2014-08-13T13:24:58-05:00 2013-12-31 911194016 CLARK NUBER PS 10900 NE 4TH STREET SUITE 1700 BELLEVUE WA 98004 990 2013-01-01 911261904 EASTSIDE RETIREMENT ASSOCIATION EAST 4255568100 10901 176TH CIRCLE NE REDMOND WA 98052 LISA HARDY PRESIDENT & CEO 4255568100 2014-08-13 1 SARA ELIZABETH J HYRE P00235495 4254544919 2014-08-13 2013 2016-03-07 17:11:31Z EMERALD HEIGHTS LISA HARDY 10901 176TH CIRCLE NE REDMOND WA 98052 37789949 0 X WWW.EMERALDHEIGHTS.COM X 1992 WA EMERALD HEIGHTS IS A LIFE CARE RETIREMENT COMMUNITY. 14 14 405 290 0 0 224076 219461 22793975 23701457 2848815 3281625 102032 92463 25968898 27295006 0 0 0 0 11220035 11342379 0 0 0 9947481 11093040 21167516 22435419 4801382 4859587 133164730 160092978 112055021 130718977 21109709 29374001 X EMERALD HEIGHTS IS A NOT-FOR-PROFIT, NON-DENOMINATIONAL LIFE CARE RETIREMENT COMMUNITY PROVIDING A CONTINUUM OF LIVING ACCOMMODATIONS, SUPPORTIVE SERVICES, AND HEALTH CARE FOR RESIDENTS 62 YEARS OF AGE AND OLDER. AS A CONTINUING CARE RETIREMENT COMMUNITY ON THE EASTSIDE OF PUGET SOUND, THE ORGANIZATION OFFERS A WIDE RANGE OF QUALITY PROGRAMS, SERVICES AND FACILITIES TO MEET THE HEALTH, SOCIAL, SPIRITUAL AND INTELLECTUAL NEEDS OF ITS RESIDENTS AND TO SERVE THE BROADER COMMUNITY. EMERALD HEIGHTS IS OPERATED TO FULFILL ITS MISSION OF SERVICE WHILE REMAINING TRUE TO ITS CORE VALUES OF INTEGRITY, STEWARDSHIP, EMPOWERMENT, FAITH, CHANGE AND CHOICE. THE ORGANIZATION IS OWNED AND OPERATED BY EASTSIDE RETIREMENT ASSOCIATION. THE ASSOCIATION'S BOARD OF DIRECTORS IS COMPRISED OF LOCAL COMMUNITY MEMBERS AND EMERALD HEIGHTS' RESIDENTS, ALL DEDICATED TO THE MISSION OF EMERALD HEIGHTS AND TO ENSURE IT CONTINUES TO MAINTAIN ITS HIGH STANDARDS OF EXCELLENCE AND REMAIN FINANCIALLY SOUND. 0 0 14170818 18340840 INDEPENDENT LIVING SENIOR HOUSING AND SERVICES: EASTSIDE RETIREMENT ASSOCIATION (EMERALD HEIGHTS) PROVIDES SAFE AND SECURE SENIOR HOUSING AND SERVICES TO APPROXIMATELY 360 INDEPENDENT LIVING RESIDENTS IN THE ORGANIZATION'S 290 APARTMENTS. THE ORGANIZATION PROVIDES MANY SUPPORT SERVICES, INCLUDING * MEAL SERVICES PROVIDED IN A CENTRAL DINING ROOM * FITNESS AND EXERCISE CLASSES, EQUIPMENT AND SWIMMING POOL * ON SITE MEDICARE-CERTIFIED CLINIC * WELLNESS PROGRAMS * SOCIAL PROGRAMS * A WIDE VARIETY OF RESIDENT ACTIVITIES, BOTH ON SITE AND OTHER LOCATIONS * TRANSPORTATION TO MEDICAL APPOINTMENTS AND GROCERY STORES, BANKS, AND SPECIAL ACTIVITIES * SPIRITUAL SERVICES, CHAPEL AND ON SITE CHAPLAIN. ALL RESIDENTS HAVE UNLIMITED ACCESS TO ASSISTED LIVING AND SKILLED NURSING HEALTH CARE. EMERALD HEIGHTS WAS FINANCED WITH BONDS ISSUED BY THE WASHINGTON STATE HOUSING FINANCE COMMISSION. AS A CONDITION OF THIS FINANCING, EMERALD HEIGHTS HAS SET ASIDE 25% OF ALL UNITS FOR LOWER-INCOME HOUSEHOLDS AS DEFINED BY THE COMMISSION. EMERALD