2021-07-26T20:51:22-05:00 2020-09-30 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2019-10-01 237085414 THE REDWOODS A COMMUNITY OF SENIORS REDW 4153832741 40 CAMINO ALTO MILL VALLEY CA 94941 LYNETTE CLARK CHIEF FINANCIAL OFFICER 4153832741 2021-07-22 1 MICHAEL LUMSDEN P01262236 4159561500 2021-07-22 2019 2022-09-23 18:48:47Z HUNTER MOORE 40 CAMINO ALTO MILL VALLEY CA 94941 24455278 0 X WWW.THEREDWOODS.ORG X 1970 CA THE REDWOODS IS A MULTI-LEVEL RETIREMENT FACILITY PROVIDING AFFORDABLE HOUSING FOR SENIORS. 15 15 203 150 0 0 467148 1929682 19426548 19462201 -21752 205846 139927 152049 20011871 21749778 0 0 0 0 11170085 11631163 0 0 260395 8964386 8882970 20134471 20514133 -122600 1235645 53627939 56203470 29002250 29984296 24625689 26219174 X THE MISSION OF THE REDWOODS IS TO MAINTAIN A CREATIVE, AFFORDABLE COMMUNITY THAT PROMOTES GOOD HEALTH, WELL-BEING, AND SECURITY FOR A DIVERSE GROUP OF SENIORS. 0 0 4560797 0 5188620 HEALTH CARE CENTER (HCC) - THE HEALTH CARE CENTER HAS 52 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, AND LINEN AND LAUNDRY SERVICE. AS IN ASSISTED 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. IN ADDITION, THERE IS WIFI ACCESS. MEDI-CAL AND MEDICARE ARE AVAILABLE TO QUALIFYING RESIDENTS. 3435579 0 7397935 ASSISTED LIVING - THE ASSISTED LIVING PROGRAM IS LICENSED UNDER THE ORGANIZATION'S RESIDENTIAL CARE FACILITY FOR THE ELDERLY (RCFE) LICENSE AND INCLUDES 131 RESIDENTIAL LIVING APARTMENTS (RLA). APARTMENT TYPES INCLUDE STUDIOS, STUDIOS WITH SNACK CENTER, AND ONE-BEDROOM UNITS WITH A 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, A FULL-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. SERVICES TO ASSIST WITH ACTIVITIES OF DAILY LIVING SUCH AS MEDICATION MANAGEMENT, ASSISTANCE WITH SHOWERING, ASSISTANCE WITH DRESSING, AND LAUNDRY ARE AVAILABLE TO PURCHASE. 2604885 0 6820852 INDEPENDENT LIVING APARTMENTS (ILA) - THERE ARE 145 1-BEDROOM APARTMENTS AND TWO 2-BEDROOM APARTMENTS, EACH WITH A FULL ELECTRIC KITCHEN, WIFI ACCESS, PHONE HOOK-UP, PATIO OR BALCONY; 60 OF THE 1-BEDROOM APARTMENTS ARE FOR RESIDENTS WHO QUALIFY FOR RENTAL SUPPORT THROUGH THE SECTION 8 PROGRAM OF THE U.S. DEPARTMENT OF HOUSING & URBAN DEVELOPMENT. 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. 7021953 0 54794 OTHER PROGRAM SERVICES PROVIDED INCLUDE RESIDENT PROGRAMS, OPERATIONS, AND DINING SERVICES. PROGRAMS INCLUDE ENTERTAINMENT, LECTURES, SOCIAL GROUPS, AND EXERCISE IN THE WELLNESS CENTER. 7021953 0 54794 17623214 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 52 0 1 203 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X LYNETTE CLARK 4153832741 40 CAMINO ALTO MILL VALLEY CA 94941 HUNTER MOORE CHIEF EXECUTIVE OFFICER 40.00 X 280866 0 7925 CAROLYN MARTIN DIRECTOR OF NURSING 40.00 X 223229 0 6833 CATHERINE SCOTT DIRECTOR OF CAPITAL PROJECTS 40.00 X 211157 0 7925 LYNETTE CLARK CHIEF FINANCIAL OFFICER 40.00 X 201055 0 7925 SUSAN BADGER COO THROUGH 5/2020 40.00 X 165456 0 2642 TAYLOR KELLY DIRECTOR OF FACILITIES 40.00 X 143074 0 7925 CHRISTIAN MILLS DIRECTOR OF FUND DEVELOPMENT 40.00 X 142472 0 7925 POLLY WRIGHT LICENSED VOCATIONAL NURSE 40.00 X 133677 0 7925 NOREEN MCKEON DIRECTOR OF PROGRAMS 40.00 X 125813 0 7925 THERESA FISCHER CONTROLLER 32.00 X 119749 0 7925 CLAIRE MCAULIFFE PRESIDENT THROUGH 12/2019 / DIR. 2.00 X X 0 0 0 JIM LYNCH VICE PRES. THROUGH 12/2019 / PRES. 2.00 X X 0 0 0 JIM DAY VICE PRESIDENT EFFECTIVE 1/2020 2.00 X X 0 0 0 GENEVIEVE MOORE SECRETARY 2.00 X X 0 0 0 BRUCE SCOTT TREASURER 2.00 X X 0 0 0 MICHELLE STEINHART MEMBER-AT-LARGE 2.00 X 0 0 0 BETSY BIKLE BOARD MEMBER 2.00 X 0 0 0 NOAH W GRIFFIN BOARD MEMBER 2.00 X 0 0 0 BOB HARMON BOARD MEMBER 2.00 X 0 0 0 MIKE HOUSE BOARD MEMBER 2.00 X 0 0 0 DR AL OPPENHEIM BOARD MEMBER 2.00 X 0 0 0 LOUIS PATLER PHD BOARD MEMBER 2.00 X 0 0 0 BOB REYNOLDS BOARD MEMBER 2.00 X 0 0 0 BRIAN SWARTZ BOARD MEMBER 2.00 X 0 0 0 ANN URE BOARD MEMBER 2.00 X 0 0 0 1746548 0 72875 13 0 1 0 D&S CONSTRUCTION PO BOX 935 PENNGROVE CA 94951 CONSTRUCTION SERVICES 1177006 UNIDINE CORPORATION PO BOX 102289 ATLANTA GA 303682289 DINING SERVICE MANAGEMENT 1075899 JMC GENERAL CONSTRUCTION 926A DIABLO AVENUE 252 NOVATO CA 94947 CONSTRUCTION SERVICES 590786 SOUTH BAY COMMUNICATIONS INC 1134 CADILLAC COURT MILPITAS CA 95035 IT SERVICES 299484 REHAB ALLIANCE 16260 VENTURA BLVD 600 ENCINO CA 91436 THERAPY SERVICES 239165 15 622258 1307424 1929682 INDEPENDENT LIVING RENTAL INCOME 623000 6670218 6670218 ASSISTED LIVING RENTAL INCOME 623000 6567448 6567448 HEALTH CARE RENTAL INCOME 623000 5163393 5163393 SERVICE/PROCESSING FEES 623000 1047622 1047622 OTHER OPERATING REVENUE 623000 13520 13520 19462201 306435 306435 18170 0 18170 18170 18170 2604911 2653805 51695 -48894 -51695 -100589 -100589 EMPLOYEE/GUEST MEALS 722514 130224 130224 MISCELLANEOUS REVENUE 900099 3655 3655 133879 21749778 19462201 0 357895 1043551 601025 345711 96815 8391841 7142989 1157000 91852 109376 99312 9136 928 1382323 1244839 123440 14044 704072 584568 105584 13920 64987 3568 61419 111362 111362 26488 26488 2021257 1606944 410220 4093 48349 2000 45702 647 103096 35446 51128 16522 139091 77983 52137 8971 1145935 1116419 24846 4670 2065 986 384 695 18579 9116 9463 1425082 1425082 2281964 2254075 23417 4472 189197 182301 6896 OPERATING SUPPLIES 456891 441766 15125 REPAIRS & MAINTENANCE 407296 406390 906 LICENSES & FEES 224001 223415 586 BOND ISSUANCE COSTS 86950 86950 130380 78040 49574 2766 20514133 17623214 2630524 260395 564485 774782 6339379 8083561 392606 205387 8469 8469 88298 112549 48448661 10986976 37455342 37461685 8774777 9552817 4583 4220 53627939 56203470 2395073 2212917 17459 26485389 25981410 0 1652347 121788 120163 29002250 29984296 X 20824865 21556906 3800824 4662268 24625689 26219174 53627939 56203470 1235645 357840 0 X 0 1 X 1 1 1 X 305642 446736 364201 467148 1929682 3513409 17573569 19165672 19196363 19426548 19462201 94824353 17879211 19612408 19560564 19893696 21391883 98337762 11000 30390 61058 70250 21450 194148 0 11000 30390 61058 70250 21450 194148 98143614 334497 318535 302913 407818 324605 1688368 334497 318535 302913 407818 324605 1688368 21180 4075 8622 130274 133879 298030 18234888 19935018 19872099 20431788 21850367 100324160 0.97830 0.97610 0.01680 0.01870 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2015 AMOUNT: $ 21,180. 2016 AMOUNT: $ 4,075. 2017 AMOUNT: $ 8,622. 2018 AMOUNT: $ 130,274. 2019 AMOUNT: $ 133,879. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3595117 454440 224726 4274283 3500059 95058 3595117 3967441 132618 600000 3500059 3591201 426576 50336 3967441 3404638 247318 60755 3591201 0.00000 0.59820 0.40180 1 0 587687 587687 44925504 9909964 35015540 1473652 749127 724525 1461818 327885 1133933 37461685 SECURITY DEPOSITS 120163 120163 22159313 357840 357840 21801473 -51695 -51695 21749778 20565828 51695 51695 20514133 0 20514133 PART V, LINE 4: THE RESIDENT ENDOWMENT SUPPORTS A RESIDENT RENTAL ASSISTANCE FUND. THE GENERAL ENDOWMENT SUPPORTS GENERAL OPERATIONS. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS -51,695. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON DISPOSAL OF FIXED ASSETS 51,695. X X 0 0 0 0 0 0 0 1 0 HUNTER MOORE CHIEF EXECUTIVE OFFICER 257666 0 23200 0 0 0 1092 0 6833 0 288791 0 0 0 CAROLYN MARTIN DIRECTOR OF NURSING 222029 0 1200 0 0 0 0 0 6833 0 230062 0 0 0 CATHERINE SCOTT DIRECTOR OF CAPITAL PROJECTS 209957 0 1200 0 0 0 1092 0 6833 0 219082 0 0 0 LYNETTE CLARK CHIEF FINANCIAL OFFICER 199855 0 1200 0 0 0 1092 0 6833 0 208980 0 0 0 SUSAN BADGER COO THROUGH 5/2020 165456 0 0 0 0 0 364 0 2278 0 168098 0 0 0 TAYLOR KELLY DIRECTOR OF FACILITIES 141874 0 1200 0 0 0 1092 0 6833 0 150999 0 0 0 CHRISTIAN MILLS DIRECTOR OF FUND DEVELOPMENT 138572 0 3900 0 0 0 1092 0 6833 0 150397 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID BONUSES TO CERTAIN EMPLOYEES OF THE ORGANIZATION LISTED ON FORM 990, PART VII AND SCHEDULE J WHICH WERE NOT SPECIFIED IN A CONTRACT NOR WITH A FIXED FORMULA AND FOR WHICH DISCRETION WAS UTILIZED TO DETERMINE THE AMOUNT OF BONUS AND/OR WHETHER THE BONUS PAYMENT SHOULD BE MADE. ACCORDINGLY, THESE PAYMENTS WOULD BE CONSIDERED NON-FIXED PAYMENTS. A CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 13080SBV5 2013-11-26 30433934 REFUND BOND DATED 3/11/1997 / CONSTRUCT & EQUIP FACILITIES 0 0 0 A 2140000 30501187 2087332 700000 604550 1810675 23119390 2179240 2017 1 0 1 1 A 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/11/2021 PART I, COLUMN (E) AND PART II, LINE 3: THE DIFFERENCE BETWEEN THE ISSUE PRICE REPORTED IN PART I, COLUMN (E) AND THE TOTAL PROCEEDS OF ISSUE REPORTED IN PART II, LINE 3 PERTAINS TO INVESTMENT EARNINGS ON THE PROCEEDS OF ISSUE. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS ONE MEMBER, THE COMMUNITY CHURCH OF MILL VALLEY. WHILE NOT OUTLINED AS A MEMBER PER THE ORGANIZATION'S GOVERNING DOCUMENTS, THE COMMUNITY CHURCH OF MILL VALLEY WOULD MEET THE DEFINITION OF "MEMBER" PER THE INSTRUCTIONS FOR FORM 990, PART VI, SECTION A, LINE 6 IN THAT IT HAS THE POWER TO ELECT MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7A ACCORDING TO THE BYLAWS OF THE REDWOODS, 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 MUST HAVE THE APPROVAL OF THE BOARD OF THE COMMUNITY CHURCH OF MILL VALLEY. ADDITIONALLY, AT LEAST TWO MEMBERS OF THE BOARD OF DIRECTORS SHALL, AT ALL TIMES, BE MEMBERS OF THE COMMUNITY CHURCH OF MILL VALLEY. FORM 990, PART VI, SECTION A, LINE 7B THE ADOPTION OF NEW BYLAWS OR AMENDMENT OF THE CURRENT BYLAWS MUST BE APPROVED BY THE BOARD OF DIRECTORS OF THE COMMUNITY CHURCH OF MILL VALLEY (SO LONG AS IT IS EXISTING AND ACTIVELY FUNCTIONING AS A CHURCH) IF SUCH REVISIONS CALL FOR A CHANGE TO SECTION 3.4 OF THE BYLAWS, WHICH PROVIDES THAT THE COMMUNITY CHURCH OF MILL VALLEY SHALL APPROVE OF ALL DIRECTORS, AND ALSO HAS THE RIGHT TO WITHDRAW APPROVAL FOR ANY DIRECTOR AT ANY TIME. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT TAX PROFESSIONAL IN CONJUNCTION WITH THE ORGANIZATION'S FINANCE AND ACCOUNTING DEPARTMENT. A DRAFT FORM 990 IS THEN REVIEWED IN FULL BY CHIEF FINANCIAL OFFICER; ADJUSTMENTS ARE MADE AS NECESSARY. THE FINALIZED FORM 990 IS THEN DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CEO 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, AS WELL AS OFFICERS AND KEY EMPLOYEES. THE CEO TRACKS RECEIPT AND REVIEWS THESE STATEMENTS WHEN RECEIVED. THE CEO NOTIFIES THE APPROPRIATE BOARD/STAFF MEMBERS OF ANY CONFLICTS OF INTEREST DISCLOSED. EACH INDIVIDUAL COVERED UNDER THE POLICY IS ALSO REQUIRED TO DISCLOSE TO THE BOARD OF DIRECTORS AS SOON AS A POSSIBLE CONFLICT IS IDENTIFIED. THE CONFLICTED INDIVIDUAL THEN MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING. AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION INVOLVING THE POTENTIAL CONFLICT OF INTEREST. THE MINUTES OF THE MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE, THE TRANSACTION WAS REVIEWED AND DISCUSSED, AND THE CONFLICTED INDIVIDUAL ABSTAINED FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 THE DIRECTOR OF HUMAN RESOURCES ESTABLISHES APPROPRIATE SALARY RANGES FOR ALL NON-UNION POSITIONS IN CONSULTATION WITH THE HIRING MANAGER AND WITHIN THE CONTEXT OF COMPARABILITY ANALYSIS WITH RELEVANT POSITIONS WITH OTHER NON- AND FOR-PROFIT ORGANIZATIONS AND THE APPROVED OPERATING BUDGET. THE DIRECTOR OF HUMAN RESOURCES ALSO COMPLETES COMPARABILITY STUDIES FOR ALL OFFICER AND KEY EMPLOYEE POSITIONS ANNUALLY. THE STUDY IS REVIEWED WITH THE BOARD OF DIRECTORS IN SEPTEMBER OF EACH YEAR AND DOCUMENTED IN THE MEETING MINUTES. THE CEO'S COMPENSATION IS SET BY THE BOARD OF DIRECTORS; COMPENSATION FOR ALL OTHER OFFICER'S AND KEY EMPLOYEES IS DETERMINED BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. COMMUNITY CHURCH OF MILL VALLEY 8 OLIVE STREET MILL VALLEY CA 94941 941337614 CHURCH CA 501(C)(3) LINE 1 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0