2025-12-18T16:53:04-06:00 2024-12-31 341884125 CBIZ ADVISORS LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2024-01-01 880886572 POSADA LIFE HOLDINGS INC POSA 5206484054 350 E MORNINGSIDE RD GREEN VALLEY AZ 85614 CHRIS SIMON VP/CFO 5206487901 2025-12-18 1 1 AMY A O'LOUGHLIN P00869687 6022646835 2025-12-08 2024 2025-03-06 01:10:19Z JONI CONDIT 350 E MORNINGSIDE RD GREEN VALLEY AZ 85614 6512 0 X N/A X 2022 AZ HOLD TITLE TO CERTAIN PROPERTIES FOR LA POSADA COMMUNITIES, AN ARIZONA NONPROFIT CORPORATION, RECOGNIZED AS A PUBLIC CHARITY UNDER IRC SECTION 501(C)(3), AND LA POSADA AT PARK CENTRE INC., AN ARIZONA NONPROFIT CORPORATION, RECOGNIZED AS A PUBLIC CHARITY UNDER IRC SECTION 501(C)(3). 6 5 0 0 0 0 0 0 0 6512 0 0 0 0 0 6512 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6512 5228778 5228778 0 0 5228778 5228778 THE PURPOSE OF HOLDINGS IS TO HOLD TITLE TO PROPERTY IN ACCORDANCE WITH SECTION 501(C)(2) OF THE INTERNAL REVENUE CODE, COLLECTING INCOME THEREFROM, AND TURNING OVER THE ENTIRE INCOME, LESS EXPENSES TO ANY TAX-EXEMPT 501(C)(3) ENTITY WITHIN THE MEANING OF SECTION 501(C)(2). 0 0 6512 TO HOLD TITLE TO PROPERTY FOR LA POSADA COMMUNITIES. 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 5 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 X CHRIS SIMON 5206484054 350 E MORNINGSIDE RD GREEN VALLEY AZ 85614 JONI CONDIT PRESIDENT/CEO 2.00 50.00 X X 0 405572 49766 SIMON DAVIS CHAIR 2.00 2.50 X X 0 0 0 RICHARD DUCOTE VICE CHAIR 2.00 2.50 X X 0 0 0 DUANE BLUMBERG PHD DIRECTOR (RETIRED 10/24) 1.00 2.50 X 0 0 0 NANCY PUCKETT DIRECTOR 1.00 2.50 X 0 0 0 PATTY SMALLSREED DIRECTOR 1.00 2.50 X 0 0 0 JOHN STEPHENS DIRECTOR 1.00 2.50 X 0 0 0 CHRISTOPHER SIMON SR VP/CFO 2.00 50.00 X 0 232798 27278 BETH ERNST SVP/COO 2.00 50.00 X 0 317656 37487 PAUL IDE SR VP/CFO/CIO 2.00 50.00 X 0 258311 6587 PAUL LOOMANS VP MARKETING 2.00 50.00 X 0 190489 23250 0 1404826 144368 0 0 1 0 0 RENTAL INCOME 531190 6512 6512 6512 6512 6512 0 0 0 0 0 0 5228778 5228778 5228778 5228778 5228778 0 0 X 0 0 0 0 5228778 5228778 5228778 5228778 5228778 5228778 X 6512 -6512 X 0 0 0 5228778 5228778 5228778 0 0 0 JONI CONDIT PRESIDENT/CEO 0 364014 0 41558 0 0 0 33323 0 16443 0 455338 0 0 BETH ERNST SVP/COO 0 293904 0 23752 0 0 0 22297 0 15190 0 355143 0 0 PAUL IDE SR VP/CFO/CIO 0 126681 0 28269 0 103361 0 5117 0 1470 0 264898 0 103361 CHRISTOPHER SIMON SR VP/CFO 0 230127 0 2671 0 0 0 6122 0 21156 0 260076 0 0 PAUL LOOMANS VP MARKETING 0 170446 0 20043 0 0 0 5861 0 17389 0 213739 0 0 PART 1, LINE 3: ALL DIRECTORS ARE PAID BY LA POSADA AT PARK CENTRE (LA POSADA) ACCORDING TO THE GUIDELINES OF THE ORGANIZATION'S COMPENSATION PLAN. NONE OF THE COMPENSATION PAID BY LA POSADA IS DIRECTLY RELATED TO THE DUTIES PERFORMED AS DIRECTORS AND OFFICERS OF POSADA LIFE HOLDINGS. THE ORGANIZATION HAS ESTABLISHED AN UNFUNDED 457(B) DEFERRED COMPENSATION PLAN FOR THE ORGANIZATION'S SENIOR MANAGEMENT, WHICH IS BASED ON YEARS OF SERVICE AND A PROJECTED RETIREMENT DATE. BENEFITS ARE PAYABLE UPON TERMS AS STATED IN EACH INDIVIDUAL'S EMPLOYMENT CONTRACT. JONI CONDIT, PRESIDENT & CEO: $ 23,042 PAUL IDE, SR VP, CFO & CIO: $ 3,833 CHRISTOPHER SIMON, SR VP & CFO: $ 1,958 BETH ERNST, SVP & COO: $ 15,375 THE FOLLOWING HAVE RECEIVED PAYMENTS FROM THE ORGANIZATION FOR THEIR 457(B) DEFERRED COMPENSATION PLAN ACCOUNT IN FULL PAYMENT OF FUNDS INVESTED. PAUL IDE, SRVP & CFO & CIO $103,361 FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF HOLDINGS IS LA POSADA COMMUNITIES. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER LA POSADA COMMUNITIES HAS THE POWER TO ELECT OR APPOINT MEMBERS OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 7B ALL DECISIONS OF THE ORGANIZATION ARE RESEVED TO APPROVAL BY THE SOLE MEMBER LA POSADA COMMUNITIES. FORM 990, PART VI, SECTION B, LINE 11B THE 990 RETURN IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED IN DETAIL BY THE ORGANIZATION'S CEO AND CFO. A PUBLIC DISCLOSURE COPY OF THE RETURN IS THEN UPLOADED TO THE BOARD INTERNET PORTAL FOR REVIEW BY THE BOARD TRUSTEES BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THIS ARTICLE SHALL GOVERN TRANSACTIONS BETWEEN THE CORPORATION AND INTERESTED PERSONS, INCLUDING, BUT NOT NECESSARILY LIMITED TO, THE LEASE OR EXCHANGE OF PROPERTY BETWEEN INTERESTED PERSONS AND THE CORPORATION, THE LENDING OR BORROWING OF MONIES BETWEEN INTERESTED PERSONS AND THE CORPORATION, AND THE PAYMENT OF COMPENSATION BY THE CORPORATION FOR SERVICES PROVIDED BY INTERESTED PERSONS. 1) EACH TRUSTEE SHALL DISCLOSE TO THE BOARD OF TRUSTEES ANY KNOWN CONFLICTING INTEREST SUCH TRUSTEE OR ANY OF SUCH TRUSTEE'S RELATED PERSONS HAVE WITH RESPECT TO A TRANSACTION EFFECTED OR PROPOSED TO BE EFFECTED BY THE CORPORATION, BY A SUBSIDIARY OF THE CORPORATION, OR BY ANY OTHER ENTITY IN WHICH THE CORPORATION HAS A CONTROLLING INTEREST. 2) ANY TRUSTEE WITH A CONFLICTING INTEREST MUST MAKE THE FOLLOWING REQUIRED DISCLOSURES: A) THE EXISTENCE AND NATURE OF THE CONFLICTING INTEREST; AND B) ALL FACTS KNOWN TO THE TRUSTEE RESPECTING THE SUBJECT MATTER OF THE TRANSACTION THAT AN ORDINARILY PRUDENT PERSON WOULD REASONABLY BELIEVE TO BE MATERIAL TO A JUDGMENT ABOUT WHETHER OR NOT TO PROCEED WITH THE TRANSACTION. 3) ANY TRUSTEE HAVING A CONFLICTING INTEREST SHALL ABSTAIN FROM VOTING ON THE PROPOSED TRANSACTION AND SHALL NOT BE COUNTED IN DETERMINING THE QUORUM FOR THE VOTE ON THE PROPOSED TRANSACTION. IN ADDITION, HE OR SHE SHALL NOT USE HIS OR HER PERSONAL INFLUENCE ON THE MATTER, BUT MAY BRIEFLY STATE HIS OR HER POSITION ON THE MATTER AND MAY ANSWER PERTINENT QUESTIONS FROM OTHER TRUSTEES SINCE HIS OR HER KNOWLEDGE MAY BE OF GREAT ASSISTANCE. 4) PURSUANT TO THE PROVISIONS OF ARIZONA NONPROFIT CORPORATION ACT ("ANCA"), A VOTE OF THE MAJORITY OF THE MEMBERS OF THIS CORPORATION HAVING NO CONFLICTING INTEREST (EACH A "DISINTERESTED TRUSTEE") WITH RESPECT TO A PROPOSED TRANSACTION MAY APPROVE A PROPOSED TRANSACTION IN WHICH A TRUSTEE HAS A CONFLICTING INTEREST. 5) THE MINUTES OF THE MEETING INVOLVING ANY SUCH CONFLICTING INTEREST SHALL REFLECT WHETHER THE REQUIRED DISCLOSURES WERE MADE, WHETHER THE TRUSTEE WITH THE CONFLICTING INTEREST ABSTAINED FROM VOTING, AND THE QUORUM SITUATION. 6) ALL CAPITALIZED TERMS USED IN THIS ARTICLE AND NOT OTHERWISE DEFINED IN THESE BYLAWS SHALL HAVE THE MEANING SET FORTH IN SECTIONS 10-3860 TO 10-3864 OF THE ANCA. THIS ARTICLE IS INTENDED TO SUPPLEMENT, BUT NOT REPLACE, ANY APPLICABLE FEDERAL OR STATE LAWS GOVERNING CONFLICTS OF INTEREST, INCLUDING BUT NOT LIMITED TO SECTIONS 10-3860 TO 10-3864 OF THE ANCA. A) THE BOARD OF TRUSTEES MAY, IN ITS DISCRETION ADOPT A COMPREHENSIVE CONFLICT OF INTEREST POLICY TO SUPPLEMENT OR SUPERSEDE THIS ARTICLE; PROVIDED, HOWEVER, THAT ANY SUCH CONFLICT OF INTEREST POLICY SHALL BE NO LESS STRINGENT THAN THE PROVISIONS OF THIS ARTICLE OR THE ANCA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BY-LAWS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: DISTRIBUTION TO PARENT -6,512. LA POSADA COMMUNITIES FKA POSADA LIFE 350 E MORNINGSIDE ROAD GREEN VALLEY AZ 85614 813665904 SUPPORT - HOUSING & HEALTHCARE FOR SENIORS AZ 501(C)(3) LINE 12C, III-FI 0 LA POSADA FOUNDATION 350 E MORNINGSIDE ROAD GREEN VALLEY AZ 85614 320680959 SUPPORT - HOUSING & HEALTHCARE FOR SENIORS AZ 501(C)(3) LINE 7 0 LA POSADA AT PARK CENTRE INC 350 E MORNINGSIDE ROAD GREEN VALLEY AZ 85614 860828160 SUPPORT - HOUSING & HEALTHCARE FOR SENIORS AZ 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 LA POSADA COMMUNITIES FKA POSADA LIFE R 6512 CASH