PAULS RUN: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- PAULS RUN (EIN 23-2053395)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-08
- IRS object ID
- 201331289349301318
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-08T14:20:11-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 610 WEST GERMANTOWN PIKE SUITE 400 | AddressLine1 |
| City | PLYMOUTH MEETING | City |
| State | PA | State |
| ZIP Code | 19462 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 232053395 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PAUL'S RUN | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PAUL | NameControl |
| Phone | 2159343000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9896 BUSTLETON AVENUE | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19115 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOHN M BARNUM CFO | Name |
| Title | CFO | Title |
| Phone | 2159343000 | Phone |
| Date Signed | 2013-04-16 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JAMES D WATSON | Name |
| PTIN | P01450300 | PTIN |
| Phone | 2156433900 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JOHN M BARNUM | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9896 BUSTLETON AVENUE | AddressLine1 |
| City | PHILADELPHIA | City |
| State | PA | State |
| ZIP Code | 19115 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 27365688 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Group Exemption Number | 9386 | GroupExemptionNumber |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.PAULSRUN.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1977 | YearFormation |
| State Legal Domicile | PA | StateLegalDomicile |
| Activity Or Mission Description | TO PROVIDE HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO RESIDENTS IN A CONTINUING CARE RETIREMENT COMMUNITY. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 8 | NbrIndependentVotingMembers |
| Total Nbr Employees | 464 | TotalNbrEmployees |
| Total Nbr Volunteers | 389 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 5803 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 6712 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 25666172 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 25714593 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 861691 | InvestmentIncomePriorYear |
| Investment Income Current Year | 478000 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 167479 | OtherRevenuePriorYear |
| Other Revenue Current Year | 190590 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 26701145 | TotalRevenuePriorYear |
| Total Revenue Current Year | 26389895 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 11296504 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 11901081 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 230000 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 12606171 | OtherExpensePriorYear |
| Other Expenses Current Year | 12272449 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 23902675 | TotalExpensesPriorYear |
| Total Expenses Current Year | 24173530 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2798470 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 2216365 | RevenuesLessExpensesCY |
| Total Assets BOY | 40557248 | TotalAssetsBOY |
| Total Assets EOY | 40926421 | TotalAssetsEOY |
| Total Liabilities BOY | 33190241 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 36238859 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 7367007 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 4687562 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | PAUL'S RUN IS A NONPROFIT 501(C)(3) ORGANIZATION THAT OPERATES A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING PERSONAL CARE, NURSING, AND OTHER RELATED SERVICES TO SENIORS IN A FACILITY THAT INCLUDES 256 INDEPENDENT LIVING UNITS, 62 PERSONAL CARE UNITS, AND 120 SKILLED NURSING BEDS. PAUL'S RUN'S FACILITY IS LOCATED IN PHILADELPHIA, PENNSYLVANIA AND ITS PRIMARY SERVICE AREA INCLUDES PHILADELPHIA, PENNSYLVANIA AND SURROUNDING COMMUNITIES. LIBERTY LUTHERAN SERVICES IS A PENNSLYVANIA NONPROFIT ORGANIZATION AND THE SOLE MEMBER OF PAUL'S RUN. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 17069814 | Expense |
| Revenue | 25714593 | Revenue |
| Description | EXPENSES INCURRED OPERATING A CONTINUING CARE RETIREMENT COMMUNITY PROVIDING HOUSING, HEALTHCARE, AND OTHER RELATED SERVICES TO RESIDENTS THROUGH THE OPERATION OF 256 INDEPENDENT LIVING UNITS, 62 ASSISTED LIVING UNITS, AND 120 SKILLED NURSING BEDS. | Description |
| Total Program Service Expense | 17069814 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 1 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 1 | TaxExemptBonds |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBonds |
| Escrow Account | 0 | EscrowAccount |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 23 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 464 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 8 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 0 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | PA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN M BARNUM CFO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2674647745 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7002 BUTLER PIKE | AddressLine1 |
| City | AMBLER | City |
| State | PA | State |
| ZIP Code | 19002 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (15 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|---|
| TED BRUNER | ||||||||
| VICE CHAIR | 0.50 | X | X | 0 | 0 | 0 | ||
| JOHN HECK | ||||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |||
| DAVID HERBSTER | ||||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |||
| CARL HOLMES | ||||||||
| TREASURER | 0.50 | X | X | 0 | 0 | 0 | ||
| FREDERICK HOPKE | ||||||||
| CHAIRMAN | 0.50 | X | X | 0 | 0 | 0 | ||
| NEVIN MANN | ||||||||
| SECRETARY | 0.50 | X | X | 0 | 0 | 0 | ||
| FRANK ROTH | ||||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |||
| GWENDOLYN WEBSTER | ||||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |||
| LUANNE B FISHER | ||||||||
| PRESIDENT/CEO | 37.50 | X | 0 | 353158 | 22253 | |||
| JOHN M BARNUM | ||||||||
| CFO/VP OF FINANCE | 37.50 | X | 0 | 193720 | 24544 | |||
| KATRINA KANE WISE | ||||||||
| VP/EXECUTIVE DIRECTOR | 37.50 | 0 | 175712 | 6222 | X | |||
| JOAN MYERS | ||||||||
| VP- ORGANIZATIONAL DEVELOPMENT | 37.50 | 0 | 142089 | 17490 | X | |||
| KAREN CONNELLY | ||||||||
| DIRECTOR OF NURSING | 37.50 | 101095 | 0 | 13622 | X | |||
| MARY E LINDE | ||||||||
| DIRECTOR OF HEALTH SERVICES | 37.50 | 0 | 105034 | 14434 | X | |||
| MICHAEL BOOTH | ||||||||
| DIRECTOR OF MARKETING | 37.50 | 0 | 120441 | 19949 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 101095 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1090154 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 118514 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| LIBERTY LUTHERAN SERVICES | |||||
| 7002 BUTLER PIKE | AMBLER | PA | 19002 | MANAGEMENT | 2517956 |
| SODEXO INC AND AFFILIATES | |||||
| PO BOX 360170 | PITTSBURGH | PA | 15251 | DINING | 1596820 |
| GENESIS ELDERCARE REHAB SERVICES | |||||
| PO BOX 7247-6524 | PHILADELPHIA | PA | 19170 | THERAPY | 1100817 |
| ACCENT CONTRACTORS | |||||
| 874 COTTAGE STREET | PHILADELPHIA | PA | 19136 | CONSTRUCTION | 388636 |
| LIBERTY LUTHERAN FOUNDATION | |||||
| 7002 BUTLER PIKE | AMBLER | PA | 19002 | DEVELOPMENT | 230000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 5 | NumberOfContractorsGT100K |
| All Other Contributions | 6712 | AllOtherContributions |
| Total Contributions | 6712 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (4 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| SKILLED NURSING CARE | 623000 | 13565636 | 13565636 |
| INDEPENDENT LIVING | 623000 | 8289013 | 8289013 |
| PERSONAL CARE | 623000 | 3791315 | 3791315 |
| AMORTIZATION OF ENTRAN | 623000 | 68629 | 68629 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 25714593 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 309346 | TotalRevenueColumn |
| Exclusion | $309,346 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 136186 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 136186 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 136186 | TotalRevenueColumn |
| Exclusion | $136,186 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1144447 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 975793 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 168654 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 168654 | TotalRevenueColumn |
| Exclusion | $168,654 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| MEDICAL OFFICE STAFFIN | 623000 | 27024 | $27,024 |
| MEALS | 623000 | 9324 | $9,324 |
