CYPRESS COVE AT HEALTHPARK FLORIDA INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- CYPRESS COVE AT HEALTHPARK FLORIDA INC (EIN 65-0610085)
- Tax period
- 2021-10-01 to 2022-09-30
- Filed
- 2023-06-27
- IRS object ID
- 202301789349300120
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-06-27T09:45:08-05:00 | ReturnTs |
| Tax Period End | 2022-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 420 SOUTH ORANGE AVENUE SUITE 900 | AddressLine1Txt |
| City | ORLANDO | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 32801 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650610085 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CYPRESS COVE AT HEALTHPARK FLORIDA INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CYPR | BusinessNameControlTxt |
| Phone | 2394890023 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9800 SOUTH HEALTHPARK DRIVE 310 | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33908 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JEFFREY T DUNKLE | PersonNm |
| Person Title | CHAIRMAN | PersonTitleTxt |
| Phone | 2394890023 | PhoneNum |
| Signature | 2023-06-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JEFFREY | PersonFirstNm |
| Person Last | DUNKLE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | AMY CHAPMAN | PreparerPersonNm |
| PTIN | P00843460 | PTIN |
| Phone | 4078021200 | PhoneNum |
| Preparation | 2023-06-07 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHARLES B EDWARDS SR | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9800 SOUTH HEALTHPARK DRIVE 310 | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $94,533,795 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | HTTPS://CYPRESSCOVELIVING.ORG/ | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2007 | FormationYr |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Activity Or Mission | OUR MISSION IS TO CREATE AND SUSTAIN A CONTINUING CARE RETIREMENT COMMUNITY AT HEALTHPARK, FL AT A REASONABLE COST, AN ENVIRONMENT OF VITALITY WHILE COMFORTABLE AND SECURE. CYPRESS COVE OFFERS THE SECURITY OF CONTINUING CARE, WHEREBY RESIDENTS WHO HAVE QUALIFIED BOTH FINANCIALLY AND PHYSICALLY, CAN LIVE WITHIN THE COMMUNITY AND, IF NEEDED, RECEIVE ASSISTED LIVING AND SKILLED CARE FOR THE CONTRACTUAL MONTHLY FEE FOR THE DURATION OF THEIR LIVES. CYPRESS COVE WILL NOT DISMISS OR TERMINATE THE RESIDENT SOLELY BECAUSE OF FINANCIAL INABILITY TO PAY ALL OR A PART OF THE CONTRACTED MONTHLY SERVICE FEE. RESIDENTS CONTINUE THEIR ACTIVE AND INDEPENDENT LIFESTYLES, AGING WITH DIGNITY AND ADDED PEACE OF MIND. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 528 | TotalEmployeeCnt |
| Total Volunteers | 181 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,232,923 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,432,926 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $39,730,290 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $42,402,369 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$7,671,663 | PYInvestmentIncomeAmt |
| CY Investment Income | -$9,340,696 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $1,100,000 | CYOtherRevenueAmt |
| PY Total Revenue | $33,291,550 | PYTotalRevenueAmt |
| CY Total Revenue | $40,594,599 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $90,123 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $15,908,056 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $17,606,093 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $218,851 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $26,541,272 | PYOtherExpensesAmt |
| CY Other Expenses | $29,915,222 | CYOtherExpensesAmt |
| PY Total Expenses | $42,449,328 | PYTotalExpensesAmt |
| CY Total Expenses | $47,611,438 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$9,157,778 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$7,016,839 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $165,133,632 | TotalAssetsBOYAmt |
