Civic Intelligence

Bridge Investment Community Development Corporation

990 • Fiscal year 2020 • EIN 47-1937546

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 29, 2021

Organization ProfileWWW.BRIDGEINVESTMENTCDC.ORG
100 19th StreetRock Island, IL 61201

(309) 794-6711

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.55x

Higher debt load relative to assets than 83% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

91st percentile

2.00x

Higher debt load relative to revenue than 91% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

92nd percentile

55%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

68th percentile

16%

Faster asset growth than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

96th percentile

210%

Faster revenue growth than 96% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Up

$2,334,604

Up $319,558 (+16%) from 2019

Net Assets

Up

$1,060,158

Up $350,739 (+49%) from 2019

Liabilities

Down

$1,274,446

Down $31,181 (-2.4%) from 2019

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin92nd percentile

Revenue

Up

$636,620

Up $431,277 (+210%) from 2019

Expenses

Up

$285,881

Up $178,567 (+166%) from 2019

Net Income

Up

$350,739

Up $252,710 (+258%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

$10M$5.0M$0Assets 2016: $640,175Liabilities 2016: $224,249Net Assets 2016: $415,9262016Assets 2017: $1,400,089Liabilities 2017: $989,152Net Assets 2017: $410,9372017Assets 2018: $2,058,543Liabilities 2018: $1,447,153Net Assets 2018: $611,3902018Assets 2019: $2,015,046Liabilities 2019: $1,305,627Net Assets 2019: $709,4192019Assets 2020: $2,334,604Liabilities 2020: $1,274,446Net Assets 2020: $1,060,1582020Assets 2021: $2,654,993Liabilities 2021: $1,429,482Net Assets 2021: $1,225,5112021Assets 2022: $3,078,238Liabilities 2022: $1,404,233Net Assets 2022: $1,674,0052022Assets 2023: $3,443,286Liabilities 2023: $1,045,386Net Assets 2023: $2,397,9002023Assets 2024: $9,944,286Liabilities 2024: $1,873,664Net Assets 2024: $8,070,6222024

Highlighted filing

2020

Assets$2,334,604
Liabilities$1,274,446
Net Assets$1,060,158
Open 2020 Filing

Operations Trend

Revenue Growth96th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2016: $295,564Expenses 2016: $50,005Net Income 2016: $245,5592016Revenue 2017: $5,001Expenses 2017: $9,990Net Income 2017: -$4,9892017Revenue 2018: $272,571Expenses 2018: $72,118Net Income 2018: $200,4532018Revenue 2019: $205,343Expenses 2019: $107,314Net Income 2019: $98,0292019Revenue 2020: $636,620Expenses 2020: $285,881Net Income 2020: $350,7392020Revenue 2021: $289,705Expenses 2021: $124,352Net Income 2021: $165,3532021Revenue 2022: $590,634Expenses 2022: $142,140Net Income 2022: $448,4942022Revenue 2023: $931,765Expenses 2023: $207,870Net Income 2023: $723,8952023Revenue 2024: $5,899,593Expenses 2024: $226,871Net Income 2024: $5,672,7222024

Highlighted filing

2020

Revenue$636,620
Expenses$285,881
Net Income$350,739
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 29, 2021
Return Version
2020v4.0
Gross Receipts
$650,724
Mission and Program Overview

Mission

Support job creation and economic growth by providing community based lending and investment while fostering the creation and preservation of low and moderate income housing for low and moderate income households.

Support job creation and economic growth in low and moderate income communities by providing community based lending and investment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$1,615,104$1,700,453▲ $85,349
Cash and Non-Interest-Bearing Accounts$195,702$470,592▲ $274,890
Land, Buildings, and Equipment, Net$137,321$129,490▼ $7,831
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,015,046$2,334,604▲ $319,558
Other Assets Total$66,919$34,069▼ $32,850
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,224,640$1,217,352▼ $7,288
Accounts Payable and Accrued Expenses$80,037$56,618▼ $23,419
Other Liabilities$950$476▼ $474
Total Liabilities$1,305,627$1,274,446▼ $31,181
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$709,419$810,158▲ $100,739
Net Assets With Donor Restrictions-$250,000-
Total Net Assets Fund Balance$709,419$1,060,158▲ $350,739
Total Liabilities and Net Assets / Fund Balance$2,015,046$2,334,604▲ $319,558

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$125,586$24,414$150,000
Other Land Buildings$3,904$2,789$6,693
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Aj LossVice Chair
Barrett EssmanDirector
Beth DunnDirector
Dan BlocherDirector
Dirk MemingerDirector
Frank NowinskiDirector
Jeff RoseDirector
John DalyDirector
Justin PetersonDirector
Karen ReynoldsDirector
Paul NeuharthDirector
Brian HollenbackExecutive Director
Kevin SchoonmakerSecretary
Matt WynnTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$457,000
Program Service Revenue
$182,799
Investment Income
$0
Other Revenue
$-3,179
All Other Contributions
$457,000
Change in Net Assets
$350,739

