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Northwest Home For The Aged

Park Plaza Retirement Center

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362216170 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Northwest Home For The Aged?

Northwest Home For The Aged, operating as Park Plaza Retirement Center, is a nonprofit organization situated in Chicago, Illinois. Their primary focus is providing independent living accommodations for the elderly residing in the Chicagoland area. The mission of this organization is to offer modern, elegant living spaces that foster independence, community, and safety for its senior residents. They operate a 196-unit apartment complex, ensuring that the elderly population has access to a comfortable living environment. With a workforce of 31 individuals, Northwest Home For The Aged is committed to enhancing the quality of life for its senior residents, offering them a sense of independence and community.


Official website here: www.park-plaza.org

Is Northwest Home For The Aged legitimate?

Northwest Home For The Aged is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northwest Home For The Aged submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $141,963
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,088,445

For more financial information, click here


Official website here: www.park-plaza.org

What is the mission statement of Northwest Home For The Aged?

Northwest Home For The Aged's mission is centered around providing senior residents with a high standard of living. Their nonprofit objective is to offer modern, elegant accommodations, fostering independence, community, and safety for the elderly residing in the Chicago area. To achieve this, they operate a 196-unit retirement center known as Park Plaza Retirement Center. This facility aims to cater to the needs of retired individuals, providing them with a comfortable living space.


Official website here: www.park-plaza.org

Who is the CEO of Northwest Home For The Aged?

David Rubin is the President of Northwest Home For The Aged.


Official website here: www.park-plaza.org

What is the revenue of Northwest Home For The Aged?

Northwest Home For The Aged's revenue in 2022 was $6,661,659.


Official website here: www.park-plaza.org

Who are the executives of Northwest Home For The Aged and what are their salaries?

The average compensation at Northwest Home For The Aged during 2022 was $39,691. There are 31 employees and 23 volunteers at Northwest Home For The Aged.

Here are 16 key members and their salaries:

    Elly Bauman (Executive Director)
  • Compensation: $141,963
  • Related: $0
  • Other: $0

    • Hillel Lipson (Director - Sales & Mktg)
  • Compensation: $106,977
  • Related: $0
  • Other: $0

    • Alan Caplan (President (Through 1/22)) [Trustee/Director]
  • Compensation: $1,265
  • Related: $0
  • Other: $0

    • David Rubin (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sanford Bokor (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marvin Katz (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Norman Finkel (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald Abrams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph Brooks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheldon Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jay Goodgold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Goodman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Landes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marsha Lyons (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Mainzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hon Jerome Orbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.park-plaza.org

    Where can I find the form 990 for Northwest Home For The Aged?

    The Northwest Home For The Aged’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.park-plaza.org

    Learn more at the official website: www.park-plaza.org

    Mission Statement of Northwest Home For The Aged

    Northwest Home for the Aged, a nonprofit organization, is dedicated to providing senior residents with the comfort and independence they deserve. Its mission is to offer modern and elegant living accommodations, fostering a sense of community and ensuring safety for the elderly residing in the Chicagoland area. To accomplish this, the organization operates a 196-unit apartment complex known as Park Plaza Retirement Center. This facility serves as a home for retired individuals, providing them with a living space that caters to their needs and supports their desire for independence.

    Impact

    This information is meant to be a general summary of Northwest Home For The Aged. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Northwest Home For The Aged's impact is significant in providing independent living for the elderly in the Chicagoland area. Through their operation of a 196-unit apartment complex known as Park Plaza Retirement Center, they offer modern, elegant accommodations that prioritize independence, community, and safety for senior residents. By fulfilling their mission to provide the elderly with the living conditions they deserve, Northwest Home For The Aged positively impacts the lives of many individuals in the Chicago area, contributing to the well-being and quality of life of senior citizens within the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,825,679
  • Program Service Revenue: $2,826,305
  • Gross Receipts: $25,170,022

    • Assets and Liabilities:
  • Total Assets: $98,417,484
  • Total Liabilities: $3,624,844
  • Net Assets: $94,792,640
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    APARTMENT RENTALS

    Revenue

    $2,763,746

    RESIDENT FEES

    Revenue

    $62,559

    Organization Details

    Founding Year

    1944

    Principal Officer

    David Rubin

    Main Address

    6840 NORTH SACRAMENTO AVE, CHICAGO, IL, 60645

    NTEE Category

    Code: P750 - Human services

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