2025-11-14T17:25:19-06:00 2024-12-31 390859910 Baker Tilly Advisory Group LP 21700 Oxnard St Ste 300 Woodland Hills CA 91367 990 2024-04-15 992718968 Genesis Capital Improvements Foundation Inc GENE 9164060000 1 Adventist Health Way Roseville CA 956613266 Brandon Seibold Chief Financial Officer 9164060000 2025-11-12 1 1 Lauren A Haverlock P00545829 8185771900 2025-11-12 2024 2025-03-06 01:10:19Z X John Beaman 1 Adventist Health Way Roseville CA 956613266 18964832 0 1071 X N/A X 2024 DE To receive and maintain a fund or funds of real or personal property, or both and, subject to the restrictions and limitations exclusively for charitable and religious purposes for its supported organizations: Adventist Health System/West and the Pacific Union Conference of Seventh-day Adventists, both California nonprofit religious corporations. 4 0 0 0 0 0 0 17047375 1917457 0 18964832 0 0 0 0 0 25643992 25643992 -6679160 511167913 517803753 -6635840 X GCIFI is a nonprofit organization organized to receive and maintain a fund or funds of real or personal property, or both and, subject to the restrictions and limitations exclusively for charitable and religious purposes for its supported organizations: Adventist Health System/West and the Pacific Union Conference of Seventh-day Adventists, both California nonprofit religious corporations. 0 0 25643992 0 17047375 GCIFI's purposes shall include but not be limited to providing educational, financial, and operational support to the Publicly Supported Organizations. Activities in support of such purposes shall be limited to: (i) owning, acquiring, purchasing and holding membership interests, shares or other equity interests issued from time to time by limited purpose, bankruptcy remote entities organized and formed by a Publicly Supported Organization in furtherance of such Publicly Supported Organization's mission (each such entity, a "Project Entity"), (ii) pledging the membership interests, shares or other equity interests in the Project Entity, (iii) receiving distributions, payments or other amounts on account of the membership interests, shares or other equity interests in the Project Entity and make distributions or other payments to the Publicly Supported Organizations; (iv) investing monies, making expenditures and otherwise distributing money for the benefit of the Publicly Supported Organizations; and (v) engaging in any ancillary or related activities in furtherance of the foregoing. 25643992 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X Brandon Seibold CFO 9164060000 1 Adventist Health Way Roseville CA 95661 John Beaman President/Director 0.00 50.50 X X 0 1980861 79808 Brandon Seibold Chief Financial Officer/Director 0.00 50.00 X X 0 1030012 52740 Stephen Mayer Vice President/Director 0.00 40.00 X X 0 140751 12112 Leon Brown Director 0.00 40.00 X 0 16791 78500 Meredith Jobe Secretary 0.00 50.50 X 0 1221104 57975 0 4389519 281135 0 0 1 0 Bernhard MCC LLC PO Box 737049 Dallas TX 753737049 Energy-as-a-Service O&M 4304332 1 Energy asset management 531390 17047375 17047375 17047375 1917457 1917457 18964832 17047375 0 1917457 X 4304332 4304332 44 44 11299311 11299311 Energy asset use 10040305 10040305 25643992 25643992 0 0 0 271221 0 34380916 0 1163623 0 426835337 0 48516816 0 511167913 0 220000 0 435590284 0 81993469 0 517803753 X 0 0 0 0 0 -6635840 0 -6635840 0 511167913 -6679160 43320 0 X 0 1 X 1 0 X X 2 Adventist Health SystemWest 953484589 10 1 0 0 Pacific Union Conference of Seventh-day Adventists 951816033 1 1 0 0 2 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 Part IV, Section B, Line 1: The corporation has four directors on the Board of Directors. Two of these directors are appointed by Adventist Health System/West and two are appointed by Pacific Union Conference of Seventh-day Adventists. There must always be at least four appointed directors, with two from each supported organization. When an appointed director's term ends, or if they resign or are removed, the organization that appointed them will choose their replacement, following certain qualifications. Any appointed director can be removed at any time, with or without cause, by the organization that appointed them. The Board may remove any elected board members by majority vote. Replacement directors are nominated according to specific procedures in the Bylaws, and any director elected by the board can also be removed by a majority of the current directors. Part IV, Section A, Line 5a: The following supported organizations were added in 2024: Pacific Union Conference of Seventh-day Adventists - 95-1816033 Adventist Health System/West - 95-3484589 The Articles of Incorporation were amended on May 7, 2024, to formally identify the supported organizations as part of the organization's original structuring and purpose, as authorized by the initial incorporators. 