2024-05-13T12:33:16-05:00 2023-06-30 366055558 GRANT THORNTON LLP 5955 TG LEE BLVD SUITE 200 ORLANDO FL 32801 990 2022-12-31 923387708 MOFFITT REAL ESTATE HOLDING CORPORATION MOFF 8137454673 12902 MAGNOLIA DRIVE TAMPA FL 33612 YVETTE TREMONTI CFO 8137457862 2024-05-13 1 YVETTE TREMONTI 999009999 0 MICHELE N MELCHIOR P00488037 4074815100 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X DAVID DE LA PARTE 12902 MAGNOLIA DRIVE TAMPA FL 33612 0 0 X N/A X 2022 FL HOLDING TITLE TO A 775 ACRE CAMPUS LOCATED IN PASCO COUNTY, FL UTILIZED BY A 501(C)(3) ENTITY. 3 2 0 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22001000 0 22001000 TO SUPPORT H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE, INC., WHOSE MISSION IS TO CONTRIBUTE TO A CURE FOR CANCER, BY HOLDING TITLE TO A 775 ACRE CAMPUS LOCATED IN PASCO COUNTY, FL. 0 0 0 0 0 MOFFITT REAL ESTATE HOLDING CORPORATION, WHICH IS A SUBSIDIARY OF H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE, INC. (THE INSTITUTE), WAS FORMED FOR THE EXCLUSIVE PURPOSE OF HOLDING TITLE TO A 775 ACRE CAMPUS LOCATED IN PASCO COUNTY, FL, COLLECTING THE INCOME THEREFROM, AND DISTRIBUTING SUCH INCOME TO ITS SOLE MEMBER, THE INSTITUTE. THE INSTITUTE INTENDS TO DEVELOP THE PROPERTY AS A GLOBAL LIFESCIENCES AND RESEARCH INNOVATION CAMPUS KNOWN AS "SPEROS FL." AS A 501(C)(2) ENTITY, MOFFITT REAL ESTATE HOLDING CORPORATION'S ONLY PERMITTED ACTIVITIES INCLUDE HOLDING TITLE TO REAL PROPERTY AND TURNING OVER ANY NET INCOME FROM THE PROPERTY TO A TAX EXEMPT ENTITY. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 2 1 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X YVETTE M LYONS TREMONTI 8137457862 12902 MAGNOLIA DRIVE TAMPA FL 33612 PATRICK HWU DIRECTOR, VICE CHAIR 1.00 56.00 X X 0 1161591 102275 TIMOTHY J ADAMS DIRECTOR, CHAIR 1.00 1.00 X X 0 0 0 SEAN HYER DIRECTOR, SEC & TREASURER 1.00 1.00 X X 0 0 0 SARABDEEP SINGH COO 1.00 56.00 X 0 618920 89732 YVETTE M LYONS TREMONTI CFO 1.00 58.00 X 0 824270 -345650 L DAVID DE LA PARTE PRESIDENT 1.00 58.00 X 0 674699 -330860 CHARLES FLETCHER GENERAL COUNSEL 1.00 56.00 X 0 331318 11043 0 3610798 -473460 0 0 1 0 0 0 0 0 0 0 0 0 0 22001000 0 22001000 0 22001000 0 0 X 22001000 0 22001000 0 22001000 X 0 22001000 X 0 1 X 1 0 22001000 22001000 22001000 X PART X, LINE 2: MOFFITT REAL ESTATE HOLDING CORPORATION DID NOT HAVE ANY UNCERTAIN POSITIONS IN ITS AUDITED FINANCIAL STATEMENTS. THE ASC-740 FOOTNOTE READS AS FOLLOWS: SIGNIFICANT JUDGMENT IS REQUIRED TO EVALUATE UNCERTAIN TAX POSITIONS. THE CANCER CENTER EVALUATES ITS UNCERTAIN TAX POSITIONS ON A REGULAR BASIS. ITS EVALUATIONS ARE BASED ON A NUMBER OF FACTORS, INCLUDING CHANGES IN FACTS AND CIRCUMSTANCES, CHANGES IN TAX LAW, AND CORRESPONDENCE WITH TAX AUTHORITIES. THE CANCER CENTER ACCOUNTS FOR UNCERTAIN TAX POSITIONS BY RECOGNIZING A TAX BENEFIT OR LIABILITY AT THE LARGEST AMOUNT THAT, IN ITS JUDGMENT, IS MORE THAN 50% LIKELY TO BE REALIZED OR PAID BASED UPON TECHNICAL MERITS OF THE POSITION. THE CANCER CENTER CURRENTLY HAS NO TAX BENEFITS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. 