LA POSADA AT PARK CENTRE INC (EIN 860828160) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

JONI CONDIT

Phone

5206487901

Tax Period

2023-01-01 to 2023-12-31

LA POSADA AT PARK CENTRE INC, founded in 1996, is a mid-sized nonprofit in the Human Services sector that reported $51.2M in total revenue in fiscal year 2023.

Mission

LA POSADA MAXIMIZES THE HEALTH AND WELL-BEING OF SENIORS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,034,269

Program Service Revenue $45,602,841

Investment Income $2,425,842

Other Revenue $1,128,440

TOTAL REVENUE $51,191,392

Expense Breakdown

Grants Paid $94,749

Salaries & Benefits $27,587,255

Fundraising Expenses $74,895

Program Expenses $30,408,293

Other Expenses $22,086,228

TOTAL EXPENSES $49,768,232

Year-over-Year Comparison

	2023	2022	Change
Revenue	$51,191,392	$49,586,496	+0.0%
Expenses	$49,768,232	$71,042,637	-0.3%
Net Income	$1,423,160	$-21,456,141	-1.1%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

715

Volunteers

373

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✓ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$1,487,879

Total Directors

$443,272

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONI CONDIT	PRESIDENT/CEO	50.00	Officer Director	$385,386	$57,886	$443,272
SIMON DAVIS	CHAIR	2.50	Officer Director	$0	$0	$0
RICHARD DUCOTE	CHAIR ELECT	2.50	Officer Director	$0	$0	$0
JOHN STEPHENS	BOARD TRUSTEE (START 11/23)	2.50	Director	$0	$0	$0
DUANE BLUMBERG PHD	BOARD TRUSTEE	2.50	Director	$0	$0	$0
NANCY PUCKETT	BOARD TRUSTEE	2.50	Director	$0	$0	$0
PATTY SMALLSREED	BOARD TRUSTEE	2.50	Director	$0	$0	$0
WILL BENNETT	BOARD TRUSTEE (LEFT 2/23)	2.50	Director	$0	$0	$0
VIC FRESOLONE	BOARD TRUSTEE (LEFT 10/23)	2.50	Director	$0	$0	$0
PAUL S IDE	SR VP/CFO/CIO	50.00	Officer	$350,275	$59,156	$409,431
ELIZABETH ERNST	SRVP/COO	50.00	Officer	$207,167	$13,953	$221,120
PAUL LOOMANS	VP MARKETING	40.00	Officer	$184,567	$35,054	$219,621
JOHN COUTURE	SRVP/CHIEF OPERATING OFFIC	40.00	Officer	$45,000	$0	$45,000
CHRISTOPHER SIMON	SRVP/CFO	50.00	Officer	$21,817	$1,990	$23,807
ALEXIS MARTINEZ	DIRECTOR PUSCH RIDGE/RIS	40.00	Officer	$114,429	$11,199	$125,628
STEVE KOLNACKI	EXEC DIR OPERATIONS	50.00	Highest	$171,567	$38,544	$210,111
GERALD WEYGINT	DIR INFO TECHNOLOGY	40.00	Highest	$149,754	$26,679	$176,433
DAVID CURL	DIR FACILITIES	40.00	Highest	$131,916	$24,919	$156,835
CHRISTY SOMNER	DIRECTOR CARE MANAGEMENT	40.00	Highest	$128,184	$13,900	$142,084
LISA ISRAEL	PRESIDENT EMERITUS	2.50		$60,000	$40,432	$100,432

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$51,191,392	$49,768,232	$389,541,458	$1,423,160
2022	$49,586,496	$71,042,637	$365,192,303	$-21,456,141
2021	$47,958,568	$41,779,645	$182,054,249	$6,178,923
2020	$44,099,723	$39,571,645	$170,869,752	$4,528,078
2019	$44,221,016	$38,678,994	$159,032,094	$5,542,022
2018	$39,327,822	$40,175,137	$145,240,863	$-847,315

LA POSADA AT PARK CENTRE INC