Pioneer Concepts INC

Tax-deductible

Galesburg, IL501(c)(3)Since 1996HousingEIN 36-4143602Revenue $12.0M in FY2025

On file with the IRS285 S Farnham St, 61401-5323 · Galesburg, ILTax-exempt since Sep 1997Publicly supported — 509(a)(2)

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To provide & operate long-term care facilities for the developmentally disabled

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Run by 5 volunteers and 194 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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
3 of 5
filings with a surplus
Average surplus $436K a year · 4% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$917K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.0M
+8% vs prior year
Spent
$11.0M
To programs
94%
Net assets
$32.3M
By yearFY2021–FY2025
Revenue
$12.0M
FY2025▲ +8%
Tap a bar for its year
Revenue by fiscal year
FY2021$10.7M
FY2022$9.7M
FY2023$8.9M
FY2024$11.1M
FY2025$12.0M
Expenses
$11.0M
FY2025▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2021$8.7M
FY2022$9.3M
FY2023$10.3M
FY2024$11.1M
FY2025$11.0M
Net assets
$32.3M
FY2025▲ +4%
Tap a bar for its year
Net assets by fiscal year
FY2021$31.1M
FY2022$31.8M
FY2023$30.4M
FY2024$31.0M
FY2025$32.3M

From the FY2025 Form 990 (year ending March 2025) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Sep 1997.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $10.3M Management & general 6% · $658K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Pioneer Concepts INC 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 15aNo

Programs and updates

Operates long-term care facilities for the developmentally disabled.

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Provided by the organization

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1 program · $10.3M · in their own filed words · FY2024
01

All program services related to providing and operating long-term care facilities and other related services to the developmentally disabled. The organization operates 10 facilities with a combined total of 142 beds within these facilities.

