2016-08-23T16:37:12-05:00 2016-03-31 910189318 Moss Adams LLP 101 Second Street Suite 900 San Francisco CA 94105 990 2015-04-01 946130471 Episcopal Senior Communities EPIS 9259567400 2185 N California Blvd Suite 575 Walnut Creek CA 94596 Kevin Gerber CEO 9259567400 2016-08-15 1 Renie Burbank P00159653 4159561500 2015 2016-12-15 16:53:06Z KEVIN GERBER 2185 N California Blvd Suite 575 Walnut Creek CA 94596 156315549 0 X www.jtm-esc.org X 1965 CA ESC PROVIDES HOUSING AND OTHER SUPPORTIVE SERVICES TO SENIORS OF ALL ECONOMIC MEANS. 9 9 1515 703 0 0 1651182 1004492 101736360 126428128 1195639 3996424 1787767 1112824 106370948 132541868 797806 2046379 0 0 48949618 61193252 0 0 0 56032865 69352663 105780289 132592294 590659 -50426 487773122 489296821 401717224 432950487 86055898 56346334 X Episcopal Senior Communities cultivates and builds healthy communities with a continuum of residential and innovative aging services that actively promote intellectual, physical, social and spiritual well-being. 0 0 121761292 880160 124290245 See Schedule OEpiscopal Senior Communities (ESC) is a pioneering leader in senior care retirement living since 1965. ESC has built, opened, and operates six continuing care communities on a nonprofit and non-denominational basis which are licensed by the state of California. The communities offer its residents security and peace of mind which includes: (1) the promise of care for the remainder of the resident's life; (2) independent living with a wide range of resident services; (3) all levels of care on site, including skilled nursing care and physician's visits; and the opportunity to continue living in the community even if the resident has exhausted their financial resources through no fault of their own. 2232475 573522 See Schedule OESC SPONSORS AND MANAGES COMMUNITY SERVICES PROGRAMS WHICH SERVE LOW-INCOME SENIORS IN NORTHERN CALIFORNIA. SENIOR RESOURCES WAS THE FIRST OF ESC'S COMMUNITY OUTREACH SERVICES, HAVING ASSISTED AT-RISK SENIORS AND CONNECTED THEM TO SUPPORT SERVICES FOR OVER FORTY YEARS. THE SEVEN SENIOR RESOURCES DIRECTORS IDENTIFY THE NEEDS OF SENIORS IN THEIR COUNTY, DESIGN SOLUTIONS TO MEET THOSE NEEDS AND ANSWER SENIORS QUESTIONS ON TOPICS SUCH AS HOUSING, TRANSPORTATION, AND SUPPORT SERVICES. IN RESPONSE TO NEED, THE SAN FRANCISCO DIRECTOR OF SENIOR RESOURCES DEVELOPED ELDERWISE (WORKING IN SERVICE TO ELDERS), A FRIENDLY-VISITOR PROGRAM THAT ASSIGNS VOLUNTEERS TO VISIT SENIORS BASED ON INTERESTS, NEEDS, AND LOCATION. ALL SENIOR RESOURCES DIRECTORS HAVE SAFETY-NET FUNDS TO DISTRIBUTE TO SENIORS ON A ONE-TIME, EMERGENCY BASIS TO ASSIST WITH FOOD, RENT, UTILITIES, OR UNEXPECTED MEDICAL COSTS. ESC ALSO CONDUCTS SENIOR PRODUCE MARKETS IN NINETEEN LOCATIONS TO MEET THE GROWING NEED FOR HEALTHY, ACCESSIBLE, AFFORDABLE FOOD FOR SENIORS. THEY PROVIDE FRESH FRUIT AND VEGETABLES AT WHOLESALE PRICES. ESC PARTNERS WITH OTHER NONPROFIT ORGANIZATIONS TO LOCATE THE MARKETS AT SENIOR CENTERS, CHURCHES AND AFFORDABLE HOUSING COMMUNITIES. THE MARKETS ARE PRIMARILY RUN BY VOLUNTEERS AND SERVE AS A WELCOMING COMMUNITY WHERE SENIORS CAN ALSO RECEIVE INFORMATION ON OTHER IMPORTANT SERVICES. THE PROGRAM WAS AWARDED THE AGING SERVICES OF CALIFORNIA COMMUNITY SERVICE AWARD IN 2003. ESC'S SENIOR CENTER WITHOUT WALLS (SCWW) IS A TELEPHONE ACTIVITY PROGRAM DESIGNED TO ALLEVIATE ISOLATION AND DEPRESSION AMONG SENIORS WHO ARE UNABLE TO PARTICIPATE IN ACTIVITIES OUTSIDE THEIR HOME, EITHER DUE TO ILLNESS, TRANSPORTATION ISSUES, OR CARING FOR