Civic Intelligence

Lester and Rosalie Anixter Center Group Return

EIN 61-1607050 • 501(c)3 • Chicago, IL

Profile

To provide apartments for qualifying persons utilizing hud projects.

Refreshing map…

6610 N Clark StreetChicago, IL 60626

www.anixter.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.19x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

82nd percentile

0.83x

Higher debt load relative to revenue than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

27th percentile

-4.4%

Higher net margin than 27% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

81st percentile

$240,844

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 12.4% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

30th percentile

-1.6%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

26th percentile

-5.9%

Faster revenue growth than 26% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Down

$9,245,782

Down $170,758 (-1.8%) from 2022

Liabilities

Down

$2,200,578

Down $27,472 (-1.2%) from 2022

Net Assets

Down

$7,045,204

Down $143,286 (-2.0%) from 2022

Revenue

Up

$1,793,811

Up $69,170 (+4.0%) from 2022

Expenses

Up

$1,937,097

Up $125,058 (+6.9%) from 2022

Net Income

Down

-$143,286

Down $55,888 (-64%) from 2022

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $12,785,925Liabilities 2010: $2,883,827Net Assets 2010: $9,902,0982010Assets 2011: $12,611,039Liabilities 2011: $2,868,650Net Assets 2011: $9,742,3892011Assets 2012: $12,566,941Liabilities 2012: $2,889,746Net Assets 2012: $9,677,1952012Assets 2013: $12,396,406Liabilities 2013: $2,915,456Net Assets 2013: $9,480,9502013Assets 2014: $12,010,743Liabilities 2014: $2,986,368Net Assets 2014: $9,024,3752014Assets 2015: $11,621,228Liabilities 2015: $2,933,259Net Assets 2015: $8,687,9692015Assets 2016: $11,389,800Liabilities 2016: $2,908,426Net Assets 2016: $8,481,3742016Assets 2017: $11,224,760Liabilities 2017: $2,788,245Net Assets 2017: $8,436,5152017Assets 2018: $10,584,320Liabilities 2018: $2,375,270Net Assets 2018: $8,209,0502018Assets 2019: $10,371,354Liabilities 2019: $2,326,149Net Assets 2019: $8,045,2052019Assets 2020: $10,210,827Liabilities 2020: $2,318,921Net Assets 2020: $7,891,9062020Assets 2021: $9,582,665Liabilities 2021: $2,306,777Net Assets 2021: $7,275,8882021Assets 2022: $9,416,540Liabilities 2022: $2,228,050Net Assets 2022: $7,188,4902022Assets 2023: $9,245,782Liabilities 2023: $2,200,578Net Assets 2023: $7,045,2042023

Highlighted filing

2023

Assets$9,245,782
Liabilities$2,200,578
Net Assets$7,045,204

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,327,3982010Revenue 2011: $1,100,361Expenses 2011: $1,260,070Net Income 2011: -$159,7092011Revenue 2012: $1,204,461Expenses 2012: $1,269,655Net Income 2012: -$65,1942012Expenses 2013: $1,293,4552013Revenue 2014: $1,073,182Expenses 2014: $1,529,757Net Income 2014: -$456,5752014Revenue 2015: $1,280,598Expenses 2015: $1,617,004Net Income 2015: -$336,4062015Revenue 2016: $1,355,876Expenses 2016: $1,562,471Net Income 2016: -$206,5952016Revenue 2017: $1,453,511Expenses 2017: $1,498,370Net Income 2017: -$44,8592017Revenue 2018: $1,430,571Expenses 2018: $1,658,036Net Income 2018: -$227,4652018Revenue 2019: $1,529,330Expenses 2019: $1,693,175Net Income 2019: -$163,8452019Revenue 2020: $1,609,688Expenses 2020: $1,762,985Net Income 2020: -$153,2972020Revenue 2021: $1,695,432Expenses 2021: $1,768,500Net Income 2021: -$73,0682021Revenue 2022: $1,724,641Expenses 2022: $1,812,039Net Income 2022: -$87,3982022Revenue 2023: $1,793,811Expenses 2023: $1,937,097Net Income 2023: -$143,2862023

Highlighted filing

2023

Revenue$1,793,811
Expenses$1,937,097
Net Income-$143,286

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$9.25$2.20$7.05$1.79$1.94$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.42$2.23$7.19$1.72$1.81$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.58$2.31$7.28$1.70$1.77$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.2$2.32$7.89$1.61$1.76$0.15
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.4$2.33$8.05$1.53$1.69$0.16
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$2.38$8.21$1.43$1.66$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$2.79$8.44$1.45$1.50$0.04
2016Detailed filing. Detailed filing data is available for this year.$11.4$2.91$8.48$1.36$1.56$0.21
2015Detailed filing. Detailed filing data is available for this year.$11.6$2.93$8.69$1.28$1.62$0.34
2014Detailed filing. Detailed filing data is available for this year.$12.0$2.99$9.02$1.07$1.53$0.46
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.4$2.92$9.48$1.29
2012Summary only. Only limited summary data is available for this year.$12.6$2.89$9.68$1.20$1.27$0.07
2011Summary only. Only limited summary data is available for this year.$12.6$2.87$9.74$1.10$1.26$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.8$2.88$9.90$1.33
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Feb 13, 2023
Return Version
2021v4.2
Gross Receipts
$1,724,641
Mission and Program Overview

Mission

To provide apartments for qualifying persons utilizing hud projects.

Manages hud activity for lester and rosalie anixter center.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,950,012$7,621,752▼ $328,260
Cash and Non-Interest-Bearing Accounts$214,253$274,361▲ $60,108
Accounts Receivable$15,902$14,733▼ $1,169
Prepaid Expenses and Deferred Charges$2,298$0▼ $2,298
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$9,582,665$9,416,540▼ $166,125
Other Assets Total$1,400,200$1,505,694▲ $105,494
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,084,603$978,406▼ $106,197
Other Liabilities$786,303$786,303→ $0
Accounts Payable and Accrued Expenses$435,871$463,341▲ $27,470
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$2,306,777$2,228,050▼ $78,727
Net Assets / Fund Balance
Net Assets With Donor Restrictions$9,133,100$9,133,100→ $0
Net Assets Without Donor Restrictions$-1,857,212$-1,944,610▼ $87,398
Total Net Assets Fund Balance$7,275,888$7,188,490▼ $87,398
Total Liabilities and Net Assets / Fund Balance$9,582,665$9,416,540▼ $166,125

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,253,331$6,465,724$11,719,055
Land$2,298,188-$2,298,188
Equipment$70,233$59,243$129,476
Other Assets Org$1,505,694--
Compensation and Service Providers

Employees

NameTitleOtherTotal
Andrea FinneganInterim CFO$66,193$66,193

Board Members and Trustees

NameTitle
Mary M McDonnellPresident
Rebecca ClarkPresident & CEO
Ellen Garber-BronfeldVice President
Olga Villarreal-AlterDirector
Ronald PhelpsDirector
Sean MurphyDirector
Warren FrankCFO/COO thru 09/21
Larry MarkinSecretary
Eric GastevichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,716,312
Investment Income
$691
Other Revenue
$7,638
Change in Net Assets
$-87,398
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,812,039
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
Depreciation Depletion$339,760--$339,760
Fees for Services Other$193,230$27,488$0$220,718
Occupancy$128,026--$128,026
Insurance$104,163--$104,163
All Other Expenses$100,077$3,175-$103,252
Fees for Services Accounting$4,846$67,314-$72,160
Office Expenses$57,874$1,089-$58,963
Interest$49,991--$49,991
Information Technology$8,213--$8,213
Fees for Services Legal-$6,080-$6,080
Other Expenses$573$3,976-$573
Travel$393--$393
Total Functional Expenses$1,702,917$109,122$0$1,812,039
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

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

Loans and Receivables

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

Other Reported Liabilities

LiabilityAmount
Due to Related Party - Anixter$786,303
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 3:

Each member of the group ("the group") has delegated control over managemement duties to lester and rosalie anixter center ("anixter center") collectively ("the organization").

FORM 990, PART VI, SECTION B, LINE 11B:

It is the policy of the organization that the irs form 990 be reviewed prior to its submission. A draft of the form 990 is reviewed first by the cfo of lester and rosalie anixter center. The draft is then reviewed by the chair of the finance committee, president/ceo of anixter center and hud boards president. Final approval is given by the chair of the finance committee.

