2026-03-12T09:42:45-05:00 2025-06-30 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-07-01 232083077 MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE AND SUBSIDIARIES MADL 2672562018 345 MONTGOMERY AVE BALA CYNWYD PA 19004 ROBIN BRANDIES PRESIDENT & EXECUTIVE DIRECTOR 2672562018 2026-03-11 1 0 X KERRI N BOGDA P00760402 7177404863 2026-03-11 X 2024 2025-03-06 01:10:19Z ROBIN BRANDIES 345 MONTGOMERY AVE BALA CYNWYD PA 19004 1920565 1 1 2436 X WWW.ABRAMSONCENTER.ORG X 1866 PA NURSING/PERSONAL CARE, CHRONIC CARE MANAGEMENT, DEMENTIA PROGRAMS, CAREGIVER EDUCATION PROGRAMS, AND REFERRALS FOR HEALTH CARE MANAGEMENT SERVICES 72 72 10 94 0 0 598481 1093711 572755 673774 -178757 7679 39936 35625 1032415 1810789 0 0 0 0 1237057 1229691 0 0 224939 2201380 1360181 3438437 2589872 -2406022 -779083 37831715 43468476 2719608 1859129 35112107 41609347 X THE MISSION OF THE MADLYN & LEONARD ABRAMSON CENTER FOR JEWISH LIFE (DBA "ABRAMSON SENIOR CARE") IS TO ENHANCE THE QUALITY OF LIFE FOR SENIORS AND THEIR FAMILY CAREGIVERS BY ENSURING THAT SENIORS RECEIVE EXCEPTIONAL HEALTH CARE SERVICES AND SUPPORT TO ENABLE THEM TO AGE IN PLACE SAFELY AND INDEPENDENTLY. 0 0 1359138 673774 THE ABRAMSON CENTER HAS ESTABLISHED A NUMBER OF PROGRAMS TO SERVE THE NEEDS OF SENIOR CITIZENS. BELOW IS A LISTING OF THE ORGANIZATION'S PROGRAMS THAT WERE OPERATIONAL DURING THE FISCAL YEAR JULY 1, 2024 TO JUNE 30, 2025.CHRONIC CARE MANAGEMENT PROGRAM:ABRAMSON CENTER LAUNCHED A CENTERS FOR MEDICARE AND MEDICAID SERVICES PROGRAM IN MARCH 2024 IN COLLABORATION WITH SUBURBAN GERIATRICS, A REGIONAL PRIMARY CARE PROVIDER. THE PROGRAM PROVIDED HEALTHCARE MANAGEMENT OF SENIORS WITH CONFIRMED DIAGNOSIS OF 2 OR MORE CHRONIC ILLNESSES. SERVICES INCLUDE PERSONALIZED CARE PLANS, MEDICATION AND APPOINTMENT ASSISTANCE, CARE COORDINATION, PATIENT EDUCATION, AND REMOTE ACCESS TO HEALTHCARE.GUIDING AN IMPROVED DEMENTIA EXPERIENCE (GUIDE):THE GUIDE PROGRAM IS A NEW PROGRAM AT MEDICARE, EFFECTIVE JULY 1, 2024, TO IMPROVE THE QUALITY OF LIFE FOR PEOPLE LIVING WITH DEMENTIA AND REDUCE THE BURDEN ON CAREGIVERS BY PROVIDING DEMENTIA CARE NAVIGATION AND SUPPORT SERVICES. GUIDE OFFERS THESE SERVICES AT NO COST TO ELIGIBLE MEDICARE BENEFICIARIES. ABRAMSON BECAME A PARTICIPATING ORGANIZATION IN JULY 2024 AND PROVIDES DEMENTIA CARE NAVIGATION SERVICES, CAREGIVER TRAINING AND EDUCATION, RESPITE SERVICES, AND CONNECTIONS TO COMMUNITY RESOURCES. MEDICAL MISSION SISTERS PROGRAM:THIS PROGRAM IS A CARE MANAGEMENT CONTRACT ARRANGEMENT TO PROVIDE LIFE AND HEALTH CARE MANAGEMENT SERVICES.HOLOCAUST SURVIVORS PROGRAM:SINCE 2015, ABRAMSON HAS BEEN PARTNERING WITH JFCS TO SUPPORT THE HOLOCAUST SURVIVOR PROGRAM. WE OFFER NURSE PRACTITIONER SUPPORT FOR CLINICAL NEEDS AND INCLUDE ROUTINE VISITS WHERE WE HELP TAKE CARE OF NEEDS SUCH AS CHRONIC DISEASE MANAGEMENT, BLOOD PRESSURE READINGS, AND OTHER MEDICAL ESSENTIALS.ABRAMSON SENIOR CARE CLINIC AT KLEINLIFE PROGRAM:SINCE 2022, ABRAMSON HAS BEEN PARTNERING WITH KLEINLIFE TO OPERATE A HEALTH AND WELLNESS CLINIC WITHIN THE COMMUNITY CENTER. ESSENTIAL HEALTH AND WELLNESS SERVICES INCLUDE QUARTERLY NURSE PRACTITIONER SUPPORT AND MONTHLY OUTREACH BY HEALTH CARE MANAGERS. HEALTH CARE APPOINTMENTS ARE AVAILABLE ON WEDNESDAYS.PRIVATE PAY PROGRAM:THIS PROGRAM OFFERS FEE FOR SERVICE CARE MANAGEMENT SERVICES.24/7 REFERRAL LINE:ABRAMSON RESPONDS TO INQUIRIES FROM THE COMMUNITY ON THE 24/7 LINE PROVIDING GUIDANCE AND EXPERTISE.CAREGIVER EDUCATION PROGRAMS:VIRTUAL CAREGIVER EDUCATION GROUP OFFERINGS ARE DISPENSED VIRTUALLY ON A QUARTERLY BASIS. 