Civic Intelligence

Ebenezer Primm Towers Inc.

990 • Fiscal year 2021 • EIN 36-2700973

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 02, 2021

8201 W 183rd Street Ste KTinley Park, IL 60487

(708) 444-4942

Siviq Scores

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

Liabilities / Assets

98th percentile

1.94x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

96th percentile

5.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

24th percentile

-0.7%

Higher net margin than 24% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

22nd percentile

-1.5%

Faster asset growth than 22% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

48th percentile

10%

Faster revenue growth than 48% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Down

$3,411,204

Down $52,178 (-1.5%) from 2020

Net Assets

Down

-$3,195,825

Down $9,513 (-0.3%) from 2020

Liabilities

Down

$6,607,029

Down $42,665 (-0.6%) from 2020

Revenue

Up

$1,321,208

Up $122,583 (+10%) from 2020

Expenses

Up

$1,330,721

Up $18,277 (+1.4%) from 2020

Net Income

Up

-$9,513

Up $104,306 (+92%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2017: $3,978,214Liabilities 2017: $6,955,750Net Assets 2017: -$2,977,5362017Assets 2018: $3,917,489Liabilities 2018: $6,856,053Net Assets 2018: -$2,938,5642018Assets 2019: $3,701,648Liabilities 2019: $6,774,141Net Assets 2019: -$3,072,4932019Assets 2020: $3,463,382Liabilities 2020: $6,649,694Net Assets 2020: -$3,186,3122020Assets 2021: $3,411,204Liabilities 2021: $6,607,029Net Assets 2021: -$3,195,8252021Assets 2022: $3,156,402Liabilities 2022: $6,424,851Net Assets 2022: -$3,268,4492022Assets 2023: $4,981,249Liabilities 2023: $0Net Assets 2023: $4,981,2492023Assets 2024: $5,632,501Liabilities 2024: $0Net Assets 2024: $5,632,5012024

Highlighted filing

2021

Assets$3,411,204
Liabilities$6,607,029
Net Assets-$3,195,825

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2017: $1,208,694Expenses 2017: $1,194,222Net Income 2017: $14,4722017Revenue 2018: $1,244,807Expenses 2018: $1,205,835Net Income 2018: $38,9722018Revenue 2019: $1,184,023Expenses 2019: $1,317,952Net Income 2019: -$133,9292019Revenue 2020: $1,198,625Expenses 2020: $1,312,444Net Income 2020: -$113,8192020Revenue 2021: $1,321,208Expenses 2021: $1,330,721Net Income 2021: -$9,5132021Revenue 2022: $1,298,541Expenses 2022: $1,371,165Net Income 2022: -$72,6242022Revenue 2023: $8,348,476Expenses 2023: $98,778Net Income 2023: $8,249,6982023Revenue 2024: $151,252Expenses 2024: $0Net Income 2024: $151,2522024

Highlighted filing

2021

Revenue$1,321,208
Expenses$1,330,721
Net Income-$9,513
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 2, 2021
Return Version
2020v4.0
Gross Receipts
$1,321,208
Mission and Program Overview

Mission

To provide affordable for eligible low - income tenants

To provided affordable for eligible low - income tenants

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,767,250$2,648,237▼ $119,013
Intangible Assets$154,135$149,067▼ $5,068
Prepaid Expenses and Deferred Charges$33,590$115,215▲ $81,625
Cash and Non-Interest-Bearing Accounts$50,278$47,671▼ $2,607
Accounts Receivable$9,146$11,224▲ $2,078
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$3,463,382$3,411,204▼ $52,178
Other Assets Total$448,983$439,790▼ $9,193
Liabilities
Mortgage Notes Payable Secured by Investment Property$6,552,953$6,439,325▼ $113,628
Accounts Payable and Accrued Expenses$54,722$125,687▲ $70,965
Other Liabilities$42,019$42,017▼ $2
Total Liabilities$6,649,694$6,607,029▼ $42,665
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-3,186,312$-3,195,825▼ $9,513
Total Net Assets Fund Balance$-3,186,312$-3,195,825▼ $9,513
Total Liabilities and Net Assets / Fund Balance$3,463,382$3,411,204▼ $52,178

