2020-11-12T15:36:24-06:00 2019-12-31 341884125 CBIZ MHM LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2019-01-01 860828160 LA POSADA AT PARK CENTRE INC LAPO 5206488100 350 E MORNINGSIDE GREEN VALLEY AZ 85614 PAUL IDE VP/CFO 5206488100 2020-11-12 1 AMY A O'LOUGHLIN P00869687 6022646835 2020-11-12 12.221.96.220 2020-11-12 13:18:23 MS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 1212D86953DF9911D4E957E54162B84DD93DFAA7 2019 2021-01-29 14:40:06Z JONI CONDIT 350 E MORNINGSIDE GREEN VALLEY AZ 85614 54713302 0 X WWW.LAPOSADAGV.COM X 1996 AZ HOUSING AND HEALTHCARE FOR SENIORS. LA POSADA MAXIMIZES THE HEALTH AND WELL-BEING OF SENIORS. 7 6 809 400 474507 -143205 1499990 2233347 35405318 38956404 1876965 1835729 545549 1195536 39327822 44221016 449320 490814 0 0 20569905 21053321 0 0 157258 19155912 17134859 40175137 38678994 -847315 5542022 145240863 159032094 107233719 113895958 38007144 45136136 X HOUSING AND HEALTHCARE FOR SENIORS. LA POSADA MAXIMIZES THE HEALTH AND WELL-BEING OF SENIORS. 0 0 17050712 23140625 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 693 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 $2,800,000 IN DEFERRED MARKETING COSTS IN 2019. 8159060 10681026 LA POSADA PROVIDED ASSISTED LIVING SUITES TO 178 INDIVIDUALS PROVIDING THEM MORE HEALTH CARE AND ASSISTANCE WITH DAILY ACTIVITIES THAN NEEDED BY THOSE INDIVIDUALS IN THE INDEPENDENT HOUSING. THIS INCLUDES 41 PEOPLE IN A DEDICATED MEMORY CARE FACILITY, 39 IN HIGH ACUITY FACILITY, AND 98 IN A SOCIAL CARE FACILITY. 1225225 1603942 HOME AND COMMUNITY BASED, THE ORGANIZATION PROVIDED 3,743 PERSON DAYS OF ADULT DAY CARE ON SITE FOR MENTALLY FRAIL ELDERLY; PROVIDED 5,400 NO CHARGE SENIOR LUNCHES ON SITE; PROVIDED 14,460 DAYS OF CHILD CARE ON SITE; AND PROVIDED 498 COUNSELING SESSIONS ON SITE. MANY SERVICES ARE SUBSIDIZED BY GRANTS AND DONATIONS AS WELL. THE COMMUNITY CONNECT APPLICATION FOR THE SMART PHONE HAD 2300 USERS CONNECTING PEOPLE TO AVAILABLE SERVICES IN GREEN VALLEY. 1045414 490814 3530811 OUTPATIENT CARE WAS PROVIDED FOR 750 PATIENTS AND MORE THAN 30,000 UNITS OF OUTPATIENT THERAPY.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. 1045414 490814 3530811 27480411 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 1 153 0 1 809 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 X PAUL IDE 5206487901 350 E MORNINGSIDE GREEN VALLEY AZ 85614 JONI CONDIT PRESIDENT/CEO 50.00 1.00 X X 492690 0 70910 LISA H ISRAEL RETIRED 419 PRESIDENT EMERITUS 50.00 1.00 X X 450336 0 70398 PAUL S IDE SR VP/CFO/CIO 50.00 1.00 X 450127 0 67591 JIM CASANOVA SR VP HR/FOUNDATION/RISK MGT 50.00 X 171471 0 23460 STEVE KOLNACKI EXEC DIR OPERATIONS 50.00 X 143958 0 21801 JERRY WEYGINT DIR INFO TECHNOLOGY 40.00 X 119163 0 19441 MARY JO ERICKSON COUNSELOR 50.00 X 116326 0 9419 DAVID CURL DIR FACILITIES 40.00 X 114858 0 16205 PAUL LOOMANS VP MARKETING 40.00 X 106714 0 19187 WILL BENNETT BOARD TRUSTEE 2.50 1.00 X 0 0 0 DUANE BLUMBERG BOARD TRUSTEE 2.50 1.00 X 0 0 0 SIMON DAVIS VICE CHAIR 2.50 1.00 X X 0 0 0 RICHARD DUCOTE BOARD TRUSTEE 2.50 1.00 X 0 0 0 VIC FRESOLONE BOARD TRUSTEE 2.50 1.00 X 0 0 0 JANE LATEER CHAIR 2.50 1.00 X X 0 0 0 JOHN STEPHENS LEFT 519 BOARD TRUSTEE 2.50 1.00 X 0 0 0 KATHY WARD LEFT 519 BOARD TRUSTEE 2.50 1.00 X 0 0 0 PAULA DONLEY LEFT 919 BOARD TRUSTEE 2.50 X 0 0 0 2165643 0 318412 12 0 1 0 SYSCO ARIZONA 611 S 80TH AVE TOLLESON AZ 85353 FOOD SERVICE 1883802 MERIT FOODS OF ARIZONA 1471 W COMMERCE CT TUCSON AZ 85746 FOOD SERVICE 293519 WAXIE SANITARY 4136 E MCDOWELL RD MESA AZ 85215 JANITORIAL 237186 UNWIRED ENGINEERING 7 E CHANDLER BLVD CHANDLER AZ 85225 IT CONSULTING 206826 THE ULTIMATE SOFTWARE 2375 E CAMELBACK RD PHOENIX AZ 85016 IT CONSULTING 151139 6 2233347 226276 2233347 MONTHLY SVS FEE 623000 24004229 24004229 HIGH NEEDS & ASST LIVI 623000 10120789 10120789 EARNED ENT FEES 623000 2375145 2375145 HOME & COMMUNITY 623000 1305284 1305284 O/P REHABILITATION 623000 654686 654686 496271 496271 38956404 1487808 1487808 10840207 10492286 347921 347921 347921 JAVA SHOPPE 722515 432986 432986 CATERING 722320 26250 26250 MEDICAL BLDG REV 531120 15271 15271 721029 721029 1195536 44221016 38956404 474507 2556758 134108 134108 356706 356706 1564624 1527544 37080 15345973 11482630 3791206 72137 507164 364010 137936 5218 2337243 1731924 593881 11438 1298317 883078 406884 8355 60931 60931 49460 49460 150992 150992 1861265 573159 1271806 16300 230000 230000 3961637 3086694 871643 3300 1577401 1490812 86589 40449 4764 35685 153947 111222 42725 813692 813692 6637327 5609231 1028096 445788 445788 EQUIP REPAIRS & MAINT 450215 297766 152449 TELEPHONE 195862 122392 73470 ANNUITY PAYMENTS 169948 169948 DUES/MEMBERSHIP/TAXES 45041 7817 37224 290904 240458 47016 3430 38678994 27480411 11041325 157258 635122 11798451 5769476 2707892 500000 4084975 1495245 42039 42039 221591 120997 186994734 92526315 93686051 94468419 37560766 44194597 2344090 2796862 633958 644797 262795 262795 145240863 159032094 4090330 3245493 79544939 80264744 19455345 19146701 4143105 11239020 107233719 113895958 X 32387144 37641590 5620000 7494546 38007144 45136136 145240863 159032094 X 5542022 5241510 -3654540 X 0 1 X 1 0 X 1493878 1448889 846480 1499990 2233347 7522584 34503865 34394388 34749753 35858739 38956404 178463149 35997743 35843277 35596233 37358729 41189751 185985733 1482786 1262335 1285631 1276888 1284170 6591810 0 1482786 1262335 1285631 1276888 1284170 6591810 179393923 1010746 1018416 1072863 1459647 1487808 6049480 1010746 1018416 1072863 1459647 1487808 6049480 475961 427902 446899 54835 721029 2126626 37484450 37289595 37115995 38873211 43398588 194161839 0.92390 0.92820 0.03120 0.02960 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 475,961. 2016 AMOUNT: $ 427,902. 2017 AMOUNT: $ 446,899. 2018 AMOUNT: $ 54,835. 2019 AMOUNT: $ 721,029. INSURANCE REIMBURSEMENT - 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. 4114000 514000 548000 166000 5010000 4331000 18000 -53000 182000 4114000 3947000 92000 424000 132000 4331000 3729000 131000 290000 203000 3947000 3863000 187000 -95000 226000 3729000 0.78380 0.21620 0 0 15175977 15175977 84542616 46616585 37926031 43573984 23831932 19742052 25193128 19904738 5288390 18509029 2173060 16335969 94468419 RESERVATION DEPOSITS 7292119 ANNUITIES RESERVE 2806469 INTEREST RATE SWAP 1140432 11239020 X 43605000 0 43605000 150992 465024 616016 44221016 41718000 3426962 3426962 38291038 150992 236964 387956 38678994 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, 2019, MANAGEMENT BELIEVES IT DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. LA POSADA'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS (FORM 990) FOR 2016, 2017 AND 2018 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: CHANGE IN SPLIT INTEREST AGREEMENTS 227,682. ROUNDING 378. GOOD NEIGHBOR FUND INCLUDED IN CONTRIBUTION REVENUE 236,964. PART XII, LINE 2D - OTHER ADJUSTMENTS: ROUNDING 883. CHANGE IN INTEREST RATE SWAP 626,079. LOSS ON IMPAIRMENT 2,800,000. PART XII, LINE 4B - OTHER ADJUSTMENTS: GOOD NEIGHBOR FUND INCLUDED IN CONTRIBUTION REVENUE 236,964. 1 GREEN VALLEY FIRE DISTRICT 3005 S CAMINO DEL SOL GREEN VALLEY AZ 85614 860526018 GOVERNMENT 42163 COMMUNITY SERVICE GREEN VALLEY-SAHUARITA COMMUNITY FOOD BANK 250 E CONTINENTAL GREEN VALLEY AZ 85614 510192519 501(C)(3) 80004 COMMUNITY SERVICE 2 SCHOLARSHIP ASSISTANCE 85 141346 INDIGENT CARE 4 215360 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 JONI CONDIT PRESIDENT/CEO 270288 0 0 0 222402 0 51217 0 19693 0 563600 0 222402 0 LISA H ISRAEL RETIRED 419 PRESIDENT EMERITUS 127192 0 0 0 323144 0 54138 0 16260 0 520734 0 323144 0 PAUL S IDE SR VP/CFO/CIO 238741 0 0 0 211386 0 47867 0 19724 0 517718 0 211386 0 JIM CASANOVA SR VP HR/FOUNDATION/RISK MGT 171471 0 0 0 0 0 4859 0 18601 0 194931 0 0 0 STEVE KOLNACKI EXEC DIR OPERATIONS 143958 0 0 0 0 0 5039 0 16762 0 165759 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. THE THREE 457(F) PLANS MATURED IN 2019 AT THE COMPLETION OF 15 YEARS OF SERVICE. LISA ISRAEL, PRESIDENT & CEO: $ 68,541 JONI CONDIT, SRVP & COO: $ 60,946 PAUL IDE, SRVP & CFO & CIO $ 31,149 JONI CONDIT CEO 413348 SEE PART V 0 SCHEDULE L, PART IV THE ORGANIZATION HAS ENGAGED A CONSTRUCTION CONTRACTING FIRM FOR THE DEVELOPMENT OF NAKOMA SKY AND FOR THE PAVILION HOMES ON THE GREEN VALLEY CAMPUS. THE PRESIDENT OF THE CONSTRUCTION CONTRACTING FIRM IS THE BROTHER-IN-LAW OF LA POSADA'S CEO X 4 226276 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 -227,682. CHANGE IN INTEREST RATE SWAP -626,079. LOSS ON IMPAIRMENT -2,800,000. ROUNDING -779. NAKOMA SKY LLC 350 E MORNINGSIDE GREEN VALLEY AZ 85614 464811918 HOUSING & HEALTHCARE FOR SENIORS AZ 0 20842000 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