Oakside Corporation FY2020 filing

Tax-deductible

Kankakee, IL501(c)(3)Health CareEIN 36-3166804

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To further the establishment, maintenance, and provision of a broad range of human services to individuals, institutions, and organizations that emphasize the treatment and prevention of disabling conditions.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
$132K 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

FY2020 · 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
5 of 5
filings with a surplus
Average surplus $716K a year · 19% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 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
$132K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
23 mo
of spending, in cash
Looks good: 23.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$10.6M
28% of total assets
Looks good: liabilities are 28% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 12 voting members
Looks good: 11 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.8M
Spent
$3.5M
To programs
92%
Net assets
$27.4M
By yearFY2020–FY2024
Revenue
$4.8M
FY2020
Revenue by fiscal year
FY2020$4.8M
FY2021$4.2M
FY2022$3.0M
FY2023$3.4M
FY2024$3.9M
Expenses
$3.5M
FY2020
Expenses by fiscal year
FY2020$3.5M
FY2021$2.6M
FY2022$2.9M
FY2023$3.2M
FY2024$3.4M
Net assets
$27.4M
FY2020
Net assets by fiscal year
FY2020$27.4M
FY2021$29.3M
FY2022$27.7M
FY2023$29.0M
FY2024$30.3M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1983.

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% · $3.3M Management & general 8% · $274K

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

16 people listed on the 990; $132K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director - Fitness Center
$131,514Pt VII · Sec A
$0Pt VII · Sec A
President/CEO
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Casey Ashline’s $117K as Executive Director - Fitness Center (thru Aug. 2022) is at the 33rd percentile of top reported officer pay among 3129 $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 · 1 named individual · Part VII

NameFY2022FY2021FY2020
Casey Ashline$117,238$144,078$131,514

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 Oakside Corporation 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 human services for treating and preventing disabling conditions.

Provided by the organization

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3 programs · $3.3M · in their own filed words · FY2020
01

Oakside Corporation provides the area's only medically-based Health Fitness Center that integrates fitness, wellness and rehabilitation. The Health Fitness Center provides a medically-based approach to addressing the three main components of a healthy lifestyle: nutrition, exercise, and stress management.

$2.1Mprogram expense
02

Oakside Corporation provides prescription services to the community and to Riverside Medical Center, a supported, related tax-exempt entity, and also provides building rental to Riverside Medical Center to further its mission.

$910Kprogram expense
03

Oakside Corporation's Audiology department provides hearing and balance services to individuals and families in the surrounding areas of Kankakee County and Will County. Riverside Audiology takes a comprehensive approach to adult and pediatric testing and treatment to provide the best care possible by using state-of-the-art technologies…

