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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Prospect Congregate Housing Inc.

Prospect Congregate Housing Inc.

Fiscal year ending 2023. Filed on May 6, 2024.

1414 N Prospect Ave
Milwaukee, Wisconsin 53202

Prospect Congregate Housing Inc. (EIN: 39-1631640), also known as Ovation Chai Point Senior Living, has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2023 IRS Form 990 filing, Prospect Congregate Housing Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 77 total employees. Among the employees shown here, the average compensation is $311,552. The highest compensated employee at Prospect Congregate Housing Inc. is Michael Sattell with fiscal year 2023 compensation of $651,947. Prospect Congregate Housing Inc. changed its name from Prospect Congregate Housing Inc Chai Point Senior Living in 2021.

Revenue, expenses, and employee compensation

Revenue

$4,996,344

Expenses

$7,035,031

Employee compensation

$2,285,233
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Michael Sattell
President
$651,947
$151,197 $453,591 $47,159
Patricia Cohn
Executive Director
$142,508
$122,225 No related comp$20,283
Michael Silverman
President
$140,201
$54,619 $54,619 $30,963
Howard Loeb
Chair
$0

Benchmark Employee Compensation

Non-Employee Board Members

Alan Borsuk
Director
Betsy Reilly
Director
Beverly Gruber
Director
Emmy Ganos
Director
Gary Sobel
Director
Leigh Tabak
Director
Peter Klien
Director
Shantel Bacchus
Director
Suzy Ettinger
Director
Todd Brachman
Director
Yulia Koltun
Director

Contractors

Nexdine Hospitality Group
Dining
$983,512
Vjs Construction Services Inc.
Constuction
$346,144
Allied Universal Security
Security
$180,121
Jf Ahern CO
Sprinkler Fire Protection
$169,598

Mission Statement

PROVIDE HOUSING FOR THE ELDERLY WHO REQUIRE ASSISTANCE.

Revisions to this organization profile

August 22, 2025:
2024 Prospect Congregate Housing Inc. 990 filed
May 6, 2024:
2023 Prospect Congregate Housing Inc. 990 filed
May 2, 2023:
2022 Prospect Congregate Housing Inc. 990 filed

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