2023-10-18T13:45:19-05:00 2022-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2022-01-01 050258880 STEERE HOUSE NURSING & REHABILITATION CENTER STEE 4014547970 100 BORDEN STREET PROVIDENCE RI 02903 JOSHUA SEGAL EXECUTIVE DIRECTOR 4014547970 2023-09-19 1 JOSHUA SEGAL 999009999 0 MICHAEL E CRISCIONE P01456801 4014214800 2023-09-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSHUA SEGAL 100 BORDEN STREET PROVIDENCE RI 02903 17719906 0 X WWW.STEEREHOUSE.ORG X 1874 RI THE MISSION OF STEERE HOUSE NURSING & REHABILITATION CENTER IS TO SERVE ADULTS WHO REQUIRE SKILLED, RESTORATIVE AND LONG-TERM CARE SERVICES WITHIN A SECURE AND CARING ENVIRONMENT. THE CENTER ALSO PROVIDES EDUCATIONAL AND RESEARCH EXPERIENCES THAT ENHANCE THE CARE OF THOSE WE SERVE. 11 11 151 7 0 0 1072783 2722720 10209426 10860663 2575680 -2340668 3140 34019 13861029 11276734 0 0 0 0 6676974 7819228 0 0 0 6059612 6476209 12736586 14295437 1124443 -3018703 25892307 28365776 5091295 10961312 20801012 17404464 X THE MISSION OF STEERE HOUSE NURSING & REHABILITATION CENTER ("THE CENTER") IS TO SERVE ADULTS WHO REQUIRE SKILLED, RESTORATIVE AND LONG-TERM CARE SERVICES WITHIN A SECURE AND CARING ENVIRONMENT. THE CENTER ALSO PROVIDES EDUCATIONAL AND RESEARCH EXPERIENCES THAT ENHANCE THE CARE OF THOSE WE SERVE. 0 0 12236591 10894682 PROVIDES REHABILITATIVE, SKILLED, TRANSITIONAL NURSING CARE. ALSO PROVIDES LONG-TERM SUPPORT AND CARE TO THOSE WITH ALZHEIMERS AND MEMORY LOSS. 12236591 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 37 0 1 151 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JOSHUA SEGAL 4014547970 100 BORDEN STREET PROVIDENCE RI 02903 LINDA M CANNISTRA BOARD PRESIDENT 2.50 0.50 X X 0 0 0 PAUL S ASTPHAN BOARD VICE PRESIDENT 1.00 0.50 X X 0 0 0 ANDREW C SPACONE BOARD MEMBER 1.00 X 0 0 0 NORMA J OWENS BOARD TREASURER 2.00 0.50 X X 0 0 0 DIANE STEERE NOBLES BOARD SECRETARY 1.00 0.50 X X 0 0 0 TIMOTHY J REINER BOARD MEMBER 0.50 X 0 0 0 DAVID DOSA MD BOARD MEMBER 0.50 X 0 0 0 JONATHAN L CABOT BOARD MEMBER 0.50 X 0 0 0 CAROL C MCMAHON BOARD MEMBER 0.50 0.50 X 0 0 0 CAROL YARNEL BOARD MEMBER 0.50 X 0 0 0 DEBRA PAGE-TRIM BOARD MEMBER 0.50 X 0 0 0 JULIE H RICHARD ADMINISTRATOR (THRU JUNE 2022) 70.42 0.50 X X 162686 0 8546 JOSHUA SEGAL ADMINISTRATOR (EFF JUNE 2022) 39.50 0.50 X X 114386 0 317 CHELSIE HIGGINS DIRECTOR OF FINANCE 40.15 0.50 X 112885 0 13593 NICOLE PLANTE DIRECTOR OF NURSING 40.00 X 144804 0 10077 DEBORAH YASICK SHIFT SUPERVISOR 54.21 X 144828 0 13357 ALTAGRACE PIERRE LOUIS LICENSED PRACTICAL NURSE 58.26 X 116304 0 12361 RUKAYAT OLALEKAN REGISTERED NURSE 55.23 X 118137 0 5306 SHERRY COOGAN REGISTERED NURSE 40.00 X 124264 0 606 MELISSA PROULX REGISTERED NURSE 40.00 X 114361 0 1114 1152655 0 65277 17 0 1 0 UNIDINE LIFESTYLES 2400 YORMONT ROAD CHARLOTTE NC 28217 CONTRACT SERVICES - DIETARY & EVS 2176229 CARELINK INC 400 MASSASOIT AVENUE SUITE 113 EAST PROVIDENCE RI 02914 THERAPY SERVICES 495903 PHARMERICA PO BOX 409251 ATLANTA GA 30384 PHARMACY SUPPLIES & SERVICES 169789 3 176275 2134282 412163 2722720 PATIENT SERVICES 623000 10860663 10860663 10860663 335127 335127 3767377 6443172 -2675795 -2675795 -2675795 MISCELLANEOUS INCOME 623000 34019 34019 34019 11276734 10894682 0 -2340668 X 440817 143553 297264 6303482 5906033 397449 77836 69818 8018 489486 439064 50422 507607 455323 52284 1091 1091 71375 71375 86947 86947 2618898 2408242 210656 30481 30481 405336 397581 7755 1090 1090 148102 148102 490652 5028 485624 425888 176969 248919 OTHER 715179 574137 141042 PROVIDER ASSESSMENT 620839 620839 NURSING SUPPLIES 478387 478387 FOOD 381944 381944 14295437 12236591 2058846 0 412430 362733 2053165 1573099 43800 51499 117600 96099 15210456 10940705 4640444 4269751 17063720 13018001 1199479 803549 361669 8191045 25892307 28365776 1150321 1301152 3826999 3632999 113975 6027161 5091295 10961312 X 20693452 17341874 107560 62590 20801012 17404464 25892307 28365776 X -3018703 -128788 -249057 X X 1 X 0 1 0 X 493763 619460 1513569 1072783 823667 4523242 11608995 11546876 9870919 10209426 10860663 54096879 12102758 12166336 11384488 11282209 11684330 58620121 286340 279699 295908 302995 372325 1537267 0 286340 279699 295908 302995 372325 1537267 57082854 397170 330876 291505 363066 335127 1717744 397170 330876 291505 363066 335127 1717744 20023 26380 34956 3140 34019 118518 12519951 12523592 11710949 11648415 12053476 60456383 0.94420 0.94450 0.02840 0.02850 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISC INCOME - 2018 AMOUNT: $ 20,023. 