2020-08-17T18:41:16-05:00 2020-03-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2019-04-01 460502111 COVIA FOUNDATION COVI 9259567400 2185 N CALIFORNIA BLVD NO 215 WALNUT CREEK CA 94596 KEVIN GERBER PRESIDENT/CEO 9259567400 2020-08-14 1 TRACY S PAGLIA P00366884 4159561500 2020-08-14 24.4.143.237 2020-08-14 16:50:31 PD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8E0636F8289BFB5A57BBD8F67C0A0ED80B8E9726 2019 2020-09-23 17:36:50Z KEVIN GERBER 2185 N CALIFORNIA BLVD NO 215 WALNUT CREEK CA 94596 7955458 0 X WWW.COVIA.ORG X 2002 CA COVIA FOUNDATION RAISES FUNDS AND SUPPORTS THE NEEDS OF COVIA COMMUNITIES. 3 2 3 30 0 0 5162746 6148695 0 0 141982 114516 -39726 -37438 5265002 6225773 4810307 5127661 0 0 674336 662115 0 0 10811 240402 351519 5725045 6141295 -460043 84478 14648387 14302325 4143998 4474979 10504389 9827346 THE MISSION OF COVIA FOUNDATION IS TO SOLICIT CONTRIBUTIONS, INVEST AND MAINTAIN ASSETS AND MAKE DISTRIBUTIONS FOR THE CONTINUING FINANCIAL SUPPORT OF COMMUNITY OUTREACH, ASSISTANCE AND CAPITAL IMPROVEMENT NEEDS OF COVIA COMMUNITIES AND ITS RESIDENTS. 0 0 5219776 5127661 TO ESTABLISH AND MAINTAIN FUNDS TO BENEFIT AND PROVIDE CONTINUING FINANCIAL SUPPORT OF THE CAPITAL, COMMUNITY OUTREACH, FINANCIAL ASSISTANCE, AND OTHER CHARITABLE PURPOSES OF COVIA COMMUNITIES. 5219776 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 3 2 0 0 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 CA X X DIANA JAMISON 9259567400 2185 N CALIFORNIA BLVD 215 WALNUT CREEK CA 94596 CASE GORDON CHAIRMAN (THRU 6/19) 1.00 7.00 X X 0 0 0 COATES SALLY DIRECTOR, CHAIRMAN (START 6/19) 1.00 0.00 X X 0 0 0 HANDELMANN MARGARET DIRECTOR (THRU 6/19) 1.00 0.00 X 0 0 0 LUSSE PATRICIA DIRECTOR (THRU 6/19) 1.00 0.00 X 0 0 0 SCHOENROCK DIANE DIRECTOR 1.00 0.00 X 0 0 0 MILLER KATHARINE EXECUTIVE DIRECTOR 40.00 0.00 X 0 181272 45209 GERBER KEVIN PRESIDENT, CEO 2.00 38.00 X 0 898288 170048 MCMULLIN MARY SECRETARY/CHIEF STRGY & ADV OFFICER 12.00 28.00 X 0 338368 108065 JAMISON DIANA TREASURER, CFO 3.00 37.00 X 0 428305 100449 SCHAEFER RON CHIEF OPERATING OFFICER 2.00 38.00 X 0 404858 121062 BRINTON PRABHJOT K VP HUMAN RESOURCES 1.00 39.00 X 0 231295 73201 POWELL TRACY VP OF COMMUNITY SERVICES 2.00 38.00 X 0 223775 69173 DANA CHRISTOPHER VP OF IT 0.40 39.60 X 0 237833 83393 TOBIN WILLIAM C FORMER GENERAL COUNSEL, CRO 2.00 38.00 X 0 182768 0 0 3126762 770600 0 1 1 0 0 330672 3232309 221818 2363896 6148695 113905 113905 1623053 1622442 611 611 611 69805 330672 107243 -37438 -37438 6225773 0 0 77078 5127661 5127661 514126 514126 40736 40736 81272 81272 25981 25981 23 23 27650 27650 13112 13112 42505 42505 70694 59883 10811 14971 14971 7204 7204 40647 40647 11217 11217 6684 6684 COMMUNITY PROGRAMS 92115 92115 DONOR APPRECIATION 22962 22962 TAXES & LICENSES 300 300 1435 1435 6141295 5219776 910708 10811 6151529 4975150 1099342 882752 22752 17706 7374764 8426717 14648387 14302325 2674 0 241025 203500 3900299 4271479 4143998 4474979 X 1563692 981608 8940697 8845738 10504389 9827346 14648387 14302325 X 84478 -136837 -624684 X 0 1 X 1 0 X X 1 COVIA COMMUNITIES 946130471 10 1 5127661 0 1 5127661 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 664420 -9950 654470 664420 11617 11617 664420 664420 23938 23938 664420 664420 24217 24217 664420 664420 15806 15806 664420 1.00000 0 0 0 CRT & CGA LIABILITY 3935974 DUE TO COVIA COMMUNITIES 335505 4271479 X 5558383 -136837 -624684 -761521 6319904 13112 -107243 -94131 6225773 6235426 107243 107243 6128183 13112 13112 6141295 PART V, LINE 4: ENDOWMENT FUNDS ARE USED FOR ATRIUM AT SLV, BEAUTIFICATION FUND AT WH AND ASSISTANCE FOR RESIDENTS. $156,406 IS THE NUTTER FUND FOR THE SLV ATRIUM; $498,064 IS FOR ASSISTANCE FUNDS AND THE BEAUTIFICATION FUND FOR WH. PART X, LINE 2: THE FOUNDATION ADOPTED THE PROVISIONS OF THE ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740-10, INCOME TAXES, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS, WHICH HAD NO FINANCIAL STATEMENT IMPACT TO THE FOUNDATION. THE FOUNDATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FOUNDATION RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN SUPPORT SERVICES EXPENSES. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGES IN SPLIT INTEREST GIFT AGREEMENTS -624,684. PART XI, LINE 4B - OTHER ADJUSTMENTS: RECLASS OF SPECIAL EVENT EXPENSES -107,243. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECLASS OF SPECIAL EVENT EXPENSES 107,243. CELTIC CUP 362062 300972 61090 217 37721 3117 8331 36689 TASTEFUL AFFAIR 38415 29700 8715 8715 1343 3000 8110 400477 330672 69805 217 46436 4460 11331 44799 107243 -37438 1 COVIA COMMUNITIES 2185 N CALIFORNIA BLVD SUITE 215 WALNUT CREEK CA 94596 946130471 501(C)(3) 5127661 GENERAL SUPPORT TO COVIA COMMUNITIES 1 0 PART I, LINE 2: COVIA FOUNDATION GRANTS FUNDS TO COVIA COMMUNITIES TO PAY FOR ASSISTANCE & OUTREACH SERVICES, CHAPEL SERVICES AND COMMUNITY SERVICES. 1 1 0 0 0 0 1 0 0 MILLER KATHARINE EXECUTIVE DIRECTOR 0 157362 0 23910 0 0 0 31591 0 13618 0 226481 0 0 GERBER KEVIN PRESIDENT, CEO 0 511710 0 87758 0 298820 0 150633 0 19415 0 1068336 0 298820 MCMULLIN MARY SECRETARY/CHIEF STRGY & ADV OFFICER 0 285418 0 52950 0 0 0 70312 0 37753 0 446433 0 0 JAMISON DIANA TREASURER, CFO 0 321349 0 62852 0 44104 0 83030 0 17419 0 528754 0 44104 SCHAEFER RON CHIEF OPERATING OFFICER 0 338855 0 66003 0 0 0 84037 0 37025 0 525920 0 0 BRINTON PRABHJOT K VP HUMAN RESOURCES 0 202779 0 28516 0 0 0 48025 0 25176 0 304496 0 0 POWELL TRACY VP OF COMMUNITY SERVICES 0 175678 0 27510 0 20587 0 43973 0 25200 0 292948 0 20587 DANA CHRISTOPHER VP OF IT 0 177812 0 30499 0 29522 0 46614 0 36779 0 321226 0 29522 TOBIN WILLIAM C FORMER GENERAL COUNSEL, CRO 0 62654 0 0 0 120114 0 0 0 0 0 182768 0 38376 PART I, LINES 4A-B LINE 4A - WILLIAM TOBIN RECEIVED A SEVERANCE PAYMENT DURING THE YEAR OF $81,738. LINE 4B - COVIA COMMUNITIES HAS A 457F PLAN FOR THE FOLLOWING INDIVIDUALS. THE PARTICIPANTS OF THE PLAN ARE THOSE EMPLOYEES WHO ARE ADMINISTRATORS AND OFFICERS OF COVIA COMMUNITIES AND ITS AFFILIATES. ADMINISTRATORS ARE THE EXECUTIVE DIRECTORS OF THE COMMUNITIES. FROM TIME TO TIME THE BOARD MAY DESIGNATE ADDITIONAL OFFICERS AND ADMINISTRATORS. KEVIN GERBER WILLIAM TOBIN DIANA JAMISON TRACY POWELL CHRISTOPHER DANA PRABHJOT BRINTON MARY MCMULLIN RON SCHAEFER KATHARINE MILLER PART I, LINE 6 COVIA COMMUNITIES MAINTAINS A SUCCESS SHARING PROGRAM FOR ALL EMPLOYEES, INCLUDING THE SENIOR EXECUTIVES, WHICH IS BASED UPON THE FOLLOWING FACTORS, IN DECREASING ORDER OF IMPORTANCE: 1. WHETHER COVIA COMMUNITIES IS MEETING ITS QUALITY BENCHMARKS IN DELIVERING SERVICES TO ITS RESIDENTS. THIS FACTOR IS DETERMINED BY THE QUALITY FIRST COMMITTEE OF THE