2016-11-15T12:58:13-06:00 2015-12-31 910189318 Moss Adams LLP 3121 W March Ln Ste 200 Stockton CA 952192367 990 2015-01-01 942906316 Eskaton Properties Inc ESKA 9163340810 5105 Manzanita Avenue Carmichael CA 95608 Bill Pace CFO 9163340810 2016-11-10 1 Tracy S Paglia P00366884 2099556100 2016-11-10 2015 2017-02-10 21:41:12Z Todd S Murch 5105 Manzanita Avenue Carmichael CA 95608 132218305 0 X WWW.ESKATON.ORG X 1983 CA To enhance the quality of life of seniors through innovative health, housing and social services. 13 12 1632 0 1422752 0 228919 2369122 89419869 91211517 3975224 7941198 0 0 93624012 101521837 1409504 4427185 0 0 52478924 52481504 0 0 0 33828442 34968723 87716870 91877412 5907142 9644425 146720092 141888505 126371737 118351263 20348355 23537242 The primary mission is to enhance the quality of life of seniors through innovative health, housing and social services. 0 0 41083156 0 54100213 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: 144,314 / Home health visits: 15,263. Please visit the Eskaton website (www.eskaton.org) for the Eskaton Annual Report. 32302432 0 37111304 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: 148,477 / INDEPENDENT LIVING RESIDENT DAYS: 46,860 / ASSISTED LIVING & MEMORY CARE RESIDENT DAYS: 44,488. PLEASE VISIT THE ESKATON WEBSITE (WWW.ESKATON.ORG) FOR THE ESKATON ANNUAL REPORT. 4427185 4427185 0 Grants to related organizations. 77812773 1 1 0 0 0 0 0 0 1 0 1 1 0 1 1 1 0 1 0 0 0 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 1 164 0 1 1632 1 1 1 0 0 0 0 0 1 5 0 0 0 X 13 12 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 1 0 CA X X Eduard Boogaard 9163395688 5105 Manzanita Avenue Carmichael CA 95608 Gay Marie Bone Board Member 0.10 0.60 X 0 0 0 Anne Burns Johnson Board Member 0.10 0.60 X 0 0 0 Margaret Dyer-Chamberlain Board Member 0.10 0.60 X 0 0 0 Carl Gerlach thru 52015 Vice Chair 0.10 0.60 X 0 0 0 Robert Edmondson Board Member 0.10 0.60 X 0 0 0 Doug Elmets Board Member 0.10 0.60 X 0 0 0 Wes G Justyn Chairperson 0.20 2.20 X 0 0 0 Samuel Perez Board Member 0.10 0.60 X 0 0 0 Victor Sipos Board Member 0.10 0.60 X 0 0 0 Lisa Yates Vice Chair 0.10 0.60 X 0 0 0 Patricia McFarland Board Member 0.10 0.60 X 0 0 0 Susan DeMarois Board Member 0.10 0.60 X 0 0 0 Chuck Schepel Board Member 0.10 0.60 X 0 0 0 Todd Murch President & CEO 40.00 14.00 X X 943093 0 35455 Bill Pace CFO 40.00 14.00 X 410890 0 33466 Elizabeth Donovan Secretary 40.00 14.00 X 383680 0 19523 Donna Garrett Assistant Secretary 40.00 X 84136 0 22693 Sheri Peifer Sr VP, Innovation & Strate 40.00 12.00 X 343890 0 332923 Charles Garcia VP, Information & Technology 40.00 14.00 X 212260 0 209509 Stephen Fife Exec Dir Esk Care Ctr Fair 40.00 X 175719 0 31153 Evelyn McGrath Exec Dir Esk Village Place 40.00 X 168385 0 30976 Cathy Sailor Exec Dir Affordable Housing 40.00 X 174066 0 16354 2896119 0 732052 42 0 1 0 MORRISON MANAGEMENT SPECIALISTS 3939 WALNUT AVENUE CARMICHAEL CA 95608 DINING SERVICES 2828532 HECKMAN CONSTRUCTION PO BOX 1893 COLFAX CA 95713 CONSTRUCTION 1351659 A TO Z CONSTRUCTION 7420 LEONARD AVENUE CITRUS HEIGHTS CA 95610 CONSTRUCTION 893501 OTTO CONSTRUCTION 1717 Second Street Sacramento CA 95811 CONSTRUCTION 660171 GlynnDevins Advertising 11230 College Blvd Overland KS 66210 Advertising 553378 27 2001817 367305 95000 2369122 Health Residential Svcs 623000 80967080 80967080 External Mgmt Fees 623000 3955343 2577478 1377865 program rental income 623000 3460651 3460651 AMORT OF DEF REVENUE 623000 1882585 1882585 CCRC Resale & Transfer 623000 526230 526230 419628 374741 44887 91211517 1380490 1380490 33395934 