2015-11-16T10:51:58-06:00 2014-12-31 346565596 Ernst & Young LLP 4370 La Jolla Village Dr Suite 500 San Diego CA 92122 990 2014-01-01 953802238 Santa Barbara Cottage Hospital Foundation SANT 8056827111 PO BOX 689 Santa Barbara CA 93102 JOAN BRICHER Senior Vice President and CFO 2015-11-16 false Eva Nitta P01286320 8585357200 2014 2016-02-25 16:41:14Z Ronald Werft PO BOX 689 Santa Barbara CA 93102 173597953 false X WWW.COTTAGEHEALTHSYSTEM.ORG X 1982 CA It is the mission of Santa Barbara Cottage Hospital Foundation to solicit, receive, invest, maintain and distribute funds for the support of charitable, scientific, and educational activities of Santa Barbara Cottage Hospital. 16 14 0 17 -1180958 0 9889454 8665102 173034 184857 16335050 28821973 825755 845774 27223293 38517706 577286 2181517 0 0 0 0 0 0 451211 4601952 4252490 5179238 6434007 22044055 32083699 274109674 287638556 3105046 4478043 271004628 283160513 It is the mission of Santa Barbara Cottage Hospital Foundation to solicit, receive, invest, maintain and distribute funds for the support of charitable, scientific, and educational activities of Santa Barbara Cottage Hospital. false false 2181517 2181517 184857 SANTA BARBARA COTTAGE HOSPITAL FOUNDATION IS A NONPROFIT PUBLIC BENEFIT CORPORATION CREATED TO SUPPORT SANTA BARBARA COTTAGE HOSPITAL (HOSPITAL) BY SOLICITING, RECEIVING AND MAINTAINING GIFTS OF MONEY AND PROPERTY AND TO DISTRIBUTE MONEY AND PROPERTY FOR CHARITABLE, SCIENTIFIC AND EDUCATION ACTIVITIES FOR THE HOSPITAL. THE FOUNDATION PROVIDED SUPPORT FOR OPERATIONS OF SANTA BARBARA COTTAGE HOSPITAL. THE FOUNDATION ALSO SUPPORTS MEDICAL EDUCATION IN THE COMMUNITY BY PROVIDING GRANTS TO SANTA BARBARA CITY COLLEGE'S NURSING PROGRAM AND BY PROVIDING SCHOLARSHIPS TO INDIVIDUALS PURSUING A NURSING DEGREE. THE FOUNDATION ALSO PROVIDED SUPPORT TO THE WORKFORCE OF COTTAGE HEALTH SYSTEM THROUGH ITS MORTGAGE ASSISTANCE PROGRAM. THIS PROGRAM PROVIDES A LOW-INTEREST LOAN TO EMPLOYEES WHO ARE PURCHASING A HOME IN THE SANTA BARBARA AREA. EMPLOYEES ARE ELIGIBLE TO RECEIVE UP TO $250,000 OR 15% OF THE PURCHASE PRICE TOWARDS A NEW HOME. 2181517 true true false false false false false false true true true false false true true true false false false true false false false true false false true true true false false false false false false false false true false false false false true true true false false true 23 0 true 0 true true true CJ HK false false false true true false false false false X 16 14 false false false false false false false true true false false true true true true true true true true true true CA X Karen Jones Grandidier 8056827111 400 West Pueblo Santa Barbara CA 93105 P Steven Ainsley Vice Chair 0.50 4.50 X X 0 0 0 Alex Koper MD Secretary 0.50 4.50 X X 0 0 0 Robert C Nakasone Vice Chair 0.50 4.50 X X 0 0 0 Robert E M Nourse Chair 2.00 18.00 X X 0 0 0 Marshall (Chip) Turner Jr Vice Chair 0.50 4.50 X X 0 0 0 Margaret Baker Committee Chair 0.50 4.50 X 0 0 0 Edward S Bentley MD Director 0.40 3.60 X 0 0 0 Jon Clark Committee Chair 0.50 4.50 X 0 0 0 Gregory F Faulkner Committee Chair 0.50 4.50 X 0 0 0 Lori Gaskin PhD Director 0.40 3.60 X 0 0 0 Judith Hopkinson Director 0.40 3.60 X 0 0 0 Dorothy Largay Director 0.40 3.60 X 0 0 0 Fred Lukas Committee Chair 0.50 4.50 X 0 0 0 Gretchen Milligan Committee Chair 0.50 4.50 X 0 0 0 Elliot Prager MD Director 0.40 3.60 X 0 0 0 Thomas Watson MD Committee Chair 0.50 4.50 X 0 12000 0 Joan Bricher CFO 5.00 45.00 X 0 658416 29038 Ronald Werft President & CEO 6.00 54.00 X 0 1178787 35313 Julie Artoux Asst Secretary 5.00 45.00 X 0 129967 20274 Steven Fellows COO 0.00 50.00 X 0 693871 35313 0 2673041 119939 0 false true false ERNST & YOUNG LLP AUDIT AND TAX SERVICES 108353 1 0 0 331305 0 0 8333797 1957067 8665102 Mortgage Assistance program Revenue 900099 184857 0 0 184857 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 184857 760165 0 -1180958 1941123 0 0 0 0 71655 0 0 71655 