2019-11-13T07:38:40-06:00 2018-12-31 KPMG LLP 8350 Broad Street Suite 900 McLean VA 22102 990 2018-01-01 521273592 LIFENET HEALTH % Gordon Berkstresser LIFE 7574644761 1864 Concert Drive Virginia Beach VA 23453 GORDON BERKSTRESSER CFO 7574644761 2019-11-12 true JG WHITE P01498698 7032868000 2019-11-06 167.68.102.5 54028020193175000000 2019-11-13 P 2AF01D0DA837293D70C1EC03EC0713F2596E91D3 FC1242D0EC2D3B2AC8280BF1A124E85FEFEE16D6 2018 2020-04-17 16:48:07Z Rony Thomas 1864 Concert Drive Virginia Beach VA 23453 418564024 false X www.lifenethealth.org X 1982 VA AS A LEADER IN ORGAN AND TISSUE TRANSPLANTATION, RESEARCH AND EDUCATION, SAVING LIVES, RESTORING HEALTH AND GIVING HOPE IS OUR MISSION. 13 12 1265 550 0 14482 37194 32109 372642008 414870109 334872 1487391 3109868 2174415 376123942 418564024 38005 15000 0 0 96919613 111186436 0 0 0 239264206 274798781 336221824 386000217 39902118 32563807 373178088 402809361 136467255 135154394 236710833 267654967 AS A LEADER IN ORGAN AND TISSUE TRANSPLANTATION, RESEARCH AND EDUCATION, SAVING LIVES, RESTORING HEALTH AND GIVING HOPE IS OUR MISSION. false false 308135288 15000 394270196 PROCESSING AND DISTRIBUTION OF HUMAN ALLOGRAFT TISSUE FOR TRANSPLANTATION. 18512027 22397590 ORGAN RECOVERY AND TRANSPLANTATION SERVICES. 3634672 420600 ORGAN AND TISSUE CALL CENTER SERVICES. 330281987 true true false true false false false false false false true false false false true true false true false true true false false false false false false true false true true false false false false false false false false false false false false false false true true true true false false true X 495 0 true 1265 true true true true AU CA SP false false false false false false false false true false X 13 12 false false false false false false false true true false false true true true true true true true true false X Gordon Berkstresser 7574644761 1864 Concert Drive Va Beach VA 23453 X Rony Thomas CEO 40.0 5.0 X X 1430404 0 155486 John M Herre Chairman 2.0 0.0 X X 27639 0 0 Gerald M Bowers Vice Chairman 2.0 0.0 X X 17363 0 0 Jonathan Barton Director 2.0 0.0 X 15000 0 0 Dr John Cardea Director 2.0 0.0 X 15000 0 0 Linda Cross Director 2.0 0.0 X 15000 0 0 Lenneal J Henderson Jr Director 2.0 0.0 X 15000 0 0 Ann Lange Director 2.0 1.0 X 15000 0 0 Dr Adam Landsman Director 2.0 0.0 X 15136 0 0 Thomas B Mason Director 2.0 0.0 X 11500 0 0 Judge Norman Olitsky Director 2.0 0.0 X 15000 0 0 Tim Pruett MD FACS Director 2.0 0.0 X 11667 0 0 Lee Riley III MD Director 2.0 0.0 X 15000 0 0 Gordon Berkstresser CFO 40.0 5.0 X 709922 0 48500 Doug Wilson Executive VP 40.0 1.0 X 658803 0 130486 Michael Poole EVP, Global Operations 40.0 0.0 X 441306 0 122637 Patrick Falcon VP & GM, WMSR 40.0 0.0 X 428105 0 64403 Alan Bortnick SVP, Administration 40.0 0.0 X 425161 0 102499 Michael Plew SVP, Quality & Regulatory Comp 40.0 0.0 X 453014 0 55073 Daniel Osborne VP, Global Marketing 40.0 0.0 X 425236 0 97654 5160256 0 776738 245 false true false DePuy Orthopaedics Inc 700 Orthopaedic Drive Warsaw IN 46582 Product Represent 54501023 Arthrex Inc 1370 Creekside Blvd Naples FL 34108 Product Represent 27785899 AVID Medical Inc 9000 Westmont Drive Toano VA 23168 Medical Supplies 9531380 New England Donor Services 60 1st Avenue Waltham MA 02451 Product Represent 6608974 Instant Systems Inc PO Box 11064 Norfolk VA 23517 Product Represent 6546207 223 32109 32109 Tissue Processing 900099 392472519 392472519 Organ Procurement 900099 22397590 22397590 