Civic Intelligence

Center for Elders' Independence Inc

990 • Fiscal year 2020 • EIN 94-3123446

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 16, 2020

510 17th Street No 400Oakland, CA 94612

(510) 433-1150

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.15x

Higher debt load relative to assets than 32% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Liabilities / Revenue

25th percentile

0.21x

Higher debt load relative to revenue than 25% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Net Margin

68th percentile

10%

Higher net margin than 68% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Top Officer Pay

33rd percentile

$344,400

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2020

Asset Growth

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

8.8%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2019 to 2020

Assets

Up

$120,957,275

Up $17,190,878 (+17%) from 2019

Net Assets

Up

$103,103,476

Up $12,330,360 (+14%) from 2019

Liabilities

Up

$17,853,799

Up $4,860,518 (+37%) from 2019

Revenue

Up

$86,372,308

Up $7,002,871 (+8.8%) from 2019

Expenses

Up

$77,306,046

Up $7,915,145 (+11%) from 2019

Net Income

Down

$9,066,262

Down $912,274 (-9.1%) from 2019

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300M$200M$100M$0Assets 2010: $20,517,469Liabilities 2010: $7,658,046Net Assets 2010: $12,859,4232010Assets 2011: $21,257,540Liabilities 2011: $9,080,499Net Assets 2011: $12,177,0412011Assets 2012: $24,438,414Liabilities 2012: $11,933,325Net Assets 2012: $12,505,0892012Assets 2013: $22,905,045Liabilities 2013: $9,045,866Net Assets 2013: $13,859,1792013Assets 2014: $29,743,189Liabilities 2014: $13,299,913Net Assets 2014: $16,443,2762014Assets 2015: $36,506,266Liabilities 2015: $10,565,578Net Assets 2015: $25,940,6882015Assets 2016: $54,563,539Liabilities 2016: $13,762,502Net Assets 2016: $40,801,0372016Assets 2017: $69,166,500Liabilities 2017: $13,379,314Net Assets 2017: $55,787,1862017Assets 2018: $90,187,304Liabilities 2018: $13,609,259Net Assets 2018: $76,578,0452018Assets 2019: $103,766,397Liabilities 2019: $12,993,281Net Assets 2019: $90,773,1162019Assets 2020: $120,957,275Liabilities 2020: $17,853,799Net Assets 2020: $103,103,4762020Assets 2021: $148,157,639Liabilities 2021: $14,557,483Net Assets 2021: $133,600,1562021Assets 2022: $163,334,060Liabilities 2022: $15,368,812Net Assets 2022: $147,965,2482022Assets 2023: $204,699,204Liabilities 2023: $26,697,798Net Assets 2023: $178,001,4062023Assets 2024: $243,661,392Liabilities 2024: $30,931,300Net Assets 2024: $212,730,0922024

Highlighted filing

2020

Assets$120,957,275
Liabilities$17,853,799
Net Assets$103,103,476

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150M$100M$50M$0Expenses 2010: $38,277,7032010Expenses 2011: $42,083,0292011Revenue 2012: $43,237,651Expenses 2012: $42,909,603Net Income 2012: $328,0482012Revenue 2013: $46,253,800Expenses 2013: $44,899,710Net Income 2013: $1,354,0902013Revenue 2014: $47,494,933Expenses 2014: $45,025,375Net Income 2014: $2,469,5582014Revenue 2015: $55,223,128Expenses 2015: $45,674,843Net Income 2015: $9,548,2852015Revenue 2016: $64,146,360Expenses 2016: $50,371,691Net Income 2016: $13,774,6692016Revenue 2017: $65,403,346Expenses 2017: $53,235,769Net Income 2017: $12,167,5772017Revenue 2018: $77,085,838Expenses 2018: $60,021,358Net Income 2018: $17,064,4802018Revenue 2019: $79,369,437Expenses 2019: $69,390,901Net Income 2019: $9,978,5362019Revenue 2020: $86,372,308Expenses 2020: $77,306,046Net Income 2020: $9,066,2622020Revenue 2021: $95,941,131Expenses 2021: $80,484,653Net Income 2021: $15,456,4782021Revenue 2022: $110,881,645Expenses 2022: $88,004,731Net Income 2022: $22,876,9142022Revenue 2023: $127,967,955Expenses 2023: $103,513,955Net Income 2023: $24,454,0002023Revenue 2024: $148,873,209Expenses 2024: $124,541,801Net Income 2024: $24,331,4082024

Highlighted filing

2020

Revenue$86,372,308
Expenses$77,306,046
Net Income$9,066,262
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$86,553,588
Mission and Program Overview

Mission

Provide high quality, affordable, integrated health services to the elderly, which promote autonomy, quality of life, and the ability of individuals to live in their communities.

