2025-02-13T08:24:38-06:00 2024-09-30 390859910 BAKER TILLY ADVISORY GROUP LP 66 HUDSON BLVD E SUITE 2200 NEW YORK NY 10001 990 2023-10-01 900436482 ELIM PARK LEGACY FOUNDATION INC ELIM 2032723547 140 COOK HILL ROAD CHESHIRE CT 06410 MICHELLE PASCETTA CFO 2032723547 2025-02-12 1 1 MARY-EVELYN ANTONETTI P00431862 2126976900 2025-02-12 2023 2025-03-06 01:10:19Z MICHELLE PASCETTA 140 COOK HILL ROAD CHESHIRE CT 06410 440163 0 X WWW.ELIMPARK.ORG X 2009 CT TO PROVIDE SUPPORT TO THE ELIM PARK BAPTIST HOME. 8 8 0 0 0 0 235626 134188 0 0 115435 289173 0 0 351061 423361 0 0 0 0 3048 0 0 0 0 2763 2628 5811 2628 345250 420733 3941584 4700499 2101772 2203067 1839812 2497432 TO PROVIDE SUPPORT TO THE ELIM PARK BAPTIST HOME. 0 0 PROVIDE SUPPORT TO THE ELIM PARK BAPTIST HOME. 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 1 1 1 1 0 0 0 0 1 1 1 1 0 1 1 0 CT X MICHELLE PASCETTA 2032723547 140 COOK HILL ROAD CHESHIRE CT 06410 TIM PONZANI SECRETARY 2.00 2.00 X X 0 0 0 GEOFFREY SWANSON DIRECTOR (LEFT 12/2023) 2.00 2.00 X 0 0 0 CHRIS NELSON DIRECTOR/IMMEDIATE PAST CHAIR 2.00 2.00 X X 0 0 0 ROBERTO ECKER CHAIR 2.00 2.00 X X 0 0 0 TERRENCE BRENNAN TREASURER 2.00 2.00 X X 0 0 0 VICKI HOFFMAN VICE CHAIR 2.00 2.00 X X 0 0 0 JOANNE PERRY DIRECTOR 2.00 2.00 X 0 0 0 MARKES WILSON DIRECTOR 2.00 2.00 X 0 0 0 KEITH WETJEN DIRECTOR 2.00 2.00 X 0 0 0 MIKE WIJAS DIRECTOR (FROM 3/2024) 2.00 2.00 X 0 0 0 BRIAN BEDARD PRESIDENT 1.00 40.00 X 0 291293 49858 ZELL GASTON CHIEF FINANCIAL OFFICER (LEFT 10/23) 1.00 40.00 X 0 170162 14818 MICHELLE PASCETTA CHIEF FINANCIAL OFFICER (FROM 3/2023) 2.00 40.00 X 0 135386 13196 0 596841 77872 0 0 1 0 0 134188 119558 134188 82400 82400 223575 16802 206773 206773 206773 423361 0 0 289173 2628 2628 2628 0 2628 0 311271 512462 10188 10188 2413 0 2819109 3432410 798603 745439 3941584 4700499 462 2877 2101310 2200190 2101772 2203067 X 1242804 2069300 597008 428132 1839812 2497432 3941584 4700499 X 420733 405763 -168876 X 0 1 X 1 0 X X X 1 ELIM PARK BAPTIST HOME INC 060658099 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 597008 -168876 428132 619242 -22234 597008 549399 69843 619242 580822 -31423 549399 575603 5219 580822 0.12614 0.87386 0 0 0 CHARITABLE GIFT ANNUITIES 745439 745439 DUE TO AFFILIATES 1791224 CHARITABLE GIFT ANNUITIES 408966 2200190 X PART V, LINE 4: THE LEGACY FOUNDATION ENDOWMENT FUND PURPOSE IS TO SUPPORT THE NEEDS/REQUIREMENTS OF ELIM PARK BAPTIST HOME. PART X, LINE 2: THE CORPORATION AND THE FOUNDATION HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE (IRS) AS NOT-FOR-PROFIT CORPORATIONS AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND ARE EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE IRC. THE ORGANIZATION ACCOUNTS FOR UNCERTAINTY IN INCOME TAX POSITIONS BY APPLYING A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN AND HAS CONCLUDED THAT AS OF SEPTEMBER 30, 2024 AND 2023, THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. X 0 0 X X X 0 0 0 0 0 0 0 0 0 BRIAN BEDARD PRESIDENT 0 246193 0 45100 0 0 0 10218 0 39640 0 341151 0 0 ZELL GASTON CHIEF FINANCIAL OFFICER (LEFT 10/23) 0 75349 0 94813 0 0 0 1810 0 13008 0 184980 0 0 PART I, LINE 1A THE PRESIDENT OF ELIM PARK IS REQUIRED TO LIVE ON THE FACILITY CAMPUS AS A CONDITION OF