Totals
- Total revenue
- $25,021,223
- Total expenses
- $23,746,682
- Contributions and grants received
- $3,869,016
- Grants paid
- $0
- Program service revenue
- $17,045,960
- Investment income
- $3,893,980
- Other revenue
- $212,267
- Total assets, end of year
- $87,844,249
- Total liabilities, end of year
- $41,406,803
- Net assets or fund balances, end of year
- $46,437,446
- Program services expenses (Part IX)
- $18,674,001
- Management and general expenses
- $4,875,701
- Fundraising expenses
- $196,980
- Program service expenses (Part III)
- $18,674,001
Program services were 78.6% 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.
-
1e · Government grants (contributions)
$3,438,227
-
1f · All other contributions, gifts and grants
$430,789
-
1g · Noncash contributions included above
$24,541
-
2a · Program service revenue: SKILLED NURSING/RESIDENTIAL
total $11,800,426 · related or exempt $11,800,426
-
2b · Program service revenue: MEDICARE/MEDICAID
total $5,245,534 · related or exempt $5,245,534
-
3 · Investment income
total $1,007,599 · excluded $1,007,599
-
5 · Royalties
total $74,420 · excluded $74,420
-
6a · Gross rents
real property $82,338
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $82,338
-
6d · Net rental income or loss
total $82,338 · excluded $82,338
-
7a · Gross sales of assets other than inventory
securities $11,770,808
-
7b · Less cost or other basis and sales expenses
securities $8,884,427
-
7c · Gain or loss
securities $2,886,381
-
7d · Net gain or loss
total $2,886,381 · excluded $2,886,381
-
11a · Other revenue: OTHER REVENUE
total $55,509 · related or exempt $55,509
-
11e · Other revenue, total
$55,509
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $726,020 · program services $580,816 · management and general $108,903 · fundraising $36,301
-
7 · Other salaries and wages
total $8,595,268 · program services $7,364,473 · management and general $1,119,790 · fundraising $111,005
-
8 · Pension plan contributions
total $88,725 · program services $79,259 · management and general $9,182 · fundraising $284
-
9 · Other employee benefits
total $2,448,077 · program services $2,140,064 · management and general $273,660 · fundraising $34,353
-
10 · Payroll taxes
total $759,620 · program services $657,191 · management and general $90,403 · fundraising $12,026
-
11b · Fees: legal
total $225,532 · management and general $225,532
-
11c · Fees: accounting
total $113,129 · management and general $113,129
-
11f · Fees: investment management
total $91,721 · management and general $91,721
-
11g · Fees: other
total $3,179,431 · program services $2,097,973 · management and general $1,080,721 · fundraising $737
-
12 · Advertising and promotion
total $245,792 · management and general $245,792
-
13 · Office expenses
total $67,489 · management and general $67,489
-
16 · Occupancy
total $992,062 · program services $968,653 · management and general $22,586 · fundraising $823
-
17 · Travel
total $48,913 · program services $28,807 · management and general $20,086 · fundraising $20
-
19 · Conferences, conventions and meetings
total $16,080 · program services $4,547 · management and general $11,533
-
20 · Interest
total $1,355,923 · management and general $1,355,923
-
22 · Depreciation, depletion and amortization
total $1,797,092 · program services $1,765,922 · management and general $30,074 · fundraising $1,096
-
23 · Insurance
total $403,110 · program services $393,598 · management and general $9,177 · fundraising $335
-
24a · Other expenses: VARIOUS MEDICAL EXPENSE
total $1,667,570 · program services $1,667,570
-
24b · Other expenses: FOOD EXPENSE
total $925,128 · program services $925,128
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,077,917 · end of year $1,082,601
-
2 · Savings and temporary cash investments
beginning of year $2,012,097 · end of year $1,753,388
-
3 · Pledges and grants receivable
beginning of year $100,000 · end of year $0
-
4 · Accounts receivable
beginning of year $1,569,485 · end of year $3,887,911
-
8 · Inventories for sale or use
beginning of year $126,191 · end of year $121,913
-
9 · Prepaid expenses and deferred charges
beginning of year $328,248 · end of year $383,779
-
10a · Land, buildings and equipment: cost or other basis
$67,038,534
-
10b · Land, buildings and equipment: accumulated depreciation
$27,989,065
-
10c · Land, buildings and equipment, net
beginning of year $39,765,098 · end of year $39,049,469
-
11 · Investments: publicly traded securities
beginning of year $33,183,679 · end of year $32,698,314
-
12 · Investments: other securities
beginning of year $8,669,005 · end of year $8,866,874
-
17 · Accounts payable and accrued expenses
beginning of year $4,702,465 · end of year $4,694,466
-
19 · Deferred revenue
beginning of year $4,095,083 · end of year $4,921,174
-
20 · Tax-exempt bond liabilities
beginning of year $23,948,211 · end of year $14,520,457
-
23 · Secured mortgages and notes payable
beginning of year $5,236,001 · end of year $13,402,046
-
25 · Other liabilities
beginning of year $3,872,393 · end of year $3,868,660
-
27 · Net assets without donor restrictions
beginning of year $43,124,512 · end of year $44,554,188
-
28 · Net assets with donor restrictions
beginning of year $1,853,055 · end of year $1,883,258
Mission and programs · 2022
Mission
HOLLENBECK PALMS IS COMMITTED TO PROVIDING A RESIDENCE FOR THOSE IN THE LATER YEARS OF THEIR LIVES THAT ENCOMPASSES A HEALTHY ENVIRONMENT OF COMFORT, SAFETY, AND ENJOYMENT; THAT ATTENDS TO THEIR PHYSICAL, MENTAL, AND SPIRITUAL NEEDS.
