2020-11-04T07:21:13-06:00 2019-12-31 390859910 BAKER TILLY US LLP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2019-01-01 223701092 SJF CCRC INC SJFC 8566792211 1110 LAUREL OAK ROAD VOORHEES NJ 08043 DAVID THOMPSON CHIEF FINANCIAL OFFICER 8566792211 2020-11-02 1 KERRI N BOGDA CPA P00760402 7177404863 98.21.197.249 2020-11-02 10:50:52 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 D55C9BF7EA9CC92FF5CD8A3B56631CEAE08BA54E 2019 2021-01-29 14:40:06Z LIONS GATE SUSAN LOVE 1110 LAUREL OAK ROAD VOORHEES NJ 08043 31725284 0 X WWW.LIONSGATECCRC.ORG X 1999 NJ CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES. 22 22 258 40 0 0 691928 779050 27451494 28166145 465674 444396 277761 337111 28886857 29726702 0 0 0 0 10233301 10402036 0 0 30631 19531733 20191505 29765034 30593541 -878177 -866839 101365849 101732354 106607330 106537705 -5241481 -4805351 X SJF-CCRC, INC., A NON-PROFIT AGENCY, IS COMMITTED TO PROVIDING THE BENEFITS OF QUALITY HOUSING AND COMPASSIONATE HEALTHCARE SERVICES TO SENIOR RESIDENTS AND THEIR FAMILIES. CONTINUED ON SCHEDULE "O".OUR COMMUNITY BASED HOUSING CREATES A DIGNIFIED AND RESPECTFUL ENVIRONMENT CONSISTENT WITH JEWISH VALUES. THROUGH COLLABORATIVE PARTNERSHIPS, WE HONOR OUR SENIORS AND STRIVE TO OFFER THEM EXCELLENT PROGRAMS TO ENHANCE THEIR SOCIAL, CULTURAL AND SPIRITUAL WELL-BEING. 0 0 25664388 0 28166145 SJF-CCRC, INC. IS A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING INDEPENDENT AND ASSISTED LIVING AS WELL AS SKILLED NURSING AND REHABILITATION FACILITIES TO THE ELDERLY POPULATION. AS A FULL-SERVICE CONTINUING CARE RETIREMENT COMMUNITY, SENIOR LIVING OPTIONS RANGE FROM INDEPENDENT LIVING TO A FULL CONTINUUM OF ON-SITE CARE - ASSISTED LIVING, SKILLED NURSING AND LONG-TERM CARE, SHORT-TERM AND OUTPATIENT REHABILITATION, MEMORY CARE AND HOME CARE. OUR RESIDENTS ENJOY AN INDEPENDENT, ENGAGING AND WORRY-FREE LIFESTYLE. THERE ARE 164 INDEPENDENT LIVING UNITS, 70 ASSISTED LIVING UNITS, 78 SKILLED NURSING BEDS AND 32 REHABILITATION BEDS. THE COMMUNITY IS LOCATED IN VOORHEES, NJ. 25664388 1 1 0 1 0 0 0 0 0 1 1 0 0 1 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 1 0 0 0 1 160 0 258 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 22 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X DAVID THOMPSON CFO 8566792211 1110 LAUREL OAK ROAD VOORHEES NJ 08043 SUSAN LOVE CHIEF EXECUTIVE OFFICER 39.00 1.00 X 269290 0 7119 DAVID THOMPSON CHIEF FINANCIAL OFFICER 39.00 1.00 X 200554 0 4011 KAREN L CORNEAL NURSIN HOME ADMINISTRATOR 40.00 X 135984 0 4419 PATRICIA WILSON RN UNIT MANAGER 40.00 X 113462 0 3179 KYLE J SMITH CONTROLLER 40.00 X 113331 0 2310 COLMCILLE A BRIGHT RN LIASON 40.00 X 111310 0 2561 CRISTINA PALELLA DIRECTOR OF RESIDENTIAL LIFE 40.00 X 103865 0 2591 ALISON PLATT-TARNOPOL PRESIDENT 0.50 0.50 X X 0 0 0 MICHAEL FRANKEL VICE PRESIDENT 0.50 0.50 X X 0 0 0 MARK R ROSEN ESQ VICE PRESIDENT 0.50 0.50 X X 0 0 0 BRIAN ZELL MD TREASURER 0.50 0.50 X X 0 0 0 RACHAEL BREKKE ESQ SECRETARY 0.50 0.50 X X 0 0 0 DAVID GUTIN ESQ IMMEDIATE PAST PRESIDENT 0.50 0.50 X X 0 0 0 ANDREA ANDI LEVIN TRUSTEE 0.50 0.50 X 0 0 0 MARK ADLER TRUSTEE 0.50 0.50 X 0 0 0 CARL H BAGELL CPA TRUSTEE 0.50 0.50 X 0 0 0 MICHAEL GREENSPUN TRUSTEE 0.50 0.50 X 0 0 0 NEAL A CUPERSMITH CPA TRUSTEE 0.50 0.50 X 0 0 0 NANCY EPSTEIN TRUSTEE 0.50 0.50 X 0 0 0 PHILLIP GODOROV ESQ TRUSTEE 0.50 0.50 X 0 0 0 MITCHELL KOTLER TRUSTEE 0.50 0.50 X 0 0 0 JD ABRAMS TRUSTEE 0.50 0.50 X 0 0 0 ERIC CLAYMAN ESQ TRUSTEE 0.50 0.50 X 0 0 0 SUSAN HERRON TRUSTEE 0.50 0.50 X 0 0 0 IAN D MEKLINSKY ESQ TRUSTEE 0.50 0.50 X 0 0 0 ARTHUR MILGRIM TRUSTEE 0.50 0.50 X 0 0 0 NAOMI SCHIMMER TRUSTEE 0.50 0.50 X 0 0 0 GLENN SLOVES TRUSTEE 0.50 0.50 X 0 0 0 LEORA WAICHE TRUSTEE 0.50 0.50 X 0 0 0 AIMEE LEVIN HONORARY TRUSTEE (NON-VOTING) 0.50 0.50 X X 0 0 0 PEGGY DAVID TRUSTEE (UNTIL 06/2019) 0.50 0.50 X 0 0 0 1047796 0 26190 8 0 1 0 SODEXO INC & AFFILIATES PO BOX 360170 PITTSBURGH PA 15251 FOOD SERVICES 5751790 ALLIANCE REHAB 28100 TORCH PARKWAY WARRENVILLE IL 60555 PHYSICAL REHABILITATION 1555287 NURSE STAFFERS INC 146 LAKEVIEW DRIVE SUITE 200 GIBBSBORO NJ 08026 TEMP. NURSE STAFFING 477032 OAKLEY COMMERCIAL FLOORING CONTRACTORS 12 DAVIS AVENUE MALVERN PA 19355 REMODELING / RENOVATIONS 302859 SPECTRUM CONSULTANTS 1552 A UNION ROAD GASTONIA NC 28054 INDEPENDENT LIVING SALES CONSULTING 292517 9 72014 707036 779050 NET RESIDENT SERVICE REVENUE 623000 28166145 28166145 28166145 477666 477666 65243 42083 23160 23160 23160 1872460 1905730 -33270 -33270 -33270 36612 72014 50769 -14157 -14157 MANAGEMENT FEES 900099 165000 165000 MEALS REVENUE 900099 64048 64048 TELEPHONE/CABLE REVENUE 517000 36141 36141 62919 62919 328108 29726702 28166145 0 781507 X 444053 444053 7925164 6520688 1395435 9041 147379 125513 21866 1236376 1007623 228753 649064 515740 132797 527 24927 24927 61507 61507 569 569 26666 26666 3527645 3219547 308098 182022 181572 450 1084461 316926 767485 50 63499 385 63114 1757343 1757343 8830 2492 6338 11231 8231 3000 2884930 2884930 3191218 3191218 656379 656379 CATERING/FOOD SERVICE 4272645 4272645 MEDICAL SUPPLIES 679948 679948 REPAIRS & MAINTENANCE 628326 628326 BAD DEBTS 229574 229574 899785 532833 346389 20563 30593541 25664388 4898522 30631 2427459 2998716 295202 308559 329733 178644 1961211 1541636 373862 642945 105757757 36231762 71494374 69525995 11011271 11766557 13472737 14769302 101365849 101732354 4700089 4539019 3677623 5351199 56184905 55155367 42044713 41492120 106607330 106537705 X -7393875 -7436468 2152394 2631117 -5241481 -4805351 101365849 101732354 X -866839 788948 514021 X 0 1 X 1 0 X 480226 566443 412941 691928 779050 2930588 25260199 25442566 26735550 27451494 28166145 133055954 25740425 26009009 27148491 28143422 28945195 135986542 0 0 0 135986542 313909 338246 295233 546914 542909 2037211 313909 338246 295233 546914 542909 2037211 218645 120202 303648 290529 328108 1261132 26272979 26467457 27747372 28980865 29816212 139284885 0.97630 0.99060 0.01460 0.01430 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: BEAUTY BARBER REVENUE - 2015 AMOUNT: $ 91,009. 2019 AMOUNT: $ 12,930. GUEST ROOM REVENUE - 2015 AMOUNT: $ 14,620. INSURANCE REIMBURSEMENT - 2016 AMOUNT: $ 14,807. 2017 AMOUNT: $ 68,762. MAINTENANCE REVENUE - 2015 AMOUNT: $ 4,457. MANAGEMENT FEES - 2017 AMOUNT: $ 165,000. 2018 AMOUNT: $ 165,000. 2019 AMOUNT: $ 165,000. MEALS REVENUE - 2015 AMOUNT: $ -25,964. 2016 AMOUNT: $ 5,167. 2017 AMOUNT: $ 15,637. 2018 AMOUNT: $ 76,778. 2019 AMOUNT: $ 64,048. MISCELLANEOUS REVENUE - 2015 AMOUNT: $ 54,869. 2016 AMOUNT: $ 56,729. 2017 AMOUNT: $ 10,866. 2018 AMOUNT: $ 6,710. 2019 AMOUNT: $ 32,173. REIMBURSEMENTS/DISCOUNTS - 2015 AMOUNT: $ 23,810. TELEPHONE/CABLE TV REVENUE - 2015 AMOUNT: $ 50,763. 2016 AMOUNT: $ 43,499. 2017 AMOUNT: $ 43,383. 2018 AMOUNT: $ 42,041. 2019 AMOUNT: $ 36,141. TRANSPORTATION REVENUE - 2015 AMOUNT: $ 5,081. ANCILLARIES - 2019 AMOUNT: $ 17,816. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 549 549 0 PART II-B, LINE 1: SJF-CCRC, INC. PAID MEMBERSHIP DUES TO LEADING AGE AND LIFESPAN OF NJ. A PORTION OF THE DUES PAID IS ALLOCABLE TO LOBBYING EXPENSES. THE AMOUNT OF DUES PAID IN 2019 ALLOCABLE TO LOBBYING WERE $549. 5902160 251124 638239 327766 47576 6416181 6398486 96371 -265748 277240 49709 5902160 6010662 48625 665567 265535 60833 6398486 6274604 25491 361963 588582 62814 6010662 8233661 25726 115878 2018000 82661 6274604 0.70000 0.06000 0.24000 1 0 6360288 6360288 84325880 28153443 56172437 7405145 5833737 1571408 7666444 2244582 5421862 69525995 INTEREST IN NET ASSETS OF JEWISH COMMUNITY FOUNDATION 6416181 FUNDS HELD BY TRUSTEE 7397063 DUE FROM RELATED PARTY 261301 REFUNDABLE DEPOSITS 598681 LEASED ASSETS UNDER RIGHT TO USE 96076 14769302 SECURITY DEPOSIT PAYABLE 358196 REFUNDABLE FEES AND DEPOSITS 37076690 DUE TO JCF 3700000 CAPITAL LEASE OBLIGATIONS 357234 41492120 X 31122523 788948 514021 1302969 29819554 -92852 -92852 29726702 30686393 92852 92852 30593541 0 30593541 PART V, LINE 4: FUNDS WILL BE UTILITIZED FOR SUPPORTING THE MISSION OF THE ORGANIZATION UNDER THE GUIDANCE OF THE BOARD OF TRUSTEES. PART X, LINE 2: LIONS GATE ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THAT THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2019 OR 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: INCREASE IN INTEREST IN NET ASSETS OF JEWISH COMMUNITY FOUNDATION 514,021. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -42,083. FUNDRAISING EXPENSES -50,769. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 50,769. RENTAL EXPENSES 42,083. TACOS & TEQUILA 108626 72014 36612 1755 36612 5011 7391 108626 72014 36612 1755 36612 5011 7391 50769 -14157 X X X X 0 0 0 0 0 0 0 0 0 SUSAN LOVE CHIEF EXECUTIVE OFFICER 249683 0 10000 0 9607 0 6934 0 185 0 276409 0 0 0 DAVID THOMPSON CHIEF FINANCIAL OFFICER 183240 0 5000 0 12314 0 0 0 4011 0 204565 0 0 0 A NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 64577BAR5 2014-07-02 60910712 SEE PART VI 0 0 0 A 4665000 60910712 1218214 4114778 55577720 2016 1 0 1 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/31/2019 SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (F) DESCRIPTION OF PURPOSE: NEW CONSTRUCTION AND RETIREMENT OF OLD BONDS FORM 990, PART VI, SECTION A, LINE 1 THE PRESIDENT SHALL PRESIDE AT ALL MEETINGS OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS, THE IMMEDIATE PAST PRESIDENT, AND SUCH ADDITIONAL MEMBERS OF THE BOARD OF TRUSTEES AS ARE APPOINTED BY THE PRESIDENT WITH CONSENT OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL ACT FOR THE BOARD OF TRUSTEES BETWEEN REGULAR BOARD MEETINGS ON MATTERS, WHICH IN THE JUDGMENT OF THE EXECUTIVE COMMITTEE CONSTITUTE EMERGENCIES, WHICH CANNOT BE ACTED UPON IN TIME AT A REGULAR OR SPECIAL MEETING OF THE BOARD. THE EXECUTIVE COMMITTEE SHALL PRESENT PROPOSALS TO THE BOARD OF TRUSTEES FOR ITS ACTION WITH RESPECT TO THE PROGRAMS, DIRECTION, OR MANAGEMENT OF THE FACILITIES GOVERNED BY THE CORPORATION. MINUTES OF ALL MEETINGS OF THE EXECUTIVE COMMITTEE SHALL BE MAINTAINED AND A REPORT OF BUSINESS CONDUCTED SHALL BE PRESENTED AT THE NEXT IMMEDIATE MEETING OF THE BOARD OF TRUSTEES. NO ACTION OF THE EXECUTIVE COMMITTEE SHALL BE TAKEN ON ANY MATTERS THAT WOULD OTHERWISE REQUIRE ACTION BY THE BOARD OF TRUSTEES UNLESS IT IS SUBSEQUENTLY RATIFIED BY THE BOARD. THE EXECUTIVE COMMITTEE SHALL MEET AT LEAST QUARTERLY. FORM 990, PART VI, SECTION A, LINE 7A AN AFFILIATED COMPANY, JEWISH FEDERATION OF SOUTHERN NEW JERSEY, HAS THE RIGHT TO APPOINT TWO MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B AN AFFILIATED COMPANY, JEWISH FEDERATION OF SOUTHERN NEW JERSEY, HAS THE RIGHT TO VOTE ON TWO MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE CFO WILL REVIEW THE 990 IN DETAIL. A COPY OF THE 990 WILL BE PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW PRIOR TO FILING. A COPY WILL ALSO BE MADE AVAILABLE FOR THE FULL BOARD BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST POLICY AND DISCLOSURE STATEMENT IS FURNISHED ANNUALLY TO EACH KEY INDIVIDUAL (WHICH INCLUDES ALL BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES) FOLLOWING THE ANNUAL MEETING. ANY NEW KEY INDIVIDUAL IS PROVIDED WITH A COPY OF THIS POLICY