2025-08-28T16:30:19-05:00 2024-12-31 410746749 CLIFTONLARSONALLEN LLP 2021 SPRING ROAD SUITE 200 OAK BROOK IL 60523 990 2024-01-01 362170882 NORWOOD CROSSING ASSOCIATION NORW 7736314856 6016 N NINA AVE CHICAGO IL 60631 RICHARD STEFFENS CHIEF FINANCIAL OFFICER 7736314856 2025-08-27 1 0 CHAD D KUNZE CPA P00639380 6305738600 2025-08-27 2024 2025-03-06 01:10:19Z SILVIA MORICI 6016 N NINA AVE CHICAGO IL 60631 21439638 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. 6 6 333 117 0 0 268900 0 20602398 21340328 107429 70306 31411 29004 21010138 21439638 0 0 0 0 11594641 12367490 0 0 0 12148676 11324884 23743317 23692374 -2733179 -2252736 28961066 26526085 31087414 30905633 -2126348 -4379548 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 18479277 21369332 A TOTAL OF 56,109 DAYS OF CARE WERE PROVIDED TO 361 DIFFERENT RESIDENTS IN 2024. THIS INCLUDES 21,405 DAYS COVERED BY MEDICAID. THE REIMBURSMENT RECEIVED FOR A PROVIDING CARE TO A MEDICAID RESIDENT IS $239 PER DAY. 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. 18479277 1 0 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 23 0 1 333 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 3.00 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 314901 21809 RICHARD STEFFENS CFO 25.00 25.00 X 0 250062 24764 MARY JO BADE CORP CLINICAL SERV DIR 39.00 11.00 X 0 220071 11351 SONYA DAVIS CNA 50.00 X 199920 0 98 ROJI SHAHI RN 50.00 X 169608 0 0 JACINTA MCGEE EXECUTIVE DIRECTOR 50.00 X 157510 0 20764 MARILOU DICKENS RN 50.00 X 150612 0 0 MELITA LAROCO DIRECTOR OF NURSING 50.00 X 137655 0 17423 815305 785034 96209 5 0 1 0 JOINT AND NEURO REHAB ASSOCIATION 10400 W HIGGINS ROAD ROSEMONT IL 60018 REHAB SERVICES 960764 CURA HOSPITALITY 3400 ANSYS DR SUITE 404 CANONSBURG PA 15317 DINING SERVICES 364683 PARASOL ALLIANCE 5620 N KEDVALE AVE CHICAGO IL 60646 IT SUPPORT 170019 ALLIED UNIVERSAL SECURITY SERVICES PO BOX 828854 PHILADELPHIA PA 19182 SECURITY SERVICES 164835 4 ROOM AND BOARD PRIVATE PAY 623000 9385803 9385803 MEDICARE REVENUE 623000 5998842 5998842 MEDICAID REVENUE 623000 4880024 4880024 RESIDENT ANCILLARY 623000 1075659 1075659 21340328 70306 70306 MISCELLANEOUS REVENUE 623000 29004 29004 29004 21439638 21369332 0 70306 10471260 7539307 2931953 197892 142482 55410 928478 668504 259974 769860 554299 215561 269063 269063 68129 68129 1606911 1606911 160117 160117 175985 126709 49276 308100 221832 86268 1235790 1235790 14739 10612 4127 12407 8933 3474 535229 385365 149864 1045394 752684 292710 1252766 901992 350774 476514 476514 SUPPLIES FOR RESIDENTS 2080628 2080628 OUTSIDE SERVICES-AGENCY 1088213 1088213 NURSING HOME TAX 549203 549203 BAD DEBT 384244 384244 61452 61452 23692374 18479277 5213097 0 2644977 1101419 1410976 1894521 73362 58374 250866 193300 52792404 32193076 21443969 20599328 3136916 2679143 28961066 26526085 1964745 2706778 1611826 1305566 16053091 15381298 11457752 11511991 31087414 30905633 X -2126348 -4379548 -2126348 -4379548 28961066 26526085 X -2252736 -464 X X 0 1 X 1 0 X 3618209 3172797 1897755 268900 0 8957661 20623188 19984384 20797095 20602398 21340328 103347393 24241397 23157181 22694850 20871298 21340328 112305054 0 0 0 112305054 548 4032 34957 107429 70306 217272 548 4032 34957 107429 70306 217272 109960 61529 70540 31411 29004 302444 24351905 23222742 22800347 21010138 21439638 112824770 0.99540 0.99500 0.00190 0.00130 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER - 2020 AMOUNT: $ 109,960. 2021 AMOUNT: $ 61,529. 2022 AMOUNT: $ 70,540. 2023 AMOUNT: $ 31,411. 2024 AMOUNT: $ 29,004. 4433406 4433406 37750682 22722408 15028274 5021924 4464952 556972 5586392 5005716 580676 20599328 RESIDENTS SECURITY DEPOSITS 780032 REPLACEMENT RESERVE 555258 OTHER RESERVES 606340 MORTGAGE ESCROWS 435752 INVESTMENTS OTHER-TRINITY RISK SOLUTIONS 100000 LEASE RIGHT OF USE ASSETS 201761 2679143 DUE TO RELATED PARTIES 9725676 SECURITY DEPOSITS 675005 DUE TO HEALTHCARE AND FAMILY SERVICES 534550 LEASE LIABILITIES 201760 LINE OF CREDIT 375000 11511991 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, 2024 AND 2023, 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 314901 0 0 0 0 0 12874 0 8935 0 336710 0 0 RICHARD STEFFENS CFO 0 208062 0 42000 0 0 0 9088 0 15676 0 274826 0 0 MARY JO BADE CORP CLINICAL SERV DIR 0 220071 0 0 0 0 0 6584 0 4767 0 231422 0 0 SONYA DAVIS CNA 199920 0 0 0 0 0 0 0 98 0 200018 0 0 0 JACINTA MCGEE EXECUTIVE DIRECTOR 157510 0 0 0 0 0 5917 0 14847 0 178274 0 0 0 ROJI SHAHI RN 169608 0 0 0 0 0 0 0 0 0 169608 0 0 0 MELITA LAROCO DIRECTOR OF NURSING 137655 0 0 0 0 0 5913 0 11510 0 155078 0 0 0 MARILOU DICKENS RN 150612 0 0 0 0 0 0 0 0 0 150612 0 0 0 NORWOOD MANAGEMENT COMPANY COMMON BOARD MEMBERS 1045394 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 -464. 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 178082 0 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 6016 N NINA AVE CHICAGO IL 60631 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 1045394 ACTUAL EXPENSES