2023-12-20T13:54:21-06:00 2023-06-30 390859910 BAKER TILLY US LLP 790 N WATER ST SUITE 2000 MILWAUKEE WI 53202 990 2022-07-01 050536002 VICTORIAN WOODS SENIOR LIVING INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS VICT 8476354600 1001 E TOUHY AVENUE 50 DES PLAINES IL 60018 LISA SROGA VP OF FINANCE/CFO 8476354600 2023-12-19 1 LISA SROGA XXX-XX-XXXX 1 TROY MARINE CPA P00187863 4147775500 2023-12-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MARK A STUTRUD 1001 E TOUHY AVENUE 50 DES PLAINES IL 60018 621045 0 9386 X WWW.LSSI.ORG X 1994 IL HUD SUBSIDIZED HOUSING FOR THE ELDERLY. 13 13 0 13 0 0 0 0 622746 608809 -2002 586 8653 11650 629397 621045 0 0 0 0 185784 179887 0 0 0 607456 602194 793240 782081 -163843 -161036 4564821 4431692 4508836 4536743 55985 -105051 VICTORIAN WOODS SENIOR LIVING, INC. IS A SERVICE CORPORATION ORGANIZED FOR THE PURPOSE OF PROVIDING ELDERLY INDIVIDUALS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR SPECIAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS. 0 0 705042 608809 PROVIDED HOUSING FOR THE ELDERLY, IN A FACILITY WITH 59 UNITS AVAILABLE FOR AFFORDABLE HOUSING. 705042 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X X LUTHERAN SOCIAL SERVICES OF IL 8476354600 1001 EAST TOUHY SUITE 50 DES PLAINES IL 60018 REV KATHIE BENDER SCHWICH CHAIR 0.10 2.80 X X 0 0 0 ESTHER M MACCHIONE VICE CHAIR 0.10 2.80 X X 0 0 0 JOHN T RUDY CHAIR EMERITUS 0.10 2.80 X X 0 0 0 REV YOUNGSHIM E PITCHER SECRETARY 0.10 2.80 X X 0 0 0 REV DR M WYVETTA BULLOCK TREASURER 0.10 2.80 X 0 0 0 DONALD B ERICKSON DIRECTOR 0.10 2.80 X 0 0 0 JAMES E HARNEY DIRECOTR 0.10 2.80 X 0 0 0 JUDY K DALHAUS DIRECTOR 0.10 2.80 X 0 0 0 RON KOK-ALBLAS DIRECTOR 0.10 2.80 X 0 0 0 REV RHONDA L PRUITT DIRECTOR 0.10 2.80 X 0 0 0 REV DR GREG BUSBOOM BISHOP/EX OFFICIO 0.10 2.80 X 0 0 0 REV STACIE FIDLAR BISHOP/EX OFFICIO 0.10 2.80 X 0 0 0 REV YEHIEL CURRY BISHOP/EX OFFICIO 0.10 2.80 X 0 0 0 MARK A STUTRUD CEO 0.20 39.80 X 0 758395 63277 LISA SROGA VP FINANCE/CFO 0.20 39.80 X 0 199395 3353 DOTTIE GARRITY - EXEC DIR STRATEGIC INFORMATION (TERM. 09/2022) 0.20 39.80 X 0 120681 7992 DAVID K WILDS DIR OF TREASURY SERVICES 0.20 39.80 X 0 0 0 0 1078471 74622 0 0 1 0 0 GOVERNMENT CONTRACTS 623000 372936 372936 TENANT RENTS 623000 235873 235873 608809 586 586 OTHER REVENUE 812300 11650 11650 11650 621045 608809 0 12236 146841 146841 2843 2843 16237 16237 13966 13966 11 11 19435 13063 6372 15443 15443 39979 39979 67871 67871 3196 3196 2 2 182773 182773 43357 43357 OPERATING & MAINTENANCE 107227 107227 MANAGEMENT FEE 55224 55224 ELDERLY & CONGREGATE 51024 51024 SUPPLIES 16336 16336 316 316 782081 705042 77039 0 62624 99571 451760 445108 6869122 2982109 4050437 3887013 4564821 4431692 80040 109763 4408605 4408605 20191 18375 4508836 4536743 X 55985 -105051 55985 -105051 4564821 4431692 -161036 0 X X 0 1 X 1 1 1 X 163788 0 0 0 0 163788 566343 577748 611572 622746 608809 2987218 730131 577748 611572 622746 608809 3151006 0 0 0 3151006 689 470 212 127 586 2084 689 470 212 127 586 2084 10378 7662 12515 8653 11650 50858 741198 585880 624299 631526 621045 3203948 0.98350 0.98580 0.00070 0.00060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY AND VENDING - 2018 AMOUNT: $ 8,006. 2019 AMOUNT: $ 6,578. 2020 AMOUNT: $ 7,992. 2021 AMOUNT: $ 7,822. 2022 AMOUNT: $ 7,402. MISCELLANEOUS - 2018 AMOUNT: $ 2,372. 2019 AMOUNT: $ 1,084. 2020 AMOUNT: $ 4,523. 2021 AMOUNT: $ 831. 2022 AMOUNT: $ 4,248. 295332 295332 6022894 2494570 3528324 17863 12910 4953 533033 474629 58404 3887013 TENANT SECURITY DEPOSITS 18356 DUE TO HUD, RESIDUAL RECEIPTS 19 18375 621045 0 621045 0 621045 782081 0 782081 0 782081 0 1 0 0 0 0 0 0 0 MARK A STUTRUD CEO 0 288424 0 60000 0 409971 0 44979 0 18298 0 821672 0 400000 LISA SROGA VP FINANCE/CFO 0 179867 0 15000 0 4528 0 0 0 3353 0 202748 0 0 PART I, LINE 3 ALL OFFICERS ARE EMPLOYEES OF LUTHERAN SOCIAL SERVICES OF ILLINOIS (LSSI), A RELATED ORGANIZATION. LSSI USES THE FOLLOWING METHODS TO ESTABLISH THE COMPENSATION OF THE CEO: COMPENSATION COMMITTEE; WRITTEN EMPLOYMENT CONTRACT; AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINE 4B MARK STUTRUD, CEO OF LSSI, IS ENTITLED TO BENEFITS UNDER A 457F PLAN MAINTAINED BY LSSI. DURING FY23, THE AMOUNT ACCRUED WAS $44,979 AND MARK RECEIVED A PAYOUT OF $400,000. FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF FORM 990 IS SENT TO BOTH THE ORGANIZATION'S BOARD OF DIRECTORS AND TO THE AUDIT COMMITTEE OF LUTHERAN SOCIAL SERVICES OF ILLINOIS (LSSI), A RELATED ORGANIZATION, FOR THEIR REVIEW. ANY CHANGES OR COMMENTS RESULTING FROM THEIR REVIEW ARE THEN REFLECTED IN THE FORM 990 PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO DISCLOSE POSSIBLE CONFLICTS OF INTEREST ANNUALLY BY SIGNING THE CONFLICT OF INTEREST POLICY. ADDITIONALLY, THE ORGANIZATION USES A GROUP PURCHASING ORGANIZATION THAT MONITORS POTENTIAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, QUESTION 2C: THE AUDIT COMMITTEE OF LSSI IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AS WELL AS THE SELECTION AND RECOMMENDATION OF THE INDEPENDENT ACCOUNTANT TO THE BOARD FOR ITS APPROVAL ON BEHALF OF THE ORGANIZATION. FORM 990, PART X, LINE 19: U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, CAPITAL ADVANCE NOT TO EXCEED $6,524,200, NO PRINCIPAL PAYMENTS REQUIRED, NON-INTEREST BEARING, DUE JUNE 1, 2046, SECURED BY BUILDING. IF THE PROJECT IS IS USED FOR APPROVED PURPOSES OVER THE TERM, THE LOAN WILL BE DEEMED TO BE PAID AND DISCHARGED. THE AMOUNT DRAWN TO DATE IS $6,524,200. GRANT REVENUE FROM THE CONVERSION AGREEMENT WAS BEING RECOGNIZED OVER THE TERM OF THE AGREEMENT ON A STRAIGHT-LINE BASIS THROUGH JUNE 30, 2019. EFFECTIVE JULY 1, 2019, THE PROJECT ADOPTED ASU NO. 2018-08 AND AS REQUIRED BY THE STANDARD, THE PROJECT IS NO LONGER RECOGNIZING REVENUE OVER THE TERM OF THE AGREEMENT AND WILL RECOGNIZE THE REMAINING REVENUE AT THE TIME ALL CONDITIONS ARE MET BY THE PROJECT. THE CONDITIONAL CAPITAL ADVANCE RECORDED AT JUNE 30, 2023 AND 2022 WAS $4,408,605. AURORA SENIOR HOUSING INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 364274216 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 BATAVIA COUNCIL ON AGING INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363084946 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 DEER CREEK MANOR INC (NFP) 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 205849983 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 DEKALB HOUSING FOR THE HANDICAPPED INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363077011 HOUSING FOR THE HANDICAPPED IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 FORSBERG CHRISTIAN RETIREMENT CENTER INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363396547 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 FOX HILL SENIOR HOUSING INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 273372031 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 FREEPORT SENIOR HOUSING II INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 364401036 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 FREEPORT SENIOR HOUSING INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363774949 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 LUTHER CENTER INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 262564449 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 LUTHERAN SOCIAL SERVICES OF ILLINOIS 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 362584799 SOCIAL SERVICES IL 501(C)(3) LINE 7 N/A 0 MATINS INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 364376713 SOCIAL SERVICES IL 501(C)(3) LINE 12A, I LUTHERAN SOCIAL SERVICES OF IL 0 NORTHWEST CHICAGO GROUP HOMES INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363693249 HOUSING FOR THE MENTALLY ILL IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 OUR SAVIOR'S SENIOR HOUSING INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363868008 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 ROCHELLE SENIOR HOUSING INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363936045 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 ROLLING MEADOWS SENIOR LIVING INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 061825461 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 SALEM VILLAGE III INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363736904 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 SPRING RIDGE HOUSING FOR SENIORS INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 050536005 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 TABOR LUTHERAN SENIOR HOUSING INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363868007 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 THE CORNERSTONE FOUNDATION INC 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363289363 SOCIAL SERVICES IL 501(C)(3) LINE 12A, I LUTHERAN SOCIAL SERVICES OF IL 0 VESPER MANAGEMENT CORPORATION 1001 E TOUHY AVE STE 50 DES PLAINES IL 60018 363396543 SOCIAL SERVICES IL 501(C)(3) LINE 12A, I LUTHERAN SOCIAL SERVICES OF IL 0 ASSISI HOMES - DOWNER PLACE INC 1001 E TOUHY AVE SUITE 50 DES PLAINES IL 60018 364083919 HOUSING FOR THE ELDERLY IL 501(C)(3) LINE 10 LUTHERAN SOCIAL SERVICES OF IL 0 LSSI ROCKFORD PROPERTY INC 1001 E TOUHY AVE SUITE 50 DES PLAINES IL 60018 362903955 HOUSING IL N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 LUTHERAN SOCIAL SERVICES OF ILLINOIS P 75909 FMV