2025-09-10T09:18:35-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP TWO INTERNATIONAL PLACE 22ND FLOOR BOSTON MA 02110 990 2024-01-01 050511505 THE FRASSATI RESIDENCE D/B/A THE VILLA AT SAINT ANTOINE FRAS 4017672574 400 MENDON ROAD NORTH SMITHFIELD RI 02896 TAMMY SUMMIEL EXECUTIVE DIRECTOR 4017672574 2025-09-08 1 0 KATARZYNA O PADZIK P02268641 7819821001 2025-09-08 2024 2025-03-06 01:10:19Z MSGR ALBERT A KENNEY ONE CATHEDRAL SQUARE PROVIDENCE RI 02903 5073157 0 X WWW.STANTOINE.NET X 1999 RI THE MISSION OF THE VILLA AT SAINT ANTOINE IS TO PROVIDE ASSISTED LIVING AND MEMORY CARE FOR THE ELDERLY OF OUR DIOCESE AND COMMUNITY IN ADDITION TO STRENGTHENING EACH RESIDENT AND FAMILY WITH A COMPASSIONATE, CARING AND CHRISTIAN ENVIRONMENT. 4 0 92 2 0 0 3629 6799 4911894 5030750 100199 35608 40316 0 5056038 5073157 0 0 0 0 2841546 3147546 0 0 0 2117769 2119206 4959315 5266752 96723 -193595 6150878 5592339 4070468 3663306 2080410 1929033 THE MISSION OF THE VILLA AT SAINT ANTOINE IS TO PROVIDE ASSISTED LIVING AND MEMORY CARE FOR THE ELDERLY OF OUR DIOCESE AND COMMUNITY IN ADDITION TO STRENGTHENING EACH RESIDENT AND FAMILY WITH A COMPASSIONATE, CARING AND CHRISTIAN ENVIRONMENT. 0 0 4397714 0 5030750 OPERATION OF A 76-UNIT ASSISTED LIVING FACILITY PROVIDING AN ENVIRONMENT WHERE CARE AND ATTENTION ARE UTILIZED TO MEET RESIDENTS' SOCIAL, MEDICAL, EMOTIONAL, AND SPIRITUAL NEEDS. 4397714 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 7 0 92 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X TAMMY SUMMIEL 4017672574 400 MENDON ROAD NORTH SMITHFIELD RI 02896 X MOST REVEREND RICHARD HENNING PRESIDENT/TREASURER UNTIL 10/24 1.00 39.00 X X 0 39150 26376 REV MSGR ALBERT A KENNEY VP UNTIL 10/24, PRESIDENT/TREASURER 1.00 39.00 X X 0 56963 31742 REV TIMOTHY D REILLY SECRETARY 1.00 39.00 X X 0 33096 20942 LAURA DOS SANTOS ASSISTANT TREASURER 4.00 36.00 X X 0 226011 19547 JAMES JAHNZ DIRECTOR 1.00 39.00 X 0 147677 14693 TAMMY SUMMIEL EXECUTIVE DIRECTOR 40.00 0.00 X 113643 0 52443 CHERYL GOMES DIRECTOR OF NURSING 40.00 0.00 X 109313 0 46532 SOPHOEUN SOPHEAP LICENSED PRACTICAL NURSE 40.00 0.00 X 102633 0 3727 325589 502897 216002 3 0 1 0 ROOFING CONCEPTS 1500 SOUTH COUNTY TRAIL EAST GREENWICH RI 02818 ROOFING CONTRACTOR 419230 GORDON FOOD SERVICE CORPORATION 630 JOHN HANCOCK RD TAUNTON MA 02780 FOOD SERVICES 171290 SYSCO BOSTON LLC 99 SPRING ST PLYMPTON MA 02367 FOOD SERVICES 138197 DIOCESAN SERVICE CORPORATION ONE CATHEDRAL SQUARE PROVIDENCE RI 02903 MANAGEMENT SERVICES 137428 HEALTHCARE SERVICES GROUP INC 3220 TILLMAN DR 300 BENSALEM PA 19020 HOUSEKEEPING SERVICES 114380 5 6799 6799 ROOM, BOARD & OTHER 623000 4976565 4976565 GUEST & EMPLOYEE MEALS 623000 45205 45205 HAIRDRESSER REVENUE 623000 5191 5191 3789 3789 5030750 35608 35608 5073157 5030750 0 35608 166086 166086 2235834 1982600 253234 156091 155665 426 419982 374706 45276 169553 143077 26476 244866 244866 296 296 22260 22260 12278 12278 53510 53510 35280 18153 17127 6856 6856 644234 644234 1230 1230 187551 187551 332469 332469 58395 58395 FOOD 294693 294693 RESIDENT SERVICE EXPENS 146040 146040 BAD DEBT 40081 40081 EQUIPMENT RENTAL 11585 11585 27582 7235 20347 5266752 4397714 869038 0 622883 268500 136353 116900 86702 163972 1228295 722496 13825 14497 44328 44236 11065114 6803376 4018492 4261738 6150878 5592339 381344 570675 81096 148189 3253070 2753667 136353 116900 218605 73875 4070468 3663306 X 2080410 1929033 2080410 1929033 6150878 5592339 X -193595 42218 X X 0 1 X 1 0 X 597690 952956 225893 3629 6799 1786967 4476137 4488424 4682153 4911894 5030750 23589358 5073827 5441380 4908046 4915523 5037549 25376325 0 0 0 25376325 1764 112 49 100199 35608 137732 1764 112 49 100199 35608 137732 24415 44175 47525 40316 156431 5100006 5485667 4955620 5056038 5073157 25670488 0.98850 0.98880 0.00540 0.00420 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2020 AMOUNT: $ 24,415. 2021 AMOUNT: $ 44,175. 2022 AMOUNT: $ 47,525. 2023 AMOUNT: $ 40,316. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 9574600 5605890 3968710 1405972 1116320 289652 84542 81166 3376 4261738 INTEREST RATE SWAP 49221 DUE TO RELATED PARTY 24654 73875 X 5103153 42218 42218 5060935 12222 12222 5073157 5254530 0 5254530 12222 12222 5266752 PART IV, LINE 2B: THE AMOUNTS HELD IN THE ESCROW ACCOUNT ARE RESIDENT FUNDS HELD FOR RESIDENTS. PART X, LINE 2: NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS SINCE THE ORGANIZATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS PROVIDED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 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 INTEREST EXPENSE. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAP CONTRACT 42,218. PART XI, LINE 4B - OTHER ADJUSTMENTS: CUSTODIAL AND MANAGEMENT FEES 12,222. PART XII, LINE 4B - OTHER ADJUSTMENTS: CUSTODIAL AND MANAGEMENT FEES 12,222. 0 0 0 0 0 0 0 0 0 LAURA DOS SANTOS ASSISTANT TREASURER 0 226011 0 0 0 0 0 4566 0 14981 0 245558 0 0 TAMMY SUMMIEL EXECUTIVE DIRECTOR 113643 0 0 0 0 0 28380 0 24063 0 166086 0 0 0 JAMES JAHNZ DIRECTOR 0 147677 0 0 0 0 0 2772 0 11921 0 162370 0 0 CHERYL GOMES DIRECTOR OF NURSING 109313 0 0 0 0 0 22576 0 23956 0 155845 0 0 0 A RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORPORATION 521300173 2016-09-29 6717000 TO FINANCE PAY-OFF OF BOND LIABILITY ISSUED ON 12/19/2007. 0 0 0 A 3929503 6717000 91461 6625539 2007 1 0 1 1 A 0 0 1 0 0 1 MERILL LYNCH CAPITAL SERVICES 4.840000000000 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 2 OFFICERS BISHOP RICHARD G. HENNING, PRESIDENT/TREASURER UNTIL 10/24, MSGR. ALBERT A. KENNEY, VICE PRESIDENT UNTIL 10/24 AND THEN PRESIDENT AND TREASURER FROM 10/24, REV. TIMOTHY D. REILLY, SECRETARY, AND LAURA DOS SANTOS, ASST. TREASURER, HAVE A BUSINESS RELATIONSHIP AMONG EACH OTHER AND WITH DIRECTOR JAMES JAHNZ BECAUSE THEY ARE EMPLOYED BY A RELATED ORGANIZATION,THE ROMAN CATHOLIC DIOCESE OF PROVIDENCE, OF WHICH THE OFFICERS AND BOARD MEMBERS ALSO SERVE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY TAX ADVISORS OF A NATIONAL ACCOUNTING FIRM WITH INFORMATION PROVIDED BY MANAGEMENT. THE DIOCESE'S HEALTH FACILITIES MANAGEMENT SERVICE GROUP AND THE EXECUTIVE DIRECTOR REVIEW THE 990 PRIOR TO FILING. THE 990 IS ALSO MADE AVAILABLE TO ALL MEMBERS OF GOVERNANCE FOR REVIEW BEFORE FILING. UPON REVIEW AND APPROVAL, THE RETURN IS FILED WITH THE IRS. A COPY IS SUBMITTED TO THE FISCAL OFFICE AT THE DIOCESE OF PROVIDENCE AND ONE IS KEPT AT THE BUSINESS OFFICE. FORM 990, PART VI, SECTION B, LINE 12C ALL KEY EMPLOYEES AND MEMBERS OF THE BOARD OF DIRECTORS ARE