2015-02-12T13:35:58-08:00 2014-09-30 RK Taylor & Associates 2890 North Main St Suite 305 Walnut Creek CA 94597 990 2013-10-01 200566413 Las Ventanas Retirement Community LASV 7023602662 c/o 6120 Stoneridge Mall Rd3rd Fl Pleasanton CA 94588 Pamela S Claassen CFO 2015-02-12 true John M Kikuchi P00009948 9259447662 2013 2016-03-07 17:11:31Z David B Ferguson 6120 Stoneridge Mall Rd Pleasanton CA 94588 19559821 false false X www.lasventanaslv.com X 2004 CA To provide quality residential housing for senior citizens along with personal services, assisted living and nursing services. 9 9 300 0 86242 19240445 19472989 2714 590 0 19243159 19559821 0 0 7356249 7660993 0 0 19622951 12600529 26979200 20261522 -7736041 -701701 85061998 86564647 132015371 135778976 -46953373 -49214329 To provide quality residential housing for senior citizens along with personal services, assisted living and nursing services. false false 18642783 19472989 Nursing and retirement facility with services ranging from individual retirement living to 24-hour skilled nursing care. 18642783 true true false false false false false false false false true false false false true true true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false true false false false false true 28 0 true 300 true false false false false false false false false 0 false false false false false false false false false false X 9 9 false true false false true true true true true false false true true true true true true true false false X X Pamela Claassen 9259247117 6120 Stoneridge Mall Rd Pleasanton CA 94588 Ann Lynch Board Member 2.00 0.00 X 0 0 0 David Dahan Chairman 2.00 0.00 X 0 0 0 Lyndsay White Board Member 2.00 0.00 X 0 0 0 Randy Ecklund Board Member 2.00 0.00 X 0 0 0 Christopher A Vito Vice Chair 2.00 0.00 X 0 0 0 David Sonenstein Board Member 2.00 0.00 X 0 0 0 Mike Murphy Board Member 2.00 0.00 X 0 0 0 Ruby Warthan-Vance Board Member 2.00 0.00 X 0 0 0 Jerry Harmon Board Member 2.00 0.00 X 0 0 0 S Louise Rankin General Counsel 2.00 40.00 X 0 265346 38796 David B Ferguson Pres 2.00 40.00 X 0 2065593 164217 Pamela S Claassen CFO 2.00 40.00 X 0 385840 81354 Dennis Gradillas Exec Dir 40.00 0.00 X 165145 0 64657 165145 2716779 349024 1 false true false Aegis Therapies Inc 1000 Fianna Way Fort Smith AR 72919 Nursing 1175770 Sodexo Inc PO Box 536922 Atlanta GA 30353 Dining Svc 314515 BTMC LLC 8948 Spanish Ridge Ave Las Vegas NV 89148 Marketing 470714 Omnicare Inc PO Box 78000 Detroit MI 48278 Med care 382342 Medline Industries Dept LA 21558 Pasadena CA 91185 Nursing 154714 8 86242 86242 Amortization of fees 1571027 1571027 Other 206763 206763 Resident Services 17695199 17695199 19472989 590 590 0 0 0 0 0 0 0 0 19559821 19472989 590 0 0 0 0 0 0 6432797 6074261 358536 0 453633 407561 46072 774563 731188 43375 511509 2000 509509 21119 21119 64428 45032 19396 0 0 0 997912 748967 248945 654624 652219 2405 0 0 0 904345 901757 2588 100966 85495 15471 0 0 2329849 2329849 0 2400554 2400554 107814 107814 Nursing ANS 1642669 1642669 Supplies 1242038 1216129 25909 Other 1109230 819604 289626 Repairs and maintenance 386116 386116 127356 91568 35788 20261522 18642783 1618739 0 3454042 4818850 4771483 6218413 0 1428770 2085970 0 0 0 52206 34349 189814 101553 93129442 20718277 74147473 72411165 0 0 0 0 1018210 894347 85061998 86564647 2535042 3692126 67275695 67041795 62204634 65045055 132015371 135778976 X -46953373 -49214329 -46953373 -49214329 85061998 86564647 X -701701 -1559255 X false true X true false X 86242 86242 16503789 18172365 17846828 19240445 19472989 91236416 0 0 0 16503789 18172365 17846828 19240445 19559231 91322658 0 0 91322658 90855 13086 2090 2714 590 109335 0 90855 13086 2090 2714 590 109335 0 46169 46169 16640813 18185451 17848918 19243159 19559821 91478162 0.99830 0.99460 0.00120 0.00310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8900000 8900000 81822345 19070128 62752217 1468709 918502 550207 938388 729647 208741 72411165 Entrance Fees Non-Refundable 7015915 Entrance Fees Subject to Refund 5605829 Future Service Benefit Obligations 20109883 Rebatable Entrance Fees Due 32040789 Tenant Deposits 272639 65045055 X 18000566 -1559255 -1559255 19559821 19559821 20261522 20261522 20261522 Part X : FIN48 Footnote The Corporation assesses uncertain tax positions in accordance with the provisions of the FASB Accounting Standards Codification (ASC) Topic 740-10, Income Taxes. The Corporation recognizes the tax benefit from uncertain tax positions only if it is more than 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. The Corporation recognizes interest and penalties related to income tax matters in operating expenses. At September 30, 2014 and 2013, there were no such uncertain tax positions. false true false false false false false false false false David B Ferguson Pres 521474 105000 1439119 148036 16181 2229810 105000 Dennis Gradillas Exec Dir 141973 29450 -6278 45231 19426 229802 14525 Pamela S Claassen CFO 319249 67000 -409 65830 15524 467194 67000 S Louise Rankin General Counsel 259497 5849 27500 11296 304142 Part III, Additional Information Compensation of the President and CFO of American Baptist Homes of the West (source of "related organization" compensation in Part VII) is reviewed annually for market competitiveness and intermediate sanctions compliance by a compensation committee of the ABHOW board. Compensation of other officers and key employees is reviewed by the CEO with disclosure to the compensation committee of the ABHOW board. The ABHOW board