| Total Assets EOY | $238,772,906 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $206,464,869 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $279,235,164 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$41,331,237 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$40,462,258 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | OUR MISSION IS TO CREATE AND SUSTAIN A CONTINUING CARE RETIREMENT COMMUNITY AT HEALTHPARK,FL AT A REASONABLE COST, AN ENVIRONMENT OF VITALITY WHILE COMFORTABLE AND SECURE. CYPRESS COVE OFFERS THE SECURITY OF CONTINUING CARE, WHEREBY RESIDENTS WHO HAVE QUALIFIED BOTH FINANCIALLY AND PHYSICALLY, CAN LIVE WITHIN THE COMMUNITY AND, IF NEEDED, RECEIVE ASSISTED LIVING AND SKILLED CARE FOR THE CONTRACTUAL MONTHLY FEE FOR THE DURATION OF THEIR LIVES. CYPRESS COVE WILL NOT DISMISS OR TERMINATE THE RESIDENT SOLELY BECAUSE OF FINANCIAL INABILITY TO PAY ALL OR A PART OF THE CONTRACTED MONTHLY SERVICE FEE. RESIDENTS CONTINUE THEIR ACTIVE AND INDEPENDENT LIFESTYLES, AGING WITH DIGNITY AND ADDED PEACE OF MIND. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $27,719,973 | ExpenseAmt |
| Grant | $90,123 | GrantAmt |
| Revenue | $20,218,244 | RevenueAmt |
| Desc | PROVIDING A CONTINUING CARE COMMUNITY INCLUDING 333 INDEPENDENT LIVING APARTMENTS AND 44 VILLAS TOGETHER WITH APPROPRIATE COMMON AND AMENITY AREAS SITUATED ON 48 ACRES OF THE HEALTHPARK FLORIDA CAMPUS, LOCATED IN LEE COUNTY, FL. WE OFFER A HOLISTIC APPROACH TO LIFE BY PROVIDING THE FINEST RESORT STYLE AMENITIES, SERVICES AND A WELLNESS ENVIRONMENT PLACING A STRONG EMPHASIS ON PREVENTIVE CARE AND MAINTAINING GOOD HEALTH. WE FULFILL OUR MISSION BY 1) CREATING A CONTINUING CARE COMMUNITY THAT ENCOURAGES ACTIVITY AND PERSONAL GROWTH 2) PROVIDING DINING SERVICES OFFERING A BROAD, SATISFYING, AND NUTRITIOUS ARRAY OF CHOICES EVERY DAY 3) BY PROVIDING HOUSEKEEPING AND TRANSPORTATION, FREEING RESIDENT'S TIME, AND ENERGY 4) DEVELOPING A NEIGHBORHOOD WHICH FOSTERS NEW FRIENDSHIPS 5) PROVIDING GOOD BUSINESS PRACTICES 6) EXCEEDING RESIDENT EXPECTATIONS WHILE ATTENDING TO THEIR EMOTIONAL AND SPIRITUAL NEEDS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $16,584,098 | ExpenseAmt |
| Revenue | $12,096,020 | RevenueAmt |
| Desc | OUR HEALTH CENTER PROVIDES 44 ASSISTED LIVING UNITS, 44 MEMORY CARE ASSISTED LIVING UNITS AND 64 SKILLED NURSING UNITS, AS WELL AS A MODERN REHAB THERAPY GYM. WE FULFILL OUR MISSION BY 1) MAINTAINING A HIGH QUALITY CONTINUING CARE PROGRAM WITH PROVISIONS FOR ASSISTED LIVING AND NURSING CARE AS IS APPROPRIATE, CONSIDERING THE NEEDS OF THE INDIVIDUAL RESIDENT 2) OFFERING AN ENVIRONMENT WHERE RESIDENTS ARE RESPONSIBLE FOR ORGANIZING THEIR OWN LIVES, YET KNOW THAT SHOULD THEY NEED IT, SUPPORT IS AVAILABLE 3) PROMOTING INNOVATIVE PROGRAMS AND SERVICES, WELLNESS, HEALTHFUL LIVING AND THE OPPORTUNITY FOR RESIDENTS TO LIVE LONGER, HEALTHIER AND MORE FULFILLING LIVES. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $44,304,071 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | Yes (1) | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 85 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 528 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Form1098 C Filed | 0 | Form1098CFiledInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 8 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 8 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JEFFREY T DUNKLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2394890023 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10200 CYPRESS COVE DR | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33908 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| CHARLES EDWARDS SR | ||||||||
| CHAIRMAN | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAN ADAMS | ||||||||
| VICE CHAIR | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| DAWSON MCDANIEL | ||||||||
| SECRETARY | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JOE CATTI | ||||||||
| TREASURER | 2.00 | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| CLAUDIA COWART | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| RITA MCSHARRY | ||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| WILL PRATHER | ||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | ||
| E BRUCE STRAYHORN | ||||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |||
| MARY E FRANKLIN | ||||||||
| EXECUTIVE DIRECTOR | 40.00 | Yes (X) | $252,275 | $0 | $34,921 | |||
| JEFFREY T DUNKLE | ||||||||
| DIRECTOR OF FINANCIAL SERVICES | 29.00 | 11.00 | Yes (X) | $229,850 | $0 | $33,712 | ||
| KEVIN MANNIX | ||||||||
| DIRECTOR OF DINING SERVICES | 35.00 | $173,128 | $0 | $27,616 | Yes (X) | |||
| PETER S HAIGHT | ||||||||
