Bst Senior Living East Inc
- Assets
- $59.3m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 89
- Location
- San Antonio, TX
- Founding
- 04/1964
- Data as of
- 06/2021
- EIN
- 52-0801828
Organization Overview
Bst Senior Living East Inc, operating under the name Blue Skies Of Texas East (bst East), is located in San Antonio, TX. The organization was established in 1964. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Blue Skies Of Texas East (bst East) employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Skies Of Texas East (bst East) 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 06/2021, Blue Skies Of Texas East (bst East) generated $9.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $15.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BST SENIOR LIVING EAST, INC IS DEDICATED TO QUALITY RETIREMENT LIVING WITH EMPHASIS ON INDIVIDUAL WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AIR FORCE VILLAGES, INC, (DBA BLUE SKIES OF TEXAS (BST)) AND AFFILIATES IS A TEXAS NOT-FOR-PROFIT, CONTINUING-CARE RETIREMENT COMMUNITY (CCRC) PROVIDING SERVICES AND CARE FOR SENIORS THROUGHOUT THE FULL CONTINUUM INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, DEMENTIA CARE, NURSING, AND HOSPICE. BST EAST AND BST WEST OWN AND OPERATE INDEPENDENT LIVING COMPONENTS OF THE CONTINUUM OF CARE. BST EAST CONSISTS OF 287 INDEPENDENT LIVING UNITS , AND OWNS, BUT LEASES TO HSC, AND 80-BED HEALTHCARE CENTER AND 23-BED ASSISTED LIVING FACILITY. THE FACILITY CONSISTS OF TWO RESIDENTIAL TOWERS WITH 227 APARTMENTS; THREE FREE-STANDING APARTMENT BUILDINGS CALLED THE HILL RESIDENCES CONSISTING OF 36 TOTAL APARTMENTS; 24 GARDEN HOMES; A VILLAGE TOWN CENTER WITH FRONT DESK SERVICES, LOBBY, MAIL FACILITY, DINING ROOM, MEETING ROOMS, LIBRARY AND MUSIC ROOM. IN ADDITION, COCHRANS CAFE AND BISTRO IS LOCATED ON THE MAIN LEVEL AND THE SKY LOUNGE, A FULL SERVICE RESTURANT AND BAR, IS LOCATED ON THE TOP 16TH FLOOR.BST EAST ALSO INCLUDES TWO CHAPELS, ARTS AND CRAFTS CENTER, FITNESS CENTER, SWIMMING POOL, BEAUTY SALON, WOODWORKING HOBBY SHOP, AND GARDEN PLOTS. ALL FACILITIES AND SERVICES ARE FULLY OPERATIONAL.EACH NURSING HOME RESIDENT MUST RETAIN THE SERVICES OF A PERSONAL PHYSICIAN WHO IS RESPONSIBLE FOR SUPERVISING HIS/HER MEDICAL AND OVERALL HEALTH CARE. RESIDENTS MUST REMAIN UNDER THE CARE OF A PHYSICIAN AT ALL TIMES WHILE IN THE FACILITY. THE PHYSICIAN IS REQUIRED TO MEET STATE AND FEDERAL REQUIREMENTS WITH RESPECT TO SERVICES, FREQUENCY OF VISITS, AND AVAILABILITY FOR EMERGENCY CARE. BST WEST ALSO RETAINS DIETARY AND PHARMACY CONSULTANTS. SINCE NEARLY ALL RESIDENTS ARE ELIGIBLE FOR MILITARY MEDICAL BENEFITS, SERIOUS MEDICAL CONDITIONS ARE SEEN AT NEARBY MILITARY AND CIVILIAN MEDICAL FACILITIES. BST EAST HAS EXPANDED RESIDENT ELIGIBILITY TO INCLUDE THOSE WITH NO PRIOR MILITARY AFFILIATION TO BROADEN THE DIVERSITY OF THE SENIOR LIVING COMMUNITY.BLUE SKIES OF TEXAS AND ITS AFFILIATES SHARE A COMMON PAY MASTER FOR ITS EMPLOYEES. ALL PAYROLL RELATED EXPENSES ARE PAID FROM THE BST WEST ENTITY AND DISTRIBUTED TO EACH AFFILIATE, AS APPROPRIATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Kathy Hostage Chair | OfficerTrustee | 2 | $0 |
Gen Darrell Jones CEO | Officer | 2 | $0 |
Brian Englund CFO | Officer | 2 | $0 |
Wendy Carpenter Chief Health Services Officer | Officer | 2 | $0 |
Col Frederic Ryder COO | Officer | 2 | $0 |
Alethea Knight Chief Health Services Officer | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $66,117 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,117 |
| Total Program Service Revenue | $9,105,587 |
| Investment income | $2,384 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,791 |
| Net Gain/Loss on Asset Sales | -$72,799 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $10,701 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,119,781 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $60,421 |
| 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 | $1,821,767 |
| Pension plan accruals and contributions | $11,465 |
| Other employee benefits | $322,550 |
| Payroll taxes | $132,609 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $294,553 |
| Fees for services: Other | $362,046 |
| Advertising and promotion | $475,172 |
| Office expenses | $1,284,362 |
| Information technology | $14,914 |
| Royalties | $0 |
| Occupancy | $1,948,267 |
| Travel | $19,446 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $931 |
| Interest | $3,424,441 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,252,769 |
| Insurance | $355,996 |
| All other expenses | $0 |
| Total functional expenses | $14,982,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $650 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $76,017 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | -$128,157 |
| Net Land, buildings, and equipment | $59,302,524 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $59,251,034 |
| Accounts payable and accrued expenses | $655,772 |
| Grants payable | $0 |
| Deferred revenue | $8,284,420 |
| Tax-exempt bond liabilities | $80,541,871 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $58,661,729 |
| Total liabilities | $148,143,792 |
| Net assets without donor restrictions | -$88,892,758 |
| 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 | $59,251,034 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bst Senior Living East Inc has recieved totaling $13,500.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $13,500 |
Endowment Analysis
| Beg. Balance | $6,514,433 |
| Earnings | $1,065,900 |
| Net Contributions | $9,495 |
| Other Expense | $446,836 |
| Ending Balance | $7,142,992 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presbyterian Village North Dallas, TX | $220,743,885 | $46,469,442 |
Montereau Inc Tulsa, OK | $185,837,162 | $41,785,985 |
Buckner Senior Living Inc Dallas, TX | $215,344,263 | $20,049,948 |
La Vida Llena Albuquerque, NM | $163,809,368 | $31,265,301 |
The Legacy Midtown Park Inc Dallas, TX | $173,980,133 | $7,399,995 |
Bst Senior Living West Inc San Antonio, TX | $112,083,644 | $24,466,156 |
Incarnate Word Retirement Community Inc San Antonio, TX | $10,969,268 | $19,152,851 |
Neighborhood In Rio Rancho Rio Rancho, NM | $43,319,912 | $14,930,529 |
Woldenberg Village Inc New Orleans, LA | $27,827,418 | $14,584,574 |
Bst Senior Living East Inc San Antonio, TX | $59,251,034 | $9,119,781 |
George Gervin Youth Center Inc San Antonio, TX | $26,261,586 | $16,043,559 |
Methodist Retirement Communities The Woodlands, TX | $24,592,359 | $13,174,524 |