Mission
SALEM VILLAGE III, INC. IS A SERVICE CORPORATION ORGANIZED FOR THE PURPOSE OF PROVIDING ELDERLY INDIVIDUALS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR SPECIAL NEEDS AND TO PROMOTE HEALTH, SECURITY, HAPPINESS, AND USEFULNESS.
Public Charity
SALEM VILLAGE III INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS
SALEM VILLAGE III INC C/O LUTHERAN SOCIAL SERVICES OF ILLINOIS is a Public Charity headquartered in DES PLAINES, IL. Financial data from the 2025 filing: $4.4M revenue, $5.2M expenses, $5.7M total assets.
EIN: 363736904
DES PLAINES, IL
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2025
Total Revenue$4.4M
Total Expenses$5.2M
Total Assets$5.7M
Grant Records0
Filing Years2021–2025
Where $100 goes at Salem Village III Inc C/O Lutheran Social Services of Illinois
How Salem Village III Inc C/O Lutheran Social Services of Illinois divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$93
Programs
the work itself
$7
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $93 for programs
$93
Provided housing for the elderly, in a facility with 242 units
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
DIRECTOR
Beth Nelson Chase
DIR OF TREASURY SERVICES
David K Wilds
DIRECTOR
Donald B Erickson
VICE CHAIR
Esther M Macchione
DIRECTOR
Judy K Dalhaus
VP FINANCE/CFO
Lisa Sroga
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.4M | $5.2M | $5.7M |
| 2024 | $4.3M | $5.5M | $6.1M |
| 2023 | $4.7M | $4.7M | $6.2M |
| 2022 | $4.2M | $4.5M | $6.6M |
| 2021 | $4.3M | $4.7M | $6.6M |
Between 2021 and 2025, reported annual revenue grew from $4.3M to $4.4M (+4%), with total assets most recently reported at $5.7M.
Interactive year-over-year charts and full filing details available with membership.