| VENDING MACHINE INCOME | 623000 | 1196 | $1,196 |
Miscellaneous Revenue MiscellaneousRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 16860 | TotalRevenueColumn |
| Exclusion | $16,860 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 54404 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 26389895 | TotalRevenueColumn |
| Related Or Exempt Function Income | 25714593 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $668,590 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9277424 | Total |
| Program Services | 8782176 | ProgramServices |
| Management And General | 495248 | ManagementAndGeneral |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226480 | Total |
| Management And General | 226480 | ManagementAndGeneral |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1719723 | Total |
| Program Services | 1495286 | ProgramServices |
| Management And General | 224437 | ManagementAndGeneral |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 677454 | Total |
| Program Services | 645689 | ProgramServices |
| Management And General | 31765 | ManagementAndGeneral |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2541179 | Total |
| Management And General | 2311179 | ManagementAndGeneral |
| Fundraising | 230000 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 37293 | Total |
| Management And General | 37293 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 23250 | Total |
| Management And General | 23250 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2291832 | Total |
| Program Services | 2086041 | ProgramServices |
| Management And General | 205791 | ManagementAndGeneral |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 116101 | Total |
| Program Services | 116101 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 900995 | Total |
| Program Services | 648705 | ProgramServices |
| Management And General | 252290 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1056473 | Total |
| Program Services | 1023929 | ProgramServices |
| Management And General | 32544 | ManagementAndGeneral |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3723 | Total |
| Program Services | 3010 | ProgramServices |
| Management And General | 713 | ManagementAndGeneral |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9227 | Total |
| Program Services | 1343 | ProgramServices |
| Management And General | 7884 | ManagementAndGeneral |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1140769 | Total |
| Management And General | 1140769 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1457582 | Total |
| Management And General | 1457582 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 403551 | Total |
| Program Services | 53592 | ProgramServices |
| Management And General | 349959 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| FOOD | 1031568 | 1031568 | |
| MEDICAL SUPPLIES | 932506 | 932506 | |
| NURSING HOME ASSESSMENT | 249868 | 249868 | |
| BAD DEBT | 76532 | 76532 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24173530 | Total |
| Program Services | 17069814 | ProgramServices |
| Management And General | 6873716 | ManagementAndGeneral |
| Fundraising | 230000 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 189156 | BOY |
| EOY | 188812 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1079661 | BOY |
| EOY | 956575 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33508 | BOY |
| EOY | 28433 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 98380 | BOY |
| EOY | 99863 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 33563259 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 23024436 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 10701232 | BOY |
| EOY | 10538823 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 13675126 | BOY |
| EOY | 13106271 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14780185 | BOY |
| EOY | 16007644 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40557248 | BOY |
| EOY | 40926421 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2308632 | BOY |
| EOY | 2264434 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 318918 | BOY |
| EOY | 277246 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 26656500 | BOY |
| EOY | 26126750 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 809046 | BOY |
| EOY | 787066 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3097145 | BOY |
| EOY | 6783363 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 33190241 | BOY |
| EOY | 36238859 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7362795 | BOY |
| EOY | 4683220 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4212 | BOY |
| EOY | 4342 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7367007 | BOY |
| EOY | 4687562 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 40557248 | BOY |
| EOY | 40926421 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 2216365 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -4895810 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Both | X | FinancialStatementBoth |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | X | PubliclySupportedOrg509a2 |
Gifts Grants Contrib Received509 GiftsGrantsContribReceived509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 5431 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 5263 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 7310 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 5803 | CurrentTaxYearMinus1Year |
| Current Tax Year | 6712 | CurrentTaxYear |
| Total | 30519 | Total |
Gross Receipts From Admissions GrossReceiptsFromAdmissions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22403677 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 23723120 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 25186834 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 25733340 | CurrentTaxYearMinus1Year |
| Current Tax Year | 25714495 | CurrentTaxYear |
| Total | 122761466 | Total |
Total509 Total509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22409108 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 23728383 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 25194144 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 25739143 | CurrentTaxYearMinus1Year |
| Current Tax Year | 25721207 | CurrentTaxYear |
| Total | 122791985 | Total |
Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Amts From Subst Contributors AmtsFromSubstContributors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Support From DQ Ps Etc SupportFromDQPsEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | 122791985 | PublicSupportTotal509 |
Gross Investment Income509 GrossInvestmentIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 459244 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 473883 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 380313 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 399015 | CurrentTaxYearMinus1Year |
| Current Tax Year | 445532 | CurrentTaxYear |
| Total | 2157987 | Total |
Investment Income And UBTI InvestmentIncomeAndUBTI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 459244 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 473883 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 380313 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 399015 | CurrentTaxYearMinus1Year |
| Current Tax Year | 445532 | CurrentTaxYear |
| Total | 2157987 | Total |
Other Income509 OtherIncome509
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 30770 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 441405 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 18723 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 40471 | CurrentTaxYearMinus1Year |
| Current Tax Year | 54502 | CurrentTaxYear |
| Total | 585871 | Total |
Total Support Total TotalSupportTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 22899122 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 24643671 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 25593180 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 26178629 | CurrentTaxYearMinus1Year |
| Current Tax Year | 26221241 | CurrentTaxYear |
| Total | 125535843 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Percentage509 | 0.97810 | PublicSupportPercentage509 |
| Prior Year Support Percentage | 0.97770 | PriorYearSupportPercentage |
| Investment Income Percentage | 0.01720 | InvestmentIncomePercentage |
| Prior Yr Invest Income Percentage | 0.01760 | PriorYrInvestIncomePercentage |
| Thirty Three Percnt Tests CY509 | X | ThirtyThreePercntTestsCY509 |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtc |
| Included On FS | 1 | IncludedOnFS |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1236383 | OtherCostOrOtherBasis |
| Book Value | 1236383 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 26055203 | OtherCostOrOtherBasis |
