2025-11-12T10:32:03+00:00 2024-12-31 440160260 Forvis Mazars LLP 255 South Orange Avenue Suite 600 Orlando FL 32801 990 2024-01-01 232856813 Hearthstone Senior Communities Inc HEAR 2153466454 Two Bala Cynwyd Plaza 300 Bala Cynwyd PA 19004 Howard Jaffe President 2153466454 2025-11-12 true true Harry Harp P00176471 4077405400 2025-11-11 2024 2025-03-06 01:10:19Z Howard Jaffe Two Bala Cynwyd Plaza 300 Bala Cynwyd PA 19004 100712066 false X N/A X 1996 FL OPERATE NURSING HOMES, PROVIDE HOUSING, AND DEVELOP MEDICAL PROGRAMS FOR THE CARE OF THE ELDERLY. 5 0 1321 0 0 2264980 2775000 90421287 97932498 228481 4568 0 92914748 100712066 0 0 47268748 53206007 0 0 46466960 47262973 93735708 100468980 -820960 243086 133821337 129726195 138146464 133808236 -4325127 -4082041 THE MISSION OF HEARTHSTONE SENIOR COMMUNITIES, INC. INCLUDES OPERATION OF ONE OR MORE NURSING HOMES, PROVISION OF HOUSING FOR THE ELDERLY, DEVELOPMENT OF MEDICAL PROGRAMS FOR THE CARE OF THE ELDERLY AND EDUCATION OF HEALTHCARE PERSONNEL IN THE PROPER CARE OF THE ELDERLY. false false 87248025 0 97932498 THE ORGANIZATION OPERATES 8 SKILLED NURSING FACILITIES, WITH A COMBINED CAPACITY OF 960 BEDS, DEDICATED AND COMMITTED TO PROVIDING REHABILITATION AND SHORT AND LONG TERM NURSING AND MEDICAL CARE OF PATIENTS AND RESIDENTS. THE ORGANIZATION PROVIDES NUMEROUS ACTIVITIES AND PROGRAMS INCORPORATING AND PROMOTING FAMILY ACTIVITIES AND INVOLVEMENT WITH RESIDENTS AND STAFF. THESE ACTIVITIES PROMOTE A NORMALIZED ENVIRONMENT. DURING THE CURRENT YEAR, THERE WERE 315,165 RESIDENT DAYS. 87248025 true true false false false false false false true false true false false true true true false true false false true false false false false false false false false true false false false false false false false false false false false false false false true false false false false false true 79 0 true 1321 true false false false false false true true false false false false false false X 5 0 false true false false false false false true false false false false true true true true true true true true false false KANE FINANCIAL SERVICES CO SUSAN SHAIN 5612234161 1665 PALM BEACH LAKES BLVD STE 400 WEST PALM BEACH FL 33401 HOWARD JAFFE President 7.0 0.0 X X 64204 0 0 ALVIN GARNER DIRECTOR 2.0 0.0 X 8000 0 0 BRIAN M WYATT DIRECTOR 2.0 0.0 X 8000 0 0 JOHN S SEAL DIRECTOR 2.0 0.0 X 6000 0 0 LORI ROMBOLD DIRECTOR 2.0 0.0 X 8000 0 0 ASHLEY M KORAH ADMINISTRATOR 40.0 0.0 X 190588 0 35260 BRENDA L DAVIS ADMINISTRATOR 40.0 0.0 X 187094 0 11786 FATIMA DOWNEY LICENSED PRACTICAL NURSE 40.0 0.0 X 180580 0 19887 MELISSA ASHLEY CROOKSHANKS LICENSED PRACTICAL NURSE 40.0 0.0 X 169942 0 1591 SARAH L GRIMES RN SUPERVISOR 40.0 0.0 X 195284 0 10324 1017692 0 78848 58 false true false SELECT REHABILITATION INC 2600 COMPASS ROAD GLENVIEW IL 60026 THERAPY SERVICES 10752906 Themis Health Services LLC 1675 Palm Veach Lakes BLVD Suite 900 West Palm Beach FL 33401 Consulting Services 2816288 KANE FINANCIAL SERVICES 1675 PALM LAKES BLVD SUITE 400 WEST PALM BEACH FL 33409 CONSULTING SERVICES 2617145 Sysco Corporation 24500 Northwest Frwy Cypress TX 77429 Food Supplies 1879526 Consulting Support Services LLC 1665 Plam Beach Lakes BLVD Suite 600 West Plam Beach FL 334012116 Consulting Services 1717219 47 2775000 2775000 NET RESIDENT SERVICE REVENUE 623000 97815020 97815020 OTHER RESIDENT REVENUE 623000 117478 117478 0 0 0 0 97932498 4568 4568 0 0 0 0 0 0 0 0 0 0 100712066 97932498 0 4568 X 113108 113108 43769565 38480705 5288860 60386 58646 1740 5949373 5449480 499893 3313575 3087609 225966 617926 4000 613926 124864 124864 1859657 1859657 14403666 13545093 858573 0 185447 60 185387 581499 35894 545605 687186 48063 639123 