Peru Becker Ltd Nfp

Nonprofit profile at a glance

EIN
262341728
IRS 990 coverage
2009–2024
Forms available
Form 990 2024, Form 990-N 2008
Location
Galesburg, IL, USA
Phone
3093431550
Rating confidence
Limited
Sector
Real Estate Associations

Reported finances

Revenue
$1,394,133
Expenses
$1,575,383
Assets
$9,777,194
Liabilities
$17,365,503

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • JEFFREY SHAW (PRESIDENT)
  • JOHN CARMODY (VICE PRESIDENT)

Highest reported compensation

  • JEFFREY SHAW (PRESIDENT): $9,000 total reported compensation
  • JOHN CARMODY (VICE PRESIDENT): $4,500 total reported compensation
  • GORDON MONN (DIRECTOR): $4,500 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 mission of the organization is articulated in its articles of incorporation as follows: the corporation is organized for the exclusive purpose of acquiring, holding title to, and collecting income from real property and qualified personal property, and remitting the entire amount of income from such property (less expenses) to one organization described in section 501(c)(3) of the internal revenue code.

What it reported doing in 2024

All program services relate to acquiring and holding title to real and qualified personal property, and collecting and remitting income from such property to one 501(c)(3) organization. Peru becker, ltd., nfp owns and leases a long-term care campus that includes a skilled nursing facility, a sheltered care facility and an assisted living facility.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 90
  • Accountability: 84
  • Sustainability: 32
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 62
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Limited
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -13%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 6.21; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 1.78; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: 0.5% per year; rating input score 100; 17th percentile among comparable filings
  • Asset growth: -5.4% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 4 of 4 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $9K · 4 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 5 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.

  • Review — Accountability: Governance controls: 3 of 8 not reported.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.