2024-11-14T13:20:09-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-01-01 134043128 WARTBURG SENIOR HOUSING INC WART 9146990800 WARTBURG PLACE MT VERNON NY 10552 DAVID GENTNER PRESIDENT/CEO 9146990800 2024-11-14 1 1 MELISSA MODELSON P01603524 9143818900 2024-11-09 2023 2024-10-15 13:58:12Z MEADOWVIEW AT THE WARTBURG DAVID GENTNER WARTBURG PLACE MT VERNON NY 10552 10012945 0 X WWW.WARTBURG.ORG X 1998 NY TO PROVIDE ASSISTED LIVING TO THE ELDERLY. 15 15 0 15 0 0 50000 78000 8996947 8230110 28216 67605 177173 80273 9252336 8455988 0 0 0 0 0 0 0 0 0 7829186 8287532 7829186 8287532 1423150 168456 21453392 20853246 10342511 11034936 11110881 9818310 TO PROVIDE ASSISTED LIVING TO THE ELDERLY. 0 0 7001572 0 8230110 THE WARTBURG SENIOR HOUSING INCLUDES A 88 UNIT ASSISTED LIVING FACILITY FOR ELDERLY INDIVIDUALS AND A 15 BED MEMORY CARE CENTER. THE ASSISTED LIVING FACILITY INCLUDES PROGRAMS FOR SOCIAL AND RECREATIONAL SERVICES ALONG WITH RESTAURANT-STYLE MEALS. THE MEMORY CARE CENTER IS WHERE RESIDENTS WITH MODERATE DEMENTIA / ALZHEIMER'S CAN LIVE PRODUCTIVELY AND SAFELY. 7001572 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 12 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X JOSEPH SESSA 9146990800 WARTBURG PLACE MT VERNON NY 10552 ROBERT RANIERI CHAIR 0.50 3.50 X X 0 0 0 MICHAEL HOLDEN VICE CHAIR 0.50 3.50 X X 0 0 0 FLOYD V MYERS VICE CHAIR 0.50 3.50 X X 0 0 0 THOMAS A ROTH SECRETARY 0.50 3.50 X X 0 0 0 MARGARET ANDERSON BOARD MEMBER 0.50 3.50 X 0 0 0 ANDREA ANSORGE BOARD MEMBER 0.50 3.50 X 0 0 0 REV ROBERT BOEHLER BOARD MEMBER 0.50 3.50 X 0 0 0 REV SARAH PAYNE BROWN BOARD MEMBER 0.50 3.50 X 0 0 0 MAE R CARPENTER BOARD MEMBER 0.50 3.50 X 0 0 0 JULIET GRAHAM BOARD MEMBER 0.50 3.50 X 0 0 0 NANCY HARDY BOARD MEMBER 0.50 3.50 X 0 0 0 EAMON KELLY BOARD MEMBER 0.50 3.50 X 0 0 0 PHILIP ROTHMAN BOARD MEMBER 0.50 3.50 X 0 0 0 BONNIE SCHWARTZ BOARD MEMBER 0.50 3.50 X 0 0 0 JUDY WILLIAMS-DAVIS BOARD MEMBER 0.50 3.50 X 0 0 0 DAVID J GENTNER PRESIDENT 5.90 29.10 X 0 490343 84352 JOSEPH SESSA CHIEF FINANCIAL OFFICER 5.90 29.10 X 0 286337 30864 ROBERT WELSER CIO 1.80 33.20 X 0 180835 23968 GREGORY POOLE-DAYAN COO, THRU MARCH 2023 4.00 31.00 X 0 64010 7095 0 1021525 146279 0 0 1 0 MORRISON MANAGEMENT SPECIALISTS 400 NORTHRIDGE ROAD SUITE 600 SANDY SPRINGS GA 30368 FOOD SERVICES DISTRIBUTOR 636102 1 75000 3000 78000 RESIDENT SERVICES 623000 8230110 8230110 8230110 9673 9673 54562 54562 24000 6482 17518 17518 17518 1553845 1550475 3370 3370 3370 INSURANCE PROCEEDS 900099 49858 49858 TELEPHONE SERVICES REVENUE 900099 12159 12159 MEALS REVENUE 900099 738 738 62755 8455988 8230110 0 147878 20544 20544 26000 26000 1659 1659 262093 261589 504 244649 190559 54090 900 900 230952 230952 3769 3769 1203 1203 364000 364000 718717 718717 ALLOCATED SALARIES AND 5547286 4703118 844168 ALLOCATION OF DEPT. EXP 386427 52463 333964 FOOD AND CATERING 363999 362891 1108 REPAIRS AND MAINTENANCE 45381 45381 69953 47589 22364 8287532 7001572 1285960 0 1750 1750 2684693 1875019 238074 276790 18551 2492 22213983 13361511 9312826 8852472 164486 893298 9033012 8951425 21453392 20853246 824295 1103184 89560 75429 6929419 6305961 514647 505552 1984590 3044810 10342511 11034936 X 11110881 9818310 0 0 11110881 9818310 21453392 20853246 X 168456 14004 -1475031 X X 0 1 X 1 0 X 50000 362785 266072 50000 78000 806857 8800106 7744176 8000072 8996947 8230110 41771411 8850106 8106961 8266144 9046947 8308110 42578268 0 0 0 42578268 69580 42947 46637 93939 88235 341338 69580 42947 46637 93939 88235 341338 24043 8945 10979 120978 62755 227700 8943729 8158853 8323760 9261864 8459100 43147306 0.98680 0.98820 0.00790 0.00740 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: TELEPHONE SERVICES REVENUE - 2019 AMOUNT: $ 14,191. 2020 AMOUNT: $ 8,945. 2021 AMOUNT: $ 10,979. 2022 AMOUNT: $ 13,636. 2023 AMOUNT: $ 12,159. MEALS REVENUE - 2019 AMOUNT: $ 8,917. 2023 AMOUNT: $ 738. MISCELLANEOUS - 2019 AMOUNT: $ 935. INSURANCE PROCEEDS - 2022 AMOUNT: $ 107,342. 2023 AMOUNT: $ 49,858. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 20543491 12148930 8394561 1212762 1120011 92751 457730 92570 365160 8852472 DUE FROM AFFILIATED COMPANIES 8923998 SECURITY DEPOSITS 27427 8951425 DUE TO AFFILIATED COMPANIES 3044810 3044810 X 8414961 14004 6482 20486 8394475 1659 59854 61513 8455988 8232501 6482 6482 8226019 1659 59854 61513 8287532 PART IV, LINE 2B: RESIDENTS' FUNDS ARE HELD BY SENIOR HOUSING ON BEHALF OF THE RESIDENTS. SUCH FUNDS REPRESENT ALLOWANCES RECEIVED BY RESIDENTS AS WELL AS OTHER RESIDENTS' FUNDS DEPOSITED WITH SENIOR HOUSING. THESE FUNDS ARE DISBURSED BY SENIOR HOUSING AT THE REQUEST OF, OR ON BEHALF OF, RESIDENTS FOR THEIR PERSONAL USE. PART X, LINE 2: SENIOR HOUSING RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT SENIOR HOUSING HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. SENIOR HOUSING IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES REPORTED ON PART VIII, LINE 6B 6,482. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF BAD DEBT EXPENSE TO PART IX, LINE 24 9,996. RECLASS OF INSURANCE PROCEEDS TO PART VIII, LINE 11 49,858. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENT EXPENSES REPORTED ON PART VIII, LINE 6B 6,482. PART XII, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF BAD DEBT EXPENSE TO PART IX, LINE 24 9,996. RECLASS OF INSURANCE PROCEEDS TO PART VIII, LINE 11 49,858. 0 0 0 0 0 0 0 0 0 DAVID J GENTNER PRESIDENT 0 446037 0 20000 0 24306 0 4936 0 79416 0 574695 0 0 JOSEPH SESSA CHIEF FINANCIAL OFFICER 0 277685 0 0 0 8652 0 2892 0 27972 0 317201 0 0 ROBERT WELSER CIO 0 178343 0 0 0 2492 0 1824 0 22144 0 204803 0 0 PART I, LINE 3 COMPENSATION FOR THE PRESIDENT/CEO IS DETERMINED BY THE WARTBURG HOME OF THE EVANGELICAL LUTHERAN CHURCH. THE POLICY IS AS FOLLOWS: THE WARTBURG ALIGNS ITS COMPENSATION PHILOSOPHY WITH THE OVERALL MISSION AND BUSINESS STRATEGY OF THE ORGANIZATION. EMPLOYEES ARE COMPENSATED FAIRLY WITHOUT REGARD TO AGE, SEX, RACE, COLOR, RELIGION, CREED, NATIONAL ORIGIN, DISABILITY (INCLUDING PREGNANCY DISABILITY), VETERAN OR MILITARY STATUS, MARITAL STATUS, SEXUAL ORIENTATION, CITIZENSHIP STATUS, IN ACCORDANCE WITH ALL APPLICABLE LAWS AND REGULATIONS, AND AS OUTLINED IN HUMAN RESOURCE POLICY. THE COMPENSATION PHILOSOPHY IS DESIGNED TO PROVIDE COMPETITIVE COMPENSATION POSITIONING COMPARED TO PEER GROUPS/OTHER HEALTHCARE ORGANIZATIONS SIMILAR IN SIZE AND PROGRAM OFFERING. IT CONSIDERS EXTERNAL MARKET DATA AGAINST INTERNAL STRUCTURE, RECOGNIZES THE UNIQUE RELATIVE VALUE OF EACH FUNCTION, REWARDS, INDIVIDUAL PERFORMANCE, WHILE BEING FINANCIALLY SUSTAINABLE OVER TIME. IT IS REVIEWED ON AN AS NEEDED BASIS BY WARTBURG'S PERSONNEL & COMPENSATION COMMITTEE OF THE BOARD AND IS SUBJECT TO SUCH BUDGETARY CONSIDERATIONS AS BUSINESS CONDITIONS MAY CREATE. THE WARTBURG HAS ENGAGED THE SERVICES OF ASTRON SOLUTIONS, A NATIONAL EMPLOYEE COMPENSATION AND BENEFITS FIRM, TO REVIEW EXECUTIVE AND SENIOR MANAGEMENT COMPENSATION. DATA USED IN DETERMINING MARKET MID RANGE IS DERIVED FROM REPORTS ISSUED BY ASTRON USING REPUTABLE TOP-TIER SURVEY HOUSES AS WELL AS LOCAL, INDUSTRY, AND ASSOCIATION SPECIFIC SOURCES. WORLD AT WORK STANDARDS ARE FOLLOWED IN THE SELECTION AND USE OF THE COMPENSATION SURVEYS TO ASSURE RELIABILITY AND VALIDITY OF DATA SOURCES. IN ADDITION, MARKET DATA IS MATCHED AGAINST JOB CONTENT AND DESCRIPTIONS, NOT JOB TITLES, AND BY THE USE OF WARTBURG'S JOB FACTOR ANALYSIS TOOL. EXEMPTION DECISIONS ARE MADE IN ACCORDANCE WITH FAIR LABOR STANDARD ACT REQUIREMENTS. IT IS OUR ORGANIZATION'S DESIRE TO PAY A COMPETITIVE BASE SALARY ALIGNED TO MARKET VALUE AND TO OFFER A COMPENSATION PACKAGE WHICH INTEGRATES OTHER TOTAL COMPENSATION OFFERINGS SUCH AS PAID TIME OFF, HEALTH COVERAGE, TUITION REIMBURSEMENT, ETC. "COMPETITIVE" IS DEFINED AS MARKET 50TH PERCENTILE. MARKET PARITY/MID RANGE DECISIONS ARE BASED ON FACTORS SUCH AS EDUCATION, SUBJECT EXPERTISE, LEVEL OF PERFORMANCE, AS WELL AS LEVEL OF STRATEGIC IMPACT/VALUE TO THE LONG-TERM GOALS OF THE ORGANIZATION. AS BUSINESS CONDITIONS WARRANT AND BASED ON THE STRATEGIC NEEDS OF THE ORGANIZATION, WITH BOARD APPROVAL, AN EMPLOYEE'S BASE SALARY MAY BE SUPPLEMENTED WITH INCENTIVE-BASED PAY AND/OR OTHER TOTAL COMPENSATION ARRANGEMENTS. A WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION 455135576 95737TBG0 2015-07-29 10851283 REFUNDING;6/29/1999, RENOVATIONS TO ASSISTED LIVING FACILITY 0 0 0 A 4460000 10950512 215100 10636183 2016 1 0 1 1 A 0 0 1 0 0 0 0 0 0 A 0 PART II, LINE 3: THE TOTAL PROCEEDS OF ISSUE REPORTED IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE REPORTED IN PART I, COLUMN (E), DUE TO INTEREST INCOME. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS WARTBURG-MT. VERNON INC. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS OF THE CORPORATION ARE ELECTED BY THE SOLE MEMBER WARTBURG - MT. VERNON INC., AT THE ANNUAL MEETING OF THE MEMBER. IN ADDITION, VACANCIES OCCURRING ON THE BOARD OF DIRECTORS OF THE CORPORATION, FOR ANY REASON, MAY ONLY BE FILLED BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B ANY DIRECTOR OF THE CORPORATION MAY BE REMOVED AT ANY TIME, WITH OR WITHOUT CAUSE, BY ACTION OF A MAJORITY OF THE ENTIRE BOARD OF DIRECTORS OF THE MEMBER. IN ADDITION, ACTION BY THE VOTE OF AT LEAST TWO-THIRDS OF THE ENTIRE BOARD OF DIRECTORS OF THE CORPORATION AND BY THE CONCURRING VOTE OF TWO-THIRDS OF THE ENTIRE BOARD OF DIRECTORS OF THE MEMBER AT THEIR ANNUAL MEETING, REGULAR MEETING, OR SPECIAL MEETING HELD UPON NOTICE OF THE PROPOSED ACTION SHALL BE REQUIRED FOR: - AMENDMENT OF THE CERTIFICATE OF INCORPORATION OF THE CORPORATION - AMENDMENT OF THE BY-LAWS OF THE CORPORATION - THE SALE, LEASE, EXCHANGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION - MERGER OR CONSOLIDATION OF THE CORPORATION IN ACCORDANCE WITH ARTICLE IX OF THE NOT-FOR-PROFIT CORPORATION LAW - NON-JUDICIAL DISSOLUTION OF THE CORPORATION IN ACCORDANCE WITH ARTICLE X OF THE NOT-FOR-PROFIT CORPORATION LAW - AUTHORIZATION FOR AMENDMENT OF THESE BY-LAWS TO PROVIDE THAT THE QUORUM OR VOTING REQUIREMENT FOR THE TRANSACTION OF ANY ITEM OF BUSINESS BE GREATER THAN THAT WHICH IS REQUIRED BY THE NOT-FOR-PROFIT CORPORATION LAW FORM 990, PART VI, SECTION B, LINE 11B WARTBURG SENIOR HOUSING INC. 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 MEMBERS OF THE ORGANIZATION FOR ANY COMMENTS. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED TO THE OUTSIDE ACCOUNTANTS. EACH ISSUE IS DOCUMENTED AND ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY TO ASSURE A UNIFORM POLICY EXISTS FOR COVERED PERSONS AND THAT EFFECTIVE COMMUNICATION AND DECISION MAKING COURSE REGARDING POTENTIAL CONFLICTS OF INTEREST. COVERED PERSONS, AS DEFINED BY THE POLICY, REFERS TO DIRECTORS AND OFFICERS OF THE ORGANIZATION, AS WELL AS EMPLOYEES, CONSULTANTS AND OTHER PERSONS WHO MAY BE IN A POSITION TO EXERCISE SUBSTANTIAL INFLUENCE OVER THE ORGANIZATION'S AFFAIRS. ANNUALLY, COVERED PERSONS ARE REQUIRED TO