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Nonprofit · EIN 23-7458267

LIFESTREAM COMPLETE SENIOR LIVING INC

Tax-exempt · COLORADO SPGS, CO 80921

Financials

$7.1M$8.3M2023$11.6M$11.1M2024
Revenue Expenses · by fiscal year end
Financials of LIFESTREAM COMPLETE SENIOR LIVING INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$11,580,933$11,070,927$510,006$20,899,698$12,922,468$7,977,230
December 31, 2023990$7,131,409$8,286,528-$1,155,119$21,060,205$13,659,672$7,400,533
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$145,193
of which government grants
$144,500
Program service revenue
$8,585,161
Investment income
$2,790,055
Net gain from sales of assets
$2,585,321
Other revenue
$60,524

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$4,027,765
Salaries, compensation and benefits (total)
$4,758,041
Professional fundraising fees
$0
Legal fees
$21,211
Accounting fees
$69,250
Occupancy
$1,572,289
Travel
$10,358
Depreciation
$1,335,698
Program services (functional)
$10,782,044
Management and general (functional)
$288,883

Balance sheet and other

Total assets, start of year
$21,060,205
Total assets, end of year
$20,899,698
Total liabilities, end of year
$12,922,468
Net assets, end of year
$7,977,230
Land, buildings and equipment
$13,367,841
Publicly traded securities
$1,672,321
Net assets without donor restrictions
$6,326,841
Net assets with donor restrictions
$1,650,389
Gross receipts
$11,580,933
Employees
158
Volunteers
1
Year formed
1975
State of legal domicile
AZ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DANA RASICBOARD CHAIR/CEO
Trustee or director, Officer
5$0$407,174$34,700
NATHAN MERRILLBOARD TREASURER/CFO
Trustee or director, Officer
5$0$311,825$38,304
RICK SUMMERSVICE PRESIDENT/COO
Trustee or director, Officer
7$0$297,506$18,741
CHRISTI MILLERBOARD MEMBER/VP OF HUMAN RESOURCES
Trustee or director
7$0$227,426$17,882
KRISTEN JACOBYBOARD MEMBER/RGNL DIRECTOR OPS.
Trustee or director
0$0$169,236$3,734
AUSTIN HARBACHASSISTANT SECRETARY
Trustee or director, Officer
5$0$157,189$15,482
DEBRA BLANEYEXECUTIVE DIRECTOR
Highest-paid employee
40$0$109,171$13,191
DON MORGANBOARD MEMBER
Trustee or director
0.5$0$70,167$0
DAN VAGLEBOARD MEMBER
Trustee or director
0.5$0$65,604$0
DALE TURNERBOARD MEMBER
Trustee or director
0.5$0$65,604$0
LARRY SMITHBOARD MEMBER
Trustee or director
0.5$0$32,775$0
JENNY KENNEDYBOARD SECRETARY
Trustee or director, Officer
0.5$0$10,700$0
TOM WORKMANASSISTANT SECRETARY
Trustee or director, Officer
0.5$0$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DANA RASICBOARD CHAIR / CEO
Trustee or director, Officer
2$0$364,389$15,902
NATHAN MERRILLTREASURER / CFO
Trustee or director, Officer
2$0$249,361$20,032
RICK SUMMERSBOARD MEMBER / COO
Trustee or director, Officer
3$0$241,509$13,033
AUSTIN HARBACHASSISTANT SECRETARY
Trustee or director, Officer
2$0$115,312$10,479
DAVID KAFORAEXECUTIVE DIRECTOR (END 10/23)
Highest-paid employee
40$0$109,445$117
DALE TURNERBOARD MEMBER
Trustee or director
1$0$61,000$0
DAN VAGLEBOARD MEMBER
Trustee or director, Officer
1$0$61,000$0
DON MORGANBOARD MEMBER
Trustee or director
1$0$61,000$0
LARRY SMITHBOARD MEMBER
Trustee or director
1$0$30,500$0
JENNY KENNEDYBOARD MEMBER
Trustee or director, Officer
1$0$10,453$0
TOM WORKMANASSISTANT SECRETARY
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
15475 GLENEAGLE DR, COLORADO SPGS, CO 80921-2596
In care of
% LIFE
Principal officer (990 for 2024)
NATHAN MERRILL, 15475 GLENEAGLE DRIVE, COLORADO SPRINGS, CO 80921
Signed the 990
NATHAN MERRILL, CFO
Phone
(719) 487-5386
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

OUR MISSION IS TO SERVE SENIORS BY ENRICHING THEIR PHYSICAL, EMOTIONAL AND SPIRITUAL HEALTH IN A CLOSE-KNIT COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION PROVIDES HEALTH CARE SERVICES TO APPROXIMATELY 57 SENIOR RESIDENTS AT A REASONABLE COST. OUR MISSION IS ACTED OUT BY 54 ASSOCIATES. WE HAVE CHAPLAINS THAT ATTEND TO THE SPIRITUAL AND EMOTIONAL NEEDS OF OUR RESIDENTS. THE CHALLENGES OUR CHAPLAINS FACE EXTEND FROM SENIOR'S FEARS AND FRUSTRATIONS TO ILLNESSES AND THE LOSS OF LOVED ONES. ON A DAILY BASIS OUR ASSOCIATES HELP RESIDENTS MAKE THE TRANSITION FROM DISCOMFORT TO CONTENTMENT AND FROM APPREHENSION TO ASSURANCE FROM UNCERTAINTY.
    Expenses $3,838,597 · revenue $1,594,858
  • THE ORGANIZATION PROVIDES QUALITY AFFORDABLE HOUSING AND SERVICES TO APPROXIMATELY 344 SENIOR RESIDENTS AT A REASONABLE COST. RESIDENTS CAN ENJOY THE OUTDOORS AS WELL AS A VARIETY OF SOCIAL ACTIVITIES. SERVICES SUCH AS MEDICATION MANAGEMENT, WELL-BEING CHECKS, PET CARE, TRANSPORTATION TO MEALS, COMPANION SERVICE AND A HOST OF OTHER SERVICES ARE AVAILABLE TO OUR SENIOR HOUSING RESIDENTS. WE ALSO HAVE CHAPLAINS THAT ATTEND TO THE SPIRITUAL AND EMOTIONAL NEEDS OF OUR RESIDENTS.
    Expenses $6,943,447 · revenue $6,990,303

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7458267
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1976
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P750)
Assets (IRS master file)
$20,899,698
Income (IRS master file)
$11,580,933

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$11,580,933$11,070,927$20,899,698IRS
990December 2023$7,131,409$8,286,528$21,060,205XML
990December 2022$11,385,197$13,488,215$26,335,164IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7458267).

Questions about LIFESTREAM COMPLETE SENIOR LIVING INC

What is the EIN of LIFESTREAM COMPLETE SENIOR LIVING INC?
The employer identification number (EIN) of LIFESTREAM COMPLETE SENIOR LIVING INC is 23-7458267.
Is LIFESTREAM COMPLETE SENIOR LIVING INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
Are donations to LIFESTREAM COMPLETE SENIOR LIVING INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFESTREAM COMPLETE SENIOR LIVING INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIFESTREAM COMPLETE SENIOR LIVING INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFESTREAM COMPLETE SENIOR LIVING INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIFESTREAM COMPLETE SENIOR LIVING INC?
The 990 for the year ended December 31, 2024 names NATHAN MERRILL.
Who are the officers and directors of LIFESTREAM COMPLETE SENIOR LIVING INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does LIFESTREAM COMPLETE SENIOR LIVING INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $11,580,933, expenses of $11,070,927 and total assets of $20,899,698 at year end.

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