Civic Intelligence

Independence House L L C

990 • Fiscal year 2019 • EIN 32-0056642

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 24, 2020

Organization ProfileN/A
411 S Wells Street No 401Chicago, IL 60607

(312) 274-8200

Siviq Scores

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

Liabilities / Assets

96th percentile

1.41x

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

98th percentile

10.35x

Higher debt load relative to revenue than 98% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

16th percentile

-15%

Higher net margin than 16% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

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

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

21st percentile

-4.6%

Faster asset growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

82nd percentile

33%

Faster revenue growth than 82% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets96th percentile

Assets

Down

$3,666,970

Down $176,672 (-4.6%) from 2018

Net Assets

Down

-$1,521,715

Down $75,436 (-5.2%) from 2018

Liabilities

Down

$5,188,685

Down $101,236 (-1.9%) from 2018

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin16th percentile

Revenue

Up

$501,501

Up $123,404 (+33%) from 2018

Expenses

Down

$576,937

Down $15,768 (-2.7%) from 2018

Net Income

Up

-$75,436

Up $139,172 (+65%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$6.0M$4.0M$2.0M$0-$2.0M-$4.0MAssets 2017: $3,976,324Liabilities 2017: $5,207,995Net Assets 2017: -$1,231,6712017Assets 2018: $3,843,642Liabilities 2018: $5,289,921Net Assets 2018: -$1,446,2792018Assets 2019: $3,666,970Liabilities 2019: $5,188,685Net Assets 2019: -$1,521,7152019Assets 2020: $3,560,505Liabilities 2020: $5,226,365Net Assets 2020: -$1,665,8602020Assets 2021: $3,442,120Liabilities 2021: $5,288,282Net Assets 2021: -$1,846,1622021Assets 2022: $3,275,274Liabilities 2022: $5,342,433Net Assets 2022: -$2,067,1592022Assets 2023: $3,573,983Liabilities 2023: $5,307,861Net Assets 2023: -$1,733,8782023Assets 2024: $3,414,782Liabilities 2024: $5,330,143Net Assets 2024: -$1,915,3612024

Highlighted filing

2019

Assets$3,666,970
Liabilities$5,188,685
Net Assets-$1,521,715
Open 2019 Filing

Operations Trend

Revenue Growth82nd percentile

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

$1.0M$500K$0-$500KRevenue 2017: $402,970Expenses 2017: $542,786Net Income 2017: -$139,8162017Revenue 2018: $378,097Expenses 2018: $592,705Net Income 2018: -$214,6082018Revenue 2019: $501,501Expenses 2019: $576,937Net Income 2019: -$75,4362019Revenue 2020: $535,734Expenses 2020: $679,879Net Income 2020: -$144,1452020Revenue 2021: $540,945Expenses 2021: $721,247Net Income 2021: -$180,3022021Revenue 2022: $411,879Expenses 2022: $632,876Net Income 2022: -$220,9972022Revenue 2023: $910,814Expenses 2023: $577,533Net Income 2023: $333,2812023Revenue 2024: $489,922Expenses 2024: $671,405Net Income 2024: -$181,4832024

Highlighted filing

2019

Revenue$501,501
Expenses$576,937
Net Income-$75,436
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 24, 2020
Return Version
2019v5.1
Gross Receipts
$501,501
Mission and Program Overview

Mission

The organization owns and operates a residential facility primarily for low-income adults (and their dependent children) who are in recovery from the disability of chronic substance abuse.

The organization owns and operates a residential facility primarily for low-income families.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,659,602$3,517,937▼ $141,665
Accounts Receivable$16,074$23,331▲ $7,257
Prepaid Expenses and Deferred Charges$14,041$13,821▼ $220
Cash and Non-Interest-Bearing Accounts$30,039$2,086▼ $27,953
Total Assets$3,843,642$3,666,970▼ $176,672
Other Assets Total$123,886$109,795▼ $14,091
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,142,118$5,140,918▼ $1,200
Accounts Payable and Accrued Expenses$73,383$24,885▼ $48,498
Other Liabilities$52,398$17,738▼ $34,660
Deferred Revenue$22,022$5,144▼ $16,878
Total Liabilities$5,289,921$5,188,685▼ $101,236
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,446,279$-1,521,715▼ $75,436
Total Net Assets Fund Balance$-1,446,279$-1,521,715▼ $75,436
Total Liabilities and Net Assets / Fund Balance$3,843,642$3,666,970▼ $176,672

