2021-11-02T13:52:10-05:00 2020-12-31 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2020-01-01 043152499 SPRINGHOUSE INC C/O ROGERSON COMMUNITIES SPRI 6174695800 ONE FLORENCE STREET BOSTON MA 02131 ANDREA TULL PRESIDENT 6174695800 2021-11-01 1 ANDREA TULL 999009999 PHILIP H CORNBLATT P00252478 4107834900 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANDREA TULL ONE FLORENCE STREET BOSTON MA 02131 13614115 0 X WWW.SPRINGHOUSEINFO.ORG X 1992 MA TO OPERATE A RETIREMENT COMMUNITY CONSISTING OF 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING UNITS, AND 22 DEMENTIA ASSISTED LIVING UNITS. 9 9 0 16 0 0 0 156625 8480323 8073955 281462 -215058 0 0 8761785 8015522 0 0 0 0 3372324 3647817 0 0 0 3645166 3926380 7017490 7574197 1744295 441325 34591045 35511858 24645598 24102950 9945447 11408908 TO OPERATE A RETIREMENT COMMUNITY CONSISTING OF 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING, UNITS AND 22 DEMENTIA ASSISTED LIVING UNITS. 0 0 7401508 8126319 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. 7401508 1 1 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 29 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 MA X X NATALYA LESHCHINER 6173632300 ONE FLORENCE STREET BOSTON MA 02131 X ANDREA TULL PRESIDENT 2.00 X X 0 0 0 CHARLES HILL TREASURER 2.00 X X 0 0 0 GEORGIA BUCK DIRECTOR 2.00 X 0 0 0 JULIE TABERMAN CLERK 2.00 X X 0 0 0 KENNETH BROOKS DIRECTOR 2.00 X 0 0 0 MINDY SPITZ DIRECTOR 2.00 X 0 0 0 SUSAN KURIAKOSE DIRECTOR 2.00 X 0 0 0 THELMA HILTON PIERCE DIRECTOR 2.00 X 0 0 0 YAN LIN DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DRIVE SUITE 300 BENSALEM PA 19020 HEALTHCARE 1316133 ROGERSON COMMUNITIES INC ONE FLORENCE STREET ROSLINDATE MA 02131 MANAGEMENT 349902 MULKERN MECHANICAL 79 WEST ST MANSFIELD MA 02048 MAINTENANCE 312606 3 156625 156625 RENTAL INCOME 623311 7436086 7436086 RESIDENT SERVICES 623311 414075 414075 AMORTIZATION OF NON-REFUNDABLE EN 623311 174794 174794 COMMUNITY FEES 623311 49000 49000 8073955 348977 348977 5034558 5598593 -564035 -564035 -564035 8015522 8073955 0 -215058 3196040 3123170 72870 264792 258755 6037 186985 182722 4263 362871 354599 8272 2471 2415 56 23520 23520 19611 19611 48347 48347 231255 223418 7837 337353 329662 7691 3701 3701 397868 388797 9071 965797 943777 22020 113730 111137 2593 RENTAL EXPENSES 657461 642471 14990 REPAIR AND MAINTENANCE 494037 482774 11263 REAL ESTATE TAXES 147705 144337 3368 SECURITY EXPENSES 103397 101039 2358 17256 17256 7574197 7401508 172689 0 1979341 3589578 2033015 2040327 57884 61350 21432 20740 25699019 14485120 11261501 11213899 14985930 14865897 60335 49701 4191607 3670366 34591045 35511858 119098 25132 661910 583091 10150165 9331546 13714425 14163181 24645598 24102950 X 9945447 11252283 156625 9945447 11408908 34591045 35511858 441325 1022136 0 X X 0 1 X 1 0 X 156625 156625 7496667 7989369 8222069 8480323 8126319 40314747 7496667 7989369 8222069 8480323 8282944 40471372 0 0 0 40471372 308815 364384 335802 438969 348977 1796947 308815 364384 335802 438969 348977 1796947 7805482 8353753 8557871 8919292 8631921 42268319 0.95750 0.95800 0.04250 0.04200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1636240 1636240 21101733 11896371 9205362 128118 128118 0 1080711 822952 257759 1752217 1637679 114538 11213899 RESIDENT DEPOSITS 3670366 3670366 ACCRUED EXPENSES 503820 ACCRUED INTEREST PAYABLE 8934 REFUND. RESIDENT ENTRANCE FEES 12461849 RESIDENT DEPOSITS 60593 INTEREST SWAP 642085 PPP NOTE PAYABLE 485900 14163181 X 9037658 1022136 1022136 8015522 0 8015522 7574197 0 7574197 0 7574197 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 2017 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 MOUNT PLEASANT HOME, A MASSACHUSETTS NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MOUNT PLEASANT HOME 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 SUBMITTED TO THE TREASURER FOR REVIEW BEFORE ISSUANCE. THE 990 IS ALSO PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. 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 B, LINE 15B THE MANAGEMENT COMPANY ADVISES THE BOARD OF DIRECTORS CONCERNING PROPOSED COMPENSATION AND COMPARABILITY DATA WITH OTHER SIMILAR TOP MANAGEMENT POSITIONS IN THE MANAGEMENT COMPANY'S PORTFOLIO. THE BOARD DOCUMENTS THE DECISION CONTEMPORANEOUSLY. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. ALL INFORMATION IS AVAILABLE UPON REQUEST AT THE ORGANIZATION. FORM 990 PART XII, LINE 2C RESPONSIBILITY FOR SELECTION OF AN INDEPENDENT ACCOUNTANT AND OVERSIGHT OF THE ANNUAL AUDIT IS RESERVED BY THE BOARD OF TRUSTEES. PLEASANT SPRING COMMUNITIES ONE FLORENCE STREET BOSTON MA 02131 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 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 PLEASANT SPRING COMMUNITIES INC M 84803 COST