2024-02-12T19:09:36-06:00 2023-03-31 910189318 MOSS ADAMS LLP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2022-04-01 113754507 JENNINGS SENIOR HOUSING INC JENN 9259567400 2185 N CALIFORNIA BLVD 215 WALNUT CREEK CA 94596 EDUARDO SALVADOR CFO 9259567400 2024-02-11 1 EDUARDO SALVADOR 999009999 0 LESLIE VAN P01294411 4159561500 2024-02-11 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z EDUARDO SALVADOR 800 NORTH BRAND BLVD 19TH FL GLENDALE CA 91203 550540 0 X WWW.COVIA.ORG X 2005 CA TO CONSTRUCT, OWN, AND OPERATE AFFORDABLE HOUSING FOR LOW INCOME SENIORS. 6 6 3 18 0 0 0 0 525495 525027 117 3210 8221 22303 533833 550540 0 0 0 0 138433 75980 0 0 0 764325 619969 902758 695949 -368925 -145409 3212367 3316517 14718601 14968160 -11506234 -11651643 X JENNINGS SENIOR HOUSING, INC, IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION FORMED TO CONSTRUCT, OWN, AND OPERATE AN INDEPENDENT LIVING COMPLEX SPECIFICALLY FOR LOW INCOME SENIORS LOCATED IN SANTA ROSA, CALIFORNIA. 0 0 616258 525027 JENNINGS SENIOR HOUSING, INC (THE "PROJECT") IS A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION FORMED ON JANUARY 27, 2005 TO CONSTRUCT, OWN, AND OPERATE AN INDEPENDENT LIVING COMPLEX SPECIFICALLY FOR LOW INCOME SENIORS LOCATED IN SANTA ROSA, CALIFORNIA. THE PROJECT WAS COMPLETED IN MAY 2008 AND OCCUPANCY BEGAN IN JUNE 2008. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED. SUCH PROJECTS ARE REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENT CHARGES, OPERATING METHODS AND USE OF ASSETS. HUD AND VARIOUS OTHER AGREEMENTS ARE IN PLACE WHICH DICTATE MAXIMUM INCOME LEVELS OF TENANTS AND PROVIDE RENT RESTRICTIONS THROUGH THE YEAR 2048. THE PROJECT CONSISTS OF 54 PARTIALLY SUBSIDIZED UNITS AND ONE MANAGER'S UNIT. 54 PEOPLE WERE SERVED FROM THIS PROGRAM DURING THE YEAR. 616258 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 CA X X EDUARDO SALVADOR 9259567400 800 NORTH BRAND BLVD 19TH FL GLENDALE CA 91203 DONNELLY KEN CHAIR 1.00 7.00 X X 0 0 0 EMSLIE STEPHEN CHAIR (THRU 02/23) 1.00 7.00 X X 0 0 0 MCGOVERN MARION VICE CHAIR 1.00 7.00 X X 0 0 0 JIMENEZ CARLOS DIRECTOR 1.00 7.00 X 0 0 0 KENNISON MARGOL DIRECTOR 1.00 7.00 X 0 0 0 KROEKER KEVIN DIRECTOR 1.00 7.00 X 0 0 0 PETERS WILLIAM DIRECTOR 1.00 7.00 X 0 0 0 WOODWARD JOHN CEO 0.10 39.90 X 0 1350533 11125 SALVADOR EDUARDO CFO 0.10 39.90 X 0 747748 56823 CASEY JONATHAN SECRETARY/VP OF FINANCE 4.00 36.00 X 0 210262 50878 DIAZ SORAYA PRESIDENT OF AFFORDABLE HOUSING 4.00 36.00 X 0 341229 57204 OLSON KARI CHIEF INNOV & TECH OFFICER 0.10 39.90 X 0 673752 69468 JAMISON DIANA - CHIEF CAPITAL STRATEGIES OFFICER (THRU 09/22) 0.10 39.90 X 0 631683 59169 SCHAEFER RONALD COO (THRU 02/22) 0.10 39.90 X 0 549894 7519 BUTLER JOSEPH CHIEF LEGAL OFFICER (THRU 08/22) 0.10 39.90 X 0 458339 10550 BURTON DESIREE CHIEF HR OFFICER 0.10 39.90 X 0 648592 11704 MCMULLIN MARY CHIEF STRATEGY/ADV. OFFICER 0.10 39.90 X 0 560809 89253 VRANICH RACHEL CHIEF LEGAL OFFICER 0.10 39.90 X 0 343947 25915 0 6516788 449608 0 0 1 0 WILLIAM A UNDERWOOD 357 EAST SCHOOL STREET COTATI CA 94931 REPAIR AND MAINTENANCE SERVICES 124963 1 HUD ASSISTANCE INCOME 531390 296157 296157 RENTAL INCOME 531110 228870 228870 525027 3210 3210 OTHER INCOME 561000 17129 17129 LAUNDRY/VENDING 812300 5174 5174 22303 550540 525027 0 25513 X 62127 62127 7469 7469 2168 2168 4216 4216 52942 52942 1186 1186 25563 25563 100598 100598 76 76 121822 121822 16284 16284 74132 74132 147842 147842 47720 47720 22469 22469 9335 9335 695949 616258 79691 0 26656 91038 410617 454960 6818 1118 19314 2310 2831266 91231 2721906 2740035 27056 27056 3212367 3316517 13156 12272 24236 24487 12072130 12072130 2609079 2859271 14718601 14968160 X -11506234 -11651643 -11506234 -11651643 3212367 3316517 -145409 0 X 0 1 X 1 1 1 X 521528 530352 527723 525495 525027 2630125 521528 530352 527723 525495 525027 2630125 0 0 0 2630125 871 424 1370 117 3210 5992 871 424 1370 117 3210 5992 4555 3287 7776 8221 22303 46142 526954 534063 536869 533833 550540 2682259 0.98060 0.98860 0.00220 0.00130 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER REVENUE - 2018 AMOUNT: $ 4,555. 2019 AMOUNT: $ 3,287. 2020 AMOUNT: $ 7,776. 2021 AMOUNT: $ 8,221. 2022 AMOUNT: $ 22,303. 0 1 X 1459778 1459778 1365380 91231 1274149 6108 6108 2740035 DEVELOPMENT COSTS PAYABLE 20921 ACCRUED INTEREST 2576026 INTERCOMPANY PAYABLE 262324 2859271 X 550540 0 550540 0 550540 695949 0 695949 0 695949 PART IV, LINE 2B: RESIDENT SECURITY DEPOSITS ARE COLLECTED AND MAINTAINED BY JENNINGS SENIOR HOUSING, INC. PER HUD REGULATIONS. IF A RESIDENT LEAVES, THE BALANCE REMAINING IN THE FUND IS RETURNED. ASSETS HELD, INCLUDED IN SAVINGS AND TEMPORARY CASH INVESTMENTS, AMOUNTED TO APPROXIMATELY $24,236 AND $24,487 AS OF MARCH 31, 2022 AND 2023, RESPECTIVELY. AS THESE FUNDS DO NOT REPRESENT ASSETS OF JENNINGS SENIOR HOUSING, INC., A CORRESPONDING TRUST ACCOUNT LIABILITY IS REPORTED IN ESCROW OR CUSTODIAL ACCOUNT LIABILITY. PART X, LINE 2: THE PROJECT APPLIES THE PROVISIONS OF FASB ASC 740-10, INCOME TAXES - OVERALL, RELATING TO ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE PROJECT RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE PROJECT RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN OPERATING EXPENSES. AT MARCH 31, 2023, THE PROJECT HAD NO UNSETTLED TAX MATTERS. 