Tr Bridgewater Corp is located in Chicago, IL. The organization was established in 2008. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 06/2022, Tr Bridgewater Corp generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.0%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ATTACHMENT 1 ATTACHMENT 1TO HOLD TITLE TO PROPERTY, COLLECT INCOME AND REMIT NET INCOME TO THE TEACHERS RETIREMENT SYSTEM OF ILLINOIS, ITS SOLE SHAREHOLDER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jenifer Ratcliffe President | OfficerTrustee | 1.4 | $0 |
Gregory Courtwright Vp/ Treasurer | OfficerTrustee | 0 | $0 |
Lee R Baker Vp/ Secretary | Officer | 0 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Red Coats Inc Janitorial Contract | 6/29/22 | $323,559 |
Lincoln Property Company Lease Commissions, Payroll Reimbursment, | 6/29/22 | $673,895 |
Dominion Energy Virginia Utilities - Electric | 6/29/22 | $343,787 |
Lf Jenning Inc Capital - Tenant Improvement Constructi | 6/29/22 | $205,983 |
Rz James Capital - Tenant Improvement Constructi | 6/29/22 | $435,630 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $1,731,395 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,731,395 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $0 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,726,920 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $41,584 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $56,833 |
Net Land, buildings, and equipment | $70,199,687 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $6,473,034 |
Other assets | -$40,143,695 |
Total assets | $38,354,363 |
Accounts payable and accrued expenses | $444,308 |
Grants payable | $0 |
Deferred revenue | $172,866 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $28,500,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $247,898 |
Total liabilities | $29,365,072 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $33,098,631 |
Retained earnings, endowment, accumulated income, or other funds | -$24,109,340 |
Total liabilities and net assets/fund balances | $38,354,363 |
Organization Name | Assets | Revenue |
---|---|---|
Center For Specialized Realtor Education Inc Chicago, IL | $26,431,436 | $9,121,401 |
Swedish American Realty Corporation Rockford, IL | $18,485,524 | $7,044,065 |
Sdco Sfs Logistics Center Inc Chicago, IL | $145,459,378 | $6,525,972 |
Ipers 510 Marquette Inc Chicago, IL | $54,685,062 | $6,518,064 |
Ipers Creekside Inc Chicago, IL | $129,458,514 | $6,603,466 |
Savelli Properties Inc St Louis, MO | $35,804,880 | $2,705,555 |
Ipers Villas On Guadalupe-Tx Inc Chicago, IL | $47,058,177 | $4,863,492 |
Oakland 14th Office Inc Chicago, IL | $72,846,084 | $5,287,147 |
Highlands 501c 25 Inc Chicago, IL | $44,455,397 | $4,360,723 |
Sdc Clifton Commons Inc Chicago, IL | $61,522,059 | $4,418,653 |
Imh Realty Corporation Franklin, IN | $84,073,233 | $0 |
Pera Urban West Corp Chicago, IL | $39,397,546 | $4,020,273 |