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.
10380.11x
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
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
47th percentile
Faster asset growth than 47% of similar nonprofits.
Revenue Growth
47th percentile
Faster revenue growth than 47% of similar nonprofits.
Balance Sheet
Assets
Flat$1,089
Flat from 2016
Net Assets
Down-$11,302,849
Down $75,498 (-0.7%) from 2016
Liabilities
Up$11,303,938
Up $75,498 (+0.7%) from 2016
Revenue And Expenses
Revenue
Down$1,975
Down $1 (-0.1%) from 2016
Expenses
Down$77,473
Down $9,405 (-11%) from 2016
Net Income
Up-$75,498
Up $9,404 (+11%) from 2016
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2017 to Dec 31, 2017
- Signed
- Aug 31, 2018
- Return Version
- 2017v2.3
- Gross Receipts
- $1,975
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
- 2018-08-31
- 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: 1,975.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: office expenses. Amount: 35,544. Description: management fees. Amount: 24,600. Description: insurance. Amount: 306. Total to form 990-ez, line 16: 60,450.”
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: 11,201,950. End of year amount: 11,276,569. Description: due to lpv. Beg. Of year amount: 26,490. End of year amount: 27,369.”
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 | -75498 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 17023 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1089 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1089 |
| IRS990EZ/GrossReceiptsAmt | 0 | 1975 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1975 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -11227351 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -11302849 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -11227351 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -11302849 |
| 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 | 60450 |
| 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 | 11228440 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 11303938 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 77473 |
| IRS990EZ/TotalRevenueAmt | 0 | 1975 |
| 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: 1,975. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: OFFICE EXPENSES. AMOUNT: 35,544. DESCRIPTION: MANAGEMENT FEES. AMOUNT: 24,600. DESCRIPTION: INSURANCE. AMOUNT: 306. TOTAL TO FORM 990-EZ, LINE 16: 60,450. |
| 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: 11,201,950. END OF YEAR AMOUNT: 11,276,569. DESCRIPTION: DUE TO LPV. BEG. OF YEAR AMOUNT: 26,490. END OF YEAR AMOUNT: 27,369. |
| 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 | 2018-06-14 16:35:46Z |
| 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 | 2018-08-31 |
| 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 | AFE5AC49B8B629CDA1AEF8239139B70C94B6FB2D |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 64.68.27.2 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2018-08-31 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CD |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 09:12:31 |
| 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 | 2018-08-31 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | DAVID C IMLER |
| ReturnHeader/ReturnTs | 0 | 2018-09-10T15:23:16-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-12-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,089
- Liabilities
- $11,303,938
- Net assets
- -$11,302,849
- Revenue
- $1,975
- Expenses
- $77,473
- Net income
- -$75,498