Illinois Presbyterian Home is located in Springfield, IL. The organization was established in 1972. 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 12/2023, Illinois Presbyterian Home employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Illinois Presbyterian Home 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 12/2023, Illinois Presbyterian Home generated $3.6m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $3.7m during the year ending 12/2023. 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
HOUSING FOR THE ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING AND RESIDENT CARE FOR THE ELDERLY. PROVIDED APPROXIMATELY 8,500 DAYS OF INFIRMARY CARE, 19,800 DAYS OF SHELTERED CARE AND 7,000 DAYS OF APARTMENT HOUSING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Maryann Walker Executive Di | Officer | 40 | $100,000 |
Dr Rebecca Blair Director | Trustee | $0 | |
Susan Bryant Secretary | OfficerTrustee | $0 | |
Rev Christian Choi Director | Trustee | $0 | |
Dr Eli Goodman Director | Trustee | $0 | |
Rev Charles Goodman Director | Trustee | $0 |
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 | $104,278 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $104,278 |
Total Program Service Revenue | $3,393,796 |
Investment income | $43,769 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $94,749 |
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 | $3,639,044 |
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. | $100,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,475,600 |
Pension plan accruals and contributions | $10,641 |
Other employee benefits | $105,740 |
Payroll taxes | $134,152 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,760 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $7,526 |
Fees for services: Other | $0 |
Advertising and promotion | $13,493 |
Office expenses | $55,347 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $448,104 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $215,013 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $525,438 |
Insurance | $133,889 |
All other expenses | $19,889 |
Total functional expenses | $3,693,651 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $335,511 |
Savings and temporary cash investments | $303,522 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $11,388,057 |
Investments—publicly traded securities | $662,862 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $12,689,952 |
Accounts payable and accrued expenses | $257 |
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 | $4,812,346 |
Unsecured mortgages and notes payable | $660,315 |
Other liabilities | $0 |
Total liabilities | $5,472,918 |
Net assets without donor restrictions | $7,217,034 |
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 | $12,689,952 |