414870109 1273104 1273104 0 0 0 0 0 191287 23000 191287 23000 214287 214287 0 0 0 0 0 0 0 0 0 Licensing 900099 1785635 1785635 Donor Center 900099 420600 420600 Refunded Grant 900099 12042 12042 -43862 -43862 2174415 418564024 417088386 1443529 X 15000 15000 0 0 0 0 3321907 3321907 0 85204983 69517138 15687845 5854473 5136467 718006 10977201 8892364 2084837 5827872 5131135 696737 0 4259432 4259432 225031 5031 220000 0 0 0 122017712 119753392 2264320 145675 138835 6840 1153263 826812 326451 10482865 10482865 0 4983426 2022085 2961341 4987317 4498464 488853 0 1349392 669011 680381 1303967 32634 1271333 0 6207208 3984178 2223030 2593746 29740 2564006 Tissue Costs 81341899 80268339 1073560 Freight 15562980 14868924 694056 Miscellaneous Expenses 18184868 14492438 3692430 386000217 330281987 55718230 0 70260820 74490821 33561916 36816468 0 0 47110206 48144381 0 0 0 0 250000 250000 129841058 146500177 3833693 2531232 145654800 77855715 64765790 67799085 0 0 0 0 3438577 3438577 6876616 6654936 13239412 16183684 373178088 402809361 86371371 88736902 0 0 17046960 14998993 24685000 23705000 0 0 0 0 0 0 6200000 6000000 2163924 1713499 136467255 135154394 X 236710833 267654967 0 0 0 0 236710833 267654967 373178088 402809361 X 32563807 -1923834 304161 X false true X true false X 41800 0 0 37194 32109 111103 242332311 256702110 314749212 372642008 414870109 1601295750 0 0 0 242374111 256702110 314749212 372679202 414902218 1601406853 0 0 0 1601406853 91810 232046 137209 334872 1273104 2069041 0 91810 232046 137209 334872 1273104 2069041 0 2376682 3254127 37667784 3109868 2218277 48626738 244842603 260188283 352554205 376123942 418393599 1652102632 0.96931 0.96626 0.00125 0.00060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false true 109269 109269 false SCHEDULE C, PART II-B, LINE 1I THE LOBBYING EXPENSES INCURRED RELATE TO MEMBERSHIP DUES PAID TO AOPO AND VARIOUS ORGANIZATIONS FOR LOBBYING ACTIVITIES 4935348 4935348 50236856 24150696 26086160 12214202 6427553 5786649 74700201 45048701 29651500 3568193 2228765 1339428 67799085 0 CAPITAL LEASE PAYABLE 677517 OTHER LIABILITIES 1035982 1713499 X FIN 48 FOOTNOTE SCHEDULE D, PART X, LINE 2 THE COMPANY APPLIES THE PROVISIONS OF FASB ASC 740, INCOME TAXES, IN ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. ASC 740 PROVIDES GUIDANCE ON WHEN TAX POSITIONS ARE RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND HOW THE VALUES OF THESE POSITIONS ARE DETERMINED. THERE IS CURRENTLY NO IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS AS A RESULT OF THE APPLICATION OF ASC 740. true Europe (Including Iceland and Greenland) 3 Program Services Sales Representation 197605 North America 1 Program Services Sales Representation 222541 South America 1 Program Services Sales Representation 314250 South Asia 1 Program Services Sales Representation 32614 Middle East and North Africa 1 Program Services Sales Representation 35271 7 7 802281 802281 false false false false false false Schedule F, Part I, Line 1 GRANT MONITORING GRANTS ARE SUBMITTED BY THE REQUESTOR THROUGH EXECUTIVE APPROVAL CHANNELS TO ACCOUNTING FOR EVALUATION. DOCUMENTS ARE PREPARED THAT REFLECT THE PURPOSE, THE RELATIONSHIP TO THE MISSION AND THE FINANCIAL RESULTS OF THE GRANT. THE ASSEMBLED GRANT REQUEST IS ROUTED THROUGH EXECUTIVE MANAGEMENT FOR APPROVAL TO THE CHIEF FINANCIAL OFFICER AND THE CHIEF EXECUTIVE OFFICER. NOTIFICATION OF THE GRANT'S APPROVAL STATUS IS SENT TO THE REQUESTOR. IF THE GRANT IS APPROVED, THE