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Nonprofiteer
← OAKWOOD VILLAGE UNIVERSITY WOODS HOMES INC

Form 990 for tax year 2025

Filed by OAKWOOD VILLAGE UNIVERSITY WOODS HOMES INC.

Totals

Total revenue
$19,036,638
Total expenses
$24,662,947
Contributions and grants received
$687,418
Grants paid
$0
Program service revenue
$17,628,576
Investment income
$673,661
Other revenue
$46,983
Total assets, end of year
$70,008,290
Total liabilities, end of year
$96,513,199
Net assets or fund balances, end of year
-$26,504,909
Program services expenses (Part IX)
$22,371,240
Management and general expenses
$2,291,707
Fundraising expenses
$0
Program service expenses (Part III)
$22,371,240

Program services were 90.7% 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.

  • 1d · Related organizations

    $687,418

  • 2a · Program service revenue: NET SERVICE FEES

    total $17,628,576 · related or exempt $17,628,576

  • 3 · Investment income

    total $713,241 · excluded $713,241

  • 7a · Gross sales of assets other than inventory

    securities $5,858,694

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

    securities $5,858,395 · other assets $39,879

  • 7c · Gain or loss

    securities $299 · other assets -$39,879

  • 7d · Net gain or loss

    total -$39,580 · excluded -$39,580

  • 11a · Other revenue: MISCELLANEOUS

    total $46,983 · related or exempt $46,983

  • 11e · Other revenue, total

    $46,983

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $279,816 · program services $209,862 · management and general $69,954

  • 7 · Other salaries and wages

    total $10,684,819 · program services $9,809,628 · management and general $875,191

  • 8 · Pension plan contributions

    total $363,933 · program services $336,640 · management and general $27,293

  • 9 · Other employee benefits

    total $1,417,915 · program services $1,141,642 · management and general $276,273

  • 10 · Payroll taxes

    total $804,452 · program services $742,837 · management and general $61,615

  • 11b · Fees: legal

    total $35,882 · management and general $35,882

  • 11c · Fees: accounting

    total $49,840 · program services $18,589 · management and general $31,251

  • 11f · Fees: investment management

    total $36,122 · management and general $36,122

  • 11g · Fees: other

    total $523,522 · program services $292,245 · management and general $231,277

  • 12 · Advertising and promotion

    total $87,135 · program services $36,992 · management and general $50,143

  • 13 · Office expenses

    total $281,985 · program services $276,490 · management and general $5,495

  • 14 · Information technology

    total $414,437 · program services $262,739 · management and general $151,698

  • 16 · Occupancy

    total $958,528 · program services $942,492 · management and general $16,036

  • 17 · Travel

    total $11,525 · program services $7,899 · management and general $3,626

  • 20 · Interest

    total $1,508,437 · program services $1,497,479 · management and general $10,958

  • 22 · Depreciation, depletion and amortization

    total $2,784,959 · program services $2,584,453 · management and general $200,506

  • 23 · Insurance

    total $234,842 · program services $36,302 · management and general $198,540

  • 24a · Other expenses: PHARMACY

    total $2,762,270 · program services $2,762,270

  • 24b · Other expenses: DINING FOOD COST

    total $576,529 · program services $576,529

  • 24c · Other expenses: ASSET IMPAIRMENT

    total $393,783 · program services $385,233 · management and general $8,550

  • 24d · Other expenses: OPERATING AND MEDICAL S

    total $246,483 · program services $245,186 · management and general $1,297

  • 24e · All other expenses

    total $205,733 · program services $205,733

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,260,484 · end of year $5,003,537

  • 2 · Savings and temporary cash investments

    beginning of year $11,643,668 · end of year $15,793,733

  • 4 · Accounts receivable

    beginning of year $7,654,624 · end of year $974,152

  • 8 · Inventories for sale or use

    beginning of year $280,232 · end of year $274,460

  • 9 · Prepaid expenses and deferred charges

    beginning of year $854,950 · end of year $586,816

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

    $64,349,966

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

    $23,479,427

  • 10c · Land, buildings and equipment, net

    beginning of year $42,293,057 · end of year $40,870,539

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $3,862,414

  • 14 · Intangible assets

    beginning of year $268,428 · end of year $0

  • 15 · Other assets

    beginning of year $2,339,555 · end of year $2,642,639

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,412,038 · end of year $8,130,466

