The Army Retirement Residence Foundation - San Antonio
- Assets
- $4.3m
- Revenue
- $28.7m
- Investments
- $0.0
- Employees
- 491
- Location
- San Antonio, TX
- Founding
- 12/1982
- Data as of
- 06/2021
- EIN
- 74-2244155
Organization Overview
The Army Retirement Residence Foundation - San Antonio is located in San Antonio, TX. The organization was established in 1982. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2021, Army Retirement Residence Foundation - San Antonio employed 491 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Army Retirement Residence Foundation - San Antonio 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, Army Retirement Residence Foundation - San Antonio generated $28.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.1% each year. All expenses for the organization totaled $28.3m during the year ending 06/2021. While expenses have increased by 2.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE THE FINEST ATMOSPHERE FOR RETIREMENT LIVING AND TO ALLOW RESIDENTS TO BE AS INDEPENDENT AS POSSIBLE, YET FREE TO USE THE COMMUNITY'S SERVICES AND AMENITIES AS THEY WISH, ALL AT THE MOST REASONABLE COST AND COMMENSURATE WITH THE OFFERING OF FIRST CLASS QUALITY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ARMY RESIDENCE COMMUNITY'S PRIMARY FOCUS IS PROVIDING SUPERIOR SENIOR LIVING TO RETIRED MILITARY MEMBERS AND THEIR SPOUSES. THE COMMUNITY PROVIDES ALL ESSENTIAL SERVICES TO INCLUDE SHELTER, FOOD, EXERCISE, SECURITY, HOUSEKEEPING, COUNSELING, TRANSPORTATION, AND OTHER ESSENTIAL LIVING SERVICES. THE FACILITIES INCLUDE APARTMENTS OR COTTAGES ON SITE. FEES RECEIVED FOR THESE SERVICES PAY FOR COMMUNITY EXPENSES SOLELY, AND ANY PROFIT IS USED TO PROVIDE FOR FURTURE DISCOUNTED HEALTHCARE SERVICES AS PROVIDED FOR IN THE LIFE-CARE CONTRACT. THE COMMUNITY ALSO PROVIDES SUPERIOR DINING SERVICES THROUGH SEVERAL VENUES THAT INCLUDE CASUAL, BISTRO STYLE, SPORTS BAR AND RETAIL CENTER SERVICES. THE INDEPENDENT LIVING RESIDENTS RECEIVE AN ALLOTED AMOUNT PER MONTH TO SPEND ON DINING SERVICES AT ANY OF THE VENUES. HEALTH CARE AND ASSISTED LIVING RESIDENTS RECEIVE THREE MEALS PER DAY, EXPENSES TO PROVIDE THESE SERVICES ARE IN EXCESS OF ROOM RATES AND MAINTENANCE FEES CHARGED, SO THE EXCESS IS PAID BY THE COMMUNITY.
THE ARMY RESIDENCE COMMUNITY PROVIDES RESIDENTS DISCOUNTED LONG-TERM CARE, SEMI-PRIVATE ROOMS AT A SUBSTANTIAL DISCOUNT AS PROVIDED FOR IN THE LIFE-CARE CONTRACT. THESE RATES PROVIDE FOR FOOD, SHELTER, AND ACTIVITIES FOR PERSONS UNDER A DOCTOR'S CARE IN NEED OF LONG-TERM CARE NURSING. IN ADDITION TO LONG-TERM CARE, THE ARMY RESIDENCE COMMUNITY ALSO PROVIDES MEDICARE A REHABILITATIVE SERVICES ON CAMPUS. THE FOCUS FOR MEDICARE A SERVICES IS TO BRING RESIDENTS HOME TO REHABILITATE BOTH ELECTIVE AND NON-ELECTIVE PROCEDURES NEAR THEIR LOVED ONES AND HOMES. THE ARMY RESIDENCE COMMUNITY BELIEVES THE REHABILITATION IS ENHANCED WHEN LOVED ONES ARE NEAR THE PATIENT. THE EXPENSES INCURRED FOR THESE SERVICES ARE IN EXCESS OF FEES RECEIVED. EXCESS EXPENDITURES ARE PAID FOR THE COMMUNITY AS A WHOLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Fuller CEO | Officer | 37 | $261,265 |
Gordon Shoger CFO | Officer | 37 | $171,560 |
Suzanne Huber Director Of Health Care | Officer | 40 | $155,320 |
Col Ret Tom Mcguire Chair | Trustee | 2 | $0 |
Mg Ret Warren V Patterson Director | Trustee | 2 | $0 |
Barbara B Gentry Vice Chair | Trustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alamo Companion Services Assistance/companion Care For Residence | 6/29/21 | $893,161 |
Aulic 403b For Employees | 6/29/21 | $756,839 |
Humana Health Plan Inc Employee Health Insurance | 6/29/21 | $1,355,618 |
Cps Energy Electricity & Gas | 6/29/21 | $1,220,913 |
Clean Scapes - San Antonio Llc Ground Maintenance | 6/29/21 | $795,433 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,560,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $183,751 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,743,751 |
| Total Program Service Revenue | $25,960,269 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $7,657 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,711,677 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $588,145 |
| Compensation of current officers, directors, key employees. | $2,712 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $12,072,251 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,410,311 |
| Payroll taxes | $973,119 |
| 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 | $0 |
| Fees for services: Other | $598,853 |
| Advertising and promotion | $248,925 |
| Office expenses | $321,628 |
| Information technology | $251,665 |
| Royalties | $0 |
| Occupancy | $2,919,086 |
| Travel | $8,276 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $493,644 |
| Insurance | $513,528 |
| All other expenses | $358,852 |
| Total functional expenses | $28,287,261 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,198,835 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $608,277 |
| 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 | $453,650 |
| Net Land, buildings, and equipment | $1,915,517 |
| Investments—publicly traded securities | $170,046 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$60,962 |
| Total assets | $4,285,363 |
| Accounts payable and accrued expenses | $2,477,534 |
| 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 | $0 |
| Other liabilities | $282,067 |
| Total liabilities | $2,759,601 |
| Net assets without donor restrictions | $1,363,123 |
| Net assets with donor restrictions | $162,639 |
| 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 | $4,285,363 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that The Army Retirement Residence Foundation - San Antonio has recieved totaling $22,500.
| Awarding Organization | Amount |
|---|---|
San Antonio Area Foundation San Antonio, TX PURPOSE: GENERAL SUPPORT | $22,500 |
Endowment Analysis
| Beg. Balance | $1,930,034 |
| Earnings | $326,545 |
| Admin Expense | $637 |
| Net Contributions | $51,425 |
| Ending Balance | $2,307,367 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buckingham Senior Living Community Inc Houston, TX | $218,611,316 | $37,036,824 |
Christian Care Center Inc Mesquite, TX | $74,221,740 | $38,224,104 |
Bph Holding Co Inc Houston, TX | $217,127,228 | $37,812,066 |
Morningside Ministries San Antonio, TX | $133,717,947 | $38,051,355 |
Cumberland Rest Home Trinity Terrace Fort Worth, TX | $284,578,418 | $42,657,417 |
Baptist Community Services Amarillo, TX | $103,635,790 | $32,393,349 |
Manor Park Inc Midland, TX | $107,955,732 | $31,983,916 |
Central Oklahoma United Methodist Retirement Facility Inc Oklahoma City, OK | $92,530,594 | $26,932,223 |
The Army Retirement Residence Foundation - San Antonio San Antonio, TX | $4,285,363 | $28,711,677 |
St James Place Of Baton Rouge Baton Rouge, LA | $72,313,074 | $25,820,811 |
Carillon Inc Lubbock, TX | $54,922,935 | $25,109,612 |
Bph Holding Co Inc Austin, TX | $121,151,159 | $22,617,452 |