Civic Intelligence

Ridge Historical Society

EIN 23-7222417 • 501(c)3 • Chicago, IL

Profile

Ridge Historical Society collects, preserves, interprets, and makes available to the public a collection of artifacts, documents, and other media having historic interest to the Chicago neighborhoods of Beverly, Morgan Park, Washington Heights, and Mt. Greenwood.

10621 S Seeley AvenueChicago, IL 60643

ridgehistory.org

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

58th percentile

6.9%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Revenue Growth

50th percentile

7.3%

Faster revenue growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2024

Assets

Up

$1,032,439

Up $78,919 (+8.3%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,032,439

Up $78,919 (+8.3%) from 2023

Revenue

Down

$62,179

Down $7 (-0.0%) from 2023

Expenses

Down

$50,529

Down $1,431 (-2.8%) from 2023

Net Income

Up

$11,650

Up $1,424 (+14%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2019: $939,643Liabilities 2019: $0Net Assets 2019: $939,6432019Assets 2020: $965,368Liabilities 2020: $1,000Net Assets 2020: $964,3682020Assets 2021: $1,053,319Liabilities 2021: $0Net Assets 2021: $1,053,3192021Assets 2022: $903,278Liabilities 2022: $0Net Assets 2022: $903,2782022Assets 2023: $953,520Liabilities 2023: $0Net Assets 2023: $953,5202023Assets 2024: $1,032,439Liabilities 2024: $0Net Assets 2024: $1,032,4392024

Highlighted filing

2024

Assets$1,032,439
Liabilities$0
Net Assets$1,032,439

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2019: $76,682Expenses 2019: $35,571Net Income 2019: $41,1112019Revenue 2020: $79,587Expenses 2020: $30,348Net Income 2020: $49,2392020Revenue 2021: $65,580Expenses 2021: $33,383Net Income 2021: $32,1972021Revenue 2022: $53,972Expenses 2022: $46,617Net Income 2022: $7,3552022Revenue 2023: $62,186Expenses 2023: $51,960Net Income 2023: $10,2262023Revenue 2024: $62,179Expenses 2024: $50,529Net Income 2024: $11,6502024

Highlighted filing

2024

Revenue$62,179
Expenses$50,529
Net Income$11,650

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 31, 2025
Return Version
2024v5.2
Gross Receipts
$62,384
Mission and Program Overview

Mission

Ridge Historical Society collects, preserves, interprets, and makes available to the public a collection of artifacts and documents of historic interest to the Chicago neighborhoods of Beverly, Morgan Park, Washington Heights, and Mt. Greenwood.

Preserve and interpret local history of the Ridge communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$953,520$1,032,439▲ $78,919
Investments in Publicly Traded Securities$661,437$682,762▲ $21,325
Land, Buildings, and Equipment, Net$281,880$274,447▼ $7,433
Cash and Non-Interest-Bearing Accounts$10,203$75,230▲ $65,027
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$953,520$1,032,439▲ $78,919
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$953,520$1,032,439▲ $78,919
Total Liabilities and Net Assets / Fund Balance$953,520$1,032,439▲ $78,919

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$253,837$36,053$289,890
Land$20,610-$20,610
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$22,094
Program Service Revenue
$2,004
Investment Income
$37,030
Other Revenue
$1,051
All Other Contributions
$8,889
Change in Net Assets
$11,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,529
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$14,324--$14,324
Depreciation Depletion$7,433--$7,433
Fees for Services Other$5,650--$5,650
Insurance$4,631$770-$5,401
Fees for Service Investment Mgmnt Fees-$4,547-$4,547
Information Technology-$3,436-$3,436
Fees for Services Management-$2,846-$2,846
Fees for Services Accounting-$850-$850
Office Expenses-$577-$577
Other Expenses$98$132-$98
Total Functional Expenses$37,371$13,158$0$50,529
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,255
Fundraising Direct Expenses$204
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying 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
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
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Society has members wishing to support the preservation of historical information on people, places and events of the Chicago communities of Morgan Park, Beverly Hills, Washington Heights, and Mt Greenwood for education and research purposes.

Form 990, Part VI, Section A, line 7A

Members meet annually to vote on the Board of Directors and to elect Board officers.

Form 990, Part VI, Section A, line 7B

The members approve the annual operating budget and minutes from the prior annual meeting. The membership also votes on changes to the bylaws.

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

After the 990 draft copy is received from the preparer, it is distributed to all Board members by email. A review is scheduled for the next monthly Board meeting, and discussion is on the meeting agenda. The Treasurer asks for corrections, questions, and comments.

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

At the February Annual Meeting, all board members are given the organization's Conflicts of Interest Policy and at that time they are required to submit Conflicts of Interest Disclosures to the Secretary. A written policy document requires the Executive Committee to review the Disclosures in its first quarterly meeting, and to act on instances of noncompliance and/or conflicts.

Form 990, Part VI, Section C, line 19

The Form 990 and bylaws are available at the Society for review.

Filing and Contact Details

Filer

Filer Name
Ridge Historical Society
EIN
23-7222417
Phone
3125159435
Address
10621 S Seeley Avenue, Chicago, IL 60643

Signing Officer

Name
Debra Nemeth
Title
President
Phone
3125159435
Signed
2025-07-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Debra Nemeth
Formed
1971
Legal Domicile
Il
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
30

Preparer

Firm
Desmond & Ahern Ltd
Address
10827 S Western Ave, Chicago, IL 60643
Preparer
Mel Padillo
Phone
7737794720
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Other Professional Fees: Program service expenses 5,650. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,650.

