Unlimited Development INC FY2022 filing

Tax-deductible

Galesburg, IL501(c)(3)Since 1996HousingEIN 36-4094409

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The mission of the organization is articulated in its articles of incorporation as follows:the corporation is organized exclusively for charitable purposes as defined in section 501(c)(3) of the internal revenue code of 1986, as amended. In furtherance of those charitable purposes, the corporation shall be empowered to build, lease, acquire and otherwise own and operate residential facilities, nursing facilities and other related facilities and services for the elderly, mentally retarded, mentally ill, developmentally disabled and other like conditions without regard to race, religion, color, sex, creed or national origin of said persons. The corporation will not engage in the practice of medicine nor render any licensed professional services.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$620K 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 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
4 of 5
filings with a surplus
Average surplus $2.8M a year · 3% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$620K
to officers and key staff · 0.6% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $9K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$19.7M
27% of total assets
Looks good: liabilities are 27% 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
$105.2M
+7% vs prior year
Spent
$104.4M
To programs
95%
Net assets
$52.1M
By yearFY2020–FY2024
Revenue
$105.2M
FY2022▲ +7%
Revenue by fiscal year
FY2020$111.0M
FY2021$98.4M
FY2022$105.2M
FY2023$118.9M
FY2024$128.5M
FY2024$135.9M
Expenses
$104.4M
FY2022▲ +10%
Expenses by fiscal year
FY2020$100.3M
FY2021$94.6M
FY2022$104.4M
FY2023$121.9M
FY2024$126.7M
FY2024$135.2M
Net assets
$52.1M
FY2022▼ -3%
Net assets by fiscal year
FY2020$47.8M
FY2021$53.7M
FY2022$52.1M
FY2023$50.2M
FY2024$56.0M
FY2024$56.4M

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

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1996.

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

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $99.3M Management & general 5% · $5.1M

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

11 people listed on the 990; $620K 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
Administrator
$131,800Pt VII · Sec A
Administrator
$122,680Pt VII · Sec A
Administrator
$117,906Pt VII · Sec A
Administrator
$115,703Pt VII · Sec A
$109,374Pt VII · Sec A
$4,500Pt VII · Sec A
$4,500Pt VII · Sec A
Secretary
$4,500Pt VII · Sec A

Thomas Mayer’s $155K as Registered Nurse is at the 0th percentile of top reported officer pay among 33 $100M+ housing 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

NameFY2024FY2024FY2023FY2022FY2021FY2020
Thomas Mayer$154,863$159,103————
Amanda Lyons$154,346—————
Donna Williams-Gray$150,156—————
Tenia Calhoon$135,567$137,761$128,442$131,800$126,494$122,729
Jody Clark——$133,862———
Tracy Owens—$133,562$130,969$122,680$119,376$123,816
Debbie Snow$128,743$123,416————
Dana Bainter—$126,747—$115,703$111,136$107,136

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

Operates nursing and assisted living facilities for the elderly.

Provided by the organization

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1 program · $99.3M · in their own filed words · FY2021
01

All program services relate to providing and operating skilled nursing facilities, assisted, semi-independent and supportive living facilities and other related health care services to the elderly. The organization operates 23 facilities with a combined total of 1,741 beds.

$99.3Mprogram 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
Total grants receivedfrom 1 funder$9K

