2026-02-27T18:27:43-06:00 2025-06-30 941254756 HOOD & STRONG LLP 2580 N 1ST ST STE 460 SAN JOSE CA 95131 990 2024-07-01 941480548 AVENIDAS AVEN 6502895400 450 BRYANT STREET PALO ALTO CA 94301 MAUREEN BREEN CFO/VP, FINANCE AND ADMIN 6502895400 2026-02-26 1 1 JACOB YAU P01560332 4089988400 2024 2025-03-06 01:10:19Z KRISTINA LUGO 450 BRYANT STREET PALO ALTO CA 94301 9043724 0 X WWW.AVENIDAS.ORG X 1961 CA SINCE 1969, SERVING OLDER ADULTS FROM TWO ENRICHMENT CENTERS AND ONE ADULT DAY HEALTH CENTER. 17 17 69 273 0 0 3405762 4112187 1721114 2244603 1382886 1620378 637 12063 6510399 7989231 0 0 0 0 4548181 5123737 0 0 405222 2682353 2844485 7230534 7968222 -720135 21009 54083503 56830306 668610 733780 53414893 56096526 X THE MISSION OF AVENIDAS IS TO HELP OLDER ADULTS IN OUR COMMUNITY BE AS ACTIVE, ENGAGED AND HEALTHY AS POSSIBLE THROUGHOUT THEIR LIVES BY PROVIDING RELEVANT SERVICES AND PROGRAMS. 0 0 3290955 0 1318685 AVENIDAS ROSE KLEINER CENTER: ADULT DAY HEALTH CARE PROVIDES TRANSPORTATION, NUTRITION, RECREATION, SOCIAL SERVICE, AND HEALTH SERVICES (INCLUDING NURSING CARE, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, DIETARY AND SPEECH THERAPY) TO FRAIL SENIORS AND DEPENDENT ADULTS. THE AVENIDAS ROSE KLEINER CENTER HAD 12,897 DAYS OF SERVICE PROVIDED TO 134 UNDUPLICATED CLIENTS. 1455055 0 311880 SOCIAL WORK SERVICES - AVENIDAS SOCIAL WORK SERVICES HELPS 789 CLIENTS THAT ARE OLDER ADULTS AND CAREGIVERS NAVIGATE COMPLEX LEGAL, FINANCIAL, AND HEALTHCARE SYSTEMS WHILE PROVIDING ENHANCED CARE MANAGEMENT TO 429 CLIENTS WHO ARE HIGH-NEED MEDI-CAL RECIPIENTS TO COORDINATE MEDICAL AND SOCIAL GOALS. THE PROGRAM ALSO FEATURES COMMUNITY HEALTH WORKERS WHO OFFER EDUCATION ON CHRONIC DISEASE MANAGEMENT TO IMPROVE HEALTH OUTCOMES AND SUPPORT LONG-TERM INDEPENDENCE. BY CONNECTING INDIVIDUALS TO ESSENTIAL COMMUNITY RESOURCES LIKE FOOD BANKS AND TRANSPORTATION, AVENIDAS ENSURES A HOLISTIC APPROACH TO SENIOR WELLNESS AND CAREGIVER SUPPORT. 785047 0 238175 PARTICIPANT & HEALTH SERVICES: PROVIDES RECEPTION, REGISTRATION, MEMBERSHIP TO OLDER ADULTS, AND FACILITATES THE PROVISION OF EDUCATION, RECREATION, AND SOCIAL SERVICES. WE HAD 11,989 REGISTRATIONS WITH 62,098 INDIVIDUAL SERVICE ENCOUNTERS PROVIDED TO 1,746 LIFELONG LEARNING PARTICIPANTS AND 802 HEALTH AND WELLNESS PARTICIPANTS AND ACROSS THE AGENCY. 749086 0 375863 ADDITIONAL PROGRAMS INCLUDING AVENIDAS VILLAGE (403 MEMBERS), TRANSPORTATION INCLUDING DELIVERIES (4,052 SERVICES PROVIDED), CHINESE COMMUNITY CENTER (632 REGISTRATIONS), VOLUNTEER SERVICES (PROVIDING 9,329 SERVICE HOURS BY 273 VOLUNTEERS, AND 155 UNDUPLICATED PARTICIPANTS ATTENDED SPECIAL EVENTS UNDER OUR AVENIDAS RAINBOW COLLECTIVE PROGRAM FOR LGBTQ SENIORS. SERVICES CONTINUED WITH A MIXTURE OF REMOTE, HYBRID, AND PRE-REGISTERED IN-PERSON OFFERINGS TO MEET THE NEEDS OF OUR PARTICIPANTS. 