Institute For Senior Living
- Assets
- $78.7k
- Revenue
- $200.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Granite Bay, CA
- Founding
- 08/2009
- Data as of
- 06/2023
- EIN
- 30-0567181
Organization Overview
Institute For Senior Living, operating under the name Institute For Innovation Strategy And Leadership, is located in Granite Bay, CA. The organization was established in 2009. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Institute For Innovation Strategy And Leadership 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 06/2023, Institute For Innovation Strategy And Leadership generated $200.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.7% each year . All expenses for the organization totaled $163.9k during the year ending 06/2023. While expenses have increased by 18.4% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ISL IS A THINK-AND-ACT TANK OF THOUGHT LEADERS FOCUSED ON INNOVATION, STRATEGY AND LEADERSHIP TO GENERATE IDEAS AND ACT AS A CATALYST TO ADVANCE CHANGE AND SOLUTIONS TO OPTIMIZE THE AGING EXPERIENCE, IMPROVE THE QUALITY OF LIFE OF OLDER ADULTS AND DISPEL MISPERCEPTIONS ABOUT AGING AND AGING SERVICES. IT HELPS ITS MEMBERS STAY INFORMED, GAIN TRUSTED PEER INSIGHTS, AND BECOME INSPIRED TO ADVANCE CHANGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE INSTITUTE HELD FOUR CEO THOUGHT-LEADERSHIP ROUNDTABLES WITH 20 OR MORE PARTICIPANTS IN EACH. GUEST FACULTY AND EXPERT SPEAKERS AS WELL AS TECHNOLOGY AND OTHER INNOVATORS WERE SECURED TO PROVIDE CUTTING-EDGE THOUGHT-LEADERSHIP CONTENT THAT THE MEMBERS DISCUSSED AND APPLIED TO THE SENIOR CARE SECTOR. THIS PRESENTATIONS, TOURS, DEMONSTRATIONS AND DISCUSSION WHICH IMPACTED THE LEADERSHIP AND STRATEGIC DECISIONS THE CEO MEMBERS MADE FOR THE BETTERMENT OF THE OLDER ADULTS THEY SERVE AND THE STAFF WHO PROVIDE CARE. NEW COLLABORATIONS AND INNOVATION PROJECTS WERE SPAWNED FROM THE ROUNDTABLES. THE INSTITUTE HELD SEVERAL OTHER AD-HOC MEETINGS TO ADVANCE ITS MISSION.
PERFORMED REGULAR BUSINESS ACTIVITIES / EXPENSES INCLUDING: BANKING FEES / CHECKS, REGISTRATION AND TAX FILING FEES, GRAPHIC DESIGN, INSURANCE, AND TECH SOFTWARE.
EXECUTIVE DIRECTOR: CONDUCTED EXTENSIVE RESEARCH TO DISCOVER THE LATEST INNOVATIONS AND THOUGHT ADVANCEMENTS WITHIN THE FIELD OF AGING SERVICES AND FROM OTHER INDUSTRIES TO INFORM, INSPIRE AND CATALYZE INTO ACTION THE ORGANIZATION'S MEMBERS. THESE CEOS AND THOUGHT LEADERS SERVE HUNDREDS OF THOUSANDS OF OLDER ADULTS THROUGHOUT THE UNITED STATES. THE INFORMATION, INSPIRATION AND COLLABORATIVE ACTION DISCUSSIONS ARE DELIVERED AT THE AFOREMENTIONED ROUNDTABLES AS WELL AS OTHER VIRTUAL GATHERINGS EACH YEAR, INCLUDING BY GUEST SPEAKERS AND FACULTY. THE EXECUTIVE DIRECTOR ALSO CONDUCTED PLANNING FOR A LEARNING JOURNEY TO JAPAN TO BE TAKEN NEXT YEAR, TO LEARN FROM THE JAPANESE CULTURE, GOVERNMENTAL POLICIES AND INNOVATIVE CARE PROVIDERS ON HOW TO BETTER PRIORITIZE AND PROVIDE INNOVATIVE CARE FOR ELDERS.
BOOKS AND READINGS TO INFORM AND INSPIRE MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Peifer Executive Director | 15 | $121,905 | |
Grace Li Director | Trustee | 0.25 | $0 |
J Tom Briody Director | Trustee | 0.25 | $0 |
Adriene Iverson President | Officer | 0.25 | $0 |
Cheryl Wilson Treasurer | Officer | 0.25 | $0 |
Lawrence Garcia Secretary | Officer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $200,000 |
| 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 | $200,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $200,000 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $121,905 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $588 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,616 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,187 |
| All other expenses | $0 |
| Total functional expenses | $163,909 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,706 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $78,706 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $78,706 |
| Total liabilities and net assets/fund balances | $78,706 |