2025-06-04T13:16:52+00:00 2024-12-31 440160260 Forvis Mazars LLP 120 E Palmetto Park Road Suite 403 Boca Raton FL 33432 990 2024-01-01 591031820 PLYMOUTH HARBOR INC PLYM 9413652600 700 JOHN RINGLING BLVD SARASOTA FL 34236 JEFF WEATHERHEAD CEO 2025-06-04 true April Arnold P01559426 5612991820 2025-04-18 2024 2025-03-06 01:10:19Z JEFF WEATHERHEAD 700 JOHN RINGLING BLVD SARASOTA FL 34236 52429010 false X WWW.PLYMOUTHHARBOR.ORG X 1961 FL OPERATION OF A RETIREMENT COMMUNITY COMMITTED TO PROVIDING A POSITIVE AGING EXPERIENCE. 12 12 548 30 0 2861970 1249833 39454049 42609114 187552 -331544 504169 6593790 43007740 50121193 367072 562243 0 0 19102494 21655529 0 0 135211 20549697 22442853 40019263 44660625 2988477 5460568 150513117 161906657 103035672 107375599 47477445 54531058 PLYMOUTH HARBOR IS A CHURCH-SPONSORED NOT-FOR-PROFIT COMMUNITY OF DISTINCTION FOR OLDER ADULTS COMMITTED TO PROVIDING THE MOST POSITIVE AGING EXPERIENCE POSSIBLE FOR ITS RESIDENTS. false false 39910557 0 49202904 PLYMOUTH HARBOR, INC. CARES FOR SENIOR ADULTS THROUGH THE OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY CONSISTING OF 215 INDEPENDENT APARTMENT UNITS, 60 ASSISTED LIVING UNITS, A LICENSED HOME HEALTH AGENCY, AND A 56-BED SKILLED NURSING CENTER. ACROSS ALL PROGRAMS, THERE WERE 108,258 RESIDENT DAYS IN THE CURRENT YEAR. 652285 327868 0 THE PLYMOUTH HARBOR FOUNDATION ENSURES THE APPROPRIATE STEWARDSHIP OF CONTRIBUTED FUNDS, DEVELOPS FUNDRAISING STRATEGIES THAT SUPPORT THE MOST POSITIVE AGING EXPERIENCE POSSIBLE, AND PROVIDES FUNDING FOR INNOVATIVE PROGRAMS AND SERVICES IN THE REGION. 234375 234375 0 THE ORGANIZATION PROVIDES SUPPORT FOR OPERATING AND MAINTAINING A LIFE CARE FACILITIY AIDING NEEDY RESIDENTS. THE PROGRAM ADDRESSES THE NEEDS OF THOSE RESIDENTS WHO REQUIRE FINANCIAL ASSISTANCE TO MAINTAIN THEIR RESIDENCY AT PLYMOUTH HARBOR. IN THE CURRENT YEAR, $234,375 OF FINANCIAL ASSISTANCE WAS PROVIDED AS A COMPONENT OF FULFILLING THE ORGANIZATION'S CHARITABLE MISSION. 40797217 true true false false false false false false false true true false false false true true false true false false false false false false false false false false true true true false false false false false false true false false false false false false false true true true false false false true 83 0 true 548 true false false false false false false false false false false false false X 12 12 false false false false false false false true true false false false true true true true true true true true false false FL X NATALLIA DZIATSEL 9413652600 700 RINGLING BLVD SARASOTA FL 34236 ERIC BLEDSOE TREASURER 1.0 X X 0 0 0 JEFF CHARLOTTE CHAIRMAN OF THE BOARD 1.0 X X 0 0 0 LEE DELIETO JR SECRETARY 1.0 X X 0 0 0 REBECCA SACHS VICE CHAIR 1.0 X X 0 0 0 BOB DAWSON TRUSTEE 1.0 X 0 0 0 Carl Koenig TRUSTEE 1.0 X 0 0 0 CHRIS SFORZO TRUSTEE 1.0 X 0 0 0 Craig Steinhoff TRUSTEE 1.0 X 0 0 0 Kathryn Carr TRUSTEE 1.0 X 0 0 0 KATHY HENDRICKS TRUSTEE 1.0 X 0 0 0 MARK SULTANA TRUSTEE 1.0 X 0 0 0 WARREN BACON TRUSTEE 1.0 X 0 0 0 GEORGE MCGONAGILL COO 40.0 X 236452 0 19926 JEFF WEATHERHEAD PRESIDENT/CEO 40.0 X 381704 0 46575 NATALLIA DZIATSEL VICE PRESIDENT/CFO 40.0 X 260087 0 27186 ASHLEY CUMMINGS VP OF HEALTH SERVICES 40.0 X 183528 0 42796 ELIZABETH SPARR VP OF MARKETING & COMMUNITY AFFAIRS 40.0 X 205085 0 19158 Anthony Baffo VP OF TEAM MEMBER RELATIONS 40.0 X 157381 0 3608 BRIAN BLY CONSTRUCTION SUPERINTENDENT 40.0 X 111294 0 35344 Guinevere Kulie DIRECTOR OF NURSING 40.0 X 130988 0 36831 IWONA B WALICZEK DIRECTOR OF CARE MANAGEMENT 40.0 X 119181 0 39257 STEVEN PARSONS DIRECTOR OF IT 40.0 X 133647 0 35601 BETH WATSON VP OF PHILANTHROPY 40.0 X 112374 0 10809 EVELYN A MOULTON REGISTERED NURSE SHIFT SUPERVISOR 40.0 X 142248 0 15683 2173969 0 332774 17 true true false RLPS ARCHITECTS LLP 250 VALLEYBROOK DR LANCASTER FL 17601 ARCHITECT FEES 1453699 FUNCTIONAL PATHWAYS OF TENNESSEE LLC 10133 SHERRILL BLVD SUITE 200 KNOXVILLE TN 37932 THERAPY SERVICES 857060 MICHAEL J LOONEY INC 150 N INDIANA AVE ENGLEWOOD FL 34223 SERVICES CONSTRUCTION 624348 ENERGY AIR INC 5401 ENERGY AIR CT ORLANDO FL 32810 CONSTRUCTION & HVAC SERVICES 471814 SERVPRO OF NE HILLSBOROUGH COUNTYPLANT CITY 1409 E BAKER ST PLANT CITY FL 33563 HURRICANE DAMAGE REMEDIATION 449700 34 1249833 1249833 NET RESIDENT SERVICE REVENUE 623000 32332890 32332890 ENTRANCE FEES 623000 10276224 10276224 0 0 0 0 42609114 1620381 1620381 0 0 350420 5472 2307817 350420 -2302345 -1951925 -1951925 0 INSURANCE PROCEEDS 623000 6339538 6339538 CAPITAL REIMBURSEMENTS 623000 180320 180320 OTHER INCOME 623000 73932 73932 0 0 0 0 6593790 50121193 49202904 0 -331544 562243 562243 1422495 620613 683479 118403 16711624 15325176 1386448 245192 208545 36647 1890010 1825792 64218 1386208 1236535 142004 7669 64951 64951 58523 58523 79692 79692 1802354 1341506 460848 0 327010 198716 127526 768 540794 310190 229211 1393 4002541 3972624 29917 95967 64188 31216 563 874332 874332 7164876 7066470 98406 352968 345931 7037 HURRICANE DISASTER EXPENSES 3065207 3065207 FOOD 1514066 1514066 MEDICAL SUPPLIES 1286002 1286002 SUPPLIES 528715 458222 66537 3956 684855 520859 161537 2459 44660625 40797217 3728197 135211 3726937 4015014 15014475 18485640 340526 167868 1707113 5179821 0 0 0 0 218517 183854 1382903 1185757 160097939 63928806 94998052 96169133 31948222 35366274 0 0 226750 246344 949622 906952 150513117 161906657 4929189 6693298 50284601 50102263 19680038 20770496 0 0 5734070 4913574 22407774 24895968 103035672 107375599 43079294 50365065 4398151 4165993 47477445 54531058 150513117 161906657 X 5460568 1625400 -32355 X false true true false X 1198057 4290449 1950608 2861969 1249833 11550916 32881019 34875423 36525142 39454049 