Nonprofit · EIN 42-1068850
LIFESPACE COMMUNITIES INC
Tax-exempt · WDM, IA 50266
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $391,189,293 | $447,701,513 | -$56,512,220 | $1,338,142,264 | $1,772,852,798 | -$434,710,534 |
| December 31, 2023 | 990 | $236,087,395 | $422,855,604 | -$186,768,209 | $1,333,809,519 | $1,719,746,365 | -$385,936,846 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,884,646
- Program service revenue
- $370,492,112
- Investment income
- $10,324,609
- Net gain from sales of assets
- $2,113,762
- Other revenue
- $7,487,926
Expenses
- Grants and similar amounts paid
- $1,944,701
- Compensation of officers, directors and key employees
- $6,265,644
- Other salaries and wages
- $147,107,251
- Salaries, compensation and benefits (total)
- $199,227,272
- Professional fundraising fees
- $0
- Legal fees
- $1,354,290
- Accounting fees
- $593,410
- Occupancy
- $31,068,490
- Travel
- $4,184,004
- Depreciation
- $77,375,160
- Program services (functional)
- $393,017,554
- Management and general (functional)
- $54,683,959
Balance sheet and other
- Total assets, start of year
- $1,333,809,519
- Total assets, end of year
- $1,338,142,264
- Total liabilities, end of year
- $1,772,852,798
- Net assets, end of year
- -$434,710,534
- Land, buildings and equipment
- $941,390,801
- Publicly traded securities
- $73,334,508
- Net assets without donor restrictions
- -$434,710,534
- Gross receipts
- $393,055,890
- Employees
- 5,163
- Volunteers
- 751
- Year formed
- 1976
- State of legal domicile
- IA
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.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSE JANTZEN | PRESIDENT & CEO Officer | 42 | $1,201,697 | $101,040 |
| NICHOLAS HARSHFIELD | CHIEF FINANCIAL OFFICER Officer | 42 | $679,873 | $42,076 |
| NIKKI KRESSE | CHIEF EXPERIENCE & PEOPLE OFFICER Key employee | 42 | $644,212 | $37,615 |
| BRIAN ROBBINS | CHIEF OPERATING OFFICER Key employee | 42 | $604,199 | $54,213 |
| MICHAEL ROACH | CHIEF STRATEFY OFFICER Key employee | 42 | $523,517 | $34,844 |
| JOSEPH GORMAN | GENERAL COUNSEL Officer | 42 | $504,000 | $43,040 |
| RUSSEL MAUK | VP OF DESIGN & CONSTRUCTION Highest-paid employee | 42 | $427,405 | $0 |
| MARYANN GILLETTE | SENIOR VICE PRESIDENT SALES Key employee | 42 | $383,425 | $25,096 |
| KERRY SANTO | DIRECTOR SALES Highest-paid employee | 42 | $388,348 | $0 |
| ERIN POPE | SR. VP CHIEF COMPLIANCE COUNSEL Highest-paid employee | 42 | $373,197 | $0 |
| RICK OROS | VP OF HEALTHCARE OPERATIONS Highest-paid employee | 42 | $339,882 | $2,219 |
| TRACEY CROWNOVER | VP OF PROCESS & SYSTEM OPTIMIZATION Highest-paid employee | 42 | $340,600 | $0 |
| SRINI ALAGARSAMY | CHIEF TECHNOLOGY OFFICER Key employee | 42 | $277,233 | $604 |
| NATALLIA FUTRELL | CHIEF CLINICAL OFFICER Key employee | 42 | $211,315 | $235 |
| CURT GIELOW | FOUNDATION Key employee | 42 | $180,000 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HEATHER ANN JULIAN | CHIEF MARKETING OFFICER Key employee | 42 | $153,743 |
| VENITA FIELDS | DIRECTOR Trustee or director | 2.5 | $71,667 |
| ANA DUTRA | DIRECTOR Trustee or director | 2.5 | $49,000 |
| PATRICK SPANGLER | DIRECTOR Trustee or director | 2.5 | $49,000 |
| GARY BLACKFORD | DIRECTOR Trustee or director | 2.5 | $49,000 |
| DAVID S WILLIAMS III | DIRECTOR Trustee or director | 2.5 | $49,000 |
| JONATHAN SOKEYE | DIRECTOR Trustee or director | 2.5 | $49,000 |
| NEAL YANOFSKY | DIRECTOR Trustee or director | 2.5 | $45,000 |
| JOYCE DARKEY-HRINYA | DIRECTOR Trustee or director | 2.5 | $42,000 |
