EMBRACE LIVING DEVELOPMENT

EIN: 363729609 501(c)(3) Philanthropy & Grantmaking

OAK BROOK, IL

Total Revenue
$14,306,725
Total Expenses
$301,901
Total Assets
$34,117,260
Net Assets
$32,886,771
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IL
Principal Officer
ANNE OLIVA
Phone
6305218701
Tax Period
2023-01-01 to 2023-12-31

EMBRACE LIVING DEVELOPMENT, founded in 1990, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $14.3M in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $14.0M, a strong 98% operating margin.

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,982,374
Investment Income $4,306,723
Other Revenue $3,017,628
TOTAL REVENUE $14,306,725

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $301,901
TOTAL EXPENSES $301,901

Year-over-Year Comparison

2023 2022 Change
Revenue $14,306,725 $70,609,181 -0.8%
Expenses $301,901 $335,799 -0.1%
Net Income $14,004,824 $70,273,382 -0.8%
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
7
Independent Members
6
Employees
N/A
Volunteers
N/A

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
$767,816
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RALPH GAINES INTERIM CHAIR PRESIDENT & CEO 0.2
Officer
$0 $48,906 $406,531
ANNE M OLIVA VICE PRESIDENT & CFO 0.0
Officer
$0 $20,088 $229,578
JOHN DIEHL SENIOR ADVISOR 0.0
Highest
$0 $29,262 $163,749
JENNIFER TRUPPA DIRECTOR OF SOCIAL SERVICES 0.0
Highest
$0 $40,412 $155,203
DAWN ZENKNER CONTROLLER 0.2
Highest
$0 $40,055 $148,058
ED HAVLOVIC DIRECTOR OF PLANT OPERATIONS 0.0
Highest
$0 $27,919 $137,817
GARY ADAMS DIRECTOR OF OPERATIONS 0.2
Officer
$0 $27,575 $131,707
IRV WOODS DIRECTOR 0.2
Director
$0 $0 $0
KAREN LATIMER-HORSTHEAKE DIRECTOR 0.2
Director
$0 $0 $0
SCOTT MEYER CHAIRMAN 0.2
Director
$0 $0 $0
RUTH CARLSON DIRECTOR 0.2
Director
$0 $0 $0
TONYA PITTS DIRECTOR 0.2
Director
$0 $0 $0
ROBERT GAMRATH DIRECTOR 0.2
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
2024 No data No data No data No data
2023 $14,306,725 $301,901 $34,117,260 $14,004,824
2022 $70,609,181 $335,799 $117,089,105 $70,273,382
2021 $32,801,425 $20,299 $36,890,537 $32,781,126
2020 $106,486 $29,134 $1,538,690 $77,352
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