2015-04-23T10:42:11-05:00 2014-06-30 420714325 MCGLADREY LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2013-07-01 520591664 BLIND INDUSTRIES & SERVICES OF MARYLAND BLIN 4107372600 3345 WASHINGTON BLVD BALTIMORE MD 21227 HOLLY BETH STANLEY CHIEF ACCOUNTING OFFICER 4107372600 2015-04-23 1 JULIA FLANNERY CPA P00928918 4102469300 2013 2016-02-25 16:41:14Z FREDERICK PUENTE 3345 WASHINGTON BLVD BALTIMORE MD 21227 77085457 0 X WWW.BISM.ORG X 1908 MD SEE SCHEDULE O. 10 10 399 8 0 0 956152 770905 196126 390396 512983 180785 9679562 8118540 11344823 9460626 0 0 0 0 5239958 5376040 0 0 45526 4845111 4691684 10085069 10067724 1259754 -607098 37518118 42916316 19336758 24252868 18181360 18663448 X TO PROVIDE STABLE CAREER OPPORTUNITIES, INNOVATIVE REHABILITATION PROGRAMS, QUALITY PRODUCTS AND SERVICES, AND TO DEVELOP RESOURCES FOR TRAINING AND EDUCATION. 0 0 4177362 8156289 INDUSTRIES DIVISION, OFFICE STORES, CUTTING & SEWING DIVISIONS, AND VENDING PROVIDING EMPLOYMENT AND VOCATIONAL TRAINING TO APPROXIMATELY 230 ADULT BLIND AND SEVERELY MULTIPLE DISABLED BLIND OF MARYLAND. 1681304 390396 PROGRAM FOR REHABILITATION, SOCIAL SERVICES AND VOCATIONAL TRAINING FOR THE ADULT BLIND AND SEVERELY MULTIPLE DISABLED OF MARYLAND. PROVIDED TRAINING TO APPROXIMATELY 1512 BLIND INDIVIDUALS THROUGH VARIOUS PROGRAMS AND PROVIDED AIDS & APPLIANCES TO APPROXIMATELY 177 BLIND INDIVIDUALS.BISM CONTINUES TO MOVE TOWARDS OUR GOAL OF PROVIDING SERVICES TO PEOPLE OF ALL AGES WHO ARE BLIND OR VISUALLY IMPAIRED BY OFFERING THE FOLLOWING PROGRAMS: YOUTH SERVICESBISM OFFERS TWO RESIDENTIAL PROGRAMS FOR BLIND YOUTHS. THE "WORK FOR INDEPENDENCE" PROGRAM FOR HIGH SCHOOL STUDENTS AND "INDEPENDENCE 101" FOR MIDDLE SCHOOL AGED CHILDREN. THESE PROGRAM PARTICIPANTS ATTEND DAILY CLASSES REGARDING BLINDNESS, ASSISTIVE TECHNOLOGY, BRAILLE, CANE TRAVEL, AND INDEPENDENT LIVING. ALL OF THIS OCCURS WHILE LIVING IN AN APARTMENT WITH BLIND ADULT ROLE-MODELS. THE FINAL COMPONENT OF THIS PROGRAM IS A WORK EXPERIENCE FOR THE OLDER STUDENTS.BISM ALSO HAS A MENTORING PROGRAM WHICH PLACES BLIND HIGH SCHOOL AND COLLEGE AGE STUDENTS WITH SUCCESSFUL BLIND ADULT MENTORS. CORE PROGRAM BISM'S COMPREHENSIVE ORIENTATION, REHABILITATION, AND EMPOWERMENT (CORE) PROGRAM TEACHES BLIND AND VISUALLY IMPAIRED ADULTS THE SKILLS OF BLINDNESS SO THEY CAN BECOME EMPLOYED, PURSUE POST-SECONDARY EDUCATION, AND REGAIN CONTROL OF THEIR LIVES. CONFIDENCE BUILDING IS AN ESSENTIAL ELEMENT OF THE PROGRAM AND IS REINFORCED WITH EACH ACCOMPLISHMENT. CORE STUDENTS ARE TAUGHT BY BLIND INSTRUCTORS AND LEARN NON-VISUAL METHODS IN A CLASSROOM SETTING. THE CURRICULUM INCLUDES BRAILLE, LONG WHITE CANE TRAVEL, INDEPENDENT LIVING, AND ASSISTIVE COMPUTER TECHNOLOGY, ADJUSTMENT TO BLINDNESS SEMINARS, PHYSICAL FITNESS, WOODSHOP, AND OFF-SITE TRAINING. THE CORE PROGRAM GENERALLY REQUIRES SEVEN TO TEN MONTHS TO COMPLETE.CORE IS A RESIDENTIAL PROGRAM AND WE CONSIDER RESIDENTIAL LIVING THE ESSENTIAL COMPONENT DESIGNED TO INTEGRATE SKILLS DEVELOPED THROUGHOUT TRAINING. STUDENTS LIVE IN APARTMENTS IN AN URBAN SETTING AND ARE RESPONSIBLE FOR SHOPPING, MEAL PREPARATION, CLEANING, AND MONEY MANAGEMENT. STUDENTS ALSO ORGANIZE AND PARTICIPATE IN COMMUNITY