Skip to content
Nonprofiteer
← ILLUMINUS RETIREMENT COMMUNITIES INC

Form 990 for tax year 2024

Filed by ILLUMINUS RETIREMENT COMMUNITIES INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2024 , filed 12 May 2026. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$25,563,854 changed to $53,899,385
Total expenses
$29,055,215 changed to $57,567,941
Contributions and grants received
$1,883 changed to $0
Program service revenue
$25,386,353 changed to $53,327,584
Investment income
$4,558 changed to $38,910
Other revenue
$171,060 changed to $532,891
Total assets, end of year
$81,493,976 changed to $79,801,224
Total liabilities, end of year
$63,132,013 changed to $65,005,850
Net assets or fund balances, end of year
$18,361,963 changed to $14,795,374
Program services expenses
$26,436,355 changed to $50,484,995
Management and general expenses
$2,618,860 changed to $7,082,946
Program service expenses (Part III)
$26,436,355 changed to $50,484,995

Listed only on the earlier return

  • Jim Fett
  • Kim Suhs
  • Mike Krolczyk
  • Terry Schleif

Listed only on the later return

  • David Bertsch
  • Dennis Konkol
  • Gary Thorpe
  • Jeff Hackel
  • Jennifer Johnson
  • Julie Marks
  • Justin Munzel
  • Keith Vanlanduyt
  • Ken Smith
  • Kevin Kohlhoff
  • Lynne Wagner
  • Mark Pietrowiak
  • Mike Jones
  • Nicole Martin
  • Rev Kate Van Der Linden
  • Robert Meidenbauer
  • Scott Dettmann
  • Sherry Cira
  • Stever Heroux
  • Suzanne Whitty
  • Todd Fischer

Listed under a different title

  • Michael Libby: COO then SVP OF OPERATIONS

Totals

Total revenue
$25,563,854
Total expenses
$29,055,215
Contributions and grants received
$1,883
Grants paid
$0
Program service revenue
$25,386,353
Investment income
$4,558
Other revenue
$171,060
Total assets, end of year
$81,493,976
Total liabilities, end of year
$63,132,013
Net assets or fund balances, end of year
$18,361,963
Program services expenses (Part IX)
$26,436,355
Management and general expenses
$2,618,860
Fundraising expenses
$0
Program service expenses (Part III)
$26,436,355

Program services were 91.0% 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

    $1,883

  • 2a · Program service revenue: PATIENT SERVICE REVENUE

    total $25,372,558 · related or exempt $25,372,558

  • 2b · Program service revenue: RENTAL INCOME

    total $13,795 · related or exempt $13,795

  • 3 · Investment income

    total $6,888 · excluded $6,888

  • 7a · Gross sales of assets other than inventory

    securities $5,577

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $7,907

  • 7c · Gain or loss

    securities $5,577 · other assets -$7,907

  • 7d · Net gain or loss

    total -$2,330 · excluded -$2,330

  • 11a · Other revenue: OTHER REVENUE

    total $171,060 · excluded $171,060

  • 11e · Other revenue, total

    $171,060

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $7,095,126 · program services $7,095,126

  • 8 · Pension plan contributions

    total $34,559 · program services $34,559

  • 9 · Other employee benefits

    total $1,227,281 · program services $1,227,281

  • 11a · Fees: management

    total $2,560,210 · program services $35,790 · management and general $2,524,420

  • 11b · Fees: legal

    total $1,473 · management and general $1,473

  • 11c · Fees: accounting

    total $26,130 · management and general $26,130

  • 11f · Fees: investment management

    total $1,020 · management and general $1,020

  • 11g · Fees: other

    total $7,124,702 · program services $7,124,702

  • 12 · Advertising and promotion

    total $263,257 · program services $263,257

  • 13 · Office expenses

    total $79,218 · program services $79,218

  • 14 · Information technology

    total $529,363 · program services $529,363

  • 16 · Occupancy

    total $916,071 · program services $916,071

  • 17 · Travel

    total $107,998 · program services $107,998

  • 19 · Conferences, conventions and meetings

    total $60,780 · program services $60,780

  • 20 · Interest

    total $1,381,010 · program services $1,346,064 · management and general $34,946

  • 22 · Depreciation, depletion and amortization

    total $2,172,741 · program services $2,172,741

  • 23 · Insurance

    total $248,102 · program services $248,102

  • 24a · Other expenses: SUPPLIES

    total $1,902,774 · program services $1,871,903 · management and general $30,871

  • 24b · Other expenses: PROVISION FOR BAD DEBT

    total $1,770,706 · program services $1,770,706

  • 24c · Other expenses: PHARMACY

    total $467,396 · program services $467,396

  • 24d · Other expenses: OTHER

    total $437,032 · program services $437,032

  • 24e · All other expenses

    total $648,266 · program services $648,266

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $0 · end of year $1,829,386

  • 4 · Accounts receivable

    beginning of year $0 · end of year $6,490,812

  • 9 · Prepaid expenses and deferred charges

    beginning of year $2,929 · end of year $109,686

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

    $63,260,706

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

    $5,468,931

  • 10c · Land, buildings and equipment, net

    beginning of year $4,370,827 · end of year $57,791,775

  • 12 · Investments: other securities

    beginning of year $1,300,000 · end of year $2,866,407

  • 14 · Intangible assets

    beginning of year $0 · end of year $6,508,667

  • 15 · Other assets

    beginning of year $0 · end of year $5,897,243

  • 17 · Accounts payable and accrued expenses

    beginning of year $113,806 · end of year $13,144,481

  • 25 · Other liabilities

    beginning of year $6,313,547 · end of year $49,987,532

  • 27 · Net assets without donor restrictions

    beginning of year -$753,597 · end of year $18,361,963

Mission and programs · 2024

Mission

TO CREATE A VIBRANT HEALTH AND HOSPITALITY-BASED COMMUNITY WHERE RESIDENTS EXPERIENCE A RETIREMENT LIFESTYLE THAT ENRICHES THEIR MIND, BODY AND SPIRIT AND PROVIDES SECURITY THROUGH A CONTINUUM OF SERVICES AND CARE.

Activities or mission (Part I)

TO DEVELOP A COMMUNITY THAT PROVIDES A VARIETY OF INDEPENDENT LIVING ARRANGEMENTS AND OFFERS A CONTINUUM OF WELLNESS AND ASSISTANCE-IN-LIVING PROGRAMS.

  • THE PRIMARY CONCEPT OF THE HILLS AT CORTLAND RIDGE WAS TO DEVELOP A COMMUNITY THAT PROVIDES A VARIETY OF INDEPENDENT LIVING ARRANGEMENTS AND OFERS A CONTINUUM OF WELLNESS AND ASSISTANCE-IN-LIVING PROGRAMS.

    Expenses $26,436,355 · Revenue $25,386,353

As filed on the 2024 return.

Listed in Part VII

  • Michael Libby

    COO

    Total calculated
    $0
    Hours/week
    5 + 35 related

  • Nicole Chwala

    CFO

    Total calculated
    $0
    Hours/week
    5 + 35 related

  • Matthew Mauthe

    CEO

    Total calculated
    $0
    Hours/week
    5 + 35 related

  • Terry Schleif

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Kim Suhs

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Jim Fett

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

  • Mike Krolczyk

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1 + 3 related

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.

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • LINDENGROVE COMMUNITIES

    SKILLED NURSING AND ASSITED LIVING · WI

  • MMS CHAPEL VALLEY LLC

    PROPERTY MANAGEMENT · WI

  • MMS TRIVERTON LLC

    PROPERTY MANAGEMENT · WI

  • MV21 LLC

    INDEPENDENT LIVING DUPLEXES · WI

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • MARQUARDT INVESTMENTS INC

    C · INVESTMENTS · WI

    Directly controlled by MARQUARDT VILLAGE

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2025
IRS schema version
2024v5.1
Source object
202541359349315479

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.