Provide high quality, affordable, integrated health services to the elderly, which promote autonomy, quality of life and the ability of individuals to live in their communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$62,414,719$65,539,486▲ $3,124,767
Land, Buildings, and Equipment, Net$26,687,342$33,318,387▲ $6,631,045
Savings and Temporary Cash Investments$978,837$14,103,393▲ $13,124,556
Accounts Receivable$4,732,609$5,738,827▲ $1,006,218
Prepaid Expenses and Deferred Charges$1,191,142$1,156,803▼ $34,339
Cash and Non-Interest-Bearing Accounts$7,236,324$686,708▼ $6,549,616
Intangible Assets$495,465$374,414▼ $121,051
Total Assets$103,766,397$120,957,275▲ $17,190,878
Other Assets Total$29,959$39,257▲ $9,298
Liabilities
Accounts Payable and Accrued Expenses$6,127,496$14,528,104▲ $8,400,608
Mortgage Notes Payable Secured by Investment Property$2,507,006$2,054,370▼ $452,636
Deferred Revenue$645,551$655,266▲ $9,715
Other Liabilities$3,713,228$616,059▼ $3,097,169
Total Liabilities$12,993,281$17,853,799▲ $4,860,518
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$90,773,116$72,366,796▼ $18,406,320
Net Assets With Donor Restrictions-$30,736,680-
Total Net Assets Fund Balance$90,773,116$103,103,476▲ $12,330,360
Total Liabilities and Net Assets / Fund Balance$103,766,397$120,957,275▲ $17,190,878

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$29,661,577$8,465,232$38,126,809
Equipment$1,087,508$4,505,446$5,592,954
Other Land Buildings$519,198$2,561,503$3,080,701
Land$2,050,104-$2,050,104
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda TrowbridgeChief Executive OfficerFT$330,400$14,000$344,400
Bing IsenbergChief Financial OfficerFT$310,110$26,396$336,506
Fareeha CheemaPrimary Care PhysicianFT$261,362$7,637$268,999
Raymond RoquePrimary Care PhysicianFT$257,162$2,564$259,726
Catherine Johnson-kominsVice President HrFT$226,098$15,761$241,859
Lincoln SisonPrimary Care PhysicianFT$229,619$8,910$238,529
Justin LolaVice President Is & Cloud ServicesFT$201,501$28,919$230,420
Alexis ChettiarVP of Clinical OperationsFT$202,970$19,768$222,738
Diana GarrettDirector of Planning and CommunicationsFT$161,089$13,386$174,475
Diana GarrettDirector of Planning and Communicati-$161,089$13,386$174,475
Vickramjit GellonDIRECTOR REAL ESTATE & GOV'T AFFAIRSFT$160,523$11,482$172,005
Maia WhiteDirector of Home Care & Care TransitionsFT$160,665$11,079$171,744
Maia WhiteDirector of Home Care & Care Transit-$160,665$11,079$171,744
Justin RosenthalVice President of OperationsFT$159,876-$159,876

Board Members and Trustees

NameTitle
Florence RaskinChairperson
Michael SmartPast Chairperson
Michael HarrisVice-chairperson
Darryl StewartDirector
Eddie HillDirector
Joanna Kim-selbyDirector
Josie BarrowDirector
William WebsterDirector
Amy KimmelDirector (start 7/2019)
Chip ConradiDirector (start 7/2019)
Curtis BurrDirector (start 7/2019)
David LindemanDirector (start 7/2019)
Malaika StollDirector (start 7/2019)
Sharon CornuDirector (start 7/2019)
Marty LynchSecretary
Dev MahadevanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Fruitvale Healthcare CenterSkilled Nursing3020 E 15TH STREET, Oakland, CA 94601$1,133,919
Pathways HospiceSkilled Nursing585 NORTH MARY AVENUE, Sunnyvale, CA 94085$999,564
Wood Park Care LLCSkilled Nursing3121 FRUITVALE AVENUE, Oakland, CA 94602$959,482
Creekside HealthcareSkilled Nursing1900 CHURCH LANE, San Pablo, CA 94806$832,325
Lan Do & Associates LLCInterpretation And Translation Services2171 HARBOR BAY PARKWAY, Alameda, CA 94502$819,381
Revenue and Support

Revenue Composition

Contributions and Grants
$958,817
Program Service Revenue
$85,124,300
Investment Income
$7,075
Other Revenue
$282,116
All Other Contributions
$234,571
Change in Net Assets
$9,066,262

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Cars and Other Vehicles1$37,350Fair Market Value (FMV)
Total Noncash Contributions1$37,350-