OUTREACH, BISM FUNDRAISERS, AND GROUP ACTIVITIES. THROUGH UTILIZATION OF CLASSROOM TAUGHT BLINDNESS SKILLS OUTSIDE OF THE REHABILITATION BUBBLE, OUR STUDENTS LEARN NOT ONLY INDEPENDENCE SKILLS BUT WHAT IT TAKES TO BECOME SUCCESSFUL PROFESSIONALLY AND PERSONALLY.SENIOR PROGRAM BISM'S SENIOR SERVICES OFFERS LIFE SKILLS TRAINING, SUPPORT GROUPS, RESOURCE MATERIALS, HOME INSTRUCTION, ADAPTED DEVICE DEMONSTRATIONS AND COMMUNITY OUTINGS FOR BLIND AND LOW VISION SENIORS. THE GOAL OF ALL BISM SENIOR SERVICES PROGRAMS IS TO EMPOWER BLIND AND LOW VISION SENIOR CITIZENS WITH THE SKILLS AND CONFIDENCE NECESSARY TO LIVE AN INDEPENDENT, FULFILLING LIFE.THE SENIORS ACHIEVING INDEPENDENT LIVING (SAIL) PROGRAM'S CURRICULUM INCLUDES CLASSES IN BRAILLE, CANE TRAVEL, INDEPENDENT HOME LIVING, ASSISTIVE COMPUTER TECHNOLOGY, ADJUSTMENT TO BLINDNESS SEMINARS, GARDENING AND LEISURE ACTIVITIES. WITH THE SKILLS ACQUIRED AT BISM, SENIOR PARTICIPANTS BECOME BETTER EQUIPPED TO MANAGE THEIR DAILY NEEDS, REMAIN IN THEIR OWN HOMES, RESUME SOCIAL ACTIVITIES, INCREASE THEIR QUALITY OF LIFE AND AVOID UNNECESSARY PLACEMENT IN COSTLY ASSISTED LIVING FACILITIES. 5858666 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 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 0 0 0 1 0 0 0 1 57 0 1 399 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X X HOLLY BETH STANLEY CPA 4107372600 3345 WASHINGTON BLVD BALTIMORE MD 21227 DONALD J MORRIS CHAIRMAN 2.00 X X 750 0 0 WILLIAM E HADLOCK SECRETARY 2.00 X X 400 0 0 GEORGE H LITTRELL TRUSTEE 2.00 X 650 0 0 WALTER A BROWN VICE CHAIRMAN 2.00 X X 500 0 0 MICHAEL L GOSSE ASST TREASURER 2.00 X X 0 0 0 JAMES R BERENS TREASURER 2.00 X X 0 0 0 JERRY L MOSCHEL TRUSTEE 2.00 X 0 0 0 MARTHA E SEABROOKS TRUSTEE 2.00 X 500 0 0 PETER L GEHLBACH TRUSTEE 2.00 X 650 0 0 CAROLYN HESS JOHNSON TRUSTEE 2.00 X 500 0 0 FREDERICK PUENTE CEO 40.00 X 499526 0 39749 HOLLY BETH STANLEY CHIEF ACCOUTNING OFFICER 40.00 X 124574 0 20354 KENNETH BARNETT DIR. OF BSCD 40.00 X 201973 0 17452 JACK GRIZZEL COO 40.00 X 184591 0 34846 GREGG KALIFUT DIRECTOR OF SALES/MARKETING 40.00 X 186105 0 24881 CHARLES COLLIER JR SALES MANAGER 40.00 X 195528 0 36639 GUIDO DEROSSI SR. DIRECTOR 40.00 X 140902 0 38401 1537149 0 212322 7 0 1 0 SUNTRUST MERCHANT SERVICES PO BOX 6600 HAGERSTOWN MD 21741 CREDIT CARD PROCESSING FEES 639593 SHOREGOOD WATER COMPANY 101 FRANK M ADAMS INDUSTRIAL WAY FEDERALSBURG MD 21632 WATER PRODUCTION 338851 SUNTECK TRANSPORT COMPANY 6413 CONGRESS AVENUE SUITE 260 BOCA RATON FL 33487 FREIGHT 209690 LECTRA SYSTEMS INC PO BOX 198501 ATLANTA GA 30384 EQUIPMENT MAINTENANCE 182926 UNITED PARCEL SERVICE PO BOX 7247-0244 PHILADELPHIA PA 19170 PACKAGE DELIVERY/FREIGHT 117117 5 121545 581115 68245 770905 REHABILITATION FEES 624310 387515 387515 AIDS & APPLIANCE REVEN 900099 2468 2468 AWARDS 900099 413 413 390396 151860 151860 282006 26500 262090 17491 19916 9009 28925 28925 48821 121545 88705 -39884 -39884 2135 0 2135 2135 75412834 67256545 8156289 8156289 9460626 8546685 0 143036 1536826 601599 934788 439 2736504 1052224 1654002 30278 161475 64507 96198 770 587799 286600 296951 4248 353436 194778 153837 4821 13600 13600 56982 56982 36447 36447 78120 78120 31847 31847 203942 196027 5970 1945 135471 41679 91781 2011 137504 130792 6577 135 93734 33709 59146 879 112224 31601 80623 243181 243181 989906 428263 561643 119872 96658 23214 REHABILITATION COSTS 1619523 1619523 CREDIT CARD FEES 655760 655760 LETTER OF CREDIT FEES 102971 102971 VEHICLE REPAIRS & FUEL 60600 46947 13653 10067724 5858666 4163532 45526 6600 182851 7292864 5341815 6069752 5710158 143818 322522 34453599 14056736 14193368 20396863 9811716 10962107 37518118 42916316 7277642 7853163 6600000 6200000 4992689 9761469 466427 438236 19336758 24252868 X 18154360 18636448 27000 27000 18181360 18663448 37518118 42916316 X -607098 1060995 28191 X 0 1 X 1 0 X 902365 730508 750161 956152 770905 4110091 902365 730508 750161 956152 770905 4110091 4110091 103205 100861 125376 133779 151860 615081 26222 3606 48283 53392 48821 180324 4905496 416078842 0.83790 0.82890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 36447 36447 10031277 10067724 653386 163347 0 0 531673 664654 654253 653386 2503966 3755949 33461 33400 33840 36447 137148 132918 166164 163563 163347 625992 938988 33461 33400 33840 36447 137148 FORM 990, SCHEDULE C, PART II-A, LINE 1A BLIND INDUSTRIES AND SERVICES OF MARYLAND WORKS TO EDUCATE THE LEGISLATIVE REPRESENTATIVES IN ANNAPOLIS, MARYLAND OF OUR PROCUREMENT PREFERENCE THAT WE HOLD WITHIN THE STATE. WE DO THIS THROUGH MEETINGS BOTH IN PERSON AND ON THE PHONE. BISM WORKS WITH A PROFESSIONAL LAW FIRM TO PROTECT OUR PROCUREMENT PREFERENCE AS IT OFTEN COMES UNDER ATTACK FROM OTHER PRIVATE AND PUBLIC ENTITIES AND CONSUMER GROUPS. 3280098 3280098 21330003 6025606 15304397 9239411 7464822 1774589 604087 566308 37779 20396863 INTEREST RATE SWAP 438236 438236 X 77806357 1060995 67284736 68345731 9460626 0 9460626 77324269 67256545 67256545 10067724 0 10067724 PART X, LINE 2: BISM HAS ADOPTED THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THIS POLICY, BISM MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WOULD BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. MANAGEMENT HAS EVALUATED BISM'S TAX POSITIONS AND HAS CONCLUDED THAT BISM HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE FINANCIAL STATEMENTS. BISM IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDING BEFORE JUNE 30, 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS 67,256,545. INTEREST RATE SWAP 28,191. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS 67,256,545. GOLF TOURNAMENT 138250 111850 26400 700 11579 700 31179 22900 5736 BISM RUN 20659 7500 13159 12823 3 11457 2195 9262 3088 170366 121545 48821 700 11579 700 31179 22900 21647 88705 -39884 X X X 0 0 0 1 0 0 0 0 0 FREDERICK PUENTE CEO 250000 0 248914 0 612 0 23000 0 16749 0 539275 0 0 0 KENNETH BARNETT DIR. OF BSCD 201325 0 0 0 648 0 15600 0 1852 0 219425 0 0 0 JACK GRIZZEL COO 183928 0 0 0 663 0 23000 0 11846 0 219437 0 0 0 GREGG KALIFUT DIRECTOR OF SALES/MARKETING 185394 0 0 0 711 0 22950 0 1931 0 210986 0 0 0 CHARLES COLLIER JR SALES MANAGER 194829 0 0 0 699 0 23000 0 13639 0 232167 0 0 0 GUIDO DEROSSI SR. DIRECTOR 140329 0 0 0 573 0 22234 0 16167 0 179303 0 0 0 PART I, LINE 5 SEVERAL EMPLOYEES LISTED IN PART VII RECEIVE A COMMISSION BASED ON A % OF EXEMPT FUNCTION SALES. A MARYLAND ECONOMIC DEVELOPMENT CORPORATION 