749086 0 375863 6280143 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 61 0 1 69 1 0 0 0 0 0 1 1 0 0 0 1 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X X MAUREEN BREEN 6502895400 450 BRYANT STREET PALO ALTO CA 94301 CHUCK KISSNER CHAIR 10.00 X X 0 0 0 DAVID GORDON VICE CHAIR 10.00 X X 0 0 0 JOHN COUCH TREASURER 8.00 X X 0 0 0 ELLEN TURBOW SECRETARY 8.00 X X 0 0 0 DONALD BARR DIRECTOR AT LARGE 2.00 X 0 0 0 ANDREW CHANG DIRECTOR AT LARGE 2.00 X 0 0 0 PETER FUNG DIRECTOR AT LARGE 2.00 X 0 0 0 MEENA ELLIOTT DIRECTOR AT LARGE 2.00 X 0 0 0 MANPREET GROVER DIRECTOR AT LARGE 2.00 X 0 0 0 JUDY KLEINBERG DIRECTOR AT LARGE 2.00 X 0 0 0 LIZ KNISS DIRECTOR AT LARGE 2.00 X 0 0 0 KAREN KRONICK DIRECTOR AT LARGE 2.00 X 0 0 0 DIANE MORRIS DIRECTOR AT LARGE (THRU 3/6/25) 2.00 X 0 0 0 JUAN PELAYO DIRECTOR AT LARGE 2.00 X 0 0 0 STEVE PLAYER DIRECTOR AT LARGE 2.00 X 0 0 0 MIKE RANTZ DIRECTOR AT LARGE 2.00 X 0 0 0 CARL THOMSEN DIRECTOR AT LARGE 2.00 X 0 0 0 LANIE WHEELER DIRECTOR AT LARGE 2.00 X 0 0 0 KRISTINA LUGO PRESIDENT/CEO 40.00 X 210040 0 7550 MAUREEN BREEN CFO/VP, FINANCE & ADMIN 40.00 X 175503 0 19123 NISHA KOUL VP, FUND DEVELOPMENT 40.00 X 144383 0 3795 MICHELLE SHINSEKI VP, MARKETING & COMMUNICATIONS 40.00 X 138720 0 5386 JENNIFER LUO CONTROLLER 40.00 X 134140 0 17303 TRACY MCCLOUD CENTER DIRECTOR 40.00 X 121372 0 15873 NANCY KEEGAN PROGRAM DIRECTOR 40.00 X 111339 0 12061 1035497 0 81091 11 0 1 0 XANTRION PO BOX 459106 ALAMEDA CA 94501 IT SUPPORT 129637 1 176547 1967916 1967724 204659 4112187 ADULT DAY HEALTHCARE FEES 624100 1318685 1318685 OTHER PROGRAM SERVICES 624100 375863 375863 SOCIAL WORK SERVICES 624100 311880 311880 PARTICIPANT AND HEALTH SERVICES 624100 238175 238175 2244603 1157615 1157615 23343 5287 18056 18056 18056 1497716 1034953 462763 462763 462763 8260 176547 14253 -5993 -5993 7989231 2244603 0 1632441 466223 128487 299190 38546 3951844 3325185 401911 224748 97999 86961 5286 5752 306774 255745 32417 18612 300897 253704 30836 16357 1680 1680 45200 45200 71472 56203 11518 3751 385493 237880 147613 50262 22858 26119 1285 177949 111025 48043 18881 336432 217504 87099 31829 349440 341167 6149 2124 26993 25942 1023 28 55609 40403 13743 1463 737502 645896 72369 19237 173181 135811 28412 8958 TRANSPORTATION SERVICE 274672 274672 NUTRITION EXPENSE 70057 70057 OTHER FUNDRAISING EXP 11974 11974 76569 50643 24249 1677 7968222 6280143 1282857 405222 281041 166144 1135717 874895 758486 1075784 115831 120100 23514106 5962539 18008086 17551567 33610456 36897160 83615 46541 90271 98115 54083503 56830306 505625 550727 162985 183053 668610 733780 X 50275436 52576641 3139457 3519885 53414893 56096526 54083503 56830306 21009 2660624 0 X 0 1 X 1 0 X 3267611 4563785 4905710 3405762 4112187 20255055 3267611 4563785 4905710 3405762 4112187 20255055 2872372 17382683 652367 854315 838483 875297 1180958 4401420 8150 8715 9100 8260 34225 24690700 7859779 0.70400 0.66300 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: FUNDRAISING REVENUE - 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 8,150. 2022 AMOUNT: $ 8,715. 2023 AMOUNT: $ 9,100. 2024 AMOUNT: $ 8,260. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31211154 3955328 835678 34330804 28366260 3702366 857472 31211154 26168631 3031833 834204 28366260 31101846 -4147047 786168 26168631 25769202 6564546 1231902 31101846 0.97968 0.02032 0.00000 0 0 21778670 4786176 16992494 177800 30753 147047 771195 495654 275541 786441 649956 136485 17551567 X 10603478 2660624 5555 2666179 7937299 71472 -19540 51932 7989231 7921845 5555 19540 25095 7896750 71472 71472 7968222 PART V, LINE 4: AVENIDAS HAS A POLICY OF APPROPRIATING FOR DISTRIBUTION EACH YEAR TO PROVIDE CONSISTENT, PREDICTABLE CASH FLOWS TO ASSIST AVENIDAS IN EFFECTIVELY DELIVERING ITS PROGRAMS, AND TO PRESERVE THE INFLATION-ADJUSTED VALUE OF THE ENDOWMENT. THE PURPOSE OF THE BOARD-DESIGNATED ENDOWMENT IS TO FUND OPERATIONS BY PROVIDING AN ANNUAL DISTRIBUTION OF 3% OF THE IMMEDIATE PAST TWELVE QUARTER AVERAGE ROLLING VALUE OF THESE INVESTMENTS. PART X, LINE 2: AVENIDAS IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SECTION 23701D OF THE STATE OF CALIFORNIA REVENUE AND TAXATION CODE. IN ADDITION, AVENIDAS HAS BEEN DETERMINED BY THE INTERNAL REVENUE SERVICE NOT TO BE A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE INTERNAL REVENUE CODE. MANAGEMENT HAS CONCLUDED THAT AVENIDAS HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE -14,253. RENTAL EXPENSES NETTED AGAINST REVENUE -5,287. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES RECLASSIFIED TO REVENUE 14,253. RENTAL EXPENSES NETTED AGAINST REVENUE 5,287. LIFETIMES OF ACHIEVEMENT 184807 176547 8260 2577 10782 250 644 184807 176547 8260 2577 10782 250 644 14253 -5993 X X 0 0 0 0 0 0 0 0 0 KRISTINA LUGO PRESIDENT/CEO 210040 0 0 0 0 0 6301 0 1249 0 217590 0 0 0 MAUREEN BREEN CFO/VP, FINANCE & ADMIN 175503 0 0 0 0 0 5377 0 13746 0 194626 0 0 0 JENNIFER LUO CONTROLLER 134140 0 0 0 0 0 4430 0 12873 0 151443 0 0 0 X 1 173396 FAIR MARKET VALUE X 3 31263 FAIR MARKET VALUE 0 0 1 1 PART I, COLUMN (B): THIS COLUMN REPRESENTS THE NUMBER OF ITEMS DONATED. PART I, LINE 32B: AVENIDAS WORKS WITH DONATE FOR CHARITY, A THIRD PARTY, TO FACILITATE VEHICLE DONATIONS. DONATE FOR CHARITY ARRANGES FREE PICKUP OF VEHICLES, MANAGE DMV REGISTRATION REQUIREMENTS, AUCTION, SALES, AND ISSUANCE OF ACKNOWLEDGMENT RECEIPTS TO DONORS. FORM 990, PART I, LINE 6: THE VOLUNTEER HOURS AND HEADCOUNT ARE COLLECTED BY EACH PROGRAM MANAGER FOR THEIR RESPECTIVE PROGRAM THROUGH EMAIL, FROM HARD COPY, SIGN IN BINDERS, OR SPREADSHEETS, DEPENDING ON THE PROGRAM. THEY ARE THEN TOTALED AND ENTERED INTO A SPREADSHEET EACH MONTH THAT IS USED FOR DATA COLLECTION FOR INTERNAL PURPOSES, GRANTS, CITY REPORT CONTRACT REQUIREMENTS, ETC. THE VOLUNTEERS DO THE FOLLOWING WORK IN SERVICE OF THE AGENCY'S PROGRAMS: TUTOR KIDS, PROVIDE RIDES FOR SENIORS, PROVIDE TAX & HEALTH CARE COUNSELING, TEACH CLASSES AT OUR BRYANT STREET CENTER, HELP WITH ACTIVITIES AT OUR ADULT DAY CARE CENTER, VOLUNTEER FOR ONE ANOTHER THROUGH THE VILLAGE PROGRAM, SERVE ON COMMITTEES, HELP STAFF PUT ON EVENTS THROUGHOUT THE YEAR, PROVIDE ONE-ON-ONE TECH TUTORING, SUPPORT THE LGBTQ OUTREACH/ADMIN NEEDS, HELP STAFF RUN THE AVENIDAS CHINESE COMMUNITY CENTER AT CUBBERLEY, PROVIDING CLASSES, PUT ON EVENTS FOR CHINESE HOLIDAYS, PROVIDE MUSICAL ENTERTAINMENT FOR OUR ROSE KLEINER CENTER, PROVIDE OUTREACH CALLS AND FRIENDLY VISITING, SUPPORT THE DEVELOPMENT DEPARTMENT WITH ADMINISTRATIVE WORK, DELIVER GROCERIES, MEDICATIONS, LIBRARY BOOKS AND PPE, AND SERVE ON THE BOARD OF DIRECTORS. OTHER MISCELLANEOUS WORK AS NEEDED AS WELL. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS HAS DELEGATED RESPONSIBILITY FOR REVIEW OF FORM 990 TO THE AUDIT COMMITTEE OF THE BOARD; SUCH COMMITTEE DOES REVIEW THE RETURN BEFORE IT IS FILED. FORM 990 IS SENT TO ALL BOARD MEMBERS VIA EMAIL BEFORE FILING. QUESTIONS FROM THE BOARD OR COMMITTEE ARE RESPONDED TO VIA EMAIL OR IN MEETINGS. FORM 990, PART VI, SECTION B, LINE 12C AVENIDAS ENCOURAGES THE ACTIVE INVOLVEMENT OF ITS DIRECTORS, OFFICERS, AND EMPLOYEES IN THE COMMUNITY. IN ORDER TO DEAL OPENLY AND FAIRLY WITH ACTUAL AND POTENTIAL CONFLICTS OF INTEREST OR THE APPEARANCE OF SUCH CONFLICTS AS A CONSEQUENCE OF THIS INVOLVEMENT, AVENIDAS HAS ADOPTED A CONFLICT OF INTEREST POLICY. CONFLICT OF INTEREST COMPLIANCE IS REVIEWED ANNUALLY AT A BOARD MEETING. BOARD MEMBERS AND EMPLOYEES WITH SUBSTANTIAL INFLUENCE OVER AVENIDAS ARE ANNUALLY REQUIRED TO SIGN THE ORGANIZATION'S "ANNUAL AFFIRMATION AND DISCLOSURE STATEMENT." THE POLICY DICTATES A DUTY TO DISCLOSE CONFLICTS OF INTEREST. EACH EMPLOYEE SHALL DISCLOSE TO THE CHIEF EXECUTIVE OFFICER ALL MATERIAL FACTS REGARDING THE AFFILIATION OF SUCH EMPLOYEE WITH ANY PERSON WITH WHOM AVENIDAS IS CONSIDERING ENTERING INTO A TRANSACTION. THE EMPLOYEE SHALL MAKE THAT DISCLOSURE PROMPTLY UPON LEARNING OF THE LINK BETWEEN THAT PERSON AND TRANSACTION. THE CHIEF EXECUTIVE OFFICER AND ANY OTHER PERSON WITH SUBSTANTIAL INFLUENCE OVER AVENIDAS SHALL DISCLOSE TO THE BOARD ALL MATERIAL FACTS REGARDING HIS OR HER AFFILIATION WITH ANY PERSON WITH WHOM AVENIDAS IS CONSIDERING ENTERING INTO A TRANSACTION. THE CHIEF EXECUTIVE OFFICER OR PERSON WITH SUBSTANTIAL INFLUENCE SHALL MAKE THAT DISCLOSURE PROMPTLY UPON LEARNING OF THE LINK BETWEEN THAT PERSON AND THE TRANSACTION. IF THERE IS A QUESTION AS TO WHETHER THE EMPLOYEE HAS SUBSTANTIAL INFLUENCE OVER AVENIDAS, THE CHIEF EXECUTIVE OFFICER SHALL PRESENT THIS ISSUE TO THE BOARD OF DIRECTORS, AND THE BOARD SHALL RESOLVE THE MATTER. THE CEO DETERMINES A CONFLICT OF INTEREST WITH REGARD TO AN EMPLOYEE WITHOUT SUBSTANTIAL INFLUENCE OVER AVENIDAS; THE BOARD DETERMINES IF A CONFLICT OF INTEREST EXISTS WITH REGARD TO THE CEO OR AN EMPLOYEE WITH SUBSTANTIAL INFLUENCE OVER AVENIDAS; THE REMAINING BOARD MEMBERS DETERMINE IF A CONFLICT OF INTEREST EXISTS WITH REGARD TO A BOARD MEMBER. AT ANY MEETING OF THE BOARD AT WHICH A TRANSACTION INVOLVING AN AFFILIATED PERSON WILL BE CONSIDERED, A DIRECTOR SHALL DISCLOSE TO THE MEMBERS OF THE BOARD ALL MATERIAL FACTS REGARDING THE DIRECTOR'S AFFILIATION WITH ANY PERSON WITH WHOM THE BOARD IS CONSIDERING ENTERING INTO ANY TRANSACTION. AFTER AN AFFILIATION DISCLOSURE BY A BOARD MEMBER, THE BOARD MEMBER SHALL LEAVE THE MEETING WHILE THE IMPLICATIONS OF THE AFFILIATION ARE CONSIDERED AND VOTED UPON. THE REMAINING BOARD MEMBERS SHALL DETERMINE IF A CONFLICT OF INTEREST EXISTS. TO ENSURE THAT AVENIDAS OPERATES IN A MANNER CONSISTENT WITH ITS CHARITABLE PURPOSES AND ITS STATUS AS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX, THE BOARD SHALL AUTHORIZE AND OVERSEE A PERIODIC REVIEW OF THE ADMINISTRATION OF THIS CONFLICT OF INTEREST POLICY. THE REVIEW MAY BE WRITTEN OR ORAL. THE REVIEW SHALL CONSIDER THE LEVEL OF COMPLIANCE WITH THE POLICY, THE CONTINUING SUITABILITY OF THE POLICY, AND WHETHER THE POLICY SHOULD BE MODIFIED AND IMPROVED. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS TYPICALLY REVIEWS THE COMPENSATION OF THE CEO AND CFO ANNUALLY. AS PART OF THESE REVIEWS, THE BOARD EXAMINES PUBLISHED MARKET DATA OF COMPARABLE NONPROFITS IN THE ORGANIZATION'S GEOGRAPHIC AREA. CEO AFTER SOLICITING INPUT FROM THE BOARD AND KEY STAFF MEMBERS, THE BOARD CHAIR WRITES AND PRESENTS A REVIEW OF THE CEO'S PERFORMANCE AND MAKES A RECOMMENDATION TO THE BOARD REGARDING ANY PROPOSED CHANGES TO THE CEO'S COMPENSATION. AFTER DISCUSSION, THE BOARD VOTES TO APPROVE THE FINAL SALARY ACTION FOR THE CEO. THE MOST RECENT REVIEW OF THE CEO'S COMPENSATION AND PERFORMANCE TOOK PLACE IN JULY 2023. ALTHOUGH THE NORMAL REVIEW PROCESS FOR THE CEO WOULD HAVE OCCURRED IN JUNE AND JULY 2024, DUE TO THE RESIGNATION OF THE CEO IN MAY 2024 AND THE CONCURRENT APPOINTMENT OF A NEW CEO, THE BOARD DID NOT PERFORM A REVIEW OF THE FORMER CEO. THE NEW CEO WAS IDENTIFIED BY A SEARCH COMMITTEE COMPRISED OF MEMBERS OF THE BOARD OF DIRECTORS. THE COMMITTEE WORKED CLOSELY WITH A SEARCH CONSULTANT WHO PRESENTED POTENTIAL CANDIDATES AND ADVISED ON SALARY EXPECTATIONS. THE COMMITTEE SETTLED ON A CANDIDATE AFTER AN EXTENDED INTERVIEW PROCESS AND, WORKING WITH THE CONSULTANT, INCLUDING A REVIEW OF EXTERNAL MARKET DATA, DEVELOPED A SALARY RECOMMENDATION. THE CANDIDATE AND SALARY OFFER WERE THEN APPROVED BY THE BOARD. FOLLOWING THAT APPROVAL, AN OFFER WAS MADE TO THE CANDIDATE AND WAS ACCEPTED. CFO THE CEO REVIEWS THE CFO'S PERFORMANCE AND MAKES A RECOMMENDATION TO THE BOARD REGARDING ANY PROPOSED CHANGES TO THE CFO'S COMPENSATION. AFTER DISCUSSION, THE BOARD VOTES TO APPROVE THE FINAL SALARY ACTION FOR THE CFO. THE TWO MOST RECENT REVIEWS OF THE CFO'S COMPENSATION TOOK PLACE IN SEPTEMBER 2023 AND AUGUST 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST FOR THE SAME PERIOD OF TIME SET FORTH IN SEC. 6104(D). HOME EQUITY LOAN PROGRAM FOR SENIORS 450 BRYANT STREET PALO ALTO CA 94301 770004626 REVERSE MORTGAGES CA 501(C)(3) LINE 12D, III-O N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0