2024-07-30T07:20:17-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 900 ORLANDO FL 32801 990 2023-01-01 651232040 THE MOORINGS PARK INSTITUTE INCORPORATED MOOR 2396439111 120 MOORINGS PARK DRIVE NAPLES FL 34105 MARY MORTON CHIEF FINANCIAL OFFICER 2392611616 2024-07-26 1 0 AMY CHAPMAN P00843460 4078021200 2024-07-24 2023 2024-08-08 14:25:15Z DANIEL J LAVENDER 120 MOORINGS PARK DRIVE NAPLES FL 34105 11312995 0 X WWW.MOORINGSPARK.ORG X 2004 FL TO PROVIDE SIMPLY THE BEST FACILITIES AND SERVICES FOR SUCCESSFUL AGING WITH PROFESSIONAL AND COMPASSIONATE CARE TO EACH PERSON WE SERVE. 11 10 68 11 0 0 15077 39127 10417174 11269942 841 3926 0 0 10433092 11312995 0 5000 0 0 6034238 6243746 0 0 0 4395945 5096205 10430183 11344951 2909 -31956 752356 133208682 752356 890434 0 132318248 TO PROVIDE SIMPLY THE BEST FACILITIES AND SERVICES FOR SUCCESSFUL AGING WITH PROFESSIONAL AND COMPASSIONATE CARE TO EACH PERSON WE SERVE. 0 0 11157984 5000 11269942 TO PROVIDE MANAGEMENT SERVICES TO ADVANCE, PROMOTE AND SUPPORT THE EXEMPT PURPOSES OF THE MOORINGS, INCORPORATED, MOORINGS PARK COMMUNITY HEALTH, INCORPORATED, MOORINGS PARK HEALTHY LIVING, INCORPORATED, MOORINGS PARK FOUNDATION, INC. AND RIVERSIDE AT MOORINGS PARK, INCORPORATED, ALL TAX-EXEMPT ORGANIZATIONS, WHICH PROVIDE A LIFE CARE RETIREMENT COMMUNITY DESIGNED TO ACCOMODATE PERSONS 62 YEARS OF AGE OR OLDER. 11157984 1 1 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 68 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X MARY MORTON 2392611616 120 MOORINGS PARK DRIVE NAPLES FL 34105 DANIEL J LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 40.00 10.00 X X 616495 0 33421 ROSS DICKMANN CHIEF OPERATING OFFICER 40.00 10.00 X 381276 0 26934 MARY MORTON CPA CHIEF FINANCIAL OFFICER 40.00 10.00 X 334744 0 30456 THOMAS MANN VICE PRESIDENT SALES AND MARKETING 40.00 0.00 X 338424 0 35824 DIANA L BAILEY VICE PRESIDENT OF CLINICAL SERVICES 40.00 0.00 X 226760 0 30966 RANDY POWELL EXECUTIVE DIRECTOR - FACILITIES 40.00 0.00 X 220309 0 24784 ANTONIO MARQUES CHIEF INFORMATION OFFICER 40.00 0.00 X 183711 0 10598 MEREDITH JENKINS CONTROLLER 40.00 0.00 X 145328 0 16812 THOMAS TAYLOR CHAIR 2.00 2.00 X X 0 0 0 MICHAEL WYNN VICE CHAIR 2.00 2.00 X X 0 0 0 DUDLEY GOODLETTE TREASURER/SECRETARY 2.00 2.00 X X 0 0 0 LAURIE COWAN PHILLIPS DIRECTOR 2.00 6.00 X 0 0 0 RICHARD GRANT DIRECTOR (THRU 6.30.23) 2.00 0.00 X 0 0 0 CLARK HILL DIRECTOR 2.00 2.00 X 0 0 0 LAURA HOLQUIST DIRECTOR 2.00 6.00 X 0 0 0 THOMAS MCCANN DIRECTOR 2.00 0.00 X 0 0 0 KAREN MOSTELLER DIRECTOR 2.00 0.00 X 0 0 0 ELLEN WILSON DIRECTOR 2.00 6.00 X 0 0 0 JOSEPH ZACCAGNINO DIRECTOR 2.00 6.00 X 0 0 0 2447047 0 209795 9 0 1 0 KONICA MINOLTA BUSINESS SOLUTIONS DEPT LA 22988 PASADENA CA 91185 IT SERVICES 2096538 KORN FERRY NW 5854 PO BOX 1450 MINNEAPOLIS MN 554855854 CONSULTING SERVICES 221071 CLIFTONLARSONALLEN LLP PO BOX 740870 ATLANTA GA 30374 CONSULTING SERVICES 150360 BALDWIN KRYSTYN SHERMAN 4211 W BOY SCOUT BLVD STE 800 TAMPA FL 33607 BROKERAGE SERVICES 102600 4 39127 39127 MANAGEMENT FEE 541610 11269942 11269942 11269942 3926 3926 11312995 11269942 0 3926 X 5000 5000 1405506 1405506 3896112 3896112 180138 180138 444239 444239 317751 317751 185639 185639 148097 148097 1804444 1804444 6990 6990 5933 5933 1171201 1171201 28437 28437 78053 78053 TELECOMMUNICATIONS 1269012 1269012 RECRUITING 110956 110956 DUES AND SUBSCRIPTIONS 58656 58656 SUPPLIES 41820 41820 186967 186967 11344951 11157984 186967 0 19334 24904 343831 449090 97932 233813 132318248 291259 182627 752356 133208682 652356 690434 100000 200000 752356 890434 X 129485320 2832928 0 132318248 752356 133208682 X -31956 31956 132318248 X X 0 1 X 1 0 X X X 5 MOORINGS PARK COMMUNITY HEALTH INCORPORATED 651232037 10 1 0 0 THE MOORINGS INCORPORATED 591834357 10 1 0 0 MOORINGS PARK FOUNDATION INC 263631295 8 1 0 0 RIVERSIDE AT MOORINGS PARK 263512448 7 1 0 0 MOORINGS PARK HEALTHY LIVING INCORPORATED 452443047 10 1 0 0 5 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT IN SUBSIDIARIES 132318248 C 132318248 DEFERRED COMPENSATION 200000 200000 0 UNITED WAY OF COLLIER AND THE KEYS INC 9015 STRADA STELL CT 204 NAPLES FL 34109 591026096 5000 0 DEDICATED TO IMPROVING THE EDUCATION, HEALTH, AND FINANCIAL STABILITY OF OUR NEIGHBORS IN COLLIER AND MONROE COUNTIES 1 0 X X X X X X 0 1 0 0 0 0 0 0 0 DANIEL J LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 540180 0 52525 0 23790 0 19800 0 13621 0 649916 0 0 0 ROSS DICKMANN CHIEF OPERATING OFFICER 327088 0 31636 0 22552 0 16026 0 10908 0 408210 0 0 0 MARY MORTON CPA CHIEF FINANCIAL OFFICER 288954 0 32969 0 12821 0 17475 0 12981 0 365200 0 0 0 THOMAS MANN VICE PRESIDENT SALES AND MARKETING 282526 0 54608 0 1290 0 17466 0 18358 0 374248 0 0 0 DIANA L BAILEY VICE PRESIDENT OF CLINICAL SERVICES 202478 0 14930 0 9352 0 12608 0 18358 0 257726 0 0 0 RANDY POWELL EXECUTIVE DIRECTOR - FACILITIES 203372 0 15647 0 1290 0 12264 0 12520 0 245093 0 0 0 ANTONIO MARQUES CHIEF INFORMATION OFFICER 173143 0 9878 0 690 0 10389 0 209 0 194309 0 0 0 MEREDITH JENKINS CONTROLLER 136772 0 8281 0 275 0 8324 0 8488 0 162140 0 0 0 PART I, LINE 4B THE ORGANIZATION MAINTAINS A NONQUALIFIED DEFERRED COMPENSATION PLAN ESTABLISHED UNDER SECTION 457(F) OF THE INTERNAL REVENUE CODE FOR ITS CHIEF EXECUTIVE OFFICER, TO WHICH THE ORGANIZATION MAKES CONTRIBUTIONS. DURING THE YEAR ENDED DECEMBER 31, 2023, THE ORGANIZATION CONTRIBUTED $100,000 TO THE PLAN. PART I, LINE 3 THE ORGANIZATION MAINTAINS A WRITTEN COMPENSATION PHILOSOPHY FOR ALL EMPLOYEES, INCLUDING TOP MANAGEMENT OFFICIALS, THAT ADDRESSES ALL ELEMENTS OF COMPENSATION, INCLUDING MERIT BONUSES. THE MANAGEMENT DEVELOPMENT & COMPENSATION COMMITTEE, WHICH IS INDEPENDENT WITH RESPECT TO ALL COMPENSATION DECISIONS, IS CHARGED WITH MANAGING THE PROCESS AND REPORTING TO THE BOARD. THE CHAIR OF THE BOARD IS RESPONSIBLE FOR CONDUCTING THE ANNUAL PERFORMANCE REVIEW OF THE CEO AND THE CEO IS RESPONSIBLE FOR CONDUCTING THE ANNUAL PERFORMANCE REVIEWS OF ALL OTHER TOP MANAGEMENT OFFICIALS. A MERIT BONUS FOR CERTAIN MANAGEMENT MAY BE APPROVED BASED ON PERFORMANCE CRITERIA AND GOALS. THE COMPENSATION OF EACH OF THE TOP MANAGEMENT OFFICIALS IS REVIEWED BY THE MANAGEMENT DEVELOPMENT & COMPENSATION COMMITTEE USING COMPARATIVE DATA. IN ADDITION, DURING 2023, THE MANAGEMENT DEVELOPMENT & COMPENSATION COMMITTEE RECEIVED A REPORT FROM AN INDEPENDENT COMPENSATION CONSULTANT REGARDING EXECUTIVE COMPENSATION. PART II, (B)(III): INCLUDES VESTED AMOUNTS OF CONTRIBUTIONS PREVIOUSLY MADE TO A 457(B) PLAN. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE SHALL BE CHARGED WITH ALL DUTIES AND RESPONSIBILITIES OF THE BOARD, AND IS AUTHORIZED TO ACT ON BEHALF OF THE BOARD BETWEEN ITS REGULAR OR SPECIAL MEETINGS; PROVIDED, HOWEVER, THAT (A) THE EXECUTIVE COMMITTEE SHALL HAVE NO AUTHORITY TO (I) FILL VACANCIES ON THE BOARD OR ANY OF ITS COMMITTEES OR (II) ADOPT, AMEND OR REPEAL THESE BYLAWS, AND (B) ALL ACTIONS OF THE EXECUTIVE COMMITTEE SHALL BE REPORTED TO THE BOARD AT ITS NEXT MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY CLA WITH INFORMATION PROVIDED BY THE FINANCE DEPARTMENT OF THE MOORINGS PARK INSTITUTE, INCORPORATED. MANAGEMENT REVIEWS THE 990 AND PROVIDES A COPY TO THE AUDIT COMMITTEE, FOR APPROVAL, PRIOR TO PRESENTATION IN DRAFT TO THE BOARD MEMBERS OF THE MOORINGS PARK INSTITUTE, INC. UPON BOARD APPROVAL, THE 990 IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH THE CONFLICT OF INTEREST POLICY, THE TERM "CONFLICT OF INTEREST" SHALL MEAN AN ACTUAL OR PERCEIVED INTEREST OF A KEY EMPLOYEE OR DIRECTOR IN AN ACTION OF THE MOORINGS PARK INSTITUTE, INCORPORATED THAT WOULD RESULT IN, OR HAS THE APPEARANCE OF RESULTING IN, PERSONAL OR PROFESSIONAL GAIN OR LOSS FOR THE KEY EMPLOYEE OR DIRECTOR. IF AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST EXISTS AS TO A KEY EMPLOYEE OR DIRECTOR, HE OR SHE SHALL DISCLOSE THE EXISTENCE OF THE CONFLICT OF INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE BOARD. AFTER SUCH DISCLOSURE, THE DISINTERESTED DIRECTORS SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. EACH YEAR, EACH KEY EMPLOYEE AND DIRECTOR IS REQUIRED TO SIGN A NEW CONFLICT OF INTEREST DISCLOSURE STATEMENT. IN ADDITION, THE BOARD MINUTES REFLECT THE DISCLOSURE OF ANY REAL OR PERCEIVED CONFLICT. THE HUMAN RESOURCES DEPARTMENT MONITORS THIS POLICY ON AN ONGOING BASIS. FORM 990, PART VI, SECTION B, LINE 15 OUTSIDE CONSULTANTS ARE USED ON A REGULAR AND RECURRING BASIS. THE OUTSIDE CONSULTANT, KORN FERRY, WAS USED BEGINNING IN 2008 AND WAS USED AGAIN IN 2012, 2017, 2021, 2022 AND 2023. THE CONSULTANTS ARE USED WHEN MAJOR EXECUTIVE CONTRACTS ARE MODIFIED OR CHANGED. DURING THE INTERIM YEARS THE ORGANIZATION OBTAINS THE LEADINGAGE-CEMO LEADERSHIP COMPENSATION SURVEY TO MONITOR COMPENSATION TRENDS. THE MANAGEMENT DEVELOPMENT & COMPENSATION COMMITTEE (MADE UP OF 5 MEMBERS) DOCUMENTS THE FINDINGS. THE AUDIT COMMITTEE AND THE FULL BOARD REVIEW AND APPROVE CONTRACTS PRIOR TO SIGNING. COMPARABILITY DATA FROM SIMILAR EXEMPT ORGANIZATIONS ARE ALSO CONSIDERED. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 1,804,444. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,804,444. FORM 990, PART XI, LINE 9: EQUITY IN EARNINGS FROM WHOLLY OWNED SUBSIDIARIES 33,539,584. NET ASSETS - BEGINNING OF THE YEAR 98,778,664. PART XII, LINE 2C ALTHOUGH NO AUDIT IS PERFORMED FOR THE INDIVIDUAL ORGANIZATION, THE CONSOLIDATED FINANCIAL STATEMENTS OF THE MOORINGS PARK INSTITUTE, INC AND SUBSIDIARIES, WHICH INCLUDES THIS ORGANIZATION AND THE RELATED ENTITIES LISTED ON SCHEDULE R, ARE AUDITED ANNUALLY BY AN INDEPENDENT AUDITOR. THE AUDITED FINANCIAL STATEMENTS ARE THEN POSTED IN THE CLUBHOUSE. FORM 990, PART VII: SECTION A, COLUMN B TIME DEVOTED TO THE MOORINGS, INC. - EIN# 59-1834357 NAME TITLE HRS/WK DEVOTED DANIEL J. LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 2.00 LAURIE COWAN PHILLIPS CHAIR 2.00 LAURA HOLQUIST SECRETARY/TREASURER 2.00 ELLEN WILSON DIRECTOR 2.00 JOSEPH ZACCAGNINO DIRECTOR 2.00 MARY MORTON, CPA CHIEF FINANCIAL OFFICER 2.00 ROSS DICKMANN CHIEF OPERATING OFFICER 2.00 FORM 990, PART VII: SECTION A, COLUMN B TIME DEVOTED TO MOORINGS PARK COMMUNITY HEALTH, INC. - EIN# 65-1232037 NAME TITLE HRS/WK DEVOTED DANIEL J. LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 2.00 LAURIE COWAN PHILLIPS CHAIR 2.00 LAURA HOLQUIST SECRETARY/TREASURER 2.00 JOSEPH ZACCAGNINO DIRECTOR 2.00 ELLEN WILSON DIRECTOR 2.00 MARY MORTON, CPA CHIEF FINANCIAL OFFICER 2.00 ROSS DICKMANN CHIEF OPERATING OFFICER 2.00 FORM 990, PART VII: SECTION A, COLUMN B TIME DEVOTED TO MOORINGS PARK HEALTHY LIVING, INC. - EIN# 45-2443047 NAME TITLE HRS/WK DEVOTED DANIEL J. LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 2.00 LAURIE COWAN PHILLIPS CHAIR 2.00 LAURA HOLQUIST SECRETARY/TREASURER 2.00 JOSEPH ZACCAGNINO DIRECTOR 2.00 ELLEN WILSON DIRECTOR 2.00 MARY MORTON, CPA CHIEF FINANCIAL OFFICER 2.00 ROSS DICKMANN CHIEF OPERATING OFFICER 2.00 FORM 990, PART VII: SECTION A, COLUMN B TIME DEVOTED TO MOORINGS PARK FOUNDATION, INC. - EIN# 26-3631295 NAME TITLE HRS/WK DEVOTED DANIEL J. LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 2.00 MARY MORTON, CPA CHIEF FINANCIAL OFFICER 2.00 ROSS DICKMANN CHIEF OPERATING OFFICER 2.00 FORM 990, PART VII: SECTION A, COLUMN B TIME DEVOTED TO RIVERSIDE AT MOORINGS PARK INCORPORATED. - EIN# 26-3512448 NAME TITLE HRS/WK DEVOTED DANIEL J. LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 2.00 DUDLEY GOODLETTE SECRETARY/TREASURER 2.00 MICHAEL WYNN DIRECTOR 2.00 CLARK HILL DIRECTOR 2.00 MARY MORTON, CPA CHIEF FINANCIAL OFFICER 2.00 ROSS DICKMANN CHIEF OPERATING OFFICER 2.00 THE MOORINGS INC 120 MOORINGS PARK DRIVE NAPLES FL 34105 591834357 OPERATES A LIFECARE COMMUNITY DESIGNED TO ACCOMMODATE PERSONS 62 YEARS OF AG FL 501(C)(3) LINE 10 N/A 0 MOORINGS PARK COMMUNITY HEALTH INC 120 MOORINGS PARK DRIVE NAPLES FL 34105 651232037 PROVIDES HOME HEALTH SERVICES FL 501(C)(3) LINE 10 N/A 0 MOORINGS PARK FOUNDATION INC 120 MOORINGS PARK DRIVE NAPLES FL 34105 263631295 PROVIDES HUMAN AND FINANCIAL RESOURCES IN THE SUPPORT OF SUCCESSFUL AGING FL 501(C)(3) LINE 8 N/A 0 RIVERSIDE AT MOORINGS PARK INC 120 MOORINGS PARK DRIVE NAPLES FL 34105 263512448 ORGANIZED FOR CHARITABLE AND/OR EDUCATIONAL PURPOSES FL 501(C)(3) LINE 7 N/A 0 MOORINGS PARK HEALTHY LIVING INC 120 MOORINGS PARK DRIVE NAPLES FL 34105 452443047 PROVIDER OF SUCCESSFUL AGING PROGRAMS TO RESIDENTS FL 501(C)(3) LINE 12B, II N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 0