Form 990 for tax year 2023

Totals

Total revenue

$2,518,353

Total expenses

$2,373,140

Contributions and grants received

$144,204

Grants paid

$0

Program service revenue

$2,059,640

Investment income

$89,545

Other revenue

$224,964

Total assets, end of year

$5,141,716

Total liabilities, end of year

$910,406

Net assets or fund balances, end of year

$4,231,310

Program services expenses (Part IX)

— not reported

Management and general expenses

— not reported

Fundraising expenses

— not reported

Program service expenses (Part III)

— not reported

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.

Mission and programs · 2023

• GOVERNMENT RELATIONS: LEADINGAGE ILLINOIS PROVIDES ADVOCACY AND REGULATORY TECHNICAL SUPPORT TO MEMBERS, INCLUDING STATE AND FEDERAL ADVOCACY REPRESENTATION. ACTIVITIES INCLUDE EDUCATION AND UPDATES TO MEMBERS ON THE IMPACT OF RECENT AND ANTICIPATED LEGISLATION, REGULATORY CHANGES AFFECTING SERVICE PROVIDERS AND RESIDENTS. LEADINGAGE ILLINOIS ALSO EDUCATES AND ALERTS LEGISLATORS ON ISSUES AND INTERESTS OF THE SENIOR CARE INDUSTRY, INCLUDING COORDINATING LEGISLATOR VISITS AND PROVIDING QUANTITATIVE SUPPORT OF LEGISLATIVE CHALLENGES. IN 2023, LEADINGAGE ILLINOIS PASSED LEGISLATION TO CREATE A CONTINUING CARE AT HOME PROGRAM, REMOVED LANGUAGE FROM THE ASSISTED LIVING AND SHARED HOUSING ACT PROHIBITING A PERSON FROM BEING ACCEPTED FOR RESIDENCY TO AN ASSISTED LIVING ESTABLISHMENT IF THE PERSON REQUIRES SLIDING SCALE INSULIN, SECURED A RATE INCREASE FOR ADULT DAY SERVICES, PASSED LEGISLATION TO REQUIRE THE GOVERNOR TO ESTABLISH AN ASSISTED LIVING AND SHARED HOUSING ADVISORY BOARD TO INCLUDE REPRESENTATIVES, ADVOCATES, AND OTHER STAKEHOLDERS TO DISCUSS ASSISTED LIVING ISSUES AND RULES, DEFEATED PROPOSED REVISIONS TO THE ASSISTED LIVING AND SHARED HOUSING ESTABLISHMENT CODE THAT WOULD HAVE TRIPLED LICENSURE FEES AND ENDED PROVIDERS' OPPORTUNITY FOR STATEMENTS OF DISPUTE, DEFEATED LEGISLATION THAT WOULD CHANGE ENTRANCE FEE CONTRACTS THAT WOULD PUT AN ARBITRARY TIMELINE ON ENTRANCE FEE REFUNDS FOR LIFE PLAN COMMUNITIES, AND DEVELOPED THE NEW LEGISLATIVE VISIT TOOLKIT WHICH PROVIDES MEMBERS WITH THE TOOLS AND RESOURCES NEEDED TO SET UP AND CONDUCT A SUCCESSFUL SITE VISIT WITH YOUR ELECTED REPRESENTATIVES.

• EDUCATIONAL: LEADINGAGE ILLINOIS IS COMMITTED TO PROVIDING ITS MEMBERS WITH THE BEST LEARNING OPPORTUNITIES FOR THE MOST EFFECTIVE COSTS. WITH ITS COUNTLESS EDUCATIONAL SESSIONS, CONFERENCES, SEMINARS, AND WORKSHOPS, LEADINGAGE IL WORKS TO ADVANCE ITS MEMBERS' UNDERSTANDING OF THE MOST IMPORTANT ISSUES IN THE ADULT CARE INDUSTRY. IN 2023, LEADINGAGE ILLINOIS CONNECTED OVER 1,000 ATTENDEES AT THE ANNUAL MEETING AND EXPO FOCUSING ON STRATEGIES FOR THRIVING IN THE RAPIDLY CHANGING SENIOR LIVING AND SERVICES ENVIRONMENT, DELIVERED 25 PROGRAMS IN PERSON AND/OR ONLINE, 11 OF WHICH WERE OFFERED AT NO CHARGE TO MEMBERS, OFFERED A TOTAL OF 90 CONTINUING EDUCATION HOURS TO DATE, HOSTED A RECORD-BREAKING ASSISTED LIVING BOOTCAMP IN TWO LOCATIONS WITH OVER 160 ATTENDEES, AND HOSTED A LEGAL WEBINAR SERIES WITH SIX DIFFERENT TOPICS AND PRESENTERS REPRESENTING THREE DIFFERENT LAW FIRMS.

• MEMBERSHIP SERVICES: LEADINGAGE ILLINOIS IS A STATEWIDE ASSOCIATION DEDICATED TO REPRESENTING THE LEADING PROVIDERS OF THE COMPLETE CONTINUUM OF SERVICES FOR OLDER ADULTS, INCLUDING NURSING CARE, ASSISTED AND SUPPORTIVE LIVING, SENIOR HOUSING AND HOME AND COMMUNITY BASED SERVICES. LEADINGAGE ILLINOIS IS HIGHLY COMMITTED TO THE ADVANCEMENT OF QUALITY AND INNOVATION IN OLDER ADULT SERVICES.IN 2023, LEADINGAGE ILLINOIS LAUNCHED A NEW MEMBER DATABASE, MEMBER CLICKS, ALLOWING MEMBERS TO ACCESS AND UPDATE THEIR MEMBER RECORDS, DEVELOPED THE WORKFORCE SOLUTIONS TOOLKIT LOADED WITH RESOURCES AND TOOLS TO HELP MEMBERS WITH HIRING, ONBOARDING, RETENTION NEEDS AND MORE, CREATED AN ONLINE ARCHIVE OF EMERGING LEADERS PROFESSIONAL DEVELOPMENT SESSIONS AIMED AT PROVIDING SELF-GUIDED SKILLS DEVELOPMENT OPPORTUNITIES, PRODUCED ELECTRONIC RENEWAL COMMUNICATIONS TO MAKE MEMBER RENEWAL HALLS FREE, AND OFFERED 800+ JOB LISTINGS ON THE LEADINGAGE ILLINOIS JOB BOARD. THROUGH THE PARTNERSHIP WITH VALUE FIRST, MEMBERS SAVED ROUGHLY $355,000 ON NEW FOOD ACCOUNTS, APPROXIMATELY $40,000 ON MEDICAL, AND $45,000 WITH OTHER VENDOR PARTNERS, PARTNERS WITH VALUE FIRST VENDORS TO SHARE INSIGHTS ON HELPING MEMBERS WITH SAVINGS SOLUTIONS THROUGH PRESENTATIONS AT THE ANNUAL MEETING AND EXPO, WORKSHOPS, WEBINARS, AND INDIVIDUAL SITE VISITS, AND DELIVERED TO VALUE FIRST ILLINOIS MEMBERS' SITES PROVIDING AN AVERAGE OF 12% SAVINGS ACROSS ALL CATEGORIES.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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.

• LIFE SERVICES NETWORK FOUNDATION

  501(C)(3) · RETIREMENT HOME INDUSTRY EDUCATION · IL · controlled entity

Provenance

Return type

form_990

Tax year

2023

Filed

21 August 2024

IRS schema version

2023v5.1

Source object

202402349349300435

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