2021-04-29T06:51:54-05:00 2020-12-31 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL STREET 4TH FLOOR CONCORD NH 03301 990 2020-01-01 020222243 WENTWORTH SENIOR LIVING WENT 6034360169 346 PLEASANT STREET PORTSMOUTH NH 038014536 LARRY CUTLIFFE PRESIDENT & CEO 6034360169 2021-04-22 1 LARRY CUTLIFFE 999009999 ORESTE J MOSCA CPA P00366101 6032245357 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z LARRY CUTLIFFE 346 PLEASANT ST PORTSMOUTH NH 03801 7633228 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. 8 7 98 15 0 0 38883 692687 6577336 5777691 804502 181983 88271 79501 7508992 6731862 0 0 0 0 4064175 4480432 0 0 0 2968187 2979409 7032362 7459841 476630 -727979 16381596 16158999 5460362 5046575 10921234 11112424 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 5433196 5781237 DURING THE YEAR, WSL PROVIDED CARING SUPPORT AND PERSONALIZED HEALTHCARE SERVICE TO SEACOAST SENIORS, PROVIDING 18,643 CENSUS DAYS DURING 2020. 5433196 1 1 0 0 0 0 0 0 0 1 1 0 0 0 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 29 0 1 98 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X PETER WARECKI 6034360169 346 PLEASANT STREET PORTSMOUTH NH 038014536 KELLY BOSTON CHAIRPERSON 1.00 1.00 X X 0 0 0 TRISTAN SHANLEY TREASURER 1.00 1.00 X X 0 0 0 KAREN FREDA SECRETARY 1.00 1.00 X X 0 0 0 ALAN M ROBINSON VICE-CHAIR 1.00 X X 0 0 0 LARRY CUTLIFFE PRESIDENT & CEO - INCOMING 40.00 1.00 X X 186311 0 0 JOHN HEBERT TRUSTEE 1.00 X 0 0 0 DENIS DILLON TRUSTEE 1.00 X 0 0 0 WILLIAM HENSON PRESIDENT & CEO - OUTGOING 40.00 X X 435804 0 3166 DAVID SPLAINE TRUSTEE 1.00 X 0 0 0 KRISTEN COLLINS VP OF HUMAN RESOURCES 40.00 X 110609 0 347 732724 0 3513 3 0 1 0 SYSTEMS ENGINEERING 1750 ELM ST SUITE 803 MANCHESTER NH 03101 IT SUPPORT 156277 CHASCO INC 15 BANFIELD RD PORTSMOUTH NH 03801 REPAIRS/EQUIPMENT AND MAINTENANCE SERVIC 110482 2 658700 33987 692687 NET RESIDENT SERV. REV 900099 5777691 5777691 5777691 161013 161013 69475 25336 44139 44139 44139 897000 876030 20970 20970 20970 31816 0 31816 31816 MEALS SOLD INCOME 900099 2198 2198 SALON INCOME 900099 878 878 ADMIN INCOME 900099 470 470 3546 6731862 5781237 0 257938 625281 625281 3303967 2638600 665367 83556 63233 20323 194718 113802 80916 272910 196695 76215 37786 37786 32500 32500 122073 19200 102873 143228 16676 126552 481011 443463 37548 6911 4216 2695 146368 137220 9148 554922 520240 34682 OUTSOURCED STAFFING 666954 601823 65131 SUPPLIES 625836 558136 67700 REPAIRS AND MAINTENANCE 108805 108805 STAFF EXPENSES 33813 11087 22726 19202 19202 7459841 5433196 2026645 0 6562 1720 1184262 1405108 182141 508 95179 70970 9549526 4621329 5281871 4928197 8464516 8639567 726114 745895 440951 367034 16381596 16158999 478498 429238 578989 333499 4031905 3990773 370970 293065 5460362 5046575 X 2617098 2334409 8304136 8778015 10921234 11112424 16381596 16158999 -727979 919169 0 X X 0 1 X 1 0 X 217594 193488 164967 38883 692687 1307619 6014490 5960628 6215825 6609880 5781237 30582060 18896 39030 18658 12430 31816 120830 6250980 6193146 6399450 6661193 6505740 32010509 0 0 0 32010509 282081 500168 367783 280899 230488 1661419 282081 500168 367783 280899 230488 1661419 6533061 6693314 6767233 6942092 6736228 33671928 0.95070 0.95250 0.04930 0.04750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7706380 967692 510813 8163259 6954413 1263195 511228 7706380 7624788 -166017 504358 6954413 7198464 935562 509238 7624788 7072216 634082 507834 7198464 0.07020 0.92980 0 0 96504 96504 7981711 3664423 4317288 1466284 956906 509378 5027 5027 4928197 REFUNDABLE RESIDENT DEPOSITS 293065 293065 X 7676367 919169 919169 6757198 -25336 -25336 6731862 7485177 25336 25336 7459841 0 7459841 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 2017. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -25,336. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 25,336. 1 X X X X X 0 0 0 0 0 0 0 0 0 WILLIAM HENSON PRESIDENT & CEO - OUTGOING 140804 0 0 0 295000 0 0 0 3166 0 438970 0 0 0 LARRY CUTLIFFE PRESIDENT & CEO - INCOMING 186311 0 0 0 0 0 0 0 0 0 186311 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. 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