CLARK-LINDSEY VILLAGE INC

EIN: 371017284 501(c)(3) Human Services

URBANA, IL

Total Revenue
$20,976,781
Total Expenses
$17,202,494
Total Assets
$14,195,155
Net Assets
$-14,995,222
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Organization Details

Formation Year
1970
Legal Domicile
IL
Principal Officer
DEBRA S REARDANZ
Phone
2173442144
Tax Period
2023-01-01 to 2023-12-31

CLARK-LINDSEY VILLAGE INC, founded in 1970, is a mid-sized nonprofit in the Human Services sector that reported $21.0M in total revenue in fiscal year 2023. The organization ran a surplus of $3.8M, a strong 18% operating margin.

Mission

TO PROVIDE HOUSING AND HEALTHCARE FACILITIES/SERVICES FOR ELDERLY PERSONS ON A NON-PROFIT BASIS, WITHOUT REGARD TO RACE, RELIGION, SEX, CREED OR NATIONAL ORIGIN.

Program Service Accomplishments

Program 1
Expenses: $12,520,225 Revenue: $19,360,159

ALL OF CLARK-LINDSEYS BUILDINGS ARE LOCATED ON A SINGLE SITE COMPRISED OF 27 ACRES ADJACENT TO MEADOWBROOK PARK AND THE UNIVERSITY OF ILLINOIS. INDEPENDENT LIVING OPTIONS FOR PEOPLE AGE 62 AND OVER...

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ALL OF CLARK-LINDSEYS BUILDINGS ARE LOCATED ON A SINGLE SITE COMPRISED OF 27 ACRES ADJACENT TO MEADOWBROOK PARK AND THE UNIVERSITY OF ILLINOIS. INDEPENDENT LIVING OPTIONS FOR PEOPLE AGE 62 AND OVER INCLUDE 131 APARTMENTS AND 24 VILLA UNITS. RESIDENTS CAN PURCHASE A LIFE PLAN RESIDENCY CONTRACT, WHICH GUARANTEES THEM RESIDENCY IN THE APARTMENTS OR VILLAS AND ACCESS TO THE HEALTH CENTER FOR LIFE. PROFESSIONAL NURSING STAFF IS ON DUTY 24 HOURS A DAY. SKILLED CARE CONSISTS OF 105 LICENSED BEDS. 24 BEDS ARE IN A GREEN HOUSE HOME. 93 BEDS ARE IN MEADOWBROOK HEALTH CENTER. 38 BEDS ARE MEDICARE CERTIFIED. PROFESSIONAL NURSING STAFF IS ON DUTY 24 HOURS A DAY. IN ADDITION TO RESIDENCY AND IN-PATIENT SERVICES, CLARK-LINDSEY PROVIDES OUTPATIENT THERAPY INCLUDING PHYSICAL, OCCUPATIONAL AND SPEECH.

Program 2
Expenses: $19,476 Revenue: $0

THE MISSION OF CLARK-LINDSEY IS TO OFFER SENIOR ADULTS EXCEPTIONAL SERVICES AND LIVING ENVIRONMENTS DESIGNED TO ENGAGE THE MIND, SPIRIT, AND BODY IN WELLNESS AND COMMUNITY. THE MISSION IS FURTHERED...

