2024-11-14T19:45:56-06:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 2501 E ENTERPRISE AVE SUITE 300 APPLETON WI 54913 990 2023-01-01 205860808 THE MATHER EVANSTON MATH 8474927500 1560 SHERMAN AVENUE 1010 EVANSTON IL 60201 MARY G LEARY CHIEF FINANCIAL OFFICER 8474927500 2024-11-14 1 0 KELCEY LEITL P01584977 9209686700 2023 2024-10-15 13:58:12Z MARY SCHOEGGL 1560 SHERMAN AVENUE 1010 EVANSTON IL 60201 31940034 0 X WWW.MATHER.COM X 2006 IL THE MATHER EVANSTON IS A NOT-FOR-PROFIT SENIOR LIVING COMMUNITY (CONTINUED ON SCHEDULE O)THAT ENHANCES THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. 3 0 0 7 0 0 0 0 30268199 31724892 53492 215142 0 0 30321691 31940034 14150000 11700000 0 0 0 0 0 0 0 25117001 26461864 39267001 38161864 -8945310 -6221830 200627485 205697024 253875083 266662072 -53247598 -60965048 THE MATHER EVANSTON IS A NOT-FOR-PROFIT SENIOR LIVING COMMUNITY THAT PROVIDES A FULL CONTINUUM OF LIVING OPTIONS FROM INDEPENDENT LIVING THROUGH SKILLED NURSING CARE, WHICH OFFERS OLDER ADULTS THE OPPORTUNITY TO LIVE ENGAGED AND ACTIVE LIFESTYLES. 0 0 35516569 11700000 31724892 THE MATHER EVANSTON IS A NOT-FOR-PROFIT LIFE PLAN COMMUNITY THAT ENHANCES THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. 35516569 1 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 81 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 X 3 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X MARY SCHOEGGL 8474926760 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 MARY G LEARY PRESIDENT & CEO 0.10 60.30 X X 0 2347083 184522 CAROL L SUSSENBACH CFO & TREASURER - THRU 04/2023 0.10 50.30 X X 0 817872 41432 DAVID MURLETTE SVP SR. LIVING 0.10 50.10 X 0 680591 49365 YVONNE JUNG SVP HR THRU 9/23; DIR HR THRU 11/23 0.10 50.10 X 0 398654 34329 MARY SCHOEGGL CFO - AS OF 10/2023 0.10 50.30 X X 0 87225 3166 CHRISTOPHER MANELLA SVP FINANCE & TREASURER 0.10 50.10 X 0 426583 58483 JULIE RIGGS SECRETARY 0.10 49.90 X 0 216965 50115 MARY SULLIVAN FORMER SVP HUMAN RESOURCES 0.00 0.00 X 0 616324 2835 0 5591297 424247 0 1 1 0 SUNSET POOLS & SPAS 1675 HICKS ROAD ROLLING MEADOWS IL 60008 POOL CONSTRUCTION 639000 MAINTENANCE HOTLINE INC 1571 SHERMAN AVE REAR ANNEX EVANSTON IL 60201 MAINTENANCE 494395 ADVANTAGE PARKING 181 S NORTHWEST HIGHWAY BARRINGTON IL 60010 PARKING AGENCY 216496 AVDG 1640 HUBBARD CHICAGO IL 60622 AUDIO VISUAL 197953 MAXIM HEALTHCARE SVCS 12558 COLLECTIONS CENTER DRIVE CHICAGO IL 60693 STAFFING 187781 13 MONTHLY SERVICE FEES 623000 21277547 21277547 PROGRAM RELATED INTEREST INCOME 525990 6466144 6466144 AMORT. OF DEFERRED ENTRANCE FEES 623000 2503449 2503449 DAILY ROOM CHARGES 623000 839879 839879 RESIDENT SERVICES 623000 637873 380313 257560 31724892 215142 215142 31940034 31467332 0 472702 11700000 11700000 7531 7531 53740 53740 888755 888755 305481 305481 356719 276023 80696 318571 31245 287326 3566454 3566454 26731 24198 2533 30514 8565 21949 3159267 3159267 2455260 2455260 365731 365731 CONTRACTED SERVICES 11375502 10357633 1017869 RESIDENT PROGRAM SVCS 1710453 1710453 CORPORATE SERVICES 1364380 300164 1064216 NURSING AND MEDICAL 333514 333514 143261 33826 109435 38161864 35516569 2645295 0 X 200 170 12017921 13895194 537628 524428 100247 70574 6816627 2625869 2566578 4190758 181124000 181124000 4280911 5891900 200627485 205697024 7721583 8000481 246153500 258661591 253875083 266662072 X -53247598 -60965048 -53247598 -60965048 200627485 205697024 X -6221830 -1495620 X 0 1 X 1 0 X 