2021-11-10T07:23:01-06:00 2020-12-31 366055558 GRANT THORNTON LLP 100 EAST WISCONSIN AVE SUITE 2100 MILWAUKEE WI 53202 990 2020-01-01 362233542 MATHER MATH 8474927500 1603 ORRINGTON AVENUE NO 1800 EVANSTON IL 60201 MARY G LEARY PRESIDENT & CEO 8474927500 2021-11-08 1 MARY LEARY MICHELLE L WEBER P00556798 4142898200 2021-11-08 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X MARY G LEARY 1603 ORRINGTON AVENUE NO 1800 EVANSTON IL 60201 49956185 0 X WWW.MATHER.COM X 1941 IL MATHER IS A LEADING PROVIDER OF SENIOR LIVING COMMUNITIES, COMMUNITY (CONTINUED ON SCHEDULE O) PROGRAMS, RESEARCH, AND EDUCATION THAT ENHANCE THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. 3 2 456 73 0 0 28304664 24368571 24444552 25341367 203845 7873 0 0 52953061 49717811 3259176 0 0 0 29845890 32437903 0 0 0 19878099 17430399 52983165 49868302 -30104 -150491 212682304 216312489 241644861 241879148 -28962557 -25566659 X MATHER IS A LEADING NOT-FOR-PROFIT PROVIDER OF SENIOR LIVING COMMUNITIES AND COMMUNITY PROGRAMS, AS WELL AS A RESPECTED SOURCE FOR RESEARCH AND EDUCATION THAT PROVIDES INDUSTRY PROFESSIONALS AND CAREGIVERS WITH INFORMATION AND KNOWLEDGE (CONTINUED ON SCHEDULE O) THAT ENHANCES THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. 0 1 27738184 25048923 MATHER LIFE PLAN COMMUNITIES PROVIDE OLDER ADULTS WITH LIVING ACCOMMODATIONS, SERVICES AND CARE. 3620214 155017 MATHER, VIA COMMUNITY INITIATIVES, PROVIDES COMMUNITY BASED SERVICES FOR OLDER ADULTS IN THE CHICAGO AREA. 1266022 137427 MATHER, VIA MATHER INSTITUTE, PROVIDES RESEARCH AND EDUCATION TO IMPROVE THE LIVES OF OLDER ADULTS. 32624420 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 125 0 1 456 1 0 0 0 0 0 0 0 0 0 0 1 0 X 3 2 0 0 1 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X CAROL SUSSENBACH 8474926760 1603 ORRINGTON AVENUE SUITE 1800 EVANSTON IL 60201 X MARY G LEARY PRESIDENT & CEO 50.00 10.40 X X 1624202 0 635785 CAROL SUSSENBACH CFO & TREASURER 35.00 15.40 X 613344 0 182571 JOSEPH ZAJDEL SVP BUSINESS DEVELOPMENT 50.00 0.00 X 567097 0 182615 MARY SULLIVAN SVP HUMAN RESOURCES 50.00 0.00 X 460947 0 162284 GALE MORGAN-JOHNSTON SVP SALES 50.00 0.00 X 469575 0 115948 DAVID MURLETTE SVP, SENIOR LIVING 50.00 0.00 X 344894 0 186406 BRENDA P SCHREIBER SVP MARKETING 50.00 0.00 X 384777 0 75705 CHRISTOPHER MANELLA SVP FINANCE 48.00 2.00 X 323306 0 108366 MEREDITH BOYLE SVP, STRATEGIC INITIATIVES 50.00 0.00 X 292327 0 87666 JULIE RIGGS SECRETARY 44.60 5.40 X 170952 0 39964 ROGER E LUMPP II CHAIRMAN - THRU 3/20 0.30 2.40 X 0 0 0 JOHN R PHILLIPS CHAIRMAN - AS OF 3/20 0.30 4.40 X 0 0 0 VICTORIA J HERGET DIRECTOR - THRU 3/20 0.10 2.10 X 0 0 0 TERENCE J TOTH DIRECTOR 0.10 2.10 X 0 0 0 5251421 0 1777310 55 0 1 0 BDO USA LLP PO BOX 642743 PITTSBURGH PA 15264 IT 456643 PLAN B 116 W ILLINOIS ST 2W CHICAGO IL 60654 MARKETING 271593 GRANT THORNTON LLP 171 N CLARK STREET CHICAGO IL 60601 ACCOUNTING SERVICE 266306 MCDERMOTT WILL & EMERY LLP 444 W LAKE ST CHICAGO IL 60606 LEGAL 207406 EQUILIBRIUM IT SOLUTIONS 5559 NORTH ELSTON AVENUE CHICAGO IL 60630 IT 114505 5 -672 24351260 17983 24368571 CONTRACTED SERVICES 623000 15473913 15473913 MANAGEMENT FEE 623000 5553106 5553106 LEASE REVENUE 623000 3995052 3995052 GUEST MEALS 623000 119997 119997 MONTHLY SERVICE FEE 623000 116952 116952 82347 82347 25341367 246247 246247 238374 -238374 -238374 -238374 49717811 25341367 0 7873 4547831 4547831 22360930 14691711 7669219 429868 282434 147434 3492243 3282963 