2019-10-23T10:55:35-05:00 2018-12-31 BKD LLP 655 Third Avenue 1200 New York NY 10017 990 2018-01-01 135562312 Miriam Osborn Memorial Home Association % ROBERT S DAVIS MIRI 9149258278 101 Theall Road RYE NY 10580 ROBERT S DAVIS CFO AND TREASURER 9149258278 2019-04-27 true Aaron Shapiro P01333816 2128674000 167.68.126.162 26511920192965000003 2019-10-23 P 89205EC730D9E2CDB33E7921E4EB252967AD29DB 319FC87BD1330F796E4035663441B3D0185919B5 2018 2020-01-14 16:20:31Z ROBERT S DAVIS 101 THEALL ROAD RYE NY 10580 87597729 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 COMMITTMENT TO CHARITY. 16 16 488 114 0 147130 128000 41336072 41552173 3125599 3958550 2322339 2313901 46931140 47952624 0 0 0 0 27481593 26285996 0 0 0 24229022 24912683 51710615 51198679 -4779475 -3246055 175796110 167455749 222861572 222225105 -47065462 -54769356 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 42260554 41552173 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 $2,296,394 IN 2018. THE ESTIMATED COST OF PROVIDING CHARITY CARE WAS $2,705,339 IN 2018. 42260554 true true false true false false false true true false true false false false true true 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 90 0 488 true false false false false false false false false false false X 16 16 false false false false true true false 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 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 MD TRUSTEE 2.0 2.0 X 0 0 0 GEORGE G PAWLUSH TRUSTEE 2.0 4.0 X 0 0 0 JAMES E BUCKLEY TRUSTEE 2.0 0.0 X 0 0 0 THOMAS M SAUNDERS TRUSTEE 2.0 2.0 X 0 0 0 DOUGLAS W SHANKS 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 WERNER L POLAK 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 MATTHEW ANDERSON PRESIDENT/CEO 24.85 12.65 X 314053 159893 86043 ROBERT S DAVIS CFO & TREASURER 24.85 12.65 X 256385 130533 72287 CHRISTOPHER FERRERI CHIEF OPERATING OFFICER 24.85 12.65 X 240483 122437 71582 JANE FOX VP MARKETING & FUNDRAISING 24.85 12.65 X 196895 100245 30641 ROBERT MACKEY VP FACILITIES & PROPERTY 37.5 0.0 X 217114 0 44196 ELIZABETH ROSSI VP HUMAN RESOURCES 37.5 0.0 X 215500 0 44752 STEPHANIE LARSEN VP & GENERAL COUNSEL 37.5 0.0 X 213201 0 37341 CHRISTA PICCIANO-DANIELLO VP SALES 37.5 0.0 X 193446 0 42144 ANDY GOOLCHARAN VP INFORMATION TECHNOLOGY 37.5 0.0 X 169426 0 10458 YVETTE ALLEN PAVILION ADMINISTRATOR 37.5 0.0 X 165497 0 26543 MICHAEL D FREDDINO CONTROLLER 37.5 0.0 X 163241 0 29961 RICHARD LIPARI EXECUTIVE CHEF 37.5 0.0 X 157457 0 40170 ANDREW HORN DIR. OF DINING 37.5 0.0 X 154002 0 30594 GOPAL PATEL DIR. OF FINANCIAL REPORTING 37.5 0.0 X 148985 0 31368 2805685 513108 598080 30 false true false US FOODSERVICE INC PO BOX 641871 PITTSBURGH PA 152641871 FOOD SERVICE 907812 J N R RESTORATION 814 ROUTE 82 SUITE C HOPEWELL JUNCTION NY 12533 CONSTRUCTION 857260 LM COMPANY A DIVISION OF NIETO CON 140 HIGHLAND STREET PORT CHESTER NY 10573 Construction 528835 CURTIS SPACAVENTO PO BOX 707 ARMONK NY 10504 LANDSCAPING 524266 THE ASBURY GROUP 5285 WESTVIEW DRIVE STE 200 FREDERICK MD 21703 IT 522693 39 118000 10000 128000 RESIDENT FEES 623000 40903853 40903853 OTHER