Healthy Lakewood Foundation Releases It's 2018 Tax Return

[Bill Call]

That's a good sign.

HEALTHY LAKEWOOD FOUNDATION_US Tax Return for 2018 as filed.pdf

(133.32 KiB) Downloaded 229 times

They have also scheduled their first public meeting:

http://lakewoodobserver.com/read/2019/0 ... ty-meeting

[Mark Kindt]

I have deleted my previous post on this topic while I review the posted document.

[Mark Kindt]

Gosh! -- Gold in that Rubble

As of year-end 2018, the local foundations who were among the major financial beneficiaries of the Master Agreement that closed Lakewood Hospital have now reported more than $43,000,000 in financial assets invested.

The city commissioned a non-public study completed in 2018 that identified major health care needs for children, the elderly, the disabled, and veterans.

Since the closure of Lakewood Hospital in 2016, as of year-end 2018, these foundations have spent less than $700,000 to support local health care needs.

Had it not been liquidated and demolished, Lakewood Hospital would have provided more than $21,000,000 in charity-care to the community that it had served for so long and so well (estimate 2016 thru 2019).

On an approximate annual basis, the new model of health care for Lakewood delivers only about 10% in grants compared to what Lakewood Hospital did every year in charity care!

Tough luck, Lakewood!

[Stan Austin]

Mr. Kindt---Let me ask a general question from a non-lawyer's perspective.

After driving by the rubble of what was once a premier medical provider and economic engine, reading the data as you have provided, Is there an alternative path forward that might be considered by future office holders that would reclaim some of the lost monetary value and maybe reestablish the original highest use (medical) purpose of what has been vaporized?

Stan Austin

[Mark Kindt]

Mr. Austin, I would be pleased to offer some intelligent thoughts along the lines you suggest -- There are none.

The present public policy outcome is the plan to build a group of townhouses and apartments that most residents of Lakewood will never have sufficient assets or income to ever afford as part of a retail/office complex subsidized with public assets, public real estate, and public funds.

Lewis Carroll said it best:

"All the King's horses and all the King's men couldn't put Humpty Dumpty back together again"

Tough luck, Lakewood.

Dumbest city in the United States.

[Mark Kindt]

Not Even A Web Page

In 2018, the Healthy Lakewood Foundation had over $8 million dollars and spent more than $90,000 on consultants.

Bottom line:

In 2019, They still don't even have a web page.

[Stan Austin]

Damn-- So the hoses of water are just washing away millions of cash dollars and concrete that sustained our lives. Next Mayor and Council, take note.

[Nadhal Eadeh]

Mark/Stan,

Dumbest city in America may be accurate. We have 7 members of council who tout their pet issues as progress but will not raise a finger to hold this mayor responsible.

I drove by the hospital site and read the silly storefront wall paper that stated:

“Lakewood is a progressive community”

To the Democrats on this current council:

1. Why is the #1 issue in the 2020 presidential cycle access to healthcare?

2. Why are the Dems discussing a Medicare for All/public option yet in Lakewood residents get access to an emergency room?

3. If Cleveland is marketing itself as a healthcare capital, why would you replace your largest healthcare employer with a strip mall?

Nadhal

[Mark Kindt]

Mr. Kindt---Let me ask a general question from a non-lawyer's perspective.

After driving by the rubble of what was once a premier medical provider and economic engine, reading the data as you have provided, Is there an alternative path forward that might be considered by future office holders that would reclaim some of the lost monetary value and maybe reestablish the original highest use (medical) purpose of what has been vaporized?

Stan Austin

Mr. Austin,

It is incredibly easy to stick the tip of a metal screwdriver into an electric socket.

As the house burns down, dozens of interrelated physical systems are destroyed.

Rebuilding a house with new physical systems could take years.

To carry the example, one step further...what if the home-owner discovers that the home insurance funds have been paid to others?

A few more comments later.

Mr. Eadeh, a true expert on Veteran's needs and Veteran's services has summed this up nicely.

[Mark Kindt]

Not Even A Web Page

In 2018, the Healthy Lakewood Foundation had over $8 million dollars and spent more than $90,000 on consultants.

Bottom line:

In 2019, They still don't even have a web page.

There is simply no excuse for this.

The Hospital has been closed for almost 4 years, and the Lakewood public has no understanding of whether or not the Healthy Lakewood Foundation has ever even issued a grant.

[Mark Kindt]

I fully appreciate that the Healthy Lakewood Foundation is being managed by its volunteers and I thank them for their service to our community.

This foundation has been in the works for more than 5 years now as mandated by a contract between the patrons back in 2015.

Its patrons, the City of Lakewood and the Cleveland Clinic Foundation each have sophisticated IT functions and PR functions.

I would hope that HLF launches a website soon with or without the help of its patrons.

I have searched and not found anything, except old links to the city's webpage.