Civic Intelligence

River North Business Association

990EZ • Fiscal year 2020 • EIN 36-3146628

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 07, 2021

620 N LASALLE STREET Ste 320Chicago, IL 60654

(312) 645-1047

Siviq Scores

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

Liabilities / Assets

98th percentile

1.34x

Higher debt load relative to assets than 98% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

1.14x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Net Margin

10th percentile

-54%

Higher net margin than 10% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Top Officer Pay

90th percentile

$70,016

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 61.7% of source-year revenue.

2020 filings • 501(c)6 • <$500k nonprofits • Source year 2020

Asset Growth

98th percentile

244%

Faster asset growth than 98% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

19th percentile

-53%

Faster revenue growth than 19% of similar nonprofits.

2020 filings • 501(c)6 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$96,237

Up $68,289 (+244%) from 2019

Net Assets

Down

-$33,483

Down $60,909 (-222%) from 2019

Liabilities

Up

$129,369

Up $128,847 (+24683%) from 2019

Revenue

Down

$113,448

Down $127,565 (-53%) from 2019

Expenses

Down

$174,357

Down $79,768 (-31%) from 2019

Net Income

Down

-$60,909

Down $47,797 (-365%) from 2019

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2017: $187,039Liabilities 2017: $170,274Net Assets 2017: $16,7652017Assets 2018: $203,588Liabilities 2018: $163,006Net Assets 2018: $40,5822018Assets 2019: $27,948Liabilities 2019: $522Net Assets 2019: $27,4262019Assets 2020: $96,237Liabilities 2020: $129,369Net Assets 2020: -$33,4832020Assets 2021: $55,486Liabilities 2021: $191,954Net Assets 2021: -$136,4682021Assets 2022: $177,957Liabilities 2022: $527,402Net Assets 2022: -$349,4452022

Highlighted filing

2020

Assets$96,237
Liabilities$129,369
Net Assets-$33,483

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2017: $322,982Expenses 2017: $304,600Net Income 2017: $18,3822017Revenue 2018: $272,582Expenses 2018: $248,765Net Income 2018: $23,8172018Revenue 2019: $241,013Expenses 2019: $254,125Net Income 2019: -$13,1122019Revenue 2020: $113,448Expenses 2020: $174,357Net Income 2020: -$60,9092020Revenue 2021: $138,090Expenses 2021: $241,426Net Income 2021: -$103,3362021Revenue 2022: $84,990Expenses 2022: $286,763Net Income 2022: -$201,7732022

Highlighted filing

2020

Revenue$113,448
Expenses$174,357
Net Income-$60,909
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 7, 2021
Return Version
2020v4.0
Gross Receipts
$113,448
Mission and Program Overview

Mission

Dedicated to promoting awareness and visibility, foster business relationships and responsible development, stimulate growth and advocate constructive influence within the river north community

To promote awareness and visibility foster business r

Program Services

DescriptionGrantsExpenses
SEASONAL EVENTS TO PROMOTE LOCAL BUSINESSES-$82,889
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARTY PADILLAPresidentFT$70,016-$70,016
NICOLE MICELIVice President-$0--
MEGHAN STOKESBoard Chair-$0--
KEN KOBERNICKITreasurer-$0--
ALLEN WRIGHTFinance Chair-$0--
HOWARD HIRSCHPlanning Chair-$0--
GABRIEL ZUCKERSecretary-$0--
SANDYA DANDAMUDIDirector-$0--
CHRISSY DWYERDirector-$0--
TIMOTHY HARWOODDirector-$0--
VIJAYAKUMAR RAJDirector-$0--
Governance and Compliance

Governance Explanations

Part VI Line 11B

Tax return is reviewd by the boad of directors prior to filing

Part VI Line 12C

Completed annually by the board of directors

Part VI Line 15A

President is approved by chairman of the board

Part VI Line 15A

Assistant to the president is reviewed by the president. Salary

Part VI Line 15A

Recommendations are made by treasurer and finance committee

Part VI Line 15A

Entire board of directors approve compensation as part of

Part VI Line 15A

BUDGET ACCEPTANCE

Part VI Line 18

The board makes documents available to the public via request

Part VI Line 18

For appointment to review the documents

Part VI Line 19

BY REQUEST OF THE BOARD

Filing and Contact Details

Filer

Filer Name
River North Association Ltd
EIN
36-3146628
In Care Of
% MARTY PADILLA
Phone
3126451047
Address
620 N LASALLE STREET Ste 320, CHICAGO, IL 60654

