2014-05-12T11:49:26-05:00 2013-09-30 910189318 MOSS ADAMS LLP 101 SECOND STREET 9TH FLOOR SAN FRANCISCO CA 94105 990 2012-10-01 237085414 THE REDWOODS A COMMUNITY OF SENIORS REDW 4153832741 40 CAMINO ALTO MILL VALLEY CA 94941 ROGER PETERS 4153832741 2014-05-09 1 RENIE BURBANK P00159653 4159561500 2012 2015-11-30 17:44:51Z SUDHA PENNATHUR 40 CAMINO ALTO MILL VALLEY CA 94941 16662977 0 X WWWW.THEREDWOODS.ORG X 1972 CA THE REDWOODS IS A MULTI LEVEL RETIREMENT FACILITY PROVIDING AFFORDABLE HOUSING FOR ELDERS. 12 12 205 885 0 0 358875 881964 14916713 15228608 351716 479998 55406 69646 15682710 16660216 0 0 0 0 8596258 9059014 38538 52600 378105 5109512 5157269 13744308 14268883 1938402 2391333 21557342 23794288 4674533 4640686 16882809 19153602 X SEE SCHEDULE O 0 0 972914 4067177 INDEPENDENT LIVING APARTMENTS (ILA): THERE ARE 149 1-BEDROOM APARTMENTS WITH A FULL ELECTRIC KITCHEN, WIFI CAPABILITY, PHONE HOOK UP, PATIO OR BALCONY; 60 OF THESE ARE FOR RESIDENTS WHO QUALIFY FOR RENTAL SUPPORT THROUGH THE SECTION 8 PROGRAM OF THE U.S. DEPARTMENT OF HOUSING & URBANDEVELOPMENT. UTILITIES ARE INCLUDED AS WELL AS THE OPPORTUNITY TO PARTICIPATE IN MEAL PROGRAMS IN THE REDWOODS FULL-SERVICE DINING ROOM. RESIDENTS IN ILA HAVE ACCESS TO A FULL-TIME SOCIAL WORKER SEVEN DAYS A WEEK AND A FULL RANGE OF PROGRAMS AND ACTIVITIES AT NO ADDITIONAL COST. 1890642 6062363 ASSISTED LIVING - THE ASSISTED LIVING PROGRAM IS LICENSED UNDER THE ORGANIZATION'S RESIDENTIAL CARE FACILITY FOR THE ELDERLY (RCFE) LICENSE AND INCLUDES THE RESIDENTIAL LIVING APARTMENTS (RLA) AND THE PERSONALIZED CARE UNITS (PCU).RLA: THERE ARE 108 UNITS IN RLA. THEY INCLUDE: PRIVATE STUDIOS, STUDIOS WITH SNACK CENTER AND ONE-BEDROOM UNITS WITH SNACK CENTER. RESIDENCY IN RLA INCLUDES: 3 MEALS DAILY IN THE REDWOODS DINING ROOM, WEEKLY HOUSEKEEPING AND LINEN SERVICE. IN ADDITION, THERE IS WIFI ACCESS, AFULL TIME SOCIAL WORKER AND A STAFF NURSE AVAILABLE DURING THE DAY, SEVEN DAYS A WEEK. COMPREHENSIVE PROGRAMS AND ACTIVITIES ARE AVAILABLE AT NO ADDITIONAL COST.PCU: THERE ARE 26 PRIVATE AND SEMI PRIVATE ROOMS IN THIS LICENSED FACILITY FOR RESIDENTS REQUIRING 24 HOUR CARE. THREE MEALS ARE PROVIDED DAILY IN THE PCU DINING ROOM. HOUSEKEEPING, LINEN AND LAUNDRY SERVICES ARE ALSO PROVIDED. IN ADDITION TO THE PROGRAMS AND ACTIVITIESTHAT ARE AVAILABLE TO ALL REDWOODS RESIDENTS, PCU HAS ITS OWN ACTIVITIES COORDINATOR WHO CUSTOMIZES PROGRAMS TO THESE RESIDENTS WITH SPECIAL NEEDS. 4190904 5045787 HEALTH CARE (HCC): THE HEALTH CENTER HAS 54 BEDS IN PRIVATE AND SEMI PRIVATE ROOMS. IT IS A LICENSED, SKILLED NURSING FACILITY FOR RESIDENTS REQUIRING 24 HOUR NURSING CARE. THE CENTER PROVIDES THREE MEALS DAILY ALONG WITH DAILY HOUSEKEEPING, LINEN AND LAUNDRY SERVICE. AS INASSISTED LIVING, THERE IS AN ACTIVITIES COORDINATOR AND SOCIAL WORKER IN HCC WHO DESIGN PROGRAMS, SERVICES AND ACTIVITIES THAT ARE SPECIALLY SUITED TO THE NEEDS OF THESE RESIDENTS. MEDICAL AND MEDICARE ARE AVAILABLE TO QUALIFYING RESIDENTS. 