Form 990 for tax year 2022
Filed by THE OUTLOOK AT WINDHAVEN FOREFRONT LIVING.
Totals
- Total revenue
- $168,465
- Total expenses
- $2,593,833
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $168,465
- Other revenue
- $0
- Total assets, end of year
- $205,537,147
- Total liabilities, end of year
- $209,790,178
- Net assets or fund balances, end of year
- -$4,253,031
- Program services expenses (Part IX)
- $2,593,833
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,593,833
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
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.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $168,465 · excluded $168,465
Functional expenses
Part IX, the statement of functional expenses.
-
11g · Fees: other
total $1,608,534 · program services $1,608,534
-
20 · Interest
total $10,208 · program services $10,208
-
22 · Depreciation, depletion and amortization
total $973,354 · program services $973,354
-
24a · Other expenses: RIGHT OF USE LEASE AMOR
total $1,737 · program services $1,737
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $74,505 · end of year $420,305
-
2 · Savings and temporary cash investments
beginning of year $7,725,670 · end of year $153,887,930
-
9 · Prepaid expenses and deferred charges
beginning of year $77,056 · end of year $45,652
-
10a · Land, buildings and equipment: cost or other basis
$13,744,922
-
10b · Land, buildings and equipment: accumulated depreciation
$207,058
-
10c · Land, buildings and equipment, net
beginning of year $13,542,154 · end of year $13,537,864
-
15 · Other assets
beginning of year $7,271,759 · end of year $37,645,396
-
17 · Accounts payable and accrued expenses
beginning of year $2,407,685 · end of year $6,892,173
-
20 · Tax-exempt bond liabilities
beginning of year $21,161,183 · end of year $193,930,778
-
25 · Other liabilities
beginning of year $5,705,642 · end of year $8,967,227
-
27 · Net assets without donor restrictions
beginning of year -$583,366 · end of year -$4,253,031
Mission and programs · 2022
Mission
THE OUTLOOK AT WINDHAVEN FOREFRONT LIVING, AS A MEMBER OF THE FOREFRONT LIVING FAMILY OF NON-PROFIT ORGANIZATIONS, PLEDGES TO MAKE EACH MOMENT MATTER FOR THOSE IT SERVES.
-
THE OUTLOOK AT WINDHAVEN FOREFRONT LIVING, WAS ESTABLISHED TO DEVELOP, OWN, AND OPERATE A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) IN PLANO, TEXAS. THE FACILITY IS CURRENTLY IN DEVELOPMENT.
Expenses $2,593,833
As filed on the 2022 return.
Listed in Part VII
-
Timothy MalladTIMOTHY MALLAD
CHIEF EXECUTIVE OFFICER
- Total calculated
- $631,200
- From this org
- $0
- From related orgs
- $564,008
- Other
- $67,192
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $384,261 related
- Bonus
- $0 + $176,715 related
- Other
- $0 + $3,032 related
- Deferred
- $0 + $28,618 related
- Nontaxable benefits
- $0 + $38,574 related
- Filer's total
- $0 + $631,200 related
-
Steven AileySTEVEN AILEY
CHIEF FINANCIAL OFFICER
- Total calculated
- $390,652
- From this org
- $0
- From related orgs
- $338,749
- Other
- $51,903
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $234,195 related
- Bonus
- $0 + $98,018 related
- Other
- $0 + $6,536 related
- Deferred
- $0 + $15,730 related
- Nontaxable benefits
- $0 + $36,173 related
- Filer's total
- $0 + $390,652 related
-
Scott PolzinSCOTT POLZIN
CHIEF OPERATING OFFICER
- Total calculated
- $340,138
- From this org
- $0
- From related orgs
- $322,593
- Other
- $17,545
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $224,469 related
- Bonus
- $0 + $91,401 related
- Other
- $0 + $6,723 related
- Deferred
- $0 + $17,545 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $340,138 related
-
Christopher SongerCHRISTOPHER SONGER
DIRECTOR OF PROJECT DEVELO
- Total calculated
- $191,789
- From this org
- $0
- From related orgs
- $173,300
- Other
- $18,489
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $169,759 related
- Bonus
- $0 + $2,250 related
- Other
