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Nonprofiteer
← SANTAFE SENIOR LIVING INC

Form 990 for tax year 2024

Filed by SANTAFE SENIOR LIVING INC.

Totals

Total revenue
$3,091,246
Total expenses
$4,138,453
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$5,133,441
Investment income
-$2,042,195
Other revenue
$0
Total assets, end of year
$9,212,551
Total liabilities, end of year
$10,880,868
Net assets or fund balances, end of year
-$1,668,317
Program services expenses (Part IX)
$1,132
Management and general expenses
$4,137,321
Fundraising expenses
$0
Program service expenses (Part III)
$1,132

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BENJAMIN I DOERR JR

    TREASURER

    Total calculated
    $61,339
    From this org
    $0
    From related orgs
    $61,339
    Other
    $0
    Hours/week
    1 + 5 related

  • GLENDA E HOOD

    CHAIR

    Total calculated
    $74,039
    From this org
    $0
    From related orgs
    $74,039
    Other
    $0
    Hours/week
    1 + 5 related

  • JACKSON N SASSER PHD

    VICE CHAIR

    Total calculated
    $61,339
    From this org
    $0
    From related orgs
    $61,339
    Other
    $0
    Hours/week
    1 + 5 related

  • LAWRENCE G SCHREIBER

    Former President & CEO/Director

    Total calculated
    $6,649,928
    From this org
    $0
    From related orgs
    $6,619,112
    Other
    $30,816
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $518,262 related
    Bonus
    $0
    Other
    $0 + $6,100,850 related
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $17,016 related
    Filer's total
    $0 + $6,649,928 related

  • KEVIN R MADDRON

    DIRECTOR

    Total calculated
    $56,539
    From this org
    $0
    From related orgs
    $56,539
    Other
    $0
    Hours/week
    1 + 5 related

  • STEVEN ZIEGLER

    PRESDIENT & CLO

    Total calculated
    $1,800,349
    From this org
    $0
    From related orgs
    $1,752,513
    Other
    $47,836
    Hours/week
    1 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $425,856 related
    Bonus
    $0
    Other
    $0 + $1,326,657 related
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $34,036 related
    Filer's total
    $0 + $1,800,349 related

  • CHRISTINA L WHITE

    DIR., FINANCE & REP

    Total calculated
    $220,551
    From this org
    $217,551
    From related orgs
    $0
    Other
    $3,000
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,551
    Bonus
    $30,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $3,000
    Filer's total
    $220,551

  • KARL F GOEDERT

    CONTROLLER

    Total calculated
    $213,716
    From this org
    $202,336
    From related orgs
    $0
    Other
    $11,380
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $189,502
    Bonus
    $8,750
    Other
    $4,084
    Deferred
    $7,911
    Nontaxable benefits
    $3,469
    Filer's total
    $213,716

  • KIM Y KING

    DIR., COMPLIANCE & ASSURANCE

    Total calculated
    $143,041
    From this org
    $132,918
    From related orgs
    $0
    Other
    $10,123
    Hours/week
    40

  • KRISTIAN V FELICIANO

    DIRECTOR, HRBP

    Total calculated
    $145,435
    From this org
    $132,481
    From related orgs
    $0
    Other
    $12,954
    Hours/week
    40

  • LORETTA NEAL

    DIRECTOR, HR

    Total calculated
    $136,289
    From this org
    $130,567
    From related orgs
    $0
    Other
    $5,722
    Hours/week
    40

  • ZACHARY A RADKE

    IT DIRECTOR

    Total calculated
    $179,110
    From this org
    $165,849
    From related orgs
    $0
    Other
    $13,261
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $165,849
    Bonus
    $0
    Other
    $0
    Deferred
    $6,584
    Nontaxable benefits
    $6,677
    Filer's total
    $179,110

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

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 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)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
THE CHIEF EXECUTIVE OFFICER (CEO) OF SANTAFE SENIOR LIVING, INC. IS COMPENSATED BY SANTAFE HEALTHCARE, INC., A RELATED SUPPORTING ORGANIZATION. SANTAFE HEALTHCARE, INC. UTILIZES THE FOLLOWING PROCESS TO ESTABLISH THE CEO'S COMPENSATION AND BENEFITS: THE SANTAFE HEALTHCARE, INC. BOARD OF DIRECTORS ANNUALLY RETAINS AN INDEPENDENT THIRD-PARTY COMPENSATION AND BENEFITS CONSULTING FIRM (FIRM) TO CONDUCT A MARKET COMPETITIVENESS REVIEW OF THE CEO'S TOTAL DIRECT COMPENSATION (BASE SALARY, ANNUAL INCENTIVES, AND LONG-TERM INCENTIVES) AND BENEFITS. THE COMPETITIVE ANALYSIS INCLUDES COMPARISON TO SIMILAR POSITIONS IN COMPANIES OF SIMILAR SIZE WITHIN THE SAME OR SIMILAR INDUSTRY. THE FIRM MAKES RECOMMENDATIONS, IF ANY, DIRECTLY TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS ESTABLISHES THE FINAL COMPENSATION AND BENEFIT PACKAGE FOR THE CEO, TAKING INTO CONSIDERATION THE MARKET COMPETITIVENESS REVIEW AND FINAL RECOMMENDATION OF THE FIRM. THE FIRM PROVIDES AN OPINION LETTER REGARDING THE REASONABLENESS OF THE CEO'S FINAL COMPENSATION AND BENEFITS PACKAGE. THE ACTIONS OF THE BOARD ARE DOCUMENTED IN THE MINUTES OF THE BOARD MEETING.
Schedule J, Part I, Line 4a Severance or change-of-control payment
LISTED PERSONS ARE EMPLOYEES OF SANTAFE SENIOR LIVING, INC. OR RELATED ORGANIZATIONS AND ARE COVERED UNDER A SEVERANCE POLICY FOR THEIR RESPECTIVE ORGANIZATION. THE SEVERANCE POLICY INCLUDES MONTHLY PAYMENTS UP TO A MAXIMUM OF 12 - 36 MONTHS UNDER QUALIFYING CIRCUMSTANCES, DEPENDING ON POSITION. THE FOLLOWING PERSONS RECEIVED SEVERANCE OR CHANGE-OF-CONTROL PAYMENTS DURING THE 2024 CALENDAR YEAR: LAWRENCE SCHREIBER - $6,100,560 STEVEN ZIEGLER - $1,326,177
Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan
LISTED PERSONS PARTICIPATING IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN IN THE YEAR: LAWRENCE G SCHREIBER, PHILIP G BOWLING, STEVEN M ZIEGLER, AND RONALD E JENNETTE ARE EMPLOYEES OF SANTAFE HEALTHCARE, INC., A RELATED SUPPORTING ORGANIZATION. THEY PARTICIPATE IN TWO NONQUALIFIED DEFERRED COMPENSATION RETIREMENT PLANS SPONSORED BY SANTAFE HEALTHCARE, INC. FOR A CERTAIN GROUP OF EXECUTIVES. ONE PLAN RESTORES RETIREMENT BENEFITS EQUIVALENT TO QUALIFIED 401(K) BENEFITS ON INCOME EARNED IN EXCESS OF THE INTERNAL REVENUE SERVICE CODE SECTION 401(A)(17) RECOGNIZABLE PAY LIMITS (A DEFINED CONTRIBUTION RESTORATION PLAN). VESTING FOR THIS PLAN IS ACHIEVED AT AGE 55 AND 10 YEARS OF SERVICE OR AT AGE 65 AND 5 YEARS OF SERVICE. THE SECOND SUPPLEMENTAL DEFINED CONTRIBUTION PLAN PROVIDES ADDITIONAL RETIREMENT INCOME BASED ON A PERCENTAGE OF BASE SALARY AND VESTS AT THREE AND FIVE YEARS OF SERVICE.
Schedule J, Part II
CERTAIN SENIOR EXECUTIVES ARE ACCOUNTABLE FOR AND PERFORM SERVICES FOR SANTAFE HEALTHCARE, INC. AND EACH OF ITS AFFILIATES. SANTAFE HEALTHCARE, INC. AND AFFILIATES REPRESENT A DIVERSIFIED FAMILY OF NOT-FOR-PROFIT ORGANIZATIONS. THESE SENIOR EXECUTIVES ARE PAID DIRECTLY BY SANTAFE HEALTHCARE, INC. AND THEIR COMPENSATION AND BENEFITS ARE APPORTIONED AND CHARGED TO THE RESPECTIVE AFFILIATES BASED ON THE ESTIMATED AMOUNT OF TIME SPENT ON EACH AFFILIATE'S ACTIVITIES.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • SF HOLDING CORP INC

    C Corporation · HOLDING COMPANY · FL

    Directly controlled by NA

  • CHARITABLE REMAINDER UNITRUST

    Trust · CHARITABLE REMAINDER UNITRUST · FL

    Directly controlled by NA

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.1
Source object
202513179349302226

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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