Spanish Cove Housing Authority
11 Palm Avenue
Yukon OK 73099-5645
Tax Exempt Status Public Supported Charity
Organization Does Business As (DBA) Name(s)
Organization DBA
Spanish Cove Retirement Village
Mission Statement
The mission of Spanish Cove Housing Authority is to insure a variety of quality life care services for persons 62 and over that promotes an enjoyable, independent and secure lifestyle.  In support of our mission, Spanish Cove offers independent living cottages and apartments, assisted living two-room suites, and private or semi-private long-term care nursing rooms.
The Golden Dragons of Spanish Cove
Contact Information
Contact Name Kay Hunter
Contact email khunter@spanishcove.com
Address 11 Palm Avenue
Yukon, OK 73099 5645
Phone (405) 354-1901
Fax 405-354-6584
County Canadian County
How to Give
Donate with Credit Card https://www.occf.org
Other ways to donate, support or volunteer
If you would like to make a donation, please send a check to:  Spanish Cove Housing Authority, Attn:  Kay Hunter, 11 Palm, Yukon, OK 73099.
 
If you would like to contribute to our endowment, please send a check to Oklahoma City Community Foundation, P.O. Box 1146, Oklahoma City, OK 73101-1146. Please note Spanish Cove Housing Authority in the memo.
Financial Summary
 
 
Projected Revenue $12,135,964.00
Projected Expenses $12,343,487.00
History and Background
Former Names
NameYear
Retired Teachers Housing Authority1974
Supported Organization Spanish Cove Retirement Village
Year Founded 1974
IRS Ruling Year 1998
Statements
Mission
The mission of Spanish Cove Housing Authority is to insure a variety of quality life care services for persons 62 and over that promotes an enjoyable, independent and secure lifestyle.  In support of our mission, Spanish Cove offers independent living cottages and apartments, assisted living two-room suites, and private or semi-private long-term care nursing rooms.
Background Spanish Cove has been providing care to seniors since 1976.  Our vision is to be a caring, innovative and respected retirement community recognized as outstanding by residents, employees, the industry and the public.  We strive to be the standard by which other retirement communities are measured.
Impact
Spanish Cove offers a wide range of housing options for senior adults ranging from independent living cottages to long-term care nursing rooms.  Excellence in care along with services and activities to support the eight dimensions of wellness has earned Spanish Cove the reputation of being the "Best Retirement Community" in the Oklahoma City Metro.  More than 1,160 seniors have thrived at Spanish Cove since its foundation in 1974.  We participated in Oklahoma's Healthy Aging Summit in 2016 and continue working to prevent falls, increase physical activity, reduce depression, and improve nutrition among older adults to increase healthy life expectancy in Oklahoma. We have partnered with Oklahoma State University in a program to engage seniors in purposeful and creative group meetings to analyze current products and services to make them more useful for a senior population.
Needs
We need Scholarship Funds for our workforce to provide educational opportunities and ensure our staff is capable and trained to meet the needs of our growing geriatric population.
 
We need The Friendship Fund which assures those seniors with a LifeCare Contract that they will be taken care of for the remainder of their life should they outlive their assets through no fault of their own.
 
We need Capital Funds to provide reliable transportation for our senior community.
 
Capital Funds are also used for additional housing units for Independent Living, Assisted Living, and Long Term Care.    
Area Served
Area Served
Geographic Area Served
Yukon
Central Oklahoma
Oklahoma - Statewide
Central and Western Oklahoma
Service Categories
Secondary Organizational Category Housing, Shelter/Senior Citizens' Housing, Retirement Communities
Tertiary Organizational Category Community Improvement, Capacity Building/Community & Neighbourhood Development
Programs
Description To inspire senior adults to maintain a healthy lifestyle through excercise, nutrition, and social interactions.
Strategy
Population Served Aging, Elderly, Senior Citizens
Description N2O Innovators is a program in partnership with Oklahoma State University Department of Engineering and the University of Oklahoma.  Spanish Cove seeks to challenge stereotypical views of senior adults being disabled, demented, depressed, diseased and frail.  Spanish Cove views senior adults as capable, experienced, active, useful and brilliant human beings that have much to contribute to society and who continue to be world changers.  We are challenging seniors to find better paths to make their golden years the most purposeful and productive period of their life.  This is a seed program for the development of better products and services to assist seniors to "live longer better" and "finish well".
Strategy
Population Served Aging, Elderly, Senior Citizens
Program Short-term SuccessHelpDescription of short-term achievement(s) or improvement(s) that will result from this program. To engage seniors in purposeful and creative group meetings to analyze current products and make them more useful for a senior population. 
Program Long-term SuccessHelpDescription of the ultimate change(s) that will result from this program. This may be far into the future or represent an ideal state. To redesign current products and services to better assist seniors aging in place.
Program Success MonitoringHelpDescription of the tools used to measure or track program impact. Actual product modifications going to the marketplace.
Description Spanish Cove provides benevolent care to our Life Care residents through the Friendship Fund.  This fund provides financial assistance to residents who outlive their resources, through no fault of their own, and need assistance to remain in their home.
Strategy
Population Served Aging, Elderly, Senior Citizens
CEO/Executive Director
CEO/Executive Director Don Blose
Start Date June 2011
Email dblose@spanishcove.com
Experience

Don Blose, MA, NHA, is the Chief Executive Officer/Executive Administrator for Spanish Cove and has served in this position for 8 years. Prior to that, Mr. Blose served as a state public health officer with the Oklahoma State Department of Health for 26 years; the last 12 of which served as the state’s Immunization Director. Mr. Blose also currently serves on the Board of Directors for Oklahoma LeadingAge and the Nina Willingham Housing Authority.

Senior Staff
NameTitle
Don BloseChief Executive Officer and Executive Administrator
Jacki DunlapDirector of Nurses/Health Center
David GoodnightDirector of Maintenance
Jill HuffDirector of Marketing
Kay HunterDirector of Donor Development
Debbie MillerDirector of Wellness and Resident Relations
Cheryl O'NeillChief Operating Officer and Nursing Home Administrator
Eric PetersDirector of Culinary and Housekeeping Services
Elizabeth RitterChief Financial Officer
Jimmie WallDirector of Accounting
Debbie WesleyDirector of Nurses for Assisted Living and Home Health
Brent WoodworthDirector of Information Technology
Staff
Number of Full-time Staff 150
Number of Part-time Staff 25
Number of Contract Staff 0
Number of Volunteers 75
Staff Retention Rate 52
Are professional development opportunities provided? Yes
Does CEO/Executive Director have formal evaluations? Yes
Management reports to board? Yes
Staff Demographics - Ethnicity
African American/Black 10
Asian American/Pacific Islander 14
Caucasian 128
Hispanic/Latino 19
Native American/American Indian 4
Staff Demographics - Gender
Male 37
Female 138
Organizational Plans
Fundraising Plan Yes
Policy against commission-based compensation for fundraising consultant No
Communication Plan Yes
Strategic Plan Yes
Number of Years Strategic Plan Considers 5
Date Strategic Plan Adopted Feb 2016
Management Succession Plan Yes
Organization Policies and Procedures Yes
Collaborations
We have established collaborations with UCO Nursing Department, and we administer fitness testing for seniors annually.
We are establishing a program with seniors to work with the OSU-OKC Department of Engineering to redesign products and services to be more senior friendly while helping seniors age at home.
We are a clinical facility for training Canadian Valley Vo-Tech nursing students.
We have monthly Care Givers Support Group meetings with assistance from Sunbeam Family Services.
The Spanish Cove Dietary Department along with the Residents' Food Committee participate in the City of Yukon's Chocolate Festival and the Taste of Yukon annually.
Affiliations
AffiliationYear
LeadingAge Oklahoma formerly Oklahoma Association of Homes and Services for the Aging (OKAHSA)2019
LeadingAge Oklahoma formerly Oklahoma Association of Homes and Services for the Aging (OKAHSA)2018
LeadingAge Oklahoma formerly Oklahoma Association of Homes and Services for the Aging (OKAHSA)2017
LeadingAge Oklahoma formerly Oklahoma Association of Homes and Services for the Aging (OKAHSA)2016
External Assessments and Accreditations
Assessment/AccreditationYear
Centers for Medicare and Medicaid Services (U.S. Department of Health and Human Services) - Medicare Certification2018
Awards
Awards
Award/RecognitionOrganizationYear
Best Assisted Living, Best Senior FacilityReaders' Choice Award2019
Best Continuing Care FacilityReaders' Choice Award2018
Pinnacle Bronze AwardNuStep2016
Best Practice-Dragon Boat PaddlingLeading Age2014
Risk Management Provisions
Accident and Injury Coverage
Business Income
Commercial Auto
Commercial General Insurance
Commercial General Liability and D and O and Umbrella or Excess and Automobile and Professional
Workers Compensation and Employers' Liability
Government Licenses
Is your organization licensed by the government (federal, state and/or local)? Yes
Board Chair
Name Clarence Drumeller
Company Affiliation Retired - Spanish Cove Resident
Term June 2010 to May 2022
Email drumeller@me.com
Board of Directors
List Current as of Sept 12, 2019
Board of Directors List
NameAffiliationStatus
Clarence DrumellerRetired - Spanish Cove ResidentVoting
David GoodwinRCB BankVoting
Velta JohnstonRetired - Spanish Cove ResidentVoting
Scott MeachamCEO of i2E / (Innovation to Enterprise)Voting
Leslie SoulenVoting
Larry TaylorPrudential Alliance RealtyVoting
Donna YandaYanda Funeral HomeVoting
Board Demographics - Ethnicity
African American/Black 0
Asian American/Pacific Islander 0
Caucasian 7
Hispanic/Latino 0
Native American/American Indian 0
Board Demographics - Gender
Male 4
Female 3
Governance
Board Term Lengths 6 years
Percentage of Board Making Monetary Contributions to the Organization 71 %
Percentage of Board Making In-Kind Contributions to the Organization 100 %
Board Orientation Yes
Constituency Includes Client Representation Yes
Written Board Selection Criteria? Yes
Standing Committees
Finance
Strategic Planning / Strategic Direction
Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
Marketing
Building
Scholarship
Current Fiscal Year
Fiscal Year Sept 01, 2019-Aug 31, 2020
Current Year Budgeted Total Income $12,135,964
Current Year Budgeted Total Expenses $12,343,487
Financial Documents
IRS Letter of Determination
Prior Three Years' Financial History
Revenue and ExpensesHelpFinancial data for prior years is entered by foundation staff based on the documents submitted by nonprofit organizations.Foundation staff members enter this information to assure consistency in the presentation of financial data across all organizations.
Fiscal Year201820172016
Total Revenue$13,311,717$12,332,131$12,282,810
Total Expenses$12,688,903$12,139,868$11,791,457
Revenue Less Expenses$622,814$192,263$491,353
Revenue SourcesHelpThe financial analysis involves a comparison of the IRS Form 990 and the audit report (when available) and revenue sources may not sum to total based on reconciliation differences. Revenue from foundations and corporations may include individual contributions when not itemized separately.
Fiscal Year201820172016
Contributions$162,819$126,372$294,666
Foundation and
Corporation Contributions
------
Government Contributions$0$0$0
Federal------
State------
Local------
Unspecified------
Individual Contributions------
------
$13,038,829$12,138,457$11,951,759
Investment Income, Net of Losses$110,069$67,302$36,385
Unrealized Gain/Loss------
Membership Dues------
Special Events------
Revenue In-Kind------
Other------
Expense Allocation
Fiscal Year201820172016
Program Expense$8,104,945$8,058,481$7,978,872
Administration Expense$4,583,958$4,081,387$3,812,585
Fundraising Expense------
Payments to Affiliates------
Total Revenue/Total Expenses1.051.021.04
Program Expense/Total Expenses64%66%68%
Fundraising Expense/Contributed Revenue0%0%0%
Assets and Liabilities
Fiscal Year201820172016
Total Assets$30,432,223$21,118,147$20,931,411
Current Assets$5,288,974$2,899,456$3,299,086
Long-Term Liabilities$21,972,075$13,904,195$14,033,022
Current Liabilities$2,711,075$2,087,693$1,964,393
Total Net Assets$5,749,073$5,126,259$4,933,996
Solvency
Short Term Solvency
Fiscal Year201820172016
Current Ratio: Current Assets/Current Liabilities1.951.391.68
Long Term Solvency
Fiscal Year201820172016
Long-Term Liabilities/Total Assets72%66%67%
Funding Sources
Top Funding Sources
Fiscal Year201820172016
Top Funding Source & Dollar AmountEarned Revenue $13,038,829Earned Revenue $12,138,457Earned Revenue $11,951,759
Second Highest Funding Source & Dollar AmountContributions $162,819Contributions $126,372Contributions $294,666
Third Highest Funding Source & Dollar AmountInvestment Income $110,069Investment Income $67,302Investment Income $36,385
Endowment? Yes
Endowment Spending Policy Percentage
Endowment Spending Policy Percentage (if selected) 5 %
Credit Line? No
Reserve Fund? Yes
Capital Campaign
Currently in a Capital Campaign? Yes
Campaign Purpose To enhance the lives of seniors by improving programs & services that deliver a positive impact on their physical, mental & financial health.
Campaign Goal $755,000
Campaign Dates Feb 2019 to Feb 2020
Amount Raised To Date $26,855 as of Feb 2019
Capital Campaign Anticipated in Next Five Years? Yes
Comments on Financials
Foundation Staff Comments
This organization is tax exempt as of 2014.  Therefore, all prior year financial information is from the audited financials.
 
Contributions may include foundations and corporations when the breakout was not available.
 
The financial information presented is obtained from the following sources: IRS Form 990, independent audit reports, financial statements – board approved when available, and supplemental information from the organization. We do not warrant or guarantee the timeliness, errors or inaccuracies. With respect to information regarding financial performance, nothing on this website should be interpreted as a statement or interpretation by OCCF staff.
 
Organizations with a GiveSmartOKC profile are responsible for updating information annually within 45 days following the end of their fiscal year.
Address 11 Palm Avenue
Yukon, OK 73099 5645
Primary Phone 405 354-1901 Ext. 5116
Contact Email khunter@spanishcove.com
Give with Credit Card https://www.occf.org
CEO/Executive Director Don Blose
Board Chair Clarence Drumeller
Board Chair Company Affiliation Retired - Spanish Cove Resident