2024-11-12T14:27:23-06:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1570 FRUITVILLE PIKE SUITE 400 LANCASTER PA 17601 990 2023-01-01 951894293 HUMANGOOD SOCAL HUMA 8182470420 1900 HUNTINGTON DRIVE DUARTE CA 91010 ANDREW MCDONALD CFO 8182470420 2024-10-28 1 0 KERRI N BOGDA CPA P00760402 7177404863 2024-10-28 2023 2024-10-15 13:58:12Z JOHN H COCHRANE III 1900 HUNTINGTON DRIVE DUARTE CA 91010 188220527 0 X WWW.HUMANGOOD.ORG X 1955 CA TO HELP OLDER ADULTS LIVE THEIR BEST LIVES POSSIBLE, HOWEVER THEY DEFINE IT. 8 1 1484 0 0 0 10321766 892155 112009690 123114163 1503933 13188908 797689 1367646 124633078 138562872 287905 1980862 0 0 72547745 71052525 0 0 0 55191787 55769040 128027437 128802427 -3394359 9760445 302401771 318089473 291601169 291388393 10800602 26701080 X AT HUMANGOOD WE BELIEVE EVERYONE SHOULD HAVE THE OPPORTUNITY TO LIVE WITH ENTHUSIASM, CONFIDENCE AND SECURITY, REGARDLESS OF PHYSICAL, SOCIAL, OR ECONOMIC CIRCUMSTANCES. AND WHEN WE SAY EVERYONE, WE MEAN EVERYONE - INCLUDING YOU.BECAUSE WE BELIEVE THIS, OUR MISSION IS TO INSPIRE YOUR BEST LIFE.WE DO THAT BY WORKING HAND-IN-HAND TO CREATE EXPERIENCES THAT MATTER TO YOU. 0 0 111986571 1980862 123114163 HUMANGOOD SOCAL, THROUGH ITS LIFE PLAN COMMUNITIES (FORMERLY CONTINUING CARE RETIREMENT COMMUNITIES) PROVIDES DIRECT RESIDENT CARE FOR SENIORS IN FIVE CALIFORNIA LOCATIONS, INCLUDING INDEPENDENT LIVING AND ASSISTED LIVING, MEMORY CARE, NURSING, AND HOME CARE. IT ALSO PROVIDES OUTREACH AND WELLNESS SERVICES; SERVICES INCLUDE HOUSING, MEALS PROGRAM, HOUSEKEEPING, MAINTENANCE AND ACTIVITIES.HUMANGOOD SOCAL ACHIEVES ITS CHARITABLE OBJECTIVES THROUGH: - SERVICES PROVIDED TO SENIORS (A PROTECTED CLASS)- SUBSIDIZED ALLOWANCES TO RESIDENTS UNABLE TO PAY FULLY ESTABLISHED RATES- EDUCATIONAL ACTIVITIES INVOLVING STAFF, RESIDENTS, AND AGING SERVICES PROFESSIONALS- PAYMENT FOR ITEMS NOT REIMBURSED BY OTHER 3RD PARTY CONTRACTS- SUPPORT GROUPS FOR NON-RESIDENTS- USE OF FACILITIES BY THE COMMUNITY - COMMUNITY CHARITY AND VOLUNTEER SUPPORT- OTHER COMMUNITY BENEFITS TO RESIDENTS OF HUMANGOOD SOCAL AND TO THE COMMUNITY AT LARGE 111986571 1 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 198 0 1484 1 0 0 0 0 0 0 0 0 0 0 1 0 X 8 1 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 1 0 CA X X ANDREW MCDONALD CFO 9259247196 1900 HUNTINGTON DRIVE DUARTE CA 91010 X RANDALL L STAMPER CHAIR 1.00 15.70 X X 0 73000 0 ALBERT W KELLEY VICE CHAIR 0.50 11.10 X X 0 63000 0 H DECLAN BROWN SECRETARY 0.50 13.70 X X 0 63000 0 JUDITH BAKER DIRECTOR 0.50 11.10 X 0 63000 0 REV MICHELLE HOLMES DIRECTOR 0.50 11.70 X 0 63000 0 WILLIAM BATTISON DIRECTOR 0.50 10.10 X 0 63000 0 ALAN GRIFFITH DIRECTOR 0.50 11.80 X 0 63000 0 IRENE FELLER RESIDENT DIRECTOR 0.50 X 0 0 0 JOHN H COCHRANE III PRESIDENT/CHIEF EXECUTIVE OFFICER 8.00 32.00 X 1097391 0 40383 DANIEL OGUS CHIEF OPERATING OFFICER 8.00 32.00 X 853732 0 41587 ANDREW MCDONALD CHIEF FINANCIAL OFFICER 7.00 33.00 X 0 611176 40715 BETHANY GHASSEMI CHIEF LEGAL OFFICER 7.00 33.00 X 0 545496 15193 FLEMING MENG CIO (UNTIL 1/23) 0.00 X 0 110080 0 NICK LINDBERG CHIEF INFORMATION OFFICER 7.00 33.00 X 0 227297 1975 JAMES PARK VP COMMUNICATIONS 11.00 29.00 X 276678 0 33578 LISA HOLLAND VP REGIONAL OPERATIONS 11.00 29.00 X 299806 0 34595 MARC HERRERA VP HEALTHCARE & QUALITY 11.00 29.00 X 461375 0 24927 ANIKA HARTOUNIAN VP OF FINANCE 7.00 33.00 X 296559 0 38036 SUZANNE NAGEL VP MARKETING 11.00 29.00 X 276191 0 39098 SHACASEY ROGERS VP HUMAN RESOURCES 