Totals
- Total revenue
- $28,834,097
- Total expenses
- $32,744,755
- Contributions and grants received
- $2,358,026
- Grants paid
- $197,818
- Program service revenue
- $25,137,670
- Investment income
- $778,041
- Other revenue
- $560,360
- Total assets, end of year
- $139,764,357
- Total liabilities, end of year
- $291,700,485
- Net assets or fund balances, end of year
- -$151,936,128
- Program services expenses (Part IX)
- $26,444,421
- Management and general expenses
- $6,300,334
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $26,444,421
Program services were 80.8% 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.
-
1d · Related organizations
$382,221
-
1e · Government grants (contributions)
$1,671,319
-
1f · All other contributions, gifts and grants
$304,486
-
2a · Program service revenue: RESIDENT FEES FOR SERVICES
total $12,743,634 · related or exempt $12,743,634
-
2b · Program service revenue: HEALTH CENTER FEES
total $8,543,867 · related or exempt $8,543,867
-
2c · Program service revenue: AMORTIZATION OF DEFERRED REVENUE
total $3,511,079 · related or exempt $3,511,079
-
2d · Program service revenue: ADDITIONAL RESIDENT FOOD SERVICES
total $339,090 · related or exempt $339,090
-
3 · Investment income
total $680,507 · excluded $680,507
-
6a · Gross rents
real property $49,973
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $49,973
-
6d · Net rental income or loss
total $49,973 · excluded $49,973
-
7a · Gross sales of assets other than inventory
securities $1,229,357
-
7b · Less cost or other basis and sales expenses
securities $1,131,823
-
7c · Gain or loss
securities $97,534
-
7d · Net gain or loss
total $97,534 · excluded $97,534
-
11a · Other revenue: TRANSPORTATION SERVICES
total $118,247 · excluded $118,247
-
11b · Other revenue: RESIDENT GUEST SERVICES
total $44,505 · excluded $44,505
-
11d · All other revenue
total $347,635 · excluded $347,635
-
11e · Other revenue, total
$510,387
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $197,818 · program services $197,818
-
5 · Compensation of officers, directors and key employees
total $1,487,731 · management and general $1,487,731
-
7 · Other salaries and wages
total $8,174,500 · program services $7,478,239 · management and general $696,261
-
8 · Pension plan contributions
total $1,345,644 · program services $35,261 · management and general $1,310,383
-
10 · Payroll taxes
total $688,842 · program services $544,003 · management and general $144,839
-
11b · Fees: legal
total $43,632 · management and general $43,632
-
11c · Fees: accounting
total $429,171 · management and general $429,171
-
11g · Fees: other
total $1,601,162 · program services $830,777 · management and general $770,385
-
12 · Advertising and promotion
total $521,212 · management and general $521,212
-
13 · Office expenses
total $253,838 · program services $118,687 · management and general $135,151
-
14 · Information technology
total $542,446 · program services $55,374 · management and general $487,072
-
16 · Occupancy
total $1,093,610 · program services $1,093,610
-
17 · Travel
total $14,856 · program services $1,027 · management and general $13,829
-
19 · Conferences, conventions and meetings
total $38,126 · program services $5,601 · management and general $32,525
-
20 · Interest
total $7,483,903 · program services $7,483,903
-
22 · Depreciation, depletion and amortization
total $5,521,728 · program services $5,521,728
-
23 · Insurance
total $193,308 · management and general $193,308
-
24a · Other expenses: FOOD COSTS
total $1,232,402 · program services $1,232,402
-
24b · Other expenses: PURCHASED SERVICES
total $643,410 · program services $643,410
-
24c · Other expenses: SUPPLIES AND INVENTORY
total $475,594 · program services $475,594
-
24d · Other expenses: OTHER EXPENSES
total $365,700 · program services $348,407 · management and general $17,293
-
24e · All other expenses
total $396,122 · program services $378,580 · management and general $17,542
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $5,146,209 · end of year $6,721,863
-
4 · Accounts receivable
beginning of year $1,222,223 · end of year $3,143,040
-
9 · Prepaid expenses and deferred charges
beginning of year $234,295 · end of year $299,733
-
10a · Land, buildings and equipment: cost or other basis
$162,223,755
-
10b · Land, buildings and equipment: accumulated depreciation
$58,714,648
-
10c · Land, buildings and equipment, net
beginning of year $104,901,218 · end of year $103,509,107
-
11 · Investments: publicly traded securities
beginning of year $23,038,249 · end of year $23,932,098
-
15 · Other assets
beginning of year $2,036,934 · end of year $2,158,516
-
17 · Accounts payable and accrued expenses
beginning of year $2,995,741 · end of year $3,768,022
-
19 · Deferred revenue
beginning of year $134,239,984 · end of year $143,330,823
-
20 · Tax-exempt bond liabilities
beginning of year $139,812,206 · end of year $138,046,404
-
25 · Other liabilities
beginning of year $18,639,164 · end of year $6,555,236
-
27 · Net assets without donor restrictions
beginning of year -$160,769,817 · end of year -$153,732,747
-
28 · Net assets with donor restrictions
beginning of year $1,661,850 · end of year $1,796,619
Mission and programs · 2024
Mission
TO BUILD A VIBRANT COMMUNITY SO THAT RESIDENTS, EMPLOYEES, AND ANYONE COMING INTO CONTACT WITH THE ADMIRAL MAY LEAD FULL AND AUTHENTIC LIVES OF PURPOSE.
