THE OAKS AT BARTLETT

EIN: 010729134 501(c)(3) Housing & Shelter

BARTLETT, IL

Total Revenue
$18,609,005
Total Expenses
$24,045,101
Total Assets
$25,476,098
Net Assets
$-90,095,795
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
IL
Principal Officer
MIKE FLANAGAN
Phone
6303721983
Tax Period
2023-07-01 to 2024-06-30

THE OAKS AT BARTLETT, founded in 2002, is a mid-sized nonprofit in the Housing & Shelter sector that reported $18.6M in total revenue in fiscal year 2023. Expenses of $24.0M exceeded revenue, resulting in a 29% operating deficit.

Mission

THE OAKS AT BARTLETT IS AN ENDURING SENIOR LIVING COMMUNITY THAT SUPPORTS A FULLER AND FREER LIFE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,839
Program Service Revenue $18,551,329
Investment Income $50,837
Other Revenue $0
TOTAL REVENUE $18,609,005

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,092,442
Fundraising Expenses $0
Program Expenses $21,119,781
Other Expenses $13,952,659
TOTAL EXPENSES $24,045,101

Year-over-Year Comparison

2023 2022 Change
Revenue $18,609,005 $17,876,510 +0.0%
Expenses $24,045,101 $24,362,994 0.0%
Net Income $-5,436,096 $-6,486,484 -0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
329
Volunteers
52

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$638,288
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD NOLDEN (PARTIAL) MEMBER OF THE BO 3.00
Director
$0 $0 $0
JAMES NUGENT TREASURER OF THE BOARD 3.00
Officer Director
$0 $0 $0
JULIE BOGGESS PRESIDENT OF THE BOARD 3.00
Officer Director
$0 $0 $0
ED CLANCY (PARTIAL)MEMBER OF THE BOARD 3.00
Director
$0 $0 $0
JOAN PETERSON EXECUTIVE DIRECTOR 40.00
Officer
$188,462 $0 $188,462
DALJEET S BRAR DIRECTOR OF NURSING SERVICES 40.00
Officer
$161,240 $0 $161,240
ANGEL H AGUILAR HEALTH CENTER ADMINISTRATOR 40.00
Officer
$155,036 $0 $155,036
TAMMETTE HOLZER DIRECTOR OF SALES AND MARKETING 40.00
Officer
$133,550 $0 $133,550
BRENDA R CASTANOS REGISTERED NURSE 40.00
Highest
$121,247 $0 $121,247
JACQUES EDOUARD JEAN LOUIS LPN/LVN - AL 40.00
Highest
$114,655 $0 $114,655
MA LOURDES CASTOR DOMINGO REGISTERED NURSE 40.00
Highest
$111,719 $0 $111,719
NALUCHA SITALI LPN/LVN - AL 40.00
Highest
$108,688 $0 $108,688
IAN E SANTIAGO REGISTERED NURSE 40.00
Highest
$107,224 $0 $107,224
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $18,609,005 $24,045,101 $25,476,098 $-5,436,096
2023 $17,876,510 $24,362,994 $24,070,056 $-6,486,484
2022 $13,974,172 $19,630,527 $25,731,646 $-5,656,355
2021 $13,279,793 $21,635,919 $26,201,984 $-8,356,126
2020 $19,437,603 $24,495,437 $29,792,189 $-5,057,834
2019 $18,923,594 $21,723,196 $29,798,900 $-2,799,602
2018 $18,636,692 $21,750,720 $32,038,684 $-3,114,028
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