Audited Revenue Reconciliation

Revenue per Audited Statements
$636,620
Total Revenue per Audited Statements
$636,620
Total Revenue per Form 990
$636,620
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$285,881
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$21,463$18,123-$39,586
Interest$26,392--$26,392
All Other Expenses$3,371$9,466-$12,837
Other Expenses$7,500--$7,500
Fees for Services Legal$36$3,900-$3,936
Depreciation Depletion-$2,231-$2,231
Travel-$1,773-$1,773
Total Functional Expenses$250,388$35,493$0$285,881

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$285,881
Total Expenses per Audited Statements$285,881
Total Expenses per Form 990$285,881
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Brian HollenbackExecutive DirectorLoan-see Part VNo-

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$475
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“Bridge investment community development has delegated day to day management of the organization to rock island economic growth corporation under a written managment services agreement. The management services agreement is dated december 30, 2014 and extends through december 31, 2021.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“A preliminary draft of the form 990 is provided to the appropriate board/committee members for approval before it is finalized for signature.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The board annually reviews conflict of interest statements; any changes are required to be promptly disclosed to the bod.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Files are maintained in the organization's office and upon request designated persons are notified to provide copies to requestor.”

Filing and Contact Details

Filer

Filer Name
Bridge Investment Community Development
EIN
47-1937546
Phone
3097946711
Address
100 19TH STREET, ROCK ISLAND, IL 61201

Signing Officer

Name
Kevin Schoonmaker
Title
Secretary
Signed
2021-06-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Schoonmaker
Formed
2014
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
14

Preparer

Firm
Timmer And Associates CPA PC
Address
4480 - 48th Avenue Ct Suite 3, Rock Island, IL 61201
Preparer
John D Timmer CPA
Phone
3097882304
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization has received notification that it qualifies as a tax-exempt organization under Section 501 (c) (3) of the U.S. Internal Revenue Code and the corresponding provisions of Illinois law and, accordingly, is not subject to federal or state income taxes. As of December 31, 2020, management is not aware of any uncertain tax positions and related tax benefits which would be material to the Organization.”