5179337 53281 RESIDENT PROGRAMS, OPERATIONS, DINING SERVICES, ADMINISTRATION AND FUNDRAISING.OTHER PROGRAM ACCOMPLISHMENTS:AFTER SEVERAL YEARS OF STRATEGIC AND MASTER PLANNING, THE REDWOODS LAUNCHED A $32.8M MULTI-YEAR CAMPUS REVITALIZATION EFFORT IN 2013. THE REVITALIZATION PROJECT INCLUDES MODERNIZING ALL INDEPENDENT LIVING APARTMENTS, IMPROVING THE MAIN DINING ROOM AND KITCHEN, FRONT LOBBY AND PARKING, AND CONSTRUCTING A NEW WELLNESS CENTER AND CAFE. IN 2013, THE REDWOODS RAISED $28.2M FOR THE PROJECT THROUGH AN EXEMPT BOND ISSUE AND COMMITTED $2M FROM ITS RESERVE FUNDS. THE REMAINING $2.6M IS BEING RAISED THROUGH AN AMBITIOUS REVITALIZATION CAPITAL CAMPAIGN WITH DONATIONS COMING FROM RESIDENTS AND THEIR FAMILIES, FOUNDATIONS, CORPORATIONS AND COMMUNITY SUPPORTERS. AS OF THE DATE OF THIS FILING, $1.8M HAS BEEN RAISED TOWARD THE $2.6M GOAL. 5179337 53281 12233797 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 52 0 1 205 1 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X ALAN KERN 4153832741 40 CAMINO ALTO MILL VALLEY CA 94941 SUDHA PENNATHUR 3.00 X X 0 0 0 ANNE MONTGOMERY 3.00 X X 0 0 0 BOB HARMON 3.00 X X 0 0 0 BRUCE DORFMAN 3.00 X X 0 0 0 PATRICK LONDON 3.00 X X 0 0 0 FABIO AVERSA 2.00 X 0 0 0 BETSEY CUTLER 2.00 X 0 0 0 MARGARET HARRINGTON 2.00 X 0 0 0 HARRIET KOSTIC 2.00 X 0 0 0 JAYNE GREENBERG 2.00 X 0 0 0 ROGER PETERS 2.00 X 0 0 0 JOANNE SPOTSWOOD 2.00 X 0 0 0 FRED WHINERY 2.00 X 0 0 0 BARBARA SOLOMON 40.00 X 186471 0 9592 CYNTHIA NEUMANN 40.00 X 132438 0 9592 SUSAN BADGER 40.00 X 157418 0 9592 GLENN STEPP 40.00 X 104531 0 8013 RON BRUNO 40.00 X 128594 0 1728 BARBARA FEWER 40.00 X 103867 0 2139 813319 0 40656 6 0 1 0 BAR ARCHITECTS 543 HOWARD STREET SAN FRANCISCO CA 94105 ARCHITECTURAL SERVICES 1017236 SODEXO AMERICA 9801 WASHINGTON BOULEVARD SUITE 43 GAITHERSBURG VA 20878 DINING SVCS & FACILITY MGMT. 357100 D&S CONSTRUCTION PO BOX 935 PENNGROVE CA 94951 CONSTRUCTION SERVICES 306521 IMPAQ REHABILITATION SPECIALISTS INC 178 DENSLOWE DRIVE SAN FRANCISCO CA 94132 THERAPY SERVICES 235233 HIXSON & ASSOCIATES 389 BELLEVUE AVENUE OAKLAND CA 94610 PROJECT MANAGEMENT 194193 6 45510 51663 784791 881964 ASSISTED LIVING 623990 5704682 5704682 HEALTH CARE 623990 4788293 4788293 INDEPENDENT LIVING 623990 3785150 3785150 FEES 623990 950483 950483 15228608 363701 363701 104663 -11634 116297 116297 116297 42060 45510 13695 28365 28365 4595 700 3895 3895 MISCELLANEOUS 900099 23583 23583 BEAUTY SHOP 623990 12445 12445 PARTNERSHIP K-1 INCOME 900099 1358 1358 37386 16660216 15228608 0 549644 508038 169173 297346 41519 6763277 5892060 716920 154297 162418 153178 7380 1860 1097000 1007110 68540 21350 528281 448937 64783 14561 895205 895205 19325 18060 1265 50044 50044 52600 52600 22152 22152 477988 424357 40571 13060 93294 37105 34601 21588 406247 256134 124473 25640 113563 25440 84745 3378 657372 612031 35165 10176 2915 1154 1591 170 890 550 340 173218 173218 531141 520910 9562 669 155566 154595 971 OPERATING SUPPLIES 492141 490478 731 932 REPAIRS AND MAINTENANCE 280800 279902 898 QUALITY ASSURANCE FEE 247388 247388 RESIDENT SERVICES 107646 105174 2472 430374 339698 75636 15040 14268883 12233797 1656981 378105 40547 655664 3551900 3451435 304208 457400 480955 98790 113380 18995931 11221192 6616454 7774739 