2026-06-24T13:38:45-05:00 2026-02-28 390859910 BAKER TILLY ADVISORY GROUP LP 333 BUSH STREET STE 1000 SAN FRANCISCO CA 94104 990 2025-03-01 941485533 CHANNING HOUSE CHAN 6503270950 850 WEBSTER STREET PALO ALTO CA 94301 RHONDA BEKKEDAHL CEO 6503270950 2026-06-23 1 MICHAEL LUMSDEN P01262236 4159561500 2026-06-23 2025 2025-03-06 01:10:19Z RHONDA BEKKEDAHL 850 WEBSTER STREET PALO ALTO CA 94301 77739610 0 X WWW.CHANNINGHOUSE.ORG X 1960 CA PROVIDES HOUSING AND HEALTH CARE SERVICES WITHIN A LIFE PLAN COMMUNITY. 12 12 242 70 -1131787 0 433082 384932 27386037 30597159 1858619 2408307 64508 -1055825 29742246 32334573 26759 44098 0 0 13741960 15388675 8000 8000 8000 18969707 18683839 32746426 34124612 -3004180 -1790039 156553175 191622815 165070265 200745470 -8517090 -9122655 X CHANNING HOUSE BELIEVES THAT OLDER ADULTS THRIVE IN A VIBRANT SETTING THAT SUPPORTS ACTIVE, ENGAGED AND HEALTHY LIVING. OUR MISSION IS TO PROVIDE A SUSTAINABLE, INNOVATIVE COMMUNITY THAT PROMOTES THIS LIFESTYLE, WHILE EMBRACING RESPECT AND DIGNITY FOR ALL WHO LIVE AND WORK HERE. 0 0 27081040 44098 30597159 PROVIDE HOUSING, ASSISTED LIVING, AND SKILLED NURSING SERVICES WHICH INCLUDE DINING SERVICES, MAINTENANCE, HOUSEKEEPING, AND NURSING CARE. DURING FY2026 WE SERVED AN AVERAGE OF 237 RESIDENTS WITH A TOTAL OF 6,082 SERVICE DAYS OF SKILLED NURSING; 10,428 SERVICE DAYS OF ASSISTED LIVING; AND 72,749 DAYS OF RESIDENTIAL CARE SERVICES. 0 0 0 CHANNING HOUSE HOSTS VARIOUS COMMUNITY MEETINGS AND PARTNERS IN EMERGENCY PREPAREDNESS PROGRAMS. WE COORDINATE WITH THE CITY OF PALO ALTO AND WITH SANTA CLARA COUNTY TO PROVIDE EMERGENCY COMMUNICATIONS AND ACT AS A BACK-UP OPERATIONAL COMMAND CENTER IN THE EVENT OF A NATURAL (OR OTHER) DISASTER. OUR COMMUNITY SUPPORTS MANY OTHER ORGANIZATIONS WITH THOUSANDS OF HOURS OF VOLUNTEER TIME. EXPENSES PERTAINING TO THESE PROGRAMS ARE NEGLIGIBLE AND COULD NOT BE REASONABLY QUANTIFIED. 27081040 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 68 0 1 242 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X JAISIE LOZANO 6503247560 850 WEBSTER STREET PALO ALTO CA 94301 BERN BEECHAM CHAIR 2.00 X X 0 0 0 MAUREEN SHEEHAN VICE CHAIR 2.00 X X 0 0 0 MARCIA PUGSLEY SECRETARY 2.00 X X 0 0 0 ZENG YU CHEN TREASURER 2.00 X X 0 0 0 CALVIN BRENNEMAN BOARD MEMBER 1.00 X 0 0 0 PANCHO CHANG BOARD MEMBER 1.00 X 0 0 0 TOM DUBOIS BOARD MEMBER 1.00 X 0 0 0 PATTI FRY BOARD MEMBER 1.00 X 0 0 0 SUE GILBERT BOARD MEMBER 1.00 X 0 0 0 BRUCE MCFARLANE BOARD MEMBER (THROUGH 9/2025) 1.00 X 0 0 0 JONATHAN SCHATZ BOARD MEMBER 1.00 X 0 0 0 JOHN SCHNIEDWIND BOARD MEMBER 1.00 X 0 0 0 ERIC WANG BOARD MEMBER 1.00 X 0 0 0 RHONDA BEKKEDAHL CHIEF EXECUTIVE OFFICER 40.00 X 382470 0 34577 JAISIE LOZANO CHIEF FINANCIAL OFFICER 40.00 X 284244 0 22044 IZVETH LEON DIRECTOR OF NURSING 40.00 X 200190 0 30276 PAYAL VILLALOBOS HUMAN RESOURCES DIRECTOR 40.00 X 193764 0 35661 ELVYRA ABARE COO (2/2025 - 2/2026) 40.00 X 204337 0 15933 GLORIA CASTELLANOS DINING SERVICES DIRECTOR 40.00 X 164628 0 30688 JENNY POON SALES SPECIALIST / DIR OF MARKETING 40.00 X 152404 0 13153 OFELIA GUTIERREZ MARKETING MANAGER 40.00 X 181956 0 40086 RANDON SAGNEP ASSISTANT DIRECTOR OF NURSING 40.00 X 168248 0 16004 REMELYN BONDOC CHARGE NURSE RN 40.00 X 134126 0 23681 HONEYLETTE FAUSTINO DIRECTOR OF STAFF DEVELOPMENT 40.00 X 126416 0 26530 MARK BAYANI EXECUTIVE CHEF 40.00 X 143195 0 4115 2335978 0 292748 25 0 1 0 VANCE BROWN INC 2585 E BAYSHORE ROAD PALO ALTO CA 94303 CONSTRUCTION CONTRACTOR 1485831 COREWORKS 13028 COLLECTION CENTER DRIVE CHICAGO IL 60693 ENVIRONMENTAL SERVICE PROVIDER 1175088 PROVINET SOLUTIONS 18670 GRAPHICS DRIVE SUITE 102 TINLEY PARK IL 60477 IT SERVICE PROVIDER 713152 WESTERN ALLIED MECHANICAL INC 33210 CENTRAL AVENUE UNION CITY CA 94587 ENVIRONMENTAL SERVICE PROVIDER 302574 MISSION LINEN SUPPLY 6590 CENTRAL AVENUE NEWARK CA 94560 LAUNDRY AND LINEN SERVICES 286009 11 55387 329545 250295 384932 MONTHLY CARE FEES 623000 22429925 22429925 RESIDENT ENTRANCE FEES 623000 7683962 7683962 OTHER OPERATING REVENUE 623000 479772 479772 PROCESSING FEES 623000 3500 3500 30597159 1418517 1418517 279501 1354512 -1075011 -1075011 -1131787 56776 45040315 44050525 989790 989790 989790 19186 0 19186 19186 32334573 30597159 -1131787 2484269 4811 4811 39287 39287 2030923 1192643 838280 10498459 8433402 2065057 124833 121489 3344 1802292 1368701 433591 932168 717249 214919 63281 63281 73752 73752 8000 8000 1286006 551732 734274 120010 51488 68522 764755 524940 239815 343629 152276 191353 2100206 1756887 343319 70032 30044 39988 49365 21179 28186 3967779 3749027 218752 7080825 6738187 342638 594179 594179 FOOD & BEVERAGE 1228254 1228254 LICENSE/MAINT AGREEMENT 397167 170396 226771 TAXES & LICENSES 99105 42519 56586 DUES AND SUBSCRIPTIONS 46758 20060 26698 398736 166469 232267 34124612 27081040 7035572 8000 442278 1189981 26091 85741 137102 41521 76737 578313 748706 227624793 83371165 113601317 144253628 41646434 45107999 157571 82571 156553175 191622815 4833243 5082178 57546504 58886267 93340396 90891260 33082538 9350122 12803227 165070265 200745470 X -8998253 -9626758 481163 504103 -8517090 -9122655 156553175 191622815 X -1790039 1239148 -54674 X 0 1 X 1 0 X 816210 246874 322094 433082 384932 2203192 21499489 22595257 25821526 27386037 30597159 127899468 20590 24450 31341 43654 19186 139221 22336289 22866581 26174961 27862773 31001277 130241881 263820 275688 457752 323964 340164 1661388 0 263820 275688 457752 323964 340164 1661388 128580493 471821 973064 961604 1148328 1475293 5030110 471821 973064 961604 1148328 1475293 5030110 22808110 23839645 27136565 29011101 32476570 135271991 0.95050 0.95170 0.03720 0.03310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 1 1000 0 0 0 0 0 1000 0 PART II-B, LINE 1: LETTERS TO LEGISLATORS AND/OR THEIR STAFF REGARDING LEGISLATION RELATED TO LONG-TERM CARE, LICENSING AGENCIES, AND OTHER RELATED TOPICS. 10012111 10012111 203021345 73693318 129328027 13522792 9677847 3844945 1068545 1068545 144253628 ENTRANCE FEES REFUNDABLE UPON REOCCUPANCY 12607561 PENSION LIABILITY 195666 12803227 X 34873559 1239148 -54674 1184474 33689085 -1354512 -1354512 32334573 35479124 1354512 1354512 34124612 0 34124612 PART X, LINE 2: CHANNING HOUSE HAS BEEN GRANTED TAX-EXEMPT STATUS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC") AND SECTION 23701(D) OF THE CALIFORNIA REVENUE AND TAXATION CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. CHANNING HOUSE HAS ADOPTED THE PROVISIONS OF ASC TOPIC 740, INCOME TAXES, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. CHANNING HOUSE HAD NO UNRECOGNIZED TAX BENEFITS AT FEBRUARY 28, 2026 AND 2025. CHANNING HOUSE FILES FEDERAL AND CALIFORNIA EXEMPT ORGANIZATION RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN PENSION OBLIGATION -10,230. OTHER COMPONENTS OF NET PERIODIC PENSION COSTS -44,444. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -1,354,512. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 1,354,512. 1 STAFF SCHOLARSHIPS 4 39287 PART I, LINE 2: PRIOR TO ENROLLING IN ANY CLASSES OR PROGRAM, EMPLOYEES DISCUSS EDUCATIONAL PLANS WITH HUMAN RESOURCES AND SUBMIT A CHANNING HOUSE SCHOLARSHIP APPLICATION TO HUMAN RESOURCES. THE REVIEWING COMMITTEE INCLUDES THE HUMAN RESOURCES DIRECTOR, CFO, AND CEO. IF AWARDED A SCHOLARSHIP, EMPLOYEES MAY OBTAIN REIMBURSEMENT. EXPENSES MUST BE SUPPORTED BY ORIGINAL RECEIPTS AND A COPY OF THE FINAL GRADE OR CERTIFICATION RECEIVED. X X 0 0 0 0 0 0 0 1 0 RHONDA BEKKEDAHL CHIEF EXECUTIVE OFFICER 382420 0 0 0 50 0 27118 0 7459 0 417047 0 0 0 JAISIE LOZANO CHIEF FINANCIAL OFFICER 281194 0 3000 0 50 0 20322 0 1722 0 306288 0 0 0 IZVETH LEON DIRECTOR OF NURSING 198640 0 0 0 1550 0 15795 0 14481 0 230466 0 0 0 PAYAL VILLALOBOS HUMAN RESOURCES DIRECTOR 192214 0 0 0 1550 0 14586 0 21075 0 229425 0 0 0 OFELIA GUTIERREZ MARKETING MANAGER 152927 0 29029 0 0 0 4078 0 36008 0 222042 0 0 0 ELVYRA ABARE COO (2/2025 - 2/2026) 202287 0 2000 0 50 0 0 0 15933 0 220270 0 0 0 GLORIA CASTELLANOS DINING SERVICES DIRECTOR 163078 0 0 0 1550 0 13200 0 17488 0 195316 0 0 0 RANDON SAGNEP ASSISTANT DIRECTOR OF NURSING 158970 0 9278 0 0 0 4963 0 11041 0 184252 0 0 0 JENNY POON SALES SPECIALIST / DIR OF MARKETING 150104 0 750 0 1550 0 4408 0 8745 0 165557 0 0 0 REMELYN BONDOC CHARGE NURSE RN 130711 0 3415 0 0 0 3903 0 19778 0 157807 0 0 0 HONEYLETTE FAUSTINO DIRECTOR OF STAFF DEVELOPMENT 123163 0 3253 0 0 0 3972 0 22558 0 152946 0 0 0 PART I, LINE 7 CERTAIN INDIVIDUALS REPORTED ON FORM 990, PART VII AND/OR SCHEDULE J, PART II RECEIVED BONUSES, WHICH WOULD BE CONSIDERED A "NON-FIXED" PAYMENT IN THAT DISCRETION WAS UTILIZED TO DETERMINE WHETHER TO MAKE A BONUS PAYMENT AND/OR THE AMOUNT OF BONUS PAYMENT TO BE MADE. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048TZ63 2017-04-18 58413722 REFUND BOND ISSUED 7/8/2010 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048T7N7 2017-10-25 50469360 CONSTRUCT, EQUIP, AND RENOVATE FACILITY 0 0 0 A 7565000 58413722 2135701 963278 1732948 53581795 0 1 1 1 B 635000 50469360 1206070 912135 2735573 42533712 3081870 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 07/28/2021 ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 07/21/2023 X 1 250295 FAIR MARKET VALUE 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED (DEFINED AS EACH SEPARATE GIFT) ON SCHEDULE M, PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B THE AUDIT COMMITTEE REVIEWS A DRAFT OF THE FORM 990 ON BEHALF OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS. THE DRAFT, AS REVIEWED BY THE AUDIT COMMITTEE, IS THEN MADE AVAILABLE TO ALL MEMBERS OF THE BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS AS WELL. THIS PROCESS INCLUDES DOCUMENTING WHO CONDUCTED THE REVIEW, WHEN IT WAS CONDUCTED, AND TO WHAT EXTENT (DETAIL OR SUMMARY) THE FORM WAS REVIEWED. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH BOARD MEMBERS AND KEY STAFF MEMBERS. POTENTIAL CONFLICTS ARE REVIEWED AT THE MANAGEMENT AND THE BOARD LEVEL; SHOULD A CONFLICT OF INTEREST ARISE, THE BOARD MEMBER / EMPLOYEE DOES NOT PARTICIPATE IN DECISIONS RELATED TO THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE PERSONNEL COMMITTEE (A BOARD COMMITTEE COMPRISED OF 4 TRUSTEES) IS RESPONSIBLE FOR THE PERFORMANCE EVALUATION FOR THE CEO AND THE REVIEW OF THE COMPENSATION FOR THE CEO. THE PERFORMANCE APPRAISAL IS NORMALLY ON ANNUAL BASIS, WITH THE PERIOD UNDER REVIEW BASED ON THE PREVIOUS FISCAL YEAR. THE COMMITTEE, IN ITS EVALUATION, MAY SOLICIT INPUT FROM OTHER TRUSTEES, RESIDENTS, AND STAFF OF CHANNING HOUSE. THE PERSONNEL COMMITTEE SUBMITS ANY RECOMMENDED CHANGES TO THE CEO'S SALARY/BENEFITS TO THE BOARD OF TRUSTEES FOR APPROVAL. COMPENSATION ADJUSTMENTS FOR THE CEO (AND THE CFO) ARE ESTABLISHED IN CONJUNCTION WITH A REVIEW OF COMPENSATION STUDIES AVAILABLE FROM BOTH NATIONAL AND STATEWIDE SOURCES, AS WELL AS OTHER SOURCES (SUCH AS FROM A CONSULTANT). THE CEO IS RESPONSIBLE FOR ANNUAL EVALUATIONS AND IMPLEMENTING ANY SALARY ADJUSTMENTS FOR OTHER OFFICERS AND KEY EMPLOYEES; COMPENSATION ADJUSTMENTS FOR THESE INDIVIDUALS ARE BASED-ON BUDGETED AMOUNTS AVAILABLE, AS WELL AS STATEWIDE COMPENSATION STUDIES. FORM 990, PART VI, SECTION C, LINE 19 AUDITED FINANCIAL STATEMENTS ARE POSTED IN THE RESIDENT LIBRARY, ATTACHED TO NEW RESIDENT CONTRACTS, AND ARE AVAILABLE ON REQUEST FROM THE ACCOUNTING DEPARTMENT. ALL BOARD MINUTES ARE POSTED IN THE CHANNING HOUSE RESIDENT LIBRARY. THE CONFLICT OF INTEREST POLICY IS AVAILABLE ON REQUEST FROM THE ACCOUNTING DEPARTMENT. FORM 990, PART XI, LINE 9: CHANGE IN PENSION OBLIGATION -10,230. OHTER COMPONENTS OF NET PERIODIC PENSION COST -44,444.