2011-12-07T13:48:48-06:00 2011-06-30 DICICCO GULMAN & COMPANY LLP 150 PRESIDENTIAL WAY SUITE 510 WOBURN MA 01801 990 2010-07-01 043152499 SPRINGHOUSE INC SPRI 6174695800 C/O ROGERSON COMMUNITIES ONE FLORENCE STREET BOSTON MA 02131 MICHAEL TUCCI 6174695800 2011-12-01 1 DONALD A GREENHALGH 7819375300 2010 2016-02-24 21:20:13Z MICHAEL TUCCI C/O ROGERSON COMMUNITIES ONE FLORENCE STREET BOSTON MA 02131 9964517 0 X WWW.SPRINGHOUSEINFO.ORG X 1992 MA TO OPERATE A RETIREMENT COMMUNITY CONSISTING OF 52 INDEPENDENT LIVING UNITS, 61 ASSISTED LIVING UNITS AND 22 DEMENTIA ASSISTED LIVING UNITS. 10 10 103 13 0 0 0 0 6399395 6341095 163322 183472 0 0 6562717 6524567 0 250000 0 0 2793655 2755534 0 0 0 3413098 3459573 6206753 6465107 355964 59460 23653214 23384493 26850392 26151835 -3197178 -2767342 TO ENGAGE IN THE OPERATION OF A CONTINUING CARE FACILITY FOR THE AGED AND ALL ACTIVITIES DIRECTLY OR INDIRECTLY RELATED THERETO. 0 0 5323549 6341095 PROVIDING SERVICES TO RESIDENTS INCLUDING ASSISTED LIVING, INDEPENDENT LIVING CLINICAL SERVICES, MEALS, SOCIAL & CULTURAL ACTIVITIES, HOUSEKEEPING, AND OTHER SERVICES, ALL OF WHICH FURTHER THEIR EXEMPT PURPOSE. 5323549 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 23 0 1 103 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 1 0 MA X X CHITRA SHARMA 6174695800 ONE FLORENCE STREET BOSTON MA 02131 ROBERT CHELLIS 0.30 X 0 0 0 ANNE MARCHETTA 0.40 X X 0 0 0 DR ELINOR DOWNS MD 0.30 X 0 0 0 ELEANOR M JONES 0.40 X 0 0 0 SUSAN CORREA SILVA 0.40 X 0 0 0 MICHAEL A TUCCI 0.40 X X 0 0 0 JONATHAN G TRUSLOW 0.40 X 0 0 0 MICHAEL KILGANNON 0.30 X 0 0 0 J KEVIN LEARY 0.30 X X 0 0 0 HECTOR MASMELA 0.30 X 0 0 0 KATHY FOLEY 40.00 X 102843 0 0 102843 0 0 1 0 0 0 ROGERSON COMMUNITIES ONE FLORENCE STREET BOSTON MA 02130 MANAGEMENT COMPANY 250000 HARVARD PILGRIM HEALTHCARE INC PO BOX 970050 BOSTON MA 022970050 INSURANCE PROVIDER 222102 BAY CONTRACTING 84 LINCOLN STREET BRIGHTON MA 02135 CONSTRUCTION 202222 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DRIVE STE 300 BENSALEM PA 19021 JANITORIAL SERVICES 131757 4 RESIDENT SERVICES 623990 6341095 6341095 6341095 137354 137354 3486068 3439950 46118 46118 46118 6524567 6341095 0 183472 250000 250000 121882 121882 2241805 1950418 291387 227306 197761 29545 164541 142435 22106 263830 263830 3970 3970 20579 20579 47760 47760 466 466 924936 832442 92494 560612 560612 84658 5642 79016 RESIDENT SERVICES 653716 653716 UTILITIES 342910 342910 REPAIRS & MAINTENANCE 274715 274715 ADMINISTRATIVE EXPENSES 155979 155979 TAXES 125442 112898 12544 6465107 5323549 1141558 0 65742 206534 1684300 2546793 9049 28330 80614 53981 20572872 8142015 12701061 12430857 4961227 1943612 4151221 6174386 23653214 23384493 273745 185978 592554 501317 15560000 15095000 10424093 10369540 26850392 26151835 X -3197178 -2767342 -3197178 -2767342 23653214 23384493 X 59460 370376 X 0 1 1 X 0 X 2065 2849 160 5074 6013762 6521631 6777399 6399395 6341095 32053282 6015827 6524480 6777559 6399395 6341095 32058356 0 135477 179270 330789 645536 135477 179270 330789 645536 31412820 351962 425007 237897 172544 137365 1324775 351962 425007 237897 172544 137365 1324775 6367789 6949487 7015456 6571939 6478460 33383131 0.94100 0.94550 0.03970 0.04500 X 1636240 1636240 17415094 6763097 10651997 1521538 1378918 142620 12430857 OTHER ASSETS 10243 BOND ESCROWS 5889211 RESIDENT DEPOSITS 34985 DEFERRED COSTS, NET 239947 6174386 REFUNDABLE ENTRANCE FEES 9837823 RESIDENT DEPOSITS 55590 ACCRUED INTEREST PAYABLE 476127 10369540 6524567 6465107 59460 370376 370376 429836 6894943 370376 370376 6524567 0 6524567 6465107 0 6465107 0 6465107 GAAP PRESCRIBES THE THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. AN ADDITIONAL LIABILITY FOR UNCERTAIN TAX POSITIONS (UTPS) IS RECOGNIZED AND RECORDED AS A COMPONENT OF CURRENT INCOME TAX EXPENSE FOR DIFFERENCES BETWEEN FINANCIAL AND INCOME TAX REPORTING POSITIONS WHICH DO NOT MEET THIS THRESHOLD. ANY INTEREST AND PENALTIES RELATED TO UTPS ARE RECORDED AS A COMPONENT OF INCOME TAX EXPENSE. THE TAX-EXEMPT STATUS OF AN ENTITY IS CONSIDERED A TAX POSITION. SPRINGHOUSE AND THE FOUNDATION HAVE REVIEWED THEIR TAX FILINGS THAT REMAIN SUBJECT TO EXAMINATION BY TAX AUTHORITIES AND HAVE NOT IDENTIFIED ANY MATERIAL UTPS AND THUS HAVE NOT RECORDED ANY ADDITIONAL LIABILITY AT JUNE 30, 2011. SPRINGHOUSE AND THE FOUNDATION FILE TAX RETURNS IN FEDERAL AND STATE JURISDICTIONS. SPRINGHOUSE AND THE FOUNDATION ARE NO LONGER SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES FOR YEARS PRIOR TO 2007. CURRENTLY, THERE ARE NO TAX AUDITS IN PROCESS. 1 THE MOUNT PLEASANT HOME 301 SOUTH HUNTINGTON AVE JAMAICA PLAIN MA 02130 042103822 501(C)(3) 125000 GRANT TO BE USED TO SUPPLEMENT CONSTRUCTION FUNDS FOR REHABILITATION OF NON-PROFIT HOUSING FACILITY. SPRINGHOUSE FOUNDATION INC ONE FLORENCE STREET BOSTON MA 02131 043279977 501(C)(3) 125000 FOR USE IN ACCORDANCE WITH THEIR EXEMPT PURPOSE 2 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: GRANT FUNDS TO MOUNT PLEASANT HOME TO BE USED TO SUPPLEMENT CONSTRUCTION FUNDS FOR NON-PROFIT HOUSING FACILITY UNDER TOTAL REHABILITATION. AUDIT REPORT TO BE OBTAINED FROM SPONSOR WHEN AVAILABLE AS EVIDENCE OF GRANT MONITORING. SPRINGHOUSE, INC MONITORS THE USE OF ITS GRANT FUNDS TO SPRINGHOUSE FOUNDATION THROUGH ITS OVERSIGHT OF THE RECIPIENT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 3 DAY TO DAY OPERATIONS ARE MANAGED BY AN INDEPENDENT MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S SOLE MEMBER IS THE MOUNT PLEASANT HOME, A MASSACHUSETTS NONPROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A THE MOUNT PLEASANT HOME MAY APPOINT OR TERMINATE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS SUBMITTED TO THE TREASURER FOR REVIEW BEFORE ISSUANCE. THE TREASURER MAKES A COPY AVAILABLE TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE BOARD IS REQUIRED TO REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15B THE MANAGEMENT COMPANY ADVISES THE BOARD OF DIRECTORS CONCERNING PROPOSED COMPENSATION AND COMPARABILITY DATA WITH OTHER SIMILAR TOP MANAGEMENT POSITIONS IN THE MANAGEMENT COMPANY'S PORTFOLIO. THE BOARD DOCUMENTS THE DECISION CONTEMPORANEOUSLY. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE MASSACHUSETTS ATTORNEY GENERAL'S WEBSITE. ALL INFORMATION IS AVAILABLE UPON REQUEST AT THE ORGANIZATION. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 370,376. SPRINGHOUSE FOUNDATION INC ONE FLORENCE STREET BOSTON MA 02131 043279977 RAISE FUNDS TO PROVIDE FINANCIAL AID TO SPRINGHOUSE RESIDENTS MA 501(C)(3) 11 TYPE II N/A 0 MOUNT PLEASANT HOME 301 SOUTH HUNTINGTON AVE JAMAICA PLAIN MA 02130 042103822 ELDER CARE MA 501(C)(3) 9 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0