Greencastle Of Palatine Inc
- Assets
- $2.9m
- Revenue
- $868.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Brook, IL
- Founding
- 06/1964
- Data as of
- 12/2021
- EIN
- 36-3895200
Organization Overview
Greencastle Of Palatine Inc is located in Oak Brook, IL. The organization was established in 1964. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Greencastle Of Palatine 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 12/2021, Greencastle Of Palatine Inc generated $868.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $922.9k during the year ending 12/2021. While expenses have increased by 2.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Gaines Interim Chair, President & CEO | Officer | 0.2 | $0 |
Greg Watson Vice President Of Operations | Officer | 0.2 | $0 |
Anne M Oliva Executive Vice President & CFO | Officer | 0 | $0 |
Mark Entwistle Director | Trustee | 0.2 | $0 |
Rev Jesse Knox Director | Trustee | 0.2 | $0 |
Nichole Edmonds Director | Trustee | 0.2 | $0 |
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 | $861,925 |
| Investment income | $235 |
| 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 | $868,849 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $247,281 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $105,551 |
| Payroll taxes | $21,240 |
| Fees for services: Management | $65,700 |
| Fees for services: Legal | $8,500 |
| Fees for services: Accounting | $9,963 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $231 |
| Office expenses | $26,365 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $114,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,337 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $175,220 |
| Insurance | $32,321 |
| All other expenses | $15,241 |
| Total functional expenses | $922,852 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,875 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,410 |
| 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 | $16,882 |
| Net Land, buildings, and equipment | $2,201,447 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $610,394 |
| Total assets | $2,896,008 |
| Accounts payable and accrued expenses | $66,131 |
| 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 | $25,920 |
| Total liabilities | $92,051 |
| Net assets without donor restrictions | -$2,404,943 |
| Net assets with donor restrictions | $5,208,900 |
| 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 | $2,896,008 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Greencastle Of Palatine Inc has recieved totaling $20,970.
| Awarding Organization | Amount |
|---|---|
Greater Chicago Food Depository Chicago, IL PURPOSE: DISTRIBUTE TO THE HUNGRY | $13,150 |
Greater Chicago Food Depository Chicago, IL PURPOSE: DISTRIBUTE TO THE HUNGRY | $7,820 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presence Life Connections St Louis, MO | $45,499,774 | $56,108,464 |
Greater Wisconsin Agency On Aging Resources Inc Madison, WI | $13,731,196 | $42,134,890 |
Cicoa Aging & In Home Solutions Inc Indianapolis, IN | $13,970,745 | $32,334,743 |
Mather Investments Nfp Evanston, IL | $54,973,565 | $27,896,059 |
Ageoptions Inc Oak Park, IL | $9,043,942 | $30,051,990 |
Midwest Christian Villages Inc St Louis, MO | $29,643,290 | $22,119,810 |
Via Christi Healthcare Outreach Program For Elders Inc St Louis, MO | $16,535,796 | $24,624,185 |
Wesley Community Services Inc Johnston, IA | $11,288,058 | $20,573,990 |
Seniorage Area Agency On Aging Springfield, MO | $4,839,400 | $16,732,131 |
Aging And In-Home Services Of Ne In Fort Wayne, IN | $7,041,153 | $13,959,166 |
Ilife Llc Milwaukee, WI | $22,539,383 | $15,072,061 |
Lifestream Services Inc Yorktown, IN | $4,177,827 | $13,863,488 |