Lifespace Communities Inc.
Lifespace Communities Inc.
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About this organization
Mission
Create communities celebrating the lives of seniors.
About
Lifespace Communities, Inc. owns eleven different communities (5 in FL, 2 in IL, 1 in MN, KS, PA and NE) which provide apartments and health care for retired persons. Residents pay an initial entrance fee and monthly fees thereafter which entitle them to the use of the community for life and unlimited use of the health center. Residents do not acquire title of the property.
Interesting data from their 2019 990 filing
The non-profit's aim, as stated in the filing, is “Creating communities celebrating the lives of seniors. lifespace recognizes that its mission can only be fulfilled through the dedicated efforts of its employees, therefore included in our mission is the ability to provide disaster relief funds to employees who encounter circumstances recognized by federal and state agencies as qualifying for emergency disaster relief.”.
When referring to its actions, they were outlined as: “Create communities celebrating the lives of seniors.”.
- The non-profit has complied with legal obligations by reporting their state of operation as IA.
- The non-profit's address in 2019 is noted in the filing as 4201 CORPORATE DRIVE, WEST DES MOINES, IA, 50266.
- The non-profit's form for 2019 reports a total of 3628 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$771,771.
- The organization has 9 independent voting members.
- The organization was formed in 1976.
- The organization pays $111,615,479 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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