2018-12-18T16:20:03-06:00 2017-12-31 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 200 STOCKTON CA 952192367 990 2017-01-01 942906316 ESKATON PROPERTIES INC ESKA 9163340810 5105 MANZANITA AVENUE CARMICHAEL CA 95608 BILL PACE CFO 9163340810 2018-12-18 1 TRACY S PAGLIA P00366884 2099556100 2018-12-18 12.129.7.100 2018-12-18 16:17:16 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 68BC8D16007A635797B63211188E0ACDDC1C3CBF 2017 2019-02-21 02:37:17Z TODD S MURCH 5105 MANZANITA AVENUE CARMICHAEL CA 95608 150236477 0 X WWW.ESKATON.ORG X 1983 CA TO ENHANCE THE QUALITY OF LIFE OF SENIORS THROUGH INNOVATIVE HEALTH, HOUSING AND SOCIAL SERVICES. 12 11 1644 0 2960891 0 274143 4241942 97407701 98792030 1485677 3756839 0 0 99167521 106790811 1333385 2064090 0 0 58731124 55684238 0 0 0 35613607 37292016 95678116 95040344 3489405 11750467 145835251 153806700 113436979 104922001 32398272 48884699 THE PRIMARY MISSION IS TO ENHANCE THE QUALITY OF LIFE OF SENIORS THROUGH INNOVATIVE HEALTH, HOUSING AND SOCIAL SERVICES. 0 0 38118894 174672 50307298 HEALTH SERVICES: CONSISTS OF LICENSED SKILLED NURSING CARE CENTERS & A LICENSED HOME HEALTH AGENCY. IN SKILLED NURSING CARE CENTERS, THE STAFF OF THE CARE CENTER, THE DOCTOR AND THE RESIDENT/FAMILY ASSEMBLE A PLAN OF CARE, AND DEPENDING ON THE RESIDENT'S DIAGNOSIS, NEEDS & ABILITIES, THE PLAN MAY INCLUDE PHYSICAL, OCCUPATIONAL AND/OR SPEECH THERAPY. HOME HEALTH SERVICES INCLUDE REHABILITATIVE SERVICES FROM A PHYSICAL, OCCUPATIONAL OR SPEECH THERAPIST & SPECIALIZED CARE FROM A REGISTERED NURSE. CLIENTS ARE ASSURED OF SERVICES FROM A TRAINED PROFESSIONAL WHO HAS BEEN PRE-SCREENED & BACKGROUND-CHECKED. SKILLED NURSING RESIDENT DAYS: 143,075 / HOME HEALTH VISITS: 11,217. PLEASE VISIT THE ESKATON WEBSITE (WWW.ESKATON.ORG) FOR THE ESKATON ANNUAL REPORT. 30718912 0 48484732 RESIDENTIAL SERVICES: CONSISTS OF INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE & CONTINUING CARE RETIREMENT COMMUNITIES. ALL LEVELS OF RESIDENTIAL SERVICES PROVIDE INTERIOR & EXTERIOR MAINTENANCE, AS WELL AS AN EMERGENCY RESPONSE SYSTEM. CONTINUING CARE RETIREMENT COMMUNITIES AFFORDS OLDER ADULTS THE OPPORTUNITY TO LIVE AMONG THEIR PEERS IN A COMFORTABLE ATTRACTIVE ENVIRONMENT. SOME COMMUNITIES OFFER ADDITIONAL SERVICES, SUCH AS, MEALS, RECREATIONAL ACTIVITIES, HOUSEKEEPING & ASSISTANCE WITH DAILY ACTIVITIES. CONTINUING CARE RETIREMENT LIVING RESIDENT DAYS: 150,609/ INDEPENDENT LIVING RESIDENT DAYS: 38,254 / ASSISTED LIVING & MEMORY CARE RESIDENT DAYS: 47,374. PLEASE VISIT THE ESKATON WEBSITE (WWW.ESKATON.ORG) FOR THE ESKATON ANNUAL REPORT. 1889418 1889418 0 GRANTS TO RELATED ORGANIZATIONS. 