Sequoia Living
Sequoia Living reported $119.2 million in revenue and $121.0 million in expenses for calendar year 2024. Of every $100 it spent, $89.49 went to program services, $9.97 to management and general costs and $0.54 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 86.1% of the total. The highest compensation it reported for one person was $645,315 (PRESIDENT & CEO). 116 people received more than $100,000 in reportable compensation. Revenue rose 22% between 2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $121MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $119MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.5% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.0% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.5% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.10 | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 5.5% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.3% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 86.1% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $645,315 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.53% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 116 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 21.3 | 6.9 |
| Independent voting board members Part VI 1a–1b | 12 of 12 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseContinuing care retirement communities:Sequoia Living, inc. Provides apartments, meals, laundry, housekeeping, social and cultural activities, and medical care for around 908 residents. Nearly all occupants have executed life care residence and care agreements that give them access to assisted living, dementia care, and skilled nursing if needed as they age and become frailer. A major problem for the elderly is isolation and depression caused by economic, social, and physical barriers to participation in activities and civic life. Continuing care communities remove these barriers and…
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Officer, 33.00 hrs/week | $608,060 | $0 | $37,255 | $645,315 |
| CHIEF FINANCIAL OFFICER Officer, 33.00 hrs/week | $399,417 | $0 | $43,792 | $443,209 |
| CHIEF BUSINESS DEVELOPMENT OFFICER Key employee, 30.00 hrs/week | $372,640 | $0 | $48,359 | $420,999 |
| CHIEF HR OFFICER & CCO, SECRETARY Officer, 33.00 hrs/week | $309,267 | $0 | $43,294 | $352,561 |
| EXECUTIVE DIRECTOR, TAMALPAIS Key employee, 40.00 hrs/week | $292,996 | $0 | $39,445 | $332,441 |
| EXECUTIVE DIRECTOR, PORTOLA VALLEY Key employee, 40.00 hrs/week | $284,022 | $0 | $39,061 | $323,083 |
| EXECUTIVE DIRECTOR, SSF Key employee, 40.00 hrs/week | $277,323 | $0 | $38,789 | $316,112 |
| VP FINANCE/CONTROLLER Key employee, 40.00 hrs/week | $253,214 | $0 | $48,105 | $301,319 |
116 people received more than $100,000 in reportable compensation from Sequoia Living (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.1M (Part IX, line 5).
5 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b12 · 12 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5481
- Volunteers Part I, line 6159
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| C J REED CONSTRUCTION Construction | $3,782,841 |
| SIEMENS INDUSTRY INC Technology | $2,265,072 |
| HYAXIOM INC Green energy | $1,222,555 |
| WOODSIDE & PORTOLA PRIVATE PATROL Security services | $1,062,936 |
Individuals listed as contractors are left out. 74 contractors were paid more than $100,000 in all.
Private foundation grants it received
6 private foundations reported grants to Sequoia Living totaling $36,357 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Sequoia Living's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sequoia Living, you can publish a response that is linked from this page.
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Of every $100 Sequoia Living spent in 2024, $89.49 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Young Men's Christian Association of Greater BostonBoston, MA · revenue $119M · programs 90.8% · 2025
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- Good Shepherd ServicesNew York, NY · revenue $120M · programs 82.3% · FY2025
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All human services charities · Largest charities in California
Questions people ask
How much of Sequoia Living's spending goes to programs?
In calendar year 2024, Sequoia Living reported that 89.5% of its $121.0 million in expenses went to program services, 10.0% to management and general and 0.5% to fundraising (Form 990, Part IX).
How much does Sequoia Living pay its top executive?
The largest total compensation Sequoia Living reported for one person in calendar year 2024 was $645,315, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Sequoia Living get its money?
Of $119.2 million in revenue in calendar year 2024, 5.5% came from contributions and grants (including 0.3% from government grants) and 86.1% from program service revenue (Form 990, Part VIII).
Is Sequoia Living a registered charity?
The IRS lists EIN 94-1437728 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513099349303106 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433189349308323 · read the filing
- 2022: Form 990 for calendar year 2022, object 202342999349302274 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203199349311085 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133199349320288 · read the filing
All filings for EIN 94-1437728: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.