ASKED TO READ THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND ANNUALLY THEY ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST. THE EXECUTIVE DIRECTOR AND THE FINANCE DIRECTOR REVIEW ALL POTENTIAL CONFLICTS OF INTEREST DISCLOSED BY KEY EMPLOYEES AND DETERMINE IF AN ACTUAL CONFLICT EXISTS. IF AN INDIVIDUAL HAS A CONFLICT, THE EXECUTIVE DIRECTOR AND THE DIRECTOR OF FINANCE REPORT THIS INFORMATION TO THE BOARD OF DIRECTORS. ALL MEMBERS OF THE BOARD OF DIRECTORS ARE ASKED TO DISCLOSE ANY CONFLICTS OF INTEREST, AND DEPENDING UPON THE CONFLICT THEY ARE ASKED TO RECUSE THEMSELVES FROM DISCUSSIONS AND VOTING ON THE RELATED ISSUE. ALL DECISIONS ARE RECORDED IN THE MINUTES OF THE BOARD OF DIRECTORS' MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS FUNCTIONS AS A COMPENSATION COMMITTEE IN DETERMINING COMPENSATION FOR THE ADMINISTRATOR AND OFFICERS. IN MAKING ITS DECISION ON COMPENSATION, IT TAKES INTO ACCOUNT THE COMPENSATION PAID TO SIMILAR ADMINISTRATORS AT COMPARABLE NON-PROFIT ORGANIZATIONS IN THE AREA. THE COMMITTEE CONSIDERS THE PERFORMANCE OF THE ORGANIZATION DURING THE REVIEW PERIOD AND CONSIDERS THE ADMINISTRATOR'S SUCCESS IN ACHIEVING ORGANIZATIONAL GOALS. THE ADMINISTRATOR REVIEWS THE COMPENSATION OF ALL OTHER EMPLOYEES. IN MAKING A DECISION ON THE AMOUNT OF COMPENSATION, THE ADMINISTRATOR TAKES INTO ACCOUNT THE COMPENSATION PAID TO SIMILAR EXECUTIVES, PERFORMING SIMILAR TYPES OF DUTIES, AT COMPARABLE NON-PROFIT ORGANIZATIONS IN THE RHODE ISLAND AREA. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION HAS A WRITTEN EMPLOYEE PROTECTION (WHISTLEBLOWER) POLICY THAT IS DISTRIBUTED TO ALL NEW EMPLOYEES. FORM 990, PART VII: GARRETT SULLIVAN IS EMPLOYED AND COMPENSATED BY SAINT ANTOINE RESIDENCE, A RELATED ORGANIZATION. SAINT ANTOINE RESIDENCE PROVIDES BOOKKEEPING AND MANAGEMENT SERVICES TO THE FRASSATI RESIDENCE D/B/A THE VILLA AT SAINT ANTOINE, SOME OF WHICH IS PROVIDED BY MR. SULLIVAN. AS SUCH, A PORTION OF HIS COMPENSATION IS INCLUDED IN THE CALCULATION OF THE $100,000 OF BOOKKEEPING AND MANAGEMENT SERVICE FEE CHARGED BY SAINT ANTOINE RESIDENCE TO THE FRASSATI RESIDENCE. FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP CONTRACT 42,218. FORM 990 PART XII, LINE 2C: THE DIOCESE HEALTH MANAGEMENT SERVICES GROUP AND THE EXECUTIVE DIRECTOR ARE RESPONSIBLE FOR OVERSIGHT OF THE COMPLETION OF THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED BY THE DIOCESE HEALTH MANAGEMENT SERVICES GROUP AND THE EXECUTIVE DIRECTOR AND SUBMITTED TO THE ADVISORY BOARD AND CORPORATE BOARD. DIOCESAN ADMINISTRATION CORPORATION 1 CATHEDRAL SQUARE PROVIDENCE RI 02903 050508345 ROMAN CATHOLIC ORGANIZATION RI 501(C)(3) LINE 1 N/A 0 DIOCESAN SERVICE CORPORATION 1 CATHEDRAL SQUARE PROVIDENCE RI 02903 050493814 ROMAN CATHOLIC ORGANIZATION RI 501(C)(3) LINE 1 N/A 0 SAINT ANTOINE RESIDENCE 10 RHODES AVENUE NORTH SMITHFIELD RI 02896 050275443 PROVISION OF CARE AND HOUSING FOR THE ELDERLY RI 501(C)(3) LINE 10 N/A 0 THE SAINT CLARE HOME 309 SPRING STREET NEWPORT RI 02840 050258990 PROVISION OF CARE AND HOUSING FOR THE ELDERLY RI 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 DIOCESAN ADMINISTRATION CORPORATION P 677017 CASH DIOCESAN ADMINISTRATION CORPORATION M 132644 CASH SAINT ANTOINE RESIDENCE M 100000 CASH