Civic Intelligence

Cda Midway Plaisance Association

EIN 36-3876937 • 501(c)3 • Chicago, IL

Pub. 78 Eligible

Profile

AFFORDABLE HOUSING-

731 E 60th StreetChicago, IL 60637

n/A

Siviq Scores

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

Liabilities / Assets

98th percentile

2.30x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

11.07x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

7th percentile

-45%

Higher net margin than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$392,491

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 57.9% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

78th percentile

19%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

79th percentile

38%

Faster revenue growth than 79% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,262,302

Up $512,105 (+19%) from 2023

Liabilities

Up

$7,499,961

Up $818,898 (+12%) from 2023

Net Assets

Down

-$4,237,659

Down $306,793 (-7.8%) from 2023

Revenue

Up

$677,726

Up $187,269 (+38%) from 2023

Expenses

Down

$984,519

Down $69,888 (-6.6%) from 2023

Net Income

Up

-$306,793

Up $257,157 (+46%) from 2023

Trend Graphs

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2016: $2,175,795Liabilities 2016: $3,905,278Net Assets 2016: -$1,729,4832016Assets 2017: $2,089,956Liabilities 2017: $3,958,707Net Assets 2017: -$1,868,7512017Assets 2018: $2,022,950Liabilities 2018: $4,022,000Net Assets 2018: -$1,999,0502018Assets 2019: $1,939,382Liabilities 2019: $4,255,264Net Assets 2019: -$2,315,8822019Assets 2020: $1,863,181Liabilities 2020: $4,453,394Net Assets 2020: -$2,590,2132020Assets 2021: $2,090,957Liabilities 2021: $5,035,356Net Assets 2021: -$2,944,3992021Assets 2022: $2,409,608Liabilities 2022: $5,776,524Net Assets 2022: -$3,366,9162022Assets 2023: $2,750,197Liabilities 2023: $6,681,063Net Assets 2023: -$3,930,8662023Assets 2024: $3,262,302Liabilities 2024: $7,499,961Net Assets 2024: -$4,237,6592024

Highlighted filing

2024

Assets$3,262,302
Liabilities$7,499,961
Net Assets-$4,237,659

Operations Trend

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

$1.5M$1.0M$500K$0-$500K-$1.0MRevenue 2016: $547,118Expenses 2016: $714,059Net Income 2016: -$166,9412016Revenue 2017: $600,384Expenses 2017: $739,652Net Income 2017: -$139,2682017Revenue 2018: $671,154Expenses 2018: $801,453Net Income 2018: -$130,2992018Revenue 2019: $646,349Expenses 2019: $963,181Net Income 2019: -$316,8322019Revenue 2020: $641,520Expenses 2020: $915,851Net Income 2020: -$274,3312020Revenue 2021: $535,554Expenses 2021: $889,740Net Income 2021: -$354,1862021Revenue 2022: $541,279Expenses 2022: $963,796Net Income 2022: -$422,5172022Revenue 2023: $490,457Expenses 2023: $1,054,407Net Income 2023: -$563,9502023Revenue 2024: $677,726Expenses 2024: $984,519Net Income 2024: -$306,7932024

Highlighted filing

2024

Revenue$677,726
Expenses$984,519
Net Income-$306,793

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 7, 2025
Return Version
2024v5.2
Gross Receipts
$677,726
Mission and Program Overview

Mission

AFFORDABLE HOUSING-

Affordable housing- the organization was formed to develop, own and operate an affordable housing project for very low income households aged 62 or older.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,308,186$1,906,158▲ $597,972
Land, Buildings, and Equipment, Net$1,266,018$1,177,700▼ $88,318
Cash and Non-Interest-Bearing Accounts$737$1,110▲ $373
Rtn Earn Endowment Incm Other Fnds$-3,930,866$-4,237,659▼ $306,793
Total Assets$2,750,197$3,262,302▲ $512,105
Other Assets Total$175,256$177,334▲ $2,078
Liabilities
Accounts Payable and Accrued Expenses$3,012,722$3,831,102▲ $818,380
Unsecured Notes Loans Payable$3,618,800$3,618,800→ $0
Other Liabilities$49,541$50,059▲ $518
Total Liabilities$6,681,063$7,499,961▲ $818,898
Net Assets / Fund Balance
Total Net Assets Fund Balance$-3,930,866$-4,237,659▼ $306,793
Total Liabilities and Net Assets / Fund Balance$2,750,197$3,262,302▲ $512,105

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,027,763$2,491,495-
Land$149,937--
Equipment$0$155,881-
Other Assets Org$6,638--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Christine Mj OliverPresident-directorPT$392,491$392,491

