Retirement Living
Also known as Marquette
Retirement Living reported $36.7 million in revenue and $37.3 million in expenses for calendar year 2024. Of every $100 it spent, $85.18 went to program services, $14.82 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 101.4% of the total. The highest compensation it reported for one person was $182,681 (FINANCIAL SERVICES DIRECTOR). 9 people received more than $100,000 in reportable compensation. Revenue rose 14% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $37MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $37M- Contributions & grants (non-government)$0.48 $180K
- Program service revenue$99.51 $37M
- Other revenue$0.01 $5,069
Investment income was negative: −$704K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.2% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 14.8% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.5% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 101.4% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $182,681 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.49% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 9 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.2 | 6.9 |
| Independent voting board members Part VI 1a–1b | 14 of 14 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHealth care center: Retirement Living, inc. Has 57 licensed beds in the health care center. The organization provides physical therapy, occupational therapy and an activity program to meet the needs of the residents. The health care center also features skilled and comprehensive care, 24-hour security, housekeeping and maintenance services. Retirement Living, inc. Provides the benefit of benevolent care to its residents, in which the organization will subsidize the cost of care for the remainder of the resident's life should a resident outlive their financial resources. In 2024, the residence…
Assisted living/memory care: Retirement Living, inc. Has 47 assisted living units. The organization provides three meals a day, plus snacks to the residents in the assisted living units. The organization also provides assistance with daily living activities, 24 hour security, housekeeping and maintenance services. In addition, the organization operates a 22 bed assisted living unit that provides services to individuals with dementia. This unit offers the same amenities as the other assisted living units, including assistance with daily living activities, 24 hour security, housekeeping and…
Independent living: Retirement Living, inc. Has 258 apartments and 44 cottages. The organization provides meals 7 days a week, housekeeping services twice a month, and maintenance as needed. The organization also provides security 24 hours a day. Retirement Living, inc. Has activity programs as well as opportunities for the residents to volunteer in the health care center, assisted living units, assisted living for dementia, and the gift shop
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FINANCIAL SERVICES DIRECTOR Highest compensated employee, 40.0 hrs/week | $163,093 | $0 | $19,588 | $182,681 |
| Residency Counselor Highest compensated employee, 40.0 hrs/week | $143,469 | $0 | $34,778 | $178,247 |
| Marketing Director Highest compensated employee, 40.0 hrs/week | $129,634 | $0 | $33,064 | $162,698 |
| Director of Nursing Highest compensated employee, 40.0 hrs/week | $118,992 | $0 | $33,013 | $152,005 |
| Food and Beverage Director Highest compensated employee, 40.0 hrs/week | $119,907 | $0 | $19,876 | $139,783 |
| Interim President Director/trustee, officer, 1.0 hrs/week | $9,000 | $0 | $0 | $9,000 |
| Director Director/trustee, 1.0 hrs/week | $7,400 | $0 | $0 | $7,400 |
| Treasurer Director/trustee, officer, 1.0 hrs/week | $7,000 | $0 | $0 | $7,000 |
9 people received more than $100,000 in reportable compensation from Retirement Living (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b14 · 14 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5433
- Volunteers Part I, line 6200
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| LCS Holding Company LLC Construction | $1,613,515 |
| Wagner-Meinert LLC Construction | $945,924 |
| Select Rehabilitation Inc Therapy Services | $941,464 |
| Electric Plus Inc Electrical Engineering | $806,751 |
| Alltech Renovations LLC Construction | $591,158 |
Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from Retirement Living's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Retirement Living, you can publish a response that is linked from this page.
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Of every $100 Retirement Living spent in 2024, $85.18 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Retirement Living's spending goes to programs?
In calendar year 2024, Retirement Living reported that 85.2% of its $37.3 million in expenses went to program services, 14.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Retirement Living pay its top executive?
The largest total compensation Retirement Living reported for one person in calendar year 2024 was $182,681, for the role of FINANCIAL SERVICES DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Retirement Living get its money?
Of $36.7 million in revenue in calendar year 2024, 0.5% came from contributions and grants and 101.4% from program service revenue (Form 990, Part VIII).
Is Retirement Living a registered charity?
The IRS lists EIN 35-1393773 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533159349306363 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202432569349300338 · read the filing
- 2022: Form 990 for calendar year 2022, object 202303179349305125 · read the filing
- 2021: Form 990 for calendar year 2021, object 202243149349307059 · read the filing
- 2020: Form 990 for calendar year 2020, object 202113199349308451 · read the filing
- 2019: Form 990 for calendar year 2019, object 202003159349302575 · read the filing
All filings for EIN 35-1393773: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.