2020-11-11T10:40:03-06:00 2019-12-31 BKD LLP 1155 Avenue of the Americas 1200 New York NY 10036 990 2019-01-01 135562312 Miriam Osborn Memorial Home Association % ROBERT S DAVIS MIRI 9149258278 101 THEALL ROAD RYE NY 10580 ROBERT S DAVIS CFO AND TREASURER 9149258278 2020-07-15 true Aaron Shapiro P01333816 2128674000 167.68.126.162 26511920203165000004 2020-11-11 P 319FC87BD1330F796E4035663441B3D0185919B5 6EF7E506F0EB9D8B772D1A3D38FBD5C32131A5DB 2019 2021-01-29 14:40:06Z ROBERT S DAVIS 101 THEALL ROAD RYE NY 10580 67068020 false X WWW.THEOSBORN.ORG X 1892 NY TO PROVIDE SUPERIOR LIVING COMMUNITIES AND HEALTH CARE SERVICES WHILE ASSURING THE OSBORN'S LONG TERM FINANCIAL SECURITY AND MAINTAINING OUR COMMITMENT TO CHARITY. 16 16 480 95 0 128000 335668 41552173 44772142 3958550 1743209 2313901 563513 47952624 47414532 0 0 0 0 26285996 26922173 0 0 0 24912683 24424494 51198679 51346667 -3246055 -3932135 167455749 165397212 222225105 221428975 -54769356 -56031763 X MIRIAM OSBORN MEMORIAL HOME ASSOCIATION OPERATES TO PROVIDE SUPERIOR LIVING COMMUNITIES AND HEALTH CARE SERVICES WHILE ASSURING THE OSBORN'S LONG TERM FINANCIAL SECURITY AND MAINTAINING OUR COMMITMENT TO CHARITY. false false 42355506 42793171 THE OSBORN OPERATES A RETIREMENT COMMUNITY OFFERING A CONTINUUM OF CARE WHICH INCLUDES INDEPENDENT LIVING RESIDENCES AND SERVICES, ASSISTED LIVING RESIDENCES AND SERVICES, THE H.O.P.E. CENTER FOR MEMORY CARE, AND A SKILLED NURSING FACILITY SERVING OVER 800 SENIOR CITIZENS, THE PAVILION. MEDICAL AND NURSING STAFF ARE SPECIALISTS IN LONG TERM CHRONIC CARE INCLUDING CARE FOR THOSE AFFECTED WITH ALZHEIMER'S DISEASE AND RELATED DEMENTIA, AND SUB-ACUTE CARE INCLUDING SHORT-TERM PHYSICAL REHABILITATION, SUB-ACUTE MEDICAL CARE, HOSPICE CARE, AND RESPITE CARE. CHARITY CARE NOT BILLED OR COLLECTED AT MARKET RATES WAS $2,741,765 IN 2019. THE ESTIMATED COST OF PROVIDING CHARITY CARE WAS $3,114,754 IN 2019. 1978971 Miriam Osborn Memorial Home Associaton performs administrative services for Sterling Home Care and the Osborn Foundation and receives management fees for these services. 42355506 true true false true false false false true true false true true false false true false true true false false true false false false false false false false false true true false false false false false false false false false false false false false false false true false false false true 102 0 480 true false false false false false false false false false false false false X 16 16 false false false false true true true true true false false true true true true true true true true false NY X ROBERT S DAVIS 9149258278 101 THEALL ROAD RYE NY 10580 X MATTHEW ANDERSON PRESIDENT/CEO 24.84 12.66 X 334182 170322 48589 ROBERT S DAVIS CFO AND TREASURER 24.84 12.66 X 258411 131705 55138 CHRISTOPHER FERRERI CHIEF OPERATING OFFICER 37.5 0.0 X 363272 0 49540 ROBERT MACKEY VP FACILITIES AND PROPERTY 37.5 0.0 X 278143 0 37640 ELIZABETH ROSSI VP HUMAN RESOURCES 37.5 0.0 X 222003 0 46449 STEPHANIE LARSEN VP AND GENERAL COUNSEL 37.5 0.0 X 228512 0 39570 CHRISTA PICCIANO-DANIE VP SALES 37.5 0.0 X 195245 0 43862 RICHARD LIPARI EXECUTIVE CHEF 37.5 0.0 X 162059 0 41717 RICHARD SGAGLIO