Foundation For Senior Living

Organization Overview

Foundation For Senior Living is located in Phoenix, AZ. The organization was established in 1982. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Foundation For Senior Living 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, Foundation For Senior Living generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.0% each year . All expenses for the organization totaled $3.6m during the year ending 06/2022. While expenses have increased by 9.1% 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.

Since 2018, Foundation For Senior Living has awarded 14 individual grants totaling $6,254,225. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 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:

Part 3 - Line 4a

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 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 REQUIREMENTS AND/OR WORKFORCE CHALLENGES. TO LEARN MORE ABOUT HOW THE PANDEMIC HAS IMPACTED VARIOUS PROGRAMS, PLEASE SEE SCHEDULE R FOR RELATED ENTITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Todd Komaromy
Chair
$0
Christina Stoneking
Vice Chair
$0
Gary Hanneman
Treasurer
$0
Tom Kelly
Secretary
$0
Sam Chang
Director
$0
Barbara Chatzkel
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,915,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,149,041
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,064,041
Total Program Service Revenue$0
Investment income $717,122
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 $5,820,680

Grants Awarded

Over the last fiscal year, Foundation For Senior Living has awarded $1,931,745 in support to 3 organizations.

Grant RecipientAmount

FSL PROGRAMS

PURPOSE: PROGRAM SUPPORT

$921,745

FSL HOLDINGS

PURPOSE: PROGRAM SUPPORT

$1,000,000

FSL HOME IMPROVEMENTS

PURPOSE: PROGRAM SUPPORT

$10,000
View Grant Profile

Peer Organizations

Organization NameAssets
899 Charleston
Palo Alto, CA
$14,361,135
Fsl Home Improvements
Phoenix, AZ
$19,530,498
Decro Corporation
Culver City, CA
$10,782,632
Satellite Senior Homes Inc
Berkeley, CA
$6,267,541
Neighborhood In Rio Rancho
Rio Rancho, NM
$14,934,178
Sun Health Colonnade
Sun City West, AZ
$17,373,770
Colorado Senior Residences Inc
Steamboat Springs, CO
$13,669,268
Casa La Merced Inc C/O Falkenberg/Gilliam & Associates
Pasadena, CA
$52,026
Bccu Inc Clearfield
Woods Cross, UT
$16,449,783
Christian Care Tucson Inc
Phoenix, AZ
$14,177,655
Silvercrest Inc
Fresno, CA
$6,478,792
Alma Via Of San Francisco
Alameda, CA
$13,196,534
Haverland Carter Lifestyle Group
Albuquerque, NM
$9,864,395
Elder Care Alliance Of San Rafael
Alameda, CA
$13,596,492
Meadowbrook Village Christian Retirement Community
Escondido, CA
$10,740,685
Villa Siena
Mountain View, CA
$8,553,213
Hookston Senior Homes Inc
Berkeley, CA
$22,422,303
Alameda Affordable Housing Corporation
Alameda, CA
$13,720,502
Housing Opportunity Corporation
Los Angeles, CA
$11,789,029
Midpen Property Management Corporation
Foster City, CA
$11,867,517
Christian Care Mesa Ii Inc Fellowship Square Brown & Center
Phoenix, AZ
$11,415,957
Rocky Mountain Care-Holladay Inc
Woods Cross, UT
$9,051,312
Sierra View Homes
Reedley, CA
$9,008,911
Blp Partnership Inc
San Francisco, CA
$8,313,459
Eskaton Village-Grass Valley
Carmichael, CA
$10,395,271

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