LAUREL LAKE RETIREMENT COMMUNITY FOUNDATION
200 Laurel Lake Drive, HUDSON, OH 44236 www.laurellake.org

Total Revenue
$197,199
Total Expenses
$557,890
Net Assets
$3,628,202

Organizations Filed Purposes: ESTABLISHED IN 1994, THE LAUREL LAKE FOUNDATION IS THE CHARITABLE ARM OF LAUREL LAKE RETIREMENT COMMUNITY. ITS PURPOSE IS TO GENERATE AND MANAGE RESOURCES THAT VIGOROUSLY SUPPORT AND ENRICH THE QUALITY OF LIFE FOR LAUREL LAKE RESIDENTS NOW AND IN THE FUTURE. THE FOUNDATION IS DEDICATED TO HELPING SATISFY THE SOCIAL, INTELLECTUAL, PHYSICAL AND EMOTIONAL NEEDS OF RESIDENTS THROUGHOUT EVERY LEVEL OF LIFE WHILE INSPIRING OUR COMMUNITY OF FAMILIES, FRIENDS AND STAFF. THE FOUNDATION FUNDS A WIDE VARIETY OF PROJECTS AND PROGRAMS WHICH HELP CARE FOR RESIDENTS THROUGHOUT LIFES TRANSITIONS AND ENHANCE THE ACTIVE, STIMULATING AND REWARDING LIFESTYLE THAT LAUREL LAKE RESIDENTS ENJOY.

TO ENCOURAGE, ADMINISTER & COORDINATE CHARITABLE GIVING TO FOSTER CAMPUS-WIDE ENRICHMENT PROJECTS, PROGRAMS & SERVICES FOR THE BENEFIT OF THE RESIDENTS OF LAUREL LAKE Retirement

The Laurel Lake Foundation provided resources to help satisfy the needs of Life Care contracted residents at Laurel Lake Retirement Community. Life Care contracted residents enjoy the security of lifetime care, even when causes beyond their control make it no longer possible to fully pay their Laurel Lake monthly service fee. Each year since inception over two decades ago, between two and six residents have found peace of mind in receiving subsidies due to unanticipated financial circumstances such as outliving their resources.

Committed to providing resources that help satisfy the physical plant and campus needs of Laurel Lake Retirement Community, the focus was given to highly visible, heavily utilized public areas due for replacement of worn furniture and dated dcor, but not included in the ongoing Town Center Renovation project. These were areas that had been carefully maintained but not redecorated or remodeled in over a decade. The Laurel Lake Foundation helped to refurbish these key areas used frequently by residents, family members and guests of Laurel Lake. This upgrade significantly improved the appearance, comfort, and functionality of the Wellness Center, Greenwood Suites and Greenwood Commons Assisted Living, Pats Patio Outdoor Dining Area, Guest Suites used by families and other visitors, the Front Entrance Breezeway and the Laurel Lake Library.

The enriching effects of the Foundation touch on all facets of life at Laurel Lake, from life-changing programs to the most practical projects like facility-wide equipment needs. Careful capital planning provides for most equipment at Laurel Lake. However, when the Foundation can step in and help with a capital need, some projects that may not have been possible to tackle until later can be brought to fruition sooner. The need to replace a campus utility vehicle is one of those instances. Equipped with a fully enclosed cab, a new Cushman Truckster serves the community year-round. The compact truck is used for many winter projects, especially replenishing salt barrels stationed at entryways throughout campus. The wide tires ensure that it can drive right up to the back yards of villas and apartments. And an extra-large dump bed hauls one ton of soil and mulch or other supplies through the warmer months right to a worksite without the need for a wheelbarrow. Proper maintenance of our campus for the enjoyment, safety, and well-being of hundreds of people is essential. The Cushman Truckster and its mighty hauling capability enable the groundskeeper and other operators to provide Laurel Lake with reliable campus-wide upkeep.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
William FitzgeraldCHAIR1$0
Blake RawsonVICE CHAIR1$0
Ann KirkTREASURER0.5$0
Amy MccarthyTRUSTEE0.5$0
Elizabeth MurphySECRETARY0.5$0
Sr Maryann Golonka HTRUSTEE0.5$0
David OsterPRESIDENT0.5$0

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