Franciscan Communities Inc
- Assets
- $244.3m
- Revenue
- $132.6m
- Investments
- $0.0
- Employees
- 2,394
- Location
- Lemont, IL
- Founding
- 03/1946
- Data as of
- 06/2020
- EIN
- 35-1124441
Franciscan Communities Inc Overview
Franciscan Communities Inc is located in Lemont, IL. The organization was established in 1946. 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 06/2020, Franciscan Communities Inc employed 2,394 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes.
For the year ending 06/2020, Franciscan Communities Inc generated $132.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $114.3m during the year ending 06/2020. While expenses have increased by 0.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZED AND OPERATED EXCLUSIVELY FOR THE CHARITABLE AND RELIGIOUS PURPOSE TO SUPPORT THE MINISTRIES OF THE FRANCISCAN SISTERS OF CHICAGO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING HOME CARE: FRANCISCAN COMMUNITIES PROVIDES NURSING CARE SERVICES TO MEET THE PHYSICAL, SOCIAL, AND SPIRITUAL NEEDS OF THE RESIDENTS. SOME OF THE AMENITIES PROVIDED INCLUDE PERSONALIZED CARE PLANS, LICENSED NURSING STAFF, THREE MEALS DAILY, SNACKS, HOUSEKEEPING, MAINTENANCE, RELIGIOUS AND LIFE ENRICHMENT ACTIVITIES, AND SECURITY. THE AVERAGE DAILY CENSUS APPROXIMATED 453 IN FISCAL 2020.
INDEPENDENT LIVING: FRANCISCAN COMMUNITIES PROVIDES INDEPENDENT LIVING SERVICES TO ALLOW RESIDENTS TO ENJOY ACTIVE AND INDEPENDENT LIFESTYLES. THESE SERVICES ARE DESIGNED TO MEET THE PHYSICAL, SOCIAL AND SPIRITUAL NEEDS OF THE RESIDENTS. ACCOMMODATIONS INCLUDE GARDEN HOMES, VILLAS, AND APARTMENTS. SOME OF THE AMENITIES PROVIDED INCLUDE DINING, HOUSEKEEPING, MAINTENANCE, TRANSPORTATION, HEALTH AND FITNESS, RELIGIOUS AND LIFE ENRICHMENT ACTIVITIES, SECURITY, AND AN EMERGENCY RESPONSE SYSTEM. THE AVERAGE CENSUS IN INDEPENDENT LIVING APPROXIMATED 583 IN FISCAL 2020.
ASSISTED LIVING: FRANCISCAN COMMUNITIES PROVIDES ASSISTED LIVING SERVICES TO ALLOW RESIDENTS TO RECEIVE THE ASSISTANCE THEY NEED WHILE MAINTAINING AN ACTIVE LIFESTYLE. THESE SERVICES ARE DESIGNED TO MEET THE PHYSICAL, SOCIAL AND SPIRITUAL NEEDS OF THE RESIDENTS. ACCOMMODATIONS INCLUDE EFFICIENCIES, STUDIOS, AND ONE BEDROOM UNITS. SOME OF THE AMENITIES PROVIDED INCLUDE THREE MEALS DAILY, SNACKS, HOUSEKEEPING, MAINTENANCE, SECURITY, AND RELIGIOUS AND LIFE ENRICHMENT ACTIVITIES. IN ADDITION, STAFF IS AVAILABLE TO PROVIDE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING TO MEET EACH RESIDENT'S NEEDS. THE AVERAGE CENSUS IN ASSISTED LIVING APPROXIMATED 281 IN FISCAL 2020.
STATE OF INDIANA INTERGOVERNMENTAL TRANSFER PROGRAM, AND RENTAL AND MANAGEMENT SERVICE INCOME RELATED TO EXEMPT ORGANIZATIONS. EFFECTIVE MARCH 1, 2014, A LEASE AGREEMENT WAS ENTERED INTO WITH A COUNTY HOSPITAL, HANCOCK REGIONAL HOSPITAL, TO LEASE THE OPERATIONS OF THE NURSING FACILITY AND CERTAIN HOUSING SERVICES AT ST. ANTHONY TO THE HOSPITAL.
