2014-01-27T10:35:51-06:00 2013-07-31 420714325 MCGLADREY LLP 105 8TH AVENUE SE SUITE 300 OLYMPIA WA 985011386 990 2012-08-01 943048988 PANORAMA PANO 3604560111 1751 CIRCLE LANE SE LACEY WA 98503 CHARLES W STRADER 3604560111 2014-01-06 1 DALE K HEDDEN CPA P00007754 3607547244 2012 2015-11-30 17:44:51Z CHARLES W STRADER 1751 CIRCLE LANE SE LACEY WA 98503 66137815 0 X WWW.PANORAMACCRC.ORG X 1964 WA TO ENCOURAGE AND ENRICH THE LIVES OF INDIVIDUALS WHO CHOOSE TO MAKE PANORAMA THEIR HOME. 6 6 505 1500 18877 45 720917 594891 39104494 39458466 -66565 -310656 20554 18877 39779400 39761578 172677 27018 0 0 16436621 16993429 0 0 103303 18843721 19105257 35453019 36125704 4326381 3635874 166393267 171951095 113161762 114459173 53231505 57491922 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 33167612 27018 39458466 PANORAMA IS A CONTINUING CARE RETIREMENT CENTER THAT OFFERS 827 RESIDENTIAL FAMILY DWELLING UNITS, INCLUDING 50 ASSISTED LIVING UNITS AND 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, TWO FINANCIAL INSTITUTIONS, ONE BROKERAGE FIRM, AND COMMON AREAS FOR RECREATIONAL AND SOCIAL USE. 33167612 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 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 138 0 1 505 1 1 1 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X CHARLES W STRADER 3604387771 1751 CIRCLE LANE SE LACEY WA 98503 DR WILLIAM GAVIN 2.00 X 18583 0 0 FRED GOLDBERG 2.00 X 23700 0 0 DARYL JENSEN 2.00 X 23700 0 0 NANCY H MASON 2.00 X 21331 0 0 RALPH MUNRO 2.00 X 19504 0 0 JAMES OLSON 2.00 X 18595 0 0 JOSEPH DI SANTO 40.00 X 298347 0 120928 CHARLES W STRADER 40.00 X 249378 0 70370 HOWARD BURTON 40.00 X 179394 0 16657 VICKI CATE 40.00 X 151504 0 14655 VIRGINIA R DOBRY 40.00 X 150086 0 14080 SHARON H RINEHART 40.00 X 146350 0 14467 MATTHEW MURRY 40.00 X 144129 0 14981 1444601 0 266138 15 0 1 0 BROWN BUILDING CONTRACTORS 3905 MARTIN WAY E SUITE C OLYMPIA WA 98506 CONTRACTOR 2495854 SCHULER CONSTRUCTION LLC 11101 147TH ST E PUYALLUP WA 98374 CONTRACTOR 1930816 BARRY BUILT CONSTRUCTION LLC 342 ROSEBROOK RD CHEHALIS WA 98532 CONTRACTOR 1482210 ANDY JOHNSON & COMPANY PO BOX 46 OLYMPIA WA 98507 CONTRACTOR 1362137 AEGIS THERAPIES INC PO BOX 8103 FORT SMITH AR 72902 THERAPY 914140 30 594891 594891 RETIREMENT COMMUNITY 531310 24216565 24216565 CONVALESCENT CENTER 623000 15241901 15241901 39458466 768074 768074 25297507 25238822 1137415 58685 -1137415 -1078730 -1078730 ADVERTISING 541800 18877 18877 18877 39761578 39458466 18877 -310656 27018 27018 898602 898602 12857634 11957599 812793 87242 476012 442691 29085 4236 1439510 1338744 95199 5567 1321671 1167810 147603 6258 39289 39289 61082 61082 496193 471383 24810 345162 327904 17258 70781 67241 3540 4053118 3850462 202656 123769 117581 6188 1322163 1322163 7353795 6986105 367690 461165 438107 23058 SUPPLIES 1458563 1385635 72928 THERAPY 1076785 1076785 REPAIRS AND MAINTENANCE 970238 921726 48512 FOOD COSTS 657746 657746 615408 610912 4496 36125704 33167612 2854789 103303 3359951 3695703 2918587 3101223 1177964 1010781 640610 662269 52700 53586 1032635 1374155 194207714 84011070 107645614 110196644 46134498 44681651 3430708 7175083 166393267 171951095 3765340 3824251 63098529 65510425 41990000 40850000 15000 4292893 4274497 113161762 114459173 X 53229194 57489132 2311 2790 53231505 57491922 166393267 171951095 X 3635874 -531770 1156313 X X 0 1 X 1 0 X 1150 4947306 50000 720917 594891 6314264 35055879 36694220 38101559 39104494 39458466 188414618 35057029 41641526 38151559 39825411 40053357 194728882 20000 20000 20668 21700 22582 104950 4723934 4680642 5332169 4955233 5243456 24935434 4743934 4700642 5352837 4976933 5266038 25040384 169688498 2092169 1182940 1077195 1034647 768074 6155025 2092169 1182940 1077195 1034647 768074 6155025 9166 9252 5858 50 24326 37158364 42833718 39228754 40865916 40821481 200908233 0.84460 0.83640 0.03060 0.03720 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6655103 6655103 167732286 70415058 97317228 14989436 10285298 4704138 4830889 3310714 1520175 110196644 REFUNDABLE ENTRANCE FEES 1500000 FAIR VALUE OF INTEREST RATE SWAP 1305354 DEFERRED COMPENSATION 1069595 ANNUITY OBLIGATIONS 239598 OTHER DEPOSITS 159950 4274497 X 41523536 -531770 2293728 1761958 39761578 0 39761578 37263119 1137415 1137415 36125704 0 36125704 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 ADJUSTMENTS; THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. GENERALLY, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL AUTHORITIES FOR FISCAL YEARS ENDED JULY 31, 2009, AND PRIOR. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON ABANDONED PROPERTY NETTED INTO TAX REVENUE 1,137,415. UNREALIZED GAIN ON INTEREST RATE SWAP 1,156,313. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON ABANDONED PROPERTY NETTED INTO TAX EXPENSES 1,137,415. 1 PANORAMA CITY RESIDENT COUNCIL 1751 CIRCLE LANE SE LACEY WA 98503 501(C)(3) 9000 SUPPORT THE OPERATIONS OF THE COUNCIL WHICH COMPRISES A SELECTED NO. OF RESIDENT VOLUNTEERS PANORAMA BENEVOLENT FUND 1751 CIRCLE LANE SE LACEY WA 98503 237191166 501(C)(3) 18018 SUPPORT NEEDY RESIDENTS OF THE PANORAMA COMMUNITY PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: FUNDS GIVEN TO THE BENEVOLENT FUND ARE TO BE USED IN ACCORDANCE WITH THE AGREEMENT. X X X 0 0 0 0 0 0 0 0 0 JOSEPH DI SANTO 229322 0 69025 0 0 0 112520 0 8408 0 419275 0 0 0 CHARLES W STRADER 189409 0 59969 0 0 0 62520 0 7850 0 319748 0 0 0 HOWARD BURTON 150559 0 28835 0 0 0 9294 0 7363 0 196051 0 0 0 VICKI CATE 123847 0 27657 0 0 0 7561 0 7094 0 166159 0 0 0 VIRGINIA R DOBRY 150086 0 0 0 0 0 7286 0 6794 0 164166 0 0 0 SHARON H RINEHART 128080 0 18270 0 0 0 7206 0 7261 0 160817 0 0 0 MATTHEW MURRY 117865 0 26264 0 0 0 7596 0 7385 0 159110 0 0 0 A WASHINGTON STATE HOUSING FINANCE COMMITTEE 911875730 93978LEX0 2008-04-03 28500000 CAPITAL PROJECTS 0 0 0 A 500000 28500000 2010 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF THE FEDERAL RETURN IS REVIEWED IN DETAIL FOR ACCURACY AND CONSISTENCY BY VICKI CATE, 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. BILL STRADER, CFO, REVIEWS THE RETURN FOR REASONABLENESS. THE DRAFT RETURN IS E-MAILED TO EACH BOARD MEMBER FOR REVIEW. BOARD MEMBERS COMMUNICATE QUESTIONS TO VICKI CATE, 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 BOARD MEMBERS AND KEY EMPLOYEES, 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. 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. REPORTS ARE MAINTAINED IN THE EXECUTIVE OFFICE. FORM 990 IS ALSO AVAILABLE ONLINE AT GUIDESTAR WEBSITE. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: UNREALIZED GAIN ON INTEREST RATE SWAP 1,156,313. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.