2015-05-20T08:44:45-05:00 2014-09-30 592801100 GENE R SOLOMON CPA 1342 COLONIAL BLVD STE B11 FORT MYERS FL 33907 990 2013-10-01 650610085 CYPRESS COVE AT HEALTHPARK FLORIDA CYPR 2394890023 9800 S HEALTHPARK DRIVE STE 350 FORT MYERS FL 33908 CARL BARRACO CHAIRMAN 2394890023 2015-05-20 true GENE R SOLOMON P00737682 2399395303 2015-05-20 X 2013 2016-02-25 16:41:14Z CARL BARRACO 9800 S HEALTHPARK DRIVE STE 350 FORT MYERS FL 33908 32068808 false X CYPRESSCOVELIVING.ORG X 1995 FL 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. 11 11 440 103 0 301664 3786492 25005991 27427732 102913 425959 6487 386891 25417055 32027074 0 0 11097881 12678883 0 347058 18879255 19814741 29977136 32493624 -4560081 -466550 100459685 109034903 128451571 137283677 -27991886 -28248774 X 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. false false 19029327 18305517 PROVIDING A CONTINUING CARE COMMUNITY INCLUDING 333 INDEPENDENT LIVING APARTMENTS AND 30 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 AN ACTIVITIES DEPARTMENT AND WELLNESS CENTER PLACING STRONG EMPHASIS ON PREVENTIVE CARE AND MAINTAINING GOOD HEALTH. A PERSONAL TRAINER AND ACTIVITIES COORDINATOR ARE ALL INCLUDED. 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 TRANSPORTION, 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. 9952114 9573570 PRESENTING 44 ASSISTED LIVING UNITS AND A FACILITY OFFERING 64 BED NURSING. PROVIDING ON CAMPUS AND ON STAFF A MEDICAL DIRECTOR AND NURSING SERVICES INCLUDING REHABILITATIVE AND SKILLED NURSING TO CONTINUING CARE RESIDENTS FOR AS LONG AS REQUIRED. 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. 28981441 true true false false false false false false false true true false true false true true true true false false false false false false true false false false false true true false false false false false false false false false true false false false false false true false false false true 62 0 true 440 true false false false false false true true false false false true false X 11 11 false true false false false true false true true false false true true true true true true true false false X JACK EISENGA 2394890023 9800 S HEALTHPARK DR STE 350 FORT MYERS FL 33908 X JOHN A NOLAND CHAIRMAN/PRE 3.00 X X 0 0 0 CARL A BARRACO VICE CHAIR 2.00 X X 0 0 0 E BRUCE STRAYHORN SECRETARY 2.00 X X 0 0 0 GARRETT H REASONER TREASURER 2.00 X X 0 0 0 DANIEL F ADAMS DIRECTOR 1.00 X 0 0 0 JO ELLEN BEAUVOIS DIRECTOR 1.00 X 0 0 0 CHARLES B EDWARDS SR DIRECTOR 1.00 X 0 0 0 JOSEPH CATTI DIRECTOR 1.00 X 0 0 0 CHRIS GAIR DIRECTOR 1.00 X 0 0 0 DAWSON MCDANIEL DIRECTOR 1.00 X 0 0 0 ROBBIE BRIGGS ROEPSTORFF DIRECTOR 1.00 X 0 0 0 GERALDINE G HARRIS DIR OF MKTG 40.00 X 171331 0 10657 LAUREN ERICA BRAHM RETIREMENT C 40.00 X 140934 0 9247 JEAN CHRISTENSEN DIR OF PHILA 40.00 X 126455 0 240 KEVIN MANNIX DIR OF DININ 40.00 X 123625 0 15703 DRUMMOND CAMEL DIR OF HUMAN 40.00 X 107677 0 19732 KARLA LAFRANIER OLIVER DIR ASSISTED 40.00 X 100649 0 13748 JOEL ANDERSON ASSC EXEC