2017-08-29T07:06:34-05:00 2016-12-31 020327524 NATHAN WECHSLER & COMPANY PA 70 COMMERCIAL STREET 4TH FLOOR CONCORD NH 03301 990 2016-01-01 020222243 WENTWORTH SENIOR LIVING WENT 6034360169 346 PLEASANT STREET PORTSMOUTH NH 038014536 WILLIAM HENSON PRESIDENT & CEO 6034360169 2017-08-21 1 ORESTE J MOSCA CPA P00366101 6032245357 50.78.20.189 2017-08-21 08:46:43 ED P 5D43B4B32BE5953426FBFFDDBAD153D3E27E6A3A 82EC060870400D207617435A3BF8307170BDDB0C 2016 2021-01-29 14:40:06Z WILLIAM HENSON 346 PLEASANT ST PORTSMOUTH NH 03801 8552393 0 X HTTP://WENTWORTHSENIORLIVING.ORG/ X HOME 1911 NH WENTWORTH SENIOR LIVING'S MISSION IS TO PROVIDE THE SENIORS WE SERVE WITH THE SUPPORT NECESSARY TO MAINTAIN THEIR INDIVIDUAL STRENGTHS AND CAPACITIES; THAT THEY, ALONG WITH THEIR FAMILIES AND FRIENDS, HAVE TRUST IN OUR DESIRE AND ABILITY TO HELP THEM SUCCEED; AND THAT ALL MEMBERS OF OUR STAFF FULLY EMBRACE THE BELIEF THAT THEY ARE GREATLY RESPECTED AND APPRECIATED FOR PLAYING AN IMPORTANT PART IN THIS EFFORT. 10 9 113 24 0 0 194957 217594 5835537 5910318 72152 283252 110490 103001 6213136 6514165 0 0 0 0 4086830 4287596 0 0 0 2182891 2125541 6269721 6413137 -56585 101028 17585255 16829398 8735397 7303036 8849858 9526362 X WENTWORTH SENIOR LIVING ("WSL") OPERATES AN ASSISTED LIVING FACILITY LOCATED IN PORTMSOUTH, NEW HAMPSHIRE. WSL'S MISSION IS TO PROVIDE THE SENIORS WE SERVE WITH THE SUPPORT NECESSARY TO MAINTAIN THEIR INDIVIDUAL STRENGTHS AND CAPACITIES; THAT THEY, ALONG WITH THEIR FAMILIES AND FRIENDS, HAVE TRUST IN OUR DESIRE AND ABILITY TO HELP THEM SUCCEED; AND THAT ALL MEMBERS OF OUR STAFF FULLY EMBRACE THE BELIEF THAT THEY ARE GREATLY RESPECTED AND APPRECIATED FOR PLAYING AN IMPORTANT PART IN THIS EFFORT. 0 0 4662923 5939490 DURING THE YEAR, WSL PROVIDED CARING SUPPORT AND PERSONALIZED HEALTHCARE SERVICE TO SEACOAST SENIORS, PROVIDING 22,286 CENSUS DAYS DURING 2016. 4662923 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 16 0 1 113 1 0 0 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 NH X NANCY KEANE 6034360169 346 PLEASANT STREET PORTSMOUTH NH 038014536 CINDY KNAPP TRUSTEE 1.00 X 0 0 0 JAY S GIBSON TRUSTEE 1.00 X 0 0 0 JOAN GILE VICE-CHAIRPERSON 1.00 X X 0 0 0 KAREN FREDA SECRETARY 1.00 X X 0 0 0 PHIL CAVANAUGH CHAIRPERSON 1.00 X X 0 0 0 CAROL CLARK TRUSTEE 1.00 X 0 0 0 JOHN HEBERT TRUSTEE 1.00 X 0 0 0 JOAN NICKELL TRUSTEE 1.00 X 0 0 0 DAVID SPLAINE TREASURER 1.00 X X 0 0 0 WILLIAM HENSON PRESIDENT & CEO (EX-OFFICIO) 40.00 X 200703 0 5913 SUZANNE RAPOZA VP HEALTH RESOURCES 40.00 X 119141 0 307 319844 0 6220 2 0 1 0 GLENDALE SENIOR DINING INC 749 E INDUSTRIAL PARK DRIVE MANCHESTER NH 03109 FOOD SERVICE 833980 ULTRA SERVICES INC 8 COOK STREET BILLERICA MA 01821 HVAC SYSTEM UPGRADES AND REPAIRS 106250 CALYPSO COMMUNICATIONS LLC 20 LADD STREET SUITE 200 PORTSMOUTH NH 03801 MARKETING SERVICES 100455 3 143000 74594 217594 NET RESIDENT SERV. REVENUE 900099 5894383 5894383 SENIOR TRANSPORTATION 900099 15935 15935 5910318 18896 18896 75598 21228 54370 54370 54370 2196390 81466 1980751 32749 215639 48717 264356 264356 22959 3500 19459 19459 OTHER INCOME 900099 29172 29172 29172 6514165 5939490 0 357081 330071 120953 209118 3345883 2697172 648711 372507 273860 98647 239135 183130 56005 10414 10414 43459 43459 30500 30500 57028 57028 1271634 828994 442640 210720 210720 484786 484786 BAD DEBT EXPENSE 17000 17000 6413137 4662923 1750214 0 27763 1720 1107280 1809363 502685 426464 113628 127148 7625008 2750460 4994877 4874548 6537920 6049077 3923180 3102185 377922 438893 17585255 16829398 377409 416802 833488 765961 7165031 5776502 359469 343771 8735397 7303036 X 1133153 1673233 6589254 6732446 1127451 1120683 8849858 9526362 17585255 16829398 101028 575476 0 X X 0 1 X 1 0 X 179297 494751 187972 194957 217594 1274571 5164936 5452365 5459989 5873408 6014490 27965188 342600 159908 31760 19981 18896 573145 5686833 6107024 5679721 6088346 6250980 29812904 0 0 0 29812904 226507 233756 267644 143347 282081 1153335 226507 233756 267644 143347 282081 1153335 5913340 6340780 5947365 6231693 6533061 30966239 0.96280 0.96250 0.03720 0.03750 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7072216 634082 507834 7198464 7523300 40191 491275 7072216 7397312 597527 471539 7523300 6511249 1339425 453362 7397312 6158007 797776 444534 6511249 0.00000 0.07960 0.92050 0 0 96504 96504 6384447 2128660 4255787 1010564 601252 409312 133493 20548 112945 4874548 BENEFICIAL INTEREST IN TRUST 548013 F MUTUAL FUNDS 2286382 F DEPOSIT 66099 C ALTERNATIVE INVESTMENTS 201691 F 3102185 REFUNDABLE RESIDENT DEPOSITS 343771 343771 X 7140652 575476 575476 6565176 -51011 -51011 6514165 6464148 51011 51011 6413137 0 6413137 PART X, LINE 2: WSL HAS ADOPTED THE PROVISIONS OF FASB INTERPRETATION NO.48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES (FASB ASC 740). ACCORDINGLY, MANAGEMENT HAS EVALUATED WSL'S TAX POSITIONS AND CONCLUDED WSL HAD MAINTAINED ITS TAX-EXEMPT STATUS, DOES NOT HAVE ANY SIGNIFICANT UNRELATED BUSINESS INCOME AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT OR DISCLOSURE IN THE FINANCIAL STATEMENTS. WITH FEW EXCEPTIONS, WSL IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL OR STATE TAX AUTHORITIES FOR YEARS BEFORE 2013. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -21,228. GAMING EXPENSES -3,500. LOSS ON DISPOSAL OF ASSETS -26,283. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 21,228. GAMING EXPENSES 3,500. LOSS ON DISPOSAL OF ASSETS 26,283. 22959 3500 0 22959 3500 3500 19459 NH 1 0 1 0 1.00000 WENTWORTH SENIOR LIVING 346 PLEASANT STREET PORTSMOUTH NH 038014536 1 22959 42638 SEABROOK GAMING LLC 319 NEW ZEALAND ROAD SEABROOK NH 03874 SEABROOK GAMING LLC SEABROOK GAMING, LLC PROVIDED THE FACILITIES, PRIZES, LABOR AND PAID THE TAXES DUE TO THE STATE OF NEW HAMPSHIRE. X 0 1 X X X X 0 0 0 0 0 0 0 0 0 WILLIAM HENSON PRESIDENT & CEO (EX-OFFICIO) 200703 0 0 0 0 0 0 0 5913 0 206616 0 0 0 PART I, LINE 3 THE EXECUTIVE COMMITTEE HAS THE AUTHORITY OF THE BOARD. THE COMMITTEE USES DETAILED COMPENSATION DATA FROM A CAREFULLY SELECTED PEER GROUP OF SIMILARY SIZED, GEOGRAPHICALLY LOCATED, AND COMPARABLE BUSINESS MIX COMPANIES IN ADDITION TO TWO INDEPENDENT SALARY SURVEYS. THE COMMITTEE DOCUMENTS THEIR DECISIONS THROUGH THE USE OF A WRITTEN REVIEW FORM THAT IS NATIONALLY RECOGNIZED FOR NON-PROFIT EXECUTIVE OFFICERS. FORM 990, PART VI, SECTION A, LINE 6 WSL IS GOVERNED, IN PART, BY A BOARD OF INCORPORATORS. THEIR POWERS ARE DETAILED IN THE BY-LAWS AND INCLUDE THE ANNUAL APPOINTMENT OF THE BOARD OF TRUSTEES AND ELECTION OF NEW MEMBERS TO THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A WSL IS GOVERNED, IN PART, BY A BOARD OF INCORPORATORS. THEIR POWERS ARE DETAILED IN THE BY-LAWS AND INCLUDE THE ANNUAL APPOINTMENT OF THE BOARD OF TRUSTEES AND ELECTION OF NEW MEMBERS TO THE CORPORATION. THE INCORPORATORS ALSO HAVE THE POWER TO REMOVE A TRUSTEE. RESPONSIBILITY FOR THE OPERATION OF WSL IS VESTED IN THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B WSL IS GOVERNED, IN PART, BY A BOARD OF INCORPORATORS. THEIR POWERS ARE DETAILED IN THE BY-LAWS AND INCLUDE THE ANNUAL APPOINTMENT OF THE BOARD OF TRUSTEES AND ELECTION OF NEW MEMBERS TO THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE 990 IS PROVIDED TO THE BOARD AND APPROVED PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C WSL DOES HAVE A CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST DISCLOSURE IS ANNUALLY DISTRIBUTED TO ALL TRUSTEES, OFFICERS, AND KEY EMPLOYEES OF WSL. ANY CONFLICTS WHICH MIGHT BE CONSIDERED SERIOUS ARE BROUGHT TO THE BOARD'S ATTENTION AND RESOLVED ACCORDINGLY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE MEETS ANNUALLY TO DETERMINE THE COMPENSATION OF THE CEO. THE COMMITTEE OBTAINED AN INDEPENDENT AUDIT REPORT FROM CLIFTON LARSON ALLEN. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.