2015-11-16T15:10:01-06:00 2014-12-31 951720829 MARTIN WERBELOW LLP 300 N LAKE AVE SUITE 930 PASADENA CA 911014106 990 2014-01-01 951643384 SOLHEIM LUTHERAN HOME SOLH 3232577518 2236 MERTON AVE LOS ANGELES CA 90041 JAMES GRAUNKE EXECUTIVE DIRECTOR 3232577518 2015-11-05 1 MICHAEL TAO P00967606 6265771440 2014 2016-04-25 22:37:26Z JAMES GRAUNKE 2236 MERTON AVENUE LOS ANGELES CA 90041 13123767 0 9386 X SOLHEIMLUTHERAN.ORG X 1954 CA PROVIDE A HOME, HEALTH CARE, AND SECURITY FOR THE OLDER ADULTS WHO HAVE CHOSEN SOLHEIM AS THEIR HOME. 16 16 206 216 0 0 1598909 177256 11204100 11361564 138033 837558 -42495 -40624 12898547 12335754 0 0 0 0 7331592 7547126 0 0 168765 3600056 3562389 10931648 11109515 1966899 1226239 13641385 14151052 6010391 5308157 7630994 8842895 X THE MISSION OF SOLHEIM LUTHERAN HOME IS TO PROVIDE ABUNDANT LIVING FOR OLDER ADULTS IN A CARING FAITH BASED COMMUNITY FILLED WITH LOVE, PEACE, DIGNITY, AND SECURITY. 0 0 9465318 11361564 SOLHEIM LUTHERAN HOME PROVIDES RESIDENTIAL, ASSISTED LIVING, MEMORY CARE AND SKILLED NURSING CARE FOR OLDER ADULTS OF ALL FAITHS. FOR AN EXPANDED DESCRIPTION OF SOLHEIM LUTHERAN HOME'S SERVICES AND ACTIVITIES, PLEASE SEE SCHEDULE O. 9465318 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 206 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X ANTONIO DAVILA 3232577518 2236 MERTON AVENUE LOS ANGELES CA 90041 JOEL F MILLER PRESIDENT 3.00 X 0 0 0 JAMES TRANQUADA VICE PRESIDENT 2.00 X 0 0 0 DR JILL M BRINK PHD SECRETARY 2.00 X 0 0 0 ADAM SISSON CPA TREASURER 2.00 X 0 0 0 AUDREY BAHR MEMBER 1.00 X 0 0 0 JIM BARBER MEMBER 1.00 X 0 0 0 PAUL EGGE MEMBER 1.00 X 0 0 0 PAUL JACQUES MEMBER 1.00 X 0 0 0 DR RALPH JUNG MD MEMBER 1.00 X 0 0 0 TRACY KING MEMBER 1.00 X 0 0 0 REV KATHLEEN RICHTER MEMBER 1.00 X 0 0 0 ALEXANDRA SMYSER MEMBER 1.00 X 0 0 0 SUSAN STARK MEMBER 1.00 X 0 0 0 DAVID C STARLEAF ESQ MEMBER 1.00 X 0 0 0 MASA SUZUKI MEMBER 1.00 X 0 0 0 REV DR R GUY ERWIN MEMBER 0.50 X 0 0 0 MARY MCORKLE RESIDENT REPRESENTATIVE 0.00 X 0 0 0 JAMES W GRAUNKE EXECUTIVE DIRECTOR 40.00 X 145278 0 6240 ANTONIO DAVILA DIRECTOR OF FINANCE/CFO 40.00 X 121454 0 8131 SHERRY WAIT DIRECTOR OF NURSING 40.00 X 105528 0 2110 372260 0 16481 3 0 1 0 J WORKS CONSTRUCTION 1017 CHIMES AVE DUARTE CA 91010 RESIDENT ROOM RENOVATIONS 293035 REGENCY THERAPY SERVICES 2275 HUNTINGTON DRIVE SAN MARINO CA 91108 REHABILITATION SERVICES 235021 MARGIE BEAL 452 BOWLING GREEN DR CLAREMONT CA 91711 INTERIOR DESIGNER 182767 3 177256 177256 RESIDENT FEES - SKILLE 623000 6131935 6131935 RESIDENT FEES - MEMORY 623000 1986111 1986111 ANCILLARY SERVICES & F 623000 1273608 1273608 RESIDENT FEES - ASSIST 623000 1238108 1238108 RESIDENT FEES - RESIDE 623000 731802 731802 11361564 96008 96008 18000 58624 -40624 -40624 -40624 670939 800000 510707 218682 160232 581318 741550 741550 12335754 11361564 0 796934 303268 95763 207505 4868760 4312271 483955 72534 393074 351994 35466 5614 1556172 1428809 111197 16166 425852 373458 46108 6286 36821 36821 52480 52480 17687 17687 261104 213101 48003 62469 43644 18825 587871 506701 73262 7908 84141 82947 1194 508310 481254 27056 17279 