2024-11-04T18:37:32-06:00 2023-12-31 952089835 BARTLETT PRINGLE & WOLF LLP 1123 CHAPALA ST PO BOX 90860 SANTA BARBARA CA 931900860 990 2023-01-01 237425754 MONTECITO RETIREMENT ASSOCIATION MONT 8059698011 300 HOT SPRINGS ROAD MONTECITO CA 93108 GLYNN CABERTE CFO 8059698011 2024-10-28 1 0 JOHN J BRITTON P00290353 8059637811 2024-10-09 2023 2024-10-15 13:58:12Z CASA DORINDA BRIAN MCCAGUE 300 HOT SPRINGS ROAD MONTECITO CA 93108 40936637 0 X WWW.CASADORINDA.ORG X 1970 CA THE MONTECITO RETIREMENT ASSOCIATION OPERATES CASA DORINDA, A CCRC LIFECARE RETIREMENT COMMUNITY IN MONTECITO, CALIFORNIA. 15 14 360 8 0 0 1066909 1357371 35346922 37670264 386114 1841103 199980 9925 36999925 40878663 58350 109885 0 0 18775106 19437706 0 0 218319 16880570 17989949 35714026 37537540 1285899 3341123 152711522 157127942 120099510 119413314 32612012 37714628 X THE MISSION OF THE MONTECITO RETIREMENT ASSOCIATION IS TO OPERATE AT CASA DORINDA A LIFECARE PROGRAM WITH A COMMITMENT TO EXCELLENCE IN THE QUANTITY AND QUALITY OF ITS SERVICES SO THAT ITS RESIDENTS MAY CONTINUE TO LIVE THEIR LIVES WITH DIGNITY, SECURITY AND AS INDEPENDENTLY AND FULLY AS THEY ARE ABLE. 0 0 33033576 109885 38603440 CASA DORINDA PROVIDES THREE LEVELS OF CARE AND SERVICE TO ITS RESIDENTS. THE MEDICAL CENTER PROVIDES NURSING SERVICES IN ITS 52 BED SKILLED NURSING FACILITY. IN 2023, THERE WAS AN AVERAGE DAILY CENSUS OF APPROXIMATELY 29.5 PATIENTS; AN AVERAGE OF 6.7 PATIENTS WERE CARED FOR ON A TEMPORARY BASIS AND 22.8 RECEIVED CARE ON A LONG-TERM BASIS. IN RESIDENTIAL LIVING, AN AVERAGE OF 313 SENIORS WERE PROVIDED HOUSING AND HOSPITALITY SERVICES, ALONG WITH SUPERVISION AND INTERMITTED CARE DELIVERED THROUGH THE ON-SITE CLINIC AND IN-HOME SUPPORTIVE SERVICE STAFF. AN AVERAGE OF 33 RESIDENTS WERE ASSISTED WITH DAILY LIVING IN THE PERSONAL AND MEMORY CARE BUILDING. OTHER SERVICES OFFERED TO SENIORS ON THE CASA DORINDA CAMPUS INCLUDE: DINING, MAINTENANCE, HOUSEKEEPING, SECURITY, LIFE ENRICHMENT, HEALTH AND FITNESS ACTIVITIES, THERAPIES, SOCIAL AND ADMINISTRATIVE SERVICES. ALL OF THESE PROGRAMS, INCLUDING THE THREE LARGEST, ARE WITHIN THE UMBRELLA OF CONTINUING CARE. 33033576 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 186 0 1 360 1 0 0 0 0 1 1 0 0 0 0 0 X 15 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X GLYNN CABERTE 8059698014 300 HOT SPRINGS ROAD MONTECITO CA 93108 LARRY DAM CHAIRMAN 2.00 X X 0 0 0 DR RAMONA CLARK DIRECTOR 2.00 X 0 0 0 KATINA ZANINOVICH DIRECTOR 2.00 X 0 0 0 STEPHEN HICKS DIRECTOR 2.00 X 0 0 0 VICTORIA HAZARD SECRETARY 2.00 X X 0 0 0 NANCY SPIVEY DIRECTOR 2.00 X 0 0 0 CHRISTOPHER J TOOMEY DIRECTOR 2.00 X 0 0 0 KATHRYN WASHBURN DIRECTOR 2.00 X 0 0 0 BRIAN MCCAGUE CEO 40.00 X X 474261 0 47952 DAVID BROWN DIRECTOR 2.00 X 0 0 0 MATT BROWN DIRECTOR 2.00 X 0 0 0 DR JEFFREY KUPPERMAN MD DIRECTOR 2.00 X 0 0 0 WILLIAM CURTIS DIRECTOR 2.00 X 0 0 0 BARKLEY KERN DIRECTOR 2.00 X 0 0 0 DIANA LOVAN DIRECTOR 2.00 X 0 0 0 GLYNN CABERTE CFO 40.00 X 195942 0 21198 THERESE BROWN SENIOR DIRECTOR MEDICAL OP 40.00 X 190227 0 28926 