Civic Intelligence

Foundation for Homan Square F/K/A Homan Arthington Foundation

990 • Fiscal year 2023 • EIN 36-4032118

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 23, 2024

Organization ProfileWWW.HOMANSQUARE.ORG

Refreshing map…

906 S Homan AveChicago, IL 60624

(630) 990-8990

Siviq Scores

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

Liabilities / Assets

20th percentile

0.04x

Higher debt load relative to assets than 20% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Liabilities / Revenue

78th percentile

1.32x

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

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Net Margin

3rd percentile

-110%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

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

2023 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2023

Asset Growth

14th percentile

-3.9%

Faster asset growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Revenue Growth

87th percentile

37%

Faster revenue growth than 87% of similar nonprofits.

2023 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets20th percentile

Assets

Down

$51,891,398

Down $2,105,048 (-3.9%) from 2022

Net Assets

Down

$49,715,892

Down $1,677,705 (-3.3%) from 2022

Liabilities

Down

$2,175,506

Down $427,343 (-16%) from 2022

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin3rd percentile

Revenue

Up

$1,645,920

Up $445,854 (+37%) from 2022

Expenses

Up

$3,462,344

Up $512,245 (+17%) from 2022

Net Income

Down

-$1,816,424

Down $66,391 (-3.8%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth14th percentile

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

2023

Assets$51,891,398
Liabilities$2,175,506
Net Assets$49,715,892
Open 2023 Filing

Operations Trend

Revenue Growth87th percentile

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

2023

Revenue$1,645,920
Expenses$3,462,344
Net Income-$1,816,424
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 23, 2024
Return Version
2023v5.1
Gross Receipts
$1,645,920
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, homeownership, community redevelopment, and other charitable activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$31,534,789$30,194,148▼ $1,340,641
Investments Other Securities$14,686,228$14,201,131▼ $485,097
Prepaid Expenses and Deferred Charges$1,581,143$1,495,490▼ $85,653
Cash and Non-Interest-Bearing Accounts$1,231,248$953,910▼ $277,338
Investments in Publicly Traded Securities$676,769$818,823▲ $142,054
Accounts Receivable$57,979$82,025▲ $24,046
Total Assets$53,996,446$51,891,398▼ $2,105,048
Other Assets Total$4,228,290$4,145,871▼ $82,419
Liabilities
Other Liabilities$1,224,440$1,243,310▲ $18,870
Unsecured Notes Loans Payable$645,205$630,643▼ $14,562
Accounts Payable and Accrued Expenses$671,148$299,223▼ $371,925
Deferred Revenue$62,056$2,330▼ $59,726
Total Liabilities$2,602,849$2,175,506▼ $427,343
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$45,501,599$43,845,112▼ $1,656,487
Net Assets With Donor Restrictions$5,891,998$5,870,780▼ $21,218
Total Net Assets Fund Balance$51,393,597$49,715,892▼ $1,677,705
Total Liabilities and Net Assets / Fund Balance$53,996,446$51,891,398▼ $2,105,048

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$29,895,645$13,001,731$42,897,376
Other Land Buildings$14,936$1,055,928$1,070,864
Land$283,567-$283,567
Other Assets Org$352,754--
Other Securities$14,201,131--
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Rodney Jones-tysonBoard Chair
Kristin DeanVice Chair
Brenda Palms BarberMember
Deborah MooreMember
Paul CoffeyMember
Sheila McnaryMember
Yvonne ShieldsMember
Revenue and Support

Revenue Composition

Contributions and Grants
$158,330
Program Service Revenue
$1,352,343
Investment Income
$23,500
Other Revenue
$111,747
All Other Contributions
$158,330
Change in Net Assets
$-1,816,424
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,460,361
Grants and Similar Amounts Paid$1,983
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$1,340,641--$1,340,641
Fees for Services Management$415,299$359,647-$774,946
Occupancy$147,401--$147,401
Insurance$70,683--$70,683
Fees for Services Accounting-$61,473-$61,473
Office Expenses-$49,566-$49,566
Other Expenses$477,716$21,610-$21,610
Interest$15,583--$15,583
Fees for Services Legal-$10,146-$10,146
Fees for Services Other-$5,500-$5,500
Grants to Domestic Orgs$1,983--$1,983
Total Functional Expenses$2,954,402$507,942$0$3,462,344
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
Due to Affiliates$1,243,310
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
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 organization'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.”

