2025-02-06T14:04:01-05:00 2024-06-30 208171351 WEBER & ASSOCIATES CPA'S 314 N LAKE ST STE 1B AURORA IL 605064086 990 2023-07-01 361868692 THE MIGHELL FUND INC MIGH 6308965031 495 NORTH LAKE STREET AURORA IL 605064156 ALEX HAUGHEE EXECUTIVE DIRECTOR 6308965031 2025-01-16 true true GABRIELA FEDMASU P01271165 6308974500 2025-02-06 2023 2025-03-06 01:10:19Z ALEX HAUGHEE 495 N LAKE ST AURORA IL 60506 2080856 false X WWW.PLUMLANDING.ORG X 1964 THE MIGHELL FUND'S PURPOSE IS TO PROVIDE A SECURE ENVIRONMENT FOR ACTIVE, MATURE ADULTS WHO WANT TO LIVE INDEPENDENTLY, WHERE INDIVIDUALISM IS ENCOURAGED AND RESPECTED. 9 9 51 0 32502 39884 1677262 1720829 52658 98394 0 1762422 1859107 0 0 1127315 1149363 0 2317 925290 944499 2052605 2093862 -290183 -234755 3982315 3976280 260074 312338 3722241 3663942 X THE MIGHELL FUND'S PURPOSE IS TO PROVIDE A SECURE ENVIRONMENT FOR ACTIVE, MATURE ADULTS WHO WANT TO LIVE INDEPENDENTLY, WHERE INDIVIDUALISM IS ENCOURAGED AND RESPECTED. false false 1751831 1720829 THE MIGHELL FUND INC PROVIDES HOUSING AND RELATED SERVICES FOR RETIRED INDIVIDUALS. THERE ARE APPROXIMATELY 63 APARTMENTS AVAILABLE. 1751831 true true false false false false false false false false true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 1 0 51 true false false false false false false false false false false false false X 9 9 false false false false false false false true true false false true true true true true true true false false IL X ALEX HAUGHEE 6308965031 495 N LAKE ST AURORA IL 60506 ALEX HAUGHEE EXECUTIVE DI 40.00 X 99310 0 2961 AMY BAUDOUIN DIRECTOR 1.00 X 0 0 0 STEWART BEACH SECRETARY 2.00 X X 0 0 0 JOHN CORDOGAN PRESIDENT 1.00 X X 0 0 0 MATHEW DARLING DIRECTOR 1.00 X 0 0 0 BRIAN KONEN DIRECTOR 1.00 X 0 0 0 KATHI LIMOGES DIRECTOR 1.00 X 0 0 0 JANET MOMPER DIRECTOR 1.00 X 0 0 0 LINDA PILMER VICE PRES. 2.00 X X 0 0 0 MARK TRUEMPER TREASURER 2.00 X X 0 0 0 99310 2961 false false false 39884 23000 39884 APARTMENT RENTAL 1413477 1413477 DINING 297278 297278 EMPLOYEE MEALS 10074 10074 1720829 48415 48415 267548 4180 221749 45799 4180 49979 45799 4180 1859107 1756554 62669 102271 51164 51107 869352 700084 167328 1940 16629 16572 57 88011 70409 17602 73100 56741 16211 148 20230 20230 16684 16684 11593 11593 19801 2589 17040 172 164998 164998 28 28 264660 251426 13234 22313 20751 1562 FOOD COSTS 245445 245445 REPAIRS & MAINTENANCE 47622 47622 SUPPLIES 34955 34955 MAINTENANCE CONTRACT 33481 33481 62689 55566 7123 2093862 1751831 339714 2317 1489 23821 16081 164850 10170 5324 44679 43084 2531 3433 7292599 5411106 1863989 1881493 2043376 1854275 3982315 3976280 103078 167736 5066 3617 151930 140985 260074 312338 X 3688920 3631835 33321 32107 3722241 3663942 3982315 3976280 -234755 176456 X false true X true false X 23750 147426 72272 29081 15038 287567 1457003 1648598 1606260 1654190 1696689 8062740 3289 535 6114 5887 10074 25899 1484042 1796559 1684646 1689158 1721801 8376206 2407 1950 2850 10554 3500 21261 2407 1950 2850 10554 3500 21261 8354945 51797 48985 61664 51553 48415 262414 51797 48985 61664 51553 48415 262414 1535839 1845544 1746310 1740711 1770216 8638620 0.96720 0.96570 0.03000 0.03000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 113600 113600 5927791 4530850 1396941 1041296 814068 227228 209912 66188 143724 1881493 DEPOSITS 140985 140985 X 2018879 176456 176456 1842423 16684 16684 1859107 2077178 2077178 16684 16684 2093862 SCHEDULE D, PAGE 3, PART X MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN INCOME TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT DISCLOSURE. THE ORGANIZATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION AND THE STATE OF ILLINOIS AND IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE TAX AUTHORITIES FOR YEARS BEFORE 2021. FORM 990 - ORGANIZATION'S MISSION THE MIGHELL FUND'S PURPOSE IS TO PROVIDE A SECURE ENVIRONMENT FOR ACTIVE, MATURE ADULTS WHO WANT TO LIVE INDEPENDENTLY, WHERE INDIVIDUALISM IS ENCOURAGED AND RESPECTED. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS EMAILED TO EACH BOARD MEMBER FOR REVIEW. AT A SUBSEQUENT BOARD MEETING, THE BOARD DISCUSSES AND APPROVES THE RETURN. UPON APPROVAL OF THE BOARD, THE FORM 990 IS SIGNED AND FILED. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED AND A STATEMENT INCLUDING DISCLOSURES OF CONFLICTS IS COMPLETED AND SIGNED BY BOARD MEMBERS ON AN ANNUAL BASIS. SHOULD THE BOARD DETERMINE A CONFLICT OF INTEREST MAY EXIST, THE INTERESTED PERSON WOULD BE ASKED TO LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE ORGANIZATION'S FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.