2014-11-10T13:55:20-06:00 2013-12-31 061009205 BLUM SHAPIRO & COMPANY PC CPAS 50 HOLDEN STREET PROVIDENCE RI 02908 990 2013-01-01 222575208 BETHANY HOME FOUNDATION INC BETH 4018312870 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 ELIZABETH SARRO EXECUTIVE DIRECTOR 4018312870 2014-11-04 1 DONALD SULLIVAN P00059830 4012725600 2013 2015-11-30 17:44:51Z ELIZABETH SARRO 111 SOUTH ANGELL ST PROVIDENCE RI 02906 497727 0 X N/A X 1988 RI THE EXEMPT PURPOSE IS 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 IRS CODE. 16 15 0 0 0 0 1565 0 592095 479930 26497 17797 953 0 621110 497727 0 0 0 0 129497 130580 0 0 0 713452 588379 842949 718959 -221839 -221232 717885 536367 151847 168406 566038 367961 THE EXEMPT PURPOSE IS 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 IRS CODE. 0 0 546373 479930 BETHANY HOME FOUNDATION INDEPENDENT LIVING PROGRAM PROVIDES INDEPENDENT LIVING FOR THE ELDERLY IN A 30 UNIT COMMUNITY. 546373 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 X 3 0 1 0 0 0 0 0 0 0 0 0 0 0 X 16 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X BETHANY HOME FOUNDATION INC 4018312870 111 SOUTH ANGELL STREET PROVIDENCE RI 02906 CAROLINE W KNOWLES BOARD MEMBER/FIN COMMITTEE 1.00 X 0 0 0 JANE G PARKER BOARD MEMBER 1.00 X 0 0 0 LYNN C HUNTER VICE CHAIR 1.00 X X 0 0 0 PRESTON A ATWOOD BOARD MEMBER/FIN COMMITTEE 1.00 X 0 0 0 ALEXANDER G LYLE BOARD MEMBER/FIN COMMITTEE 1.00 X 0 0 0 RITA WARNOCK BOARD MEMBER 1.00 X 0 0 0 GAIL P PEET BOARD MEMBER 1.00 X 0 0 0 W PARISH LENTZ ESQ CHAIRMAN OF THE BOARD 1.00 X X 0 0 0 DORIS DONOVAN SECRETARY 1.00 X X 0 0 0 VIRGINIA HOWARD BOARD MEMBER 1.00 X 0 0 0 FERDINAND JONES BOARD MEMBER 1.00 X 0 0 0 PETER M SCOTTI BOARD MEMBER 1.00 X 0 0 0 MARK CHAFEE TREASURER/FIN COMMITTEE 1.00 X X 0 0 0 ELIZABETH OLIVEIRA BOARD MEMBER 1.00 X 0 0 0 MERCEDES QUEVEDO BOARD MEMBER 1.00 X 0 0 0 MICHELLE GEREZ PRESIDENT/ADMINISTRATOR 4.00 40.00 X 11004 96237 0 11004 96237 0 0 0 0 0 0 COMMON FEES 532000 466432 466432 APPRECIATION INCOME ON 531390 10698 10698 PARKING FEES 531390 2800 2800 479930 17797 17797 497727 479930 0 17797 11004 11004 94381 94381 16957 16957 8238 8238 27516 27516 7972 7972 228524 228524 142 142 38768 35471 3297 DONATIONS 228844 228844 CAPITAL PURCHASES 53392 53392 MISCELLANEOUS EXPENSE 3221 3221 718959 546373 172586 0 25517 33055 98926 1342 0 10356 12446 17595 21990 21990 142 0 580854 474019 717885 536367 32896 51203 118951 117203 151847 168406 X 566038 367961 566038 367961 717885 536367 -221232 23155 0 X X 1 X 0 1 0 X X 0 0 0 BETHANY HOME OF RHODE ISLAND 050258941 9 1 1 1 228844 1 228844 580854 74778 40952 222565 474019 712755 177975 74713 384589 580854 604776 368939 -13737 247223 712755 335192 343647 15042 89105 604776 429524 67980 -19049 143263 335192 1.00000 0 0 5400 5400 0 6500 6500 0 10090 10090 0 0 MEMBERSHIP DEPOSITS 92500 DUE TO AFFILIATE 20733 DEFERRED FEES 3970 117203 X PART V, LINE 4: THE FUNDS ARE SET