Liabilities / Assets
100th percentile
Higher debt load relative to assets than 100% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
10310.78x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
76th percentile
Higher top officer pay than 76% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
49th percentile
Faster asset growth than 49% of similar nonprofits.
Revenue Growth
49th percentile
Faster revenue growth than 49% of similar nonprofits.
Balance Sheet
Assets
Flat$1,089
Flat from 2015
Net Assets
Down-$11,227,351
Down $84,902 (-0.8%) from 2015
Liabilities
Up$11,228,440
Up $84,902 (+0.8%) from 2015
Revenue And Expenses
Revenue
Down$1,976
Down $1 (-0.1%) from 2015
Expenses
Up$86,878
Up $2,230 (+2.6%) from 2015
Net Income
Down-$84,902
Down $2,231 (-2.7%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Aug 11, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $1,976
Mission and Program Overview
Mission
Hold title to real property
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PENSION FUND REAL ESTATE INVESTMENT | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Joel C Seiboldt | Manager | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Lake County Properties Inc
- EIN
- 36-2903290
- Phone
- 3125641939
- Address
- 120 SOUTH LASALLE ST 7TH FLOOR, CHICAGO, IL 60603
Signing Officer
- Name
- Joel Seiboldt
- Title
- Managing Director
- Phone
- 3125641939
- Signed
- 2017-08-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Fgmk LLC
- Address
- 2801 Lakeside Drive 3rd Floor, Bannockburn, IL 60015
- Preparer
- David C Imler
- Phone
- 8473740400
Supplemental Narrative
Additional Explanations
Form 990-EZ, Part I, Line 4 - Rental Income
“Kind and Location of Property: LAND FOR DEVELOPMENT. LAKE COUNTY, IL. Amount: 1,976.”
Form 990-EZ, Part I, Line 16 - Other Expenses
“Description: OFFICE EXPENSES. Amount: 33,235. Description: MANAGEMENT FEES. Amount: 24,600. Description: Insurance. Amount: 306. Total to Form 990-EZ, line 16: 58,141.”
Form 990-EZ, Part II, Line 24 - Other Assets
“Description: OTHER. Beg. of Year Amount: 1,089. End of Year Amount: 1,089.”
Form 990-EZ, Part II, Line 26 - Other Liabilities
“Description: investment in lake properties venture. Beg. of Year Amount: 11,129,091. End of Year Amount: 11,201,950. Description: DUE TO LPV. Beg. of Year Amount: 14,447. End of Year Amount: 26,490.”
Raw XML Appendix101 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/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | The Private Bank and Trust Co |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3125641939 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 120 South LaSalle Streeet 7th Floor |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | CHICAGO |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60603 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -84902 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 28737 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1089 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1089 |
| IRS990EZ/GrossReceiptsAmt | 0 | 1976 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1976 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -11142449 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -11227351 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -11142449 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -11227351 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Joel C Seiboldt |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | MANAGER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501cInd | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 1089 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 1089 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 58141 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | HOLD TITLE TO REAL PROPERTY |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PENSION FUND REAL ESTATE INVESTMENT |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 11143538 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 11228440 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 86878 |
| IRS990EZ/TotalRevenueAmt | 0 | 1976 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Kind and Location of Property: LAND FOR DEVELOPMENT. LAKE COUNTY, IL. Amount: 1,976. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description: OFFICE EXPENSES. Amount: 33,235. Description: MANAGEMENT FEES. Amount: 24,600. Description: Insurance. Amount: 306. Total to Form 990-EZ, line 16: 58,141. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Description: OTHER. Beg. of Year Amount: 1,089. End of Year Amount: 1,089. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Description: investment in lake properties venture. Beg. of Year Amount: 11,129,091. End of Year Amount: 11,201,950. Description: DUE TO LPV. Beg. of Year Amount: 14,447. End of Year Amount: 26,490. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 4 - Rental Income |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16 - Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part II, Line 24 - Other Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part II, Line 26 - Other Liabilities |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Joel Seiboldt |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | MANAGING DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3125641939 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-08-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | LAKE COUNTY PROPERTIES INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LAKE |
| ReturnHeader/Filer/EIN | 0 | 362903290 |
| ReturnHeader/Filer/PhoneNum | 0 | 3125641939 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 120 SOUTH LASALLE ST 7TH FLOOR |
| ReturnHeader/Filer/USAddress/CityNm | 0 | CHICAGO |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60603 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | CA4A008A063AACB716FAC50720778082A03BA7CC |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 64.68.27.2 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2017-08-11 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 15:27:44 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 362929601 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | FGMK LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2801 Lakeside Drive 3rd Floor |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Bannockburn |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 60015 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 8473740400 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-07-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | David C Imler |
| ReturnHeader/ReturnTs | 0 | 2017-08-18T11:35:42-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,089
- Liabilities
- $11,228,440
- Net assets
- -$11,227,351
- Revenue
- $1,976
- Expenses
- $86,878
- Net income
- -$84,902