Presbyterian Living
Legal name: Presbyterian Homes
Nonprofit profile at a glance
- EIN
- 471545753
- IRS 990 coverage
- 2015–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-N 2014
- Location
- Skokie, IL, USA
- Phone
- 847-979-3902
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Services N.E.C.
- Affiliation
- Christianity
Reported finances
- Revenue
- $115,807,574
- Expenses
- $100,458,617
- Assets
- $477,921,235
- Liabilities
- $343,246,121
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
30 people listed
Executive titles in this filing
- NADIM ABI-ANTOUN (CEO)
- TODD SWORTZEL (Executive Advisor/Former CEO)
Highest reported compensation
- NADIM ABI-ANTOUN (CEO): $1,156,546 total reported compensation
- TODD SWORTZEL (Executive Advisor/Former CEO): $865,469 total reported compensation
- MARK HAVRILKA (CFO): $808,217 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Since 1904, Presbyterian Living has been an independent, not-for-profit and faith-based family of retirement communities near Chicago, open to all seniors and staff regardless of religious affiliation. Jim Brault is the Chief Executive Officer and President of the Brauvin Organization, based in Chicago, which invests in retail and retail-related net lease properties throughout the United States. He has been involved in several civic and not-for-profit organizations. He has served as Commissioner of the Wilmette Park Board in Wilmette from 2005 – 2015 and was a Board Member of the Archdiocese of Chicago’s Independent Review Board and Board Member and Treasurer of Madonna Mission, a not-for-profit organization, providing education and resettlement support programs for refugee families in Chicago. He is currently a Trustee for Loyola Academy in Wilmette. Bob Dearborn Elected Director.
What it reported doing in 2024
Lake forest place and the moorings of arlington heights ("the moorings") are not-for-profit independent living, life plan communities (formerly known as continuing care retirement communities). Independent living facilities at lake forest place and the moorings consist a total of 536 apartments, villas and cottages. Available residential services include flexible dining options, housekeeping and complete maintenance services, transportation as well as planned social and educational activities and programs. Ten twenty grove is an independent living facility consisting of 47 apartments. During the filing year, the three independent living facilities served a total of 800 independent living residents during the filing year.
Operating model
- Revenue model
- Other-operating. 93% of the money available for current operations came from other operating 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 90
- Accountability: 100
- Sustainability: 66
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.3%; rating input score 74
- Program expense ratio: 83.6%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.3%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 4.76; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: 0.72; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 6.1%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 9.2% per year; rating input score 100; 71st percentile among comparable filings
- Revenue growth: 8.7% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 2.8% per year; rating input score 100; 20th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 74.3% of revenue deployed · 83.6% of spending went to programs
- Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $84M in reported program spending
- Leadership: top reported pay $1.2M · 30 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $17.2M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 14 filed money-flow records
- Related organizations: 7 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 — Sustainability: Officer compensation ratio scored 11/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.