2026-08-17T17:20:00-05:00 2025-09-30 341884125 CBIZ ADVISORS LLC 4722 N 24TH ST STE 300 PHOENIX AZ 85016 990 2024-10-01 860292390 LIFEWELL LIFE 6028082800 3003 N CENTRAL AVENUE SUITE 400 PHOENIX AZ 850122914 MICHAEL MARION TREASURER 6028082800 2026-08-17 1 1 KRISTEN M BASS P01247587 6022646835 2026-08-17 2024 2025-03-06 01:10:19Z X MEGAN POCOCK 3003 N CENTRAL AVENUE SUITE 400 PHOENIX AZ 850122914 4420524 0 X N/A X 1974 AZ LIFEWELL'S MISSION IS TO ENSURE ACCESS TO SAFE, AFFORDABLE HOUSING AND SUPPORTIVE RESOURCES THAT ENABLE INDIVIDUALS WITH SERIOUS MENTAL ILLNESS AND OTHER DISABLING CONDITIONS TO LIVE INDEPENDENTLY AND SUCCESSFULLY WITHIN THEIR COMMUNITIES. X 7 6 587 6 0 0 3050 236687 40121841 4180161 401159 0 0 3676 40526050 4420524 0 0 0 0 31493896 205325 0 0 0 12911213 3731719 44405109 3937044 -3879059 483480 42632067 16090792 20445342 3878854 22186725 12211938 X LIFEWELL'S MISSION IS TO ENSURE ACCESS TO SAFE, AFFORDABLE HOUSING AND SUPPORTIVE RESOURCES THAT ENABLE INDIVIDUALS WITH SERIOUS MENTAL ILLNESS AND OTHER DISABLING CONDITIONS TO LIVE INDEPENDENTLY AND SUCCESSFULLY WITHIN THEIR COMMUNITIES. 0 1 3199694 4180161 LIFEWELL PROVIDES HOUSING OPERATIONS AND PROPERTY MANAGEMENT SERVICES THAT SUPPORT SAFE, AFFORDABLE, AND STABLE HOUSING FOR ADULTS WITH SERIOUS MENTAL ILLNESS (SMI), VISUAL IMPAIRMENTS, SUBSTANCE USE DISORDERS, AND CO-OCCURRING CONDITIONS. SERVICES INCLUDE TENANT PLACEMENT, LEASE ADMINISTRATION, OCCUPANCY MANAGEMENT, HOUSING INSPECTIONS, MAINTENANCE COORDINATION, COMPLIANCE OVERSIGHT, AND COLLABORATION WITH CLINICAL AND COMMUNITY PARTNERS TO PROMOTE HOUSING STABILITY, INDEPENDENCE, AND SUCCESSFUL TENANCY. HOUSING SUPPORT STAFF ARE AVAILABLE 24/7 TO ADDRESS HOUSING-RELATED NEEDS. 3199694 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 40 0 1 587 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 1 0 1 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X MICHAEL MARION 6025122968 3003 N CENTRAL AVENUE SUITE 400 PHOENIX AZ 85012 MICHAEL KURTENBACH BOARD MEMBER 1.00 2.00 X 0 0 0 BUFFY WOOTEN BOARD MEMBER 1.00 2.00 X 0 0 0 CAROLYN KROOT BOARD MEMBER 1.00 2.00 X 0 0 0 CALVIN COLE BOARD MEMBER 1.00 2.00 X 0 0 0 WILLIAM BUCKY BIDWILL III BOARD MEMBER 1.00 2.00 X 0 0 0 RENEE OSIPOV BOARD MEMBER 1.00 2.00 X 0 0 0 MICHAEL MARION TREASURER 5.00 40.00 X X 0 204278 8615 MEGAN POCOCK VICE PRESIDENT FINANCE 40.00 X 186922 0 54006 KAREN HOFFMAN TEPPER PRESIDENT/CEO OF TERROS 5.00 40.00 X 0 344780 22607 BRYAN COLBY VP OF INFORMATION TECHNOLOGY 40.00 X 178756 0 24655 NICOLE CUPP-HERRING CHIEF OF SPECIALTY SERVICES 40.00 X 192095 0 49400 RAMIRO GUILLEN CHIEF MEDICAL OFFICER 40.00 X 324665 0 19806 DORIS JENEAN HOTZ CHIEF ADMIN OFFICER/CCO 40.00 X 321858 0 27143 ALEXANDRA SCHINDLER SENIOR DIRECTOR OF TOTAL REWARDS 40.00 X 151778 0 25480 LARRY J COWLEY PSYCHIATRIST 40.00 X 171634 0 3000 ADAM GENO NURSE PRACTITIONER 40.00 X 175652 0 21746 VERONICA HURD NURSE PRACTITIONER ACT 40.00 X 213758 0 10812 ALEXANDRA JAKAB PROGRAM COORDINATOR I 40.00 X 169423 0 13361 LISA LOWNSBURY PSYCHIATRIST 40.00 X 171212 0 7342 2257753 549058 287973 38 0 1 0 POLSINELLI PC 900 W 48TH PLACE SUITE 900 KANSAS CITY MO 64112 LEGAL FEES 269570 YADIRA MAGANA 5619 W HEATHERBRAE DR PHOENIX AZ 85031 REPAIR SERVICES 235075 STEVEN WIGGS PC 835 W WARNER RD SUITE 101-444 GILBERT AZ 85233 LEGAL FEES 195889 ANGREST LLC 1334 E CHANDLER BLVD SUITE 5 D-09 PHOENIX AZ 85048 REPAIR SERVICES 106554 4 51497 185190 180000 236687 RENTAL INCOME 532000 3409307 3409307 PROPERTY MANAGEMENT 611430 770854 770854 4180161 OTHER REVENUE 900099 3676 3676 3676 4420524 4180161 0 3676 162019 162019 30556 30556 12750 12750 735719 735719 4357 4357 5290 5290 18253 18253 11121 11121 1404958 1404958 1874 1874 187183 187183 751234 751234 381788 381788 BAD DEBT 161484 161484 REPAIRS & MAINTENANCE 45498 45498 BANK FEES 20644 20644 2316 685 1631 3937044 3199694 737350 0 7330286 280423 258355 254917 0 4694 4991602 468521 63791 0 702727 99148 14859577 747468 15756122 14112109 10122964 0 3406220 870980 42632067 16090792 3223293 265160 2866276 174935 10240683 3341654 4115090 97105 20445342 3878854 X 22021931 12099352 164794 112586 22186725 12211938 42632067 16090792 X 483480 -10458267 X 0 1 X 1 0 X 6365404 99670 191322 3050 236687 6896133 42904002 45698637 40914130 40121841 4180161 173818771 49269406 45798307 41105452 40124891 4416848 180714904 0 0 0 180714904 25136 19367 177010 397711 0 619224 25136 19367 177010 397711 619224 3676 3676 49294542 45817674 41282462 40522602 4420524 181337804 0.99660 0.99700 0.00340 0.00300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 3937044 3937044 346852 86713 0 0 1000000 1000000 1000000 1000000 4000000 6000000 66000 66000 66000 0 198000 250000 250000 250000 250000 1000000 1500000 3584516 3584516 7945710 521501 7424209 3329351 225967 3103384 14112109 DEPOSITS 1800 DUE FROM TERROS 762873 DUE FROM HUD AFFILIATES 106307 870980 PAYABLE TO FUNDERS 57389 CLIENT DEPOSITS 39716 97105 X PART X, LINE 2: LIFEWELL QUALIFIES AS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND, ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. IN ADDITION, LIFEWELL QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 