DI 40.00 8.00 X 199999 66129 23635 NICOLE D MULLER DIR OF MKTG 40.00 X 172379 0 21734 TIMOTHY D FICKER EXEC DIR 40.00 6.00 X 150260 20000 7152 JAY A GROESSER DIR OF HEALT 40.00 X 105802 0 6256 SHARON J GIEBELS DIR OF RESID 40.00 X 103377 0 16371 1502488 86129 144475 11 true true false LEE MEMORIAL HOSPITAL D/B/A LEE HEALTHCARE RESOURCES 9800 S HEALTHPARK DRIVE 350 FORT MYERS FL 33908 GROUND LS + INT 1316805 AEGIS THERAPIES INC 3250 WINKLER AVE FORT MYERS FL 33916 THERAPY: PHYSI 915032 MODERN BUILLDING CONCEPTS 18351 RICCARDO RD FORT MYERS FL 33967 BLDG CONTRACTOR 825056 WEGMAN DESIGN GROUP 2385 TRADE CENTER WAY 101 NAPLES FL 34109 INTERIOR DESIGN 810284 LEE FP INC 9800 S HEALTHPARK DRIVE STE 350 FORT MYERS FL 33908 MANAGEMENT FEE 798900 5 3786492 3786492 INDEPENDENT LIVING (MO SVC) 13973955 13973955 ASSIST. LVG & NURSING 8117142 8117142 MEMBERSHIP 4487129 4487129 HOME HEALTH SERVICES 849506 849506 27427732 335137 335137 90822 90822 90822 90822 68092 41734 26358 MISCELLANEOUS 670879 670879 LOSS ON DISP OF FIXED ASSETS -310346 -310346 360533 32027074 27879087 335137 273088 273088 10345286 9023514 1044901 276871 223534 111767 111767 1032653 904109 101618 26926 804322 678202 106243 19877 38806 38806 52600 52600 1253272 1132675 120597 440768 440768 106696 47888 49012 9796 294045 115587 178458 3799078 3728452 70626 35132 35132 76362 48156 25505 2701 3786686 3786686 2135705 1403805 731900 3451526 3451526 1348222 1346307 1396 519 DINING SERVICES 1800407 1800407 NURSING SERVICES 593657 593657 ADMINISTRATION 542064 531696 10368 RESIDENT SERVICES 53977 53977 5738 5738 32493624 28981441 3165125 347058 5922824 15834040 632140 682448 2919400 2252340 133036 129528 927402 859976 107557862 39155921 64537486 68401941 19775190 15812881 5397784 4869651 214423 192098 100459685 109034903 3629869 4272238 66675085 66523190 462355 504722 57684262 65983527 128451571 137283677 X -27991886 -28248774 -27991886 -28248774 100459685 109034903 -466550 209662 X false true X true X 6498860 11607818 5641656 4499234 8273621 36521189 19371700 19148113 19488310 20814908 22966961 101789992 25870560 30755931 25129966 25314142 31240582 138311181 138311181 673508 413401 430875 336397 335137 2189318 673508 413401 430875 336397 335137 2189318 26544068 31169332 25560841 25650539 31575719 140500499 0.98440 0.98090 0.02000 0.02000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 285104 3750390 989093 3046401 75696 297151 87743 285104 32167 94496 50967 75696 32167 32167 1.00000 false false 1645315 1645315 96742917 39155921 57586996 9169630 9169630 68401941 PROGRAM RELATED INVESTMENTS 15812881 C BOARD DESIGNATED ASSETS C 15812881 UNEARNED ENTRANCE FEES 60266181 GROUND LEASE PAYABLE 5717346 PHILANTHROPY NOTE FROM LHR 65983527 X 32027074 32027074 32027074 32493624 32493624 32493624 SCHEDULE D, PAGE 2, PART V, LINE 4 THE RESIDENT BENEVOLENCE ACCOUNT IS RESTRICTED FOR USE OF RESIDENTS WHO'S NEEDS HAVE OUTIVED THEIR ABILITY TO PAY. THE COMMUNITY ENHANCEMENT ACCOUNT IS RESTRICTED TO MEET