Civic Intelligence

Viamonte Senior Living 1 Inc

EIN 81-2951897 • 501(c)3 • San Francisco, CA

Profile

Vsl's mission is to design, finance, construct and operate a continuing care retirement community in walnut creek, california on a non profit, nondenominational basis and to engage in any other activities that further such purpose.

1525 Post StreetSan Francisco, CA 94109

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2025

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

63rd percentile

11%

Higher net margin than 63% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

92nd percentile

$383,025

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

3rd percentile

-66%

Faster revenue growth than 3% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$213,796,429

Down $28,313,963 (-12%) from 2021

Liabilities

Down

$216,039,090

Down $24,993,730 (-10%) from 2021

Net Assets

Down

-$2,242,661

Down $3,320,233 (-308%) from 2021

Revenue

Up

$22,788,299

Up $15,153,976 (+198%) from 2021

Expenses

Down

$20,508,481

Down $351,889 (-1.7%) from 2021

Net Income

Up

$2,279,818

Up $15,505,865 (+117%) from 2021

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300M$200M$100M$0-$100MAssets 2018: $227,500,316Liabilities 2018: $206,663,021Net Assets 2018: $20,837,2952018Assets 2019: $248,381,196Liabilities 2019: $230,071,912Net Assets 2019: $18,309,2842019Assets 2020: $282,822,555Liabilities 2020: $268,513,546Net Assets 2020: $14,309,0092020Assets 2021: $242,110,392Liabilities 2021: $241,032,820Net Assets 2021: $1,077,5722021Assets 2024: $213,796,429Liabilities 2024: $216,039,090Net Assets 2024: -$2,242,6612024

Highlighted filing

2024

Assets$213,796,429
Liabilities$216,039,090
Net Assets-$2,242,661

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10M-$20MRevenue 2018: $2,058,955Expenses 2018: $6,347,837Net Income 2018: -$4,288,8822018Revenue 2019: $10,800Expenses 2019: $2,691,294Net Income 2019: -$2,680,4942019Revenue 2020: $703,209Expenses 2020: $4,676,210Net Income 2020: -$3,973,0012020Revenue 2021: $7,634,323Expenses 2021: $20,860,370Net Income 2021: -$13,226,0472021Revenue 2024: $22,788,299Expenses 2024: $20,508,481Net Income 2024: $2,279,8182024

Highlighted filing

2024

Revenue$22,788,299
Expenses$20,508,481
Net Income$2,279,818

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 13, 2022
Return Version
2021v4.2
Gross Receipts
$7,634,323
Mission and Program Overview

Mission

See schedule o viamonte senior living, inc.'s mission is to provide homes and services to seniors for healthy aging through improving the quality of life and providing a range of support, or assistive services, in addition to the lifestyle-focused amenities and much more for the seniors.

Viamonte senior living 1, inc. ("vsl") provides organization structure and leadership to meet the needs and improve the quality of life of older persons by offering housing and programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$184,520,498$182,760,847▼ $1,759,651
Savings and Temporary Cash Investments$90,782,571$54,842,086▼ $35,940,485
Investments in Publicly Traded Securities$6,620,932$3,220,451▼ $3,400,481
Cash and Non-Interest-Bearing Accounts$585,385$1,287,008▲ $701,623
Accounts Receivable$313,169$0▼ $313,169
Total Assets$282,822,555$242,110,392▼ $40,712,163
Liabilities
Tax Exempt Bond Liabilities$185,618,967$131,745,761▼ $53,873,206
Other Liabilities$61,422,255$103,400,254▲ $41,977,999
Escrow Account Liability$6,620,347$3,219,866▼ $3,400,481
Accounts Payable and Accrued Expenses$14,851,977$2,666,939▼ $12,185,038
Total Liabilities$268,513,546$241,032,820▼ $27,480,726
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,309,009$1,077,572▼ $13,231,437
Total Net Assets Fund Balance$14,309,009$1,077,572▼ $13,231,437
Total Liabilities and Net Assets / Fund Balance$282,822,555$242,110,392▼ $40,712,163

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$167,631,570$3,343,589$170,975,159
Land$11,211,075-$11,211,075
Other Land Buildings$2,949,613$354,249$3,303,862
Equipment$968,589$144,086$1,112,675
Compensation and Service Providers

Board Members and Trustees

NameTitle
David JamisonChair
Sara McveyPresident and CEO
Steve HermanVice Chair
Gary FreemanBoard Member
Michele StrattonBoard Member
Philip PlacierBoard Member
Melody Mitchell AllanExecutive Director, Viamonte
Charles ShoemakeCFO
David J LatinaChief Business Development Officer
Martha a AtwoodChief Hr & Compliance Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$21,547
Program Service Revenue
$7,506,979
Investment Income
$46,314
Other Revenue
$59,483
Change in Net Assets
$-13,226,047

