Fsl Home Improvements is located in Phoenix, AZ. The organization was established in 1946. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Fsl Home Improvements employed 34 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fsl Home Improvements 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 06/2022, Fsl Home Improvements generated $19.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $18.8m during the year ending 06/2022. While expenses have increased by 21.1% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOME AND COMMUNITY-BASED SERVICES AND DEVELOP ENERGY-EFFICIENT, AFFORDABLE HOUSING TO PROMOTE HEALTH, INDEPENDENCE AND DIGNITY FOR ALL.
Describe the Organization's Program Activity:
THROUGH ITS AFFILIATES, FOUNDATION FOR SENIOR LIVING (FSL) HAS BEEN CARING FOR ARIZONANS SINCE 1974. WE PROVIDE A SAFE HOME FOR NEARLY 1,200 ARIZONANS EACH NIGHT THROUGH THE DEVELOPMENT OF BOTH SINGLE- AND MULTI-FAMILY HOMES AND THE MANAGEMENT OF MULTI-FAMILY AFFORDABLE HOUSING COMPLEXES AND RESIDENTIAL BEHAVIORAL HEALTH GROUP HOMES. ADDITIONALLY, WE TRAIN AND MONITOR SPONSORS OF THE ADULT FOSTER CARE AND ADULT BEHAVIORAL HEALTH THERAPEUTIC HOME PROGRAMS. IN FISCAL YEAR 2021-22, WE PROVIDED MORE THAN 560,000 MEALS TO FAMILIES IN NEED VIA OUR RURAL FOOD PANTRIES, CONGREGATE AND HOME-DELIVERED MEAL PROGRAMS. (CONTINUED ON SCHEDULE O)HOME AND COMMUNITY-BASED SERVICES ARE PROVIDED TO ENHANCE INDEPENDENCE FOR PEOPLE OF ALL AGES, INCLUDING ADULT DAY HEALTH CARE AND HOME HEALTH CARE FOR PATIENTS REQUIRING 24-HOUR NURSING SUPERVISION. MOREOVER, WE SUPPORT FAMILY CAREGIVERS THROUGH COMPLIMENTARY EDUCATIONAL OFFERINGS, CONNECTIONS TO COMMUNITY RESOURCES, AND NEARLY 200,000 HOURS OF RESPITE CARE. THE COVID PANDEMIC CONTINUED TO IMPACT MANY OF FSL'S PROGRAMS AND SERVICES WITH SOME SEEING AN INCREASE IN DEMAND AND OTHERS A REDUCTION IN UTILIZATION DUE TO SOCIAL DISTANCING REQUIRMENTS AND/OR WORKFORCE CHALLENGES. TO LEARN MORE ABOUT HOW THE PANDEMIC HAS IMPACTED VARIOUS PROGRAMS, PLEASE SEE SCHEDULE R FOR RELATED ENTITIES.SINCE 2002, FSL HOME IMPROVEMENTS HAS BEEN PROVIDING EMERGENCY, MINOR AND MAJOR REPAIRS, RENOVATIONS AND ENERGY CONSERVATION SERVICES TO LOW INCOME HOUSEHOLDS THROUGHOUT MARICOPA COUNTY. IN FYE 2022, FSL HOME IMPROVEMENTS SERVED 1,295 HOUSEHOLDS. AS THE ARIZONA SPONSOR OF THE HOME PERFORMANCE WITH ENERGYSTAR PROGRAM WE REPORTED 932 ENERGY AUDITS TO THE ENVIRONMENTAL PROTECTION AGENCY. IN JULY 2021, MARICOPA COUNTY AWARDED FSL HOME IMPROVEMENTS $4,804,655 IN ARPA FUNDS; FSL ASSISTED 303 HOUSEHOLDS WITH EMERGENCY HOME REPAIRS. THE CITY OF GOODYEAR AWARDED FSL A CONTRACT TO PROVIDE EMERGENCY AND HOUSING REHAB SERVICES. THE CONTRACT IS FOR $214K FOR A PERIOD OF 12 MONTHS, WITH OPTIONS TO RENEW. FSL SERVED 39 HOUSEHOLDS WITH THE HEALTH HOMES AC PILOT FUNDING. THESE REPAIRS WERE LIFE SAVING IN MANY CASES.FSL HOME IMPROVEMENTS OPERATES THE SOUTHWEST BUILDING SCIENCE TRAINING CENTER WHICH PROVIDES CLASSROOM AND HANDS-ON TRAINING TO SUPPORT NEW DEPARTMENT OF ENERGY INITIATIVES AND LOCAL UTILITY ENERGY EFFICIENCY PROGRAMS. IN FY 2021-22, ZERO CLASSES WERE HELD. FSL WILL PROVIDE TRAININGS IN FY 2022-23. THE STATE (ADOH) RECEIVED $8M IN TRAINING FUNDING TO BE SPENT OVER 5 YEARS. FSL, THROUGH SWBSTC WILL RECEIVE A SIGNIFICANT AMOUNT OF TRAINING DOLLARS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tom Egan CEO & President (thru Oct 2021) | OfficerTrustee | 0 | $0 |
Carrie Smith COO & Vice President | OfficerTrustee | 0 | $0 |
Blanca Ruiz Treasuer | OfficerTrustee | 0 | $0 |
Annette Iniguez Secretary (thru May 2022) | OfficerTrustee | 0 | $0 |
Tamara Bohannon CEO & President | OfficerTrustee | 0 | $0 |
Teresa Celaya-Garner CFO (thru May 2022) | Officer | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Advantage Home Performance Inc Energy Remodeling Services | 6/29/22 | $2,571,875 |
Az Energy Management & Remodel Energy Remodeling Services | 6/29/22 | $2,269,493 |
Fsl Management Management Fees | 6/29/22 | $1,505,556 |
A & A Cooling & Heating Llc A/c & Heating Services | 6/29/22 | $1,054,290 |
123 Flooring Inc Flooring And Installation Services | 6/29/22 | $422,058 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $10,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,779,908 |
Noncash contributions included in lines 1a–1f | $998 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,789,908 |
Total Program Service Revenue | $17,736,261 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,529 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $19,530,498 |
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 | $1,492,250 |
Pension plan accruals and contributions | $35,770 |
Other employee benefits | $264,034 |
Payroll taxes | $178,359 |
Fees for services: Management | $1,884,036 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,350 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,200,333 |
Advertising and promotion | $8,486 |
Office expenses | $218,101 |
Information technology | $3,087 |
Royalties | $0 |
Occupancy | $188,291 |
Travel | $124,440 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,767 |
Interest | $19,211 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $52,613 |
Insurance | $40,289 |
All other expenses | $286 |
Total functional expenses | $18,796,580 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $106,306 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,329,153 |
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 | $4,456 |
Net Land, buildings, and equipment | $326,952 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,109 |
Total assets | $5,773,976 |
Accounts payable and accrued expenses | $2,794,743 |
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 | $750,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $666,016 |
Total liabilities | $4,210,759 |
Net assets without donor restrictions | $1,138,952 |
Net assets with donor restrictions | $424,265 |
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 | $5,773,976 |