2018-11-14T13:46:15-06:00 2018-06-30 420714325 RSM US LLP 1861 INTERNATIONAL DRIVE SUITE 400 MCLEAN VA 22102 990 2017-07-01 273201131 ABILITIES AT MORNINGSIDE II INC ABIL 7275387370 2735 WHITNEY ROAD CLEARWATER FL 337601610 DAVID HODGE EXECUTIVE VP & CFO 7275387370 2018-11-10 1 YONG ZHANG CPA P01249785 7033366400 66.98.98.16 2018-11-10 13:26:01 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 9C094809E1B7091F026DF4A8AB44F39DF27D1C5E 2017 2019-02-21 02:37:17Z JANET SAMUELSON 2735 WHITNEY ROAD CLEARWATER FL 337601610 63633 0 X N/A X 2010 FL TO PROVIDE LOW-INCOME HOUSING FOR INDIVIDUALS WITH SEVERE DISABILITIES. 5 5 0 5 0 0 0 0 60758 63474 159 159 0 0 60917 63633 0 0 0 0 18829 19512 0 0 0 68652 66884 87481 86396 -26564 -22763 1117508 1087981 1284784 1278020 -167276 -190039 TO PROVIDE LOW-INCOME HOUSING FOR INDIVIDUALS WITH SEVERE DISABILITIES. 0 0 69517 63474 THE ORGANIZATION RENTS REHABILITATED HOUSING FACILITIES TO PEOPLE WITH SEVERE PHYSICAL DISABILITIES WHO ARE CLASSIFIED AS LOW INCOME. 69517 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 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 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X GENE THOMAS 7276008929 2735 WHITNEY ROAD CLEARWATER FL 337601610 BARBARA PAGE CHAIRMAN (THRU 07/26/17) 0.10 0.90 X X 0 0 0 MARY TWOHEY SECRETARY/TREASURER (THRU 07/26/17) 0.10 0.90 X X 0 0 0 JAN DODGE-LARSON DIRECTOR (THRU 07/26/17) 0.10 0.90 X 0 0 0 DAWN CRUZ CHAIRMAN (AS OF 07/27/17) 0.10 0.90 X X 0 0 0 ROB SUMNER VICE CHAIRMAN (AS OF 07/27/17) 0.10 0.90 X X 0 0 0 SCOTT MACKSUM SECRETARY (AS OF 07/27/17) 0.10 0.90 X X 0 0 0 SHIRLEY QUINNELL-FRIEDLANDER TREASURER (AS OF 07/27/17) 0.10 0.90 X X 0 0 0 DIANE MCADAMS DIRECTOR (AS OF 07/27/17) 0.10 0.90 X 0 0 0 JANET SAMUELSON PRESIDENT & CEO 1.00 39.00 X 0 477157 26204 DAVID HODGE EXECUTIVE VP & CFO 1.00 39.00 X 0 395784 3732 LISA CICCOLELLI PRESIDENT 1.00 39.00 X 0 95536 13368 0 968477 43304 0 0 1 0 0 TENANT ASSISTANCE 900099 46491 46491 RENT INCOME 900099 16983 16983 63474 159 159 63633 63474 0 159 19512 12000 7512 5998 5998 3369 3369 5352 5352 3468 3468 66 66 27085 27085 1821 1821 CONDOMINIUM FEES 18254 18254 OTHER EXPENSES 1338 1338 TAXES AND LICENSES 133 133 86396 69517 16879 0 165514 163218 954 421 3055 3442 1083412 162512 947985 920900 1117508 1087981 37782 31018 200000 200000 1047002 1047002 1284784 1278020 X -167276 -190039 -167276 -190039 1117508 1087981 -22763 0 X X 0 1 X 1 0 X 28412 45170 54301 60758 63474 252115 28412 45170 54301 60758 63474 252115 0 0 0 252115 155 156 160 159 159 789 155 156 160 159 159 789 28567 45326 54461 60917 63633 252904 0.99690 0.99600 0.00310 0.00400 X 24395027 971711 1419425 90250 333767 25000 26337146 25498672 177306 1540306 90000 2706267 24990 24395027 24869034 684625 523575 90000 463573 24989 25498672 17358456 6974748 1051206 90000 400387 24989 24869034 14714040 1287251 2026945 60000 584872 24908 17358456 1.00000 0 1 1 1083412 162512 920900 920900 HUD CAPITAL ADVANCE 1033300 INTERCOMPANY PAYABLE 11500 TENANT SECURITY DEPOSIT 2202 1047002 X 15331953 15268320 15268320 63633 0 63633 16423525 16337129 16337129 86396 0 86396 PART V, LINE 4: BOARD DESIGNATED AND QUASI-ENDOWMENTS FUNDS CONSIST OF MARKETABLE SECURITIES HELD BY SERVICESOURCE, INC. AND OPPORTUNITY CENTER, INC. THE INVESTMENT