11.00 29.00 X 0 372622 24300 DENNIS GRADILLAS VP SALES 12.00 28.00 X 0 447778 38691 GREGORY BEARCE VP REGIONAL OPERATIONS 11.00 29.00 X 0 252310 32636 JESSICA LOPEZ VP REGIONAL OPERATIONS 11.00 29.00 X 0 283477 44057 DEBBY GONZALES VP REGIONAL OPERATIONS 11.00 29.00 X 0 301613 21746 MICAELLA KIM SR. DIRECTOR HEALTHCARE SVCS. 40.00 X 290628 0 23854 MICHELLE FORBES DIRECTOR SALES 40.00 X 311184 0 27244 ANDREW SMITH EXECUTIVE DIRECTOR 40.00 X 263306 0 34214 BRITTNEY LOZANO DIRECTOR SALES 40.00 X 254362 0 8793 DAVID RODRIQUEZ SALES COUNSELOR 40.00 X 258869 0 30929 4940081 3602849 596551 76 0 1 0 MORRISON MANAGEMENT SPECIALISTS PO BOX 102289 ATLANTA GA 30368 DINING SERVICES 9816589 INLAND BUILDERS GROUP INC 31500 GRAPE ST STE 3-140 LAKE ELSINORE CA 92532 CONSTRUCTION SERVICES 1930257 COMMERCIAL ENERGY OF MONTANA INC DEPT LA 23708 PASADENA CA 91185 ENERGY CONSULTANT 1419157 HOME ENERGY SYSTEMS 9085 AERO DR STE A SAN DIEGO CA 92123 SOLAR CONSULTANT 1385587 NEW LIFE PHYSICAL THERAPY SERVICES PC PO BOX 69460 BALTIMORE MD 21564 THERAPY SERVICES 1204472 74 689655 202500 892155 RESIDENT SERVICE FEE 623000 101223271 101223271 AMORTIZATION OF ENTRANCE FEE 623000 21890892 21890892 123114163 4663000 4663000 43726549 14457014 43453123 6204532 273426 8252482 8525908 8525908 RESIDENT UPGRADES 900099 512853 512853 EMPLOYEE/GUEST MEALS 900099 334323 334323 HOUSEKEEPING & MAINTENANCE 900099 199509 199509 320961 320961 1367646 138562872 123114163 0 14556554 1980862 1980862 3749475 3056408 693067 52416948 42728004 9688944 3295641 2686462 609179 5846633 4765920 1080713 5743828 4682117 1061711 85261 85261 218926 218926 11241 11241 360128 360128 7422847 6181587 1241260 1793109 1785737 7372 971880 812211 159669 9996392 9954304 42088 644691 228632 416059 174219 21202 153017 17327590 17184197 143393 2388792 2378010 10782 SUPPLIES 8427907 8172694 255213 ANCILLARY SERVICES EXP. 3028541 3028541 REPAIRS & MAINTENANCE 1713342 1713342 BAD DEBT EXPENSES 306741 306741 897433 626341 271092 128802427 111986571 16815856 0 2046574 9389614 19075726 5294968 8588129 7535230 274939 255802 1171457 1318351 375733714 206647698 169361372 169086016 91442975 114450144 10440599 10759348 302401771 318089473 7521327 7641001 108548545 110806357 175531297 172941035 291601169 291388393 X 10800602 26701080 10800602 26701080 302401771 318089473 X 9760445 4801843 1338190 X 0 1 X 1 0 X 536824 3408639 952359 10321766 892155 16111743 94360057 103019693 104017435 112009690 123114163 536521038 94896881 106428332 104969794 122331456 124006318 552632781 0 0 0 552632781 3751996 2934859 2509260 3551371 4663000 17410486 3751996 2934859 2509260 3551371 4663000 17410486 2184737 1180501 804876 797689 1367646 6335449 100833614 110543692 108283930 126680516 130036964 576378716 0.95880 0.95830 0.03020 0.03070 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 2,184,737. 2020 AMOUNT: $ 1,180,501. 2021 AMOUNT: $ 804,876. 2022 AMOUNT: $ 797,689. 2023 AMOUNT: $ 1,367,646. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 11241 11241 0 PART II-B, LINE 1: THE ORGANIZATION PAYS DUES TO LEADING AGE, A PORTION OF WHICH IS CONSIDERED LOBBYING. 