HEIGHTS IS A TYPE A EXTENSIVE CONTRACT LIFE CARE RETIREMENT COMMUNITY. AS A TYPE A IN THE STATE OF WASHINGTON, NO RESIDENT OF EMERALD HEIGHTS MAY UTILIZE TAX-PAYER FUNDED PUBLIC ASSISTANCE PROGRAMS SUCH AS MEDICAID. EMERALD HEIGHTS PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO, FOR REASONS BEYOND THEIR CONTROL, BECOME UNABLE TO PAY THEIR MONTHLY SERVICE FEES. AS A NOT-FOR-PROFIT, MISSION-DRIVEN ORGANIZATION, REVENUES GENERATED IN EXCESS OF EXPENSES ARE INVESTED AND HELD AS RESERVES TO ENSURE ALL CURRENT AND FUTURE CONTRACTUAL OBLIGATIONS CAN BE FULLY MET, TO REPLACE FACILITY AND PROGRAM ASSETS AS NEEDED AND TO ALLOW PRUDENT EXPANSION OF THE MISSION. EMERALD HEIGHTS PROVIDES OPPORTUNITIES FOR RESIDENTS AND STAFF TO INTERACT WITHIN THE EMERALD HEIGHTS COMMUNITY, THE GREATER REDMOND COMMUNITY AND BEYOND BY ESTABLISHING JOINT RESIDENT/STAFF COMMITTEES, ESTABLISHING CLOSE TIES WITH COMMUNITY FACILITIES SUCH AS REDMOND HIGH SCHOOL, AND DEVELOPING COMMUNITY OUTREACH SERVICES AND PROGRAMS CONSISTENT WITH OUR MISSION. EMERALD HEIGHTS RECRUITS, DEVELOPS AND RETAINS COMPETENT AND CARING STAFF WHO SHARE THE ORGANIZATION'S PRINCIPLES, VALUES AND STANDARDS BY MAINTAINING OPEN COMMUNICATION AND STRESSING TEAM WORK THAT BUILDS UP THE SPIRIT OF COMMUNITY, PROVIDING OPPORTUNITIES AND PROGRAMS FOR CONTINUAL PERSONAL AND PROFESSIONAL DEVELOPMENT OF STAFF AT ALL LEVELS, DEVELOPING STANDARDS OF PERFORMANCE FOR EVALUATION BASED ON POSITION DESCRIPTIONS, AND PROVIDING FAIR, COMPETITIVE COMPENSATION AND BENEFITS. 1418122 1898420 ASSISTED LIVING HOUSING, SERVICES AND HEALTH CARE: EMERALD HEIGHTS HAS 56 ASSISTED LIVING APARTMENTS THAT PROVIDE LONG-TERM HOUSING AND SERVICES TO RESIDENTS THAT NEED MORE CARE THAN INDEPENDENT LIVING RESIDENTS. THESE ADDITIONAL SERVICES AND SUPPORT ARE PROVIDED AT THE RATE THE RESIDENT WOULD PAY IF THEY REMAINED IN THEIR PRIVATE RESIDENTIAL UNIT PLUS THE COST OF RECEIVING ADDITIONAL MEALS. A WIDE VARIETY OF SUPPORT SERVICES ARE AVAILABLE TO ASSIST WITH ACTIVITIES OF DAILY LIVING AND MEMORY CARE FOR THOSE RESIDENTS WITH DEMENTIA. SOCIAL AND PROGRAM ACTIVITIES ARE PROVIDED. 3829756 3462197 SKILLED NURSING HOUSING, SERVICES AND HEALTH CARE: EMERALD HEIGHTS HAS 61 SKILLED NURSING BEDS THAT PROVIDE HOUSING, CARE AND NURSING SERVICES TO RESIDENTS THAT NEED THIS HIGHER LEVEL OF CARE. SERVICES IN THIS AREA MAY BE SHORT TERM TO PROVIDE NEEDED CARE TO REHABILITATE AFTER AN ILLNESS OR INJURY. THE SKILLED NURSING FACILITY ALSO PROVIDES LONG-TERM CUSTODIAL CARE FOR THOSE RESIDENTS NEEDING THIS HIGHER LEVEL OF HEALTH CARE. THESE ADDITIONAL SERVICES AND SUPPORT ARE PROVIDED AT THE RATE THE RESIDENT WOULD PAY IF THEY REMAINED IN THEIR PRIVATE RESIDENTIAL UNIT PLUS THE COST OF RECEIVING ADDITIONAL MEALS. A WIDE VARIETY OF HEALTH CARE, SUPPORT SERVICES, SOCIAL AND PROGRAM ACTIVITIES ARE AVAILABLE TO ASSIST AND CARE FOR RESIDENTS. 