TY 2023 Form 990

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(1) JAMES ARP...................................................................... CEO & PRESIDENT (THROUGH JAN 2024)	45.00 .................		X			341,050	41,354
(2) KIMBERLY SCOTT...................................................................... CFO & INTERIM CEO	50.00 .................		X			230,161	35,742
(3) RALF BRABANDT...................................................................... CHIEF OPERATING OFFICER	50.00 .................			X		208,818	31,938
(4) KEVIN HABERMAN...................................................................... DIRECTOR OF ENVIRONMENTAL SERVICES	50.00 .................			X		188,883	24,975
(5) ANDREW KING...................................................................... DIRECTOR OF INFORMATION TECHNOLOGY	45.00 .................				X	158,236	16,556
(6) COLETTE REES CHIEF...................................................................... MARKETING & COMMUNICATIONS OFFICER	50.00 .................				X	166,890	16,925
(7) ALISON DIVINE-BEPPLER...................................................................... DIRECTOR OF PEOPLE & CULTURE	50.00 .................				X	147,473	8,652
(8) SUSAN FOY...................................................................... MISSION INTEGRATION DIRECTOR	50.00 .................				X	119,777	30,017
(9) ELIZABETH MOORE...................................................................... HEALTH SERVICES ADMINISTRATOR	50.00 .................				X	140,078	7,008
(10) CRAIG KELLY...................................................................... CHAIR	4.00 .................	X	X			0	0
(11) JEFF GUDMAN...................................................................... VICE CHAIR	2.00 .................	X	X			0	0
(12) BECKY GRAHAM...................................................................... TREASURER	2.00 .................	X	X			0	0
(13) SR LYNDA THOMPSON...................................................................... SECRETARY	2.00 .................	X	X			0	0
(14) JANE ATKINSON...................................................................... DIRECTOR	2.00 .................	X				0	0
(15) RONALD BASILE...................................................................... DIRECTOR	2.00 .................	X				0	0
(16) DICK CLARK...................................................................... DIRECTOR	2.00 .................	X				0	0
(17) CHRIS CUNNINGHAM...................................................................... RESIDENT REPRESENTATIVE	2.00 .................	X				0	0

(A) Name and business address	(B) Description of services	(C) Compensation
EXPRESS SERVICES PO BOX 844277 LOS ANGELES,CA90084	AGENCY SERVICES	2,160,998
ACTRIV HEALTHCARE INC 3650 S CEDAR STREET TACOMA,WA98409	AGENCY SERVICES	1,238,035
STORM LANDSCAPING PO BOX 230235 PORTLAND,OR97281	LANDSCAPING SERVICES	647,808
EXECUTIVE SECURITY SERVICES PO BOX 272 WEST LINN,OR97068	SECURITY SERVICES	406,104
THE FLOOR STORE 5628 SE WOODSTOCK BLVD PORTLAND,OR97222	FLOORING SERVICES	374,690
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization 14

- TIN:

SCHEDULE A
(Form 990)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
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Attach to Form 990 or Form 990-EZ.
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Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

MARY'S WOODS AT MARYLHURST INC

Employer identification number

91-1833480

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions.

The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)

A church, convention of churches, or association of churches described in section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990).)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 33 1/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 33 1/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. See section 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box on lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.

Cat. No. 11285F

Schedule A (Form 990) 2023

Page 2

Part II

Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf ....
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) ..
6	Public support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..
11	Total support. Add lines 7 through 10

Gross receipts from related activities, etc. (see instructions) ..................

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here ........................................ right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2023 (line 6, column (f) divided by line 11, column (f)) .........

Public support percentage for 2022 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2023. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2022. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2023. If the organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

10%-facts-and-circumstances test—2022. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported organization ............ right arrow

Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow

Schedule A (Form 990) 2023

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .	416,516	4,218,220	256,379	314,935	805,857	6,011,907
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose	33,808,585	35,734,042	35,793,545	42,064,859	45,381,327	192,782,358
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5	34,225,101	39,952,262	36,049,924	42,379,794	46,187,184	198,794,265
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons						0
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.						0
c	Add lines 7a and 7b..						0
8	Public support. (Subtract line 7c from line 6.)						198,794,265

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2019	(b) 2020	(c) 2021	(d) 2022	(e) 2023	(f) Total
9	Amounts from line 6...	34,225,101	39,952,262	36,049,924	42,379,794	46,187,184	198,794,265
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..	1,552,401	1,375,565	1,748,361	1,459,845	2,077,537	8,213,709
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.	1,552,401	1,375,565	1,748,361	1,459,845	2,077,537	8,213,709
11	Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on.			18,858			18,858
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) ..	944,690	814,840	493,151	604,150	734,304	3,591,135
13	Total support. (Add lines 9, 10c, 11, and 12.)..	36,722,192	42,142,667	38,310,294	44,443,789	48,999,025	210,617,967

First 5 years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here................................................. right arrow

Section C. Computation of Public Support Percentage

Public support percentage for 2023 (line 8, column (f) divided by line 13, column (f)) .........

94.390 %

Public support percentage from 2022 Schedule A, Part III, line 15 ...............

94.210 %

Section D. Computation of Investment Income Percentage

Investment income percentage for 2023 (line 10c, column (f) divided by line 13, column (f)) ......

3.900 %

Investment income percentage from 2022 Schedule A, Part III, line 17 .............

3.830 %

19a

33 1/3% support tests-2023. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3 % support tests—2022. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ..... right arrow

Private foundation. If the organization did not check a box on line 14, 19a, or 19b, check this box and see instructions .... right arrow

Schedule A (Form 990) 2023

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked box 12a, of Part I, complete Sections A and B. If you checked box 12b, of Part I, complete Sections A and C. If you checked box 12c, of Part I, complete Sections A, D, and E. If you checked box12d, of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.

Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer lines 3b and 3c below.

Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.

Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked box 12a or 12b in Part I, answer lines 4b and 4c below.

Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.

Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.

Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer lines 5b and 5c below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).

Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described on line 7? If “Yes,” complete Part I of Schedule L (Form 990).

Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons, as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.

Did one or more disqualified persons (as defined on line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined on line 9a) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).

10b

Schedule A (Form 990) 2023

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

A person who directly or indirectly controls, either alone or together with persons described on lines 11b and 11c below, the governing body of a supported organization?

11a

A family member of a person described on 11a above?

