2018-07-09T18:22:21-05:00 2017-12-31 952089835 BARTLETT PRINGLE & WOLF LLP 1123 CHAPALA ST PO BOX 90860 SANTA BARBARA CA 931900860 990 2017-01-01 237425754 MONTECITO RETIREMENT ASSOCIATION MONT 8059698011 300 HOT SPRINGS ROAD MONTECITO CA 93108 ROBIN DREW CFO 8059698011 2018-06-27 1 JOHN J BRITTON P00290353 8059637811 2017 2022-09-23 18:48:47Z BRIAN MCCAGUE 300 HOT SPRINGS ROAD MONTECITO CA 93108 31961349 0 X WWW.CASADORINDA.ORG X 1970 CA THE MONTECITO RETIREMENT ASSOCIATION OPERATES CASA DORINDA, A CCRC LIFECARE RETIREMENT COMMUNITY IN MONTECITO, CALIFORNIA. 12 12 297 0 0 0 1524183 3243805 24840224 26640326 1330939 759325 0 0 27695346 30643456 0 0 0 0 14137065 14589469 40725 22244 194705 9981762 10716350 24159552 25328063 3535794 5315393 78708165 89808960 65503382 68941246 13204783 20867714 X THE MISSION OF THE MONTECITO RETIREMENT ASSOCIATION IS TO OPERATE AT CASA DORINDA A LIFECARE PROGRAM WITH A COMMITMENT TO EXCELLENCE IN THE QUANTITY AND QUALITY OF ITS SERVICES SO THAT ITS RESIDENTS MAY CONTINUE TO LIVE THEIR LIVES WITH DIGNITY, SECURITY AND AS INDEPENDENTLY AND FULLY AS THEY ARE ABLE. 0 0 22312162 27399651 CASA DORINDA PROVIDES THREE LEVELS OF CARE AND SERVICE TO ITS RESIDENTS. THE GREATEST NUMBER OF RESIDENTS ARE SERVED IN RESIDENTIAL CARE, WHERE SENIORS ARE PROVIDED HOUSING, DINING, WELLNESS, TRANSPORTATION AND OTHER HOSPITALITY SERVICES, ALONG WITH INTERMITTENT CARE AND SUPERVISION DELIVERED THROUGH THE ON-SITE CLINIC. IN 2017, THE AVERAGE DAILY CENSUS OF RESIDENTIAL LIVING WAS 267 RESIDENTS. THE MEDICAL CENTER PROVIDES NURSING SERVICES ON A PERMANENT AND TEMPORARY BASIS IN ITS 52 BED SKILLED NURSING FACILITY (SNF). IN 2017, THERE WAS AN AVERAGE DAILY CENSUS OF 45 PATIENTS; AN AVERAGE OF 4 PATIENTS WERE CARED FOR ON A TEMPORARY BASIS AND 41 RECEIVED CARE ON A LONG-TERM BASIS. ASSISTED LIVING IS PROVIDED TO RESIDENTS IN THE PERSONAL/MEMORY CARE BUILDING. THERE ARE 21 PERSONAL CARE ROOMS AND 5 SPECIAL CARE ROOMS. IN 2017, THE AVERAGE DAILY CENSUS OF THE TWO UNITS WAS 20. OTHER SERVICES OFFERED TO SENIORS ON THE CASA DORINDA CAMPUS INCLUDE: DINING, MAINTENANCE, HOUSEKEEPING, SECURITY, ACTIVITIES, HEALTH AND FITNESS, THERAPIES, SOCIAL AND ADMINISTRATIVE SERVICES. ALL OF THESE PROGRAMS INCLUDING THE THREE LARGEST, ARE WITHIN THE UMBRELLA OF CONTINUING CARE. 22312162 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 221 0 1 297 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ROBIN DREW 8059698014 300 HOT SPRINGS ROAD MONTECITO CA 93108 LARRY DAM DIRECTOR 2.00 X 0 0 0 CHRISTINE LEWIS DIRECTOR 2.00 X 0 0 0 DR ROGER C DUNHAM DIRECTOR 2.00 X 0 0 0 WILLIAM MACKINNON SECRETARY 2.00 X X 0 0 0 SHARON GAMBLE DIRECTOR 2.00 X 0 0 0 JAMES G MCFARLANE DIRECTOR 2.00 X 0 0 0 BARBARA HADLEY DIRECTOR 2.00 X 0 0 0 EDWARD J MULLEN DIRECTOR 2.00 X 0 0 0 LACHLAN HOUGH VICE PRESIDENT AND TREASURER 2.00 X X 0 0 0 CRAIG PARTON CHAIRMAN 2.00 X X 0 0 0 DR RONALD LATIMER DIRECTOR 2.00 X 0 0 0 LYNDA TANNER DIRECTOR 2.00 X 0 0 0 ROBIN DREW CFO 40.00 X 175968 0 27992 VICKY MACGREGOR SENIOR DIRECTOR OF MEDICAL ACTIVITIES 40.00 X 177158 0 22785 TIMOTHY GALLAGHER SENIOR DIRECTOR OF PLANT OPERATIONS 40.00 X 166034 0 18257 