2024-10-02T10:50:12-05:00 2023-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2023-01-01 050518885 THE STEERE HOUSE FOUNDATION STEE 4014547970 100 BORDEN STREET PROVIDENCE RI 02903 JOSHUA SEGAL EXECUTIVE DIRECTOR 4014547970 2024-10-01 1 1 MICHAEL E CRISCIONE P01456801 4014214800 2024-10-01 2023 2024-10-15 13:58:12Z X JOSHUA SEGAL 100 BORDEN STREET PROVIDENCE RI 02903 425296 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. X 5 5 0 0 0 0 29719 48545 0 0 230763 124305 0 -11640 260482 161210 176275 2318332 0 0 0 0 0 59950 65869 99938 42922 276213 2421204 -15731 -2259994 2495813 0 30772 0 2465041 0 X 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 1 2342257 2318332 PROVIDES SUPPORT AND MAINTENANCE OF STEERE HOUSE NURSING & REHABILITATION CENTER. 2342257 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 1 2 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 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 MCMAHON BOARD MEMBER 0.50 0.50 X 0 0 0 CHELSIE HIGGINS DIRECTOR OF FINANCE THRU 11/27/23 0.50 39.50 X 0 95815 9302 JOSHUA SEGAL EXECUTIVE DIRECTOR 0.50 39.50 X 0 184020 12917 0 279835 22219 0 0 1 0 0 36410 12135 48545 36155 36155 332361 244211 88150 88150 88150 8235 36410 19875 -11640 -11640 161210 0 0 112665 2318332 2318332 59950 59950 10039 10039 19227 19227 3039 3039 STRATEGIC PLANNING 4698 4698 OTHER EXPENSES 3141 3141 ALLOCATED PAYROLL AND B 2778 2778 2421204 2342257 13078 65869 17079 0 0 0 0 0 0 0 0 4037 0 0 2474697 0 0 0 0 0 2495813 0 23339 7433 0 30772 0 X 1574375 0 890666 0 2465041 0 2495813 0 -2259994 -205047 0 X 0 0 0 X X 1 STEERE HOUSE NURSING AND REHABILITATION CENTER 050258880 10 1 2318332 0 1 2318332 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 OPERATED EXCLUSIVELY TO SUPPORT STEERE HOUSE NURSING AND REHABILITATION CENTER. THE FOUNDATION AND STEERE HOUSE NURSING AND REHABILITATION CENTER SHARED A COMMON EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE. IN ADDITION, FIVE MEMBERS OF THE FOUNDATION BOARD WERE MEMBERS OF THE STEERE HOUSE NURSING AND REHABILITATION CENTER BOARD. THE FOUNDATION WAS DISSOLVED AS OF DECEMBER 31, 2023 AND ITS REMAINING ASSETS TRANSFERRED TO STEERE HOUSE NURSING AND REHABILITATION CENTER. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2474697 0 -90781 2383916 3343325 99 -506236 362491 2474697 3271404 603 475745 404427 3343325 3046257 841 397258 172952 3271404 2776004 31163 532036 292946 3046257 0 0 0 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. THE FOUNDATION WAS DISSOLVED AND ITS INVESTMENTS WERE TRANSFERRED TO STEERE HOUSE NURSING AND REHABILITATION CENTER AS OF DECEMBER 31, 2023. X X X 1 JFALLON & CO INC 45 GRANT AVENUE WRENTHAM MA 02093 CONSULTANT 0 0 59950 0 59950 RI SPRING INTO SUMMER 44645 36410 8235 19875 44645 36410 8235 19875 19875 -11640 1 STEERE HOUSE NURSING & REHABILITATION CENTER 100 BORDEN STREET PROVIDENCE RI 02903 050258880 501(C)(3) 120499 2197833 BOOK SUPPORT OF OPERATIONS AND CONTRIBUTION OF NET ASSETS 1 PART I, LINE 2: THE FOUNDATION ONLY MAKES GRANTS TO ITS SUPPORTED ORGANIZATION. THE CLOSE CONNECTION BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF THE FUNDS. 0 0 0 0 0 0 0 0 0 JOSHUA SEGAL EXECUTIVE DIRECTOR 0 184020 0 0 0 0 0 2072 0 10845 0 196937 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. ASSETS CONSISTING PRIMARILY OF CASH AND INVESTMENTS TRANSFERRED TO ITS SOLE MEMBER, STEERE HOUSE NURSING AND REHABILITATION CENTER. NO ASSETS WERE SOLD. 2023-12-31 2209510 COST 050258880 STEERE HOUSE NURSING & REHABILITATION CENTER 100 BORDEN STREET PROVIDENCE RI 02903 501(C)(3) 0 0 0 0 1 1 1 1 0 FORM 990, PART III, LINE 3 THE FOUNDATION WAS DISSOLVED EFFECTIVE DECEMBER 31, 2023. ALL REMAINING NET ASSETS WERE TRANSFERRED TO STEERE HOUSE NURSING AND REHABILITATION CENTER AS OF DECEMBER 31, 2023. 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. 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 2318332 BOOK