2012-05-04T14:42:13-05:00 2011-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2011-01-01 210634576 HEBREW OLD AGE CENTER OF ATLANTIC CITY T/A SEASHORE GARDENS LIVING CENTER HEBR 6094044848 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 08205 MARTIN KLEIN 6094044848 2012-05-04 1 DAVID L STAFFORD CPA P00634128 6096899700 2011 2016-02-24 21:20:13Z MARTIN KLEIN 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 08205 13697313 0 X WWW.SEASHOREGARDENS.ORG X 1934 NJ CARE FOR THE ELDERLY 32 30 245 0 0 0 18909 10409 13429971 13361835 56026 51077 260908 251959 13765814 13675280 0 0 0 0 7842037 7580737 0 0 28943 6121015 6309498 13963052 13890235 -197238 -214955 29616737 29251361 31336134 31164713 -1719397 -1913352 X SEASHORE GARDENS LIVING CENTER CONTINUOUSLY STRIVES TO PROVIDE THE FINEST QUALITY OF HEALTH CARE AND SUPPORTIVE SERVICES TO OUR RESIDENTS BY: (1) CREATING A CARING AND COMPASSIONATE ATMOSPHERE (2) PROVIDING A DEDICATED STAFF OF PROFESSIONALS WHO UNDERSTAND THE NEEDS OF THE ELDERLY (3) ENCOURAGING RESIDENT AND FAMILY INVOLVEMENT AND PARTICIPATION (4) UTILIZING AVAILABLE COMMUNITY RESOURCES 0 0 12357870 13613794 PROVISION OF FOOD AND LODGING FOR ELDERLY JEWISH AND NON JEWISH RESIDENTS PLUS CARING FOR THEIR PHYSICAL AND EMOTIONAL NEEDS. 12357870 1 0 0 0 0 0 0 0 0 1 0 0 1 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 0 1 15 0 1 245 1 0 0 0 0 0 0 0 0 0 0 X 32 30 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X MARTIN KLEIN 6093455941 22 WEST JIMMIE LEEDS ROAD GALLOWAY NJ 08205 HOWARD BACHARACH 1.00 X 0 0 0 CY BALTUS 1.00 X 0 0 0 ADRIENNE BEINFEST 1.00 X 0 0 0 HOWARD BERNSTEIN 1.00 X 0 0 0 SHIRLEY BERNSTEIN 1.00 X 0 0 0 SHELLEY BERNSTEIN 2.00 X X 0 0 0 NORMA BLECKER 1.00 X 0 0 0 RICHARD COHEN CPA 1.00 X 0 0 0 JEFFREY DELSON DDS 2.00 X X 0 0 0 SINDY O FINKELSON ESQ 1.00 X 0 0 0 SUZANNE SINGER 1.00 X 0 0 0 JASON GOLDSTEIN 1.00 X X 0 0 0 SHARON HARRIS-ZLOTNICK 1.00 X 0 0 0 MICHAEL HYETT ESQ 1.00 X 0 0 0 FRAN KAPLAN 1.00 X 0 0 0 DAVID KARP 2.00 X X 0 0 0 DR GARY KELMAN 1.00 X 0 0 0 JIM DINE 1.00 X 0 0 0 BILL KOHLER 1.00 X X 0 0 0 RABBI AARON KRAUSS 1.00 X 0 0 0 MAX LANDSMAN 1.00 X 0 0 0 MARTHA MOROWITZ 1.00 X 0 0 0 LYDIA NUSBAUM 1.00 X X 0 0 0 TED RICH CLU 1.00 X 0 0 0 DEAN SCARPA 1.00 X 0 0 0 IRVIN SNYDER 1.00 X 0 0 0 MARK STEIN ESQ 1.00 X 0 0 0 ALEXANDER LIEBERMAN III MD 1.00 X 0 0 0 MICHAEL WEINRAUB 1.00 X 0 0 0 MARTIN KLEIN 15.00 X X 301814 0 20504 JANICE T CAMBRON 40.00 X X 104626 0 18443 BERNADETTE PERNA 1.00 X 110755 0 8868 517195 0 47815 3 0 1 0 SELECT MEDICAL REHABILITATION PO BOX 643920 PITTSBURGH PA 15264 THERAPY SERVICES 705569 KOSHER MART SALES 717 FELLOWSHIP RD MOUNT LAUREL NJ 08054 DIETARY PURCHASES 234332 US FOOD SERVICE 244 HIGH HILL RD SWEDESBORO NJ 08085 DIETARY PURCHASES 229166 MCKESSON CORPORATION 400 DELRAN PARKWAY DELRAN NJ 080751248 DIETARY/HSKPG. SUPPLIES 145416 ROSA COMMUNITY CARE LLC 15 LAURELDALE COURT TUCKERTON NJ 080871867 CONTACTED NURSING SERVICES 110123 5 10409 10409 ELDERLY CARE & HOUSING 623000 13361835 13361835 13361835 53110 53110 20000 2342 19691 -2342 309 -2033 -2033 OTHER SERVICE REVENUE 623000 251959 251959 251959 13675280 13613794 0 51077 115523 108406 7117 5803979 5331580 471527 872 1076570 956179 101477 18914 584665 520677 63458 530 1574 1574 25708 25708 953118 930756 22362 30095 3895 26200 43775 43775 26719 26719 664434 395916 268518 1568746 1568746 919410 919410 186389 186389 FOOD 697017 697017 SUPPLIES 650804 626345 23236 1223 LAUNDRY 145104 145104 