2014-11-17T17:54:09-06:00 2013-12-31 990 2013-01-01 954634615 REDWOOD SENIOR HOMES & SERVICES CORPORATION REDW 8182470420 516 BURCHETT STREET GLENDALE CA 91203 DAVID L PIERCE CHIEF FINANCIAL OFFICER 8182470420 2014-11-17 2013 2015-11-30 17:44:51Z JOHN H COCHRANE III 516 BURCHETT STREET GLENDALE CA 91203 13879661 0 X WWW.BEGROUP.ORG X 1997 CA WE ARE DEDICATED TO PROVIDING QUALITY HOUSING, HEALTH AND SUPPORT SERVICES, PRIMARILY FOR OLDER ADULTS OF ALL FAITHS THAT ENRICH THE PHYSICAL, SOCIAL AND SPIRITUAL DIMENSIONS OF THEIR LIVES. 15 15 263 0 0 0 301632 339299 17578198 13030657 8319103 74895 614449 335665 26813382 13780516 0 0 0 0 10268604 7164634 0 0 0 10070165 7743721 20338769 14908355 6474613 -1127839 24635302 12871420 25873727 15027054 -1238425 -2155634 X REDWOOD SENIOR HOMES AND SERVICES (RSHS) IS DEDICATED TO PROVIDING QUALITY HOUSING, HEALTH AND SUPPORT SERVICES, PRIMARILY FOR OLDER ADULTS OF ALL FAITHS THAT ENRICH THE PHYSICAL, SOCIAL AND SPIRITUAL DIMENSIONS OF THEIR LIVES. BE.GROUP IS ALSO COMMITTED TO ACTING AS A RESOURCE FOR THE COMMUNITIES IN WHICH WE OPERATE. 0 0 6531218 4876816 CONTINUING CARE RETIREMENT COMMUNITIES (CCRC)RSHS PROVIDES QUALITY HOUSING AND PROGRAMS FOR OLDER ADULTS. IT IS NOT OUR POLICY TO RETAIN RESIDENTS IF THEY OUTLIVE THEIR ASSETS. HOWEVER, WHEN ANY OF OUR CONTINUING CARE RETIREMENT COMMUNITY (CCRC) RESIDENTS ARE FACED WITH FINANCIAL CRISES, RSHS BENEVOLENCE PROGRAM, WHICH IS FUNDED BY PHILANTHROPIC EFFORTS, ENABLES THEM TO REMAIN IN RSHS COMMUNITIES. NO RSHS CCRC CONTRACT RESIDENT HAS EVER BEEN ASKED TO LEAVE BECAUSE OF INABILITY TO PAY. IN SOME CASES, EVEN THE ENTRY FEE IS REDUCED OR WAIVED IF THE ENTERING RESIDENT(S) IS FOUND TO BE IN NEED, HAVING WORKED A LIFE OF SERVICE TO HUMAN KIND DIMINISHING PRESENT AND FUTURE INCOME. THROUGHOUT 2013, RSHS PROVIDED QUALITY HOUSING, SERVICES AND PROGRAMS FOR OLDER ADULTS IN OUR CCRC'S. THE TOTAL RESIDENT POPULATION AS DECEMBER 31, 2013 WAS 187, OF WHICH 116 WERE IN RESIDENTIAL, 19 WERE IN ASSISTED LIVING,6 WERE IN MEMORY CARE AND 46 WERE IN SKILLED NURSING. 5348066 6969179 NURSING RELATED EXPENSES FOR SENIORS - RSHS PROVIDES 24-HOUR HIGH-QUALITY NURSING CARE AND REHABILITATION SERVICES. IN THE NURSING COMMUNITIES, SPECIAL EMPHASIS IS PLACED ON THE EMOTIONAL WELL BEING OF THE RESIDENTS AND THEIR FAMILIES DURING A DIFFICULT PERIOD IN THEIR LIVES. BE.GROUP NURSING COMMUNITIES ALSO INCLUDE BEREAVEMENT AND SUPPORT COUNSELING FOR FAMILIES, AND REFERRAL SERVICES. IN AN EFFORT TO ENSURE THE GREATEST MOBILITY FOR NURSING FACILITY RESIDENTS, A WHEELCHAIR ACCESSIBLE VAN IS PROVIDED, ENABLING NURSING FACILITY MOBILITY IMPAIRED RESIDENTS TO GO WITH AMBULATORY RESIDENTS ON OUTINGS PREVIOUSLY INACCESSIBLE TO THEM. BE.GROUP VANS ARE ALSO AVAILABLE FOR CCRC'S AND LOW-INCOME SENIORS IN OTHER BE.GROUP MANAGED COMMUNITIES. AFFORDABLE