2012-08-10T09:35:30-05:00 2011-12-31 221478099 JH COHN LLP 4 BECKER FARM ROAD ROSELAND NJ 070681739 990 2011-01-01 210634536 MASONIC CHARITY FOUNDATION OF NEW JERSEY MASO 6092393826 902 JACKSONVILLE ROAD BURLINGTON NJ 08016 IAN KORMAN CPA 6092393826 2012-08-09 1 KIM BRANDLEY P00538270 9732283500 2011 2016-02-24 21:20:13Z EDGAR M COSTER 902 JACKSONVILLE ROAD BURLINGTON NJ 08016 58593034 0 X WWW.NJMASONIC.ORG X 1898 NJ A NONPROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF RECEIVING, MAINTAINING, AND ADMINISTERING ENDOWMENTS AND FUNDS EXCLUSIVELY FOR CHARITABLE, BENEVOLENT AND HEALTHCARE PURPOSES. ADDITIONALLY, HOSPICE SERVICES ARE PROVIDED. 15 15 585 1284 0 0 6246285 4440569 29050447 29514488 4002183 4046768 403038 196961 39701953 38198786 0 0 0 0 20263498 18575762 0 0 385253 21278086 19365953 41541584 37941715 -1839631 257071 171618850 163272557 58053171 58168370 113565679 105104187 X A NONPROFIT CORPORATION ORGANIZED FOR THE PURPOSE OF RECEIVING, MAINTAINING, AND ADMINISTERING ENDOWMENTS AND FUNDS EXCLUSIVELY FOR CHARITABLE, BENEVOLENT AND HEALTHCARE PURPOSES. 0 0 31722364 THE FOUNDATION PROVIDES RESIDENTIAL AND LONG-TERM NURSING CARE TO NURSING HOME RESIDENTS. 27097 EDUCATIONAL GRANTS AND SCHOLARSHIPS. THE FOUNDATION AWARDS HIGH SCHOOL GRADUATES OF NEW JERSEY, EDUCATIONAL GRANTS THAT ARE FOR POST HIGH SCHOOL EDUCATION. THE FOUNDATION ALSO AWARDS VARIOUS GRANTS AND SCHOLARSHIPS. 5677 THE OUTREACH PROGRAM IS PROVIDED FOR MASONS AND THEIR FAMILIES WHO NEED FINANCIAL, LEGAL OR OTHER ASSISTANCE. 32731 SUBSTANCE ABUSE AND OTHER MISCELLANEOUS PROGRAMS TO HELP BOTH MASONS AND NON-MASONS IN NEED OF ASSISTANCE. 32731 31787869 1 1 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 79 0 1 585 1 0 0 0 0 0 0 0 0 0 1 0 X 15 15 0 1 0 0 1 1 1 1 1 1 0 1 1 1 1 1 1 1 1 0 NJ X IAN P KORMAN CPA 6092393826 902 JACKSONVILLE ROAD BURLINGTON NJ 080163814 ANGELO A CAPRIO 3.00 X 0 0 0 DAVID A DORWORTH 5.00 X 0 0 0 EDGAR M COSTER 10.00 X X 0 0 0 EDWARD R PETKEVIS 3.00 X 0 0 0 GEORGE A OLSEN 5.00 X 0 0 0 GEORGE H HEFLICH JR 10.00 X X 0 0 0 GERALD J SHARPE 5.00 X 0 0 0 GLENN R TRAUTMANN 5.00 X 0 0 0 IAN P KORMAN 40.00 X X 99010 0 20463 JAMES C GAUL 3.00 X 0 0 0 JOHN D MILADIN 3.00 X 0 0 0 JOHN M COLLIGAS 3.00 X 0 0 0 JOSEPH H RIVAL JR 5.00 X X 0 0 0 JOSEPH T MEZZINA 5.00 X 0 0 0 KENNETH L LARSEN 5.00 X 0 0 0 LAWRENCE B KOCH 3.00 X X 0 0 0 MONTGOMERY M BERRIEN JR 5.00 X 0 0 0 RICHARD F SCHMIDT 5.00 X 0 0 0 ROBERT H KLICK 5.00 X 0 0 0 ROBERT J SHERIDAN 3.00 X X 0 0 0 ROGER QUINTANA 5.00 X 0 0 0 WILLIAM H BERMAN 3.00 X 0 0 0 WILLIAM L MORRIS JR 10.00 X 0 0 0 CHRISTOPHER S ABBOTT 40.00 X 106374 0 11423 DOUGLAS R POLICASTRO 40.00 X 139770 0 26193 345154 0 58079 2 0 1 0 PRINCETON SENIOR LIVING 13 ROSZEL ROAD PRINCETON NJ 08540 MANAGEMENT SERVICES 1490172 SODEXO INC PO BOX 905374 CHARLOTTE NC 282905374 MANAGEMENT SERVICES 437921 WAYNE R MILLER & CO 226 WEST CENTRAL AVE