2024-08-27T10:14:30-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2023-01-01 362170882 NORWOOD CROSSING ASSOCIATION NORW 7736314856 6016 N NINA AVE CHICAGO IL 60631 RICHARD STEFFENS CHIEF FINANCIAL OFFICER 7736314856 2024-08-22 1 0 CHAD D KUNZE CPA P00639380 6305738600 2024-08-22 2023 2024-08-08 14:25:15Z SILVIA MORICI 6016 N NINA AVE CHICAGO IL 60631 21010138 0 X WWW.NORWOODCROSSING.ORG X 1896 IL NORWOOD CROSSING ENHANCES THE INDEPENDENCE OF SENIORS; WE PROVIDE A CONTINUUM OF SERVICES AND PROGRAMS THAT ARE RESPONSIVE TO PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS OF OUR RESIDENTS. THE ORGANIZATION ALSO OPERATES A LOCAL SENIOR CENTER WITH THE CITY OF CHICAGO. 6 6 299 42 0 0 1897755 268900 20797095 20602398 34957 107429 70540 31411 22800347 21010138 0 0 0 0 11508978 11594641 0 0 0 10520151 12148676 22029129 23743317 771218 -2733179 33865333 28961066 33234062 31087414 631271 -2126348 X NORWOOD CROSSING ENHANCES THE INDEPENDENCE AND WELL BEING OF OLDER ADULTS; WE PROVIDE OLDER ADULTS WITH A CONTINUUM OF SERVICES AND PROGRAMS THAT ARE RESPONSIVE TO THE PHYSICAL, EMOTIONAL, AND SPIRITUAL NEEDS OF THE INDIVIDUAL. WE MAINTAIN A COMFORTABLE, SECURE ENVIRONMENT THAT PROMOTES DIGNITY AND SELF WORTH. 0 0 18652261 20633809 A TOTAL OF 57,997 DAYS OF CARE WERE PROVIDED TO 362 DIFFERENT RESIDENTS IN 2023. THIS INCLUDES 21,023 DAYS COVERED BY MEDICAID. THE DAILY REIMBURSEMENT RECEIVED FOR A MEDICAID RESIDENT IS $179 LESS THAN THE DAILY COST OF PROVIDING CARE. THIS CARE INCLUDED LONG TERM STAYS IN SKILLED NURSING, ASSISTED LIVING AT VARING LEVELS, AND SHORT TERM POST HOSPITAL REHAB CARE. SERVICES PROVIDED INCLUDE: PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING (BATHING, DRESSING, EATING, GROOMING, AND TOILETING), SKILLED NURSING SERVICES (INCLUDING WOUND CARE AND DISEASE MANAGEMENT), LAUNDRY AND HOUSEKEEPING SERVICES, EXERCISE PROGRAMS, ART AND MUSIC THERAPY, RELIGIOUS SERVICES, AND EDUCATIONAL PROGRAMS INCLUDING A BRAIN FITNESS PROGRAM. 18652261 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 9 0 1 299 1 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X RICHARD STEFFENS 7735775334 6016 N NINA AVE CHICAGO IL 60631 DIRK DANKER DIRECTOR 1.00 2.00 X 0 0 0 MICHAEL SCHAIK CHAIRPERSON 1.00 2.00 X X 0 0 0 INGRID FORSBERG DIRECTOR 1.00 2.00 X 0 0 0 ROBERT CHIOSTRI DIRECTOR 1.00 1.00 X 0 0 0 SUSAN KROLL VICE CHAIRPERSON 1.00 1.00 X X 0 0 0 MARY SUSAN CALHOUN DIRECTOR 1.00 1.00 X 0 0 0 SILVIA MORICI CEO 25.00 25.00 X 0 356279 21695 RICHARD STEFFENS CFO 25.00 25.00 X 0 203274 21539 MARY JO BADE CORP CLINICAL SERV DIR 25.00 25.00 X 0 227895 12499 SONYA DAVIS CNA 50.00 X 192347 0 98 PETER LIM MARKETING DIRECTOR 25.00 25.00 X 0 138281 9287 MELITA LAROCO RN 50.00 X 155035 0 15980 JACINTA MCGEE ADMINISTRATOR 25.00 25.00 X 68271 65784 17771 MA MYCEL ADAZA RN 50.00 0.00 X 131511 0 9113 547164 991513 107982 5 0 1 0 JOINT AND NEURO REHAB ASSOCIATION 10400 W HIGGINS ROAD ROSEMONT IL 60018 REHAB SERVICES 983933 CURA HOSPITALITY 3400 ANSYS DR SUITE 404 CANONSBURG PA 15317 DINING SERVICES 426677 PARASOL ALLIANCE 5620 N KEDVALE AVE CHICAGO IL 60646 IT SUPPORT 178156 3 268900 268900 ROOM AND BOARD PRIVATE PAY 623000 9748238 9748238 MEDICARE REVENUE 623000 