HOUSING FOR LOW INCOME AND VERY LOW INCOME SENIORS - WE SERVE THE LOW AND VERY LOW-INCOME SENIOR CITIZENS AND MOBILITY IMPAIRED ADULTS WHO MAKE UP OUR RESIDENT POPULATIONS. IT IS OUR INTENT AND DESIRE TO ASSURE OUR RESIDENTS OF SAFE, AFFORDABLE HOUSING AND TO PROMOTE A SECURE AND SUPPORTIVE ENVIRONMENT. WE STRIVE DAILY TO OBTAIN THE HIGHEST DEGREE OF RESIDENT SATISFACTION; TO PROMOTE INDEPENDENCE AND INDIVIDUALITY, WHILE CULTIVATING A SENSE OF COMMUNITY AND MUTUAL RESPECT; TO EDUCATE AND ADVOCATE SENSITIVITY TO CULTURAL DIVERSITY; TO FACILITATE AN ENVIRONMENT OF OPEN COMMUNICATION; TO ENCOURAGE RESIDENT PARTICIPATION IN ACTIVITIES AND MANAGEMENT DECISION MAKING; AND TO MAINTAIN THE FUNCTION AND APPEARANCE OF OUR COMMUNITIES AT THEIR HIGHEST LEVELS. WE ARE PROUD OF OUR BUILDINGS AND RESIDENTS. WE REACH OUT AND ADDRESS A DESPERATE HOUSING NEED, WHICH IS INVALUABLE TO THE COMMUNITIES WE SERVE. 1595222 HOME CARE FOR SENIORS AND ASSISTED LIVING FOR SENIORS - SERVICES ARE PROVIDED TO PEOPLE IN THEIR OWN HOMES AND RESIDENTIAL COMMUNITIES WHO NEED ASSISTANCE WITH COOKING, CLEANING, SHOPPING, LAUNDRY, TRANSPORTATION, OR COMPANIONSHIP. THIS PROGRAM WAS DEVELOPED IN 1995. THE SERVICE IS OFFERED TO LOW-INCOME SENIORS THROUGH CALIFORNIA'S MSSP FRAIL ELDERLY PROGRAM AS WELL AS TO THOSE WHO PAY PRIVATELY. AS PART OF BE.GROUP'S MISSION TO ENHANCE THE LIVES OF SENIORS, BE.GROUP HAS DEVELOPED TWO STAND-ALONE ASSISTED LIVING COMMUNITIES. THESE COMMUNITIES PROVIDE ASSISTANCE TO INDIVIDUALS WHO NEED HELP WITH ACTIVITIES OF DAILY LIVING (ADL'S) SUCH AS BATHING, DRESSING, AMBULATING AND MEDICATION MONITORING. THEY DO NOT NEED 24-HOUR MEDICAL SUPERVISION BUT MAY BENEFIT FROM SPECIALIZED ACTIVITY PROGRAMS OR MEMORY SUPPORT. 1595222 11879284 1 1 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 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 46 0 1 263 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 CA X X DAVID L PIERCE VICE PRESIDENT & CFO 8182470420 516 BURCHETT STREET GLENDALE CA 91203 DOUG BEST DIRECTOR 0.00 1.00 X 0 0 0 LEE G GILBERT DIRECTOR 0.00 1.00 X 0 0 0 DON SMITH DIRECTOR 0.00 1.00 X 0 0 0 JO ELLEN MAUS DIRECTOR/VICE CHAIR 0.00 7.00 X 0 0 0 JESSE P LONGACRE DIRECTOR 0.00 1.00 X 0 0 0 ALLAN V CLARK DIRECTOR/TREASURER 0.00 1.00 X 0 0 0 JACK ANDERSON DIRECTOR/CHAIR 0.00 10.00 X 0 0 0 DOROTHY COLE DIRECTOR 0.00 1.00 X 0 0 0 MANUEL MAC CORREA DIRECTOR 0.00 1.00 X 0 0 0 REX GARFIELD DIRECTOR 0.00 1.00 X 0 0 0 MARTHA P GRESHAM DIRECTOR/SECRETARY 0.00 3.00 X 0 0 0 ANN M HEIN DIRECTOR 0.00 1.00 X 0 0 0 LARRY WIGHT DIRECTOR 0.00 1.00 X 0 0 0 HOWARD MADDEN DIRECTOR 0.00 1.00 X 0 0 0 BETTY BRILL DIRECTOR 0.00 1.00 X 0 0 0 DANIEL S OGUS EVP AND COO 1.00 40.00 X 0 438381 29727 JOHN H COCHRANE III EX OFFICIO/CEO 1.00 40.00 X 0 550847 39468 DAVID L PIERCE VP/CHIEF FINANCIAL OFFICER 1.00 40.00 X 0 378459 