2024-11-15T14:13:32-06:00 2023-12-31 341884125 CBIZ ADVISORS LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2023-01-01 320680959 LA POSADA FOUNDATION LAPO 5206488100 350 E MORNINGSIDE RD GREEN VALLEY AZ 85614 CHRIS SIMON VP/CFO 5206488100 2024-11-15 1 1 AMY A O'LOUGHLIN P00869687 6022646835 2024-11-13 2023 2024-10-15 13:58:12Z JONI CONDIT 350 E MORNINGSIDE RD GREEN VALLEY AZ 85614 15379573 0 X N/A X 2022 AZ SUPPORT HOUSING & HEALTHCARE FOR SENIORS. 9 8 0 8 0 0 20118934 443980 0 0 557840 -606459 0 0 20676774 -162479 358844 759358 0 0 0 0 0 0 0 22779 111698 381623 871056 20295151 -1033535 19464287 21901876 40 75335 19464247 21826541 ASSIST IN THE DEVELOPMENT AND FUNDRAISING ACTIVITIES FOR THE LONG-TERM BENEFIT AND ENHANCEMENT OF THE MISSION OF THE LA POSADA COMMUNITIES, OR OTHER ORGANIZATIONS WHOSE MISSION ALIGNS WITH LA POSADA FOUNDATION. 0 0 759358 759358 MAINTAIN INSTITUTIONS FOR THE CARE OF PERSONS SUFFERING FROM ILLNESSES AND DISABILITIES AND TO ESTABLISH, SUPPORT AND MAINTAIN SENIOR/ELDER CARE AND RETIREMENT FACILITIES, INCLUDING, BUT NOT LIMITED TO, INDEPENDENT LIVING FACILITIES, ASSISTED LIVING FACILITIES, SKILLED NURSING FACILITIES AND INTERMEDIATE CARE FACILITIES AND TO PROVIDE RELATED SERVICES FOR THE ELDERLY/SENIORS, DISABLED AND RESIDENTS OF SENIOR/ELDER CARE AND RETIREMENT FACILITIES 759358 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X STACEY WAFFENSMITH 5206488100 350 E MORNINGSIDE RD GREEN VALLEY AZ 85614 JONI CONDIT PRESIDENT/CEO 2.00 40.00 X X 0 385386 57886 SIMON DAVIS CHAIR 2.00 2.50 X X 0 0 0 RICHARD DUCOTE VICE CHAIR 2.00 2.50 X X 0 0 0 DUANE BLUMBERG PHD DIRECTOR 1.00 2.50 X 0 0 0 NANCY PUCKETT DIRECTOR 1.00 2.50 X 0 0 0 PATTY SMALLSREED DIRECTOR 1.00 2.50 X 0 0 0 WILLIAM BENNETT DIRECTOR (LEFT 2/23) 1.00 2.50 X 0 0 0 VIC FRESOLONE DIRECTOR (LEFT 10/23) 1.00 2.50 X 0 0 0 JOHN STEPHENS DIRECTOR (START 11/23) 1.00 2.50 X 0 0 0 PAUL IDE SR VP/CFO/CIO 2.00 40.00 X 0 350275 59156 PAUL LOOMANS VP MARKETING 2.00 40.00 X 0 184567 35054 0 920228 152096 0 0 1 0 0 443980 443980 14935593 15542052 -606459 -606459 -606459 -162479 0 0 -606459 625517 625517 133841 133841 21000 21000 62388 62388 1255 1255 OTHER MISCELLANEOUS 27055 27055 871056 759358 111698 0 35492 323822 79057 56790 19349738 21521264 19464287 21901876 40 223 0 75112 40 75335 X 12639247 15001541 6825000 6825000 19464247 21826541 19464287 21901876 -1033535 3395790 39 0 X 0 0 0 X 20118934 443980 20562914 20118934 443980 20562914 20562914 582951 582951 21145865 X PART B, LINE 13 THIS IS THE SECOND YEAR OF THE ORGANIZATION, OPERATIONS BEGAN FEBRUARY 15, 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INTERCOMPANY - PARK CENTRE 75112 75112 1 LA POSADA AT PARK CENTRE 350 E MORNINGSIDE ROAD GREEN VALLEY AZ 85614 860828160 501(C)(3) 0 625516 SENIOR HOUSING, HEALTHCARE, AND COMMUNITY SERVICES SCHOLARSHIPS 68 133841 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. 0 0 0 0 0 0 0 0 0 JONI CONDIT PRESIDENT/CEO 0 346674 0 38712 0 0 0 31384 0 26502 0 443272 0 0 PAUL IDE SR VP/CFO/CIO 0 303434 0 46841 0 0 0 31345 0 27811 0 409431 0 0 PAUL LOOMANS VP MARKETING 0 166463 0 18104 0 0 0 5703 0 29351 0 219621 0 0 FORM 990, PART VI, SECTION A, LINE 3 LA POSADA AT PARK CENTRE INC PROVIDES ADMINISTRATIVE SUPPORT TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION HAS ONE MEMBER LA POSADA COMMUNITIES WHICH SHALL HAVE EXCLUSIVE AUTHORITY OVER THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, LA POSADA COMMUNITIES SHALL HAVE THE AUTHORITY TO MAKE OR APPROVAL ALL GOVERNING DECISIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7B THE CORPORATION HAS ONE MEMBER LA POSADA COMMUNITIES WHICH SHALL HAVE EXCLUSIVE AUTHORITY OVER THE ORGANIZATION. 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. A PUBLIC DISCLOSURE COPY OF THE RETURN IS THEN UPLOADED TO THE BOARD INTERNET PORTAL FOR REVIEW BY THE BOARD OF TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE SHALL DISCLOSE TO THE BOARD OF TRUSTEES ANY KNOWN CONFLICTING INTEREST SUCH TRUSTEE OR ANY OF SUCH TRUSTEE'S RELATED PERSONS HAVE WITH RESPECT TO A TRANSACTION EFFECTED OR PROPOSED TO BE EFFECTED BY THE CORPORATION, BY A SUBSIDIARY OF THE CORPORATION, OR BY ANY OTHER ENTITY IN WHICH THE CORPORATION HAS A CONTROLLING INTEREST. ANY TRUSTEE WITH A CONFLICTING INTEREST MUST MAKE THE FOLLOWING REQUIRED DISCLOSURES: A) THE EXISTENCE AND NATURE OF THE CONFLICTING INTEREST; AND B) ALL FACTS KNOWN TO THE TRUSTEE RESPECTING THE SUBJECT MATTER OF THE TRANSACTION THAT AN ORDINARILY PRUDENT PERSON WOULD REASONABLY BELIEVE TO BE MATERIAL TO A JUDGMENT ABOUT WHETHER OR NOT TO PROCEED WITH THE TRANSACTION. ANY TRUSTEE HAVING A CONFLICTING INTEREST SHALL ABSTAIN FROM VOTING ON THE PROPOSED TRANSACTION AND SHALL NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE VOTE ON THE PROPOSED TRANSACTION. IN ADDITION, HE OR SHE SHALL NOT USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, BUT MAY BRIEFLY STATE HIS OR HER POSITION ON THE MATTER AND MAY ANSWER PERTINENT QUESTIONS FROM OTHER TRUSTEES SINCE HIS OR HER KNOWLEDGE MAY BE OF GREAT ASSISTANCE. PURSUANT TO THE PROVISIONS OF ARIZONA NONPROFIT CORPORATION ACT ("ANCA"), A VOTE OF THE MAJORITY OF THE MEMBERS OF THIS CORPORATION HAVING NO CONFLICTING INTEREST (EACH A "DISINTERESTED TRUSTEE") WITH RESPECT TO A PROPOSED TRANSACTION MAY APPROVE A PROPOSED TRANSACTION IN WHICH A TRUSTEE HAS A CONFLICTING INTEREST. THE MINUTES OF THE MEETING INVOLVING ANY SUCH CONFLICTING INTEREST SHALL REFLECT WHETHER THE REQUIRED DISCLOSURES WERE MADE, WHETHER THE TRUSTEE WITH THE CONFLICTING INTEREST ABSTAINED FROM VOTING, AND THE QUORUM SITUATION. ALL CAPITALIZED TERMS USED IN THIS ARTICLE AND NOT OTHERWISE DEFINED IN THESE BYLAWS SHALL HAVE THE MEANING SET FORTH IN SECTIONS 10-3860 TO 10-3864 OF THE ANCA. THIS ARTICLE IS INTENDED TO SUPPLEMENT, BUT NOT REPLACE, ANY APPLICABLE FEDERAL OR STATE LAWS GOVERNING CONFLICTS OF INTEREST, INCLUDING BUT NOT LIMITED TO SECTIONS 10-3860 TO 10-3864 OF THE ANCA. A) THE BOARD OF TRUSTEES MAY, IN ITS DISCRETION ADOPT A COMPREHENSIVE CONFLICT OF INTEREST POLICY TO SUPPLEMENT OR SUPERSEDE THIS ARTICLE; PROVIDED, HOWEVER, THAT ANY SUCH CONFLICT OF INTEREST POLICY SHALL BE NO LESS STRINGENT THAN THE PROVISIONS OF THIS ARTICLE OR THE ANCA. 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. LA POSADA COMMUNITIES FKA POSADA LIFE 350 E MORNINGSIDE ROAD GREEN VALLEY AZ 85614 813665904 SUPPORT - HOUSING & HEALTHCARE FOR SENIORS AZ 501(C)(12) LINE 12C, III-FI N/A 0 POSADA LIFE HOLDINGS INC 350 E MORNINGSIDE ROAD GREEN VALLEY AZ 85614 320680959 TITLE HOLDING AZ 501(C)(2) N/A 0 LA POSADA AT PARK CENTRE INC 350 E MORNINGSIDE ROAD GREEN VALLEY AZ 85614 860828160 HOUSING & HEALTHCARE FOR SENIORS AZ 501(C)(3) LINE 10 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1