2023-10-18T13:44:29-05:00 2022-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2022-01-01 050518885 THE STEERE HOUSE FOUNDATION STEE 4014547970 100 BORDEN STREET PROVIDENCE RI 02903 JOSHUA SEGAL EXECUTIVE DIRECTOR 4014547970 2023-09-19 1 JOSHUA SEGAL 999009999 0 MICHAEL E CRISCIONE P01456801 4014214800 2023-09-19 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JOSHUA SEGAL 100 BORDEN STREET PROVIDENCE RI 02903 939758 0 X N/A X 2001 RI THE MISSION OF THE STEERE HOUSE FOUNDATION IS TO SERVE THE RESTORATIVE AND LONG-TERM CARE NEEDS OF ADULTS THROUGH STEERE HOUSE NURSING & REHABILITATION CENTER BY ENCOURAGING AND FACILITATING PHILANTHROPIC GENEROSITY. 5 5 0 0 0 0 40172 29719 0 0 409510 230763 0 0 449682 260482 369257 176275 0 0 0 0 0 0 36219 150692 99938 519949 276213 -70267 -15731 3363778 2495813 162486 30772 3201292 2465041 THE MISSION OF THE STEERE HOUSE FOUNDATION ("THE FOUNDATION") IS TO SERVE THE RESTORATIVE AND LONG-TERM CARE NEEDS OF ADULTS THROUGH STEERE HOUSE NURSING & REHABILITATION CENTER BY ENCOURAGING AND FACILITATING PHILANTHROPIC GENEROSITY. 0 0 204836 176275 PROVIDES SUPPORT AND MAINTENANCE OF STEERE HOUSE NURSING & REHABILITATION CENTER. 204836 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X JOSHUA SEGAL 4014547970 100 BORDEN STREET PROVIDENCE RI 02903 LINDA CANNISTRA BOARD PRESIDENT 0.50 2.50 X X 0 0 0 PAUL ASTPHAN BOARD VICE PRESIDENT 0.50 1.00 X X 0 0 0 NORMA J OWENS BOARD TREASURER 0.50 2.00 X X 0 0 0 DIANE STEERE NOBLES BOARD SECRETARY 0.50 1.00 X X 0 0 0 CAROL C MCMAHON BOARD MEMBER 0.50 0.50 X 0 0 0 JULIE RICHARD EXECUTIVE DIRECTOR THRU 6/2022 0.50 70.42 X 0 162686 8546 CHELSIE HIGGINS DIRECTOR OF FINANCE 0.50 40.15 X 0 112885 13593 JOSHUA SEGAL EXECUTIVE DIRECTOR EFF. 6/2022 0.50 39.50 X 0 114386 317 0 389957 22456 0 0 1 0 0 29719 29719 66637 66637 843402 679276 164126 164126 164126 260482 0 0 230763 176275 176275 12200 12200 16479 16479 25861 25861 2300 2300 492 492 3274 3274 ALLOCATED PAYROLL AND B 35459 35459 STRATEGIC PLANNING 2700 2700 OTHER EXPENSES 760 760 LICENSES & DUES 413 413 276213 204836 35158 36219 17224 17079 3229 4037 3343325 2474697 3363778 2495813 27650 23339 134836 7433 162486 30772 X 2142982 1574375 1058310 890666 3201292 2465041 3363778 2495813 -15731 -720520 0 X X 1 X 0 1 0 X X 1 STEERE HOUSE NURSING AND REHABILITATION CENTER 050258880 10 1 176275 0 1 176275 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 PART IV, SECTION C, LINE 1: IN ITS MISSION, THE FOUNDATION OPERATES EXCLUSIVELY TO SUPPORT STEERE HOUSE NURSING AND REHABILITATION CENTER. THE FOUNDATION AND STEERE HOUSE NURSING AND REHABILITATION CENTER SHARE A COMMON EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE. IN ADDITION, FIVE MEMBERS OF THE FOUNDATION BOARD ARE MEMBERS OF THE STEERE HOUSE NURSING AND REHABILITATION CENTER BOARD. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3343325 99 -506236 362491 2474697 3271404 603 475745 404427 3343325 3046257 841 397258 172952 3271404 2776004 31163 532036 292946 3046257 3246241 273597 -111254 632580 2776004 0.64009 0.35991 0.00000 0 0 0 DUE TO STEERE HOUSE NURSING & REHABILITATION CENTER 7433 7433 X PART V, LINE 4: THE FOUNDATION HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENT WHILE SEEKING TO MAINTAIN THE HISTORIC DOLLAR VALUE AND PURCHASING POWER OF ITS ENDOWMENT ASSETS OVER THE INVESTMENT HORIZON. PART X, LINE 2: THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY, THE FOUNDATION IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, THE FOUNDATION APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED THE FOUNDATION'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN ITS FINANCIAL STATEMENTS. THE FOUNDATION FILES A TAX RETURN IN THE U.S. FEDERAL JURISDICTION. 1 STEERE HOUSE NURSING & REHABILITATION CENTER 100 BORDEN STREET PROVIDENCE RI 02903 050258880 501(C)(3) 176275 0 BOOK SUPPORT OF OPERATIONS 1 0 0 0 0 0 0 0 0 0 0 JULIE RICHARD EXECUTIVE DIRECTOR THRU 6/2022 0 162686 0 0 0 0 0 725 0 7821 0 171232 0 0 PART I, LINE 3: THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY THE BOARD OF DIRECTORS OF STEERE HOUSE NURSING & REHABILITATION CENTER, A RELATED ENTITY, AS THE EXECUTIVE DIRECTOR IS EMPLOYED BY STEERE HOUSE NURSING & REHABILITATION CENTER. IN ADDITION, STEERE HOUSE NURSING & REHABILITATION CENTER AND THE EXECUTIVE DIRECTOR ENTERED INTO A WRITTEN EMPLOYMENT CONTRACT. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE TEAM OF STEERE HOUSE NURSING & REHABILITATION CENTER MET TO REVIEW THE DRAFT 990 PRIOR TO FILING AND RECOMMENDED APPROVAL TO THE MEMBERS OF THE BOARD. EACH BOARD MEMBER WAS PROVIDED WITH AN ELECTRONIC COPY OF THE FORM 990 TO REVIEW PRIOR TO THE FILING OF THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C MANAGEMENT AND THE 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 C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE FOUNDATION'S LOCATION - 100 BORDEN STREET, PROVIDENCE, RI 02903. FORM 990, PART XII, LINE 2(C): THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. STEERE HOUSE NURSING & REHABILITATION CENTER 100 BORDEN STREET PROVIDENCE RI 02903 050258880 SKILLED NURSING FACILITY RI 501(C)(3) 10 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 STEERE HOUSE NURSING & REHABILITATION CENTER B 176275 ACTUAL AMOUNT CONTRIBUTED STEERE HOUSE NURSING & REHABILITATION CENTER O 35459 ACTUAL COST INCURRED STEERE HOUSE NURSING & REHABILITATION CENTER P 181226 REIMBURSEMENT