2025-12-23T11:00:23-06:00 2025-07-31 420714325 RSM US LLP 4622 PENNSYLVANIA AVE STE 1100 KANSAS CITY MO 64112 990 2024-08-01 943048988 PANORAMA PANO 3604560111 1751 CIRCLE LANE SE LACEY WA 985032570 CHARLES W STRADER CEO/CFO 3604560111 2025-12-22 1 0 ALLISON MERRIAM P02053748 8167533000 2025-12-22 2024 2025-03-06 01:10:19Z CHARLES W STRADER 1751 CIRCLE LANE SE LACEY WA 985032570 90351276 0 X WWW.PANORAMA.ORG X 1964 WA TO ENCOURAGE AND ENRICH THE LIVES OF INDIVIDUALS WHO CHOOSE TO MAKE PANORAMA THEIR HOME. 8 8 488 400 26740 3558 460211 515076 55934180 63053316 589289 1396249 21205 326740 57004885 65291381 376258 432344 0 0 27256476 29905329 0 0 207222 27417318 29069311 55050052 59406984 1954833 5884397 233516728 240239143 129236156 129939868 104280572 110299275 TO BE A COMMUNITY THAT SUPPORTS ITS MEMBERS THROUGH THE VARIOUS STAGES OF AGING, FROM INSPIRING INDIVIDUAL ENRICHMENT AND OVERALL WELLNESS TO OFFERING SECURITY AND UNCOMPROMISING CARE, ALLOWING EACH RESIDENT THE OPPORTUNITY TO THRIVE. 0 0 53020732 432344 63353316 PANORAMA IS A CONTINUING CARE RETIREMENT COMMUNITY THAT OFFERS 850 RESIDENTIAL FAMILY DWELLING UNITS, OF WHICH 45 ARE ASSISTED LIVING UNITS, PLUS A LICENSED 155 BED SKILLED NURSING FACILITY. PANORAMA HAS A VARIETY OF COMMUNITY FACILITIES, SUCH AS A COMMUNITY HALL WITH A RESTAURANT, AQUATIC AND FITNESS CENTER, PHARMACY, TRAVEL AGENCY, GIFT AND GROCERY SHOP, BEAUTY SALON, ONE BROKERAGE FIRM, A VOLUNTEER RESIDENT COUNCIL, AND COMMON AREAS FOR RECREATIONAL AND SOCIAL USE. 53020732 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 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 0 0 0 0 1 96 0 1 488 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X CHARLES W STRADER 3604560111 1751 CIRCLE LANE SE LACEY WA 985032570 FRED GOLDBERG CHAIRMAN 2.00 X X 36000 0 0 WILLIAM A GAVIN MD CO-VICE CHAIRMAN 2.00 X X 36000 0 0 DARYL JENSEN CO-VICE CHAIRMAN 2.00 X X 36000 0 0 DALE K HEDDEN DIRECTOR 2.00 X 32400 0 0 KATHRYN GAIL MADDEN DIRECTOR 2.00 X 32400 0 0 DOUGLAS MAH DIRECTOR 2.00 X 32400 0 0 NANCY H MASON DIRECTOR 2.00 X 32400 0 0 RALPH MUNRO DIRECTOR (UNTIL 11/30/2024) 2.00 X 27200 0 0 JUDY MURPHY DIRECTOR 2.00 X 32400 0 0 CHARLES W STRADER CEO, CFO & TREASURER 40.00 X 606600 0 101956 JACKLYNN ROBERTS EXECUTIVE ASSISTANT & SECRETARY 40.00 X 93602 0 22193 MATTHEW MURRY PRESIDENT & COO 40.00 X 604009 0 103737 DENNIS WILKERSON CNR ADMINISTRATOR 40.00 X 274644 0 28789 CYNTHIA MCKRILL CONTROLLER 40.00 X 258494 0 41217 KIMBERLY THORPE RETIREMENT ADVISOR 40.00 X 251435 0 18254 LISA ZVIRZDYS RETIREMENT ADVISOR 40.00 X 228461 0 29048 JILLIAN HUENTELMAN DIRECTOR OF MARKETING 40.00 X 225834 0 27140 