| DIRECTOR OF FACILITIES | 46.00 | $166,929 | $0 | $22,988 | Yes (X) | |||
| GERALDINE G HARRIS | ||||||||
| DIRECTOR OF MARKETING | 34.00 | $164,002 | $0 | $10,959 | Yes (X) | |||
| MATTHEW B LESSIG | ||||||||
| ADMINISTRATOR - SNF | 41.00 | $136,515 | $0 | $12,634 | Yes (X) | |||
| ADRIANNE M GERARD | ||||||||
| BUSINESS DEVELOPMENT REPRESENTATIVE | 44.00 | $126,362 | $0 | $11,947 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,249,061 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $154,777 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 10 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AEGIS THERAPIES INC | |||||
| PO BOX 936653 | ATLANTA | GA | 31193 | MEDICAL /THERAPYS | $923,462 |
| MARTINO & PARTNERS LLC | |||||
| 337 OLD MOUNTAIN ROAD | FARMINGTON | CT | 06032 | MARKETING | $353,887 |
| ATER RENOVATIONS OF SOUTH FL LLC | |||||
| 4370 LAZIO WAY 805 | FORT MYERS | FL | 33901 | CONTRACTOR/BUILDER | $175,465 |
| SENIOROI LLC | |||||
| 4335 TAGGART CREEK RD STE A | CHARLOTTE | NC | 28208 | MARKETING | $157,491 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $6,000,000 | RelatedOrganizationsAmt |
| Government Grants | $317,577 | GovernmentGrantsAmt |
| All Other Contributions | $115,349 | AllOtherContributionsAmt |
| Total Contributions | $6,432,926 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INDEPENDENT LIVING | 623000 | $20,215,155 | $20,215,155 |
| ENTRANCE FEES | 623000 | $9,597,508 | $9,597,508 |
| SKILLED NURSING | 623000 | $6,844,057 | $6,844,057 |
| MEMORY CARE | 623000 | $3,242,833 | $3,242,833 |
| ASSISTED LIVING | 623000 | $2,502,816 | $2,502,816 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $42,402,369 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,016,768 | TotalRevenueColumnAmt |
| Exclusion | $1,016,768 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $43,581,732 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $43,851,091 | SecuritiesAmt |
| Other | $10,088,105 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$269,359 | SecuritiesAmt |
| Other | -$10,088,105 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$10,357,464 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$10,088,105 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | -$269,359 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INSURANCE REIMBURSEMENT | Desc |
| Business | 990099 | BusinessCd |
| Total Revenue Column | $1,100,000 | TotalRevenueColumnAmt |
| Exclusion | $1,100,000 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $1,100,000 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $40,594,599 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $32,314,264 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,847,409 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,123 | TotalAmt |
| Program Services | $90,123 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $508,427 | TotalAmt |
| Program Services | $472,767 | ProgramServicesAmt |
| Management And General | $29,743 | ManagementAndGeneralAmt |
| Fundraising | $5,917 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,274,982 | TotalAmt |
| Program Services | $13,253,267 | ProgramServicesAmt |
| Management And General | $857,613 | ManagementAndGeneralAmt |
| Fundraising | $164,102 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $381,809 | TotalAmt |
| Program Services | $357,863 | ProgramServicesAmt |
| Management And General | $19,225 | ManagementAndGeneralAmt |
| Fundraising | $4,721 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,368,250 | TotalAmt |
| Program Services | $1,282,282 | ProgramServicesAmt |
| Management And General | $69,063 | ManagementAndGeneralAmt |
| Fundraising | $16,905 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,072,625 | TotalAmt |
| Program Services | $1,005,080 | ProgramServicesAmt |
| Management And General | $54,307 | ManagementAndGeneralAmt |
| Fundraising | $13,238 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $197,769 | TotalAmt |
| Management And General | $197,769 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $217,353 | TotalAmt |
| Management And General | $217,353 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $87,957 | TotalAmt |
| Management And General | $87,957 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,382,383 | TotalAmt |
