Civic Intelligence

Lake County Partnership for Economic Development Inc.

990 • Fiscal year 2015 • EIN 36-4206288

Jan 01, 2015 to Dec 31, 2015 • Filed on May 03, 2016

Organization ProfileLAKECOUNTYPARTNERS.COM

View Organization Page

100 Tri-state Intl Dr No 122Lincolnshire, IL 60069

(847) 597-1220

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.12x

Higher debt load relative to assets than 52% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

42nd percentile

0.07x

Higher debt load relative to revenue than 42% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

63rd percentile

7.6%

Higher net margin than 63% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

90th percentile

$200,239

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 19.8% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

81st percentile

19%

Faster asset growth than 81% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

17%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$623,889

Up $100,639 (+19%) from 2014

Net Assets

Up

$552,004

Up $76,722 (+16%) from 2014

Liabilities

Up

$71,885

Up $23,917 (+50%) from 2014

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin63rd percentile

Revenue

Up

$1,011,297

Up $147,366 (+17%) from 2014

Expenses

Up

$934,575

Up $198,288 (+27%) from 2014

Net Income

Down

$76,722

Down $50,922 (-40%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth81st percentile

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

$1.5M$1.0M$500K$0Assets 2011: $123,356Liabilities 2011: $100,690Net Assets 2011: $22,6662011Assets 2012: $211,758Liabilities 2012: $77,873Net Assets 2012: $133,8852012Assets 2013: $398,053Liabilities 2013: $50,415Net Assets 2013: $347,6382013Assets 2014: $523,250Liabilities 2014: $47,968Net Assets 2014: $475,2822014Assets 2015: $623,889Liabilities 2015: $71,885Net Assets 2015: $552,0042015Assets 2016: $641,064Liabilities 2016: $60,234Net Assets 2016: $580,8302016Assets 2017: $580,077Liabilities 2017: $77,473Net Assets 2017: $502,6042017Assets 2018: $970,645Liabilities 2018: $46,970Net Assets 2018: $923,6752018Assets 2019: $1,034,981Liabilities 2019: $691,698Net Assets 2019: $343,2832019Assets 2020: $1,047,559Liabilities 2020: $588,137Net Assets 2020: $459,4222020Assets 2021: $1,205,864Liabilities 2021: $596,997Net Assets 2021: $608,8672021Assets 2022: $1,165,621Liabilities 2022: $578,426Net Assets 2022: $587,1952022Assets 2023: $1,255,646Liabilities 2023: $681,892Net Assets 2023: $573,7542023Assets 2024: $1,429,635Liabilities 2024: $683,110Net Assets 2024: $746,5252024

Highlighted filing

2015

Assets$623,889
Liabilities$71,885
Net Assets$552,004
Open 2015 Filing

Operations Trend

Revenue Growth73rd percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $1,018,6922011Expenses 2012: $808,7252012Revenue 2013: $923,602Expenses 2013: $709,849Net Income 2013: $213,7532013Revenue 2014: $863,931Expenses 2014: $736,287Net Income 2014: $127,6442014Revenue 2015: $1,011,297Expenses 2015: $934,575Net Income 2015: $76,7222015Revenue 2016: $1,091,283Expenses 2016: $1,062,457Net Income 2016: $28,8262016Revenue 2017: $1,021,438Expenses 2017: $1,099,664Net Income 2017: -$78,2262017Revenue 2018: $1,436,730Expenses 2018: $1,015,659Net Income 2018: $421,0712018Revenue 2019: $1,221,465Expenses 2019: $1,267,689Net Income 2019: -$46,2242019Revenue 2020: $1,143,963Expenses 2020: $1,027,824Net Income 2020: $116,1392020Revenue 2021: $1,384,451Expenses 2021: $1,235,006Net Income 2021: $149,4452021Revenue 2022: $1,020,964Expenses 2022: $1,042,636Net Income 2022: -$21,6722022Revenue 2023: $1,277,432Expenses 2023: $1,290,873Net Income 2023: -$13,4412023Revenue 2024: $1,381,568Expenses 2024: $1,208,797Net Income 2024: $172,7712024

Highlighted filing

2015

Revenue$1,011,297
Expenses$934,575
Net Income$76,722
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
May 3, 2016
Return Version
2015v2.1
Gross Receipts
$1,011,297
Mission and Program Overview

Mission

To maintain economic vitality and quality of life in lake county, illinois by creating and retaining quality jobs, stimulating capital investment, pursuing economic diversity and improving the county's business climate.

