NORWOOD LIFE CARE FOUNDATION- B Charity Report

Public IRS 990 nonprofit record

NORWOOD LIFE CARE FOUNDATION- B

EIN 36-3558526 · Single Organization Support (E11)

What they do

THE PURPOSE of THE NORWOOD LIFE CARE FOUNDATION is to MANAGE FUNDRAISING and INVESTMENT for THE FOLLOWING RELATED NOT for PROFIT ORGANIZATIONS: NORWOOD CROSSING ASSOCIATION, NORWOOD SENIORS NETWORK ASSOCIATION, NORWOOD LIFE SOCIETY, NORWEGIAN LUTHERAN BETHESDA HOME ASSOCIATION, and THE NORWOOD PARK SATELLITE SENIORS CENTER. THESE ORGANIZATIONS PROVIDE SERVICES to AREA SENIORS IN A LONG TERM CARE FACILITY WITH A TOTAL of 131 LICENSED BEDS and 55 ASSISTED LIVING UNITS. IN 2024, 38% of THE RESIDENTS AT THIS FACILITY RECEIVED FREE or SUBSIDIZED CARE.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $0.00 was reported for mission work and $92.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders12 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

35.99%of revenue went to fundraising92.0% of expenses

$39.11spent for every $100 of revenueRevenue covered expenses this year.

3.12%of revenue went to management and office costs8.0% of expenses

$43.77in assets for every $1 spent this yearSome assets cannot be spent right away.

16.5%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $24,764 for RICHARD STEFFENS (CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$968,000

Mission workProgram services0.00% of revenue0.0% of expenses

ManagementOffice and general costs$30,1683.12% of revenue8.0% of expenses

FundraisingAsking for donations$348,42135.99% of revenue92.0% of expenses

Revenue left after expensesReported annual surplus$589,41160.89% of revenueShown in gray on the chart

Total expenses$378,58939.11% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Pause before giving. This filing reports that 92.0% of spending went to fundraising and 0.0% went to mission work. Ask the charity to explain these numbers and show recent results.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 0.0% mission · 8.0% management · 92.0% fundraisingTotal expenses: 39.11% of revenue

2023Expense mix: 0.0% mission · 3.4% management · 96.6% fundraisingTotal expenses: 46.75% of revenue

2022Expense mix: 0.0% mission · 3.2% management · 96.8% fundraisingTotal expenses: 49.78% of revenue

2021Expense mix: 0.0% mission · 9.2% management · 90.8% fundraisingTotal expenses: 29.47% of revenue

2020Expense mix: 0.0% mission · 8.5% management · 91.5% fundraisingTotal expenses: 38.74% of revenue

2019Expense mix: 0.0% mission · 8.6% management · 91.4% fundraisingTotal expenses: 39.67% of revenue

2018Expense mix: 0.0% mission · 0.0% management · 100.0% fundraisingTotal expenses: 15.33% of revenue

2016Expense mix: 98.0% mission · 2.0% management · 0.0% fundraisingTotal expenses: 535.82% of revenue

Money in and money out

Revenue$968,000

Expenses$378,589

Annual surplus $589,411 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$30,168 · 8.0% of expenses

Fundraising$348,421 · 92.0% of expenses

See all reported dollar amounts

Revenue$968,000

Expenses$378,589

Assets$16,572,547

Income$1,880,081

Contributions$160,133

Fundraising$348,421

Management and general$30,168

Stocks and bonds$4,380,606

Accounting fees$4,265

Investing fees$25,903

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RICHARD STEFFENSCFO · 9 hrs/week $24,764Base · Other $24,764

SILVIA MORICICEO · 9 hrs/week $21,809Base · Other $21,809

MARY JO BADECORP CLINICAL SERV DIR · 1 hrs/week $11,351Base · Other $11,351

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (12)

RICHARD STEFFENSCFO

SILVIA MORICICEO

MARY JO BADECORP CLINICAL SERV DIR

DAVID HOYEMDIRECTOR

DORIS PAPESECRETARY/ TREASURER

GEORGE SILCAVICE CHAIRPERSON

INGRID FORSBERGDIRECTOR

KIM KIDDDIRECTOR

LARS OHRSTROMDIRECTOR

LINDA HORWITZDIRECTOR

MARTHA PETERSONIMMEDIATE PAST CHAIR

TIMOTHY KELLYCHAIRPERSON

About this charity

Recognized since: January 1988
Location: 6016 N NINA AVE, CHICAGO, IL 60631-2410
County: Cook
In care of: % GAIL PRETE
Primary officer: RICHARD STEFFENS, CHIEF FINANCIAL OFFICER

How to reach them

WebsiteVisit the charity’s website Phone(773) 631-4856

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Single Organization Support (E11)
IRS tax category: Single Organization Support