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Peoria Manor Court Ltd Nfp

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

EIN: 262341694 ✦ Galesburg, IL ✦ Designated as a 501(c)(2)

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Overview

What is Peoria Manor Court Ltd Nfp?

Peoria Manor Court Ltd Nfp is a nonprofit organization situated in Galesburg, Illinois, specifically at 285 S Farnham St. Their primary mission is to acquire, hold title to, and manage both real and qualified personal property. The income generated from these properties is then remitted to another 501(c)(3) organization called Frances House, Inc. Peoria Manor Court Ltd Nfp operates a long-term care campus, which includes a skilled nursing facility and an assisted living facility. The organization's activities contribute to the welfare of residents in these facilities.

Is Peoria Manor Court Ltd Nfp legitimate?

Peoria Manor Court Ltd Nfp is a legitimate nonprofit organization registered as a 501(c)(2) entity. Peoria Manor Court Ltd 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Peoria Manor Court Ltd Nfp?

The mission of Peoria Manor Court Ltd Nfp, as stated in its articles of incorporation, is primarily focused on acquiring, holding title to, and collecting income from real and qualified personal property. This income, after deducting expenses, is then remitted in full to an organization classified under section 501(C)(3) of the Internal Revenue Code. The main purpose of this organization is to support the activities of this 501(C)(3) entity.

Who is the CEO of Peoria Manor Court Ltd Nfp?

Jeffrey Shaw is the President of Peoria Manor Court Ltd Nfp.

What is the revenue of Peoria Manor Court Ltd Nfp?

Peoria Manor Court Ltd Nfp's revenue in 2023 was $819,679.

Who are the executives of Peoria Manor Court Ltd Nfp and what are their salaries?

There 4 volunteers at Peoria Manor Court Ltd Nfp.


Here are 4 key members and their salaries:


Jeffrey Shaw (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Carmody (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Monn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Wartman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Peoria Manor Court Ltd Nfp?

Peoria Manor Court Ltd Nfp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Peoria Manor Court Ltd Nfp

Peoria Manor Court Ltd Nfp, as outlined in its articles of incorporation, is established with the primary mission to acquire and hold title to real property and qualified personal property. The organization's primary role is to collect income derived from these properties and subsequently remit the entire amount, less any expenses, to a nonprofit organization classified under section 501(c)(3) of the Internal Revenue Code. This mission enables Peoria Manor Court Ltd Nfp to contribute financially to a charitable cause, thereby supporting its designated recipient's mission and objectives.

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Impact




October, 2024

Peoria Manor Court Ltd Nfp has a significant impact on the community by enhancing the availability of long-term care services and supporting essential healthcare facilities. By owning and leasing a long-term care campus that includes a skilled nursing facility and an assisted living facility, it directly addresses the needs of elderly and disabled residents in Galesburg, IL.

The organization plays a crucial role in acquiring and managing property, ensuring that it generates income that is then directed to Frances House, Inc., which focuses on providing critical support and services to the community. This financial support helps sustain and potentially expand health and wellness initiatives, improving the quality of life for individuals who rely on these services.

Moreover, Peoria Manor Court Ltd contributes to community betterment by maintaining the properties and facilities that foster healthcare access, which is essential for the physical and mental well-being of its residents. Its mission ensures that resources are effectively allocated to promote the overall health of the community, thereby reinforcing a network of support for those in need. This holistic approach to community improvement not only addresses immediate healthcare needs but also uplifts the socio-economic fabric of Galesburg.




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


Financials

This financial information is from Propublica.

Revenue
$819,679 (2023)
Expenses
$1,012,211 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $79
  • Program Service Revenue: $819,600
  • Gross Receipts: $819,679

Assets and Liabilities:

  • Total Assets: $6,669,150
  • Total Liabilities: $10,633,897
  • Net Assets: -$3,964,747

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Programs

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

FACILITY RENT INCOME

Revenue

$819,600

Organization Details

Founding Year

2008

Principal Officer

Jeffrey Shaw

Main Address

285 S FARNHAM ST, GALESBURG, IL, 61401

NTEE Category

Code: S47 - Community improvement

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