$10.3Mprogram expense

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$12.0M
Ln 12
Fees for servicesLn 2g$11.0M
Investment incomeLn 3$986K
Money outPt IX
$11.0M
Ln 25
Programscol B$10.3M
Managementcol C$658K
Owns and owesPt X
$32.3M
net assets · Ln 32
Cash and savingsLn 1–2$5.6M
Total assetsLn 16$33.2M
LiabilitiesLn 26$917K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$11.0M
Investment incomeLn 3$986K
Gains on assetsLn 7$326K
Total revenueLn 12$12.0M
Assets in detailPt X, end of year
CashLn 1$2.1M
SavingsLn 2$3.5M
Cash and savings togetherLn 1–2$5.6M
InvestmentsLn 11–13$25.7M
Land, buildings, equipmentLn 10c$1.5M
Other assetsLn 15$0
Total assetsLn 16$33.2M
LiabilitiesLn 26$917K
Net assetsLn 32$32.3M
OperationsPt I, VI
EmployeesI 5194
VolunteersI 65
Fiscal year endsHeaderMarch
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 FY25End FY25
Cash and savingsLn 1–2$4.4M$5.6M
InvestmentsLn 11–13$25.6M$25.7M
Land, buildings, equipmentLn 10c$1.5M$1.5M
Total assetsLn 16$32.5M$33.2M
LiabilitiesLn 26$1.5M$917K
Net assetsLn 32$31.0M$32.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$6.4M$6.2M$232K
Pension plan contributionsLn 8$13K$13K$472
Other employee benefitsLn 9$327K$315K$12K
Payroll taxesLn 10$484K$467K$17K
Management feesLn 11a$593K$391K$202K
Legal feesLn 11b$14K$14K
Accounting feesLn 11c$62K$62K
Lobbying feesLn 11d$4K$4K
Investment management feesLn 11f$109K$109K
Other fees for servicesLn 11g$158K$158K
Advertising and promotionLn 12$225K$202K$22K
Office expensesLn 13$105K$84K$21K
Information technologyLn 14$48K$38K$10K
OccupancyLn 16$261K$255K$6K
TravelLn 17$159K$158K$1K
Conferences, conventions and meetingsLn 19$47K$42K$5K
Depreciation, depletion and amortizationLn 22$179K$170K$9K
InsuranceLn 23$31K$7K$23K
Other expenses (24a–d)Ln 24$1.7M$1.7M
All other expensesLn 24e$23K$6K$17K
Total functional expensesLn 25$11.0M$10.3M$658K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $12.0M$11.0M$1.1M$32.3M 990 PDF
FY2024 $11.1M$11.1M−$2K$31.0M 990 PDF
FY2023 $8.9M$10.3M−$1.4M$30.4M 990 PDF
FY2022 $9.7M$9.3M$493K$31.8M 990 PDF
FY2021 $10.7M$8.7M$2.0M$31.1M 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 FY2025 990 (6 parts)
Part I · Summary $12,022,761 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $10,411,694$11,036,880
I-10 Investment incomePrior year $719,369$985,881
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $11,131,063$12,022,761
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 $7,014,573$7,259,460
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,118,384$3,695,294
I-18 Total expensesPrior year $11,132,957$10,954,754
I-19 Revenue less expensesPrior year −$1,894$1,068,007
Part VI · Governance 4 of 4 board members independent, 3 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
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
Part VIII · Statement of revenue $12,022,761 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $11,036,880$11,036,880
VIII-3 Investment incomeExcluded from tax $660,059$660,059
VIII-7 Net gain or loss on sales of assetsExcluded from tax $325,822$325,822
VIII-12 Total revenueRelated to mission $11,036,880 · Unrelated business $0 · Excluded from tax $985,881$12,022,761
Part IX · Statement of functional expenses $10,954,754 across 20 lines filed
IX-7 Other salaries and wagesPrograms $6,203,383 · Management $231,708$6,435,091
IX-8 Pension plan contributionsPrograms $12,647 · Management $472$13,119
IX-9 Other employee benefitsPrograms $315,294 · Management $11,777$327,071
IX-10 Payroll taxesPrograms $466,745 · Management $17,434$484,179
IX-11a Management feesPrograms $390,664 · Management $202,033$592,697
IX-11b Legal feesManagement $14,029$14,029
IX-11c Accounting feesManagement $61,891$61,891
IX-11d Lobbying feesManagement $3,701$3,701
IX-11f Investment management feesPrograms $109,181$109,181
IX-11g Other fees for servicesPrograms $158,234$158,234
IX-12 Advertising and promotionPrograms $202,262 · Management $22,474$224,736
IX-13 Office expensesPrograms $83,733 · Management $21,462$105,195
IX-14 Information technologyPrograms $38,082 · Management $9,521$47,603
IX-16 OccupancyPrograms $255,110 · Management $6,057$261,167
IX-17 TravelPrograms $158,064 · Management $1,269$159,333
IX-19 Conferences, conventions and meetingsPrograms $41,875 · Management $4,653$46,528
IX-22 Depreciation, depletion and amortizationPrograms $169,979 · Management $8,946$178,925
IX-23 InsurancePrograms $7,158 · Management $23,350$30,508
IX-24 Other expenses (24a–d)Programs $1,678,258$1,678,258
IX-24e All other expensesPrograms $6,123 · Management $17,185$23,308
IX-25 Total functional expensesPrograms $10,296,792 · Management $657,962 · Fundraising $0$10,954,754
Part X · Balance sheet $33,185,863 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $499,205$2,061,190
X-2 Savings and temporary cash investmentsStart of year $3,873,039$3,530,161
X-4 Accounts receivableStart of year $622,298$314,338
X-9 Prepaid expenses and deferred chargesStart of year $21,985$115,901
X-10c Land, buildings and equipment, netStart of year $1,466,766$1,498,141
X-11 Publicly traded securitiesStart of year $14,140,331$14,213,366
X-13 Program-related investmentsStart of year $11,452,766$11,452,766
X-15 Other assetsStart of year $439,000$0
X-16 Total assetsStart of year $32,515,390$33,185,863
X-17 Accounts payable and accrued expensesStart of year $893,881$707,849
X-19 Deferred revenueStart of year $68,000$86,000
X-25 Other liabilitiesStart of year $506,000$123,000
X-26 Total liabilitiesStart of year $1,467,881$916,849
X-27 Net assets without donor restrictionsStart of year $31,047,509$32,269,014
X-32 Total net assets or fund balancesStart of year $31,047,509$32,269,014
X-33 Total liabilities and net assetsStart of year $32,515,390$33,185,863
Part XI · Reconciliation of net assets $32,269,014 net assets at year end
XI-1 Total revenue$12,022,761
XI-2 Total expenses$10,954,754
XI-3 Revenue less expenses$1,068,007
XI-4 Net assets at start of year$31,047,509
XI-5 Net unrealized gains (losses) on investments$153,498
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$32,269,014

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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