Civic Intelligence

North River Commission

990 • Fiscal year 2016 • EIN 36-2526797

Jul 01, 2015 to Jun 30, 2016 • Filed on May 09, 2017

3403 W Lawrence AveChicago, IL 60625

(773) 478-0202

Siviq Scores

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

Liabilities / Assets

94th percentile

0.97x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

94th percentile

0.68x

Higher debt load relative to revenue than 94% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

11th percentile

-35%

Higher net margin than 11% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

17th percentile

-25%

Faster asset growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

14th percentile

-37%

Faster revenue growth than 14% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$216,739

Down $74,010 (-25%) from 2015

Net Assets

Down

$7,356

Down $87,228 (-92%) from 2015

Liabilities

Up

$209,383

Up $13,218 (+6.7%) from 2015

Revenue

Down

$309,041

Down $184,784 (-37%) from 2015

Expenses

Down

$417,562

Down $91,558 (-18%) from 2015

Net Income

Down

-$108,521

Down $93,226 (-610%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2012: $142,339Liabilities 2012: $54,607Net Assets 2012: $87,7322012Assets 2013: $169,982Liabilities 2013: $55,398Net Assets 2013: $114,5842013Assets 2014: $218,960Liabilities 2014: $109,081Net Assets 2014: $109,8792014Assets 2015: $290,749Liabilities 2015: $196,165Net Assets 2015: $94,5842015Assets 2016: $216,739Liabilities 2016: $209,383Net Assets 2016: $7,3562016Assets 2017: $286,883Liabilities 2017: $297,152Net Assets 2017: -$10,2692017Assets 2018: $926,019Liabilities 2018: $8,420Net Assets 2018: $917,5992018Assets 2020: $993,537Liabilities 2020: $69,145Net Assets 2020: $924,3922020Assets 2021: $1,073,593Liabilities 2021: $70,429Net Assets 2021: $1,003,1642021Assets 2022: $1,299,036Liabilities 2022: $211,694Net Assets 2022: $1,087,3422022Assets 2023: $11,256,717Liabilities 2023: $9,553,556Net Assets 2023: $1,703,1612023Assets 2024: $10,852,273Liabilities 2024: $9,619,766Net Assets 2024: $1,232,5072024

Highlighted filing

2016

Assets$216,739
Liabilities$209,383
Net Assets$7,356

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $375,5392012Expenses 2013: $496,9562013Revenue 2014: $547,746Expenses 2014: $534,860Net Income 2014: $12,8862014Revenue 2015: $493,825Expenses 2015: $509,120Net Income 2015: -$15,2952015Revenue 2016: $309,041Expenses 2016: $417,562Net Income 2016: -$108,5212016Revenue 2017: $278,441Expenses 2017: $305,241Net Income 2017: -$26,8002017Revenue 2018: $1,352,202Expenses 2018: $424,334Net Income 2018: $927,8682018Revenue 2020: $952,174Expenses 2020: $943,884Net Income 2020: $8,2902020Revenue 2021: $927,894Expenses 2021: $849,122Net Income 2021: $78,7722021Revenue 2022: $1,669,783Expenses 2022: $1,610,486Net Income 2022: $59,2972022Revenue 2023: $2,790,960Expenses 2023: $2,056,918Net Income 2023: $734,0422023Revenue 2024: $2,281,188Expenses 2024: $1,605,624Net Income 2024: $675,5642024

Highlighted filing

2016

Revenue$309,041
Expenses$417,562
Net Income-$108,521
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
May 9, 2017
Return Version
2015v3.0
Gross Receipts
$309,041
Mission and Program Overview

