Civic Intelligence

Will County Housing Development Corporation Nfp

990 • Fiscal year 2022 • EIN 20-4503754

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 22, 2022

Organization ProfileN/A
6 South Broadway StreetJoliet, IL 60436

(815) 727-0611

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.21x

Higher debt load relative to assets than 61% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

91st percentile

2.24x

Higher debt load relative to revenue than 91% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

15th percentile

-16%

Higher net margin than 15% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2022

Asset Growth

18th percentile

-10%

Faster asset growth than 18% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-62%

Faster revenue growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets61st percentile

Assets

Down

$7,371,343

Down $864,099 (-10%) from 2021

Net Assets

Down

$5,840,443

Down $420,307 (-6.7%) from 2021

Liabilities

Down

$1,530,900

Down $443,792 (-22%) from 2021

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin15th percentile

Revenue

Down

$683,910

Down $1,104,256 (-62%) from 2021

Expenses

Up

$793,362

Up $115,394 (+17%) from 2021

Net Income

Down

-$109,452

Down $1,219,650 (-110%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$20M$15M$10M$5.0M$0Assets 2010: $3,158,568Liabilities 2010: $1,280,844Net Assets 2010: $1,877,7242010Assets 2011: $3,713,460Liabilities 2011: $1,322,301Net Assets 2011: $2,391,1592011Assets 2012: $6,326,491Liabilities 2012: $3,358,445Net Assets 2012: $2,968,0462012Assets 2013: $6,131,288Liabilities 2013: $3,313,496Net Assets 2013: $2,817,7922013Assets 2014: $6,095,391Liabilities 2014: $3,325,780Net Assets 2014: $2,769,6112014Assets 2015: $6,500,317Liabilities 2015: $3,467,349Net Assets 2015: $3,032,9682015Assets 2016: $6,407,542Liabilities 2016: $3,405,922Net Assets 2016: $3,001,6202016Assets 2017: $7,204,084Liabilities 2017: $4,192,932Net Assets 2017: $3,011,1522017Assets 2018: $7,289,957Liabilities 2018: $4,275,908Net Assets 2018: $3,014,0492018Assets 2019: $7,620,462Liabilities 2019: $4,360,512Net Assets 2019: $3,259,9502019Assets 2020: $8,964,119Liabilities 2020: $5,498,123Net Assets 2020: $3,465,9962020Assets 2021: $8,235,442Liabilities 2021: $1,974,692Net Assets 2021: $6,260,7502021Assets 2022: $7,371,343Liabilities 2022: $1,530,900Net Assets 2022: $5,840,4432022Assets 2022: $16,090,496Liabilities 2022: $2,702,227Net Assets 2022: $13,388,2692022Assets 2023: $16,445,067Liabilities 2023: $2,585,072Net Assets 2023: $13,859,9952023Assets 2024: $18,750,360Liabilities 2024: $2,869,856Net Assets 2024: $15,880,5042024

Highlighted filing

2022

Assets$7,371,343
Liabilities$1,530,900
Net Assets$5,840,443
Open 2022 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2010: $8,759Expenses 2010: $139,113Net Income 2010: -$130,3542010Revenue 2011: $775,367Expenses 2011: $261,932Net Income 2011: $513,4352011Revenue 2012: $334,900Expenses 2012: $387,440Net Income 2012: -$52,5402012Revenue 2013: $32,084Expenses 2013: $182,338Net Income 2013: -$150,2542013Revenue 2014: $11,916Expenses 2014: $60,097Net Income 2014: -$48,1812014Revenue 2015: $393,082Expenses 2015: $129,725Net Income 2015: $263,3572015Revenue 2016: $28,307Expenses 2016: $59,655Net Income 2016: -$31,3482016Revenue 2017: $47,337Expenses 2017: $37,805Net Income 2017: $9,5322017Revenue 2018: $322,078Expenses 2018: $319,181Net Income 2018: $2,8972018Revenue 2019: $955,513Expenses 2019: $709,612Net Income 2019: $245,9012019Revenue 2020: $1,172,307Expenses 2020: $966,001Net Income 2020: $206,3062020Revenue 2021: $1,788,166Expenses 2021: $677,968Net Income 2021: $1,110,1982021Revenue 2022: $683,910Expenses 2022: $793,362Net Income 2022: -$109,4522022Revenue 2022: $7,913,917Expenses 2022: $366,091Net Income 2022: $7,547,8262022Revenue 2023: $1,159,800Expenses 2023: $688,074Net Income 2023: $471,7262023Revenue 2024: $2,870,332Expenses 2024: $849,823Net Income 2024: $2,020,5092024

Highlighted filing

2022

Revenue$683,910
Expenses$793,362
Net Income-$109,452
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 22, 2022
Return Version
2021v4.2
Gross Receipts
$683,910
Mission and Program Overview

Mission

Development and promotion of affordable housing for low and moderate income households.