3861242 29012205 1684263 4383729 2176979 6560708 6560708 101521837 89788765 1422752 7941198 4427185 4427185 1932966 1932966 36026344 31674923 4351421 11543486 10516123 1027363 2978708 2575061 403647 553752 553752 97950 97950 390913 390913 6599115 5516432 1082683 561858 447651 114207 4049121 3523652 525469 3177470 2995340 182130 348067 179439 168628 85609 40625 44984 3274725 2599374 675351 5801636 5432493 369143 1761055 1705420 55635 ANCILLARY COSTS 3083190 3083190 TRANSFER TO RELATED ORG 861333 861333 Merchant Fees 532000 532000 Bad Debt 429982 429982 3360947 1272550 2088397 91877412 77812773 14064639 0 3927540 6832097 4287350 1493284 10450229 9048257 143983 156250 908710 822886 166745856 111214053 60336894 55531803 46202452 47334686 8416228 7457647 12046706 13211595 146720092 141888505 9195856 6827059 12718873 12570911 79305415 77589229 2595269 2510174 22556324 18853890 126371737 118351263 X 20341929 23530918 6426 6324 20348355 23537242 146720092 141888505 X 9644425 -5757628 -697910 X 0 1 X 1 0 X 96793 293218 427517 228919 2369122 3415569 77764825 86158565 86199575 88497234 89788765 428408964 77861618 86451783 86627092 88726153 92157887 431824533 1292717 1645433 1704038 1779247 3475255 9896690 0 1292717 1645433 1704038 1779247 3475255 9896690 421927843 1336436 1358794 1169802 1229082 1380490 6474604 344761 44887 389648 1336436 1358794 1169802 1573843 1425377 6864252 7571331 7571331 86769385 87810577 87796894 90299996 93583264 446260116 0.94550 0.94990 0.01540 0.01520 X Schedule A, Part III, Line 12, Explanation of Other Income: Income from SWAP Settlement - 2011 Amount: $ 7,571,331. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 3172422 1908411 1784014 3296819 0 1830000 9116702 10946702 83623966 62987183 20636783 49916853 31098993 18817860 21368697 17127877 4240820 889638 889638 55531803 Mesirow Absolute Return Fund, Ltd - CL MS-A MS 2038904 F Mesirow Institutional Equity Fund, L.P. 2453472 F Private Advisors Stable Value Fund, Ltd. - Class C1SB 2965271 F 7457647 Associate member/patient deposits 3296818 Deferred financing costs, net 1404355 Due from related party 6989518 Other Assets 723904 Due from Liability Insurer 797000 13211595 Self-insured workers' comp 9764442 Professional Liability 2134058 Associate member/patient deposits 3296818 Unfunded pension obligation 3416272 due to related party 170591 Other 71709 18853890 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, 2015 AND 2014, THERE WERE NO SUCH UNCERTAIN TAX POSITIONS. 1 Eskaton Foundation 5105 Manzanita Ave Carmichael CA 95608 680227233 501(C)(3) 897595 To assist with programs Eskaton 5105 Manzanita Ave carmichael CA 95608 942906307 501(C)(3) 2581559 To assist with programs ESKATON LODGE GRANITE BAY 5105 Manzanita Ave Carmichael CA 95608 941663809 501(C)(3) 948031 Purchase of Eskaton Lodge Gold River 3 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. The grant to Eskaton Lodge Granite Bay (related organization) was related to the acquisition from that affiliate of Eskaton Lodge Gold River. X X X X 0 1 0 0 0 0 0 1 0 Todd Murch President & CEO 479360 0 197359 0 266374 0 7950 0 27505 0 978548 0 0 0 Bill Pace CFO 303390 0 107500 0 0 0 5961 0 27505 0 444356 0 0 0 Elizabeth Donovan Secretary 308680 0 75000 0 0 0 7950 0 11573 0 403203 0 0 0 Sheri Peifer Sr VP, Innovation & Strate 256390 0 87500 0 0 0 305449 0 27474 0 676813 0 0 0 Charles Garcia VP, Information & Technology 189760 0 22500 0 0 0 208263 0 1246 0 421769 0 0 0 Stephen Fife Exec Dir Esk Care Ctr Fair 158219 0 17500 0 0 0 4147 0 27006 0 206872 0 0 0 Evelyn McGrath Exec Dir Esk Village Place 168385 0 0 