2024-08-22T19:49:44-05:00 2023-12-31 202153727 SB & COMPANY LLC 10200 GRAND CENTRAL AVE SUITE 250 OWINGS MILLS MD 21117 990 2023-01-01 205211100 KING-WEST PROPERTIES INC KING 7032993100 124 WEST STREET SOUTH 3RD FL ALEXANDRIA VA 22314 LINDA MICHELSEN CFO 7032993100 2024-08-22 1 0 MONIQUE BOOKER P00644231 4105840060 2023 2024-08-08 14:25:15Z LINDA MICHELSEN 124 WEST STREET SOUTH 3RD FL ALEXANDRIA VA 22314 1725161 0 X N/A X 2006 VA TO HOLD TITLE TO PROPERTY, COLLECT RENTS & REMIT THE NET INCOME TO THE PARENT ORGANIZATION. 8 8 0 0 202267 0 0 0 1145083 1022656 65200 126760 815791 575745 2026074 1725161 0 0 0 0 0 0 0 0 0 907667 1011822 907667 1011822 1118407 713339 12853371 13024629 6604039 5542715 6249332 7481914 THE SOLE PURPOSE OF THE COMPANY IS TO HOLD TITLE TO PROPERTY, COLLECT INCOME FROM SUCH PROPERTY AND TO TURN OVER SUCH INCOME, LESS EXPENSES, TO THE FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY, AN EXEMPT 501(C)(6) ORGANIZATION IN ACCORDANCE WITH IRC SECTION 501(C)(2). 0 0 1011822 1022656 THE OFFICE BUILDING WAS PUT INTO SERVICE IN JULY 2007. TWO FLOORS OF THE BUILDING ARE OCCUPIED BY THE ORGANIZATION'S PARENT COMPANY, THE FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY, AS ITS ADMINISTRATIVE OFFICES. SPACE ON THE TWO FLOORS IS ALSO RENTED TO THE FOREIGN CREDENTIALING COMMISSION OF PHYSICAL THERAPY, A RELATED 501(C)(6) ORGANIZATION. 1011822 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 17 0 1 0 1 1 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LINDA MICHELSEN CFO 7032993100 124 WEST STREET SOUTH 3RD FL ALEXANDRIA VA 22314 DAVID RELLING PRESIDENT 0.25 10.25 X X 0 16000 0 MICHELE THORMAN VICE PRESIDENT 0.25 5.25 X X 0 8000 0 RUGGIERO CANIZARES TREASURER 0.25 5.25 X X 0 8000 0 CINDY POTTER SECRETARY 0.25 5.25 X X 0 8000 0 ELLEN KROOG DONALD DIRECTOR 0.25 5.25 X 0 8000 0 JONI KALIS DIRECTOR 0.25 5.25 X 0 6667 0 ADRIENNE PRICE DIRECTOR 0.25 5.25 X 0 6667 0 CHARLES REITER PUBLIC MEMBER 0.25 5.25 X 0 8000 0 STEVEN SCHERGER DIRECTOR 0.25 5.25 X 0 1333 0 MICHELLE SIGMUND-GAINES DIRECTOR 0.25 5.25 X 0 1333 0 WILLIAM HATHERHILL CEO 0.25 46.00 X 0 1073626 249211 LINDA MICHELSEN CFO 0.25 46.00 X 0 316880 114648 0 1462506 363859 0 0 1 0 0 BUILDING RENTAL 531120 842493 662844 179649 CAM 531120 102313 94175 8138 PARKING 531120 77850 63370 14480 1022656 126760 126760 OTHER INCOME 900099 678695 678695 GAIN (LOSS) ON INTERES 900099 -102950 -102950 575745 1725161 820389 202267 702505 14400 14400 6685 6685 7686 7686 177853 177853 328781 328781 17003 17003 BUILDING MAINTENANCE 259797 259797 PROPERTY TAXES 110350 110350 UTILITIES 78467 78467 PARKING 10800 10800 1011822 1011822 0 0 136418 55253 -5712 6721 11176 750 12558355 4213507 8618246 8344848 3326730 3972315 766513 644742 12853371 13024629 70891 39439 5923721 5503276 609427 0 6604039 5542715 X 6249332 7481914 6249332 7481914 12853371 13024629 713339 519243 0 X 0 