6950758 6950758 315301180 182838061 132463119 35004206 18735250 16268956 18477570 5074387 13403183 169086016 ENTRANCE FEE - REBATABLE 47281411 ENTRANCE FEE - SUBJECT TO REFUND 41642193 ENTRANCE FEE - NONREFUNDABLE 75892046 RESIDENT DEPOSITS 986850 WORKERS COMPENSATION 5765200 DUE TO AFFILIATES 1291361 OTHER LIABILITIES 81974 172941035 X 143682627 4801843 978062 5779905 137902722 660150 660150 138562872 127782149 -660150 -660150 128442299 360128 360128 128802427 PART X, LINE 2: THE CORPORATIONS ASSESS UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH THE PROVISIONS OF THE FASB ASC TOPIC 740-10, INCOME TAXES. THE CORPORATIONS RECOGNIZE 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 CORPORATIONS RECOGNIZE INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN OPERATING EXPENSES. AS OF DECEMBER 31, 2023 AND 2022, AND FOR THE YEAR ENDED DECEMBER 31, 2023, THERE WERE NO SUCH UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN MINIMUM PENSION LIABILITY 1,512,039. CHANGE IN INTEREST RATE SWAPS AND CAPS -173,849. INVESTMENT MANAGEMENT FEES NETTED AGAINST REVENUES ON FINANCIALS -360,128. PART XI, LINE 4B - OTHER ADJUSTMENTS: RESIDENT UPGRADES NETTED AGAINST EXPENSES ON FINANCIALS 660,150. PART XII, LINE 2D - OTHER ADJUSTMENTS: RESIDENT UPGRADES NETTED AGAINST EXPENSES ON FINANCIALS -660,150. PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT MANAGEMENT FEES NETTED AGAINST REVENUES ON FINANCIALS 360,128. 1 HUMANGOOD CORNERSTONE 1900 HUNTINGTON DRIVE DUARTE CA 91010 300184304 501(C)(3) 1639400 0 CAPITAL CONTRIBUTIONS HUMANGOOD FOUNDATION SOUTH 1900 HUNTINGTON DRIVE DUARTE CA 91010 911931309 501(C)(3) 341462 0 OVERHEAD COST SUBSIDIZATION 2 0 PART I, LINE 2: STRATEGIC GRANTS MADE BY HUMANGOOD SOCAL ARE DONE SO AS PART OF THE ANNUAL BUDGET PROCESS AND SUBJECT TO BOARD APPROVAL AND AUDIT COMMITTEE OVERSIGHT. NOTE THE LISTED RECIPIENTS ARE ALL AFFILIATES OF HUMANGOOD SOCAL AND DISBURSEMENTS ARE MONITORED THROUGH COMMON MANAGEMENT OVERSIGHT. X X X 1 1 0 1 0 0 0 0 0 1 0 JOHN H COCHRANE III PRESIDENT/CHIEF EXECUTIVE OFFICER 623393 0 438900 0 35098 0 13200 0 27183 0 1137774 0 0 0 DANIEL OGUS CHIEF OPERATING OFFICER 496166 0 314160 0 43406 0 13200 0 28387 0 895319 0 0 0 ANDREW MCDONALD CHIEF FINANCIAL OFFICER 0 397572 0 191100 0 22504 0 12711 0 28004 0 651891 0 0 BETHANY GHASSEMI CHIEF LEGAL OFFICER 0 348235 0 166530 0 30731 0 13280 0 1913 0 560689 0 0 DENNIS GRADILLAS VP SALES 0 217025 0 219826 0 10927 0 12614 0 26077 0 486469 0 0 MARC HERRERA VP HEALTHCARE & QUALITY 114603 0 66129 0 280643 0 11930 0 12997 0 486302 0 0 0 SHACASEY ROGERS VP HUMAN RESOURCES 0 247437 0 83294 0 41891 0 11996 0 12304 0 396922 0 0 MICHELLE FORBES DIRECTOR SALES 87585 0 222867 0 732 0 12103 0 15141 0 338428 0 0 0 ANIKA HARTOUNIAN VP OF FINANCE 182411 0 106950 0 7198 0 8455 0 29581 0 334595 0 0 0 LISA HOLLAND VP REGIONAL OPERATIONS 203406 0 84588 0 11812 0 11769 0 22826 0 334401 0 0 0 JESSICA LOPEZ VP REGIONAL OPERATIONS 0 195628 0 80451 0 7398 0 11192 0 32865 0 327534 0 0 DEBBY GONZALES VP REGIONAL OPERATIONS 0 205980 0 64275 0 31358 0 9384 0 12362 0 323359 0 0 SUZANNE NAGEL VP MARKETING 191164 0 79040 0 5987 0 6264 0 32834 0 315289 0 0 0 MICAELLA KIM SR. DIRECTOR HEALTHCARE SVCS. 204840 0 60482 0 25306 0 13241 0 10613 0 314482 0 0 0 JAMES PARK VP COMMUNICATIONS 187822 0 69960 0 18896 0 12626 0 20952 0 310256 0 0 0 ANDREW SMITH EXECUTIVE DIRECTOR 186236 0 75602 0 1468 0 1538 0 32676 0 297520 0 0 0 DAVID RODRIQUEZ SALES COUNSELOR 82774 0 174951 0 1144 0 12664 0 18265 0 289798 0 0 0 GREGORY BEARCE VP REGIONAL OPERATIONS 0 144188 0 78208 0 29914 0 11480 0 21156 0 284946 0 0 BRITTNEY LOZANO DIRECTOR SALES 100506 0 153605 0 251 0 8234 0 559 0 263155 0 0 0 NICK LINDBERG CHIEF INFORMATION OFFICER 0 226828 0 0 0 469 0 0 0 1975 0 229272 0 0 PART I, LINE 1A FIRST CLASS TRAVEL IS AVAILABLE TO EXECUTIVE TEAM MEMBERS OF THE ORGANIZATION. TRAVEL FOR COMPANIONS IS AVAILABLE FOR EXECUTIVE TEAM MEMBERS. A COST REIMBURSEMENT BENEFIT OF $60/MONTH IS AVAILABLE TO CERTAIN EXECUTIVE TEAM MEMBERS FOR MONTHLY GYM MEMBERSHIP DUES. PART I, LINE 3 COMPENSATION OF THE CEO IS DETERMINED BY HUMANGOOD USING THE FOLLOWING METHODS: COMPENSATION COMMITTEE, COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY/STUDY AND APPROVAL BY THE BOARD/COMPENSATION COMMITTEE. PART I, LINE 4B CERTAIN KEY EXECUTIVES WERE ALLOWED TO PARTICIPATE IN AN IRC 457(F) PLAN, WHEREBY (SUBJECT TO PLAN AMENDMENT) THE PLAN WILL FUND REGULAR CONTRIBUTIONS AND EARN A RETURN EQUAL TO THE CONSUMER PRICE INDEX RATE PLUS 2.5 PERCENT WITH A CAP OF 6.0 PERCENT. PART I, LINE 7 INCENTIVE COMPENSATION: EXECUTIVE DIRECTORS, REGIONAL MANAGERS AND SENIOR MANAGEMENT ARE ELIGIBLE FOR INCENTIVE COMPENSATION. IN THE CALENDAR YEAR PRECEDING THE INCENTIVE COMPENSATION, GOALS ARE SET FOR EACH INDIVIDUAL THAT ALIGN WITH THE STRATEGIC AND OPERATIONAL OBJECTIVES OF THE ORGANIZATION. THE GOALS OF THE CEO AND EXECUTIVE TEAM ARE REVIEWED BY THE COMPENSATION COMMITTEE AND BOARD. BEFORE ANY PAYMENT IS MADE, THE INCENTIVE COMPENSATION POOL MUST BE FUNDED BY (A) EXCEEDING BUDGETED NET CASH PRODUCTION ARISING FROM THE SUM OF OPERATIONAL PERFORMANCE AND NET TURNOVER ENTRANCE FEES, SUBJECT TO A CAP; AND (B) MEETING OR EXCEEDING BUDGETED OPERATING MARGIN BY A PREDETERMINED AMOUNT. IF THE INCENTIVE POOL IS PARTIALLY FUNDED, THE PARTIAL PERCENTAGE IS APPLIED TO THE POTENTIAL PAYMENT FOR EACH TEAM MEMBER'S ATTAINED GOALS. THE ATTAINMENT OF THE GOALS OF THE CEO AND EXECUTIVE TEAM ARE REVIEWED BY THE COMPENSATION COMMITTEE AND BOARD PRIOR TO PAYMENT. FOR OTHER TEAM MEMBERS, THE ATTAINMENT OF EACH INCENTIVE GOAL IS ASSESSED BY THE INCENTIVE-ELIGIBLE TEAM MEMBER'S SUPERVISOR AND ULTIMATELY REVIEWED BY THE CEO PRIOR TO PAYMENT. A CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 2015-12-27 47900000 SEE PART VI 0 0 0 B CALIFORNIA MUNICIPAL FINANCE AUTHORITY SERIES 2019A 201563466 13048VLB2 2019-08-21 51575244 SEE PART VI 0 0 0 C CALIFORNIA MUNICIPAL FINANCE AUTHORITY 201563466 13048VXL7 2021-09-29 54727219 SEE PART VI 0 0 0 A 7875000 48153688 544859 10032756 37576073 2017 0 1 1 1 B 51762063 296529 9731338 41734196 2022 1 0 1 1 C 57873791 612834 6409985 50850972 0 0 0 1 A 0 0 1 1 0 0.01000 0.01000 0 0 1 B 0 0 1 1 0 0.01000 0.01000 0 0 1 C 0 0 1 1 0 0.01000 0.01000 0 0 1 A 0 0 1 1 1 0 0 0 1 B 0 0 1 1 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 12/17/2017 ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY SERIES 2019A DATE THE REBATE COMPUTATION WAS PERFORMED: 07/31/2022 SCHEDULE K, PART I, BOND ISSUES: (A) ISSUER NAME: CALIFORNIA MUNICIPAL FINANCE AUTHORITY (F) DESCRIPTION OF PURPOSE: CONSTRUCT FACILITY AND REFUND ISSUE (12/27/06) (A) ISSUER NAME: CA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (2019) (F) DESCRIPTION OF PURPOSE: CONSTRUCT FACILITY AND REFUND ISSUES (8/18/09 AND 2/24/10) (A) ISSUER NAME: CA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (2021) (F) DESCRIPTION OF PURPOSE: CONSTRUCT FACILITY SCHEDULE K, PART I, BOND ISSUES: HUMANGOOD SOCAL IS PART OF THE OBLIGATED GROUP ALONG WITH HUMANGOOD NORCAL AND FRESNO FOR TWO OF THE BONDS: PART I LINE B - TOTAL ISSUE PRICE PER IRS FORM 8038 - $157,738,992, ALLOCATED BETWEEN 3 ORGANIZATIONS. PART I LINE C - TOTAL ISSUE PRICE PER IRS FORM 8038 - $133,481,022, ALLOCATED BETWEEN 3 ORGANIZATIONS. SCHEDULE K, PART II, LINE 3: THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN PART I, COLUMN (E) DUE TO INVESTMENT EARNINGS / MARKET VALUE FLUCTUATIONS. SCHEDULE K, PART III, LINE 4: ANSWER TO PART III LINE 4 INCLUDES A CONSERVATIVE PERCENTAGE OF 1%. ACTUAL PRIVATE BUSINESS USE CALCULATION %S WOULD FALL SHORT OF THAT PERCENTAGE. SCHEDULE K, PART IV, ARBITRAGE, LINE 2C: NOTE REGARDING THE REBATE COMPUTATION 12/17/2017: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. NOTE REGARDING THE REBATE COMPUTATION 07/31/2022: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. FORM 990, PART VI, SECTION A, LINE 6 THE HUMANGOOD SOCAL BOARD OF DIRECTORS IS ELECTED BY HUMANGOOD, HUMANGOOD SOCAL'S SOLE CORPORATE MEMBER. THE MEMBERS OF THE HUMANGOOD SOCAL BOARD OF DIRECTORS CONSISTS OF THE HUMANGOOD BOARD MEMBERS, ONE BOARD MEMBER SELECTED BY THE RESIDENTS, AND ONE BOARD MEMBER NOMINATED BY THE HUMANGOOD SOCAL BOARD. FORM 990, PART VI, SECTION A, LINE 7A HUMANGOOD MAINTAINS APPROVAL RIGHTS OVER HUMANGOOD SOCAL FOR THE ELECTION AND REMOVAL OF DIRECTORS, THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE CORPORATION, ANY MERGER AND ITS PRINCIPAL TERMS AND ANY AMENDMENTS OF THOSE TERMS, AND ANY ELECTION TO DISSOLVE THE CORPORATION. IN ADDITION, HUMANGOOD HAS ALL RIGHTS AFFORDED MEMBERS UNDER THE CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION LAW. FORM 990, PART VI, SECTION A, LINE 7B SEE EXPLANATION FOR 7A ABOVE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CFO AND FURNISHED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EVERY YEAR, THE ORGANIZATION'S DIRECTORS AND OFFICERS ARE ASKED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE ALONG WITH A STATEMENT OF COMMITMENT. IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, DIRECTORS AND OFFICERS MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS RELATED THERETO TO THE DIRECTORS AND MEMBERS OF COMMITTEES. A VOTE IS TAKEN OUTSIDE THE PRESENCE OF THE INDIVIDUAL IN QUESTION TO DETERMINE IF AN ACTUAL CONFLICT EXISTS. IF THE BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE RESPONSE OF THE MEMBER, THE BOARD OR COMMITTEE DETERMINES THAT THE MEMBER HAS IN FACT FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15B COMPENSATION OF THE PRESIDENT, COO AND CFO OF HUMANGOOD IS REVIEWED ANNUALLY FOR MARKET COMPETITIVENESS BY A COMPENSATION COMMITTEE OF THE HUMANGOOD BOARD. COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED BY THE CEO WITH DISCLOSURE TO THE COMPENSATION COMMITTEE. THE HUMANGOOD BOARD MEMBERS AND PRESIDENT ARE INDEPENDENT WITH RESPECT TO THE INDIVIDUALS WHOSE COMPENSATION IS BEING REVIEWED, THE HUMANGOOD BOARD AND PRESIDENT RELY UPON WAGE AND SALARY STUDIES AND/OR REGULAR REVIEW BY A COMPENSATION CONSULTANT TO PROVIDE COMPARABLE SALARY DATA FOR THEIR CONSIDERATION. DECISIONS REGARDING COMPENSATION ARE DOCUMENTED ON A CONTEMPORANEOUS BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION UPON REQUEST. FINANCIAL AND OTHER DATA IS AVAILABLE ON THE ORGANIZATION'S WEBSITE, HUMANGOOD.ORG. FORM 990, PART VII, SECTION A: CERTAIN BOARD MEMBERS RECEIVED A STIPEND FOR 2023 FOR THEIR BOARD AND COMMITTEE WORK RELATED TO HUMANGOOD. NO COMPENSATION IS PAID TO ANY BOARD MEMBERS FOR THEIR ROLE ON THE HUMANGOOD SOCAL BOARD. BOARD STIPENDS: COMMENCING TWO YEARS AFTER THE MAY 1, 2016 AFFILIATION OF HUMANGOOD NORCAL AND HUMANGOOD SOCAL, THE SEVEN-MEMBER HUMANGOOD BOARD BEGAN RECEIVING STIPENDS FOR THEIR SERVICE TO THE TOP GOVERNING