2020-05-11T20:35:07-05:00 2019-12-31 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2019-01-01 910824085 RIVERVIEW LUTHERAN RETIREMENT COMMUNITY OF SPOKANE RIVE 5094836483 1801 EAST UPRIVER DRIVE SPOKANE WA 99207 CHARLES TIRRELL PRESIDENT & CEO 5094836483 2020-05-07 1 KURT BENNION CPA P01469618 4252506100 2020-05-07 67.137.57.251 2020-05-07 18:33:35 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 77D16009953C50F67E66F3C4EA413B4553062136 2019 2021-01-29 14:40:06Z RIVERVIEW RETIREMENT COMMUNITY CHARLES TIRRELL 1801 EAST UPRIVER DRIVE SPOKANE WA 99207 24170986 0 X WWW.RIVERVIEWRETIREMENT.ORG X 1965 WA PROVIDE HEALTH CARE, HOUSING AND SERVICES IN A CHRIST-CENTERED ENVIRONMENT. 10 10 486 15 0 0 21444 47672 21229935 20845382 654660 668013 353410 397521 22259449 21958588 121391 46767 0 0 12245681 12702071 0 0 0 12589689 9651493 24956761 22400331 -2697312 -441743 55906011 55473140 59209622 57863568 -3303611 -2390428 X RIVERVIEW RETIREMENT COMMUNITY PROVIDES HEALTH CARE, HOUSING AND SERVICES IN A CHRIST-CENTERED ENVIRONMENT. OUR CARING STAFF, BOARD AND VOLUNTEERS ARE DEDICATED TO SERVING THE SPIRITUAL, PHYSICAL AND SOCIAL NEEDS OF OUR RESIDENTS. 0 0 9330058 7535 9680702 RIVERVIEW CARE CENTER PROVIDES SKILLED NURSING SERVICES TO INDIVIDUALS INSIDE THE RIVERVIEW COMMUNITY AS WELL AS TO THOSE IN THE GREATER SPOKANE AREA. A WIDE RANGE OF SERVICES ARE PROVIDED FROM SHORT-TERM REHABILITATION TO END-OF-LIFE CARE. THE FACILITY HAS 75 LICENSED BEDS AND A WELL-OUTFITTED THERAPY GYM. PROFESSIONAL THERAPY STAFF OFFER SPEECH, VOCATIONAL, AQUATIC, OCCUPATIONAL AND PHYSICAL THERAPY SERVICES EVERY DAY OF THE WEEK. IN LAST QUARTER OF 2019 TWO WINGS WERE TAKEN OFF-LINE FOR REMODELING.TWICE IN 2019, GONZAGA UNIVERSITY SENT 10-12 STUDENTS FROM THEIR NURSING PROGRAM TO RIVERVIEW TERRACE AND RIVERVIEW CARE CENTER FOR THEIR CLINICAL PRACTICUM. EACH GROUP WAS ON CAMPUS 1 DAY PER WEEK FOR 6 WEEKS. EASTERN WASHINGTON UNIVERSITY SENT 6 STUDENTS IN THEIR HEALTHCARE ADMINISTRATION PROGRAM TO SHADOW PRESIDENT & CEO, CHARLES TIRRELL. TWICE IN 2019, CHARLES TAUGHT A HEALTHCARE ADMINISTRATION COURSE TO 35 EASTERN WASHINGTON UNIVERSITY STUDENTS. RIVERVIEW ALSO CONDUCTED COLLEGE-LEVEL INTERNSHIP PROGRAMS IN 2019 IN THE AREAS OF RECREATIONAL, PHYSICAL, SPEECH, OCCUPATIONAL AND PHYSICAL THERAPY. 4838775 39232 7702374 RIVERVIEW TERRACE PROVIDES INDEPENDENT AND ASSISTED LIVING SERVICES IN 134 APARTMENTS THAT BENEFIT ABOUT 135 RESIDENTS. IN ADDITION TO PROVIDING ALL MEALS FOR RESIDENTS, TERRACE RESIDENTS ENJOY THE FOLLOWING AMENITIES: A 3-POOL AQUATIC AND FITNESS CENTER, ACTIVITIES PROGRAMMING, NURSING SERVICES, A WELL-EQUIPPED WOODSHOP, A CHAPLAIN AND CHAPEL, BEAUTY SALON, LIBRARY, COFFEE SHOP, MOVIE THEATER, AND A SPECIAL EVENT PRIVATE DINING ROOM. RESIDENTS REMIT MONTHLY PAYMENTS FOR INDEPENDENT AND ASSISTED LIVING SERVICES. IN 2019, THIS FACILITY HAD 95% AVERAGE OCCUPANCY.TWICE IN 2019, GONZAGA UNIVERSITY