209280 1607031 919343 687688 189589 189589 163968 163968 154106 150611 3495 314443 127449 186994 795618 63081 732537 1294530 403547 890983 73472 8427 65045 105012 2335 102677 6291593 6291593 4848375 4534094 314281 57528 57528 CONTRACTED SERVICES 1457752 436543 1021209 RESIDENT PROGRAM SVCS 793456 771839 21617 NURSING MEDICAL SVCS 422652 422652 FOOD 63345 63345 404960 114925 290035 49868302 32624420 17243882 0 X 4312933 5139313 1011436 372836 2680247 3026865 427582 413525 179233970 55087114 129114517 124146856 75017771 83095276 117818 117818 212682304 216312489 12582280 13830027 0 0 31600000 29600000 197462581 198449121 241644861 241879148 X -28962557 -25566659 -28962557 -25566659 212682304 216312489 X -150491 3546389 X 0 1 X 1 0 X X X 4 MATHER PLACE 363776145 10 0 0 0 MATHER INVESTMENTS NFP 364266878 10 0 0 0 MATHER POSSIBILITIES 362856851 7 0 0 0 THE MATHER EVANSTON 205860808 10 0 0 0 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 FORM 990, SCHEDULE A, PART IV, SECTION A, LINE 1 SUPPORTED ORGANIZATIONS SUPPORTED ORGANIZATIONS ARE DESIGNATED BY CLASS AS PUBLICLY SUPPORTED ORGANIZATIONS AFFILIATED WITH THE MATHER SYSTEM. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4019579 4019579 163664109 44427578 119236531 1146963 781764 365199 3812644 3424178 388466 6590675 6453594 137081 124146856 MATHER INVESTMENTS, NFP 44476571 C MATHER PLACE 36337262 C THE MATHER EVANSTON 1617822 C MATHER POSSIBILITIES 663621 C 83095276 THE MATHER EVANSTON - LINE OF CREDIT 181124000 MATHER FOUNDATION - LINE OF CREDIT 14628567 OBLIGATION FOR FUTURE SERVICES 2108299 REFUNDABLE ENTRANCE FEE 566791 DEFERRED ENTRANCE FEES 21464 198449121 X PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS MATHER, MATHER FOUNDATION, MATHER PLACE, MATHER INVESTMENTS, NFP, MATHER POSSIBILITIES AND THE MATHER EVANSTON HAVE RECEIVED FAVORABLE DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE STATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE ROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ENTITIES OF MATHER FILE TAX RETURNS IN CERTAIN STATES; HOWEVER, THEY DO NOT FILE IN EVERY STATE. FOR ALL STATES WHERE THE ENTITIES HAVE NOT FILED A STATE RETURN, ALL TAX YEARS REMAIN OPEN. X X X X 0 1 0 0 0 0 0 1 0 MARY G LEARY PRESIDENT & CEO 721328 0 863869 0 39005 0 607327 0 28458 0 2259987 0 302167 0 CAROL SUSSENBACH CFO & TREASURER 334976 0 220951 0 57417 0 162137 0 20434 0 795915 0 120304 0 JOSEPH ZAJDEL SVP BUSINESS DEVELOPMENT 289999 0 270043 0 7055 0 146048 0 36567 0 749712 0 100979 0 MARY SULLIVAN SVP HUMAN RESOURCES 263298 0 173218 0 24431 0 134324 0 27960 0 623231 0 61193 0 GALE MORGAN-JOHNSTON SVP SALES 245812 0 212650 0 11113 0 77700 0 38248 0 585523 0 0 0 DAVID MURLETTE SVP, SENIOR LIVING 332653 0 0 0 12241 0 162352 0 24054 0 531300 0 0 0 BRENDA P SCHREIBER SVP MARKETING 232560 0 145150 0 7067 0 68999 0 6706 0 460482 0 0 0 CHRISTOPHER MANELLA SVP FINANCE 224308 0 93350 0 5648 0 69748 0 38618 0 431672 0 0 0 MEREDITH BOYLE SVP, STRATEGIC INITIATIVES 226249 0 62642 0 3436 0 49988 0 37678 0 379993 0 0 0 JULIE RIGGS SECRETARY 143195 0 21285 0 6472 0 12531 0 27433 0 210916 0 0 0 PART I, LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN MARY G. LEARY, CAROL SUSSENBACH, AND MARY SULLIVAN ARE PARTICIPANTS IN MATHER'S 457(F) PLANS. DISTRIBUTIONS WERE PAID OUT IN 2020 TO MARY G. LEARY OF $5,722, TO CAROL SUSSENBACH OF $14,312, AND TO MARY SULLIVAN OF $3,268. PART I, LINE 7 NON-FIXED PAYMENTS BONUS PROGRAM BASED ON GOAL ACHIEVEMENT AND INCLUDES A DISCRETIONARY PORTION. THE BONUSES ARE INCLUDED IN THE COMPENSATION REVIEW AS DESCRIBED IN SCHEDULE O, UNDER PROCESS FOR DETERMINING COMPENSATION FORM 990, PART III, LINE 3 DUE TO THE THREAT OF THE COVID-19 PANDEMIC, MATHER MADE THE DIFFICULT DECISION TO PERMANENTLY CLOSE ALL CAFE AND NEIGHBORHOOD PROGRAMS DURING 2020. MATHER IS CONTINUING TO CREATE WAYS TO AGE WELL BY ALLOWING OLDER ADULTS TO LEARN, CONNECT, EXERCISE AND MORE BY PARTICIPATING IN THE MATHER TELEPHONE TOPICS PROGRAMS ONLINE OR BY PHONE. FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JANUARY 1, 2020, THE ORGANIZATION CHANGED ITS NAME FROM MATHER LIFEWAYS TO MATHER. FORM 990, PART VI, SECTION A, LINE 6 MEMBERS OR STOCKHOLDERS MATHER FOUNDATION IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS AND APPROVES MAJOR ACTIONS OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS OR STOCKHOLDERS WHO MAY ELECT MATHER FOUNDATION IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS SUBJECT TO APPROVAL MATHER FOUNDATION IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS AND HAS THE RIGHT TO APPROVE OR RATIFY DECISIONS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990, INCLUDING SCHEDULES, WAS DISTRIBUTED TO THE MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE MET WITH MANAGEMENT AND REVIEWED THE FORM 990. SUBSEQUENTLY, THE FORM 990 WAS DISTRIBUTED TO EACH DIRECTOR. ALL COMMENTS AND QUESTIONS WERE DIRECTED TO THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT ANNUALLY ALL BOARD MEMBERS, OFFICERS AND SENIOR STAFF MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS ARE REFERRED TO THE CEO AND PRESIDENT, THE BOARD CHAIR, AND CHAIR OF THE GOVERNANCE COMMITTEE, WHO TAKE APPROPRIATE ACTION, INCLUDING DISCUSSING WITH THE FULL BOARD, WHEN NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION MATHER FOLLOWS PROCEDURES TO ESTABLISH THE "REBUTTABLE" PRESUMPTION OF REASONABLENESS DESCRIBED IN THE INCOME TAX REGULATIONS IN DETERMINING EXECUTIVE COMPENSATION. COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE, WHICH CONSISTS OF INDEPENDENT DIRECTORS WHO OBTAIN AND RELY ON "APPROPRIATE DATA AS TO COMPARABILITY" OF TOTAL PAY PACKAGES PRIOR TO MAKING ITS DETERMINATION. OBJECTIVE EVIDENCE OF REASONABLENESS AND COMPARABILITY IS OBTAINED FROM INFORMATION PROVIDED BY AN INDEPENDENT, THIRD PARTY COMPENSATION CONSULTANT. DETERMINATION OF EXECUTIVE COMPENSATION INVOLVES BENCHMARKING WITH COMPARATIVE MARKET COMPENSATION DATA TO ENSURE THAT COMPENSATION IS FAIR, EQUITABLE, AND WITHIN THE STANDARDS OF COMPENSATION PAID TO SIMILARLY SIZED AND COMPLEX ORGANIZATIONS. COMPENSATION DECISIONS INCLUDE CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THE COMPENSATION OF THE CEO IS REVIEWED BY THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART X CAPITAL LEASE FORM 990, PART X IS COMPLETED PER THE AUDITED FINANCIAL STATEMENT PRESENTATION. AS SUCH, THE FOLLOWING CAPITAL LEASE AMOUNTS ARE NOT INCLUDED ON FORM 990, PART X OR SCHEDULE D, PARTS IX AND X. ASSETS LEASE RECEIVABLE $368,328,608 LIABILITIES UNEARNED REVENUE 372,459,578 INTERCOMPANY PAYABLE - THE MATHER EVANSTON 15,286,426 NET ASSETS CURRENT YEAR NET INCOME (3,267,301) ACCUMULATED PRIOR YEAR NET INCOME (16,150,095) FORM 990, PART XI, LINE 9: CHANGES IN FUTURE SERVICE OBLIGATION 88,568. CHANGES IN SPLIT INTEREST AGREEMENTS 190,520. BOOK/TAX DIFFERENCE: CAPITAL LEASE 3,267,301. 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