Lincoln Park Village Inc
- Assets
- $1.1m
- Revenue
- $699.8k
- Investments
- $0.0
- Employees
- 12
- Location
- Chicago, IL
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 33-1195665
Organization Overview
Lincoln Park Village Inc is located in Chicago, IL. The organization was established in 2012. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Lincoln Park Village Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Park Village Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lincoln Park Village Inc generated $699.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $650.9k during the year ending 12/2022. While expenses have increased by 16.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE VILLAGE CHICAGO IS TO ENHANCE THE QUALITY OF LIFE AND THE WELL-BEING OF INDIVIDUALS AS WE LIVE LONGER, SO THAT WE REMAIN INTEGRAL, VIBRANT AND CONTRIBUTING MEMBERS OF OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTS, PROGRAMS, SERVICES, AND ACTIVITIES FOR MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darcy Evon Chief Executive Officer | 40 | $145,055 | |
David E Baker President | OfficerTrustee | 4 | $0 |
Karen Terry Past President | Trustee | 2 | $0 |
Richard Sullivan Treasurer | OfficerTrustee | 4 | $0 |
Charles G Cooper Director | Trustee | 2 | $0 |
David E Baker President | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $122,392 |
| Fundraising events | $156,007 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $397,255 |
| Noncash contributions included in lines 1a–1f | $1,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $675,654 |
| Total Program Service Revenue | $6,759 |
| Investment income | $6,427 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,787 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $699,803 |
| 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. | $145,055 |
| Compensation of current officers, directors, key employees. | $14,505 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $239,090 |
| Pension plan accruals and contributions | $9,290 |
| Other employee benefits | $14,098 |
| Payroll taxes | $29,200 |
| 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 | $13,944 |
| Office expenses | $2,555 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,332 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,999 |
| Insurance | $6,291 |
| All other expenses | $30,049 |
| Total functional expenses | $650,893 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $453,274 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $101,008 |
| Accounts receivable, net | $0 |
| 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 | $18,834 |
| Net Land, buildings, and equipment | $8,270 |
| Investments—publicly traded securities | $508,180 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,062 |
| Total assets | $1,102,628 |
| Accounts payable and accrued expenses | $11,094 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,062 |
| Total liabilities | $24,156 |
| Net assets without donor restrictions | $799,755 |
| Net assets with donor restrictions | $278,717 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,102,628 |