1769038 0 1006644 0 762394 0 762394 0 0 762394 161976865 0 133915057 0 28061808 0 28061808 0 0 28061808 78281 331305 158546 -80265 0 -80265 0 0 0 0 0 0 0 0 0 0 0 0 Recovery of Student Loans 900099 78225 0 0 78225 Miscellaneous Other Revenue 900099 13765 0 0 13765 0 0 0 0 0 0 0 0 91990 38517706 0 -1180958 31033562 1812244 1812244 369273 369273 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 29384 0 29384 0 115794 0 115794 0 0 0 0 0 0 0 1001770 0 1001770 0 90477 0 0 90477 0 0 0 0 360734 0 0 360734 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 523277 0 523277 0 7233 0 7233 0 TAXES -80192 0 -80192 0 PROVISION DOUBTFUL PLEDGES 67537 0 67537 0 SYSTEM ALLOCATION 2136476 0 2136476 0 0 0 0 0 6434007 2181517 3801279 451211 0 0 0 0 4240288 10424998 18153879 18639581 13273836 13279005 98409 116774 28907006 4961642 25407391 23945364 135029121 173018019 66491574 35815148 0 11415176 12399667 274109674 287638556 633887 12320 464642 518951 2006517 3946772 3105046 4478043 X 205812305 212346147 59961089 64351488 5231234 6462878 271004628 283160513 274109674 287638556 X 32083699 -21904397 0 0 0 1976583 X false true X true false X 3486280 6667970 3998426 9889454 8665102 32707232 0 0 0 0 0 0 0 0 0 0 0 0 3486280 6667970 3998426 9889454 8665102 32707232 3590791 29116441 10905047 4867068 4396853 6861869 3781816 30812653 0 0 0 141880 0 141880 88271 74806 69369 45578 91990 370014 64031779 464480 0.4547 0.4333 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - RECOVERY OF NURSING STUDENT LOANS, COLUMN A - 55184.0, COLUMN B - 52951.0, COLUMN C - 53989.0, COLUMN D - 41105.0, COLUMN E - 78225.0, COLUMN F - 281454.0; DESCRIPTION - MISCELLANEOUS OTHER REVENUE, COLUMN A - 33087.0, COLUMN B - 21855.0, COLUMN C - 15380.0, COLUMN D - 4473.0, COLUMN E - 13765.0, COLUMN F - 88560.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5231234 1012130 219514 0 0 0 6462878 3867260 1038755 325219 0 0 0 5231234 3758008 775 108477 0 0 0 3867260 3628650 12465 116893 0 0 0 3758008 2842032 560000 226618 0 0 0 3628650 0.0 1.0 0.0 false false 0 18727801 18727801 0 10179205 4961642 5217563 0 0 0 0 0 0 0 0 0 0 0 0 23945364 30532592 F Perpetual Trust 3869519 F Oil Lease 25698 F Investment Villa Riviera Housing Project 1387339 C 35815148 DUE TO AFFILIATES 1821032 DUE TO CATHOLIC HEALTHCARE WEST 25110 ANNUITY OBLIGATIONS 2100630 3946772 X 19755082 -21904397 0 0 795625 -21108772 40863854 -1165190 -1165190 39698664 7599197 0 0 0 1165190 1165190 6434007 0 0 0 6434007 Schedule D, Part XIII Schedule D, Part XIII "The System completed an analysis of its tax positions, in accordance with ASC 740, Income Taxes, and determined that there are no uncertain tax positions taken or expected to be taken. The System recognized no interest or penalties related to uncertain tax positions. The System is subject to routine audits by the taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The System believes it is no longer subject to income tax examinations for years prior to 2010". Schedule D, Part V, Line 4 Intended uses of endowment funds Santa Barbara Cottage Hospital Foundation has a single perpetual trust, which is for the unrestricted use of Santa Barbara Cottage Hospital. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The System and its affiliates, except for Pacific Diagnostic Laboratories, are not-for-profit corporations and are tax-exempt pursuant to Section 501(c)(3) of the Internal Revenue Code (IRC) and are exempt from income taxation under (IRC) Section 501(a) and corresponding provisions of the California Revenue and Taxation Code, except to the extent of income derived from taxable unrelated business activities. Unrelated business income is not material to the financial statements. The System completed an analysis of its tax positions, in accordance with ASC 740, Income Taxes, and determined that there are no uncertain tax positions taken or expected to be taken. The System recognized no interest or penalties related to uncertain tax positions. The System is subject to routine audits by the taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The System believes it is no longer subject to income tax examinations for years prior to 2009. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in Value of CRT/Annuities - 2833 Change in Value of Perpetual Trusts - 219514 Gain on Sale of property - 243924 Gain on Sale of Real Estate - 329354 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Rental Expense - -751164 Rental Expense Villa Riviera - -255480 Tiara Ball Expense - -158546 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Rental Expense - 751164 Rental Expense Villa Riviera - 255480 Tiara Ball Expense - 158546 East Asia and the Pacific 0 0 Investments 12191616 Central America and the Caribbean 0 0 Investments 841274 South America 0 0 Investments 6574868 0 0 0 0 0 0 19607758 0 19607758 true false false true true false Tiara Ball Dinner 409586 331305 78281 0 0 62814 60642 18150 16940 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 409586 331305 78281 0 0 62814 60642 18150 16940 158546 -80265 true Santa Barbara Cottage Hospital PO BOX 689 Santa Barbara CA 93102 951644629 3 1812244 Fund Operations of Santa Barbara Cottage Hospital 1 0 Family Assistance-Due to medical needs of a Family Member 49 40663 Nursing Loans 180 328610 Schedule I, Part I, Line 2 Description Of Procedure For Monitoring Use Of Grant Funds Grants to Santa Barbara Cottage Hospital are determined by the Board of Directors, based on the needs and programs of the hospital. Nursing Scholarships are monitored through Human Resources and become due if the recipient is not employed by a Cottage Health System hospital after a certain period of time. The loan is forgiven after two years of service at a CHS hospital. Other grants to individuals through the patient assistance fund are granted on an as-need basis and monitored through the Advancement Department. Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Grants to Santa Barbara Cottage Hospital are determined by the Board of Directors, based on the needs and programs of the hospital. Nursing Scholarships are monitored through Human Resources and become due if the recipient is not employed by a Cottage Health System hospital after a certain period of time. The loan is forgiven after two years of service at a CHS hospital. Other grants to individuals through the patient assistance fund are granted on an as-need basis and monitored through the Advancement Department. X X X X false true false false false false false false false Joan Bricher CFO 0 477338 0 115310 0 65768 0 12250 0 16788 0 687454 0 0 Ronald Werft President & CEO 0 856459 0 289913 0 32415 0 12250 0 23063 0 1214100 0 0 Julie Artoux Asst Secretary 0 115165 0 8991 0 5811 0 12250 0 8024 0 150241 0 0 Steven Fellows COO 0 522120 0 138263 0 33488 0 12250 0 23063 0 729184 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation On an annual basis the Executive Compensation Committee (ECC) of the Board of Directors meets to determine appropriate compensation for executives, including the CEO, COO, CFO, and vice presidents. All members of the ECC are independent members of the Board of Directors. The ECC engages an independent consultant to prepare comparative compensation reports for each position. The executives individual performance will also be considered when determining compensation. The ECC recommends compensation for the executives to the full Board for approval. This process takes place annually for all executives. Additional details found in the narrative for Schedule O, Part VI, Line 15. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The amounts reported in the current years deferred compensation includes recognition of past service. The amounts are subject to a substantial risk of forfeiture. Any amounts paid under this plan in the future will be reported again as reportable compensation in the year paid. The System provides certain executives a supplemental retirement program. The program is defined as deferred compensation under the IRC Section 457(f). The annual contribution is 6.95% of base years salary with the contributions vesting five years from crediting date, or at age 62, or immediately in the event of death, disability, or involuntary termination without cause. The unvested account balances are assets of the System and are included in other assets and the accrued expense is included in pension liability and other in the accompanying consolidated balance sheets. The amounts reported in the current year's deferred compensation includes recognition of past service. The amounts are subject to a substantial risk of forfeiture. Any amounts paid under this plan in the future will be reported again as reportable compensation in the year paid. No payouts were made in 2014. X 8 107067 Market value X 1 1850000 Market value 1 false true false Schedule M, Part I Explanations of reporting method for number on contributions Real estate - Residential: Number of Contributions Securities - Publicly traded: Number of Contributions Schedule M, Part I, Line 15 Number of contributions or items contributed Number of Contributions Schedule M, Part I, Line 9 Number of contributions or items contributed Number of Contributions Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared under the direction of the Vice President of Finance and CFO. Form 990 is reviewed by independent tax consultants prior to submitting to the Audit and Compliance Committee. All members of the Board receive a copy of the organization's form 990 for review prior to filing via the Board Portal. Form 990, Part VI, Line 12c Conflict of interest policy The purpose of the Conflict of Interest policy is to protect the interest of the Hospital when it contemplates entering into a transaction or arrangement that could benefit the private interest of a Director or Officer of Cottage Health, Santa Barbara Cottage Hospital, Goleta Valley Cottage Hospital, Santa Ynez Valley Cottage Hospital, Santa Barbara Cottage Hospital Foundation and Goleta Valley Professional Buildings, Inc., collectively known as Cottage Health System. The Cottage Health System Directors have a duty to: 1.) discharge their duties to benefit the Cottage Health System and not the Directors personally 2.) disclose situations with the potential for conflict of interest with the vision and mission of Cottage Health System 3.) refrain from discussing confidential Cottage Health business with others. Each Board member will annually complete the Cottage Health Directors Annual Conflict Disclosure Form. The Disclosure information will be reviewed annually by the Board Chair and the results reported to the full Board. Each Director or Officer will disclose to the Board Chair their conflicts with any items to be discussed at a Board meeting. If there are any material financial or personal interests a Board member or family member may have in a Board decision, the Director or Officer will disclose this to the Committee Chair for items to be discussed at Board Committees, before the Board reviews the transaction and takes action. In general, an Officer who had disclosed a potential conflict should be excused from the decision making portion of the discussion and is prohibited from voting on a matter involving a potential conflict of interest, If the Board has reasonable cause to believe that a Director or Officer failed to disclose a material financial interest or other potential material conflict of interest, the Board Chair shall inform the member of the basis for the belief and afford the member an opportunity to explain the alleged failure to disclose. After hearing the Director or Officers response and conducting any further necessary investigation, the Board determines if the Director or Officer failed to disclose a material financial or other