HOLLENBECK PALMS: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: HOLLENBECK PALMS (EIN 71-0876594)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-11-15
IRS object ID: 201233209349303668
Schema version: 2011v1.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule J
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-11-15T11:11:40-06:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Field	Value	IRS element (for citing)
EIN	952242818	EIN

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VICENTI LLOYD & STUTZMAN LLP	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2210 E ROUTE 66 SUITE 100	AddressLine1
City	GLENDORA	City
State	CA	State
ZIP Code	91740	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	710876594	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	HOLLENBECK PALMS	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	HOLL	NameControl
Phone	3232636195	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	573 SOUTH BOYLE AVENUE	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90033	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	JOHNNY YOUNG	Name
Title	CONTROLLER	Title
Phone	3232636195	Phone
Date Signed	2012-11-13	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	TIMOTHY D EVANS CPA	Name
PTIN	P00050546	PTIN
Phone	6268577300	Phone

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	JOHNNY YOUNG	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	573 SOUTH BOYLE AVENUE	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90033	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	21187098	GrossReceipts
Group Return For Affiliates	0	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	WWW.HOLLENBECKPALMS.COM	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2001	YearFormation
State Legal Domicile	CA	StateLegalDomicile
Activity Or Mission Description	HOLLENBECK PALMS IS COMMITTED TO PROVIDING A RESIDENCE FOR THOSE IN THE LATER YEARS OF THEIR LIVES THAT ENCOMPASSES A HEALTHY ENVIRONMENT OF COMFORT, SAFETY, AND ENJOYMENT; THAT ATTENDS TO THEIR PHYSICAL, MENTAL, AND SPIRTUAL NEEDS; AND THAT IS QUICK TO RESPOND TO AND ASSIST IN THOSE NEEDS WHETHER IMMEDIATE OR LONG TERM, AND TO DO SO WITH GREAT COMPASSION, HONESTY, DIGNITY, AND GENUINE LOVE.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	6	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	6	NbrIndependentVotingMembers
Total Nbr Employees	208	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	553614	ContributionsGrantsPriorYear
Contributions Grants Current Year	80559	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	14872593	ProgramServiceRevenuePriorYear
Program Service Revenue CY	16010627	ProgramServiceRevenueCY
Investment Income Prior Year	1084087	InvestmentIncomePriorYear
Investment Income Current Year	1642529	InvestmentIncomeCurrentYear
Other Revenue Prior Year	190090	OtherRevenuePriorYear
Other Revenue Current Year	308101	OtherRevenueCurrentYear
Total Revenue Prior Year	16700384	TotalRevenuePriorYear
Total Revenue Current Year	18041816	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	7497938	SalariesEtcPriorYear
Salaries Etc Current Year	7885889	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	0	TotalFundrsngExpCurrentYear
Other Expense Prior Year	8147393	OtherExpensePriorYear
Other Expenses Current Year	8243071	OtherExpensesCurrentYear
Total Expenses Prior Year	15645331	TotalExpensesPriorYear
Total Expenses Current Year	16128960	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	1055053	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	1912856	RevenuesLessExpensesCY
Total Assets BOY	76051591	TotalAssetsBOY
Total Assets EOY	75356168	TotalAssetsEOY
Total Liabilities BOY	43045968	TotalLiabilitiesBOY
Total Liabilities EOY	41723708	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	33005623	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	33632460	NetAssetsOrFundBalancesEOY
Mission Description	NONE	MissionDescription
Significant New Program Services	0	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	10012142	Expense
Revenue	16318728	Revenue
Description	HOLLENBECK PALMS PROVIDES CARE FOR THE AGING, INCLUDING RESIDENTIAL AND SKILLED NURSING CARE LIVING ARRANGEMENTS FOR THEIR MEMBERS.	Description
Total Program Service Expense	10012142	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
Subject To Proxy Tax	0	SubjectToProxyTax
Donor Advised Funds	0	DonorAdvisedFunds
Conservation Easements	0	ConservationEasements
Collections Of Art	0	CollectionsOfArt
Credit Counseling	0	CreditCounseling
Term Or Permanent Endowments	0	TermOrPermanentEndowments
Report Land Bldg Equip	1	ReportLandBldgEquip
Report Invest Oth Securities	0	ReportInvestOthSecurities
Report Prog Rel Invest	0	ReportProgRelInvest
Report Other Assets	0	ReportOtherAssets
Report Other Liabilities	1	ReportOtherLiabilities
Report Fin48 Footnote	1	ReportFin48Footnote
Independent Audit Financial Stmt	1	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	0	ConsolidatedAuditFinancialStmt
School	0	School
Foreign Office	0	ForeignOffice
Foreign Activities	0	ForeignActivities
More Than5000 K To Organizations	0	MoreThan5000KToOrganizations
More Than5000 K To Individuals	0	MoreThan5000KToIndividuals
Professional Fundraising	0	ProfessionalFundraising
Fundraising Activities	0	FundraisingActivities
Gaming	0	Gaming
Hospital	0	Hospital
Grants To Organizations	0	GrantsToOrganizations
Grants To Individuals	0	GrantsToIndividuals
Schedule J Required	1	ScheduleJRequired
Tax Exempt Bonds	1	TaxExemptBonds
Invest Tax Exempt Bonds	0	InvestTaxExemptBonds
Escrow Account	0	EscrowAccount
On Behalf Of Issuer	0	OnBehalfOfIssuer
Excess Benefit Transaction	0	ExcessBenefitTransaction
Prior Excess Benefit Transaction	0	PriorExcessBenefitTransaction
Loan To Officer Or DQP	0	LoanToOfficerOrDQP
Grant To Related Person	0	GrantToRelatedPerson
Bsnss Rltnshp With Organization	0	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	0	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	0	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	0	DeductibleNonCashContributions
Deductible Contributions Of Art	0	DeductibleContributionsOfArt
Terminated	0	Terminated
Partial Liquidation	0	PartialLiquidation
Disregarded Entity	0	DisregardedEntity
Related Entity	0	RelatedEntity
Related Org Controlled Entity	0	RelatedOrgControlledEntity
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	32	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	208	NumberOfEmployees
Employment Tax Returns Filed	1	EmploymentTaxReturnsFiled
Unrelated Business Income	0	UnrelatedBusinessIncome
Foreign Financial Account	0	ForeignFinancialAccount
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTrans
Taxable Party Notification	0	TaxablePartyNotification
Non Deductible Contributions	0	NonDeductibleContributions
Quid Pro Quo Contributions	0	QuidProQuoContributions
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOf
Indoor Tanning Services	0	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	6	NbrVotingGoverningBodyMembers
Number Independent Voting Members	6	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	ChangesToOrganizingDocs
Material Diversion Or Misuse	0	MaterialDiversionOrMisuse
Members Or Stockholders	0	MembersOrStockholders
Election Of Board Members	0	ElectionOfBoardMembers
Decisions Subject To Approval	0	DecisionsSubjectToApproval
Minutes Of Governing Body	1	MinutesOfGoverningBody
Minutes Of Committees	1	MinutesOfCommittees
Officer Mailing Address	0	OfficerMailingAddress
Local Chapters	0	LocalChapters
Form990 Provided To Governing Body	0	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	1	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	1	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	1	RegularMonitoringEnforcement
Whistleblower Policy	1	WhistleblowerPolicy
Document Retention Policy	1	DocumentRetentionPolicy
Compensation Process CEO	1	CompensationProcessCEO
Compensation Process Other	1	CompensationProcessOther
Investment In Joint Venture	0	InvestmentInJointVenture
States Where Copy Of Return Is Filed	CA	StatesWhereCopyOfReturnIsFiled
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Name Business NameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	JOHNNY YOUNG	BusinessNameLine1

Field	Value	IRS element (for citing)
Telephone Number	3232636195	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	573 SOUTH BOYLE AVENUE	AddressLine1
City	LOS ANGELES	City
State	CA	State
ZIP Code	90033	ZIPCode

Form990 Part VII Section A Form990PartVIISectionA (13 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation	OfficerOfficer	Highest Compensated EmployeeHighestCompensatedEmployee
DAVID ADAMS
BOARD CHAIR	1.00	X	0	0	0
PHIL SWAN
BOARD MEMBER	1.00	X	0	0	0
CAROL A JOHNSTON
BOARD MEMBER	1.00	X	0	0	0
CHARLENE LEIBAU
BOARD MEMBER	1.00	X	0	0	0
CASEY ADAMS
BOARD MEMBER	1.00	X	0	0	0
TRACY HIRREL
BOARD MEMBER	1.00	X	0	0	0
WILLIAM HEIDEMAN
PRESIDENT/CEO	40.00		183732	0	57369	X
MORRIS SHOCKLEY
CFO	40.00		130010	0	40515	X
JOHNNY YOUNG
CONTROLLER	40.00		93758	0	26757	X
RAY SHIVELY
CHIEF ENGINEER	40.00		151515	0	31705		X
CAMILLE GOLDSMITH
DIRECTOR OF NURSING	40.00		143257	0	31003		X
JOHN M SHIVELY
ENGINEER	40.00		110738	0	25296		X
PEGGY L HEIDEMAN
ADMISSIONS DIRECTOR	40.00		107846	0	38566		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	920856	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	251211	TotalOtherCompensation
Number Individuals GT100 K	6	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources

Contractor Compensation ContractorCompensation (5 entries)

Address Line1AddressOfContractor/AddressUS/AddressLine1	CityAddressOfContractor/AddressUS/City	StateAddressOfContractor/AddressUS/State	ZIP CodeAddressOfContractor/AddressUS/ZIPCode	Description Of ServicesDescriptionOfServices	CompensationCompensation
SODEXHO SERVICES
DEPT 48283	LOS ANGELES	CA	90088	FOOD SERVICES	1101915
TEAM REHAB INC
6531 SILENT HARBOR DR	HUNTINGTON BEACH	CA	92867	THERAPY	647339
DJMB SERVICES
3475 BARHITE STREET	PASADENA	CA	91107	HOUSEKEEPING	515217
SKILLED NURSING PHARMACY
16666 E JOHNSON DRIVE	CITY OF INDUSTRY	CA	91745	PHARMACY	476144
CREATIVE LANDSCAPE & MAINT
14877 SHETLAND LN	FONTANA	CA	92336	LANDSCAPING	149479

Field	Value	IRS element (for citing)
Number Of Contractors GT100 K	6	NumberOfContractorsGT100K
All Other Contributions	80559	AllOtherContributions
Total Contributions	80559	TotalContributions

Program Service Revenue ProgramServiceRevenue (2 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
SNF & RESIDENTIAL CARE	623990	11227465	11227465
MEDICARE/MEDICAID PAYM	623990	4783162	4783162

Field	Value	IRS element (for citing)
Total Program Service Revenue	16010627	TotalProgramServiceRevenue

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	949660	TotalRevenueColumn
Exclusion	$949,660	ExclusionAmount

Gross Amount Sales Assets GrossAmountSalesAssets

Field	Value	IRS element (for citing)
Securities	3838151	Securities

Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses

Field	Value	IRS element (for citing)
Securities	3145282	Securities

Gain Or Loss GainOrLoss

Field	Value	IRS element (for citing)
Securities	692869	Securities

Net Gain Or Loss Investments NetGainOrLossInvestments

Field	Value	IRS element (for citing)
Total Revenue Column	692869	TotalRevenueColumn
Exclusion	$692,869	ExclusionAmount

Other Revenue Misc OtherRevenueMisc (3 entries)

DescriptionDescription	Business CodeBusinessCode	Total Revenue ColumnTotalRevenueColumn	Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome
ROYALTIES	900099	175394	175394
BEAUTY/BARBER SHOP	900099	61559	61559
GUEST MEAL/ICE CREAM	900099	27683	27683

Miscellaneous Revenue MiscellaneousRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	43465	TotalRevenueColumn
Related Or Exempt Function Income	43465	RelatedOrExemptFunctionIncome

Field	Value	IRS element (for citing)
Total Other Revenue	308101	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	18041816	TotalRevenueColumn
Related Or Exempt Function Income	16318728	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$1,642,529	ExclusionAmount

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	X	InfoInScheduleOPartIX

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	532141	Total
Management And General	532141	ManagementAndGeneral

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	5361424	Total
Program Services	4704542	ProgramServices
Management And General	656882	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	1992324	Total
Program Services	1726379	ProgramServices
Management And General	265945	ManagementAndGeneral

Fees For Services Legal FeesForServicesLegal

Field	Value	IRS element (for citing)
Total	59622	Total
Management And General	59622	ManagementAndGeneral

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	108237	Total
Management And General	108237	ManagementAndGeneral

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	185671	Total
Program Services	72179	ProgramServices
Management And General	113492	ManagementAndGeneral

