2026-01-14T09:45:14-06:00 2025-02-28 410746749 CLIFTONLARSONALLEN LLP 475 REGENCY PARK SUITE 175 OFALLON IL 62269 990 2024-10-25 331771736 AVENTUR INC AVEN 6239332807 10015 WEST ROYAL OAK ROAD SUN CITY AZ 85351 A CARTER SMITHERMAN CFO 6239332807 2026-01-13 1 1 JEFF PARKER P00970069 6182331200 2026-01-13 2024 2025-03-06 01:10:19Z X GRETCHEN COBB 10015 WEST ROYAL OAK ROAD SUN CITY AZ 85351 0 0 X WWW.AVENTUR.ORG X 2024 AZ TO PARTNER WITH COMMUNITIES TO FOSTER INNOVATION, EMPATHY, AND MEANINGFUL LIVES FOR ALL. 5 5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 198826 198826 -198826 0 0 0 FUSING INNOVATION WITH EXPERIENCE TO UNLEASH POTENTIAL. 0 0 0 0 0 AVENTUR, INC. PROVIDES LEADERSHIP AND MANAGEMENT SERVICES FOR ITS SUBSIDIARY ORGANIZATIONS TO CREATE AND ENHANCE LIFESTYLE OPPORTUNITIES FOR SENIORS. SUCH SERVICES INCLUDE EMPLOYEE RELATIONS AND HUMAN RESOURCES, FINANCE AND ACCOUNTING MANAGEMENT, MARKETING AND OCCUPANCY SUPPORT, OPERATIONAL LEADERSHIP, AND INFORMATION TECHNOLOGY STRATEGIES AND SUPPORT. 1 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 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X A CARTER SMITHERMAN 6239332807 10015 WEST ROYAL OAK ROAD SUN CITY AZ 85351 LOUIS JOHNSON CHAIR 1.00 1.00 X X 0 0 0 ROGER MCCLAIN SECRETARY 1.00 1.00 X X 0 0 0 ANDREW LENICK TREASURER 1.00 1.00 X X 0 0 0 TUCKER MACON DIRECTOR 1.00 1.00 X 0 0 0 CLAUDIA RUMWELL DIRECTOR 1.00 1.00 X 0 0 0 KENDRA EBERHART CEO 1.00 39.00 X 0 632506 85373 CARTER SMITHERMAN CFO 1.00 39.00 X 0 393278 69877 GRETCHEN COBB COO 1.00 39.00 X 0 420169 40082 0 1445953 195332 0 0 1 0 0 0 0 0 0 X 112928 112928 73224 73224 6997 6997 5677 5677 198826 0 198826 0 0 0 0 0 X 0 0 0 0 0 X -198826 198826 X X 0 1 X 1 0 X X 1 PEOPLE OF FAITH 860410807 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 X 0 0 0 0 0 0 0 0 198826 0 198826 0 198826 0 1 0 0 0 0 0 0 0 KENDRA EBERHART CEO 0 341686 0 117206 0 173614 0 79651 0 5722 0 717879 0 0 CARTER SMITHERMAN CFO 0 205356 0 38286 0 149636 0 54665 0 15212 0 463155 0 0 GRETCHEN COBB COO 0 246436 0 45413 0 128320 0 40082 0 0 0 460251 0 0 PART I, LINE 3 THE CEO'S COMPENSATION IS DETERMINED BY PEOPLE OF FAITH, INC. (DBA: ROYAL OAKS), THE SUPPORTED ORGANIZATION. THE FOLLOWING WERE USED BY PEOPLE OF FAITH, INC. IN DETERMINING THE CEO'S COMPENSATION: 1. INDEPENDENT COMPENSATION CONSULTANT 2. FORM 990 OF OTHER ORGANIZATIONS 3. COMPENSATION SURVEY OR STUDY 4. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE PART I, LINE 4B THE PRESIDENT/CEO, COO AND CFO PARTICIPATED IN A 457(F) PLAN WITH PEOPLE OF FAITH, INC. DURING THE YEAR. THE PLAN PROVIDES THE PARTICIPANT WITH SUPPLEMENTAL DEFERRED COMPENSATION, SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE, TO ENCOURAGE CONTINUED EMPLOYMENT FOR A SIGNIFICANT PERIOD OF TIME. IN 2024, $56,043 ACCRUED WITHIN THE PLAN FOR THE CEO, $40,108 WAS ACCRUED WITHIN THE PLAN FOR THE COO, AND $33,988 WAS ACCRUED WITHIN THE PLAN FOR THE CFO. THESE AMOUNTS ARE INCLUDED IN PART II, COLUMN C AS OTHER DEFERRED COMPENSATION. FORM 990, PART VI, SECTION A, LINE 1A THE BOARD OF DIRECTORS IS AUTHORIZED BY THE ORGANIZATION'S BYLAWS TO ESTABLISH AN EXECUTIVE COMMITTEE AND OTHER COMMITTEES AS NEEDED. IF AN EXECUTIVE COMMITTEE IS CREATED, IT CONSISTS EXCLUSIVELY OF BOARD MEMBERS, WITH AT LEAST THREE DIRECTORS SERVING ON THE COMMITTEE. THIS COMMITTEE MAY EXERCISE THE POWERS OF THE BOARD BETWEEN MEETINGS, EXCEPT FOR CERTAIN MATTERS THAT, BY LAW OR BY SPECIFIC RESERVATION IN THE BYLAWS, REMAIN SOLELY WITHIN THE BOARD'S AUTHORITY. THESE EXCEPTIONS INCLUDE FILLING VACANCIES ON THE BOARD OR ITS COMMITTEES, ADOPTING, AMENDING, OR REPEALING THE ARTICLES OF INCORPORATION OR BYLAWS, APPROVING TRANSACTIONS OUTSIDE THE ORDINARY COURSE OF BUSINESS, AND SETTING COMPENSATION FOR DIRECTORS. THE BOARD RETAINS THE RIGHT TO FURTHER LIMIT THE COMMITTEE'S AUTHORITY BY RESOLUTION, AND ALL SUCH COMMITTEES SERVE AT THE PLEASURE OF THE BOARD, WHICH MAY REMOVE THEM AT ANY TIME, WITH OR WITHOUT CAUSE. ANY VACANCIES ON THE COMMITTEE MAY ONLY BE FILLED BY THE BOARD ITSELF. COMMITTEES ACT ONLY DURING THE INTERVALS BETWEEN BOARD MEETINGS AND ARE ALWAYS SUBJECT TO THE BOARD'S CONTROL AND DIRECTION. ACTIONS TAKEN BY THE COMMITTEE REQUIRE THE APPROVAL OF A MAJORITY OF ITS AUTHORIZED MEMBERS. NO NON-BOARD MEMBERS ARE PERMITTED TO SERVE ON THESE COMMITTEES, AND THE SCOPE OF THEIR AUTHORITY IS STRICTLY LIMITED TO WHAT THE BOARD DELEGATES. THIRD PARTIES ARE ENTITLED TO RELY ON THE COMMITTEE'S ACTIONS, PROVIDED THOSE ACTIONS ARE WITHIN THE AUTHORITY GRANTED BY THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING, THE FORM 990 WAS REVIEWED BY THE CFO AND UPLOADED TO A SECURE BOARD PORTAL FOR REVIEW BY THE BOARD OF DIRECTORS AT THE NEXT AVAILABLE BOARD MEETING SUBSEQUENT TO FILING, THE 990 IS PRESENTED AND DISCUSSED. FORM 990, PART VI, SECTION B, LINE 12C AVENTUR, INC. HAS A WRITTEN CONFLICT OF INTEREST POLICY COVERING DIRECTORS, OFFICERS, COMMITTEE MEMBERS WITH BOARD-DELEGATED POWERS, AND OTHER PERSONS WITH SUBSTANTIAL INFLUENCE. COVERED INDIVIDUALS MUST DISCLOSE ACTUAL OR POTENTIAL CONFLICTS AND ALL MATERIAL FACTS TO THE BOARD OR RELEVANT COMMITTEE. AFTER DISCLOSURE, THE INTERESTED PERSON LEAVES THE MEETING WHILE QUALIFIED, NON-CONFLICTED MEMBERS DETERMINE IF A CONFLICT EXISTS. IF A CONFLICT IS FOUND, THE BOARD OR COMMITTEE CONSIDERS ALTERNATIVES AND DETERMINES WHETHER THE TRANSACTION IS FAIR, REASONABLE, AND IN THE ORGANIZATION'S BEST INTEREST. INTERESTED PERSONS ARE PROHIBITED FROM PARTICIPATING IN DELIBERATIONS OR VOTING ON THE TRANSACTION. ALL PROCEEDINGS, DISCLOSURES, AND DECISIONS ARE DOCUMENTED IN MEETING MINUTES. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION ENGAGES A THIRD-PARTY COMPENSATION CONSULTANT WITH SPECIALIZED EXPERIENCE AND KNOWLEDGE IN THE SENIOR LIVING AND HEALTH CARE INDUSTRIES TO REVIEW EXECUTIVE COMPENSATION. THE CONSULTANT UTILIZES MULTIPLE OBJECTIVE DATA SOURCES, INCLUDING INDUSTRY COMPENSATION STUDIES AND FORMS 990 FROM COMPARABLE ORGANIZATIONS, AND PREPARES A COMPREHENSIVE COMPENSATION REPORT FOR REVIEW BY THE BOARD OF TRUSTEES. CEO, CFO AND COO COMPENSATION IS REVIEWED ANNUALLY BY THE INDEPENDENT COMPENSATION CONSULTANT AND PRESENTED TO THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES WILL APPROVE COMPENSATION ADJUSTMENTS FOR THE CEO AND THE CEO WILL APPROVE COMPENSATION ADJUSTMENTS FOR THE CFO AND COO. THE REVIEW PROCESS AND SUPPORTING DOCUMENTATION ARE MAINTAINED IN THE ORGANIZATION'S RECORDS. COMPENSATION FOR OTHER OFFICERS AND KEY EMPLOYEES IS REVIEWED ANNUALLY BY THE CEO IN COLLABORATION WITH THE COMPENSATION CONSULTANT AND CFO. THIS REVIEW IS INFORMED BY MULTIPLE DATA SOURCES, INCLUDING INDEPENDENT COMPENSATION STUDIES AND MARKET BENCHMARKS, AND SUPPORTING DOCUMENTATION ARE MAINTAINED IN THE ORGANIZATION'S RECORDS. THE PROCESS DESCRIBED ABOVE LAST TOOK PLACE IN 2024. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 73,224. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 73,224. FORM 990, PART XI, LINE 9: TRANSFER FROM CACTUS SKY 198,826. 990, PAGE 12, PART XII, LINE 2C THE PROCESS FOR OVERSIGHT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. PEOPLE OF FAITH INC 10015 WEST ROYAL OAK ROAD SUN CITY AZ 85351 860410807 RETIREMENT COMMUNITY AZ 501(C)(3) LINE 10 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1