BAYONET POINT AREA HOUSING INC C/O EMBRACE LIVING COMMUNITIES

EIN: 363696590 501(c)(3)

OAK BROOK, IL

Total Revenue
$1,228,107
Total Expenses
$1,109,642
Total Assets
$1,717,330
Net Assets
$1,628,765
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
IL
Principal Officer
RALPH GAINES
Phone
6305218021
Tax Period
2024-01-01 to 2024-12-31

BAYONET POINT AREA HOUSING INC C/O EMBRACE LIVING COMMUNITIES, founded in 1989, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 10% surplus.

Mission

TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,130,008
Investment Income $276
Other Revenue $97,823
TOTAL REVENUE $1,228,107

Expense Breakdown

Grants Paid $0
Salaries & Benefits $443,065
Fundraising Expenses $0
Program Expenses $1,043,400
Other Expenses $666,577
TOTAL EXPENSES $1,109,642

Year-over-Year Comparison

2024 2023 Change
Revenue $1,228,107 $900,139 +0.4%
Expenses $1,109,642 $1,139,081 0.0%
Net Income $118,465 $-238,942 -1.5%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
3
Employees
N/A
Volunteers
15

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
2
$659,214
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE MCNAMARA CHAIRMAN 0.20
Director
$0 $0 $0
LYNETTE GRABOWSKI DIRECTOR 0.20
Director
$0 $0 $0
CONCETTA DIEL OUTGOING DIRECTOR 0.20
Director
$0 $0 $0
SUSAN CROSBY OUTGOING DIRECTOR 0.20
Director
$0 $0 $0
ELIZABETH TURNER DIRECTOR 0.20
Director
$0 $0 $0
RALPH GAINES PRESIDENT & CEO 0.20
Officer
$0 $50,615 $422,211
ANNE M OLIVA EXECUTIVE VP & CFO 0.00
Officer
$0 $22,837 $237,003
ALINA SERBAN CHIEF OF STAFF 0.00
Highest
$0 $38,357 $139,821
DAWN ZENKNER CONTROLLER 0.00
Highest
$0 $38,818 $151,239
ED HAVLOVIC DIRECTOR OF PLANT OPERATIO 0.00
Highest
$0 $27,750 $134,566
GARY ADAMS DIRECTOR OF OPERATION 0.00
Highest
$0 $29,254 $145,325
JENNIFER TRUPPA DIRECTOR OF SOCIAL SERVICE 0.00
Highest
$0 $40,480 $160,134
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 $1,228,107 $1,109,642 $1,717,330 $118,465
2023 $900,139 $1,139,081 $1,564,083 $-238,942
2022 $864,182 $980,082 $1,825,099 $-115,900
2021 $858,263 $923,398 $1,921,619 $-65,135
2020 $888,305 $909,986 $1,999,608 $-21,681
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