The McGregor home exists to provide a superior residence in east cleveland for individuals in need to age successfully in "a place they call home."

501(c)(3) charity; gifts are tax-deductible.
82¢ of each $1 spent went to programs.
Run by 39 volunteers and 493 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

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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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $138K a year · under 1% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Plus $81.1M in investments, Pt X · Ln 11–13
Fine: 0.6 months of spending in cash, plus $81.1M in investments.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $1.9M
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$32.7M
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
20
of 20 voting members
Looks good: 20 of 20 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$24.7M
-11% vs prior year
Spent
$24.3M
To programs
82%
Net assets
$103.6M
By yearFY2020–FY2024
Revenue
$24.7M
FY2024▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$26.2M
FY2021$25.8M
FY2022$20.5M
FY2023$27.6M
FY2024$24.7M
Expenses
$24.3M
FY2024▼ -0.5%
Tap a bar for its year
Expenses by fiscal year
FY2020$24.2M
FY2021$25.3M
FY2022$25.8M
FY2023$24.5M
FY2024$24.3M
Net assets
$103.6M
FY2024▲ +6%
Tap a bar for its year
Net assets by fiscal year
FY2020$98.4M
FY2021$102.4M
FY2022$80.2M
FY2023$97.8M
FY2024$103.6M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1969.

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

Where the money goes

82 cents of each dollar spent went to programs.

Program services 82% · $20.0M Management & general 18% · $4.4M

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

28 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation
$429,275Pt VII · Sec A
CFO/Assistant Treasurer
$267,877Pt VII · Sec A
Executive Director
$181,208Pt VII · Sec A
$148,766Pt VII · Sec A
HR Director
$137,028Pt VII · Sec A
Chief Marketing & Communicatio
$133,558Pt VII · Sec A
Director of Finance
$127,038Pt VII · Sec A
Board Secretary
$126,361Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Ann Conn$429,275$396,953$349,411——
Ann M Conn———$323,655$302,538
Jennifer Hayes$267,877$248,831$119,659——
Kimberly Henderson———$242,791$226,121
Yuvette Bozman$181,208$172,325—$157,118—
Maxwell Amusat—$140,175$155,972——
Yuvette M Bozman——$148,985——
Phyllis Tabbs$148,766$139,961$134,666$110,592—

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 The McGregor Foundation executive salaries →

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Questions the 990 asks

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

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides management services and support to senior living facilities in East Cleveland, helping older adults in need age successfully in a comfortable home environment.

Questions for The McGregor Foundation

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Your first name shows with your question. The McGregor Foundation answers here, for everyone.

Provided by the organization

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3 programs · $20.0M · in their own filed words · FY2024
01

Provided 50,955 resident days of care during the year. Served the elderly in the city of east cleveland, ohio with dignified care in gracious surroundings. Offered living arrangements from assisted care to nursing plus a unit designed to serve the special needs of memory impaired residents and a temporary care program.

$19.0Mprogram expense
02

The mcgregor foundation provides grants to further its mission through other non-profit organizations in northeast ohio. The annual grants provide funding in three major areas: enhancing the quality of life for seniors; expanding the service infrastructure surrounding affordable housing with services; and the recruitment, education…

$961Kprogram expense
03

The mcgregor foundation provides management services to its related organizations. The organizations reimburse the foundation for expenses paid on their behalf.

Pt IX · col B

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 · FY2024
McGregor PaceFY2024$1.7M
Total grants receivedfrom 3 funders$1.9M
See all 3 funders →
Grants paid · 147 grants · $3.8M · 2020–2024
Cleveland MetroparksFY2024$50,000
Smart Development INCOH · FY2024$25,000
Senior Citizen Resources INCOH · FY2024$25,000
May Dugan CenterOH · FY2024$25,000
East Cleveland Public LibraryFY2024$25,000
Karamu House INCOH · FY2024$20,000
DigitalcOH · FY2024$15,120
All Faiths PantryOH · FY2024$15,000
See all 147 grants →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$24.7M
Ln 12
Fees for servicesLn 2g$18.5M
Investment incomeLn 3$2.9M
Gifts and grantsLn 1h$2.9M
Money outPt IX
$24.3M
Ln 25
Programscol B$20.0M
Managementcol C$4.4M
Owns and owesPt X
$103.6M
net assets · Ln 32
Cash and savingsLn 1–2$1.2M
Total assetsLn 16$136.3M
LiabilitiesLn 26$32.7M
PeoplePt VI, VII
28
listed · VII A
PaidVII A8
Voting boardVI 1a20
IndependentVI 1b20
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.9M
Fees for servicesLn 2g$18.5M
Investment incomeLn 3$2.9M
Other incomeLn 4–11$340K
Gains on assetsLn 7$634K
Total revenueLn 12$24.7M
Assets in detailPt X, end of year
CashLn 1$3K
SavingsLn 2$1.2M
Cash and savings togetherLn 1–2$1.2M
InvestmentsLn 11–13$81.1M
Land, buildings, equipmentLn 10c$21.8M
Other assetsLn 15$6.4M
Total assetsLn 16$136.3M
LiabilitiesLn 26$32.7M
Net assetsLn 32$103.6M
OperationsPt I, VI
EmployeesI 5493
VolunteersI 639
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$315K$1.2M
InvestmentsLn 11–13$76.7M$81.1M
Land, buildings, equipmentLn 10c$23.0M$21.8M
Total assetsLn 16$130.4M$136.3M
LiabilitiesLn 26$32.6M$32.7M
Net assetsLn 32$97.8M$103.6M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$961K$961K
Pay of current officers, directors and key staffLn 5$880K$646K$234K
Other salaries and wagesLn 7$9.3M$6.9M$2.4M
Pension plan contributionsLn 8$91K$4K$86K
Other employee benefitsLn 9$687K$635K$51K
Payroll taxesLn 10$821K$647K$174K
Legal feesLn 11b$33K$33K
Accounting feesLn 11c$68K$68K
Investment management feesLn 11f$265K$265K
Other fees for servicesLn 11g$3.3M$3.3M
Advertising and promotionLn 12$160K$160K
Office expensesLn 13$275K$15K$259K
OccupancyLn 16$568K$568K
TravelLn 17$8K$8K
Conferences, conventions and meetingsLn 19$48K$48K
InterestLn 20$1.3M$1.3M
Depreciation, depletion and amortizationLn 22$1.5M$1.5M
InsuranceLn 23$143K$143K
Other expenses (24a–d)Ln 24$3.5M$3.0M$505K
All other expensesLn 24e$329K$287K$43K
Total functional expensesLn 25$24.3M$20.0M$4.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $24.7M$24.3M$331K$103.6M 990 PDF
FY2023 $27.6M$24.5M$3.1M$97.8M 990 PDF
FY2022 $20.5M$25.8M−$5.3M$80.2M 990 PDF
FY2021 $25.8M$25.3M$523K$102.4M 990 PDF
FY2020 $26.2M$24.2M$2.0M$98.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $24,680,352 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $3,494,371$2,922,467
I-9 Program service revenuePrior year $21,049,100$18,476,766
I-10 Investment incomePrior year $3,020,157$2,941,104
I-11 Other revenuePrior year $19,132$340,015
I-12 Total revenuePrior year $27,582,760$24,680,352
I-13 Grants and similar amounts paidPrior year $1,463,477$960,970
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $11,493,476$11,815,806
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $11,519,185$11,572,991
I-18 Total expensesPrior year $24,476,138$24,349,767
I-19 Revenue less expensesPrior year $3,106,622$330,585
Part VI · Governance 20 of 20 board members independent, 1 to look at
VI-1a Voting members of the governing body20
VI-1b Independent voting members20
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $24,680,352 across 8 lines filed
VIII-1d Related organizations$1,720,000
VIII-1f All other contributions, gifts and grants$1,202,467
VIII-1h Total contributions, gifts and grants$2,922,467
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $18,476,766$18,476,766
VIII-3 Investment incomeExcluded from tax $2,306,665$2,306,665
VIII-6 Net rental income or lossExcluded from tax $340,015$340,015
VIII-7 Net gain or loss on sales of assetsExcluded from tax $634,439$634,439
VIII-12 Total revenueRelated to mission $18,476,766 · Unrelated business $0 · Excluded from tax $3,281,119$24,680,352
Part IX · Statement of functional expenses $24,349,767 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $960,970$960,970
IX-5 Pay of current officers, directors and key staffPrograms $645,790 · Management $233,839$879,629
IX-7 Other salaries and wagesPrograms $6,895,401 · Management $2,442,774$9,338,175
IX-8 Pension plan contributionsPrograms $4,305 · Management $86,267$90,572
IX-9 Other employee benefitsPrograms $635,227 · Management $51,405$686,632
IX-10 Payroll taxesPrograms $646,523 · Management $174,275$820,798
IX-11b Legal feesManagement $33,195$33,195
IX-11c Accounting feesManagement $67,971$67,971
IX-11f Investment management feesManagement $265,250$265,250
IX-11g Other fees for servicesPrograms $3,335,051$3,335,051
IX-12 Advertising and promotionManagement $160,188$160,188
IX-13 Office expensesPrograms $15,286 · Management $259,428$274,714
IX-16 OccupancyPrograms $567,635$567,635
IX-17 TravelManagement $7,891$7,891
IX-19 Conferences, conventions and meetingsManagement $48,405$48,405
IX-20 InterestPrograms $1,293,797$1,293,797
IX-22 Depreciation, depletion and amortizationPrograms $1,522,810$1,522,810
IX-23 InsurancePrograms $142,990$142,990
IX-24 Other expenses (24a–d)Programs $3,018,166 · Management $505,493$3,523,659
IX-24e All other expensesPrograms $286,912 · Management $42,523$329,435
IX-25 Total functional expensesPrograms $19,970,863 · Management $4,378,904 · Fundraising $0$24,349,767
Part X · Balance sheet $136,299,645 assets, 19 lines filed
Asset lines not itemized here account for $22,013,446; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $3,100$3,100
X-2 Savings and temporary cash investmentsStart of year $312,015$1,178,162
X-4 Accounts receivableStart of year $7,065,626$2,533,810
X-9 Prepaid expenses and deferred chargesStart of year $359,656$453,105
X-10c Land, buildings and equipment, netStart of year $22,959,091$21,837,881
X-11 Publicly traded securitiesStart of year $75,516,630$78,876,018
X-12 Other securities$509,990
X-13 Program-related investmentsStart of year $1,200,128$1,727,875
X-14 Intangible assetsStart of year $765,007$723,154
X-15 Other assetsStart of year $5,712,178$6,443,104
X-16 Total assetsStart of year $130,406,106$136,299,645
X-17 Accounts payable and accrued expensesStart of year $2,754,668$3,699,819
X-20 Tax-exempt bond liabilitiesStart of year $26,920,000$25,920,000
X-25 Other liabilitiesStart of year $2,779,773$2,805,768
X-26 Total liabilitiesStart of year $32,609,870$32,656,468
X-27 Net assets without donor restrictionsStart of year $88,316,778$94,294,207
X-28 Net assets with donor restrictionsStart of year $9,479,458$9,348,970
X-32 Total net assets or fund balancesStart of year $97,796,236$103,643,177
X-33 Total liabilities and net assetsStart of year $130,406,106$136,299,645
Part XI · Reconciliation of net assets $103,643,177 net assets at year end
XI-1 Total revenue$24,680,352
XI-2 Total expenses$24,349,767
XI-3 Revenue less expenses$330,585
XI-4 Net assets at start of year$97,796,236
XI-5 Net unrealized gains (losses) on investments$5,486,356
XI-9 Other changes in net assets$30,000
XI-10 Net assets at end of year$103,643,177

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

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