2024-11-06T13:07:12-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2023-01-01 222575208 BETHANY HOME FOUNDATION INC BETH 4018312870 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 STEPHANIE IGOE EXECUTIVE DIRECTOR 4018312870 2024-11-06 1 0 DANIELLE NIHILL P01350943 6177170831 2024-11-06 2023 2024-10-15 13:58:12Z STEPHANIE IGOE 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 811512 0 X N/A X 1985 RI TO PROVIDE AN INDEPENDENT LIVING PROGRAM FOR THE ELDERLY AND TO SUPPORT BETHANY HOME OF RHODE ISLAND. 9 9 0 9 0 0 0 0 980600 802023 4212 9489 0 0 984812 811512 486690 293814 0 0 211508 231851 0 0 0 307876 246740 1006074 772405 -21262 39107 273112 302173 79710 66053 193402 236120 TO PROVIDE AN INDEPENDENT LIVING PROGRAM FOR THE ELDERLY AND TO SUPPORT BETHANY HOME OF RI, AN EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 0 0 592683 293814 802023 BETHANY HOME FOUNDATION MANAGES A 30-UNIT CONDOMINIUM RETIREMENT COMMUNITY HOME TO INDEPENDENT OLDER ADULTS IN SUPPORT OF BETHANY HOME OF RI, A 501(C)(3) NURSING FACILITY. 592683 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X STEPHANIE IGOE 4018312870 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 MARK CHAFEE TREASURER 0.50 0.50 X X 0 0 0 CAROLINE CORNWELL CO-CHAIRMAN (UNTIL 06/23) 0.50 0.50 X X 0 0 0 SR JANE MCGARRAHAN BOARD CHAIR 2.00 5.00 X X 0 0 0 STEPHANIE IGOE ADMINISTRATOR 4.00 36.00 X X 16355 147192 14093 JOE ILAQUA BOARD MEMBER (UNTIL 06/23) 0.50 0.50 X 0 0 0 ANDREW SCHUPACK BOARD MEMBER 0.50 0.50 X 0 0 0 HELAINE SCHUPACK CO-CHAIRMAN (UNTIL 06/23) 0.50 0.50 X 0 0 0 JUD SAVISKAS BOARD MEMBER 0.50 0.50 X 0 0 0 SR DONNA CONROY BOARD MEMBER (A/O 02/23) 0.50 0.50 X 0 0 0 ALAN LAWSON BOARD MEMBER (UNTIL 06/23) 0.50 0.50 X 0 0 0 ELAINE HILL BOARD MEMBER (A/O 06/23) 0.50 0.50 X 0 0 0 LUCY HANNA BOARD MEMBER (A/O 06/23) 0.50 0.50 X 0 0 0 BELINDA JOHNSON BOARD MEMBER (A/O 06/23) 0.50 0.50 X 0 0 0 DEBBY KELLEY BOARD MEMBER (A/O 06/23) 0.50 0.50 X 0 0 0 16355 147192 14093 0 0 1 0 0 COMMON FEES 532000 506510 506510 APPRECIATION INCOME ON 531390 293813 293813 PARKING FEES 531390 1700 1700 802023 9489 9489 811512 802023 0 9489 293814 293814 17764 17764 176663 70672 105991 1929 1666 263 20518 13456 7062 14977 9493 5484 21741 21741 8445 8445 9012 9012 130265 130265 43529 39569 3960 CAPITAL PURCHASES 33748 33748 772405 592683 179722 0 41366 38539 229 5550 24295 37369 207222 220715 273112 302173 22122 7381 4029 53559 58672 79710 66053 X 193402 236120 193402 236120 273112 302173 39107 3611 0 X 1 X 0 1 0 X X 1 BETHANY HOME OF RHODE ISLAND 050258941 10 1 293814 0 1 293814 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 SCHEDULE A, PART I, LINE 12G, COLUMN VI BETHANY HOME OF RHODE ISLAND PROVIDES MANAGEMENT SERVICES TO BETHANY HOME FOUNDATION, INCLUDING ADMINISTRATIVE, MAINTENANCE, AND SECURITY SERVICES. 207222 53280 -14388 25399 220715 225606 53280 -2556 69108 207222 234541 56080 11396 76411 225606 234125 58080 1372 59036 234541 232252 69420 11372 78919 234125 1.00000 0 0 0 MEMBERSHIP DEPOSITS 18500 DUE TO AFFILIATE 40172 58672 X PART V, LINE 4: THE FUNDS ARE SET ASIDE FOR THE SUPPORT OF THE GENERAL OPERATIONS OF BETHANY HOME FOUNDATION. PART X, LINE 2: NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS SINCE THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS PROVIDED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE SERVICE (IRS) HAS CLASSIFIED THE FOUNDATION AS A PUBLIC CHARITY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF ADMINISTRATIVE AND GENERAL EXPENSES. 1 BETHANY HOME OF RI INC 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 050258941 501(C)(3) 293814 0 TO PROVIDE FINANCIAL SUPPORT TO BETHANY HOME OF RI, INC. 1 0 PART II, LINE 1(A): THE ORGANIZATION MAKES GRANTS TO BETHANY HOME OF RHODE ISLAND, INC., A RELATED SECTION 501(C)(3) ORGANIZATION THAT IS ITS SUPPORTED ORGANIZATION. THE GRANT FUNDS ARE MONITORED SINCE THE SAME OFFICERS AND BOARD MEMBERS SERVE BOTH ORGANIZATIONS. 0 0 0 0 0 0 0 0 0 STEPHANIE IGOE ADMINISTRATOR 16355 128818 0 18374 0 0 699 6295 710 6389 17764 159876 0 0 FORM 990, PART V, LINE 2A: COMPENSATION AND RELATED EXPENSES ARE PAID BY BETHANY HOME OF RHODE ISLAND. BETHANY HOME FOUNDATION REIMBURSES BETHANY HOME OF RHODE ISLAND FOR THE EXPENSES. FORM 990, PART VI, SECTION A, LINE 1A THE COMMITTEE IS DESIGNED TO BRING FORWARD ANY CONCERNS OR QUESTIONS TO THE BOARD OF DIRECTORS FOR DISCUSSION AND REVIEW. FORM 990, PART VI, SECTION A, LINE 2 HELAINE SCHUPACK AND ANDREW SCHUPACK HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE COPY WILL BE SENT TO EACH MEMBER OF THE BOARD TO REVIEW AND DISCUSS AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE POLICY IS MAINTAINED AND UPDATED WHEN NECESSARY BY THE ADMINISTRATOR. THE ADMINISTRATOR MONITORS ANY POSSIBLE CONFLICTS AT ALL TIME IN PARTICULAR IF THERE ARE ANY CHANGES IN BOARD MEMBERS OR KEY EMPLOYEES. SHOULD A CONFLICT ARISE, THE BOARD WILL CONVENE AND INVESTIGATE AS NEEDED. IF A VIOLATION OCCURS, THE BOARD WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. BETHANY HOME OF RHODE ISLAND 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 050258941 PROVISION OF LONG TERM CARE FOR THE ELDERLY RI 501(C)(3) LINE 10 BETHANY HOME FOUNDATION INC 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 BETHANY HOME OF RHODE ISLAND INC B 293814 CASH