2024-11-13T18:26:28-06:00 2023-12-31 261659234 CW ASSOCIATES CPAS 700 BISHOP STREET SUITE 1040 HONOLULU HI 96813 990 2023-01-01 990256226 ARCADIA RETIREMENT RESIDENCE ARCA 8089410941 1434 PUNAHOU STREET HONOLULU HI 96822 VIVIAN LAI CHIEF FINANCIAL OFFICER 8089410941 2024-11-13 1 0 RODNEY M HARANO P00389596 8085311040 2024-11-12 2023 2024-10-15 13:58:12Z VIVIAN LAI 1434 PUNAHOU STREET HONOLULU HI 96822 47126705 0 X ARCADIA.ORG X 1987 HI ARCADIA PROVIDES SENIOR LIVING EXCELLENCE IN A GRACIOUS, COMPASSIONATE AND DYNAMIC ENVIRONMENT. THE PRIMARY PURPOSE IS TO FURTHER THE HEALTH AND GENERAL WELFARE OF THE ELDERLY BY PROVIDING HOUSING, HEALTHCARE, AND FINANCIAL SECURITY WITH A SUPERIOR CONTINUUM OF ASSURED LIFETIME CARE TO MEET THE SPIRITUAL, PHYSICAL AND SOCIAL NEEDS OF EVERY RESIDENT. 11 9 706 9 0 0 583229 129864 35191840 38322586 -148465 -348415 6600 10000 35633204 38114035 328 3823 0 0 16831614 17243836 0 0 0 17215231 18444739 34047173 35692398 1586031 2421637 74229926 84912394 43867833 50073640 30362093 34838754 X ARCADIA PROVIDES SENIOR LIVING EXCELLENCE IN A GRACIOUS, COMPASSIONATE AND DYNAMIC ENVIRONMENT. THE PRIMARY PURPOSE IS TO FURTHER THE HEALTH AND GENERAL WELFARE OF THE ELDERLY BY PROVIDING HOUSING, HEALTHCARE, AND FINANCIAL SECURITY WITH A SUPERIOR CONTINUUM OF ASSURED LIFETIME CARE TO MEET THE SPIRITUAL, PHYSICAL AND SOCIAL NEEDS OF EVERY RESIDENT. 0 0 14787622 3823 22101940 MONTHLY SERVICE CHARGE - ARCADIA PROVIDES ROOM, BOARD AND OTHER SERVICES FOR 250 RESIDENTS. THE AVERAGE MONTHLY FEE CHARGED TO EACH RESIDENT IS $4,600 IN 2023. ARCADIA PAYS FOR ALL EXPENSES.ENTRANCE FEE AMORTIZATION - NEW RESIDENTS PAY FOR A LIFETIME INTEREST IN THEIR APARTMENT. REVENUE FOR AMORTIZATION OF ENTRANCE FEE IS RECOGNIZED OVER THE EXPECTED LIFE OF THE RESIDENT. 13960901 14589757 HEALTH CARE CENTER - ARCADIA HAS A LICENSED SKILLED NURSING, INTERMEDIATE CARE AND SPECIAL CARE FACILITY WITH 91 NURSING FACILITY BEDS AVAILABLE FOR USE BY RESIDENTS. ALL BEDS ARE MEDICARE CERTIFIED. THE AVERAGE CENSUS WAS 77 IN 2023 WITH A PER DIEM RATE OF $446 FOR SEMI-PRIVATE ROOMS AND $593 FOR PRIVATE ROOMS FOR LONG-TERM RESIDENTS IN 2023. 3735602 1640889 ASSISTED LIVING SERVICES - PROGRAM TO PROVIDE HELP TO RESIDENTS WHO ARE NOT CLINICALLY RESTRICTED TO BEDS AND ARE NOT PHYSICALLY OR MENTALLY ABLE TO LIVE INDEPENDENTLY. RESIDENTS ENROLLED CAN HAVE AN INDEPENDENT LIFESTYLE WITH HELP PROVIDED BY ARCADIA. THIS CAN INCLUDE SERVICES FROM MEDICATION MANAGEMENT TO ASSISTANCE WITH MANY OF THE ACTIVITIES OF DAILY LIVING. 72 RESIDENTS WERE ENROLLED IN THE PROGRAM AS OF DECEMBER 31, 2023. STATEMENT OF COMMUNITY BENEFITIN 2010, ARCADIA COMMUNITY SERVICES, A NONPROFIT CORPORATION, WAS ORGANIZED TO SUPPORT THE MISSION, PROGRAMS, AND SERVICES OF ARCADIA RETIREMENT RESIDENCE (ARCADIA) AND CRAIGSIDE RETIREMENT RESIDENCE (15 CRAIGSIDE) AND COORDINATE THE EFFORTS OF OUR FAMILY OF COMPANIES, INCLUDING OUR HOME AND COMMUNITY BASED PROGRAMS. IN 2010, 15 CRAIGSIDE COMPLETED BUILDING ITS NEW LIFE PLAN COMMUNITY (LPC) AND BEGAN OPERATIONS. TOGETHER