Horizon House

“The board of directors of the pacific northwest conference of the united church of christ elects 14 members of the horizon house board of directors from a list of nominees submitted by the horizon house board of trustees.”

“Information is provided by horizon house to the organization's external cpas to prepare the form 990. Management reviews and recommends filing of the return to the audit committee. The audit committee reviews and approves the form 990 on behalf of the board of trustees. The board of trustees receive a full copy of the form 990 prior to filing with the irs.”

“Each member of the board of directors is required prior to the february board meeting each year to complete a confidential questionnaire as to conflicts of interest, to be submitted to legal counsel of horizon house, who shall review with the president any conflicts of interest that are disclosed. Any board member having a duality of interest or possible conflict of interest on any matter will not vote or use his or her personal influence on the matter, and shall be excused from the meeting for the period during which a vote is being taken on such matter. Also, prior to the february meeting of the board of trustees each year, the chief executive officer shall send to members of the executive team and key management employees a copy of the conflict of interest policy, together with an explanation and a questionnaire to be completed and returned to legal counsel of horizon house, who shall review with the chief executive officer and the president of the board any conflicts of interest that are disclosed. The answers shall be summarized in a confidential report to the president of the board of trustees.”

“A consultant is hired by the board to survey the retirement living executive compensation market and coordinate a performance review process on compensation on behalf of the board. The data is consolidated and presented to the board along with compensation, incentives and benefits information. The board makes compensation decisions based on the consultant's recommendations. The cfo, coo and health services officer's compensation packages are evaluated by the ceo with advice and analysis from the human resources department. The last compensation review was on february 20, 2015.”

“Public inspection copies of form 990, conflict of interest policy and governing documents are available upon request. The final audit report is made available through the organization's library (for review by residents). It is also available upon request by residents and others outside the organization.”

“The number of volunteers includes long term volunteers, one day volunteers and volunteers that come for special projects. Volunteers help transport residents to daily activities and special outings, bring in pets to visit residents, provide musical programs and provide help with special craft projects. The number of volunteers also includes the uncompensated board members.”

“2014 horizon house statement of social accountability horizon house has a long-standing commitment to social accountability. Both residents and staff and the entire organization give their time and financial support to those in need. This support is offered to those both living in horizon house and in the broader community. The mission of horizon house is to be a dynamic retirement community dedicated to dignified aging, life fulfillment and service to the broader community. History and background horizon house, a not-for-profit retirement community was founded in 1961, becoming the first retirement community in downtown seattle. Founding members were civic leaders and members of the united church of christ who established a commitment to social justice, community outreach and social accountability which continues to this day. Horizon house is a continuing care retirement community with 386 independent living apartments and 88 supported living health care apartments. There are approximately 560 residents at horizon house and a staff of 310. Comprehensive health services include; wellness/exercise, rehabilitation therapy, medical and dental clinic, home care, nursing care and adult day services in addition to educational classes and many social and cultural events. Horizon house governance horizon house is governed by a 15 member board of trustees who serve without compensation. The board is comprised of men and women with professional expertise in the leadership and operational areas of horizon house. A five member executive team is responsible for the administrative leadership of horizon house. Examples of community outreach and social accountability some highlights from 2014 include: - charitable care for residents unable to pay in the amount of $768,385 enabling them to remain at horizon house and eliminating the need for government assistance and subsidies. Distribution of $1,273 to employees in need of assistance and $19,471 to employees for educational purposes. These distributions are funded by our generous donors consisting of residents, families, vendors and staff. - space donated to non-profit groups such as parkinsons support, parkinsons board of directors, the league of women voters, pugetarians - united church of christ and other seattle neighborhood groups on an annual basis. Meeting space is also donated to other non-profits such as the first hill improvement association, virginia mason stroke support and elderwise for specific meetings and events for a value of over $48,427. Space and support services donated to the northwest center for creative aging and elderwise amount to an annual contribution of $61,260 for a total donated space and goods value of $156,915. - donations to community not-for-profit groups in honor of deceased horizon house residents for a total of $2,450. - horizon house is a member of various non-profit associations including the council of health & human services ministries of the united church of christ, leadingage, first hill improvement association, northwest center for creative aging and the jim ellis freeway park association. A community grants program provides funding to organizations that support programs and services to older adults - grants and donations for their charitable work in the broader community in the total amount of $153,254. - donations of staff time to such non-profits as university of washington board fellows program (20), horizon home care (240). Nwcca (120), jim ellis freeway park association (140), first hill improvement association (190), northwest center for creative aging (120), leadingage (130), kcts channel 9 tv (200) united way (50) and others. - volunteer hours donated by horizon house residents to community non-profits include lang simons plymouth housing (329 hours), sewing and knitting for harborview and plymouth housing (1,260 hours) and friends of the library book cart (120 hours). In 2014 horizon house donated $789,129 in charitable dollars (resident”

“Change in value of split interest agreements -47,845. Change in value of interest rate cap and swap agreements 678,741.”