Misericordia Home
- Assets
- $953.3m
- Revenue
- $136.7m
- Investments
- $67.6m
- Employees
- 1,655
- Location
- Chicago, IL
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 36-2170153
Organization Overview
Misericordia Home is located in Chicago, IL. The organization was established in 1946. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 06/2022, Misericordia Home employed 1,655 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Misericordia Home 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 06/2021, Misericordia Home generated $136.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $87.9m during the year ending 06/2021. While expenses have increased by 4.2% 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
RESIDENTIAL AND VOCATIONAL SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN CHICAGO IN 1921 MISERICORDIA PROVIDES A NETWORK OF SERVICES AND A CONTINUUM OF CARE FOR 600 CHILDREN AND ADULTS FROM DIVERSE RACIAL RELIGIOUS AND SOCIOECONOMIC BACKGROUNDS WITH DISABILITIES RANGING FROM MILD OR MODERATE TO SEVERE AND PROFOUND.EACH RESIDENT HAS AN INDIVIDUALLY DESIGNED PROGRAM DEVELOPED TO MEET HIS/HER UNIQUE NEEDS WITH AN OVERALL GOAL OF LIVING AS INDEPENDENT AND MEANINGFUL A LIFE AS POSSIBLE. MISERICORDIA PROVIDES:-RESIDENTIAL AND DAY TO DAY SUPPORT FROM 24-HOUR SKILLED NURSING CARE TO INDEPENDENT LIVING IN ONE OF THIRTEEN HOMES IN THE COMMUNITY;-COMPREHENSIVE LEARNING PROGRAMS JOB TRAINING AND WORK OPPORTUNITIES TO MEET EACH PERSON'S UNIQUE ABILITIES FROM A PERSON WITH SEVERE DISABILITIES MIXING SOIL IN THE GREENHOUSE TO AN ADULT WITH MILD DISABILITIES WORKING AT A LOCAL COMPANY;-PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES, PROVIDED IN TWO STATE OF THE ART THERAPY CENTERS;-FITNESS TRAINING AND HEALTHY LIVING GUIDANCE, OFFERED IN A SPACIOUS AQUATIC AND FITNESS CENTER;-SOCIAL AND RECREATIONAL ACTIVITIES ON CAMPUS AS WELL AS OUTINGS IN THE CHICAGOLAND AREA;-OPPORTUNITIES FOR SPIRITUAL GROWTH, INCLUDING REGULAR SERVICES FOR PERSONS OF THE CATHOLIC AND JEWISH FAITHS AS WELL AS NON-DENOMINATIONAL OPPORTUNITIES;-VOLUNTEER OPPORTUNITIES AT LOCAL NON-PROFIT ORGANIZATIONS GIVE THOSE RESIDENTS WHO ARE CAPABLE A CHANCE TO SHARE THEIR GIFTS WITH OTHERS. ALL OF THIS IS POSSIBLE BECAUSE THOUSANDS OF GOOD PEOPLE SHARE MISERICORDIA'S BELIEF THAT PERSONS WITH DISABILITIES ARE ENTITLED TO THE BEST LIVES POSSIBLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Connelly Corp Secretary & CFO | Officer | 40 | $203,771 |
Mary Pat O'brien Asst. Exec Director | 40 | $202,148 | |
Lois Gates Asst. Exec Dir (end 12/21) | 40 | $196,858 | |
Denise Tigges Administrator | 40 | $180,326 | |
Scott Thompson Cio | 40 | $155,106 | |
Chris Krackenberger Administrator | 40 | $153,406 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hkm Architects & Planners Architecture Services | 6/29/22 | $595,832 |
Walsh Construction Of Illinois Construction Management | 6/29/22 | $5,382,094 |
Fiduciary Managment Investment Services | 6/29/22 | $472,623 |
Midwest Mechanical Services Mechanical Services | 6/29/22 | $639,938 |
Forest Security Security Services | 6/29/22 | $414,474 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,312,619 |
| Investment income | $21,142,479 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,508,507 |
| Net Income from Fundraising Events | $225,678 |
| Net Income from Gaming Activities | $562,511 |
| Net Income from Sales of Inventory | $174,693 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $136,708,430 |
| Statement of Expenses | |
|---|---|
| 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. | $486,939 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $50,565,317 |
