2025-05-15T13:01:58-07:00 2024-06-30 990 2023-07-01 232734102 NEWCOURTLAND NEWC 2159514290 6970 Germantown Ave Philadelphia PA 19119 Michael DeMarco CFO 2159514290 2025-05-15 1 2023 2025-03-06 01:10:19Z Michael P DeMarco 6970 Germantown Avenue Philadelphia PA 19119 11021276 0 X newcourtland.org X 1993 PA Accelerate access to coordinated health, housing and social services for underserved populations. This is achieved through ongoing development of well trained and valued staff, investment in innovative solutions, and collaborations to build trust in the community. 6 3 37 0 0 0 4724853 4666780 2003536 3582459 1156156 1033636 1580645 1735180 9465190 11018055 371242 178070 0 0 5680064 5904461 0 0 0 11498265 13756239 17549571 19838770 -8084381 -8820715 121466001 113924251 130259998 142010151 -8793997 -28085900 X Accelerate access to coordinated health, housing and social services for underserved populations. This is achieved through ongoing development of well trained and valued staff, investment in innovative solutions, and collaborations to build trust in the community. 0 0 1072356 0 3582460 Provides management, administrative and financial services to organizations that care for the elderly, homeless and veterans through a nursing home, assisted and independent living facilities, skilled nursing care and other elder care organizations. As of June 30, 2024 NewCourtland is the supporting organization for 19 affiliates that provide services and housing to the elderly in Philadelphia. 71968 0 0 NewCourtland issued a grant payable to Allegheny West Foundation 0 0 0 0 0 0 0 1144324 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 125 0 1 37 1 0 0 0 0 0 0 0 0 X 6 3 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X NewCourtland 2159514242 6970 Germantown Ave Philadelphia PA 19119 Joseph Duffey Chairman of the Board 39 1 X X 394445 0 84508 Michael DeMarco CFO 39 1 X 267089 0 67209 Pamela Howard VP Health Services 1 39 X 242696 0 70041 Robert Kent VP Operations & Plans 39 1 X X 246758 0 63956 Paul Funaro VP Utilization Management 39 1 X 226430 0 68917 Kevin Stewart Director of IT 35 5 X 177084 0 32284 Stephen Grim Director of Accounting & Asset Management 20 20 X 145232 0 24668 John Ungar Corporate Counsel and Director of Planning 20 20 X 132003 0 29350 Brian Bendler Director of Maintenance 5 35 X 126664 0 29191 Alison Corter Director of Business Development 40 0 X 131899 0 5272 Steve Mullin Treasurer 1 3 X X 73811 0 0 Mary Naylor Secretary 1 3 X X 73811 0 0 Neil Pitts Board Member 1 4 X 0 0 0 Andrew Seibert Assist. Secretary and Treasurer (Chief Financial Officer) 0 0 X 0 0 0 2237922 0 475396 16 1 1 0 O'Dell Studner Group 200 NORTH WARNER ROAD SUITE 450 KING OF PRUSSIA PA 19406 Insurance Broker 2835214 Veritas Health Systems Inc PO Box 20 Flourtown PA 19031 Executive Management 240000 PA HOME CARE & HUMAN SERVICES WORKER'S COMP TRUST 200 NORTH WARNER ROAD Suie 240 King of Prussia PA 19406 Workers Compensation 185324 HARTFORD LIFE AND ACCIDENT ONE HARTFORD PLAZA Hartfod CT 06155 3rd Party Provider of Employee Disability and Life Insurance 119200 CONSTELLATION NEW ENERGY INC PO BOX 4640 CAROL STREAM IL 60197 3rd Party Gas Provider 107042 5 0 0 0 4600000 0 66780 0 4666780 Management Fee Affiliated 561000 1849867 1849867 0 0 Developer Fee 531390 1613943 1613943 0 0 Non Affiliated Management Fee 624000 118649 118649 0 0 0 0 0 0 3582459 1033636 340887 0 692749 0 0 0 0 0 0 0 0 1692334 0 0 0 1692334 0 1692334 750917 0 941417 0 0 0 3415 3221 194 194 0 0 Wells Fargo Credit Card Rewards 488999 23985 23985 0 0 18667 18667 0 0 42652 11018055 4717109 0 1634166 178070 178070 0 0 0 0 0 0 1298240 0 1298240 0 0 0 0 0 3526159 0 3526159 0 303404 0 303404 0 444628 0 444628 0 332030 0 332030 0 872372 498759 373613 0 98559 0 98559 0 210024 0 210024 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 375042 0 375042 0 40879 0 40879 0 419806 0 419806 0 0 0 0 0 1844463 0 1844463 0 0 0 0 0 0 0 0 0 70048 0 70048 0 8242458 0 8242458 0 0 0 0 0 399099 0 399099 0 149747 0 149747 0 Employee Rel/Training/Pre Employment Testing 75507 0 75507 0 Bank Fees 152153 0 152153 0 Payroll Services 69576 0 69576 0 Mission and Comfort and Joy 467495 467495 0 0 269011 0 269011 0 19838770 1144324 18694446 0 6129523 5824217 0 0 0 0 3569638 4686967 0 0 0 0 45221803 45794453 0 0 179668 161506 21850940 8026518 14192540 13824422 0 0 0 0 2655358 2763036 0 49517471 40869650 121466001 113924251 2846472 2870137 2563929 1000000 126360625 139333429 -1511028 -1193415 130259998 142010151 X -8793997 -28085900 0 0 -8793997 -28085900 121466001 113924251 X -8820715 0 0 0 0 -10471188 X 0 1 X 1 0 X X 14 Germantown Home 232310085 7 1 13981878 0 NC Properties Inc 264193468 7 1 1532318 0 Apartments at Henry Avenue Inc 822801763 7 1 0 0 Apartments at Henry 1B Inc 825473181 7 1 0 0 Cliveden Apartments 271085598 7 1 0 0 Philadelphia Senior Center 231619019 7 1 0 0 Evangelical Senior Housing (Manor Glen) 232840567 10 1 0 0 Frankford Senior Housing Associates (Meadow House) 232718494 10 1 0 0 Apartments at Allegheny II Inc 474579730 7 1 0 0 Pilgrim Gardens Senior Housing 753258108 7 1 0 0 Germantown Section 811 752975044 7 1 0 0 Apartments at Allegheny Inc 463510381 7 1 0 0 Apartments at Saint Bartholomew Inc 812580760 7 1 0 0 Apartments at Saint Bartholomew Phase 2 Inc 812589949 7 1 0 0 14 15514196 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 7678686 0 7678686 6669481 0 1765076 4904405 1657691 0 704589 953102 5845082 0 5556853 288229 0 0 0 0 13824422 NMTC Loans 20846400 Restricted Funds - Affiliated 18446882 Pre Development Costs on Construction Projects for Affiliates 394270 Investment in Joint Venture 74655 PIDC Interest Reserve and WF Credit Card Escrow 507704 Escrow Bank Accounts Related to Affiliated Financing 367070 Escrow Bank Deposits - PA Unemploymnet Escrow 109800 Deferred Rent Asset 77320 PMA Escrow 25000 Cliveden Rent Subsidy 20549 40869650 0 Intercompany -1193415 -1193415 11018055 0 0 0 0 0 11018055 0 0 0 11018055 19838770 0 0 0 0 0 19838770 0 0 0 19838770 1 Allegheny West Foundation 2330 West Allegheny Avenue Philadelphia PA 19132 231924667 71968 0 N/A N/A Allegheny West Foundation grant provides operational funding for food acquisition for individuals experiencing food insecurity in North Philadelphia. 0 1 Schedule I, Part I, Line 2 NewCourtland will review the financial records and enters into an agreement with grantee. X X X 0 0 0 0 0 0 0 0 0 Joseph Duffey Chairman of the Board 394445 0 0 0 0 0 51705 0 32803 0 478953 0 0 0 Michael DeMarco CFO 267089 0 0 0 0 0 42725 0 24483 0 334297 0 0 0 Robert Kent VP Operations & Plans 246758 0 0 0 0 0 39472 0 24483 0 310713 0 0 0 Pamela Howard VP Health Services 242696 0 0 0 0 0 38823 0 31218 0 312737 0 0 0 Paul Funaro VP Utilization Management 226430 0 0 0 0 0 36313 0 32603 0 295346 0 0 0 Schedule J, Part I, Line 3 Officers and Board of Directors review executive/management compensation. A comparative analysis of salaries and benefits paid by other non-profit organizations in the area is prepared for this review. Independent compensation consultants are asked to assist in this review. In regards to top executive compensation, the independent and non-compensated Directors discuss privately and vote as a separate group on the compensation package to top executive management. Alison Corter Daughter of Board Member 137171 Salary & 403b Compensation 0 Form 990, Part III, Line 2 NewCourtland entered into an agreement to become a fiscal sponsor of Nerdy Girl Nation, a Texas nonprofit corporation, whose mission is to disseminate trustworthy and timely health and scientific information to the public. NewCourtland became affiliated with Nerdy Girl Nation through board control. Form 990, Part VI, Section A, Line 2 Board Member, Dr. Naylor, is the mother of Alison Corter, Director of Business Development. Ms. Corter is employed by NewCourtland. Form 990, Part VI, Section B, Line 11b Form 990 is approved and filed by the Treasurer and subsequently presented to the full Board of Directors for their approval. Form 990, Part VI, Section B, Line 12c At regularly scheduled meetings of the Board of Directors, "Conflicts of Interests" are addressed, if any. Form 990, Part VI, Section B, Line 15 Officers and the Board of Directors review executive/management compensation. A comparative analysis of salaries and benefits paid by other non-profit organization in the area is prepared for review. Independent compensaiton consultants are asked to assist in the review. In regards to top executive compensation, the independent and non-compensated Directors discuss privately and vote as a separate group on the compensation package provided to top executive management. Form 990, Part VI, Section C, Line 19 Upon request Form 990, Part XI, Line 9 ($1,369,187) represents PSC II loan forgiveness as a loss; ($8,241,040) represents St. Barts LIFE loan forgiveness; ($860,961) NewCourtland's share of Joint Venture net loss. Germantown Home 6950 Germantown Avenue Philadelphia PA 19119 232310085 Skilled Nursing Facility PA 501(c)(3) 170(b)(1)(A)(vi) NewCourtland The Presbyterian Foundation of Philadelphia 6970 Germantown Avenue Philadelphia PA 19119 222524368 Supporting organization of NewCourtland Elder Services PA 501(c)(3) 509(a)(3) - Type II N/A Germantown Home Section 202 6970 Germantown Avenue Philadelphia PA 19119 752976363 Affordable Housing for the Elderly PA 501(c)(3) 170(b)(1)(A)(iv) NewCourtland Germantown Home Section 811 6970 Germantown Avenue Philadelphia PA 19119 752975044 Affordable Housing for the Elderly PA 501(c)(3) 170(b)(1)(A)(vi) NewCourtland Philadelphia Senior Center 509 South Broad Street Philadelphia PA 19147 231619019 Senior Center PA 501(c)(3) 170(b)(1)(A)(vi) NewCourtland NewCourtland at Allegheny Inc 6970 Germantown Avenue Philadelphia PA 19119 460812150 Corporaton holding title to property PA 501 (c)(2) NewCourtland 0 NewCourtland Properties Inc 6970 Germantown Avenue Philadelphia PA 19119 264194368 Corporation holding title to property PA 501(C)(2) NewCourtland 0 NewCourtland LIFE at Saint Bartholomew Inc 6970 Germantown Avenue Philadelphia PA 19119 812461553 Hold Land and Property PA 501(c)(3) 509(a)(3) NewCourtland NewCourtland Primary Care 6970 Germantown Avenue Philadelphia PA 19119 472491709 Physican and Clinical care PA 501(c)(3) 