Civic Intelligence

Foundation for Homan Square

990 • Fiscal year 2016 • EIN 36-4032118

Jan 01, 2016 to Dec 31, 2016 • Filed on Sep 12, 2017

2211 York Road No 207Oak Brook, IL 60523

(630) 990-8990

Siviq Scores

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

Liabilities / Assets

6th percentile

0.00x

Higher debt load relative to assets than 6% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

7th percentile

0.03x

Higher debt load relative to revenue than 7% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

93rd percentile

49%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

4th percentile

$0

Higher top officer pay than 4% of similar nonprofits.

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

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

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

Source year 2016

Revenue Growth

Score unavailable

No value available

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

Source year 2016

Assets

$57,812,150

No earlier filing loaded for comparison.

Net Assets

$57,570,167

No earlier filing loaded for comparison.

Liabilities

$241,983

No earlier filing loaded for comparison.

Revenue

$7,466,771

No earlier filing loaded for comparison.

Expenses

$3,788,241

No earlier filing loaded for comparison.

Net Income

$3,678,530

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2016: $57,812,150Liabilities 2016: $241,983Net Assets 2016: $57,570,1672016Assets 2017: $54,976,673Liabilities 2017: $275,420Net Assets 2017: $54,701,2532017Assets 2018: $52,795,685Liabilities 2018: $408,784Net Assets 2018: $52,386,9012018Assets 2019: $57,033,815Liabilities 2019: $597,973Net Assets 2019: $56,435,8422019Assets 2020: $56,228,741Liabilities 2020: $817,977Net Assets 2020: $55,410,7642020Assets 2021: $54,401,523Liabilities 2021: $1,076,873Net Assets 2021: $53,324,6502021Assets 2022: $53,996,446Liabilities 2022: $2,602,849Net Assets 2022: $51,393,5972022Assets 2023: $51,891,398Liabilities 2023: $2,175,506Net Assets 2023: $49,715,8922023Assets 2024: $52,614,674Liabilities 2024: $4,109,548Net Assets 2024: $48,505,1262024

Highlighted filing

2016

Assets$57,812,150
Liabilities$241,983
Net Assets$57,570,167

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2016: $7,466,771Expenses 2016: $3,788,241Net Income 2016: $3,678,5302016Revenue 2017: $1,887,962Expenses 2017: $4,756,876Net Income 2017: -$2,868,9142017Revenue 2018: $1,153,302Expenses 2018: $3,473,421Net Income 2018: -$2,320,1192018Revenue 2019: $1,778,625Expenses 2019: $2,968,557Net Income 2019: -$1,189,9322019Revenue 2020: $1,793,014Expenses 2020: $2,951,544Net Income 2020: -$1,158,5302020Revenue 2021: $595,152Expenses 2021: $2,802,782Net Income 2021: -$2,207,6302021Revenue 2022: $1,200,066Expenses 2022: $2,950,099Net Income 2022: -$1,750,0332022Revenue 2023: $1,645,920Expenses 2023: $3,462,344Net Income 2023: -$1,816,4242023Revenue 2024: $1,628,839Expenses 2024: $2,928,078Net Income 2024: -$1,299,2392024

Highlighted filing

2016

Revenue$7,466,771
Expenses$3,788,241
Net Income$3,678,530
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Sep 12, 2017
Return Version
2016v3.0
Gross Receipts
$12,698,987
Mission and Program Overview

Mission

Facilitate, encourage and foster the welfare of low-income and underprivileged families and individuals residing in the city of chicago through promotion of affordable housing, home ownership, community redevelopment and other charitable activities

Facilitate, encourage, and foster the welfare of low-income and underprivileged families and individuals residing in the city of chicago through promotion of affordable housing, home ownership, community redevelopment, and other charitable activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$34,949,625$34,374,010▼ $575,615
Investments Other Securities$36,339,225$15,406,340▼ $20,932,885
Investments in Publicly Traded Securities$1,280,646$664,243▼ $616,403
Cash and Non-Interest-Bearing Accounts$357,099$510,776▲ $153,677
Pledges and Grants Receivable$106,465$0▼ $106,465
Savings and Temporary Cash Investments$458,032$56,569▼ $401,463
Accounts Receivable$494$52,873▲ $52,379
Total Assets$76,449,922$57,812,150▼ $18,637,772
Other Assets Total$2,958,336$6,747,339▲ $3,789,003
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,291,672$0▼ $2,291,672
Accounts Payable and Accrued Expenses$135,902$135,902→ $0
Deferred Revenue$105,844$104,581▼ $1,263
Other Liabilities$5,026,904$1,500▼ $5,025,404
Total Liabilities$7,560,322$241,983▼ $7,318,339
Net Assets / Fund Balance
Unrestricted Net Assets$68,889,600$57,570,167▼ $11,319,433
Total Net Assets Fund Balance$68,889,600$57,570,167▼ $11,319,433
Total Liabilities and Net Assets / Fund Balance$76,449,922$57,812,150▼ $18,637,772

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$34,090,443$1,559,339$35,649,782
Land$283,567-$283,567
Other Land Buildings$0$13,063$13,063
Other Assets Org$6,747,339--
Other Securities$15,406,340--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kristin DeanPresident
Paul CoffeyVice president
Merri EXSecretary
William T KingTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5,202,702
Program Service Revenue
$700,648
Investment Income
$120,717
Other Revenue
$1,442,704
All Other Contributions
$1,449,904
Change in Net Assets
$3,678,530

Audited Revenue Reconciliation

Revenue per Audited Statements
$7,466,771
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,069,236
Total Revenue per Audited Statements
$8,536,007
Total Revenue per Form 990
$7,466,771
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,788,241
Total Fundraising Expense$165,791
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,138,166--$1,138,166
Fees for Services Other$282,371--$282,371
Occupancy$73,719$60,316-$134,035
Other Expenses$106,465$465,372$155,124$106,465
Fees for Services Accounting$72,625--$72,625
Office Expenses$28,444$32,000$10,667$71,111
Insurance$51,857--$51,857
Fees for Services Management$18,000--$18,000
All Other Expenses$6,000--$6,000
Total Functional Expenses$3,064,762$557,688$165,791$3,788,241

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,070,268
Expenses per Audited Statements$3,788,241
Total Expenses per Form 990$3,788,241
Expenses Not Reported on Form 990$2,282,027
Expenses Not Reported on Financial Statements$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 Held in Trust$1,500
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 8B

the organization does not have any committees.

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

Upon completion of the financial statement audit, the organizaion's financial managers review a draft of the relevant forms for approval prior to the final filing of such documents.

Form 990, Part VI, Section C, line 19

All documents are available upon request at the organization's offices during normal business hours.

90 Part VI line 13 and 14

The organization does not have any employees, thus no policy is needed.

Part VI, Line 15 Ceo/executive Director Compensation Review Process

The organization does not have a ceo, executive director, or other officers for which a review of compensation needs to be done, therefore the process is unnecessary.

Filing and Contact Details

Filer

Filer Name
Foundation for Homan Square
EIN
36-4032118
Phone
6309908990
Address
2211 York Road No 207, OAK BROOK, IL 60523

Signing Officer

Name
William T King
Title
Member
Phone
6309908990
Signed
2017-09-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William T King
Formed
2012
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
4 BECKER FARM ROAD, ROSELAND, NJ 07068
Preparer
Thomas Lanning
Phone
9732283500
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Other Changes is Net Assets -14,997,963.

Form 990 Part XII line 2C

The Organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant.

Financial Statement Notes

Part X, Line 2:

The Foundation has applied for and received a determination letter from the Internal Revenue Service ("IRS") to be treated as a tax Exempt entity pursuant to Section 501(c)(3)of the Internal Revenue Code and did not have any unrelated business income for the year ended December 31, 2016. Due to its tax exempt status, the Foundation is not subject to income taxes. The Foundation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Foundation has no other tax positions which must be considered for disclosure.

Part XI, Line 2D - Other Adjustments:

Related Revenue 1,119,632. Eliminations -50,396.

Part XII, Line 2D - Other Adjustments:

Related Expenses 2,324,113. Eliminations -42,086.

Raw XML AppendixShowing 400 of 580 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0135902
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0135902
IRS990/AccountsReceivableGrp/BOYAmt0494
IRS990/AccountsReceivableGrp/EOYAmt052873
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FACILITATE, ENCOURAGE, AND FOSTER THE WELFARE OF LOW-INCOME AND UNDERPRIVILEGED FAMILIES AND INDIVIDUALS RESIDING IN THE CITY OF CHICAGO THROUGH PROMOTION OF AFFORDABLE HOUSING, HOME OWNERSHIP, COMMUNITY REDEVELOPMENT, AND OTHER CHARITABLE ACTIVITIES.
IRS990/AllOtherContributionsAmt01449904
IRS990/AllOtherExpensesGrp/ProgramServicesAmt06000
IRS990/AllOtherExpensesGrp/TotalAmt06000
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0WILLIAM T KING THE SHAW CO
IRS990/BooksInCareOfDetail/PhoneNum06309908990
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02001 YORK ROAD SUITE 550
IRS990/BooksInCareOfDetail/USAddress/CityNm0OAK BROOK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060523
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0357099
IRS990/CashNonInterestBearingGrp/EOYAmt0510776
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05202702
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0120717
IRS990/CYOtherExpensesAmt03788241
IRS990/CYOtherRevenueAmt01442704
IRS990/CYProgramServiceRevenueAmt0700648
IRS990/CYRevenuesLessExpensesAmt03678530
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03788241
IRS990/CYTotalFundraisingExpenseAmt0165791
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt07466771
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0105844
IRS990/DeferredRevenueGrp/EOYAmt0104581
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01138166
IRS990/DepreciationDepletionGrp/TotalAmt01138166
IRS990/Desc0Facilitate, encourage and foster the welfare of low-income andunderprivileged families and individuals residing in the City ofChicago through promotion of affordable housing, home ownership,community redevelopment and other charitable activities
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt03064762
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt072625
IRS990/FeesForServicesAccountingGrp/TotalAmt072625
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt018000
IRS990/FeesForServicesManagementGrp/TotalAmt018000
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0282371
IRS990/FeesForServicesOtherGrp/TotalAmt0282371
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0Kristin Dean
IRS990/Form990PartVIISectionAGrp/PersonNm1Merri EX
IRS990/Form990PartVIISectionAGrp/PersonNm2Paul Coffey
IRS990/Form990PartVIISectionAGrp/PersonNm3William T King
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice president
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt036499
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GovernmentGrantsAmt03752798
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt05268715
IRS990/GrossReceiptsAmt012698987
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt051857
IRS990/InsuranceGrp/TotalAmt051857
IRS990/InvestmentIncomeGrp/ExclusionAmt084218
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt084218
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt036339225
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt015406340
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01280646
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0664243
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01572402
IRS990/LandBldgEquipBasisNetGrp/BOYAmt034949625
IRS990/LandBldgEquipBasisNetGrp/EOYAmt034374010
IRS990/LandBldgEquipCostOrOtherBssAmt035946412
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt05232216
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt051062
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt051062
IRS990/MissionDesc0FACILITATE, ENCOURAGE AND FOSTER THE WELFARE OF LOW-INCOME AND UNDERPRIVILEGED FAMILIES AND INDIVIDUALS RESIDING IN THE CITY OF CHICAGO THROUGH PROMOTION OF AFFORDABLE HOUSING, HOME OWNERSHIP, COMMUNITY REDEVELOPMENT AND OTHER CHARITABLE ACTIVITIES
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt02291672
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt068889600
IRS990/NetAssetsOrFundBalancesEOYAmt057570167
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt036499
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt036499
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt060316
IRS990/OccupancyGrp/ProgramServicesAmt073719
IRS990/OccupancyGrp/TotalAmt0134035
IRS990/OfficeExpensesGrp/FundraisingAmt010667
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt032000
IRS990/OfficeExpensesGrp/ProgramServicesAmt028444
IRS990/OfficeExpensesGrp/TotalAmt071111
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02958336
IRS990/OtherAssetsTotalGrp/EOYAmt06747339
IRS990/OtherChangesInNetAssetsAmt0-14997963
IRS990/OtherExpensesGrp/Desc0MANAGEMENT COMPANY REIM
IRS990/OtherExpensesGrp/Desc1OPERATIONAL AND STABILI
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANAC
IRS990/OtherExpensesGrp/Desc3Bad Debt EXpenses
IRS990/OtherExpensesGrp/FundraisingAmt0155124
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0465372
IRS990/OtherExpensesGrp/ProgramServicesAmt0413664
IRS990/OtherExpensesGrp/ProgramServicesAmt1655894
IRS990/OtherExpensesGrp/ProgramServicesAmt2217557
IRS990/OtherExpensesGrp/ProgramServicesAmt3106465
IRS990/OtherExpensesGrp/TotalAmt01034160
IRS990/OtherExpensesGrp/TotalAmt1655894
IRS990/OtherExpensesGrp/TotalAmt2217557
IRS990/OtherExpensesGrp/TotalAmt3106465
IRS990/OtherLiabilitiesGrp/BOYAmt05026904
IRS990/OtherLiabilitiesGrp/EOYAmt01500
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0Debt Forgiveness
IRS990/OtherRevenueMiscGrp/Desc1DEVELOment FEE
IRS990/OtherRevenueMiscGrp/Desc2admin recovery
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0651299
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt1606343
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2134000
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0651299
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1606343
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2134000
IRS990/OtherRevenueTotalAmt01442704
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0106465
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0WILLIAM T KING
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0700648
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0700648
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0487149
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt06675772
IRS990/PYOtherExpensesAmt01563829
IRS990/PYOtherRevenueAmt01738232
IRS990/PYProgramServiceRevenueAmt0637723
IRS990/PYRevenuesLessExpensesAmt07975047
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt01563829
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt09538876
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03678530
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02219769
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0458032
IRS990/SavingsAndTempCashInvstGrp/EOYAmt056569
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DEVELOPER FEE - 2015 Amount: $ 1,674,442. 2016 Amount: $ 606,343. MISC INCOME - 2015 Amount: $ 63,790. 2016 Amount: $ 48,062. Loss on Debt Forgiveness - 2016 Amount: $ 651,299. admin recovery - 2016 Amount: $ 134,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10, Explanation of Other Income:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04529215
