Oakside Corporation FY2021 filing

Tax-deductible

Kankakee, IL501(c)(3)Health CareEIN 36-3166804Revenue $4.2M in FY2021

On file with the IRS350 N Wall St, 60901-2901 · Kankakee, ILTax-exempt since Oct 1983Supporting organization — 509(a)(3)

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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.
$144K 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
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
$144K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
38 mo
of spending, in cash
Looks good: 38.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$10.1M
26% of total assets
Looks good: liabilities are 26% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 6 voting members
Looks good: 5 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.2M
-13% vs prior year
Spent
$2.6M
To programs
92%
Net assets
$29.3M
By yearFY2020–FY2024
Revenue
$4.2M
FY2021▼ -13%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.8M
FY2021$4.2M
FY2022$3.0M
FY2023$3.4M
FY2024$3.9M
Expenses
$2.6M
FY2021▼ -25%
Tap a bar for its year
Expenses by fiscal year
FY2020$3.5M
FY2021$2.6M
FY2022$2.9M
FY2023$3.2M
FY2024$3.4M
Net assets
$29.3M
FY2021▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$27.4M
FY2021$29.3M
FY2022$27.7M
FY2023$29.0M
FY2024$30.3M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim
You’re viewing the FY2021 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% · $2.4M Management & general 8% · $206K

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

10 people listed on the 990; $144K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director - Fitness Center
$144,078Pt VII · Sec A
$0Pt VII · Sec A
President/CEO
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Assistant Secretary
$0Pt VII · Sec A
Treasurer/CFO
$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.

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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 15aNo

Programs and updates

Provides human services for treating and preventing disabling conditions.

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Provided by the organization

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2 programs · $2.4M · in their own filed words · FY2021
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.

