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Sequoia Living Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 941437728 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

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Overview

What is Sequoia Living Inc?

Sequoia Living Inc, based in San Francisco, California, is a nonprofit organization dedicated to enhancing the lives of older adults by providing housing and essential services. They cater to approximately 984 residents, offering them apartments, meals, laundry, housekeeping, social activities, and medical care when needed. The organization removes economic, social, and physical barriers for seniors, enabling active engagement in activities and civic life. Sequoia Living Inc also facilitates smooth transitions when residents require higher levels of professional assistance. With a human resource and financial capacity, they provide organizational structure to cater to older individuals from diverse economic backgrounds and cultural backgrounds, offering physical, social, health, and spiritual care.


Official website here: www.sequoialiving.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)

Sequoia Living Inc has received an impressive Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. With a score of 96% in this category, the organization demonstrates robust financial oversight and transparency. Key strengths include a fully independent board, comprehensive financial audits, and adherence to various governance policies, which all contribute to a solid operational foundation.

The organization excels in program expense allocation, with an impressive 88.12% dedicated to its programs. This indicates a commitment to utilizing funds effectively to support its mission. Additionally, Sequoia Living Inc has a perfect score in culture and community, showcasing its dedication to collecting and utilizing feedback from stakeholders. This approach enhances its organizational practices and fosters a strong community connection.

While the organization's financial health appears stable, as indicated by a liabilities to assets ratio of 54.84%, there may be areas for improvement. Nevertheless, the overall assessment highlights Sequoia Living Inc's strong governance, financial integrity, and community-oriented practices, making it a well-regarded nonprofit in its field.


This AI summary has been generated from information found on Charity Navigator.

Is Sequoia Living Inc legitimate?

Sequoia Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sequoia Living Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $3,441,181
Professional Fundraising Fees: $0
Other Salaries and Wages: $33,883,339

For more financial information, click here


Official website here: www.sequoialiving.org

What is the mission statement of Sequoia Living Inc?

Sequoia Living Inc is committed to enhancing the lives of older adults by providing organizational structure and leadership. With its resources and capabilities, the organization caters to individuals from diverse economic backgrounds and cultural backgrounds. Sequoia Living Inc offers varied operations that focus on physical, social, health, and spiritual care, all aimed at meeting the needs and improving the quality of life for older persons. Through housing and programs, the organization strives to make a positive impact on the wellbeing of older adults.


Official website here: www.sequoialiving.org

Who is the CEO of Sequoia Living Inc?

Sara Mcvey is the President & Ceo of Sequoia Living Inc. The CEO's salary of Sequoia Living Inc is $624,833 and their total compensation is $659,370.


Official website here: www.sequoialiving.org

What is the revenue of Sequoia Living Inc?

Sequoia Living Inc's revenue in 2022 was $113,242,367.


Official website here: www.sequoialiving.org

Who are the executives of Sequoia Living Inc and what are their salaries?

The average compensation at Sequoia Living Inc during 2022 was $77,922. There are 479 employees and 227 volunteers at Sequoia Living Inc.


Here are 29 key members and their salaries (Sequoia Living Inc's CEO's salary is $624,833 and their total compensation is $659,370):


