Civic Intelligence

Woodlawn Community Development Corp

EIN 36-2747743 • 501(c)3 • Naperville, IL

Profile

To provide low and moderate income housing for qualified residents in the chicago area.

1064 104th Street 100Naperville, IL 60564

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

1st percentile

-10256%

Higher net margin than 1% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Assets

Down

$0

Down $13,961,230 (-100%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$0

Down $13,961,230 (-100%) from 2023

Revenue

Up

$71,847

Up $501,040 (+117%) from 2023

Expenses

Up

$7,440,508

Up $2,822,013 (+61%) from 2023

Net Income

Down

-$7,368,661

Down $2,320,973 (-46%) from 2023

Trend Graphs

Balance Sheet Trend

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

$100M$50M$0Assets 2013: $63,091,036Liabilities 2013: $58,803,205Net Assets 2013: $4,287,8312013Assets 2014: $82,326,122Liabilities 2014: $71,481,905Net Assets 2014: $10,844,2172014Assets 2016: $26,704,385Liabilities 2016: $6,014,480Net Assets 2016: $20,689,9052016Assets 2021: $21,243,830Liabilities 2021: $4,314,905Net Assets 2021: $16,928,9252021Assets 2022: $23,108,144Liabilities 2022: $4,099,226Net Assets 2022: $19,008,9182022Assets 2023: $13,961,230Liabilities 2023: $0Net Assets 2023: $13,961,2302023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2024

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$10M$5.0M$0-$5.0M-$10MExpenses 2013: $2,524,4212013Revenue 2014: $5,935,046Expenses 2014: $7,869,652Net Income 2014: -$1,934,6062014Revenue 2016: $2,470,981Expenses 2016: $2,664,220Net Income 2016: -$193,2392016Revenue 2021: -$95,751Expenses 2021: $1,836,693Net Income 2021: -$1,932,4442021Revenue 2022: $3,892,809Expenses 2022: $1,394,169Net Income 2022: $2,498,6402022Revenue 2023: -$429,193Expenses 2023: $4,618,495Net Income 2023: -$5,047,6882023Revenue 2024: $71,847Expenses 2024: $7,440,508Net Income 2024: -$7,368,6612024

Highlighted filing

2024

Revenue$71,847
Expenses$7,440,508
Net Income-$7,368,661

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$71,847
Mission and Program Overview

Mission

To provide low and moderate income housing for qualified residents in the chicago area.

Prior to the filing of the Chapter 7 bankruptcy, the organization's mission was to provide low and moderate income housing for qualified residents in the Chicago area.

Program Services

DescriptionGrantsExpenses
Prior to the filing of the Chapter 7 bankruptcy the organization had provided hundreds of units of housing to Chicago Area Residents.This is the final income tax return for this bankrupt entity for tax year 2023.-$7,440,508
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sandra E HarrisTreasurer-$0--
Governance and Compliance

Governance Explanations

Form 990, Part VI, Line 2 - Business or Family Relationship of Officer

See Schedule O

Form 990, Part VI, Line 9 - Officer, Director, Trustee, Key Employee M

See Schedule O

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

See Form 8275 and other footnotes in Schedule O

Form 990, Part VI, Line 18 - Explanation of Other Means Forms Availabl

See Form 8275

Form 990, Part VI, Line 19 - Other Organization Documents Publicly Ava

See Form 8275

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

Gina B. Krol, TrusteeSee Form 8275

Form 990, Part VI, Line 7B Decisions of Governing Body Approval by Mem

Gina B. Krol, TrusteeSee Form 8275

Filing and Contact Details

Filer

Filer Name
Woodlawn Community Development
EIN
36-2747743
Phone
3123680300
Address
1064 104th Street 100, Naperville, IL 60564

Signing Officer

Name
Gina B Krol
Title
Bankruptcy Trustee
Signed
2025-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Alan D Lasko & Assoc PC
Address
205 West Randolph St Suite 1150, Chicago, IL 60606
Preparer
Alan D Lasko
Phone
3123321302
Supplemental Narrative

Additional Explanations

Other Revenue.1

Interest Income $71847

Other Expenses.1

Bad Debt $6702730

Other Assets.1005

Accounts Receivable - Beginning $10845133 Accounts Receivable - Ending $0

Raw XML Appendix165 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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IRS990EZ/BooksInCareOfDetail/PhoneNum03123680300
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060602
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03116097
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Prior to the filing of the Chapter 7 bankruptcy the organization had provided hundreds of units of housing to Chicago Area Residents.This is the final income tax return for this bankrupt entity for tax year 2023.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07440508
IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt07440508
IRS990EZ/TotalProgramServiceExpensesAmt07440508
IRS990EZ/TotalRevenueAmt071847
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0259552
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IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt074847
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt074847
IRS990ScheduleA/InvestmentIncomeCYPct00.01380
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt03474562
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0193370
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01417367
IRS990ScheduleA/OtherIncome509Grp/TotalAmt05085299
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PrivateFoundation509Ind0X
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.04790
IRS990ScheduleA/PublicSupportTotal509Amt0259552
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0259552
IRS990ScheduleA/Total509Grp/TotalAmt0259552
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt074847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt03474562
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01676919
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05419698
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0false
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
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IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0Cash
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02023-11-01
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt06592569
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0Exempt Organization
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0n/a
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990ScheduleN/SupplementalInformationDetail/ExplanationTxt0The Exempt Organization had filed for Chapter 11 Bankruptcy on October 24, 2018. Gina B. Krol was appointed the Chapter 11 Bankruptcy Trustee in the Northern District of Illinois- Eastern Division (Bk#18-29862).The Chapter 11 trustee finalized the legal proceedings. This bankrupt taxpayer's year 2023 return is being submitted to the service as a final return.Also See Form 8275 and Page 1 of the Bankruptcy Court Docket for further documentation.
IRS990ScheduleN/SupplementalInformationDetail/FormAndLineReferenceDesc0Sch N, Part III, Additional Information
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Interest Income $71847
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Bad Debt $6702730
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Accounts Receivable - Beginning $10845133 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3See Schedule O
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4See Schedule O
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5See Form 8275 and other footnotes in Schedule O
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6See Form 8275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7See Form 8275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Gina B. Krol, TrusteeSee Form 8275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Gina B. Krol, TrusteeSee Form 8275
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Revenue.1
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 18 - Explanation of Other Means Forms Availabl
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part VI, Line 3, Description of Duties to Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part VI, Line 7b Decisions of Governing Body Approval by Mem
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Gina B Krol
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Bankruptcy Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Woodlawn Community Development
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Corporation
ReturnHeader/Filer/BusinessNameControlTxt0WOOD
ReturnHeader/Filer/EIN0362747743
ReturnHeader/Filer/PhoneNum03123680300
ReturnHeader/Filer/USAddress/AddressLine1Txt01064 104th Street 100
ReturnHeader/Filer/USAddress/CityNm0Naperville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060564
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0364203787
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Alan D Lasko & Assoc PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0205 West Randolph St Suite 1150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Chicago
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060606
ReturnHeader/PreparerPersonGrp/PhoneNum03123321302
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alan D Lasko
ReturnHeader/ReturnTs02025-05-12T13:02:26-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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