ASSISI HOMES - DOWNER PLACE INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS

EIN: 364083919 501(c)(3) Housing & Shelter

DES PLAINES, IL

Total Revenue
$1,046,857
Total Expenses
$1,180,686
Total Assets
$4,179,539
Net Assets
$324,759
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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
1996
Legal Domicile
IL
Principal Officer
MARK A STUTRUD
Phone
8476354600
Tax Period
2024-07-01 to 2025-06-30

ASSISI HOMES - DOWNER PLACE INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2024. Expenses of $1.2M exceeded revenue, resulting in a 13% operating deficit.

Mission

PROVIDING ELDERLY INDIVIDUALS WITH HOUSING FACILITIES AND SERVICES.

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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 $1,040,174
Investment Income $1,715
Other Revenue $4,968
TOTAL REVENUE $1,046,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $216,990
Fundraising Expenses $0
Program Expenses $1,082,545
Other Expenses $963,696
TOTAL EXPENSES $1,180,686

Year-over-Year Comparison

2024 2023 Change
Revenue $1,046,857 $1,000,408 +0.0%
Expenses $1,180,686 $1,147,622 +0.0%
Net Income $-133,829 $-147,214 -0.1%
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
14
Independent Members
14
Employees
N/A
Volunteers
14

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
7
$657,771
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV KATHIE BENDER SCHWICH CHAIR 0.10
Officer Director
$0 $0 $0
ESTHER M MACCHIONE VICE CHAIR 0.10
Officer Director
$0 $0 $0
REV YOUNGSHIM E PITCHER CHAIR EMERITUS 0.10
Officer Director
$0 $0 $0
MR JAMES E HARNEY SECRETARY 0.10
Officer Director
$0 $0 $0
SUSAN BOIN TREASURER 0.10
Director
$0 $0 $0
RON KOK-ALBLAS DIRECTOR 0.10
Director
$0 $0 $0
BETH NELSON CHASE DIRECOTR 0.10
Director
$0 $0 $0
REV RHONDA L PRUITT DIRECTOR 0.10
Director
$0 $0 $0
JUDY K DALHAUS DIRECTOR 0.10
Director
$0 $0 $0
MARK SCHWIEBERT DIRECTOR 0.10
Director
$0 $0 $0
DONALD B ERICKSON DIRECOTR 0.10
Director
$0 $0 $0
REV YEHIEL CURRY BISHOP/EX OFFICIO 0.10
Director
$0 $0 $0
REV GREG BUSBOOM BISHOP/EX OFFICIO 0.10
Director
$0 $0 $0
REV STACIE FIDLAR BISHOP/EX OFFICIO 0.10
Director
$0 $0 $0
MARK A STUTRUD CEO 0.20
Officer
$0 $54,780 $428,199
LISA SROGA VP FINANCE/CFO 0.20
Officer
$0 $2,443 $229,572
DAVID K WILDS DIR OF TREASURY SERVICES 0.20
Officer
$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 $1,046,857 $1,180,686 $4,179,539 $-133,829
2024 $1,000,408 $1,147,622 $4,275,089 $-147,214
2023 $1,003,632 $1,308,873 $4,479,829 $-305,241
2022 $956,084 $1,051,986 $4,682,882 $-95,902
2021 $871,839 $1,004,716 $4,794,589 $-132,877
2020 $859,462 $984,499 $4,891,962 $-125,037
2019 $982,961 $902,623 $5,387,423 $80,338
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