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Nonprofiteer
← ST COLETTAS OF ILLINOIS FOUNDATION

Form 990 for tax year 2022

Filed by ST COLETTAS OF ILLINOIS FOUNDATION.

Totals

Total revenue
$3,880,780
Total expenses
$806,909
Contributions and grants received
$414,537
Grants paid
$158,087
Program service revenue
$788,607
Investment income
$2,596,953
Other revenue
$80,683
Total assets, end of year
$17,684,634
Total liabilities, end of year
$119,285
Net assets or fund balances, end of year
$17,565,349
Program services expenses (Part IX)
$573,697
Management and general expenses
$61,486
Fundraising expenses
$171,726
Program service expenses (Part III)
$573,697

Program services were 71.1% 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

    $29,250

  • 1e · Government grants (contributions)

    $48,710

  • 1f · All other contributions, gifts and grants

    $336,577

  • 2a · Program service revenue: RENTAL INCOME

    total $788,607 · related or exempt $788,607

  • 3 · Investment income

    total $25,978 · excluded $25,978

  • 7a · Gross sales of assets other than inventory

    other assets $5,798,830

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

    other assets $3,227,855

  • 7c · Gain or loss

    other assets $2,570,975

  • 7d · Net gain or loss

    total $2,570,975 · related or exempt $2,570,975

  • 8a · Fundraising events: gross income

    $121,450

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

    $29,250

  • 8b · Fundraising events: direct expenses

    $47,618

  • 8c · Net income from fundraising events

    total $73,832 · excluded $73,832

  • 11a · Other revenue: MISCELLANEOUES

    total $6,851 · excluded $6,851

  • 11e · Other revenue, total

    $6,851

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $158,087 · program services $158,087

  • 7 · Other salaries and wages

    total $102,811 · management and general $25,703 · fundraising $77,108

  • 9 · Other employee benefits

    total $1,226 · management and general $306 · fundraising $920

  • 10 · Payroll taxes

    total $7,888 · management and general $1,972 · fundraising $5,916

  • 11b · Fees: legal

    total $51,670 · fundraising $51,670

  • 11c · Fees: accounting

    total $17,200 · management and general $17,200

  • 11g · Fees: other

    total $2,310 · management and general $2,310

  • 13 · Office expenses

    total $4,196 · management and general $4,165 · fundraising $31

  • 16 · Occupancy

    total $25,687 · program services $25,237 · management and general $113 · fundraising $337

  • 20 · Interest

    total $7,415 · program services $7,415

  • 22 · Depreciation, depletion and amortization

    total $383,293 · program services $382,958 · management and general $84 · fundraising $251

  • 23 · Insurance

    total $20,307 · management and general $5,077 · fundraising $15,230

  • 24a · Other expenses: EVENT ADMIN

    total $16,335 · fundraising $16,335

  • 24b · Other expenses: MISCELLANEOUS EXPENSE

    total $8,484 · management and general $4,556 · fundraising $3,928

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,557,814 · end of year $4,363,063

  • 2 · Savings and temporary cash investments

    beginning of year $5,492 · end of year $0

  • 3 · Pledges and grants receivable

    beginning of year $3,021 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,003 · end of year $6,249

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

    $14,113,361

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

    $5,878,662

  • 10c · Land, buildings and equipment, net

    beginning of year $11,757,061 · end of year $8,234,699

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $5,080,623

  • 17 · Accounts payable and accrued expenses

    beginning of year $14,465 · end of year $74,600

  • 18 · Grants payable

    beginning of year $315,005 · end of year $6,521

  • 19 · Deferred revenue

    beginning of year $22,600 · end of year $38,164

  • 23 · Secured mortgages and notes payable

    beginning of year $545,326 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $14,155,123 · end of year $17,340,453

  • 28 · Net assets with donor restrictions

    beginning of year $278,872 · end of year $224,896

Mission and programs · 2022

Mission

ST. COLETTA'S OF ILLINOIS FOUNDATION'S MISSION IS TO PROVIDE SUPPORT AND FUNDING TO OTHER NOT-FOR-PROFIT ORGANIZATIONS WHO CARE FOR CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES IN THE AREAS OF RESIDENTIAL CARE, EDUCATIONAL PROGRAMS, MEDICAL CARE, RELIGIOUS AND PASTORAL CARE, VOCATIONAL SERVICES, AND SPECIALIZED FACILITIES. IN ADDITION, THE FOUNDATION PURCHASES GROUP HOMES WHICH ARE RENTED AS PART OF ITS RESIDENTIAL PROGRAM.

  • ST. COLETTA'S OF ILLINOIS FOUNDATION'S MISSION IS TO PROVIDE SUPPORT AND FUNDING TO OTHER NOT-FOR-PROFIT ORGANIZATIONS WHO CARE FOR CHILDREN AND ADULTS WITH DEVELOPMENTAL DISABILITIES IN THE AREAS OF RESIDENTIAL CARE, EDUCATIONAL PROGRAMS, MEDICAL CARE, RELIGIOUS AND PASTORAL CARE, VOCATIONAL SERVICES, AND SPECIALIZED FACILITIES. IN ADDITION, THE FOUNDATION PURCHASES GROUP HOMES WHICH ARE RENTED AS PART OF ITS RESIDENTIAL PROGRAM.

    Expenses $573,697 · Grants $158,087 · Revenue $3,359,582

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

Listed in Part VII

  • David G Seaman

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Jeff Kowalis

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Elaine Kindt

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Randle Carter

    VOTING BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sue Linn

    VOTING BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cassandra J Matz

    VOTING BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dan Michalak

    VOTING BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sr Mary Lea Schneider Osf

    VOTING BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sr Joanne Schatzlein Osf

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Annette Skafgaard

    EXECUTIVE DIRECTOR

    Total calculated
    $145,128
    From this org
    $0
    From related orgs
    $145,128
    Other
    $0
    Hours/week
    10 + 30 related

  • Geraldine Fernando

    CHIEF FINANCIAL OFFICER

    Total calculated
    $126,851
    From this org
    $0
    From related orgs
    $126,851
    Other
    $0
    Hours/week
    10 + 30 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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202401349349306140

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