Civic Intelligence

Brethren Hillcrest Homes

990 • Fiscal year 2021 • EIN 95-1809564

Jul 01, 2020 to Jun 30, 2021 • Filed on Apr 14, 2022

2705 Mountain View DriveLa Verne, CA 91750

(909) 593-4917

Siviq Scores

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

Liabilities / Assets

79th percentile

0.67x

Higher debt load relative to assets than 79% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2021

Liabilities / Revenue

86th percentile

2.60x

Higher debt load relative to revenue than 86% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2021

Net Margin

45th percentile

7.5%

Higher net margin than 45% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2021

Top Officer Pay

25th percentile

$279,569

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2021

Asset Growth

44th percentile

9.4%

Faster asset growth than 44% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Revenue Growth

42nd percentile

7.3%

Faster revenue growth than 42% of similar nonprofits.

2021 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2020 to 2021

Assets

Up

$114,156,298

Up $9,828,743 (+9.4%) from 2020

Net Assets

Up

$37,741,059

Up $5,849,340 (+18%) from 2020

Liabilities

Up

$76,415,239

Up $3,979,403 (+5.5%) from 2020

Revenue

Up

$29,373,170

Up $2,005,375 (+7.3%) from 2020

Expenses

Up

$27,161,918

Up $1,649,723 (+6.5%) from 2020

Net Income

Up

$2,211,252

Up $355,652 (+19%) from 2020

Historical Trend

Balance Sheet Trend

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

$150M$100M$50M$0Assets 2011: $90,508,431Liabilities 2011: $71,296,083Net Assets 2011: $19,212,3482011Assets 2012: $91,917,333Liabilities 2012: $71,162,327Net Assets 2012: $20,755,0062012Assets 2013: $91,919,444Liabilities 2013: $69,519,859Net Assets 2013: $22,399,5852013Assets 2014: $94,364,426Liabilities 2014: $71,108,720Net Assets 2014: $23,255,7062014Assets 2015: $95,333,709Liabilities 2015: $71,266,235Net Assets 2015: $24,067,4742015Assets 2016: $98,626,583Liabilities 2016: $71,411,602Net Assets 2016: $27,214,9812016Assets 2017: $101,888,685Liabilities 2017: $69,850,831Net Assets 2017: $32,037,8542017Assets 2018: $104,881,623Liabilities 2018: $70,786,127Net Assets 2018: $34,095,4962018Assets 2019: $102,479,661Liabilities 2019: $72,188,673Net Assets 2019: $30,290,9882019Assets 2020: $104,327,555Liabilities 2020: $72,435,836Net Assets 2020: $31,891,7192020Assets 2021: $114,156,298Liabilities 2021: $76,415,239Net Assets 2021: $37,741,0592021Assets 2022: $120,281,850Liabilities 2022: $84,261,418Net Assets 2022: $36,020,4322022Assets 2023: $124,684,949Liabilities 2023: $84,298,638Net Assets 2023: $40,386,3112023Assets 2024: $124,509,908Liabilities 2024: $77,621,074Net Assets 2024: $46,888,8342024

Highlighted filing

2021

Assets$114,156,298
Liabilities$76,415,239
Net Assets$37,741,059

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $20,156,847Expenses 2011: $18,807,294Net Income 2011: $1,349,5532011Expenses 2012: $19,041,3692012Expenses 2013: $19,938,4472013Revenue 2014: $21,750,287Expenses 2014: $20,707,376Net Income 2014: $1,042,9112014Revenue 2015: $22,238,312Expenses 2015: $22,516,094Net Income 2015: -$277,7822015Revenue 2016: $23,507,125Expenses 2016: $21,536,402Net Income 2016: $1,970,7232016Revenue 2017: $25,026,132Expenses 2017: $22,791,235Net Income 2017: $2,234,8972017Revenue 2018: $26,255,339Expenses 2018: $23,086,743Net Income 2018: $3,168,5962018Revenue 2019: $24,951,178Expenses 2019: $23,627,267Net Income 2019: $1,323,9112019Revenue 2020: $27,367,795Expenses 2020: $25,512,195Net Income 2020: $1,855,6002020Revenue 2021: $29,373,170Expenses 2021: $27,161,918Net Income 2021: $2,211,2522021Revenue 2022: $28,634,807Expenses 2022: $26,582,467Net Income 2022: $2,052,3402022Revenue 2023: $30,443,889Expenses 2023: $30,028,255Net Income 2023: $415,6342023Revenue 2024: $35,740,546Expenses 2024: $32,358,431Net Income 2024: $3,382,1152024

