Form 990 for tax year 2024
Filed by LITTLE SISTERS OF THE POOR CHICAGO PROVINCE INC.
Totals
- Total revenue
- $3,615,540
- Total expenses
- $806,396
- Contributions and grants received
- $3,087,123
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $534,462
- Other revenue
- -$6,045
- Total assets, end of year
- $51,575,626
- Total liabilities, end of year
- $25,000
- Net assets or fund balances, end of year
- $51,550,626
- Program services expenses (Part IX)
- $624,870
- Management and general expenses
- $181,526
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $624,870
Program services were 77.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$3,087,123
-
1g · Noncash contributions included above
$1,750,000
-
3 · Investment income
total $329,329 · excluded $329,329
-
7a · Gross sales of assets other than inventory
other assets $205,133
-
7c · Gain or loss
other assets $205,133
-
7d · Net gain or loss
total $205,133 · excluded $205,133
-
11a · Other revenue: DECR. IN CASH SURRENDER VALUE
total -$6,045 · excluded -$6,045
-
11e · Other revenue, total
-$6,045
Functional expenses
Part IX, the statement of functional expenses.
-
11b · Fees: legal
total $55,280 · program services $55,280
-
11c · Fees: accounting
total $43,150 · program services $25,890 · management and general $17,260
-
11f · Fees: investment management
total $46,722 · program services $46,722
-
11g · Fees: other
total $257,514 · program services $257,514
-
13 · Office expenses
total $247,015 · program services $146,632 · management and general $100,383
-
14 · Information technology
total $7,947 · management and general $7,947
-
16 · Occupancy
total $25,035 · management and general $25,035
-
17 · Travel
total $45,620 · program services $22,810 · management and general $22,810
-
22 · Depreciation, depletion and amortization
total $2,959 · management and general $2,959
-
24a · Other expenses: SISTERS' CARE
total $45,739 · program services $45,739
-
24b · Other expenses: RELIGIOUS FORMATION
total $15,000 · program services $15,000
-
24c · Other expenses: BOOKS, SUBS AND DUES
total $14,065 · program services $9,283 · management and general $4,782
-
24d · Other expenses: LICENSES AND FEES
total $350 · management and general $350
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $485,331 · end of year $287,034
-
2 · Savings and temporary cash investments
beginning of year $440,074 · end of year $844,791
-
7 · Other notes and loans receivable
beginning of year $30,350,000 · end of year $34,550,000
-
9 · Prepaid expenses and deferred charges
beginning of year $16,000 · end of year $110,385
-
10a · Land, buildings and equipment: cost or other basis
$127,250
-
10b · Land, buildings and equipment: accumulated depreciation
$111,799
-
10c · Land, buildings and equipment, net
beginning of year $18,410 · end of year $15,451
-
11 · Investments: publicly traded securities
beginning of year $12,636,730 · end of year $15,714,647
-
15 · Other assets
beginning of year $59,363 · end of year $53,318
-
17 · Accounts payable and accrued expenses
beginning of year $34,604 · end of year $25,000
-
27 · Net assets without donor restrictions
beginning of year $43,911,941 · end of year $51,497,308
-
28 · Net assets with donor restrictions
beginning of year $59,363 · end of year $53,318
Mission and programs · 2024
Mission
THE LITTLE SISTERS OF THE POOR CHICAGO PROVINCE IS ONE OF TWO PROVINCES IN THE UNITED STATES THAT PROVIDE FINANCIAL ASSISTANCE FOR THE HOMES WITHIN ITS TERRITORY. THE PROVINCE OVERSEES THE HOMES THAT ARE PART OF THE INTERNATIONAL CONGREGATION OF THE LITTLE SISTERS OF THE POOR, WHICH WAS FOUNDED IN FRANCE IN 1839 AND SERVES THE ELDERLY IN 32 COUNTRIES.
-
PARTIAL SUPPORT OF SISTERS' PERSONAL NEEDS.
Expenses $83,549
-
ONGOING CONSTRUCTION AND RENOVATION OF HOMES TO CARE FOR THE ELDERLY POOR; ADMINISTRATION OF INVESTMENTS & INSURANCE PLANS FBO EMPLOYEES OF ALL LITTLE SISTERS OF THE POOR HOMES FOR THE ELDERLY.
Expenses $541,321
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Sr Julie Marie HorsemanSR JULIE MARIE HORSEMAN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 56
-
Sr Christian ArayataSR CHRISTIAN ARAYATA
SECRETARY
- Total calculated
- $0
- Hours/week
- 56
-
Sr Mary Sylvia KarlSR MARY SYLVIA KARL
TREASURER
- Total calculated
- $0
- Hours/week
- 56
-
Sr Gemma AlessiSR GEMMA ALESSI
VICE-TREASUR
- Total calculated
- $0
- Hours/week
- 56
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 9 October 2025
- IRS schema version
- 2024v5.0
- Source object
- 202522839349300207
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