BOARD OF DIRECTORS. THE PERFORMANCE MEASURES EVALUATED INCLUDE ITEMS SUCH AS THE RESIDENT SATISFACTION SURVEY, EMPLOYEE SATISFACTION SURVEY, TURNOVER, WORKERS COMPENSATION, AND FINANCIAL RESULTS. REGARDLESS OF ANY OF THE REMAINING FACTORS, NO INCENTIVES ARE PAID IF THE QUALITY MEASURE IS NOT MET. 2. THE AMOUNT OF ACTUAL NET OPERATING INCOME ACHIEVED COMPARED TO THE BUDGETED NET OPERATING INCOME. INCENTIVE PAYMENTS FUNDED, IF ANY, ARE BASED ON A SLIDING SCALE UP TO 40% OF THE PARTICIPANT'S BASE COMPENSATION DEPENDING UPON THE ACTUAL LEVEL OF PERFORMANCE. A MINIMUM LEVEL OF PERFORMANCE AGAINST BUDGET MUST BE ACHIEVED IN ORDER TO PAY OUT ANY INCENTIVES. 3. THE ACTUAL OCCUPANCY RATE ACHIEVED COMPARED TO THE BUDGETED OCCUPANCY RATE. A MINIMUM LEVEL OF PERFORMANCE AGAINST BUDGET MUST BE ACHIEVED IN ORDER TO PAY OUT ANY INCENTIVES. SCHEDULE J, PART I ALL OF THE EMPLOYEES LISTED ON FORM 990 PART VII SECTION A --OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES-- ARE EMPLOYED AND COMPENSATED BY COVIA COMMUNITIES. COVIA COMMUNITIES REPORTS 100% OF THE INDIVIDUAL'S COMPENSATION ON W-2'S ISSUED BY COVIA COMMUNITIES. HOWEVER, SOME OF THESE EMPLOYEES ARE ASSIGNED DUTIES FOR OTHER RELATED ORGANIZATIONS (SEE SCHEDULE R FOR ADDITIONAL INFORMATION REGARDING THESE RELATED ORGANIZATIONS). SCHEDULE J, PART II, COLUMN C: THE AMOUNT REPORTED IN COLUMN C INCLUDES THE AMOUNT ACCRUED UNDER THE 457(F) PLAN FOR EACH PARTICIPANT DURING THE CURRENT YEAR. THIS AMOUNT WILL AGAIN BE REPORTED IN COLUMN F IN THE SUBSEQUENT YEAR IN WHICH THE AMOUNT BECOMES VESTED AND IS ACTUALLY PAID TO THE PARTICIPANT. FORM 990, PART VI, SECTION A, LINE 6 COVIA COMMUNITIES IS THE SOLE CORPORATE MEMBER OF COVIA FOUNDATION. COVIA COMMUNITIES HAS THE RIGHT TO APPOINT ALL THE MEMBERS OF THE COVIA FOUNDATION AND THE RIGHT TO DETERMINE THE DISTRIBUTION OF ASSETS ON THE LIQUIDATION OF COVIA FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD SHALL CONSIST OF A RANGE BETWEEN FIVE (5) AND TWENTY-FIVE (25) MEMBERS, THE ACTUAL NUMBER TO BE FIXED FROM TIME TO TIME BY RESOLUTION OF THE BOARD OF THE CORPORATION. THE MEMBERS OF THE BOARD SHALL BE APPOINTED BY THE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B SEE RESPONSE TO FORM 990, PART VI, QUESTION 6. FORM 990, PART VI, SECTION A, LINE 8B COVIA FOUNDATION DOES NOT HAVE COMMITTEES TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE CFO CONDUCTED A COMPLETE AND THOROUGH REVIEW OF THE FORM 990. AN ELECTRONIC COPY OF THE FORM 990 WAS SENT VIA EMAIL DIRECTLY TO EACH BOARD MEMBER FOR THEIR REVIEW AND COMMENTS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS REVIEWED ON A TRANSACTION BASIS. THE POLICY APPLIES TO ALL INTERESTED PERSONS INCLUDING ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IN THE ORGANIZATION. ANY OFFICER OR BOARD MEMBER HAVING A POSSIBLE CONFLICT OF INTEREST IN ANY MATTER MUST DISCLOSE THE EXISTENCE AND NATURE OF THE CONFLICT. AFTER DISCLOSURE OF A POTENTIAL CONFLICT OF INTEREST TO THE BOARD, THE INTERESTED OFFICER OR BOARD MEMBER WOULD LEAVE THE BOARD MEETING WHILE THE CONFLICT OF INTEREST IS DISCUSSED AND/OR VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 SENIOR MANAGEMENT EMPLOYEES LISTED IN PART VII ARE EMPLOYEES OF COVIA COMMUNITIES, A RELATED ORGANIZATION. THEY ARE PAID AND ISSUED W-2S BY COVIA COMMUNITIES. COVIA COMMUNITIES USES AN INDEPENDENT CONSULTANT WHO ANALYZES AND REPORTS ON REASONABILITY OF COMPENSATION EVERY TWO YEARS. THE CONSULTANT IS INDEPENDENT OF MANAGEMENT AND REPORTS DIRECTLY TO THE CHAIRMAN OF THE BOARD. THE CONSULTANT REVIEWS AND PROVIDES A REPORT ON ANY ISSUES WITH THE COMPENSATION THE CEO AND/OR THE CFO RECEIVE INCLUDING ANY ISSUES AROUND EXCESS COMPENSATION. ADDITIONALLY, ALL KEY EXECUTIVES COMPENSATION ARE REVIEWED BY THE CONSULTANT. THIS REVIEW INCLUDES TOTAL CASH COMPENSATION AND BENEFITS INCLUDING RETIREMENT PLANS. EVERY YEAR, THE VICE PRESIDENT OF HUMAN RESOURCES REVIEWS THE COMPENSATION FOR ALL MANAGEMENT AGAINST MARKET ANALYSIS GUIDELINES AND RECOMMENDS CHANGES. THIS REVIEW ALSO INCLUDES A TEST OF BENEFITS AGAINST SIMILAR COMPANIES. FORM 990, PART VI, SECTION C, LINE 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE, WWW.COVIA.ORG. THE GOVERNING/ORGANIZING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGES IN SPLIT INTEREST GIFT AGREEMENTS -624,684. COVIA COMMUNITIES 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 946130471 PROVIDE HOUSING AND SERVICES TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 10 COVIA GROUP 0 COVIA GROUP 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 941591805 PARENT ORGANIZATION CA 501(C)(3) LINE 12C, III-FI N/A 0 PRESIDIO GATE APARTMENTS 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 680012837 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 7 COVIA AFFORDABLE COMMUNITIES 0 OAK CENTER TOWERS 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 942148270 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 JENNINGS SENIOR HOUSING INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 113754507 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 COVIA AFFORDABLE COMMUNITIES 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 943382412 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 12B, II COVIA GROUP 0 COMMUNITY HOUSING INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 942264235 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 LYTTON IV HOUSING CORPORATION 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 770324027 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 LYTTON GARDENS INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 942670036 DORMANT CA 501(C)(3) LINE 3 COVIA GROUP 0 SHIRES MEMORIAL CENTER 180 N 4TH STREET SAN JOSE CA 95112 941558214 PROVIDE AFFORDABLE HOUSING TO ELDERLY PERSONS CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 BETHANY CENTER SENIOR HOUSING INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 952593423 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 BETHANY CENTER FOUNDATION OF SAN FRANCISCO 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 203282466 SUPPORTING ORGANIZATION TO BETHANY CENTER SENIOR HOUSING, INC. CA 501(C)(3) LINE 12A, I BETHANY CENTER SENIOR HOUSING INC 0 OAK CENTERS LP 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 522456294 PROVIDE AFFORDABLE HOUSING TO ELDERLY CA N/A CHARITABLE REMAINDER TRUSTS (13) 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 CHARITABLE REMAINDER TRUSTS CA COVIA FOUNDATION T 0 CHARITABLE ANNUITY TRUSTS (2) 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 CHARITABLE ANNUITY TRUSTS CA COVIA FOUNDATION T 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0