STEANS FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- STEANS FAMILY FOUNDATION (EIN 36-3486843)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202403199349105120
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T15:45:52-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363486843 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEANS FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | STEA | BusinessNameControlTxt |
| Phone | 3124675900 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 E WASHINGTON STREET 400 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER STEANS | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3124675900 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SARAH J MCCOY | PreparerPersonNm |
| PTIN | P01697116 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2024-11-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $507,875,208 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,155,355 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $663,345 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $663,345 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $7,883,590 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $7,883,590 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $9,807,850 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $20,637,533 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $9,807,850 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$280,699 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$312,871 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $19,229,441 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $18,041,914 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $3,031,771 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $3,031,771 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $285,812 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $285,812 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $6,085 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $6,085 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $43,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $43,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $642,399 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $368,926 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $273,473 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $55,662 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $387,504 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $36,744 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $350,760 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $206,820 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $218,165 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $218,165 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $75,368 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $74,368 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,394,834 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,394,834 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,347,420 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $405,670 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $5,678,268 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $25,563,771 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $25,563,771 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $31,911,191 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $405,670 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $31,242,039 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$12,681,750 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $17,636,244 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,464,715 | CashBOYAmt |
| Cash EOY | $1,627,418 | CashEOYAmt |
| Cash EOYFMV | $1,627,418 | CashEOYFMVAmt |
| Acct Rcvbl | $55,491 | AcctRcvblAmt |
| Acct Rcvbl BOY | $4,647 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $55,491 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $55,491 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $39,162 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $203,841 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $203,841 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $211,698,279 | CorporateStockBOYAmt |
| Corporate Stock EOY | $203,724,269 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $261,266,041 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $72,626,508 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $73,111,339 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $74,373,164 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $17,982,568 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,667,061 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,990,704 | LandBOYAmt |
| Land EOY | $16,315,507 | LandEOYAmt |
| Land EOYFMV | $170,110,136 | LandEOYFMVAmt |
| Other Assets BOY | $89,075 | OtherAssetsBOYAmt |
| Other Assets EOY | $239,117 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $239,117 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $292,913,090 | TotalAssetsBOYAmt |
| Total Assets EOY | $295,276,982 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $507,875,208 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,019,067 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $6,333,567 | AccountsPayableEOYAmt |
| Grants Payable BOY | $11,779,482 | GrantsPayableBOYAmt |
| Grants Payable EOY | $15,898,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $2,048,331 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $2,225,143 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $14,846,880 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $24,456,710 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $278,066,210 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $270,820,272 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $278,066,210 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $270,820,272 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $292,913,090 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $295,276,982 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $278,066,210 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$12,681,750 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5,435,812 | OtherIncreasesAmt |
| Subtotal | $270,820,272 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $270,820,272 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED STOCKS - SHORT TERM | P | $1,076,656 | $1,076,656 | $1,076,656 | |
| PUBLICLY TRADED STOCKS - LONG TERM | P | $10,226,295 | $2,804,769 | $2,804,769 | $7,421,526 |
| PUBLICLY TRADED STOCKS - LONG TERM | P | $4,593,417 | $2,188,888 | $2,188,888 | $2,404,529 |
| FROM PASSTHROUGH K-1S | P | $4,741,165 | $4,741,165 | $4,741,165 | |
| WRITE OFF OF INVESTMENTS | P | -$1,003,628 | -$1,003,628 | $1,003,628 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $9,807,850 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $245,144 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $245,144 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $245,144 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $264,073 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $210,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $474,073 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $228,929 | OverpaymentAmt |
| Applied To ES Tax | $228,929 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | STEANSFAMILYFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DAVE GERVASE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3122354521 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 E WASHINGTON STREET SUITE 400 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| HEATHER STEANS | ||||||||
| 50 E WASHINGTON STREET 410 | CHICAGO | IL | 60602 | PRESIDENT | 20.00 | $0 | $0 | $0 |
| ROBIN STEANS | ||||||||
| 50 E WASHINGTON STREET 410 | CHICAGO | IL | 60602 | VICE PRESIDENT/SECRETARY | 5.00 | $0 | $0 | $0 |
| JENNIFER STEANS | ||||||||
| 50 E WASHINGTON STREET 410 | CHICAGO | IL | 60602 | TREASURER | 5.00 | $0 | $0 | $0 |
| JIM KASTENHOLZ | ||||||||
| 50 E WASHINGTON STREET 410 | CHICAGO | IL | 60602 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| LEO SMITH | ||||||||
| 50 E WASHINGTON STREET 410 | CHICAGO | IL | 60602 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| LENNY GAIL | ||||||||
| 50 E WASHINGTON STREET 410 | CHICAGO | IL | 60602 | TRUSTEE | 5.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| PAT FORD | ||||||||
| 50 E WASHINGTON ST STE 400 | CHICAGO | IL | 60602 | EXECUTIVE DIRECTOR | 40.00 | $257,250 | $0 | $0 |
| JONES REGINALD | ||||||||
| 50 E WASHINGTON ST STE 400 | CHICAGO | IL | 60602 | RESEARCH DIRECTOR | 40.00 | $245,000 | $0 | $0 |
| EVAN WESTERFIELD | ||||||||
| 50 E WASHINGTON ST STE 400 | CHICAGO | IL | 60602 | MANAGING DIRECTOR | 40.00 | $215,250 | $0 | $0 |
| YOLANDA KNIGHT | ||||||||
| 50 E WASHINGTON ST STE 400 | CHICAGO | IL | 60602 | MANAGING DIRECTOR | 40.00 | $187,250 | $0 | $0 |
| ALLISON ANGELONI | ||||||||
| 50 E WASHINGTON ST STE 400 | CHICAGO | IL | 60602 | DIRECTOR OF POLICY | 40.00 | $168,000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FINANCIAL INVESTMENT CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 E WASHINGTON ST SUITE 400 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULTING FEES | ServiceTypeTxt |
| Compensation | $210,000 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | GRANT MAKING AND PROGRAMS INTENDED TO REVITALIZE THE NORTH LAWNDALE NEIGHBORHOOD ON CHICAGO'S WEST SIDE | Description1Txt |
| Expenses1 | $13,795,064 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| All Other Program Rltd Invst Tot | $5,435,812 | AllOtherProgramRltdInvstTotAmt |
| Total | $5,435,812 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $342,425,376 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,797,391 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $120,013 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $345,342,780 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $345,342,780 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,180,142 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $340,162,638 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $17,008,132 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $17,008,132 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $245,144 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $245,144 | TotalTaxAmt |
| Distributable Before Adj | $16,762,988 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $16,762,988 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $16,762,988 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $31,242,039 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $5,435,812 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $36,677,851 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $16,762,988 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $9,732,209 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $8,978,780 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,587,297 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $849,230 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,876,576 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $28,024,092 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $36,677,851 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $16,762,988 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $19,914,863 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $47,938,955 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $9,732,209 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $38,206,746 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $8,978,780 | ExcessFromYear4Amt |
| Excess From Year3 | $2,587,297 | ExcessFromYear3Amt |
| Excess From Year2 | $849,230 | ExcessFromYear2Amt |
| Excess From Year1 | $5,876,576 | ExcessFromYear1Amt |
| Excess From Current Year | $19,914,863 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| GRANTS- SEE ATTACHED LIST | |||||||
| VARIOUS | VARIOUS | IL | 99999 | NONE | PC | GENERAL SUPPORT | $19,230,876 |
| OTHER GRANTS | |||||||
| VARIOUS | VARIOUS | IL | 99999 | NONE | PUBLIC | GENERAL SUPPORT | $6,332,895 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $25,563,771 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $663,345 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,883,590 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $9,807,850 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (10 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| VIA K-1: ORDINARY INCOME | $860,678 | 16 | $109,165 |
| VIA K-1: INTEREST INCOME | $338 | 14 | $522,107 |
| VIA K-1: DIVIDEND INCOME | $0 | 14 | $137,031 |
| VIA K-1: RENT INCOME | -$828,844 | 14 | -$16,035 |
| VIA K-1: PORTFOLIO DEDUCTIONS | 16 | -$977,034 | |
| VIA K-1: OTHER DEDUCTIONS | 16 | -$339,677 | |
| VIA K-1: OTHER INCOME | 16 | $130,332 | |
| VIA K-1: FOREIGN TAX | 16 | -$3,847 | |
| VIA K-1: ROYALTY INCOME | 15 | $200 | |
| MISCELLANEOUS INCOME | 14 | $124,887 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $32,172 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $18,041,914 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $18,074,086 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| JENNIFER STEANS DAF | |||||||
| 1 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $659,098 | Yes (X) | |
| ROBIN M STEANS - DAF | |||||||
| 2 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $419,663 | Yes (X) | |
| HEATHER A STEANS DAF | |||||||
| 3 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $75,294 | Yes (X) | |
| PHILIP LOUDEN | |||||||
| 4 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $1,300 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 70,000 SHARES FITB | $1,875,300 | 2023-08-14 |
| 2 | 49,025 SHARES VLY & 37,010 SHARES FITB | $1,006,302 | 2023-11-27 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING SERVICES | CategoryTxt |
| Amt | $43,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $43,000 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp (7 entries)
| DescDesc | AmtAmt |
|---|---|
| NATIONAL POST SECONDARY STRATEGY | $125,000 |
| PURPOSE WORKFORCE SOLUTIONS | $1,100,000 |
| LAWNDALE CHRISTIAN DEVELOPMENT | $64,443 |
| RECLAIMING CHICAGO NFP | $2,500,000 |
| METROPOLITAIN FAMILY SERVICES | $300,000 |
| SOULE | $96,369 |
| KIRBI COFFEE LOAN | $1,250,000 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (23 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| GARLAND OFFICE | 2008-01-01 | $2,672,455 | $1,025,005 | SL | 39.000000000000 | $68,524 | $0 |
| GARLAND OFFICE - FURNITURE AND FIXTURES | 2008-01-01 | $186,391 | $186,391 | 200DB | 7.000000000000 | $0 | $0 |
| GARLAND OFFICE - IT EQUIPMENT | 2008-01-01 | $49,853 | $49,853 | 200DB | 5.000000000000 | $0 | $0 |
| COMMUNITY FAC - 1606 CHRISTIANA | 2007-10-30 | $30,000 | L | $0 | $0 | ||
| RL ACQUISITIONS - 4338-46 W. 18TH ST | 2007-11-15 | $130,000 | L | $0 | $0 | ||
| RL ACQUISITIONS - 1626 S. CHRISTIANA | 2008-01-24 | $35,000 | L | $0 | $0 | ||
| RL ACQUISITIONS - 4343 W. 18TH ST | 2008-01-16 | $85,000 | L | $0 | $0 | ||
| COMMUNITY FAC - 1600-02 CHRISTIANA | 2008-10-08 | $90,000 | L | $0 | $0 | ||
