2021-11-15T16:26:05-06:00 2020-12-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2020-01-01 941437728 SEQUOIA LIVING INC SEQU 4152027800 1525 POST STREET SAN FRANCISCO CA 94109 CHARLIE SHOEMAKE CFO 4152027800 2021-11-15 1 CHARLIE SHOEMAKE XXX-XX-XXXX LESLIE VAN P01294411 4159561500 2021-11-13 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z SARA MCVEY 1525 POST STREET SAN FRANCISCO CA 94109 101480350 0 X WWW.SEQUOIALIVING.ORG X 1958 CA SEQUOIA LIVING, INC. PROVIDES ORGANIZATIONAL STRUCTURE AND LEADERSHIP TO MEET THE NEEDS AND IMPROVE THE QUALITY OF LIFE OF OLDER PERSONS BY OFFERING HOUSING AND PROGRAMS. 13 13 729 60 0 0 11450617 4676737 66850554 84594159 5076845 8162524 72850 10196 83450866 97443616 0 0 0 0 38528900 51273060 0 0 659456 33826213 36811708 72355113 88084768 11095753 9358848 371648444 385107797 280529369 240893132 91119075 144214665 X SEQUOIA LIVING, INC. WILL, WITHIN ITS HUMAN RESOURCES AND FINANCIAL CAPABILITIES, PROVIDE ORGANIZATIONAL STRUCTURE AND LEADERSHIP TO MEET THE NEEDS AND IMPROVE THE QUALITY OF LIFE OF OLDER PERSONS FROM ALL ECONOMIC LEVELS AND VARIED CULTURAL BACKGROUNDS THROUGH DIVERSIFIED OPERATIONS WHICH OFFER HOUSING AND PROGRAMS OF PHYSICAL, SOCIAL, HEALTH AND SPIRITUAL CARE. 0 0 76182264 84509736 CONTINUING CARE RETIREMENT COMMUNITIES:SEQUOIA LIVING, INC. PROVIDES APARTMENTS, MEALS, LAUNDRY, HOUSEKEEPING, SOCIAL AND CULTURAL ACTIVITIES, AND MEDICAL CARE FOR AROUND 984 RESIDENTS. NEARLY ALL OCCUPANTS HAVE EXECUTED LIFE CARE RESIDENCE AND CARE AGREEMENTS THAT GIVE THEM ACCESS TO ASSISTED LIVING, DEMENTIA CARE, AND SKILLED NURSING IF NEEDED AS THEY AGE AND BECOME FRAILER. A MAJOR PROBLEM FOR THE ELDERLY IS ISOLATION AND DEPRESSION CAUSED BY ECONOMIC, SOCIAL, AND PHYSICAL BARRIERS TO PARTICIPATION IN ACTIVITIES AND CIVIC LIFE. CONTINUING CARE COMMUNITIES REMOVE THESE BARRIERS AND FACILITATE THE ACTIVE ENGAGEMENT OF RESIDENTS. THEY ALSO SMOOTH OUT DIFFICULT AND DISRUPTIVE TRANSITIONS OCCASIONED WHEN PEOPLE NEED HIGHER LEVELS OF PROFESSIONAL ASSISTANCE. IN THE EVENT THAT A RESIDENT RUNS SHORT OF RESOURCES TO COVER THE COST OF CARE, SEQUOIA LIVING WILL WORK WITH THEM AND THEIR FAMILIES AND THROUGH ITS FOUNDATION, WILL SUBSIDIZE EXPENSES SO THAT RESIDENTS ARE NOT FORCED TO MOVE. 1281279 84423 SAN FRANCISCO SENIOR CENTER:DAILY PROGRAMS AND CLASSES HELP IN MAINTAINING VITALITY THROUGH EXTENDED LEARNING AND SOCIALIZATION. AN AVERAGE OF 50 CLASSES/EVENTS PER WEEK PROVIDE KNOWLEDGE ENRICHMENT AND PHYSICAL, EMOTIONAL AND SPIRITUAL HEALTH.CONGREGATE LUNCH PROGRAM:IN PARTNERSHIP WITH PROJECT OPEN HAND, 18,500 LOW COST, NUTRITIOUS LUNCHES WERE SERVED AT OUR TWO SITES. BETTER NUTRITION RESULTS IN IMPROVED HEALTH FOR THE ELDERLY WHO MIGHT NOT OTHERWISE COOK NUTRITIOUS MEALS FOR THEMSELVES. THE AVERAGE DAILY ATTENDANCE FOR PROGRAMS, CLASSES AND LUNCH IS 240.CASE MANAGEMENT:THE DOWNTOWN CENTER PROVIDES ONGOING CASE MANAGEMENT AND SOCIAL