2024-03-20T14:51:48-05:00 2023-07-31 420714325 RSM US LLP 1145 BROADWAY PLAZA SUITE 900 TACOMA WA 98402 990 2022-08-01 943048988 PANORAMA PANO 3604560111 1751 CIRCLE LANE SE LACEY WA 985032570 CHARLES W STRADER CEO/CFO 3604560111 2024-03-15 1 CHARLES STRADER XXX-XX-XXXX 0 SUE ROBISON P00560072 2062814444 2024-03-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CHARLES W STRADER 1751 CIRCLE LANE SE LACEY WA 985032570 78991287 0 X WWW.PANORAMA.ORG X 1964 WA TO ENCOURAGE AND ENRICH THE LIVES OF INDIVIDUALS WHO CHOOSE TO MAKE PANORAMA THEIR HOME. 7 7 426 400 28850 2341 390433 1270398 46361375 52554962 293732 625549 25790 28850 47071330 54479759 140481 334229 0 0 21989140 23132453 0 0 157071 24241148 26013611 46370769 49480293 700561 4999466 219048634 227546047 123410879 126469770 95637755 101076277 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 44136336 334229 52547762 PANORAMA IS A CONTINUING CARE RETIREMENT COMMUNITY THAT OFFERS 847 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. 44136336 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 1 112 0 1 426 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 1 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 34800 0 0 WILLIAM A GAVIN MD CO-VICE CHAIRMAN 2.00 X X 34800 0 0 DARYL JENSEN CO-VICE CHAIRMAN 2.00 X X 34800 0 0 KATHLEEN HOUSTON DIRECTOR 2.00 X 31200 0 0 KATHRYN GAIL MADDEN DIRECTOR 2.00 X 31200 0 0 NANCY H MASON DIRECTOR 2.00 X 31200 0 0 RALPH MUNRO DIRECTOR 2.00 X 31200 0 0 CHARLES W STRADER CEO & CFO 40.00 X 574001 0 93763 MATTHEW MURRY PRESIDENT & COO 40.00 X 553666 0 112484 DENNIS WILKERSON ADMINISTRATOR 40.00 X 248589 0 26279 CYNTHIA MCKRILL CONTROLLER 40.00 X 226659 0 36177 JILLIAN HUENTELMAN DIRECTOR OF MARKETING 40.00 X 210535 0 25806 JEFFREY HARLEY DIRECTOR OF INFORMATION TECHNOLOGY 40.00 X 206076 0 47250 SHAWNA WILLIAMS DIRECTOR OF HUMAN RESOURCES 40.00 X 205969 0 25572 2454695 0 367331 34 0 1 0 MCMEEKIN CONSTRUCTION INC PO BOX 2021 OLYMPIA WA 98507 CONSTRUCTION 5334787 ANDY JOHNSON & CO INC PO BOX 46 OLYMPIA WA 98507 CONSTRUCTION 2328595 ROYCE PACIFIC CONTRACTING PO BOX 88123 STEILACOOM WA 98388 CONSTRUCTION 1250487 SCHULER CONSTRUCTION LLC 11101 147TH STREET E PUYALLUP WA 98374 CONSTRUCTION 985555 HALFACRE CONSTRUCTION AND REMODEL LLC 8710 SILVER FOX CT SW OLYMPIA WA 98512 CONSTRUCTION 861486 31 986927 283471 1270398 RETIREMENT COMMUNITY 531310 38089194 38089194 CONVALESCENT CENTER 623000 14465768 14465768 52554962 1078212 1078212 24055433 3432 24077886 433642 -22453 -430210 -452663 -452663 ADVERTISING 541800 28850 28850 28850 54479759 52554962 28850 625549 312825 312825 21404 21404 1705140 1705140 17605639 16263304 1223481 118854 570061 490252 74108 5701 1443382 1241308 187640 14434 1808231 1555079 235070 18082 103983 103983 82866 82866 1692217 829869 862348 120262 120262 377344 377344 5384877 5384877 95085 95085 907480 907480 11730743 11730743 852401 852401 REPAIRS & MAINTENANCE 1996179 1996179 SUPPLIES 1216837 1216837 FOOD 836172 836172 ADMINISTRATIVE 523668 523668 93497 93497 49480293 44136336 5186886 157071 6807794 5142887 6956186 5592792 750027 