ILLINOIS INDEPENDENT LIVING CENTER INC

EIN: 362958063 501(c)(3)

NAPERVILLE, IL

Total Revenue
$656,536
Total Expenses
$698,852
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
IL
Principal Officer
PAUL KORETKE
Phone
6303570077
Tax Period
2024-07-01 to 2025-04-11

ILLINOIS INDEPENDENT LIVING CENTER INC, founded in 1978, is a small nonprofit that reported $657K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

ILLINOIS INDEPENDENT LIVING CENTER INVESTS IN THE RIGHTS OF PEOPLE WITH PHYSICAL DISABILITIES TO INDEPENDENCE, FREEDOM, AND QUALITY OF LIFE BY DESIGNING AND EFFECTIVELY MANAGING AFFORDABLE, BARRIER-FREE HOUSING, AND SUPPORT SERVICES FOR INDIVIDUALS AND FAMILIES. AS A NON-PROFIT CORPORATION, WE COLLABORATE WITH THE PRIVATE SECTOR AND THE PUBLIC TO EXPAND OPPORTUNITIES FOR PEOPLE WITH DISABILITIES IN CHICAGO'S WESTERN SUBURBS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $152,055
Program Service Revenue $470,226
Investment Income $6,326
Other Revenue $27,929
TOTAL REVENUE $656,536

Expense Breakdown

Grants Paid $0
Salaries & Benefits $291,803
Fundraising Expenses $0
Program Expenses $669,755
Other Expenses $407,049
TOTAL EXPENSES $698,852

Year-over-Year Comparison

2024 2023 Change
Revenue $656,536 $731,767 -0.1%
Expenses $698,852 $621,107 +0.1%
Net Income $-42,316 $110,660 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
N/A
Independent Members
N/A
Employees
17
Volunteers
82

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL KORETKE PRESIDENT 3.00
Officer Director
$0 $0 $0
SEAN WILSON VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
KEN MCCREEDY TREASURER 2.00
Officer Director
$0 $0 $0
NOREEN CESAL DIRECTOR 2.00
Director
$0 $0 $0
TIM DUMLER DIRECTOR 2.00
Director
$0 $0 $0
DEB REYNOLDS DIRECTOR 2.00
Director
$0 $0 $0
JOHN RISVOLD DIRECTOR 2.00
Director
$0 $0 $0
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 $656,536 $698,852 No data $-42,316
2024 $731,767 $621,107 $1,505,570 $110,660
2023 $848,057 $748,069 $1,406,673 $99,988
2022 $728,879 $615,471 $1,297,981 $113,408
2021 $896,667 $767,516 $1,206,439 $129,151
2020 $827,633 $834,251 $1,138,347 $-6,618
2019 $824,813 $832,443 $1,134,454 $-7,630
2018 $886,475 $866,840 $1,147,592 $19,635
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ILLINOIS INDEPENDENT LIVING CENTER INC with other nonprofits in Illinois and across the country.