LIFE SERVICES NETWORK OF ILLINOIS D/B/A LEADINGAGE ILLINOIS

EIN: 363512871

LISLE, IL

Total Revenue
$2,518,353
Total Expenses
$2,373,140
Total Assets
$5,141,716
Net Assets
$4,231,310
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
IL
Principal Officer
ANGELA SCHNEPF
Phone
6303256170
Tax Period
2023-01-01 to 2023-12-31

LIFE SERVICES NETWORK OF ILLINOIS D/B/A LEADINGAGE ILLINOIS, founded in 1986, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2023. Expenses of $2.4M left a modest 6% surplus.

Mission

ADVANCING EXCELLENCE AND INNOVATION IN ADULT LIFE SERVICES

Program Service Accomplishments

Program 1

GOVERNMENT RELATIONS: LEADINGAGE ILLINOIS PROVIDES ADVOCACY AND REGULATORY TECHNICAL SUPPORT TO MEMBERS, INCLUDING STATE AND FEDERAL ADVOCACY REPRESENTATION. ACTIVITIES INCLUDE EDUCATION AND UPDATES...

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GOVERNMENT RELATIONS: LEADINGAGE ILLINOIS PROVIDES ADVOCACY AND REGULATORY TECHNICAL SUPPORT TO MEMBERS, INCLUDING STATE AND FEDERAL ADVOCACY REPRESENTATION. ACTIVITIES INCLUDE EDUCATION AND UPDATES TO MEMBERS ON THE IMPACT OF RECENT AND ANTICIPATED LEGISLATION, REGULATORY CHANGES AFFECTING SERVICE PROVIDERS AND RESIDENTS. LEADINGAGE ILLINOIS ALSO EDUCATES AND ALERTS LEGISLATORS ON ISSUES AND INTERESTS OF THE SENIOR CARE INDUSTRY, INCLUDING COORDINATING LEGISLATOR VISITS AND PROVIDING QUANTITATIVE SUPPORT OF LEGISLATIVE CHALLENGES. IN 2023, LEADINGAGE ILLINOIS PASSED LEGISLATION TO CREATE A CONTINUING CARE AT HOME PROGRAM, REMOVED LANGUAGE FROM THE ASSISTED LIVING AND SHARED HOUSING ACT PROHIBITING A PERSON FROM BEING ACCEPTED FOR RESIDENCY TO AN ASSISTED LIVING ESTABLISHMENT IF THE PERSON REQUIRES SLIDING SCALE INSULIN, SECURED A RATE INCREASE FOR ADULT DAY SERVICES, PASSED LEGISLATION TO REQUIRE THE GOVERNOR TO ESTABLISH AN ASSISTED LIVING AND SHARED HOUSING ADVISORY BOARD TO INCLUDE REPRESENTATIVES, ADVOCATES, AND OTHER STAKEHOLDERS TO DISCUSS ASSISTED LIVING ISSUES AND RULES, DEFEATED PROPOSED REVISIONS TO THE ASSISTED LIVING AND SHARED HOUSING ESTABLISHMENT CODE THAT WOULD HAVE TRIPLED LICENSURE FEES AND ENDED PROVIDERS' OPPORTUNITY FOR STATEMENTS OF DISPUTE, DEFEATED LEGISLATION THAT WOULD CHANGE ENTRANCE FEE CONTRACTS THAT WOULD PUT AN ARBITRARY TIMELINE ON ENTRANCE FEE REFUNDS FOR LIFE PLAN COMMUNITIES, AND DEVELOPED THE NEW LEGISLATIVE VISIT TOOLKIT WHICH PROVIDES MEMBERS WITH THE TOOLS AND RESOURCES NEEDED TO SET UP AND CONDUCT A SUCCESSFUL SITE VISIT WITH YOUR ELECTED REPRESENTATIVES.

