2025-06-20T13:45:10-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2024-01-01 680317185 NORTHERN CALIFORNIA RETIRED OFFICERS COMMUNITY INC NORT 7074321100 2600 ESTATES DRIVE FAIRFIELD CA 94533 KEVIN L BURKE CEO 7074321100 2025-06-16 1 1 KERRI N BOGDA CPA P00760402 7177404863 2025-06-16 2024 2025-03-06 01:10:19Z PARADISE VALLEY ESTATES KEVIN L BURKE 2600 ESTATES DRIVE FAIRFIELD CA 94533 52836235 0 X WWW.PVESTATES.COM X 1992 CA HIGH QUALITY CONTINUING CARE RETIREMENT COMMUNITY FOR BOTH MILITARY AND NON-MILITARY CLIENTELE. 14 14 460 30 0 0 226614 251386 43010389 45337788 1046006 1732621 710807 626049 44993816 47947844 71451 225629 0 0 21969204 23048185 0 0 0 27941126 30319058 49981781 53592872 -4987965 -5645028 226528920 223672895 203558850 205191846 22970070 18481049 X PARADISE VALLEY ESTATES IS A PIONEER OF QUALITY LIVING AND CHAMPIONS OF PERSON-CENTERED SERVICES. WE STRIVE TO PROVIDE THE EXPERIENCE OF A LIFETIME FOR A LIFETIME. OUR GOAL IS TO MAXIMIZE THE QUALITY OF EVERY LIFE WE TOUCH. 0 0 27380779 225629 33374116 RESIDENT SERVICES: PARADISE VALLEY ESTATES (PVE) IS A LIFE PLAN COMMUNITY OFFERING GUARANTEED LIFE CARE THROUGH UNLIMITED ACCESS TO A FULL CONTINUUM OF ON-SITE HEALTH SERVICES. RESIDENTS MAINTAIN THE FREEDOM TO CHOOSE THEIR INSURANCE PROVIDERS AND PHYSICIANS WHILE BENEFITING FROM CONVENIENT ACCESS TO NEARBY MEDICAL FACILITIES. OUR ON-SITE WELLNESS PROFESSIONALS SUPPORT RESIDENTS WITH PERSONALIZED HEALTH ASSESSMENTS AND SERVICES DESIGNED TO ENHANCE THEIR QUALITY OF LIFE.CONTINUED IN SCHEDULE OIN PARTNERSHIP WITH NORTHBAY HEALTH, PVE OFFERS ON-SITE CLINICAL CARE PROVIDED BY NORTHBAY MEDICAL PROFESSIONALS, WHO ARE AVAILABLE WEEKLY TO SEE THEIR PATIENTS DIRECTLY WITHIN THE COMMUNITY.OUR CAMPUS FEATURES A FULL RANGE OF LIVING AND CARE OPTIONS, INCLUDING INDEPENDENT RESIDENTIAL LIVING, ASSISTED LIVING, ENHANCED ASSISTED LIVING, MEMORY CARE, REHABILITATION (SHORT- AND LONG-TERM), SKILLED NURSING, PREVENTIVE CARE, PRIMARY CARE, AND IN-HOME SUPPORT. AS RESIDENTS' NEEDS EVOLVE, OUR ALL-INCLUSIVE RATE STRUCTURE ENSURES SEAMLESS TRANSITIONS BETWEEN CARE LEVELS WITHOUT THE NEED TO RELOCATE FROM THE COMMUNITY THEY CALL HOME. 7573774 0 11963672 HEALTH SERVICES: AT PVE, WE OFFER BOTH SHORT-TERM AND LONG-TERM SUPPORT FOR INDIVIDUALS NEEDING ASSISTANCE WITH ACTIVITIES OF DAILY LIVING. WHETHER RECOVERING FROM SURGERY OR REQUIRING ONGOING SKILLED NURSING CARE, RESIDENTS RECEIVE THE ATTENTION AND SERVICES THEY NEED IN A COMPASSIONATE, SUPPORTIVE ENVIRONMENT.CONTINUED IN SCHEDULE OPVE ALSO PROVIDES SPECIALIZED SUPPORT FOR INDIVIDUALS LIVING WITH MEMORY IMPAIRMENTS, OFFERING A SAFE AND ENGAGING SETTING DESIGNED TO ENHANCE THEIR QUALITY OF LIFE. FOR THOSE IN INDEPENDENT LIVING, OUR ON-SITE CLINIC TEAM IS AVAILABLE TO SUPPORT