| Depreciation | 18223073 | Depreciation |
| Book Value | 7832130 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 6102885 | OtherCostOrOtherBasis |
| Depreciation | 4712336 | Depreciation |
| Book Value | 1390549 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 168788 | OtherCostOrOtherBasis |
| Depreciation | 89027 | Depreciation |
| Book Value | 79761 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 10538823 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEFERRED FINANCING COSTS | 347739 |
| INTEREST IN NET ASSETS OF AFFILIATE | 6638103 |
| DUE FROM AFFILIATES | 8475180 |
| OTHER RECEIVABLE | 475372 |
| ASSETS LIMITED TO USE | 71250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 16007644 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| OBLIGATION UNDER SWAP AGREEMENTS | $6,782,607 |
| DUE FROM AFFILIATES | $756 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 6783363 | TotalOfAmounts |
| Total Revenue | 26389895 | TotalRevenue |
| Total Expenses | 24173530 | TotalExpenses |
| Excess Or Deficit For Year | 2216365 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | -999691 | NetUnrealizedGLOnInvestments |
| Other | -$3,896,119 | OtherAmount |
| Total Adjustments | -4895810 | TotalAdjustments |
| Excess Or Deficit Per FS | -2679445 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 21494085 | TotRevenueEtcAuditedFinclStmt |
| Other Revenues | -4895810 | OtherRevenues |
| Revenue Not Rptd F990 | -4895810 | RevenueNotRptdF990 |
| Revenue Subtotal | 26389895 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 26389895 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 24173530 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 24173530 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 24173530 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (4 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART IV, LINE 2B: | THE SECURITY DEPOSITS ARE FOR RESIDENTS IN PERSONAL CARE AND INDEPENDENT LIVING UNITS. THE DEPOSITS ARE EQUIVALENT TO ONE MONTH'S WORTH OF RENT UPON ADMISSION AND IS REFUNDABLE UPON PERMANENT TRANSFER TO A SNF, LEAVING THE COMMUNITY OR DUE TO DEATH. | |
| PART X: | PAUL'S RUN IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. PAUL'S RUN FOLLOWS PROVISIONS OF THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE APPLICATION OF THESE PROVISIONS HAS NO IMPACT ON PAUL'S RUN'S FINANCIAL STATEMENTS. PAUL'S RUN IS ALSO EXEMPT FROM STATE SALES TAX. PAUL'S RUN IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX EXEMPT STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. THE TAX RETURNS FOR THE FISCAL YEARS 2009 TO 2011 ARE OPEN TO EXAMINATION BY FEDERAL AND STATE AUTHORITIES. | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: |
| CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS -3,705,377. CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION -190,742. TOTAL TO SCHEDULE D, PART XI, LINE 8: -3,896,119. | PART XI, LINE 8 - OTHER ADJUSTMENTS: | |
| CHANGE IN VALUE OF SWAP AGREEMENTS -3,705,377. CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION -190,742. NET UNREALIZED LOSS ON INVESTMENTS -999,691. | PART XII, LINE 2D - OTHER ADJUSTMENTS: |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 1 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LUANNE B FISHER | |||||||||||||
| 0 | 330443 | 0 | 22715 | 0 | 0 | 0 | 20476 | 0 | 1777 | 0 | 375411 | 0 | 0 |
| JOHN M BARNUM | |||||||||||||
| 0 | 193720 | 0 | 0 | 0 | 0 | 0 | 16500 | 0 | 8044 | 0 | 218264 | 0 | 0 |
| KATRINA KANE WISE | |||||||||||||
| 0 | 175712 | 0 | 0 | 0 | 0 | 0 | 4685 | 0 | 1537 | 0 | 181934 | 0 | 0 |
| JOAN MYERS | |||||||||||||
| 0 | 137089 | 0 | 5000 | 0 | 0 | 0 | 3334 | 0 | 14156 | 0 | 159579 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| PART I, LINE 7 | BONUSES WERE PAID TO THE DIR. OF MARKETING BASED ON NUMBER OF RESIDENTS MOVED IN AND REACHING OCCUPANCY TARGETS FOR EACH LEVEL OF CARE. IN FISCAL YEAR 2012, THE DIR. OF MARKETING RECEIVED $62,850. | |
| PART III | COMPENSATION POLICY OF RELATED ORGANIZATION: ALL TOP MANAGEMENT OFFICIALS AND KEY EMPLOYEES ARE THE EMPLOYEES OF ITS PARENT ORGANIZATION. THE FOLLOWING POLICIES ARE APPLIED TO THE PARENT AND ITS AFFILIATES: THE EXECUTIVE COMMITTEE APPROVES THE ANNUAL REVIEW AND COMPENSATION OF THE CEO. THE CFO AND EXECUTIVE DIRECTORS ARE REVIEWED ANNUALLY BY THE CEO, WITH COMPARABLE SALARY SURVEYS. THE LAST COMPARABLE SALARY SURVEY WAS DONE IN 2010. THE CEO REPORTS THE ANNUAL EXECUTIVE REVIEWS TO THE EXECUTIVE COMMITTEE. | SUPPLEMENTAL INFORMATION |