SECURITY 84111 84111 312494 178134 134073 287 13890235 12357870 1503422 28943 750 750 355523 397291 1820848 1974402 90545 129022 319036 328396 29147901 9950546 19926875 19197355 3036952 2990306 4066208 4233839 29616737 29251361 878818 1176973 29545000 29025000 10004 902312 962740 31336134 31164713 X -1719397 -1913352 -1719397 -1913352 29616737 29251361 X -214955 21000 X 0 1 1 X 0 X 49541 61297 40816 18909 10409 180972 2387660 3020892 3114760 3380324 3618385 15522021 2437201 3082189 3155576 3399233 3628794 15702993 0 0 0 15702993 221805 137401 98618 57267 53110 568201 221805 137401 98618 57267 53110 568201 277322 241392 260908 251959 1031581 2659006 3496912 3495586 3717408 3933863 17302775 0.90750 0.88840 0.03280 0.04870 X 3510917 3510917 25636984 9950546 15686438 19197355 UNAMORTIZED BOND ISSUANCE COSTS 333157 UNAMORTIZED ORIGINAL ISSUE DISCOUNT 53390 ASSETS HELD UNDER DEBT AGREEMENT 3004423 DUE FROM SEASHORE GARDENS FOUNDATION 522525 RESIDENT DEPOSITS 311960 DUE FROM SEASHORE ELDER HOUSING 8384 4233839 ACCRUED SALARIES AND BENEFITS 389397 ACCRUED INTEREST 261341 RESIDENT DEPOSITS 312002 962740 13675280 13890235 -214955 21000 21000 -193955 13675280 0 13675280 0 13675280 13890235 0 13890235 0 13890235 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: MANAGEMENT HAS EVALUATED THE CENTER'S TAX POSITIONS FOR UNCERTAINTIES WITH RESPECT TO THE FINANCIAL STATEMENTS AS OF AND FOR THE YEAR ENDED DECEMBER 31, 2011, AND HAS DETERMINED THAT THERE IS NO LIABILITY FOR UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2011. WITH FEW EXCEPTIONS, THE CENTER IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL AUTHORITIES FOR TAX YEARS BEFORE DECEMBER 31, 2008. X X 0 0 0 0 0 0 0 0 0 MARTIN KLEIN 301814 0 0 0 0 0 0 0 20504 0 322318 0 0 0 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FA6 2006-11-29 5365000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FB4 2006-11-29 8915000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY 222045817 645918FD0 2006-11-29 17080000 TO ADVANCE REFUND THE OUTSTANDING PRINCIPAL AND INTEREST OF THE PRIOR BOND 0 0 0 0 1 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 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 HOWARD BERNSTEIN, DIRECTOR AND SHIRLEY BERNSTEIN, DIRECTOR ARE HUSBAND AND WIFE. SHELLY BERNSTEIN IS THE DAUGHTER OF HOWARD AND SHIRLEY BERSTEIN. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT COPY OF THE FORM 990 IS MADE AVAILABLE FOR BOARD REVIEW AND COMMENT PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REGULARY REVIEWS THEIR CONFLICT OF INTEREST POLICY AND REQUIRES BOARD MEMBERS TO DISCLOSE ANY CONFLICTS WITH THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION REVIEWS THE CEO'S EMPLOYMENT CONTRACT AND APPROVES THE CONTRACT AS IT RELATES TO COMPENSATION, COMPENSATION INCREASES, BONUSES AND OTHER FRINGE BENEFITS. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE UPON REQUEST AND IS PUBLISHED ON THE GUIDESTAR WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 21,000. SEASHORE GARDENS FOUNDATION 22 W JIMMIE LEEDS RD GALLOWAT TWP NJ 08205 562424727 TO SUPPORT VARIOUS PROGRAMS AND SERVICES AT SEASHORE GARDENS LIVING CENTER NJ 501(C)(3) 509(A)(3) 0 SEASHORE ELDER HOUSING LLC 22 WEST JIMMIE LEEDS ROAD GALLOWAY TWP NJ 082059422 262342922 FOSTER LOW INCOME HOUSING, REDEVELOP, OWN AND OPERATE A MULTIFAMILY PROPERTY NJ UNRELATED 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 SEASHORE GARDENS FOUNDATION P 285788 ACTUAL AMOUNT PAID