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MATHER INVESTMENTS NFP

EIN 36-4266878 EVANSTON, IL

Largest nonprofits in Illinois

Revenue 2024
$74,364,366
Expenses 2024
$113,855,175

Program services were 90.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
P81
Classification
1000
Street
1560 SHERMAN AVE STE 1010

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Other organizations at this address

5 other organizations in the IRS Business Master File list the same street address. matched by us

This address is a suite or unit (STE 1010). Organizations that share one are often clients of the same office-services firm, accountant or registered agent rather than related to each other.

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

MATHER INVESTMENTS, NFP ENHANCES THE LIVES OF OLDER ADULTS BY CREATING AND OPERATING SENIOR LIVING COMMUNITIES.

Activities or mission (Part I)

MATHER INVESTMENTS, NFP ENHANCES THE LIVES OF OLDER ADULTS BY CREATING AND (CONTINUED ON SCHEDULE O) OPERATING SENIOR LIVING COMMUNITIES.

  • MATHER INVESTMENTS, NFP FACILITATES THE OWNERSHIP AND OPERATIONS OF LIFE PLAN COMMUNITIES. WE ENHANCE THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. WE ARE DEDICATED TO PROVIDING A CONTINUUM OF LIVING AND CARE.

    Expenses $40,441,930 · Grants $18,168,255 · Revenue $31,338,675

  • MATHER INVESTMENTS, NFP CONTINUES ITS MISSION THROUGH ITS PARTICIPATION IN JOINT VENTURE OPERATIONS. THE JOINT VENTURES OPERATE LIFE PLAN COMMUNITIES.

    Expenses $63,089,444 · Revenue $42,664,922

As filed on the 2024 return.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Mary G Leary

    PRESIDENT & CEO

    Total calculated
    $2,061,920
    From this org
    $0
    From related orgs
    $1,875,195
    Other
    $186,725
    Hours/week
    0.1 + 60.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $808,633 related
    Bonus
    $0 + $682,539 related
    Other
    $0 + $384,023 related
    Deferred
    $0 + $150,150 related
    Nontaxable benefits
    $0 + $36,575 related
    Filer's total
    $0 + $2,061,920 related
  • John R Phillips

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.1 + 4.4 related
  • Jenny Chan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1 + 2.1 related
  • Julie Riggs

    SECRETARY

    Total calculated
    $260,048
    From this org
    $0
    From related orgs
    $211,471
    Other
    $48,577
    Hours/week
    0.1 + 49.9 related

    Schedule J breakdown matched by us

    Base
    $0 + $174,054 related
    Bonus
    $0 + $27,086 related
    Other
    $0 + $10,331 related
    Deferred
    $0 + $15,417 related
    Nontaxable benefits
    $0 + $33,160 related
    Filer's total
    $0 + $260,048 related
  • Mary Schoeggl

    CFO

    Total calculated
    $461,731
    From this org
    $0
    From related orgs
    $409,108
    Other
    $52,623
    Hours/week
    0.1 + 50.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $403,357 related
    Bonus
    $0
    Other
    $0 + $5,751 related
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $28,473 related
    Filer's total
    $0 + $461,731 related
  • Christopher Manella

    SVP FINANCE & TREASURER

    Total calculated
    $569,035
    From this org
    $0
    From related orgs
    $511,159
    Other
    $57,876
    Hours/week
    0.1 + 50.3 related

    Schedule J breakdown matched by us

    Base
    $0 + $269,407 related
    Bonus
    $0 + $147,000 related
    Other
    $0 + $94,752 related
    Deferred
    $0 + $24,150 related
    Nontaxable benefits
    $0 + $33,726 related
    Filer's total
    $0 + $569,035 related
  • Kristina Pare

    DIRECTOR OF SALES

    Total calculated
    $329,026
    From this org
    $279,888
    From related orgs
    $0
    Other
    $49,138
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $151,939
    Bonus
    $126,413
    Other
    $1,536
    Deferred
    $20,232
    Nontaxable benefits
    $28,906
    Filer's total
    $329,026
  • Maria Parham

    CARE CENTER ADMINISTRATOR

    Total calculated
    $186,783
    From this org
    $159,199
    From related orgs
    $0
    Other
    $27,584
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $145,935
    Bonus
    $11,224
    Other
    $2,040
    Deferred
    $11,377
    Nontaxable benefits
    $16,207
    Filer's total
    $186,783
  • Peter Muhlbach

