Santafe Senior Living Inc
- Assets
- $6.6m
- Revenue
- $4.9m
- Investments
- $119.6k
- Employees
- 19
- Location
- Gainesville, FL
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-3700526
Organization Overview
Santafe Senior Living Inc is located in Gainesville, FL. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Santafe Senior Living Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Santafe Senior Living Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Santafe Senior Living Inc generated $4.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.3% each year. All expenses for the organization totaled $3.6m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SANTAFE SENIOR LIVING, INC. CREATES AND SUSTAINS PREEMINENT SENIOR LIVING COMMUNITIES. THE PRIMARY EXEMPT PURPOSE OF SANTAFE SENIOR LIVING, INC. IS TO GOVERN AND CARRY OUT THE PURPOSES OF A SYSTEM OF TAX-EXEMPT CHARITABLE ORGANIZATIONS THAT ACQUIRE, OWN, OPERATE, AND MAINTAIN FACILITIES AND SERVICES DESIGNED TO MEET THE PHYSICAL, SOCIAL, EMOTIONAL AND SPIRITUAL NEEDS OF SENIOR INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR, SANTAFE SENIOR LIVING, INC. PROVIDED OVERSIGHT GOVERNANCE AND DEVELOPMENT PLANNING SERVICES TO BONITA SPRINGS RETIREMENT VILLAGE, INC. (DBA THE TERRACES AT BONITA SPRINGS). THE TERRACES AT BONITA SPRINGS SERVED AN AVERAGE PER DAY OF 157 SENIOR CITIZEN RESIDENTS WITH HOUSING, HEALTH CARE AND RELATED SERVICES DURING 2022.DURING THE YEAR, SANTAFE SENIOR LIVING, INC. PROVIDED OVERSIGHT GOVERNANCE AND DEVELOPMENT PLANNING SERVICES TO NORTH FLORIDA RETIREMENT VILLAGE, INC. (DBA THE VILLAGE). THE VILLAGE SERVED AN AVERAGE PER DAY OF 602 SENIOR CITIZEN RESIDENTS WITH AROUND THE CLOCK HOUSING, ASSISTED LIVING AND RELATED SERVICES DURING 2022.DURING THE YEAR, SANTAFE SENIOR LIVING, INC. PROVIDED OVERSIGHT GOVERNANCE AND DEVELOPMENT PLANNING SERVICES TO EAST RIDGE RETIREMENT VILLAGE, INC. EAST RIDGE RETIREMENT VILLAGE, INC. SERVED AN AVERAGE PER DAY OF 342 SENIOR CITIZEN RESIDENTS WITH HOUSING, HEALTH CARE AND RELATED SERVICES DURING 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence G Schreiber Chief Executive Officer/director | OfficerTrustee | 1 | $0 |
Steven M Ziegler Assistant Secretary | Officer | 1.5 | $0 |
Randall L Stuart Assistant Treasurer (thru 3/31/22) | Officer | 1.5 | $0 |
Philip G Bowling Assistant Treasurer | Officer | 1.5 | $0 |
Ronald E Jennette President | Officer | 5 | $0 |
Rebecca J Catalanotto Executive Director - Nfrv, Inc. | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Santafe Management Services Llc Management & Administrative | 12/30/22 | $1,090,705 |
Santafe Healthcare Inc Management & Administrative | 12/30/22 | $351,534 |
Sage Age Strategies Inc Branding & Marketing Services | 12/30/22 | $230,439 |
Dla Piper Llp Legal Services | 12/30/22 | $112,652 |
Msl Pa Accounting Services | 12/30/22 | $194,522 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,676,700 |
| Investment income | $173,679 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,008 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,851,387 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,486,455 |
| Pension plan accruals and contributions | $39,226 |
| Other employee benefits | $118,841 |
| Payroll taxes | $112,795 |
| Fees for services: Management | $1,514,429 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,377 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,114 |
| Fees for services: Other | $188,628 |
| Advertising and promotion | $0 |
| Office expenses | $8,435 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $40,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $171 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,261 |
| Insurance | $2,862 |
| All other expenses | $0 |
| Total functional expenses | $3,573,683 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $679,024 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $5,469,846 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $13,511 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $119,573 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $357,915 |
| Total assets | $6,639,869 |
| Accounts payable and accrued expenses | $209,856 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,801,239 |
| Total liabilities | $10,011,095 |
| Net assets without donor restrictions | -$3,375,941 |
| Net assets with donor restrictions | $4,715 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $6,639,869 |