1 X 1 0 1800000 1800000 10554200 4134164 6420036 204155 79343 124812 8344848 2244404 519242 519242 1725162 0 1725162 0 0 0 0 0 0 1 0 WILLIAM HATHERHILL CEO 0 938192 0 101809 0 33625 0 204562 0 44649 0 1322837 0 0 LINDA MICHELSEN CFO 0 270926 0 34829 0 11125 0 98876 0 15772 0 431528 0 0 PART I, LINE 3 A RELATED ENTITY, FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY, USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEY, AND APPROVAL BY THE BOARD/ COMPENSATION COMMITTEE. PART I, LINE 4B THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NON-QUALIFIED 457(F) PLAN: - WILLIAM HATHERILL: $31,072 ALL INDIVIDUALS ARE EMPLOYED BY A RELATED ENTITY, FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE MEMBER, WHICH IS THE FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT THIRD PARTY WITH THE ASSISTANCE OF THE ORGANIZATION'S CFO. ONCE COMPLETE, IT IS THOROUGHLY REVIEWED BY THE CFO AND COPIES ARE PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST STATEMENTS ARE SIGNED ANNUALY AND THE ORGANIATION'S CFO IS RESPONSIBLE FOR TRACKING TRANSACTIONS DURING THE YEAR TO ENSURE COMPLIANCE. FORM 990, PART VI, SECTION B, LINE 15 FSBPT, A RELATED ORGANIZATION, UTILIZIES THE SERVICES OF AN INDEPENDENT THIRD PARTY TO REVIEW AND ADVISE ON THE SALARY ADMINISTRATION PROGRAM. THIS INVOLVES GENERATING A DETAILED SURVEY OF POSITIONS THAT ARE COMPARABLE TO THE ORGANIZATION'S BASED ON JOB DESCRIPTION, SIZE AND GEOGRAPHIC LOCATION. THE INFORMATION FROM THE SURVEY IS USED TO ESTABLISH PAY RANGES BY POSITION. THE STUDY RESULTS ARE APPROVED BY THE BOARD OF DIRECTORS. BY POLICY, THE SALARY RANGES MUST BE FOLLOWED. THE BOARD OF DIRECTORS IS RESPONSIBLE FOR ESTABLISHING THE ANNUAL SALARY OF THE CEO BASED ON THE GUIDELINES PREVIOUSLY DESCRIBED. ANY BONUSES FOR THE CEO OR OTHER SENIOR STAFF ARE APPROVED BY THE BOARD OF DIRECTORS. THE CEO IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF OTHER OFFICERS AND SENIOR STAFF, SUBJECT TO THE GUIDELINES PREVIOUSLY DESCRIBED. FORM 990, PART VI, SECTION C, LINE 19 ONLY INFORMATION CONTAINED IN THE FORM 990 IS MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY 124 WEST STREET SOUTH 3RD FLO ALEXANDRIA VA 22314 630946217 ADMINISTERING STATE TESTS TO PHYSICAL THERAPY APPLICANTS DE 501(C)(6) 0 FOREIGN CREDENTIALING COMMISSION ON PHYSICAL THERAPY 124 WEST STREET SOUTH 3RD FLO ALEXANDRIA VA 22314 541907410 REVIEWING FOREIGN CREDENTIALS FOR PHYSICAL THERAPY APPLICANTS DE 501(C)(6) FSBPT 0 HEALTHCARE REGULATORY RESEARCH INSTITUTE 124 WEST STREET SOUTH 3RD FLO ALEXANDRIA VA 22314 611848085 RESEARCH AND ENHANCE HEALTHCARE REGULATION DE 501(C)(3) LINE 12A, I FSBPT 0 0 1 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY E 678695 OUTSTANDING CASH LOAN FEDERATION OF STATE BOARDS OF PHYSICAL THERAPY J 629655 MARKET RENTAL RATES FOREIGN CREDENTIALING COMMISSION ON PHYSICAL THERAPY J 62280 MARKET RENTAL RATES