Civic Intelligence

Dr Lucy Lang-Chappell Housing Complex Inc.

EIN 36-3368854 • 501(c)3 • Chicago, IL

Pub. 78 Eligible

Profile

LOW INCOME HOUSING

566 West Lake StreetChicago, IL 60661

na

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.25x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

82nd percentile

0.30x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

20th percentile

-11%

Faster asset growth than 20% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

10%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$795,949

Down $102,893 (-11%) from 2023

Liabilities

Down

$198,737

Down $686 (-0.3%) from 2023

Net Assets

Down

$597,212

Down $102,207 (-15%) from 2023

Revenue

Up

$663,621

Up $61,092 (+10%) from 2023

Expenses

Up

$765,828

Up $1,569 (+0.2%) from 2023

Net Income

Up

-$102,207

Up $59,523 (+37%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2012: $1,342,242Liabilities 2012: $230,755Net Assets 2012: $1,111,4872012Assets 2013: $1,314,686Liabilities 2013: $86,635Net Assets 2013: $1,228,0512013Assets 2015: $1,280,720Liabilities 2015: $68,375Net Assets 2015: $1,212,3452015Assets 2016: $1,287,282Liabilities 2016: $48,538Net Assets 2016: $1,238,7442016Assets 2017: $1,280,039Liabilities 2017: $57,143Net Assets 2017: $1,222,8962017Assets 2018: $1,256,553Liabilities 2018: $38,047Net Assets 2018: $1,218,5062018Assets 2019: $1,197,070Liabilities 2019: $61,838Net Assets 2019: $1,135,2322019Assets 2020: $1,124,595Liabilities 2020: $44,441Net Assets 2020: $1,080,1542020Assets 2021: $1,068,062Liabilities 2021: $80,594Net Assets 2021: $987,4682021Assets 2022: $913,608Liabilities 2022: $52,459Net Assets 2022: $861,1492022Assets 2023: $898,842Liabilities 2023: $199,423Net Assets 2023: $699,4192023Assets 2024: $795,949Liabilities 2024: $198,737Net Assets 2024: $597,2122024

Highlighted filing

2024

Assets$795,949
Liabilities$198,737
Net Assets$597,212

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KExpenses 2012: $549,4422012Expenses 2013: $577,0112013Revenue 2015: $662,544Expenses 2015: $708,830Net Income 2015: -$46,2862015Revenue 2016: $661,351Expenses 2016: $634,952Net Income 2016: $26,3992016Revenue 2017: $638,552Expenses 2017: $654,400Net Income 2017: -$15,8482017Revenue 2018: $655,033Expenses 2018: $659,423Net Income 2018: -$4,3902018Revenue 2019: $631,543Expenses 2019: $714,817Net Income 2019: -$83,2742019Revenue 2020: $610,548Expenses 2020: $665,626Net Income 2020: -$55,0782020Revenue 2021: $638,999Expenses 2021: $731,685Net Income 2021: -$92,6862021Revenue 2022: $616,930Expenses 2022: $743,249Net Income 2022: -$126,3192022Revenue 2023: $602,529Expenses 2023: $764,259Net Income 2023: -$161,7302023Revenue 2024: $663,621Expenses 2024: $765,828Net Income 2024: -$102,2072024

Highlighted filing

2024

Revenue$663,621
Expenses$765,828
Net Income-$102,207

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Mar 25, 2025
Return Version
2023v6.0
Gross Receipts
$663,621
Mission and Program Overview

Mission

LOW INCOME HOUSING

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$413,443$388,054▼ $25,389
Accounts Receivable$133,632$121,176▼ $12,456
Cash and Non-Interest-Bearing Accounts$4,872$19,021▲ $14,149
Prepaid Expenses and Deferred Charges$1,070$956▼ $114
Total Assets$898,842$795,949▼ $102,893
Other Assets Total$345,825$266,742▼ $79,083
Liabilities
Accounts Payable and Accrued Expenses$191,400$190,435▼ $965
Other Liabilities$7,943$8,226▲ $283
Deferred Revenue$80$76▼ $4
Total Liabilities$199,423$198,737▼ $686
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,368,440$2,368,440→ $0
Net Assets Without Donor Restrictions$-1,669,021$-1,771,228▼ $102,207
Total Net Assets Fund Balance$699,419$597,212▼ $102,207
Total Liabilities and Net Assets / Fund Balance$898,842$795,949▼ $102,893

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$356,354$3,056,543$3,412,897
Land$31,700-$31,700
Other Assets Org$28,325--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Beverly Simmons WillisPresident
Andrew RyalVice President
Daniel HannahDirector
Dr Ollie M KnightSecretary
David EversTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$498,075
Program Service Revenue
$134,435
Investment Income
$165
Other Revenue
$30,946
Change in Net Assets
$-102,207

Audited Revenue Reconciliation

Revenue per Audited Statements
$663,621
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$663,621
Total Revenue per Form 990
$663,621
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$521,571
Salaries, Compensation, and Employee Benefits$244,257
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$282,507--$282,507
Other Salaries and Wages$139,811$63,645-$203,456
Depreciation Depletion$77,155--$77,155
Insurance$72,525--$72,525
Fees for Services Management-$31,061-$31,061
Office Expenses-$27,453-$27,453
Payroll Taxes$22,786--$22,786
Other Employee Benefits$18,015--$18,015
Other Expenses$256$17,085-$17,341
Fees for Services Accounting-$10,112-$10,112
Fees for Services Legal-$3,037-$3,037
Advertising-$380-$380
Total Functional Expenses$613,055$152,773$0$765,828

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$765,828
Total Expenses per Audited Statements$765,828
Total Expenses per Form 990$765,828
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Deposits$8,226
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The apartment complex is managed by evergreen real estate inc.

Form 990, Part VI, Section B, Line 11B

The return is reviewed by the responsible board member and approved for filing by members of the board.

Form 990, Part VI, Section C, Line 19

The organization provides documents upon request.

Filing and Contact Details

Filer

Filer Name
Dr Lucy Lang-chappell Housing Complex
EIN
36-3368854
Phone
3122349400
Address
566 WEST LAKE STREET, CHICAGO, IL 60661

Signing Officer

Name
Beverly Simmons Willis Msw Lcsw
Title
Chairman
Phone
3122349400
Signed
2025-03-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Beverly Simmons Willis Ms
Formed
1985
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Cna Tax Professionals Inc
Address
10475 CROSSPOINT BOULEVARD SUITE, 200, INDIANAPOLIS, IN 46256
Preparer
Shawn D Dreiman CPA
Phone
3178413393
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

In 2009, the corporation adopted the income taxes topic of the fasb accounting standards codification (asc) 740, which provides guidance for how uncertain income tax positions should be recognized, measured, presented and disclosed in the financial statements. The corporation is required to evaluate the income tax positions taken or expected to be taken to determine whether the positions are "more-likely-than-not" to be sustained upon examination by the applicable tax authority. The corporation has determined that the application of the income tax standard does not impact the operations of the corporation and that no provision for income tax is required in the corporation's financial statements. There has been no interest or penalties recognized in the income statement or balance sheet for the year ended.

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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt01731
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt02309
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt01682
IRS990ScheduleA/OtherIncome509Grp/TotalAmt041021
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98620
IRS990ScheduleA/PublicSupportPY509Pct00.99510
IRS990ScheduleA/PublicSupportTotal509Amt03089242
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0632510
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0598015
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0614979
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0636400
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0607338
IRS990ScheduleA/Total509Grp/TotalAmt03089242
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0663621
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0602529
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0616930
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0638999
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0610548
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03132627
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0356354
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03056543
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03412897
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0765828
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt031700
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt031700
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt011229
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt145697
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2181491
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt328325
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1ESCROW DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2REPLACEMENT RESERVES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3OTHER RESERVES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08226
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0663621
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0IN 2009, THE CORPORATION ADOPTED THE INCOME TAXES TOPIC OF THE FASB ACCOUNTING STANDARDS CODIFICATION (ASC) 740, WHICH PROVIDES GUIDANCE FOR HOW UNCERTAIN INCOME TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, PRESENTED AND DISCLOSED IN THE FINANCIAL STATEMENTS. THE CORPORATION IS REQUIRED TO EVALUATE THE INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN TO DETERMINE WHETHER THE POSITIONS ARE "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAX AUTHORITY. THE CORPORATION HAS DETERMINED THAT THE APPLICATION OF THE INCOME TAX STANDARD DOES NOT IMPACT THE OPERATIONS OF THE CORPORATION AND THAT NO PROVISION FOR INCOME TAX IS REQUIRED IN THE CORPORATION'S FINANCIAL STATEMENTS. THERE HAS BEEN NO INTEREST OR PENALTIES RECOGNIZED IN THE INCOME STATEMENT OR BALANCE SHEET FOR THE YEAR ENDED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0388054
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0266742
IRS990ScheduleD/TotalExpensesPerForm990Amt0765828
IRS990ScheduleD/TotalLiabilityAmt08226
IRS990ScheduleD/TotalRevenuePerForm990Amt0663621
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0663621
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0765828
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE APARTMENT COMPLEX IS MANAGED BY EVERGREEN REAL ESTATE INC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE RETURN IS REVIEWED BY THE RESPONSIBLE BOARD MEMBER AND APPROVED FOR FILING BY MEMBERS OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES DOCUMENTS UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
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IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt0795949
IRS990/TotalAssetsGrp/BOYAmt0898842
IRS990/TotalAssetsGrp/EOYAmt0795949
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0498075
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0152773
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0613055
IRS990/TotalFunctionalExpensesGrp/TotalAmt0765828
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0199423
IRS990/TotalLiabilitiesEOYAmt0198737
IRS990/TotalLiabilitiesGrp/BOYAmt0199423
IRS990/TotalLiabilitiesGrp/EOYAmt0198737
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0699419
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0597212
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0613055
IRS990/TotalProgramServiceRevenueAmt0134435
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt031111
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0134435
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0663621
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0898842
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0795949
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0566 WEST LAKE STREET
IRS990/USAddress/CityNm0CHICAGO
IRS990/USAddress/StateAbbreviationCd0IL
IRS990/USAddress/ZIPCd060661
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0NA
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0BEVERLY SIMMONS WILLIS MSW LCSW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum03122349400
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DR LUCY LANG-CHAPPELL HOUSING COMPLEX
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0INC
ReturnHeader/Filer/BusinessNameControlTxt0DRLU

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