CYPRESS COVE AT HEALTHPARK FLORIDA INC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CYPRESS COVE AT HEALTHPARK FLORIDA INC (EIN 65-0610085)
- Tax period
- 2023-10-01 to 2024-09-30
- Filed
- 2025-03-13
- IRS object ID
- 202540729349300049
- Schema version
- 2023v6.0
- 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 | 2025-03-13T13:36:52-05:00 | ReturnTs |
| Tax Period End | 2024-09-30 | 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 | 2023-10-01 | 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 | 16451 HEALTHPARK COMMONS DRIVE | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33908 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DAWSON MCDANIEL | PersonNm |
| Person Title | VICE CHAIRMAN | PersonTitleTxt |
| Phone | 2394890023 | PhoneNum |
| Signature | 2025-03-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LACEY M QUATSOE | PreparerPersonNm |
| PTIN | P01300865 | PTIN |
| Phone | 4078021200 | PhoneNum |
| Preparation | 2025-03-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DAWSON MCDANIEL | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16451 HEALTHPARK COMMONS DRIVE | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $62,442,723 | 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 | CREATE & SUSTAIN A CONTINUING CARE RETIREMENT COMMUNITY AT HEALTHPARK, FL AT A REASONABLE COST. | ActivityOrMissionDesc |
| Voting Members Governing Body | 8 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 8 | VotingMembersIndependentCnt |
| Total Employee | 533 | TotalEmployeeCnt |
| Total Volunteers | 238 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,475,455 | PYContributionsGrantsAmt |
| CY Contributions Grants | $9,635,358 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $42,614,349 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $50,302,207 | CYProgramServiceRevenueAmt |
| PY Investment Income | $859,916 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,999,405 | CYInvestmentIncomeAmt |
| PY Other Revenue | $4,660,849 | PYOtherRevenueAmt |
| CY Other Revenue | $145,383 | CYOtherRevenueAmt |
| PY Total Revenue | $51,610,569 | PYTotalRevenueAmt |
| CY Total Revenue | $62,082,353 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $563,278 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $126,952 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $18,153,015 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $22,243,090 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $257,272 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $33,850,381 | PYOtherExpensesAmt |
| CY Other Expenses | $38,092,935 | CYOtherExpensesAmt |
| PY Total Expenses | $52,566,674 | PYTotalExpensesAmt |
| CY Total Expenses | $60,462,977 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$956,105 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,619,376 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $312,147,126 | TotalAssetsBOYAmt |
| Total Assets EOY | $298,109,997 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $349,192,357 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $335,583,906 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$37,045,231 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$37,473,909 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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 (CONTINUED ON SCHEDULE O)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 | $39,790,405 | ExpenseAmt |
| Grant | $126,952 | GrantAmt |
| Revenue | $35,669,670 | RevenueAmt |
| Desc | PROVIDING A CONTINUING CARE COMMUNITY INCLUDING 357 INDEPENDENT LIVING APARTMENTS AND 68 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 (CONTINUED ON SCHEDULE O) 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 | $16,270,880 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $14,632,537 | RevenueAmt |
| Desc | OUR HEALTH CENTER PROVIDES 88 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 | $56,061,285 | 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 | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | 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 | 94 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 533 | 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 |
| 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 | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | 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 |
| 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 | 16451 HEALTHPARK COMMONS DRIVE | 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 | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|---|---|
| MARY E FRANKLIN | |||||||||
