2015-11-11T09:00:16-06:00 2014-12-31 990 2014-01-01 341481142 Laurel Lake Retirement Community Inc LAUR 3306500681 200 Laurel Lake Drive Hudson OH 44236 DAVID A OSTER EXECUTIVE DIRECTOR 2015-11-11 2014 2016-02-25 16:41:14Z DAVID A OSTER 200 Laurel Lake Drive Hudson OH 44236 24140089 false X www.laurellake.org X 1989 OH A RETIREMENT COMMUNITY OF CHOICE FOR ADULTS WHO ASPIRE TO LEAD LIVES FILLED WITH MEANING, PURPOSE, AND LIFELONG OPPORTUNITIES FOR GROWTH AND SERVICE. 8 8 405 145 0 0 616974 230795 23512172 23906357 1480637 2937 0 0 25609783 24140089 0 0 0 0 9608151 10546632 0 0 0 11413075 12109989 21021226 22656621 4588557 1483468 84262200 87995765 84262200 86227456 0 1768309 LAUREL LAKE STRIVES TO BE THE COMMUNITY OF CHOICE FOR ADULTS WHO ASPIRE TO LEAD LIVES FILLED WITH MEANING, PURPOSE, AND LIFELONG OPPORTUNITIES FOR GROWTH SERVICE. LAUREL LAKE ACCOMPLISHES THIS PURPOSE BY DEMONSTRATING OUR CORE VALUES OF COMPASSION, RESPECT, EXCELLENCE, AND SERVICE. false false 9130977 11924797 PROVIDE HOUSING, ENVIRONMENTAL SERVICES, AND EDUCATIONAL AND ENTERTAINMENT ACTIVITIES FOR INDEPENDENT RESIDENTS. 7609074 8180412 PROVIDE SKILLED NURSING LONG-TERM CARE FOR RESIDENTS TO INCLUDE HOUSING, MEALS, ENVIRONMENTAL SERVICES, AND ACTIVITIES. 3444940 3791148 PROVIDE ASSISTED LIVING LONG-TERM CARE FOR RESIDENTS TO INCLUDE HOUSING, MEALS, ENVIRONMENTAL SERVICES, AND ACTIVITIES. 450949 10000 PROVIDE COMMUNITY OUTREACH SERVICES TO UNDERSERVED PERSONS THROUGH OUR MISSION ACTIVITIES IN COOPERATION WITH LOCAL RELIGIOUS ORGANIZATIONS. 450949 10000 20635940 true true false false false true false false false true false false true true false false true false false false false false false false false false false false true true false false false false false false false false false false false false false false false true false false false true 40 0 true 405 true false false false false false false false false false false X 8 8 false false false false true false false true true false false true true true true true true true true false OH X X MICHAEL D LESLEIN 3306500681 200 LAUREL LAKE DRIVE HUDSON OH 44236 Kathleen Hoover Treasurer 2.00 X X 0 0 0 Michael Denk Secretary 2.00 X X 0 0 0 James McKay Chair 4.00 X X 0 0 0 Stephanie Fallcreek Vice Chair 2.00 X X 0 0 0 Richard Leppo Trustee 1.00 X 0 0 0 Sr Barbara Noble HM Trustee 1.00 X 0 0 0 Richard Boyson Trustee 1.00 X 0 0 0 William Eldredge Trustee 1.00 X 0 0 0 Michael D Leslein Chief Financial Officer 50.00 6.00 X 143408 0 5015 David A Oster Executive Director 45.00 2.00 X 239843 0 9260 383251 0 14275 2 false true true SELECT REHABILITATION P O BOX 809056 CHICAGO IL 606809056 PHYSICAL THERAPY 823155 US Foodservice PO Box 642561 Pittsburgh PA 152642561 Food Distribution 745890 TED KNIGHT AND SONS CONSTRUCTION 620 TEREX ROAD HUDSON OH 44236 CONSTRUCTION SERVICES 535494 Vizmeg Landscape Inc 778 McCauley Rd Suite 100 Stow OH 44224 Landscape, Lawn Care, Snow Removal 216376 A Caspersen Company Inc 3473 Wyoga Lake Road Cuyahoga Falls OH 44224 Construction Services 182974 16 230795 230795 Ancillary Services Revenue 900099 1346980 1346980 Resident Services 623000 19756141 19756141 Income From Activities 900099 2803236 2803236 0 0 0 0 23906357 1744 1744 1193 1193 0 0 0 0 0 0 0 0 0 24140089 23906357 0 2937 401919 269286 132633 7452490 7065851 386639 153735 143571 10164 1971424 1841082 130342 567064 555723 11341 49530 40681 8849 1054042 1050309 3733 0 202139 202139 243817 211828 31989 180237 153201 27036 4588876 3874250 714626 37602 31154 6448 16161 14545 1616 2057680 1851912 205768 3057698 2751928 305770 291512 247785 43727 Franchise Fee 330695 330695 0 0 0 0 22656621 20635940 2020681 0 1050 15168573 6758871 4338799 670543 0 0 367329 1418907 67529301 3018540 65474061 64510761 0 18842 0 2400741 1500000 4921349 4708139 84262200 87995765 3427956 3658738 28121011 30212546 14025344 0 48896192 34969582 3817041 3361246 84262200 86227456 1768309 0 1768309 84262200 87995765 X 1483468 284841 X false true X true false X 210027 163665 144548 616974 230795 1366009 22308350 21767111 22940575 23511998 23906357 114434391 22518377 21930776 23085123 24128972 24137152 115800400 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 115800400 211499 255460 121759 1480637 2937 2072292 211499 255460 121759 1480637 2937 2072292 0 0 0 0 0 0 22729876 22186236 23206882 25609609 24140089 117872692 0.9824 0.9801 0.0176 0.0198 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 45.0 0 0 0 1 false 0 false 3598580 3598580 59325255 2445620 56879635 1343012 131027 1211985 3077521 410256 2667265 184933 31637 153296 64510761 Other Assets 1045648 Amount Held by Bond Trustee 3662491 4708139 Accrued Real Estate tax net of current 269471 Refundable Entrance Fees 3091775 3361246 Schedule D, Part II, Line 9 Conservation easements financial reporting Laurel Lake does not report any amounts in the financial statements since the easement is only a commitment not to build on wetland areas. X X X false false false false false false false false false David A Oster Executive Director 239600 0 0 0 243 0 1860 0 7400 0 249103 0 0 0 A County of Summit Ohio 346002767 86605HBA7 2013-12-30 14280000 To finance the acquisition, construction, improvement and equipping of LLRC. false false false A 254656 0 14280000 461813 308388 0 285600 0 13224199 0 0 0 2013 false false true true A false false false false 0.0 0.0 0.0 false false true A false true false false true false 0.0 false false true A true Schedule K, Part I, Column (f) Description Of Purpose Issuer name: County of Summit, Ohio To finance the acquisition, construction, improvement and equipping of LLRC. CoreFormPartIII_PartIIILine4d Description of other program services (Expenses $ 450,949 including grants of $)(Revenue $ 10,000) PROVIDE COMMUNITY OUTREACH SERVICES TO UNDERSERVED PERSONS THROUGH OUR MISSION ACTIVITIES IN COOPERATION WITH LOCAL RELIGIOUS ORGANIZATIONS. Form 990, Part VI, Line 6 Classes of members or stockholders Laurel Lake Retirement Community Foundation was the sole member for the entire year. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is prepared by Laurel Lake Retirement Community's accounting staff and reviewed by the Chief Financial Officer. Then the Form 990 is presented to HW & Co., CPAs, Laurel Lake's independent auditors, for review. The 990 is approved by the board's finance and audit committees and accepted by the Board of Directors. The return is provided to the governing body prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy All board members are covered by the Laurel Lake Retirement Community conflict of interest policy which requires disclosure on an annual basis. All potential conflicts of interest are reviewed by Laurel Lake Retirement Community Corporate Compliance Officer. At the beginning of each board meeting, all board members are required to disclose any conflicts of interest. Board members determined to have a conflict of interest are prohibited from participating in deliberations and decision-making for the transaction in which the conflict exists. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE COMPENSATION OF THE ORGANIZATION'S PRESIDENT, DAVID OSTER, IS DETERMINED BY LAUREL LAKE RETIREMENT COMMUNITY, A RELATED TAX-EXEMPT ORGANIZATION. LAUREL LAKE UTILIZES A WRITTEN EMPLOYMENT CONTRACT, A COMPENSATION SURVEY OR STUDY, DATA FROM SIMILAR ORGANIZATIONS, AND APPROVAL BY THE BOARD OF DIRECTORS WHEN DETERMINING MR. OSTER'S COMPENSATION. THIS ANALYSIS WAS PERFORMED IN 2014 AT THE EFFECTIVE DATE OF THE CURRENT THREE-YEAR CONTRACT. Form 990, Part VI, Line 15b Process to establish compensation of other employees A COMPENSATION ANALYSIS WAS PERFORMED FOR THE CHIEF FINANCIAL OFFICER IN JANUARY 2014. Form 990, Part VI, Line 19 Required documents available to the public Governing documents, conflict of interest policy, and audited financial statements are mailed to requestors. Audited financial statements are also available on the organization's web site. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Capital assets transferred from Foundation - 284841; Laurel Lake Retirement Community Foundation Inc 200 Laurel Lake Drive Hudson OH 44236 341779303 Receive charitable contributions OH 501(c)(3 Type II N/A false false false true false false false false false false false false false false false false false false false false