Civic Intelligence

Greencastle of Loves Park Inc.

990 • Fiscal year 2012 • EIN 36-4352754

Jan 01, 2012 to Dec 31, 2012 • Filed on Aug 01, 2013

4260 Sunset Terrace61111-8665
Siviq Scores

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

Liabilities / Assets

27th percentile

0.02x

Higher debt load relative to assets than 27% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

36th percentile

-2.0%

Faster asset growth than 36% of similar nonprofits.

2012 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Down

$2,846,914

Down $58,727 (-2.0%) from 2011

Net Assets

Down

$2,798,352

Down $56,775 (-2.0%) from 2011

Liabilities

Down

$48,562

Down $1,952 (-3.9%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$482,849

Up $32,919 (+7.3%) from 2011

Net Income

-

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.

$3.0M$2.0M$1.0M$0Assets 2010: $2,938,272Liabilities 2010: $53,530Net Assets 2010: $2,884,7422010Assets 2011: $2,905,641Liabilities 2011: $50,514Net Assets 2011: $2,855,1272011Assets 2012: $2,846,914Liabilities 2012: $48,562Net Assets 2012: $2,798,3522012Assets 2013: $2,824,738Liabilities 2013: $50,480Net Assets 2013: $2,774,2582013Assets 2014: $2,735,756Liabilities 2014: $30,426Net Assets 2014: $2,705,3302014Assets 2015: $2,674,066Liabilities 2015: $51,069Net Assets 2015: $2,622,9972015Assets 2016: $2,375,595Liabilities 2016: $38,415Net Assets 2016: $2,337,1802016Assets 2020: $1,996,276Liabilities 2020: $35,785Net Assets 2020: $1,960,4912020Assets 2021: $1,927,334Liabilities 2021: $45,504Net Assets 2021: $1,881,8302021Assets 2022: $1,831,164Liabilities 2022: $40,265Net Assets 2022: $1,790,8992022Assets 2023: $1,770,119Liabilities 2023: $41,413Net Assets 2023: $1,728,7062023Assets 2024: $1,879,840Liabilities 2024: $45,305Net Assets 2024: $1,834,5352024

Highlighted filing

2012

Assets$2,846,914
Liabilities$48,562
Net Assets$2,798,352

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $462,3922010Expenses 2011: $449,9302011Expenses 2012: $482,8492012Revenue 2013: $435,998Expenses 2013: $460,092Net Income 2013: -$24,0942013Revenue 2014: $449,297Expenses 2014: $518,225Net Income 2014: -$68,9282014Revenue 2015: $456,271Expenses 2015: $538,606Net Income 2015: -$82,3352015Revenue 2016: $463,596Expenses 2016: $749,412Net Income 2016: -$285,8162016Revenue 2020: $537,434Expenses 2020: $627,823Net Income 2020: -$90,3892020Revenue 2021: $556,066Expenses 2021: $634,727Net Income 2021: -$78,6612021Revenue 2022: $584,098Expenses 2022: $675,029Net Income 2022: -$90,9312022Revenue 2023: $585,446Expenses 2023: $647,639Net Income 2023: -$62,1932023Revenue 2024: $728,969Expenses 2024: $623,140Net Income 2024: $105,8292024

Highlighted filing

2012

Revenue-
Expenses$482,849
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Aug 1, 2013
Return Version
2012v2.1
Gross Receipts
$426,074
Mission and Program Overview

Mission

Greencastle of loves park was incorporated as a not-for-profit corporation in the state of illinois in 2000. It was formed to acquire land and construct buildings to house low-income elderly and handicapped persons as defined by the national housing act of 1959. Our mission is to provide actively aging adults affordable welcoming homes in communities that embrace living.

Filing and Contact Details

Filer

EIN
36-4352754
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IRS990ScheduleD/Form990ScheduleDPartXIII/Explanation1THE PROJECT IS A NOT-FOR PROFIT ORGANIZATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THE PROJECT ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) 740, INCOME TAXES. FASB ASC 740 PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. IN THE NORMAL COURSE OF BUSINESS, THE PROJECT IS SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. THE PROJECT'S TAX RETURNS FOR YEARS SUBSEQUENT TO 2009 ARE OPEN BY STATUE FOR REVIEW BY AUTHORITIES. HOWEVER, AT PRESENT, THERE ARE NO ONGOING INCOME TAX AUDITS OR UNRESOLVED DISPUTES WITH WHOM THE TAX AUTHORITIES THE PROJECT CURRENTLY FILES OR HAS FILED.
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IRS990ScheduleJ/Form990ScheduleJPartII/NontaxableBenefitsRelatedOrgs088212
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/OtherCompensationRelatedOrgs00
IRS990ScheduleJ/Form990ScheduleJPartII/Title0PRESIDENT
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationFilingOrg00
IRS990ScheduleJ/Form990ScheduleJPartII/TotalCompensationRelatedOrgs0182557
IRS990ScheduleJ/InitialContractException00
IRS990/ScheduleJRequired01
IRS990ScheduleJ/SeverancePayment00
IRS990ScheduleJ/SupplementalNonqualRetirePlan00
IRS990ScheduleL/Form990ScheduleLPartIV/AmountOfTransaction025018
IRS990ScheduleL/Form990ScheduleLPartIV/DescriptionOfTransaction0APPLIANCE PURCHASES
IRS990ScheduleL/Form990ScheduleLPartIV/NameOfInterestedPerson/NameBusiness/BusinessNameLine10STACEY VAUGHN
IRS990ScheduleL/Form990ScheduleLPartIV/Relationship0OWNER OF VAUGHN FURNISHINGS
IRS990ScheduleL/Form990ScheduleLPartIV/SharingOfRevenues00
IRS990ScheduleO/GeneralExplanation/Explanation0THE BOARD OF DIRECTORS MEET QUARTERLY. A DRAFT OF THE 990 IS REVIEWED BY THE MANAGEMENT ADMINISTRATOR, A FINAL COPY IS PREPARED AND FORWARDED TO THE PRESIDENT FOR REVIEW AND SIGNATURE BEFORE SUBMITTING.
IRS990ScheduleO/GeneralExplanation/Explanation1EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD-DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH A PERSON HAS (1) RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY,(2)READ AND UNDERSTANDS THE POLICY,(3)AGREED TO COMPLY WITH THE POLICY, AND (4) UNDERSTANDS THE ORGNAIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/GeneralExplanation/Explanation2ANYONE APPEARING IN PERSON AT THE OFFICES OF CHRISTIAN LIFE RETIREMENT CENTERS DURING NORMAL WORKING HOURS MAKING A REQUEST TO INSPECT THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS WILL BE GRANTED ACCESS TO A FILE COPY OF THE FORMS. THE GENERAL MANAGER SHALL BE RESPONSIBLE FOR MAINTAINING THE COPY OF EACH FORM AND FOR MAKING IT AVAILABLE TO ALL WHO MAKE A REQUEST.
IRS990ScheduleO/GeneralExplanation/ReturnReference0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/GeneralExplanation/ReturnReference1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/GeneralExplanation/ReturnReference2FORM 990, PART VI, SECTION C, LINE 19
IRS990/ScheduleORequired01
IRS990ScheduleR/DividendsRelatedOrganization00
IRS990ScheduleR/ExchangeOfAssets00
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine105950 SPRING CREEK ROAD
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine112750 N MULFORD ROAD
IRS990ScheduleR/Form990ScheduleRPartII/AddressUS/AddressLine12250 BIENTERRA TRAIL

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