Totals
- Total revenue
- $1,697,548
- Total expenses
- $462,311
- Contributions and grants received
- $472,903
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $1,224,645
- Other revenue
- $0
- Total assets, end of year
- $14,868,533
- Total liabilities, end of year
- $41,192
- Net assets or fund balances, end of year
- $14,827,341
- Program services expenses (Part IX)
- $210,381
- Management and general expenses
- $169,614
- Fundraising expenses
- $82,316
- Program service expenses (Part III)
- $210,381
Program services were 45.5% 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.
-
1f · All other contributions, gifts and grants
$472,903
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $326,671 · excluded $326,671
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $897,974
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $897,974 · other assets $0
-
7d · Net gain or loss
total $897,974 · excluded $897,974
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $81,452 · management and general $81,452
-
11c · Fees: accounting
total $8,983 · management and general $8,983
-
11f · Fees: investment management
total $60,611 · management and general $60,611
-
11g · Fees: other
total $35,363 · program services $0 · management and general $807 · fundraising $34,556
-
13 · Office expenses
total $127 · management and general $127
-
14 · Information technology
total $5,356 · program services $180 · management and general $5,176
-
17 · Travel
total $153 · management and general $153
-
19 · Conferences, conventions and meetings
total $1,885 · program services $35 · management and general $1,850
-
23 · Insurance
total $17,159 · program services $6,704 · management and general $10,455
-
24a · Other expenses: RESIDENT PROJECTS
total $251,222 · program services $203,462 · fundraising $47,760
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,766
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $635
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $14,448,876 · end of year $14,867,898
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $22,906 · end of year $15,591
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $983,374 · end of year $25,601
-
27 · Net assets without donor restrictions
beginning of year $9,349,419 · end of year $4,113,859
-
28 · Net assets with donor restrictions
beginning of year $4,102,943 · end of year $10,713,482
Mission and programs · 2024
Mission
THE MISSION OF SUNNYSIDE FOUNDATION, INC. IS TO PROVIDE APPROPRIATE HUMANITARIAN AID THROUGH FINANCIAL SUPPORT AND CONSUMER PROTECTION FOR RESIDENTS OF SUNNYSIDE VILLAGE AND TO CONSIDER ASSISTANCE WITH SPECIAL REQUESTS FOR THE NEEDS OF RELATED 501(C)(3) ORGANIZATIONS.
Activities or mission (Part I)
TO PROVIDE FINANCIAL SUPPORT AND CONSUMER PROTECTION FOR RESIDENTS OF SUNNYSIDE VILLAGE.
-
SUNNYSIDE FOUNDATION PROVIDES ASSISTANCE BASED ON DEMONSTRATED NEED FOR ACCESS INTO THE SUNNYSIDE VILLAGE INDEPENDENT AND ASSISTED LIVING COMMUNITY, ASSISTANCE WITH MONTHLY MAINTENANCE FEES, ACTIVITIES PROGRAMS AND FEES, AND OTHER WELLNESS PROGRAMS. ASSISTANCE IS CONSIDERED ONLY AFTER BOARD AND/OR COMMITTEE REVIEW OF A DOCUMENTED FINANCIAL NEED AND SUBJECT TO THE CRITERIA OUTLINED IN INDIVIDUAL FUND POLICIES. ASSISTANCE WITH PERSONAL ISSUES RELATED TO FRAUD, IDENTITY THEFT AND INSURANCE, AMONG MANY OTHERS, IS ALSO PROVIDED TO RESIDENTS. SUNNYSIDE PROVIDES OVERSIGHT OF THE DISBURSEMENT OF PERSONAL ITEMS LEFT BY RESIDENTS AND THEIR FAMILIES UPON VACATING THEIR SUNNYSIDE HOME. THESE ITEMS ARE SHARED WITH THE SOCIAL SERVICES PROGRAMS IN THE BROADER SARASOTA COMMUNITY.
Expenses $210,381
As filed on the 2024 return.
Listed in Part VII
-
Allison NewhouseALLISON NEWHOUSE
FORMER FOUNDATION DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl KornhausCHERYL KORNHAUS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Dan O'ConnerDAN O'CONNER
TREASURER/SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Steve LaneSTEVE LANE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Crockett WalkerCROCKETT WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Curtis Ross IICURTIS ROSS II
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Dave EvansDAVE EVANS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wade HarrisWADE HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Heather NeffHEATHER NEFF
CEO/EXECUTIVE DIRECTOR
- Total calculated
- $128,988
- From this org
- $0
- From related orgs
- $124,950
- Other
- $4,038
- Hours/week
- 10 + 30 related
-
Robert KellyROBERT KELLY
CFO
- Total calculated
- $0
- Hours/week
- 10 + 30 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.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
- SUNNYSIDE FOUNDATION, INC.'S PERSONNEL ARE EMPLOYED BY SUNNYSIDE PROPERTIES OF SARASOTA, INC., A RELATED 501(C)(3) ORGANIZATION. THE FOLLOWING METHODS ARE UTILIZED BY SUNNYSIDE PROPERTIES OF SARASOTA, INC. TO ESTABLISH COMPENSATION FOR THE CEO: - COMPENSATION COMMITTEE - WRITTEN EMPLOYMENT CONTRACT - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
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.
-
SUNNYSIDE PROPERTIES OF SARASOTA INC
501(c)(3) · SENIOR LIVING FACILITY AND HEALTH CARE SERVICES · FL
Directly controlled by NA
-
501(c)(3) · SKILLED NURSING FACILITY AND ASSISTED LIVING FACILITY · FL
Directly controlled by SUNNYSIDE PROPERTIES OF SARASOTA INC
-
501(c)(3) · INACTIVE · FL
Directly controlled by SUNNYSIDE PROPERTIES OF SARASOTA INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 May 2026
- IRS schema version
- 2024v5.1
- Source object
- 202611319349302131
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