Advertising Advertising

Field	Value	IRS element (for citing)
Total	111346	Total
Management And General	111346	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	814825	Total
Program Services	673370	ProgramServices
Management And General	141455	ManagementAndGeneral

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	592254	Total
Management And General	592254	ManagementAndGeneral

Travel Travel

Field	Value	IRS element (for citing)
Total	3278	Total
Management And General	3278	ManagementAndGeneral

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	12692	Total
Program Services	7750	ProgramServices
Management And General	4942	ManagementAndGeneral

Interest Interest

Field	Value	IRS element (for citing)
Total	274943	Total
Management And General	274943	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	1163498	Total
Management And General	1163498	ManagementAndGeneral

Insurance Insurance

Field	Value	IRS element (for citing)
Total	242603	Total
Management And General	242603	ManagementAndGeneral

Other Expenses OtherExpenses (4 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral
OTHER MEDICAL & MEDICAR	1021610	1021610
PURCHASED SERVICES	801652	801652
FOOD EXPENSES	682163	682163
SERVICES	391264	132581	258683

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	1777413	Total
Program Services	189916	ProgramServices
Management And General	1587497	ManagementAndGeneral

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	16128960	Total
Program Services	10012142	ProgramServices
Management And General	6116818	ManagementAndGeneral
Fundraising	0	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	4279607	BOY
EOY	4109009	EOY

Savings And Temp Cash Investments SavingsAndTempCashInvestments

Field	Value	IRS element (for citing)
BOY	1194086	BOY
EOY	556732	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	442884	BOY
EOY	0	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	1893618	BOY
EOY	1791704	EOY

Inventories For Sale Or Use InventoriesForSaleOrUse

Field	Value	IRS element (for citing)
BOY	157557	BOY
EOY	170415	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	187625	BOY
EOY	215653	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	45261713	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	17152587	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	28771991	BOY
EOY	28109126	EOY

Investments Pub Traded Securities InvestmentsPubTradedSecurities

Field	Value	IRS element (for citing)
BOY	35189625	BOY
EOY	37095275	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	3934598	BOY
EOY	3308254	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	76051591	BOY
EOY	75356168	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	3004085	BOY
EOY	3794988	EOY

Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp

Field	Value	IRS element (for citing)
BOY	24055000	BOY
EOY	23540000	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	15986883	BOY
EOY	14388720	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	43045968	BOY
EOY	41723708	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	31444403	BOY
EOY	32034985	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	787897	BOY
EOY	824152	EOY

Permanently Restricted Net Assets PermanentlyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	773323	BOY
EOY	773323	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	33005623	BOY
EOY	33632460	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	76051591	BOY
EOY	75356168	EOY

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	X	InfoInScheduleOPartXI
Reconcilation Revenue Expenses	1912856	ReconcilationRevenueExpenses
Reconcilation Other Changes	-1286019	ReconcilationOtherChanges
Info In Schedule O Part XII	X	InfoInScheduleOPartXII
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	0	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	464103	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	389590	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	192962	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	553614	CurrentTaxYearMinus1Year
Current Tax Year	80559	CurrentTaxYear
Total	1680828	Total

Gross Receipts From Admissions GrossReceiptsFromAdmissions

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	11504841	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11279803	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	13224245	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	14872593	CurrentTaxYearMinus1Year
Current Tax Year	16010627	CurrentTaxYear
Total	66892109	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	11968944	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	11669393	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	13417207	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	15426207	CurrentTaxYearMinus1Year
Current Tax Year	16091186	CurrentTaxYear
Total	68572937	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Total	0	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Total	0	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Total509	68572937	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1985563	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1006691	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	911599	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	941580	CurrentTaxYearMinus1Year
Current Tax Year	949652	CurrentTaxYear
Total	5795085	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	1985563	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1006691	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	911599	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	941580	CurrentTaxYearMinus1Year
Current Tax Year	949652	CurrentTaxYear
Total	5795085	Total

Other Income509 OtherIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	180726	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	198408	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	149207	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	190090	CurrentTaxYearMinus1Year
Current Tax Year	308101	CurrentTaxYear
Total	1026532	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	14135233	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	12874492	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	14478013	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	16557877	CurrentTaxYearMinus1Year
Current Tax Year	17348939	CurrentTaxYear
Total	75394554	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.90950	PublicSupportPercentage509
Prior Year Support Percentage	0.89950	PriorYearSupportPercentage
Investment Income Percentage	0.07690	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.08870	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule D IRS990ScheduleD

Land Land

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	28092	OtherCostOrOtherBasis
Book Value	28092	BookValue

Buildings Buildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	39756637	OtherCostOrOtherBasis
Depreciation	13593449	Depreciation
Book Value	26163188	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	263938	OtherCostOrOtherBasis
Depreciation	193026	Depreciation
Book Value	70912	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	5213046	OtherCostOrOtherBasis
Depreciation	3366112	Depreciation
Book Value	1846934	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	28109126	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities (2 entries)

DescriptionDescription	AmountAmount
DEFERRED REVENUE FROM ACCOMODATION FEES	$4,000,277
ASSIGNED ASSETS	$10,388,443

Field	Value	IRS element (for citing)
Total Of Amounts	14388720	TotalOfAmounts
Total Revenue	18041816	TotalRevenue
Total Expenses	16128960	TotalExpenses
Excess Or Deficit For Year	1912856	ExcessOrDeficitForYear
Other	-$1,286,019	OtherAmount
Total Adjustments	-1286019	TotalAdjustments
Excess Or Deficit Per FS	626837	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	16755797	TotRevenueEtcAuditedFinclStmt
Other Revenues	-1286019	OtherRevenues
Revenue Not Rptd F990	-1286019	RevenueNotRptdF990
Revenue Subtotal	18041816	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	18041816	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	16128960	TotExpensesEtcAuditedFinclStmt
Expenses Not Rptd F990	0	ExpensesNotRptdF990
Expenses Subtotal	16128960	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	16128960	TotalExpensesPerForm990

Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48:	PART X:	THE PALMS HAS EVALUATED ITS TAX POSITIONS AND THE CERTAINTY AS TO WHETHER THOSE POSITIONS WILL BE SUSTAINED IN THE EVENT OF AN AUDIT BY TAXING AUTHORITIES AT THE FEDERAL AND STATE LEVELS. THE PRIMARY TAX POSITIONS EVALUATED ARE RELATED TO THE PALMS CONTINUED QUALIFICATION AS A TAX-EXEMPT ORGANIZATION AND WHETHER THERE IS UNRELATED BUSINESS INCOME ACTIVITIES CONDUCTED THAT WOULD BE TAXABLE. MANAGEMENT HAS DETERMINED THAT ALL INCOME TAX POSITIONS ARE MORE LIKELY THAN NOT (>50%) OF BEING SUSTAINED UPON POTENTIAL AUDIT OR EXAMINATION; THEREFORE, NO DISCLOSURES OF UNCERTAIN INCOME TAX POSITIONS ARE REQUIRED. THE PALMS FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF CALIFORNIA. THE STATUTE OF LIMITATIONS FOR FEDERAL AND CALIFORNIA STATE PURPOSES IS GENERALLY THREE AND FOUR YEARS, RESPECTIVELY.
PART XI, LINE 8 - OTHER ADJUSTMENTS:		UNREALIZED LOSS ON INVESTMENTS -434,858. CHANGE IN PREMIUM PENSION -851,161. TOTAL TO SCHEDULE D, PART XI, LINE 8: -1,286,019.
PART XII, LINE 2D - OTHER ADJUSTMENTS:		UNREALIZED LOSS ON INVESTMENTS -1,286,019.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Survey	X	CompensationSurvey
Board Or Committee Approval	X	BoardOrCommitteeApproval
Severance Payment	0	SeverancePayment
Supplemental Nonqual Retire Plan	0	SupplementalNonqualRetirePlan
Equity Based Comp Arrangement	0	EquityBasedCompArrangement
Comp Based On Revenue Of Filing Org	0	CompBasedOnRevenueOfFilingOrg
Comp Based On Revenue Related Orgs	0	CompBasedOnRevenueRelatedOrgs
Comp Based Net Earnings Filing Org	0	CompBasedNetEarningsFilingOrg
Comp Based Net Earnings Relate Orgs	0	CompBasedNetEarningsRelateOrgs
Any Non Fixed Payments	0	AnyNonFixedPayments
Initial Contract Exception	0	InitialContractException

Form990 Schedule J Part II Form990ScheduleJPartII (4 entries)

Base Compensation Filing OrgBaseCompensationFilingOrg	Comp Based On Related OrgsCompBasedOnRelatedOrgs	Bonus Filing OrgBonusFilingOrg	Bonus Related OrgsBonusRelatedOrgs	Other Compensation Filing OrgOtherCompensationFilingOrg	Other Compensation Related OrgsOtherCompensationRelatedOrgs	Deferred Comp Filing OrgDeferredCompFilingOrg	Deferred Comp Related OrgsDeferredCompRelatedOrgs	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg	Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs	Total Compensation Filing OrgTotalCompensationFilingOrg	Total Compensation Related OrgsTotalCompensationRelatedOrgs	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg	Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs
WILLIAM HEIDEMAN
183732	0	0	0	0	0	0	0	57369	0	241101	0	0	0
MORRIS SHOCKLEY
130010	0	0	0	0	0	0	0	40515	0	170525	0	0	0
RAY SHIVELY
151515	0	0	0	0	0	0	0	31705	0	183220	0	0	0
CAMILLE GOLDSMITH
143257	0	0	0	0	0	0	0	31003	0	174260	0	0	0

Schedule K IRS990ScheduleK

Form990 Schedule K Part I Form990ScheduleKPartI (3 entries)

CUSIP NumberCUSIPNumber	Date IssuedDateIssued	Issue PriceIssuePrice	Description Of PurposeDescriptionOfPurpose	DefeasedDefeased	On Behalf Of IssuerOnBehalfOfIssuer	Pool FinancingPoolFinancing
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY
13079GAH6	2007-02-01	5525000	THE BONDS PROCEEDS WERE USED BY HOLLENBECK PALMS TO DEMOLISH CERTAIN	0	0	0
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY
10379GAJ2	2007-02-01	15035000	EXISTING BUILDINGS, CONTRUCT A NEW THREE-STORY BUILDING CONSISTING OF	0	0	0
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY
13079GAK9	2007-02-01	2700000	RESIDENTIAL UNITS, UNDERGROUND PARKING, AND RELATED FACILITIES.	0	0	0

Form990 Schedule K Part II Form990ScheduleKPartII (3 entries)

Current RefundingCurrentRefunding	Advance RefundingAdvanceRefunding	Final Allocation MadeFinalAllocationMade	Adequate Books And Recds MaintaindAdequateBooksAndRecdsMaintaind
0	0	0	0
0	0	0	0
0	0	0	0

Form990 Schedule K Part III Form990ScheduleKPartIII (3 entries)

Owning Bond Financed PropertyOwningBondFinancedProperty	Any Lease ArrangementsAnyLeaseArrangements	Mngment Cntrct Bond Financd PrprtyMngmentCntrctBondFinancdPrprty	Any Research AgreementsAnyResearchAgreements	Post Issuance Compliance ProcdrsPostIssuanceComplianceProcdrs
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0

Form990 Schedule K Part IV Form990ScheduleKPartIV (3 entries)

Form8038 T FiledForm8038TFiled	Variable Rate IssueVariableRateIssue	Hedge Identified In Books And RecdsHedgeIdentifiedInBooksAndRecds	Gross Proceeds Invested In GICGrossProceedsInvestedInGIC	Gross Proceeds InvestedGrossProceedsInvested	Exception To RebateExceptionToRebate
0	0	0	0	0	0
0	0	0	0	0	0
0	0	0	0	0	0

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (5 entries)

Return ReferenceReturnReference	ExplanationExplanation	IdentifierIdentifier
FORM 990, PART VI, SECTION B, LINE 11	NO REVIEW WAS OR WILL BE CONDUCTED
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST STATEMENTS ARE SIGNED BY TRUSTEES ANNUALLY AND REVIEWED BY MANAGEMENT.
FORM 990, PART VI, SECTION B, LINE 15	BOARD OF TRUSTEES DETERMINES COMPENSATION FOR ALL ORGANIZATIONS AND KEY EMPLOYEES, BASED ON COMPARABLE SALARIES IN THE LOCAL AREA.
FORM 990, PART VI, SECTION C, LINE 19	DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
FORM 990, PART XI, LINE 5:	UNREALIZED LOSS ON INVESTMENTS -434,858. CHANGE IN PREMIUM PENSION -851,161. TOTAL TO FORM 990, PART XI, LINE 5: -1,286,019.	CHANGES IN NET ASSETS OR FUND BALANCES: