2013-07-29T09:54:40-05:00 2012-12-31 131639826 EISNERAMPER LLP 101 WEST AVENUE PO BOX 458 JENKINTOWN PA 190460458 990 2012-01-01 232324586 BEAUMONT RETIREMENT SERVICES INC BEAU 6105267000 601 NORTH ITHAN AVENUE BRYN MAWR PA 19010 SUSAN KENDRA 6105267000 2013-07-17 1 DAVID A GRUBER P00010875 2158818800 2012 2016-02-24 21:20:13Z SUSAN KENDRA 601 NORTH ITHAN AVENUE BRYN MAWR PA 19010 20911769 0 X WWW.BEAUMONTRETIREMENT.COM X 1984 PA FULFILL THE HEALTH, SOCIAL AND RECREATIONAL NEEDS OF THOSE PERSONS WHO DESIRE TO ADHERE TO THE VALUES AND CULTURE THEY PREVIOUSLY ENJOYED. BEAUMONT'S OBJECTIVES ARE TO ENABLE RESIDENTS TO LIVE A MEANINGFUL, PLEASANT, REWARDING AND DIGNIFIED LIFE IN A FRIENDLY ATMOSPHERE; TO SATISFY THE RESIDENTS' NEED FOR INDEPENDENCE AND PRIVACY THROUGH COOPERATIVE HOME OWNERSHIP; TO PROVIDE THEM WITH QUALITY HEALTH CARE AND SECURITY; AND TO MAINTAIN AMONG RESIDENTS AND STAFF A SPIRIT OF MUTUAL CONCERN IN ORDER TO PERPETUATE THE SUPERIOR QUALITY OF LIFE AT BEAUMONT. 6 4 286 10 0 0 99474 153323 15203585 15518020 270275 1031592 358616 348356 15931950 17051291 0 0 0 0 10568853 10794254 0 0 0 4508654 4476037 15077507 15270291 854443 1781000 12867449 12800067 2007965 2059702 10859484 10740365 X ENABLE RESIDENTS TO LIVE A MEANINGFUL, PLEASANT, REWARDING AND DIGNIFIED LIFE IN A FRIENDLY ATMOSPHERE; TO SATISFY THE RESIDENTS' NEED FOR INDEPENDENCE AND PRIVACY THROUGH COOPERATIVE HOME OWNERSHIP; TO PROVIDE THEM WITH QUALITY HEALTH CARE AND SECURITY; AND TO MAINTAIN AMONG RESIDENTS AND STAFF A SPIRIT OF MUTUAL CONCERN IN ORDER TO PERPETUATE THE SUPERIOR QUALITY OF LIFE AT BEAUMONT. 0 0 13111306 15866376 PROVIDING MEDICAL AND NON-MEDICAL SERVICES TO THE ELDERLY RESIDENTS OF BEAUMONT; INCLUDING THE TEMPORARY OR PERMANENT OCCUPANCY IN THE HEALTH CARE CENTER AND ASSISTED LIVING FACILITYAND TO OPERATE THE PROJECT FOR THE CO-OP. 13111306 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 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 23 0 1 286 1 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X SUSAN KENDRA CFO 6105267000 601 NORTH ITHAN AVENUE BRYN MAWR PA 19010 MR FRED BRENNER 2.00 X 0 0 0 MR JOHN BUTTERWORTH 2.00 X 0 0 0 MR JOSEPH FORTENBAUGH III 40.00 X X 406343 0 896 MR C JAMES LUTHER 1.50 X X 0 0 0 MR EDWARD ROSEN 1.50 X X 0 0 0 MR JOHN WOOLFORD 1.50 X X 0 0 0 MR JAMES EGAN 1.50 X 0 0 0 MS SUSAN KENDRA 40.00 X 105813 0 13499 MRS LINDA LEMISCH 40.00 X 130346 0 6385 MARITZA FARQUHARSON 40.00 X 111249 0 12480 753751 0 33260 4 0 1 0 WEINTRAUB TELECOMM LLC 1002 WEST 9TH AVENUE KING OF PRUSSIA PA 19046 WIFI SERVICES AND SUPPORT FOR CABLE 436485 REHABILATION AFFILIATES 240 RADNOR CHESTER RD STE 260 RADNOR PA 19087 PT, OT & SPEECH THERAPIES 263386 WORTH & COMPANY INC 6263 KELLERS CHURCH ROAD PIPERSVILLE PA 18947 HVAC SERVICES 262503 MORRIS & CLEMM PC 527 PLYMOUTH ROAD 416 PLYMOUTH MEETING PA 19462 POND LEGAL EXPENSES 229472 US FOODSERVICE INC PO BOX 33101 NEWARK NJ 07188 FOODSERVICE DISTRIBUTOR 217109 5 153323 153323 SERVICE CHARGES 623990 7914387 7914387 RESIDENT BILLINGS 623990 3908033 3908033 CARE FACILITY 623990 2734806 2734806 ASSISTED LIVING FACILITY 623990 682494 682494 ADMISSION FEES 623990 278300 278300 15518020 152191 152191 4739879 3860478 879401 879401 879401 OTHER PATIENT SERVICE REVENUE 623990 348356 348356 348356 17051291 15866376 0 1031592 526551 105310 421241 8210164 7685163 525001 297644 272619 25025 1061146 1013778 47368 698749 566740 132009 68994 68994 37334 37334 92463 92463 216343 216343 10097 10097 225886 225886 18249 18249 172560 172560 172387 172387 PURCHASED SERVICES 895559 842232 53327 FOOD COSTS 848829 848829 PROGRAM SUPPLIES 524831 494204 30627 MISCELLANEOUS 448115 249026 199089 744390 524247 220143 15270291 13111306 2158985 0 700 700 1883029 3032078 342019 503329 109863 95579 101518 129507 2748255 1391033 2140112 1357222 6190297 7681652 1825385 274526 0 12867449 12800067 1562188 1793153 433207 221984 12570 44565 2007965 2059702 X 10105636 9965437 482736 503816 271112 271112 10859484 10740365 12867449 12800067 X 1781000 -221599 -1678520 X X 0 1 X 1 0 X 