70727224 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 1 174 0 1 1644 1 1 1 0 0 0 0 0 0 0 0 0 X 12 11 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X MARK JENKINS 9163395688 5105 MANZANITA AVENUE CARMICHAEL CA 95608 AMY YOTOPOULOS BOARD MEMBER 0.10 0.60 X 0 0 0 ANNE BURNS JOHNSON BOARD MEMBER 0.10 0.60 X 0 0 0 LAWRENCE GARCIA BOARD MEMBER 0.10 0.60 X 0 0 0 SUSAN DEMAROIS BOARD MEMBER 0.10 0.60 X 0 0 0 ROBERT EDMONDSON VICE CHAIR 0.10 0.60 X 0 0 0 DOUG ELMETS BOARD MEMBER 0.10 0.60 X 0 0 0 SAMUEL PEREZ BOARD MEMBER 0.10 0.60 X 0 0 0 LISA YATES CHAIR 0.10 0.60 X 0 0 0 PATRICIA MCFARLAND BOARD MEMBER 0.10 0.60 X 0 0 0 KAREN ROBISON BOARD MEMBER 0.10 0.60 X 0 0 0 SARAH STEENHAUSEN BOARD MEMBER 0.10 0.60 X 0 0 0 TODD MURCH PRESIDENT & CEO 40.00 14.00 X X 777856 0 36181 BILL PACE CFO 40.00 14.00 X 414751 0 59388 ELIZABETH DONOVAN SECRETARY 40.00 14.00 X 418559 0 116516 DONNA GARRETT ASST. SECRETARY (THRU 5/1/17) 40.00 X 97597 0 12801 SHERI PEIFER SR VP, INNOVATION & STRATEGY 40.00 X 339150 0 52463 CHARLES GARCIA VP, INFORMATION & TECHNOLOGY 40.00 X 235810 0 23640 TERRY ERVIN VP, RESIDENTIAL SERVICES 40.00 X 179310 0 4857 STEPHEN FIFE EX DIR ESKATON CARE CENTER FAIR OAKS 40.00 X 218973 0 32800 CATHY SAILOR EX DIR AFFORDABLE HOUSING 40.00 X 192461 0 17003 2874467 0 355649 49 0 1 0 MORRISON MANAGEMENT SPECIALISTS 3939 WALNUT AVENUE CARMICHAEL CA 95608 DINING SERVICES 2993654 JOSH HECKMAN CONSTRUCTION INC 7333 ROSEVILLE ROAD SUITE 5 SACRAMENTO CA 95842 CONSTRUCTION 991761 INTECH MECHANICAL COMPANY LLC 7501 GALILEE ROAD ROSEVILLE CA 95678 CONSTRUCTION 941813 A TO Z CONSTRUCTION 7420 LEONARD AVENUE CITRUS HEIGHTS CA 95610 CONSTRUCTION 501205 CARLOS KNORRE & SONS INC PO BOX 540 CARMICHAEL CA 95609 LANDSCAPE SERVICES 297790 21 3538573 703369 639000 4241942 HEALTH RESIDENTIAL SVCS 623000 86700023 86700023 EXTERNAL MGMT FEES 623000 5785376 2896617 2888759 PROGRAM RENTAL INCOME 623000 3628729 3628729 AMORT OF DEF REVENUE 623000 1737632 1737632 CCRC RESALE & TRANSFER 623000 452015 452015 488255 416123 72132 98792030 1234044 1234044 44888163 1080298 42520617 925049 2367546 155249 2522795 2522795 106790811 95831139 2960891 3756839 2064090 2064090 1836786 1836786 42924036 32295525 10628511 7590565 6453247 1137318 3332851 2522848 810003 496583 496583 101010 101010 351338 351338 6733624 5333669 1399955 589483 589483 2016926 1010283 1006643 739889 739889 3402458 2605872 796586 448957 110891 338066 93797 9432 84365 3225828 2551860 673968 6338213 5831524 506689 1486699 1486699 ANCILLARY COSTS 3889540 3889540 QUALITY ASSURANCE FEES 2065363 2065363 FOOD FOR PATIENTS/RESID 1690013 1690013 MEDICAL SUPPLIES 520445 520445 3101850 1772622 1329228 95040344 70727224 24313120 0 9947395 14209774 3212947 1605576 11175793 8623249 168721 151152 511269 630261 176872026 123094320 54994938 53777706 46877947 58694637 7202873 3242052 11743368 12872293 145835251 153806700 7667055 6949966 10716832 10459380 73588596 70902243 2421221 2327557 19043275 14282855 113436979 104922001 X 32393338 48879240 4934 5459 32398272 48884699 145835251 153806700 X 11750467 3848952 699399 187609 X 0 1 X 1 0 X 427517 228919 2369122 274143 4241942 7541643 86199575 88497234 89788765 95273282 95831139 455589995 86627092 88726153 92157887 95547425 100073081 463131638 1704038 1779247 3475255 2131189 6119184 15208913 0 1704038 1779247 3475255 2131189 6119184 15208913 447922725 1169802 