11b

A 35% controlled entity of a person described on line 11a or 11b above? If “Yes” to 11a, 11b, or 11c, provide detail in Part VI.

11c

Section B. Type I Supporting Organizations

Yes

Did the officers, directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.

Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.

Section C. Type II Supporting Organizations

Yes

Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).

By reason of the relationship described in line 2 above, did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer lines 2a and 2b below.

Yes

Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.

Did the activities described on line 2a, above constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.

Parent of Supported Organizations. Answer lines 3a and 3b below.

Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations?If "Yes" or "No", provide details in Part VI.

Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.

Schedule A (Form 990) 2023

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.

	Section A - Adjusted Net Income		(A) Prior Year	(B) Current Year (optional)
1	Net short-term capital gain	1
2	Recoveries of prior-year distributions	2
3	Other gross income (see instructions)	3
4	Add lines 1 through 3	4
5	Depreciation and depletion	5
6	Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions)	6
7	Other expenses (see instructions)	7
8	Adjusted Net Income (subtract lines 5, 6 and 7 from line 4)	8

	Section B - Minimum Asset Amount		(A) Prior Year	(B) Current Year (optional)
1	Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year):	1
a	Average monthly value of securities	1a
b	Average monthly cash balances	1b
c	Fair market value of other non-exempt-use assets	1c
d	Total (add lines 1a, 1b, and 1c)	1d
e	Discount claimed for blockage or other factors (explain in detail in Part VI):
2	Acquisition indebtedness applicable to non-exempt use assets	2
3	Subtract line 2 from line 1d	3
4	Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions).	4
5	Net value of non-exempt-use assets (subtract line 4 from line 3)	5
6	Multiply line 5 by 0.035	6
7	Recoveries of prior-year distributions	7
8	Minimum Asset Amount (add line 7 to line 6)	8

	Section C - Distributable Amount		Current Year
1	Adjusted net income for prior year (from Section A, line 8, Column A)	1
2	Enter 85% of line 1	2
3	Minimum asset amount for prior year (from Section B, line 8, Column A)	3
4	Enter greater of line 2 or line 3	4
5	Income tax imposed in prior year	5
6	Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions)	6

Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)

Schedule A (Form 990) 2023

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

Section D - Distributions		Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes	1
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity	2
3 Administrative expenses paid to accomplish exempt purposes of supported organizations	3
4 Amounts paid to acquire exempt-use assets	4
5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI)	5
6 Other distributions (describe in Part VI). See instructions	6
7Total annual distributions. Add lines 1 through 6.	7
8 Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions	8
9 Distributable amount for 2023 from Section C, line 6	9
10 Line 8 amount divided by Line 9 amount	10

Section E - Distribution Allocations (see instructions)		(i) Excess Distributions	(ii) Underdistributions Pre-2023	(iii) Distributable Amount for 2023
1 Distributable amount for 2023 from Section C, line 6
2 Underdistributions, if any, for years prior to 2023 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2023:
a From 2018.......
b From 2019.......
c From 2020.......
d From 2021.......
e From 2022.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2023 distributable amount
i Carryover from 2018 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from line 3f.
4Distributions for 2023 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2023 distributable amount
c Remainder. Subtract lines 4a and 4b from line 4.
5 Remaining underdistributions for years prior to 2023, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2023. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2024. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2019.....
b Excess from 2020.....
c Excess from 2021.....
d Excess from 2022.....
e Excess from 2023.....

Schedule A (Form 990) (2023)

Schedule A (Form 990) 2023

Page 8

Part VI

Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Return Reference	Explanation
SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:	FOOD SERVICE REVENUE OTHER REVENUE SALE OF INVENTORY

Schedule A (Form 990) 2023

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Name of the organization

MARY'S WOODS AT MARYLHURST INC

Employer identification number

91-1833480

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Arrow Bullet

Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990) (2023)

Schedule B (Form 990) (2023) Page 2

Name of organization MARY'S WOODS AT MARYLHURST INC

Part I Contributors	Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
RESTRICTED	,	$ RESTRICTED	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 3

Name of organization MARY'S WOODS AT MARYLHURST INC		Employer identification number 91-1833480

Part II	Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (See instructions)	(d) Date received
		$
Schedule B (Form 990) (2023)

Schedule B (Form 990) (2023)

Page 4


Name of organization MARY'S WOODS AT MARYLHURST INC			Employer identification number 91-1833480
Part III Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a)
No. from Part I

(b) Purpose of gift

(d) Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990) (2023)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
right arrow

Attach to Form 990.
right arrow

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2022

Open to Public Inspection

Name of the organization

MARY'S WOODS AT MARYLHURST INC

Employer identification number

91-1833480

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........
2	Aggregate value of contributions to (during year)
3	Aggregate value of grants from (during year)
4	Aggregate value at end of year ........

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................

Yes No

Part II

Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or education) Preservation of an historically important land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements ......................	2a
b	Total acreage restricted by conservation easements ....................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after July 25, 2006, and not on a historic structure listed in the National Register ...	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year right arrow

Number of states where property subject to conservation easement is located right arrow

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............

Yes No

Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
right arrow

Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................

Yes No

In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB ASC 958, not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under FASB ASC 958, to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:

(i)

Revenue included on Form 990, Part VIII, line 1 ......................... right arrow

(ii)

Assets included in Form 990, Part X ............................... right arrow

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... right arrow

Assets included in Form 990, Part X ............................... right arrow

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 52283D

Schedule D (Form 990) 2022

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No


b	If "Yes," explain the arrangement in Part XIII and complete the following table:		Amount
c	Beginning balance .............................	1c
d	Additions during the year ............................	1d
e	Distributions during the year ..........................	1e
f	Ending balance ................................	1f

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....

Part V

Endowment Funds.
Complete if the organization answered "Yes" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....
b	Contributions ...
c	Net investment earnings, gains, and losses
d	Grants or scholarships ...
e	Other expenditures for facilities and programs ...
f	Administrative expenses ....
g	End of year balance ......

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment right arrow

Permanent endowment right arrow

Term endowment right arrow

The percentages on lines 2a, 2b, and 2c should equal 100%.

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIII the intended uses of the organization's endowment funds.

Part VI

Land, Buildings, and Equipment.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11a. See Form 990, Part X, line 10.