WITH THE OTHER RELATED ARCADIA SUPPORT ORGANIZATIONS, THE ARCADIA FOUNDATION (TAF), ARCADIA HOME HEALTH SERVICES (AHHS), ARCADIA ELDER SERVICES (AES), ARCADIA AT HOME (AAH), ARCADIA ADULT DAY CARE AND DAY HEALTH CENTER (AADCDH), AND HALE OLA KINO BY ARCADIA (HOKA),THE ARCADIA FAMILY OF COMPANIES (AFC) ACTS AS A UNIFIED ORGANIZATION IN PROVIDING BENEFIT TO THE RESIDENTS, CLIENTS AND MEMBERS THEY SERVE, AS WELL AS TO THE HONOLULU COMMUNITY AT LARGE, WITH THE CORE PURPOSE OF SERVING AND PROTECTING THE LIVES OF HAWAII'S KUPUNA (HAWAIIAN: ELDERS).ARCADIA IS HAWAII'S OLDEST PRE-EMINENT LPC AND IS THE FIRST LPC IN HAWAII ACCREDITED BY THE COMMISSION ON ACCREDITATION OF REHABILITATION FACILITIES AND THE CONTINUING CARE ACCREDITATION COMMISSION (CARF-CCAC). ARCADIA OFFERS LIFETIME RESIDENCY WITH A CONTINUUM OF CARE THAT BEGINS WITH INDEPENDENT LIVING IN ONE'S APARTMENT WITH ACCESS TO AN ARRAY OF ACTIVITIES, WELLNESS PROGRAMS, HEALTH CARE SERVICES, FOOD, PERSONAL ASSISTANCE, IF REQUESTED, SECURITY, MAINTENANCE, HOUSEKEEPING AND LINEN SERVICE, AND ALONG THE CONTINUUM, IF NEEDED, ASSISTED LIVING, SKILLED AND INTERMEDIATE LONG TERM CARE, SPECIAL CARE FOR THOSE WHO DEVELOP ALZHEIMER'S DISEASE AND DEMENTIA, AND END OF LIFE CARE. 15 CRAIGSIDE OFFERS PROGRAMS AND SERVICES SIMILAR TO ARCADIA, AND AAH OFFERS A SIMILAR LIFE-CARE GUARANTEE AND PROGRAM WHILE A MEMBER RESIDES IN HIS/HER/THEIR HOME.ARCADIA, AND ITS FAMILY OF COMPANIES, ARE GUIDED BY A VISION THAT CALLS EVERY COMPANY TO PROVIDE OPTIMUM EFFORT IN SUPPORT OF ITS RESIDENTS, CLIENTS AND MEMBERS, AND TO PROVIDE BENEFITS AND SERVICES TO SENIORS IN THE GREATER COMMUNITY. THROUGHOUT ARCADIA'S 56-YEAR HISTORY, IT HAS CONSISTENTLY DEMONSTRATED A CLEAR AND CONSISTENT CHARITABLE PURPOSE: PROVIDING SENIOR LIVING AND CARE IN A GRACIOUS, COMPASSIONATE AND DYNAMIC ENVIRONMENT WITH A SUPERIOR CONTINUUM OF ASSURED LIFETIME CARE TO MEET THE SPIRITUAL, PHYSICAL AND SOCIAL NEEDS OF EVERY RESIDENT. IN 2005, ARCADIA BEGAN TO DOCUMENT THE WAYS AFC HAS SERVED THE HAWAII COMMUNITY. THE FOLLOWING ARE EXAMPLES OF THE MANY WAYS IN WHICH AFC AND ITS PERSONNEL HAVE SERVED THE COMMUNITY IN 2023. THE ESTIMATED TOTAL VALUE OF THE COMMUNITY BENEFITS PROVIDED WAS OVER $1,704,000.1. UNCOMPENSATED (CHARITY CARE)ARCADIA AND 15 CRAIGSIDE CONTINUED TO PROVIDE SERVICES TO RESIDENTS AND MEMBERS WHO HAVE EXHAUSTED THEIR FUNDS, AS LONG AS THEY HAVE NOT WILLFULLY DEPLETED THEIR ASSETS. DURING 2023, THESE SERVICES, IF VALUED AT THE USUAL AND CUSTOMARY AMOUNTS CHARGED BY THE COMMUNITIES, AMOUNTED TO $634,227 AT ARCADIA AND $489,768 AT 15 CRAIGSIDE. ARCADIA, 15 CRAIGSIDE AND AAH ALSO PROVIDED HEALTH CARE SERVICES AT REDUCED RATES TO RESIDENTS AND MEMBERS WHO REQUIRED ASSISTANCE. DIFFERENCE IN RATES AMOUNTED TO $27,375 FOR ARCADIA.2. HOSPICE CAREDURING 2023, ARCADIA AND 15 CRAIGSIDE CONTINUED WITH A PROGRAM OF PROVIDING END OF LIFE CARE AND SUPPORTIVE CARE, IN CONNECTION WITH LOCAL MEDICARE CERTIFIED HOSPICE ORGANIZATIONS, TO SHORT-TERM RESIDENTS WHO HAVE BEEN ADMITTED DIRECTLY INTO ARCADIA'S AND 15 CRAIGSIDE'S RESPECTIVE HEALTH CARE CENTERS WITHOUT PREVIOUSLY BEING RESIDENTS OF ARCADIA OR 15 CRAIGSIDE. 