Ili Senior Housing Chapel Valley Road Inc
Nonprofit profile at a glance
- EIN
- 391779428
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Watertown, WI, USA
- Phone
- 9202610400
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
- Affiliation
- Christianity
Reported finances
- Revenue
- $593,754
- Expenses
- $481,642
- Assets
- $1,781,479
- Liabilities
- $3,041,690
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- MATTHEW MAUTHE (CEO)
Highest reported compensation
- MATTHEW MAUTHE (CEO): $548,823 total reported compensation
- MICHAEL LIBBY (COO): $295,684 total reported compensation
- NICOLE CHWALA (CFO): $262,650 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization provides subsidized housing for low-income elderly or disabled persons.
What it reported doing in 2024
Ili senior housing-chapel valley road inc. Provided 42 one-bedroom units of subsidized housing for low-income elderly or disabled persons.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 60
- Accountability: 32
- Sustainability: 63
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.3%; rating input score 57
- Program expense ratio: 71.2%; rating input score 71
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.9%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 3.7; rating input score 79; 79th percentile among comparable filings
- Liabilities to assets ratio: 1.71; rating input score 3; 3rd percentile among comparable filings
- Officer compensation ratio: 11.6%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 2.9% per year; rating input score 100; 31st percentile among comparable filings
- Revenue growth: 2.4% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: -0.7% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 57.3% of revenue deployed · 71.2% of spending went to programs
- Governance: 0 of 3 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $343K in reported program spending
- Leadership: top reported pay $549K · 3 people listed · 0 of 6 pay-setting controls reported
- Consistency: 29 of 29 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 16 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 3/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.