2025-09-25T10:33:47-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 4 BATTERYMARCH PARK SUITE 100 QUINCY MA 02169 990 2024-01-01 222575208 BETHANY HOME FOUNDATION INC BETH 4018312870 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 STEPHANIE IGOE EXECUTIVE DIRECTOR 4018312870 2025-09-24 1 1 DANIELLE NIHILL P01350943 6177170831 2025-09-24 2024 2025-03-06 01:10:19Z STEPHANIE IGOE 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 983525 0 X N/A X 1985 RI TO PROVIDE AN INDEPENDENT LIVING PROGRAM FOR THE ELDERLY AND TO SUPPORT BETHANY HOME OF RHODE ISLAND. 8 8 0 9 0 0 0 5000 802023 965988 9489 12093 0 444 811512 983525 293814 432988 0 0 231851 238092 0 0 0 246740 264441 772405 935521 39107 48004 302173 387551 66053 97972 236120 289579 TO PROVIDE AN INDEPENDENT LIVING PROGRAM FOR THE ELDERLY AND TO SUPPORT BETHANY HOME OF RI, AN EXEMPT ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 0 0 768986 432988 965988 BETHANY HOME FOUNDATION MANAGES A 30-UNIT CONDOMINIUM RETIREMENT COMMUNITY HOME TO INDEPENDENT OLDER ADULTS IN SUPPORT OF BETHANY HOME OF RI, A 501(C)(3) NURSING FACILITY. 768986 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 RI X STEPHANIE IGOE 4018312870 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 SR JANE MCGARRAHAN BOARD CHAIR 2.00 5.00 X X 0 0 0 MARK CHAFEE TREASURER UNTIL 9/1/24 0.50 0.50 X X 0 0 0 JUD SAVISKAS TREASURER 0.50 0.50 X X 0 0 0 ANDREW SCHUPACK BOARD MEMBER 0.50 0.50 X 0 0 0 SR DONNA CONROY BOARD MEMBER 0.50 0.50 X 0 0 0 ELAINE HILL BOARD MEMBER 0.50 0.50 X 0 0 0 LUCY HANNA BOARD MEMBER 0.50 0.50 X 0 0 0 BELINDA JOHNSON BOARD MEMBER 0.50 0.50 X 0 0 0 DEBBY KELLEY BOARD MEMBER 0.50 0.50 X 0 0 0 STEPHANIE IGOE ADMINISTRATOR 4.00 36.00 X 15753 141775 21659 15753 141775 21659 1 0 1 0 0 5000 5000 COMMON FEES 532000 531300 531300 APPRECIATION INCOME ON 531390 432988 432988 PARKING FEES 531390 1700 1700 965988 12093 12093 MISCELLANEOUS INCOME 990999 444 444 444 983525 965988 0 12537 432988 432988 17919 17919 177663 73592 104071 2404 1148 1256 27334 10991 16343 12772 4860 7912 880 880 9137 9137 780 780 8237 8237 185181 185181 1835 1835 48029 48029 CAPITAL PURCHASES 10362 10362 935521 768986 166535 0 12992 56228 25547 20561 5550 1400 37369 23614 220715 280843 0 4905 302173 387551 7381 37374 58672 60598 66053 97972 X 236120 289579 236120 289579 302173 387551 48004 5455 0 X 1 X 0 1 0 X X 1 BETHANY HOME OF RHODE ISLAND 050258941 10 1 432988 0 1 432988 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 SCHEDULE A, PART I, LINE 12G, COLUMN VI BETHANY HOME OF RHODE ISLAND PROVIDES MANAGEMENT SERVICES TO BETHANY HOME FOUNDATION, INCLUDING ADMINISTRATIVE, MAINTENANCE, AND SECURITY SERVICES. 