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Nonprofiteer
← PANORAMA

Form 990 for tax year 2024

Filed by PANORAMA.

Totals

Total revenue
$65,291,381
Total expenses
$59,406,984
Contributions and grants received
$515,076
Grants paid
$432,344
Program service revenue
$63,053,316
Investment income
$1,396,249
Other revenue
$326,740
Total assets, end of year
$240,239,143
Total liabilities, end of year
$129,939,868
Net assets or fund balances, end of year
$110,299,275
Program services expenses (Part IX)
$53,020,732
Management and general expenses
$6,179,030
Fundraising expenses
$207,222
Program service expenses (Part III)
$53,020,732

Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $515,076

  • 1g · Noncash contributions included above

    $838

  • 2a · Program service revenue: RETIREMENT COMMUNITY

    total $42,468,206 · related or exempt $42,468,206

  • 2b · Program service revenue: CONVALESCENT CENTER

    total $20,585,110 · related or exempt $20,585,110

  • 3 · Investment income

    total $1,787,072 · excluded $1,787,072

  • 7a · Gross sales of assets other than inventory

    securities $24,667,872 · other assets $1,200

  • 7b · Less cost or other basis and sales expenses

    securities $24,497,982 · other assets $561,913

  • 7c · Gain or loss

    securities $169,890 · other assets -$560,713

  • 7d · Net gain or loss

    total -$390,823 · excluded -$390,823

  • 11a · Other revenue: RETURNED GRANT

    total $300,000 · related or exempt $300,000

  • 11b · Other revenue: ADVERTISING

    total $26,740 · unrelated business $26,740

  • 11e · Other revenue, total

    $326,740

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $399,919 · program services $399,919

  • 2 · Grants to domestic individuals

    total $32,425 · program services $32,425

  • 5 · Compensation of officers, directors and key employees

    total $2,147,930 · management and general $2,147,930

  • 7 · Other salaries and wages

    total $22,016,208 · program services $20,336,499 · management and general $1,529,899 · fundraising $149,810

  • 8 · Pension plan contributions

    total $679,805 · program services $584,632 · management and general $88,375 · fundraising $6,798

  • 9 · Other employee benefits

    total $2,838,223 · program services $2,440,872 · management and general $368,969 · fundraising $28,382

  • 10 · Payroll taxes

    total $2,223,163 · program services $1,911,920 · management and general $289,011 · fundraising $22,232

  • 11b · Fees: legal

    total $91,009 · management and general $91,009

  • 11c · Fees: accounting

    total $91,885 · management and general $91,885

  • 11g · Fees: other

    total $1,987,978 · program services $1,098,212 · management and general $889,766

  • 12 · Advertising and promotion

    total $126,934 · program services $126,934

  • 13 · Office expenses

    total $460,240 · program services $460,240

  • 16 · Occupancy

    total $6,147,820 · program services $6,147,820

  • 17 · Travel

    total $136,272 · management and general $136,272

  • 20 · Interest

    total $950,941 · program services $950,941

  • 22 · Depreciation, depletion and amortization

    total $12,877,974 · program services $12,877,974

  • 23 · Insurance

    total $974,308 · program services $974,308

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $2,027,067 · program services $2,027,067

  • 24b · Other expenses: SUPPLIES

    total $1,551,450 · program services $1,551,450

  • 24c · Other expenses: FOOD

    total $1,099,519 · program services $1,099,519

  • 24d · Other expenses: ADMINISTRATIVE

    total $432,710 · management and general $432,710

  • 24e · All other expenses

    total $113,204 · management and general $113,204

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $5,460,967 · end of year $7,651,733

  • 2 · Savings and temporary cash investments

    beginning of year $4,562,316 · end of year $5,130,258

  • 4 · Accounts receivable

    beginning of year $1,106,158 · end of year $1,048,670

  • 8 · Inventories for sale or use

    beginning of year $23,433 · end of year $33,359

  • 9 · Prepaid expenses and deferred charges

    beginning of year $664,209 · end of year $1,467,154

  • 10a · Land, buildings and equipment: cost or other basis

    $358,065,497

  • 10b · Land, buildings and equipment: accumulated depreciation

    $179,136,849

  • 10c · Land, buildings and equipment, net

    beginning of year $176,817,693 · end of year $178,928,648

  • 11 · Investments: publicly traded securities

    beginning of year $44,116,853 · end of year $45,443,636

  • 15 · Other assets

    beginning of year $765,099 · end of year $535,685

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,469,016 · end of year $5,678,031

  • 19 · Deferred revenue

    beginning of year $94,734,948 · end of year $96,714,809

  • 20 · Tax-exempt bond liabilities

    beginning of year $25,265,288 · end of year $23,973,214

  • 25 · Other liabilities

    beginning of year $3,766,904 · end of year $3,573,814

  • 27 · Net assets without donor restrictions

    beginning of year $104,269,727 · end of year $110,282,385

  • 28 · Net assets with donor restrictions

    beginning of year $10,845 · end of year $16,890

Mission and programs · 2024

Mission

TO BE A COMMUNITY THAT SUPPORTS ITS MEMBERS THROUGH THE VARIOUS STAGES OF AGING, FROM INSPIRING INDIVIDUAL ENRICHMENT AND OVERALL WELLNESS TO OFFERING SECURITY AND UNCOMPROMISING CARE, ALLOWING EACH RESIDENT THE OPPORTUNITY TO THRIVE.

Activities or mission (Part I)

TO ENCOURAGE AND ENRICH THE LIVES OF INDIVIDUALS WHO CHOOSE TO MAKE PANORAMA THEIR HOME.

