Lincoln Park Village Inc
- Assets
- $1.1m
- Revenue
- $956.3k
- Investments
- $0.0
- Employees
- 8
- Location
- Chicago, IL
- Founding
- 06/2012
- Data as of
- 12/2021
- 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 12/2021, Lincoln Park Village Inc employed 8 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 12/2021, Lincoln Park Village Inc generated $956.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $612.3k during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 7 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
2021
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darcy Evon Chief Executive Officer | 40 | $143,305 | |
Judith Gethner Vice President | OfficerTrustee | 2 | $0 |
Karen Terry President | OfficerTrustee | 6 | $0 |
Kathleen Kolodgy Imm Past Pres | OfficerTrustee | 2 | $0 |
Angela Levenstein Secretary | OfficerTrustee | 4 | $0 |
David E Baker Vice President | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $131,614 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $143,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $464,761 |
| Noncash contributions included in lines 1a–1f | $1,200 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $739,675 |
| Total Program Service Revenue | $10,513 |
| Investment income | $52,594 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $153,510 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $956,292 |
| 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. | $143,305 |
| Compensation of current officers, directors, key employees. | $7,165 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $240,765 |
| Pension plan accruals and contributions | $10,784 |
| Other employee benefits | $21,864 |
| Payroll taxes | $29,002 |
| 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 | $7,197 |
| Office expenses | $3,218 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $39,396 |
| 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 | $1,876 |
| Insurance | $5,744 |
| All other expenses | $24,910 |
| Total functional expenses | $612,303 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $552,041 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $100 |
| 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 | $15,722 |
| Net Land, buildings, and equipment | $1,770 |
| Investments—publicly traded securities | $542,636 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,563 |
| Total assets | $1,136,832 |
| Accounts payable and accrued expenses | $9,612 |
| 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 | $22,674 |
| Net assets without donor restrictions | $848,673 |
| Net assets with donor restrictions | $265,485 |
| 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 | $1,136,832 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lincoln Park Village Inc has recieved totaling $225,120.
| Awarding Organization | Amount |
|---|---|
Fulk Family Foundation Inc Chicago, IL PURPOSE: GENERAL SUPPORT | $200,000 |
Kadens Family Foundation Wilmington, DE PURPOSE: IN SUPPORT OF THE LADDER PROGRAM | $25,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $120 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Presence Life Connections St Louis, MO | $45,499,774 | $56,108,464 |
Greater Wisconsin Agency On Aging Resources Inc Madison, WI | $13,731,196 | $42,134,890 |
Cicoa Aging & In Home Solutions Inc Indianapolis, IN | $13,970,745 | $32,334,743 |
Mather Investments Nfp Evanston, IL | $54,973,565 | $27,896,059 |
Ageoptions Inc Oak Park, IL | $9,043,942 | $30,051,990 |
Midwest Christian Villages Inc St Louis, MO | $29,643,290 | $22,119,810 |
Via Christi Healthcare Outreach Program For Elders Inc St Louis, MO | $16,535,796 | $24,624,185 |
Wesley Community Services Inc Johnston, IA | $11,288,058 | $20,573,990 |
Seniorage Area Agency On Aging Springfield, MO | $4,839,400 | $16,732,131 |
Aging And In-Home Services Of Ne In Fort Wayne, IN | $7,041,153 | $13,959,166 |
Ilife Llc Milwaukee, WI | $22,539,383 | $15,072,061 |
Lifestream Services Inc Yorktown, IN | $4,177,827 | $13,863,488 |