1 1 0 0 0 0 0 0 0 WOODWARD JOHN CEO 0 669284 0 632809 0 48440 0 9150 0 1975 0 1361658 0 0 SALVADOR EDUARDO CFO 0 381659 0 346956 0 19133 0 54948 0 1875 0 804571 0 0 OLSON KARI CHIEF INNOV & TECH OFFICER 0 347055 0 307222 0 19475 0 50255 0 19213 0 743220 0 0 JAMISON DIANA - CHIEF CAPITAL STRATEGIES OFFICER (THRU 09/22) 0 284265 0 330246 0 17172 0 50334 0 8835 0 690852 0 0 BURTON DESIREE CHIEF HR OFFICER 0 295740 0 334178 0 18674 0 9150 0 2554 0 660296 0 0 MCMULLIN MARY CHIEF STRATEGY/ADV. OFFICER 0 315662 0 225250 0 19897 0 37703 0 51550 0 650062 0 0 SCHAEFER RONALD COO (THRU 02/22) 0 113256 0 32641 0 403997 0 3316 0 4203 0 557413 0 0 BUTLER JOSEPH CHIEF LEGAL OFFICER (THRU 08/22) 0 219223 0 211973 0 27143 0 9150 0 1400 0 468889 0 0 DIAZ SORAYA PRESIDENT OF AFFORDABLE HOUSING 0 221978 0 91414 0 27837 0 36031 0 21173 0 398433 0 0 VRANICH RACHEL CHIEF LEGAL OFFICER 0 327911 0 0 0 16036 0 9150 0 16765 0 369862 0 0 CASEY JONATHAN SECRETARY/VP OF FINANCE 0 193200 0 14131 0 2931 0 10591 0 40287 0 261140 0 0 PART I, LINES 4A-B LINE 4A - RONALD SCHAEFER RECEIVED A SEVERANCE PAYMENT OF $400,000 DURING THE 2022 CALENDAR YEAR. THE PAYMENT HAS BEEN REPORTED WITHIN "OTHER REPORTABLE COMPENSATION" ON SCHEDULE J, PART II, PAYMENTS HAVE BEEN REPORTED AS TAXABLE COMPENSATION TO THE INDIVIDUALS AND COLUMN (B)(III). LINE 4B - FRONT PORCH COMMUNITIES AND SERVICES HAS A 457F PLAN FOR THE FOLLOWING INDIVIDUALS. THE PARTICIPANTS OF THE PLAN ARE THOSE EMPLOYEES WHO ARE ADMINISTRATORS AND OFFICERS OF FRONT PORCH COMMUNITIES AND SERVICES AND ITS AFFILIATES. ADMINISTRATORS ARE THE EXECUTIVE DIRECTORS OF THE COMMUNITIES. FROM TIME TO TIME THE BOARD MAY DESIGNATE ADDITIONAL OFFICERS AND ADMINISTRATORS. RON SCHAEFER DIANA JAMISON MARY MCMULLIN JONATHAN CASEY EDUARDO SALVADOR KARI OLSON SCHEDULE J, PART I ALL OF THE EMPLOYEES LISTED ON FORM 990 PART VII SECTION A--OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES AND HIGHEST COMPENSATED EMPLOYEES--ARE EMPLOYED AND COMPENSATED BY FRONT PORCH COMMUNITIES AND SERVICES. THE ORGANIZATION RELIED ON FRONT PORCH COMMUNITIES AND SERVICES USING THE 3 METHODS DESCRIBED ON PART I, LINE 3 TO ESTABLISH OFFICER'S COMPENSATION. THE METHODS USED ARE: COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. FRONT PORCH COMMUNITIES AND SERVICES REPORTS 100% OF THE INDIVIDUAL'S COMPENSATION ON W-2'S ISSUED BY FRONT PORCH COMMUNITIES AND SERVICES. HOWEVER, SOME OF THESE EMPLOYEES ARE ASSIGNED DUTIES FOR OTHER RELATED ORGANIZATIONS (SEE SCHEDULE R FOR ADDITIONAL INFORMATION REGARDING THE RELATED ORGANIZATIONS). THE SALARIES REPORTED ON PART VII OF THE 990 AND SCHEDULE J ARE IN PART SUPPORTED THROUGH MANAGEMENT FEES REMITTED TO COVIA AFFORDABLE COMMUNITIES. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTED WITH COVIA AFFORDABLE COMMUNITIES TO PROVIDE PROPERTY MANAGEMENT, OPERATIONAL, AND ACCOUNTING SERVICES. FORM 990, PART VI, SECTION A, LINE 6 COVIA AFFORDABLE COMMUNITIES, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION IS THE SOLE MEMBER OF JENNINGS SENIOR HOUSING, INC. FORM 990, PART VI, SECTION A, LINE 7A COVIA AFFORDABLE COMMUNITIES HAS THE RIGHT TO VOTE WITH RESPECT TO ELECTING AND REMOVING THE DIRECTORS OF THE JENNINGS SENIOR HOUSING, INC. BOARD. THE DIRECTORS SHALL AT ALL TIMES CONSIST OF THOSE PERSONS WHO ARE SERVING AS MEMBERS OF THE BOARD OF DIRECTORS OF COVIA AFFORDABLE COMMUNITIES. FORM 990, PART VI, SECTION A, LINE 7B COVIA AFFORDABLE COMMUNITIES SHALL HAVE VOTING RIGHTS WITH RESPECT TO (I) THE ELECTION AND REMOVAL OF DIRECTORS, (II) THE DISSOLUTION, LIQUIDATION, MERGER OR SALE OF THE SUBSTANTIAL ASSETS OF THE CORPORATION, (III) ADOPTING, AMENDING OR REPEALING THE ARTICLES OF INCORPORATION OF THE CORPORATION OR BYLAWS, AND (IV) SUCH OTHER MATTERS AS MAY BE PROVIDED IN THE BYLAWS OR THE NONPROFIT CORPORATION LAW OF CALIFORNIA. FORM 990, PART VI, SECTION B, LINE 11B THE CFO AND MANAGEMENT PERSONNEL OF JENNINGS SENIOR HOUSING INC REVIEW THE 990 INFORMATION RETURN BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND BOARD MEMBERS ARE ASKED ON AN ANNUAL BASIS IF THERE ARE ANY ACTIVITIES AND/OR AFFILIATIONS THAT WOULD POSE A CONFLICT WITH THEIR ABILITY TO SERVE ON THE BOARD OR ITEMS THAT THEY WILL NEED TO RECUSE THEMSELVES FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF ALL EMPLOYEES OF JENNINGS SENIOR HOUSING IS PAID BY ITS ULTIMATE OWNER, FRONT PORCH COMMUNITIES AND SERVICES. W2S/W3S ARE ISSUED BY FRONT PORCH COMMUNITIES AND SERVICES. SENIOR MANAGEMENT EMPLOYEES LISTED IN PART VII ARE EMPLOYEES OF FRONT PORCH COMMUNITIES AND SERVICES, A RELATED ORGANIZATION. THEY ARE PAID AND ISSUED W-2S BY FRONT PORCH COMMUNITIES AND SERVICES. THE SALARIES REPORTED ON PART VII OF THE 990 AND SCHEDULE J ARE IN PART SUPPORTED THROUGH MANAGEMENT FEES REMITTED TO COVIA AFFORDABLE COMMUNITIES. FRONT PORCH COMMUNITIES AND SERVICES USES AN INDEPENDENT CONSULTANT WHO ANALYZES AND REPORTS ON REASONABILITY OF COMPENSATION EVERY TWO YEARS. THE CONSULTANT IS INDEPENDENT OF MANAGEMENT AND REPORTS DIRECTLY TO THE CHAIRMAN OF THE BOARD. THE CONSULTANT REVIEWS AND PROVIDES A REPORT ON ANY ISSUES WITH THE COMPENSATION THE CEO AND/OR THE CFO RECEIVE INCLUDING ANY ISSUES AROUND EXCESS COMPENSATION. ADDITIONALLY, ALL KEY EXECUTIVES COMPENSATION ARE REVIEWED BY THE CONSULTANT. THIS REVIEW INCLUDES TOTAL CASH COMPENSATION AND BENEFITS INCLUDING RETIREMENT PLANS. EVERY YEAR, THE CHIEF HR OFFICER REVIEWS THE COMPENSATION FOR ALL MANAGEMENT AGAINST MARKET ANALYSIS GUIDELINES AND RECOMMENDS CHANGES. THIS REVIEW ALSO INCLUDES A TEST OF BENEFITS AGAINST SIMILAR COMPANIES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE FEES FOR OTHER SERVICES: PROGRAM SERVICE EXPENSES 70,249. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 70,249. PROFESSIONAL FEES FOR REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 20,640. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,640. CONSULTING FEES: PROGRAM SERVICE EXPENSES 9,709. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 9,709. FRONT PORCH COMMUNITIES AND SERVICES 800 NORTH BRAND BLVD 19TH FL GLENDALE CA 91203 954538269 AFFORDABLE SENIOR HOUSING CA 501(C)(3) LINE 10 N/A 0 FRONT PORCH COMMUNITIES FOUNDATION 800 NORTH BRAND BLVD 19TH FL GLENDALE CA 91203 953862907 PROVIDE FINANCIAL SUPPORT TO RESIDENTS IN RETIREMENT COMMUNITIES CA 501(C)(3) LINE 7 FRONT PORCH COMMUNITIES AND SERVICES 0 CARING HOUSING MINISTRIES 800 NORTH BRAND BLVD 19TH FL GLENDALE CA 91203 954540601 MANAGEMENT OF AFFORDABLE SENIOR HOUSING CA 501(C)(3) LINE 10 FRONT PORCH COMMUNITIES AND SERVICES 0 SUNNY VIEW LUTHERAN HOME 22445 CUPERTINO ROAD CUPERTINO CA 95014 941542379 AFFORDABLE SENIOR HOUSING CA 501(C)(3) LINE 10 FRONT PORCH COMMUNITIES AND SERVICES 0 COVIA AFFORDABLE COMMUNITIES 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 943382412 PROVIDE DIRECTION, SUPPORT SERVICES & ACTIVITIES FOR SUPPORTED ORG'N CA 501(C)(3) LINE 12B, II FRONT PORCH COMMUNITIES AND SERVICES 0 LYTTON IV HOUSING CORPORATION 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 770324027 AFFORDABLE SENIOR HOUSING CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 COMMUNITY HOUSING INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 942264235 AFFORDABLE SENIOR HOUSING CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 OAK CENTER TOWERS 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 942148270 AFFORDABLE SENIOR HOUSING CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 PRESIDIO GATE APARTMENTS 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 680012837 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 7 COVIA AFFORDABLE COMMUNITIES 0 LYTTON GARDENS INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 942670036 DORMANT CA 501(C)(3) LINE 3 FRONT PORCH COMMUNITIES AND SERVICES 0 SHIRES MEMORIAL CENTER 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 941558214 PROVIDE AFFORDABLE HOUSING TO ELDERLY PERSONS CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 BETHANY CENTER SENIOR HOUSING INC 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 952593423 PROVIDE AFFORDABLE HOUSING TO ELDERLY AND DISABLED PERSONS CA 501(C)(3) LINE 10 COVIA AFFORDABLE COMMUNITIES 0 OAK CENTERS LP 2185 N CALIFORNIA BLVD STE 215 WALNUT CREEK CA 94596 522456294 PROVIDE AFFORDABLE HOUSING TO ELDERLY CA N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0