2013-05-14T11:35:09-05:00 2012-06-30 420714325 MCGLADREY LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2011-07-01 520591664 BLIND INDUSTRIES & SERVICES OF MARYLAND BLIN 4107372600 3345 WASHINGTON BLVD BALTIMORE MD 21227 HOLLY BETH STANLEY 4107372600 2013-05-13 1 JULIA FLANNERY CPA P00928918 4102469300 2011 2016-02-24 21:20:13Z FREDERICK PUENTE 3345 WASHINGTON BLVD BALTIMORE MD 21227 84492779 0 X WWW.BISM.ORG X 1908 MD SEE SCHEDULE O. 11 11 339 5 0 0 730508 750161 193367 286016 180678 72933 6418532 9405387 7523085 10514497 0 0 0 0 3945451 5279403 36611 100376 208136 3651404 4913294 7633466 10293073 -110381 221424 37298186 38737509 20781168 22353892 16517018 16383617 X TO PROVIDE STABLE CAREER OPPORTUNITIES, INNOVATIVE REHABILITATION PROGRAMS, QUALITY PRODUCTS AND SERVICES, AND TO DEVELOP RESOURCES FOR TRAINING AND EDUCATION. 0 0 5024853 9401402 INDUSTRIES DIVISION, OFFICE STORES, CUTTING & SEWING DIVISIONS, AND VENDING PROVIDING EMPLOYMENT AND VOCATIONAL TRAINING TO APPROXIMATELY 230 ADULT BLIND AND SEVERELY MULTIPLE DISABLED BLIND OF MARYLAND. 1397391 309301 PROGRAM FOR REHABILITATION, SOCIAL SERVICES AND VOCATIONAL TRAINING FOR THE ADULT BLIND AND SEVERELY MULTIPLE DISABLED OF MARYLAND. PROVIDED TRAINING TO APPROXIMATELY 1206 BLIND INDIVIDUALS THROUGH VARIOUS PROGRAMS AND PROVIDED AIDS & APPLIANCES TO APPROXIMATELY 132 BLIND INDIVIDUALS.BISM CONTINUES TO MOVE TOWARDS OUR GOAL OF PROVIDING SERVICES TO PEOPLE OF ALL AGES WHO ARE BLIND OR VISUALLY IMPAIRED BY OFFERING THE FOLLOWING PROGRAMS: YOUTH SERVICESBISM OFFERS TWO RESIDENTIAL PROGRAMS FOR BLIND YOUTHS. THE "WORK FOR INDEPENDENCE" PROGRAM FOR HIGH SCHOOL STUDENTS AND "INDEPENDENCE 101" FOR MIDDLE SCHOOL AGED CHILDREN. THESE PROGRAM PARTICIPANTS ATTEND DAILY CLASSES REGARDING BLINDNESS, ASSISTIVE TECHNOLOGY, BRAILLE, CANE TRAVEL, AND INDEPENDENT LIVING. ALL OF THIS OCCURS WHILE LIVING IN AN APARTMENT WITH BLIND ADULT ROLE-MODELS. THE FINAL COMPONENT OF THIS PROGRAM IS A WORK EXPERIENCE FOR THE OLDER STUDENTS.BISM ALSO HAS A MENTORING PROGRAM WHICH PLACES BLIND HIGH SCHOOL AND COLLEGE AGE STUDENTS WITH SUCCESSFUL BLIND ADULT MENTORS. CORE PROGRAM BISM'S COMPREHENSIVE ORIENTATION, REHABILITATION, AND EMPOWERMENT (CORE) PROGRAM TEACHES BLIND AND VISUALLY IMPAIRED ADULTS THE SKILLS OF BLINDNESS SO THEY CAN BECOME EMPLOYED, PURSUE POST-SECONDARY EDUCATION, AND REGAIN CONTROL OF THEIR LIVES. CONFIDENCE BUILDING IS AN ESSENTIAL ELEMENT OF THE PROGRAM AND IS REINFORCED WITH EACH ACCOMPLISHMENT. CORE STUDENTS ARE TAUGHT BY BLIND INSTRUCTORS AND LEARN NON-VISUAL METHODS IN A CLASSROOM SETTING. THE CURRICULUM INCLUDES BRAILLE, LONG WHITE CANE TRAVEL, INDEPENDENT LIVING, AND ASSISTIVE COMPUTER TECHNOLOGY, ADJUSTMENT TO BLINDNESS SEMINARS, PHYSICAL FITNESS, WOODSHOP, AND OFF-SITE TRAINING. THE CORE PROGRAM GENERALLY REQUIRES SEVEN TO TEN MONTHS TO COMPLETE.CORE IS A RESIDENTIAL PROGRAM AND WE CONSIDER RESIDENTIAL LIVING THE ESSENTIAL COMPONENT DESIGNED TO INTEGRATE SKILLS DEVELOPED THROUGHOUT TRAINING. STUDENTS LIVE IN APARTMENTS IN AN URBAN SETTING AND ARE RESPONSIBLE FOR SHOPPING, MEAL PREPARATION, CLEANING, AND MONEY MANAGEMENT. STUDENTS ALSO ORGANIZE AND PARTICIPATE IN COMMUNITY OUTREACH, BISM FUNDRAISERS, AND GROUP ACTIVITIES. THROUGH UTILIZATION OF CLASSROOM TAUGHT BLINDNESS SKILLS OUTSIDE OF THE REHABILITATION BUBBLE, OUR STUDENTS LEARN NOT ONLY INDEPENDENCE SKILLS BUT WHAT IT TAKES TO BECOME SUCCESSFUL PROFESSIONALLY AND PERSONALLY.SENIOR PROGRAM BISM'S SENIOR SERVICES OFFERS LIFE SKILLS TRAINING, SUPPORT GROUPS, RESOURCE MATERIALS, HOME INSTRUCTION, ADAPTED DEVICE DEMONSTRATIONS AND COMMUNITY OUTINGS FOR BLIND AND LOW VISION SENIORS. THE GOAL OF ALL BISM SENIOR SERVICES PROGRAMS IS TO EMPOWER BLIND AND LOW VISION SENIOR CITIZENS WITH THE SKILLS AND CONFIDENCE NECESSARY TO LIVE AN INDEPENDENT, FULFILLING LIFE.THE SENIORS ACHIEVING INDEPENDENT LIVING (SAIL) PROGRAM'S CURRICULUM INCLUDES CLASSES IN BRAILLE, CANE TRAVEL, INDEPENDENT HOME LIVING, ASSISTIVE COMPUTER TECHNOLOGY, ADJUSTMENT TO BLINDNESS SEMINARS, GARDENING AND LEISURE ACTIVITIES. WITH THE SKILLS ACQUIRED AT BISM, SENIOR PARTICIPANTS BECOME BETTER EQUIPPED TO MANAGE THEIR DAILY NEEDS, REMAIN IN THEIR OWN HOMES, RESUME SOCIAL ACTIVITIES, INCREASE THEIR QUALITY OF LIFE AND AVOID UNNECESSARY PLACEMENT IN COSTLY ASSISTED LIVING FACILITIES. 6422244 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 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 0 1 36 0 1 339 1 0 0 0 0 0 1 1 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 MD X HOLLY BETH STANLEY CPA 4107372600 3345 WASHINGTON BLVD BALTIMORE MD 21227 DONALD J MORRIS 2.00 X X 1150 0 0 WILLIAM HADLOCK 2.00 X X 850 0 0 GEORGE LITTRELL 2.00 X 950 0 0 WALTER BROWN 2.00 X X 800 0 0 JAMES BERENS 2.00 X X 0 0 0 JERRY MOSCHEL 2.00 X 0 0 0 MILLICENT MORRIS 2.00 X 700 0 0 MARTHA SEABROOKS 2.00 X 1100 0 0 PETER GEHLBACH 2.00 X 750 0 0 CAROLYN HESS JOHNSON 2.00 X 950 0 0 MICHAEL GOSSE 2.00 X 0 0 0 FREDERICK PUENTE 40.00 X 475111 0 37896 HOLLY BETH STANLEY 40.00 X 120911 0 19805 KENNETH BARNETT 40.00 X 218048 0 23655 JACK GRIZZEL 40.00 X 189413 0 26075 GREGG KALIFUT 40.00 X 184982 0 23373 CHARLES COLLIER JR 40.00 X 179339 0 27121 GUIDO DEROSSI 40.00 X 136552 0 24033 THOMAS OWENS 40.00 X 101251 0 24270 1612857 0 206228 8 0 1 0 SUNTRUST MERCHANT SERVICES PO BOX 6600 HAGERSTOWN MD 21741 CREDIT CARD PROCESSING FEES 680000 SHOREGOOD WATER COMPANY 101 FRANK M ADAMS INDUSTRIAL WAY FEDERALSBURG MD 21632 WATER PRODUCTION 303789 SUNTECK