STEANS FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- STEANS FAMILY FOUNDATION (EIN 36-3486843)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-15
- IRS object ID
- 201723199349103027
- Schema version
- 2016v3.0
- 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 Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-15T14:17:24-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | 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 | 2016-01-01 | 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 | 2017-11-14 | 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 | 2017-11-14 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 67.59.56.30 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-14 | IPDt |
| IP Tm | 14:13:54 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 80012365A77D2A0CE5D1C785190DA5C058E98E9D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $30,594,810 | 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 | $4,734,046 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $57,025 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $57,025 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $751,142 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $751,142 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $10,167,003 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,606,920 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $10,130,330 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $40,565 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $62,346 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $15,749,781 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $11,000,843 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $148,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $148,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $527,540 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $527,540 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $11,578 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $11,578 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $44,801 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $44,801 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,757 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,757 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $205,611 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $150,073 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $55,538 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $1,403 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $0 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $1,403 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $143,792 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $143,792 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $83,104 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $5,485 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $5,485 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $5,804 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,804 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $867,121 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $867,121 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,046,996 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $150,073 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,813,819 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,635,880 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,910,562 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,682,876 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $150,073 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,724,381 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $9,066,905 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,850,770 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $42,017 | CashBOYAmt |
| Cash EOY | $10,048,060 | CashEOYAmt |
| Cash EOYFMV | $10,048,060 | CashEOYFMVAmt |
| Acct Rcvbl | $29,777 | AcctRcvblAmt |
| Acct Rcvbl BOY | $8,781 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $29,777 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $29,777 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $329,910 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $704,820 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $329,910 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $329,910 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $8,693 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $109,734 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $109,734 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $6,361,280 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,611,251 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,243,012 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,645,202 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,765,458 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,485,908 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,248,186 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $948,445 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $3,372,827 | LandBOYAmt |
| Land EOY | $3,299,741 | LandEOYAmt |
| Land EOYFMV | $3,299,741 | LandEOYFMVAmt |
| Other Assets BOY | $14,949 | OtherAssetsBOYAmt |
| Other Assets EOY | $48,668 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $48,668 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $16,158,569 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,242,599 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $30,594,810 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $60,446 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $206,845 | AccountsPayableEOYAmt |
| Grants Payable BOY | $500,682 | GrantsPayableBOYAmt |
| Grants Payable EOY | $195,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $831,022 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $7,430 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,392,150 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $409,275 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $14,766,419 | UnrestrictedBOYAmt |
| Unrestricted EOY | $23,833,324 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $14,766,419 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,833,324 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,158,569 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,242,599 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $14,766,419 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $9,066,905 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $23,833,324 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,833,324 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | SoldSoldDt |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED STOCKS - long term | P | $12,551,762 | $2,706,105 | $9,845,657 | $9,845,657 | |
| FROM PASSTHROUGH K-1S | P | $143,087 | -$143,087 | -$143,087 | ||
| PUBLICLY TRADED STOCKS - short term | P | $5,773 | -$5,773 | -$5,773 | ||
| INVESTMENT IN BRAUVIN NET LEASE, INC | P | $1,180,158 | $746,625 | $433,533 | $433,533 | |
| US AMERIBANCORP | P | $875,000 | $875,000 | $0 | $0 | 2016-06-30 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $10,130,330 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $5,578,180 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $20,102,350 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.277489 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,535,651 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $20,461,703 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.123922 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,680,094 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $18,505,449 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.144827 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $3,802,792 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $15,281,285 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.248853 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,707,589 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $17,531,957 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.154437 | DistributionYr5Rt |
| Total Distribution | 0.949528 | TotalDistributionRt |
| Average Distribution | 0.189906 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $17,561,639 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,335,061 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $108,508 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,443,569 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $6,724,381 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $108,508 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $108,508 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $108,508 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $218,760 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $175,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $393,760 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $285,252 | OverpaymentAmt |
| Applied To ES Tax | $285,252 | 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 |
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 | TRUSTEE | 30.00 | $0 | $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 | EXECUTIVE DIRECTOR | 40.00 | $148,000 | $5,052 | $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 | $150,073 | 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 | $1,395,878 | 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 | $11,902,741 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,746,491 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $4,179,843 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $17,829,075 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $17,829,075 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $267,436 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $17,561,639 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $878,082 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $878,082 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $108,508 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $108,508 | TotalTaxAmt |
| Distributable Before Adj | $769,574 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $769,574 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $769,574 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,724,381 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $6,724,381 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $108,508 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,615,873 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $769,574 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,847,351 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $3,128,004 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,128,640 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,590,888 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,662,304 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $13,357,187 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,724,381 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $769,574 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,954,807 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $19,311,994 | 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 | $1,847,351 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $17,464,643 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,128,004 | ExcessFromYear4Amt |
| Excess From Year3 | $2,128,640 | ExcessFromYear3Amt |
| Excess From Year2 | $1,590,888 | ExcessFromYear2Amt |
| Excess From Year1 | $4,662,304 | ExcessFromYear1Amt |
| Excess From Current Year | $5,954,807 | 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 | PUBLIC | GENERAL SUPPORT | $3,001,509 |
| LEGACY CHARTER SCHOOL | |||||||
| 4217 WEST 18TH STREET | CHICAGO | IL | 60623 | NONE | PUBLIC | GENERAL SUPPORT | $409,553 |
| OTHER GRANTS | |||||||
| VARIOUS | VARIOUS | IL | 99999 | NONE | PC | GENERAL SUPPORT | $1,499,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,910,562 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| NORTH LAWNDALE COLLEGE PREPARATORY CHARTER HIGH SCHOOL | |||||||
| 1615 S CHRISTINA AVE | CHICAGO | IL | 60623 | NONE | PUBLIC | GENERAL SUPPORT | $75,000 |
| NORTH LAWNDALE COLLEGE PREPARATORY CHARTER HIGH SCHOOL - SALARY FUND | |||||||
| 1615 S CHRISTINA AVE | CHICAGO | IL | 60623 | NONE | PUBLIC | GENERAL SUPPORT | $120,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $195,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $57,025 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $751,142 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 531390 | BusinessCd |
| Unrelated Business Taxbl Incm | -$106,414 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $10,167,003 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (6 entries)
| DescDesc | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| via K-1: ordinary inCOme | -$21,781 | 16 | $0 |
| via K-1: other income | 16 | $5 | |
| via K-1: interest income | 14 | $11 | |
| via K-1: dividend income | 14 | $152 | |
| RENT INCOME - MORRISON FOUNDATION | 14 | $63,812 | |
| VIA K-1: PORTFOLIO DEDUCTIONS | 16 | -$1,634 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$128,195 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $11,037,516 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,909,321 | 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 (6 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 | $4,668,674 | Yes (X) | |
| ROBIN STEANS | |||||||
| 2 | 50 e washington street 400 | Chicago | IL | 60602 | $14,075 | Yes (X) | |
| JENNIFER STEANS | |||||||
| 3 | 50 e washington street 400 | Chicago | IL | 60602 | $6,779 | Yes (X) | |
| HEATHER STEANS | |||||||
| 4 | 50 e washington street 400 | Chicago | IL | 60602 | $11,209 | Yes (X) | |
| PHILIP LOUDEN | |||||||
| 5 | 50 e washington street 400 | Chicago | IL | 60602 | $1,350 | Yes (X) | |
| HARRISON I STEANS | |||||||
| 6 | 50 e washington street 400 | chicago | IL | 60602 | $31,959 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 36,000 SHS JPM (COST $50,616, FMV $2,306,000)350,000 SHS MBFI (COST $4,618,058, FMV $15,771,250) | $18,077,250 | 2016-12-12 |
| 2 | 480 SHS JPM (COST $656, FMV $30,000)16,776 SHS FHN (COST $13,419, FMV $337,532) | $367,532 | 2016-12-06 |
| 3 | 4,900 SHS JPM (COST $6,779, FMV $409,016) | $409,016 | 2016-12-12 |
| 4 | 2,122 SHS JPM (COST $4,172, FMV $179,977)8,800 SHS FHN (COST $7,037, FMV $173,316) | $353,293 | 2016-12-19 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | accounting fees | CategoryTxt |
| Amt | $2,757 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,757 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (19 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 | $545,337 | 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 | $61,216 | SL | 39.000000000000 | $7,692 | $0 |
| Furniture and fixtures | 2009-04-28 | $6,458 | $3,085 | 200DB | 7.000000000000 | $144 | $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 | $1,934 | 200DB | 5.000000000000 | $313 | $0 |
| phone system | 2013-08-16 | $7,286 | $2,594 | 200DB | 5.000000000000 | $420 | $0 |
| GARLAND OFFICE - IT EQUIPMENT | 2016-06-29 | $10,018 | 200DB | 5.000000000000 | $6,011 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTH CHICAGO COMMUNITY PARTNERS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 855 Skokie Highway Suite D | AddressLine1Txt |
| City | Lake Bluff | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60044 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2016-12-27 | GrantDt |
| Grant | $60,000 | GrantAmt |
| Purpose Of Grant | Support of North Chicago Community Partners (NCCP) to expand capacity in key areas | PurposeOfGrantTxt |
| Expended By Grantee | $60,000 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE. | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 8/25/2017 - NARRATIVE & FINANCIAL REPORT | DatesOfReportsByGranteeTxt |
| Verification | 2017-08-25 | VerificationDt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (10 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| jp morgan | $32,426 | $1,924,267 |
| DESWELL INDUSTRIES | $629,560 | $140,175 |
| FIRST HORIZON | $614,332 | $2,962,260 |
| BANK OF AMERICA | $1,107,502 | $1,227,213 |
| INTEL CORPORATION | $1,038,985 | $1,523,340 |
| DISCOVER FINANCIAL SERVICES | $393 | $27,827 |
| ibm - cost | $1,876,393 | $1,659,900 |
| cedar hill - cash | $56,654 | $56,654 |
| cedar hill - cost | $935,561 | $998,376 |
| MB FINANCIAL | $1,319,445 | $4,723,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (14 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WAVELAND PARTNERS LP | AT COST | $16,116 | $5,428 |
| FIC INCOME PARTNERSHIP | AT COST | $115,883 | $14,072 |
| lawndale gateway | AT COST | $0 | $0 |
| BRAUVIN NET LEASE INC | AT COST | $0 | $0 |
| USAB - PREFERRED SERIES A | AT COST | $0 | $0 |
| BOULEVARD HEALTHCARE | AT COST | $67,114 | $72,129 |
| EVERGREEN HEALTHCARE | AT COST | $0 | $29,072 |
| BRAUVIN NET LEASE INC - FUND II | AT COST | $861,267 | $861,267 |
| cic bancshares | AT COST | $0 | $0 |
| usab | AT COST | $131,250 | $358,750 |
| atlantic creek re fund ii | AT COST | $804,346 | $0 |
| ascendance cap partners ii | AT COST | $675,395 | $0 |
| FBHS - COST | AT COST | $219 | $51,322 |
| atlantic creek re fund iiI | AT COST | $93,868 | $93,868 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (20 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| GARLAND OFFICE | $2,672,455 | $613,861 | $2,058,594 |
| 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 | $68,908 | $231,092 |
| Furniture and fixtures | $6,458 | $6,458 | $0 |
| software | $2,140 | $2,140 | $0 |
| Computer equipment - server | $3,203 | $3,203 | $0 |
| COMMUNITY FAC - 1642 S. SPAULDING | $140,000 | $0 | $140,000 |
| COMMUNITY FAC - 1641 S. CHRISTIANA | $300,000 | $0 | $300,000 |
| COMMUNITY FAC - 1643 S. CHRISTIANA | $35,000 | $0 | $35,000 |
| COMMUNITY FAC - 1640 S. SPAULDING | $115,000 | $0 | $115,000 |
| communiTY FAC - 1638 s. spaulding | $44,950 | $0 | $44,950 |
| card key system | $5,432 | $4,963 | $469 |
| phone system | $7,286 | $6,657 | $629 |
| GARLAND OFFICE - IT EQUIPMENT | $10,018 | $6,011 | $4,007 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | legal fees | CategoryTxt |
| Legal Fees | $44,801 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $44,801 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (9 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DEPOSITS | $12,940 | $12,940 | $12,940 |
| transit clearing | $227 | -$276 | -$276 |
| prepaid taxes/refund receivable | $819 | $0 | $0 |
| OTHER ASSETS | $380 | $0 | $0 |
| DUE FROM ADVANCE ILLINOIS | $583 | $0 | $0 |
| CLEARING | $0 | -$256 | -$256 |
| DUE FROM FIC | $0 | $355 | $355 |
| DUE FROM PHOENIX PACT | $0 | $35,500 | $35,500 |
| DUE FROM MASSEY & GAIL | $0 | $405 | $405 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (37 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| filing fees | $360 | $0 | $360 |
| training | $5,752 | $0 | $5,752 |
| postage and shipping | $1,110 | $0 | $1,110 |
| business insurance | $21,970 | $0 | $21,970 |
| utilities and telephone | $131 | $0 | $131 |
| office supplies | $17,652 | $0 | $17,652 |
| WEBSITE | $605 | $0 | $605 |
| meals and entertainment | $10,305 | $0 | $10,305 |
| temporary hiring | $2,805 | $0 | $2,805 |
| ASSESSMENTS | $105,014 | $0 | $105,014 |
| SOFTWARE MAINTENANCE - GIFTS PROGRAM | $16,050 | $0 | $16,050 |
| PROGRAM RELATED - LEGAL EXPENSES | $4,550 | $0 | $4,550 |
| DUES AND SUBSCRIPTIONS | $5,563 | $0 | $5,563 |
| proGRAM RELATED - BUSINESS INSURANCE | $1,363 | $0 | $1,363 |
| PROGRAM RELATED - REAL ESTATE TAXES | $17,962 | $0 | $17,962 |
| MISCELLANEOUS | $2,377 | $0 | $2,377 |
| PRoGRAM RELATED - SPECIAL OPS | $7,597 | $0 | $7,597 |
| PROGRAM RELATED - LAND maintenance Fees | $17,410 | $0 | $17,410 |
| PROGRAM RELATED - SPONSORSHIPS | $1,500 | $0 | $1,500 |
| printing | $519 | $0 | $519 |
| COGENT | $1,335 | $0 | $1,335 |
| GLOBALCOM | $3,137 | $0 | $3,137 |
| VERIZON | $1,961 | $0 | $1,961 |
| maintenance & repairs | $2,141 | $0 | $2,141 |
| recognition & gifts | $3,444 | $0 | $3,444 |
| BANK CHARGES | $50 | $0 | $50 |
| BAD DEBT EXPENSE | $314,910 | $0 | $314,910 |
| health insurance | $17,422 | $0 | $17,422 |
| program related - miscellaneous | $250 | $0 | $250 |
| program related - meals & entertainment | $16,951 | $0 | $16,951 |
| program related - north chicago | $108,233 | $0 | $108,233 |
| program related - community stabilization | $56,143 | $0 | $56,143 |
| program related - nonprofit event tickets | $3,118 | $0 | $3,118 |
| program related - college readiness, enroll, comp | $30,328 | $0 | $30,328 |
| program related - nl reads | $34,780 | $0 | $34,780 |
| program related - school based ed | $4,513 | $0 | $4,513 |
| program related - consulting | $27,810 | $0 | $27,810 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| via K-1: ordinary inCOme | -$21,781 | $0 | -$21,781 |
| via K-1: other income | $5 | $5 | $5 |
| via K-1: interest income | $11 | $11 | $11 |
| via K-1: dividend income | $152 | $152 | $152 |
| RENT INCOME - MORRISON FOUNDATION | $63,812 | $63,812 | $63,812 |
| VIA K-1: PORTFOLIO DEDUCTIONS | -$1,634 | -$1,634 | -$1,634 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| UBS LOAN | $831,022 | $0 |
| K-1 - EVERGREEN HEALTHCARE | $0 | $7,430 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| professional services | $55,538 | $0 | $55,538 |
| FINANCIAL ADVISOR FEES | $150,073 | $150,073 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| payroll taxes | $33,205 | $0 | $33,205 |
| excise tax | $110,587 | $0 | $110,587 |
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