Civic Intelligence

Lake County Bar Foundation

990 • Fiscal year 2020 • EIN 23-7094399

Jul 01, 2019 to Jun 30, 2020 • Filed on Sep 21, 2020

Organization Profilewww.lakebar.org
300 Grand AveWaukegan, IL 60085

(847) 244-3143

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.32x

Higher debt load relative to assets than 72% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

96th percentile

6.42x

Higher debt load relative to revenue than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

9th percentile

-41%

Higher net margin than 9% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

15th percentile

-5.2%

Faster asset growth than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

11th percentile

-40%

Faster revenue growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$1,414,787

Down $77,432 (-5.2%) from 2019

Net Assets

Down

$961,488

Down $39,929 (-4.0%) from 2019

Liabilities

Down

$453,299

Down $37,503 (-7.6%) from 2019

Revenue And Expenses
Liabilities / Revenue96th percentileNet Margin9th percentile

Revenue

Down

$70,571

Down $47,684 (-40%) from 2019

Expenses

Down

$99,789

Down $48,962 (-33%) from 2019

Net Income

Up

-$29,218

Up $1,278 (+4.2%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $560,900Liabilities 2013: $0Net Assets 2013: $560,9002013Assets 2015: $563,994Liabilities 2015: $0Net Assets 2015: $563,9942015Assets 2019: $1,492,219Liabilities 2019: $490,802Net Assets 2019: $1,001,4172019Assets 2020: $1,414,787Liabilities 2020: $453,299Net Assets 2020: $961,4882020Assets 2021: $1,357,755Liabilities 2021: $402,586Net Assets 2021: $955,1692021Assets 2022: $1,365,645Liabilities 2022: $399,834Net Assets 2022: $965,8112022Assets 2023: $1,543,972Liabilities 2023: $387,357Net Assets 2023: $1,156,6152023Assets 2024: $1,765,698Liabilities 2024: $233,189Net Assets 2024: $1,532,5092024

Highlighted filing

2020

Assets$1,414,787
Liabilities$453,299
Net Assets$961,488
Open 2020 Filing

Operations Trend

Revenue Growth11th percentile

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

$600K$400K$200K$0-$200KExpenses 2013: $106,4222013Revenue 2015: $195,569Expenses 2015: $155,120Net Income 2015: $40,4492015Revenue 2019: $118,255Expenses 2019: $148,751Net Income 2019: -$30,4962019Revenue 2020: $70,571Expenses 2020: $99,789Net Income 2020: -$29,2182020Revenue 2021: $95,424Expenses 2021: $112,228Net Income 2021: -$16,8042021Revenue 2022: $139,527Expenses 2022: $108,238Net Income 2022: $31,2892022Revenue 2023: $318,384Expenses 2023: $117,009Net Income 2023: $201,3752023Revenue 2024: $497,206Expenses 2024: $130,046Net Income 2024: $367,1602024

Highlighted filing

2020

Revenue$70,571
Expenses$99,789
Net Income-$29,218
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Sep 21, 2020
Return Version
2019v5.0
Gross Receipts
$103,396
Mission and Program Overview

Mission

The Foundation was established in 1960 to promote the education of lawyers and advance the science of jurisprudence. The purposes of the Foundation are: (a) promoting the charitable, educational, scientific and literary mission of the Lake County Bar Association; (b) improving and facilitating the administration of justice; (c) promoting the study and research of law, the diffusion of legal knowledge and the continuing education of lawyers; (d) publishing and distributing addresses, reports, treatises and other literary works on legal subjects; (e) acquiring preserving and exhibiting rare books and documents, objects of art, and items of cultural or historical interest to the Lake County community and/or having legal significance or bearing on the administration of justice; (f) providing financial assistance to Lake County Bar Association (the Association) Attorney members in need as determined solely at the discretion of the Trustees of the Foundation (the Trustees); (g) purchasing, o