| EXECUTIVE DIRECTOR | 40.00 | 0.00 | Yes (X) | $276,935 | $0 | $26,250 | |||
| MATTHEW B LESSIG | |||||||||
| ASSOC. EXEC. DIRECTOR (THRU 05/24) | 27.00 | 0.00 | $199,054 | $0 | $23,528 | Yes (X) | |||
| RAYMOND S BERRY | |||||||||
| DIRECTOR OF FACILITIES | 40.00 | 0.00 | $157,054 | $0 | $18,767 | Yes (X) | |||
| MAUREEN V ORAVEC | |||||||||
| SALES MANAGER | 40.00 | 0.00 | $154,728 | $0 | $12,898 | Yes (X) | |||
| AMY DREW | |||||||||
| RETIREMENT COUNSELOR | 40.00 | 0.00 | $126,186 | $0 | $15,301 | Yes (X) | |||
| MELODY J DESILETS | |||||||||
| COMMUNITY ADVANCEMENT OFFICER | 40.00 | 0.00 | $129,176 | $0 | $11,324 | Yes (X) | |||
| KIMBERLY A SCOTT | |||||||||
| SKILLED NURSING DIRECTOR | 40.00 | 0.00 | $112,094 | $0 | $18,847 | Yes (X) | |||
| CHARLES EDWARDS SR | |||||||||
| CHAIRMAN | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DAN ADAMS | |||||||||
| VICE CHAIR | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| JOE CATTI | |||||||||
| TREASURER | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| DAWSON MCDANIEL | |||||||||
| SECRETARY | 2.00 | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CLAUDIA COWART | |||||||||
| DIRECTOR | 2.00 | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| DOROTHY FITZGERALD | |||||||||
| DIRECTOR | 2.00 | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| RITA MCSHARRY | |||||||||
| DIRECTOR | 2.00 | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| BRUCE STRAYHORN | |||||||||
| DIRECTOR | 2.00 | 2.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,155,227 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $126,915 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| KEY BENEFIT ADMINISTRATORS INC | |||||
| 8330 ALLISON POINT TRAIL | INDIANAPOLIS | IN | 46250 | HEALTHCARE | $1,760,765 |
| LEE FP INC | |||||
| 16451 HEALTHPARK COMMONS DRIVE | FORT MYERS | FL | 33908 | MANAGEMENT FEES | $1,741,235 |
| SPX COOLING TECHNOLOGIES LLC | |||||
| 7401 W 129 ST | OVERLAND PARK | KS | 66213 | AIR HANDLING | $530,244 |
| AEGIS THERAPIES INC | |||||
| PO BOX 936653 | ATLANTA | GA | 31193 | THERAPY SERVICES | $416,483 |
| SHORELINE PROPERTY COMPANY LLC | |||||
| 2514 SE 24 AVE | CAPE CORAL | FL | 33904 | BUILDING | $304,095 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 11 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $5,800 | RelatedOrganizationsAmt |
| Government Grants | $9,326,341 | GovernmentGrantsAmt |
| All Other Contributions | $303,217 | AllOtherContributionsAmt |
| Noncash Contributions | $10,749 | NoncashContributionsAmt |
| Total Contributions | $9,635,358 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INDEPENDENT LIVING | 623000 | $23,579,593 | $23,579,593 |
| ENTRANCE FEES | 623000 | $12,090,077 | $12,090,077 |
| SKILLED NURSING | 623000 | $8,542,724 | $8,542,724 |
| MEMORY CARE | 623000 | $3,115,763 | $3,115,763 |
| ASSISTED LIVING | 623000 | $2,974,050 | $2,974,050 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $50,302,207 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,356,005 | TotalRevenueColumnAmt |
| Exclusion | $1,356,005 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,003,770 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $360,370 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,003,770 | SecuritiesAmt |
| Other | -$360,370 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $643,400 | TotalRevenueColumnAmt |
| Exclusion | $643,400 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INSURANCE REIMBURSMENT | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $145,383 | TotalRevenueColumnAmt |
| Exclusion | $145,383 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $145,383 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $62,082,353 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $50,302,207 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,144,788 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $126,952 | TotalAmt |
| Program Services | $126,952 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $562,000 | TotalAmt |
| Program Services | $526,445 | ProgramServicesAmt |
| Management And General | $29,549 | ManagementAndGeneralAmt |
| Fundraising | $6,006 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,852,851 | TotalAmt |
| Program Services | $16,928,274 | ProgramServicesAmt |
| Management And General | $734,021 | ManagementAndGeneralAmt |
| Fundraising | $190,556 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $457,914 | TotalAmt |
| Program Services | $403,898 | ProgramServicesAmt |
| Management And General | $49,096 | ManagementAndGeneralAmt |
| Fundraising | $4,920 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,998,924 | TotalAmt |
| Program Services | $1,765,162 | ProgramServicesAmt |
| Management And General | $212,287 | ManagementAndGeneralAmt |
| Fundraising | $21,475 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,371,401 | TotalAmt |
| Program Services | $1,212,128 | ProgramServicesAmt |
| Management And General | $144,541 | ManagementAndGeneralAmt |
| Fundraising | $14,732 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,907,848 | TotalAmt |
| Program Services | $120,699 | ProgramServicesAmt |
| Management And General | $1,787,149 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,880 | TotalAmt |
| Management And General | $8,880 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $263,237 | TotalAmt |
| Management And General | $263,237 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,553 | TotalAmt |
| Management And General | $131,553 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $434,351 | TotalAmt |
| Program Services | $434,351 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $631,495 | TotalAmt |
| Program Services | $417,032 | ProgramServicesAmt |
| Management And General | $214,463 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,998 | TotalAmt |
| Program Services | $160,406 | ProgramServicesAmt |
| Management And General | $131,114 | ManagementAndGeneralAmt |
| Fundraising | $2,478 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $575,199 | TotalAmt |
| Program Services | $468,889 | ProgramServicesAmt |
| Management And General | $102,445 | ManagementAndGeneralAmt |
| Fundraising | $3,865 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,254,726 | TotalAmt |
| Program Services | $8,217,580 | ProgramServicesAmt |
| Management And General | $37,146 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,856 | TotalAmt |
| Program Services | $33,777 | ProgramServicesAmt |
| Management And General | $46,079 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $58,173 | TotalAmt |
| Program Services | $39,773 | ProgramServicesAmt |
| Management And General | $15,629 | ManagementAndGeneralAmt |
| Fundraising | $2,771 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,110,090 | TotalAmt |
| Program Services | $5,058,989 | ProgramServicesAmt |
| Management And General | $51,101 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,375,844 | TotalAmt |
| Program Services | $12,252,086 | ProgramServicesAmt |
| Management And General | $123,758 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,927,703 | TotalAmt |
| Program Services | $2,895,740 | ProgramServicesAmt |
| Management And General | $26,967 | ManagementAndGeneralAmt |
| Fundraising | $4,996 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| FOOD AND BEVERAGE | $2,976,210 | $2,976,210 | |
| DEPARTMENT SUPPLIES | $889,680 | $886,948 | $2,732 |
| ANCILLARY EXP./SUPPORT | $643,586 | $643,586 | |
| HURRICANE-RELATED EXP. | $251,476 | $251,476 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $279,030 | TotalAmt |
| Program Services | $240,884 | ProgramServicesAmt |
| Management And General | $35,405 | ManagementAndGeneralAmt |
| Fundraising | $2,741 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,462,977 | TotalAmt |
| Program Services | $56,061,285 | ProgramServicesAmt |
| Management And General | $4,144,420 | ManagementAndGeneralAmt |
| Fundraising | $257,272 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $42,659,446 | BOYAmt |
| EOY | $14,977,114 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,142,961 | BOYAmt |
| EOY | $1,180,868 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,295,400 | BOYAmt |
| EOY | $6,185,300 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $181,108 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,008,746 | BOYAmt |
| EOY | $2,438,869 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $271,215,697 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $83,682,328 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,115,984 | BOYAmt |
| EOY | $187,533,369 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,813,082 | BOYAmt |
| EOY | $38,358,338 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $53,930,399 | BOYAmt |
| EOY | $47,436,139 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,147,126 | BOYAmt |
| EOY | $298,109,997 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,771,482 | BOYAmt |
| EOY | $12,240,888 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,969,020 | BOYAmt |
| EOY | $90,919,301 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $168,555,061 | BOYAmt |
| EOY | $142,244,252 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,155,206 | BOYAmt |
