Sunnymere Inc
- Assets
- $7.1m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 47
- Location
- Aurora, IL
- Founding
- 03/1974
- Data as of
- 05/2024
- EIN
- 36-2235177
Organization Overview
Sunnymere Inc is located in Aurora, IL. The organization was established in 1974. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 05/2024, Sunnymere Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sunnymere 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 05/2024, Sunnymere Inc generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.4%) each year. All expenses for the organization totaled $1.4m during the year ending 05/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
SUNNYMERE IS A NON-PROFIT ORGANIZATION WHICH STRIVES TO PROVIDE GRACIOUS LIVING ACCOMODATIONS FOR SENIOR CITIZENS, BASED ON A BELIEF THAT HUMAN DIGNITY IS PARAMOUNT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARE AND DIETARY CONCERNS OF ELDERLY RESIDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Isiminger Executive Di | OfficerTrustee | 50 | $103,386 |
Pat Beebee Director | Trustee | 1.5 | $0 |
Diane Homean Director | Trustee | 1.5 | $0 |
Richard Irvin Director | Trustee | 1.5 | $0 |
Brad Johnson Director | Trustee | 1.5 | $0 |
Morgan Michele Director | Trustee | 1.5 | $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 | $71,520 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,520 |
| Total Program Service Revenue | $887,610 |
| Investment income | $166,003 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $138,549 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,263,682 |
| 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. | $103,386 |
| Compensation of current officers, directors, key employees. | $103,386 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $704,487 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,137 |
| Payroll taxes | $69,367 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15 |
| Fees for services: Accounting | $13,090 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,138 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,744 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $882 |
| 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 | $81,268 |
| Insurance | $91,810 |
| All other expenses | $42,121 |
| Total functional expenses | $1,417,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $656 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $1,449 |
| 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 | $11,955 |
| Net Land, buildings, and equipment | $1,475,166 |
| Investments—publicly traded securities | $5,548,831 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,053,057 |
| Accounts payable and accrued expenses | $95,886 |
| 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 | $0 |
| Total liabilities | $95,886 |
| Net assets without donor restrictions | $6,755,632 |
| Net assets with donor restrictions | $201,539 |
| 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 | $7,053,057 |