2023-08-29T10:52:32-05:00 2022-12-31 410746749 CLIFTONLARSONALLEN LLP 1301 WEST 22ND STREET SUITE 1100 OAK BROOK IL 60523 990 2022-01-01 362170882 NORWOOD CROSSING ASSOCIATION NORW 7736314856 6016 N NINA AVE CHICAGO IL 60631 RICHARD STEFFENS CHIEF FINANCIAL OFFICER 7736314856 2023-08-24 1 RICHARD STEFFENS 999009999 0 CHAD D KUNZE CPA P00639380 6305738600 2023-08-24 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z SILVIA MORICI 6016 N NINA AVE CHICAGO IL 60631 22800347 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. 8 8 334 0 0 0 3172797 1897755 19984384 20797095 4032 34957 61529 70540 23222742 22800347 0 0 0 0 12170695 11508978 0 0 0 9664294 10520151 21834989 22029129 1387753 771218 34569248 33865333 34709195 33234062 -139947 631271 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 17069043 20785350 A TOTAL OF 65,552 DAYS OF CARE WERE PROVIDED TO 377 DIFFERENT RESIDENTS IN 2022. THIS INCLUDES 0 DAYS OF CHARITY CARE (CARE PROVIDED AT NO COST) AND 20,500 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. 107305 82285 NORWOOD CROSSING OPERATES A LOCAL SENIORS CENTER IN CONJUNCTION WITH THE CITY OF CHICAGO. THE CENTER PROVIDES MEALS, FITNESS, EDUCATIONAL AND SOCIAL PROGRAMS AT NO OR VERY LOW COST TO CHICAGO RESIDENTS 55 AND OLDER. IN 2022, THERE WERE 24,234 VISITS TO THE SENIOR CENTER BY 839 MEMBERS. 17176348 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 13 0 1 334 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 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 DAVID STACHOWIAK DIRECTOR 1.00 2.00 X X 0 0 0 DIRK DANKER DIRECTOR 1.00 2.00 X 0 0 0 GABRIELA RODIL DIRECTOR 1.00 2.00 X 0 0 0 INGRID FORSBERG DIRECTOR 1.00 2.00 X 0 0 0 MICHAEL SCHAIK DIRECTOR 1.00 2.00 X X 0 0 0 SUSAN KROLL DIRECTOR 1.00 1.00 X X 0 0 0 MARY SUSAN CALHOUN DIRECTOR 1.00 1.00 X 0 0 0 ROBERT CHIOSTRI DIRECTOR 1.00 1.00 X 0 0 0 MICHAEL TOOHEY CEO (FORMER) 25.00 25.00 X 0 457112 9150 RICHARD STEFFENS CFO 25.00 25.00 X 0 259424 18998 SILVIA MORICI CEO (CURRENT) 25.00 25.00 X 0 300842 14972 MARY JO BADE CORP CLINICAL SERV DIR 25.00 25.00 X 0 241626 11483 JON RAGSDALE ADMINISTRATOR 50.00 0.00 X 153172 0 12502 PETER LIM MARKETING DIRECTOR 25.00 25.00 X 0 139776 8462 SONYA DAVIS CNA 50.00 0.00 X 163815 0 95 MELITA LAROCO RN 50.00 0.00 X 145598 0 13453 MARILOU DICKENS RN 50.00 0.00 X 122275 0 0 584860 1398780 89115 4 0 1 0 JOINT AND NEURO REHAB ASSOCIATION 10400 W HIGGINS ROAD ROSEMONT IL 60018 REHAB SERVICES 1103882 CURA HOSPITALITY 3400 ANSYS DR SUITE 404 CANONSBURG PA 15317 DINING SERVICES 379358 PARASOL ALLIANCE 5620 N KEDVALE AVE CHICAGO IL 60646 IT SUPPORT 164815 3 1897755 1897755 ROOM AND BOARD PRIVATE PAY 623000 9882806 9882806 MEDICARE REVENUE 623000 6051330 6051330 MEDICAID REVENUE 623000 3801045 3801045 RESIDENT ANCILLARY 623000 1061914 1061914 20797095 34957 34957 MISCELLANEOUS REVENUE 623000 70540 70540 70540 22800347 20867635 0 34957 9634213 6936633 2697580 198731 143086 55645 953778 686720 267058 722256 520024 202232 76591 76591 52128 52128 1634566 1634566 158695 158695 79119 56966 22153 287284 206844 80440 872463 872463 8060 5803 2257 5542 3990 1552 579668 417361 162307 920439 662716 257723 1472419 1060142 412277 562838 562838 SUPPLIES FOR RESIDENTS 2088007 2088007 OUTSIDE SERVICES-AGENCY 876431 876431 NURSING HOME TAX 558294 558294 BAD DEBT 232186 232186 55421 55421 22029129 17176348 4852781 0 2462800 3594638 1618706 1572605 61442 60144 154258 139305 52307553 29534465 24031340 22773088 6240702 5725553 34569248 33865333 2120045 2131023 2696222 2739611 18029471 16810561 11863457 11552867 34709195 33234062 X -139947 631271 -139947 631271 34569248 33865333 771218 0 X X 0 1 X 1 1 1 X 23889 3618209 3172797 1897755 8712650 22715042 22854557 20623188 19984384 20797095 106974266 22738931 22854557 24241397 23157181 22694850 115686916 0 0 0 115686916 9631 12 548 4032 34957 49180 9631 12 548 4032 34957 49180 146910 109960 61529 70540 388939 22748562 23001479 24351905 23222742 22800347 116125035 0.99620 0.99710 0.00040 0.00010 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. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4433406 4433406 37686879 20509132 17177747 4907261 4321862 585399 5280007 4703471 576536 22773088 DUE FROM RELATED PARTIES 1724732 MORTGAGE ESCROWS 380765 REPLACEMENT RESERVE 511592 OTHER RESERVES 599109 OTHER LONG-TERM ASSETS 103457 RESIDENTS SECURITY DEPOSITS 887750 EMPLOYEE RETENTION CREDIT 1214024 INVESTMENTS OTHER-QUALES 304124 5725553 DUE TO RELATED PARTIES 9725678 NET SECURITY DEPOSIT 800356 DUE TO HEALTHCARE AND FAMILY SERVICES 1020594 OTHER LIABILITIES 6239 11552867 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, 2022 AND 2021, 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 MICHAEL TOOHEY CEO (FORMER) 0 377112 0 80000 0 0 0 9150 0 0 0 466262 0 0 SILVIA MORICI CEO (CURRENT) 0 265842 0 35000 0 0 0 9150 0 5822 0 315814 0 0 RICHARD STEFFENS CFO 0 194424 0 65000 0 0 0 8405 0 10593 0 278422 0 0 MARY JO BADE CORP CLINICAL SERV DIR 0 213126 0 28500 0 0 0 8275 0 3208 0 253109 0 0 JON RAGSDALE ADMINISTRATOR 142572 0 10600 0 0 0 4150 0 8352 0 165674 0 0 0 SONYA DAVIS CNA 162715 0 1100 0 0 0 0 0 95 0 163910 0 0 0 MELITA LAROCO RN 141998 0 3600 0 0 0 5998 0 7455 0 159051 0 0 0 NORWOOD MANAGEMENT COMPANY COMMON BOARD MEMBERS 920439 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 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 463074 952453 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 920439 ACTUAL EXPENSES