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Nonprofit · EIN 86-0360338

SENIORS RISING HOMES INC

Also known as WAYMARK GARDENS

Tax-exempt · SCOTTSDALE, AZ 85250

Financials

$1.6M$2.3M2023
Revenue Expenses · by fiscal year end
Financials of SENIORS RISING HOMES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2023990$1,629,855$2,322,289-$692,434$12,992,530$12,919,722$72,808
Financial details: 990 for the year ended December 31, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,448,565
Investment income
$181,290
Net gain from sales of assets
-$2,837
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$274,656
Other salaries and wages
$387,462
Salaries, compensation and benefits (total)
$828,050
Professional fundraising fees
$0
Legal fees
$4,860
Accounting fees
$89,808
Occupancy
$257,960
Depreciation
$451,357
Program services (functional)
$1,558,462
Management and general (functional)
$763,827

Balance sheet and other

Total assets, start of year
$14,532,424
Total assets, end of year
$12,992,530
Total liabilities, end of year
$12,919,722
Net assets, end of year
$72,808
Land, buildings and equipment
$6,753,329
Net assets without donor restrictions
$72,808
Gross receipts
$1,632,692
Employees
10
Volunteers
2
Year formed
1977
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, 2023, highest compensation first.

NameTitleHours / weekCompensation
ERIC LUSTERPRESIDENT/ CHAIRPERSON
Trustee or director, Officer
45$158,080
JAKE MEHLBERGBOARD MEMBER/ DIR. OF DEVELOPMENT
Trustee or director
40$108,368
JOHANNAH URIRI-GLOVERVICE PRESIDENT/VICE CHAIRPERSON
Trustee or director, Officer
0.75$2,736
STANLEY HENDERSONSECRETARY
Trustee or director, Officer
0.75$2,736
BARBARA ROBERTSBOARD MEMBER
Trustee or director
1.75$2,736

Address and contacts

Address (IRS master file)
8960 TALKING STICK WAY SUITE C2, SCOTTSDALE, AZ 85250-8508
In care of
% DR ERIC L LUSTER
Principal officer (990 for 2023)
ERIC LUSTER, 8960 TALKING STICK WAY SUITE-2, SCOTTSDALE, AZ 85250
Signed the 990
ERIC LUSTER, EXECUTIVE DIRECTOR
Phone
(623) 931-7002
Return prepared by
EIDE BAILLY LLP

Mission

THE MISSION OF SENIORS RISING HOMES, INC. IS TO DEVELOP, PRESERVE, AND OPERATE AFFORDABLE HOUSING FOR LOW-INCOME SENIORS AND INDIVIDUALS WITH DISABILITIES, PROVIDING SAFE, ACCESSIBLE, AND SUPPORTIVE ENVIRONMENTS THAT PROMOTE STABILITY,INDEPENDENCE, AND IMPROVED QUALITY OF LIFE.

990 for the year ended December 31, 2023

Program accomplishments

  • SENIORS RISING HOMES, INC. DEVELOPS, ACQUIRES, REHABILITATES, AND MANAGES HOUSING COMMUNITIES SERVING SENIORS AND INDIVIDUALS WITH DISABILITIES. PROPERTIES ARE DESIGNED TO MEET ACCESSIBILITY STANDARDS AND SUPPORT AGING IN PLACE. IN ADDITION TO PROVIDING HOUSING, THE ORGANIZATION COORDINATES SUPPORTIVE SERVICES AND LEVERAGES INNOVATIVE TECHNOLOGY SOLUTIONS, INCLUDING TELEHEALTH ACCESS AND HEALTH-SUPPORTIVE DIGITAL TOOLS, TO PROMOTE WELLNESS, PREVENTATIVE CARE, AND CONNECTION TO ESSENTIAL COMMUNITY RESOURCES. THROUGH PARTNERSHIPS WITH HEALTHCARE AND SOCIAL SERVICE PROVIDERS, THE ORGANIZATION SERVES VULNERABLE POPULATIONS THAT ARE OFTEN UNDERSERVED, HELPING REDUCE HOUSING INSTABILITY AND IMPROVE OVERALL WELL-BEING.
    Expenses $1,558,462 · revenue $1,448,565

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, 2025Not on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
86-0360338
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Exempt since
1951
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,992,530
Income (IRS master file)
$1,632,692

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2023$1,629,855$2,322,289$12,992,530IRS
990December 2022$1,518,058$1,959,164$14,532,424IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 86-0360338).

Questions about SENIORS RISING HOMES INC

What is the EIN of SENIORS RISING HOMES INC?
The employer identification number (EIN) of SENIORS RISING HOMES INC is 86-0360338.
Is SENIORS RISING HOMES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1951.
Which annual return does SENIORS RISING HOMES 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 SENIORS RISING HOMES 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 SENIORS RISING HOMES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2023.
Who is the principal officer of SENIORS RISING HOMES INC?
The 990 for the year ended December 31, 2023 names ERIC LUSTER.
Who are the officers and directors of SENIORS RISING HOMES INC?
The 990 for the year ended December 31, 2023 lists 5 people; 5 received compensation from the organization, the highest $158,080 (ERIC LUSTER, PRESIDENT/ CHAIRPERSON).
How much revenue does SENIORS RISING HOMES INC have?
On its 990 for the year ended December 31, 2023 it reported revenue of $1,629,855, expenses of $2,322,289 and total assets of $12,992,530 at year end.

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