Montgomery Place

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

EIN: 363582046 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Montgomery Place?

Montgomery Place is a nonprofit retirement community located in Chicago, Illinois, offering senior adults a nurturing environment for enhanced living. Residents enjoy multiple choices in independent living apartments, meal plans, and daily activities. Facilities include apartments with full kitchens and appliances, as well as common living spaces that foster companionship. Montgomery Place offers various services and amenities, such as wellness programs, basic utilities, housekeeping, entertainment, transportation, 24-hour security, and chaplain services. The mission of Montgomery Place is dedicated to improving the quality of life for senior adults by providing retirement housing and healthcare services. The community employs a team of 221 individuals to support its residents in their daily lives.


Official website here: www.montgomeryplace.org

Is Montgomery Place legitimate?

Montgomery Place is a legitimate nonprofit organization registered as a 501(c)(3) entity. Montgomery Place 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: $468,604
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,601,733

For more financial information, click here


Official website here: www.montgomeryplace.org

What is the mission statement of Montgomery Place?

Montgomery Place aims to enhance the quality of life for senior adults by offering retirement housing and comprehensive health services in a caring environment. Residents have the flexibility to choose from various apartment options, meal plans, and daily activities. The community provides apartment units equipped with full kitchens and appliances, as well as in-unit washer/dryers. Common living spaces foster companionship and cater to residents' physical, intellectual, and psychological needs. Montgomery Place offers additional services and amenities including wellness programs, basic utilities, housekeeping, entertainment, and transportation, 24-hour security, a call system in each unit, and on-site chaplain services.


Official website here: www.montgomeryplace.org

Who is the CEO of Montgomery Place?

Michael Mcgarry is the Principal Officer of Montgomery Place. The CEO's salary of Montgomery Place is $30,791 and their total compensation is $30,818.


Official website here: www.montgomeryplace.org

What is the revenue of Montgomery Place?

Montgomery Place's revenue in 2022 was $17,866,732.


Official website here: www.montgomeryplace.org

Who are the executives of Montgomery Place and what are their salaries?

The average compensation at Montgomery Place during 2022 was $41,042. There are 221 employees and 10 volunteers at Montgomery Place.

Here are 12 key members and their salaries (Montgomery Place's CEO's salary is $30,791 and their total compensation is $30,818):

    Deborah Hart (President & Ceo - Thru 12/2021)
  • Compensation: $239,623
  • Related: $0
  • Other: $19,794

    • Paul Zappoli (Chief Operating Officer)
  • Compensation: $165,556
  • Related: $0
  • Other: $16,831

    • Michael Clark (Chief Financial Officer)
  • Compensation: $161,916
  • Related: $0
  • Other: $16,452

    • Stefanie Dziedzic (Chief Relationship Officer)
  • Compensation: $106,843
  • Related: $0
  • Other: $90

    • Michael M Mcgarry (President & Ceo - Beg 11/2021) [Trustee/Director]
  • Compensation: $30,791
  • Related: $0
  • Other: $27

    • Gregory L Gleason (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Morag Fullilove (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Williamson (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Deborah Franczek (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Constance Bonbrest Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Suzanne Dutcher (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bryon Rosner Md (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.montgomeryplace.org

    Where can I find the form 990 for Montgomery Place?

    The Montgomery Place’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.montgomeryplace.org

    Learn more at the official website: www.montgomeryplace.org

    Mission Statement of Montgomery Place

    Montgomery Place, a continuing care retirement community, is dedicated to improving the lives of senior adults by offering both retirement housing and health services in a supportive and nurturing environment. The organization provides a range of living options with various independent living apartment selections and meal plans, allowing residents to choose what best suits their needs. The apartments, equipped with full kitchens and appliances, as well as in-unit washer and dryers, offer a sense of comfort and independence.

    Common living spaces, both indoors and outdoors, foster companionship and address the physical, intellectual, and psychological needs of the residents. Montgomery Place offers several notable services and amenities, including complimentary wellness services, basic phone, cable, and internet, light housekeeping and linen, entertainment and transportation services, 24-hour live security, a call system in each unit, and on-site chaplain services. With these offerings, Montgomery Place ensures that the needs and comfort of each resident are prioritized.

    Impact

    This information is meant to be a general summary of Montgomery Place. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Montgomery Place significantly impacts the quality of life for senior adults by providing retirement housing and health services in a nurturing environment. It offers residents various options for independent living apartments, meal plans, and daily activities. The community's common living spaces foster companionship and cater to residents' physical, intellectual, and psychological needs. Notable services and amenities, such as wellness services, security, entertainment, transportation, and chaplain services, further enhance the well-being of the residents.





    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: $113,545
  • Program Service Revenue: $16,706,262
  • Gross Receipts: $21,032,005

    • Assets and Liabilities:
  • Total Assets: $31,086,963
  • Total Liabilities: $61,471,747
  • Net Assets: -$30,384,784
  • Programs

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

    INDEPENDENT LIVING

    Revenue

    $5,941,271

    HEALTH CARE

    Revenue

    $5,650,027

    HOME CARE

    Revenue

    $3,112,537

    ASSISTED LIVING

    Revenue

    $1,551,636

    AMORTIZED ENTRANCE FEES

    Revenue

    $450,791

    Organization Details

    Founding Year

    1987

    Principal Officer

    Michael Mcgarry

    Main Address

    5550 SOUTH SHORE DRIVE, CHICAGO, IL, 60637

    NTEE Category

    Code: P75 - Human services

    If you are a representative of Montgomery Place and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.