LIFESPACE COMMUNITIES INC: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LIFESPACE COMMUNITIES INC (EIN 42-1068850)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-07
- IRS object ID
- 202333119349301113
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule I
- Schedule J
- Schedule K
- Schedule K
- Schedule K
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-07T09:16:47-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 S 6TH STREET SUITE 300 | AddressLine1Txt |
| City | MINNEAPOLIS | CityNm |
| State Abbreviation | MN | StateAbbreviationCd |
| ZIP | 55402 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 421068850 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIFESPACE COMMUNITIES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LIFE | BusinessNameControlTxt |
| Phone | 5152885805 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4201 CORPORATE DRIVE | AddressLine1Txt |
| City | WEST DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50266 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NICK HARSHFIELD | PersonNm |
| Person Title | SVP, CFO, & TREASURER | PersonTitleTxt |
| Phone | 5152885805 | PhoneNum |
| Signature | 2023-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | NICK | PersonFirstNm |
| Person Last | HARSHFIELD | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CHAD KUNZE | PreparerPersonNm |
| PTIN | P01587750 | PTIN |
| Phone | 6123764500 | PhoneNum |
| Preparation | 2023-11-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JESSE JANTZEN | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4201 CORPORATE DRIVE | AddressLine1Txt |
| City | WEST DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50266 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $600,171,651 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.LIFESPACECOMMUNITIES.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1976 | FormationYr |
| Legal Domicile State | IA | LegalDomicileStateCd |
| Activity Or Mission | CREATE COMMUNITIES CELEBRATING THE LIVES OF SENIORS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 13 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 12 | VotingMembersIndependentCnt |
| Total Employee | 4787 | TotalEmployeeCnt |
| Total Volunteers | 911 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $3,787,243 | PYContributionsGrantsAmt |
| CY Contributions Grants | $3,866,647 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $267,286,534 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $316,473,826 | CYProgramServiceRevenueAmt |
| PY Investment Income | $10,891,440 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,947,997 | CYInvestmentIncomeAmt |
| PY Other Revenue | $6,610,149 | PYOtherRevenueAmt |
| CY Other Revenue | $6,422,886 | CYOtherRevenueAmt |
| PY Total Revenue | $288,575,366 | PYTotalRevenueAmt |
| CY Total Revenue | $328,711,356 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $23,202,998 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,923,497 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $138,446,737 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $179,314,566 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $185,846,861 | PYOtherExpensesAmt |
| CY Other Expenses | $221,307,433 | CYOtherExpensesAmt |
| PY Total Expenses | $347,496,596 | PYTotalExpensesAmt |
| CY Total Expenses | $402,545,496 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$58,921,230 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$73,834,140 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,235,093,381 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,413,110,019 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,346,126,332 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,618,679,629 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$111,032,951 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | -$205,569,610 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | CREATING COMMUNITIES CELEBRATING THE LIVES OF SENIORS. LIFESPACE RECOGNIZES THAT ITS MISSION CAN ONLY BE FULFILLED THROUGH THE DEDICATED EFFORTS OF ITS EMPLOYEES, THEREFORE INCLUDED IN OUR MISSION IS THE ABILITY TO PROVIDE DISASTER RELIEF FUNDS TO EMPLOYEES WHO ENCOUNTER CIRCUMSTANCES RECOGNIZED BY FEDERAL AND STATE AGENCIES AS QUALIFYING FOR EMERGENCY DISASTER RELIEF. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $347,307,188 | ExpenseAmt |
| Grant | $1,923,497 | GrantAmt |
| Revenue | $316,473,826 | RevenueAmt |
| Desc | LIFESPACE COMMUNITIES, INC. OWNS FIFTEEN DIFFERENT COMMUNITIES (5 IN FL, 3 TX, 2 IN IL, 1 IN MN, KS, PA, WI AND NE) WHICH PROVIDE APARTMENTS AND HEALTH CARE FOR RETIRED PERSONS. RESIDENTS PAY AN INITIAL ENTRANCE FEE AND MONTHLY FEES THEREAFTER WHICH ENTITLE THEM TO THE USE OF THE COMMUNITY FOR LIFE AND UNLIMITED USE OF THE HEALTH CENTER. RESIDENTS DO NOT ACQUIRE TITLE OF THE PROPERTY. | Desc |
| Total Program Service Expenses | $347,307,188 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | Yes (1) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 563 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 4787 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | Yes (1) | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 13 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 12 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NATALIE NGUYEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5152885805 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4201 CORPORATE DRIVE | AddressLine1Txt |
| City | WEST DES MOINES | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 50266 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| JESSE JANTZEN | |||||||||
| PRESIDENT & CEO & DIRECTOR | 40.00 | 2.00 | Yes (X) | Yes (X) | $1,046,857 | $0 | $5,138 | ||
| NICK HARSHFIELD | |||||||||
| SVP & CFO | 40.00 | 2.00 | Yes (X) | $593,591 | $0 | $9,972 | |||
| NIKKI KRESSE | |||||||||
| CHIEF PEOPLE & COMMUNICATI | 40.00 | 2.00 | $517,684 | $0 | $3,213 | Yes (X) | |||
| RUSSELL MAUK | |||||||||
| VP OF DEVELOP/DESIGN/CONST | 40.00 | 2.00 | $415,235 | $0 | $26,024 | Yes (X) | |||
| EDDIE FENOGLIO | |||||||||
| COO (THRU 7/22) | 40.00 | 2.00 | $416,112 | $0 | $25,013 | Yes (X) | |||
| SARA E HAMM | |||||||||
| CHIEF CLINICAL AND PUBLIC | 40.00 | 2.00 | $430,843 | $0 | $4,791 | Yes (X) | |||
| TRACEY CROWNOVER | |||||||||
| VICE PRESIDENT OF ENTERPIRSE PROCESS & SYSTEM | 40.00 | 2.00 | $363,801 | $0 | $5,091 | Yes (X) | |||
| RYAN ROGERS | |||||||||
| REGIONAL VICE PRESIDENT OF OPERATIONS | 40.00 | 2.00 | $325,575 | $0 | $7,145 | Yes (X) | |||
| MARY ANN GILLETTE | |||||||||
| VICE PRESIDENT OF SALES | 40.00 | 2.00 | $327,306 | $0 | $5,223 | Yes (X) | |||
| MICHAEL ROACH | |||||||||
| CHIEF STRATEGY OFFICER | 40.00 | 2.00 | $329,026 | $0 | $0 | Yes (X) | |||
| RICK OROS | |||||||||
| VP HEALTHCARE OPERATIONS | 40.00 | 2.00 | $323,215 | $0 | $1,414 | Yes (X) | |||
| HEIDI LEAVENGOOD | |||||||||
| SVP FINANCE AND ACCOUNTING (THRU 7/22) | 40.00 | 2.00 | $298,001 | $0 | $24,080 | Yes (X) | |||
| KENNETH POINSETTE | |||||||||
| CHIEF INFORMATION OFFICER | 40.00 | 2.00 | $299,571 | $0 | $6,963 | Yes (X) | |||
| DANA SMITH | |||||||||
| DIRECTOR & SECRETARY | 40.00 | 2.00 | $233,654 | $0 | $2,706 | Yes (X) | |||
| TIM GORMAN | |||||||||
| GENERAL COUNSEL & SECRETARY (7/22) | 40.00 | 2.00 | Yes (X) | $155,000 | $0 | $1,632 | |||
| NEAL YANOFSKY | |||||||||
| DIRECTOR & CHAIR | 2.00 | 2.50 | Yes (X) | $55,000 | $0 | $0 | |||
| ANA DUTRA | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $43,000 | $0 | $0 | |||
| LAVERNE EPP | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $43,000 | $0 | $0 | |||
| VENITA FIELDS | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $43,000 | $0 | $0 | |||
| PATRICK SPANGLER | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $43,000 | $0 | $0 | |||
| JOYCE DARKEY-HRINYA | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $41,000 | $0 | $0 | |||
| GARY BLACKFORD | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $37,500 | $0 | $0 | |||
| JONATHAN SOKEYE | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $37,500 | $0 | $0 | |||
| DAVID WILLIAMS | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $37,500 | $0 | $0 | |||
| SCOTT COLLIER | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $35,000 | $0 | $0 | |||
| SUE DELVAUX | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $35,000 | $0 | $0 | |||
| LAURIE DOTTER | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $17,500 | $0 | $0 | |||
| ROBERT KEHM | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $14,333 | $0 | $0 | |||
| PAULA SHIVES | |||||||||
| DIRECTOR | 2.00 | 2.50 | Yes (X) | $11,667 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $6,569,471 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $128,405 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 204 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WALSH CONSTRUCTION COMPANY | |||||
| 929 WEST ADAMS STREET | ATLANTA | GA | 303682289 | CONSTRUCTION SERVICES | $21,508,946 |
| UNIDINE CORPORATION | |||||
| PO BOX 102289 | ATLANTA | GA | 30368 | CULINARY SERVICES | $21,287,756 |
| KRAUS-ANDERSON CONSTRUCTION COMPANY | |||||
| 501 SOUTH 8TH STREET | MINNEAPOLIS | MN | 55404 | CONTRACTOR | $11,204,393 |
| SELECT REHABILITATION LLC | |||||
| PO BOX 71985 | CHICAGO | IL | 60694 | THERAPY SERVICES | $9,521,937 |
| LAGNIAPPE NATIONAL CONSTRUCTION LLC | |||||
| 1526 E PASS RD | GULFPORT | MS | 395073524 | CONSTRUCTION SERVICES | $5,128,610 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 173 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $3,627,081 | RelatedOrganizationsAmt |
| Government Grants | $239,566 | GovernmentGrantsAmt |
| Total Contributions | $3,866,647 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| INDEPENDENT LIVING | 531110 | $143,321,742 | $143,321,742 |
| SKILLED NURSING | 623000 | $138,846,473 | $138,846,473 |
| ENTRANCE FEES | 531110 | $34,305,611 | $34,305,611 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $316,473,826 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,388,686 | TotalRevenueColumnAmt |
| Exclusion | $3,388,686 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $270,019,606 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $271,455,466 | SecuritiesAmt |
| Other | $4,829 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$1,435,860 | SecuritiesAmt |
| Other | -$4,829 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,440,689 | TotalRevenueColumnAmt |
| Exclusion | -$1,440,689 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | -$212 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$212 | TotalRevenueColumnAmt |
| Exclusion | -$212 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| MANAGEMENT FEES | 623000 | $6,301,421 | $6,301,421 |
| EMPLOYEE MEALS | 623990 | $121,677 | $121,677 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $6,423,098 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $328,711,356 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $316,473,826 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $8,370,883 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $695,904 | TotalAmt |
| Program Services | $695,904 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,227,593 | TotalAmt |
| Program Services | $1,227,593 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,017,025 | TotalAmt |
| Program Services | $1,003,405 | ProgramServicesAmt |
| Management And General | $4,013,620 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,785,377 | TotalAmt |
| Program Services | $113,428,302 | ProgramServicesAmt |
| Management And General | $28,357,075 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,889,573 | TotalAmt |
| Program Services | $2,311,658 | ProgramServicesAmt |
| Management And General | $577,915 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,834,092 | TotalAmt |
| Program Services | $15,067,274 | ProgramServicesAmt |