19418696 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 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 1 0 0 0 1 41 0 1 405 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 X ALLAN R CHAMBARD 4255568100 10901 176TH CIRCLE NE REDMOND WA 98052 JOHN PLOVIE CHAIR 2.00 1.00 X X 0 0 0 JUSTIN HENDRICKSON VICE CHAIR 1.00 0.00 X X 0 0 0 GORDON LINDBLOM SECRETARY 1.00 0.00 X X 0 0 0 ROBERT CRIST DIRECTOR 1.00 2.00 X 0 0 0 LINDA HUSSEY DIRECTOR 1.00 0.00 X 0 0 0 DANNA VAN HORN DIRECTOR 1.00 0.00 X 0 0 0 JANE WALLS DIRECTOR 1.00 0.00 X 0 0 0 BILL MERRIMAN DIRECTOR 1.00 0.00 X 0 0 0 CHRIS NEWMAN DIRECTOR 1.00 0.00 X 0 0 0 MAUREEN O'HARA DIRECTOR 1.00 0.00 X 0 0 0 LARRY PINNT DIRECTOR 1.00 0.00 X 0 0 0 DAPHNE SCHNEIDER DIRECTOR 1.00 2.00 X 0 0 0 SUZANNE SIKMA DIRECTOR 1.00 0.00 X 0 0 0 JAY BERGEVIN DIRECTOR 1.00 0.00 X 0 0 0 JAN LAWRENCE DIRECTOR 1.00 0.00 X 0 0 0 BARBARA WHITSON DIRECTOR 1.00 0.00 X 0 0 0 LISA HARDY PRESIDENT & CEO 32.00 18.00 X 293216 0 53947 ALLAN CHAMBARD VP, FINANCE & CFO 11.00 39.00 X 202419 0 25691 KAY WALLIN VP, MARKETING & PR 27.00 23.00 X 144399 0 14602 LEAH DIEHL EXECUTIVE DIRECTOR 50.00 0.00 X 150273 0 19729 CRAIG ORGILL DIR FINANCIAL PLANNING & ANALYSIS 48.00 2.00 X 109165 0 15433 ANN ZELL HEALTH SERVICES ADMINISTRATOR 50.00 0.00 X 107787 0 12814 SHARON HOWELL DIRECTOR OF MARKETING 50.00 0.00 X 107136 0 16928 1114395 0 159144 7 0 1 0 GLY INTERIORS PO BOX 6728 BELLEVUE WA 98008 CONSTRUCTION 14486330 ANDERSON CONSTRUCTION 1900 AIRPORT WAY SOUTH SEATTLE WA 98134 CONSTRUCTION 1478995 RICE FERGUS MILLER ARCHITECTURE 262 4TH STREET BREMERTON WA 98337 ARCHITECTURAL 650021 COMMERCIAL OFFICE INTERIORS 2601 4TH AVENUE SEATTLE WA 98121 OFFICE DESIGN 455666 GLYNNDEVINS 11230 COLLEGE BOULEVARD OVERLAKE PARK KS 66210 ADVERTISING & MARKETING 344368 7 219461 219461 MONTHLY MAINT FEES 623000 11624656 11624656 ENTRANCE FEES 623000 5968895 5968895 SKILLED NURSING SRVCS 623000 3462197 3462197 ASSISTED LIVING 623000 1898420 1898420 MEALS & OTHER SERVICES 446199 747289 747289 23701457 1134778 1134778 92463 0 92463 92463 92463 12641790 10494943 2146847 2146847 2146847 27295006 23701457 0 3374088 1262939 1262939 7225223 6819626 405597 127761 106382 21379 2042790 1943080 99710 683666 576464 107202 9859 9859 194359 53653 140706 80865 80865 251268 190441 60827 162343 162343 750569 581400 169169 77172 24983 52189 1415976 1410715 5261 61687 32941 28746 57478 15568 41910 1493595 1487412 6183 4030557 4013870 16687 303850 303850 FOOD & BEVERAGE 1432266 1421700 10566 HEALTH SERVICES 696381 696381 ADMINISTRATIVE 74815 44080 30735 22435419 19418696 3016723 0 2600 2600 10812447 9171538 204934 437647 1065939 4715225 200388 151458 221913 143929 112809932 