2019-09-18T09:47:32-05:00 2018-12-31 593070669 MOORE STEPHENS LOVELACE PA 500 E BROWARD BOULEVARD SUITE 1550 FORT LAUDERDALE FL 33394 990 2018-01-01 263411635 SILVER LAKE CENTER INC SILV 2153466454 TWO BALA CYNWYD PLAZA NO 300 BALA CYNWYD PA 19004 HOWARD JAFFE PRESIDENT 5618017600 2019-09-18 1 NORMAN B NEAL CPA P00071411 3058199555 68.95.178.125 2019-09-18 10:45:55 ED P AA06F16595B971911646E1ABD4EF9FD1205D715B AA06F16595B971911646E1ABD4EF9FD1205D715B 2018 2019-02-21 02:37:17Z HOWARD JAFFE TWO BALA CYNWYD PLAZA NO 300 BALA CYNWYD PA 19004 17382868 0 X N/A X 2008 PA THE ENTITY IS ORGANIZED AND OPERATED FOR THE PROVISION OF SHORT AND LONG-TERM STAYS OFFERING POST ACUTE AND REHABILITATION SERVICES. THE ORGANIZATION PROVIDES ROOM AND BOARD, NURSING SERVICES, HEALTHCARE, THERAPY, RESIDENT SERVICES, AND SECURITY AT AN AFFORDABLE COST. THE ORGANIZATION STRIVES TO PROVIDE OPEN, DIVERSE AND CARING ENVIRONMENTS FOR RESIDENTS, FAMILY MEMBERS AND STAFF. 3 3 182 15 0 0 90743 0 16375582 17373716 7189 3830 0 5322 16473514 17382868 0 0 0 0 7017502 7373218 0 0 0 10448596 10466354 17466098 17839572 -992584 -456704 7746837 7363274 1316167 1389308 6430670 5973966 X SEE SCHEDULE O.TO OPERATE ONE OR MORE NURSING HOMES OR PROVIDE OTHER HOUSING FOR THE ELDERLY AND TO DEVELOP MEDICAL PROGRAMS FOR THE CARE OF THE ELDERLY AND TO EDUCATE AND TRAIN HEALTHCARE PERSONNEL IN THE PROPER CARE OF THE ELDERLY.THE ENTITY IS ORGANIZED AND OPERATED FOR THE PROVISION OF SHORT AND LONG-TERM STAYS OFFERING POST ACUTE AND REHABILITATION SERVICES. THE ORGANIZATION PROVIDES THESE SERVICES BY PROVIDING ROOM AND BOARD, NURSING SERVICES, HEALTHCARE, THERAPY, RESIDENT SERVICES, AND SECURITY AT AN AFFORDABLE COST. THE ORGANIZATION STRIVES TO PROVIDE OPEN, DIVERSE AND CARING ENVIRONMENTS FOR RESIDENTS, FAMILY MEMBERS AND STAFF. 0 0 16145813 17379038 THE ORGANIZATION OPERATES A SKILLED NURSING FACILITY, WITH A CAPACITY OF 174 BEDS, DEDICATED AND COMMITTED TO PROVIDING REHABILITATION AND SHORT AND LONG TERM NURSING AND MEDICAL CARE OF PATIENTS AND RESIDENTS. THE ORGANIZATION PROVIDES NUMEROUS ACTIVITIES AND PROGRAMS INCORPORATING AND PROMOTING FAMILY ACTIVITIES AND INVOLVEMENT WITH RESIDENTS AND STAFF. THESE ACTIVITIES PROMOTE A NORMALIZED ENVIRONMENT. 16145813 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 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 0 0 0 0 1 36 0 1 182 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KANE FINANCIAL SERVICES CO SUSAN SHAIN 5612234161 1665 PALM BEACH LAKES BLVD SUITE WEST PALM BEACH FL 33401 HOWARD JAFFE CHAIRMAN 1.50 0.00 X X 0 0 0 JOHN SEAL DIRECTOR 2.00 0.00 X 8000 0 0 SANDRA OLIVER DIRECTOR 2.00 0.00 X 8000 0 0 PRISCA OKWARA REGISTERED NURSE 40.00 0.00 X 160692 0 6734 FRANCIS RINGKAMP ADMINISTRATOR 40.00 0.00 X 160118 0 6734 DORIS NYEMAH LPN 40.00 0.00 X 136160 0 6734 ANN MARIE KOTZ DIRECTOR OF NURSING 40.00 0.00 X 133358 0 6734 RENETTA KINNIEBREW REGISTERED NURSE 40.00 0.00 X 123329 0 6734 729657 0 33670 9 0 1 0 SELECT REHABILITATION INC 2600 COMPASS ROAD GLENVIEW IL 60026 THERAPY PROVIDER 1872253 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DRIVE STE 300 BENSALEM PA 19020 HOUSEKEEPING & LAUNDRY 1556343 FORTUNA HEALTH SERVICES 1665 PALM BEACH LAKES BLVD SUITE WEST PALM BEACH FL 33401 CONSULTING SERVICES 521966 PHARMERICA PO BOX 409251 ATLANTA GA 303849251 PHARMACY SERVICES 399774 KANE FINANCIAL SERVICES 1665 PALM BEACH LAKES BLVD SUITE WEST PALM BEACH FL 33401 FINANCIAL CONSULTING SERVICES 330155 7 RESIDENT SERVICE REVENUE 623000 17373716 17373716 17373716 3830 3830 OTHER INCOME 900099 5322 5322 5322 17382868 17379038 0 3830 X 16000 16000 5610157 5132082 478075 1233615 1161371 72244 513446 485330 28116 55424 55424 25261 25261 4452875 3908023 544852 25139 25139 60773 1327 59446 61460 61460 2120915 1908823 212092 9641 9641 2785 