HEALTH AND WELLNESS NEEDS, WHILE RESIDENTS WISHING TO AGE IN PLACE CAN TAKE ADVANTAGE OF PVE AT HOME: OUR IN-HOME CARE SERVICE TAILORED FOR COMFORT AND CONTINUITY.UNDERSTANDING THAT WELL-BEING EXTENDS BEYOND MEDICAL CARE, PVE IS COMMITTED TO SUPPORTING THE EIGHT DIMENSIONS OF WELLNESS: EMOTIONAL, PHYSICAL, SOCIAL, SPIRITUAL, INTELLECTUAL, ENVIRONMENTAL, FINANCIAL, AND OCCUPATIONAL. OUR DEDICATED WELLNESS TEAM WORKS TO PERSONALIZE SERVICES WHENEVER POSSIBLE TO MEET THE UNIQUE NEEDS OF EACH RESIDENT.ADDITIONALLY, PVE PARTNERS WITH A TRUSTED THERAPY PROVIDER TO DELIVER OCCUPATIONAL, PHYSICAL, AND SPEECH THERAPY SERVICES WITHIN OUR SKILLED NURSING SETTING. FOR ADDED CONVENIENCE, WE ALSO OFFER TRANSPORTATION TO AND FROM MEDICAL APPOINTMENTS, ENSURING RESIDENTS RECEIVE SEAMLESS CARE BOTH ON AND OFF CAMPUS. 7571063 0 0 DINING SERVICES:WE TAKE PRIDE IN OFFERING A DIVERSE AND THOUGHTFULLY PREPARED SELECTION OF MEALS FOR BREAKFAST, LUNCH, AND DINNER. EVERY DAY, RESIDENTS CAN ENJOY A VARIETY OF DINING OPTIONS DESIGNED TO SUIT DIFFERENT TASTES AND OCCASIONS, FROM ELEGANT, FORMAL DINING TO RELAXED AL FRESCO MEALS AND PRIVATE SPACES FOR SPECIAL GATHERINGS OR CELEBRATIONS.CONTINUED IN SCHEDULE OBEYOND THE MENU, RESIDENTS ALSO ENJOY THE FREEDOM TO CHOOSE FROM FOUR UNIQUE DINING VENUES, EACH OFFERING ITS OWN AMBIANCE AND EXPERIENCE. FOR THOSE SEEKING A MORE SOCIAL OR CASUAL SETTING, PVE ALSO FEATURES A LOUNGE-STYLE "CLUB" WHERE RESIDENTS CAN UNWIND AND CONNECT WITH FRIENDS IN A WELCOMING ATMOSPHERE.OUR CULINARY PROGRAM IS BUILT TO SUPPORT NOT ONLY NUTRITION, BUT ALSO THE JOY AND CONNECTION THAT COME WITH SHARED MEALS. 42525616 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 103 0 460 1 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X MIKE SULHAN 7074321100 2600 ESTATES DRIVE FAIRFIELD CA 94533 COL SANDRA SCHMIDT-BERRINGER USAF CHAIR 6.00 0.00 X X 0 0 0 MR JOHN DIMICHELE VICE-CHAIR 6.00 0.00 X X 0 0 0 LT COL GARY ERICKSON USAF TREASURER 6.00 0.00 X X 0 0 0 MAJ GEN GEOFFREY WIEDEMAN USAF SECRETARY 6.00 0.00 X X 0 0 0 COL ANDREA ANDRESEN BOARD MEMBER 3.00 0.00 X 0 0 0 COL DEBORAH ASPLING USAF BOARD MEMBER 3.00 0.00 X 0 0 0 LTC ROBERT BOWERS USA BOARD MEMBER 3.00 0.00 X 0 0 0 MS MARIE SMITH BOARD MEMBER 3.00 0.00 X 0 0 0 LTC THOMAS KURKJIAN USA BOARD MEMBER 3.00 0.00 X 0 0 0 DR EDWARD LEVIN MD BOARD MEMBER 3.00 0.00 X 0 0 0 DR JENNY MULTANI MD BOARD MEMBER 3.00 0.00 X 0 0 0 MR SEAN QUINN BOARD MEMBER 6.00 0.00 X 0 0 0 MS PING YANG BOARD MEMBER 3.00 0.00 X 0 0 0 KEVIN BURKE CHIEF EXECUTIVE OFFICER 40.00 0.00 X 351017 0 44242 STEPHEN NEFF VP HEALTHCARE OPER. (UNTIL 7/24) 40.00 0.00 X 151703 0 33003 SHANNON DODDS VP OF OPERATIONS 40.00 0.00 X 241085 0 48989 EMILY DORAN SALES COORDINATOR 40.00 0.00 X 182514 0 17671 PATRICIA LUCCIONI