| Program Services | $1,877,879 | ProgramServicesAmt |
| Management And General | $504,504 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,125,581 | TotalAmt |
| Program Services | $695,941 | ProgramServicesAmt |
| Management And General | $429,640 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $289,015 | TotalAmt |
| Program Services | $142,168 | ProgramServicesAmt |
| Management And General | $143,514 | ManagementAndGeneralAmt |
| Fundraising | $3,333 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $424,761 | TotalAmt |
| Program Services | $331,269 | ProgramServicesAmt |
| Management And General | $89,764 | ManagementAndGeneralAmt |
| Fundraising | $3,728 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,765,209 | TotalAmt |
| Program Services | $7,739,635 | ProgramServicesAmt |
| Management And General | $25,574 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,662 | TotalAmt |
| Program Services | $22,942 | ProgramServicesAmt |
| Management And General | $30,720 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,663 | TotalAmt |
| Program Services | $19,317 | ProgramServicesAmt |
| Management And General | $96,762 | ManagementAndGeneralAmt |
| Fundraising | $1,584 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,916,137 | TotalAmt |
| Program Services | $2,886,976 | ProgramServicesAmt |
| Management And General | $29,161 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,587,655 | TotalAmt |
| Program Services | $7,511,778 | ProgramServicesAmt |
| Management And General | $75,877 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,903,762 | TotalAmt |
| Program Services | $1,883,555 | ProgramServicesAmt |
| Management And General | $17,636 | ManagementAndGeneralAmt |
| Fundraising | $2,571 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| FOOD AND BEVERAGE | $2,329,589 | $2,329,589 | ||
| ANCILLARY EXPENSE & SUP | $1,455,563 | $1,455,563 | ||
| DEPARTMENT SUPPLIES | $747,073 | $654,659 | $90,566 | $1,848 |
| RESIDENT ACTIVITIES | $127,010 | $127,010 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,080 | TotalAmt |
| Program Services | $164,408 | ProgramServicesAmt |
| Management And General | $21,768 | ManagementAndGeneralAmt |
| Fundraising | $904 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,611,438 | TotalAmt |
| Program Services | $44,304,071 | ProgramServicesAmt |
| Management And General | $3,088,516 | ManagementAndGeneralAmt |
| Fundraising | $218,851 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,906,478 | BOYAmt |
| EOY | $20,522,864 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,048,940 | BOYAmt |
| EOY | $1,945,160 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,086,200 | BOYAmt |
| EOY | $4,671,400 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,218 | BOYAmt |
| EOY | $177,554 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,317,044 | BOYAmt |
| EOY | $1,535,315 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $160,275,771 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $64,822,526 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $97,118,811 | BOYAmt |
| EOY | $95,453,245 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,138,512 | BOYAmt |
| EOY | $15,322,192 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,837,883 | BOYAmt |
| EOY | $81,036,827 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,131,702 | BOYAmt |
| EOY | $3,936,439 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,370,844 | BOYAmt |
| EOY | $14,171,910 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,133,632 | BOYAmt |
| EOY | $238,772,906 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,333,666 | BOYAmt |
| EOY | $8,078,651 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,197,953 | BOYAmt |
| EOY | $168,180,870 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,708,080 | BOYAmt |
| EOY | $2,530,000 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $791,143 | BOYAmt |
| EOY | $868,786 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,434,027 | BOYAmt |
| EOY | $99,576,857 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $206,464,869 | BOYAmt |
| EOY | $279,235,164 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$43,150,716 | BOYAmt |
| EOY | -$42,264,803 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,819,479 | BOYAmt |
