2025-11-06T13:13:06-06:00 2024-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2024-01-01 050510787 OCEAN STATE ASSISTED LIVING OCEA 4017737400 5 SAINT ELIZABETH WAY EAST GREENWICH RI 02818 MATTHEW R TRIMBLE PRESIDENT 4017737400 2025-10-31 1 1 MICHAEL CRISCIONE P01456801 4014214800 2025-10-31 2024 2025-03-06 01:10:19Z THE SEASONS EAST GREENWICH MATTHEW R TRIMBLE 5 SAINT ELIZABETH WAY EAST GREENWICH RI 02818 6851661 0 X THESEASONS.ORG X 2000 RI ASSISTED LIVING COMMUNITY AND DEMENTIA CARE RESIDENCES. 13 13 84 2 0 0 16500 7099 7197755 7571307 152807 1023872 0 -5523653 7367062 3078625 0 0 0 0 2976474 3293107 0 0 0 3532227 3757477 6508701 7050584 858361 -3971959 17728418 13061356 14865444 14783579 2862974 -1722223 THE MISSION OF OCEAN STATE ASSISTED LIVING (OSAL) IS TO PROVIDE A BALANCE OF COMMUNITY, WELLNESS AND ASSISTED LIVING SERVICES TO INDEPENDENT AND MEMORY IMPAIRED RESIDENTS WHILE PROMOTING RESIDENT QUALITY OF LIFE, DIGNITY AND MAXIMUM INDEPENDENCE. 0 0 6572701 0 7571307 PROVIDING QUALITY CARE WITH 64 TRADITIONAL ASSISTED LIVING APARTMENTS AND 20 DEMENTIA CARE RESIDENCES. 6572701 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 17 0 84 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MARK LOISELLE CFO 4018849099 2364 POST ROAD 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 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 HAIGOUHI CORRIVEAU EXECUTIVE DIRECTOR 40.00 0.00 X 140649 0 7837 MATTHEW TRIMBLE PRESIDENT AND CEO 8.00 32.00 X 0 311080 25026 MARK LOISELLE CHIEF FINANCIAL OFFICER 5.50 34.50 X 0 223447 13897 ROBERTA MERKLE VP-STRATEGIC INITIATIVES 5.00 35.00 X 0 179307 13273 MARILYN DIMARIA MEDICAL TECHNICIAN 40.00 0.00 X 101225 0 6954 PATRICIA MANCINI DIRECTOR OF WELLNESS 40.00 0.00 X 114575 0 11840 356449 713834 78827 3 0 1 0 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA GA 30368 FOOD/DINING 1226684 1 7099 7099 TENANT RENTS 623000 7056681 7056681 ANCILLARY SERVICES 623000 514626 514626 7571307 173057 173057 4623851 3761813 11223 862038 -11223 850815 850815 CREDIT LOSS ON LOAN FORGIVENESS 900099 -5523653 -5523653 -5523653 3078625 7571307 0 -4499781 X 148485 132812 15673 2586402 2313423 272979 21158 18922 2236 318874 285176 33698 218188 195131 23057 130287 130287 69348 69348 22027 22027 1639567 1603791 35776 56505 56505 13 13 38169 38169 802283 802283 18127 18127 261983 261983 580917 580917 138251 135162 3089 7050584 6572701 477883 0 2726057 2197140 7518 93199 63459 36691 15119106 11372652 3903663 3746454 3908011 0 7119710 6987872 17728418 13061356 533669 546292 0 190443 6429176 5854176 7902599 8192668 14865444 14783579 X 2852974 -1732223 10000 10000 2862974 -1722223 17728418 13061356 -3971959 -613238 0 X 0 1 X 1 0 X 94568 976729 117551 16500 7099 1212447 5076025 4543972 5778928 7197755 7571307 30167987 5170593 5520701 5896479 7214255 7578406 31380434 0 0 0 31380434 69005 85550 82448 128613 173057 538673 69005 85550 82448 128613 173057 538673 5239598 5606251 5978927 7342868 7751463 31919107 0.98310 0.98530 0.01690 0.01470 X 13552445 10169423 3383022 296735 116559 180176 962818 796045 166773 307108 290625 16483 3746454 OPERATING LEASE RIGHT-OF-USE ASSET 6920261 DEFERRED FINANCING FEES 44611 DEPOSITS WITH VENDORS 23000 6987872 OPERATING LEASE LIABILITY 7419782 ADVANCE DEPOSITS 612886 DUE TO OTHER 160000 8192668 X 2443360 -613238 -613238 3056598 22027 22027 3078625 7028557 0 7028557 22027 22027 7050584 PART X, LINE 2: OSAL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. AS A NOT-FOR-PROFIT ENTITY, OSAL IS SUBJECT TO UNRELATED BUSINESS INCOME TAX ("UBIT"), IF APPLICABLE. IN ACCORDANCE WITH FASB ASC 740, INCOME TAXES, OSAL APPLIES THE "MORE LIKELY THAN NOT" THRESHOLD TO THE RECOGNITION AND DERECOGNITION OF TAX POSITIONS FOR ITS FINANCIAL STATEMENTS. MANAGEMENT HAS EVALUATED OSAL'S TAX POSITIONS AND HAS CONCLUDED THAT THERE WERE NO UNCERTAIN TAX POSITIONS THAT QUALIFIED FOR EITHER RECOGNITION OR DISCLOSURE IN THESE FINANCIAL STATEMENTS. OSAL FILES AN INCOME TAX RETURN IN THE U.S. FEDERAL JURISDICTION. X X X X 0 0 0 0 0 0 0 0 0 MATTHEW TRIMBLE PRESIDENT AND 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 A RHODE ISLAND HEALTH AND EDUCATIONAL BUILDING CORP NONEAVAIL 2018-10-02 8901000 REFUND A PRIOR ISSUE; FACILITY CONSTRUCTION 0 0 0 A 3046824 8901000 116456 2001 0 1 1 1 A 0 0 0 0 0 0 1 A 0 0 1 0 1 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 4 THE SAINT ELIZABETH COMMUNITY PURCHASED 100% MEMBER INTEREST IN NOVEMBER 2024. FORM 990, PART VI, SECTION A, LINE 6 OCEAN STATE ASSISTED LIVING D/B/A THE SEASONS EAST GREENWICH ("OSAL") WAS INCORPORATED AS A RHODE ISLAND NON BUSINESS CORPORATION AND OBTAINED ITS TAX-EXEMPT STATUS AS A 501(C)(3) ORGANIZATION ON JANUARY 12, 2001. STEERE HOUSE NURSING & REHABILITATION CENTER ("STEERE") AND SCANDINAVIAN HOME, INC. D/B/A SCANDINAVIAN COMMUNITIES ("SCANDINAVIAN"), TWO RHODE ISLAND NON-PROFIT CORPORATIONS, WERE MEMBERS OF OSAL THROUGH NOVEMBER 14, 2024. AS OF NOVEMBER 15, 2024, THE SAINT ELIZABETH COMMUNITY BECAME THE SOLE MEMBER OF OSAL. OSAL IS GOVERNED BY THE SAINT ELIZABETH COMMUNITY'S BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7A THE RELATED ORGANIZATION - THE SAINT ELIZABETH COMMUNITY ESTABLISHES THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE SAINT ELIZABETH COMMUNITY AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO ISSUANCE AND RECOMENDS TO THE BOARD OF TRUSTEES TO ACCEPT THE FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD OF TRUSTEES AND SENIOR MANAGEMENT ARE REQUIRED TO SUBMIT ANNUAL DISCLOSURE STATEMENTS IN ACCORDANCE WITH OSAL'S CONFLICT OF INTEREST POLICY. ANY POTENTIAL CONFLICTS OF INTEREST THAT MAY ARISE PERIODICALLY MUST BE DISCLOSED TO THE BOARD. TO ENSURE THAT THE OSAL OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND DOES NOT ENGAGE IN ACTIVITIES THAT COULD JEOPARDIZE ITS TAX-EXEMPT STATUS, PERIODIC REVIEWS ARE CONDUCTED. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE PRESIDENT AND TOP MANAGEMENT IS DETERMINED BASED ON ANALYSIS PREPARED BY AN OUTSIDE COMPENSATION ANALYST THAT DETERMINES THE APPROPRIATENESS OF SALARIES. A SALARY SURVEY WAS COMPLETED FOR THE LEADERSHIP STAFF OF THE SAINT ELIZABETH COMMUNITY. RESULTS OF THE SURVEY ARE USED AND COMPARED AGAINST INDUSTRY STATISTICS AND INFLATION RATES IN DETERMINING APPROPRIATE COMPENSATION OF OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE SAINT ELIZABETH COMMUNITY LOCATION. FORM 990, PART IX, LINE 11G CONTRACTED DINING, HOUSEKEEPING AND MAINTENANCE: PROGRAM SERVICE EXPENSES 1,151,799. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,151,799. FOOD: PROGRAM SERVICE EXPENSES 392,302. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 392,302. OTHER FEES: PROGRAM SERVICE EXPENSES 59,690. MANAGEMENT AND GENERAL EXPENSES 28,976. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 88,666. BANK FEES AND SERV. CHARGES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,800. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,800. 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 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 APARTMENTS FOR SENIORS AND MOBILITY-IMPAIRED 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 SUITE 100 WARWICK RI 02886 050506057 RENTS LAND RI 501(C)(2) LINE 12A, I N/A 0 SAINT ELIZABETH HOME CARE 2364 POST ROAD SUITE 100 WARWICK RI 02886 474523236 HOME CARE RI 501(C)(3) LINE 10 N/A 0 SAINT ELIZABETH HOME EAST GREENWICH ONE SAINT ELIZABETH WAY GREENWICH RI 02818 050258998 OPERATES NURSING HOME RI 501(C)(3) LINE 10 N/A 0 ST ELIZABETH'S WORKERS' COMPENSATION TRUST 2364 POST ROAD SUITE 100 WARWICK RI 02886 050462175 SELF INSURED WORKERS' COMPENSATION TRUST RI 501(C)(3) LINE 12A, I N/A 0 THE SAINT ELIZABETH COMMUNITY 2364 POST ROAD SUITE 100 WARWICK RI 02886 050457342 SUPPORTING AND MAKING CONTRIBUTIONS TO THE RELATED ORGANIZATIONS RI 501(C)(3) LINE 12B, II N/A 0 ST ELIZABETH ASSISTED LIVING 109 MELROSE STREET PROVIDENCE RI 02907 050518113 OPERATES AN ASSISTED LIVING FACILITY RI N/A N/A 0 0 SEAL MELROSE INC 2364 POST ROAD WARWICK RI 02886 050518115 REAL ESTATE DEVELOPER RI N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 THE SAINT ELIZABETH COMMUNITY P 102156 FMV