2025-11-17T13:50:55-06:00 2024-12-31 341884125 CBIZ ADVISORS LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2024-01-01 320680959 LA POSADA FOUNDATION LAPO 5206484054 350 E MORNINGSIDE RD GREEN VALLEY AZ 85614 CHRIS SIMON VP/CFO 5206488100 2025-11-16 1 1 AMY A O'LOUGHLIN P00869687 6022646835 2025-11-16 2024 2025-03-06 01:10:19Z JONI CONDIT 350 E MORNINGSIDE RD GREEN VALLEY AZ 85614 14816072 0 X N/A X 2022 AZ SUPPORT HOUSING & HEALTHCARE FOR SENIORS. 6 5 0 5 0 0 443980 666391 0 0 -606459 2328677 0 0 -162479 2995068 759358 256036 0 0 0 130518 0 0 81416 111698 226281 871056 612835 -1033535 2382233 21901876 25786061 75335 268733 21826541 25517328 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 388294 256036 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. 388294 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 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 3 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 1 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X CHRIS SIMON 5206484054 350 E MORNINGSIDE RD GREEN VALLEY AZ 85614 JONI CONDIT PRESIDENT/CEO 2.00 50.00 X X 0 405572 49766 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 (RETIRED 10/2024) 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 JOHN STEPHENS DIRECTOR 1.00 2.50 X 0 0 0 CHRISTOPHER SIMON SRVP/CFO 2.00 50.00 X 0 232798 27278 BETH ERNST SVP/COO 2.00 50.00 X 0 317656 37487 PAUL IDE SR VP/CFO/CIO 2.00 50.00 X 0 258311 6587 PAUL LOOMANS VP MARKETING 2.00 50.00 X 0 190489 23250 0 1404826 144368 0 0 1 0 0 666391 666391 583889 583889 13565792 11821004 1744788 1744788 1744788 2995068 0 0 2328677 120075 120075 135961 135961 130518 50619 79899 15015 15015 111280 111280 9939 8464 1475 5002 4260 742 MISCELLANEOUS 71264 60691 10573 BOOKS AND SUBSCRIPTIONS 7344 6975 369 PRINTING 6437 1249 3671 1517 612835 388294 143125 81416 323822 517325 56790 877061 21521264 24391675 21901876 25786061 223 10554 75112 258179 75335 268733 X 15001541 17301629 6825000 8215699 21826541 25517328 21901876 25786061 2382233 1308554 0 X 1 X 0 1 0 X 20118934 443980 666391 21229305 20118934 443980 666391 21229305 21229305 582951 583889 1166840 22396145 X PART B, LINE 13 THIS IS THE THIRD YEAR OF THE ORGANIZATION, OPERATIONS BEGAN FEBRUARY 15, 2022. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5182790 5200 628383 100658 5715715 4786974 3500 509954 117638 5182790 4895295 -83439 24882 4786974 0.68240 0.31760 0 0 0 INTERCOMPANY - PARK CENTRE 258179 258179 X PART V, LINE 4: ENDOWMENT FUNDS ARE INTENDED TO BE USED TO SUPPORT LA POSADA'S CHARITABLE PURPOSE. PART X, LINE 2: LA POSADA FOUNDATION 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, THE FOUNDATION 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. THE FOUNDATION 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, 2024 AND 2023, MANAGEMENT BELIEVES IT DID NOT HAVE ANY UNCERTAIN TAX POSITIONS. THE FOUNDATION'S FEDERAL RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX (FORM 990) IS SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER FILING. AS OF DECEMBER 31, 2024, THE RETURNS FOR 2022 AND 2023 REMAIN SUBJECT TO EXAMINATION. 1 LA POSADA AT PARK CENTRE 350 E MORNINGSIDE ROAD GREEN VALLEY AZ 85614 860828160 501(C)(3) 120000 0 SENIOR HOUSING, HEALTHCARE, AND COMMUNITY SERVICES 1 SCHOLARSHIPS 91 135961 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 1 0 JONI CONDIT PRESIDENT/CEO 0 364014 0 41558 0 0 0 33323 0 16443 0 455338 0 0 BETH ERNST SVP/COO 0 293904 0 23752 0 0 0 22297 0 15190 0 355143 0 0 PAUL IDE SR VP/CFO/CIO 0 126681 0 28269 0 103361 0 5117 0 1470 0 264898 0 103361 CHRISTOPHER SIMON SRVP/CFO 0 230127 0 2671 0 0 0 6122 0 21156 0 260076 0 0 PAUL LOOMANS VP MARKETING 0 170446 0 20043 0 0 0 5861 0 17389 0 213739 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDES NON-FIXED PAYMENTS TO EMPLOYEES BASED ON MEETING ORGANIZATIONAL GOALS. THE CEO'S BONUS IS APPROVED BY THE BOARD OF DIRECTORS. OTHER BONUS PAYMENTS ARE AT THE DISCRETION OF THE CEO. PART 1, LINE 3: ALL DIRECTORS ARE PAID BY LA POSADA AT PARK CENTRE (LA POSADA) ACCORDING TO THE GUIDELINES OF THE ORGANIZATION'S COMPENSATION PLAN. NONE OF THE COMPENSATION PAID BY LA POSADA IS DIRECTLY RELATED TO THE DUTIES PERFORMED AS DIRECTORS AND OFFICERS OF POSADA LIFE HOLDINGS. THE ORGANIZATION HAS ESTABLISHED AN UNFUNDED 457(B) 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. JONI CONDIT, PRESIDENT & CEO: $ 23,042 PAUL IDE, SR VP, CFO & CIO: $ 3,833 CHRISTOPHER SIMON, SR VP & CFO: $ 1,958 BETH ERNST, SVP & COO: $ 15,375 THE FOLLOWING HAVE RECEIVED PAYMENTS FROM THE ORGANIZATION FOR THEIR 457(B) DEFERRED COMPENSATION PLAN ACCOUNT IN FULL PAYMENT OF FUNDS INVESTED. PAUL IDE, SRVP & CFO & CIO $103,361 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 CFO. 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