Civic Intelligence

Naperville Elderly Homes Inc

EIN 36-2709180 • 501(c)3 • Naperville, IL

Profile

To develop, construct, own, maintain and operate senior housing

310 Martin AvenueNaperville, IL 60540

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

12th percentile

0.02x

Higher debt load relative to revenue than 12% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

49th percentile

4.7%

Faster asset growth than 49% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Revenue Growth

19th percentile

-10%

Faster revenue growth than 19% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2022 to 2024

Assets

Up

$15,563,486

Up $723,848 (+4.9%) from 2023

Liabilities

Up

$8,938

Up $4,157 (+87%) from 2023

Net Assets

Up

$15,554,548

Up $719,691 (+4.9%) from 2023

Revenue

Up

$552,096

Up $354,068 (+179%) from 2023

Expenses

Up

$180,989

Up $1,051 (+0.6%) from 2023

Net Income

Up

$371,107

Up $353,017 (+1951%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2014: $1,653,067Liabilities 2014: $89,534Net Assets 2014: $1,563,5332014Assets 2015: $1,638,379Liabilities 2015: $60,204Net Assets 2015: $1,578,1752015Assets 2016: $1,593,570Liabilities 2016: $86,233Net Assets 2016: $1,507,3372016Assets 2017: $1,510,605Liabilities 2017: $100,556Net Assets 2017: $1,410,0492017Assets 2018: $1,530,422Liabilities 2018: $74,535Net Assets 2018: $1,455,8872018Assets 2019: $12,975,929Liabilities 2019: $0Net Assets 2019: $12,975,9292019Assets 2020: $13,478,345Liabilities 2020: $4,179Net Assets 2020: $13,474,1662020Assets 2021: $14,027,119Liabilities 2021: $5,600Net Assets 2021: $14,021,5192021Assets 2022: $14,196,774Liabilities 2022: $3,738Net Assets 2022: $14,193,0362022Assets 2023: $14,839,638Liabilities 2023: $4,781Net Assets 2023: $14,834,8572023Assets 2024: $15,563,486Liabilities 2024: $8,938Net Assets 2024: $15,554,5482024

Highlighted filing

2024

Assets$15,563,486
Liabilities$8,938
Net Assets$15,554,548

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0-$5.0MRevenue 2014: $772,274Expenses 2014: $796,682Net Income 2014: -$24,4082014Revenue 2015: $770,462Expenses 2015: $766,712Net Income 2015: $3,7502015Revenue 2016: $753,703Expenses 2016: $829,538Net Income 2016: -$75,8352016Revenue 2017: $786,438Expenses 2017: $918,679Net Income 2017: -$132,2412017Revenue 2018: $867,303Expenses 2018: $831,788Net Income 2018: $35,5152018Revenue 2019: $12,226,486Expenses 2019: $683,680Net Income 2019: $11,542,8062019Revenue 2020: $77,285Expenses 2020: $202,433Net Income 2020: -$125,1482020Revenue 2021: $357,929Expenses 2021: $202,351Net Income 2021: $155,5782021Revenue 2022: $682,871Expenses 2022: $91,950Net Income 2022: $590,9212022Revenue 2023: $198,028Expenses 2023: $179,938Net Income 2023: $18,0902023Revenue 2024: $552,096Expenses 2024: $180,989Net Income 2024: $371,1072024

Highlighted filing

2024

Revenue$552,096
Expenses$180,989
Net Income$371,107

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 8, 2025
Return Version
2024v5.2
Gross Receipts
$552,096
Mission and Program Overview

Mission

To develop, construct, own, maintain and operate senior housing

Provide affordable housing and an active community lifestyle for lower income seniors and persons with disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$8,813,059$8,813,059→ $0
Investments in Publicly Traded Securities$5,774,812$6,478,837▲ $704,025
Cash and Non-Interest-Bearing Accounts$195,526$157,879▼ $37,647
Accounts Receivable$1,250$78,498▲ $77,248
Land, Buildings, and Equipment, Net$5,678$10,137▲ $4,459
Prepaid Expenses and Deferred Charges-$5,436-
Total Assets$14,839,638$15,563,486▲ $723,848
Other Assets Total$49,313$19,640▼ $29,673
Liabilities
Accounts Payable and Accrued Expenses$4,781$8,938▲ $4,157
Total Liabilities$4,781$8,938▲ $4,157
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$14,834,857$15,554,548▲ $719,691
Total Net Assets Fund Balance$14,834,857$15,554,548▲ $719,691
Total Liabilities and Net Assets / Fund Balance$14,839,638$15,563,486▲ $723,848

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,016$4,294$8,310
Other Land Buildings$6,121$379$6,500
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary KerbsExecutive DirectorFT$26,090$26,090

Board Members and Trustees

NameTitle
David WeeksPast President
John SchillerstromPresident
Ray McguryVice President
Anthony LosurdoDirector
Bruce GeorgeDirector
Christina TrappDirector
Dave PetersenDirector
Doug LellbachDirector
Gary LeavenworthDirector
Gerry CassioppiDirector
Grant CowenDirector
Kelly BryantDirector
Madhu UppalDirector
Mark WrightDirector
Tom WilhelmDirector
John GallagherSecretary
Erin WikstromTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$133,369
Program Service Revenue
$25,868
Investment Income
$392,859
Other Revenue
$0
All Other Contributions
$107,369
Change in Net Assets
$371,107
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$147,192
Salaries, Compensation, and Employee Benefits$33,797
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$36,503-$36,503
Current Officers, Directors, Trustees, and Key Employees$26,090--$26,090
Office Expenses-$15,539-$15,539
Fees for Services Other$12,756--$12,756
Fees for Services Accounting-$9,563-$9,563
Payroll Taxes$7,707--$7,707
Other Expenses$7,434$4,807-$4,807
All Other Expenses-$2,352-$2,352
Depreciation Depletion-$2,041-$2,041
Insurance-$1,812-$1,812
Total Functional Expenses$108,372$72,617$0$180,989
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Property management agreement with evergreen real estate of martin avenue management

Form 990, Part VI, Section B, Line 11B

Form 990 is sent to the entire board for review and approval before filing

Form 990, Part VI, Section B, Line 15A

Board of directors executive committee reviewed and approved compensation based on comparability data.

Form 990, Part VI, Section C, Line 19

Documents are available upon request at the organization's office

Filing and Contact Details

Filer

Filer Name
Naperville Elderly Homes Inc
EIN
36-2709180
Phone
6303570909
Address
310 MARTIN AVENUE, NAPERVILLE, IL 60540
Doing Business As
Martin Avenue Apartments

Signing Officer

Name
John Schillerstrom
Title
President
Phone
6303570909
Signed
2025-09-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Schillerstrom
Formed
1971
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
1
Volunteers
50

Preparer

Firm
DUGAN & LOPATKA CPA'S PC
Address
4320 WINFIELD ROAD SUITE 450, WARRENVILLE, IL 60555-4036
Preparer
Ron Marklund
Phone
6306654440
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consulting: program service expenses 12,201. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,201. Payroll processing fees: program service expenses 555. Management and general expenses 0. Fundraising expenses 0. Total expenses 555.

Form 990, Part IX, Line 24E

Administrative expenses: program service expenses 0. Management and general expenses 1,436. Fundraising expenses 0. Total expenses 1,436. Miscellaneous: program service expenses 0. Management and general expenses 916. Fundraising expenses 0. Total expenses 916.

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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO DEVELOP, CONSTRUCT, OWN, MAINTAIN AND OPERATE SENIOR HOUSING
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt014834857
IRS990/NetAssetsOrFundBalancesEOYAmt015554548
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0267759
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0267759
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0348584
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt014834857
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt015554548
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015539
IRS990/OfficeExpensesGrp/TotalAmt015539
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt049313
IRS990/OtherAssetsTotalGrp/EOYAmt019640
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SOCIAL SERVICES
IRS990/OtherExpensesGrp/Desc1TENANT ASSISTANCE
IRS990/OtherExpensesGrp/Desc2OTHER PROGRAMS
IRS990/OtherExpensesGrp/Desc3REIMBURSED EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt04807
IRS990/OtherExpensesGrp/ProgramServicesAmt031900
IRS990/OtherExpensesGrp/ProgramServicesAmt122485
IRS990/OtherExpensesGrp/ProgramServicesAmt27434
IRS990/OtherExpensesGrp/TotalAmt031900
IRS990/OtherExpensesGrp/TotalAmt122485
IRS990/OtherExpensesGrp/TotalAmt27434
IRS990/OtherExpensesGrp/TotalAmt34807
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt08813059
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08813059
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt07707
IRS990/PayrollTaxesGrp/TotalAmt07707
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05436
IRS990/PrincipalOfficerNm0JOHN SCHILLERSTROM
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0DEVELOPER FEE
IRS990/ProgramServiceRevenueGrp/Desc1OTHER PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt024035
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11833
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt024035
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11833
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0143175
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt054853
IRS990/PYOtherExpensesAmt085882
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt018090
IRS990/PYSalariesCompEmpBnftPaidAmt094056
IRS990/PYTotalExpensesAmt0179938
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0198028
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0371107
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt025868
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt013489
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt010405
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt06150
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt06000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt02250
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt038294
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS - 2020 AMOUNT: $ 13,220. 2022 AMOUNT: $ 552,206.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0133369
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0143175
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0217053
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0157520
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt063793
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0714910
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0125100
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0154929
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0166112
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt081751
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0272
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0528164
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt025868
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0118658
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0144526
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0125100
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0154929
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0166112
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt081751
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0272
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0528164
IRS990ScheduleA/InvestmentIncomeCYPct00.27040
IRS990ScheduleA/InvestmentIncomePYPct00.23170
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0552206
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt013220
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0565426
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.42040
IRS990ScheduleA/PublicSupportPY509Pct00.40310
IRS990ScheduleA/PublicSupportTotal509Amt0821142
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt013489
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt010405
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt06150
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt06000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt02250
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt038294
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0159237
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0143175
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0217053
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0276178
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt063793
IRS990ScheduleA/Total509Grp/TotalAmt0859436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0284337
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0298104
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0935371
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0357929
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt077285
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01953026
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt04016
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04294
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt08310

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