2014-11-12T19:36:20-06:00 2013-12-31 910189318 MOSS ADAMS LLP 3121 W MARCH LN STE 100 STOCKTON CA 952192303 990 2013-01-01 680472230 ESKATON VILLAGE ROSEVILLE ESKA 9163340810 5105 MANZANITA AVENUE CARMICHAEL CA 95608 BILL PACE CFO 9163340810 2014-11-10 1 TRACY S PAGLIA P00366884 2099556100 2013 2015-11-30 17:44:51Z TODD S MURCH 5105 MANZANITA AVENUE CARMICHAEL CA 95608 5873859 0 X WWW.ESKATON.ORG X 2001 CA TO ENHANCE THE QUALITY OF LIFE OF SENIORS THROUGH INNOVATIVE HEALTH, HOUSING AND SOCIAL SERVICES. 12 11 116 0 0 0 0 8232 8188870 5863228 3189 2399 0 0 8192059 5873859 0 0 0 0 2471513 2644826 0 0 0 3746057 3486095 6217570 6130921 1974489 -257062 19967766 19395480 24912394 22471628 -4944628 -3076148 THE PRIMARY MISSION IS TO ENHANCE THE QUALITY OF LIFE OF SENIORS THROUGH INNOVATIVE HEALTH, HOUSING AND SOCIAL SERVICES. 0 0 5149741 0 5863228 ESKATON VILLAGE ROSEVILLE IS AN ASSISTED LIVING COMMUNITY THAT PROVIDES RESIDENTS NEEDED ASSISTANCE WHILE PROTECTING THEIR DESIRE FOR PRIVACY, DIGNITY & INDEPENDENCE. RESIDENTS MAY ENLIST THE SERVICES OF STAFF FOR SHOWERING, DRESSING, GROOMING & MEDICATION MANAGEMENT. ADDITIONALLY, ASSISTED LIVING RESIDENTS HAVE ACCESS TO AN IN-HOUSE PHYSICIAN, A FULL RANGE OF RECREATIONAL ACTIVITIES THAT MAY INCLUDE GARDENING, ARTS & CRAFT PROJECTS, CURRENT EVENTS DISCUSSIONS & EXERCISE. SPECIALIZED PROGRAMS TO MEET THE UNIQUE NEEDS OF RESIDENTS WITH MEMORY IMPAIRMENTS ARE ALSO AVAILABLE. ESKATON VILLAGE ROSEVILLE OPERATING STATISTICS - RESIDENT DAYS: 31,780 PLEASE VISIT THE ESKATON WEBSITE (WWW.ESKATON.ORG) FOR THE ESKATON ANNUAL REPORT. 5149741 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 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 1 1 0 0 1 15 0 1 116 1 0 0 0 0 0 0 0 0 0 0 X 12 11 0 1 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 CA X X EDUARD BOOGAARD 9163395688 5105 MANZANITA AVENUE CARMICHAEL CA 95608 TODD MURCH PRESIDENT & CEO 2.00 52.00 X X 0 528247 131080 ANNE BURNS JOHNSON BOARD MEMBER 0.10 0.60 X 0 0 0 CARL GERLACH BOARD MEMBER 0.10 0.60 X 0 0 0 CLARENCE WILLIAMS BOARD MEMBER 0.10 0.60 X 0 0 0 DOUGLAS ELMETS BOARD MEMBER 0.10 0.60 X 0 0 0 GAY MARIE BONE CHAIRPERSON 0.20 1.20 X X 0 0 0 ROBERT EDMONDSON BOARD MEMBER 0.10 0.60 X 0 0 0 LISA YATES BOARD MEMBER 0.10 0.60 X 0 0 0 SAM PEREZ BOARD MEMBER 0.10 0.60 X 0 0 0 VICTOR SIPOS BOARD MEMBER 0.10 0.60 X 0 0 0 WES G JUSTYN BOARD MEMBER 0.10 1.60 X 0 0 0 MARGARET DYER-CHAMBERLIN BOARD MEMBER 0.10 0.60 X 0 0 0 LEELAND KING BOARD MEMBER (THROUGH MAY 2013) 0.10 0.60 X 0 0 0 MARY HOPP BOARD MEMBER (THROUGH MAY 2013) 0.10 0.60 X 0 0 0 BILL PACE CFO 2.00 52.00 X 0 332937 33731 ELIZABETH DONOVAN SECRETARY 2.00 52.00 X 0 310900 20621 0 1172084 185432 0 0 1 0 ESKATON PROPERTIES INC 5105 MANZANITA AVENUE CARMICHAEL CA 95608 MANAGEMENT FEE 340771 1 8232 8232 HEALTH CARE RELATED 623000 5232713 5232713 HOMEOWNER MGMT. & SVCS 623000 362791 362791 APPLICANT FEE REVENUE 623000 91900 91900 BARBER & BEAUTY 623000 76854 76854 ESKATON PROPERTIES 623000 63275 63275 35695 35695 5863228 2399 2399 5873859 5863228 0 2399 1865821 1507555 358266 617473 498909 118564 161532 135566 25966 340771 275338 65433 4651 4651 315358 216036 99322 57919 9903 48016 278908 241552 37356 272034 272034 8138 5323 2815 1975 1616 359 266563 266563 897533 897533 124879 124879 SWAP PAYMENTS/RECEIPTS 727549 727549 ANCILLARY COSTS 67665 67665 BAD DEBTS 8219 8219 FINANCING FEES 6082 6082 107851 12298 95553 6130921 5149741 981180 0 1709062 1819783 165360 165360 32437 243795 4192 5777 45995 19374 22627612 5681768 17721402 16945844 289318 195547 19967766 19395480 278276 382975 125000 125077 19435000 19015000 5074118 2948576 24912394 22471628 X -4944628 -3076148 -4944628 -3076148 19967766 19395480 -257062 2125542 0 X 0 1 X 1 0 X 8232 8232 5370704 7880662 9137224 8188870 5863228 36440688 5370704 7880662 9137224 8188870 5871460 36448920 2966087 63275 3029362 0 2966087 63275 3029362 33419558 68602 4764 3189 2399 78954 68602 4764 3189 2399 78954 5370704 7949264 9141988 8192059 5873859 36527874 0.91490 0.90470 0.00220 0.00670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 403963 403963 17095778 3885214 13210564 3686310 914817 2771493 1312202 757352 554850 129359 124385 4974 16945844 SWAP AGREEMENTS 2948576 2948576 X 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, 2013 AND 2012, THERE WERE NO SUCH UNCERTAIN TAX POSITIONS. 0 1 0 0 0 0 0 0 0 TODD MURCH PRESIDENT & CEO 0 451219 0 76998 0 30 0 103087 0 27993 0 659327 0 0 BILL PACE CFO 0 285500 0 47407 0 30 0 5738 0 27993 0 366668 0 0 ELIZABETH DONOVAN SECRETARY 0 272650 0 38250 0 0 0 7650 0 12971 0 331521 0 0 PART I, LINE 4B THE PLAN IS LIMITED TO KEY EMPLOYEES WHO ARE DESIGNATED BY THE COMMITTEE. 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 SENIOR 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. PART I, LINE 3: COMPENSATION FOR THE PRESIDENT AND CEO WAS DETERMINED BY ESKATON PROPERTIES, INC., A RELATED ORGANIZATION, THAT USED ONE OR MORE OF THE METHODS DESCRIBED ON LINE 3 TO ESTABLISH COMPENSATION. A ABAG FINANCE AUTHORITY 943130123 00037CJE1 2006-12-14 22000000 CONSTRUCT & EQUIP FACILITY 0 0 0 A 2985000 21324834 1174694 440000 182575 897102 18630463 2008 0 0 1 1 A 0 1 1 1 0 0.00700 0.00700 1 0 0 A 0 0 0 1 1 1 MORGAN STANLEY 29.900000000000 0 0 1 SEE PART VI 1.100000000000 1 0 0 A 0 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: ABAG FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/01/2013 PART II, LINE 3, COLUMN A: TOTAL PROCEEDS ARE LESS THAN THE ISSUE PRICE BY $675,166 DUE TO: 1) RELEASE OF THE DEBT SERVICE RESERVE FUND WHICH WAS USED TO RETIRE $1,415,000 OF BONDS; 2) INVESTMENT PROCEEDS OF $739,834 EARNED DURING THE PROJECT PERIOD. PART IV, LINE 7: THE ORGANIZATION IS IN THE PROCESS OF ADOPTING WRITTEN PROCEDURES TO MONITOR THE REQUIREMENTS OF SECTION 148. PART V - PROCEDURES TO UNDERTAKE CORRECTIVE ACTION: THE ORGANIZATION IS IN THE PROCESS OF ADOPTING WRITTEN BOND PROCEDURES THAT IDENTIFY PROBLEMS AND OUTLINE STEPS FOR REMEDIATION IF FOUND. FORM 990, PART VI, SECTION A, LINE 3 ESKATON PROPERTIES, INC. PERFORMS THE ORGANIZATION'S MANAGEMENT DUTIES THROUGH COMMON OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE CORPORATE MEMBER WITH THE POWER TO APPOINT ALL DIRECTORS OTHER THAN THE PRESIDENT OF THE CORPORATION. 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 UTILIZING DATA FROM COMPARABLE ORGANIZATIONS. THIS PROCESS IS PERFORMED ANNUALLY. THE LAST REVIEW WAS NOVEMBER 2013. FORM 990, PART VI, SECTION C, LINE 19 ESKATON ROSEVILLE'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ROUTINELY AVAILABLE TO THE PUBLIC. THE ESKATON ROSEVILLE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AND UPON REQUEST. ESKATON GOLD RIVER LODGE 5105 MANZANITA AVENUE CARMICHAEL CA 95608 941663809 SENIOR RESIDENCES & SERVICES CA 501(C)(3) LINE 9 ESKATON 1 ESKATON PROPERTIES INC 5105 MANZANITA AVENUE CARMICHAEL CA 95608 942906316 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 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 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 ESKATON PROPERTIES INC R 528000 FMV ESKATON PROPERTIES INC M 340771 FMV ESKATON PROPERTIES INC P 63274 FMV ESKATON PROPERTIES INC Q 63275 FMV