2015-08-03T08:53:16-05:00 2014-12-31 410746749 CLIFTONLARSONALLEN LLP 420 SOUTH ORANGE AVENUE SUITE 500 ORLANDO FL 32801 990 2014-01-01 591834357 THE MOORINGS INCORPORATED MOOR 2396439111 120 MOORINGS PARK DRIVE NAPLES FL 34105 MARY MORTON VICE PRESIDENT OF FINANCE 2392611616 2015-07-31 1 AMY CHAPMAN P00843460 4078021200 2015-07-07 2014 2016-02-25 16:41:14Z DANIEL J LAVENDER 120 MOORINGS PARK DRIVE NAPLES FL 34105 417224830 0 X WWW.MOORINGSPARK.ORG X 1975 FL TO PROVIDE SIMPLY THE BEST FACILITIES, SERVICES AND PROGRAMS FOR SUCCESSFUL AGING WITH PROFESSIONAL AND COMPASSIONATE CARE TO EACH PERSON WE SERVE. 10 8 551 368 0 0 81247 65678 55191942 56677368 5258302 15835396 247807 279820 60779298 72858262 0 0 0 0 19445586 19897620 0 0 0 34569147 37355300 54014733 57252920 6764565 15605342 384494721 445364040 284652360 338157647 99842361 107206393 TO PROVIDE SIMPLY THE BEST FACILITIES, SERVICES AND PROGRAMS FOR SUCCESSFUL AGING WITH PROFESSIONAL AND COMPASSIONATE CARE TO EACH PERSON WE SERVE. 0 0 51083236 56974778 THE MOORINGS, INCORPORATED D/B/A MOORINGS PARK IS A LIFE CARE RETIREMENT COMMUNITY DESIGNED TO ACCOMMODATE PERSONS 62 YEARS OF AGE OR OLDER. IT CONSISTS OF 384 INDEPENDENT LIVING APARTMENTS, 73 ASSISTED LIVING UNITS, AND A 106-BED SKILLED NURSING FACILITY. 51083236 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 346 0 551 1 0 0 0 0 0 0 0 0 0 0 X 10 8 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X MARY MORTON 2392611616 134 MOORINGS PARK DRIVE NAPLES FL 34105 DR DENISE HEINEMANN CHAIRPERSON 2.00 6.00 X X 0 0 0 DANIEL J LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 2.00 46.00 X X 0 397883 50350 DR JOHN R LITTLE DIRECTOR 2.00 8.00 X 0 0 0 DANIEL SPINTMAN DIRECTOR 2.00 X 0 0 0 KENT L MCRAE DIRECTOR/CHIEF OPERATING OFFICER 40.00 8.00 X X 233956 0 35560 DR SHERI BREZINA DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL HOLE DIRECTOR 2.00 0.00 X 0 0 0 PATRICIA M BARTON DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL WEIR SECRETARY/TREASURER 2.00 0.00 X X 0 0 0 MICHAEL WYNN DIRECTOR 2.00 0.00 X 0 0 0 FRED M GLOTH III CHIEF MEDICAL OFFICER 2.00 46.00 X 0 435699 51705 TIMOTHY S BUIST FORMER CHIEF FINANCIAL OFFICER 2.00 46.00 X 0 173230 33336 MARIA T ISAZA FLANAGAN CHIEF INFORMATION OFFICER 2.00 46.00 X 0 23618 0 STEVAN BRINKERT VICE PRESIDENT OF RESIDENT SERVICES 2.00 46.00 X 0 238919 35745 MAHER MOUSSA DIRECTOR OF REHIBILITATION 40.00 X 122157 0 24971 JAMES KRALL EXECUTIVE DIRECTOR OF ENGINEERING AND CONSTRUCTION 40.00 X 123314 0 19098 KIM ADAMS DIRECTOR OF NURSING 40.00 X 119921 0 6743 GINA PARIS DIRECTOR OF SALES 40.00 X 134953 0 15996 DIANA BAILEY EXECUTIVE DIR. OF HEALTH SERVICES 40.00 X 124427 0 22406 858728 1269349 295910 10 0 1 0 SOFTRIM CORPORATION 9210 ESTERO PARK COMMONS BLVD STE ESTERO FL 33928 IT SERVICES 4228937 GUEST SERVICES INC PO BOX 742707 ATLANTA GA 30374 DINING SERVICES 3180835 CRAWFORD LANDSCAPING LLC 2360 CATAWBA ST NAPLES FL 34120 LANDSCAPING 871643 PHARMERICA PO BOX 409251 ATLANTA GA 30384 PHARMACY 701437 MORTON AND WASMER BLDRS LLC 931 FIFTH AVE N NAPLES FL 34102 CONSTRUCTION 621665 42 65678 65678 RESIDENT SERVICE FEES 623000 22894451 22894451 EARNED ENTRANCE FEES 623990 17721762 17721762 HEALTH SERVICES REVENUE 621610 16061155 16061155 56677368 4365160 4365160 355836804 343967524 399044 11869280 -399044 11470236 11470236 OTHER REVENUE 900099 279820 279820 279820 72858262 56957188 0 15835396 269516 269516 15600610 15546875 53735 607001 576483 30518 2243966 2237851 6115 1176527 1160127 16400 22124 22124 563333 563333 1901581 1860449 41132 494571 491033 3538 2792 2792 13926 13426 500 37904 35341 2563 2472414 2472414 3471959 12605 3459354 15242077 15242077 1582998 1582998 FOOD SERVICES 2596775 2583385 13390 UTILITIES 2067202 2067202 EQUIPMENT RENTAL & MAIN 1777722 1768175 9547 SUPPLIES 1639702 1623775 15927 3468220 3389226 78994 57252920 51083236 6169684 0 4335797 2925615 2506537 2647606 200865 244688 1973672 1860004 319664722 118949319 194093412 200715403 178426564 234504079 2957874 2466645 384494721 445364040 3535431 3473639 176451499 172965960 95931673 93521677 8733757 68196371 284652360 338157647 X 99512629 106928823 329732 277570 99842361 107206393 384494721 445364040 X 15605342 -7723028 -518282 X X 0 1 X 1 0 X 63313 77496 73656 81247 65678 361390 48489891 50105064 54470503 55191942 56677368 264934768 48553204 50182560 54544159 55273189 56743046 265296158 0 0 0 265296158 4047649 4182871 4710820 5258302 15835396 34035038 4047649 4182871 4710820 5258302 15835396 34035038 92435 75271 123794 247807 279820 819127 52693288 54440702 59378773 60779298 72858262 300150323 0.88390 0.91580 0.11340 0.08200 X FORM 990, PART III, SECTION B, LINE 12 MISCELLANEOUS REVENUE 14383908 14383908 209390742 68202338 141188404 52371334 37047913 15323421 7507628 3905258 3602370 36011110 9793810 26217300 200715403 DEPOSITS IN ESCROW 65333714 INTEREST RATE SWAP LIABILITY 2650339 DUE TO RELATED PARTY 67318 PROMISES TO GIVE 145000 68196371 X PART X, LINE 2: THE ORGANIZATION, AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE"), IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE, AND IS NOT CLASSIFIED AS A PRIVATE FOUNDATION. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION'S INCOME TAX RETURNS FOR 2011, 2012 AND 2013 ARE OPEN FOR INSPECTION BY TAXING AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION FOLLOWS THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THIS STANDARD CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS IN ACCORDANCE WITH THE INCOME TAX STANDARD. THIS STANDARD PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE IMPLEMENTATION OF THIS STANDARD HAD NO IMPACT ON THE ORGANIZATION'S FINANCIAL STATEMENTS FOR THE YEARS ENDED DECEMBER 31, 2014 OR 2013. X X X X X X 0 1 0 0 0 0 0 0 0 DANIEL J LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 0 331826 0 65967 0 90 0 33283 0 17067 0 448233 0 0 KENT L MCRAE DIRECTOR/CHIEF OPERATING OFFICER 220867 0 12831 0 258 0 23552 0 12008 0 269516 0 0 0 FRED M GLOTH III CHIEF MEDICAL OFFICER 0 386123 0 49318 0 258 0 33154 0 18551 0 487404 0 0 TIMOTHY S BUIST FORMER CHIEF FINANCIAL OFFICER 0 164672 0 8443 0 115 0 16331 0 17005 0 206566 0 0 STEVAN BRINKERT VICE PRESIDENT OF RESIDENT SERVICES 0 163725 0 74798 0 396 0 17194 0 18551 0 274664 0 0 GINA PARIS DIRECTOR OF SALES 79065 0 55750 0 138 0 4146 0 11850 0 150949 0 0 0 PART I, LINE 4B DANIEL J.LAVENDER - $17,683 KENT L. MCRAE - $9,745 STEVAN BRINKERT - $7,102 TIMOTHY S. BUIST - $7,681 FRED M. GLOTH III - $17,554 A COLLIER COUNTY HEALTH FACILITIES AUTHORITY 592351395 2000-05-10 20000000 FINANCE NEW SKILLED NURSING FACILITY AND RENOVATIONS TO EXISTING FACILITY 0 0 0 B COLLIER COUNTY HEALTH FACILITIES AUTHORITY 592351395 2005-06-29 27000000 FINANCE NEW SKILLED NURSING FACILITY AND RENOVATIONS TO EXISTING FACILITY 0 0 0 C COLLIER COUNTY HEALTH FACILITIES AUTHORITY 592351395 2008-04-10 34820000 FINANCE NEW SKILLED NURSING FACILITY AND RENOVATIONS TO EXISTING FACILITY 0 0 0 D COLLIER COUNTY HEALTH FACILITIES AUTHORITY 592351395 2010-12-30 25000000 FINANCE CONSTRUCTION OF BUILDINGS O, P & Q PARKING GARAGE & WELLNESS CENTER 0 0 0 A 6555000 20000000 49603 398137 19532190 2000 0 0 1 1 B 27000000 99611 455767 26429702 2005 0 0 1 1 C 34820000 128462 469362 34202935 2008 0 0 1 1 D 25000000 92233 292281 24707719 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 C 0 0 0 0 0 0 0 D 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 B 0 0 0 0 1 0 0 0 0 C 0 0 0 0 1 0 WACHOVIA BANK NA 18.000000000000 0 0 0 0 0 D 0 0 0 0 1 0 0 0 0 A 0 B 0 C 0 D 0 FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED CONTROL OVER MANAGEMENT DUTIES CUSTOMARILY PERFORMED BY OR UNDER THE DIRECT SUPERVISION OF OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES TO THE MOORINGS PARK INSTITUTE, INC. (EIN# 65-1232040), A RELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS PREPARED BY CLIFTONLARSONALLEN WITH INFORMATION PROVIDED BY THE FINANCE DEPARTMENT OF THE MOORINGS PARK INSTITUTE, INC. MANAGEMENT REVIEWS THE 990 AND PROVIDES A COPY TO ALL BOARD MEMBERS PRIOR TO PRESENTATION IN DRAFT TO THE AUDIT COMMITTEE OF THE MOORINGS PARK INSTITUTE, INC. UPON COMMITTEE APPROVAL THE 990 IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, EACH KEY EMPLOYEE AND DIRECTOR IS REQUIRED TO SIGN A NEW CONFLICT OF INTEREST DISCLOSURE STATEMENT. IN ADDITION, THE BOARD MINUTES REFLECT THE DISCLOSURE OF ANY REAL OR PERCEIVED CONFLICT. THE VICE PRESIDENT OF HUMAN RESOURCES MONITORS THIS POLICY ON AN ONGOING BASIS. FORM 990, PART VI, SECTION B, LINE 15 OUTSIDE CONSULTANTS ARE USED ON A REGULAR AND RECURRING BASIS. THE HAY GROUP WAS USED BEGINNING IN 2008 AND WAS USED AGAIN IN 2012. CONSULTANTS ARE USED WHEN MAJOR EXECUTIVE CONTRACTS ARE MODIFIED OR CHANGED. DURING THE INTERIM YEARS THE ORGANIZATION OBTAINS THE LEADINGAGE-CEMO LEADERSHIP COMPENSATION SURVEY TO MONITOR COMPENSATION TRENDS. THE MANAGEMENT & DEVELOPMENT COMMITTEE DOCUMENTS THE FINDINGS. THE AUDIT COMMITTEE AND THE FULL BOARD REVIEW AND APPROVE CONTRACTS PRIOR TO SIGNING. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -518,282. PART XII, LINE 2C ALTHOUGH NO AUDIT IS PERFORMED FOR THE INDIVIDUAL ORGANIZATION, THE CONSOLIDATED FINANCIAL STATEMENTS OF THE MOORINGS PARK INSTITUTE, INC. AND SUBSIDIARIES, WHICH INCLUDES THIS ORGANIZATION AND THE RELATED ENTITIES LISTED ON SCHEDULE R, ARE AUDITED ANNUALLY BY AN INDEPENDENT AUDITOR. THE AUDITED FINANCIAL STATEMENTS ARE THEN POSTED IN THE CLUBHOUSE. FORM 990, PART VII: SECTION A, COLUMN B TIME DEVOTED TO THE MOORINGS PARK INSTITUTE, INC. - EIN# 65-1232040 NAME TITLE HRS/WK DEVOTED DR. DENISE HEINEMANN DIRECTOR 2.00 DANIEL J. LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 40.00 DR. JOHN R. LITTLE CHAIRMAN 2.00 KENT L. MCRAE CHIEF OPERATING OFFICER 2.00 STEVAN BRINKERT VICE PRESIDENT OF RESIDENT SERVICES 40.00 TIMOTHY S. BUIST FORMER CHIEF FINANCIAL OFFICER 40.00 FRED M. GLOTH III CHIEF MEDICAL OFFICER 2.00 MARIA T ISAZA FLANAGAN CHIEF INFORMATION OFFICER 40.00 FORM 990, PART VII: SECTION A, COLUMN B TIME DEVOTED TO MOORINGS PARK COMMUNITY HEALTH, INC. - EIN# 65-1232037 NAME TITLE HRS/WK DEVOTED DR. DENISE HEINEMANN DIRECTOR 2.00 DANIEL J. LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 2.00 DR. JOHN R. LITTLE DIRECTOR 2.00 KENT L. MCRAE CHIEF OPERATING OFFICER 2.00 STEVAN BRINKERT VICE PRESIDENT OF RESIDENT SERVICES 2.00 TIMOTHY S.BUIST FORMER CHIEF FINANCIAL OFFICER 2.00 FRED M. GLOTH III CHIEF MEDICAL OFFICER 2.00 MARIA T ISAZA FLANAGAN CHIEF INFORMATION OFFICER 2.00 FORM 990, PART VII: SECTION A, COLUMN B TIME DEVOTED TO MOORINGS PARK HEALTHY LIVING, INC. - EIN# 45-2443047 NAME TITLE HRS/WK DEVOTED DANIEL J. LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 2.00 KENT L. MCRAE CHIEF OPERATING OFFICER 2.00 FRED M. GLOTH III CHIEF MEDICAL OFFICER 40.00 STEVAN BRINKERT VICE PRESIDENT OF RESIDENT SERVICES 2.00 TIMOTHY S. BUIST FORMER CHIEF FINANCIAL OFFICER 2.00 DR. DENISE HEINEMANN DIRECTOR 2.00 DR. JOHN R. LITTLE DIRECTOR 2.00 MARIA T ISAZA FLANAGAN CHIEF INFORMATION OFFICER 2.00 FORM 990, PART VII: SECTION A, COLUMN B TIME DEVOTED TO MOORINGS PARK FOUNDATION, INC. - EIN# 26-3631295 NAME TITLE HRS/WK DEVOTED DANIEL J. LAVENDER PRESIDENT/CHIEF EXECUTIVE OFFICER 2.00 DR. JOHN R. LITTLE DIRECTOR 2.00 KENT L. MCRAE CHIEF OPERATING OFFICER 2.00 STEVAN BRINKERT VICE PRESIDENT OF RESIDENT SERVICES 2.00 TIMOTHY S. BUIST FORMER CHIEF FINANCIAL OFFICER 2.00 FRED M. GLOTH III CHIEF MEDICAL OFFICER 2.00 MARIA T ISAZA FLANAGAN CHIEF INFORMATION OFFICER 2.00 THE MOORINGS PARK INSTITUTE INC 120 MOORINGS PARK DR NAPLES FL 34105 651232040 PROVIDES MANAGEMENT SERVICES FL 501(C)(3) LINE 11B, II N/A 0 MOORINGS PARK COMMUNITY HEALTH INC 120 MOORINGS PARK DR NAPLES FL 34105 651232037 PROVIDES HOME HEALTH SERVICES FL 501(C)(3) LINE 9 N/A 0 MOORINGS PARK FOUNDATION INC 120 MOORINGS PARK DR NAPLES FL 34105 263631295 PROVIDES HUMAN AND FINANCIAL RESOURCES IN THE SUPPORT OF SUCCESSFUL AGING OF FL 501(C)(3) LINE 8 N/A 0 RIVERSIDE AT MOORINGS PARK INC 120 MOORINGS PARK DR NAPLES FL 34105 263512448 INACTIVE FL 501(C)(3) LINE 9 N/A 0 MOORINGS PARK HEALTHY LIVING INC 120 MOORINGS PARK DR NAPLES FL 34105 452443047 PROVIDER OF SUCCESSFUL AGING PROGRAMS TO RESIDENTS AND THE COMMUNITY FL 501(C)(3) LINE 11B, II N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0