1359138 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 21 0 10 1 0 0 0 0 0 0 0 0 0 0 0 0 X 72 72 1 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 PA X ROBIN BRANDIES 2672562018 345 MONTGOMERY AVE BALA CYNWYD PA 19004 NEIL J MODEL CHAIR 0.15 X X 0 0 0 LORRAINE DROBNY IMMEDIATE PAST CHAIR 0.15 X 0 0 0 JAMES M MEYER VICE CHAIR 0.15 X X 0 0 0 SAUL V REIBSTEIN VICE CHAIR 0.15 X X 0 0 0 BARBARA M LINCOW HONORARY VICE CHAIR 0.15 X X 0 0 0 MELVYN PAUL RICHTER HONORARY VICE CHAIR 0.15 X X 0 0 0 RICHARD A SCHMELTZER HONORARY VICE CHAIR 0.15 X X 0 0 0 SCOTT BARSKY TREASURER 0.15 X X 0 0 0 DONALD A BERG ASSOCIATE TREASURER 0.15 X X 0 0 0 BETH DRAPKIN SECRETARY 0.15 X X 0 0 0 STEWART SINGER ASSOCIATE SECRETARY 0.15 X X 0 0 0 HOWARD DAVIS PAST CHAIR 0.15 X 0 0 0 MICHAEL B STEINBERG PAST CHAIR 0.15 X 0 0 0 MARJORIE ACTMAN TRUSTEE 0.05 X 0 0 0 ANDE ADELMAN TRUSTEE 0.05 X 0 0 0 PAUL C ASTOR TRUSTEE 0.05 X 0 0 0 DAVID AXELROD TRUSTEE 0.05 X 0 0 0 JOHN BIRNHAK TRUSTEE 0.05 X 0 0 0 MARK S BLASKEY TRUSTEE 0.05 X 0 0 0 SHEREE BLOCH TRUSTEE 0.05 X 0 0 0 JAY M BORNSTEIN TRUSTEE 0.15 X 0 0 0 NED CARP TRUSTEE 0.05 X 0 0 0 IAN M COMISKY TRUSTEE 0.05 X 0 0 0 BARRY COOPERBERG TRUSTEE 0.05 X 0 0 0 DAVID R CUTLER TRUSTEE 0.05 X 0 0 0 KAREN SCHECTER DAYNO TRUSTEE 0.05 X 0 0 0 MELVIN DION TRUSTEE 0.05 X 0 0 0 BERNARD P DISHLER TRUSTEE 0.05 X 0 0 0 GEOFFREY DUFFINE TRUSTEE 0.05 X 0 0 0 PHYLLIS MALISSA FINKELSTEIN TRUSTEE 0.05 X 0 0 0 MARK FISHMAN TRUSTEE 0.05 X 0 0 0 RICHARD G FRANKEL TRUSTEE 0.05 X 0 0 0 PETER FRIEDMAN TRUSTEE 0.05 X 0 0 0 MARC HARRIS GINSBURG TRUSTEE 0.05 X 0 0 0 MORRIS GOCIAL TRUSTEE 0.15 X 0 0 0 MITCHELL S GOLDENBERG TRUSTEE 0.15 X 0 0 0 BRUCE GOLDSTEIN TRUSTEE 0.05 X 0 0 0 SAMUEL M GOLDSTEIN TRUSTEE 0.05 X 0 0 0 SANDI GOLDSTEIN TRUSTEE 0.05 X 0 0 0 BRUCE A GOODMAN TRUSTEE 0.05 X 0 0 0 LYDIA HAMMER TRUSTEE 0.06 X 0 0 0 JEROME HELLMANN TRUSTEE 0.05 X 0 0 0 RICHELLE D HITTINGER TRUSTEE 0.05 X 0 0 0 DAVID HOROWITZ TRUSTEE 0.05 X 0 0 0 MALCOLM B JACOBSON TRUSTEE 0.05 X 0 0 0 HYMAN KAHN TRUSTEE 0.05 X 0 0 0 ROBERT D KATZ TRUSTEE 0.05 X 0 0 0 RICHARD KOLLENDER TRUSTEE 0.05 X 0 0 0 KAREN B KRAMER TRUSTEE 0.15 X 0 0 0 SYLVIA KREITHEN TRUSTEE 0.05 X 0 0 0 STUART KURTZ TRUSTEE 0.05 X 0 0 0 SETH J LEHR PAST CHAIR 0.15 X 0 0 0 DEBRA MAGERMAN TRUSTEE 0.05 X 0 0 0 JONATHAN MANDELL TRUSTEE 0.05 X 0 0 0 MICHELLE PASTERNAK TRUSTEE 0.05 X 0 0 0 NEAL R PEARLSTINE TRUSTEE 0.05 X 0 0 0 RONALD P PERILSTEIN TRUSTEE 0.15 X 0 0 0 FRANK PODIETZ TRUSTEE 0.05 X 0 0 0 BETH G REISBOARD TRUSTEE 0.05 X 0 0 0 MARK HARRIS ROSENFELD TRUSTEE 0.05 X 0 0 0 GARY B RUBIN TRUSTEE 0.05 X 0 0 0 RENEE G H SACKEY ESQ TRUSTEE 0.05 X 0 0 0 CHRISTOPHER A SCHELL TRUSTEE 0.15 X 0 0 0 MARGIE SHERR TRUSTEE 0.05 X 0 0 0 HARRIET