2023-10-02T12:59:32-05:00 2022-12-31 222097516 Capaldi Reynolds & Pelosi PA 332 Tilton Road Northfield NJ 08225 990 2022-01-01 223049576 Bacharach Hospital Foundation Inc BACH 6097485466 51 West Jimmie Leeds Road Pomona NJ 08240 Shawn Ryan CFO 6097485490 2023-09-18 1 Shawn Ryan 999009999 0 Richard A Continisio P00357845 6096414000 2023-09-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X Robert A Mairone 51 West Jimmie Leeds Road Pomona NJ 08240 4314581 0 X N/A X 1990 NJ Support the charitable mission of the Bacharach Institute for Rehabiliation. 12 12 0 0 12725 0 139655 133166 0 0 2411335 990492 7619 12725 2558609 1136383 3333781 3000000 0 0 35021 0 0 0 6815 111820 87941 3480622 3087941 -922013 -1951558 35602333 29517796 71005 24793 35531328 29493003 The Foundation was organized for the purpose of obtaining, expending and applying funds and property for the benefit of Bacharach Institute for Rehabilition (an exempt public charity). 0 0 3000000 3000000 The Foundation supports the ongoing efforts of Bacharach Institute for Rehabilitation (an exempt public charity) in providing the highest quality care to the public. 3000000 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X X The Organization 6097485466 51 West Jimmie Leeds Road Pomona NJ 08240 Richard J Kathrins Secretary, President/CEO 3.50 16.00 X X 0 136035 5080 Robert A Mairone Chairperson 3.50 X X 0 0 0 William F Casey III Director 3.50 X X 0 0 0 Roy Goldberg Director 3.50 X 0 0 0 Paulajane D'Amato-Frankel Director 3.50 X 0 0 0 James J Lees Jr Director 3.50 X 0 0 0 Gary Hill Director 3.50 X 0 0 0 Philip Perskie Director 3.50 X 0 0 0 Douglas J Heun Director 3.50 X 0 0 0 Patrick F McCormick Director 3.50 X 0 0 0 Lynda Truitt Director 3.50 X 0 0 0 Doortje Schipper Fenwick Director 3.50 X 0 0 0 0 136035 5080 0 0 0 0 0 116884 16282 133166 406043 406043 3762647 3178198 584449 584449 584449 Income from PTE 531120 12725 12725 12725 1136383 0 12725 990492 3000000 3000000 17036 17036 64090 64090 313 313 Subscriptions 6502 6502 3087941 3000000 81126 6815 2131022 435197 3251 9660 9660 0 0 33403286 28999444 65948 73671 2077 6233 35602333 29517796 71005 24793 71005 24793 X 35531328 29493003 35531328 29493003 35602333 29517796 -1951558 -4086767 0 X 0 0 0 X X 1 Bacharach Institute for Rehabilitation 210634964 3 1 3000000 0 1 3000000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Schedule A Part IV, Section C, Line 1 Supervision and control amongst Bacharach Hospital Foundation, Inc. and Bacharach Institute for Rehabilitation, Inc. are maintained through Richard Kathrins, Robert Mairone, Roy Goldberg and Philip Perskie, who are board members for both organizations. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9660 9660 0 0 X 1136383 0 1136383 0 1136383 7174708 4086767 4086767 3087941 0 3087941 Part X, Line 2: The Internal Revenue Service has determined that the Foundation is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and is not considered a private foundation. Accordingly, grants and contributions to the Foundation will qualify for the charitable contribution deduction under the Internal Revenue Code. The Foundation is required to file a return of Organization Exempt from Income Tax (Form 990). In addition, the Foundation is subject to income tax on net income that is derived from business activites that are unrelated to their exempt purposes. The Foundation files an exempt Organization Business Income Tax Return (form 990-T) with the IRS to report unrelated business taxable income. The Foundation is also exempt from state income taxes under the Charitable Fundraising Act of 1971. Management has evaluated uncertain tax positions taken by the Foundation. The financial statement effects of a tax position are recognized when the position is more likely than not, based on the technical merits, to be sustained upon examination by the Internal Revenue Service or other taxing authority. The Foundation has recognized no interest or penalties related to uncertain tax positions. The Foundation is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2020. Part XII, Line 2d - Other Adjustments: Net unrealized loss on investments 1 Bacharach Institute For Rehabilitation 61 W Jimmie Leeds Road Pomona NJ 08240 210634964 501(c)(3) 3000000 0 To support the ongoing efforts of Bacharach Institute for Rehabilitation in providing the highest quality care to the public Form 990 Schedule I Line 1 (d) Each year, the Foundation makes a grant to the Bacharach Institute For Rehabilitation, which directly benefits patient care. In addition, any net proceeds from fundraising events held by the Foundation to benefit the Hospital are given to the Hospital. X X X X 0 0 0 0 0 0 0 0 0 Form 990, Part VI, Section A, line 3 Certain management duties are performed by the CEO and CFO of Bacharach Institute for Rehabiliation. Form 990, Part VI, Section B, line 11b A draft copy of the 990 is provided to the board for review prior to filing. Form 990, Part VI, Section B, line 12c Conflicts of interest are disclosed annually or upon occurrence. Any conflicts are then discussed with Board Chair. If conflict involves Board Chair then discussion occurs with executive committee. Form 990, Part VI, Section B, line 15 Salary survey performed and presented to compensation committee who reviewed and approved level of compensation. Form 990, Part VI, Section C, line 19 Governing documents, financial statements and conflict of interest policy are available for examination in the business office upon request. Form 990 is available upon request and can also be obtained via the website www.guidestar.org. Bacharach Institute for Rehabilitation 61 W Jimmie Leeds Rd Pomona NJ 08240 210634964 Provides inpatient and outpatient care services NJ 501 (c)(3) N/A 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 0 0 Bacharach Institute for Rehabilitation B 3000000 Actual expended Bacharach Institute for Rehabilitation C 116884 Actual received Bacharach Institute for Rehabilitation D 2546691 Ending principal balance Bacharach Institute for Rehabilitation L 0 Net proceeds from events Bacharach Institute for Rehabilitation P 23851 Actual expended Bacharach Institute for Rehabilitation E 405 Actual expended