Activities or mission (Part I)
THE VERY FIRST NON-PROFIT, LICENSED CONTINUING CARE RETIREMENT COMMUNITY IN CALIFORNIA, HOLLENBECK PALMS PROVIDES FOR AND SERVES ITS ELDERLY RESIDENTS WITH GREAT COMPASSION, HONEST DIGNITY AND GENUINE LOVE THROUGH RESIDENTIAL, ASSISTED MEMORY ENHANCEMENT AND SKILLED NURSING LIVING. WE OFFER A REWARDING AND GRATIFYING LIFESTYLE, FULL OF ACTIVITIES, PROGRAMS AND SERVICES, AND ALL LEVELS OF CARE THEY MAY NEED AT VARIOUS STAGES OF THEIR LIVES.
-
HOLLENBECK PALMS PROVIDES CARE FOR THE AGING, INCLUDING RESIDENTIAL, ASSISTED LIVING, MEMORY ENHANCEMENT AND SKILLED NURSING CARE LIVING ARRANGEMENTS FOR THEIR MEMBERS. DURING THE YEAR, SERVICES WERE PROVIDED TO APPROXIMATELY 200 MEMBERS.
Expenses $18,674,001 · Revenue $17,101,469
As filed on the 2022 return.
Listed in Part VII
-
Carol JohnstonCAROL JOHNSTON
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Casey AdamsCASEY ADAMS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Michael DavisMICHAEL DAVIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
William KumagaiWILLIAM KUMAGAI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Edward GarlockEDWARD GARLOCK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Katherine A KirchhoffKATHERINE A KIRCHHOFF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ellen PierceELLEN PIERCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Morris ShockleyMORRIS SHOCKLEY
PRESIDENT & CEO
- Total calculated
- $241,313
- From this org
- $220,033
- From related orgs
- $0
- Other
- $21,280
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $220,033
- Bonus
- $0
- Other
- $0
- Deferred
- $20,416
- Nontaxable benefits
- $864
- Filer's total
- $241,313
-
Patricia MurphyPATRICIA MURPHY
VICE-PRESIDENT
- Total calculated
- $213,738
- From this org
- $168,762
- From related orgs
- $0
- Other
- $44,976
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $168,762
- Bonus
- $0
- Other
- $0
- Deferred
- $2,690
- Nontaxable benefits
- $42,286
- Filer's total
- $213,738
-
Johnny YoungJOHNNY YOUNG
CFO
- Total calculated
- $179,385
- From this org
- $152,037
- From related orgs
- $0
- Other
- $27,348
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $152,037
- Bonus
- $0
- Other
- $0
- Deferred
- $16,443
- Nontaxable benefits
- $10,905
- Filer's total
- $179,385
-
Gary ZuppardoGARY ZUPPARDO
CHIEF ENGINEER
- Total calculated
- $211,561
- From this org
- $191,390
- From related orgs
- $0
- Other
- $20,171
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $191,390
- Bonus
- $0
- Other
- $0
- Deferred
- $3,260
- Nontaxable benefits
- $16,911
- Filer's total
- $211,561
-
Ivania RamirezIVANIA RAMIREZ
DIRECTOR OF NURSING
- Total calculated
- $168,989
- From this org
- $165,489
- From related orgs
- $0
- Other
- $3,500
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,489
- Bonus
- $0
- Other
- $0
- Deferred
- $3,500
- Nontaxable benefits
- $0
- Filer's total
- $168,989
-
Akhere OsezuaAKHERE OSEZUA
ASST. DIRECTOR OF NURSING
- Total calculated
- $176,226
- From this org
- $158,305
- From related orgs
- $0
- Other
- $17,921
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $158,305
- Bonus
- $0
- Other
- $0
- Deferred
- $2,680
- Nontaxable benefits
- $15,241
- Filer's total
- $176,226
-
Zhana DubinZHANA DUBIN
ADMISSIONS DIRECTOR
- Total calculated
- $163,350
- From this org
- $150,655
- From related orgs
- $0
- Other
- $12,695
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $150,655
- Bonus
- $0
- Other
- $0
- Deferred
- $2,444
- Nontaxable benefits
- $10,251
- Filer's total
- $163,350
-
Mari Ortega-RuedaMARI ORTEGA-RUEDA
RN CHARGE NURSE
- Total calculated
- $161,258
- From this org
- $143,423
- From related orgs
- $0
- Other
- $17,835
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,423
- Bonus
- $0
- Other
- $0
- Deferred
- $2,594
- Nontaxable benefits
- $15,241
- Filer's total
- $161,258
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 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 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
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 1 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202400949349301905
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