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Franciscan Communities Inc Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Assistant Secretary | Officer | 0.1 | $0 |
Franciscan Communities Inc Vendors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Franciscan Sisters Of Chicago Service Corporation Management Services | 6/29/20 | $7,101,114 |
Symbria Rehab Inc Therapy | 6/29/20 | $5,160,405 |
Chris Francis Builders Llc & Dave Fredecker Construction | 6/29/20 | $1,235,445 |
Synergy Construction Group Llc Construction | 6/29/20 | $1,181,714 |
Sbc-br Llc Construction | 6/29/20 | $494,198 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,123,372 |
| All other contributions, gifts, grants, and similar amounts not included above | $486,227 |
| Noncash contributions included in lines 1a–1f | $157,733 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,609,599 |
| Total Program Service Revenue | $109,493,117 |
| Investment income | $1,641,965 |
| Tax Exempt Bond Proceeds | $294,496 |
| Royalties | $0 |
| Net Rental Income | $20,641 |
| Net Gain/Loss on Asset Sales | $17,869,856 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $132,643,555 |
| 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. | $904,721 |
| Compensation of current officers, directors, key employees. | $633,305 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,403,069 |
| Pension plan accruals and contributions | $711,661 |
| Other employee benefits | $5,845,647 |
| Payroll taxes | $3,129,147 |
| Fees for services: Management | $7,086,510 |
| Fees for services: Legal | $44,022 |
| Fees for services: Accounting | $123,844 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $377,630 |
| Fees for services: Other | $13,776,596 |
| Advertising and promotion | $281,796 |
| Office expenses | $3,339,132 |
| Information technology | $49,346 |
| Royalties | $0 |
| Occupancy | $6,230,967 |
| Travel | $85,435 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,106 |
| Interest | $6,352,613 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,950,586 |
| Insurance | $2,434,903 |
| All other expenses | $2,772,937 |
| Total functional expenses | $114,265,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,775 |
| Savings and temporary cash investments | $7,749,099 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,811,030 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $640,883 |
| Prepaid expenses and deferred charges | $940,341 |
| Net Land, buildings, and equipment | $108,751,633 |
| Investments—publicly traded securities | $118,498,646 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $936,847 |
| Total assets | $244,340,254 |
| Accounts payable and accrued expenses | $12,342,532 |
| Grants payable | $0 |
| Deferred revenue | $58,143,684 |
| Tax-exempt bond liabilities | $146,084,881 |
| Escrow or custodial account liability | $24,440 |
| 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 | $6,408,376 |
| Total liabilities | $223,003,913 |
| Net assets without donor restrictions | $16,126,120 |
| Net assets with donor restrictions | $5,210,221 |
| 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 | $244,340,254 |
Franciscan Communities Inc Grants Recieved
Over the last fiscal year, we have identified 1 grants that Franciscan Communities Inc has recieved totaling $7,492.
| Awarding Organization | Amount |
|---|---|
Crown Point Community Foundation Inc Crown Point, IN PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,492 |
Endowment Analysis
| Beg. Balance | $400,000 |
| Other Expense | $400,000 |
Franciscan Communities Inc Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifespace Communities Inc West Des Moines, IA | $1,074,258,846 | $248,211,607 |
Lutheran Senior Services St Louis, MO | $599,827,596 | $181,126,039 |
Ascension Michigan St Louis, MO | $22,551,369 | $142,660,673 |
Franciscan Communities Inc Lemont, IL | $244,340,254 | $132,643,555 |
Wesley Retirement Services Inc Johnston, IA | $293,068,365 | $92,112,196 |
John Knox Village Lees Summit, MO | $188,344,073 | $71,695,277 |
Council For Jewish Elderly Chicago, IL | $65,504,074 | $67,332,896 |
Evangelical Retirement Homes Of Greater Chicago Inc Schaumburg, IL | $129,997,499 | $58,714,137 |
Northwest Senior Housing Corporation West Des Moines, IA | $316,222,607 | $41,057,965 |
Bhi Senior Living Inc Indianapolis, IN | $325,556,766 | $54,777,731 |
Westminster Place Skokie, IL | $123,606,792 | $55,183,204 |
Lutheran Home For The Aged Arlington Heights, IL | $133,389,832 | $54,059,030 |
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