BRIAN MCCAGUE CEO 40.00 X 278072 0 15942 KATIE HOEGH-GULDBERG MARKETING DIRECTOR 40.00 X 123337 0 12816 CAROL WHITEHURST MEDICAL CENTER DIRECTOR 40.00 X 122079 0 16233 JEROME WILLIAMS HR DIRECTOR 40.00 X 119357 0 11936 ALAN BLAVER IT DIRECTOR 40.00 X 106101 0 11506 KELLY WEISER MARKETING MANAGER 40.00 X 103854 0 4733 1371960 0 142200 9 0 1 0 PROWEST PCM INC DBA PROWEST CO 22710 PALOMAR ST WILDOMAR CA 92595 CONSTRUCTION 4593550 COVENANT ADMINISTRATIVE SERVICES 2810 PREMIER PARKWAY SUITE 400 DULUTH GA 30097 HEALTHCARE 1393645 CEARNAL COLLECTIVE 521 1/2 STATE STREET SANTA BARBARA CA 93101 ARCHITECTURE 803380 AFFIRMA REHABILITATION INC 27071 ALISO CREEK RD 100 ALISO VIEJO CA 92656 PHYSICAL THERAPY 465967 SHUPE CONSTRUCTION INC 622 W PEDREGROSA B SANTA BARBARA CA 93101 CONSTRUCTION 317562 6 3243805 584682 3243805 PROGRAM SERVICE FEES 623000 25934942 25934942 SERVICE INCOME 623990 705384 705384 26640326 555516 555516 1521153 549 1317893 0 203260 549 203809 203809 30643456 27399651 0 0 882208 882208 10167985 9586927 466695 114363 624928 516305 108623 2110213 1945470 137000 27743 804135 715440 88695 160731 97150 63581 185600 185600 87759 87759 22244 22244 51905 51905 479907 479907 6020 5930 90 25953 18784 4665 2504 15902 15902 3315149 3315149 378442 378442 FOOD PURCHASES 1621030 1614863 6167 UTILITIES 1155985 1155926 59 SUPPLIES 772743 720322 48474 3947 RESIDENT MEDICAL COSTS 727799 727799 1731425 1396288 311233 23904 25328063 22312162 2821196 194705 33317781 13685004 608000 2256471 1549083 1639957 668442 173918 198778 145334 525503 531592 85000734 36112087 39906269 48888647 1172249 22059856 762060 428181 78708165 89808960 2549795 3019217 1481765 1511485 6491639 5526652 200000 75000 54780183 58808892 65503382 68941246 X 11089259 15654592 1854883 4944900 260641 268222 13204783 20867714 78708165 89808960 X 5315393 2432859 -85321 X X 0 1 X 1 0 X 82898 362800 734481 1524183 3243805 5948167 22976039 23838655 25273890 24840224 26640326 123569134 23058937 24201455 26008371 26364407 29884131 129517301 524500 444410 968910 0 524500 444410 968910 128548391 316488 471585 480787 464490 555516 2288866 316488 471585 480787 464490 555516 2288866 23375425 24673040 26489158 26828897 30439647 131806167 0.97530 0.97880 0.01740 0.01690 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 260641 1000 6581 268222 237068 21000 2573 260641 190532 47463 -927 237068 190532 190532 1.00000 0 0 5015934 5015934 27735890 18640201 9095689 38754529 15761456 22993073 4489285 1710430 2778855 9005096 9005096 48888647 UNEARNED ENTRANCE FEES 53162348 LIABILITY UNDER CHARITABLE REMAINDER TRUSTS 12700 DEFERRED COMPENSATION PLAN LIABILITIES 355494 REFUNDABLE DEPOSITS IN ESCROW 5278350 58808892 X 33076315 2432859 2432859 30643456 0 30643456 25328063 0 25328063 0 25328063 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH THE ASSOCIATION ADOPTED AS OF JANUARY 1, 2009. THE UPDATED STANDARD ADDRESSES DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATION BY THE U.S. FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2014 AND BY THE STATE OF CALIFORNIA TAX AUTHORITIES FOR YEARS BEFORE 2013. 