521376562 5742ONAQ4 2004-10-01 10000000 ACQUISITION AND RENOVATION OF FACILITIES 0 1 0 A 3800000 10000000 260340 9739660 2005 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 1 1 1 BANK OF AMERICA 23.500000000000 0 0 0 0 0 A 0 FORM 990, SCHEDULE K, PART IV, LINE 2C BOND COUNCIL DETERMINED IN 2011 THAT NO FURTHER REBATE CALCULATIONS WERE NECESSARY. FORM 990, PART I, LINE 1 REHABILITATION, TRAINING, AND EMPLOYMENT OF BLIND AND LOW VISION INDIVIDUALS. WE POSITIVELY CHANGE PEOPLE'S ATTITUDES TOWARD BLINDNESS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE PRESIDENT, SENIOR DIRECTOR, CHIEF ACCOUNTING OFFICER AND THE CONTROLLER BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. IT IS ALSO REVIEWED BY THE TREASURER OF THE BOARD OF TRUSTEES AND MADE AVAILABLE TO THE REST OF THE BOARD OF TRUSTEES TO COMMENT UPON, IF THEY CHOSE TO DO SO, BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. IT IS ALSO DISCUSSED AT THE NEXT MEETING OF THE BOARD OF TRUSTEES, WHERE ANY CONCERNS/ QUESTIONS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 12C WE REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY BY REQUIRING THE FOLLOWING: EACH NEW PERSON SERVING AS AN OFFICER, ASSOCIATE OR MEMBER OF THE BOARD OF TRUSTEES SHALL BE REQUIRED TO REVIEW A COPY OF OUR POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. EACH PERSON SERVING AS AN OFFICER, ASSOCIATE OR MEMBER OF THE BOARD OF TRUSTEES (RESPONSIBLE PERSON) SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO BISM. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE PRESIDENT, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF OUR POLICY. OUR POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF TRUSTEES. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS. FORM 990, PART VI, SECTION B, LINE 15A THE SENIOR DIRECTOR PROVIDES THE BOARD OF TRUSTEES WITH A COMPILATION OF SALARIES FOR THE POSITION OF PRESIDENT IN AGENCIES FOR THE BLIND THAT ARE COMPARABLE TO OUR AGENCY AS WELL AS A SALARY SURVEY OF NOT-FOR-PROFIT ORGANIZATIONS. THE BOARD OF TRUSTEES REVIEWS INFORMATION REGARDING COMPENSATION LEVELS FOR THE PRESIDENT'S PEERS, THEY TARGET A RANGE OF COMPENSATION THAT IS APPLIED TO THE PRESIDENT BASED ON THE SCOPE OF HIS JOB, EXPERIENCE AND CAPABILITIES AND THEN LOOK AT HIS INDIVIDUAL PERFORMANCE FOR A GIVEN YEAR. ALL THESE ELEMENTS FACTOR INTO COMPENSATION FOR THAT YEAR. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENTS ARE AVAILABLE AT THE STATE OF MARYLAND DEPARTMENT OF ASSESSMENTS AND TAXATION WEBSITE. GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION DURING NORMAL BUSINESS HOURS AT OUR HEADQUARTERS OR CAN BE MAILED UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XI, LINE 9: GAIN ON INTEREST RATE SWAP 28,191. MARYLAND MANUFACTURING SERVICES INC 2240 NORTHWOOD DRIVE SALISBURY MD 21801 300002955 EMPLOYMENT & TRAINING TO ECONOMICALLY DISADVANTAGED & UNDEREMPLOYED PERSONS MD 501(C)(3) LINE 11C, III-FI N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 SCHEDULE R, PART II, RELATED ORGANIZATION MARYLAND MANUFACTURING SERVICES, INC. IS AN INDEPENDENT 501(C)(3) ORGANIZATION HAVING ITS OWN BOARD OF TRUSTEES AND ACTS INDEPENDENT OF BLIND INDUSTRIES & SERVICES OF MARYLAND.