2012-08-14T17:22:49-07:00 2011-09-30 RK Taylor & Associates 2890 North Main St Suite 305 Walnut Creek CA 94597 990 2010-10-01 200566413 Las Ventanas Retirement Community LASV 7023602662 c/o 3120 Stoneridge Mall Rd3rd Fl Pleasanton CA 94588 Pamela S Claassen 2012-08-14 John M Kikuchi 9259447666 2010 2016-02-24 21:20:13Z June Connelly 18185451 false false X www.lasventanasretirement.com X 2004 CA To provide quality residential housing for senior citizens along with personal services, assisted living and nursing services. 8 8 187 0 0 16549955 18172365 90855 13086 0 16640810 18185451 0 0 6857578 7229098 0 0 16789245 16397151 23646823 23626249 -7006013 -5440798 86122826 81459611 129955506 130733089 -43832680 -49273478 To provide quality residential housing for senior citizens along with personal services, assisted living and nursing services. false false 22201875 Nursing and retirement facility with services ranging from individual retirement living to 24-hour skilled nursing care. 22201875 true false false false false false false false false false true false false true true false true true false false false false false false false false false false false true true true false false false false false false false false false false false false false false true false false false false true 25 0 true 187 false false false false false false false false false false false false 0 false false false false false false false false false false false X 8 8 false true false false true true true true true false false false true true true true true true true false false false CA X X Pamela Claassen 9259247117 6120 Stoneridge Mall Rd Pleasanton CA 94588 Tom Haynie 2.00 X 0 0 0 Ruby Warthan 2.00 X 0 0 0 Randy Ecklund 2.00 X 0 0 0 Pamela S Claassen 2.00 X 0 389329 86744 Mike Murphy 2.00 X 0 0 0 Max Spilka 2.00 X 0 0 0 June Connelly 40.00 X 155608 0 14814 David Dahan 2.00 X 0 0 0 David B Ferguson 2.00 X 0 692188 193241 Christopher A Vito 2.00 X 0 0 0 Ann Lynch 2.00 X 0 0 0 155608 1081517 294799 1 false true false 0 0 Resident Services 16023663 16023663 Amortization of fees 2148702 2148702 18172365 7222 7222 0 0 0 5864 5864 5864 5864 0 0 0 0 18185451 18172365 13086 0 0 0 0 0 0 6011450 5740738 270712 0 526816 438740 88076 690832 659722 31110 0 118251 87415 30836 66386 30686 35700 0 0 0 709194 239700 469494 764002 760917 3085 109321 85678 23643 0 0 1427245 1410280 16965 168261 151742 16519 0 0 4240058 4240058 0 4213355 4213355 83201 83201 Supplies 1087359 1070271 17088 Service Contracts 453833 407467 46366 Purchased services 249461 80461 169000 Other 1029640 823860 205780 Nursing ANS 1677584 1677584 0 23626249 22201875 1424374 0 3461535 1516719 5531331 5756746 0 945262 769820 0 0 0 15576 11511 337948 279475 82823421 13944131 70897119 68879290 0 0 0 0 4934055 4246050 86122826 81459611 10144944 13199713 40251959 39407983 57762306 57794814 13277004 10841450 8519293 9489129 129955506 130733089 X -43832680 -49273478 -43832680 -49273478 86122826 81459611 -5440798 X false true true X false false X 0 7823495 12988791 16670281 16503789 18172365 72158721 0 0 0 7823495 12988791 16670281 16503789 18172365 72158721 0 9177 9177 9177 9177 72149544 582198 293090 167486 90855 13086 1146715 0 582198 293090 167486 90855 13086 1146715 0 156317 46169 202486 8405693 13281881 16994084 16640813 18185451 73507922 0.98150 0.95580 0.01560 0.03180 X 81259058 12929993 68329065 792542 522772 269770 771821 491366 280455 68879290 Deferred Financing Costs - Net 3109706 Contract Acquisition Costs - Net 1136344 4246050 Tenant Deposits 175064 Deferred Rent 9314065 9489129 18185451 23626249 -5440798 -5440798 18185451 18185451 18185451 23626249 23626249 23626249 X X X X false true false false false false false false false false Pamela S Claassen 292158 95140 2031 72080 14664 476073 95140 June Connelly 120275 26147 9186 14814 170422 David B Ferguson 463185 194363 34640 175669 17572 885429 194363 Director of the St of NV Dept of Bus & Industry 25457VBH8 2004-12-29 19005401 Construction of Facility false false false Director of the St of NV Dept of Bus & Industry 25457VBK1 2004-12-29 39380000 Construction of Facility false false false 2525000 19039583 941009 308320 1842739 15947515 2004 false false true true 40442201 930150 3940577 640000 5757761 29173712 2006 false false true true false false false false true false false false false true false false false false false true false false false false true false Part II, Line 3 - The total proceeds do not agree to the issue price in Part I, Column (e) due to investment earnings. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The governing documents and financial statements are available for inspection upon request. Form 990, Part VI, Line 12c Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts Every year, ABHOW Directors and Officers are asked to complete a Conflict of Interest disclosure along with a Statement of Commitment. These documents are aimed at informing ABHOW and its affiliated entities of any conflicts that that should be revealed.Duty to Disclose. In connection with any actual or possible conflict of interest, directors and officers must disclose the existence of the Financial Interest and be given the opportunity to disclose all material facts to the directors and members of committees with governing Board delegated powers considering the proposed transaction or arrangement. Determining Whether a Conflict of Interest Exists. After disclosure of the Financial Interest and all material facts, and after any discussion with the Interested Person, he/she shall leave the Board or committee meeting while the determination of a conflict of interest is discussed and voted upon. The remaining Board or committee members shall decide if a conflict of interest exists. Procedures for Addressing the Conflict of Interest a. An Interested Person may make a presentation at the governing Board or committee meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement that results in the conflict of interest. b. The chair of the governing Board or committee shall, if appropriate, appoint a disinterested Person or committee to investigate alternatives to the proposed transaction or arrangement. c. After exercising due diligence, the Board or committee shall determine whether ABHOW can obtain a more advantageous transaction or arrangement with reasonable efforts from a person or entity that would not give rise to a conflict of interest. d. If a more advantageous transaction or arrangement is not reasonably attainable under circumstances that would not give rise to a conflict of interest, the Board or committee shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in ABHOW's best interest and for its own benefit and whether it is fair and reasonable to ABHOW and shall make its decision as the whether to enter into the transaction or arrangement in conformity with such determination.4. Violations of the Conflicts of Interest Policy a. If the Board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose. b. If, after hearing the response of the member and making such further investigation as may be warranted in the circumstances, the Board or committee determines that the member has in fact failed to disclose an actual or possible conflict of interest, it shall take appropriate disciplinary and corrective action. Form 990, Part VI, Line 11 Form 990, Part VI, Line 11: Form 990 Review Process The Form 990 is reviewed by the CFO and furnished to the Board of Directors prior to filing. Form 990, Part VI, Line 7a Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body As the sole member of Las Ventanas Retirement Community, Cornerstone Affiliates exercises its direction and control through the appointment of the Board of Directors. Form 990, Part VI, Line 6 Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder Cornerstone Affiliates is a California nonprofit public benefit corporation exempt under IRC 501(c)(3) and is the sole member of Las Ventanas Retirement Community. Form 990, Part VI, Line 3 Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company Effective Janaury 1, 2010, American Baptist Homes of the West, a related entity exempt under IRC 501(c)(3), has been providing management services to Las Ventanas Retirement Community. The Terraces Retirement Community 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 860176446 CCRC Future Development CA 501(c)(3) 509(a)(2) Cornerstone Affiliates false Terraces at San Joaquin Gardens 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 260650298 CCRC Future Development CA 501(c)(3) 509(a)(2) Cornerstone Affiliates false Pasadena Retirement Community 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 263792336 CCRC Future Development CA 501(c)(3) 509(a)(2) Cornerstone Affiliates false Salishan Senior Housing 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 900504991 Affordable Housing WA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Boise Retirement Community 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 203659420 Continuing care retirement community CA 501(c)(3) 509(a)(2) Cornerstone false Good Shepherd Senior Housing 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 262704795 Affordable Housing WA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Judson Terrace Lodge 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 770389124 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false American Baptist Estates 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 860176446 Continuing care retirement community AZ 501(c)(3) 509(a)(2) Cornerstone false Cornerstone Affiliates 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 300184304 Parent Organization CA 501(c)(3) 509(a)(3) N/A false San Leandro Senior Housing Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 912158413 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Oak Knolls Haven 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 953497055 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Tahoe Senior Plaza Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 943292737 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Carmel Senior Housing Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 943085296 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Redlands Senior Housing II 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 311539936 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Hillcrest Senior Housing Corp 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 760801395 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Harborview Properties Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 916086253 Affordable Housing WA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Redlands Senior Housing 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 942902763 Affordable Housing CA 501(c)(3) 509(a)(2) American Baptist Homes of the West false American Baptist Homes of Washington 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 911659735 Continuing care retirement community WA 501(c)(3) 509(a)(2) American Baptist Homes of the West false Baptist Senior Adult Ministries 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 530204679 Support of benevolence needs of residents DC 501(c)(3) 509(a)(1) American Baptist Homes of the West false American Baptist Properties 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 311558961 Property Holding Company CA 501(c)(3) 509(a)(3) American Baptist Homes of the West false American Baptist Homes Fdn of the West 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 237039408 Support of nonprofit residential communities CA 501(c)(3) 509(a)(3) American Baptist Homes of the West false American Baptist Homes of the West 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 941225374 Nonprofit residential communities CA 501(c)(3) 509(a)(2) Cornerstone false Richland Senior Housing 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 271142121 WA N/A false false Pacific Meadows Senior Housing 6120 Stoneridge Mall Road 3rd Fl Pleasanton CA 94588 271254418 Housing CA Carmel SH false false Tahoe Senior Plaza II 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 Housing CA Carmel SH false false Valley Vista Senior Housing 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 Housing CA Carmel SH false false Seniority Properties 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 263257075 Management CA Cornerstone Affil C Corp 1.00000 Seniority Inc 6120 Stoneridge Mall Rd 3rd Fl Pleasanton CA 94588 943287180 Management CA ABHOW C Corp 1.00000 false false false false false false false false false false false true false false false false false false