Fiscal year ending 2020. Filed on September 23, 2021.
6016 N Nina Ave
Chicago, Illinois 60631
Norwood Life Care Foundation- B (EIN: 36-3558526), also known as Norwood Life Care Foundation, has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2020 IRS Form 990 filing, Norwood Life Care Foundation- B, a 501(c)(3) charitable organization, reported compensation for 5 out of 6 total employees. Among the employees shown here, the average compensation is $223,810. The highest compensated employee at Norwood Life Care Foundation- B is Michael Toohey with fiscal year 2020 compensation of $458,869. Norwood Life Care Foundation- B changed its name from Bethesda Foundation in 2018.
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THE PURPOSE OF THE NORWOOD LIFE CARE FOUNDATION IS TO MANAGE FUNDRAISING AND INVESTMENT FOR THE FOLLOWING RELATED NOT FOR PROFIT ORGANIZATIONS: NORWOOD CROSSING ASSOCIATION, NORWOOD SENIORS NETWORK ASSOCIATION, NORWOOD LIFE SOCIETY, NORWEGIAN LUTHERAN BETHESDA HOME ASSOCIATION, AND THE NORWOOD PARK SATELLITE SENIORS CENTER. THESE ORGANIZATIONS PROVIDE SERVICES TO AREA SENIORS IN A LONG TERM CARE FACILITY WITH A TOTAL OF 131 LICENSED BEDS AND 55 ASSISTED LIVING UNITS. IN 2024, 38% OF THE RESIDENTS AT THIS FACILITY RECEIVED FREE OR SUBSIDIZED CARE.
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