VP MARKETING AND FUNDRAISING 24.84 12.66 X 116622 59439 23208 MICHAEL D FREDDINO CONTROLLER 37.5 0.0 X 166803 0 31998 YVETTE ALLEN PAVILION ADMINISTRATOR 37.5 0.0 X 169367 0 27643 ANDREW HORN DIRECTOR OF DINING 37.5 0.0 X 157343 0 32323 GOPAL PATEL DIR. OF FINANCIAL REPORTING 37.5 0.0 X 153168 0 32616 ANDY GOOLCHARAN VP INFORMATION TECHNOLOGY 37.5 0.0 X 172061 0 9509 NATHAN W PEARSON CHAIR 2.0 4.0 X X 0 0 0 RODERIC L ROLETT VICE CHAIR 2.0 0.0 X X 0 0 0 LINDA MILLER ASSISTANT SECRETARY 2.0 0.0 X X 0 0 0 LUCIEN D BURNETT III TRUSTEE 2.0 2.0 X 0 0 0 C RONALD MACKENZIE M TRUSTEE 2.0 2.0 X 0 0 0 GEORGE G PAWLUSH TRUSTEE 2.0 4.0 X 0 0 0 THOMAS M SAUNDERS TRUSTEE 2.0 2.0 X 0 0 0 BRADLEY G RAZOOK TRUSTEE 2.0 4.0 X 0 0 0 JAMES P STEFFENSEN TRUSTEE 2.0 2.0 X 0 0 0 BROOKS G WRIGHT TRUSTEE 2.0 2.0 X 0 0 0 ALBERT BRUNNER TRUSTEE 2.0 0.0 X 0 0 0 SUSAN MILLER TRUSTEE 2.0 2.0 X 0 0 0 WILLIAM D HOLDEN TRUSTEE 2.0 0.0 X 0 0 0 FREDERICK G SYKES TRUSTEE 2.0 0.0 X 0 0 0 LINDA RAPPAPORT TRUSTEE 2.0 0.0 X 0 0 0 JEFFREY SHERMAN TRUSTEE 2.0 0.0 X 0 0 0 2977191 361466 519802 33 false true false US FOODSERVICE INC PO BOX 641871 PITTSBURGH PA 15264 FOOD SERVICE 931178 J N R RESTORATION 814 ROUTE 82 SUITE C HOPEWELL JUNCTION NY 12533 CONSTRUCTION 652501 L M COMPANY OF NIETO CONTRACTORS 140 HIGHLAND STREET PORT CHESTER NY 10573 CONSTRUCTION 555927 CURTIS SPACAVENTO PO BOX 707 ARMONK NY 10504 LANDSCAPING 539134 US SECURITY ASSOCIATES INC 350 5TH AVENUE NEW YORK NY 10118 SECURITY 451958 27 325668 10000 335668 RESIDENT FEES 623000 42154100 42154100 OTHER RESIDENT INCOME 623000 639071 639071 MANAGEMENT FEE 561000 1978971 1978971 44772142 805197 805197 0 0 110740 110740 0 110740 110740 20591500 19653488 938012 938012 938012 0 0 0 0 0 0 0 0 0 MISCELLANEOUS 900099 452773 452773 452773 47414532 44772142 2306722 0 0 0 0 2479102 2014338 464764 0 18342814 14911604 3431210 2793780 2261979 531801 1709114 1383781 325333 1597363 1293302 304061 0 82768 82768 0 3886 3886 0 343179 343179 550400 550400 424784 424784 3548936 3061254 487682 0 521345 521345 0 3934033 3934033 0 0 0 0 0 9791183 9714812 76371 597032 597032 FOOD 1495832 1495832 CASH RECEIPTS ASSESSMENT 749727 749727 HOUSEKEEPING/KITCHEN SUPPLY 311508 311508 MEDICAL FEES AND SUPPLIES 2069881 1973063 96818 51346667 42355506 8991161 0 974008 1552640 6831462 527781 0 0 1544270 1535821 0 0 0 0 0 0 0 0 1373241 1386432 231907188 134301627 102907362 97605561 48799600 46683445 0 13378679 0 0 0 0 5025806 2726853 167455749 165397212 17242256 18748897 0 0 0 0 33858012 26861945 514512 691482 0 0 0 0 0 0 170610325 175126651 222225105 221428975 X -54769356 -56031763 0 0 -54769356 -56031763 167455749 165397212 X -3932135 5054280 -2384552 X false true X true false X 419716 232820 147130 128000 335668 1263334 40084845 40854170 41336072 41552173 44772142 208599402 0 0 0 40504561 41086990 41483202 41680173 45107810 209862736 8192 8192 0 8192 8192 209854544 645072 476676 654472 748836 915937 3440993 0 645072 476676 654472 748836 915937 3440993 0 1374725 2140301 2193213 2199694 452773 8360706 42524358 43703967 44330887 44628703 46476520 221664435 0.94672 0.94843 0.01552 0.01376 X PART III, SECTION B, LINE 12 CONSISTS OF MANAGEMENT FEES AND OTHER MISCELLANEOUS FEES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false true 3886 false false 3886 false PART II-B, LINE 1, LOBBYING ACTIVITIES portion of membership dues associated with lobbying activities 102600 X false false true X 1 1 188142798 101844356 86298442 15364997 12363588 3001409 28399392 20093683 8305709 97605561 0 0 REFUNDABLE ENTRANCE FEE DEPOSIT 171729821 PREMIUM ON BOND PAYABLE 3396830 175126651 52612442 5054280 486809 5541089 47071353 343179 343179 47414532 51003488 51003488 343179 343179 51346667 SCHEDULE D, PART IV, LINE 2B WAITING LIST DEPOSITS HELD IN CASH ESCROW ACCOUNTS ARE HELD ON BEHALF OF FUTURE RESIDENTS. ADDITIONALLY, RESIDENT FUNDS DEPOSITS ARE HELD IN CASH ACCOUNTS SEPARATE FROM REGULAR CASH OF THE ORGANIZATION. SCHEDULE D, PART XI, LINE 2D Gain on Bond Extinguishment: $794,804 Change in Life Insurance: $45,645 Net Periodic Benefit Cost: $-353,640 Total: $486,809 SCHEDULE D, PART III, QUESTION 4 The art collection provides emotional and psychosocial support to The Osborns residents and their loved ones. The breadth of the collection appeals to a diverse group of residents, and is easily accessible to older adults and persons of all abilities. EUROPE (INCLUDING ICELAND AND GREENLAND) PASSIVE INVESTMENTS 3329090 SOUTH ASIA PASSIVE INVESTMENTS 3808897 EAST ASIA AND THE PACIFIC PASSIVE INVESTMENTS 7137987 14275974 14275974 false false false false false false X true true X X X X X X false true false false false false false true false MATTHEW ANDERSON PRESIDENT/CEO 270606 138433 36109 18403 27467 13486 7969 4062 24216 12342 366367 186726 ROBERT S DAVIS CFO AND TREASURER 211098 109531 27320 13924 19993 8250 7969 4062 28554 14553 294934 150320 CHRISTOPHER FERRERI CHIEF OPERATING OFFICER 309634 28431 25207 12031 37509 412812 MICHAEL D FREDDINO CONTROLLER 163287 0 3000 0 516 0 7716 0 24282 0 198801 0 YVETTE ALLEN PAVILION ADMINISTRATOR 166091 0 3000 0 276 0 7770 0 19873 0 197010 0 RICHARD SGAGLIO VP MARKETING AND FUNDRAISING 115493 59439 0 1129 0 5290 2696 10083 5139 131995 67274 RICHARD LIPARI EXECUTIVE CHEF 157535 0 3000 0 1524 0 7486 0 34231 0 203776 0 ANDREW HORN DIRECTOR OF DINING 153827 0 3000 0 516 0 7280 0 25043 0 189666 0 ANDY GOOLCHARAN VP INFORMATION TECHNOLOGY 171881 0 0 180 0 7811 1698 181570 0 ROBERT MACKEY VP FACILITIES AND PROPERTY 106259 0 0 0 171884 0 6457 0 31183 0 315783 0 ELIZABETH ROSSI VP HUMAN RESOURCES 196976 0 23992 0 1035 0 10292 0 36157 0 268452 0 STEPHANIE LARSEN VP AND GENERAL COUNSEL 203606 0 24009 0 897 0 10731 0 28839 0 268082 0 CHRISTA PICCIANO-DANIELLO VP SALES 176410 0 17855 0 980 0 9031 0 34831 0 239107 0 GOPAL PATEL DIR. OF FINANCIAL REPORTING 152376 0 0 0 792 0 7144 0 25472 0 185784 0 SCHEDULE J, PART I, LINE 1A THE CEO AND VP FACILITIES AND PROPERTY RESIDE ON CAMPUS AS REQUIRED BY THE OSBORN AS A CONDITION OF EMPLOYMENT. THIS BENEFIT QUALIFIES UNDER SECTION 119 OF THE IRS CODE AND IS NON-TAXABLE. SCHEDULE J, PART I, LINE 4B IN 2018, THE FOLLOWING INDIVIDUALS PARTICIPATED IN 457B AND RABBI TRUST (457F): MATTHEW ANDERSON: $26,991 ROBERT S. DAVIS: $16,510 CHRISTOPHER FERRERI: $24,219 SCHEDULE J, PART I, LINE 7 THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES DETERMINES ALL BONUSES FOR THE OFFICERS, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES. WHEN CALCULATING THE BONUSES, THEY BASE IT ON INDIVIDUAL PERFORMANCE. A Westchester County Local Development Corporation 455135576 95737TEG1 2019-04-25 31053262 TO REFUND 2012 BONDS false false false A 0 0 31053296 0 0 0 539410 0 0 0 30513886 0 true false false true A false true false false 0.00160 0.00110 0.00270 false false false true A false true false false 0 false 0 false true A true PART I, BOND ISSUES (A) ISSUER NAME: DORMITORY AUTHORITY OF THE STATE OF NY (F) DESCRIPTION OF PURPOSE; TO REFUND THE 2012 BOND PART II LINE 3 TOTAL PROCEEDS OF ISSUE CONSISTS OF THE FOLLOWING ISSUE PROCEEDS 4/25/2019: $31,053,261.50 TOTAL PROCEEDS OF ISSUE: $31,053,261.50 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS THE OSBORN NETWORK, A NEW YORK NOT-FOR-PROFIT CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS REVIEWED BY THE CFO, THE CONTROLLER, THE DIRECTOR OF FINANCIAL REPORTING AND INTERNAL AUDIT, AND THE BOARD OF TRUSTEES PRIOR TO BEING SUBMITTED TO THE IRS. ANY ISSUES WITH THE 990 ARE PRESENTED TO THE CFO. THE AUDIT COMMITTEE MUST APPROVE ANY CHANGES. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS, AND KEY EMPLOYEES FOLLOW THE CONFLICT OF INTEREST POLICY SET FORTH BY MIRIAM OSBORN MEMORIAL HOME ASSOCIATION. IF ANY CONFLICT OF INTEREST EXISTS, IT MUST BE DISCLOSED TO THE BOARD PRIOR TO IMPORTANT DECISION VOTES TAKEN. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST DOES EXIST, THE INDIVIDUAL ASSOCIATED WITH THE CONFLICT IS PROHIBITED FROM PARTICIPATING IN THE DELIBERATIONS AND DECISIONS RELATING TO THAT CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE OSBORN'S COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES ESTABLISHES COMPENSATION, WHICH IS THEN SUBMITTED FOR REVIEW AND APPROVAL TO THE BOARD. TO DETERMINE COMPENSATION, THE COMPENSATION COMMITTEE UTILIZES AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS, 990S OF OTHER ORGANIZATIONS, AND WRITTEN EMPLOYMENT CONTRACT. SALARIES WERE LAST REVIEWED IN 2019 AND PERFORMANCE EVALUATIONS ARE REVIEWED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9, CHANGES IN NET ASSETS ADJUSTMENT TO MINIMUM PENSION LIABILITY $(2,871,361) INCREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE $45,645 BOND WRITE-OFFS $794,804 NET PERIODIC BENEFIT COST AND POSTRETIREMENT BENEFIT $(353,640) TOTAL TO FORM 990, PART XI, LINE 9 $(2,384,552) FORM 990, PART VI, SECTION A, LINE 7A THE OSBORN NETWORK, INCORPORATED MAY ELECT ONE OR MORE TRUSTEES OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B The sole member must approve any changes to the by-laws and appoints trustees to the board of trustees. STERLING HOME CARE INC 101 THEALL ROAD RYE NY 10580 133890611 HOME CARE NY 501(C)(3) LINE 10 OSBORN NTWRK false THE OSBORN NETWORK INCORPORATED 101 THEALL ROAD RYE NY 10580 463093940 SOLE MEMBER NY 501(C)(3) LINE 12B,II NA false THE OSBORN FOUNDATION 101 THEALL ROAD RYE NY 10580 474600665 RAISE FUNDS NY 501(C)(3) LINE 12B, I OSBORN NTWRK false false false true true false false false false false true false false true true true false true false false