2025-11-17T08:53:14-06:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 10401 W INNOVATION DR STE 300 WAUWATOSA WI 53226 990 2024-01-01 390806215 MILWAUKEE CATHOLIC HOME INC MILW 4142203222 2462 NORTH PROSPECT AVENUE MILWAUKEE WI 53211 JESSICA HORNING CHIEF FINANCIAL OFFICER 4142203222 2025-11-14 1 1 KRISTEN DONLEVY P01670215 4144761880 2025-11-14 2024 2025-03-06 01:10:19Z JESSICA HORNING 2462 NORTH PROSPECT AVENUE MILWAUKEE WI 53211 25598596 0 X HTTPS://TRINITYSENIORSERVICES.ORG/MILWAUKEE-CATHO X 1913 WI THROUGH CATHOLIC TRADITION AND COMMITMENT, MILWAUKEE CATHOLIC HOME INC PROVIDES CONTINUING CARE SERVICES FOR OLDER ADULTS. 10 10 0 109 0 0 3140889 807685 27556831 23607221 485448 889208 614467 294482 31797635 25598596 21457 87011 0 0 21053632 15056453 0 0 247422 10086317 10745315 31161406 25888779 636229 -290183 44183984 42549677 26129038 24482757 18054946 18066920 ROOTED IN OUR CATHOLIC TRADITION AND COMMITMENT TO CHRISTIAN LOVE AND COMMUNITY, MILWAUKEE CATHOLIC HOME, INC. (MCH) PROVIDES CONTINUING CARE SERVICES FOR OLDER ADULTS. 0 0 22424672 87011 23578140 PROVIDING A VARIETY OF SERVICES TO SENIOR RESIDENTS WITH 112 INDEPENDENT LIVING APARTMENTS, 22 ASSISTED LIVING UNITS, AND A 107 BED SKILLED NURSING FACILITY. 22424672 1 1 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 69 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 1 1 0 1 1 0 1 1 0 0 1 1 1 1 1 0 0 0 0 WI X JESSICA HORNING 4142203222 2462 N PROSPECT AVE MILWAUKEE WI 53211 BRIDGET COFFEY VICE PRESIDENT 2.00 2.00 X X 0 0 0 ROBERT DEVITA EX-AFICIO PAST PRESIDENT 2.00 2.00 X 0 0 0 JENNIFER DOERING PHD RN PRESIDENT 2.00 2.00 X X 0 0 0 LORA OLENCHEK DIRECTOR 2.00 2.00 X 0 0 0 PETER MULLANEY SECRETARY 2.00 2.00 X X 0 0 0 RICK SCHMIDT TREASURER 2.00 2.00 X X 0 0 0 SR MARY KAY BROOKS DIRECTOR 2.00 2.00 X 0 0 0 PAUL CONNOLLY DIRECTOR 2.00 2.00 X 0 0 0 JOANNE HILL DIRECTOR 2.00 2.00 X 0 0 0 LINDA PRICE-TOPP DIRECTOR 2.00 2.00 X 0 0 0 DAVID FULCHER CHIEF EXECUTIVE OFFICER 20.00 25.00 X 0 292333 32061 ELIZABETH JOHNSTON CHIEF PEOPLE OFFICER 20.00 20.00 X 0 141788 13913 KATHLEEN GRANT CHIEF CLINICAL OFFICER 20.00 25.00 X 0 165323 22567 JESSICA HORNING CHIEF FINANCIAL OFFICER 20.00 25.00 X 0 174856 2971 0 774300 71512 0 0 1 0 0 340423 467262 807685 NET RESIDENT SERVICE REVENUE 623000 23578140 23578140 GUEST ROOM 623000 29081 29081 23607221 610424 610424 128234 0 128234 128234 128234 259784 19000 0 0 259784 19000 278784 278784 VENDING MACHINE REVENUE 623000 5593 5593 BEAUTY SHOP REVENUE 623000 4277 4277 CATERING SALES 623000 3164 3164 153214 153214 166248 25598596 23578140 0 1212771 87011 87011 12551296 12334116 48072 169108 101096 98952 2144 1475712 1313373 152434 9905 928349 917628 4229 6492 1514662 1514662 6351 6351 63788 63788 25647 25647 1949821 1601626 348195 72918 72918 80042 45432 33932 678 1264277 1257690 6587 36583 15658 20925 96143 74554 3894 17695 373453 387 373066 2047443 2047443 217363 133767 83596 FOOD EXPENSE 1183151 1183151 REPAIRS AND MAINTENANCE 738004 722681 5199 10124 MISC EXPENSES 413829 389226 14252 10351 BAD DEBT EXPENSES 334929 334929 326911 326911 25888779 22424672 3216685 247422 759520 525228 2837116 3228542 2223523 2661633 104255 67401 80049 121967 69582012 48730341 21159626 20851671 12547589 11055252 1972360 1651842 314425 250653 2185521 2135488 44183984 42549677 2295000 2136811 1441905 1330017 10222164 8785019 11512701 11576365 657268 654545 26129038 24482757 X 15944101 16002070 2110845 2064850 18054946 18066920 44183984 42549677 X -290183 386596 -111117 26678 X 0 1 X 1 0 X 1338242 3346268 620033 3140889 807685 9253117 16234683 16189807 18821466 27522901 23607221 102376078 978458 1177985 486311 522677 166248 3331679 18551383 20714060 19927810 31186467 24581154 114960874 6325 9598 4251 20174 0 6325 9598 4251 20174 114940700 311507 406110 325563 490560 738658 2272398 311507 406110 325563 490560 738658 2272398 18862890 21120170 20253373 31677027 25319812 117233272 0.98040 0.98270 0.01940 0.01710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 1675046 0 156393 254323 1577116 1687981 103548 217511 333994 1675046 1534614 14000 225430 86063 1687981 1526646 16633 75880 84545 1534614 1410074 213942 14175 111545 1526646 0.09400 0.69200 0.21400 0 0 2261325 2261325 45469382 30769663 14699719 1704804 1342189 362615 19681683 16331780 3349903 464818 286709 178109 20851671 INVESTMENT IN JOINT VENTURE 1731944 FINANCING LEASE ASSETS 50769 VALUATION OF DERIVATIVES 295011 OPERATING LEASE 1749 DUE FROM RELATED PARTIES 56015 2135488 LINE OF CREDIT 600000 OPERATING LEASE LIABILITY 1749 FINANCING LEASE LIABILITY 52796 654545 25988151 388524 26678 415202 25572949 25647 25647 25598596 25863132 0 25863132 25647 25647 25888779 PART IV, LINE 2B: MCH'S RESIDENTIAL LIVING AGREEMENT (THE AGREEMENT) OFFERS RESIDENTS THREE FEE ARRANGEMENTS UPON RESIDENCY, INCLUDING MEMBERSHIP ENTRANCE FEE OR A SECURITY DEPOSIT AND A MONTHLY MAINTENANCE FEE, WHICH VARY DEPENDING ON THE SIZE OF THE UNIT OCCUPIED. MEMBERSHIP TYPE A REQUIRES THE LARGEST MEMBERSHIP ENTRANCE FEE WITH A LOWER MONTHLY MAINTENANCE FEE. TYPE B REQUIRES A MODERATE MEMBERSHIP ENTRANCE FEE AND A HIGHER MONTHLY MAINTENANCE FEE. TYPE C REQUIRES A SECURITY DEPOSIT AND A LARGER MONTHLY MAINTENANCE FEE. THE AGREEMENT MAY BE TERMINATED BY A RESIDENT VOLUNTARILY, BY A RESIDENT'S DEATH, OR BY MCH FOR JUST CAUSE. FOR AGREEMENTS EXECUTED PRIOR TO JULY 1, 2009, THE MEMBERSHIP ENTRANCE FEES OR SECURITY DEPOSITS WERE FULLY REFUNDABLE. FOR AGREEMENTS ENTERED INTO JULY 1, 2009 TO DECEMBER 31, 2013, THE MEMBERSHIP ENTRANCE FEES OR SECURITY DEPOSITS ARE 95% REFUNDABLE. FOR AGREEMENTS ENTERED INTO JANUARY 1, 2014 AND AFTER, THE MEMBERSHIP FEES OR SECURITY DEPOSITS ARE 90% REFUNDABLE. PART V, LINE 4: MCH HAS ESTABLISHED THE FOLLOWING ENDOWMENTS WHICH CONSIST OF VARIOUS DONORS - 1) CHAPLAINCY ENDOWMENT, 2) FINE ARTS ENDOWMENT, AND 3) BENEVOLENT CARE ENDOWMENT. THE ENDOWMENTS PROVIDE A STEADY, ONGOING SOURCE OF FUNDING FOR SEVERAL OF THE ORGANIZATION'S IMPORTANT PROGRAMS THAT IMPACT THE RESIDENT'S FINE ARTS EXPERIENCE, CHAPLAINCY SUPPORT AND BENEVOLENT CARE FUNDING. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN INVESTMENT IN JOINT VENTURE 1,234. CHANGE IN INTEREST RATE CAP 25,444. 0 CLARE GARDENS 2462 N PROSPECT AVE MILWAUKEE WI 53211 811140508 501C3 82830 0 SUPPORT ORGANIZATION'S MISSION OF FARM TO TABLE FOR SENIORS 1 0 0 0 0 0 0 0 0 0 DAVID FULCHER CHIEF EXECUTIVE OFFICER 0 230777 0 52500 0 9056 0 6071 0 25990 0 324394 0 0 KATHLEEN GRANT CHIEF CLINICAL OFFICER 0 142237 0 15000 0 8086 0 4147 0 18420 0 187890 0 0 JESSICA HORNING CHIEF FINANCIAL OFFICER 0 151681 0 23175 0 0 0 2971 0 0 0 177827 0 0 ELIZABETH JOHNSTON CHIEF PEOPLE OFFICER 0 141788 0 0 0 0 0 4828 0 9085 0 155701 0 0 PART I, LINE 3 THE COMPENSATION FOR THE CHIEF EXECUTIVE OFFICER AND OTHER KEY EMPLOYEES IS REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF A RELATED ORGANIZATION. THE PROCESS INCLUDES COMPARISONS TO OTHER SALARIES WITHIN THE INDUSTRY USING SALARY SURVEYS FROM LEADING AGE AND MRA. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. A WISCONSIN HEALTH AND EDUCATIONAL FACILITIES 391337855 2012-11-27 5300000 RENOVATION OF BUILDINGS 0 0 0 B WISCONSIN HEALTH AND EDUCATIONAL FACILITIES 391337855 2019-09-27 11760000 TO REFUND THE SERIES 2013 BONDS 0 0 0 A 2618000 5300000 106000 5194000 2014 0 0 0 1 B 5587125 11760000 115000 4985000 6660000 2019 0 1 0 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 A 0 0 0 1 1 0 0 0 1 B 0 0 1 0 0 0 0 0 1 A 0 B 0 FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE CORPORATION. THE IMMEDIATE PAST PRESIDENT SHALL ALSO SERVE ON THE EXECUTIVE COMMITTEE AS AN EX-OFFICIO MEMBER OF THE COMMITTEE FOR A PERIOD OF ONE YEAR. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE, WHEN THE BOARD OF DIRECTORS IS NOT IN SESSION, ALL THE POWERS OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION EXCEPT ELECTING OFFICERS OR FILLING VACANCIES IN THE BOARD OF DIRECTORS OR COMMITTEES OF DIRECTORS. THE EXECUTIVE COMMITTEE SHALL BE RESPONSIBLE FOR EVALUATING THE CHIEF EXECUTIVE OFFICER OF THE CORPORATION ON AN ANNUAL BASIS, AND APPROVING THE SALARY AND PERFORMANCE BONUS, IF ANY. THE EXECUTIVE COMMITTEE SHALL MEET AT SUCH TIME OR TIMES AS DETERMINED BY THE PRESIDENT OF THE CORPORATION, OR BY A VICE PRESIDENT OF THE CORPORATION IN THE PRESIDENT'S ABSENSE. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION DELEGATED MANAGEMENT DUTIES TO IT'S SOLE MEMBER, MCH SERVICES. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION UPDATED THEIR BYLAWS TO INCLUDE A CHANGE IN MEMEBERSHIP AND HOW THE BOARD IS APPOINTED. THE ORGANIZATION NOW HAS A SOLE MEMBER, MCH SERVICES. THE SOLE MEMBER IS ABLE TO APPOINT THE BOARD OF DIRECTORS WHICH IS NOW AT A 3 PERSON MINIMUM. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE CORPORATION SHALL BE MCH SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER, MCH SERVICES, IS ABLE TO APPOINT THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY MEMBERS OF FINANCE COMMITTEE BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ANY DIRECTOR, PRINCIPAL OFFICER OR MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS WHO HAS A DIRECT OR INDIRECT FINANCIAL INTEREST IS CONSIDERED AN INTERESTED PERSON. A PERSON HAS A FINANCIAL INTEREST IF THE PERSON HAS, DIRECTLY OR INDIRECTLY, THROUGH BUSINESS, INVESTMENT OR FAMILY: A) AN OWNERSHIP OR INVESTMENT INTEREST IN ANY ENTITY WITH WHICH MCH HAS A TRANSACTION OR ARRANGEMENT, OR, B) A COMPENSATION AGREEMENT WITH MCH OR WITH ANY ENTITY OR INDIVIDUAL WITH WHICH MCH HAS A TRANSACTION OR ARRANGEMENT, OR, C) A POTENTIAL OWNERSHIP OR INVESTMENT INTEREST IN, OR COMPENSATION ARRANGEMENT WITH, ANY ENTITY OR INDIVIDUAL WITH WHICH MCH IS NEGOTIATING A TRANSACTION OR ARRANGEMENT IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND THE CONFLICT OF INTEREST POLICY OF MCH CAN BE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FROM THE PROPER INTERESTED PARTY. INFORMATION FROM THE AUDITED FINANCIAL STATEMENTS IS REPRODUCED AND MADE AVAILABLE TO THE GENERAL PUBLIC THROUGH THE ANNUAL REPORT. FORM 990, PART XI, LINE 9: CHANGE IN INVESTMENT IN JOINT VENTURE 1,234. CHANGE IN INTEREST RATE CAP 25,444. SSND MMU MCH VENTURE INC 9525 W BURLEIGH ST MILWAUKEE WI 53222 844473861 INDEPENDENT AND ASSISTED LIVING WI 501(C)(3) LINE 7 0 MCH SERVICES 2462 N PROSPECT MILWAUKEE WI 53211 934085507 SUPPORTING ORGANIZATION TO NONPROFITS WI 501(C)(3) LINE 12B, II 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0