Bohemian Home For The Aged
- Assets
- $35.0m
- Revenue
- $7.9m
- Investments
- $193.6k
- Employees
- 35
- Location
- Naperville, IL
- Founding
- 07/1938
- Data as of
- 09/2023
- EIN
- 36-2181959
Organization Overview
Bohemian Home For The Aged is located in Naperville, IL. The organization was established in 1938. 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 09/2023, Bohemian Home For The Aged employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bohemian Home For The Aged 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 09/2023, Bohemian Home For The Aged generated $7.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $5.9m during the year ending 09/2023. While expenses have increased by 2.0% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
BOHEMIAN HOME FOR THE AGED PROVIDES AN EXTENSIVE RANGE OF SERVICES AND PROGRAMS WHICH ENHANCE THE WELL-BEING OF RESIDENTS LIVING IN OUR COMMUNITY. BOHEMIAN HOME FOR THE AGED'S PRIORITY IS MEETING THE NEEDS OF ITS RESIDENTS USING RESOURCES IN A FISCALLY RESPONSIBLE MANNER INSURING THE FINANCIAL STABILITY OF THE CORPORATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTIVE LIVING: BOHEMIAN HOME FOR THE AGED OPERATES A 95-UNIT SUPPORTIVE LIVING COMMUNITY FOR RESIDENTS WHO NEED MORE ASSISTANCE THAN AN INDEPENDENT LIVING COMMUNITY CAN PROVIDE, BUT DO NOT NEED A SKILLED NURSING FACILITY. THE SUPPORTIVE LIVING COMMUNITY PROVIDES STUDIO, ONE AND TWO BEDROOM UNITS, MEALS, ON-SITE EMERGENCY SERVICES, PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY SERVICES OFFERED THROUGH OUR THERAPY DEPARTMENT MANAGED BY SYMBRIA, MEDICATION REMINDERS, HOUSEKEEPING, PLANNED ACTIVITIES AND PROGRAMS, AND OTHER RELATED SERVICES TO THE RESIDENTS.
INDEPENDENT LIVING: BOHEMIAN HOME FOR THE AGED OPERATES A 104-UNIT INDEPENDENT LIVING COMMUNITY WHERE RESIDENTS LIVE INDEPENDENTLY IN TOWNHOMES AND DO NOT NEED THE ADDITIONAL ASSISTANCE OF A SUPPORTIVE LIVING COMMUNITY. SERVICES INCLUDE LANDSCAPING AND GROUNDS MAINTENANCE, SNOW AND TRASH REMOVAL, EMERGENCY RESPONSE SYSTEMS, EXERCISE PROGRAMS, PLANNED ACTIVITIES, MEAL DELIVERY AND OTHER RELATED SERVICES FOR THE RESIDENTS. APPROXIMATELY 20% OF THE INDEPENDENT LIVING RESIDENTS MOVED TO THE NEXT LEVEL OF CARE AT THE SUPPORTIVE LIVING COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frances Salinas Former CEO | Officer | 40 | $0 |
Anthony Harvat CEO | OfficerTrustee | 40 | $0 |
Kerry Johnson Director Of Health Services | 40 | $101,156 | |
Robert Peiler Vice President | OfficerTrustee | 1 | $0 |
John Larson Director | Trustee | 1 | $0 |
Judy Mayer Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $35,616 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,255,696 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,291,312 |
| Total Program Service Revenue | $6,110,796 |
| Investment income | $207,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $264,829 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,874,311 |
| 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. | $75,045 |
| Compensation of current officers, directors, key employees. | $75,045 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,017,141 |
| Pension plan accruals and contributions | $46,526 |
| Other employee benefits | $197,782 |
| Payroll taxes | $126,962 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $59,808 |
| Fees for services: Accounting | $40,112 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $57,906 |
| Fees for services: Other | $102,980 |
| Advertising and promotion | $16,562 |
| Office expenses | $13,192 |
| Information technology | $50,903 |
| Royalties | $0 |
| Occupancy | $493,612 |
| Travel | $7,462 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $214,814 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,087,779 |
| Insurance | $419,360 |
| All other expenses | $47,110 |
| Total functional expenses | $5,864,815 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $612,436 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $383,045 |
| 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 | $171,730 |
| Net Land, buildings, and equipment | $23,737,374 |
| Investments—publicly traded securities | $7,307,555 |
| Investments—other securities | $193,606 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,634,314 |
| Total assets | $35,040,060 |
| Accounts payable and accrued expenses | $291,848 |
| Grants payable | $0 |
| Deferred revenue | $21,663,593 |
| Tax-exempt bond liabilities | $5,608,950 |
| 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 | $636,106 |
| Total liabilities | $28,200,497 |
| Net assets without donor restrictions | $4,191,042 |
| Net assets with donor restrictions | $2,648,521 |
| 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 | $35,040,060 |