ALAN BLAVER SENIOR DIRECTOR GENERAL OP 40.00 X 176630 0 27566 NICOLE RAMIREZ SENIOR DIRECTOR OF RESIDENT SERVICES 40.00 X 165165 0 26433 1202225 0 152075 20 0 1 0 CAMBRON ROOFING AND WATERPR INC 7334 HOLLISTER AVE SUITE J GOLETA CA 93117 CONSTRUCTION 527994 DALGENES INTERIORS 3845 STATE STREET SANTA BARBARA CA 93101 CONSTRUCTION 515281 NOMURAYAMASAKI LANDSCAPES 6187 VERDURA AVE GOLETA CA 93117 LANDSCAPING 502010 AFFIRMA REHABILITATION INC 120 VANTIS DR ALISO VIEJO CA 92656 MEDICAL SERVICES 434416 ALEX'S TILE WORKS INC 5920 MATTHEWS ST GOLETA CA 93117 CONSTRUCTION 428280 12 1357371 115786 1357371 PROGRAM SERVICE FEES 623000 36589052 36589052 SERVICE INCOME 623990 1081212 1081212 37670264 917852 917852 981225 54193 3781 927032 -3781 923251 923251 OTHER OPERATING INCOME 623000 9925 9925 9925 40878663 38603440 0 917852 109885 109885 1354299 1354299 13638485 12708580 806402 123503 657830 516216 131447 10167 2625427 2165112 420877 39438 1161665 988337 163437 9891 472260 147537 324723 620861 612743 7818 300 6688207 6600749 84224 3234 1558365 1537987 19624 754 FOOD PURCHASES 2180057 2171594 8172 291 UTILITIES 1568729 1548215 19755 759 OTHER MEDICAL SERVICES 1089222 1089222 SUPPLIES 844123 750622 91453 2048 2968125 2086777 853414 27934 37537540 33033576 4285645 218319 9346863 8373880 2319087 2088508 2215250 2280500 238822 897879 247783 222363 951451 846277 170551337 57154338 115601605 113396999 21316881 28506957 473780 514579 152711522 157127942 4067621 4484189 2232182 2107331 15722185 14297670 4478763 3911437 93598759 94612687 120099510 119413314 X 30890170 35435792 1721842 2278836 32612012 37714628 152711522 157127942 3341123 1761493 0 X X 0 1 X 1 0 X 757072 671061 913702 1066909 1357371 4766115 27184129 28369444 30428843 35346922 37670264 158999602 27941201 29040505 31342545 36413831 39027635 163765717 192206 63183 221597 333499 449978 1260463 0 192206 63183 221597 333499 449978 1260463 162505254 604230 546450 582778 389317 917852 3040627 604230 546450 582778 389317 917852 3040627 28545431 29586955 31925323 36803148 39945487 166806344 0.97420 0.97660 0.01820 0.01670 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 398247 264063 22785 685095 384638 43574 -29965 398247 341726 18053 24859 384638 303666 6000 32060 341726 265168 2853 35645 303666 1.00000 1 0 5015934 5015934 73439986 26023936 47416050 84635478 27160419 57475059 6351225 3969983 2381242 1108714 1108714 113396999 UNEARNED ENTRANCE FEES 94361969 DEFERRED COMPENSATION PLAN LIABILITIES 250718 94612687 X 42640156 1761493 1761493 40878663 0 40878663 37537540 0 37537540 0 37537540 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD ISSUED NEW GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH THE ASSOCIATION ADOPTED AS OF JANUARY 1, 2009. THE UPDATED STANDARD ADDRESSES DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ASSOCIATION IS NO LONGER SUBJECT TO EXAMINATION BY THE U.S. FEDERAL TAX AUTHORITIES FOR YEARS BEFORE 2020 AND BY THE STATE OF CALIFORNIA TAX AUTHORITIES FOR YEARS BEFORE 2019. 