OF THE CODE AND HAVE BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. INCOME DETERMINED TO BE UNRELATED BUSINESS TAXABLE INCOME ("UBTI") WOULD BE TAXABLE. LIFEWELL EVALUATES ITS UNCERTAIN TAX POSITIONS, IF ANY, ON A CONTINUAL BASIS THROUGH REVIEW OF ITS POLICIES AND PROCEDURES, REVIEW OF ITS REGULAR TAX FILINGS, AND DISCUSSIONS WITH OUTSIDE EXPERTS. FEDERAL INCOME TAX RETURNS GENERALLY REMAIN OPEN FOR THREE YEARS AFTER THEY WERE FILED AND STATE INCOME TAX RETURNS GENERALLY REMAIN OPEN FOR FOUR YEARS AFTER THEY WERE FILED, AND BOTH ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. X X X X X 1 0 0 0 0 0 0 1 0 KAREN HOFFMAN TEPPER PRESIDENT/CEO OF TERROS 0 344333 0 65 0 382 0 13707 0 8900 0 367387 0 0 DORIS JENEAN HOTZ CHIEF ADMIN OFFICER/CCO 316350 0 0 0 5508 0 26000 0 1143 0 349001 0 0 0 RAMIRO GUILLEN CHIEF MEDICAL OFFICER 262793 0 0 0 61872 0 1000 0 18806 0 344471 0 0 0 NICOLE CUPP-HERRING CHIEF OF SPECIALTY SERVICES 185761 0 2769 0 3565 0 26000 0 23400 0 241495 0 0 0 MEGAN POCOCK VICE PRESIDENT FINANCE 184785 0 248 0 1889 0 26000 0 28006 0 240928 0 0 0 VERONICA HURD NURSE PRACTITIONER ACT 207063 0 5998 0 697 0 3000 0 7812 0 224570 0 0 0 MICHAEL MARION TREASURER 0 193434 0 10065 0 779 0 7737 0 878 0 212893 0 0 BRYAN COLBY VP OF INFORMATION TECHNOLOGY 176424 0 441 0 1891 0 3003 0 21652 0 203411 0 0 0 ADAM GENO NURSE PRACTITIONER 168249 0 7182 0 221 0 3000 0 18746 0 197398 0 0 0 ALEXANDRA JAKAB PROGRAM COORDINATOR I 168229 0 363 0 831 0 1004 0 12357 0 182784 0 0 0 LISA LOWNSBURY PSYCHIATRIST 169910 0 0 0 1302 0 0 0 7342 0 178554 0 0 0 ALEXANDRA SCHINDLER SENIOR DIRECTOR OF TOTAL REWARDS 149242 0 488 0 2048 0 25480 0 0 0 177258 0 0 0 LARRY J COWLEY PSYCHIATRIST 166347 0 332 0 4955 0 3000 0 0 0 174634 0 0 0 PART I, LINE 3 DURING CALENDAR YEAR 2024, LIFEWELL FOLLOWED A COMPENSATION REVIEW PROCESS UNDER WHICH THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS SERVED AS THE COMPENSATION COMMITTEE. THE COMPENSATION COMMITTEE ANNUALLY REVIEWED AND MADE RECOMMENDATIONS REGARDING THE PRESIDENT/CEO'S COMPENSATION. IN CONDUCTING ITS REVIEW, THE COMMITTEE CONSIDERED THE FOLLOWING WHEN SETTING COMPENSATION: PERFORMANCE, SKILLS AND COMPETENCIES, DEVELOPMENT AND GROWTH, AND EFFECTIVE VISIBLE COMMITMENT TO THE ORGANIZATION. COMPENSATION ADJUSTMENTS WERE BASED ON JOB PERFORMANCE AND CHANGES IN THE NONPROFIT MARKETPLACE, SUBJECT TO THE ORGANIZATION'S FINANCIAL RESOURCES. THE PROCESS INCLUDED STRUCTURED PERFORMANCE EVALUATIONS WITH MEASURABLE INDIVIDUAL GOALS AND BENCHMARKS FOR SUCCESS, AS WELL AS CONSIDERATION OF