Form 990 for tax year 2024
Filed by SAINT ELIZABETH DEVELOPMENT CORPORATION.
Totals
- Total revenue
- $102,156
- Total expenses
- $153,104
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $102,156
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $4,430,117
- Total liabilities, end of year
- $8,580
- Net assets or fund balances, end of year
- $4,421,537
- Program services expenses (Part IX)
- $153,104
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $153,104
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: GROUND LEASE REVENUE
total $102,156 · related or exempt $102,156
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $1,838 · program services $1,838
-
13 · Office expenses
total $1,202 · program services $1,202
-
16 · Occupancy
total $127,212 · program services $127,212
-
22 · Depreciation, depletion and amortization
total $7,480 · program services $7,480
-
24a · Other expenses: GROUNDS EXPENSE
total $15,350 · program services $15,350
-
24e · All other expenses
total $22 · program services $22
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $89,446 · end of year $26,326
-
4 · Accounts receivable
beginning of year $251 · end of year $8,764
-
9 · Prepaid expenses and deferred charges
beginning of year $3,588 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$4,486,794
-
10b · Land, buildings and equipment: accumulated depreciation
$95,546
-
10c · Land, buildings and equipment, net
beginning of year $4,398,728 · end of year $4,391,248
-
15 · Other assets
beginning of year $417 · end of year $3,779
-
17 · Accounts payable and accrued expenses
beginning of year $5,845 · end of year $6,668
-
19 · Deferred revenue
beginning of year $0 · end of year $1,912
-
25 · Other liabilities
beginning of year $14,100 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $4,472,485 · end of year $4,421,537
Mission and programs · 2024
Mission
ST. ELIZABETH DEVELOPMENT CORPORATION WAS ESTABLISHED FOR THE EXCLUSIVE PURPOSES OF ACQUIRING PROPERTY AND HOLDING TITLE OF REAL AND PERSONAL PROPERTY ON BEHALF OF SAINT ELIZABETH HOME, THE CORPORATION'S SOLE CORPORATE MEMBER.
-
ACQUIRING PROPERTY AND HOLDING TITLE OF REAL AND PERSONAL PROPERTY ON BEHALF OF SAINT ELIZABETH HOME, THE COPORATION'S SOLE CORPORATE MEMBER.
Expenses $153,104 · Revenue $102,156
As filed on the 2024 return.
Listed in Part VII
-
Steven W TilleySTEVEN W TILLEY
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Claire C FlahertyCLAIRE C FLAHERTY
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Steven H KitchinSTEVEN H KITCHIN
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Judy W VigarJUDY W VIGAR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Craig W CarpenterCRAIG W CARPENTER
IMMEDIATE PAST CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Kristen L DisantoKRISTEN L DISANTO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Robin DziubaROBIN DZIUBA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Frederick G HarrisonFREDERICK G HARRISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Timothy MurrayTIMOTHY MURRAY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Mark J ProvostMARK J PROVOST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Kimberley RanalliKIMBERLEY RANALLI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Scott SeabackSCOTT SEABACK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Philip C SlocumPHILIP C SLOCUM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 10.5 related
-
Matthew R TrimbleMATTHEW R TRIMBLE
PRESIDENT & CEO
- Total calculated
- $336,106
- From this org
- $0
- From related orgs
- $311,080
- Other
- $25,026
- Hours/week
- 0.5 + 39.5 related
Schedule J breakdown matched by us
- Base
- $0 + $311,080 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $9,332 related
- Nontaxable benefits
- $0 + $15,694 related
- Filer's total
- $0 + $336,106 related
-
Mark LoiselleMARK LOISELLE
CHIEF FINANCIAL OFFICER
- Total calculated
- $237,344
- From this org
- $0
- From related orgs
- $223,447
- Other
- $13,897
- Hours/week
- 0.5 + 39.5 related
Schedule J breakdown matched by us
- Base
- $0 + $223,447 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $6,703 related
- Nontaxable benefits
- $0 + $7,194 related
- Filer's total
- $0 + $237,344 related
-
Roberta MerkleROBERTA MERKLE
VP-STRATEGIC INITIATIVES
- Total calculated
- $192,580
- From this org
- $0
- From related orgs
- $179,307
- Other
- $13,273
- Hours/week
- 2 + 38 related
Schedule J breakdown matched by us
- Base
- $0 + $179,307 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $5,379 related
- Nontaxable benefits
- $0 + $7,894 related
- Filer's total
- $0 + $192,580 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SAINT ELIZABETH ADULT DAY CENTERS
501(C)(3) · ADULT DAYCARE SERVICES · RI
-
SAINT ELIZABETH APARTMENTS FOR SENIORS
501(C)(3) · ELDERLY HOUSING FACILITIES AND SERVICES · RI
-
SAINT ELIZABETH APARTMENTS FOR SENIORS AND MOBILITY-IMPAIRED
501(C)(3) · OPERATES APARTMENT COMPLEX FOR ELDERLY · RI
-
501(C)(3) · HOME CARE · RI
-
SAINT ELIZABETH HOME EAST GREENWICH
501(C)(3) · OPERATES NURSING HOME · RI
-
ST ELIZABETH'S WORKERS' COMPENSATION TRUST
501(C)(3) · SELF INSURED WORKERS' COMPENSATION TRUST · RI
-
501(C)(3) · SUPPORTING AND MAKING CONTRIBUTIONS TO THE RELATED ORGANIZATIONS · RI
-
501(C)(3) · OPERATES AN ASSISTED LIVING FACILITY · RI
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
SAINT ELIZABETH ASSISTED LIVING LP
OPERATES ASSISTED LIVING FACILITY · RI
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
SEAL MELROSE INC
C · REAL ESTATE DEVELOPERS · RI
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 31 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523109349302722
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