Development and promotion of affordable housing for low and moderate income households

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$3,171,552$3,467,503▲ $295,951
Cash and Non-Interest-Bearing Accounts$1,129,587$1,555,294▲ $425,707
Land, Buildings, and Equipment, Net$583,198$847,251▲ $264,053
Prepaid Expenses and Deferred Charges$18,083$10,744▼ $7,339
Accounts Receivable$0$361▲ $361
Total Assets$8,235,442$7,371,343▼ $864,099
Other Assets Total$3,333,022$1,490,190▼ $1,842,832
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,380,000$1,380,000→ $0
Other Liabilities$444,871$150,900▼ $293,971
Accounts Payable and Accrued Expenses$149,821$0▼ $149,821
Total Liabilities$1,974,692$1,530,900▼ $443,792
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,217,292$5,796,160▼ $421,132
Net Assets With Donor Restrictions$43,458$44,283▲ $825
Total Net Assets Fund Balance$6,260,750$5,840,443▼ $420,307
Total Liabilities and Net Assets / Fund Balance$8,235,442$7,371,343▼ $864,099

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$610,939$357,989$968,928
Land$199,193-$199,193
Equipment$18,510$33,562$52,072
Other Land Buildings$18,609$4,970$23,579
Other Assets Org$16,724--
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Michael SimeltonChairman
Dr Glenda MccullumVice Chairman
Eric HansonAttorney
Kathy SpielerCommissioner
Yvonne WhiteCommissioner
Roger PowellSecretary
Garland MaysTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$825
Program Service Revenue
$361,277
Investment Income
$2,090
Other Revenue
$319,718
All Other Contributions
$825
Change in Net Assets
$-109,452
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$455,874
Salaries, Compensation, and Employee Benefits$337,488
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$311,070--$311,070
Fees for Services Other-$137,309-$137,309
Insurance$84,233--$84,233
Depreciation Depletion$61,759--$61,759
Other Employee Benefits$26,418--$26,418
Fees for Services Accounting-$26,269-$26,269
Office Expenses-$23,497-$23,497
Fees for Services Management$8,386--$8,386
Fees for Services Legal-$6,148-$6,148
Other Expenses$20,465$2,459-$2,459
Travel$1,763--$1,763
All Other Expenses$1,219--$1,219
Total Functional Expenses$597,680$195,682$0$793,362
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Revenue$71,875
Due to Related Parties$63,428
Lease Liability$12,006
Tenant Deposits$4,100
Acccrued Expenses$-509
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“The meetings and actions are documented and recorded.”

Form 990, Part VI, Section B, Line 11B

“Line 11a explanation - the return is first reviewed by the program coordinator and then it is reviewed, and approved by the ceo.”

Form 990, Part VI, Section B, Line 12C

“If the governing board or committee has reasonable cause to believe a member has failed to disclose actual or possible conflicts of interest, it shall inform the member of the basis for such belief and afford the member an opportunity to explain the alleged failure to disclose.”

Form 990, Part VI, Section C, Line 19

“All documents are available upon request at the organization's office during normal business hours.”

Filing and Contact Details

Filer

Filer Name
Will County Housing Development
EIN
20-4503754
Phone
8157270611
Address
6 SOUTH BROADWAY STREET, JOLIET, IL 60436

Signing Officer

Name
Michael Simelton
Title
Chairman
Phone
8157270611
Signed
2022-11-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Simelton
Formed
2007
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
0

Preparer

Firm
Rubinbrown Llp
Address
225 W WACKER DRIVE, CHICAGO, IL 60606
Preparer
Bruce Schiff
Phone
3124251099
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting: program service expenses 0. Management and general expenses 137,309. Fundraising expenses 0. Total expenses 137,309.”

FORM 990, PART XI, LINE 9:

“Prior period adjustment 446,073. Equity adjustment to to briggs-rosalind k-1 -756,928.”

FORM 990, PART XII, LINE 1:

“The company has switched its method of accounting to accrual basis to follow the audited financial statements.”

Raw XML AppendixShowing 400 of 617 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.