SILBERMAN TRUSTEE 0.05 X 0 0 0 IRVING N STEIN TRUSTEE 0.05 X 0 0 0 J BRETT STUDNER TRUSTEE 0.05 X 0 0 0 MARTIN L TRICHON TRUSTEE 0.05 X 0 0 0 WENDY TWING TRUSTEE 0.05 X 0 0 0 SANDRA WEISS TRUSTEE 0.05 X 0 0 0 MINDY BETH WEXLER TRUSTEE 0.15 X 0 0 0 FRED WOLFSON TRUSTEE 0.15 X 0 0 0 JILL C ZIPIN TRUSTEE 0.05 X 0 0 0 MARC L FELGOISE VICE CHAIR 0.15 X X 0 0 0 AMY N COHEN TRUSTEE 0.05 X 0 0 0 ARNOLD H KRAMER PAST CHAIR 0.15 X 0 0 0 BARBARA KLEGER TRUSTEE 0.15 X 0 0 0 BUBBLES SEIDENBERG TRUSTEE 0.05 X 0 0 0 CARL W SCHNEIDER TRUSTEE 0.15 X 0 0 0 CAROL MANN TRUSTEE 0.05 X 0 0 0 DANIEL BLEZNAK TRUSTEE 0.05 X 0 0 0 DEVORAH KENDALL TRUSTEE 0.05 X 0 0 0 ELLEN B FARBER TRUSTEE 0.05 X 0 0 0 GARY SENDER TRUSTEE 0.06 X 0 0 0 GERALD C SEGAL TRUSTEE 0.15 X 0 0 0 GLENN D BLUMENFELD TRUSTEE 0.05 X 0 0 0 GREGORY S MARX TRUSTEE 0.05 X 0 0 0 HARVEY GOLDBERG PAST CHAIR 0.15 X 0 0 0 HOWARD A CUTLER TRUSTEE 0.15 X 0 0 0 JACQUELINE P KANE TRUSTEE 0.05 X 0 0 0 JANE L DIAMOND TRUSTEE 0.15 X 0 0 0 JAY LEVITT TRUSTEE 0.05 X 0 0 0 JOSEPH M YOHLIN PAST CHAIR 0.15 X X 0 0 0 L SCOTT LEVIN MD TRUSTEE 0.05 X 0 0 0 LARRY J RAPPOPORT TRUSTEE 0.15 X 0 0 0 LORI ISRAELITE TRUSTEE 0.05 X 0 0 0 LOUIS W FRYMAN TRUSTEE 0.05 X 0 0 0 LYNNE PIERCE TRUSTEE 0.05 X 0 0 0 MARK R ESKIN TRUSTEE 0.05 X 0 0 0 MICHELLE YELLIN TRUSTEE 0.05 X 0 0 0 MURRAY SPAIN TRUSTEE 0.05 X 0 0 0 NEAL S GRABELL TRUSTEE 0.15 X 0 0 0 RICHARD J FERST TRUSTEE 0.05 X 0 0 0 RONALD P LASSIN TRUSTEE 0.05 X 0 0 0 S TY STEINBERG TRUSTEE 0.05 X 0 0 0 STEFI LEVIN TRUSTEE 0.06 X 0 0 0 SUSAN PANITCH TRUSTEE 0.05 X 0 0 0 WILLIAM PERILSTEIN PAST CHAIR 0.15 X 0 0 0 WILLIAM SCHWARTZ PAST CHAIR 0.15 X 0 0 0 HOWARD J DAVIS TRUSTEE 0.15 X 0 0 0 ROBIN BRANDIES VP OF DEV./PRES. 40.00 0.15 X 307414 0 22868 LANA POZDNYAKOV DIR., OPERATIONS & HEALTH MGMT 40.00 X 146292 0 31810 453706 0 54678 2 0 1 0 YOUR PART-TIME CONTROLLER LLC 1600 MARKET ST SUITE 3425 PHILADELPHIA PA 19103 ACCOUNTING SERVICES 219950 1 950000 143711 1093711 PATIENT REVENUE 623000 373774 373774 MSA REVENUE 623000 300000 300000 673774 5751 5751 145216 109776 35440 35440 35440 1928 0 1928 1928 1928 ADMIN SERVICES 900099 185 185 185 1810789 673774 0 43304 340796 167938 140244 32614 714959 352786 293413 68760 16018 7758 6826 1434 86230 41763 36746 7721 71688 34720 30549 6419 45321 45321 180058 180058 462 462 173821 37412 109945 26464 62822 8627 29463 24732 71590 10994 44656 15940 9465 9465 11043 11043 3009 1354 1354 301 85776 38599 38599 8578 DISCONTINUED OPERATIONS 626875 626875 MEDICAL SUPPLIES 59619 20847 37116 1656 SPECIAL EVENT 30320 30320 2589872 1359138 1005795 224939 356473 432503 306 384469 164779 245760 119647 596249 73102 23512 17009 0 6503 2380579 1692516 34252348 40594957 37831715 43468476 1469404 1029850 91667 1158537 829279 2719608 1859129 X 2176328 1941999 32935779 39667348 35112107 41609347 37831715 43468476 X -779083 400003 4017639 2858681 X 0 1 X 1 0 X 3433086 6551327 7341326 598481 1093711 19017931 30119166 16607598 9456612 572755 673774 57429905 33552252 23158925 16797938 1171236 1767485 76447836 193511 298050 83802 93711 669074 0 193511 298050 83802 93711 669074 75778762 385640 26814 28148 869 150967 592438 385640 26814 28148 869 150967 592438 96747 96747 156801 1229213 1155287 39936 185 2581422 34191440 24414952 17981373 1212041 1918637 79718443 0.95060 0.95780 0.00740 0.00850 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2020 AMOUNT: $ 12,195. 