Description of property		(a) Cost or other basis (investment)	(b) Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value

1a	Land .....	64,909,958		64,909,958
b	Buildings ....	241,190,741	65,513,158	175,677,583
c	Leasehold improvements
d	Equipment ....	33,945,690	22,830,737	11,114,953
e	Other .....	396,764	304,377	92,387
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				251,794,881

Schedule D (Form 990) 2022

Page 3

Part VII

Investments - Other Securities.
Complete if the organization answered "Yes" on Form 990, Part IV, line 11b. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b) Book value	(c) Method of valuation: Cost or end-of-year market value
(1) Financial derivatives.........
(2) Closely-held equity interests........
(3)Other
(A)
(B)
(C)
(D)
(E)
(F)
(G)
(H)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)

Part VIII

Investments - Program Related. Complete if the organization answered 'Yes' on Form 990, Part IV, line 11c. See Form 990, Part X, line 13.

(a) Description of investment	(b) Book value	(c) Method of valuation: Cost or end-of-year market value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(1)
(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes
OPERATING LEASE LIABILITY	69,129,560
DEPOSITS	1,502,870







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	70,632,430
2. Liability for uncertain tax positions. In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII

Schedule D (Form 990) 2022

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total revenue, gains, and other support per audited financial statements .......			1	41,982,081
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains (losses) on investments ....	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIII.) ...........	2d	74,334
e	Add lines 2a through 2d .....................			2e	74,334
3	Subtract line 2e from line 1..................			3	41,907,747
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a	79,489
b	Other (Describe in Part XIII.) ...........	4b	7,956,093
c	Add lines 4a and 4b....................			4c	8,035,582
5	Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ......			5	49,943,329

Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' on Form 990, Part IV, line 12a.
1	Total expenses and losses per audited financial statements ...........			1	41,478,090
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities .........	2a
b	Prior year adjustments ............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIII.) ...........	2d
e	Add lines 2a through 2d....................			2e	0
3	Subtract line 2e from line 1...................			3	41,478,090
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a	79,489
b	Other (Describe in Part XIII.) ...........	4b	16,528,233
c	Add lines 4a and 4b.....................			4c	16,607,722
5	Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ......			5	58,085,812

Part XIII

Supplemental Information

Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b; Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.

Return Reference	Explanation
PART IV, LINE 2B:	ENTRANCE FEES PAID BY A RESIDENT UPON ENTERING INTO A RESIDENCY AGREEMENT ARE RECORDED AS REFUNDABLE ENTRANCE FEES OR DEFERRED REVENUE. MARY'S WOODS OFFERS THREE TYPES OF PLANS: PLAN 1, PLAN 2, AND PLAN 3. UNDER PLAN 1, UPON TERMINATION OF THE RESIDENCY AGREEMENT DUE TO CANCELLATION, DEATH, OR OTHER REASON, AN AMOUNT NOT LESS THAN 80% OF THE ORIGINAL ENTRANCE FEE OR CURRENT ENTRANCE FEE, WHICHEVER IS LOWER, WOULD BE REFUNDED TO THE RESIDENT ONLY AT THE TIME OF REOCCUPANCY OF THE VACATED UNIT OR A LIKE UNIT. UNDER PLAN 2, UPON TERMINATION OF THE RESIDENCY AGREEMENT DUE TO CANCELLATION, DEATH, OR OTHER REASON, AN AMOUNT NOT LESS THAN 50% OF THE ORIGINAL ENTRANCE FEE OR CURRENT ENTRANCE FEE, WHICHEVER IS LOWER, WOULD BE REFUNDED TO THE RESIDENT ONLY AT THE TIME OF REOCCUPANCY OF THE VACATED UNIT OR A LIKE UNIT. THE ENTRANCE FEE FOR PLAN 2 AMORTIZES 2% PER MONTH FOR 20 MONTHS FROM THE DATE OF OCCUPANCY PLUS AN IMMEDIATE 10% UPON MOVE-IN, BUT IN NO EVENT WILL THE ENTRANCE FEE REFUND AMORTIZE BELOW 50% OF THE ENTRANCE FEE. UNDER PLAN 3, THE AMOUNT OF ENTRANCE FEES THAT ARE REFUNDABLE IS PRORATED BASED ON LENGTH OF STAY OF THE RESIDENT, AND AFTER A CERTAIN LENGTH OF STAY, NO REFUND IS PROVIDED. THE ENTRANCE FEE FOR PLAN 3 AMORTIZES 2% PER MONTH FOR 45 MONTHS FROM THE DATE OF OCCUPANCY PLUS AN IMMEDIATE 10% UPON MOVE-IN, UNTIL THE ENTRANCE FEE IS FULLY AMORTIZED. UNDER ALL TYPES OF PLANS, ANY REFUND DUE IS SUBJECT TO REDUCTION FOR ANY UNPAID FEES OR CHARGES INCURRED BY A RESIDENT AND IS PAID FROM THE PROCEEDS OF THE NEW ENTRANCE FEE. IN ADDITION TO THE REFUNDABLE ENTRANCE FEES DESCRIBED ABOVE, THE ORGANIZATION HOLDS WAIT-LIST DEPOSITS FOR INDIVIDUALS PLANNING TO MOVE INTO OUR FACILITIES. DEPOSITS MAY BE EITHER 10% OF THE ENTRANCE FEE OR $2,000. IF AN INDIVIDUAL MAKES A $2,000 DEPOSIT AND THEN REMOVES THEMSELVES FROM THE WAIT LIST, 70% OF THE AMOUNT IS REFUNDED TO THEM. IF AN INDIVIDUAL MAKES A 10% DEPOSIT AND THEN REMOVES THEMSELVES FROM THE WAIT LIST, THEIR ENTIRE DEPOSIT IS REFUNDED TO THEM.
PART X, LINE 2:	THE INTERNAL REVENUE SERVICE (IRS) HAS RECOGNIZED MARY'S WOODS AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE IRC, EXCEPT TO THE EXTENT OF UNRELATED BUSINESS INCOME TAX UNDER IRC SECTIONS 511-515. NO INCOME TAX IS RECORDED. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MARY'S WOODS' MANAGMENT TO EVALUATE TAX POSITIONS TAKEN BY MARY'S WOOD AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF MARY'S WOODS HAS TAKEN AN UNCERTAIN POSITION THAT MORE-LIKELY-THAN-NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. MANAGMENT HAS ANALYZED TAX POSITIONS TAKEN BY MARY'S WOODS AND HAS CONCLUDED THAT AS OF THE JUNE 30, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MARY'S WOODS IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	NET ASSETS RELEASED FROM RESTRICTIONS 74,334.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	EARNED ENTRANCE FEES 4,397,116. INCOME ON INVESTMENTS 1,826,523. RETAIL CENTER 470,441. RESTRICTED CONTRIBUTIONS 805,857. INCOME FROM RESTRICTED INVESTMENTS 146,480. REALIZED GAINS ON INVESTMENTS 309,676.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	INTEREST AND AMORTIZATION 6,364,303. DEPRECIATION 8,804,523. AMORTIZATION OF GROUND LEASE 1,324,591. AMORTIZATION OF PREPAID GROUND LEASE 34,816.

