nonprofit logo

Mather Investments Nfp

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

EIN: 364266878 ✦ Evanston, IL ✦ Designated as a 501(c)(3)

Overview

What is Mather Investments Nfp?

Mather Investments Nfp is a nonprofit organization based in Evanston, Illinois, with an address at 1560 Sherman Avenue 1010. Their primary mission involves creating and managing senior living communities through joint venture operations, called Life Plan Communities. These communities aim to improve the lives of older adults by providing them with specialized care and accommodations. Mather Investments Nfp employs a workforce of 298 individuals.


Official website here: www.mather.com

Is Mather Investments Nfp legitimate?

Mather Investments Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mather Investments Nfp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,602,157

For more financial information, click here


Official website here: www.mather.com

What is the mission statement of Mather Investments Nfp?

Mather Investments Nfp focuses on improving the lives of older adults by establishing and managing senior living communities. Their mission is carried out through joint venture operations, which oversee the functioning of life plan communities. This organization is dedicated to creating environments that cater specifically to the needs of older adults. By operating these communities, they aim to bring about a positive impact on the lives of the residents.


Official website here: www.mather.com

Who is the CEO of Mather Investments Nfp?

Mary G Leary is the President & Ceo of Mather Investments Nfp. The CEO's salary of Mather Investments Nfp is $0 and their total compensation is $2,589,571.


Official website here: www.mather.com

What is the revenue of Mather Investments Nfp?

Mather Investments Nfp's revenue in 2022 was $36,776,934.


Official website here: www.mather.com

Who are the executives of Mather Investments Nfp and what are their salaries?

The average compensation at Mather Investments Nfp during 2022 was $32,222. There are 298 employees and 26 volunteers at Mather Investments Nfp.

Here are 10 key members and their salaries (Mather Investments Nfp's CEO's salary is $0 and their total compensation is $2,589,571):

    Mary G Leary (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $1,730,479
  • Other: $859,092

    • Carol L Sussenbach (Cfo & Treasurer)
  • Compensation: $0
  • Related: $673,599
  • Other: $274,741

    • James Edwartoski (Executive Director)
  • Compensation: $283,034
  • Related: $0
  • Other: $35,543

    • Julie Riggs (Secretary)
  • Compensation: $0
  • Related: $209,725
  • Other: $46,248

    • Kristina Pare (Director Of Sales)
  • Compensation: $172,190
  • Related: $0
  • Other: $41,857

    • Beth Benswanger (Design & Move In Coordinator)
  • Compensation: $172,357
  • Related: $0
  • Other: $22,901

    • Masood Shirmahammadi (Executive Chef)
  • Compensation: $137,358
  • Related: $0
  • Other: $22,747

    • Laura Barnett (Director Of Human Resources)
  • Compensation: $118,161
  • Related: $0
  • Other: $20,678

    • John R Phillips (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terence J Toth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mather.com

    Where can I find the form 990 for Mather Investments Nfp?

    The Mather Investments Nfp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mather.com

    Learn more at the official website: www.mather.com

    Mission Statement of Mather Investments Nfp

    Mather Investments, NFP is a non-profit organization that enhances the lives of older adults by creating and operating senior living communities. Through its mission, Mather Investments, NFP strives to make a positive impact on the lives of seniors by providing them with quality living spaces. The organization goes beyond just creating these communities; it operates them as well.

    Mather Investments, NFP's commitment to enhancing the lives of older adults is further demonstrated through its involvement in joint venture operations. These joint ventures specialize in the development and management of Life Plan Communities, which offer seniors a range of services and amenities designed to cater to their unique needs. By participating in these ventures, Mather Investments, NFP continues to expand its reach and help more older adults live fulfilling lives.

    Impact

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




    Thursday, August 15, 2024

    Mather Investments Nfp enhances the lives of older adults by creating and operating senior living communities. Through its participation in joint venture operations that operate life plan communities, Mather Investments Nfp directly impacts the quality of life for seniors in the Evanston, Illinois area. Their mission to provide senior living options tailored to the needs of older adults contributes to the well-being and comfort of this demographic, ultimately enriching their lives and ensuring they receive the care and support they deserve.





    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: $6,376
  • Program Service Revenue: $36,770,558
  • Gross Receipts: $36,776,934

    • Assets and Liabilities:
  • Total Assets: $128,881,443
  • Total Liabilities: $136,047,335
  • Net Assets: -$7,165,892
  • Programs

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

    J.V. PROGRAM RECEIPTS

    Revenue

    $14,706,578

    CONTRACTED SERVICES

    Revenue

    $12,263,604

    DEVELOPMENT FEE INCOME

    Revenue

    $4,014,701

    MARKETING FEE INCOME

    Revenue

    $2,966,617

    MANAGEMENT FEE

    Revenue

    $1,537,668

    Organization Details

    Founding Year

    1998

    Principal Officer

    Mary G Leary

    Main Address

    1560 SHERMAN AVENUE 1010, EVANSTON, IL, 60201

    NTEE Category

    Code: P81 - Human services

    If you are a representative of Mather Investments Nfp 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.