2025-11-12T08:20:06-06:00 2024-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2024-01-01 050457342 THE SAINT ELIZABETH COMMUNITY SAIN 4017737400 2364 POST ROAD 100 WARWICK RI 02886 MATTHEW R TRIMBLE PRESIDENT & CEO 4017737400 2025-11-11 1 1 MICHAEL CRISCIONE P01456801 4014214800 2025-11-11 2024 2025-03-06 01:10:19Z MATTHEW R TRIMBLE 2364 POST ROAD 100 WARWICK RI 02886 14860741 0 X WWW.STELIZABETHCOMMUNITY.ORG X 1991 RI SUPPORTING AND MAKING DISTRIBUTIONS FROM ITS ASSETS TO RELATED ORGANIZATIONS TO FURTHER SUPPORT THEIR CHARITABLE PURPOSES OF PROVIDING NURSING, REHABILITATION, HOUSING, ASSISTED LIVING, ADULT DAY SERVICES, AND HOME CARE SERVICES. 13 13 0 0 0 0 1397413 1178487 148430 169449 649863 1226165 81662 5630635 2277368 8204736 5167820 4934271 0 0 0 0 0 0 94986 1399682 1482077 6567502 6416348 -4290134 1788388 26726950 28990613 1145365 1359659 25581585 27630954 SUPPORTING AND MAKING CONTRIBUTIONS TO ITS RELATED ORGANIZATIONS FROM ITS ASSETS. 0 0 4934271 4934271 FOR THE CHARITABLE PURPOSE OF SUPPORTING, BENEFITING, AND MAKING DISTRIBUTIONS TO ITS RELATED ORGANIZATIONS. 169449 MANAGEMENT SERVICES PROVIDER TO A RELATED MEMBER. 4934271 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 15 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MARK LOISELLE 4017737417 2364 POST RD WARWICK RI 02886 STEVEN W TILLEY CHAIR 2.00 9.50 X X 0 0 0 CLAIRE C FLAHERTY VICE CHAIR 2.00 9.50 X X 0 0 0 STEVEN H KITCHIN TREASURER 2.00 9.50 X X 0 0 0 JUDY W VIGAR SECRETARY 2.00 9.50 X X 0 0 0 CRAIG W CARPENTER IMMEDIATE PAST CHAIR 2.00 9.50 X 0 0 0 KRISTEN L DISANTO TRUSTEE 2.00 9.50 X 0 0 0 ROBIN DZIUBA TRUSTEE 2.00 9.50 X 0 0 0 FREDERICK G HARRISON TRUSTEE 2.00 9.50 X 0 0 0 TIMOTHY MURRAY TRUSTEE 2.00 9.50 X 0 0 0 MARK J PROVOST TRUSTEE 2.00 9.50 X 0 0 0 KIMBERLEY RANALLI TRUSTEE 2.00 9.50 X 0 0 0 SCOTT SEABACK TRUSTEE 2.00 9.50 X 0 0 0 PHILIP C SLOCUM TRUSTEE 2.00 9.50 X 0 0 0 MATTHEW R TRIMBLE PRESIDENT & CEO 0.50 39.50 X 0 311080 25026 MARK LOISELLE CHIEF FINANCIAL OFFICER 4.00 36.00 X 0 223447 13897 ROBERTA MERKLE VP-STRATEGIC INITIATIVES 5.00 35.00 X 0 179307 13273 ERICA BRYSON CHIEF PHILANTHROPY OFFICER 4.00 36.00 X 0 123347 11951 0 837181 64147 0 0 1 0 0 75220 887369 215898 1178487 MANAGEMENT FEE 561000 169449 169449 169449 395561 395561 7380620 6550016 830604 830604 830604 212971 75220 105989 106982 106982 CREDIT GAIN ON LOAN FORGIVENESS 900099 5523653 5523653 5523653 8204736 169449 0 6856800 4934271 4934271 77835 77835 33994 33994 81875 81875 39466 39466 48770 48770 62189 62189 63380 63380 4800 4800 4699 4699 62260 62260 12489 12489 11271 11271 GENERAL AND ADMINISTRAT 839151 839151 DEVELOPMENT EXPENSE 94986 94986 MEMBERSHIP DUES 25321 25321 DUES AND SUBSCRIPTIONS 8572 8572 11019 11019 6416348 4934271 1387091 94986 124653 0 16030 252334 367101 543891 4046 5798 456681 408195 59191 48486 16179335 13008416 9976594 15131688 26726950 28990613 962769 1072105 74685 82039 107911 102411 0 103104 1145365 1359659 X 25171489 27215324 410096 415630 25581585 27630954 26726950 28990613 1788388 260981 0 X 0 1 X 1 0 X X 6 SAINT ELIZABETH HOME EAST GREENWICH 050258998 10 1 2807865 0 ST ELIZABETH COMMUNITY WORKERS' COMPENSATION TRUST 050462175 10 1 137500 0 SAINT ELIZABETH ASSISTED LIVING 050518113 10 1 1184906 0 SAINT ELIZABETH ADULT DAY CENTERS 050429500 10 1 255800 0 SAINT ELIZABETH HOME CARE 474523236 10 1 548200 0 OCEAN STATE ASSISTED