2018-01-29T12:25:27-06:00 2016-12-31 593070669 MOORE STEPHENS LOVELACE PA 701 BRICKELL AVENUE SUITE 550 MIAMI FL 33131 990 2016-01-01 590879342 LOURDES-NOREEN MCKEEN RESIDENCE FOR GERIATRIC CARE INC LOUR 5616558544 315 S FLAGLER DRIVE WEST PALM BEACH FL 334015677 SISTER JEANETTE D LINDSAY ADMINISTRATOR 5616558544 2018-01-29 1 KURT A ALTER CPA P00059492 3058199555 64.132.121.122 2018-01-29 13:17:22 ES P A6970DBB2853E0D2E5FB43C562937A4824D79D77 A6970DBB2853E0D2E5FB43C562937A4824D79D77 2016 2021-01-29 14:40:06Z SISTER JEANETTE D LINDSA 315 S FLAGLER DRIVE WEST PALM BEACH FL 334015677 24152529 0 0928 X WWW.LOURDESMCKEEN.ORG X 1962 FL SEE SCHEDULE O.LOURDES-NOREEN MCKEEN RESIDENCE FOR GERIATRIC CARE, INC. WAS FOUNDED IN 1960 AND PROVIDES SHORT-TERM REHABILITATION, LONG TERM CARE, ASSISTED LIVING AND INDEPENDENT RESIDENTIAL SERVICES TO THE ELDERLY IN PALM BEACH COUNTY. THESE SERVICES ARE PROVIDED IN AN ATMOSPHERE OF CHRISTIAN UNDERSTANDING AND FAITH, RESPECTING HUMAN LIFE AND THE INHERENT DIGNITY OF EACH PERSON. 14 13 333 118 0 0 55792 330688 15891548 21664303 1305658 1265584 6770352 891954 24023350 24152529 0 0 0 0 9326478 13925568 0 0 0 14085669 9225918 23412147 23151486 611203 1001043 58708759 58913762 19352028 18565050 39356731 40348712 X THE MISSION OF LOURDES-NOREEN MCKEEN RESIDENCE IS TO PROVIDE QUALITY HEALTH CARE AND RESIDENTIAL SERVICES IN A COMPASSIONATE, CARING AND HOMELIKE ATMOSPHERE, RESPECTING THE MISSION, VISION AND VALUES OF THE CARMELITE SISTERS FOR THE AGED AND INFIRM, IN CONFORMANCE WITH THE THEOLOGY, PHILOSOPHY, TEACHINGS AND DOCTRINES OF THE ROMAN CATHOLIC CHURCH. 0 0 19910278 22556257 SEE SCHEDULE O- SHORT-TERM REHABILITATION - LOURDES-NOREEN MCKEEN RESIDENCE IS COMMITTED TO CONTINUOUSLY STRIVE TO DEVELOP AND IMPROVE EFFECTIVE SYSTEMS FOR PROVIDING QUALITY REHABILITATION SERVICES FOCUSING ON SUPERIOR OUTCOMES TO ASSIST ELDERS IN SUCCESSFULLY RETURNING TO THE COMMUNITY.- LONG TERM CARE - LOURDES-NOREEN MCKEEN RESIDENCE IS COMMITTED TO BRING COMPASSION TO ELDERS IN A MANNER THAT ADVANCES THE HEALTH AND WELL-BEING THOSE REQUIRING LONG TERM CARE, WITHOUT REGARD TO ETHNIC BACKGROUND, RELIGION AND FINANCIAL CIRCUMSTANCES. - ASSISTED LIVING AND INDEPENDENT RESIDENTIAL SERVICES - LOURDES-NOREEN MCKEEN RESIDENCE PROVIDES SUPPORTIVE HOUSING, CARE AND AMENITIES DESIGNED TO PROMOTE HEALTHY LIVING AND ENHANCE THE ABILITY OF THE ELDERLY TO REMAIN INDEPENDENT AND ACTIVE IN THEIR COMMUNITY. 19910278 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 13 0 1 333 1 0 0 0 0 0 0 0 0 0 0 X 14 13 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X JODI NADERHOFF 5616508947 315 S FLAGLER DRIVE WEST PALM BEACH FL 33410 REV MSGR JOHN R MCMAHON CHAIRMAN 1.00 X X 0 0 0 SR M JEANNE FRANCIS HALEY PRESIDENT 1.00 1.00 X X 0 0 0 SR JEANETTE D LINDSAY TREASURER/ADMINISTRATOR 40.00 X X 0 0 0 KATHLEEN ABRAHAM SECRETARY/ASST. ADMIN. 40.00 X X 114580 0 0 SISTER MARY ROSE HEERY VICE PRESIDENT 1.00 1.00 X X 0 0 0 SR MAUREEN DE LOURDES MCDONOUGH DIRECTOR 1.00 1.00 X 0 0 0 JAMES J DALY ESQ DIRECTOR 1.00 X 0 0 0 SR M KEVIN PATRICIA LYNCH DIRECTOR 1.00 X 0 0 0 MARY KATHLEEN FOSTER DIRECTOR 1.00 X 0 0 0 BETH DALY DIRECTOR 1.00 1.00 X 0 0 0 SR DIANE MARIE MACK DIRECTOR 1.00 X 0 0 0 SR M SEAN DAMIEN DIRECTOR 1.00 X 0 0 0 PETER BONO DIRECTOR 1.00 X 0 0 0 MRS MARY LYNN ROGERS DIRECTOR 1.00 X 0 0 0 SR M TERESA STEPHEN PEREIRA DIRECTOR 1.00 X 0 0 0 MARK NOSACKA DIRECTOR 1.00 X 0 0 0 114580 0 0 1 0 0 0 SODEXO INC PO BOX 536922 ATLANTA GA 30353 DIETARY SERVICE 2795544 REHABCARE GROUP PO BOX 503534 ST LOUIS MO 63150 THERPAY CONTRACT LABOR 1093609 SIEMENS PO BOX 2134 CAROL STREAM IL 60132 MAINTENANCE SERVICE 775478 3 330688 330688 NET PATIENT SERVICE REVENUE 623000 21664303 21664303 21664303 359491 359491 142521 0 142521 142521 142521 906093 0 906093 906093 906093 OTHER OPERATING INCOME 623000 488533 488533 CHANGE IN FAIR VALUE OF INTEREST 900099 260900 260900 749433 24152529 22556257 0 1265584 114580 114580 11089765 9537198 1552567 183562 157863 25699 1608922 1383673 225249 928739 798716 130023 32607 28042 4565 112590 96827 15763 254028 218464 35564 95088 81776 13312 501226 431054 70172 146183 125717 20466 1220207 1049378 170829 69049 59382 9667 847 847 621508 534497 87011 1821352 1566363 254989 1169443 1005721 163722 BED TAX FEES 932250 932250 FOOD 631612 631612 SUPPLIES 559209 559209 BAD DEBT EXPENSE 451755 451755 606964 259934 347030 23151486 19910278 3241208 0 1797509 2379384 2575489 1328044 31773 23534 383597 298898 49613140 27165079 22320588 22448061 30609254 31986365 990549 449476 58708759 58913762 1615767 1148453 17048692 16141185 687569 1275412 19352028 18565050 X 39356731 40348712 39356731 40348712 58708759 58913762 X 1001043 260832 -269894 X X 0 1 X 1 0 X 163683 113136 57169 55792 330688 720468 13426714 13906066 22646227 22187746 21806824 93973577 13590397 14019202 22703396 22243538 22137512 94694045 0 0 0 94694045 7047161 6846393 542795 511343 359491 15307183 7047161 6846393 542795 511343 359491 15307183 643497 520760 503673 474154 719755 2861839 21281055 21386355 23749864 23229035 23216758 112863067 0.83900 0.78270 0.13560 0.19380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2031135 2031135 38714343 20097133 18617210 8867662 7067946 1799716 22448061 CAPITAL IMPROVEMENTS FUND 31986365 F 31986365 SWAP AGREEMENT 274251 OVERFUNDED PROJECTED BENEFIT OBLIGATION 402947 DUE TO RELATED PARTY 169472 OTHER CURRENT LIABILITIES 428742 1275412 24143467 260832 -269894 -9062 24152529 0 24152529 23151486 0 23151486 0 23151486 PART XI, LINE 2D - OTHER ADJUSTMENTS: PENSION RELATED CHANGES OTHER THAN NET PERIODIC COSTS -269,896. ROUNDING 2. A PALM BEACH COUNTY FLORIDA 596000785 2014-11-12 17300000 TO REFUND SERIES 2002 BONDS 0 0 0 A 710000 17300000 16783093 516907 2014 1 0 1 1 A 0 0 0 0 0 0 0 A 0 1 0 0 1 0 0 0 0 SCHEDULE K, PART I, COLUMN (F) IN NOVEMBER 2014, $17,300,000 OF PALM BEACH COUNTY, FLORIDA REVENUE REFUNDING BONDS, SERIES 2014 WERE ISSUED TO REFUND THE SERIES 2002 BONDS. THE SERIES 2014 BONDS MATURE ON DECEMBER 1, 2042 AND REQUIRED MONTHLY INTEREST ONLY PAYMENTS AT VARIABLE INTEREST RATES (1.19% AT DECEMBER 31, 2014). THE PROCEEDS FROM THE ISSUANCE OF THE SERIES 2014 BONDS WERE USED TO REFUND THE SERIES 2002 BONDS AND PAY CERTAIN COSTS OF ISSUANCE OF THE SERIES 2014 BONDS. THE BONDS WERE COLLATERALIZED BY SUBSTANTIALLY ALL OF THE ASSETS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 2 JAMES J. DALY, ESQ., A MEMBER OF THE BOARD OF DIRECTORS, IS THE FATHER OF FELLOW BOARD-MEMBER, BETH DALY. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION IS THE CARMELITE SYSTEM, INC. FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATE MEMBERS RETAIN THE RIGHT TO APPOINT OR REMOVE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED TO THE FINANCE COMMITTEE FOR REVIEW. THE FINANCE COMMITTEE REPORTS TO THE BOARD OF DIRECTORS REGARDING THE REVIEW, AND A COPY OF FORM 990 IS PROVIDED TO THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S CONFLICT OF INTEREST POLICY COVERS ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. EACH OFFICER, DIRECTOR AND KEY EMPLOYEE SIGNS AN ANNUAL STATEMENT INDICATING THAT THEY COMPLY WITH THE SIGNED STATEMENTS ON AN ANNUAL BASIS. THE ORGANIZATION'S BOARD OF DIRECTORS MONITORS AND ENFORCES ITS CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS. THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS ACTUAL CONFLICTS AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS OF INTEREST EXIST. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF TOP MANAGEMENT IS DETERMINED BY THE COMPENSATION COMMITTEE USING INFORMATION FROM COMPENSATION STUDY PREPARED BY INDEPENDENT CONSULTANT. THE COMPENSATION COMMITTEE MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS, WHICH MAKES THE ULTIMATE DECISION REGARDING COMPENSATION. ALL MEMBERS OF THE EXECUTIVE AND COMPENSATION COMMITTEES ARE INDEPENDENT WITH RESPECT TO THE COMPENSATION ARRANGEMENTS BEING REVIEWED AND APPROVED AND THE PROCESS IS DOCUMENTED IN THE MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE ORGANIZATION'S FORM 990 IS AVAILABLE TO THE PUBLIC ON GUIDESTAR'S WEBSITE. FORM 990, PART XI, LINE 9: PENSION RELATED CHANGES OTHER THAN NET PERIODIC COSTS -269,896. ROUNDING 2. OVERSIGHT OF AUDIT - FORM 990, PART XII, LINE 2C THE CARMELITE SYSTEM, INC. APPROVES THE ENGAGEMENT OF THE INDEPENDENT AUDITORS FOR THE CORPORATION. THE SYSTEM AUDIT COMMITTEE MEETS WITH THE SYSTEM'S MANAGEMENT AND THE INDEPENDENT AUDITORS TO REVIEW THE ENGAGEMENT PROPOSAL, RESULTS OF THE AUDIT, DRAFT AUDIT REPORT AND MANAGEMENT LETTERS. THE AUDIT COMMITTEE MAY MEET WITH THE INDEPENDENT AUDITORS IN EXECUTIVE SESSION BEFORE CONCLUDING ITS REVIEW AND ACCEPTANCE OF THE ANNUAL AUDIT REPORT. THE AUDIT COMMITTEE REPORTS ITS FINDINGS AND MAKES ITS RECOMMENDATION TO THE BOARD OF DIRECTORS. COMPENSATION - SISTER JEANETTE D. LINDSAY: FORM 990, PART VII: SISTER JEANETTE LINDSAY, AS A MEMBER OF THE CARMELITE SISTERS FOR THE AGED AND INFIRM, INC. HAS TAKEN A VOW OF POVERTY. THE COMPENSATION ESTABLISHED FOR THE SISTER ON BEHALF OF SERVICES PROVIDED TO THE FACILITY IS PAID DIRECTLY TO THE CARMELITE SISTERS FOR THE AGED AND INFIRM, INC. RATHER THAN TO THE INDIVIDUAL SISTER. LOURDES FOUNDATION INC 315 S FLAGLER DRIVE WEST PALM BEACH FL 33401 592632080 FUNDRAISING ON BEHALF OF LOURDES-NOREEN MCKEEN RESIDENCE FOR GERIATRIC CARE, FL 501(C)(3) LINE 12A, I LOURDES-NOREEN MCKEEN RESIDENCE FOR GERIATRIC CARE INC 1 CARMELITE SISTERS FOR THE AGED AND INFIRM INC 600 WOODS ROAD GERMANTOWN NY 12526 141369151 TO SPONSOR NURSING HOMES FOR THE AGED AND INFIRM NY 501(C)(3) LINE 10 N/A 0 THE CARMELITE SYSTEM INC 646 WOODS ROAD GERMANTOWN NY 12526 141810368 MANAGEMENT OF AFFILIATED FACILITIES NY 501(C)(3) LINE 10 N/A 0 CARMEL MANOR INC 100 CARMEL MANOR ROAD FORT THOMAS KY 41075 610523290 SKILLED NURSING FACILITY KY 501(C)(3) LINE 10 N/A 0 CARMEL TERRACE INC 933 CENTRAL STREET FRAMINGHAM MA 01701 043210051 ASSISTED LIVING FACILITY MA 501(C)(3) LINE 10 N/A 0 KAHL HOME FOR THE AGED AND INFIRM 6701 JERSEY RIDGE ROAD DAVENPORT IA 52807 420760833 SKILLED NURSING FACILITY IA 501(C)(3) LINE 10 N/A 0 MARIAN MANOR FOR THE AGED AND INFIRM INC 130 DORCHESTER STREET BOSTON MA 02127 042173054 SKILLED NURSING FACILITY MA 501(C)(3) LINE 10 N/A 0 MOTHER ANGELINE MCCRORY MANOR INC 5199 EAST BROAD STREET COLUMBUS OH 43213 912134683 SKILLED NURSING FACILITY OH 501(C)(3) LINE 10 N/A 0 MOUNT CARMEL CARE CENTER INC 320 PITTSFIELD ROAD LENOX MA 01240 383902709 SKILLED NURSING FACILITY MA 501(C)(3) LINE 10 N/A 0 ST MARGARET HALL INC 1960 MADISON ROAD CINCINATTI OH 45206 310655031 SKILLED NURSING AND ASSISTED LIVING FACILITY OH 501(C)(3) LINE 10 N/A 0 ST PATRICK'S HOME FOR THE AGED AND INFIRM INC 66 VAN CORTLAND PARK SOUTH BRONX NY 10463 121740033 SKILLED NURSING FACILITY NY 501(C)(3) LINE 10 N/A 0 ST PATRICK'S MANOR INC 863 CENTRAL STREET FRAMINGHAM MA 01701 042157057 SKILLED NURSING FACILITY MA 501(C)(3) LINE 10 N/A 0 ST PATRICK'S RESIDENCE 1400 BROOKDALE ROAD NAPERVILLE IL 60563 362527011 SKILLED NURSING FACILITY IL 501(C)(3) LINE 10 N/A 0 VILLAS AT SAINT THERESE INC 5253 EAST BROAD STREET COLUMBUS OH 43213 472021696 INDEPENDENT LIVING FACILITY OH 501(C)(3) LINE 10 N/A 0 OZANAM HALL 4241 201ST STREET BAYSIDE NY 11361 112167809 SKILLED NURSING FACILITY NY 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0