3. SUPPORT FOR ARCADIA'S HEALTH CARE CENTERTHE ARCADIA MEMORIAL IRREVOCABLE TRUST FUND UNDER TAF PROVIDED $39,051 IN ADDITIONAL SERVICES AND ITEMS OF CARE AND COMFORT NOT OTHERWISE PROVIDED, FOR THE BENEFIT OF THE RESIDENTS RESIDING IN ARCADIA'S HEALTH CARE CENTER. SERVICES INCLUDED ENTERTAINMENT, A WALKING-COMPANION PROGRAM, AS WELL AS OTHER PERSONAL SERVICES SUCH AS MASSAGES, MANICURES AND PEDICURES.4. CORPORATE DONATIONSTHE AFC MADE COLLECTIVE DONATIONS OVER $15,500 IN 2023 TO COMMUNITY NOT FOR PROFIT ORGANIZATIONS THAT ADMINISTER AND/OR SUPPORT PROGRAMS AND SERVICES FOR SENIORS AND OTHERS IN NEED THROUGHOUT THE COMMUNITY. SOME OF THESE PROGRAMS AND SERVICES INCLUDE THE ALZHEIMER'S ASSOCIATION, FUNDER HUI HEALTHCARE ASSOCIATION OF HAWAII, ST. FRANCIS FOUNDATION, AND THE CAREGIVER FOUNDATION.ON AUGUST 8, 2023, DEVASTATING WILDFIRES SWEPT THROUGH PARTS OF MAUI. THE FIRES CAUSED WIDESPREAD DESTRUCTION OF LAHAINA, A TOWN KNOWN FOR ITS RICH HISTORY AND CULTURAL SIGNIFICANCE. THE DEATH TOLL REACHED AT LEAST 115 PEOPLE, WITH MANY MORE REPORTED MISSING IN THE WEEKS AFTER THE FIRES. IN JUST 3 DAYS FROM AUGUST 16TH TO AUGUST 18TH, RESIDENTS, CLIENTS, MEMBERS, EMPLOYEES AND FAMILIES RAISED $84,223.25 TOWARD FIRE DISASTER RELIEF FOR OUR NEIGHBORS ON MAUI. ALONG WITH THE TAF'S DONATION OF $51,000 AND DOLLAR-FOR-DOLLAR MATCHING UP TO $25,000, THE TOTAL AFC DONATION AMOUNTED TO $160,223 WHICH WERE DISTRIBUTED AMONG 3 NON-PROFIT ORGANIZATIONS THE MAUI FOOD BANK, MAUI HUMANE SOCIETY, AND THE SALVATION ARMY HAWAIIAN AND PACIFIC ISLANDS DIVISION. ADDITIONALLY, RESIDENTS, CLIENTS, MEMBERS, EMPLOYEES AND FAMILIES GRACIOUSLY DONATED TOILETRIES, CLOTHING, BEDDING, HOUSEHOLD GOODS, AND NON-PERISHABLE FOOD ITEMS THAT WERE TRANSPORTED TO MAUI.5. PHILANTHROPIC SUPPORT OF RETIRED UCC MINISTERS AND WORKERSIN AUGUST 2018, TAF HAD THE BOARD'S PERMISSION TO EARMARK UP TO $2,000,000 OVER A 10-YEAR-PERIOD AS A SPECIAL FUND IN SUPPORT OF UCC'S GENERATIONS OF SERVICE CAMPAIGN. THE GOAL OF THE CAMPAIGN WAS TO RAISE $6,000,000 TO SUPPORT RETIRED HAWAII UCC MINISTERS AND RETIRED UCC CHURCH WORKERS. IN 2023, TAF CONTRIBUTED $250,000 TO THE SPECIAL FUND. TO-DATE, $760,800 HAS BEEN DONATED TO THE FUND. 6. USE OF FACILITIESTHE FOLLOWING ARE EXAMPLES OF THE USE OF AFC FACILITIES BY COMMUNITY GROUPS WITHOUT CHARGE. ARCADIA AND 15 CRAIGSIDE SUPPLIED OVER $12,000 IN FOOD, SUPPLIES AND RESOURCES FOR THESE EVENTS.THE NON-PROFIT AND OTHER ORGANIZATIONS HAD MEETINGS AND CONFERENCES AT ARCADIA USING ITS CONFERENCE ROOM, CHAPEL OR SOLARIUM INCLUDED: HAWAII ASSOCIATION OF DIRECTORS OF NURSING ADMINISTRATION, POSITIVE APPROACH TO CARE HUI, KOKUA COUNCIL AND THE HAWAII FAMILY CAREGIVER COALITION. IN JUNE 2023, 15 CRAIGSIDE HOSTED THE ANNUAL OLDER AMERICANS MONTH AWARDS CEREMONY AND LUNCHEON FOR THE EXECUTIVE OFFICE OF AGING AND THE POLICY ADVISORY BOARD FOR ELDER AFFAIRS IN THE SOLARIUM. THE EVENT HONORED OUTSTANDING KUPUNA VOLUNTEERS FROM EACH COUNTY ACROSS THE STATE. 15 CRAIGSIDE PROVIDED LUNCHES AND REFRESHMENTS TO OVER 60 ATTENDEES FOR THE EVENT. 7. COMMUNITY-RELATED VOLUNTEER SERVICE OF EMPLOYEES AND RESIDENTS OF THE ARCADIA FAMILY OF COMPANIESARCADIA AND 15 CRAIGSIDE RESIDENTS VOLUNTEERED FOR NON-PROFIT ORGANIZATIONS. SOME EXAMPLES INCLUDE PREPARING MAILERS AND PACKETS FOR JEWISH COMMUNITY SERVICES OF HAWAII AND KUKUI CENTER; MAKING AND DONATING DOG TREATS TO THE HAWAIIAN HUMANE SOCIETY AND PAWS OF HAWAII; ASSISTING IN INSPECTING AND SORTING PRODUCE DONATIONS AT THE HAWAII FOODBANK; HARVESTING PRODUCE AT WAIALUA HIDDEN FARMS WHICH IS A PARTNERING FARM OF ALOHA HARVEST, AND MAKING BANNERS AND SIGNS AS WELL AS SHOWING SUPPORT FOR THE SIERRA CLUB OF HAWAII'S WALK FOR WATER TO SHUT DOWN RED HILL. ARCADIA AT HOME MEMBERS ALSO VOLUNTEERED AT THE RIVER OF LIFE MISSION TO PROVIDE MEAL SERVICE TO THOSE IN NEED.THE CHIEF EXECUTIVE OFFICER VOLUNTEERED PERSONAL TIME, ESTIMATED IN EXCESS OF 100 HOURS, TALENTS AND SERVICES TO NON-PROFIT ORGANIZATIONS THROUGHOUT THE YEAR. SHE SERVED ON THE OAHU WORKFORCE DEVELOPMENT BOARD (OWDB) IN 2023 AND HELD THE POSITION OF THE CHAIR OF THE PERFORMANCE MEASURES & ACCOUNTABILITY COMMITTEE. OWDB IS ONE OF FOUR LOCAL WORKFORCE DEVELOPMENT BOARDS IN HAWAII ESTABLISHED BY THE FEDERAL WORKFORCE INNOVATION AND OPPORTUNITY ACT (WIOA) OF 2014. THE BOARD IS ADMINISTRATIVELY ATTACHED TO THE DEPARTMENT OF BUDGET AND FISCAL SERVICES AND IS FEDERALLY MANDATED TO OVERSEE WIOA TITLE I PROGRAMS AT THE AMERICAN JOB CENTER HAWAII. ADDITIONALLY, SHE ALSO SERVED ON THE POLICY ADVISORY BOARD FOR ELDERLY AFFAIRS (PABEA), AS WELL AS THE BOARD'S LEGISLATIVE COMMITTEE IN 2023. THIS IS A BOARD THAT PROVIDES COMMUNITY INPUT TO THE EXECUTIVE OFFICE ON AGING (EOA). THE PABEA MEMBERSHIP CONSISTS OF OLDER ADULT CONSUMERS, SERVICE PROVIDERS, AND OTHERS IN THE FIELD OF AGING. PABEA ADVISES THE EOA DIRECTOR IN THE FOLLOWING AREAS: IDENTIFICATION OF ISSUES AND ALTERNATIVE APPROACHES TO SOLUTIONS; THE DEVELOPMENT OF POSITION STATEMENTS AND PAPERS; ADVOCACY AND LEGISLATIVE ACTIONS; AND PROGRAM DEVELOPMENT AND OPERATIONS. 8. COMMUNITY SUPPORT AND PRESENTATIONSARCADIA HAS A PARTNERSHIP WITH WINNERS AT WORK, A NON-PROFIT ORGANIZATION WITH A MISSION OF HELPING DISABLED INDIVIDUALS SEE MEANINGFUL INCLUSION IN THE COMMUNITY. THE AFC HAS AN EMPLOYEE THROUGH THIS PARTNERSHIP IN A POSITION BUILT SPECIFIC TO HER ABILITIES. SHE HAS BEEN A VALUABLE ADDITION TO THE COMPANY SINCE 1997.TO SUPPORT THE CULTIVATION OF THE HEALTHCARE WORKFORCE, ARCADIA AND 15 CRAIGSIDE SERVED AS A TRAINING SITE FOR NURSING STUDENTS FROM KAPIOLANI COMMUNITY COLLEGE. STUDENTS RECEIVED HANDS-ON EXPERIENCE TO PRACTICE WHAT THEY LEARNED IN THE CLASSROOM AT BOTH ARCADIA'S AND 15 CRAIGSIDE'S HEALTH CARE CENTERS. DURING 2023, SEVERAL GROUPS OF 5 TO 8 STUDENTS EACH RECEIVED CLINICAL TRAINING OVER AN EIGHT-DAY PERIOD.IN ORDER TO PROVIDE INFORMATION AND BUILD AWARENESS TO HIGH SCHOOL AND COLLEGE STUDENTS REGARDING SENIOR LIVING, HEALTHCARE PROFESSIONALS OF THE AFC PRESENTED CAREERS AND HEALTH CARE OVERVIEW TO PROGRAMS AT VARIOUS SCHOOLS THROUGHOUT THE YEAR, INCLUDING THE FARRINGTON HEALTH ACADEMY, PEARL CITY HEALTH ACADEMY, KALANI HEALTH ACADEMY, KAPIOLANI COMMUNITY COLLEGE NURSE AIDE PROGRAM, AND THE JOHN A. BURNS SCHOOL OF MEDICINE'S GERIATRIC MEDICINE FELLOWSHIP PROGRAM. ADDITIONALLY, THE AFC HOSTED STUDENT VOLUNTEERS FROM THE KALANI HEALTH ACADEMY AT ARCADIA, 15 CRAIGSIDE, AND THE ARCADIA ADULT DAY CARE CENTER. WE ALSO MENTORED A STUDENT VOLUNTEER AT THE CENTER FOR A SCHOOL YEAR.9. MEAL SERVICE AND DELIVERY TO SENIORS IN HONOLULUDURING THE YEAR, AHHS'S MEAL DELIVERY SERVICE PROGRAM PROVIDED SENIORS IN HONOLULU WITH HOT, NUTRITIOUS MEALS AT REASONABLE PRICES. IN ADDITION, THE MEAL PREPARATION SERVICE WAS ABLE TO ACCOMMODATE CLIENTS NEEDING PARTICULAR DIETS BECAUSE OF HEALTH REASONS, A SERVICE THAT MOST MOBILE MEAL SERVICES ARE UNABLE TO RENDER. OVER 4,500 DELIVERIES WERE MADE IN 2023 WHICH WAS A VITAL SERVICE TO HELP SENIORS TO SAFELY STAY HOME DURING THE PANDEMIC AND LIMIT EXPOSURE.10. HOME CARE IN SUPPORT OF SENIORSAHHS WAS FORMED IN MARCH, 2003 TO PROVIDE QUALITY CARE TO SENIORS IN HONOLULU IN THE COMFORT OF THEIR OWN HOMES. ARCADIA, IN FORMING THIS SUPPORT ORGANIZATION, RECOGNIZED THAT MANY SENIORS WHO COULD USE HELP PREFERRED TO CONTINUE TO LIVE IN THEIR CURRENT RESIDENCES.THE PROGRAM CONTINUES TO PROVIDE REASONABLY PRICED SERVICES BASED ON ARCADIA'S MISSION OF PROVIDING EXCELLENCE IN CARE WITH COMPASSION. THE SERVICES AVAILABLE INCLUDE PERSONAL CARE SERVICES AND COMPANION SERVICES, LIMITED HEALTH CARE SERVICES, HOUSEKEEPING, AND TRANSPORTATION SERVICES. THE PROGRAM SERVED OVER 225 CLIENTS AS OF DECEMBER 31, 2023.11. DEVELOPING A SENIOR COMMUNITY WITHOUT WALLSTHE AFC HAS DEVELOPED AN "LPC WITHOUT WALLS" PROGRAM IN HONOLULU. THIS CONCEPT PROVIDES SERVICES SIMILAR TO THOSE PROVIDED BY ARCADIA AND 15 CRAIGSIDE, INCLUDING A LIFE CARE AGREEMENT, EXCEPT THAT THE SERVICES ARE PROVIDED IN A MEMBER'S HOME FOR THOSE SENIORS WHO PREFER "AGING IN PLACE" AT HOME. DURING 2014, THE HONOLULU COMMUNITY WAS INTRODUCED TO THIS NEW CONCEPT. MEMBER SERVICES COMMENCED IN APRIL 2015. AS OF DECEMBER 31, 2023, THERE WERE 60 MEMBERS IN THE PROGRAM. 12. HALE OLA KINO BY ARCADIATHE AFC ACQUIRED OWNERSHIP AND OPERATIONS OF HALE OLA KINO, A 32-BED SKILLED NURSING HOME IN ONE KALAKAUA SENIOR LIVING ASSOCIATION, RUN BY NATIONAL SENIOR LIVING COMMUNITY OPERATOR LIFE CARE SERVICES, LLC FOR THE PAST 25 YEARS. OPERATIONS UNDER THE AFC STARTED IN NOVEMBER 2022 UNDER A NEWLY INCORPORATED NON-PROFIT, HALE OLA KINO BY ARCADIA (HOKA) WHICH WELCOMED LIFE CARE SERVICES TEAM MEMBERS AND ALLOWED MINIMAL DISRUPTION TO CARE AND SERVICES TO THE RESIDENTS. HAWAII CONTINUES TO SEE SIGNIFICANT GROWTH IN ITS 65-AND-OLDER POPULATION WITH AN AVERAGE GROWTH RATE OF APPROXIMATELY 3.5% ANNUALLY. THERE CONTINUES TO BE A SHORTAGE OF NURSING HOMES IN HAWAII, WITH WAHIAWA GENERAL'S LONG-TERM CARE FACILITY BEING THE LATEST TO SHUT ITS DOORS IN JULY 2022. AFC FELT THAT THIS ACQUISITION WAS THE RIGHT THING TO DO, TO FURTHER ITS MISSION OF SERVING