  • 19 · Deferred revenue

    beginning of year $26,768 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $42,347,416 · end of year $41,641,475

  • 25 · Other liabilities

    beginning of year $40,788,413 · end of year $46,741,258

  • 27 · Net assets without donor restrictions

    beginning of year -$21,676,545 · end of year -$27,253,343

  • 28 · Net assets with donor restrictions

    beginning of year $696,908 · end of year $748,434

Mission and programs · 2025

Mission

OAKWOOD IS CALLED TO SERVE A THRIVING COMMUNITY WHERE SENIORS LIVE WITH DIGNITY, CONNECTION, AND PURPOSE.

Activities or mission (Part I)

OAKWOOD IS A LUTHERAN CHURCH SPONSORED ORGANIZATION WHOSE MISSION IS TO SERVE AGING ADULTS. WE ARE CALLED TO SERVE A THRIVING COMMUNITY WHERE SENIORS LIVE WITH DIGNITY, CONNECTION, AND PURPOSE.

  • HEBRON OAKS IS A 60 BED SKILLED NURSING FACILITY, PROVIDING NURSING SERVICES, THERAPY SERVICES, NUTRITION MANAGEMENT, MEDICATION MANAGEMENT, AND LIFE ENRICHMENT ACTIVITIES. DURING 2025, THERE WERE 14,720 CENSUS DAYS OF CARE FOR THESE RESIDENTS. PAYER SOURCES FOR THESE RESIDENT DAYS INCLUDE PRIVATE PAY, MEDICARE, MANAGED CARE, AND MEDICAID. SOME OF THESE PAYER SOURCES DO NOT COVER THE FULL COST OF CARE. HOUSEKEEPING, LAUNDRY, PLANT OPERATIONS/MAINTENANCE, PHARMACY AND REHABILITATION SERVICES ARE ALSO PROVIDED AS PART OF THE OVERALL SERVICES RENDERED. RESIDENTS WHO ARE NOT ELIGIBLE FOR PUBLIC ASSISTANCE AND ARE UNABLE TO PAY MAY BE SUBSIDIZED INTERNALLY.

    Expenses $12,963,770 · Revenue $8,116,692

  • COVENANT OAKS IS A 40 BED DEMENTIA-SPECIFIC ASSISTED LIVING FACILITY. DURING 2025, THERE WERE 13,884 CENSUS DAYS OF CARE FOR THESE RESIDENTS. PAYER SOURCES FOR THESE RESIDENTS INCLUDE PRIVATE PAY AND LIMITED MEDICAID-TYPE PROGRAMS. RESIDENTS WHO ARE NOT ELIGIBLE FOR PUBLIC ASSISTANCE AND ARE UNABLE TO PAY MAY BE SUBSIDIZED INTERNALLY. THE SERVICES PROVIDED INCLUDE NURSING, RESIDENT ASSISTANCE, NUTRITION MANAGEMENT, MEDICATION MANAGEMENT, LIFE ENRICHMENT ACTIVITIES AND PASTORAL CARE.

    Expenses $3,914,410 · Revenue $4,894,590

  • OAKWOOD PHARMACY IS A FULL SERVICE PHARMACY PROVIDING PRESCRIPTION FULFILLMENT, MEDICATION MANAGEMENT, AND RESIDENT CONSULTING SERVICES TO ALL OAKWOOD RESIDENTS.