12740 4539 471 471 80340 80340 653910 623714 30196 247152 235396 11756 FOOD SERVICES 441735 441735 ANCILLARY EXPENSES 262214 262214 OTHER EXPENSES 169052 45828 122582 642 PURCHASED SERVICES 79353 40228 39125 11109515 9465318 1475432 168765 401358 1543757 1500000 300000 683794 624391 135806 154485 17239105 11087288 6156346 6151817 2183915 1821805 2014981 3078358 565185 476439 13641385 14151052 876037 758955 2238046 2220566 2240000 1710000 656308 618636 6010391 5308157 X 7310497 8478228 320497 364667 7630994 8842895 13641385 14151052 X 1226239 -29001 22116 -7453 X X 0 1 X 1 0 X 192676 203437 315374 1598909 177256 2487652 11179046 11016018 11776706 11204100 11361461 56537331 11371722 11219455 12092080 12803009 11538717 59024983 0 1197886 1197886 1197886 1197886 57827097 201461 179604 209221 118843 114111 823240 201461 179604 209221 118843 114111 823240 11573183 11399059 12301301 12921852 11652828 59848223 0.96620 0.98560 0.01380 0.01440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 633732 520820 43750 78242 9080 633732 494542 999 25279 520820 449166 20067 25309 494542 394150 7500 47516 449166 1574892 1574892 12172998 8381331 3791667 3329026 2705957 623069 162189 162189 6151817 MONEY MARKET ACCOUNTS 823642 F CERTIFICATES OF DEPOSITS 1131254 F CORPORATE BONDS 1123462 F 3078358 X 12299300 -29001 -7453 -36454 12335754 0 12335754 11109515 0 11109515 0 11109515 PART V, LINE 4: SOLHEIM'S ENDOWMENT CONSISTED OF ONE FUND THROUGH JANUARY 1, 2014, WHICH INCLUDED A FUND DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS AN ENDOWMENT. EFFECTIVE JANUARY 1, 2014, THE BOARD OF DIRECTORS REDESIGNED THE FUND TO NOT FUNCTION AS AN ENDOWMENT. AS A RESULT, THE NAME WAS CHANGED TO THE BOARD DESIGNATED FUND FOR BENEVOLENCE. PART X, LINE 2: SOLHEIM CONSIDERS MANY FACTORS WHEN EVALUATING AND ESTIMATING ITS TAX POSITIONS AND TAX BENEFITS, WHICH MAY REQUIRE PERIODIC ADJUSTMENTS AND WHICH MAY NOT ACCURATELY ANTICIPATE ACTUAL OUTCOMES. SOLHEIM EVALUATES ITS UNCERTAIN TAX POSITIONS USING THE PROVISIONS IN CONFORMITY WITH U.S. GAAP. THESE STANDARDS REQUIRE MANAGEMENT TO PERFORM AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN, OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING SOLHEIM'S INCOME TAX RETURNS. MANAGEMENT BELIEVES THE INCOME TAX POSITIONS TAKEN MORE LIKELY THAN NOT WILL BE SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAX AUTHORITIES. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF SOLHEIM AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. SINCE TAX MATTERS ARE SUBJECT TO SOME DEGREE OF UNCERTAINTY, THERE CAN BE NO ASSURANCE THAT SOLHEIM'S TAX RETURNS WILL NOT BE CHALLENGED BY THE TAXING AUTHORITIES AND THAT SOLHEIM WILL NOT BE SUBJECT TO ADDITIONAL TAX, PENALTIES, AND INTEREST AS A RESULT OF SUCH CHALLENGE. GENERALLY, SOLHEIM'S TAX RETURNS REMAIN OPEN FOR THREE YEARS FOR FEDERAL INCOME TAX EXAMINATION AND FOUR YEARS FOR STATE INCOME TAX EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -7,453. X X X 0 0 0 0 0 0 0 0 0 JAMES W GRAUNKE EXECUTIVE DIRECTOR 145278 0 0 0 0 0 6240 0 0 0 151518 0 0 0 A CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY (CHFFA) 946001347 13033FUY4 2004-12-02 6415000 TO REFUND 1994 CERTIFICATES OF PARTICIPATION 0 0 0 A 4705000 6415000 617573 5960796 128300 2005 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 FORM 990, PART III, LINE 4A SOLHEIM LUTHERAN HOME IS A SINGLE SITE NOT-FOR-PROFIT CONTINUING CARE RETIREMENT COMMUNITY IN THE EAGLE ROCK NEIGHBORHOOD OF THE CITY OF LOS ANGELES, CALIFORNIA. FOUNDED IN 1923, SOLHEIM PROVIDES 24-HOUR HIGH QUALITY RESIDENTIAL AND ASSISTED LIVING SERVICES, MEMORY CARE AND SKILLED NURSING CARE TO OLDER ADULTS OF ALL FAITHS. WE OFFER OUR RESIDENTS A FULL, VIBRANT SENIOR LIVING EXPERIENCE. WE PLACE SPECIAL EMPHASIS ON WELLNESS ACTIVITIES AND COMMUNITY ACCESS FOR OUR RESIDENTS. WE HAVE A WELLNESS CENTER AND FULL-TIME WELLNESS COORDINATOR SO THAT OUR RESIDENTS ARE ABLE TO STAY PHYSICALLY AND MENTALLY HEALTHY. IN 2013 SOLHEIM OPENED A REHABILITATION CENTER TO PROVIDE PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH THERAPY AND MORE TO ENABLE OLDER ADULTS TO REGAIN MOBILITY AND CONTROL OF THEIR LIVES IN A SAFE AN SUPPORTIVE ENVIRONMENT. TWO WHEELCHAIR ACCESSIBLE VANS AND A 30 PASSENGER WHEELCHAIR ACCESSIBLE BUS ENABLE RESIDENTS TO GO ON OUTINGS REGARDLESS OF THEIR MOBILITY. SOLHEIM PROVIDED SERVICES FOR AN AVERAGE POPULATION OF 145 RESIDENTS IN 2014. WITH DEDICATED STAFF THAT HAS AN AVERAGE LENGTH OF EMPLOYMENT GREATER THAN NINE YEARS, SOLHEIM ASPIRES TO PARTNER WITH EACH RESIDENT AND HIS/HER FAMILY TO PROVIDE INDIVIDUALIZED SERVICE AND A TRUE FEELING OF COMMUNITY. DUE TO THE EXISTENCE OF THE BOARD DESIGNATED BENEVOLENT FUND AND CONTRIBUTIONS RECEIVED, SOLHEIM WAS ABLE TO PROVIDE APPROXIMATELY $184,000 WORTH OF UNCOMPENSATED CARE TO RESIDENTS WHO WERE UNABLE TO PAY STANDARD FEES. SOLHEIM IS A TEACHING SITE FOR HEALTH CARE STUDENTS WHO SPENT OVER 2,800 CLINICAL HOURS ON THE PREMISES IN 2014. THE STUDENTS ARE GUIDED BY SOLHEIM'S RESIDENTS AND STAFF TO LEARN THE BEST APPROACHES TO WORKING WITH A SENIOR POPULATION. OUR THRIVING VOLUNTEER PROGRAM ATTRACTS STUDENTS, FAMILY MEMBERS, COMMUNITY MEMBERS AND CONGREGATION MEMBERS WHO ADD TO THE QUALITY OF LIFE. SOLHEIM IS THE FISCAL AGENT FOR LUTHERAN HEALTH MINISTRIES OF THE FOOTHILLS, A LOCAL NOT-FOR-PROFIT ORGANIZATION, TO PROVIDE PARISH NURSE VISITATION SERVICES, ALONG WITH HEALTH PROMOTION ACTIVITIES, TO THE SURROUNDING COMMUNITIES. SOLHEIM WELCOMES COMMUNITY GROUPS ON CAMPUS, INCLUDING THE EAGLE ROCK CHAMBER OF COMMERCE AND CHURCH FELLOWSHIP GROUPS. SOLHEIM ALSO SERVES AS A POLLING PLACE FOR VARIOUS ELECTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE CORPORATION CONSIST OF EACH CURRENTLY FUNCTIONING CONGREGATION OF THE SOUTHWEST CALIFORNIA SYNOD OF THE EVANGELICAL LUTHERAN CHURCH IN AMERICA "ELCA" THAT ELECTS TO BE CONSIDERED A CONSTITUENT CONGREGATION OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER CONGREGATION IS INVITED ANNUALLY TO SELECT TWO PERSONS AS VOTING DELEGATES TO THE ANNUAL MEETING OF THE MEMBERS. THE DELEGATES AT THE ANNUAL MEETING SELECT THE DIRECTORS OF THE BOARD, EXCEPT FOR THE POSITION HELD BY THE BISHOP OF THE SOUTHWEST CALIFORNIA