10548325 10818652 193047 150500 50879 44755 21557342 23794288 1323074 1557237 3221134 2939989 130325 143460 4674533 4640686 X 13401588 15016030 934733 1580896 2546488 2556676 16882809 19153602 21557342 23794288 X 2391333 -119182 -1358 X X 0 1 X 1 1 1 X 2697505 795112 349804 358875 881964 5083260 10289191 13556290 14245550 14916713 15228608 68236352 12986696 14351402 14595354 15275588 16110572 73319612 5427 17276 19618 78001 127314 247636 3596 6019 9615 5427 17276 23214 84020 127314 257251 73062361 100536 171488 294768 330805 363701 1261298 100536 171488 294768 330805 363701 1261298 18010 48334 26098 65987 84041 242470 13105242 14571224 14916220 15672380 16558314 74823380 0.97650 0.98030 0.01690 0.01540 X SCHEDULE A, PART II, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS BEAUTY SHOP K-1 INCOME SPECIAL EVENT REVENUES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3289154 10188 319070 81238 3537174 2935526 24116 430443 100931 3289154 3078330 180 -42194 100790 2935526 2535958 369245 281328 108201 3078330 2412599 1454 255240 133335 2535958 0.72000 0.28000 0 0 587687 587687 10772769 7996660 2776109 1011869 768066 243803 2629667 1925643 704024 3993939 530823 3463116 7774739 SECURITY DEPOSITS 143460 143460 X 16532118 -119182 199 14395 -104588 16636706 22152 1358 23510 16660216 14261325 199 14395 14594 14246731 22152 22152 14268883 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: THE RESIDENT ENDOWMENT SUPPORTS A RESIDENT RENTAL ASSISTANCE FUND; THE GENERAL ENDOWMENT SUPPORTS GENERAL OPERATIONS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION ADOPTED THE PROVISIONS OF THE FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") 740-10, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS AND PROVIDES GUIDANCE ON THE RECOGNITION, DE-RECOGNITION AND MEASUREMENT OF BENEFITS RELATED TO AN ENTITY'S UNCERTAIN TAX POSITION. THE ORGANIZATION HAS DETERMINED THAT ASC 740-10 DOES NOT HAVE A MATERIAL IMPACT ON ITS FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT AND GAMING EXPENSES 14,395. PART XI, LINE 4B - OTHER ADJUSTMENTS: INCOME FROM PARTNERSHIP K-1S 1,358. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT AND GAMING EXPENSES 14,395. X X X X X X 1 ESSEX & DRAKE 1202 UNIVERSITY AVE SAN JOSE CA 95126 CONSULTING SERVICES FOR CAPITAL CAMPAIGN 0 616283 52600 563683 616283 52600 563683 CA CRAB FEST 51330 22920 28410 5929 5480 LIVING LEGENDS 36240 22590 13650 2286 87570 45510 42060 5929 7766 13695 28365 4595 700 1 1.00000 4595 700 700 3895 CA 1 THE RAFFLE IS HELD AS PART OF THE CRABFEST. THE REDWOODS IS REGISTERED AND AUTHORIZED WITH THE STATE OF CALIFORNIA DEPARTMENT OF JUSTICE TO CONDUCT RAFFLES IN THE STATE OF CALIFORNIA. 