5262480 5262480 MEDICAID REVENUE 623000 4372744 4372744 RESIDENT ANCILLARY 623000 1218936 1218936 20602398 107429 107429 MISCELLANEOUS REVENUE 623000 31411 31411 31411 21010138 20633809 0 107429 9742071 7014291 2727780 202040 145469 56571 931507 670685 260822 719023 517697 201326 228032 228032 69849 69849 1510795 1510795 164921 164921 201740 145253 56487 297346 214089 83257 1103858 1103858 11659 8394 3265 18866 13584 5282 538883 387996 150887 1040182 748931 291251 1448500 1042920 405580 550667 550667 OUTSIDE SERVICES-AGENCY 2097942 2097942 SUPPLIES FOR RESIDENTS 2032683 2032683 NURSING HOME TAX 546089 546089 BAD DEBT 240502 240502 46162 46162 23743317 18652261 5091056 0 3594638 2644977 1572605 1410976 60144 73362 139305 250866 52405605 30961636 22773088 21443969 5725553 3136916 33865333 28961066 2131023 1964745 2739611 1611826 16810561 16053091 11552867 11457752 33234062 31087414 X 631271 -2126348 631271 -2126348 33865333 28961066 X -2733179 -24440 X X 0 1 X 1 0 X 3618209 3172797 1897755 268900 8957661 22854557 20623188 19984384 20797095 20602398 104861622 22854557 24241397 23157181 22694850 20871298 113819283 0 0 0 113819283 12 548 4032 34957 107429 146978 12 548 4032 34957 107429 146978 146910 109960 61529 70540 31411 420350 23001479 24351905 23222742 22800347 21010138 114386611 0.99500 0.99620 0.00130 0.00040 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER - 2019 AMOUNT: $ 146,910. 2020 AMOUNT: $ 109,960. 2021 AMOUNT: $ 61,529. 2022 AMOUNT: $ 70,540. 2023 AMOUNT: $ 31,411. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4433406 4433406 37689135 21712263 15976872 4956903 4394992 561911 5326161 4854381 471780 21443969 MORTGAGE ESCROWS 353767 REPLACEMENT RESERVE 634118 OTHER RESERVES 602409 OTHER LONG-TERM ASSETS 255127 RESIDENTS SECURITY DEPOSITS 807421 INVESTMENTS OTHER-QUALES 484074 3136916 DUE TO RELATED PARTIES 9725680 NET SECURITY DEPOSIT 722898 DUE TO HEALTHCARE AND FAMILY SERVICES 754047 LEASE LIABILITIES 255127 11457752 X PART X, LINE 2: THE ORGANIZATION UTILIZES A TWO-STEP APPROACH TO RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE FIRST STEP IS TO EVALUATE THE TAX POSITION FOR RECOGNITION BY DETERMINING IF THE WEIGHT OF AVAILABLE EVIDENCE INDICATES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED ON AUDIT, INCLUDING RESOLUTION OF RELATED APPEALS OR LITIGATION PROCESSES. THE SECOND STEP IS TO MEASURE THE TAX BENEFIT AS THE LARGEST AMOUNT, WHICH IS MORE THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. AS OF DECEMBER 31, 2023 AND 2022, THERE WERE NO LIABILITIES RECORDED FOR UNRECOGNIZED TAX BENEFITS RELATED TO TAX POSITIONS TAKEN IN THE CURRENT YEAR. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR TAX PERIODS PENDING OR IN PROGRESS. X X X 0 0 0 0 0 0 0 0 0 SILVIA MORICI CEO 0 326279 0 30000 0 0 0 13200 0 8495 0 377974 0 0 MARY JO BADE CORP CLINICAL SERV DIR 0 209895 0 18000 0 0 0 8523 0 3976 0 240394 0 0 RICHARD STEFFENS CFO 0 203274 0 0 0 0 0 8823 0 12716 0 224813 0 0 SONYA DAVIS CNA 186672 0 5675 0 0 0 0 0 98 0 192445 0 0 0 MELITA LAROCO RN 148760 0 6275 0 0 0 6298 0 9682 0 171015 0 0 0 JACINTA MCGEE ADMINISTRATOR 58771 63959 9500 1825 0 0 2903 2838 5585 6445 76759 75067 0 0 NORWOOD MANAGEMENT COMPANY COMMON