2019-11-15T09:10:51-06:00 2018-12-31 341884125 CBIZ MHM LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2018-01-01 860828160 LA POSADA AT PARK CENTRE INC LAPO 5206488100 350 E MORNINGSIDE GREEN VALLEY AZ 85614 PAUL IDE VP/CFO 5206488100 2019-11-06 1 AMY A O'LOUGHLIN P00869687 6022646835 2019-11-06 24.250.108.130 2019-11-06 11:51:18 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1212D86953DF9911D4E957E54162B84DD93DFAA7 2018 2020-03-31 21:24:44Z JONI CONDIT 350 E MORNINGSIDE GREEN VALLEY AZ 85614 47096504 0 X WWW.LAPOSADAGV.COM X 1996 AZ HOUSING AND HEALTHCARE FOR SENIORS. LA POSADA MAXIMIZES THE HEALTH AND WELL-BEING OF SENIORS. 7 6 788 400 490714 -141215 846480 1499990 34749753 35405318 2593611 1876965 480880 545549 38670724 39327822 511464 449320 0 0 20027709 20569905 0 0 167901 16985348 19155912 37524521 40175137 1146203 -847315 139287720 145240863 99218339 107233719 40069381 38007144 X HOUSING AND HEALTHCARE FOR SENIORS. LA POSADA MAXIMIZES THE HEALTH AND WELL-BEING OF SENIORS. 0 0 19963705 22670140 LA POSADA PROVIDED INDEPENDENT APARTMENT AND GARDEN HOME HOUSING WITH DAILY MEALS, CAMPUS CASE MANAGEMENT, ON-CALL EMERGENCY SECURITY & NURSING, WELLNESS CLINICS, HOUSEKEEPING AND LAUNDRY SERVICES, MAINTENANCE SERVICES, TRANSPORTATION, SPECIAL FUNCTIONS, AND ACTIVITIES TO 716 RESIDENTS, WHOSE AVERAGE AGE WAS 85.LA POSADA FORMED NAKOMA SKY LLC WITH THE INTENTION OF CREATING A SECOND CAMPUS WITH THE SAME MISSION AND PHILOSOPHY OF LA POSADA GREEN VALLEY. DUE TO CHALLENGES ASSOCIATED WITH LOCATING SUFFICIENT CONSTRUCTION SUB-CONTRACTORS AND RAPIDLY RISING CONSTRUCTION MATERIALS AND LABOR COSTS, THE BOARD OF TRUSTEES ELECTED TO PLACE THE PROJECT ON HOLD. THE ORGANIZATION WROTE OFF APPROXIMATELY $3,014,000 IN DEFERRED MARKETING COSTS IN 2018. 7560190 10111804 LA POSADA PROVIDED ASSISTED LIVING SUITES TO 184 INDIVIDUALS PROVIDING THEM MORE HEALTH CARE AND ASSISTANCE WITH DAILY ACTIVITIES THAN NEEDED BY THOSE INDIVIDUALS IN THE INDEPENDENT HOUSING. THIS INCLUDES 36 PEOPLE IN A DEDICATED MEMORY CARE FACILITY, 50 IN HIGH ACUITY FACILITY, AND 98 IN A SOCIAL CARE FACILITY. 1252122 1221300 HOME AND COMMUNITY BASED, LA POSADA ASSISTED 4,535 STOREFRONT WALK-INS SEEKING HELP AVAILABLE THROUGH LOCAL TAX EXEMPT NON-PROFITS; CONTRACTED WITH 62 MOSAIC OFF CAMPUS CUSTOMERS FOR SERVICE PACKAGES INCLUDING HEALTHCARE CASE MANAGEMENT, COMPANIONS, SHOPPING ASSISTANCE, AND TRANSPORTATION. THE ORGANIZATION PROVIDED 3,277 PERSON DAYS OF ADULT DAY CARE ON SITE FOR MENTALLY FRAIL ELDERLY; PROVIDED 5,786 NO CHARGE SENIOR LUNCHES ON SITE; PROVIDED 14,819 DAYS OF CHILD CARE ON SITE; AND PROVIDED 536 COUNSELING SESSIONS ON SITE. MANY SERVICES ARE SUBSIDIZED BY GRANTS AND DONATIONS AS WELL. 881377 449320 1402074 OUTPATIENT CARE WAS PROVIDED FOR 750 PATIENTS NEEDING HELP FROM THE THERAPY REHAB STAFF.LA POSADA FOUNDATION IS INTEGRATED WITH THE OPERATING COMPANY, AND FUNCTIONS AS A PUBLIC FOUNDATION. THE PURPOSE OF THE FOUNDATION IS TO ACCEPT DONATIONS THAT MAY BE USED TO FURTHER THE MISSION OF LA POSADA TO MAXIMIZE THE WELL-BEING AND CARE ON THE SENIORS. 