2014-08-11T10:49:30-05:00 2013-12-31 020383073 WILLIAM STEELE & ASSOCIATES PC 40 STARK STREET MANCHESTER NH 03101 990 2013-01-01 043297834 YOUVILLE PLACE INC YOUV 7818613535 10 PELHAM ROAD LEXINGTON MA 02421 JOANNE PARSONS PRESIDENT/CEO 7818613535 2014-08-04 1 WILLIAM G STEELE JR CPA P00233103 6036228881 2013 2015-11-30 17:44:51Z JOANNE PARSONS 10 PELHAM ROAD LEXINGTON MA 02421 5723835 0 X YOUVILLEPLACE.ORG X 1997 MA THE MISSION OF YOUVILLE PLACE IS "TO BE A COMMUNITY OF ENDURING HOPE THAT CELEBRATES GOD'S LOVE THROUGH COMPASSIONATE CARE, WHILE FOSTERING THE INDIVIDUAL AND EMBRACING ALL". 8 6 88 0 0 0 726 2500 5652453 5671281 25760 21796 67474 28258 5746413 5723835 0 0 0 0 2752232 2813106 0 0 15160 2803953 2752169 5556185 5565275 190228 158560 15305283 16138899 13070848 12739217 2234435 3399682 THE MISSION OF YOUVILLE PLACE IS "TO BE A COMMUNITY OF ENDURING HOPE THAT CELEBRATES GOD'S LOVE THROUGH COMPASSIONATE CARE, WHILE FOSTERING THE INDIVIDUAL AND EMBRACING ALL". 0 0 5478700 5671281 YOUVILLE PLACE PROVIDED 32,630 DAYS OF SERVICE TO ITS RESIDENTS DURING CALENDAR YEAR 2013. YOUVILLE PLACE FOLLOWS THE METHODOLOGY THAT IS RECOMMENDED BY THE CATHOLIC HEALTH ASSOCIATION FOR CALCULATING THE COST OF SUPPORT FOR THE BROADER COMMUNITY. IN THE METHODOLOGY, THE COST OF PROVIDING SERVICES IS REDUCED BY PAYMENTS RECEIVED FOR SERVICES RESULTING IN A NET COST. IT IS THE NET COST OF PROGRAMS DIRECTED TO THE NEEDY COMPARED TO THE ACTUAL REIMBURSEMENT FOR THOSE SERVICES. YOUVILLE PLACE HAD A TOTAL COMMUNITY BENEFIT OF $556,809, OF WHICH $531,003 WERE RENTS SUBSIDIZED BY THE ORGANIZATION. THIS IS 10.01% OF OPERATING EXPENSES FOR THE YEAR OF THIS RETURN. 5478700 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 20 0 1 88 1 0 0 0 0 0 0 0 0 0 0 X 8 6 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MA X X JOANNE PARSONS CHIEF EXECUTIVE OFFICER 7818613535 10 PELHAM ROAD LEXINGTON MA 02421 MICHAEL MCHUGH CHAIR 3.00 X X 0 0 0 H WILLIAM ADAMS TREASURER/CLERK 1.00 X X 0 0 0 THOMAS GIBSON DIRECTOR 1.00 X 0 0 0 KENNETH FERRON DIRECTOR 1.00 39.00 X 0 293473 108650 JOSEPH CONNARTON DIRECTOR 1.00 X 0 0 0 CAROL FLYNN DIRECTOR 1.00 X 0 0 0 JOANNE C PARSONS PRESIDENT & CEO 20.00 20.00 X X 0 143634 32212 DANIEL C NELSON DIRECTOR 1.00 X 0 0 0 JOANNA SCIANNA COO AND EXECUTIVE DIRECTOR 20.00 20.00 X 115301 0 36000 JOHN COONEY SR. DIRECTOR OF FINANCE & SERVICES 20.00 20.00 X 0 104067 28262 115301 541174 205124 1 0 1 0 CUTLER ASSOCIATES INC 43 HARVARD STREET WORCESTER MA 01609 CONSTRUCTION SERVICES 333615 BLUE CROSS BLUE SHIELD 401 PARK DRIVE BOSTON MA 02155 HEALTH AND DENTAL INSURANCE 322629 DIMELLA SHAFFER 281 SUMMER STREET BOSTON MA 02210 ARCHITECTURAL SERVICES 174211 BOWDOIN CONSTRUCTION CORPORATION 220 RESERVOIR STREET NEEDHAM MA 02494 CONSTRUCTION SERVICES 127109 4 2500 2500 NET ROOM & BOARD REVEN 623000 5473442 5473442 ADDITIONAL RESIDENT SE 623000 197839 197839 5671281 21796 21796 28258 0 28258 28258 28258 5723835 5671281 0 50054 137750 137750 2125791 2125791 111983 111983 288672 288672 148910 148910 64364 64364 80 80 6971 6971 39300 33853 5447 54997 45284 9713 484879 484879 1554 1554 601573 601573 596142 596142 64953 64953 OPERATING SUPPLIES 559547 559547 PURCHASED SERVICES 270064 270064 VEHICLE MAINTENANCE 3937 3937 EDUCATION AND TRAINING 3808 3808 5565275 5478700 71415 15160 225775 225061 178205 425205 141752 40824 10542 5307 84747 82596 14292699 3532192 10259468 10760507 919785 929263 3485009 3670136 15305283 16138899 616353 609727 8945 3800 11950040 11731134 495510 394556 13070848 12739217 X 877085 1076977 1357350 2322705 2234435 3399682 15305283 16138899 X 158560 -11141 1017828 X 0 1 X 1 0 X 120 1713 2470 726 2500 7529 5076693 5222465 5563299 5652453 5671281 27186191 36208 52547 66136 67474 28258 250623 5113021 5276725 5631905 5720653 5702039 27444343 0 0 0 27444343 3119 1219 2234 25760 21796 54128 3119 1219 2234 25760 21796 54128 5116140 5277944 5634139 5746413 5723835 27498471 0.99800 0.99800 0.00200 0.00200 X 1357350 962999 13861 11505 2322705 35701 1337316 11577 27244 1357350 35623 78 35701 33066 2557 35623 35815 -2749 33066 0.01700 0.98300 0 0 750000 750000 11253261 2419258 8834003 1510381 1112934 397447 779057 779057 10760507 DEBT SERVICE RESERVE FUND 1099735 BOND SINKING FUND 117526 BOND INTEREST FUND 298181 BOND UNDERWRITING COSTS 58104 BOND ISSUE COSTS 151659 SECURITY DEPOSITS - RESIDENTS 311519 DONOR RESTRICTED FUNDS 1610855 LANDLORD CHECKING 22557 3670136 RESIDENT SECURITY DEPOSITS 321669 DUE TO AFFILIATE 72887 394556 X PART V, LINE 4: FUNDS ARE USED TO COVER COSTS OF RESIDENTS WHO ARE UNABLE TO PAY WITH THEIR OWN FUNDS. ADDITIONAL FUNDS WERE USED TO COVER CONSTRUCTION COSTS FOR A RENOVATION WHICH RESULTED IN A MEMORY SUPPORT UNIT. PART X, LINE 2: INCLUDED IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS IS THE FOLLOWING "TAX EXEMPT ORGANIZATIONS COULD BE REQUIRED TO RECORD AN OBLIGATION FOR INCOME TAXES AS THE RESULT OF A TAX POSITION THEY HAVE HISTORICALLY TAKEN ON VARIOUS TAX EXPOSURE ITEMS INCLUDING UNRELATED BUSINESS INCOME OR TAX STATUS. THE SYSTEM HAS EVALUATED THE POSITIONS TAKEN ON ITS FILED TAX RETURNS, AND HAS CONCLUDED NO UNCERTAIN INCOME TAX POSITIONS EXIST AT DECEMBER 31, 2013." 1 X X X X X 0 0 0 0 0 0 0 0 0 KENNETH FERRON DIRECTOR 0 247200 0 0 0 46273 0 80685 0 27965 0 402123 0 0 JOANNE C PARSONS PRESIDENT & CEO 0 122134 0 21500 0 0 0 21774 0 10438 0 175846 0 0 JOANNA SCIANNA COO AND EXECUTIVE DIRECTOR 99060 0 16241 0 0 0 26049 0 9951 0 151301 0 0 0 PART I, LINE 3 EVERY TWO TO THREE YEARS THE COMPENSATION COMMITTEE OF THE COVENANT HEALTH SYSTEMS' BOARD OF DIRECTORS ENGAGES AN EXTERNAL CONSULTANT TO PROVIDE COMPETITIVE MARKET DATA FROM VARIOUS SURVEY SOURCES, WHICH IS USED TO DEVELOP RECOMMENDATIONS FOR CHANGES TO THE COMPENSATION PROGRAM. SINCE 2003, THE COMPENSATION COMMITTEE HAS ENGAGED MERCER HUMAN RESOURCES CONSULTING TO CONDUCT THE ANALYSIS. OBJECTIVES ARE TO ASSESS THE COMPOSITENESS OF THE THE CURRENT TOTAL CASH COMPENSATION LEVELS OF THE SENIOR LEADERSHIP TEAM; DEVELOP MARKET BASED COMPETITIVE SALARY RANGES FOR ALL EXECUTIVE POSITIONS AND ENSURE THAT THE ANNUAL INCENTIVE OPPORTUNITIES, IF THERE ARE ANY, ARE COMPETITIVE AND REASONABLE. A MA HEALTH & EDUCATIONAL FACILITIES AUTHORITY 042456011 57586DBF9 2007-10-30 12891500 ACQUISITION OF YOUVILLE PLACE ASSETS, REFUND MA HEFA SERIES 2002 BONDS 1 0 0 A 12891500 1088527 167083 11635890 2007 0 1 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART VI, SECTION A, LINE 6 COVENANT HEALTH SYSTEMS, INC. IS THE SOLE MEMBER OF YOUVILLE PLACE AND AS SUCH HAS CERTAIN RESERVED RIGHTS. FORM 990, PART VI, SECTION A, LINE 7A COVENANT HEALTH SYSTEMS, INC. IS THE SOLE MEMBER OF YOUVILLE PLACE AND AS SUCH HAS CERTAIN RESERVED RIGHTS. FORM 990, PART VI, SECTION A, LINE 7B COVENANT HEALTH SYSTEMS, INC. IS THE SOLE MEMBER OF YOUVILLE PLACE AND AS SUCH HAS CERTAIN RESERVED RIGHTS TO APPROVE CERTAIN DECISIONS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED IN DETAIL BY THE GOVERNING BODY PRIOR TO BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS FORMAL CORPORATE INTEGRITY POLICIES MANAGED BY THE ON-SITE FACILITIES CORPORATE INTEGRITY OFFICER. FORM 990, PART VI, SECTION B, LINE 15 EVERY 2 TO 3 YEARS THE COMPENSATION COMMITTEE OF THE COVENANT HEALTH SYSTEMS' BOARD OF DIRECTORS ENGAGES AN EXTERNAL CONSULTANT TO PROVIDE COMPETITIVE MARKET DATA FROM VARIOUS SURVEY SOURCES, WHICH IS USED TO DEVELOP RECOMMENDATIONS FOR CHANGES TO THE COMPENSATION PROGRAM. SINCE 2003, THE COMPENSATION COMMITTEE HAS ENGAGED MERCER HUMAN RESOUCES CONSULTING TO CONDUCT THE ANALYSIS. OBJECTIVES ARE TO ASSESS THE COMPOSITENESS OF THE CURRENT TOTAL CASH COMPENSATION LEVELS OF THE SENIOR LEADERSHIP TEAM; DEVELOP MARKET BASED COMPETITIVE SALARY RANGES FOR ALL EXECUTIVE POSITIONS AND ENSURE THAT THE ANNUAL INCENTIVE OPPORTUNITIES, IF THERE ARE ANY, ARE COMPETITIVE AND REASONABLE. FORM 990, PART VI, SECTION C, LINE 19 ALL POLICIES AND FORM 990'S ARE MAINTAINED AT THE FACILITY AND AVAILABLE TO THE PUBLIC FOR INSPECTION UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN TEMPORARILY RESTRICTED NET ASSETS 965,355. NET ASSETS RELEASED FROM RESTRICTION 52,473. COVENANT HEALTH SYSTEMS INC 100 AMES POND ROAD SUITE102 TEWKSBURY MA 01876 222484505 CATHOLIC HEALTHCARE MINISTRY MA 501C3 509(A)(2) 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 COVENANT HEALTH SYSTEMS INC M 64364 CASH