2024-09-24T10:07:36-05:00 2023-12-31 593070669 MSL PA 255 S ORANGE AVENUE SUITE 600 ORLANDO FL 32801 990 2023-01-01 200091844 SUN COAST NURSING CENTERS INC SUNC 2153466454 TWO BALA CYNWYD PLAZA 300 BALA CYNWYD PA 19004 HOWARD JAFFE PRESIDENT 5618017600 2024-09-24 1 1 HARRY E HARP CPA P00176471 4077405400 2023 2024-08-08 14:25:15Z HOWARD JAFFE TWO BALA CYNWYD PLAZA 300 BALA CYNWYD PA 19004 249532959 0 X N/A X 2003 DE OPERATE NURSING HOMES, PROVIDE HOUSING, AND DEVELOP MEDICAL PROGRAMS FOR THE CARE OF THE ELDERLY. 4 0 3466 132 0 0 4446602 142620 232106742 249368460 21481 21879 0 0 236574825 249532959 0 0 0 0 115572317 122765730 0 0 0 141484280 133903985 257056597 256669715 -20481772 -7136756 338299239 443374948 326915943 440170337 11383296 3204611 SUN COAST NURSING CENTERS INC.'S MISSION INCLUDES OPERATION OF ONE OR MORE NURSING HOMES, PROVISION OF HOUSING FOR THE ELDERLY, DEVELOPMENT OF MEDICAL PROGRAMS FOR THE CARE OF THE ELDERLY AND EDUCATION OF HEALTHCARE PERSONNEL IN PROPER CARE OF THE ELDERLY. 0 0 225266521 249368460 THE ORGANIZATION OPERATES 17 SKILLED NURSING FACILITIES AND IS COMMITTED TO PROVIDING REHABILITATION AND SHORT AND LONG TERM NURSING AND MEDICAL CARE OF PATIENTS AND RESIDENTS. THE ORGANIZATION PROVIDES NUMEROUS ACTIVITIES AND PROGRAMS INCORPORATING AND PROMOTING FAMILY ACTIVITIES AND INVOLVEMENT WITH RESIDENTS AND STAFF. THESE ACTIVITIES PROMOTE A NORMALIZED ENVIRONMENT. DURING THE CURRENT YEAR, THERE WERE 755,528 RESIDENT DAYS. 225266521 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 151 0 1 3466 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X KANE FINANCIAL SERVICES SUSAN SHAIN 5612234161 1665 PALM BEACH LAKES BLVD STE 400 WEST PALM BEACH FL 33401 BOLARINWA J AJAKAYE RN SUPERVISOR 40.00 X 274858 0 16502 VALERIE ANN GRAY ADMINISTRATOR 40.00 X 237853 0 31475 ERNANDE A FORTUNE CHERUBIN ADMINISTRATOR 40.00 X 236000 0 17486 ANTONIO DORISCA RN SUPERVISOR 40.00 X 241296 0 9216 DONNA GEORGE REGISTERED NURSE 40.00 X 247439 0 0 HOWARD JAFFE PRESIDENT 16.00 X X 180758 0 0 KATHY KATZ DIRECTOR 2.00 X 12000 0 0 JAMES MULLARKEY DIRECTOR 2.00 X 12000 0 0 PENNY RICHMOND DIRECTOR 2.00 X 12000 0 0 1454204 0 74679 164 0 1 0 SELECT REHABILITATION INC 2600 COMPASS ROAD GLENVIEW IL 60026 THERAPY SERVICES 27348542 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DRIVE STE 300 BENSALEM PA 19020 ENVIRONMENTAL SERVICES 5972048 KANE FINANCIAL SERVICES 1665 PALM BEACH LAKES BLVD STE 600 WEST PALM BEACH FL 33401 CONSULTING SERVICES 5746522 PHARMERICA PO BOX 409251 ATLANTA GA 30384 PHARMACY SERVICES 3390582 AEGIR HEALTH SERVICES LLC 1675 PALM BEACH LAKES BLVD STE 400 WEST PALM BEACH FL 33401 CONSULTING SERVICES 2759747 102 142620 142620 NET RESIDENT SERVICE REVENUE 623000 249200253 249200253 OTHER RESIDENT SERVICE REVENUE 623000 168207 168207 249368460 21879 21879 249532959 249368460 0 21879 X 265605 265605 102510668 91670294 10840374 149983 148021 1962 11943712 10578408 1365304 7895762 7332489 563273 6102967 6102967 923465 548 922917 189036 189036 46339938 44032304 2307634 232041 24748 207293 1797281 75880 1721401 1663463 127653 1535810 30538951 29811729 727222 2297646 1592893 704753 157180 141462 15718 3739598 3365638 373960 5685033 4910473 774560 STATE ASSESSMENT FEE 15307513 15307513 MEDICAL SUPPLIES 9957228 9957228 FOOD 4988754 4959902 28852 LEGAL SETTLEMENTS 1822275 408224 1414051 2161616 821114 1340502 256669715 225266521 31403194 0 2985822 0 14293917 18847676 6001900 3866474 87017859 48652526 39822924 38365333 5959714 5959714 269234962 376335751 338299239 443374948 53726915 51740242 667766 157380 2000000 8883961 270521262 379388754 326915943 440170337 X 11383296 3204611 11383296 3204611 338299239 443374948 -7136756 -1041929 0 X X 0 1 X 1 0 X 6402829 17866383 4719371 4446602 142620 33577805 235509124 236343655 231604348 232106742 249368460 1184932329 241911953 254210038 236323719 236553344 249511080 