COMPLETE A FORM "QUESTIONNAIRE CONCERNING FINANCIAL INTERESTS AND AFFIRMATION RE: CONFLICT OF INTEREST POLICY." POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD OF DIRECTORS OR AN APPROPRIATE COMMITTEE OF THE BOARD. PERSONS IDENTIFIED WITH A CONFLICT MAY BE EXCLUDED FROM VOTING ON/MAKING A DECISION REGARDING A TRANSACTION/ARRANGEMENT WHICH CREATES THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FORM 990 AND FORM 1023 ARE AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IT IS 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 OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XI, LINE 9: FORGIVENESS OF AMOUNTS DUE FROM THE WARTBURG HOME OF THE ELC -1,000,000. FORGIVENESS OF AMOUNTS DUE FROM THE WARTBURG RESIDENTIAL COMMUNITY -475,031. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS DID NOT CHANGE FROM THE PRIOR YEAR. THE WARTBURG HOME OF THE EVANGELICAL LUTHERAN CHURCH 1 WARTBURG PLACE MT VERNON NY 10552 131740497 OPERATE A NURSING HOME NY 501(C)(3) LINE 10 WARTBURG MT VERNON INC 0 WARTBURG RESIDENTIAL COMMUNITY INC 1 WARTBURG PLACE MT VERNON NY 10552 133695648 PROVIDE HEALTHCARE SERVICES TO THE ELDERLY NY 501(C)(3) LINE 10 WARTBURG MT VERNON INC 0 WARTBURG SENIOR HOUSING 1 WARTBURG PLACE MT VERNON NY 10552 134043128 OPERATE AN ASSISTED LIVING FACILITY NY 501(C)(3) LINE 10 WARTBURG MT VERNON INC 0 WARTBURG FOUNDATION 1 WARTBURG PLACE MT VERNON NY 10552 133621266 SUPPORT THE WARTBURG ENTITIES NY 501(C)(3) LINE 7 WARTBURG MT VERNON INC 1 WARTBURG MT VERNON INC 1 WARTBURG PLACE MT VERNON NY 10552 133621265 SUPPORT SERVICES FOR THE WARTBURG ENTITITES NY 501(C)(3) LINE 12B, II N/A 0 WARTBURG REALTY INC 1 WARTBURG PLACE MT VERNON NY 10552 874772633 OPERATE APARTMENT FACILITY FOR THE ELDERLY NY 501(C)(3) LINE 10 WARTBURG MT VERNON INC 0 LOHMAN VILLAGE HOUSING DEVELOPMENT FUND CORPORATION 1 WARTBURG PLACE MT VERNON NY 10552 383994147 INDEPENDENT LIVING FACILITY FOR THE ELDERLY NY 501(C)(4) WARTBURG MT VERNON INC 0 FRIEDRICHS SUPPORTIVE HOUSING LLC 1 WARTBURG PLACE MT VERNON NY 10522 453530097 APARTMENT COMPLEX FOR LOW-INCOME SENIORS NY WARTBURG RESIDENTIAL COMMUNITY INC RELATED 0 0 FRIEDRICHS HOUSING MM INC 1 WARTBURG PLACE MT VERNON NY 10552 453539822 MANAGING MEMBER OF FRIEDRICHS SUPPORTIVE HOUSING LLC NY THE WARTBURG RESIDENTIAL COMMUNITY INC C 0 WARTBURG FRIEDRICHS HOUSING DEVELOPMENT FUND CORPORATION 1 WARTBURG PLACE MT VERNON NY 10552 454205282 DEVELOP A NONPROFIT HOUSING PROJECT FOR PERSONS OF LOW INCOME NY THE WARTBURG RESIDENTIAL COMMUNITY INC C 0 WARTBURG MLTC 1 WARTBURG PLACE MT VERNON NY 10552 464047295 PERFORM STUDIES, SURVEYS AND PLANNING FOR DEVELOPMENT OF MANAGED LT CARE NY WARTBURG MT VERNON INC C 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0