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 363776145 MATHER PLACE 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 9803445 0 X WWW.MATHER.COM X 1991 IL MATHER PLACE IS A NOT-FOR-PROFIT SENIOR LIVING COMMUNITY THAT ENHANCES THE (CONTINUED ON SCHEDULE O) LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. 4 0 0 47 0 0 0 0 8832662 9803445 0 0 0 0 8832662 9803445 0 0 0 0 0 0 0 0 0 10381110 11138468 10381110 11138468 -1548448 -1335023 27236381 26081866 36017037 36197545 -8780656 -10115679 MATHER PLACE IS A NOT-FOR-PROFIT PROVIDER OF HOUSING, SERVICES, AND CARE FOR OLDER ADULTS. 0 0 9972721 9803446 MATHER PLACE IS A NOT-FOR-PROFIT PROVIDER OF HOUSING, SERVICES, AND CARE FOR OLDER ADULTS. 9972721 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 X 4 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 MARY SCHOEGGL CFO - AS OF 10/2023 0.10 50.30 X X 0 87225 3166 DAVID MURLETTE SVP SR. LIVING 0.10 50.10 X 0 680591 49365 CHRISTOPHER MANELLA SVP FINANCE & TREASURER 0.10 50.30 X 0 426583 58483 YVONNE JUNG SVP HR THRU 9/23; DIR HR THRU 11/23 0.10 50.10 X 0 398654 34329 CAROL L SUSSENBACH CFO & TREASURER - THRU 04/2023 0.10 50.30 X X 0 817872 41432 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 DONALD MUSCARI 244 LONGRIDGE DRIVE BLOOMINGDALE IL 60108 CONTRACTOR 182335 INSTAWORK CO GARUDA LABS INC 548 MARKET ST SAN FRANCISCO CA 94104 HOSPITALITY 155265 ATOMATIC MECHANICAL SERVICES 3733 N VENTURA DR ARLINGTON HEIGHTS IL 60004 HVAC 151386 MAINTENANCE HOTLINE 1571 SHERMAN AVE REAR ANNEX EVANSTON IL 60201 MAINTENANCE 132919 SUPER STEAM PO BOX 59070 CHICAGO IL 60659 CARPET CLEANING 107266 5 MONTHLY SERVICE FEES 623000 9515972 9515972 RESIDENT SERVICES 623000 287473 215826 71647 9803445 9803445 9731798 0 71647 233617 233617 474391 474391 195606 163013 32593 118020 49850 68170 2273904 2267039 6865 25485 25350 135 14473 12458 2015 1836188 1836188 177676 177676 CONTRACTED SERVICES 4035641 3752034 283607 CORPORATE SERVICES 964646 212222 752424 RESIDENT PROGRAM SVCS 750771 749791 980 DUES & MEMBERSHIPS 10412 379 10033 27638 18713 8925 11138468 9972721 1165747 0 9910 63887 174592 446684 656675 65621 70676 51937680 26757757 26650279 25179923 0 0 0 0 0 0 27236381 26081866 499351 682159 0 0 35517686 35515386 36017037 36197545 X -8780656 -10115679 -8780656 -10115679 27236381 26081866 -1335023 0 X 0 1 X 1 0 X 0 0 722560 0 0 722560 10374306 9666623 8745317 8797264 9515973 47099483 69686 23039 15479 35398 215826 359428 10443992 9689662 9483356 8832662 9731799 48181471 136974 111890 99478 76619 50459 475420 7195 14392 47344 27440 96371 136974 119085 113870 123963 77899 571791 47609680 10443992 9689662 9483356 8832662 9731799 48181471 0.98810 0.98760 0.00000 0.00000 X 2262624 2262624 32525106 16255652 16269454 10861610 5568706 5292904 3745082 2568162 1176920 2543258 2365237 178021 25179923 MATHER - INTER-ENTITY LOAN 35507486 PROSPECTIVE RESIDENT DEPOSITS 7900 35515386 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 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 MATHER PLACE'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 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, AND RELATED SCHEDULES, WERE PREPARED BY GRANT THORNTON ADVISORS LLC USING INFORMATION PROVIDED BY 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 MATHER PLACE. 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 RELATED ORGANIZATION, MATHER. MATHER PLACE 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. 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 POSSIBILITIES 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 362856851 OLDER ADULT IL 501(C)(3) LINE 7 MATHER 0 THE MATHER EVANSTON 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 205860808 SENIOR LIVING IL 501(C)(3) LINE 10 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 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0