Civic Intelligence

Greencastle of Loves Park Inc.

990 • Fiscal year 2016 • EIN 36-4352754

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 27, 2017

Organization ProfileEmbraceLiving.org
1900 Spring Rd No 300Oak Brook, IL 60523

(630) 766-3570

Siviq Scores

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

Liabilities / Assets

29th percentile

0.02x

Higher debt load relative to assets than 29% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

45th percentile

0.08x

Higher debt load relative to revenue than 45% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

6th percentile

-62%

Higher net margin than 6% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

91st percentile

$223,910

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 48.3% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

47th percentile

1.6%

Faster revenue growth than 47% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets29th percentile

Assets

Down

$2,375,595

Down $298,471 (-11%) from 2015

Net Assets

Down

$2,337,180

Down $285,817 (-11%) from 2015

Liabilities

Down

$38,415

Down $12,654 (-25%) from 2015

Revenue And Expenses
Liabilities / Revenue45th percentileNet Margin6th percentile

Revenue

Up

$463,596

Up $7,325 (+1.6%) from 2015

Expenses

Up

$749,412

Up $210,806 (+39%) from 2015

Net Income

Down

-$285,816

Down $203,481 (-247%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

2016

Assets$2,375,595
Liabilities$38,415
Net Assets$2,337,180
Open 2016 Filing

Operations Trend

Revenue Growth47th percentile

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

2016

Revenue$463,596
Expenses$749,412
Net Income-$285,816
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 27, 2017
Return Version
2016v3.0
Gross Receipts
$467,522
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.

To provide actively aging adults affordable, welcoming homes in communities that embrace living.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,395,640$2,093,271▼ $302,369
Prepaid Expenses and Deferred Charges$20,410$8,400▼ $12,010
Savings and Temporary Cash Investments-$3,086-
Cash and Non-Interest-Bearing Accounts$300$300→ $0
Total Assets$2,674,953$2,375,595▼ $299,358
Other Assets Total$258,603$270,538▲ $11,935
Liabilities
Accounts Payable and Accrued Expenses$38,047$25,814▼ $12,233
Escrow Account Liability$12,305$12,601▲ $296
Other Liabilities$1,604$0▼ $1,604
Total Liabilities$51,956$38,415▼ $13,541
Net Assets / Fund Balance
Unrestricted Net Assets$2,622,997$2,337,180▼ $285,817
Total Net Assets Fund Balance$2,622,997$2,337,180▼ $285,817
Total Liabilities and Net Assets / Fund Balance$2,674,953$2,375,595▼ $299,358

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,817,711$1,107,130$2,924,841
Land$189,846-$189,846
Other Land Buildings$70,781$89,418$160,199
Equipment$14,933$8,617$23,550
Other Assets Org$15,370--
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John DiehlDirector of Rockford CommunitiesPT$19,585$105,766$125,351

Board Members and Trustees

NameTitle
Rev Bonnie CondonChairman
Jeremy DeWeerdt FormerPresident
Anne M OlivaExecutive Vice-President & CFO
Susan A SindersonExecutive Vice-President & Secretary
Rev Jesse KnoxDirector
Todd J ThorsonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$467,154
Investment Income
$-3,688
Other Revenue
$130
Change in Net Assets
$-285,816

Audited Revenue Reconciliation

Revenue per Audited Statements
$463,595
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$15,879
Total Revenue per Audited Statements
$479,474
Total Revenue per Form 990
$463,595
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$606,974
Salaries, Compensation, and Employee Benefits$142,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$298,441--$298,441
Occupancy$193,213--$193,213
Other Salaries and Wages$47,113$28,984-$76,097
Other Employee Benefits$17,369$18,541-$35,910
Fees for Services Management-$33,694-$33,694
Insurance$26,208--$26,208
Fees for Services Accounting-$22,800-$22,800
Current Officers, Directors, Trustees, and Key Employees-$21,310-$21,310
Office Expenses$1,690$8,725-$10,415
Payroll Taxes$4,412$4,709-$9,121
Conferences and Meetings$3,532$790-$4,322
Information Technology$4,212--$4,212
Travel$1,350$615-$1,965
Advertising-$642-$642
Other Expenses$30$2,453-$30
Interest$15--$15
Total Functional Expenses$606,149$143,263$0$749,412

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$765,291
Expenses per Audited Statements$749,412
Total Expenses per Form 990$749,412
Expenses Not Reported on Form 990$15,879
Expenses Not Reported on Financial Statements$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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Stacey VaughnOwner of Vaughn FurnishingsAppliance PurchasesNo$3,685
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
Yes
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 11B

“The 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.”

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

“Each 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 organization 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.”

Form 990, Part VI, Section C, line 19

“Anyone appearing in person at the offices of greencastle of loves park 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.”

Filing and Contact Details

Filer

Filer Name
Greencastle of Loves Park
EIN
36-4352754
Phone
6307663570
Address
1900 Spring Rd No 300, Oak Brook, IL 60523

Signing Officer

Name
Anne M Oliva
Title
Executive VP & CFO
Phone
6307663570
Signed
2017-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne M Oliva
Formed
2000
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
3
Employees
0
Volunteers
10

Preparer

Firm
Wipfli LLP
Address
4949 Harrison Avenue Suite 300, Rockford, IL 61125-0407
Preparer
Steve Jordan CPA
Phone
8153997700
Supplemental Narrative

Financial Statement Notes

Part IV, Line 1B:

“Tenant security deposits held in trust.”

Part X, Line 2:

“The Project is a not-for profit organization exempt from income taxes under Section 501(c) (3) of the Internal Revenue Code. The Project follows the authoritative guidance issued by the FASB which clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a recognition threshold of more-likely-than-not to be sustained upon examination. Measurement of the tax uncertainty occurs if the recognition threshold has not been met. This guidance also addresses de-recognition, classification, interest and penalties, and disclosure. The Project files income tax returns for the United States and state of Illinois. In the normal course of business the Project is subject to examination by taxing authorities. The Project's tax returns for years subsequent to 2013 are open, by statute, for review by authorities. However, at present, there are no ongoing income tax audits or unresolved disputes with whom the Project currently files or has filed. The Project has determined that it does not have any significant risks related to income tax expense and therefore no amounts were reserved for uncertain tax positions as of December 31, 2016 and 2015.”

Part XI, Line 2D - Other Adjustments:

“RENT FREE APARTMENT - in-kind revenue 11,952. Loss on Disposal of Fixed Assets 3,927.”

Part XII, Line 2D - Other Adjustments:

“RENT FREE APARTMENT - in-kind expense 11,952. Loss on Disposal of Fixed Assets 3,927.”

Raw XML AppendixShowing 400 of 611 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt038047
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt025814
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To provide actively aging adults affordable, welcoming homes in communities that embrace living.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0642
IRS990/AdvertisingGrp/TotalAmt0642
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0The Organization
IRS990/BooksInCareOfDetail/PhoneNum06307663570
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01900 Spring Rd No 300
IRS990/BooksInCareOfDetail/USAddress/CityNm0Oak Brook
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060523
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd01
IRS990/CashNonInterestBearingGrp/BOYAmt0300
IRS990/CashNonInterestBearingGrp/EOYAmt0300
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt021310
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt021310
IRS990/CompensationFromOtherSrcsInd01
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0790
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt03532
IRS990/ConferencesMeetingsGrp/TotalAmt04322
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-3688
IRS990/CYOtherExpensesAmt0606974
IRS990/CYOtherRevenueAmt0130
IRS990/CYProgramServiceRevenueAmt0467154
IRS990/CYRevenuesLessExpensesAmt0-285816
IRS990/CYSalariesCompEmpBnftPaidAmt0142438
IRS990/CYTotalExpensesAmt0749412
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0463596
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0298441
IRS990/DepreciationDepletionGrp/TotalAmt0298441
IRS990/Desc0Greencastle of Loves Park (formerly CLRC IV, Inc.) was originally formed by the First Assembly of God Church to acquire an interest in real property located in Rockford, Illinois and to construct and operate thereon an apartment complex of 60 units, under Section 202 of the National Housing Act.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountLiabilityGrp/BOYAmt012305
IRS990/EscrowAccountLiabilityGrp/EOYAmt012601
IRS990/ExpenseAmt0606149
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditPerformedInd01
IRS990/FederalGrantAuditRequiredInd01
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt022800
IRS990/FeesForServicesAccountingGrp/TotalAmt022800
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt033694
IRS990/FeesForServicesManagementGrp/TotalAmt033694
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.20
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt520.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/HighestCompensatedEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt128419
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt415539
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt510144
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt6101358
IRS990/Form990PartVIISectionAGrp/PersonNm0Rev Bonnie Condon
IRS990/Form990PartVIISectionAGrp/PersonNm1Susan A Sinderson
IRS990/Form990PartVIISectionAGrp/PersonNm2Todd J Thorson
IRS990/Form990PartVIISectionAGrp/PersonNm3Rev Jesse Knox
IRS990/Form990PartVIISectionAGrp/PersonNm4Anne M Oliva
IRS990/Form990PartVIISectionAGrp/PersonNm5John Diehl
IRS990/Form990PartVIISectionAGrp/PersonNm6Jeremy DeWeerdt Former
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt519585
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1195491
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4164252
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt595622
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt699469
IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive Vice-President & Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Executive Vice-President & CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director of Rockford Communities
IRS990/Form990PartVIISectionAGrp/TitleTxt6President
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02000
IRS990/FormerOfcrEmployeesListedInd01
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt0-3926
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0467522
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt03
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt04212
IRS990/InformationTechnologyGrp/TotalAmt04212
IRS990/InsuranceGrp/ProgramServicesAmt026208
IRS990/InsuranceGrp/TotalAmt026208
IRS990/InterestGrp/ProgramServicesAmt015
IRS990/InterestGrp/TotalAmt015
IRS990/InvestmentIncomeGrp/ExclusionAmt021
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0217
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0238
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01205165
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02395640
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02093271
IRS990/LandBldgEquipCostOrOtherBssAmt03298436
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt03926
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0To provide actively aging adults affordable, welcoming homes in communities that embrace living.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt02622997
IRS990/NetAssetsOrFundBalancesEOYAmt02337180
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-3926
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-3926
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0193213
IRS990/OccupancyGrp/TotalAmt0193213
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08725
IRS990/OfficeExpensesGrp/ProgramServicesAmt01690
IRS990/OfficeExpensesGrp/TotalAmt010415
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0258603
IRS990/OtherAssetsTotalGrp/EOYAmt0270538
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt018541
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt017369
IRS990/OtherEmployeeBenefitsGrp/TotalAmt035910
IRS990/OtherExpensesGrp/Desc0EQUIPMENT MAINTENANCE A
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02453
IRS990/OtherExpensesGrp/ProgramServicesAmt08087
IRS990/OtherExpensesGrp/ProgramServicesAmt1477
IRS990/OtherExpensesGrp/ProgramServicesAmt230
IRS990/OtherExpensesGrp/TotalAmt08087
IRS990/OtherExpensesGrp/TotalAmt12930
IRS990/OtherExpensesGrp/TotalAmt230
IRS990/OtherLiabilitiesGrp/BOYAmt01604
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0130
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0130
IRS990/OtherRevenueTotalAmt0130
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt028984
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt047113
IRS990/OtherSalariesAndWagesGrp/TotalAmt076097
IRS990/OtherWebsiteInd0X
IRS990/OwnWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04709
IRS990/PayrollTaxesGrp/ProgramServicesAmt04412
IRS990/PayrollTaxesGrp/TotalAmt09121
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt020410
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08400
IRS990/PrincipalOfficerNm0Anne M Oliva
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1532420
IRS990/ProgramServiceRevenueGrp/Desc0LOW-INCOME HOUSING
IRS990/ProgramServiceRevenueGrp/Desc1ON-SITE LAUNDRY
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0460394
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16760
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0460394
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16760
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0262
IRS990/PYOtherExpensesAmt0404902
IRS990/PYOtherRevenueAmt0110
IRS990/PYProgramServiceRevenueAmt0455899
IRS990/PYRevenuesLessExpensesAmt0-82335
IRS990/PYSalariesCompEmpBnftPaidAmt0133704
IRS990/PYTotalExpensesAmt0538606
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0456271
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-285816
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0460394
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03086
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0262
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0267
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0376
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0480
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01385
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0449154
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0441491
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0429473
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0419526
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01739644
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt06745
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt06624
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt06149
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt05978
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt025496
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0262
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0267
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0376
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0480
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01385
IRS990ScheduleA/InvestmentIncomeCYPct00.00080
IRS990ScheduleA/InvestmentIncomePYPct00.00100
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0110
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0919
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt090
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01119
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99860
IRS990ScheduleA/PublicSupportPY509Pct00.99840
IRS990ScheduleA/PublicSupportTotal509Amt01765140
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0455899
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0448115
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0435622
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0425504
IRS990ScheduleA/Total509Grp/TotalAmt01765140
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0456271
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0449301
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0435998
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0426074
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01767644
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AdditionsDuringYearAmt01519
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/BeginningBalanceAmt012305
IRS990ScheduleD/BuildingsGrp/BookValueAmt01817711
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01107130
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02924841
IRS990ScheduleD/DistributionsDuringYearAmt01223
IRS990ScheduleD/EndingBalanceAmt012601
IRS990ScheduleD/EquipmentGrp/BookValueAmt014933
IRS990ScheduleD/EquipmentGrp/DepreciationAmt08617
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt023550
IRS990ScheduleD/ExpensesNotReportedAmt015879
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0749412
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt0189846
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0189846
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012624
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1233626
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt28918
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt315370
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2OTHER RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3Escrow Deposits
IRS990ScheduleD/OtherExpensesIncludedAmt015879
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt070781
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt089418
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0160199
IRS990ScheduleD/OtherRevenueAmt015879
IRS990ScheduleD/RevenueNotReportedAmt015879
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0463595
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Tenant security deposits held in trust.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Project is a not-for profit organization exempt from income taxes under Section 501(c) (3) of the Internal Revenue Code. The Project follows the authoritative guidance issued by the FASB which clarifies the accounting for uncertainty in income taxes recognized in an entity's financial statements and prescribes a recognition threshold of more-likely-than-not to be sustained upon examination. Measurement of the tax uncertainty occurs if the recognition threshold has not been met. This guidance also addresses de-recognition, classification, interest and penalties, and disclosure. The Project files income tax returns for the United States and state of Illinois. In the normal course of business the Project is subject to examination by taxing authorities. The Project's tax returns for years subsequent to 2013 are open, by statute, for review by authorities. However, at present, there are no ongoing income tax audits or unresolved disputes with whom the Project currently files or has filed. The Project has determined that it does not have any significant risks related to income tax expense and therefore no amounts were reserved for uncertain tax positions as of December 31, 2016 and 2015.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENT FREE APARTMENT - in-kind revenue 11,952. Loss on Disposal of Fixed Assets 3,927.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3RENT FREE APARTMENT - in-kind expense 11,952. Loss on Disposal of Fixed Assets 3,927.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 1b:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02093271
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0270538
IRS990ScheduleD/TotalExpensesPerForm990Amt0749412
IRS990ScheduleD/TotalRevenuePerForm990Amt0463595
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0479474
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0765291
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0195491
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1164252
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt299469
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt012361
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt16645
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt215000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt016058
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt18894
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt286358
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,375,595
Liabilities
$38,415
Net assets
$2,337,180
Revenue
$463,596
Expenses
$749,412
Net income
-$285,816
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.88$0.05$1.83$0.73$0.62$0.11
2023Detailed filing. Detailed filing data is available for this year.$1.77$0.04$1.73$0.59$0.65$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.83$0.04$1.79$0.58$0.68$0.09
2021Detailed filing. Detailed filing data is available for this year.$1.93$0.05$1.88$0.56$0.63$0.08
2020Detailed filing. Detailed filing data is available for this year.$2.00$0.04$1.96$0.54$0.63$0.09
2016Detailed filing. Detailed filing data is available for this year.$2.38$0.04$2.34$0.46$0.75$0.29
2015Detailed filing. Detailed filing data is available for this year.$2.67$0.05$2.62$0.46$0.54$0.08
2014Detailed filing. Detailed filing data is available for this year.$2.74$0.03$2.71$0.45$0.52$0.07
2013Detailed filing. Detailed filing data is available for this year.$2.82$0.05$2.77$0.44$0.46$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.85$0.05$2.80$0.48
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.05$2.86$0.45
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.05$2.88$0.46