Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
990 • Fiscal year 2020 • EIN 36-2788088
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
83rd percentile
Higher debt load relative to assets than 83% of similar nonprofits.
Liabilities / Revenue
64th percentile
Higher debt load relative to revenue than 64% of similar nonprofits.
Net Margin
42nd percentile
Higher net margin than 42% of similar nonprofits.
Top Officer Pay
98th percentile
Higher top officer pay than 98% of similar nonprofits.
Top officer pay equals 46.0% of source-year revenue.
Asset Growth
87th percentile
Faster asset growth than 87% of similar nonprofits.
Revenue Growth
41st percentile
Faster revenue growth than 41% of similar nonprofits.
Assets
Up$229,553
Up $57,061 (+33%) from 2019
Net Assets
Up$136,802
Up $23,126 (+20%) from 2019
Liabilities
Up$92,751
Up $33,935 (+58%) from 2019
Revenue
Down$543,858
Down $29,595 (-5.2%) from 2019
Expenses
Down$520,732
Down $25,846 (-4.7%) from 2019
Net Income
Down$23,126
Down $3,749 (-14%) from 2019
To enhance the quality of life and economic health of Oak Park by:-Expanding its property tax base-Increasing sales tax revenue-Creating jobs in the Village-Retaining jobs in the Village
To attract and promote investment and development in Oak Park with the objectives of:-Expanding the property tax base-Increasing sales tax revenue-Creating jobs in the Village-Retaining jobs in the Village
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $125,720 | $188,753 | ▲ $63,033 |
| Cash and Non-Interest-Bearing Accounts | $29,039 | $24,109 | ▼ $4,930 |
| Land, Buildings, and Equipment, Net | $11,046 | $10,059 | ▼ $987 |
| Prepaid Expenses and Deferred Charges | $6,687 | $6,632 | ▼ $55 |
| Accounts Receivable | - | $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 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Total Assets | $172,492 | $229,553 | ▲ $57,061 |
| Other Assets Total | - | $0 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $58,816 | $63,624 | ▲ $4,808 |
| Grants Payable | - | $29,127 | - |
| Total Liabilities | $58,816 | $92,751 | ▲ $33,935 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $113,676 | $136,802 | ▲ $23,126 |
| Total Net Assets Fund Balance | $113,676 | $136,802 | ▲ $23,126 |
| Total Liabilities and Net Assets / Fund Balance | $172,492 | $229,553 | ▲ $57,061 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Leasehold Improvements | $9,986 | $7,514 | $17,500 |
| Other Land Buildings | $73 | $15,457 | $15,530 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| John Lynch | Executive Director | FT | $185,000 | $65,200 | $250,200 |
| Viktor M Schrader | Econ Dev Director | FT | $107,094 | $9,766 | $116,860 |
| Allison Marola | Office Mgr | FT | $48,700 | $1,800 | $50,500 |
| Name | Title |
|---|---|
| Jackie Barlow | Chairwoman |
| Cory Wesley | Vice-Chairman |
| Aaron Joseph | Director at Large |
| Anan Abu-Taleb | Director at large |
| Cara Pavlicek | Director at large |
| David Kennedy | Director at Large |
| Susan Buchanan | Director at Large |
| Bill Rogalla | Secretary |
| Sandeep Sood | Treasurer |
| Line Item | Amount |
|---|---|
| Salaries, Compensation, and Employee Benefits | $443,600 |
| Other Expenses | $77,132 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Current Officers, Directors, Trustees, and Key Employees | $223,330 | $24,814 | - | $248,144 |
| Other Salaries and Wages | $140,583 | $15,620 | - | $156,203 |
| Payroll Taxes | $23,981 | $2,665 | - | $26,646 |
| Occupancy | $16,303 | $1,812 | - | $18,115 |
| Fees for Services Accounting | $2,093 | $11,857 | - | $13,950 |
| Insurance | $8,846 | $983 | - | $9,829 |
| Other Employee Benefits | $6,270 | $697 | - | $6,967 |
| Pension Plan Contributions | $5,076 | $564 | - | $5,640 |
| Advertising | $4,750 | - | - | $4,750 |
| Office Expenses | - | $2,894 | - | $2,894 |
| Other Expenses | $159 | $2,052 | - | $2,052 |
| All Other Expenses | $699 | $1,261 | - | $1,960 |
| Depreciation Depletion | - | $987 | - | $987 |
| Fees for Services Other | $57 | $328 | - | $385 |
| Total Functional Expenses | $449,793 | $70,939 | $0 | $520,732 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $544,367 |
| Expenses per Audited Statements | $520,732 |
| Total Expenses per Form 990 | $520,732 |
| Expenses Not Reported on Form 990 | $23,635 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
“The Form 990 will be reviewed by the executive director of OPEDC prior to filing and a copy is supplied to the Board of Directors after it is accepted, if requested”
“Conflict of interest is reviewed and signed annually by all officers and directors. If projects arise during the year that create new conflicts, board members recuse themselves. New members are required to sign a conflict of interest immediately.”
“Compensation for the Executive Director is reviewed and determined by the Executive Members (all board members) of the OPEDC Board after the first of the year.”
“Compensation, other than the Executive Director, is determined by the Executive Director.”
“All information is available upon request.”
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/AccountantCompileOrReviewInd | 0 | false |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 58816 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 63624 |
| IRS990/AccountsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | false |
| IRS990/ActivityOrMissionDesc | 0 | To attract and promote investment and development in Oak Park with the objectives of:-Expanding the property tax base-Increasing sales tax revenue-Creating jobs in the Village-Retaining jobs in the Village |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 4750 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 4750 |
| IRS990/AllOtherContributionsAmt | 0 | 1469 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | 1261 |
| IRS990/AllOtherExpensesGrp/ProgramServicesAmt | 0 | 699 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | 1960 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | true |
| IRS990/AuditCommitteeInd | 0 | false |
| IRS990/BackupWthldComplianceInd | 0 | false |
| IRS990/BenefitsToMembersGrp/TotalAmt | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | John Lynch |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7083833838 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 104 N Oak Park |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Oak Park |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60301 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | false |
| IRS990/BusinessRlnWithFamMemInd | 0 | false |
| IRS990/BusinessRlnWithOrgMemInd | 0 | false |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 29039 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 24109 |
| IRS990/ChangeToOrgDocumentsInd | 0 | false |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | false |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 24814 |
| IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt | 0 | 223330 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 248144 |
| IRS990/CompDisqualPersonsGrp/TotalAmt | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | false |
| IRS990/CompensationProcessCEOInd | 0 | true |
| IRS990/CompensationProcessOtherInd | 0 | true |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | true |
| IRS990/ConservationEasementsInd | 0 | false |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | false |
| IRS990/CreditCounselingInd | 0 | false |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 543842 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 16 |
| IRS990/CYOtherExpensesAmt | 0 | 77132 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | 23126 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 443600 |
| IRS990/CYTotalExpensesAmt | 0 | 520732 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 543858 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | false |
| IRS990/DeductibleArtContributionInd | 0 | false |
| IRS990/DeductibleNonCashContriInd | 0 | false |
| IRS990/DelegationOfMgmtDutiesInd | 0 | false |
| IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt | 0 | 987 |
| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 987 |
| IRS990/Desc | 0 | Attraction and business development assistance for nine new businesses totaling approximately 23,000 square feet of leased space and $2,000,000 in private investment. Tenants open or expected in 2020 or early 2021 include:-Anfora Wines-Advent-Cross Function at the Arcade-Cigar Oasis-Dollop-Kids Create Studio-Orange Theory Fitness-Tacos el Tio-Victory ItalianAssistance with promotion and identification of developers for key private redevelopment sites including:-211 N Oak Park Ave-Sale and rehab of the Write Inn-400 Madison St-Commercial redevelopment-505 Ridgeland Ave-Potential redevelopment site-711 Madison St-Senior housing redevelopment by REDICO-835 Lake St-Apartment redevelopment by Michigan Ave Real Estate-855 Lake St-Sale and rehab of former Oak Hotel-915 S Maple Ave-Redevelopment of former Mohr Concrete facility-6000 Roosevelt Rd-Proposed Taco BellContinuing support for proposed projects that are awaiting public hearings and/or entitlement approval:-203 S Marion St-Mixed Use redevelopment by Focus-435 Madison St-Apartment redevelopment by Michigan Ave Real Estate-644 Madison-Redevelopment by Pete's Fresh Market |
| IRS990/DescribedInSection501c3Ind | 0 | false |
| IRS990/DisregardedEntityInd | 0 | false |
| IRS990/DocumentRetentionPolicyInd | 0 | true |
| IRS990/DonorAdvisedFundInd | 0 | false |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | false |
| IRS990/ElectionOfBoardMembersInd | 0 | true |
| IRS990/EmployeeCnt | 0 | 3 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | true |
| IRS990/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990/ExpenseAmt | 0 | 449793 |
| IRS990/FamilyOrBusinessRlnInd | 0 | false |
| IRS990/FederalGrantAuditRequiredInd | 0 | false |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 11857 |
| IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt | 0 | 2093 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 13950 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesLobbyingGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesManagementGrp/TotalAmt | 0 | 0 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 328 |
| IRS990/FeesForServicesOtherGrp/ProgramServicesAmt | 0 | 57 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 385 |
| IRS990/FeesForServicesProfFundraising/TotalAmt | 0 | 0 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | false |
| IRS990/ForeignFinancialAccountInd | 0 | false |