42954649 56596722 69855283 52582752 58371133 1641424 870611 9835611 16373554 133164730 160092978 2794253 4823340 50780433 55459265 32020000 29245000 5000000 15000000 21460335 26191372 112055021 130718977 X 17824757 25750045 2996824 3335828 288128 288128 21109709 29374001 133164730 160092978 4859587 3404705 0 X 0 1 X 1 0 X 329074 106345 148821 224076 219461 1027777 20686131 5214912 21142115 22793975 23701457 93538590 21015205 5321257 21290936 23018051 23920918 94566367 179892 69159 196170 139910 133820 718951 0 179892 69159 196170 139910 133820 718951 93847416 1316554 505806 1974549 1445462 1227241 6469612 1316554 505806 1974549 1445462 1227241 6469612 22331759 5827063 23265485 24463513 25148159 101035979 0.92890 0.92100 0.06400 0.07120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 271936 11595 48708 234823 359109 12827 100000 271936 350442 8667 359109 345844 4598 350442 327488 18396 345884 0.00000 0.35550 0.64450 0 0 3187455 3187455 79626782 25894082 53732700 4008037 1429542 2578495 25987658 15631025 10356633 69855283 DEFERRED FINANCING COST 822670 FUNDS IN ESCROW FOR FUTURE DEVELOPMENT 2773570 ENVIRONMENTAL PROTECTION DEPOSITS 135798 CONSTRUCTION IN PROGRESS 10316469 DEBT SERVICE RESERVE FUND 2325047 16373554 REFUNDABLE ENTRANCE FEES 20188829 RESIDENT DEPOSITS 280463 DEFERRED COMPENSATION 169075 FUNDS IN ESCROW FOR FUTURE DEVELOPMENT 2773570 BOND PREMIUMS 2779435 26191372 30618846 3404705 -80865 3323840 27295006 0 27295006 22354554 0 22354554 80865 80865 22435419 PART V, LINE 4: THE ENDOWMENT CONSISTS OF ONE FUND ESTABLISHED FOR THE PURPOSE OF SUBSIDIZING MONTHLY SERVICE FEES OF CONTRACT RESIDENTS WHOSE FUNDS HAVE DECREASED TO THE EXTENT THAT THEY ARE NO LONGER ABLE TO PAY THE ENTIRE MONTHLY SERVICE FEE. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES NETTED WITH REVENUE ON FINANCIAL STATEMENTS -80,865. 0 1 0 0 0 0 0 1 0 LISA HARDY PRESIDENT & CEO 235760 0 48095 0 9361 0 14766 20449 18732 0 326714 20449 0 0 ALLAN CHAMBARD VP, FINANCE & CFO 175744 0 25717 0 958 0 10072 0 15619 0 228110 0 0 0 KAY WALLIN VP, MARKETING & PR 130715 0 13452 0 232 0 7327 0 7275 0 159001 0 0 0 LEAH DIEHL EXECUTIVE DIRECTOR 115678 0 34530 0 65 0 7058 0 12671 0 170002 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS OF EMERALD COMMUNITIES, A RELATED ORGANIZATION, IS RESPONSIBLE FOR THE ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT/CEO AND ESTABLISHING THE COMPENSATION FOR THE POSITION. THESE INDEPENDENT BOARD MEMBERS CONSIDER INFORMATION FROM A VARIETY OF SOURCES INCLUDING COMPARABLE DATA FROM SURVEYS AND STUDIES, FORM 990 OF OTHER COMPARABLE ORGANIZATIONS AND INPUT FROM AN INDEPENDENT COMPENSATION CONSULTANT. THESE RESULTS OF THESE DELIBERATIONS AND DECISIONS ARE CONTEMPORANEOUSLY SUBSTANTIATED AND AN ANNUAL EMPLOYMENT CONTRACT IS