0 1 0 PATRICK HWU DIRECTOR, VICE CHAIR 0 1142684 0 610 0 18297 0 101682 0 3941 0 1267214 0 0 SARABDEEP SINGH COO 0 614018 0 0 0 4902 0 57658 0 36171 0 712749 0 0 YVETTE M LYONS TREMONTI CFO 0 740894 0 0 0 83376 0 -379274 0 36971 0 481967 0 0 L DAVID DE LA PARTE PRESIDENT 0 617340 0 595 0 56764 0 -356164 0 28652 0 347187 0 0 CHARLES FLETCHER GENERAL COUNSEL 0 301695 0 28039 0 1584 0 -21830 0 35654 0 345142 0 0 PART I, LINE 3 MOFFITT REAL ESTATE HOLDING RELIES ON H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE, A RELATED ORGANIZATION WHICH USES AN INDEPENDENT COMPENSATION CONSULTANT, COMPENSATION SURVEYS OR STUDIES, AN EXECUTIVE COMPENSATION COMMITTEE, AND THE APPROVAL BY THE BOARD OR THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD, TO ESTABLISH THE ORGANIZATION'S CEO, PRESIDENT, AND TOP MANAGEMENT OFFICIALS' COMPENSATION. PART I, LINE 4B TO BE ELIGIBLE TO PARTICIPATE IN THE 457(F) NON-QUALIFIED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP), PARTICIPANTS MUST ELECT TO CONTRIBUTE AT LEAST 10% ACROSS THE 403(B) AND 457(B) PLANS, AND ARE VESTED AFTER 10 YEARS OF SERVICE. LUMP SUM DISTRIBUTIONS FROM THE ACCOUNT ARE MADE UPON NORMAL RETIREMENT OR TERMINATION. BELOW ARE INDIVIDUALS LISTED ON REAL ESTATE HOLDING COMPANY'S 2022 FORM 990 PART VII, SECTION A, THAT PARTICIPATED IN THE 457(F) SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AND THEIR RESPECTIVE AMOUNTS OF COMPENSATION CONSTRUCTIVELY RECEIVED IN TAX YEAR 2022 FROM THE PLAN: L DAVID DE LA PARTE - $47,390 CHARLES FLETCHER - $0 PATRICK HWU - $0 SARABDEEP SINGH - $0 YVETTE M. LYONS TREMONTI - $78,474 SCHEDULE J COLUMN C THE AMOUNT OF RETIREMENT AND DEFERRED COMPENSATION FOR CERTAIN EXECUTIVES IN SCHEDULE J, COLUMN (C) INCLUDES A DECREASE IN ACTUARIAL VALUE OF THE DEFINED BENEFIT PLAN THAT OCCURRED DURING THE YEAR. FORM 990, PART VI, SECTION A, LINE 2 THE FOLLOWING OFFICERS, THAT JOINTLY SERVE ON THE REAL ESTATE HOLDING COMPANY AND A FOR-PROFIT RELATED ENTITY, QUALIFY AS HAVING A BUSINESS RELATIONSHIP. REAL ESTATE HOLDING & MOFFITT TECHNOLOGIES CORPORATION (MTC): L DAVID DE LA PARTE, REAL ESTATE HOLDING OFFICER AND MTC OFFICER YVETTE LYONS TREMONTI, REAL ESTATE HOLDING OFFICER AND MTC OFFICER REAL ESTATE HOLDING & ONCOBAY INC: L DAVID DE LA PARTE, REAL ESTATE HOLDING OFFICER AND ONCOBAY DIRECTOR YVETTE LYONS TREMONTI, REAL ESTATE HOLDING OFFICER AND ONCOBAY DIRECTOR FORM 990, PART VI, SECTION A, LINE 6 H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE, INC. IS THE SOLE MEMBER OF THE REAL ESTATE HOLDING COMPANY. FORM 990, PART VI, SECTION A, LINE 7A AS THE SOLE MEMBER OF THE REAL ESTATE HOLDING COMPANY, H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE, INC. SHALL HAVE THE POWER TO APPROVE, DISAPPROVE, OR REMOVE ANY MEMBER OF THE BOARD OF DIRECTORS OR OFFICER OF THE REAL ESTATE HOLDING COMPANY. FORM 990, PART VI, SECTION A, LINE 7B AS THE SOLE MEMBER OF THE CORPORATION, H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE, INC. SHALL HAVE THE FOLLOWING POWERS: A) APPROVE, DISAPPROVE, OR RECOMMEND THE ADOPTION, CHANGE, AMENDMENT OR REPEAL OF THE ARTICLES OF INCORPORATION OF THE CORPORATION; B) APPROVE, DISAPPROVE, OR RECOMMEND THE ADOPTION, CHANGE, AMENDMENT OR REPEAL OF THE BYLAWS OF THE CORPORATION; C) APPROVE, DISAPPROVE, OR RECOMMEND THE SELECTION OF A QUALIFIED AUDIT FIRM AND THE ANNUAL OPERATING AND CAPITAL BUDGET OF THE CORPORATION; D) APPROVE OR DISAPPROVE THE TRANSFER, SALE, LEASE OR DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION OTHER THAN GROUND LEASES OF PROPERTY TO THE CANCER CENTER OR ITS WHOLLY-OWNED SUBSIDIARIES; E) APPROVE OR DISAPPROVE THE CONFERRING OF ANY LIEN OR SECURITY INTEREST IN ASSETS OF THE CORPORATION IN EXCESS OF THE DOLLAR THRESHOLD SET FORTH BY BOARD APPROVED POLICY, WHETHER SAME SHALL BE IN CONNECTION WITH EITHER PUBLIC OR PRIVATE FINANCING, OR OTHERWISE; F) APPROVE OR DISAPPROVE ALL DONATIONS OR CHARITABLE CONTRIBUTIONS BY THE CORPORATION IN EXCESS OF THE DOLLAR THRESHOLD SET FORTH BY BOARD APPROVED POLICY PER CONTRIBUTION OR IN THE AGGREGATE; G) APPROVE, DISAPPROVE OR RECOMMEND THE ADOPTION OF THE CORPORATION'S MISSION AND PHILOSOPHY STATEMENT; H) APPROVE OR DISAPPROVE CAPITAL EXPENDITURES BY THE CORPORATION IN EXCESS OF THE DOLLAR THRESHOLD SET FORTH BY THE BOARD APPROVED POLICY PER EXPENDITURE OR IN THE AGGREGATE ANNUALLY; AND I) APPROVE, DISAPPROVE OR REMOVE ANY MEMBER OF THE BOARD OR OFFICER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 8B MOFFITT REAL ESTATE HOLDING COMPANY DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO ELECTRONICALLY FILING FORM 990 (RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX), A COPY OF THE RETURN IS PROVIDED TO THE GOVERNING BODY, GIVING EACH BOARD MEMBER TIME TO REVIEW THE RETURN. BOARD MEMBERS HAVE THE OPPORTUNITY TO ASK QUESTIONS RELATED TO THE INFORMATION PROVIDED ON THE RETURN. FORM 990 IS ALSO PROVIDED TO THE CHIEF FINANCIAL OFFICER FOR REVIEW. BASED ON THE REVIEW ANY SUGGESTED COMMENTS OR CHANGES ARE DISCUSSED PRIOR TO SIGNING. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS A PRESENTATION IS MADE TO REAL ESTATE HOLDING COMPANY'S BOARD MEMBERS TO REVIEW THE CONFLICT OF INTEREST POLICY AND PROCEDURES FOR DISCLOSING ANY POTENTIAL CONFLICTS. EACH DIRECTOR, OFFICER, COMMITTEE MEMBER, AND KEY EMPLOYEE SHALL COMPLETE A CONFLICT OF INTEREST DISCLOSURE CERTIFICATION VIA THE ELECTRONIC DISCLOSURE SYSTEM. ANY DIRECTOR, OFFICER, COMMITTEE MEMBER, OR KEY EMPLOYEE WHO REASONABLY BELIEVES THAT HE OR SHE MAY HAVE AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST MUST DISCLOSE THE EXISTENCE OF AND THE MATERIAL FACTS OF THE NATURE OF HIS/HER INTEREST ON THE FORM. THE ELECTRONIC FORM IS SUBMITTED TO THE CORPORATE COMPLIANCE OFFICE, WHICH REVIEWS THE FORMS, GATHERS ADDITIONAL RELEVANT INFORMATION WHERE NECESSARY, AND PREPARES A SUMMARY OF THE DISCLOSURES TO BE REVIEWED BY THE CONFLICT OF INTEREST WORK GROUP. IF A DIRECTOR OR COMMITTEE MEMBER DISCLOSES THAT HE/SHE HAS A POTENTIAL CONFLICT OF INTEREST AT A BOARD OR COMMITTEE MEETING, SUCH DIRECTOR OR COMMITTEE MEMBER MUST DISCLOSE THE NATURE OF THE INTEREST AND ANY RELATED INFORMATION AND RESPOND TO QUESTIONS AS MAY BE REQUIRED BY THE REMAINING MEMBERS. BASED ON THE INFORMATION DISCLOSED, THE REMAINING BOARD MEMBERS WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. IF A CONFLICT EXISTS THE BOARD OR COMMITTEE SHALL DETERMINE WHETHER AN ALTERNATIVE TRANSACTION OR ARRANGEMENT THAT WOULD NOT GIVE RISE TO A CONFLICT IS EQUALLY ADVANTAGEOUS. IF AN ALTERNATIVE TRANSACTION IS NOT EQUALLY ADVANTAGEOUS THE DIRECTOR OR COMMITTEE MEMBER WHO IS THE SUBJECT OF THE CONFLICT SHALL NOT VOTE ON, NOR USE HIS HER PERSONAL INFLUENCE ON, NOR PARTICIPATE IN DISCUSSIONS OR DELIBERATIONS WITH RESPECT TO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS OF H. LEE MOFFITT CANCER CENTER AND RESEARCH INSTITUTE, INC. ("MOFFITT"), A RELATED ENTITY, HAS AN ESTABLISHED SUB-COMMITTEE, THE JOINT EXECUTIVE COMPENSATION & BENEFITS COMMITTEE (JEC&BC) THAT IS MADE UP ENTIRELY OF INDEPENDENT, OUTSIDE DIRECTORS. THIS COMMITTEE IS CHARGED WITH THE OVERSIGHT OF THE PERFORMANCE AND COMPENSATION OF MOFFITT EXECUTIVES AND DISQUALIFIED PERSONS. THESE POSITIONS INCLUDE THE CEO, EXECUTIVE VICE PRESIDENTS, SENIOR VICE PRESIDENTS, VICE PRESIDENTS AND DEPARTMENT CHAIRPERSONS. TO ACCOMPLISH ITS MISSION, THE COMMITTEE CAN AS NEEDED AND DOES AT ITS DISCRETION, ENGAGE OUTSIDE INDEPENDENT, OUTSIDE ADVISORS INCLUDING, BUT NOT LIMITED TO ATTORNEYS AND COMPENSATION CONSULTANTS. ON AN ANNUAL BASIS THE JEC&BC ENGAGES A NATIONALLY KNOWN, THIRD PARTY CONSULTING FIRM TO PROVIDE A DETAILED STUDY OF THE CASH COMPENSATION FOR EACH EXECUTIVE, DISQUALIFIED PERSON AND INDIVIDUAL IN KEY POSITIONS. THE CONSULTANT USES A VARIETY OF PUBLISHED SURVEYS COMPILED BY INDEPENDENT FIRMS TO PROVIDE THE SOURCE DATA FOR THE STUDY. USING FUNCTIONALLY COMPARABLE POSITIONS IN OTHER SIMILARLY SIZED, NOT-FOR-PROFIT AND FOR-PROFIT HEALTHCARE, ACADEMIC AND RESEARCH ORGANIZATIONS, THE CONSULTING FIRM PRODUCES A STUDY THAT COMPARES EACH DESIGNATED MOFFITT POSITION TO ITS APPROPRIATE MARKET EQUIVALENT. THE RESULTING DATA IS PROVIDED TO THE DIRECTOR OF HR OPERATIONS, WHO IS NOT INCLUDED IN THE EXECUTIVE OR DISQUALIFIED PERSON CATEGORIES, FOR USE IN THE FORMULATION OF RECOMMENDATIONS FOR COMPENSATION CHANGES TO MAINTAIN MARKET COMPETITIVENESS OR TO REWARD PERFORMANCE. THESE RECOMMENDATIONS ALONG WITH THE CONSULTANT'S COMPARABILITY DATA ARE PRESENTED TO THE JEC&BC FOR IT TO CONFIRM ITS REASONABLENESS, MAKE MODIFICATIONS AS IT DEEMS NECESSARY AND PROVIDE FINAL APPROVAL. EVERY THIRD YEAR THE INDEPENDENT CONSULTANT ANALYZES THE TOTAL EXECUTIVE MOFFITT REAL ESTATE HOLDING CORPORATION 92-3387708 COMPENSATION PROGRAM, USING THE SAME METHODOLOGY AS DESCRIBED ABOVE, THAT INCLUDES THE VALUE OF ALL BENEFITS AND PERQUISITES (CASH AND NON-CASH) PROVIDED AS COMPENSATION TO THE EXECUTIVES AND DISQUALIFIED PERSONS. THE PURPOSE OF THE ANALYSIS IS TO PROVIDE AN OPINION ON THE REASONABLENESS OF EACH OF THE INDIVIDUAL COMPENSATION COMPONENTS AND THE AGGREGATE COMPENSATION TOTAL. THIS MORE COMPREHENSIVE ANALYSIS IS PROVIDED TO THE JEC&BC FOR THEIR USE IN THE ANNUAL REVIEW PROCESS. MINUTES ARE KEPT AT EACH OF THESE ANNUAL MEETINGS DETAILING THE RECOMMENDATIONS PRESENTED AND THE DECISIONS MADE BY THE COMMITTEE. THESE MINUTES ARE PUBLISHED TO THE COMMITTEE AT THE NEXT MEETING AND REPORTED BACK TO THE FULL BOARD. FORM 990, PART VI, SECTION C, LINE 19 ALL ORGANIZING AND GOVERNING DOCUMENTS SUCH AS FORM 1024, CONFLICTS OF INTEREST POLICY, AND ARTICLES OF INCORPORATION AS WELL AS FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS RELATES TO AN INTERCOMPANY TRANSFER IN THE AMOUNT OF $22,001,000. H LEE MOFFITT CANCER CTR & RESEARCH INSTITUTE HOSPITAL INC 12902 MAGNOLIA DRIVE TAMPA FL 33612 593238634 PATIENT CARE FL 501(C)(3) LINE 3 H LEE MOFFITT CC&RI INC 0 H LEE MOFFITT CANCER CENTER & RESEARCH INSTITUTE INC 12902 MAGNOLIA DRIVE TAMPA FL 33612 592451713 PARENT-RESEARCH FL 501(C)(3) LINE 7 N/A 0 H LEE MOFFITT CANCER CTR & RESEARCH INSTITUTE FOUNDATION INC 12902 MAGNOLIA DRIVE TAMPA FL 33612 593238636 FUNDRAISING FL 501(C)(3) LINE 7 H LEE MOFFITT CC&RI INC 0 H LEE MOFFITT CC& RI LIFETIME CANCER SCREENING CENTER INC 12902 MAGNOLIA DRIVE TAMPA FL 33612 593238640 PRACTICE MANAGEMENT FL 501(C)(3) LINE 10 H LEE MOFFITT CC&RI INC 0 MOFFITT LIFESCIENCES CAMPUS MANAGEMENT CORPORATION (EFF 010123) 12902 MAGNOLIA DRIVE TAMPA FL 33612 923388291 PROPERTY MANAGEMENT FL 501(C)(3) LINE 12A, I H LEE MOFFITT CC&RI INC 0 MOFFITT TECHNOLOGIES CORPORATION 12902 MAGNOLIA DRIVE TAMPA FL 33612 300332914 TECHNOLOGY MANAGEMENT FL N/A C 0 ONCOBAY CLINICAL INC (UNTIL 0123) 10902 N MCKINLEY DRIVE TAMPA FL 33612 843412796 RESEARCH & PRODUCT DEVELOPMENT FL N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1