Goedert Senior Housing Corporation
- Assets
- $8.5m
- Revenue
- $950.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 36-4526043
Organization Overview
Goedert Senior Housing Corporation is located in Chicago, IL. The organization was established in 1946. 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. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Goedert Senior Housing Corporation 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, Goedert Senior Housing Corporation generated $950.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $1.2m during the year ending 06/2021. While expenses have increased by 3.9% 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
GOEDERT SENIOR HOUSING CORPORATION PROVIDES HOUSING AND SERVICES FOR THE ELDERLY, TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHO-SOCIAL NEEDS. THE BISHOP GOEDERT RESIDENCE HOUSES APPROXIMATELY 70 RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOEDERT SENIOR HOUSING CORPORATION PROVIDES HOUSING AND SERVICES FOR THE ELDERLY, TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHO-SOCIAL NEEDS. THE BISHOP GOEDERT RESIDENCE HOUSES APPROXIMATELY 70 RESIDENTS.
GOEDERT SENIOR HOUSING CORPORATION PROVIDES HOUSING AND SERVICES FOR THE ELDERLY, TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHO-SOCIAL NEEDS. THE BISHOP GOEDERT RESIDENCE HOUSES APPROXIMATELY 70 RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Donahue Chairman | OfficerTrustee | 1 | $0 |
Karen O'mara Secretary | OfficerTrustee | 1 | $0 |
Elida Hernandez Treasurer | OfficerTrustee | 1 | $0 |
James Cunnea Vice President | OfficerTrustee | 1 | $0 |
Mary Ann Bibat Director | Trustee | 1 | $0 |
Antwaun Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,850 |
| Total Program Service Revenue | $918,205 |
| Investment income | $236 |
| 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 | $950,306 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,092 |
| Pension plan accruals and contributions | $16,857 |
| Other employee benefits | $30,267 |
| Payroll taxes | $15,177 |
| Fees for services: Management | $160,347 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,024 |
| 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 | $15,710 |
| Information technology | $5,181 |
| Royalties | $0 |
| Occupancy | $535,653 |
| Travel | $30,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,845 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $188,178 |
| Insurance | $14,416 |
| All other expenses | $0 |
| Total functional expenses | $1,207,446 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,883 |
| Savings and temporary cash investments | $446,215 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,200 |
| 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 | $5,941 |
| Net Land, buildings, and equipment | $8,014,914 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,899 |
| Total assets | $8,510,052 |
| Accounts payable and accrued expenses | $503,143 |
| 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 | $786,538 |
| Total liabilities | $1,289,681 |
| Net assets without donor restrictions | $7,220,371 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,510,052 |
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