| Management And General | $3,766,818 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,788,499 | TotalAmt |
| Program Services | $8,630,799 | ProgramServicesAmt |
| Management And General | $2,157,700 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,008,991 | TotalAmt |
| Program Services | $958,541 | ProgramServicesAmt |
| Management And General | $50,450 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,970,849 | TotalAmt |
| Management And General | $1,970,849 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $360,597 | TotalAmt |
| Management And General | $360,597 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,220,279 | TotalAmt |
| Management And General | $2,220,279 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,521,378 | TotalAmt |
| Program Services | $13,795,309 | ProgramServicesAmt |
| Management And General | $726,069 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,823,755 | TotalAmt |
| Program Services | $7,859,004 | ProgramServicesAmt |
| Management And General | $1,964,751 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,520,355 | TotalAmt |
| Program Services | $2,816,284 | ProgramServicesAmt |
| Management And General | $704,071 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,470,903 | TotalAmt |
| Program Services | $4,376,722 | ProgramServicesAmt |
| Management And General | $1,094,181 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,855,964 | TotalAmt |
| Program Services | $19,855,964 | ProgramServicesAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,799,634 | TotalAmt |
| Program Services | $2,239,707 | ProgramServicesAmt |
| Management And General | $559,927 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,223,986 | TotalAmt |
| Program Services | $23,223,986 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,272,743 | TotalAmt |
| Program Services | $69,609,106 | ProgramServicesAmt |
| Management And General | $3,663,637 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,232,204 | TotalAmt |
| Program Services | $9,047,560 | ProgramServicesAmt |
| Management And General | $184,644 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| DIETARY | $23,797,648 | $23,797,648 | |
| MISCELLANEOUS EXPENSES | $9,058,010 | $7,246,408 | $1,811,602 |
| PLANT OPERATIONS | $8,722,815 | $8,722,815 | |
| MEDICAL SUPPLIES/DRUGS | $7,176,707 | $7,176,707 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,270,615 | TotalAmt |
| Program Services | $4,216,492 | ProgramServicesAmt |
| Management And General | $1,054,123 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $402,545,496 | TotalAmt |
| Program Services | $347,307,188 | ProgramServicesAmt |
| Management And General | $55,238,308 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,484,007 | BOYAmt |
| EOY | $17,386,281 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,814,362 | BOYAmt |
| EOY | $6,825,629 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,416,277 | BOYAmt |
| EOY | $21,025,781 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $834,108 | BOYAmt |
| EOY | $721,581 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,275,611 | BOYAmt |
| EOY | $4,852,437 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,508,907,870 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $592,637,944 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $748,532,816 | BOYAmt |
| EOY | $916,269,926 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $145,870,350 | BOYAmt |
| EOY | $95,482,250 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,085,016 | BOYAmt |
| EOY | $1,128,141 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,104,579 | BOYAmt |
| EOY | $122,263,718 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $209,676,255 | BOYAmt |
| EOY | $227,154,275 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,235,093,381 | BOYAmt |
| EOY | $1,413,110,019 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $49,599,261 | BOYAmt |
| EOY | $74,481,045 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,489,274 | BOYAmt |
| EOY | $8,486,052 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $526,730,079 | BOYAmt |
| EOY | $655,435,025 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $77,712,684 | BOYAmt |
| EOY | $125,482,905 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,712,709 | BOYAmt |
| EOY | $1,459,141 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $677,882,325 | BOYAmt |
| EOY | $753,335,461 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,346,126,332 | BOYAmt |
| EOY | $1,618,679,629 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$111,032,951 | BOYAmt |
| EOY | -$205,569,610 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$111,032,951 | BOYAmt |
| EOY | -$205,569,610 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,235,093,381 | BOYAmt |
| EOY | $1,413,110,019 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$73,834,140 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$20,717,011 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $14,492 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (1) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | 0 | FSAuditedInd |
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (1) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (1) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $485,813 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $314,729 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,579,418 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $2,364,988 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,422,164 | CurrentTaxYearAmt |
| Total | $15,167,112 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $241,524,884 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $238,199,146 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $249,893,244 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $267,286,534 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $316,473,826 | CurrentTaxYearAmt |