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$676,554
Investment Income
$1,172
Other Revenue
$0
Change in Net Assets
$-306,793

Audited Revenue Reconciliation

Revenue per Audited Statements
$677,726
Total Revenue per Audited Statements
$677,726
Total Revenue per Form 990
$677,726
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$755,280
Salaries, Compensation, and Employee Benefits$229,239
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$189,368$9,967$0$199,335
Insurance$169,092$0$0$169,092
Depreciation Depletion$88,318$0$0$88,318
All Other Expenses$87,213$0$0$87,213
Office Expenses$49,721$16,574$0$66,295
Fees for Services Legal$43,826$0$0$43,826
Fees for Services Accounting$5,616$37,800$0$43,416
Fees for Services Management$0$43,056$0$43,056
Payroll Taxes$29,904$0$0$29,904
Other Expenses$27,486$0$0$27,486
Total Functional Expenses$877,122$107,397$0$984,519

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$984,519
Total Expenses per Audited Statements$984,519
Total Expenses per Form 990$984,519
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Chicago Dwellings AssociationCommon Board MembersPooled InsuranceNo$79,244
Community Management AssociationCommon Board MembersManagment FeesNo$43,056
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Construction Advances Due to Chicago Dwellings$37,146
Tenant Security Deposits$12,913
Governance and Compliance

Governance Checklist

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

Filer

Filer Name
Cda Midway Plaisance Association
EIN
36-3876937
Phone
6307896709
Address
731 E 60TH STREET, CHICAGO, IL 60637

Signing Officer

Name
Rev Stanley L Davis
Title
Chairman
Phone
6307896709
Signed
2025-11-07

Organization Details

Principal Officer
C Oliver
Formed
1993
Legal Domicile
Il
Voting Board Members
4
Independent Board Members
4
Employees
11
Volunteers
0

Preparer

Firm
Arthur P Donner CPA
Address
760 NORTH FRONTAGE RD SUITE 105, WILLOWBROOK, IL 60527
Preparer
Arthur P Donner
Phone
6307896709
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Copy circulated to president for board member review

Pt VI, Line 12C

Via communication and board meetings

Pt VI, Line 19

All information provided upon request and financial information provided to hud annually

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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01005
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03511
IRS990ScheduleA/InvestmentIncomeCYPct00.00120
IRS990ScheduleA/InvestmentIncomePYPct00.00170
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99880
IRS990ScheduleA/PublicSupportPY509Pct00.99830
IRS990ScheduleA/PublicSupportTotal509Amt02917726
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0711255
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0489303
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0541139
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0535514
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0640515
IRS990ScheduleA/Total509Grp/TotalAmt02917726
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02921237
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt01027763
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02491495
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt03519258
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0155881
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0155881
IRS990ScheduleD/ExpensesSubtotalAmt0984519
IRS990ScheduleD/LandGrp/BookValueAmt0149937
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0149937
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012588
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1156079
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt22029
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt36638
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RESERVE FOR REPLACEMENTS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2INSURANCE ESCROW
IRS990ScheduleD/OtherAssetsOrgGrp/Desc3RESIDUAL RECEIPTS RESERVE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt037146
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt112913
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CONSTRUCTION ADVANCES DUE TO CHICAGO DWELLINGS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt0677726
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01177700
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0177334
IRS990ScheduleD/TotalExpensesPerForm990Amt0984519
IRS990ScheduleD/TotalLiabilityAmt050059
IRS990ScheduleD/TotalRevenuePerForm990Amt0677726
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0677726
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0984519
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0392491
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTINE MJ OLIVER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0392491
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0CHICAGO DWELLINGS ASSOCIATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm1COMMUNITY MANAGEMENT ASSOCIATION
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0COMMON BOARD MEMBERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1COMMON BOARD MEMBERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd1false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt079244
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt143056
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0POOLED INSURANCE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1MANAGMENT FEES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COPY CIRCULATED TO PRESIDENT FOR BOARD MEMBER REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VIA COMMUNICATION AND BOARD MEETINGS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL INFORMATION PROVIDED UPON REQUEST AND FINANCIAL INFORMATION PROVIDED TO HUD ANNUALLY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHICAGO DWELLINGS ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1COMMUNITY MANAGEMENT ASSOCIATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0366109056
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1364167214
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDING LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1AFFORDABLE HOUSING REAKL ESTATE MANAGEMENT
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt1509(A)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0760 N FRONTAGE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1760 N FRONTAGE ROAD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0WILLOWBROOK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1WILLOWBROOK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd060527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd160527
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0true
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false

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