0 Other non-current liabilities 51991563 Construction retention pay 17995538 Accrued interest 11681484 Other current liabilities 195366 Due to related unconsolidated parties 129518 81993469 19008152 43320 43320 18964832 0 18964832 25643992 0 25643992 0 25643992 0 0 0 0 0 0 0 0 0 John Beaman President/Director 0 1261000 0 698818 0 21043 0 13296 0 66512 0 2060669 0 0 Meredith Jobe Secretary 0 796100 0 281132 0 143872 0 13296 0 44679 0 1279079 0 0 Brandon Seibold Chief Financial Officer/Director 0 677968 0 247609 0 104435 0 13296 0 39444 0 1082752 0 0 Stephen Mayer Vice President/Director 0 140751 0 0 0 0 0 8652 0 3460 0 152863 0 0 Part I, Line 3 The filing organization relied on a related organization, Adventist Health System/West, to determine the compensation paid to the top management official. The related organization used one or more methods in Line 3. All compensation paid to individuals reported on the filing organization's return were paid for services provided to the related organization. No compensation was paid by the filing organization. A iBank Series A 2024 630304653 13034A5L0 2024-06-21 309701742 See Part VI 0 0 0 B NFA Series B 2024 521304598 63607YBU3 2024-06-21 78639523 See Part VI 0 0 0 A 309701742 6133440 303568302 2024 0 0 1 1 B 78639523 1560258 77079265 2024 0 0 1 1 A 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 A 1 B 1 Part I, Line A, Column (a): iBank - California Infrastructure and Economic Development Bank Part I, Line B, Column (A): NFA - National Finance Authority Part I, Line A, Column (f), Description of Purpose: Fund a concession agreement with Adventist Health System/West to operate and manage its chilled water and steam assets and utilize any excess capacity generated. Part I, Line B, Column (f), Description of Purpose: Fund a concession agreement with Adventist Health System/West to operate and manage its chilled water and steam assets and utilize any excess capacity generated. Part II, Column A, Line 11: The other spent proceeds were used to finance the concession agreement. Part II, Column B, Line 11: The other spent proceeds were used to finance the concession agreement. Form 990, Part VI, Section A, line 7a The corporation has four directors on the Board of Directors. Two of these directors are appointed by Adventist Health System/West and two are appointed by Pacific Union Conference of Seventh-day Adventists. There must always be at least four appointed directors, with two from each supported organization. When an appointed director's term ends, or if they resign or are removed, the organization that appointed them will choose their replacement, following certain qualifications. Any appointed director can be removed at any time, with or without cause, by the organization that appointed them. The Board may remove any elected board members by majority vote. Replacement directors are nominated according to specific procedures in the Bylaws, and any director elected by the board can also be removed by a majority of the current directors. Form 990, Part VI, Section B, line 11b This Form 990, including all supporting schedules, was prepared by a public accounting firm, reviewed by the Chief Financial Officer and shared by electronic communication with the Board of Directors prior to filing. Form 990, Part VI, Section B, line 12c During the first quarter of each year, the annual conflict of interest questionnaire is sent to board members, corporate officers, key employees, and department directors for completion and signature. The questionnaire is accompanied by a letter of explanation to illustrate examples of a conflict and remind the recipient that if any perceived conflict should arise before the next annual questionnaire, he/she is to notify the President immediately. The statements for the Organization's Board of Directors are reviewed by the KPMG auditors as part of the annual financial statement audit. All conflicts are reviewed by the Adventist Health System/West Chief Legal Officer/General Counsel. For potential conflicts, the Adventist Health System/West Chief Legal Officer/General Counsel will determine and present all relevant facts to the governing body for decision. After addressing any questions asked by the governing body, the person with a declared conflict must leave the meeting during the discussion of the matter that involves a conflict and during any vote on the matter. Form 990, Part VI, Section C, line 19 The Organization does not make its governing documents publicly available beyond required filings of Articles of Incorporation with the Secretary of State. The Organization does not make its Conflict of Interest Policy available to the public. The financial statements are available upon request. Form 990, Part IX, line 11g Other Purchased Services: Program service expenses 4,304,332. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,304,332. Roseville Sustainable Energy Partner LLC 1 Adventist Health Way Roseville CA 95661 992740793 Holding company/energy concessions CA 18964832 511167913 Genesis Capital Improvements Foundation Inc Adventist Health SystemWest 1 Adventist Health Way Roseville CA 95661 953484589 Integrated health system CA 501(c)(3) Line 10 N/A 0 Pacific Union Conference of Seventh-day Adventists PO Box 5005 Westlake Village CA 91361 951816033 Religious organization CA 501(c)(3) Line 1 N/A 0 0 0 0 1 0 0 0 0 0 0 1 1 0 1 0 1 1 1 1