2020-02-21T12:31:45-06:00 2019-09-30 592309183 HUGHES SNELL & CO PA 1470 ROYAL PALM SQUARE BLVD FORT MYERS FL 339191082 990 2018-10-01 650610085 CYPRESS COVE AT HEALTHPARK FLORIDA CYPR 2394890023 9800 S HEALTHPARK DR STE 310 FORT MYERS FL 33908 CHARLES B EDWARDS SR CHAIRMAN 2394890023 2020-02-15 true SHARON M THOMPSON P00244903 2399392233 2020-02-12 67.129.180.18 2020-02-21 12:31:45 CS P 4BD2CA4BF88A35E8B697A9F78FCA62334E615E4E 4BD2CA4BF88A35E8B697A9F78FCA62334E615E4E 2018 2020-09-23 17:36:50Z CHARLES B EDWARDS SR 9800 S HEALTHPARK DRIVE SUITE 310 FORT MYERS FL 33908 66550114 false X CYPRESSCOVELIVING.ORG X 1995 FL OUR MISSION IS TO CREATE AND SUSTAIN A CONTINUING CARE RETIREMENT COMMUNITY AT HEALTHPARK, FL AND PROVIDE AN ENVIRONMENT OF VITALITY. 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, MEMORY CARE ASSISTED LIVING AND SKILLED NURSING CARE FOR THE CONTRACTUAL MONTHLY FEE FOR THE DURATION OF THEIR LIVES. CYPRESS COVE WILL NOT DISMISS OR TERMINATE A RESIDENT SOLELY BECAUSE OF FINANCIAL INABILITY TO PAY ALL OR A PART OF THE CONTRACTED MONTHLY SERVICE FEE. RESIDENTS OF CYPRESS COVE CONTINUE THEIR ACTIVE AND INDEPENDENT LIFESTYLES, AGING WITH DIGNITY AND ADDED PEACE OF MIND. 7 7 577 200 0 326146 452071 38547752 41388683 1057753 551435 0 39931651 42392189 0 0 15662657 16363077 0 231213 24978397 26629857 40641054 42992934 -709403 -600745 147045694 148274766 177706913 179508713 -30661219 -31233947 X OUR MISSION IS TO CREATE AND SUSTAIN A CONTINUING CARE RETIREMENT COMMUNITY AT HEALTHPARK, FL AND PROVIDE AN ENVIRONMENT OF VITALITY. 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, MEMORY CARE ASSISTED LIVING AND SKILLED NURSING CARE FOR THE CONTRACTUAL MONTHLY FEE FOR THE DURATION OF THEIR LIVES. CYPRESS COVE WILL NOT DISMISS OR TERMINATE A RESIDENT SOLELY BECAUSE OF FINANCIAL INABILITY TO PAY ALL OR A PART OF THE CONTRACTED MONTHLY SERVICE FEE. RESIDENTS OF CYPRESS COVE CONTINUE THEIR ACTIVE AND INDEPENDENT LIFESTYLES, AGING WITH DIGNITY AND ADDED PEACE OF MIND. false false 23244691 23681744 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. 17380152 17706939 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. 40624843 true true false false false false false false false true true false true false true true true true false false false false false false false false false false false true true false false false false false false false false false true true false false false false true false false false true 91 0 true 577 true false false false false false false false false false false false false false false X 7 7 false true false false false true false true true false false true true true true true true true true false X X JEFFREY T DUNKLE 2394499918 10200 CYPRESS COVE DRIVE FORT MYERS FL 33908 X CHARLES B EDWARDS SR CHAIRMAN 4.00 0.50 X X 0 0 0 DAWSON MCDANIEL SECRETARY 4.00 2.00 X X 0 0 0 CARL A BARRACO TREASURER 4.00 0.50 X X 0 0 0 DANIEL F ADAMS VICE CHAIRMA 4.00 X X 0 0 0 RICHARD AKIN DIRECTOR 4.00 1.00 X 0 0 0 DONNA MICELI DIRECTOR 4.00 X 0 0 0 E BRUCE STRAYHORN DIRECTOR 4.00 0.50 X 0 0 0 MICHELE S WASSERLAUF EXECUTIVE DI 40.00 X 287408 0 22011 DAVID GRAY DIR OF HEALT 40.00 X 224688 0 14671 JEFFREY T DUNKLE DIR OF FINAN 40.00 X 221729 0 19002 GERALDINE G HARRIS DIR OF MKTG 40.00 X 181634 0 12200 LISA COX DIRECTOR OF 40.00 X 174479 0 14721 DRUMMOND CAMEL DIR OF HUMAN 40.00 X 169766 0 19709 KEVIN MANNIX DIR OF DININ 40.00 X 157557 0 17550 MARY E FRANKLIN DIR OF RESID 40.00 X 147043 0 17595 PETER S HAIGHT DIRECTOR OF 40.00 X 143163 0 17963 ADRIANNE M GERARD MARKETING CO 40.00 X 131420 0 10837 LAUREN BRAHM RETIREMENT C 40.00 X 109375 0 3841 MARY LEWIS RN NURSE PRA 40.00 X 108304 0 2187 2056566 172287 12 false true false LEE MEMORIAL HOSPITAL 9800 S HEALTHPARK DRIVE 310 FORT MYERS FL 33908 GD LS/INT/OTHER 2234898 MODERN BUILDING CONCEPTS INC 18351 RICCARDO RD FORT MYERS FL 33967 BLDG CONTRACTOR 1723451 AEGIS THERAPIES INC 3250 WINKLER AVE FORT MYERS FL 33916 HEALTH/FITNESS 1162176 LEE FP INC 9800 S HEALTHPARK DRIVE 310 FORT MYERS FL 33908 PSVC/REIM/OTHER 1118220 RLPS ARCHITECTS 250 VALLEYBROOK DR LANCASTER PA 17601 PROF SVCS 680818 17 X 452071 57622 452071 INDEPENDENT LIVING (MO SVC) 18521906 18521906 MEMBERSHIP 9017871 9017871 SKILLED NURSING 7237938 7237938 MEMORY CARE 2991782 2991782 ASSISTED LIVING 2461257 2461257 1157929 1157929 41388683 623718 623718 23947791 137851 23847730 310195 100061 -172344 -72283 -172344 100061 42392189 41216339 723779 13654873 12857378 620542 176953 463123 428022 29189 5912 1271110 1174771 80114 16225 973971 900153 61386 12432 61767 61767 68212 68212 80419 80419 987572 693856 293716 1009842 670466 339376 169189 106470 59320 3399 594059 424093 169966 5344735 5329377 15358 57192 22778 32151 2263 68113 46270 20462 1381 5353000 5325700 27300 6590749 6557136 33613 1439371 1430330 6580 2461 FOOD AND BEVERAGE 2085738 2085738 ANCILLARY EXP AND SUPPLIE 1521678 1521678 DEPARTMENT SUPPLIES 453755 448870 4885 MEDICAL SUPPLIES 205273 205273 539193 396484 137407 5302 42992934 40624843 2136878 231213 X 5890238 11451310 1001769 1461104 4654600 2239890 149010 136119 1041236 1119887 153608401 56259484 99831912 97348917 10989721 11019511 18470559 18956126 4835948 4521954 180701 19948 147045694 148274766 5772276 6041202 80722914 79651835 7400149 7407500 522953 525992 83288621 85882184 177706913 179508713 X -31368825 -32166151 707606 932204 -30661219 -31233947 147045694 148274766 -600745 28017 X false true X true false X 6772417 5964625 7631850 8239784 9469942 38078618 25886006 26786408 29076417 30147164 32198468 144094463 32658423 32751033 36708267 38386948 41668410 182173081 182173081 512164 545840 561023 588671 623718 2831416 512164 545840 561023 588671 623718 2831416 33170587 33296873 37269290 38975619 42292128 185004497 0.98470 0.98540 0.02000 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 707606 452071 227473 932204 427632 326146 46172 707606 1005972 183708 762048 427632 3381024 150828 2525880 1005972 3046401 447180 40603 153160 3381024 1.00000 false false 5218592 5218592 134557032 49772329 84784703 13832777 6487155 7345622 97348917 PROGRAM RELATED INVESTMENTS 18956126 C 18956126 DEFERRED REVENUE FROM ENTR FEES 50358869 REFUNDABLE ENTRANCE FEES 28428961 GROUND LEASE PAYABLE 4299531 DEFERRED REFUNDS 1434212 NOTE PAYABLE TO RELATED PARTY 733772 REFUNDABLE DEPOSITS 626839 85882184 X 42339787 28017 28017 42311770 80419 80419 42392189 42912515 42912515 80419 80419 42992934 SCHEDULE D, PAGE 2, 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. SCHEDULE D, PAGE 3, PART X 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 PROVISION FOR UNCERTAIN TAX POSITIONS HAS BEEN RECORDED. X X X X X false false false true false false false false false MICHELE S WASSERLAUF EXECUTIVE DIRECTOR 233358 54050 9721 12290 309419 DAVID GRAY DIR OF HEALTH SVCS 180912 43776 14671 239359 JEFFREY T DUNKLE DIR OF FINANCIAL SVC 186279 35450 4421 14581 240731 GERALDINE G HARRIS DIR OF MKTG & SALES 104539 77095 4450 7750 193834 LISA COX DIRECTOR OF NURSING 137794 36685 5096 9625 189200 DRUMMOND CAMEL DIR OF HUMAN RESOURC 142386 27380 5037 14672 189475 KEVIN MANNIX DIR OF DINING SVCS 136487 21070 5488 12062 175107 MARY E FRANKLIN DIR OF RESIDENT SVC 123813 23230 2939 14656 164638 PETER S HAIGHT DIRECTOR OF FACILITY 120483 22680 3559 14404 161126 SCHEDULE J, PAGE 1, PART I, LINE 5A THE DIRECTOR OF MARKETING AND SALES RECEIVES A BASE SALARY AND COMMISSIONS. THE MARKETING EMPLOYEE FOR HEALTHCARE RECEIVES A BASE SALARY AND COMMISSIONS. THE RETIREMENT COUNSELOR RECEIVES A BASE SALARY AND COMMISSIONS. A LEE CNTY INDL DEV AUTH - 2012 2012-09-01 66650857 CAP. EXPEND./BD. RET false false false B LEE COUNTY INDL DEV AUTH - 2014 2014-10-01 20002303 CAP. EXPEND./BD. RET false false false A 66650857 4489013 54627394 1333017 6201433 2014 true true false true B 20002303 1274313 1150173 670818 15877710 1029289 2017 false false false true A false false false false false false true B false false false false false false true A false true true false false false false false true B false true true false false false false false true A true B true JOSEPH CATTI FORMER OFFICER 7500000 PROMISSORY NOTE false SCHEDULE L, PART V JOSEPH CATTI: DURING THE 2017 FISCAL YEAR, CYPRESS COVE ENTERED INTO TWO NEW FINANCING AGREEMENTS WITH FINEMARK BANK TO FUND RENOVATIONS AND CONSTRUCTION OF NEW VILLAS. DURING THE 2018 FISCAL YEAR, ONE OF THE PROMISSORY NOTES WAS PAID IN FULL. THE REMAINING NOTE HAS A MATURITY DATE OF MAY 1, 2027. CYPRESS COVE ALSO HAS AN UNUSED LINE OF CREDIT WITH FINEMARK BANK. JOSEPH CATTI NOT ONLY SERVED AS A TREASURER AND DIRECTOR OF CYPRESS COVE, BUT IS ALSO THE PRESIDENT/CEO AS WELL AS A BOARD MEMBER OF FINEMARK BANK. HE ABSTAINED FROM VOTING ON ALL RELATED MATTERS. X 2 57622 FMV ON DATE OF TRANSFER false true false FORM 990 - ORGANIZATION'S MISSION OUR MISSION IS TO CREATE AND SUSTAIN A CONTINUING CARE RETIREMENT COMMUNITY AT HEALTHPARK, FL AND PROVIDE AN ENVIRONMENT OF VITALITY. 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, MEMORY CARE ASSISTED LIVING AND SKILLED NURSING CARE FOR THE CONTRACTUAL MONTHLY FEE FOR THE DURATION OF THEIR LIVES. CYPRESS COVE WILL NOT DISMISS OR TERMINATE A RESIDENT SOLELY BECAUSE OF FINANCIAL INABILITY TO PAY ALL OR A PART OF THE CONTRACTED MONTHLY SERVICE FEE. RESIDENTS OF CYPRESS COVE CONTINUE THEIR ACTIVE AND INDEPENDENT LIFESTYLES, AGING WITH DIGNITY AND ADDED PEACE OF MIND. FORM 990, PAGE 2, PART III, LINE 4A 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. FORM 990, PAGE 6, PART VI, LINE 3 MEMBERS OF THE MANAGEMENT TEAM ARE EMPLOYEES OF LEE FP, INC. - A RELATED FOR-PROFIT CORPORATION. FORM 990, PAGE 6, PART VI, 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, PAGE 6, PART VI, LINE 11B THE 990 IS PREPARED BY OUR OUTSIDE TAX ADVISOR/CPA FROM INFORMATION PROVIDED. THE 990 IS PRESENTED IN DRAFT FORM TO THE FINANCE COMMITTEE. UPON COMMITTEE APPROVAL THE 990 IS SENT TO ALL BOARD MEMBERS, DISCUSSED AND APPROVED AT A BOARD MEETING PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C 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, PAGE 6, PART VI, LINE 15A 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, PAGE 6, PART VI, LINE 15B 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, PAGE 6, PART VI, 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. LEE MEMORIAL HOSPITAL INC 9800 S HEALTH PARK DR STE 310 FORT MYERS FL 33908 237160360 SEE SUPLMT FL 501C3 12C NA false LEE FP INC & SUBSIDIARIES 9800 S HEALTHPARK DR STE 310 FORT MYERS FL 33908 650184989 MANAGEMENT FL N/A C CORP false false false true false true false false false false false true false true false false true true false false LEE MEM HOSP INC (LHR) - GRANT C 118393 COST LEE MEM HOSP INC (LHR) - GRND LS E 4299531 COST LHR - ACCRUED INTEREST E 331507 COST LHR - RENT (GROUND LEASE) K 1360884 COST LEE FP INC - MANAGEMENT FEES M 752250 COST LHR - PLEDGE FEE M 30000 COST LEE FP INC - EMPLE COSTS REIMB P 123946 COST LHR - FOOD SVC REIMB Q 522 COST LHR - PROMISSORY NOTE NET E 376025 COST SCHEDULE R SCHEDULE R, PART II, LINE I, COLUMN (B): SUPPORT: 1) LMHS-PUBLIC HOSPITAL FUNCTIONS 2) CYPRESS COVE - CHARITABLE