COMMUNITY PARTNERS FOR AFFORDABLE HOUSING: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- COMMUNITY PARTNERS FOR AFFORDABLE HOUSING (EIN 36-3086133)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-08-15
- IRS object ID
- 201212289349303546
- Schema version
- 2011v1.2
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-08-15T15:43:31-05:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362658780 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUELLER & CO LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2230 POINT BLVD STE 700 | AddressLine1 |
| City | ELGIN | City |
| State | IL | State |
| ZIP Code | 60123 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363086133 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | LAKE | NameControl |
| Phone | 8472447616 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | P O BOX 321 | AddressLine1 |
| City | GURNEE | City |
| State | IL | State |
| ZIP Code | 60031 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARY ELLEN TAMASY | Name |
| Title | PRESIDENT | Title |
| Phone | 8472447616 | Phone |
| Date Signed | 2012-08-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | ROY GROESBECK | Name |
| PTIN | P01318350 | PTIN |
| Phone | 8478888600 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | MARY ELLEN TAMASY | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 280 BLACKBURN STREET SUITE 301 | AddressLine1 |
| City | GURNEE | City |
| State | IL | State |
| ZIP Code | 60031 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 1895957 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.LCRDCIL.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1978 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORPORATION IS A NOT-FOR-PROFIT CORPORATION WHOSE PURPOSE IS TO PROVIDE AFFORDABLE HOUSING FOR FAMILIES AND INDIVIDUALS PRIMARILY IN LAKE COUNTY, ILLINOIS. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 8 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 7 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2 | TotalNbrEmployees |
| Total Nbr Volunteers | 12 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1542705 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 1475202 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 395112 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 390075 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 258 | InvestmentIncomePriorYear |
| Investment Income Current Year | 7581 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 162401 | OtherRevenuePriorYear |
| Other Revenue Current Year | 15909 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2100476 | TotalRevenuePriorYear |
| Total Revenue Current Year | 1888767 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 154108 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 141584 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 1474723 | OtherExpensePriorYear |
| Other Expenses Current Year | 1307433 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 1628831 | TotalExpensesPriorYear |
| Total Expenses Current Year | 1449017 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 471645 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 439750 | RevenuesLessExpensesCY |
| Total Assets BOY | 9584645 | TotalAssetsBOY |
| Total Assets EOY | 10216614 | TotalAssetsEOY |
| Total Liabilities BOY | 948696 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 1140915 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 8635949 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 9075699 | NetAssetsOrFundBalancesEOY |
| Mission Description | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP IS A NOT-FOR-PROFIT CORPORATION WHOSE PURPOSE IS TO PROVIDE AFFORDABLE HOUSING FOR FAMILIES AND INDIVIDUALS PRIMARILY IN LAKE COUNTY, ILLINOIS. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 774658 | Expense |
| Revenue | 102561 | Revenue |
| Description | DEVELOPMENT OF MULTI-FAMILY RESIDENTIAL REAL ESTATE FOR LOW INCOME INDIVIDUALS UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT IN ACCORDANCE WITH REGULATIONS ISSUED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. PROVIDED LOAN FOR WEATHERIZATION TO LOW INCOME MULTI-FAMILY RESIDENTIAL RENTAL PROPERTY. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 383385 | Expense |
| Revenue | 285743 | Revenue |
| Description | ACQUISITION, RENOVATION, RENTAL AND SALE OF RESIDENTIAL REAL ESTATE FOR LOW INCOME INDIVIDUALS UNDER SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT IN ACCORDANCE WITH REGULATIONS ISSUED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 165149 | Expense |
| Revenue | 1771 | Revenue |
| Description | MANAGEMENT AND RENTAL OF UNITS IN THE MARY PAT MADDEX PLACE WHICH IS A TRANSITIONAL APARTMENT BUILDING FOR RECOVERING MOTHERS REUNITING WITH THEIR CHILDREN. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 1323192 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 1 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 1 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 2 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 8 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 7 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 1 | InvestmentInJointVenture |
| Written Policy Or Procedure | 1 | WrittenPolicyOrProcedure |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARY ELLEN TAMASY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8472447616 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1280 BLACKBURN STREET SUITE 301 | AddressLine1 |
| City | GURNEE | City |
| State | IL | State |
| ZIP Code | 60031 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (9 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| EVE B LEE | ||||||
| PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| SCOTT A STEWART | ||||||
| VICE-PRESIDENT | 1.00 | X | X | 0 | 0 | 0 |
| STEVE BONGARD | ||||||
| TREASURER/SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| JANETT CHOCIANOWSKI | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| REBECCA ESTES | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| TONYA WINTERS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL DORAN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DIANE CORBETT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARY ELLEN TAMASY | ||||||
| EXECUTIVE DIRECTOR | 40.00 | X | 88382 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 88382 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Government Grants | 1445498 | GovernmentGrants |
| All Other Contributions | 29704 | AllOtherContributions |
| Total Contributions | 1475202 | TotalContributions |
Program Service Revenue ProgramServiceRevenue (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome |
|---|---|---|---|
| EXEMPT PURPOSE RENTAL | 531110 | 287514 | 287514 |
| DEVELOPER FEES | 236000 | 102561 | 102561 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 390075 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 168 | TotalRevenueColumn |
| Exclusion | $168 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 14603 | Other |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 7190 | Other |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | 7413 | Other |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 7413 | TotalRevenueColumn |
| Related Or Exempt Function Income | 7413 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 14727 | GrossIncomeFundraisingEvents |
| Fundraising Direct Expenses | 0 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 14727 | TotalRevenueColumn |
| Exclusion | $14,727 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS | Description |
| Business Code | 531310 | BusinessCode |
| Total Revenue Column | 1182 | TotalRevenueColumn |
| Related Or Exempt Function Income | 1182 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 1182 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1888767 | TotalRevenueColumn |
| Related Or Exempt Function Income | 398670 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $14,895 | ExclusionAmount |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141584 | Total |
| Program Services | 54808 | ProgramServices |
| Management And General | 86776 | ManagementAndGeneral |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 35998 | Total |
| Program Services | 17714 | ProgramServices |
| Management And General | 18284 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14857 | Total |
| Program Services | 11127 | ProgramServices |
| Management And General | 3730 | ManagementAndGeneral |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 33068 | Total |
| Program Services | 33068 | ProgramServices |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32978 | Total |
| Program Services | 32778 | ProgramServices |
| Management And General | 200 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 99299 | Total |
| Program Services | 98883 | ProgramServices |
| Management And General | 416 | ManagementAndGeneral |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 20241 | Total |
| Program Services | 16251 | ProgramServices |
| Management And General | 3990 | ManagementAndGeneral |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral |
|---|---|---|---|
| CONTRACT SERVICES | 742177 | 742177 | |
| REAL ESTATE TAXES | 126210 | 115681 | 10529 |
| REPAIRS & MAINTENANCE | 104859 | 102959 | 1900 |
| BAD DEBT EXPENSE | 97096 | 97096 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 650 | Total |
| Program Services | 650 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1449017 | Total |
| Program Services | 1323192 | ProgramServices |
| Management And General | 125825 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 45615 | BOY |
| EOY | 48178 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 117187 | BOY |
| EOY | 44499 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5883 | BOY |
| EOY | 0 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 653 | BOY |
| EOY | 2688 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6440000 | BOY |
| EOY | 6440000 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5287 | BOY |
| EOY | 3998 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 5472318 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1822625 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2136234 | BOY |
| EOY | 3649693 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 833786 | BOY |
| EOY | 27558 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9584645 | BOY |
| EOY | 10216614 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20840 | BOY |
| EOY | 33743 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 953 | BOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 787172 | BOY |
| EOY | 917138 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 23500 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 139731 | BOY |
| EOY | 166534 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 948696 | BOY |
| EOY | 1140915 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2195949 | BOY |
| EOY | 2635699 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6440000 | BOY |
| EOY | 6440000 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8635949 | BOY |
| EOY | 9075699 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9584645 | BOY |
| EOY | 10216614 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | 439750 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 0 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 1 | FederalGrantAuditRequired |
| Federal Grant Audit Performed | 1 | FederalGrantAuditPerformed |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14524 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 676377 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 163875 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1542805 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1489929 | CurrentTaxYear |
| Total | 3887510 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 14524 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 676377 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 163875 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1542805 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1489929 | CurrentTaxYear |
| Total | 3887510 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 3887510 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 98710 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 273390 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 284240 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 278122 | CurrentTaxYearMinus1Year |
| Current Tax Year | 287682 | CurrentTaxYear |
| Total | 1222144 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 5109654 | TotalSupport |
| Public Support Pertcentage170 | 0.76080 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.68000 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 750004 | OtherCostOrOtherBasis |
| Book Value | 750004 | BookValue |
Buildings Buildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 4669777 | OtherCostOrOtherBasis |
| Depreciation | 1805709 | Depreciation |
| Book Value | 2864068 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 33040 | OtherCostOrOtherBasis |
| Depreciation | 5815 | Depreciation |
| Book Value | 27225 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 19497 | OtherCostOrOtherBasis |
| Depreciation | 11101 | Depreciation |
| Book Value | 8396 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 3649693 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| ACCRUED REAL ESTATE TAXES | $139,566 |
| SECURITY DEPOSITS | $26,968 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 166534 | TotalOfAmounts |
| Total Revenue | 1888767 | TotalRevenue |
| Total Expenses | 1449017 | TotalExpenses |
| Excess Or Deficit For Year | 439750 | ExcessOrDeficitForYear |
| Excess Or Deficit Per FS | 439750 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 1888767 | TotRevenueEtcAuditedFinclStmt |
| Revenue Not Rptd F990 | 0 | RevenueNotRptdF990 |
| Revenue Subtotal | 1888767 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 1888767 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 1449017 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 1449017 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 1449017 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP. (LCRDC) HAS BEEN DETERMINED TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR EITHER FEDERAL OR STATE INCOME TAXES. LCRDC HAS ADOPTED ACCOUNTING PRINCIPLES RELATED TO UNCERTAIN TAX POSITIONS AND HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. CURRENTLY, THE 2008, 2009, AND 2010 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE. HOWEVER, THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY ANY OF THESE JURISDICTIONS. BASED ON THE EVALUATION OF LCRDC'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS WOULD BE UPHELD UNDER AN EXAMINATION; THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED FOR THE YEARS ENDED DECEMBER 31, 2011 AND DECEMBER 31, 2010. | Explanation |
Schedule L IRS990ScheduleL
Form990 Schedule L Part IV Form990ScheduleLPartIV
Name Of Interested Person NameOfInterestedPerson
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | STEVE BONGARD | NamePerson |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship | STEVE BONGARD - BOARD MEMBER | Relationship |
| Amount Of Transaction | 812716 | AmountOfTransaction |
| Description Of Transaction | THE INDIVIDUAL WORKS FOR FIRST MIDWEST BANK WHICH HOLDS SEVERAL MORTGAGES FOR LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP. | DescriptionOfTransaction |
| Sharing Of Revenues | 0 | SharingOfRevenues |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (3 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE FORM 990 IS REVIEWED BY THE ORGANIZATION'S ACCOUNTANT. THEN IT IS REVIEWED BY THE EXECUTIVE DIRECTOR WHO THEN REVIEWS IT WITH THE PRESIDENT. A COPY OF THE FORM 990 IS PROVIDED TO ALL BOARD MEMBERS PRIOR TO THE FILING OF THE RETURN. |
| FORM 990, PART VI, SECTION B, LINE 12C | EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS IS REQUIRED TO SIGN STATEMENTS THAT AFFIRM THAT THEY HAVE RECEIVED, READ, UNDERSTAND AND COMPLY WITH THIS POLICY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE AVAILABLE UPON REQUEST. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part I Form990ScheduleRPartI (4 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Total IncomeTotalIncome | EOY AssetsEOYAssets | Business Name Line1DirectControllingEntityName/BusinessNameLine1 |
|---|---|---|---|---|---|---|---|---|---|
| LCRDC - ZION LLC | |||||||||
| 1280 BLACKBURN STREET SUITE 301 | GURNEE | IL | 60031 | 203317234 | SUBSIDIZED LOW INCOME HOUSING | IL | -25 | 491880 | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP |
| LCRDC VERNON HILLS SLF LLC | |||||||||
| 1280 BLACKBURN STREET SUITE 301 | GURNEE | IL | 60031 | 271815147 | SUBSIDIZED LOW INCOME HOUSING | IL | 132500 | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP | |
| LCRDC VERNON HILLS SA LLC | |||||||||
| 1280 BLACKBURN STREET SUITE 301 | GURNEE | IL | 60031 | 271815282 | SUBSIDIZED LOW INCOME HOUSING | IL | 805276 | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP | |
| LCRDC LAKE FOREST LP | |||||||||
| 1280 BLACKBURN STREET SUITE 301 | GURNEE | IL | 60031 | 264549009 | SUBSIDIZED LOW INCOME HOUSING | IL | 194578 | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP | |
Form990 Schedule R Part III Form990ScheduleRPartIII (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Predominant Income TypePredominantIncomeType | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Disproportionate AllocationsDisproportionateAllocations | General Or Managing PartnerGeneralOrManagingPartner | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ZION SENIOR COTTAGES LP | |||||||||||||
| 3330 SKOKIE BOULEVARD SUITE 300 | HIGHLAND PARK | IL | 60035 | 030501495 | SUBSIDIZED LOW INCOME HOUSING | IL | LCRDC-ZION LLC | RELATED | -25 | 491880 | 0 | 1 | 0.00510 |
| NORTH CHICAGO-LCRDC LP | |||||||||||||
| 131 E PARK AVENUE SUITE 101 | LIBERTYVILLE | IL | 60048 | 800138953 | SUBSIDIZED LOW INCOME HOUSING | IL | LCRDC-NORTH CHICAGO LLC | RELATED | -22 | -12765 | 0 | 1 | 0.00920 |
| VERNON HILLS SLF ASSOCIATES LP | |||||||||||||
| 701 LEE STREET SUITE 500 | DES PLAINES | IL | 60016 | 264519543 | SUBSIDIZED LOW INCOME HOUSING | IL | LCRDC VERNON HILLS SLF LLC | RELATED | 132500 | 0 | 1 | 0.00510 | |
| VERNON HILLS SA ASSOCIATES LP | |||||||||||||
| 701 LEE STREET SUITE 500 | DES PLAINES | IL | 60016 | 264519362 | SUBSIDIZED LOW INCOME HOUSING | IL | LCRDC VERNON HILLS SA LLC | RELATED | 805276 | 0 | 1 | 0.00510 | |
| PARK CITY - LCRDC LP | |||||||||||||
| 131 E PARK AVENUE SUITE 101 | LIBERTYVILLE | IL | 60048 | 260693044 | SUBSIDIZED LOW INCOME HOUSING | IL | LCRDC-PARK CITY LLC | RELATED | 0 | 1 | 0.82800 | ||
| LAKE FOREST AH PARTNERS LLC | |||||||||||||
| 1280 BLACKBURN STREET SUITE 301 | GURNEE | IL | 60031 | 271024816 | SUBSIDIZED LOW INCOME HOUSING | IL | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP | RELATED | 0 | 1 | 0.51000 | ||
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LCRDC - NORTH CHICAGO LLC | |||||||||||
| 1280 BLACKBURN STREET SUITE 301 | GURNEE | IL | 60031 | 320156376 | SUBSIDIZED LOW INCOME HOUSING | IL | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP | C | -22 | -12765 | 0.92000 |
| LCRDC - PARK CITY LLC | |||||||||||
| 131 E PARK AVE SUITE 101 | LIBERTYVILLE | IL | 60048 | 260692939 | SUBSIDIZED LOW INCOME HOUSING | IL | LAKE COUNTY RESIDENTIAL DEVELOPMENT CORP | C | 0.90000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 1 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (2 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| VERNON HILLS SLF ASSOC LP | ||
| L | 232162 | FAIR MARKET VALUE |
| PARK CITY-LCRDC LP | ||
| L | 455839 | FAIR MARKET VALUE |
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