HAWAII'S KUPUNA BY EXPANDING ITS NETWORK OF SERVICES, WHILE INCREASING SUPPORT FOR ITS EXISTING PROGRAMS. TAF CONTRIBUTED $103,500 IN 2022 AND $150,000 IN 2023 FOR THE ACQUISITION AND CONTINUED SUPPORT OF HALE OLA KINO. 32484125 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 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 0 0 1 0 0 0 1 66 0 1 706 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 X VIVIAN LAI 8089410941 1434 PUNAHOU STREET HONOLULU HI 96822 SUZIE SCHULBERG PRESIDENT & CEO 10.00 40.00 X X 0 364773 34049 VIVIAN LAI CFO 10.00 40.00 X X 0 259477 19351 MARTIN ZORN CHAIRMAN 2.00 8.00 X X 0 0 0 KATHY AOKI VICE CHAIR 1.00 3.50 X X 0 0 0 CORLIS CHANG SECRETARY 0.50 4.00 X X 0 0 0 KOREN DREHER TREASURER 0.50 4.00 X X 0 0 0 ANDREW BUNN BOARD MEMBER 0.50 4.00 X 0 0 0 REV DR DAVID POPHAM BOARD MEMBER 0.50 4.00 X 0 0 0 LAURA REICHARDT BOARD MEMBER 0.50 4.00 X 0 0 0 KENT REINKER BOARD MEMBER 0.50 4.00 X 0 0 0 LUCAS SAYIN BOARD MEMBER 0.50 4.00 X 0 0 0 LUZVIMINDA LAZO REGISTERED NURSE 52.00 X 155572 0 35544 SHANNON MIYAZAKI ADMINISTRATOR 50.00 X 127217 0 15977 DELIA GONZALES REGISTERED NURSE 55.00 X 145287 0 19008 IRENE BAKER-AUSBY CLINIC MANAGER 50.00 X 130195 0 17054 ANNA GELINO INFECTION PREVENTIONIST 50.00 X 123725 0 16689 681996 624250 157672 13 0 1 0 CONSTRUCTORS HAWAII INC 1728 KAHAI ST HONOLULU HI 96819 CONTRACTOR 1318709 LM SQUARED LLC 1001 WILDER AVE 705 HONOLULU HI 96822 ADVERTISING SERVICES 852113 RELIANT PRO REHAB 5800 GRANITE PARKWAY PLANO TX 75024 REHABILITATION 589626 ZELINSKY COMPANY 91-310 KOMOHANA ST KAPOLEI HI 96707 CONTRACTOR 445552 EXPRESS SERVICES INC 1130 NIMITZ HWY A135 HONOLULU HI 96817 TEMPORARY STAFFING AGENCY 415214 18 129864 129864 HEALTH CARE SERVICES 623000 14589757 14589757 MONTHY SERVICE CHARGE 623000 13678510 13678510 AMORTIZATION OF ENTRANCE 623000 7962720 7962720 ASSISTED LIVING 623000 1640889 1640889 MISCELLANEOUS 623000 450710 450710 38322586 456803 456803 8205952 1500 8633962 378708 -428010 -377208 -805218 -805218 REGISTRATION FEE 900099 10000 10000 10000 38114035 38332586 0 -348415 3823 3823 13398822 13131346 267476 917985 902238 15747 1889279 1847824 41455 1037750 1016582 21168 2120522 1555704 564818 27408 21434 5974 42189 42189 109001 109001 2832937 2813911 19026 235036 235036 1329821 1167645 162176 392436 164548 227888 1667511 1593986 73525 18688 17136 1552 2472966 2472966 377045 109655 267390 FOOD 3023330 3023330 REPAIRS AND MAINTENANCE 1217489 1217489 ALLOCATED EXPENSES 651577 -491825 1143402 RESIDENT SUBSIDIES 634227 634227 1292556 1047070 245486 35692398 32484125 3208273 0 1266814 4546892 1146402 546649 1828897 1720876 246311 240748 356258 277740 69232805 38418024 29950500 30814781 16672385 21100724 22762359 25663984 74229926 84912394 1973255 2893627 41481088 46583538 413490 596475 43867833 50073640 X 30362093 34838754 30362093 34838754 74229926 84912394 2421637 2055024 0 X 0 1 X 1 0 X 120742 1415421 247359 583229 129864 2496615 32478667 33382178 34234076 35191840 38322566 173609327 32599409 34797599 34481435 35775069 38452430 176105942 0 0 0 176105942 626164 498943 401817 429800 456803 2413527 626164 498943 401817 429800 456803 2413527 9600 4600 5800 6600 10000 36600 33235173 35301142 34889052 36211469 38919233 178556069 0.98630 0.98450 0.01350 0.01530 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 9,600. 