| CLYDE STRETCH | DIRECTOR Trustee or director | 2.5 | $40,000 |
| AMY MCDONOUGH | DIRECTOR Trustee or director | 2.5 | $40,000 |
| CLAUS JENSEN | DIRECTOR Trustee or director | 2.5 | $40,000 |
| JENIFER SALAMINO UNTIL 092024 | DIRECTOR Trustee or director | 2.5 | $40,000 |
990 for the year ended December 31, 2023: 37 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JESSE JANTZEN | PRESIDENT & CEO Officer | 40 | $1,372,900 | $42,832 |
| NICHOLAS HARSHFIELD | CHIEF FINANCIAL OFFICER Officer | 40 | $952,088 | $55,588 |
| NIKKI KRESSE | CHIEF PEOPLE & COMMUNICATIONS OFFICER Key employee | 40 | $717,876 | $40,593 |
| MICHAEL ROACH | CHIEF STRATEGY OFFICER Key employee | 40 | $574,550 | $0 |
| RUSSELL MAUK | VICE PRESIDENT DESIGN & CONSTRUCTION Key employee | 40 | $481,703 | $44,647 |
| BRIAN ROBBINS | CHIEF OPERATING OFFICER Officer | 40 | $485,799 | $38,876 |
| SARA HAMM | CHIEF CLINICAL & PUBLIC HEALTH OFFICER (9/2023) Key employee | 40 | $497,098 | $22,911 |
| JOSEPH GORMAN | GENERAL COUNSEL Key employee | 40 | $476,905 | $42,472 |
| KENNETH POINSETTE | CHIEF INFORMATION OFFICER (7/2023) Key employee | 40 | $416,024 | $52,578 |
| TRACEY CROWNOVER | VICE PRESIDENT PROCESS & SYSTEM OPTIMIZATION Key employee | 40 | $377,188 | $42,704 |
| RICK OROS | VICE PRESIDENT HEALTHCARE OPERATIONS Key employee | 40 | $400,524 | $19,268 |
| MARY ANN GILLETTE | VICE PRESIDENT SALES Key employee | 40 | $369,328 | $38,550 |
| DANA SMITH | CHIEF MARKETING & EXPERIENCE OFFICER (9/2023) Key employee | 40 | $345,389 | $34,531 |
| JAMES HORSMAN | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $314,048 | $56,181 |
| IAN MARSHALL | VICE PRESIDENT OF ORGANIZATION DEVELOPMENT (11/23 Key employee | 40 | $312,541 | $35,664 |
| ANDREW KAZMIERCZAK | VICE PRESIDENT REGIONAL OPERATIONS Highest-paid employee | 40 | $299,356 | $45,988 |
| ERIN POPE | SENIOR VICE PRESIDENT CHIEF COMPLIANCE & DEPUTY GE Key employee | 40 | $319,325 | $22,389 |
| NATALIE NGUYEN | SENIOR VICE PRESIDENT Key employee | 40 | $311,709 | $29,749 |
| KY MOODY | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $296,720 | $27,513 |
| MEGHAN ZIEGELMEYER | VICE PRESIDENT HEALTHCARE SALES & MARKETING Key employee | 40 | $276,586 | $25,649 |
| BRYAN WELTY | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $269,152 | $29,841 |
| ZACHARY JACOBSEN | VICE PRESIDENT REGIONAL OPERATIONS Highest-paid employee | 40 | $255,526 | $12,098 |
| NEAL YANOFSKY | DIRECTOR Trustee or director | 2 | $55,000 | $0 |
| ANA DUTRA | DIRECTOR Trustee or director | 2 | $43,000 | $0 |
| PATRICK SPANGLER | DIRECTOR Trustee or director | 2 | $43,000 | $0 |
| VENITA FIELDS | DIRECTOR & CHAIR Trustee or director | 2 | $43,000 | $0 |
| JOYCE DARKEY-HRINYA | DIRECTOR Trustee or director | 2 | $43,000 | $0 |
| GARY BLACKFORD | DIRECTOR Trustee or director | 2 | $41,000 | $0 |
| DAVID S WILLIAMS III | DIRECTOR Trustee or director | 2 | $35,000 | $0 |
| JONATHAN SOKEYE | DIRECTOR Trustee or director | 2 | $35,000 | $0 |
| CLYDE STRETCH | DIRECTOR Trustee or director | 2 | $26,250 | $0 |
| AMY MCDONOUGH | DIRECTOR Trustee or director | 2 | $26,250 | $0 |
| CLAUS JENSEN | DIRECTOR Trustee or director | 2 | $26,250 | $0 |
| JENIFER SALAMINO | DIRECTOR Trustee or director | 2 | $26,250 | $0 |
| LAVERNE EPP | DIRECTOR (04/2023) Trustee or director | 2 | $14,333 | $0 |
| SCOTT COLLIER | DIRECTOR (4/2023) Trustee or director | 2 | $11,667 | $0 |
| SUE DELVAUX | DIRECTOR (4/2023) Trustee or director | 2 | $11,667 | $0 |
Address and contacts
