NORTHERN ARIZONA SENIOR LIVING COMMUNITY LLC

EIN: 860906621 501(c)(3) Human Services

CHASKA, MN

Total Revenue
$12,798,184
Total Expenses
$14,589,458
Total Assets
$16,778,630
Net Assets
$-6,361,253
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Organization Details

Formation Year
1997
Legal Domicile
MN
Principal Officer
THOMAS A EGAN
Phone
9523618000
Tax Period
2023-01-01 to 2023-12-31

NORTHERN ARIZONA SENIOR LIVING COMMUNITY LLC, founded in 1997, is a mid-sized nonprofit in the Human Services sector that reported $12.8M in total revenue in fiscal year 2023. Expenses of $14.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO DEVELOP AND OPERATE A SENIOR LIVING AND MENTORING FACILITY.

Program Service Accomplishments

Program 1
Expenses: $10,434,890 Revenue: $12,722,089

THE PEAKS, FLAGSTAFF, ARIZONA, IS UNIQUE IN ITS COMMUNITY INVOLVEMENT IN THAT IT SHARES STRONG TIES WITH THE MUSEUM OF NORTHERN ARIZONA, AND FLAGSTAFF MEDICAL CENTER. THE PEAKS PROVIDES ITS...

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THE PEAKS, FLAGSTAFF, ARIZONA, IS UNIQUE IN ITS COMMUNITY INVOLVEMENT IN THAT IT SHARES STRONG TIES WITH THE MUSEUM OF NORTHERN ARIZONA, AND FLAGSTAFF MEDICAL CENTER. THE PEAKS PROVIDES ITS RESIDENTS, AS WELL AS CHILDREN IN THE AREA, WITH FULLY DEVELOPED INTERGENERATIONAL ACTIVITIES BENEFITING OLDER ADULTS AND CHILDREN ALIKE. THE PEAKS PROVIDES INDEPENDENT, ASSISTED LIVING, PROGRESSIVE MEMORY CARE, REHABILITATION, LONG-TERM CARE, AND SKILLED NURSING, WITH THE OPPORTUNITY FOR RESIDENTS TO "AGE IN PLACE." RESIDENTS ARE ENCOURAGED TO REMAIN IN THEIR APARTMENT HOMES RECEIVING ASSISTANCE WITH ACTIVITIES OF DAILY LIVING THROUGH PERSONALIZED LEVELS OF CARE. THE COMMUNITY WAS DEVELOPED THROUGH A NONPROFIT PARTNERSHIP BETWEEN INTERGENERATIONAL LIVING AND HEALTH CARE AND NORTHERN ARIZONA HEALTHCARE. FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023, THE PEAKS PARTICIPATED IN VARIOUS CHARITABLE INITIATIVES SUCH AS THE PROVISION OF DISCOUNTED CARE THROUGH PARTICIPATION IN THE ARIZONA STATE MEDICAID PROGRAM AND INDIAN HEALTH SERVICES. WE AVERAGE 15 MEDICAID PATIENTS IN OUR SKILLED NURSING FACILITY ON A DAILY BASIS. IN OUR LODGE WE AVERAGED 14 RESIDENTS ON A DAILY BASIS DISCOUNTING ELIGIBLE RESIDENT'S CARE BY $338,554 DURING 2023. WE HAVE A PARTNERSHIP WITH THE MUSEUM OF NORTHERN ARIZONA (MNA), WHICH SUPPORTS AN ART COLLECTION WITHIN THE PEAKS AND TWO MUSEUM DOCENT PROGRAMS. WE BELIEVE THIS ART ENRICHES THE LIVES OF OUR RESIDENTS AND THE COMMUNITY AS A WHOLE. THE PEAKS FUNDED: $400 TO AMERICAN CANCER SOCIETY; $1,000 TO SOROPTIMIST INTERNATIONAL OF THE ARIZONA; $500 TO COCONINO COMMUNITY COLLEGE FOUNDATION; AND $1,500 IN OTHER DONATIONS TO ORGANIZATIONS CONSISTENT WITH OUR PHILOSOPHY OF INTERGENERATIONAL CARE. NAU NURSING STUDENTS IN THE BACCALAUREATE PROGRAMS SERVE A PORTION OF THEIR INTERNSHIP IN THE PEAKS HEALTH & REHABILITATION. FUTURE CERTIFIED NURSING ASSISTANTS FROM COCONINO COMMUNITY COLLEGE SHADOW SNF CNA'S TO FULFIL PROGRAM GRADUATION REQUIREMENTS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $95,006
Program Service Revenue $12,722,089
Investment Income $-69,866
Other Revenue $50,955
TOTAL REVENUE $12,798,184

Expense Breakdown

Grants Paid $3,400
Salaries & Benefits $7,572,107
Fundraising Expenses $0
Program Expenses $10,434,890
Other Expenses $7,013,951
TOTAL EXPENSES $14,589,458

Year-over-Year Comparison

2023 2022 Change
Revenue $12,798,184 $12,362,553 +0.0%
Expenses $14,589,458 $13,370,717 +0.1%
Net Income $-1,791,274 $-1,008,164 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
283
Volunteers
220

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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIE A CLARKE MANAGER 1.00
Director
$0 $0 $0
LISA D DAVISON MANAGER 1.00
Director
$0 $0 $0
WENDY HARDEN MANAGER 1.00
Director
$0 $0 $0
JACOB LANSBURG MANAGER 1.00
Director
$0 $0 $0
CHRIS BAVASI CO-CHIEF EXECUTIVE OFFICER 1.00
Officer
$0 $0 $0
THOMAS A EGAN CO-CHIEF EXECUTIVE OFFICER 1.00
Officer
$0 $0 $0
MAY GRACE SUSON MDS COORDINATOR RN 40.00
Highest
$117,306 $18,720 $136,026
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 $12,798,184 $14,589,458 $16,778,630 $-1,791,274
2022 $12,362,553 $13,370,717 $19,129,783 $-1,008,164
2021 $14,931,148 $13,996,271 $21,182,635 $934,877
2020 $15,348,734 $15,135,046 $21,150,074 $213,688
2019 $15,109,315 $14,828,388 $20,867,237 $280,927
2018 $14,154,856 $14,712,332 $20,967,394 $-557,476
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