21912 BENJAMIN F BECKLER VP OF PROJECT DEV 1.00 40.00 X 0 290472 12727 MARC HERRERA VP-SNA AND RISK MGT 1.00 40.00 X 0 250070 20215 DAN HUTSON VP-COMMUNICATION AND MKTG 1.00 40.00 X 0 221037 17466 SOPHIA LUKAS EXECUTIVE DIRECTOR 40.00 X 131781 0 6152 POLLY AHADZADEH CONTROLLER 1.00 40.00 X 0 194302 17673 GERALD DINGIVAN FORMER CEO 0.00 X 0 208375 0 131781 2531943 165340 1 1 1 0 THERAPY SPECIALISTS 3760 CONVOY ST SUITE 204 SAN DIEGO GA 92111 THERAPY SERVICES 935409 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA CA 30368 DIETARY 404331 SYSCO SAN DIEGO 1180 KIRKHAM ROAD POWAY CA 92064 FOOD SERVICES 275970 RON'S PHARMACY SERVICES 6225 NANCY RIDGE DRIVE SAN DIEGO CA 92121 PHARMACY 160549 RAY WHITE CEMENT PO BOX 489 FALLBROOK CA 92088 CONSTRUCTION 152085 5 339299 339299 ELDERLY RESIDENT INCOME 623000 7229685 7229685 MEDICARE/MEDICAID OTHER GOVT CONT 623000 4159117 4159117 ENTRANCE FEE AMORTIZATION 623990 1641855 1641855 13030657 46134 46134 97200 30706 99145 0 -1945 30706 28761 28761 OTHER MISCELLANEOUS 900099 335665 335665 335665 13780516 13441217 0 0 X 5102949 4305528 797421 302536 255785 46751 1262711 960783 301928 496438 411101 85337 842463 842463 -1866 -1866 41960 41960 1991755 1837633 154122 237181 237181 1159386 961387 197999 891997 891997 139902 128397 11505 67305 18288 49017 892875 892875 -180931 -180931 1118683 1118683 OTHER MISC EXPENSES 245479 245479 INSURANCE NON PROPERTY 119679 119679 MISC DIRECT EXPENSE 82163 1224 80939 LICENSES, TAXES 58611 4003 54608 37079 27052 10027 14908355 11879284 3029071 0 -177943 34 35026 35026 925263 667744 35019 36325 181604 197773 25910150 11787265 13868908 14122885 9767425 -2188367 24635302 12871420 1179581 717041 4193478 7901958 15905362 4795000 4595306 1613055 25873727 15027054 X -1238425 -2155634 -1238425 -2155634 24635302 12871420 X -1127839 -12259 209815 13074 X X 0 0 0 X 125259 123873 111201 301632 339299 1001264 18257230 18990648 18413430 17578198 13030657 86270163 18382489 19114521 18524631 17879830 13369956 87271427 0 0 0 87271427 50212 52673 55129 50236 46134 254384 50212 52673 55129 50236 46134 254384 22859 209675 56621 614449 335665 1239269 18455560 19376869 18636381 18544515 13751755 88765080 0.98320 0.98740 0.00290 0.00260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4759817 -65512 4694305 4748377 11440 4759817 4634052 114325 4748377 4501072 132980 4634052 4255216 245856 4501072 0.33620 0.66380 0 1 1 25910150 11787265 14122885 14122885 DEPOSITS 17650 ACCRUED LIABILITIES 42539 PENSION LIABILITY 1552866 1613055 X PART X, LINE 2: THE FASB HAS ISSUED FASB INTERPRETATION (FIN) NO. 48 ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - AN INTERPRETATION OF FASB STATEMENT NO. 109, AS AMENDED. THIS INTERPRETATION CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENT IN ACCORDANCE WITH FASB STATEMENT NO. 109, ACCOUNTING FOR INCOME TAXES. THIS INTERPRETATION PRESCRIBES A RECOGNITION THRESHOLD AND MEASURES ATTRIBUTES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. AS A RESULT OF THE IMPLEMENTATION OF FIN NO. 48, BE.GROUP AND AFFILIATES HAVE NOT RECOGNIZED AN INCREASE IN THE LIABILITY FOR UNRECOGNIZED TAX BENEFITS. 1 1 0 0 0 0 0 0 0 DANIEL S OGUS EVP AND COO 0 275662 0 161828 0 891 0 0 0 29727 0 468108 0 0 JOHN H COCHRANE III EX OFFICIO/CEO 0 342630 0 207259 0 958 0 0 0 39468 0 590315 0 0 DAVID L PIERCE VP/CHIEF FINANCIAL OFFICER 0 240959 0 137500 0 0 0 0 0 21912 0 400371 0 0 BENJAMIN F BECKLER VP OF PROJECT DEV 0 214811 0 75000 0 661 0 0 0 12727 0 303199 0 0 MARC HERRERA VP-SNA AND RISK MGT 0 171758 0 75000 0 3312 0 0 0 20215 0 270285 0 0 DAN HUTSON VP-COMMUNICATION AND MKTG 0 161037 0 60000 0 0 0 0 0 17466 0 238503 0 0 POLLY AHADZADEH CONTROLLER 0 145302 0 49000 0 0 0 0 0 17673 0 211975 0 0 GERALD DINGIVAN FORMER CEO 0 0 0 0 0 208375 0 0 0 0 0 208375 0 208375 PART I, LINE 1A HUMAN RESOURCES POLICY HR-116 STATES THAT BE.GROUP WILL REIMBURSE SPECIFIC EXECUTIVE CLASS EMPLOYEES FOR THEIR INDIVIDUAL MEMBERSHIP FEES IN THE HEALTH CLUB OF THEIR CHOICE UP TO THE MAXIMUM ALLOWABLE MONTHLY REIMBURSMENT OF $60, WHICH IS DEEMED REASONABLE. PART I, LINE 1B PURSUANT TO HR-116, REIMBURSEMENT REQUESTS ARE TO BE SUBMITTED MONTHLY USING THE STANDARD EXPENSE REPORT FORM. PART I, LINE 6 ON AN ANNUAL BASIS, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (IN ITS CAPACITY OF COMPENSATION COMMITTEE) HELPS DEVELOP AND APPROVES THE CORPORATE GOALS THAT ARE USED IN CALCULATING THE COMPANY'S CEO AND SENIOR MANAGEMENT INCENTIVE COMPENSATION. THE EXECUTIVE COMMITTEE IN CONSULTATION WITH THE CEO ESTABLISHES CRITERIA TO BE MET FOR PURPOSES OF ANY INCENTIVE COMPENSATION THAT IS PAID OUT. INCENTIVE COMPENSATION IS CAPPED AT A PERCENT OF SALARY BASED ON POSITION. FOR 2013, THE CRITERIA USED IN CALCULATING INCENTIVE COMPENSATION WERE FINANCIAL PERFORMANCE (EBITDA) COMPARED TO BUDGET, IMPROVEMENT IN UNRESTRICTED NET ASSETS, QUALITY MEASURES AND OCCUPANCY GOALS WITH MINIMUM AND MAXIMUM RANGES. THERE WERE INCENTIVE BONUSES ACCRUED IN THE AMOUNT OF $1,200,000 AS OF DECEMBER 31, 2013, AND FINAL PAYMENTS MADE IN JANUARY AND FEBRUARY OF 2014 IN THE AMOUNT OF $1,188,202 RELATED TO FISCAL YEAR 2013. FOR ADDITIONAL INFORMATION ABOUT THE METHODOLOGY OF DETERMINING EXECUTIVE COMPENSATION, PLEASE REFER TO SCHEDULE O. FORM 990, PART VI, SECTION B, LINE 11 THIS 990 WAS PREPARED BY THE ACCOUNTING DEPARTMENT IN THE HOME OFFICE OF BE.GROUP. IT WAS REVIEWED BY THE CONTROLLER AND THE VICE PRESIDENT/CHIEF FINANCIAL OFFICER. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MET ON NOVEMBER 10, 2014 FOR FINAL REVIEW PRIOR TO FILING THIS FORM WITH THE PROPER GOVERNMENT AUTHORITIES. IT WAS MADE AVAILABLE TO EACH VOTING MEMBER OF THE BOARD OF DIRECTORS ON NOVEMBER 12, 2014 BY PLACING IT ON AN INTERNET PORTAL. FORM 990, PART VI, SECTION B, LINE 12C PURSUANT TO COMPANY POLICY HR-101, MANAGEMENT EMPLOYEES AND BOARD OF DIRECTORS ARE ASKED, ON AN ANNUAL BASIS, TO ACKNOWLEDGE AND DECLARE ANY POTENTIAL CONFLICTS OF INTEREST DURING THEIR EMPLOYMENT WITH BE.GROUP BY COMPLETING THE "QUESTIONNAIRE REGARDING POLICY ON CONFLICT OF INTEREST AND DISCLOSURE OF CERTAIN INTERESTS". THIS POLICY IS ENFORCED AND MAINTAINED BY THE HUMAN RESOURCES DEPARTMENT OF THE BE.GROUP CORPORATE OFFICE. FORM 990, PART VI, SECTION B, LINE 15 RSHS DOES NOT DIRECTLY PAY THESE INDIVIDUALS, HOWEVER AS COMPENSATION IS PART OF THE MANAGEMENT FEES, RSHS IS ABLE TO RELY ON THE REASONABLENESS DUE TO BE.GROUP'S COMPENSATION POLICY BELOW: A. COMPENSATION FOR THE COMPANY'S CEO IS BASED ON COMPARABILITY DATA RECEIVED FROM AN INDEPENDENT CONSULTANT FAMILIAR WITH THE COMPENSATION PRACTICES OF SIMILAR COMPANIES IN THE NONPROFIT SENIOR HOUSING AND SERVICES INDUSTRY. ON AN ANNUAL BASIS, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS (IN ITS CAPACITY AS COMPENSATION COMMITTEE) REVIEWS AND DISCUSSES THE COMPENSATION DATA WITH THE CEO AND OTHERS AS DEEMED NECESSARY. WHEN SETTING COMPENSATION FOR 2013, THE BOARD OF DIRECTORS USED CURRENT COMPARABILITY DATA TO DETERMINE IF A SALARY INCREASE WAS NECESSARY FOR THE CEO AND SENIOR MANAGEMENT. BASED ON THOSE DISCUSSIONS, AND PURSUANT TO CALIFORNIA LAW, THE EXECUTIVE COMMITTEE MAKES A REPORT OF THE CEO BASE COMPENSATION TO THE FULL BOARD. B. BASE COMPENSATION FOR THE COMPANY'S SENIOR MANAGEMENT IS BASED ON COMPARABILITY DATA RECEIVED FROM AN INDEPENDENT CONSULTANT FAMILIAR WITH THE COMPENSATION PRACTICES OF SIMILAR COMPANIES IN THE NONPROFIT SENIOR HOUSING AND SERVICES INDUSTRY. WHEN SETTING COMPENSATION FOR 2013, THE BOARD OF DIRECTORS USED CURRENT COMPARABILITY DATA TO DETERMINE IF A SALARY INCREASE WAS NECESSARY FOR THE CEO AND SENIOR MANAGEMENT. PURSUANT TO CALIFORNIA LAW THE EXECUTIVE COMMITTEE MAKES A REPORT OF THE CEO BASE COMPENSATION TO THE FULL BOARD AND PROVIDES THE CEO WITH RECOMMENDED RANGES IN WHICH TO ADJUST THE BASE COMPENSATION FOR THE OTHER MEMBERS OF SENIOR MANAGEMENT. SEVEN OF EIGHT MEMBERS OF THE EXECUTIVE COMMITTEE AND FIFTEEN OF SIXTEEN VOTING MEMBERS OF THE BOARD MEMBERS OF THE BOARD, ARE INDEPENDENT PERSONS. CONTEMPORANEOUS SUMMARY MINUTES OF ALL EXECUTIVE COMMITTEE MEETINGS ARE MAINTAINED. IN ADDITION, BASED ON INPUT FROM INDEPENDENT CONSULTANTS, THE EXECUTIVE COMMITTEE, IN CONSULTATION WITH THE CEO, ESTABLISHES CRITERIA TO BE MET FOR PURPOSES OF ANY INCENTIVE COMPENSATION THAT MIGHT BE PAID OUT. SEE NOTE ON SCHEDULE J FOR MORE INFORMATION ABOUT INCENTIVE PAYMENTS. FORM 990, PART VI, SECTION C, LINE 19 OUR ORGANIZATION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC IN SEVERAL WAYS. THEY ARE AVAILABLE IN OUR