1229082 1380490 1428896 1234044 6442314 344761 44887 70736 72132 532516 1169802 1573843 1425377 1499632 1306176 6974830 87796894 90299996 93583264 97047057 101379257 470106468 0.95280 0.96110 0.01480 0.01540 X 1 3275361 965191 1678153 2562399 0 1830000 9116702 10946702 83623966 67821812 15802154 57528810 35997185 21531625 23877685 19275323 4602362 894863 894863 53777706 ASSOCIATE MEMBER/PATIENT DEPOSITS 1820867 DUE FROM RELATED PARTY 9464276 OTHER ASSETS 494996 DUE FROM LIABILITY INSURER 849000 UNFUNDED PENSION OBLIGATIONS 243154 12872293 SELF-INSURED WORKERS' COMP 10015167 PROFESSIONAL LIABILITY 2196538 ASSOCIATE MEMBER/PATIENT DEPOSITS 1820867 DUE TO RELATED PARTY 170581 OTHER 79702 14282855 X PART IV, LINE 1B: THE ORGANIZATION HOLDS RESIDENT FUNDS IN TRUST FOR SEVERAL COMMUNITIES. CCRC RESIDENTS WHO MOVE FROM INDEPENDENT TO ANOTHER LEVEL OF CARE ARE REQUIRED BY THEIR CONTRACT TO DEPOSIT IN AN ASSOCIATE MEMBERSHIP ACCOUNT UP TO $100,000 FROM THE PROCEEDS OF THE SALE OF THEIR INDEPENDENT MEMBERSHIP. RESIDENT TRUST AMOUNTS AT OTHER COMMUNITIES ARE VOLUNTARY AND FOR THE CONVENIENCE OF RESIDENTS. THE TRUST FUNDS ARE PRIMARILY HELD IN BANK ACCOUNTS OR INVESTMENT ACCOUNTS AND ARE RECONCILED MONTHLY. PART X, LINE 2: FASB ASC TOPIC 740, INCOME TAXES, PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT DISCLOSURE OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN. RECOGNITION OF A TAX POSITION IS DETERMINED WHEN IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES. A TAX POSITION THAT MEETS THE MORE LIKELY THAN NOT RECOGNITION THRESHOLD IS MEASURED AT THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY. ESKATON RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN OPERATING EXPENSES. AT DECEMBER 31, 2017 AND 2016, THERE WERE NO SUCH UNCERTAIN TAX POSITIONS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 3312076 0 0 0 0 0 0 3312076 0 3312076 1 0 1 0 0 0 1 ESKATON FOUNDATION 5105 MANZANITA AVE CARMICHAEL CA 95608 680227233 501(C)(3) 1314308 TO ASSIST WITH PROGRAMS ESKATON 5105 MANZANITA AVE CARMICHAEL CA 95608 942906307 501(C)(3) 575110 TO ASSIST WITH PROGRAMS 2 0 PART I, LINE 2: GRANTS ARE TO RELATED ORGANIZATION WITH COMMON MANAGEMENT TO ASSIST WITH PROGRAM OPERATION EXPENSES. THE MANAGEMENT OF THE RELATED ORGANIZATIONS' OPERATIONS IS OVERSEEN BY THE FILING ORGANIZATION. X X X X 0 1 0 0 0 0 0 1 0 TODD MURCH PRESIDENT & CEO 513330 0 176920 0 87606 0 8100 0 28081 0 814037 0 0 0 BILL PACE CFO 341251 0 73500 0 0 0 38444 0 20944 0 474139 0 0 0 ELIZABETH DONOVAN SECRETARY 343559 0 75000 0 0 0 104962 0 11554 0 535075 0 0 0 SHERI PEIFER SR VP, INNOVATION & STRATEGY 281150 0 58000 0 0 0 24382 0 28081 0 391613 0 0 0 CHARLES GARCIA VP, INFORMATION & TECHNOLOGY 235810 0 0 0 0 0 22329 0 1311 0 259450 0 0 0 TERRY ERVIN VP, RESIDENTIAL SERVICES 164310 0 15000 0 0 0 4049 0 808 0 184167 0 0 0 STEPHEN FIFE EX DIR ESKATON CARE CENTER FAIR OAKS 178973 0 40000 0 0 0 5126 0 27674 0 251773 0 0 0 CATHY SAILOR EX DIR AFFORDABLE HOUSING 190221 0 2240 0 0 0 5820 0 11183 0 