FSL REAL ESTATE SERVICES
1201 E THOMAS RD, PHOENIX, AZ 85014 www.fsl.org

Total Revenue
$2,954,630
Total Expenses
$2,167,382
Net Assets
$5,491,524

Organizations Filed Purposes: TO PROVIDE HOME AND COMMUNITY-BASED SERVICES AND DEVELOP ENERGY-EFFICIENT, AFFORDABLE HOUSING TO PROMOTE HEALTH, INDEPENDENCE AND DIGNITY FOR ALL.

THROUGH ITS AFFILIATES, FOUNDATION FOR SENIOR LIVING (FSL) HAS BEEN CARING FOR ARIZONANS SINCE 1974. WE PROVIDE A SAFE HOME FOR NEARLY 1,000 ARIZONANS EACH NIGHT THROUGH THE DEVELOPMENT OF BOTH SINGLE- AND MULTI-FAMILY HOMES AND THE MANAGEMENT OF MULTI-FAMILY AFFORDABLE HOUSING COMPLEXES AND RESIDENTIAL BEHAVIORAL HEALTH GROUP HOMES. ADDITIONALLY, WE TRAIN AND MONITOR SPONSORS OF THE ADULT FOSTER CARE AND ADULT BEHAVIORAL HEALTH THERAPEUTIC HOME PROGRAMS. IN FISCAL YEAR 2019-20, WE PROVIDED NEARLY 500,000 MEALS TO FAMILIES IN NEED VIA OUR FOOD PANTRIES, CONGREGATE AND HOME-DELIVERED MEAL PROGRAMS.(CONTINUED ON SCHEDULE O)HOME AND COMMUNITY-BASED SERVICES ARE PROVIDED TO ENHANCE INDEPENDENCE FOR PEOPLE OF ALL AGES, INCLUDING ADULT DAY HEALTH CARE, MEDICARE-CERTIFIED HOME HEALTH CARE AND NON-MEDICAL HOME CARE SERVICES. MOREOVER, WE SUPPORT FAMILY CAREGIVERS THROUGH COMPLIMENTARY EDUCATIONAL OFFERINGS, CONNECTIONS TO COMMUNITY RESOURCES, AND NEARLY 250,000 HOURS OF RESPITE CARE (NUMBER IMPACTED BY ONSET OF COVID-19 PANDEMIC). PLEASE SEE SCHEDULE R FOR RELATED ENTITIES.FSL REAL ESTATE SERVICES (RES) MANAGES A PORTFOLIO OF AFFORDABLE AND SUBSIDIZED HOUSING THAT INCORPORATES GREEN BUILDING TECHNOLOGY AND IN MANY CASES, SOLAR ELECTRICAL POWER, AND DEVELOPS NEW AFFORDABLE HOUSING FOR LOW INCOME SENIORS, ADULTS WITH DISABILITIES, AND LOW TO MODERATE INCOME FAMILIES. DEVELOPMENTS UTILIZE A NUMBER OF FUNDING SOURCES INCLUDING LOW INCOME HOUSING TAX CREDITS, STATE OF ARIZONA HOUSING TRUST FUNDS, HOME INVESTMENT PARTNERSHIP FUNDS, LISC, ARIZONA COMMUNITY FOUNDATION, HUD, NEIGHBORHOOD STABILIZATION PROGRAM, RURAL DEVELOPMENT FUNDS, SAN FRANCISCO AND CHICAGO FEDERAL HOME LOAN BANKS AFFORDABLE HOUSING PROGRAM GRANTS, CONSTRUCTION LENDING, BONDS AND PERMANENT COMMERCIAL DEBT. ONE ISSUE THAT MANY SENIORS EXPERIENCE IS DEPRESSION, OFTEN WITH SEVERE CONSEQUENCES. THIS DEPRESSION IS FREQUENTLY CAUSED BY SECLUSION, MOBILITY ISSUES OR LACK OF A SUPPORTIVE SOCIAL NETWORK. IN AN EFFORT TO ENSURE NOT ONLY THE SAFETY AND WELLBEING OF ITS RESIDENTS, FSL ALSO FOSTERS THEIR ANCILLARY NEEDS AND WELLBEING. AS PART OF THIS, FSL PROVIDES ACCESSIBLE VANS AT THE RESIDENTIAL PROPERTIES TO KEEP THE RESIDENTS ACTIVE, SOCIAL AND ENGAGED. FREQUENT SHOPPING TRIPS TO APPOINTMENTS AND STORES WHERE RESIDENTS RECEIVE SENIOR DISCOUNTS ESTABLISH THE RESIDENTS AS AN INTEGRAL PART OF THEIR RESPECTIVE COMMUNITIES. OTHER SOCIAL FACTORS THAT FSL SUPPORTS IN ITS PROPERTIES INCLUDE LARGE BOOK-LINED COMMUNITY ROOMS FOR RESIDENTS TO GATHER AND CONGREGATE AND ACTIVITY COORDINATORS TO HELP PLAN TRIPS AND ACTIVITIES. ON-SITE FOOD PANTRIES ALSO PROMOTE GOOD NUTRITION, HEALTHY HABITS AND ENSURE THAT VERY LOW INCOME RESIDENTS NEVER GO HUNGRY. IN ADDITION, FSL PAYS THE RESIDENTS' UTILITIES TO PROMOTE BASIC SAFETY AND EASE OF BUDGETING, AS WELL AS TO ELIMINATE UNCERTAINTY. THE COMBINATION OF THESE SERVICES BUILD SOCIAL COMMUNITIES WITH HAPPY, ACTIVE SENIORS. SIX COMMUNITIES, LOCATED IN HOLBROOK, MAYER, PHOENIX, AND PRESCOTT, PROVIDE 102 AFFORDABLE HOMES. IN FISCAL YEAR 2020, 26,693 NIGHTS OF SAFE, AFFORDABLE HOUSING WERE PROVIDED TO 169 ARIZONANS, INCLUDING SENIORS, ADULTS WITH DISABILITIES, AND FAMILIES.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Steve HastingsCHIEF OF REAL ESTATE40$144,592
Teresa Celaya-GarnerCFO0$0
Mitchell MooreCAO (THRU 2/20)0$0
Tom EganCEO & BOARD PRESIDENT0$0
Carrie SmithCOO & VICE PRESIDENT0$0
Blanca RuizTREASURER0$0
Annette IniguezSECRETARY0$0
Gus SchloesserBOARD MEMBER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202111359349300806_public.xml