ASIDE FOR THE SUPPORT OF THE GENERAL OPERATIONS OF BETHANY HOME FOUNDATION'S FACILITY. PART X, LINE 2: THE FOUNDATION ADOPTED GUIDANCE IN ASC 740, INCOME TAXES, RELATING TO UNCERTAIN TAX POSITIONS. THIS GUIDANCE PRESCRIBES A TWO STEP PROCESS FOR THE MEASUREMENT OF UNCERTAIN TAX POSITIONS THAT HAVE BEEN TAKEN OR ARE EXPECTED TO BE TAKEN ON A TAX RETURN. THE FIRST STEP IS A DETERMINATION OF WHETHER THE TAX POSITION SHOULD BE RECOGNIZED IN THE FINANCIAL STATEMENTS. THE SECOND STEP DETERMINES THE MEASUREMENT OF THE TAX POSITION. SUCH POSITIONS FOR A NONPROFIT CORPORATION WOULD INCLUDE THE NONPROFIT ORGANIZATION'S STATUS AS AN EXEMPT ENTITY, WHETHER THE ORGANIZATION'S ACTIVITIES ARE RELATED TO ITS TAX EXEMPT PURPOSE AND, IF APPLICABLE, HOW THE ORGANIZATION ALLOCATES REVENUE AND EXPENSES BETWEEN ITS EXEMPT PURPOSE AND UNRELATED BUSINESS ACTIVITIES. ASC 740 ALSO PROVIDES GUIDANCE ON DERECOGNITION OF SUCH TAX POSITIONS, CLASSIFICATION, POTENTIAL INTEREST AND PENALTIES, AND DISCLOSURE. NO UNCERTAIN TAX POSITIONS WITHIN THE SCOPE OF ASC 740 EXIST AS OF DECEMBER 31, 2013. W PARISH LENTZ ESQ MEMBER OF BOARD 12526 LEGAL FEES PAID TO DIRECTOR'S LAW FIRM FOR SERVICES RENDERED. THE BOARD MEMBER IS A PARTNER IN THE FIRM. 0 FORM 990, PART V, LINE 2A SALARIES 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 B, LINE 11 THE BOARD OF DIRECTORS REVIEWS THE FORM 990 AND THE PRESIDENT/ADMINISTRATOR OF BETHANY FOUNDATION, INC. HAS THE AUTHORITY TO SIGN THE FORM 990. 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. FORM 990, PART VI, SECTION B, LINE 15 THE ADMINISTRATOR'S SALARY IS DETERMINED BY THE BOARD OF DIRECTORS. THE BOARD TAKES INTO ACCOUNT THE COMPENSATION PAID TO SIMILAR ADMINISTRATORS AT COMPARABLE NON-PROFITS IN THE AREA. ADDITIONALY, THE BOARD CONSIDERS THE ADMINISTRATOR'S SUCCESS IN ACHIEVING THE ORGANIZATIONAL GOALS. THE DISCUSSIONS AND DECISION OF THE ADMINISTRATOR SALARY ARE DOCUMENTED BY THE BOARD OF DIRECTORS DURING THE BOARD MEETING. THE ADMINISTRATOR REVIEWS ALL OTHER EMPLOYEES FOR COMPENSATION. THE ADMINISTRATOR COMPARES COMPENSATION OF SMALL INDEPENDENT LIVING FACILITIES IN THE AREA WHEN DETERMINING A COMPETITIVE SALARY. 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. PART XII, LINE 2C THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE ANNUAL COMPILATION OF BETHANY HOME FOUNDATION'S FINANCIAL STATEMENTS. PART VII, SECTION A MICHELLE GEREZ IS THE ADMINISTRATOR OF BETHANY HOME FOUNDATION, INC. SHE IS ALSO THE PRESIDENT/ADMINISTRATOR OF BETHANY HOME OF RHODE ISLAND. HER TIME IS SPLIT BETWEEN THE TWO ORGANIZATIONS. SALARY AND BENEFITS ARE REIMBURSED BY BETHANY HOME FOUNDATION TO BETHANY HOME FOR THE TIME SPENT ON BETHANY HOME FOUNDATION. THE HOURS LISTED IN PART VII ARE THE AVERAGE HOURS PER WEEK SPENT WORKING ON BETHANY HOME FOUNDATION. 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 9 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0