2024-11-12T11:04:23-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN 100 FRONT STREET 7TH FLOOR WORCESTER MA 01608 990 2023-01-01 050258881 TOCKWOTTON HOME TOCK 4012725280 500 WATERFRONT DRIVE EAST PROVIDENCE RI 02914 KEVIN MCKAY EXECUTIVE DIRECTOR 4012725280 2024-11-01 1 0 LYNN O'MARRA P00821716 5087136900 2024-11-01 2023 2024-10-15 13:58:12Z TOCKWOTTON ON THE WATERFRONT KEVIN MCKAY 500 WATERFRONT DRIVE EAST PROVIDENCE RI 02914 20826986 0 X WWW.TOCKWOTTON.ORG X 1856 RI TOCKWOTTON HOME PROVIDES A VARIETY OF SERVICES TO OLDER ADULTS AND THEIR FAMILIES--INCLUDING NURSING HOME CARE AND ASSISTED LIVING RESIDENCES. TOWARDS THAT END, WE COLLABORATE WITH OTHERS WHO SHARE OUR VISION. 11 11 222 16 0 0 1220568 357093 15827068 16443975 423103 404794 -9685 134409 17461054 17340271 0 0 0 0 7335864 7123436 0 0 81473 10147399 10226952 17483263 17350388 -22209 -10117 54114890 55200015 44318385 43683253 9796505 11516762 X TOCKWOTTON HOME PROVIDES A VARIETY OF SERVICES TO OLDER ADULTS AND THEIR FAMILIES--INCLUDING NURSING HOME CARE AND ASSISTED LIVING RESIDENCES. TOWARDS THAT END, WE COLLABORATE WITH OTHERS WHO SHARE OUR VISION.OUR MISSION IS TO ENABLE OLDER ADULTS TO ENJOY LIFE TO THE FULLEST AND TO SHARE WITH FAMILIES AND FRIENDS THE RESPONSIBILITY FOR THEIR CARE. AN ESSENTIAL PART OF OUR MISSION IS TO SERVE A BROAD SPECTRUM OF THE COMMUNITY, INCLUDING THOSE WHOSE FINANCIAL RESOURCES ARE LIMITED. TOCKWOTTON HOME SEEKS TO ACHIEVE A LEVEL OF QUALITY IN EVERYTHING WE DO. IN OUR EVERYDAY BUSINESS, THE HUMAN DIGNITY AND QUALITY OF LIFE OF THOSE WE SERVE ARE OUR HIGHEST PRIORITIES. 0 0 7814411 8593575 LICENSED TO CARE FOR 52 RESIDENTS, TOCKWOTTON'S NURSING WING HAS AN EXCELLENT REPUTATION AND LONG HISTORY OF PROVIDING 24 HOURS TOP-NOTCH NURSING CARE. THE FACILITY IS MEDICARE AND MEDICAID CERTIFIED AND PROVIDES PHYSICAL, SPEECH AND OCCUPATIONAL THERAPIES. TOCKWOTTON NURSING ALSO OFFERS VARIOUS SERVICES INCLUDING THERAPEUTIC RECREATION, PERSONAL LAUNDRY SERVICES, TRANSPORTATION AND COMPREHENSIVE INDIVIDUALIZED CARE PLANNING. NURSING HOME BED DAYS PROVIDED IN 2023 WERE 18,325 WHICH INCLUDED 4,686 FROM MEDICAID AND 3,182 MEDICARE DAYS. 7243441 7850400 WITH 104 APARTMENTS, TOCKWOTTON ON THE WATERFRONT'S ASSISTED LIVING RESIDENCES OPERATE UNDER THE NAMES, THE RIVER'S EDGE AND THE COURTYARD MEMORY CARE. THE RIVER'S EDGE IS AN ASSISTED LIVING COMMUNITY WHERE THE INDIVIDUAL'S INDEPENDENCE, WELL-BEING AND HAPPINESS IS THE FIRST PRIORITY. THE OPERATIONS OPENED IN 1856 AND MOVED TO A NEWLY BUILT STATE OF THE ART FACILITY IN JANUARY 2013. THE COMMUNITY OFFERS ALL THE COMFORTS OF HOME BY COMBINING ELEGANCE WITH THE FEEL OF A COMFORTABLE SEASIDE COTTAGE. AMENITIES INCLUDED IN THE MONTHLY RENT ARE SCHEDULED TRANSPORTATION, 