2021 AMOUNT: $ 2,189. 2022 AMOUNT: $ 5,225. 2023 AMOUNT: $ 39,936. RESIDENT PERSONAL NEEDS - 2020 AMOUNT: $ 116,824. DIALYSIS JOINT VENTURE INCOME - 2020 AMOUNT: $ -59,143. PHYSICIAN REVENUE - 2020 AMOUNT: $ 86,925. RELATED ORG ADMIN REVENUE - 2021 AMOUNT: $ 1,200,000. 2022 AMOUNT: $ 1,100,000. IT SERVICE REVENUE - 2021 AMOUNT: $ 17,583. 2022 AMOUNT: $ 50,062. VENDOR REFUNDS - 2021 AMOUNT: $ 9,441. ADMIN SERVICES - 2024 AMOUNT: $ 185. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 13918396 1425255 15343651 13736936 1381252 1199792 13918396 13220498 988924 472486 13736936 15169404 -1528787 420119 13220498 12924714 250000 2454050 459360 15169404 0.79690 0.13010 0.07300 0 1 0 23512 17009 6503 6503 BENEFICIAL INTEREST IN SPLIT-INTEREST AGREEMENTS 244473 CASH SURRENDER VALUE OF INSURANCE POLICIES 830178 BENEFICIAL INTEREST IN NET ASSETS OF FOUNDATION 39159087 RIGHT OF USE LEASE ASSETS 361219 40594957 ACCRUED WORKERS COMPENSATION 457401 RIGHT-OF-USE LEAVE OBLIGATION 371878 829279 4540869 400003 2220301 2620304 1920565 -109776 -109776 1810789 2061268 109776 109776 1951492 638380 638380 2589872 PART V, LINE 4: THE ENDOWMENT FUND ASSURES THE CONTINUITY OF THE CENTER'S MISSION TO CARE FOR THE ELDERLY FOR GENERATIONS TO COME AND IS MAINTAINED ACCORDING TO NATIONALLY ACCEPTED ENDOWMENT PRINCIPLES CONCERNING GROWTH, SPENDING, AND MANAGEMENT. DURING FY2021 THE ENDOWMENT FUND WAS TRANFERRED TO THE ABRAMSON SENIOR CARE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF PLEDGES RECEIVABLE 164,779. CHANGE IN VALUE OF SPLIT INTEREST -277,914. CHANGE IN BENEFICIAL INTEREST IN NA OF FOUNDATION 2,971,816. LOSS FROM DISCONTINUED OPEARTIONS -626,875. INVESTMENT MANAGEMENT FEES -462. RECLASS OF NEGATIVE INVESTMENT INCOME -11,043. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -109,776. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 109,776. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES 462. LOSS FROM DISCONTINUED OPERATIONS 626,875. RECLASS OF NEGATIVE INVESTMENT INCOME 11,043. X 1 1 X X X X 0 0 0 0 0 0 0 1 0 ROBIN BRANDIES VP OF DEV./PRES. 256414 0 51000 0 0 0 3442 0 19426 0 330282 0 0 0 LANA POZDNYAKOV DIR., OPERATIONS & HEALTH MGMT 146292 0 0 0 0 0 1700 0 30110 0 178102 0 0 0 PART I, LINE 1A THE VP OF DEVELOPMENT RECEIVES DISCRETIONARY AUTOMOBILE SPENDING ACCOUNTS. PART I, LINE 7 OFFICERS ARE AWARDED BONUSES BASED ON SPECIFIC CRITERIA ESTABLISHED AT THE BEGINNING OF THE FISCAL YEAR. THESE BONUSES ARE BASED ON SPECIFIC QUALITATIVE AND QUANTITATIVE GOALS AND ARE NOT PAID IF THESE CRITERIA ARE NOT MET. SAMUEL GOLDSTEIN MR. GOLDSTEIN SERVES AS A TRUSTEE AND IS ON THE EXECUTIVE & FINANCE COMM 101480 MR. GOLDSTEIN IS A PARTNER IN THE LIMITED PARTNERSHIP WHICH OWNS THE PAVILLION BUILDING IN JENKINTOWN, PA WHICH ABRAMSON LEASES AT MARKET PRICES. 0 FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION ALSO HAS HONORARY TRUSTEES. THESE HONORARY TRUSTEES HAVE LIMITED VOTING RIGHTS AND ARE CONSEQUENTLY NOT LISTED ON PART VII. THE HONORARY TRUSTEES MAY ONLY VOTE ON THE FOLLOWING ISSUES: 1. ELECTION OR REMOVAL OF MEMBERS OF THE CORPORATION; 2. ELECTION OR REMOVAL OF OFFICERS, TRUSTEES OR HONORARY TRUSTEES OF THE CORPORATION; 3. THE PURCHASE, SALE, PLEDGE, LEASE OR EXCHANGE BY THE CORPORATION, OTHER THAN IN THE ORDINARY COURSE OF BUSINESS, OF PROPERTY AND ASSETS AT A COST EQUIVALENT TO OR GREATER THAN TWENTY PERCENT (20%) OF THE NET WORTH OF THE CORPORATION AS REFLECTED ON THE BALANCE SHEET MOST RECENT TO THE DATE OF SUCH PURCHASE; 4. THE MERGER, CONSOLIDATION OR OTHER BUSINESS COMBINATION INVOLVING THE CORPORATION AND ANY OTHER CORPORATION, PROFIT OR NOT-FOR-PROFIT, OR ENTITY; 5. THE ADOPTION OF ANY PLAN OR PROPOSAL FOR THE LIQUIDATION OR DISSOLUTION OF THE CORPORATION; 6. THE ADOPTION, ALTERATION, AMENDMENT OR REPEAL OF BYLAWS. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING BOARD MEMBERS (INCLUDING HONORARY TRUSTEES NOT REPORTED IN FORM 990, PART VII) HAVE FAMILY RELATIONSHIPS: MINDY WEXLER - BRUCE GOODMAN (SIBLINGS) LEONARD ABRAMSON - RICHARD WOLFSON (SON IN LAW) LEONARD ABRAMSON - MARC FELGOISE (SON IN LAW) ARNOLD KRAMER - KAREN KRAMER (DAUGHTER IN LAW) PETER SPAIN - MURRAY SPAIN (FATHER) MICHAEL SILVERBERG - KAREN SILVERBERG (WIFE) JEFF LICHT - BARRY ABRAMSON (UNCLE) PHYLLIS GITLIN - AMY GITLIN (DAUGHTER) STANLEY GINSBURG - MARC H. GINSBURG (SON) CHRIS SCHELL - PHYLLIS FINKELSTEIN (MOTHER IN LAW) NEAL R. PEARLSTINE - SHIRLEY PEARLSTINE (STEP MOTHER) MINDY WEXLER - NEAL R. PEARLSTINE (BROTHER IN LAW) BRUCE GOODMAN - NEAL R. PEARLSTINE (BROTHER IN LAW) WILLIAM PERILSTEIN - RONALD PERILSTEIN (SON) MINDY WEXLER - STEFI LEVIN (AUNT) BRUCE GOODMAN - STEFI LEVIN (AUNT) BRUCE GOODMAN - CISSIE FRANTZ (AUNT) MINDY WEXLER - STEFI LEVIN (AUNT) MICHAEL STEINBERG - LORI ISRAELITE (COUSIN) MARK FISHMAN ANNABELLE FISHMAN (MOTHER) MANDELL, JONATHAN - MORTON MANDELL (FATHER) FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION UNDERSTANDS THE IMPORTANCE OF HAVING THE FULL BOARD REVIEWING THE RETURN BEFORE THE RETURN IS FILED. THIS PROCESS HAS BEEN CONSCIENTIOUSLY FOLLOWED FOR MANY YEARS. THE CURRENT YEAR IS THE LAST FULL YEAR OF FILING DUE TO AN IMPENDING MERGER WITH ANOTHER TAX-EXEMPT ORGANIZATION. THE BOARD, IN THE INTERIM, HAS BEEN DISBANDED AND ONLY A FEW BOARD MEMBERS ARE LEFT TO ENSURE THE MERGER IS SUCCESSFUL. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ITS BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES TO ANNUALLY REVIEW THE CONFLICT OF INTEREST POLICY AND REPORT ANY CONFLICTS. THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND PROCEDURES ARE AS FOLLOWS: 1. THE CORPORATION RECOGNIZES THAT THE SKILLS, TALENTS AND RELATIONSHIPS OF ITS OFFICERS AND MEMBERS OF ITS BOARD OF TRUSTEES ARE AMONG ITS RICHEST ASSETS. THE CORPORATION ALSO IS AWARE THAT ACQUIRING GOODS OR SERVICES FROM, OR ENGAGING IN TRANSACTIONS WITH, ITS OFFICERS, TRUSTEES (AS USED IN THIS ARTICLE XII, ALL REFERENCES TO TRUSTEES SHALL BE DEEMED TO INCLUDE HONORARY TRUSTEES), MEMBERS OF THEIR FAMILIES OR ENTITIES IN WHICH THEY HAVE A FINANCIAL