1931908 24565 23267 742489 775908 334544615 160761444 171550783 173783171 31686543 39184001 530247 1112113 219048634 227546047 4659048 5307450 86841731 90243737 28839372 27561430 3070728 3357153 123410879 126469770 X 95626975 101066007 10780 10270 95637755 101076277 219048634 227546047 X 4999466 -142810 581866 X X 0 1 X 1 0 X 246368 200639 3418993 390433 1270398 5526831 48094601 49811994 48706924 46361375 52547762 245522656 48340969 50012633 52125917 46751808 53818160 251049487 44265 45814 47434 49556 149665 336734 0 44265 45814 47434 49556 149665 336734 250712753 1276878 1210288 549646 429710 1085412 4551934 1276878 1210288 549646 429710 1085412 4551934 3730 1899 2341 7970 49621577 51224820 52675563 47181518 54905913 255609391 0.98080 0.98140 0.01780 0.01760 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8657958 8657958 284032253 135075059 148957194 28744502 21075613 7668889 13109902 4610772 8499130 173783171 REFUNDABLE ENTRANCE FEES 1300000 DEFERRED COMPENSATION 2007530 ANNUITY OBLIGATIONS 49623 3357153 X 55349025 -142810 581866 439056 54909969 -430210 -430210 54479759 49910503 430210 430210 49480293 0 49480293 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 581,866. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSS ON ABANDONED PROPERTY -433,448. OTHER INCOME- SALE OF ASSETS 3,238. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON ABANDONED PROPERTY -3,238. OTHER INCOME - SALE OF ASSETS 433,448. 1 SOUTH PUGET SOUND COMMUNITY COLLEGE FOUNDATION 2011 MOTTMAN RD SW TUMWATER WA 98512 911174940 501(C)(3) 7700 0 NURSING SCHOLARSHIPS, ALLIED HEALTH EMERGENCY FUND PANORAMA BENEVOLENT FUND 1751 CIRCLE LANE SE LACEY WA 98503 237191166 501(C)(3) 165927 0 SUPPORT NEEDY RESIDENTS OF THE PANORAMA COMMUNITY SOUTH PUGET SOUND COMMUNITY COLLEGE 2011 MOTTMAN RD SW TUMWATER WA 98512 911174940 501(C)(3) 6000 0 EXTERNAL SCHOLARSHIP 3 0 EMPLOYEE SCHOLARSHIPS 4 12904 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 426557 0 141750 0 5694 0 84970 0 8793 0 667764 0 0 0 MATTHEW MURRY PRESIDENT & COO 411406 0 137025 0 5235 0 84970 0 27514 0 666150 0 0 0 DENNIS WILKERSON ADMINISTRATOR 208434 0 34920 0 5235 0 18283 0 7996 0 274868 0 0 0 CYNTHIA MCKRILL CONTROLLER 181009 0 40163 0 5487 0 17645 0 18532 0 262836 0 0 0 JEFFREY HARLEY DIRECTOR OF INFORMATION TECHNOLOGY 162744 0 38025 0 5307 0 17244 0 30006 0 253326 0 0 0 JILLIAN HUENTELMAN DIRECTOR OF MARKETING 171490 0 33810 0 5235 0 16905 0 8901 0 236341 0 0 0 SHAWNA WILLIAMS DIRECTOR OF HUMAN RESOURCES 168192 0 32587 0 5190 0 16779 0 8793 0 231541 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; JILLIAN HUENTELMAN $10,000 SERP CONTRIBUTION; JEFFREY HARLEY $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 A, LINE 4 A CHANGE WAS MADE THIS LAST YEAR TO ADD UP TO 2 ADDITIONAL DIRECTOR POSITIONS TO FACILITATE SUCCESSION FOR DIRECTORS WHO WILL NOT RUN FOR ANOTHER TERM. 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 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 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 581,866. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.