Skip to content
Nonprofiteer
← DANISH OLD PEOPLES HOME SOCIETY

Form 990 for tax year 2022

Filed by DANISH OLD PEOPLES HOME SOCIETY.

Totals

Total revenue
$4,079,006
Total expenses
$4,370,578
Contributions and grants received
$1,115,325
Grants paid
$0
Program service revenue
$2,680,484
Investment income
$351
Other revenue
$282,846
Total assets, end of year
$9,939,154
Total liabilities, end of year
$2,387,413
Net assets or fund balances, end of year
$7,551,741
Program services expenses (Part IX)
$3,310,733
Management and general expenses
$1,059,845
Fundraising expenses
$0
Program service expenses (Part III)
$3,310,733

Program services were 75.8% 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.

  • 1c · Fundraising events

    $11,960

  • 1d · Related organizations

    $733,405

  • 1f · All other contributions, gifts and grants

    $369,960

  • 2a · Program service revenue: REVENUE FROM RESIDENTS

    total $2,680,484 · related or exempt $2,680,484

  • 3 · Investment income

    total $351 · excluded $351

  • 8a · Fundraising events: gross income

    $14,648

  • 8a · Fundraising events: contributions included on line 1c

    $11,960

  • 8b · Fundraising events: direct expenses

    $31,802

  • 8c · Net income from fundraising events

    total -$17,154 · excluded -$17,154

  • 11a · Other revenue: MANAGEMENT FEE

    total $300,000 · related or exempt $300,000

  • 11e · Other revenue, total

    $300,000

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $328,848 · management and general $328,848

  • 7 · Other salaries and wages

    total $1,987,148 · program services $1,805,864 · management and general $181,284

  • 9 · Other employee benefits

    total $204,565 · program services $172,431 · management and general $32,134

  • 10 · Payroll taxes

    total $174,185 · program services $135,727 · management and general $38,458

  • 11b · Fees: legal

    total $21,462 · management and general $21,462

  • 11c · Fees: accounting

    total $24,379 · management and general $24,379

  • 11g · Fees: other

    total $12,991 · management and general $12,991

  • 12 · Advertising and promotion

    total $106,310 · management and general $106,310

  • 13 · Office expenses

    total $47,887 · management and general $47,887

  • 16 · Occupancy

    total $188,826 · program services $103,672 · management and general $85,154

  • 22 · Depreciation, depletion and amortization

    total $357,660 · program services $357,660

  • 23 · Insurance

    total $153,880 · management and general $153,880

  • 24a · Other expenses: FOOD SERVICE

    total $242,315 · program services $242,315

  • 24b · Other expenses: MEDICAL FEES AND SUPPLI

    total $216,171 · program services $216,171

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $131,407 · program services $131,407

  • 24d · Other expenses: RESIDENT ACTIVITIES

    total $47,752 · program services $47,752

  • 24e · All other expenses

    total $124,792 · program services $97,734 · management and general $27,058

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $81,641 · end of year $29,730

  • 4 · Accounts receivable

    beginning of year $321,279 · end of year $252,178

  • 9 · Prepaid expenses and deferred charges

    beginning of year $28,214 · end of year $39,938

  • 10a · Land, buildings and equipment: cost or other basis

    $11,848,267

  • 10b · Land, buildings and equipment: accumulated depreciation

    $7,238,674

  • 10c · Land, buildings and equipment, net

    beginning of year $4,143,600 · end of year $4,609,593

  • 15 · Other assets

    beginning of year $4,834,617 · end of year $5,007,715

  • 17 · Accounts payable and accrued expenses

    beginning of year $324,676 · end of year $288,065

  • 19 · Deferred revenue

    beginning of year $22,217 · end of year $11,939

  • 24 · Unsecured notes and loans payable

    beginning of year $10,000 · end of year $10,000

  • 25 · Other liabilities

    beginning of year $1,396,304 · end of year $2,077,409

  • 27 · Net assets without donor restrictions

    beginning of year $2,896,731 · end of year $2,613,640

  • 28 · Net assets with donor restrictions

    beginning of year $4,759,423 · end of year $4,938,101

Mission and programs · 2022

Mission

THE PURPOSE OF THE SOCIETY IS TO MAINTAIN AND OPERATE, ON A CHARITABLE BASIS, A NOT-FOR-PROFIT HOME FOR ELDERLY PERSONS IN ORDER TO PROVIDE THEM WITH SUITABLE LIVING ACCOMODATIONS, FACILITIES FOR DINING, MEDICAL TREATMENT, NURSING, AND OTHER SERVICES DESIGNED TO MEET THEIR SPIRITUAL, MENTAL, PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.

Activities or mission (Part I)

THE PURPOSE OF THE SOCIETY IS TO MAINTAIN AND OPERATE, ON A CHARITABLE BASIS, A NOT-FOR-PROFIT HOME DESIGNED TO MEET THEIR SPIRITUAL, MENTAL, PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.

  • THE SOCIETY MAINTAINS AND OPERATES A HOME PROVIDING CARE FOR ELDERLY PERSONS. LIVING QUARTERS, NURSING CARE, FOOD SERVICES AND ACTIVITIES ARE PROVIDED TO THE APPROXIMATELY 40 RESIDENTS SERVED PER DAY, INCLUDING 12,686 DAYS OF SHELTERED CARE AND 1,817 DAYS OF NURSING CARE, ANNUALLY.

    Expenses $3,310,733 · Revenue $2,980,484

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Scott Swanson

    PRESIDENT/CEO

    Total calculated
    $185,155
    From this org
    $185,155
    From related orgs
    $0
    Other
    $0
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $175,155
    Bonus
    $10,000
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $185,155

  • Fred Saviano

    TREASURER

    Total calculated
    $143,693
    From this org
    $132,422
    From related orgs
    $0
    Other
    $11,271
    Hours/week
    30 + 10 related

  • Kim Eriksen

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • Stan Heidemann

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Maria Cecilia Ramos

    DIRECTOR OF NURSING

    Total calculated
    $112,635
    From this org
    $101,364
    From related orgs
    $0
    Other
    $11,271
    Hours/week
    40

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
SCOTT SWANSON, CEO, PARTICIAPTES IN A DEFERRED COMPENSATION PROGRAM AND WAS AWARDED $10,000 DURING THE YEAR. ALSO DURING THE YEAR ENDED SEPTEMBER 30, 2023, SCOTT SWANSON RECEIVED A PAYOUT UNDER THIS DEFERRED COMPENSATION PLAN IN THE AMOUNT OF $64,405.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE DANISH HOME FOUNDATION

    501(C)(3) · SUPPORT THE SOCIETY FOR THE DANISH OLD PEOPLE'S HOME · IL

    Directly controlled by THE DANISH ASSOCIATION

  • THE DANISH ASSOCIATION

    501(C)(3) · SUPPORT THE SOCIETY FOR THE DANISH OLD PEOPLE'S HOME AND DANISH FOUNDATION · IL

Provenance

Return type
form_990
Tax year
2022
Filed
6 March 2024
IRS schema version
2022v5.0
Source object
202410819349300931

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.