1218510134 0 0 0 1218510134 48984 118153 46662 21481 21879 257159 48984 118153 46662 21481 21879 257159 271450 271450 242232387 254328191 236370381 236574825 249532959 1219038743 0.99960 0.99940 0.00020 0.00020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1421283 109594 1530877 0 65587223 31796684 33790539 21013298 16855842 4157456 417338 417338 38365333 DEPOSITS 155099 ESCROWS - RENT 1629440 RIGHT OF USE ASSET 373339212 ESTIMATED THIRD-PARTY PAYOR SETTLEMENTS, NET 1212000 376335751 OPERATING LEASE OBLIGATIONS 379388754 379388754 X 249532959 0 249532959 0 249532959 256669715 0 256669715 0 256669715 PART IV, LINE 1B: THE FILING ORGANIZATION OFFERS A CASH MANAGEMENT SERVICE TO ITS RESIDENTS. THESE FUNDS REMAIN THE SOLE PROPERTY OF THE RESIDENTS, TO BE DISBURSED ONLY AS REQUESTED. THE ORGANIZATION HAS A FIDUCIARY DUTY OF ACCOUNTABILITY FOR THESE FUNDS AND REMAINS ONLY A CUSTODIAN. AT DECEMBER 31, 2023 AND 2022, THE BALANCE WAS APPROXIMATELY $1,531,000 AND $1,421,000, RESPECTIVELY. PART X, LINE 2: THE FILING ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS INCLUDE NO INCOME TAX PROVISION OR LIABILITY. CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 0 0 PROGRAM SERVICES CAPTIVE INSURANCE COMPANY 5959714 0 0 0 0 0 0 5959714 0 5959714 0 0 1 0 0 0 X X X 0 0 0 0 0 0 0 0 0 BOLARINWA J AJAKAYE RN SUPERVISOR 274858 0 0 0 0 0 16502 0 0 0 291360 0 0 0 VALERIE ANN GRAY ADMINISTRATOR 237853 0 0 0 0 0 19330 0 12145 0 269328 0 0 0 ERNANDE A FORTUNE CHERUBIN ADMINISTRATOR 236000 0 0 0 0 0 5341 0 12145 0 253486 0 0 0 ANTONIO DORISCA RN SUPERVISOR 241296 0 0 0 0 0 9216 0 0 0 250512 0 0 0 DONNA GEORGE REGISTERED NURSE 247439 0 0 0 0 0 0 0 0 0 247439 0 0 0 HOWARD JAFFE PRESIDENT 180758 0 0 0 0 0 0 0 0 0 180758 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 THE FILING ORGANIZATION HAS DELEGATED MANAGEMENT DUTIES OVER ITS FINANCIAL OPERATIONS TO KANE FINANCIAL SERVICES, LLC PURSUANT TO A BOARD-APPROVED AGREEMENT. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD PRESIDENT AND THE CONSULTING COMPANY. THE RETURN IS PROVIDED TO ALL VOTING BOARD MEMBERS BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS CONTAINED IN THE EMPLOYEE HANDBOOK. THE POLICY EXTENDS TO THE ORGANIZATION'S OFFICERS AND DIRECTORS. THE ORGANIZATION'S BOARD OF DIRECTORS MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH ITS ANNUAL DISCLOSURE PROCESS. THE BOARD REVIEWS ACTUAL CONFLICTS THAT ARE IDENTIFIED AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS EXIST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS HAS THE AUTHORITY TO FIX THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR AS WELL AS OTHER OFFICERS AND KEY EMPLOYEES. THE COMPENSATION LEVELS ARE SET BASED ON CONSULTATION WITH THE CONSULTING COMPANY. ALL PARTIES ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION DECISIONS. COMPENSATION LEVELS ARE SET BASED ON CURRENT MARKET CONDITIONS, THE ECONOMY AND FUNDING SOURCES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PURCHASED MEDICAL SERVICES: PROGRAM SERVICE EXPENSES 32,844,280. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,844,280. CONSULTING FEES: PROGRAM SERVICE EXPENSES 5,067,690. MANAGEMENT AND GENERAL EXPENSES 2,042,093. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,109,783. NUTRITIONAL SERVICES: PROGRAM SERVICE EXPENSES 457. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 457. ENVIRONMENTAL SERVICES: PROGRAM SERVICE EXPENSES 6,119,877. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,119,877. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 265,541. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 265,541. FORM 990, PART XII, LINE 2C THE GOVERNING BODY IS RESPONSIBLE FOR THE OVERSIGHT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDIT OF THE FINANCIAL STATEMENTS IS CURRENTLY ONGOING, BUT THEY WILL BE ISSUED UPON COMPLETION AND AVAILABLE UPON REQUEST. FORM 990, PART IV, LINE 12A SUN COAST NURSING CENTERS, INC. IS A HOLDING COMPANY. ITS WHOLLY-OWNED SUBSIDIAIRIES RECEIVE AUDITED FINANCIAL STATEMENTS. THUS, THE FILING ORGANIZATION HAS CHECKED "YES" ON PART IV, LINE 12A. FLORIDA INSTITUTE FOR LONG TERM CARE LLC TWO BALA CYNWYD PLAZA SUITE 300 BALA CYNWYD PA 19004 020660404 HOLDING COMPANY DE 0 0 SUN COAST NURSING CENTERS INC FI - BAY POINTE LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 020660736 NURSING HOME, ELDERLY CARE FL 10426642 18907629 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - BOCA RATON LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051407 NURSING HOME, ELDERLY CARE FL 12552602 21056378 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - BROWARD NURSING 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051409 NURSING HOME, ELDERLY CARE FL 19687127 34819941 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - CAPE CORAL LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051412 NURSING HOME, ELDERLY CARE FL 15441470 20242423 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - CARROLLWOOD CARE LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051414 NURSING HOME, ELDERLY CARE FL 14235637 21740487 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - CASA MORA LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051422 NURSING HOME, ELDERLY CARE FL 19999269 40393114 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - EVERGREEN WOODS LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051430 NURSING HOME, ELDERLY CARE FL 12944371 20409922 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - PALM BEACHES LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051438 NURSING HOME, ELDERLY CARE FL 15848621 30744397 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - POMPANO REHAB LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051441 NURSING HOME, ELDERLY CARE FL 13097221 22385524 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - THE ABBEY LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 020660729 NURSING HOME, ELDERLY CARE FL 12920270 24438716 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - SANFORD REHAB LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051445 NURSING HOME, ELDERLY CARE FL 11063783 18353374 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - TAMPA LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051446 NURSING HOME, ELDERLY CARE FL 19457161 30595841 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - TITUSVILLE LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051448 NURSING HOME, ELDERLY CARE FL 9310033 27120704 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - WALDAMERE LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051454 NURSING HOME, ELDERLY CARE FL 13804501 27888448 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - WINDSOR WOODS LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051456 NURSING HOME, ELDERLY CARE FL 11240045 17693376 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - WINKLER COURT LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051458 NURSING HOME, ELDERLY CARE FL 14075353 20546202 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FI - THE OAKS LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051435 NURSING HOME, ELDERLY CARE FL 10873300 21973204 FLORIDA INSTITUTE FOR LONG TERM CARE LLC FOUNDATION FOR SENIOR LIVING LLC 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 203563060 INACTIVE FL 0 0 FLORIDA INSTITUTE FOR LONG TERM CARE LLC LONG TERM CARE INSTITUTE OF ST PETERSBURG LLC TWO BALA CYNWYD PLAZA SUITE 300 BALA CYNWYD PA 19004 021237632 INACTIVE DE 0 0 SUN COAST NURSING CENTERS INC FI - HIGHLAND PINES REHABILITATION LLC (THROUGH 420) 360 CENTRAL AVENUE SUITE 1550 ST PETERSBURG FL 33701 320051433 NURSING HOME, ELDERLY CARE FL 12356886 21510147 FLORIDA INSTITUTE FOR LONG TERM CARE LLC