0 0 0 3982 0 26994 0 199361 0 0 0 Cathy Sailor Exec Dir Affordable Housing 174066 0 0 0 0 0 5267 0 11087 0 190420 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 $240,708. Sheri Peifer received a contribution to the plan in the amount of $297,499. Charles Garcia received a contribution to the plan in the amount of $201,879. Part I, Line 7 The CEO's bonus is given at the discretion of the Board of Directors. Any discretionary 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 3225000 19200000 19200000 2013 1 0 1 1 B 4025000 55568973 4147750 932004 50489219 2013 1 0 1 1 C 3840000 40183124 3762412 732658 8085284 27611770 2015 1 0 1 1 B 0 1 1 1 0 0.00400 0.00400 0.00800 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 1 0 0 0 0 0 0 1 A 1 B 1 C 1 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 B: TOTAL PROCEEDS EXCEED ISSUE PRICE BY $292,743 DUE TO INVESTMENT PROCEEDS EARNED DURING THE PROJECT PERIOD. X CCRC Memberships 5 95000 Subsequent resale 5 0 1 0 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 11 Data to prepare the 990 is gathered by the lead accountant. The return is prepared by a professional accounting firm and reviewed by the Director of Finance and 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 Compensation of the CEO is determined by a compensation committee of the Board of Directors. The compensation committee utilizes the services of a professional compensation consultant that provides data from a wide range of comparable organizations. For the COO, CFO, and other highly compensated employees, compensation is determined by the CEO based on annual (COO and CFO) or periodic (other highly compensated employees) recommendations from a professional compensation consultant and/or data from surveys of comparable organizations. This process is performed annually. The last review was November 2015. 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 -697,910. Eskaton Lodge Granite Bay 5105 Manzanita Avenue Carmichael CA 95608 941663809 Senior Residences & Services CA 501(c)(3) Line 9 Eskaton 1 Eskaton Village Grass Valley 5105 Manzanita Avenue Carmichael CA 95608 943358174 Senior Residences & Services CA 501(c)(3) Line 9 Eskaton 1 Eskaton Village Roseville 5105 Manzanita Avenue Carmichael CA 95608 680472230 Senior Residences & Services CA 501(c)(3) Line 9 Eskaton 1 ESKATON VILLAGE PLACERVILLE 5105 Manzanita Avenue Carmichael CA 95608 270704516 Senior Residences & Services CA 501(c)(3) Line 9 Eskaton 1 Eskaton 5105 Manzanita Avenue Carmichael CA 95608 942906307 Senior home-based Services CA 501(c)(3) Line 9 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 9 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 0 0 1 1 0 0 1 1 0 1 Eskaton Foundation B 897595 FMV ESKATON B 2581559 FMV Eskaton Village Roseville C 920704 FMV Eskaton Foundation C 325259 FMV Eskaton Lodge Granite Bay D 2700140 EOY Balance Eskaton Foundation D 57051 EOY Balance ESKATON VILLAGE PLACERVILLE D 209805 EOY Balance ESKATON FOUNTAINWOOD LODGE D 3989761 EOY Balance ESKATON VILLAGE ROSEVILLE L 383500 FMV ESKATON VILLAGE GRASS VALLEY L 459462 fMV Eskaton Lodge Granite Bay L 359653 FMV ESKATON VILLAGE PLACERVILLE L 275264 FMV ESKATON FOUNTAINWOOD LODGE L 301015 FMV ESKATON VILLAGE GRASS VALLEY P 553097 FMV Eskaton Lodge Granite Bay P 287678 FMV ESKATON Q 264759 FMV ESKATON VILLAGE PLACERVILLE Q 1461484 FMV ESKATON FOUNTAINWOOD LODGE Q 3638443 FMV Eskaton Village Roseville S 5862000 FMV ESKATON VILLAGE GRASS VALLEY S 2781000 FMV Eskaton Lodge Granite Bay S 825000 FMV EsKATON C 755857 Book Eskaton lodge Granite Bay B 948031 Book