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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt018083
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt010744
IRS990/PrincipalOfficerNm0MICHAEL SIMELTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0MANAGEMENT FEE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2MISCELLANEOUS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0193906
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1152257
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215114
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0193906
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1152257
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215114
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0190475
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0117
IRS990/PYOtherExpensesAmt0371643
IRS990/PYOtherRevenueAmt0210727
IRS990/PYProgramServiceRevenueAmt01386847
IRS990/PYRevenuesLessExpensesAmt01110198
IRS990/PYSalariesCompEmpBnftPaidAmt0306325
IRS990/PYTotalExpensesAmt0677968
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01788166
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-109452
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0361277
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0825
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0190475
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt06000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0197300
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0321808
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0210844
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt066880
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt085981
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0685516
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0361277
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01386847
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01165937
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0955511
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0316077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04185649
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0321808
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0210844
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt066880
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt085981
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0685516
IRS990ScheduleA/InvestmentIncomeCYPct00.13530
IRS990ScheduleA/InvestmentIncomePYPct00.08210
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86470
IRS990ScheduleA/PublicSupportPY509Pct00.91790
IRS990ScheduleA/PublicSupportTotal509Amt04382949
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0362102
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01577322
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01165937
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0955511
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0322077
IRS990ScheduleA/Total509Grp/TotalAmt04382949
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0683910
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01788166
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01165940
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01022391
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0408058
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05068465
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0610939
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0357989
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0968928
IRS990ScheduleD/EquipmentGrp/BookValueAmt018510
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033562
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt052072
IRS990ScheduleD/LandGrp/BookValueAmt0199193
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0199193
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt0429630
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1653767
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2317770
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt35527
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt466602
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt5170
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt616724
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEFERRED DEVELOPER FEE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ACCOUNT RECEIVABLE - LME3
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2ACCOUNT RECEIVABLE - STEVENSON CROSSING
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4ACCOUNTS RECEIVABLE - OTHER
IRS990ScheduleD/OtherAssetsOrgGrp/Desc5ACCOUNT RECEIVABLE - WATER'S EDGE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc6ACCOUNT RECEIVABLE - ST. ELIZABETH SR DEVELOPMENT
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt018609
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04970
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023579
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04100
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112006
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt271875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt363428
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt4-509
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LEASE LIABILITY
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DEFERRED REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3DUE TO RELATED PARTIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4ACCCRUED EXPENSES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0847251
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01490190
IRS990ScheduleD/TotalLiabilityAmt0150900
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEETINGS AND ACTIONS ARE DOCUMENTED AND RECORDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LINE 11A EXPLANATION - THE RETURN IS FIRST REVIEWED BY THE PROGRAM COORDINATOR AND THEN IT IS REVIEWED, AND APPROVED BY THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 137,309. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 137,309.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRIOR PERIOD ADJUSTMENT 446,073. EQUITY ADJUSTMENT TO TO BRIGGS-ROSALIND K-1 -756,928.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE COMPANY HAS SWITCHED ITS METHOD OF ACCOUNTING TO ACCRUAL BASIS TO FOLLOW THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XII, LINE 1:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0WILL COUNTY HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1WILL COUNTY HOUSING
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0WATER-MCDONOUGH LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1BRIGGS-ROSALIND DEVELOPMENT LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0371797035
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt0212535
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt11538805
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0RENTAL REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1RENTAL REAL ESTATE
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0-54
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt1-18
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt06 SOUTH BROADWAY STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt16 SOUTH BROADWAY STREET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0JOLIET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1JOLIET
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1IL

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,371,343
Liabilities
$1,530,900
Net assets
$5,840,443
Revenue
$683,910
Expenses
$793,362
Net income
-$109,452
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.8$2.87$15.9$2.87$0.85$2.02
2023Detailed filing. Detailed filing data is available for this year.$16.4$2.59$13.9$1.16$0.69$0.47
2022Detailed filing. Detailed filing data is available for this year.$16.1$2.70$13.4$7.91$0.37$7.55
2022Detailed filing. Detailed filing data is available for this year.$7.37$1.53$5.84$0.68$0.79$0.11
2021Detailed filing. Detailed filing data is available for this year.$8.24$1.97$6.26$1.79$0.68$1.11
2020Detailed filing. Detailed filing data is available for this year.$8.96$5.50$3.47$1.17$0.97$0.21
2019Detailed filing. Detailed filing data is available for this year.$7.62$4.36$3.26$0.96$0.71$0.25
2018Detailed filing. Detailed filing data is available for this year.$7.29$4.28$3.01$0.32$0.32$0.00
2017Detailed filing. Detailed filing data is available for this year.$7.20$4.19$3.01$0.05$0.04$0.01
2016Summary only. Only limited summary data is available for this year.$6.41$3.41$3.00$0.03$0.06$0.03
2015Summary only. Only limited summary data is available for this year.$6.50$3.47$3.03$0.39$0.13$0.26
2014Summary only. Only limited summary data is available for this year.$6.10$3.33$2.77$0.01$0.06$0.05
2013Summary only. Only limited summary data is available for this year.$6.13$3.31$2.82$0.03$0.18$0.15
2012Summary only. Only limited summary data is available for this year.$6.33$3.36$2.97$0.33$0.39$0.05
2011Summary only. Only limited summary data is available for this year.$3.71$1.32$2.39$0.78$0.26$0.51
2010Summary only. Only limited summary data is available for this year.$3.16$1.28$1.88$0.01$0.14$0.13