THE CYPRESS COVE COMMUNITY NEEDS BY FUNDING SERVICES NOT MET BY CYPRESS COVE AND SERVICES THAT ENHANCE THOSE ALREADY PROVIDED BY CYPRESS COVE. THE OTHER DESIGNATED ACCOUNT IS RESTRICTED FOR STAFF SCHOLARSHIPS. SCHEDULE D, PAGE 3, PART X BASED ON AN EVALUATION OF CYPRESS COVES TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED SEPTEMBER 30, 2014. GALA 68092 68092 16681 4712 20341 68092 68092 16681 4712 20341 41734 26358 X X X X X true false false true false false false false false GERALDINE G HARRIS DIR OF MKTG & SALES 74396 96935 4693 5964 181988 LAUREN ERICA BRAHM RETIREMENT COUNSELOR 66459 74475 4473 4774 150181 JOEL ANDERSON ASSC EXEC DIR 175590 66129 24409 7000 16635 223634 66129 NICOLE D MULLER DIR OF MKTG & SALES 96454 75925 6075 15659 194113 TIMOTHY D FICKER EXEC DIR 149950 20000 310 2314 4838 157412 20000 JAY A GROESSER DIR OF HEALTH ADMIN 105552 250 1542 4714 112058 SHARON J GIEBELS DIR OF RESIDENT LIFE 91817 11560 3618 12753 119748 SCHEDULE J, PAGE 1, PART I, LINE 4 SHARON J GIEBELS 35,424 0 0 SCHEDULE J, PAGE 1, PART I, LINE 5A THE RETIREMENT COUNSELOR AND THE DIRECTOR OF MARKETING & SALES RECEIVE BASE SALARIES PLUS COMMISSIONS. A LEE CNTY INDL DEV AUTH 2012-09-01 66650857 CAP. EXPEND./BD. RETIRE. false false false A 66650857 4489013 54627394 1333017 6201433 2014 true true false true A false false false false false false true A false true true false false false false false true JOHN A NOLAND OFCR & DIRECTOR SEE BELOW false JOSEPH CATTI DIRECTOR SEE BELOW false DANIEL F ADAMS DIRECTOR SEE BELOW false ROBBIE BRIGGS ROEPSTORFF DIRECTOR SEE BELOW false SCHEDULE L, PART V JOHN A NOLAND: NOT ONLY SERVES AS CHAIRMAN AND DIRECTOR OF CYPRESS COVE BUT ALSO SERVES AS CHAIRMAN AND DIRECTOR OF LEE FP, INC (LFP), A RELATED TAXABLE CORPORATION. JOSEPH CATTI: NOT ONLY SERVES AS DIRECTOR OF CYPRESS COVE BUT ALSO SERVES AS VICE CHAIR, TREASURER, AND DIRECTOR OF LFP. DANIEL F ADAMS: NOT ONLY SERVES AS DIRECTOR OF CYPRESS COVE BUT ALSO SERVES AS SECRETARY AND DIRECTOR OF LFP. ROBBIE BRIGGS ROEPSTORFF: NOT ONLY SERVES AS DIRECTOR OF CYPRESS COVE BUT ALSO SERVES AS DIRECTOR OF LFP. FORM 990 - ORGANIZATION'S 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. FORM 990, PAGE 2, PART III, LINE 4A 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 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 D/B/A LEE HEALTHCARE RESOURCES 9800 S HEALTH PARK DR FORT MYERS FL 33908 237160360 SEE SUPLMT FL 501C3 11C NA false LEE FP INC & SUBSIDIARIES 9800 S HEALTHPARK DR STE 350 FORT MYERS FL 33908 650184989 MANAGEMENT FL N/A false false false false false true false false false false false true false true false false false false false false LEE MEM HOSP INC (LHR) - GRND LS E 5717346 COST LHR - ACCRUED INTEREST E 264854 COST LHR - RENT (GROUND LEASE) K 1051951 COST LEE FP INC - MANAGEMENT FEES M 798900 COST LHR - PLEDGE FEE M 20000 COST SCHEDULE R SCHEDULE R, PART II, LINE 1, COLUMN(B): SUPPORT: 1) LMHS-PUBLIC HOSPITAL FUNCTIONS 2) CYPRESS COVE-CHARITABLE