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IRS990/Desc01. Public Education Programs (Expense $10,734, Income $2,004): The Society's original exhibit for 2024 illuminated the work of a notable 20th century architect, Harry Hale Waterman, who designed many buildings in the Ridge Historic District. The exhibit team included historical researchers and an architectural photographer who lent his photographs of H.H. Waterman houses. The exhibit was free and open to the public. A related educational program was presented by the docents. The Society also hosted speakers for other local history presentations (Rediscovering 1899 Kite Photography; Freedom Seekers about the Underground Railroad activities in the area; Elmer and Richard Carlson's architecture), a talk on stained and leaded glass for old house restoration, and a workshop on researching the history of old Chicago houses. A free "Volunteer Orientation" program was developed to familiarize the public with the Society's resources and services, and to encourage volunteer involvement. In another significant public education effort, RHS regularly and consistently publishes local history items via print and social media.
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IRS990/Form990PartVIISectionAGrp/PersonNm11Kathy Sanders
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IRS990/Form990PartVIISectionAGrp/PersonNm13Mati Maldre
IRS990/Form990PartVIISectionAGrp/PersonNm14Paula Everett
IRS990/Form990PartVIISectionAGrp/PersonNm15Susan Burnet
IRS990/Form990PartVIISectionAGrp/PersonNm16Tim Blackburn
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IRS990/OtherExpensesGrp/Desc0Exhibits and Museum
IRS990/OtherExpensesGrp/Desc1Newsletter and Communic
IRS990/OtherExpensesGrp/Desc2Mescellaneous
IRS990/OtherExpensesGrp/Desc3Dues and subscriptions
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0132
IRS990/OtherExpensesGrp/ProgramServicesAmt03972
IRS990/OtherExpensesGrp/ProgramServicesAmt11263
IRS990/OtherExpensesGrp/ProgramServicesAmt298
IRS990/OtherExpensesGrp/TotalAmt03972
IRS990/OtherExpensesGrp/TotalAmt11263
IRS990/OtherExpensesGrp/TotalAmt2132
IRS990/OtherExpensesGrp/TotalAmt398
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Debra Nemeth
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Admission
IRS990/ProgramServiceRevenueGrp/Desc1Educational items
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01835
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1169
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01835
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1169
IRS990/ProgSrvcAccomActy2Grp/Desc0Graver-Driscoll House Preservation and Maintenance (Expense $26,388): The Society resides in a designated historic district, and owns Graver-Driscoll House which serves is its base of administrative operations and as a museum, archive, and meeting venue. The building is historically significant in its own right; it was designed by noted architect John Todd Hetherington and is over 100 years old.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt026637
IRS990/ProgSrvcAccomActy3Grp/Desc0Public Events: Ridge Historical Society participated in several local events, including the community's Memorial Day Parade, BAPA-sponsored free "Porch Concerts", Beverly Arts Alliance's Annual Art Walk, and Chicago Architectural Center's "Open House Chicago". RHS timed its exhibit opening in conjunction with the fall events. Effort this year involved many volunteer hours.Historic Research: Research of local history involving people, places, events, buildings and artifacts is a significant activity of the Society. Research may be undertaken in the planning of exhibits or programs; to support the organization's participation in local initiatives and observances; or to document the organization's collection. The Society also routinely responds to questions and requests from local residents, often concerning their residences or other buildings. Research labor is provided by volunteers, and the Society had no associated expenses in 2024.
IRS990/ProhibitedTaxShelterTransInd00
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IRS990/PYContributionsGrantsAmt024290
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt033956
IRS990/PYOtherExpensesAmt051960
IRS990/PYOtherRevenueAmt01310
IRS990/PYProgramServiceRevenueAmt02630
IRS990/PYRevenuesLessExpensesAmt010226
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt051960
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt062186
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt011650
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02004
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0953520
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01032439
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt022094
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt024290
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017070
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt022530
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt08083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt094067
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt037030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt034334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt034217
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt035564
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt031248
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0172393
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt011005
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportPY170Pct00.33780
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt022530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt08083
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt094067
IRS990ScheduleA/TotalSupportAmt0266460
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0253837
IRS990ScheduleD/BuildingsGrp/DepreciationAmt036053
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0289890
IRS990ScheduleD/LandGrp/BookValueAmt020610
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt020610
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0274447
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Society has members wishing to support the preservation of historical information on people, places and events of the Chicago communities of Morgan Park, Beverly Hills, Washington Heights, and Mt Greenwood for education and research purposes.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Members meet annually to vote on the Board of Directors and to elect Board officers.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The members approve the annual operating budget and minutes from the prior annual meeting. The membership also votes on changes to the bylaws.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3After the 990 draft copy is received from the preparer, it is distributed to all Board members by email. A review is scheduled for the next monthly Board meeting, and discussion is on the meeting agenda. The Treasurer asks for corrections, questions, and comments.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4At the February Annual Meeting, all board members are given the organization's Conflicts of Interest Policy and at that time they are required to submit Conflicts of Interest Disclosures to the Secretary. A written policy document requires the Executive Committee to review the Disclosures in its first quarterly meeting, and to act on instances of noncompliance and/or conflicts.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The Form 990 and bylaws are available at the Society for review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Other Professional Fees: Program service expenses 5,650. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,650.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, line 11g
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToProxyTaxInd00
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0953520
IRS990/TotalAssetsEOYAmt01032439
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IRS990/TotalAssetsGrp/EOYAmt01032439
IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013158

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