28369123 29401087 28774756 30117894 31467332 148130192 249567 112249 122391 150305 257560 892072 28618690 29513336 28897147 30268199 31724892 149022264 0 6179198 6170788 6177089 6162911 6146744 30836730 6179198 6170788 6177089 6162911 6146744 30836730 118185534 79265 20964 6789 53492 215142 375652 79265 20964 6789 53492 215142 375652 28697955 29534300 28903936 30321691 31940034 149397916 0.79110 0.78690 0.00250 0.00150 X 0 736244 267103 469141 3526531 1823175 1703356 2553852 535591 2018261 4190758 INTERCOMPANY NOTES RECEIVABLE 181124000 C 181124000 REFUNDABLE ENTRANCE FEES 239960579 DEFERRED ENTRANCE FEES 15288118 PROSPECTIVE RESIDENT DEPOSITS 1817600 MATHER - INTER-ENTITY LOAN 1595294 258661591 X PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS MATHER, MATHER FOUNDATION, MATHER PLACE, MATHER INVESTMENTS, NFP, MATHER POSSIBILITIES AND THE MATHER EVANSTON HAVE RECEIVED FAVORABLE DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE STATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ENTITIES OF MATHER FILE TAX RETURNS IN CERTAIN STATES; HOWEVER, THEY DO NOT FILE IN EVERY STATE. FOR ALL STATES WHERE THE ENTITIES HAVE NOT FILED A STATE RETURN, ALL TAX YEARS REMAIN OPEN. 1 MATHER FOUNDATION 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 201030638 501(C)(3) 11500000 0 MISSION DRIVEN PROGRAM THE GROWING SEASON 1603 ORRINGTON AVE 13TH FLOOR EVANSTON IL 60201 861376734 501(C)(3) 200000 0 MISSION DRIVEN PROGRAM 2 0 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. THE REPORTING ORGANIZATION PROVIDES GRANTS TO RELATED ORGANIZATIONS AND SUPERVISES THE USE OF THE GRANTS THROUGH OVERLAPPING DIRECTORS. DURING 2022, THE ORGANIZATION MADE A MULTI-YEAR PLEDGE TO ANOTHER ORGANIZATION THAT SUPPORTS BOTH THE REPORTING ORGANIZATION'S MISSION AS WELL AS DIVERSITY, INCLUSION & EQUITY MISSIONS WITHIN THE EVANSTON, ILLINOIS AREA. THE MONITORING OF THE USE OF GRANT FUNDS IS CONDUCTED BY THE RECIPIENT ORGANIZATION THROUGH THE CREATION OF A PROGRAM OVERSIGHT AND STEERING COMMITTEE, AS REQUIRED BY THE RESTRICTED PLEDGE AGREEMENT. 1 1 0 0 0 0 0 0 0 MARY G LEARY PRESIDENT & CEO 0 785043 0 1537750 0 24290 0 147826 0 36696 0 2531605 0 976438 CAROL L SUSSENBACH CFO & TREASURER - THRU 04/2023 0 156207 0 544049 0 117616 0 23100 0 18332 0 859304 0 519611 DAVID MURLETTE SVP SR. LIVING 0 366183 0 310782 0 3626 0 23100 0 26265 0 729956 0 183370 MARY SULLIVAN FORMER SVP HUMAN RESOURCES 0 10936 0 554077 0 51311 0 450 0 2385 0 619159 0 241426 CHRISTOPHER MANELLA SVP FINANCE & TREASURER 0 252781 0 166174 0 7628 0 23100 0 35383 0 485066 0 67545 YVONNE JUNG SVP HR THRU 9/23; DIR HR THRU 11/23 0 260341 0 26104 0 112209 0 11399 0 22930 0 432983 0 0 JULIE RIGGS SECRETARY 0 166179 0 43233 0 7553 0 15467 0 34648 0 267080 0 0 PART I, LINE 3: TOP MANAGEMENT'S COMPENSATION THE MATHER EVANSTON'S TOP MANAGEMENT'S COMPENSATION IS ESTABLISHED BY MATHER, AS THE COMPENSATION IS PAID BY MATHER (A RELATED ORGANIZATION). MATHER FOLLOWS PROCEDURES TO ESTABLISH THE "REBUTTABLE" PRESUMPTION OF REASONABLENESS DESCRIBED IN THE INCOME TAX REGULATIONS IN DETERMINING EXECUTIVE COMPENSATION. COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE, WHICH CONSISTS OF INDEPENDENT DIRECTORS WHO OBTAIN AND RELY ON APPROPRIATE DATA AS TO COMPARABILITY. OBJECTIVE EVIDENCE OF REASONABLENESS AND COMPARABILITY IS OBTAINED FROM INFORMATION PROVIDED BY AN INDEPENDENT, THIRD PARTY COMPENSATION CONSULTANT. DETERMINATION OF EXECUTIVE COMPENSATION