3 MEALS A DAY, ALL PROGRAM OFFERINGS, WEEKLY HOUSEKEEPING AND CHANGING OF LINENS, ALL UTILITIES, 24 HOUR SECURITY AND EMERGENCY CALL SYSTEM, WI-FI, USE OF LAUNDRY AND SUPPLIES, AND PRIORITY ADMISSION TO TOCKWOTTON SKILLED NURSING CENTER. RIVER'S EDGE ALSO MAKES AVAILABLE TO THE RESIDENTS PACKAGES THAT INCLUDE PERSONAL CARE, MEDICATION PACKAGES, PERSONAL SAFETY PENDANTS, CABLE TV/INTERNET/PHONE, PERSONAL LAUNDRY, REHABILITATION, NUTRITIONAL COUNSELING AND SPECIAL DIETS. THE COURTYARD MEMORY CARE AT TOCKWOTTON ON THE WATERFRONT IS AN ASSISTED LIVING RESIDENCE THAT SPECIALIZES IN CARE FOR THOSE WITH ALZHEIMER'S DISEASE AND OTHER FORMS OF MEMORY LOSS. THE COURTYARD PROVIDES A SAFE AND NURTURING ENVIRONMENT WHERE HIGHLY TRAINED CAREGIVERS FOCUS ON WHAT IS MEANINGFUL TO EACH RESIDENT. BESIDES THE AMENITIES MENTIONED ABOVE, THE COURTYARD ALSO PROVIDES AN ONGOING ASSESSMENT OF THE RESIDENT'S HEALTH NEEDS, PERIODIC WELLNESS CHECKS BY STAFF NURSES AND MEDICATION ADMINISTRATION. 15057852 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 16 0 1 222 1 0 0 0 0 0 1 1 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 1 0 X JOYCE NALLEN 4012725280 500 WATERFRONT DRIVE EAST PROVIDENCE RI 02914 MARIANNE RAIMONDO DIRECTOR/CHAIR BEG. 5/9/23 2.00 0.25 X X 0 0 0 RAFAEL YEPEZ DIRECTOR/TREASURER BEG. 5/9/23 2.00 0.25 X X 0 0 0 KAREN MARSHALL DIRECTOR/SECRETARY BEG. 5/9/23 2.00 0.25 X X 0 0 0 LONNIE BARHAM CHAIR (THROUGH 5/9/23) 2.00 0.25 X X 0 0 0 ALYSSA BOSS VICE CHAIR (THROUGH 5/9/23) 2.00 0.25 X X 0 0 0 ARTHUR BONE TREASURER (THROUGH 5/9/23) 2.00 0.25 X X 0 0 0 DEBORA HEIDTMAN SECRETARY (THROUGH 5/9/23) 2.00 0.25 X X 0 0 0 EMILIA DASILVA-TAVARES DIRECTOR/SECRETARY 5/23-7/23 2.00 0.25 X X 0 0 0 JAMES ATCHISON ESQ DIRECTOR (THROUGH 6/13/23) 2.00 0.25 X 0 0 0 KRISTEN BRETON DIRECTOR - BEG. 5/9/23 2.00 0.25 X 0 0 0 CLIFFORD FIELDS MD DIRECTOR - BEG. 5/9/23 2.00 0.25 X 0 0 0 DAVID KROESSLER MD DIRECTOR 2.00 0.25 X 0 0 0 ELINORE MCCANCE-KATZ MD DIRECTOR 2.00 0.25 X 0 0 0 MICHAEL TAUBER DIRECTOR - BEG. 5/9/23 2.00 0.25 X 0 0 0 DR SUSAN WEISS DIRECTOR - BEG. 5/9/23 2.00 0.25 X 0 0 0 IRENE ZIEGLER DIRECTOR - BEG. 5/9/23 2.00 0.25 X 0 0 0 KEVIN MCKAY EXEC. DIR./PRESIDENT 40.00 1.00 X 326104 0 41320 JOYCE NALLEN DIRECTOR OF FINANCE 40.00 0.50 X 142298 0 17546 MICHAELA MCKAY ADMINISTRATOR 40.00 X 126274 0 19739 MARIANN PARI DIRECTOR OF NURSES 40.00 X 150334 0 19666 BARBARA PERRY RN 40.00 X 102397 0 13236 ZENITA FERNANDES CNA 40.00 X 123278 0 5324 970685 0 116831 6 0 1 0 EMPIRE CONSTRUCTION 1813 ATWOOD AVENUE JOHNSTON RI 02919 CONSTRUCTION WORK FOLLOWING FLOODS 219310 1 46110 310983 10248 357093 SKILLED NURSING FACILITY PROGRAM 623000 8593575 8593575 ASSISTED LIVING PROGRAM 623000 7850400 7850400 16443975 324239 