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THE MISSION OF CLARK-LINDSEY IS TO OFFER SENIOR ADULTS EXCEPTIONAL SERVICES AND LIVING ENVIRONMENTS DESIGNED TO ENGAGE THE MIND, SPIRIT, AND BODY IN WELLNESS AND COMMUNITY. THE MISSION IS FURTHERED AND SUSTAINED THROUGH YEARS OF CHARITABLE GIVING. GENEROUS DONORS HAVE PROVIDED FOR A FRIENDSHIP FUND TO ASSIST COMMUNITY MEMBERS WHO NO LONGER HAVE THE FINANCIAL RESOURCES TO PROVIDE FOR THEIR HOME AND HEALTH CARE COSTS. CLARK-LINDSEY PROVIDES CARE TO RESIDENTS WHO MEET CERTAIN CRITERIA UNDER ITS FRIENDSHIP FUND POLICY WITHOUT CHARGE OR AT REDUCED RATES. KEY ELEMENTS USED TO DETERMINE ELIGIBILITY INCLUDE A RESIDENTS DEMONSTRATED INABILITY TO PAY. CLARK-LINDSEY MAINTAINS RECORDS TO IDENTIFY AND MONITOR THE LEVEL OF CHARITY CARE IT PROVIDES. THESE RECORDS INCLUDE THE AMOUNT OF CHARGES FORGONE FOR SERVICES AND SUPPLIES FURNISHED UNDER ITS FRIENDSHIP FUND POLICY, THE ESTIMATED COST OF THOSE SERVICES AND SUPPLIES, AND EQUIVALENT SERVICE STATISTICS.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,170,507
Program Service Revenue $19,357,759
Investment Income $281,629
Other Revenue $166,886
TOTAL REVENUE $20,976,781

Expense Breakdown

Grants Paid $10,480
Salaries & Benefits $10,691,794
Fundraising Expenses $0
Program Expenses $12,539,701
Other Expenses $6,500,220
TOTAL EXPENSES $17,202,494

Year-over-Year Comparison

2023 2022 Change
Revenue $20,976,781 $20,464,648 +0.0%
Expenses $17,202,494 $21,547,022 -0.2%
Net Income $3,774,287 $-1,082,374 -4.5%
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
12
Independent Members
11
Employees
226
Volunteers
33

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
6
$507,555
Total Directors
12
$0
Key Employees
1
$188,902
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WADE HAMPTON CHAIR 2.00
Officer Director
$0 $0 $0
DAVE LINE TREASURER & ASSISTANT SECRETARY 2.00
Officer Director
$0 $0 $0
WENDY BARTLO BOARD MEMBER 2.00
Director
$0 $0 $0
DENNIS BEARD VICE CHAIR 2.00
Officer Director
$0 $0 $0
AMIN KASSEM BOARD MEMBER 2.00
Director
$0 $0 $0
CINDY GUTHRIE BOARD MEMBER 2.00
Director
$0 $0 $0
JILL GUTH SECRETARY & ASSISTANT TREASURER 2.00
Officer Director
$0 $0 $0
JANE HAYS BOARD MEMBER 2.00
Director
$0 $0 $0
SAM BANKS BOARD MEMBER 2.00
Director
$0 $0 $0
ROBIN KALER BOARD MEMBER 2.00
Director
$0 $0 $0
KANDANCE TURNER BOARD MEMBER 2.00
Director
$0 $0 $0
BECCA GUYETTE BOARD MEMBER 2.00
Director
$0 $0 $0
DEBRA S REARDANZ PRESIDENT / CEO 40.00
Officer
$0 $16,849 $326,542
CRYSTAL BAILEY CFO & VP OF FINANCE 40.00
Officer
$0 $27,121 $181,013
KENNETH IVORY COO/VP OF OPERATIONS 40.00
Key Emp
$0 $11,309 $188,902
RIKKI BRADY VP OF HEALTH SERVICES 40.00
Highest
$140,901 $11,119 $152,020
RON WILCOX VP OF MISSION ADVANCEMENT 40.00
Highest
$119,885 $12,211 $132,096
ANNA MOYER VP OF PEOPLE AND CULTURE 40.00
Highest
$111,655 $553 $112,208
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 $20,976,781 $17,202,494 $14,195,155 $3,774,287
2022 $20,464,648 $21,547,022 $10,211,362 $-1,082,374
2021 $21,710,897 $20,879,430 $62,775,078 $831,467
2020 $21,972,386 $21,152,493 $57,012,423 $819,893
2019 $21,004,334 $20,612,484 $55,103,274 $391,850
2018 $20,655,061 $19,943,171 $52,662,566 $711,890
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