CRAIGSIDE RETIREMENT RESIDENCE
1434 PUNAHOU STREET, HONOLULU, HI 96822 arcadia.org

Total Revenue
$21,606,688
Total Expenses
$23,728,011
Net Assets
$-47,640,969

Organizations Filed Purposes: 15 CRAIGSIDE PROVIDES SENIOR LIVING EXCELLENCE IN A GRACIOUS, COMPASSIONATE AND DYNAMIC ENVIRONMENT. THE PRIMARY PURPOSE IS TO FURTHER THE HEALTH AND GENERAL WELFARE OF THE ELDERLY BY PROVIDING HOUSING, HEALTHCARE, AND FINANCIAL SECURITY WITH A SUPERIOR CONTINUUM OF ASSURED LIFETIME CARE TO MEET THE SPIRITUAL, PHYSICAL AND SOCIAL NEEDS OF EVERY RESIDENT.

MONTHLY SERVICE CHARGE - CRAIGSIDE PROVIDES ROOM, BOARD AND OTHER SERVICES FOR 190 RESIDENTS. THE AVERAGE MONTHLY FEE CHARGED TO EACH RESIDENT IS $4,054 IN 2019. CRAIGSIDE PAYS FOR ALL EXPENSES.ENTRANCE FEE AMORTIZATION - NEW RESIDENTS PAY FOR A LIFETIME INTEREST IN THEIR APARTMENT. REVENUE FOR AMORTIZATION OF ENTRANCE FEE IS RECOGNIZED OVER THE EXPECTED LIFE OF THE RESIDENT.

MEDICAL CENTER - CRAIGSIDE HAS A LICENSED SKILLED NURSING, INTERMEDIATE CARE AND SPECIAL CARE FACILITY WITH 41 NURSING FACILITY BEDS AVAILABLE FOR USE BY RESIDENTS. ALL 41 BEDS ARE MEDICARE CERTIFIED. THE AVERAGE CENSUS WAS 40 IN 2019 WITH A PER DIEM RATE OF $372 FOR SEMI-PRIVATE ROOMS FOR LONG-TERM RESIDENTS IN 2019.

ASSISTED LIVING SERVICES - PROGRAM TO PROVIDE HELP TO RESIDENTS WHO ARE NOT CLINICALLY RESTRICTED TO BEDS AND ARE NOT PHYSICALLY OR MENTALLY ABLE TO LIVE INDEPENDENTLY. RESIDENTS ENROLLED CAN HAVE AN INDEPENDENT LIFESTYLE WITH HELP PROVIDED BY CRAIGSIDE. THIS CAN INCLUDE SERVICES FROM MEDICATION MANAGEMENT TO ASSISTANCE WITH MANY OF THE ACTIVITIES OF DAILY LIVING. 56 RESIDENTS WERE ENROLLED IN THE PROGRAM AS OF DECEMBER 31, 2019.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Vivian LaiCFO15$0
Suzie SchulbergPRESIDENT & CEO15$0
Rev David RiversBOARD MEMBER0.5$0
Kent ReinkerBOARD MEMBER0.5$0
Laura ReichardtBOARD MEMBER0.5$0
Roberta JahrlingBOARD MEMBER1$0
Corlis ChangBOARD MEMBER0.5$0
Koren DreherTREASURER0.5$0
Marvin HallSECRETARY0.5$0
Martin ZornCHAIRMAN2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003219349320765_public.xml