2024-08-08T08:37:18-05:00 2023-09-30 410746749 CLIFTONLARSONALLEN LLP 227 WEST TRADE STREET SUITE 800 CHARLOTTE NC 28202 990 2022-10-01 541615599 SHELTERING ARMS FOUNDATION SHEL 8047641000 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 JAMES S LITSINGER CFO 8047641000 2024-08-06 1 1 JOHN NORMAN P01506766 7049985200 2024-08-06 2022 2024-08-08 14:25:15Z JOHN L MCELROY III 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 1911891 0 X WWW.SHELTERINGARMS.COM X 1992 VA TO SUPPORT RELATED ORGANIZATIONS IN PROVIDING HEALTHCARE, WELLNESS, AND COMMUNITY SUPPORT SERVICES. 16 16 0 0 241468 216751 3443473 1569193 0 0 23116003 342698 1339 0 26560815 1911891 13591684 0 0 0 597343 1172456 0 0 0 4934865 1588139 19123892 2760595 7436923 -848704 174112507 178045482 0 0 174112507 178045482 X TO FUEL THE VISIONS OF SHELTERING ARMS HOSPITAL AND SHELTERING ARMS INSTITUTE BY BUILDING COMMUNITY PHILANTHROPIC SUPPORT, BY STEWARDING OUR INVESTMENT PORTFOLIO TO REINVEST IN THOSE MISSIONS, AND BY ENHANCING COMMUNITY RELATIONS WITH INDIVIDUALS, CORPORATIONS, FOUNDATIONS, AND ORGANIZATIONS. 0 0 1819473 THE SHELTERING ARMS FOUNDATION FUELS THE VISION OF SHELTERING ARMS HOSPITAL COMMUNITY-BASED PARTNER FOR LIFE PROGRAMS, AND SHELTERING ARMS INSTITUTE THROUGH COMMUNITY PHILANTHROPIC SUPPORT AND SOUND STEWARDSHIP OF THE SHELTERING ARMS FOUNDATION INVESTMENT PORTFOLIO. NEW PHILANTHROPIC DONATIONS AND INVESTMENT INCOME HELP TO PROVIDE THE MARGIN OF EXCELLENCE IN CLINICAL AND COMMUNITY-BASED PROGRAMS THAT COULD NOT BE ACHIEVED THROUGH OPERATING INCOME ALONE. DONORS HELP OUR PATIENTS TO FIND THEIR POWER TO OVERCOME INJURIES AND ILLNESSES AND HELP US ACHIEVE OUR VISION OF REINVENTING REHABILITATION FOR LIFE BEYOND LIMITS. 1819473 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 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 0 1 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 VA X JAMES S LITSINGER 8043424340 8226 MEADOWBRIDGE RD MECHANICSVILLE VA 23116 THEODORE PRICE CHAIR 1.00 4.00 X X 0 0 0 PETER H BOWLES VICE CHAIR 1.00 4.00 X X 0 0 0 RICHARD BAGBY DIRECTOR 1.00 4.00 X 0 0 0 GINA BASS DIRECTOR 1.00 4.00 X 0 0 0 MICHAEL W BOR DIRECTOR 1.00 4.00 X 0 0 0 PATRICIA CUSHNIE DIRECTOR 1.00 4.00 X 0 0 0 BARBARA DUNN DIRECTOR 1.00 4.00 X 0 0 0 LAWRENCE GIBSON DIRECTOR 1.00 4.00 X 0 0 0 ASHBY HACKNEY DIRECTOR 1.00 4.00 X 0 0 0 RUSSELL HARPER DIRECTOR 1.00 4.00 X 0 0 0 MICHAEL J JARVIS JR DIRECTOR 1.00 4.00 X 0 0 0 RICK KELLY DIRECTOR 1.00 4.00 X 0 0 0 LISA TAYLOR POWELL DIRECTOR 1.00 4.00 X 0 0 0 SUE H SCHUTT DIRECTOR 1.00 4.00 X 0 0 0 LATASIA S TURPIN DIRECTOR 1.00 4.00 X 0 0 0 LESLIE WYATT DIRECTOR 1.00 4.00 X 0 0 0 JAMES S LITSINGER CFO & TREASURER 4.00 36.00 X 0 150395 17043 KELLY DEL CAMPO MERRICKS SECRETARY 40.00 0.00 X 0 168904 26811 JOHN L MCELROY III PRESIDENT 40.00 0.00 X 0 360357 45840 0 679656 89694 0 0 1 0 0 200000 1369193 1569193 242698 241468 1230 100000 0 100000 100000 100000 1911891 0 241468 101230 950805 752434 198371 221651 177913 43738 10509 3913 6596 142821 53173 89648 52587 43842 8745 53421 44538 8883 34766 28985 5781 3001 2502 499 26976 22490 4486 6217 5183 1034 670 450 220 MISCELLANEOUS 831667 354699 476968 UBI TAX 267911 223360 44551 SHARED SERVICES 87067 47193 39874 SPECIAL OCCASIONS 70526 58798 11728 2760595 1819473 941122 0 246692 1003824 2250510 854516 38998 26036 4675853 26808 4649716 4649045 166926591 171512061 174112507 178045482 0 0 X 171890816 176954614 2221691 1090868 174112507 178045482 174112507 178045482 X -848704 10686969 -5905290 X 0 1 X 1 0 X 10250216 3269979 8555185 3443473 1569193 27088046 10250216 3269979 8555185 3443473 1569193 27088046 5478166 21609880 2415801 3343800 0 3122499 1230 8883330 0 182142 235186 1083955 216751 1718034 1339 1339 37690749 0.57330 0.59200 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS REVENUE - 2021 AMOUNT: $ 1,339. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4648167 4648167 8686 7808 878 19000 19000 0 4649045 PRIVATE INVESTMENT FUNDS 171512061 F 171512061 X PART X, LINE 2: THE CORPORATION IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER INTERNAL REVENUE CODE SECTION 501(A) AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) AND IS NOT A PRIVATE FOUNDATION. RELATED INCOME IS GENERALLY NOT SUBJECT TO FEDERAL OR STATE TAXES. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE THE TAX-EXEMPT STATUS OF THESE ENTITIES. THE INCOME TAX RETURNS OF THE CORPORATION ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE CORPORATION FOLLOWS THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATIONS FINANCIAL STATEMENTS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE CORPORATION DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS AT SEPTEMBER 30, 2023. X X X 0 0 0 0 0 0 0 0 0 JOHN L MCELROY III PRESIDENT 0 275704 0 81089 0 3564 0 26785 0 19055 0 406197 0 0 KELLY DEL CAMPO MERRICKS SECRETARY 0 137530 0 30968 0 406 0 8276 0 18535 0 195715 0 0 JAMES S LITSINGER CFO & TREASURER 0 149145 0 0 0 1250 0 7269 0 9774 0 167438 0 0 PART I, LINE 3 THE FOUNDATION'S PRESIDENT IS EMPLOYED BY SHELTERING ARMS HOSPITAL (SAH). THE FOUNDATION REIMBURSES SAH FOR THE SERVICES PROVIDED BY THE OFFICERS' OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE MEMBER, THE RELATED ORGANIZATION SHELTERING ARMS CORPORATION, EIN 54-1615598. FORM 990, PART VI, SECTION A, LINE 7A SHELTERING ARMS CORPORATION AS SOLE MEMBER HAS THE POWER TO APPOINT THE BOARD OF SHELTERING ARMS FOUNDATION PER THE ORGANIZATION BYLAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE FORM 990 AND APPLICABLE ATTACHMENTS WAS PROVIDED TO THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS OF THE RELATED ORGANIZATION SHELTERING ARMS HOSPITAL AND TO ALL BOARD MEMBERS OF THE SHELTERING ARMS FOUNDATION. AN OPEN COMMENT AND QUESTION PERIOD WAS WELCOMED TO DIRECT ANY QUESTIONS OR COMMENTS BEFORE FILING THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN A COPY OF THE CONFLICT-OF-INTEREST POLICY ANNUALLY. ANY CONFLICTS ARE DISCLOSED AT THAT TIME, AND THE SIGNED POLICY IS KEPT ON FILE BY THE ORGANIZATION. THE DIRECTOR WITH THE CONFLICT MUST ABSTAIN FROM VOTING ON ANY MATTER THAT RELATES TO THE IDENTIFIED CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVES LISTED ARE EMPLOYEES OF THE RELATED ORGANIZATION SHELTERING ARMS HOSPITAL, AND THEIR COMPENSATION IS REVIEWED AND APPROVED AT A FORMAL MEETING OF THE INDEPENDENT COMPENSATION COMMITTEE OF SHELTERING ARMS HOSPITAL. THE COMPENSATION COMMITTEE EVALUATES PERFORMANCE, COMPENSATION SURVEYS, AND CONTRACT TERMS AND CONDITIONS ANNUALLY BEFORE DETERMINING AND RECOMMENDING COMPENSATION. ALL COMPENSATION COMMITTEE DISCUSSIONS ARE DOCUMENTED IN FORMAL MINUTES. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST, SHELTERING ARMS FOUNDATION WILL MAKE AVAILABLE FOR PUBLIC INSPECTION GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, RELATED POLICIES, AND FINANCIAL STATEMENTS. FORM 990, PART XI, LINE 9: UBI FROM ALTERNATIVE INVESTMENTS -241,468. INTERCOMPANY TRANSFERS -5,663,822. SAF LAND HOLDINGS LLC 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 HOLD REAL ESTATE VA 0 4648167 SHELTERING ARMS FOUNDATION SHELTERING ARMS HOSPITAL 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 540505955 PHYSICAL REHABILITATION VA 501(C)(3) LINE 10 SHELTERING ARMS CORPORATION 0 SHELTERING ARMS HOSPITAL SOUTH 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 352258075 PHYSICAL REHABILITATION VA 501(C)(3) LINE 10 SHELTERING ARMS CORPORATION 0 PALMYRA REHABILITATION CORPORATION 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 541615601 INACTIVE, DISSOLVED IN AUGUST 2023 VA 501(C)(3) LINE 12B, II SHELTERING ARMS CORPORATION 0 SHELTERING ARMS CORPORATION 8226 MEADOWBRIDGE ROAD MECHANICSVILLE VA 23116 541615598 PHYSICAL REHABILITATION VA 501(C)(3) LINE 12B, II N/A 0 SAF INVESTMENT HOLDINGS LP 224 W TREMONT AVE CHARLOTTE NC 28203 383943959 INVESTMENT HOLDINGS NC SHELTERING ARMS FOUNDATION EXCLUDED -1797611 0 241468 0 1.00000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0