Filing and Contact Details

Filer

Filer Name
Foundation for Homan Square
EIN
36-4032118
Phone
6309908990
Address
906 S HOMAN AVE, CHICAGO, IL 60624

Signing Officer

Name
Rodney Jones-tyson
Title
Board Chair
Phone
6309908990
Signed
2024-10-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suza Leao-reuter
Formed
2012
Legal Domicile
Il
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Laura Kielczewski
Phone
9732283500
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“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 irc and did not have any unrelated business income for the year ended december 31, 2023. Due to its tax-exempt status, foundation is not subject to income taxes. Foundation is required to file and does file tax returns with the irs and other taxing authorities. Accordingly, these consolidated financial statements do not reflect a provision for income taxes and foundation has no other tax positions which must be considered for disclosure.”

Raw XML AppendixShowing 400 of 543 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/BOYAmt0671148
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0299223
IRS990/AccountsReceivableGrp/BOYAmt057979
IRS990/AccountsReceivableGrp/EOYAmt082025
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, HOMEOWNERSHIP, COMMUNITY REDEVELOPMENT, AND OTHER CHARITABLE ACTIVITIES.
IRS990/AllOtherContributionsAmt0158330
IRS990/AuditCommitteeInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CASEY ROONEY
IRS990/BooksInCareOfDetail/PhoneNum06309908990
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0906 S HOMAN AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0CHICAGO
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060624
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt01231248
IRS990/CashNonInterestBearingGrp/EOYAmt0953910
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0158330
IRS990/CYGrantsAndSimilarPaidAmt01983
IRS990/CYInvestmentIncomeAmt023500
IRS990/CYOtherExpensesAmt03460361
IRS990/CYOtherRevenueAmt0111747
IRS990/CYProgramServiceRevenueAmt01352343
IRS990/CYRevenuesLessExpensesAmt0-1816424
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt03462344
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01645920
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt062056
IRS990/DeferredRevenueGrp/EOYAmt02330
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01340641
IRS990/DepreciationDepletionGrp/TotalAmt01340641
IRS990/Desc0FACILITATE, 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/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd01
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt05891998
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt05870780
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt02954402
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt061473
IRS990/FeesForServicesAccountingGrp/TotalAmt061473
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt010146
IRS990/FeesForServicesLegalGrp/TotalAmt010146
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt0359647
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0415299
IRS990/FeesForServicesManagementGrp/TotalAmt0774946
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt05500
IRS990/FeesForServicesOtherGrp/TotalAmt05500
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0BRENDA PALMS BARBER
IRS990/Form990PartVIISectionAGrp/PersonNm1DEBORAH MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm2KRISTIN DEAN
IRS990/Form990PartVIISectionAGrp/PersonNm3PAUL COFFEY
IRS990/Form990PartVIISectionAGrp/PersonNm4RODNEY JONES-TYSON
IRS990/Form990PartVIISectionAGrp/PersonNm5SHEILA MCNARY
IRS990/Form990PartVIISectionAGrp/PersonNm6YVONNE SHIELDS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt01983
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01983
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01983
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01645920
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ProgramServicesAmt070683
IRS990/InsuranceGrp/TotalAmt070683
IRS990/InterestGrp/ProgramServicesAmt015583
IRS990/InterestGrp/TotalAmt015583
IRS990/InvestmentIncomeGrp/ExclusionAmt023500
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt023500
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt014686228
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt014201131
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0676769
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0818823
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt014057659
IRS990/LandBldgEquipBasisNetGrp/BOYAmt031534789
IRS990/LandBldgEquipBasisNetGrp/EOYAmt030194148
IRS990/LandBldgEquipCostOrOtherBssAmt044251807
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
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/NetAssetsOrFundBalancesBOYAmt051393597
IRS990/NetAssetsOrFundBalancesEOYAmt049715892
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0138719
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt045501599
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt043845112
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt0147401
IRS990/OccupancyGrp/TotalAmt0147401
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt049566
IRS990/OfficeExpensesGrp/TotalAmt049566
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt04228290
IRS990/OtherAssetsTotalGrp/EOYAmt04145871
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0LOSS ON INVESTMENT IN S
IRS990/OtherExpensesGrp/Desc1REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc2OPERATIONAL AND STABILI
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt021610
IRS990/OtherExpensesGrp/ProgramServicesAmt0485096
IRS990/OtherExpensesGrp/ProgramServicesAmt1477716
IRS990/OtherExpensesGrp/TotalAmt0485096
IRS990/OtherExpensesGrp/TotalAmt1477716
IRS990/OtherExpensesGrp/TotalAmt221610
IRS990/OtherLiabilitiesGrp/BOYAmt01224440
IRS990/OtherLiabilitiesGrp/EOYAmt01243310
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0ASSET MANAGEMENT FEE
IRS990/OtherRevenueMiscGrp/Desc1DEVELOPER FEES
IRS990/OtherRevenueMiscGrp/Desc2MANAGEMENT FEES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt048706
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt139128
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt223913
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt048706
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt139128
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt223913
IRS990/OtherRevenueTotalAmt0111747
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01581143
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01495490
IRS990/PrincipalOfficerNm0SUZA LEAO-REUTER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/BusinessCd1531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/Desc1RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0780219
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1572124
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0780219
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1572124
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0279150
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt026
IRS990/PYOtherExpensesAmt02950099
IRS990/PYOtherRevenueAmt0-406431
IRS990/PYProgramServiceRevenueAmt01327321
IRS990/PYRevenuesLessExpensesAmt0-1750033
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02950099
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01200066
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1816424
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01464090
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0DEVELOPER FEE - 2022 AMOUNT: $ 39,128. 2023 AMOUNT: $ 39,128. MISC INCOME - 2019 AMOUNT: $ 1,520. 2020 AMOUNT: $ 1,343. 2021 AMOUNT: $ 3,605. MANAGEMENT FEES - 2019 AMOUNT: $ 10,260. 2020 AMOUNT: $ 108,499. 2021 AMOUNT: $ 23,114. 2022 AMOUNT: $ 23,507. 2023 AMOUNT: $ 23,913. ASSET MANAGEMENT FEE - 2019 AMOUNT: $ 39,012. 2020 AMOUNT: $ 44,571. 2021 AMOUNT: $ 45,902. 2022 AMOUNT: $ 47,286. 2023 AMOUNT: $ 48,706.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0158330
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0279150
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0169080
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0432406
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0109208
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01148174
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt023500
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt026
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt041557
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0159706
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0224815
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt06017721
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0111747
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0109921
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt072621
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0154413
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt050792
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0499494
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.61320
IRS990ScheduleA/PublicSupportPY170Pct00.58120
IRS990ScheduleA/PublicSupportTotal170Amt01148174
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0158330
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0279150
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0169080
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0432406
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0109208
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01148174
IRS990ScheduleA/TotalSupportAmt01872483
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/BookValueAmt029895645
IRS990ScheduleD/BuildingsGrp/DepreciationAmt013001731
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt042897376
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0283567
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0283567
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt03793117
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1352754
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DUE FROM AFFILIATES
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1DEFERRED LEASE ASSET
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014936
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt01055928
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt01070864
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01243310
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO AFFILIATES
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt014201131
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN SUBSIDIARY
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FOUNDATION 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 IRC AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. DUE TO ITS TAX-EXEMPT STATUS, FOUNDATION IS NOT SUBJECT TO INCOME TAXES. FOUNDATION IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE IRS AND OTHER TAXING AUTHORITIES. ACCORDINGLY, THESE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR INCOME TAXES AND FOUNDATION HAS NO OTHER TAX POSITIONS WHICH MUST BE CONSIDERED FOR DISCLOSURE.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt030194148
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04145871
IRS990ScheduleD/TotalBookValueSecuritiesAmt014201131
IRS990ScheduleD/TotalLiabilityAmt01243310
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UPON COMPLETION OF THE FINANCIAL STATEMENT AUDIT, THE ORGANIZATION'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/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
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0FOUNDATION FOR HOMAN SQUARE
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1FOUNDATION FOR HOMAN SQUARE
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/EIN0264581396
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt1C
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 HOUSING INC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt1HOMAN TOWER MM NFP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt014546475
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt114159131
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt01120251
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt1354924
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt02211 S YORK ROAD SUITE 207
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
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd00
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd10
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd20
IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/DisproportionateAllocationsInd30

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$51,891,398
Liabilities
$2,175,506
Net assets
$49,715,892
Revenue
$1,645,920
Expenses
$3,462,344
Net income
-$1,816,424
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.6$4.11$48.5$1.63$2.93$1.30
2023Detailed filing. Detailed filing data is available for this year.$51.9$2.18$49.7$1.65$3.46$1.82
2022Detailed filing. Detailed filing data is available for this year.$54.0$2.60$51.4$1.20$2.95$1.75
2021Detailed filing. Detailed filing data is available for this year.$54.4$1.08$53.3$0.60$2.80$2.21
2020Detailed filing. Detailed filing data is available for this year.$56.2$0.82$55.4$1.79$2.95$1.16
2019Detailed filing. Detailed filing data is available for this year.$57.0$0.60$56.4$1.78$2.97$1.19
2018Detailed filing. Detailed filing data is available for this year.$52.8$0.41$52.4$1.15$3.47$2.32
2017Detailed filing. Detailed filing data is available for this year.$55.0$0.28$54.7$1.89$4.76$2.87
2016Detailed filing. Detailed filing data is available for this year.$57.8$0.24$57.6$7.47$3.79$3.68