A SPOUSE. SENIOR PARTICIPANTS CHOOSE FROM OVER SIXTY COURSE OFFERINGS EACH WEEK WHICH ARE FACILITATED BY VOLUNTEERS. SCWW HAS RECEIVED THE 2010 JEFFERSON AWARD FOR PUBLIC SERVICE, THE 2009 CITATION OF HONOR FROM THE INTERNATIONAL ASSOCIATION OF HOMES AND SERVICES FOR THE AGING AND THE 2008 MINDALERT AWARD FROM THE AMERICAN SOCIETY ON AGING AND METLIFE FOUNDATION. OVER THE LAST YEAR, SCWW HAS "GONE NATIONAL AND NOW HAS A PRESENCE IN TEN STATES. ESC ALSO HAS A WONDERFUL PARTNERSHIP WITH ROTARY, AND SERVES WELL OVER 150 SENIORS EACH YEAR AT NO COST BOTH IN MARIN AND CONTRA COSTA COUNTY, WHO NEED SIMPLE HOME MAINTENANCE TO KEEP THEIR HOMES SAFE. FINALLY, ESC HAS A SHARED HOUSING PROGRAM IN MARIN THAT MATCHES HOMESEEKERS TO HOMEOWNERS, USING EXISTING HOUSING STOCK TO CREATE AFFORDABLE HOUSING. WE ARE PARTNERING WITH NCPHS TO REPLICATE THIS PROGRAM IN SAN FRANCISCO. 1564361 1166219 1564361 See Schedule OESC PROVIDES FINANCIAL ASSISTANCE TO OVER 40 RESIDENTS IN ITS CONTINUING CARE RETIREMENT COMMUNITIES WHO HAVE EXHAUSTED THEIR FUNDS AND CAN NO LONGER AFFORD TO PAY THEIR MONTHLY SERVICE FEES. THESE RESIDENTS RECEIVE PARTIAL OR FULL CREDITS OF THEIR MONTHLY FEES DEPENDING ON THEIR FINANCIAL NEED. IN SOME INSTANCES, THEY ALSO RECEIVE A STIPEND SO THAT THEY CAN PAY FOR THEIR MEDICATIONS OR HEALTH CARE EXPENSES WHICH ARE NOT OTHERWISE COVERED BY INSURANCE. 125558128 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 373 0 1 1515 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X DIANA JAMISON 9259567400 2185 N California Blvd 575 Walnut Creek CA 94596 Skaggs Sanford CHAIRMAN 5.00 1.00 X X 0 0 0 Peters William VICE CHAIRMAN 5.00 0.00 X X 0 0 0 Aita Joe Director 5.00 0.00 X 0 0 0 Bentley Barbara Director (THRU 10/21/15) 5.00 0.00 X 0 0 0 Chapman Charles Director 5.00 0.00 X 0 0 0 Croak Kevin Director (THRU 10/21/15) 5.00 0.00 X 0 0 0 Duranteau Nancy Director 5.00 0.00 X 0 0 0 Flannery Patrick Director 5.00 0.00 X 0 0 0 Forte Vince Director 5.00 0.00 X 0 0 0 Hickey Mike Director (THRU 10/21/15) 5.00 0.00 X 0 0 0 Mason William Director (THRU 10/21/15) 5.00 0.00 X 0 0 0 Rice Baxter Director (THRU 10/21/15) 5.00 0.00 X 0 0 0 Sause Helen Director 5.00 7.00 X 0 0 0 Sonosky Jerry Director 5.00 0.00 X 0 0 0 Wiuff Carl Director (THRU 10/21/15) 5.00 0.00 X 0 0 0 Gerber Kevin President, CEO 32.40 7.60 X 325465 80520 105780 Tobin William C Gen'l Cnsl, Chf Risk Off'r 31.00 9.00 X 267246 85942 87493 Schaefer Ron VP/COO (STARTING 2/1/16) 34.40 5.60 X 0 0 0 Kennedy Marilyn C VP/COO (THRU 10/31/15) 34.40 5.60 X 415284 83706 67779 Jamison Diana Treasurer, CFO 32.40 7.60 X 214414 56639 74374 Dana Christopher VP of Information Technology 40.00 0.00 X 165546 0 67988 Campbell Dee Ann secretary/Sr VP Org'l Advmt 24.50 15.50 X 139113 92968 72543 Powell Tracy VP of Outreach Programs 19.40 20.60 X 75141 80753 46125 Jones Lorna VP Human Resources 38.80 1.20 X 127933 4354 20075 York Sharon D Exec. Director - SLV 39.00 1.00 X 194661 0 56919 Ichien Christopher Exec. Director - LGM 40.00 0.00 X 169673 0 58364 Brambilla Norma Exec. Director - CW 40.00 0.00 X 164912 0 61630 Mitchell Melody Exec. Director - SFT 40.00 0.00 X 159402 0 52499 Hibbs Linda S Exec. Director - WH 40.00 0.00 X 158380 31676 47433 Casey Jonathan CFO for Affordable Housing 26.10 13.90 X 112342 94000 28706 ADJIVON IVY Sr Director Health Svcs 40.00 0.00 X 157915 0 15002 Feddersen Denisa Corporate Controller 40.00 0.00 X 158312 0 15040 Hermanson Kristin Assist. Exec Director - SLV 40.00 0.00 X 145891 0 13860 Merlin