RESIDENT INCOME 623000 648320 648320 41552173 634629 634629 0 0 114207 0 114207 0 114207 114207 42969026 39645105 3323921 3323921 3323921 0 0 0 0 0 0 0 0 0 MANAGEMENT FEE 561000 2032517 2032517 MISCELLANEOUS 900099 167177 167177 2199694 47952624 41552173 6272451 0 0 0 0 3258278 2666726 591552 0 16971790 13890614 3081176 1139403 932494 206909 3426820 2804529 622291 0 1489705 1219183 270522 0 118491 118491 0 3883 3883 0 305268 305268 506317 506317 399889 399889 3868858 3380023 488835 979775 979775 0 5923831 5864652 59179 0 0 0 0 0 9849522 9773202 76320 564856 564856 Food 1438969 1438969 cash receipts assessment 662862 662862 housekeeping/kitchen supplies 290162 290162 51198679 42260554 8938125 0 3647092 974008 6199454 6831462 0 0 1238188 1544270 0 0 0 0 0 0 0 0 892056 1373241 227524943 124617581 107620300 102907362 51333194 48799600 0 0 0 0 0 0 4865826 5025806 175796110 167455749 20657043 17242256 0 0 0 0 35714310 33858012 917423 514512 0 0 0 0 0 0 165572796 170610325 222861572 222225105 X -47065462 -54769356 0 0 0 0 -47065462 -54769356 175796110 167455749 X -3246055 -5699454 1241615 X false true X true false X 359394 419716 232820 147130 128000 1287060 38142624 40084845 40854170 41336072 41552173 201969884 0 0 0 38502018 40504561 41086990 41483202 41680173 203256944 0 0 0 203256944 423113 645072 476676 654472 748836 2948169 0 423113 645072 476676 654472 748836 2948169 0 195440 1374725 2140301 2193213 2199694 8103373 39120571 42524358 43703967 44330887 44628703 214308486 0.94843 0.95880 0.01376 0.01200 X PART III, SECTION B, LINE 12 CONSISTS OF MANAGEMENT FEES AND OTHER MISCELLANEOUS FEES false false false false false false true 3883 false false 3883 false PART II-B, LINE 1, LOBBYING ACTIVITIES portion of membership dues associated with lobbying activities 102600 false false true X 1 1 184832648 95319239 89513409 14580469 11598956 2981513 28111825 17699386 10412439 102907362 0 REFUNDABLE ENTRANCE FEE DEPOSITS 167955359 DUE TO STERLING HOME CARE, INC 1019767 PREMIUM ON BOND PAYABLE 1635199 170610325 43189517 -5699454 1241615 -4457839 47647356 305268 305268 47952624 50893411 50893411 305268 305268 51198679 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 SEPERATE FROM REGULAR CASH OF THE ORGANIZATION. SCHEDULE D, PART XI, LINE 2D - OTHER ADJUSTMENTS ADJUSTMENT TO MINIMUM PENSION LIABILITY 1,252,430 DECREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE (10,815) TOTAL TO FORM 990, PART XI, LINE 9 1,241,615 Europe (Including Iceland and Greenland) Investments 4774412 South Asia Investments 3418530 East Asia and the Pacific Investments 4504888 12697830 12697830 true 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 262654 137425 31873 16227 19526 6241 34305 17466 22710 11562 371068 188921 ROBERT S DAVIS CFO & TREASURER 214680 111074 25963 13218 15742 6241 24167 12304 23733 12083 304285 154920 CHRISTOPHER FERRERI CHIEF OPERATING OFFICER 203255 104067 23822 12128 13406 6242 23714 12073 23719 12076 287916 146586 JANE FOX VP MARKETING & FUNDRAISING 98806 48973 95567 48656 2522 2616 5292 2694 15012 7643 217199 110582 ROBERT MACKEY VP FACILITIES & PROPERTY 192784 0 22395 