TRANSPORT COMPANY 6413 CONGRESS AVENUE SUITE 260 BOCA RATON FL 33487 FREIGHT 157140 UPS & UPS FREIGHT PO BOX 650580 DALLAS TX 75265 FREIGHT 109885 ADP INC PO BOX 842875 BOSTON MA 02284 PAYROLL SERVICES 108603 5 77626 581292 91243 750161 REHABILITATION FEES 624310 216915 216915 AWARDS 900099 66412 66412 AIDS & APPLIANCE REVEN 900099 2689 2689 286016 125376 125376 956755 23000 944688 87510 12067 -64510 -52443 -52443 46478 77626 67583 -21105 -21105 1805 0 1805 1805 82279903 72878501 9401402 9401402 MISCELLANEOUS 900099 23285 23285 23285 10514497 9710703 0 53633 1208471 510187 698284 3054431 1223630 1751183 79618 182182 95617 86565 508994 263104 243792 2098 325325 169705 150377 5243 17096 17096 41676 41676 33400 33400 100376 100376 72619 72619 49409 49409 100817 94259 1258 5300 205539 92647 110593 2299 202318 192360 8545 1413 318692 279426 38410 856 123565 43046 79665 854 320702 320702 919904 600664 319240 102322 87348 14974 REHABILITATION COSTS 1317348 1317348 CREDIT CARD FEES 794969 794661 308 VEHICLE REPAIRS & FUEL 124478 70075 54403 LETTER OF CREDIT FEES 112037 112037 56403 46632 9771 10293073 6422244 3662693 208136 6390 7100 6086971 7073388 7055799 7305140 347809 27208525 12414355 14662854 14794170 9209769 9202617 276403 7285 37298186 38737509 7347208 9193640 7400000 7000000 5640524 5477975 393436 682277 20781168 22353892 X 16490018 16356617 27000 27000 16517018 16383617 37298186 38737509 X 221424 -354825 X 0 1 0 X 0 X 767119 675659 902365 730508 750161 3825812 767119 675659 902365 730508 750161 3825812 3825812 315439 206936 103205 100861 125376 851817 84688 26916 26222 3606 48283 189715 4867344 402148324 0.78600 0.78780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 33400 33400 10259673 10293073 664654 166164 0 0 474443 510190 531673 664654 2180960 3271440 35056 32700 33461 33400 134617 118611 127548 132918 166164 545241 817862 35056 32700 33461 33400 134617 PART IV, SUPPLEMENTAL INFORMATION: BLIND INDUSTRIES AND SERVICES OF MARYLAND WORKS TO EDUCATE THE LEGISLATIVE REPRESENTATIVES IN ANNAPOLIS, MARYLAND OF OUR PROCUREMENT PREFERENCE THAT WE HOLD WITHIN THE STATE. WE DO THIS THROUGH MEETINGS BOTH IN PERSON AND ON THE PHONE. BISM WORKS WITH A PROFESSIONAL LAW FIRM TO PROTECT OUR PROCUREMENT PREFERENCE AS IT OFTEN COMES UNDER ATTACK FROM OTHER PRIVATE AND PUBLIC ENTITIES AND CONSUMER GROUPS. 2377590 2377590 15960964 5199715 10761249 8282346 6690776 1591570 587625 523864 63761 14794170 INTEREST RATE SWAP 682277 682277 10514497 10293073 221424 -65984 -288841 -354825 -133401 83038173 -65984 72589660 72523676 10514497 0 10514497 83171574 72878501 72878501 10293073 0 10293073 