2013-09-06T12:57:10-05:00 2012-12-31 453994797 LGC&D LLP TEN WEYBOSSET STREET - SUITE 700 PROVIDENCE RI 02903 990 2012-01-01 050510787 OCEAN STATE ASSISTED LIVING OCEA 4018849099 5 SAINT ELIZABETH WAY EAST GREENWICH RI 02818 J CHRIS WOULFE 4018849099 2013-09-03 1 LYNN O'MARRA ESQUIRE P00821716 4014214800 2012 2016-02-24 21:20:13Z THE SEASONS EAST GREENWICH J CHRIS WOULFE 5 SAINT ELIZABETH WAY EAST GREENWICH RI 02818 5244132 0 X THESEASONS.ORG X 2000 RI ASSISTED LIVING COMMUNITY AND DEMENTIA CARE RESIDENCES. 9 8 134 33 0 0 10249 3288 4937542 5129102 30610 55663 49164 36332 5027565 5224385 0 0 0 0 2699060 2920883 0 0 0 2468252 2393898 5167312 5314781 -139747 -90396 11006659 10658607 11491827 11248083 -485168 -589476 THE MISSION OF THE ORGANIZATION IS TO PROVIDE A BALANCE OF COMMUNITY, WELLNESS AND ASSISTED LIVING SERVICES TO INDEPENDENT AND MEMORY IMPAIRED RESIDENTS WHILE PROMOTING RESIDENT QUALITY OF LIFE, DIGNITY AND MAXIMUM INDEPENDENCE. 0 0 5182806 5129102 PROVIDING QUALITY CARE WITH 64 TRADITIONAL ASSISTED LIVING APARTMENTS AND 20 DEMENTIA CARE RESIDENCES. 5182806 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 18 0 1 134 1 0 0 0 0 0 0 0 0 0 0 X 9 8 0 1 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 1 0 0 X J CHRIS WOULFE EXECUTIVE DIRECTOR 4018849099 5 SAINT ELIZABETH WAY EAST GREENWICH RI 02818 JULIE RICHARD 1.00 X X 0 0 0 STANLEY LARSON 1.00 X X 0 0 0 DAVID DONNELLY SR 1.00 X X 0 0 0 RODERICK A J CAVANAGH 1.00 X X 0 0 0 CHARLES AHLGREN 1.00 X 0 0 0 CRAIG BUTZBACH 1.00 X 0 0 0 JOEL JOHNSON 1.00 X 0 0 0 DIANE STEERE NOBLES 1.00 X 0 0 0 NICOLE PLANTE 1.00 X 0 0 0 J CHRIS WOULFE 10.00 X 0 0 0 ROSANN MANECA 10.00 X 22278 0 0 22278 0 0 0 0 0 0 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA GA 30368 FOOD MANAGEMENT 591480 1 3288 3288 TENANT RENTS 623000 5129102 5129102 5129102 55663 55663 56079 19747 36332 36332 5224385 5129102 0 91995 X 22278 22278 2340352 2340352 21311 21311 307160 307160 229782 229782 60000 60000 5176 5176 27377 27377 8988 8988 1002722 1002722 27709 27709 18966 18966 325920 325920 35451 24844 10607 11320 11320 163257 163257 515383 515383 120900 120900 ADMINISTRATIVE 50518 50518 FINANCING RELATED FEES 18349 18349 BAD DEBTS 1862 1862 5314781 5182806 131975 0 506309 888077 112710 27103 23427 40168 55512 12941067 4965639 8358758 7975428 1548593 1849862 143960 135359 11006659 10658607 391827 393083 11010000 10765000 90000 90000 11491827 11248083 X -485168 -589476 -485168 -589476 11006659 10658607 X -90396 66088 -80000 X X 0 1 X 1 0 X 27847 11968 41915 59413 39620 180763 4514625 4428152 4634313 4937542 5129102 23643734 1200 1200 4542472 4441320 4676228 4996955 5168722 23825697 0 0 0 23825697 17241 22843 14853 30610 55663 141210 17241 22843 14853 30610 55663 141210 4559713 4464163 4691081 5027565 5224385 23966907 0.99410 0.99530 0.00590 0.00470 X 12261788 4449291 7812497 28010 11731 16279 503879 417827 86052 147390 86790 60600 7975428 DEPOSITS 90000 90000 5281485 66088 66088 5215397 8988 8988 5224385 5305793 0 5305793 8988 8988 5314781 WINE TASTING 50264 50264 7713 600 11434 50264 50264 7713 600 11434 19747 30517 A RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP NONEAVAIL 2011-10-03 11010000 REFUND A PRIOR ISSUE; FACILITY CONSTRUCTION 0 0 0 A 11010000 101669 0 1 1 1 ELIZABETH DONNELLY SPOUSE OF TREASURER 18815 RECEIVED W-2 WAGES OF $18,815 FROM ORGANIZATION. 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS A MANAGEMENT CONTRACT WITH SCANDINAVIAN HOME, A TAX-EXEMPT ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 OCEAN STATE ASSISTED LIVING (OSAL) IS ORGANIZED AS A NON-STOCK, NON-PROFIT CORPORATION WITH 2 MEMBERS: STEERE HOUSE, INC. AND SCANDINAVIAN HOME, INC., BOTH OF WHICH ARE RHODE ISLAND NON-PROFIT CORPORATIONS. THE TWO MEMBERS HAVE THE RIGHT TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A OSAL IS GOVERNED BY A NINE-PERSON BOARD OF DIRECTORS, THREE OF WHOM ARE ELECTED BY THE BOARD OF DIRECTORS OF EACH OF THE CORPORATE MEMBERS, WITH THE BALANCE ELECTED BY THE BOARD MEMBERS OF OSAL. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION'S BY-LAWS INCLUDE A LIST OF DECISIONS THAT NEED TO BE APPROVED BY THE MEMBERS. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY ACTIVE COMMITTEES. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO ISSUANCE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND SENIOR MANAGERS OF THE ORGANIZATION ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE STATEMENTS IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. ANY POTENTIAL CONFLICTS OF INTEREST THAT MAY ARISE PERIODICALLY MUST BE DISCLOSED TO THE BOARD. TO ENSURE THAT THE ORGANIZATION OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15A THE ADMINISTRATOR'S COMPENSATION IS PART OF THE ORGANIZATION'S OVERALL BUDGET THAT IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THIS POSITION IS INCLUDED AS PART OF THE MANAGEMENT CONTRACT WITH SCANDINAVIAN HOME, BUT IS BILLED SEPARATELY FROM THE STANDARD MANAGEMENT FEE. ALL COMPENSATION FOR KEY EMPLOYEES IS APPROVED BY THE EXECUTIVE DIRECTOR AND INCLUDED IN THE OPERATING BUDGET THAT IS PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. 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 ORGANIZATION'S LOCATION. OTHER FEES FORM 990, PART IX, LINE 11G CONSULTING FEES: PROGRAM SERVICE EXPENSES 3,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,000. OTHER CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 999,722. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 999,722. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: DISTRIBUTIONS TO MEMBERS -80,000. AUDIT OVERSIGHT - FORM 990, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.