2020 AMOUNT: $ 4,600. 2021 AMOUNT: $ 5,800. 2022 AMOUNT: $ 6,600. 2023 AMOUNT: $ 10,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12500000 12500000 50037078 33199288 16837790 4683663 4035812 647851 2012064 1182924 829140 30814781 INVESTMENT - BERNSTEIN 2099438 F INVESTMENT - COVINGTON CHARLES SCHWAB 19001286 F 21100724 INTERCOMPANY RECEIVABLES 24429409 SECURITY DEPOSITS 25 ACCRUED INTEREST AND OTHER RECEIVABLES 1234550 25663984 APARTMENT APPLICATION DEPOSITS 596475 596475 X PART X, LINE 2: IN EVALUATING A TAX POSITION FOR RECOGNITION, ARCADIA EVALUATES WHETHER IT IS MORE-LIKELY-THAN-NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. IF THE TAX POSITION MEETS THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE TAX POSITION IS MEASURED AND RECOGNIZED ON THE ENTITIES' FINANCIAL STATEMENTS AS THE LARGEST AMOUNT OF TAX BENEFIT THAT, IN MANAGEMENT'S JUDGMENT, IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. ARCADIA FILES INFORMATION RETURNS IN THE UNITED STATES (U.S.) FEDERAL JURISDICTION. ARCADIA'S EVALUATION OF TAX POSITIONS WAS PERFORMED FOR THE 2020 THROUGH 2023 TAX YEARS FOR THE U.S. FEDERAL JURISDICTION, THE TAX YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AS OF DECEMBER 31, 2023 DUE TO THE STATUTES OF LIMITATIONS. ARCADIA DID NOT RECOGNIZE ANY TAX LIABILITIES FOR INCOME TAX ASSOCIATED WITH UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2023 AND 2022. IT IS ARCADIA'S POLICY TO RECOGNIZE INTEREST ACCRUED RELATED TO UNDERPAYMENT OF INCOME TAXES IN INTEREST EXPENSE AND PENALTIES IN ADMINISTRATIVE EXPENSES. 0 0 0 0 0 0 0 0 0 SUZIE SCHULBERG PRESIDENT & CEO 0 307807 0 45000 0 11966 0 27343 0 6706 0 398822 0 0 VIVIAN LAI CFO 0 217060 0 33650 0 8767 0 19351 0 0 0 278828 0 0 LUZVIMINDA LAZO REGISTERED NURSE 150940 0 1200 0 3432 0 15425 0 20119 0 191116 0 0 0 DELIA GONZALES REGISTERED NURSE 140160 0 1200 0 3927 0 12366 0 6642 0 164295 0 0 0 PART I, LINE 3 THE CEO AND CFO ARE COMPENSATED BY A RELATED ORGANIZATION. THE SALARY AND COMPENSATION OF THE CEO IS RECOMMENDED BY THE EXECUTIVE COMMITTEE OF THE BOARD AND THEN REVIEWED AND VOTED UPON BY THE FULL BOARD. THE SALARY AND COMPENSATION OF OTHER MANAGEMENT EMPLOYEES ARE SET BY MANAGEMENT UNDER THE DIRECTION OF THE CEO, WHICH IS NOT SPECIFICALLY REVIEWED BY THE BOARD. IN DETERMINING COMPENSATION, MANAGEMENT, IN PART, RELIES ON THE FINDINGS OF THE HUMAN RESOURCES DEPARTMENT IN REVIEWING COMPENSATION OF LOCAL BUSINESSES (AS PROVIDED BY THE HAWAII EMPLOYER'S COUNCIL) AND LOCAL AND NATIONAL COMPENSATION STUDIES FOR CONTINUING CARE RETIREMENT COMMUNITIES, GENERAL HEALTHCARE, HOSPITALITY, AND OTHER INDUSTRIES. THE COMPENSATION ANALYSIS AND SUPPORTING DATA ARE PREPARED AT LEAST ANNUALLY AND MAINTAINED BY HUMAN RESOURCES. COMPENSATION FOR ALL