2022-04-09T10:16:14-05:00 2021-06-30 200079326 DINGUS ZARECOR & ASSOCIATES PLLC 12015 E MAIN AVE SPOKANE VALLEY WA 99206 990 2020-07-01 911833480 MARY'S WOODS AT MARYLHURST INC MARY 5036752004 17400 HOLY NAMES DRIVE SUITE 70 LAKE OSWEGO OR 97034 KIMBERLY SCOTT CFO 5036752004 2022-04-01 true KIMBERLY SCOTT 999009999 THOMAS DINGUS P00951009 5092420874 2022-04-09 2020 2022-09-23 18:48:47Z KIMBERLY SCOTT 17400 HOLY NAMES DRIVE SUITE 70 LAKE OSWEGO OR 97034 66568967 false X WWW.MARYSWOODS.ORG X 1997 OR TO PROVIDE RETIREMENT HOUSING THROUGH A CONTINUING CARE RETIREMENT COMMUNITY (ALSO KNOWN AS A LIFE PLAN COMMUNITY) WITH A RANGE OF LIVING OPTIONS THAT INCLUDE: INDEPENDENT LIVING, ASSISTED LIVING, MEMORY SUPPORT AND RESIDENTIAL CARE. 15 15 626 100 0 416516 4218220 33808585 35734042 2024928 3342046 905563 860001 37155592 44154309 188618 198699 0 18422886 18804359 0 262922 26743878 29000360 45355382 48003418 -8199790 -3849109 273591814 331910754 333859688 391671439 -60267874 -59760685 X TO ENSURE THE DIGNITY, INDEPENDENCE, WELL-BEING AND SECURITY OF OLDER PERSONS BY PROVIDING INDIVIDUALS A CONTINUUM OF HOUSING, HEALTH, AND EDUCATIONAL SERVICES. SEE SCHEDULE O FOR MORE ON BACKGROUND AND MISSION. false false 42658386 198699 35734042 MARY'S WOODS IS A CONTINUING CARE RETIREMENT COMMUNITY (ALSO KNOWN AS A LIFE PLAN COMMUNITY) LOCATED IN THE PORTLAND METROPOLITAN AREA WHICH PROVIDES A CONTINUUM OF HOUSING, HEALTH AND EDUCATIONAL SERVICES TO THOSE 62 YEARS OF AGE AND OLDER. SERVICES PROVIDED TO ITS RESIDENT POPULATION INCLUDE INDEPENDENT AND SUPPORTED HOUSING, HEALTH CARE SUPPORT, WELLNESS PROGRAMMING, EDUCATIONAL, SOCIAL AND CULTURAL ACTIVITIES, AND SPIRITUAL CARE. THE RESIDENT POPULATION IS APPROXIMATELY 686 INDIVIDUALS, WITH THE VAST MAJORITY LIVING INDIVIDUALLY IN 481 APARTMENTS AND VILLAS. AS PART OF ITS CONTINUING CARE COMMITMENT, MARY'S WOODS ALSO SUPPORTS TWO HEALTH CARE CENTERS WHICH CAN HOUSE APPROXIMATELY 160 RESIDENTS IN ASSISTED LIVING, RESIDENTIAL CARE, AND MEMORY CARE PROGRAMS. SEE CONTINUATION ON SCHEDULE O. 42658386 true true false false false false false false false true true false false false true true true false false false false false false false false false false false true true true false false false false false false false false false false false false false false false false false false false true 51 0 true 626 true false false false false false false false false false false false false X 15 15 false false false false true true true true true false false true true true true true true true true false OR X KIMBERLY SCOTT 5036752004 17400 HOLY NAMES DRIVE SUITE 70 LAKE OSWEGO OR 97034 KATHY LEVEE CHAIR 2.00 X X 0 0 0 JACQUELINE GALLO PAST