Sierra View Homes
- Assets
- $19.1m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 171
- Location
- Reedley, CA
- Founding
- 10/1970
- Data as of
- 12/2021
- EIN
- 94-6088811
Organization Overview
Sierra View Homes is located in Reedley, CA. The organization was established in 1970. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Sierra View Homes employed 171 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sierra View Homes 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, Sierra View Homes generated $9.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $9.5m during the year ending 12/2021. While expenses have increased by 3.4% 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
SIERRA VIEW HOMES PROVIDES CARE FOR THE AGED AT THREE LEVELS OF SERVICE: 1) MODERATELY PRICED APARTMENTS WITH NO NURSING CARE; 2) INTERMEDIATE CARE FACILITY FOR THOSE IN NEED OF SOME NURSING SERVICE; AND 3) SKILLED NURSING FACILITY, FOR THOSE UNABLE TO CARE FOR THEMSELVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SIERRA VIEW HOMES PROVIDES LICENSED SKILLED NURSING CARE TO THE AGED AND OTHERS NEEDING SUCH CARE. THE ORGANIZATION PROVIDED OVER 21,000 PATIENT DAYS OF SERVICE DURING THE YEAR.
THE CORPORATION PROVIDES INTERMEDIARY CARE FOR THE AGED WHO DO NOT REQUIRE SKILLED NURSING CARE. THERE ARE 36 ROOMS (SOME DOUBLE OCCUPANCY) FOR THIS PURPOSE. ADDITIONALLY, A MEMORY CARE FACILITY IS AVAILABLE TO CARE FOR THOSE WITH DEMENTIA. THERE ARE 15 ROOMS (SOME DOUBLE OCCUPANCY) FOR THIS PURPOSE.
THE CORPORATION MAINTAINS RESIDENTIAL APARTMENTS (115) TO PROVIDE RELATIVELY LOW-COST HOUSING FOR THE AGED. ABOUT 120 OR MORE ELDERLY PERSONS AND COUPLES ARE SERVED, AT ANY ONE TIME, DURING THE YEAR (DEPENDING ON OCCUPANCY AND WHETHER MARRIED OR SINGLE RESIDENTS ARE RENTING AN APARTMENT). A SINGLE MEMBER LLC (SIERRA VIEW RESIDENCES, LLC) WHOLLY OWNED BY THE CORPORATION OPERATES THE RESIDENTIAL APARTMENTS. ALL OF THE NET INCOME OF THE LLC IS DISTRIBUTED TO THE CORPORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Alatorre Nursing Director | 50 | $145,900 | |
Roberta Linscheid Executive Dir. | Officer | 50 | $101,526 |
Bill Braun Chairman | Trustee | 1 | $0 |
Lois Strole Director | Trustee | 1 | $0 |
Joanne Kalafut Secretary | Trustee | 1 | $0 |
Lance Zimmerman Treasurer | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,796 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,796 |
| Total Program Service Revenue | $8,939,771 |
| Investment income | $192,444 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,336,568 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $247,425 |
| Compensation of current officers, directors, key employees. | $101,526 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,498,255 |
| Pension plan accruals and contributions | $65,569 |
| Other employee benefits | $1,022,880 |
| Payroll taxes | $323,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $371,099 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $697,302 |
| Insurance | $0 |
| All other expenses | $792,525 |
| Total functional expenses | $9,459,861 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $674,088 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,939,989 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $62,582 |
| Net Land, buildings, and equipment | $13,792,761 |
| Investments—publicly traded securities | $1,783,372 |
| Investments—other securities | $0 |
| Investments—program-related | $179,665 |
| Intangible assets | $0 |
| Other assets | $688,866 |
| Total assets | $19,121,323 |
| Accounts payable and accrued expenses | $601,324 |
| Grants payable | $0 |
| Deferred revenue | $266,388 |
| Tax-exempt bond liabilities | $9,750,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,515,125 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $12,132,837 |
| Net assets without donor restrictions | $6,988,486 |
| Net assets with donor restrictions | $0 |
| 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 | $19,121,323 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sierra View Homes has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hollenbeck Palms Los Angeles, CA | $91,601,425 | $22,351,666 |
899 Charleston Palo Alto, CA | $143,487,864 | $17,017,896 |
Bay Area Senior Services Inc San Mateo, CA | $56,248,028 | $16,762,634 |
Midpen Property Management Corporation Foster City, CA | $4,229,808 | $16,638,795 |
Casa La Merced Inc C/O Falkenberg/Gilliam & Associates Pasadena, CA | $0 | $52,026 |
Scott Street Senior Housing Complex Incorporated San Francisco, CA | $43,555,702 | $18,828,763 |
Sun Health Colonnade Sun City West, AZ | $94,057,593 | $16,072,885 |
Palo Alto Senior Housing Project Inc Palo Alto, CA | $9,912,770 | $1,163,322 |
Christian Care Tucson Inc Phoenix, AZ | $29,450,689 | $13,520,695 |
Alma Via Of San Francisco Alameda, CA | $25,364,635 | $12,193,885 |
Seascape Senior Housing Inc Walnut Creek, CA | $1,410,799 | $12,833,123 |
Meadowbrook Village Christian Retirement Community Escondido, CA | $70,664,658 | $10,740,685 |