0 0 0 0 0 X 1 1 X X X 0 0 0 0 0 0 0 0 0 BARBARA SOLOMON 181966 0 0 0 4505 0 1200 0 8392 0 196063 0 0 0 SUSAN BADGER 146218 0 0 0 11200 0 1200 0 8392 0 167010 0 0 0 PART I, LINE 1A EMPLOYEE RECOGNITION PROGRAM INCLUDES GIVING A GIFT CARD TO EMPLOYEES WHO REACH A FIVE YEAR ANNIVERSARY DATE IN ANY YEAR AND GIVING A GIFT CARD TO ALL EMPLOYEES AT CALENDAR YEAR END. VALUE OF GIFT CARDS ARE GROSSED-UP TO COVER EMPLOYEE OASDI/MEDICARE TAXES. ORGANIZATION MISSION STATEMENT FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: OUR MISSION IS TO MAINTAIN A CREATIVE, AFFORDABLE COMMUNITY THAT PROMOTES GOOD HEALTH, WELLBEING AND SECURITY FOR A DIVERSE GROUP OF ELDERS. THE REDWOODS IS A NOT-FOR-PROFIT FACILITY FOR RESIDENTS AS WELL AS THE BROADER COMMUNITY AND PROVIDES WAYS FOR THEM TO THRIVE AS THEY AGE. WE ARE COMMITTED TO PROVIDING THE HIGHEST LEVEL OF PROGRAMS AND SERVICES TO LOW AND MODERATE INCOME ELDERS. AT THE REDWOODS AND BEYOND, WE WORK TO TRANSFORM ATTITUDES AND PRACTICES SO THAT AGING IS RECOGNIZED AS A VIBRANT PHASE OF RENEWAL, DISCOVERY, SERVICE AND CHOICE. FORM 990, PART VI, SECTION A, LINE 7A ACCORDING TO THE BY-LAWS OF THE REDWOODS, A COMMUNITY OF SENIORS, AS LONG AS THE COMMUNITY CHURCH OF MILL VALLEY EXISTS AND FUNCTIONS AS A CHURCH, INDIVIDUALS NOMINATED TO SERVE AS DIRECTORS ON THE BOARD OF THE REDWOODS, A COMMUNITY OF SENIORS MUST HAVE THE APPROVAL OF THE BOARD OF THE COMMUNITY CHURCH OF MILL VALLEY. FORM 990, PART VI, SECTION A, LINE 7B THE DECISIONS RELATED TO THE ELECTION OF BOARD MEMBERS OF THE REDWOODS, A COMMUNITY OF SENIORS MUST BE APPROVED BY THE BOARD OF THE COMMUNITY CHURCH OF MILL VALLEY. FORM 990, PART VI, SECTION B, LINE 11 THE TAXPAYER'S ACCOUNTING FIRM FORWARDED THE DRAFT FORM 990 TO THE CHIEF FINANCIAL OFFICER. THE CHIEF FINANCIAL OFFICER REVIEWED THE DRAFT FORM 990 WITH THE CHIEF EXECUTIVE OFFICER, BOARD TREASURER AND FINANCE COMMITTEE. THE FINAL FORM 990 RETURN WAS FORWARDED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW PRIOR TO FILING. BOARD MEMBERS WERE ENCOURAGED TO REVIEW THE FORM 990 AND TO FORWARD ANY QUESTIONS TO THE CHIEF FINANCIAL OFFICER PRIOR TO THE BOARD MEETING AT WHICH THE REVIEW WAS SCHEDULED. THE CHIEF FINANCIAL OFFICER, CHIEF EXECUTIVE OFFICER, BOARD TREASURER OR ACCOUNTING FIRM ADDRESSED ANY QUESTIONS FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE CFO DISTRIBUTES CONFLICT OF INTEREST POLICY/STATEMENTS IN JANUARY OF EACH YEAR TO ALL BOARD AND COMMITTEE MEMBERS AND TO ANY BOARD/COMMITTEE APPOINTEES THAT OCCUR DURING THE YEAR. CFO TRACKS RECEIPT AND REVIEWS WHEN RECEIVED. CFO NOTIFIES APPROPRIATE BOARD/STAFF MEMBERS OF ANY CONFLICTS OF INTEREST DISCLOSED. FORM 990, PART VI, SECTION B, LINE 15 DIRECTOR OF HUMAN RESOURCES ESTABLISHES APPROPRIATE SALARY RANGE FOR ALL NON-UNION POSITIONS IN CONSULTATION WITH HIRING MANAGER AND WITHIN THE CONTEXT OF COMPARABILITY ANALYSIS WITH RELEVANT POSITIONS WITH OTHER NOT-FOR-PROFIT AND FOR PROFIT ORGANIZATIONS AND THE APPROVED OPERATING BUDGET. DIRECTOR OF HUMAN RESOURCES COMPLETES COMPARABILITY STUDY FOR CEO, COO, CFO, DIRECTOR OF HR, DIRECTOR OF FUND DEVELOPMENT AND DIRECTOR OF NURSING POSITIONS ANNUALLY. THE STUDY IS REVIEWED WITH THE BOARD OF DIRECTORS IN SEPTEMBER OF EACH YEAR. FORM 990, PART VI, SECTION C, LINE 19 SUMMARIZED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AND UPON REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: INCOME FROM PARTNERSHIP K-1S -1,358. AUDIT COMMITTEE AND OVERSIGHT FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THIS PROCESS FROM PRIOR YEAR.