2025-11-05T14:30:15-06:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 101 SECOND STREET SUITE 900 SAN FRANCISCO CA 94105 990 2024-01-01 812951897 VIAMONTE SENIOR LIVING 1 INC VIAM 4152027800 1525 POST STREET SAN FRANCISCO CA 94109 MARC SHORES CFO 4152027800 2025-10-31 1 1 QI WEN LIANG P01270238 4159561500 2025-10-31 2024 2025-03-06 01:10:19Z SARA MCVEY 1525 POST STREET SAN FRANCISCO CA 94109 22788299 0 X WWW.VIAMONTELIVING.ORG X 2016 CA VIAMONTE SENIOR LIVING 1, INC. ("VSL") PROVIDES ORGANIZATION STRUCTURE AND LEADERSHIP TO MEET THE NEEDS AND IMPROVE THE QUALITY OF LIFE OF OLDER PERSONS BY OFFERING HOUSING AND PROGRAMS. 3 3 83 5 0 0 42795 421138 17958149 20582019 2800442 1775153 2635 9989 20804021 22788299 0 0 0 0 4988923 5445555 0 0 0 15466927 15062926 20455850 20508481 348171 2279818 215534160 213796429 220056639 216039090 -4522479 -2242661 X SEE SCHEDULE O VIAMONTE SENIOR LIVING, INC.'S MISSION IS TO PROVIDE HOMES AND SERVICES TO SENIORS FOR HEALTHY AGING THROUGH IMPROVING THE QUALITY OF LIFE AND PROVIDING A RANGE OF SUPPORT, OR ASSISTIVE SERVICES, IN ADDITION TO THE LIFESTYLE-FOCUSED AMENITIES AND MUCH MORE FOR THE SENIORS. 0 0 16905433 0 20592008 VIAMONTE CONSISTS OF 174 INDEPENDENT LIVING UNITS, WITH AN ADDITIONAL 7 ASSISTED LIVING UNITS AND 10 MEMORY CARE UNITS. VIAMONTE PROVIDES ITS RESIDENTS WITH MEALS, HOUSEKEEPING, LAUNDRY, MAINTENANCE, AND TRANSPORTATION SERVICES, AS WELL AS SALON AND SPA SERVICES. RESIDENTS ARE ALSO ENCOURAGED TO PARTICIPATE IN VARIOUS ACTIVITIES PROVIDED BY VIAMONTE, INCLUDING SOCIAL, PHYSICAL AND CULTURAL ACTIVITIES, E.G., GAMES, YOGA, ETC. 16905433 1 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 27 0 1 83 1 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X MARC SHORES 4152027800 1525 POST STREET SAN FRANCISCO CA 94109 DAVID JAMISON CHAIR 0.10 0.90 X X 0 0 0 STEVE HERMAN VICE CHAIR 0.10 0.90 X X 0 0 0 GARY FREEMAN BOARD MEMBER 0.10 0.90 X 0 0 0 MICHELE STRATTON BOARD MEMBER (THRU 1/24) 0.20 0.80 X 0 0 0 SARA MCVEY PRESIDENT AND CEO 2.00 38.00 X 0 608060 37255 CHARLES SHOEMAKE CFO, TREASURER 2.00 38.00 X 0 399417 43792 MARTHA A ATWOOD CHIEF HR & COMPLIANCE OFFICER 2.00 38.00 X 0 309267 43294 DAVID J LATINA CHIEF BUSN. DEV. OFFICER, SECRETARY 10.00 30.00 X 0 372640 48359 MELODY MITCHELL ALLAN EXECUTIVE DIRECTOR, VIAMONTE 40.00 X 0 261939 43907 PAULA RATHGABER-GOMEZ VP OF SALES AND MARKETING 10.00 30.00 X 0 236377 6850 MARC SHORES VP OF OPERATIONS AND FINANCE 10.00 30.00 X 0 269095 12070 SUZETTE WONG VSL DIRECTOR OF SALES 40.00 X 0 206545 21393 MARY CHRISTINE JEAN DIRECTOR OF WELLNESS ADMINISTRATION VSL 40.00 X 0 155631 6837 ROSEMARIE LAIGO VSL LVN 40.00 X 0 128701 18081 VICTORIA BANKERD VSL SALES ASSISTANT 40.00 X 0 124634 11895 SARAH BETANCOURT VSL LVN 40.00 X 0 104014 14970 0 3176320 308703 0 0 1 0 0 421138 421138 RESIDENT FEES 623000 14008076 14008076 AMORT OF ENTRANCE FEES 623000 5714038 5714038 SERVICE FEES 623000 859905 859905 20582019 1775153 1775153 OTHER INCOME 900099 9989 9989 9989 22788299 20592008 0 1775153 X 131098 131098 4092806 3751968 340838 909706 786521 123185 311945 283845 28100 150468 150468 7698 7698 99945 99945 3594350 3448000 146350 22137 22137 443941 398838 45103 298870 37702 261168 1296173 1236023 60150 14598 5823 8775 43733 