COMMUNITY LOCATED IN PHILADELPHIA, PENNSYLVANIA THAT PROVIDES ACCOMMODATIONS AND SERVICES FOR INDEPENDENT LIVING, PERSONAL CARE, SHORT-TERM REHABILITATION, AND LONG-TERM SKILLED NURSING CARE. PAUL'S RUN IS KNOWN THROUGHOUT NORTHEAST PHILADELPHIA FOR THE SERVICES AND LIFESTYLE IT OFFERS - MARKING IT AS ONE OF THE AREA'S LEADING SENIOR COMMUNITIES. 23980158 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 32 0 1 506 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 1 0 0 1 0 1 1 1 0 0 0 1 1 1 1 1 1 1 0 PA X JOHN M BARNUM CFOSENIOR VICE PRESIDENT 2674647700 7002 BUTLER PIKE AMBLER PA 19002 ROBERT KEDDIE CHAIRMAN 0.50 4.00 X X 0 0 0 GWEN WEBSTER VICE CHAIR 0.50 4.00 X X 0 0 0 FRED HOPKE TREASURER 0.50 4.00 X X 0 0 0 JAMES HIMLER SECRETARY 0.50 4.00 X X 0 0 0 BEVERLY BORTZ BOARD MEMBER 0.50 4.50 X 0 0 0 PAUL ENGSTROM BOARD MEMBER 0.50 4.00 X 0 0 0 DAVID STETTLER BOARD MEMBER 0.50 4.00 X 0 0 0 LINDA BRECKENRIDGE BOARD MEMBER 0.50 4.00 X 0 0 0 LUANNE FISHER CEO/PRESIDENT 0.50 41.50 X X 0 532826 55421 JOHN BARNUM SENIOR VP/CFO 0.50 41.50 X 0 299657 37686 JOAN MYERS SENIOR VP/COO 0.50 41.50 X 0 268356 53077 WILLIAM HINES EXECUTIVE DIRECTOR 37.50 X 195270 0 28816 ANNAMMA MATHAI RN SUPERVISOR 37.50 X 125939 0 4209 BINDHU MATHEW CLINICAL SUPERVISOR 37.50 X 114140 0 29206 KAREN CONNELLY DIRECTOR OF NURSING 37.50 X 107719 0 14071 DOLORES REDNER DIRECTOR OF HEALTHCARE 37.50 X 139079 0 28953 ALIAKSEI MINKO ASSISTANT DIRECTOR OF NURSING 37.50 X 107228 0 18131 789375 1100839 269570 8 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 DINING 2204099 GENESIS ELDERCARE REHAB SERVICES PO BOX 821322 PHILADELPHIA PA 19182 REHAB/THERAPY SERVICES 701136 INDUSTRIAL MECHANICAL CONTRACTORS 240 TANNER AVE HATBORO PA 19040 EQUIPMENT SERVICE & REPAIRS 172450 SLIWINSKI FLOOR COVERING SERVICES 421 PIKE ROAD UNIT 4 HUNTINGDON VALLEY PA 19006 FLOORING INSTALLATION 160955 3 OAKES LLC 207 TILFORD ROAD SOMERDALE NJ 08083 CONSTRUCTION 119299 6 4033609 8025 4041634 MEDICAL CARE FACILITY SERVICES 623000 11760799 11760799 RESIDENTIAL FACILITY SERVICES 623000 7242386 7242386 PERSONAL CARE FACILITY SERVICES 623000 6798416 6798416 AMORTIZATION OF DEFERRED ENTRANCE 623000 12990 12990 25814591 510444 510444 33559 0 33559 33559 33559 2250219 2243775 6444 6444 6444 OTHER OPERATING REVENUE 623000 35681 35681 GIFT SHOP STAFFING 623000 31905 31905 MEDICAL OFFICE RENT 623000 20580 20580 88166 30494838 25814591 0 638613 230287 218058 12229 11988499 11351884 636615 78020 69681 8339 1764160 1564809 199351 903086 837000 66086 2747485 2659985 87500 23081 23081 70436 70436 1701610 1240091 461519 215841 215841 589297 589297 954601 954601 2099853 2099853 525845 476880 48965 RESIDENT EXPENSES 952236 952236 COVID GRANT EXPENSE 908866 908866 FOOD 891428 891428 THERAPY SERVICES 748407 748407 1243854 1077067 166787 28636892 23980158 4569234 87500 2725824 16306 316474 191040 2568055 1693117 51975 63394 141938 136891 55228997 39168726 16940016 16060271 21717520 32128947 20657006 22442021 65118808 72731987 3065620 2691352 29071 80081 26467301 25384712 667972 610381 3303583 7626853 5932729 41160400 34699255 X 23920287 37989166 38121 43566 23958408 38032732 65118808 72731987 X 1857946 8091162 4125216 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1236383 1236383 42861242 31060516 11800726 10857319 7852721 3004598 274053 255489 18564 16060271 INTEREST IN NET ASSETS OF LLF 13672496 DUE FROM AFFILIATES 8769525 22442021 OBLIGATION UNDER SWAP AGREEMENTS 4663162 DUE TO AFFILIATES 1269567 5932729 X 42999520 8091162 4413520 12504682 30494838 0 30494838 28925196 288304 288304 28636892 0 28636892 PART IV, LINE 2B: THE SECURITY DEPOSITS ARE FOR RESIDENTS IN PERSONAL CARE AND INDEPENDENT LIVING UNITS. THE DEPOSITS ARE EQUIVALENT TO ONE MONTH'S WORTH OF RENT UPON ADMISSION AND ARE REFUNDABLE UPON PERMANENT TRANSFER TO A SNF, LEAVING THE COMMUNITY, OR DUE TO DEATH. PART X, LINE 2: PAUL'S RUN QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. PAUL'S RUN IS ALSO EXEMPT FROM STATE INCOME TAX AND STATE SALES TAX. PAUL'S RUN FOLLOWS THE PROVISIONS OF THE INCOME TAX ACCOUNTING STANDARDS REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON PAUL'S RUN'S FINANCIAL STATEMENTS. PAUL'S RUN'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SWAP AGREEMENTS 1,640,189. CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION 2,773,331. PART XII, LINE 2D - OTHER ADJUSTMENTS: BAD DEBT EXPENSE 288,304. X X 0 0 0 0 0 0 0 1 0 LUANNE FISHER CEO/PRESIDENT 0 452326 0 80500 0 0 0 26625 0 28796 0 588247 0 0 JOHN BARNUM SENIOR VP/CFO 0 248070 0 51587 0 0 0 26625 0 11061 0 337343 0 0 JOAN MYERS SENIOR VP/COO 0 243086 0 25270 0 0 0 26625 0 26452 0 321433 0 0 WILLIAM HINES EXECUTIVE DIRECTOR 190270 0 5000 0 0 0 23356 0 5460 0 224086 0 0 0 DOLORES REDNER DIRECTOR OF HEALTHCARE 139079 0 0 0 0 0 17594 0 11359 0 168032 0 0 0 PART I, LINE 7 BONUSES WERE PAID TO KEY MARKETING EMPLOYEES BASED ON THE NUMBER OF RESIDENTS MOVED INTO CCRCS AND ON REACHING OCCUPANCY TARGETS FOR EACH LEVEL OF CARE. DISCRETIONARY BONUSES WERE ALSO PAID. SCHEDULE J, PART II, COMPENSATION POLICY OF RELATED ORGANIZATION: ALL TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES ARE EMPLOYEES OF ITS PARENT ORGANIZATION. THE FOLLOWING POLICIES ARE APPLIED TO THE PARENT AND ITS AFFILIATES: THE EXECUTIVE COMMITTEE APPROVES THE ANNUAL REVIEW AND COMPENSATION OF THE CEO. THE CFO AND COO ARE REVIEWED ANNUALLY BY THE CEO, WHILE THE EXECUTIVE DIRECTORS ARE REVIEWED ANNUALLY BY THE COO, ALL WITH COMPARABLE SALARY SURVEYS. THE CEO REPORTS THE ANNUAL EXECUTIVE REVIEWS TO THE EXECUTIVE COMMITTEE. A PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT 232237287 2014-08-28 62425000 REFINANCE EXISTING BONDS, PAY FOR RENOVATIONS, COST OF BONDS 0 0 0 A 12653609 62425000 38212956 535509 23676535 2016 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 1 0 1 1 MORGAN STANLEY CAPITAL SERVICES 18.750000000000 0 0 0 0 1 A 1 SCHEDULE K, PART I THE SERIES 2014 BONDS WERE DIRECTLY PURCHASED BY A BANK AND A LOAN WAS PROVIDED TO THE TWO MEMBERS OF THE OBLIGATED GROUP, THAT IS ARTMAN AND PAUL'S RUN, JOINTLY AND SEVERALLY. ALL AMOUNTS ON SCHEDULE K ARE A REFLECTION OF THE JOINT AND SEVERALLY LIABILITY PROCEEDS, ETC. OF THE OBLIGATED GROUP AS A WHOLE. FORM 990, PART VI, SECTION A, LINE 3 PAUL'S RUN DESIGNATES ITS ADMINISTRATIVE/MANAGEMENT AND FUNDRAISING FUNCTIONS TO ITS PARENT AND AFFILIATED ORGANIZATIONS (BOTH ARE NOT-FOR-PROFIT CORPORATIONS) UNDER THE AFFILIATE AGREEMENT DATED JANUARY 1, 2001. IN ANNOUNCEMENT, 2001-33, THE TOTAL FEES INCURRED FOR THESE SERVICES DURING THE REPORTING YEAR WERE AS FOLLOWS: $2,659,985 TO ITS PARENT ORGANIZATION AND REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A, COLUMN C AND $87,500 TO ITS AFFILIATED ORGANIZATION AND REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A, COLUMN D. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE MEMBER. THE SOLE MEMBER SHALL BE LIBERTY LUTHERAN SERVICES. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECTED TO THE APPROVAL OF THE MEMBER ARE REQUIRED FOR ANY OF THE FOLLOWING ACTIONS: ANY MERGER, DISSOLUTION, OR LIQUIDATION OF THE CORPORATION; ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS; THE SALE, PLEDGE, LEASE OR OTHER TRANSFER OF ASSETS OF THE CORPORATION; APPROVAL OF THE CORPORATION'S ANNUAL CAPITAL AND OPERATING BUDGETS; ISSUANCE OF DEBT GREATER THAN FIFTY THOUSAND ($50,000) BY THE CORPORATION; THE EXECUTION OF ANY CONTRACT; AND ANY MATERIAL CHANGE TO THE BUSINESS OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B NO REVIEW WILL BE CONDUCTED BY THE GOVERNING BOARD IN ADVANCE OF FILING THE FORM 990. ALL FORM 990'S ARE MADE AVAILABLE TO THE BOARD AFTER FILING. HOWEVER, THE FINAL FORM 990 IS REVIEWED IN DETAIL FOR ACCURACY AND SIGNED BY THE CHIEF FINANCIAL OFFICER OF LIBERTY LUTHERAN SERVICES (PARENT ORGANIZATION). FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD AND SENIOR LEVEL STAFF. THEY ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE. THE CORPORATE COMPLIANCE OFFICER REVIEWS ALL POTENTIAL STAFF CONFLICTS. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL BOARD CONFLICTS. WHEN A CONFLICT OF INTEREST ARISES, THE BOARD SHALL PERMIT THE INTERESTED PERSON TO MAKE A PRESENTATION AT THE BOARD MEETING AND AFTER THE PRESENTATION, THE INTERESTED PERSON LEAVES AND THE BOARD VOTES ON AN ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. IF APPROPRIATE, A NON-INTERESTED PERSON OR COMMITTEE INVESTIGATES ALTERNATIVES TO THE PROPOSED ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD WILL DETERMINE IF A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD WILL DETERMINE BY MAJORITY VOTE THE ARRANGEMENT IN THE CORPORATION'S BEST INTEREST AND FOR ITS BENEFIT, AND/OR IF IT IS REASONABLE AND FAIR TO THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE APPROVES THE ANNUAL REVIEW AND COMPENSATION OF THE CEO. THE CFO, COO EXECUTIVE DIRECTORS, AND OTHER KEY EMPLOYEES ARE REVIEWED ANNUALLY BY THE CEO, WITH COMPARABLE SALARY SURVEYS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SWAP AGREEMENTS 1,640,189. CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION 2,773,331. BAD DEBTS -288,304. LIBERTY LUTHERAN SERVICES 7002 BUTLER PIKE AMBLER PA 19002 233059658 TO PROVIDE TAX EXEMPT SUBSIDIARIES WITH MANAGEMENT & ADMINISTRATIVE SERVICES PA 501(C)(3) LINE 1 N/A 0 LIBERTY LUTHERAN FOUNDATION 7002 BUTLER PIKE AMBLER PA 19002 232665839 TO IMPLEMENT AND ADMINISTER FUNDRAISING ACTIVITY FOR AFFILIATES PA 501(C)(3) LINE 12A, I LIBERTY LUTHERAN SERVICES 1 LUTHERAN CHILDREN & FAMILY SERVICES OF EASTERN PENNSYLVANIA 7002 BUTLER PIKE AMBLER PA 19002 231696007 TO PROVIDE SERVICES TO SENIORS THROUGH PROGRAMS PA 501(C)(3) LINE 7 LIBERTY LUTHERAN SERVICES 1 MARY J DREXEL HOME 238 BELMONT AVENUE BALA CYNWYD PA 19004 230536370 ASST. LIVING, TO PROVIDE HOUSING, ASST. LIVING & OTHER RELATED SERVICES PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 ARTMAN LUTHERAN HOME 250 N BETHLEHEM PIKE AMBLER PA 19002 231401548 CCRC, PROVIDING NURSING & OTHER RELATED SERVICES TO SENIORS PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 LUTHERAN CONGREGATIONAL SERVICES 7002 BUTLER PIKE AMBLER PA 19002 231894019 TO PROVIDE DISASTER RESPONSE AND COMMUNITY OUTREACH PA 501(C)(3) LINE 7 LIBERTY LUTHERAN SERVICES 1 LIBERTY LUTHERAN HOUSING DEVELOPMENT CORPORATION 260 LIONS HILL ROAD STATE COLLEGE PA 16803 223876595 CCRC, PROVIDING NURSING & OTHER RELATED SERVICES TO SENIORS PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 LIBERTY VILLAGE 7002 BUTLER PIKE AMBLER PA 19002 472776767 CCRC, PROVIDING NURSING & OTHER RELATED SERVICES TO SENIORS PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 LIBERTY COMMUNITY SERVICES 7002 BUTLER PIKE AMBLER PA 19002 203630505 TO PROVIDE VARIOUS SERVICES TO SENIORS IN THEIR HOMES PA 501(C)(3) LINE 1 LIBERTY LUTHERAN SERVICES 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1