ANNUAL FILING OF FORM 990 WHICH THE PUBLIC CAN ACCESS THROUGH THE INTERNET AT SUCH SITES AS GUIDESTAR.ORG AND FOUNDATION CENTER (HTTP://TFCNY.FDNCENTER.ORG/990S/990SEARCH/ESEARCH.PHP). ALSO, DUE TO THE TAX EXEMPT BONDS SOME OF OUR ENTITIES HAVE, OUR FINANCIAL STATEMENTS ARE AVAILABLE FROM OUR TAX EXEMPT BOND ISSUANCE DOCUMENTS ON EMMA. OUR ANNUAL REPORTS AND SEVERAL OTHER DOCUMENTS ARE AVAILABLE ON OUR COMPANY'S WEBSITE AT WWW.THEBEGROUP.ORG AS WELL AS OUR CONTACT INFORMATION, WHICH THE PUBLIC CAN USE TO OBTAIN OUR ADDRESS AND PHONE NUMBER TO MAKE THE REQUEST FOR ANY OF THIS INFORMATION BY TELEPHONE, MAIL, OR EMAIL. BE.GROUP AND ITS AFFILIATES DO NOT MAKE OUR GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC. FORM 990, PART IX, LINE 11G OTHER DEPARTMENT FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 1,837,633. MANAGEMENT AND GENERAL EXPENSES 154,122. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,991,755. FORM 990, PART XI, LINE 9: NET ASSETS RELEASED FROM RESTRICTIONS - PURCHASE OF EQUIPMENT 12,572. CURRENT YEAR TRANSFER OF NET ASSET 502. CODE 28 - PART VII THE NUMBER OF HOURS FOR CEO AND CFO REPRESENT TIME SPENT ON THIS ORGANIZATION AND ALL RELATED ORGANIZATIONS. FORM 990, CODE 23-PART XII LINE 2C THE BE.GROUP'S BOARD OF DIRECTORS HAS DELEGATED AN AUDIT COMMITTEE TO THE OVERSIGHT AND REVIEW OF THE AUDITED FINANCIAL STATEMENTS AND MAKE RECOMMENDATION TO ALL THE VOTING MEMBERS OF THE BOARD. DURING FISCAL YEAR 2013, THERE WERE NO CHANGES BY THE AUDIT COMMITTEE IN THEIR PROCESS OF REVIEWING THE AUDITED FINANCIAL STATEMENTS OR THEIR SELECTION OF THE INDEPENDENT AUDITORS VENICE SENIOR HOUSING CORP DBA ADDA AND PAUL SAFRAN SENIOR HOUSING 151 OCEAN FRONT WALK VENICE CA 90291 954607627 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 ANDRES DUARTE TERRACE 1730 HUNTINGTON DRIVE DUARTE CA 91010 300155895 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 CANTERBURY VILLAGE RETIREMENT CORP DBA CANTERBURY VILLAGE 23420 AVENIDA ROTELLA SANTA CLARITA CA 91355 953864198 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 CASA DE LA PALOMA 133 S KENWOOD STREET GLENDALE CA 91205 953276173 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 CASTLE ARGYLE 1919 N ARGYLE AVENUE LOS ANGELES CA 90068 954454256 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 CENTER FOR AGING RESOURCES 516 BURCHETT STREET GLENDALE CA 91203 330368618 INACTIVE CORPORATION CA 501(C)(3) PAGE 7 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 0 MOUNTAIN PARK TERRACE INC DBA CLARK TERRACE 2660 CLARK AVENUE NORCO CA 92860 954570416 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 SENIOR AFFORDABLE HOUSING CORP #2 DBA CLARK TERRACE II 2680 CLARK AVENUE NORCO CA 92860 311718833 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 COMMUNITY CARE FOR ADULTS 516 BURCHETT STREET GLENDALE CA 91203 