| Pension plan accruals and contributions | $2,525,862 |
| Other employee benefits | $7,866,904 |
| Payroll taxes | $3,654,607 |
| Fees for services: Management | $774,311 |
| Fees for services: Legal | $57,500 |
| Fees for services: Accounting | $128,672 |
| Fees for services: Lobbying | $2,317 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,187,313 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,035,973 |
| Information technology | $413,300 |
| Royalties | $0 |
| Occupancy | $4,098,477 |
| Travel | $192 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20,351 |
| Interest | $24,566 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,939,117 |
| Insurance | $514,087 |
| All other expenses | $0 |
| Total functional expenses | $87,933,310 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $16,476,115 |
| Pledges and grants receivable | $3,910,469 |
| Accounts receivable, net | $6,404,986 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $390,302 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $757,587,541 |
| Investments—other securities | $67,573,612 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,370,743 |
| Total assets | $953,257,404 |
| Accounts payable and accrued expenses | $9,507,907 |
| Grants payable | $0 |
| Deferred revenue | $320,740 |
| 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 | $4,309,056 |
| Total liabilities | $14,137,703 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $939,119,701 |
Grants Awarded
Over the last fiscal year, Misericordia Home has awarded $1,063,763 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: GENERAL SUPPORT | $513,763 |
Chicago, IL PURPOSE: GENERAL SUPPORT | $275,000 |
Chicago, IL PURPOSE: GENERAL SUPPORT | $250,000 |
Chicago, IL PURPOSE: GENERAL SUPPORT | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Misericordia Home has recieved totaling $76,950.
| Awarding Organization | Amount |
|---|---|
Jacqueline K Shay Charitable Foundation Chicago, IL PURPOSE: CHARITABLE | $30,000 |
Laborers District Council & Vicinity Charitable Foundation Inc Burr Ridge, IL PURPOSE: CHARITABLE DONATION | $25,000 |
Peggy And Steve Fossett Foundation Homer Glen, IL PURPOSE: GENERAL PURPOSE | $10,000 |
Gilbert Foundation Indian Head Park, IL PURPOSE: UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES | $3,500 |
Allyn Foundation Incorporated A Delaware Corp Hinsdale, IL PURPOSE: DISABILITY SERVICES | $3,000 |
Benjamin And Bettina Van Cleave Charitable Foundation Chicago, IL PURPOSE: CHARITABLE | $2,000 |
Endowment Analysis
| Beg. Balance | $767,363,030 |
| Earnings | -$68,618,244 |
| Net Contributions | $5,035,000 |
| Other Expense | $2,956,651 |
| Ending Balance | $700,823,135 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Misericordia Home Chicago, IL | $953,257,404 | $136,708,430 |
Easter Seals Midwest Saint Louis, MO | $59,591,564 | $87,505,864 |
Damar Services Inc Indianapolis, IN | $55,415,839 | $82,679,779 |
Arc Of The Ozarks Springfield, MO | $28,895,531 | $66,576,030 |
Clearbrook Arlington Heights, IL | $36,957,578 | $59,950,645 |
United Cerebral Palsy Seguin Of Greater Chicago Cicero, IL | $32,660,906 | $46,527,213 |
Envision Unlimited Chicago, IL | $25,420,820 | $44,628,110 |
Community Living Options Inc Galesburg, IL | $134,278,097 | $37,185,624 |
Association For Individual Development Aurora, IL | $21,039,653 | $39,395,517 |
The Whole Person Inc Kansas City, MO | $13,109,410 | $33,207,318 |
Milestone Inc Loves Park, IL | $23,166,616 | $34,095,532 |
The Arc Of Northeast Indiana Inc Fort Wayne, IN | $28,082,191 | $36,152,112 |