Nonprofit · EIN 45-2652514
MEMORIAL DRIVE COMMUNITY INC
Tax-exempt · OAK BROOK, IL 60523
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $14,041 | $15,261 | -$1,220 | $207,000 | $7,750 | $199,250 |
| December 31, 2023 | 990 | $12,300 | $14,768 | -$2,468 | $207,000 | $9,550 | $197,450 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $12,241
- Investment income
- $0
- Other revenue
- $1,800
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $937
- Occupancy
- $7,243
- Program services (functional)
- $14,324
- Management and general (functional)
- $937
Balance sheet and other
- Total assets, start of year
- $207,000
- Total assets, end of year
- $207,000
- Total liabilities, end of year
- $7,750
- Net assets, end of year
- $199,250
- Land, buildings and equipment
- $207,000
- Net assets without donor restrictions
- $199,250
- Gross receipts
- $14,041
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2011
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RALPH GAINES | PRESIDENT & CEO Officer | 0.2 | $0 | $371,596 | $50,615 |
| ANNE M OLIVA | EXC. VICE PRESIDENT & CFO Officer | 0 | $0 | $214,166 | $22,837 |
| JENNIFER TRUPPA | DIRECTOR OF SOCIAL SERVICE Highest-paid employee | 0 | $0 | $119,654 | $40,480 |
| DAWN ZENKNER | CONTROLLER Highest-paid employee | 0 | $0 | $112,421 | $38,818 |
| GARY ADAMS | DIRECTOR OF OPERATIONS Officer | 0 | $0 | $116,071 | $29,254 |
| ALINA SERBAN | CHIEF OF STAFF Highest-paid employee | 0 | $0 | $101,464 | $38,357 |
| ED HAVLOVIC | DIRECTOR OF PLANT OPERATIO Highest-paid employee | 0 | $0 | $106,816 | $27,750 |
| IRV WOODS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| J PAUL BERTSCHE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| KAREN M LATIMER HORSTHEMKE | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| ROBERT GAMRATH | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| RUTH CARLSON | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| TONYA PITTS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| SCOTT MEYER | CHAIRMAN Officer | 0.2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RALPH GAINES | INTERIM CHAIR, PRESIDENT & CEO Officer | 0.2 | $0 | $357,625 | $48,905 |
| ANNE M OLIVA | EXC. VICE PRESIDENT & CFO Officer | 0 | $0 | $209,490 | $20,087 |
| JOHN DIEHL | SENIOR ADVISOR Highest-paid employee | 0 | $0 | $134,487 | $29,262 |
| JENNIFER TRUPPA | DIRECTOR OF SOCIAL SERVICES Highest-paid employee | 0 | $0 | $114,791 | $40,413 |
| DAWN ZENKNER | CONTROLLER Highest-paid employee | 0.2 | $0 | $108,003 | $40,055 |
| ED HAVLOVIC | DIRECTOR OF PLANT OPERATIONS Highest-paid employee | 0 | $0 | $109,898 | $27,920 |
| GARY ADAMS | Director of Operations Officer | 0.2 | $0 | $104,132 | $27,575 |
| REV JESSE KNOX | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
| NATHAN BRIGGS | DIRECTOR Trustee or director | 0.2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1900 SPRING RD STE 450, OAK BROOK, IL 60523-1481
- In care of
- % EMBRACE LIVING COMMUNITIES
- Principal officer (990 for 2024)
- WAYNE FOLEY, 1900 SPRING ROAD, SUITE OAK BROOK, IL 605231480
- Signed the 990
- WAYNE FOLEY, FRACTIONAL CFO
- Phone
- (630) 521-8021
- Website
- WWW.EMBRACELIVING.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING.
Program accomplishments
- MEMORIAL DRIVE COMMUNITY WAS INCORPORATED AS A NON-FOR-PROFIT CORPORATION IN THE STATE OF ILLINOIS IN 2011. IT WAS FORMED TO ACQUIRE LAND AND CONSTRUCT BUILDINGS TO HOUSE LOW-INCOME ELDERLY AND HANDICAPPED PERSONS AS DEFINED BY THE NATIONAL HOUSING ACT OF 1989. OUR MISSION IS TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING.Expenses $14,324 · revenue $14,041
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2652514
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2012
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $207,000
- Income (IRS master file)
- $14,041
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $14,041 | $15,261 | $207,000 | XML |
| 990 | December 2023 | $12,300 | $14,768 | $207,000 | XML |
| 990 | December 2022 | $12,181 | $10,527 | $207,000 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-2652514).
Questions about MEMORIAL DRIVE COMMUNITY INC
- What is the EIN of MEMORIAL DRIVE COMMUNITY INC?
- The employer identification number (EIN) of MEMORIAL DRIVE COMMUNITY INC is 45-2652514.
- Is MEMORIAL DRIVE COMMUNITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to MEMORIAL DRIVE COMMUNITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEMORIAL DRIVE COMMUNITY INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of MEMORIAL DRIVE COMMUNITY INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEMORIAL DRIVE COMMUNITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MEMORIAL DRIVE COMMUNITY INC?
- The 990 for the year ended December 31, 2024 names WAYNE FOLEY.
- Who are the officers and directors of MEMORIAL DRIVE COMMUNITY INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
- How much revenue does MEMORIAL DRIVE COMMUNITY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $14,041, expenses of $15,261 and total assets of $207,000 at year end.
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