209464 0 0 0 PART I, LINE 4B THE PLAN IS LIMITED TO KEY EMPLOYEES WHO ARE DESIGNATED BY THE BOARD OF DIRECTORS. THE EMPLOYEE BECOMES FULLY VESTED UPON THE EARLIER OF HIS/HER TERMINATION OF EMPLOYMENT, AT HIS/HER NORMAL RETIREMENT DATE OR HIS/HER COMPLETION OF 10 YEARS OF EXECUTIVE MANAGEMENT SERVICE. FINAL AVERAGE PAY IS CALCULATED BY AVERAGING THE ANNUAL COMPENSATION FOR THE THREE CONSECUTIVE YEARS OUT OF THE LAST TEN YEARS OF SENIOR EXECUTIVE MANAGEMENT SERVICE THAT RESULTS IN THE HIGHEST AVERAGE. TODD MURCH RECEIVED A PAYMENT FROM THE PLAN IN THE AMOUNT OF $87,606. BILL PACE, SHERI PEIFER AND CHARLES GARCIA PARTICIPATED IN THE PLAN DURING THE YEAR AND RECEIVED DISTRIBUTIONS OF $30,345, $16,282 AND $15,235 RESPECTIVELY WHICH WERE TRANSFERRED TO A QUALIFIED RETIREMENT PLAN. ELIZABETH DONOVAN PARTICIPATED IN THE PLAN DURING THE YEAR. PART I, LINE 7 THE CEO'S BONUS IS GIVEN AT THE DISCRETION OF THE BOARD OF DIRECTORS. ANY BONUSES GIVEN TO OTHER EMPLOYEES ARE GIVEN AT THE DISCRETION OF THE CEO. A ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 943130123 00037CNC0 2013-09-17 19200000 TO REFUND PRIOR ISSUE DATED 4/10/08, WHICH REFUNDED 1999 & 2000 ISSUES 0 0 0 B ABAG FINANCE AUTHORITY FOR NONPROFIT CORPORATIONS 941485533 00037CUQ1 2013-06-06 55568973 PROVIDE FUNDS TO REFUND PRIOR ISSUES DATED 05/15/08 0 0 0 C CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 1307955V5 2012-05-22 39890381 PROVIDE FUNDS TO REFUND PRIOR ISSUES DATED 2/10/05; FINANCE IMPROV. & EQUIP. 0 0 0 A 5075000 19200000 19200000 2013 1 0 1 1 B 6485000 55568973 4147750 932004 50489219 2013 1 0 1 1 C 5970000 40183124 3762412 732658 8085284 27611770 2015 1 0 1 1 B 0 1 1 1 0 0.00400 0.01000 0.01400 1 0 1 C 0 1 1 1 0 0.00300 0.00300 1 0 1 A 0 1 0 0 1 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/01/2017 SCHEDULE K SUPPLENTAL INFORMATION PART I, ISSUE A, COLUMN (E) - ISSUE PRICE: THE ISSUE PRICE REPORTED ON FORM 8038, PART III, LINE 21 BOX (B) WAS INCORRECTLY LISTED AS $23,500,000. THE CORRECT AMOUNT SHOULD HAVE BEEN $19,200,000. PART II, LINE 3, COLUMN C: TOTAL PROCEEDS EXCEED ISSUE PRICE BY $292,743 DUE TO INVESTMENT PROCEEDS EARNED DURING THE PROJECT PERIOD. X 5 639000 SUBSEQUENT RESALE 5 0 1 0 PART I, COLUMN (B): THE NUMBER LISTED IN COLUMN (B) REPRESENTS THE NUMBER OF ITEMS DONATED. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CORPORATE MEMBER. AS A SUBSIDIARY CORPORATION TO THE CORPORATE MEMBER, ALL OF THE ASSETS OF THE ORGANIZATION WOULD BE RECEIVED BY THE CORPORATE MEMBER UPON DISSOLUTION. FORM 990, PART VI, SECTION A, LINE 7A THE ORGANIZATION'S SOLE CORPORATE MEMBER HAS THE POWER TO APPOINT ALL DIRECTORS OTHER THAN THE PRESIDENT OF THE CORPORATION. FORM 990, PART VI, SECTION B, LINE 11B DATA TO PREPARE THE 990 IS GATHERED BY THE DIRECTOR OF BUDGET AND FINANCIAL ANALYSIS. THE RETURN IS PREPARED BY A PROFESSIONAL ACCOUNTING FIRM AND REVIEWED BY THE DIRECTOR OF BUDGET AND FINANCIAL ANALYSIS, AS WELL AS THE CFO. THE FINAL 990 IS SIGNED BY THE CFO. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE THEIR POTENTIAL CONFLICTS OF INTEREST. DIRECTORS ABSTAIN FROM VOTING AND DO NOT PARTICIPATE IN DISCUSSION OF BOARD ACTIONS RELATED TO POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS, USING A THIRD PARTY PROFESSIONAL CONSULTANT THAT GATHERS DATA FROM A WIDE RANGE OF COMPARABLE ORGANIZATIONS, REVIEWS AND APPROVES THE COMPENSATION FOR THE CEO AND CFO ANNUALLY. THE LAST REVIEW WAS IN JULY 2018. FOR THE COO AND OTHER HIGHLY COMPENSATED EMPLOYEES, COMPENSATION IS DETERMINED BY THE CEO BASED ON ANNUAL DATA FROM SURVEYS OF COMPARABLE ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 ESKATON PROPERTIES INC'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ROUTINELY AVAILABLE TO THE PUBLIC. THE ESKATON PROPERTIES INC FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AND UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION VALUATION ADJUSTMENT 187,609. ESKATON LODGE GRANITE BAY 5105 MANZANITA AVENUE CARMICHAEL CA 95608 941663809 SENIOR RESIDENCES & SERVICES CA 501(C)(3) LINE 10 ESKATON 1 ESKATON VILLAGE GRASS VALLEY 5105 MANZANITA AVENUE CARMICHAEL CA 95608 943358174 SENIOR RESIDENCES & SERVICES CA 501(C)(3) LINE 10 ESKATON 1 ESKATON VILLAGE ROSEVILLE 5105 MANZANITA AVENUE CARMICHAEL CA 95608 680472230 SENIOR RESIDENCES & SERVICES CA 501(C)(3) LINE 10 ESKATON 1 ESKATON VILLAGE PLACERVILLE 5105 MANZANITA AVENUE CARMICHAEL CA 95608 270704516 SENIOR RESIDENCES & SERVICES CA 501(C)(3) LINE 10 ESKATON 1 ESKATON 5105 MANZANITA AVENUE CARMICHAEL CA 95608 942906307 SENIOR HOME-BASED SERVICES CA 501(C)(3) LINE 10 N/A 0 ESKATON FOUNDATION 5105 MANZANITA AVENUE CARMICHAEL CA 95608 680227233 FUNDRAISING CA 501(C)(3) LINE 7 ESKATON 1 ESKATON FOUNTAINWOOD LODGE 5105 MANZANITA AVENUE CARMICHAEL CA 95608 275246432 SENIOR RESIDENCES & SERVICES CA 501(C)(3) LINE 10 ESKATON 1 CALIFORNIA HEALTH CARE CONSULTANTS 5105 MANZANITA AVENUE CARMICHAEL CA 95608 942761402 LEASED EMPLOYEES FOR SENIOR RESIDENCES CA N/A C 0 LIVABLE DESIGN 5105 MANZANITA AVENUE CARMICHAEL CA 95608 942243808 PROVIDE RESEARCH & DESIGN PRINCIPALS TO HOME BUILDERS CA N/A C 0 0 1 1 1 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 ESKATON FOUNDATION B 1314308 FMV ESKATON FOUNDATION C 225624 FMV ESKATON VILLAGE GRASS VALLEY C 693570 FMV ESKATON VILLAGE PLACERVILLE C 768728 FMV ESKATON VILLAGE ROSEVILLE C 1850662 FMV ESKATON VILLAGE PLACERVILLE D 1189500 EOY ESKATON FOUNTAINWOOD LODGE D 5790197 EOY ESKATON LODGE GRANITE BAY D 2076235 EOY ESKATON FOUNDATION L 54000 FMV ESKATON VILLAGE PLACERVILLE L 298665 FMV ESKATON VILLAGE GRASS VALLEY L 528648 FMV ESKATON FOUNTAINWOOD LODGE L 290416 FMV ESKATON LODGE GRANITE BAY L 384799 FMV ESKATON VILLAGE ROSEVILLE L 429114 FMV ESKATON VILLAGE PLACERVILLE Q 2473001 FMV ESKATON FOUNTAINWOOD LODGE Q 3711300 FMV ESKATON LODGE GRANITE BAY Q 3674540 FMV ESKATON FOUNDATION Q 1548916 FMV ESKATON VILLAGE GRASS VALLEY Q 6376727 FMV ESKATON FOUNTAINWOOD LODGE R 900000 FMV ESKATON LODGE GRANITE BAY S 1297910 FMV ESKATON VILLAGE ROSEVILLE Q 4689460 FMV