| EOY | $1,802,545 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$41,331,237 | BOYAmt |
| EOY | -$40,462,258 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $165,133,632 | BOYAmt |
| EOY | $238,772,906 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$7,016,839 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$3,945,712 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $11,831,530 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,239,784 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,469,942 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,641,261 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,232,923 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,432,926 | CurrentTaxYearAmt |
| Total | $35,016,836 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $30,147,164 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,198,468 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $29,752,074 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $39,730,290 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,402,369 | CurrentTaxYearAmt |
| Total | $174,230,365 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $38,386,948 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,668,410 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $39,393,335 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $40,963,213 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $48,835,295 | CurrentTaxYearAmt |
| Total | $209,247,201 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $209,247,201 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $588,671 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $623,718 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $678,308 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $436,343 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,016,768 | CurrentTaxYearAmt |
| Total | $3,343,808 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $588,671 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $623,718 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $678,308 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $436,343 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,016,768 | CurrentTaxYearAmt |
| Total | $3,343,808 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $1,250 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year | $1,100,000 | CurrentTaxYearAmt |
| Total | $1,101,250 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $38,975,619 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $42,292,128 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $40,072,893 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $41,399,556 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,952,063 | CurrentTaxYearAmt |
| Total | $213,692,259 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.97920 | PublicSupportCY509Pct |
| Public Support PY509 | 0.98620 | PublicSupportPY509Pct |
| Investment Income CY | 0.01560 | InvestmentIncomeCYPct |
| Investment Income PY | 0.01440 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,819,479 | BeginningYearBalanceAmt |
| Contributions | $115,349 | ContributionsAmt |
| Other Expenditures | $132,283 | OtherExpendituresAmt |
| End Year Balance | $1,802,545 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,241,021 | BeginningYearBalanceAmt |
| Contributions | $739,666 | ContributionsAmt |
| Other Expenditures | $161,208 | OtherExpendituresAmt |
| End Year Balance | $1,819,479 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $932,204 | BeginningYearBalanceAmt |
| Contributions | $555,247 | ContributionsAmt |
| Other Expenditures | $246,430 | OtherExpendituresAmt |
| End Year Balance | $1,241,021 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $707,606 | BeginningYearBalanceAmt |
| Contributions | $452,071 | ContributionsAmt |
| Other Expenditures | $227,473 | OtherExpendituresAmt |
| End Year Balance | $932,204 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $427,632 | BeginningYearBalanceAmt |
| Contributions | $326,146 | ContributionsAmt |
| Other Expenditures | $46,172 | OtherExpendituresAmt |
| End Year Balance | $707,606 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Endowment Balance EOY | 1.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,059,905 | OtherCostOrOtherBasisAmt |
