2015-06-05T09:30:38-05:00 2014-12-31 593070669 MOORE STEPHENS LOVELACE PA 701 BRICKELL AVENUE SUITE 550 MIAMI FL 33131 990 2014-01-01 263411635 SILVER LAKE CENTER INC SILV 2153466454 TWO BALA CYNWYD PLAZA NO 300 BALA CYNWYD PA 19004 HOWARD JAFFE PRESIDENT 5618017600 2015-06-05 1 LAWRENCE SCHIFF CPA P00479457 3058199555 2014 2016-02-25 16:41:14Z HOWARD JAFFE TWO BALA CYNWYD PLAZA NO 300 BALA CYNWYD PA 19004 16768329 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 AFFORABLE COST. THE ORGANIZATION STRIVES TO PROVIDE OPEN, DIVERSE AND CARING ENVIRONMENTS FOR RESIDENTS, FAMILY MEMBERS AND STAFF. 5 5 211 16 0 0 0 927823 15299716 15826901 66 308 5601 13297 15305383 16768329 0 0 0 0 4291896 4901124 0 0 0 11099933 11433896 15391829 16335020 -86446 433309 8615876 8326015 4346329 3623159 4269547 4702856 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 AFFORABLE COST. THE ORGANIZATION STRIVES TO PROVIDE OPEN, DIVERSE AND CARING ENVIRONMENTS FOR RESIDENTS, FAMILY MEMBERS AND STAFF. 0 0 14847671 15840198 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. 14847671 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 211 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 JENNIFER BOTTER 5612234232 1665 PALM BEACH LAKES BLVD STE 600 WEST PALM BEACH FL 33401 KATHY KATZ-HALL DIRECTOR 2.00 X 8000 0 0 BRUCE HALL DIRECTOR 2.00 X 8000 0 0 SANDRA OLIVER DIRECTOR 2.00 X 8000 0 0 HOWARD JAFFE CHAIRMAN 1.50 X X 0 0 0 24000 0 0 0 0 0 0 DELAWARE VALLEY CONVELESCENT HOMES INC TWO BALA CYNWYD PLASA SOUTH BALA CYNWYD PA 19004 STAFFING AGENCY 2746215 AEGIS THERAPIES INC PO BOX 8103 FORT SMITH AR 75093 REHABILITATION 1282557 PHARMERICA 1011 BERK ROAD LEESPORT PA 19533 PHARMACY 519768 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DRIVE STE 300 BENSALEM PA 19020 HOUSEKEEPING & LAUNDRY 513834 ARTEMIS HEALTH SERVICES LLC 2004 OLD ARCH ROAD NORRISTOWN PA 19401 CONSULTING 494121 7 927823 927823 RESIDENT SERVICE REVENUE 623000 15826901 15826901 15826901 308 308 OTHER INCOME 623000 13297 13297 13297 16768329 15840198 0 308 X 24000 24000 4078495 3726565 351930 395962 290934 105028 402667 375234 27433 120207 120207 22650 22650 5009762 4479059 530703 11265 1711 9554 109421 2702 106719 56302 1876 54426 1823712 1812839 10873 37692 72 37620 100 100 45492 45492 378606 358433 20173 217721 188270 29451 STATE QUALITY ASSESSMEN 1542402 1542402 BAD DEBTS 689507 689507 PHARMACY 551401 551401 FOOD 300662 299383 1279 516994 481791 35203 16335020 14847671 1487349 0 734892 1659098 1961496 1663385 377783 381808 3063761 1040729 2216555 2023032 2473914 2329096 851236 269596 8615876 8326015 2843839 2435177 1502490 1187982 4346329 3623159 X 4269547 4702856 4269547 4702856 8615876 8326015 433309 0 X X 0 1 X 1 0 X 927823 927823 15856469 16250153 15171699 15299716 15812234 78390271 15856469 16250153 15171699 15299716 16740057 79318094 0 0 0 79318094 9 59 39 66 308 481 9 59 39 66 308 481 4969 4504 19338 5601 27964 62376 15861447 16254716 15191076 15305383 16768329 79380951 0.99920 0.99950 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 162932 38858 201790 0 2281281 632190 1649091 782480 408539 373941 2023032 16768329 0 16768329 0 16768329 16335020 0 16335020 0 16335020 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. DELAWARE VALLEY CONVALESCENT HOMES INC THE PRESIDENT OF THE ORGANIZATION IS THE PRESIDENT OF DVCH, INC. 2746215 HEALTHCARE SERVICES 0 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 11 THE FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND THE CONSULTING COMPANY. THE RETURN IS PROVIDED TO ALL VOTING BOARD MEMBERS 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 TEMPORARY HELP - NURSING: PROGRAM SERVICE EXPENSES 2,288,787. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,288,787. THERAPY SERVICES: PROGRAM SERVICE EXPENSES 1,204,561. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,204,561. CONSULTING FEES: PROGRAM SERVICE EXPENSES 317,870. MANAGEMENT AND GENERAL EXPENSES 228,745. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 546,615. HOUSEKEEPING/LAUNDRY: PROGRAM SERVICE EXPENSES 511,792. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 511,792. X-RAY/LAB FEES: PROGRAM SERVICE EXPENSES 28,113. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28,113. PATIENT SERVICES: PROGRAM SERVICE EXPENSES 80,409. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 80,409. MEDICAL SERVICE FEES: PROGRAM SERVICE EXPENSES 36,751. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 36,751. FINANCIAL SERVICES EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 301,958. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 301,958. BARBER/BEAUTY: PROGRAM SERVICE EXPENSES 10,776. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10,776. 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.