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0487149
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04050987
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0136179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt05846179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt015049709
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt084218
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06711133
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt02285058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0152423
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0152795
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt09385627
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02032971
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01439704
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01738232
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03177936
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.54500
IRS990ScheduleA/PublicSupportTotal170Amt015049709
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04529215
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0487149
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt04050987
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0136179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt05846179
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt015049709
IRS990ScheduleA/TotalSupportAmt027613272
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/BookValueAmt034090443
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01559339
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt035649782
IRS990ScheduleD/ExpensesNotReportedAmt02282027
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03788241
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0283567
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0283567
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt06747339
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherExpensesIncludedAmt02282027
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt013063
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013063
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01500
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT DEPOSITS HELD IN TRUST
IRS990ScheduleD/OtherRevenueAmt01069236
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt015406340
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/RevenueNotReportedAmt01069236
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt07466771
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation has applied for and received a determination letter from the Internal Revenue Service ("IRS") to be treated as a tax Exempt entity pursuant to Section 501(c)(3)of the Internal Revenue Code and did not have any unrelated business income for the year ended December 31, 2016. Due to its tax exempt status, the Foundation is not subject to income taxes. The Foundation is required to file and does file tax returns with the IRS and other taxing authorities. Accordingly, these financial statements do not reflect a provision for income taxes and the Foundation has no other tax positions which must be considered for disclosure.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Related Revenue 1,119,632. Eliminations -50,396.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Related Expenses 2,324,113. Eliminations -42,086.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt034374010
IRS990ScheduleD/TotalBookValueOtherAssetsAmt06747339
IRS990ScheduleD/TotalBookValueSecuritiesAmt015406340
IRS990ScheduleD/TotalExpensesPerForm990Amt03788241
IRS990ScheduleD/TotalLiabilityAmt01500
IRS990ScheduleD/TotalRevenuePerForm990Amt07466771
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt08536007
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt06070268
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0the organization does not have any committees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON COMPLETION OF THE FINANCIAL STATEMENT AUDIT, THE ORGANIZAION'S FINANCIAL MANAGERS REVIEW A DRAFT OF THE RELEVANT FORMS FOR APPROVAL PRIOR TO THE FINAL FILING OF SUCH DOCUMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE ORGANIZATION'S OFFICES DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Other Changes is Net Assets -14,997,963.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization has a committee responsible for the oversight of the audit as well as the selection of the independent accountant.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION DOES NOT HAVE ANY EMPLOYEES, THUS NO POLICY IS NEEDED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION DOES NOT HAVE A CEO, EXECUTIVE DIRECTOR, OR OTHER OFFICERS FOR WHICH A REVIEW OF COMPENSATION NEEDS TO BE DONE, THEREFORE THE PROCESS IS UNNECESSARY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990 Part XII line 2c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc590 Part VI line 13 and 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6PART VI, LINE 15 CEO/EXECUTIVE DIRECTOR COMPENSATION REVIEW PROCESS
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0FDNHOMAN SQ
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1FDNHOMAN SQfh
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0HOMAN ARTHINGTON INVESTOR LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1homan arthington investor phase iv llc
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0611668733
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Investment
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1investment
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt10
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt02211 YORK RD STE 207
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt12211 YORK RD STE 207
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0OAK BROOK
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1oak brook
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd060523
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd160523
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0FDNHoman Sq
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt1FDNHoman Sq
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0262765846
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN1264581396
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd1IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct11.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0property mgmt
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt1PROPERTY MGMT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0HOMAN ARTHINGTON MANAGEMENT CO LLC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1HOMAN ARTHINGTON HOUSING INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt020034537
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt0846283
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt02211 York Road
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt12211 S YORK ROAD SUITE 207
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0Oak Brook
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm1OAK BROOK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd1IL
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd060523
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd160523

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings