2012-10-12T09:27:33-05:00 2011-12-31 EISNERAMPER LLP 101 West Avenue Jenkintown PA 19046 990 2011-01-01 232324586 BEAUMONT RETIREMENT SERVICES INC % SUSAN KENDRA CFO BEAU 6105267000 601 NORTH ITHAN AVENUE BRYN MAWR PA 19010 SUSAN KENDRA 6105267000 2012-05-04 true EISNERAMPER LLP 2158818800 2012-05-04 2011 2016-02-24 21:20:13Z Susan Kendra CFO 601 NORTH ITHAN AVENUE BRYN MAWR PA 19010 16940789 false X WWW.BEAUMONTRETIREMENT.COM X 1984 PA FULFILL THE HEALTH, SOCIAL AND RECREATIONAL NEEDS OF OLDER PERSONS THROUGH THE COMPANY'S INDEPENDENT LIVING, SKILLED NURSING AND PERSONAL CARE FACILITIES. 6 4 290 95 0 56926 99474 14717032 15203585 557516 270275 290172 358616 15621646 15931950 0 0 0 0 10241333 10568853 0 0 0 4293636 4508654 14534969 15077508 1086677 854442 13158307 12867449 2425425 2007965 10732882 10859484 ENABLE OLDER PERSONS TO LIVE A MEANINGFUL, PLEASANT, REWARDING AND DIGNIFIED LIFE IN A FRIENDLY AUTMOSPHERE. PROVIDE THEM WITH QUALITY HEALTH CARE AND SECURITY. false false 5105284 15562201 PROVIDING OF MEDICAL AND NON-MEDICAL SERVICES TO THE ELDERLY RESIDENTS OF BEAUMONT; INCLUDING THE TEMPORARY OR PERMANENT OCCUPANCY IN THE HEALTH CARE CENTER AND ASSISTED LIVING FACILITY AND TO OPERATE THE PROJECT FOR THE CO-OP. 5105284 true true false false false false false false true true true false false true true true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false true false true false false true 26 0 true 290 true false false false false false false false false false false X 6 4 false false false false false false false true true false false true true true true true true true true false PA X SUSAN KENDRA CFO 6105267000 601 NORTH ITHAN AVENUE BRYN MAWR PA 19010 MR FRED BRENNER 2.0 X 0 0 0 MR JOHN BUTTERWORTH 1.5 X X 0 0 MR C JAMES LUTHER 1.5 X 0 0 MR ELMER ROSEN 1.5 X X 0 0 MR JOHN WOOLFORD 1.5 X 0 0 MR JOSEPH FORTENBAUGH III 40.0 X 405138 20896 MRS LINDA LEMISCH 40.0 X 120996 8198 MS SUSAN KENDRA 40.0 X 70615 11943 J David Mustin 40.0 X 160301 31689 757050 0 72726 3 false true false Weintraub Telecomm LLC 1002 West 9th Avenue KING OF PRUSSIA PA 19406 765000 Bunny Murphy 15 Llanfair Rd Unit F ARDMORE PA 19003 401618 US Foodservice Inc 1200 HOOVER AVENUE ALLENTOWN PA 18109 271282 Worth Company Inc 6263 KELLERS CHURCH ROAD PIPERSVILLE PA 18947 227371 Morris Clemm PC 527 PLYMOUTH ROAD 416 PLYMOUTH MEETING PA 19462 221295 5 99474 99474 SERVICE CHARGES 623990 7649239 7649239 RESIDENT BILLINGS 623990 3686860 3686860 CARE FACILITY 623990 3042820 3042820 ASSISTED LIVING FACILITY 623990 595816 595816 ADMISSION FEES 623990 228850 228850 15203585 206147 206147 0 0 1072967 1008839 64128 64128 64128 0 0 0 OTHER PATIENT SERVICE REVENUE 623990 358616 358616 358616 15931950 15562201 270275 0 0 0 0 829775 165955 663820 0 0 7692527 1538505 6154022 342092 68418 273674 1057257 211451 845806 647202 129440 517762 0 28891 28891 23500 23500 0 0 0 855901 723607 132294 214199 214199 369555 307484 