Second Westfield Senior Citizens Housing Corporation in Westfield, New Jersey (NJ)

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Second Westfield Senior Citizens Housing Corporation
Employer Identification Number (EIN)223358726
Name of OrganizationSecond Westfield Senior Citizens Housing Corporation
Address1133 Boynton Ave, Westfield, NJ 07090-1617
SubsectionCharitable Organization
Ruling Date03/2013
DeductibilityContributions are deductible
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$5,000,000 to $9,999,999
Income$1,000,000 to $4,999,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$6,241,347
Amount of Income$1,434,039
Form 990 Revenue Amount$1,434,039
National Taxonomy of Exempt Entities (NTEE)Housing, Shelter: Senior Citizens' Housing/Retirement Communities


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Amount of income in 2013: $1,434,039 (it was $1,417,657 in 2012)
This organization: 

 $1,434,039
Other organizations performing similar types of work: 

 $284,463

Assets in 2013: $6,241,347 (it was $6,183,808 in 2012)
This organization: 

 $6,241,347
Other organizations performing similar types of work: 

 $1,921,874

Expenses in 2013: $1,656,255
Second Westfield Senior Citizens Housing Corporation: 

 $1,656,255
Other organizations performing similar types of work: 

 $319,873

Income to expenses ratio in 2013: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 0.0%
Second Westfield Senior Citizens Housing Corporation: 

 0.0%
Other organizations performing similar types of work: 

 0.5%

Financial snapshot ($)

Revenue for 2013

Assets at the end of 2013

Functional expenses for 2013

Checklist
20122013
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)?YesYes
Is the organization required to complete Schedule B, Schedule of Contributors?NoNo
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office?NoNo
Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year?NoNo
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19?NoNo
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts?NoNo
Did the organization receive or hold a conservation easement, including easements to preserve open space, the environment, historic land areas, or historic structures?NoNo
Did the organization maintain collections of works of art, historical treasures, or other similar assets?NoNo
Did the organization report an amount for escrow or custodial account liability; serve as a custodian or provide credit counseling, debt management, credit repair, or debt negotiation services?NoNo
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments?NoNo
Did the organization report an amount for land, buildings, and equipment?YesYes
Did the organization report an amount for investments-other securities that is 5% or more of its total assets?NoNo
Did the organization report an amount for investments-program related that is 5% or more of its total assets?NoNo
Did the organization report an amount for other assets that is 5% or more of its total assets?YesNo
Did the organization report an amount for other liabilities?YesYes
Did the organization's separate or consolidated financial statements for the tax year include a footnote that addresses the organization's liability for uncertain tax positions under FIN 48 (ASC 740)?NoYes
Did the organization obtain separate, independent audited financial statements for the tax year?NoNo
Was the organization included in consolidated, independent audited financial statements for the tax year?NoYes
Is the organization a school described in section 170(b)(1)(A)(ii)?NoNo
Did the organization maintain an office, employees, or agents outside of the United States?NoNo
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for any foreign organization?NoNo
Did the organization report more than $5,000 of aggregate grants or other assistance to or for foreign individuals?NoNo
Did the organization report a total of more than $15,000 of expenses for professional fundraising services?NoNo
Did the organization report more than $15,000 total of fundraising event gross income and contributions?NoNo
Did the organization report more than $15,000 of gross income from gaming activities?NoNo
Did the organization operate one or more hospital facilities?NoNo
Did the organization attach a copy of its audited financial statements?NoNo
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government?NoNo
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals?NoNo
Did the organization answer 'Yes' about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees?NoNo
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002?NoNo
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?NoNo
Did the organization maintain an escrow account other than a refunding escrow at any time during the year to defease any tax-exempt bonds?NoNo
Did the organization act as an 'on behalf of' issuer for bonds outstanding at any time during the year?NoNo
Did the organization engage in an excess benefit transaction with a disqualified person during the year?NoNo
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization's prior Forms 990 or 990-EZ?NoNo
Did the organization report any amount for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons?NoNo
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons?NoNo
Was the organization a party to a business transaction with one of the following parties
A current or former officer, director, trustee, or key employee?NoNo
A family member of a current or former officer, director, trustee, or key employee?NoNo
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner?NoNo
Did the organization receive more than $25,000 in non-cash contributions?NoNo
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions?NoNo
Did the organization liquidate, terminate, or dissolve and cease operations?NoNo
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets?NoNo
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3?YesYes
Was the organization related to any tax-exempt or taxable entity?YesYes
Did the organization have a controlled entity within the meaning of section 512(b)(13)?NoNo
Did the organization make any transfers to an exempt non-charitable related organization?NoNo
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes?NoNo
Statements Regarding Other IRS Filings and Tax Compliance
200820092010201120122013
The number reported in Box 3 of Form 1096000714
The number of Forms W-2G000000
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners?YesYesYesYesYesYes
The number of employees reported on Form W-3, Transmittal of Wage and Tax Statements, filed for the calendar year ending with or within the year covered by this return777788