SYNOD OF THE ELCA OR HIS/HER DESIGNEE. THE MEMBERS ALSO HAVE THE RIGHT TO REMOVE A DIRECTOR OF THE BOARD WITH OR WITHOUT CAUSE. FORM 990, PART VI, SECTION A, LINE 7B IF A BOARD VACANCY HAS BEEN FILLED BY THE BOARD DURING THE YEAR THEN THAT DECISION MUST BE RATIFIED BY THE MEMBERS AT THE NEXT ANNUAL MEETING OF THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11 THE REVIEW OF THE ENTIRE FORM 990 PRIOR TO ITS FILING WAS PERFORMED BY THE EXECUTIVE DIRECTOR, THE CHIEF FINANCIAL OFFICER, AND THE MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT ANNUALLY. NEW BOARD MEMBERS SIGN THIS STATEMENT IN THE MONTH OF THEIR ELECTION OR APPOINTMENT. IF A CONFLICT ARISES FROM A NEW ACTIVITY OR OTHER INTEREST, THE BOARD MEMBER SHALL PROMPTLY DISCLOSE THE SAME IN WRITING TO THE PRESIDENT OF THE BOARD. ANY BOARD MEMBER WHO HAS A CONFLICT OF INTEREST WILL REFRAIN FROM VOTING ON ISSUES RELATED TO THAT INTEREST. THE PRESIDENT OF THE BOARD AND EXECUTIVE DIRECTOR ARE RESPONSIBLE FOR MONITORING THE CONFLICT OF INTEREST POLICY. ALL EMPLOYEES SIGN A CONFLICT OF INTEREST STATEMENT AS PART OF THE EMPLOYEE HANDBOOK UPON HIRE. SOLHEIM MAINTAINS A WRITTEN FORMAL POLICY FOR DOCUMENT RETENTION AND DESTRUCTION AS WELL. FORM 990, PART VI, SECTION B, LINE 15 MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD ARE RESPONSIBLE FOR REVIEWING AND APPROVING THE COMPENSATION OF THE EXECUTIVE DIRECTOR BASED ON AN ANNUAL WRITTEN EVALUATION AND COMPENSATION TABLES PUBLISHED BY LEADINGAGE. THIS SALARY SURVEY IS CONDUCTED ANNUALLY AND INCLUDES DATA SPECIFIC TO NOT-FOR-PROFIT RETIREMENT COMMUNITIES AND REPORTED BY GEOGRAPHIC REGION AND COMPARABLE POSITION. THE EXECUTIVE DIRECTOR REVIEWS THE APPROPRIATENESS OF THE COMPENSATION OF THE CHIEF FINANCIAL OFFICER AND OTHER POSITIONS WITHIN THE ORGANIZATION USING THE SAME SALARY SURVEYS. THESE SALARY SURVEYS ARE ALSO USED TO DETERMINE THE APPROPRIATENESS OF WAGES AND SALARIES PAID. THE POLICIES AND PERSONNEL COMMITTEE OF THE BOARD OF DIRECTORS REVIEWS A DETAILED SALARY SCHEDULE FOR ALL POSITIONS AS PART OF THE ANNUAL BUDGET PROCESS. FORM 990, PART VI, SECTION C, LINE 19 SOLHEIM MAKES THE FOLLOWING DOCUMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST OR MAKING THEM AVAILABLE FOR INSPECTION AT THE CORPORATE OFFICE; IRS FORM 990, AUDITED FINANCIAL STATEMENTS, ANNUAL REPORT, IRS TAX EXEMPTION DETERMINATION LETTER, AND CONFLICT OF INTEREST POLICY. THE IRS FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. AUDITED FINANCIAL STATEMENTS ARE AN ATTACHMENT TO EACH NEW CONTINUING CARE CONTRACT. SUMMARIZED FINANCIAL STATEMENTS ARE PRESENTED TO THE RESIDENTS OF SOLHEIM ON A QUARTERLY BASIS DURING A TOWN MEETING, ARE INCLUDED IN THE ANNUAL REPORT, AND ARE PUBLISHED ANNUALLY IN THE SOUTHWEST CALIFORNIA SYNOD ELCA, BULLETIN OF REPORTS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENT -7,453. FORM 990 PART XII LINE 2C THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT ASSUMES RESPONSIBLITY FOR THE OVERSIGHT OF THE AUDIT AND FOR THE SELECTION OF AN INDEPENDENT ACCOUNTING FIRM. THERE ARE NO CHANGES TO THESE PROCESSES FROM THE PRIOR YEAR.