Civic Intelligence

Lakeside Community Development Corp

EIN 42-1670630 • 501(c)3 • Chicago, IL

Profile

The organization's mission is to preserve and create affordable housing opportunities in chicago through education, advocacy, and real estate development.

5313 North Kenmore Ave Unit 1Chicago, IL 60640-2583

www.lakesidecdc.org

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2017

Liabilities / Revenue

61st percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

10th percentile

-84%

Higher net margin than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-100%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Revenue Growth

8th percentile

-81%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $41,570 (-100%) from 2015

Liabilities

Down

$0

Down $70,883 (-100%) from 2015

Net Assets

Up

$0

Up $29,313 (+100%) from 2015

Operations
Liabilities / Revenue61st percentileNet Margin10th percentile

Revenue

Down

$6,715

Down $174,512 (-96%) from 2015

Expenses

Down

$12,377

Down $154,683 (-93%) from 2015

Net Income

Down

-$5,662

Down $19,829 (-140%) from 2015

Trend Graphs

Balance Sheet Trend

Asset Growth9th percentile

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

$150K$100K$50K$0-$50KAssets 2011: $68,515Liabilities 2011: $47,210Net Assets 2011: $21,3052011Assets 2012: $145,020Liabilities 2012: $39,425Net Assets 2012: $105,5952012Assets 2013: $58,123Liabilities 2013: $33,534Net Assets 2013: $24,5892013Assets 2014: $36,581Liabilities 2014: $80,061Net Assets 2014: -$43,4802014Assets 2015: $41,570Liabilities 2015: $70,883Net Assets 2015: -$29,3132015Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017

Highlighted filing

2017

Assets$0
Liabilities$0
Net Assets$0
Open 2017 Filing

Operations Trend

Revenue Growth8th percentile

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

$600K$400K$200K$0-$200KRevenue 2011: $343,339Expenses 2011: $310,168Net Income 2011: $33,1712011Revenue 2012: $424,925Expenses 2012: $340,635Net Income 2012: $84,2902012Revenue 2013: $189,718Expenses 2013: $270,724Net Income 2013: -$81,0062013Revenue 2014: $196,895Expenses 2014: $199,451Net Income 2014: -$2,5562014Revenue 2015: $181,227Expenses 2015: $167,060Net Income 2015: $14,1672015Revenue 2017: $6,715Expenses 2017: $12,377Net Income 2017: -$5,6622017

Highlighted filing

2017

Revenue$6,715
Expenses$12,377
Net Income-$5,662
Open 2017 Filing

Filings

Most recent year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$6,715
Expenses
$12,377
Net income
-$5,662
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.07$0.12$0.06
2015Summary only. Only limited summary data is available for this year.$0.42$0.71$0.29$1.81$1.67$0.14
2014Summary only. Only limited summary data is available for this year.$0.37$0.80$0.43$1.97$1.99$0.03
2013Summary only. Only limited summary data is available for this year.$0.58$0.34$0.25$1.90$2.71$0.81
2012Summary only. Only limited summary data is available for this year.$1.45$0.39$1.06$4.25$3.41$0.84
2011Summary only. Only limited summary data is available for this year.$0.69$0.47$0.21$3.43$3.10$0.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 15, 2018
Return Version
2017v2.3
Gross Receipts
$6,715
Mission and Program Overview

Mission

The organization's mission is to preserve and create affordable housing opportunities in chicago through education, advocacy, and real estate development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$84,864--
Savings and Temporary Cash Investments$3,814--
Land, Buildings, and Equipment, Net$587--
Total Assets$89,265$0▼ $89,265
Liabilities
Other Liabilities$53,814--
Accounts Payable and Accrued Expenses$29,789--
Total Liabilities$83,603$0▼ $83,603
Net Assets / Fund Balance
Unrestricted Net Assets$5,662--
Total Net Assets Fund Balance$5,662$0▼ $5,662
Total Liabilities and Net Assets / Fund Balance$89,265$0▼ $89,265

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$12,982$12,982
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
David LeeneyPresident
Candace SullivanDirector
Gilberto RiveraDirector
John EliasDirector
Thierry DewindtSecretary
Jolene Spencer OladeindeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,715
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-5,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,377
Total Fundraising Expense$620
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$6,382$208$347$6,937
Insurance$2,109$69$115$2,293
Occupancy$674$22$37$733
Depreciation Depletion$540$18$29$587
Interest$500$16$27$543
Other Expenses$287$9$16$312
Office Expenses$156$5$9$170
Total Functional Expenses$11,386$371$620$12,377
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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, Page 6, Part VI, Line 11B

“Executive director and board review prior to filing.”

Form 990, Page 6, Part VI, Line 15A

“Reviewed and approved by board of directors.”

Form 990, Page 6, Part VI, Line 15B

“Reviewed and approved by board of directors.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Lakeside Community Development Corp
EIN
42-1670630
Phone
7732713308
Address
5313 NORTH KENMORE AVE UNIT 1, CHICAGO, IL 60640-2583

Signing Officer

Name
Jolene Spencer Oladeinde
Title
Treasurer
Phone
7733815253
Signed
2018-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jolene Spencer Oladeinde
Formed
2005
Legal Domicile
Il
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Deraimo Abendroth & Associates
Address
9601 W 165TH ST SUITE 5, ORLAND PARK, IL 60467-5661
Preparer
Danielle N Abendroth
Phone
8154697500
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Contract services 6,382 208 347”

Raw XML Appendix336 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02019-02-21 02:37:17Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LAKESIDE COMMUNITY DEVELOPMENT CORP
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ReturnHeader/Filer/EIN0421670630
ReturnHeader/Filer/PhoneNum07732713308
ReturnHeader/Filer/USAddress/AddressLine1Txt05313 NORTH KENMORE AVE UNIT 1
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0606402583
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId074E2F59BAD8C7455383966CBD4B3F2E29783587C
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
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ReturnHeader/FilingSecurityInformation/IPTm016:34:33
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09601 W 165TH ST SUITE 5
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ORLAND PARK
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0604675661
ReturnHeader/PreparerPersonGrp/PhoneNum08154697500
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DANIELLE N ABENDROTH
ReturnHeader/ReturnTs02018-11-15T16:34:33-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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