Civic Intelligence

Independence House L L C

990 • Fiscal year 2020 • EIN 32-0056642

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 08, 2021

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

97th percentile

1.47x

Higher debt load relative to assets than 97% of similar nonprofits.

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

Liabilities / Revenue

98th percentile

9.76x

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

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

Net Margin

13th percentile

-27%

Higher net margin than 13% 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

21st percentile

-2.9%

Faster asset growth than 21% of similar nonprofits.

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

Revenue Growth

61st percentile

6.8%

Faster revenue growth than 61% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets97th percentile

Assets

Down

$3,560,505

Down $106,465 (-2.9%) from 2019

Net Assets

Down

-$1,665,860

Down $144,145 (-9.5%) from 2019

Liabilities

Up

$5,226,365

Up $37,680 (+0.7%) from 2019

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin13th percentile

Revenue

Up

$535,734

Up $34,233 (+6.8%) from 2019

Expenses

Up

$679,879

Up $102,942 (+18%) from 2019

Net Income

Down

-$144,145

Down $68,709 (-91%) from 2019

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

2020

Assets$3,560,505
Liabilities$5,226,365
Net Assets-$1,665,860
Open 2020 Filing

Operations Trend

Revenue Growth61st 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

2020

Revenue$535,734
Expenses$679,879
Net Income-$144,145
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 8, 2021
Return Version
2020v4.1
Gross Receipts
$535,734
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$3,517,937$3,364,374▼ $153,563
Accounts Receivable$23,331$45,223▲ $21,892
Prepaid Expenses and Deferred Charges$13,821$20,150▲ $6,329
Cash and Non-Interest-Bearing Accounts$2,086$16,915▲ $14,829
Total Assets$3,666,970$3,560,505▼ $106,465
Other Assets Total$109,795$113,843▲ $4,048
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,140,918$5,139,718▼ $1,200
Accounts Payable and Accrued Expenses$24,885$58,051▲ $33,166
Other Liabilities$17,738$20,714▲ $2,976
Deferred Revenue$5,144$7,882▲ $2,738
Total Liabilities$5,188,685$5,226,365▲ $37,680
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,521,715$-1,665,860▼ $144,145
Total Net Assets Fund Balance$-1,521,715$-1,665,860▼ $144,145
Total Liabilities and Net Assets / Fund Balance$3,666,970$3,560,505▼ $106,465

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,300,252$2,296,818$5,597,070
Other Land Buildings$21,022$300,175$321,197
Land$43,100-$43,100
Compensation and Service Providers
Top Officer Pay37th 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
$535,362
Investment Income
$372
Other Revenue
$0
Change in Net Assets
$-144,145

Audited Revenue Reconciliation

Revenue per Audited Statements
$535,734
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$535,734
Total Revenue per Form 990
$535,734
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$496,391
Salaries, Compensation, and Employee Benefits$183,488
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$162,810--$162,810
Depreciation Depletion$153,563--$153,563
Fees for Services Legal$47,500--$47,500
Fees for Services Management$30,900--$30,900
Other Expenses$30,059--$30,059
All Other Expenses$27,862--$27,862
Insurance$20,970--$20,970
Payroll Taxes$14,981--$14,981
Fees for Services Accounting-$9,600-$9,600
Other Employee Benefits$5,697--$5,697
Office Expenses$537--$537
Total Functional Expenses$670,279$9,600$0$679,879

