Overview
What is The Lifespace Foundation?
The Lifespace Foundation is a charitable organization based in West Des Moines, Iowa, with the primary objective of raising and investing funds to support the benevolent care of seniors and offer disaster relief and emergency hardship assistance to its team members. This nonprofit organization extends its charitable purposes to various senior living communities, such as Lifespace Communities, Inc., Deerfield Retirement Community, Inc., Northwest Senior Housing Corporation, Barton Creek Senior Living Center, Inc., and Tarrant County Senior Living Center, Inc. The foundation's mission is to contribute to the well-being of its community by addressing the needs of elderly individuals and providing essential aid during emergencies.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star Rating
The Lifespace Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. With a score of 95%, the organization demonstrates a high level of transparency and effective governance, evidenced by having a fully independent board and comprehensive policies in place. Their financial metrics indicate a robust program expense ratio and exceptional efficiency in fundraising, highlighting their commitment to maximizing donor contributions toward their mission.
The Foundation's financial practices are noteworthy, featuring a very low liabilities to assets ratio, which suggests strong financial stability. The organization has also maintained a clean record, with no material diversion of assets and no loans to or from officers, ensuring that funds are utilized effectively for their intended purpose. Additionally, their substantial working capital ratio indicates a secure financial position that supports ongoing operations.
While the data highlights many strengths, it does not point out any significant limitations. Overall, The Lifespace Foundation stands out as a well-managed nonprofit focused on responsible financial practices and transparency, making it a trustworthy choice for donors looking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is The Lifespace Foundation legitimate?
The Lifespace Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lifespace Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of The Lifespace Foundation?
The Lifespace Foundation's mission is centered around raising and investing funds to support the charitable objectives of several senior living organizations. These organizations include Lifespace Communities, Inc. and its individual communities, Deerfield Retirement Community, Inc., Northwest Senior Housing Corporation, Barton Creek Senior Living Center, Inc., and Tarrant County Senior Living Center, Inc. The primary goal of these charitable efforts is to provide benevolent care to seniors and offer disaster relief and emergency hardship funds to team members who encounter circumstances recognized by federal and state agencies as qualifying for emergency disaster relief.
Who is the CEO of The Lifespace Foundation?
Jesse Jantzen is the President & Ceo & Director of The Lifespace Foundation. The CEO's salary of The Lifespace Foundation is $0 and their total compensation is $1,051,995.
What is the revenue of The Lifespace Foundation?
The Lifespace Foundation's revenue in 2022 was $3,684,311.
Who are the executives of The Lifespace Foundation and what are their salaries?
There 79 volunteers at The Lifespace Foundation.
Here are 17 key members and their salaries (The Lifespace Foundation's CEO's salary is $0 and their total compensation is $1,051,995):
- Compensation: $0
- Related: $1,046,857
- Other: $5,138
- Compensation: $0
- Related: $593,591
- Other: $9,972
- Compensation: $0
- Related: $155,000
- Other: $1,632
- Compensation: $0
- Related: $55,000
- Other: $0
- Compensation: $0
- Related: $43,000
- Other: $0
- Compensation: $0
- Related: $43,000
- Other: $0
- Compensation: $0
- Related: $43,000
- Other: $0
- Compensation: $0
- Related: $14,333
- Other: $0
- Compensation: $0
- Related: $43,000
- Other: $0
- Compensation: $0
- Related: $11,667
- Other: $0
- Compensation: $0
- Related: $41,000
- Other: $0
- Compensation: $0
- Related: $17,500
- Other: $0
- Compensation: $0
- Related: $35,000
- Other: $0
- Compensation: $0
- Related: $35,000
- Other: $0
- Compensation: $0
- Related: $37,500
- Other: $0
- Compensation: $0
- Related: $37,500
- Other: $0
- Compensation: $0
- Related: $37,500
- Other: $0
Where can I find the form 990 for The Lifespace Foundation?
The Lifespace Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Lifespace Foundation
The Lifespace Foundation, as a charitable organization, is committed to raising and investing funds to advance the benevolent causes of several senior living communities and organizations. Its mission encompasses supporting the charitable purposes of Lifespace Communities, Inc., its individual communities, Deerfield Retirement Community, Inc., Northwest Senior Housing Corporation, Barton Creek Senior Living Center, Inc., and Tarrant County Senior Living Center, Inc. The Foundation's primary focus is on providing benevolent care to seniors, offering disaster relief, and offering emergency hardship funds to team members who encounter circumstances recognized by federal and state agencies as qualifying for emergency disaster relief. By doing so, The Lifespace Foundation plays a crucial role in ensuring the well-being and support of seniors and its team members in times of need.
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Impact
July, 2024
The Lifespace Foundation's impact includes providing benevolent care to seniors and offering disaster relief and emergency hardship funds to team members facing qualifying circumstances recognized by federal and state agencies. This support enhances the well-being and security of seniors within Lifespace Communities, Deerfield Retirement Community, Northwest Senior Housing Corporation, Barton Creek Senior Living Center, and Tarrant County Senior Living Center. Through raising and investing funds for these charitable purposes, the foundation plays a crucial role in ensuring the welfare of seniors and assisting team members in times of need.
This information is meant to be a general summary of The Lifespace Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $167,899
- Gross Receipts: $6,614,728
Assets and Liabilities:
- Total Assets: $9,308,241
- Total Liabilities: $1,223,425
- Net Assets: $8,084,816
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Organization Details
Founding Year
1991
Phone
(515) 288-5805Principal Officer
Jesse Jantzen
Main Address
4201 CORPORATE DRIVE, WEST DES MOINES, IA, 50266
NTEE Category
Code: T00 - Philanthropy
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