2024-06-26T12:56:16-07:00 2023-12-31 262769279 DORAN & ASSOCIATES 70 MITCHELL BLVD Ste 102 San Rafael CA 94903 990 2023-01-01 946103170 THE LESLEY FOUNDATION LESL 6507264888 701 ARNOLD WAY 100 HALF MOON BAY CA 94019 CATHERINE EVANS Executive Director 2024-06-26 true CATHERINE EVANS 999009999 true Lisa Doran CPA P00791709 4154911130 X 2 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z CATHERINE EVANS 701 ARNOLD WAY 100 HALF MOON BAY CA 94019 27832563 false X WWW.LESLEYFOUNDATION.ORG X 1944 CA THE CORPORATION WAS FORMED (A) TO PROVIDE HOUSING AND RELATED FACILITIES AND SERVICES FOR SENIOR FAMILIES AND PERSONS ON A NON-PROFIT BASIS; (B) TO PLAN, CONSTRUCT, OPERATE, MAINTAIN, REHABILITATE, ALTER, CONVERT, AND IMPROVE HOUSING FOR SENIORS. 7 7 55 7 0 6219340 6066098 3180070 2838572 322228 13682883 43010 57010 9764648 22644563 0 0 2834119 2680392 0 0 6206786 6074437 9040905 8754829 723743 13889734 70427297 83206437 55690165 54180311 14737132 29026126 X THE CORPORATION WAS FORMED (A) TO PROVIDE HOUSING AND RELATED FACILITIES AND SERVICES FOR SENIOR FAMILIES AND PERSONS ON A NON-PROFIT BASIS;CONTINUED ON SCHEDULE O false false 4404573 970589 LESLEY TOWERS, LLC - 198-UNIT PROJECT PROVIDING LOW-INCOME HOUSING FOR SENIORS 1735042 1113118 BONNIE BRAE TERRACE - 164-UNIT PROJECT PROVIDING LOW-INCOME HOUSINGAND FOOD SERVICES FOR SENIORS. 558427 649943 PILGRIM PLAZA - 56-UNIT PROJECT PROVIDING LOW-INCOME HOUSING FOR SENIORS. 102600 161932 6800642 true true false false false false false false false false true false false true true true true true false false false false false false false false false false false true false false false false false false false false false false false false false true true true false false true 33 0 true 55 true false false false false false false false 0 false false false false false false false X 7 7 false false false false false false false true true false false true true true true true true true true false CA X CATHERINE EVANS 6507264888 701 ARNOLD WAY STE 100 HALF MOON BAY CA 94019 CATHERINE EVANS Executive Dir. 41.00 4.00 X 196018 0 27832 NANCY AMAYA DEPUTY E.D. 35.00 10.00 X 146811 0 21732 MARY CHEUNG DIR OF MGMT & OPS 45.00 0.00 113778 0 28097 SUE WINKS President 0.77 0.08 X X 0 0 0 TONY VILLANUEVA Vice President 1.99 0.08 X X 0 0 0 BERNADETTE MELLOTT MEMBER 0.11 0.03 X 0 0 0 LINDA AVELAR Secretary 0.31 0.07 X X 0 0 0 NAOMI PATRIDGE MEMBER 0.63 0.07 X 0 0 0 MICHAEL KIM MEMBER 0.36 0.09 X 0 0 0 SANDY COUNCIL Treasurer 0.34 0.08 X X 0 0 0 456607 77661 3 false true false SYSCO PO BOX 5019 FREMONT CA 94537 FOOD SERVICES 174081 1 6064898 1200 6066098 MANAGEMENT FEES 531310 105672 105672 RENTAL INCOME 531110 2305019 2305019 TENANT SERVICES 531110 427881 427881 2838572 920883 920883 0 0 0 17950000 5188000 12762000 12762000 12762000 0 0 0 MISCELLANEOUS 531390 57010 57010 57010 22644563 2895582 13682883 0 0 0 0 342829 342829 0 1784790 915782 869008 105264 39758 65506 287698 151323 136375 159811 70131 89680 0 68985 68985 46485 46485 0 0 25893 25893 0 0 243501 243501 0 0 1011390 1011390 0 0 0 1350433 1350433 0 1288403 1282792 5611 0 TAXES AND INSURANCE 722787 683958 38829 OPERATING AND MAINTENANCE 657402 657402 MEAL PROGRAM 265479 265479 MAINTENANCE SUPPLIES 201511 201511 192168 170683 21485 8754829 6800642 1954187 0 2000 1250 4167295 31042210 0 20637 24494 0 0 911915 842494 0 432492 334016 51805745 9653086 37335647 42152659 10983313 3832062 129111 0 0 