Rest Haven Illiana Christian Convalescent Home
- Assets
- $89.1m
- Revenue
- $64.9m
- Investments
- $0.0
- Employees
- 1,128
- Location
- Tinley Park, IL
- Founding
- 06/1960
- Data as of
- 12/2020
- EIN
- 36-2382853
Organization Overview
Rest Haven Illiana Christian Convalescent Home, operating under the name Providence Life Services, is located in Tinley Park, IL. The organization was established in 1960. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2021, Providence Life Services employed 1,128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Providence Life Services 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 12/2020, Providence Life Services generated $64.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $67.1m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
REST HAVEN'S PURPOSE IS TO PROVIDE SERVICES FOR THE AGED INCLUDING SKILLED NURSING AND REHAB SERVICES, HOME HEALTH CARE, TOWN HOME LIVING, INDEPENDENT AND ASSISTED LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE PROPER CARE FOR THE SICK AND ELDERLY. 805 BEDS/UNITS WITH OCCUPANCY OVER 77% ON THE FULL CONTINUUM OF CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rich Schutt Director & CEO | OfficerTrustee | 40 | $608,196 |
William Deyoung COO | Officer | 40 | $421,351 |
Barry Vandergenugten CFO | Officer | 40 | $338,815 |
Susan Enright VP Home & Community Based Services | 40 | $209,274 | |
Megan Tengerstrom VP Of Operations | 40 | $182,370 | |
Johanna Zandstra VP Of Operations | 40 | $174,754 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Symbria Rehab Therapy | 12/30/21 | $3,460,703 |
Provinet Solutions It Services | 12/30/21 | $1,940,577 |
Gordon Food Service Dining Services | 12/30/21 | $1,713,962 |
Symbria Rx Services Pharmacy | 12/30/21 | $1,110,412 |
Medline Industries Medical Supplies | 12/30/21 | $1,033,697 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,887,369 |
| Investment income | $483,540 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,342,902 |
| Net Income from Fundraising Events | -$16,391 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $64,902,074 |
| 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. | $1,340,081 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,646,220 |
| Pension plan accruals and contributions | $500,736 |
| Other employee benefits | $2,620,708 |
| Payroll taxes | $2,218,345 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $475,693 |
| Fees for services: Accounting | $17,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,519,612 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,468,616 |
| Royalties | $0 |
| Occupancy | $1,713,668 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,231,999 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,832,016 |
| Insurance | $1,592,986 |
| All other expenses | $0 |
| Total functional expenses | $67,055,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,244,947 |
| Savings and temporary cash investments | $313,325 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,598,397 |
| 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 | $1,151,791 |
| Investments—publicly traded securities | $19,718,386 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $12,804,409 |
| Total assets | $89,097,338 |
| Accounts payable and accrued expenses | $10,046,188 |
| Grants payable | $0 |
| Deferred revenue | $487,814 |
| 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 | $48,260,074 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,015,709 |
| Total liabilities | $68,809,785 |
| 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 | $20,287,553 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Rest Haven Illiana Christian Convalescent Home has recieved totaling $51,115.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: HEALTH, GENERAL | $30,000 |
American Endowment Foundation Hudson, OH PURPOSE: PROVIDENCE LIFE SERVICES | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $6,000 |
John And Phyllis Groot Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $115 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ascension Living Bethlehem Woods Village St Louis, MO | $54,923,098 | $70,603,895 |
Rest Haven Illiana Christian Convalescent Home Tinley Park, IL | $89,097,338 | $64,902,074 |
Citizens Memorial Health Care Foundation Bolivar, MO | $45,218,977 | $63,247,284 |
Ascension Michigan Cmg St Louis, MO | $10,296,135 | $49,102,663 |
Bethesda Long Term Care Inc St Louis, MO | $61,164,515 | $49,946,296 |
Ranken-Jordan Home For Convalescent Crippled Children Maryland Heights, MO | $140,456,097 | $69,165,620 |
Ascension Living Franciscan Place St Louis, MO | $14,918,135 | $36,267,492 |
Willow Health Care Inc Willow Springs, MO | $35,651,940 | $30,612,109 |
The Lutheran Home Inc Wauwatosa, WI | $32,526,623 | $29,348,190 |
Grace Lutheran Foundation Inc Eau Claire, WI | $34,935,456 | $25,987,857 |
Westminster Village North Inc Indianapolis, IN | $65,231,339 | $24,703,425 |
Lutheran Hillside Village Inc St Louis, MO | $68,145,212 | $21,651,382 |