Mosaic FY2024 filing

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Embracing god's call, Mosaic relentlessly pursues opportunities that empower people.

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$6.6M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $17.6M a year · 5% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$6.6M
to officers and key staff · 2% of spending
Looks good: pay to officers and key staff is 2% of spending; 15% or less.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $6K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$68.4M
30% of total assets
Looks good: liabilities are 30% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$374.2M
+6% vs prior year
Spent
$359.5M
To programs
85%
Net assets
$158.6M
By yearFY2020–FY2025
Revenue
$374.2M
FY2024▲ +6%
Tap a bar for its year
Revenue by fiscal year
FY2020$264.9M
FY2021$281.6M
FY2022$340.4M
FY2023$352.6M
FY2024$374.2M
FY2025$401.5M
Expenses
$359.5M
FY2024▲ +8%
Tap a bar for its year
Expenses by fiscal year
FY2020$250.8M
FY2021$272.2M
FY2022$317.9M
FY2023$332.4M
FY2024$359.5M
FY2025$376.7M
Net assets
$158.6M
FY2024▲ +15%
Tap a bar for its year
Net assets by fiscal year
FY2020$88.0M
FY2021$96.5M
FY2022$118.1M
FY2023$137.4M
FY2024$158.6M
FY2025$184.4M

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2006.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $306.9M Management & general 14% · $49.2M Fundraising 1% · $3.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

42 people listed on the 990; $6.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President and CEO
$673,617Pt VII · Sec A
Senior VP and CFO
$464,048Pt VII · Sec A
SR VP and General Counsel
$407,882Pt VII · Sec A
Cao & Foundation President
$372,224Pt VII · Sec A
SVP of Operations
$297,466Pt VII · Sec A
SVP of Human Resources
$290,511Pt VII · Sec A
SVP of Strategic Initiatives
$254,212Pt VII · Sec A
Associate VP of Finance
$238,857Pt VII · Sec A

Linda Timmons’s $981K as Chief Executive Officer is at the 91st percentile of top reported officer pay among 33 $100M+ housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Linda Timmons$980,676$673,617$648,851$613,998$609,851$616,682
Scott Hoffman$662,258$464,048$373,725$354,597$357,875$314,488
Joseph Lyons$483,472$407,882$318,830$295,238$285,863$261,853
Renee Coughlin$439,190$372,224$286,850$269,035$267,535$245,197
Jennifer Ledoux$364,739————$157,029
Parker McKenna$360,577$290,511$280,540$259,239$253,799—
Heather Gunn$306,381$254,212$241,175$208,414$174,310$175,050
Jenniffer Ledoux—$297,466$285,868$213,117$174,141—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Mosaic executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowers individuals with intellectual and developmental disabilities through vocational training, supported employment, and day services to foster independence and community integration.

Questions for Mosaic

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3 programs · $288.4M · in their own filed words · FY2023
01

Community based services provided to people with intellectual and developmental disabilities are services that can either be on-going or intermittent such as respite, family support, foster care, physical therapies, transportation, and supported employment.

$231.9Mprogram expense
02

Intermediate care facilities (icf)--icf services provide 24/7 support for very medically fragile individuals with intellectual or developmental disabilities. Mosaic serves approximately 250 individuals across the united states under this service category.

$39.2Mprogram expense
03

Day and vocational services are provided to individuals with intellectual and developmental disabilities in a variety of ways including supported employment, work enclaves, vocational training and some sheltered workshops. Mosaic serves approximately 950 individuals across the united states under this service category.

$17.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$6K
Grants paid · 35 grants · $712K · 2019–2024
Mosaic Housing Corp IINE · FY2024$96,700
Mosaic Housing Corp XiiNE · FY2024$31,983
Mosaic Housing Copr IxNE · FY2024$19,900
Mosaic Housing Corp XNE · FY2024$17,660
Mosaic Housing Corp ViiiNE · FY2024$13,963
Mosaic Housing Corp ViiNE · FY2024$12,500
Mosaic Housing Corp XiNE · FY2024$9,080
Mosaic Housing Corp INE · FY2024$9,000
Mosaic Housing Corp IVNE · FY2024$8,000
Mosaic Housing Corp XiiiNE · FY2024$8,000
Mosaic Illinois Housing IINE · FY2024$7,000
Mosaic Illinois Housing INE · FY2024$7,000
See all 35 grants →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2023 · $846K federal money spent
Provider Relief Fund (prf) and American Rescue Plan (arp) Rural DistributionDepartment of Health and Human Services · ALN 93.498 · Direct$846K

The auditor reported no findings.

Year ending Jun 2022 · $4.7M federal money spent
Provider Relief FundDepartment of Health and Human Services · ALN 93.498 · Direct$4.7M

The auditor reported 2 findings: a material weakness in money controls.

