Totals
- Total revenue
- -$162,479
- Total expenses
- $871,056
- Contributions and grants received
- $443,980
- Grants paid
- $759,358
- Program service revenue
- $0
- Investment income
- -$606,459
- Other revenue
- $0
- Total assets, end of year
- $21,901,876
- Total liabilities, end of year
- $75,335
- Net assets or fund balances, end of year
- $21,826,541
- Program services expenses (Part IX)
- $759,358
- Management and general expenses
- $111,698
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $759,358
Program services were 87.2% 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.
-
1f · All other contributions, gifts and grants
$443,980
-
7a · Gross sales of assets other than inventory
securities $14,935,593
-
7b · Less cost or other basis and sales expenses
securities $15,542,052
-
7c · Gain or loss
securities -$606,459
-
7d · Net gain or loss
total -$606,459 · excluded -$606,459
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $625,517 · program services $625,517
-
2 · Grants to domestic individuals
total $133,841 · program services $133,841
-
11c · Fees: accounting
total $21,000 · management and general $21,000
-
11f · Fees: investment management
total $62,388 · management and general $62,388
-
13 · Office expenses
total $1,255 · management and general $1,255
-
24a · Other expenses: OTHER MISCELLANEOUS
total $27,055 · management and general $27,055
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $35,492 · end of year $323,822
-
2 · Savings and temporary cash investments
beginning of year $79,057 · end of year $56,790
-
11 · Investments: publicly traded securities
beginning of year $19,349,738 · end of year $21,521,264
-
17 · Accounts payable and accrued expenses
beginning of year $40 · end of year $223
-
25 · Other liabilities
beginning of year $0 · end of year $75,112
-
27 · Net assets without donor restrictions
beginning of year $12,639,247 · end of year $15,001,541
-
28 · Net assets with donor restrictions
beginning of year $6,825,000 · end of year $6,825,000
Mission and programs · 2023
Mission
ASSIST IN THE DEVELOPMENT AND FUNDRAISING ACTIVITIES FOR THE LONG-TERM BENEFIT AND ENHANCEMENT OF THE MISSION OF THE LA POSADA COMMUNITIES, OR OTHER ORGANIZATIONS WHOSE MISSION ALIGNS WITH LA POSADA FOUNDATION.
Activities or mission (Part I)
SUPPORT HOUSING & HEALTHCARE FOR SENIORS.
-
MAINTAIN INSTITUTIONS FOR THE CARE OF PERSONS SUFFERING FROM ILLNESSES AND DISABILITIES AND TO ESTABLISH, SUPPORT AND MAINTAIN SENIOR/ELDER CARE AND RETIREMENT FACILITIES, INCLUDING, BUT NOT LIMITED TO, INDEPENDENT LIVING FACILITIES, ASSISTED LIVING FACILITIES, SKILLED NURSING FACILITIES AND INTERMEDIATE CARE FACILITIES AND TO PROVIDE RELATED SERVICES FOR THE ELDERLY/SENIORS, DISABLED AND RESIDENTS OF SENIOR/ELDER CARE AND RETIREMENT FACILITIES
Expenses $759,358 · Grants $759,358
As filed on the 2023 return.
Listed in Part VII
-
Joni ConditJONI CONDIT
PRESIDENT/CEO
- Total calculated
- $443,272
- From this org
- $0
- From related orgs
- $385,386
- Other
- $57,886
- Hours/week
- 2 + 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
-
Simon DavisSIMON DAVIS
CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2.5 related
-
Richard DucoteRICHARD DUCOTE
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2 + 2.5 related
-
Duane Blumberg PhDDUANE BLUMBERG PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2.5 related
-
Nancy PuckettNANCY PUCKETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2.5 related
-
Patty SmallsreedPATTY SMALLSREED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1 + 2.5 related
-
William BennettWILLIAM BENNETT
DIRECTOR (LEFT 2/23)
- Total calculated
- $0
- Hours/week
- 1 + 2.5 related
-
Vic FresoloneVIC FRESOLONE
DIRECTOR (LEFT 10/23)
- Total calculated
- $0
- Hours/week
- 1 + 2.5 related
-
John StephensJOHN STEPHENS
DIRECTOR (START 11/23)
- Total calculated
- $0
- Hours/week
- 1 + 2.5 related
-
Paul IdePAUL IDE
SR VP/CFO/CIO
- Total calculated
- $409,431
- From this org
- $0
- From related orgs
- $350,275
- Other
- $59,156
- Hours/week
- 2 + 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
VP MARKETING
- Total calculated
- $219,621
- From this org
- $0
- From related orgs
- $184,567
- Other
- $35,054
- Hours/week
- 2 + 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
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
- 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
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
-
SENIOR HOUSING, HEALTHCARE, AND COMMUNITY SERVICES
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)(12) · SUPPORT - HOUSING & HEALTHCARE FOR SENIORS · AZ
-
501(C)(2) · TITLE HOLDING · AZ
-
501(C)(3) · HOUSING & HEALTHCARE FOR SENIORS · AZ
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202403209349317270
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