| Total | $1,313,377,634 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,534,885 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,635,409 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $9,586,389 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,610,149 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,423,098 | CurrentTaxYearAmt |
| Total | $25,789,930 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $243,545,582 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $240,149,284 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $268,059,051 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $276,261,671 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $326,319,088 | CurrentTaxYearAmt |
| Total | $1,354,334,676 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $485,813 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $314,729 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $245,076 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,613,263 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,911,818 | CurrentTaxYearAmt |
| Total | $5,570,699 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $485,813 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $314,729 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $245,076 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,613,263 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,911,818 | CurrentTaxYearAmt |
| Total | $5,570,699 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,348,763,977 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,302,031 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,029,090 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,870,016 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,290,143 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,388,686 | CurrentTaxYearAmt |
| Total | $27,879,966 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5,302,031 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,029,090 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,870,016 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,290,143 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,388,686 | CurrentTaxYearAmt |
| Total | $27,879,966 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $248,847,613 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $248,178,374 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $273,929,067 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $281,551,814 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $329,707,774 | CurrentTaxYearAmt |
| Total | $1,382,214,642 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.97580 | PublicSupportCY509Pct |
| Public Support PY509 | 0.97530 | PublicSupportPY509Pct |
| Investment Income CY | 0.02020 | InvestmentIncomeCYPct |
| Investment Income PY | 0.02250 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,777,498 | OtherCostOrOtherBasisAmt |
| Book Value | $33,777,498 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,259,853,877 | OtherCostOrOtherBasisAmt |
| Depreciation | $529,482,428 | DepreciationAmt |
| Book Value | $730,371,449 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $114,462,162 | OtherCostOrOtherBasisAmt |
| Depreciation | $63,155,516 | DepreciationAmt |
| Book Value | $51,306,646 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $100,814,333 | OtherCostOrOtherBasisAmt |
| Book Value | $100,814,333 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $916,269,926 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp (8 entries)
| DescDesc | Book ValueBookValueAmt |
|---|---|
| ASSETS WHOSE USE IS LIMITED: OPERATING RESERVE FUND | $21,631,888 |
| ASSETS WHOSE USE IS LIMITED: DEBT SERVICE RESERVE FUND | $35,150,869 |
| ASSETS WHOSE USE IS LIMITED: PRINCIPAL & INTEREST FUND | $132,596,903 |
| ASSETS WHOSE USE IS LIMITED: WAIT LIST RESERVE FUND | $1,976,986 |
| ASSETS WHOSE USE IS LIMITED: ENTRANCE FEE DEPOSITS | $11,774,131 |
| ASSETS WHOSE USE IS LIMITED: ASSET REPLACEMENT FUND | $11,239,724 |
| DEFERRED EXPENSES | $2,777,350 |
| DUE FROM RELATED PARTY | $10,006,424 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $227,154,275 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| DEFERRED ENTRANCE FEES, REFUNDABLE ENTRANCE & MEMBERSHIP FEES | $742,448,460 |
| DUE TO RELATED PARTY | $4,853,119 |
| LEASE OBLIGATIONS | $6,033,882 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $753,335,461 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | LIFESPACE EVALUATES TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING ITS TAX RETURNS TO DETERMINE WHETHER IT IS "MORE LIKELY THAN NOT" THAT EACH TAX POSITION WOULD BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY BASED ON THE TECHNICAL MERITS OF THE POSITION. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS TAX BENEFIT OR EXPENSE IN THE CURRENT YEAR. AS OF OR DURING THE YEARS ENDED DECEMBER 31, 2022 AND 2021, LIFESPACE HAS NOT RECORDED ANY SUCH TAX BENEFIT OR EXPENSE IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. NO EXAMINATIONS ARE IN PROGRESS OR ANTICIPATED AT THIS TIME. LIFESPACE'S FEDERAL INCOME TAX RETURNS ARE OPEN TO EXAMINATION FOR THE YEARS ENDED DECEMBER 31, 2019 THROUGH DECEMBER 31, 2022. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| TARRANT COUNTY SENIOR LIVING | ||||||||||
| 4201 CORPORATE DRIVE | WEST DES MOINES | IA | 50266 | 208068602 | 501(C)(3) | $600,000 | $0 | N/A | N/A | TO SUPPORT GENERAL OPERATIONS |
| LIFESPACE FOUNDATION | ||||||||||
| 4201 CORPORATE DRIVE | WEST DES MOINES | IA | 50266 | 421370848 | 501(C)(3) | $95,904 | $0 | N/A | N/A | TO SUPPORT GENERAL OPERATIONS |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | HARDSHIP ASSISTANCE - REDUCTION OF FEES | GrantTypeTxt |
| Recipient | 60 | RecipientCnt |
| Non Cash Assistance | $1,227,593 | NonCashAssistanceAmt |
| Valuation Method Used | FAIR MARKET VALUE OF REDUCTION FEES | ValuationMethodUsedDesc |
| Non Cash Assistance | RESIDENTS DO FROM TIME TO TIME SEEK FINANCIAL ASSISTANCE BY REQUESTING ASSISTANCE WITH THE MONTHLY FEE. SINCE THESE RESIDENTS HAVE SIGNED A LIFE CARE CONTRACT, THE ORGANIZATION IS OBLIGATED TO LET THEM CONTINUE TO LIVE IN THE COMMUNITY. MANAGEMENT SHALL REVIEW CRITERIA TO DETERMINE WHETHER THE RESIDENT IS A CANDIDIATE TO RECEIVE A HARDSHIP DISCOUNT. IF THE RESIDENT QUALIFIES FOR A HARDSHIP DISCOUNT, THE DISCOUNT WILL BEGIN TO BE DEDUCTED FROM THE MONTHLY FEES. | NonCashAssistanceDesc |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE ORGANIZATION CAN EASILY MONITOR THE USE OF THE GRANTS TO INDIVIDUALS BECAUSE THE GRANTS ARE SIMPLY REDUCTIONS OF THE MONTHLY FEES AND ENTRANCE FEES THAT THE RESIDENTS WOULD OWE IF THE HARDSHIP ASSISTANCE WAS NOT GRANTED. THE GRANT TO THE LIFESPACE FOUNDATION IS A TRANSFER TO A RELATED AFFILIATE. THE USE OF FUNDS ARE MONITORED DURING THE FINANCIAL REPORTING PROCESS AS BOTH AFFILIATES SHARE A COMMON BOARD OF DIRECTORS AND MANAGEMENT TEAM. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (15 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JESSE JANTZEN | ||||||||||||||
| PRESIDENT & CEO & DIRECTOR | $687,335 | $0 | $325,469 | $0 | $34,053 | $0 | $0 | $0 | $5,138 | $0 | $1,051,995 | $0 | $0 | $0 |
| NICK HARSHFIELD | ||||||||||||||
| SVP & CFO | $425,007 | $0 | $160,411 | $0 | $8,173 | $0 | $0 | $0 | $9,972 | $0 | $603,563 | $0 | $0 | $0 |
| NIKKI KRESSE | ||||||||||||||
| CHIEF PEOPLE & COMMUNICATI | $325,000 | $0 | $179,826 | $0 | $12,858 | $0 | $0 | $0 | $3,213 | $0 | $520,897 | $0 | $0 | $0 |
| RUSSELL MAUK | ||||||||||||||
| VP OF DEVELOP/DESIGN/CONST | $293,606 | $0 | $104,330 | $0 | $17,299 | $0 | $25,506 | $0 | $518 | $0 | $441,259 | $0 | $0 | $0 |
| EDDIE FENOGLIO | ||||||||||||||
| COO (THRU 7/22) | $278,838 | $0 | $137,274 | $0 | $0 | $0 | $22,079 | $0 | $2,934 | $0 | $441,125 | $0 | $0 | $0 |
| SARA E HAMM | ||||||||||||||
| CHIEF CLINICAL AND PUBLIC | $284,004 | $0 | $135,916 | $0 | $10,923 | $0 | $0 | $0 | $4,791 | $0 | $435,634 | $0 | $0 | $0 |
| TRACEY CROWNOVER | ||||||||||||||
| VICE PRESIDENT OF ENTERPIRSE PROCESS | $300,351 | $0 | $60,153 | $0 | $3,297 | $0 | $0 | $0 | $5,091 | $0 | $368,892 | $0 | $0 | $0 |
| RYAN ROGERS | ||||||||||||||
| REGIONAL VICE PRESIDENT OF OPERATION | $289,858 | $0 | $35,717 | $0 | $0 | $0 | $0 | $0 | $7,145 | $0 | $332,720 | $0 | $0 | $0 |
| MARY ANN GILLETTE | ||||||||||||||
| VICE PRESIDENT OF SALES | $247,200 | $0 | $75,352 | $0 | $4,754 | $0 | $0 | $0 | $5,223 | $0 | $332,529 | $0 | $0 | $0 |
| MICHAEL ROACH | ||||||||||||||
| CHIEF STRATEGY OFFICER | $253,846 | $0 | $75,000 | $0 | $180 | $0 | $0 | $0 | $0 | $0 | $329,026 | $0 | $0 | $0 |
| RICK OROS | ||||||||||||||
| VP HEALTHCARE OPERATIONS | $243,004 | $0 | $75,538 | $0 | $4,673 | $0 | $0 | $0 | $1,414 | $0 | $324,629 | $0 | $0 | $0 |
| HEIDI LEAVENGOOD | ||||||||||||||
| SVP FINANCE AND ACCOUNTING (THRU 7/2 | $186,364 | $0 | $111,637 | $0 | $0 | $0 | $21,349 | $0 | $2,731 | $0 | $322,081 | $0 | $0 | $0 |
| KENNETH POINSETTE | ||||||||||||||
| CHIEF INFORMATION OFFICER | $252,013 | $0 | $47,558 | $0 | $0 | $0 | $0 | $0 | $6,963 | $0 | $306,534 | $0 | $0 | $0 |
| DANA SMITH | ||||||||||||||
| DIRECTOR & SECRETARY | $233,654 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $2,706 | $0 | $236,360 | $0 | $0 | $0 |
| TIM GORMAN | ||||||||||||||
| GENERAL COUNSEL & SECRETARY (7/22) | $155,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1,632 | $0 | $156,632 | $0 | $0 | $0 |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd | CUSIPCUSIPNum |
|---|---|---|---|---|---|---|---|---|
| KANSAS DEVELOPMENT FINANCE AUTHORITY | ||||||||
| A | 481066589 | 2014-08-13 | $5,485,000 | REFUND PRIOR ISSUE (8/23/13) | 0 | 0 | 0 | |
| ILLINOIS FINANCE AUTHORITY | ||||||||
| B | 861091967 | 2015-03-25 | $38,167,219 | CONSTRUCTION OF FACILITY & REFUND PRIOR ISSUES (5/19/99 10/23/03 & 2/20/13) | 0 | 0 | 0 | 45203HT28 |
| PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY | ||||||||
| C | 521297506 | 2015-03-25 | $47,992,621 | REFUND PRIOR ISSUES (11/28/07 & 2/20/13) | 0 | 0 | 0 | 696507UA8 |
| IOWA FINANCE AUTHORITY | ||||||||
| D | 521699886 | 2016-11-22 | $52,715,703 | RENOVATE FACILITIES | 0 | 0 | 0 | 46246K3P5 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | RetiredRetiredAmt | Total ProceedsTotalProceedsAmt | Other Spent ProceedsOtherSpentProceedsAmt | Substantial CompletionSubstantialCompletionYr | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | In Reserve FundInReserveFundAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Capitalized InterestCapitalizedInterestAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $4,823,028 | $5,485,000 | $5,485,000 | 2003 | Yes (1) | 0 | Yes (1) | Yes (1) | ||||
| B | $9,645,000 | $38,204,843 | $16,830,399 | 2016 | Yes (1) | 0 | Yes (1) | Yes (1) | $2,378,274 | $687,038 | $18,737,148 | |
| C | $9,245,000 | $48,699,445 | $46,624,107 | 2017 | Yes (1) | Yes (1) | Yes (1) | Yes (1) | $3,448,639 | $858,282 | $70,475 | |
| D | $53,535,667 | 0 | 0 | Yes (1) | Yes (1) | $4,198,088 | $1,052,101 | $43,482,972 | $4,802,507 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | Yes (1) | Yes (1) | Yes (1) | 0 | 0 | 0 | Yes (1) |
| B | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| C | 0 | 0 | Yes (1) | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| D | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Supplemental Information Detail SupplementalInformationDetail (15 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| DATE REBATE COMPUTATION PERFORMED | ISSUER NAME: KANSAS DEVELOPMENT FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 09/03/2014 ISSUER NAME: ILLINOIS FINANCE AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/28/2020 ISSUER NAME: PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY DATE THE REBATE COMPUTATION WAS PERFORMED: 02/28/2020 |
| ENTITY 1, SCHEDULE K, PART II, COLUMN A, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN ENTITY 1, SCHEDULE K, PART 1, ROW C, COLUMN (E) DUE TO INVESTMENT EARNINGS/MARKET VALUE FLUCTUATION. |
| ENTITY 1, SCHEDULE K, PART IV, COLUMN B, LINE 2, REBATE COMPUTATION | NOTE REGARDING THE REBATE COMPUTATION 9/30/14: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS, NO FURTHER REBATE CALCULATIONS ARE NECESSARY. |
| ENTITY 1, SCHEDULE K, PART II, COLUMN C, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE ENTITY 1, SCHEDULE K, PART 1 ROW D, COLUMN (E) DUE TO INVESTMENT EARNINGS/MARKET VALUE FLUCTUATION. |
| ENTITY 1, SCHEDULE K, PART II, COLUMN C, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT EQUAL THE SUMMATION OF LINES 4-12 DUE TO TRANSFERRED OR REPLACEMENT PROCEEDS IN LINE 4. |
| ENTITY 1, SCHEDULE K, PART II, COLUMN D, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN ENTITY 1, SCHEDULE K, PART I, ROW A, COLUMN (E) DUE TO INVESTMENT EARNINGS. |
| ENTITY 1, SCHEDULE K, PART II, COLUMN D, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT EQUAL THE SUMMATION OF LINES 4-12 DUE TO TRANSFERRED OR REPLACEMENT PROCEEDS IN LINE 4. |
| ENTITY 2, SCHEDULE K, PART II, COLUMN A, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN ENTITY 2, SCHEDULE K, PART I, ROW A, COLUMN (E) DUE TO INVESTMENT EARNINGS/MARKET VALUE FLUCTUATION. |
| ENTITY 2, SCHEDULE K, PART II, COLUMN B, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN ENTITY 2, SCHEDULE K, PART I, ROW B, COLUMN (E) DUE TO INVESTMENT EARNINGS/MARKET VALUE FLUCTUATION. |
| ENTITY 2, SCHEDULE K, PART II, COLUMN C, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN ENTITY 2, SCHEDULE K, PART I, ROW B, COLUMN (E) DUE TO INVESTMENT EARNINGS. |
| ENTITY 2, SCHEDULE K, PART II, COLUMN D, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS OF ISSUE DO NOT EQUAL THE SUMMATION OF LINES 4-12 DUE TO TRANSFERRED OR REPLACEMENT PROCEEDS IN LINE 4. |
| ENTITY 3, SCHEDULE K, PART II, COLUMN A, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN ENTITY 3, SCHEDULE K, PART I, ROW A, COLUMN (E) DUE TO INVESTMENT EARNINGS. |
| ENTITY 3, SCHEDULE K, PART IV, COLUMN A, LINE 2, REBATE COMPUTATION | NOTE REGARDING THE 03/05/2005 REBATE COMPUTATION: SINCE THE BOND PROCEEDS HAVE BEEN SPENT, A SPENDING EXCEPTION WAS MET, AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS. NO FURTHER REBATE CALCULATIONS ARE NECESSARY. |
| ENTITY 3, SCHEDULE K, PART II, COLUMN B, LINE 3, TOTAL PROCEEDS OF ISSUE | THE TOTAL PROCEEDS DO NOT AGREE TO THE ISSUE PRICE IN ENTITY 3, SCHEDULE K, PART I, ROW B, COLUMN (E) DUE TO INVESTMENT EARNINGS/MARKET VALUE FLUCTUATION. |
| ENTITY 3, SCHEDULE K, PART IV, COLUMN B, LINE 2, REBATE COMPUTATION | NOTE REGARDING THE 12/05/2008 REBATE COMPUTATION: SINCE THE BOND PROCEEDS HAVE BEEN SPENT AND THE DEBT SERVICE FUND WAS OPERATED ON A BONA FIDE BASIS NO FUTHER REBATE CALCULATIONS WERE NECESSARY. |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY | ||||||||
| A | 521297506 | 696507UD2 | 2016-11-22 | $24,609,426 | RENOVATE FACILITIES | 0 | 0 | 0 |
| IOWA FINANCE AUTHORITY | ||||||||
| B | 521699886 | 46246K4T6 | 2018-08-28 | $141,806,310 | RENOVATE FACILITIES | 0 | 0 | 0 |
| PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY | ||||||||
| C | 521297506 | 696507UN0 | 2018-08-28 | $32,281,188 | RENOVATE FACILITIES | 0 | 0 | 0 |
| IOWA FINANCE AUTHORITY | ||||||||
| D | 521699886 | 46246K6Y3 | 2019-11-20 | $54,891,394 | RENOVATE FACILITIES | 0 | 0 | 0 |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | In Reserve FundInReserveFundAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | UnspentUnspentAmt |
|---|---|---|---|---|---|---|---|---|---|---|
| A | $25,295,479 | $1,963,860 | $2,235,506 | $490,963 | $20,605,150 | 0 | 0 | Yes (1) | Yes (1) | |
| B | $145,712,909 | $12,849,228 | $13,060,331 | $2,662,656 | $114,935,361 | 0 | 0 | 0 | Yes (1) | $2,205,332 |
| C | $33,360,128 | $3,017,063 | $2,753,044 | $645,624 | $26,817,892 | 0 | 0 | Yes (1) | Yes (1) | $126,505 |
| D | $55,795,612 | $2,987,514 | $876,925 | $51,758,327 | 0 | 0 | 0 | Yes (1) | $172,846 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | 0 | 0 | Yes (1) | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | Yes (1) |
| C | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | Yes (1) | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
| D | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)
| Bond ReferenceBondReferenceCd | Bond Issuer EINBondIssuerEIN | CUSIPCUSIPNum | Bond IssuedBondIssuedDt | Issue PriceIssuePriceAmt | PurposePurposeDesc | DefeasedDefeasedInd | On Behalf Of IssuerOnBehalfOfIssuerInd | Pool FinancingPoolFinancingInd |
|---|---|---|---|---|---|---|---|---|
| PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY | ||||||||
| A | 521297506 | 696507US9 | 2019-11-20 | $55,279,646 | RENOVATE FACILITIES | 0 | 0 | 0 |
| IOWA FINANCE AUTHORITY | ||||||||
| B | 521699886 | 46247SBP8 | 2021-08-31 | $167,807,223 | RENOVATE FACILITIES & REFUND ISSUE (11/18/10) | 0 | 0 | 0 |
| PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY | ||||||||
| C | 521297506 | 696507VF6 | 2021-08-31 | $19,198,516 | RENOVATE FACILITIES & REFUND ISSUE (11/18/10) | 0 | 0 | 0 |
| PALM BEACH COUNTY HEALTH FACILITIES AUTHORITY | ||||||||
| D | 521297506 | 2020-11-16 | $85,000,000 | RENOVATE FACILITIES | 0 | 0 | 0 | |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)
| Bond ReferenceBondReferenceCd | Total ProceedsTotalProceedsAmt | Capitalized InterestCapitalizedInterestAmt | Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt | Capital ExpendituresCapitalExpendituresAmt | UnspentUnspentAmt | Refunding Tax Exempt BondsRefundingTaxExemptBondsInd | Refunding Taxable BondsRefundingTaxableBondsInd | Final Allocation MadeFinalAllocationMadeInd | Adequate Books And Rec MaintAdequateBooksAndRecMaintInd | Other Spent ProceedsOtherSpentProceedsAmt | Working Capital ExpendituresWorkingCapitalExpendituresAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| A | $56,028,378 | $4,066,382 | $989,659 | $44,889,070 | $6,083,267 | 0 | 0 | 0 | Yes (1) | ||
| B | $112,598,143 | $657,922 | $2,544,457 | $3,401,407 | $91,271,648 | Yes (1) | 0 | 0 | Yes (1) | $14,722,709 | |
| C | $19,148,551 | $139,292 | $381,511 | $3,047,610 | $7,112,218 | Yes (1) | 0 | 0 | Yes (1) | $8,467,921 | |
| D | $85,000,000 | $3,652,876 | $781,128 | 0 | 0 | 0 | Yes (1) | $80,565,996 |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)
| Bond ReferenceBondReferenceCd | Owning Bond Financed PropertyOwningBondFinancedPropertyInd | Any Lease ArrangementsAnyLeaseArrangementsInd | Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd | Any Research AgreementsAnyResearchAgreementsInd | Private Bus Use By OthersPrivateBusUseByOthersPct | Total Private Business UseTotalPrivateBusinessUsePct | Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd | Change In Use Bond Financed PropChangeInUseBondFinancedPropInd | Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd | Private Bus Concerning UBIPrivateBusConcerningUBIPct |
|---|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) | |
| B | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) | |
| C | 0 | Yes (1) | 0 | 0 | 0.00300 | 0.00300 | 0 | 0 | Yes (1) | |
| D | 0 | 0 | 0 | 0 | 0.00000 | 0.00000 | 0 | 0 | 0 | 0.00000 |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)
| Bond ReferenceBondReferenceCd | Form8038 T FiledForm8038TFiledInd | Rebate Not Due YetRebateNotDueYetInd | Exception To RebateExceptionToRebateInd | No Rebate DueNoRebateDueInd | Variable Rate IssueVariableRateIssueInd | Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd | Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd | Gross Proceeds InvestedGrossProceedsInvestedInd | Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd |
|---|---|---|---|---|---|---|---|---|---|
| A | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | Yes (1) |
| B | 0 | Yes (1) | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| C | 0 | Yes (1) | Yes (1) | 0 | Yes (1) | 0 | 0 | 0 | Yes (1) |
| D | 0 | Yes (1) | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)
| Bond ReferenceBondReferenceCd | Procedures Corrective ActionProceduresCorrectiveActionInd |
|---|---|
| A | Yes (1) |
| B | Yes (1) |
| C | Yes (1) |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| CUSIP | 87638TG56 | CUSIPNum |
| Bond Issued | 2022-07-19 | BondIssuedDt |
| Issue Price | $53,310,000 | IssuePriceAmt |
| Purpose | TO FINANCE THE ACQUISITION, RENOVATION, AND CONSTRUCTION OF CMW FACILITIES | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $53,310,000 | TotalProceedsAmt |
| In Reserve Fund | $4,665,920 | InReserveFundAmt |
| Capitalized Interest | $3,900,000 | CapitalizedInterestAmt |
| Issuance Costs From Proceeds | $1,050,000 | IssuanceCostsFromProceedsAmt |
| Working Capital Expenditures | $2,600,000 | WorkingCapitalExpendituresAmt |
| Capital Expenditures | $34,993,772 | CapitalExpendituresAmt |
| Unspent | $6,100,308 | UnspentAmt |
| Substantial Completion | 2022 | SubstantialCompletionYr |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | Yes (1) | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Private Bus Use By Others | 0.00300 | PrivateBusUseByOthersPct |
| Private Bus Concerning UBI | 0.00000 | PrivateBusConcerningUBIPct |
| Total Private Business Use | 0.00300 | TotalPrivateBusinessUsePct |
| Bond Iss Meet Prvt Sec Pymt Test | Yes (1) | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | Yes (1) | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 1A | THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIR OF THE BOARD, THE VICE CHAIR OF THE BOARD, THE IMMEDIATE PAST CHAIR OF THE BOARD, THE CHAIR OF THE GOVERNANCE AND NOMINATING COMMITTEE AND, AS AN EX-OFFICIO MEMBER, THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. EXCEPT AS LIMITED HEREIN, AND EXCEPT FOR RESPONSIBILITIES DELEGATED TO ANOTHER COMMITTEE, THE EXECUTIVE COMMITTEE SHALL POSSESS AND MAY EXERCISE ALL OF THE POWERS OF THE BOARD OF DIRECTORS IN THE OVERSIGHT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, EXCEPT AS HEREIN PROVIDED. THE EXECUTIVE COMMITTEE SHALL NOT HAVE THE POWERS OF THE BOARD OF DIRECTORS WITH RESPECT TO AUTHORIZING DISTRIBUTIONS; APPROVING DISSOLUTION, MERGER, OR THE SALE, PLEDGE OR TRANSFER OF ALL OR SUBSTANTIALLY ALL OF THE CORPORATION'S ASSETS; ELECTING, APPOINTING, OR REMOVING DIRECTORS OR FILLING VACANCIES ON THE BOARD OF DIRECTORS OR ON ANY OF ITS COMMITTEES; OR ADOPTING, AMENDING, REPEALING THE ARTICLES OF INCORPORATION OR THE BYLAWS, OR THE APPOINTMENT OR REMOVAL OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE PRIMARY PURPOSE OF THE COMMITTEE IS TO ENABLE THE BOARD OF DIRECTORS TO ACT WHERE AN ASSEMBLY OF A QUORUM OF THE BOARD WOULD BE IMPRACTICABLE OR IMPOSSIBLE. THE COMMITTEE ALSO SHALL SERVE AS AN ADVISOR TO THE PRESIDENT AND CEO, PROVIDING CONSULTATION, SUPPORT AND GUIDANCE ON AN INFORMAL BASIS AS REQUESTED FROM TIME TO TIME, AND REVIEW AND APPROVE BOARD MEETING AGENDAS. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE SOLE MEMBER OF THE ORGANIZATION SHALL BE LIFESPACE, INC. |
| FORM 990, PART VI, SECTION B, LINE 11B | MANAGEMENT PERFORMED A THOROUGH REVIEW OF THE FORM 990. THE RISK MANAGEMENT & AUDIT COMMITTEE OF THE BOARD OF DIRECTORS REVIEWED AND APPROVED THE FORM 990 PRIOR TO FILING. ANY CONCERNS OR SUGGESTIONS IDENTIFIED BY THE RISK MANAGEMENT & AUDIT COMMITTEE WERE REPORTED TO THE FULL BOARD OF DIRECTORS. A COPY OF THE FORM 990 WAS DISTRIBUTED TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING. MEMBERS OF THE BOARD OF DIRECTORS DIRECTED ANY QUESTIONS OR CONCERNS TO THE CHIEF FINANCIAL OFFICER TO BE RESOLVED PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS OF LIFESPACE COMMUNITIES, INC. AND ALL RELATED ORGANIZATIONS MUST CONDUCT THEIR PERSONAL AFFAIRS IN SUCH A MANNER AS TO AVOID ANY POSSIBLE CONFLICTS OF INTEREST WITH DUTIES AND RESPONSIBILITIES AS OFFICERS AND MEMBERS OF THE BOARD OR DIRECTORS. ALL NEW BOARD MEMBERS AND OFFICERS ARE REQUIRED TO COMPLETE A CONFLICTS OF INTEREST STATEMENT. THIS IS REVIEWED BY THE GOVERNANCE & NOMINATING COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL. OFFICERS AND MEMBERS OF THE BOARD OF DIRECTORS ANNUALLY ARE REQUIRED TO COMPLETE A CONFLICTS OF INTEREST STATEMENT. THESE STATEMENTS ARE REVIEWED BY THE GOVERNANCE & NOMINATING COMMITTEE TO DETERMINE IF ANY CONFLICTS OF INTEREST EXIST PRIOR TO REAPPOINTMENT TO THE BOARD AND OFFICER POSITIONS. ANY DIRECTOR HAVING A CONFLICT OF INTEREST SHALL NOT VOTE OR USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, AND SHALL NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE MEETING. THE MINUTES OF THE MEETING SHALL REFLECT THAT A DISCLOSURE WAS MADE, THE ABSTENTION FROM VOTING, AND THE QUORUM SITUATION. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPENSATION FOR DIRECTORS (INCLUDING THE OFFICER-DIRECTOR POSITIONS OF CHAIR AND VICE-CHAIR) IS REVIEWED ANNUALLY BY THE GOVERNANCE AND NOMINATING COMMITTEE. GENERALLY, AN OUTSIDE CONSULTANT IS RETAINED EVERY YEAR TO DETERMINE THE REASONABLENESS OF DIRECTOR COMPENSATION. A REPORT IS PROVIDED TO THE BOARD OF DIRECTORS BY THE CONSULTANT. THE BOARD OF DIRECTORS APPROVES THE ANNUAL COMPENSATION BASED ON THESE REVIEWS. COMPENSATION FOR EMPLOYEES WHO ARE DISQUALIFIED PERSONS UNDER INTERMEDIATE SANCTIONS REGULATION IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE DISQUALIFIED PERSONS INCLUDE THE CEO, THE CFO, THE SVP OF OPERATIONS, AND THE SVP OF SUCCESSFUL AGING AND HEALTH SERVICES. THE COMPENSATION COMMITTEE USES AN OUTSIDE, INDEPENDENT COMPENSATION CONSULTANT AT LEAST EVERY OTHER YEAR TO DETERMINE THE REASONABLENESS OF THE DISQUALIFIED PERSONS' COMPENSATION. THE COMPENSATION CONSULTANT PROVIDES A REPORT TO THE COMPENSATION COMMITTEE OF ITS MARKET COMPETITIVENESS REVIEW, FINDINGS, AND RECOMMENDATIONS, AND A LETTER STATING ITS ASSESSMENT OF THE REASONABLENESS OF COMPENSATION. IN YEARS WHEN THE COMPENSATION COMMITTEE DOES NOT USE AN OUTSIDE CONSULTANT, IT REVIEWS SURVEY INFORMATION TO DETERMINE THE REASONABLENESS OF COMPENSATION. THE COMPENSATION COMMITTEE RECOMMENDS TO THE BOARDS, AND THE BOARD OF DIRECTORS APPROVES THE ANNUAL COMPENSATION CHANGES BASED ON THE RECOMMENDATION OF THE COMPENSATION COMMITTEE. THE SALARIES AND BENEFITS LISTED CONTAIN THE TOTAL SALARIES AND BENEFITS PAID TO EACH INDIVIDUAL THROUGH LIFESPACE COMMUNITIES, INC. AND ALL RELATED ENTITIES. |
| FORM 990, PART VI, SECTION C, LINE 19 | REQUESTS FROM THIRD PARTIES FOR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE REFERRED TO THE CHIEF FINANCIAL OFFICER. ANNUAL RETURNS AND THE APPLICATION FOR EXEMPTION ARE MADE AVAILABLE FOR PUBLIC INSPECTION AND ARE PROVIDED TO INDIVIDUALS WHO REQUEST THEM. COPIES ARE PROVIDED WITHIN 30 DAYS OF A WRITTEN REQUEST OR THE SAME DAY IF REQUESTED IN PERSON. |
| FORM 990, PART XI, LINE 9: | FINANCIAL STATEMENT ROUNDING ADJUSTMENT 3,443. PRIOR PERIOD EQUITY ADJUSTMENT 11,049. |
| FORM 990, PART XII, LINE 2C: | THE PROCESS OF OVERSEEING THE AUDIT AND SELECTING AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Controlled OrganizationControlledOrganizationInd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DEERFIELD RETIREMENT COMMUNITY INC | |||||||||||
| 4201 CORPORATE DRIVE | WEST DES MOINES | IA | 50266 | 421508960 | OPERATION OF RETIREMENT COMMUNITY | IA | 501(C)(3) | LINE 10 | LIFESPACE COMMUNITIES INC | Yes (1) | |
| THE LIFESPACE FOUNDATION | |||||||||||
| 4201 CORPORATE DRIVE | WEST DES MOINES | IA | 50266 | 421370848 | SUPPORT OF RETIREMENT COMMUNITIES | IA | 501(C)(3) | LINE 12A, I | LIFESPACE INC | 0 | |
| LIFESPACE INC | |||||||||||
| 4201 CORPORATE DRIVE | WEST DES MOINES | IA | 50266 | 273270337 | OWNERSHIP & ADMINISTRATION OF RETIREMENT COMMUNITY PROPERTY | IA | 501(C)(3) | LINE 12B, II | 0 | N/A | |
| LIFESPACE MANAGEMENT INC | |||||||||||
| 4201 CORPORATE DRIVE | WEST DES MOINES | IA | 50266 | 273271283 | MANAGEMENT OF RETIREMENT COMMUNITIES | IA | 501(C)(3) | LINE 12B, II | LIFESPACE INC | 0 | |
| LIFESPACE SERVICES INC | |||||||||||
| 4201 CORPORATE DRIVE | WEST DES MOINES | IA | 50266 | 273271147 | HEALTH SERVICES AND PROGRAMS FOR RETIREMENT COMMUNITIES | IA | 501(C)(3) | LINE 10 | LIFESPACE INC | 0 | |
| NORTHWEST SENIOR HOUSING CORPORATION | |||||||||||
| 8523 THACKERY STREET | DALLAS | TX | 75225 | 752771278 | OPERATION OF RETIREMENT COMMUNITY | TX | 501(C)(3) | LINE 10 | LIFESPACE COMMUNITIES INC | 0 | |
| BARTON CREEK SENIOR LIVING CENTER INC | |||||||||||
| 2500 BARTON CREEK BLVD | AUSTIN | TX | 78735 | 201203479 | OPERATION OF RETIREMENT COMMUNITY | TX | 501(C)(3) | LINE 10 | LIFESPACE COMMUNITIES INC | 0 | |
| SENIOR QUALITY LIFESTYLES CORPORATION | |||||||||||
| 4201 CORPORATE DRIVE | WEST DES MOINES | IA | 50266 | 364502669 | OPERATION OF RETIREMENT COMMUNITY | TX | 501(C)(3) | LINE 10 | LIFESPACE COMMUNITIES INC | 0 | |
| TARRANT COUNTY SENIOR LIVING CENTER INC | |||||||||||
| 2501 MUSEUM WAY | FORT WORTH | TX | 76107 | 208068602 | OPERATION OF RETIREMENT COMMUNITY | TX | 501(C)(3) | LINE 10 | LIFESPACE COMMUNITIES INC | 0 | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRAIRIE VIEW CLUB OF KANSAS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8101 MISSION RD | AddressLine1Txt |
| City | PRAIRIE VIEW | CityNm |
| State Abbreviation | KS | StateAbbreviationCd |
| ZIP | 66208 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 481159378 | EIN |
| Primary Activities | RESIDENT ENTERTAINMENT SERVICES | PrimaryActivitiesTxt |
| Legal Domicile State | KS | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LIFESPACE COMMUNITIES INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | -$7,218 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $188,199 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TARRANT COUNTY SENIOR LIVING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionTypeTxt |
| Involved | $600,000 | InvolvedAmt |
| Method Of Amount Determination | COST | MethodOfAmountDeterminationTxt |