CHAIR 2.00 X X 0 0 0 RUTH JOHANSON VICE CHAIR 2.00 X X 0 0 0 ROBERT TUST TREASURER 2.00 X X 0 0 0 LYNDA THOMPSON SECRETARY 2.00 X X 0 0 0 DICK CLARK BOARD MEMBER 2.00 X 0 0 0 BECKY GRAHAM BOARD MEMBER 2.00 X 0 0 0 CRAIG KELLY BOARD MEMBER 2.00 X 0 0 0 VICKI NAKASHIMA BOARD MEMBER 2.00 X 0 0 0 BRIDGET OTTO BOARD MEMBER 2.00 X 0 0 0 KATHY PARK BOARD MEMBER 2.00 X 0 0 0 CAROLYN SNOW BOARD MEMBER 2.00 X 0 0 0 CAROL HIGGINS MEMBER TIER 2.00 X 0 0 0 BILL WARNER RESIDENT REP 2.00 X 0 0 0 MARSHALL WATKINS RESIDENT REO 2.00 X 0 0 0 DIANE HOOD CEO 50.00 X 331092 0 37031 KIMBERLY SCOTT CFO 45.00 X 201768 0 32805 RALF BRABANDT COO 45.00 X 192048 0 28775 KEVIN HABERMAN VP OF ENVIRO 45.00 X 180367 0 22361 CHERYL MUSSOTTO-CONYERS VP OF MARKET 45.00 X 180354 0 24897 LORETTA MICHAELSON HR DIRECTOR 45.00 X 165658 0 15984 NANCY KOERNER VP OF HEALTH 45.00 X 156868 0 15284 1408155 177137 10 false true false RH CONSTRUCTION 2019 NW WILSON STREET PORTLAND OR 97209 CONSTRUCTION 1307433 INTERSTATE ROOFING 15065 SW 74TH AVE PORTLAND OR 97224 ROOFING 1208002 STORM LANDSCAPING PO BOX 230235 PORTLAND OR 97281 LANDSCAPING 554670 EXECUTIVE SECURITY SERVICES PO BOX 272 WEST LINN OR 97068 SECURITY 318652 GLYNN DEVINS INC 8880 WARD PACKWAY STE 400 KANSAS CITY MO 64114 MARKETING 287136 16 3860877 357343 10445 4218220 RESIDENT SERVICES 623311 31293964 31293964 EARNED ENTRANCE FEE 623311 4440078 4440078 35734042 1349585 1349585 25980 25980 25980 25980 24367496 22375035 1992461 1992461 1992461 58804 39623 19181 19181 OTHER REVENUE 900099 624993 624993 FOOD SERVICE REVENUE 722320 189847 189847 814840 44154309 35734042 4202047 198699 198699 569614 569614 14898895 12544854 2147760 206281 331762 284360 42373 5029 1603394 1376244 211328 15822 1400694 1187302 195006 18386 85127 85127 127175 127175 93271 93271 2205182 1419518 780506 5158 1888 1888 1210536 819498 388162 2876 3274 3274 5881537 5844413 35617 1507 59244 59244 108289 28440 77010 2839 6401282 6355069 45271 942 8517639 8462797 52790 2052 1041545 1035530 5683 332 FOOD SERVICE COSTS 1990963 1990963 COVID 19 EXPENSES 656102 656102 REPAIRS & MAINTENANCE 123877 123877 MEDICAL SUPPLIES & DRUGS 105419 105419 388010 166057 220255 1698 48003418 42658386 5082110 262922 3 2118741 1232146 1328444 1273691 75749 66434 2001146 421955 335247257 62533266 208106866 272713991 36087102 44529823 379528 401033 23494235 11271681 273591814 331910754 3630492 3455389 34778619 34366609 136087450 126791581 159363127 227057860 333859688 391671439 X -62911179 -63104279 2643305 3343594 -60267874 -59760685 273591814 331910754 X -3849109 4375821 -19523 X false true X true false X 408976 379871 595869 416516 4218220 6019452 26060907 26705491 26632575 33808585 35734042 148941600 26469883 27085362 27228444 34225101 39952262 154961052 154961052 463281 721608 1168512 1552401 1375565 5281367 463281 721608 1168512 1552401 1375565 5281367 653523 663112 862985 944690 814840 3939150 27586687 28470082 29259941 36722192 42142667 164181569 0.94380 0.94680 0.03000 0.03000 X PART III, LINE 12 FOOD SERVICE REVENUE 1,787,050 OTHER REVENUE 2,152,100 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2501476 210347 678075 -198963 3190935 2373673 294424 82234 -248855 2501476 2196856 255258 105736 -184177 2373673 2027114 217848 144361 -192467 2196856 1769116 199128 248500 -189630 2027114 0.03000 0.97000 false false 67533232 67533232 240406868 47082154 193324714 26941351 15451112 11490239 365806 365806 272713991 REFUNDABLE ENTRANCE FEES 156917334 OPERATING LEASE LIABILITY 68729696 DEPOSITS 1410830 227057860 X 48417336 4375821 4375821 44041515 93271 19523 112794 44154309 47910147 47910147 93271 93271 48003418 SCHEDULE D, PAGE 2, PART V, LINE 4 THE FUNDS ARE AVAILABLE FOR CHARITY CARE TO RESIDENTS WHO THROUGH NO FAULT OF THEIR OWN, ARE UNABLE TO PAY THEIR MONTHLY SERVICE FEES. SCHEDULE D, PAGE 3, PART X THE INTERNAL REVENUE SERVICE (IRS) HAS RECOGNIZED MARY'S WOODS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE SERVICE AS ON ORGANIZATION DESCRIBED IN SECTION(C)(3) OF THE IRS, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME TAX UNDER IRS SECTIONS 511-515. NO INCOME TAX IS RECORDED. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MARY'S WOODS'MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY MARY'S WOODS AND RECOGNIZED A TAX LIABILITY (OR ASSET) IF MARY'S WOODS HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGEMENT HAS ANALYZED TAX POSITIONS TAKE BY MARY'S WOODS AND HAS CONCLUDED THAT AS OF JUNE 30, 2021, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MARY'S WOODS IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. SCHEDULE D, PAGE 4, PART XI, LINE 4B CHANGE IN GIFT ANNUITY PAYABLE 19,523 true RESIDENT ASSISTANCE 3 198699 SCHEDULE I, PAGE 1, PART I, LINE 2 MARY'S WOODS PROVIDES ASSISTANCE IN THE FORM OF MONTHLY SERVICE FEE GRANTS FOR THOSE RESIDENTS OF THE CONTINUING CARE RETIREMENT COMMUNITY THAT THROUGH NO FAULT OF THEIR OWN, ARE NOT ABLE TO PAY THEIR TOTAL MONTHLY SERVICE FEE FOR HOUSING AND HEALTH CARE SERVICES. MARY'S WOODS FINANCIAL ASSISTANCE OF ITS RESIDENTS IS MONITORED BY THE BOARD FINANCE COMMITTEE AND MANAGEMENT. REQUESTS FOR FINANCIAL ASSISTANCE GENERALLY ARE INITIATED FROM THE CFO AND APPROVED BY THE CEO AND/OR THE BOARD FINANCE COMMITTEE PRIOR TO DISBURSEMENT. X X X X false true false false false false false false false DIANE HOOD CEO 324132 6960 14016 23015 368123 KIMBERLY