Xiomara Sr Director Sales Mrkt'g 40.00 0.00 X 156139 0 14833 Linde Mary Exec. Director - SPT 40.00 0.00 X 134803 0 38274 3442572 610558 944717 59 0 1 0 NELSON T LEWIS CONSTRUCTION CO INC 2505 SAMARITAN DR SUITE 510 san jose CA 951244014 CONSTRUCTION SERVICES 5669587 MORRISON SENIOR DINING PO BOX 102289 atlanta GA 303682289 Dining Services 3781965 KAISER FOUNDATION HEALTH PLAN FILE 50016 LOS ANGELES CA 900740016 MEDICAL SERVICES 3755440 CITY BUILDING INC 212 N San Mateo Drive SAN MATEO CA 94401 CONSTRUCTION SERVICES 3620544 ONR INC 1101 S Capital of Texas Hwy suite austin TX 78746 Medical Services 3480852 126 1004492 1004492 MONTHLY RESIDENT FEES 623000 64046637 64046637 Nursing Center 623000 41200973 41200973 Amort. deferred rev. 623990 20400014 20400014 Other program revenue 623990 574165 574165 HCBS Revenue 623990 206339 206339 126428128 4010911 4010911 298036 0 298036 298036 298036 23759194 23773681 -14487 -14487 -14487 CCRC Management Revenue 900099 755346 755346 Other revenue 900099 59442 59442 814788 132541868 126428128 0 5109248 880160 880160 1166219 1166219 3497806 1351419 2146387 44250420 40912618 3337802 1884036 1612647 271389 7989392 7989392 3571598 3191503 380095 1500469 1500469 439906 439906 209400 209400 249187 249187 4078289 4078289 1670737 1670737 11170507 11170507 695866 695866 8522794 8522794 210231 210231 166313 166313 8199274 8199274 21407052 21407052 1150948 1150948 health care 7005139 7005139 Social Prgms/Activities 1997544 1997544 TAXES & LICENSES 367910 367910 311097 311097 132592294 125558128 7034166 0 159846 473898 19013131 17056680 6884189 10848064 10000000 0 2090332 1911054 566888247 238498095 297840892 328390152 103930585 92307851 500000 1239677 47354147 37069445 487773122 489296821 17874597 17957654 129206460 141342499 165721079 158106233 11200000 88915088 104344101 401717224 432950487 X 86055898 56346334 86055898 56346334 487773122 489296821 X -50426 -6292113 -23367025 X X 0 1 X 1 0 X 1502100 1937245 2039889 1651182 1004492 8134908 100145537 100541378 99550894 101736360 126428128 528402297 101647637 102478623 101590783 103387542 127432620 536537205 1502100 1937245 2039889 1651182 1004492 8134908 0 1502100 1937245 2039889 1651182 1004492 8134908 528402297 2905278 2909359 3737194 5022802 4308947 18883580 2905278 2909359 3737194 5022802 4308947 18883580 75397 43357 1444120 814788 2377662 104628312 105387982 105371334 109854464 132556355 557798447 0.94730 0.94790 0.03390 0.03310 X Schedule A, Part III, Line 12, Explanation of Other Income: INSURANCE REIMBURSEMENT - 2011 Amount: $ 75,397. Other revenue - 2013 Amount: $ 43,357. 2014 Amount: $ 1,444,120. 2015 Amount: $ 814,788. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 664420 15806 15806 664420 654420 10000 47016 47016 664420 654420 69147 69147 654420 654420 35205 35205 654420 654420 62582 62582 654420 1.00000 0 1 1 43448845 43448845 293752481 111712458 182040023 178766558 94411704 84354854 42584964 31910206 10674758 8335399 463727 7871672 328390152 Assets HEld by Bond Indenture 30705710 Other DEferred CHarges 4235464 Due from ESC Foundation 217878 MISSION DEVELOPMENT 1910393 37069445 Accrued Retirement Benefits 13969717 REFUNDABLE ENTRANCE FEES 90374384 104344101 X Part V, Line 4: ENDOWMENT FUND EARNINGS ARE USED FOR ATRIUM AT SLV AND ASSISTANCE FOR RESIDENTS. $168,784 IS THE NUTTER FUND FOR THE SLV ATRIUM; AND $495,636 IS FOR ASSISTANCE FUNDS. Part X, Line 2: ESC adopted the provisions of the ASC Topic 740-10, Income Taxes, relating to accounting for uncertain tax positions on April 1, 2009, which had no financial statement impact to ESC. ESC recognizes the tax benefit from uncertain tax positions only if it is more likely than not that the tax positions will be sustained on examination by the tax authorities, based on the technical merits of the position. The tax benefit is measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. ESC recognizes interest and penalties related to income tax matters in operating expenses. 1 Episcopal Senior Communities Foundation 2185 N California Blvd Suite 575 walnut creek CA 94596 460502111 501(c)(3) 880160 SUPPORT FOR ESCF 1 REsident Assistance 34 1166219 Part I, Line 2: Organization Assistance: Each organization who receives funds submits an annual written evaluation report. Resident Assistance: If a resident is unable to afford his/her monthly care fees, he/she may request financial assistance from ESC. The resident completes an application for assistance, provides supporting documentation, and meets with the Executive Director to review his/her financial resources. The Executive Director reviews and the Controller reviews and approves any applications for assistance. The funds are credited to the resident's internal accounts to reduce the cost for their monthly care and services. X X X 1 1 0 0 0 1 0 0 0 Gerber Kevin President, CEO 325465 80520 0 0 0 0 66416 16431 18385 4548 410266 101499 0 0 Tobin William C Gen'l Cnsl, Chf Risk Off'r 210250 67613 29875 9607 27121 8722 50562 16260 15641 5030 333449 107232 27121 8722 Kennedy Marilyn C VP/COO (THRU 10/31/15) 277129 55859 0 0 138155 27847 39452 7952 16957 3418 471693 95076 0 0 Jamison Diana Treasurer, CFO 214414 56639 0 0 0 0 44096 11648 14737 3893 273247 72180 0 0 Dana Christopher VP of Information Technology 165546 0 0 0 0 0 34273 0 33715 0 233534 0 0 0 Campbell Dee Ann secretary/Sr VP Org'l Advmt 128123 85623 10990 7345 0 0 28403 18981 15081 10078 182597 122027 0 0 Powell Tracy VP of Outreach Programs 75141 80753 0 0 0 0 15356 16503 6876 7390 97373 104646 0 0 Jones Lorna VP Human Resources 38731 1318 0 0 89202 3036 12154 414 7260 247 147347 5015 0 0 York Sharon D Exec. Director - SLV 194661 0 0 0 0 0 39784 0 17135 0 251580 0 0 0 Ichien Christopher Exec. Director - LGM 169673 0 0 0 0 0 35068 0 23296 0 228037 0 0 0 Brambilla Norma Exec. Director - CW 164912 0 0 0 0 0 33715 0 27915 0 226542 0 0 0 Mitchell Melody Exec. Director - SFT 159402 0 0 0 0 0 33017 0 19482 0 211901 0 0 0 Hibbs Linda S Exec. Director - WH 158380 31676 0 0 0 0 32336 6467 7192 1438 197908 39581 0 0 Casey Jonathan CFO for Affordable Housing 92536 77428 19806 16572 0 0 10672 8930 4957 4147 127971 107077 0 0 ADJIVON IVY Sr Director Health Svcs 157915 0 0 0 0 0 15002 0 0 0 172917 0 0 0 Feddersen Denisa Corporate Controller 158312 0 0 0 0 0 15040 0 0 0 173352 0 0 0 Hermanson Kristin Assist. Exec Director - SLV 145891 0 0 0 0 0 13860 0 0 0 159751 0 0 0 Merlin Xiomara Sr Director Sales Mrkt'g 156139 0 0 0 0 0 14833 0 0 0 170972 0 0 0 Linde Mary Exec. Director - SPT 134803 0 0 0 0 0 28333 0 9941 0 173077 0 0 0 Part I, Lines 4a-b PART I, LINE 4A: LORNA JONES RECEIVED A PAYMENT OF $92,238 AND THE AMOUNT WAS INCLUDED IN HER FORM W-2. PART I, LINE 4B: WE HAVE A 457F PLAN FOR THE FOLLOWING INDIVIDUALS. THE PARTICIPANTS OF THE PLAN SHALL BE THOSE EMPLOYEES WHO ARE ADMINISTRATORS AND OFFICERS OF ESC AND ITS AFFILIATES. ADMINISTRATORS ARE THE EXECUTIVE DIRECTORS OF THE COMMUNITIES. FROM TIME TO TIME THE BOARD MAY DESIGNATE ADDITIONAL OFFICERS AND ADMINISTRATORS. KEVIN