Schedule D (Form 990) 2022

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
medium right arrow graphic

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
medium right arrow graphic

Attach to Form 990.
medium right arrow graphic

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

Name of the organization

MARY'S WOODS AT MARYLHURST INC

Employer identification number

91-1833480

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes on Line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain .....

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ....

Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? .............

Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........

Participate in, or receive payment from, an equity-based compensation arrangement? .........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ....................

Yes

Any related organization? .......................

If "Yes," on line 5a or 5b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ..................

Yes

Any related organization? ......................

If "Yes," on line 6a or 6b, describe in Part III.

For persons listed on Form 990, Part VII, Section A, line 1a, did the organization provide any nonfixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported on Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III ..........................

If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50053T

Schedule J (Form 990) 2023

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.

For each individual whose compensation must be reported on Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.

(A) Name and Title		(B) Breakdown of W-2, 1099-MISC compensation, and/or 1099-NEC			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation in column (B) reported as deferred on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1JAMES ARP CEO & PRESIDENT (THROUGH JAN 2024)	(i) (ii)	300,390 ------------- 0	40,660 ------------- 0	0 ------------- 0	16,934 ------------- 0	24,420 ------------- 0	382,404 ------------- 0	0 ------------- 0
2KIMBERLY SCOTT CFO & INTERIM CEO	(i) (ii)	228,661 ------------- 0	1,500 ------------- 0	0 ------------- 0	11,322 ------------- 0	24,420 ------------- 0	265,903 ------------- 0	0 ------------- 0
3RALF BRABANDT CHIEF OPERATING OFFICER	(i) (ii)	207,068 ------------- 0	1,750 ------------- 0	0 ------------- 0	10,446 ------------- 0	21,492 ------------- 0	240,756 ------------- 0	0 ------------- 0
4KEVIN HABERMAN DIRECTOR OF ENVIRONMENTAL SERVICES	(i) (ii)	187,383 ------------- 0	1,500 ------------- 0	0 ------------- 0	9,387 ------------- 0	15,588 ------------- 0	213,858 ------------- 0	0 ------------- 0
5ANDREW KING DIRECTOR OF INFORMATION TECHNOLOGY	(i) (ii)	156,736 ------------- 0	1,500 ------------- 0	0 ------------- 0	7,904 ------------- 0	8,652 ------------- 0	174,792 ------------- 0	0 ------------- 0
6COLETTE REES CHIEF MARKETING & COMMUNICATIONS OFFICER	(i) (ii)	165,390 ------------- 0	1,500 ------------- 0	0 ------------- 0	8,273 ------------- 0	8,652 ------------- 0	183,815 ------------- 0	0 ------------- 0
7ALISON DIVINE-BEPPLER DIRECTOR OF PEOPLE & CULTURE	(i) (ii)	145,873 ------------- 0	1,600 ------------- 0	0 ------------- 0	0 ------------- 0	8,652 ------------- 0	156,125 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2023

Page 3

Part III

Supplemental Information

Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II. Also complete this part for any additional information.

Return Reference	Explanation
PART I, LINE 5	THE CEO HAS AN INCENTIVE COMPENSATION PLAN, UNDER WHICH AN ANNUAL BONUS MAY BE GRANTED. FOR CALENDAR YEAR 2023, THE FACTORS USED TO DETERMINE THE CEO'S BONUS WERE TOTAL RESIDENT REVENUES, NET OPERATING MARGIN, OCCUPANCY RATES, RESIDENT SATISFACTION AND EMPLOYEE SATISFACTION.
PART I, LINE 6	SEE PART I, LINE 5.

Schedule J (Form 990) 2023

Additional Data

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- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
Attach to Form 990.
Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization
MARY'S WOODS AT MARYLHURST INC

Employer identification number
91-1833480

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	PUBLIC FINANCE AUTHORITY	27-3866124	74443UBC6	04-27-2017	179,254,153	CONSTRUCTION AND EQUIPMENT		X		X		X
B	HOSPITAL FACILITY AUTHORITY	93-0847114	179027YB7	05-03-2018	41,460,904	CONSTRUCTION AND EQUIPMENT		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	67,045,000		24,115,000
2 Amount of bonds legally defeased ..............
3 Total proceeds of issue ..................	179,254,153		41,460,904
4 Gross proceeds in reserve funds .............	7,901,490		1,119,863
5 Capitalized interest from proceeds .............	11,670,734		2,456,173
6 Proceeds in refunding escrows ...............	36,692,749
7 Issuance costs from proceeds ...............	3,582,579		594,488
8 Credit enhancement from proceeds .............
9 Working capital expenditures from proceeds .............
10 Capital expenditures from proceeds .............	101,836,060		37,290,380
11 Other spent proceeds .............	17,570,541
12 Other unspent proceeds .............
13 Year of substantial completion .............	2020		2020
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2020, a current refunding issue)? ........	X			X
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2020, an advance refunding issue)? ........		X		X
16 Has the final allocation of proceeds been made? ..........		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2023

Page 2

Part Ⅲ

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ...............		X		X
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?
c Are there any research agreements that may result in private business use of bond-financed property? .............		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........
6 Total of lines 4 and 5 .............
7 Does the bond issue meet the private security or payment test? ...		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...		X		X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......		X		X
b Exception to rebate? ........		X		X
c No rebate due? .........	X		X
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate computation was performed ......
3 Is the bond issue a variable rate issue? .....		X		X

Schedule K (Form 990) 2023

Page 3

Part Ⅳ

Arbitrage (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?		X		X
b Name of provider ..........
c Term of hedge .........
d Was the hedge superintegrated? ......
e Was the hedge terminated? ........
5a Were gross proceeds invested in a guaranteed investment contract (GIC)?		X		X
b Name of provider ..........
c Term of GIC .........
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? ........
6 Were any gross proceeds invested beyond an available temporary period?		X		X
7 Has the organization established written procedures to monitor the requirements of section 148? ...	X		X

Part Ⅴ

Procedures To Undertake Corrective Action

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?	X		X

Part Ⅵ

Supplemental Information. Provide additional information for responses to questions on Schedule K. (See instructions).

Return Reference	Explanation
DATE REBATE COMPUTATION PERFORMED	ISSUER NAME: PUBLIC FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/06/2023 ISSUER NAME: HOSPITAL FACILITY AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 06/11/2023

Schedule K (Form 990) 2023

Additional Data

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Software Version:

- TIN:

SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Name of the organization

MARY'S WOODS AT MARYLHURST INC

Employer identification number

91-1833480

Return Reference	Explanation
FORM 990, PART VI, SECTION A, LINE 1A	AS OF JUNE 2024, THE BOARD OF DIRECTORS HAS AN EXECUTIVE COMMITTEE CONSISTING OF THE OFFICERS OF THE BOARD, THE DIRECTOR WHO IS APPOINTED BY THE CANONICAL SUPERIOR OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY, AND ANY OTHER DIRECTORS APPOINTED BY THE BOARD. DURING THE INTERVALS BETWEEN MEETINGS OF THE BOARD, THE EXECUTIVE COMMITTEE POSSESSES AND MAY EXERCISE THE POWERS AND FUNCTIONS OF THE BOARD IN THE MANAGEMENT AND DIRECTION OF THE ORGANIZATION'S AFFAIRS IN ALL CASES IN WHICH SPECIFIC DIRECTION HAS NOT BEEN GIVEN BY THE BOARD. HOWEVER, THE EXECUTIVE COMMITTEE DOES NOT HAVE THE POWER TO (A) ADOPT, AMEND OR REPEAL THE ARTICLES OF INCORPORATION OR BYLAWS; (B) ELECT, APPOINT OR REMOVE ANY MEMBER OF THE BOARD OR ANY COMMITTEE; (C) ADOPT A PLAN OF MERGER OR A PLAN OF CONSOLIDATION; (D) AUTHORIZE THE SALE, LEASE, EXCHANGE OR MORTGAGE OF ALL OR SUBSTANTIALLY ALL OF THE ORGANIZATION'S PROPERTY AND ASSETS; (E) AUTHORIZE THE VOLUNTARY DISSOLUTION OF THE ORGANIZATION OR REVOKE THE PROCEEDINGS THEREFORE; (F) AUTHORIZE DISTRIBUTIONS; OR (G) AMEND, ALTER OR REPEAL ANY RESOLUTION FO THE BOARD.
FORM 990, PART VI, SECTION A, LINE 4	THE BYLAWS WERE AMENDED IN JUNE 2024 TO MAKE THE FOLLOWING CHANGES: (1) MODIFY THE COMPOSITION OF THE BOARD OF DIRECTORS TO INCLUDE (A) ONE DIRECTOR WHO IS NOT A RESIDENT OF THE MARY'S WOODS RESIDENTIAL COMMUNITY AND IS APPOINTED BY THE CANONICAL SUPERIOR OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY, (B) THREE DIRECTORS FROM THE MARY'S WOODS RESIDENTIAL COMMUNITY WHO ARE ELECTED BY THE RESIDENTS' COUNCIL, AND (C) ALL REMAINING DIRECTORS ELECTED BY THE BOARD OF DIRECTORS; (2) CHANGE THE TERMS OF DIRECTORS ELECTED BY THE RESIDENTS' COUNCIL FROM TWO YEARS TO THREE YEARS; (3) LIMIT AN INDIVIDUAL'S SERVICE ON THE BOARD OF DIRECTORS TO NO MORE THAN EIGHT CONSECUTIVE YEARS; AND (4) DESIGNATE THE EXECUTIVE COMMITTEE, FINANCE COMMITTEE, AUDIT COMMITTEE, AND GOVERNANCE COMMITTEE AS STANDING COMMITTEES OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 6	MARY'S WOODS WAS ORGANIZED TO CARRY OUT ACTIVITIES CONSISTENT WITH THE WISDOM OF ITS SPONSORING ORGANIZATION, U.S.-ONTARIO PROVINCE OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY (SNJM). THE ORGNANIZATION HAS TWO CLASSES OF MEMBERS: DESIGNATED AND APPOINTED. THE SOLE DESIGNATED MEMBER IS THE PERSON SERVING FROM TIME TO TIME AS THE PROVINCIAL SUPERIOR OF THE SNJM U.S.-ONTARIO PROVINCE. THE PROVINCIAL SUPERIOR NAMES AND MAY REMOVE THE APPOINTED MEMBERS, AT LEAST THREE OF WHOM ARE SISTERS OF THE SNJM U.S.-ONTARIO PROVINCE, AND MAY ALSO NAME INDIVIDUALS WHO ARE NOT SISTERS OF THE PROVINCE. THE DESIGNATED MEMBER MAY OR MAY NOT CHOOSE TO BE AN APPOINTED MEMBER.
FORM 990, PART VI, SECTION A, LINE 7A	THROUGH JUNE 2024, THE APPOINTED MEMBERS HAD THE AUTHORITY TO ELECT AND/OR REMOVE THE DIRECTORS TO THE BOARD OF DIRECTORS. AS OF JUNE 2024, ONE DIRECTOR IS APPOINTED BY THE CANONICAL SUPERIOR OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY, THREE DIRECTORS ARE ELECTED BY THE RESIDENTS' COUNCIL, AND ALL REMAINING DIRECTORS ARE ELECTED BY THE BOARD OF DIRECTORS;
FORM 990, PART VI, SECTION A, LINE 7B	THE APPOINTED MEMBERS HAVE THE AUTHORITY TO APPROVE OR DISSAPROVE AN ACTION OF THE BOARD OF DIRECTORS AND THEREBY MAKE A FINAL BINDING DECISION FOR THE ORGANIZATION WITH REGARD TO THE FOLLOWING MATTERS: 1) ELECTION OF THE DIRECTORS TO THE BOARD OF DIRECTORS; 2) REMOVAL OF DIRECTORS FROM THE BOARD OF DIRECTORS: 3) THE MISSION, PHILOSOPHY AND GOALS OF THE ORGANIZATION; 4) THE USE OR OPERATION OF ANY REAL PROPERTY OWNED BY THE ORGANIZATION; 5) THE ACQUISITION, ENCUMBRANCE, CONVEYANCE, RETENTION OR DISPOSAL OF ANY REAL PROPERTY OR ANY PART OF THE REAL PROPERTY OWNED BY THE ORGANIZATION; 6) THE SELECTION AND REMOVAL OF THE ORGANIZATION'S PRESIDENT/CEO AND DIRECTOR OF MISSION INTEGRATION AND THE SELECTION AND TERMINATION OF ITS MANAGEMENT FIRM; 7) ANNUAL CAPITAL AND OPERATING BUDGETS AT MARY'S WOODS; 8) ANY CONTRACTS AFFECTING EITHER THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY U.S.-ONTARIO PROVINCE ORGANIZATION OR THE SOCIETY OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY OREGON CORPORATION AND MARY'S WOODS AT MARYLHURST, INC.; 9) ANY BUSINESS AFFAIRS OR CONTRACTS AFFECTING BOTH THE U.S.-ONTARIO PROVINCE OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY AND MARY'S WOODS AT MARYLHURST, INC.; 10) THE MERGER OR DISSOLUTION OF THE ORGANIZATION; 11) THE AMENDMENT OF THE ORGANIZATION'S ARTICLES OF INCORPORATION AND BYLAWS; 12) THE FORMATION OF ANY SUBSIDIARY CORPORATIONS OR THE FORMATION OF, OR PARTICIPATION IN, ANY JOINT VENTURE, PARTNERSHIP, OR OTHER LEGAL ENTITY; 13) THE BORROWING OF MONEY BY THE ORGANIZATION OVER $5,000,000; AND 14) THE DECISION TO CONSTRUCT CAPITAL IMPROVEMENTS IN EXCESS OF $5,000,000.
FORM 990, PART VI, SECTION B, LINE 11B	A COPY OF THE FORM 990 WAS PROVIDED TO THE CEO AND CFO WHO REVIEWED THE FORM, SCHEDULES AND RELATED ATTACHMENTS. ANY COMMENTS OR QUESTIONS WERE ADDRESSED WITH THE PREPARER, AFTER WHICH THE FORM 990 WAS REVIEWED IN DETAIL BY THE AUDIT COMMITTEE. AFTER THE COMMITTEE'S REVIEW, A DRAFT WAS PRESENTED TO THE BOARD OF DIRECTORS FOR THEIR REVIEW. ONCE MANAGEMENT WAS SATISFIED WITH THE 990, THE CFO SIGNED THE FORM 8879-TE AUTHORIZING THE PREPARER TO E-FILE THE RETURN.
FORM 990, PART VI, SECTION B, LINE 12C	MARY'S WOODS ANNUALLY DISTRIBUTES A COPY OF ITS CONFLICTS OF INTEREST POLICY TO THE OFFICERS, DIRECTORS AND KEY EMPLOYEES TO REVIEW, DISCLOSE ANY POTENTIAL CONFLICTS, AND SIGN. THIS PROCESS IS MONITORED BY THE CEO AND THE BOARD CHAIR TO ENSURE IT IS COMPLETED BY ALL PARTIES AND IS PROPERLY REVIEWED.
FORM 990, PART VI, SECTION B, LINE 15A	MARY'S WOODS REGULARLY SEEKS COMPARABLE SALARY AND WAGE INFORMATION FOR ALL EMPLOYEES UTILIZING A COMPENSATION CONSULTANT AND STUDIES FOR COMPARABLE POSITIONS. THE CEO'S COMPENSATION IS REVIEWED BY THE EXECUTIVE COMMITTEE. THE CFO'S COMPENSATION IS REVIEWED BY THE CEO.
FORM 990, PART VI, SECTION C, LINE 19	MARY'S WOODS MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART IX, LINE 11G	OTHER FEES: PROGRAM SERVICE EXPENSES 6,190,609. MANAGEMENT AND GENERAL EXPENSES 501,818. FUNDRAISING EXPENSES 5,022. TOTAL EXPENSES 6,697,449.
FORM 990, PART XI, LINE 9:	CHANGE IN CHARITABLE GIFT ANNUITY -3,078.
FORM 990, PART XII, LINE 2C:	THE RESPONSIBILITY FOR SELECTING THE FINANCIAL STATEMENT AUDITOR AND FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT DID NOT CHANGE DURING THE FISCAL YEAR.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990) 2023

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: TO PROVIDE SENIOR HOUSING THROUGH A LIFE PLAN COMMUNITY WITH A RANGE OF LIVING OPTIONS THAT INCLUDE: INDEPENDENT LIVING, ASSISTED LIVING, MEMORY SUPPORT, AND RESIDENTIAL CARE.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	19
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	19
5	Total number of individuals employed in calendar year 2023 (Part V, line 2a) ......	5	572
6	Total number of volunteers (estimate if necessary) .............	6	35
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	668,458
b	Net unrelated business taxable income from Form 990-T, Part I, line 11 .........	7b	0

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	314,935	805,857
9	Program service revenue (Part VIII, line 2g) .........	42,064,859	45,381,327
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	1,353,180	2,362,168
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	932,733	1,393,977
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	44,665,707	49,943,329
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	131,509	3,250
14	Benefits paid to or for members (Part IX, column (A), line 4).....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	21,433,953	23,080,277
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	0	0
b	Total fundraising expenses (Part IX, column (D), line 25) 463,505
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	32,578,261	35,002,285
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	54,143,723	58,085,812
19	Revenue less expenses. Subtract line 18 from line 12.......	-9,478,016	-8,142,483
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	319,477,576	329,859,443
21	Total liabilities (Part X, line 26).............	405,298,864	420,529,087
22	Net assets or fund balances. Subtract line 21 from line 20.....	-85,821,288	-90,669,644

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 52,483,738 including grants of $ 3,250 ) (Revenue $ 45,381,327 )
	MARY'S WOODS IS A CONTINUING CARE RETIREMENT COMMUNITY (ALSO KNOWN AS A LIFE PLAN COMMUNITY) LOCATED IN THE PORTLAND METROPOLITAN AREA THAT PROVIDES A CONTINUUM OF HOUSING, HEALTH AND EDUCATIONAL SERVICES TO THOSE 62 YEARS OF AGE AND OLDER. SERVICES PROVIDED TO ITS RESIDENT POPULATION INCLUDE INDEPENDENT AND SUPPORTED HOUSING, HEALTH CARE SUPPORT, WELLNESS PROGRAMMING, EDUCATIONAL, SOCIAL AND CULTURAL ACTIVITIES, AND SPIRITUAL CARE. THE RESIDENT POPULATION IS APPROXIMATELY 740 INDIVIDUALS, WITH THE VAST MAJORITY LIVING INDIVIDUALLY IN 481 APARTMENTS AND VILLAS. AS PART OF ITS CONTINUING CARE COMMITMENT, MARY'S WOODS ALSO SUPPORTS TWO HEALTH CARE CENTERS THAT CAN HOUSE APPROXIMATELY 160 RESIDENTS IN ASSISTED LIVING, RESIDENTIAL CARE, AND MEMORY CARE PROGRAMS. (SEE SCHEDULE O)DURING THE FISCAL YEAR ENDED JUNE 30, 2024, MARY'S WOODS PROVIDED 44,783 DAYS OF RESIDENT SERVICES TO AGING ADULTS.MARY'S WOODS ALSO OFFERS SERVICES AND ACTIVITIES TO NON-RESIDENTS LIVING IN THE SURROUNDING COMMUNITY INCLUDING MUSICAL CONCERTS, TALKS, ART DISPLAYS, AND TRANSPORTATION VIA A SHUTTLE SERVICE ON SATURDAYS. BACKGROUND AND MISSION:MARY'S WOODS IS A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) ESTABLISHED IN 1997 AND OPENED IN 2001 AS A MINISTRY OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY. MARY'S WOODS IS AN EXTENSION OF THE HERITAGE OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY, WHICH IS TO PROVIDE A CONTINUUM OF HOUSING, HEALTH AND EDUCATIONAL SERVICES TO ENSURE THE FULL DEVELOPMENT OF EVERY INDIVIDUAL AT EVERY STAGE OF LIFE.MARY'S WOODS AT MARYLHURST IS A CARING COMMUNITY INSPIRED BY THE VISION AND VALUES OF THE SISTERS OF THE HOLY NAMES OF JESUS AND MARY, PROVIDING A CONTINUUM OF HOUSING, HEALTH AND EDUCATIONAL SERVICES. MARY'S WOODS RESPONDS TO THE GOSPEL'S VISION OF FULL DEVELOPMENT FOR EVERY INDIVIDUAL AT EACH LIFE STAGE. MARY'S WOODS SEEKS TO ENSURE THE DIGNITY, INDEPENDENCE, WELL-BEING AND SECURITY OF OLDER PERSONS THROUGH THE PROVISION OF A RANGE OF SERVICES AND EDUCATIONAL OPTIONS. AN ARRAY OF SERVICES ENRICHES THE PHYSICAL, EMOTIONAL AND SPIRITUAL WELL-BEING OF EACH RESIDENT, EMPLOYEE AND ALL OTHERS AFFILIATED WITH OUR COMMUNITY. SPONSORED BY THE SISTERS OF THE HOLY NAMES AND ROOTED IN CATHOLIC ETHICAL VALUES, MARY'S WOODS IS CHARACTERIZED BY A COMMITMENT TO: AN ENVIRONMENT OF BEAUTY, A CELEBRATION OF LIFE, HOSPITALITY AND COMPASSION, REVERENCE AND INTEGRITY, A SPIRIT OF SERVICE AND THE EXPLORATION OF THE JOURNEY OF AGING. MARY'S WOODS LIVES OUT ITS CORE VALUES OF RESPECT, COMPASSION, EXCELLENCE, STEWARDSHIP AND JUSTICE IN A SPIRIT OF SERVICE BY BEING A WELCOMING, CARING AND GENEROUS COMMUNITY. AS A MISSION-DRIVEN NOT-FOR-PROFIT ORGANIZATION, MARY'S WOODS HAS THE PRIVILEGE OF ENHANCING THE LIVES OF BOTH THOSE WHO LIVE AND WORK ON THE CAMPUS AND THOSE RESIDING IN THE BROADER COMMUNITY.MARY'S WOODS EXPANDED ITS FUNDRAISING SERVICES TO CONTINUE TO CARRY OUT THE ORGANIZATION'S MISSION. MARY'S WOODS ACCEPTS CHARITABLE CONTRIBUTIONS FOR FIVE FUNDS: (1) RESIDENT ASSISTANCE, (2) EMPLOYEE EDUCATION, (3) INNOVATION, (4) CAPITAL PROJECTS AND IMPROVEMENTS AND (5) GREATEST NEED. THESE FUNDS HELP US SERVE OUR MISSION. FOR EXAMPLE, THE RESIDENT ASSISTANCE FUND HELPS RESIDENTS WHO, THROUGH NO FAULT OF THEIR OWN, FACE DIFFICULTIES MEETING THEIR BASIC MONTHLY COSTS. IN THESE INSTANCES, THE FUND SERVES AS A SAFETY NET. KNOWING THE RESIDENT ASSISTSANCE FUND IS THERE TO HELP WHEN NEEDED PROVIDES THE COMMUNITY WITH A PROFOUND SENSE OF SECURITY.

4b	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4c	(Code: ) (Expenses $ including grants of $ ) (Revenue $ )












4d	Other program services (Describe in Schedule O.)
	(Expenses $ including grants of $ ) (Revenue $ )
4e	Total program service expenses52,483,738

(A) Name and title	(B) Average hours per week (list any hours for related organizations below dotted line)	(C) Position (do not check more than one box, unless person is both an officer and a director/trustee)	(D) Reportable compensation from the organization (W-2/1099-MISC/1099-NEC)	(E) Reportable compensation from related organizations (W-2/1099-MISC/1099-NEC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and title
(18) SR CAROL HIGGINS........................................................................ APPOINTED DIRECTOR	2.00 .......................	X	0	0	0
(19) GAIL M HOUCK PHD RN........................................................................ DIRECTOR	2.00 .......................	X	0	0	0
(20) KENT IKEDA........................................................................ DIRECTOR	2.00 .......................	X	0	0	0
(21) RUTH JOHANSON........................................................................ DIRECTOR	2.00 .......................	X	0	0	0
(22) WALT KNAPP........................................................................ RESIDENT REPRESENTATIVE	2.00 .......................	X	0	0	0
(23) COLLEEN MARILLEY LYMAN BSN RN........................................................................ DIRECTOR	2.00 .......................	X	0	0	0
(24) TOM MARKGRAF........................................................................ DIRECTOR	2.00 .......................	X	0	0	0
(25) VICKI NAKASHIMA........................................................................ DIRECTOR	2.00 .......................	X	0	0	0
(26) MARTY RINGLE........................................................................ DIRECTOR	2.00 .......................	X	0	0	0
(27) ROBERT BASTIAN WAGNER MD........................................................................ DIRECTOR	2.00 .......................	X	0	0	0
(28) ASHLEY WISE CPA MPACC........................................................................ DIRECTOR	2.00 .......................	X	0	0	0

1b	Sub-Total..............
c	Total from continuation sheets to Part VII, Section A..
d	Total (add lines 1b and 1c).........	1,701,366	0	213,167

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c
d	Related organizations		1d
e	Government grants (contributions)		1e

f	All other contributions, gifts, grants, and similar amounts not included above		1f	805,857

g	Noncash contributions included in lines 1a - 1f:$		1g	21,868

h Total. Add lines 1a-1f.......		805,857

		Business Code
2a	RESIDENT SERVICES	623000	40,984,211	40,984,211
b	EARNED ENTRANCE FEES	623000	4,397,116	4,397,116
c
d
e
f	All other program service revenue.
g	Total. Add lines 2a–2f .....		45,381,327

3 Investment income (including dividends, interest, and othersimilar amounts) ......			2,052,492			2,052,492
4 Income from investment of tax-exempt bond proceeds
5 Royalties...........
			(i) Real	(ii) Personal
6a	Gross rents	6a	25,045
b	Less: rental expenses	6b	0
c	Rental income or (loss)	6c	25,045
d	Net rental income or (loss).......			25,045			25,045
			(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	7a	12,153,703
b	Less: cost or other basis and sales expenses	7b	11,844,027
c	Gain or (loss)	7c	309,676
d	Net gain or (loss).........			309,676			309,676
8a	Gross income from fundraising events (not including $ of contributions reported on line 1c). See Part IV, line 18 ....
			8a
b	Less: direct expenses ...		8b
c	Net income or (loss) from fundraising events..
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a
b	Less: direct expenses ...		9b
c	Net income or (loss) from gaming activities..
10a	Gross sales of inventory, less returns and allowances ..
			10a	47,205
b	Less: cost of goods sold ..		10b	33,830
c	Net income or (loss) from sales of inventory..			13,375			13,375

Business Code
11a	OTHER REVENUE		900099	973,467		668,458	305,009
b	FOOD SERVICE REVENUE		722320	382,090			382,090
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			1,355,557
12	Total revenue. See instructions.....			49,943,329	45,381,327	668,458	3,087,687

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	3,250	3,250
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............
4	Benefits paid to or for members .......
5	Compensation of current officers, directors, trustees, and key employees ...........	1,346,086	429,445	916,641
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........
7	Other salaries and wages........	17,440,250	15,126,865	1,958,975	354,410
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	373,415	338,255	27,233	7,927
9	Other employee benefits .......	2,103,670	1,815,373	247,244	41,053
10	Payroll taxes ...........	1,816,856	1,513,441	268,895	34,520
11	Fees for services (non-employees):
a	Management ......
b	Legal .........	166,850		166,850
c	Accounting ...........	94,964		94,964
d	Lobbying ...........
e	Professional fundraising services. See Part IV, line 17
f	Investment management fees ......	79,489		79,489
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	6,697,449	6,190,609	501,818	5,022
12	Advertising and promotion ....	795		795
13	Office expenses .......	575,518	226,938	345,910	2,670
14	Information technology ......
15	Royalties ..
16	Occupancy ...........	7,132,083	7,092,344	37,867	1,872
17	Travel ............	79,029	78,741		288
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .
19	Conferences, conventions, and meetings ....	137,901	41,498	87,285	9,118
20	Interest ...........	6,348,553	6,310,087	36,654	1,812
21	Payments to affiliates .......
22	Depreciation, depletion, and amortization ..	8,839,340	8,785,782	51,035	2,523
23	Insurance ...	1,137,507	1,130,615	6,567	325
24	Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a	FOOD SERVICES	2,570,378	2,569,890	488
b	REPAIRS & MAINTENANCE	356,953	356,953
c	MISCELLANEOUS	350,827	230,888	119,833	106
d	MEDICAL SUPPLIES	206,227	206,227
e	All other expenses	228,422	36,537	190,026	1,859
25	Total functional expenses. Add lines 1 through 24e	58,085,812	52,483,738	5,138,569	463,505
26	Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........				1
2	Savings and temporary cash investments .........			2,726,613	2	3,551,764
3	Pledges and grants receivable, net ......				3
4	Accounts receivable, net .............			759,012	4	2,268,497
5	Loans and other receivables from any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
					5
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
					6
7	Notes and loans receivable, net ...........				7
8	Inventories for sale or use ............			52,592	8	75,285
9	Prepaid expenses and deferred charges ......			369,640	9	362,759
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	340,443,153
b	Less: accumulated depreciation	10b	88,648,272	258,571,304	10c	251,794,881
11	Investments—publicly traded securities .			45,981,937	11	60,409,286
12	Investments—other securities. See Part IV, line 11 .....			431,559	12	396,085
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets ...............				14
15	Other assets. See Part IV, line 11 ...........			10,584,919	15	11,000,886
16	Total assets. Add lines 1 through 15 (must equal line 33)...			319,477,576	16	329,859,443

17	Accounts payable and accrued expenses .....	3,404,732	17	3,620,382
18	Grants payable ...		18
19	Deferred revenue .........	34,690,676	19	35,992,140
20	Tax-exempt bond liabilities .........	126,338,968	20	125,972,902
21	Escrow or custodial account liability. Complete Part IV of Schedule D	171,033,633	21	184,311,233
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
			22
23	Secured mortgages and notes payable to unrelated third parties ..		23
24	Unsecured notes and loans payable to unrelated third parties ..		24
25	Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17 - 24). Complete Part X of Schedule D	69,830,855	25	70,632,430
26	Total liabilities. Add lines 17 through 25..	405,298,864	26	420,529,087

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........	-89,131,209	27	-95,087,323
28	Net assets with donor restrictions ...........	3,309,921	28	4,417,679
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	-85,821,288	32	-90,669,644
33	Total liabilities and net assets/fund balances ........	319,477,576	33	329,859,443