- Address (IRS master file)
- 4201 CORPORATE DR STE 100, WDM, IA 50266-6052
- In care of
- % DIRECTOR OF CORPORATE ACCOUNTING
- Principal officer (990 for 2024)
- JESSE JANTZEN, 3501 OLYMPUS BLVD 300, DALLAS, TX 75019
- Signed the 990
- NICK HARSHFIELD, SVP, CFO & TREASURER
- Phone
- (515) 288-5805
- Website
- WWW.LIFESPACECOMMUNITIES.COM
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
CREATING COMMUNITIES CELEBRATING THE LIVES OF SENIORS. LIFESPACE RECOGNIZES THAT ITS MISSION CAN ONLY BE FULFILLED THROUGH THE DEDICATED EFFORTS OF ITS EMPLOYEES, THEREFORE INCLUDED IN OUR MISSION IS THE ABILITY TO PROVIDE DISASTER RELIEF FUNDS TO EMPLOYEES WHO ENCOUNTER CIRCUMSTANCES RECOGNIZED BY FEDERAL AND STATE AGENCIES AS QUALIFYING FOR EMERGENCY DISASTER RELIEF.
Program accomplishments
- LIFESPACE COMMUNITIES, INC. OWNS SIXTEEN DIFFERENT COMMUNITIES (5 IN FL, 4 TX, 3 IN IL, 1 IN MN, KS, PA, AND WI) WHICH PROVIDE APARTMENTS AND HEALTH CARE FOR RETIRED PERSONS. RESIDENTS PAY AN INITIAL ENTRANCE FEE AND MONTHLY FEES THEREAFTER WHICH ENTITLE THEM TO THE USE OF THE COMMUNITY FOR LIFE AND UNLIMITED USE OF THE HEALTH CENTER. RESIDENTS DO NOT ACQUIRE TITLE OF THE PROPERTY.Expenses $393,017,554 · grants $1,944,701 · revenue $370,492,112
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1068850
- 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
- 1977
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P750)
- Assets (IRS master file)
- $1,338,142,264
- Income (IRS master file)
- $393,055,890
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $391,189,293 | $447,701,513 | $1,338,142,264 | XML |
| 990 | December 2023 | $236,087,395 | $422,855,604 | $1,333,809,519 | XML |
| 990 | December 2022 | $328,711,356 | $402,545,496 | $1,413,110,019 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 42-1068850).
Questions about LIFESPACE COMMUNITIES INC
- What is the EIN of LIFESPACE COMMUNITIES INC?
- The employer identification number (EIN) of LIFESPACE COMMUNITIES INC is 42-1068850.
- Is LIFESPACE COMMUNITIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
- Are donations to LIFESPACE COMMUNITIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFESPACE COMMUNITIES 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 LIFESPACE COMMUNITIES 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 LIFESPACE COMMUNITIES 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 LIFESPACE COMMUNITIES INC?
- The 990 for the year ended December 31, 2024 names JESSE JANTZEN.
- Who are the officers and directors of LIFESPACE COMMUNITIES INC?
- The 990 for the year ended December 31, 2024 lists 28 people; 28 received compensation from the organization, the highest $1,201,697 (JESSE JANTZEN, PRESIDENT & CEO).
- How much revenue does LIFESPACE COMMUNITIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $391,189,293, expenses of $447,701,513 and total assets of $1,338,142,264 at year end.
Other nonprofits in WDM
- CSA EIN 46-2240919 · last filed 990 for 2025
- THE HUMAN CHOICE OF IOWA EIN 45-3790483 · last filed 990 for 2025
- MID-IOWA PLANNING ALLIANCE FOR COMMUNITY DEVELOPMENT EIN 87-3627881 · last filed 990 for 2025
- J WESLEY GRAHAM TRUST UW EIN 42-6315781 · last filed 990-PF for 2025
- FREESTORE EIN 20-2732304 · last filed 990 for 2024
- COALITION FOR FAMILY FLOURISHING EIN 92-3169214 · last filed 990-N for 2024
- MARYS HELPING HANDS EIN 87-1813297 · last filed 990 for 2025
- WEST DES MOINES HUMAN SERVICES FRIENDS FOUNDATION EIN 47-5248023 · last filed 990-EZ for 2026