| EOY | $1,389,919 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $92,741,588 | BOYAmt |
| EOY | $88,789,546 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $349,192,357 | BOYAmt |
| EOY | $335,583,906 | 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 | -$38,621,601 | BOYAmt |
| EOY | -$39,372,750 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,576,370 | BOYAmt |
| EOY | $1,898,841 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$37,045,231 | BOYAmt |
| EOY | -$37,473,909 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $312,147,126 | BOYAmt |
| EOY | $298,109,997 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,619,376 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $3,935,615 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$5,983,669 | 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 | $9,641,261 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,232,923 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,432,926 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,475,455 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $9,635,358 | CurrentTaxYearAmt |
| Total | $30,417,923 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $29,752,074 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $39,730,290 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $42,402,369 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,614,349 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $50,302,207 | CurrentTaxYearAmt |
| Total | $204,801,289 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $39,393,335 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $40,963,213 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $48,835,295 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $46,089,804 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $59,937,565 | CurrentTaxYearAmt |
| Total | $235,219,212 | 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 | $235,219,212 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $678,308 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $436,343 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,016,768 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,965,409 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,356,005 | CurrentTaxYearAmt |
| Total | $5,452,833 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $678,308 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $436,343 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,016,768 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,965,409 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,356,005 | CurrentTaxYearAmt |
| Total | $5,452,833 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,250 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus2 Years | $1,100,000 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,660,849 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $145,383 | CurrentTaxYearAmt |
| Total | $5,907,482 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $40,072,893 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $41,399,556 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $50,952,063 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $52,716,062 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $61,438,953 | CurrentTaxYearAmt |
| Total | $246,579,527 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.95390 | PublicSupportCY509Pct |
| Public Support PY509 | 0.95390 | PublicSupportPY509Pct |
| Investment Income CY | 0.02210 | InvestmentIncomeCYPct |
| Investment Income PY | 0.02080 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2019 AMOUNT: $ 1,250. INSURANCE REIMBURSEMENT - 2021 AMOUNT: $ 1,100,000. 2022 AMOUNT: $ 4,660,849. 2023 AMOUNT: $ 145,383. | ExplanationTxt |
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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
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 | $237,524,002 | OtherCostOrOtherBasisAmt |
| Depreciation | $73,472,409 | DepreciationAmt |
| Book Value | $164,051,593 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,379,503 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,984,420 | DepreciationAmt |
| Book Value | $2,395,083 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $24,633,421 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,220,277 | DepreciationAmt |
| Book Value | $16,413,144 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $3,618,866 | OtherCostOrOtherBasisAmt |
| Depreciation | $5,222 | DepreciationAmt |
| Book Value | $3,613,644 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $187,533,369 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (3 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| SECURITY AND UTILITY DEPOSITS | $201,295 |
