2023-11-15T11:20:29-06:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2022-01-01 910963214 ELISEO ELIS 2537527112 1301 NORTH HIGHLANDS PARKWAY TACOMA WA 98406 R KEVIN MCFEELY PRESIDENT/CEO 2537527112 2023-11-14 1 R KEVIN MCFEELY 999009999 0 KURT BENNION CPA P01469618 4252506100 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z R KEVIN MCFEELY 1301 NORTH HIGHLANDS PARKWAY TACOMA WA 98406 24609588 0 X WWW.ELISEO.ORG X 1938 WA ELISEO IS A NOT-FOR-PROFIT LIFE PLAN COMMUNITY. 12 12 364 34 0 0 5644245 584156 20180042 23760830 85777 -639701 204878 174096 26114942 23879381 9366 0 0 0 14067997 16225232 0 0 0 11046037 12822214 25123400 29047446 991542 -5168065 107438418 105890001 104065977 108765996 3372441 -2875995 ELISEO IS A NOT-FOR-PROFIT LIFE PLAN COMMUNITY COMMITTED TO ENRICHING LIVES IN A VIBRANT AND CHRIST-CENTERED ENVIRONMENT PROVIDING EXCEPTIONAL SENIOR HOUSING AND SERVICES. 0 0 23935201 0 23760830 ELISEO IS ONE OF THE LARGEST LIFE PLAN COMMUNITIES IN PIERCE COUNTY, PROVIDING HEALTH CARE SERVICES AND A VARIETY OF RESIDENTIAL ACCOMODATIONS FOR OVER 350 SENIORS DAILY. FOR OVER 80 YEARS, ELISEO HAS GROWN AND CHANGED WITH THE CHANGING NEEDS OF SENIORS IN OUR COMMUNITY. WE OFFER A FULL CONTINUUM OF CARE AND SERVICES INCLUDING ACTIVE RETIREMENT LIVING, ASSISTED SENIOR LIVING, LONG-TERM CARE, DEMENTIA CARE, RESPITE CARE, SHORT-TERM MEDICAL CARE, REHABILITATION SERVICES, AND END-OF-LIFE CARE. WE HAVE A REPUTATION FOR AFFORDABLE, QUALITY CARE AND QUALITY SENIOR LIVING FOR ALL. OUR FAITH-BASED COMMUNITY WELCOMES SENIORS OF ALL RELIGIOUS DENOMINATIONS AND BELIEFS. WE ARE MINDFUL OF ONE'S PHYSICAL, EMOTIONAL AND SPIRITUAL HEALTH. 23935201 1 1 0 1 0 0 0 1 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 45 0 364 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X DAVID HOFFMAN 2537527112 1301 NORTH HIGHLANDS PARKWAY TACOMA WA 98406 R KEVIN MCFEELY PRESIDENT/CEO 27.50 22.50 X 414994 0 34788 DAVID HOFFMAN CFO 47.50 2.50 X 310188 0 23626 VIVIAN SPITZA NURSE 50.00 0.00 X 130238 0 8847 SUSAN MUTHEE NURSE 50.00 0.00 X 127059 0 9822 LYDIA ASARE NURSE 50.00 0.00 X 121673 0 7330 SHERI PFOST NURSE 50.00 0.00 X 120552 0 7149 BRITA CARPENTER NURSE 50.00 0.00 X 110781 0 6868 RON KEMPE CHAIR 2.00 2.00 X X 0 0 0 DANIEL HOFFMAN VICE CHAIR 2.00 0.00 X X 0 0 0 JAN LENG SECRETARY (THROUGH MARCH 2022) 2.00 0.00 X X 0 0 0 LYNN RIEGEL BOARD MEMBER & SECRETARY 2.00 0.00 X X 0 0 0 SCOTT RICHIE TREASURER 2.00 0.00 X X 0 0 0 JOSEPH ANDERSON BOARD MEMBER 2.00 0.00 X 0 0 0 STEVE DUNCAN BOARD MEMBER 2.00 0.00 X 0 0 0 LARRY GAFFNEY BOARD MEMBER (THROUGH MARCH 2022) 