UPON COMMENCEMENT OF THEIR POSITION. KEY INDIVIDUALS ARE REQUIRED TO GIVE FULL DISCLOSURE, IN WRITING, OF ANY RELATIONSHIP OR INTEREST THAT MAY GIVE RISE TO A CONFLICT TO THE PRESIDENT OF THE BOARD AND TO THE CHAIRMAN OF ANY COMMITTEE ACTING ON THE CONTRACT OR TRANSACTION. STAFF MEMBERS SHALL DISCLOSE, IN WRITING, ANY POSSIBLE CONFLICT OF INTEREST FOR THEMSELVES OR THEIR FAMILY MEMBERS TO THE CHIEF FINANCIAL OFFICER. THE POLICY IS REVIEWED AND DISTRIBUTED TO THE BOARD ANNUALLY. IF THERE IS A SPECIFIC CONFLICT, BOARD MEMBERS RECUSE THEMSELVES FROM PARTICIPATING IN RELATED DISCUSSIONS OR VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE CEO GOES THROUGH A COMMITTEE PROCESS FOR COMPENSATION REVIEW. COMPARATIVE INFORMATION IS PROVIDED TO ENABLE THE BOARD COMMITTEE TO MAKE AN ACCURATE SUGGESTION TO THE BOARD. OTHER EMPLOYEES ARE COMPENSATED BASED UPON AN INTERNAL REVIEW PROCESS. FAIR MARKET VALUE OF COMPENSATION WAS INITIALLY DETERMINED USING INDUSTRY SOURCES SUCH AS LEADING AGE AND ASSOCIATION OF JEWISH AGING SERVICES (AJAS). THE COMPENSATION PROCESS IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G NURSING FEES: PROGRAM SERVICE EXPENSES 586,652. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 586,652. THERAPY SERVICES: PROGRAM SERVICE EXPENSES 1,417,051. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,417,051. CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 1,100,539. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,100,539. MEDICAL STAFF FEES: PROGRAM SERVICE EXPENSES 60,834. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 60,834. CONSULTING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 287,235. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 287,235. TEMPORARY HELP: PROGRAM SERVICE EXPENSES 54,471. MANAGEMENT AND GENERAL EXPENSES 20,863. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 75,334. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST IN NET ASSETS OF JEWISH COMMUNITY FOUNDATION 514,021. JEWISH FEDERATION HOUSING MANAGEMENT CO 3051 W CHAPEL AVE CHERRY HILL NJ 08002 222208648 FOOD & HOUSEKEEPING SERVICES; AFFORDABLE HOUSING SERVICES FOR SENIORS NJ 501(C)(3) LINE 10 N/A 0 JEWISH FEDERATION HOUSING INC 3051 W CHAPEL AVE CHERRY HILL NJ 08002 222137968 AFFORDABLE HOUSING FOR SENIOR CITIZENS NJ 501(C)(3) LINE 10 N/A 0 JEWISH FEDERATION OF SOUTHERN NEW JERSEY 1301 SPRINGDALE RD CHERRY HILL NJ 08002 210634489 SOCIAL SERVICES & OTHER COMMUNITY SERVICES NJ 501(C)(3) LINE 7 N/A 0 JEWISH FEDERATION SENIOR HOUSING INC 3051 W CHAPEL AVE CHERRY HILL NJ 08002 311654257 AFFORDABLE HOUSING FOR SENIOR CITIZENS NJ 501(C)(3) LINE 10 N/A 0 BERNARD DUBIN HOUSE LIMITED PARTNERSHIP 3051 WEST CHAPEL AVE CHERRY HILL NJ 08002 208334276 REAL ESTATE NJ N/A 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0