Franciscan Communities INC FY2021 filing

Tax-deductible

Lemont, IL501(c)(3)Since 1940EIN 35-1124441Revenue $105.6M in FY2021

On file with the IRSfranciscancommunities.com11500 Theresa Dr, 60439-2727 · Lemont, ILTax-exempt since Mar 1946Publicly supported — 509(a)(2)

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The mission of Franciscan Communities INC. ("Franciscan Communities") is to celebrate life and serve with joy. (continued on schedule o).

501(c)(3) charity; gifts are tax-deductible.
85¢ of each $1 spent went to programs.
$1.3M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · 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
4 of 6
filings with a surplus
Average surplus $4.5M a year · 4% of revenue · last 6 filings
Fine: a surplus in 4 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
$1.3M
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Worth a look: 0.7 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $44K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$209.6M
82% of total assets
Concern: liabilities are 82% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 3 voting members
Looks good: 2 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$105.6M
-20% vs prior year
Spent
$104.1M
To programs
85%
Net assets
$47.4M
By yearFY2020–FY2025
Revenue
$105.6M
FY2021▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$132.6M
FY2021$105.6M
FY2022$112.4M
FY2023$119.0M
FY2024$133.0M
FY2025$142.4M
Expenses
$104.1M
FY2021▼ -9%
Tap a bar for its year
Expenses by fiscal year
FY2020$114.3M
FY2021$104.1M
FY2022$113.7M
FY2023$121.4M
FY2024$129.2M
FY2025$135.2M
Net assets
$47.4M
FY2021▲ +122%
Tap a bar for its year
Net assets by fiscal year
FY2020$21.3M
FY2021$47.4M
FY2022$30.6M
FY2023$26.8M
FY2024$33.7M
FY2025$46.5M

From the FY2021 Form 990 (year ending June 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 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 1946.

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% · $88.8M Management & general 14% · $15.0M Fundraising 0% · $262K

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

17 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Director - Franciscan Village & Marian Village
$200,814Pt VII · Sec A
Executive Director - Victory Lakes
$189,872Pt VII · Sec A
Executive Director - Mt. Alverna Village
$173,271Pt VII · Sec A
Executive Director - Addolorata Villa
$164,545Pt VII · Sec A
Executive Director - St Joseph Village
$138,438Pt VII · Sec A
Administrator
$122,819Pt VII · Sec A
Director of Campus Operations
$119,019Pt VII · Sec A
Director of Nursing
$117,428Pt VII · Sec A

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

NameFY2025FY2024FY2023FY2022FY2021FY2020
Calvin Isaacson—$311,168$192,182$187,760$189,872$186,535
Danniel J Bannon——$227,573$212,224$200,814$205,380
Anshu Raina$204,312—————
Dawn Cohn$182,864$196,532$182,343$164,503$164,545$163,588
Patrick Welsh$190,346—$162,275$162,686$173,271$175,533
Nicole Veal-Prom$169,039$156,141————
Ladon Harris$157,677—————
Marcus Shaw—$154,260$145,151———

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.

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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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports the ministries of the Franciscan Sisters of Chicago.

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3 programs · $88.8M · in their own filed words · FY2020
01

Nursing Home Care

Franciscan communities provides nursing care services to meet the physical, social, and spiritual needs of the residents. Some of the amenities provided include personalized care plans, licensed nursing staff, three meals daily, snacks, housekeeping, maintenance, religious and life enrichment activities, and security.

$51.1Mprogram expense
02

Independent Living

Franciscan communities provides independent living services to allow residents to enjoy active and independent lifestyles. These services are designed to meet the physical, social and spiritual needs of the residents. Accommodations include garden homes, villas, and apartments.

$19.2Mprogram expense
03

Assisted Living

Franciscan communities provides assisted living services to allow residents to receive the assistance they need while maintaining an active lifestyle. These services are designed to meet the physical, social and spiritual needs of the residents. Accommodations include efficiencies, studios, and one bedroom units.

$18.6Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2024
See all 3 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$105.6M
Ln 12
Fees for servicesLn 2g$97.0M
Investment incomeLn 3$5.0M
Gifts and grantsLn 1h$3.2M
Money outPt IX
$104.1M
Ln 25
Programscol B$88.8M
Managementcol C$15.0M
Fundraisingcol D$262K
Owns and owesPt X
$47.4M
net assets · Ln 32
Cash and savingsLn 1–2$6.4M
Total assetsLn 16$257.0M
LiabilitiesLn 26$209.6M
PeoplePt VI, VII
17
listed · VII A
PaidVII A9
Voting boardVI 1a3
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.2M
Government grantsLn 1e$2.7M
Noncash giftsLn 1g$25K
Fundraising eventsLn 1c$10K
Fees for servicesLn 2g$97.0M
Investment incomeLn 3$5.0M
Other incomeLn 4–11$335K
Gains on assetsLn 7$3.2M
Total revenueLn 12$105.6M
Assets in detailPt X, end of year
CashLn 1$12K
SavingsLn 2$6.4M
Cash and savings togetherLn 1–2$6.4M
InvestmentsLn 11–13$138.2M
Land, buildings, equipmentLn 10c$102.0M
Other assetsLn 15$1.2M
Total assetsLn 16$257.0M
LiabilitiesLn 26$209.6M
Net assetsLn 32$47.4M
OperationsPt I, VI
EmployeesI 51,856
VolunteersI 6144
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$7.8M$6.4M
InvestmentsLn 11–13$118.5M$138.2M
Land, buildings, equipmentLn 10c$108.8M$102.0M
Total assetsLn 16$244.3M$257.0M
LiabilitiesLn 26$223.0M$209.6M
Net assetsLn 32$21.3M$47.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$851K$255K$596K$0
Pay of disqualified personsLn 6$0$0$0$0
Other salaries and wagesLn 7$34.3M$30.4M$3.8M$134K
Pension plan contributionsLn 8$349K$308K$40K$1K
Other employee benefitsLn 9$4.6M$4.1M$523K$18K
Payroll taxesLn 10$2.6M$2.3M$322K$10K
Management feesLn 11a$6.1M$0$6.1M$0
Legal feesLn 11b$80K$0$80K$0
Accounting feesLn 11c$54K$0$54K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$426K$0$426K$0
Other fees for servicesLn 11g$16.6M$15.7M$960K$0
Advertising and promotionLn 12$287K$287K
Office expensesLn 13$3.1M$1.9M$1.1M$22K
Information technologyLn 14$51K$0$41K$11K
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$6.6M$6.5M$83K$0
TravelLn 17$39K$35K$4K$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$5K$4K$131$56
InterestLn 20$5.9M$5.9M$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$9.8M$9.8M$0$0
InsuranceLn 23$1.7M$1.7M$0$0
Other expenses (24a–d)Ln 24$9.4M$9.4M$0$0
All other expensesLn 24e$1.3M$291K$922K$65K
Total functional expensesLn 25$104.1M$88.8M$15.0M$262K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $142.4M$135.2M$7.2M$46.5M 990 PDF
FY2024 $133.0M$129.2M$3.8M$33.7M 990 PDF
FY2023 $119.0M$121.4M−$2.4M$26.8M 990 PDF
FY2022 $112.4M$113.7M−$1.3M$30.6M 990 PDF
FY2021 Viewing $105.6M$104.1M$1.4M$47.4M 990 PDF
FY2020 $132.6M$114.3M$18.4M$21.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $105,555,316 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,609,599$3,188,116
I-9 Program service revenuePrior year $109,493,117$97,026,318
I-10 Investment incomePrior year $19,806,317$5,006,148
I-11 Other revenuePrior year $734,522$334,734
I-12 Total revenuePrior year $132,643,555$105,555,316
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $51,994,245$42,686,259
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $62,271,344$61,437,250
I-18 Total expensesPrior year $114,265,589$104,123,509
I-19 Revenue less expensesPrior year $18,377,966$1,431,807
Part VI · Governance 2 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members2
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 $105,555,316 across 16 lines filed
Lines not itemized here account for $337,340 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$10,490
VIII-1d Related organizations$18,000
VIII-1e Government grants$2,706,313
VIII-1f All other contributions, gifts and grants$453,313
VIII-1g Noncash contributions (included above)$25,232
VIII-1h Total contributions, gifts and grants$3,188,116
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $97,026,318$97,026,318
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $1,565,545$1,565,545
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossExcluded from tax $3,238$3,238
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,172,975$3,172,975
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $38,377$38,377
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $23,800 · Excluded from tax $199,607$223,407
VIII-12 Total revenueRelated to mission $97,050,118 · Unrelated business $0 · Excluded from tax $5,317,082$105,555,316
Part IX · Statement of functional expenses $104,123,509 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $255,350 · Management $595,817 · Fundraising $0$851,167
IX-6 Pay of disqualified personsPrograms $0 · Management $0 · Fundraising $0$0
IX-7 Other salaries and wagesPrograms $30,363,101 · Management $3,761,393 · Fundraising $134,467$34,258,961
IX-8 Pension plan contributionsPrograms $308,097 · Management $39,769 · Fundraising $1,364$349,230
IX-9 Other employee benefitsPrograms $4,053,347 · Management $523,203 · Fundraising $17,951$4,594,501
IX-10 Payroll taxesPrograms $2,300,252 · Management $322,035 · Fundraising $10,113$2,632,400
IX-11a Management feesPrograms $0 · Management $6,088,956 · Fundraising $0$6,088,956
IX-11b Legal feesPrograms $0 · Management $80,079 · Fundraising $0$80,079
IX-11c Accounting feesPrograms $0 · Management $53,690 · Fundraising $0$53,690
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $426,281 · Fundraising $0$426,281
IX-11g Other fees for servicesPrograms $15,684,625 · Management $960,346 · Fundraising $0$16,644,971
IX-12 Advertising and promotionPrograms $287,399$287,399
IX-13 Office expensesPrograms $1,916,686 · Management $1,137,925 · Fundraising $22,249$3,076,860
IX-14 Information technologyPrograms $0 · Management $40,902 · Fundraising $10,582$51,484
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $6,480,144 · Management $82,532 · Fundraising $0$6,562,676
IX-17 TravelPrograms $34,965 · Management $3,994 · Fundraising $0$38,959
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $4,355 · Management $131 · Fundraising $56$4,542
IX-20 InterestPrograms $5,889,968 · Management $0 · Fundraising $0$5,889,968
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $9,847,342 · Management $0 · Fundraising $0$9,847,342
IX-23 InsurancePrograms $1,730,002 · Management $0 · Fundraising $0$1,730,002
IX-24 Other expenses (24a–d)Programs $9,375,525 · Management $0 · Fundraising $0$9,375,525
IX-24e All other expensesPrograms $291,075 · Management $922,188 · Fundraising $65,253$1,278,516
IX-25 Total functional expensesPrograms $88,822,233 · Management $15,039,241 · Fundraising $262,035$104,123,509
Part X · Balance sheet $256,975,349 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $11,775$12,321
X-2 Savings and temporary cash investmentsStart of year $7,749,099$6,385,376
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $6,811,030$7,389,402
X-8 Inventories for sale or useStart of year $640,883$701,275
X-9 Prepaid expenses and deferred chargesStart of year $940,341$1,127,251
X-10c Land, buildings and equipment, netStart of year $108,751,633$101,997,953
X-11 Publicly traded securitiesStart of year $118,498,646$138,201,786
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $936,847$1,159,985
X-16 Total assetsStart of year $244,340,254$256,975,349
X-17 Accounts payable and accrued expensesStart of year $12,704,867$14,704,523
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $58,143,684$58,472,132
X-20 Tax-exempt bond liabilitiesStart of year $136,616,894$133,637,604
X-24 Unsecured notes and loans payableStart of year $9,467,988$0
X-25 Other liabilitiesStart of year $6,046,040$2,711,639
X-26 Total liabilitiesStart of year $223,003,913$209,555,671
X-27 Net assets without donor restrictionsStart of year $16,126,120$42,395,048
X-28 Net assets with donor restrictionsStart of year $5,210,221$5,024,630
X-32 Total net assets or fund balancesStart of year $21,336,341$47,419,678
X-33 Total liabilities and net assetsStart of year $244,340,254$256,975,349
Part XI · Reconciliation of net assets $47,419,678 net assets at year end
XI-1 Total revenue$105,555,316
XI-2 Total expenses$104,123,509
XI-3 Revenue less expenses$1,431,807
XI-4 Net assets at start of year$21,336,341
XI-5 Net unrealized gains (losses) on investments$18,076,150
XI-9 Other changes in net assets$6,575,380
XI-10 Net assets at end of year$47,419,678

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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