ORGANIZATION, HUMANGOOD. AN EVALUATION WAS PERFORMED OF SIMILARLY COMPLEX NON-PROFIT ORGANIZATIONS TO DETERMINE THE REASONABLENESS OF THE STIPEND AMOUNT FOR THE HOURS COMMITTED TO GOVERNANCE. NO REMUNERATION IS ATTRIBUTABLE TO SERVICE BY THESE SEVEN BOARD MEMBERS ON BOARDS OF OTHER HUMANGOOD AFFILIATES. THE REMUNERATION IS TAXABLE TO EACH OF THE MEMBERS AND REPORTED ANNUALLY ON FORM 1099 IN ADDITION TO DISCLOSURE IN THE FORM 990. BASED ON RECEIVING THIS REMUNERATION AND THE ADVICE OF TAX CONSULTANTS, THESE BOARD MEMBERS ARE NOT REFLECTED AS BEING INDEPENDENT DIRECTORS. FORM 990, PART XI, LINE 9: CHANGE IN INTEREST RATE SWAPS & CAPS -173,849. CHANGE IN MINIMUM PENSION LIABILITY 1,512,039. ANDRES DUARTE TERRACE 1900 HUNTINGTON DRIVE DUARTE CA 91010 300155849 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 AVENUE OF THE ARTS PRESBYTERIAN-PSC APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233027613 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 BALA PRESBYTERIAN HOME FOUNDATION 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232834398 FUNDRAISING & SUPPORT PA 501(C)(3) LINE 12B, II HUMANGOOD EAST 0 BANDERA SENIOR HOUSING CORP DBA GEORGE MCDONALD COURT 1900 HUNTINGTON DRIVE DUARTE CA 91010 311538768 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 BAY VISTA SENIOR HOUSING 1900 HUNTINGTON DRIVE DUARTE CA 91010 460777494 AFFORDABLE HOUSING WA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 BEACON SENIOR HOUSING CORP DBA ROSEWOOD COURT 1900 HUNTINGTON DRIVE DUARTE CA 91010 311654224 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 CANTERBURY VILLAGE RETIREMENT CORP 1900 HUNTINGTON DRIVE DUARTE CA 91010 953864198 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 CASTLE ARGYLE 1900 HUNTINGTON DRIVE DUARTE CA 91010 954454256 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 GERMANTOWN INTERFAITH HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232211053 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 GOOD SHEPHERD SENIOR HOUSING 1900 HUNTINGTON DRIVE DUARTE CA 91010 262704795 AFFORDABLE HOUSING WA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 GRACE COURT INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232299928 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 GREENWAY PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 861063722 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 HILLCREST SENIOR HOUSING CORP 1900 HUNTINGTON DRIVE DUARTE CA 91010 760801395 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 HUMANGOOD 1900 HUNTINGTON DRIVE DUARTE CA 91010 311558961 PARENT ORGANIZATION CA 501(C)(3) LINE 12A, I N/A 0 HUMANGOOD AFFORDABLE HOUSING 1900 HUNTINGTON DRIVE DUARTE CA 91010 943085296 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD CORNERSTONE 0 HUMANGOOD ARIZONA INC DBA TERRACES OF PHOENIX 1900 HUNTINGTON DRIVE DUARTE CA 91010 860176446 LIFE PLAN COMMUNITY AZ 501(C)(3) LINE 10 HUMANGOOD CORNERSTONE 0 HUMANGOOD CORNERSTONE 1900 HUNTINGTON DRIVE DUARTE CA 91010 300184304 PARENT ORGANIZATION CA 501(C)(3) LINE 12B, II HUMANGOOD 0 HUMANGOOD EAST 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232828862 PARENT ENTITY PA 501(C)(3) LINE 12B, II HUMANGOOD CORNERSTONE 0 HUMANGOOD FOUNDATION SOUTH 1900 HUNTINGTON DRIVE DUARTE CA 91010 911931309 FUNDRAISING, FINANCIAL RESOURCES TO RELATED ENTITIES CA 501(C)(3) LINE 7 HUMANGOOD SOCAL 0 HUMANGOOD FOUNDATION WEST 1900 HUNTINGTON DRIVE DUARTE CA 91010 237039408 SUPPORT FOR NON-PROFIT RESIDENTIAL