BOARD MEMBERS 1040182 MANAGEMENT, HR, ACCOUNTING, AND MARKETING STAFF 0 FORM 990, PART VI, SECTION A, LINE 3 NORWOOD MANAGEMENT COMPANY PROVIDES STRATEGIC DIRECTION AND CRITICAL MANAGEMENT SERVICES INCLUDING EXECUTIVE, ADMINISTRATIVE, AND FINANCIAL FUNCTIONS TO NORWOOD CROSSING ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE CFO REVIEWED THE 990 AND SHARES WITH THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS AND IT IS DISTRIBUTED TO ALL BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE POLICY IS REVIEWED. ALL BOARD MEMBERS AND KEY EMPLOYEES COMPLETE AN UPDATED CONFLICT OF INTEREST DISCLOSURE. ANY DISCLOSURES ARE REVIEWED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. AT EACH BOARD AND COMMITTEE MEETING THE AGENDA IS REVIEWED BY ALL BOARD MEMBERS AND STAFF; ANY CONFLICT OF INTEREST IS DISCLOSED AND THOSE WITH CONFLICT ARE NOT INVOLVED IN ANY DECISION MAKING REGARDING ITEMS OF CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION PARTICIPATES IN A WAGES SURVEY CONDUCTED BY OUR STATE ASSOCIATION (LEADING AGE ILLINOIS): THIS DATA IS USED TO DETERMINE THE COMPENSATION FOR MANAGEMENT AND KEY OFFICIALS. THE GOAL IS TO BE WITHIN 10% OF THE MID POINT OF THE COMPENSATION FOR OUR GEOGRAPHICAL AREA. 990S OF OTHER ORGANIZATIONS WITHIN OUR INDUSTRY ARE ALSO REVIEWED FOR COMPENSATION DATA. THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS APPROVES THE CEO'S SALARY. OTHER MANAGEMENT AND KEY OFFICIAL SALARIES ARE INCLUDED IN THE BUDGET WHICH IS APPROVED BY THE BOARD OF DIRECTORS AND REVIEWED IN DETAIL BY THE CEO. FORM 990, PART VI, SECTION C, LINE 19 SUMMARY FINANCIAL INFORMATION IS INCLUDED IN THE ORGANIZATION'S ANNUAL REPORT. AUDITED FINANCIAL STATEMENTS ARE PROVIDED TO ANY PARTY WHO MAKES A REQUEST. THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST AND DISTRIBUTED TO ANY PARTY WHO MAKES AN INQUIRY. TAX RETURNS ARE AVAILABLE ON GUIDESTAR AND PROVIDED TO ANYONE WHO MAKES A REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS TRANSFERRED TO AFFILIATE -24,440. FORM 990, PART XII, LINE 2C THE FINANCE COMMITTEE ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. QUALES IC LLC 30 MAIN ST STE 330 BURLINGTON VT 05401 843816141 CAPTIVE INSURANCE PROVIDER VT 666028 1323473 NORWOOD CROSSING ASSOCIATION NORWOOD SENIORS NETWORK ASSOCIATION 6016 N NINA AVE CHICAGO IL 60631 412193776 IN HOME SERVICES TO SENIORS IL 501(C)(3) LINE 10 NORWOOD LIFE SOCIETY 0 NORWOOD LIFE CARE FOUNDATION 6016 N NINA AVE CHICAGO IL 60631 363558526 FUNDRAISING IL 501(C)(3) LINE 12A, I NORWOOD LIFE SOCIETY 0 NORWOOD LIFE SOCIETY 6016 N NINA AVE CHICAGO IL 60631 562663863 SENIOR SERVICES IL 501(C)(3) LINE 12B, II N/A 0 NORWEGIAN LUTHERAN BETHESDA HOME ASSOCIATION 2833 N NORDICA AVE CHICAGO IL 60634 362167819 NURSING HOME IL 501(C)(3) LINE 10 NORWOOD LIFE SOCIETY 0 NORWOOD BUSINESS VENTURES 6016 N NINA AVE CHICAGO IL 60631 208322003 REAL ESTATE IL NORWOOD LIFE CARE FOUNDATION C 0 NORWOOD MANAGEMENT COMPANY 6016 N NINA AVE CHICAGO IL 60631 900434072 MANAGEMENT SERVICES IL NORWOOD LIFE SOCIETY C 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 NORWOOD MANAGEMENT COMPANY D 1540890 ACCOUNTING RECORDS NORWOOD MANAGEMENT COMPANY O 1040182 ACTUAL EXPENSES