2017-10-26T13:49:36-05:00 2017-03-31 910189318 Moss Adams LLP 101 Second Street Suite 900 San Francisco CA 94105 990 2016-04-01 460502111 Episcopal Senior Communities Foundation EPIS 9259567400 2185 N California Blvd Suite 575 Walnut Creek CA 94596 KEVIN GERBER President/CEO 9259567400 2017-10-26 1 Tracy S Paglia P00159653 4159561500 2017-10-26 12.129.7.100 2017-10-26 13:43:27 PD 94022820172260356e04 2017-08-14 P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 77D8D66CE2F074441361C0A43DEB59CA8CC3760F 2016 2021-01-29 14:40:06Z X KEVIN GERBER 2185 N California Blvd Suite 575 Walnut Creek CA 94596 9147939 0 X www.jtm-esc.org X 2002 CA THE MISSION OF ESCF 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 EPISCOPAL SENIOR COMMUNITIES AND ITS RESIDENTS. 8 8 12 25 0 0 3291858 2019947 0 0 182848 141732 195351 -25715 3670057 2135964 518260 1166514 0 0 661781 656526 0 0 22081 992910 317934 2172951 2140974 1497106 -5010 14148282 13941913 4146153 3982305 10002129 9959608 THE MISSION OF ESCF 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 EPISCOPAL SENIOR COMMUNITIES AND ITS RESIDENTS. 0 0 1229204 1166514 TO ESTABLISH AND MAINTAIN FUNDS TO BENEFIT AND PROVIDE CONTINUING FINANCIAL SUPPORT OF THE CAPITAL, COMMUNITY OUTREACH, FINANCIAL ASSISTANCE, AND OTHER CHARITABLE PURPOSES OF THE EPISCOPAL SENIOR COMMUNITIES. 1229204 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 0 0 12 1 0 0 0 0 0 1 1 0 0 0 0 X 8 8 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 575 walnut creek CA 94596 Case Gordon Chairman 1.00 0.00 X X 0 0 0 Coates Sally Director 1.00 0.00 X 0 0 0 Englehart Hays Director 1.00 0.00 X 0 0 0 Handelmann Margaret Director 1.00 0.00 X 0 0 0 Lusse Patricia Director 1.00 0.00 X 0 0 0 Schoenrock Diane Director 1.00 0.00 X 0 0 0 Skaggs Sanford Ex offico ESC BOD 1.00 5.00 X 0 0 0 Sheehy Joanne Director 1.00 0.00 X 0 0 0 Gerber Kevin President, CEO 2.00 38.00 X 21530 409068 117638 Tobin William C General Counsel, Chief Risk Officer 2.00 38.00 X 19521 370899 94900 McMullin Mary SR. VP ORG'L ADV. (starting 2/17) 12.00 28.00 X 0 0 0 Campbell Dee Ann SR. VP ORG'L ADV. (thru 12/16) 12.00 28.00 X 137463 320748 68383 Jamison Diana Treasurer, CFO 3.00 37.00 X 25578 315460 88783 Brinton Prab VP Human Resources (starting 1/17) 1.00 39.00 X 0 0 0 Oliveri Rick VP Human Resources (thru 1/17) 1.00 39.00 X 4754 185421 26541 Powell Tracy VP of Outreach Programs 2.00 38.00 X 9689 184092 61094 Dana Christopher VP of IT 0.40 39.60 X 1815 179677 72861 Feddersen Denisa Corporate Controller 4.00 36.00 X 15600 140405 24905 235950 2105770 555105 1 0 1 0 0 263460 880177 77000 799310 2019947 92945 92945 6963700 6914913 48787 48787 48787 71347 263460 97062 -25715 -25715 2135964 0 0 116017 1166514 1166514 275444 275444 240423 240423 54562 54562 61735 61735 24362 24362 780 780 22000 22000 31492 31492 36442 36442 68401 46320 22081 8281 8281 5896 5896 34126 34126 6024 6024 6322 6322 Social programs 62690 62690 DONOR APPRECIATION 32261 32261 TAXES & LICENSES 1754 1754 1465 1465 2140974 1229204 889689 22081 5304703 6189298 2100200 833159 11136 8169 6553827 6756166 178416 155121 14148282 13941913 60536 187 80200 125676 4005417 3856442 4146153 3982305 X 623918 873907 8713791 8421281 664420 664420 10002129 9959608 14148282 13941913 X -5010 120242 -157753 X 0 1 X 1 0 X X 1 EPISCOPAL SENIOR COMMUNITIES 946130471 10 1 1166514 0 1 1166514 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 24217 24217 664420 664420 15806 15806 664420 654420 10000 47016 47016 664420 654420 69147 69147 654420 654420 35205 35205 654420 1.00000 0 0 0 CRT & CGA Liability 3626115 Due to EPISCOPAL SENIOR COMMUNITIES 230327 3856442 X 2164023 120242 -157753 -37511 2201534 31492 -97062 -65570 2135964 2206544 97062 97062 2109482 31492 31492 2140974 Part V, Line 4: ENDOWMENT FUND EARNINGS ARE USED FOR ATRIUM AT SLV AND ASSISTANCE FOR RESIDENTS. $158,784 IS THE NUTTER FUND FOR THE SLV ATRIUM; $10,000 IS FOR WEBSTER HOUSE BYRD FUND; AND $495,636 IS FOR ASSISTANCE FUNDS. 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 ESCF. ESCF 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. ESCF recognizes interest and penalties related to income tax matters in operating expenses. Part XI, Line 2d - Other Adjustments: Changes in split interest gift agreements -157,753. Part XI, Line 4b - Other Adjustments: RECLASS OF SPECIAL EVENT EXPENSES -97,062. Part XII, Line 2d - Other Adjustments: RECLASS OF SPECIAL EVENT EXPENSES 97,062. CELTIC CUP 303552 249145 54407 773 12968 12840 22661 4775 27827 Tasteful Affair 31255 14315 16940 725 5215 3257 450 5571 334807 263460 71347 773 13693 18055 25918 5225 33398 97062 -25715 1 Episcopal Senior Communities 2185 n california blvd suite 575 walnut creek CA 94596 946130471 501(c)(3) 1166514 GENERAL SUPPORT TO EPISCOPAL SENIOR COMMUNITIES 1 0 Part I, Line 2: EPISCOPAL SENIOR COMMUNITIES FOUNDATION GRANTS FUNDS TO ESC TO PAY FOR ASSISTANCE & OUTREACH SERVICES, CHAPEL SERVICES AND COMMUNITY SERVICES. 0 1 0 0 0 0 1 0 0 Gerber Kevin President, CEO 17530 333068 4000 76000 0 0 4726 89789 1156 21967 27412 520824 0 0 Tobin William C General Counsel, Chief Risk Officer 14117 268220 3612 68628 1792 34051 3727 70812 1018 19343 24266 461054 1792 34051 Campbell Dee Ann SR. VP ORG'L ADV. (thru 12/16) 77118 179942 17472 40768 42873 100038 13059 30471 7456 17397 157978 368616 42873 100038 Jamison Diana Treasurer, CFO 19906 245505 5672 69955 0 0 5452 67243 1207 14881 32237 397584 0 0 Oliveri Rick VP Human Resources (thru 1/17) 3939 153624 815 31797 0 0 452 17615 212 8262 5418 211298 0 0 Powell Tracy VP of Outreach Programs 7984 151697 1705 32395 0 0 1981 37631 1074 20408 12744 242131 0 0 Dana Christopher VP of IT 1447 143264 368 36413 0 0 404 40040 324 32093 2543 251810 0 0 Feddersen Denisa Corporate Controller 14134 127208 1466 13197 0 0 1482 13339 1008 9076 18090 162820 0 0 Part I, Line 4b WE HAVE A 457F PLAN FOR THE FOLLOWING INDIVIDUALS. THE PARTICIPANTS OF THE PLAN ARE THOSE EMPLOYEES WHO ARE ADMINISTRATORS AND OFFICERS OF EPISCOPAL SENIOR COMMUNITIES (ESC) 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 DEE ANN CAMPBELL DIANA JAMISON TRACY POWELL CHRISTOPHER DANA PRAB BRINTON MARY MCMULLIN Part I, Line 6 EPISCOPAL SENIOR COMMUNITIES (ESC) 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 ESC 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 EPISCOPAL SENIOR COMMUNITIES (ESC). ESC REPORTS 100% OF THE INDIVIDUAL'S COMPENSATION ON W-2'S ISSUED BY ESC. HOWEVER, SOME OF THESE EMPLOYEES ARE ASSIGNED DUTIES FOR OTHER RELATED ORGANIZATIONS (SEE SCHEDULE R FOR ADDITIONAL INFORMATION REGARDING THESE RELATED ORGANIZATIONS). AS A RESULT OF THESE ASSIGNMENTS, WAGE AND BENEFIT COSTS ARE ALLOCATED TO RELATED ORGANIZATIONS. THE WAGE AND BENEFIT COSTS ALLOCATED TO EACH ORGANIZATION ARE REPORTED FOR EACH INDIVIDUAL AS BEING COMPENSATED DIRECTLY FROM THAT ORGANIZATION AND THE BALANCE OF COMPENSATION IS REPORTED AS COMPENSATION FROM 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 Episcopal Senior Communities (ESC) is the sole corporate member of Episcopal Senior Communities Foundation (ESCF). ESC has the right to appoint all the members of ESCF and the right to determine the distribution of assets on the liquidation of ESCF. 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 Episcopal Senior Communities Foundation does not have committees to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b CFO AND GENERAL COUNSEL 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 C, line 19 THE AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION's WEBSITE, JTM-ESC.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 -157,753. AMENDED TAX RETURN STATEMENT EPISCOPAL SENIOR COMMUNITIES FOUNDATION'S TAX RETURN IS BEING AMENDED FOR THE 3/31/17 TAX YEAR. THE RETURN IS BEING AMENDED DUE TO A CHANGE IN PUBLIC CHARITY STATUS ON SCHEDULE A. ON THE ORIGINALLY FILED TAX RETURN, THE ORGANIZATION WAS MARKED AS AN ORGANIZATION THAT NORMALLY RECEIVES A SUBSTANTIAL PART OF ITS SUPPORT FROM A GOVERNMENTAL UNIT OR FROM THE GENERAL PUBLIC DESCRIBED IN SECTION 170(B)(1)(A)(VI) (Box 7). THE ORGANIZATION DECIDED AFTER THE RETURN WAS FILED THAT IT WAS INCORRECT REPORTING AND WANTED TO REVERT BACK TO WHAT THEY HISTORICALLY HAD BEEN FILING AS, WHICH WAS A TYPE I 509(A)(3) ORGANIZATION. THE AMENDED RETURN HAS BOX 12 AND TYPE I CORRECTLY MARKED WITH THE APPROPRIATE SECTIONS OF SCHEDULE A COMPLETED, WHICH ARE PART IV, SECTIONS A AND B. EPISCOPAL SENIOR COMMUNITIES 2185 N California Blvd STE 575 walnut creek CA 94596 946130471 Provide housing AND SERVICES to elderly and disabled persons CA 501(c)(3) Line 10 SENIOR RESOURCES OF THE WEST 0 Senior Resources of the West 2185 N California Blvd STE 575 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 575 walnut creek CA 94596 680012837 Provide affordable housing to elderly and disabled persons CA 501(c)(3) Line 7 Lytton Gardens Senior Communities 0 OAK CENTER TOWERS 2185 N California Blvd STE 575 walnut creek CA 94596 942148270 Provide affordable housing to elderly and disabled persons CA 501(c)(3) Line 10 Lytton Gardens Senior Communities 0 JENNINGS SENIOR HOUSING INC 2185 N California Blvd STE 575 walnut creek CA 94596 113754507 Provide affordable housing to elderly and disabled persons CA 501(c)(3) Line 10 Lytton Gardens Senior Communities 0 Lytton Gardens Senior Communities 2185 N California Blvd STE 575 walnut creek CA 94596 943382412 Provide affordable housing to elderly and disabled persons CA 501(c)(3) Line 12b, II SENIOR RESOURCES OF THE WEST 0 Community Housing Inc 2185 N California Blvd STE 575 walnut creek CA 94596 942264235 Provide affordable housing to elderly and disabled persons CA 501(c)(3) Line 10 Lytton Gardens Senior Communities 0 Lytton IV HOUSING CORPORATION 2185 N California Blvd STE 575 walnut creek CA 94596 770324027 Provide affordable housing to elderly and disabled persons CA 501(c)(3) Line 10 Lytton Gardens Senior Communities 0 OAK CENTERS LP 2185 N California Blvd STE 575 walnut creek CA 94596 522456294 Provide affordable housing to elderly CA N/A CHARITABLE REMAINDER TRUSTS (10) 2185 N CALIFORNIA BLVD STE 575 WALNUT CREEK CA 94596 Charitable Remainder Trusts CA ESCF T 0 CHARITABLE ANNUITY TRUSTS (4) 2185 N CALIFORNIA BLVD STE 575 WALNUT CREEK CA 94596 CHARITABLE ANNUITY TRUSTS CA ESCF T 0 0 1 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0