2020-07-14T21:02:17-05:00 2019-06-30 941254756 HOOD & STRONG LLP 275 BATTERY ST STE 900 SAN FRANCISCO CA 94111 990 2018-07-01 941480548 AVENIDAS AVEN 6502895400 450 BRYANT STREET PALO ALTO CA 94301 MAUREEN BREEN CFO/VP, FINANCE AND ADMIN 6502895400 2020-07-08 1 JACOB YAU P01560332 4157810793 12.201.128.66 2020-07-08 12:45:54 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 0FD9DDE82EC6D4B8065AB7615AF10F25757ED51F 2018 2020-09-22 18:59:49Z AMY ANDONIAN 450 BRYANT STREET PALO ALTO CA 94301 9808986 0 X WWW.AVENIDAS.ORG X 1961 CA AVENIDAS PROVIDES SUPPORT, INFORMATION, AND COMMUNITY TO ENRICH THE LIVES OF OLDER ADULTS. 19 18 63 375 0 0 5749232 4201372 1460718 1596437 1542012 896273 -2860 -8294 8749102 6685788 0 0 0 0 3443482 3646686 0 0 698493 2208979 2460893 5652461 6107579 3096641 578209 50873653 51152869 2508602 1925982 48365051 49226887 X THE MISSION OF AVENIDAS IS TO HELP OLDER ADULTS IN OUR COMMUNITY BE AS ACTIVE, ENGAGED AND HEALTHY AS POSSIBLE THROUGHOUT THEIR LIVES BY PROVIDING RELEVANT SERVICES AND PROGRAMS. 0 0 1833731 0 1028006 AVENIDAS ROSE KLEINER CENTER: ADULT DAY HEALTH CARE PROVIDING TRANSPORTATION, NUTRITION, RECREATION AND HEALTH SERVICES (INCLUDING NURSING CARE, PHYSICAL THERAPY, OCCUPATIONAL THERAPY AND SPEECH THERAPY) TO FRAIL SENIORS (12,106 DAYS OF SERVICE TO 100 CLIENTS).THE AMOUNT IN THE REVENUE SECTION DOES NOT INCLUDE GRANTS REVENUE REPORTED ON LINE 1 OF PART VIII ACCORDING TO THE INSTRUCTIONS OF THE FORM 990. 502963 0 216708 PARTICIPANT & HEALTH SERVICES: PROVIDES RECEPTION, REGISTRATION, MEMBERSHIP TO OLDER ADULTS, AND FACILITATES THE PROVISION OF EDUCATION, RECREATION, SOCIAL SVCS (39,009 REGISTRATIONS TO 4,787 PARTICIPANTS), AND HEALTH & WELLNESS SERVICES (6,200 SERVICE UNITS TO 795 CLIENTS).THE REVENUE AND EXPENSES SECTIONS DO NOT INCLUDE DONATED PROFESSIONAL SERVICES, WHICH WERE VALUED AT $2,262 FOR 47 HOURS OF DONATED HEALTH CARE AND TEACHING SERVICES.THE AMOUNT IN THE REVENUE SECTION DOES NOT INCLUDE GRANTS REVENUE REPORTED ON LINE 1 OF PART VIII ACCORDING TO THE INSTRUCTIONS OF THE FORM 990. 243779 0 242713 AVENIDAS VILLAGE: PROVIDING SOCIAL, SUPPORTIVE, PRACTICAL AND OTHER SERVICES TO OLDER ADULT MEMBERS IN SUPPORT OF MAINTAINING THEIR INDEPENDENCE IN THEIR OWN HOMES (310 MEMBERS).THE AMOUNT IN THE REVENUE SECTION DOES NOT INCLUDE GRANTS REVENUE REPORTED ON LINE 1 OF PART VIII ACCORDING TO THE INSTRUCTIONS OF THE FORM 990. 1994525 0 109010 ADDITIONAL PROGRAMS INCLUDING SOCIAL WORK SERVICES, TRANSPORTATION SERVICES, HANDYMAN AND VOLUNTEER SERVICES (SERVING AN ADDITIONAL 1,438 PARTICIPANTS & CLIENTS). 1994525 0 109010 4574998 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 1 60 0 1 63 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 18 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MAUREEN BREEN 6502895400 450 BRYANT STREET PALO ALTO CA 94301 BARBARA KRIMSKY BINDER CHAIR 10.00 X X 0 0 0 HENRY MASSEY VICE CHAIR 5.00 X X 0 0 0 DEXTER DAWES TREASURER 5.00 X X 0 0 0 RICK STERN SECRETARY 5.00 X X 0 0 0 LOREN BROWN DIRECTOR AT LARGE 2.00 X 0 0 0 JEREMY BURNS DIRECTOR AT LARGE 2.00 X 0 0 0 DEBRA CEN DIRECTOR AT LARGE 2.00 X 0 0 0 MICHAEL COUCH DIRECTOR AT LARGE 2.00 X 0 0 0 CHRIS DOUVOS DIRECTOR AT LARGE (THRU NOV 2018) 2.00 X 0 0 0 WILLIAM FRIEDMAN DIRECTOR AT LARGE 2.00 X 0 0 0 CINDY HOFEN DIRECTOR AT LARGE 2.00 X 0 0 0 LARRY KLEIN DIRECTOR AT LARGE 2.00 X 0 0 0 JULIE LAU DIRECTOR AT LARGE 2.00 X 0 0 0 NANCY MCGARAGHAN DIRECTOR AT LARGE 2.00 X 0 0 0 ELIANE NEUKERMANS DIRECTOR AT LARGE 2.00 X 0 0 0 MARGO OGUS DIRECTOR AT LARGE 2.00 X 0 0 0 JIM PHILLIPS DIRECTOR AT LARGE 2.00 X 0 0 0 DR LINDA DARIKI SHORTLIFFE DIRECTOR AT LARGE 2.00 X 0 0 0 JEROME B SPECTOR DIRECTOR AT LARGE 2.00 X 0 0 0 MIKE RANTZ DIRECTOR AT LARGE (STARTING JAN 2019) 2.00 X 0 0 0 AMY ANDONIAN PRESIDENT/CEO 40.00 X 171301 0 11325 MAUREEN BREEN CFO/VP, FINANCE & ADMIN 40.00 X 147863 0 5816 MARY HOHENSEE VP, FUND DEVELOPMENT 40.00 X 132863 0 15398 KARI MARTEL VP, MARKETING & COMMUNICATIONS 40.00 X 120565 0 12366 JOHN SINK VP, PROGRAMS 40.00 X 119579 0 14939 692171 0 59844 5 0 1 0 VANCE BROWN INC 3197 PARK BLVD PALO ALTO CA 94306 CONSTRUCTION SERVICES 9482198 OLDER ADULTS TECHNOLOGY SERVICES 168 7TH STREET STE 3A BROOKLYN NY 11215 PROGRAM TECHNOLOGY 202333 NOVATRANS LLC PO BOX 460 MOUNTAIN VIEW CA 94042 TRANSPORTATION SERVICES 166613 XANTRION INC 651 THOMAS L BERKLEY WAY OAKLAND CA 94612 IT/SOFTWARE SERVICES 102099 4 X 157821 894795 3148756 47665 4201372 ADULT DAY HEALTHCARE FEES 624100 1028006 1028006 AVENIDAS VILLAGE 624100 242713 242713 PARTICIPANT AND HEALTH SERVICES 624100 216708 216708 OTHER PROGRAM SERVICES 624100 109010 109010 1596437 812767 812767 3193785 3110279 83506 83506 83506 4625 157821 12919 -8294 -8294 6685788 1596437 0 887979 379176 92688 185378 101110 2776003 2275086 187919 312998 71097 60390 2161 8546 218960 173496 16105 29359 201450 164411 13799 23240 37000 37000 90440 65916 14355 10169 382188 278422 103766 146391 106444 33073 6874 197931 124309 57382 16240 166137 103825 38801 23511 328176 289932 28669 9575 64908 42060 20909 1939 36453 20063 15660 730 34583 34583 320245 290371 21666 8208 132597 99868 25526 7203 TRANSPORTATION SERVICE 243719 243719 OTHER FUNDRAISING EXP. 104208 104208 NUTRITION SERVICE 93964 93964 BANK FEES 34613 24814 9799 47340 25220 22120 6107579 4574998 834088 698493 2283319 1048030 1780173 642537 5953633 913909 395268 481458 131528 167080 22802576 1860590 13273814 20941986 24977631 26504562 2078287 453307 50873653 51152869 2508602 1525982 0 400000 2508602 1925982 X 30646534 47701644 17020818 827544 697699 697699 48365051 49226887 50873653 51152869 578209 283627 0 X 0 1 X 1 0 X 3998764 4630893 10278548 5749232 4201372 28858809 3998764 4630893 10278548 5749232 4201372 28858809 5689772 23169037 575553 836606 632610 930477 812767 3788013 11195 6895 10776 5700 4625 39191 32686013 7416404 0.70880 0.71180 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE - 2014 AMOUNT: $ 11,195. 2015 AMOUNT: $ 6,895. 2016 AMOUNT: $ 10,776. 2017 AMOUNT: $ 5,700. 2018 AMOUNT: $ 4,625. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27110471 1069988 1073279 27107180 26075966 2174505 1140000 27110471 23653634 201961 3230080 1009709 26075966 24838324 31693 -232261 984122 23653634 25191709 603932 957317 24838324 0.97430 0.02570 0.00000 0 0 21471405 1379070 20092335 708445 410200 298245 622726 71320 551406 20941986 X 6928064 283628 36169 319797 6608267 90440 -12919 77521 6685788 6066227 36169 12919 49088 6017139 90440 90440 6107579 PART V, LINE 4: THE PURPOSE OF THE BOARD DESIGNATED ENDOWMENT IS TO FUND OPERATIONS BY PROVIDING AN ANNUAL DISTRIBUTION OF BETWEEN 5.5% AND 3.5% OF THE IMMEDIATE PAST TWELVE QUARTER AVERAGE ROLLING VALUE OF THESE INVESTMENTS. THE EFFECTIVE DISTRIBUTION RATE WAS 4.3% FOR THE YEAR ENDING JUNE 30, 2019 AND 2018. PART X, LINE 2: AVENIDAS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE STATE OF CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION, AVENIDAS HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. AVENIDAS FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, TO ACCOUNT FOR UNCERTAIN TAX POSITIONS. MANAGEMENT HAS CONCLUDED THAT AVENIDAS HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE -12,919. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE 12,919. LIFETIMES OF ACHIEVEMENT 162446 157821 4625 4056 2177 300 6386 162446 157821 4625 4056 2177 300 6386 12919 -8294 X X 0 0 0 0 0 0 0 0 0 AMY ANDONIAN PRESIDENT/CEO 171301 0 0 0 0 0 5130 0 6195 0 182626 0 0 0 MAUREEN BREEN CFO/VP, FINANCE & ADMIN 147863 0 0 0 0 0 4476 0 1340 0 153679 0 0 0 VANCE BROWN INC ENTITY MORE THAN 35% OWNED BY LOREN BROWN, DIRECTOR 8249054 CONSTRUCTION SERVICES 0 X 1 47665 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF DONORS, NOT THE NUMBER OF ITEMS DONATED. PART I, LINE 32B: AVENIDAS WORKS WITH DONATE FOR CHARITY, A THIRD PARTY, TO FACILITATE VEHICLE DONATIONS. DONATE FOR CHARITY ARRANGES FREE PICKUP OF VEHICLES, MANAGE DMV REGISTRATION REQUIREMENTS, AUCTION, SALES, AND ISSUANCE OF ACKNOWLEDGMENT RECEIPTS TO DONORS. FORM 990, PART I, LINE 6: THE VOLUNTEERS PROVIDE RIDES TO SENIORS, TUTORING FOR SCHOOL AGE CHILDREN, PC/MAC COMPUTER CLASSES AND ONE-ON-ONE TUTORING, PREVENTATIVE HEALTH SERVICES (SCREENINGS, BODY WORK, MEDITATION, BLOOD PRESSURE CHECKS), LANGUAGE, CURRENT AFFAIRS AND OTHER LIFELONG LEARNING COURSES, EXERCISE CLASSES AND GROUPS (I.E. WALKING AND BIKING GROUPS), SUPPORT TO STAFF AT OUR ADULT DAY HEALTH CENTER FOR PARTICIPANTS, AND FOR OVERALL AVENIDAS ADMINISTRATION IN THE FORM OF DATA ENTRY, MAILINGS AND OTHER PROJECTS. VOLUNTEERS IN THE VILLAGE HELP WITH OTHER VILLAGE MEMBERS BY SERVING AS MEDPALS (ACCOMPANYING TO DOCTOR APPOINTMENTS), DRIVING AND HELPING AROUND THE HOME. THEY ALSO SERVE ON VARIOUS COMMITTEES IN SUPPORT OF VILLAGE STAFF. FORM 990, PART VI, SECTION A, LINE 4 THE BY-LAWS UPDATED BOARD AND COMMITTEE COMPOSITION AND FORMALIZED THE POSITION OF CFO. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED RESPONSIBILITY FOR REVIEW OF FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD; SUCH COMMITTEE DOES REVIEW THE RETURN BEFORE IT IS FILED. FORM 990 IS SENT TO ALL BOARD MEMBERS VIA EMAIL. QUESTIONS FROM THE BOARD OR COMMITTEE ARE RESPONDED TO VIA EMAIL OR IN MEETINGS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST COMPLIANCE IS REVIEWED ANNUALLY AT A BOARD MEETING. BOARD MEMBERS AND EMPLOYEES WITH SUBSTANTIAL INFLUENCE OVER AVENIDAS ARE REQUIRED TO SIGN THE ORGANIZATION'S "CONFLICT OF INTEREST AND DISCLOSURE STATEMENT" ANNUALLY. ANY DISCLOSED EVENTS, TRANSACTIONS, ARRANGEMENTS OR OTHER SITUATIONS DEEMED TO BE POTENTIALLY A CONFLICT OF INTEREST ARE DISCUSSED WITH THE FULL BOARD AND VOTED ON AS NECESSARY. DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS: THE PRESIDENT & CEO DETERMINES A CONFLICT OF INTEREST WITH REGARD TO AN EMPLOYEE WITHOUT SUBSTANTIAL INFLUENCE OVER AVENIDAS; THE BOARD DETERMINES IF A CONFLICT OF INTEREST EXISTS WITH REGARD TO THE PRESIDENT & CEO OR AN EMPLOYEE WITH SUBSTANTIAL INFLUENCE OVER AVENIDAS; THE REMAINING BOARD MEMBERS DETERMINE IF A CONFLICT OF INTEREST EXISTS WITH REGARD TO A BOARD MEMBER. WITH REGARD TO AN EMPLOYEE WITHOUT SUBSTANTIAL INFLUENCE OVER AVENIDAS, THE PRESIDENT & CEO SHALL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. WITH REGARD TO THE PRESIDENT & CEO, OR AN EMPLOYEE WITH SUBSTANTIAL INFLUENCE OVER AVENIDAS, THE BOARD SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS. IF THERE IS A QUESTION AS TO WHETHER AN EMPLOYEE HAS SUBSTANTIAL INFLUENCE OVER AVENIDAS, THE PRESIDENT & CEO SHALL PRESENT THIS ISSUE TO THE BOARD OF DIRECTORS, AND THE BOARD SHALL RESOLVE THE MATTER. AFTER AN AFFILIATION DISCLOSURE BY A BOARD MEMBER, THE BOARD MEMBER SHALL LEAVE THE MEETING WHILE THE IMPLICATIONS OF THE AFFILIATION ARE CONSIDERED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS THE COMPENSATION OF THE CEO AND CFO ANNUALLY. AS PART OF THESE REVIEWS, THE BOARD EXAMINES PUBLISHED MARKET DATA OF COMPARABLE NONPROFITS IN THE ORGANIZATION'S GEOGRAPHIC AREA. THE CEO REVIEWS THE CFO'S PERFORMANCE AND MAKES A RECOMMENDATION TO THE BOARD REGARDING ANY PROPOSED CHANGES TO THE CFO'S COMPENSATION. AFTER DISCUSSION, THE BOARD VOTES TO APPROVE THE FINAL SALARY ACTION FOR THE CFO. THE TWO MOST RECENT REVIEWS OF THE CFO'S COMPENSATION TOOK PLACE IN JULY 2018 AND SEPTEMBER 2019. AFTER SOLICITING INPUT FROM THE BOARD, THE BOARD CHAIR WRITES AND PRESENTS A REVIEW OF THE CEO'S PERFORMANCE AND MAKES A RECOMMENDATION TO THE BOARD REGARDING ANY PROPOSED CHANGES TO THE CEO'S COMPENSATION. AFTER DISCUSSION, THE BOARD VOTES TO APPROVE THE FINAL SALARY ACTION FOR THE CEO. THE TWO MOST RECENT REVIEWS OF THE CEO'S COMPENSATION TOOK PLACE IN SEPTEMBER 2018 AND SEPTEMBER 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). FORM 990, PART VIII, LINE 1H: IN MARCH 2014, AVENIDAS LAUNCHED A CAMPAIGN TO RAISE FUNDS FOR A PROJECT (CAPITAL PROJECT) INTENDED TO EXPAND AND RENOVATE THE HISTORIC BUILDING IN WHICH AVENIDAS IS HOUSED, WITH THE GOAL OF IMPROVING AND INCREASING THE SERVICES OFFERED. SINCE INCEPTION, THE CAPITAL PROJECT HAS RECEIVED THE FOLLOWING AS PUBLIC SUPPORT: SOURCES: CAMPAIGN-TO-DATE CASH CONTRIBUTIONS AND PLEDGE PAYMENTS RECEIVED $16,795,259 PLEDGES OUTSTANDING 922,028 LESS PLEDGE DISCOUNTS (49,269) TOTAL PUBLIC SUPPORT $17,668,018 THE BOARD HAS ALSO MADE THE FOLLOWING DESIGNATIONS IN SUPPORT OF THE CAPITAL PROJECT: SOURCES: CAMPAIGN-TO-DATE DESIGNATED INVESTMENT RESERVES $ 980,000 UNRESTRICTED BEQUESTS 1,023,400 BOARD DESIGNATED AMOUNTS AVAILABLE FOR CAPITAL PROJECT $ 2,003,400 THE CAPITAL PROJECT WAS COMPLETED IN 2019. SINCE INCEPTION, $19,908,296 WAS EXPENDED FOR THE CAPITAL PROJECT AS FOLLOWS: USES: CAMPAIGN-TO-DATE CONSTRUCTION FEES $14,044,688 ARCHITECTURAL AND DESIGN FEES 1,016,536 PROJECT MANAGEMENT AND FEES 2,971,833 FUNDRAISING EXPENSES 1,282,832 FURNITURE AND EQUIPMENT 592,407 TOTAL USES $19,908,296 HOME EQUITY LOAN PROGRAM FOR SENIORS 450 BRYANT STREET PALO ALTO CA 94301 770004626 REVERSE MORTGAGES CA 501(C)(3) LINE 12D, III-O N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0