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Illinois · Nonprofit

GREENCASTLE OF PALATINE INC

GREENCASTLE OF PALATINE INC (Illinois) receives grants from 1 organization whose IRS filings report $2,400 to it, the largest being GREATER CHICAGO FOOD DEPOSITORY ($2,400). 1 of them have funded it in more than one year.

Revenue FY2025
$1.1M
Funders on record
1
Grants received
$2k
Net assets
$2.7M
1/1 repeat funderspeak grant-dependency 0%
01What it does

What Greencastle of Palatine Inc does

Mission

Our mission is to provide actively aging adults affordable, welcoming homes in communities that embrace living.

As stated on its FY2025 Form 990.

Program

  1. Greencastle of palatine, inc was organized in 1990, as a not-for-profit corporation, under the laws of the state of illinois, for the purpose of constructing and operating a rental housing project for low-income elderly persons as defined by the national housing act of 1959. Such projects are regulated by u.s. Department of housing and urban development as to rent changes and operating methods. The corporation consists of 75 units located in palatine, illinois.

    $1,025,982 spent$1,099,581 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $1,025,982.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($852k) Expenses 100 ($961k) Net assets 100 ($2.9M)2021 Revenue 102 ($869k) Expenses 96 ($923k) Net assets 98 ($2.8M)2022 Revenue 117 ($1000k) Expenses 108 ($1.0M) Net assets 97 ($2.8M)2023 Revenue 119 ($1.0M) Expenses 112 ($1.1M) Net assets 94 ($2.7M)2024 Revenue 123 ($1.1M) Expenses 111 ($1.1M) Net assets 94 ($2.7M)2025 Revenue 130 ($1.1M) Expenses 117 ($1.1M) Net assets 93 ($2.7M)
202020212022202320242025
Revenue (130)Expenses (117)Net assets (93)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $2.8M to $2.7M (−3%).

$2.9M
$2.9M
$2.8M
$2.7M
$2.8M
$2.7M
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 6 reported years ran a deficit.

−$109k
’20
−$54k
’21
−$38k
’22
−$71k
’23
−$19k
’24
−$14k
’25
0.0
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Wayne Foley

CEO

Board chair

Scott Meyer

Chairman

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2024 and FY2025 filings.

202020212022202320242025
Listed1091291412
Joined·+1+3+1+8+2
No longer listed·20434
03Who funds it

Who funds it, year by year

2019 → 2022: the base held at 1 funder, grant income rose $0 → $2k.

Funder
'19
'21
'22
'24*
'25*
total
funders
1
1
1
1
1

From the IRS filings of GREENCASTLE OF PALATINE INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of GREENCASTLE OF PALATINE INC's grant income comes from Illinois funders.

IL

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like GREENCASTLE OF PALATINE INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

6
board members
83%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Part of a family of 28 related entities

  • Apostles Village · exempt
  • Bayonet Point Area Housing Inc · exempt
  • Bethel Area Housing Inc · exempt
  • Bethel Area Housing South · exempt
  • Embrace Interest LLC · exempt

Screen this organization

A dated, signed PDF of the compliance screen for GREENCASTLE OF PALATINE INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds GREENCASTLE OF PALATINE INC?
GREENCASTLE OF PALATINE INC (Illinois) receives grants from 1 organization whose IRS filings report $2,400 to it, the largest being GREATER CHICAGO FOOD DEPOSITORY ($2,400). 1 of them have funded it in more than one year.
How many funders does GREENCASTLE OF PALATINE INC have?
IRS filings report 1 organization giving $2,400 in grants to GREENCASTLE OF PALATINE INC, 1 of which have funded it in more than one year.
Who is the largest funder of GREENCASTLE OF PALATINE INC?
GREATER CHICAGO FOOD DEPOSITORY is the largest funder on record, with $2,400 in grants. The full list of funders is on this page.
How can an organization like GREENCASTLE OF PALATINE INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Greencastle of Palatine →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing