Adeline E Prouty Testamentary Trust

Tax-deductible

Princeton, IL501(c)(3)Since 1906Health CareEIN 36-2193614

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Sheltered care home for the aged and independent living apartments for the elderly.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
$31K 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

FY2025 · 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
3 of 6
filings with a surplus
Average surplus $448K a year · 16% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$31K
to officers and key staff · 1% of spending
Top officer’s pay lower than 99% of similar orgs
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$857K
8% of total assets
Looks good: liabilities are 8% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.7M
+199% vs prior year
Spent
$2.7M
To programs
97%
Net assets
$9.7M
By yearFY2020–FY2025
Revenue
$5.7M
FY2025▲ +199%
Revenue by fiscal year
FY2020$1.9M
FY2021$2.6M
FY2022$1.8M
FY2023$2.9M
FY2024$1.9M
FY2025$5.7M
Expenses
$2.7M
FY2025▲ +13%
Expenses by fiscal year
FY2020$2.3M
FY2021$2.4M
FY2022$2.2M
FY2023$2.2M
FY2024$2.4M
FY2025$2.7M
Net assets
$9.7M
FY2025▲ +49%
Net assets by fiscal year
FY2020$6.6M
FY2021$6.8M
FY2022$6.2M
FY2023$6.9M
FY2024$6.5M
FY2025$9.7M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1951.

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

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $2.6M Management & general 3% · $69K

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

5 people listed on the 990; $31K paid to officers and key staff.

Part VII, Section A · reportable compensation
$6,144Pt VII · Sec A
$6,144Pt VII · Sec A
$6,144Pt VII · Sec A
$6,144Pt VII · Sec A
$6,144Pt VII · Sec A

William Beneke’s $6K as Trustee is at the 1st percentile of top reported officer pay among 3128 $1–10M health care 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 · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
William Beneke$6,144$6,144$6,144$6,144$11,764
Charles Hanson$6,144$6,144$6,144$6,144$11,764
Gary C Bruce$6,144$6,144$6,144$6,144$11,764
Timothy Harris$6,144$6,144$6,144$6,144$11,764
Peter H Nelson——$3,072$6,144$11,764
Tracy Grimmer$6,144$6,144$3,072——

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 Adeline E Prouty Testamentary Trust 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 housing and care for elderly individuals.

Provided by the organization

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1 program · $2.6M · in their own filed words · FY2025
01

Sheltered home for the aged. Number of residents capacity - 44. Independent living apartments for elderly 13-17 units.

$2.6Mprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$5.7M
Ln 12
Investment incomeLn 3$3.4M
Fees for servicesLn 2g$2.1M
Other incomeLn 4–11$154K
Money outPt IX
$2.7M
Ln 25
Programscol B$2.6M
Managementcol C$69K
Owns and owesPt X
$9.7M
net assets · Ln 32
Cash and savingsLn 1–2$670K
Total assetsLn 16$10.5M
LiabilitiesLn 26$857K
PeoplePt VI, VII
5
listed · VII A
PaidVII A5
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3K
Fees for servicesLn 2g$2.1M
Investment incomeLn 3$3.4M
Other incomeLn 4–11$154K
Gains on assetsLn 7$3.3M
Total revenueLn 12$5.7M
Assets in detailPt X, end of year
CashLn 1$648K
SavingsLn 2$22K
Cash and savings togetherLn 1–2$670K
InvestmentsLn 11–13$3.4M
Land, buildings, equipmentLn 10c$6.4M
Other assetsLn 15$0
Total assetsLn 16$10.5M
LiabilitiesLn 26$857K
Net assetsLn 32$9.7M
OperationsPt I, VI
EmployeesI 558
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$213K$670K
InvestmentsLn 11–13$895K$3.4M
Land, buildings, equipmentLn 10c$5.5M$6.4M
Total assetsLn 16$6.6M$10.5M
LiabilitiesLn 26$156K$857K
Net assetsLn 32$6.5M$9.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$31K$31K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$1.6M$1.6M
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$154K$154K
Payroll taxesLn 10$114K$114K
Management feesLn 11a$0
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$8K$8K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$26K$26K
Other fees for servicesLn 11g$7K$6K$407
Advertising and promotionLn 12$47K$47K
Office expensesLn 13$6K$6K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$105K$105K
TravelLn 17$5K$5K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$9K$9K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$248K$248K
InsuranceLn 23$91K$91K
Other expenses (24a–d)Ln 24$267K$267K
All other expensesLn 24e$23K$23K
Total functional expensesLn 25$2.7M$2.6M$69K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $5.7M$2.7M$3.0M$9.7M 990 PDF
FY2024 $1.9M$2.4M−$485K$6.5M 990 PDF
FY2023 $2.9M$2.2M$684K$6.9M 990 PDF
FY2022 $1.8M$2.2M−$388K$6.2M 990 PDF
FY2021 $2.6M$2.4M$278K$6.8M 990 PDF
FY2020 $1.9M$2.3M−$398K$6.6M 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 FY2025 990 (4 parts)
Part VIII · Statement of revenue $5,698,335 across 9 lines filed
VIII-1f All other contributions, gifts and grants$2,836
VIII-1h Total contributions, gifts and grants$2,836
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,097,062$2,097,062
VIII-3 Investment incomeExcluded from tax $109,593$109,593
VIII-5 Royalties$0
VIII-6 Net rental income or lossExcluded from tax $153,622$153,622
VIII-7 Net gain or loss on sales of assetsExcluded from tax $3,335,222$3,335,222
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $2,097,062 · Excluded from tax $3,598,437$5,698,335
Part IX · Statement of functional expenses $2,702,001 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $30,720$30,720
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $1,559,126$1,559,126
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $154,281$154,281
IX-10 Payroll taxesPrograms $113,540$113,540
IX-11a Management fees$0
IX-11b Legal feesManagement $3,375$3,375
IX-11c Accounting feesManagement $8,465$8,465
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management feesManagement $26,193$26,193
IX-11g Other fees for servicesPrograms $6,279 · Management $407$6,686
IX-12 Advertising and promotionPrograms $46,717$46,717
IX-13 Office expensesPrograms $5,806$5,806
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 OccupancyPrograms $104,770$104,770
IX-17 TravelPrograms $5,237$5,237
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 InterestPrograms $8,535$8,535
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $248,160$248,160
IX-23 InsurancePrograms $90,774$90,774
IX-24 Other expenses (24a–d)Programs $266,788$266,788
IX-24e All other expensesPrograms $22,828$22,828
IX-25 Total functional expensesPrograms $2,632,841 · Management $69,160 · Fundraising $0$2,702,001
Part X · Balance sheet $10,526,116 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $194,179$648,361
X-2 Savings and temporary cash investmentsStart of year $18,750$21,750
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $9,698$40
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred chargesStart of year $36,998$38,785
X-10c Land, buildings and equipment, netStart of year $5,492,215$6,383,975
X-11 Publicly traded securitiesStart of year $895,259$3,433,205
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$0
X-16 Total assetsStart of year $6,647,099$10,526,116
X-17 Accounts payable and accrued expensesStart of year $60,998$180,115
X-25 Other liabilitiesStart of year $95,301$119,800
X-26 Total liabilitiesStart of year $156,299$856,717
X-32 Total net assets or fund balancesStart of year $6,490,800$9,669,399
X-33 Total liabilities and net assetsStart of year $6,647,099$10,526,116
Part XI · Reconciliation of net assets $9,669,399 net assets at year end
XI-1 Total revenue$5,698,335
XI-2 Total expenses$2,702,001
XI-3 Revenue less expenses$2,996,334
XI-4 Net assets at start of year$6,490,800
XI-5 Net unrealized gains (losses) on investments$182,265
XI-10 Net assets at end of year$9,669,399

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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