Alexian Brothers Services Inc
- Assets
- $0.0
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington Heights, IL
- Founding
- 03/1946
- Data as of
- 06/2022
- EIN
- 43-1295333
Organization Overview
Alexian Brothers Services Inc, operating under the name Alexian Court, is located in Arlington Heights, IL. The organization was established in 1946. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Alexian Court 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 06/2022, Alexian Court generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $6.0m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ABS OPERATES A HUD HOUSING PROJECT KNOWN AS ALEXIAN COURT. (SEE SCHEDULE O)ALEXIAN COURT CARRIES OUT THE HEALING MISSION OF THE CATHOLIC CHURCH AS AN ALEXIAN BROTHERS MINISTRY BY IDENTIFYING AND DEVELOPING EFFECTIVE RESPONSES TO THE HEALTH AND HOUSING NEEDS OF THOSE WE ARE CALLED TO SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALEXIAN COURT IS A 109-UNIT APARTMENT BUILDING FOR LOW INCOME SENIOR CITIZENS. AS A H.U.D. SECTION 202 ELDERLY HOUSING FACILITY, ALEXIAN COURT UNITS ARE RENT SUBSIDIZED, ENABLING OLDER ADULTS TO LIVE IN CLEAN, SAFE SURROUNDINGS WHEN OTHERWISE THEIR INCOME LEVEL WOULD NOT PERMIT THEM ACCESS TO ADEQUATE HOUSING. IN ADDITION TO BASIC RESIDENTIAL SERVICES, RESIDENTS OF ALEXIAN COURT HAVE AVAILABLE TO THEM A VARIETY OF ENRICHING RECREATIONAL AND EDUCATIONAL PROGRAMS. ALEXIAN COURT ALSO SPONSORS MANY OTHER HEALTH PROMOTION PROGRAMS FOR THE COMMUNITY AS WELL AS THE RESIDENTS, INCLUDING SEMINARS ON ILLNESS AND DISEASE FOR SPECIFIC GROUPS, ALL OF WHICH ARE OFFERED AT NO CHARGE. IN ADDITION, THE FACILITY IS USED FOR NEIGHBORHOOD TOWN MEETINGS AS WELL AS A POLLING LOCATION. THAT ALEXIAN (SEE SCHEDULE O FOR CONTINUATION) COURT'S PRESENCE REPRESENTS A VITALLY NEEDED COMMUNITY SERVICE IS EVIDENT FROM THE FACT THAT IT WAS ALMOST FULLY OCCUPIED THROUGHOUT FISCAL YEAR 2021 AND 2022. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN 2020 & 2021. THE APARTMENT BUILDING WAS CLASSIFIED AS HELD FOR SALE AS OF MAY 31, 2021 AND SOLD DURING 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Stricker Chair | OfficerTrustee | 1 | $963,260 |
Deborah Valkenberg Secretary/treasurer | Trustee | 1 | $304,300 |
Ryan Endsley Director | Trustee | 1 | $413,933 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $479,327 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $479,327 |
| Total Program Service Revenue | $224,844 |
| Investment income | $60 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,882,943 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,600,291 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,353,870 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $35,714 |
| Fees for services: Legal | $7,043 |
| Fees for services: Accounting | $23,153 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,729 |
| Office expenses | $11,991 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $373,964 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $249 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $112,248 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,985,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |