2025-10-31T07:59:44-05:00 2024-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2024-01-01 050500898 ALDERSBRIDGE COMMUNITIES (F/K/A UNITED METHODIST ELDER CARE) ALDE 4014387210 40 IRVING AVENUE EAST PROVIDENCE RI 02914 JOSEPH DURAND CHIEF FINANCIAL OFFICER 4014387210 2025-10-30 1 1 COURTNEY MCFARLAND CPA P01645518 5083669100 2025-10-30 2024 2025-03-06 01:10:19Z JOSEPH DURAND 40 IRVING AVENUE EAST PROVIDENCE RI 02914 6353910 0 X WWW.UMELDERCARERI.ORG X 1997 RI WE PROVIDE CARING AND AFFORDABLE COMMUNITIES AND SERVICES SO OLDER ADULTS CAN THRIVE, LIVING LIVES WITH COMFORT, DIGNITY, SELF-DETERMINATION, AND GRACE. 16 16 51 16 0 0 596591 3195315 3071350 3130833 12856 5279 6499 -1006 3687296 6330421 935235 12299 0 0 2405699 2482728 0 0 0 607643 546614 3948577 3041641 -261281 3288780 4260259 1302461 2969368 553148 1290891 749313 X WE ASPIRE TO CREATE COMPASSIONATE, INNOVATIVE, INCLUSIVE, AND AFFORDABLE ELDER CARE SERVICES THAT ARE AVAILABLE TO ALL RHODE ISLANDERS. GUIDING PRINCIPLES:- COMPREHENSIVE, SKILLED, AND INDIVIDUALIZED CARE TO MEET EACH PERSON'S PHYSICAL, COGNITIVE, SPIRITUAL, AND EMOTIONAL NEEDS- ENGAGED, EMPATHETIC, AND CARING STAFF- CONTINUUM OF CARE ACROSS A VARIETY OF LIVING OPTIONS, SERVICES, AND SUPPORT- INNOVATION ACROSS ALL ASPECTS OF THE ORGANIZATION (CLINICAL, OPERATIONS, FINANCES, DEVELOPMENT, HUMAN RESOURCES, ETC. 0 0 1756654 12299 3130833 THE ORGANIZATION MANAGES THE OPERATIONS OF FOUR RELATED ORGANIZATIONS THAT PROVIDE HEALTH AND RETIREMENT SERVICES TO THE ELDERLY. 1756654 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 3 0 1 51 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X JOSEPH DURAND 4014387210 40 IRVING AVENUE EAST PROVIDENCE RI 02914 MICHAEL COLE PRESIDENT 2.00 5.00 X X 0 0 0 LAUREN A FLORIO VICE PRESIDENT 2.00 5.00 X X 0 0 0 SUSAN CERRONE ABELY TREASURER 2.00 5.00 X X 0 0 0 HANNAH BELL-LOMBARDO SECRETARY 2.00 6.00 X X 0 0 0 ERIC CHASON BOARD MEMBER 1.00 0.40 X 0 0 0 JOCELYNE DE GOUVENAIN BOARD MEMBER 1.00 0.40 X 0 0 0 TJ DELSANTO BOARD MEMBER 1.00 0.40 X 0 0 0 ANTHONY F DOLPHIN BOARD MEMBER 1.00 0.40 X 0 0 0 JODI L GLASS BOARD MEMBER 2.00 0.40 X 0 0 0 BRUCE W GLASS BOARD MEMBER 1.00 1.30 X 0 0 0 ELIZABETH H HOWLETT BOARD MEMBER 2.00 4.00 X 0 0 0 REV DR JAMES MARTIN BOARD MEMBER 1.00 4.00 X 0 0 0 JOHN F O'ROURKE BOARD MEMBER 1.00 4.00 X 0 0 0 FRANCIS A RICHARDS BOARD MEMBER 2.00 4.00 X 0 0 0 NANCY RUZZO BOARD MEMBER 1.00 0.40 X 0 0 0 BISHOP THOMAS J BICKERTON BOARD MEMBER 1.00 0.40 X 0 0 0 RICHARD GAMACHE CEO 16.00 24.00 X 232545 0 22558 JOSEPH DURAND CFO 3.50 36.50 X 120237 0 24339 SANDRA CULLEN COO 4.00 36.00 X 109559 0 15320 462341 0 62217 3 0 1 0 FACILITY SOLUTIONS 611 HIGH STREET STE 442 DEDHAM MA 02026 CONSTRUCTION 256940 SABLACK PAINTING 195 COMMINS POND ROAD WARREN MA 10924 PAINTING 229596 2 99505 2559808 250000 286002 3195315 RENT AND SERVICE INCOM 623000 2268562 2268562 MANAGEMENT FEE INCOME 541610 862271 862271 3130833 5279 5279 12600 99505 23489 -10889 -10889 MISCELLANEOUS REVENUE 900099 9883 9883 9883 6330421 3130833 0 4273 12299 12299 524558 524558 1551199 1156523 394676 33968 30604 3364 201213 137599 63614 171790 101601 70189 11070 11070 45995 7522 38473 14656 13103 1553 1561 1561 22423 22423 87508 87508 FOOD 201989 201989 OTHER EXPENSES 95748 10207 85541 RESIDENT RELATED PURCHA 65664 61223 4441 3041641 1756654 1284987 0 544481 225484 154500 31780 1722079 249169 26110 18043 235738 127465 147443 108273 1665646 669712 4260259 1302461 479939 274593 191100 191100 2298329 87455 2969368 553148 X 808971 277531 481920 471782 1290891 749313 4260259 1302461 X 3288780 -3830358 X X 0 1 X 1 0 X 899844 1105303 905319 596591 3195315 6702372 899844 1105303 905319 596591 3195315 6702372 226239 6476133 6493 12856 5279 24628 2864 2062 2216 9349 9883 26374 6753374 13727714 0.95890 0.76820 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2020 AMOUNT: $ 2,864. 2021 AMOUNT: $ 2,062. 2022 AMOUNT: $ 2,216. 2023 AMOUNT: $ 9,349. 2024 AMOUNT: $ 9,883. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3958 3958 123964 113988 9976 107816 13477 94339 108273 DUE FROM AFFILIATE 318776 RIGHT-OF-USE OF ASSET - FINANCING 20235 CONSTRUCTION IN PROCESS 330701 669712 LEASE LIABILITY 20802 DUE TO AFFILIATES 66653 87455 X PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH ASC TOPIC, INCOME TAXES. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE CONSOLIDATED FINANCIAL STATEMENTS REGARDING A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER 31, 2024. THE ORGANIZATION'S INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE TAX JURISDICTIONS. GALA 112105 99505 12600 12600 10889 112105 99505 12600 12600 10889 23489 -10889 1 ARBOR HILL ASSISTED LIVING 153 DEAN STREET PROVIDENCE RI 02903 452047960 501(C)3 12299 0 SUPPORT OF RELATED ORGANIZATION 1 PART I, LINE 2: FUNDS ARE RECEIVED AND DEPOSITED INTO A SEPARATE ALDERSBRIDGE COMMUNITIES BANK ACCOUNT (BITS ACCOUNT). WHEN PROJECT IS COMPLETE, PAYMENTS ARE MADE TO VENDORS BASED ON QUOTES RECEIVED OR INVOICES. X X 0 0 0 0 0 0 0 0 0 RICHARD GAMACHE CEO 232545 0 0 0 0 0 14100 0 8458 0 255103 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A BISHOP OF THE NEW ENGLAND CONFERENCE OF THE UNITED METHODIST CHURCH SHALL BE ONE MEMBER OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 7B THE MEMBERSHIP OF THE ORGANIZATION ARE ELECTED TO THE CORPORATION BY THE NEW ENGLAND CONFERENCE OF THE UNITED METHODIST CHURCH. FORM 990, PART VI, SECTION B, LINE 11B IT IS ALDERSBRIDGE COMMUNITIES' POLICY THAT ALDERSBRIDGE COMMUNITIES' FINANCE COMMITTEE WILL REVIEW THE IRS FORM 990 THAT IS FILED ON THE ORGANIZATION'S BEHALF. THE FINANCE COMMITTEE WILL REPORT ITS REVIEW TO THE BOARD OF DIRECTORS. A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES EACH BOARD MEMBER AND MANAGER TO PROVIDE AN INITIAL AND THEREAFTER AN ANNUAL CONFLICT OF INTEREST STATEMENT ATTESTING THAT HE OR SHE HAS READ AND IS FAMILIAR WITH THE CONFLICT OF INTEREST POLICY. IN THE CONFLICT OF INTEREST POLICY, THEY ARE REQUIRED TO DISCLOSE ANY RELATIONSHIPS OR BUSINESS DEALINGS IN WHICH THERE IS THE POTENTIAL FOR A CONFLICT OF INTEREST TO EXIST. THE CHIEF EXECUTIVE OFFICER ENSURES THAT CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY ALL THOSE REQUIRED. IF A CONFLICT OF INTEREST ARISES THEN IT IS REFERRED TO THE EXECUTIVE BOARD FOR RESOLUTION. FORM 990, PART VI, SECTION B, LINE 15 THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED BY THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE TAKES INTO ACCOUNT THE COMPENSATION PAID TO SIMILAR CHIEF EXECUTIVE OFFICER'S AT COMPARABLE NON-PROFIT ORGANIZATIONS IN THE AREA. THE COMMITTEE ALSO CONSIDERS THE PERFORMANCE OF THE ORGANIZATION DURING THE REVIEW PERIOD AND THE CHIEF EXECUTIVE OFFICER'S SUCCESS IN ACHIEVING THE ORGANIZATION'S GOALS. THE DISCUSSIONS AND DECISION OF THE CHIEF EXECUTIVE OFFICER'S COMPENSATION ARE DOCUMENTED BY THE FINANCE COMMITTEE DURING ITS MEETING. THE CHIEF EXECUTIVE OFFICER REVIEWS ALL MANAGEMENT EMPLOYEES FOR COMPENSATION DECISIONS, WHICH ARE MADE WITHIN THE PARAMETERS ESTABLISHED WITHIN THE BUDGET THAT IS APPROVED BY THE BOARD OF DIRECTORS. THE CHIEF EXECUTIVE OFFICER CONSIDERS THE PERFORMANCE OF EACH INDIVIDUAL DURING THE REVIEW PERIOD AND CONSIDERS THE EMPLOYEE'S SUCCESS IN ACHIEVING THE ORGANIZATIONAL GOALS. ALSO, THE CHIEF EXECUTIVE OFFICER COMPARES COMPENSATION OF COMPARABLE NON-PROFIT ORGANIZATIONS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC AT THE MAIN OFFICE UPON REQUEST. FORM 990, PART XI, LINE 9: CONTINGENCY DISMISSAL 84,181. WRITE-OFF OF RELATED PARTY ADVANCES -3,914,539. FORM 990, PART XII, LINE 2C: THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE OVERSIGHT OF THE ANNUAL AUDIT OF THE FINANCIAL STATEMENTS. ALDERSBRIDGE CONSULTANTS LLC (FKA ELDER CARE CONSULTANTS LLC) 40 IRVING AVENUE EAST PROVIDENCE RI 02914 270997439 PROVIDE CONSULTING SERVICES IN THE HEALTH CARE INDUSTRY RI 2268562 353859 ALDERSBRIDGE COMMUNITIES (FKA UNITED METHODIST ELDER CARE) LINN HEALTH AND REHABILITATION (FKA UNITED METHODIST HEALTH CARE CENTER) 40 IRVING AVENUE EAST PROVIDENCE RI 02914 050500899 OPERATION OF A 44 UNIT ASSISTED LIVING MEMORY CARE FACILITY RI 501(C)(3) LINE 7 ALDERSBRIDGE COMMUNITIES (FKA UNITED METHODIST ELDER CARE) 1 ALDERSBRIGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) 40 IRVING AVENUE EAST PROVIDENCE RI 02914 050500900 HANDLES THE INVESTMENTS AND OTHER SUPPORTING ACTIVITIES RI 501(C)(3) LINE 12A, I ALDERSBRIDGE COMMUNITIES (FKA UNITED METHODIST ELDER CARE) 1 WINSLOW GARDENS (FKA UNITED METHODIST RETIREMENT CENTER) 40 IRVING AVENUE EAST PROVIDENCE RI 02914 050318003 OPERATION OF A 114 UNIT RETIREMENT AND ASSISTED LIVING CENTER RI 501(C)(3) LINE 10 ALDERSBRIDGE COMMUNITIES (FKA UNITED METHODIST ELDER CARE) 1 ARBOR HILL ASSISTED LIVING 153 DEAN STREET PROVIDENCE RI 02903 452047960 OPERATION OF A 53 UNIT ASSISTED LIVING FACILITY FOR THE ELDERLY RI 501(C)(3) LINE 10 ALDERSBRIDGE COMMUNITIES (FKA UNITED METHODIST ELDER CARE) 1 0 1 1 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 ALDERSBRIGE FOUNDATION (FKA UNITED METHODIST ELDER CARE FOUNDATION) C 1035440 FMV LINN HEALTH AND REHABILITATION (FKA UNITED METHODIST HEALTH CARE CENTER) C 1516145 FMV WINSLOW GARDENS (FKA UNITED METHODIST RETIREMENT CENTER) D 64012 FMV LINN HEALTH AND REHABILITATION (FKA UNITED METHODIST HEALTH CARE CENTER) D 232541 FMV ARBOR HILL ASSISTED LIVING E 66653 FMV WINSLOW GARDENS (FKA UNITED METHODIST RETIREMENT CENTER) L 399889 FMV LINN HEALTH AND REHABILITATION (FKA UNITED METHODIST HEALTH CARE CENTER) L 421685 FMV