Northern California Retired Officers Community
- Assets
- $260.9m
- Revenue
- $45.2m
- Investments
- $0.0
- Employees
- 484
- Location
- Fairfield, CA
- Founding
- 08/1994
- Data as of
- 12/2021
- EIN
- 68-0317185
Organization Overview
Northern California Retired Officers Community, operating under the name Paradise Valley Estates, is located in Fairfield, CA. The organization was established in 1994. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Paradise Valley Estates employed 484 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Paradise Valley Estates is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Paradise Valley Estates generated $45.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $39.4m during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HIGH QUALITY CONTINUING CARE RETIREMENT COMMUNITY FOR BOTH MILITARY AND NON-MILITARY CLIENTELE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENT SERVICES: ORGANIZED TO PROVIDE HOUSING, FACILITIES AND RELATED SERVICES TO RESIDENTS.ACCOUNTING SERVICES PROVIDE STATEMENTS TO RESIDENTS, MEAL COUNT ASSISTANCE, CAMPUS RESIDENT COMMITTEE BOOKKEEPING ASSISTANCE, COMMUNICATIONS PROVIDES ASSISTANCE TO RESIDENT COMMITTEE AND MAINTAINS THE RESIDENT ONLINE PORTAL, IT PROVIDES WIRELESS NETWORK FOR RESIDENT USE AND TROUBLESHOOTS MANY CAMPUS IT ISSUES ON A REGULAR BASIS. OFFICE ADMIN PROVIDES ASSISTANCE WITH OFFICE TASKS AS REQUESTED BY RESIDENTS, MAKES COPIES, SEND FAXES AND PACKAGES. ALL PROGRAM DEPTS NAMES ARE STAFFED WITH NUMEROUS TEAM MEMBERS.
HEALTH SERVICES: PROVIDES HEALTH SERVICES TO RESIDENTS, INCLUDING SKILLED NURSING, ASSISTED LIVING, MEMORY CARE, IN-HOME SERVICES AND CLINIC SERVICES.
DINING SERVICES - INCLUDES MEAL SERVICE IN A MAIN DINING ROOM, LESS FORMAL CAFE, ASSISTED LIVING RESIDENCES AND THE SKILLED NURSING FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Burke Chief Executive Officer | Officer | 40 | $406,809 |
Peggy Huston Chief Operating Officer | Officer | 40 | $276,703 |
Stephen Boroystan Chief Financial Officer | Officer | 40 | $243,429 |
Martha Walker Marketing Director | 40 | $176,364 | |
Linda Johnson Sales Coordinator | 40 | $168,815 | |
Cassandra Garrard Healthcare Administrator | 40 | $155,479 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gyds Home Design Contractor/ Construction | 12/30/21 | $840,654 |
Hanson Bridgett Llp Legal Services | 12/30/21 | $137,316 |
Perkins Eastman Artchitects Pc Construction Management | 12/30/21 | $417,641 |
Health Grade Networks Llc Computer Services | 12/30/21 | $118,633 |
Terra Realty Advisors Inc Real Estate Consulting | 12/30/21 | $125,295 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,407,870 |
| All other contributions, gifts, grants, and similar amounts not included above | $226,728 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,634,598 |
| Total Program Service Revenue | $36,304,077 |
| Investment income | $1,159,241 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,505 |
| Net Gain/Loss on Asset Sales | $3,893,516 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,201,737 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $50,973 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $960,791 |
| Compensation of current officers, directors, key employees. | $960,791 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $16,674,225 |
| Pension plan accruals and contributions | $402,067 |
| Other employee benefits | $971,192 |
| Payroll taxes | $964,754 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $79,333 |
| Fees for services: Accounting | $27,811 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $231,870 |
| Fees for services: Other | $1,043,591 |
| Advertising and promotion | $1,048,449 |
| Office expenses | $669,494 |
| Information technology | $690,709 |
| Royalties | $0 |
| Occupancy | $3,201,721 |
| Travel | $117,118 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,924,351 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,373,974 |
| Insurance | $815,750 |
| All other expenses | $531,274 |
| Total functional expenses | $39,420,340 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,208,221 |
| Savings and temporary cash investments | $312,270 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,517,682 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $150,503 |
| Prepaid expenses and deferred charges | $1,496,872 |
| Net Land, buildings, and equipment | $178,043,773 |
| Investments—publicly traded securities | $68,978,275 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,207,882 |
| Total assets | $260,915,478 |
| Accounts payable and accrued expenses | $7,309,584 |
| Grants payable | $0 |
| Deferred revenue | $70,602,501 |
| Tax-exempt bond liabilities | $126,381,106 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,412,626 |
| Total liabilities | $218,705,817 |
| Net assets without donor restrictions | $39,969,073 |
| Net assets with donor restrictions | $2,240,588 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $260,915,478 |
Grants Awarded
Over the last fiscal year, Northern California Retired Officers Community has awarded $18,295 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Vacaville, CA PURPOSE: HOUSING ASSISTANCE FOR FAMILIES WITH HOSPITALIZED LOVED ONES. | $10,295 |
Vacaville, CA PURPOSE: PROVIDES FREE GOLF INSTRUCTION TO MILITARY VETERANS. | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Northern California Retired Officers Community has recieved totaling $26.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humangood Socal Duarte, CA | $306,047,961 | $119,573,837 |
Sequoia Living Inc San Francisco, CA | $412,512,571 | $125,018,618 |
Jewish Home San Francisco, CA | $286,369,109 | $101,598,879 |
Community Eldercare Of San Diego San Diego, CA | $76,291,474 | $103,929,835 |
Center For Elders Independence Oakland, CA | $163,334,060 | $110,881,645 |
Masonic Homes Of California San Francisco, CA | $1,081,181,439 | $41,944,438 |
Motion Picture And Television Fund Woodland Hills, CA | $117,551,107 | $62,254,849 |
Institute On Aging San Francisco, CA | $58,432,886 | $66,846,262 |
Grancell Village Of The Los Angeles Jewish Home For The Aging Reseda, CA | $74,699,459 | $60,276,801 |
Rogue Valley Manor Medford, OR | $249,123,090 | $59,343,722 |
Tempe Life Care Village Inc Tempe, AZ | $225,266,079 | $48,647,054 |
La Posada At Park Centre Inc Green Valley, AZ | $182,054,249 | $47,958,568 |