2025-09-30T14:00:37-05:00 2024-12-31 621046406 JOHNSON HICKEY & MURCHISON PC 1040 WILLIAM WAY NW CLEVELAND TN 37312 990 2024-01-01 621820576 OCOEE FOUNDATION INC OCOE 4236143490 3555 KEITH ST NW SUITE 101 CLEVELAND TN 37312 JOHN SHEEHAN JR PRESIDENT 4236143490 2025-09-18 1 0 KELVIN BISHOP P00236425 4234726543 2024 2025-03-06 01:10:19Z JOHN SHEEHAN JR 3555 KEITH ST NW SUITE 101 CLEVELAND TN 37312 90054786 0 X WWW.OCOEEFOUNDATION.ORG X 2000 TN TO ESTABLISH, DEVELOP, OWN, MAINTAIN AND OPERATE HOSPITALS, NURSING HOMES, ADULT DAY CARE FACILITIES, RESIDENTIAL ASSISTED LIVING FACILITIES, RELATED HEALTH CARE FACILITIES, AND OTHER RESIDENTIAL FACILITIES DESIGNED TO MEET THE HOUSING, HEALTH, PERSONAL NEEDS AND FINANCIAL SECURITY NEEDS OF ELDERLY, DISABLED, POOR, AND OTHER SPECIAL POPULATIONS (THE FACILITIES). THROUGH THESE FACILITIES, THE ORGANIZATION MAY ALSO PROVIDE HEALTH CARE SERVICES. ALL FACILITIES ARE OWNED AND OPERATED ON A NON-PROFIT BASIS. AS FUNDS ALLOW, AND UPON THE APPROVAL OF THE BOARD OF DIRECTORS, THE ORGANIZATION WILL MAKE CONTRIBUTIONS TO OTHER ORGANIZATIONS EXEMPT FROM INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 8 3 1698 220 0 0 768588 3520 76607180 89487112 9443 -8088 399858 473962 77785069 89956506 14000 45700 0 0 38697070 46948254 0 0 0 34245477 39823417 72956547 86817371 4828522 3139135 63076775 90983951 22880133 47307766 40196642 43676185 X TO ESTABLISH, DEVELOP, OWN, MAINTAIN AND OPERATE HOSPITALS, NURSING HOMES, ADULT DAY CARE FACILITIES, RESIDENTIAL ASSISTED LIVING FACILITIES, RELATED HEALTH CARE FACILITIES, AND OTHER RESIDENTIAL FACILITIES DESIGNED TO MEET THE HOUSING, HEALTH, PERSONAL NEEDS AND FINANCIAL SECURITY NEEDS OF ELDERLY, DISABLED, POOR, AND OTHER SPECIAL POPULATIONS (THE FACILITIES). THROUGH THESE FACILITIES, THE ORGANIZATION MAY ALSO PROVIDE HEALTH CARE SERVICES. ALL FACILITIES ARE OWNED AND OPERATED ON A NON-PROFIT BASIS. AS FUNDS ALLOW, AND UPON THE APPROVAL OF THE BOARD OF DIRECTORS, THE ORGANIZATION WILL MAKE CONTRIBUTIONS TO OTHER ORGANIZATIONS EXEMPT FROM INCOME TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. 0 0 80908631 45700 89476582 ESTABLISH, DEVELOP, AND OPERATE NURSING HOMES, RESIDENTIAL ASSISTED LIVING FACILITIES, RELATED HEALTH CARE FACILITIES, AND OTHER RESIDENTIAL FACILITIES TO MEET NEEDS OF THE ELDERLY, DISABLED, POOR, AND OTHER SPECIAL POPULATIONS. 80908631 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 1 274 0 1 1698 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 3 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X MARGARET P SHEEHAN 4236144191 3555 KEITH ST NW SUITE 101 CLEVELAND TN 37312 DOROTHY PHILLIPS DIRECTOR 1.00 X 21918 0 0 KATHLEEN KUPCHYNSKY DIRECTOR 1.00 X 25008 0 0 WILIAM S BURTON DIRECTOR 3.00 X 30000 0 0 ALAN SMITH DIRECTOR 2.00 X 26370 0 0 DONALD BRADLEY DIRECTOR 2.00 X 29005 0 0 JOHN SHEEHAN JR PRESIDENT 40.00 X 261385 0 9166 MARGARET P SHEEHAN TREASURER 35.00 X 63648 0 8300 JOHN J SHEEHAN III VICE PRESIDENT & SECRETARY 35.00 X 121016 0 6867 LISA VETETO ADMINISTATOR 1.00 40.00 X 170958 0 0 TRUDY ERICKSON ADMINISTATOR 1.00 40.00 X 160293 0 0 JOSH CANNON ADMINISTATOR 1.00 40.00 X 150498 0 0 DAVID MAXWELL ADMINISTATOR 1.00 40.00 X 148992 0 0 BRENT FAIR ADMINISTATOR 1.00 40.00 X 148510 0 0 1357601 0 24333 7 0 1 0 TWIN RIVERS HEALTH & REHABILITATION 3915 ADKISSON DRIVE NW CLEVELAND TN 37312 FACILITY MGMT 4223447 GENTECH CONSTRUCTION 820 BROAD STREET SUITE 400 CHATTANOOGA TN 37402 CONSTRUCTION 1923008 SHIFTKEY LLC 5221 N OCONNOR BLVD SUITE 1400 IRVING TX 75039 NURSING 1103889 GUARDIAN PHARMACY OF KNOXVILLE LLC 1776 PEACHTREE ROAD NW SUITE 500 S ATLANTA GA 30309 PHARMACY 851876 GUARDIAN PHARMACY OF TN ONE LLC 661 E LANE STREET SHELBYVILLE TN 37160 PHARMACY 661201 9 3520 3520 MEDICARE/MEDICAID INCOME 623000 56589320 56589320 NURSING FACILITY INCOME 623000 27971444 27971444 ASSISTED LIVING INCOME 623000 4926348 4926348 89487112 2442 2442 87750 98280 -10530 -10530 -10530 MISCELLANEOUS 623000 392616 392616 VENDING/FOOD 623000 81346 81346 473962 89956506 89476582 0 476404 X 45700 45700 578350 578350 39936350 39936350 3362848 3292751 70097 3070706 3036583 34123 4381348 4381348 309136 293494 15642 481159 456812 24347 13553693 12867973 685720 25185 21407 3778 2382747 2344467 38280 203945 173353 30592 107914 91727 16187 1964439 31202 1933237 2762731 454481 2308250 1129886 1127119 2767 MEDICAL SUPPLIES AND DR 7349014 7349014 BED LICENSES 4102840 4102840 MISCELLANEOUS 694381 579639 114742 DUES AND SUBSCRIPTIONS 152950 130008 22942 222049 192363 29686 86817371 80908631 5908740 0 4563624 5041424 103001 179946 6581714 9421289 226329 662887 97249122 26811484 47583393 70437638 3419870 4541669 598844 699098 63076775 90983951 3890196 6740759 18098320 34262205 891617 6304802 22880133 47307766 X 40196642 43676185 40196642 43676185 63076775 90983951 3139135 340408 0 X 0 1 X 1 0 X 8665257 3693774 5483180 768588 3520 18614319 48353783 53950422 62142737 76607180 89487114 330541236 57019040 57644196 67625917 77375768 89490634 349155555 0 0 0 349155555 759 308 383783 15704 2442 402996 759 308 383783 15704 2442 402996 57019799 57644504 68009700 77391472 89493076 349558551 0.99880 0.99870 0.00120 0.00130 X 2428469 2428469 79795374 18208648 61586726 2885635 2068266 817369 10057860 5840374 4217486 2081784 694196 1387588 70437638 PATIENT TRUST ACCOUNTS 238779 REFUNDABLE DEPOSITS 16500 COST SETTLEMENT/CREDITS 953149 INTEREST RATE SWAP AGREEMENTS 190227 LINE OF CREDIT 4906147 6304802 1 BROAD STREET UNITY CENTER 685 BENTON PIKE CLEVELAND TN 37311 620628879 501(C)(3) 15000 0 DONATION DESTIN CHARITY WINE AUCTION FOUNDATION INC 600 GRAND BOULEVARD STE 206 MIRAMAR BEACH FL 32550 204475403 501(C)(3) 20000 0 DONATIONDONATION UNIVERSITY OF TENNESSEE FOUNDATION INC 1525 UNIVERSITY AVENUE KNOXVILLE TN 37921 621844686 501(C)(3) 5700 0 DONATION X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 JOHN SHEEHAN JR PRESIDENT 261385 0 0 0 0 0 0 0 9166 0 270551 0 0 0 LISA VETETO ADMINISTATOR 170958 0 0 0 