Schedule K IRS990ScheduleK
Form990 Schedule K Part I Form990ScheduleKPartI
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Issuer EIN | 232237287 | IssuerEIN |
| CUSIP Number | 7178182T4 | CUSIPNumber |
| Date Issued | 2008-06-03 | DateIssued |
| Issue Price | 28135250 | IssuePrice |
| Description Of Purpose | REFINANCE EXISTING BONDS, PAY FOR RENOVATIONS, COST OF BONDS | DescriptionOfPurpose |
| Defeased | 0 | Defeased |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuer |
| Pool Financing | 0 | PoolFinancing |
Form990 Schedule K Part II Form990ScheduleKPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amount Retired | 2008500 | AmountRetired |
| Total Proceeds | 28135250 | TotalProceeds |
| Refunding Escrow | 23064839 | RefundingEscrow |
| Issuance Costs From Proceeds | 394759 | IssuanceCostsFromProceeds |
| Working Capital Expenditures | 75102 | WorkingCapitalExpenditures |
| Capital Expenditures | 4600550 | CapitalExpenditures |
| Year Of Subst Completion | 2008 | YearOfSubstCompletion |
| Current Refunding | 1 | CurrentRefunding |
| Advance Refunding | 0 | AdvanceRefunding |
| Final Allocation Made | 1 | FinalAllocationMade |
| Adequate Books And Recds Maintaind | 1 | AdequateBooksAndRecdsMaintaind |
Form990 Schedule K Part III Form990ScheduleKPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Owning Bond Financed Property | 0 | OwningBondFinancedProperty |
| Any Lease Arrangements | 0 | AnyLeaseArrangements |
| Mngment Cntrct Bond Financd Prprty | 0 | MngmentCntrctBondFinancdPrprty |
| Any Research Agreements | 0 | AnyResearchAgreements |
| Prcntge Prvt Business Use By Others | 0.00000 | PrcntgePrvtBusinessUseByOthers |
| Percentage Of Prvt Business Re UBI | 0.00000 | PercentageOfPrvtBusinessReUBI |
| Total Private Business Use | 0.00000 | TotalPrivateBusinessUse |
| Post Issuance Compliance Procdrs | 0 | PostIssuanceComplianceProcdrs |
Form990 Schedule K Part IV Form990ScheduleKPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8038 T Filed | 0 | Form8038TFiled |
| Variable Rate Issue | 1 | VariableRateIssue |
| Hedge Identified In Books And Recds | 1 | HedgeIdentifiedInBooksAndRecds |
Name Of Hedge Provider NameOfHedgeProvider
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1 |
| Business Name Line2 | CAPITAL SERVICES | BusinessNameLine2 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 23.000000000000 | TermOfHedge |
| Superintegrated Hedge | 0 | SuperintegratedHedge |
| Hedge Terminated | 0 | HedgeTerminated |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGIC |
| Gross Proceeds Invested | 0 | GrossProceedsInvested |
| Exception To Rebate | 0 | ExceptionToRebate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fed Tax Requirements Compliance | X | FedTaxRequirementsCompliance |
Form990 Schedule K Part VI Form990ScheduleKPartVI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | SCHEDULE K, PART IV, LINE 3C | Identifier |
| Explanation | THERE ARE TWO SWAP AGREEMENTS. THE FIRST SWAP AGREEMENT HAS A TRADE DATE OF 12/15/2004, AND EFFECTIVE DATE OF 5/16/2006 AND A TERMINATION DATE OF 5/1/2034. THIS SUPPORTED A PRIOR 2004 BOND ISSUE. WHEN THE 2004 BONDS WERE REFINANCED IN 2008, THE SWAP AGREEMENT WAS AMENDED TO SUPPORT THE 2008 BOND ISSUE. THE SECOND SWAP HAS A TRADE DATE OF 5/15/2008, AND AN EFFECTIVE DATE OF 6/3/2008, AND A TERMINATION DATE OF 5/1/2038. | Explanation |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | PAUL'S RUN DESIGNATES ITS ADMINISTRATIVE/MANAGEMENT AND FUNDRAISING FUNCTIONS TO ITS PARENT AND AFFILIATED ORGANIZATIONS (BOTH ARE NOT-FOR-PROFIT CORPORATIONS) UNDER THE AFFILIATE AGREEMENT DATED JANUARY 1, 2001. IN ANNOUNCEMENT 2001-33, THE TOTAL FEES INCURRED FOR THESE SERVICES DURING THE REPORTING YEAR WERE AS FOLLOWS: $2,311,179 TO ITS PARENT ORGANIZATION AND REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A, COLUMN C AND $230,000 TO ITS AFFILIATED ORGANIZATION AND REPORTED ON FORM 990, PAGE 10, PART IX, LINE 11A, COLUMN D. | |
| FORM 990, PART VI, SECTION A, LINE 6 | THE CORPORATION SHALL HAVE ONE MEMBER. THE SOLE MEMBER SHOULD BE LIBERTY LUTHERAN SERVICES. | |
| FORM 990, PART VI, SECTION A, LINE 7B | DECISIONS SUBJECTED TO THE APPROVAL OF THE MEMBER ARE REQUIRED FOR ANY OF THE FOLLOWING ACTIONS: ANY MERGER, DISSOLUTION, OR LIQUIDATION OF THE CORPORATION; ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION OR BYLAWS; THE SALE, PLEDGE, LEASE OR OTHER TRANSFER OF ASSETS OF THE CORPORATION; APPROVAL OF THE CORPORATION'S ANNUAL CAPITAL AND OPERATING BUDGETS; ISSUANCE OF DEBT GREATER THAN FIFTY THOUSAND ($50,000) BY THE CORPORATION; THE EXECUTION OF ANY CONTRACT; AND MATERIAL CHANGES TO THE BUSINESS OF THE CORPORATION. | |
| FORM 990, PART VI, SECTION B, LINE 11 | NO REVIEW WAS OR WILL BE CONDUCTED BY THE GOVERNING BOARD IN ADVANCE OF FILING THE FORM 990. ALL FORM 990'S ARE MADE AVAILABLE TO THE BOARD AFTER FILING. HOWEVER, THE FINAL FORM 990 IS REVIEWED IN DETAIL FOR ACCURACY AND SIGNED BY THE CHIEF FINANCIAL OFFICER OF LIBERTY LUTHERAN SERVICES (PARENT ORGANIZATION). | |
| FORM 990, PART VI, SECTION B, LINE 12C | EVERY YEAR THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH THE BOARD AND SENIOR LEVEL STAFF. THEY ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE. THE CORPORATE COMPLIANCE OFFICER REVIEWS ALL POTENTIAL STAFF CONFLICTS. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS ALL BOARD CONFLICTS. WHEN A CONFLICT OF INTEREST ARISES, THE BOARD SHALL PERMIT THE INTERESTED PERSON TO MAKE A PRESENTATION AT THE BOARD MEETING AND AFTER THE PRESENTATION, THE INTERESTED PERSON LEAVES AND THE BOARD VOTES ON AN ARRANGEMENT THAT RESULTS IN THE CONFLICT OF INTEREST. IF APPROPRIATE, A NON-INTERESTED PERSON OR COMMITTEE INVESTIGATES ALTERNATIVES TO THE PROPOSED ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE BOARD WILL DETERMINE IF A MORE ADVANTAGEOUS ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS ARRANGEMENT IS NOT REASONABLY ATTAINABLE UNDER CIRCUMSTANCES THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST, THE BOARD WILL DETERMINE BY MAJORITY VOTE THE ARRANGEMENT IN THE CORPORATION'S BEST INTEREST AND FOR ITS BENEFIT, AND/OR IF IT IS REASONABLE AND FAIR TO THE CORPORATION. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -999,691. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP AGREEMENTS -3,705,377. CHANGE IN INTEREST IN NET ASSETS OF FOUNDATION -190,742. TOTAL TO FORM 990, PART XI, LINE 5: -4,895,810. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XI, LINE 2C | THE ORGANIZATION HAS NOT CHANGED ITS OVERSIGHT OR SELECTION PROCESS DURING THE FILING YEAR. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (8 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LIBERTY LUTHERAN SERVICES (PARENT) | |||||||||||
| 7002 BUTLER PIKE | AMBLER | PA | 19002 | 233059658 | TO PROVIDE TAX EXEMPT SUBSIDIARIES WITH MGMT AND ADMIN. SERVICES | PA | 501(C)(3) | LINE 1 | N/A | 0 | |
| LIBERTY COMMUNITY SERVICES | |||||||||||
| 250 N BETHLEHEM PIKE | AMBLER | PA | 19002 | 203630505 | TO PROVIDE VARIOUS SERVICES TO SENIORS IN THEIR HOMES | PA | 501(C)(3) | LINE 1 | 0 | AFFILIATE | |
| LIBERTY LUTHERAN FOUNDATION | |||||||||||
| 7002 BUTLER PIKE | AMBLER | PA | 19002 | 232665839 | TO IMPLEMENT AND ADMINISTER FUNDRAISING ACTIVITIES FOR AFFILIATES | PA | 501(C)(3) | LINE 11A, I | 0 | AFFILIATE | |
| LUTHERAN CHILDREN AND FAMILY SERVICE OF EASTERN PENNSYLVANIA | |||||||||||
| 5401 RISING SUN AVENUE | PHILADELPHIA | PA | 19120 | 231696007 | TO PROVIDE SERVICE TO ALL AGES THROUGH A VARIETY OF PROGRAMS | PA | 501(C)(3) | LINE 7 | 0 | AFFILIATE | |
| MARY J DREXEL HOME | |||||||||||
| 238 BELMONT AVENUE | BALA CYNWYD | PA | 19004 | 230536370 | CCRC WHOSE OPS WERE SUSPENDED DURING PLANNED RENOVATIONS | PA | 501(C)(3) | LINE 9 | 0 | AFFILIATE | |
| ARTMAN LUTHERAN HOME | |||||||||||
| 250 N BETHLEHEM PIKE | AMBLER | PA | 19002 | 231401548 | CCRC, PROVIDING NURSING & OTHER RELATED SERVICES TO SENIORS | PA | 501(C)(3) | LINE 9 | 0 | AFFILIATE | |
| LUTHERAN CONGREGATIONAL SERVICES | |||||||||||
| 1923 HANOVER AVENUE | ALLENTOWN | PA | 18109 | 231894019 | TO PROVIDE DISASTER RESPONSE AND COMMUNITY OUTREACH | PA | 501(C)(3) | LINE 1 | 0 | AFFILIATE | |
| LIBERTY LUTHERAN HOUSING DEVELOPMENT CORP | |||||||||||
| 260 LIONS HILL ROAD | STATE COLLEGE | PA | 16803 | 223876595 | CCRC, PROVIDING NURSING & OTHER RELATED SERVICES TO SENIORS | PA | 501(C)(3) | LINE 9 | 0 | AFFILIATE | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 1 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 1 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 1 | OtherTransferFromOtherOrg |