220715 58860 550 -718 280843 207222 53280 -14388 25399 220715 225606 53280 -2556 69108 207222 234541 56080 11396 76411 225606 234125 58080 1372 59036 234541 1.00000 0.00000 0.00000 0 0 0 MEMBERSHIP DEPOSITS 12500 DUE TO AFFILIATE 48098 60598 X PART V, LINE 4: THE FUNDS ARE SET ASIDE FOR THE SUPPORT OF THE GENERAL OPERATIONS OF BETHANY HOME FOUNDATION. PART X, LINE 2: NO PROVISION FOR FEDERAL AND STATE INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS SINCE THE FOUNDATION QUALIFIES AS A TAX-EXEMPT ORGANIZATION AS PROVIDED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE SERVICE (IRS) HAS CLASSIFIED THE FOUNDATION AS A PUBLIC CHARITY. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES, IF APPLICABLE, AS A COMPONENT OF ADMINISTRATIVE AND GENERAL EXPENSES. 1 BETHANY HOME OF RI INC 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 050258941 501(C)(3) 432988 0 TO PROVIDE FINANCIAL SUPPORT TO BETHANY HOME OF RI, INC. 1 X X 0 0 0 0 0 0 0 0 0 STEPHANIE IGOE ADMINISTRATOR 15753 141775 0 0 0 0 614 5526 1552 13967 17919 161268 0 0 PART I, LINE 3 THE ADMINISTRATORS COMPENSATION IS DETERMINED BY THE BOARD. THE BOARD REVIEWS CURRENT COMPENSATION ON A STATE AND NATIONAL LEVEL, AND COMPLETES THE REVIEW WITH RECOMMENDATIONS FOR WAGE ADJUSTMENTS. FORM 990, PART V, LINE 2A: COMPENSATION AND RELATED EXPENSES ARE PAID BY BETHANY HOME OF RHODE ISLAND. BETHANY HOME FOUNDATION REIMBURSES BETHANY HOME OF RHODE ISLAND FOR THE EXPENSES. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE OFFICERS AND SUCH OTHER DIRECTORS OF THE BETHANY HOME OF RHODE ISLAND APPOINTED BY THE BOARD OF DIRECTORS, IF ANY. THE EXECUTIVE COMMITTEE SHALL HAVE THE POWER TO ACT FOR AND IN PLACE OF THE BOARD OF DIRECTORS AT ANY TIME BETWEEN MEETINGS OF THE BOARD OF DIRECTORS AND WHEN ACTION BY THE BOARD IS NECESSARY. FORM 990, PART VI, SECTION B, LINE 11B 990 IS SENT TO THE BOARD PRIOR TO NEXT MEETING ARE VIA EMAIL IF IT NEEDS APPROVAL PRIOR TO THE NEXT BOARD MEETING. ANY CONCERNS THAT CAN'T BE ANSWERED WILL BE REFERRED TO THE CPA'S FOR CLARIFICATION. ONCE THE BOARD APPROVES 990 IS SIGNED BY STEPHANIE IGOE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY. THE POLICY IS MAINTAINED AND UPDATED WHEN NECESSARY BY THE ADMINISTRATOR. THE ADMINISTRATOR MONITORS ANY POSSIBLE CONFLICTS AT ALL TIME IN PARTICULAR IF THERE ARE ANY CHANGES IN BOARD MEMBERS OR KEY EMPLOYEES. SHOULD A CONFLICT ARISE, THE BOARD WILL CONVENE AND INVESTIGATE AS NEEDED. IF A VIOLATION OCCURS, THE BOARD WILL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15 THE ADMINISTRATORS COMPENSATION IS DETERMINED BY THE BOARD. THE BOARD REVIEWS CURRENT COMPENSATION ON A STATE AND NATIONAL LEVEL, AND COMPLETES THE REVIEW WITH RECOMMENDATIONS FOR WAGE ADJUSTMENTS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST. BETHANY HOME OF RHODE ISLAND 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 050258941 PROVISION OF LONG TERM CARE FOR THE ELDERLY RI 501(C)(3) LINE 10 BETHANY HOME FOUNDATION INC 1 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 BETHANY HOME OF RHODE ISLAND INC B 432988 CASH