2012-11-08T16:00:04-06:00 2011-12-31 593070669 MOORE STEPHENS LOVELACE PA 1201 S ORLANDO AVENUE SUITE 400 WINTER PARK FL 327897192 990 2011-01-01 592708341 NAVAL CONTINUING CARE RETIREMENT FOUNDATION INC NAVA 9042469900 ONE FLEET LANDING BLVD ATLANTIC BEACH FL 322334599 JOSHUA A ASHBY 9042469900 2012-11-08 1 MELANIE A MCPEAK P01346034 4077405400 2011 2016-02-25 16:41:14Z FLEET LANDING JOSHUA A ASHBY ONE FLEET LANDING BLVD ATLANTIC BEACH FL 322334599 40224338 0 X WWW.FLEETLANDING.COM X 1985 FL TO ENRICH THE LIVES OF OLDER ADULTS THROUGH HIGH QUALITY PROGRAMS AND SERVICES TO SUPPORT SUCCESSFUL AGING. 14 12 399 25 0 0 23931 209480 26555751 27367624 792175 437830 23665 197934 27395522 28212868 0 0 0 0 10191342 10354998 0 0 0 16538592 16643950 26729934 26998948 665588 1213920 85678097 85822539 95329257 94499014 -9651160 -8676475 TO ENRICH THE LIVES OF OLDER ADULTS THROUGH HIGH QUALITY PROGRAMS AND SERVICES TO SUPPORT SUCCESSFUL AGING. 0 0 20755877 27392034 THE ORGANIZATION PROVIDES RESIDENTIAL, HEALTHCARE, AND OTHER RELATED SERVICES FOR RESIDENTS OF RETIREMENT AGE. THE ORGANIZATION OWNS AND OPERATES A RETIREMENT COMMUNITY CONSISTING OF 354 RESIDENTIAL UNITS (164 APARTMENTS AND 190 HOMES), 74 ASSISTED LIVING UNITS, AND A SKILLED NURSING CENTER CONSISTING OF 78 BEDS. TOTAL PATIENT DAYS FOR THE YEAR: 162,311 DAYS - INDEPENDENT LIVING; 21,578 DAYS - ASSISTED LIVING; AND 26,236 DAYS - SKILLED NURSING. 20755877 1 1 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 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 0 1 37 0 1 399 1 0 0 0 0 0 0 0 0 0 0 X 14 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CYNTHIA HACK CONTROLLER 9042469900 ONE FLEET LANDING BLVD ATLANTIC BEACH FL 322334599 X ADM JONATHAN T HOWE USN RET 0.30 X X 0 0 0 CAPT STEVE JARECKI USN RET 0.30 X X 0 0 0 ROGER PALMER 32.00 X X 71680 0 10635 JOSHUA A ASHBY 50.00 X X 148001 0 15552 MAJ GEN GERALD MALONEY JR RET 0.30 X 0 0 0 CAPT EDWARD A BREWTON USN RET 0.30 X 0 0 0 CAPT FRANCIS L LOVING USMC RET 0.30 X 0 0 0 CAPT CHARLES METZLER USN RET 0.30 X 0 0 0 CAPT MICHAEL MILLER USN RET 0.30 X 0 0 0 MARTY JONES 0.30 X 0 0 0 ANNE CONWAY 0.30 X 0 0 0 HELEN ATTER 0.30 X 0 0 0 CAPT AARON BOWMAN RET 0.30 X 0 0 0 JOSEPH E KENNEY 0.30 X 0 0 0 JANE VERKOUTEREN 0.30 X 0 0 0 JOSEPH MITRICK 0.30 X 0 0 0 RADM RICK CUERONI RET 0.30 X 0 0 0 219681 0 26187 1 0 1 0 REHABCARE GROUP INC 680 SOUTH FOURTH STREET LOUISVILLE KY 40202 REHABILITATION SERVICE 893915 KITCHEN AND FLOORING 4508 SOUTHSIDE BLVD JACKSONVILLE FL 32216 CONSTRUCTION 746545 RPC GENERAL CONTRACTORS INC 248 LEVY ROAD ATLANTIC BEACH FL 32233 CONSTRUCTION 662136 VALLEYCREST LANDSCAPE 24151 VENTURA BLVD CALABASAS CA 91302 LANDSCAPING SERVICE 452335 DAVID GRAY PLUMBING INC 6491 POWERS AVE JACKSONVILLE FL 32217 PLUMBING SERVICE 153524 9 209480 21680 209480 MONTHLY SERVICE FEES 623000 11769970 11769970 RESIDENT SERVICES 623000 9366464 9366464 ENTRANCE FEE 623000 5628129 5628129 OTHER RESIDENT SERVICE 623000 603061 603061 27367624 372575 372575 12070073 6652 12011470 0 58603 6652 65255 65255 INSURANCE PROCEEDS 900099 173524 173524 OTHER REVENUE 900099 24410 24410 197934 28212868 27392034 0 611354 245868 245868 8257595 6594705 1662890 110633 69362 41271 1083765 925587 158178 657137 519549 137588 822437 547017 275420 290408 8339 282069 900106 528055 372051 122378 9302 113076 3166570 2446356 720214 146769 61732 85037 2547460 1954818 592642 4356634 3343105 1013529 689277 150455 538822 DIETARY 1464910 1464910 PROFESSIONAL MEDICAL SE 919272 919272 SUPPLIES 386484 386484 PHARMACY 370401 370401 460844 456428 4416 26998948 20755877 6243071 0 938384 2342257 1486492 1930127 95047 86079 849599 665047 111997643 54091099 58951288 57906544 20864009 20541369 2493278 2351116 85678097 85822539 2295072 2334705 40194270 42165225 47349579 44278286 5490336 5720798 95329257 94499014 X -9724680 -8932318 33520 215253 40000 40590 -9651160 -8676475 85678097 85822539 X 1213920 -239235 X X 0 1 1 X 0 X 78515 65840 40270 23931 209480 418036 23121051 24170047 25604451 26555751 27367624 126818924 23199566 24235887 25644721 26579682 27577104 127236960 0 0 0 127236960 1007870 824560 618831 530539 372575 3354375 1007870 824560 618831 530539 372575 3354375 218908 340864 84042 23665 197934 865413 24426344 25401311 26347594 27133886 28147613 131456748 0.96790 0.96370 0.02550 0.03090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4694810 4694810 82569839 36912395 45657444 12659997 10137417 2522580 12072997 7041287 5031710 57906544 CASH AND CASH EQUIVALENTS 2501182 F U.S. GOVERNMENT OBLIGATIONS 14205612 F EQUITIES 2920248 F MUTUAL FUNDS 914327 F 20541369 REFUNDABLE DEPOSITS IN ESCROW 208728 REFUNDABLE ENTRANCE FEES 5455564 CHARITABLE GIFT LIABILITY 49006 DEFERRED COMPENSATION LIABILITY 7500 5720798 28212868 26998948 1213920 -217555 -21680 -239235 974685 27966981 -217555 -217555 28184536 28332 28332 28212868 26992296 0 26992296 6652 6652 26998948 PART XI, LINE 8 - OTHER ADJUSTMENTS: STOCK CONTRIBUTION -21,680. PART XII, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF EQUIPMENT REPORTED WITHIN EXPENSES 6,652. STOCK CONTRIBUTION 21,680. PART XIII, LINE 4B - OTHER ADJUSTMENTS: GAIN ON SALE OF EQUIPMENT REPORTED WITHIN EXPENSES 6,652. X X X X X 0 0 0 0 0 0 0 0 0 JOSHUA A ASHBY 148001 0 0 0 0 0 10500 0 5052 0 163553 0 0 0 CITY OF ATLANTIC BEACH FL 596000267 048251AR3 2007-01-30 20000000 SEE SUPPLEMENTAL INFORMATION BELOW 0 0 0 10500000 19900000 100000 9300000 2010 0 0 1 1 0 0 0 0 1 0 1 0 0 0 0 SCHEDULE K, ROW A, PART I (F) PURPOSE OF SERIES 2006 BONDS: THE BONDS WERE ISSUED TO FINANCE CERTAIN COSTS OF THE ACQUISITION, CONSTRUCTION, AND INSTALLATION OF CERTAIN CAPITAL IMPROVEMENTS, INCLUDING THE CONSTRUCTION OF 34 INDEPENDENT LIVING UNITS (4 HOMES AND 15 DUPLEXES), A COMMUNITY CENTER, AND RENOVATIONS TO EXISTING PROPERTY OF THE FOUNDATION, PAY INTEREST ON THE BONDS DURING CONSTRUCTION, AND PAY CERTAIN COSTS OF ISSUING THE SERIES 2006 BONDS. SCHEDULE K, PART II, COLUMN A, LINE 3 ADDITIONAL INFORMATION RELATED TO BOND ISSUANCE: THE TOTAL PROCEEDS FOR SERIES 2006 BOND ISSUE ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED IN PART I, COLUMN (E), THE DIFFERENCE IS A UNDERWRITER'S DISCOUNT OF $100,000. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE FOR APPROVAL PRIOR TO BEING FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION'S EXECUTIVE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ANNUALLY. THE COMMITTEE REVIEWS ACTUAL CONFLICTS THAT ARE IDENTIFIED BY THE ANNUAL DISCLOSURE PROCESS AND PROHIBITS OFFICERS AND DIRECTORS FROM VOTING ON MATTERS WHERE ACTUAL CONFLICTS OF INTEREST EXIST. FORM 990, PART VI, SECTION B, LINE 15 A) THE EXECUTIVE COMMITTEE DETERMINES THE COMPENSATION AND BENEFITS OF THE CHIEF EXECUTIVE OFFICER. THE COMMITTEE IS INDEPENDENT WITH RESPECT TO THE COMPENSATION ARRANGEMENT BEING CONSIDERED. THE COMMITTEE UTILIZES COMPARABILITY SURVEYS PROVIDED BY LEADING AGE FLORIDA AND ALSO UTILIZES DATA FROM SIMILAR ORGANIZATIONS' FORM 990'S. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED IN COMMITTEE MEETING MINUTES. B) KEY EMPLOYEE COMPENSATION IS DETERMINED ANNUALLY BY THE CEO USING COMPARATIVE COMPENSATION DATA OBTAINED VIA THE HOSPITAL AND HEALTHCARE COMPENSATION SERVICE CCRC SALARY AND BENEFITS REPORT. THE BOARD'S COMPENSATION COMMITTEE PERIODICALLY REVIEWS THE COMPENSATION LEVELS FOR KEY EMPLOYEES. 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. ALLOCATION OF HOURS WORKED FORM 990, PART VII, SECTION A, #1A, COLUMN (B) HOURS WORKED PER WEEK ARE ALLOCATED BETWEEN THE FILING ORGANIZATION AND RELATED ORGANIZATIONS AS FOLLOWS FOR THE INDIVIDUALS LISTED WITHIN PART VII: JOSHUA A. ASHBY - NAVAL CONTINUING CARE RETIREMENT FOUNDATION - 50 HRS. FLEET LANDING ENDOWMENT FUND, INC. - 1 HR. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -217,555. STOCK CONTRIBUTION -21,680. TOTAL TO FORM 990, PART XI, LINE 5: -239,235. OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT FORM 990, PART XI, LINE 2C THE FINANCE COMMITTEE IS RESPONSIBLE FOR THE SELECTION, MONITORING AND EVALUATION OF AN INDEPENDENT AUDIT FIRM AND OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS. THERE WAS NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. FLEET LANDING ENDOWMENT FUND INC ONE FLEET LANDING BLVD ATLANTIC BEACH FL 32233 593248806 PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS OF FLEET LANDING. FL 501 (C)(3) 7 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1