RESIDENTIAL ALTERNATIVES OF ILLINOIS INC (EIN 371223846) - Form 990 Financial Analysis & Trantor Score

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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

1987

Legal Domicile

Principal Officer

BEN MCMAHAN

Phone

3093431550

Tax Period

2024-04-01 to 2025-03-31

RESIDENTIAL ALTERNATIVES OF ILLINOIS INC, founded in 1987, is a mid-sized nonprofit in the Human Services sector that reported $99.9M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

RAI PROVIDES & OPERATES NURSING AND ASSISTED LIVING FACILITIES FOR THE ELDERLY.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $10,449

Program Service Revenue $99,741,305

Investment Income $197,664

Other Revenue $0

TOTAL REVENUE $99,949,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,464,624

Fundraising Expenses $0

Program Expenses $96,044,788

Other Expenses $44,030,303

TOTAL EXPENSES $100,494,927

Year-over-Year Comparison

	2024	2023	Change
Revenue	$99,949,418	$92,480,957	+0.1%
Expenses	$100,494,927	$96,354,695	+0.0%
Net Income	$-545,509	$-3,873,738	-0.9%

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

Governance

Voting Members

Independent Members

Employees

2390

Volunteers

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

$13,500

Total Directors

$27,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEN MCMAHAN	PRESIDENT/DIRECTOR	1.00	Officer Director	$4,500	$0	$4,500
JEFFREY SHAW	SECRETARY/DIRECTOR	1.00	Officer Director	$4,500	$0	$9,000
MARILYN HOLT	DIRECTOR	1.00	Director	$4,500	$0	$4,500
WILLIAM KEMPINERS	DIRECTOR	1.00	Director	$4,500	$0	$4,500
WAYNE STONE	DIRECTOR	1.00	Director	$4,500	$0	$4,500
BRIAN BURGER RFMS INC	CFO	40.00	Officer	$0	$0	$0
MARIA LASSWELL	NURSE	40.00	Highest	$169,305	$7,185	$176,490
JENNIFER DIAZ	ADMINISTRATOR	40.00	Highest	$130,054	$3,250	$133,304
DARCI DREHER	ADMINISTRATOR	40.00	Highest	$117,402	$11,812	$129,214
JASMINE LACY	NURSE	40.00	Highest	$114,615	$0	$114,615
CHRISTINA WALKER	ADMINISTRATOR	40.00	Highest	$112,993	$7,076	$120,069

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	$99,949,418	$100,494,927	$97,337,560	$-545,509
2024	$92,480,957	$96,354,695	$94,496,637	$-3,873,738
2023	$84,125,257	$91,092,743	$104,682,392	$-6,967,486
2022	$73,925,677	$78,275,282	$80,007,237	$-4,349,605
2021	$72,199,143	$73,292,950	$83,175,038	$-1,093,807
2020	$79,928,538	$75,559,955	$84,281,539	$4,368,583
2019	$76,292,042	$75,403,451	$59,941,849	$888,591

RESIDENTIAL ALTERNATIVES OF ILLINOIS INC