2024-06-27T08:47:02-05:00 2023-12-31 113066459 CERINI & ASSOCIATES LLP 3340 VETERANS MEMORIAL HWY BOHEMIA NY 11716 990 2023-01-01 222289444 THE LENA AND DAVID T WILENTZ SENIOR RESIDENCE INC LENA 7326493502 354 DEMOTT LANE SOMERSET NJ 08873 KENNETH CERINI PARTNER 7326493502 2024-06-26 1 KENNETH CERINI 999009999 0 KEN CERINI P00223556 6315821600 2024-06-18 0 AAL1 IAL1 2023 2023-04-26 12:10:37Z ROBERT BARRY 354 DEMOTT LANE SOMERSET NJ 08873 1936172 0 X WWW.WILFCAMPUS.ORG X 1985 NJ LOW INCOME HOUSING FOR THE ELDERLY. 8 8 7 0 0 0 44608 69820 1838051 1858468 0 0 5350 7884 1888009 1936172 0 0 0 0 660724 632019 0 0 0 1154086 1231498 1814810 1863517 73199 72655 1864780 1671321 3079615 2813501 -1214835 -1142180 TO PROVIDE PERSONALIZED ATTENTION TO ENSURE THAT OUR RESIDENTS CAN LEAD THE ACTIVE SENIOR LIFESTYLE THEY SEEK IN A SENIOR HOUSING ENVIRONMENT THAT RESPECTS TRADITIONS AND VALUES. 0 0 1691714 1858468 WILENTZ SENIOR RESIDENCE IS A 200 APARTMENT FEDERALLY SUBSIDIZED LOW INCOME SENIOR HOUSING FACILITY. ALL OF THE RESIDENTS PAY APPROXIMATELY 30% OF THEIR INCOME IN RENT. WILENTZ PROVIDES MEALS, HOUSEKEEPING AND PERSONAL ASSISTANCE THROUGH A STATE FUNDED PROGRAM CALLED CONGREGATE HOUSING SERVICES. 1691714 1 1 0 0 0 0 0 0 1 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 9 0 7 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X X THE ORGANIZATION 7326493502 354 DEMOTT LANE SOMERSET NJ 08873 JEFF SCHWARTZ TRUSTEE 2.00 6.00 X 0 0 0 JOSEPH PLOTNICK PRESIDENT 2.00 6.00 X X 0 0 0 NEAL GITTLEMAN VICE PRESIDENT 2.00 6.00 X X 0 0 0 MATTHEW KORTEN TRUSTEE 2.00 6.00 X 0 0 0 NEIL WEISS ASSISTANT TREASURER 2.00 6.00 X X 0 0 0 ROBERT BARRY CEO 7.00 43.00 X X 0 257775 50198 IVAN GREENSTEIN TREASURER 2.00 6.00 X X 0 0 0 ADRIENNE ROGOVE CAMPUS PRESIDENT 2.00 14.00 X X 0 0 0 JENNIFER WEISSMEN EXECUTIVE DIRECTOR 40.00 0.00 X 85402 0 4252 KRISTI A SAVELL COMPTROLLER 5.00 35.00 X 0 94424 25529 JEAN LEONE VP OF CLINICAL OPS 16.00 34.00 X 0 284961 33052 85402 637160 113031 0 0 1 0 0 69820 69820 LOW INCOME HOUSING 623000 1730615 1730615 CONGREGATE INCOME 623000 127853 127853 1858468 LAUNDRY 812300 4559 4559 SIP & SAVE 812900 2581 2581 MISCELLANEOUS INCOME 900099 744 744 7884 1936172 1866352 0 0 85402 81132 4270 439463 376927 62536 67780 57613 10167 39374 33468 5906 54000 41173 12827 56078 42757 13321 21450 16355 5095 5663 4318 1345 50721 38673 12048 41179 39949 1230 109195 103735 5460 229605 218125 11480 61491 52578 8913 ELDERLY CARE 165557 165557 REPAIRS AND MAINTENANCE 103813 103813 CONTRACTS 82303 82303 ELECTRICITY 82241 73426 8815 168202 159812 8390 1863517 1691714 171803 0 79386 76776 25913 30378 24544 16400 11003 9641 15911 12704 9150404 7624982 1694147 1525422 13876 1864780 1671321 39408 84786 1183 25913 28421 2683412 2313347 330882 385764 3079615 2813501 X -1214835 -1142180 -1214835 -1142180 1864780 1671321 72655 0 X 0 1 X 1 1 1 X 25586 20000 46888 44608 69820 206902 1708604 1724357 1798971 1838051 1858468 8928451 1734190 1744357 1845859 1882659 1928288 9135353 0 0 0 9135353 228 255 55 538 228 255 55 538 1734418 1744612 1845914 1882659 1928288 9135891 0.99990 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 227000 227000 6488274 5654323 833951 2429910 1965439 464471 5220 5220 0 1525422 DUE TO AFFILIATES 385764 385764 1936172 0 1936172 0 1936172 1863517 0 1863517 0 1863517 PART IV, LINE 2B WILENTZ HOLDS IN TRUST SECURITY DEPOSIT AMOUNTS ADVANCED BY THE TENANTS OF WILENTZ UPON MOVE-IN. WILENTZ RECORDS THESE DEPOSITS PLUS INTEREST AS A LIABILITY. PART X, LINE 2 THE HOUSING COMPANY IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON ITS EXEMPT INCOME UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE. THE HOUSING COMPANY ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES USING A RECOGNITION THRESHOLD OF MORE- LIKELY-THAN-NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPROPRIATE TAXING AUTHORITY. MEASUREMENT OF THE TAX UNCERTAINTY OCCURS IF THE RECOGNITION THRESHOLD IS MET. MANAGEMENT DETERMINED THERE WERE NO TAX UNCERTAINTIES THAT MET THE RECOGNITION THRESHOLD IN 2023 AND 2022. THE HOUSING COMPANY'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE HOUSING COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE HOUSING COMPANY IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. X X X X 0 0 0 0 0 0 0 0 0 JEAN LEONE VP OF CLINICAL OPS 0 284961 0 0 0 0 0 13492 0 19560 0 318013 0 0 ROBERT BARRY CEO 0 257775 0 0 0 0 0 18250 0 31948 0 307973 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE LENA AND DAVID T. WILLENTZ SENIOR RESIDENCE, INC HAS DELEGATED CONTROL OVER MANAGEMENT DUTIES TO THE RELATED ENTITY, THE OSCAR AND THE ELLA WILF CAMPUS FOR SENIOR LIVING. FORM 990, PART VI, SECTION A, LINE 6 WILENTZ'S SOLE MEMBER IS THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING ("THE ORGANIZATION"). FORM 990, PART VI, SECTION A, LINE 7A THE BY-LAWS OF THE ORGANIZATION PROVIDE THAT THE SOLE MEMBER OF THE ORGANIZATION HAS THE ABILITY TO APPOINT THE ORGANIZATION'S BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION, AS THE SOLE MEMBER, HAS THE RIGHT TO APPROVE ANY DEBT ISSUANCE, APPROVE THE TRANSFER OF ASSETS, AND APPROVE THE ANNUAL BUDGET. FORM 990, PART VI, SECTION B, LINE 11B THIS FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM. ONCE THE DRAFT 990 IS REVIEWED AND APPROVED BY THE AUDIT COMMITTEE, EVERY MEMBER OF THE BOARD OF TRUSTEES IS PROVIDED WITH THE 990 AT LEAST 7 DAYS PRIOR TO THE BOARD MEETING AT WHICH IT WILL BE REVIEWED AND CONSIDERED FOR ACCEPTANCE. AT THAT MEETING, A FULL REVIEW AND DISCUSSION, INCLUDING RESPONDING TO ANY QUESTIONS A TRUSTEE MAY ASK, TAKES PLACE. IF AND WHEN ALL PARTICIPATING TRUSTEES ARE COMFORTABLE WITH AND UNDERSTAND THE CONTENT OF THE 990, THEY ARE ASKED TO PASS A RESOLUTION TO ACCEPT AND FILE THE 990 AS PRESENTED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES RECEIVE A CONFLICT OF INTEREST POLICY TO BE REVIEWED AND RETURNED BY JANUARY 31ST. THE PRESIDENT OF THE BOARD AND DIRECTOR OF FINANCE REVIEW AND BRING ANY CONFLICTS TO THE EXECUTIVE COMMITTEE FOR CONSIDERATION. THE EXECUTIVE COMMITTEE REVIEWS ALL DISCLOSED CONFLICTS, MAKES A DETERMINATION AS TO THE POTENTIAL SIGNIFICANCE OF EACH CONFLICT, AND IF NECESSARY MAKES THE DECISION OF HOW TO NEGATE EACH CONFLICT. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15A ANNUALLY, THE EXECUTIVE COMMITTEE REVIEWS THE COMPENSATION PACKAGE FOR THE CEO, CAO AND THE EXECUTIVE DIRECTORS FOR EACH ENTITY BASED UPON COMPENSATION PAID BY COMPARABLE POSITIONS. ALSO THE PROFESSIONAL SERVICE AGREEMENT FOR THE CONSULTING CFO IS REVIEWED AND RENEWED ANNUALLY BASED UPON COMPARABLE DIRECTOR OF FINANCE SALARIES. THIS PROCESS IS DOCUMENTED TIMELY. THE PROCESS WAS LAST DONE IN NOVEMBER 2022 FOR COMPENSATION ADJUSTMENTS EFFECTIVE ON JANUARY 1, 2023 AND BONUSES FOR 2022. THERE WERE NO BONUSES DISTRIBUTED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMETNS AVAILABLE TO THE PUBLIOC UPON WRITTEN REQUEST. THE JEWISH HOME & HEALTHCARE CENTER INC 354 DEMOTT LANE SOMERSET NJ 00873 226083380 ELDERLY CARE NJ 501(C)(3) LINE 10 THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING 0 FOUNDATION OF THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING 354 DEMOTT LANE SOMERSET NJ 00873 222884959 ELDERLY CARE NJ 501(C)(3) LINE 7 THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING 0 THE MARTIN & EDITH STEIN ASSISTED LIVING RESIDENCE INC 354 DEMOTT LANE SOMERSET NJ 00873 223700189 ELDERLY CARE NJ 501(C)(3) LINE 10 THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING 0 THE MARTIN & EDITH STEIN HOSPICE 354 DEMOTT LANE SOMERSET NJ 00873 202277539 HOSPICE NJ 501(C)(3) LINE 3 THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING 0 THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING INC 354 DEMOTT LANE SOMERSET NJ 00873 521624834 ELDERLY CARE NJ 501(C)(3) LINE 10 THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING 0 WILF TRANSPORT INC 354 DEMOTT LANE SOMERSET NJ 00873 452485684 TRANSPORTATION NJ 501(C)(3) LINE 10 THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING 0 WILF AT HOME 354 DEMOTT LANE SOMERSET NJ 00873 472147182 ELDERLY CARE NJ 501(C)(3) LINE 10 THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 THE MARTIN AND EDITH STEIN ASSISTED LIVING RESIDENCE M 165557 COST THE JEWISH HOME AND HEALTHCARE CENTER M 54000 COST THE OSCAR AND ELLA WILF CAMPUS FOR SENIOR LIVING M 150000 COST