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,634,323
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-5,391
Total Revenue per Audited Statements
$7,628,932
Total Revenue per Form 990
$7,634,323
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,230,488
Salaries, Compensation, and Employee Benefits$4,629,882
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$6,771,918--$6,771,918
Other Salaries and Wages$3,710,476--$3,710,476
Depreciation Depletion$3,294,494--$3,294,494
Fees for Services Other$2,333,970$23,680-$2,357,650
Occupancy$585,145$26,164-$611,309
Other Employee Benefits$541,617$24,218-$565,835
Office Expenses$488,475$21,841-$510,316
All Other Expenses$248,843$87,179-$336,022
Insurance$253,383$11,330-$264,713
Advertising$250,473$11,200-$261,673
Payroll Taxes$179,630$8,032-$187,662
Information Technology$176,734$7,902-$184,636
Current Officers, Directors, Trustees, and Key Employees-$165,909-$165,909
Fees for Services Management$137,700$6,157-$143,857
Other Expenses$481,684$105,288-$105,288
Fees for Services Legal-$35,262-$35,262
Conferences and Meetings$19,752$883-$20,635
Fees for Services Accounting-$5,645-$5,645
Travel$2,314$103-$2,417
Total Functional Expenses$20,262,882$597,488$0$20,860,370

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$20,860,370
Total Expenses per Audited Statements$20,860,370
Total Expenses per Form 990$20,860,370
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability on Refundable Contracts$64,727,114
Unamortized Entrance Fees$29,520,062
Due to Affiliates$7,822,478
Entrance Fees Received in Advance$1,330,600

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACalifornia Statewide Communities Development Authority2018-05-24$191,365,162SEE PART VI

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$198,232,640$5,248,920$55,000,000$1,648,564

Bond Financing Compliance

No rebate due
No
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
Yes
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

Vsl was formed by sequoia living, inc. ("sequoia living"), formerly known as northern california presbyterian homes and services, inc., which is the sole corporate member of vsl.

Form 990, Part VI, Section A, Line 7A

Vsl is governed by a board of directors consisting of four to six members. Sequoia living, vsl's sole corporate member, appoints all board members. In addition to appointment of the board, sequoia living also provides management and development services to vsl.

Form 990, Part VI, Section A, Line 7B

Sequoia living, inc, the sole corporate member shall have the right to vote on: (a) the election of directors; (b) the removal of directors pursuant to section 5222 of the california nonproift public benefit corporation law; (c) any amendment to the bylaws that materially and adversely affects member voting rights, and all amendments to the articles of incorporation of the corporation, except for amendments permitted to be adopted by the board alone under section 5812(b) of the california nonprofit public benefit corporation law; (d) the disposition of all or substantially all of the assets of the corporationl; (e) any merger of the corporation; (f) any dissolution of the corporation; (g) any change in the formal or informal expressions of philosophy or purpose of the corporation; and (h) any other matters that must properly be presented to the member for a vote, pursuant to the corporation's articles of incorporation, bylaws, or action of the board, or by operation of the law.

Form 990, Part VI, Section B, Line 11B

The form 990 is prepared by moss adams llp, based on the information provided by the organization's staff. Prior to filing, the form 990 is distributed to all members of the board of directors and reviewed by the audit & compliance committee of the board of directors. Once the form 990 is approved by the committee, moss adams llp signs as preparer and the chief financial officer signs on behalf of the organization.

Form 990, Part VI, Section B, Line 12C

Viamonte senior living 1 inc. Annually reviews any conflicts disclosed by its board members. Any questions that arise regarding potential conflicts are addressed immediately. Board members who have a conflict of interest do not vote on any matter related to the issue for which they have the conflict.

Form 990, Part VI, Section C, Line 19

Governing documents, the conflict of interest policy, financial statements, and form 990 are made available to the public through the sequoia living website. The organization also makes these items available upon request.

Filing and Contact Details

Filer

Filer Name
Viamonte Senior Living 1 Inc
EIN
81-2951897
Phone
4152027800
Address
1525 POST STREET, SAN FRANCISCO, CA 94109

Signing Officer

Name
Charlie Shoemake
Title
CFO
Phone
4152027800
Signed
2022-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sara Mcvey
Formed
2016
Legal Domicile
CA
Voting Board Members
5
Independent Board Members
5
Employees
63
Volunteers
10

Preparer

Firm
Moss Adams Llp
Address
101 SECOND STREET SUITE 900, SAN FRANCISCO, CA 94105
Preparer
Qi Wen Liang
Phone
4159561500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Viamonte, inc. Is a new retirement living community that provides exceptional life experiences for older adults in northern california. Viamonte provides independent living, assisted living, and memory care levels of care to their residents. In addition, viamonte also provides its residents with meals, housekeeping, laundry, maintenance, and transportation services, as well as salon and spa services. Residents are also encouraged to participate in various activities provided by viamonte, including social, physical and cultural activities, e.g., games, yoga, etc.

Form 990, Part IX, Line 11G

Temporary labor: program service expenses 117,754. Management and general expenses 5,265. Fundraising expenses 0. Total expenses 123,019. Other outside services: program service expenses 2,059,600. Management and general expenses 11,412. Fundraising expenses 0. Total expenses 2,071,012. Security services: program service expenses 39,351. Management and general expenses 1,760. Fundraising expenses 0. Total expenses 41,111. Medical care: program service expenses 117,265. Management and general expenses 5,243. Fundraising expenses 0. Total expenses 122,508.

Financial Statement Notes

PART IV, LINE 2B:

The refundable deposits are required to be held in escrow by the state of california. There are currently 31 escrow accounts designated by prospects. Interest accrues to the depositor and will be returned with the deposit upon completion of the unit.

PART X, LINE 2:

Vsl has been granted tax exemption from federal income tax under the internal revenue code, section 501(c)(3). This internal revenue code section provides for taxation of certain unrelated business income. Management believes that vsl has had no significant unrelated business income to date. Vsl is exempt from state income tax under similar provisions of the franchise tax board of the state of california. At december 31, 2021 and 2020, there were no such uncertain tax positions.

Raw XML AppendixShowing 400 of 776 raw XML fields

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IRS990/ActivityOrMissionDesc0VIAMONTE SENIOR LIVING 1, INC. ("VSL") PROVIDES ORGANIZATION STRUCTURE AND LEADERSHIP TO MEET THE NEEDS AND IMPROVE THE QUALITY OF LIFE OF OLDER PERSONS BY OFFERING HOUSING AND PROGRAMS.
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IRS990/Desc0CONSTRUCTION AND OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY IN WALNUT CREEK, CALIFORNIA ON A NONPROFIT, NONDENOMINATIONAL BASIS. THE NEW FACILITY ("VIAMONTE") OPENED IN NOVEMBER 2020 AND CONSISTS OF 174 INDEPENDENT LIVING UNITS, WITH AN ADDITIONAL 7 ASSISTED LIVING UNITS AND 10 MEMORY CARE UNITS OPENED DURING IN 2021. IN ADDITION, VIAMONTE ALSO PROVIDES ITS RESIDENTS WITH MEALS, HOUSEKEEPING, LAUNDRY, MAINTENANCE, AND TRANSPORTATION SERVICES, AS WELL AS SALON AND SPA SERVICES. RESIDENTS ARE ALSO ENCOURAGED TO PARTICIPATE IN VARIOUS ACTIVITIES PROVIDED BY VIAMONTE, INCLUDING SOCIAL, PHYSICAL AND CULTURAL ACTIVITIES, E.G., GAMES, YOGA, ETC.
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IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt6CHIEF HR & COMPLIANCE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt7CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt8CHIEF BUSINESS DEVELOPMENT OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR, VIAMONTE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt07634323
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt07902
IRS990/InformationTechnologyGrp/ProgramServicesAmt0176734
IRS990/InformationTechnologyGrp/TotalAmt0184636
IRS990/InsuranceGrp/ManagementAndGeneralAmt011330
IRS990/InsuranceGrp/ProgramServicesAmt0253383
IRS990/InsuranceGrp/TotalAmt0264713
IRS990/InterestGrp/ProgramServicesAmt06771918
IRS990/InterestGrp/TotalAmt06771918
IRS990/InvestmentIncomeGrp/ExclusionAmt046314
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt046314
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt06620932
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03220451
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt083
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt03841924
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0184520498
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0182760847
IRS990/LandBldgEquipCostOrOtherBssAmt0186602771
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0VSL'S MISSION IS TO DESIGN, FINANCE, CONSTRUCT AND OPERATE A CONTINUING CARE RETIREMENT COMMUNITY IN WALNUT CREEK, CALIFORNIA ON A NON PROFIT, NONDENOMINATIONAL BASIS AND TO ENGAGE IN ANY OTHER ACTIVITIES THAT FURTHER SUCH PURPOSE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt014309009
IRS990/NetAssetsOrFundBalancesEOYAmt01077572
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-5390
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014309009
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01077572
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt026164
IRS990/OccupancyGrp/ProgramServicesAmt0585145
IRS990/OccupancyGrp/TotalAmt0611309
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt021841
IRS990/OfficeExpensesGrp/ProgramServicesAmt0488475
IRS990/OfficeExpensesGrp/TotalAmt0510316
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt024218
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0541617
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0565835
IRS990/OtherExpensesGrp/Desc0REPAIR AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1FOOD
IRS990/OtherExpensesGrp/Desc2OTHER TAXES AND LICENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt035157
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt121538
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2105288
IRS990/OtherExpensesGrp/ProgramServicesAmt0786274
IRS990/OtherExpensesGrp/ProgramServicesAmt1481684
IRS990/OtherExpensesGrp/TotalAmt0821431
IRS990/OtherExpensesGrp/TotalAmt1503222
IRS990/OtherExpensesGrp/TotalAmt2105288
IRS990/OtherLiabilitiesGrp/BOYAmt061422255
IRS990/OtherLiabilitiesGrp/EOYAmt0103400254
IRS990/OtherRevenueMiscGrp/BusinessCd0812900
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt059483
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt059483
IRS990/OtherRevenueTotalAmt059483
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03710476
IRS990/OtherSalariesAndWagesGrp/TotalAmt03710476
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt08032
IRS990/PayrollTaxesGrp/ProgramServicesAmt0179630
IRS990/PayrollTaxesGrp/TotalAmt0187662
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SARA MCVEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/BusinessCd1623000
IRS990/ProgramServiceRevenueGrp/BusinessCd2623000
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT FEES
IRS990/ProgramServiceRevenueGrp/Desc1AMORT OF ENTRANCE FEES
IRS990/ProgramServiceRevenueGrp/Desc2SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05001532
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12225409
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2280038
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05001532
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12225409
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2280038
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0277
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0429864
IRS990/PYOtherExpensesAmt03106490
IRS990/PYOtherRevenueAmt07500
IRS990/PYProgramServiceRevenueAmt0265568
IRS990/PYRevenuesLessExpensesAmt0-3973001
IRS990/PYSalariesCompEmpBnftPaidAmt01569720
IRS990/PYTotalExpensesAmt04676210
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0703209
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-13226047
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt021547
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt07566462
IRS990/SavingsAndTempCashInvstGrp/BOYAmt090782571
IRS990/SavingsAndTempCashInvstGrp/EOYAmt054842086
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt021547
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0277
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt021824
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt046314
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0398491
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt02058995
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0426
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02504226
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt07506979
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0265568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07772547
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt046314
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0398491
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt02058995
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0426
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02504226
IRS990ScheduleA/InvestmentIncomeCYPct00.24040
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt059483
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt07500
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt010800
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt038430
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0116213
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.74840
IRS990ScheduleA/PublicSupportTotal509Amt07794371
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt07528526
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0265845
IRS990ScheduleA/Total509Grp/TotalAmt07794371
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt07634323
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0671836
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02058995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt038856
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt010414810
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BeginningBalanceAmt06620347
IRS990ScheduleD/BuildingsGrp/BookValueAmt0167631570
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03343589
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0170975159
IRS990ScheduleD/DistributionsDuringYearAmt03400481
IRS990ScheduleD/EndingBalanceAmt03219866
IRS990ScheduleD/EquipmentGrp/BookValueAmt0968589
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0144086
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01112675
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt020860370
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt011211075
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt011211075
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-5391
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02949613
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0354249
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03303862
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07822478
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt164727114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt229520062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31330600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LIABILITY ON REFUNDABLE CONTRACTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNAMORTIZED ENTRANCE FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ENTRANCE FEES RECEIVED IN ADVANCE
IRS990ScheduleD/RevenueNotReportedAmt0-5391
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07634323
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE REFUNDABLE DEPOSITS ARE REQUIRED TO BE HELD IN ESCROW BY THE STATE OF CALIFORNIA. THERE ARE CURRENTLY 31 ESCROW ACCOUNTS DESIGNATED BY PROSPECTS. INTEREST ACCRUES TO THE DEPOSITOR AND WILL BE RETURNED WITH THE DEPOSIT UPON COMPLETION OF THE UNIT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1VSL HAS BEEN GRANTED TAX EXEMPTION FROM FEDERAL INCOME TAX UNDER THE INTERNAL REVENUE CODE, SECTION 501(C)(3). THIS INTERNAL REVENUE CODE SECTION PROVIDES FOR TAXATION OF CERTAIN UNRELATED BUSINESS INCOME. MANAGEMENT BELIEVES THAT VSL HAS HAD NO SIGNIFICANT UNRELATED BUSINESS INCOME TO DATE. VSL IS EXEMPT FROM STATE INCOME TAX UNDER SIMILAR PROVISIONS OF THE FRANCHISE TAX BOARD OF THE STATE OF CALIFORNIA. AT DECEMBER 31, 2021 AND 2020, THERE WERE NO SUCH UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:

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