St Francis Life Care Corporation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Englewood, CO
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 22-2536017
Organization Overview
St Francis Life Care Corporation, operating under the name Franciscan Oaks, is located in Englewood, CO. The organization was established in 1946. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Franciscan Oaks is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ST. FRANCIS LIFE CARE CORPORATION (OPERATED AS FRANCISCAN OAKS) WAS A 501(C)(3) CONTINUING CARE RETIREMENT COMMUNITY (CCRC) WITH 286 INDEPENDENT LIVING UNITS, 34 ASSISTED LIVING UNITS AND 84 SKILLED NURSING BEDS. FRANCISCAN OAKS OFFERED A VARIETY OF DIFFERENT PROGRAMS THAT WERE DESIGNED TO MEET THE PHYSICAL, EMOTIONAL, RECREATIONAL AND SOCIAL NEEDS OF THE ELDERLY. THE ORGANIZATION GAVE BACK TO THE COMMUNITY THROUGH SUCH PROGRAMS AS FOOD AND CLOTHING DRIVES. FRANCISCAN OAKS OPERATED AT THE LOWEST FEASIBLE COST WHILE TAKING INTO ACCOUNT CASH FLOW REQUIREMENTS SUCH AS PAYMENT OF INDEBTEDNESS. ITS ENTRANCE FEES AND MONTHLY CHARGES WERE SET AT RATES THAT WERE GENERALLY AFFORDABLE IN THE COMMUNITY, WITH CERTAIN ENTRANCE FEES BEING REFUNDABLE. THIS PRICING STRUCTURE ENSURED THAT FRANCISCAN OAKS REACHED THE BROADEST PORTION OF THE COMMUNITY POSSIBLE. FRANCISCAN OAKS WAS COMMITTED TO THE ESTABLISHED POLICY OF MAINTAINING, IN RESIDENCE, ANY PERSON WHO WAS UNABLE TO PAY THEIR REGULAR CHARGES BY USING THE ORGANIZATIONS OWN RESERVES OR SOLICITING FUNDS FROM ITS SPONSORING ORGANIZATION OR THE GENERAL PUBLIC. ST. FRANCIS LIFE CARE CORPORATION SOLD ITS ASSETS TO SPRINGPOINT SENIOR LIVING INC. ON MAY 5, 2016 AND CEASED OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Schumacher Chairperson | 1 | $0 | |
Mark Mcginnis Vice Chair/ Treasurer | 1 | $0 | |
Mark Parrington Secretary | 1 | $0 | |
Jonathan Timmis President | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fti Consulting Consulting Services | 6/29/17 | $305,697 |
Barrier Free Construction & Maint General Contractor | 6/29/17 | $246,723 |
Generation Pharmacy Group Pharmacy Supplies | 6/29/17 | $222,375 |
Sysco Metro New York Resident Food Vendor | 6/29/17 | $134,204 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |