2011-02-15T17:32:44-06:00 2010-03-31 SEIM JOHNSON SESTAK & QUIST LLP 8807 INDIAN HILLS DRIVE SUITE 300 OMAHA NE 681144123 990 2009-04-01 420681060 OTTUMWA REGIONAL HEALTH CENTER INC OTTU 6416842315 1001 PENNSYLVANIA AVENUE OTTUMWA IA 52501 TOM LAZIO 6416842315 2011-02-14 1 Julie M Gerken 4023302660 2009 2016-02-24 21:20:13Z TOM LAZIO 1001 PENNSYLVANIA AVENUE OTTUMWA IA 52501 95565948 0 X www.orhc.com X 1892 IA PROVIDE GENERAL ACUTE CARE AND OTHER HEALTH SERVICES 10 8 962 120 39169 0 702577 308536 78622064 81063066 108797 -100405 2880566 2534256 82314004 83805453 541810 180742 0 41672064 40551876 0 0 38701095 40898924 80914969 81631542 1399035 2173911 94337792 99337601 51645276 49826734 42692516 49510867 IN THE PURSUIT OF EXCELLENCE, WE DEDICATE OURSELVES TO PROVIDING QUALITY HEALTH SERVICES IN A CARING MANNER. 0 1 7997491 34043138 THE SURGICAL SERVICES UNIT INCLUDES PRE-ADMISSION TESTING AND CONSULTATION, ONE DAY (AMBULATORY) SURGERY, OPERATING ROOM, POST-ANESTHESIA CARE, ENDOSCOPY, MINOR SURGERY AND PAIN MANAGEMENT. THE OPERATING ROOM PROVIDES 24-HOUR SURGICAL AND ANESTHESIA CARE TO ALL PATIENTS REQUIRING ELECTIVE OR EMERGENT SURGICAL INTERVENTION. IN THE FISCAL YEAR ENDING MARCH 31, 2010, THERE WERE 1,034 INPATIENT SURGICAL PROCEDURES PERFORMED AND 8,301 OUTPATIENT PROCEDURES. 6175292 21946560 THE EMERGENCY MEDICAL SERVICES DEPARTMENT OPERATES AS A LEVEL III TRAUMA CENTER. IT PROVIDES 24-HOUR PHYSICIAN COVERED ACUTE AND URGENT CARE TO REGIONAL RESIDENTS. A MINIMUM OF TWO AMBULANCES ARE STAFFED AT ALL TIMES THROUGH ON-DUTY AND ON-CALL PARAMEDIC STAFFING. IN THE FISCAL YEAR ENDING MARCH 31, 2010, THERE WERE 26,518 VISITS TO THE EMERGENCY ROOM AND 4,056 AMBULANCE RUNS. 4293368 20420042 THE DEPARTMENT OF RADIOLOGY IS A CONSULTATIVE SERVICE THAT EMPHASIZES AN INTEGRATED APPROACH TO MEDICAL IMAGING AT THE LOWEST POSSIBLE RADIATION EXPOSURE TO THE PATIENT. ALONG WITH CONVENTIONAL X-RAY EXAMINATIONS, THE DEPARTMENT'S CAPABILITIES INCLUDE SPIRAL 3D COMPUTER TOMOGRAPHY, ULTRASONOGRAPHY, A FULL RANGE OF NUCLEAR MEDICINE STUDIES, MAGNETIC RESONANCE IMAGING, MAMMOGRAPHY, AND SPECIAL PROCEDURES. MOBILE SERVICES FOR STEREOTACTIC BREAST BIOPSY ARE AVAILABLE ON A SCHEDULED BASIS. RADIOLOGISTS ARE AVAILABLE ON A 24-HOUR BASIS FOR CONSULTATION REGARDING INTERPRETATION AND PARTICULAR DIAGNOSTIC PROBLEMS. IN THE FISCAL YEAR ENDING MARCH 31, 2010, THERE WERE 44,407 PROCEDURES PERFORMED IN THE RADIOLOGY DEPARTMENT. 52345752 5459274 OTHER PROGRAM SERVICES INCLUDE NUMEROUS HEALTH-RELATED SERVICES TO PATIENTS AND NON-PATIENTS IN THE COMMUNITY. 52345752 5459274 70811903 1 1 0 1 0 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 94 0 1 962 1 1 1 0 0 0 0 0 0 0 0 10 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 IA X MADONNA FISHER 6416842315 1001 PENNSYLVANIA AVENUE OTTUMWA IA 52501 DR TED Haas 1.00 X X 0 0 0 TOM LAzio 1.00 X X 0 0 0 DR STEVE ELLISON 1.00 X X 0 0 0 DR MARC HINES 1.00 X 0 0 0 ELDON HUNSICKER 1.00 X 0 0 0 DOUG MATHIAS 1.00 X 0 0 0 DR DAVID WITTE 1.00 X 0 0 0 PAM WARD 1.00 X 0 0 0 CHERYLL A JONES PT NUR 5.00 X 1365 0 1046 TOM SIEMERS 40.00 X X 320728 0 29467 madonna fisher 40.00 X 123561 0 18959 beth davis 40.00 X 58800 0 18147 CAROL NORTHUP 40.00 X 107194 0 25471 DAN PORTER 40.00 X 225954 0 29086 SHERYL TILUS 40.00 X 128085 0 26505 EDWARD B ORTELL MD 40.00 X 794595 0 31708 GLENDA S ROEFER MD 40.00 X 367411 0 23419 MARK S O'BRIEN MD 40.00 X 409665 0 15526 LONNIE L LANFERMAN MD 40.00 X 349620 0 34117 RAMESH REDDY MD 40.00 X 348956 0 14646 3107849 0 241592 33 0 1 0 Collaborative Laboratory Services LLP 1005 PENNSYLVANIA AVE OTTUMWA IA 52501 Lab Services 3524116 KAUFMAN HALL & ASSOCIATES 5502 OLD ORCHARD ROAD SKOKIE IL 60077 CONSULTING SERVICES 609625 REHAB CARE GROUP INC PO BOX 502096 ST LOUIS MO 631502096 MANAGEMENT SERVICES - REHAB 592172 ADVANTAGE COMPANIES 1035 33RD AVE SW CEDAR RAPIDS IA 52404 SCANNING SERVICES 475488 FIRST ADMINISTRATORS PO BOX 9900 SIOUX CITY IA 51102 TPA SERVICES-HEALTH INSURANCE 439517 23 75029 218583 14924 308536 MEDICARE/MEDICAID PAYM 621990 44283731 44283731 NET PATIENT SERVICE RE 621990 36779335 36779335 81063066 816657 816657 271665 280594 271665 280594 552259 280594 271665 10842596 837 10840917 919578 1679 -918741 -917062 -918741 1679 SERVICES & SUPPLIES 621990 907730 907730 CAFETERIA & DIETARY 722210 457219 457219 MANAGEMENT OF AFFILIAT 561000 262000 262000 355048 274365 39169 41514 1981997 83805453 81869014 39169 1588734 180742 180742 1024041 1024041 31989159 29341213 2647946 705669 634912 70757 4593367 4203431 389936 2239640 1996315 243325 1026247 1026247 925537 925537 101915 18571 83344 20268 20268 10565377 7914596 2650781 121340 121340 11223966 10576755 647211 1894587 1830776 63811 343462 271917 71545 304330 245584 58746 1754416 1754416 4824566 4227855 596711 584458 584458 Bad debt expense 6482306 6482306 OTHER EXPENSES 482852 433197 49655 DUES AND SUBSCRIPTIONS 216390 88542 127848 LICENSES 26907 26317 590 81631542 70811903 10819639 0 6502478 7553751 16821002 7474423 9336887 8279772 899996 476364 1881758 1972243 347635 361975 77584938 49112100 32285868 28472838 7901630 26148952 287216 14357 18073322 18582926 94337792 99337601 8108554 8792899 35805000 35805000 2896505 1693552 4835217 3535283 51645276 49826734 X 37189120 43316521 2283930 2173689 3219466 4020657 42692516 49510867 94337792 99337601 X 0 1 1 X 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20992 20992 81631542 81652534 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 17164 20670 20142 20992 78968 250000 250000 250000 250000 1000000 1500000 4172386 93971 819934 81224 1490 5003577 3983318 323821 -47403 85450 1900 4172386 1.00000 1 1 1 406858 406858 27322235 