To maintain economic vitality and quality of life in lake county, illinois by creating and retaining jobs, stimulating capital investment, pursuing economic diversity and improving the county's business climate.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$476,857$597,793▲ $120,936
Land, Buildings, and Equipment, Net$36,088$14,187▼ $21,901
Prepaid Expenses and Deferred Charges$10,305$10,659▲ $354
Accounts Receivable-$1,250-
Total Assets$523,250$623,889▲ $100,639
Liabilities
Deferred Revenue$26,000$43,125▲ $17,125
Accounts Payable and Accrued Expenses$9,967$14,992▲ $5,025
Other Liabilities$12,001$13,768▲ $1,767
Total Liabilities$47,968$71,885▲ $23,917
Net Assets / Fund Balance
Unrestricted Net Assets$475,282$552,004▲ $76,722
Total Net Assets Fund Balance$475,282$552,004▲ $76,722
Total Liabilities and Net Assets / Fund Balance$523,250$623,889▲ $100,639

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$14,187$73,182$87,369
Compensation and Service Providers
Top Officer Pay90th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael StevensPresident & CEOFT$187,513$12,726$200,239
Kevin ConsidineManaging Director, Business OutreachFT$113,028$18,180$131,208

Board Members and Trustees

NameTitle
Joseph LunaChairman
Charles LamphereFormer Chairman
Richard KorengoldVice Chairman
Aaron LawlorDirector
Barry BurtonDirector
Bill WestermanDirector
Brad HarperDirector
Brent PaxtonDirector
Chuck BartelsDirector
Darade CollinsDirector
Darren BoundyDirector
Dean GlassbergDirector
Donovan PepperDirector
Frank DeuelDirector
Gail EdgarDirector
Ghida NeukirchDirector
Janet DeatheragoDirector
Jerry WeberDirector
Jesse Peterson HallDirector
K Michael WelchDirector
Kelly WatersDirector
Larry FalbeDirector
Marvin BembryDirector
Matthew PrimackDirector
Nick SauerDirector
S Michael RummelDirector
Steve KermischDirector
Suzanne ZupecDirector
Valery GallagherDirector
Jeffrey PozenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$752,614
Program Service Revenue
$161,815
Investment Income
$311
Other Revenue
$96,557
Change in Net Assets
$76,722

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,011,297
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$12,000
Total Revenue per Audited Statements
$1,023,297
Total Revenue per Form 990
$1,011,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$548,533
Other Expenses$386,042
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$233,594$31,854-$265,448
Current Officers, Directors, Trustees, and Key Employees$176,211$24,028-$200,239
Occupancy$47,142$6,429-$53,571
All Other Expenses$42,159$8,371-$50,530
Other Employee Benefits$40,631$5,541-$46,172
Fees for Services Other$13,551$23,330-$36,881
Payroll Taxes$32,272$4,402-$36,674
Other Expenses$24,469$238-$24,469
Depreciation Depletion$18,920$2,580-$21,500
Advertising$18,324--$18,324
Travel$17,440--$17,440
Fees for Services Accounting-$14,630-$14,630
Office Expenses$9,222$1,257-$10,479
Insurance-$2,421-$2,421
Total Functional Expenses$809,494$125,081$0$934,575

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$946,575
Expenses per Audited Statements$934,575
Total Expenses per Form 990$934,575
Expenses Not Reported on Form 990$12,000
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
Accrued Vacation$13,328
Accrued Expenses$440
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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

Governance Explanations

Form 990, Part VI, Section B, Line 11

“Form 990 is presented to the officers of the board of governors, who, upon review, make a recommendation to the board to submit it as prepared.”