SCOTT CFO 197468 4300 9790 23015 234573 RALF BRABANDT COO 187748 4300 9207 19568 220823 KEVIN HABERMAN VP OF ENVIRONMENTAL 175517 4850 7671 14690 202728 CHERYL MUSSOTTO-CONYERS VP OF MARKETING 177234 3120 8633 16264 205251 LORETTA MICHAELSON HR DIRECTOR 162578 3080 7842 8142 181642 NANCY KOERNER VP OF HEALTH SERVICE 155368 1500 7734 7550 172152 SCHEDULE J, PAGE 1, PART I, LINE 4 DIANE HOOD 0 19,500 0 KIMBERLY SCOTT 0 13,500 0 RALF BRABANDT 0 19,500 0 KEVIN HABERMAN 0 23,640 0 CHERYL MUSSOTTO-CONYERS 0 28,111 0 SCHEDULE J, PART III DIANE HOOD, KIMBERLY SCOTT, KEVIN HABERMAN, CHERYL MUSSOTTO-CONYERS, AND RALF BRABANDT PARTICIPATED IN AN ELECTIVE DEFERRED COMPENSATION PLAN (SECTION 457 RETIREMENT PLAN). A PUBLIC FINANCE AUTHORITY SERIES 2017 273866124 74443UBC6 2017-04-27 179254153 CONSTRUCTION & EQUIPMENT false false false B HOSPITAL FACILITY AUTHORITY OF CLACKAMAS COUNTY OREGON 930847114 179027YB7 2018-05-03 41460904 CONSTRUCTION & EQUIPMENT false false false A 67045000 179254153 7901490 11670734 36692749 3582579 101836060 17570541 2020 true false false true B 23600000 41460904 1119863 2456173 594488 37290380 2020 false false false true A false false false false false false true B false false false false false false true A false true false false false false false false true B false true false false false false false false true A true B true PURPOSE OF ISSUE DESCRIPTION PUBLIC FINANCE AUTHORITY CONSTRUCTION & EQUIPMENT PURPOSE OF ISSUE DESCRIPTION HOSPITAL FACILITY AUTHORITY CONSTRUCTION & EQUIPMENT FORM 990, PART III LINE 4A - FIRST ACCOMPLISHMENT CONTINUATION DURING THE FISCAL YEAR, MARY'S WOODS PROVIDED 37,103 DAYS OF RESIDENT SERVICES TO AGING ADULTS. MARY'S WOODS ALSO OFFERS SERVICES AND ACTIVITIES TO NON-RESIDENTS LIVING IN THE SURROUNDING COMMUNITY INCLUDING MUSICAL CONCERTS, TALKS, ART DISPLAYS, AND TRANSPORTATION VIA A SHUTTLE SERVICE ON SATURDAYS. BACKGROUND AND MISSION: MARY'S WOODS IS A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) ESTABLISHED IN 1997 AND OPENED IN 2001 AS A MINISTRY OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY. MARY'S WOODS MISSION IS AN EXTENSION OF THE HERITAGE OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY, WHICH IS TO PROVIDE A CONTINUUM OF HOUSING, HEALTH AND EDUCATIONAL SERVICES TO ENSURE THE FULL DEVELOPMENT OF EVERY INDIVIDUAL AT EACH STAGE OF LIFE. MARY'S WOODS AT MARYLHURST IS A CARING COMMUNITY INSPIRED BY THE VISION AND VALUES OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY, PROVIDING A CONTINUUM OF HOUSING, HEALTH AND EDUCATIONAL SERVICES. MARY'S WOODS RESPONDS TO THE GOSPEL'S VISION OF FULL DEVELOPMENT FOR EVERY INDIVIDUAL AT EACH LIFE STAGE. MARY'S WOODS SEEKS TO ENSURE THE DIGNITY, INDEPENDENCE, WELL-BEING AND SECURITY OF OLDER PERSONS THROUGH THE PROVISION OF A RANGE OF SERVICES AND EDUCATIONAL OPTIONS. AN ARRAY OF SERVICES ENRICHES THE PHYSICAL, EMOTIONAL AND SPIRITUAL WELL-BEING OF EACH RESIDENT, EMPLOYEE AND ALL OTHERS AFFILIATED WITH OUR COMMUNITY. SPONSORED BY THE SISTERS OF THE HOLY NAMES AND ROOTED IN CATHOLIC, ETHICAL VALUES, MARY'S WOODS IS CHARACTERIZED BY A COMMITMENT TO: AN ENVIRONMENT OF BEAUTY, A CELEBRATION OF LIFE, HOSPITALITY AND COMPASSION, REVERENCE AND INTEGRITY, A SPIRIT OF SERVICE AND THE EXPLORATION OF THE JOURNEY OF AGING. MARY'S WOODS LIVES OUT ITS CORE VALUES OF RESPECT, COMPASSION, EXCELLENCE, STEWARDSHIP AND JUSTICE IN A SPIRIT OF SERVICE BY BEING A WELCOMING, CARING AND GENEROUS COMMUNITY. AS A MISSION DRIVEN, NOT-FOR-PROFIT ORGANIZATION, MARY'S WOODS HAS THE PRIVILEGE OF ENHANCING THE LIVES OF BOTH THOSE WHO LIVE AND WORK ON THE CAMPUS AND THOSE RESIDING IN THE BROADER COMMUNITY. MARY'S WOODS EXPANDED ITS FUNDRAISING SERVICES TO CONTINUE TO CARRY OUT THE ORGANIZATION'S MISSION. MARY'S WOODS ACCEPTS CHARITABLE CONTRIBUTIONS FOR FIVE FUNDS: (1)RESIDENT ASSISTANCE, (2)EMPLOYEE EDUCATION, (3) INNOVATION, (4)CAPITAL PROJECTS AND IMPROVEMENTS AND (5)GREATEST NEED. THESE FUNDS HELP US SERVE OUR MISSION. FOR EXAMPLE, THE RESIDENT ASSISTANCE FUND HELPS RESIDENTS WHO, THROUGH NO FAULT OF THEIR OWN, FACE DIFFICULTIES MEETING THEIR BASIC MONTHLY COSTS. IN THESE INSTANCES, THE FUND SERVES AS A SAFETY NET. KNOWING THE RESIDENT ASSISTANCE FUND IS THERE TO HELP WHEN NEEDED PROVIDES THE COMMUNITY WITH A PROFOUND SENSE OF SECURITY. FORM 990, PAGE 6, PART VI, LINE 6 MARY'S WOODS WAS ORGANIZED TO CARRY OUT ACTIVITIES CONSISTENT WITH THE WISDOM OF ITS SPONSORING ORGANIZATION, U.S.-ONTARIO PROVINCE OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY (SNJM). THE CORPORATION SHALL HAVE TWO CLASSES OF MEMBERS: DESIGNATED AND APPOINTED. THE SOLE DESIGNATED MEMBER SHALL BE THE PERSON SERVING FROM TIME TO TIME AS THE PROVINCIAL SUPERIOR OF THE SNJM U.S.-ONTARIO PROVINCE. THE PROVINCIAL SUPERIOR SHALL NAME AND MAY REMOVE THE APPOINTED MEMBERS (HENCEFORTH CALLED THE MEMBER TIER) AT LEAST THREE OF WHOM SHALL BE SNJM U.S.-ONTARIO PROVINCE, AND MAY ALSO NAME INDIVIDUALS WHO ARE NOT SISTERS OF THE PROVINCE. THE DESIGNATED MEMBER MAY OR MAY NOT CHOOSE TO BE A MEMBER TIER MEMBER. FORM 990, PAGE 6, PART VI, LINE 7A THE MEMBER TIER SHALL HAVE AUTHORITY TO: 1) ELECT THE DIRECTORS TO THE BOARD OF DIRECTORS; AND 2) THE REMOVAL OF THE DIRECTORS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 7B THE MEMBER TIER SHALL HAVE AUTHORITY TO APPROVE OR DISAPPROVE AN ACTION OF THE BOARD OF DIRECTORS AND THEREBY MAKE A FINAL