Clark Retirement Community
Clark Retirement Community reported $24.0 million in revenue and $27.8 million in expenses for calendar year 2024. Of every $100 it spent, $88.55 went to program services, $11.45 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: 94.0% of the total. The highest compensation it reported for one person was $577,306 (DIRECTOR & CEO). 4 people received more than $100,000 in reportable compensation. Revenue rose 7% between FY2020 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $28MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 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 $24MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 88.6% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 11.4% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 1.4% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.6% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 94.0% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $577,306 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.07% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 4 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -0.5 | 10.0 |
| Independent voting board members Part VI 1a–1b | 2 of 5 | 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 expenseHighest 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 |
|---|---|---|---|---|
| DIRECTOR & CEO Director/trustee, officer, 2.00 hrs/week | $0 | $516,969 | $60,337 | $577,306 |
| DIRECTOR & SVP/CFO Director/trustee, officer, 2.00 hrs/week | $0 | $392,089 | $54,040 | $446,129 |
| SECRETARY Officer, 2.00 hrs/week | $0 | $242,764 | $16,968 | $259,732 |
| DIRECTOR & PRESIDENT Director/trustee, officer, 40.00 hrs/week | $0 | $220,365 | $17,690 | $238,055 |
| VP OF DEVELOPMENT Highest compensated employee, 40.00 hrs/week | $132,174 | $0 | $14,669 | $146,843 |
| EXECUTIVE DIRECTOR Highest compensated employee, 40.00 hrs/week | $128,551 | $0 | $16,747 | $145,298 |
| VP OF SALES, MARKETING & COMM. Highest compensated employee, 40.00 hrs/week | $132,633 | $0 | $6,553 | $139,186 |
| DIRECTOR OF CLINICAL SERVICES Highest compensated employee, 40.00 hrs/week | $128,510 | $0 | $7,291 | $135,801 |
4 people received more than $100,000 in reportable compensation from Clark Retirement Community (Part VII, line 2).
6 filings since FY2020
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–1b5 · 2 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 5252
- Volunteers Part I, line 628
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| MORRISON MANAGEMENT SPECIALISTS Dining services | $5,372,406 |
| HURST MECHANICAL Hvac services | $363,331 |
| TENDER LAWN CARE Lawn care | $311,158 |
| PROSOURCE Building improvements | $217,009 |
| HTS IN XII Therapy services | $165,559 |
Individuals listed as contractors are left out. 8 contractors were paid more than $100,000 in all.
Private foundation grants it received
1 private foundation reported grants to Clark Retirement Community totaling $48 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Clark Retirement Community's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Clark Retirement Community, you can publish a response that is linked from this page.
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Of every $100 Clark Retirement Community spent in 2024, $88.55 went to programs. The full breakdown, from its IRS Form 990:
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All housing & shelter charities · Largest charities in Michigan
Questions people ask
How much of Clark Retirement Community's spending goes to programs?
In calendar year 2024, Clark Retirement Community reported that 88.6% of its $27.8 million in expenses went to program services, 11.4% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Clark Retirement Community pay its top executive?
The largest total compensation Clark Retirement Community reported for one person in calendar year 2024 was $577,306, for the role of DIRECTOR & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Clark Retirement Community get its money?
Of $24.0 million in revenue in calendar year 2024, 1.4% came from contributions and grants (including 0.6% from government grants) and 94.0% from program service revenue (Form 990, Part VIII).
Is Clark Retirement Community a registered charity?
The IRS lists EIN 38-1366932 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 202523149349305112 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202413099349303111 · read the filing
- FY2022 (8 mo.): Form 990 for the 8-month short period ending December 31, 2022, object 202333179349305173 · read the filing
- FY2022: Form 990 for the fiscal year ending April 30, 2022, object 202340739349301129 · read the filing
- FY2021: Form 990 for the fiscal year ending April 30, 2021, object 202230679349301703 · read the filing
- FY2020: Form 990 for the fiscal year ending April 30, 2020, object 202130749349301608 · read the filing
All filings for EIN 38-1366932: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.