2020-11-12T07:58:29-06:00 2019-12-31 GRANT THORNTON LLP 171 N CLARK ST SUITE 200 CHICAGO IL 60601 990 2019-01-01 362233542 Mather LifeWays % CAROL SUSSENBACH MATH 8474927500 1603 Orrington Avenue Suite 1800 Evanston IL 60201 MARY G LEARY President & CEO 8474927500 2020-11-11 true Michelle L Weber P00556798 3128560200 71.201.134.167 36941220203175000004 2020-11-12 P BB71671E61CB234D07B6FC6BD8513FE58F54C2F4 50020165F719C9D6808ABCB505C97416E6A26C29 2019 2021-01-29 14:40:06Z Mary G Leary 1603 Orrington Avenue Evanston IL 60201 52953061 false X www.mather.com X 1941 IL MATHER LIFEWAYS IS A LEADING PROVIDER OF SENIOR LIVING COMMUNITIES, COMMUNITY PROGRAMS, RESEARCH, AND EDUCATION THAT ENHANCE THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. 4 3 477 79 0 0 21771258 28304664 23423376 24444552 769203 203845 0 0 45963837 52953061 0 3259176 0 0 28435003 29845890 0 0 0 18831021 19878099 47266024 52983165 -1302187 -30104 197053058 212682304 229103150 241644861 -32050092 -28962557 X MATHER LIFEWAYS IS A LEADING NOT-FOR-PROFIT PROVIDER OF SENIOR LIVING COMMUNITIES AND COMMUNITY PROGRAMS, AS WELL AS A RESPECTED SOURCE FOR RESEARCH AND EDUCATION THAT PROVIDES INDUSTRY PROFESSIONALS AND CAREGIVERS WITH INFORMATION AND KNOWLEDGE THAT ENHANCES THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. false false 29924735 3259176 23470145 MATHER LIFEWAYS LIFE PLAN COMMUNITIES PROVIDE OLDER ADULTS WITH LIVING ACCOMMODATIONS, SERVICES AND CARE. 5697321 820007 MATHER LIFEWAYS, VIA MATHER LIFEWAYS COMMUNITY INITIATIVES, PROVIDES COMMUNITY BASED SERVICES FOR OLDER ADULTS IN THE CHICAGO AREA. 1527459 154400 MATHER LIFEWAYS, VIA MATHER LIFEWAYS INSTITUTE ON AGING, PROVIDES RESEARCH AND EDUCATION TO IMPROVE THE LIVES OF OLDER ADULTS. 37149515 true true false false false false false false false false true false true false true true false true false false false false false false false false false true false true false false false false false false false false false false false false true true true true false false true 182 0 true 477 true false false false false false false false false false false true false X 4 3 false false false false true true true true true false false true true true true true true true true false IL X CAROL SUSSENBACH 8474926760 1603 ORRINGTON AVENUE SUITE 1800 Evanston IL 60201 X Mary G Leary President & CEO 50.0 10.4 X X 1880056 0 346107 Carol Sussenbach CFO & TREASURER 35.0 15.4 X 597450 0 132254 Joseph Zajdel SVP Business Development 50.0 0.0 X 547305 0 162742 Mary Sullivan SVP Human Resources 50.0 0.0 X 431268 0 126220 Gale Morgan-Johnston SVP Sales 50.0 0.0 X 430526 0 57882 Christopher Manella SVP Finance 48.0 2.0 X 323671 0 58129 Brenda P Schreiber SVP MARKETING 50.0 0.0 X 317624 0 27185 Patrick Barnhart AVP of Devt. Design & Constr. 50.0 0.0 X 260905 0 22890 Jeff Branch SVP Sr Live & MLIA - THRU 6/19 50.0 0.0 X 224040 0 20713 Julie Riggs Secretary 44.6 5.4 X 155480 0 38809 Roger E Lumpp II Chairman 0.3 4.4 X 0 0 0 Victoria J Herget Director 0.1 2.1 X 0 0 0 Terence J Toth Director 0.1 2.1 X 0 0 0 5168325 0 992931 45 false true false Equilibrium IT Solutions Inc 5080 N Elston Avenue CHICAGO IL 60630 Consultants 552750 Plan B 116 W Illinois St 2W CHICAGO IL 60654 Marketing 504801 McDermott Will Emery LLP 444 W Lake Street CHICAGO IL 60606 Legal 289749 Grant Thornton LLP 171 N Clark Street CHICAGO IL 60601 AccOUNTING Service 280024 Cornerstone Renovation Group LLC 3080 Aldrich Drive CUMMING GA 30040 Contractor 169794 7 2681 28202853 99130 28304664 CONTRACTED SERVICES 623000 13789946 13789946 0 0 MANAGEMENT FEE 623000 5658994 5658994 0 0 LEASE REVENUE 623000 3960296 3960296 0 0 GUEST MEALS 623000 595594 595594 0 0 MONTHLY SERVICE FEE 623000 167014 167014 0 0 272708 272708 0 0 24444552 203845 203845 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 52953061 24444552 0 203845 3259176 3259176 0 0 0 4105003 4105003 0 19449485 14338428 5111057 1487102 905250 581852 3316414 2190918 1125496 1487886 1096890 390996 0 249398 249398 189172 189172 0 0 0 0 676019 676019 354466 138228 216238 789665 59510 730155 0 1359832 511368 848464 373573 47085 326488 0 239708 8472 231236 6523261 6523261 0 4859044 4526519 332525 44375 44375 CONTRACTED SERVICES 1773494 839622 933872 0 RESIDENT PROGRAM SERVICES 1150134 1125567 24567 0 NURSING MEDICAL SERVICES 396822 396822 0 0 FOOD 317551 317551 0 0 581585 144454 437131 52983165 37149515 15833650 0 X 0 0 3425112 4312933 0 0 890099 1011436 0 0 0 0 2544020 2680247 0 0 455659 427582 181637818 52523301 133383800 129114517 0 0 0 0 56236550 75017771 0 0 117818 117818 197053058 212682304 12178625 12582280 0 0 0 0 0 0 0 0 0 0 19600000 31600000 0 0 197324525 197462581 229103150 241644861 X -32050092 -28962557 0 0 -32050092 -28962557 197053058 212682304 X -30104 3117639 X false true X true false X X X 4 MATHER PLACE 363776145 10 false 0 0 MATHER INVESTMENTS NFP 364266878 10 false 3259176 0 MATHER POSSIBILITIES 362856851 7 false 0 0 THE MATHER 205860808 10 false 0 0 4 3259176 0 false false false false false false false false false false false false false false false true SUPPORTED ORGANIZATIONS FORM 990, SCHEDULE A, PART IV, SECTION A, LINE 1 SUPPORTED ORGANIZATIONS ARE DESIGNATED BY CLASS AS PUBLICLY SUPPORTED ORGANIZATIONS AFFILIATED WITH THE MATHER SYSTEM. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4019579 4019579 163664109 40121648 123542461 2944341 2250085 694256 4182971 3556425 626546 6826818 6595143 231675 129114517 MATHER PLACE 37068569 C MATHER INVESTMENTS, NFP 36146199 C THE MATHER 1220053 C MATHER POSSIBILITIES 582950 C 75017771 0 THE MATHER - LINE OF CREDIT 181124000 MATHER FOUNDATION - LINE OF CREDIT 13069777 OBLIGATION FOR FUTURE SERVICES 2196867 REFUNDABLE ENTRANCE FEE 1043009 DEFERRED ENTRANCE FEES 28928 197462581 X LIABILITY FOR UNCERTAIN TAX POSITIONS FORM 990, SCHEDULE D, PART X, LINE 2 MATHER, MATHER FOUNDATION, MATHER PLACE, MATHER INVESTMENTS, NFP, MATHER POSSIBILITIES AND THE MATHER EVANSTON HAVE RECEIVED FAVORABLE DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE STATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE CONSOLIDATED FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ENTITIES OF MATHER FILE TAX RETURNS IN CERTAIN STATES; HOWEVER, THEY DO NOT FILE IN EVERY STATE. FOR ALL STATES WHERE THE ENTITIES HAVE NOT FILED A STATE RETURN, ALL TAX YEARS REMAIN OPEN. true Mather Investments NFP 1603 Orrington Avenue Evanston IL 60201 364266878 501(c)(3) 3259176 Forgiveness of Debt 1 Procedure for Monitoring Use of Grant Funds Inside U.S. Form 990, Schedule I, Part I, Line 2 Supervision through parent organization's role. X X X X false true false false false false false true false Mary G Leary President & CEO 699380 0 1152178 0 28498 0 315679 0 30428 0 2226163 0 285455 0 Carol Sussenbach CFO & TREASURER 322253 0 218513 0 56684 0 110710 0 21544 0 729704 0 112037 0 Julie Riggs Secretary 129813 0 19709 0 5958 0 11453 0 27356 0 194289 0 0 0 Joseph Zajdel SVP Business Development 280603 0 255769 0 10933 0 124886 0 37856 0 710047 0 97470 0 Mary Sullivan SVP Human Resources 251928 0 159875 0 19465 0 96583 0 29637 0 557488 0 58431 0 Gale Morgan-Johnston SVP Sales 233100 0 191200 0 6226 0 19600 0 38282 0 488408 0 0 0 Christopher Manella SVP Finance 218216 0 100000 0 5455 0 19600 0 38529 0 381800 0 0 0 Brenda P Schreiber SVP MARKETING 219567 0 94500 0 3557 0 19600 0 7585 0 344809 0 0 0 Patrick Barnhart AVP of Devt. Design & Constr. 218443 0 39398 0 3064 0 18049 0 4841 0 283795 0 0 0 Jeff Branch SVP Sr Live & MLIA - THRU 6/19 107478 0 97919 0 18643 0 7235 0 13478 0 244753 0 33894 0 SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FORM 990, Schedule J, Part I, Line 4b MARY G. LEARY , CAROL SUSSENBACH AND MARY SULLIVAN ARE PARTICIPANTS IN MATHER LIFEWAYS' 457(F) PLANS. DISTRIBUTIONS WERE PAID OUT IN 2019 TO MARY G. LEARY OF $5,715, TO CAROL SUSSENBACH OF $14,131 AND TO MARY SULLIVAN OF $3,273. NON-FIXED PAYMENTS FORM 990, SCHEDULE J, PART I, LINE 7 BONUS PROGRAM BASED ON GOAL ACHIEVEMENT AND INCLUDES A DISCRETIONARY PORTION. THE BONUSES ARE INCLUDED IN THE COMPENSATION REVIEW AS DESCRIBED IN SCHEDULE O, UNDER PROCESS FOR DETERMINING COMPENSATION. SIGNIFICANT CHANGES TO GOVERNING DOCUMENTS FORM 990, PART VI, SECTION A, LINE 4 EFFECTIVE JANUARY 1, 2020, THE ORGANIZATION WILL CHANGE ITS NAME FROM MATHER LIFEWAYS TO MATHER. MEMBERS OR STOCKHOLDERS FORM 990, PART VI, LINE 6 MATHER FOUNDATION IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS AND APPROVES MAJOR ACTIONS OF THE ORGANIZATION. MEMBERS OR STOCKHOLDERS WHO MAY ELECT FORM 990, PART VI, LINE 7A MATHER FOUNDATION IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS WHETHER PERIODICALLY, OR AS VACANCIES ARISE, OR OTHERWISE. DECISIONS SUBJECT TO APPROVAL FORM 990, PART VI, LINE 7B MATHER FOUNDATION IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS AND HAS THE RIGHT TO APPROVE OR RATIFY DECISIONS OF THE ORGANIZATION'S GOVERNING BODY. FORM 990 REVIEW PROCESS FORM 990, PART VI, LINE 11B THE FORM 990, INCLUDING SCHEDULES, WAS DISTRIBUTED TO THE MEMBERS OF THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE MET WITH MANAGEMENT AND REVIEWED THE FORM 990. SUBSEQUENTLY, THE FORM 990 WAS DISTRIBUTED TO EACH DIRECTOR. ALL COMMENTS AND QUESTIONS WERE DIRECTED TO THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT FORM 990, PART VI, LINE 12C ANNUALLY ALL BOARD MEMBERS, OFFICERS AND SENIOR STAFF MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS ARE REFERRED TO THE CEO AND PRESIDENT, THE BOARD CHAIR AND CHAIR OF THE GOVERNANCE COMMITTEE, WHO TAKE APPROPRIATE ACTION, INCLUDING DISCUSSING WITH THE FULL BOARD, WHEN NECESSARY. PROCESS FOR DETERMINING COMPENSATION FORM 990, PART VI, LINE 15A AND 15B MATHER LIFEWAYS FOLLOWS PROCEDURES TO ESTABLISH THE "REBUTTABLE" PRESUMPTION OF REASONABLENESS DESCRIBED IN THE INCOME TAX REGULATIONS IN DETERMINING EXECUTIVE COMPENSATION. COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE, WHICH CONSISTS OF INDEPENDENT DIRECTORS WHO OBTAIN AND RELY ON "APPROPRIATE DATA AS TO COMPARABILITY" OF TOTAL PAY PACKAGES PRIOR TO MAKING ITS DETERMINATION. OBJECTIVE EVIDENCE OF REASONABLENESS AND COMPARABILITY IS OBTAINED FROM INFORMATION PROVIDED BY AN INDEPENDENT, THIRD PARTY COMPENSATION CONSULTANT. DETERMINATION OF EXECUTIVE COMPENSATION INVOLVES BENCHMARKING WITH COMPARATIVE MARKET COMPENSATION DATA TO ENSURE THAT COMPENSATION IS FAIR, EQUITABLE, AND WITHIN THE STANDARDS OF COMPENSATION PAID TO SIMILARLY SIZED AND COMPLEX ORGANIZATIONS. COMPENSATION DECISIONS INCLUDE CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION, WITH DECISIONS REVIEWED WITH THE FULL BOARD. HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC FORM 990, PART VI, LINE 19 THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. CAPITAL LEASE FORM 990, PART X FORM 990, PART X IS COMPLETED PER THE AUDITED FINANCIAL STATEMENT PRESENTATION. AS SUCH, THE FOLLOWING CAPITAL LEASE AMOUNTS ARE NOT INCLUDED ON FORM 990, PART X OR SCHEDULE D, PARTS IX AND X. ASSETS LEASE RECEIVABLE $372,246,997 LIABILITIES UNEARNED REVENUE 375,658,404 INTERCOMPANY PAYABLE - THE MATHER 12,738,689 NET ASSETS CURRENT YEAR NET INCOME (3,254,578) ACCUMULATED PRIOR YEAR NET INCOME (12,895,519) OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 9 CHANGES IN FUTURE SERVICE OBLIGATION (118,189) CHANGES IN SPLIT INTEREST AGREEMENTS (18,750) BOOK/TAX DIFFERENCE: CAPITAL LEASE 3,254,578 ------------ TOTAL 3,117,639 Mather L Comm Initiative LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 201276611 Community Ini IL 932996 448939 Mather Life Mather L Inst On Aging LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 201276530 Aging Researc IL 154400 62200 Mather Life Mather Senior Living Comm LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 201276592 Senior Living IL 0 0 Mather Life Hinman-Davis LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 830381451 Senior Living IL 0 0 Mather Life Wilmette Affiliate LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 201276630 Senior Living IL 0 0 Mather Life Mather Foundation 1603 Orrington Ave Suite 1800 Evanston IL 60201 201030638 Parent Entity IL 501(c)(3) 12-TYPE III NA false Mather Place 1603 Orrington Ave Suite 1800 Evanston IL 60201 363776145 Senior Living IL 501(c)(3) 10 Mather Life true Mather Investments NFP 1603 Orrington Ave Suite 1800 Evanston IL 60201 364266878 Senior Living IL 501(c)(3) 10 Mather Life true Mather Possibilities 1603 Orrington Ave Suite 1800 Evanston IL 60201 362856851 Older Adult IL 501(c)(3) 07 Mather Life true The Mather 1603 Orrington Ave Suite 1800 Evanston IL 60201 205860808 Senior Living IL 501(c)(3) 10 Mather Life true true true true true true false false false false false false false false false false false true false false THE MATHER A 3211550 COST THE MATHER A 748746 COST MATHER INVESTMENTS B 3259176 COST MATHER INVESTMENTS C 1726702 COST MATHER PLACE D 37068569 COST MATHER INVESTMENTS D 36146199 COST THE MATHER D 19591947 COST THE MATHER D 1220053 COST MATHER POSSIBILITIES D 582950 COST THE MATHER E 181124000 COST MATHER INVESTMENTS Q 2683248 COST THE MATHER Q 1185349 COST MATHER PLACE Q 992412 COST MATHER POSSIBILITIES Q 74844 COST