2018-11-13T16:13:30-05:00 2017-12-31 GRANT THORNTON LLP 171 N CLARK ST SUITE 200 CHICAGO IL 60601 990 2017-01-01 364266878 Mather Investments NFP % CAROL SUSSENBACH MATH 8474927500 1603 Orrington Avenue Suite 1800 Evanston IL 60201 MARY G LEARY President & CEO 8474927500 2018-11-13 true Michelle l weber P00556798 3128560200 2018-11-05 209.220.64.52 36941220183175000007 2018-11-13 P CB08D785F62ADE9BABB832FE1B8C2D8F2D70060D 1CA44D99638495255232EDE620415A86C32C85BF 2017 2019-02-21 02:37:17Z Mary G Leary 1603 Orrington Avenue Evanston IL 60201 21402670 false X www.matherlifeways.com X 1998 IL MATHER INVESTMENTS, NFP ENHANCES THE LIVES OF OLDER ADULTS BY CREATING AND OPERATING SENIOR LIVING COMMUNITIES. 4 3 255 16 0 0 0 0 20165052 21401725 -988120 945 0 0 19176932 21402670 1423610 1582227 0 0 7810363 8391124 0 0 0 13357845 13387548 22591818 23360899 -3414886 -1958229 437380 4280710 10764942 16011961 -10327562 -11731251 MATHER INVESTMENTS, NFP ENHANCES THE LIVES OF OLDER ADULTS BY CREATING AND OPERATING A SENIOR LIVING COMMUNITIES. false false 11062344 10277542 MATHER INVESTMENTS, NFP CONTINUES ITS MISSION THROUGH ITS PARTICIPATION IN JOINT VENTURE OPERATIONS. THE JOINT VENTURES OPERATE LIFE PLAN COMMUNITIES. 9784017 1582227 11124183 MATHER INVESTMENTS, NFP FACILITATES THE OWNERSHIP AND OPERATIONS OF A LIFE PLAN COMMUNITY. WE ENHANCE THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. WE ARE DEDICATED TO PROVIDING A CONTINUUM OF LIVING AND CARE. 20846361 true false false false false false false false false false true false false 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 49 0 true 255 true false false false false false false false false false false X 4 3 false false false false true true true true true false false true true true true true true false false true true IL X CAROL SUSSENBACH 8474926760 1603 ORRINGTON AVENUE SUITE 1800 Evanston IL 60201 X Roger E Lumpp II Chairman 0.1 4.6 X 0 0 0 Mary G Leary President & CEO 0.1 60.3 X X 0 1779770 554454 Victoria J Herget Director 0.1 2.1 X 0 0 0 Terence J Toth Director 0.1 2.1 X 0 0 0 Carol Sussenbach CFO & Treasurer 0.1 50.3 X 0 524712 187452 Julie Riggs Secretary 0.1 49.9 X 0 136505 46446 Thomas Rios Executive Director 50.0 0.0 X 208138 0 8384 Elizabeth Ernst Life Center Administrator 50.0 0.0 X 107191 0 15534 Karen Kovacs Director of Sales 50.0 0.0 X 102148 0 27173 Laura Barnett Director of Human Resources 50.0 0.0 X 101232 0 15996 Joan Mayer director of resident services 50.0 0.0 X 100056 0 20511 618765 2440987 875950 5 false true false SOLOMON CORDWELL BUENZ ASSOCIATES 625 N MICHIGAN AVENUE CHICAGO IL 60611 Architect 911070 COOLEY LLP 101 CALIFORNIA STREET 5TH FLOOR SAN FRANCISCO CA 94111 Legal 102720 2 0 J.V. PROGRAM RECEIPTS 623000 10277542 10277542 CONTRACTED SERVICES 623000 8391124 8391124 MANAGEMENT FEE 623000 1150832 1150832 TRANSFER PAYMENT 900099 959027 959027 MARKETING FEE INCOME 541800 623200 623200 21401725 945 945 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 21402670 21401725 945 1582227 1582227 0 0 0 0 0 6455843 5924646 531197 0 1441409 1324754 116655 493872 453235 40637 0 0 28504 28504 0 0 0 0 23070 23070 4604 4604 0 0 0 0 0 0 0 0 0 0 JOINT VENTURE EXPENSES 11062344 11062344 0 0 CORPORATE SERVICES 2268881 499155 1769726 0 LICENSES AND FEES 50 0 50 0 MISCELLANEOUS EXPENSE 95 0 95 0 23360899 20846361 2514538 0 0 0 0 2200239 0 0 207824 690094 0 0 0 0 0 0 0 0 0 0 1390377 0 1390377 0 0 0 0 229556 0 0 0 0 0 437380 4280710 249252 401378 0 0 0 0 0 0 0 0 0 0 0 0 0 0 10515690 15610583 10764942 16011961 X -10327562 -11731251 0 0 0 0 -10327562 -11731251 437380 4280710 X -1958229 554540 X false true X true false X 0 0 0 0 0 0 16619331 18397639 19247613 20165052 21401725 95831360 0 0 0 16619331 18397639 19247613 20165052 21401725 95831360 0 8544301 9269146 9399422 10120076 10910156 48243101 8544301 9269146 9399422 10120076 10910156 48243101 47588259 5277 2635 22 1876 945 10755 0 5277 2635 22 1876 945 10755 0 0 16624608 18400274 19247635 20166928 21402670 95842115 0.49653 0.49732 0.00011 0.00011 X 0 1390377 1390377 1390377 0 MATHER LIFEWAYS - LINE OF CREDIT 14902882 MATHER FOUNDATION - LINE OF CREDIT 707701 15610583 X LIABILITY FOR UNCERTAIN TAX POSITIONS FORM 990, SCHEDULE D, PART X, LINE 2 MATHER LIFEWAYS, MATHER FOUNDATION, MATHER PLACE, MATHER INVESTMENTS, NFP, MATHER POSSIBILITIES AND THE