2019-09-26T18:41:18-05:00 2018-12-31 222428965 CITRIN COOPERMAN & COMPANY LLP 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2018-01-01 050258880 STEERE HOUSE STEE 4014547970 100 BORDEN STREET PROVIDENCE RI 02903 JULIE H RICHARD EXECUTIVE DIRECTOR 4014547970 2019-09-25 1 PAMELA SAWIN P00852182 4014214800 68.15.50.214 2019-09-25 11:50:47 ED P 2D73638E485762080CD6372097A84C5E4D65F034 9A1DE35FB6A5C62226C73AE1F8261FE0B535C694 2018 2019-02-21 02:37:17Z JULIE H RICHARD 100 BORDEN STREET PROVIDENCE RI 02903 20205195 0 X WWW.STEEREHOUSE.ORG X 1874 RI THE MISSION OF STEERE HOUSE 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 11 226 15 0 0 614776 493763 11304865 11608995 1167047 1665629 127506 20023 13214194 13788410 0 0 0 0 6823590 6869352 0 0 0 6233961 6354796 13057551 13224148 156643 564262 24665662 22856268 6181528 5988431 18484134 16867837 THE MISSION OF STEERE HOUSE 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 11512418 11629018 PROVIDES REHABILITATIVE, SKILLED, TRANSITIONAL NURSING CARE. ALSO PROVIDES LONG-TERM SUPPORT AND CARE TO THOSE WITH ALZHEIMER AND MEMORY LOSS. 11512418 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 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 32 0 1 226 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 DIANNE BOURGET 4014547970 100 BORDEN STREET PROVIDENCE RI 02907 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 DAVID M MULLEN BOARD MEMBER 0.50 X 0 0 0 DEBRA PAGE-TRIM BOARD MEMBER 0.50 X 0 0 0 ANDREW C SPACONE IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 DIANNE BOURGET DIRECTOR OF FINANCE 39.50 0.50 X 107386 0 14693 JULIE H RICHARD EXECUTIVE DIRECTOR 39.50 0.50 X 151441 0 6444 NICOLE PLANTE DIRECTOR OF NURSING 40.00 X 109759 0 5860 DEBORAH YASICK SHIFT SUPERVISOR 38.75 X 142167 0 8869 SHERRI COOGAN SUPERVISOR 40.00 X 107386 0 6101 618139 0 41967 5 0 1 0 FLIK LIFESTYLES PO BOX 102289 ATLANTA GA 30368 CONTRACT SERVICES-DIETARY & EVS 2162937 CARELINK 225 CHAPMAN STREET SUITE 301 PROVIDENCE RI 02903 THERAPY SERVICES 496101 2 173928 319835 493763 PATIENT SERVICES 623000 11608995 11608995 11608995 397170 397170 7685244 6416785 1268459 1268459 1268459 MISCELLANEOUS INCOME 623000 20023 20023 20023 13788410 11629018 0 1665629 X 395583 115619 279964 5482252 5238267 243985 54777 50069 4708 489843 466563 23280 446897 408492 38405 45975 45975 79778 79778 92160 92160 2375251 2279075 96176 8498 8498 266710 266710 451 451 178540 178540 485090 5028 480062 322540 156694 165846 OTHER 862808 701417 161391 PROVIDER ASSESSMENT 643335 643335 NURSING SUPPLIES 620009 620009 FOOD 373651 373651 13224148 11512418 1711730 0 424757 302075 1991720 2272724 35127 19575 174149 91519 14809549 9350102 5606333 5459447 15659940 14245576 281074 208717 492562 256635 24665662 22856268 1469213 1513199 4556999 4388999 155316 86233 6181528 5988431 X 18324059 16794545 160075 73292 18484134 16867837 24665662 22856268 X 564262 -2177285 -3274 X X 1 X 0 1 0 X 621951 612572 620621 614776 493763 2963683 10972521 11072351 10775482 11304865 11608995 55734214 11594472 11684923 11396103 11919641 12102758 58697897 279582 321406 265557 265894 286340 1418779 0 279582 321406 265557 265894 286340 1418779 57279118 403759 352653 322352 350159 397170 1826093 403759 352653 322352 350159 397170 1826093 39724 26091 16112 127506 20023 229456 12037955 12063667 11734567 12397306 12519951 60753446 0.94280 0.94280 0.03010 0.02980 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISC INCOME - 2014 AMOUNT: $ 39,724. 2015 AMOUNT: $ 26,091. 2016 AMOUNT: $ 16,112. 2017 AMOUNT: $ 127,506. 2018 AMOUNT: $ 20,023. 15659940 71467 -675783 810048 14245576 14436621 2092880 869561 15659940 14376719 831479 771577 14436621 14785706 320107 729094 14376719 13848135 600000 1025844 688273 14785706 0 0 12107502 7087957 5019545 2560406 2138040 422366 141641 124105 17536 5459447 INTEREST RATE SWAP CONTRACT 86233 86233 X 11515691 -2177285 -3274 -2180559 13696250 92160 92160 13788410 13131988 0 13131988 92160 92160 13224148 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 ("UBTI"), 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 THESE FINANCIAL STATEMENTS. THE CENTER FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: ADJUSTMENT FOR UNREALIZED GAIN ON INVESTMENT IN OSAL -72,357. ADJUSTMENT FOR UNREALIZED GAIN ON SWAP 69,083. X X 0 0 0 0 0 0 0 0 0 JULIE H RICHARD EXECUTIVE DIRECTOR 151441 0 0 0 0 0 0 0 6444 0 157885 0 0 0 DEBORAH YASICK SHIFT SUPERVISOR 142167 0 0 0 0 0 0 0 8869 0 151036 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 951001 5340000 121574 1916909 2012 0 1 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 2 TIMOTHY REINER, BOARD MEMBER, AND DIANNE BOURGET, DIRECTOR OF FINANCE, ARE BROTHER AND SISTER. FORM 990, PART VI, SECTION A, LINE 4 THE CENTER REVISED ITS BY-LAWS EFFECTIVE AUGUST 27, 2018. FORM 990, PART VI, SECTION B, LINE 11B THE 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 CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,279,075. MANAGEMENT AND GENERAL EXPENSES 96,176. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,375,251. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR LOSS IN EQUITY ON INVESTMENT IN OSAL -72,357. CHANGE IN FAIR VALUE OF SWAP CONTRACT 69,083. FORM 990, PART XII, LINE 2(C): THE AUDIT 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 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 THE STEERE HOUSE FOUNDATION C 173928 ACTUAL AMOUNT RECEIVED THE STEERE HOUSE FOUNDATION Q 126168 ACTUAL AMOUNT RECEIVED THE STEERE HOUSE FOUNDATION R 247510 ACTUAL AMOUNT TRANSFERRED THE STEERE HOUSE FOUNDATION S 340525 ACTUAL AMOUNT RECEIVED