Mission

Plan and implement activities that include housing rehabilitation and management, commercial revitalization, educational improvement, crime prevention and general neighborhood and community development. The organization serves thousands of people in the northwest section of chicago, illinois.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$107,602$60,431▼ $47,171
Accounts Receivable$86,251$57,816▼ $28,435
Prepaid Expenses and Deferred Charges$482--
Land, Buildings, and Equipment, Net$158--
Total Assets$290,749$216,739▼ $74,010
Other Assets Total$96,256$98,492▲ $2,236
Liabilities
Other Liabilities$100,000$100,000→ $0
Unsecured Notes Loans Payable$75,000$75,000→ $0
Accounts Payable and Accrued Expenses$15,365$28,383▲ $13,018
Deferred Revenue$5,800$6,000▲ $200
Total Liabilities$196,165$209,383▲ $13,218
Net Assets / Fund Balance
Temporarily Rstr Net Assets$52,928$17,857▼ $35,071
Unrestricted Net Assets$41,656$-10,501▼ $52,157
Total Net Assets Fund Balance$94,584$7,356▼ $87,228
Total Liabilities and Net Assets / Fund Balance$290,749$216,739▼ $74,010

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$45,075-$45,075
Leasehold Improvements$22,340-$22,340
Other Assets Org$500--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Ron DuplackPresident
Andrew SchwebelFinancial Se
John FriedmannFirst Vice P
Gretchen HelmreichSecretary
David RowndTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$279,054
Program Service Revenue
$25,000
Investment Income
$30
Other Revenue
$4,957
All Other Contributions
$244,212
Change in Net Assets
$-108,521

Audited Revenue Reconciliation

Revenue per Audited Statements
$309,041
Total Revenue per Audited Statements
$309,041
Total Revenue per Form 990
$309,041
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$275,107
Other Expenses$142,455
Total Fundraising Expense$13,783
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$209,742$16,497$9,427$235,666
Other Employee Benefits$35,102$2,761$1,578$39,441
Fees for Services Other$16,904$1,329$760$18,993
Other Expenses$24,541$14,178$1,546$14,178
Insurance$7,933$624$357$8,914
Interest$6,299$202$115$6,616
All Other Expenses$783--$783
Depreciation Depletion-$159-$159
Total Functional Expenses$366,565$37,214$13,783$417,562

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$417,562
Total Expenses per Audited Statements$417,562
Total Expenses per Form 990$417,562
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
Notes Payable$100,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

President of board and other key members review form 990.

Form 990, Page 6, Part VI, Line 12C

Board of directors dicuss issues of monitoring and enforcement of conflicts at boad meetings and self monitor.

Form 990, Page 6, Part VI, Line 15A

Personnel committee reviews compensations for executive director and staff and makes recommendation to full board.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
North River Commission
EIN
36-2526797
Phone
7734780202
Address
3403 W LAWRENCE AVE, CHICAGO, IL 60625

Signing Officer

Name
Thomas Applegate
Title
Exec Director
Phone
7734780202
Signed
2017-05-09

Organization Details

Principal Officer
Ron Duplack
Formed
1995
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
5
Volunteers
113

Preparer

Firm
Arthur S Gunn Ltd
Address
900 SKOKIE BLVD STE 207, NORTHBROOK, IL 60062-4031
Preparer
Arthur S Gunn CPA
Phone
8474981597
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Plan and implement activities that include housing rehabilitation and management, commercial revitalization, educational improvement, crime prevention and general neighborhood and community development. The organization serves thousands of people in the northwest section of chicago, illinois.

Form 990, Page 2, Part III, Line 4D

ARTS AND CULTURE

Financial Statement Notes

Schedule D, Page 3, Part X

The organization is exempt from federal income taxes under section 501(c) (3) of the internal revenue code, except on net income derived from unrelated business activities. The organization is not involved in any venture which, in its opinion, is subject to tax on unrelated business income. Accordingly, the organization believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. The organization's federal exempt organization returns for the years ending june 30, 2013, 2014 and 2015 are subject to examination by the irs, generally for three years after they were filed. Additionally, all required payroll tax returns through june 30, 2015 have been filed. The organization has not been notified by the internal revenue service that they are subject to any examination at this time. Accordingly, the tax years prior to july 1, 2012 are considered closed. At the time of issuance of this audit report, the tax return for the year ended june 30, 2016 has not been filed and is on extension.

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.