COMMUNITIES CA 501(C)(3) LINE 12A, I HUMANGOOD NORCAL 0 HUMANGOOD FRESNO DBA THE TERRACES AT SAN JOAQUIN GARDENS 1900 HUNTINGTON DRIVE DUARTE CA 91010 260650298 LIFE PLAN COMMUNITY CA 501(C)(3) LINE 10 HUMANGOOD 0 HUMANGOOD IDAHO DBA TERRACES OF BOISE 1900 HUNTINGTON DRIVE DUARTE CA 91010 203659420 LIFE PLAN COMMUNITY CA 501(C)(3) LINE 10 HUMANGOOD CORNERSTONE 0 HUMANGOOD NEVADA DBA LAS VENTANAS RETIREMENT COMMUNITY 1900 HUNTINGTON DRIVE DUARTE CA 91010 200566413 LIFE PLAN COMMUNITY CA 501(C)(3) LINE 10 HUMANGOOD CORNERSTONE 0 HUMANGOOD NORCAL 1900 HUNTINGTON DRIVE DUARTE CA 91010 941225374 LIFE PLAN COMMUNITIES CA 501(C)(3) LINE 10 HUMANGOOD 0 HUMANGOOD PENNSYLVANIA 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 231547587 PROVIDE SENIOR LIVING OPTIONS, FUNDRAISING & SUPPORT PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 HUMANGOOD WASHINGTON DBA JUDSON PARK RETIREMENT COMMUNITY 1900 HUNTINGTON DRIVE DUARTE CA 91010 911659735 LIFE PLAN COMMUNITY WA 501(C)(3) LINE 10 HUMANGOOD CORNERSTONE 0 JUDSON TERRACE HOMES 1900 HUNTINGTON DRIVE DUARTE CA 91010 956153706 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 JUDSON TERRACE LODGE 1900 HUNTINGTON DRIVE DUARTE CA 91010 770389124 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 LC HOTCHKISS TERRACE 1900 HUNTINGTON DRIVE DUARTE CA 91010 300155895 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 LIL JACKSON SENIOR COMMUNITY 1900 HUNTINGTON DRIVE DUARTE CA 91010 412205339 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 MAKEMIE AT WHITELAND 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 208523793 INACTIVE PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 MANTUA PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 205006775 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 MOUNTAIN PARK TERRACE INC DBA CLARK TERRACE 1900 HUNTINGTON DRIVE DUARTE CA 91010 954570416 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 OAK KNOLLS HAVEN CORPORATION 1900 HUNTINGTON DRIVE DUARTE CA 91010 953497055 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 OLD CITY PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232778769 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 PALMER AVENUE RETIREMENT CORP 1900 HUNTINGTON DRIVE DUARTE CA 91010 953864197 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 PASCHALL SENIOR HOUSING INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 205957419 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 PHILADELPHIA PRESBYTERY APARTMENTS OF MORRISVILLE INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 222466663 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 PHILADELPHIA PRESBYTERY APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232081651 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 PHILADELPHIA PRESBYTERY HOMES WC TRUST 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 237816031 INACTIVE PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 PRESBYSERVICES 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233000326 MASTER PAYROLL COMPANY PA 501(C)(3) LINE 12B, II HUMANGOOD EAST 0 PRESBYTERIAN APARTMENTS AT 58TH STREET INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232605582 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 PRESBYTERIAN HOME AT 58TH STREET 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 231352513 SUPPORT TO AFFILIATES PA 501(C)(3) LINE 12B, II HUMANGOOD EAST 0 REDDING MOUNTAIN VISTAS II 1900 HUNTINGTON DRIVE DUARTE CA 