42609114 186344747 0 0 0 34079076 39165872 38475750 42316018 43858947 197895663 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 197895663 749267 1043021 964702 1246454 1625524 5628968 0 749267 1043021 964702 1246454 1625524 5628968 0 110633 104160 159305 504169 6593790 7472057 34938976 40313053 39599757 44066641 52078261 210996688 0.93791 0.96888 0.03 0.03 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 110633.0, COLUMN B - 104160.0, COLUMN C - 159305.0, COLUMN D - 504169.0, COLUMN E - 73932.0, COLUMN F - 952199.0; DESCRIPTION - CAPITAL REIMBURSEMENTS, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 180320.0, COLUMN F - 180320.0; DESCRIPTION - INSURANCE PROCEEDS, COLUMN A - , COLUMN B - , COLUMN C - , COLUMN D - , COLUMN E - 6339538.0, COLUMN F - 6339538.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14063977 0 1558610 22726 234375 15365486 12348031 30000 1970820 284874 14063977 15085149 30000 -2448374 318744 12348031 13684570 1665982 265403 15085149 12436041 45488 1481250 278209 13684570 0.9795 0.0 0.0205 false true true 273228 273228 140340314 56882437 83457877 9218489 5175103 4043386 10265908 1871266 8394642 96169133 Federal Income Taxes REFUNDABLE ENTRANCE FEES 24584968 ENTRANCE FEE DEPOSITS 311000 24895968 X 51634545 1625400 -32356 1593044 50041501 79692 0 79692 50121193 44580933 0 0 44580933 79692 0 79692 44660625 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ORGANIZATION HAS A QUASI-ENDOWMENT WHICH CONSISTS OF DONOR RESTRICTED AND BOARD DESIGNATED FUNDS THAT HAVE BEEN LIMITED FOR THE PURPOSE OF PROVIDING SUPPORT TO NEEDY RESIDENTS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ORGANIZATION IS ORGANIZED AS A NOT-FOR-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF FLORIDA AND HAS BEEN GRANTED RECOGNITION OF ITS TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO INCOME TAX LIABILITY OR PROVISION FOR INCOME TAXES IS REFLECTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. AS OF DECEMBER 31, 2024, WITH CERTAIN STATUTORY EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY U.S. FEDERAL OR STATE OF FLORIDA TAXING AUTHORITIES FOR ANY TAX YEARS BEFORE JANUARY 1, 2021. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST - 10314 UNREALIZED LOSS IN FV OF INTEREST RATE SWAP - -42670 true EMPLOYEE SCHOLARSHIPS AND TRAINING 113 97278 FINANCIAL ASSISTANCE FOR NEEDY RESIDENTS 5 234375 Employee Hardship Distributions 98 230590 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE BOARD OF DIRECTORS OF FILING ORGANIZATION SET UP A QUASI ENDOWMENT FUND TO MEET THE NEEDS OF THE RESIDENTS THROUGH A FELLOWSHIP PROGRAM. ADDITIONALLY, THE FOUNDATION AWARDS TEAM MEMBERS OR THEIR CHILDREN ANNUAL SCHOLARSHIPS BASED ON MERIT AND/OR NEED AS DETERMINED BY AN INDEPENDENT SCHOLARSHIP SELECTION COMMITTEE. THE ASSISTANCE LISTED IN PART III WAS DISBURSED TO