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,515,075$5,998,701$8,513,760
Equipment$4,955$172,150$177,105
Land$123,539-$123,539
Other Land Buildings$4,668$68,968$73,636
Other Assets Org$30,037--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Rev Deborah ScottPresident
Monica MartinVice President
Burvin SaundersDirector
Cornell RichardsonDirector
Phoebe BradfordDirector
Ann WilsonSecretary
Carolyn WhartonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,321,162
Investment Income
$46
Other Revenue
$0
Change in Net Assets
$-9,513
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,027,242
Salaries, Compensation, and Employee Benefits$303,479
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$253,179--$253,179
Other Salaries and Wages$248,790--$248,790
Depreciation Depletion$239,618--$239,618
Fees for Services Management$93,732--$93,732
Office Expenses$53,390--$53,390
All Other Expenses$47,528--$47,528
Insurance$37,978--$37,978
Other Employee Benefits$34,982--$34,982
Fees for Services Accounting$30,287--$30,287
Other Expenses$28,640--$28,640
Payroll Taxes$19,707--$19,707
Fees for Services Legal$175--$175
Total Functional Expenses$1,330,721$0$0$1,330,721
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$28,835
Prepaid Revenue$13,182
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

A management company is engaged to manage day to day operations of rental activities.

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

Draft return is reviewed by the organization's officers prior to filing.

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

Management company monitors compliance as part of the management agreement.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Organization consistently reviews and monitors compensation packages against current market rates.

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

All information is available upon request at the organization's office during normal business hours.

Filing and Contact Details

Filer

Filer Name
Ebenezer Primm Towers Inc
EIN
36-2700973
Phone
7084444942
Address
8201 W 183RD STREET STE K, TINLEY PARK, IL 60487

Signing Officer

Name
Rev Deborah Scott
Title
President
Signed
2021-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Deborah Scott
Formed
1972
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0

Preparer

Firm
Wieland & Company Inc
Address
232 S Batavia Avenue, Batavia, IL 60510
Preparer
Paul H Wieland
Phone
6304064490
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Organization is tax exempt under Internal Revenue Code Section 501(c)(3), is classified as a public charity and has no unrelated business income. Accordingly, no provision for income taxes is reported. The financial statement effects of a tax position taken or expected to be taken are recognized when it is more than likely than not, based on technical merits, that the position will be sustained upon examination. As of June 30, 2019, the Organization had no uncertain tax positions that qualify for recognition or disclosure in the financial statements.

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IRS990/ProgramServiceRevenueGrp/Desc2TENANT CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0338820
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1979083
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23259
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0338820
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1979083
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23259
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0224
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01009985
IRS990/PYProgramServiceRevenueAmt01198401
IRS990/PYRevenuesLessExpensesAmt0-113819
IRS990/PYSalariesCompEmpBnftPaidAmt0302459
IRS990/PYTotalExpensesAmt01312444
IRS990/PYTotalRevenueAmt01198625
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-9513
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01321162
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0224
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0315
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0286
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0236
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01061
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01198401
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01183708
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01244521
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01208458
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04835088
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0224
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0315
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0286
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0236
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01061
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt04835088
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01198401
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01183708
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01244521
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01208458
IRS990ScheduleA/Total509Grp/TotalAmt04835088
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01198625
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01184023
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01244807
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01208694
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04836149
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt02515075
IRS990ScheduleD/BuildingsGrp/DepreciationAmt05998701
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt016
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08513760
IRS990ScheduleD/EquipmentGrp/BookValueAmt04955
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0172150
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0177105
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0123539
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0123539
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt049500
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt153448
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2274488
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt332317
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt430037
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM PRIOR MGMT AGENT
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVE
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc4TENANAT SECURITY DEPOSITS
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04668
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt068968
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt073636
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013182
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt128835
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is tax exempt under Internal Revenue Code Section 501(c)(3), is classified as a public charity and has no unrelated business income. Accordingly, no provision for income taxes is reported. The financial statement effects of a tax position taken or expected to be taken are recognized when it is more than likely than not, based on technical merits, that the position will be sustained upon examination. As of June 30, 2019, the Organization had no uncertain tax positions that qualify for recognition or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02648237
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0439790
IRS990ScheduleD/TotalLiabilityAmt042017
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A MANAGEMENT COMPANY IS ENGAGED TO MANAGE DAY TO DAY OPERATIONS OF RENTAL ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DRAFT RETURN IS REVIEWED BY THE ORGANIZATION'S OFFICERS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT COMPANY MONITORS COMPLIANCE AS PART OF THE MANAGEMENT AGREEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION CONSISTENTLY REVIEWS AND MONITORS COMPENSATION PACKAGES AGAINST CURRENT MARKET RATES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL INFORMATION IS AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICE DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0JACOB BLAKE MANOR LTD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0365083089
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVISION OF AFFORDABLE HOUSING LOW INCO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0ACTIVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt08201 W 183RD ST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0TINLEY PARK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060487
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false

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