SENT 10-12 STUDENTS FROM THEIR NURSING PROGRAM TO RIVERVIEW TERRACE AND RIVERVIEW CARE CENTER FOR THEIR CLINICAL PRACTICUM. EACH GROUP WAS ON CAMPUS 1 DAY PER WEEK FOR 6 WEEKS. EASTERN WASHINGTON UNIVERSITY SENT 6 STUDENTS IN THEIR HEALTHCARE ADMINISTRATION PROGRAM TO SHADOW PRESIDENT & CEO, CHARLES TIRRELL. TWICE IN 2019, CHARLES TAUGHT A HEALTHCARE ADMINISTRATION COURSE TO 35 EASTERN WASHINGTON UNIVERSITY STUDENTS. RIVERVIEW ALSO CONDUCTED COLLEGE LEVEL INTERNSHIP PROGRAMS IN 2019 IN THE AREAS OF RECREATIONAL, PHYSICAL, SPEECH, OCCUPATIONAL AND PHYSICAL THERAPY. 1674845 0 2188488 RIVERVIEW VILLAGE IS MADE UP OF 164 INDEPENDENT LIVING HOMES SPREAD THROUGHOUT THE RIVERVIEW CAMPUS, WHICH COVERS OVER 30 ACRES ALONG THE SPOKANE RIVER. VILLAGE RESIDENTS ENJOY THE FOLLOWING AMENITIES: A 3-POOL AQUATIC AND FITNESS CENTER, ACCESS TO NURSING SERVICES, GROUNDS CARE (LAWN MOWING, GARDENS AND SNOW REMOVAL), MAINTENANCE SERVICES, A STATE-OF-THE-ART WOODSHOP, AND AN ACTIVITIES PROGRAM. RESIDENTS PURCHASE AN UNLIMITED RIGHT TO OCCUPY WITH AN ENTRANCE FEE. WHEN A RESIDENT VACATES, THE VACATING RESIDENT RECEIVES A REFUND OF 80% OF THE ENTRANCE FEE WHEN THE HOME IS REOCCUPIED. RESIDENTS ALSO PAY A MONTHLY FEE. IN 2019, THIS FACILITY HAD 97% AVERAGE OCCUPANCY. 1059837 0 1273818 RIVERVIEW MEMORY CARE IS A 20-BED MEMORY CARE BUILDING WHICH OPENED ON NOVEMBER 15, 2018. VISUAL TOURS OF THE UNIQUE FEATURES OF THIS BUILDING CAN BE TAKEN AT WWW.RIVERVIEWRETIREMENT.ORG. ON DECEMBER 31, 2019, EIGHTEEN OF THE TWENTY ROOMS WERE OCCUPIED WITH RESIDENTS. 1059837 0 1273818 16903515 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 53 0 486 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MICHAEL DREW 5094828419 1801 EAST UPRIVER DRIVE SPOKANE WA 99207 DONN GEHRET CHAIR (THROUGH MARCH 2019) 1.00 0.50 X X 0 0 0 DON KENNEDY VICE CHAIR & CHAIR 1.00 0.50 X X 0 0 0 STEVE WALKER TRUSTEE & VICE CHAIR 1.00 0.00 X X 0 0 0 GAIL SORENSON SECRETARY 1.00 0.00 X X 0 0 0 GALE ALLEN TRUSTEE 1.00 0.00 X 0 0 0 GARY CLARK TRUSTEE (THROUGH MARCH 2019) 1.00 0.00 X 0 0 0 JOANN DOTSON TRUSTEE 1.00 0.00 X 0 0 0 ALAN HARBINE TRUSTEE 1.00 0.00 X 0 0 0 SYLVIA HEDRICK TRUSTEE (THROUGH MARCH 2019) 1.00 0.00 X 0 0 0 CHRIS LARSON TRUSTEE (THROUGH OCTOBER 2019) 1.00 0.00 X 0 0 0 BILL LENZ TRUSTEE 1.00 0.00 X 0 0 0 BETSY NEWMAN TRUSTEE (THROUGH MARCH 2019) 1.00 0.00 X 0 0 0 BEN RICHARDSON TRUSTEE 1.00 0.00 X 0 0 0 DARREN SLACKMAN TRUSTEE 1.00 0.00 X 0 0 0 JOHN WHITCOMB TRUSTEE 1.00 0.00 X 0 0 0 CHARLES TIRRELL PRESIDENT & CEO 49.50 0.50 X 216421 0 28293 MICHAEL DREW VP - FINANCE 50.00 0.00 X 170559 0 25394 JAMILEE GECAS VP - HUMAN RESOURCES 50.00 0.00 X 166504 0 14996 NANCY SIMIEN CHIEF NURSING OFFICER 50.00 0.00 X 115387 0 13036 APRIL RITTER DIRECTOR OF THERAPY SERVICES 45.00 0.00 X 108590 0 12834 777461 0 94553 5 0 1 0 S & S DEVELOPMENTS 4022 N GARRY SPOKANE WA 99207 CONSTRUCTION 1403221 BOUTEN CONSTRUCTION COMPANY 627 N NAPA STREET SPOKANE WA 99220 CONSTRUCTION 648975 SIMPLICITY HOMES 2464 SW GLACIER PLACE SUITE 110 REDMOND OR 97756 CONSTRUCTION 391767 NUVODIA 801 S STEVENS SPOKANE WA 99204 IT SERVICES 335875 CONSONUS REHAB 4560 SE INTERNATIONAL WAY SUITE 10 MILWAUKIE OR 97222 THERAPY SERVICES 130663 7 47672 47672 NET PATIENT SERVICE REVENUE 623000 20845382 20845382 20845382 350911 350911 2754 0 2754 2754 2754 2525000 4500 2212398 0 312602 4500 317102 317102 MEAL REVENUES 900099 160992 160992 OTHER RESIDENT FEES 900099 128844 128844 MISCELLANEOUS INCOME 900099 104931 104931 394767 21958588 20845382 0 1065534 22131 22131 24636 24636 622167 622167 9856038 8899307 956731 152517 123148 29369 1302929 1187797 115132 768420 668894 99526 82742 82742 1800 1800 67067 67067 770195 524244 245951 189528 189528 158180 158180 342965 4601 338364 1192870 942985 249885 107623 57138 50485 11218 6042 5176 1053784 1053784 3058030 2307620 750410 207338 207338 FOOD 808898 808898 NON-MEDICAL SUPPLIES 398901 398901 MEDICAL SUPPLIES 356997 356997 OTHER RESIDENT EXPENSES 264020 264020 579337 306156 273181 22400331 16903515 5496816 0 2043272 1337008 1863642 167591 1260504 1307559 87951 120848 72532409 34010900 38287334 38521509 12363308 14018625 55906011 55473140 4584185 2366694 34271916 35670067 14554193 14371160 10958 6757 5632870 5302890 155500 146000 59209622 57863568 X -3562870 -2649687 259259 259259 -3303611 -2390428 55906011 55473140 -441743 1354926 0 X 0 1 X 1 0 X 1484 6763317 52911 21444 47672 6886828 10448045 20537971 19843389 21229935 20845382 92904722 10449529 27301288 19896300 21251379 20893054 99791550 0 0 0 99791550 164173 446675 442150 473618 353665 1880281 164173 446675 442150 473618 353665 1880281 41682 249119 325239 351459 394767 1362266 10655384 27997082 20663689 22076456 21641486 103034097 0.96850 0.96980 0.01820 0.01880 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MEAL REVENUES OTHER RESIDENT FEES MISCELLANEOUS INCOME BOND PREMIUM AMORTIZATION RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 827 827 0 PART II-B, LINE 1: RIVERVIEW RETIREMENT COMMUNITY PAYS MEMBERSHIP DUES TO LEADINGAGE, WHICH USES A PORTION OF THOSE DUES TO LOBBY ON BEHALF OF ITS MEMBERS. 0 1 X 399351 61732 20240 440843 457664 -38757 19556 399351 418168 57243 17747 457664 259259 150029 27558 18678 418168 259259 22421 22421 259259 0.41190 0.58810 0.00000 1 0 4067426 4067426 33118464 18317441 14801023 27496761 11886107 15610654 6874975 3807352 3067623 974783 974783 38521509 APPLICANT DEPOSITS 146000 146000 X 23225799 1354926 1354926 21870873 67067 20648 87715 21958588 22312616 0 22312616 67067 20648 87715 22400331 PART IV, LINE 2B: THE ORGANIZATION HOLDS RESIDENTS' FUNDS IN TRUST SO THAT RESIDENTS DON'T NEED TO WORRY ABOUT PROTECTING CASH IN THEIR ROOMS. RESIDENTS MAY DEPOSIT AND WITHDRAW FUNDS AT WILL. WHEN A RESIDENT LEAVES OR PASSES AWAY, ANY REMAINING FUNDS ARE RETURNED TO THEM OR THEIR ESTATE. THE ORGANIZATION RECORDS EACH RESIDENT'S FUNDS INDIVIDUALLY AND AMOUNTS ARE RECONCILED MONTHLY, ALTHOUGH ALL OF THE FUNDS ARE MAINTAINED IN A SINGLE CHECKING ACCOUNT THAT IS SEPARATE FROM THE ORGANIZATION'S FUNDS. RESIDENTS OF RIVERVIEW VILLAGE PURCHASE AN UNLIMITED RIGHT TO OCCUPY WITH AN ENTRANCE FEE. WHEN A RESIDENT VACATES, THE VACATING RESIDENT RECEIVES A REFUND OF A PORTION OF THE ENTRANCE FEE WHEN THE HOME IS REOCCUPIED. PART V, LINE 4: PROCEEDS FROM THE ENDOWMENT FUNDS ARE NOT RESTRICTED AND MAY BE SPENT AS THE ORGANIZATION DEEMS APPROPRIATE. PART X, LINE 2: THE CORPORATION HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A NONPROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED ACTIVITIES. NO TAX PROVISION HAS BEEN MADE IN THE ACCOMPANYING STATEMENTS OF ACTIVITIES AND CHANGES IN NET ASSETS. PART XI, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RECLASSIFIED OUT OF REVENUES 20,648. PART XII, LINE 4B - OTHER ADJUSTMENTS: EXPENSES RECLASSIFIED OUT OF REVENUES 20,648. 1 RIVERVIEW RESIDENT ASSISTANCE FOUNDATION 1801 EAST UPRIVER DRIVE SPOKANE WA 99207 820643249 501(C)(3) 22131 MATCHING CONTRIBUTIONS TO ASSIST THE FOUNDATION IN BECOMING OPERATIONAL 1 0 EMPLOYEE EDUCATIONAL ASSISTANCE 2 15070 NAC REIMBURSEMENT PROGRAM 29 9566 PART I, LINE 2: RIVERVIEW MADE A DISTRIBUTION TO THE RIVERVIEW RESIDENT ASSISTANCE FOUNDATION, WHICH IS A SUBSIDIARY OF RIVERVIEW. RIVERVIEW ENSURES ALL FUNDS ARE USED APPROPRIATELY THROUGH COMMON MANAGEMENT AND BOARD OVERSIGHT. RIVERVIEW MAKES SMALL CONTRIBUTIONS TO LOCAL CHARITIES. ASIDE FROM CONFIRMING STATUS OF THE RECEIPT, WE DO NOT MONITOR HOW FUNDS ARE SPENT BECAUSE FUNDS ARE INTENDED FOR GENERAL OPERATING SUPPORT. INDIVIDUALS ARE REQUIRED TO COMPLETE EDUCATIONAL COURSES AND ACHIEVE A SPECIFIED GPA BEFORE BEING REIMBURSED FOR QUALIFIED EXPENSES. X 0 1 X X X X 1 1 0 0 0 0 0 1 0 CHARLES TIRRELL PRESIDENT & CEO 216421 0 0 0 0 0 19259 0 9034 0 244714 0 0 0 MICHAEL DREW VP - FINANCE 167309 0 3250 0 0 0 16360 0 9034 0 195953 0 0 0 JAMILEE GECAS VP - HUMAN RESOURCES 142604 0 23250 0 650 0 9863 0 5133 0 181500 0 0 0 PART I, LINE 1A THE ORGANIZATION PAID $475 FOR THE PRESIDENT & CEO'S ROTARY CLUB MEMBERSHIP. THIS AMOUNT WAS NOT INCLUDED IN THE PRESIDENT & CEO'S TAXABLE COMPENSATION. PART I, LINE 1B PAYMENT OF THE ROTARY CLUB DUES WERE APPROVED BY THE VICE PRESIDENT OF HUMAN RESOURCES AND ADMINISTRATIVE SERVICES AND BY THE BOARD CHAIR. IT WAS APPROVED BECAUSE THE PRIMARY PURPOSE OF THE ROTARY CLUB MEMBERSHIP IS FOR THE PRESIDENT & CEO TO BUILD AND MAINTAIN STRONG RELATIONSHIPS WITH COMMUNITY MEMBERS AND BECAUSE THE AMOUNT IS NOT SUBSTANTIAL. THE ORGANIZATION IS EVALUATING WHETHER TO IMPLEMENT A WRITTEN POLICY THAT REQUIRES REVIEW AND APPROVAL BEFORE PROVIDING ANY OF THE BENEFITS LISTED IN PART I, LINE 1. PART I, LINES 4A-B 457(F) PLAN CONTRIBUTIONS IN 2019 WERE: CHARLES TIRRELL - $10,548 MICHAEL DREW - $9,017 JAMILEE GECAS - $3,415 PART I, LINE 7 BONUSES ARE PROVIDED TO ORGANIZATIONAL OFFICERS AND OTHER HIGHLY PAID EMPLOYEES BASED ON HISTORICAL BONUSES OVER THE LAST FIVE YEARS AND THE CEO'S EVALUATION OF CURRENT YEAR PERFORMANCE. A WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 939783QX7 2012-12-03 15820495 REFUND PRIOR ISSUE AND CAPITAL IMPROVEMENTS 0 0 0 A 1115000 15820495 949750 316410 9662708 4891627 2013 1 0 1 1 A 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 1 A 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: WASHINGTON STATE HOUSING FINANCE COMMISSION DATE THE REBATE COMPUTATION WAS PERFORMED: 12/03/2017 FORM 990, PART VI, SECTION A, LINE 1 THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS AUTHORIZED TO CONVENE IF A PRESSING ISSUE MUST BE ADDRESSED BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE IS PROHIBITED FROM (A) AMENDING THE ARTICLES OR BYLAWS; (B) ELECTING, APPOINTING OR REMOVING ANY BOARD OR COMMITTEE MEMBER OR OFFICER; (C) ADOPTING A PLAN OF MERGER OR CONSOLIDATION WITH ANOTHER ENTITY; (D) AUTHORIZING THE SALE, LEASE OR EXCHANGE OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S ASSETS; (E) AUTHORIZING THE ORGANIZATION'S DISSOLUTION OR A PLAN TO DISTRIBUTE THE ORGANIZATION'S ASSETS; OR (F) AMENDING, ALTERING OR REPEALING ANY BOARD DECISION THAT SPECIFICALLY PROHIBITS COMMITTEE ALTERATIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE CEO, THE VP-FINANCE AND THE BOARD FOR ACCURACY BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C RIVERVIEW'S CONFLICT OF INTEREST POLICY APPLIES TO BOARD MEMBERS, OFFICERS, ADMINISTRATIVE STAFF, AND KEY EMPLOYEES OF THE ORGANIZATION. EACH COVERED INDIVIDUAL IS REQUIRED TO REVIEW THE POLICY AND SUBMIT A CONFLICT OF INTEREST DISCLOSURE ANNUALLY. IF AN INDIVIDUAL HAS A CONFLICT, THEY ARE REQUIRED TO DISCLOSE THE FACT. THE CONFLICTED INDIVIDUAL IS ALLOWED TO REMAIN FOR DISCUSSIONS, BUT MUST RECUSE THEMSELF FROM VOTING ON THE ISSUE. FORM 990, PART VI, SECTION B, LINE 15A THE ORGANIZATION'S VP - ADMINISTRATIVE SERVICES GATHERS COMPENSATION DATA FROM VARIOUS SOURCES, INCLUDING INFORMATION FROM SIMILAR ORGANIZATIONS, AND PRESENTS THE DATA TO THE PERSONNEL COMMITTEE. THE COMMITTEE USES THIS DATA TO DETERMINE THE COMPENSATION FOR THE CEO AND PERFORMS AN ANNUAL PERFORMANCE REVIEW WITH THE CEO. THE CEO DETERMINES THE COMPENSATION FOR ALL OTHER KEY EMPLOYEES OF THE ORGANIZATION. THIS PROCESS WAS LAST COMPLETED IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ONLINE THROUGH THE EMMA WEBSITE (BOND OFFERING). THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. THE WAPITI GROUP LLC 422 W RIVERSIDE AVENUE SUITE 1100 SPOKANE WA 99201 910824085 REAL ESTATE HOLDING COMPANY ID 0 0 RIVERVIEW RETIREMENT COMMUNITY RIVERVIEW RESIDENT ASSISTANCE FOUNDATION 1801 E UPRIVER DRIVE SPOKANE WA 99207 820643249 RESIDENT SUPPORT WA 501(C)(3) LINE 12A, I RIVERVIEW RETIREMENT COMMUNITY 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0