Plymouth Place Inc
- Assets
- $140.3m
- Revenue
- $32.3m
- Investments
- $0.0
- Employees
- 462
- Location
- Lagrange Park, IL
- Founding
- 12/1944
- Data as of
- 12/2021
- EIN
- 36-2169165
Organization Overview
Plymouth Place Inc is located in Lagrange Park, IL. The organization was established in 1944. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Plymouth Place Inc employed 462 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plymouth Place Inc 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, Plymouth Place Inc generated $32.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $33.3m during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
RETIREMENT HOME FOR SENIOR CITIZENS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLYMOUTH PLACE IS A NONPROFIT CORPORATION WHICH PROVIDES HOUSING, HEALTH CARE, AND OTHER RELATED SERVICES TO THE RESIDENTS OF THE LANDING AT PLYMOUTH PLACE, A RETIREMENT COMMUNITY IN LAGRANGE PARK, ILLINOIS. THE LANDING, A REDEVELOPMENT OF THE ORGANIZATION'S FORMER RETIREMENT COMMUNITY, CONSISTS OF 182 INDEPENDENT LIVING APARTMENTS, 52 ASSISTED LIVING, 26 MEMORY SUPPORT UNITS, 86 HEALTH CARE BEDS, AND 5 RENOVATED COTTAGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Biere CEO | Officer | 45 | $283,480 |
Rebecca Mathis CFO | Officer | 45 | $252,432 |
Mary Freese Director Of Facilities | 45 | $186,952 | |
Cheri Boublis Senior Director Of Hospitality Services | 45 | $162,776 | |
Nitsa Foundos Senior Director Of Sales | 45 | $151,366 | |
Jacquelyn Lee Terpstra Senior Director Of Clinical Services | 45 | $139,772 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Joint & Neuro Rehab Associates Of Chicag Rehab Services | 12/30/21 | $1,543,721 |
Top Cabinetry Carpentry | 12/30/21 | $384,999 |
Silver Age Homes Llc Apartment Turnover Refurbishments | 12/30/21 | $947,481 |
Take Action Services Llc Construction | 12/30/21 | $342,285 |
Fortune Fish & Gourmet Food | 12/30/21 | $284,114 |
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 | $840,829 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $840,829 |
| Total Program Service Revenue | $30,405,120 |
| Investment income | $920,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $179,092 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,345,507 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $109,628 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $535,912 |
| Compensation of current officers, directors, key employees. | $106,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,130,520 |
| Pension plan accruals and contributions | $175,133 |
| Other employee benefits | $2,021,474 |
| Payroll taxes | $810,990 |
| Fees for services: Management | $409,349 |
| Fees for services: Legal | $185,896 |
| Fees for services: Accounting | $231,358 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $493,267 |
| Office expenses | $397,770 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,732,970 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,643,488 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,367,117 |
| Insurance | $370,569 |
| All other expenses | $2,029,712 |
| Total functional expenses | $33,321,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,111,748 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,829,446 |
| 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 | $480,355 |
| Net Land, buildings, and equipment | $89,873,629 |
| Investments—publicly traded securities | $32,072,433 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,916,215 |
| Total assets | $140,283,826 |
| Accounts payable and accrued expenses | $3,296,147 |
| Grants payable | $0 |
| Deferred revenue | $11,948,427 |
| Tax-exempt bond liabilities | $82,932,211 |
| 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 | $88,251,822 |
| Total liabilities | $186,428,607 |
| Net assets without donor restrictions | -$54,408,535 |
| Net assets with donor restrictions | $8,263,754 |
| 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 | $140,283,826 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Plymouth Place Inc has recieved totaling $25,200.
| Awarding Organization | Amount |
|---|---|
Marlene E & William F Omeara Charitable Foundation Inc Lagrange Park, IL PURPOSE: SEE STATEMENT | $25,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Franciscan Communities Inc Lemont, IL | $256,975,349 | $105,555,316 |
Wesley Retirement Services Inc Johnston, IA | $293,962,808 | $95,958,203 |
John Knox Village Lees Summit, MO | $177,748,432 | $73,269,206 |
Bhi Senior Living Inc Indianapolis, IN | $339,336,234 | $58,133,040 |
Evangelical Retirement Homes Of Greater Chicago Inc Schaumburg, IL | $118,730,594 | $50,606,372 |
Northwest Senior Housing Corporation West Des Moines, IA | $270,336,764 | $32,213,860 |
Friendship Village Of South County St Louis, MO | $305,494,367 | $44,131,100 |
Westminster Place Skokie, IL | $182,178,492 | $52,629,368 |
Council For Jewish Elderly Chicago, IL | $47,075,141 | $58,056,888 |
Lutheran Home For The Aged Arlington Heights, IL | $131,494,614 | $46,009,976 |
Masonic Homes Of Kentucky Inc Masonic Home, KY | $92,700,057 | $43,584,418 |
Lindengrove Inc Brookfield, WI | $53,159,981 | $37,652,858 |