Civic Intelligence

Chicagoland Sokol Building Association

990 • Fiscal year 2014 • EIN 36-3139766

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 10, 2015

6360 Belmont RdDowners Grove, IL 60516-2118

(630) 968-2699

Siviq Scores

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

Liabilities / Assets

66th percentile

0.28x

Higher debt load relative to assets than 66% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

85th percentile

1.03x

Higher debt load relative to revenue than 85% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

53rd percentile

3.6%

Higher net margin than 53% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

44th percentile

0.6%

Faster asset growth than 44% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

55th percentile

5.8%

Faster revenue growth than 55% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$3,431,395

Up $19,628 (+0.6%) from 2013

Net Assets

Up

$2,477,481

Up $53,475 (+2.2%) from 2013

Liabilities

Down

$953,914

Down $33,847 (-3.4%) from 2013

Revenue

Up

$922,649

Up $50,423 (+5.8%) from 2013

Expenses

Up

$889,662

Up $49,420 (+5.9%) from 2013

Net Income

Up

$32,987

Up $1,003 (+3.1%) from 2013

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2012: $3,407,805Liabilities 2012: $1,013,221Net Assets 2012: $2,394,5842012Assets 2013: $3,411,767Liabilities 2013: $987,761Net Assets 2013: $2,424,0062013Assets 2014: $3,431,395Liabilities 2014: $953,914Net Assets 2014: $2,477,4812014Assets 2015: $3,362,654Liabilities 2015: $908,423Net Assets 2015: $2,454,2312015Assets 2016: $3,320,022Liabilities 2016: $853,566Net Assets 2016: $2,466,4562016Assets 2017: $3,348,447Liabilities 2017: $815,650Net Assets 2017: $2,532,7972017Assets 2019: $3,277,636Liabilities 2019: $679,756Net Assets 2019: $2,597,8802019Assets 2020: $3,271,231Liabilities 2020: $706,018Net Assets 2020: $2,565,2132020Assets 2021: $3,430,433Liabilities 2021: $642,166Net Assets 2021: $2,788,2672021Assets 2022: $3,225,870Liabilities 2022: $459,537Net Assets 2022: $2,766,3332022Assets 2023: $3,420,362Liabilities 2023: $501,673Net Assets 2023: $2,918,6892023Assets 2024: $3,407,438Liabilities 2024: $335,659Net Assets 2024: $3,071,7792024

Highlighted filing

2014

Assets$3,431,395
Liabilities$953,914
Net Assets$2,477,481

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $812,2822012Revenue 2013: $872,226Expenses 2013: $840,242Net Income 2013: $31,9842013Revenue 2014: $922,649Expenses 2014: $889,662Net Income 2014: $32,9872014Revenue 2015: $959,571Expenses 2015: $944,882Net Income 2015: $14,6892015Revenue 2016: $940,110Expenses 2016: $958,508Net Income 2016: -$18,3982016Revenue 2017: $985,192Expenses 2017: $1,016,986Net Income 2017: -$31,7942017Revenue 2019: $1,045,688Expenses 2019: $1,015,400Net Income 2019: $30,2882019Revenue 2020: $739,023Expenses 2020: $834,019Net Income 2020: -$94,9962020Revenue 2021: $1,121,626Expenses 2021: $936,535Net Income 2021: $185,0912021Revenue 2022: $1,163,674Expenses 2022: $1,037,528Net Income 2022: $126,1462022Revenue 2023: $1,204,361Expenses 2023: $1,099,264Net Income 2023: $105,0972023Revenue 2024: $1,264,740Expenses 2024: $1,103,239Net Income 2024: $161,5012024

Highlighted filing

2014

Revenue$922,649
Expenses$889,662
Net Income$32,987
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 10, 2015
Return Version
2014v5.0
Gross Receipts
$1,443,985
Mission and Program Overview

Mission

Provide fitness & community

Provide fitness & community for individuals & families through physical, educational, cultural & social programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,412,423$2,372,045▼ $40,378
Investments in Publicly Traded Securities$580,716$789,873▲ $209,157
Cash and Non-Interest-Bearing Accounts$169,551$207,089▲ $37,538
Savings and Temporary Cash Investments$243,405$59,884▼ $183,521
Intangible Assets$718--
Total Assets$3,411,767$3,431,395▲ $19,628
Other Assets Total$4,954$2,504▼ $2,450
Liabilities
Mortgage Notes Payable Secured by Investment Property$876,100$848,744▼ $27,356
Accounts Payable and Accrued Expenses$64,723$65,554▲ $831
Deferred Revenue$46,938$39,616▼ $7,322
Total Liabilities$987,761$953,914▼ $33,847
Net Assets / Fund Balance
Unrestricted Net Assets$2,424,006$2,477,481▲ $53,475
Total Net Assets Fund Balance$2,424,006$2,477,481▲ $53,475
Total Liabilities and Net Assets / Fund Balance$3,411,767$3,431,395▲ $19,628

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$922,151$334,230$1,256,381
Land$1,200,000-$1,200,000
Leasehold Improvements$234,964$72,590$307,554
Equipment$14,930$112,540$127,470
Compensation and Service Providers

Board Members and Trustees

NameTitle
Frank MichalekPresident
Carolee MichalekVice-president
Florence DelcarloBoard of Directors
Laura KwakBoard of Directors
Mary Ellen NewsomBoard of Directors
Sally BukovskyBoard of Directors
Beverly DomzalskiSecretary
Andrea ScheirerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$4,124
Program Service Revenue
$886,409
Investment Income
$23,731
Other Revenue
$8,385
All Other Contributions
$4,124
Change in Net Assets
$32,987

Audited Revenue Reconciliation

Revenue per Audited Statements
$915,801
Revenue Not Reported on Financial Statements
$6,848
Revenue Not Reported on Form 990
$47,116
Other Revenue Adjustments
$6,848
Total Revenue per Audited Statements
$962,917
Total Revenue per Form 990
$922,649
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$545,958
Other Expenses$343,704
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$471,879$25,260$0$497,139
Occupancy$154,731$8,196$0$162,927
Depreciation Depletion$48,451$2,588$0$51,039
Payroll Taxes$39,248$1,933$0$41,181
Office Expenses$37,997$879$0$38,876
Insurance$19,924$0$0$19,924
Fees for Services Accounting$0$14,229$0$14,229
Other Employee Benefits$7,638$0$0$7,638
Fees for Service Investment Mgmnt Fees$0$6,848$0$6,848
Other Expenses$10$0$0$10
Total Functional Expenses$829,729$59,933$0$889,662

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$916,290
Expenses per Audited Statements$889,662
Total Expenses per Form 990$889,662
Expenses Not Reported on Form 990$26,628
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Chicagoland Sokol Bldg Association
EIN
36-3139766
Phone
6309682699
Address
6360 BELMONT RD, DOWNERS GROVE, IL 60516-2118

Signing Officer

Name
Frank Michalek
Title
President
Phone
6309682699
Signed
2015-08-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Michalek
Formed
1976
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
49
Volunteers
20

Preparer

Firm
Barbara J Vondra CPA
Address
7702 S Cass Ave Ste 135, Darien, IL 60561
Preparer
Barbara J Vondra
Phone
6303278202
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Frank/carolee michalek -- family relationship

Pt VI, Line 6

ORGANIZATION HAS MEMBERS

Pt VI, Line 11B

Reviewed by pres & treas with assistance from outside acct

Pt VI, Line 15A

Used best business practices for selection & compensation

Pt VI, Line 15B

Used best business practices for selection & compensation

Pt VI, Line 19

Documents are made available upon request

Pt XI

Unrealized gain on market fluctuation

Financial Statement Notes

Pt XI, Line 2D

COST OF GOODS SOLD

Pt XI, Line 4B

INVESTMENT EXPENSES

Pt XII, Line 2D

COST OF GOODS SOLD

Raw XML AppendixShowing 400 of 447 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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IRS990/PYProgramServiceRevenueAmt0808403
IRS990/PYRevenuesLessExpensesAmt031984
IRS990/PYSalariesCompEmpBnftPaidAmt0524582
IRS990/PYTotalExpensesAmt0840242
IRS990/PYTotalRevenueAmt0872226
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt032987
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0922649
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0243405
IRS990/SavingsAndTempCashInvstGrp/EOYAmt059884
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04124
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01948
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0410
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt014682
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt020441
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt038308
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt022929
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt020530
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt038416
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0140624
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0921422
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0849651
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0779590
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0800943
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0789017
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04140623
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt020441
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt038308
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt022929
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt020530
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt038416
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0140624
IRS990ScheduleA/InvestmentIncomeCYPct00.03270
IRS990ScheduleA/InvestmentIncomePYPct00.03550
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.96730
IRS990ScheduleA/PublicSupportPY509Pct00.96450
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt04155305
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0925546
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0851599
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0787490
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0801243
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0789427
IRS990ScheduleA/Total509Grp/TotalAmt04155305
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt04295929
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0922151
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0334230
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01256381
IRS990ScheduleD/EquipmentGrp/BookValueAmt014930
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0112540
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0127470
IRS990ScheduleD/ExpensesNotReportedAmt026628
IRS990ScheduleD/ExpensesSubtotalAmt0889662
IRS990ScheduleD/LandGrp/BookValueAmt01200000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01200000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0234964
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt072590
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0307554
IRS990ScheduleD/NetUnrealizedGainsInvstAmt020488
IRS990ScheduleD/OtherExpensesIncludedAmt026628
IRS990ScheduleD/OtherRevenueAmt026628
IRS990ScheduleD/OtherRevenuesNotIncludedAmt06848
IRS990ScheduleD/RevenueNotReportedAmt047116
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt06848
IRS990ScheduleD/RevenueSubtotalAmt0915801
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0COST OF GOODS SOLD
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INVESTMENT EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2COST OF GOODS SOLD
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt XI, Line 2d
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt XI, Line 4b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XII, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02372045
IRS990ScheduleD/TotalExpensesPerForm990Amt0889662
IRS990ScheduleD/TotalRevenuePerForm990Amt0922649
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0962917
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0916290
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FRANK/CAROLEE MICHALEK -- FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ORGANIZATION HAS MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2REVIEWED BY PRES & TREAS WITH ASSISTANCE FROM OUTSIDE ACCT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3USED BEST BUSINESS PRACTICES FOR SELECTION & COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4USED BEST BUSINESS PRACTICES FOR SELECTION & COMPENSATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE MADE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UNREALIZED GAIN ON MARKET FLUCTUATION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03411767
IRS990/TotalAssetsEOYAmt03431395
IRS990/TotalAssetsGrp/BOYAmt03411767
IRS990/TotalAssetsGrp/EOYAmt03431395
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt04124
IRS990/TotalEmployeeCnt049
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059933
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0829729
IRS990/TotalFunctionalExpensesGrp/TotalAmt0889662
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0987761
IRS990/TotalLiabilitiesEOYAmt0953914
IRS990/TotalLiabilitiesGrp/BOYAmt0987761
IRS990/TotalLiabilitiesGrp/EOYAmt0953914
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02424006
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02477481
IRS990/TotalProgramServiceExpensesAmt0829729
IRS990/TotalProgramServiceRevenueAmt0886409

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