0 JEROLD PANAS LINZY PARTNERS INC 500 NORTH MICHIGAN AVE SUITE 1035 CHICAGO IL 60611 MASTER PLAN CAMPAIGN OVERSIGHT AND COUNSEL 0 0 22244 -22244 22244 -22244 SCHEDULE G, PART I, LINE 2B, COLUMN (V) FUNDRAISING CONSULTANT WHO PROVIDES MASTER PLAN CAMPAIGN OVERSIGHT AND COUNSEL. X X 0 0 X X X 0 0 0 0 0 1 0 0 0 ROBIN DREW CFO 160945 0 15023 0 0 0 18542 0 9450 0 203960 0 0 0 VICKY MACGREGOR SENIOR DIRECTOR OF MEDICAL ACTIVITIE 163503 0 13655 0 0 0 18177 0 4608 0 199943 0 0 0 TIMOTHY GALLAGHER SENIOR DIRECTOR OF PLANT OPERATIONS 153078 0 12956 0 0 0 16754 0 1503 0 184291 0 0 0 BRIAN MCCAGUE CEO 244739 0 33333 0 0 0 10816 0 5126 0 294014 0 0 0 PART I, LINE 1A SUBSIDIZED HEALTH CLUB DUES ARE PROVIDED FOR ALL EMPLOYEES. HOUSING IS INCLUDED AS PART OF THE CEO'S EMPLOYMENT CONTRACT. PART I, LINE 6 ONE CRITERIA OF THE DIRECTOR AND SENIOR DIRECTOR BONUS CALCULATION IS BASED ON FINANCIAL PERFORMANCE. A COUNTY OF SANTA BARBARA W FINANCING FROM SANTA BARBARA BANK AND TRUST 2012-03-01 11550000 TO TAKE ADVANTAGE OF LOWER INTEREST RATES IN ORDER TO IMPROVE CASH FLOW 0 0 0 B FINANCING AUTHORITY REVENUE BONDS FROM US BANK 2017-06-22 6310000 TO REFINANCE 2012 COPS AND TO HELP FINANCE 2017 CONSTRUCTION PROJECT 0 0 0 A 11550000 11550000 250773 2032 0 0 1 1 B 407414 6310000 388897 2032 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 0 B 0 TB CABINETS OWNER IS BROTHER-IN-LAW OF ASSOCIATE DIRECTOR OF FINANCE 209195 SUPPLIES AND LABOR FOR CUSTOM CABINETS, KITCHENS AND BATHROOMS 0 X 8 584682 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED FIRST TO THE MEMBERS OF THE AUDIT COMMITTEE AND MADE AVAILABLE TO THE MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C NEW MEMBERS ARE GIVEN A COPY OF THE CONFLICT OF INTEREST STATEMENT AND ETHICS DECLARATION UPON JOINING THE MONTECITO RETIREMENT ASSOCIATION BOARD OF DIRECTORS. THE NEWLY ELECTED MEMBERS ARE ASKED TO READ THE STATEMENT, SIGN AND COMPLY WITH THE POLICY DURING THEIR TERM. ALL MEMBERS SIGN THE STATEMENT ANNUALLY THEREAFTER. THE CORPORATE COMPLIANCE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE ENGAGED THE SERVICES OF FUTURESENSE, AN INDEPENDENT CONSULTANT, TO COMPLETE A COMPETITIVE COMPENSATION REVIEW OF EXECUTIVE STAFF IN OCTOBER 2012. IT WAS UPDATED IN 2015 AND USED BY THE EXECUTIVE COMMITTEE TO REVIEW THE COMPENSATION RANGE OF THE CEO. IN 2016, THE COMMITTEE CONSIDERED BOTH THE EXISTING SALARIES OF CEO APPLICANTS AND CASA DORINDA'S OPERATING BUDGET TO DETERMINE THE NEW CEO'S COMPENSATION. IN 2017, THE EXECUTIVE COMMITTEE BASED SALARY ON PERFORMANCE, BUDGET AND GOALS. THE CEO DETERMINES THE COMPENSATION OF OTHER MANAGEMENT POSITIONS IN CONJUNCTION WITH THE BOARD APPROVED BUDGET. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVALIABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE REMAINDER TRUSTS 746. LOSS ON BOND REFINANCING -86,067. FORM 990, PART XII, LINE 2C THERE IS NO CHANGE FROM THE PRIOR YEAR. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION MONTECITO RETIREMENT ASSOCIATION 300 HOT SPRINGS ROAD MONTECITO, CA 93108 EMPLOYER IDENTIFICATION NUMBER: 23-7425754 FOR THE YEAR ENDING DECEMBER 31, 2017 MONTECITO RETIREMENT ASSOCIATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).