UTILIZED. PERFORMANCE AND COMPENSATION REVIEWS ARE CONDUCTED ANNUALLY. THE MOST RECENT WAS COMPLETED NOVEMBER 2013. PART I, LINE 4B LISA HARDY PARTICIPATED IN A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN. THE 2013 DEFERRED COMPENSATION AMOUNT WAS $20,449. PART I, LINE 7 CERTAIN NON-FIXED INCENTIVE PAYMENTS WERE PAID TO MANAGEMENT STAFF THAT RELATE TO PERFORMANCE MEASUREMENTS OTHER THAN REVENUE AND NET EARNINGS. A WASHINGTON STATE HOUSING FINANCE COMMISSION REVENUE BOND SERIES 2013 2013-02-20 29845000 BOND REFINANCE 0 0 0 A 600000 32859420 126892 712528 32020000 2013 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 0 A 1 SCHEDULE K, PART I, COLUMN (F): DESCRIPTION OF PURPOSE: THE SERIES 2013 FIXED RATE BOND ISSUE WAS USED TO REFINANCE THE 2003 VARIABLE RATE BOND ISSUE. ALL PROCEEDS FROM THE SERIES 2013 BOND ISSUE WERE USED TO PAY OFF THE SERIES 2003 BOND PRINCIPAL BALANCE, PAY FOR THE COST OF ISSUANCE OF THE SERIES 2013 BONDS AND FUND A PORTION OF THE SERIES 2013 REQUIREMENT FOR A DEBT SERVICE RESERVE FUND. SCHEDULE K, PART IV, LINE 7, ARBITRAGE POLICIES: NO WRITTEN POLICY CURRENTLY EXISTS RELATING TO ARBITRAGE MONITORING SINCE NO BOND PROCEEDS HAVE BEEN INVESTED IN A MANNER THAT WOULD PRODUCE INVESTMENT EARNINGS. ALL PROCEEDS FROM THE BOND HAVE BEEN EXPENDED FOR THE PURPOSE OF THE BOND. FORM 990, PART I, LINE 6: VOLUNTEERS EMERALD HEIGHTS HAD APPROXIMATELY 290 VOLUNTEERS IN 2013. TOTAL VOLUNTEER HOURS WORKED IN 2013 WERE APPROXIMATELY 17,300. THIS IS BASED UPON RECORDS KEPT BY THE VARIOUS RESIDENT GROUPS AND INDIVIDUALS DONATING THEIR TIME AND REPORTED TO THE DIRECTOR OF RESIDENT SERVICES OF EMERALD HEIGHTS. EMERALD HEIGHTS HAS A VOLUNTEER BOARD OF DIRECTORS. BOARD MEMBERS SERVE A SIGNIFICANT AMOUNT OF TIME IN BOARD AND COMMITTEE MEETINGS, EDUCATIONAL EVENTS AND OTHER SERVICE TO THE ORGANIZATION AND ITS RESIDENTS. THE RESIDENT VOLUNTEERS PROVIDE SERVICES IN THE RESIDENT RUN COFFEE SHOP, COUNTRY STORE, AND THRIFT SHOP. THEY ARE ALSO INVOLVED IN VARIOUS ADVISORY, SOCIAL AND EDUCATIONAL COMMITTEES AND WITH A VARIETY OF ACTIVE WORK PROJECTS SUCH AS TRAIL MAINTENANCE. THE RESIDENTS ALSO VOLUNTEER OUTSIDE OF EMERALD HEIGHTS IN A VARIETY OF CAPACITIES. FORM 990, PART VI, SECTION A, LINE 6 AS A NOT-FOR-PROFIT ORGANIZATION THERE ARE NO STOCKHOLDERS. THE SOLE MEMBER OF THE CORPORATION IS THE PARENT CORPORATION, EMERALD COMMUNITIES. FORM 990, PART VI, SECTION A, LINE 7A THE PARENT CORPORATION, EMERALD COMMUNITIES, AS THE SOLE MEMBER, HAS THE RIGHT TO APPROVE NEW MEMBERS AND TO APPROVE ELECTION OF DIRECTORS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE PARENT CORPORATION, EMERALD COMMUNITIES, AS THE SOLE MEMBER, HAS THE RIGHT TO APPROVE THE FOLLOWING DECISIONS MADE BY THE ORGANIZATION'S BOARD OF DIRECTORS: ELECTION OF DIRECTORS, THE