Peace Life Care System Nfp
- Assets
- $11.0k
- Revenue
- $17.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palos Park, IL
- Founding
- 05/2013
- Data as of
- 12/2021
- EIN
- 27-3719095
Organization Overview
Peace Life Care System Nfp is located in Palos Park, IL. The organization was established in 2013. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peace Life Care System Nfp is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Peace Life Care System Nfp generated $17.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (63.0%) each year. All expenses for the organization totaled $9.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTERESTS AND PURPOSES OF PEACE VILLAGE. THIS WILL ALLOW PEACE VILLAGE TO EXPAND ITS SERVICES TO COMPLETE THE FULL CONTINUUM OF CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SUPPORTS PEACE VILLAGE, A RETIREMENT FACILITY PROVIDING HOUSING, MEALS, PERSONAL SERVICES AND RECREATIONAL ACTIVITIES FOR THE ELDERLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katherine Graben President (from Jan 2021) | OfficerTrustee | 1 | $0 |
Joe Ferrantelli President (thru Jan 2021) | OfficerTrustee | 1 | $0 |
David Skala Secretary/vp (from Jan 2021) | OfficerTrustee | 1 | $0 |
Roy Obriecht Treasurer (from Jan 2021) | OfficerTrustee | 1 | $0 |
Tom Miller Treasurer (thru Jan 2021) | OfficerTrustee | 1 | $0 |
Roger Ellens CEO | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $64 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$47 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $17 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,288 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $44 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $9,381 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $10,991 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,991 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $75,777 |
| Total liabilities | $75,777 |
| Net assets without donor restrictions | -$64,786 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,991 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peace Life Care System Nfp has recieved totaling $30.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $30 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Catherine Kasper Life Center Inc Donaldson, IN | $1,652,159 | $10,400,404 |
Marquardt Memorial Manor Inc Watertown, WI | $22,487,955 | $14,763,955 |
Care Center Of Kansas City Kansas City, MO | $2,799,667 | $9,618,188 |
Mennonite Home Association Inc Hannibal, MO | $5,824,256 | $8,467,603 |
Sheboygan Senior Community Inc Sheboygan, WI | $15,183,816 | $8,667,622 |
Bourbon Heights Incorporated Paris, KY | $3,530,682 | $8,949,965 |
Simpson Memorial Home Inc West Liberty, IA | $15,879,383 | $9,351,091 |
Independent Order Of Odd Fellows Mattoon, IL | $10,702,204 | $9,351,250 |
Fairview Haven Inc Fairbury, IL | $8,895,719 | $8,163,058 |
Penn Center Inc Hiawatha, IA | $2,818,986 | $8,562,517 |
Beautiful Savior Home Belton, MO | $5,730,314 | $7,785,939 |
Apostolic Christian Home Of Eureka Eureka, IL | $15,411,847 | $8,942,952 |