2.00 0.00 X 0 0 0 JANIS GRAVES BOARD MEMBER 2.00 0.00 X 0 0 0 ED LARSON BOARD MEMBER 2.00 2.00 X 0 0 0 JESSIE MCKENZIE BOARD MEMBER 2.00 0.00 X 0 0 0 JANET MONROE BOARD MEMBER 2.00 0.00 X 0 0 0 HON KATHRYN J NELSON BOARD MEMBER 2.00 0.00 X 0 0 0 MARC STRELESKI BOARD MEMBER 2.00 2.00 X 0 0 0 1335485 0 98430 13 0 1 0 WALSH CONSTRUCTION 315 S 54TH AVENUE SUITE 600 SEATTLE WA 98104 CONSTRUCTION SERVICES 32443621 FOREFRONT HEALTHCARE 1117 GRISWOLD SUITE 1114 DETROIT MI 48226 ENVIRONMENTAL SERVICES 2120533 CORNERSTONE STAFFING 4115 BRIDGEPORT WAY W SUITE A UNIVERSITY PLACE WA 98466 MEDICAL STAFFING 1127925 CONSONUS REHAB PO BOX 4800 PORTLAND OR 972084800 THERAPY SERVICES 946377 UNWIRED ENGINEERING PO BOX 11037 CHANDLER AZ 85248 LOW VOLTAGE 851798 25 350562 233594 584156 PATIENT REVENUE, NET 623000 16788445 16788445 INDEPENDENT LIVING 623000 2620062 2620062 ASSISTED LIVING 623000 2512010 2512010 MEMORY CARE 623000 1127054 1127054 ENTRANCE FEES EARNED 623000 713259 713259 23760830 90506 90506 655457 74750 -655457 -74750 -730207 -730207 OTHER REVENUE 623000 174096 174096 174096 23879381 23760830 0 -465605 X 783596 571711 211885 13062776 11462248 1600528 1347920 1094025 253895 1030940 926842 104098 41095 41095 51961 51961 5323809 4881499 442310 1575964 34897 1541067 217990 20485 197505 1711 1711 1715757 1715757 77892 55949 21943 156506 113600 42906 37982 17245 20737 1529576 1529576 MEDICAL SUPPLIES 1130902 940041 190861 BAD DEBTS 414280 414280 MENTOR/RECRUITING 378579 377656 923 DUES & SUBSCRIPTIONS 92364 19406 72958 75846 174264 -98418 29047446 23935201 5112245 0 4632174 3048944 4126 113901 1678919 1496378 40543 45196 413391 378734 95392549 31298069 24721172 64094480 3273732 1559418 72674361 35152950 107438418 105890001 4586640 8372028 4458458 5695163 84898971 84875173 200755 144920 7677200 7500000 2243953 2178712 104065977 108765996 X 3372441 -2875995 3372441 -2875995 107438418 105890001 X -5168065 -1079498 -873 X 0 1 X 1 0 X 113287 226964 336140 5644245 584156 6904792 21006798 20902931 22669881 20180042 23760830 108520482 21120085 21129895 23006021 25824287 24344986 115425274 0 0 0 115425274 75784 89361 87636 81390 905006 1239177 75784 89361 87636 81390 905006 1239177 648864 595363 531760 426966 174096 2377049 21844733 21814619 23625417 26332643 25424088 119041500 0.96960 0.97340 0.01040 0.00340 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 410 410 0 PART II-B, LINE 1: THE ORGANIZATION PAYS MEMBERSHIP DUES TO LEADINGAGE WASHINGTON, WHICH LOBBIES ON BEHALF OF ALL OF ITS MEMBERS. 0 20000 X 0 0 1 X 1085133 1085133 33920201 24957179 8963022 1381142 1024349 356793 7552542 5316541 2236001 51453531 51453531 64094480 RESIDENT TRUST FUNDS 7920 OTHER ASSETS 78093 ASSETS LIMITED AS TO USE - BOND FUNDS 31964166 ENTRANCE FEE DEPOSITS 2102771 RELATED PARTY RECEIVABLE 1000000 35152950 ANNUITIES PAYABLE 75940 REFUNDABLE ENTRANCE FEE DEPOSITS 2102772 2178712 X PART III, LINE 4: THE ORGANIZATION HOLDS SEVERAL WORKS OF ART THAT ARE ON DISPLAY IN VARIOUS LOCATIONS WITHIN OUR FACILITIES FOR THE ENJOYMENT OF OUR RESIDENTS AND VISITORS. PART IV, LINE 2B: PROSPECTIVE RESIDENTS MAKE REFUNDABLE WAIT LIST DEPOSITS. DEPOSITS ARE FULLY REFUNDABLE IF THE INDIVIDUAL WISHES TO BE REMOVED FROM THE WAIT LIST OR ARE APPLIED TO RENT WHEN THE INDIVIDUAL MOVES IN. THE ORGANIZATION HOLDS RESIDENT FUNDS IN TRUST IN A SEPARATE INTEREST-BEARING ACCOUNT. RESIDENTS CAN ACCESS THEIR FUNDS DURING REGULAR BUSINESS HOURS EVERY DAY OF THE WEEK. FUNDS ARE HELD FOR VARIOUS RESIDENT-RUN PROGRAMS. THE RESIDENT GROUPS MAKE REQUESTS FOR FUNDS TO BE DEPOSITED OR DISBURSED AND THE ORGANIZATION ACTS AS FIDUCIARY ON THEIR BEHALF. PART X, LINE 2: ELISEO HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED ACTIVITIES. NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. X 1 1 X X X X X 0 0 0 0 0 0 0 0 0 R KEVIN MCFEELY PRESIDENT/CEO 414994 0 0 0 0 0 0 0 34788 0 449782 0 0 0 DAVID HOFFMAN CFO 310188 0 0 0 0 0 0 0 23626 0 333814 0 0 0 PART I, LINE 1B ELISEO'S LEADERS RECEIVE HOLIDAY BONUSES THAT RANGE FROM $250 TO $600 AND ARE GROSSED UP FOR TAX PURPOSES. THESE AMOUNTS ARE INCLUDED IN TAXABLE COMPENSATION. A WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 939783G91 2021-09-30 86874245 REFUND SERIES 2013 BONDS; FACILITY CONSTRUCTION AND RENOVATION 0 0 0 A 86874245 3895279 1711423 49280411 31987132 2023 1 1 0 0 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE OF THE BOARD OF GOVERNORS CONSISTS OF THE OFFICERS OF THE BOARD. IT HAS GENERAL MANAGEMENT OVER THE FACILITIES, SUBJECT TO THE INSTRUCTIONS OF THE BOARD, AND HAS THE POWER TO TRANSACT ALL REGULAR BUSINESS BETWEEN REGULAR BOARD MEETINGS SUBJECT TO ANY LIMITATIONS PLACED ON IT BY THE BOARD. FORM 990, PART VI, SECTION A, LINE 4 THE ARTICLES AND BYLWS WERE AMENDED IN MAY 2022 TO MAKE FUTURA AGE THE SOLE MEMBER OF ELISEO AND TO TRANSFER ALL MEMBER'S RIGHTS TO FUTURA AGE, ALTHOUGH FUTURA AGE'S RIGHTS DO NOT TAKE EFFECT UNTIL JANUARY 1, 2023. FORM 990, PART VI, SECTION A, LINE 6 THROUGH MAY 2022, ELIGIBLE MEMBERS OF THE ORGANIZATION CONSISTED OF LUTHERAN CONGREGATIONS IN PIERCE COUNTY AND OTHER CONGREGATIONS; PROVIDED, HOWEVER, AT LEAST ONE MEMBER WAS FROM THE ELCA AND ONE