509(a)(2) NewCourtland Frankford Senior Housing Associates (Meadow House) 4649 Paul St Philadelphia PA 19124 232718494 Low Income Senior Housing PA 501(c)(3) NewCourtland Evangelical Senior Housing (Manor Glenn) 8403 Roosevelt Blvd Philadelphia PA 19152 232648022 Low Income Senior Housing PA 501(c)(3) NewCourtland Cliveden Properties Inc 301-305 West Johnson Street Philadelphia PA 19144 271085598 Affordable Housing for the Elderly PA NewCourtland Related 0 1 0.0001 NewCourtland Apartments At Cliveden LP 6970 Germantown Avenue Philadelphia PA 19119 271085443 Low Income Housing Tax Credit Apartments PA PNC Tax Credit Capital Institutional Fund 43 LP Related 0 0.999 NewCourtland Apartments at Allegheny LP 6970 Germantown Avenue Philadelphia PA 19119 901013784 Affordable Housing for Elderly PA PNC Tax Credit Capital Institutional Fund 43 lp Related 0 0.999 Apartments at Allegheny Inc 6970 Germantown Avenue Philadelphia PA 19119 463510381 Affordable Housing for Elderly PA NewCourtland Related 1 0.0001 Apartments at Allegheny II Inc 6970 Germantown Avenue Philadelphia PA 19119 474579730 Affordable Housing for the Elderly PA NewCourtland Related 0 1 0.0001 NewCourtland Apartments at Allegheny II LP 6970 Germantown Avenue Philadelphia PA 19119 474563937 Low Income Housing Tax Credit Apartments PA PNC Tax Credit Capital Institutional Fund 43 LP Related 0 0 0.999 Apartments at Saint Bartholomew Inc 6970 Germantown Avenue Philadelphia PA 19119 812580760 Affordable Housing - Low Income Seniors PA NewCourtland Related 0 1 0.0001 NewCourtland Apartments at Saint Bartholomew LP 6970 Germantown Avenue Philadelphia PA 19119 812589803 Low Income Housing Tax Credit Apartments PA Enterprise Housing Partners XXVIII Related 0 0 0.9999 Apartments at Henry Avenue Inc 3232 Henry Avenue Philadelphia PA 19129 822801763 Low Income Senior Housing PA NewCourtland Related 0 1 0.00009 NewCourtland Apartments at Henry Avenue LP 3232 Henry Avenue Philadelphia PA 19129 822807128 Low Income Senior Housing` PA PNC Tax Credit Capital Related 0 0.999 NewCourtland Apartments at Henry Ave 1B LP 6970 Germantown Avenue Philadelphia PA 19119 825499834 Low Income Senior Housing PA PNC Tax Credit Capital Related 0 0 0.9999 Apartments at Henry Ave 1B Inc 6970 Germantown Avenue Philadelphia PA 19119 825473181 Affordable Housing - Low Income Seniors PA NewCourtland Related 0 1 0.00009 NewCourtland at Henry Avenue LLC 6970 Germantown Avenue Philadelphia PA 19119 824516028 Hold Land and Property PA NewCourtland Related 0 1 0.5 NewCourtland at Pennypack LLC 6970 Germantown Avenue Philadelphia PA 19119 832580766 Hold Land and Property PA NewCourtland Related 0 1 0.5 Pilgrim Gardens Senior Housing LP 6970 Germantown Avenue Philadelphia PA 19119 753258108 Low Income Senior Housing PA NewCourtland Related 0 0 0.7398 NewCourtland at Burholme LLC 6970 Germantown Avenue Philadelphia PA 19119 844731418 Low Income Senior Housing PA NewCourtland Related 1 0.0001 NewCourtland Apartments at St Bartholomew Phase 2 LP 6970 Germantown Avenue Philadelphia PA 19119 812590087 Low Income Housing Tax Credit Apartments PA RBC-NewCourtland at St Bart II LLC Related 0 0 0 0 0 0.9999 Apartments at St Barts Phase II Inc 6970 Germantown Avenue Philadelphia PA 19119 812589949 Affordable Housing - Low Income Seniors PA NewCourtlnad Related 0 0 0 0 1 0.00009 0 0 0 1 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 Extension filed and approved by IRS on 11/14/2024