| PARKING SPACES - HERITAGE | 2008-01-01 | $300,000 | $115,060 | SL | 39.000000000000 | $7,692 | $0 |
| FURNITURE AND FIXTURES | 2009-04-28 | $6,458 | $3,229 | 200DB | 7.000000000000 | $0 | $0 |
| COMPUTER EQUIPMENT - SERVER | 2009-04-03 | $3,203 | $1,601 | 200DB | 5.000000000000 | $0 | $0 |
| CARD KEY SYSTEM | 2013-03-01 | $5,432 | $2,716 | 200DB | 5.000000000000 | $0 | $0 |
| PHONE SYSTEM | 2013-08-16 | $7,286 | $3,643 | 200DB | 5.000000000000 | $0 | $0 |
| GARLAND OFFICE - IT EQUIPMENT | 2016-06-29 | $10,018 | $5,009 | 200DB | 5.000000000000 | $0 | $0 |
| NORTH CHICAGO BUILD OUT | 2018-07-30 | $21,542 | $2,461 | SL | 39.000000000000 | $552 | $0 |
| NORTH CHICAGO BUILD OUT | 2019-07-30 | $297,152 | $26,349 | SL | 39.000000000000 | $7,619 | $0 |
| NORTH CHICAGO BUILD OUT | 2020-09-30 | $23,985 | $1,409 | SL | 39.000000000000 | $615 | $0 |
| RL ACQUISITIONS - 3917 W ROOSEVELT | 2021-08-09 | $240,000 | L | $0 | $0 | ||
| RL ACQUISITIONS - 3932 W ROOSEVELT | 2021-08-09 | $312,800 | L | $0 | $0 | ||
| RL ACQUISITIONS - 3935 W ROOSEVELT | 2021-08-09 | $240,000 | L | $0 | $0 | ||
| RL ACQUISITIONS - 1600 S. KEDZIE | 2021-08-19 | $348,000 | L | $0 | $0 | ||
| NORTH CHICAGO EQUIPMENT | 2022-08-26 | $4,230 | 200DB | 5.000000000000 | $0 | $0 | |
| 4100 W FILLMORE ST | 2022-11-03 | $3,350,000 | $15,227 | SL | 27.500000000000 | $121,818 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (6 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt |
|---|---|---|---|---|---|---|---|---|
| CITY OF NORTH CHICAGO | ||||||||
| 1850 LEWIS AVE | NORTH CHICAGO | IL | 60064 | 2023-12-20 | $90,000 | SUMMER OPPORTUNITIES PROGRAM | $90,000 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| NORTH CHICAGO COMMUNITY UNIFIED SCHOOL DISTRICT 187 | ||||||||
| DISTRICT 187 2000 LEWIS AVE | NORTH CHICAGO | IL | 60064 | 2023-05-31 | $15,000 | TO IMPLEMENT ADDITIONAL ACEDEMIC SUPPORTS NEEDED TO ADDRESS THE IMPACTS ASSOCIATED WITH THE PANDEMIC | $15,000 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| NORTH CHICAGO COMMUNITY UNIFIED SCHOOL DISTRICT 187 | ||||||||
| DISTRICT 187 2000 LEWIS AVE | NORTH CHICAGO | IL | 60064 | 2023-08-07 | $30,000 | TEACHER RESIDENCY PROGRAM | $30,000 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| LAKE COUNTY HEALTH DEPARTMENT AND COMMUNITY HEALTH CENTER | ||||||||
| 3010 GRAND AVE | WAUKEGAN | IL | 60085 | 2023-10-18 | $50,000 | COORDINATED INTAKE FOR HOME VISITING IN LAKE COUNTY FYS 2023-2025 | $50,000 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| NORTH CHICAGO COMMUNITY UNIFIED SCHOOL DISTRICT 187 | ||||||||
| DISTRICT 187 2000 LEWIS AVE | NORTH CHICAGO | IL | 60064 | 2023-12-20 | $46,500 | PEER MENTORING SY2023 | $46,500 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| NORTH CHICAGO COMMUNITY UNIFIED SCHOOL DISTRICT 187 | ||||||||
| DISTRICT 187 2000 LEWIS AVE | NORTH CHICAGO | IL | 60064 | 2023-12-20 | $91,000 | ON-TRACK INITIATIVE AT NCCHS SY23-SY24 | $91,000 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (44 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $997,750 | $1,427,270 |
| ABBVIE | $291,738 | $559,817 |
| AMAZON | $1,010,003 | $554,400 |
| AMC NETWORKS INC | $870,100 | $219,380 |
| APPLE | $1,451,604 | $2,598,600 |
| BANK OF AMERICA | $3,546,487 | $4,596,592 |
| BANK OF MONTREAL | $3,807,250 | $4,530,000 |
| BERKSHIRE HATHAWAY INC | $2,065,785 | $3,280,977 |
| DARDEN RESTAURANTS | $1,023,184 | $1,659,960 |
| EXCHANGE BANK | $2,437,724 | $1,653,629 |
| FIFTH THIRD BANCORP | $3,391,843 | $5,431,853 |
| FIRST HORIZON | $199,992 | $4,486,391 |
| FORD MOTOR CO. | $883,000 | $1,163,000 |
| GEHC | $178,838 | $178,838 |
| GENERAL ELECTRIC CO. | $678,344 | $659,044 |
| GILEAD SCIENCES INC. | $1,718,854 | $2,265,440 |
| $2,878,355 | $3,726,660 | |
| HANESBRAND, INC | $946,000 | $318,000 |
| HAWAIIAN ELECTRIC | $0 | $29,920 |