INVOLVES BENCHMARKING WITH COMPARATIVE MARKET COMPENSATION DATA TO ENSURE THAT COMPENSATION IS FAIR, EQUITABLE, AND WITHIN THE STANDARDS OF COMPENSATION UTILIZED WITHIN THE INDUSTRY. COMPENSATION DECISIONS ARE DOCUMENTED AND REVIEWED WITH THE FULL BOARD. PART I, LINE 4A: SEVERANCE PAYMENT AN INDIVIDUAL RECEIVED A SEVERANCE PAYMENT DURING THE YEAR. THE SEVERANCE IS INCLUDED IN COMPENSATION IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 4B: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN MARY G. LEARY, CAROL SUSSENBACH, AND MARY SULLIVAN ARE PARTICIPANTS IN MATHER'S 457(F) PLANS. AS OF 2021, THE PLAN IS FROZEN AND NO LONGER ACCEPTING CONTRIBUTIONS. CAROL SUSSENBACH AND MARY SULLIVAN BOTH RECEIVED COMPENSATION FROM THE PLAN IN 2023. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS MATHER IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS AND APPROVES MAJOR ACTIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO MAY ELECT MATHER IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL MATHER IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS AND HAS THE RIGHT TO APPROVE MAJOR DECISIONS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990 IS PREPARED BY A THIRD-PARTY PREPARER, GRANT THORNTON ADVISORS LLC, IN CONJUNCTION WITH MANAGEMENT. THE FORM 990, INCLUDING SCHEDULES, WAS DISTRIBUTED TO THE MEMBERS OF THE MATHER FOUNDATION AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE MET WITH MANAGEMENT AND REVIEWED THE FORM 990. SUBSEQUENTLY, THE FORM 990 WAS DISTRIBUTED TO EACH DIRECTOR OF THE MATHER EVANSTON. ALL COMMENTS AND QUESTIONS WERE DIRECTED TO THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT ANNUALLY ALL BOARD MEMBERS, OFFICERS AND SENIOR STAFF MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS ARE REFERRED TO THE CEO AND PRESIDENT, THE BOARD CHAIR AND CHAIR OF THE GOVERNANCE COMMITTEE, WHO TAKE APPROPRIATE ACTION, INCLUDING DISCUSSING WITH THE FULL BOARD, WHEN NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION ALL COMPENSATION FOR OFFICERS/DIRECTORS/KEY EMPLOYEES IS PAID BY A RELATED ORGANIZATION, MATHER. THE MATHER EVANSTON RELIED ON MATHER TO REVIEW THIS INFORMATION FOR ALL COMPENSATION PAID. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART X: CAPITAL LEASE FORM 990, PART X IS COMPLETED PER THE AUDITED FINANCIAL STATEMENT PRESENTATION. AS SUCH, THE FOLLOWING CAPITAL LEASE AMOUNTS ARE NOT INCLUDED ON FORM 990, PART X OR SCHEDULED, PARTS IX AND X. ASSETS LEASED PROPERTY $164,822,840 INTERCOMPANY RECEIVABLE $22,929,638 LIABILITIES OBLIGATION UNDER CAPITAL LEASE $174,755,693 NET ASSETS CURRENT YEAR NET INCOME $1,495,620 ACCUMULATED PRIOR YEAR NET INCOME $11,501,166 FORM 990, PART XI, LINE 9: BOOK/TAX DIFFERENCE: CAPITAL LEASE -1,495,620. MATHER 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 362233542 OLDER ADULT IL 501(C)(3) LINE 12C, III-FI MATHER FOUNDATION 0 MATHER INVESTMENTS NFP 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 364266878 SENIOR LIVING IL 501(C)(3) LINE 10 MATHER 0 MATHER PLACE 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 363776145 SENIOR LIVING IL 501(C)(3) LINE 10 MATHER 0 MATHER POSSIBILITIES 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 362856851 OLDER ADULT IL 501(C)(3) LINE 7 MATHER 0 MATHER FOUNDATION 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 201030638 PARENT ENTITY IL 501(C)(3) LINE 12C, III-FI N/A 0 0 1 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0