2018-03-23T09:20:44-05:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 10700 NORTHUP WAY SUITE 200 BELLEVUE WA 98004 990 2017-01-01 910824085 RIVERVIEW LUTHERAN RETIREMENT COMMUNITY OF SPOKANE RIVE 5094836483 1801 EAST UPRIVER DRIVE SPOKANE WA 99207 CHARLES G TIRRELL PRESIDENT & CEO 5094836483 2018-03-16 1 KURT BENNION CPA P01469618 4252506100 2017 2022-09-23 18:48:47Z RIVERVIEW RETIREMENT COMMUNITY CHARLES G TIRRELL 1801 EAST UPRIVER DRIVE SPOKANE WA 99207 26941115 0 X WWW.RIVERVIEWRETIREMENT.ORG X 1965 WA PROVIDE HEALTH CARE, HOUSING AND SERVICES IN A CHRIST-CENTERED ENVIRONMENT. 12 12 456 40 0 0 6763317 52911 20537971 19843389 469495 853466 257189 343323 28027972 21093089 1359736 13706 0 0 11496823 11890586 0 0 0 9850664 9884590 22707223 21788882 5320749 -695793 49198109 56618226 48554214 55680918 643895 937308 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 7968327 370 10995275 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 AND OCCUPATIONAL THERAPY SERVICES EVERY DAY OF THE WEEK. IN 2017, THIS FACILITY WAS WELL UTILIZED WITH 92.0% AVERAGE OCCUPANCY. 6004134 13336 6903292 RIVERVIEW TERRACE PROVIDES INDEPENDENT AND ASSISTED LIVING SERVICES IN 133 APARTMENTS THAT BENEFIT ABOUT 150 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 CHAPLAIN AND CHAPEL, BEAUTY SALON, LIBRARY, COFFEE SHOP, AND A SPECIAL EVENT PRIVATE DINING ROOM. RESIDENTS REMIT MONTHLY PAYMENTS FOR INDEPENDENT AND ASSISTED LIVING SERVICES. IN 2017, THIS FACILITY HAD 86.3% AVERAGE OCCUPANCY. 738592 0 1944822 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 MAINTENANCE FEE. IN 2017, THIS FACILITY HAD 97.9% AVERAGE OCCUPANCY. 14711053 1 1 0 1 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 80 0 456 1 0 0 0 0 0 0 0 0 0 0 X 12 12 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 LARRY MUNDAHL CHAIR (THROUGH APRIL 2017) 1.00 0.00 X X 0 0 0 DONN GEHRET TRUSTEE & CHAIR 1.00 0.50 X X 0 0 0 STEVE CARLSON VICE CHAIR 1.00 0.00 X X 0 0 0 DON KENNEDY SECRETARY 1.00 0.00 X X 0 0 0 DAVE TROYKE TREASURER (THROUGH APRIL 2017) 1.00 0.00 X X 0 0 0 JOHN WHITCOMB TREASURER 1.00 0.00 X X 0 0 0 BRIAN ALBRECHT TRUSTEE (THROUGH APRIL 2017) 1.00 0.00 X 0 0 0 SHANNA CEJKA TRUSTEE 1.00 0.00 X 0 0 0 GARY CLARK TRUSTEE 1.00 0.00 X 0 0 0 DAVID COOK TRUSTEE (THROUGH APRIL 2017) 1.00 0.00 X 0 0 0 DENNIS FIESS TRUSTEE 1.00 0.00 X 0 0 0 SYLVIA HEDRICK TRUSTEE 1.00 0.00 X 0 0 0 BILL LENZ TRUSTEE 1.00 0.00 X 0 0 0 BETSY NEWMAN TRUSTEE 1.00 0.00 X 0 0 0 LINDA ROEDL TRUSTEE 1.00 0.00 X 0 0 0 KRISTINE WALKER TRUSTEE 1.00 0.00 X 0 0 0 CHARLES TIRRELL PRESIDENT & CEO 44.50 0.50 X 196342 0 34266 MICHAEL DREW VP - FINANCE 45.00 0.00 X 169736 0 42368 MARGARET PEGGY SODEN VP - ADMINISTRATIVE SERVICES 45.00 0.00 X 132933 0 25883 JONATHAN DRESBACK DIRECTOR OF NURSING 40.00 0.00 X 111438 0 23146 610449 0 125663 4 0 1 0 CONSONUS REHAB 4560 SE INTERNATIONAL WAY SUITE 10 MILWAUKIE OR 97222 THERAPY SERVICES 3517126 BOUTEN CONSTRUCTION COMPANY PO BOX 3507 SPOKANE WA 99220 CONSTRUCTION 1399180 YOST GALLAGHER CONSTRUCTION PO BOX 2983 SPOKANE WA 99220 CONSTRUCTION 691442 NAC ARCHITECTURE 1203 W RIVERSIDE AVE SPOKANE WA 99207 CONSTRUCTION 550443 PAINE HAMBLEN LLP 717 W SPRAGUE AVE STE 1200 SPOKANE WA 99201 LEGAL SERVICES 540004 6 52911 52911 NET PATIENT SERVICE REVENUE 623000 19843389 19843389 19843389 425750 425750 18084 0 18084 18084 18084 6273742 2000 5846317 1709 427425 291 427716 427716 OTHER RESIDENT FEES 900099 172787 172787 MEAL REVENUES 900099 119275 119275 MISCELLANEOUS INCOME 900099 33177 33177 325239 21093089 19843389 0 1196789 7186 7186 6520 6520 474590 22910 451680 9238817 7998123 1240694 126744 88383 38361 1342146 1158225 183921 708289 597450 110839 313447 313447 32910 32910 76406 76406 1585570 1496521 89049 176773 1849 174924 166631 166631 290183 290183 1094436 1094436 115856 31126 84730 2048 2048 751752 751752 2346015 2346015 168054 168054 FOOD 804884 804884 NON-MEDICAL SUPPLIES 684025 684025 MEDICAL SUPPLIES 425605 424085 1520 TAXES 268558 268558 581437 295330 286107 21788882 14711053 7077829 0 492274 3739086 1415406 6302439 886707 1003612 73266 89738 61148443 28348812 30128602 32799631 16201854 12683720 49198109 56618226 2106125 2575650 31549826 32506091 14746005 20445012 14258 10165 138000 144000 48554214 55680918 X 384636 678049 259259 259259 643895 937308 49198109 56618226 -695793 989206 0 X 0 1 X 1 0 X 5219 634 1484 6763317 52911 6823565 7666193 8646795 10448045 20537971 19843389 67142393 7671412 8647429 10449529 27301288 19896300 73965958 0 0 0 73965958 107977 171509 164173 446675 442150 1332484 107977 171509 164173 446675 442150 1332484 114475 64581 41682 249119 469857 7893864 8883519 10655384 27997082 20338450 75768299 0.97620 0.97670 0.01760 0.01560 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 1 511 511 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 418168 57243 17747 457664 259259 150029 27558 18678 418168 259259 22421 22421 259259 259259 6597 6597 259259 299259 40414 80414 259259 0.43350 0.56650 0.00000 1 0 3871299 3871299 27532097 16685186 10846911 22835900 8801152 14034748 5411484 2862474 2549010 1497663 1497663 32799631 APPLICANT DEPOSITS 144000 144000 X 22011233 989206 989206 21022027 71062 71062 21093089 21717821 0 21717821 71062 71062 21788883 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 STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 32898 EAST ASIA AND THE PACIFIC 0 0 INVESTMENTS 676417 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 721702 MIDDLE EAST AND NORTH AFRICA 0 0 INVESTMENTS 45301 NORTH AMERICA 0 0 INVESTMENTS 142672 RUSSIA AND NEIGHBORING STATES 0 0 INVESTMENTS 78624 SOUTH AMERICA 0 0 INVESTMENTS 292675 SOUTH ASIA 0 0 INVESTMENTS 162408 SUB-SAHARAN AFRICA 0 0 INVESTMENTS 73677 0 0 0 0 0 0 2152697 73677 2226374 0 0 0 0 0 0 1 EMPLOYEE EDUCATIONAL ASSISTANCE 2 6520 PART I, LINE 2: 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 0 1 0 0 0 1 0 1 0 CHARLES TIRRELL PRESIDENT & CEO 196342 0 0 0 0 0 24873 0 9393 0 230608 0 0 0 MICHAEL DREW VP - FINANCE 160756 0 0 0 8980 0 23035 0 19333 0 212104 0 0 0 MARGARET PEGGY SODEN VP - ADMINISTRATIVE SERVICES 132933 0 0 0 0 0 16910 0 8973 0 158816 0 0 0 PART I, LINE 1A THE ORGANIZATION PAID $385 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. 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, LINE 4B 457(F) PLAN CONTRIBUTIONS: CHARLES TIRRELL - $17,703 MICHAEL DREW - $15,954 MARGARET (PEGGY) SODEN - $12,164 THERE WERE NO DISTRIBUTIONS FROM THE 457(F) PLAN. PART I, LINE 6 THE DIRECTORS OF NURSING SERVICES MAY RECEIVE A BONUS BASED ON SEVERAL FACTORS, ONE OF WHICH IS OPERATING INCOME. 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 705000 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, ALTHOUGH DISCLOSURE FORMS WERE NOT COMPLETED IN 2017. 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 2017. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE ONLINE THROUGH THE EMMA WEBSITE (BOND OFFERING). THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. RIVERVIEW RESIDENT ASSISTANCE FOUNDATION 1801 EAST 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