Civic Intelligence

Senior Housing Inc

EIN 36-3164729 • 501(c)3 • Des Plaines, IL

Profile

LOW INCOME HOUSING

1001 Touhy Ave 50Des Plaines, IL 60018

na

Siviq Scores

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

Liabilities / Assets

99th percentile

2.51x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

93rd percentile

2.19x

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

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

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

Asset Growth

24th percentile

-4.3%

Faster asset growth than 24% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Revenue Growth

43rd percentile

3.5%

Faster revenue growth than 43% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2025

Assets

Up

$958,831

Up $15,263 (+1.6%) from 2024

Liabilities

Down

$2,408,996

Down $131,859 (-5.2%) from 2024

Net Assets

Up

-$1,450,165

Up $147,122 (+9.2%) from 2024

Revenue

Up

$1,099,756

Up $58,370 (+5.6%) from 2024

Expenses

Up

$952,634

Up $37,598 (+4.1%) from 2024

Net Income

Up

$147,122

Up $20,772 (+16%) from 2024

Trend Graphs

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2013: $2,269,748Liabilities 2013: $3,730,852Net Assets 2013: -$1,461,1042013Assets 2014: $2,087,383Liabilities 2014: $3,691,138Net Assets 2014: -$1,603,7552014Assets 2015: $1,973,292Liabilities 2015: $3,706,718Net Assets 2015: -$1,733,4262015Assets 2016: $1,771,240Liabilities 2016: $3,522,058Net Assets 2016: -$1,750,8182016Assets 2017: $1,677,466Liabilities 2017: $3,474,240Net Assets 2017: -$1,796,7742017Assets 2018: $1,508,757Liabilities 2018: $3,368,029Net Assets 2018: -$1,859,2722018Assets 2019: $1,345,888Liabilities 2019: $3,208,761Net Assets 2019: -$1,862,8732019Assets 2020: $1,258,897Liabilities 2020: $3,091,095Net Assets 2020: -$1,832,1982020Assets 2021: $1,116,541Liabilities 2021: $2,918,688Net Assets 2021: -$1,802,1472021Assets 2022: $1,094,556Liabilities 2022: $2,894,359Net Assets 2022: -$1,799,8032022Assets 2023: $976,348Liabilities 2023: $2,699,985Net Assets 2023: -$1,723,6372023Assets 2024: $943,568Liabilities 2024: $2,540,855Net Assets 2024: -$1,597,2872024Assets 2025: $958,831Liabilities 2025: $2,408,996Net Assets 2025: -$1,450,1652025

Highlighted filing

2025

Assets$958,831
Liabilities$2,408,996
Net Assets-$1,450,165

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2013: $1,090,3902013Revenue 2014: $872,739Expenses 2014: $1,015,390Net Income 2014: -$142,6512014Revenue 2015: $873,686Expenses 2015: $1,003,357Net Income 2015: -$129,6712015Revenue 2016: $894,258Expenses 2016: $911,650Net Income 2016: -$17,3922016Revenue 2017: $907,576Expenses 2017: $953,532Net Income 2017: -$45,9562017Revenue 2018: $923,244Expenses 2018: $985,742Net Income 2018: -$62,4982018Revenue 2019: $940,171Expenses 2019: $943,772Net Income 2019: -$3,6012019Revenue 2020: $962,236Expenses 2020: $931,561Net Income 2020: $30,6752020Revenue 2021: $998,687Expenses 2021: $968,636Net Income 2021: $30,0512021Revenue 2022: $992,449Expenses 2022: $990,105Net Income 2022: $2,3442022Revenue 2023: $1,034,687Expenses 2023: $958,521Net Income 2023: $76,1662023Revenue 2024: $1,041,386Expenses 2024: $915,036Net Income 2024: $126,3502024Revenue 2025: $1,099,756Expenses 2025: $952,634Net Income 2025: $147,1222025

Highlighted filing

2025

Revenue$1,099,756
Expenses$952,634
Net Income$147,122

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$1,099,756
Mission and Program Overview

Mission

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$487,391$457,600▼ $29,791
Intangible Assets$62,591$57,746▼ $4,845
Cash and Non-Interest-Bearing Accounts$42,587$24,849▼ $17,738
Accounts Receivable$18,587$17,421▼ $1,166
Prepaid Expenses and Deferred Charges$10,796$10,674▼ $122
Total Assets$943,568$958,831▲ $15,263
Other Assets Total$321,616$390,541▲ $68,925
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,384,198$2,234,941▼ $149,257
Accounts Payable and Accrued Expenses$136,175$150,027▲ $13,852
Other Liabilities$20,442$23,488▲ $3,046
Deferred Revenue$40$540▲ $500
Total Liabilities$2,540,855$2,408,996▼ $131,859
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,597,287$-1,450,165▲ $147,122
Total Net Assets Fund Balance$-1,597,287$-1,450,165▲ $147,122
Total Liabilities and Net Assets / Fund Balance$943,568$958,831▲ $15,263

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$207,600$4,725,231$4,932,831
Land$250,000-$250,000
Other Assets Org$16,106--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Steve PaynePresident
Bettina CollinsDirector
Betty Allen-greenDirector
Debra MitchellDirector
Micaela SmithDirector
Melanie JongsmaSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$889,284
Program Service Revenue
$201,965
Investment Income
$2,774
Other Revenue
$5,733
Change in Net Assets
$147,122

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,099,756
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,099,756
Total Revenue per Form 990
$1,099,756
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$639,542
Salaries, Compensation, and Employee Benefits$313,092
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$256,484--$256,484
Other Salaries and Wages$153,007$97,638-$250,645
Insurance$109,191--$109,191
Interest$106,407--$106,407
Office Expenses$31,470$27,394-$58,864
Fees for Services Management-$54,000-$54,000
Other Employee Benefits$44,284--$44,284
Depreciation Depletion$36,522--$36,522
Payroll Taxes$18,163--$18,163
Fees for Services Accounting-$11,832-$11,832
Other Expenses-$3,060-$3,060
Conferences and Meetings-$1,724-$1,724
Fees for Services Legal-$1,198-$1,198
Advertising-$260-$260
Total Functional Expenses$755,528$197,106$0$952,634

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$952,634
Total Expenses per Audited Statements$952,634
Total Expenses per Form 990$952,634
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
Tenant Deposits$22,382
Excess Project Funds$1,106
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

The apartment complex is managed by lutheran service of illinois.

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

The return is made available to all directors prior to filing for review.

Form 990, Part VI, Section C, Line 19

The organization provides documents upon request.

Filing and Contact Details

Filer

Filer Name
Senior Housing Inc
EIN
36-3164729
Phone
8476354600
Address
1001 TOUHY AVE 50, DES PLAINES, IL 60018

Signing Officer

Name
Steve Payne
Title
President
Phone
7083083637
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Payne
Formed
1984
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

In 2009, the corporation adopted the income taxes topic of the fasb accounting standards codification (asc) 740, which provides guidance for how uncertain income tax positions should be recognized, measured, presented and disclosed in the financial statements. The corporation is required to evaluate the income tax positions taken or expected to be taken to determine whether the positions are "more-likely-than-not" to be sustained upon examination by the applicable tax authority. The corporation has determined that the application of the income tax standard does not impact the operations of the corporation and that no provision for income tax is required in the corporation's financial statements. There has been no interest or penalties recognized in the income statement or balance sheet for the year ended.

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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0217652
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0229103
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0296722
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0146127
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0196880
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01086484
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02774
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02111
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0317
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0125
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0585
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05912
IRS990ScheduleA/InvestmentIncomeCYPct00.00110
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt05733
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt06101
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06557
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt04109
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt04911
IRS990ScheduleA/OtherIncome509Grp/TotalAmt027411
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99360
IRS990ScheduleA/PublicSupportPY509Pct00.99390
IRS990ScheduleA/PublicSupportTotal509Amt05177169
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01106936
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01061014
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01027813
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0988215
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0993191
IRS990ScheduleA/Total509Grp/TotalAmt05177169
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01115443
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01069226
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01034687
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0992449
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0998687
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05210492
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0207600
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04725231
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04932831
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0952634
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0250000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0250000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt024138
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1111220
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2239077
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt316106
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt022382
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt11106
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1EXCESS PROJECT FUNDS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01099756
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN 2009, THE CORPORATION ADOPTED THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, WHICH PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. THE CORPORATION IS REQUIRED TO EVALUATE THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITY. THE CORPORATION HAS DETERMINED THAT THE APPLICATION OF THE INCOME TAX STANDARD DOES NOT IMPACT THE OPERATIONS OF THE CORPORATION AND THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE CORPORATION'S FINANCIAL STATEMENTS. THERE HAS BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE INCOME STATEMENT OR BALANCE SHEET FOR THE YEAR ENDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt0390541
IRS990ScheduleD/TotalExpensesPerForm990Amt0952634
IRS990ScheduleD/TotalLiabilityAmt023488
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IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE APARTMENT COMPLEX IS MANAGED BY LUTHERAN SERVICE OF ILLINOIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS MADE AVAILABLE TO ALL DIRECTORS PRIOR TO FILING FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0958831
IRS990/TotalAssetsGrp/BOYAmt0943568
IRS990/TotalAssetsGrp/EOYAmt0958831
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0889284
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0197106
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0755528
IRS990/TotalFunctionalExpensesGrp/TotalAmt0952634
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02540855
IRS990/TotalLiabilitiesEOYAmt02408996
IRS990/TotalLiabilitiesGrp/BOYAmt02540855
IRS990/TotalLiabilitiesGrp/EOYAmt02408996
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1597287
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1450165
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0755528
IRS990/TotalProgramServiceRevenueAmt0201965
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt08507
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0201965
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01099756
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0943568
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0958831
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01001 TOUHY AVE 50
IRS990/USAddress/CityNm0DES PLAINES
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IRS990/VotingMembersGoverningBodyCnt05
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