2011-01-17T11:06:51-06:00 2010-05-31 Moore Stephens Lovelace P A 14400 NW 77th Court Suite 306 Miami Lakes FL 33016 990 2009-06-01 592120896 Joseph L Morse Geriatric Center Inc JOSE 5616875753 4847 Fred Gladstone Drive West Palm Beach FL 33417 Hong Chae 5616875753 2011-01-17 1 Karin E Vickers 3058199555 2009 2016-02-24 21:20:13Z Keith A Myers 4847 Fred Gladstone Drive West Palm Beach FL 33417 31305121 0 X www.morselife.org X 1980 FL The organization owns and operates a 280 bed skilled nursing facility. 73 73 700 574 0 0 415548 303734 28468000 29437684 699621 491164 1132158 1072539 30715327 31305121 0 0 17998435 20436210 0 0 10325463 8479264 28323898 28915474 2391429 2389647 30456163 32560366 14629939 14344495 15826224 18215871 The organization owns and operates a 280 bed skilled nursing facility, providing care to indigent and frail seniors in the surrounding area. The organization is dedicated to enhancing senior living in the spirit of Jewish tradition. 0 0 15175903 28558026 Skilled Nursing - Morse Geriatric Center is a licensed 280 bed skilled nursing facility (SNF) that provides both long term care and short term rehabilitation services. The long term skilled nursing component helps to maintain and restore its residents to their highest level of functioning. The facility is designated as a "Gold Seal" facility (awarded to less than 2% of Florida's SNF's). The Short Term Stay (STS) program averages 22% of the population and this program provided medical, nursing, and rehabilitation services to residents with a goal of returning them to a community setting. In the past year, more than 550 residents were returned to the community. The facility is certified for Medicaid and Medicare funding and is surveyed annually by the Agency for Health Care Administration. 378240 235155 Geriatric Research - Schedule O.Geriatric Research - The Institute for Geriatric Research has a formal academic relationship with the University of Miami School of Geriatric Medicine, Florida Atlantic University (FAU) and Nova Southeastern University. Post-Doctoral medical students from the University of Miami rotate through the facility each month. Medical students from FAU, and Nova are placed at the Morse Geriatric campus for clinical rotations. The Institute has field work and preceptor relations in all the allied health professions including nursing, social work, physical therapy, occupational therapy, nutrition, and counseling. The Institute has completed original research on topics ranging from enhancing nutrition, remote wireless monitoring, and workforce recruitment and retention strategies. The Institute has written and/or collaborated to write grants demonstrating best practices with both private and public foundations. The MorseLife Learning Institute was developed to provide training to residents, family members, and professionals. 76370 0 Nursing Education - This program is designed to both meet the mandated training needs of nurses and provide enhanced skills of both direct care and management staff. A monthly calendar of events, typically more than ten classes each month is offered to nursing and geriatric center staff. These educational sessions meet the requirements for licensure and provide specific learning instruction in areas that nursing management has determined as priority needs for the care of the facility's residents. 9670182 1717042 9670182 1717042 25300695 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 23 0 1 700 1 0 0 0 0 0 0 0 0 0 1 1 73 73 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 FL X X Karin Davidson 5612096108 4847 Fred Gladstone Drive West Palm Beach FL 33417 Terri Sriberg 2.00 X X 0 0 0 David S Mack 2.00 X X 0 0 0 Marvin Manes 2.00 X X 0 0 0 Edwin Levine 2.00 X X 0 0 0 Lionel P Greenbaum 2.00 X X 0 0 0 Alec Engelstein 2.00 X X 0 0 0 Stanley Brenner 2.00 X X 0 0 0 Seymour L Spira 2.00 X X 0 0 0 Beverly Robbins 2.00 X X 0 0 0 Dorothy Adler 2.00 X 0 0 0 Margorie Agran 2.00 X 0 0 0 Roy Apple 2.00 X 0 0 0 Harriette Baime 2.00 X 0 0 0 Marilyn Zelnick-Berman 2.00 X 0 0 0 Robin Bernstein 2.00 X 0 0 0 Beatrice Bloch 2.00 X 0 0 0 Erwin Blonder 2.00 X 0 0 0 Martin Cass 2.00 X 0 0 0 Steven Davis 2.00 X 0 0 0 Jack Denholtz 2.00 X 0 0 0 Esther Dinerstein 2.00 X 0 0 0 Edward Dweck 2.00 X 0 0 0 Heinz Eppler 2.00 X 0 0 0 Les Evans 2.00 X 0 0 0 Ellen Falk 2.00 X 0 0 0 Gail Fischer 2.00 X 0 0 0 Theodore Gerson 2.00 X 0 0 0 Alan Golboro 2.00 X 0 0 0 Stephen Goldberg 2.00 X 0 0 0 Norman Goldblum 2.00 X 0 0 0 Craig Goldenfarb 2.00 X 0 0 0 Tom Greenbaum 2.00 X 0 0 0 Linda Haas 2.00 X 0 0 0 Mona Joffe 2.00 X 0 0 0 Burton Katz 2.00 X 0 0 0 Marilyn Katz 2.00 X 0 0 0 Stanley Katz 2.00 X 0 0 0 Elliot Klorfein 2.00 X 0 0 0 Sandra Krakoff 2.00 X 0 0 0 Marilyn Lampert 2.00 X 0 0 0 Theodore Leopold 2.00 X 0 0 0 Suzanne LeVine 2.00 X 0 0 0 Robert Levy 2.00 X 0 0 0 Martin List 2.00 X 0 0 0 Arthur Loring 2.00 X 0 0 0 Brian Lowenthal 2.00 X 0 0 0 Dorothy Ludwig 2.00 X 0 0 0 David Markin 2.00 X 0 0 0 Martin Myers 2.00 X 0 0 0 Ralph Milliken 2.00 X 0 0 0 Nathan Monus 2.00 X 0 0 0 Vickie Moskowitz 2.00 X 0 0 0 Herbert Platzner 2.00 X 0 0 0 Robert Postal 2.00 X 0 0 0 Monroe Potash 2.00 X 0 0 0 David Pratt 2.00 X 0 0 0 Heidi Reiff 2.00 X 0 0 0 Sidney Rosenthal 2.00 X 0 0 0 Harris Rothstein 2.00 X 0 0 0 Joshua Saxe 2.00 X 0 0 0 Lois Silverman 2.00 X 0 0 0 Joan Simmons 2.00 X 0 0 0 Melvin Sirow 2.00 X 0 0 0 Alfred Slifka 2.00 X 0 0 0 Andrea Stark 2.00 X 0 0 0 Michael Stein 2.00 X 0 0 0 Linda Stoch 2.00 X 0 0 0 Craig Storch 2.00 X 0 0 0 Joseph Wasley 2.00 X 0 0 0 Keith Myers 16.00 X X X 580445 0 48822 Carl Shapiro 2.00 X 0 0 0 Bonnie Dwares 2.00 X 0 0 0 Dean Tendrich 2.00 X 0 0 0 Karl Dhana MD 40.00 X 294141 0 25806 Alan Sadowsky 40.00 X 253469 0 25109 Marilyn Blonder-Opas 40.00 X 164708 0 9641 Martin Katz 40.00 X 188289 0 22281 Carmen Shell 40.00 X 179201 0 22261 Mary Alice Pappas 40.00 X 246026 0 21654 Lisa Desmarteau 16.00 X 272694 0 22772 E Drew Gackenheimer X 150000 31878 0 2328973 31878 198346 8 1 1 0 Aetna Inc PO Box 532430 Atlanta GA 303532430 Insurance 1643066 RxPerts Pharmacy Services 6227 park Avenue Morton GRove IL 60053 Pharmaceuticals 778084 Preti Construction 8040 Old Dixie Highway Suite 3 Lake Park FL 33403 Contractor 445301 KornreichNIA Insurance 1400 Centrepark Blvd Suite 600 West Palm Beach FL 33401 Insurance 440679 Cheney Brothers Inc One Cheney Way Riviera Beach FL 33404 Food 404261 16 237714 66020 303734 Net resident service 623000 29437684 29437684 29437684 491101 491101 63 63 63 63 Other revenue 623000 578539 578539 Management fee 623000 494000 494000 1072539 31305121 30510223 0 491164 629267 629267 16760359 15447534 1312825 388443 273248 115195 1390062 1289965 100097 1268079 1158062 110017 40095 40095 43869 43869 209327 209327 29085 29085 184662 7381 177281 23981 23981 906737 906737 138778 107048 31730 81429 69993 11436 44568 44568 1233866 1233866 848846 258006 590840 Supplies 2333364 2333364 Food 1366091 1366091 Bad debt 380236 30236 350000 Equipment and maintenan 243722 243722 Miscellaneous 136148 152466 -16318 234460 116015 118445 28915474 25300695 3614779 0 2214329 1473375 3087762 2252068 10117909 14965309 70832 78999 362023 362270 33377835 20236541 13328346 13141294 130515 70544 1144447 216507 30456163 32560366 2623062 2624867 686320 264079 11160000 11160000 160557 295549 14629939 14344495 X 15826224 18215871 15826224 18215871 30456163 32560366 X 0 1 1 X 0 X 1119153 1190314 777283 415548 303734 3806032 23305473 25566453 25911460 28468000 29437684 132689070 24424626 26756767 26688743 28883548 29741418 136495102 0 0 0 136495102 494969 591130 656754 699621 491164 2933638 494969 591130 656754 699621 491164 2933638 1065033 1204204 1120491 1132158 1072539 5594425 25984628 28552101 28465988 30715327 31305121 145023165 0.94120 0.94140 0.02020 0.02110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 129789 129789 24274570 13148846 11125724 4913163 3947967 965196 4060313 3139728 920585 13141294 Reserve for Workers' Compensation claims 293354 Interest payable 2195 295549 31305121 28915474 2389647 0 2389647 31305121 0 31305121 0 31305121 28915474 0 28915474 0 28915474 X X X X X 1 0 0 0 0 1 1 1 0 Keith Myers 493518 0 50000 0 36927 0 30000 0 18822 0 629267 0 0 0 Karl Dhana MD 294141 0 0 0 0 0 10586 0 15220 0 319947 0 0 0 Alan Sadowsky 253469 0 0 0 0 0 9077 0 16032 0 278578 0 0 0 Marilyn Blonder-Opas 164708 0 0 0 0 0 6212 0 3429 0 174349 0 0 0 Martin Katz 188289 0 0 0 0 0 6766 0 15515 0 210570 0 0 0 Carmen Shell 179201 0 0 0 0 0 6668 0 15593 0 201462 0 0 0 Mary Alice Pappas 246026 0 0 0 0 0 3995 0 17659 0 267680 0 0 0 Lisa Desmarteau 272694 0 0 0 0 0 6412 0 16360 0 295466 0 0 0 E Drew Gackenheimer 0 0 0 0 150000 31878 0 0 0 0 150000 31878 0 0 Part I, Line 4a Drew Gackenheimer, $150,000. Part I, Line 6 See Schedule O. Palm Beach County Florida Variable Rate Demand Revenue Bonds 596000785 696547CS5 2003-07-10 52940000 See Schedule O. 0 0 11160000 205206 10954794 2005 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 Keith Myers X 120000 120000 0 1 1 120000 Form 990, Part VI, Section A, line 2 Marilyn Blonder-Opas, the oganization's Development Director, is the daughter of Board Director, Erwin Blonder. Form 990, Part VI, Section A, line 6 MorseLife, Inc. is the sole member of Joseph L. Morse Morse Geriatric Center, Inc. Form 990, Part VI, Section A, line 7a MorseLife, Inc. is the sole member of Joseph L. Morse Morse Geriatric Center, Inc. Form 990, Part VI, Section A, line 7b MorseLife, Inc. is the sole member of Joseph L. Morse Geriatric Center, Inc. and, as such, elects its Board of Directors and has ultimate voting and veto authority over Board decisions. Form 990, Part VI, Section B, line 11 An Audit, Compliance and Ethics Committee, composed of one or more members of the Board of Directors from each of the MorseLife related organizations and the Senior Vice President of Finance, is responsible for the review of the Form 990 before it is filed. The Treasurer of the sole member corporation, MorseLife, Inc. is the Chairperson of the Committee. This Committee meets with the outside, independent auditors a minimum of two times per year. It approves the audited financial statements and reviews compliance related matters on a quarterly basis. The Committee is responsible for the detailed review of all Forms 990 filed by the Morse related entities. The Form 990 is made available, prior to it being filed, to the full Board of Directors of the reporting organization. The 990 is also available upon request throughout the year or at the website www.guidestar.org. Form 990, Part VI, Section B, line 12c The organization requires all Board members to submit a newly completed conflict of interest statement on an annual basis. Board members who do not adhere to the organization's conflict of interest policy will be temporarily suspended from any voting board activity. The statements, when completed and returned, are reviewed by the Senior Vice President of Finance to ensure that there are no inadvertent conflicts of interest. Form 990, Part VI, Section B, line 15 Joseph L. Morse Geriatric Center, Inc. is an organization controlled by MorseLife, Inc. MorseLife, Inc. has a 4-person compensation committee comprised of the Board chairpersons of each its controlled entities. This committee is responsible for the search, selection, contract negotiation, performance reviews, benefits, and annual salary increases of the President & CEO position. The initial contract negotiations of the President & CEO position were based on the committee's review of similar entities compensation packages for the top official based on those entities' published IRS Form 990. In addition, the compensation committee subscribes and participates in several independent salary surveys conducted by national associations & other provider entities and utilizes the findings of these surveys to ensure comparability and appropriateness of the President/CEO compensation package. The Committee meets at least annually to conduct a performance review of the President/CEO. Performance is based on previously established metrics and benchmarks and the achievement of these goals is the basis for financial incentive, bonus and annual salary increase. The compensation committee documents their meetings with written minutes, as well as memos to the Senior Vice President of Finance, with instructions regarding the Executive compensation. The President & CEO of the organization is responsible for the compensation of the members of the Executive team, including the Sr. Vice Presidents and Chief Financial Officer. Annual increases and base salary amounts are compared to the compensation packages for similar positions utilizing other similar entities' published IRS Form 990. In addition, independent salary surveys conducted by national associations & other provider entities are utilized to ensure comparability and appropriateness. The President & CEO reports on the annual increase, salary adjustment, and/or change in benefit package for the Executive Team members to the Compensation Committee made up of the Chairpersons of the Board of Directors of the MorseLife entities. 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, Lin2 2c Oversight of audit and selection of an independent accountant The organization's Audit, Compliance and Ethics Committee is responsible for the selection, monitoring and evaluation of an independent accounting firm and oversight of the audit of its financial statements. There was no change in this process from the prior year. Schedule J, Part I, Line 6 Compensation Information Keith Myers, President and CEO, has an incentive/bonus clause in his employment agreement with MorseLife, Inc. The contract allows for an opportunity to earn an annual performance bonus in an amount up to 30% of his annual base salary based on successful achievement of a set of mutually agreed upon goals. Goal achievement may include, but is not limited to, fundraising, operational and financial performance, quality control and achievement of expansion initiatives. MorseLife Foundation Inc 4847 Fred Gladstone Drive West Palm Beach FL 33417 592774476 Provides funding to affiliated tax-exempt entities FL 501(c)(3 7 MorseLife Inc Lola & Saul Kramer Senior Services Agency Inc 4847 Fred Gladstone Drive West Palm Beach FL 33417 592753822 Provides home health, adult day care, and other services to seniors FL 501(c)(3 9 MorseLife Inc Nearly New Thrift Shop of Morse Geriatric Center 4847 Fred Gladstone Drive West Palm Beach FL 33417 592533256 Raises funds to support affiliated tax-exempt entities. FL 501(c)(3 11 MorseLife Inc MorseLife Inc 4847 Fred Gladstone Drive West Palm Beach FL 33417 650018299 Provides health care, housing and support services to seniors FL 501(c)(3 n/a N/A Friends of MorseLife Inc 4847 Fred Gladstone Drive West Palm Beach FL 33417 650329966 Raises funds to support affiliated tax-exempt entities. FL 501(c)(3 7 MorseLife Inc The Tradition of the Palm Beaches Inc 4920 Loring Drive West Palm Beach FL 33417 650888855 Operates a senior living community with full health services. FL 501(c)(3 9 MorseLife Inc 0 0 1 1 1 0 0 0 1 1 1 0 0 1 0 1 0 1 MorseLife Foundation Inc K 120000 The Tradition of the Palm Beaches Inc K 175000 Lola & Saul Kramer Senior Services Agency Inc K 175000 Friends of MorseLife Inc K 24000 The Tradition of the Palm Beaches Inc E 59293 Friends of MorseLife Inc D 9295 Lola & Saul Kramer Senior Services Agency Inc D 1709 Nearly New Thrift Shop of Morse Geriatric Center Inc D 33852 MorseLife Foundation Inc E 66412 Friends of MorseLife Inc C 50644 Friends of MorseLife Inc K 86400 Lola & Saul Kramer Senior Services Agency Inc I 39000 Lola & Saul Kramer Senior Services Agency Inc N 110700 The Tradition of the Palm Beaches Inc J 15000 MorseLife Foundation Inc N 422000 Nearly New Thrift Shop of Morse Geriatric Center Inc P 157851 The Tradition of the Palm Beaches Inc N 120000 MorseLife Foundation Inc D 14719000 MorseLife Foundation Inc R 471220