SALES & MARKETING DIRECTOR 40.00 0.00 X 217070 0 35055 JEFFREY RAUSIS DIR. OF COMMUNICATIONS & TECH. 40.00 0.00 X 163882 0 46912 SONJA DUERST CLINICAL SERVICES DIRECTOR 40.00 0.00 X 166164 0 30017 LISA COE SR. DIR OF ENGAGEMENT & COMPLIANCE 40.00 0.00 X 156696 0 45505 1630131 0 301394 33 0 1 0 GYDS HOME DESIGN 755 SUNRISE AVE SUITE 150 ROSEVILLE CA 95661 CONSTRUCTION SERVICES 3113322 AEGIS THERAPIES PO BOX 936653 ATLANTA GA 31193 THERAPY SVC. 496691 TRUE NORTH LANDSCAPES PO BOX 2823 SANTA ROSA CA 95404 LANDSCAPING SVC. 461120 HANSON BRIDGETT 425 MARKET STREET 26TH FLOOR SAN FRANCISCO CA 94105 LEGAL SERVICES 444436 INTERIM HEALTHCARE INC (XNO SOLUTIONS) 1261 TRAVIS BLVD SUITE 180 FAIRFIELD CA 94533 TEMP AGENCY 394111 6 251386 251386 RESIDENT SERVICES 623000 24523058 24523058 HEALTH SERVICES 623000 11793229 11793229 ENTRANCE FEE AMORTIZATION 623000 8851058 8851058 HOME CARE SERVICES 621610 170443 170443 45337788 1078403 1078403 39950 18377 21573 21573 21573 5524232 4870014 654218 654218 654218 MEALS 722514 258837 258837 OTHER RESIDENT REVENUE 623000 150850 150850 GUEST ROOMS 721310 90125 90125 104664 104664 604476 47947844 45337788 0 2358670 225629 225629 870038 870038 18788626 16699022 2089604 457577 430560 27017 1224998 1056944 168054 1706946 1443909 263037 658063 658063 963511 963511 7533 7533 112834 112834 2723155 1339606 1383549 251497 251497 710127 377288 332839 720837 720837 4122610 3942969 179641 253889 176601 77288 3875732 3875732 8217228 8217228 1271044 1271044 FOOD RELATED EXPENSES 2748922 2709751 39171 REPAIRS AND MAINTENANCE 1207577 1207577 OTHER EXPENSESS 670816 66437 604379 BAD DEBT EXPENSE 512048 512048 1291635 756363 535272 53592872 42525616 11067256 0 1340564 8186829 92010 108307 1552867 947885 158004 127978 1606921 1756532 262403920 95589674 170167701 166814246 46437578 43874056 5173275 1857062 226528920 223672895 6227642 6512428 76367379 83020955 102123313 94321076 18840516 21337387 203558850 205191846 X 20539804 16217594 2430266 2263455 22970070 18481049 226528920 223672895 X -5645028 1147329 8678 X 0 1 X 1 0 X 1446061 3634598 1599249 226614 251386 7157908 35630921 36304077 39927175 43010389 45337788 200210350 37076982 39938675 41526424 43237003 45589174 207368258 0 0 0 207368258 1939646 1191656 923442 1125228 1078403 6258375 1939646 1191656 923442 1125228 1078403 6258375 6719 6719 59779 192800 402235 691577 637172 1983563 39083126 41323131 42852101 45053808 47304749 215616915 0.96170 0.95490 0.02900 0.03810 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: CAFE - 2020 AMOUNT: $ 59,779. OTHER RESIDENT REVENUE - 2021 AMOUNT: $ 25,394. 2022 AMOUNT: $ 140,539. 2023 AMOUNT: $ 173,720. 2024 AMOUNT: $ 183,546. MEALS - 2021 AMOUNT: $ 130,715. 2022 AMOUNT: $ 156,240. 2023 AMOUNT: $ 242,357. 