potential material conflict of interest. The Board Chair shall take appropriate corrective action. Committee Chairs who address conflict of interest situations with a Board Committee member are responsible for reporting such situations to the Board Chair. Key employees are treated as other employees of Cottage Health and sign an annual conflict of interest form. These forms are reviewed by Compliance and any issues are brought to the Chief Compliance Officer. Form 990, Part VI, Line 15a Process to establish compensation of top management official On an annual basis the Executive Compensation Committee (ECC) of the Board of Directors meets to determine appropriate compensation for executives, including the CEO, COO, CFO, and vice presidents. All members of the ECC are independent members of the Board of Directors. The ECC engages an independent consultant to prepare comparative compensation reports for each position. The executives individual performance will also be considered when determining compensation. The ECC recommends compensation for the executives to the full Board for approval. This process takes place annually for all employed officers and key employees. Form 990, Part VI, Line 15b Process to establish compensation of other employees The process described in line 15a, above, takes place annually for all employed officers and key employees. Form 990, Part VI, Line 19 Required documents available to the public Tax filings and Audited Financial Statements are available upon request from the CFO. The organizations bylaws and conflict of interest policies are not available to the public. Form 990, Part IX, Line 25 Program expenses for Santa Barbara Cottage Hospital Foundation includes support for Santa Barbara Hospital, which is engaged in a multi-year hospital replacement project. The Foundation's support is based on construction schedules and financing needs of the hospital. The Foundation has pledged over $180 million in grant support pledged through 2020 for the hospital and has provided $100 million in support for the construction of the hospital. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Change in Value of CRT/Annuities - 2833; Change in Value of Perpetual Trusts - 219514; Gain on Sale of Property - 243924; Gain on Sale of Real Estate - 329354; Investment Activity Reported on Schedule K-1 - 1180958; COTTAGE HEALTH PO BOX 689 SANTA BARBARA CA 931020689 770431902 PARENT ORGANIZATION FOR 3 HOSPITALS AND MEDICAL PROFESSIONAL CA 501(c)(3 3 NA false GOLETA VALLEY COTTAGE HOSPITAL PO BOX 689 SANTA BARBARA CA 931020689 952413596 HOSPITAL CA 501(c)(3 3 COTTAGE HEALTH false SANTA YNEZ VALLEY COTTAGE HOSPITAL INC PO BOX 689 SANTA BARBARA CA 931020689 952224265 HOSPITAL CA 501(c)(3 3 COTTAGE HEALTH false SANTA BARBARA COTTAGE HOSPITAL PO BOX 689 SANTA BARBARA CA 931020689 951644629 HOSPITAL CA 501(c)(3 3 COTTAGE HEALTH false GOLETA VALLEY PROFESSIONAL BUILDINGS INC PO BOX 689 SANTA BARBARA CA 931020689 770004202 MEDICAL PROF BLDG CA 501(c)(3 Type II COTTAGE HEALTH false RIO BRAVO ENERGIA INVESTMENT I INVESTMENT HOLDINGS LP 999999999 INVESTMENT CA SB COTTAGE HOSP FNDTN Excluded 179261 6574868 false 0 false 0.77 VILLA RIVIERA REAL ESTATE COMPANY PO BOX 689 SANTA BARBARA CA 93102 272996284 WORKFORCE HOUSING DEVELOPMENT CA SB COTTAGE HOSP FNDTN C Corporation 329715 3163375 1 true CHARITABLE REMAINDER TRUSTS (20) PO BOX 689 SANTA BARBARA CA 93102 SUPPORTS HOSPITAL CA NA Trust 0 CHARITABLE REMAINDER ANNUITIES (29) PO BOX 689 SANTA BARBARA CA 93102 SUPPORTS HOSPITAL CA NA Trust 0 true true false true false true false false false true false true true true true true true true true Rio Bravo Energia I Investments Holding LP D 0 accrual Cottage Health M 2196919 accrual Cottage Health P 131743 accrual Cottage Health Q 51948 accrual Goleta Valley Cottage Hospital J 205068 accrual Goleta Valley Professional Building A 54452 accrual Santa Barbara Cottage Hospital B 1812244 accrual