Civic Intelligence

Woodlawn Community Development Corporation

990EZ • Fiscal year 2024 • EIN 36-2747743

Jul 01, 2023 to Jun 30, 2024 • Filed on May 12, 2025

Organization ProfileN/A
1064 104th Street 100Naperville, IL 60564

(312) 368-0300

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2024

Net Margin

1st percentile

-10256%

Higher net margin than 1% of similar nonprofits.

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

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

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

Asset Growth

3rd percentile

-100%

Faster asset growth than 3% of similar nonprofits.

2024 filings • 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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

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

Net Assets

Down

$0

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

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

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

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$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
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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
Open 2024 Filing
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
Top Officer Pay79th percentile

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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0Gina B Krol BKTrustee
IRS990EZ/BooksInCareOfDetail/PhoneNum03123680300
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0105 W Madison Street 1100
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060602
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt03116097
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-7368661
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0737778
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt013961230
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt071847
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt013961230
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt013961230
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Sandra E Harris
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt010845133
IRS990EZ/OtherChangesInNetAssetsAmt0-6592569
IRS990EZ/OtherExpensesTotalAmt06702730
IRS990EZ/OtherRevenueTotalAmt071847
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Prior 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.
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
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt07440508
IRS990EZ/TotalProgramServiceExpensesAmt07440508
IRS990EZ/TotalRevenueAmt071847
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0259552
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0259552
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt074847
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt074847
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
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0193370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01676919
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05419698
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/AttorneyGeneralNotifiedInd0false
IRS990ScheduleN/BondLiabilitiesDischargedInd0false
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 2 - Business or Family Relationship of Officer
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 9 - Officer, Director, Trustee, Key Employee M
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 11b - Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 18 - Explanation of Other Means Forms Availabl
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part VI, Line 19 - Other Organization Documents Publicly Ava
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

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$71,847
Expenses
$7,440,508
Net income
-$7,368,661
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.07$7.44$7.37
2023Detailed filing. Detailed filing data is available for this year.$14.0$0.00$14.0$0.43$4.62$5.05
2022Detailed filing. Detailed filing data is available for this year.$23.1$4.10$19.0$3.89$1.39$2.50
2021Detailed filing. Detailed filing data is available for this year.$21.2$4.31$16.9$0.10$1.84$1.93
2016Detailed filing. Detailed filing data is available for this year.$26.7$6.01$20.7$2.47$2.66$0.19
2014Detailed filing. Detailed filing data is available for this year.$82.3$71.5$10.8$5.94$7.87$1.93
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$63.1$58.8$4.29$2.52