Highlighted filing

2021

Revenue$29,373,170
Expenses$27,161,918
Net Income$2,211,252
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Apr 14, 2022
Return Version
2020v4.0
Gross Receipts
$31,735,403
Mission and Program Overview

Mission

To serve and enrich the lives of older persons through quality services and facilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$68,183,757$72,413,682▲ $4,229,925
Investments in Publicly Traded Securities$20,461,889$24,530,780▲ $4,068,891
Savings and Temporary Cash Investments$4,538,068$5,792,595▲ $1,254,527
Cash and Non-Interest-Bearing Accounts$7,057,167$4,818,669▼ $2,238,498
Other Notes and Loans Receivable, Net-$786,000-
Accounts Receivable$1,830,134$708,066▼ $1,122,068
Prepaid Expenses and Deferred Charges$268,433$186,360▼ $82,073
Inventories for Sale or Use$47,007$48,290▲ $1,283
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Total Assets$104,327,555$114,156,298▲ $9,828,743
Other Assets Total$1,941,100$4,871,856▲ $2,930,756
Liabilities
Tax Exempt Bond Liabilities$32,613,743$37,249,483▲ $4,635,740
Deferred Revenue$32,924,170$34,274,627▲ $1,350,457
Accounts Payable and Accrued Expenses$2,932,771$2,841,382▼ $91,389
Unsecured Notes Loans Payable$1,824,100--
Other Liabilities$1,632,450$1,591,155▼ $41,295
Mortgage Notes Payable Secured by Investment Property$508,602$458,592▼ $50,010
Total Liabilities$72,435,836$76,415,239▲ $3,979,403
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,001,395$25,368,714▲ $5,367,319
Net Assets With Donor Restrictions$11,890,324$12,372,345▲ $482,021
Total Net Assets Fund Balance$31,891,719$37,741,059▲ $5,849,340
Total Liabilities and Net Assets / Fund Balance$104,327,555$114,156,298▲ $9,828,743

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$55,894,204$54,832,189$110,726,393
Other Land Buildings$10,274,180$1,424,922$11,699,102
Equipment$2,092,012$4,800,488$6,892,500
Land$4,153,286-$4,153,286

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$23,117,129$964,182▲ $2,623,251-$26,704,562
2019$20,950,799$1,021,816▲ $1,144,514-$23,117,129
2018$18,537,404$393,580▲ $2,019,815-$20,950,799
2017$18,394,229$143,175--$18,537,404
2016$14,836,964$3,557,265--$18,394,229
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew NeeleyPresident & CEOFT$249,393$40,976$279,569
Winnie DangCFOFT$168,564$16,738$196,102
Wasley-FairleyVP Health ServicesFT$134,020$15,503$149,523
Shirley TurnerDirector of MarketingFT$109,296$12,196$121,492
Maria AlbertoMDS CoordinatorFT$101,293$18,132$119,425
Catherine GriffinDirector Clinical ServFT$112,435$5,623$118,058
Daniel TownsendDirector Facility ServFT$103,800$4,296$108,096

Board Members and Trustees

NameTitle
Kathy DuncanChair
Curtis FrickVice Chair
Christine MeekDirector
Dot HessDirector
Gilbert IveyDirector
Jackie DoudDirector
Jon BlickenstaffDirector
Leroy LappDirector
Loren NewmanDirector
Robert JohnstonDirector
Susan TenorioDirector
Russ MattesonExec. Minister
Don KurtzSecretary
Linda SaddlemireTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Perera Construction & Design IncConstruction2890 Inland Empire Blvd Suite 102, Ontario, CA 91764$4,752,776
Morrison Management SpecialistsDining Management400 Northridge Road Suite 600, Sandy Springs, GA 30350$1,561,779
Interim HealthcareHome Care2709 B Street, La Verne, CA 91750$465,040
Phoenix Settlement AdministratorsSettlement Agent1411 N Batavia St Suite 105, Orange, CA 92867$431,449
LJS EnterprisesConstruction154-A West Foothill Blvd 243, Upland, CA 91786$288,009
Revenue and Support

Revenue Composition

Contributions and Grants
$2,797,547
Program Service Revenue
$25,614,108
Investment Income
$818,950
Other Revenue
$142,565
All Other Contributions
$943,911
Change in Net Assets
$2,211,252

Audited Revenue Reconciliation

Revenue per Audited Statements
$29,373,170
Revenue Not Reported on Form 990
$3,652,018
Total Revenue per Audited Statements
$33,025,188
Total Revenue per Form 990
$29,373,170
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$15,741,874
Salaries, Compensation, and Employee Benefits$11,420,044
Total Fundraising Expense$230,107
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,372,981$903,524$113,732$8,390,237
Depreciation Depletion$4,016,973$881,774-$4,898,747
Interest$1,196,143$54,669-$1,250,812
All Other Expenses$1,002,803$181,321$30,035$1,214,159
Other Employee Benefits$1,071,852$115,497$18,429$1,205,778
Payroll Taxes$1,050,481$91,485$14,182$1,156,148
Occupancy$931,469$204,469-$1,135,938
Fees for Services Management-$998,165-$998,165
Fees for Services Other$672,935$192,809$49,000$914,744
Other Expenses$588,223$4,898$541$593,121
Current Officers, Directors, Trustees, and Key Employees-$475,671-$475,671
Insurance$356,197$78,190-$434,387
Pension Plan Contributions$154,324$33,698$4,188$192,210
Advertising-$138,209-$138,209
Fees for Services Accounting-$72,345-$72,345
Office Expenses-$62,933-$62,933
Fees for Services Legal-$28,201-$28,201
Travel$634$767-$1,401
Total Functional Expenses$22,378,604$4,553,207$230,107$27,161,918

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$27,175,848
Expenses per Audited Statements$27,161,918
Total Expenses per Form 990$27,161,918
Expenses Not Reported on Form 990$13,930
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$86,220
Fundraising Direct Expenses$9,630
Gaming Gross Income$5,450
Gaming Direct Expenses$1,600
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luck of the Draw$86,220$86,220$8,430$77,790
Total Events$86,220$86,220$9,630$76,590
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Refundable Deposits$874,248
Annuities Payable$716,907

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of La Verne CA2003-01-07$47,000,000Construction, expansion and equipping facilities
BCalifornia Municipal Fin2020-07-01$10,600,000Construction of Facilities

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$47,000,000-$15,230,000$740,500
B$10,600,000-$4,005,517$144,859

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
Yes
Gross proceeds invested
No
Gross proceeds invested in GIC
No
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
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, Line 11B: Form 990 Review Process

The 990 is reviewed by the board's executive committee prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Conflict of interest statements are signed each year and reviewed by the compliance committee. Members with conflicts abstain from voting when a conflict is recognized.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

The hillcrest compensation committee is charged with determining compensation for the ceo, executive director, or top management official using comparibility data and/or contemporaneous substantiation and deliberation.hillcrest's board, working through the compensation committee and the ceo, regularly review the design and administration of reward plans and the overall approach to rewarding associates.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation is determined using comparibility data and/or contemporaneous substantiation and deliberation by the ceo.hillcrest's board, working through the compensation committee and the ceo, regularily review the design and administration of reward plans and the overall approach to rewarding associates.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All governing documents, policies and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Brethren Hillcrest Homes
EIN
95-1809564
Phone
9095934917
Address
2705 Mountain View Drive, La Verne, CA 91750

Signing Officer

Name
Winnie Dang
Title
CFO
Signed
2022-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Neeley
Formed
1947
Legal Domicile
CA
Voting Board Members
15
Independent Board Members
14
Employees
304
Volunteers
15

