2024-12-11T10:40:10-06:00 2023-12-31 994625061 CRI ADVISORS LLC 7411 FULLERTON STREET SUITE 300 JACKSONVILLE FL 32256 990 2023-01-01 455567819 WISE OWL PROPERTIES INC WISE 9043916600 10688 OLD ST AUGUSTINE RD JACKSONVILLE FL 32257 FRAN PEPIS PRESIDENT 9043916600 2024-12-09 1 1 DANA ALEXANDER P01425283 9043566023 2024-12-09 2023 2024-10-15 13:58:12Z LINDA LEVIN 10688 OLD ST AUGUSTINE RD JACKSONVILLE FL 32257 135000 0 X N/A X 2013 FL WISE OWL PROPERTIES, INC. IS A CORPORATION OWNED TO HOLD TITLE TO PROPERTY ON BEHALF OF ELDERSOURCE INC. 5 5 0 5 0 0 0 0 135000 135000 0 0 4 0 135004 135000 0 0 0 0 0 0 0 0 0 183063 174672 183063 174672 -48059 -39672 1131437 1039445 936273 883953 195164 155492 WISE OWL PROPERTIES, INC. IS A CORPORATION OWNED TO HOLD TITLE TO PROPERTY ON BEHALF OF ELDERSOURCE INC. 0 0 135000 RENTAL OF PROPERTY TO ELDERSOURCE, INC. 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X LINDA LEVIN 9043916600 10688 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32257 FRAN PEPIS PRESIDENT 1.00 X X 0 0 0 MELISSA GILREATH SECRETARY 1.00 X X 0 0 0 BRENDA EZELL TREASURER 1.00 X X 0 0 0 BILL TERNENT BOARD MEMEBER 1.00 X 0 0 0 RAY PARKHURST BOARD MEMEBER 1.00 X 0 0 0 LINDA LEVIN EXECUTIVE DIRECTOR 1.00 40.00 X 0 166705 0 0 166705 0 0 0 1 0 0 RENTAL INCOME 531120 135000 135000 135000 135000 135000 0 0 1056 7334 51919 171 11225 40821 13534 LEASED EMPLOYEES 47721 TAXES & LICENSE 777 MISCELLANEOUS 114 174672 216623 161659 2435 2579 1279339 404132 912379 875207 1131437 1039445 14534 15302 362831 314303 558908 554348 936273 883953 X 195164 155492 195164 155492 1131437 1039445 -39672 0 X 0 1 X 1 0 276605 276605 922098 336416 585682 80636 67716 12920 875207 DUE TO NEFLAA 7134 DUE TO ELDERSOURCE PARENT 547214 554348 X PART X, LINE 2: ALL SUBSIDIARIES THAT MAKE UP THE ORGANIZATION, EXCEPT WISE OWL PROPERTIES, INC., ARE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR HAVE APPLIED FOR THIS EXEMPT CLASSIFICATION. WISE OWL PROPERTIES, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION OR LIABILITY FOR FEDERAL AND STATE INCOME TAXES. THE ORGANIZATION HAS DETERMINED THAT IT DOES NOT HAVE ANY MATERIAL UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS AS OF DECEMBER 31, 2023 AND 2022. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2023 AND 2022, THE ORGANIZATION HAS NO UNCERTAIN TAX PROVISIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2020. X X 0 0 0 LINDA LEVIN EXECUTIVE DIRECTOR 0 166705 0 0 0 0 0 0 0 0 0 166705 0 0 PART I, LINE 3 THE BYLAWS ESTABLISH THAT THE EXECUTIVE COMMITTEE HAS GENERAL OVERSIGHT OF THE ORGANIZATION'S HUMAN RESOURCE PLAN. SPECIFIC DUTIES INCLUDE YEARLY EVALUATION OF THE EXECUTIVE DIRECTOR OF THE ORGANIZATION AND SETTING THE COMPENSATION FOR THE FOLLOWING YEAR. A COMPETENT SALARY SURVEY IS USED TO BENCHMARK COMPENSATION FOR THE POSITION UTILIZING FLORIDA AGENCIES ON AGING AND OTHER STUDIES OF COMPARABLE NOT FOR PROFIT AGENCIES. THE COMMITTEE MEETS INDEPENDENT OF THE EXECUTIVE DIRECTOR TO DISCUSS PERFORMANCE RELATIVE TO THE POSITION DESCRIPTION. DURING THESE DELIBERATIONS, THE COMMITTEE ALSO CONSIDERS INPUT OBTAINED FROM OTHER BOARD MEMBERS, STAFF, PROFESSIONAL ADVISORS, GRANT RECIPIENTS, AND OTHER INFORMED COMMUNITY LEADERS. ONCE A CONSENSUS IS REACHED REGARDING PERFORMANCE, A SIMILAR DISCUSSION IS HELD CONCERNING COMPENSATION RELATIVE TO ANNUAL BENCHMARK AND ESTABLISHED OBJECTIVES. THE COMMITTEE PRESENTS ITS FINDINGS AND RECOMMENDATIONS, IN AN EXECUTIVE SESSION WITHOUT THE CHIEF EXECUTIVE PRESENT, TO THE FULL BOARD FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION A, LINE 7A ELDERSOURCE INC. IS THE SOLE MEMBER OF WISE OWL PROPERTIES, INC. AND HAS THE POWER TO APPOINT THE BOARD MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B ELDERSOURCE INC. HAS THE POWER TO APPOINT BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B RETURN IS EMAILED TO THE BOARD OF DIRECTORS TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY BOARD MEMBERS COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE. MANAGEMENT REVIEW AND INSURES THAT ALL BOARD MEMBERS COMPLETE THE FORM. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST ELDERSOURCE INC 10688 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32257 271456179 TO IMPROVE THE WELL BEING OF ELDERS AND CAREGIVERS IN FLORIDA. FL 501(C)(3) LINE 7 N/A 1 NORTHEAST FL AREA AGENCY ON AGING 10688 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32257 591569867 TO IMPROVE THE WELL BEING OF ELDERS AND CAREGIVERS IN NE FLORIDA. FL 501(C)(3) LINE 7 ELDERSOURCE INC 0 ELDERSOURCE INSTITUTE INC 10688 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32257 475221862 TO IMPROVE THE WELL BEING OF ELDERS AND CAREGIVERS IN NE FLORIDA. FL 501(C)(3) LINE 10 ELDERSOURCE INC 0 MEDICAID MANAGEMENT SERVICES 10688 OLD ST AUGUSTINE ROAD JACKSONVILLE FL 32257 833617668 TO IMPROVE THE WELL BEING OF ELDERS AND CAREGIVERS IN FLORIDA. FL 501(C)(3) LINE 7 ELDERSOURCE INC 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 NORTHEAST FL AGENCY ON AGING J 135000 CASH NORTHEAST FL AGENCY ON AGING O 47721 CASH