STEANS FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- STEANS FAMILY FOUNDATION (EIN 36-3486843)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-15
- IRS object ID
- 201943199349103634
- Schema version
- 2018v3.1
- 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
- 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 Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2019-11-15T14:00:47-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | 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 NO 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 | 2019-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MICAH L WHEAT | PreparerPersonNm |
| PTIN | P00660920 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2019-11-15 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.59.56.32 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-11-15 | IPDt |
| IP Tm | 13:55:37 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | AE651DF1457EC716E1FCA3042BDBE54C7141D4EE | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $67,285,221 | 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 | $7,692,359 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $376,940 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $376,940 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,302,503 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,302,503 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $23,764,027 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $39,145,220 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $23,764,027 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $253,416 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $259,690 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $33,389,245 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $25,703,160 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $100,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $100,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $1,737,013 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $1,737,013 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $268,401 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $268,401 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $19,537 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $19,537 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,113 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $4,113 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $279,402 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $170,000 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $109,402 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $406,166 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $406,166 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $77,797 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $28,982 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $28,982 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $49,002 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $49,002 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,842,997 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,842,997 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,813,410 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $170,000 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,565,613 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $7,111,692 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $7,111,692 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $11,925,102 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $170,000 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $11,677,305 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $21,464,143 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $25,533,160 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $4,605,597 | CashBOYAmt |
| Cash EOY | $12,082,832 | CashEOYAmt |
| Cash EOYFMV | $12,082,832 | CashEOYFMVAmt |
| Acct Rcvbl | $83,481 | AcctRcvblAmt |
| Acct Rcvbl BOY | $25,453 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $83,481 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $83,481 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $188,778 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $294,300 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $294,300 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $2,426,688 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,856,492 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,613,725 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $21,283,192 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $37,234,122 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $33,657,173 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $3,634,778 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,104,793 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,221,190 | LandBOYAmt |
| Land EOY | $2,529,985 | LandEOYAmt |
| Land EOYFMV | $2,503,782 | LandEOYFMVAmt |
| Other Assets BOY | $53,519 | OtherAssetsBOYAmt |
| Other Assets EOY | $49,928 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $49,928 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $31,804,417 | TotalAssetsBOYAmt |