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,440,178$2,156,892$5,597,070
Other Land Buildings$34,659$286,538$321,197
Land$43,100-$43,100
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Clarence L SmithChairman
Perry ViettiPresident & CEO
Calvin HolmesSecretary
Catherine GalliganTreasurer/CFO
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$499,182
Investment Income
$2,319
Other Revenue
$0
Change in Net Assets
$-75,436

Audited Revenue Reconciliation

Revenue per Audited Statements
$501,501
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$501,501
Total Revenue per Form 990
$501,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$400,623
Salaries, Compensation, and Employee Benefits$176,314
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$159,444--$159,444
Other Salaries and Wages$153,924--$153,924
All Other Expenses$27,565--$27,565
Insurance$19,732--$19,732
Other Expenses$17,445--$17,445
Payroll Taxes$16,116--$16,116
Fees for Services Accounting-$9,415-$9,415
Other Employee Benefits$6,274--$6,274
Office Expenses$688--$688
Total Functional Expenses$567,522$9,415$0$576,937

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$576,937
Total Expenses per Audited Statements$576,937
Total Expenses per Form 990$576,937
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Due to Affiliate$12,876
Security Deposit$2,720
Accrued Management Fees$2,142
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

“Line 11b explanation - a draft copy of the form 990 and related schedules is circulated by the board members along with copies of the audited financial statements for review and comment prior to filing.”

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
Independence House LLC
EIN
32-0056642
Phone
3122748200
Address
411 S WELLS STREET NO 401, CHICAGO, IL 60607

Signing Officer

Name
Perry Vietti
Title
President & CEO
Phone
3122748200
Signed
2020-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Perry Vietti
Formed
2003
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
0
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 7

“Salaries and wages shown for independence house, llc were reported on form w-3 by a common pay master, interfaith management services, llc. Independence house llc's allocated share is properly shown on form 990, part ix, line 7, as program service expense.”

Form 990 Part X Line 23

“Form 990, part x, line 23 details mortgages owed: illinois housing development authority purpose: acquisition and operation dates amounts march 23, 2003 orig:$2,159,818 boy: $2,142,118 eoy: $2,140,918 terms security 0.0% per annum., mature march 31, 2034 r/e monthly payment of $100.00 for prin dates amounts march 23, 2003 orig:$3,000,000 boy: $3,000,000 eoy: $3,000,000 terms security 0.0% per annum., mature march 31, 2034 r/e balloon payment at maturity”

Form 990 Part XII Line 2C

“The organization has a committee that assumes responsibility for oversight of the audit. There were no changes in the organization's oversight process or election process during the tax year.”

