2023-11-14T22:53:50-06:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2022-01-01 134097985 WILLOW TOWERS INC WILL 9146322804 60 WILLOW DRIVE NEW ROCHELLE NY 10805 CHRISTINA L VILLANUEVA CFO 9146322804 2023-11-14 1 CHRISTINA VILLANUEVA 999009999 1 GARRETT M HIGGINS P00543209 9143818900 2023-10-29 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RITA C MABLI 60 WILLOW DRIVE NEW ROCHELLE NY 10805 13199137 0 X WWW.WILLOWTOWERS.COM X 1999 NY ENABLING AND ENRICHING THE LIVES OF SENIORS THROUGH COMMITTED AND DEDICATED CARE AND QUALITY SERVICE. 8 7 162 20 0 0 1147496 0 11821748 13186091 16653 5846 6645 7200 12992542 13199137 0 0 0 0 6319670 8032777 0 0 0 5891206 5858977 12210876 13891754 781666 -692617 24469264 22966680 18574419 17764452 5894845 5202228 OUR MISSION AT WILLOW TOWERS, INC. ("WILLOW TOWERS") IS TO ENRICH THE LIVES OF OUR RESIDENTS WITH OUR CONSISTENT COMMITMENT TO QUALITY AND SERVICE. 0 0 11082860 0 13186091 WILLOW TOWERS PROVIDES ASSISTED LIVING HOUSING FOR SENIORS. THERE ARE 126 APARTMENTS, INCLUDING STUDIO, ONE BEDROOM, AND TWO BEDROOM APARTMENTS. THE SENIOR HOUSING FACILITY, LOCATED IN NEW ROCHELLE, NEW YORK, IS DEDICATED TO HELPING SENIORS LIVE A LIFE OF INDIVIDUALITY AND PURPOSE. 11082860 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 31 0 162 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 7 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X RITA C MABLI 9146322804 60 WILLOW DRIVE NEW ROCHELLE NY 10805 RITA C MABLI PRESIDENT & CEO 1.00 45.50 X X 0 1101716 80893 MALCOLM H LAZARUS CHAIRMAN 2.00 10.00 X X 0 0 0 MARK A HARTMAN VICE CHAIRMAN 2.00 8.00 X X 0 0 0 ROSEMARY MCLAUGHLIN SECRETARY/TREASURER 2.00 9.00 X X 0 0 0 JAMES STAUDT DIRECTOR 2.00 8.00 X X 0 0 0 ANTHONY NARDOZZI DIRECTOR 2.00 5.00 X 0 0 0 DONALD DUBERSTEIN DIRECTOR 2.00 6.00 X 0 0 0 CAROLYN T MURPHY DIRECTOR 2.00 0.00 X 0 0 0 CHRISTINA L VILLANUEVA CFO 1.00 45.50 X 0 307044 46635 NORA O'BRIEN EXECUTIVE DIRECTOR 37.50 0.00 X 321636 0 43378 GRACE FERRI VP, DEVELOPMENT & MARKETING 37.50 0.00 X 348201 0 32641 FLORA MAY YMALAY DIRECTOR OF HEALTH SERVICE 37.50 0.00 X 181799 0 28640 DAVID MEZZAUCELLA DIRECTOR OF FACILITIES 37.50 0.00 X 183931 0 39407 MARY SARQUAH LICENSED PRACTICE NURSE 37.50 0.00 X 140812 0 14871 JEANNETTE CASTILLO CONTROLLER 37.50 0.00 X 110474 0 25223 SABRINA M LAMPTEY LICENSED PRACTICE NURSE 37.50 0.00 X 189283 0 3984 SARAH SANCHEZ LICENSED PRACTICE NURSE 37.50 0.00 X 115340 0 3164 1591476 1408760 318836 8 0 1 0 UNITED HEBREW GERIATRIC CENTER 391 PELHAM ROAD NEW ROCHELLE NY 10805 MANAGEMENT SERVICES 600000 VNS OF WESTCHESTER 1311 MAMARONECK AVE SUITE 180 WHITE PLAINS NY 10605 CONTRACT STAFFING 138006 GREEN KEY SOLUTIONS LLC 136 MADISON AVENUE NEW YORK NY 10016 CONTRACT STAFFING 128313 3 RENTAL INCOME 531110 13186091 13186091 13186091 5846 5846 BEAUTY SALON 900099 7200 7200 7200 13199137 13186091 0 13046 1179633 922567 257066 7447 5824 1623 5212728 4076768 1135960 198028 154874 43154 858490 671407 187083 576451 450831 125620 600000 600000 15132 15132 18480 18480 872443 658364 214079 9934 9934 316765 199421 117344 63755 32944 30811 1523893 1523893 24612 24612 80380 80380 9663 9663 1066787 1066787 188204 188204 FOOD 826712 822130 4582 REPAIRS AND MAINTENANCE 176707 176707 COVID-19 EXPENSES (PPE) 51634 51634 MISC OPERATING EXPENSES 13876 125 13751 13891754 11082860 2808894 0 597961 267424 2628278 2598776 73450 95835 200830 198093 37158783 17451928 20595574 19706855 373171 99697 24469264 22966680 881259 1120550 77495 60227 18231 14179 14571824 13520684 3025610 3048812 18574419 17764452 X 5894845 5202228 5894845 5202228 24469264 22966680 -692617 0 X X 0 1 X 1 1 1 X 287864 1147496 0 1435360 11961475 12144466 10916409 11821748 13186091 60030189 11961475 12144466 11204273 12969244 13186091 61465549 0 0 0 61465549 24984 46106 45092 16653 5846 138681 24984 46106 45092 16653 5846 138681 30606 17732 155014 6645 7200 217197 12017065 12208304 11404379 12992542 13199137 61821427 0.99420 0.99150 0.00220 0.00250 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: GUEST MEALS - 2018 AMOUNT: $ 24,756. 2019 AMOUNT: $ 11,132. 2020 AMOUNT: $ 2,614. BEAUTY SALON - 2018 AMOUNT: $ 5,850. 2019 AMOUNT: $ 6,600. 2020 AMOUNT: $ 2,400. 2021 AMOUNT: $ 6,645. 2022 AMOUNT: $ 7,200. INSURANCE PROCEEDS - 2020 AMOUNT: $ 150,000. 0 1 X 3000000 3000000 32531103 16162613 16368490 1464877 1194473 270404 162803 94842 67961 19706855 DUE TO RELATED PARTIES 3048812 3048812 X 13199137 0 13199137 0 13199137 13891754 0 13891754 0 13891754 PART IV, LINE 2B: WILLOW TOWERS IS THE CUSTODIAN OF RESIDENT FUNDS THAT ARE AVAILABLE TO THE RESIDENTS AT ALL TIMES. PART X, LINE 2: THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2019. 0 0 0 0 0 0 0 1 0 RITA C MABLI PRESIDENT & CEO 0 1034226 0 64400 0 3090 0 8606 0 72287 0 1182609 0 0 GRACE FERRI VP, DEVELOPMENT & MARKETING 267856 0 80000 0 345 0 8606 0 24035 0 380842 0 0 0 NORA O'BRIEN EXECUTIVE DIRECTOR 321291 0 0 0 345 0 8606 0 34772 0 365014 0 0 0 CHRISTINA L VILLANUEVA CFO 0 306699 0 0 0 345 0 8606 0 38029 0 353679 0 0 DAVID MEZZAUCELLA DIRECTOR OF FACILITIES 170086 0 13500 0 345 0 5065 0 34342 0 223338 0 0 0 FLORA MAY YMALAY DIRECTOR OF HEALTH SERVICE 159894 0 20000 0 1905 0 4605 0 24035 0 210439 0 0 0 SABRINA M LAMPTEY LICENSED PRACTICE NURSE 188293 0 0 0 990 0 3984 0 0 0 193267 0 0 0 MARY SARQUAH LICENSED PRACTICE NURSE 140318 0 0 0 494 0 3806 0 11065 0 155683 0 0 0 PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT AND CEO IS PAID BY A RELATED ORGANIZATION, UNITED HEBREW GERIATRIC CENTER. THE SENIOR CHAIR AND THE SECRETARY OF THE BOARD SHALL CONSTITUTE AN AD-HOC COMPENSATION COMMITTEE. THE SENIOR CHAIR IS EMPOWERED AND AUTHORIZED TO NEGOTIATE AN EMPLOYMENT AGREEMENT WITH THE PRESIDENT & CEO AND ANY MODIFICATIONS OR EXTENSIONS THERETO IN ACCORDANCE WITH TERMS AND CONDITIONS ESTABLISHED BY THE AD-HOC COMPENSATION COMMITTEE. ANY MEMBER OF THE BOARD MAY REVIEW THE TERMS OF ALL SUCH EMPLOYMENT AGREEMENTS WITH THE SENIOR CHAIR. THE REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE IS DOCUMENTED IN THE MEETING MINUTES. THE LAST COMPENSATION REVIEW WAS PERFORMED IN 2022. PART I, LINE 7 THE ORGANIZATION PAID PERFORMANCE BONUSES TO CERTAIN INDIVIDUALS LISTED IN PART II AS REPORTED IN COLUMN B(II) FOR THE APPLICABLE INDIVIDUALS. FORM 990, PART VI, SECTION A, LINE 3 WILLOW TOWERS HAS ENTERED INTO A PROPERTY MANAGEMENT AGREEMENT WITH A RELATED TAX-EXEMPT ENTITY, UNITED HEBREW GERIATRIC CENTER, WHICH PROVIDES FOR RENTAL MANAGEMENT, REPAIRS AND SUPERVISION. PROPERTY MANAGEMENT FEE EXPENSE FOR THE YEAR ENDED DECEMBER 31, 2022 WAS $600,000. TWO INDIVIDUALS, THE PRESIDENT & CEO AND THE CFO, WERE COMPENSATED BY THE MANAGEMENT COMPANY. THEIR COMPENSATION IS LISTED ON PART VII. FORM 990, PART VI, SECTION B, LINE 11B WILLOW TOWERS HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS ELECTRONICALLY SENT TO THE BOARD FOR APPROVAL. IF ANY ISSUES ARISE, THEY ARE FORWARDED TO THE OUTSIDE ACCOUNTANT AND THE BOARD REVIEWS AFTER REVISIONS AND RESOLUTIONS. ONCE THE BOARD HAS APPROVED THE RETURN IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, ANY PERSON WITH BOARD-DELEGATED POWERS, ANY OFFICER OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS OR ANY EMPLOYEE OF THE CORPORATION, WHO HAS A DIRECT OR INDIRECT "FINANCIAL INTEREST OR "NON-FINANCIAL INTEREST" IS AN "INTERESTED PERSON". THE INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL OR NON-FINANCIAL INTEREST IN THE PROPOSED TRANSACTION OR ARRANGEMENT, AND MUST FURTHER DISCLOSE ALL MATERIAL FACTS TO THE FINANCE COMMITTEE. ABSENT FULL DISCLOSURE, NO TRANSACTION OR ARRANGEMENT SHALL BE MADE WITH THE PERSON OR ENTITY IN WHICH THE INTERESTED PERSON HAS AN INTEREST. IN THE CASE OF AN EMPLOYEE, THE EMPLOYEE SHOULD NOTIFY THE CEO, WHO WILL CONSULT WITH SUCH OTHERS AS MAY BE APPROPRIATE BEFORE BRINGING THE ISSUE TO THE FINANCE COMMITTEE. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING. AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING IMMEDIATELY AND SHALL NOT BE PRESENT DURING THE DISCUSSION OF, OR THE VOTE ON, THE PROPRIETY OF THE TRANSITION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE PRESIDENT & CEO AND CFO REVIEW THE FORMS 990 OF SIMILARLY SIZED ASSISTED LIVING FACILITIES WHEN DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. UNITED HOME FOR AGED HEBREW DBA UNITED HEBREW GERIATRIC CENTER 391 PELHAM ROAD NEW ROCHELLE NY 10805 131663975 NURSING HOME NY 501(C)(3) LINE 10 N/A 0 UGC FOUNDATION INC 60 WILLOW DRIVE NEW ROCHELLE NY 10805 133930505 FUNDRAISING NY 501(C)(3) LINE 7 UNITED HEBREW GERIATRIC CENTER 0 SOUNDVIEW APARTMENTS HOUSING DEVELOPMENT FUND COMPANY INC 60 WILLOW DRIVE NEW ROCHELLE NY 10805 132955399 SENIOR HOUSING FACILITY NY 501(C)(3) PF UNITED HEBREW GERIATRIC CENTER 0 MEADOW LANE HOUSING DEVELOPMENT FUND COMPANY INC 391 PELHAM ROAD NEW ROCHELLE NY 10805 463825709 SENIOR HOUSING FACILITY NY 501(C)(3) LINE 10 UNITED HEBREW GERIATRIC CENTER 0 WILLOW GARDENS INC 391 PELHAM ROAD NEW ROCHELLE NY 10805 451019853 SENIOR HOUSING FACILITY NY 501(C)(3) LINE 10 UNITED HEBREW GERIATRIC CENTER 0 UNITED HEBREW OF NEW ROCHELLE CERTIFIED HOME HEALTH AGENCY INC 391 PELHAM ROAD NEW ROCHELLE NY 10805 464312396 HOME HEALTH AGENCY NY 501(C)(3) LINE 10 UNITED HEBREW GERIATRIC CENTER 0 AZOR CARE AT HOME INC 391 PELHAM ROAD NEW ROCHELLE NY 10805 814867272 HOME HEALTH AGENCY NY 501(C)(3) LINE 10 UNITED HEBREW GERIATRIC CENTER 0 AZOR HOME CARE INC 391 PELHAM ROAD NEW ROCHELLE NY 10805 134042739 HEALTH CARE SERVICES NY UGC FOUNDATION INC C 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0