1 MUSIC ACADEMY OF THE WEST 1070 FAIRWAY RD SANTA BARBARA CA 93108 951525814 501(C)(3) 35000 0 GENERAL 1 PART I, LINE 2: THE ASSOCIATION MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF ASSISTANCE TO INDIVIDUALS AND OTHER ORGANIZATIONS. THOSE RECORDS INCLUDE MANAGEMENT'S ESTIMATE OF THE EXPENSE TO RESIDENT SERVICES AND EXPENSE OF SERVICES AND SUPPLIES FURNISHED FOR RESIDENT PROGRAMS. THE AMOUNT OF ASSISTANCE TO INDIVIDUALS AND OTHER ORGANIZATIONS, SHOWN ABOVE, IS INCLUDED IN PROGRAM EXPENSES REPORTED ON FORM 990, PART III, LINE 4A. X X 0 1 X X X X 0 0 0 0 0 1 0 0 0 BRIAN MCCAGUE CEO 317975 0 96278 0 60008 0 33000 0 14952 0 522213 0 0 0 THERESE BROWN SENIOR DIRECTOR MEDICAL OP 169941 0 20286 0 0 0 19023 0 9903 0 219153 0 0 0 GLYNN CABERTE CFO 178837 0 17105 0 0 0 11158 0 10040 0 217140 0 0 0 ALAN BLAVER SENIOR DIRECTOR GENERAL OP 158835 0 17795 0 0 0 17663 0 9903 0 204196 0 0 0 NICOLE RAMIREZ SENIOR DIRECTOR OF RESIDENT SERVICE 148296 0 16869 0 0 0 16270 0 10163 0 191598 0 0 0 PART I, LINE 1A SUBSIDIZED HEALTH CLUB DUES ARE PROVIDED FOR ALL EMPLOYEES. HOUSING IS INCLUDED AS PART OF THE CEO'S EMPLOYMENT CONTRACT. PART I, LINE 6 ONE CRITERIA OF THE DIRECTOR AND SENIOR DIRECTOR BONUS CALCULATION IS BASED ON FINANCIAL PERFORMANCE. A FINANCING AUTHORITY REVENUE BONDS FROM US BANK 2017-06-22 52500000 TO REFINANCE 2012 COPS AND TO HELP FINANCE 2017 CONSTRUCTION PROJECT 0 0 0 A 37934741 52500000 388897 2032 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 A 0 X 3 115786 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS PROVIDED FIRST TO THE AUDIT COMMITTEE. THE MRA AUDIT COMMITTEE REVIEWS THE TAX RETURN IN DRAFT FORM AND RECOMMENDS APPROVAL TO THE BOARD OF DIRECTORS. THE BOARD IS GIVEN A COPY OF THE RETURN BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C NEW MEMBERS ARE GIVEN A COPY OF THE CONFLICT OF INTEREST STATEMENT AND ETHICS DECLARATION UPON JOINING THE MONTECITO RETIREMENT ASSOCIATION BOARD OF DIRECTORS. THE NEWLY ELECTED MEMBERS ARE ASKED TO READ THE STATEMENT, SIGN AND COMPLY WITH THE POLICY DURING THEIR TERM. ALL MEMBERS SIGN THE STATEMENT ANNUALLY THEREAFTER. THE CORPORATE COMPLIANCE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 AN EXECUTIVE COMPENSATION COMMITTEE REVIEWS THE COMPENSATION LEVELS OF THE CEO AND OTHER SENIOR MANAGEMENT POSITIONS. THE COMMITTEE USED AN INDEPENDENT CONSULTANT IN 2023 TO HELP EVALUATE COMPENSATION LEVELS OF CASA DORINDA SENIOR STAFF TO OTHER LIKE COMPARABLE POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE FINANCIAL STATEMENTS ARE POSTED ON THE WEBSITE AND MADE AVAILABLE UPON REQUEST. GOVERNING DOCUMENTS ARE INCLUDED IN THE RESIDENT HANDBOOK AND ARE MADE AVAILABLE TO RESIDENTS AS THEY SIGN IN. FORM 990, PART XII, LINE 2C THERE IS NO CHANGE FROM THE PRIOR YEAR. SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION MONTECITO RETIREMENT ASSOCIATION 300 HOT SPRINGS ROAD MONTECITO, CA 93108 EMPLOYER IDENTIFICATION NUMBER: 23-7425754 FOR THE YEAR ENDING DECEMBER 31, 2023 MONTECITO RETIREMENT ASSOCIATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).