0 1935 0 9988 0 34208 0 261310 0 ELIZABETH ROSSI VP HUMAN RESOURCES 191946 0 22519 0 1035 0 9981 0 34771 0 260252 0 STEPHANIE LARSEN VP & GENERAL COUNSEL 189756 0 22860 0 585 0 10016 0 27325 0 250542 0 CHRISTA PICCIANO-DANIELLO VP SALES 172305 0 20502 0 639 0 8936 0 33208 0 235590 0 ANDY GOOLCHARAN VP INFORMATION TECHNOLOGY 166246 0 3000 0 180 0 7738 0 2720 0 179884 0 YVETTE ALLEN PAVILION ADMINISTRATOR 162317 0 3000 0 180 0 7584 0 18959 0 192040 0 MICHAEL D FREDDINO CONTROLLER 159965 0 3000 0 276 0 7514 0 22447 0 193202 0 RICHARD LIPARI EXECUTIVE CHEF 153665 0 3000 0 792 0 7295 0 32875 0 197627 0 ANDREW HORN DIR. OF DINING 150486 0 3000 0 516 0 7133 0 23461 0 184596 0 GOPAL PATEL DIR. OF FINANCIAL REPORTING 148469 0 0 0 516 0 6950 0 24418 0 180353 0 SCHEDULE J, PART I, LINE 1A THE CEO & VP FACILITIES & 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: $26,105 ROBERT S. DAVIS: $15,967 CHRISTOPHER FERRERI: $15,514 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 DORMITORY AUTHORITY OF THE STATE OF NY 146000293 649906W67 2012-09-13 47202488 TO REFUND 2002 BONDS AND FINANCE C false false false A 8575000 0 47295425 2672057 0 0 1004257 0 0 10004810 33614301 0 2014 true false true true A false true false false 0.00160 0.00110 0.00270 false false false true A true false false 0 false false 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 2002 BONDS AND FINANCE CAPITAL EXPENDITURES IN IL AND AL UNIT PART II LINE 11 OTHER SPENT PROCEEDS CONSISTS OF THE FOLLOWING PROCEEDS USED TO REFUND THE 2002 DASNY BONDS $33,243,300.87 DASNY TRANSFER OF EXCESS FUNDS IN DEBT RESERVE ESCROW FUND TO THE CURRENT ESCROW FUND $371,000 TOTAL OTHER SPENT FUNDS $33,614,300.87 PART II LINE 3 TOTAL PROCEEDS OF ISSUE CONSISTS OF THE FOLLOWING ISSUE PROCEEDS 9/13/2012 $47,202,488.30 ESCROW EARNINGS TO 12/31/2018 $92,936.95 TOTAL PROCEEDS OF ISSUE $47,295,425.25 FORM 990, PART I, LINE 1 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. 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 A, LINE 7A THE OSBORN NETWORK, INCORPORATED MAY ELECT ONE OR MORE TRUSTEES OF THE GOVERNING BODY. 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 2017 AND PERFORMANCE EVALUATIONS ARE REVIEWED ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION B, LINE 15A LAST DONE IN 2017. CONSULTANTS ARE CONTACTED ANNUALLY FOR ADVICE ON HOW MUCH TO MOVE THE RATES. FORM 990, PART VI, SECTION B, LINE 15B LAST DONE IN 2017. CONSULTANTS ARE CONTACTED ANNUALLY FOR ADVICE ON HOW MUCH TO MOVE THE RATES. 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 1,252,430 DECREASE IN CASH SURRENDER VALUE OF LIFE INSURANCE (10,815) TOTAL TO FORM 990, PART XI, LINE 9 1,241,615 STERLING HOME CARE INC 101 THEALL ROAD RYE NY 10580 133890611 HOME CARE NY 501(C)(3) 10 OSBORN NTWRK false THE OSBORN NETWORK INCORPORATED 101 THEALL ROAD RYE NY 10580 463093940 Sole member o NY 501(C)(3) 12A TYPE 1 NA false THE OSBORN FOUNDATION 101 THEALL ROAD RYE NY 10580 474600665 RAISE FUNDS NY 501(C)(3) 12A TYPE 1 OSBORN NTWRK false false false false false false false false false false true false false true true true false true false false