Riverside Foundation
- Assets
- $3.0m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 176
- Location
- Licolnshire, IL
- Founding
- 01/1978
- Data as of
- 06/2021
- EIN
- 36-2880335
Organization Overview
Riverside Foundation is located in Licolnshire, IL. The organization was established in 1978. 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 06/2021, Riverside Foundation employed 176 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Riverside Foundation 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, Riverside Foundation generated $9.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $7.9m during the year ending 06/2021. While expenses have increased by 1.7% per year over the past 6 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
TO PROVIDE CARE AND HOUSING FOR DEVELOPMENTALLY DISABLED ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES DAY AND RESIDENTIAL PROGRAMS TO CLIENTS AND HEALTH SERVICES TO CLIENTS. ADMINISTRATIVE SUPPORT IS ALSO PROVIDED FOR RESIDENTIAL AND PROGRAM ACTIVITIES.
THE FOUNDATION PROVIDES DAY AND RESIDENTIAL PROGRAMS TO CLIENTS AND HEALTH SERVICES TO CLIENTS. ADMINISTRATIVE SUPPORT IS ALSO PROVIDED FOR RESIDENTIAL AND PROGRAM ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Ingrum Executive Director | Officer | 50 | $136,036 |
Gloria Vanhof Director | 40 | $114,257 | |
Chris Kiah President | OfficerTrustee | 4 | $0 |
Peter Baker Director | OfficerTrustee | 4 | $0 |
Bettye D Traylor Secretary | OfficerTrustee | 4 | $0 |
Stuart Boldry Treasurer | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Assured Healthcare Llc Medical Payments | 6/29/20 | $141,512 |
Cherybel International Inc Medical Payments | 6/29/20 | $117,154 |
Favorite Healthcare Staffing Inc Medical Payments | 6/29/20 | $211,679 |
Assured Healthcare Llc Medical Payments | 6/29/20 | $141,512 |
Cherybel International Inc Medical Payments | 6/29/20 | $117,154 |
Favorite Healthcare Staffing Inc Medical Payments | 6/29/20 | $211,679 |
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 | $996,437 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $996,437 |
| Total Program Service Revenue | $7,187,823 |
| Investment income | $3,666 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,392,747 |
| 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. | $286,738 |
| Compensation of current officers, directors, key employees. | $45,878 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,588,487 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $348,310 |
| Payroll taxes | $368,851 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $51,466 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $56,649 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $353,421 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,248 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $151,542 |
| Insurance | $257,894 |
| All other expenses | $126,779 |
| Total functional expenses | $7,869,126 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,458,434 |
| Savings and temporary cash investments | $25,701 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $522,825 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,000 |
| Prepaid expenses and deferred charges | $7,921 |
| Net Land, buildings, and equipment | $985,089 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $45,398 |
| Total assets | $3,047,368 |
| Accounts payable and accrued expenses | $454,377 |
| 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 | $214,805 |
| Total liabilities | $669,182 |
| Net assets without donor restrictions | $2,358,436 |
| Net assets with donor restrictions | $19,750 |
| 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 | $3,047,368 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Riverside Foundation has recieved totaling $185,983.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $105,400 |
Helen W Bell Charitable Foundation U A D July 22 1982 Naples, FL PURPOSE: GENERAL PURPOSE | $50,000 |
Coleman Foundation Inc Chicago, IL PURPOSE: INTELLECTUAL & DEVELOPMENTAL DISABILITIES - GENERAL OPERATING SUPPORT | $11,550 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,933 |
Amg Charitable Gift Foundation Greenwood Village, CO PURPOSE: PUBLIC ASSISTANCE | $5,000 |
Florence And Laurence Spungenfamily Foundation Lincolnshire, IL PURPOSE: QUALITY SERVICES AND SUPPORTS TO ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Martin Health Center Inc Cedar Falls, IA | $21,811,733 | $19,618,814 |
Bishop Spencer Place Inc Kansas City, MO | $31,543,334 | $13,908,229 |
Evergreen Retirement Community Inc Oshkosh, WI | $46,606,171 | $19,424,837 |
Bethesda Health Group Inc St Louis, MO | $17,800,638 | $4,853,543 |
Central Baptist Home For The Aged Norridge, IL | $67,571,437 | $21,182,649 |
Presbyterian Homes And Services Of Ky Inc Louisville, KY | $21,197,492 | $21,992,512 |
Good Samaritan Home Of Quincy Quincy, IL | $32,676,656 | $19,097,575 |
Meth-Wick Community Cedar Rapids, IA | $36,346,966 | $18,595,855 |
Covenant Home Illinois Northbrook, IL | $166,475,205 | $19,986,763 |
Meridian Village Association St Louis, MO | $41,915,755 | $18,412,695 |
Swiss Village Inc Berne, IN | $36,821,357 | $17,319,920 |