Program 2

EDUCATIONAL: LEADINGAGE ILLINOIS IS COMMITTED TO PROVIDING ITS MEMBERS WITH THE BEST LEARNING OPPORTUNITIES FOR THE MOST EFFECTIVE COSTS. WITH ITS COUNTLESS EDUCATIONAL SESSIONS, CONFERENCES...

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EDUCATIONAL: LEADINGAGE ILLINOIS IS COMMITTED TO PROVIDING ITS MEMBERS WITH THE BEST LEARNING OPPORTUNITIES FOR THE MOST EFFECTIVE COSTS. WITH ITS COUNTLESS EDUCATIONAL SESSIONS, CONFERENCES, SEMINARS, AND WORKSHOPS, LEADINGAGE IL WORKS TO ADVANCE ITS MEMBERS' UNDERSTANDING OF THE MOST IMPORTANT ISSUES IN THE ADULT CARE INDUSTRY. IN 2023, LEADINGAGE ILLINOIS CONNECTED OVER 1,000 ATTENDEES AT THE ANNUAL MEETING AND EXPO FOCUSING ON STRATEGIES FOR THRIVING IN THE RAPIDLY CHANGING SENIOR LIVING AND SERVICES ENVIRONMENT, DELIVERED 25 PROGRAMS IN PERSON AND/OR ONLINE, 11 OF WHICH WERE OFFERED AT NO CHARGE TO MEMBERS, OFFERED A TOTAL OF 90 CONTINUING EDUCATION HOURS TO DATE, HOSTED A RECORD-BREAKING ASSISTED LIVING BOOTCAMP IN TWO LOCATIONS WITH OVER 160 ATTENDEES, AND HOSTED A LEGAL WEBINAR SERIES WITH SIX DIFFERENT TOPICS AND PRESENTERS REPRESENTING THREE DIFFERENT LAW FIRMS.

Program 3

MEMBERSHIP SERVICES: LEADINGAGE ILLINOIS IS A STATEWIDE ASSOCIATION DEDICATED TO REPRESENTING THE LEADING PROVIDERS OF THE COMPLETE CONTINUUM OF SERVICES FOR OLDER ADULTS, INCLUDING NURSING CARE...

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MEMBERSHIP SERVICES: LEADINGAGE ILLINOIS IS A STATEWIDE ASSOCIATION DEDICATED TO REPRESENTING THE LEADING PROVIDERS OF THE COMPLETE CONTINUUM OF SERVICES FOR OLDER ADULTS, INCLUDING NURSING CARE, ASSISTED AND SUPPORTIVE LIVING, SENIOR HOUSING AND HOME AND COMMUNITY BASED SERVICES. LEADINGAGE ILLINOIS IS HIGHLY COMMITTED TO THE ADVANCEMENT OF QUALITY AND INNOVATION IN OLDER ADULT SERVICES.IN 2023, LEADINGAGE ILLINOIS LAUNCHED A NEW MEMBER DATABASE, MEMBER CLICKS, ALLOWING MEMBERS TO ACCESS AND UPDATE THEIR MEMBER RECORDS, DEVELOPED THE WORKFORCE SOLUTIONS TOOLKIT LOADED WITH RESOURCES AND TOOLS TO HELP MEMBERS WITH HIRING, ONBOARDING, RETENTION NEEDS AND MORE, CREATED AN ONLINE ARCHIVE OF EMERGING LEADERS PROFESSIONAL DEVELOPMENT SESSIONS AIMED AT PROVIDING SELF-GUIDED SKILLS DEVELOPMENT OPPORTUNITIES, PRODUCED ELECTRONIC RENEWAL COMMUNICATIONS TO MAKE MEMBER RENEWAL HALLS FREE, AND OFFERED 800+ JOB LISTINGS ON THE LEADINGAGE ILLINOIS JOB BOARD. THROUGH THE PARTNERSHIP WITH VALUE FIRST, MEMBERS SAVED ROUGHLY $355,000 ON NEW FOOD ACCOUNTS, APPROXIMATELY $40,000 ON MEDICAL, AND $45,000 WITH OTHER VENDOR PARTNERS, PARTNERS WITH VALUE FIRST VENDORS TO SHARE INSIGHTS ON HELPING MEMBERS WITH SAVINGS SOLUTIONS THROUGH PRESENTATIONS AT THE ANNUAL MEETING AND EXPO, WORKSHOPS, WEBINARS, AND INDIVIDUAL SITE VISITS, AND DELIVERED TO VALUE FIRST ILLINOIS MEMBERS' SITES PROVIDING AN AVERAGE OF 12% SAVINGS ACROSS ALL CATEGORIES.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $144,204
Program Service Revenue $2,059,640
Investment Income $89,545
Other Revenue $224,964
TOTAL REVENUE $2,518,353