| INTEREST RATE SWAP | $9,063,567 |
| RIGHT OF USE ASSETS | $38,171,277 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $47,436,139 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED GRANT REVENUE | $2,668,839 |
| REFUNDABLE ENTRANCE FEES | $36,454,927 |
| DEFERRED REFUND | $539,300 |
| CHARITABLE GIFT ANNUITY OBLIGATION | $35,311 |
| LINE OF CREDIT | $6,648,730 |
| LEASE OBLIGATION | $41,750,189 |
| REFUNDABLE DEPOSITS | $692,250 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $88,789,546 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $60,124,546 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $3,935,615 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$6,122,239 | OtherRevenueAmt |
| Revenue Not Reported | -$2,186,624 | RevenueNotReportedAmt |
| Revenue Subtotal | $62,311,170 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $131,553 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | -$360,370 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$228,817 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $62,082,353 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $60,553,224 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $473,276 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $473,276 | ExpensesNotReportedAmt |
| Expenses Subtotal | $60,079,948 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $131,553 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $251,476 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $383,029 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $60,462,977 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON INTEREST RATE SWAP -5,870,763. HURRICANE-RELATED EXPENSES NETTED AGAINST HURRICANE FUNDING -251,476. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF FIXED ASSETS -360,370. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | LOSS ON DISPOSAL OF FIXED ASSETS 360,370. PROVISION FOR DOUBTFUL ACCOUNTS 112,906. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | HURRICANE-RELATED EXPENSES NETTED AGAINST HURRICANE FUNDING 251,476. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|
| SCHOLARSHIPS | 42 | $84,000 | N/A | N/A |
| EMPLOYEE DISASTER RELIEF | 9 | $25,700 | N/A | N/A |
| COMMUNITY CAPITAL ENHANCEMENTS | 100 | $17,252 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | OUR SCHOLARSHIP FUNDS ARE DISBURSED DIRECTLY TO ACCREDITED EDUCATIONAL INSTITUTIONS, ENSURING THEY ARE USED STRICTLY FOR TUITION AND RELATED EXPENSES. SINCE FUNDS DO NOT PASS THROUGH RECIPIENTS' HANDS, WE CLASSIFY THEM AS AWARDS RATHER THAN GRANTS. TO MAINTAIN OVERSIGHT, WE VERIFY APPLICANT ELIGIBILITY THROUGH OUR HUMAN RESOURCES DEPARTMENT AND SUPERVISORS BEFORE SUBMISSION TO OUR RESIDENT-LED SCHOLARSHIP COMMITTEE. THIS COMMITTEE CONFIRMS SCHOOL ACCREDITATION, PROGRAM ACCEPTANCE, AND MAKES NAL AWARD DETERMINATIONS. GIVEN THESE ELIGIBILITY REQUIREMENTS AND THE COMMITTEE'S RIGOROUS SELECTION PROCESS, WE ENSURE THAT ONLY QUALIFIED APPLICANTS RECEIVE FUNDING. IF A SCHOLAR EXITS THE PROGRAM EARLY, ANY UNUSED FUNDS ARE RETURNED DIRECTLY TO CYPRESS COVE. THE EDUCATIONAL INSTITUTIONS RECEIVING THE AWARDS HAVE AGREED TO NOTIFY US IN SUCH CASES TO ENSURE PROPER FUND MANAGEMENT AND COMPLIANCE. DESIGNATED FUNDS ARE RECORDED TO THE SPECIFIC PURPOSE AND TRACKED VIA A SPREADSHEET THAT TIES TO THE GENERAL LEDGER BALANCE. ANY RELEASES ARE DEDUCTED FROM THE SPECIFIC DESIGNATED FUNDS COLLECTED. RECONCILIATION IS PERFORMED MONTHLY. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| 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 | 0 | 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 | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 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 | $219,239 | $0 | $57,186 | $0 | $510 | $0 | $10,285 | $0 | $15,965 | $0 | $303,185 | $0 | $0 | $0 |
| MATTHEW B LESSIG | ||||||||||||||
| ASSOC. EXEC. DIRECTOR (THRU 05/24) | $159,269 | $0 | $33,076 | $0 | $6,709 | $0 | $7,563 | $0 | $15,965 | $0 | $222,582 | $0 | $0 | $0 |
| RAYMOND S BERRY | ||||||||||||||
| DIRECTOR OF FACILITIES | $120,951 | $0 | $35,737 | $0 | $366 | $0 | $5,784 | $0 | $12,983 | $0 | $175,821 | $0 | $0 | $0 |
| MAUREEN V ORAVEC | ||||||||||||||
| SALES MANAGER | $100,821 | $0 | $53,907 | $0 | $0 | $0 | $5,172 | $0 | $7,726 | $0 | $167,626 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE BOARD APPROVES A BONUS PLAN EACH YEAR WITH A MIX OF GOALS. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | ||||||||
| A | 591793462 | 000000000 | 2020-10-01 | $20,540,000 | REFUND PRIOR TAXABLE BONDS ISSUED ON 5/12/17 AND FUND CAPITAL IMPROVEMENTS | 0 | 0 | 0 |