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$679,879
Total Expenses per Audited Statements$679,879
Total Expenses per Form 990$679,879
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
Accrued Management Fees$5,118
Security Deposit$2,720
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
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
2021-07-08
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: $2,140,918 eoy: $2,139,718 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 Appendix381 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/BOYAmt024885
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt058051
IRS990/AccountsReceivableGrp/BOYAmt023331
IRS990/AccountsReceivableGrp/EOYAmt045223
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE ORGANIZATION OWNS AND OPERATES A RESIDENTIAL FACILITY PRIMARILY FOR LOW-INCOME FAMILIES.
IRS990/AllOtherExpensesGrp/ProgramServicesAmt027862
IRS990/AllOtherExpensesGrp/TotalAmt027862
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
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/BOYAmt02086
IRS990/CashNonInterestBearingGrp/EOYAmt016915
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/CYInvestmentIncomeAmt0372
IRS990/CYOtherExpensesAmt0496391
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0535362
IRS990/CYRevenuesLessExpensesAmt0-144145
IRS990/CYSalariesCompEmpBnftPaidAmt0183488
IRS990/CYTotalExpensesAmt0679879
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0535734
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt05144
IRS990/DeferredRevenueGrp/EOYAmt07882
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0153563
IRS990/DepreciationDepletionGrp/TotalAmt0153563
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/ExpenseAmt0670279
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt09600
IRS990/FeesForServicesAccountingGrp/TotalAmt09600
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt047500
IRS990/FeesForServicesLegalGrp/TotalAmt047500
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt030900
IRS990/FeesForServicesManagementGrp/TotalAmt030900
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/GrossReceiptsAmt0535734
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXInd0X
IRS990/InsuranceGrp/ProgramServicesAmt020970
IRS990/InsuranceGrp/TotalAmt020970
IRS990/InvestmentIncomeGrp/ExclusionAmt0372
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0372
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02596993
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03517937
IRS990/LandBldgEquipBasisNetGrp/EOYAmt03364374
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/BOYAmt05140918
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt05139718
IRS990/NetAssetsOrFundBalancesBOYAmt0-1521715
IRS990/NetAssetsOrFundBalancesEOYAmt0-1665860
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-1521715
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-1665860
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ProgramServicesAmt0537
IRS990/OfficeExpensesGrp/TotalAmt0537
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0109795
IRS990/OtherAssetsTotalGrp/EOYAmt0113843
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05697
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05697
IRS990/OtherExpensesGrp/Desc0UTILITIES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2PROPERTY REPAIRS
IRS990/OtherExpensesGrp/Desc3SUNDRY
IRS990/OtherExpensesGrp/ProgramServicesAmt081610
IRS990/OtherExpensesGrp/ProgramServicesAmt163246
IRS990/OtherExpensesGrp/ProgramServicesAmt230544
IRS990/OtherExpensesGrp/ProgramServicesAmt330059
IRS990/OtherExpensesGrp/TotalAmt081610
IRS990/OtherExpensesGrp/TotalAmt163246
IRS990/OtherExpensesGrp/TotalAmt230544
IRS990/OtherExpensesGrp/TotalAmt330059
IRS990/OtherLiabilitiesGrp/BOYAmt017738
IRS990/OtherLiabilitiesGrp/EOYAmt020714
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0162810
IRS990/OtherSalariesAndWagesGrp/TotalAmt0162810
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt014981
IRS990/PayrollTaxesGrp/TotalAmt014981
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013821
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt020150
IRS990/PrincipalOfficerNm0PERRY VIETTI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0NET RENTAL REVENUE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0535362
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0535362
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02319
IRS990/PYOtherExpensesAmt0400623
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0499182
IRS990/PYRevenuesLessExpensesAmt0-75436
IRS990/PYSalariesCompEmpBnftPaidAmt0176314
IRS990/PYTotalExpensesAmt0576937
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0501501
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-144145
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0535362
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0372
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02319
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01940
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0771
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt098
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05500
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0535362
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0499182
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0376157
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0402199
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0371798
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02184698
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0372
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02319
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01940
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0771
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt098
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05500
IRS990ScheduleA/InvestmentIncomeCYPct00.00250
IRS990ScheduleA/InvestmentIncomePYPct00.00250
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99750
IRS990ScheduleA/PublicSupportPY509Pct00.99750
IRS990ScheduleA/PublicSupportTotal509Amt02184698
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0535362
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0499182
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0376157
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0402199
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0371798
IRS990ScheduleA/Total509Grp/TotalAmt02184698
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0535734
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0501501
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0378097
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0402970
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0371896
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02190198
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt03300252
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02296818
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05597070
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0679879
IRS990ScheduleD/LandGrp/BookValueAmt043100
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt043100
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt021022
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0300175
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0321197
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012876
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15118
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt22720
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED MANAGEMENT FEES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSIT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0535734
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03364374
IRS990ScheduleD/TotalExpensesPerForm990Amt0679879
IRS990ScheduleD/TotalLiabilityAmt020714
IRS990ScheduleD/TotalRevenuePerForm990Amt0535734
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0535734
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0679879
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: $2,140,918 EOY: $2,139,718 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/TotalAssetsBOYAmt03666970
IRS990/TotalAssetsEOYAmt03560505
IRS990/TotalAssetsGrp/BOYAmt03666970
IRS990/TotalAssetsGrp/EOYAmt03560505
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09600
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0670279
IRS990/TotalFunctionalExpensesGrp/TotalAmt0679879
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05188685
IRS990/TotalLiabilitiesEOYAmt05226365
IRS990/TotalLiabilitiesGrp/BOYAmt05188685
IRS990/TotalLiabilitiesGrp/EOYAmt05226365
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-1521715
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-1665860
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0670279
IRS990/TotalProgramServiceRevenueAmt0535362
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0372
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0535362
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0535734
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03666970
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03560505
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PERRY VIETTI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum03122748200
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-08
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/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/ReturnTs02021-07-30T16:24:29-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PERRY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0VIETTI
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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
$3,560,505
Liabilities
$5,226,365
Net assets
-$1,665,860
Revenue
$535,734
Expenses
$679,879
Net income
-$144,145
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