EMPLOYMENT. HOUSING IS CONSIDERED NONTAXABLE COMPENSATION AND THE VALUE IS INCLUDED IN PART II COLUMN D. PART I, LINE 3 THE CEO/EXECUTIVE DIRECTOR IS PAID BY RELATED ORGANIZATION, ELIM PARK BAPTIST HOME, INC. THAT USES THE FOLLOWING PROCEDURE TO DETERMINE COMPENSATION: THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS INDEPENDENT STUDIES. THE COMMITTEE THEN DISCUSSES AND VOTES. THIS ACTION IS DOCUMENTED. X 2 119558 FMV 0 0 0 PART I, COLUMN (B): COLUMN B IS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATE MEMBER OF THE CORPORATION SHALL BE THE ELIM PARK BAPTIST HOME, IN., A CONNECTICUT NOT-FOR-PROFIT CORPORATION, OR ANY SUCCESSOR TO THE ELIM PARK BAPTIST HOME, INC., RESULTING FROM MERGER, CONSOLIDATION OR OTHER CORPORATE REORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A SUBJECT TO THE POWERS RESERVED TO THE CORPORATE MEMBER IN ARTICLE II, THE PROPERTY, BUSINESS, AND AFFAIRS OF THE CORPORATION SHALL BE MANAGED BY ITS BOARD OF DIRECTORS ("BOARD") AND THE BOARD MAY EXERCISE ALL SUCH POWERS OF THE CORPORATION AS ARE AUTHORIZED BY LAW, BY THE CERTIFICATE OF INCORPORATION OR BY THE BYLAWS, AS MAY BE AMENDED FROM TIME TO TIME. FORM 990, PART VI, SECTION A, LINE 7B THE CORPORATE MEMBER SHALL ENSURE THAT ALL ACTIONS OF THE CORPORATION ARE CONSISTENT WITH THE MISSION, VISION, VALUES AND PURPOSES OF THE CORPORATION. THE CORPORATE MEMBER SHALL HAVE ALL RIGHTS WHICH ARE VESTED IN MEMBERS OF A CORPORATION UNDER THE CONNECTICUT REVISED NONSTOCK CORPORATION ACT OR ANY OTHER APPLICABLE LAW, AS MAY BE AMENDED FROM TIME TO TIME, INCLUDING THE POWERS SPECIFIED IN THESE BYLAWS. THE CORPORATE MEMBER SHALL HAVE THE FOLLOWING EXCLUSIVE POWERS: 1. TO ADOPT AND AMEND STATEMENTS OF MISSION, VISION, VALUES AND PURPOSE. 2. TO AMEND THE CORPORATION'S CERTIFICATE OF INCORPORATION AND BYLAWS AS PROVIDED IN ARTICLE X. 3. TO ESTABLISH THE INVESTMENT POLICY AND CORPORATE SPENDING LIMIT FOR THE CORPORATION. 4. TO SELECT LEGAL COUNSEL AND/OR MAJOR CONSULTANTS FOR THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B NO COMITTEES HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FULL FORM 990 IS REVIEWED BY THE CONTROLLER AND CFO PRIOR TO FILING. THE FORM 990, EXCLUDING SCHEDULE B, IS PROVIDED TO THE FULL BOARD AFTER FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, DISCLOSURES ARE FILLED OUT BY EACH DIRECTOR. THESE ARE REVIEWED ANNUALLY TO ENSURE COMPLIANCE. IF AN ISSUE COMES UP, IT IS ADDRESSED AT THAT TIME. FORM 990, PART VI, SECTION B, LINE 15 THE CEO/EXECUTIVE DIRECTOR IS PAID BY RELATED ORGANIZATION, ELIM PARK, THAT USES THE FOLLOWING PROCEDURE TO DETERMINE COMPENSATION: THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS INDEPENDENT STUDIES. THE COMMITTEE THEN DISCUSSES AND VOTES. THIS ACTION IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE TO RESIDENTS AND POTENTIAL RESIDENTS OF ELIM PARK BAPTIST HOME. THEY ARE ALSO AVAILABLE IN THE ANNUALLY FILED DISCLOSURE STATEMENT TO THE STATE OF CT. FORM 990, PART XI, LINE 9: CHANGE IN CHARITABLE GIFT ANNUITY -168,876. ELIM PARK BAPTIST HOME INC 140 COOK HILL ROAD CHESHIRE CT 06410 060658099 CONTINUING CARE COMMUNITY CT 501(C)(3) LINE 10 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 ELIM PARK BAPTIST HOME E 1791224 LOAN BALANCE