SHAWNA WILLIAMS DIRECTOR OF HUMAN RESOURCES 40.00 X 221255 0 27237 3061534 0 399571 41 0 1 0 J4 CONTRACTORS PO BOX 1877 OLYMPIA WA 98507 CONSTRUCTION 2470144 SCHULER CONSTRUCTION LLC 11101 147TH STREET E PUYALLUP WA 98374 CONSTRUCTION 1833797 ROYCE PACIFIC CONTRACTING PO BOX 88123 STEILACOOM WA 98388 CONSTRUCTION 1724758 CANYON CREEK CABINET CO 16726 TYE ST SE MONROE WA 98272 CONSTRUCTION 988098 AEGIS THERAPIES INC PO BOX 936653 ATLANTA GA 31193 THERAPY SERVICES 913516 34 515076 838 515076 RETIREMENT COMMUNITY 531310 42468206 42468206 CONVALESCENT CENTER 623000 20585110 20585110 63053316 1787072 1787072 24667872 1200 24497982 561913 169890 -560713 -390823 -390823 RETURNED GRANT 900099 300000 300000 ADVERTISING 541800 26740 26740 326740 65291381 63353316 26740 1396249 399919 399919 32425 32425 2147930 2147930 22016208 20336499 1529899 149810 679805 584632 88375 6798 2838223 2440872 368969 28382 2223163 1911920 289011 22232 91009 91009 91885 91885 1987978 1098212 889766 126934 126934 460240 460240 6147820 6147820 136272 136272 950941 950941 12877974 12877974 974308 974308 REPAIRS & MAINTENANCE 2027067 2027067 SUPPLIES 1551450 1551450 FOOD 1099519 1099519 ADMINISTRATIVE 432710 432710 113204 113204 59406984 53020732 6179030 207222 5460967 7651733 4562316 5130258 1106158 1048670 23433 33359 664209 1467154 358065497 179136849 176817693 178928648 44116853 45443636 765099 535685 233516728 240239143 5469016 5678031 94734948 96714809 25265288 23973214 3766904 3573814 129236156 129939868 X 104269727 110282385 10845 16890 104280572 110299275 233516728 240239143 X 5884397 363720 -229414 X X 0 1 X 1 0 X 3418993 390433 1270398 460211 515076 6055111 48706924 46361375 52547762 55934180 63053316 266603557 52125917 46751808 53818160 56394391 63568392 272658668 47434 49556 149665 346376 261705 854736 0 47434 49556 149665 346376 261705 854736 271803932 549646 429710 1085412 1644283 1787072 5496123 549646 429710 1085412 1644283 1787072 5496123 2341 3558 5899 300000 300000 52675563 47181518 54905913 58038674 65659022 278460690 0.97610 0.97890 0.01970 0.01860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 10142994 10142994 303229956 150493981 152735975 32170552 24005599 8164953 12521995 4637269 7884726 178928648 REFUNDABLE ENTRANCE FEES 1300000 DEFERRED COMPENSATION 2229524 ANNUITY OBLIGATIONS 44290 3573814 X 65686400 363720 -229414 134306 65552094 -260713 -260713 65291381 59667697 260713 260713 59406984 0 59406984 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3). MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THE ORGANIZATION MAINTAINED ITS TAX-EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT; THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: UNREALIZED GAIN ON INTEREST RATE SWAP -229,414. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON ABANDONED PROPERTY -561,913. OTHER INCOME- SALE OF ASSETS 1,200. REFUNDED GRANT 300,000. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON ABANDONED PROPERTY 561,913. OTHER INCOME - SALE OF ASSETS -1,200. REFUNDED GRANT -300,000. 1 SOUTH PUGET SOUND COMMUNITY COLLEGE FOUNDATION 2011 MOTTMAN RD SW TUMWATER WA 98512 911174940 501(C)(3) 6000 0 NURSING SCHOLARSHIP PANORAMA BENEVOLENT FUND 1751 CIRCLE LANE SE LACEY WA 98503 237191166 501(C)(3) 181468 0 SUPPORT NEEDY RESIDENTS OF THE PANORAMA COMMUNITY CAPITOL LAND TRUST PO BOX 14065 TUMWATER WA 98511 911413484 501(C)(3) 13500 0 EXPANDING ACCESS TO THE LAND 3 0 EMPLOYEE SCHOLARSHIPS 12 32425 PART I, LINE 2: PANORAMA BELIEVES IN CONTINUED LEARNING AND FURTHERING THE EDUCATION OF OUR EMPLOYEES. THE PANORAMA SCHOLARSHIP AWARD AND NURSING SCHOLARSHIP AWARD HAS BEEN ESTABLISHED TO SUPPORT EMPLOYEES PURSUING EDUCATION TOWARDS A FORMAL DEGREE FROM AN ACCREDITED COLLEGE OR TRADE SCHOOL. TO BE ELIGIBLE FOR A SCHOLARSHIP AWARD, AN EMPLOYEE MUST MEET CERTAIN EMPLOYMENT CRITERIA AND DEMONSTRATE SPECIFIC PERFORMANCE METRICS. UPON APPROVAL FOR THE AWARD, THE EMPLOYEE MUST ALSO MAINTAIN A GPA OF 3.0 OR HIGHER. EMPLOYEES MUST COMPLETE A SCHOLARSHIP APPLICATION, WHICH INCLUDES A PERSONAL STATEMENT AND LETTER OF RECOMMENDATION FROM HIS/HER IMMEDIATE SUPERVISOR. ALL APPLICATIONS ARE SUBMITTED TO THE DIRECTOR OF HUMAN RESOURCES AND WILL BE REVIEWED AND APPROVED BY THE SCHOLARSHIP COMMITTEE. SCHOLARSHIPS APPROVED WILL BE PAID DIRECTLY TO THE EDUCATIONAL INSTITUTION AND ONGOING DOCUMENTATION OF THE EMPLOYEE'S GPA QUALIFICATIONS WILL BE SUBMITTED TO THE DIRECTOR OF HUMAN RESOURCES. SCHEDULE I, PART III ALL OUR EMPLOYEE SCHOLARSHIPS CAME FROM DONATED FUNDS/BEQUESTS FOR THE BENEFIT OF EMPLOYEES. X X X X 0 1 0 0 0 0 0 0 0 CHARLES W STRADER CEO, CFO & TREASURER 522906 0 78000 0 5694 0 84684 0 17272 0 708556 0 0 0 MATTHEW MURRY PRESIDENT & COO 520702 0 78000 0 5307 0 84684 0 19053 0 707746 0 0 0 DENNIS WILKERSON CNR ADMINISTRATOR 245187 0 24150 0 5307 0 17826 0 10963 0 303433 0 0 0 CYNTHIA MCKRILL CONTROLLER 213746 0 22050 0 22698 0 17244 0 23973 0 299711 0 17004 0 KIMBERLY THORPE RETIREMENT ADVISOR 213748 0 37000 0 687 0 7513 0 10741 0 269689 0 0 0 LISA ZVIRZDYS RETIREMENT ADVISOR 190567 0 37000 0 894 0 6999 0 22049 0 257509 0 0 0 JILLIAN HUENTELMAN DIRECTOR OF MARKETING 200754 0 19845 0 5235 0 16442 0 10698 0 252974 0 0 0 SHAWNA WILLIAMS DIRECTOR OF HUMAN RESOURCES 196595 0 19425 0 5235 0 16307 0 10930 0 248492 0 0 0 PART I, LINE 4B