Milestone INC FY2022 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $18,357 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

The organization's purpose is to serve the developmentally disabled.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$744K 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

FY2022 · Form 990-TIndependent: 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-T
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 $2.0M 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
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$744K
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
3 mo
of spending, in cash
Looks good: 3.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
17
named funders · $173K
Looks good: 17 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4.3M
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$36.7M
+8% vs prior year
Spent
$33.4M
To programs
92%
Net assets
$16.6M
By yearFY2020–FY2025
Revenue
$36.7M
FY2022▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2020$31.5M
FY2021$34.1M
FY2022$36.7M
FY2023$34.8M
FY2024$38.7M
FY2025$41.9M
Expenses
$33.4M
FY2022▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$30.0M
FY2021$30.8M
FY2022$33.4M
FY2023$34.6M
FY2024$36.7M
FY2025$40.3M
Net assets
$16.6M
FY2022▲ +25%
Tap a bar for its year
Net assets by fiscal year
FY2020$9.9M
FY2021$13.3M
FY2022$16.6M
FY2023$16.8M
FY2024$18.9M
FY2025$20.6M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 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 Sep 1973.

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

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $30.8M Management & general 8% · $2.5M Fundraising 0% · $111K

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

Something off? Claim to add context

Who runs it and what they're paid

19 people listed on the 990-T; $744K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President and CEO
$192,983Pt VII · Sec A
$157,673Pt VII · Sec A
SVP, Program Services
$146,091Pt VII · Sec A
$129,978Pt VII · Sec A
$117,409Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

William Grahn’s $191K as President and CEO is at the 40th percentile of top reported officer pay among 3122 $10–100M human services 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
Michael Shawn Way—$264,434————
Linda Craig-Ellis$170,972$217,962$161,866$129,978$130,207—
Shawn Way Termed 070123——$203,938———
Shawn Way———$192,983$169,805$171,030
William Grahn$190,621$174,580$135,010$146,091$129,922$121,122
Dr Michael Tadin$172,291$160,421$157,978$157,673$154,495$139,833
Sheffield Wiley$139,601—————
Lisa Munson$130,237$121,576$111,369$117,409$112,142$99,357

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 Milestone INC 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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Supports individuals with developmental disabilities.

Questions for Milestone INC

Tap to ask. Milestone INC sees how many people are interested.

Your first name shows with your question. Milestone INC answers here, for everyone.

3 programs · $30.8M · in their own filed words · FY2021
01

Residential Facilities

Milestone has 31 residential group homes for adults with developmental disabilities throughout the greater rockford area. Each individual actively takes part in the day to day activities of cleaning, cooking, shopping, along with a wide variety of recreational activities.

$27.3Mprogram expense
02

Training centers facilities which provides educational, vocational and recreational activities for the residents. Milestone provides developmental training ranging from self-care and social skills to educational and vocational skills to adults with both physical and developmental disabilities.

$3.0Mprogram expense
03

Dental program- provides comprehensive preventative and general dentistry individually designed for each adult and child with developmental disabilities from 32 counties in illinois. Individuals of any age with developmental disabilities are eligible for services.

$483Kprogram 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 17 funders →

Federal money

Single Audit · Federal Audit Clearinghouse · money spent from federal programs
Year ending Jun 2025 · $3.3M federal money spent
Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.181 · Direct$2.8M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$358K
Project Rental Assistance Demonstration (pra Demo) Program of Section 811 Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.326 · Direct$78K
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$67K

The auditor reported no findings.

Year ending Jun 2024 · $3.2M federal money spent
Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.181 · Direct$2.8M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$336K
Project Rental Assistance Demonstration (pra Demo) Program of Section 811 Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.326 · Direct$73K
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$67K
School Breakfast ProgramDepartment of Agriculture · ALN 10.553 · Direct$4K

Plus 1 smaller program.

The auditor reported no findings.

Year ending Jun 2023 · $3.5M federal money spent
Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.181 · Direct$2.8M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$282K
Coronavirus State and Local Fiscal Recovery FundsDepartment of the Treasury · ALN 21.027 · Direct$241K
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$123K
School Breakfast ProgramDepartment of Agriculture · ALN 10.553 · Through Illinois State Board of Education$10K

Plus 1 smaller program.

The auditor reported no findings.

Year ending Jun 2022 · $3.3M federal money spent
Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.181 · Direct$2.8M
Section 8 Housing Assistance Payments ProgramDepartment of Housing and Urban Development · ALN 14.195 · Direct$277K
Supportive Housing for the ElderlyDepartment of Housing and Urban Development · ALN 14.157 · Direct$175K
Project Rental Assistance Demonstration (pra Demo) Program of Section 811 Supportive Housing for Persons with DisabilitiesDepartment of Housing and Urban Development · ALN 14.326 · Direct$67K
National School Lunch ProgramDepartment of Agriculture · ALN 10.555 · Through Illinois State Board of Education$9K

Plus 2 smaller programs.

The auditor reported no findings.

By the numbers

The FY2022 990-T, line by line.

1The main four
Money in
$36.7M
Gifts and grants$32.7M
Fees for services$3.0M
Other income$717K
Money out
$33.4M
Programs$30.8M
Management$2.5M
Fundraising$111K
Owns and owes
$16.6M
net assets
Cash and savings$9.4M
Total assets$20.9M
Liabilities$4.3M
People
19
listed
Paid5
Voting board14
Independent14
2In more detail
Revenue in detail
Gifts and grants$32.7M
Government grants$32.2M
Fees for services$3.0M
Investment income$298K
Other income$717K
Total revenue$36.7M
Assets in detailEnd of year
Cash and savings together$9.4M
Total assets$20.9M
Liabilities$4.3M
Net assets$16.6M
Operations
Employees859
Volunteers10
Fiscal year endsJune
Conflict-of-interest policyYes
Whistleblower policyYes
Records policyYes

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Mar 31, 2026 $41.9M$40.3M$1.6M$20.6M 990 PDF
FY2024Filed with the IRS Feb 25, 2025 $38.7M$36.7M$2.0M$18.9M 990 PDF
FY2023Filed with the IRS Feb 29, 2024 $34.8M$34.6M$193K$16.8M 990 PDF
FY2022 Viewing $36.7M$33.4M$3.3M$16.6M 990 PDF
FY2021Filed with the IRS Dec 22, 2021 $34.1M$30.8M$3.3M$13.3M 990 PDF
FY2020Filed with the IRS Jan 28, 2021 $31.5M$30.0M$1.5M$9.9M 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.