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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0516848
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0462164
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0327962
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02026461
IRS990ScheduleA/TotalSupportAmt02062945
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IRS990ScheduleD/ExpensesSubtotalAmt0417562
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt022340
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt022340
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt097992
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1500
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SYNDICATION ADVANCES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1SECURITY DEPOSIT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INVESTMENT IN MAYFAIR COMMONS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0100000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0309041
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE, EXCEPT ON NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES. THE ORGANIZATION IS NOT INVOLVED IN ANY VENTURE WHICH, IN ITS OPINION, IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME. ACCORDINGLY, THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION RETURNS FOR THE YEARS ENDING JUNE 30, 2013, 2014 AND 2015 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. ADDITIONALLY, ALL REQUIRED PAYROLL TAX RETURNS THROUGH JUNE 30, 2015 HAVE BEEN FILED. THE ORGANIZATION HAS NOT BEEN NOTIFIED BY THE INTERNAL REVENUE SERVICE THAT THEY ARE SUBJECT TO ANY EXAMINATION AT THIS TIME. ACCORDINGLY, THE TAX YEARS PRIOR TO JULY 1, 2012 ARE CONSIDERED CLOSED. AT THE TIME OF ISSUANCE OF THIS AUDIT REPORT, THE TAX RETURN FOR THE YEAR ENDED JUNE 30, 2016 HAS NOT BEEN FILED AND IS ON EXTENSION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt098492
IRS990ScheduleD/TotalExpensesPerForm990Amt0417562
IRS990ScheduleD/TotalLiabilityAmt0100000
IRS990ScheduleD/TotalRevenuePerForm990Amt0309041
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PLAN AND IMPLEMENT ACTIVITIES THAT INCLUDE HOUSING REHABILITATION AND MANAGEMENT, COMMERCIAL REVITALIZATION, EDUCATIONAL IMPROVEMENT, CRIME PREVENTION AND GENERAL NEIGHBORHOOD AND COMMUNITY DEVELOPMENT. THE ORGANIZATION SERVES THOUSANDS OF PEOPLE IN THE NORTHWEST SECTION OF CHICAGO, ILLINOIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ARTS AND CULTURE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PRESIDENT OF BOARD AND OTHER KEY MEMBERS REVIEW FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS DICUSS ISSUES OF MONITORING AND ENFORCEMENT OF CONFLICTS AT BOAD MEETINGS AND SELF MONITOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PERSONNEL COMMITTEE REVIEWS COMPENSATIONS FOR EXECUTIVE DIRECTOR AND STAFF AND MAKES RECOMMENDATION TO FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TerminateOperationsInd0false
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IRS990/TotalContributionsAmt0279054
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt013783
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037214
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0366565
IRS990/TotalFunctionalExpensesGrp/TotalAmt0417562
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0196165
IRS990/TotalLiabilitiesEOYAmt0209383
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IRS990/TotalLiabilitiesGrp/EOYAmt0209383
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt094584
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07356
IRS990/TotalOtherProgSrvcExpenseAmt061893
IRS990/TotalProgramServiceExpensesAmt0366565
IRS990/TotalProgramServiceRevenueAmt025000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt029987
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0309041
IRS990/TotalVolunteersCnt0113
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04731 N KNOX
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060630
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IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.NORTHRIVERCOMMISSION.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS APPLEGATE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXEC DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07734780202
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORTH RIVER COMMISSION
ReturnHeader/Filer/BusinessNameControlTxt0NORT
ReturnHeader/Filer/EIN0362526797
ReturnHeader/Filer/PhoneNum07734780202
ReturnHeader/Filer/USAddress/AddressLine1Txt03403 W LAWRENCE AVE
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060625
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARTHUR S GUNN LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 SKOKIE BLVD STE 207
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NORTHBROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0600624031
ReturnHeader/PreparerPersonGrp/PhoneNum08474981597
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ARTHUR S GUNN CPA
ReturnHeader/ReturnTs02017-05-10T12:57:18-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-07-01
ReturnHeader/TaxPeriodEndDt02016-06-30
ReturnHeader/TaxYr02015

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