14280544 13041691 224212 104953 119259 46205114 32483300 13721814 3426519 2243303 1183216 28472838 DUE FROM REGIONAL RETIREMENT LIVING 5502262 INVESTMENTS IN JOINT VENTURES 4601352 AUXILLIARY ASSETS 375964 INTEREST IN OTTUMWA REGIONAL HEALTH FOUNDATION 4119801 BOND ISSUANCE COSTS 1402247 GOODWILL AND COVENANT NOT TO COMPETE 1825805 RELATED PARTY RECEIVABLES 575366 DEFERRED COMPENSATION 180129 18582926 3RD PARTY SETTLEMENT PAYABLE 1426240 457B PLAN LIABILITY 180129 SWAP AGREEMENTS 1469969 Capitalized Lease Obligations 458945 3535283 83805453 81631542 2173911 4644440 4644440 6818351 Part V, Line 4: Description of Intended Use of Endowment Funds: ENDOWMENT FUNDS ARE HELD BY THE HOSPITAL AND THE FOUNDATION, A SUPPORTING ORGANIZATION OF THE HOSPITAL. THE ENDOWMENTS ARE HELD FOR CAPITAL IMPROVEMENTS, EQUIPMENT ACQUISITIONS, THE EXPENSES OF INDIGENT CARE, AUXILIARY OPERATIONS, PASTORAL OPERATIONS, CANCER CENTER IMPROVEMENTS, REGIONAL RETIREMENT LIVING OPERATIONS AND IMPROVEMENTS, AND TO SUSTAIN FOUNDATION OPERATIONS. Part X: Description of Uncertain Tax Positions Under FIN 48: The Organization and its affiliates are a not-for-profit corporation as described in Section 501(c)(3) of the Internal Revenue Code. The Organization has received a determination letter that it is exempt from federal income taxes on related income pursuant to Section 501(a) of the Internal Revenue Code, except for Regional Enterprises, Inc. which is a for-profit taxable entity. The Internal Revenue Service has established standards to be met to maintain tax-exempt status. In general, such standards require the Organization to meet a community benefit standard and comply with various laws and regulations. The Organization accounts for uncertainties in accounting for income tax assets and liabilities using the guidance included in FASB ASC Topic 740, Income Taxes. The Organization recognizes the effect of income tax positions only if those positions are more likely than not of being sustained. At March 31, 2010, the Organization had no uncertain tax positions accrued. Part XI, Line 8 - Other Adjustments: CHANGE IN VALUE OF SWAP AGREEMENTS: 1573235. CHANGE IN INTEREST IN FOUNDATION - TEMPORARILY RESTRICTED: -110241. Change in AUXILIARY ASSETS: 50920. CHANGE IN INTEREST IN FOUNDATION - PERMANENTLY RESTRICTED: 356232. CHANGE IN UNREALIZED GAIN - PERMANENTLY RESTRICTED: 402364. EQUITY INTEREST IN JOINT VENTURE: 852188. CHANGE IN UNREALIZED GAIN - UNRESTRICTED : 917824. NONCONTROLLING INTEREST IN SUBSIDIARY: 801918. NET ASSET TRANSFER TO REGIONAL ENTERPRISES: -200000. 1 1 1 X 1 X 1 1 1 0 1 1 597493 0 597493 0.00800 11779153 9990799 1788354 0.02380 0.00000 12376646 9990799 2385847 0.03180 12376646 9990799 2385847 0.03180 1 3007790 751950 21413532 22922829 -1509297 X 1 0 SOUTHEAST IOWA RADIATION ONCOLOGY LLC RADIATION THERAPY 0.50000 0.00000 0.50000 COLLABORATIVE LABORATORY SERVICES LLC LAB SERVICES 0.80000 0.00000 0.20000 OTTUMWA REGIONAL HEALTH CENTER INC

1001 PENNSYLVANIA AVENUE OTTUMWA IA 52501

X X X Part I, Line 3c: FEDERAL POVERTY GUIDELINES ARE USED TO DETERMINE ELIGIBILITY FOR PROVIDING FREE AND DISCOUNTED CARE TO LOW INCOME INDIVIDUALS. Part I, Line 6a: OTTUMWA REGIONAL HEALTH CENTER, INC.'S COMMUNITY BENEFIT REPORT IS NOT PREPARED BY A RELATED ORGANIZATION. Part III, Line 4: THE ORGANIZATION'S FINANCIAL STATEMENTS DO NOT CONTAIN A SPECIFIC FOOTNOTE DESCRIBING BAD DEBT. HOWEVER, THE FOLLOWING IS THE TEXT OF THE FOOTNOTE TITLED "PATIENT RECEIVABLES, NET":Net patient receivables consist of uncollateralized patient and third party obligations reduced by a valuation allowance for doubtful accounts and contractual adjustments from third party payors. The allowances reflect managements estimate of amounts that will not be collected in the future and are based on reviews of patient balances by aging category. Percentages are applied to each aging category based on contractual agreements and historical collection and recovery information to determine the net realizable value of the patient receivables.Payment for services is expected within thirty days of receipt of the billing on insurance accounts and within twenty days of billing on self-pay accounts. Accounts considered past due are sent to collection agencies when internal collection efforts have been unsuccessful. Any amounts deemed uncollectible are written off on a monthly basis. The Organization also maintains a charity care policy.THE OVERALL COST-TO-CHARGE RATIO WAS USED TO ESTIMATE BAD DEBT AT COST.PART III, SECTION A, LINE 2 WAS CALCULATED AS FOLLOWS:[(OPERATING EXPENSES - BAD DEBT) / (GROSS PATIENT SERVICE REVENUE + OTHER REVENUE)] X BAD DEBT.[(81,430,532 - 6,482,306) / 158,484,516 + 2,906,704] X 6,482,306 = 3,007,790.ALL INFORMATION IS FROM THE AUDITED FINANCIAL STATEMENTS. Part III, Line 8: THE SHORTFALL REPRESENTS ACTUAL UNREIMBURSED COSTS INCURRED BY OTTUMWA REGIONAL HEALTH CENTER, INC. IN PROVIDING SERVICES TO INDIVIDUALS ELIGIBLE FOR MEDICARE. THE COMMUNITY BENEFITS BECAUSE THE HOSPITAL APPLIES OTHER REVENUES TO COVER THE COSTS OF CARING FOR MEDICARE PATIENTS."MEDICARE ALLOWABLE COSTS OF CARE" WAS CALCULATED FROM INFORMATION IN THE MEDICARE COST REPORT, D, E, H AND M WORKSHEETS, OR PS&R. Part III, Line 9b: EACH ENCOUNTER IS REVIEWED AND PATIENTS WHO HAVE HAD FINANCIAL ASSISTANCE WITHIN THE PAST SIX MONTHS DO NOT HAVE TO REAPPLY. Part V: ALL FACILITY INFORMATION IS ADEQUATELY ADDRESSED IN PART V. Part VI, Line 2: A COMMUNITY NEEDS ASSESSMENT IS PERFORMED EVERY 2 YEARS. AN EXTERNAL CONSULTANT IS HIRED TO PERFORM THIS FUNCTION. THEY OBTAIN THE RESULTS THROUGH A SERIES OF INTERVIEWS AND FOCUS GROUPS WITH KEY INVIDUALS IN THE COMMUNITY. Part VI, Line 3: OTTUMWA REGIONAL HEALTH CENTER, INC. EMPLOYS A FINANCIAL ASSISTANCE COUNSELOR TO ASSIST PATIENTS WITH ELIGIBILITY FOR VARIOUS PROGRAMS, AND TO HELP DETERMINE IF A PATIENT IS ELIGIBLE UNDER THE CHARITY CARE POLICY.PATIENTS ARE MADE AWARE THROUGH A PATIENT ACCOUNT BROCHURE, USUALLY OBTAINED AT ADMISSION. Part VI, Line 4: WAPELLO COUNTY AND SEVEN SURROUNDING COUNTIES. Part VI, Line 5: N/A Part VI, Line 6: N/A Part VI, Line 7: THE AFFILIATED HEALTH CARE SYSTEM INCLUDES THESE ORGANIZATIONS:OTTUMWA REGIONAL HEALTH CENTER, INC. - OWNS AND OPERATE A HOSPITAL.OTTUMWA REGIONAL HEALTH CARE FOUNDATION, INC. - SUPPORTS THE HOSPITAL BY FUND RAISING.REGIONAL RETIREMENT LIVING, INC. - OPERATES A RESIDENTIAL FACILITY FOR THE ELDERLY.COLLABORATIVE LABORATORY SERVICES, LLC - OPERATES THE ONLY LABORATORY IN THE GEOGRAPHIC AREA. IA 1 OTTUMWA REGIONAL HEALTH FOUNDATION 1001 PENNSYLVANIA AVENUE OTTUMWA IA 52501 421271720 501(C)(3) 180742 0 TO SUPPORT FUNDRAISING OPERATIONS. 1 Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: GRANTS OR CONTRIBUTIONS ARE ONLY MADE TO OTHER 501(C)(3) ORGANIZATIONS. OTTUMWA REGIONAL HEALTH CENTER VERIFIES THE STATUS OF THE DONEE ORGANIZATION PRIOR TO MAKING A GIFT. THE FUNDS ARE RESTRICTED TO BEING USED TO SUPPORT THE DONEE ORGANIZATION'S TAX EXEMPT OPERATIONS. X X X X 0 0 0 0 0 0 0 0 0 TOM SIEMERS 320728 0 0 0 0 0 8575 0 20892 0 350195 0 0 0 DAN PORTER 225954 0 0 0 0 0 8026 0 21060 0 255040 0 0 0 EDWARD B ORTELL MD 794595 0 0 0 0 0 8575 0 23133 0 826303 0 0 0 GLENDA S ROEFER MD 367411 0 0 0 0 0 0 0 23419 0 390830 0 0 0 MARK S O'BRIEN MD 409665 0 0 0 0 0 0 0 15526 0 425191 0 0 0 LONNIE L LANFERMAN MD 349620 0 0 0 0 0 8575 0 25542 0 383737 0 0 0 RAMESH REDDY MD 348956 0 0 0 0 0 0 0 14646 0 363602 0 0 0 WAPELLO COUNTY VARIABLE RATE REVENUE BONDS SERIES 2004 426295832 933805AA1 2007-11-30 21400000 SEE SCH. K, SUPPLEMENTAL INFORMATION, ABOVE. 0 0 WAPELLO COUNTY VARIABLE RATE DEMAND REFUND REVENUE BONDS SERIES 2006 426295832 933805AB9 2006-12-07 17005000 REFUND 2001 BOND ISSUE 0 0 7040978 2453585 1295364 3292029 2006 1 0 1 1 16717160 1278147 14393463 1042787 2763 2007 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 GOLDMAN SACHS CAPITAL MARKETS LP 13.100000000000 0 1 1 0 1 1 GOLDMAN SACHS CAPITAL MARKETS LP 5.000000000000 0 0 0 Form 990, Part III, line 3 Changes in Program Services CLOSED THE ALLERGY CLINIC AND FAMILY MEDICAL CLINIC IN ELDON, IA. Form 990, Part VI, Section B, line 11 THE FORMs 990 AND 990T ALONG WITH THE RELATED SCHEDULES ARE REVIEWED AND APPROVED BY each member of the board of directors OF OTTUMWA REGIONAL LEGACY FOUNDATION, INC (ORLF) FORMERLY KNOWN AS OTTUMWA REGIONAL HEALTH CENTER, INC BEFORE THE FORMS ARE FILED. FURTHERMORE, THE FORMS 990 AND 990T ALONG WITH THE RELATED SCHEDULES ARE PRESENTED TO THE ORLF BOARD OF DIRECTORS AT THE NEXT REGULARLY SCHEDULED BOARD MEETING AFTER THE FORMS ARE FILED. Form 990, Part VI, Section B, line 12c EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF ANY COMMITTEE WITH BOARD-DESIGNATED POWERS SHALL SIGN AN ANNUAL STATEMENT THAT THE PERSON HAS (A) RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; (B) HAS READ AND UNDERSTANDS THE POLICY; (C) AGREES TO COMPLY WITH THE POLICY; (D) UNDERSTANDS THAT THE POLICY APPLIES TO COMMITTEES AND SUBCOMMITTEES; AND (E) UNDERSTANDS THAT THE CORPORATION IS A CHARITABLE ORGANIZATION THAT MUST ENGAGE PRIMARILY IN EXEMPT ACTIVITIES. THE CONFLICT OF INTEREST POLICY ALSO HAS PROVISIONS FOR DETERMINING WHETHER A CONFLICT EXISTS, ADDRESSING A CONFLICT OF INTEREST, AND ADDRESSING A PERCEIVED VIOLATION. Form 990, Part VI, Section B, line 15 THE HEALTH CENTER UTILIZES PEER GROUP INFORMATION FROM OUTSIDE ORGANIZATIONS SUCH AS HAY GROUP, INTEGRATED HEALTHCARE STRATEGIES AND THE IOWA HOSPITAL ASSOCIATION. DATA FOR ESTABLISHING BASE PAY LEVELS ARE BASED ON THE 50TH PERCENTILE. BASE SALARIES FOR THE CEO AND OTHER KEY EMPLOYEES OF THE ORGANIZATION ARE EVALUATED ANNUALLY. ANY ADJUSTMENTS ARE APPROVED THROUGH THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. Form 990, Part VI, Section C, line 19 OTTUMWA REGIONAL HEALTH CENTER, INC. MAKEs ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST PRESENTED AT ORHC'S OFFICES. FORM 990, PART XI, LINE 2C THE ROLES OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS INCLUDE SELECTING THE INDEPENDENT PUBLIC ACCOUNTANTS AND OVERSEEING THE AUDIT OF THE CONSOLIDATED FINANCIAL STATEMENTS. THIS PROCEDURE IS THE SAME AS IN THE FISCAL YEAR ENDED MARCH 31, 2009. Schedule K Supplental Information PART I, COLUMN (F), LINE A - INITIALLY ISSUED AUGUST 19, 2004 AND USED FOR CAPITAL IMPROVEMENTS, REFUNDING OF PRIOR ISSUES (11/4/1993 & 8/13/1998), AND REFINANCING TAXABLE DEBT. ON NOVEMBER 30, 2007, THE PERIODIC AUCTION RATE SECURITIES CONVERTED TO BEAR INTEREST IN THE WEEKLY RATE PERIOD AND AN IRS FORM 8038 WAS FILED. PART II, COLUMN (A), LINE 5 - ISSUANCE COSTS $382,300, CREDIT ENHANCEMENT FEE $913,064 PART II, COLUMN (B), LINE 5 - ISSUANCE COSTS $340,100, CREDIT ENHANCEMENT FEE $702,687 OTTUMWA REGIONAL HEALTH FOUNDATION 1001 PENNSYLVANIA AVENUE OTTUMWA IA 52501 421271720 FOUNDATION IA 501(c)(3) Line 11a, I N/A REGIONAL RETIREMENT LIVING INC 1001 PENNSYLVANIA AVENUE OTTUMWA IA 52501 421326693 RETIREMENT COMMUNITY IA 501(c)(3) Line 9 N/A REGIONAL ENTERPRISES INC 1001 PENNSYLVANIA AVE OTTUMWA IA 52501 421269387 CHEMICAL DEPENDENCY UNIT IA N/A C 1015608 258470 1.00000 1 1 1 0 0 0 0 0 0 1 1 1 1 1 0 1 1 0 OTTUMWA REGIONAL HEALTH FOUNDATION INC B 180742 OTTUMWA REGIONAL HEALTH FOUNDATION INC C 75029 REGIONAL RETIREMENT LIVING INC A 251226 REGIONAL ENTERPRISES INC K 222000 REGIONAL ENTERPRISES INC Q 200000