INCOME FROM THESE FUNDS IS AVAILABLE TO PROVIDE FOR CERTAIN PROGRAMS AND INITIATIVES OF THE ORGANIZATION. IN ADDITION, THE BOARD OF TRUSTEES OF SERVICESOURCE FOUNDATION, INC. HAS DESIGNATED $177,306 AND $1,950,000 FOR THE FRIENDSHIP HOUSE AND DISABILITY RESOURCE CENTER, RESPECTIVELY. PART X, LINE 2: MANAGEMENT HAS EVALUATED THE ORGANIZATION'S TAX POSITIONS AND HAS CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT. THE ORGANIZATION FILES TAX RETURNS IN THE U.S. FEDERAL AND STATE OF FLORIDA JURISDICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: INTEREST IN FOUNDATION -2,499,573. HFI REVENUE IN CONSOLIDATING FINANCIAL STATEMENTS 1,009,611. HFI SPACE COAST REVENUE IN CONSOLIDATING FINANCIAL STATEMENTS 69,515. HUD REVENUE IN CONSOLIDATED FINANCIAL STATEMENTS 1,992,755. ABILITIES OF FLORIDA REVENUE IN CONSOLIDATED FINANCIAL STATEMENTS 15,382,563. NET ASSETS ASSUMED FROM ACQUISITIONS -686,551. PART XII, LINE 2D - OTHER ADJUSTMENTS: HUD EXPENSES IN CONSOLIDATED FINANCIAL STATEMENTS 2,353,537. HFI EXPENSES IN CONSOLIDATED FINANCIAL STATEMENTS 1,724,374. HFI SPACE COAST EXPENSES IN CONSOLIDATED FINANCIAL STATEMENTS 72,943. ABILITIES OF FLORIDA EXPENSE IN CONSOLIDATED FINANCIAL STATEMENTS 12,186,275. 0 0 0 0 0 0 0 0 0 JANET SAMUELSON PRESIDENT & CEO 0 379960 0 86000 0 11197 0 0 0 26204 0 503361 0 0 DAVID HODGE EXECUTIVE VP & CFO 0 317266 0 75000 0 3518 0 0 0 3732 0 399516 0 0 FORM 990, PART VI, SECTION B, LINE 11B AFTER THE EXTENSIVE INTERNAL REVIEW, THE RETURNS ARE MADE AVAILABLE TO THE MEMBERS OF THE AUDIT COMMITTEE AND BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS AND REQUEST FOR A FORMAL MEETING PRIOR TO FILING, IF DEEMED NECESSARY. THE FINAL 990 RETURN IS POSTED TO THE ORGANIZATION'S WEBSITE FOR INTERNAL USE. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN A DISCLOSURE FORM IDENTIFYING BUSINESS INTERESTS, EMPLOYMENT RELATIONSHIPS AND PROPERTY INTERESTS, AND THOSE OF RELATED PARTIES. THE ORGANIZATION HAS SPECIFIC BOARD-LEVEL POLICIES REGARDING DISCLOSURE OF CONFLICT OF INTEREST FOR BOARD MEMBERS. THE CHAIR OF THE BOARD AND THE CEO REGULARLY REVIEW THE COMPOSITION OF THE BOARD FOR ANY POTENTIAL CONFLICTS OF INTERESTS AND CONSULT WITH LEGAL COUNSEL IF NECESSARY. THE BOARD CHAIR MAY ASK THE INVOLVED INDIVIDUAL TO RECUSE THEMSELVES DURING DISCUSSIONS ON ANY MATTER RELATING TO A POTENTIAL CONFLICT OF INTEREST. THE ORGANIZATION MAINTAINS BUSINESS CODE OF ETHICS AND CONFLICT OF INTEREST POLICIES THAT ALL EMPLOYEES ARE REQUIRED TO FOLLOW. ALL KEY EMPLOYEES, INCLUDING OFFICERS, ARE REQUIRED TO PARTICIPATE IN ANNUAL TRAINING ON THE ORGANIZATION'S CODE OF BUSINESS ETHICS, INCLUDING CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C: THE PROCESS FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT THAT AUDITED THE FINANCIAL STATEMENTS HAS BEEN CONSISTENT WITH PRIOR YEARS. FORM 990, PART VII AND SCHEDULE J: ABILITIES AT MORNINGSIDE II, INC. DOES NOT COMPENSATE ANYONE SHOWN IN PART VII OF THE FORM 990 OR SCHEDULE J, PART II. THE COMPENSATION SHOWN IN THESE SECTIONS IS PAID BY SERVICESOURCE, INC., THE ORGANIZATION'S RELATED ORGANIZATION. ABILITIES AT MORNINGSIDE II, INC. RELIES ON THE COMPENSATION DETERMINATION METHODOLOGY OF SERVICESOURCE, INC. THE FOLLOWING IS THE COMPENSATION METHODOLOGY USED BY SERVICESOURCE, INC.: COMPENSATION FOR SERVICESOURCE'S CEO IS DETERMINED BY THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THIS INDEPENDENT DETERMINATION INCLUDES THE USE OF DATA FOR SIMILAR POSITIONS AT COMPARABLE ORGANIZATIONS AND THE COMPENSATION ARRANGEMENT IS DOCUMENTED WHEN DECIDED BY THE BOARD OF DIRECTORS. AN INDEPENDENT COMPENSATION CONSULTANT CONDUCTS AN EXECUTIVE SALARY SURVEY FOR ALL SENIOR EXECUTIVES ON AN ANNUAL BASIS, WITH THE RESULTS OF THE SURVEY BEING REVIEWED AND CONSIDERED BY THE BOARD OF DIRECTORS FOR DETERMINATION OF THE CEO'S COMPENSATION. COMPENSATION FOR OTHER OFFICERS ARE ALSO DETERMINED BASED ON EXECUTIVE PAY STUDIES AND AN EXECUTIVE SALARY SURVEY CONDUCTED BY A LEADING CONSULTING FIRM THAT ARE CONDUCTED ANNUALLY. COMPENSATION FOR OTHER KEY EMPLOYEES AND EXECUTIVES ARE DETERMINED BASED ON PERIODIC MARKET ANALYSIS. ABILITIES AT BARTONS LANDING INC 2735 WHITNEY ROAD CLEARWATER FL 33760 510614539 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES NC 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT BRIAR CLIFF INC 2735 WHITNEY ROAD CLEARWATER FL 33760 341979530 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES NC 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT CASABLANCA INC 2735 WHITNEY ROAD CLEARWATER FL 33760 593555080 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT COLLEGE PINES INC 2735 WHITNEY ROAD CLEARWATER FL 33760 223849262 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT CRESTVIEW II INC 2735 WHITNEY ROAD CLEARWATER FL 33760 454134490 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT CRESTVIEW INC 2735 WHITNEY ROAD CLEARWATER FL 33760 311765941 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT CUMBERLAND TOWERS INC 2735 WHITNEY ROAD CLEARWATER FL 33760 261686054 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES NC 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT EAGLES NEST INC 2735 WHITNEY ROAD CLEARWATER FL 33760 510530353 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT ENGLISH PARK INC 2735 WHITNEY ROAD CLEARWATER FL 33760 510530355 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT FOUNTAIN SQUARE INC 2735 WHITNEY ROAD CLEARWATER FL 33760 593317443 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT MORNINGSIDE INC 2735 WHITNEY ROAD CLEARWATER FL 33760 593317445 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT PARKLANE INC 2735 WHITNEY ROAD CLEARWATER FL 33760 593617978 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT SAN JUAN II INC 2735 WHITNEY ROAD CLEARWATER FL 33760 510491999 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT SAN JUAN INC 2735 WHITNEY ROAD CLEARWATER FL 33760 550807511 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT SIERRA APARTMENTS INC 2735 WHITNEY ROAD CLEARWATER FL 33760 650462958 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT ST ANDREWS COVE INC 2735 WHITNEY ROAD CLEARWATER FL 33760 223849222 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT WINDJAMMER I & II INC 2735 WHITNEY ROAD CLEARWATER FL 33760 593352353 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT WINDOVER INC 2735 WHITNEY ROAD CLEARWATER FL 33760 593555082 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES AT WOODSIDE INC 2735 WHITNEY ROAD CLEARWATER FL 33760 593352350 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 ABILITIES INC OF FLORIDA 2735 WHITNEY ROAD CLEARWATER FL 33760 590874493 TO SERVE THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 CENTRAL FAIRFAX SERVICES INC 6860 COMMERCIAL DRIVE SPRINGFIELD VA 22151 540855731 TO SERVE THOSE WITH DISABILITIES VA 501(C)(3) LINE 2 SERVICESOURCE INC 0 EMPLOYMENT SOURCE INC 600 AMES STREET FAYETTEVILLE NC 28301 562253814 PROVIDE EMPLOYMENT, TRAINING & OTHER SERVICES TO PERSONS WITH DISABILITIES NC 501(C)(3) LINE 11 SERVICESOURCE INC 0 HOMES FOR INDEPENDENCE SPACE COAST INC 2735 WHITNEY ROAD CLEARWATER FL 33760 262799386 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES FL 501(C)(3) LINE 11 SERVICESOURCE INC 0 HOMES FOR INDEPENDENCE INC 2735 WHITNEY ROAD CLEARWATER FL 33760 593342379 TO SERVE THOSE WITH DISABILITIES FL 501(C)(3) LINE 7 SERVICESOURCE INC 0 HOMES FOR INDEPENDENCE INC (DELAWARE) 2735 WHITNEY ROAD CLEARWATER FL 33760 274867827 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES DE 501(C)(3) LINE 11 SERVICESOURCE INC 0 HOMES FOR INDEPENDENCE INC (NC) 2735 WHITNEY ROAD CLEARWATER FL 33760 262833829 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES NC 501(C)(3) LINE 11 SERVICESOURCE INC 0 HOMES FOR INDEPENDENCE INC (VIRGINIA) 2735 WHITNEY ROAD CLEARWATER FL 33760 274868301 TO PROVIDE LOW INCOME HOUSING FOR THOSE WITH DISABILITIES VA 501(C)(3) LINE 11 SERVICESOURCE INC 0 OPPORTUNITY CENTER INC 3030 BOWERS STREET WILMINGTON DE 19802 510079778 TO SERVE THOSE WITH DISABILITIES DE 501(C)(3) LINE 11 SERVICESOURCE INC 0 SERVICESOURCE EMPLOYMENT SERVICES INC 10467 WHITE GRANITE DRIVE OAKTON VA 22124 562226062 TO SERVE THOSE WITH DISABILITIES NC 501(C)(3) LINE 11 SERVICESOURCE INC 0 SERVICESOURCE FOUNDATION INC 10467 WHITE GRANITE DRIVE OAKTON VA 22124 201438270 TO SERVE THOSE WITH DISABILITIES VA 501(C)(3) LINE 7 SERVICESOURCE INC 0 SERVICESOURCE INC 10467 WHITE GRANITE DRIVE OAKTON VA 22124 540901256 TO SERVE THOSE WITH DISABILITIES VA 501(C)(3) LINE 11 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 PART II: ABILITIES AT MORNINGSIDE II, INC. IS PART OF THE SERVICESOURCE FLORIDA REGIONAL OFFICE IS ONE OF FIVE NOT-FOR-PROFIT 501(C)(3) ORGANIZATIONS GOVERNED BY A SHARED MEMBER VOLUNTEER BOARD OF DIRECTORS. THE FIVE REGIONAL OFFICES REMAIN SEPARATE LEGAL ENTITIES BUT ARE COMMONLY BRANDED AS "SERVICESOURCE." GENERAL CORPORATE AND OVERHEAD EXPENSES AND SALARIES ARE SPREAD ACROSS ALL REGIONAL OFFICES ACCORDING TO APPROPRIATE ALLOCATION METHODOLOGY AND BASED ON THE PERCENTAGE OF SUPPORT TO THE SPECIFIC REGIONAL OFFICE. THIS STRUCTURE ALLOWS FOR MAINTENANCE OF MUCH LOWER CORPORATE OVERHEAD RATE AS A PERCENTAGE OF REVENUE TO ENSURE THAT ADEQUATE FUNDS ARE DIRECTED SPECIFICALLY TO PROGRAM OPERATIONS. SERVICESOURCE IS OPERATIONALLY COMPRISED OF THE VIRGINIA REGIONAL OFFICE BASED IN OAKTON, VIRGINIA; THE FLORIDA REGIONAL OFFICE IN CLEARWATER, FLORIDA; THE NORTH CAROLINA REGIONAL OFFICE IN FAYETTEVILLE, NORTH CAROLINA; AND THE DELAWARE REGIONAL OFFICE IN WILMINGTON, DELAWARE. WITH OPERATIONS IN TEN STATES AND THE DISTRICT OF COLUMBIA, SERVICESOURCE COLLECTIVELY SERVES MORE THAN 25,000 INDIVIDUALS WITH DISABILITIES ANNUALLY THROUGH A RANGE OF INNOVATIVE AND VALUED EMPLOYMENT, TRAINING, HABILITATION, HOUSING AND OTHER SUPPORT SERVICES.