2014-04-22T08:44:31-05:00 2013-12-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2013-01-01 300208798 VILLAGE ON THE ISLE FOUNDATION INC VILL 9414849753 920 TAMIAMI TRAIL SOUTH VENICE FL 34285 KATHLEEN WILSON TREASURER 9414849753 2014-04-21 1 AMY CHAPMAN P00843460 4078021200 2014-04-21 2013 2015-11-30 17:44:51Z KATHLEEN WILSON 920 TAMIAMI TRAIL SOUTH VENICE FL 34285 147620 0 X WWW.VILLAGEONTHEISLE.COM X 2003 FL TO SUPPORT SOUTHWEST FLORIDA RETIREMENT CENTER, INC. D/B/A VILLAGE ON THE ISLE, INC. 9 7 0 0 0 0 0 138726 0 0 0 8894 0 0 0 147620 0 0 0 0 0 0 0 0 0 0 2309 0 2309 0 145311 418228 552797 0 0 418228 552797 NONE 0 0 0 THE FOUNDATION IS TO SUPPORT VILLAGE ON THE ISLE (VOTI). DURING 2013, THE FOUNDATION MET THE ASSET OBJECTIVE DEFINED PREVIOUSLY. THE FOUNDATION BOARD OF TRUSTEES CAN RECOMMEND THE USE OF EARNED INCOME GENERATED FROM INVESTMENTS TO SUPPORT VOTI AS THEY DEEM NECESSARY. 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 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 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 7 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X KATHLEEN WILSON 9414849753 920 TAMIAMI TRAIL SOUTH VENICE FL 34285 REV DONALD HILLERICH PRESIDENT 2.00 48.00 X X 0 104878 5256 DR EARL ALTON VICE PRESIDENT 2.00 0.00 X X 0 0 0 KATHLEEN WILSON CFO/SECRETARY/TREASURER 2.00 48.00 X X 0 87323 22560 REV ERIC WOGEN DIRECTOR 2.00 2.00 X 0 0 0 GREG ROBERTS DIRECTOR 2.00 2.00 X 0 0 0 WILLIS SCHMIDT DIRECTOR 2.00 2.00 X 0 0 0 THOMAS KELLY CHEIF EXECUTIVE OFFICER 2.00 48.00 X X 0 390754 35374 BOB NOCHOLSON DIRECTOR 2.00 0.00 X 0 0 0 BILL DUNN DIRECTOR 2.00 2.00 X 0 0 0 0 582955 63190 0 0 1 0 0 138726 138726 8894 8894 147620 0 0 8894 2309 2309 2309 0 2309 0 42819 94540 203801 375409 254456 418228 552797 0 0 X 418228 552797 418228 552797 418228 552797 145311 -10742 0 X X 0 1 X 1 0 X X 0 0 0 SOUTHWEST FLORIDA RETIREMENT CENTER INC 591931148 9 1 1 1 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE VILLAGE OF THE ISLE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)3 OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(A) OF THE INTERNAL REVENUE CODE. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. MANAGEMENT IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE 2010, 2011, AND 2012 TAX RETURNS ARE OPEN TO EXAMINATION BY FEDERAL, LOCAL, AND STATE AUTHORITIES. X X X 0 1 0 0 0 0 0 0 0 THOMAS KELLY CHEIF EXECUTIVE OFFICER 0 222394 0 151648 0 16712 0 0 0 35374 0 426128 0 0 PART I, 4B THOMAS L. KELLY AND THE BOARD OF TRUSTEES ENTERED INTO AN EMPLOYEEMENT AGREEMENT THROUGH 12/31/2015 SETTING THE CEO'S COMPENSATION WHICH IS ADJUSTABLE EACH YEAR BASED ON THE CHAIRMAN OF THE BOARD'S PERFORMANCE EVALUATION SCALE RATING AS WELL AS THE POTENTIAL FOR BONUS(ES) BASED ON THE BOARD OF TRUSTEES EXECUTIVE SESSION'S VOTE. FORM 990, PART VI, SECTION A, LINE 7B AS A RELATED AGENCY OF THE FLORIDA-BAHAMAS SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA, THE FOUNDATION SHALL SECURE THE APPROVAL OF THE SYNOD COUNCIL OF THE FLORIDA-BAHAMAS SYNOD FOR ALL CHANGES IN ITS PRINCIPAL GOVERNING DOCUMENTS AND AMENDMENTS THERETO, OR ANY SUBSTANTIAL CHANGES IN PROGRAM OR PROPERTY, AND THE GENERAL PLANS FOR FINANCING THE AGENCY. FORM 990, PART VI, SECTION B, LINE 11 THE TREASURER PERFROMS A DETAILED REVIEW OF THE FORM 990, AFTER WHICH IT IS PROVIDED TO MEMBERS OF THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING THE FINAL VERSION WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND EMPLOYEES. NEW BOARD MEMBERS COMPELTE AND SUBMIT A SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENT AT OREINTATION. ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SUBMIT A SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. THESE STATEMENTS ARE REVIEWED BY THE BOARD PRESIDENT AND CHIEF EXECUTIVE OFFICER. ANY BOARD MEMBER HAVING A POSSIBLE OR ACTUAL CONFLICT OF INTEREST IS PROHIBITED FROM VOTING OR USING HIS/HER PERSONAL INFLUENCE ON THE MATTER, AND SHOULD NOT BE COUNTED AS PART OF A QUORUM FOR THE MEETING. THE SAME PROCESS APPLIES TO KEY EMPLOYEES OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE, WHICH IS INDEPENDENT WITH RESPECT TO ALL COMPENSATION DECISIONS, EVALUATES THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER. THE BOARD APPROVED THE CEO'S FIVE YEAR CONTRACT WHICH STIPULATED POTENTIAL WAGE GROWTH AND BONUS/INCENTIVE POTENTIALS. THE CEO PERFORMS ANNUAL EVALUATIONS OF OTHER TOP MANAGEMENT OFFCIALS AND RECEIVES APPROVAL FROM THE BOARD PRESIDENT FOR ADJUSTMENTS. THE ORGANIZATION UTILIZES COMPARABILITY SURVEYS AND/OR OTHER WAGE RESEARCH, CONDUCTED BY THE HUMAN RESOURCES DIRECTOR, TO AID IN DETERMINING THE COMPENSATION OF TOP MANAGEMENT OFFICIALS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AND PHOTOCOPYING IN ITS FINANCE DEPARTMENT. FINANCIAL STATEMENTS ARE ALSO POSTED IN THE LOBBIES OF ALL RESIDENT BUILDINGS ON A MONTHLY BASIS AND PROVIDED TO NEW RESIDENTS AT CONTRACT SIGNING. THE FINANCIAL STATEMENTS ARE ALSO POSTED ON ELECTRONIC MUNICIPAL MARKET ACCESS (EMMA) WEBSITE. PART XII, LINE 2C THE TREASURER PERFORMS A DETAILED REVIEW OF THE FORM 990, AFTER WHICH IT IS PROVIDED TO MEMBERS OF THE BOARD FOR REVIEW AND APPROVAL PRIOR TO FILING THE FINAL VERSION WITH THE IRS. FORM 990, PART VII, SECTION A TIME DEVOTED TO SOUTHWEST FLORIDA RETIREMENT CENTER, INC. - EIN# 59 - 1931148: NAME TITLE HRS/WK DEVOTED THOMAS L. KELLY CHEIF EXECUTIVE OFFICER 48.00 KATHLEEN WILSON CHEIF FINANCIAL OFFICER 48.00 REV. DON HILLERICH CHAPLAIN 48.00 WILLIS SCHMIDT PRESIDENT 2.00 DR. EARL ALTON VICE PRESIDENT 2.00 REV. ERIC WOGEN DIRECTOR 2.00 GREG ROBERTS DIRECTOR 2.00 BILL DUNN DIRECTOR 2.00 SOUTHWEST FLORIDA RETIREMENT CENTER INC DBA VILLAGE ON THE ISLE INC 920 TAMIAMI TRAIL SOUTH VENICE FL 34285 591931148 PROVIDE HOUSING, HEALTHCARE AND RELATED SERVICES TO THE ELDERLY FL 501(C)(3) LINE 9 NO 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0