MOORESTOWN NJ 08057 MISCELLANEOUS 102457 3 460134 3980435 1545045 4440569 SERVICES FOR RESIDENTS 812900 29514488 29514488 29514488 2248660 2248660 22189557 20391449 1798108 1798108 1798108 20924 2799 18125 18125 MISCELLANEOUS INCOME 900099 178836 178836 178836 38198786 29693324 0 4064893 119473 119473 14395123 12446657 1690819 257647 665970 578314 79966 7690 2309240 2025885 273096 10259 1085956 918573 148115 19268 1490172 1490172 114959 114959 96889 96889 101108 101108 455819 150313 305506 4262 3727 535 584090 371029 186404 26657 25568 25568 1993101 1993101 7418 4554 890 1974 21731 21731 2436457 2436457 3846659 3846659 752666 749142 3524 MEDICAL EXPENSE 1587746 1587746 HOSPICE 1531843 1531843 FOOD AND BEVERAGE 1463985 1463985 RESIDENT EXPENSE 675043 673723 1320 2176437 1006161 1130249 40027 37941715 31787869 5768593 385253 6870014 5102467 4062137 1433970 2649514 2013491 472490 469146 161544 274682 170646 309248 139004003 65091454 74683418 73912549 59724799 54261972 11528793 12963032 11295495 12532000 171618850 163272557 9800192 11828319 43860224 42631746 4392755 3708305 58053171 58168370 X 96781281 86815322 4357307 5921565 12427091 12367300 113565679 105104187 171618850 163272557 X 257071 -8718563 X X 0 1 1 X 0 X 6472128 5349084 7403073 6271438 4461493 29957216 6472128 5349084 7403073 6271438 4461493 29957216 29957216 3362816 2278864 2084122 1738257 2248660 11712719 213179 306715 292180 385583 178836 1376493 43046428 147967834 0.69590 0.65390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76336978 597565 2351083 6093565 73192061 70153666 3486105 8725145 6027938 76336978 65260300 2003314 9340052 6450000 70153666 10007756 258938 -383000 9883694 0.77000 0.17000 0.06000 0 0 5909617 5909617 111841469 46070251 65771218 1238334 1076648 161686 19914445 17860469 2053976 100138 84086 16052 73912549 MORTGAGE/ASSET-BACKED SECURITIES 324317 F ALTERNATIVE INVESTMENTS 12638715 F 12963032 ACCRUED INVESTMENT INCOME 37015 ASSETS LIMITED TO USE UNDER INDENTURE AGREEMENT 3600738 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 4819594 CONSTRUCTION IN PROGRESS 939089 DEFERRED FINANCING FEES, NET 232883 PROJECT / BOND FUND 1461726 RESIDENT ACCOUNTS 1191055 OTHER NONCURRENT ASSETS 249900 12532000 DEFERRED GIFT PLANS SUPPORT 2517250 RESIDENT FUNDS 1191055 3708305 38198786 37941715 257071 -6436413 240000 -2522150 -8718563 -8461492 32123937 -6436413 240000 121564 -6074849 38198786 0 38198786 40585429 240000 2403714 2643714 37941715 0 37941715 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE FOUNDATION IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS EXEMPT INCOME UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE. THE FOUNDATION IS ALSO EXEMPT FROM STATE AND LOCAL INCOME TAXES. THE FOUNDATION HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2011 AND 2010. THE FOUNDATION'S U.S. FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO CALENDAR YEARS 2008 AND 2007, RESPECTIVELY, ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE FOUNDATION'S POLICY IS TO RECOGNIZE INTEREST RELATED TO UNRECOGNIZED TAX BENEFITS IN INTEREST EXPENSE AND PENALTIES IN OPERATING EXPENSES. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -38,370. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS -83,194. PENSION LIABILITY ADJUSTMENT -2,403,714. DIFFERENCE 3,128. TOTAL TO SCHEDULE D, PART XI, LINE 8: -2,522,150. PART XII, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 38,370. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 83,194. PART XIII, LINE 2D - OTHER ADJUSTMENTS: PENSION LIABILITY ADJUSTMENT 2,403,714. 20924 2799 1 20924 2799 2799 18125 NJ 1 0 1 0 0 0 1 X X 0 0 0 0 0 0 0 0 0 DOUGLAS R POLICASTRO 139254 0 0 0 516 0 4326 0 21867 0 165963 0 0 0 X 1 1545045 FMV 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS ENTERED INTO A MANGEMENT CONTRACT WITH PRINCETON SENIOR LIVING FORM 990, PART VI, SECTION A, LINE 6 THE PEOPLE WHO BELONG TO THIS ORGANIZATION ARE CONSIDERED MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS MAY ELECT THOSE MEMBERS WHO QUALIFY TO BE ON THE GOVERNING BODY OF THIS ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 A COPY OF THE FORM 990 IS PROVIDED TO THE GOVERNING BODY FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MONITORS AND ENFORCES POLICY ON CONFLICT OF INTEREST BY INFORMING BOARD MEMBERS TO REPORT ANY AND ALL CONFLICTS OF INTEREST THAT MAY IMPACT THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THERE IS AN EXECUTIVE COMPENSATION COMMITTEE TO DETERMINE OFFICERS' AND KEY EMPLOYEES' COMPENSATION. MEMBERS OF THE ORGANIZATION'S GOVERNING BOARD WILL THEN RATIFY THE RECOMMENDATION MADE BY THE COMPENSATION COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 MASONIC MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CONTACT ADDRESSES FOR OFFICERS, DIRECTORS, ETC FORM 990, PART VII DOUGLAS R. POLICASTRO - 620 WESTON DRIVE, TOMS RIVER, NJ 08755. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -6,436,413. DONATED SERVICES AND USE OF FACILITIES: 240,000. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -38,370. CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS -83,194. PENSION LIABILITY ADJUSTMENT -2,403,714. DIFFERENCE 3,128. TOTAL TO FORM 990, PART XI, LINE 5: -8,718,563. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT OVERSEES THESE RESPONSIBILITIES. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. GRAND LODGE OF FREE & ACCEPTED MASONS OF NJ 100 BARRACK STREET TRENTON NJ 08608 210454866 FRATERNAL ORGANIZATION NJ 501(C)(10) N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 GRAND LODGE OF NEW JERSEY R 460134 FORM 990, SCHEDULE R, PART V, LINE 2 (1) MEMBERS OF THE FRATERNITY ARE ASSESSED $18 PER ANNUM TO SUPPORT THE MASONIC CHARITY FOUNDATION AS PART OF THEIR ANNUAL DUES. IN ADDITION, EACH NEW MEMBER IS ASSESSED $25.