2024-02-27T09:05:22-06:00 2022-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 401 EAST JACKSON ST SUITE 1200 TAMPA FL 33602 990 2022-01-01 593705979 THE CENTER FOR SPECIAL NEEDS TRUST ADMINISTRATION INC CENT 7278944489 12425 28TH STREET N 301 ST PETERSBURG FL 33716 MICHELLE DIEBERT PRESIDENT 7278944489 2024-02-21 1 MICHELLE DIEBERT 999009999 1 AMY DOSIK P00890743 8132511010 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHELLE DIEBERT 12425 28TH STREET N 301 ST PETERSBURG FL 33716 4752053 0 X WWW.CENTERTRUST.ORG X 2000 FL THE CENTER FOR SPECIAL NEEDS TRUST ADMINITRATION (THE CENTER) PROVIDES SPECIALIZED TRUSTEE AND TRUST ADMINISTRATION SERVICES TO THE DISABLED AND ELDERLY COMMUNITY TO PROTECT ASSEST BASED PUBLIC BENEFITS. OUR MISSION IS TO GIVE OUR BENEFICIARIES QUALITY OF LIFE WHILE PRESERVING ELIGIBILITY FOR INCOME AND ASSET BASED RESOURCES. 3 0 38 0 0 0 1002694 1097676 3962657 3619894 10397 34483 59778 0 5035526 4752053 263132 219503 0 0 1372164 1563847 0 0 0 2321278 2375774 3956574 4159124 1078952 592929 5151201 5706287 201868 164025 4949333 5542262 TO OFFER SPECIALIZED ADMINISTRATIVE SEERVICES FOR IMPOVERISHED PEOPLE WITH DISABILITIES WHO HAVE SPECIAL NEEDS TRUSTS FOR THE PURPOSE OF IMPROVING THEIR QUALITY OF LIFE. 0 0 3585790 219503 3619894 PROVIDING SPECIALIZED ADMINISTRATIVE SERVICES FOR IMPOVERISHED PEOPLE WITH DISABILITIES WHO HAVE SPECIAL NEEDS TRUSTS FOR THE PURPOSE OF IMPROVING THEIR QUALITY OF LIFE. FOR 2022, THE CENTER ACCEPTED 163 NEW TRUSTS AND NOW HAS 2,293 TRUSTS UNDER ADMINISTRATION. 3585790 1 1 0 0 0 0 1 0 1 0 1 1 1 0 1 0 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 0 0 0 0 1 24 0 1 38 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X LAURA DAVIS 7274971660 12425 28TH STREET N ST PETERSBURG FL 33716 MICHELLE DIEBERT PRESIDENT 60.00 0.00 X X 149021 0 8217 LAURA DAVIS VICE PRESIDENT 60.00 0.00 X X 138078 0 11994 CARL SCHROEDER SECRETARY 45.00 0.00 X X 108197 0 4481 395296 0 24692 3 0 1 0 FIDUCIARY TAX & ACCOUNTING SERVICES LLC 404 MAIN STREET SAFETY HARBOR FL 34695 ADMINISTRATIVE & TAX SERVICES 711800 STAUNTON & FAGLIE PL 3000 GULF TO BAY BLVD CLEARWATER FL 33759 LEGAL COMPLIANCE & CONSULTATION 665109 2 1097676 1097676 TRUST ADMINISTRATION 525920 3619894 3619894 3619894 34483 34483 4752053 3619894 0 34483 219503 219503 419792 367318 52474 930478 814168 116310 123403 107978 15425 90174 78902 11272 17754 17754 790444 790444 715859 711800 4059 110211 110211 101143 71042 30101 56388 56388 89456 40071 49385 211952 205593 6359 133675 133675 2022 2022 6150 6150 5295 5295 115954 115954 COURT ORDERED PAYMENTS 15271 15271 SPONSORSHIPS 4200 4200 4159124 3585790 573334 0 180298 1232527 130987 130987 2310234 1806259 474806 474806 26000 26000 981718 218699 768315 763019 776848 776848 472678 472678 11035 23163 5151201 5706287 59555 21712 142313 142313 201868 164025 X 0 0 0 0 4949333 5542262 4949333 5542262 5151201 5706287 592929 0 X X 0 0 0 X 1635375 1214936 2392357 1002694 1097676 7343038 3471309 3190636 3476039 3962657 3619894 17720535 5106684 4405572 5868396 4965351 4717570 25063573 0 4406 16962 6059 36231 638758 702416 4406 16962 6059 36231 638758 702416 24361157 18528 299513 6763 10397 34483 369684 229657 229657 248185 299513 6763 10397 34483 599341 5354869 4705085 5875159 4975748 4752053 25662914 0.94930 0.96460 0.02340 0.03160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 1 15.00 1 175623425 119228958 147447948 147404435 0 763019 763019 218699 218699 0 763019 BEACON MTD LLC INTEREST 776848 C 776848 VIALEGAL 2 72678 C ANNUITIES 300000 C PROSPECT FUNDING HOLDINGS LLC 100000 C 472678 DUE TO CLIENTS 142313 142313 PART II, LINE 5: THE CENTER HAS AN ENVIRONMENTAL EASEMENT ON THE PROPERTY THAT WILL RESTRICT THE USE OF THE PROPERTY TO ENVIRONMENTALLY SOUND TIMBER HARVESTING ONLY. THIS PROPERTY IS NEXT TO A SKI RESORT AND WAS OTHERWISE CONSIDERED AT RISK OF DEVELOPMENT. THE APPALACHIAN TRAIL RUNS THROUGH THE PROPERTY AND IS CONSIDERED HAVE SOME ENVIRONMENTALLY SENSITIVE FLORA. PART IV, LINE 2B: THE ORGANIZATION PROVIDES SPECIAL ADMINISTRATIVE SERVICES FOR IMPOVERISHED PEOPLE WITH DISABILITIES WHO HAVE SPECIAL NEEDS TRUSTS FOR THE PURPOSE OF IMPROVING THEIR QUALITY OF LIFE. THESE TRUSTS ARE ADMINISTERED ACCORDING TO STRICT GUIDELINES UNDER MEDICAID LAW. THE ORGANIZATION ALSO ADMINISTERS THE INVESTMENT OF THE TRUSTS IN THE BEST INTERESTS OF THE TRUST BENEFICIARIES. 1 THERESA ALESSANDRA RUSSO FOUNDATION INC 250 LIDO BOULEVARD LIDO BEACH NY 11561 113126316 501(C)(3) 213355 0 GENERAL SUPPORT 1 0 PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF THE FUNDS IT DONATES TO OTHERS ON AN INFORMAL BASIS. THE LARGER THE DONATION, THE MORE ATTENTION IS GIVEN TO THAT RECIPIENT. THE REVIEWS PERFORMED IN THE PAST HAVE PROVIDED THE ORGANIZATION WITH VALUABLE INFORMATION REGARDING THE NEEDS OF THE RECIPIENTS AND HAD AN IMPACT ON FUTURE PLANNED GIFTS. FOR INDIVIDUAL GRANTS, FUNDS ARE PLACED INTO POOLED TRUSTS ADMINISTERED BY THE ORGANIZATION AND EXPENSES ARE PAID DIRECTLY OUT OF THE TRUST, BASED ON THE INDIVIDUAL TRUST NEEDS. X X X 0 0 0 0 0 0 0 0 0 MICHELLE DIEBERT PRESIDENT 135236 0 13785 0 0 0 6532 0 1685 0 157238 0 0 0 LAURA DAVIS VICE PRESIDENT 124293 0 13785 0 0 0 2423 0 9571 0 150072 0 0 0 FORM 990, PART VI, SECTION A, LINE 8B THERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF GOVERNING BODY; THUS NO MEETINGS WERE HELD FOR CONTEMPORANEOUS DOCUMENTATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE INDEPENDENT ACCOUNTANT, THEN REVIEWED BY MANAGEMENT. AFTERWARDS, A COPY OF THE 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CENTER FOR SPECIAL NEEDS TRUST ADMINISTRATION INC. ("THE CENTER") TAKES ITS RESPONSIBILITY IN THE AREA OF CONFLICT OF INTEREST SERIOUSLY AND HAS ALWAYS HAD A CONFLICT OF INTEREST POLICY. THE CORE OF THIS LONG STANDING POLICY, AS WELL AS THE WRITTEN CONFLICT OF INTEREST POLICY DOCUMENT ("POLICY"), PROVIDES THAT TRANSACTIONS WITH PARTIES WITH WHOM A CONFLICTING INTEREST EXISTS MAY BE UNDERTAKEN ONLY IF FULLY DISCLOSED, ARE IN THE BEST INTERESTS OF THE CENTER, AND DONE AT FAIR MARKET VALUE. IN THE EVENT OF A POTENTIAL CONFLICT, THAT PERSON SHALL RECUSE THEMSELVES FROM THE DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15 THE COMPANY HAS ESTABLISHED A POLICY OF REVIEW OF EXECUTIVE AND KEY EMPLOYEE COMPENSATION WHICH INCLUDES APPROVAL BY INDEPENDENT PERSONS AND USE OF DATA FROM PEER INSTITUTIONS. THE COMPANY'S BOARD OF DIRECTORS ESTABLISHED A "STANDING COMMITTEE" WHICH IS RESPONSIBLE FOR PROVIDING RECOMMENDATIONS REGARDING COMPENSATION FOR ALL COMPANY EXECUTIVE AND KEY EMPLOYEES. THE STANDING COMMITTEE KEEPS A DETAILED RECORD OF THE MEETINGS AND DISCUSSIONS RELATIVE TO EXECUTIVE AND KEY EMPLOYEE COMPENSATIONS. THIS POLICY IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XII MODIFIED CASH BASIS