2024-08-12T11:36:40-04:00 2023-09-30 640394922 WATKINS WARD AND STAFFORD PLLC PO BOX 1345 STARKVILLE MS 39760 990 2022-10-01 593622763 CATHEDRAL GERONTOLOGY CENTER INC CATH 9048071203 4250 LAKESIDE DRIVE SUITE 300 JACKSONVILLE FL 32210 JOHN SEFTON CHAIRMAN/PRES 9048071203 2024-08-11 true true S KEITH WINFIELD CPA P00245943 6623239071 2024-08-12 2022 2024-08-08 14:25:15Z CATHEDRALCARE JOHN SEFTON 4250 LAKESIDE DRIVE SUITE 300 JACKSONVILLE FL 32210 3421286 false X CATHEDRALCAREJAX.COM X 2000 FL THE ORGANIZATION'S PURPOSE WAS TO PROVIDE LONG-TERM NURSING CARE THROUGH THE OPERATION OF A 120-BED SKILLED NURSING FACILITY WHICH IT LEASED FROM CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. ON DECEMBER 30, 2022, THE ORGANIZATION, IN ASSOCIATION WITH THE CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. FINALIZED ACCORDING TO THE TERMS OF BOTH AN ASSET PURCHASE AGREEMENT AND AN OPERATIONAL TRANSITION AGREEMENT FOR THE SALE OF THE NURSING HOME AND THE REAL ESTATE AT 333 ASHLEY, THE SITE OF THE CGC NURSING HOME OPERATION. AS THE RESULT OF THIS SALE, THE ORGANIZATION IS NO LONGER IN THE NURSING HOME OPERATIONS BUSINESS. THE BOARD HAS DECIDED THAT THE ORGANIZATION WILL ONLY MAINTAIN LIMITED FINANCIAL ACTIVITY UNTIL SUCH TIME AS A DETERMINATION IS MADE ON THE STATUS OF ITS APPLICATION WITH THE IRS FOR THE EMPLOYEE RETENTION CREDIT. OTHERWISE, THE ORGANIZATION IS NO LONGER CONSIDERED TO BE A GOING CONCERN IN THE SENSE OF PURSING ITS PREVIOUS LINE OF BUSINESS OPERATIONS AND WILL WIND DOWN ALL BUSINESS 9 9 178 0 35776 1000 7717741 1917570 1432 -830189 0 7754949 1088381 0 0 5898448 1417103 0 0 4418295 2045114 10316743 3462217 -2561794 -2373836 2158229 1162145 7825181 9202933 -5666952 -8040788 X THE ORGANIZATION'S PURPOSE WAS TO PROVIDE LONG-TERM NURSING CARE THROUGH THE OPERATION OF A 120-BED SKILLED NURSING FACILITY WHICH IT LEASED FROM CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. ON DECEMBER 30, 2022, THE ORGANIZATION, IN ASSOCIATION WITH THE CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. FINALIZED ACCORDING TO THE TERMS OF BOTH AN ASSET PURCHASE AGREEMENT AND AN OPERATIONAL TRANSITION AGREEMENT FOR THE SALE OF THE NURSING HOME AND THE REAL ESTATE AT 333 ASHLEY, THE SITE OF THE CGC NURSING HOME OPERATION. AS THE RESULT OF THIS SALE, THE ORGANIZATION IS NO LONGER IN THE NURSING HOME OPERATIONS BUSINESS. THE BOARD HAS DECIDED THAT THE ORGANIZATION WILL ONLY MAINTAIN LIMITED FINANCIAL ACTIVITY UNTIL SUCH TIME AS A DETERMINATION IS MADE ON THE STATUS OF ITS APPLICATION WITH THE IRS FOR THE EMPLOYEE RETENTION CREDIT. OTHERWISE, THE ORGANIZATION IS NO LONGER CONSIDERED TO BE A GOING CONCERN IN THE SENSE OF PURSING ITS PREVIOUS LINE OF BUSINESS OPERATIONS AND WILL WIND DOWN ALL BUSINESS false false 2505000 1917570 THE ORGANIZATION PROVIDED LONG-TERM NURSING CARE THROUGH THE OPERATION A 120-BED SKILLED NURSING FACILITY WHICH IT LEASED FROM CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. ON DECEMBER 30, 2022, THE ORGANIZATION, IN ASSOCIATION WITH THE CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. FINALIZED ACCORDING TO THE TERMS OF BOTH AN ASSET PURCHASE AGREEMENT AND AN OPERATIONAL TRANSITION AGREEMENT FOR THE SALE OF THE NURSING HOME AND THE REAL ESTATE AT 333 ASHLEY, THE SITE OF THE CGC NURSING HOME OPERATION. AS THE RESULT OF THIS SALE, THE ORGANIZATION IS NO LONGER IN THE NURSING HOME OPERATIONS BUSINESS. THE BOARD HAS DECIDED THAT THE ORGANIZATION WILL ONLY MAINTAIN LIMITED FINANCIAL ACTIVITY UNTIL SUCH TIME AS A DETERMINATION IS MADE ON THE STATUS OF ITS APPLICATION WITH THE IRS FOR THE EMPLOYEE RETENTION CREDIT. OTHERWISE, THE ORGANIZATION IS NO LONGER CONSIDERED TO BE A GOING CONCERN IN THE SENSE OF PURSING ITS PREVIOUS LINE OF BUSINESS OPERATIONS AND WILL WIND DOWN ALL BUSINESS ACTIVITY FOR PURPOSES OF DISSOLUTION AS SOON AS IT IS PRACTICAL TO DO SO, 2505000 true false false false false false false false true false false false false true true false true false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false true 6 0 178 true false false false false false false false false X 9 9 false false false false true true false true true false false false true true true true true true true false X LEE E WILSON LEE E WILSON 9048071203 4250 LAKESIDE DR STE 300 4250 LAKESIDE DRIVE SUITE 300 JACKSONVILLE FL 32210 SHARON G BROWN VP/ADMINISTR 40.00 X 137430 0 4769 MARIA ANINON DIRECTOR OF 40.00 X 112937 0 18 DARCEL STUART BUSINESS MAN 40.00 X 108106 0 3015 REUBEN BRIGETY DIRECTOR X 0 0 0 EDITH HILL DIRECTOR X 0 0 0 JAMES JAMISON DIRECTOR X 0 0 0 GILBERT WRIGHT JR SECRETARY/DI X X 0 0 0 ALLISON KEITER DIRECTOR X 0 0 0 LOUIS LARMOYEUX DIRECTOR X 0 0 0 PETER MCGRAW DIRECTOR X 0 0 0 TVRD KATHERINE BINGHAM MOOREHEAD EX-OFFICIO X 0 0 0 LINDA PEK DIRECTOR X 0 0 0 JOHN SEFTON CHAIRMAN/PRE X X 0 0 0 358473 7802 3 false false false 1000 1000 NET PATIENT REVENUE 1917570 1917570 1917570 2716 2716 1500000 2332905 -832905 -832905 -832905 1088381 1084665 2716 142198 14220 127978 1061365 972488 88877 351 351 120715 99397 21318 92474 77378 15096 121984 121984 5923 5923 50387 50387 61410 19963 41447 93 93 50389 3403 46986 14780 7390 7390 771489 355647 415842 880 880 7863 1354 6509 22500 22500 58595 58595 326761 326761 PATIENT SUPPLIES/SERVICES 213116 213116 DIETARY MEDICARE ETC 166409 166409 QUALITY ASSESSMENT EXPENS 158802 158802 OTHER 13733 7484 6249 3462217 2505000 957217 0 17038 20026 880123 58593 142119 1202475 1000000 2158229 1162145 3801681 368067 333333 4023500 4023500 4478033 7825181 9202933 X -5666952 -8040788 -5666952 -8040788 2158229 1162145 -2373836 X true X false true true X 756053 1142841 35776 1000 1935670 10830907 10205317 9112156 7717741 1917570 39783691 10830907 10961370 10254997 7753517 1918570 41719361 41719361 52 1432 2716 4200 52 1432 2716 4200 -101 -35 -136 10830907 10961321 10254962 7754949 1921286 41723425 0.99990 0.99980 0.00000 0.00000 X PART III, LINE 12 OTHER INCOME -136 true 59854 215000 274854 false CASH-RESTRICTED IN ESCROW 1000000 1000000 DUE TO AFFILIATE 3811366 666667 4478033 1088381 1088381 1088381 3462217 3462217 3462217 SCHEDULE D, PAGE 2, PART IV, LINE 1B THE ORGANIZATION SERVES AS CUSTODIAN FOR NURSING HOME RESIDENT-OWNED FUNDS RECEIVED FROM SOCIAL SECURITY, SSI AND OTHER SOURCES. THIS SERVICE IS FOR CERTAIN RESIDENTS WHO ARE NOT ABLE TO MANAGE THEIR OWN FUNDS AS DETERMINED BY A DOCTOR. THE ORGANIZATION PAYS THE BILLS AND EXPENSES OF THESE RESIDENTS FROM THESE FUNDS. THESE FUNDS REMAIN THE SOLE PROPERTY OF EACH RESPECITVE RESIDENT, TO BE DISBURSED ONLY AS AUTHORIZED OR REQUESTED AND ACCORDINGLY, THESE FUNDS ARE EXCLUDED FROM THE ACCOMPANYING FINANCIAL STATEMENTS. AS PART OF THE SALE OF THE NURSING HOME ON DECEMBER 30, 2022, ALL OF THESE FUNDS WERE TRANSFERRED TO THE BUYER TO HOLD ON BEHALF OF THE PATIENTS. CATHERDAL FOUNDATION OF JACKSONVIL CATHEDRAL FOUNDATION OF JACKSONVIL SEE PART V 533404 RENT & ACCOUNTING false SCHEDULE L, PART V THE VERY REVEREND KATHERINE MOOREHEAD, AN EX OFFICIO NON-VOTING MEMBER OF THE BOARD OF DIRECTORS OF THE ORGANIZATION, CURRENTLY SERVES AS A MEMBER OF THE BOARD OF DIRECTORS OF CATHEDRAL FOUNDATION OF JACKSONVILLE, INC.("CFI") A 501(C)(3) NOT-FOR-PROFIT CORPORATION THAT RENDERS SERVICES TO THE ORGANIZATION. SHE RECEIVES NO COMPENSATION FROM CFI OR FROM THE ORGANIZATION. THE SERVICES RENDERED BY CFI TO THE ORGANIZATION FOR THE YEAR ENDED SEPTEMBER 30, 2022 WERE AS FOLLOWS: ADMINISTRATIVE AND ACCOUNTING SERVICES - CFI PROVIDES ADMINISTRATIVE AND ACCOUNTING SERVICES TO CGC UNDER A CONTRACT AGREEMENT - 121,984. FOOD SERVICES - CFI PROVIDES MEAL SERVICES TO CGC RESIDENTS UNDER A CONTRACT AGREEMENT - 324,420. RENT FOR THE NURSING HOME BUILDING - CGC PAYS RENT TO CFI (CFI OWNS THE NURSING HOME BUILDING) - 64,500. INTEREST ON DEBT - CGC PAYS INTEREST TO CFI ON A 4 MILLION NOTE PAYABLE IT OWES TO CFI - 22,500. TOTAL TRANSACTIONS - 533,404. FORM 990 - ORGANIZATION'S MISSION THE ORGANIZATION'S PURPOSE WAS TO PROVIDE LONG-TERM NURSING CARE THROUGH THE OPERATION OF A 120-BED SKILLED NURSING FACILITY WHICH IT LEASED FROM CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. ON DECEMBER 30, 2022, THE ORGANIZATION, IN ASSOCIATION WITH THE CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. FINALIZED ACCORDING TO THE TERMS OF BOTH AN ASSET PURCHASE AGREEMENT AND AN OPERATIONAL TRANSITION AGREEMENT FOR THE SALE OF THE NURSING HOME AND THE REAL ESTATE AT 333 ASHLEY, THE SITE OF THE CGC NURSING HOME OPERATION. AS THE RESULT OF THIS SALE, THE ORGANIZATION IS NO LONGER IN THE NURSING HOME OPERATIONS BUSINESS. THE BOARD HAS DECIDED THAT THE ORGANIZATION WILL ONLY MAINTAIN LIMITED FINANCIAL ACTIVITY UNTIL SUCH TIME AS A DETERMINATION IS MADE ON THE STATUS OF ITS APPLICATION WITH THE IRS FOR THE EMPLOYEE RETENTION CREDIT. OTHERWISE, THE ORGANIZATION IS NO LONGER CONSIDERED TO BE A GOING CONCERN IN THE SENSE OF PURSING ITS PREVIOUS LINE OF BUSINESS OPERATIONS AND WILL WIND DOWN ALL BUSINESS ACTIVITY FOR PURPOSES OF DISSOLUTION AS SOON AS IT IS PRACTICAL TO DO SO, FORM 990, PAGE 2, PART III, LINE 4A THE ORGANIZATION PROVIDED LONG-TERM NURSING CARE THROUGH THE OPERATION A 120-BED SKILLED NURSING FACILITY WHICH IT LEASED FROM CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. ON DECEMBER 30, 2022, THE ORGANIZATION, IN ASSOCIATION WITH THE CATHEDRAL FOUNDATION OF JACKSONVILLE, INC. FINALIZED ACCORDING TO THE TERMS OF BOTH AN ASSET PURCHASE AGREEMENT AND AN OPERATIONAL TRANSITION AGREEMENT FOR THE SALE OF THE NURSING HOME AND THE REAL ESTATE AT 333 ASHLEY, THE SITE OF THE CGC NURSING HOME OPERATION. AS THE RESULT OF THIS SALE, THE ORGANIZATION IS NO LONGER IN THE NURSING HOME OPERATIONS BUSINESS. THE BOARD HAS DECIDED THAT THE ORGANIZATION WILL ONLY MAINTAIN LIMITED FINANCIAL ACTIVITY UNTIL SUCH TIME AS A DETERMINATION IS MADE ON THE STATUS OF ITS APPLICATION WITH THE IRS FOR THE EMPLOYEE RETENTION CREDIT. OTHERWISE, THE ORGANIZATION IS NO LONGER CONSIDERED TO BE A GOING CONCERN IN THE SENSE OF PURSING ITS PREVIOUS LINE OF BUSINESS OPERATIONS AND WILL WIND DOWN ALL BUSINESS ACTIVITY FOR PURPOSES OF DISSOLUTION AS SOON AS IT IS PRACTICAL TO DO SO, FORM 990, PART VI LINE 2-OFFICER, DIRECTOR, TRUSTEE RELATION (FAMILY OR BUSINESS) BOARD MEMBER JOHN SEFTON BECAME A NON-EQUITY SHAREHOLDER IN THE LAW FIRM OF ROGERS TOWERS, PA ON JULY 1, 2018. ERIC HOLSHOUSER, WHO HAS PROVIDED LEGAL SERVICES TO THE ORGANIZATION IN THE AREA OF LABOR AND EMPLOYMENT SINCE 2000, BECAME A NON-EQUITY SHAREHOLDER IN ROGERS TOWERS, PA IN JULY, 2019. NONE OF THE AMOUNTS CHARGED BY MR. HOLSHOUSER OR SUCH LAW FIRM TO THE ORGANIZATION HAVE ANY BEARING OR EFFECT ON THE COMPENSATION OR RENUMERATION OF JOHN SEFTON. NO CHARGES FOR THE WORK OF JOHN SEFTON ARE BILLED TO THE ORGANIZATION. FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERS OF THE CORPORATION ARE THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7A NEW BOARD MEMBERS ARE ELECTED BY THE EXISTING BOARD MEMBERS. FORM 990, PAGE 6, PART VI, LINE 11B THE FINAL VERSION OF THE FORM 990 IS EMAILED TO, AND REVIEWED BY, THE ORGANIZATION'S PRESIDENT AND ALL MEMBERS OF THE BOARD OF DIRECTORS BEFORE IT IS FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION HAS A FORMAL CONFLICT OF INTEREST POLICY AND CONFLICT DISCLOSURE PROCEDURE. EACH BOARD MEMBER AND OFFICER MUST COMPLETE AN ANNUAL AFFIRMATION OF COMPLIANCE AND DISCLOSURE STATEMENT, AND AGREES TO REPORT ANY FUTURE POTENTIAL CONFLICTS OF INTEREST TO THE CHAIRMAN OF THE BOARD. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE BOARD MEMBER OR OFFICER MUST DISCLOSE ALL MATERIAL FACTS TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND CONSIDERATION. WHEN A MOTION OR ISSUE IS RAISED IN A BOARD MEETING WHICH CONTAINS POSSIBLE CONFLICTS, THE SPECIFIC BOARD MEMBER MUST ABSTAIN FROM ALL DELIBERATIONS AND VOTING ON THE ISSUE OR TRANSACTION. ALL ACTUAL OR POSSIBLE CONFLICTS OF INTEREST BY OTHER MANAGERS OR EMPLOYEES OTHER THAN BOARD MEMBERS OR OFFICERS MUST BE DISCLOSED TO THE VICE PRESIDENT - ADMINISTRATOR, WHO WOULD REPORT ANY SIGNIFICANT ISSUES TO THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS AND DETERMINES THE COMPENSATION AND BENEFITS FOR THE ONE PAID OFFICER OF THE ORGANIZATION, THE VICE PRESIDENT - ADMINISTRATOR. THE BOARD OF DIRECTORS CONSIDERS COMPARABLE INFORMATION FROM THE MOST RECENT GUIDESTAR COMPENSATION SURVEY OF NON-PROFIT COMPANIES AND INFORMATION FROM OTHER NURSING HOMES IN THE AREA AS DISCLOSED IN THEIR FORMS 990. THE BOARD OF DIRECTORS APPROVES ALL CHANGES IN COMPENSATION AND BENEFITS FOR THIS OFFICER. THE YEAR 2022 WAS THE LAST YEAR THIS REVIEW AND APPROVAL PROCESS WAS COMPLETED. FORM 990, PAGE 6, PART VI, LINE 15B THE ORGANIZATION'S BOARD OF DIRECTORS REVIEWS AND DETERMINES THE COMPENSATION AND BENEFITS FOR THE TWO KEY EMPLOYEES, THE BUSINESS MANAGER AND THE DIRECTOR OF NURSING FOR THE ORGANIZATION. THE BOARD OF DIRECTORS CONSIDERS COMPARABLE INFORMATION FROM THE MOST RECENT GUIDESTAR COMPENSATION SURVEY OF NON-PROFIT COMPANIES AND INFORMATION FROM OTHER NURSING HOMES IN THE AREA AS DISCLOSED IN THEIR FORMS 990. THE BOARD OF DIRECTORS APPROVES ALL CHANGES IN COMPENSATION AND BENEFITS FOR THIS OFFICER. THE YEAR 2022 WAS THE LAST YEAR THIS REVIEW AND APPROVAL PROCESS WAS COMPLETED. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATION PROVIDES GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STAT EMENTS TO THE PUBLIC UPON REQUEST.