BINDING DECISION FOR THE CORPORATION WITH REGARD TO THE FOLLOWING MATTERS (THE RESERVED POWERS): 1) ELECTION OF DIRECTORS TO THE BOARD OF DIRECTORS; 2) THE REMOVAL OF DIRECTORS OF THE BOARD OF DIRECTORS; 3) THE MISSION, PHILOSOPHY AND GOALS OF THE CORPORATION; 4) THE USE OR OPERATION OF ANY REAL PROPERTY OWNED BY THE CORPORATION; 5) THE ACQUISITION, ENCUMBRANCE, CONVEYANCE, RETENTION OR DISPOSAL OF ANY REAL PROPERTY OR ANY PART OF THE REAL PROPERTY OWNED BY THE CORPORATION; 6) THE SELECTION AND REMOVAL OF THE CORPORATION'S PRESIDENT/CEO AND DIRECTOR OF MISSION INTEGRATION AND THE SELECTION AND TERMINATION OF ITS MANAGEMENT FIRM; 7) ANNUAL CAPITAL AND OPERATING BUDGETS OF MARY'S WOODS; 8) ANY CONTRACTS AFFECTING EITHER THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY U.S. ONTARIO PROVINCE CORPORATION OR THE SOCIETY OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY OREGON CORPORATION AND MARY'S WOODS AT MARYLHURST, INC.; 9) ANY BUSINESS AFFAIRS OR CONTRACTS AFFECTING BOTH THE U.S.-ONTARIO PROVINCE OF THE SISTERS OF THE HOLY NAMES AND MARY'S WOODS AT MARYLHURST CORPORATION; 10) THE MERGER OR DISSOLUTION OF THE CORPORATION; 11) THE AMENDMENT OF THE CORPORATION'S ARTICLES OF INCORPORATION AND BYLAWS; 12) THE FORMATION OF ANY SUBSIDIARY CORPORATIONS OR THE FORMATION OF, OR PARTICIPATION IN, ANY JOINT VENTURE, PARTNERSHIP, OR OTHER LEGAL ENTITY; 13) THE BORROWING OF MONEY BY THE CORPORATION OVER 5,000,000; 14) THE DECISION TO CONSTRUCT CAPITAL IMPROVEMENTS IN EXCESS OF 5,000,000. FORM 990, PAGE 6, PART VI, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE CEO AND CFO WHO REVIEW THE FORM, SCHEDULES AND RELATED ATTACHMENTS. ANY COMMENTS OR QUESTIONS ARE ADDRESSED WITH THE PREPARER AND A DRAFT IS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. ONCE MANAGEMENT IS SATISFIED WITH THE 990, THE CFO SIGNS THE FORM 8879-EO AUTHORIZING THE PREPARER TO E-FILE THE RETURN. FORM 990, PAGE 6, PART VI, LINE 12C MARY'S WOODS ANNUALLY DISTRIBUTES A COPY OF ITS CONFLICTS OF INTEREST POLICY TO THE OFFICERS, DIRECTORS AND KEY EMPLOYEES TO REVIEW, DISCLOSE ANY POTENTIAL CONFLICTS, AND SIGN. THIS PROCESS IS MONITORED BY THE CEO AND THE BOARD CHAIR TO ENSURE IT IS COMPLETED BY ALL PARTIES AND IS PROPERLY REVIEWED. FORM 990, PAGE 6, PART VI, LINE 15A MARY'S WOODS REGULARLY SEEKS COMPARABLE SALARY AND WAGE INFORMATION FOR ALL EMPLOYEES UTILIZING COMP ANALYST, A SALARY SURVEY THROUGH LEADING AGE, AND OTHER SURVEYS AND STUDIES FOR COMPARABLE POSITIONS. FORM 990, PAGE 6, PART VI, LINE 15B SEE FORM 990, PART VI, LINE 15A. FORM 990, PAGE 6, PART VI, LINE 19 MARY'S WOODS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9 CHANGE IN GIFT ANNUITY PAYABLE -19,523