members and CEO are independent with respect to the individuals whose compensation is being reviewed. The ABHOW board and President rely upon wage and salary studies and/or regular review by a compensation consultant to provide comparable salary data for their consideration. Decisions regarding compensation are documented on a contemporaneous basis.The compensation of the Executive Director for Las Ventanas Retirement Community is determined by wage and salary studies conducted annual by ABHOW's Human Resources department and reviewed by ABHOW's SVP Chief Operations Manager and ABHOW's President. A Public Finance Authority 273866124 74442PAH8 2012-09-10 37493374 Refund issues-11/29/04 (2) false false false A 37493374 1149863 37493374 2007 true false true true A false false false false false false false false A false true true false false false false false A false Part VI Part II, Line 3 - The total proceeds do not equal the summation of lines 4-12 due to transferred or replacement proceeds in line 4. Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company Effective Janaury 1, 2010, American Baptist Homes of the West, a related entity exempt under IRC 501(c)(3), has been providing management services to Las Ventanas Retirement Community. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Cornerstone Affiliates is a California nonprofit public benefit corporation exempt under IRC 501(c)(3) and is the sole member of Las Ventanas Retirement Community. Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body As the sole member of Las Ventanas Retirement Community, Cornerstone Affiliates exercises its direction and control through the appointment of the Board of Directors. Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders The following transactions require approval by the members:-Merger, consolidation or dissolution of the corporation;-Amendment, repeal, or restatement of the Articles of Incorporation or Bylaws;-Aggregate borrowing for any purpose in excess of $50,000;-Purchase, sale, lease, disposition, hypothecation, exchange, gift, pledge, encumbrance or mortgage of any real property, and of any personal property with a value in excess of $50,000;-Appointment of the independent auditor;Transactions outside the ordinary course of business. Form 990, Part VI, Line 11b: Form 990 Review Process The Form 990 is reviewed by the CFO and furnished to the Board of Directors prior to filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Every year, ABHOW and LVRC Directors and Officers are asked to complete a Conflict of Interest disclosure along with a Statement of Commitment. These documents are aimed at informing ABHOW and its affiliated entities of any conflicts that that should be revealed.Duty to Disclose. In connection with any actual or possible conflict of interest, directors and officers must disclose the existence of the Financial Interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing Board delegated powers considering the proposed transaction or arrangement. Determining Whether a Conflict of Interest Exists. After disclosure of the Financial Interest and all material facts, and after any discussion with the Interested Person, he/she shall leave the Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or committee members shall decide if a conflict of interest exists. Procedures for Addressing the Conflict of Interest a. An Interested Person may make a presentation at the governing Board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. b. The chair of the governing Board or committee shall, if appropriate, appoint a disinterested Person or committee to investigate alternatives to the proposed transaction or arrangement. c. After exercising due diligence, the Board or committee shall determine whether LVRC can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. d. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the Board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in LVRC's best interest and for its own benefit and whether it is fair and reasonable to LVRC and shall make its decision as the whether to enter into the transaction or arrangement in conformity with such determination.4. Violations of the Conflicts of Interest Policy a. If the Board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. b. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the Board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management Compensation of the President and CFO of American Baptist Homes of the West (source of "related organization" compensation in Part VII) is reviewed annually for market competitiveness and intermediate sanctions compliance by a compensation committee of the ABHOW board. Compensation of other officers and key employees is reviewed by the CEO with disclosure to the compensation committee of the ABHOW board. The ABHOW board members and CEO are independent with respect to the individuals whose compensation is being reviewed. The ABHOW board and President rely upon wage and salary studies and/or regular review by a compensation consultant to provide comparable salary data for their consideration. Decisions regarding compensation are documented on a contemporaneous basis.The compensation of the Executive Director for Las Ventanas Retirement Community is determined by wage and salary studies conducted annual by ABHOW's Human Resources department and reviewed by ABHOW's SVP Chief Operations Manager and ABHOW's President. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The governing documents and financial statements are available for inspection upon request. Other Changes In Net Assets Or Fund Balances - Other Decreases Chang in future service benefit obligations = -$1559255 American Baptist Homes of the West 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 941225374 Nonprofit residential communities CA 501(c)(3) 509(a)(2) Cornerstone false American Baptist Homes Fdn of the West 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 237039408 Support of nonprofit residential communities CA 501(c)(3) 509(a)(3) American Baptist Homes of the West false American Baptist Properties 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 311558961 Property Holding Company CA 501(c)(3) 509(a)(3) American Baptist Homes of the West false Bay Vista Senior Housing Group 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 460777494 Affordable Housing WA 501(c)(3) 509(a)(2) N/A false American Baptist Homes of Washington 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 911659735 Continuing care retirement community WA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Redlands Senior Housing 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 942902763 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Harborview Properties Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 916086253 Affordable Housing WA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Hillcrest Senior Housing Corp 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 760801395 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Redlands Senior Housing II 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 311539936 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Carmel Senior Housing Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 943085296 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Tahoe Senior Plaza Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 943292737 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Oak Knolls Haven 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 953497055 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false San Leandro Senior Housing Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 912158413 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Cornerstone Affiliates 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 300184304 Parent Organization CA 501(c)(3) 509(a)(3) N/A false American Baptist Estates 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 860176446 Continuing care retirement community AZ 501(c)(3) 509(a)(2) Cornerstone false Judson Terrace Lodge 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 770389124 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Good Shepherd Senior Housing 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 262704795 Affordable Housing WA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Boise Retirement Community 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 203659420 Continuing care retirement community CA 501(c)(3) 509(a)(2) Cornerstone false Salishan Senior Housing 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 900504991 Affordable Housing WA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Pasadena Retirement Community 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 263792336 CCRC Future Development CA 501(c)(3) 509(a)(2) Cornerstone Affiliates false Terraces at San Joaquin Gardens 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 260650298 CCRC CA 501(c)(3) 509(a)(2) Cornerstone Affiliates false The Terraces Retirement Community 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 860176446 CCRC Future Development CA 501(c)(3) 509(a)(2) Cornerstone Affiliates false Valley Vista Senior Housing 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 Housing CA Carmel SH false false Tahoe Senior Plaza II 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 Housing CA Carmel SH false false Pacific Meadows Senior Housing 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 271254418 Housing CA Carmel SH false false Harborview Manor LLLP 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 274507581 Aff Housing WA Carmel SH false false Carmel Senior Housing LLC 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 Affordable Housing CA Carmel Sr Housing false false Harborview Manor GP LLC 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 453567171 Arrodable Housing WA Carmel Sr Housing false false Pacific Meadows Senior LLC 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 272218649 Affordable Housing CA Carmel Sr Housing false false Bay Vista Partners LLLP 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 460788896 Affordable Housing WA Carmel Sr Housing false false Bay Vista GP LLC 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 462137954 Affordable Housing WA Carmel Sr Housing false false Three Rivers General Partner LLC 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 461622112 Affordable Housing WA Carmel Sr Housing false false Three Rivers Senior Housing LLLP 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 461626490 Affordable Housing WA Carmel Sr Housing false false Seniority Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 943287180 Management CA NA C Corp false Conrnerstone Affiliates International 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 263257075 Management CA NA C Corp false false false true false true false false false false false false false true false false false false false false