Civic Intelligence

Luther Center Inc C/O Lutheran Social Services of Illinois

990 • Fiscal year 2014 • EIN 26-2564449

Jul 01, 2013 to Jun 30, 2014 • Filed on Dec 18, 2014

1001 E Touhy Avenue No 5060018

(847) 635-4600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

95th percentile

1.18x

Higher debt load relative to assets than 95% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Liabilities / Revenue

93rd percentile

4.67x

Higher debt load relative to revenue than 93% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Net Margin

10th percentile

-24%

Higher net margin than 10% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Top Officer Pay

81st percentile

$225,521

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 10.5% of source-year revenue.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2014

Asset Growth

22nd percentile

-3.4%

Faster asset growth than 22% of similar nonprofits.

2014 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Down

$8,557,853

Down $299,972 (-3.4%) from 2013

Net Assets

Down

-$1,501,386

Down $517,127 (-53%) from 2013

Liabilities

Up

$10,059,239

Up $217,155 (+2.2%) from 2013

Revenue

$2,151,876

No earlier filing loaded for comparison.

Expenses

Up

$2,669,003

Up $88,288 (+3.4%) from 2013

Net Income

-$517,127

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2012: $9,259,717Liabilities 2012: $9,875,507Net Assets 2012: -$615,7902012Assets 2013: $8,857,825Liabilities 2013: $9,842,084Net Assets 2013: -$984,2592013Assets 2014: $8,557,853Liabilities 2014: $10,059,239Net Assets 2014: -$1,501,3862014Assets 2015: $8,094,349Liabilities 2015: $10,029,859Net Assets 2015: -$1,935,5102015Assets 2016: $7,707,311Liabilities 2016: $10,281,929Net Assets 2016: -$2,574,6182016Assets 2017: $1,878,282Liabilities 2017: $1,861,430Net Assets 2017: $16,8522017Assets 2019: $1,872,496Liabilities 2019: $1,974,990Net Assets 2019: -$102,4942019Assets 2025: $1,847,889Liabilities 2025: $2,316,843Net Assets 2025: -$468,9542025

Highlighted filing

2014

Assets$8,557,853
Liabilities$10,059,239
Net Assets-$1,501,386

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $2,606,7642012Expenses 2013: $2,580,7152013Revenue 2014: $2,151,876Expenses 2014: $2,669,003Net Income 2014: -$517,1272014Revenue 2015: $2,303,649Expenses 2015: $2,737,773Net Income 2015: -$434,1242015Revenue 2016: $2,254,326Expenses 2016: $2,893,434Net Income 2016: -$639,1082016Revenue 2017: $5,265,396Expenses 2017: $2,673,926Net Income 2017: $2,591,4702017Revenue 2019: $0Expenses 2019: $59,680Net Income 2019: -$59,6802019Revenue 2025: $0Expenses 2025: $61,981Net Income 2025: -$61,9812025

Highlighted filing

2014

Revenue$2,151,876
Expenses$2,669,003
Net Income-$517,127
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Dec 18, 2014
Return Version
2013v3.0
Gross Receipts
$2,151,876
Mission and Program Overview

Mission

Luther center, inc. Is a service corporation organized for the purpose of providing elderly individuals with housing facilities and services designed to meet their special needs and to promote their health, security, happiness, and usefulness.

Hud subsidized housing for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,899,804$7,646,446▼ $253,358
Savings and Temporary Cash Investments$596,819$505,299▼ $91,520
Accounts Receivable$72,787$85,075▲ $12,288
Prepaid Expenses and Deferred Charges$1,679$33,465▲ $31,786
Cash and Non-Interest-Bearing Accounts$506$10,329▲ $9,823
Total Assets$8,857,825$8,557,853▼ $299,972
Other Assets Total$286,230$277,239▼ $8,991
Liabilities
Mortgage Notes Payable Secured by Investment Property$7,750,617$7,750,617→ $0
Other Liabilities$1,589,995$1,649,683▲ $59,688
Accounts Payable and Accrued Expenses$501,472$658,939▲ $157,467
Total Liabilities$9,842,084$10,059,239▲ $217,155
Net Assets / Fund Balance
Unrestricted Net Assets$-984,259$-1,501,386▼ $517,127
Total Net Assets Fund Balance$-984,259$-1,501,386▼ $517,127
Total Liabilities and Net Assets / Fund Balance$8,857,825$8,557,853▼ $299,972

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,243,891$1,009,138$8,253,029
Other Land Buildings$254,433$192,470$446,903
Land$140,000-$140,000
Equipment$2,932$16,866$19,798
Leasehold Improvements$5,190$226$5,416
Compensation and Service Providers

Employees

NameTitleOtherTotal
Frank ChiarellaDirector of Treasury Servi$98,774$98,774
Dixie DownesSecretary$41,490$41,490

Board Members and Trustees

NameTitle
Eric J DrautChairperson/president
Denver W BitnerFormer President
Gary M WollersheimBishop/director
S John RothBishop/director
Wayne N MillerBishop/director
Jewel MandevilleDirector
John T RudyDirector
Michael BennettDirector
Patricia S CainDirector
Peter M HolmerDirector
Robert a DavisDirector
Jeanne RappDirector/secretary
Gerald E NoonanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,077,448
Investment Income
$442
Other Revenue
$73,986
Change in Net Assets
$-517,127

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,151,876
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,151,876
Total Revenue per Form 990
$2,151,876
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,304,344
Salaries, Compensation, and Employee Benefits$364,659
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$419,220--$419,220
Depreciation Depletion$311,073--$311,073
Other Salaries and Wages$276,742--$276,742
Occupancy$150,191--$150,191
Insurance$65,372--$65,372
Other Employee Benefits$59,926--$59,926
Office Expenses$55,832--$55,832
Other Expenses$35,772$165,266-$35,772
Fees for Services Accounting$10,508$21,708-$32,216
Payroll Taxes$27,991--$27,991
Advertising$26,363--$26,363
All Other Expenses$16,359--$16,359
Conferences and Meetings$3,559--$3,559
Total Functional Expenses$2,482,029$186,974$0$2,669,003

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,669,003
Total Expenses per Audited Statements$2,669,003
Total Expenses per Form 990$2,669,003
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable$1,340,800
Accrued Interest Payable - Note Payable$248,635
Tenant Security Deposits$60,248
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

An electronic copy of form 990 is sent to both the organization's board of directors and to the audit committee of lutheran social services of illinois (lssi), a related organization, for their review. Any changes or comments resulting from their review are then reflected in the form 990 prior to its filing.

Form 990, Part VI, Section B, Line 12C

Members of the board of directors are required to disclose possible conflicts of interest annually by signing the conflict of interest policy. Additionally, the organization uses a group purchasing organization that monitors potential conflicts.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and audited financial statements available to the public upon request.

Filing and Contact Details

Filer

EIN
26-2564449
Phone
8476354600

Signing Officer

Name
Gerald E Noonan
Title
CFO of Lssi
Phone
8476354600
Signed
2014-12-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Ma Jensen
Formed
2007
Legal Domicile
Il
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Preparer
Troy E Marine CPA
Phone
4147775500
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IRS990/MissionDesc0LUTHER CENTER, INC. IS A SERVICE CORPORATION ORGANIZED FOR THE PURPOSE OF PROVIDING ELDERLY INDIVIDUALS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR SPECIAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS.
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IRS990/OccupancyGrp/TotalAmt0150191
IRS990/OfficeExpensesGrp/ProgramServicesAmt055832
IRS990/OfficeExpensesGrp/TotalAmt055832
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0286230
IRS990/OtherAssetsTotalGrp/EOYAmt0277239
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt059926
IRS990/OtherEmployeeBenefitsGrp/TotalAmt059926
IRS990/OtherExpensesGrp/Desc0ELDERLY & CONGREGATE
IRS990/OtherExpensesGrp/Desc1OPERATING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc2MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc3SUPPLIES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0165266
IRS990/OtherExpensesGrp/ProgramServicesAmt0620442
IRS990/OtherExpensesGrp/ProgramServicesAmt1402679
IRS990/OtherExpensesGrp/ProgramServicesAmt235772
IRS990/OtherExpensesGrp/TotalAmt0620442
IRS990/OtherExpensesGrp/TotalAmt1402679
IRS990/OtherExpensesGrp/TotalAmt2165266
IRS990/OtherExpensesGrp/TotalAmt335772
IRS990/OtherLiabilitiesGrp/BOYAmt01589995
IRS990/OtherLiabilitiesGrp/EOYAmt01649683
IRS990/OtherRevenueMiscGrp/BusinessCd0812300
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt073986
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt073986
IRS990/OtherRevenueTotalAmt073986
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0276742
IRS990/OtherSalariesAndWagesGrp/TotalAmt0276742
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt027991
IRS990/PayrollTaxesGrp/TotalAmt027991
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01679
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt033465
IRS990/PrincipalOfficerNm0DAVID MA JENSEN
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/BusinessCd1623000
IRS990/ProgramServiceRevenueGrp/BusinessCd2624200
IRS990/ProgramServiceRevenueGrp/Desc0GOVERNMENT CONTRACTS
IRS990/ProgramServiceRevenueGrp/Desc1TENANT RENTS
IRS990/ProgramServiceRevenueGrp/Desc2CONGREGATE SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01034829
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1590070
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2452549
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01034829
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1590070
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2452549
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0566
IRS990/PYOtherExpensesAmt02266423
IRS990/PYOtherRevenueAmt068663
IRS990/PYProgramServiceRevenueAmt02143017
IRS990/PYRevenuesLessExpensesAmt0-368469
IRS990/PYSalariesCompEmpBnftPaidAmt0314292
IRS990/PYTotalExpensesAmt02580715
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02212246
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-517127
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02077448
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0596819
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0505299
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0MISCELLANEOUS LAUNDRY AND VENDING
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0442
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0566
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0106
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt071
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01190
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt02077448
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt02143017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt02159572
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt02162365
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0331445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt08873847
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0442
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0566
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt071
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01190
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt073986
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt068663
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt079471
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt031390
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt07054
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0260564
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt08873847
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt02077448
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt02143017
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02159572
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02162365
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0331445
IRS990ScheduleA/Total509Grp/TotalAmt08873847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt02151876
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt02212246
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02239149
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02193826
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0338504
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09135601
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt07243891
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01009138
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08253029
IRS990ScheduleD/EquipmentGrp/BookValueAmt02932
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016866
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019798
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02669003
IRS990ScheduleD/LandGrp/BookValueAmt0140000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0140000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt05190
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0226
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05416
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0254433
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0192470
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0446903
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt060248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11340800
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2248635
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1NOTE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED INTEREST PAYABLE - NOTE PAYABLE
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00

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