INTEREST OR WITH WHICH THEY ARE AFFILIATED (COLLECTIVELY SUCH PERSONS AND ENTITIES ARE REFERRED TO AS INTERESTED PARTIES) MAY CREATE AN APPEARANCE OF IMPROPRIETY. IN ORDER TO PROTECT THE CORPORATION AGAINST ANY IMPROPER APPEARANCE, THE CORPORATION WILL RESTRICT ITS BUSINESS DEALINGS WITH INTERESTED PARTIES AS FOLLOWS: 2. THE CORPORATION MAY ACQUIRE GOODS OR SERVICES FROM, OR OTHERWISE TRANSACT BUSINESS WITH, AN INTERESTED PARTY IF THE BOARD DETERMINES IN ITS JUDGMENT THAT THE GOODS OR SERVICES PROVIDED TO THE CORPORATION ARE, OR THE TRANSACTION IS, ON TERMS NO LESS ADVANTAGEOUS TO THE CORPORATION THAN THE TERMS AVAILABLE TO THE CORPORATION FROM THIRD PARTIES. MOREOVER, THE CORPORATION ANTICIPATES THAT ANY SUCH ACQUISITION MAY BE ON TERMS THAT ARE MORE ADVANTAGEOUS TO THE CORPORATION THAN THOSE GENERALLY EXTENDED BY THIRD PARTIES. IF AN INTERESTED PARTY OFFERS TERMS WHICH ARE AS ADVANTAGEOUS TO THE CORPORATION AS TERMS OFFERED BY ANOTHER VENDOR, THE CORPORATION MAY, BUT SHALL NOT BE REQUIRED TO, CONSIDER OTHER BENEFITS DERIVED BY IT FROM THE INTERESTED PARTY (E.G., PAST OR ANTICIPATED SERVICES RENDERED OR FINANCIAL SUPPORT) IN SELECTING BETWEEN OTHERWISE EQUALLY DESIRABLE VENDORS. 3. WHENEVER THE CORPORATION IS CONSIDERING ACQUIRING GOODS OR SERVICES FROM, OR ENTERING INTO A TRANSACTION WITH AN INTERESTED PARTY, THE DETAILS THAT CREATE THE INTERESTED PARTY RELATIONSHIP SHALL BE DISCLOSED TO THE CORPORATION IN WRITING. A COPY OF THE DISCLOSURE SHALL BE SUPPLIED TO THE CONFLICT OF INTEREST COMMITTEE (THE COMMITTEE) REFERRED TO BELOW. 4. THE CORPORATION SHALL ENTER INTO A TRANSACTION WITH AN INTERESTED PARTY (AN INTERESTED PARTY TRANSACTION) ONLY IF EITHER THE BOARD OF TRUSTEES (THE MAJORITY THEN SERVING) OR THE COMMITTEE (THE MAJORITY THEN SERVING) IS MADE AWARE OF THE INFORMATION REFERRED TO IN SUBSECTION 2 AND APPROVES THE TRANSACTION AS BEING FAIR TO AND IN THE BEST INTERESTS OF THE CORPORATION. ADDITIONALLY, THE EXECUTIVE COMMITTEE SHALL HAVE THE AUTHORITY TO ACT FOR THE BOARD OF TRUSTEES IN GRANTING THE APPROVAL CONTEMPLATED BY THIS PARAGRAPH. FOR PURPOSES OF THE PRECEDING TWO SENTENCES, ANY TRUSTEE, EXECUTIVE COMMITTEE MEMBER OR COMMITTEE MEMBER WHO IS (OR HAS AN INTEREST IN OR IS RELATED TO) THE EXECUTIVE COMMITTEE MEMBER OR COMMITTEE MEMBER THEN SERVING (INCLUDING, WITHOUT LIMITATION, FOR THE PURPOSE OF DETERMINING A QUORUM), SHALL NOT PARTICIPATE IN THE VOTE ON THE TRANSACTION AND SHALL NOT ATTEND THE MEETING WHILE APPROVAL OF THE TRANSACTION IS CONSIDERED. NOTWITHSTANDING THE FOREGOING, HOWEVER, PRIOR APPROVAL OF THE BOARD OF TRUSTEES OR THE COMMITTEE SHALL NOT BE REQUIRED IF (A) EMERGENCY CIRCUMSTANCES MAKE SUCH APPROVAL IMPRACTICAL (IN WHICH EVENT THE TRANSACTION SHALL BE REPORTED TO THE BOARD OF TRUSTEES PROMPTLY AFTER FACT), OR (B) IF THE TRANSACTION FALLS BELOW A DE MINIMIS THRESHOLD ESTABLISHED BY THE BOARD OF TRUSTEES OR THE COMMITTEE. 5. THE BOARD SHALL CREATE A STANDING CONFLICT OF INTEREST COMMITTEE (THE COMMITTEE) CONSISTING OF MEMBERS OF THE BOARD TO WHICH THE BOARD DELEGATES RESPONSIBILITIES TO: A. DEVELOP PROCEDURES AND GUIDELINES (COLLECTIVELY CALLED POLICIES) REGARDING INTERESTED PARTY TRANSACTIONS. SUCH POLICIES SHALL BE REPORTED TO THE BOARD OF TRUSTEES. POLICIES ADOPTED BY THE COMMITTEE SHALL BE BINDING UPON THE CORPORATION UNLESS DISAPPROVED BY THE BOARD OF TRUSTEES; B. MONITOR TRANSACTIONS WITH INTERESTED PARTIES; C. MAKE SUCH RECOMMENDATIONS AS IT MAY DEEM APPROPRIATE FROM TIME TO TIME FOR ACTIONS TO BE TAKEN BY THE EXECUTIVE COMMITTEE OR THE BOARD OF TRUSTEES WITH RESPECT TO INTERESTED PARTY TRANSACTIONS; D. INTERPRET THIS ARTICLE OF THE BYLAWS; E. ESTABLISH SUCH CRITERIA AS IT MAY DEEM APPROPRIATE FOR DE MINIMIS TRANSACTIONS THAT NEED NOT BE APPROVED HEREUNDER; AND F. REPORT AT LEAST ONCE IN EACH CALENDAR YEAR TO THE BOARD OF TRUSTEES ON THE ACTIVITIES. POLICIES OF CONFLICT OF INTEREST COMMITTEE OF THE ABRAMSON CENTER APPROVED BY THE BOARD OF TRUSTEES MAY 11, 2011 THE CONFLICT OF INTEREST COMMITTEE OF THE ABRAMSON CENTER FOR JEWISH LIFE HEREBY ADOPTS THE FOLLOWING POLICIES PURSUANT TO ARTICLE XII, SECTION 5(A) OF THE CORPORATION'S BYLAWS. THE COMMITTEE WILL GENERALLY APPROVE AN INTERESTED PERSON RELATIONSHIP ONLY IF IT IS MORE ADVANTAGEOUS TO THE CENTER THAN IS OTHERWISE AVAILABLE FROM THIRD PARTIES IN THE COMMITTEE'S JUDGMENT, CONSIDERING PRICE AND ALL OTHER RELEVANT ASPECTS OF VALUE. SUPPLEMENTING BUT NOT LIMITING THE PROVISION OF THE BYLAWS, AN "INTERESTED PARTY" SHALL INCLUDE "FAMILY MEMBERS" OF AN INDIVIDUAL. FAMILY MEMBERS SHALL INCLUDE ONLY AN INDIVIDUAL'S SPOUSE, ANCESTORS (PARENTS, GRANDPARENTS, ETC.), BROTHERS AND SISTERS (WHETHER WHOLE OR HALF BLOOD), CHILDREN (WHETHER NATURAL OR ADOPTED), GRANDCHILDREN, GREAT-GRANDCHILDREN, AND SPOUSES OF BROTHERS, SISTERS, CHILDREN, GRANDCHILDREN, AND GREAT-GRANDCHILDREN. "INTERESTED PARTY" SHALL ALSO INCLUDE ANY ENTITY IN WHICH AN INDIVIDUAL AND HIS OR HER FAMILY MEMBERS TOGETHER HOLD AN EQUITY INTEREST OF 35% OR MORE. BEFORE A PERSON IS NOMINATED AS TRUSTEE OR HONORARY TRUSTEE, REASONABLE EFFORTS SHOULD BE MADE TO DETERMINE IF THE PERSON'S ELECTION WILL CREATE AN INTERESTED PARTY RELATIONSHIP. AMONG OTHER STEPS, THE PROSPECTIVE NOMINEE SHOULD BE REQUESTED TO REVIEW THE LIST OF THE CENTER'S VENDORS AND DISCLOSE ANY CONNECTION HE OR SHE HAS WITH ANY VENDOR OTHER THAN A CUSTOMER IN THE ORDINARY COURSE OF BUSINESS. IF THE POTENTIAL NOMINEE'S ELECTION WOULD CREATE AN INTERESTED PARTY RELATIONSHIP, THE PERSON SHOULD BE ENCOURAGED TO SUPPORT THE CENTER BY JOINING A COMMITTEE OR PARTICIPATING IN PROJECTS AS A VOLUNTEER BUT NOT BECOME A BOARD MEMBER. IF, NONETHELESS, IT APPEARS APPROPRIATE TO NOMINATE THE PERSON AS A BOARD MEMBER, THE PREFERENCE SHOULD BE TO NOMINATE HIM OR HER AS AN HONORARY TRUSTEE RATHER THAN A TRUSTEE. IN NO EVENT SHOULD A PERSON BE NOMINATED AFTER THE DATE OF THE ADOPTION OF THIS POLICY TO SERVE AS A TRUSTEE IF THE ANNUAL AMOUNT OF THE CENTER'S PAYMENTS TO THE RELATED ENTITY HAVE EXCEEDED OR ARE EXPECTED TO EXCEED $50,000; PROVIDED THAT STANDING TRUSTEES SHALL NOT BE BARRED FROM CONTINUING TO SERVE AS A TRUSTEE OR HONORARY TRUSTEE. BEFORE AN INTERESTED PARTY RELATIONSHIP IS APPROVED BY THE COMMITTEE, THE STAFF MEMBER OR COMMITTEE PROPOSING THE RELATIONSHIP SHALL ADVISE THE COMMITTEE