Signing Officer

Name
Marty Padilla
Title
President
Phone
3126451047
Signed
2021-04-07
Discuss with paid preparer
Yes

Preparer

Firm
F I Reinschreiber & Associates
Address
2174 Gladstone Court Suite B, Glendale Hts, IL 60139
Preparer
Frank Reinschreiber CPA
Phone
6308086882
Supplemental Narrative

Additional Explanations

Part I Line 16

Advertising and promotion $500.00

Part I Line 16

Other office expenses $1648.00

Part I Line 16

Information technology $4737.00

Part I Line 16

Travel $156.00

Part I Line 16

Conferences, conventions, and meetings $1757.00

Part I Line 16

Insurance $1108.00

Part I Line 16

Bank and credit card fees $3222.00

Part I Line 16

TELEPHONE $2037.00

Part I Line 16

Payroll processing fees $1728.00

Part I Line 16

EVENT EXPENSES $23553.00

Part II Line 24

Accounts receivable, net. Beginning:$9475.00 Ending: $5910.00

Part II Line 26

Accounts payable and accrued expenses. Beginning:$522.00 Ending: $369.00

Part II Line 26

Unsecured notes and loans payable. Beginning:$0.00 Ending: $129000.00

Raw XML Appendix205 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4FINANCE CHAIR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10DIRECTOR
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and promotion $500.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Other office expenses $1648.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information technology $4737.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $156.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Conferences, conventions, and meetings $1757.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $1108.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK AND CREDIT CARD FEES $3222.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7TELEPHONE $2037.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PAYROLL PROCESSING FEES $1728.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9EVENT EXPENSES $23553.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Accounts receivable, net. Beginning:$9475.00 Ending: $5910.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Accounts payable and accrued expenses. Beginning:$522.00 Ending: $369.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Unsecured notes and loans payable. Beginning:$0.00 Ending: $129000.00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13TAX RETURN IS REVIEWD BY THE BOAD OF DIRECTORS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14COMPLETED ANNUALLY BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15PRESIDENT IS APPROVED BY CHAIRMAN OF THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16ASSISTANT TO THE PRESIDENT IS REVIEWED BY THE PRESIDENT. SALARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17RECOMMENDATIONS ARE MADE BY TREASURER AND FINANCE COMMITTEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18ENTIRE BOARD OF DIRECTORS APPROVE COMPENSATION AS PART OF
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19BUDGET ACCEPTANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20THE BOARD MAKES DOCUMENTS AVAILABLE TO THE PUBLIC VIA REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21FOR APPOINTMENT TO REVIEW THE DOCUMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22BY REQUEST OF THE BOARD
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Part II Line 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13PART VI LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14PART VI LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15PART VI LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16PART VI LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17PART VI LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18PART VI LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19PART VI LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc20PART VI LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc21PART VI LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc22PART VI LINE 19
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MARTY PADILLA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03126451047
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RIVER NORTH ASSOCIATION LTD
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0GREATER RIVER NORTH BUSINESS ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0RIVE
ReturnHeader/Filer/EIN0363146628
ReturnHeader/Filer/InCareOfNm0% MARTY PADILLA
ReturnHeader/Filer/PhoneNum03126451047
ReturnHeader/Filer/USAddress/AddressLine1Txt0620 N LASALLE STREET Ste 320
ReturnHeader/Filer/USAddress/CityNm0CHICAGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060654
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823793143
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0F I Reinschreiber & Associates
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02174 Gladstone Court Suite B
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Glendale Hts
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060139
ReturnHeader/PreparerPersonGrp/PhoneNum06308086882
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANK REINSCHREIBER CPA
ReturnHeader/ReturnTs02021-04-07T16:19:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MARTY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0PADILLA
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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