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ARIZONA RETIREMENT CENTERS INC

PEORIA, AZ · EIN 860521061 · Form 990 · FY2021 · NTEE P750 · Human Services · Large ($10M-$50M) · www.sierrawinds.com
revenue
$12.8M
expenses
$15.8M
net assets
$-28.9M
employees
295
volunteers
38
program ratio
72%
mission · from form 990

OPERATE AND MAINTAIN A LIFE CARE RETIREMENT CENTER.

profile · synthesized from sources

ARIZONA RETIREMENT CENTERS INC, operating as Sierra Winds, provides independent living and continuing care retirement services in Peoria, AZ. As a not-for-profit organization, it offers various living plans, including options with healthcare access, and reinvests revenues into the community to ensure stability and quality of care for seniors.

named programs · 4 · from sources

what they call their work

24-Hour Nursing Care
Provides continuous on-site nursing care delivered by licensed professionals for residents managing chronic health conditions, recovering from illness or surgery, or needing extra monitoring and assistance.
Independent Living
Provides apartment homes with services like housekeeping, maintenance, utilities, dining, transportation, and access to amenities for active and independent older adults.
Life Plan (Continuing Care Retirement Community - CCRC)
Offers a continuum of on-site care, including independent living, assisted living, and 24-hour nursing care, with various financial plans (Traditional with Healthcare, 80% Return of Capital, Lease/Rental) to provide long-term security and predictable healthcare costs.
Supportive Services Program
Offers a menu of assistance options for independent living residents who require some help with daily activities, medication reminders, or short treatment visits, without requiring a move to a higher level of care.
activities · 3 clusters

what they do

  • Local Community Grantmaking 1 activity
    • Community Revenue Reinvestment
      Reinvests generated revenues back into the community to maintain stability and quality of services for residents.
  • Assisted Living Services 1 activity
    • Independent Senior Living with Supportive Services
      Provides senior apartment homes with access to a wide array of services and amenities for independent living, including restaurant-style dining, scheduled transportation, and on-site supportive health services such as assistance with daily activities and medication reminders, available on a pay-per-use model.
  • Uncategorized 1 activity
    • 24-Hour On-Site Nursing Care
      Offers 24-hour on-site nursing care delivered by licensed professionals including RNs, LPNs, and certified nurse aides, ensuring residents have access to professional care and assistance whenever needed within the community.
financials · form 990 · fy2021

the money

revenue
Total revenue$12.77M
Contributions & grants$43K0%
Program service revenue$12.53M98%
Investment income$185K1%
Other revenue$14K
expenses
Total expenses$15.75M
Program expenses72%
Admin / overhead28%
Fundraising0%
Salaries & benefits$7.15M
Grants paid out$3K
Largest expense lineCompensation
balance sheet
Total assets$22.37M
Cash$305K
Investments$3.65M
Liabilities$51.31M
Net assets$-28.95M
Liquid reserves3.0 mo
1 years on record · 2021–2021
leadership · form 990 part vii · fy2021

who runs it

paid leadership · 1
NameTitleHours/wkCompensation
CONNIE NGUYEN LICENSED PRACTICAL NURSE 40 $116K
board members · 8
  • HARRISON MARTIN — DIRECTOR
  • JAMES WINSTEAD — DIRECTOR
  • JOSH LOVE — TREASURER
  • NEIL TERRY — VICE PRESIDENT
  • NICHOLAS KUNTZ — DIRECTOR
  • PAM PRINE — DIRECTOR
  • RITA DANINGER — SECRETARY
  • WANDA PERDUE — PRESIDENT
relationships · 1

who they work with

  • Summit Healthcare Partner — Partnership to provide 24/7 nursing services and on-site care at Sierra Winds.