2024-05-14T14:15:40-05:00 2023-06-30 272087941 MELISSA PETERSEN AND COMPANY PO BOX 92202 SANTA BARBARA CA 93190 990 2022-07-01 953264110 Solvang Friendship House SOLV 8056888748 880 Friendship Lne Solvang CA 93463 Tammy Westwood Executive Director 8056888748 2024-05-14 1 Tammy Westwood 999009999 1 Melissa Petersen P01072423 8056948331 X 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Steen Weber 880 Friendship Lne Solvang CA 93463 3841310 0 X www.solvangfriendshiphouse.com X 1978 CA To provide assisted living and day program services for elderly and alzheimer residents. 12 12 68 12 0 0 559866 548962 2929052 3122464 27285 19743 -190563 -74036 3325640 3617133 0 0 0 0 2390619 2597711 22983 0 21866 1137430 1369394 3551032 3967105 -225392 -349972 4049430 3789270 455440 507250 3593990 3282020 To provide assisted living and day program services for elderly and alzheimer residents. 0 0 3700067 3089464 Operation of residential care facility. Assisted living for elderly and alzheimer residents, serving approximately 40 residents in the current year. Operation of life enrichment program providing day care for dependent seniors living at home, serving approximately 15 seniors in the current year. 3700067 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 16 0 68 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 CA X Tammy Westwood 8056888748 880 Friendship Lne Solvang CA 93463 Steen Weber Board Chair 2.00 X X 0 0 0 Joe Dugan Vice Chair 2.00 X X 0 0 0 Judy Canby Treasurer 2.00 X X 0 0 0 Ann Young Secretary 2.00 X X 0 0 0 Barbara Allen Trustee 0.25 X 0 0 0 Walt Alves Trustee 0.25 X 0 0 0 Kathleen Campbell Trustee 0.25 X 0 0 0 Tom Holmes Trustee 0.25 X 0 0 0 Bob H Hinnrichs Trustee 0.25 X 0 0 0 Dr Art Kaslow Trustee 0.25 X 0 0 0 Greg Pensa Trustee 0.25 X 0 0 0 Melissa Redell Trustee 0.25 X 0 0 0 Tammy Westwood Executive Director 40.00 X 114981 0 0 114981 0 0 1 0 0 0 0 404157 144805 256595 548962 Residents rents 3089464 3089464 New Admission Fees 33000 33000 3122464 19743 19743 141633 404157 224177 -82544 -82544 Change in value of CRT 8508 8508 8508 3617133 3150715 0 -82544 115580 49519 49519 16542 2190521 2137891 51368 1262 116131 110154 5080 897 175479 166447 7677 1355 48362 48362 27236 21400 5836 39421 37176 2245 29725 24942 2973 1810 13387 13387 6264 6264 13986 13986 188463 169617 18846 187007 168306 18701 Repairs and Maintenance 219869 219869 Utilities 205787 185208 20579 Household Supplies 193342 193342 Food 152639 152639 43906 43906 3967105 3700067 245172 21866 137489 144463 104228 94345 36342 20564 5960549 3683395 2404463 2277154 1035796 925906 331112 326838 4049430 3789270 197392 235216 258048 272034 455440 507250 X 3327306 3006828 266684 275192 3593990 3282020 4049430 3789270 -349972 38002 0 X 0 1 X 1 0 X 324516 276672 696744 559866 548962 2406760 2610198 2900431 2771313 2929052 3122464 14333458 20282 -6307 58033 -9813 8508 70703 2954996 3170796 3526090 3479105 3679934 16810921 0 0 0 16810921 27041 42516 21702 7182 -11359 87082 27041 42516 21702 7182 -11359 87082 2982037 3213312 3547792 3486287 3668575 16898003 0.99480 0.98960 0.00520 0.01000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 317564 317564 4288346 2701213 1587133 1354639 982182 372457 2277154 Value of Charitable Remainder Trust 275192 Other assets 51646 326838 3655135 38002 38002 3617133 0 3617133 3967105 0 3967105 0 3967105 Nashville Nights 299136 202954 96182 6430 25118 63185 Wine, Women and Shoes 246654 201203 45451 87562 41882 545790 404157 141633 6430 112680 105067 224177 -82544 Steen Weber Banker Interest exp/fees 0 Schedule L, Part V - Additional Information Steen Weber is a board member of the Organization and is also a Senior Vice President of a bank which is the lender of the Oganization's secured loan and where the Organization maintains a checking account. Mr. Weber assists the Organization with investment management. During the year ended June 30, 2023, the Organization paid nominal bank fees related to the checking account and paid a market rate of interest expense on the secured line of credit. X Auction items 100 256595 FMV 0 0 0 Form 990, Part VI, Section B, line 11b The 990 is reviewed in detail by managment and the Executive Committee of the board. It is then circulated to all board members for review prior to filing. Form 990, Part VI, Section B, line 12c The Executive Director monitors for any conflicts and brings any matters to the board of directors. Annual disclosure of any conflicts by officers, directors, trustees and key employees is required. Form 990, Part VI, Section B, line 15a The Executive Committee conducts annual reviews and submits recommendation of compensation adjustments to the board of directors for approval. This is documented in the Executive Committee minutes. Form 990, Part VI, Section C, line 19 The Organization makes its governing documents, forms 990 and financial statements, available upon request, by contacting the main office during normal business hours.