Totals
- Total revenue
- $0
- Total expenses
- $0
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $5,228,778
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $5,228,778
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- not reported
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Balance sheet
Part X, book values.
-
10a · Land, buildings and equipment: cost or other basis
$5,228,778
-
10c · Land, buildings and equipment, net
beginning of year $5,228,778 · end of year $5,228,778
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $5,228,778 · end of year $5,228,778
Mission and programs · 2023
Mission
THE PURPOSE OF HOLDINGS IS TO HOLD TITLE TO PROPERTY IN ACCORDANCE WITH SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE INCOME, LESS EXPENSES TO ANY TAX-EXEMPT 501(C)(3) ENTITY WITHIN THE MEANING OF SECTION 501(C)(2).
Activities or mission (Part I)
HOLD TITLE TO CERTAIN PROPERTIES FOR LA POSADA COMMUNITIES, AN ARIZONA NONPROFIT CORPORATION, RECOGNIZED AS A PUBLIC CHARITY UNDER IRC SECTION 501(C)(3), AND LA POSADA AT PARK CENTRE INC., AN ARIZONA NONPROFIT CORPORATION, RECOGNIZED AS A PUBLIC CHARITY UNDER IRC SECTION 501(C)(3).
-
TO HOLD TITLE TO PROPERTY FOR LA POSADA COMMUNITIES.
As filed on the 2023 return.
Listed in Part VII
-
Will BennettWILL BENNETT
BOARD TRUSTEE (UNTIL 2/1/23)
- Total calculated
- $0
- Hours/week
- 0.25 + 6 related
-
Elizabeth ErnstELIZABETH ERNST
SR VP/COO
- Total calculated
- $221,120
- From this org
- $0
- From related orgs
- $207,167
- Other
- $13,953
- Hours/week
- 0.25 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $197,092 related
- Bonus
- $0 + $10,075 related
- Other
- $0
- Deferred
- $0 + $1,471 related
- Nontaxable benefits
- $0 + $12,482 related
- Filer's total
- $0 + $221,120 related
-
Duane Blumberg PhDDUANE BLUMBERG PHD
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 6 related
-
Simon DavisSIMON DAVIS
CHAIR
- Total calculated
- $0
- Hours/week
- 0.25 + 6 related
-
Patty SmallsreedPATTY SMALLSREED
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 6 related
-
Richard DucoteRICHARD DUCOTE
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 6 related
-
Vic FresoloneVIC FRESOLONE
BOARD TRUSTEE (UNTIL 10/1/23)
- Total calculated
- $0
- Hours/week
- 0.25 + 6 related
-
Nancy PuckettNANCY PUCKETT
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 6 related
-
Joni ConditJONI CONDIT
CEO
- Total calculated
- $443,272
- From this org
- $0
- From related orgs
- $385,386
- Other
- $57,886
- Hours/week
- 0.25 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $346,674 related
- Bonus
- $0 + $38,712 related
- Other
- $0
- Deferred
- $0 + $31,384 related
- Nontaxable benefits
- $0 + $26,502 related
- Filer's total
- $0 + $443,272 related
-
John StephensJOHN STEPHENS
BOARD TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 6 related
-
Paul S IdePAUL S IDE
SR VP/CFO/CIO
- Total calculated
- $409,431
- From this org
- $0
- From related orgs
- $350,275
- Other
- $59,156
- Hours/week
- 0.25 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $303,434 related
- Bonus
- $0 + $46,841 related
- Other
- $0
- Deferred
- $0 + $31,345 related
- Nontaxable benefits
- $0 + $27,811 related
- Filer's total
- $0 + $409,431 related
-
Paul LoomansPAUL LOOMANS
SR VP STRATEGY & MARKETING
- Total calculated
- $219,621
- From this org
- $0
- From related orgs
- $184,567
- Other
- $35,054
- Hours/week
- 0.25 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $166,463 related
- Bonus
- $0 + $18,104 related
- Other
- $0
- Deferred
- $0 + $5,703 related
- Nontaxable benefits
- $0 + $29,351 related
- Filer's total
- $0 + $219,621 related
-
Christopher SimonCHRISTOPHER SIMON
SR VP/ CFO
- Total calculated
- $23,807
- From this org
- $0
- From related orgs
- $21,817
- Other
- $1,990
- Hours/week
- 0.25 + 40 related
-
John CoutureJOHN COUTURE
SR VP/COO
- Total calculated
- $45,000
- From this org
- $0
- From related orgs
- $45,000
- Other
- $0
- Hours/week
- 0.25 + 40 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
The filer's explanations (Part III)
- PART 1, LINE 3:
- ALL DIRECTORS ARE PAID BY LA POSADA AT PARK CENTRE (LA POSADA) ACCORDING TO THE GUIDELINES OF THE ORGANIZATION'S COMPENSATION PLAN. NONE OF THE COMPENSATION PAID BY LA POSADA IS DIRECTLY RELATED TO THE DUTIES PERFORMED AS DIRECTORS AND OFFICERS OF POSADA LIFE HOLDINGS. THE ORGANIZATION HAS ESTABLISHED AN UNFUNDED 457(B) DEFERRED COMPENSATION PLAN FOR THE ORGANIZATION'S SENIOR MANAGEMENT, WHICH IS BASED ON YEARS OF SERVICE AND A PROJECTED RETIREMENT DATE. BENEFITS ARE PAYABLE UPON TERMS AS STATED IN EACH INDIVIDUAL'S EMPLOYMENT CONTRACT. JONI CONDIT, SRVP & COO: $ 22,500 PAUL IDE, SRVP & CFO & CIO $ 22,500
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
LA POSADA COMMUNITIES FKA POSADA LIFE
501(C)(3) · SUPPORT - HOUSING & HEALTHCARE FOR SENIORS · AZ
-
501(C)(3) · SUPPORT - HOUSING & HEALTHCARE FOR SENIORS · AZ
-
501(C)(3) · SUPPORT - HOUSING & HEALTHCARE FOR SENIORS · AZ
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443209349317564
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.