MATHER 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 LIFEWAYS 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 LifeWays 1603 Orrrington Avenue Evanston IL 60201 362233542 501(c)(3) 1582227 0 Mission Driven Prog. 1 PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. FORM 990, SCHEDULE I, PART I, LINE 2 THE REPORTING ORGANIZATION SUPERVISES THE USE OF THE GRANTS THROUGH OVERLAPPING DIRECTORS. true true false false false false false true false Mary G Leary President & CEO 0 658264 0 1097165 0 24341 0 519633 0 34821 0 2334224 0 649927 Carol Sussenbach CFO & Treasurer 0 290910 0 201453 0 32349 0 162027 0 25425 0 712164 0 105939 Julie Riggs Secretary 0 114043 0 17876 0 4586 0 17524 0 28922 0 182951 0 0 Thomas Rios Executive Director 100293 0 23940 0 83905 0 4969 0 3415 0 216522 0 0 0 TOP MANAGEMENT'S COMPENSATION FORM 990, SCHEDULE J, PART I, LINE 3 MATHER INVESTMENTS, NFP'S TOP MANAGEMENT'S COMPENSATION IS ESTABLISHED BY MATHER LIFEWAYS, AS THE COMPENSATION IS PAID BY MATHER LIFEWAYS (A RELATED ORGANIZATION). 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. 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 UTILIZED WITHIN THE INDUSTRY. COMPENSATION DECISIONS ARE DOCUMENTED AND REVIEWED WITH THE FULL BOARD. SEVERANCE PAYMENT FORM 990, SCHEDULE J, PART I, LINE 4A AN INDIVIDUAL LEFT THE ORGANIZATION IN 2017. THE INDIVIDUAL RECEIVED SEVERANCE IN 2017, WHICH IS INCLUDED ON SCHEDULE J, PART II, COLUMN B(III). DUE TO a CONFIDENTIALITY AGREEMENT, NEITHER THE NAME NOR THE AMOUNT WILL BE LISTED. SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN FORM 990, SCHEDULE J, PART I, LINE 4B MARY G. LEARY and CAROL SUSSENBACH ARE PARTICIPANTS IN MATHER LIFEWAYS' 457(F) PLAN. a DISTRIBUTION OF $11,156 was PAID OUT IN 2017 TO CAROL SUSSENBACH. NON-FIXED PAYMENTS FORM 990, SCHEDULE J, PART I, LINE 7 BONUS PROGRAMS BASED ON GOAL ACHIEVEMENT AND INCLUDES A DISCRETIONARY PORTION. MEMBERS OR STOCKHOLDERS FORM 990, PART VI, LINE 6 MATHER LIFEWAYS 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 LIFEWAYS 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 LIFEWAYS IS THE SOLE MEMBER OF THE ORGANIZATION AND IN THIS CAPACITY ELECTS AND REMOVES THE ORGANIZATION'S DIRECTORS AND HAS THE RIGHT TO APPROVE MAJOR 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 MATHER FOUNDATION 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 MATHER INVESTMENTS, NFP RELIED ON MATHER LIFEWAYS TO REVIEW THIS INFORMATION FOR ALL COMPENSATION PAID TO MATHER INVESTMENTS, NFP EMPLOYEES. 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. OTHER CHANGES IN NET ASSETS OR FUND BALANCES FORM 990, PART XI, LINE 9 BOOK/TAX DIFFERENCES: JOINT VENTURES $554,540 Tucson Mather LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 141876356 Holding Corp IL 0 0 Mather Inv Tucson Mather Management LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 141876362 Mgmt Services IL 11124184 690094 Mather Inv Berkeley Mather LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 300837353 Future Devel CA 0 0 Mather Inv MMB CA LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 384010955 Future Devel CA 0 0 Mather Inv McLean Mather LLC 1603 Orrington Ave Suite 1800 Evanston IL 60201 352546490 Future Devel VA 240 3590616 Mather Inv Mather LifeWays 1603 Orrington Ave Suite 1800 Evanston IL 60201 362233542 Older Adult IL 501(c)(3) 12-TYPE II Mather Fdn false Mather Place 1603 Orrington Ave Suite 1800 Evanston IL 60201 363776145 Senior Living IL 501(c)(3) 10 Mather Life false Mather Possibilities 1603 Orrington Ave Suite 1800 Evanston IL 60201 362856851 Older Adult IL 501(c)(3) 07 Mather Life false The Mather 1603 Orrington Ave Suite 1800 Evanston IL 60201 205860808 Senior Living IL 501(c)(3) 10 Mather Life false Mather Foundation 1603 Orrington Ave Suite 1800 Evanston IL 60201 201030638 Parent Entity IL 501(c)(3) 12-TYPE III NA false Tucson Mather Plaza LLC 9401 West Thunderbird Road Suite 2 Peoria AZ 85381 870688726 Senior Living AZ Mather Inv RELATED -777854 39610922 false 0 true 0.50000 TMP II LLC 9401 West Thunderbird Road Suite 2 Peoria AZ 85381 680610065 Real Estate AZ Mather Inv RELATED -6269 0 false 0 true 0.50000 false true false false true false false false false false false true false false false true false true false TUCSON MATHER PLAZA L 11125128 COST TUCSON MATHER PLAZA R 223317 COST