Air Force Villages Inc
- Assets
- $80.4m
- Revenue
- $13.7m
- Investments
- $0.0
- Employees
- 43
- Location
- San Antonio, TX
- Founding
- 07/2005
- Data as of
- 06/2021
- EIN
- 56-2493445
Organization Overview
Air Force Villages Inc, operating under the name Blue Skies Of Texas, is located in San Antonio, TX. The organization was established in 2005. 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 employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Skies Of Texas 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 generated $13.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $9.1m during the year ending 06/2021. While expenses have increased by 10.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Blue Skies Of Texas has awarded 32 individual grants totaling $18,966,510. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
AFV INC., DBA BLUE SKIES OF TEXAS 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. THE ORGANIZATION IS GOVERNED BY THE BST BOARD OF DIRECTORS, WHICH ELECTS THE SEPARATE BOARDS OF THE OTHER ENTITIES. BST OPERATES MANY OF THE ADMINISTRATIVE FUNCTIONS OF THE ORGANIZATION, INCLUDING STRATEGIC PLANNING, MARKETING, DEVELOPMENT, FUNDRAISING, FINANCE, TECHNOLOGY, AND RISK MANAGEMENT.SEE CONTINUATION ON SCHEDULE O SUPPORTING ORGANIZATIONS ARE BST SENIOR LIVING EAST, INC. (BST EAST), BST SENIOR LIVING WEST, INC. (BST WEST), ALZHEIMER'S CARE AND RESEARCH CENTER FOUNDATION (ACRC), BST HEALTH SERVCIES CORP. (HSC), AND AIR FORCE VILLAGES CHARITABLE FOUNDATION.BST WEST CONSISTS OF 4 RESIDENTIAL MID-RISE TOWERS WITH 205 APARTMENTS; 196 GARDEN HOMES IN DUPLEX CONFIGURATION; 43 SINGLE FAMILY GARDEN HOMES; AND A TWO-STORY VILLAGE TOWN CENTER WITH FRONT DESK SERVICES, LOBBY, MAIL FACILITY, DINING ROOM, AND MEETING ROOMS. BST WEST ALSO INCLUDES TWO CHAPELS, BEAUTY SALON, COMPUTER CENTER, WOOD WORKING HOBBY SHOP, GARDEN PLOTS, DRIVING RANGE, DOG PARK, AND AN RV STORAGE PARK. BST WEST HAS DEVELOPED APPROXIMATELY 200 ACRES OF ITS 660-ACRE TRACT. ALL FACILITIES AND SERVICES ARE FULLY OPERATIONAL.BST EAST CONSISTS OF TWO RESIDENTIAL TOWERS WITH 228 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. BSTE LEASES TO HSC A 23-UNIT ASSISTED-LIVING FACILITY KNOWN AS ARNOLD HOUSE, AND LEASES TO AFV HEALTH SERVICES, INC, A 47-BED HEALTHCARE CENTER, KNOWN AS THE MISSON, IN BEXAR COUNTY, TEXAS.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.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 |
|---|---|---|---|
Gen Darrell Jones CEO | Officer | 30 | $325,658 |
Brian Englund CFO | Officer | 30 | $214,935 |
Col Frederic Ryder COO | Officer | 30 | $146,109 |
Alethea Knight Chief Health Services Officer | Officer | 30 | $112,269 |
Kathleen Bowman Estrada Director, Human Resources | 30 | $104,141 | |
Wendy Carpenter Chief Health Services Officer | Officer | 30 | $102,686 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Vanguard Resources Inc Consulting | 6/29/21 | $1,061,431 |
Texas Service Electrical Work | 6/29/21 | $885,309 |
Morrison Community Living Dining Services | 6/29/21 | $3,537,902 |
Clean Scapes Landscaping | 6/29/21 | $1,138,558 |
Select Rehabilitation Rehabilitation Services | 6/29/21 | $2,467,644 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,701,229 |
| Government grants | $3,532,800 |
| 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 | $6,234,029 |
| Total Program Service Revenue | $3,987,103 |
| Investment income | $1,547,170 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,971,816 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,740,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,068,079 |
| Grants and other assistance to domestic individuals. | $16,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $912,779 |
| Compensation of current officers, directors, key employees. | $912,779 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,075,663 |
| Pension plan accruals and contributions | -$10,407 |
| Other employee benefits | $140,869 |
| Payroll taxes | $200,159 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $26,689 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $127,805 |
| Fees for services: Other | $390,458 |
| Advertising and promotion | $0 |
| Office expenses | $665,703 |
| Information technology | $160,795 |
| Royalties | $0 |
| Occupancy | $706,159 |
| Travel | $7,211 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,453 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $173,516 |
| Insurance | -$39,521 |
| All other expenses | $0 |
| Total functional expenses | $9,134,334 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,746,272 |
| Savings and temporary cash investments | $2,034,664 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,807,561 |
| 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 | $223,273 |
| Net Land, buildings, and equipment | $927,759 |
| Investments—publicly traded securities | $72,074,821 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $577,144 |
| Total assets | $80,391,494 |
| Accounts payable and accrued expenses | $3,407,839 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $928,310 |
| Other liabilities | $6,727,105 |
| Total liabilities | $11,063,254 |
| Net assets without donor restrictions | $48,409,234 |
| Net assets with donor restrictions | $20,919,006 |
| 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 | $80,391,494 |
Grants Awarded
Over the last fiscal year, Air Force Villages Inc has awarded $4,068,079 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
San Antonio, TX PURPOSE: WIDOWS ASSISTANCE, BUILDING, RESEARCH | $3,422,820 |
San Antonio, TX PURPOSE: WIDOWS ASSISTANCE, BUILDING, RESEARCH | $565,023 |
San Antonio, TX PURPOSE: WIDOWS ASSISTANCE, BUILDING, RESEARCH | $66,117 |
San Antonio, TX PURPOSE: WIDOWS ASSISTANCE, BUILDING, RESEARCH | $14,119 |
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 |
|---|---|---|
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 |
Haverland Carter Lifestyle Group Albuquerque, NM | $60,146,748 | $9,864,395 |
Lutheran Senior Citizens Inc Oklahoma City, OK | $21,167,432 | $11,372,456 |
Lutheran Sunset Ministries Clifton, TX | $33,524,752 | $11,876,398 |
Methodist Retirement Communities The Woodlands, TX | $7,640,835 | $12,110,100 |
Wichita Falls Retirement Foundation Wichita Falls, TX | $25,020,242 | $10,435,420 |