FORM 990, PART VI, SECTION B, LINE 12C:

The board of directors of anixter center is required to sign a conflict of interest statement annually. At all board meetings, conflicts are documented and interested parties are required to recuse themselves from voting on the matter at hand.

FORM 990, PART VI, SECTION B, LINE 15A:

Compensation for the ceo of anixter center is reviewed and approved by the executive committee of anixter center annually and reported to the entire anixter center board of directors. Comparable data is considered in the review process.

FORM 990, PART VI, SECTION C, LINE 19:

The group's and anixter center's governing documents are made available to the public upon request. The financial statements of anixter center, which include all members of the group, along with anixter center's conflict of interest policy are made available to the public. The financial statements of individual members of the group are not made available to the public. The form 990 and annual report of anixter center, along with the form 990 of the group, are available on the anixter center website.

FORM 990, PART VII, SECTION A:

Each of the individual entities included in this group return has its own board of directors. The individual composition of each board is as follows: center apartments for the disabled: mary m. Mcdonnell, eric gastevich, larry markin, ronald phelps, olga villarreal-alter. Housing opportunities for persons with disabilities: mary m. Mcdonnell, ellen garber bronfeld, eric gastevich, larry markin, ronald phelps, olga villarreal-alter. The anixter village: mary m. Mcdonnell, ellen garber bronfeld, eric gastevich, larry markin, rebecca clark. Halsted apartments nfp: mary m. Mcdonnell, ellen garber bronfeld, eric gastevich, larry markin, rebecca clark. Crystal courts: mary m. Mcdonnell, ellen garber bronfeld, eric gastevich, larry markin, sean murphy. Clark street apartments: mary m. Mcdonnell, eric gastevich, larry markin, ronald phelps, olga villarreal-alter. Chase apartments: mary m. Mcdonnell, eric gastevich, larry markin, ronald phelps, olga villarreal-alter.

Filing and Contact Details

Filer

Filer Name
Lester and Rosalie Anixter Center Group
EIN
61-1607050
In Care Of
% SAMANTHA HANDLEY
Phone
7737611501
Address
6610 N Clark Street, Chicago, IL 60626

Signing Officer

Name
Samantha Handley
Title
CEO
Phone
7739737900
Signed
2023-02-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Samantha Handley
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
7

Preparer

Firm
Bdo USA Llp
Address
330 N Wabash Suite 3200, CHICAGO, IL 60611
Preparer
Jacob Cook
Phone
3128569100
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:hud management total fees:112658

Form 990 Part IX Line 11G

Description:interagency maintenance total fees:78992

Form 990 Part IX Line 11G

Description:hud bookkeeping total fees:26568

Form 990 Part IX Line 11G

Description:independent contractors total fees:2500

Financial Statement Notes

SCHEDULE D, PART X, LINE 2:

The Organization is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code ("IRC"), except for net income derived from unrelated business activities. In addition, the Organization qualifies for the charitable contribution deduction under Section 170 and has been classified as an organization other than a private foundation under IRC Section 509(a). The Organization's income tax filings are subject to audit by various taxing authorities generally for three years after filing. In evaluating the Organization's activities, management believes its position of tax-exempt status is based on current facts and circumstances and there have been no uncertain positions taken related to recording income taxes. In the opinion of management, there are no activities unrelated to the purpose of the Organization and therefore no tax is to be recognized.

Raw XML AppendixShowing 400 of 687 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
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IRS990/Form990PartVIISectionAGrp/PersonNm0Rebecca Clark
IRS990/Form990PartVIISectionAGrp/PersonNm1Warren Frank
IRS990/Form990PartVIISectionAGrp/PersonNm2Andrea Finnegan
IRS990/Form990PartVIISectionAGrp/PersonNm3Mary M McDonnell
IRS990/Form990PartVIISectionAGrp/PersonNm4Ellen Garber-Bronfeld
IRS990/Form990PartVIISectionAGrp/PersonNm5Eric Gastevich
IRS990/Form990PartVIISectionAGrp/PersonNm6Larry Markin
IRS990/Form990PartVIISectionAGrp/PersonNm7Ronald Phelps
IRS990/Form990PartVIISectionAGrp/PersonNm8Olga Villarreal-Alter
IRS990/Form990PartVIISectionAGrp/PersonNm9Sean Murphy
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CFO/COO thru 09/21
IRS990/Form990PartVIISectionAGrp/TitleTxt2Interim CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt6Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
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