324239 3539303 3455702 3046 83601 -3046 80555 80555 36575 46110 27967 8608 8608 OTHER INCOME 900099 125801 125801 125801 17340271 16443975 0 539203 X 527268 527268 5319427 4611358 629604 78465 162102 146745 15357 684417 614533 69884 430222 348480 81742 8956 8956 84665 84665 51197 51197 3828017 3723374 104643 176014 176014 210828 210828 105454 105454 1182583 1182583 4657 4657 10118 10118 1145970 1145970 1508519 1465336 43183 568214 568214 FOOD 671726 671726 PROVIDER TAX 469907 469907 SUPPLIES 105189 104969 220 DUES & LICENSES 54613 54613 40325 37537 2788 17350388 15057852 2211063 81473 1417890 639665 532548 616892 110588 118449 49675377 14577664 35582946 35097713 9583139 11172026 6887779 7555270 54114890 55200015 1635183 1202550 42618985 41848257 64217 632446 44318385 43683253 X 5600531 6956184 4195974 4560578 9796505 11516762 54114890 55200015 X -10117 1277269 453105 X X 0 1 X 1 1 1 X 432398 2426190 721344 1220568 357093 5157593 15917042 14986633 14988004 15827068 16443975 78162722 16349440 17412823 15709348 17047636 16801068 83320315 4225 1950 5920 8481 9585 30161 0 4225 1950 5920 8481 9585 30161 83290154 950673 901348 332145 285963 324239 2794368 950673 901348 332145 285963 324239 2794368 125801 125801 17300113 18314171 16041493 17333599 17251108 86240484 0.96580 0.95950 0.03240 0.04020 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 5181 291 110 5362 0 9583139 10436 1578451 11172026 11249447 10263 -1676571 9583139 9437409 510040 1301998 11249447 8317461 1119948 9437409 6116668 950000 1250793 8317461 1.00000 1 0 1132504 1132504 43477164 11904975 31572189 1923993 615997 1307996 2724471 1948712 775759 417245 107980 309265 35097713 RESIDUAL RECEIPTS FUND 1320238 BENEFICIAL INTEREST IN PERPETUAL TRUST 4514179 REPLACEMENT RESERVES 559006 SECURITY DEPOSITS 544926 CASH ESCROWS 515059 DEFERRED COMPENSATION 85816 DUE FROM RELATED PARTY 16046 7555270 DEFERRED COMPENSATION PLAN 85816 CAPITAL LEASE PAYABLE 3090 DEPOSITS 543540 632446 X PART IV, LINE 1B: FUNDS FOR ASSISTED LIVING RESIDENTS ARE HELD BY THE ORGANIZATION, AND NOT INCLUDED ON THE BALANCE SHEET. PART V, LINE 4: THE UNRESTRICTED ENDOWMENT FUNDS ARE SET ASIDE FOR THE SUPPORT OF THE GENERAL OPERATIONS OF TOCKWOTTON HOME'S FACILITY AND VARIOUS PROGRAMS. PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF OPERATING EXPENSES. WISHES ON THE WATERFRONT 82685 46110 36575 6022 21945 82685 46110 36575 6022 21945 27967 8608 X X X 0 0 0 0 0 0 0 1 0 KEVIN MCKAY EXEC. DIR./PRESIDENT 282963 0 28772 0 14369 0 13200 0 28120 0 367424 0 0 0 JOYCE NALLEN DIRECTOR OF FINANCE 127725 0 10000 0 4573 0 5865 0 11681 0 159844 0 0 0 MARIANN PARI DIRECTOR OF NURSES 143108 0 4850 0 2376 0 6065 0 13601 0 170000 0 0 0 PART I, LINE 7 THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE EACH RECEIVED AN ANNUAL BONUS THAT WAS DISCRETIONARY, AND NOT CONTINGENT ON REVENUE OR NET EARNINGS. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING. THE ORGANIZATION PROVIDES THE BOARD OF DIRECTORS WITH A COMPLETE COPY OF THE FORM 990 FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE DISCLOSURES ARE REVIEWED ANNUALLY BY THE BOARD OF DIRECTORS. DISCLOSURES ARE PUBLICALLY MADE TO THE FULL BOARD OF DIRECTORS AND BOARD MEMBERS AT ANY TIME. BOARD MEMBERS WITH A CONFLICT OF INTEREST CANNOT VOTE ON ANY TRANSACTION ARRANGEMENT THAT RESULTS IN SUCH CONFLICT OF INTEREST. ANNUALLY EACH BOARD MEMBER MUST SIGN AN AFFIRMATION ATTESTING TO THE FACT THAT THE BOARD MEMBER HAS READ AND UNDERSTANDS THE POLICY AND THAT HE OR SHE AGREES TO ABIDE BY ITS PROVISIONS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FUNCTIONS AS A COMPENSATION COMMITTEE IN DETERMINING COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE COMMITTEE MEETS WITH THE EXECUTIVE DIRECTOR. IN MAKING ITS DECISIONS, IT TAKES INTO ACCOUNT THE COMPENSATION PAID TO SIMILAR EXECUTIVES AT COMPARABLE NON-PROFIT AND LONG-TERM CARE ORGANIZATIONS IN THE LOCAL AREA. THE COMMITTEE CONSIDERS THE PERFORMANCE OF THE ORGANIZATION DURING THE REVIEW PERIOD AND CONSIDERS THE EXECUTIVE DIRECTOR'S SUCCESS IN ACHIEVING ORGANIZATIONAL GOALS. DECISIONS ABOUT COMPENSATION ARE COMMUNICATED BY THE COMMITTEE TO THE PAYROLL ADMINISTRATOR. THE DELIBERATION AND DECISION REGARDING THE COMPENSATION ARRANGEMENTS WERE DOCUMENTED IN THE HUMAN RESOURCES FILES. THE EXECUTIVE DIRECTOR REVIEWS ALL OTHER EMPLOYEES FOR COMPENSATION. IN MAKING HIS DECISIONS, THE EXECUTIVE DIRECTOR TAKES INTO ACCOUNT THE COMPENSATION PAID TO SIMILAR EMPLOYEES AT COMPARABLE NON-PROFIT AND LONG-TERM CARE ORGANIZATIONS IN THE LOCAL AREA. ALSO, THE EXECUTIVE DIRECTOR CONSIDERS THE PERFORMANCE OF EACH INDIVIDUAL EMPLOYEE AND THE PERFORMANCE OF HIS OR HER DEPARTMENT DURING THE REVIEW PERIOD AND CONSIDERS THE EMPLOYEE'S SUCCESS IN ACHIEVING THE ORGANIZATIONAL GOALS. DECISIONS ABOUT COMPENSATION ARE COMMUNICATED BY THE EXECUTIVE DIRECTOR TO THE PAYROLL ADMINISTRATOR. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENT, AND POLICIES ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 3,723,374. MANAGEMENT AND GENERAL EXPENSES 104,643. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,828,017. FORM 990, PART XI, LINE 9: INCREASE IN BENEFICIAL INTEREST IN PERPETUAL TRUSTS 453,105. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE ANNUAL AUDIT. TOCKWOTTON FOUNDATION INC 500 WATERFRONT DRIVE EAST PROVIDENCE RI 02914 264193134 SUPPORT MISSION OF TOCKWOTTON HOME RI 501(C)(3) LINE 7 TOCKWOTTON HOME 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0