0 0 0 0 0 0 170958 0 0 0 TRUDY ERICKSON ADMINISTATOR 160293 0 0 0 0 0 0 0 0 0 160293 0 0 0 JOSH CANNON ADMINISTATOR 150498 0 0 0 0 0 0 0 0 0 150498 0 0 0 TWIN RIVERS HEALTH & REHABILITATION LLC OWNED BY PRESIDENT OF OCOEE FOUNDATION 4223447 FACILITY MGT 0 JOHN SHEEHAN JR PRESIDENT OF OCOEE FOUNDATION 30000 LEASE OF OFFICE SPACE 0 SCHEDULE L, PART V - ADDITIONAL INFORMATION TWIN RIVERS HEALTH & REHABILITATION, LLC IS 75% OWNED BY PRESIDENT OF OCOEE FOUNDATION, INC. THE BOARD REVIEWS FEES CHARGED AND COMPARES TO INDUSTRY DATA TO DETERMINE FEES REMAIN COMPARABLE TO INDUSTRY STANDARDS. FORM 990, PART VI, SECTION A, LINE 2 JOHN J. SHEEHAN III JOHN & MARGARET SHEEHAN VP/SEC PRES/TREAS SON/PARENTS JOHN J. SHEEHAN III DOROTHY PHILLIPS VP/SEC DIRECTOR GRANDCHILD/GRANDPARENT JOHN J. SHEEHAN JR MARGARET P. SHEEHAN PRESIDENT TREASURER MARRIED KATHLEEN KUPCHYNSKY JOHN & MARGARET SHEEHAN DIRECTOR PRES/TREAS DAUGHTER/PARENTS KATHLEEN KUPCHYNSKY DOROTHY PHILLIPS DIRECTOR DIRECTOR GRANDCHILD/GRANDPARENT DOROTHY PHILLIPS MARGARET P. SHEEHAN DIRECTOR TREASURER PARENT/DAUGHTER FORM 990, PART VI, SECTION A, LINE 3 OCOEE FOUNDATION - CC, LLC; OCOEE HERMITAGE HEALTH CENTER, LLC; OCOEE HILLVIEW HEALTH CENTER, LLC; ELK RIVER HEALTH & REHABILITATION OF ARDMORE, LLC; ELK RIVER HEALTH & REHABILITATION OF FAYETTEVILLE, LLC; ELK RIVER HEALTH & REHABILITATION OF WINCHESTER, LLC; OCOEE COLBY HEALTH CARE CENTER, LLC; OCOEE WPH HEALTH & REHABILITATION, LLC; OCOEE COPPER BASIN HEALTH & REHABILITATION CENTER, LLC; OCOEE TRANSITIONAL CARE CENTER, LLC; AND OCOEE SEVIERVILLE HEALTH & REHABILITATION CENTER, LLC ARE ALL MANAGED BY TWIN RIVERS HEALTH & REHABILITATION, LLC. EACH OF THESE COMPANIES OPERATES A NURSING CARE FACILITY. OCOEE SYCAMORE RETIREMENT CENTER, LLC AND OCOEE MORNING VIEW VILLAGE, LLC ARE ASSISTED LIVING FACILITIES MANAGED BY TWIN RIVERS HEALTH & REHABILITATION,LLC. FORM 990, PART VI, SECTION B, LINE 11B SELECT BOARD MEMBERS REVIEW FORM 990 BEFORE IT IS FILED WITH THE IRS. A COPY OF FORM 990 IS AVAILABLE FOR ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C PERIODIC REVIEWS OF CONFLICT OF INTEREST TRANSACTIONS ARE REQUIRED PER THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION ANALYSIS FOR TOP OFFICIAL WAS PERFORMED FOR ORGANIZATION BY INDEPENDENT PROFESSIONAL SPECIALIZING IN NURSING HOME INDUSTRY AND MEDICARE REIMBURSEMENT. EMPLOYEES OF FACILITIES ARE COMPENSATED BASED ON SALARY RECOMMENDATIONS BY MANAGEMENT COMPANY EXPERIENCED IN NURSING FACILITY MANAGEMENT. DIRECTORS ARE COMPENSATED BASED ON COMPARABLE NURSING HOME INDUSTRY SALARIES. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER EXPENSES: PROGRAM SERVICE EXPENSES 12,867,973. MANAGEMENT AND GENERAL EXPENSES 685,720. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 13,553,693. OCOEE WOODBURY PROPERTY LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 621820576 FACILITY TN 3684261 N/A OCOEE FOUNDATION-CC LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 262028375 OPERATIONS TN 10309998 1870947 N/A OCOEE HERMITAGE PROPERTY LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 262874700 FACILITY TN 4217302 N/A OCOEE HERMITAGE HEALTH CENTER LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 262886067 OPERATIONS TN 7081671 1526056 N/A OCOEE HILLVIEW PROPERTY LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 262874818 FACILITY TN 2993030 N/A OCOEE HILLVIEW HEALTH CENTER LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 262886135 OPERATIONS TN 10925641 2031374 N/A OCOEE SYCAMORE PROPERTY LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 464612821 FACILITY TN 4564198 N/A OCOEE SYCAMORE RETIREMENT CENTER 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 464633579 OPERATIONS TN 2614846 324038 N/A OCOEE SEVIERVILLE PROPERTY LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 473885803 FACILITY TN 7615481 N/A OCOEE SEVIERVILLE HEALTH AND REHABILITATION CENTER LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 473876021 OPERATIONS TN 9840036 2091764 OCOEE ARDMORE PROPERTY INVESTMENT LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 833643030 FACILITY TN 8138552 ELK RIVER HEALTH & REHABILITATION OF ARDMORE LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 833725302 OPERATIONS TN 7181671 1432583 OCOEE FAYETTEVILLE PROPERTY INVESTMENT LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 833662255 FACILITY TN 3485238 ELK RIVER HEALTH & REHABILITATION OF FAYETTEVILLE LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 833702786 OPERATIONS TN 6715209 1511072 OCOEE WINCHESTER PROPERTY INVESTMENT LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 833679013 FACILITY TN 3471368 ELK RIVER HEALTH & REHABILITATION OF WINCHESTER LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 833747426 OPERATIONS TN 7225784 1578837 OCOEE WISCONSIN LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 872102686 COLBY LLC TN OCOEE COLBY HEALTHCARE CENTER LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 680558136 OPERATIONS WI 7309771 1358401 OCOEE COLBY PROPERTY INVESTMENT LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 810622276 FACILITY WI 3945895 OFWPIP LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 883579444 PROPERTY TN OCOEE WPH HEALTH AND REHABILITATION CENTER LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 620630855 OPERATIONS TN 9330981 1772626 OCOEE WPH PROPERTY INVESTMENT LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 921176553 FACILITY TN 5624536 OCOEE COPPER BASIN HEALTH & REHABILITATION CENTER LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 680558136 OPERATIONS TN 4348702 827978 OCOEE TRANSITIONAL CARE CENTER LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 991232108 FACILITY TN 2026203 OCOEE MORNINGVIEW VILLAGE LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 991249363 FACILITY TN 2165674 331722 OCOEE TCC-MVV PROPERTY COMPANY LLC 3555 KEITH STREET SUITE 101 CLEVELAND TN 37312 991193709 FACILITY TN 4917054 22685380