2024-10-07T12:57:46-05:00 2023-12-31 593618759 WALTERS & ASSOCIATES CPAS 3277 FRUITVILLE ROAD BLDG E SARASOTA FL 34237 990 2023-01-01 475272934 PINES OF SARASOTA HEALTHCARE LLC PINE 9413650250 1501 N ORANGE AVE SARASOTA FL 34236 MICHAEL WARD PRESIDENT & CEO 9413650250 2024-10-07 1 0 SVETLANA MAHORIVSKYY P00746076 9413664450 2024-09-25 2023 2024-10-15 13:58:12Z MICHAEL WARD 1501 N ORANGE AVE SARASOTA FL 34236 28107337 0 X PINESOFSARASOTA.ORG X LLC 2015 FL THE PRIMARY PURPOSE OF THE ORGANIZATON IS TO OPERATE AND MAINTAIN A 204 BED SKILLED NURSING FACILITY AND 39 BED ASSISTED LIVING FACILITY, PRIMARILY FOR AGED AND FINANCIALLY NEEDY RESIDENTS OF SARASOTA AND MANATEEE COUNTIES, FLORIDA. IN ADDITION, THE ORGANIZATION OPERATES A DAY CARE PROGRAM FOR CHILDREN AND OPERATES 2 THRIFT SHOPS THAT SUPPORT THE ORGANIZATION. 17 17 515 85 0 0 11586221 2514973 19235884 25482413 97643 85951 25469 24000 30945217 28107337 43193554 0 0 0 14097637 14981992 0 0 0 11171661 15365114 68462852 30347106 -37517635 -2239769 9164348 8306469 10011640 11430457 -847292 -3123988 X THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO OPERATE AND MAINTAIN A 204 BED SKILLED NURSING FACILITY AND A 72 BED ASSISTED LIVING FACILITY, PRIMARILY FOR AGED AND FINANCIALLY NEEDY RESIDENTS OF SARASOTA AND MANATEE COUNTIES, FLORIDA. IN ADDITION, THE ORGANIZATION OPERATES A DAY CARE PROGRAM FOR CHILDREN AND OPERATES 2 THRIFT SHOPS THAT SUPPORT THE ORGANIZATION. 0 0 22878617 25065434 OPERATE AND MAINTAIN A 204 BED SKILLED NURSING FACILITY, PRIMARILY FOR AGED AND FINANCIALLY NEEDY RESIDENTS. 1606598 1582963 OPERATE AND MAINTAIN A 39 BED ASSISTED LIVING FACILITY, PRIMARILY FOR AGED AND FINANCIALLY NEEDY RESIDENTS. 794491 715349 THE ORGANIZATION OPERATES A DAY CARE PROGRAM FOR CHILDREN. 1957622 ALL OTHERS 1957622 27237328 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 515 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X THE ORGANIZATION 9413650250 1501 N ORANGE AVE SARASOTA FL 34236 JANE HUNDER CHAIR 1.00 X X 0 0 0 DOUGLAS CHERRY DIRECTOR 1.00 X 0 0 0 ALLISON IMRE PERKOWSKI DIRECTOR 1.00 X 0 0 0 JEFFREY SCHMIDT VICE CHAIR 1.00 X X 0 0 0 LAWRENCE BOWMAN SECRETARY 1.00 X X 0 0 0 BOB ASZTALOS DIRECTOR 1.00 X 0 0 0 KYLE BATTIE DIRECTOR 1.00 X 0 0 0 JEFFREY M BIRNBACH DIRECTOR 1.00 X 0 0 0 KYLE BOOTH DIRECTOR 1.00 X 0 0 0 JOYCE JOHNSON DIRECTOR 1.00 X 0 0 0 SCOTT MAYFORTH DIRECTOR 1.00 X 0 0 0 ALEXA PARKER CLARK DIRECTOR 1.00 X 0 0 0 LORI SUTTON DIRECTOR 1.00 X 0 0 0 LISA LYONS ASSISTANT TREASURER 1.00 X X 0 0 0 KAREN OLIVER DIRECTOR 1.00 X 0 0 0 DAMON ROMANELLO DIRECTOR 1.00 X 0 0 0 D RYAN THOMPSON TREASURER 1.00 X X 0 0 0 MICHAEL WARD PRESIDENT/CEO 40.00 X 276534 0 11327 BRUCE BLAKE CHIEF FINANCIAL OFFICER 40.00 X 195580 0 10478 DAVID ANTHONY NURSING HOME ADMINISTRATOR 40.00 X 217000 0 10864 JESSICA ELDRIDGE-MOORE DIR OF NURSING 40.00 X 206757 0 8116 HELEN KEUNZNER VICE PRESIDENT HUMAN RESOU 40.00 X 170135 0 42 AMANDA COLLIER ALF ADMINISTRATOR 40.00 X 108499 0 9183 MOSHA FIELDS-JONES ASSISTAND DIR OF NURSING W 40.00 X 129257 0 3296 PERICLES SIMEON HIGH COMPENSATED EMPLOYEE 40.00 X 139282 0 0 AMENDA HARRISON HIGH COMPENSATED EMPLOYEE 40.00 X 112539 0 2890 AMANDA MORRIS HIGH COMPENSATED EMPLOYEE 40.00 X 139465 0 6274 1695048 0 62470 10 0 1 0 0 704198 1085711 725064 725064 2514973 SKILLED NURSING 623000 23251526 23251526 ASSISTED LIVING 623000 1582963 1582963 CHILD CARE 624410 645028 645028 OTHER PROGRAM SERVICE REVENU 623000 7972 7972 PHARMACY 623000 -5076 -5076 25482413 85951 85951 24000 0 24000 24000 24000 28107337 25506413 0 85951 X 1066006 1066006 11837848 10360211 1477637 99956 68175 31781 1005266 824446 180820 972916 840174 132742 101787 101787 59579 59579 6373481 5752469 621012 29550 4045 25505 1955585 1835728 119857 27035 3675 23360 412327 412327 1070809 1070809 SUPPLIES 2564504 2516049 48455 LICENSES & FEES 1607521 1490831 116690 BAD DEBT 401258 401258 RENTAL EQUIPMENT 205822 200859 4963 555856 390266 165590 30347106 27237328 3109778 0 4404476 2396959 2445043 3621928 169350 162705 275742 299512 90893 72231 1778844 1753134 9164348 8306469 3884902 3995497 5900000 5887281 226738 1547679 10011640 11430457 X -847292 -3123988 -847292 -3123988 9164348 8306469 X -2239769 -36927 X X 0 1 X 0 0 X 6203225 12126154 26501946 11586221 2514973 58932519 23331804 20987484 16996541 19235884 25506413 106058126 29535029 33113638 43498487 30822105 28021386 164990645 0 0 0 164990645 214 97643 85951 183808 214 97643 85951 183808 25469 25469 29535243 33113638 43498487 30945217 28107337 165199922 0.99870 0.99890 0.00110 0.00090 X PART III, SECTION A 1) THE ORGANIZATION WAS FORMED 10/7/15. 2) THE ORGANIZATION CHANGED TO A CALENDAR YEAR ENDING DECEMBER 31. THE SUPPORT FOR 2018 REPRESENTS A SHORT PERIOD - 8/1/18 TO 12/31/18. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DEPOSITS 3396 DUE FROM FOUNDATION 1964 FINANCE LEASE RIGHT-OF-USE ASSET 125363 OPERATING LEASE RIGHT-OF-USE ASSET 1376909 LOAN COSTS 26973 DUE FROM 1100 CAC LLC 2400 DUE FROM PINES INC. 216129 1753134 LONG-TRM OPERATING LEASE 1395090 FINANCE LEASE LIABIITY 134295 DUE TO PINES INC. 18294 1547679 X PART X, LINE 2: PINES OF SARASOTA HEALTHCARE, LLC WAS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF FLORIDA AND WAS GRANTED RECOGNITION OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAX LIABILITY OR PROVISION FOR INCOME TAXES IS REFLECTED IN THESE FINANCIAL STATEMENTS. PINES' INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. PINES' INFORMATION RETURNS FOR 2021 AND LATER YEARS REMAIN OPEN TO INSPECTION. X X X X X 0 0 0 0 0 0 0 0 0 MICHAEL WARD PRESIDENT/CEO 276534 0 0 0 0 0 0 0 11327 0 287861 0 0 0 DAVID ANTHONY NURSING HOME ADMINISTRATOR 217000 0 0 0 0 0 0 0 10864 0 227864 0 0 0 JESSICA ELDRIDGE-MOORE DIR OF NURSING 206757 0 0 0 0 0 0 0 8116 0 214873 0 0 0 BRUCE BLAKE CHIEF FINANCIAL OFFICER 195580 0 0 0 0 0 0 0 10478 0 206058 0 0 0 HELEN KEUNZNER VICE PRESIDENT HUMAN RESOU 170135 0 0 0 0 0 0 0 42 0 170177 0 0 0 X 725064 RESALE VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 WILL BE PRESENTED TO FINANCE & EXECUTIVE COMMITTEE OF BOARD AND WILL BE AVAILABLE TO ANY BOARD MEMBER REQUESTING A COPY. FORM 990, PART VI, SECTION B, LINE 12C WRITTEN QUESTIONNAIRE FORM 990, PART VI, SECTION B, LINE 15A CEO SALARY AND BENEFITS ARE DETERMINED BY THE BOARD. ALL EMPLOYEES ARE EVALUATED ANNUALLY ON THEIR ANNIVERSARY. DEPARTMENT HEADS APPROVE INCREASES (MAXIMUM PERCENT INCREASE DETERMINED BY SENIOR MANAGEMENT) THAT ARE FINALIZED AND APPROVED BY APPROPRIATE SENIOR MANAGEMENT. OVERALL WAGES APPROVED BY BOARD WITH BUDGET APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G AMBULANCE SERVICES: PROGRAM SERVICE EXPENSES 48,392. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 48,392. LABORATORY SERVICES: PROGRAM SERVICE EXPENSES 61,735. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 61,735. CONTRACT PROFESSIONAL SERVICES: PROGRAM SERVICE EXPENSES 1,635,831. MANAGEMENT AND GENERAL EXPENSES 241,599. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,877,430. MEDICAL DIRECTOR FEES: PROGRAM SERVICE EXPENSES 42,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,000. PHARMACY CONSULTING: PROGRAM SERVICE EXPENSES 25,926. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 25,926. CONSULTING: PROGRAM SERVICE EXPENSES 90,761. MANAGEMENT AND GENERAL EXPENSES 5,048. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 95,809. EKG/MOBILE X-RAY: PROGRAM SERVICE EXPENSES 40,982. MANAGEMENT AND GENERAL EXPENSES 1,753. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 42,735. OUTSIDE AGENCIES: PROGRAM SERVICE EXPENSES 3,617,943. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,617,943. ADMINISTRATION SVCS-ADMINISTRATOR: PROGRAM SERVICE EXPENSES 75,152. MANAGEMENT AND GENERAL EXPENSES 372,612. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 447,764. THERAPEUTIC SVCS-OTHER SOCIAL WORK: PROGRAM SERVICE EXPENSES 113,747. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 113,747. FORM 990, PART XI, LINE 9: DIFFERENCE IN LEASE ADJUSTMENT EXPENSES -36,691. ROUNDING DIFFERENCE 2. PINES OF SARASOTA HOLDING CORP -238. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR PINES OF SARASOTA FOUNDATION INC 1501 N ORANGE AVE SARASOTA FL 34236 592988752 PROVIDE FINANCIAL SUPPORT TO PINES OF SARASOTA, INC. FL 501(C)(3) LINE 7 0 1100 CENTRAL AVENUE CORPORATION 1501 N ORANGE AVE SARASOTA FL 34236 461562505 TITLE HOLDING COMPANY FL 501(C)(2) 0 PINES OF SARASOTA HOLDING CORPORATION 1501 N ORANGE AVE SARASOTA FL 34236 475260713 FL 501(C)(3) LINE 12B, II 0 PINES OF SARASOTA MANGEMENT CORP 1501 N ORANGE AVE SARASOTA FL 34236 475261041 FL 501(C)(3) LINE 12B, II 0 PINES OF SARASOTA INC 1501 N ORANGE AVE SARASOTA FL 34236 590700567 MAINTAIN HEALTHCARE FACILITY FL 501(C)(3) LINE 10 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 PINES OF SARASOTA INC D 216129 CASH 1100 CENTRAL AVENUE CORP D 2400 CASH PINES OF SARASOTA INC N 400948 FMV 1100 CENTRAL AVENUE CORP N 97848 FMV