| IRS990/ForeignGrantsGrp/TotalAmt | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | false |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 0 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 1 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 2 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 3 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 4 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 5 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 6 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 7 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 8 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 9 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 10 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt | 11 | 0.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 11900 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 9766 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 1800 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | John Lynch |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Viktor M Schrader |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Allison Marola |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | Anan Abu-Taleb |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | Bill Rogalla |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | Cara Pavlicek |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | Cory Wesley |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | Susan Buchanan |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | Jackie Barlow |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | Sandeep Sood |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | David Kennedy |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | Aaron Joseph |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 238300 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 107094 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 48700 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Executive Dir. |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Econ Dev Dir |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Office Mgr |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | Dir at large |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Secretary |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | Dir at large |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | Vice-Chairman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | Dir at Large |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | Chairwoman |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | Dir at Large |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | Dir at Large |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | false |
| IRS990/FormationYr | 0 | 1974 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | false |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | true |
| IRS990/FundraisingActivitiesInd | 0 | false |
| IRS990/GamingActivitiesInd | 0 | false |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 9 |
| IRS990/GovernmentGrantsAmt | 0 | 542373 |
| IRS990/GrantsPayableGrp/EOYAmt | 0 | 29127 |
| IRS990/GrantsToDomesticIndividualsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 0 |
| IRS990/GrantsToIndividualsInd | 0 | false |
| IRS990/GrantsToOrganizationsInd | 0 | false |
| IRS990/GrantToRelatedPersonInd | 0 | false |
| IRS990/GrossReceiptsAmt | 0 | 543858 |
| IRS990/GroupReturnForAffiliatesInd | 0 | false |
| IRS990/IncludeFIN48FootnoteInd | 0 | false |
| IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | true |
| IRS990/IndependentVotingMemberCnt | 0 | 9 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/IndoorTanningServicesInd | 0 | false |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InformationTechnologyGrp/TotalAmt | 0 | 0 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 983 |
| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 8846 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 9829 |
| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
| IRS990/InterestGrp/TotalAmt | 0 | 0 |
| IRS990/InventoriesForSaleOrUseGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 16 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 16 |
| IRS990/InvestmentInJointVentureInd | 0 | false |
| IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsProgramRelatedGrp/EOYAmt | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 1 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 22971 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 11046 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 10059 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 33030 |
| IRS990/LegalDomicileStateCd | 0 | IL |
| IRS990/LoanOutstandingInd | 0 | false |
| IRS990/LocalChaptersInd | 0 | false |
| IRS990/MaterialDiversionOrMisuseInd | 0 | false |
| IRS990/MembersOrStockholdersInd | 0 | true |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | true |
| IRS990/MinutesOfGoverningBodyInd | 0 | true |
| IRS990/MissionDesc | 0 | To attract and promote investment and development in Oak Park with the objectives of:-Expanding the property tax base-Increasing sales tax revenue-Creating jobs in the Village-Retaining jobs in the Village |
| IRS990/MoreThan5000KToIndividualsInd | 0 | false |
| IRS990/MoreThan5000KToOrgInd | 0 | false |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 113676 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 136802 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 113676 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 136802 |
| IRS990/NondeductibleContributionsInd | 0 | false |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 1812 |
| IRS990/OccupancyGrp/ProgramServicesAmt | 0 | 16303 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 18115 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 2894 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 2894 |
| IRS990/OfficerMailingAddressInd | 0 | false |
| IRS990/OperateHospitalInd | 0 | false |
| IRS990/Organization501cInd | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 0 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 697 |
| IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt | 0 | 6270 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 6967 |
| IRS990/OtherExpensesGrp/Desc | 0 | Dues/subscriptions |
| IRS990/OtherExpensesGrp/Desc | 1 | Telephone |
| IRS990/OtherExpensesGrp/Desc | 2 | Auto/Parking Exp |
| IRS990/OtherExpensesGrp/Desc | 3 | Software subscriptions |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 790 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 588 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 3027 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 2052 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 0 | 12357 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 1 | 5289 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 159 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 13147 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 5877 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 3186 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 2052 |
| IRS990/OtherRevenueTotalAmt | 0 | 0 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 15620 |
| IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt | 0 | 140583 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 156203 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 0 |
| IRS990/PartialLiquidationInd | 0 | false |
| IRS990/PaymentsToAffiliatesGrp/TotalAmt | 0 | 0 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 2665 |
| IRS990/PayrollTaxesGrp/ProgramServicesAmt | 0 | 23981 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 26646 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 564 |
| IRS990/PensionPlanContributionsGrp/ProgramServicesAmt | 0 | 5076 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 5640 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | false |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 6687 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 6632 |
| IRS990/ProfessionalFundraisingInd | 0 | false |
| IRS990/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990/PYContributionsGrantsAmt | 0 | 572898 |
| IRS990/PYExcessBenefitTransInd | 0 | false |
| IRS990/PYInvestmentIncomeAmt | 0 | 11 |
| IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 91196 |
| IRS990/PYOtherRevenueAmt | 0 | 544 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 26875 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 455382 |
| IRS990/PYTotalExpensesAmt | 0 | 546578 |
| IRS990/PYTotalRevenueAmt | 0 | 573453 |
| IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt | 0 | 0 |
| IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | 23126 |
| IRS990/RegularMonitoringEnfrcInd | 0 | true |
| IRS990/RelatedEntityInd | 0 | false |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990/ReportInvestmentsOtherSecInd | 0 | false |
| IRS990/ReportLandBuildingEquipmentInd | 0 | true |
| IRS990/ReportOtherAssetsInd | 0 | false |
| IRS990/ReportOtherLiabilitiesInd | 0 | false |
| IRS990/ReportProgramRelatedInvstInd | 0 | false |
| IRS990/RoyaltiesGrp/TotalAmt | 0 | 0 |
| IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 125720 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 188753 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990/ScheduleBRequiredInd | 0 | true |
| IRS990ScheduleD/DonatedServicesAndUseFcltsAmt | 0 | 23635 |
| IRS990ScheduleD/DonatedServicesUseFcltsAmt | 0 | 23635 |
| IRS990ScheduleD/ExpensesNotReportedAmt | 0 | 23635 |
| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 520732 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt | 0 | 9986 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt | 0 | 7514 |
| IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt | 0 | 17500 |
| IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt | 0 | 73 |
| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 15457 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 15530 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 23635 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 543858 |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 10059 |
| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 520732 |
| IRS990ScheduleD/TotalRevenuePerForm990Amt | 0 | 543858 |
| IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt | 0 | 567493 |
| IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt | 0 | 544367 |
| IRS990ScheduleJ/AnyNonFixedPaymentsInd | 0 | false |
| IRS990ScheduleJ/BoardOrCommitteeApprovalInd | 0 | X |
| IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd | 0 | false |
| IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd | 0 | false |
| IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd | 0 | false |
| IRS990ScheduleJ/CompensationSurveyInd | 0 | X |
| IRS990ScheduleJ/EquityBasedCompArrngmInd | 0 | false |
| IRS990ScheduleJ/Form990OfOtherOrganizationsInd | 0 | X |
| IRS990ScheduleJ/InitialContractExceptionInd | 0 | false |
| IRS990/ScheduleJRequiredInd | 0 | true |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt | 0 | 185000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount | 0 | 50000 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt | 0 | 11900 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt | 0 | 3300 |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | John Lynch |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | Executive Dir. |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt | 0 | 250200 |
| IRS990ScheduleJ/SeverancePaymentInd | 0 | false |
| IRS990ScheduleJ/SupplementalNonqualRtrPlanInd | 0 | false |
| IRS990/ScheduleORequiredInd | 0 | true |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The Form 990 will be reviewed by the executive director of OPEDC prior to filing and a copy is supplied to the Board of Directors after it is accepted, if requested |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Conflict of interest is reviewed and signed annually by all officers and directors. If projects arise during the year that create new conflicts, board members recuse themselves. New members are required to sign a conflict of interest immediately. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Compensation for the Executive Director is reviewed and determined by the Executive Members (all board members) of the OPEDC Board after the first of the year. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Compensation, other than the Executive Director, is determined by the Executive Director. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | All information is available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Line 11b: Form 990 Review Process |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Line 19: Other Organization Documents Publicly Available |
| IRS990/SchoolOperatingInd | 0 | false |
| IRS990/SignificantChangeInd | 0 | false |
| IRS990/SignificantNewProgramSrvcInd | 0 | false |
| IRS990/SubjectToExcsTaxNetInvstIncInd | 0 | false |
| IRS990/SubjectToProxyTaxInd | 0 | false |
| IRS990/SubjToTaxRmnrtnExPrchtPymtInd | 0 | false |
| IRS990/TaxablePartyNotificationInd | 0 | false |
| IRS990/TaxExemptBondsInd | 0 | false |
| IRS990/TerminateOperationsInd | 0 | false |
| IRS990/TotalAssetsBOYAmt | 0 | 172492 |
| IRS990/TotalAssetsEOYAmt | 0 | 229553 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 172492 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 229553 |
| IRS990/TotalCompGreaterThan150KInd | 0 | true |
| IRS990/TotalContributionsAmt | 0 | 543842 |
| IRS990/TotalEmployeeCnt | 0 | 3 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 70939 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 449793 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 520732 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.