2024-05-15T16:04:07-07:00 2023-06-30 990 2022-07-01 232734102 NEWCOURTLAND NEWC 2159514290 6970 Germantown Ave Philadelphia PA 19119 Michael DeMarco CFO 2159514290 2024-05-15 Michael DeMarco 999009999 1 1 11 1 AAL2 2022 2023-04-26 12:10:37Z Michael P DeMarco 6970 Germantown Avenue Philadelphia PA 19119 9478438 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 1 39 0 0 0 5586297 4724853 1748804 2003536 1060037 1156156 1562913 1580645 9958051 9465190 187633 371242 0 0 5214470 5680064 0 0 0 8149867 11498265 13551970 17549571 -3593919 -8084381 120540069 121466001 118833227 130259998 1706842 -8793997 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. 1 0 651961 0 2003536 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, 2023 NewCourtland is the supporting organization for 18 affiliates that provide services and housing to the elderly in Philadelphia. 336231 0 0 NewCourtland issued a grant payable to Just Listening 18947 0 0 NewCourtland funded the rehabilitation of the Miriam Clinic on Tasker Street 476003 0 0 NewCourtland provided care packages (food and toiletries) to Allegheny West Foundation. Care packages were distributed to the community. 476003 0 0 1483142 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 1 114 0 1 39 1 0 0 0 0 0 0 0 0 X 6 1 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 368702 0 80107 Michael DeMarco CFO 39.00 1 X 259285 0 69490 Pamela Howard VP Health Services 1 39 X 0 235601 68915 Robert Kent VP Operations & Plans 39 1 X X 239545 0 62810 Paul Funaro VP Utilization Management 39 1 X 220004 0 66430 Kevin Stewart Director of IT 35 5 X 164805 0 30158 Stephen Grim Director of Accounting & Asset Management 20 20 X 144881 0 15165 John Ungar Corporate Counsel and Director of Planning 20 20 X 124362 0 30538 Brenda Jackson Controller 40 5 X 121302 0 28430 Aksana Kharko Controller - Housing 0 40 X 120166 0 4852 Steve Mullin Treasurer 39 1 X X 71661 0 0 Mary Naylor Secretary 1 39 X X 71661 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 1906374 235601 456895 14 1 1 0 O'Dell Studner Group 200 NORTH WARNER ROAD SUITE 450 KING OF PRUSSIA PA 19406 Insurance Broker 1215084 Zenith Insurance Company 21255 CALIFA ST Woodland Hill CA 91367 Workers Compensation 270869 Veritas Health Systems Inc PO Box 20 Flourtown PA 19031 Executive Management 240000 CONSTELLATION NEW ENERGY INC PO BOX 4640 CAROL STREAM IL 60197 3rd Party Gas Provider 123800 4 0 0 0 4600000 0 124853 0 4724853 Management Fees Affiliated 623000 1769301 1769301 0 0 Developer Fee 623312 121477 121477 0 0 Non Affiliated Management Fee 624200 112758 112758 0 0 0 0 0 0 2003536 1156156 647739 0 508417 0 0 0 0 0 0 0 0 1554561 0 0 0 1554561 0 1554561 221324 0 1333237 0 0 0 12690 13248 -558 -558 0 0 Credit Card Awards 488999 26642 26642 0 0 0 0 0 0 26642 9465190 2898683 0 1841654 371242 371242 0 0 0 0 0 0 1266770 0 1266770 0 0 0 0 0 3123195 0 3123195 0 302926 0 302926 0 691510 0 691510 0 295663 0 295663 0 1079249 422203 657046 0 117823 0 117823 0 122747 0 122747 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 275652 0 275652 0 70371 0 70371 0 541237 0 541237 0 0 0 0 0 2069729 0 2069729 0 0 0 0 0 0 0 0 0 62855 0 62855 0 5442065 0 5442065 0 473890 0 473890 0 137287 0 137287 0 Employee Relations/Training/Pre Employment Testing 159395 0 159395 0 Bank Fees 167663 0 167663 0 Payroll Services 63116 0 63116 0 Mission and Comfort & Joy 689697 689697 0 0 25489 0 25489 0 17549571 1483142 16066429 0 4797533 6129523 0 0 0 0 2972045 3569638 0 0 0 0 45379673 45221803 0 0 157072 179668 22123814 7931274 14423066 14192540 0 0 0 0 2639304 2655358 0 0 50171376 49517471 120540069 121466001 2931169 2846472 2397698 2563929 107544160 126360625 5960200 -1511028 118833227 130259998 X 1706842 -8793997 0 0 1706842 -8793997 120540069 121466001 X -8084381 0 0 0 0 -2416458 X 0 1 X 1 0 X X 14 Germantown Home 232310085 7 1 11976960 0 NC Properties Inc 264193468 7 1 1924259 0 Apartments at Henry Avenue Inc 822801763 7 1 85455 0 Apartments at Henry 1B Inc 825473181 7 1 19529 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 0 0 0 13 14006203 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 7678686 7678686 6669481 0 1598118 5071363 1657691 0 627452 1030239 5814102 0 5415379 398723 303854 0 290325 13529 14192540 NMTC Loans 29087440 Restricted Funds - Affiliated 18202315 Pre Development Costs on Construction Projects for Affiliates 176745 Investment in Joint Venture 935617 PIDC Interest Reserve and WF Credit Card Escrow 501313 Escrow Bank Accounts Related to Affiliated Financing 364790 Security Bank Deposits - PA Unemployment Escrow 109808 Deferred Rent Asset 77320 PMA Escrow 25000 Cliveden Rent Subsidy 37123 49517471 0 Intercompany -1511028 -1511028 9465190 0 0 0 0 0 9465190 0 0 0 9465190 17549571 0 0 0 0 0 17549571 0 0 0 17549571 1 Miriam Medical Clinic 2006 Tasker Street Philadelphia PA 19145 455697363 18946 0 N/A N/A To rehab the Miriam Medical Clinic at 2006 Tasker Street Just Listening 26 W GOWEN AVENUE Philadelphia PA 19119 176388966 336231 0 N/A N/A Just Listening grant provides funds for operational and educational activities. Funding is used to support the development of JUST Listening Volunteer Projects that bring the practice of deep, relationship-based listening into prison and marginalized communities for personal and social transformation. 1 1 Schedule I, Part I, Line 2 NewCourtland will review the financial records and enters into an agreement with grantee. X 0 0 0 0 0 0 0 0 0 Joseph Duffey Chairman of the Board 368702 0 0 0 0 0 48774 0 31333 0 448809 0 0 0 Michael DeMarco CFO 259285 0 0 0 0 0 41639 0 27851 0 328775 0 0 0 Robert Kent VP Operations & Plans 239545 0 0 0 0 0 38327 0 24483 0 302355 0 0 0 Pamela Howard VP Health Services 235601 0 0 0 0 0 37696 0 31218 0 304515 0 0 0 Paul Funaro VP Utilization Management 220003 0 0 0 0 0 35212 0 31218 0 286433 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 119117 Salary & 403b Compensation 0 Veritas Health System Former Assistant Treasurer 120000 termination fee for management services - CFO 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 the latter half of the year. For the first 6 months, she was employed by Germantown Home. NewCourtland owns 100% of Germantown Home. 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" issues 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 organizations in the area is prepared for the review. Independent compensation 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 ($1,360,316) represents PSC II loan forgiveness as a loss; ($335,768) represents NewCourtland's share of Joint Venture net loss; ($720,374) represents Housing costs written off. 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 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 11/13/2023