WORK SERVICES. LOW INCOME AND MEDICALLY AT RISK SENIORS RECEIVE TEMPORARY CASE MANAGEMENT, HOME-CARE ASSISTANCE AND IN-HOME PERSONAL CARE. 1,318 CLIENTS WERE SERVED.HEALTH AND WELLNESS:THE AQUATIC PARK FITNESS CENTER IS A STUDIO FOR ADULTS 55+. WE PROVIDE COST EFFECTIVE FITNESS AND RECREATION PROGRAMS THAT SUPPORT HEALTHY LIVING FOR THE SECOND HALF OF LIFE. AN AVERAGE OF 33 CLASSES PER WEEK RANGE FROM FALL PREVENTION AND ARTHRITIS MANAGEMENT TO STRENGTH AND BALANCE TRAINING AND ZUMBA. EXERCISE EQUIPMENT INCLUDES TREADMILLS, ELLIPTICAL MACHINES, RECUMBENT BICYCLES AND WEIGHTS. WE ARE ALSO HE HOST SITE FOR THE ALWAYS ACTIVE PROGRAM, A HEALTH PROMOTION PROGRAM FUNDED BY THE CITY AND COUNTY OF SAN FRANCISCO. LOCATED AT THE SALA BURTON MARITIME MUSEUM BUILDING AT AQUATIC PARK, THE WATER'S EDGE AND VIEW OF THE GOLDEN GATE BRIDGE PROVIDE A BEAUTIFUL AND SERENE BACKDROP FOR OUR PROGRAMS. 77463543 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 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 0 0 0 1 1 1 1 0 0 1 117 0 1 729 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X CHARLIE SHOEMAKE 4152027800 1525 POST STREET SAN FRANCISCO CA 94109 MICHELE STRATTON CHAIR 0.50 0.50 X 0 0 0 DIANNE SPAULDING VICE CHAIR 0.50 0.50 X 0 0 0 GARY FREEMAN BOARD MEMBER 0.50 0.50 X 0 0 0 GAYLE GEARY BOARD MEMBER 0.50 0.50 X 0 0 0 STEVE HERMAN BOARD MEMBER 0.50 0.50 X 0 0 0 GORDON HOWIE BOARD MEMBER 0.50 0.50 X 0 0 0 DAVID JAMISON BOARD MEMBER 0.50 0.50 X 0 0 0 REX JAMISON MD BOARD MEMBER 0.50 0.50 X 0 0 0 PATRICIA LYNN BOARD MEMBER 0.50 0.50 X 0 0 0 NANCY MAYEDA BOARD MEMBER 0.50 0.50 X 0 0 0 NEAL MCNAMARA BOARD MEMBER 0.50 0.50 X 0 0 0 PHILIP PLACIER BOARD MEMBER 0.50 0.50 X 0 0 0 MARIANNE LIM BOARD MEMBER 0.50 0.50 X 0 0 0 SARA MCVEY PRESIDENT AND CEO 40.00 0.00 X 464650 0 12621 NAN BOYD CFO (THRU 8/20) 40.00 0.00 X 315268 0 20819 CHARLES SHOEMAKE CFO 40.00 0.00 X 66436 0 5747 MARTHA A ATWOOD CHIEF HR & COMPLIANCE OFFICER 40.00 0.00 X 242172 0 40649 DAVID J LATINA CHIEF BUSINESS DEVELOPMENT OFFICER 40.00 0.00 X 274700 0 30759 STEVEN R HIEGER CHIEF INFORMATION SYSTEMS OFFICER 40.00 0.00 X 224189 0 26101 SOURABH SINGH LVN - TAM 40.00 0.00 X 251764 0 15980 MELODY MITCHELL EXECUTIVE DIRECTOR, VIAMONTE 40.00 0.00 X 221206 0 35830 JANINE TIMOTEO RN - TAM 40.00 0.00 X 208543 0 14900 GLEN ALAN GODDARD EXECUTIVE DIRECTOR, SEQUOIA'S SF 40.00 0.00 X 227666 0 15412 WESLEY BARD EXECUTIVE DIRECTOR, TAMALPAIS 40.00 0.00 X 207452 0 14906 2704046 0 233724 83 0 1 0 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA GA 30368 MANAGEMENT SERVICES 2039439 PINNACLE BUILDING & DESIGN 5157 ABBEY DRIVE FAIRFIELD CA 94534 BUILGING & DESIGN 992063 ORYX CAPITAL PARTNERS LP 1796 18TH STREET SUITE C SAN FRANCISCO CA 94954 CONSTRUCTION 960994 C J REED CONSTRUCTION 1658 SEQUOIA DR PETALUMA CA 94954 CONSTRUCTION 862869 ONR INC 8500 BLUFFSTONE CV STE A201 AUSTIN TX 78759 THERAPY SERVICES 862825 63 1814415 2862322 4676737 MONTHLY CARE FEES 623000 49887284 49887284 FEES FOR SERVICE TO RESIDENTS 900099 18103900 18103900 AMORTIZATION OF ENTRANCE FEES 623000 15654630 15654630 RENTAL INCOME 721000 948345 948345 84594159 7060364 7060364 5138894 4036734 1102160 1102160 1102160 OTHER INCOME 900099 10196 10196 10196 97443616 84594159 0 8172720 998672 106936 891736 37821629 32918883 4506083 396663 1438368 2023735 -626216 40849 8306966 7269795 939756 97415 2707425 2344969 336749 25707 1898046 1898046 681012 681012 473340 473340 6104465 5673192 431273 421108 388453 32655 3769643 3613533 156110 1082174 446541 635633 3270858 3271890 -1032 38664 22384 16280 124153 95457 28696 -1782759 -1782759 10188470 10188470 662016 662016 REPAIR AND MAINTENANCE 3310296 3255379 54917 FOOD 3195650 3195650 OTHER TAXES AND LICENSE 238512 238512 DEVELOPMENT 55642 10366 45276 3080418 2522623 504249 53546 88084768 77463543 9961769 659456 11325959 982036 38275685 26876875 104898390 104898390 2271615 2582059 312954935 179907710 113982550 133047225 94092043 109510195 6802202 7211017 371648444 385107797 9830444 17594393 89860394 122080987 61719876 60232884 89711331 0 2000000 2000000 27407324 38984868 280529369 240893132 X 91119075 144214665 91119075 144214665 371648444 385107797 X 9358848 8721461 35015281 X 0 1 X 1 1 1 X 4481776 5671725 4576949 11450617 4676737 30857804 58440233 62133474 68698598 66850554 84594159 340717018 62922009 67805199 73275547 78301171 89270896 371574822 1649846 2323877 2095420 1634924 1814415 9518482 0 1649846 2323877 2095420 1634924 1814415 9518482 362056340 3169179 4025295 4872569 4455784 7060364 23583191 3169179 4025295 4872569 4455784 7060364 23583191 36997 6306 83376 72850 10196 209725 66128185 71836800 78231492 82829805 96341456 395367738 0.91570 0.91380 0.05960 0.06030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2548354 2548354 271535513 151039259 120496254 10040676 8757329 1283347 28830392 20111122 8719270 133047225 REFUNDABLE DEPOSITS 98537 PENSION LIABILITY 20447699 OTHER LONG TERM LIABILITIES 18438632 38984868 X X X X X 1 0 0 0 0 0 0 0 0 SARA MCVEY PRESIDENT AND CEO 463510 0 0 0 1140 0 2932 0 9689 0 477271 0 0 0 NAN BOYD CFO (THRU 8/20) 214904 0 0 0 100364 0 5763 0 15056 0 336087 0 0 0 DAVID J LATINA CHIEF BUSINESS DEVELOPMENT OFFICER 247867 0 22378 0 4455 0 6625 0 24134 0 305459 0 0 0 MARTHA A ATWOOD CHIEF HR & COMPLIANCE OFFICER 235480 0 499 0 6193 0 6169 0 34480 0 282821 0 0 0 SOURABH SINGH LVN - TAM 249724 0 1540 0 500 0 6294 0 9686 0 267744 0 0 0 MELODY MITCHELL EXECUTIVE DIRECTOR, VIAMONTE 208398 0 10000 0 2808 0 1350 0 34480 0 257036 0 0 0 STEVEN R HIEGER CHIEF INFORMATION SYSTEMS OFFICER 212823 0 0 0 11366 0 5885 0 20216 0 250290 0 0 0 GLEN ALAN GODDARD EXECUTIVE DIRECTOR, SEQUOIA'S SF 223310 0 0 0 4356 0 5709 0 9703 0 243078 0 0 0 JANINE TIMOTEO RN - TAM 206502 0 1541 0 500 0 5214 0 9686 0 223443 0 0 0 WESLEY BARD EXECUTIVE DIRECTOR, TAMALPAIS 200499 0 0 0 6953 0 5203 0 9703 0 222358 0 0 0 PART I, LINE 4A NAN BOYD RECEIVED A SEVERANCE PAYMENT DURING THE YEAR OF $92,837. A CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY 521643828 13033L7N1 2015-04-15 70844640 TO IMPROVE FACILITIES & REFUND 0 0 0 A 6140000 71284533 4039783 132560 888676 2122766 14515917 49137364 447476 1 0 0 1 A 0 1 1 1 0 0.01000 0.00000 0.01000 0 0 1 A 0 1 1 0 0 0 0 0 1 A 1 SCHEDULE K, PART I, COLUMN (F): THE BOND ISSUE REFUNDS THE SERIES 2004 (ISSUED 09/15/04) AND THE SERIES 1998 (ISSUED 07/29/98). SCHEDULE K, PART II, LINE 3: THE DIFFERENCE BETWEEN PART I (E) AND PART II, LINE 3 IS DUE TO INTEREST EARNINGS ON BOND PROCEEDS. SCHEDULE K, PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURITY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY MOSS ADAMS, LLP, BASED ON THE INFORMATION PROVIDED BY THE ORGANIZATION'S STAFF. PRIOR TO FILING, THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND REVIEWED BY THE AUDIT & COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS. ONCE THE FORM 990 IS APPROVED BY THE COMMITTEE, MOSS ADAMS, LLP SIGNS AS PREPARER AND THE CHIEF FINANCIAL OFFICER SIGNS ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C SEQUOIA LIVING, INC. ANNUALLY REVIEWS ANY CONFLICT DISCLOSED BY ITS BOARD MEMBERS. ANY QUESTIONS THAT ARISE REGARDING POTENTIAL CONFLICT ARE ADDRESSED IMMEDIATELY. BOARD MEMBERS WHO HAVE A CONFLICT OF INTEREST DO NOT VOTE ON ANY MATTER RELATED TO THE ISSUE FOR WHICH THEY HAVE THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 SALARY RANGES ARE ESTABLISHED FOR EACH MANAGEMENT POSITION. THE SALARY RANGES ARE INTENDED TO BE COMPETITIVE WITH SIMILAR ORGANIZATIONS AND ADEQUATE TO ATTRACT HIGHLY QUALIFIED MANAGEMENT STAFF. THE SALARY RANGES ARE REVIEWED AT LEAST EVERY THREE YEARS BY THE PERSONNEL COMMITTEE, WHICH THEN RECOMMENDS ANY ADJUSTMENTS TO THE BOARD. THE PRESIDENT/CEO GENERALLY PERFORMS SALARY REVIEWS OF MANAGEMENT STAFF SIMULTANEOUSLY WITH THEIR ANNUAL PERFORMANCE REVIEWS. THE PRESIDENT/CEO'S PERFORMANCE AND SALARY REVIEWS ARE PERFORMED ANNUALLY BY THE PERSONNEL COMMITTEE, WHICH THEN REPORTS ITS RESULTS TO THE BOARD. THE PRESIDENT/CEO IS RESPONSIBLE FOR RECOMMENDING SALARY ADJUSTMENTS FOR OTHER MANAGEMENT STAFF TO THE PERSONNEL COMMITTEE FOR APPROVAL BASED ON TEH ORGANIZATION'S COMPENSATION PROGRAM. THE PERSONNEL COMMITTEE REPORTS ITS RECOMMENDATION FOR THE PRESIDENT/CEO'S SALARY ADJUSTMENTS ALONG WITH ANY APPROVED ADJUSTMENTS FOR OTHER MANAGEMENT STAFF TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE FINANCIAL STATEMENTS AND THE FORM 990 ARE AVAILABLE THROUGH THE SEQUOIA LIVING, INC'S WEBSITE. SEQUOIA LIVING ALSO MAKES THESE DOCUMENTS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSET TRANSFER FROM ROSS VALLEY HOMES -4,980,439. CHANGE IN MINIMUM PENSION LIABILITY -8,383,307. 2019 ADJUSTMENTS 48,379,027. 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