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$374.2M
Ln 12
Fees for servicesLn 2g$355.1M
Gifts and grantsLn 1h$10.4M
Investment incomeLn 3$4.8M
Money outPt IX
$359.5M
Ln 25
Programscol B$306.9M
Managementcol C$49.2M
Fundraisingcol D$3.4M
Owns and owesPt X
$158.6M
net assets · Ln 32
Cash and savingsLn 1–2$105.1M
Total assetsLn 16$227.1M
LiabilitiesLn 26$68.4M
PeoplePt VI, VII
42
listed · VII A
PaidVII A27
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$10.4M
Government grantsLn 1e$4.8M
Fees for servicesLn 2g$355.1M
Investment incomeLn 3$4.8M
Other incomeLn 4–11$4.0M
Gains on assetsLn 7$922K
Total revenueLn 12$374.2M
Assets in detailPt X, end of year
CashLn 1$48.7M
SavingsLn 2$56.4M
Cash and savings togetherLn 1–2$105.1M
InvestmentsLn 11–13$30.5M
Land, buildings, equipmentLn 10c$37.2M
Other assetsLn 15$7.6M
Total assetsLn 16$227.1M
LiabilitiesLn 26$68.4M
Net assetsLn 32$158.6M
OperationsPt I, VI
EmployeesI 54,236
VolunteersI 6177
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$12.4M
Bond issues listedSch K Pt I3
Raised by those issuesSch K Pt I$29.0M
Abroad and in kindSch F, M
Grants to other countriesSch F Pt II–III$209K
EndowmentSch D · Pt V
LineFY24FY23FY22FY21FY20
End of yearLn 1g$52.0M$49.6M$45.9M$50.1M$40.3M
Given inLn 1b$1.6M$2.3M$1.7M$4.1M$7.2M
SpentLn 1d–1f$4.3M$2.3M$2.5M$2.1M$3.5M
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$75.9M$105.1M
InvestmentsLn 11–13$27.5M$30.5M
Land, buildings, equipmentLn 10c$37.5M$37.2M
Total assetsLn 16$206.9M$227.1M
LiabilitiesLn 26$69.4M$68.4M
Net assetsLn 32$137.4M$158.6M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$310K$310K
Grants and assistance to foreign recipientsLn 3$209K$209K
Pay of current officers, directors and key staffLn 5$7.4M$7.4M
Other salaries and wagesLn 7$150.2M$129.9M$18.9M$1.4M
Pension plan contributionsLn 8$1.2M$1.2M$1K
Other employee benefitsLn 9$17.2M$15.0M$2.1M$141K
Payroll taxesLn 10$11.3M$9.4M$1.8M
Legal feesLn 11b$669K$47K$472K$150K
Accounting feesLn 11c$107K$107K
Lobbying feesLn 11d$63K$63K
Professional fundraising feesLn 11e$117K$117K
Other fees for servicesLn 11g$116.6M$113.1M$3.4M$142K
Office expensesLn 13$6.3M$6.1M$208K$10K
OccupancyLn 16$13.2M$11.9M$1.3M$5K
TravelLn 17$4.6M$4.4M$103K$54K
Conferences, conventions and meetingsLn 19$1.8M$482K$1.2M$170K
InterestLn 20$1.4M$384K$1.0M
Depreciation, depletion and amortizationLn 22$8.2M$2.3M$5.9M
InsuranceLn 23$4.0M$3.1M$883K$638
Other expenses (24a–d)Ln 24$3.7M$761K$2.2M$728K
All other expensesLn 24e$10.9M$8.2M$2.2M$468K
Total functional expensesLn 25$359.5M$306.9M$49.2M$3.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Apr 30, 2026 $401.5M$376.7M$24.9M$184.4M 990 PDF
FY2024 ViewingFiled with the IRS May 7, 2025 $374.2M$359.5M$14.8M$158.6M 990 PDF
FY2023Filed with the IRS Feb 27, 2024 $352.6M$332.4M$20.3M$137.4M 990 PDF
FY2022Filed with the IRS Mar 16, 2023 $340.4M$317.9M$22.4M$118.1M 990 PDF
FY2021Filed with the IRS Mar 15, 2022 $281.6M$272.2M$9.4M$96.5M 990 PDF
FY2020Filed with the IRS Mar 8, 2021 $264.9M$250.8M$14.2M$88.0M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $374,217,929 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,184,083$10,367,471
I-9 Program service revenuePrior year $337,949,915$355,080,200
I-10 Investment incomePrior year $2,301,230$4,776,664
I-11 Other revenuePrior year $1,203,728$3,993,594
I-12 Total revenuePrior year $352,638,956$374,217,929
I-13 Grants and similar amounts paidPrior year $205,413$519,042
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $177,946,630$187,239,891
I-16a Professional fundraising feesPrior year $0$116,894
I-17 Other expensesPrior year $154,214,751$171,576,156
I-18 Total expensesPrior year $332,366,794$359,451,983
I-19 Revenue less expensesPrior year $20,272,162$14,765,946
Part VI · Governance 15 of 15 board members independent, 1 to look at
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $374,217,929 across 11 lines filed
Lines not itemized here account for $3,575,925 of total revenue; see the IRS return.
VIII-1d Related organizations$4,883,000
VIII-1e Government grants$4,796,676
VIII-1f All other contributions, gifts and grants$687,795
VIII-1h Total contributions, gifts and grants$10,367,471
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $355,080,200$355,080,200
VIII-3 Investment incomeUnrelated business $42,641 · Excluded from tax $3,811,768$3,854,409
VIII-5 RoyaltiesExcluded from tax $9,452$9,452
VIII-6 Net rental income or lossExcluded from tax $198,257$198,257
VIII-7 Net gain or loss on sales of assetsExcluded from tax $922,255$922,255
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $209,960$209,960
VIII-12 Total revenueRelated to mission $358,866,085 · Unrelated business $42,641 · Excluded from tax $4,941,732$374,217,929
Part IX · Statement of functional expenses $359,451,983 across 21 lines filed
IX-1 Grants to domestic organizationsPrograms $309,700$309,700
IX-3 Grants and assistance to foreign recipientsPrograms $209,342$209,342
IX-5 Pay of current officers, directors and key staffManagement $7,398,282$7,398,282
IX-7 Other salaries and wagesPrograms $129,911,399 · Management $18,877,408 · Fundraising $1,409,684$150,198,491
IX-8 Pension plan contributionsPrograms $1,209,697 · Fundraising $1,387$1,211,084
IX-9 Other employee benefitsPrograms $14,963,657 · Management $2,075,034 · Fundraising $141,082$17,179,773
IX-10 Payroll taxesPrograms $9,449,945 · Management $1,802,316$11,252,261
IX-11b Legal feesPrograms $47,123 · Management $471,920 · Fundraising $150,150$669,193
IX-11c Accounting feesManagement $106,533$106,533
IX-11d Lobbying feesPrograms $62,997$62,997
IX-11e Professional fundraising feesFundraising $116,894$116,894
IX-11g Other fees for servicesPrograms $113,072,899 · Management $3,378,271 · Fundraising $142,475$116,593,645
IX-13 Office expensesPrograms $6,129,690 · Management $207,906 · Fundraising $9,827$6,347,423
IX-16 OccupancyPrograms $11,930,768 · Management $1,262,716 · Fundraising $5,119$13,198,603
IX-17 TravelPrograms $4,398,081 · Management $102,672 · Fundraising $53,951$4,554,704
IX-19 Conferences, conventions and meetingsPrograms $482,038 · Management $1,156,361 · Fundraising $170,397$1,808,796
IX-20 InterestPrograms $383,784 · Management $1,022,978$1,406,762
IX-22 Depreciation, depletion and amortizationPrograms $2,271,444 · Management $5,942,477$8,213,921
IX-23 InsurancePrograms $3,071,352 · Management $882,765 · Fundraising $638$3,954,755
IX-24 Other expenses (24a–d)Programs $760,810 · Management $2,241,195 · Fundraising $727,806$3,729,811
IX-24e All other expensesPrograms $8,219,486 · Management $2,241,464 · Fundraising $468,063$10,929,013
IX-25 Total functional expensesPrograms $306,884,212 · Management $49,170,298 · Fundraising $3,397,473$359,451,983
Part X · Balance sheet $227,075,430 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $42,829,414$48,678,095
X-2 Savings and temporary cash investmentsStart of year $33,077,755$56,429,955
X-4 Accounts receivableStart of year $26,882,771$31,787,590
X-9 Prepaid expenses and deferred chargesStart of year $1,975,035$2,351,107
X-10c Land, buildings and equipment, netStart of year $37,491,070$37,215,322
X-12 Other securitiesStart of year $27,490,422$30,506,773
X-14 Intangible assetsStart of year $30,094,896$12,463,317
X-15 Other assetsStart of year $7,040,978$7,643,271
X-16 Total assetsStart of year $206,882,341$227,075,430
X-17 Accounts payable and accrued expensesStart of year $22,978,920$24,194,749
X-19 Deferred revenueStart of year $4,604,231$1,484,370
X-20 Tax-exempt bond liabilitiesStart of year $14,932,905$12,406,904
X-25 Other liabilitiesStart of year $14,919,978$20,026,079
X-26 Total liabilitiesStart of year $69,437,250$68,430,980
X-27 Net assets without donor restrictionsStart of year $136,447,869$157,596,979
X-28 Net assets with donor restrictionsStart of year $997,222$1,047,471
X-32 Total net assets or fund balancesStart of year $137,445,091$158,644,450
X-33 Total liabilities and net assetsStart of year $206,882,341$227,075,430
Part XI · Reconciliation of net assets $158,644,450 net assets at year end
XI-1 Total revenue$374,217,929
XI-2 Total expenses$359,451,983
XI-3 Revenue less expenses$14,765,946
XI-4 Net assets at start of year$137,445,091
XI-5 Net unrealized gains (losses) on investments$1,608,283
XI-9 Other changes in net assets$4,825,130
XI-10 Net assets at end of year$158,644,450

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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