2024-06-28T15:41:07-05:00 2023-12-31 593618759 WALTERS & ASSOCIATES CPAS 3277 FRUITVILLE ROAD BLDG E SARASOTA FL 34237 990 2023-01-01 592988752 PINES OF SARASOTA FOUNDATION INC PINE 9419556293 1501 N ORANGE AVENUE SARASOTA FL 34236 ANDREA STEPHENS PRESIDENT 9419556293 2024-06-28 1 ANDREA STEPHENS 999009999 0 SVETLANA MAHORIVSKYY P00746076 9413664450 2024-06-26 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ANDREA STEPHENS 1501 N ORANGE AVENUE SARASOTA FL 34236 2447721 0 X WWW.PINESOFSARASOTA.ORG X 1989 FL TO PROVIDE FINANCIAL SUPPORT TO THE PINES OF SARASOTA, INC., A NOT-FOR-PROFIT PROVIDER OF SKILLED NURSING SERVICES FOR INDIVIDUALS IN SARASOTA COUNTY WHO HAVE LIMITED FINANCIAL RESOURCES. 11 11 6 11 0 0 1306748 952997 0 0 320345 121096 0 0 1627093 1074093 10776696 704197 0 0 644721 602447 0 0 280133 219022 161345 11640439 1467989 -10013346 -393896 4461961 4597013 5001 106191 4456960 4490822 TO PROVIDE FINANCIAL SUPPORT TO THE PINES OF SARASOTA, INC., A NOT-FOR-PROFIT PROVIDER OF SKILLED NURSING SERVICES FOR INDIVIDUALS IN SARASOTA COUNTY WHO HAVE LIMITED FINANCIAL RESOURCES. 0 0 813724 704197 952737 SUPPORTING THE COMFORT, SAFETY AND CARE OF OUR RESIDENTS. PINES OF SARASOTA FOUNDATION RAISED FUNDS TO SUPPORT OUR MISSION, WHICH IS TO SUPPORT PINES OF SARASOTA HEALTHCARE, LLC RESIDENTS WHO HAVE OUTLIVED THEIR MEANS. PINES OF SARASOTA FOUNDATION ALSO RAISES FUNDS FOR CAPITAL IMPROVEMENTS TO THE CAMPUS TO ENSURE THAT THE RESIDENTS LIVING FACILITY CONTINUES TO PROVIDE A SAFE AND COMFORTABLE PLACE TO LIVE. PINES OF SARASOTA IS CELEBRATING ITS 75TH YEAR OF PROVIDING OUR RESIDENTS WITH THE CARE AND COMFORT THEY DESERVE. 813724 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 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 0 0 1 0 0 1 6 1 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 FL X X X ANDREA STEPHENS 9419556293 1501 N ORANGE AVENUE SARASOTA FL 34236 CHARLA BURCHETT TRUSTEE 0.50 X 0 0 0 EDMUND W MORTON III CHAIR 0.50 X X 0 0 0 JOHN SCHAUB TRUSTEE 0.50 X 0 0 0 KELLY SABA TREASURER 0.50 X X 0 0 0 KYLE L HEMBREE SECRETARY 0.50 X X 0 0 0 LISA KEVERIAN-PRESS TRUSTEE 0.50 X 0 0 0 ANNE RIDINGS 2ND VICE CHAIR 0.50 X X 0 0 0 SAM STERN TRUSTEE 0.50 X 0 0 0 LORI SUTTON 1ST VICE CHAIR 0.50 X X 0 0 0 JANE HUNDER BOARD CHAIRMAN 0.50 X 0 0 0 LAVERNE GREEN TRUSTEE 0.50 X 0 0 0 RUTH FRAZIER PRESIDENT 50.00 X 139533 0 15623 ANDREA STEPHENS INTERIM PRESIDENT 50.00 X 108909 0 7799 248442 0 23422 2 0 1 0 0 952997 260 952997 112591 112591 1382133 1373628 8505 8505 8505 1074093 0 0 121096 704197 704197 248442 124221 124221 261347 94972 91384 74991 7822 4087 3735 50264 6192 22615 21457 34572 7265 17804 9503 8700 8700 18113 18113 4041 741 3300 49327 47331 1996 240 240 29158 1098 28060 932 932 6569 6569 BOARD BUDGET 26793 26793 DONOR CULTIVATION 9472 9472 DUES & SUBSCRIPTIONS 5424 2026 3398 BANK CHARGES 1850 1850 726 726 1467989 813724 374132 280133 576236 309280 267825 246758 25918 6554 47756 47756 932 0 3580496 3955179 4000 85796 4461961 4597013 5001 19415 0 86776 5001 106191 X 3165471 3198033 1291489 1292789 4456960 4490822 4461961 4597013 -393896 427758 0 X X 0 1 X 1 0 X 1379027 857138 1260396 1306748 952997 5756306 1379027 857138 1260396 1306748 952997 5756306 270652 5485654 318671 614751 828671 320345 121096 2203534 7959840 0.68920 0.58390 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 231 1056187 1 1 1341489 231 67215 0 1408935 8435378 698680 4889 7797458 1341489 28248298 363783 -282 20176421 8435378 35853260 381426 5658 7992046 28248298 40303316 933813 19245 5403114 35853260 0.25000 0.00000 0.75000 0 0 14182 14182 0 33574 33574 0 0 LEASE OBLIGATION-OPERATING 86776 86776 X 1483738 427758 427758 1055980 18113 18113 1074093 1449876 0 1449876 18113 18113 1467989 PART V, LINE 4: THE ORGANIZATION INTENDS TO USE ITS ENDOWMENT FUNDS TO PURSUE ITS STATED MISSION, SUPPORT OF PINES OF SARASOTA IN PERPETUITY. PART X, LINE 2: THE FOUNDATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF FLORIDA AND HAS BEEN 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. THE FOUNDATION'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. THE FOUNDATION'S INFORMATION RETURNS FOR 2021 AND LATER YEARS REMAIN OPEN TO INSPECTION. PART XI, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 18,113. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES 18,113. 1 PINES OF SARASOTA HEALTHCARE LLC 1501 N ORANGE AVENUE SARASOTA FL 34236 475272934 501(C)(3) 704197 0 FUNDS TO PROVIDE CAPITAL SUPPORT TO PINES OF SARASOTA. PART I, LINE 2: THE PINES FOUNDATION REPORTS TO THE GRANTORS HOW AND WHEN THEIR GRANTS WERE USED. THE PINES RECEIVES COPIES OF INVOICES DOCUMENTING THE EXPENDITURE OF GRANT FUNDS. 0 0 0 0 0 0 0 0 0 RUTH FRAZIER PRESIDENT 139533 0 0 0 0 0 0 0 15623 0 155156 0 0 0 FORM 990, PART I, LINE 1 PINES OF SARASOTA FOUNDATION WAS INCORPORATED IN 1990 TO SUPPORT THE ENDOWMENT, CAPITAL AND PROGRAMMATIC NEEDS OF PINES OF SARASOTA, A NOT-FOR-PROFIT SENIOR CARE COMMUNITY SERVING RESIDENTS EVEN AFTER THEY HAVE OUTLIVED THEIR RESOURCES. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS SENT TO THE AUDIT/EXECUTIVE COMMITTEE OF THE PINES OF SARASOTA FOUNDATION. UPON REVIEW AND APPROVAL, THE TREASURER NOTIFIES THE FULL BOARD OF DIRECTORS THAT THE AUDIT/EXECUTIVE COMMITTEE HAS REVIEWED AND APPROVED THE CONTENTS. AN ELECTRONIC OR HARD COPY OF THE APPROVED 990 DRAFT IS ALSO SENT TO THE FULL BOARD WITH A REQUEST TO REVIEW, SUGGEST EDITS, SUBMIT QUESTIONS OR COMMENTS OR RECOMMEND FOR FILING AS IS. UPON RECEIVING A CONSENSUS, THE 990 IS SUBMITTED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT THE FIRST BOARD MEETING OF THE YEAR. EACH BOARD MEMBER RECEIVES THEIR RESPECTIVE SIGNED FORM, ALONG WITH AN ATTACHED SHEET INDICATING THAT THEY UNDERSTAND AND REMAIN IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. ANY BOARD MEMBER, NEW TO THE ORGANIZATION WHO HAS INADVERTENTLY NOT YET RECEIVED OR REVIEWED SAID POLICY IS GIVEN A NEW ONE. THE CHAIRMAN OR BOARD PRESIDENT REVIEWS THE POLICY, RESPONDS TO ANY QUESTIONS AND, THEN IF ALL TRUSTEES AGREE THAY ARE IN COMPLIANCE, THEY ARE ASKED TO SIGN AND DATE A COVER SHEET INDICATING THEY HAVE REVIEWED AND IN GOOD FAITH AGREE THEY REMAIN IN COMPLIANCE. SHOULD THERE BE A SITUATION WHERE A BOARD MEMBER IS NO LONGER IN COMPLIANCE, A MEMBER OF THE EXECUTIVE COMITTEE WILL MEET INDIVIDUALLY WITH THE TRUSTEE TO DISCUSS AND RESOLVE THE ISSUE. BOARD MEMBERS MUST BE IN COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IN ORDER TO REMAIN IN GOOD STANDING. FORM 990, PART VI, SECTION B, LINE 15A THERE IS A PROCESS BY WHICH THE COMPENSATION OF THE PRESIDENT, THE FOUNDATION'S TOP PAID MANAGEMENT OFFICIAL, IS REVIEWED AND DETERMINED. THE CHAIRMAN OF THE FOUNDATION FORMS A SMALL TASK FORCE TO BOTH EVALUATE THE PRESIDENT AND RECOMMEND COMPENSATION. THE PROCESS INCLUDES REVIEW OF THE CURRENT COMPENSATION STATISTICS GATHERED FROM LOCAL 990'S OF ORGANIZATIONS OF SIMILAR SIZE OPERATING BUDGETS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S WEBSITE AND NEWSLETTERS INCLUDE A STATEMENT INDICATING THAT ITS GOVERNING DOCUMENTS, INCLUDING CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. PINES OF SARASOTA HEALTHCARE LLC 1501 N ORANGE AVE SARASOTA FL 34236 475272934 OPERATE AND MAINTAIN SKILLED NURSING AND ASSISTED LIVING FACILITY FL 501(C)(3) LINE 10 0 PINES OF SARASOTA HOLDING CORPORATION 1501 N ORANGE AVE SARASOTA FL 34236 475260713 OPERATE AND MAINTAIN SKILLED NURSING AND ASSISTED LIVING FACILITY FL 501(C)(3) LINE 12B, II 0 PINES OF SARASOTA MANAGEMENT CORPORATION 1501 N ORANGE AVE SARASOTA FL 34236 475261041 OPERATE AND MAINTAIN SKILLED NURSING AND ASSISTED LIVING FACILITY FL 501(C)(3) LINE 12B, II 0 PINES OF SARASOTA INC 1501 N ORANGE AVE SARASOTA FL 34236 590700567 OPERATE AND MAINTAIN SKILLED NURSING AND ASSISTED LIVING FACILITY 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 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 PINES OF SARASOTA HEALTHCARE LLC B 704197 CASH PINES OF SARASOTA HEALTHCARE LLC K 24000 FMV