GERBER DIANA JAMISON CHRISTOPHER DANA DEE ANN CAMPBELL RON SCHAEFER MARILYN KENNEDY TRACY POWELL WILLIAM TOBIN NORMA BRAMBILLA MELODY MITCHELL LINDA HIBBS CHRISTOPHER ICHIEN SHARON YORK MARY LINDE Part I, Line 6 EPISCOPAL SENIOR COMMUNITIES (ESC) maintains an incentive compensation program for all employees, including senior executives, which is based upon the following factors, in decreasing order of importance: 1. Whether ESC is meeting its quality benchmarks in delivering services to its residents. This factor is determined by the Quality First Committee of the Board of Directors. The performance measures evaluated include items such as the resident satisfaction survey, employee satisfaction survey, turnover, workers compensation, and financial results. Regardless of any of the remaining factors, no incentives are paid if the quality measure is not met. 2. The amount of actual net operating income achieved compared to the budgeted net operating income. Incentive payments funded, if any, are based on a sliding scale UP TO 40% of the participant's base compensation depending upon the actual level of performance. A minimum level of performance against budget must be achieved in order to pay out any incentives. 3. The actual occupancy rate achieved compared to the budgeted occupancy rate. A minimum level of performance against budget must be achieved in order to pay our any incentives. SCHEDULE J, PART I: All of the employees listed on Form 990 Part VII Section A--Officers, Directors, Trustees, Key Employees and Highest Compensated Employees--are employed and compensated by Episcopal Senior Communities (ESC). ESC reports 100% of the individual's compensation on W-2's issued by ESC. However, some of these employees are assigned duties for other related organizations (See Schedule R for additional information regarding the related organizations). As a result of these assignments, wage and benefit costs are allocated to related organizations. The wage and benefit costs allocated to each organization are reported for each individual as being compensated directly from that organization and the balance of compensation is reported as compensation from related organizations. A ABAG Finance Authority for Non-Profit Corporations 943130123 00037crw2 2011-10-27 62200000 part VI, Supplemental Information 0 0 0 B ABAG Finance Authority for Non-Profit Corporations 943130123 00037CTL4 2012-12-20 136763968 part VI, Supplemental Information 0 0 0 C CA Statewide Communities Development authority 2015-06-05 8718000 part VI, Supplemental Information 0 0 0 A 55313603 61269135 10737123 1478640 9986249 2011 1 0 1 1 B 21533580 127480000 1756675 2164311 111309402 2015 1 0 1 1 C 8495000 8718000 2015 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 1 1 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 1 0 0 0 0 A 1 B 1 C 0 PART VI, SUPPLEMENT INFORMATION DESCRIPTION OF PURPOSE REFINANCE OUTSTANDING CERTIFICATES OF PARTICIPATION & COST OF ISSUANCE FUNDED INTEREST, FUNDING RESERVES, AND PROJECT COSTS INCLUDING REIMBURSEMENT OF PROJECT COSTS INCURRED PRIOR TO THE ISSUANCE OF THE BONDS. Form 990, Part VI, Section A, line 4 The organization's Articles of Incorporation were amended to provide that any assets remaining upon dissolution shall be distributed to a charity organized and operated by the Episcopal Diocese of California. In addition, its Bylaws were amended to reduce the size of the board of directors from 15 to 9. Form 990, Part VI, Section A, line 6 Senior Resources of the West (SRW) (Formerly JTM Communities) is the sole corporate member. Form 990, Part VI, Section A, line 7a Senior Resources of the West (SRW) appoints a majority of the members of Episcopal Senior Communities' (ESC) board of directors. In addition to electing a majority of the ESC's board of directors, the member also has the right to vote on ESC's articles or bylaws. Form 990, Part VI, Section A, line 7b See description for 7a above Form 990, Part VI, Section B, line 11 CFO AND GENERAL COUNSEL CONDUCTED A COMPLETE AND THOROUGH REVIEW OF THE FORM 990. AN ELECTRONIC COPY OF THE FORM 990 WAS POSTED ON THE ORGANIZATION'S INTERNAL WEBSITE FOR BOARD REVIEW AND ADDITIONALLY, SENT VIA EMAIL DIRECTLY TO EACH BOARD MEMBER FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. Form 990, Part VI, Section B, line 12c The conflict of interest policy is reviewed on a transaction basis. THE POLICY APPLIES TO ALL INTERESTED PERSONS INCLUDING ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEReST IN THE ORGANIZATION. ANY OFFICER OR BOARD MEMBER HAVING A POSSIBLE CONFLICT OF INTEREST IN ANY MATTER MUST DISCLOSE THE EXISTENCE AND NATURE OF THE CONFLICT. AFTER DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST TO THE BOARD, THE INTERESTED OFFICER OR BOARD MEMBER WOULD LEAVE THE BOARD MEETING WHILE THE CONFLICT OF INTEREST IS DISCUSSED AND/OR VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. Form 990, Part VI, Section B, line 15 EVERY TWO YEARS Episcopal Senior Communities (ESC) USES AN INDEPENDENT CONSULTANT TO REVIEW AND ANALYZE CEO, EXECUTIVE DIRECTOR AND OTHER TOP MANAGEMENT POSITIONS USING NATIONAL INDUSTRY SPECIFIC COMPARABILITY DATA WHICH IS THEN PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD AND APPROVED BY THE ESC's CHAIRMAN OF THE BOARD of directors Form 990, Part VI, Section C, line 19 The audited financial statements are posted on the Episcopal Senior Communities website, at www.JTM-ESC.org. The governing/organizing documents and conflict of interest are available on request. Form 990, Part XI, line 9: CHange in Minimum Pension Liability -1,475,349. EFFECT OF ADOPTION OF FAS 158 -1,865,680. LOSS FROM EXTINGUISHMENT OF DEBT -137,445. CONSIDERATION PAID FOR AFFILIATED ENTITY -11,488,554. NET ASSETS OF LYTTON GARDENS, INC. AND WEBSTER HOUSE -9,060,674. CURRENT YEAR ACTIVITY OF LYTTON GARDENS, Inc. and Webster House 660,677. FORM 990, PART XII, LINE 2C AUDIT COMMITTEE HAS OVERSIGHT: THERE HAVE BEEN NO CHANGES TO THIS PROCESS FROM PRIOR YEAR. episcopal senior communities foundation 2185 N California Blvd STE 575 walnut creek CA 94596 460502111 Supporting organization to ESC CA 501(c)(3) 11-I Episcopal Senior Communities 1 Lytton Gardens Senior Communities 437 WEBSTER STREET PALO ALTO CA 94301 943382412 Provide direction, Support services & activities for supported org'n CA 501(C)(3) 11-II Senior Resources of the West 0 Senior Resources of the West 2185 N California Blvd STE 575 walnut creek CA 94596 941591805 Provide direction, support services & activities to create growth CA 501(c)(3) 11-III-FI N/A 0 Lytton Gardens Inc 437 webster street pALO ALTO CA 94301 942670036 skilled nursing facility CA 501(c)(3) 3 Senior Resources of the West 0 0 1 1 1 0 0 0 1 0 1 0 0 1 1 1 1 1 0 1 Episcopal Senior Communities Foundation B 880160 Book Value Episcopal Senior Communities Foundation C 1004492 Book Value EPISCOPAL SENIOR COMMUNITIES FOUNDATION D 217878 BOOK VALUE EPISCOPAL SENIOR COMMUNITIES FOUNDATION S 664420 BOOK VALUE