2024 AMOUNT: $ 258,837. GUEST ROOMS - 2021 AMOUNT: $ 18,538. 2022 AMOUNT: $ 45,285. 2023 AMOUNT: $ 85,548. 2024 AMOUNT: $ 90,125. CATERING - 2021 AMOUNT: $ 18,153. 2022 AMOUNT: $ 60,171. 2023 AMOUNT: $ 59,403. 2024 AMOUNT: $ 79,818. REFUNDS/REBATES - 2023 AMOUNT: $ 130,549. 2024 AMOUNT: $ 24,846. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 7533 7533 0 PART II-B, LINE 1: DURING THE YEAR 2024, NORTHERN CALIFORNIA RETIRED OFFICERS COMMUNITY PAID DUES TO LEADINGAGE CALIFORNIA AND LEADINGAGE. THE PORTION OF THE DUES ATTRIBUTABLE TO LOBBYING FOR THE YEAR WAS $7,533. 9872311 9872311 199224806 59169724 140055082 28878696 26117630 2761066 24428107 10302320 14125787 166814246 REFUNDABLE ENTRANCE FEES 18775662 ACCRUED INTEREST 2298925 RENT DEPOSITS 262800 21337387 49122228 1147329 8678 1156007 47966221 -18377 -18377 47947844 53611249 18377 18377 53592872 0 53592872 PART XI, LINE 2D - OTHER ADJUSTMENTS: GAIN ON CHARITABLE REMAINDER ANNUITY 8,678. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -18,377. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 18,377. 1 SCHOLARSHIPS 15 43668 BENEVOLENCE 4 181961 PART I, LINE 2: EMPLOYEE APPLICATIONS ARE REVIEWED FOR SCHOLARSHIPS ELIGIBILITY VIA THE HR DEPARTMENT AS THE LIAISON TO THE SCHOLARSHIP COMMITTEE. RESIDENTS THEN INTERVIEW THE TEAM MEMBERS BEFORE MAKING SELECTIONS AS TO WHO WILL BE REWARDED A SCHOLARSHIP. TEAM MEMBERS ARE GIVEN ONE YEAR FROM THE DATE OF BEING AWARDED THE SCHOLARSHIP TO USE SCHOLARSHIP FUNDS FOR TUITION, BOOKS, AND LAB FEES. RESIDENTS NEEDING BENEVOLENCE CAN APPLY FOR FINANCIAL ASSISTANCE. THEY MUST TURN IN FINANCIAL DOCUMENTS INCLUSIVE OF TAX RETURNS, RETIREMENT ACCOUNTS, BANK STATEMENTS, OR ANY OTHER INCOME SOURCE. THIS INFORMATION IS UTILIZED TO DO A RE-REVIEW OF THEIR FINANCIAL STANDING. SHOULD THE RESIDENTS NEED FINANCIAL ASSISTANCE THE REQUEST WILL BE REVIEWED ANONYMOUSLY WITH THE PVE BOARD OF DIRECTORS FOR FINAL APPROVAL. THE FUNDS ARE REVIEWED MONTHLY BY THE ACCOUNTING DEPARTMENT AND CFO WITH A REPORT SENT TO THE SCHOLARSHIP AND BENEVOLENCE COMMITTEES EVERY MONTH. APPROVAL TO USE THE FUNDS IS GRANTED BY THE COMMITTEES. X X X 0 0 0 0 0 0 0 1 0 KEVIN BURKE CHIEF EXECUTIVE OFFICER 347127 0 2465 0 1425 0 36800 0 7442 0 395259 0 0 0 SHANNON DODDS VP OF OPERATIONS 237087 0 2098 0 1900 0 22460 0 26529 0 290074 0 0 0 PATRICIA LUCCIONI SALES & MARKETING DIRECTOR 144104 0 72016 0 950 0 18530 0 16525 0 252125 0 0 0 JEFFREY RAUSIS DIR. OF COMMUNICATIONS & TECH. 162128 0 0 0 1754 0 16141 0 30771 0 210794 0 0 0 LISA COE SR. DIR OF ENGAGEMENT & COMPLIANCE 154796 0 0 0 1900 0 15384 0 30121 0 202201 0 0 0 EMILY DORAN SALES COORDINATOR 94588 0 86976 0 950 0 7263 0 10408 0 200185 0 0 0 SONJA DUERST CLINICAL SERVICES DIRECTOR 164632 0 1532 0 0 0 16251 0 13766 0 196181 0 0 0 