330110895 INACTIVE CORPORATION CA 501(C)(3) PAGE 9 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 0 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 516 BURCHETT STREET GLENDALE CA 91203 951894293 CONTINUING CARE RETIREMENT COMMUNITY/HOME AND COMMUNITY-BASED SERVICES CA 501(C)(3) PAGE 9 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 0 SYCAMORE TERRACE INC DBA COVENANT MANOR 600 E FOURTH STREET LONG BEACH CA 90802 953248885 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 BANDERA SENIOR HOUSING CORP DBA GEORGE MCDONALD COURT 1800 E 92ND STREET LOS ANGELES CA 90002 311538768 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 GUADALUPE MANOR 17103 MAGNOLIA STREET FOUNTAIN VALLEY CA 92708 770066438 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 SENIOR AFFORDABLE HOUSING CORP #3 DBA HADLEY VILLAS 78-875 AVENUE 47 LA QUINTA CA 92253 300032287 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES DBA HOME CARE 516 BURCHETT STREET GLENDALE CA 91203 951894293 HOME AND COMMUNITY-BASED SERVICES CA 501(C)(3) PAGE 9 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 0 KIRKWOOD ASSISTED LIVING RESIDENCE (GLENDALE) 516 BURCHETT STREET GLENDALE CA 91203 330368620 ASSISTED LIVING RESIDENCE CA 501(C)(3) PAGE 9 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 0 KIRKWOOD ASSISTED LIVING RESIDENCE (ORANGE) 1525 EAST TAFT AVENUE ORANGE CA 92866 330605054 ASSISTED LIVING RESIDENCE CA 501(C)(3) PAGE 9 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 0 REDDING ASSISTED LIVING CORP DBA KIRKWOOD REDDING 395 HILLTOP DRIVE REDDING CA 96003 680385058 ASSISTED LIVING RESIDENCE CA 501(C)(3) PAGE 9 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 0 LC HOTCHKISS TERRACE 51 BARSTOW AVENUE CLOVIS CA 93612 300155895 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 LIL JACKSON SENIOR COMMUNITY 516 BURCHETT STREET GLENDALE CA 91203 412205339 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 HAMPTON SUPPORTIVE HOUSING INC DBA MABEL MESHACK WHITE MANOR 3260 BICKERS STREET DALLAS TX 75212 311663924 LOW INCOME SENIOR HOUSING TX 501(C)(3) PAGE 7 0 SENIOR AFFORDABLE HOUSING CORP #4 DBA MOUNTAIN VISTA 675 PEPPERTREE LANE REDDING CA 96003 300032292 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 REDDING MOUNTAIN VISTA II DBA MOUNTAIN VISTA II 385 HILLTOP DRIVE REDDING CA 96003 300239400 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 SENIOR AFFORDABLE HOUSING CORP #1 DBA OTTO GRUBER HOUSE 143 S ISABEL STREET GLENDALE CA 91205 311538772 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 7 0 PALMER AVENUE RETIREMENT CORP 516 BURCHETT STREET GLENDALE CA 91203 953864197 LOW INCOME SENIOR HOUSING CA 501(C)(3) PAGE 9 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 0 SOUTHERN CALIFORNIA PRESBYTERIAN HOMES 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