Raw XML Appendix379 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt073383
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt024885
IRS990/AccountsReceivableGrp/BOYAmt016074
IRS990/AccountsReceivableGrp/EOYAmt023331
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION OWNS AND OPERATES A RESIDENTIAL FACILITY PRIMARILY FOR LOW-INCOME FAMILIES.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt027565
IRS990/AllOtherExpensesGrp/TotalAmt027565
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0INTERFAITH MGMT SERVICES LLC
IRS990/BooksInCareOfDetail/PhoneNum03122748200
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0411 S WELLS STREET STE 401
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060607
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt030039
IRS990/CashNonInterestBearingGrp/EOYAmt02086
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt02319
IRS990/CYOtherExpensesAmt0400623
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0499182
IRS990/CYRevenuesLessExpensesAmt0-75436
IRS990/CYSalariesCompEmpBnftPaidAmt0176314
IRS990/CYTotalExpensesAmt0576937
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0501501
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt022022
IRS990/DeferredRevenueGrp/EOYAmt05144
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0159444
IRS990/DepreciationDepletionGrp/TotalAmt0159444
IRS990/Desc0THE ORGANIZATION OWNS AND OPERATES A RESIDENTIAL FACILITY PRIMARILY FOR LOW-INCOME ADULTS (AND THEIR DEPENDENT CHILDREN) WHO ARE IN RECOVERY FROM THE DISABILITY OF CHRONIC SUBSTANCE ABUSE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0567522
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09415
IRS990/FeesForServicesAccountingGrp/TotalAmt09415
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0CLARENCE L SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm1PERRY VIETTI
IRS990/Form990PartVIISectionAGrp/PersonNm2CALVIN HOLMES
IRS990/Form990PartVIISectionAGrp/PersonNm3CATHERINE GALLIGAN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER/CFO
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0501501
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InsuranceGrp/ProgramServicesAmt019732
IRS990/InsuranceGrp/TotalAmt019732
IRS990/InvestmentIncomeGrp/ExclusionAmt02319
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt02319
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02443430
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03659602
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03517937
IRS990/LandBldgEquipCostOrOtherBssAmt05961367
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE ORGANIZATION OWNS AND OPERATES A RESIDENTIAL FACILITY PRIMARILY FOR LOW-INCOME ADULTS (AND THEIR DEPENDENT CHILDREN) WHO ARE IN RECOVERY FROM THE DISABILITY OF CHRONIC SUBSTANCE ABUSE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt05142118
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05140918
IRS990/NetAssetsOrFundBalancesBOYAmt0-1446279
IRS990/NetAssetsOrFundBalancesEOYAmt0-1521715
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1446279
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1521715
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0688
IRS990/OfficeExpensesGrp/TotalAmt0688
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0123886
IRS990/OtherAssetsTotalGrp/EOYAmt0109795
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt06274
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06274
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2PROPERTY MANAGEMENT FEE
IRS990/OtherExpensesGrp/Desc3SUNDRY
IRS990/OtherExpensesGrp/ProgramServicesAmt092281
IRS990/OtherExpensesGrp/ProgramServicesAmt148250
IRS990/OtherExpensesGrp/ProgramServicesAmt225803
IRS990/OtherExpensesGrp/ProgramServicesAmt317445
IRS990/OtherExpensesGrp/TotalAmt092281
IRS990/OtherExpensesGrp/TotalAmt148250
IRS990/OtherExpensesGrp/TotalAmt225803
IRS990/OtherExpensesGrp/TotalAmt317445
IRS990/OtherLiabilitiesGrp/BOYAmt052398
IRS990/OtherLiabilitiesGrp/EOYAmt017738
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0153924
IRS990/OtherSalariesAndWagesGrp/TotalAmt0153924
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt016116
IRS990/PayrollTaxesGrp/TotalAmt016116
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014041
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt013821
IRS990/PrincipalOfficerNm0PERRY VIETTI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/Desc0NET RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0499182
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0499182
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01940
IRS990/PYOtherExpensesAmt0412453
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0376157
IRS990/PYRevenuesLessExpensesAmt0-214608
IRS990/PYSalariesCompEmpBnftPaidAmt0180252
IRS990/PYTotalExpensesAmt0592705
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0378097
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-75436
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0499182
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02319
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01940
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0771
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05130
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0499182
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0376157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0402199
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0371798
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0372943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02022279
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02319
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01940
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0771
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05130
IRS990ScheduleA/InvestmentIncomeCYPct00.00250
IRS990ScheduleA/InvestmentIncomePYPct00.00150
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99750
IRS990ScheduleA/PublicSupportPY509Pct00.99850
IRS990ScheduleA/PublicSupportTotal509Amt02022279
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0499182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0376157
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0402199
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0371798