CHARLES W. STRADER $75,000 SERP CONTRIBUTION; MATTHEW MURRY $75,000 SERP CONTRIBUTION; DENNIS WILKERSON $10,000 SERP CONTRIBUTION; CYNTHIA MCKRILL $10,000 SERP CONTRIBUTION; CYNTHIA MCKRILL SERP DISTRIBUTION $17,004; JILLIAN HUENTELMAN $10,000 SERP CONTRIBUTION; SHAWNA WILLIAMS $10,000 SERP CONTRIBUTION. A WASHINGTON STATE HOUSING FINANCE COMMISSION 911874730 93978LEX0 2008-04-03 28500000 CAPITAL PROJECTS 0 0 0 A 28500000 479703 104054 26555718 1360525 2010 1 0 1 1 A 0 0 0 0 0 0 0 A 0 0 1 0 1 1 WELLS FARGO BANK 10.000000000000 1 0 0 0 0 A 1 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FEDERAL RETURN IS REVIEWED IN DETAIL FOR ACCURACY AND CONSISTENCY BY THE CONTROLLER. AMOUNTS ARE CROSS-REFERENCED TO THE AUDITED FINANCIAL STATEMENTS OR OTHER RECORDS OF THE COMPANY. QUESTIONS ARE RESOLVED THROUGH COMMUNICATIONS WITH THE PREPARER, AND CHANGES, IF ANY, ARE MADE. THE CFO, REVIEWS THE RETURN FOR REASONABLENESS. THE DRAFT RETURN IS E-MAILED TO EACH BOARD MEMBER FOR REVIEW. BOARD MEMBERS COMMUNICATE QUESTIONS TO THE CONTROLLER AND EACH QUESTION IS RESOLVED PRIOR TO FINALIZING AND FILING THE RETURN WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PANORAMA HAS A CONFLICT OF INTEREST POLICY FOR DIRECTORS, OFFICERS, AND KEY EMPLOYEES (COVERED PERSONS), WHICH IS REVIEWED ANNUALLY. THE POLICY DICTATES THE PROTOCOL TO BE FOLLOWED FOR TRANSACTIONS OR ARRANGEMENTS WHICH CREATE A CONFLICT OF INTEREST. THE POLICY IS STRICTLY ADHERED TO. EACH BOARD MEMBER AND MEMBERS OF MANAGEMENT ACKNOWLEDGE (FORM SIGNED AND MAINTAINED BY HR) 1) RECEIPT OF THE POLICY, AND 2) THEIR UNDERSTANDING OF THE CONTENTS AND THE REQUIREMENT TO BE BOUND IN COMPLIANCE WITH THE POLICY. THE BOARD OF DIRECTORS REVIEWS ALL CONFLICTS REPORTED BY COVERED PERSONS. IF A CONFLICT IS DETERMINED TO EXIST, THE COVERED PERSON WILL RECUSE THEMSELVES FROM THE VOTE OR PARTICIPATION IN THE TRANSACTION OR ARRANGEMENT CONCERNING THE CONFLICT OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 PANORAMA HAS A COMPENSATION COMMITTEE WHICH COMPRISES CERTAIN BOARD MEMBERS. ANNUALLY, THE COMMITTEE MEETS TO DETERMINE COMPENSATION OF EXECUTIVE MANAGEMENT. INDUSTRY DATA IS ACCUMULATED AND STUDIES ARE PERFORMED TO VERIFY COMPENSATION IS COMPARABLE TO OTHERS IN SIMILAR POSITIONS IN OTHER ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 PANORAMA'S GOVERNING DOCUMENTS, INCLUDING THE AUDITED FINANCIAL STATEMENTS AND FORM 990, ARE AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). REPORTS ARE MAINTAINED IN THE EXECUTIVE OFFICE. FORM 990, PART XI, LINE 9: UNREALIZED GAIN/LOSS ON INTEREST RATE SWAP -229,414. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.