Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
EIN 37-1293164 • 501(c)3 • Morton, IL
Profile
The purpose of this organization is to provide an affordable retirement community to the elderly.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
85th percentile
Higher net margin than 85% of similar nonprofits.
Top Officer Pay
78th percentile
Higher top officer pay than 78% of similar nonprofits.
Top officer pay equals 9.7% of source-year revenue.
Asset Growth
79th percentile
Faster asset growth than 79% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
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
Most recent year
2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.
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.
| Line | Beginning | End | Change |
|---|---|---|---|
| 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 | Book Value | Depreciation | Basis |
|---|---|---|---|
| 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 |
| Name | Title | Full / Part Time | Other | Total |
|---|---|---|---|---|
| Mike Kaiser | CFO | PT | $131,443 | $131,443 |
| Name | Title |
|---|---|
| Gene Strunk | President |
| John Kelley | Vice President |
| Gilbert Rapp | Director |
| Keith Schick | Director |
| Russ Ehnle | Director |
| Heidi Haerr | Secretary |
| Line Item | Amount |
|---|---|
| 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 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| 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 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Life Lease Equity | $5,891,715 |
| Security Deposits | $145,000 |
“The board consists of only six members, thus it has no committees.”
“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.”
“These items are available to the public upon request. They have not traditionally been routinely distributed to the public.”
“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.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 418463 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt | 0 | 433112 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 2399766 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt | 0 | 28887 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt | 0 | 34285 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt | 0 | 303 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt | 0 | 292 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt | 0 | 1338 |
| IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt | 0 | 65105 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.01990 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.01640 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt | 0 | 799434 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 298 |
| IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2516 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 802248 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.73480 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.98250 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 2402916 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 532557 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 447147 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 571397 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 418703 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 433112 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 2402916 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 1360878 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 481432 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 571700 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 419293 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 436966 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 3270269 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/BuildingsGrp/BookValueAmt | 0 | 965129 |
| IRS990ScheduleD/BuildingsGrp/DepreciationAmt | 0 | 3506183 |
| IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 4471312 |
| IRS990ScheduleD/EquipmentGrp/BookValueAmt | 0 | 95371 |
| IRS990ScheduleD/EquipmentGrp/DepreciationAmt | 0 | 277049 |
| IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt | 0 | 372420 |
| IRS990ScheduleD/LandGrp/BookValueAmt | 0 | 88125 |
| IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt | 0 | 88125 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 1159612 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 755488 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 1915100 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 26413 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 285931 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 312344 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 145000 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 1 | 5891715 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | SECURITY DEPOSITS |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | LIFE LEASE EQUITY |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 2334650 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 6036715 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | THE BOARD CONSISTS OF ONLY SIX MEMBERS, THUS IT HAS NO COMMITTEES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THESE ITEMS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THEY HAVE NOT TRADITIONALLY BEEN ROUTINELY DISTRIBUTED TO THE PUBLIC. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | 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. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION A, LINE 8B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART IX, LINE 24E |
| IRS990ScheduleR/AssetExchangeInd | 0 | 0 |
| IRS990ScheduleR/AssetPurchaseFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/AssetSaleToOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/DivRelatedOrganizationInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 0 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd | 1 | 0 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 0 | APOSTOLIC CHRISTIAN CHURCH |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt | 1 | APOSTOLIC CHRISTIAN RESTMOR INC |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 0 | 370678471 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN | 1 | 371048372 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 1 | 501(C)(3) |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 0 | IL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd | 1 | IL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | CHURCH |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 1 | NURSING HOME |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 0 | LINE 1 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt | 1 | LINE 10 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 0 | 225 E JEFFERSON |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt | 1 | 1500 PARKSIDE AVE |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 0 | MORTON |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm | 1 | MORTON |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd | 1 | IL |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 0 | 61550 |
| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd | 1 | 61550 |
| IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/PaidEmployeesSharingInd | 0 | 0 |
| IRS990ScheduleR/PerformOfServicesByOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/PerformOfServicesForOthOrgInd | 0 | 0 |
| IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidByOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/ReimbursementPaidToOtherOrgInd | 0 | 1 |
| IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd | 0 | 0 |
| IRS990ScheduleR/RentalOfFcltsFromOthOrgInd | 0 | 0 |
| IRS990ScheduleR/SharingOfFacilitiesInd | 0 | 0 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 0 | 38100 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 1 | 132314 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt | 2 | 44683 |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 0 | FAIR MARKET VALUE OF SERVICES |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 1 | FAIR MARKET VALUE OF SERVICES |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt | 2 | FAIR MARKET VALUE OF SERVICES |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 0 | APOSTOLIC CHRISTIAN RESTMOR INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 1 | APOSTOLIC CHRISTIAN RESTMOR INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt | 2 | APOSTOLIC CHRISTIAN RESTMOR INC |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 0 | M |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 1 | P |
| IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt | 2 | D |
| IRS990ScheduleR/TransferFromOtherOrgInd | 0 | 0 |
| IRS990ScheduleR/TransferToOtherOrgInd | 0 | 0 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 3210163 |
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