Civic Intelligence

Greater Midwest Lenders Association

EIN 36-3677341 • 501(c)6 • Palos Heights, IL

Profile

Promote Mortgage Brokerage in Illinois

7808 West College DrivePalos Heights, IL 60463

n/A

Siviq Scores

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

Liabilities / Assets

90th percentile

0.49x

Higher debt load relative to assets than 90% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

99th percentile

3.79x

Higher debt load relative to revenue than 99% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Net Margin

33rd percentile

-9.1%

Higher net margin than 33% of similar nonprofits.

501(c)6 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

501(c)6 • <$500k nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$133,694

No earlier filing loaded for comparison.

Liabilities

$64,960

No earlier filing loaded for comparison.

Net Assets

$68,734

No earlier filing loaded for comparison.

Revenue

$17,134

No earlier filing loaded for comparison.

Expenses

$18,699

No earlier filing loaded for comparison.

Net Income

-$1,565

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2017: $133,694Liabilities 2017: $64,960Net Assets 2017: $68,7342017

Highlighted filing

2017

Assets$133,694
Liabilities$64,960
Net Assets$68,734

Operations Trend

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

$20K$10K$0-$10KRevenue 2017: $17,134Expenses 2017: $18,699Net Income 2017: -$1,5652017

Highlighted filing

2017

Revenue$17,134
Expenses$18,699
Net Income-$1,565

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$1.34$0.65$0.69$0.17$0.19$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.2
Gross Receipts
$17,134
Mission and Program Overview

Mission

Promote Mortgage Brokerage in Illinois

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivable From Disqualified Prsn$133,649$132,807▼ $842
Land, Buildings, and Equipment, Net$1,008--
Cash and Non-Interest-Bearing Accounts$602$887▲ $285
Total Assets$135,259$133,694▼ $1,565
Liabilities
Accounts Payable and Accrued Expenses$64,960$64,960→ $0
Total Liabilities$64,960$64,960→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$70,299$68,734▼ $1,565
Total Net Assets Fund Balance$70,299$68,734▼ $1,565
Total Liabilities and Net Assets / Fund Balance$135,259$133,694▼ $1,565
Compensation and Service Providers

Board Members and Trustees

NameTitle
Tuck MarshallPresident
Carol GardnerSecretary
Ron DrabeckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$17,134
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,009
Change in Net Assets
$-1,565
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,724
Salaries, Compensation, and Employee Benefits$3,975
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology$3,458$3,458-$6,916
Office Expenses$2,333$2,333-$4,666
Current Officers, Directors, Trustees, and Key Employees$2,000$1,975-$3,975
Advertising$1,000$975-$1,975
Depreciation Depletion$0$1,008-$0
Other Expenses$228$539-$539
Insurance$200$200-$400
Total Functional Expenses$9,219$10,488$0$18,699
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$133,649$132,807▼ $842
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Greater Midwest Lenders Association
EIN
36-3677341
Phone
6309167720
Address
7808 West College Drive, Palos Heights, IL 60463

Signing Officer

Name
Bob Perry
Title
Director
Phone
6309167720
Signed
2018-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bob Perry
Formed
1990
Legal Domicile
Il
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Roger E Wooten CPA
Address
10297 MORGAN RD, GARDEN PRAIRIE, IL 61038
Preparer
Roger E Wooten
Phone
6302721019
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

Members

Pt VI, Line 7A

Members

Pt VI, Line 11B

990 was discussed at the September 2014 Meeting

Pt VI, Line 12C

Board Meetings

Pt VI, Line 15A

Board of Directors

Pt VI, Line 15B

Board of Directors

Raw XML Appendix309 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/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990ProvidedToGvrnBodyInd0true
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IRS990/FormationYr01990
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IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd0false
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IRS990/GrantToRelatedPersonInd0false
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IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0true
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt068734
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02333
IRS990/OfficeExpensesGrp/ProgramServicesAmt02333
IRS990/OfficeExpensesGrp/TotalAmt04666
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc1Dues
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IRS990/OwnWebsiteInd0X
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IRS990/PYContributionsGrantsAmt050526
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-1565
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/ReturnTs02018-11-14T22:06:40-08:00
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ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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