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0372943
IRS990ScheduleA/Total509Grp/TotalAmt02022279
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0501501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0378097
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0402970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0371896
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0372945
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02027409
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03440178
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02156892
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05597070
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0576937
IRS990ScheduleD/LandGrp/BookValueAmt043100
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt043100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt034659
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0286538
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0321197
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012876
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12142
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22720
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED MANAGEMENT FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSIT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0501501
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03517937
IRS990ScheduleD/TotalExpensesPerForm990Amt0576937
IRS990ScheduleD/TotalLiabilityAmt017738
IRS990ScheduleD/TotalRevenuePerForm990Amt0501501
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0501501
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0576937
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 11B EXPLANATION - A DRAFT COPY OF THE FORM 990 AND RELATED SCHEDULES IS CIRCULATED BY THE BOARD MEMBERS ALONG WITH COPIES OF THE AUDITED FINANCIAL STATEMENTS FOR REVIEW AND COMMENT PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SALARIES AND WAGES SHOWN FOR INDEPENDENCE HOUSE, LLC WERE REPORTED ON FORM W-3 BY A COMMON PAY MASTER, INTERFAITH MANAGEMENT SERVICES, LLC. INDEPENDENCE HOUSE LLC'S ALLOCATED SHARE IS PROPERLY SHOWN ON FORM 990, PART IX, LINE 7, AS PROGRAM SERVICE EXPENSE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990, PART X, LINE 23 DETAILS MORTGAGES OWED: ILLINOIS HOUSING DEVELOPMENT AUTHORITY PURPOSE: ACQUISITION AND OPERATION DATES AMOUNTS MARCH 23, 2003 ORIG:$2,159,818 BOY: $2,142,118 EOY: $2,140,918 TERMS SECURITY 0.0% PER ANNUM., MATURE MARCH 31, 2034 R/E MONTHLY PAYMENT OF $100.00 FOR PRIN DATES AMOUNTS MARCH 23, 2003 ORIG:$3,000,000 BOY: $3,000,000 EOY: $3,000,000 TERMS SECURITY 0.0% PER ANNUM., MATURE MARCH 31, 2034 R/E BALLOON PAYMENT AT MATURITY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. THERE WERE NO CHANGES IN THE ORGANIZATION'S OVERSIGHT PROCESS OR ELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART X LINE 23
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03843642
IRS990/TotalAssetsEOYAmt03666970
IRS990/TotalAssetsGrp/BOYAmt03843642
IRS990/TotalAssetsGrp/EOYAmt03666970
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09415
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0567522
IRS990/TotalFunctionalExpensesGrp/TotalAmt0576937
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05289921
IRS990/TotalLiabilitiesEOYAmt05188685
IRS990/TotalLiabilitiesGrp/BOYAmt05289921
IRS990/TotalLiabilitiesGrp/EOYAmt05188685
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1446279
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1521715
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0567522
IRS990/TotalProgramServiceRevenueAmt0499182
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02319
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0499182
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0501501
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03843642
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03666970
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0411 S WELLS STREET NO 401
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060607
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PERRY VIETTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03122748200
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INDEPENDENCE HOUSE LLC
ReturnHeader/Filer/BusinessNameControlTxt0INDE
ReturnHeader/Filer/EIN0320056642
ReturnHeader/Filer/PhoneNum03122748200
ReturnHeader/Filer/USAddress/AddressLine1Txt0411 S WELLS STREET NO 401
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060607
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DA39A3EE5E6B4B0D3255BFEF95601890AFD80709
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId065FE5FD5A37F4D8B9A53375A397F3466C0CDA0E4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0174.221.13.250
ReturnHeader/FilingSecurityInformation/IPDt02020-09-24
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm011:05:43
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0430765316
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUBINBROWN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0225 W WACKER DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CHICAGO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03124251099
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRUCE SCHIFF
ReturnHeader/ReturnTs02020-09-24T11:07:22-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,666,970
Liabilities
$5,188,685
Net assets
-$1,521,715
Revenue
$501,501
Expenses
$576,937
Net income
-$75,436
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.41$5.33$1.92$0.49$0.67$0.18
2023Detailed filing. Detailed filing data is available for this year.$3.57$5.31$1.73$0.91$0.58$0.33
2022Detailed filing. Detailed filing data is available for this year.$3.28$5.34$2.07$0.41$0.63$0.22
2021Detailed filing. Detailed filing data is available for this year.$3.44$5.29$1.85$0.54$0.72$0.18
2020Detailed filing. Detailed filing data is available for this year.$3.56$5.23$1.67$0.54$0.68$0.14
2019Detailed filing. Detailed filing data is available for this year.$3.67$5.19$1.52$0.50$0.58$0.08
2018Detailed filing. Detailed filing data is available for this year.$3.84$5.29$1.45$0.38$0.59$0.21
2017Detailed filing. Detailed filing data is available for this year.$3.98$5.21$1.23$0.40$0.54$0.14