Totals
- Total revenue
- $17,055,169
- Total expenses
- $21,268,497
- Contributions and grants received
- $32,807
- Grants paid
- $0
- Program services expenses (Part IX)
- $18,784,744
- Management and general expenses
- $2,483,753
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $18,784,744
Program services were 88.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
JESSE JANTZEN
PRESIDENT & CEO
- Total calculated
- $1,302,737
- From this org
- $0
- From related orgs
- $1,201,697
- Other
- $101,040
- Hours/week
- 0.33 + 43.67 related
Schedule J breakdown matched by us
- Base
- $0 + $753,053 related
- Bonus
- $0 + $445,740 related
- Other
- $0 + $2,904 related
- Deferred
- $0 + $98,171 related
- Nontaxable benefits
- $0 + $2,869 related
- Filer's total
- $0 + $1,302,737 related
-
JOSEPH GORMAN
GENERAL COUNSEL
- Total calculated
- $547,040
- From this org
- $0
- From related orgs
- $504,000
- Other
- $43,040
- Hours/week
- 0.33 + 43.67 related
Schedule J breakdown matched by us
- Base
- $0 + $375,132 related
- Bonus
- $0 + $124,764 related
- Other
- $0 + $4,104 related
- Deferred
- $0 + $42,900 related
- Nontaxable benefits
- $0 + $140 related
- Filer's total
- $0 + $547,040 related
-
NICHOLAS HARSHFIELD
CHEIF FINANCIAL OFFICER
- Total calculated
- $721,949
- From this org
- $0
- From related orgs
- $679,873
- Other
- $42,076
- Hours/week
- 0.33 + 43.67 related
Schedule J breakdown matched by us
- Base
- $0 + $472,987 related
- Bonus
- $0 + $202,782 related
- Other
- $0 + $4,104 related
- Deferred
- $0 + $42,076 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $721,949 related
-
CARRIE JOHNSON
DIRECTOR OF SALES
- Total calculated
- $118,734
- From this org
- $118,734
- From related orgs
- $0
- Other
- $0
- Hours/week
- 42
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 — 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
- 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
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE COMPENSATION OF THE PRESIDENT & CEO IS DETERMINED BY LIFESPACE COMMUNITIES, INC., A RELATED ENTITY. THE FOLLOWING WERE USED BY LIFESPACE COMMUNITIES INC. TO DETERMINE COMPENSATION: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. FORM 990 OF OTHER ORGANIZATIONS 4. COMPENSATION SURVEY OR STUDY 5. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.
- PART I, LINE 5
- THE LONG-TERM INCENTIVE PLAN HAS A CONTINGENCY FOR THE CMW PORTFOLIO TO REACH 7% OF THE NET OPERATING MARGIN; THE SHORT-TERM INCENTIVE PLAN IS CONTINGENT ON NET CASH PRODUCTION GOALS, NET ENTRANCE FEE GOALS AND NET OPERATING MARGIN GOALS THAT ARE SET.
- PART I, LINE 6
- THE LONG-TERM INCENTIVE PLAN HAS A CONTINGENCY FOR THE CMW PORTFOLIO TO REACH 7% OF THE NET OPERATING MARGIN; THE SHORT-TERM INCENTIVE PLAN IS CONTINGENT ON NET CASH PRODUCTION GOALS, NET ENTRANCE FEE GOALS AND NET OPERATING MARGIN GOALS THAT ARE SET.
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.
-
501(C)(3) · OPERATION OF RETIREMENT COMMUNITIES · IA
Directly controlled by LIFESPACE INC
-
501(C)(3) · SUPPORT OF RETIREMENT COMMUNITIES · IA
Directly controlled by LIFESPACE INC
-
501(C)(3) · OWNERSHIP & ADMINISTRATION OF RETIREMENT COMMUNITIY PROPERTY · IA
-
TARRANT COUNTY SENIOR LIVING CENTER INC
501(C)(3) · OPERATION OF RETIREMENT COMMUNITIES · TX
Directly controlled by LIFESPACE INC
-
BARTON CREEK SENIOR LIVING CENTER INC
501(C)(3) · OPERATION OF RETIREMENT COMMUNITIES · TX
Directly controlled by LIFESPACE INC
-
501(C)(3) · OPERATION OF RETIREMENT COMMUNITIES · TX
Directly controlled by LIFESPACE INC
-
501(C)(3) · OPERATION OF RETIREMENT COMMUNITIES · TX
Directly controlled by LIFESPACE INC
-
FRIENDSHIP VILLAGE OF MILL CREEK NFP
501(C)(3) · OPERATION OF RETIREMENT COMMUNITIES · IL
Directly controlled by LIFESPACE INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543189349313589
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