18767 24966 1868260 1868260 3364370 3364370 342669 342669 CORPORATE SERVICES 1548444 1548444 FOOD 959588 958691 897 REPAIR AND MAINTENANCE 612748 540349 72399 OTHER EXPENSES 166117 91538 74579 228817 92601 136216 20508481 16905433 3603048 0 30682983 29785674 7377136 7467011 580643 2940044 6791 9398 187483937 13889635 176125687 173594302 760920 215534160 213796429 1416643 2437695 45238451 44128336 1200060 0 172201485 169473059 220056639 216039090 X -4522479 -2242661 -4522479 -2242661 215534160 213796429 2279818 0 X 0 1 X 1 0 X 277 21547 46500 2510 421138 491972 265568 7506979 12478278 17958149 20582019 58790993 265845 7528526 12524778 17960659 21003157 59282965 277 21547 46500 2510 421138 491972 0 277 21547 46500 2510 421138 491972 58790993 398491 46314 670313 2800442 1775153 5690713 398491 46314 670313 2800442 1775153 5690713 7500 59483 7192 2635 9989 86799 671836 7634323 13202283 20763736 22788299 65060477 0.90360 0.90360 0.08750 0.09260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 760920 760920 0 1 X 11211075 11211075 170818855 12036790 158782065 2150147 587675 1562472 3303860 1265170 2038690 173594302 DUE TO AFFILIATES 915564 LIABILITY ON REFUNDABLE CONTRACTS 124603516 UNAMORTIZED ENTRANCE FEES 42476921 REFUNDABLE DEPOSITS 1477058 169473059 X 22788299 0 22788299 0 22788299 20508481 0 20508481 0 20508481 PART IV, LINE 2B: THE REFUNDABLE DEPOSITS ARE REQUIRED TO BE HELD IN ESCROW BY THE STATE OF CALIFORNIA. THERE WERE 10 ESCROW ACCOUNTS DESIGNATED BY PROSPECTS. INTEREST ACCRUED TO THE DEPOSITOR AND WAS RETURNED WITH THE DEPOSIT UPON COMPLETION OF THE UNIT. THE ESCROW BALANCES WERE REFUNDED TO THE RESPECTIVE ACCOUNT HOLDER IN 2024 AND THE ESCROW ACCOUNTS WERE CLOSED IN AUGUST 2024. PART X, LINE 2: VSL HAS BEEN GRANTED TAX EXEMPTION FROM FEDERAL INCOME TAX UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3). THIS INTERNAL REVENUE CODE SECTION PROVIDES FOR TAXATION OF CERTAIN UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THAT VSL HAS HAD NO SIGNIFICANT UNRELATED BUSINESS INCOME TO DATE. VSL IS EXEMPT FROM STATE INCOME TAX UNDER SIMILAR PROVISIONS OF THE FRANCHISE TAX BOARD OF THE STATE OF CALIFORNIA. AT DECEMBER 31, 2024 AND 2023, THERE WERE NO SUCH UNCERTAIN TAX POSITIONS. 0 0 0 0 0 0 0 0 0 SARA MCVEY PRESIDENT AND CEO 0 605221 0 300 0 2539 0 24322 0 12933 0 645315 0 0 CHARLES SHOEMAKE CFO, TREASURER 0 398062 0 300 0 1055 0 16670 0 27122 0 443209 0 0 DAVID J LATINA CHIEF BUSN. DEV. OFFICER, SECRETARY 0 306899 0 63189 0 2552 0 15049 0 33310 0 420999 0 0 MARTHA A ATWOOD CHIEF HR & COMPLIANCE OFFICER 0 306899 0 300 0 2068 0 12531 0 30763 0 352561 0 0 MELODY MITCHELL ALLAN EXECUTIVE DIRECTOR, VIAMONTE 0 258154 0 0 0 3785 0 10597 0 33310 0 305846 0 0 MARC SHORES VP OF OPERATIONS AND FINANCE 0 265385 0 300 0 3410 0 0 0 12070 0 281165 0 0 PAULA RATHGABER-GOMEZ VP OF SALES AND MARKETING 0 231404 0 300 0 4673 0 6255 0 595 0 243227 0 0 SUZETTE WONG VSL DIRECTOR OF SALES 0 124705 0 81000 0 840 0 0 0 21393 0 227938 0 0 MARY CHRISTINE JEAN DIRECTOR OF WELLNESS ADMINISTRATION 0 148561 0 5524 0 1546 0 6240 0 597 0 162468 0 0 PART I, LINE 3 VIAMONTE SENIOR LIVING 1, INC. DOES NOT COMPENSATE ANY DIRECTOR, OFFICER, OR EMPLOYEE. COMPENSATION IS PROVIDED BY A RELATED ORGANIZATION. IN DETERMINING THE COMPENSATION OF THE CEO, THE RELATED ORGANIZATION USES SEVERAL METHODS INCLUDING REVIEW BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS, INDEPENDENT CONSULTANT, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD. A CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 680164610 13080SVB7 2018-05-24 191365162 SEE PART VI 1 0 0 A 143070000 198998571 5924000 14575752 1648564 7174964 157460435 12076191 138665 2021 0 0 0 1 A 0 0 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 1 CITIGROUP GLOBAL MARKETS INC 2.220000000000 1 0 1 A 1 PART I, COLUMN (F): THE BONDS WERE ISSUED FOR THE PURPOSE OF PROVIDING FUNDS TO FINANCE, INCLUDING BY REIMBURSING FOR COSTS PREVIOUSLY PAID BY THE BORROWER, A PORTION OF THE CONSTRUCTION AND EQUIPMENT COSTS FOR A NEW CONTINUING CARE RETIREMENT FACILITY LOCATED IN WALNUT CREEK, CA. PART II, LINE 3: THE TOTAL PROCEEDS SHOWN IN PART II, LINE 3 DIFFERS FROM THE ISSUE PRICE SHOWN IN PART I, (E) DUE TO INTEREST EARNINGS ON INVESTED PROCEEDS. PART III, LINE 7: AS PROVIDED IN TREASURY REGULATION SECTION 1.141-4(C)(2)(I)(B), THE AMOUNT OF PRIVATE PAYMENTS TAKEN INTO ACCOUNT UNDER THE PRIVATE PAYMENT TEST MAY NOT EXCEED THE AMOUNT OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS USE. ACCORDINGLY, THE AMOUNT OF PRIVATE PAYMENTS FOR THE REPORTING PERIOD DOES NOT EXCEED THE AMOUNT STATED IN PART III, LINE 6. THE ORGANIZATION HAS NOT UNDERTAKEN AN ANALYSIS OF THE PRIVATE SECURTY TEST WITH RESPECT TO THE BONDS, AS THE LEVEL OF PRIVATE BUSINESS USE AND/OR UNRELATED TRADE OR BUSINESS REPORTED IN PART III, LINE 6, IS NOT IN EXCESS OF AMOUNTS PERMITTED UNDER SECTION 145 OF THE CODE. PART 4, LINE 2C: THE REBATE COMPUTATION FOR SERIES 2018 A & B WAS COMPLETED BY BLX GROUP LLC ON 7/1/2023. FORM 990, PART VI, SECTION A, LINE 6 VSL WAS FORMED BY SEQUOIA LIVING, INC. ("SEQUOIA LIVING"), FORMERLY KNOWN AS NORTHERN CALIFORNIA PRESBYTERIAN HOMES AND SERVICES, INC., WHICH IS THE SOLE CORPORATE MEMBER OF VSL. FORM 990, PART VI, SECTION A, LINE 7A VSL IS GOVERNED BY A BOARD OF DIRECTORS CONSISTING OF FOUR TO SIX MEMBERS. SEQUOIA LIVING, VSL'S SOLE CORPORATE MEMBER, APPOINTS ALL BOARD MEMBERS. IN ADDITION TO APPOINTMENT OF THE BOARD, SEQUOIA LIVING ALSO PROVIDES MANAGEMENT AND DEVELOPMENT SERVICES TO VSL. FORM 990, PART VI, SECTION A, LINE 7B SEQUOIA LIVING, INC, THE SOLE CORPORATE MEMBER SHALL HAVE THE RIGHT TO VOTE ON: (A) THE ELECTION OF DIRECTORS; (B) THE REMOVAL OF DIRECTORS PURSUANT TO SECTION 5222 OF THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW; (C) ANY AMENDMENT TO THE BYLAWS THAT MATERIALLY AND ADVERSELY AFFECTS MEMBER VOTING RIGHTS, AND ALL AMENDMENTS TO THE ARTICLES OF INCORPORATION OF THE CORPORATION, EXCEPT FOR AMENDMENTS PERMITTED TO BE ADOPTED BY THE BOARD ALONE UNDER SECTION 5812(B) OF THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW; (D) THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION; (E) ANY MERGER OF THE CORPORATION; (F) ANY DISSOLUTION OF THE CORPORATION; (G) ANY CHANGE IN THE FORMAL OR INFORMAL EXPRESSIONS OF PHILOSOPHY OR PURPOSE OF THE CORPORATION; AND (H) ANY OTHER MATTERS THAT MUST PROPERLY BE PRESENTED TO THE MEMBER FOR A VOTE, PURSUANT TO THE CORPORATION'S ARTICLES OF INCORPORATION, BYLAWS, OR ACTION OF THE BOARD, OR BY OPERATION OF THE LAW. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY BAKER TILLY ADVISORY GROUP LP, BASED ON THE INFORMATION PROVIDED BY THE ORGANIZATION'S STAFF. PRIOR TO FILING, THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS AND REVIEWED BY THE AUDIT & COMPLIANCE COMMITTEE OF THE BOARD OF DIRECTORS. ONCE THE FORM 990 IS APPROVED BY THE COMMITTEE, BAKER TILLY ADVISORY GROUP LP SIGNS AS PREPARER AND THE CHIEF FINANCIAL OFFICER SIGNS ON BEHALF OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C VIAMONTE SENIOR LIVING 1 INC. ANNUALLY REVIEWS ANY CONFLICTS DISCLOSED BY ITS BOARD MEMBERS. ANY QUESTIONS THAT ARISE REGARDING POTENTIAL CONFLICTS ARE ADDRESSED IMMEDIATELY. BOARD MEMBERS WHO HAVE A CONFLICT OF INTEREST DO NOT VOTE ON ANY MATTER RELATED TO THE ISSUE FOR WHICH THEY HAVE THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND FORM 990 ARE MADE AVAILABLE TO THE PUBLIC THROUGH THE SEQUOIA LIVING WEBSITE. THE ORGANIZATION ALSO MAKES THESE ITEMS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 193,156. MANAGEMENT AND GENERAL EXPENSES 35,897. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 229,053. SECURITY SERVICES: PROGRAM SERVICE EXPENSES 209,974. MANAGEMENT AND GENERAL EXPENSES 11,628. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 221,602. MEDICAL CARE: PROGRAM SERVICE EXPENSES 383,501. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 383,501. LAUNDRY: PROGRAM SERVICE EXPENSES 2,053. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,053. CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 2,558,298. MANAGEMENT AND GENERAL EXPENSES 10,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,568,298. MEMORY CARE SERVICES: PROGRAM SERVICE EXPENSES 2,410. MANAGEMENT AND GENERAL EXPENSES 2,120. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,530. MARKETING SERVICES: PROGRAM SERVICE EXPENSES 48,881. MANAGEMENT AND GENERAL EXPENSES 42,981. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 91,862. ADMINISTRATIVE SERVICES: PROGRAM SERVICE EXPENSES 13,956. MANAGEMENT AND GENERAL EXPENSES 12,271. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 26,227. OTHER SERVICES: PROGRAM SERVICE EXPENSES 35,771. MANAGEMENT AND GENERAL EXPENSES 31,453. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 67,224. SEQUOIA LIVING INC 1525 POST STREET SAN FRANCISCO CA 94109 941437728 ELDERLY CARE CA 501(C)(3) LINE 10 N/A 0 SENIOR SERVICES FOR NORTHERN CALIFORNIA 1525 POST STREET SAN FRANCISCO CA 94109 946615829 SUPPORT SEQUOIA LIVING CA 501(C)(3) LINE 12A, I SEQUOIA LIVING INC 0 NCPHS COMMUNITY SERVICES 1525 POST STREET SAN FRANCISCO CA 94109 452355370 COMMUNITY SVC CA 501(C)(3) LINE 12A, I SEQUOIA LIVING INC 0 SAN FRANCISCO SENIOR CENTER 890 BEACH STREET SAN FRANCISCO CA 94109 941212136 COMMUNITY SVC CA 501(C)(3) LINE 7 SEQUOIA LIVING INC 0 WESTERN PARK APARTMENTS LP 1525 POST STREET SAN FRANCISCO CA 94109 462285501 REAL ESTATE CA N/A 0 0 TOWN PARK TOWERS LP 1525 POST STREET SAN FRANCISCO CA 94109 473918148 REAL ESTATE CA N/A 0 0 EASTERN PARK APARTMENTS LP 1525 POST STREET SAN FRANCISCO CA 94109 831986925 REAL ESTATE CA N/A 0 0 SL SENIOR VENTURES LLC 1525 POST STREET SAN FRANCISCO CA 94109 261847720 PROPERTY MGMT CA N/A C 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0