Civic Intelligence

The Parkside of Morton Inc

EIN 37-1293164 • 501(c)3 • Morton, IL

Profile

The purpose of this organization is to provide an affordable retirement community to the elderly.

1400 Parkside AveMorton, IL 61550

n/A

Siviq Scores

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

Liabilities / Assets

97th percentile

1.77x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

97th percentile

5.05x

Higher debt load relative to revenue than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

85th percentile

39%

Higher net margin than 85% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

78th percentile

$131,443

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 9.7% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

79th percentile

21%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

183%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,875,210

Up $522,963 (+16%) from 2022

Liabilities

Up

$6,867,953

Up $106,245 (+1.6%) from 2022

Net Assets

Up

-$2,992,743

Up $416,718 (+12%) from 2022

Revenue

Up

$1,360,878

Up $789,178 (+138%) from 2022

Expenses

Up

$831,607

Up $246,365 (+42%) from 2022

Net Income

Up

$529,271

Up $542,813 (+4008%) from 2022

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2012: $3,661,101Liabilities 2012: $5,733,589Net Assets 2012: -$2,072,4882012Assets 2013: $3,561,233Liabilities 2013: $5,783,637Net Assets 2013: -$2,222,4042013Assets 2014: $3,547,812Liabilities 2014: $5,903,737Net Assets 2014: -$2,355,9252014Assets 2015: $3,456,769Liabilities 2015: $5,921,523Net Assets 2015: -$2,464,7542015Assets 2016: $3,473,125Liabilities 2016: $6,300,802Net Assets 2016: -$2,827,6772016Assets 2017: $3,242,962Liabilities 2017: $6,227,305Net Assets 2017: -$2,984,3432017Assets 2019: $3,300,328Liabilities 2019: $6,437,902Net Assets 2019: -$3,137,5742019Assets 2020: $3,240,824Liabilities 2020: $6,491,407Net Assets 2020: -$3,250,5832020Assets 2021: $3,177,700Liabilities 2021: $6,573,619Net Assets 2021: -$3,395,9192021Assets 2022: $3,352,247Liabilities 2022: $6,761,708Net Assets 2022: -$3,409,4612022Assets 2024: $3,875,210Liabilities 2024: $6,867,953Net Assets 2024: -$2,992,7432024

Highlighted filing

2024

Assets$3,875,210
Liabilities$6,867,953
Net Assets-$2,992,743

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2012: $537,7042012Revenue 2013: $390,665Expenses 2013: $540,581Net Income 2013: -$149,9162013Revenue 2014: $429,102Expenses 2014: $562,623Net Income 2014: -$133,5212014Revenue 2015: $423,566Expenses 2015: $532,395Net Income 2015: -$108,8292015Revenue 2016: $447,028Expenses 2016: $809,951Net Income 2016: -$362,9232016Revenue 2017: $416,117Expenses 2017: $572,783Net Income 2017: -$156,6662017Revenue 2019: $474,898Expenses 2019: $520,871Net Income 2019: -$45,9732019Revenue 2020: $436,966Expenses 2020: $549,975Net Income 2020: -$113,0092020Revenue 2021: $419,293Expenses 2021: $564,629Net Income 2021: -$145,3362021Revenue 2022: $571,700Expenses 2022: $585,242Net Income 2022: -$13,5422022Revenue 2024: $1,360,878Expenses 2024: $831,607Net Income 2024: $529,2712024

Highlighted filing

2024

Revenue$1,360,878
Expenses$831,607
Net Income$529,271

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 25, 2025
Return Version
2024v5.2
Gross Receipts
$1,360,878
Mission and Program Overview

Mission

The purpose of this organization is to provide an affordable retirement community to the elderly.

The purpose of this organization is to provide an affordable retirement community to those aged 55 and above.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,717,218$2,334,650▲ $617,432
Savings and Temporary Cash Investments$1,459,862$1,370,617▼ $89,245
Accounts Receivable$30,596$167,456▲ $136,860
Inventories for Sale or Use$2,487$2,487→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$-3,522,014$-2,992,743▲ $529,271
Total Assets$3,210,163$3,875,210▲ $665,047
Liabilities
Other Liabilities$5,918,850$6,036,715▲ $117,865
Deferred Revenue$765,410$765,492▲ $82
Accounts Payable and Accrued Expenses$47,917$65,746▲ $17,829
Total Liabilities$6,732,177$6,867,953▲ $135,776
Net Assets / Fund Balance
Total Net Assets Fund Balance$-3,522,014$-2,992,743▲ $529,271
Total Liabilities and Net Assets / Fund Balance$3,210,163$3,875,210▲ $665,047

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$965,129$3,506,183$4,471,312
Leasehold Improvements$1,159,612$755,488$1,915,100
Equipment$95,371$277,049$372,420
Other Land Buildings$26,413$285,931$312,344
Land$88,125-$88,125
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Mike KaiserCFOPT$131,443$131,443

Board Members and Trustees

NameTitle
Gene StrunkPresident
John KelleyVice President
Gilbert RappDirector
Keith SchickDirector
Russ EhnleDirector
Heidi HaerrSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$532,557
Investment Income
$28,887
Other Revenue
$799,434
Change in Net Assets
$529,271
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$699,292
Salaries, Compensation, and Employee Benefits$132,315
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$180,560$20,062-$200,622
Other Salaries and Wages$93,197$4,652-$97,849
Other Expenses$49,325$5,481-$54,806
Occupancy$47,364$5,263-$52,627
All Other Expenses$5,883$32,958-$38,841
Fees for Services Management$34,290$3,810-$38,100
Other Employee Benefits$19,803--$19,803
Pension Plan Contributions$7,828--$7,828
Payroll Taxes$6,835--$6,835
Fees for Services Accounting-$2,179-$2,179
Total Functional Expenses$748,901$82,706$0$831,607
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
Life Lease Equity$5,891,715
Security Deposits$145,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The board consists of only six members, thus it has no committees.

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

A copy is provided to the governing body which approves the document. The process allows the governing body to approve the document before/after the actual filing, due to the schedule of board meetings.

Form 990, Part VI, Section C, Line 19

These items are available to the public upon request. They have not traditionally been routinely distributed to the public.

Filing and Contact Details

Filer

Filer Name
The Parkside of Morton Inc
EIN
37-1293164
Phone
3092637770
Address
1400 PARKSIDE AVE, MORTON, IL 61550

Signing Officer

Name
Mike Kaiser
Title
CFO
Phone
3092637770
Signed
2025-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mike Kaiser
Formed
1991
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
8

Preparer

Firm
Cliftonlarsonallen Llp
Address
301 SW ADAMS STREET SUITE 1000, PEORIA, IL 61602
Preparer
Andrew Smith CPA
Phone
3096714500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Administrative expense: program service expenses 0. Management and general expenses 32,827. Fundraising expenses 0. Total expenses 32,827. Housekeeping department: program service expenses 4,695. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,695. Other operating expense: program service expenses 1,188. Management and general expenses 131. Fundraising expenses 0. Total expenses 1,319.

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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01338
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt065105
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0532557
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0447147
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0568487
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0418463
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0433112
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02399766
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt028887
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt034285
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0303
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0292
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01338
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt065105
IRS990ScheduleA/InvestmentIncomeCYPct00.01990
IRS990ScheduleA/InvestmentIncomePYPct00.01640
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0799434
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0298
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt02516
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0802248
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.73480
IRS990ScheduleA/PublicSupportPY509Pct00.98250
IRS990ScheduleA/PublicSupportTotal509Amt02402916
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0532557
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0447147
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0571397
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0418703
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0433112
IRS990ScheduleA/Total509Grp/TotalAmt02402916
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01360878
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0481432
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0571700
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0419293
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0436966
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03270269
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0965129
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03506183
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04471312
IRS990ScheduleD/EquipmentGrp/BookValueAmt095371
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0277049
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0372420
IRS990ScheduleD/LandGrp/BookValueAmt088125
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt088125
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt01159612
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0755488
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt01915100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt026413
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0285931
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0312344
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0145000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15891715
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LIFE LEASE EQUITY
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02334650
IRS990ScheduleD/TotalLiabilityAmt06036715
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD CONSISTS OF ONLY SIX MEMBERS, THUS IT HAS NO COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY IS PROVIDED TO THE GOVERNING BODY WHICH APPROVES THE DOCUMENT. THE PROCESS ALLOWS THE GOVERNING BODY TO APPROVE THE DOCUMENT BEFORE/AFTER THE ACTUAL FILING, DUE TO THE SCHEDULE OF BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THESE ITEMS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THEY HAVE NOT TRADITIONALLY BEEN ROUTINELY DISTRIBUTED TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ADMINISTRATIVE EXPENSE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 32,827. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,827. HOUSEKEEPING DEPARTMENT: PROGRAM SERVICE EXPENSES 4,695. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 4,695. OTHER OPERATING EXPENSE: PROGRAM SERVICE EXPENSES 1,188. MANAGEMENT AND GENERAL EXPENSES 131. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,319.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0APOSTOLIC CHRISTIAN CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1APOSTOLIC CHRISTIAN RESTMOR INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0370678471
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1371048372
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1NURSING HOME
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 1
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0225 E JEFFERSON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt11500 PARKSIDE AVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MORTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1MORTON
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd061550
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd161550
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd01
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt038100
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1132314
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt244683
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FAIR MARKET VALUE OF SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1FAIR MARKET VALUE OF SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt2FAIR MARKET VALUE OF SERVICES
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0APOSTOLIC CHRISTIAN RESTMOR INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1APOSTOLIC CHRISTIAN RESTMOR INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt2APOSTOLIC CHRISTIAN RESTMOR INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1P
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt2D
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03210163

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