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Nonprofit · EIN 47-5272934

PINES OF SARASOTA HEALTHCARE LLC

Tax-exempt · SARASOTA, FL 34236

Financials

$30.9M$68.5M2022$28.1M$30.3M2023$30M$30.8M2024
Revenue Expenses · by fiscal year end
Financials of PINES OF SARASOTA HEALTHCARE LLC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$29,960,261$30,822,007-$861,746$13,481,208$17,466,799-$3,985,591
December 31, 2023990$28,107,337$30,347,106-$2,239,769$8,306,469$11,430,457-$3,123,988
December 31, 2022990$30,945,217$68,462,852-$37,517,635$9,164,348$10,011,640-$847,292
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,954,993
of which government grants
$4,000
Program service revenue
$27,976,695
Investment income
$22,643
Net rental income
$1,000
Net income from sales of inventory
$4,930
Other revenue
$5,930

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$963,553
Other salaries and wages
$13,498,650
Salaries, compensation and benefits (total)
$17,639,284
Professional fundraising fees
$0
Occupancy
$1,842,503
Depreciation
$36,691
Program services (functional)
$27,524,879
Management and general (functional)
$3,297,128

Balance sheet and other

Total assets, start of year
$8,306,469
Total assets, end of year
$13,481,208
Total liabilities, end of year
$17,466,799
Net assets, end of year
-$3,985,591
Net assets without donor restrictions
-$3,985,591
Gross receipts
$30,587,649
Employees
525
Volunteers
153
Year formed
2015
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHAEL WARDPRESIDENT/CEO
Key employee
40$305,410$22,804
DAVID ANTHONYNURSING HOME ADMINISTRATOR
Key employee
40$227,136$10,987
JESSICA ELDRIDGE-MOOREDIR OF NURSING
Highest-paid employee
40$226,480$8,245
BRUCE BLAKECHIEF FINANCIAL OFFICER
Key employee
40$206,869$10,644
HELEN KUENZNERVP OF HUMAN RESOURCES
Key employee
40$179,403$300
AMANDA COLLIERALF ADMINISTRATOR
Highest-paid employee
40$168,517$6,715
MOSHA FIELDS-JONESASSISTAND DIR OF NURSING W
Highest-paid employee
40$127,443$4,661
PERICLES SIMEONHIGH COMPENSATED EMPLOYEE
Highest-paid employee
40$124,295$0
JANE HUNDERCHAIR
Trustee or director, Officer
1$0$0
DOUGLAS CHERRY ESQDIRECTOR
Trustee or director
1$0$0
ALLISON IMRE PERKOWSKIDIRECTOR
Trustee or director
1$0$0
JEFFREY SCHMIDTVICE CHAIR
Trustee or director, Officer
1$0$0
LAWRENCE BOWMAN CICSECRETARY
Trustee or director, Officer
1$0$0
ROBERT ASZTALOSDIRECTOR
Trustee or director
1$0$0
KYLE BATTIEDIRECTOR
Trustee or director
1$0$0
10 more people on this return
NameTitleHours / weekCompensation
JEFFREY M BIRNBACHDIRECTOR
Trustee or director
1$0
KYLE HEMBREEDIRECTOR
Trustee or director
1$0
JOYCE JOHNSONDIRECTOR
Trustee or director
1$0
SCOTT MAYFORTHDIRECTOR
Trustee or director
1$0
ALEXA PARKER CLARKDIRECTOR
Trustee or director
1$0
JASON HUGHES CFP CPWA CEPADIRECTOR
Trustee or director
1$0
LISA LYONS CPAASSISTANT TREASURER
Trustee or director, Officer
1$0
KAREN OLIVER RN BSN FCCWS LNCDIRECTOR
Trustee or director
1$0
JACK MEREDITHDIRECTOR
Trustee or director
1$0
D RYAN THOMPSONTREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 27 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL WARDPRESIDENT/CEO
Officer
40$276,534$11,327
DAVID ANTHONYNURSING HOME ADMINISTRATOR
Key employee
40$217,000$10,864
JESSICA ELDRIDGE-MOOREDIR OF NURSING
Key employee
40$206,757$8,116
BRUCE BLAKECHIEF FINANCIAL OFFICER
Officer
40$195,580$10,478
HELEN KEUNZNERVICE PRESIDENT HUMAN RESOU
Key employee
40$170,135$42
AMANDA MORRISHIGH COMPENSATED EMPLOYEE
Highest-paid employee
40$139,465$6,274
PERICLES SIMEONHIGH COMPENSATED EMPLOYEE
Highest-paid employee
40$139,282$0
MOSHA FIELDS-JONESASSISTAND DIR OF NURSING W
Highest-paid employee
40$129,257$3,296
AMANDA COLLIERALF ADMINISTRATOR
Highest-paid employee
40$108,499$9,183
AMENDA HARRISONHIGH COMPENSATED EMPLOYEE
Highest-paid employee
40$112,539$2,890
JANE HUNDERCHAIR
Trustee or director, Officer
1$0$0
DOUGLAS CHERRYDIRECTOR
Trustee or director
1$0$0
ALLISON IMRE PERKOWSKIDIRECTOR
Trustee or director
1$0$0
JEFFREY SCHMIDTVICE CHAIR
Trustee or director, Officer
1$0$0
LAWRENCE BOWMANSECRETARY
Trustee or director, Officer
1$0$0
BOB ASZTALOSDIRECTOR
Trustee or director
1$0$0
KYLE BATTIEDIRECTOR
Trustee or director
1$0$0
JEFFREY M BIRNBACHDIRECTOR
Trustee or director
1$0$0
KYLE BOOTHDIRECTOR
Trustee or director
1$0$0
JOYCE JOHNSONDIRECTOR
Trustee or director
1$0$0
SCOTT MAYFORTHDIRECTOR
Trustee or director
1$0$0
ALEXA PARKER CLARKDIRECTOR
Trustee or director
1$0$0
LORI SUTTONDIRECTOR
Trustee or director
1$0$0
LISA LYONSASSISTANT TREASURER
Trustee or director, Officer
1$0$0
KAREN OLIVERDIRECTOR
Trustee or director
1$0$0
DAMON ROMANELLODIRECTOR
Trustee or director
1$0$0
D RYAN THOMPSONTREASURER
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2022: 27 people
NameTitleHours / weekCompensationOther / benefits
MICHAEL WARDPRESIDENT/CEO
Officer
40$268,636$27,483
BRUCE BLAKECHIEF FINANCIAL OFFICER
Officer
40$207,394$25,379
DAVID ANTHONYNURSING HOME ADMINISTRATOR
Key employee
40$202,000$13,236
JESSICA ELDRIDGE-MOOREDIR OF NURSING
Key employee
40$180,982$6,165
HELEN KEUNZNERVICE PRESIDENT HUMAN RESOU
Key employee
40$163,904$1,782
JUNE CLIFFORDLPN - UNIT MANAGER
Highest-paid employee
40$139,222$18,872
MOSHA FIELDS-JONESASSISTAND DIR OF NURSING WEEKEND
Highest-paid employee
40$137,121$1,564
JOICE KURIAKOSERN
Highest-paid employee
40$123,176$12,243
FRANCIS DACUNTOSTAFFING MANAGER
Highest-paid employee
40$114,873$2,305
AMANDA COLLIERALF ADMINISTRATOR
Highest-paid employee
40$107,734$8,570
JANE HUNDERCHAIR
Trustee or director, Officer
1$0$0
KEN ABRAHAMDIRECTOR
Trustee or director
1$0$0
EDDIE MORTONDIRECTOR
Trustee or director
1$0$0
JEFFREY SCHMIDTVICE CHAIR
Trustee or director, Officer
1$0$0
LAWRENCE BOWMANSECRETARY
Trustee or director, Officer
1$0$0
BOB ASZTALOSDIRECTOR
Trustee or director
1$0$0
KYLE BATTIEDIRECTOR
Trustee or director
1$0$0
JEFFREY M BIRNBACHDIRECTOR
Trustee or director
1$0$0
KYLE BOOTHDIRECTOR
Trustee or director
1$0$0
DAVID BOYETTEDIRECTOR
Trustee or director
1$0$0
RUTH RANCKDIRECTOR
Trustee or director
1$0$0
ALEXA PARKER CLARKDIRECTOR
Trustee or director
1$0$0
SHERRY KOSKIDIRECTOR
Trustee or director
1$0$0
LISA LYONSASSISTANT TREASURER
Trustee or director, Officer
1$0$0
KAREN OLIVERDIRECTOR
Trustee or director
1$0$0
DAMON ROMANELLODIRECTOR
Trustee or director
1$0$0
D RYAN THOMPSONTREASURER
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
1501 N ORANGE AVE, SARASOTA, FL 34236-2694
In care of
% BRUCE BLAKE
Principal officer (990 for 2024)
MICHAEL WARD, 1501 N ORANGE AVE, SARASOTA, FL 34236
Signed the 990
MICHAEL WARD, PRESIDENT & CEO
Phone
(941) 365-0250
Return prepared by
WALTERS & ASSOCIATES CPAS

Mission

THE PRIMARY PURPOSE OF THE ORGANIZATION IS TO OPERATE AND MAINTAIN A 204 BED SKILLED NURSING FACILITY AND A 72 BED ASSISTED LIVING FACILITY, PRIMARILY FOR AGED AND FINANCIALLY NEEDY RESIDENTS OF SARASOTA AND MANATEE COUNTIES, FLORIDA. IN ADDITION, THE ORGANIZATION OPERATES A DAY CARE PROGRAM FOR CHILDREN AND OPERATES 2 THRIFT SHOPS THAT SUPPORT THE ORGANIZATION.

990 for the year ended December 31, 2024

Program accomplishments

  • OPERATE AND MAINTAIN A 204 BED SKILLED NURSING FACILITY, PRIMARILY FOR AGED AND FINANCIALLY NEEDY RESIDENTS.
    Expenses $23,316,490 · revenue $26,835,280
  • OPERATE AND MAINTAIN A 39 BED ASSISTED LIVING FACILITY, PRIMARILY FOR AGED AND FINANCIALLY NEEDY RESIDENTS.
    Expenses $1,484,941 · revenue $1,543,669
  • THE ORGANIZATION OPERATES A DAY CARE PROGRAM FOR CHILDREN.
    Expenses $845,503 · revenue $791,205
  • THE ORGANIZATION OPERATES PHARMACY & SHOP.
    Expenses $1,877,945 · revenue $702,085

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-5272934
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$13,481,208
Income (IRS master file)
$30,587,649

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$29,960,261$30,822,007$13,481,208IRS
990December 2023$28,107,337$30,347,106$8,306,469XML
990December 2022$30,945,217$68,462,852$9,164,348XML
990December 2021–––IRS
990December 2020–––IRS
990July 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 47-5272934).

Questions about PINES OF SARASOTA HEALTHCARE LLC

What is the EIN of PINES OF SARASOTA HEALTHCARE LLC?
The employer identification number (EIN) of PINES OF SARASOTA HEALTHCARE LLC is 47-5272934.
Is PINES OF SARASOTA HEALTHCARE LLC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to PINES OF SARASOTA HEALTHCARE LLC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PINES OF SARASOTA HEALTHCARE LLC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PINES OF SARASOTA HEALTHCARE LLC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PINES OF SARASOTA HEALTHCARE LLC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PINES OF SARASOTA HEALTHCARE LLC?
The 990 for the year ended December 31, 2024 names MICHAEL WARD.
Who are the officers and directors of PINES OF SARASOTA HEALTHCARE LLC?
The 990 for the year ended December 31, 2024 lists 25 people; 8 received compensation from the organization, the highest $305,410 (MICHAEL WARD, PRESIDENT/CEO).
How much revenue does PINES OF SARASOTA HEALTHCARE LLC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $29,960,261, expenses of $30,822,007 and total assets of $13,481,208 at year end.

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