Eastside Retirement Association, operating under the name Emerald Heights, is located in Redmond, WA. The organization was established in 1984. 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, Emerald Heights employed 331 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emerald Heights 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, Emerald Heights generated $37.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $41.3m during the year ending 12/2021. While expenses have increased by 6.2% 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.
Since 2019, Emerald Heights has awarded 20 individual grants totaling $11,075,020. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EMERALD HEIGHTS IS A LIFE PLAN RETIREMENT COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDEPENDENT LIVING SENIOR HOUSING AND SERVICES: EASTSIDE RETIREMENT ASSOCIATION (DBA: EMERALD HEIGHTS) PROVIDES SAFE AND SECURE SENIOR HOUSING AND SERVICES TO APPROXIMATELY 433 INDEPENDENT LIVING RESIDENTS IN THE ORGANIZATION'S 333 APARTMENTS. THE ORGANIZATION PROVIDES MANY SUPPORT SERVICES, INCLUDING MEAL SERVICES PROVIDED IN A CENTRAL DINING ROOM, FITNESS AND EXERCISE CLASSES, EQUIPMENT AND SWIMMING POOL, WELLNESS PROGRAMS, SOCIAL PROGRAMS, A WIDE VARIETY OF RESIDENT ACTIVITIES, BOTH ON SITE AND OTHER LOCATIONS, TRANSPORTATION TO MEDICAL APPOINTMENTS AND GROCERY STORES, BANKS, AND SPECIAL ACTIVITIES, SPIRITUAL SERVICES, CHAPEL AND AN ON-SITE CHAPLAIN. ALL RESIDENTS HAVE UNLIMITED ACCESS TO ASSISTED LIVING AND SKILLED NURSING HEALTH CARE. EMERALD HEIGHTS WAS FINANCED WITH BONDS ISSUED BY THE WASHINGTON STATE HOUSING FINANCE COMMISSION. THROUGH A SEPARATE REGULATORY AGREEMENT WITH THE WASHINGTON STATE HOUSING FINANCE COMMISSION, EMERALD HEIGHTS HAS SET ASIDE 25% OF ALL UNITS FOR LOWER-INCOME HOUSEHOLDS AS DEFINED BY THE COMMISSION. EMERALD HEIGHTS IS A TYPE A EXTENSIVE CONTRACT LIFE PLAN RETIREMENT COMMUNITY. AS A TYPE A FACILITY IN THE STATE OF WASHINGTON, NO RESIDENT OF EMERALD HEIGHTS MAY UTILIZE TAX-PAYER FUNDED PUBLIC ASSISTANCE PROGRAMS SUCH AS MEDICAID. EMERALD HEIGHTS PROVIDES FINANCIAL ASSISTANCE TO RESIDENTS WHO, FOR REASONS BEYOND THEIR CONTROL, BECOME UNABLE TO PAY THEIR MONTHLY SERVICE FEES. AS A NOT-FOR-PROFIT, MISSION-DRIVEN ORGANIZATION, REVENUES GENERATED IN EXCESS OF EXPENSES ARE INVESTED AND HELD AS RESERVES TO ENSURE ALL CURRENT AND FUTURE CONTRACTUAL OBLIGATIONS CAN BE FULLY MET, TO REPLACE FACILITY AND PROGRAM ASSETS AS NEEDED AND TO ALLOW PRUDENT EXPANSION OF THE MISSION. EMERALD HEIGHTS PROVIDES OPPORTUNITIES FOR RESIDENTS AND STAFF TO INTERACT WITHIN THE EMERALD HEIGHTS COMMUNITY, THE GREATER REDMOND COMMUNITY AND BEYOND BY ESTABLISHING JOINT RESIDENT/STAFF COMMITTEES, ESTABLISHING CLOSE TIES WITH COMMUNITY FACILITIES SUCH AS REDMOND HIGH SCHOOL, AND DEVELOPING COMMUNITY OUTREACH SERVICES AND PROGRAMS CONSISTENT WITH ITS MISSION. EMERALD HEIGHTS RECRUITS, DEVELOPS AND RETAINS COMPETENT AND CARING STAFF WHO SHARE THE ORGANIZATION'S PRINCIPLES, VALUES AND STANDARDS BY MAINTAINING OPEN COMMUNICATION AND STRESSING TEAM WORK THAT BUILDS UP THE SPIRIT OF COMMUNITY, AND DEVELOPING STANDARDS OF PERFORMANCE FOR EVALUATION BASED ON POSITION DESCRIPTIONS, AND PROVIDING FAIR, COMPETITIVE COMPENSATION AND BENEFITS.
SKILLED NURSING HOUSING, SERVICES AND HEALTH CARE: EMERALD HEIGHTS HAS 61 SKILLED NURSING BEDS THAT PROVIDE HOUSING, CARE AND NURSING SERVICES TO RESIDENTS THAT NEED THIS HIGHER LEVEL OF CARE. SERVICES IN THIS AREA MAY BE SHORT TERM TO PROVIDE NEEDED CARE TO REHABILITATE AFTER AN ILLNESS OR INJURY. THE SKILLED NURSING FACILITY ALSO PROVIDES LONG-TERM CUSTODIAL CARE FOR THOSE RESIDENTS NEEDING THIS HIGHER LEVEL OF HEALTH CARE. THESE ADDITIONAL SERVICES AND SUPPORT ARE PROVIDED AT THE RATE THE RESIDENT WOULD PAY IF THEY REMAINED IN THEIR PRIVATE RESIDENTIAL UNIT PLUS THE COST OF RECEIVING ADDITIONAL MEALS. A WIDE VARIETY OF HEALTH CARE, SUPPORT SERVICES, SOCIAL AND PROGRAM ACTIVITIES ARE AVAILABLE TO ASSIST AND CARE FOR RESIDENTS.
