2022-11-15T14:21:07-06:00 2021-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2021-01-01 050258880 STEERE HOUSE NURSING & REHABILITATION CENTER STEE 4014547970 100 BORDEN STREET PROVIDENCE RI 02903 JOSHUA SEGAL EXECUTIVE DIRECTOR 4014547970 2022-11-15 1 JOSHUA SEGAL 999009999 MICHAEL E CRISCIONE P01456801 4014214800 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z JOSHUA SEGAL 100 BORDEN STREET PROVIDENCE RI 02903 15765816 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 11 158 0 0 0 1513569 1072783 9870919 10209426 2047743 2575680 34956 3140 13467187 13861029 0 0 0 0 6924254 6676974 0 0 0 6432663 6059612 13356917 12736586 110270 1124443 24491092 25892307 5372825 5091295 19118267 20801012 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 10940754 10212566 PROVIDES REHABILITATIVE, SKILLED, TRANSITIONAL NURSING CARE. ALSO PROVIDES LONG-TERM SUPPORT AND CARE TO THOSE WITH ALZHEIMERS AND MEMORY LOSS. 10940754 1 1 0 0 0 0 0 0 0 1 1 0 0 0 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 30 115 1 158 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 1 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 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 ANDREW C SPACONE BOARD MEMBER 1.00 X 0 0 0 DIANNE BOURGET DIRECTOR OF FINANCE (THRU 09/21) 55.84 0.50 X X 144828 0 13713 JULIE H RICHARD ADMINISTRATOR 40.27 0.50 X X 159516 0 7561 CHELSIE HIGGINS DIRECTOR OF FINANCE (EFF 10/21) 39.50 0.50 X X 75711 0 1007 NICOLE PLANTE DIRECTOR OF NURSING 40.00 X 144804 0 8543 DEBORAH YASICK SHIFT SUPERVISOR 47.72 X 116304 0 16445 PIERRE LOUIS ALTAGRACE LICENSED PRACTICAL NURSE 52.70 X 118137 0 11188 759300 0 58457 7 0 1 0 UNIDINE LIFESTYLES PO BOX 102289 ATLANTA GA 30368 CONTRACT SERVICES - DIETARY & EVS 2035893 CARELINK INC 400 MASSASOIT AVENUE SUITE 113 EAST PROVIDENCE RI 02914 THERAPY SERVICES 591619 PHARMERICA PO BOX 409251 ATLANTA GA 30384 PHARMACY 247488 3 369257 317294 386232 1072783 PATIENT SERVICES 623000 10209426 10209426 10209426 363066 363066 4117401 1904787 2212614 2212614 2212614 MISCELLANEOUS INCOME 623000 3140 3140 3140 13861029 10212566 0 2575680 X 555683 185200 370483 5172101 4956801 215300 55869 50282 5587 452711 407440 45271 440610 394311 46299 25013 25013 71305 71305 99186 99186 2418597 2346132 72465 23365 23365 230394 230394 675 675 159802 159802 487426 487426 328040 111465 216575 OTHER 791556 650634 140922 NURSING SUPPLIES 553932 553932 PROVIDER ASSESSMENT 527495 527495 FOOD 342826 342826 12736586 10940754 1795832 0 284560 412430 1523908 2053165 27591 43800 104113 117600 15259010 10618566 5065188 4640444 16483745 17063720 683371 1199479 318616 361669 24491092 25892307 1130912 1150321 4018999 3826999 222914 113975 5372825 5091295 X 19094295 20693452 23972 107560 19118267 20801012 24491092 25892307 X 1124443 -66745 625047 X X 1 X 0 1 1 1 X 614776 493763 619460 1513569 1072783 4314351 11304865 11608995 11546876 9870919 10209426 54541081 11919641 12102758 12166336 11384488 11282209 58855432 265894 286340 279699 295908 302995 1430836 0 265894 286340 279699 295908 302995 1430836 57424596 350159 397170 330876 291505 363066 1732776 350159 397170 330876 291505 363066 1732776 127506 20023 26380 34956 3140 212005 12397306 12519951 12523592 11710949 11648415 60800213 0.94450 0.94560 0.02850 0.02780 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISC INCOME - 2017 AMOUNT: $ 127,506. 2018 AMOUNT: $ 20,023. 2019 AMOUNT: $ 26,380. 2020 AMOUNT: $ 34,956. 2021 AMOUNT: $ 3,140. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 16483745 2409749 1829774 17063720 15573885 1989781 1079921 16483745 14245576 2721971 1393662 15573885 15659940 71467 -675783 810048 14245576 14436621 2092880 869561 15659940 1.00000 0 0 12534562 8277382 4257180 2582807 2199543 383264 141641 141641 0 4640444 INTEREST RATE SWAP CONTRACT 113975 113975 X 14320145 -66745 625047 558302 13761843 99186 99186 13861029 12637400 0 12637400 99186 99186 12736586 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. PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN IN EQUITY OF JOINT VENTURE IN OCEAN STATE ASSISTED LIVING ("OSAL") 516,108. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP CONTRACT 108,939. X X 0 0 0 0 0 0 0 0 0 JULIE H RICHARD ADMINISTRATOR 159516 0 0 0 0 0 772 0 6789 0 167077 0 0 0 DIANNE BOURGET DIRECTOR OF FINANCE (THRU 09/21) 144828 0 0 0 0 0 4875 0 8838 0 158541 0 0 0 NICOLE PLANTE DIRECTOR OF NURSING 144804 0 0 0 0 0 697 0 7846 0 153347 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 1513001 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 A, LINE 2 TIMOTHY REINER, BOARD MEMBER, AND DIANNE BOURGET, DIRECTOR OF FINANCE (THRU 09/2021), ARE BROTHER AND SISTER. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION AMENDED ITS BYLAWS EFFECTIVE AUGUST 30, 2021. 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 242,016. MANAGEMENT AND GENERAL EXPENSES 72,465. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 314,481. CONTRACTED THERAPY: PROGRAM SERVICE EXPENSES 601,981. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 601,981. CONTRACTED DIETARY: PROGRAM SERVICE EXPENSES 812,412. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 812,412. CONTRACTED HOUSEKEEPING: PROGRAM SERVICE EXPENSES 420,467. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 420,467. CONTRACTED LAUNDRY: PROGRAM SERVICE EXPENSES 125,658. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 125,658. CONTRACTED MAINTENANCE: PROGRAM SERVICE EXPENSES 143,598. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 143,598. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR GAIN IN EQUITY OF JOINT VENTURE IN "OSAL" 516,108. CHANGE IN FAIR VALUE OF INTEREST RATE SWAP CONTRACT 108,939. 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 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 369257 ACTUAL AMOUNT RECEIVED THE STEERE HOUSE FOUNDATION O 73130 ACTUAL COST INCURRED THE STEERE HOUSE FOUNDATION Q 86751 REIMBURSEMENT