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Nonprofiteer
← MASONIC CHARITY FOUNDATION OF NEW JERSEY

Form 990 for tax year 2022

Filed by MASONIC CHARITY FOUNDATION OF NEW JERSEY.

Totals

Total revenue
$37,973,121
Total expenses
$48,162,350
Contributions and grants received
$2,422,334
Grants paid
$0
Program service revenue
$32,115,686
Investment income
$3,183,418
Other revenue
$251,683
Total assets, end of year
$145,157,333
Total liabilities, end of year
$97,742,144
Net assets or fund balances, end of year
$47,415,189
Program services expenses (Part IX)
$42,209,303
Management and general expenses
$5,953,047
Fundraising expenses
$0
Program service expenses (Part III)
$42,209,303

Program services were 87.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $562,850

  • 1f · All other contributions, gifts and grants

    $1,859,484

  • 2a · Program service revenue: NURSING CARE RESIDENT SERVICE REV

    total $13,937,625 · related or exempt $13,937,625

  • 2b · Program service revenue: PERSONAL CARE RESIDENT SERVICE

    total $9,398,643 · related or exempt $9,398,643

  • 2c · Program service revenue: RETIREMENT LIVING RESIDENT SERVIC

    total $7,235,938 · related or exempt $7,235,938

  • 2d · Program service revenue: HOSPICE SERVICE

    total $1,543,480 · related or exempt $1,543,480

  • 3 · Investment income

    total $846,809 · excluded $846,809

  • 7a · Gross sales of assets other than inventory

    securities $24,177,319

  • 7b · Less cost or other basis and sales expenses

    securities $21,840,710

  • 7c · Gain or loss

    securities $2,336,609

  • 7d · Net gain or loss

    total $2,336,609 · excluded $2,336,609

  • 11a · Other revenue: OTHER INCOME

    total $251,683 · excluded $251,683

  • 11e · Other revenue, total

    $251,683

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $511,434 · program services $355,341 · management and general $156,093

  • 7 · Other salaries and wages

    total $14,432,291 · program services $12,388,055 · management and general $2,044,236

