2020-07-02T14:53:21-05:00 2019-06-30 030276150 SULLIVAN POWERS & COMPANY 77 BARRE ST PO BOX 947 MONTPELIER VT 05601 990 2018-07-01 030370105 HEARTBEET LIFESHARING CORPORATION HEAR 8024723285 218 TOWN FARM ROAD HARDWICK VT 05853 PATRICK MCCARTHY DIRECTOR OF FINANCE 8024723285 2020-07-02 1 WENDY C GILWEE CPA P00450631 8022232352 2020-06-23 72.15.19.46 2020-07-02 11:56:01 ED P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 DC2448EAE2658DB79046F2FE8D05CB6638D0654B 2018 2020-09-23 17:36:50Z HANNAH SCHWARTZ 218 TOWN FARM ROAD HARDWICK VT 05853 1616862 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. 15 12 29 68 0 0 318703 478051 976533 1131743 1450 2166 116 1600 1296802 1613560 0 0 0 0 483192 441450 0 0 75711 841778 995469 1324970 1436919 -28168 176641 5737158 5892455 1240555 1219211 4496603 4673244 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 1086116 1134141 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. 1086116 1 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 1 29 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 12 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X PATRICK MCCARTHY 8024723285 218 TOWN FARM ROAD HARDWICK VT 05843 WARREN GLEICHER PRESIDENT 4.00 X X 0 0 0 HANNAH SCHWARTZ - GILBERT EXECUTIVE DIRECTOR/TRUSTEE 40.00 X X 39803 0 0 ANNIE JACKSON TRUSTEE 40.00 X 0 0 0 JERRY SCHWARTZ TRUSTEE 1.00 X 0 0 0 SUSAN GILBERG TRUSTEE 1.00 X 0 0 0 JOSHUA CARPENTER VICE PRESIDENT 4.00 X X 0 0 0 BARRY LEFKOWITZ TRUSTEE 1.00 X 0 0 0 KRISTINA MICHELSEN TRUSTEE 1.00 X 0 0 0 ROGER BEGELMAN TREASURER 1.00 X X 0 0 0 PATRICK MCCARTHY FINANCE DIRECTOR/TRUSTEE 40.00 X X 20068 0 0 JOHN E JED WILLIAMSON TRUSTEE 1.00 X 0 0 0 SARA HATCH TRUSTEE 40.00 X 27881 0 0 JUDITH JACKSON TRUSTEE 4.00 X 0 0 0 MARCIANNA MORSE SECRETARY 40.00 X X 14585 0 0 JON GLEICHER TRUSTEE 1.00 X 0 0 0 JONATHAN GILBERT FORMER TRUSTEE/FINANCE DIRECTOR T 40.00 X 57386 0 0 159723 0 0 0 1 0 0 0 6000 472051 478051 RESIDENTIAL CARE 623990 1128704 1128704 CRAFT INCOME 900099 2529 2529 FARM INCOME 110000 510 510 1131743 1368 1368 4100 3302 798 798 798 MISCELLANEOUS 900099 1600 1600 1600 1613560 1134141 0 1368 X 100463 57689 23909 18865 298955 193892 88986 16077 42032 26474 11880 3678 30385 30385 40097 33080 7017 9389 9389 50665 490 46219 3956 3584 3584 386665 379790 6875 8827 8827 10666 6489 4177 24712 19770 2471 2471 150221 132194 13520 4507 70571 63514 7057 AUTO EXPENSES 70261 70261 FARM/GARDEN AND ESTATE/ 64668 64668 CHARITABLE CONTRIBUTION 30284 30284 CULTURAL 17094 17094 27380 27200 180 1436919 1086116 275092 75711 83370 91755 214219 250613 19870 22500 93558 105153 50000 50000 22386 13845 6198225 839636 5253755 5358589 5737158 5892455 93111 87186 1147444 1132025 1240555 1219211 X 4470731 4621954 25872 51290 4496603 4673244 5737158 5892455 176641 0 X 0 1 X 1 0 X 443674 812233 278962 318703 478051 2331623 443674 812233 278962 318703 478051 2331623 734694 1596929 2966 570 705 450 1368 6059 6434 550 2342 116 1600 11042 2348724 4504055 0.67990 0.74720 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 550. 2016 AMOUNT: $ 42. 2017 AMOUNT: $ 116. 2018 AMOUNT: $ 600. INSURANCE PROCEEDS - 2016 AMOUNT: $ 2,300. LOGGING INCOME SALE OF TIMBER - 2014 AMOUNT: $ 6,434. 2018 AMOUNT: $ 1,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 228000 228000 5513412 691424 4821988 192119 58081 134038 264694 90131 174563 5358589 X 1613560 0 1613560 0 1613560 1436919 0 1436919 0 1436919 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 2019. X X 1 0 0 0 0 0 0 0 0 JONATHAN GILBERT FORMER TRUSTEE/FINANCE DIRECTOR T 57386 0 0 0 0 0 0 0 0 0 57386 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 JONATHAN GILBERT (FINANCE DIRECTOR AND TRUSTEE) LEFT THE ORGANIZATION ON APRIL 5, 2018 AND A SEVERANCE AGREEMENT WAS SIGNED. THE SEVERANCE AGREEMENT DISCLOSED A PAYMENT OF $46,000 TO BE PAID OUT IN FIVE PAYMENTS AS FOLLOWS: $9,200 ON 5/14/2018, $9,200 ON 5/18/2018, $9,200 ON 6/1/2018, $9,200 ON 6/15/2018, AND $9,200 ON 6/29/2018. 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. 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 29,716. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 29,716. NURSING CARE: PROGRAM SERVICE EXPENSES 3,364. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,364. VISA SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 7,017. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,017. FORM 990, PART IX, LINE 24E STAFF DEVELOPMENT: PROGRAM SERVICE EXPENSES 11,089. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,089. VOLUNTEER EXPENSES: PROGRAM SERVICE EXPENSES 6,391. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,391. ADMISSIONS ASSISTANCE: PROGRAM SERVICE EXPENSES 3,815. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,815. WOODWORKING SHOP EXPENSES: PROGRAM SERVICE EXPENSES 3,486. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,486. CRAFT SUPPLIES: PROGRAM SERVICE EXPENSES 2,419. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,419. DONOR GIFTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 180. TOTAL EXPENSES 180.