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THEPOSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION,INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AREMEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPONSETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONSTAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE WOULD BE REFLECTED AS A LIABILITY FORUNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION, ALONG WITH ANY ASSOCIATEDINTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. AS OF JUNE 30, 2012 AND 2011, THERE WERE NO MATERIAL UNRECOGNIZED/DERECOGNIZED BENEFITS OR TAX PENALTIES OR INTEREST. BISM IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS ENDING BEFORE JUNE 30, 2009. PART XI, LINE 8 - OTHER ADJUSTMENTS: LOSS ON INTEREST RATE SWAP -288,841. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS 72,878,501. INTEREST RATE SWAP -288,841. PART XIII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS 72,878,501. X X X 1 ECHO COMMUNICATE INC 6100 SEAFORTH ST BALTIMORE MD 21224 DIRECT MAIL CAMPAIGN 0 13199 77077 -63878 13199 77077 -63878 MD GOLF TOURNAMENT 92685 71450 21235 750 10320 500 27396 19874 MARDI GRAS 16500 16500 4 14919 6176 8743 2000 6743 124104 77626 46478 750 10320 2500 27396 26617 67583 -21105 X X X X 0 0 0 1 0 0 0 0 0 FREDERICK PUENTE 242686 0 231750 0 675 0 22000 0 15896 0 513007 0 0 0 KENNETH BARNETT 217385 0 0 0 663 0 21500 0 2155 0 241703 0 0 0 JACK GRIZZEL 178729 0 10000 0 684 0 16500 0 9575 0 215488 0 0 0 GREGG KALIFUT 184301 0 0 0 681 0 21500 0 1873 0 208355 0 0 0 CHARLES COLLIER JR 178631 0 0 0 708 0 16500 0 10621 0 206460 0 0 0 GUIDO DEROSSI 135904 0 0 0 648 0 22000 0 2033 0 160585 0 0 0 PART I, LINE 5 SEVERAL EMPLOYEES LISTED IN PART VII RECEIVE A COMMISSION BASED ON A % OF EXEMPT FUNCTION SALES. MARYLAND ECONOMIC DEVELOPMENT CORPORATION 521376562 5742ONAQ4 2004-10-01 10000000 ACQUISITION AND RENOVATION OF FACILITIES 0 1 0 3000000 10000000 260340 9739660 2005 0 0 1 1 0 0 0 0 1 0 1 1 BANK OF AMERICA 23.500000000000 0 0 0 0 0 ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 REHABILITATION, TRAINING, AND EMPLOYMENT OF BLIND AND LOW VISION INDIVIDUALS. WE POSITIVELY CHANGE PEOPLE'S ATTITUDES TOWARD BLINDNESS. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE PRESIDENT, SENIOR DIRECTOR, CHIEF ACCOUNTING OFFICER AND THE CONTROLLER BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. IT IS ALSO REVIEWED BY THE TREASURER OF THE BOARD OF TRUSTEES AND MADE AVAILABLE TO THE REST OF THE BOARD OF TRUSTEES TO COMMENT UPON, IF THEY CHOSE TO DO SO, BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. IT IS ALSO DISCUSSED AT THE NEXT MEETING OF THE BOARD OF TRUSTEES, WHERE ANY CONCERNS/ QUESTIONS ARE ADDRESSED. FORM 990, PART VI, SECTION B, LINE 12C WE REGULARLY AND CONSISTENTLY MONITOR AND ENFORCE COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY BY REQUIRING THE FOLLOWING: EACH NEW PERSON SERVING AS AN OFFICER, ASSOCIATE OR MEMBER OF THE BOARD OF TRUSTEES SHALL BE REQUIRED TO REVIEW A COPY OF OUR POLICY AND TO ACKNOWLEDGE IN WRITING THAT HE OR SHE HAS DONE SO. EACH PERSON SERVING AS AN OFFICER, ASSOCIATE OR MEMBER OF THE BOARD OF TRUSTEES (RESPONSIBLE PERSON) SHALL ANNUALLY COMPLETE A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFLICT OF INTEREST ARISING. SUCH RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES MIGHT INCLUDE SERVICE AS A DIRECTOR OF OR CONSULTANT TO A NONPROFIT ORGANIZATION, OR OWNERSHIP OF A BUSINESS THAT MIGHT PROVIDE GOODS OR SERVICES TO BISM. ANY SUCH INFORMATION REGARDING BUSINESS INTERESTS OF A RESPONSIBLE PERSON OR A FAMILY MEMBER SHALL BE TREATED AS CONFIDENTIAL AND SHALL GENERALLY BE MADE AVAILABLE ONLY TO THE CHAIR, THE PRESIDENT, AND ANY COMMITTEE APPOINTED TO ADDRESS CONFLICTS OF INTEREST, EXCEPT TO THE EXTENT ADDITIONAL DISCLOSURE IS NECESSARY IN CONNECTION WITH THE IMPLEMENTATION OF OUR POLICY. OUR POLICY SHALL BE REVIEWED ANNUALLY BY EACH MEMBER OF THE BOARD OF TRUSTEES. ANY CHANGES TO THE POLICY SHALL BE COMMUNICATED IMMEDIATELY TO ALL RESPONSIBLE PERSONS. FORM 990, PART VI, SECTION B, LINE 15A THE SENIOR DIRECTOR PROVIDES THE BOARD OF TRUSTEES WITH A COMPILATION OF SALARIES FOR THE POSITION OF PRESIDENT IN AGENCIES FOR THE BLIND THAT ARE COMPARABLE TO OUR AGENCY AS WELL AS A SALARY SURVEY OF NOT-FOR-PROFIT ORGANIZATIONS. THE BOARD OF TRUSTEES REVIEWS INFORMATION REGARDING COMPENSATION LEVELS FOR THE PRESIDENT'S PEERS, THEY TARGET A RANGE OF COMPENSATION THAT IS APPLIED TO THE PRESIDENT BASED ON THE SCOPE OF HIS JOB, EXPERIENCE AND CAPABILITIES AND THEN LOOK AT HIS INDIVIDUAL PERFORMANCE FOR A GIVEN YEAR. ALL THESE ELEMENTS FACTOR INTO COMPENSATION FOR THAT YEAR. FORM 990, PART VI, SECTION C, LINE 19 OUR GOVERNING DOCUMENTS ARE AVAILABLE AT THE STATE OF MARYLAND DEPARTMENT OF ASSESSMENTS AND TAXATION WEBSITE. GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND THE FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION DURING NORMAL BUSINESS HOURS AT OUR HEADQUARTERS OR CAN BE MAILED UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -65,984. LOSS ON INTEREST RATE SWAP -288,841. TOTAL TO FORM 990, PART XI, LINE 5: -354,825. MARYLAND MANUFACTURING SERVICES INC 2240 NORTHWOOD DRIVE SALISBURY MD 21801 300002955 EMPLOYMENT & TRAINING TO ECONOMICALLY DISADVANTAGED & UNDEREMPLOYED PERSONS MD 501(C)(3) LINE 11C, III-FI N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 SCHEDULE R, PART II, RELATED ORGANIZATION MARYLAND MANUFACTURING SERVICES, INC. IS AN INDEPENDENT 501(C)(3) ORGANIZATION HAVING ITS OWN BOARD OF TRUSTEES AND ACTS INDEPENDENT OF BLIND INDUSTRIES & SERVICES OF MARYLAND.