Public Charity

CAPITOL LAKES INC

Based in MADISON, WI, CAPITOL LAKES INC operates as a Public Charity. The organization reported $25.1M in revenue, $25.9M in expenses, $44.9M in total assets for fiscal year 2025. Imperigo tracks 12 reported grant relationships connected to this organization totaling approximately $1.9M.

EIN: 391412320 MADISON, WI Supportive Housing for Older Adults NTEE: P75 Latest filing: 2025
Total Revenue$25.1M
Total Expenses$25.9M
Total Assets$44.9M
Grant Records12
Funding Total$1.9M
Filing Years2021–2025

Mission

CAPITOL LAKES IS A PREMIER CONTINUING CARE RETIREMENT COMMUNITY DEDICATED TO ENRICHING LIVES.

Where $100 goes at Capitol Lakes Inc

How Capitol Lakes Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$80 Programs the work itself
$20 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 $80 for programs

$80
Capitol Lakes is a continuing care retirement community, dedicated to enhancing our residents' quality of life in a stimulating, secure environment
All program spending
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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.

Sample Grants Received

2024
RESIDENT ASSISTANCE, DECK EXPANSION, DINING SOUNDPROOFING & POST-ACUTE CARE EDUCATION
$679,941
2024
COMMUNITY SUPPORT
$600,000
2023
RESIDENT ASSISTANCE AND IPACE
$102,674
2022
RESIDENT ASSISTANCE AND IPACE
$109,028
2021
PROGRAM SUPPORT
$67,200

Showing up to 5 of 12 total records — full history available with membership.

Officers & Directors

VICE CHAIR Clay Norrbom
FACILITY SERVICES DIRECTOR Daniel Harvey
DIRECTOR Harry Peterson
SALES DIRECTOR Holly Johnson
HEALTH CENTER ADMINISTRATOR Kristin Vater
HC DIRECTOR NURSING Rebecca Wylesky-Durst

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$1,188,446 10 grants
Education
$679,941 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $25.1M $25.9M $44.9M
2024 $22.8M $25.4M $41.3M
2023 $21.8M $24.5M $41.9M
2022 $33.9M $25.0M $43.5M
2021 $22.1M $22.9M $43.5M

Between 2021 and 2025, reported annual revenue grew from $22.1M to $25.1M (+14%), with total assets most recently reported at $44.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for CAPITOL LAKES INC

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