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,162,290$1,120,472▼ $41,818
Savings and Temporary Cash Investments$114,552$102,572▼ $11,980
Cash and Non-Interest-Bearing Accounts$63,595$92,217▲ $28,622
Pledges and Grants Receivable$110,200$58,600▼ $51,600
Investments in Publicly Traded Securities$41,425$40,908▼ $517
Accounts Receivable$157$18▼ $139
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,492,219$1,414,787▼ $77,432
Other Assets Total-$0-
Liabilities
Mortgage Notes Payable Secured by Investment Property$368,402$318,880▼ $49,522
Escrow Account Liability$122,400$134,419▲ $12,019
Total Liabilities$490,802$453,299▼ $37,503
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,001,417$961,488▼ $39,929
Total Net Assets Fund Balance$1,001,417$961,488▼ $39,929
Total Liabilities and Net Assets / Fund Balance$1,492,219$1,414,787▼ $77,432

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$955,996$72,524$1,028,520
Land$96,689-$96,689
Other Land Buildings$57,799$37,007$94,806
Equipment$9,988$4,092$14,080
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Jeff BermanPast President
Melanie RummelPast President
Nicholas RiewerPresident
Carey SchieverVice President
Amy LonerganTrustee
Brian WancaTrustee
David GordonTrustee
Douglas DorandoTrustee
Fredric LesserTrustee
HON FRED FOREMAN retTrustee
HON HENRY TONIGAN retTrustee
HON JOSEPH WALDECK retTrustee
Hon Michael NerheimTrustee
Jennifer AshleyTrustee
Keith GrantTrustee
Kenneth GlickTrustee
Nandia BlackTrustee
STEVEN McCOLLUMTrustee
Scott GibsonTrustee
Joann FratianiSecretary
Perry Smith JrTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$27,888
Program Service Revenue
$0
Investment Income
$-1,525
Other Revenue
$44,208
All Other Contributions
$27,888
Change in Net Assets
$-29,218
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$99,789
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
Depreciation Depletion-$41,818-$41,818
Interest-$16,641-$16,641
Occupancy-$8,980-$8,980
Fees for Services Accounting-$5,128-$5,128
Insurance-$3,489-$3,489
Other Expenses$3,682$1,045-$1,045
Office Expenses-$1,006-$1,006
Total Functional Expenses$3,682$96,107$0$99,789
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,721
Fundraising Direct Expenses$2,841
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-HusbandInsurance PolicyNo$1,142

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Members of the foundation are attorneys practicing in lake county illinois”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“Members elect officers and trustees annually to manage the foundation's activities.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“Changes to the bylaws are subject to the approval of the members of the lake county bar foundation”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The foundation's executive board reviews form 990 and supplemental information prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Any contract entered into on behalf of the lake county bar foundation is reviewed for potential conflicts with members of the board of trustees. If a potential conflict arises it is brought before the entire board for consideration.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Governing documents and form 990 are available upon request”

Filing and Contact Details

Filer

Filer Name
Lake County Bar Foundation
EIN
23-7094399
Phone
8472443143
Address
300 GRAND AVE, WAUKEGAN, IL 60085

Signing Officer

Name
Nicholas Riewer
Title
President
Signed
2020-09-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nicholas Riewer
Formed
1960
Legal Domicile
Il
Voting Board Members
21
Independent Board Members
21
Employees
0

Preparer

Firm
Manning Silverman & Company
Address
175 Olde Half Day Road 290, Lincolnshire, IL 60069
Preparer
Joel Manning
Phone
8474598850
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Decreases

“To account for fiscal sponsor liability = -$12019”

Financial Statement Notes

Part IV, Line 1B: Why is organization an agent, trustee, custodian or other intermediary for contrib

“Lake county bar foundation serves as a fiscal sponsor for several organizations.”

Part IV, Line 2B: Explanation of escrow account liability

“The foundation maintains the bank accounts for the fiscal sponsors, but does not own the funds in those accounts. Therefore, the income and expense amounts are not included in the foundation income statement, and the net change in the custodial bank accounts is reported as a liability on the foundation balance sheet.”

Raw XML AppendixShowing 400 of 606 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt0157
IRS990/AccountsReceivableGrp/EOYAmt018
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The Foundation was established in 1960 to promote the education of lawyers and advance the science of jurisprudence. The purposes of the Foundation are: (a) promoting the charitable, educational, scientific and literary mission of the Lake County Bar Association; (b) improving and facilitating the administration of justice; (c) promoting the study and research of law, the diffusion of legal knowledge and the continuing education of lawyers; (d) publishing and distributing addresses, reports, treatises and other literary works on legal subjects; (e) acquiring preserving and exhibiting rare books and documents, objects of art, and items of cultural or historical interest to the Lake County community and/or having legal significance or bearing on the administration of justice; (f) providing financial assistance to Lake County Bar Association (the Association) Attorney members in need as determined solely at the discretion of the Trustees of the Foundation (the Trustees); (g) purchasing, o
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt027888
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0DALE PERRIN
IRS990/BooksInCareOfDetail/PhoneNum08472443143
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0300 GRAND AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WAUKEGAN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060085
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt063595
IRS990/CashNonInterestBearingGrp/EOYAmt092217
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt027888
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0-1525
IRS990/CYOtherExpensesAmt099789
IRS990/CYOtherRevenueAmt044208
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-29218
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt099789
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt070571
IRS990/DecisionsSubjectToApprovaInd0true
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt041818
IRS990/DepreciationDepletionGrp/TotalAmt041818
IRS990/Desc0GRANTS AND DONATIONS TO THIRD PARTIES
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt0122400
IRS990/EscrowAccountLiabilityGrp/EOYAmt0134419
IRS990/ExpenseAmt03682
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05128
IRS990/FeesForServicesAccountingGrp/TotalAmt05128
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt180.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt200.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF BERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm1DOUGLAS DORANDO
IRS990/Form990PartVIISectionAGrp/PersonNm2MELANIE RUMMEL
IRS990/Form990PartVIISectionAGrp/PersonNm3CAREY SCHIEVER
IRS990/Form990PartVIISectionAGrp/PersonNm4JOANN FRATIANI
IRS990/Form990PartVIISectionAGrp/PersonNm5JENNIFER ASHLEY
IRS990/Form990PartVIISectionAGrp/PersonNm6NANDIA BLACK
IRS990/Form990PartVIISectionAGrp/PersonNm7HON FRED FOREMAN ret
IRS990/Form990PartVIISectionAGrp/PersonNm8SCOTT GIBSON
IRS990/Form990PartVIISectionAGrp/PersonNm9KENNETH GLICK
IRS990/Form990PartVIISectionAGrp/PersonNm10KEITH GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm11FREDRIC LESSER
IRS990/Form990PartVIISectionAGrp/PersonNm12STEVEN McCOLLUM
IRS990/Form990PartVIISectionAGrp/PersonNm13HON MICHAEL NERHEIM
IRS990/Form990PartVIISectionAGrp/PersonNm14AMY LONERGAN
IRS990/Form990PartVIISectionAGrp/PersonNm15NICHOLAS RIEWER
IRS990/Form990PartVIISectionAGrp/PersonNm16PERRY SMITH JR
IRS990/Form990PartVIISectionAGrp/PersonNm17HON HENRY TONIGAN ret
IRS990/Form990PartVIISectionAGrp/PersonNm18HON JOSEPH WALDECK ret
IRS990/Form990PartVIISectionAGrp/PersonNm19BRIAN WANCA
IRS990/Form990PartVIISectionAGrp/PersonNm20DAVID GORDON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0Past President
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15President
IRS990/Form990PartVIISectionAGrp/TitleTxt16Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt17Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt18Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt19Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt20Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01960
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt02841
IRS990/FundraisingGrossIncomeAmt010721
IRS990/GainOrLossGrp/SecuritiesAmt0-2602
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt021
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0-2602
IRS990/GrossReceiptsAmt0103396
IRS990/GrossRentsGrp/RealAmt066312
