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Lifestream Complete Senior Living At Thunderbird Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 860739097 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Lifestream Complete Senior Living At Thunderbird Inc?

Lifestream Complete Senior Living At Thunderbird Inc, situated in Youngtown, Arizona, is a nonprofit organization that focuses on catering to the needs of senior citizens. The organization operates a retirement community, housing 170 units, with 125 independent living apartments and 45 units for assisted living. In 2022, an average of 116 independent living residents and 23 assisted living residents resided at the community. The services provided encompass assistance with daily living activities, medication management, transportation, activities programs, housekeeping and laundry, meals in a dining room, spiritual care via a chaplain, and other resident-focused services. In November 2022, the board of directors decided to convert the assisted living units into independent living units, resulting in a total of 170 independent living units as of December 31, 2022. Lifestream Complete Senior Living At Thunderbird Inc's primary mission is to enhance the physical, emotional, and spiritual well-being of senior citizens within a close-knit community. The organization employs 78 individuals to accomplish its mission.


Official website here: www.w.lifestreamliving

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Lifestream Complete Senior Living At Thunderbird Inc has achieved an 81% score on Charity Navigator, indicating a Three-Star rating primarily based on its Accountability & Finance. This score reflects a strong commitment to transparency and responsible financial management, which is crucial for nonprofit organizations. The rating is derived from various factors, including the organization's governance and financial practices.

Strengths of Lifestream include a fully independent board, with all members meeting the criteria for independence. The organization also excels in areas such as financial oversight, with no material diversion of assets reported, and comprehensive policies in place for conflict of interest, whistleblowing, and document retention. Furthermore, a high program expense ratio of 85.55% demonstrates that a significant portion of its funds is directed towards its programs, highlighting its operational effectiveness.

While the organization scores well in accountability and finance, the overall rating being derived from a single beacon score suggests that there may be limited information regarding other aspects of the organization. This may indicate a need for further evaluation in areas such as program effectiveness or community impact to provide a more comprehensive view of its overall performance.


This AI summary has been generated from information found on Charity Navigator.

Is Lifestream Complete Senior Living At Thunderbird Inc legitimate?

Lifestream Complete Senior Living At Thunderbird Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifestream Complete Senior Living At Thunderbird Inc 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: $1,413,091

For more financial information, click here


Official website here: www.w.lifestreamliving

What is the mission statement of Lifestream Complete Senior Living At Thunderbird Inc?

Lifestream Complete Senior Living At Thunderbird Inc's mission is centered around serving senior residents. Their goal is to enhance the physical, emotional, and spiritual well-being of these individuals, fostering a sense of community. They achieve this by providing a range of services, including assistance with daily living tasks, medication management, spiritual care, and various activities programs. Residents enjoy meals in a communal dining area, and other services are also offered to support their overall well-being. In a significant change, the board of directors elected to convert the assisted living units into independent living units in November 2022.


Official website here: www.w.lifestreamliving

Who is the CEO of Lifestream Complete Senior Living At Thunderbird Inc?

Dana Rasic is the CEO of Lifestream Complete Senior Living At Thunderbird Inc The CEO's salary of Lifestream Complete Senior Living At Thunderbird Inc is $0 and their total compensation is $380,291.


Official website here: www.w.lifestreamliving

What is the revenue of Lifestream Complete Senior Living At Thunderbird Inc?

Lifestream Complete Senior Living At Thunderbird Inc's revenue in 2023 was $2,383,229.


Official website here: www.w.lifestreamliving

Who are the executives of Lifestream Complete Senior Living At Thunderbird Inc and what are their salaries?

The average compensation at Lifestream Complete Senior Living At Thunderbird Inc during 2023 was $24,364. There are 58 employees and 24 volunteers at Lifestream Complete Senior Living At Thunderbird Inc.

Here are 11 key members and their salaries (Lifestream Complete Senior Living At Thunderbird Inc's CEO's salary is $0 and their total compensation is $380,291):


Dana Rasic (Board Chair / Ceo)
  • Compensation: $0
  • Related: $364,389
  • Other: $15,902
Nathan Merrill (Treasurer / Cfo)
  • Compensation: $0
  • Related: $249,361
  • Other: $20,032
Austin Harbach (Assistant Secretary)
  • Compensation: $0
  • Related: $115,312
  • Other: $10,479
Tom Workman (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Larena (Executive Director (End 8/23))
  • Compensation: $0
  • Related: $122,724
  • Other: $9,435
Dale Turner (Board Member)
  • Compensation: $0
  • Related: $61,000
  • Other: $0
Dan Vagle (Board Member)
  • Compensation: $0
  • Related: $61,000
  • Other: $0
Don Morgan (Board Member)
  • Compensation: $0
  • Related: $61,000
  • Other: $0
Jenny Kennedy (Board Member)
  • Compensation: $0
  • Related: $10,453
  • Other: $0
Larry Smith (Board Member)
  • Compensation: $0
  • Related: $30,500
  • Other: $0
Rick Summers (Board Member / Coo)
  • Compensation: $0
  • Related: $241,509
  • Other: $13,033


Official website here: www.w.lifestreamliving

Where can I find the form 990 for Lifestream Complete Senior Living At Thunderbird Inc?

Lifestream Complete Senior Living At Thunderbird Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.w.lifestreamliving

Learn more at the official website: www.w.lifestreamliving

Mission Statement of Lifestream Complete Senior Living At Thunderbird Inc

Lifestream Complete Senior Living At Thunderbird Inc, a senior living community, is committed to serving its residents by enriching their physical, emotional, and spiritual health within a close-knit community. This mission is aimed at creating an environment where seniors can thrive and maintain their quality of life. The community offers various services, including assistance with daily activities, medication management, well-being checks, transportation, engaging activities, housekeeping and laundry, meals in a dining room, spiritual care via a chaplain, and additional services tailored to the residents' needs. The community, comprising 170 independent living units as of December 31, 2022, has a strong focus on fostering a sense of community and ensuring the overall well-being of its senior residents.

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Impact




July, 2024

Lifestream Complete Senior Living At Thunderbird Inc's impact lies in serving seniors by enriching their physical, emotional, and spiritual health in a close-knit community. Operating a 170-apartment retirement community in Glendale, Arizona, they provide a range of services including assistance with activities of daily living, medication management, well-being checks, transportation, activities programs, housekeeping and laundry, meals in a dining room, spiritual care via a chaplain, and other essential services to residents. With a focus on transitioning all units to independent living, Lifestream is dedicated to ensuring seniors have a supportive and caring environment to thrive in their golden years.




This information is meant to be a general summary of Lifestream Complete Senior Living At Thunderbird Inc. 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.

Revenue
$2,383,229 (2023)
Expenses
$3,146,109 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2
  • Program Service Revenue: $2,358,711
  • Gross Receipts: $2,383,229

Assets and Liabilities:

  • Total Assets: $1,992,372
  • Total Liabilities: $10,221,887
  • Net Assets: -$8,229,515

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SENIOR HOUSING

Revenue

$2,358,711

Organization Details

Founding Year

1993

Principal Officer

Nathan Merrill

NTEE Category

Code: P750 - Human services

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