    GENERAL MANAGER

    Total calculated
    $308,076
    From this org
    $259,698
    From related orgs
    $0
    Other
    $48,378
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $243,430
    Bonus
    $10,000
    Other
    $6,268
    Deferred
    $18,393
    Nontaxable benefits
    $29,985
    Filer's total
    $308,076
  • Beth Benswanger

    DESIGN & MOVE-IN COORDINATOR

    Total calculated
    $187,443
    From this org
    $161,933
    From related orgs
    $0
    Other
    $25,510
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $116,564
    Bonus
    $44,900
    Other
    $469
    Deferred
    $11,543
    Nontaxable benefits
    $13,967
    Filer's total
    $187,443
  • Rajesh Radke

    GENERAL MANAGER

    Total calculated
    $390,871
    From this org
    $341,252
    From related orgs
    $0
    Other
    $49,619
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $296,964
    Bonus
    $34,200
    Other
    $10,088
    Deferred
    $21,279
    Nontaxable benefits
    $28,340
    Filer's total
    $390,871
  • Carol L Sussenbach

    FORMER CFO & TREASURER

    Total calculated
    $195,895
    From this org
    $0
    From related orgs
    $195,895
    Other
    $0
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0 + $72,134 related
    Other
    $0 + $123,761 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $195,895 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. 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $74,364,366
    Expenses
    $113,855,175
    Contributions
    $0
    Grants paid
    $18,168,255
  • 2023
    Revenue
    $48,376,580
    Expenses
    $43,088,634
    Contributions
    $0
    Grants paid
    $12,694,162
  • 2022
    Revenue
    $36,776,934
    Expenses
    $32,758,458
    Contributions
    $0
    Grants paid
    $7,564,471

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $27,896,059
    Expenses
    $29,978,439
    Assets (EOY)
    $54,973,565
  • 2020 · 990

    Revenue
    $28,776,469
    Expenses
    $29,340,892
    Assets (EOY)
    $40,153,172
  • 2019 · 990

    Revenue
    $33,615,706
    Expenses
    $27,724,415
    Assets (EOY)
    $33,162,311
  • 2018 · 990

    Revenue
    $28,863,407
    Expenses
    $24,611,306
    Assets (EOY)
    $10,824,935
  • 2017 · 990

    Revenue
    $21,402,670
    Expenses
    $23,360,899
    Assets (EOY)
    $4,280,710
  • 2016 · 990

    Revenue
    $19,176,932
    Expenses
    $22,591,818
    Assets (EOY)
    $437,380
  • 2015 · 990

    Revenue
    $22,996,514
    Expenses
    $20,391,614
    Assets (EOY)
    $2,554,259
  • 2014 · 990

    Revenue
    $21,500,274
    Expenses
    $20,382,568
    Assets (EOY)
    $1,955,411
  • 2013 · 990

    Revenue
    $16,624,608
    Expenses
    $20,516,705
    Assets (EOY)
    $1,858,910
  • 2012 · 990

    Revenue
    not reported
    Expenses
    $17,032,875
    Assets (EOY)
    $3,975,399

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Disregarded entities on its 2024 return

  • TUCSON MATHER LLC

    HOLDING COMPANY · IL · income $5,000,000 · assets $0

  • TUCSON MATHER MANAGEMENT LLC

    MANAGEMENT SERVICES · IL · income $18,187,253 · assets $3,670,909

  • VIRGINIA MATHER MANAGEMENT LLC

    MANAGEMENT SERVICES · IL · income $9,658,155 · assets $5,835,180

  • VIRGINIA MATHER LPC LLC

    HOLDING COMPANY · IL · income $0 · assets $16,965,342

  • VIRGINIA MATHER DEVELOPMENT LLC

    DEVELOPMENT · IL · income $2,498,371 · assets $2,665,271

Related partnerships on its 2024 return

  • TUCSON MATHER PLAZA LLC -

    RELATED · SENIOR LIVING · AZ · 50% owned · share of income $1,268,583 · share of assets $59,982,074 · general or managing partner

  • TYSONS HOLDINGS LPC LLC

    RELATED · HOLDING CO · IL · 50% owned · share of income -$26,693,105 · share of assets $238,871,488 · general or managing partner

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.