Did the organization file all required federal employment tax returns?YesYesYesYesYesYes
Did the organization have unrelated business gross income of $1,000 or more during the year?NoNoNoNoNoNo
Has it filed a Form 990-T for this year?NoNoNoNoNoNo
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?NoNoNoNoNoNo
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?NoNoNoNoNoNo
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?NoNoNoNoNoNo
Did the organization file Form 8886-T?NoNoNoNoNoNo
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?NoNoNoNoNoNo
Did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?NoNoNoNoNoNo
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?NoNoNoNoNoNo
Did the organization notify the donor of the value of the goods or services provided?NoNoNoNoNoNo
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?NoNoNoNoNoNo
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?NoNoNoNoNoNo
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?NoNoNoNoNoNo
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?NoNoNoNoNoNo
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?NoNoNoNoNoNo
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?NoNoNoNoNoNo
Did the sponsoring organization make any taxable distributions under section 4966?NoNoNoNoNoNo
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?NoNoNoNoNoNo
Initiation fees and capital contributions$0$0$0$0$0$0
Gross receipts for public use of club facilities $0$0$0$0$0$0
Gross income from members or shareholders$0$0$0$0$0$0
Gross income from other sources$0$0$0$0$0$0
Is the organization filing Form 990 in lieu of Form 1041?NoNoNoNoNoNo
The amount of tax-exempt interest received or accrued during the year$0$0$0$0$0$0
Is the organization licensed to issue qualified health plans in more than one state?NoNoNoNoNoNo
The amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans$0$0$0$0$0$0
The amount of reserves on hand$0$0$0$0$0$0
Did the organization receive any payments for indoor tanning services during the tax year?NoNoNoNoNoNo
Has it filed a Form 720 to report these payments?NoNoNoNoNoNo
Compensation of Officers, Directors, Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
20122013
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
Total reportable compensation from the organization$72,000$60,000
Total reportable compensation from related organizations$48,060$159,476
Total estimated amount of other compensation from the organization and related organizations$0$38,775
Total number of individuals who received more than $100,000 of reportable compensation from the organization00
Total number of independent contractors who received more than $100,000 of compensation from the organization00
Statement of Revenue
200820092010201120122013
Total revenue$-55,777$-21,229$-1,406$455,673$1,417,657$1,434,039
Contributions, Gifts, Grants and Other Similar Amounts$0$0$0$0$0$0
Program Service Revenue$-55,777$-21,229$-1,406$443,229$1,372,969$1,385,174
Lessors of Residential Buildings and Dwellings $-55,777$-21,229$-1,406$-1,073$1,357,814$1,385,174
All other program service revenue$0$0$0$0$0$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0$0$0$12,444$44,688$40,414
Income from investment of tax-exempt bond proceeds$0$0$0$0$0$0
Royalties$0$0$0$0$0$0
Net rental income$0$0$0$0$0$0
Net gain/loss from sales of assets other than inventory$0$0$0$0$0$0
Net income/loss from fundraising events$0$0$0$0$0$0
Net income/loss from gaming activities$0$0$0$0$0$0
Net income/loss from sales of inventory$0$0$0$0$0$0
Miscellaneous Revenue$0$0$0$0$0$8,451
Lessors of Residential Buildings and Dwellings $0$0$0$0$0$8,451
All other revenue$0$0$0$0$0$0
Statement of Functional Expenses
200820092010201120122013
Total functional expenses$0$0$0$500,416$1,426,261$1,656,255
Grants and other assistance to domestic organizations and domestic governments$0$0$0$0$0$0
Grants and other assistance to domestic individuals$0$0$0$0$0$0
Grants and other assistance to foreign organizations, foreign governments, and foreign individuals$0$0$0$0$0$0
Benefits paid to or for members$0$0$0$0$0$0
Compensation of current officers, directors, trustees, and key employees$0$0$0$0$0$60,000
Compensation not included above, to disqualified persons$0$0$0$0$0$0
Other salaries and wages$0$0$0$164,403$431,081$313,834
Pension plan accruals and contributions$0$0$0$0$0$21,341
Other employee benefits$0$0$0$0$0$64,134
Payroll taxes$0$0$0$0$0$27,814
Fees for services (non-employees)
Management$0$0$0$22,215$56,882$0
Legal$0$0$0$5,828$28,449$11,538
Accounting$0$0$0$9,911$24,075$17,500
Lobbying$0$0$0$0$0$0
Professional fundraising services$0$0$0$0$0$0
Investment management fees$0$0$0$0$0$0
Other$0$0$0$0$0$783
Advertising and promotion$0$0$0$0$0$426
Office expenses$0$0$0$0$0$29,908
Information technology$0$0$0$0$0$7,119
Royalties$0$0$0$0$0$0
Occupancy$0$0$0$0$0$404,548
Travel$0$0$0$0$0$0
Payments of travel or entertainment expenses for any federal, state, or local public officials$0$0$0$0$0$0
Conferences, conventions, and meetings$0$0$0$0$0$3,432
Interest$0$0$0$52,142$156,000$156,000
Payments to affiliates$0$0$0$0$0$0
Depreciation, depletion, and amortization$0$0$0$68,028$234,881$446,370
Insurance$0$0$0$13,643$46,996$51,157
Other expenses$0$0$0$24,218$40,345$12,992
Other expenses$0$0$0$67,044$181,297$27,359
Balance Sheet
200820092010201120122013
Total assets$-108,097$-129,326$-130,732$6,298,739$6,183,808$6,241,347
Cash - non-interest-bearing$0$0$0$1,153,603$1,170,700$288,185
Savings and temporary cash investments$0$0$0$0$0$513
Pledges and grants receivable, net$0$0$0$0$0$0
Accounts receivable, net$0$0$0$0$0$0
Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees$0$0$0$0$0$0
Loans and other receivables from other disqualified persons, persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations$0$0$0$0$0$0
Notes and loans receivable, net$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$27,003$35,048$37,436
Land, buildings, and equipment: cost or other basis$0$0$0$4,822,738$4,420,800$4,167,848
Investments - publicly traded securities$0$0$0$0$0$1,646,859
Investments - other securities$0$0$0$0$0$0
Investments - program-related$0$0$0$0$0$0
Intangible assets$0$0$0$0$0$0
Other assets$-108,097$-129,326$-130,732$295,395$557,260$100,506
Total liabilities$0$0$0$7,652,621$7,710,445$8,001,619
Accounts payable and accrued expenses$0$0$0$30,947$393$47,956
Grants payable$0$0$0$0$0$0
Deferred revenue$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0
Escrow or custodial account liability$0$0$0$0$0$0
Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons$0$0$0$0$0$0
Secured mortgages and notes payable to unrelated third parties$0$0$0$0$0$0
Unsecured notes and loans payable to unrelated third parties$0$0$0$0$0$0
Other liabilities (including federal income tax, payables to related third parties, and other liabilities)$0$0$0$7,621,674$7,710,052$7,953,663
Total net assets or fund balances$-108,097$-129,326$-130,732$-1,353,882$-1,526,637$-1,760,272
Unrestricted net assets$-108,097$-129,326$-130,732$-1,353,882$-1,526,637$-1,760,272
Temporarily restricted net assets$0$0$0$0$0$0
Permanently restricted net assets$0$0$0$0$0$0
Capital stock or trust principal, or current funds$0$0$0$0$0$0
Paid-in or capital surplus, or land, building, or equipment fund$0$0$0$0$0$0
Retained earnings, endowment, accumulated income, or other funds$0$0$0$0$0$0
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Number of organizations supported0
Sum of amounts of support$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Skidaway Health And Living Services Inc95 Skidaway Island Park Road, Savannah, GA 31411-1104GA1999-11$17,690,138
2St Louis Life2001 E Terra Ln, Ofallon, MO 63366-4434MO2006-01$957,241
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4St Mary Magdlene Apartments IncPO BOX 93108, Lafayette, LA 70509-3108LA2004-03$105,388
5Seniorcare Montchanin Inc1059 Edinburg Rd, Hamilton, NJ 08690-1229NJ1999-12$17,426,865
6West Long Branch Senior Citizens Housing CorporationPeter Cooper Village, West Long Branch, NJ 07764NJ1977-03$1,865,928
7Second Westfield Senior Citizens Housing Corporation1133 Boynton Ave, Westfield, NJ 07090-1617NJ2013-03$1,434,039
8The Jewish Home And Healthcare Center Inc380 Demott Ln, Somerset, NJ 08873-2762NJ2014-01$1,215,528
9Shepherds Farm Senior Housing At West Deptford IncC/O Housing Authority Of Gloucester, Deptford, NJ 08096NJ2002-03$552,549
10Tenth Street Baptist Church Non- Profit Apts CorpPO BOX 1624, Camden, NJ 08101-1624NJ2000-03$489,739
11St Thomas Greek Orthodox Church Senior Citizen Home Inc615 Mercer St, Cherry Hill, NJ 08002-2635NJ2008-09$342,377
12Weehawken Senior Housing Rehabilitation Corporation525 Gregory Avenue, Weehawken, NJ 07086-5701NJ1998-03$342,222
13Ridge Oak Iii Inc150 Manchester Dr, Basking Ridge, NJ 07920-1270NJ2010-10$176,974
14The Village For Healthcare And Rehabilitation Workmens Circle Inc75 W Main St, Freehold, NJ 07728-2114NJ2008-03$73,155
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16Cape May Project Inc11 Spring Street, Freehold, NJ 07728NJ2009-12$31,352
17Weehawken Senior Housing Corporation525 Gregory Ave, Weehaven, NJ 07086-5701NJ1996-02$9,256
18Wharton Senior Citizen Housing Inc10 Robert Street, Wharton, NJ 07885-1949NJ1995-03$3,033
19Margaret Hague Foundation Inc990 Cedarbidge Ae B7-213, Brick, NJ 08723NJ2014-09$2,199
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Number of organizations performing similar types of work
Alaska13
Alabama39
Arkansas54
Arizona36
California254
Colorado60
Connecticut29
District of Columbia9
Delaware8
Florida162
Georgia94
Hawaii13
Iowa34
Idaho8
Illinois82
Indiana47
Kansas26
Kentucky31
Louisiana50
Massachusetts80
Maryland68
Maine21
Michigan95
Minnesota109
Missouri60
Mississippi16
Montana11
North Carolina75
North Dakota13
Nebraska21
New Hampshire18
New Jersey69
New Mexico15
Nevada6
New York174
Ohio130
Oklahoma35
Oregon56
Pennsylvania120
Rhode Island26
South Carolina38
South Dakota11
Tennessee79
Texas157
Utah8
Virginia57
Vermont13
Washington51
Wisconsin58
West Virginia12
Wyoming8
International77
Total2,836

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