Preparer

Firm
Hansen Hunter & Company Pc
Address
7080 SW FIR LOOP SUITE 100, TIGARD, OR 97223
Preparer
Lou McCollum
Phone
5032442134
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fundraising Grouped with Revenue $13930

Part XII, Line 2D: Other expenses and losses per audited F/S

Fundraising Grouped with Revenue $13930

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IRS990/Form990PartVIISectionAGrp/PersonNm0Matthew Neeley
IRS990/Form990PartVIISectionAGrp/PersonNm1Winnie Dang
IRS990/Form990PartVIISectionAGrp/PersonNm2Wasley-Fairley
IRS990/Form990PartVIISectionAGrp/PersonNm3Shirley Turner
IRS990/Form990PartVIISectionAGrp/PersonNm4Maria Alberto
IRS990/Form990PartVIISectionAGrp/PersonNm5Catherine Griffin
IRS990/Form990PartVIISectionAGrp/PersonNm6Daniel Townsend
IRS990/Form990PartVIISectionAGrp/PersonNm7Curtis Frick
IRS990/Form990PartVIISectionAGrp/PersonNm8Russ Matteson
IRS990/Form990PartVIISectionAGrp/PersonNm9Leroy Lapp
IRS990/Form990PartVIISectionAGrp/PersonNm10Dot Hess
IRS990/Form990PartVIISectionAGrp/PersonNm11Jon Blickenstaff
IRS990/Form990PartVIISectionAGrp/PersonNm12Gilbert Ivey
IRS990/Form990PartVIISectionAGrp/PersonNm13Don Kurtz
IRS990/Form990PartVIISectionAGrp/PersonNm14Robert Johnston
IRS990/Form990PartVIISectionAGrp/PersonNm15Christine Meek
IRS990/Form990PartVIISectionAGrp/PersonNm16Loren Newman
IRS990/Form990PartVIISectionAGrp/PersonNm17Kathy Duncan
IRS990/Form990PartVIISectionAGrp/PersonNm18Linda Saddlemire
IRS990/Form990PartVIISectionAGrp/PersonNm19Susan Tenorio
IRS990/Form990PartVIISectionAGrp/PersonNm20Jackie Doud
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP Health Services
IRS990/Form990PartVIISectionAGrp/TitleTxt3Dir. of Marketing
IRS990/Form990PartVIISectionAGrp/TitleTxt4MDS Coordinator
IRS990/Form990PartVIISectionAGrp/TitleTxt5Dir. Clinical Serv
IRS990/Form990PartVIISectionAGrp/TitleTxt6Dir. Facility Serv
IRS990/Form990PartVIISectionAGrp/TitleTxt7Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt8Exec. Minister
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt18Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
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IRS990/FormationYr01947
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IRS990/FundraisingDirectExpensesAmt09630
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IRS990/InterestGrp/ManagementAndGeneralAmt054669
IRS990/InterestGrp/ProgramServicesAmt01196143
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IRS990/MissionDesc0TO SERVE AND ENRICH THE LIVES OF OLDER PERSONS THROUGH QUALITY SERVICES AND FACILITIES.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$125$77.6$46.9$35.7$32.4$3.38
2023Summary only. Only limited summary data is available for this year.$125$84.3$40.4$30.4$30.0$0.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$120$84.3$36.0$28.6$26.6$2.05
2021Detailed filing. Detailed filing data is available for this year.$114$76.4$37.7$29.4$27.2$2.21
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$104$72.4$31.9$27.4$25.5$1.86
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$102$72.2$30.3$25.0$23.6$1.32
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$105$70.8$34.1$26.3$23.1$3.17
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$102$69.9$32.0$25.0$22.8$2.23
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$98.6$71.4$27.2$23.5$21.5$1.97
2015Detailed filing. Detailed filing data is available for this year.$95.3$71.3$24.1$22.2$22.5$0.28
2014Detailed filing. Detailed filing data is available for this year.$94.4$71.1$23.3$21.8$20.7$1.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.9$69.5$22.4$19.9
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$91.9$71.2$20.8$19.0
2011Summary only. Only limited summary data is available for this year.$90.5$71.3$19.2$20.2$18.8$1.35