$2.4Mprogram expense
02

Oakside corporation provides building rental to riverside medical center to further its mission.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.2M
Ln 12
Fees for servicesLn 2g$2.3M
Investment incomeLn 3$1.9M
Money outPt IX
$2.6M
Ln 25
Programscol B$2.4M
Managementcol C$206K
Owns and owesPt X
$29.3M
net assets · Ln 32
Cash and savingsLn 1–2$8.4M
Total assetsLn 16$39.5M
LiabilitiesLn 26$10.1M
PeoplePt VI, VII
10
listed · VII A
PaidVII A1
Voting boardVI 1a6
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.3M
Investment incomeLn 3$1.9M
Gains on assetsLn 7$692K
Total revenueLn 12$4.2M
Assets in detailPt X, end of year
CashLn 1$8.4M
Cash and savings togetherLn 1–2$8.4M
InvestmentsLn 11–13$18.9M
Land, buildings, equipmentLn 10c$9.8M
Other assetsLn 15$0
Total assetsLn 16$39.5M
LiabilitiesLn 26$10.1M
Net assetsLn 32$29.3M
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 FY21End FY21
Cash and savingsLn 1–2$6.8M$8.4M
InvestmentsLn 11–13$17.3M$18.9M
Land, buildings, equipmentLn 10c$10.0M$9.8M
Total assetsLn 16$38.0M$39.5M
LiabilitiesLn 26$10.6M$10.1M
Net assetsLn 32$27.4M$29.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$160K$136K$24K
Other salaries and wagesLn 7$864K$737K$127K
Pension plan contributionsLn 8$14K$12K$2K
Other employee benefitsLn 9$65K$55K$10K
Payroll taxesLn 10$70K$60K$10K
Accounting feesLn 11c$24K$24K
Investment management feesLn 11f$34K$34K
Other fees for servicesLn 11g$120K$120K$0$0
Advertising and promotionLn 12$32K$32K
Office expensesLn 13$101K$101K
Information technologyLn 14$2K$2K
OccupancyLn 16$543K$543K
TravelLn 17$7K$7K
InterestLn 20$88K$88K
Depreciation, depletion and amortizationLn 22$368K$368K
InsuranceLn 23$71K$71K
Other expenses (24a–d)Ln 24$81K$81K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$2.6M$2.4M$206K$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 Viewing $4.2M$2.6M$1.5M$29.3M 990 PDF
FY2020 $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 FY2021 990 (6 parts)
Part I · Summary $4,167,749 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $2,117,821$2,283,056
I-10 Investment incomePrior year $2,292,922$1,939,319
I-11 Other revenuePrior year $362,001−$54,626
I-12 Total revenuePrior year $4,772,744$4,167,749
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,647,549$1,172,419
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,881,871$1,470,248
I-18 Total expensesPrior year $3,529,420$2,642,667
I-19 Revenue less expensesPrior year $1,243,324$1,525,082
Part VI · Governance 5 of 6 board members independent, 1 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members5
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $4,167,749 across 6 lines filed
Lines not itemized here account for −$54,802 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 $2,283,056$2,283,056
VIII-3 Investment incomeExcluded from tax $1,247,325$1,247,325
VIII-7 Net gain or loss on sales of assetsExcluded from tax $691,994$691,994
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $176$176
VIII-12 Total revenueRelated to mission $2,228,254 · Unrelated business $0 · Excluded from tax $1,939,495$4,167,749
Part IX · Statement of functional expenses $2,642,667 across 18 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $136,212 · Management $23,511$159,723
IX-7 Other salaries and wagesPrograms $736,510 · Management $127,126$863,636
IX-8 Pension plan contributionsPrograms $11,956 · Management $2,064$14,020
IX-9 Other employee benefitsPrograms $55,385 · Management $9,559$64,944
IX-10 Payroll taxesPrograms $59,778 · Management $10,318$70,096
IX-11c Accounting feesPrograms $24,000$24,000
IX-11f Investment management feesManagement $33,731$33,731
IX-11g Other fees for servicesPrograms $119,729 · Management $0 · Fundraising $0$119,729
IX-12 Advertising and promotionPrograms $31,904$31,904
IX-13 Office expensesPrograms $100,723$100,723
IX-14 Information technologyPrograms $2,244$2,244
IX-16 OccupancyPrograms $543,309$543,309
IX-17 TravelPrograms $6,806$6,806
IX-20 InterestPrograms $88,267$88,267
IX-22 Depreciation, depletion and amortizationPrograms $367,987$367,987
IX-23 InsurancePrograms $70,831$70,831
IX-24 Other expenses (24a–d)Programs $80,717$80,717
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $2,436,358 · Management $206,309 · Fundraising $0$2,642,667
Part X · Balance sheet $39,456,685 assets, 16 lines filed
Asset lines not itemized here account for $2,089,182; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $6,771,961$8,358,102
X-4 Accounts receivableStart of year $342,641$139,311
X-8 Inventories for sale or useStart of year $734,887$110,634
X-9 Prepaid expenses and deferred chargesStart of year $111,712$101,991
X-10c Land, buildings and equipment, netStart of year $10,008,237$9,788,409
X-11 Publicly traded securitiesStart of year $17,330,754$18,869,056
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $38,002,158$39,456,685
X-17 Accounts payable and accrued expensesStart of year $8,795,774$8,563,193
X-19 Deferred revenueStart of year $145,173$144,658
X-20 Tax-exempt bond liabilitiesStart of year $1,442,491$1,301,243
X-25 Other liabilitiesStart of year $261,315$111,233
X-26 Total liabilitiesStart of year $10,644,753$10,120,327
X-27 Net assets without donor restrictionsStart of year $27,357,405$29,336,358
X-32 Total net assets or fund balancesStart of year $27,357,405$29,336,358
X-33 Total liabilities and net assetsStart of year $38,002,158$39,456,685
Part XI · Reconciliation of net assets $29,336,358 net assets at year end
XI-1 Total revenue$4,167,749
XI-2 Total expenses$2,642,667
XI-3 Revenue less expenses$1,525,082
XI-4 Net assets at start of year$27,357,405
XI-5 Net unrealized gains (losses) on investments$303,790
XI-9 Other changes in net assets$150,083
XI-10 Net assets at end of year$29,336,358

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

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