- $0 + $1,291 related
- Deferred
- $0 + $4,456 related
- Nontaxable benefits
- $0 + $14,033 related
- Filer's total
- $0 + $191,789 related
-
Kim HardenKIM HARDEN
ASSOCIATE EXECUTIVE DIRECTOR
- Total calculated
- $180,526
- From this org
- $0
- From related orgs
- $166,966
- Other
- $13,560
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $155,254 related
- Bonus
- $0 + $11,712 related
- Other
- $0
- Deferred
- $0 + $2,184 related
- Nontaxable benefits
- $0 + $11,376 related
- Filer's total
- $0 + $180,526 related
-
Adriana MauboussinADRIANA MAUBOUSSIN
COMMUNITY LIAISON
- Total calculated
- $189,786
- From this org
- $0
- From related orgs
- $165,901
- Other
- $23,885
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $116,801 related
- Bonus
- $0 + $49,100 related
- Other
- $0
- Deferred
- $0 + $2,429 related
- Nontaxable benefits
- $0 + $21,456 related
- Filer's total
- $0 + $189,786 related
-
Monika PearceMONIKA PEARCE
RESIDENTIAL SALES COUNSELOR
- Total calculated
- $184,041
- From this org
- $0
- From related orgs
- $161,142
- Other
- $22,899
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $69,192 related
- Bonus
- $0 + $91,950 related
- Other
- $0
- Deferred
- $0 + $4,167 related
- Nontaxable benefits
- $0 + $18,732 related
- Filer's total
- $0 + $184,041 related
-
Barbara MatamorosBARBARA MATAMOROS
CORPORATE DIRECTOR OF SALES AND MARKETING
- Total calculated
- $180,846
- From this org
- $0
- From related orgs
- $160,844
- Other
- $20,002
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $0 + $157,825 related
- Bonus
- $0 + $500 related
- Other
- $0 + $2,519 related
- Deferred
- $0 + $4,200 related
- Nontaxable benefits
- $0 + $15,802 related
- Filer's total
- $0 + $180,846 related
-
Cornelius Neil FooteCORNELIUS NEIL FOOTE
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
William W DavisWILLIAM W DAVIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
David AshworthDAVID ASHWORTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Rebecca Gruchella MDREBECCA GRUCHELLA MD
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Kevin JacksonKEVIN JACKSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Brad NitschkeBRAD NITSCHKE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Philip WentworthPHILIP WENTWORTH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 3 related
-
Laura WrightLAURA WRIGHT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1 + 3 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
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- FOREFRONT LIVING HAS A COMPENSATION COMMITTEE THAT REVIEWS THE CURRENT COMPENSATION WITH AN OUTSIDE CONSULTANT WHICH INCLUDES COMPARISONS TO LIKE ENTITIES AND SALARY SURVEYS. THE COMPENSATION COMMITTEE RECOMMENDS CHANGES TO THE BOARD.
- PART I, LINE 4B
- FOREFRONT LIVING MAINTAINS A 457(F) NONQUALIFIED DEFERRED COMPENSATION RETIREMENT PLAN. DURING 2022 TIM MALLAD CONTRIBUTED $14,460, STEVE AILEY CONTRIBUTED $9,033, AND SCOTT POLZIN CONTRIBUTED $8,399, RESPECTIVELY.
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.
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501(C)(3) · HOSPICE SERVICES · TX
Directly controlled by FOREFRONT LIVING
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501(C)(3) · SHARED SERVICES MANAGEMENT · TX
-
PRESBYTERIAN VILLAGE NORTH FOREFRONT LIVING
501(C)(3) · CCRC · TX
Directly controlled by FOREFRONT LIVING
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FOREFRONT LIVING FOUNDATION
501(C)(3) · FOUNDATION FOR AFFILIATES · TX
Directly controlled by FOREFRONT LIVING
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FAITH PRESBYTERIAN PROVIDERS INC
501(C)(3) · HOSPICE SERVICES · TX
Directly controlled by FOREFRONT LIVING
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501(C)(3) · FUTURE EXPANSION · TX
Directly controlled by FOREFRONT LIVING
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313189349314951
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