2785 363942 327548 36394 335464 301918 33546 STATE BED ASSESSMENTS 1686514 1686514 SUPPLIES AND EQUIPMENT 733487 690556 42931 PROVISION FOR DOUBTFUL 379168 379168 PATIENT TRANSPORTATION 128461 128461 25045 31907 -6862 17839572 16145813 1693759 0 855835 363447 2154414 2338273 418945 588144 3652676 1875192 1852105 1777484 1894644 1749827 570894 546099 7746837 7363274 1092167 1294308 224000 95000 1316167 1389308 X 6430670 5973966 6430670 5973966 7746837 7363274 -456704 0 X X 0 1 X 1 0 X 927823 250000 90743 1268566 15812234 16527560 17221140 16369841 17373716 83304491 16740057 16777560 17221140 16460584 17373716 84573057 0 0 0 84573057 308 116 1262 7189 3830 12705 308 116 1262 7189 3830 12705 27964 2400653 58468 5741 5322 2498148 16768329 19178329 17280870 16473514 17382868 87083910 0.97120 0.97050 0.00010 0.00010 X 1 191120 9602 181518 0 2629765 1153778 1475987 1022911 721414 301497 1777484 ASSETS WHOSE USE IS LIMITED 266352 STATE BED ASSESSMENT RECEIVABLE 279747 546099 ESTIMATED THIRD-PARTY PAYOR SETTLEMENTS 95000 95000 17382868 0 17382868 0 17382868 17839572 0 17839572 0 17839572 PART IV, LINE 1B: THE ORGANIZATION OFFERS CASH MANAGEMENT SERVICES TO ITS RESIDENTS. THESE FUNDS REMAIN THE SOLE PROPERTY OF THE RESIDENTS AND ARE DISBURSED AS REQUESTED. THE ORGANIZATION HAS A FIDUCIARY DUTY OF ACCOUNTABILITY FOR THESE FUNDS AND ACTS ONLY AS A CUSTODIAN. ACCORDINGLY, THESE FUNDS ARE EXCLUDED FROM THESE FINANCIAL STATEMENTS. AT DECEMBER 31, 2018 AND 2017, THE FUND BALANCE WAS APPROXIMATELY $182,000 AND $191,000, RESPECTIVELY. 0 0 0 0 0 0 0 0 0 PRISCA OKWARA REGISTERED NURSE 160692 0 0 0 0 0 0 0 6734 0 167426 0 0 0 FRANCIS RINGKAMP ADMINISTRATOR 160118 0 0 0 0 0 0 0 6734 0 166852 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND THE CONSULTING COMPANY. THE RETURN IS MADE AVAILABLE TO ALL VOTING BOARD MEMBERS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS CONTAINED IN THE EMPLOYEE HANDBOOK. THE POLICY EXTENDS TO THE ORGANIZATION'S OFFICERS AND DIRECTORS. THE ORGANIZATION'S BOARD OF DIRECTORS MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH ITS ANNUAL DISCLOSURE PROCESS. THE BOARD REVIEWS ACTUAL CONFLICTS THAT ARE IDENTIFIED AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE CONSULTING COMPANY. ALL PARTIES ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION DECISIONS. COMPENSATION LEVELS ARE SET BASED ON CURRENT MARKET CONDITIONS, THE ECONOMY AND FUNDING SOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G FOOD SERVICE: PROGRAM SERVICE EXPENSES 1,025,923. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,025,923. ANCILLARY SERVICES: PROGRAM SERVICE EXPENSES 1,952,496. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,952,496. MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 3,991. MANAGEMENT AND GENERAL EXPENSES 1,135. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,126. PAYROLL PROCESSING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,766. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,766. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 577,249. MANAGEMENT AND GENERAL EXPENSES 2,090. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 579,339. COUNSULTING FEES: PROGRAM SERVICE EXPENSES 348,364. MANAGEMENT AND GENERAL EXPENSES 193,118. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 541,482. FINANCIAL SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 330,926. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 330,926. OTHER FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 4,817. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,817. FORM 990, PART XII, LINE 2C OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT: THE RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT IS ASSUMED BY THE GOVERNING BODY. THIS PROCESS HAS NOT CHANGED IN ANY WAY FROM THE PRIOR YEAR.