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$105.2M
Ln 12
Fees for servicesLn 2g$99.3M
Gifts and grantsLn 1h$4.9M
Investment incomeLn 3$1.0M
Money outPt IX
$104.4M
Ln 25
Programscol B$99.3M
Managementcol C$5.1M
Owns and owesPt X
$52.1M
net assets · Ln 32
Cash and savingsLn 1–2$13.4M
Total assetsLn 16$71.8M
LiabilitiesLn 26$19.7M
PeoplePt VI, VII
11
listed · VII A
PaidVII A10
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.9M
Government grantsLn 1e$4.9M
Fees for servicesLn 2g$99.3M
Investment incomeLn 3$1.0M
Gains on assetsLn 7$314K
Total revenueLn 12$105.2M
Assets in detailPt X, end of year
CashLn 1$1.7M
SavingsLn 2$11.7M
Cash and savings togetherLn 1–2$13.4M
InvestmentsLn 11–13$18.9M
Land, buildings, equipmentLn 10c$21.1M
Total assetsLn 16$71.8M
LiabilitiesLn 26$19.7M
Net assetsLn 32$52.1M
OperationsPt I, VI
EmployeesI 52,749
VolunteersI 6102
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY22End FY22
Cash and savingsLn 1–2$19.9M$13.4M
InvestmentsLn 11–13$16.2M$18.9M
Land, buildings, equipmentLn 10c$22.3M$21.1M
Total assetsLn 16$74.5M$71.8M
LiabilitiesLn 26$20.8M$19.7M
Net assetsLn 32$53.7M$52.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$14K$14K
Other salaries and wagesLn 7$47.2M$46.0M$1.2M
Pension plan contributionsLn 8$221K$215K$6K
Other employee benefitsLn 9$2.4M$2.3M$61K
Payroll taxesLn 10$3.3M$3.2M$83K
Management feesLn 11a$3.7M$2.5M$1.2M
Legal feesLn 11b$105K$105K
Accounting feesLn 11c$279K$279K
Lobbying feesLn 11d$31K$31K
Investment management feesLn 11f$174K$174K
Other fees for servicesLn 11g$9.5M$9.5M$64K
Advertising and promotionLn 12$841K$757K$84K
Office expensesLn 13$513K$405K$108K
Information technologyLn 14$409K$327K$82K
OccupancyLn 16$15.4M$15.0M$450K
TravelLn 17$159K$159K$243
Conferences, conventions and meetingsLn 19$34K$22K$12K
InterestLn 20$3K$3K$86
Depreciation, depletion and amortizationLn 22$2.3M$2.1M$113K
InsuranceLn 23$1.8M$1.8M$18K
Other expenses (24a–d)Ln 24$15.2M$14.6M$589K
All other expensesLn 24e$683K$91K$592K
Total functional expensesLn 25$104.4M$99.3M$5.1M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $128.5M$126.7M$1.8M$56.0M 990 PDF
FY2023 $118.9M$121.9M−$3.1M$50.2M 990 PDF
FY2022 Viewing $105.2M$104.4M$791K$52.1M 990 PDF
FY2021 $98.4M$94.6M$3.8M$53.7M 990 PDF
FY2020 $111.0M$100.3M$10.8M$47.8M 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 FY2022 990 (5 parts)
Part I · Summary $105,201,849 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,962,864$4,943,739
I-9 Program service revenuePrior year $94,447,407$99,254,958
I-10 Investment incomePrior year $1,011,375$1,003,152
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $98,421,646$105,201,849
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $45,111,169$53,178,570
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $49,465,457$51,231,873
I-18 Total expensesPrior year $94,576,626$104,410,443
I-19 Revenue less expensesPrior year $3,845,020$791,406
Part VIII · Statement of revenue $105,201,849 across 7 lines filed
VIII-1e Government grants$4,934,426
VIII-1f All other contributions, gifts and grants$9,313
VIII-1h Total contributions, gifts and grants$4,943,739
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $99,254,608 · Unrelated business $350$99,254,958
VIII-3 Investment incomeExcluded from tax $689,104$689,104
VIII-7 Net gain or loss on sales of assetsExcluded from tax $314,048$314,048
VIII-12 Total revenueRelated to mission $99,254,608 · Unrelated business $350 · Excluded from tax $1,003,152$105,201,849
Part IX · Statement of functional expenses $104,410,443 across 22 lines filed
IX-5 Pay of current officers, directors and key staffManagement $13,500$13,500
IX-7 Other salaries and wagesPrograms $46,047,841 · Management $1,187,313$47,235,154
IX-8 Pension plan contributionsPrograms $215,356 · Management $5,553$220,909
IX-9 Other employee benefitsPrograms $2,347,411 · Management $60,526$2,407,937
IX-10 Payroll taxesPrograms $3,218,094 · Management $82,976$3,301,070
IX-11a Management feesPrograms $2,523,008 · Management $1,226,225$3,749,233
IX-11b Legal feesManagement $105,088$105,088
IX-11c Accounting feesManagement $279,041$279,041
IX-11d Lobbying feesManagement $31,162$31,162
IX-11f Investment management feesPrograms $174,137$174,137
IX-11g Other fees for servicesPrograms $9,464,572 · Management $64,405$9,528,977
IX-12 Advertising and promotionPrograms $757,044 · Management $84,116$841,160
IX-13 Office expensesPrograms $404,676 · Management $107,898$512,574
IX-14 Information technologyPrograms $326,903 · Management $81,726$408,629
IX-16 OccupancyPrograms $14,983,005 · Management $449,738$15,432,743
IX-17 TravelPrograms $159,110 · Management $243$159,353
IX-19 Conferences, conventions and meetingsPrograms $22,256 · Management $11,817$34,073
IX-20 InterestPrograms $2,767 · Management $86$2,853
IX-22 Depreciation, depletion and amortizationPrograms $2,147,812 · Management $113,043$2,260,855
IX-23 InsurancePrograms $1,808,369 · Management $17,641$1,826,010
IX-24 Other expenses (24a–d)Programs $14,614,250 · Management $589,052$15,203,302
IX-24e All other expensesPrograms $91,099 · Management $591,584$682,683
IX-25 Total functional expensesPrograms $99,307,710 · Management $5,102,733 · Fundraising $0$104,410,443
Part X · Balance sheet $71,835,408 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,813,867$1,714,475
X-2 Savings and temporary cash investmentsStart of year $18,132,136$11,708,808
X-4 Accounts receivableStart of year $14,582,732$17,023,475
X-9 Prepaid expenses and deferred chargesStart of year $1,500,926$1,392,127
X-10c Land, buildings and equipment, netStart of year $22,292,023$21,127,751
X-11 Publicly traded securitiesStart of year $15,867,664$18,858,772
X-13 Program-related investmentsStart of year $310,000$10,000
X-16 Total assetsStart of year $74,499,348$71,835,408
X-17 Accounts payable and accrued expensesStart of year $11,451,583$14,961,956
X-19 Deferred revenueStart of year $1,878,928$1,314,000
X-25 Other liabilitiesStart of year $7,471,662$3,453,995
X-26 Total liabilitiesStart of year $20,802,173$19,729,951
X-27 Net assets without donor restrictionsStart of year $53,697,175$52,105,457
X-32 Total net assets or fund balancesStart of year $53,697,175$52,105,457
X-33 Total liabilities and net assetsStart of year $74,499,348$71,835,408
Part XI · Reconciliation of net assets $52,105,457 net assets at year end
XI-1 Total revenue$105,201,849
XI-2 Total expenses$104,410,443
XI-3 Revenue less expenses$791,406
XI-4 Net assets at start of year$53,697,175
XI-5 Net unrealized gains (losses) on investments−$2,383,124
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$52,105,457

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

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