STEPHEN NEFF VP HEALTHCARE OPER. (UNTIL 7/24) 150607 0 0 0 1096 0 18876 0 14127 0 184706 0 0 0 PART I, LINE 7 BONUSES FOR THE EXECUTIVES ARE BASED ON MEETING THEIR BUDGETS AND THE COMPLETION OF CERTAIN GOALS. PERFORMANCE BASED BONUSES REQUIRE JUSTIFICATION AND APPROVAL BY THE ORGANIZATION'S EXECUTIVE TEAM. OTHER BONUSES SUCH AS REFERRAL AND MARKETING BONUSES ARE BASED ON SPECIFIC GOALS. A CALIFORNIA HEALTH FACILITIES FINANCE AUTHORITY 521643828 13033LU47 2013-04-04 35426298 REFUNDING ISSUE-2002 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY 521643828 13048TM42 2016-11-30 22080000 ADVANCE REFUNDING 2005 BONDS AND CONSTRUCTION OF PARKING GARAGE & MEMORY CC 0 0 0 C CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048VGY8 2019-03-07 105328790 TO CONSTRUCT A RETIREMENT COMMUNITY 0 0 0 A 26020000 35426298 564460 806505 30737122 2013 1 0 1 1 B 3665000 22080000 675209 673177 11133093 9598521 2017 0 1 1 1 C 29100000 105328790 3155383 1594007 4853783 95742278 2021 0 0 1 1 A 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 B 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 C 0 1 1 1 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 C 0 0 0 1 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA HEALTH FACILITIES FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/06/2018 ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/17/2019 ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 04/16/2024 FORM 990, PART VI, SECTION A, LINE 1A THE ORGANIZATION HAS AN EXECUTIVE COMMITTEE THAT CAN ACT WITH FULL AUTHORITY OF THE BOARD BETWEEN BOARD MEETINGS, SUBJECT TO STATUTORY AND BOARD IMPOSED LIMITATIONS ON COMMITTEE ACTION. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED BY THE FINANCE COMMITTEE AND APPROVED BY THE BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEWS THE CONFLICT OF INTEREST POLICY AT THE ORGANIZATION'S ANNUAL MEETING AT WHICH TIME EACH BOARD MEMBER IS ASKED TO REVIEW THE POLICY AND PROVIDE THEIR SIGNATURE INDICATING THERE IS NO KNOWN EXISTING CONFLICT. ANY DISCLOSED CONFLICT WOULD BE REMEDIED AS OUTLINED IN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY, THE CHIEF HUMAN RESOURCE OFFICER CONDUCTS SALARY SURVEYS WITH TRADE ASSOCIATIONS, LOCAL GOVERNMENT AGENCIES AND REGIONAL SOURCES TO DEVELOP COMPENSATION DATA AND TO ENSURE COMPENSATION IS WITHIN FAIR MARKET RANGE FOR THE INDUSTRY. THAT DATA IS THEN PRESENTED TO THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW AND SUBSEQUENT COMPENSATION RECOMMENDATIONS. COMPENSATION DISCUSSIONS ARE INCLUDED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION C, LINE 19 FINANCIALS ARE AVAILABLE ON DAC/EMMA AND IN THE LIBRARY ON SITE. GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: GAIN ON CHARITABLE REMAINDER ANNUITY 8,678.