2014-05-06T07:40:17-05:00 2013-07-31 650437100 BOBBITT PITTENGER & COMPANY PA 1605 MAIN STREET SUITE 1010 SARASOTA FL 34236 990 2012-08-01 592988752 PINES OF SARASOTA FOUNDATION INC PINE 9419556293 1501 N ORANGE AVENUE SARASOTA FL 34236 ESTELLE CRAWFORD 9419556293 2014-05-06 1 KIMBALL R BOBBITT P00366902 9413664450 2014-04-28 2012 2015-11-30 17:44:51Z ESTELLE CRAWFORD 1501 N ORANGE AVENUE SARASOTA FL 34236 1253170 0 X WWW.PINESOFSARASOTA.ORG X 1989 FL SEE SCHEDULE O. 12 12 4 1 0 0 1330395 955577 0 0 168172 279951 140757 0 1639324 1235528 1597328 642905 0 0 338579 254768 95160 95940 199302 215982 188494 2247049 1182107 -607725 53421 6856717 7250522 22816 84259 6833901 7166263 SEE PART I, LINE 1 0 0 137835 137835 SUPPORTING THE COMFORT, SAFETY AND CARE OF OUR RESIDENTS. COMMUNITY SUPPORT HAS ENABLED US TO UNDERWRITE NUMEROUS ESSENTIAL CAMPUS AND BUILDING IMPROVEMENTS INCLUDING HURRICANE HARDENING, PURCHASE AND INSTALLATION OF NEW ROOFS AND REPLACEMENT OF THE ESSENTIAL COMPONENTS OF THE ONLY ELEVATOR IN OUR ASSISTED LIVING FACILITY. ONE OF THE UNIQUE INITIATIVES PROVIDED BY PINES IS PRESCHOOL CHILDCARE SERVICES, BOTH FOR STAFF AND THE COMMUNITY. REFURBISHING OUR INFANT TODDLER CHILDCARE BUILDING AND PURCHASING NEW PLAYGROUND EQUIPMENT WAS ESSENTIAL BOTH FOR THE CHIILDREN AND BENEFICIAL TO THE RESIDENTS WHO BENEFIT FROM THE MANY INTERGENERATIONAL CHILDCARE ACTIVITIES OFFERED AT PINES. 505070 505070 SUPPORTING THE PURCHASE AND DEVELOPMENT OF LAND. SARASOTA COUNTY IS THE OLDEST COUNTY IN THE COUNTRY BY THE AGE OF OUR POPULATION, COMPARED WITH OTHER COUNTIES WITH A POPULATION GREATER THAN 250,000. INDEED 32% OF OUR POPULATION IS OVER 65, COMPARED WITH FLORIDA'S 17% AND THE U.S. WITH 13%. PINES IS THE LARGEST PROVIDER OF LONG TERM CARE FOR LOW INCOME PEOPLE IN OUR REGION. PINES HAS EXPANDED FROM 17 TO 25 ACRES WITH THE PURCHASE OF THE ADJOINING LAND AND IS NOW EXPLORING INITIATIVES TO ADDRESS OUR EVER GROWING SENIOR POPULATION. DONATIONS HAVE ENABLED US TO UNDERWRITE THE PRINCIPAL ON THE MORTGAGE PAYMENT THIS YEAR AS WELL AS ADDITIONAL COSTS PERTAINING TO THE CLEARING OF THE LAND. 642905 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 5 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X X ESTELLE CRAWFORD 9419556293 1501 N ORANGE AVENUE SARASOTA FL 34236 MICHAEL R PENDER JR 1.00 X X 0 0 0 SEAN MCHALE 0.50 X X 0 0 0 GLORIA MOSS 0.50 X 0 0 0 RICHARD R GANS 0.50 X 0 0 0 L THOMAS BAKER 0.50 X X 0 0 0 BERRYMAN T LONGINO 0.50 X 0 0 0 KARIN A GRABLIN 0.50 X 0 0 0 STEWART BITTERMAN 0.50 X 0 0 0 KIMBERLY BALD 0.50 X 0 0 0 MARJORIE A PETER 0.50 X 0 0 0 EDMUND W MORTON III 0.50 X 0 0 0 JAMES RUTLEDGE 0.50 X 0 0 0 TANA SANDEFUR 0.50 X 0 0 0 SUE JACOBSON 0.50 X 0 0 0 RON ROYAL 0.50 X 0 0 0 JOHN OVERTON 0.50 X 0 0 0 ESTELLE CRAWFORD 50.00 X 0 105961 0 0 105961 0 0 0 0 0 0 119327 836250 955577 155414 155414 124537 0 124537 124537 124537 17642 119327 17642 0 1235528 0 0 279951 642905 642905 254768 161568 93200 29000 29000 95940 95940 58937 58937 3725 3725 32507 30636 1871 14858 13972 886 1945 1945 5408 5408 5045 5045 BAD DEBT 20374 20374 MEETINGS 6739 6739 EVENT EXPENSE 5905 5905 TRAINING & DEVELOPMENT 2175 675 1500 1876 1876 1182107 642905 339900 199302 107855 185068 186870 200252 1178275 1146981 65586 31186 4200 34400 5379517 5679821 4000 6856717 7250522 22816 84259 22816 84259 X 4771305 5216614 1346407 1212258 716189 737391 6833901 7166263 6856717 7250522 X 53421 223369 55572 X X 0 1 X 1 0 X X 0 0 0 PINES OF SARASOTA 590700567 501(C)(3) 1 1 1 642905 1 642905 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2112596 500677 55572 648822 20374 1999649 1920475 1090309 -3293 885895 9000 2112596 1355752 1474017 3168 881492 30970 1920475 1256808 658355 51119 675689 1290593 1405182 326149 22567 497090 1256808 0.02500 0.36880 0.60620 0 0 65586 31186 34400 34400 X 1548635 223369 16524 73214 313107 1235528 0 1235528 1216273 16524 17642 34166 1182107 0 1182107 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE ORGANIZATION INTENDS TO USE ITS ENDOWMENT FUNDS TO PURSUE ITS STATED MISSION, SUPPORT OF PINES OF SARASOTA IN PERPETUITY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, WITH NO CUMULATIVE EFFECT ADJUSTMENT REQUIRED. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ORGANIZATION HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE. THE ORGANIZATION BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE AFFECT ON THE ORGANIZATION'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. ACCORDINGLY, THE ORGANIZATION HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS AT JULY 31, 2013 AND 2012. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE FOUNDATION'S INFORMATION RETURNS FOR 2010 AND LATER YEARS REMAIN OPEN TO INSPECTION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 55,572. FUNDRAISING EXPENSES 17,642. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 17,642. X X X X X X X 1 MARLENE RESNICK 777 JOHN RINGLING BLVD H34 SARASOTA FL 34236 GRANT WRITER 0 305753 95940 209813 305753 95940 209813 FL WIT & WISDOM LUNCHEON 123569 108459 15110 10552 4558 MOM/DAD/GRANDPARENTS DAY 13400 10868 2532 2532 136969 119327 17642 10552 7090 17642 0 1 PINES OF SARASOTA INC 1501 N ORANGE AVENUE SARASOTA FL 34236 590700567 501(C)(3) 642905 FUNDS TO PROVIDE SUPPORT TO PINES OF SARASOTA, INC. PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE PINES FOUNDATION REPORTS TO THE GRANTORS HOW AND WHEN THEIR GRANTS WERE USED. THE PINES RECEIVES COPIES OF INVOICES DOCUMENTING THE EXPENDITURE OF GRANT FUNDS. ORGANIZATION MISSION STATEMENT FORM 990, PART I, LINE 1 THE MISSION OF PINES OF SARASOTA FOUNDATION IS TO SUPPORT THE CAPITAL, PROGRAMMATIC AND ENDOWMENT NEEDS OF PINES OF SARASOTA, A SENIOR CARE CAMPUS PROVIDING ASSISTED LIVING, SKILLED NURSING, IN AND OUTPATIENT REHABILITATION AND ALZHEIMER/DEMENTIA CARE. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS SENT TO THE EXECUTIVE COMMITTEE OF THE PINES OF SARASOTA FOUNDATION. UPON REVIEW AND APPROVAL, THE TREASURER NOTIFIES THE FULL BOARD OF DIRECTORS THAT THE EXECUTIVE COMMITTEE HAS REVIEWED AND APPROVED THE CONTENTS. AN ELECTRONIC OR HARD COPY OF THE APPROVED 990 DRAFT IS ALSO SENT TO THE FULL BOARD WITH A REQUEST TO REVIEW, SUGGEST EDITS, SUBMIT QUESTIONS OR COMMENTS OR RECOMMEND FOR FILING AS IS. UPON RECEIVING A CONSENSUS, THE 990 IS SUBMITTED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT THE FIRST BOARD MEETING OF THE YEAR. EACH BOARD MEMBER RECEIVES THEIR RESPECTIVE SIGNED FORM, ALONG WITH AN ATTACHED SHEET INDICATING THAT THEY UNDERSTAND AND REMAIN IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ANY BOARD MEMBER, NEW TO THE ORGANIZATION WHO HAS INADVERTENTLY NOT YET RECEIVED OR REVIEWED SAID POLICY IS GIVEN A NEW ONE. THE CHAIRMAN OR BOARD PRESIDENT REVIEWS THE POLICY, RESPONDS TO ANY QUESTIONS AND, THEN IF ALL TRUSTEES AGREE THAY ARE IN COMPLIANCE, THEY ARE ASKED TO SIGN AND DATE A COVER SHEET INDICATING THEY HAVE REVIEWED AND IN GOOD FAITH AGREE THEY REMAIN IN COMPLIANCE. SHOULD THERE BE A SITUATION WHERE A BOARD MEMBER IS NO LONGER IN COMPLIANCE, A MEMBER OF THE EXECUTIVE COMITTEE WILL MEET INDIVIDUALLY WITH THE TRUSTEE TO DISCUSS AND RESOLVE THE ISSUE. BOARD MEMBERS MUST BE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IN ORDER TO REMAIN IN GOOD STANDING. FORM 990, PART VI, SECTION B, LINE 15A THERE IS A PROCESS BY WHICH THE COMPENSATION OF THE PRESIDENT, THE FOUNDATION'S TOP PAID MANAGEMENT OFFICIAL, IS REVIEWED AND DETERMINED. THE CHAIRMAN OF THE FOUNDATION FORMS A SMALL TASK FORCE TO BOTH EVALUATE THE PRESIDENT AND RECOMMEND COMPENSATION. THE PROCESS INCLUDES REVIEW OF THE CURRENT COMPENSATION STATISTICS GATHERED FROM LOCAL 990'S OF ORGANIZATIONS OF SIMILAR SIZE OPERATING BUDGETS. FORM 990, PART VI, SECTION C, LINE 19 THE ORANIZATION'S WEBSITE AND NEWSLETTERS INCLUDE A STATEMENT INDICATING THAT ITS GOVERNING DOCUMENTS, INCLUDING CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS 55,572. AUDIT COMMITTEE OVERSIGHT FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PINES OF SARASOTA 1501 N ORANGE AVE SARASOTA FL 34236 590700567 OPERATE AND MAINTAIN SKILLED NURSING AND ASSISTED LIVING FACILITY FL 501(C)(3) LINE 7 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0