Raw XML AppendixShowing 400 of 531 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/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt080037
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt056618
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SUPPORT JOB CREATION AND ECONOMIC GROWTH IN LOW AND MODERATE INCOME COMMUNITIES BY PROVIDING COMMUNITY BASED LENDING AND INVESTMENT.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherContributionsAmt0457000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt09466
IRS990/AllOtherExpensesGrp/ProgramServicesAmt03371
IRS990/AllOtherExpensesGrp/TotalAmt012837
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0CINDY BERG
IRS990/BooksInCareOfDetail/PhoneNum03097946711
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 19TH STREET SUITE 109
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROCK ISLAND
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd061201
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0195702
IRS990/CashNonInterestBearingGrp/EOYAmt0470592
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0457000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0285881
IRS990/CYOtherRevenueAmt0-3179
IRS990/CYProgramServiceRevenueAmt0182799
IRS990/CYRevenuesLessExpensesAmt0350739
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0285881
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0636620
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt02231
IRS990/DepreciationDepletionGrp/TotalAmt02231
IRS990/Desc0PROMOTED THE PURPOSE OF THE ORGANIZATION TO RECRUIT MEMBERS WHO ARE COMMITTED TO THE ORGANIZATION'S MISSION AND ADMINISTERED LENDING ACTIVITIES INCLUDING ORIGINATING AND SERVICING LOANS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt0250000
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0250388
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03900
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt036
IRS990/FeesForServicesLegalGrp/TotalAmt03936
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt018123
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt021463
IRS990/FeesForServicesManagementGrp/TotalAmt039586
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
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/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0AJ LOSS
IRS990/Form990PartVIISectionAGrp/PersonNm1BARRETT ESSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2BRIAN HOLLENBACK
IRS990/Form990PartVIISectionAGrp/PersonNm3DAN BLOCHER
IRS990/Form990PartVIISectionAGrp/PersonNm4KAREN REYNOLDS
IRS990/Form990PartVIISectionAGrp/PersonNm5BETH DUNN
IRS990/Form990PartVIISectionAGrp/PersonNm6JEFF ROSE
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN DALY
IRS990/Form990PartVIISectionAGrp/PersonNm8JUSTIN PETERSON
IRS990/Form990PartVIISectionAGrp/PersonNm9MATT WYNN
IRS990/Form990PartVIISectionAGrp/PersonNm10FRANK NOWINSKI
IRS990/Form990PartVIISectionAGrp/PersonNm11DIRK MEMINGER
IRS990/Form990PartVIISectionAGrp/PersonNm12KEVIN SCHOONMAKER
IRS990/Form990PartVIISectionAGrp/PersonNm13PAUL NEUHARTH
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/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/TitleTxt0Vice Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0650724
IRS990/GrossRentsGrp/RealAmt010925
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ProgramServicesAmt026392
IRS990/InterestGrp/TotalAmt026392
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt0725
IRS990/IRPDocumentW2GCnt01
IRS990/LandBldgEquipAccumDeprecAmt027203
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0137321
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0129490
IRS990/LandBldgEquipCostOrOtherBssAmt0156693
IRS990/LegalDomicileStateCd0IL
IRS990/LessRentalExpensesGrp/RealAmt014104
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SUPPORT JOB CREATION AND ECONOMIC GROWTH BY PROVIDING COMMUNITY BASED LENDING AND INVESTMENT WHILE FOSTERING THE CREATION AND PRESERVATION OF LOW AND MODERATE INCOME HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt01224640
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt01217352
IRS990/NetAssetsOrFundBalancesBOYAmt0709419
IRS990/NetAssetsOrFundBalancesEOYAmt01060158
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-3179
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-3179
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0709419
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0810158
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt066919
IRS990/OtherAssetsTotalGrp/EOYAmt034069
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0LOAN FORGIVENESS
IRS990/OtherExpensesGrp/Desc1RELEASED FROM RESTRICTION
IRS990/OtherExpensesGrp/Desc2SUBCONTRACT
IRS990/OtherExpensesGrp/Desc3BAD DEBT
IRS990/OtherExpensesGrp/ProgramServicesAmt0141818
IRS990/OtherExpensesGrp/ProgramServicesAmt135000
IRS990/OtherExpensesGrp/ProgramServicesAmt214808
IRS990/OtherExpensesGrp/ProgramServicesAmt37500
IRS990/OtherExpensesGrp/TotalAmt0141818
IRS990/OtherExpensesGrp/TotalAmt135000
IRS990/OtherExpensesGrp/TotalAmt214808
IRS990/OtherExpensesGrp/TotalAmt37500
IRS990/OtherLiabilitiesGrp/BOYAmt0950
IRS990/OtherLiabilitiesGrp/EOYAmt0476
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt01615104
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01700453
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0KEVIN SCHOONMAKER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0INTEREST INCOME-CASH
IRS990/ProgramServiceRevenueGrp/Desc1INTEREST INCOME-LOANS
IRS990/ProgramServiceRevenueGrp/Desc2LOAN FEE REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3LOAN FORGIVENESS
IRS990/ProgramServiceRevenueGrp/Desc4RETURNED CHECK CHARGES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0468
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt136953
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt23525
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3141818
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt435
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0468
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt136953
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt23525
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3141818
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt435
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0165000
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0107314
IRS990/PYOtherRevenueAmt0-8799
IRS990/PYProgramServiceRevenueAmt049142
IRS990/PYRevenuesLessExpensesAmt098029
IRS990/PYTotalExpensesAmt0107314
IRS990/PYTotalRevenueAmt0205343
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0350739
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-3179
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0182799
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0422000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0165000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0255000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0300000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01147000
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt048381
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt055667
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt037181
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt022492
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01508
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0165229
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt03525
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt03450
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt03600
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt06560
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt05220
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt022355
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt048381
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt055667
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt037181
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022492
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01508
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0165229
IRS990ScheduleA/InvestmentIncomeCYPct00.12380
IRS990ScheduleA/InvestmentIncomePYPct00.10860
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87620
IRS990ScheduleA/PublicSupportPY509Pct00.89140
IRS990ScheduleA/PublicSupportTotal509Amt01169355
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0425525
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0168450
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0258600
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt011560
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0305220
IRS990ScheduleA/Total509Grp/TotalAmt01169355
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0473906

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,334,604
Liabilities
$1,274,446
Net assets
$1,060,158
Revenue
$636,620
Expenses
$285,881
Net income
$350,739
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.94$1.87$8.07$5.90$0.23$5.67
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$1.05$2.40$0.93$0.21$0.72
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$1.40$1.67$0.59$0.14$0.45
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$1.43$1.23$0.29$0.12$0.17
2020Detailed filing. Detailed filing data is available for this year.$2.33$1.27$1.06$0.64$0.29$0.35
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$1.31$0.71$0.21$0.11$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.06$1.45$0.61$0.27$0.07$0.20
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.99$0.41$0.01$0.01$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.22$0.42$0.30$0.05$0.25
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2020 filings • 501(c)3 • $1M-$5M nonprofits