$239Kprogram expense

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$4.8M
Ln 12
Investment incomeLn 3$2.3M
Fees for servicesLn 2g$2.1M
Other incomeLn 4–11$362K
Money outPt IX
$3.5M
Ln 25
Programscol B$3.3M
Managementcol C$274K
Owns and owesPt X
$27.4M
net assets · Ln 32
Cash and savingsLn 1–2$6.8M
Total assetsLn 16$38.0M
LiabilitiesLn 26$10.6M
PeoplePt VI, VII
16
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.1M
Investment incomeLn 3$2.3M
Other incomeLn 4–11$362K
Gains on assetsLn 7$781K
Total revenueLn 12$4.8M
Assets in detailPt X, end of year
CashLn 1$6.8M
Cash and savings togetherLn 1–2$6.8M
InvestmentsLn 11–13$18.0M
Land, buildings, equipmentLn 10c$10.0M
Other assetsLn 15$0
Total assetsLn 16$38.0M
LiabilitiesLn 26$10.6M
Net assetsLn 32$27.4M
OperationsPt I, VI
EmployeesI 546
VolunteersI 65
Fiscal year endsHeaderDecember
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 FY20End FY20
Cash and savingsLn 1–2$5.1M$6.8M
InvestmentsLn 11–13$17.4M$18.0M
Land, buildings, equipmentLn 10c$10.2M$10.0M
Total assetsLn 16$36.0M$38.0M
LiabilitiesLn 26$9.4M$10.6M
Net assetsLn 32$26.7M$27.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.4M$1.2M$200K
Pension plan contributionsLn 8$40K$34K$6K
Other employee benefitsLn 9$152K$130K$22K
Payroll taxesLn 10$96K$82K$14K
Accounting feesLn 11c$24K$24K
Investment management feesLn 11f$32K$32K
Other fees for servicesLn 11g$264K$264K$0$0
Advertising and promotionLn 12$41K$41K
Office expensesLn 13$98K$98K
Information technologyLn 14$4K$4K
OccupancyLn 16$609K$609K
TravelLn 17$7K$7K
InterestLn 20$95K$95K
Depreciation, depletion and amortizationLn 22$387K$387K
InsuranceLn 23$66K$66K
Other expenses (24a–d)Ln 24$146K$146K
All other expensesLn 24e$111K$111K$0$0
Total functional expensesLn 25$3.5M$3.3M$274K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.9M$3.4M$416K$30.3M 990 PDF
FY2023 $3.4M$3.2M$217K$29.0M 990 PDF
FY2022 $3.0M$2.9M$178K$27.7M 990 PDF
FY2021 $4.2M$2.6M$1.5M$29.3M 990 PDF
FY2020 Viewing $4.8M$3.5M$1.2M$27.4M 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 FY2020 990 (4 parts)
Part VIII · Statement of revenue $4,772,744 across 5 lines filed
Lines not itemized here account for $362,001 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,117,821$2,117,821
VIII-3 Investment incomeExcluded from tax $1,511,719$1,511,719
VIII-7 Net gain or loss on sales of assetsExcluded from tax $781,203$781,203
VIII-12 Total revenueRelated to mission $2,398,481 · Unrelated business $81,341 · Excluded from tax $2,292,922$4,772,744
Part IX · Statement of functional expenses $3,529,420 across 17 lines filed
IX-7 Other salaries and wagesPrograms $1,159,220 · Management $200,090$1,359,310
IX-8 Pension plan contributionsPrograms $34,328 · Management $5,925$40,253
IX-9 Other employee benefitsPrograms $129,772 · Management $22,400$152,172
IX-10 Payroll taxesPrograms $81,710 · Management $14,104$95,814
IX-11c Accounting feesPrograms $24,000$24,000
IX-11f Investment management feesManagement $31,632$31,632
IX-11g Other fees for servicesPrograms $263,985 · Management $0 · Fundraising $0$263,985
IX-12 Advertising and promotionPrograms $41,465$41,465
IX-13 Office expensesPrograms $97,535$97,535
IX-14 Information technologyPrograms $3,723$3,723
IX-16 OccupancyPrograms $608,847$608,847
IX-17 TravelPrograms $6,848$6,848
IX-20 InterestPrograms $94,798$94,798
IX-22 Depreciation, depletion and amortizationPrograms $386,598$386,598
IX-23 InsurancePrograms $65,851$65,851
IX-24 Other expenses (24a–d)Programs $145,751$145,751
IX-24e All other expensesPrograms $110,838 · Management $0 · Fundraising $0$110,838
IX-25 Total functional expensesPrograms $3,255,269 · Management $274,151 · Fundraising $0$3,529,420
Part X · Balance sheet $38,002,158 assets, 17 lines filed
Asset lines not itemized here account for $2,009,130; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $5,122,752$6,771,961
X-4 Accounts receivableStart of year $544,430$342,641
X-8 Inventories for sale or useStart of year $918,309$734,887
X-9 Prepaid expenses and deferred chargesStart of year $142,414$111,712
X-10c Land, buildings and equipment, netStart of year $10,168,509$10,008,237
X-11 Publicly traded securitiesStart of year $16,775,588$17,330,754
X-13 Program-related investmentsStart of year $643,981$692,836
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $36,021,194$38,002,158
X-17 Accounts payable and accrued expensesStart of year $7,079,994$8,795,774
X-19 Deferred revenueStart of year $155,595$145,173
X-20 Tax-exempt bond liabilitiesStart of year $1,802,398$1,442,491
X-25 Other liabilitiesStart of year $312,989$261,315
X-26 Total liabilitiesStart of year $9,350,976$10,644,753
X-27 Net assets without donor restrictionsStart of year $26,670,218$27,357,405
X-32 Total net assets or fund balancesStart of year $26,670,218$27,357,405
X-33 Total liabilities and net assetsStart of year $36,021,194$38,002,158
Part XI · Reconciliation of net assets $27,357,405 net assets at year end
XI-1 Total revenue$4,772,744
XI-2 Total expenses$3,529,420
XI-3 Revenue less expenses$1,243,324
XI-4 Net assets at start of year$26,670,218
XI-5 Net unrealized gains (losses) on investments−$607,811
XI-9 Other changes in net assets$51,674
XI-10 Net assets at end of year$27,357,405

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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