2024-11-14T12:56:44-06:00 2023-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2023-01-01 874772633 WARTBURG REALTY INC WART 9146990800 1 WARTBURG PLACE MOUNT VERNON NY 10552 DAVID GENTNER PRESIDENT/CEO 9146990800 2024-11-14 1 1 MELISSA MODELSON P01603524 9143818900 2024-11-06 2023 2024-10-15 13:58:12Z DAVID GENTNER 1 WARTBURG PLACE MOUNT VERNON NY 10552 0 0 X N/A X 1992 NY TO MANAGING AND OPERATING AN APARTMENT BUILDING AND AUXILIARY FACILITIES FOR THE ELDERLY. 15 15 0 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 34025 0 34025 0 -34025 1367167 1367167 1367167 1401192 0 -34025 WARTBURG REALTY, INC. IS ORGANIZED TO ACQUIRE, CONSTRUCT, FINANCE, OPERATE, AND HOLD PROPERTY IN ORDER TO ESTABLISH, OPERATE, AND MAINTAIN APARTMENT HOUSING AND AUXILIARY FACILITIES FOR PERSONS WHO ARE ABLE TO LIVE INDEPENDENTLY. 0 0 0 0 0 WARTBURG REALTY, INC. IS ORGANIZED FOR THE PURPOSE OF MANAGING AND OPERATING AN APARTMENT BUILDING AND AUXILIARY FACILITIES FOR OLDER ADULTS WHO ARE UNABLE TO FUNCTION IN AN INDEPENDENT LIVING ENVIRONMENT BECAUSE THEY NEED BASIC ASSISTANCE WITH MEDICATION, MEALS AND HOUSEKEEPING AND OTHER ACTIVITIES OF DAILY LIVING, BUT DO NOT REQUIRE NURSING CARE ON A REGULAR BASIS. THE SERVICES PROVIDED BY WARTBURG REALTY, INC. WILL BE THE DEVELOPMENT AND OPERATION OF A 210-UNIT APARTMENT BUILDING FACILITY FOR ELDERLY RESIDENTS WHERE THEY CAN LIVE PRODUCTIVELY AND SAFELY. 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 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 0 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 1 WARTBURG PLACE MOUNT 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 3.00 X X 0 0 0 MARGARET ANDERSON BOARD MEMBER 0.50 3.00 X 0 0 0 ANDREA ANSORGE BOARD MEMBER 0.50 3.00 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 0.70 34.30 X 0 490343 84352 JOSEPH SESSA CHIEF FINANCIAL OFFICER 1.00 34.00 X 0 286337 30864 GREGORY POOLE-DAYAN COO, THRU MARCH 2023 0.70 34.30 X 0 64010 7095 0 840690 122311 0 0 1 0 0 0 0 0 0 34000 34000 25 25 34025 0 34025 0 1367167 0 1367167 1367167 1367167 1367167 0 22000 1367167 1379192 1367167 1401192 X 0 -34025 0 0 0 -34025 1367167 1367167 -34025 0 X X 0 1 X 1 0 X 0 0 X SCHEDULE A, PART III, COLUMN (D) 2022: THE ORGANIZATION'S 2022 TAX YEAR WAS A SHORT YEAR PERIOD FROM SEPTEMBER 1, 2022 THROUGH DECEMBER 31, 2022. 1367167 1367167 1367167 DUE TO THE WARTBURG RESIDENTIAL COMMUNITY 1379192 1379192 X 0 0 0 0 0 34025 0 34025 0 34025 PART X, LINE 2: REALTY RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT REALTY HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. REALTY IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2020. 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 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. 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 - ADOPTION OF THE CORPORATION'S ANNUAL OPERATING BUDGET. - ADOPTION OF THE CORPORATION'S CAPITAL BUDGET. - EXPENDITURES IN EXCESS OF AMOUNTS AUTHORIZED IN THE CORPORATION'S OPERATING OR CAPITAL BUDGETS. - TRANSFERS OF THE CORPORATION'S ASSETS, OTHER THAN TO AN AFFILIATED CORPORATION, OR IN THE ORDINARY COURSE OF THE CORPORATION'S BUSINESS. - THE INCURRING OF ANY DEBT OR OBLIGATION BY THE CORPORATION, EITHER BY WAY OF AN INDIVIDUAL TRANSACTION OR A SERIES OF RELATED TRANSACTIONS, IN AN AMOUNT EXCEEDING ONE MILLION DOLLARS ($1,000,000). 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 BY CALLING THE ORGANIZATION DIRECTLY. 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 SENIOR HOUSING INC 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 MT VERNON INC 1 WARTBURG PLACE MT VERNON NY 10552 133621265 SUPPORT SERVICES FOR THE WARTBURG ENTITIES NY 501(C)(3) LINE 12B, II N/A 0 WARTBURG FOUNDATION 1 WARTBURG PLACE MT VERNON NY 10552 133621266 SUPPORT THE WARTBURG ENTITIES NY 501(C)(3) LINE 7 THE WARTBURG HOME OF THE EVANGELICAL LUTHERAN CHURCH 0 LOHMAN VILLAGE HOUSING DEVELOPMENT FUND CORPORATION 1 WARTBURG PLACE MT VERNON NY 10552 383994147 OPERATE APARTMENT FACILITY FOR THE ELDERLY NY 501(C)(4) THE WARTBURG RESIDENTIAL COMMUNITY INC 0 WARTBURG MANAGEMENT SERVICES 1 WARTBURG PLACE MT VERNON NY 10552 811903312 PROVIDE MANAGEMENT AND ADMIN SERVICES TO ADULT CARE FACILITIES NY 501(C)(3) LINE 12B, II WARTBURG MT VERNON INC 0 THE WARTBURG RESIDENTIAL COMMUNITY INC 1 WARTBURG PLACE MT VERNON NY 10552 133695648 LOW INCOME HOUSING NY 501(C)(3) LINE 10 WARTBURG MT VERNON INC 0 FRIEDRICHS SUPPORTIVE HOUSING LLC 1 WARTBURG PLACE MT VERNON NY 10552 453530097 APARTMENT COMPLEX FOR LOW-INCOME SENIORS NY FRIEDRICHS HOUSING MM 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 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0