2012-05-11T14:01:01-05:00 2011-12-31 161375790 DEJOY KNAUF & BLOOD LLP 39 STATE STREET SUITE 600 ROCHESTER NY 14614 990 2011-01-01 161518592 ASCPROPERTIES INC ASCP 5854424100 1000 ELMWOOD AVENUE NO 300 ROCHESTER NY 146203098 DANIEL M MEYERS 5854424100 2012-05-10 1 TIMOTHY P THANEY CPA P01231250 5855461840 2012-05-10 2011 2016-02-24 21:20:13Z DANIEL M MEYERS 1000 ELMWOOD AVENUE ROCHESTER NY 146203089 0 0 X WWW.ALSIGL.ORG X 1995 NY TO PURCHASE, RECEIVE DONATIONS OF, AND MANAGE REAL PROPERTY FOR NOT-FOR-PROFIT ORGANIZATIONS. 6 4 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1881 1980 1881 1980 -1881 -1980 2669418 0 600 2580 2668818 -2580 TO PURCHASE, RECEIVE DONATIONS OF, AND MANAGE REAL PROPERTY FOR NOT-FOR-PROFIT ORGANIZATIONS. 0 0 NO PROGRAM ACTIVITIES IN 2011. 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 6 4 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X DANIEL M MEYERS 5854424100 1000 ELMWOOD AVENUE STE 300 ROCHESTER NY 146203089 PETER MENDICK 1.00 X X 0 0 0 STEPHEN J MEYER 1.00 X X 0 0 0 MARY F TILTON 1.00 X X 0 0 0 DANIEL M MEYERS 1.00 X X 0 185536 26444 RODNEY S KOZIATEK 1.00 X X 0 108537 6308 ARTHUR LIEBERT 1.00 X 0 0 0 0 294073 32752 0 0 1 0 0 0 0 0 0 OFFICE EXPENSES 1980 1980 1980 0 1980 0 0 0 0 2669418 0 2669418 0 600 700 0 1880 600 2580 X 2668818 -2580 2668818 -2580 2669418 0 X -1980 -2669418 X 1 0 1 X 0 X 0 0 0.00000 1.00000 0.00000 X 0 DUE TO AFFILIATES 1880 1880 1980 -1980 -2669418 -2669418 -2671398 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION'S COMPILED FINANCIAL STATEMENTS ARE INCLUDED (UNAUDITED) IN THE CONSOLIDATED FINANCIAL STATEMENTS OF ITS PARENT ORGANIZATION. THE ORGANIZATION IS REQUIRED TO FILE ANNUAL RETURNS WITH FEDERAL AND NEW YORK STATE TAXING AUTHORITIES. AS OF DECEMBER 31, 2011, THE ORGANIZATION'S FEDERAL AND STATE RETURNS REMAIN SUBJECT TO EXAMINATION BY THE RESPECTIVE AUTHORITIES FOR THE YEARS PRIOR TO 2008. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS, INCLUDING THE TAX EXEMPT STATUS OF THE ORGANIZATION AS OF DECEMBER 31, 2011. PART XI, LINE 8 - OTHER ADJUSTMENTS: WRITE OFF OF RELATED PARTY RECEIVABLE -2,669,418. 1 0 1 0 0 0 0 0 0 0 DANIEL M MEYERS 0 185536 0 0 0 0 0 16500 0 9944 0 211980 0 0 PART I, LINE 3 THE PRESIDENT OF THE BOARD RECEIVES COMPENSATION FROM A RELATED ORGANIZATION. THE COMPENSATION IS DETERMINED BY REVIEW OF COMPENSATION SURVEY OR STUDY, IS APPROVED BY THE BOARD OR COMPENSATION COMMITTEE AND IS COVERED UNDER A WRITTEN EMPLOYMENT CONTRACT. PART I, LINE 4B MR. MEYERS IS A PARTICIPANT IN A DEFERRED COMPENSATION PROGRAM AS DETAILED IN PART II OF SCHEDULE J. FORM 990, PART VI, SECTION A, LINE 6 AL SIGL CENTER FOR REHABILITATION AGENCIES, INC IS THE SOLE CORPORATE MEMBER OF ASC/PROPERTIES, INC. FORM 990, PART VI, SECTION A, LINE 7A AL SIGL CENTER FOR REHABILITATION AGENCIES, INC. APPOINTS THE BOARD MEMBERS FORM 990, PART VI, SECTION B, LINE 11 A COMPLETE COPY OF FORM 990 WAS MADE AVAILABLE TO EACH BOARD MEMBER PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION IS A WHOLLY OWNED SUBSIDIARY OF THE AL SIGL CENTER FOR REHABILITATION AGENCIES, INC. AND FOLLOWS ALL PROCEDURES OF THE PARENT ORGANIZATION. ANNUALLY, DISCLOSURE STATEMENTS ARE DISTRIBUTED TO ALL OFFICERS, DIRECTORS, TRUSTEES, COMMITTEE MEMBERS FOR COMPLETION. CONFIRMATION IS MADE TO ENSURE THAT ALL FORMS ARE SIGNED AND RETURNED. ANY DISCLOSED CONCERNS THAT MAY REPRESENT A CONFLICT OF INTEREST, ARE REVIEWED WITH THE BOARD CHAIR AND PRESIDENT FOR APPROPRIATE ACTION. ALL RECIPIENTS OF THE DISCLOSURE STATEMENT ARE ALSO INSTRUCTED TO NOTIFY THE BOARD CHAIR IF IN THE FUTURE A SITUATION ARISES THAT MAY POSE A POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 IN 2008, THE EXECUTIVE COMMITTEE OF THE BOARD OF THE PARENT ORGANIZATION (IN AN EXECUTIVE SESSION) COMPLETED A COMPENSATION REVIEW OF ALL OFFICERS AND KEY EMPLOYEES. THE REVIEW INCLUDED A COMPENSATION REVIEW OF LOCAL, REGIONAL AND NATIONAL NOT-FOR-PROFIT ORGANIZATIONS. AVERAGE COMPENSATION BY ORGANIZATIONAL SIZE AND SPECIFIC JOB DESCRIPTIONS WERE USED AS COMPARABLES. SOURCE DOCUMENTS INCLUDED SEVERAL INDEPENDENT STUDIES IN ADDITION TO COMPENSATION AS REPORTED ON THE IRS FORM 990S. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, THE PUBLIC DISCLOSURE COPY OF OUR FORM 990 IS PROVIDED TO THE REQUESTOR. IN ADDITION, OUR ANNUAL REPORT INCLUDING OUR YEAR END FINANCIAL STATEMENT SUMMARY IS AVAILABLE UPON REQUEST. INFORMATION REGARDING OUR CONFLICT OF INTEREST POLICY IS INCLUDED AND AVAILABLE AS PART OF THE FORM 990. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: WRITE OFF OF RELATED PARTY RECEIVABLE -2,669,418. TOTAL TO FORM 990, PART XI, LINE 5: -2,669,418. WRITE OFF OF RELATED PARTY RECEIVABLE FORM 990, PART XI, LINE 5 THE BOARD OF ASC/PROPERTIES AUTHORIZED THE WRITE OFF OF THE $2,669,418 RECEIVABLE FROM ITS AFFILIATE - PARENT, AL SIGL CENTER FOR REHABILIATION AGENCIES, INC. (AL SIGL) THE ASC/PROPERTIES BOARD HAS EVALUATED THE COLLECTABILITY OF THIS AMOUNT AND HAS DETERMINED THAT THE ASSET IS UNCOLLECTIBLE AND SHOULD BE WRITTEN OFF. THE REASONS IN SUPPORT OF THIS WRITE-OFF ARE AS FOLLOWS: THE DUE FROM HAS BEEN ON THE BOOKS FOR SEVERAL YEARS WITHOUT ANY PAYMENTS BEING RECEIVED FROM AL SIGL. THE DUE FROM IS A NON-INTEREST BEARING ASSET. A CHANGE IN STRATEGY REGARDING THE ORGANIZATIONAL RESTRUCTURING OF ALL AL SIGL REAL ESTATE OPERATIONS INTO ASC/PROPERTIES HAS BEEN TABLED. ASC/PROPERTIES FUTURE ROLE WILL PRIMARILY BE TO RECEIVE DONATIONS OF REAL ESTATE FOR AL SIGL. AL SIGL CENTER FOR REHABILITATION AGENCIES INC 1000 ELMWOOD AVENUE ROCHESTER NY 14620 510243019 REAL ESTATE NY 501(C)(3) N/A 0 AL SIGL CENTER PARTNERS FOUNDATION 1000 ELMWOOD AVENUE ROCHESTER NY 14620 161544847 FOUNDATION NY 501(C)(3) N/A 0 ASCSANFORD STREET HOUSING 1000 ELMWOOD AVENUE ROCHESTER NY 14620 161509866 MANAGEMENT OF REAL ESTATE NY C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0