881377 449320 1402074 29657394 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 0 0 1 132 0 1 788 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 1 1 0 1 1 1 1 1 1 1 0 AZ X PAUL IDE 5206487901 350 E MORNINGSIDE GREEN VALLEY AZ 85614 PAULA DONLEY BOARD TRUSTEE 2.50 X 0 0 0 VIC FRESOLONE BOARD TRUSTEE 2.50 X 0 0 0 JANE LATEER CHAIR 2.50 X X 0 0 0 JOHN STEPHENS BOARD TRUSTEE 2.50 X 0 0 0 LISA H ISRAEL PRESIDENT/CEO 50.00 X X 314121 0 36373 SIMON DAVIS BOARD TRUSTEE 2.50 X 0 0 0 KATHY WARD BOARD TRUSTEE 2.50 X 0 0 0 RICHARD DUCOTE BOARD TRUSTEE 2.50 X 0 0 0 DUANE BLUMBERG BOARD TRUSTEE 2.50 X 0 0 0 JONI CONDIT SR VP/COO/SECRETARY 50.00 X 213865 0 22094 PAUL S IDE SR VP, CFO, CIO 50.00 X 231834 0 56621 JIM CASANOVA VP HUMAN RESOURCES 50.00 X 152829 0 22858 MARY JO ERICKSON COUNSELOR 50.00 X 112410 0 9423 STEVE KOLNACKI DIR HOMECARE/COMMUNITY BAS 50.00 X 115783 0 19469 DAVID CURL DIR MAINTENANCE/LANDSCAPE 40.00 X 110880 0 15457 JERRY WEYGINT DIR INFORMATION TECHNOLOGY 40.00 X 117026 0 18879 PAUL LOOMANS MARKETING DIRECTOR 40.00 X 106714 0 17614 1475462 0 218788 10 0 1 0 LINDA ROBINSON DESIGN 610 S PARK AVE TUCSON AZ 85719 DESIGN 556827 IRONHAWK ELEVATOR LLC 449 W 29TH STREET TUCSON AZ 85713 ELEVATOR MAINTENANCE 204665 UNWIRED ENGINEERING 7 E CHANDLER BLVD CHANDLER AZ 85225 IT CONSULTING 202626 INTERIOR LOGIC HOLDINGS 4323 E COTTON CENTER BLVD PHOENIX AZ 85040 DESIGN 166295 THE ULTIMATE SOFTWARE 2375 E CAMELBACK RD PHOENIX AZ 85016 IT CONSULTING 137893 5 1499990 100014 1499990 MONTHLY SVS FEE 623000 22049924 22049924 HIGH NEEDS ASST & ASST 623000 8858937 8858937 EARNED ENT FEES 623000 2012429 2012429 HOME & COMMUNITY 623000 1213265 1213265 O/P REHABILITATION 623000 781045 781045 489718 489718 35405318 1459647 1459647 8186000 7723682 45000 462318 -45000 417318 417318 JAVA SHOPPE 722515 453421 453421 MISCELLANEOUS REV 900099 54835 54835 CATERING 722320 22022 22022 15271 15271 545549 39327822 35405318 490714 1931800 98784 98784 350536 350536 985506 923626 61880 15291442 10866175 4366892 58375 473088 322504 146791 3793 2561321 1883268 662846 15207 1258548 845285 404725 8538 30339 30339 78406 78406 188671 188671 1438456 586402 838179 13875 199000 199000 4097523 3531852 565671 1582679 1479466 103213 46035 3456 42579 142709 115600 27109 395000 395000 6825000 5594697 1230303 209000 209000 DEFERRED MARKETING COST 3014152 3014152 EQUIP REPAIRS & MAINT 394510 220431 174079 TELEPHONE 209540 137773 71767 ANNUITY PAYMENTS 188479 188479 116413 23534 86646 6233 40175137 29657394 10349842 167901 317472 635122 4125633 5769476 985274 4084975 42039 42039 11062 221591 179575038 85888987 86270053 93686051 39868602 37560766 2863364 2344090 644275 633958 4159946 262795 139287720 145240863 5110343 4090330 69232853 79544939 14964968 19455345 9910175 4143105 99218339 107233719 X 34521391 32387144 2153458 2225468 3394532 3394532 40069381 38007144 139287720 145240863 X -847315 -3589305 2950570 -576187 X 0 1 X 1 0 X 1194370 1493878 1448889 846480 1499990 6483607 33080711 34503865 34394388 34749753 35858739 172587456 34275081 35997743 35843277 35596233 37358729 179071063 809830 1482786 1262335 1285631 1276888 6117470 0 809830 1482786 1262335 1285631 1276888 6117470 172953593 950387 1010746 1018416 1072863 1459647 5512059 950387 1010746 1018416 1072863 1459647 5512059 338987 475961 427902 446899 54835 1744584 35564455 37484450 37289595 37115995 38873211 186327706 0.92820 0.92720 0.02960 0.02710 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2014 AMOUNT: $ 273,537. 2015 AMOUNT: $ 475,961. 2016 AMOUNT: $ 427,902. 2017 AMOUNT: $ 446,899. 2018 AMOUNT: $ 54,835. INSURANCE REIMBURSEMENT - 2014 AMOUNT: $ 65,450. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 4000 4000 0 PART II-B, LINE 1: PART OF THE DUES PAID BY THE ORGANIZATION TO THE STATE ASSOCIATION ARE TO FUND A LOBBYIST WHO SUPPORTS CAUSES OF THE ELDERLY IN THE LEGISLATURE. 4331000 18000 -53000 182000 4114000 3947000 92000 424000 132000 4331000 3729000 131000 290000 203000 3947000 3863000 187000 -95000 226000 3729000 4046000 103000 -122000 164000 3863000 0.82960 0.17040 0 0 10445222 10445222 84538926 43827167 40711759 39716890 21629963 18086927 24365545 18436959 5928586 20508455 1994898 18513557 93686051 RESERVATION DEPOSITS 682262 ANNUITIES RESERVE 2946490 INTEREST RATE SWAP 514353 4143105 X 39246000 45000 45000 39201000 126822 126822 39327822 40672000 496863 496863 40175137 0 40175137 PART V, LINE 4: INTENDED USES OF THE ORGANIZATION'S ENDOWMENT FUNDS: UNCOMPENSATED CARE, SCHOLARSHIPS, OPERATIONS, FITNESS PAVILION OPERATIONS, PUTTING GREEN MAINTENANCE, ETC. PART X, LINE 2: LA POSADA IS A NOT-FOR-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. IN ADDITION, LA POSADA QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 OF THE CODE AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME DETERMINED TO BE UNRELATED BUSINESS TAXABLE INCOME WOULD BE TAXABLE. NAKOMA SKY LLC IS A DISREGARDED ENTITY FOR INCOME TAX PURPOSES, AND ACCORDINGLY, ALL INCOME AND EXPENSES ARE PASSED THROUGH TO LA POSADA. THE ORGANIZATION EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. AT DECEMBER 31, 2018, MANAGEMENT BELIEVES IT DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. LA POSADA'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2015, 2016 AND 2017 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: LOSS ON ESCROW DEPOSIT 45,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENTS 125,152. ROUNDING 1,670. PART XII, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 828. CHANGE IN INTEREST RATE SWAP 451,035. LOSS ON ESCROW DEPOSIT 45,000. 1 GREEN VALLEY FIRE DISTRICT 3005 S CAMINO DEL SOL GREEN VALLEY AZ 85614 860526018 GOVERNMENT 60000 COMMUNITY SERVICE GREEN VALLEY-SAHUARITA COMMUNITY FOOD BANK 250 E CONTINENTAL GREEN VALLEY AZ 85614 510192519 501(C)(3) 30000 COMMUNITY SERVICE 2 SCHOLARSHIP ASSISTANCE 79 125015 INDIGENT CARE 7 225521 PART I, LINE 2: THE SCHOLARSHIP COMMITTEE FOLLOWS THE GUIDELINES ESTABLISHED BY THE ORGANIZATION TO AWARD AND MONITOR SCHOLARSHIPS GIVEN TO EMPLOYEES. TUITION PAYMENTS ARE MADE DIRECTLY TO THE SCHOOL. THE ORGANIZATION REIMBURSES FOR THE COST OF TEXTBOOKS BASED ON SUBMITTED RECEIPTS. IN ADDITION, THE ORGANIZATION AUDITS THE APPROPRIATENESS OF THE TEXTBOOK TO CLASS BY COMPARISON TO PUBLISHED COURSE REQUIREMENTS. COMMUNITY SERVICE GIFTS ARE BASED ON NEEDS IDENTIFIED BY THE ORGANIZATION IN THE LOCAL COMMUNITY. ONCE GRANTS ARE PAID NO FURTHER MONITORING IS CONSIDERED NECESSARY. X X X X 0 1 0 0 0 0 0 0 0 LISA H ISRAEL PRESIDENT/CEO 314121 0 0 0 0 0 9293 0 27080 0 350494 0 0 0 JONI CONDIT SR VP/COO/SECRETARY 213865 0 0 0 0 0 7207 0 14887 0 235959 0 0 0 PAUL S IDE SR VP, CFO, CIO 231834 0 0 0 0 0 37594 0 19027 0 288455 0 0 0 JIM CASANOVA VP HUMAN RESOURCES 152829 0 0 0 0 0 4834 0 18024 0 175687 0 0 0 PART I, LINE 4B THE ORGANIZATION HAS ESTABLISHED AN UNFUNDED 457(B) AND 457(F) DEFERRED COMPENSATION PLAN FOR THE ORGANIZATION'S SENIOR MANAGEMENT, WHICH IS BASED ON YEARS OF SERVICE AND A PROJECTED RETIREMENT DATE. BENEFITS ARE PAYABLE UPON TERMS AS STATED IN EACH INDIVIDUAL'S EMPLOYMENT CONTRACT. LISA ISRAEL, PRESIDENT & CEO: $ 68,541 JONI CONDIT, SRVP & COO: $ 60,946 PAUL IDE, SRVP & CFO & CIO $ 31,149 JONI CONDIT COO 5572865 SEE PART V 0 SCHEDULE L, PART IV THE ORGANIZATION HAS ENGAGED A CONSTRUCTION CONTRACTING FIRM FOR THE DEVELOPMENT OF NAKOMA SKY. THE PRESIDENT OF THE CONSTRUCTION CONTRACTING FIRM IS THE BROTHER-IN-LAW OF LA POSADA'S COO. X 3 100014 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 RETURN IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED IN DETAIL BY THE ORGANIZATION'S CEO AND CFO. A PUBLIC DISCLOSURE COPY OF THE RETURN IS THEN UPLOADED TO THE BOARD INTERNET PORTAL FOR REVIEW BY THE BOARD TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C A CONFLICT OF INTEREST COMPLIANCE REPORT IS COMPLETED ANNUALLY BY THE OFFICERS AND TRUSTEES. THE POLICY ADDRESSES CONTRACTS, TRANSACTIONS, AND FINANCIAL INTERESTS BETWEEN THE ORGANIZATION AND ITS BOARD AND OFFICERS. IF IT IS DETERMINED THAT THERE IS A CONFLICT, THE TRUSTEE ABSENTS THEMSELVES FROM THE DECISION-MAKING PROCESS. THERE IS A COMPLIANCE COMMITTEE CHAIRED BY THE PRESIDENT/CEO, THAT MEETS QUARTERLY TO REVIEW COMPLIANCE ISSUES INCLUDING CONFLICTS OF INTEREST AND ISSUES MINUTES. THERE IS ALSO A COMPLIANCE TELEPHONE HOT LINE, WHICH ALLOWS FOR ANONYMITY, THAT IS CHECKED AT LEAST WEEKLY FOR CALLS. DURING EACH ANNUAL PERFORMANCE REVIEW, A CODE OF CONDUCT AND COMPLIANCE GUIDELINE FORM IS DISCUSSED, REVIEWED AND SIGNED BY EACH EMPLOYEE. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMPENSATION IS EVALUATED ANNUALLY. THE LA POSADA BOARD OF TRUSTEES PERIODICALLY ENGAGES AN OUTSIDE COMPENSATION CONSULTANT, BUT MORE OFTEN USES DATA COLLECTED FROM INDUSTRY SURVEYS ON CEO PAY, BENEFITS AND AVERAGE ANNUAL INCREASES OTHERS ARE PROVIDING. WHEN AVAILABLE, THE BOARD HAS ANNUALLY UTILIZED THE INDUSTRY CEMO MARKET DATA. A LARSON ALLEN CONSULTANT WAS ENGAGED AT ONE POINT TO PROVIDE ADVICE ON SETTING THE COMPENSATION LEVELS OF OTHER EXECUTIVES AS A PERCENTAGE OF THE CEO. THIS IS THE RESPONSIBILITY OF THE CEO; HOWEVER, THE BOARD IS PERIODICALLY ADVISED OF THE RATES OF OTHERS. THE CEO UTILIZES MARKET DATA PROVIDED BY THE NATIONAL ASSOCIATION LEADINGAGE SURVEY AS WELL AS ANY OTHER SURVEYS BEING DONE BY GROUPS OF CCRCS ON THEIR OWN. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE CURRENT FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE IN THE ORGANIZATION'S LIBRARY. FORM 990, PART XI, LINE 9: CHANGE IN SPLIT INTEREST AGREEMENTS -125,152. CHANGE IN INTEREST RATE SWAP -451,035. NAKOMA SKY LLC 350 E MORNINGSIDE GREEN VALLEY AZ 85614 464811918 HOUSING & HEALTHCARE FOR SENIORS AZ 10000 23322000 N/A POSADA LIFE 350 E MORNINGSIDE ROAD GREEN VALLEY AZ 85614 813665904 SUPPORT - HOUSING & HEALTHCARE FOR SENIORS AZ 501(C)(3) LINE 12C, III-FI 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0