REQUESTOR NOTIFIES ACCOUNTING FOR PAYMENT. true University of Maryland Baltimore Foundation Inc 620 W Lexington Street 2nd Floor Baltimore MD 21201 311678679 501(C)(3) 10000 Educational grant 1 0 SCHEDULE I, PART I, LINE 1 GRANT MONITORING GRANTS ARE SUBMITTED BY THE REQUESTOR THROUGH EXECUTIVE APPROVAL CHANNELS TO ACCOUNTING FOR EVALUATION. DOCUMENTS ARE PREPARED THAT REFLECT THE PURPOSE, THE RELATIONSHIP TO THE MISSION AND THE FINANCIAL RESULTS OF THE GRANT. THE ASSEMBLED GRANT REQUEST IS ROUTED THROUGH EXECUTIVE MANAGEMENT FOR APPROVAL TO THE CHIEF FINANCIAL OFFICER AND THE CHIEF EXECUTIVE OFFICER. NOTIFICATION OF THE GRANT'S APPROVAL STATUS IS SENT TO THE REQUESTOR. IF THE GRANT IS APPROVED, THE REQUESTOR NOTIFIES ACCOUNTING FOR PAYMENT. X X true true X X X X X false true false false false false false true false Rony Thomas CEO 698846 0 624547 0 107011 0 133672 0 21814 0 1585890 0 100965 0 Gordon Berkstresser CFO 418615 0 280120 0 11187 0 33672 0 14828 0 758422 0 0 0 Doug Wilson Executive VP 423436 0 196103 0 39264 0 108672 0 21814 0 789289 0 22300 0 Michael Poole EVP, Global Operations 291446 0 110501 0 39359 0 108672 0 13965 0 563943 0 26916 0 Patrick Falcon VP & GM, WMSR 253750 0 169376 0 4979 0 45651 0 18752 0 492508 0 0 0 Alan Bortnick SVP, Administration 279434 0 108545 0 37182 0 83672 0 18827 0 527660 0 25389 0 Michael Plew SVP, Quality & Regulatory Comp 286615 0 154955 0 11444 0 33672 0 21401 0 508087 0 0 0 Daniel Osborne VP, Global Marketing 286923 0 107913 0 30400 0 83672 0 13982 0 522890 0 16944 0 SCHEDULE J, PART I, LINE 1 4 SENIOR EXECUTIVES RECEIVE MEMBERSHIPS TO THE VIRGINIA BEACH TOWN CENTER CLUB. THE CEO MAINTAINS A MEMBERSHIP TO THE TOWN POINT CLUB OF NORFOLK. THE CLUB MEMBERSHIPS WERE USED FOR BUSINESS PURPOSES AND TREATED AS NONTAXABLE COMPENSATION. OFFICERS AND KEY EMPLOYEES RECEIVE COMPENSATION FOR THE ACHIEVEMENT OF CERTAIN GOALS RESULTING IN AWARDS THAT ARE GROSSED UP AT A DETERMINED DOLLAR AMOUNT AND DISTRIBUTED NET OF TAX AT THIS DOLLAR AMOUNT. SCHEDULE J, PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN THE FOLLOWING INDIVIDUALS RECEIVED A PAYOUT FROM A NONQUALIFIED RETIREMENT PLAN IN 2018. THE AMOUNT WAS INCLUDED IN THEIR W-2 WAGES. RONY THOMAS $100,965 GORDON BERKSTRESSER $0 DOUG WILSON $22,300 PATRICK FALCON $0 MICHAEL POOLE $26,916 MICHAEL PLEW $0 ALAN BORTNICK $25,389 DANIEL OSBORNE $16,944 THE FOLLOWING INDIVIDUALS HAD AMOUNTS DEFERRED INTO A NONQUALIFIED RETIREMENT PLAN IN 2018. RONY THOMAS $100,000 GORDON BERKSTRESSER $0 DOUG WILSON $75,000 PATRICK FALCON $15,000 MICHAEL POOLE $75,000 MICHAEL PLEW $0 ALAN BORTNICK $50,000 DANIEL OSBORNE $50,000 SCHEDULE J, PART I, LINE 7 OFFICERS AND KEY EMPLOYEES RECEIVE INCENTIVE COMPENSATION FOR THE ACHIEVEMENT OF CERTAIN GOALS RESULTING IN AWARDS. A City of Virginia Beach Development Authority 540947964 927743KMS 2010-12-21 30000000 New Facilities & Other Capital false false false A 0 0 30000000 0 0 17910000 431500 0 0 11658500 0 0 2010 true false true true A false false false false 0 false false false true A false true false false true true Suntrust Bank 25. false false false 0 false true A true FORM 990, PART VI, LINE 8 BOARD MEETINGS THE BOD MEMBERS MET ON THE FOLLOWING DATES: APRIL 11, 2018, JUNE 13, 2018, NOVEMBER 11, 2018. THE MINUTES OF THE MEETINGS ARE DOCUMENTED AND STORED ELECTRONICALLY. FORM 990, PART VI, LINE 10A LOCAL CHAPTERS & AFFILIATES LIFENET HEALTH HAS NO LOCAL CHAPTERS, BRANCHES, OR AFFILIATES. FORM 990, PART VI, LINE 11B THE COMPANY CONTRACTS WITH AN INDEPENDENT ACCOUNTING FIRM TO COMPLETE THE 990. THE 990 IS REVIEWED BY THE CFO AND CEO PRIOR TO FILING WITH THE IRS. THE 990 IS APPROVED BY THE CHAIRMAN OF THE BOARD OF DIRECTORS AS PROXY FOR THE FULL BOARD PER RESOLUTION OF THE BOARD. DISTRIBUTION OF THE 990 IS TRANSMITTED TO THE FULL BOARD BEFORE FILING. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY THE COMPANY HAS A CONFLICT OF INTEREST POLICY (GA-120-011) DESIGNED TO PROTECT THE COMPANY'S INTEREST WHEN IT IS ENTERING OR CONTEMPLATING ENTRY INTO A TRANSACTION THAT MIGHT BENEFIT THE INTEREST OF ITS MEMBERS. THE POLICY COVERS ALL INTERESTED PERSONS WHO ARE DEFINED AS ANY PRINCIPAL OFFICER, BOARD MEMBER, EMPLOYEE AND THEIR IMMEDIATE FAMILY, AND THIRD PARTIES THAT ARE INVOLVED IN THE DECISION MAKING PROCESS AND HAS A DIRECT OR INDIRECT FINANCIAL INTEREST. UPON COMMENCEMENT AND ANNUALLY THEREAFTER, ALL EMPLOYEES MUST COMPLETE A "CONFLICT OF INTEREST QUESTIONNAIREUPDATE WHENEVER EMPLOYEE AFFILIATIONS CHANGE. AFTER DISCLOSURE OF THE FINANCIAL INTEREST, THE COMPLIANCE OFFICER WILL INVESTIGATE AND DETERMINE THE FINAL ACTIONS NECESSARY TO ADDRESS THE CONFLICT. FORM 990, PART VI, LINE 13 WHISTLEBLOWER POLICY THE COMPANY HAS A WHISTLEBLOWER POLICY (GA-120-012) DESIGNED TO PROMOTE AND ENABLE EMPLOYEES TO RAISE ISSUES INTERNALLY BEFORE SEEKING RESOLUTION OUTSIDE OF THE ORGANIZATION. FORM 990, PART VI, LINES 15A & B COMPENSATION COMPENSATION RANGES FOR OFFICERS, KEY EMPLOYEES AND MANAGEMENT ARE REVIEWED BY AN INDEPENDENT COMPENSATION CONSULTANT PERIODICALLY. THE CONSULTANT PROVIDES COMPARATIVE SALARY FOR THE INDUSTRY FOR ALL POSITIONS WITHIN THE COMPANY. THE INDEPENDENT BOARD REVIEWS THE SALARY INFORMATION AND/OR AT RISK COMPENSATION PROVIDED BY THE CONSULTANT AND SETS COMPENSATION FOR THE CEO AND DOCUMENTS ITS DECISIONS CONTEMPORANEOUSLY IN THE FORM OF BOARD MINUTES. FORM 990, PART VI, LINE 19 PUBLIC DISCLOSURE OF FINANCIAL STATEMENTS, ETC. THE COMPANY DOES NOT MAKE ITS AUDITED FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY OR GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS CHANGE IN FV OF INTEREST RATE SWAP................ $304,161 FORM 990 PART IX LINE 11G DESCRIPTION:Commissions TOTAL FEES:XXX-XX-XXXX FORM 990 PART IX LINE 11G DESCRIPTION:ORGAN RECOVERY TOTAL FEES:6221137 FORM 990 PART IX LINE 11G DESCRIPTION:Other Professional TOTAL FEES:5437978 Skin and Wound Allograft Institute 1864 Concert Drive Virginia Beach VA 23453 262953267 Tissue Graft VA 44286355 31333312 LifeNet Heal Institute of Regenerative Medicine 1864 Concert Drive Virginia Beach VA 23454 453188511 Research & DE VA 1764786 16400542 LifeNet Heal LifeNet Health Northwest 501 SW 39th Street Renton WA 98057 800798511 Tissue SVCS VA 56777552 77039701 LifeNet Heal Florida Tissue Services 1864 Concert Drive Virginia Beach VA 23453 593605624 Tissue Servic FL 501(C)(3) PF LifeNet Heal true LifeNet Foundation 1864 Concert Drive Virginia Beach VA 23453 542015370 Donor Educati VA 501(C)(3) 10 LifeNet Heal true LifeNet Health of Canada 40 KING ST W STE 5800 TORONTO ON CA MSH 351 999999999 Tissue Servic CA LifeNet Heal true LifeNet Health Europe GMBH 25 DIETRICHGASSE VIENNA AU 1030 999999999 Tissue Servic AU LifeNet Heal true false false true false false false true true false false false false false false true false true false true Florida Tissue Services h 2108922 Book Value Lifenet Health Europe GMBH g 4942895 Book Value LifeNet Health Canada q 1068223 Book Value