2021-09-28T12:17:28-05:00 2020-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2020-01-01 223064323 MARY ANN MORSE HEALTHCARE CORP MARY 5087886050 747 WATER STREET FRAMINGHAM MA 01701 LISA KUBIAK PRESIDENT & CEO 5087886050 2021-09-22 1 LISA KUBIAK XXX-XX-XXXX CHARLES J WEBB CPA P01584539 5083669100 2021-09-22 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z LISA KUBIAK 747 WATER STREET FRAMINGHAM MA 01701 24968834 0 X WWW.MARYANNMORSEHEALTHCARECORP.ORG X 1990 MA MARY ANN MORSE HEALTHCARE CORP. IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED IN 1990 TO PROVIDE HIGH QUALITY, AFFORDABLE SENIOR LIVING, HEALTHCARE, AND HOME CARE SERVICES TO SENIORS AND THEIR FAMILIES IN METRO WEST BOSTON. 13 13 456 13 0 0 49218 3342509 20274283 18900649 555800 -32971 -16430 -12368 20862871 22197819 0 0 0 0 13349829 13373429 0 0 0 7469630 7156552 20819459 20529981 43412 1667838 33344256 36855161 19845536 20652078 13498720 16203083 MARY ANN MORSE HEALTHCARE CORP. IS A NOT-FOR-PROFIT ORGANIZATION ESTABLISHED IN 1990 TO PROVIDE HIGH QUALITY, AFFORDABLE SENIOR LIVING, HEALTHCARE, AND HOME CARE SERVICES TO SENIORS AND THEIR FAMILIES IN METRO WEST BOSTON. 0 0 11661602 12296782 MARY ANN MORSE HEALTHCARE CENTER: A 124-BED FACILITY PROVIDING SKILLED LONG TERM CARE, LONG TERM DEMENTIA CARE, AND SHORT TERM SUB-ACUTE SERVICES. MARY ANN MORSE NURSING & REHAB CENTER IS CERTIFIED BY THE JOINT COMMISSION FOR THE ACCREDITATION OF HEALTHCARE ORGANIZATIONS. MARY ANN MORSE HEALTHCARE CENTER RANKS IN THE TOP 20% OF SKILLED NURSING FACILITIES IN MASSACHUSETTS BY THE DEPARTMENT OF PUBLIC HEALTH AND IS A 5 STAR FACILITY AS MEASURED BY CMS. 5331189 5825491 MARY ANN MORSE AT HERITAGE:INDEPENDENT AND TRADITIONAL ASSISTED LIVING SERVICES TO RESIDENTS IN 58 APARTMENT UNITS, AND PROVIDES MEMORY CARE OR MENTAL HEALTH SERVICES IN A SECURE ENVIRONMENT TO RESIDENTS IN 40 UNITS. A LARGE MULTI-PURPOSE ROOM ALLOWS FOR JOINT ACTIVITIES PROGRAMS ATTENDED BY ALL OF THE COMMUNITY'S RESIDENTS, INCREASING THE QUALITY OF LIFE FOR ALL RESIDENTS. HERITAGE HAS A LARGE BUS AND A SMALL BUS, WHICH PROVIDES TRANSPORTATION FOR RESIDENTS TO OFFSITE ACTIVITIES. 755847 778376 MARY ANN MORSE HOMECARE:MARY ANN MORSE HOMECARE PROVIDES PRIVATE-DUTY SERVICES TO THE SURROUNDING COMMUNITY. HOMECARE PROVIDED APPROXIMATELY 28,300 HOURS IN 2020. 17748638 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 127 0 1 456 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X ROBERT MAGUIRE JR 5087886050 747 WATER STREET FRAMINGHAM MA 01701 LISA KUBIAK PRESIDENT/CEO 40.00 X 189491 0 8482 CAROL KAPOLKA EXECUTIVE DIRECTOR - MARY ANN MORSE 40.00 X 133456 0 7044 ANNYWAY MERCIER R.N. - MAM 40.00 X 128492 0 10505 BETHANY MERCER CAMMARANO EXECUTIVE DIRECTOR - HERITAGE 40.00 X 131232 0 289 ROBERT MAGUIRE JR CONTROLLER 40.00 X 109029 0 8496 KATUSON MUASA C.N.A. - MAM 40.00 X 117477 0 0 TAYULA SHUNGU LPN - MAM 40.00 X 103810 0 9409 KATHLEEN DONALDSON DIRECTOR OF NURSING - MAM 40.00 X 107514 0 2020 JOHN CALCIO BOARD CHAIR 2.00 X X 0 0 0 REBECCA HEFFERNAN BOARD VICE CHAIR 2.00 X X 0 0 0 FRANK JENKINS BOARD TREASURER 2.00 X X 0 0 0 ALLAN MCLEAN BOARD CLERK 2.00 X X 0 0 0 DONALD BLOCH ESQ BOARD MEMBER 2.00 X 0 0 0 MARY BETH COTTER ESQ BOARD MEMBER 2.00 X 0 0 0 BARBARA WALSH BOARD MEMBER 2.00 X 0 0 0 BARRY SIMS BOARD MEMBER 2.00 X 0 0 0 DAVID UPTON BOARD MEMBER 2.00 X 0 0 0 BARNET SHERMAN BOARD MEMBER 2.00 X 0 0 0 MICHAEL GOODMAN MD BOARD MEMBER 2.00 X 0 0 0 MICHAEL GOTTLIEB MD BOARD MEMBER 2.00 X 0 0 0 IKRAM FAROOQUI BOARD MEMBER 2.00 X 0 0 0 1020501 0 46245 8 0 1 0 BOWDITCH & DEWEY LLP 311 MAIN STREET WORCESTER MA 01615 LEGAL SERVICES 124280 MERCIER ELECTRIC CO INC PO BOX 357 AUBURN MA 01501 GENERATOR PROJECT 120000 2 31831 3307286 3392 3342509 NET RESIDENT SERVICE REVENUE 623000 18773910 18773910 OTHER INCOME 623000 126739 126739 18900649 170728 170728 2554948 2758647 -203699 -203699 -203699 0 31831 12368 -12368 -12368 22197819 18900649 0 -45339 587518 587518 10980466 10366317 614149 52177 49683 2494 904194 782367 121827 849074 758260 90814 116979 116979 63006 63006 51281 51281 243195 243195 1325788 1282027 43761 1287825 1244888 42937 SUPPLIES AND OTHER 2135928 1390546 745382 FOOD 664184 664184 USER FEES 611893 611893 PURCHASED SERVICES 598473 598473 58000 58000 20529981 17748638 2781343 0 74453 52334 1693107 4460888 1356690 1146015 220570 387067 39286468 20599815 19238735 18686653 10621027 12122204 139674 33344256 36855161 1841800 2016899 292462 170662 17246750 16510224 464524 430077 0 1524216 19845536 20652078 X 13498720 16203083 13498720 16203083 33344256 36855161 X 1667838 1585429 -548904 X X 0 1 X 1 0 X 0.99080 0.00920 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1430439 1430439 31863848 16116470 15747378 5992181 4483345 1508836 18686653 INTEREST RATE SWAP CONTRACTS IN LOSS POSITION 898049 CONDITIONAL GRANT ADVANCES 626167 1524216 X 23137431 1585429 1585429 21552002 51281 594536 645817 22197819 20433068 0 20433068 51281 45632 96913 20529981 PART IV, LINE 2B: THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS. PART X, LINE 2: THE COMPANY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE COMPANY HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AT DECEMBER 31, 2020. THE COMPANY'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE JURISDICTIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -12,368. SETTLEMENT EXPENSE 58,000. UNREALIZED LOSS ON CARRYING VALUE OF INTEREST RATE SWAP CONTRACT 548,904. PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE -12,368. SETTLEMENT EXPENSE 58,000. GOLF TOURNAMENT 31831 31831 700 6867 3494 100 1207 31831 31831 700 6867 3494 100 1207 12368 -12368 X X X 0 0 0 0 0 0 0 0 0 LISA KUBIAK PRESIDENT/CEO 168991 0 20500 0 0 0 1650 0 6832 0 197973 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2010-11-19 25060000 REFINANCE AND EXPANSION / RENOVATIONS 0 0 0 A 8549776 25060000 408875 4826550 19824575 2011 1 0 1 1 A 0 0 0 0 0 0 1 A 0 1 0 0 1 0 SANTANDER BANK 10.000000000000 0 0 0 0 1 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A CPA FIRM BASED ON INFORMATION PROVIDED BY MANAGEMENT. THE PRESIDENT/CEO AND CONTROLLER REVIEWS THE FORM 990 BEFORE IT IS FILED. THE FORM 990 IS MADE AVAILABLE TO THE FINANCE COMMITTEE FOR COMMENT AT THE FIRST FINANCE COMMITTEE MEETING AFTER THE 990 IS PREPARED. MANAGEMENT WILL REVIEW THE FINAL FORM 990 AFTER COMMENTS WITH THE FINANCE COMMITTEE. THE BOARD OF TRUSTEES WILL BE INFORMED THAT THE FORM 990 HAS BEEN FILED AT THE NEXT BOARD MEETING, AND A COPY OF THE COMPLETE FILED FORM 990 WILL BE PROVIDED TO THE BOARD OF TRUSTEES UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY THAT IS APPLICABLE TO ALL TRUSTEE MEMBERS AND MANAGEMENT LEVEL EMPLOYEES ("PERSONS"). ON AN ANNUAL BASIS, ALL PERSONS RECEIVE THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO SIGN A DISCLOSURE STATEMENT IDENTIFYING ANY CONFLICTS OF INTEREST. PRIOR TO PARTICIPATING IN OR DISCUSSING ANY MATTER CONCERNING THE CORPORATION WHICH MIGHT PRESENT A CONFLICT, ANY PERSON SHALL FIRST DISCLOSE ANY SUCH CONFLICT TO THE GROUP PARTICIPATING IN OR DISCUSSING SAID MATTER, AND THAT DISCUSSION AND DISCLOSURE SHALL BE MADE A PART OF THE RECORDS OF THE CORPORATION. ANY PERSON INVOLVED IN A CONFLICT SHALL NOT DISCUSS, VOTE ON OR USE HIS OR HER PERSONAL INFLUENCE ON SUCH MATTER AT ANY MEETING OF A BOARD OR COMMITTEE OF WHICH SUCH PERSON IS A MEMBER, AND HE OR SHE SHOULD NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING, EVEN WHERE PERMITTED BY LAW. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF TRUSTEES DETERMINES THE COMPENSATION FOR THE TOP MANAGEMENT OFFICIALS, WHICH ARE DOCUMENTED AND RECORDED IN THE CORPORATE MINUTES. THE PROCESS INVOLVES MEETING AND CONSULTING WITH THE ORGANIZATION'S LABOR ATTORNEYS ON A REGULAR AND CONSISTENT BASIS TO GO OVER ANY AND ALL QUESTIONS AND PROCEDURES INVOLVING COMPENSATION OF TOP OFFICIALS, AS WELL AS TO REVIEW AND COMPARE THE ANALYSIS OF INDUSTRY AND MARKET DATA AS IT RELATES TO COMPENSATION FOR TOP OFFICIALS IN THE SAME OR SIMILAR INDUSTRIES. OTHER KEY EMPLOYEE WAGES ARE DETERMINED BY THE PRESIDENT/CEO. BASED ON MARKET STUDIES AND COMPETITIVE WAGES REVIEWS WITHIN THE INDUSTRY TO USE AS A GUIDELINE TO DETERMINE ONE'S BASE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: UNREALIZED LOSS ON CARRYING VALUE OF INTEREST RATE SWAP -548,904. FORM 990, PART XIII, LINE 2C: THE ORGANIZATION DID NOT CHANGE EITHER IT'S OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.