MEMBER WAS FROM THE LCMS. AS OF MAY 2022, THE SOLE MEMBER OF THE ORGANIZATION IS FUTURA AGE. FORM 990, PART VI, SECTION A, LINE 7A THROUGH MAY 2022, THE MEMBERS OF THE ORGANIZATION EACH APPOINTED UP TO THREE DELEGATES. THE DELEGATES ELECTED THE MEMBERS OF THE BOARD OF GOVERNORS. ADDITIONALLY, THE BOARD CHAIR OF ELISEO FOUNDATION WAS A VOTING BOARD MEMBER OF ELISEO BY VIRTUE OF THEIR CHAIR POSITION ON THE FOUNDATION'S BOARD. FORM 990, PART VI, SECTION A, LINE 7B THROUGH MAY 2022, THE DELEGATES APPOINTED BY THE MEMBERS HAD THE POWER TO APPROVE OR DISAPPROVE (A) ANY AMENDMENTS TO THE ARTICLES OF INCORPORATION, (B) ANY AMENDMENTS TO THE BYLAWS, AND (C) ANY RESOLUTION TO DISSOLVE THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE FORM 990 WAS REVIEWED BY THE CFO AND DISTRIBUTED TO ALL BOARD MEMBERS. AFTER FILING, THE FORM 990 IS BEING REVIEWED BY THE BOARD OF GOVERNORS' FINANCE COMMITTEE, THEN REVIEWED AND APPROVED BY THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES MEMBERS OF THE BOARD OF GOVERNORS AND EXECUTIVE OFFICERS TO ANNUALLY DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. OTHER THAN ANNUALLY WHEN THEY SIGN THE CONFLICT OF INTEREST DISCLOSURE, BOARD MEMBERS ARE EXPECTED TO DISCLOSE ANY POTENTIAL CONFLICTS WHEN ISSUES ARISE AND EXCUSE THEMSELVES FROM DISCUSSIONS AND VOTING ON THOSE ISSUES. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO AND TOP MANAGEMENT OFFICIALS IS DETERMINED BASED ON ANNUAL SALARY SURVEYS. THE BOARD REVIEWS AND APPROVES THE CEO'S COMPENSATION. THE CEO REVIEWS AND APPROVES THE OTHER EXECUTIVES' COMPENSATION. THE PROCESS WAS LAST COMPLETED IN 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER SERVICES: PROGRAM SERVICE EXPENSES 4,881,499. MANAGEMENT AND GENERAL EXPENSES 442,310. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 5,323,809. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF ANNUITIES -873. AGE DIFFERENTLY CONSULTING AND MANAGEMENT LLC 1301 N HIGHLANDS PARKWAY TACOMA WA 98406 464732659 ENHANCE SERVICES TO THE ELDERLY WA 0 0 ELISEO TACOMA LUTHERAN HOME LLC 1301 N HIGHLANDS PARKWAY TACOMA WA 98406 910963214 PROPERTY HOLDING COMPANY WA 0 0 ELISEO ELISEO FOUNDATION 1301 N HIGHLANDS PARKWAY TACOMA WA 98406 943031579 FUNDRAISING WA 501(C)(3) LINE 12A, I ELISEO 1 FOSS HOME & VILLAGE 13023 GREENWOOD AVENUE N SEATTLE WA 98133 910573114 NURSING HOME AND ASSISTED LIVING WA 501(C)(3) LINE 10 N/A 0 FUTURA AGE 1301 N HIGHLANDS PARKWAY TACOMA WA 98406 882748740 MANAGEMENT SERVICES WA 501(C)(3) N/A 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 1 0 0 ELISEO FOUNDATION C 350562 CASH