62071 86765 86765 0 164121 122871 41250 1038 1038 0 0 28502 28502 0 164493 164493 165416 165416 PROGRAM SUPPLIES 1432301 1432301 MISCELLANEOUS 399282 24605 374677 AUTO AND VEHICLES 94614 79470 15144 BEAUMONT FUND EXPENSE 336833 336833 143243 136684 6559 15077507 5105284 9972223 0 700 700 2674879 1883029 0 0 1056176 342019 0 0 0 0 0 0 110853 109863 121532 101518 3358585 1218473 1588168 2140112 5810042 6190297 1795957 1825385 0 0 0 0 0 274526 13158307 12867449 1561331 1562188 0 0 0 0 634190 433207 0 0 0 0 0 0 0 0 229904 12570 2425425 2007965 X 9960944 10105636 500826 482736 271112 271112 10732882 10859484 13158307 12867449 X 854443 -727841 X X false true true X false X 205164 289832 318374 56926 99474 969770 14314604 13692057 14046208 14713379 15203585 71969833 14519768 13981889 14364582 14770305 15303059 72939603 52182 10030 10000 17000 17000 106212 52182 10030 10000 17000 17000 106212 72833391 1361057 403897 48985 199058 206147 2219144 1361057 403897 48985 199058 206147 2219144 327562 306272 294466 293825 358616 1580741 16208387 14692058 14708033 15263188 15867822 76739488 0.94910 0.93840 0.02892 0.04040 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 357711 34223 2249 30775 363408 379856 9550 12727 44422 357711 359918 18177 19904 18143 379856 288206 144548 -44407 28429 359918 0.75000 0.25000 false false 0 2152103 968442 1183661 0 1206482 250031 956451 2140112 VANGUARD TOTAL STOCK INDEX FUN 737399 F VANGUARD ST INV GRADE ADM FUND 1087986 F 1825385 0 CHARITABLE GIFT ANNUITIES 12570 12570 15931950 15077507 854443 123768 -851608 -727840 126603 16055718 123768 123768 15931950 15931950 15929116 851608 851608 15077508 15077508 PART V, LINE 4 ENDOWMENT FUNDS ARE INTENDED TO BE USED FOR EMPLOYEE SCHOLARSHIPS, BENEFITS, AND TRAINING. PART X, LINE 2 U.S. GAAP requires entities to evaluate, measure, recognize and disclose any uncertain income tax positions taken on their income tax returns. Management has evaluated the impact of this standard on its financial statements and believes that there are no uncertain tax positions. Services recognizes accrued interest and penalties associated with uncertain tax positions, if any, as part of its income tax provision. There was no income tax or related interest and penalties recorded for the years ended December 31, 2011 and 2010. The information returns of Services for the fiscal years ended December 31, 2008, 2009 and 2010 are subject to examination by the Internal Revenue Service and other various taxing authorities, generally for three years after they were filed. PART XI, LINE 8 OTHER CHANGES IN NET ASSETS CAPITAL FUND PURCHASES NOT EXPENSED ON FORM 990 PART XIII, LINE 2D OTHER CAPITAL FUND PURCHASES NOT EXPENSED ON FORM 990 X X X false false false false false false false false false MR JOSEPH FORTENBAUGH III 405138 0 0 20000 896 426034 0 J David Mustin 160301 0 0 18832 12857 191990 0 NARBERTH BOROUGH 233077285 2003-12-31 2700000 RENOVATION OF SKILLED NURSING FACI false false false 2266793 0 2700000 0 0 0 0 0 0 2700000 0 0 2005 false false true true false false false false 0.00000 0.00000 0.00000 true false false false 0 false 0 false false FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION WORKS IN CONJUNCTION WITH THE ORGANIZATION'S INDEPENDENT CPA'S TO COMPLETE A DRAFT OF THE FORM 990. THE COMPANY'S VICE PRESIDENT - FINANCE FIRST COMPLETES A FORM 990 ORGANIZER DEVELOPED BY THE INDEPENDENT CPA'S, WHICH ADDRESSES THE QUESTIONS ON FORM 990. AFTER THE QUESTIONAIRE IS RETURNED TO OUR CPA'S, THEY COMPLETE A DRAFT 990. THE DRAFT IS REVIEWED BY THE VICE PRESIDENT - FINANCE OR CHIEF FINANCIAL OFFICER. A SECOND DRAFT OF FORM 990 IS THEN SENT TO THE GOVERNING BODY WHO DISCUSS IT. IF THE FINANCE COMMITTEE HAS CHANGES, THE VICE PRESIDENT - FINANCE OR CHIEF FINANCIAL OFFICER DISCUSSES THEM WITH THE CPA'S AND THEY ARE INCORPORATED INTO THE RETURN, IF APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 12C ALL OFFICERS, DIRECTORS, AND MANAGERS ARE REQUIRED TO PROVIDE DETAILS ANNUALLY OF CONFLICTS OF INTEREST. IF THERE ARE NONE, THEY ARE REQUIRED TO SIGN OFF ANNUALLY AS SUCH. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATIONS EXECUTIVE COMMITTEE MEETS ANNUALLY AND REVIEWS LOCAL AND REGIONAL SALARY AND BENEFIT SURVEYS ALONG WITH THE CURRENT SALARY AND BENEFIT PACKAGES OF THE OFFICERS. AFTER ALL OF THE DATA IS ANALYZED, THE EXECUTIVE COMMITTEE APPROVES OFFICERS' SALARY INCREASES AND BENEFIT PACKAGES FOR THE UPCOMING YEAR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S TAX RETURNS, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT ITS ADMINISTRATIVE OFFICE UPON REQUEST. IN ADDITION, THE COPIES OF THE GOVERNING DOCUMENTS ARE GIVEN TO NEW MEMBERS IN ADVANCE OF THEIR ADMISSION. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE FINANCIAL STATEMENTS AS WELL AS THE SELECTION OF THE INDEPENDENT ACCOUNTANTS. THIS PROCESS IS UNCHANGED FROM THE PRIOR YEAR. BEAUMONT RETIREMENT COMMUNITY 601 N ITHAN AVENUE BRYN MAWR PA 19010 232324587 LEASES REALESTATE PA NA C CORP false false false false false false false false false true false false false false false false true false BEAUMONT RETIREMENT COMMUNITY Q 685730 FMV FORM 990, SCHEDULE R, PART V BEAUMONT RETIREMENT SERVICES, INC. ("SERVICES") LEASES THE HEALTH CARE FACILITIES AND COMMON AREAS FROM BEAUMONT RETIREMENT COMMUNITY, INC. ("COMMUNITY"), A FOR PROFIT ORGANIZATION WHICH IS OWNED BY THE RESIDENTS OF THE RETIREMENT COMMUNITY, UNDER THE TERMS OF A 29 YEAR LEASE THAT EXPIRES DECEMBER 31, 2032. THE LEASE PROVIDES FOR AN ANNUAL RENT OF $1. SERVICES ALSO PROVIDES SERVICES TO THE RESIDENTS OF COMMUNITY UNDER THE TERMS OF A MAINTENANCE AND SERVICE AGREEMENT AT NO ADDITIONAL CHARGE. THE OWNERS OF THE COMMUNITY SERVE ON THE BOARD OF DIRECTORS OF SERVICES AND LEASE THE FACILITIES AT BELOW FAIR MARKET VALUE TO ENABLE THE NONPROFIT CORPORATION TO CARRY OUT ITS MISSION.