Evangelical Retirement Homes of Greater Chicago
Also known as Friendship Village of Schaumburg
Evangelical Retirement Homes of Greater Chicago reported $50.4 million in revenue and $64.3 million in expenses for the fiscal year ending March 31, 2023. Of every $100 it spent, $80.35 went to program services, $19.65 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: 100.7% of the total. The highest compensation it reported for one person was $321,916 (CEO). Revenue fell 12% between FY2020 and FY2023. Source: Form 990, FY2023.
Where $100 of spending went
The fiscal year ending March 31, 2023 · Form 990, Part IX, line 25 · total expenses $64MFor 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
The fiscal year ending March 31, 2023 · Form 990, Part VIII · total revenue $50MInvestment income was negative: −$364K. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | FY2023 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.4% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.6% | 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 | 0.0% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 100.7% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $321,916 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.50% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 0 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -23.4 | 6.9 |
| Independent voting board members Part VI 1a–1b | 6 of 6 | 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
FY2023 · Form 990, Part III · the three largest programs by expenseEvangelical Retirement Homes of greater chicago dba: friendship village of schaumburg is a life plan community providing living arrangements and services to seniors. Campus wide services include dining, activities, maintenance, housekeeping, wellness programs, supportive services, and 24 hour security. The independent living area (527 residences) offers a variety of private living arrangements, a fitness center, and other amenities. The campus also has 28 garden homes, 85 assisted living apartments, 24 memory support units, and a 199 bed skilled health care facility
Highest reported compensation
FY2023 · 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 |
|---|---|---|---|---|
| CEO Officer, 16.00 hrs/week | $0 | $297,935 | $23,981 | $321,916 |
| DIRECTOR OF NURSING Highest compensated employee, 1.00 hrs/week | $0 | $156,210 | $8,418 | $164,628 |
| SALES MANAGER Highest compensated employee, 1.00 hrs/week | $0 | $146,204 | $15,871 | $162,075 |
| DIR RES SUPPORT SERVICES Highest compensated employee, 1.00 hrs/week | $0 | $130,148 | $11,213 | $141,361 |
| DIRECTOR AL AND LIFE SERVICES Highest compensated employee, 1.00 hrs/week | $0 | $116,599 | $20,540 | $137,139 |
| SUPERVISOR Highest compensated employee, 1.00 hrs/week | $0 | $124,841 | $9,056 | $133,897 |
| CHAIR & SECRETARY Director/trustee, officer, 0.20 hrs/week | $750 | $1,200 | $0 | $1,950 |
| DIRECTOR Director/trustee, officer, 0.20 hrs/week | $750 | $1,200 | $0 | $1,950 |
0 people received more than $100,000 in reportable compensation from Evangelical Retirement Homes of Greater Chicago (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1,800 (Part IX, line 5).
4 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2023 · 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–1b6 · 6 independent
- Audited financial statements Part XII 2bNo
- 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 15aYes
- 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 50
- Volunteers Part I, line 6180
Correct a figure or respond
Every number above is copied from Evangelical Retirement Homes of Greater Chicago's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Evangelical Retirement Homes of Greater Chicago, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Evangelical Retirement Homes of Greater Chicago spent in FY2023, $80.35 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Evangelical Retirement Homes of Greater Chicago's spending goes to programs?
In the fiscal year ending March 31, 2023, Evangelical Retirement Homes of Greater Chicago reported that 80.4% of its $64.3 million in expenses went to program services, 19.6% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Evangelical Retirement Homes of Greater Chicago pay its top executive?
The largest total compensation Evangelical Retirement Homes of Greater Chicago reported for one person in the fiscal year ending March 31, 2023 was $321,916, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Evangelical Retirement Homes of Greater Chicago get its money?
Of $50.4 million in revenue in the fiscal year ending March 31, 2023, 0.0% came from contributions and grants and 100.7% from program service revenue (Form 990, Part VIII).
Is Evangelical Retirement Homes of Greater Chicago a registered charity?
The IRS lists EIN 36-2815382 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. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202430409349300638 · read the filing · XML
- FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202340459349302234 · read the filing
- FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202220459349301617 · read the filing
- FY2020: Form 990 for the fiscal year ending March 31, 2020, object 202100159349301540 · read the filing
All filings for EIN 36-2815382: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.