| ILLINOIS TOOL WORKS | $434,670 | $660,900 |
| INTERNATIONAL BUSINESS MACHINES | $2,197,495 | $2,308,342 |
| ISHARES NASDAQ BIOTECHNOLOGY ETF | $1,386,087 | $1,614,867 |
| JOHNSON & JOHNSON | $737,150 | $883,250 |
| JP MORGAN | $103,868,030 | $133,352,061 |
| KELLOGG | $953,835 | $1,078,220 |
| KLG | $61,620 | $61,620 |
| KYNDRYL HOLDINGS INC | $95,914 | $36,430 |
| LIBERTY OILFIELD SERVICES | $20,414 | $2,336,373 |
| MCDONALDS | $1,355,178 | $1,844,710 |
| MICROSOFT CORPORATION | $2,300,203 | $4,916,310 |
| PAR PACIFIC HOLDINGS INC. | $0 | $277,425 |
| PFIZER | $714,609 | $973,560 |
| ROYAL DUTCH SHELL PLC - CLASS A | $502,280 | $455,600 |
| SCHWAB - CASH | $167,374 | $167,374 |
| SCHWAB - COST | $34,743,283 | $33,955,258 |
| SCHWAB - MMX7681 | $910,797 | $910,797 |
| SMRT | $49,257 | $72,883 |
| SOUTHERN CO | $1,338,221 | $1,642,430 |
| SOUTHSTATE CORP | $454,226 | $398,676 |
| SUPERIOR UNIFORM GROUP, INC. | $355,700 | $510,200 |
| SYSCO | $1,045,192 | $1,299,650 |
| UNITED PARCEL SERVICE | $1,168,493 | $1,825,320 |
| VALLEY NATIONAL BANCORP | $19,351,890 | $29,556,014 |
| VERIZON COMMUNICATIONS, INC. | $1,135,500 | $788,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (52 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 94V CO-INVEST | AT COST | $213,117 | $280,519 |
| ATLANTIC CREEK RE FUND III | AT COST | $91,670 | $66,688 |
| BRAUVIN 18 FUND III | AT COST | $5,800,000 | $5,800,000 |
| CAGP V | AT COST | $30,871 | $1,725,849 |
| CAST | AT COST | $1,124,972 | $830,374 |
| CEP II - CAGP V | AT COST | $972,968 | $2,185,563 |
| CIRCLE TOWER | AT COST | $2,056,901 | $1,817,961 |
| CMT DIGITAL | AT COST | $450,846 | $478,558 |
| COASTAL RE | AT COST | $332,283 | $394,385 |
| CONCENTRIC EQUITY PARTNERS | AT COST | $2,830,733 | $0 |
| CRESCENT POINT | AT COST | $116,511 | $174,438 |
| CURLMIX INC | AT COST | $3,000,000 | $3,000,000 |
| FIC INCOME PARTNERSHIP | AT COST | $124,220 | $164 |
| FRONTIER | AT COST | $875,872 | $2,262,842 |
| GRAND CROSSING | AT COST | $354,271 | $536,808 |
| GRAY MATTER | AT COST | $1,000,000 | $1,000,000 |
| HEARD | AT COST | $4,747,270 | $3,856,987 |
| HUNTING POINT | AT COST | $151,773 | $174,781 |
| IMPACT II | AT COST | $1,015,388 | $1,088,504 |
| KINZIE CAPITAL | AT COST | $187,437 | $243,587 |
| KIRBIE CAPITAL | AT COST | $750,000 | $750,000 |
| KIRBIE CAPITAL- LOAN | AT COST | $1,250,000 | $1,250,000 |
| LAKESIDE I | AT COST | $2,350,778 | $0 |
| LAKESIDE WORKFORCE HOUSING II | AT COST | $3,352,811 | $5,411,367 |
| LARAMAR JV | AT COST | $392,329 | $242,536 |
| LARAMAR MAUI | AT COST | $2,544,726 | $2,508,973 |
| LARAMAR MFVF III | AT COST | $2,958,686 | $3,167,782 |
| LARAMAR MOB | AT COST | $8,122,295 | $7,870,038 |
| LARAMAR/HARTFORD | AT COST | $2,686,073 | $2,976,912 |
| LARIO | AT COST | $3,788,741 | $3,788,741 |
| LAWNDALE CHRISTIAN DEVELOPMENT | AT COST | $64,443 | $64,443 |
| LIBERTY | AT COST | $441,508 | $58,873 |
| MANGROVE II | AT COST | $638,761 | $469,518 |
| MANGROVE III | AT COST | $1,041,298 | $1,268,829 |
| METROPOLITAN FAMILY SERVICES | AT COST | $300,000 | $300,000 |
| NATIONAL POST SECONDARY STRATEGY | AT COST | $125,000 | $125,000 |
| NB CO-INVEST | AT COST | $66,241 | $681,414 |
| NINE FOUR VENTURES | AT COST | $677,343 | $807,024 |
| PRAIRIE CAPITAL V | AT COST | $1,217,422 | $418,069 |
| PRAIRIE CAPITAL VI | AT COST | $1,342,740 | $2,347,815 |
| PRAIRIE CAPITAL VII | AT COST | $1,590,092 | $1,967,294 |
| PROMUS | AT COST | $265,204 | $203,576 |
| PURPOSE WORKFORCE SOLUTIONS | AT COST | $1,100,000 | $1,100,000 |
| RECAST | AT COST | $1,065,878 | $1,247,934 |
| RECLAIMING CHICAGO, NFP | AT COST | $2,500,000 | $2,500,000 |
| RED ARTS | AT COST | $253,336 | $819,312 |
| ROSE AFFORDABLE HOUSING PRES IV | AT COST | $377,813 | $483,350 |
| SAAS CAPITAL QP | AT COST | $2,072,490 | $1,764,963 |
| SAAS IV | AT COST | $2,217,096 | $2,217,096 |