    Expenses $4,309,616 · Revenue $4,097,722

  • HOME HEALTH PROVIDES PHYSICAL THERAPY, OCCUPATIONAL THERAPY, AND SKILLED NURSING SERVICES TO OAKWOOD RESIDENTS, AS WELL AS OFF-CAMPUS PATIENTS. PAYER SOURCES FOR THESE SERVICES INCLUDE MEDICARE PART A AND SELECT MEDICARE ADVANTAGE PLANS. HOSPICE PROVIDES MEDICAL, EMOTIONAL, AND SPIRITUAL CARE FOR RESIDENTS AND THEIR LOVED ONES WHEN THEY NEED IT MOST. PAYER SOURCES FOR THESE SERVICES MEDICARE PART A AND HOSPICE BENEFITS PROVIDED BY SOME PRIVATE INSURANCE COMPANIES.

    Expenses $1,183,444 · Revenue $566,555

As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Kevin Hayden

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • Tom Vercauteren

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Mary Metz

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Terry Gibson

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Jeff Mayers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Janice Hamilton-Crawford

    CEO

    Total calculated
    $547,665
    From this org
    $521,118
    From related orgs
    $0
    Other
    $26,547
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $499,808
    Bonus
    $0
    Other
    $21,310
    Deferred
    $12,250
    Nontaxable benefits
    $14,297
    Filer's total
    $547,665

  • Christine O'Donnell

    CFO

    Total calculated
    $285,156
    From this org
    $274,858
    From related orgs
    $0
    Other
    $10,298
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $261,274
    Bonus
    $12,024
    Other
    $1,560
    Deferred
    $9,198
    Nontaxable benefits
    $1,100
    Filer's total
    $285,156

  • Susan Rafferty

    CHIEF HUMAN RESOURCES OFFICER

    Total calculated
    $286,444
    From this org
    $266,859
    From related orgs
    $0
    Other
    $19,585
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $264,402
    Bonus
    $0
    Other
    $2,457
    Deferred
    $8,885
    Nontaxable benefits
    $10,700
    Filer's total
    $286,444

  • Mary Barros

    VP CAPITAL PROJECTS AND FACILITIES

    Total calculated
    $211,312
    From this org
    $207,363
    From related orgs
    $0
    Other
    $3,949
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $194,567
    Bonus
    $12,400
    Other
    $396
    Deferred
    $2,622
    Nontaxable benefits
    $1,327
    Filer's total
    $211,312

  • Musa Suwareh

    REGISTERED NURSE

    Total calculated
    $197,835
    From this org
    $196,824
    From related orgs
    $0
    Other
    $1,011
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $195,674
    Bonus
    $1,150
    Other
    $0
    Deferred
    $810
    Nontaxable benefits
    $201
    Filer's total
    $197,835

  • Susan Husom

    HOSPITAL CLINICAL DIRECTOR

    Total calculated
    $217,828
    From this org
    $193,232
    From related orgs
    $0
    Other
    $24,596
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $183,513
    Bonus
    $6,500
    Other
    $3,219
    Deferred
    $6,563
    Nontaxable benefits
    $18,033
    Filer's total
    $217,828

  • Angela Studnicka

    PHARMACY DIRECTOR

    Total calculated
    $235,948
    From this org
    $191,824
    From related orgs
    $0
    Other
    $44,124
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $185,253
    Bonus
    $6,511
    Other
    $60
    Deferred
    $17,838
    Nontaxable benefits
    $26,286
    Filer's total
    $235,948

  • Amber Donovan

    ED OF UW

    Total calculated
    $188,542
    From this org
    $187,592
    From related orgs
    $0
    Other
    $950
    Hours/week
    20 + 20 related

    Schedule J breakdown matched by us

    Base
    $180,731
    Bonus
    $6,739
    Other
    $122
    Deferred
    $0
    Nontaxable benefits
    $950
    Filer's total
    $188,542

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 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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

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.

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.

  • OAKWOOD ACQUISITIONS LLC

    LAND HOLDING COMPANY · WI · income $0 · assets $2,424,827

    Directly controlled by OAKWOOD VILLAGE UNIVERSITY WOODS HOMES INC

Provenance

Return type
form_990
Tax year
2025
Filed
16 September 2026
IRS schema version
2025v4.2
Source object
202622619349301217

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