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,217,500
Fundraising Expenses $0
Other Expenses $1,155,640
TOTAL EXPENSES $2,373,140

Year-over-Year Comparison

2023 2022 Change
Revenue $2,518,353 $2,466,669 +0.0%
Expenses $2,373,140 $2,227,414 +0.1%
Net Income $145,213 $239,255 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
8
Volunteers
140

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
8
$389,440
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NADIM ABI-ANTOUN CHAIR-ELECT 1.00
Officer Director
$0 $0 $0
MICHAEL MUTTERER IMMED PAST CHAIR 1.00
Officer Director
$0 $0 $0
COLLEEN BOTTENS MEMBER 1.00
Director
$0 $0 $0
JOHN LARSON TREASURER 1.00
Officer Director
$0 $0 $0
NADIA GEIGLER SECRETARY 1.00
Officer Director
$0 $0 $0
CARLA BROWN MEMBER 1.00
Director
$0 $0 $0
KAREN LARSON MEMBER 1.00
Director
$0 $0 $0
ELIZABETH MCLAREN CHAIR 1.00
Officer Director
$0 $0 $0
DAWN MONDSCHEIN MEMBER 1.00
Director
$0 $0 $0
MATT RIEHLE MEMBER/TREASURER 1.00
Officer Director
$0 $0 $0
JASON LUNDY MEMBER 1.00
Director
$0 $0 $0
BRIAN REINHOLD MEMBER 1.00
Director
$0 $0 $0
SHERRY BARTER HAMLIN MEMBER 1.00
Director
$0 $0 $0
JEREMY BRUNE MEMBER 1.00
Director
$0 $0 $0
JACQUELINE SANDER MEMBER 1.00
Director
$0 $0 $0
DAVID GUTHRIDGE MEMBER 1.00
Director
$0 $0 $0
NANCY HOOKS MEMBER 1.00
Director
$0 $0 $0
SCOTT STUDEBAKER MEMBER 1.00
Director
$0 $0 $0
ANGELA SCHNEPF PRESIDENT/CEO 37.50
Officer
$257,594 $23,881 $281,475
DANIEL CHURCHILL DIRECTOR OF FINANCE AND ADMINISTRATION 37.50
Officer
$94,043 $13,922 $107,965
ERIN WOLKOTTE DIRECTOR OF MEETINGS AND EDUCATION 37.50
Highest
$116,088 $9,246 $125,334
SLOANE GRUBB DIRECTOR OF MEMBERSHIP 37.50
Highest
$110,409 $33,839 $144,248
JASON SPEAKS DIRECTOR OF GOVERNMENT REL 37.50
Highest
$118,330 $3,071 $121,401
THERESE ROMIN GPO ADVISOR 37.50
Highest
$112,649 $16,745 $129,394
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
2024 No data No data No data No data
2023 $2,518,353 $2,373,140 $5,141,716 $145,213
2022 $2,466,669 $2,227,414 $5,752,590 $239,255
2021 $2,312,886 $1,978,482 $5,770,519 $334,404
2020 $2,556,996 $2,325,885 $5,421,134 $231,111
2019 $3,240,101 $2,976,910 $4,656,848 $263,191
2018 $3,517,027 $2,831,002 $3,740,068 $686,025
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