  • PANORAMA IS A CONTINUING CARE RETIREMENT COMMUNITY THAT OFFERS 850 RESIDENTIAL FAMILY DWELLING UNITS, OF WHICH 45 ARE ASSISTED LIVING UNITS, PLUS A LICENSED 155 BED SKILLED NURSING FACILITY. PANORAMA HAS A VARIETY OF COMMUNITY FACILITIES, SUCH AS A COMMUNITY HALL WITH A RESTAURANT, AQUATIC AND FITNESS CENTER, PHARMACY, TRAVEL AGENCY, GIFT AND GROCERY SHOP, BEAUTY SALON, ONE BROKERAGE FIRM, A VOLUNTEER RESIDENT COUNCIL, AND COMMON AREAS FOR RECREATIONAL AND SOCIAL USE.

    Expenses $53,020,732 · Grants $432,344 · Revenue $63,353,316

As filed on the 2024 return.

Listed in Part VII

  • Fred Goldberg

    CHAIRMAN

    Total calculated
    $36,000
    From this org
    $36,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • William A Gavin MD

    CO-VICE CHAIRMAN

    Total calculated
    $36,000
    From this org
    $36,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Daryl Jensen

    CO-VICE CHAIRMAN

    Total calculated
    $36,000
    From this org
    $36,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Dale K Hedden

    DIRECTOR

    Total calculated
    $32,400
    From this org
    $32,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Kathryn Gail Madden

    DIRECTOR

    Total calculated
    $32,400
    From this org
    $32,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Douglas Mah

    DIRECTOR

    Total calculated
    $32,400
    From this org
    $32,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Nancy H Mason

    DIRECTOR

    Total calculated
    $32,400
    From this org
    $32,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Ralph Munro

    DIRECTOR (UNTIL 11/30/2024)

    Total calculated
    $27,200
    From this org
    $27,200
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Judy Murphy

    DIRECTOR

    Total calculated
    $32,400
    From this org
    $32,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    2
  • Charles W Strader

    CEO, CFO & TREASURER

    Total calculated
    $708,556
    From this org
    $606,600
    From related orgs
    $0
    Other
    $101,956
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $522,906
    Bonus
    $78,000
    Other
    $5,694
    Deferred
    $84,684
    Nontaxable benefits
    $17,272
    Filer's total
    $708,556
  • Jacklynn Roberts

    EXECUTIVE ASSISTANT & SECRETARY

    Total calculated
    $115,795
    From this org
    $93,602
    From related orgs
    $0
    Other
    $22,193
    Hours/week
    40
  • Matthew Murry

    PRESIDENT & COO

    Total calculated
    $707,746
    From this org
    $604,009
    From related orgs
    $0
    Other
    $103,737
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $520,702
    Bonus
    $78,000
    Other
    $5,307
    Deferred
    $84,684
    Nontaxable benefits
    $19,053
    Filer's total
    $707,746
  • Dennis Wilkerson

    CNR ADMINISTRATOR

    Total calculated
    $303,433
    From this org
    $274,644
    From related orgs
    $0
    Other
    $28,789
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $245,187
    Bonus
    $24,150
    Other
    $5,307
    Deferred
    $17,826
    Nontaxable benefits
    $10,963
    Filer's total
    $303,433
  • Cynthia McKrill

    CONTROLLER

    Total calculated
    $299,711
    From this org
    $258,494
    From related orgs
    $0
    Other
    $41,217
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,746
    Bonus
    $22,050
    Other
    $22,698
    Deferred
    $17,244
    Nontaxable benefits
    $23,973
    Filer's total
    $299,711
  • Kimberly Thorpe

    RETIREMENT ADVISOR

    Total calculated
    $269,689
    From this org
    $251,435
    From related orgs
    $0
    Other
    $18,254
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,748
    Bonus
    $37,000
    Other
    $687
    Deferred
    $7,513
    Nontaxable benefits
    $10,741
    Filer's total
    $269,689
  • Lisa Zvirzdys

    RETIREMENT ADVISOR

    Total calculated
    $257,509
    From this org
    $228,461
    From related orgs
    $0
    Other
    $29,048
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $190,567
    Bonus
    $37,000
    Other
    $894
    Deferred
    $6,999
    Nontaxable benefits
    $22,049
    Filer's total
    $257,509
  • Jillian Huentelman

    DIRECTOR OF MARKETING

    Total calculated
    $252,974
    From this org
    $225,834
    From related orgs
    $0
    Other
    $27,140
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,754
    Bonus
    $19,845
    Other
    $5,235
    Deferred
    $16,442
    Nontaxable benefits
    $10,698
    Filer's total
    $252,974
  • Shawna Williams

    DIRECTOR OF HUMAN RESOURCES

    Total calculated
    $248,492
    From this org
    $221,255
    From related orgs
    $0
    Other
    $27,237
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,595
    Bonus
    $19,425
    Other
    $5,235
    Deferred
    $16,307
    Nontaxable benefits
    $10,930
    Filer's total
    $248,492

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
CHARLES W. STRADER $75,000 SERP CONTRIBUTION; MATTHEW MURRY $75,000 SERP CONTRIBUTION; DENNIS WILKERSON $10,000 SERP CONTRIBUTION; CYNTHIA MCKRILL $10,000 SERP CONTRIBUTION; CYNTHIA MCKRILL SERP DISTRIBUTION $17,004; JILLIAN HUENTELMAN $10,000 SERP CONTRIBUTION; SHAWNA WILLIAMS $10,000 SERP CONTRIBUTION.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
22 December 2025
IRS schema version
2024v5.2
Source object
202513579349300116

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