91010 300239400 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 REDLANDS SENIOR HOUSING TWO 1900 HUNTINGTON DRIVE DUARTE CA 91010 311539936 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 REDLANDS SENIOR HOUSING INC 1900 HUNTINGTON DRIVE DUARTE CA 91010 942902763 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 ROSE VIEW TERRACE INC 1900 HUNTINGTON DRIVE DUARTE CA 91010 264333422 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 SALISHAN SENIOR HOUSING INC 1900 HUNTINGTON DRIVE DUARTE CA 91010 900504991 AFFORDABLE HOUSING WA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 SAN LEANDRO SENIOR HOUSING INC 1900 HUNTINGTON DRIVE DUARTE CA 91010 912158413 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 SENIOR AFFORDABLE HOUSING CORP #1 DBA OTTO GRUBER HOUSING 1900 HUNTINGTON DRIVE DUARTE CA 91010 311538772 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 SENIOR AFFORDABLE HOUSING CORP #2 DBA CLARK TERRACE II 1900 HUNTINGTON DRIVE DUARTE CA 91010 311718833 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 SENIOR AFFORDABLE HOUSING CORP #3 DBA HADLEY VILLAS 1900 HUNTINGTON DRIVE DUARTE CA 91010 300032287 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 SENIOR AFFORDABLE HOUSING CORP #4 DBA MOUTAIN VISTAS 1900 HUNTINGTON DRIVE DUARTE CA 91010 300032292 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 SENIOR AFFORDABLE HOUSING CORP #6 WILLIAM C ARTHUR TERRACE 1900 HUNTINGTON DRIVE DUARTE CA 91010 300204104 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 SIERRA GATEWAY SENIOR RESIDENCE 1900 HUNTINGTON DRIVE DUARTE CA 91010 300239445 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 SIERRA GATEWAY SENIOR RESIDENCE II 1900 HUNTINGTON DRIVE DUARTE CA 91010 454945583 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 SOROPTIMIST GARDENS HOUSING CORP DBA THE GARDENS 1900 HUNTINGTON DRIVE DUARTE CA 91010 953927250 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 SOUTH PHILADELPHIA PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 460477271 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 SOUTHWEST PHILADELPHIA NEIGHBORHOOD RENEWAL PROGRAM 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 233066741 INACTIVE PA 501(C)(3) PF HUMANGOOD EAST 0 SOUTHWEST PHILADELPHIA PRESBYTERY APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232700459 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 TAHOE SENIOR PLAZA INC 1900 HUNTINGTON DRIVE DUARTE CA 91010 943292737 AFFORDABLE HOUSING CA 501(C)(3) LINE 10 HUMANGOOD AFFORDABLE HOUSING 0 TIOGA PRESBYTERIAN APARTMENTS INC 2000 JOSHUA ROAD LAFAYETTE HILL PA 19444 232763902 LOW INCOME HOUSING FOR SENIOR CITIZENS AND HANDICAPPED PA 501(C)(3) LINE 10 HUMANGOOD EAST 0 VENICE SENIOR HOUSING CORP DBA ADDA & PAUL SAFRAN SR HOUSING 1900 HUNTINGTON DRIVE DUARTE CA 91010 954607627 AFFORDABLE HOUSING CA 501(C)(3) LINE 7 HUMANGOOD AFFORDABLE HOUSING 0 WEST VALLEY NURSING HOMES INC DBA TERRACES AT SUMMITVIEW 1900 HUNTINGTON DRIVE DUARTE CA 91010 910679851 LIFE PLAN COMMUNITY WA 501(C)(3) LINE 10 HUMANGOOD CORNERSTONE 0 PHV HEALTHCARE FUND I LP 2710 SAND HILL RD MENLO PARK CA 94025 833775118 INVESTMENT CA HUMANGOOD SOCAL INVESTMENT -315265 4043146 0 0 1.00000 REDDING RETIREMENT HOUSING CORPORATION 1900 HUNTINGTON DRIVE DUARTE CA 91010 954756544 INACTIVE CORPORATION CA HUMANGOOD SOCAL C 1.00000 1 0 1 1 1 1 0 0 0 0 0 0 1 1 1 1 1 1 1 1 HUMANGOOD FOUNDATION SOUTH B 341462 BOOK VALUE HUMANGOOD FOUNDATION SOUTH C 689655 BOOK VALUE