2017-08-23T12:05:51-05:00 2016-12-31 593070669 MOORE STEPHENS LOVELACE PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2016-01-01 450699932 CHESTNUT HEALTH AND REHABILITATION GROUP INC CHES 2153466454 1665 PALM BEACH LAKES BLVD NO 600 WEST PALM BEACH FL 33401 ALAN SILVERMAN OFFICER 5618017600 2017-08-23 1 KURT A ALTER CPA P00059492 4077405400 64.132.121.122 2017-08-23 12:56:12 ED P A6970DBB2853E0D2E5FB43C562937A4824D79D77 A6970DBB2853E0D2E5FB43C562937A4824D79D77 2016 2021-01-29 14:40:06Z ALAN SILVERMAN 1665 PALM BEACH LAKES BLVD NO 600 WEST PALM BEACH FL 33401 39467972 0 X N/A X 2011 DE 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 AFFORABLE COST. THE ORGANIZATION STRIVES TO PROVIDE OPEN, DIVERSE, AND CARING ENVIRONMENTS FOR RESIDENTS, FAMILY MEMBERS AND STAFF. 5 5 1695 1 0 0 4002060 0 113272596 39427880 2303 1888 53746 38204 117330705 39467972 0 0 0 0 58548200 26840268 0 0 0 61994595 20783601 120542795 47623869 -3212090 -8155897 22203785 45074522 23952584 54864882 -1748799 -9790360 X 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 AFFORABLE COST. THE ORGANIZATION STRIVES TO PROVIDE OPEN, DIVERSE, AND CARING ENVIRONMENTS FOR RESIDENTS, FAMILY MEMBERS AND STAFF. 0 0 41965412 39466084 THE ORGANIZATION OPERATES SKILLED NURSING FACILITIES LOCATED IN MASSACHUSETTS, CONNECTICUT, NEW HAMPSHIRE, AND RHODE ISLAND, WITH A CAPACITY OF 1405 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. 41965412 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 94 0 1 1695 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 X KANE FINANCIAL SERVICES CO ROBERT WEBSTER 5612234232 1665 PALM BEACH LAKES BLVD SUITE WEST PALM BEACH FL 33401 ALLEN BRECHT DIRECTOR 2.00 X 8000 0 0 LOUISE SEIFERT DIRECTOR 2.00 X 8000 0 0 BRUCE HALL DIRECTOR 2.00 X 8000 0 0 NATE DUDLEY DIRECTOR 2.00 X 8000 0 0 ALAN SILVERMAN DIRECTOR 2.00 X X 0 0 0 JACQUELINE CIERVO REGISTERED NURSE 40.00 X 126836 0 2625 SALOMON KLAROU LPN 40.00 X 111035 0 0 269871 0 2625 2 0 0 0 SELECT MEDICAL REHABILITATION SERVICES PO BOX 643920 PITTSBURGH PA 15264 REHABILITATION 2348752 GRANDISON MANAGEMENT INC 1413 38TH ST BROOKLYN NY 11218 REHABILITATION 1351284 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DR STE 300 BENSALEM PA 19020 HOUSEKEEPING AND LAUNDRY 1036100 ACCOMPLISH THERAPY LLC 1675 PALM BEACH LAKES BLVD SUITE 9 WEST PALM BEACH FL 33401 REHABILITATION 829645 KANE FINANCIAL SERVICES 1675 PALM BEACH LAKES BLVD SUITE 8 WEST PALM BEACH FL 33401 FINANCIALS CONSULTING 400099 14 RESIDENT SERVICE 623000 39427880 39427880 39427880 1888 1888 OTHER REVENUE 623000 38204 38204 38204 39467972 39466084 0 1888 X 32000 32000 22717849 20602003 2115846 500 500 1847950 810638 1037312 2241969 2063020 178949 198283 22000 176283 119515 119515 8921694 7961673 960021 19050 1888 17162 619018 56223 562795 154040 16238 137802 1595451 1589440 6011 89351 2635 86716 12782 60 12722 88416 88416 163902 148643 15259 1001185 907975 93210 STATE QUALITY ASSESSMEN 2649696 2649696 BAD DEBTS 1698750 1698750 PHARMACY 992774 992774 FOOD 860699 853989 6710 1598995 1499351 99644 47623869 41965412 5658457 0 2201058 0 14304394 12315235 1028590 328679 1901003 268025 1635273 1632978 3034470 30797630 22203785 45074522 6648720 14506666 4865642 4000000 7049645 8895442 5388577 27462774 23952584 54864882 X -1748799 -9790360 -1748799 -9790360 22203785 45074522 -8155897 114336 0 X 0 0 0 X 2102135 4002060 6104195 47478733 113272596 39427880 200179209 49580868 117274656 39427880 206283404 0 0 0 206283404 360 2303 1888 4551 360 2303 1888 4551 667453 53746 38204 759403 50248681 117330705 39467972 207047358 0.99630 0.00000 X 1 494375 494375 0 20305 20305 1222146 136791 1085355 483235 75891 407344 175317 55343 119974 1632978 DEPOSITS 3451253 DEFERRED FINANCING COST 142785 OTHER ASSET 27203592 30797630 ESTIMATED THIRD PARTY PAYOR SETTLEMENTS -68313 ACCRUED EMPLOYEE COMPENSATION AND BENEFITS 9109 ACCRUED STATE BED ASSESSMENTS 667463 ACCRUED CONSULTING FEES 1558974 DUE TO OTHERS 25295541 27462774 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 REMAINS ONLY A CUSTODIAN. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS PREPARED BY THE ORGANIZATION'S PUBLIC ACCOUNTING FIRM, AND IS REVIEWED BY THE ORGANIZATION'S BOARD PRESIDENT AND CONSULTING COMPANY. A FINAL DRAFT OF THE FORM 990 IS PROVIDED TO THE ORGANIZATION'S BOARD OF DIRECTORS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATIONS 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 MEDICAL & SOCIAL SERVICES: PROGRAM SERVICE EXPENSES 96,347. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 96,347. CONSULTING: PROGRAM SERVICE EXPENSES 1,338,111. MANAGEMENT AND GENERAL EXPENSES 331,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,669,361. REHABILITATION: PROGRAM SERVICE EXPENSES 3,598,481. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,598,481. HOUSEKEEPING & LAUNDRY: PROGRAM SERVICE EXPENSES 1,237,642. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,237,642. LAB & X-RAY: PROGRAM SERVICE EXPENSES 153,159. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 153,159. TRANSPORTATION: PROGRAM SERVICE EXPENSES 54,059. MANAGEMENT AND GENERAL EXPENSES 5,929. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,988. OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 6,359. MANAGEMENT AND GENERAL EXPENSES 36,821. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 43,180. FINANCIAL SERVICE CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 241,157. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 241,157. TEMP LABOR - NURSING: PROGRAM SERVICE EXPENSES 1,470,880. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,470,880. ACTIVITIES: PROGRAM SERVICE EXPENSES 6,635. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,635. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 344,864. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 344,864.