APPROVED APPLICANTS IN ACCORDANCE WITH THE ELIGIBLITY REQUIREMENTS OF THE FILING ORGANIZATION AND ITS DONORS. X true true X X X X X false false false false false false false false false JEFF WEATHERHEAD PRESIDENT/CEO 336704 0 45000 0 0 0 13089 0 33486 0 428279 0 0 0 NATALLIA DZIATSEL VICE PRESIDENT/CFO 244089 0 15765 0 233 0 9370 0 17816 0 287273 0 0 0 GEORGE MCGONAGILL COO 221630 0 12323 0 2499 0 8405 0 11521 0 256378 0 0 0 BETH WATSON VP OF PHILANTHROPY 104953 0 0 0 7421 0 2720 0 8089 0 123183 0 0 0 ASHLEY CUMMINGS VP OF HEALTH SERVICES 174590 0 8798 0 140 0 6942 0 35854 0 226324 0 0 0 ELIZABETH SPARR VP OF MARKETING & COMMUNITY AFFAIRS 197535 0 6798 0 752 0 7477 0 11681 0 224243 0 0 0 EVELYN A MOULTON REGISTERED NURSE SHIFT SUPERVISOR 135002 0 4047 0 3199 0 5224 0 10459 0 157931 0 0 0 STEVEN PARSONS DIRECTOR OF IT 126715 0 6780 0 152 0 5048 0 30553 0 169248 0 0 0 Guinevere Kulie DIRECTOR OF NURSING 119815 0 11038 0 135 0 977 0 35854 0 167819 0 0 0 Anthony Baffo VP OF TEAM MEMBER RELATIONS 149695 0 7424 0 262 0 3098 0 510 0 160989 0 0 0 IWONA B WALICZEK DIRECTOR OF CARE MANAGEMENT 110281 0 8780 0 120 0 2754 0 36503 0 158438 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees IN THE CURRENT YEAR, THE FILING ORGANIZATION PAID SOCIAL CLUB DUES UTILIZED BY THE CEO AND OTHER TEAM MEMBERS AT THE CEO'S DISCRETION FOR BUSINESS-RELATED FUNCTIONS, AND IS THERFORE NOT TAXABLE COMPENSATION TO THE CEO. THE USAGE OF SUCH SOCIAL CLUB IS MONITORED ON A REGULAR BASIS FOR HOW THE MEMBERSHIP BENEFITS THE ORGANIZATION'S OPERATIONS. A SARASOTA COUNTY HEALTH FACILITIES AUTHORITY 352542713 000000000 2015-12-10 26000000 See Statement false false false B SARASOTA COUNTY HEALTH FACILITIES AUTHORITY 352542713 000000000 2024-12-31 17000000 See Statement false false false A 7412212 0 26000000 0 0 0 203740 0 0 25796260 0 0 2015 false false true true B 0 0 17000000 0 1430232 0 208396 0 0 0 0 15361372 false false false true A false false false false false false 0.0 0.0 0.0 false false 0 false true B false false false false false false 0.0 0.0 0.0 false false 0 false true A false true false false true true THE NORTHERN TRUST COMPANY 12.0 false false false 0 false false true B false true false false true false 0 false false false 0 false false true A true B true Schedule K, Part I, Column (f) ROW A THE PROCEEDS OF THE SERIES 2015 NOTES WERE USED TO (A) FINANCE THE CONSTRUCTION COSTS FOR THE EXPANSION OF AN EXISTING CONTINUING CARE RETIREMENT COMMUNITY, (B) REFUND ALL OF THE THEN OUTSTANDING MORTGAGE NOTE PAYABLE, AND (C) PAY THE COST OF ISSUANCE OF THE SERIES 2015 NOTES. Schedule K, Part I, Column (f) ROW B THE PROCEEDS OF THE SERIES 2024 NOTES WERE USED TO (A) FINANCE CONSTRUCTION OF A 9-STORY BUILDING AND RELATED AMENITIES AND OTHER CAPITAL PROJECTS, (B) PAY THE COST OF ISSUANCE OF THE SERIES 2024 NOTES. GEORGE MCGONAGILL OFFICER 4500 EMPLOYEE HARDSHIP DISTRIBUTIONS GRANTS TO ALL EMPLOYEES WHOSE PERSONAL PROPERTY WAS DAMAGED WHILE WORKING THROUGH HURRICANE MILTON. Form 990, Part VI, Line 15 PROCESS TO ESTABLISH COMPENSATION THE COMPENSATION COMMITTEE, WHICH IS INDEPENDENT WITH RESPECT TO ALL COMPENSATION DECISIONS AND CONSISTS OF SEVERAL INDEPENDENT BOARD MEMBERS, AND AN INDEPENDENT CONSULTANT EVALUATES THE PERFORMANCE OF THE CHIEF EXECUTIVE OFFICER. THE CEO PERFORMS ANNUAL EVALUATIONS OF OTHER TOP MANAGEMENT OFFICIALS. THE ORGANIZATION UTILIZES COMPARABILITY SURVEYS, CONDUCTED BY THE HUMAN RESOURCES DIRECTOR, TO DETERMINE THE COMPENSATION OF THE CEO AND OTHER TOP MANAGEMENT OFFICIALS. THE PRESIDENT OF THE BOARD OF DIRECTORS REVIEWS THE EVALUATIONS AND PROVIDES WRITTEN APPROVAL OF COMPENSATION DECISIONS. Form 990, Part VI, Line 11b Review of form 990 by governing body THE RETURN IS REVIEWED IN ITS ENTIRETY BY THE CHIEF FINANCIAL OFFICER. ANY QUESTIONS ARE RESOLVED WITH THE INDEPENDENT ACCOUNTING FIRM THAT PREPARES THE RETURN. IN ADDITION, A COPY IS PROVIDED TO EACH INDEPENDENT VOTING MEMBER OF THE BOARD FOR REVIEW BEFORE IT IS FILED WITH THE IRS. Form 990, Part VI, Line 12c Conflict of interest policy THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL BOARD MEMBERS AND EMPLOYEES. NEW BOARD MEMBERS COMPLETE AND SUBMIT A SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENT AT ORIENTATION. ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SUBMIT A SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENT ANNUALLY. THESE STATEMENTS ARE REVIEWED BY THE BOARD PRESIDENT AND CHIEF EXECUTIVE OFFICER. ANY BOARD MEMBER HAVING A POSSIBLE OR ACTUAL CONFLICT OF INTEREST IS PROHIBITED FROM VOTING OR USING HIS/HER PERSONAL INFLUENCE ON THE MATTER, AND SHOULD NOT BE COUNTED AS PART OF A QUORUM FOR THE MEETING. Form 990, Part VI, Line 19 Required documents available to the public THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST AT THE FACILITY. Form 990, Part XI, Line 9 Other changes in net assets or fund balances CHANGE IN FAIR VALUE OF INTEREST RATE SWAP - -42669; CHANGE IN VALUE OF CHARITABLE REMAINDER TRUST - 10314; Form 990, Part XII, Line 2c OVERSIGHT OF FINANCIAL STATEMENT AUDIT: THE ORGANIZATION'S FINANCE COMMITTEE APPROVES THE AUDIT OF THE FINANCIAL STATEMENTS. FROM TIME TO TIME THE FINANCE COMMITTEE GOES THROUGH THE REQUEST FOR PROPOSAL PROCESS TO SELECT AN INDEPENDENT ACCOUNTANT/AUDITOR. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE PLYMOUTH HARBOR FOUNDATION LLC 700 JOHN RINGING BLVD SARASOTA FL 34236 591031820 TO SUPPORT THE PLYMOUTH HARBOR RETIREMENT COMMUNITY. FL 2433265 8718433 PLYMOUTH HARBOR INC Charitable Remainder Trusts (5) Trust FL Plymouth Harbor Trust true false false false false false false false false false false false false false false false false false false false