ASSISTED LIVING HOUSING, SERVICES AND HEALTH CARE: EMERALD HEIGHTS HAS 56 ASSISTED LIVING APARTMENTS THAT PROVIDE LONG-TERM HOUSING AND SERVICES TO RESIDENTS THAT NEED MORE CARE THAN INDEPENDENT LIVING RESIDENTS. THESE ADDITIONAL SERVICES AND SUPPORT ARE PROVIDED AT THE RATE THE RESIDENT WOULD PAY IF THEY REMAINED IN THEIR PRIVATE RESIDENTIAL UNIT PLUS THE COST OF RECEIVING ADDITIONAL MEALS. A WIDE VARIETY OF SUPPORT SERVICES ARE AVAILABLE TO ASSIST WITH ACTIVITIES OF DAILY LIVING AND MEMORY CARE FOR THOSE RESIDENTS WITH DEMENTIA. SOCIAL AND PROGRAM ACTIVITIES ARE PROVIDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Zell Administrator | 50 | $165,106 | |
Sylvia Konchellah Lpn | 50 | $158,937 | |
Jacqueline Claessens Marketing Director | 50 | $147,265 | |
Sharon Cruse Assisted Living Manager | 50 | $144,159 | |
Kristina Boyd Director Of Nursing Services | 50 | $136,452 | |
Danna Vanhorn Chair | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Walsh Construction Co Construction | 12/30/21 | $1,597,306 |
Select Rehabilitation Llc Rehabilitation Therapy | 12/30/21 | $429,693 |
Acg Builds Inc Construction | 12/30/21 | $1,475,468 |
Rice Fergus Miller Inc Architectural Services | 12/30/21 | $398,177 |
Acco Engineered Systems Mechanical Services | 12/30/21 | $292,313 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $43,613 |
All other contributions, gifts, grants, and similar amounts not included above | $205,412 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $249,025 |
Total Program Service Revenue | $33,457,601 |
Investment income | $1,880,134 |
Tax Exempt Bond Proceeds | -$7,421 |
Royalties | $0 |
Net Rental Income | $68,431 |
Net Gain/Loss on Asset Sales | $1,932,042 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $37,597,342 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,415,020 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $10,348,158 |
Pension plan accruals and contributions | $203,481 |
Other employee benefits | $2,429,041 |
Payroll taxes | $831,600 |
Fees for services: Management | $0 |
Fees for services: Legal | $31,461 |
Fees for services: Accounting | $62,479 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $68,664 |
Fees for services: Other | $1,235,581 |
Advertising and promotion | $319,216 |
Office expenses | $978,168 |
Information technology | $234,294 |
Royalties | $1,265,961 |
Occupancy | $19,473 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $77,805 |
Interest | $1,085,487 |
Payments to affiliates | $1,894,624 |
Depreciation, depletion, and amortization | $6,854,103 |
Insurance | $430,346 |
All other expenses | $0 |
Total functional expenses | $41,335,711 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,295,665 |
Savings and temporary cash investments | $4,910,945 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $656,647 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $46,352 |
Prepaid expenses and deferred charges | $363,437 |
Net Land, buildings, and equipment | $91,178,635 |
Investments—publicly traded securities | $108,807,937 |
Investments—other securities | $451,653 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $15,135,762 |
Total assets | $226,847,033 |
Accounts payable and accrued expenses | $3,569,280 |
Grants payable | $0 |
Deferred revenue | $87,164,049 |
Tax-exempt bond liabilities | $21,166,798 |
Escrow or custodial account liability | $28,631,871 |
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 | $197,025 |
Total liabilities | $140,729,023 |
Net assets without donor restrictions | $80,691,048 |
Net assets with donor restrictions | $5,426,962 |
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 | $226,847,033 |
Over the last fiscal year, Eastside Retirement Association has awarded $10,415,020 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Redmond, WA PURPOSE: GENERAL OPERATING SUPPORT | $10,400,020 |
Bellevue, WA PURPOSE: HELP FULFILL MISSION | $15,000 |
Over the last fiscal year, we have identified 2 grants that Eastside Retirement Association has recieved totaling $24,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $17,000 |
Vanguard Charitable Endowment Program Southeastern, PA PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE | $7,000 |
Beg. Balance | $427,251 |
Earnings | $18,039 |
Ending Balance | $445,290 |
Organization Name | Assets | Revenue |
---|---|---|
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |
Wesley Homes Des Moines, WA | $289,596,176 | $68,453,311 |
Rogue Valley Manor Medford, OR | $249,123,090 | $59,343,722 |
Panorama Lacey, WA | $219,048,634 | $47,071,330 |
Eastside Retirement Association Redmond, WA | $226,847,033 | $37,597,342 |
Spokane United Methodist Homes Spokane, WA | $259,704,363 | $36,246,528 |
Willamette View Manor Inc Portland, OR | $158,572,403 | $34,857,993 |
Horizon House Seattle, WA | $225,517,905 | $49,618,352 |
Mennonite Home Of Albany Inc Albany, OR | $81,716,094 | $28,368,567 |
Capital Manor Inc Salem, OR | $123,001,927 | $25,198,203 |
Eliseo Tacoma, WA | $107,438,418 | $26,114,942 |
Robison Jewish Home Portland, OR | $56,916,516 | $24,370,432 |