Michele Stratton (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dianne Spaulding (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Jamison (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Freeman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle S Geary (Board Member (Thru 7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Corriea (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marianne Lim (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Hiroko Mayeda (Board Member (Thru 7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Neal Mcnamara (Board Member (Thru 7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Lynn (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rex Jamison Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven H Herman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Val Agostino (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Mcvey (President & Ceo)
  • Compensation: $624,833
  • Related: $0
  • Other: $34,537
Martha Atwood (Chief Hr & Compliance Officer)
  • Compensation: $314,153
  • Related: $0
  • Other: $46,272
Charlie Shoemake (Chief Financial Officer)
  • Compensation: $403,845
  • Related: $0
  • Other: $39,272
David Latina (Chief Business Development Officer)
  • Compensation: $290,109
  • Related: $0
  • Other: $42,715
Glen Alan Goddard (Executive Director, Ssf)
  • Compensation: $271,853
  • Related: $0
  • Other: $24,316
Steve Hieger (Chief Information Systems Officer)
  • Compensation: $274,513
  • Related: $0
  • Other: $34,400
Mark Mizuhara (Vp Of Human Resources)
  • Compensation: $236,451
  • Related: $0
  • Other: $8,962
Elaine Liao (Controller)
  • Compensation: $252,984
  • Related: $0
  • Other: $40,875
Paul Friesen (Executive Director, Tmp)
  • Compensation: $303,201
  • Related: $0
  • Other: $23,678
Ray Boudewyn (Vp Of Facility Management)
  • Compensation: $208,833
  • Related: $0
  • Other: $31,940
Calvin Groeneweg (Vp Of Risk Mgmt & Clinical Services)
  • Compensation: $175,667
  • Related: $0
  • Other: $30,803
Terence Tumbale (Administrator, The Tamalpais)
  • Compensation: $181,948
  • Related: $0
  • Other: $39,489
Sourabh Sing (Lvn)
  • Compensation: $180,579
  • Related: $0
  • Other: $17,763
Zenaida Lorete (Director Of Sales - Pv)
  • Compensation: $177,191
  • Related: $0
  • Other: $6,876
Janine Timoteo (Rn)
  • Compensation: $177,147
  • Related: $0
  • Other: $17,658
Samir Patel (Director Of Business Development)
  • Compensation: $186,447
  • Related: $0
  • Other: $18,215


Official website here: www.sequoialiving.org

Where can I find the form 990 for Sequoia Living Inc?

Sequoia Living Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sequoialiving.org

Learn more at the official website: www.sequoialiving.org

Mission Statement of Sequoia Living Inc

Sequoia Living Inc, a renowned organization, is dedicated to enhancing the lives of older adults by providing both housing and comprehensive care services. With a mission to make a difference, Sequoia Living, Inc. aims to offer organizational structure and leadership to cater to the needs and improve the quality of life of older persons from various economic backgrounds and cultural backgrounds.

The nonprofit organization's mission extends beyond just offering a roof over the heads of older adults. Sequoia Living, Inc. strives to ensure that older individuals receive physical, social, health, and spiritual care through its diversified offerings. By doing so, it aims to create an environment where older persons can thrive and live their best lives, surrounded by a supportive community.

In pursuit of its mission, Sequoia Living, Inc. leverages its human resources and financial capabilities to provide essential services that cater to the holistic well-being of older adults. The organization's commitment to its cause is evident in its diverse range of operations that aim to meet the unique needs of older individuals. Through its housing and programs, Sequoia Living, Inc. offers older persons a sense of belonging, companionship, and care, ensuring they feel valued and respected in their golden years.

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Impact




October, 2024

Sequoia Living Inc significantly impacts the lives of older adults by providing essential services that enhance their quality of life. It operates continuing care retirement communities in San Francisco, offering a comprehensive range of housing options, meals, housekeeping, and medical care for approximately 984 residents.

By addressing critical challenges such as social isolation and the barriers to active engagement, Sequoia Living fosters a vibrant community where residents can participate in social and cultural activities. This engagement not only combats feelings of loneliness and depression but also promotes a healthier, more fulfilling lifestyle.

The organization facilitates seamless transitions for residents who may require increased levels of care as they age, offering assisted living, dementia care, and skilled nursing services, thereby mitigating anxiety during these significant changes. In situations where residents might struggle to afford care, Sequoia Living ensures that financial obstacles do not force individuals to leave the community, providing assistance through its foundation to support residents and their families.

Overall, Sequoia Living Inc plays a vital role in improving the well-being of older adults from diverse cultural and economic backgrounds, creating an inclusive environment that prioritizes health, social connectivity, and spiritual care.




This information is meant to be a general summary of Sequoia Living Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$113,242,367 (2022)
Expenses
$104,652,167 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,803,960
  • Program Service Revenue: $98,239,337
  • Gross Receipts: $132,757,720

Assets and Liabilities:

  • Total Assets: $422,410,239
  • Total Liabilities: $231,669,451
  • Net Assets: $190,740,788

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MONTHLY CARE FEES

Revenue

$60,176,919

FEES FOR SERVICE TO RESIDENTS

Revenue

$19,369,748

AMORTIZATION OF ENTRANCE FEES

Revenue

$18,692,670

Organization Details

Founding Year

1958

Principal Officer

Sara Mcvey

Main Address

1525 POST STREET, SAN FRANCISCO, CA, 94109

NTEE Category

Code: P750 - Human services

If you are a representative of Sequoia Living Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.