La Vida Llena
- Assets
- $163.8m
- Revenue
- $31.3m
- Investments
- $0.0
- Employees
- 353
- Location
- Albuquerque, NM
- Founding
- 01/1981
- Data as of
- 03/2022
- EIN
- 85-0282570
Organization Overview
La Vida Llena is located in Albuquerque, NM. The organization was established in 1981. 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 03/2022, LA Vida Llena employed 353 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. LA Vida Llena 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 03/2022, LA Vida Llena generated $31.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $29.8m during the year ending 03/2022. While expenses have increased by 4.7% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE QUALITY HOUSING, CARE AND SERVICES TO THE SENIORS OF THE LIFE CARE RETIREMENT COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
LA VIDA LLENA SERVES APPROXIMATELY 400-450 SENIOR RESIDENTS BY PROVIDING HOUSING AND HEALTHCARE IN 361 INDEPENDENT LIVING APARTMENTS; 58 DUALLY CERTIFIED HEALTH CARE BEDS; 77 LICENSED ASSISTED LIVING ROOMS AND MEMORY CARE BEDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Regner Rider Chair (term Ended) | OfficerTrustee | 1 | $0 |
Marie Trigg Secretary/treasurer (term Ended) | OfficerTrustee | 1 | $0 |
Edward Licon Vice-Chair (term Ended) | OfficerTrustee | 1 | $0 |
Amy Brown Treasurer (term Ended) | OfficerTrustee | 1 | $0 |
Zizi Fritz Treasurer | OfficerTrustee | 1 | $0 |
Terry Shirrod Board Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Host Care Llc Leased Property | 3/30/22 | $765,930 |
Allied Telecom Communication Services | 3/30/22 | $623,675 |
Crm Construction Llc Construction | 3/30/22 | $483,776 |
Steven Nelson Networking, Wiring, Alarm Systems | 3/30/22 | $268,850 |
Modrall Sperling Roehl Harris & Sisk Legal Services | 3/30/22 | $196,663 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $9,600 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,618 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,218 |
| Total Program Service Revenue | $24,902,209 |
| Investment income | $2,472,862 |
| Tax Exempt Bond Proceeds | $93,637 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,543,992 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,265,301 |
| 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. | $472,632 |
| Compensation of current officers, directors, key employees. | $472,632 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,981,261 |
| Pension plan accruals and contributions | $188,522 |
| Other employee benefits | $1,021,803 |
| Payroll taxes | $644,457 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $118,345 |
| Fees for services: Accounting | $165,985 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $162,657 |
| Fees for services: Other | $1,193,701 |
| Advertising and promotion | $338,150 |
| Office expenses | $2,306,271 |
| Information technology | $3,141 |
| Royalties | $0 |
| Occupancy | $1,549,501 |
| Travel | $6,962 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,429 |
| Interest | $2,810,281 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,140,126 |
| Insurance | $494,700 |
| All other expenses | $109,372 |
| Total functional expenses | $29,784,647 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,205,091 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,098,949 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $64,108 |
| Prepaid expenses and deferred charges | $383,485 |
| Net Land, buildings, and equipment | $88,287,253 |
| Investments—publicly traded securities | $62,203,279 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $567,203 |
| Total assets | $163,809,368 |
| Accounts payable and accrued expenses | $4,401,495 |
| Grants payable | $0 |
| Deferred revenue | $23,501,292 |
| Tax-exempt bond liabilities | $100,107,381 |
| 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 | $20,723,344 |
| Total liabilities | $148,733,512 |
| Net assets without donor restrictions | $15,075,856 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $163,809,368 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Campus And Community Development Corporation Inc Austin, TX | $887,216,722 | $73,390,968 |
Highland Springs Inc Dallas, TX | $511,119,867 | $65,778,330 |
Buckner Retirement Services Inc Dallas, TX | $144,152,515 | $58,030,892 |
Eagles Trace Inc Houston, TX | $392,478,600 | $52,950,819 |
Presbyterian Village North Dallas, TX | $220,743,885 | $46,469,442 |
Montereau Inc Tulsa, OK | $185,837,162 | $41,785,985 |
Buckner Senior Living Inc Dallas, TX | $215,344,263 | $20,049,948 |
La Vida Llena Albuquerque, NM | $163,809,368 | $31,265,301 |
Mirabella At Asu Inc Tempe, AZ | $298,424,373 | $6,088,723 |
The Legacy Midtown Park Inc Dallas, TX | $173,980,133 | $7,399,995 |
Sun Health Grandview Terrace Sun City West, AZ | $62,483,785 | $23,188,169 |
Christian Living Communities Englewood, CO | $42,962,159 | $17,819,657 |