| Total Assets EOY | $57,131,140 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $67,285,221 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $2,366,026 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $6,027,458 | AccountsPayableEOYAmt |
| Grants Payable BOY | $240,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $385,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $2,606,026 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,412,458 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $29,198,391 | UnrestrictedBOYAmt |
| Unrestricted EOY | $50,718,682 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $29,198,391 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $50,718,682 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,804,417 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $57,131,140 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $29,198,391 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $21,464,143 | ExcessRevenueOverExpensesAmt |
| Other Increases | $56,148 | OtherIncreasesAmt |
| Subtotal | $50,718,682 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $50,718,682 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| FROM PASSTHROUGH K-1S | P | $35,285 | $35,285 | $35,285 | |
| PUBLICLY TRADED STOCKS - LONG TERM | P | $27,034,848 | $23,242,478 | $23,242,478 | $3,792,370 |
| PUBLICLY TRADED STOCKS - LONG TERM | P | $3,933,615 | $597,198 | $597,198 | $3,336,417 |
| GAIN ON INVESTMENT - WAVELAND | P | $4,212 | $4,212 | $4,212 | |
| PUBLICLY TRADED STOCKS - SHORT TERM | P | $89,643 | $89,643 | $89,643 | |
| PUBLICLY TRADED STOCKS - SHORT TERM | P | $8,047,617 | -$204,789 | -$204,789 | $8,252,406 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $23,764,027 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $9,299,057 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $30,015,458 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.309809 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $6,615,873 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $17,561,639 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.376723 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,578,180 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $20,102,350 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.277489 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,535,651 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $20,461,703 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.123922 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,680,094 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $18,505,449 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.144827 | DistributionYr5Rt |
| Total Distribution | 1.232770 | TotalDistributionRt |
| Average Distribution | 0.246554 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $49,115,173 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $12,109,542 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $255,332 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $12,364,874 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $11,677,305 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $510,663 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $510,663 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $510,663 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $506,705 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $60,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $566,705 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $56,042 | OverpaymentAmt |
| Applied To ES Tax | $56,042 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| 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 (10 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 |
|---|---|---|---|---|---|---|---|---|
| HARRISON I STEANS | ||||||||
| 1900 MEADOW LANE | BANNOCKBURN | IL | 60015 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| LOIS STEANS | ||||||||
| 1900 MEADOW LANE | BANNOCKBURN | IL | 60015 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| HEATHER STEANS | ||||||||
| 5348 N LAKEWOOD | CHICAGO | IL | 60640 | TRUSTEE | 30.00 | $0 | $0 | $0 |
| ROBIN STEANS | ||||||||
| 440 W BELDEN | CHICAGO | IL | 60614 | PRESIDENT | 30.00 | $100,000 | $0 | $0 |
| JENNIFER STEANS | ||||||||
| 2324 LINCOLNWOOD | EVANSTON | IL | 60201 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| JIM KASTENHOLZ | ||||||||
| 2324 LINCOLNWOOD | EVANSTON | IL | 60201 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| LEO SMITH | ||||||||
| 5348 N LAKEWOOD | CHICAGO | IL | 60640 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| LENNY GAIL | ||||||||
| 440 W BELDEN | CHICAGO | IL | 60614 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| PATRICIA FORD | ||||||||
| 5849 W RACE AVE | CHICAGO | IL | 60644 | TRUSTEE | 40.00 | $0 | $0 | $0 |
| REGINALD JONES | ||||||||
| 50 E WASHINGTON STREET SUITE 400 | CHICAGO | IL | 60602 | TRUSTEE | 5.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| 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 | $170,000 | 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 | $5,193,411 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $44,565,018 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $5,234,685 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $63,417 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $49,863,120 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $49,863,120 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $747,947 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $49,115,173 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,455,759 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,455,759 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $510,663 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $510,663 | TotalTaxAmt |
| Distributable Before Adj | $1,945,096 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,945,096 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,945,096 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $11,677,305 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $11,677,305 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $11,677,305 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,945,096 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,128,640 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,590,888 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,662,304 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,954,807 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $8,019,378 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $22,356,017 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $11,677,305 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,945,096 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $9,732,209 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $32,088,226 | 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 | $2,128,640 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $29,959,586 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,590,888 | ExcessFromYear4Amt |
| Excess From Year3 | $4,662,304 | ExcessFromYear3Amt |
| Excess From Year2 | $5,954,807 | ExcessFromYear2Amt |
| Excess From Year1 | $8,019,378 | ExcessFromYear1Amt |
| Excess From Current Year | $9,732,209 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 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 | $5,193,411 |
| OTHER GRANTS - SEE ATTACHED LIST | |||||||
| VARIOUS | VARIOUS | IL | 99999 | NONE | PC | GENERAL SUPPORT | $1,118,000 |
| OTHER GRANTS | |||||||
| VARIOUS | VARIOUS | IL | 99999 | NONE | PUBLIC | GENERAL SUPPORT | $800,281 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $7,111,692 | 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 | $376,940 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,302,503 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531390 | BusinessCd |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $23,764,027 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (12 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| VIA K-1: ORDINARY INCOME | $1,211 | 16 | |
| VIA K-1: INTEREST INCOME | 14 | $251,405 | |
| VIA K-1: DIVIDEND INCOME | 14 | $9 | |
| VIA K-1: RENT INCOME | -$7,800 | 14 | |
| VIA K-1: PORTFOLIO DEDUCTIONS | 16 | -$67 | |
| VIA K-1: ORDINARY INCOME | $315 | 16 | |
| VIA K-1: OTHER DEDUCTIONS | 16 | -$43,177 | |
| MISCELLANEOUS INCOME | 16 | $1 | |
| RENT INCOME - MORRISON FOUNDATION | 16 | $33,539 | |
| VIA K-1: CHARITABLE CONTRIBUTIONS | 16 | -$59 | |
| VIA K-1: OTHER INCOME | 16 | $6,175 | |
| ROSE AFFORDABLE - OTHER INCOME | 16 | $11,864 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$6,274 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $25,703,160 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $25,696,886 | 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 (8 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| HARRISON I STEANS | |||||||
| 1 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $3,565,293 | Yes (X) | |
| THOMAS B HUNTER III | |||||||
| 2 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $50,790 | Yes (X) | |
| HARRISON I STEANS | |||||||
| 3 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $2,391,011 | Yes (X) | |
| ROBIN STEANS | |||||||
| 4 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $13,623 | Yes (X) | |
| ROBIN STEANS DAF | |||||||
| 5 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $68,110 | Yes (X) | |
| ROBIN STEANS | |||||||
| 6 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $2,232 | Yes (X) | |
| PHILIP LOUDEN | |||||||
| 7 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $1,300 | Yes (X) | |
| BAUER FOUNDATION | |||||||
| 8 | 50 E WASHINGTON STREET 400 | CHICAGO | IL | 60602 | $1,600,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (6 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 2,000,000 SHS VLY (COST $3,565,293, FMV $25,690,000) | $25,690,000 | 2018-02-26 |
| 2 | 43,000 SHS JPM (COST $50,790, FMV $4,970,585) | $4,970,585 | 2018-03-14 |
| 3 | 1,000,000 SHS VLY (COST $2,391,011, FMV $12,010,000) | $12,010,000 | 2018-08-28 |
| 4 | 8,310 SHS VLY (COST $13,623, FMV $100,177) | $100,177 | 2018-09-04 |
| 5 | 41,547 SHS VLY (COST $68,110, FMV $500,849) | $500,849 | 2018-09-04 |
| 6 | 2,790 SHS FHN (COST $2,232, FMV $40,009) | $40,009 | 2018-12-12 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,113 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,113 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (20 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 | $682,385 | 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 | $76,600 | 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 |
| COMMUNITY FAC - 1642 S. SPAULDING | 2011-01-01 | $140,000 | L | $0 | $0 | ||
| COMMUNITY FAC - 1641 S. CHRISTIANA | 2011-01-01 | $300,000 | L | $0 | $0 | ||
| COMMUNITY FAC - 1643 S. CHRISTIANA | 2011-01-01 | $35,000 | L | $0 | $0 | ||
| COMMUNITY FAC - 1640 S. SPAULDING | 2011-10-19 | $115,000 | L | $0 | $0 | ||
| COMMUNITY FAC - 1638 S. SPAULDING | 2012-06-07 | $44,950 | L | $0 | $0 | ||
| CARD KEY SYSTEM | 2013-03-01 | $5,432 | $2,560 | 200DB | 5.000000000000 | $156 | $0 |
| PHONE SYSTEM | 2013-08-16 | $7,286 | $3,433 | 200DB | 5.000000000000 | $210 | $0 |
| GARLAND OFFICE - IT EQUIPMENT | 2016-06-29 | $10,018 | $2,605 | 200DB | 5.000000000000 | $962 | $0 |
| NORTH CHICAGO BUILD OUT | 2018-07-30 | $21,542 | SL | 39.000000000000 | $253 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (4 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 | 2018-05-07 | $5,000 | SUMMER YOUTH EMPLOYMENT PROGRAM | $5,000 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| NORTH CHICAGO COMMUNITY UNIFIED SCHOOL | ||||||||
| DISTRICT 187 2000 LEWIS AVE | NORTH CHICAGO | IL | 60064 | 2018-05-07 | $64,614 | D187 COSTS ASSOCIATED WITH AVID AND THE K-3 LITERACY INITIATIVES | $64,614 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| DANIEL WEBSTER ELEMENTARY SCHOOL | ||||||||
| 4055 W ARLINGTON ST | CHICAGO | IL | 60624 | 2018-07-09 | $10,000 | THE LEARNING CONTINUES SUMMER PROJECT | $1,000 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
| NORTH CHICAGO COMMUNITY UNIFIED SCHOOL | ||||||||
| DISTRICT 187 2000 LEWIS AVE | NORTH CHICAGO | IL | 60064 | 2018-12-10 | $660,386 | 2018 AND 2019 INITIATIVES | $660,386 | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK OF AMERICA | $1,107,502 | $1,368,259 |
| FIRST HORIZON | $616,563 | $1,984,910 |
| JP MORGAN | $54,268 | $4,392,900 |
| MB FINANCIAL | $687,148 | $2,067,656 |
| VALLEY NATIONAL BANCORP | $2,391,011 | $8,800,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (15 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ASCENDANCE CAP PARTNERS II | AT COST | $564,888 | $573,424 |
| ATLANTIC CREEK RE FUND II | AT COST | $297,302 | $390,851 |
| ATLANTIC CREEK RE FUND III | AT COST | $313,040 | $313,040 |
| BRAUVIN NET LEASE INC - FUND II | AT COST | $1,812,663 | $1,812,663 |
| CHATSWORTH BUS PARK | AT COST | $3,125,276 | $3,000,000 |
| FIC INCOME PARTNERSHIP | AT COST | $115,820 | $6,233 |
| ROSE AFFORDABLE HOUSING PRES IV | AT COST | $321,128 | $296,577 |
| SCHWAB - CASH | AT COST | $214,891 | $214,891 |
| SCHWAB - COST | AT COST | $25,770,171 | $22,350,551 |
| BRAUVIN 18 FUND III | AT COST | $316,250 | $316,250 |
| THE COIL APARTMENTS | AT COST | $1,999,712 | $1,999,712 |
| LARAMAR CIRCLE TOWERS | AT COST | $1,506,246 | $1,506,246 |
| LAKESIDE WORKFORCE HOUSING II | AT COST | $105,323 | $105,323 |
| SAAS CAPITAL QP | AT COST | $376,675 | $376,675 |
| EDP SENIOR PREFERRED EQUITY | AT COST | $394,737 | $394,737 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (16 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| GARLAND OFFICE | $2,672,455 | $750,909 | $1,921,546 |
| 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 | $84,292 | $215,708 |
| 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 | $8,576 | $1,442 |
| NORTH CHICAGO BUILD OUT | $21,542 | $253 | $21,289 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $19,537 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $19,537 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEPOSITS | $12,940 | $0 | $0 |
| TRANSIT CLEARING | $200 | $110 | $110 |
| DUE FROM FIC | $418 | $395 | $395 |
| DUE FROM PHOENIX PACT | $39,052 | $49,279 | $49,279 |
| DUE FROM MASSEY & GAIL | $909 | $144 | $144 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BUSINESS INSURANCE | $19,752 | $0 | $19,752 |
| OFFICE SUPPLIES | $51,886 | $0 | $51,886 |
| ASSESSMENTS | $142,129 | $0 | $142,129 |
| MEMBERSHIP DUES | $8,150 | $0 | $8,150 |
| PROGRAM RELATED EXPENSES | $1,621,080 | $0 | $1,621,080 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| VIA K-1: ORDINARY INCOME | $1,211 | $0 | $1,211 |
| VIA K-1: INTEREST INCOME | $251,405 | $251,405 | $251,405 |
| VIA K-1: DIVIDEND INCOME | $9 | $9 | $9 |
| VIA K-1: RENT INCOME | -$7,800 | $0 | -$7,800 |
| VIA K-1: PORTFOLIO DEDUCTIONS | -$67 | -$67 | -$67 |
| VIA K-1: ORDINARY INCOME | $315 | $0 | $315 |
| VIA K-1: OTHER DEDUCTIONS | -$43,177 | -$43,177 | -$43,177 |
| MISCELLANEOUS INCOME | $1 | $1 | $1 |
| RENT INCOME - MORRISON FOUNDATION | $33,539 | $33,539 | $33,539 |
| VIA K-1: CHARITABLE CONTRIBUTIONS | -$59 | -$59 | -$59 |
| VIA K-1: OTHER INCOME | $6,175 | $6,175 | $6,175 |
| ROSE AFFORDABLE - OTHER INCOME | $11,864 | $11,864 | $11,864 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED INCOME | Desc |
| Amt | $56,148 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL SERVICES | CategoryTxt |
| Amt | $279,402 | Amt |
| Net Investment Income | $170,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $109,402 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $135,197 | $0 | $135,197 |
| EXCISE TAXES | $270,969 | $0 | $270,969 |
Comments