16573998 4848141 70427297 83206437 619475 287941 54874803 53774217 195887 118153 55690165 54180311 X 14737132 29026126 14737132 29026126 70427297 83206437 13889734 399260 X false true X true true true X 4541497 5928991 6120884 6219340 6066098 28876810 3509260 3234224 3082476 3223080 2895582 15944622 0 0 0 8050757 9163215 9203360 9442420 8961680 44821432 0 0 44821432 179721 151249 268247 322228 920883 1842328 0 179721 151249 268247 322228 920883 1842328 0 0 8230478 9314464 9471607 9764648 9882563 46663760 0.96050 0.97670 0.03950 0.02330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 253049 253049 51378660 9496398 41882262 174036 156688 17348 42152659 CONSTUCTION IN PROGRESS 24427 INVESTMENT IN COASTSIDE SENIOR HSG., LP -62 LAND AND BUILDING HELD FOR SALE RESERVES 1713123 SETTLEMENT PROCEEDS RECEIVABLE 2992500 TENANT SECURITY DEPOSITS 118153 4848141 TENANT SECURITY DEPOSITS 118153 118153 X 23017930 399260 399260 22618670 25893 25893 22644563 8728936 8728936 25893 25893 8754829 Part X : FIN48 Footnote Accounting Principles, ASC 740-10, Accounting for Uncertainty in Income Taxes - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires the Foundation to report information regarding its exposure to various tax positions taken by the Foundation. The Foundation has determined whether any tax positions have met the recognition threshold and has measured the Foundation's exposure to those tax positions. Management believes that the Foundation has adequately addressed all relevant tax positions and that there are no unrecorded tax liabilities. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed (four years for California). Any interest or penalties assessed to the Foundation are recorded in operating expenses. No interest or penalties from federal or state tax authorities were recorded in the accompanying financial statements. X X false false false false false false false false false CATHERINE EVANS Executive Dir. 196018 11491 16341 223850 NANCY AMAYA DEPUTY E.D. 146811 8855 12877 168543 GALYN EVANS RELATIVE OF ED 52539 SALARIED EMPLOYEE false JUAN GONZALEZ DEPUTY ED FAM. 84671 SALARIED EMPLOYEE false Schedule L, Part V Supplemental Information Within The Lesley Foundations key management personnel there exists two pairs of related parties. Through April 28, 2023, a familial relationship existed between the Executive Director and the Director of Compliance. Neither individual reported to the other. The Executive Director reports to the Board of Directors. The Director of Compliance reported to the Director of Resident Services. In addition, the Director of Compliance retired, effective April 28, 2023. There exists a familial relationship between the Deputy Executive Director and the Human Resources Manager. Neither party reports to the other. The Deputy Executive Director reports to the Executive Director. The Human Resources Manager reported to the Director of Compliance until April 28, 2023, and thereafter reports to the Executive Director. These related party hirings were made with the approval of the Board of Directors. Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: LESLEY TOWERS, LLC - 198-UNIT PROJECT PROVIDING LOW-INCOME HOUSING FOR SENIORS Form 990, Part VI, Section B, Line 11b A DRAFT OF THE FORM IS DISTRIBUTED TO THE BOARD OF DIRECTORS FOR APPROVAL PRIOR TO SUBMISSION. Form 990, Part VI, Section B, Line 12c ORGANIZATION RECEIVES SIGNED DOCUMENT FROM MEMBERS THAT CERTIFIES NO CONFLICTS OF INTEREST OCCURRED. Form 990, Part VI, Section B, Line 15a The Organization has a policy that requires the analysis of compensation of the Executive Director on at least an annual basis. The salary shall be compared to equivalent organizations based on mission, budget size, job description and demands, or other factors specified by the Board of Directors. Based on the analysis, the Board shall conclude on whether the Executive Director's compensation is appropriate. Such analysis shall be documented and filed in the Corporation's records. Form 990, Part VI, Section C, Line 19 THE FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND POLICIES ARE ALL AVAILABLE UPON REQUEST. FORM 990, PART 1, LINE 5 & PART IX, LINES 5, 7, 9, 10 MAIN AND ARNOLD SENIOR HOUSING, INC. AND THE OCEAN VIEW FOUNDATION, RELATED PARTIES, UTILIZE THE STAFF OF THE LESLEY FOUNDATION. ON AN ONGOING BASIS, MAIN AND ARNOLD SENIOR HOUSING, INC. AND THE OCEAN VIEW FOUNDATION REIMBURSE THE LESLEY FOUNDATION FOR PAYROLL AND BENEFIT COSTS. ALL REQUIRED PAYROLL TAX REMITTANCE AND REPORTING IS PERFORMED BY THE LESLEY FOUNDATION.THE LESLEY FOUNDATION IS THE SINGLE MEMBER OF LESLEY TOWERS, LLC, A DISREGARDED ENTITY. AS A RESULT, THE BALANCES AND ACTIVITIES OF LESLEY TOWERS, LLC, ARE INCLUDED IN THESE INFORMATION RETURNS AS A DIVISION OF THE LESLEY FOUNDATION. PART III, STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS CONTINUED FROM PART III, LINE 1 (B) TO PLAN, CONSTRUCT, OPERATE, MAINTAIN, REHABILITATE, ALTER, CONVERT, AND IMPROVE HOUSING FOR SENIORS AND RELATED FACILITIES AND SERVICES FOR SENIOR FAMILIES AND PERSONS; (C) TO ACQUIRE BY GIFT OR PURCHASE, HOLD, SELL, CONVEY, ASSIGN, MORTGAGE OR LEASE ANY PROPERTY, REAL OR PERSONAL, NECESSARY OR INCIDENT TO THE PROVISIONS OF HOUSING AND RELATED FACILITIES AND SERVICES FOR SENIOR FAMILIES AND PERSONS;(D) TO BORROW MONEY AND ISSUE EVIDENCES OF INDEBTEDNESS IN FURTHERANCE OF ANY OR ALL OF THE OBJECTS OF ITS BUSINESS, AND TO SECURE LOANS BY MORTGAGE, DEED OF TRUST, PLEDGE OR OTHER LIEN; (E) TO APPLY FOR, OBTAIN AND CONTRACT WITH ANY FEDERAL AGENCY FOR A DIRECT LOAN OR LOANS OR OTHER FINANCIAL AID IN THE FORM OF MORTGAGE INSURANCE OR OTHERWISE FOR THE PROVISION OF HOUSING AND RELATED FACILITIES AND SERVICES FOR THE ELDERLY; AND (F) TO ENGAGE IN ANY KIND OF ACTIVITIES, AND TO ENTER INTO, PERFORM AND CARRY OUT CONTRACTS OF ANY KIND, NECESSARY OR IN CONNECTION WITH, OR INCIDENTAL TO THE ACCOMPLISHMENT OF ANY ONE OR MORE OF THE CHARITABLE PURPOSES OF THE CORPORATION. MAIN AND ARNOLD SENIOR HOUSING INC 701 ARNOLD WAY HALF MOON BAY CA 94019 943357145 HOUSING FOR SENIORS OR DISABLED PERSONS CA 501(C)(3) 7 THE LESLEY FOUNDATION true THE OCEAN VIEW FOUNDATION 701 ARNOLD WAY HALF MOON BAY CA 94019 941665936 HOUSING FOR SENIORS OR DISABLED PERSONS CA 501(C)(3) 7 THE LESLEY FOUNDATION true COASTSIDE SENIOR HOUSING LP 1999 BROADWAY STE 1000 DENVER CO 80202 HOUSING FOR SENIORS CO MERCY HSG CALWEST -62 false true 0.00005 false true false true false false false false false false false true false false true false false false false MAIN AND ARNOLD SENIOR HOUSING INC d 65000 LOANS MAIN AND ARNOLD SENIOR HOUSING INC l 60672 BUDGET MAIN AND ARNOLD SENIOR HOUSING INC o 239770 ACTUAL THE OCEAN VIEW FOUNDATION d 777494 LOANS THE OCEAN VIEW FOUNDATION l 45000 BUDGET THE OCEAN VIEW FOUNDATION o 196011 ACTUAL COASTSIDE SENIOR HOUSING LP b -62 ACTUAL