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt021
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt03489
IRS990/InsuranceGrp/TotalAmt03489
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt016641
IRS990/InterestGrp/TotalAmt016641
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01077
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01077
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt041425
IRS990/InvestmentsPubTradedSecGrp/EOYAmt040908
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0113623
IRS990/LandBldgEquipBasisNetGrp/BOYAmt01162290
IRS990/LandBldgEquipBasisNetGrp/EOYAmt01120472
IRS990/LandBldgEquipCostOrOtherBssAmt01234095
IRS990/LegalDomicileStateCd0IL
IRS990/LessRentalExpensesGrp/RealAmt029984
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The Foundation was established in 1960 to promote the education of lawyers and advance the science of jurisprudence. The purposes of the Foundation are: (a) promoting the charitable, educational, scientific and literary mission of the Lake County Bar Association; (b) improving and facilitating the administration of justice; (c) promoting the study and research of law, the diffusion of legal knowledge and the continuing education of lawyers; (d) publishing and distributing addresses, reports, treatises and other literary works on legal subjects; (e) acquiring preserving and exhibiting rare books and documents, objects of art, and items of cultural or historical interest to the Lake County community and/or having legal significance or bearing on the administration of justice; (f) providing financial assistance to Lake County Bar Association (the Association) Attorney members in need as determined solely at the discretion of the Trustees of the Foundation (the Trustees); (g) purchasing, o
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0368402
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0318880
IRS990/NetAssetsOrFundBalancesBOYAmt01001417
IRS990/NetAssetsOrFundBalancesEOYAmt0961488
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2602
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2602
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt07880
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt036328
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt036328
IRS990/NetUnrlzdGainsLossesInvstAmt01308
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01001417
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0961488
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt08980
IRS990/OccupancyGrp/TotalAmt08980
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01006
IRS990/OfficeExpensesGrp/TotalAmt01006
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherChangesInNetAssetsAmt0-12019
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0ADMINISTRATIVE EXPENSES
IRS990/OtherExpensesGrp/Desc1DONATIONS
IRS990/OtherExpensesGrp/Desc2BANK AND CREDIT CARD CHARGES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt018000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11045
IRS990/OtherExpensesGrp/ProgramServicesAmt03682
IRS990/OtherExpensesGrp/TotalAmt018000
IRS990/OtherExpensesGrp/TotalAmt13682
IRS990/OtherExpensesGrp/TotalAmt21045
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0110200
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt058600
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0NICHOLAS RIEWER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0DIRECT BENEFITS TO MEMBERS OF LAKE COUNTY BAR FOUNDATION
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt053645
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt025000
IRS990/PYInvestmentIncomeAmt0709
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0123751
IRS990/PYOtherRevenueAmt063901
IRS990/PYRevenuesLessExpensesAmt0-30496
IRS990/PYTotalExpensesAmt0148751
IRS990/PYTotalRevenueAmt0118255
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-29218
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt036328
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0114552
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0102572
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt027888
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt053645

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,414,787
Liabilities
$453,299
Net assets
$961,488
Revenue
$70,571
Expenses
$99,789
Net income
-$29,218
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.23$1.53$0.50$0.13$0.37
2023Detailed filing. Detailed filing data is available for this year.$1.54$0.39$1.16$0.32$0.12$0.20
2022Detailed filing. Detailed filing data is available for this year.$1.37$0.40$0.97$0.14$0.11$0.03
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.40$0.96$0.10$0.11$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.41$0.45$0.96$0.07$0.10$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.49$0.49$1.00$0.12$0.15$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.20$0.16$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$0.11