LIVING 050510787 10 1 0 0 6 4934271 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 1 SCHEDULE A, PART IV, LINE 5A: I) NAME AND EIN: OCEAN STATE ASSISTED LIVING D/B/A THE SEASONS EAST GREENWICH, 05-0510787 II) THE REASONS FOR EACH SUCH ACTION: THE ORGANZIATION WAS SOLD TO AN UNRELATED THIRD PARTY. III) THE AUTHORITY UNDER THE ORGANIZATION'S ORGANIZING DOCUMENT AUTHORIZING SUCH ACTION: YES IV) HOW THE ACTION WAS ACCOMPLISHED (SUCH AS BY AMENDMENT TO THE ORGANIZING DOCUMENT): DURING NOVEMBER 14, 2024. THE MEMBERSHIP INTERESTS PURCHASE AGREEMENT ENTERED INTO BY STEERE AND SCANDINAVIAN WITH THE SAINT ELIZABETH COMMUNITY ("COMMUNITY"), A RHODE ISLAND NON-PROFIT CORPORATION, REQUIRED THE LIQUIDATION OF OSAL'S INVESTMENTS OF $4,223,653 AND AN ADDITIONAL PAYMENT OF $1,300,000 TO BE PAID TO STEERE AND SCANDINAVIAN EQUALLY. COMMUNITY FUND THESE AMOUNTS THROUGH OSAL. SINCE COMMUNITY HAS NO INTENTION TO REPAY OSAL, THIS AMOUNT HAS BEEN REPORTED AS A CREDIT LOSS ON THE STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSET (DEFICIENCY) FOR THE YEAR ENDED DECEMBER 31, 2024. AS OF NOVEMBER 15, 2024, COMMUNITY BECAME THE SOLE MEMBER OF OSAL. OSAL IS GOVERNED BY COMMUNITY'S BOARD OF TRUSTEES. PART IV, LINE 11A THE SAINT ELIZABETH COMMUNITY HAS RECEIVED AND ACCEPTED CONTRIBUTIONS FROM MEMBERS OF THE BOARD OF TRUSTEES. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1310 1310 0 455371 406885 48486 48486 DUE FROM SAINT ELIZABETH ASSISTED LIVING L.P. 6337191 INVESTMENT IN OCEAN STATE ASSISTED LIVING 5523653 INVESTMENT IN SAINT ELIZABETH ASSISTED LIVING, L.P. 1007829 BENEFICIAL INTEREST 754247 DUE FROM SAINT ELIZABETH HOME, EAST GREENWICH 564606 DUE FROM SAINT ELIZABETH APARTMENTS FOR SENIORS AND MOBILITY IMPAIRED 384266 INVESTMENT IN SAINT ELIZABETH HOME CARE 325000 DUE FROM SAINT ELIZABETH HOME CARE 123936 DUE FROM SAINT ELIZABETH ADULT DAY CENTERS 50270 DUE FROM SAINT ELIZABETH APARTMENTS FOR SENIORS 28790 DUE FROM OCEAN STATE ASSISTED LIVING 21878 INVESTMENT IN SAINT ELIZABETH TERRACE 10000 DUE FROM SAINT ELIZABETH DEVELOPMENT CORPORATION 22 15131688 DUE TO SAINT ELIZABETH ASSISTED LIVING 85635 CASH OVERDRAFT 17469 103104 X 8383842 260981 260981 8122861 81875 81875 8204736 6334473 0 6334473 81875 81875 6416348 PART X, LINE 2: COMMUNITY QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY, COMMUNITY IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. COMMUNITY APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED COMMUNITY'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE. ROSEBIDS AUCTION 192688 55220 137468 23263 50004 GOLF TOURNAMENT 95503 20000 75503 32722 288191 75220 212971 23263 82726 105989 106982 1 SAINT ELIZABETH HOME EAST GREENWICH ONE SAINT ELIZABETH WAY EAST GREENWICH RI 02818 050258998 501(C)(3) 2807865 0 SUPPORT OF OPERATIONS SAINT ELIZABETH COMMUNITY WORKERS' COMPENSATION TRUST 2364 POST ROAD SUITE 100 WARWICK RI 02886 050462175 501(C)(3) 137500 0 SUPPORT OF OPERATIONS SAINT ELIZABETH HOME CARE 2364 POST ROAD SUITE 100 WARWICK RI 02886 474523236 501(C)(3) 548200 0 SUPPORT OF OPERATIONS SAINT ELIZABETH ADULT DAY CENTERS 140 WARWICK NECK AVENUE WARWICK RI 02889 050429500 501(C)(3) 255800 0 SUPPORT OF OPERATIONS SAINT ELIZABETH ASSISTED LIVING LP 109 MELROSE STEET PROVIDENCE RI 02907 050518113 N/A 1184906 0 SUPPORT OF OPERATIONS 4 1 PART I, LINE 2: COMMUNITY IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF SUPPORTING, BENEFITING AND MAKING DISTRIBUTIONS TO RELATED ORGANIZATIONS, WHICH ARE INVOLVED IN A NURSING FACILITY, ELDERLY HOUSING, ADULT DAY SERVICES, LOW INCOME HOUSING AND HOME CARE. 0 0 0 0 0 0 0 0 0 MATTHEW R TRIMBLE PRESIDENT & CEO 0 311080 0 0 0 0 0 9332 0 15694 0 336106 0 0 MARK LOISELLE CHIEF FINANCIAL OFFICER 0 223447 0 0 0 0 0 6703 0 7194 0 237344 0 0 ROBERTA MERKLE VP-STRATEGIC INITIATIVES 0 179307 0 0 0 0 0 5379 0 7894 0 192580 0 0 FORM 990, PART VI, SECTION A, LINE 6 COMMUNITY IS ORGANIZED AS A NON-STOCK NOT-FOR-PROFIT CORPORATION WITH MEMBERS WHO HAVE THE RIGHTS TO PARTICIPATE IN THE ORGANIZATION'S GOVERNANCE. FORM 990, PART VI, SECTION A, LINE 7A COMMUNITY ESTABLISHES THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWED THE FORM 990 PRIOR TO FILING AND RECOMMENDED TO THE BOARD OF TRUSTEES TO ACCEPT FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS, DIRECTORS AND KEY EMPLOYEES ARE REQUIRED TO REVIEW THE WRITTEN CONFLICT OF INTEREST POLICY ANNUALLY AND DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. SIGNED STATEMENTS ARE RETAINED BY COMMUNITY'S CEO AND ARE REVIEWED ANNUALLY BY BOTH COMMUNITY'S BOARD OF TRUSTEES AND CEO. FORM 990, PART VI, SECTION B, LINE 15A A SALARY SURVEY WAS COMPLETED FOR THE LEADERSHIP STAFF OF THE SAINT ELIZABETH COMMUNITY. RESULTS OF THE SURVEY ARE USED BY COMMUNITY AND COMPARED AGAINST INDUSTRY STATISTICS AND INFLATION RATES IN DETERMINING APPROPRIATE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AT COMMUNITY'S LOCATION - 2364 POST ROAD, SUITE 100 WARWICK, RI 02886. SAINT ELIZABETH HOME EAST GREENWICH 2364 POST ROAD WARWICK RI 02886 050258998 OPERATES NURSING HOME RI 501(C)(3) LINE 10 N/A 0 SAINT ELIZABETH APARTMENTS FOR SENIORS AND MOBILITY-IMPAIRED 700 WESTMINSTER STREET PROVIDENCE RI 02903 050392246 OPERATES APARTMENT COMPLEX FOR ELDERLY RI 501(C)(3) LINE 10 N/A 0 SAINT ELIZABETH DEVELOPMENT CORPORATION 2364 POST ROAD EAST GREENWICH RI 02886 050506057 RENTS LAND RI 501(C)(2) LINE 12A, I N/A 0 SAINT ELIZABETH APARTMENTS FOR SENIORS 150 WARWICK NECK AVENUE WARWICK RI 02889 264338544 ELDERLY HOUSING FACILITIES AND SERVICES RI 501(C)(3) LINE 10 N/A 0 SAINT ELIZABETH COMMUNITY WORKERS' COMPENSATION TRUST ONE SAINT ELIZABETH WAY EAST GREENWICH RI 02818 050462175 SELF INSURED WORKERS' COMPENSATION TRUST RI 501(C)(3) LINE 12A, I N/A 0 SAINT ELIZABETH ADULT DAY CENTERS 140 WARWICK NECK AVENUE WARWICK RI 02889 050429500 ADULT DAYCARE SERVICES RI 501(C)(3) LINE 10 N/A 0 SAINT ELIZABETH HOME CARE 2364 POST ROAD WARWICK RI 02886 474523236 HOME CARE RI 501(C)(3) LINE 10 N/A 0 OCEAN STATE ASSISTED LIVING 5 SAINT ELIZABETH WAY EAST GREENWICH RI 02818 050510787 OPERATES AN ASSISTED LIVING FACILITY RI 501(C)(3) LINE 10 N/A 0 SAINT ELIZABETH ASSISTED LIVING LP 109 MELROSE STREET PROVIDENCE RI 02907 050518113 OPERATES ASSISTED LIVING FACILITY RI N/A 0 0 SEAL MELROSE INC 2364 POST ROAD WARWICK RI 02886 050518115 REAL ESTATE DEVELOPER RI N/A C 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 SAINT ELIZABETH HOME EAST GREENWICH B 2807865 ACTUAL AMOUNT SAINT ELIZABETH ASSISTED LIVING B 1184906 ACTUAL AMOUNT SAINT ELIZABETH HOME CARE B 548200 ACTUAL AMOUNT SAINT ELIZABETH ADULT DAY CENTERS B 255800 ACTUAL AMOUNT SAINT ELIZABETH COMMUNITY WORKERS' COMPENSATION TRUST B 137500 ACTUAL AMOUNT SAINT ELIZABETH ASSISTED LIVING L 169449 ACTUAL AMOUNT