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | ||||||||
| B | 591793462 | 52349EEL0 | 2022-04-27 | $68,663,555 | CONSTRUCTION OF 48 NEW UNITS AND OTHER CAPITAL IMPROVEMENTS | 0 | 0 | 0 |
| LEE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | ||||||||
| C | 591793462 | 000000000 | 2022-07-06 | $85,035,000 | TO REFUND PRIOR TAXABLE BONDS ISSUED ON OCTOBER 15, 2020 | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Other Spent ProceedsOtherSpentProceedsAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Substantial CompletionSubstantialCompletionYr |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $745,000 | $20,578,704 | $1,368,507 | $380,052 | $11,594,737 | $7,196,704 | 0 | Yes (1) | 0 | Yes (1) | |
| B | $69,021,466 | $2,382,033 | $1,373,271 | $64,908,251 | 0 | 0 | 0 | Yes (1) | 2024 | ||
| C | $7,390,000 | $85,035,000 | $85,035,000 | 0 | Yes (1) | 0 | Yes (1) |
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 | Private Bus Use By OthersPrivateBusUseByOthersPct | Private Bus Concerning UBIPrivateBusConcerningUBIPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| B | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
| C | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0.00000 | 0 | 0 | Yes (1) |
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 | Yes (1) | 0 | 0 | Yes (1) | Yes (1) | 10.000000000000 | 0 | 0 | 0 | 0 | Yes (1) |
| (no name) | ||||||||||||
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) | |||
| (no name) | ||||||||||||
| C | 0 | Yes (1) | 0 | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) | |||
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE K, PAGE 1, PART II, COLUMN A, LINE 3 | LINE 3 IS GREATER THAN THE ISSUE PRICE DUE TO CUMULATIVE INVESTMENT EARNINGS ON THE BOND ISSUANCE PROCEEDS. |
| SCHEDULE K, PAGE 1, PART II, COLUMN B, LINE 3 | LINE 3 IS GREATER THAN THE ISSUE PRICE DUE TO CUMULATIVE INVESTMENT EARNINGS ON THE BOND ISSUANCE PROCEEDS. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 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, AS THE MANAGEMENT COMPANY OF CYPRESS COVE. CALENDAR YEAR 2023 FEES TOTALED $1,741,235. |
| FORM 990, PART VI, SECTION A, LINE 6 | LEE MEMORIAL HOSPITAL, INC. D/B/A LEE HEALTHCARE RESOURCES IS THE SOLE CORPORATE MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE BOARD MEMBERS OF LEE MEMORIAL HOSPITAL, INC D/B/A LEE HEALTHCARE RESOURCES 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 A, LINE 7B | THE FOLLOWING EVENTS SHALL REQUIRE THE AFFIRMATIVE VOTE OF THE MEMBER: THE DISSOLUTION OF THE CORPORATION, AS PROVIDED FOR IN ITS ARTICLES OF INCORPORATION; A MERGER INVOLVING THE CORPORATION; AN AMENDMENT TO THE ARTICLES OF INCORPORATION, OR AN AMENDMENT TO THESE BYLAWS; AND THE SALE, EXCHANGE, LEASE OR OTHER TRANSFER, OTHER THAN IN THE ORDINARY COURSE OF BUSINESS, OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS. |
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS PREPARED BY OUR OUTSIDE TAX ADVISOR/CPA FROM INFORMATION PROVIDED. FORM 990 IS REVIEWED BY THE VICE PRESIDENT OF FINANCE AT LEE FP INC., THE RELATED MANAGEMENT COMPANY. FORM 990 IS THEN REVIEWED BY THE FULL BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. |
| FORM 990, PART VI, SECTION B, 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, PART VI, SECTION B, LINE 15 | 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 FOR THE TOP OFFICIAL (EXECUTIVE DIRECTOR) AND OTHER OFFICERS. 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 LOSS ON INTEREST RATE SWAP -5,870,763. PROVISION FOR DOUBTFUL ACCOUNTS -112,906. |
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 | 16451 HEALTHPARK COMMONS DRIVE | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237160360 | EIN |
| Primary Activities | HEALTHCARE SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 12C | PublicCharityStatusTxt |
| Controlled Organization | 0 | 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 | 16451 HEALTHPARK COMMONS DRIVE | AddressLine1Txt |
| City | FORT MYERS | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 650184989 | EIN |
| Primary Activities | MANAGEMENT | PrimaryActivitiesTxt |
| Legal Domicile State | FL | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LEE MEMORIAL HOSPITAL | 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 | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | 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 | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | 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 | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |