Civic Intelligence

35 S Racine Condo Association

EIN 20-1706957 • 501(c)4 • Chicago, IL

Profile

Maintain Common Areas & Bldg Apprearance

35 S Racine AveChicago, IL 60607

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)4 • <$500k nonprofits • Source year 2024

Net Margin

65th percentile

9.8%

Higher net margin than 65% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2024

Asset Growth

73rd percentile

11%

Faster asset growth than 73% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

65th percentile

8.2%

Faster revenue growth than 65% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$107,072

Up $24,593 (+30%) from 2022

Liabilities

Flat

$0

Flat from 2022

Net Assets

Up

$107,072

Up $24,593 (+30%) from 2022

Operations
Liabilities / Revenue61st percentileNet Margin65th percentile

Revenue

Up

$105,105

Up $20,780 (+25%) from 2022

Expenses

Down

$94,756

Down $159,950 (-63%) from 2022

Net Income

Up

$10,349

Up $180,730 (+106%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth73rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2012: $71,425Net Assets 2012: $71,4252012Assets 2013: $85,604Liabilities 2013: $0Net Assets 2013: $85,6042013Assets 2014: $96,796Net Assets 2014: $96,7962014Assets 2015: $78,836Net Assets 2015: $78,8362015Assets 2016: $70,048Net Assets 2016: $70,0482016Assets 2017: $76,616Liabilities 2017: $0Net Assets 2017: $76,6162017Assets 2018: $70,556Liabilities 2018: $0Net Assets 2018: $70,5562018Assets 2019: $75,491Liabilities 2019: $0Net Assets 2019: $75,4912019Assets 2020: $78,738Liabilities 2020: $0Net Assets 2020: $78,7382020Assets 2021: $252,860Liabilities 2021: $0Net Assets 2021: $252,8602021Assets 2022: $82,479Liabilities 2022: $0Net Assets 2022: $82,4792022Assets 2024: $107,072Liabilities 2024: $0Net Assets 2024: $107,0722024

Highlighted filing

2024

Assets$107,072
Liabilities$0
Net Assets$107,072
Open 2024 Filing

Operations Trend

Revenue Growth65th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$200K$0-$200KRevenue 2012: $78,820Expenses 2012: $183,323Net Income 2012: -$104,5032012Revenue 2013: $62,724Expenses 2013: $48,545Net Income 2013: $14,1792013Revenue 2014: $62,240Expenses 2014: $51,048Net Income 2014: $11,1922014Revenue 2015: $67,596Expenses 2015: $85,556Net Income 2015: -$17,9602015Revenue 2016: $66,586Expenses 2016: $75,374Net Income 2016: -$8,7882016Revenue 2017: $67,545Expenses 2017: $60,977Net Income 2017: $6,5682017Revenue 2018: $70,597Expenses 2018: $76,657Net Income 2018: -$6,0602018Revenue 2019: $71,854Expenses 2019: $66,919Net Income 2019: $4,9352019Revenue 2020: $76,730Expenses 2020: $73,483Net Income 2020: $3,2472020Revenue 2021: $296,056Expenses 2021: $121,934Net Income 2021: $174,1222021Revenue 2022: $84,325Expenses 2022: $254,706Net Income 2022: -$170,3812022Revenue 2024: $105,105Expenses 2024: $94,756Net Income 2024: $10,3492024

Highlighted filing

2024

Revenue$105,105
Expenses$94,756
Net Income$10,349
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$107,072
Liabilities
$0
Net assets
$107,072
Revenue
$105,105
Expenses
$94,756
Net income
$10,349
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$0.00$1.07$1.05$0.95$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.84$2.55$1.70
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.53$0.00$2.53$2.96$1.22$1.74
2020Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.77$0.73$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.72$0.67$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.71$0.00$0.71$0.71$0.77$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.00$0.77$0.68$0.61$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.70$0.67$0.75$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.79$0.79$0.68$0.86$0.18
2014Detailed filing. Detailed filing data is available for this year.$0.97$0.97$0.62$0.51$0.11
2013Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.63$0.49$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.71$0.79$1.83$1.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 30, 2025
Return Version
2024v5.2
Gross Receipts
$105,105
Mission and Program Overview

Mission

Condominium association created to maintain common areas and preserve appearance of property

Maintain Common Areas & Bldg Apprearance

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$96,723$107,072▲ $10,349
Rtn Earn Endowment Incm Other Fnds$96,723$107,072▲ $10,349
Total Assets$96,723$107,072▲ $10,349
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$96,723$107,072▲ $10,349
Total Liabilities and Net Assets / Fund Balance$96,723$107,072▲ $10,349
Compensation and Service Providers
Top Officer Pay89th percentile

Board Members and Trustees

NameTitle
Thomas TrumblePresident
Robin ReevesSecretary
Jeff GilkersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$102,043
Program Service Revenue
$0
Investment Income
$3,062
Other Revenue
$0
Change in Net Assets
$10,349
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,756
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$68,686--$68,686
Insurance$16,367--$16,367
Other Expenses$1,074--$1,074
Fees for Services Accounting$325--$325
Total Functional Expenses$94,756$0$0$94,756
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Governing body reviewed form before transmission electronically”

Governing documents etc available to public Part VI line 19

“Governing documents available upon request”

Filing and Contact Details

Filer

Filer Name
35 S Racine Condo Association
EIN
20-1706957
In Care Of
% Jeff Gilkerson
Phone
3123991973
Address
35 S Racine Ave, Chicago, IL 60607

Signing Officer

Name
Jeff Gilkerson
Title
Treasurer
Phone
5709476618
Signed
2025-08-30
Discuss with paid preparer
No

Organization Details

Principal Officer
Thomas Trumble
Formed
2008
Legal Domicile
Il
Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Glg LLC
Address
505 Silhavy Rd Suite 700, Valparaiso, IN 46383
Preparer
Glg LLC
Phone
2195105201
Raw XML Appendix247 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd0false
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IRS990/AnnualDisclosureCoveredPrsnInd0true
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IRS990/BooksInCareOfDetail/PhoneNum03123991973
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt035 S Racine Ave
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060607
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt096723
IRS990/CashNonInterestBearingGrp/EOYAmt0107072
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0102043
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt03062
IRS990/CYOtherExpensesAmt094756
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt010349
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt094756
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0105105
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Maintenance of common areas and appearance of property
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt094756
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt0325
IRS990/FeesForServicesAccountingGrp/TotalAmt0325
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0Thomas Trumble
IRS990/Form990PartVIISectionAGrp/PersonNm1Jeff Gilkerson
IRS990/Form990PartVIISectionAGrp/PersonNm2Robin Reeves
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secretary
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0105105
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt016367
IRS990/InsuranceGrp/TotalAmt016367
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt03062
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt03062
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0102043
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Maintain Common Areas & Bldg Apprearance
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt096723
IRS990/NetAssetsOrFundBalancesEOYAmt0107072
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt068686
IRS990/OccupancyGrp/TotalAmt068686
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Elevator Expenses
IRS990/OtherExpensesGrp/Desc1Miscellaneous
IRS990/OtherExpensesGrp/Desc2Telephones
IRS990/OtherExpensesGrp/ProgramServicesAmt07458
IRS990/OtherExpensesGrp/ProgramServicesAmt1846
IRS990/OtherExpensesGrp/ProgramServicesAmt21074
IRS990/OtherExpensesGrp/TotalAmt07458
IRS990/OtherExpensesGrp/TotalAmt1846
IRS990/OtherExpensesGrp/TotalAmt21074
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Thomas Trumble
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt094232
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02872
IRS990/PYOtherExpensesAmt082860
IRS990/PYRevenuesLessExpensesAmt014244
IRS990/PYTotalExpensesAmt082860
IRS990/PYTotalRevenueAmt097104
IRS990/ReconcilationRevenueExpnssAmt010349
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0105105
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt096723
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0107072
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Governing body reviewed form before transmission electronically
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Governing documents available upon request
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt096723
IRS990/TotalAssetsEOYAmt0107072
IRS990/TotalAssetsGrp/BOYAmt096723
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IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0102043
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IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
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IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalRevenueGrp/ExclusionAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0105105
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
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IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060607
IRS990/VotingMembersGoverningBodyCnt00
IRS990/VotingMembersIndependentCnt00
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum05709476618
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-08-30
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ReturnHeader/Filer/BusinessNameControlTxt035SR
ReturnHeader/Filer/EIN0201706957
ReturnHeader/Filer/InCareOfNm0% Jeff Gilkerson
ReturnHeader/Filer/PhoneNum03123991973
ReturnHeader/Filer/USAddress/AddressLine1Txt035 S Racine Ave
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060607
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464426239
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Valparaiso
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd046383
ReturnHeader/PreparerPersonGrp/PhoneNum02195105201
ReturnHeader/PreparerPersonGrp/PreparationDt02025-08-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GLG LLC
ReturnHeader/ReturnTs02025-08-30T10:16:51-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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