289832 318374 56926 99474 153323 917929 13692057 14046208 14713379 15203585 15518020 73173249 13981889 14364582 14770305 15303059 15671343 74091178 10030 10000 17000 17000 54030 0 10030 10000 17000 17000 54030 74037148 403897 48985 199058 206147 152191 1010278 403897 48985 199058 206147 152191 1010278 306272 294466 293825 358616 348356 1601535 14692058 14708033 15263188 15867822 16171890 76702991 0.96520 0.94910 0.01320 0.02890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 363408 31620 17589 38608 374009 357711 34223 2249 30775 363408 379856 9550 12727 44422 357711 359918 18177 19904 18143 379856 288206 144548 -44407 28429 359918 0.72490 0.27510 0 0 2152103 1111914 1040189 490045 279119 210926 106107 106107 1357222 DUE TO BEAUMONT RETIREMENT COMMUNITY 44565 44565 X 16829692 -221599 -221599 17051291 0 17051291 15079482 0 15079482 190809 190809 15270291 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR EMPLOYEE SCHOLARSHIPS,BENEFITS AND TRAINING. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE INTERNAL REVENUE SERVICE ("IRS") HAS CLASSIFIED SERVICES AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("CODE"), AND AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE CODE. ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE SERVICES, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2012 AND 2011, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE FINANCIAL STATEMENTS. SERVICES RECOGNIZES ACCRUED INTEREST AND PENALTIES ASSOCIATED WITH UNCERTAIN TAX POSITIONS, IF ANY. THERE WAS NO INCOME TAX RELATED INTEREST OR PENALTIES RECORDED FOR THE YEARS ENDED DECEMBER 31, 2012 AND 2011. THE INCOME TAX RETURNS OF SERVICES FOR DECEMBER 31, 2009, 2010 AND 2011, ARE SUBJECT TO EXAMINATION BY THE IRS AND OTHER TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XII, LINE 4B - OTHER ADJUSTMENTS: DEPRECIATION 172,560. INTEREST EXPENSE 18,249. X X X 0 0 0 0 0 0 0 0 0 MR JOSEPH FORTENBAUGH III 315375 0 30919 0 60049 0 0 0 896 0 407239 0 0 0 A NARBERTH BOROUGH 233077285 2003-12-31 2700000 RENOVATION OF SKILLED NURSING FACILITY. 0 0 0 A 2478016 2700000 2700000 2005 0 0 1 1 A 0 0 0 0 1 0 0 A 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION WORKS IN CONJUNCTION WITH THE ORGANIZATION'S INDEPENDENT CPAS TO COMPLETE A DRAFT OF THE FORM 990. THE COMPANY'S CHIEF FINANCIAL OFFICER FIRST COMPLETES A FORM 990 ORGANIZER DEVELOPED BY THE INDEPENDENT CPAS, WHICH ADDRESSES THE QUESTIONS ON FORM 990. AFTER THE QUESTIONAIRE IS RETURNED TO OUR CPAS THEY COMPLETE A DRAFT 990. THE DRAFT IS REVIEWED BY THE CHIEF FINANCIAL OFFICER. A SECOND DRAFT OF FORM 990 IS THEN SENT TO THE GOVERNING BODY WHICH DISCUSSES IT. IF THE FINANCE COMMITTEE HAS CHANGES, THE CHIEF FINANCIAL OFFICER DISCUSSES THEM WITH THE CPAS AND THEY ARE INCORPORATED INTO THE RETURN, IF APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS AND MANAGERS ARE REQUIRED TO PROVIDE DETAILS ANNUALLY OF CONFLICTS OF INTEREST. IF THERE ARE NONE, THEY ARE REQUIRED TO SIGN OFF ANNUALLY AS SUCH. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION'S EXECUTIVE COMMITTEE MEETS ANNUALLY AND REVIEWS LOCAL AND REGIONAL SALARY AND BENEFIT SURVEYS ALONG WITH THE CURRENT SALARY AND BENEFIT PACKAGES OF THE OFFICERS. AFTER ALL OF THE DATA IS ANALYZED, THE EXECUTIVE COMMITTEE APPROVES OFFICERS' SALARY INCREASES AND BENEFIT PACKAGES FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S TAX RETURNS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT ITS ADMINISTRATIVE OFFICE UPON REQUEST. IN ADDITION, THE COPIES OF THE GOVERNING DOCUMENTS ARE GIVEN TO NEW MEMBERS IN ADVANCE OF THEIR ADMISSION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CAPITAL FUND PURCHASES -1,678,520. FORM 990, PART XI, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANTS. THIS PROCESS IS UNCHANGED FROM THE PRIOR YEAR. BEAUMONT RETIREMENT COMMUNITY 601 N ITHAN AVENUE BRYN MAWR PA 19010 232324587 LEASES REAL ESTATE PA N/A C 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 BEAUMONT RETIREMENT COMMUNITY INC K 1 CASH BEAUMONT RETIREMENT COMMUNITY INC R 2100321 CASH