CHIEF EXECUTIVE OFFICER OF THE ORGANIZATION, ANNUAL AND LONGER-RANGE OPERATIONAL AND CAPITAL BUDGETS, FINANCINGS FOR AMOUNTS OVER $1,000,000, LONG-RANGE STRATEGIC PLANNING, AND AMENDMENT OF THE ARTICLES OF INCORPORATION OR BYLAWS OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 THE CHIEF FINANCIAL OFFICER REVIEWS THE FORM 990 WITH THE CEO OF THE ORGANIZATION AND IT IS THEN PROVIDED TO THE FINANCE AND AUDIT COMMITTEE AND THE BOARD OF DIRECTORS PRIOR TO FILING. THE FINANCE AND AUDIT COMMITTEE REVIEWS THE FORM 990, PROVIDES THEIR INPUT AND APPROVES THE FINAL FORM 990 BEFORE IT IS FILED. ALL MEMBERS OF THE BOARD OF DIRECTORS ALSO RECEIVE A COPY OF THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL DIRECTORS AND OFFICERS TO COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE EACH YEAR AND SUBMIT IT TO THE GOVERNANCE COMMITTEE OF THE BOARD OF DIRECTORS. THE GOVERNANCE COMMITTEE REVIEWS THE QUESTIONNAIRES AND DETERMINES IF THERE ARE ANY CONFLICT ISSUES THAT NEED TO BE ADDRESSED. IF IT IS DETERMINED THAT A CONFLICT OF INTEREST EXISTS OR MAY APPEAR TO EXIST, THE GOVERNANCE COMMITTEE WILL RECOMMEND TO THE BOARD THE APPROPRIATE ACTION TO RESOLVE THE CONFLICT. THE BOARD OF DIRECTORS WILL VOTE ON SUCH RECOMMENDATIONS AS NEEDED. THE GOVERNANCE COMMITTEE ANNUALLY REVIEWS AND RECOMMENDS CHANGES TO THE CONFLICT OF INTEREST POLICY AND QUESTIONNAIRE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS OF EMERALD COMMUNITIES IS RESPONSIBLE FOR THE ANNUAL PERFORMANCE REVIEW OF THE PRESIDENT/CEO AND ESTABLISHING THE SALARY FOR THE POSITION. THESE INDEPENDENT BOARD MEMBERS CONSIDER COMPARABLE DATA FROM SURVEYS OR STUDIES AND APPROPRIATE INPUT FROM COMPENSATION PROFESSIONALS. THE RESULTS OF THESE DELIBERATIONS AND DECISIONS ARE CONTEMPORANEOUSLY SUBSTANTIATED. COMPENSATION REVIEWS ARE CONDUCTED ANNUALLY. THE MOST RECENT WAS COMPLETED NOVEMBER 2013. THE PROCESS FOR DETERMINING COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES INCLUDES OVERALL BUDGET COMPENSATION CRITERIA FOR THE ORGANIZATION THAT IS APPROVED BY THE BOARD OF DIRECTORS. ALL EMPLOYEES OF THE ORGANIZATION RECEIVE ANNUAL PERFORMANCE EVALUATIONS WHICH ARE CONDUCTED AT THE SAME TIME AND BECOME A KEY FACTOR IN COMPENSATION DECISIONS. SALARY SURVEYS AND MARKET COMPENSATION INFORMATION IS ALSO CONSIDERED. THE PERFORMANCE EVALUATION AND COMPENSATION DETERMINATION INCLUDES REVIEW AND APPROVAL BY THE CEO AND DIRECTOR OF HUMAN RESOURCES. THE PERFORMANCE EVALUATIONS, COMPENSATION DECISIONS, COMPARABILITY DATA AND COMPARISONS TO APPROVED BUDGETS ARE DOCUMENTED AS PART OF THE PROCESS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. EMERALD COMMUNITIES 10901 176TH CIRCLE NE REDMOND WA 98052 204381745 EXPAND ERA'S MISSION WA 501(C)(3) LINE 9 N/A 0 0 0 0 1 0 0 0 0 0 0 0 1 0 1 1 0 0 1 0