  • 8 · Pension plan contributions

    total $300,931 · program services $259,565 · management and general $41,366

  • 9 · Other employee benefits

    total $2,408,337 · program services $2,058,760 · management and general $349,577

  • 10 · Payroll taxes

    total $1,787,882 · program services $1,525,440 · management and general $262,442

  • 11a · Fees: management

    total $1,691,970 · management and general $1,691,970

  • 11b · Fees: legal

    total $366,141 · management and general $366,141

  • 11c · Fees: accounting

    total $140,890 · management and general $140,890

  • 11g · Fees: other

    total $2,835,878 · program services $2,191,195 · management and general $644,683

  • 12 · Advertising and promotion

    total $453,535 · program services $453,535

  • 13 · Office expenses

    total $349,765 · program services $224,044 · management and general $125,721

  • 14 · Information technology

    total $721,165 · program services $645,965 · management and general $75,200

  • 16 · Occupancy

    total $3,419,973 · program services $3,419,973

  • 17 · Travel

    total $23,862 · management and general $23,862

  • 19 · Conferences, conventions and meetings

    total $186,490 · program services $169,430 · management and general $17,060

  • 20 · Interest

    total $3,713,476 · program services $3,713,476

  • 22 · Depreciation, depletion and amortization

    total $6,309,810 · program services $6,309,810

  • 23 · Insurance

    total $924,514 · program services $924,514

  • 24a · Other expenses: MEDICAL EXPENSES

    total $2,660,973 · program services $2,660,973

  • 24b · Other expenses: FOOD AND BEVERAGE

    total $2,402,832 · program services $2,402,832

  • 24c · Other expenses: REPAIRS AND MAINTENANCE

    total $880,451 · program services $880,451

  • 24d · Other expenses: BAD DEBT

    total $642,981 · program services $642,981

  • 24e · All other expenses

    total $996,769 · program services $982,963 · management and general $13,806

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,945 · end of year $1,945

  • 2 · Savings and temporary cash investments

    beginning of year $382,434 · end of year $9,705,279

  • 3 · Pledges and grants receivable

    beginning of year $20,812 · end of year $99,229

  • 4 · Accounts receivable

    beginning of year $3,380,409 · end of year $3,046,120

  • 7 · Other notes and loans receivable

    beginning of year $906,208 · end of year $306,783

  • 8 · Inventories for sale or use

    beginning of year $107,000 · end of year $67,276

  • 9 · Prepaid expenses and deferred charges

    beginning of year $190,611 · end of year $231,903

  • 10a · Land, buildings and equipment: cost or other basis

    $198,452,269

  • 10b · Land, buildings and equipment: accumulated depreciation

    $105,795,162

  • 10c · Land, buildings and equipment, net

    beginning of year $98,052,836 · end of year $92,657,107

  • 11 · Investments: publicly traded securities

    beginning of year $42,758,539 · end of year $25,027,675

  • 12 · Investments: other securities

    beginning of year $15,685,192 · end of year $9,405,079

  • 15 · Other assets

    beginning of year $10,735,948 · end of year $4,608,937

  • 17 · Accounts payable and accrued expenses

    beginning of year $3,481,658 · end of year $4,262,436

  • 19 · Deferred revenue

    beginning of year $10,528,608 · end of year $9,282,775

  • 20 · Tax-exempt bond liabilities

    beginning of year $80,899,482 · end of year $76,990,101

  • 21 · Escrow or custodial account liability

    beginning of year $65,518 · end of year $25,578

  • 25 · Other liabilities

    beginning of year $9,406,016 · end of year $7,181,254

  • 27 · Net assets without donor restrictions

    beginning of year $30,205,664 · end of year $16,764,275

  • 28 · Net assets with donor restrictions

    beginning of year $37,634,988 · end of year $30,650,914

Mission and programs · 2022

Mission

THE MASONIC CHARITY FOUNDATION OF NEW JERSEY (THE "FOUNDATION OR HOME"), INCORPORATED IN 1930, IS A NONPROFIT CORPORATION. THE FOUNDATION DELIVERS PERSONALIZED SERVICES AND COMPASSIONATE CARE, INSPIRED BY THE SPIRIT, IDEALS, AND VALUES OF FREEMASONRY, TO PROMOTE THE HIGHEST QUALITY OF LIFE FOR FREEMASONS, FAMILIES, AND OTHERS IN THE COMMUNITY THROUGH RETIREMENT LIVING, HEALTHCARE SERVICES AND HOSPICE SERVICES. THE GENERAL OPERATIONS OF THE FOUNDATION ALSO INCLUDE RECEIVING, MAINTAINING, AND ADMINISTERING ENDOWMENTS AND FUNDS EXCLUSIVELY FOR CHARITABLE, BENEVOLENT, AND RETIREMENT SERVICES.

Activities or mission (Part I)

PROVIDE NURSING CARE AND RETIREMENT LIVING.

  • THE FOUNDATION PROVIDES SENIOR HOUSING AND HEALTHCARE SERVICES THROUGH SEVERAL AREAS OF THE RETIREMENT SETTINGS: INDEPENDENT LIVING APARTMENTS AND COTTAGES: ASSISTED (COMPREHENSIVE PERSONAL CARE) LIVING, LONG TERM NURSING CARE AND SHORT TERM SUB ACUTE REHABILITATION. THE FOUNDATION PROVIDES SERVICES TO RESIDENTS WHO MEET CERTAIN CRITERIA AT AMOUNTS LESS THAN ITS COST OF PROVIDING CARE. THE LEVEL OF BENEVOLENT REPRESENTS THE DIFFERENCE BETWEEN THE CHARGES FOR PROVIDING CARE AND PAYMENTS RECEIVED FOR SERVICES AMOUNTING TO APPROXIMATELY $325,000.

    Expenses $42,209,303 · Revenue $32,115,686

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert V Monacelli

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    3

  • Brian K Mandel

    PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Bruce S Graham

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3

  • Robert J Sheridan

    SECRETARY

    Total calculated
    $0
    Hours/week
    3

  • Ellis Jacobs

    TREASURER

    Total calculated
    $0
    Hours/week
    3

  • Joseph K Barbara

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • David A Dorwith

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • J Eugene Margroff

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Omar Morris

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Michael Pastuzyn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Jeremiah Phillips

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Gregory Scott

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • David Tucker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Leonard Vander Horn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • David J Weiss

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • Cindy Shemansky

    ADMINISTRATOR

    Total calculated
    $197,114
    From this org
    $159,144
    From related orgs
    $0
    Other
    $37,970
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $159,144
    Bonus
    $0
    Other
    $0
    Deferred
    $20,500
    Nontaxable benefits
    $17,470
    Filer's total
    $197,114

  • Nichole Cadavero

    DIRECTOR OF FINANCE

    Total calculated
    $110,283
    From this org
    $103,956
    From related orgs
    $0
    Other
    $6,327
    Hours/week
    40

  • Christopher Abbott

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $164,241
    From this org
    $141,855
    From related orgs
    $0
    Other
    $22,386
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,855
    Bonus
    $0
    Other
    $0
    Deferred
    $16,125
    Nontaxable benefits
    $6,261
    Filer's total
    $164,241

  • Marie Bazile

    REGISTERED NURSE

    Total calculated
    $118,741
    From this org
    $117,613
    From related orgs
    $0
    Other
    $1,128
    Hours/week
    40

  • Alyssa Gruenes

    DIRECTOR OF MARKETING

    Total calculated
    $131,880
    From this org
    $120,776
    From related orgs
    $0
    Other
    $11,104
    Hours/week
    40

  • Cheryl Rahilly

    DIRECTOR OF NURSING

    Total calculated
    $132,834
    From this org
    $128,952
    From related orgs
    $0
    Other
    $3,882
    Hours/week
    40

  • Janice Rouse

    CLINICAL LIASON

    Total calculated
    $129,804
    From this org
    $125,956
    From related orgs
    $0
    Other
    $3,848
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
THE ANNUAL COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED BY LIFE CARE SERVICES, LLC WHICH IS IN A MANAGEMENT AGREEMENT TO PROVIDE MANAGEMENT SERVICES TO THE FOUNDATION. THIS AMOUNT IS BASED ON A PERCENTAGE OF THE FOUNDATION 'S GROSS REVENUE IN EACH YEAR.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202313199349305741

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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