| SOULE | AT COST | $96,369 | $96,369 |
| WAUD CAPITAL | AT COST | $18,121 | $0 |
| WOLD | AT COST | $1,966,642 | $1,547,928 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (24 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| GARLAND OFFICE | $2,672,455 | $1,093,529 | $1,578,926 |
| GARLAND OFFICE - FURNITURE AND FIXTURES | $186,391 | $186,391 | $0 |
| GARLAND OFFICE - IT EQUIPMENT | $49,853 | $49,853 | $0 |
| COMMUNITY FAC - 1606 CHRISTIANA | $30,000 | $0 | $30,000 |
| RL ACQUISITIONS - 4338-46 W. 18TH ST | $130,000 | $0 | $130,000 |
| RL ACQUISITIONS - 1626 S. CHRISTIANA | $35,000 | $0 | $35,000 |
| RL ACQUISITIONS - 4343 W. 18TH ST | $85,000 | $0 | $85,000 |
| COMMUNITY FAC - 1600-02 CHRISTIANA | $90,000 | $0 | $90,000 |
| PARKING SPACES - HERITAGE | $300,000 | $122,752 | $177,248 |
| FURNITURE AND FIXTURES | $6,458 | $6,458 | $0 |
| SOFTWARE | $2,140 | $2,140 | $0 |
| COMPUTER EQUIPMENT - SERVER | $3,203 | $3,203 | $0 |
| CARD KEY SYSTEM | $5,432 | $5,432 | $0 |
| PHONE SYSTEM | $7,286 | $7,286 | $0 |
| GARLAND OFFICE - IT EQUIPMENT | $10,018 | $10,018 | $0 |
| NORTH CHICAGO BUILD OUT | $21,542 | $3,013 | $18,529 |
| NORTH CHICAGO BUILD OUT | $297,152 | $33,968 | $263,184 |
| NORTH CHICAGO BUILD OUT | $23,985 | $2,024 | $21,961 |
| RL ACQUISITIONS - 3917 W ROOSEVELT | $240,000 | $0 | $240,000 |
| RL ACQUISITIONS - 3932 W ROOSEVELT | $312,800 | $0 | $312,800 |
| RL ACQUISITIONS - 3935 W ROOSEVELT | $240,000 | $0 | $240,000 |
| RL ACQUISITIONS - 1600 S. KEDZIE | $348,000 | $0 | $348,000 |
| NORTH CHICAGO EQUIPMENT | $4,230 | $4,230 | $0 |
| 4100 W FILLMORE ST | $3,350,000 | $137,045 | $3,212,955 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $6,085 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,085 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TRANSIT CLEARING | -$80 | -$38 | -$38 |
| DUE FROM FIC | $1,210 | $1,010 | $1,010 |
| NOTE RECEIVABLES - CURL MIX | $87,945 | $237,945 | $237,945 |
| DUE FROM MASSEY & GAIL | $200 | $200 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BUSINESS INSURANCE | $39,077 | $0 | $39,077 |
| OFFICE SUPPLIES | $96,868 | $0 | $96,868 |
| PROGRAM RELATED EXPENSES | $1,258,889 | $0 | $1,258,889 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| VIA K-1: ORDINARY INCOME | $969,843 | $109,165 | $969,843 |
| VIA K-1: INTEREST INCOME | $522,445 | $522,107 | $522,445 |
| VIA K-1: DIVIDEND INCOME | $137,031 | $137,031 | $137,031 |
| VIA K-1: RENT INCOME | -$844,879 | -$16,035 | -$844,879 |
| VIA K-1: PORTFOLIO DEDUCTIONS | -$977,034 | -$977,034 | -$977,034 |
| VIA K-1: OTHER DEDUCTIONS | -$339,677 | -$339,677 | -$339,677 |
| VIA K-1: OTHER INCOME | $130,332 | $130,332 | $130,332 |
| VIA K-1: FOREIGN TAX | -$3,847 | -$3,847 | -$3,847 |
| VIA K-1: ROYALTY INCOME | $200 | $200 | $200 |
| MISCELLANEOUS INCOME | $124,887 | $124,887 | $124,887 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PROGRAM RELATED INVESTMENTS | Desc |
| Amt | $5,435,812 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (7 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| INVESTMENT IN ASCENDANCE CAP PARTNERS II | $554,284 | $554,284 |
| INVESTMENT IN CAGP III | $200,546 | $200,546 |
| INVESTMENT IN CAGP IV | $1,237,351 | $1,231,210 |
| INVESTMENT | $56,150 | $83,031 |
| INVESTMENT IN ATLANTIC CREEK | $0 | $10,890 |
| INVESTMENT CARLYLE REALTY IV | $0 | $73,210 |
| INVESTMENT IN DOUBLE G | $0 | $71,972 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $373 | $0 | $373 |
| PROFESSIONAL SERVICES | $642,026 | $368,926 | $273,100 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $194,981 | $0 | $194,981 |
| EXCISE TAXES | $146,497 | $0 | $146,497 |
| FOREIGN TAX WITHHELD | $36,744 | $36,744 | $0 |
| REAL ESTATE TAXES | $9,282 | $0 | $9,282 |
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