2013-05-09T18:21:06-05:00 2012-06-30 861065772 Deloitte Tax LLP 111 South Wacker Drive Chicago IL 60606 990 2011-07-01 363370216 Copley Ventures Inc c/o Rush-Copley Medical Center COPL 6309786200 2000 Ogden Avenue Aurora IL 605044206 Brenda VanWyhe 6309786200 2013-05-09 1 Margaret Grinnell P00538660 3124861000 2011 2016-02-25 16:41:14Z Barry Finn 2000 Ogden Avenue Aurora IL 605044206 6145714 0 X www.rushcopley.com X 1985 IL The mission of the medical center and the medical staff is to work together to serve your healthcare needs through excellence in education, technology and a caring touch. 3 0 201 0 9051 1626 0 0 5861209 6065214 -2704 65 -1747761 -667019 4110744 5398260 0 0 0 0 2513543 2519599 0 0 0 3916458 4629328 6430001 7148927 -2319257 -1750667 31782540 31368048 39080574 40416749 -7298034 -9048701 X The mission of the medical center and the medical staff is to work together to serve your healthcare needs through excellence in education, technology and a caring touch. 0 0 6685897 5389144 Copley Ventures, Inc. ("CV") provides infirmary care for Illinois Math and Science Academy students. CV also holds title to property for rental purposes. CV leases and operates outpatient clinics and medical office buildings.CV owns the Rush-Copley Healthplex ("Healthplex"), which is a health and fitness center providing preventive medicine and wellness education to the general public. The Healthplex offers the latest in exercise equipment and a staff of nationally recognized, certified and degreed professionals. The Healthplex is equipped with a therapy pool and exercise equipment to rehabilitate patients ranging from cardiac patients to patients who have sports injuries. The Healthplex offers a wide variety of activities to members of all ages and all fitness levels. The Healthplex has developed wellness programs and support groups to help members adjust both mentally and physically to different health problems.The following is a sample of programs offered at the Healthplex: Childbirth and Parenting Classes including Nutrition & Exercise During Pregnancy are provided to educate the community and make them aware of other services provided by the Rush-Copley Medical Center, Inc. and affiliated organizations. Wellness Programs encourage participants to improve their health through education and activities. Recent offerings include: CPR, Arthritis Foundation Aquatic Program, Fibromyalgia, Aqua Multiple Sclerosis Water Exercises, Senior Citizens Golden Heart Club, Exercise for the Business & Vacation Traveler, and Injury Prevention for the Athlete. The Healthplex has also established youth programs to help children develop motor skills, while introducing them to nutrition and interdisciplinary studies. These programs encourage development of personal, social, health, and wellness skills that will lead to life-long physical activity. Recent offerings include: Kids Cardio, Kids Fitness Class, Exercise Your Heart, Healthy Opportunities Together, Youth Fitness assessments, and Kids Power. 6685897 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 5 0 1 201 1 1 1 0 0 0 0 0 0 0 0 0 X 3 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Brenda VanWyhe CFO 6309786200 2000 Ogden Avenue Aurora IL 605044206 X John Diederich 1.00 X 0 465776 159760 Barry Finn 1.00 X X 0 1463800 373282 Brenda VanWyhe 1.00 X X 0 320176 73383 Lynn Scott 1.00 X 0 71874 18141 Ryan Asmus 1.00 X 0 258280 67895 Ed Buda 40.00 X 137135 0 6413 137135 2579906 698874 1 0 1 0 0 Healthplex Revenue 713940 5039398 5030347 9051 Affiliated Rental Rev. 531120 876362 876362 Health Services 900099 149454 149454 6065214 65 65 80435 747454 -667019 -667019 -667019 5398260 5389144 9051 65 2237603 2237603 281996 281996 96127 96127 245697 245697 2515907 2515907 463030 463030 671642 671642 49353 49353 Purchased Services 338435 338435 Bank Charges 100607 100607 Promo & Entertainment 12372 12372 Bad Debt 10780 10780 125378 125378 7148927 6685897 463030 0 179386 241300 16813 14136 77023 211709 46315590 15414687 31509318 30900903 31782540 31368048 723202 949949 8575816 7910462 29781556 31556338 39080574 40416749 X -7298034 -9048701 -7298034 -9048701 31782540 31368048 -1750667 0 X X 0 1 1 X 0 X 18916902 18916902 24723260 12859613 11863647 2675428 2555074 120354 30900903 Due to Affiliates 25096049 Deferred Financing Obligation 6460289 31556338 0 1 0 0 0 0 0 0 0 John Diederich 0 293278 0 146700 0 25798 0 125949 0 33811 0 625536 0 0 Barry Finn 0 563803 0 810624 0 89373 0 332445 0 40837 0 1837082 0 0 Brenda VanWyhe 0 219498 0 94275 0 6403 0 49870 0 23513 0 393559 0 0 Ryan Asmus 0 164243 0 86190 0 7847 0 35024 0 32871 0 326175 0 0 Part I, Line 3 Part I, Line 3: Copley Memorial Hospital, a related organization of Copley Ventures used the following methods to determine the compensation of the organization's CEO/Executive Director: - Compensation committee - Independent compensation consultant - Form 990 of other organizations - Written employment contract - Compensation survey or study - Approval by the board or compensation committee. Part I, Line 4b SERP Plan of CMH: Barry Finn accrued $318,499, Brenda VanWyhe accrued $37,323 and Ryan Asmus accrued $27,620. Please note that these amounts are included in the amounts listed on Schedule J, Part II, Column C. There is no constructive receipt of these amounts by the individuals until they are paid out as they are subject to a substantial risk of forfeiture. Any individual payouts would be included as reportable compensation on the recipient's annual W2 form. There were no payouts in 2011. Supplemental Information Part III Part II, Column (B)(ii), Barry Finn Bonus & incentive compensation: A portion of this bonus payment was for performance provided over a five year time period, which was equivalent to $100,000 a year. Form 990, Part VI, Section A, line 2 Many of the persons listed on Part VII have a "business relationship" with each other by virtue of sitting on related Rush-Copley Medical Center entity boards. Form 990, Part VI, Section A, line 6 Rush-Copley Medical Center, Inc.("RCMC") is the sole corporate member of Copley Memorial Hospital, Inc.("CMH"), Rush-Copley Medical Group, NFP("RCMG"), Copley Ventures, Inc.("CV"), and Rush-Copley Foundation ("RCF"). Form 990, Part VI, Section A, line 7a Copley Ventures, Inc.'s Board of Directors is elected by the Governing Board of Copley Ventures, Inc.'s sole corporate member, Rush-Copley Medical Center, Inc., at the annual meeting of the Governing Board of Rush-Copley Medical Center, Inc. Form 990, Part VI, Section A, line 7b The President of Copley Ventures, Inc. is the CEO of Copley Ventures, Inc.'s sole corporate member, Rush-Copley Medical Center, Inc., and has the necessary authority and responsibility for the administration of the affairs of Copley Ventures, Inc. Any repeal or amendments to the bylaws or the Articles of Incorporation of Copley Ventures, Inc. requires approval of Copley Ventures Inc.'s sole corporate member, Rush Copley Medical Center, Inc. Form 990, Part VI, Section B, line 11 The 990 tax return is prepared by our external tax advisor with data provided by our organization. A draft of the Form 990 is provided to management for review and comment. The Board of Directors is provided with an approved copy of the Form 990 before it is filed. Form 990, Part VI, Section B, line 12c Annually, officers and directors of Copley Ventures are required to disclose interests that could give rise to conflicts. The conflict of interest statements are submitted and reviewed by the Chief Compliance Officer and the Audit and Corporate Integrity Committee of the Board. Those key personnel with conflicts are advised to recuse themselves from participating in decision making related to the conflict. Form 990, Part VI, Section B, line 15 The CEO/VPs of the organization and key senior management are compensated by Copley Memorial Hospital. Copley Memorial Hospital follows a compensation approval procedure annually that involves approval of proposed and final compensation arrangements by its Compensation Committee and full Board of Directors using comparability data, as well as contemporaneous documentation of compensation decisions in minutes. Form 990, Part VI, Section C, line 19 Form 990 is available upon request. The organization does not make its governing documents or conflict of interest policy available to the public. Copies of the financial statements (whether or not audited) are provided upon reasonable request such as for a bank loan or to a bond rating agency. Explanation of hours worked for related organization: Part VII, Section A: 40 hours per week devoted to related organization (Copley Memorial Hospital)-Barry Finn, Brenda VanWyhe, Ryan Asmus, Lynn Scott, John Diederich. 1 hour per week devoted to related organization (Rush Copley Medical Center)-Barry Finn, Brenda VanWyhe, Ryan Asmus, Lynn Scott. 1 hour per week devoted to related organization (Rush Copley Foundation)-Barry Finn, Brenda VanWyhe, Ryan Asmus. Form 990, Part XII, Line 2: Although the organization does not receive stand alone GAAP financial statements it does receive on an annual basis from independent auditors consolidated entity GAAP financials statements (audited) for it and its affiliates. Rush Copley Healthplex LLC 1900 Ogden Avenue Aurora IL 605044206 363275998 Community Health and Fitness IL 5039398 11517432 Copley Ventures Inc Copley Memorial Hospital Inc 2000 Ogden Avenue Aurora IL 60504 362170840 Hospital IL 501(c)(3) 3 Rush Copley Medical Center Inc 1 Rush-Copley Foundation 2000 Ogden Avenue Aurora IL 60504 363093877 Grants Other Charitable Organizations IL 501(c)(3) 7 Rush Copley Medical Center Inc 1 Rush-Copley Medical Center Inc 2000 Ogden Avenue Aurora IL 60504 363193787 Parent Company IL 501(c)(3) 11 N/A 0 Rush Copley Health Care System Inc 2000 Ogden Avenue Aurora IL 60504 363584043 Bridge Board RCMC & RUMC IL 501(c)(3) 11 N/A 0 Rush University Medical Center 1700 West Van Buren Street Chicago IL 60612 362174823 Hospitals IL 501(c)(3) 3 N/A 0 Yorkville Physical Therapy & Sports Medicine Center LLC 2000 Ogden Avenue Aurora IL 60504 364236345 Physical Therapy & Sports Medicine IL N/A Rush Copley Cardiovascular Consultants LLC 2000 Ogden Avenue Aurora IL 60504 273234201 Cardiovascular Medicine IL N/A Rush Copley Medical Group NFP 2000 Ogden Avenue Aurora IL 60504 363235315 Physician Practices IL N/A C 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 Rush Copley Medical Group NFP A 241398 FMV-Rents Copley Memorial Hospital Inc A 569325 FMV-Rents Copley Memorial Hospital Inc R 468000 FMV-Healthplex Membership