Activities or mission (Part I)
TO BUILD A VIBRANT COMMUNITY SO THAT WE MAY EACH LEAD FULL AND AUTHENTIC LIVES OF PURPOSE.
-
THE ADMIRAL AT THE LAKE (THE ADMIRAL) IS A NON-PROFIT CONTINUING CARE RETIREMENT COMMUNITY, OR LIFE PLAN COMMUNITY, IN CHICAGO, ILLINOIS CONSISTING OF 196 INDEPENDENT LIVING APARTMENTS, 39 ASSISTED LIVING SUITES, 17 MEMORY CARE UNITS, AND 36 PRIVATE SKILLED NURSING BEDS. CONSTRUCTION OF THIS NEW BUILDING WAS SUBSTANTIALLY COMPLETED IN 2012. IN 2024, THE ADMIRAL AT THE LAKE FULFILLED ITS MISSION AND CHARITABLE PURPOSE BY PROVIDING HOUSING, HEALTHCARE, AND SUPPORTIVE SERVICES TO MORE THAN 450 OLDER ADULTS AGED 62 OR BETTER. AS OF DECEMBER 31, 2024, THE COMMUNITY MAINTAINED A 96% OCCUPANCY RATE ACROSS 196 INDEPENDENT LIVING APARTMENTS, ALONG WITH ASSISTED LIVING, MEMORY SUPPORT, AND SKILLED NURSING RESIDENCES THAT PROVIDE A FULL CONTINUUM OF CARE. THE ADMIRAL OFFERS A COMPREHENSIVE WELLNESS AND LIFESTYLE PROGRAM DESIGNED TO SUPPORT RESIDENTS' PHYSICAL, EMOTIONAL, AND SOCIAL WELL-BEING. AMENITIES INCLUDE A FULLY EQUIPPED FITNESS CENTER, INDOOR HEATED POOL, AND PERSONALIZED WELLNESS COACHING FOCUSED ON BALANCE, STRENGTH, AND OVERALL HEALTH. RESIDENTS ALSO BENEFIT FROM PROGRAMS THAT FOSTER LIFELONG LEARNING, CREATIVITY, AND ENGAGEMENT THROUGH LECTURES, PERFORMING ARTS, CULTURAL OUTINGS, AND RESIDENT-LED INTEREST GROUPS. A LICENSED DIETITIAN PROVIDES NUTRITION COUNSELING AND MEAL PLANNING SUPPORT, WHILE MULTIPLE DINING VENUES OFFER NUTRITIOUS, CHEF-PREPARED MEALS TAILORED TO INDIVIDUAL NEEDS.RESIDENTS ENTERING INDEPENDENT LIVING SIGN LIFE CARE RESIDENCY AGREEMENTS THAT GUARANTEE LIFETIME ACCESS TO HOUSING, SERVICES, AND HEALTHCARE, WITH THE ASSURANCE THAT NO RESIDENT WILL LOSE THEIR HOME DUE TO FINANCIAL HARDSHIP. IN 2024, THE