2025-11-17T09:14:19-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-01-01 582211053 METRO HEALTH FOUNDATION OF MASSACHUSETTS INC METR 7814742263 350 GRANITE STREET 2203 BRAINTREE MA 02184 JASON GEISINGER PRESIDENT 7814742263 2025-11-14 1 0 KATARZYNA O PADZIK P02268641 7819821001 2025-11-14 2024 2025-03-06 01:10:19Z BOSTONIAN SKILLED NURSING AND REHAB JASON GEISINGER 350 GRANITE STREET 2203 BRAINTREE MA 02184 14408345 0 X HTTPS://WWW.BANECARE.COM X 1995 GA TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY. 5 4 169 40 0 0 49728 0 13136986 14397502 4149 10843 0 0 13190863 14408345 0 0 0 0 7436125 7986101 0 0 0 6002334 5955047 13438459 13941148 -247596 467197 2935397 2733770 2543063 1874239 392334 859531 THE ORGANIZATION'S MISSION IS TO OPERATE EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, SPECIFICALLY TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY, INCLUDING ACQUIRING NURSING HOMES AND PERSONAL CARE CENTERS FOR THE ELDERLY. 0 0 10957285 0 14397502 LONG TERM NURSING HOME CARE - METRO HEALTH FOUNDATION OF MASSACHUSETTS, INC. OWNS AND OPERATES BOSTONIAN SKILLED NURSING AND REHABILITATION CENTER, A 121-BED NURSING HOME IN DORCHESTER, MASSACHUSETTS. 10957285 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 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 1 1 0 0 1 23 0 1 169 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 1 0 0 0 0 0 1 0 0 0 1 0 0 1 1 1 0 MA X JUDY LIMA 7814742263 350 GRANITE STREET STE 2203 BRAINTREE MA 02184 THERESA OKEY- IGWE LPN 40.00 X 157272 0 4223 RHODA EDOUARD LPN 40.00 X 124002 0 3330 BENIETTA KRUAH-MARTON ADNS-LPN 40.00 X 120605 0 3238 STEPHANIE DUPERVIL LPN 40.00 X 117883 0 3165 JASON GEISINGER PRESIDENT 30.00 10.00 X X 116023 0 3115 SAVINO MAGALETTA SECRETARY 12.00 4.00 X X 0 0 0 JONATHAN NEAGLE TREASURER 8.00 2.00 X X 0 0 0 STEVE COHEN DIRECTOR 2.00 1.00 X 0 0 0 MARYANNE PEABODY DIRECTOR 2.00 1.00 X 0 0 0 635785 0 17071 17 0 1 0 SYNCHRONY REHABILITATION 303 N HURSTBOURNE PARKWAY STE 200 LOUISVILLE KY 40222 REHABILITATION SERVICES 583045 BANE CARE MANAGEMENT 350 GRANITE STREET STE 2203 BRAINTREE MA 02184 MANAGEMENT SERVICES 330209 RN ETC HEALTHCARE LLC 31 DARRELL DRIVE RANDOLPH MA 02368 NURSING PURCHASED SERVICES 228564 FLO STAFFING 35 VILLAGE RD SUITE 100 MIDDLETON MA 01949 NURSING PURCHASED SERVICES 186111 EXPRESS HEALTHCARE GROUP INC 300 TURNPIKE ST SUITE 300 NORTH ANDOVER MA 01845 NURSING PURCHASED SERVICES 150950 8 PROGRAM SERVICE REVENUE 623000 14397502 14397502 14397502 10843 10843 14408345 14397502 0 10843 119138 119138 7070062 6556452 513610 288409 265981 22428 508492 463939 44553 360208 360208 19094 19094 35325 35325 922270 898554 23716 32988 32988 58440 14043 44397 144746 144746 762222 721013 41209 373 373 16273 16273 14300 13526 774 73726 69740 3986 USER FEES 1011442 1011442 ANCILLARY EXPENSES 838569 838569 DIETARY EXPENSES 374906 374906 PLANT OPERATIONS 321971 321971 968194 402318 565876 13941148 10957285 2983863 0 18236 304230 1988632 1501718 67572 67882 333028 285616 51616 47412 809341 812528 2935397 2733770 1991554 1515334 551509 358905 2543063 1874239 X 392334 859531 392334 859531 2935397 2733770 467197 0 X X 0 0 0 X 1518589 1375855 670503 49728 3614675 12308380 9728987 10384452 13136986 14397502 59956307 13826969 11104842 11054955 13186714 14397502 63570982 0 340701 340701 340701 340701 63230281 185 447 143 4149 10843 15767 185 447 143 4149 10843 15767 2023159 2023159 13827154 11105289 13078257 13190863 14408345 65609908 0.96370 0.96760 0.00020 0.00010 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: GAIN ON FORGIVENESS OF INTERCOMPANY DEBT - 2022 AMOUNT: $ 2,023,159. 333028 285616 47412 47412 DUE FROM RELATED PARTIES 793292 DUE FROM THIRD PARTY PAYORS 12608 DEPOSITS 6628 812528 DUE TO RELATED PARTIES 358905 358905 X X 0 0 0 0 0 0 0 0 0 THERESA OKEY- IGWE LPN 157272 0 0 0 0 0 0 0 4223 0 161495 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE MANAGEMENT COMPANY IS BANE CARE MANAGEMENT. THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE SUPERVISION OF OFFICERS, DIRECTORS, OR KEY EMPLOYEES TO BANE CARE MANAGEMENT FOR MANAGEMENT. DUTIES INCLUDE SUPERVISING PERSONNEL AND PLANNING AND EXECUTING FINANCIAL OPERATIONS. THERE ARE NO CURRENT OR FORMER OFFICERS/EMPLOYEES OF THE ORGANIZATIONS WHO WORK FOR THE MANAGEMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B HE FORM 990 WAS PREPARED BY TAX ADVISORS OF A NATIONAL ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. PRIOR TO FILING WITH THE IRS, A COMPLETE COPY OF THE FORM 990 IS PRESENTED AND REVIEWED BY THE CFO OF BANE CARE MANAGEMENT AND MEMBERS OF THE GOVERNING BODY FOR FINAL REVIEW. UPON FINAL REVIEW AND APPROVAL BY THE MEMBERS OF THE GOVERNING BODY, THE FORM 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15 A STUDY IS CONDUCTED BY THE MANAGEMENT COMPANY, WHICH USES COMPARABILITY DATA ON SALARIES WITHIN THE INDUSTRY. USING THESE REPORTS AS WELL AS WRITTEN EMPLOYMENT CONTRACTS, THE APPROVAL OF COMPENSATION IS DISCUSSED AND VOTED ON BY THE BOARD THROUGH THE BUDGET PROCESS, AND DOCUMENTED WITHIN THE BOARD MEETING MINUTES. THIS PROCESS WAS LAST COMPLETED DURING 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2B THE BOARD WAS IN THE PROCESS OF A HUD FINANCIAL RESTRUCTURING WHICH CLOSED IN APRIL 2022. AN AUDIT WILL BE OBTAINED SUBSEQUENT TO THE FILING OF THIS FORM 990. THE BOSTONIAN FOUNDATION INC 337 NEPONSET AVENUE DORCHESTER MA 02122 201897201 REALTY MA 501(C)(3) LINE 12B, II METRO HEALTH FOUNDATION OF MASSACHUSETTS INC 1 0 0 0 1 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 THE BOSTONIAN FOUNDATION INC K 762222 LEASE AGREEMENT THE BOSTONIAN FOUNDATION INC D 793292 COST OF EXPENSES INCURRED