Form 990, Part VI, Section B, Line 12C

“The organization's board of governors determines when a conflict of interest exists among its members and advises its members when a conflict does exist.”

Form 990, Part VI, Section B, Line 15

“Compensation studies are periodically performed by an independent party. The studies review compensation for comparable positions and organizations. The board of governors then determines if the organization's compensation package is comparable to other similar entities. The organization historically follows the study's recommendations and schedule for periodic cost of living adjustments.”

Form 990, Part VI, Section C, Line 18

“The organization makes its form 990 available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“Copies of the organization's governing documents, conflict of interest policy, and financial statements are available upon request at the organization's offices.”

Filing and Contact Details

Filer

Filer Name
Lake County Partnership for Economic
EIN
36-4206288
Phone
8475971220
Address
100 TRI-STATE INTL DR NO 122, LINCOLNSHIRE, IL 60069

Signing Officer

Name
Michael Stevens
Title
President
Phone
8475971220
Signed
2016-05-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Luna
Formed
1998
Legal Domicile
Il
Voting Board Members
31
Independent Board Members
31
Employees
6
Volunteers
0

Preparer

Firm
Pasquesi Sheppard LLC
Address
585 BANK LANE, LAKE FOREST, IL 60045
Preparer
Patrick C Gras
Phone
8472345000
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Miscellaneous: program service expenses 15,587. Management and general expenses 1,456. Fundraising expenses 0. Total expenses 17,043. Public relations: program service expenses 11,521. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,521. Telephone: program service expenses 8,356. Management and general expenses 1,139. Fundraising expenses 0. Total expenses 9,495. Loss on disposal of assets: program service expenses 0. Management and general expenses 4,699. Fundraising expenses 0. Total expenses 4,699. Printing: program service expenses 2,991. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,991. Supplies: program service expenses 2,254. Management and general expenses 308. Fundraising expenses 0. Total expenses 2,562. Utilities: program service expenses 1,450. Management and general expenses 197. Fundraising expenses 0. Total expenses 1,647. Postage and shipping: program service expenses 0. Management and general expenses 572. Fundraising expenses 0. Total expenses 572.”

Form 990, Part XII, Line 2C

“There were no changes to the organization's oversight or selection process during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“Management has adopted accounting provisions that impose a threshold for determining when uncertain tax positions should be disclosed or recorded. The threshold now imposed for financial statement reporting generally is higher than the threshold now imposed for claiming deductions on income tax returns. The organization utilized the "more likely than not" criteria and determined that all of their tax positions meet that criteria. Therefore, the organization has not recorded any adjustments or disclosed any situations that arose from uncertain tax positions.”

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IRS990/Form990PartVIISectionAGrp/PersonNm10CHUCK BARTELS
IRS990/Form990PartVIISectionAGrp/PersonNm11S MICHAEL RUMMEL
IRS990/Form990PartVIISectionAGrp/PersonNm12AARON LAWLOR
IRS990/Form990PartVIISectionAGrp/PersonNm13BRENT PAXTON
IRS990/Form990PartVIISectionAGrp/PersonNm14NICK SAUER
IRS990/Form990PartVIISectionAGrp/PersonNm15BILL WESTERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm16JANET DEATHERAGO
IRS990/Form990PartVIISectionAGrp/PersonNm17DARADE COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm18JESSE PETERSON HALL
IRS990/Form990PartVIISectionAGrp/PersonNm19LARRY FALBE
IRS990/Form990PartVIISectionAGrp/PersonNm20KELLY WATERS
IRS990/Form990PartVIISectionAGrp/PersonNm21K MICHAEL WELCH
IRS990/Form990PartVIISectionAGrp/PersonNm22STEVE KERMISCH
IRS990/Form990PartVIISectionAGrp/PersonNm23BRAD HARPER
IRS990/Form990PartVIISectionAGrp/PersonNm24CHARLES LAMPHERE
IRS990/Form990PartVIISectionAGrp/PersonNm25GAIL EDGAR
IRS990/Form990PartVIISectionAGrp/PersonNm26DONOVAN PEPPER
IRS990/Form990PartVIISectionAGrp/PersonNm27JOSEPH LUNA
IRS990/Form990PartVIISectionAGrp/PersonNm28RICHARD KORENGOLD
IRS990/Form990PartVIISectionAGrp/PersonNm29MICHAEL STEVENS
IRS990/Form990PartVIISectionAGrp/PersonNm30JEFFREY POZEN
IRS990/Form990PartVIISectionAGrp/PersonNm31KEVIN CONSIDINE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt29187513
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt31113028
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24FORMER CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt28VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt29PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt30TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt31MANAGING DIRECTOR, BUSINESS OUTREACH
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01998
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt031
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01011297
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt031
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02421
IRS990/InsuranceGrp/TotalAmt02421
IRS990/InvestmentIncomeGrp/ExclusionAmt0311
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0311
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt09
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt073182
IRS990/LandBldgEquipBasisNetGrp/BOYAmt036088
IRS990/LandBldgEquipBasisNetGrp/EOYAmt014187
IRS990/LandBldgEquipCostOrOtherBssAmt087369
IRS990/LegalDomicileStateCd0IL
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0752614
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO MAINTAIN ECONOMIC VITALITY AND QUALITY OF LIFE IN LAKE COUNTY, ILLINOIS BY CREATING AND RETAINING QUALITY JOBS, STIMULATING CAPITAL INVESTMENT, PURSUING ECONOMIC DIVERSITY AND IMPROVING THE COUNTY'S BUSINESS CLIMATE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0475282
IRS990/NetAssetsOrFundBalancesEOYAmt0552004
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06429
IRS990/OccupancyGrp/ProgramServicesAmt047142
IRS990/OccupancyGrp/TotalAmt053571
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01257
IRS990/OfficeExpensesGrp/ProgramServicesAmt09222
IRS990/OfficeExpensesGrp/TotalAmt010479
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt05541
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt040631
IRS990/OtherEmployeeBenefitsGrp/TotalAmt046172
IRS990/OtherExpensesGrp/Desc0ECONOMIC DEVELOPMENT PR
IRS990/OtherExpensesGrp/Desc1INVESTOR EVENTS
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3TECHNICAL DATA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0238
IRS990/OtherExpensesGrp/ProgramServicesAmt054429
IRS990/OtherExpensesGrp/ProgramServicesAmt151082
IRS990/OtherExpensesGrp/ProgramServicesAmt230048
IRS990/OtherExpensesGrp/ProgramServicesAmt324469
IRS990/OtherExpensesGrp/TotalAmt054429
IRS990/OtherExpensesGrp/TotalAmt151082
IRS990/OtherExpensesGrp/TotalAmt230286
IRS990/OtherExpensesGrp/TotalAmt324469
IRS990/OtherLiabilitiesGrp/BOYAmt012001
IRS990/OtherLiabilitiesGrp/EOYAmt013768
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt096557
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt096557
IRS990/OtherRevenueTotalAmt096557
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt031854
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0233594
IRS990/OtherSalariesAndWagesGrp/TotalAmt0265448
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04402
IRS990/PayrollTaxesGrp/ProgramServicesAmt032272
IRS990/PayrollTaxesGrp/TotalAmt036674
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt010305

Document Assets

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Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$623,889
Liabilities
$71,885
Net assets
$552,004
Revenue
$1,011,297
Expenses
$934,575
Net income
$76,722
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.43$0.68$0.75$1.38$1.21$0.17
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.26$0.68$0.57$1.28$1.29$0.01
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.58$0.59$1.02$1.04$0.02
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.60$0.61$1.38$1.24$0.15
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.05$0.59$0.46$1.14$1.03$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$0.69$0.34$1.22$1.27$0.05
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.05$0.92$1.44$1.02$0.42
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.08$0.50$1.02$1.10$0.08
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.06$0.58$1.09$1.06$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.07$0.55$1.01$0.93$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.52$0.05$0.48$0.86$0.74$0.13
2013Detailed filing. Detailed filing data is available for this year.$0.40$0.05$0.35$0.92$0.71$0.21
2012XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.21$0.08$0.13$0.81
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.10$0.02$1.02