Franciscan Ministries Inc
- Assets
- $0.0
- Revenue
- $25.2k
- Investments
- $0.0
- Employees
- 9
- Location
- Wheaton, IL
- Founding
- Data as of
- 06/2018
- EIN
- 36-3259684
Organization Overview
Franciscan Ministries Inc is located in Wheaton, IL. As of 06/2018, Franciscan Ministries Inc employed 9 individuals. Franciscan Ministries Inc 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 06/2018, Franciscan Ministries Inc generated $25.2k in total revenue. All expenses for the organization totaled $10.2m during the year ending 06/2018.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2018
Describe the Organization's Mission:
Part 3 - Line 1
FRANCISCAN MINISTRIES, INC. (FMI), A WHOLLY OWNED SUBSIDIARY OF WHEATON FRANCISCAN SERVICES, INC. (WFSI), WAS FORMED IN JULY 1983 IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF ILLINOIS, FOR THE PURPOSE OF ESTABLISHING, OWNING, AND MAINTAINING AFFORDABLE LOW-INCOME HOUSING AND RELATED HOUSING PROGRAMS FOR THE AGING AND INDIGENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRANCISCAN MINISTRIES WAS INCORPORATED IN 1983 AS THE HOLDING COMPANY FOR WHEATON FRANCISCAN SERVICES, INC.'S SHELTER SERVICES. FRANCISCAN MINISTRIES FOCUSES ON COMMUNITIES WHERE HOUSING IS NEEDED MOST, WITH 2,620 UNITS FOR LOW-INCOME FAMILIES, SENIORS, AND SPECIAL NEEDS RESIDENTS THROUGHOUT COLORADO, ILLINOIS, IOWA, AND WISCONSIN. AFTER A PERIOD OF DISCERNMENT, THE DECISION WAS MADE THAT THE HOUSING UNITS WOULD BE BEST SERVED UNDER NEW SPONSORSHIP. BEGINNING IN FEBRUARY 2016 THROUGH JUNE 2018, TRANSFERS TO A NEW SPONSOR BECOME EFFECTIVE UPON FINAL NEGOTIATION OF DEFINITIVE AGREEMENTS AND ALL REQUIRED APPROVALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sr Margaret Grempka Vice Chair | OfficerTrustee | 1 | $0 |
John Oliverio President And Chair | OfficerTrustee | 1 | $0 |
Sr Shirley Krull Director | Trustee | 1 | $0 |
Susan Dillberg President - Director | 1 | $0 | |
Shari Koehler Sr VP And CFO Fmi | 40 | $0 | |
John Piombino Accounting Manager | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wfsi Benefit Trust Parent Company - Health Insurance | 6/29/15 | $1,139,415 |
Wfsi Investment Parent Company | 6/29/15 | $4,400,000 |
Wheaton Franciscan Healthcare Parent Company - Insurance/corporate Bil | 6/29/15 | $1,182,915 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $1,633 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $25,207 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $10,074,752 |
| 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 | $33,707 |
| Fees for services: Legal | $52,398 |
| Fees for services: Accounting | $7,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $25,433 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,190 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $21,499 |
| Total functional expenses | $10,218,004 |
| 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 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, Franciscan Ministries Inc has awarded $9,682,361 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Denver, CO PURPOSE: TO HELP ACQUIRE PROPERTY FOR LOW INCOME HOUSING | $5,903,518 |
Wheaton, IL PURPOSE: SUPPORT PROGRAMS | $2,005,550 |
Denver, CO PURPOSE: TO HELP ACQUIRE PROPERTY FOR LOW INCOME HOUSING | $1,742,770 |
Denver, CO PURPOSE: TO HELP ACQUIRE PROPERTY FOR LOW INCOME HOUSING | $22,571 |
Denver, CO PURPOSE: TO HELP ACQUIRE PROPERTY FOR LOW INCOME HOUSING | $7,952 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Franciscan Ministries Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Andrew Gomez Dream Foundation Sandy, UT PURPOSE: CONTRIBUTION | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-America Nazarene University Olathe, KS | $55,334,319 | $63,656,687 |
Adler University Chicago, IL | $54,030,129 | $55,024,940 |
Cornerstones Of Care Kansas City, MO | $33,252,192 | $62,036,711 |
Foodbank For The Heartland Omaha, NE | $18,090,007 | $45,859,600 |
Oneworld Community Health Centers Inc Omaha, NE | $55,753,804 | $50,338,832 |
Southlake Tri-City Management Corp Merrillville, IN | $41,327,791 | $57,011,175 |
Indiana Organ Procurement Organization Inc Indianapolis, IN | $65,218,746 | $57,064,127 |
Franklin College Of Indiana Franklin, IN | $160,839,660 | $64,884,316 |
Vivent Health Inc Milwaukee, WI | $84,987,861 | $66,654,563 |
Donald Danforth Plant Science Center Saint Louis, MO | $503,520,795 | $58,321,490 |
Wheaton Franciscan Healthcare - Southeast Wisconsin Inc St Louis, MO | $170,280,677 | $49,335,705 |
United Brotherhood Of Carpenters & Joiners Of America Greenwood, IN | $122,593,290 | $51,465,869 |