Milestone Rocvale Foundation FY2022 filing

Tax-deductible

Loves Park, IL501(c)(3)Health CareEIN 36-3223946Revenue $392K in FY2022

On file with the IRS4060 McFarland Rd, 61111-4402 · Loves Park, ILTax-exempt since Aug 1983Publicly supported — 509(a)(2)

This page gets seen. Tell your story. Claim this org.

Serve the developmentally disabled.

501(c)(3) charity; gifts are tax-deductible.
69¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2022 · 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
2 of 6
filings with a surplus
Average deficit $99K a year · 23% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
69%
of spending
Fine: 69% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Cash reserves
3 mo
of spending, in cash
Looks good: 3.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$5K
0.04% of total assets
Looks good: liabilities are 0% 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
$392K
+33% vs prior year
Spent
$290K
To programs
69%
Net assets
$14.0M
By yearFY2020–FY2025
Revenue
$392K
FY2022▲ +33%
Tap a bar for its year
Revenue by fiscal year
FY2020$460K
FY2021$294K
FY2022$392K
FY2023$491K
FY2024$454K
FY2025$488K
Expenses
$290K
FY2022▲ +5%
Tap a bar for its year
Expenses by fiscal year
FY2020$971K
FY2021$276K
FY2022$290K
FY2023$611K
FY2024$523K
FY2025$503K
Net assets
$14.0M
FY2022▼ -14%
Tap a bar for its year
Net assets by fiscal year
FY2020$12.6M
FY2021$16.2M
FY2022$14.0M
FY2023$15.0M
FY2024$16.5M
FY2025$17.9M

From the FY2022 Form 990 (year ending June 2022) · see the original

Form 990 (PDF) 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 Aug 1983.

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

Where the money goes

69 cents of each dollar spent went to programs.

Program services 69% · $199K Management & general 31% · $90K

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

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A

James Hamilton’s $185K as President/Ce is at the 97th percentile of top reported officer pay among 1980 $100K–1M 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.

See Milestone Rocvale Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $199K · in their own filed words · FY2021
01

Support the care facilities for developmnetally disabled individuals.

$199Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 8 grants · $2.6M · 2019–2024
Milestone INCFY2024$365,293
Milestone INCFY2023$435,742
Milestone INCFY2022$521,689
Milestone INCFY2021$194,487
Milestone INCFY2020$184,617
Milestone INCFY2019$565,371
Milestone INCFY2019$293,332

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$392K
Ln 12
Investment incomeLn 3$371K
Gifts and grantsLn 1h$21K
Money outPt IX
$290K
Ln 25
Programscol B$199K
Managementcol C$90K
Owns and owesPt X
$14.0M
net assets · Ln 32
Cash and savingsLn 1–2$81K
Total assetsLn 16$14.0M
LiabilitiesLn 26$5K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21K
Investment incomeLn 3$371K
Total revenueLn 12$392K
Assets in detailPt X, end of year
CashLn 1$32K
SavingsLn 2$49K
Cash and savings togetherLn 1–2$81K
InvestmentsLn 11–13$6.8M
Other assetsLn 15$7.1M
Total assetsLn 16$14.0M
LiabilitiesLn 26$5K
Net assetsLn 32$14.0M
OperationsPt I, VI
EmployeesI 51
VolunteersI 68
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 FY22End FY22
Cash and savingsLn 1–2$44K$81K
InvestmentsLn 11–13$7.6M$6.8M
Total assetsLn 16$16.2M$14.0M
LiabilitiesLn 26$5K$5K
Net assetsLn 32$16.2M$14.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$199K$199K
Accounting feesLn 11c$11K$11K
Investment management feesLn 11f$76K$76K
Office expensesLn 13$596$596
InsuranceLn 23$2K$2K
Other expenses (24a–d)Ln 24$15$15
Total functional expensesLn 25$290K$199K$90K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $488K$503K−$14K$17.9M 990 PDF
FY2024 $454K$523K−$69K$16.5M 990 PDF
FY2023 $491K$611K−$120K$15.0M 990 PDF
FY2022 Viewing $392K$290K$102K$14.0M 990 PDF
FY2021 $294K$276K$17K$16.2M 990 PDF
FY2020 $460K$971K−$510K$12.6M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2022 990 (6 parts)
Part I · Summary $391,600 revenue, 12 lines filed
I-8 Contributions and grants$20,825
I-9 Program service revenue$0
I-10 Investment incomePrior year $293,963$370,775
I-11 Other revenue$0
I-12 Total revenuePrior year $293,963$391,600
I-13 Grants and similar amounts paidPrior year $194,617$199,487
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $81,874$90,323
I-18 Total expensesPrior year $276,491$289,810
I-19 Revenue less expensesPrior year $17,472$101,790
Part VI · Governance 5 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
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 $391,600 across 4 lines filed
VIII-1f All other contributions, gifts and grants$20,825
VIII-1h Total contributions, gifts and grants$20,825
VIII-3 Investment incomeExcluded from tax $370,775$370,775
VIII-12 Total revenueExcluded from tax $370,775$391,600
Part IX · Statement of functional expenses $289,810 across 6 lines filed
IX-1 Grants to domestic organizationsPrograms $199,487$199,487
IX-11c Accounting feesManagement $11,350$11,350
IX-11f Investment management feesManagement $76,194$76,194
IX-13 Office expensesManagement $596$596
IX-23 InsuranceManagement $2,168$2,168
IX-24 Other expenses (24a–d)Management $15$15
IX-25 Total functional expensesPrograms $199,487 · Management $90,323 · Fundraising $0$289,810
Part X · Balance sheet $13,975,588 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $3,743$31,581
X-2 Savings and temporary cash investmentsStart of year $39,947$49,321
X-11 Publicly traded securitiesStart of year $7,623,180$6,792,036
X-15 Other assetsStart of year $8,581,570$7,102,650
X-16 Total assetsStart of year $16,248,440$13,975,588
X-26 Total liabilitiesStart of year $5,171$5,171
X-27 Net assets without donor restrictionsStart of year $11,710,890$10,024,158
X-28 Net assets with donor restrictionsStart of year $4,532,379$3,946,259
X-32 Total net assets or fund balancesStart of year $16,243,269$13,970,417
X-33 Total liabilities and net assetsStart of year $16,248,440$13,975,588
Part XI · Reconciliation of net assets $13,970,417 net assets at year end
XI-1 Total revenue$391,600
XI-2 Total expenses$289,810
XI-3 Revenue less expenses$101,790
XI-4 Net assets at start of year$16,243,269
XI-5 Net unrealized gains (losses) on investments−$2,374,642
XI-10 Net assets at end of year$13,970,417

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.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

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.