2019 AMOUNT: $ 26,380. 2020 AMOUNT: $ 34,956. 2021 AMOUNT: $ 3,140. 2022 AMOUNT: $ 34,019. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17063720 -2556403 1489316 13018001 16483745 2409749 1829774 17063720 15573885 1989781 1079921 16483745 14245576 2721971 1393662 15573885 15659940 71467 -675783 810048 14245576 1.00000 0 0 12614174 8681861 3932313 2454641 2117203 337438 141641 141641 0 4269751 DEPOSITS 152323 BOND CLOSING COSTS 69482 DUE TO RELATED PARTIES 7433 INTANGIBLE PROPERTY 2695 INTEREST RATE SWAP CONTRACT 32898 EMPLOYEE RETENTION CREDIT RECEIVABLE 1899053 RIGHT-OF-USE ASSET 6027161 8191045 OPERATING LEASE LIABILITY 6027161 6027161 X PART V, LINE 4: THE CENTER HAS ESTABLISHED THE BOARD-DESIGNATED FUND AS A PERPETUAL ENDOWMENT MEANT TO PROVIDE ANNUAL DRAWDOWNS FROM TOTAL RETURN TO SUPPLEMENT THE CENTER'S OPERATING BUDGET, AS WELL AS TO PROVIDE CAPITAL FOR EXTRAORDINARY USES FROM TIME TO TIME. PART X, LINE 2: THE CENTER QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY, THE CENTER IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, THE CENTER APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE CENTER'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. THE CENTER FILES A TAX RETURN IN THE U.S. FEDERAL JURISDICTION. X X 0 0 0 0 0 0 0 0 0 JULIE H RICHARD ADMINISTRATOR (THRU JUNE 2022) 162686 0 0 0 0 0 725 0 7821 0 171232 0 0 0 DEBORAH YASICK SHIFT SUPERVISOR 144828 0 0 0 0 0 5036 0 8321 0 158185 0 0 0 NICOLE PLANTE DIRECTOR OF NURSING 144804 0 0 0 0 0 1756 0 8321 0 154881 0 0 0 A RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION NONEAVAIL 2011-08-01 5340000 REFUND A PRIOR ISSUE; FACILITY RENOVATIONS 0 0 0 A 1707001 5340000 121574 1916909 2012 0 1 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 1 RBS CITIZENS NA 8.800000000000 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B THE CENTER'S FINANCE TEAM MET TO REVIEW THE DRAFT 990 PRIOR TO FILING AND RECOMMENDED APPROVAL TO THE BOARD. IN ADDITION, ALL BOARD MEMBERS WERE PROVIDED WITH EITHER AN ELECTRONIC OR HARD COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS UPDATE AND SIGN THE ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT, WHICH IS RETAINED. ANY CONFLICTS OF INTEREST ARISING IN THE INTERIM PERIOD ARE REQUIRED TO BE DISCLOSED WHEN KNOWN. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVES THE EXECUTIVE DIRECTOR COMPENSATION POLICY, MONITORS COMPLIANCE WITH THE POLICY AND APPROVES THE EXECUTIVE DIRECTOR'S SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE CENTER'S LOCATION - 100 BORDEN STREET, PROVIDENCE, RI 02903. FORM 990, PART IX, LINE 11G OTHER CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 205,547. MANAGEMENT AND GENERAL EXPENSES 210,656. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 416,203. CONTRACTED THERAPY: PROGRAM SERVICE EXPENSES 488,845. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 488,845. CONTRACTED DIETARY: PROGRAM SERVICE EXPENSES 962,948. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 962,948. CONTRACTED HOUSEKEEPING: PROGRAM SERVICE EXPENSES 403,479. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 403,479. CONTRACTED LAUNDRY: PROGRAM SERVICE EXPENSES 190,177. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 190,177. CONTRACTED MAINTENANCE: PROGRAM SERVICE EXPENSES 157,246. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 157,246. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR LOSS IN EQUITY OF JOINT VENTURE IN "OSAL" -395,930. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP CONTRACT 146,873. FORM 990, PART XII, LINE 2(C): THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE STEERE HOUSE FOUNDATION 100 BORDEN STREET PROVIDENCE RI 02903 050518885 PROVIDE SUPPORT AND MAINTENANCE OF STEERE HOUSE NURSING HOME RI 501(C)(3) LINE 12B, II N/A 0 OCEAN STATE ASSISTED LIVING DBA THE SEASONS 5 SAINT ELIZABETH WAY EAST GREENWICH RI 02818 050510787 ASSISTED LIVING FACILITY RI 501(C)(3) LINE 10 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 THE STEERE HOUSE FOUNDATION C 176275 ACTUAL AMOUNT RECEIVED THE STEERE HOUSE FOUNDATION O 35439 ACTUAL COST INCURRED THE STEERE HOUSE FOUNDATION Q 181226 REIMBURSEMENT