Northwest Senior Housing Corporation
Nonprofit profile at a glance
- EIN
- 752771278
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Dallas, TX, USA
- Phone
- 5152885805
- Rating confidence
- Limited
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $0
- Expenses
- $0
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JESSE JANTZEN (PRESIDENT & CEO)
Highest reported compensation
- JESSE JANTZEN (PRESIDENT & CEO): $1,302,737 total reported compensation
- NICHOLAS HARSHFIELD (CHIEF FINANCIAL OFFICER): $721,949 total reported compensation
- JOSEPH GORMAN (GENERAL COUNSEL): $547,040 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
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.
What it reported doing in 2024
To provide apartments and health care for retired persons. Residents pay an initial entrance fee and monthly fees thereafter which entitle them to use of the community for life and unlimited use of the health center. Residents do not acquire title to the property.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 55
- Accountability: 32
- Sustainability: NotEnoughData
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 24th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: 0.2% per year; rating input score 100; 52nd percentile among comparable filings
- Revenue growth: -3.9% per year; rating input score 0; 46th percentile among comparable filings
- Asset growth: -3.5% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 0 of 3 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $1.3M · 3 people listed · 0 of 6 pay-setting controls reported
- Consistency: 9 of 10 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 13 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.