Totals
- Total revenue
- $1,029,566
- Total expenses
- $507,011
- Contributions and grants received
- $409,202
- Grants paid
- $130,756
- Program service revenue
- $0
- Investment income
- $620,364
- Other revenue
- $0
- Total assets, end of year
- $12,325,219
- Total liabilities, end of year
- $874,455
- Net assets or fund balances, end of year
- $11,450,764
- Program services expenses (Part IX)
- $225,798
- Management and general expenses
- $138,247
- Fundraising expenses
- $142,966
- Program service expenses (Part III)
- $225,798
Program services were 44.5% 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.
-
1e · Government grants (contributions)
$16,307
-
1f · All other contributions, gifts and grants
$392,895
-
3 · Investment income
total $248,339 · excluded $248,339
-
7a · Gross sales of assets other than inventory
securities $372,025
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $372,025
-
7d · Net gain or loss
total $372,025 · excluded $372,025
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $130,756 · program services $130,756
-
11a · Fees: management
total $50,640 · management and general $50,640
-
11c · Fees: accounting
total $12,240 · management and general $12,240
-
11f · Fees: investment management
total $53,574 · management and general $53,574
-
11g · Fees: other
total $81,693 · management and general $2,092 · fundraising $79,601
-
13 · Office expenses
total $741 · program services $741
-
14 · Information technology
total $5,272 · management and general $5,272
-
17 · Travel
total $3,616 · program services $2,184 · management and general $1,432
-
19 · Conferences, conventions and meetings
total $3,595 · program services $106 · management and general $3,489
-
23 · Insurance
total $13,556 · program services $4,405 · management and general $9,151
-
24a · Other expenses: RESIDENT PROJECTS
total $150,971 · program services $87,606 · fundraising $63,365
-
24b · Other expenses: MISCELLANEOUS
total $357 · management and general $357
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $14,969 · end of year $19,205
-
11 · Investments: publicly traded securities
beginning of year $10,873,847 · end of year $12,306,014
-
17 · Accounts payable and accrued expenses
beginning of year $21,053 · end of year $17,158
-
25 · Other liabilities
beginning of year $755,111 · end of year $857,297
-
27 · Net assets without donor restrictions
beginning of year $6,123,584 · end of year $7,433,823
-
28 · Net assets with donor restrictions
beginning of year $3,989,068 · end of year $4,016,941
Mission and programs · 2022
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 $225,798 · Grants $130,756
As filed on the 2022 return.
Listed in Part VII
-
Steve LaneSTEVE LANE
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Bob AntrimBOB ANTRIM
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Dave EvansDAVE EVANS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Wade HarrisWADE HARRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Curtis Ross IICURTIS ROSS II
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Dan O'ConnerDAN O'CONNER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Crockett WalkerCROCKETT WALKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl KornhausCHERYL KORNHAUS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Chris McGeeCHRIS MCGEE
CEO/EXECUTIVE DIRECTOR
- Total calculated
- $207,584
- From this org
- $0
- From related orgs
- $195,713
- Other
- $11,871
- Hours/week
- 5 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $195,713 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $2,400 related
- Nontaxable benefits
- $0 + $9,471 related
- Filer's total
- $0 + $207,584 related
-
Timothy HurleyTIMOTHY HURLEY
DIRECTOR OF FINANCES
- Total calculated
- $158,527
- From this org
- $0
- From related orgs
- $142,180
- Other
- $16,347
- Hours/week
- 1 + 41 related
Schedule J breakdown matched by us
- Base
- $0 + $142,180 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $8,441 related
- Nontaxable benefits
- $0 + $7,906 related
- Filer's total
- $0 + $158,527 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
- 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)
- PART I, LINE 3
- 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
-
$130,756
MISSION SUPPORT AND EVENTS
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
-
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
- 2022
- Filed
- 7 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401289349302835
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