EMPLOYEES IN THE FAMILY OF COMPANIES IS PART OF THE ANNUAL BUDGETS PREPARED FOR THE COMPANIES AND APPROVED BY THE BOARDS. THE COMPENSATION ANALYSIS IS ALSO UPDATED DURING THE YEAR AS UPDATED COMPENSATION SURVEYS AND INDUSTRY DATA IS OBTAINED. THE ANALYSES ARE PRESENTED TO THE COMPENSATION COMMITTEE WHICH IS MADE UP OF SOME OF THE EXECUTIVE LEADERSHIP TEAM MEMBERS. FORM 990, PART VI, SECTION A, LINE 6 CENTRAL UNION CHURCH IS THE SOLE MEMBER OF ARR. FORM 990, PART VI, SECTION A, LINE 7A ARCADIA COMMUNITY SERVICES' BOARD OF DIRECTORS APPOINTS THE PRESIDENT/CEO. ARCADIA COMMUNITY SERVICES' BOARD OF DIRECTORS ALSO APPOINTS THE BOARD OF DIRECTORS OF ARCADIA RETIREMENT RESIDENCE. FORM 990, PART VI, SECTION A, LINE 7B SALE OR MERGER, OR DISSOLUTION OF THE CORPORATION IS SUBJECT TO CENTRAL UNION CHURCH, SOLE MEMBER, APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B A COMPLETE FORM 990 IS PROVIDED TO EACH MEMBER OF THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS CONFLICT OF INTEREST POLICIES WHICH COVER OFFICERS, DIRECTORS AND KEY EMPLOYEES OF ALL ENTITIES UNDER THE ARCADIA FAMILY OF COMPANIES. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST AND ALL MATERIAL FACTS TO THE GOVERNING BOARD. THE REMAINING BOARD MEMBERS SHALL DISCUSS AND DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF A CONFLICT EXISTS, THE DISINTERESTED BOARD MEMBERS MUST EXERCISE DUE DILIGENCE AND DETERMINE BY A MAJORITY VOTE WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, AND DETERMINE WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. THE INTERESTED PERSON IS PROHIBITED FROM PARTICIPATING IN THE BOARD'S DELIBERATIONS AND DECISIONS IN THE TRANSACTION. IN ADDITION, THE CONFLICT DISCLOSURE REQUEST TO BOARD MEMBERS IS CONDUCTED ANNUALLY. FOR EMPLOYEES, POTENTIAL AND ACTUAL CONFLICTS OF INTEREST MUST IMMEDIATELY BE DISCLOSED TO EMPLOYEE'S IMMEDIATE SUPERVISOR OR DEPARTMENT DIRECTOR/MANAGER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ARCADIA FOUNDATION 1434 PUNAHOU STREET HONOLULU HI 96822 990335929 NFP HI 501(C)(3) TYPE I ARCADIA COMMUNITY SERVICES 0 ARCADIA ELDER SERVICES 1434 PUNAHOU STREET HONOLULU HI 96822 990354438 NFP HI 501(C)(3) TYPE I ARCADIA COMMUNITY SERVICES 0 ARCADIA HOME HEALTH SERVICES 1434 PUNAHOU STREET HONOLULU HI 96822 200411818 NFP HI 501(C)(3) PUBLIC SUPPORT ARCADIA COMMUNITY SERVICES 0 CRAIGSIDE RETIREMENT RESIDENCE 1434 PUNAHOU STREET HONOLULU HI 96822 352272376 NFP HI 501(C)(3) PUBLIC SUPPORT ARCADIA COMMUNITY SERVICES 0 ARCADIA COMMUNITY SERVICES 1434 PUNAHOU STREET HONOLULU HI 96822 272053477 NFP HI 501(C)(3) TYPE II N/A 0 ARCADIA AT HOME 1434 PUNAHOU STREET HONOLULU HI 96822 463228530 NFP HI 501(C)(3) PUBLIC SUPPORT ARCADIA COMMUNITY SERVICES 0 ARCADIA ADULT DAY CARE AND DAY HEALTH CENTER 1434 PUNAHOU STREET HONOLULU HI 96822 854255141 NFP HI 501(C)(3) TYPE II ARCADIA COMMUNITY SERVICES 0 HALE OLA KINO BY ARCADIA 1434 PUNAHOU STREET HONOLULU HI 96822 883591628 NFP HI 501(C)(3) TYPE II ARCADIA COMMUNITY SERVICES 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 1 0 0