2025-11-12T16:31:44-06:00 2024-12-31 952089835 BARTLETT PRINGLE & WOLF LLP 1123 CHAPALA ST PO BOX 90860 SANTA BARBARA CA 931900860 990 2024-01-01 237425754 MONTECITO RETIREMENT ASSOCIATION MONT 8059698011 300 HOT SPRINGS ROAD MONTECITO CA 93108 GLYNN CABERTE CFO 8059698011 2025-11-11 1 0 JOHN J BRITTON P00290353 8059637811 2025-11-11 2024 2025-03-06 01:10:19Z CASA DORINDA BRIAN MCCAGUE 300 HOT SPRINGS ROAD MONTECITO CA 93108 41881752 0 X WWW.CASADORINDA.ORG X 1970 CA THE MONTECITO RETIREMENT ASSOCIATION OPERATES CASA DORINDA, A CCRC LIFECARE RETIREMENT COMMUNITY IN MONTECITO, CALIFORNIA. 16 15 371 11 0 0 1357371 1068120 37670264 39371335 1841103 1344696 9925 26466 40878663 41810617 109885 93683 0 0 19437706 21850009 0 0 224950 17989949 18607389 37537540 40551081 3341123 1259536 157127942 162333540 119413314 121603204 37714628 40730336 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 35378525 93683 39386589 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 2024, THE MEDICAL CENTER SERVED AN AVERAGE OF 34 RESIDENTS PER DAY, 10 ON A TEMPORARY BASIS AND 24 REQUIRING PERMANENT CARE. AN AVERAGE OF 34 RESIDENTS RECEIVED ASSISTANCE WITH DAILY LIVING ACTIVITIES IN THE PERSONAL AND MEMORY CARE BUILDING. IN RESIDENTIAL LIVING, APPROXIMATELY 314 SENIORS RECEIVED HOUSING AND HOSPITALITY SERVICES, ALONG WITH SUPPORTIVE AND INTERMITTENT CARE DELIVERED THROUGH THE ON-SITE CLINIC AND IN-HOME SUPPORTIVE STAFF. 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. 35378525 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 1 195 0 1 371 1 0 0 0 0 1 1 0 0 0 0 0 X 16 15 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 DR RAMONA CLARK DIRECTOR 2.00 X 0 0 0 KATINA ZANINOVICH BOARD CHAIR 2.00 X X 0 0 0 STEPHEN HICKS DIRECTOR 2.00 X 0 0 0 CHRISTOPHER J TOOMEY DIRECTOR 2.00 X 0 0 0 BRIAN MCCAGUE CEO 40.00 X X 533270 0 57388 DAVID BROWN DIRECTOR 2.00 X 0 0 0 MATT BROWN BOARD SECRETARY 2.00 X X 0 0 0 DR JEFFREY KUPPERMAN MD DIRECTOR 2.00 X 0 0 0 WILLIAM CURTIS DIRECTOR 2.00 X 0 0 0 DIANA LOVAN DIRECTOR 2.00 X 0 0 0 ANDY GIFFORD DIRECTOR 2.00 X 0 0 0 BARKLEY KERN DIRECTOR 2.00 X 0 0 0 JAMES MCFARLANE DIRECTOR 2.00 X 0 0 0 SENA WOODALL DIRECTOR 2.00 X 0 0 0 BRUCE STEVENS DIRECTOR 2.00 X 0 0 0 STEVE FELLOWS DIRECTOR 2.00 X 0 0 0 GLYNN CABERTE CFO 40.00 X 233104 0 35257 THERESE BROWN SENIOR DIRECTOR MEDICAL OP 40.00 X 200987 0 31384 ALAN BLAVER SENIOR DIRECTOR GENERAL OP 40.00 X 202329 0 31404 NICOLE RAMIREZ SENIOR DIRECTOR OF RESIDEN 40.00 X 198268 0 37776 KATIE M HOEGH-GULDBERG DIRECTOR OF MARKETING 40.00 X 163026 0 17873 MARGARET STEVENS DIRECTOR OF HUMAN RESOURCES 40.00 X 144888 0 16248 1675872 0 227330 24 0 1 0 DALGENES INTERIORS 3845 STATE STREET SANTA BARBARA CA 93101 CONSTRUCTION 693036 ALEX'S TILE WORKS INC 5920 MATTHEWS ST GOLETA CA 93117 CONSTRUCTION 622766 NOMURAYAMASAKI LANDSCAPES 6187 VERDURA AVE GOLETA CA 93117 LANDSCAPING 526947 CAMBRON ROOFING AND WATERPR INC 7334 HOLLISTER AVE SUITE J GOLETA CA 93117 CONSTRUCTION 443255 PATRIOT AIR SYSTEMS INC 201 BERNOULLI CIRCLE SUITE D OXNARD CA 93030 CONTRACTOR 395511 16 1068120 51555 1068120 PROGRAM SERVICE FEES 623000 38097257 38097257 SERVICE INCOME 623990 1274078 1274078 39371335 1355908 1355908 59923 61204 9931 -1281 -9931 -11212 -11212 OTHER OPERATING INCOME 623000 26466 26466 26466 41810617 39386589 0 1355908 93683 93683 1561165 1561165 15038136 13953340 950945 133851 986548 762929 209640 13979 2991666 2319422 640351 31893 1272494 1071397 191331 9766 427668 121179 306489 571134 563666 7192 276 6742045 6653883 84902 3260 1768750 1745621 22274 855 FOOD PURCHASES 2418756 2404817 12361 1578 UTILITIES 1591951 1571133 20048 770 OTHER MEDICAL SERVICES 1244946 1244946 SUPPLIES 903695 826211 75694 1790 2938444 2046298 865214 26932 40551081 35378525 4947606 224950 8373880 8977115 2088508 1680441 2280500 2560720 897879 474168 222363 266522 846277 1017369 176365878 63837105 113396999 112528773 28506957 34182640 514579 645792 157127942 162333540 4484189 4914132 2107331 2272121 14297670 13299113 3911437 3327369 94612687 97790469 119413314 121603204 X 35435792 38562515 2278836 2167821 37714628 40730336 157127942 162333540 1259536 1756172 0 X X 0 1 X 1 0 X 671061 913702 1066909 1357371 1068120 5077163 28369444 30428843 35346922 37670264 39371335 171186808 29040505 31342545 36413831 39027635 40439455 176263971 63183 221597 333499 449978 475000 1543257 0 63183 221597 333499 449978 475000 1543257 174720714 546450 582778 389317 917852 1355908 3792305 546450 582778 389317 917852 1355908 3792305 29586955 31925323 36803148 39945487 41795363 180056276 0.97040 0.97420 0.02110 0.01820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 685095 29109 27173 741377 398247 264063 22785 685095 384638 43574 -29965 398247 341726 18053 24859 384638 303666 6000 32060 341726 1.00000 1 0 5015934 5015934 73439986 27491015 45948971 89476811 31836770 57640041 6683839 4509320 2174519 1749308 1749308 112528773 UNEARNED ENTRANCE FEES 97559058 DEFERRED COMPENSATION PLAN LIABILITIES 231411 97790469 X 43566789 1756172 1756172 41810617 0 41810617 40551081 0 40551081 0 40551081 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 2021 AND BY THE STATE OF CALIFORNIA TAX AUTHORITIES FOR YEARS BEFORE 2020. 1 MUSIC ACADEMY OF THE WEST 1070 FAIRWAY RD SANTA BARBARA CA 93108 951525814 501(C)(3) 35000 0 GENERAL MONTECITO FIREFIGHTERS CHARITABLE FOUNDATION 595 SAN YSIDRO ROAD SANTA BARBARA CA 93108 204817396 501(C)(3) 10000 0 GENERAL 2 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 0 0 0 0 0 1 0 0 0 BRIAN MCCAGUE CEO 372112 0 101150 0 60008 0 34500 0 22888 0 590658 0 0 0 GLYNN CABERTE CFO 204007 0 29097 0 0 0 23820 0 11437 0 268361 0 0 0 NICOLE RAMIREZ SENIOR DIRECTOR OF RESIDEN 172228 0 26040 0 0 0 20634 0 17142 0 236044 0 0 0 ALAN BLAVER SENIOR DIRECTOR GENERAL OP 176289 0 26040 0 0 0 20350 0 11054 0 233733 0 0 0 THERESE BROWN SENIOR DIRECTOR MEDICAL OP 176633 0 24354 0 0 0 20330 0 11054 0 232371 0 0 0 KATIE M HOEGH-GULDBERG DIRECTOR OF MARKETING 160251 0 2775 0 0 0 16351 0 1522 0 180899 0 0 0 MARGARET STEVENS DIRECTOR OF HUMAN RESOURCES 136479 0 8409 0 0 0 14726 0 1522 0 161136 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 38969938 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 51555 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. 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, 2024 MONTECITO RETIREMENT ASSOCIATION IS MAKING THE DE MINIMIS SAFE HARBOR ELECTION UNDER REG. SEC. 1.263(A)-1(F).