2021-05-14T13:21:39-05:00 2020-06-30 030276150 SULLIVAN POWERS & COMPANY 77 BARRE ST PO BOX 947 MONTPELIER VT 05601 990 2019-07-01 030370105 HEARTBEET LIFESHARING CORPORATION HEAR 8024723285 218 TOWN FARM ROAD HARDWICK VT 05853 ERIC TIDBLOM DIRECTOR OF FINANCE 8024723285 2021-05-11 1 WENDY C GILWEE CPA P00450631 8022232352 2021-05-11 2019 2022-09-23 18:48:47Z SARA HATCH 218 TOWN FARM ROAD HARDWICK VT 05853 1710632 0 X HEARTBEET.ORG X 2001 VT HEARTBEET IS A VIBRANT LIFESHARING COMMUNITY THAT INCLUDES ADULTS WITH DEVELOPMENTAL DISABILITIES AND INTERWEAVES THE SOCIAL AND AGRICULTURAL REALMS FOR THE HEALING AND RENEWING OF OUR SOCIETY AND THE EARTH. COMMUNITY MEMBERS LIVE AND WORK TOGETHER, IN BEAUTIFUL EXTENDED FAMILY HOUSEHOLDS, FORMING A MUTUALLY SUPPORTIVE ENVIRONMENT THAT ENABLES EACH INDIVIDUAL TO DISCOVER AND DEVELOP HIS OR HER UNIQUE ABILITIES AND POTENTIAL. THE GUIDING THOUGHTS AND IDEALS OF HEARTBEET FLOW FROM THE SPIRITUAL WORLDVIEW KNOWN AS ANTHROPOSOPHY, AS DEVELOPED BY RUDOLF STEINER. WHILE ANTHROPOSOPHY IS NOT A RELIGION, IT TEACHES THE SIGNIFICANCE OF THE NEW SPIRITUAL IMPULSE THAT CAME TO HUMANITY THROUGH CHRIST, AND THE NEED FOR PEOPLE TO TAKE THIS IMPULSE OF LOVE INTO THEIR INDIVIDUAL AND SOCIAL LIVES, AND INTO THEIR RELATION TO NATURE. WE TRY TO CULTIVATE A MOOD OF REVERENCE AND INNER PEACE TOGETHER. 18 14 37 27 0 0 478051 474564 1131743 1223909 2166 -4588 1600 -8049 1613560 1685836 0 0 0 0 441450 594259 0 0 168230 995469 990777 1436919 1585036 176641 100800 5892455 6145374 1219211 1371330 4673244 4774044 X HEARTBEET IS A VIBRANT LIFESHARING COMMUNITY THAT INCLUDES ADULTS WITH DEVELOPMENTAL DISABILITIES AND INTERWEAVES THE SOCIAL AND AGRICULTURAL REALMS FOR THE HEALING AND RENEWING OF OUR SOCIETY AND THE EARTH. COMMUNITY MEMBERS LIVE AND WORK TOGETHER, IN BEAUTIFUL EXTENDED FAMILY HOUSEHOLDS, FORMING A MUTUALLY SUPPORTIVE ENVIRONMENT THAT ENABLES EACH INDIVIDUAL TO DISCOVER AND DEVELOP HIS OR HER UNIQUE ABILITIES AND POTENTIAL. THE GUIDING THOUGHTS AND IDEALS OF HEARTBEET FLOW FROM THE SPIRITUAL WORLDVIEW KNOWN AS ANTHROPOSOPHY, AS DEVELOPED BY RUDOLF STEINER. WHILE ANTHROPOSOPHY IS NOT A RELIGION, IT TEACHES THE SIGNIFICANCE OF THE NEW SPIRITUAL IMPULSE THAT CAME TO HUMANITY THROUGH CHRIST, AND THE NEED FOR PEOPLE TO TAKE THIS IMPULSE OF LOVE INTO THEIR INDIVIDUAL AND SOCIAL LIVES, AND INTO THEIR RELATION TO NATURE. WE TRY TO CULTIVATE A MOOD OF REVERENCE AND INNER PEACE TOGETHER. 0 0 1117111 1215860 HEARTBEET LIFESHARING IS A COMMUNITY OF PEOPLE WHICH INCLUDE ADULTS WITH DISABILITIES LIVING AND SHARING THEIR LIVES TOGETHER. HEARTBEET USES DAILY LIFE AS AN OPPORTUNITY FOR VARIOUS FORMS OF THERAPY. 1117111 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 37 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 14 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X ERIC TIDBLOM 8024723285 218 TOWN FARM ROAD HARDWICK VT 05843 WARREN GLEICHER PRESIDENT THRU JUNE 2020 1.00 X X 0 0 0 HANNAH SCHWARTZ - GILBERT EXECUTIVE DIRECTOR/TRUSTEE (STEPPED DOWN JUNE 2020 40.00 X X 47123 0 0 ANNIE JACKSON TRUSTEE 40.00 X 0 0 0 JERRY SCHWARTZ TRUSTEE/PRESIDENT JUNE 2020 4.00 X X 0 0 0 SUSAN GILBERG TRUSTEE (STEPPED DOWN MAY 2020) 1.00 X 0 0 0 JOSHUA CARPENTER VICE PRESIDENT THRU JUNE 2020 4.00 X X 0 0 0 BARRY LEFKOWITZ TRUSTEE/TREASURER MAY 2020 4.00 X X 0 0 0 KRISTINA MICHELSEN TRUSTEE 1.00 X 0 0 0 ROGER BEGELMAN TREASURER THRU MAY 2020 1.00 X X 0 0 0 PATRICK MCCARTHY FINANCE DIRECTOR/TRUSTEE 40.00 X X 16743 0 0 JOHN E JED WILLIAMSON TRUSTEE (STEPPED DOWN JUNE 2020) 1.00 X 0 0 0 SARA HATCH TRUSTEE 40.00 X 20226 0 0 JUDITH JACKSON TRUSTEE/VICE PRESIDENT JUNE 2020 4.00 X X 0 0 0 MARCIANNA MORSE SECRETARY 40.00 X X 17004 0 0 JON GLEICHER TRUSTEE 1.00 X 0 0 0 SARAH GAMBLE TRUSTEE (STARTED JANUARY 2020) 1.00 X 0 0 0 LEIGH HOLIDAY TRUSTEE (STARTED JUNE 2020) 1.00 X 0 0 0 MARY WILDFEUER TRUSTEE (STARTED JUNE 2020) 1.00 X 0 0 0 101096 0 0 0 0 0 0 0 474564 474564 RESIDENTIAL CARE 623990 1217813 1217813 FARM INCOME 110000 3600 3600 CRAFT INCOME 900099 2496 2496 1223909 4846 4846 5300 14734 -9434 -9434 -9434 1604 10062 -8458 -8458 MISCELLANEOUS 900099 409 409 409 1685836 1215860 0 -4588 X 57052 28526 7000 21526 487973 252582 150578 84813 49234 24073 16495 8666 6086 6086 34701 34701 36345 36345 15215 15215 52407 43335 3839 5233 413446 402462 5492 5492 1454 1454 5054 1502 961 2591 24379 21941 1219 1219 162074 145866 8104 8104 66861 34705 21484 10672 FARM/GARDEN AND ESTATE/ 45438 45438 AUTO EXPENSES 43029 43029 CHARITABLE CONTRIBUTION 32635 32635 CULTURAL 14557 14557 37096 22750 11101 3245 1585036 1117111 299695 168230 91755 179356 250613 285097 22500 7500 105153 137759 50000 59138 13845 6537 6454683 984696 5358589 5469987 5892455 6145374 87186 165990 1132025 1116240 0 89100 1219211 1371330 X 4621954 4754661 51290 19383 4673244 4774044 5892455 6145374 100800 0 X 0 1 X 1 0 X 812233 278962 318703 478051 474564 2362513 812233 278962 318703 478051 474564 2362513 896668 1465845 570 705 450 1368 4846 7939 550 2342 116 1600 4009 8617 2379069 4830777 0.61610 0.67990 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 550. 2016 AMOUNT: $ 42. 2017 AMOUNT: $ 116. 2018 AMOUNT: $ 600. 2019 AMOUNT: $ 409. INSURANCE PROCEEDS - 2016 AMOUNT: $ 2,300. LOGGING INCOME SALE OF TIMBER - 2018 AMOUNT: $ 1,000. 2019 AMOUNT: $ 3,600. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 228000 228000 5758129 809396 4948733 197442 68772 128670 271112 106528 164584 5469987 REFUNDABLE ADVANCE - PAYCHECK PROTECTION PROGRAM 89100 89100 X 1705332 19496 19496 1685836 0 1685836 1604532 19496 19496 1585036 0 1585036 PART X, LINE 2: THE ORGANIZATION ADOPTED PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD INTERPRETATION NO. 48, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS USING THE PROVISIONS OF FASB ASC 450, "CONTINGENCIES." ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION. NO PROVISION FOR INCOME TAX IS REQUIRED FOR 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF EQUIPMENT AND VEHICLES 9,434. MERCHANDISE COST OF GOODS SOLD 10,062. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON SALE OF EQUIPMENT AND VEHICLES 9,434. MERCHANDISE COST OF GOODS SOLD 10,062. X X 1 0 0 0 0 0 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR'S COMPENSATION IS ESTABLISHED WHEN DEVELOPING THE BUDGET. AT TIME OF BUDGET APPROVAL OF THE FINANCE COMMITTEE AND ENTIRE BOARD THE SALARIES ARE APPROVED. PART I, LINE 4A HANNAH SCHWARTZ, EXECUTIVE DIRECTOR, ENTERED INTO A LEAVING MONEY AGREEMENT (SEVERANCE PACKAGE) ON JUNE 26, 2020, WITH AN ACTUAL LEAVE DATE OF 8/5/2020. THE SEVERANCE PACKAGE IS TO ASSIST WITH FINANCIAL SUPPORT FOR THE TRANSITION FROM THE ORGANIZATION. THE TOTAL AMOUNT OF SEVERANCE TO BE RECEIVED IS $90,000 AND WILL BE DISBURSED IN NINE (9) PAYMENTS OF VARYING AMOUNTS FROM JULY, 2020 THROUGH JANUARY , 2021. THE PAYMENT SCHEDULE IS AS FOLLOWS: JULY, 2020 = $25,000; AUGUST, 2020 = $4,000; SEPTEMBER, 2020 = $4,000; OCTOBER, 2020 = $6,000; NOVEMBER , 2020 = $8,000; AND JANUARY, 2021 = $43,000. LINE 1 - MISSION STATEMENT CONTINUATION THE AIM OF SPIRITUALITY IN THE COMMUNITY IS TO STIMULATE ALL MEMBERS OF THE COMMUNITY TO FEEL RESPONSIBLE FOR THEIR OWN MORAL DEVELOPMENT TOWARDS GREATER HARMONY AND GOOD ON EARTH, REGARDLESS OF RELIGIOUS AFFILIATION OR DISABILITY. LINE 1 - DESCRIPTION OF ORGANIZATION MISSION CONTINUATION THE AIM OF SPIRITUALITY IN THE COMMUNITY IS TO STIMULATE ALL MEMBERS OF THE COMMUNITY TO FEEL RESPONSIBLE FOR THEIR OWN MORAL DEVELOPMENT TOWARDS GREATER HARMONY AND GOOD ON EARTH, REGARDLESS OF RELIGIOUS AFFILIATION OR DISABILITY. FORM 990, PART VI, SECTION A, LINE 2 JON GLEICHER IS THE SON OF WARREN GLEICHER. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE WILL REVIEW THE 990 AND THEN SEND OUT A COPY TO ALL BOARD MEMBERS VIA EMAIL. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD APPROVED A CONFLICT OF INTEREST POLICY EFFECTIVE OCTOBER 26, 2012. ALL EMPLOYEES, MANAGEMENT AND THE BOARD OF TRUSTEES ARE REQUIRED AT ANY POINT IN TIME TO COMMUNICATE A CONFLICT OF INTEREST (FAMILY/BUSINESS RELATIONSHIP) TO THE BOARD. THE BOARD WILL REVIEW THE POTENTIAL CONFLICT AND DETERMINE IF MATERIAL. IF THE RELATIONSHIP FALLS AMOUNG THE BOARD AND IS CONSIDERED MATERIAL, THEN THE TRUSTEE WITH THE CONFLICT WILL NOT BE ALLOWED TO VOTE IN REGARDS TO THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR AND FINANCE DIRECTOR'S COMPENSATION ARE ESTABLISHED WHEN DEVELOPING THE BUDGET. AT TIME OF BUDGET APPROVAL OF THE FINANCE COMMITTEE AND ENTIRE BOARD THE SALARIES ARE APPROVED. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 AND FORM 1023 ARE MADE AVAILABLE UPON EACH INDIVIDUAL REQUEST THAT IS RECEIVED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC UPON EACH INDIVIDUAL REQUEST. FORM 990, PART IX, LINE 11G STIPENDS: PROGRAM SERVICE EXPENSES 35,285. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 35,285. NURSING CARE: PROGRAM SERVICE EXPENSES 1,060. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,060. FORM 990, PART IX, LINE 24E STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 6,346. MANAGEMENT AND GENERAL EXPENSES 3,101. FUNDRAISING EXPENSES 3,245. TOTAL EXPENSES 12,692. BAD DEBT EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,000. VOLUNTEER EXPENSES: PROGRAM SERVICE EXPENSES 6,608. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,608. MISCELLANEOUS: PROGRAM SERVICE EXPENSES 3,071. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,071. ADMISSIONS ASSISTANCE: PROGRAM SERVICE EXPENSES 2,512. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,512. WOODWORKING SHOP EXPENSES: PROGRAM SERVICE EXPENSES 2,153. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,153. CRAFT SUPPLIES: PROGRAM SERVICE EXPENSES 2,060. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,060.