IN WRITING OF THE REASON(S) FOR THE RECOMMENDATION, ANY ALTERNATIVES CONSIDERED AND THE DUE DILIGENCE USED TO DETERMINE THE RELEVANT FACTS. IF AN INTERESTED PARTY RELATIONSHIP IS APPROVED, THE CENTER SHALL CONDUCT A REQUEST FOR PROPOSAL (RFP) FOR ALTERNATIVE VENDORS FOR THE GOODS OR SERVICES INVOLVED AT LEAST ONCE EVERY TWO YEARS WHENEVER PRACTICAL. THE COMMITTEE RECOGNIZES THAT THERE MAY BE CIRCUMSTANCES WHERE CHANGING VENDORS ON THIS CYCLE IS IMPRACTICAL - E.G. WHERE COUNSEL IS ENGAGED TO REPRESENT THE CENTER IN A LITIGATION WHICH IS NOT CONCLUDED WITHIN TWO YEARS, AND IT WOULD BE INEFFICIENT AND IMPRACTICAL TO CHANGE COUNSEL DURING THE COURSE OF THE LITIGATION. A RELATIONSHIP SHALL NOT BE CONSIDERED AN INTERESTED PARTY RELATIONSHIP IF THE FOLLOWING CRITERIA ARE MET: (1) AN INTERESTED PARTY IS AN EMPLOYEE OF A PUBLICLY OWNED COMPANY (INCLUDING ITS DIRECT OR INDIRECT SUBSIDIARIES), OR A LARGE NON-PROFIT ENTITY SUCH AS A HOSPITAL SYSTEM OR BLUE CROSS AFFILIATE, THAT HAS TRANSACTIONS WITH THE CENTER (THE "VENDOR"), BUT IS NOT A DIRECTOR, OFFICER, TRUSTEE OR HOLDER OF A SIMILAR POSITION WITH THE VENDOR OR ITS RELEVANT BUSINESS UNIT; (2) THE INTERESTED PARTY DOES NOT PARTICIPATE IN CREATING OR SUPERVISING THE VENDOR'S RELATIONSHIP WITH THE CENTER AND RECEIVES NO COMPENSATION RELATING TO OR MEASURED BY SUCH RELATIONSHIP, AND (3) THE RELATIONSHIP WITH THE CENTER PROVIDES AND IS EXPECTED TO PROVIDE LESS THAN 1% OF THE VENDOR'S ANNUAL REVENUE. NOTWITHSTANDING THE FOREGOING, IF THE COMMITTEE BECOMES AWARE OF SUCH A RELATIONSHIP, THE COMMITTEE'S RECORDS SHALL NOTE THE RELEVANT INFORMATION. ALL INTERESTED PARTIES WITH WHOM RELATIONSHIPS ARE APPROVED SHALL BE ADVISED OF THE CENTER'S BYLAWS AND POLICIES RELATING TO INTERESTED PARTY TRANSACTIONS. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR OFFICERS OF THE ORGANIZATION IS ESTABLISHED BY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES. MINUTES OF THE COMPENSATION COMMITTEE MEETINGS ARE MAINTAINED. COMPARABILITY DATA IS EMPLOYED AT THE TIME OF HIRE TO ENSURE EXECUTIVES' SALARIES REMAIN WITHIN FAIR MARKET VALUE FOR THE INDUSTRY. CONTEMPORANEOUS DOCUMENTATION OF THE COMMITTEE'S DELIBERATION AND DECISION IS MAINTAINED FOR THE CEO POSITION. 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. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PLEDGES RECEIVABLE 164,779. CHANGE IN VALUE OF SPLIT INTEREST -277,914. CHANGE IN BENEFICIAL INTEREST OF NA OF FOUNDATION 2,971,816. ABRAMSON AT HOME LLC 345 MONTGOMERY AVE BALA CYNWYD PA 19004 271312333 HOME HEALTH & GERIATRIC CARE PA 0 0 MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE MADLYN & LEONARD ABRAMSON CENTER FOR JEWISH LIFE WORKERS' COMPENSATION TRUS 345 MONTGOMERY AVE BALA CYNWYD PA 19004 232717561 PROVIDE WORKERS' COMPENSATION BENEFITS PA 501(C)(3) LINE 12A, I MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE 0 ABRAMSON SENIOR CARE FOUNDATION 1038 RAFFLES LANE BRYN MAWR PA 19010 834603779 HOLDS INVESTMENTS PA 501(C)(3) LINE 7 MADLYN AND LEONARD ABRAMSON CENTER FOR JEWISH LIFE 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0 ABRAMSON SENIOR CARE FOUNDATION C 950000 COST