2023-11-08T16:46:42+00:00 2022-12-31 990 2022-01-01 770004202 Goleta Valley Professional Buildings Inc GOLE 8052876903 PO Box 689 Attn Finance Dept Santa Barbara CA 93102 Kristin Tufvesson Sr VP Finance and CFO 2023-11-08 Kristin Tufvesson 999009999 2022 2023-04-26 12:10:37Z Ronald Werft PO Box 689 Attn Finance Dept Santa Barbara CA 93102 7003796 false X X 1983 CA The purpose of Goleta Valley Professional Buildings, Inc. is to provide the technical and physical environment in which quality health care can be provided in a responsible, dignified and efficient manner. 17 17 0 0 0 0 1753189 0 6661190 7003796 0 0 0 0 8414379 7003796 0 0 0 0 0 0 0 0 0 5177928 5812451 5177928 5812451 3236451 1191345 89343424 99079028 24739072 30813331 64604352 68265697 The purpose of Goleta Valley Professional Buildings, Inc. is to provide an organization, technical and physical environment in which quality health care can be provided in a responsible, dignified and efficient manner. false false 5456907 7003796 Goleta Valley Professional Buildings, Inc. provides medical office space for health care services to the community adjacent to Goleta Valley Cottage Hospital, Santa Barbara Cottage Hospital and Santa Ynez Valley Cottage Hospital. Office space is leased to medical providers and departments of the hospitals. 5456907 true false false false false false false false false true false false false true true false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true false false true 5 0 true 0 false false false false false false false false X 17 17 false false false false true true true true true false false true true true true true true true true false CA X Kristin Tufvesson 8053249903 PO Box 689 Santa Barbara CA 93102 Dorothy Largay PhD Vice Chair 0.1 5.9 X X 0 0 0 Edward Bentley MD Secretary (Part Year) 0.1 2.9 X X 0 0 0 Gregory Faulkner Chair (Part Year) 0.1 4.9 X X 0 0 0 Richard Ponce MD Secretary 0.1 4.9 X X 0 0 0 Steven Zola Board Chair 0.2 19.8 X X 0 0 0 Susan Christol-Deacon Vice Chair 0.1 5.9 X X 0 0 0 Thomas Cusack Vice Chair 0.1 5.9 X X 0 0 0 Bhupi Singh Board Member 0.1 3.9 X 0 0 0 Ernesto Paredes Board Member 0.1 3.9 X 0 0 0 Gamble Parks ATTY Board Member 0.1 3.9 X 0 0 0 Mark Scott MD Board Member 0.1 3.9 X 0 0 0 Nancy Nielsen Board Member 0.1 3.9 X 0 0 0 Pamela Gann Board Member 0.1 4.9 X 0 0 0 Roberta Griffin Board Member 0.1 3.9 X 0 0 0 Robin Malone MD Board Member 0.1 3.9 X 0 0 0 Steve Ortiz Board Member 0.1 3.9 X 0 0 0 Virginia Salazar Board Member 0.1 3.9 X 0 0 0 Wesley Schooler MD Board Member 0.1 3.9 X 0 0 0 Yulun Wang PhD Board Member 0.1 3.9 X 0 0 0 Brett Tande Senior VP and CFO (Part Year) 1.0 54.0 X 0 453374 37556 Kristin Tufvesson Senior VP and CFO 1.0 54.0 X 0 614726 92852 Lisa Moore Executive VP and COO 5.0 50.0 X 0 1049601 162968 Ronald Werft President & CEO 1.0 64.0 X 0 1816036 83953 0 3933737 377329 0 false true false PARKER BROWN INC 6727 VARIEL AVE Canoga Park CA 91303 Constuction Contractor 3510399 The Cearnal Collective LLP 521 1/2 State Street Santa Barbara CA 93101 Architectural Services 1235436 ARNDT CONSTRUCTION INC 415 FLORA VISTA DRIVE SANTA BARBARA CA 93109 Constuction Contractor 782538 MCCARTHY BUILDING COMPANIES INC 20401 SW BIRCH STREET NEWPORT BEACH CA 92660 Construction services 461340 4 0 Rental Income 5333 Hollister 531120 1705408 1705408 Rental Income 2320 Bath 531120 1360875 1360875 Rental Income 2403 Castillo 531120 937527 937527 Rental Income 454 S Patterson 531120 858345 858345 Rental Income 2400 Bath 531120 839748 839748 1301893 1301893 0 0 7003796 0 0 0 0 0 0 0 0 0 7003796 7003796 0 0 X 0 0 286237 286237 290 290 896349 864997 31352 0 10777 10777 93000 57800 35200 682855 680395 2460 613123 613123 2348577 2348577 59952 59952 Property Tax and fees 793437 793432 5 Construction Expense 27854 27854 0 0 0 0 5812451 5456907 355544 0 2228842 1774703 399530 292163 0 0 0 0 60992 126600 129688653 33222792 86654060 96465861 0 0 0 419701 89343424 99079028 1188359 622205 215637 54187 0 0 23335076 30136939 24739072 30813331 X 64604352 68265697 64604352 68265697 89343424 99079028 X 1191345 2470000 X false true X true false X X X 3 Goleta Valley Cottage Hospital 952413596 3 false 0 0 Santa Barbara Cottage Hospital 951644629 3 false 0 0 Santa Ynez Valley Cottage Hospital Inc 952224265 3 false 0 0 3 0 0 false false false false false false false false false false false false false false false true Schedule A, Part I, Line 12f col vi: Other Support Goleta Valley Professional Buildings, Inc. provides medical office space adjacent to Goleta Valley Cottage Hospital, Santa Barbara Cottage Hospital and Santa Ynez Valley Cottage Hospital. Office space is leased to medical providers and departments of Goleta Valley Cottage Hospital, Santa Barbara Cottage Hospital, Santa Ynez Valley Cottage Hospital and Cottage Health. Space within the medical office buildings may be used for meeting space for the any of the CH-Related Entities. Schedule A, Part IV, Section A, Line 1 Supported Orgs Listed By Name Any supported organization(s) must be part of or in support of the related Cottage Health organization. 32752666 32752666 90549125 32545227 58003898 128110 52606 75504 2682742 3576010 624959 5633793 96465861 Note payable due to related organization 30136939 Accounts Payable to related organizations 30136939 X Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote Cottage completed an analysis of its tax positions, in accordance with ASC 740, and determined that there are no uncertain tax positions taken. Cottage has recognized no interest or penalties related to uncertain tax positions. Cottage is subject to routine audits by the taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The System believes it is no longer subject to income tax examinations for years prior to 2019. X X X X false true false false false false false false false Ronald Werft President & CEO 0 1271673 0 485529 0 58834 0 60942 0 23011 0 1899989 0 0 Lisa Moore Executive VP and COO 0 697747 0 228504 0 123350 0 144154 0 18814 0 1212569 0 54653 Kristin Tufvesson Senior VP and CFO 0 430897 0 78804 0 105025 0 61750 0 31102 0 707578 0 0 Brett Tande Senior VP and CFO (Part Year) 0 157746 0 202386 0 93242 0 30083 0 7473 0 490930 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation On an annual basis the Executive Compensation Committee (ECC) of the Board of Directors meets to determine appropriate compensation for executives, including the CEO, COO, CFO, and vice presidents. All members of the ECC are independent members of the Board of Directors. The ECC engages an independent consultant to prepare comparative compensation reports for each position. The executives individual performance will also be considered when determining compensation. The ECC recommends compensation for the executives to the full Board for approval. This process takes place annually for all executives. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan COTTAGE HEALTH PROVIDES CERTAIN EXECUTIVES A SUPPLEMENTAL RETIREMENT PROGRAM. THE PROGRAM IS DEFINED AS DEFERRED COMPENSATION UNDER THE IRC SECTION 457(F). THE ANNUAL CONTRIBUTION IS 9.8% OF BASE YEARS SALARY WITH THE CONTRIBUTIONS VESTING FIVE YEARS FROM CREDITING DATE, OR AT AGE 62, OR IMMEDIATELY IN THE EVENT OF DEATH, DISABILITY, OR INVOLUNTARY TERMINATION WITHOUT CAUSE. THE UNVESTED ACCOUNT BALANCES ARE ASSETS OF THE ORGANIZATION AND ARE INCLUDED IN OTHER ASSETS AND THE ACCRUED EXPENSE IS INCLUDED IN PENSION LIABILITY AND OTHER IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEETS. THE AMOUNTS ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE. DEFERRED CONTRIBUTIONS TO THIS PLAN WILL BE REPORTED AGAIN AS REPORTABLE COMPENSATION IN THE YEAR PAID. IN 2022, there was a RECIPIENT PAYOUT FROM THE 457(F) PLAN to Lisa Moore ($54,653). Form 990, Part VI, Line 6 Classes of members or stockholders Cottage Health is the sole corporate member. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Cottage Health is the sole corporate member and can appoint Directors to the Board. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The Board of Directors must obtain prior approval from the Board of Directors of Cottage Health, in order to: a) amend or restate the Articles of Incorporation or Bylaws; b) implement the annual budget and long-term capital and operational budget; c) sell, lease, mortgage, pledge, merge, consolidate or make any other disposition of any material part of the property and assets of this corporation; or d) voluntarily dissolve the corporation. Form 990, Part VI, Line 11b Review of form 990 by governing body Form 990 is prepared under the direction of the Senior Vice President and CFO. Form 990 is compiled and reviewed by the Senior Vice President & CFO, the Vice President Finance & Controller, the Director Corporate Finance, and the Accounting Manager. Form 990 is reviewed separately by Ernst & Young as an independent tax consultant to Cottage during the development of the response. Each party reviews Form 990 prior to submission to the Compliance & Audit Committee and to the Board of Directors, whose reviews are conducted prior to filing. A complete copy of the final Form 990 is provided to all members of the governing board before it is filed. Form 990, Part VI, Line 12c Conflict of interest policy The purpose of the Conflict of Interest policy is to protect the interest of the Hospital when it contemplates entering into a transaction or arrangement that could benefit the private interest of a Director or Officer of Cottage Health, Santa Barbara Cottage Hospital, Goleta Valley Cottage Hospital, Santa Ynez Valley Cottage Hospital, Santa Barbara Cottage Hospital Foundation and Goleta Valley Professional Buildings, Inc., collectively known as Cottage Health. The Cottage Health Directors have a duty to: 1.) discharge their duties to benefit Cottage Health and not the Directors personally 2.) disclose situations with the potential for conflict of interest with the vision and mission of Cottage Health 3.) refrain from discussing confidential Cottage Health business with others. Each Board member will annually complete the Cottage Health Directors Annual Conflict Disclosure Form. The Disclosure information will be reviewed annually by the Board Chair and the results reported to the full Board. Each Director or Officer will disclose to the Board Chair items to be discussed at a Board meeting. If there are any material financial or personal interests a Board member or family member may have in a Board decision, the Director or Officer will disclose this to the Committee Chair before the Board reviews the items and takes action. In general, an Officer who had disclosed a potential conflict should be excused from the decision making portion of the discussion and is prohibited from voting on a matter involving a potential conflict of interest. If the Board has reasonable cause to believe that a Director or Officer failed to disclose a material financial interest or other potential material conflict of interest, the Board Chair shall inform the member of the basis for the belief and afford the member an opportunity to explain the alleged failure to disclose. After hearing the Director or Officer response and conducting any further necessary investigation, the Board determines if the Director or Officer failed to disclose a material financial or other potential material conflict of interest. The Board Chair shall take appropriate corrective action. Committee Chairs who address conflict of interest situations with a Board Committee member are responsible for reporting such situations to the Board Chair. Key employees are treated as other employees of Cottage Health and sign an annual conflict of interest form. These forms are reviewed by Compliance and any issues are brought to the Chief Compliance Officer. Form 990, Part VI, Line 15a Process to establish compensation of top management official On an annual basis the Compensation Committee (CC) of the Board of Directors meets to determine appropriate compensation for executives, including the CEO, COO, CFO, and vice presidents. All members of the CC are independent members of the Board of Directors. The CC engages an independent consultant to prepare comparative compensation reports for each position. The executive's individual performance will also be considered when determining compensation. The CC recommends compensation for the executives to the full Board for approval. This process takes place annually for all employed officers and key employees. Form 990, Part VI, Line 15b Process to establish compensation of other employees The process described in line 15a, above, takes place annually for all employed officers and key employees. For this fiscal year, the review occurred on March 25, 2022. Form 990, Part VI, Line 19 Required documents available to the public Tax filings can be obtained upon request from the CFO. Audited Financial Statements are attached to the Form 990 in accordance with IRS instructions. The bylaws and conflict of interest policies are not available to the public. Form 990, Part VIII, Line 2f Other Program Service Revenue All other rental invomce - Total Revenue: 1301893, Related or Exempt Function Revenue: 1301893, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part IX, Line 11g Other Fees Cleaning Services - Total Expense: 268432, Program Service Expense: 268432, Management and General Expenses: , Fundraising Expenses: ; Equipment Maintenance - Total Expense: 265406, Program Service Expense: 265406, Management and General Expenses: , Fundraising Expenses: ; Facility maintenance - Total Expense: 236417, Program Service Expense: 236417, Management and General Expenses: , Fundraising Expenses: ; System allocation - Total Expense: 82830, Program Service Expense: 51478, Management and General Expenses: 31352, Fundraising Expenses: ; All other fees and services - Total Expense: 43264, Program Service Expense: 43264, Management and General Expenses: , Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Land transfers from related parties - 2470000; SANTA BARBARA COTTAGE HOSPITAL PO BOX 689 SANTA BARBARA CA 93102 951644629 HOSPITAL CA 501(c)(3) 3 Cottage Health true GOLETA VALLEY COTTAGE HOSPITAL PO BOX 690 SANTA BARBARA CA 93102 952413596 HOSPITAL CA 501(c)(3) 3 COTTAGE HEALTH true SANTA YNEZ VALLEY COTTAGE HOSPITAL INC PO BOX 691 SANTA BARBARA CA 93102 952224265 HOSPITAL CA 501(c)(3) 3 COTTAGE HEALTH true COTTAGE HEALTH PO BOX 693 SANTA BARBARA CA 93102 770431902 SOLE CORPORATE MEMBER CA 501(c)(3) Type II NA false Santa Barbara Cottage Hospital Foundation PO Box 689 Santa Barbara CA 93102 953802238 Support of Santa Barbara Cottage Hospital CA 501(c)(3) 7 Cottage Health true Villa Riviera Real Estate Company PO Box 689 Santa Barbara CA 93102 272996284 Workforce Housing Development CA SB Cottage Hosp Fndtn C Corporation 0 0 0 true false false false false true false false false false true false true true true true true false true true Santa Barbara Cottage Hospital Foundation S 2150000 accrual Santa Barbara Cottage Hospital R 613123 accrual Santa Barbara Cottage Hospital E 7050000 accrual Santa Barbara Cottage Hospital J 3222211 accrual Santa Ynez Valley Cottage Hospital Inc J 106994 accrual Santa Barbara Cottage Hospital O 328796 accrual Santa Barbara Cottage Hospital S 320000 accrual