9636880 8673192 963688 858356 696926 161430 172762 155486 17276 980715 882644 98071 2763897 2487507 276390 STATE BED ASSESSMENTS 7555736 7555736 MEDICAL SUPPLIES 3642596 3642596 FOOD 2153311 2152848 463 SUPPLIES & EQUIPMENT 691899 289416 402483 346576 2124 344452 0 100468980 87248025 13220955 0 0 16109 5972121 7243303 0 0 0 0 1998348 1985149 23127056 13815754 9559867 9311302 0 4667565 4667565 111623436 106502767 133821337 129726195 21004629 20898161 2400000 1125000 0 0 2856552 1845415 111885283 109939660 138146464 133808236 X -4325127 -4082041 -4325127 -4082041 133821337 129726195 243086 0 X X false true true false X 6560005 1852204 1897350 2264980 2775000 15349539 81070658 81572473 81133704 90421287 97932498 432130620 0 0 0 87630663 83424677 83031054 92686267 100707498 447480159 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 447480159 71525 23441 13308 13103 4568 125945 0 71525 23441 13308 13103 4568 125945 0 0 0 0 0 0 0 87702188 83448118 83044362 92699370 100712066 447606104 0.99972 0.99927 0 0.0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true 740198 0 46843 693355 false 16770604 8781220 7989384 6356452 5034534 1321918 9311302 RENT RESERVE 650000 RIGHT-OF-USE ASSET 105852767 DEPOSIT ESTIMATED THIRD-PARTY PAYOR SETTLEMENTS 106502767 Federal Income Taxes LONG TERM OBLIGATIONS OPERATING LEASE OBLIGATIONS 108782660 DUE TO OTHERS 1150000 ESTIMATED THIRD-PARTY PAYOR SETTLEMENTS, NET 7000 109939660 X 100712066 0 0 100712066 0 0 100712066 100468980 0 0 100468980 0 0 100468980 Schedule D, Part IV, Line 1b Agent, trustee, custodian, or other intermediary arrangement EACH OF THE SUBSIDIARIES OFFERS A CASH MANAGEMENT SERVICE TO ITS RESIDENTS. THESE FUNDS REMAIN THE SOLE PROPERTY OF THE RESIDENTS, TO BE DISBURSED ONLY AS REQUESTED. THE SUBSIDIARIES HAVE A FIDUCIARY DUTY OF ACCOUNTABILITY FOR THESE FUNDS AND REMAIN ONLY CUSTODIANS. ACCORDINGLY, THESE FUNDS ARE EXCLUDED FROM THESE CONSOLIDATED FINANCIAL STATEMENTS. AT DECEMBER 31, 2024 AND 2023, THESE FUND BALANCES, IN AGGREGATE, WERE APPROXIMATELY $693,000 AND $740,000, RESPECTIVELY. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE FILING ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE NO INCOME TAX PROVISION OR LIABILITY. Central America and the Caribbean 0 0 Program Services CAPTIVE INSURANCE COMPANY 4667565 Central America and the Caribbean 0 0 Program Services INSURANCE PREMIUMS 1551239 0 0 0 0 0 0 6218804 0 6218804 false false true false false false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual X X X false false false false false false false false false BRENDA L DAVIS ADMINISTRATOR 187094 0 0 0 0 0 10521 0 1265 0 198880 0 0 0 SARAH L GRIMES RN SUPERVISOR 195284 0 0 0 0 0 10111 0 213 0 205608 0 0 0 ASHLEY M KORAH ADMINISTRATOR 190588 0 0 0 0 0 34999 0 261 0 225848 0 0 0 FATIMA DOWNEY LICENSED PRACTICAL NURSE 180580 0 0 0 0 0 19757 0 130 0 200467 0 0 0 MELISSA ASHLEY CROOKSHANKS LICENSED PRACTICAL NURSE 169942 0 0 0 0 0 1452 0 139 0 171533 0 0 0 Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE CONSULTING COMPANY. ALL PARTIES ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION DECISIONS. COMPENSATION LEVELS ARE SET BASED ON CURRENT MARKET CONDITIONS, THE ECONOMY AND FUNDING SOURCES. Form 990, Part VI, Line 3 Delegation of management duties THE FILING ORGANIZATION HAS DELEGATED MANAGEMENT DUTIES OVER ITS FINANCIAL OPERATIONS TO KANE FINANCIAL SERVICES, LLC PURSUANT TO A BOARD-APPROVED AGREEMENT. Form 990, Part VI, Line 8b Documentation of meetings held by committees of governing body THERE ARE NO COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. Form 990, Part VI, Line 11b Review of form 990 by governing body THE FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND THE CONSULTING COMPANY. THE RETURN IS MADE AVAILABLE TO ALL VOTING BOARD MEMBERS BEFORE IT IS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS CONTAINED IN THE EMPLOYEE HANDBOOK. THE POLICY EXTENDS TO THE ORGANIZATION'S OFFICERS AND DIRECTORS. THE ORGANIZATION'S BOARD OF DIRECTORS MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH ITS ANNUAL DISCLOSURE PROCESS. THE BOARD REVIEWS ACTUAL CONFLICTS THAT ARE IDENTIFIED AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS EXIST. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE CONSULTING COMPANY. ALL PARTIES ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION DECISIONS. COMPENSATION LEVELS ARE SET BASED ON CURRENT MARKET CONDITIONS, THE ECONOMY AND FUNDING SOURCES. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE CONSULTING COMPANY. ALL PARTIES ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION DECISIONS. COMPENSATION LEVELS ARE SET BASED ON CURRENT MARKET CONDITIONS, THE ECONOMY AND FUNDING SOURCES. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part IX, Line 11g Other Fees CONSULTING FEES - Total Expense: 2798044, Program Service Expense: 2058454, Management and General Expenses: 739590, Fundraising Expenses: ; ENVIRONMENTAL SERVICES - Total Expense: 2500896, Program Service Expense: 2500896, Management and General Expenses: , Fundraising Expenses: ; PAYROLL PROCESSING - Total Expense: 118983, Program Service Expense: , Management and General Expenses: 118983, Fundraising Expenses: ; PURCHASED MEDICAL SERVICES - Total Expense: 8985743, Program Service Expense: 8985743, Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XII, Line 2c Change of oversight process or selection process THE GOVERNING BODY IS RESPONSIBLE FOR THE OVERSIGHT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDIT OF THE FINANCIAL STATEMENTS IS CURRENTLY ONGOING, BUT THEY WILL BE ISSUED UPON COMPLETION AND AVAILABLE UPON REQUEST. BARTOW REHABILITATION CENTER LLC 2055 EAST GEORGIA STREET BARTOW FL 33830 263410674 NURSING FL 12995604 14529313 HEARTHSTONE SENIOR COMMUNITIES INC BAY CENTER REHABILITATION CENTER LLC (THROUGH 42020) 1336 ST ANDREWS BLVD PANAMA CITY FL 32405 263411018 NURSING FL 0 10108348 HEARTHSTONE SENIOR COMMUNITIES INC BOCA CIEGA REHABILITATION CENTER LLC 1414 59TH STREET SOUTH GULFPORT FL 33707 263411147 NURSING FL 11981360 13926893 HEARTHSTONE SENIOR COMMUNITIES INC CLEARWATER REHABILITATION CENTER LLC 1270 TURNER STREET CLEARWATER FL 33756 263419520 NURSING FL 11023668 13817039 HEARTHSTONE SENIOR COMMUNITIES INC EGRET COVE REHABILITATION CENTER LLC 550 62ND STREET SOUTH ST PETERSBURG FL 33707 263411425 NURSING FL 13459590 14386380 HEARTHSTONE SENIOR COMMUNITIES INC EMERALD COAST REHABILITATION CENTER LLC 114 3RD STREET SOUTH EAST FT WALTON BEACH FL 32548 263411532 NURSING FL 10618737 14744613 HEARTHSTONE SENIOR COMMUNITIES INC GROVES REHABILITATION CENTER LLC 512 SOUTH 11TH STREET LAKE WALES FL 33853 263411666 NURSING FL 12791766 14213032 HEARTHSTONE SENIOR COMMUNITIES INC LAKELAND HILLS REHABILITATION CENTER LLC 610 EAST BELLA VISTA DRIVE LAKELAND FL 33805 263411839 NURSING FL 11607066 15542258 HEARTHSTONE SENIOR COMMUNITIES INC TARPON REHABILITATION CENTER LLC 515 CHESAPEAKE DRIVE TARPON SPRINGS FL 34689 263411945 NURSING FL 13447615 14785532 HEARTHSTONE SENIOR COMMUNITIES INC UNIVERSITY EAST REHABILITATION CENTER LLC (THROUGH 42020) 991 EAST NEW YORK AVENUE DELAND FL 33274 263412167 NURSING FL 0 0 HEARTHSTONE SENIOR COMMUNITIES INC UNIVERSITY WEST REHABILITATION CENTER LLC (THROUGH 42020) 545 WEST EUCLID AVENUE DELAND FL 32720 263412294 NURSING FL 0 0 HEARTHSTONE SENIOR COMMUNITIES INC