Audited Revenue Reconciliation

Revenue per Audited Statements
$86,277,625
Revenue Not Reported on Financial Statements
$94,683
Revenue Not Reported on Form 990
$3,264,098
Other Revenue Adjustments
$-44,649
Total Revenue per Audited Statements
$89,541,723
Total Revenue per Form 990
$86,372,308
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$47,331,811
Salaries, Compensation, and Employee Benefits$29,974,235
Total Fundraising Expense$464,176
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$20,701,976$1,730,370$191,399$22,623,745
Other Employee Benefits$2,638,102$224,434$23,960$2,886,496
Occupancy$2,097,712$489,765$7,077$2,594,554
Office Expenses$1,729,473$453,027$82,982$2,265,482
Depreciation Depletion$1,527,682$459,562$6,108$1,993,352
Current Officers, Directors, Trustees, and Key Employees$1,795,335$150,226$16,581$1,962,142
Payroll Taxes$1,489,362$126,707$13,527$1,629,596
Fees for Services Other$1,063,495$318,491$84,749$1,466,735
Insurance$962,618--$962,618
Pension Plan Contributions$797,195$67,821$7,240$872,256
Advertising-$589,280-$589,280
Other Expenses$385,720$657,934-$385,720
All Other Expenses-$333,984$20,155$354,139
Fees for Services Legal-$326,766-$326,766
Information Technology$232,972$6,621$1,167$240,760
Travel$179,763$41,901$9,231$230,895
Fees for Service Investment Mgmnt Fees-$139,332-$139,332
Interest-$118,315-$118,315
Fees for Services Accounting-$73,202-$73,202
Fees for Services Lobbying-$45,082-$45,082
Total Functional Expenses$70,489,050$6,352,820$464,176$77,306,046

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$77,306,046
Total Expenses per Audited Statements$77,211,363
Expenses per Audited Statements$77,166,714
Expenses Not Reported on Financial Statements$139,332
Expenses Not Reported on Form 990$44,649
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$44,649
Fundraising Gross Income$44,649
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
All Other Events$42,728$30,660$30,660$0
Online Pace Party$129,740$13,989$13,989$0
Total Events$172,468$44,649$44,649$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Long Term Lease Liabilities$543,291
Deposits Payable$72,768
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A draft copy of the 990 provided to board members for review prior to filing. All questions and comments are addressed prior to filing.

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

All cei officers, directors, trustees, and key employees are covered under the cei conflict of interest policy. For potential conflicts of interest involving staff employees and relatives, either the hr director or the ceo will review. For potential conflicts of interest involving senior management or a board member, the chairperson of the governing board or committee shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. A board member has a duty to disclose any potential conflict of interest to his/her governing board or committee. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board or committee meeting while the determination of a conflict of interest is discussed and voted upon. All cei officers, directors, trustees, and key employees are required to disclose or update annually via a questionnaire, information regarding their interests and those of their family members that could give rise to conflicts of interest, such as a list of family members, substantial business or investment holdings, and other transactions or affiliations with businesses and other organizations and those of family members. In addition, all transactions, including leasing arrangements and contractual agreements, are subject to review by the director of compliance and contracts and/or the board of directors of cei. Conflicts of interest should be discovered before the transaction has occurred.

Form 990, Part VI, Section B, Line 15

The board of directors approves the salary for the executives. For new executive employees, generally, a wage and salary survey is conducted to identify competitive rates of compensation paid to employees performing similar duties and having similar responsibilities in a similar organization. Similar refers to such things as the level of the position within the organization, overall budget of the organization, and an analysis of the level defining characteristics of the job. The board considers all the factors (including the potential employees' current level of compensation, location, and other relevant factors) and after negotiation with the potential executive employee, arrives at the compensation to be paid. Increases are periodically considered by the board and, if requested, additional wage and salary information is obtained.

Form 990, Part VI, Section C, Line 19

Form 990, governing documents, policies, and annual financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
CENTER FOR ELDERS' INDEPENDENCE INC
EIN
94-3123446
Phone
5104331150
Address
510 17TH STREET NO 400, OAKLAND, CA 94612

Signing Officer

Name
Bing Isenberg
Title
Chief Financial Officer
Phone
5104331150
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bing Isenberg
Formed
1989
Legal Domicile
CA
Voting Board Members
17
Independent Board Members
16
Employees
416
Volunteers
250

Preparer

Firm
Armanino Llp
Address
12657 ALCOSTA BLVD STE 500, SAN RAMON, CA 94583-4600
Preparer
Matthew Petroski
Phone
9257902600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The process has not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

Cei is exempt from income taxes under section 501(a) subsection (c)(3) of the internal revenue code and section 23701(d) of the california revenue and taxation code whereby only unrelated business income, as defined by section 512(a)(1) of the internal revenue code and similar code sections of the california revenue and taxation code is subject to income tax. Accordingly, no provision for income taxes has been provided for in the accompanying financial statements. Cei is required to file annual informational returns with the internal revenue service and the california franchise tax board. Management has evaluated its current tax positions and has concluded as of june 30, 2020, that cei does not have any significant uncertain tax positions for which a reserve would be necessary.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Fundraising expenses -44,649.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expenses 44,649.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0PROVIDE HIGH QUALITY, AFFORDABLE, INTEGRATED HEALTH SERVICES TO THE ELDERLY, WHICH PROMOTE AUTONOMY, QUALITY OF LIFE AND THE ABILITY OF INDIVIDUALS TO LIVE IN THEIR COMMUNITIES.
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IRS990/Desc0THE ELDERLY CARE SERVICES PROVIDED ARE IN ACCORDANCE WITH THE PACE REGULATIONS, A FEDERAL PROGRAM AND AN OPTIONAL MEDI-CAL BENEFIT. PACE IS AN ACRONYM FOR 'PROGRAM OF ALL-INCLUSIVE CARE FOR THE ELDERLY. CEI ASSUMES FULL RISK FOR AND DIRECTLY PROVIDES OR CONTRACTS TO PROVIDE THE FULL BENEFITS TO WHICH INDIVIDUALS ARE ENTITLED UNDER MEDICARE AND MEDI-CAL PROGRAMS, INCLUDING ABUT NOT LIMITED TO PRIMARY CARE, SPECIALTY CARE, ACUTE AND SKILLED NURSING FACILITY CARE, DAY CARE, SKILLED NURSING HOME HEALTH VISITS, NON-NURSING HOME CARE, TRANSPORTATION, MEALS, SOCIAL AND PSYCHOSOCIAL SERVICES. DURING THE YEAR ENDING JUNE 30, 2020, CEI SERVED AN AVERAGE OF 798 ENROLLED MEMBERS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR (START 7/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR (START 7/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR (START 7/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR (START 7/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR (START 7/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR (START 7/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRIMARY CARE PHYSICIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt19PRIMARY CARE PHYSICIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRIMARY CARE PHYSICIAN
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP OF CLINICAL OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt22VICE PRESIDENT IS & CLOUD SERVICES
IRS990/Form990PartVIISectionAGrp/TitleTxt23VICE PRESIDENT HR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR OF PLANNING AND COMMUNICATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR OF HOME CARE & CARE TRANSITIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR REAL ESTATE & GOV'T AFFAIRS
IRS990/Form990PartVIISectionAGrp/TitleTxt27VICE PRESIDENT OF OPERATIONS
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IRS990/MissionDesc0PROVIDE HIGH QUALITY, AFFORDABLE, INTEGRATED HEALTH SERVICES TO THE ELDERLY, WHICH PROMOTE AUTONOMY, QUALITY OF LIFE AND THE ABILITY OF INDIVIDUALS TO LIVE IN THEIR COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$244$30.9$213$149$125$24.3
2023Detailed filing. Detailed filing data is available for this year.$205$26.7$178$128$104$24.5
2022Detailed filing. Detailed filing data is available for this year.$163$15.4$148$111$88.0$22.9
2021Detailed filing. Detailed filing data is available for this year.$148$14.6$134$95.9$80.5$15.5
2020Detailed filing. Detailed filing data is available for this year.$121$17.9$103$86.4$77.3$9.07
2019Detailed filing. Detailed filing data is available for this year.$104$13.0$90.8$79.4$69.4$9.98
2018Detailed filing. Detailed filing data is available for this year.$90.2$13.6$76.6$77.1$60.0$17.1
2017Detailed filing. Detailed filing data is available for this year.$69.2$13.4$55.8$65.4$53.2$12.2
2016Detailed filing. Detailed filing data is available for this year.$54.6$13.8$40.8$64.1$50.4$13.8
2015Detailed filing. Detailed filing data is available for this year.$36.5$10.6$25.9$55.2$45.7$9.55
2014Detailed filing. Detailed filing data is available for this year.$29.7$13.3$16.4$47.5$45.0$2.47
2013Summary only. Only limited summary data is available for this year.$22.9$9.05$13.9$46.3$44.9$1.35
2012Summary only. Only limited summary data is available for this year.$24.4$11.9$12.5$43.2$42.9$0.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.3$9.08$12.2$42.1
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.5$7.66$12.9$38.3
Peer Organizations

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