| Book Value | $1,059,905 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $145,990,441 | OtherCostOrOtherBasisAmt |
| Depreciation | $58,043,871 | DepreciationAmt |
| Book Value | $87,946,570 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,180,601 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,533,077 | DepreciationAmt |
| Book Value | $2,647,524 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $8,993,611 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,194,365 | DepreciationAmt |
| Book Value | $3,799,246 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $51,213 | OtherCostOrOtherBasisAmt |
| Depreciation | $51,213 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $95,453,245 | TotalBookValueLandBuildingsAmt |
Invst Program Related Org InvstProgramRelatedOrgGrp (5 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| DEPOSIT&INITIAL | $4,053,530 | C |
| STATUTORY DEBT | $1,060,584 | C |
| STATUTORY OPERATING RESERVE | $4,079,709 | C |
| STATUTORY RENEWAL | $4,092,807 | C |
| SERIES 2020 PRINCIPAL | $67,750,197 | C |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Program Rltd | $81,036,827 | TotalBookValueProgramRltdAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY AND UTILITY DEPOSITS | $18,044 |
| CHARITABLE GIFT ANNUITIES | $80,712 |
| INTEREST RATE SWAP | $14,073,154 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $14,171,910 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED REVENUE FROM ENTRANCE FEES | $63,703,531 |
| REFUNDABLE ENTRANCE FEES | $27,718,870 |
| DEFERRED REFUND | $571,584 |
| CHARITABLE GIFT ANNUITY OBLIGATION | $42,132 |
| GROUND LEASE | $1,968,664 |
| REFUNDABLE DEPOSITS | $3,579,480 |
| DEFERRED RENT LIABILITY | $1,992,596 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $99,576,857 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $48,392,460 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$3,945,712 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $11,831,530 | OtherRevenueAmt |
| Revenue Not Reported | $7,885,818 | RevenueNotReportedAmt |
| Revenue Subtotal | $40,506,642 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $87,957 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $87,957 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $40,594,599 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $47,523,481 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $47,523,481 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $87,957 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $87,957 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $47,611,438 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART V, LINE 4: | CYPRESS COVE MAINTAINS TEMPORARY RESTRICTED FUNDS THAT ARE TRACKED BY DONOR RESTRICTION. THE RESTRICTIONS ARE RELEASED AS THE DONOR RESTRICTION IS MET. THE CURRENT TEMPORARY RESTRICTED FUNDS ARE FOR RESIDENT BENEVOLENCE, STAFF SCHOLORSHIPS, MEMORY CARE OPERATIONS AND CAPITAL, AND VARIOUS RESIDENT ACTIVITIES FUNDS. |
| PART X, LINE 2: | MANAGEMENT HAS EVALUATED CYPRESS COVE'S TAX POSITIONS AND BELIEVES THAT ALL POSITIONS TAKEN ARE WELL DOCUMENTED AND SUPPORTED AND THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISIONS FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | GAIN ON INTEREST RATE SWAP |
| PART V LINE 4-INTENDED USES FOR ENDOWMENT | CYPRESS COVE MAINTAINS TEMPORARY RESTRICTED FUNDS THAT ARE TRACKED BY DONOR RESTRICTION. THE RESTRICTIONS ARE RELEASED AS THE DONOR RESTRICTION IS MET. THE CURRENT TEMPORARY RESTRICTED FUNDS ARE FOR RESIDENT BENEVOLENCE, STAFF SCHOLORSHIPS, MEMORY CARE OPERATIONS AND CAPITAL, AND VARIOUS RESIDENT ACTIVITIES FUNDS. PART X FIN 48 FOOTNOTE MANAGEMENT HAS EVALUATED CYPRESS COVE'S TAX POSITIONS AND BELIEVES THAT ALLPOSITIONS TAKEN ARE WELL DOCUMENTED AND SUPPORTED AND THERE ARE NOUNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISIONS FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIPS | GrantTypeTxt |
| Recipient | 40 | RecipientCnt |
| Cash Grant | $90,123 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Valuation Method Used | N/A | ValuationMethodUsedDesc |
| Non Cash Assistance | N/A | NonCashAssistanceDesc |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | Yes (1) | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MARY E FRANKLIN | ||||||||||||||
| EXECUTIVE DIRECTOR | $197,504 | $0 | $54,411 | $0 | $360 | $0 | $6,959 | $0 | $27,962 | $0 | $287,196 | $0 | $0 | $0 |
| JEFFREY T DUNKLE | ||||||||||||||
| DIRECTOR OF FINANCIAL SERVICES | $188,548 | $0 | $40,964 | $0 | $338 | $0 | $4,869 | $0 | $28,843 | $0 | $263,562 | $0 | $0 | $0 |
| KEVIN MANNIX | ||||||||||||||
| DIRECTOR OF DINING SERVICES | $139,334 | $0 | $30,410 | $0 | $3,384 | $0 | $5,873 | $0 | $21,743 | $0 | $200,744 | $0 | $0 | $0 |
| PETER S HAIGHT | ||||||||||||||
| DIRECTOR OF FACILITIES | $119,453 | $0 | $27,743 | $0 | $19,733 | $0 | $3,433 | $0 | $19,555 | $0 | $189,917 | $0 | $0 | $0 |
| GERALDINE G HARRIS | ||||||||||||||
| DIRECTOR OF MARKETING | $63,763 | $0 | $301 | $0 | $99,938 | $0 | $3,875 | $0 | $7,084 | $0 | $174,961 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 5 | FormAndLineReferenceDesc |
| Explanation | THE DIRECTOR OF MARKETING AND SALES, THE MARKETING EMPLOYEE FOR HEATHCARE, AND THE RETIREMENT COUNSELOR RECEIVES A BASE SALARY AND COMMISSIONS. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | PurposePurposeDesc |
|---|---|---|---|---|---|---|---|---|
| SERIES 2020 C TAX EXEMPT | ||||||||
| A | 2020-10-01 | $20,540,000 | 0 | 0 | 0 | |||
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | ||||||||
| B | 2022-04-27 | $68,663,555 | 0 | 0 | 0 | 591793462 | 52349EEL0 | CONSTRUCTION OF 48 UNITS |
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | ||||||||
| C | 2022-07-06 | $85,035,000 | 0 | 0 | 0 | 591793462 | TO REFUND PRIOR TAXABLE BONDS | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Refunding EscrowRefundingEscrowAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Capital ExpendituresCapitalExpendituresAmt | Substantial CompletionSubstantialCompletionYr | Other Spent ProceedsOtherSpentProceedsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $20,540,000 | $963,244 | $7,196,704 | $380,052 | $9,856,159 | $2,143,841 | 0 | Yes (1) | 0 | Yes (1) | |||
| B | $68,663,555 | $3,097,802 | $1,373,271 | 0 | 0 | 0 | Yes (1) | $64,192,482 | 2024 | ||||
| C | $85,035,000 | 0 | Yes (1) | 0 | Yes (1) | $85,035,000 | $85,035,000 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| B | 0 | 0 | 0 | 0 | Yes (1) | 0 | Yes (1) | 0.00000 | 0.00000 | 0.00000 |
| C | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | 0.00000 | 0.00000 | 0.00000 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Term Of HedgeTermOfHedgePct | Superintegrated HedgeSuperintegratedHedgeInd | Hedge TerminatedHedgeTerminatedInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HANCOCK WHITNEY | ||||||||||||
| A | 0 | 0 | 0 | 0 | 0 | Yes (1) | 10.000000000000 | 0 | 0 | 0 | 0 | Yes (1) |
| (no name) | ||||||||||||
| B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| (no name) | ||||||||||||
| C | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE SHALL BE A STANDING COMMITTEE OF THE CORPORATION AND SHALL CONSIST OF THE CHAIR/PRESIDENT/CEO, VICE CHAIR/VICE PRESIDENT, SECRETARY AND TREASURER OF THE CORPORATION. THE EXECUTIVE COMMITTEE SHALL STUDY, ADVISE, AND MAKE RECOMMENDATIONS TO THE BOARD ON MATTERS RELATED TO LEGAL AND EXECUTIVE MANAGEMENT AND PROVIDE THE EXECUTIVE STAFF WITH ADVICE, COUNSELING, AND THE OPPORTUNITY FOR CONFIDENTIAL COMMUNICATION. BETWEEN BOARD MEETINGS, THE EXECUTIVE COMMITTEE IS AUTHORIZED TO TAKE ANY REQUIRED ACTION OF THE CORPORATION WHEN CALLING A SPECIAL MEETING OF THE BOARD IS NOT REASONABLY PRACTICAL GIVEN THE CIRCUMSTANCES OF THE REQUIRED ACTION AND TO TAKE ANY ACTION SPECIFICALLY DELEGATED TO IT BY THE BOARD. THE EXECUTIVE COMMITTEE SHALL REPORT THOSE ACTIONS TAKEN PURSUANT TO THE PRECEDING SENTENCE TO THE BOARD AT THE NEXT BOARD MEETING. ADDITIONALLY, THE EXECUTIVE COMMITTEE SHALL RECOMMEND TO THE FULL BOARD, ANY ACTIONS OR CHANGES DEEMED BENEFICIAL TO THE CORPORATION REGARDING ITS OPERATIONAL, LEGAL, AND ADMINISTRATIVE STRUCTURE OR FUNCTIONS INCLUDING, BUT NOT LIMITED TO, CHANGES TO CORPORATE MANAGEMENT AGREEMENTS AND COMPENSATION. |
