Northern Arizona Senior Living Community Llc
- Assets
- $16.8m
- Revenue
- $12.8m
- Investments
- $0.0
- Employees
- 283
- Location
- Chaska, MN
- Founding
- 05/1998
- Data as of
- 12/2023
- EIN
- 86-0906621
Organization Overview
Northern Arizona Senior Living Community Llc, operating under the name The Peaks, is located in Chaska, MN. The organization was established in 1998. 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. As of 12/2023, Peaks employed 283 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peaks 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 12/2023, Peaks generated $12.8m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $14.6m during the year ending 12/2023. 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
THE CORPORATION WAS FORMED TO DEVELOP AND OPERATE A SENIOR LIVING AND MENTORING FACILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PEAKS, FLAGSTAFF, ARIZONA, IS UNIQUE IN ITS COMMUNITY INVOLVEMENT IN THAT IT SHARES STRONG TIES WITH THE MUSEUM OF NORTHERN ARIZONA, AND FLAGSTAFF MEDICAL CENTER. THE PEAKS PROVIDES ITS RESIDENTS, AS WELL AS CHILDREN IN THE AREA, WITH FULLY DEVELOPED INTERGENERATIONAL ACTIVITIES BENEFITING OLDER ADULTS AND CHILDREN ALIKE. THE PEAKS PROVIDES INDEPENDENT, ASSISTED LIVING, PROGRESSIVE MEMORY CARE, REHABILITATION, LONG-TERM CARE, AND SKILLED NURSING, WITH THE OPPORTUNITY FOR RESIDENTS TO "AGE IN PLACE." RESIDENTS ARE ENCOURAGED TO REMAIN IN THEIR APARTMENT HOMES RECEIVING ASSISTANCE WITH ACTIVITIES OF DAILY LIVING THROUGH PERSONALIZED LEVELS OF CARE. THE COMMUNITY WAS DEVELOPED THROUGH A NONPROFIT PARTNERSHIP BETWEEN INTERGENERATIONAL LIVING AND HEALTH CARE AND NORTHERN ARIZONA HEALTHCARE. FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023, THE PEAKS PARTICIPATED IN VARIOUS CHARITABLE INITIATIVES SUCH AS THE PROVISION OF DISCOUNTED CARE THROUGH PARTICIPATION IN THE ARIZONA STATE MEDICAID PROGRAM AND INDIAN HEALTH SERVICES. WE AVERAGE 15 MEDICAID PATIENTS IN OUR SKILLED NURSING FACILITY ON A DAILY BASIS. IN OUR LODGE WE AVERAGED 14 RESIDENTS ON A DAILY BASIS DISCOUNTING ELIGIBLE RESIDENT'S CARE BY $338,554 DURING 2023. WE HAVE A PARTNERSHIP WITH THE MUSEUM OF NORTHERN ARIZONA (MNA), WHICH SUPPORTS AN ART COLLECTION WITHIN THE PEAKS AND TWO MUSEUM DOCENT PROGRAMS. WE BELIEVE THIS ART ENRICHES THE LIVES OF OUR RESIDENTS AND THE COMMUNITY AS A WHOLE. THE PEAKS FUNDED: $400 TO AMERICAN CANCER SOCIETY; $1,000 TO SOROPTIMIST INTERNATIONAL OF THE ARIZONA; $500 TO COCONINO COMMUNITY COLLEGE FOUNDATION; AND $1,500 IN OTHER DONATIONS TO ORGANIZATIONS CONSISTENT WITH OUR PHILOSOPHY OF INTERGENERATIONAL CARE. NAU NURSING STUDENTS IN THE BACCALAUREATE PROGRAMS SERVE A PORTION OF THEIR INTERNSHIP IN THE PEAKS HEALTH & REHABILITATION. FUTURE CERTIFIED NURSING ASSISTANTS FROM COCONINO COMMUNITY COLLEGE SHADOW SNF CNA'S TO FULFIL PROGRAM GRADUATION REQUIREMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennie A Clarke Manager | Trustee | 1 | $0 |
Lisa D Davison Manager | Trustee | 1 | $0 |
Wendy Harden Manager | Trustee | 1 | $0 |
Jacob Lansburg Manager | Trustee | 1 | $0 |
Chris Bavasi Co-Chief Executive Officer | Officer | 1 | $0 |
Thomas A Egan Co-Chief Executive Officer | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Goodman Group Llc Management And Accounting Services, Info | 12/30/23 | $867,153 |
Marvel Medical Staffing Contracted Nursing | 12/30/23 | $381,724 |
Reliant Rehabilitation Holdings Inc Therapy | 12/30/23 | $549,894 |
Pharmerica Corporation Of America Pharmacy | 12/30/23 | $187,146 |
Advantis Medical Staffing Contracted Nursing | 12/30/23 | $137,989 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $72,006 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,006 |
| Total Program Service Revenue | $12,722,089 |
| Investment income | $38,174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$108,040 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,798,184 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,400 |
| 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 | $6,501,992 |
| Pension plan accruals and contributions | $60,778 |
| Other employee benefits | $573,085 |
| Payroll taxes | $436,252 |
| Fees for services: Management | $694,844 |
| Fees for services: Legal | $33,363 |
| Fees for services: Accounting | $231,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,192,604 |
| Advertising and promotion | $151,119 |
| Office expenses | $104,856 |
| Information technology | $164,680 |
| Royalties | $0 |
| Occupancy | $391,883 |
| Travel | $159,344 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $616,368 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $936,267 |
| Insurance | $471,228 |
| All other expenses | $99,032 |
| Total functional expenses | $14,589,458 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $210,079 |
| Savings and temporary cash investments | $417,227 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,215,650 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $51,162 |
| Prepaid expenses and deferred charges | $250,940 |
| Net Land, buildings, and equipment | $13,528,384 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,105,188 |
| Total assets | $16,778,630 |
| Accounts payable and accrued expenses | $967,604 |
| Grants payable | $0 |
| Deferred revenue | $171,304 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $9,293 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $21,991,682 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,139,883 |
| Net assets without donor restrictions | -$6,361,253 |
| 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 | $16,778,630 |