EXTERNAL MARKET DATA, COMPENSATION STUDIES, AND, WHEN APPROPRIATE, THE ADVICE OF AN INDEPENDENT COMPENSATION CONSULTANT TO ASSESS THE REASONABLENESS OF COMPENSATION. FOLLOWING THE ACQUISITION, OFFICERS AND KEY EMPLOYEES PROVIDING SERVICES TO LIFEWELL BECAME EMPLOYEES OF TERROS HEALTH EFFECTIVE JANUARY 1, 2025, AND ARE COMPENSATED THROUGH TERROS HEALTH'S PAYROLL AND COMPENSATION PRACTICES. THE PRESIDENT/CEO'S COMPENSATION IS REVIEWED AND APPROVED ANNUALLY BY THE TERROS HEALTH BOARD OF DIRECTORS, WITH SUCH APPROVAL DOCUMENTED IN THE EXECUTIVE COMMITTEE MEETING MINUTES. IN DETERMINING EXECUTIVE COMPENSATION, TERROS HEALTH OBTAINS AN ANNUAL EXECUTIVE COMPENSATION STUDY THAT INCLUDES REGIONAL MARKET DATA AND COMPARATIVE COMPENSATION INFORMATION TO SUPPORT THE REASONABLENESS OF COMPENSATION. PART I, LINE 4A RAMIRO GUILLEN RECEIVED $27,478 IN SEVERANCE COMPENSATION. PART I, LINE 7 NONFIXED BONUS PAYMENTS ARE PROVIDED TO EMPLOYEES BASED ON MANAGEMENT'S RECOMMENDATION AND BOARD OF DIRECTORS APPROVAL. X LOAN FORGIVENESS 1 180000 FMV 0 0 0 0 INVESTMENTS TRANSFERED DUE TO REORGANIZATION 2024-10-01 10458267 CASH VALUE OF LIFEWELL INVESTMENTS LIQUIDATED AFTER TERROS ACQUISITON AND TRANSFERRED TO TERROS'S CASH ACCOUNTS 860252067 TERROS INC 3003 N CENTRAL AVENUE SUITE 4 PHOENIX AZ 850122914 501(C)(3) 0 1 0 0 PART II, LINE 2E: EXPLANATION OF INVOLVEMENT: EFFECTIVE OCTOBER 1, 2024, LIFEWELL BECAME A SUBSIDIARY OF TERROS, INC. D/B/A TERROS HEALTH. FOLLOWING THE ACQUISITION, OFFICERS AND KEY EMPLOYEES PROVIDING SERVICES TO LIFEWELL BECAME EMPLOYEES OF TERROS HEALTH EFFECTIVE JANUARY 1, 2025. FORM 990, PART III, LINE 3 EFFECTIVE OCTOBER 1, 2024, LIFEWELL BECAME A SUBSIDIARY OF TERROS, INC. D/B/A TERROS HEALTH. AS PART OF THE TRANSACTION, LIFEWELL TRANSFERRED ITS CLINICAL OPERATIONS, INCLUDING OUTPATIENT, DIRECT CARE, AND RESIDENTIAL TREATMENT SERVICES, TO TERROS HEALTH. LIFEWELL'S ONGOING ACTIVITIES ARE FOCUSED ON THE OWNERSHIP, OPERATION, AND MANAGEMENT OF AFFORDABLE AND SUPPORTIVE HOUSING FOR INDIVIDUALS WITH BEHAVIORAL HEALTH AND OTHER DISABLING CONDITIONS. FORM 990, PART VI, SECTION A, LINE 4 DURING THE YEAR, THE ORGANIZATION ADOPTED AMENDED AND RESTATED BYLAWS TO REFLECT ITS RELATIONSHIP WITH TERROS, INC. D/B/A TERROS HEALTH. THE AMENDED BYLAWS DESIGNATE TERROS HEALTH AS THE ORGANIZATION'S SOLE MEMBER AND PROVIDE THE MEMBER WITH CERTAIN GOVERNANCE RIGHTS, INCLUDING THE ELECTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 6 THE CORPORATION SHALL HAVE ONE MEMBER WHICH SHALL BE TERROS, INC., AN ARIZONA NONPROFIT CORPORATION, DOING BUSINESS AS TERROS HEALTH. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, TERROS INC., HAS THE AUTHORITY TO ELECT MEMBERS OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S PRESIDENT/CEO, EXECUTIVE DIRECTOR, AND BOARD TREASURER WILL REVIEW AND APPROVE THE FORM 990 PRIOR TO IT BEING SUBMITTED TO THE IRS. FOLLOWING THEIR REVIEW, IT WILL BE SENT TO THE BOARD MEMBERS FOR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS AND CORPORATE OFFICERS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST FORM UPON APPLICATION TO THE BOARD OF DIRECTORS OR HIRE, RESPECTIVELY AND ANNUALLY AT THE START OF THE NEW FISCAL YEAR. IF A NEW CONFLICT OF INTEREST BECOMES KNOWN, BOARD MEMBERS AND CORPORATE OFFICERS ARE REQUIRED TO UPDATE THEIR CONFLICT OF INTEREST FORM AS SOON AS POSSIBLE. EACH CONFLICT OF INTEREST IS REVIEWED ON A CASE-BY-CASE BASIS AND ADDRESSED ACCORDINGLY. THE BOARD WILL VOTE TO APPROVE ANY POTENTIAL OR ACTUAL CONFLICT OF INTEREST INVOLVING A BOARD MEMBER. FORM 990, PART VI, SECTION B, LINE 15 SUBSEQUENT TO THE ACQUISITION OF LIFEWELL BY TERROS, INC. D/B/A TERROS HEALTH, AND EFFECTIVE JANUARY 1, 2025, OFFICERS AND KEY EMPLOYEES PROVIDING SERVICES TO LIFEWELL BECAME EMPLOYEES OF AND ARE COMPENSATED BY TERROS HEALTH, A RELATED ORGANIZATION AND LIFEWELL'S SOLE MEMBER. TERROS HEALTH HAS A PROCESS IN PLACE FOR DETERMINING THEIR COMPENSATION AS IT RELATES TO SERVICES THEY PROVIDE TO TERROS HEALTH AND ITS AFFILIATES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION GENERALLY DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, NOR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS DUE TO TERROS AQUISITION OF LIFEWELL -10,458,267. TERROS INC 3003 N CENTRAL AVENUE SUITE 400 PHOENIX AZ 85012 860282067 BEHAVIORAL HEALTH SERVICES AZ 501(C)(3) LINE 10 N/A 0 TRIPLE R COMMUNITY HOUSING I INC 3003 N CENTRAL AVENUE SUITE 400 PHOENIX AZ 85012 270731486 16 UNIT COMPLEX PROVIDING HOUSING FOR ILL INDIVIDUALS AZ 501(C)(3) LINE 10 TERROS 0 DESERT ESPARANZA 3003 N CENTRAL AVENUE SUITE 400 PHOENIX AZ 85012 202959364 16 UNIT COMPLEX PROVIDING HOUSING FOR ILL INDIVIDUALS AZ 501(C)(3) LINE 10 TERROS 0 DESERT SOL 3003 N CENTRAL AVENUE SUITE 400 PHOENIX AZ 85012 208433021 14 UNIT COMPLEX PROVIDING HOUSING FOR ILL INDIVIDUALS AZ 501(C)(3) LINE 10 TERROS 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 1 0 PART I: INDENTIFICATION OF DISREGARDED ENTITIES BARGAIN BEDS & FURNITURE LLC (EIN: 27-2031179) WAS REPORTED AS A DISREGARDED ENTITY OF LIFEWELL IN PRIOR YEARS; HOWEVER, THE ENTITY CEASED OPERATIONS AND WAS TERMINATED EFFECTIVE OCTOBER 1, 2024.