| FORM 990, PART VI, SECTION A, LINE 3 | MANAGEMENT DELEGATED LEE FP. INC. (DBA CYPRESS LIVING), A RELATED ORGANIZATION DELEGATED AS THE MANAGEMENT COMPANY OF CYPRESS COVE. THE BOARD MEMBERS OF CYPRESS COVE ARE APPOINTED BY THE BOARD OF LEE HEALTHCARE RESOURCES, THE PARENT ORGANIZATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD MEMBERS OF LEE MEMORIAL HOSPITAL, INC D/B/A LEE HEALTHCARE RESOURCES (A 501(C)(3) CORPORATION) SELECT THE MEMBERS OF THE BOARD OF DIRECTORS UNDER ALL CIRCUMSTANCES INCLUDING, BUT NOT LIMITED TO: (I) THE ANNUAL ELECTION, (II) IN THE EVENT THERE IS AN INCREASE IN THE SIZE OF THE BOARD, OR (III) IN THE EVENT THERE IS A VACANCY IN THE MEMBERSHIP OF THE BOARD. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE 990 IS PREPARED BY OUR OUTSIDE TAX ADVISOR/CPA FROM INFORMATION PROVIDED. THE 990 IS PRESENTED IN DRAFT FORM TO THE AUDIT COMMITTEE. UPON COMMITTEE APPROVAL THE 990 IS SENT TO ALL BOARD MEMBERS, DISCUSSED AND APPROVED AT A BOARD MEETING PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ENFORCEMENT OF CONFLICTS OF INTEREST POLICY ALL DIRECTORS, OFFICERS AND COMMITTEE MEMBERS WITH BOARD-DELEGATED POWERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST AT THE TIME THE BOARD MAY BE CONSIDERING A RELATED TRANSACTION OR ARRANGEMENT. THE INDIVIDUAL WITH THE CONFLICT IS PRECLUDED FROM VOTING ON MATTERS TO WHICH THE CONFLICT PERTAINS. IN ADDITION, ON AN ANNUAL BASIS, EACH DIRECTOR IS REQUIRED TO SIGN A STATEMENT AFFIRMING THEY HAVE READ AND UNDERSTAND THE POLICY AND HAVE NOT BEEN INVOLVED IN ANY CONFLICTS OF INTEREST. CYPRESS COVE ALSO PERFORMS PERIODIC REVIEWS TO ENSURE COMPLIANCE WITH THIS POLICY. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION PROCESS FOR TOP OFFICIAL AN INDEPENDENT COMPENSATION CONSULTANT IS ENGAGED BY THE BOARD'S HUMAN RESOURCES COMMITTEE AND MANAGEMENT COMPANY (LEE FP INC) TO REGULARLY CONDUCT A FORMAL EXECUTIVE COMPENSATION STUDY. NO MEMBER OF THE COMMITTEE HAS ANY CONFLICT OF INTEREST WITH RESPECT TO THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMMITTEE AND MANAGEMENT COMPANY UTILIZE THE STUDY'S RESULTS WITH OTHER RELATED INDUSTRY DATA (SUCH AS INFORMATION REPORTED ON FORMS 990 FILED BY COMPARABLE ORGANIZATIONS) AS A BASIS FOR COMPARISON PURPOSES OF OVERALL EXECUTIVE COMPENSATION. THE STUDY FINDINGS AND APPROVED RECOMMENDATIONS FROM THE COMMITTEE MEETINGS ARE DOCUMENTED IN THE MINUTES TO THE COMMITTEE MEETING AND DELEGATED TO THE MANAGEMENT COMPANY TO IMPLEMENT AND OVERSEE. COMPENSATION PROCESS FOR OFFICERS AN INDEPENDENT COMPENSATION CONSULTANT IS ENGAGED BY THE BOARD'S HUMAN RESOURCES COMMITTEE AND MANAGEMENT COMPANY (LEE FP INC) TO REGULARLY CONDUCT A FORMAL EXECUTIVE COMPENSATION STUDY. NO MEMBER OF THE COMMITTEE HAS ANY CONFLICT OF INTEREST WITH RESPECT TO THE EXECUTIVE DIRECTOR'S COMPENSATION. THE COMMITTEE AND MANAGEMENT COMPANY UTILIZE THE STUDY'S RESULTS WITH OTHER RELATED INDUSTRY DATA (SUCH AS INFORMATION REPORTED ON FORMS 990 FILED BY COMPARABLE ORGANIZATIONS) AS A BASIS FOR COMPARISON PURPOSES OF OVERALL EXECUTIVE COMPENSATION. THE STUDY FINDINGS AND APPROVED RECOMMENDATIONS FROM THE COMMITTEE MEETINGS ARE DOCUMENTED IN THE MINUTES TO THE COMMITTEE MEETING AND DELEGATED TO THE MANAGEMENT COMPANY TO IMPLEMENT AND OVERSEE. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE AT THE OFFICE OF THE EXECUTIVE DIRECTOR UPON REQUEST. IN ADDITION, THE AUDITED FINANCIAL STATEMENTS ARE REVIEWED ANNUALLY WITH THE CYPRESS COVE RESIDENT FINANCIAL COMMUNICATIONS COMMITTEE. QUARTERLY FINANCIAL UPDATES ARE ALSO PROVIDED IN PUBLIC FORUM FOR ALL RESIDENTS. |
| FORM 990, PART XI, LINE 9: | UNREALIZED GAIN ON INTEREST RATE SWAP 11,831,530. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEE MEMORIAL HOSPITAL INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9800 SOUTH HEALTHPARK DRIVE | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237160360 | EIN |
| Primary Activities | HOSPITAL | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | N/A | PublicCharityStatusTxt |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEE FP INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9800 S HEALTHPARK DRIVE STE 310 | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650184989 | EIN |
| Primary Activities | HOSPITAL | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEE MEMORIAL HOSPITAL INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | Yes (1) | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| LEE MEMORIAL HOSPITAL INC DBA LEE HEALTHCARE RESOURCES | ||
| R | $6,000,000 | ACTUAL AMOUNT |
| LEE MEMORIAL HOSPITAL INC DBA LEE HEALTHCARE RESOURCES | ||
| K | $3,353,480 | ACTUAL COST |
| LEE FP INC | ||
| M | $1,688,522 | ACTUAL COST |