ADMIRAL PROVIDED OVER $193,000 IN DIRECT FINANCIAL SUPPORT AND SUBSIDY FOR ROOM AND BOARD, MEDICAL EXPENSES, AND STIPENDS, AND CONTINUED TO HONOR ITS COMMITMENTS TO COVER CERTAIN MEDICAL AND RELATED COSTS FOR QUALIFYING RESIDENTS UNDER LEGACY CONTRACTS.THE ADMIRAL'S MISSION EXTENDS BEYOND ITS WALLS TO THE BROADER CHICAGO COMMUNITY. IN 2024, THE ADMIRAL HOSTED LUNCHEONS FOR MORE THAN 100 STUDENTS AND TEACHERS FROM GOUDY SCHOOL AND PARTNERED WITH ST. IGNATIUS COLLEGE PREP TO CREATE INTERGENERATIONAL TUTORING OPPORTUNITIES WITH RESIDENTS. THE COMMUNITY SERVED AS A POLLING LOCATION FOR THE CHICAGO BOARD OF ELECTIONS AND REGULARLY OPENED ITS SPACES TO LOCAL GROUPS AND ORGANIZATIONS. RESIDENTS AND STAFF COLLECTIVELY CONTRIBUTED THOUSANDS OF VOLUNTEER HOURS TO LOCAL CAUSES, INCLUDING READING TO ELEMENTARY STUDENTS AND RAISING FUNDS FOR THE ALZHEIMER'S ASSOCIATION THROUGH THE WALK TO END ALZHEIMER'S. THE ADMIRAL ALSO SPEARHEADED NEIGHBORHOOD SUPPORT EFFORTS, INCLUDING SNOW REMOVAL IN SHARED ALLEYWAYS AND SIDEWALKS, AND ORGANIZED MULTIPLE COLLECTION DRIVES THROUGHOUT THE YEAR. A WINTER WEAR DRIVE DONATED MORE THAN 250 ITEMS OF CLOTHING TO CORNERSTONE COMMUNITY OUTREACH, WHILE THE QUARTERLY "TRASH TO TREASURE" PROGRAM ENCOURAGED REUSE AND CHARITABLE GIVING AMONG RESIDENTS AND STAFF.AS AN ACTIVE MEMBER OF THE UPTOWN AND EDGEWATER BUSINESS AND COMMUNITY ASSOCIATIONS, THE ADMIRAL PROVIDES SPACE FOR EDUCATIONAL AND NETWORKING EVENTS AND PROUDLY SUPPORTS UPTOWN PRIDE ACTIVITIES, UNDERSCORING ITS COMMITMENT TO INCLUSIVITY AND CIVIC ENGAGEMENT. THROUGH THESE EFFORTS, THE ADMIRAL AT THE LAKE CONTINUES TO SERVE AS A VITAL COMMUNITY RESOURCE AND FULFILL ITS MISSION TO ENHANCE THE LIVES OF OLDER ADULTS WHILE ENRICHING THE BROADER NEIGHBORHOOD IT CALLS HOME.
Expenses $26,444,421 · Grants $197,818 · Revenue $28,622,223
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
KIM BOIKE
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
SHARI DAW
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
CAROL WETMORE
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
JUSTIN BHANDARI
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
KATE BENSEN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
CHRIS BRAIER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NED BUDD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
TOYA CAMPBELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NICK FARMER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JON HOWE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
LAURA MCKEE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NAOKO MURAMATSU
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JORDAN SHIELDS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
TONI SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
JACKIE TAYLOR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
FRED WACKERLE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
NADIA N GEIGLER
CEO
- Total calculated
- $352,156
- From this org
- $348,732
- From related orgs
- $0
- Other
- $3,424
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $292,384
- Bonus
- $56,228
- Other
- $120
- Deferred
- $0
- Nontaxable benefits
- $3,424
- Filer's total
- $352,156
-
RICHARD ZIELINSKI
CFO
- Total calculated
- $233,846
- From this org
- $228,864
- From related orgs
- $0
- Other
- $4,982
- Hours/week
- 40 + 2 related
Schedule J breakdown matched by us
- Base
- $221,744
- Bonus
- $7,000
- Other
- $120
- Deferred
- $0
- Nontaxable benefits
- $4,982
- Filer's total
- $233,846
-
ERIKA KEEGAN
COO
- Total calculated
- $160,223
- From this org
- $158,388
- From related orgs
- $0
- Other
- $1,835
- Hours/week
- 32
Schedule J breakdown matched by us
- Base
- $154,280
- Bonus
- $4,000
- Other
- $108
- Deferred
- $0
- Nontaxable benefits
- $1,835
- Filer's total
- $160,223
-
KATHLEEN OBRIEN
DIRECTOR OF MARKETING
- Total calculated
- $149,182
- From this org
- $145,820
- From related orgs
- $0
- Other
- $3,362
- Hours/week
- 40
-
SARA M VARGHESE
ASSISTANT DIRECTOR OF NURS
- Total calculated
- $118,339
- From this org
- $114,751
- From related orgs
- $0
- Other
- $3,588
- Hours/week
- 40
-
BRITTANY G VIPHAM
DIR. OF PROJECT MANAGEMENT
- Total calculated
- $120,903
- From this org
- $118,871
- From related orgs
- $0
- Other
- $2,032
- Hours/week
- 40
-
MARY BETH LUTJEN
DIRECTOR OF CULINARY SERVICES
- Total calculated
- $111,580
- From this org
- $108,829
- From related orgs
- $0
- Other
- $2,751
- Hours/week
- 40
-
LINDA VESTRAND
DIRECTOR OF HR
- Total calculated
- $150,058
- From this org
- $146,446
- From related orgs
- $0
- Other
- $3,612
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $142,170
- Bonus
- $4,000
- Other
- $276
- Deferred
- $0
- Nontaxable benefits
- $3,612
- Filer's total
- $150,058
-
CHAIM DUBOVICK
DIRECTOR OF HEALTH SERVICES (FORMER)
- Total calculated
- $120,608
- From this org
- $117,030
- From related orgs
- $0
- Other
- $3,578
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $110,002
- Bonus
- $7,000
- Other
- $28
- Deferred
- $0
- Nontaxable benefits
- $3,578
- Filer's total
- $120,608
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 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7
- ANY BONUS PAID TO EMPLOYEES OTHER THAN THE CEO, ARE NON-FIXED PAYMENTS. THE CEO, CFO AND HUMAN RESOURCE GROUP EVALUATE THE AVAILABLE RESOURCES OF THE ORGANIZATION, AN INDIVIDUAL'S PERFORMANCE AND THEIR LENGTH OF SERVICE TO DETERMINE A BONUS THAT IS REASONABLE AS COMPARED TO THOSE FACTORS. THE CFO RECUSES THEMSELVES FROM THE EVALUATION OF THEIR OWN BONUS. THE FOLLOWING INDIVIDUALS RECEIVED A NON-FIXED PAYMENT BONUS AS DESCRIBED ABOVE IN 2024; THE BONUS WAS INCLUDED IN W-2 WAGES: NADIA N. GEIGLER,CEO - $56,228 RICHARD ZIELINSKI,CFO - $7,000 CHAIM DUBOVICK,DIRECTOR OF HEALTH SERVICES (PREVIOUS) - $7,000 KATHLEEN OBRIEN,DIRECTOR OF MARKETING - $39,800 ANGELA JALLOH,DIRECTOR OF NURSING (PREVIOUS)- $2,000 SARA M. VARGHESE,ASSISTANT DIRECTOR OF NURSING - $1,369.47 BRITTANY G. VIPHAM,DIR. OF PROJECT MANAGEMENT - $11,082 MARY BETH LUTJEN,DIRECTOR OF CULINARY SERVICES - $4,000 LINDA VESTRAND,DIRECTOR OF HR - $4,000 ERIKA KEEGAN,COO - $4,000 CHANTILE CHINE,DIRECTOR OF NURSING - $833.33 HELEN DITTMER,DIRECTOR OF HEALTH SERVICES - $666.67
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 ADMIRAL AT THE LAKE FOUNDATION
501(C)(3) · PROVIDING FINANCIAL SUPPORT FOR RELATED TAX EXEMPT ORGANIZATIONS · IL · controlled entity
Directly controlled by THE ADMIRAL AT THE LAKE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503219349304155
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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