North River Commission
- Assets
- $1.0m
- Revenue
- $699.6k
- Investments
- $0.0
- Employees
- 15
- Location
- Chicago, IL
- Founding
- 11/1964
- Data as of
- 12/2021
- EIN
- 36-2526797
Organization Overview
North River Commission is located in Chicago, IL. The organization was established in 1964. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, North River Commission employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North River Commission 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, North River Commission generated $699.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $674.8k during the year ending 12/2021. While expenses have increased by 7.1% 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
TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY BY DEVELOPING AFFORDABLE HOUSING, QUALITY EDUCATION, ARTS & CULTURAL ENDEAVORS, OPEN SPACES, AND THRIVING NEIGHBORHOOD BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTH RIVER COMMISSION PROVIDES OST (AFTERSCHOOL) EDUCATION AT 4 LOCAL SCHOOLS, 2 ELEMENTARY, 1 MIDDLE SCHOOL AND 1 HIGH SCHOOL THROUGH AN ISBE 21ST CCLC 5-YEAR GRANT. FORGE EDUCATES OVER 700 STUDENTS AND 120 PARENTS. IN ADDITION, THE AGENCY ASSISTS IN THE IMPROVEMENT OF EDUCATION AT 25 LOCAL SCHOOLS.
ADMINISTER ECONOMIC PROGRAMS CONTRACTED WITH THE CITY OF CHICAGO IN THE ALBANY PARK AND IRVING PARK NEIGHBORHOODS
NORTH RIVER COMMISSION OWNS AND OPERATES MAYFAIR COMMONS SENIOR APARTMENTS THAT SERVES 116 VERY LOW INCOME SENIORS. THE AGENCY FOSTERS THE CREATION AND PRESERVATION OF SENIOR AND WORKFORCE AFFORDABLE HOUSING INCLUDING RECENT DEVELOPMENT OF 138 NEW UNITS IN 3 BUILDINGS AND THE PRESERVATION OF 180 UNITS AT NORTH PARK VILLAGE.
ADDITIONAL VARIOUS ECONOMIC, EDUCATION, ENVIRONMENT AND HOUSING PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Applegate Executive Director | Officer | 40 | $89,423 |
Joel Bookman Treasurer | OfficerTrustee | 5 | $0 |
John Friedmann VP Housing | Trustee | 1 | $0 |
Andrew Schwebel Financial Secretary | OfficerTrustee | 5 | $0 |
Ronald Duplack VP Arts & Culture | Trustee | 1 | $0 |
Scott Berman VP Economic Development | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $2,160 |
| Fundraising events | $27,192 |
| Related organizations | $0 |
| Government grants | $526,052 |
| All other contributions, gifts, grants, and similar amounts not included above | $124,248 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $679,652 |
| Total Program Service Revenue | $18,243 |
| Investment income | $379 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $699,648 |
| 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. | $44,711 |
| Compensation of current officers, directors, key employees. | $7,601 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $287,799 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,362 |
| Payroll taxes | $16,900 |
| 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 | $10,063 |
| Advertising and promotion | $0 |
| Office expenses | $10,365 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,168 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,368 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,970 |
| All other expenses | $20,368 |
| Total functional expenses | $674,767 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $101,801 |
| Savings and temporary cash investments | $611,705 |
| Pledges and grants receivable | $324,165 |
| 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 | $3,150 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,040,821 |
| Accounts payable and accrued expenses | $10,382 |
| 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 | $2,394 |
| Total liabilities | $12,776 |
| Net assets without donor restrictions | $875,545 |
| Net assets with donor restrictions | $152,500 |
| 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 | $1,040,821 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that North River Commission has recieved totaling $61,250.
| Awarding Organization | Amount |
|---|---|
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $36,250 |
Streska Family Foundation Chicago, IL PURPOSE: CHARITABLE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indianapolis Foundation Inc Indianapolis, IN | $352,748,809 | $43,731,535 |
Delta Area Economic Opportunity Corporation Portageville, MO | $22,832,856 | $23,706,654 |
Pennyrile Allied Community Services Inc Hopkinsville, KY | $9,618,726 | $22,758,893 |
Lexington Center Corporation Lexington, KY | $378,439,328 | $16,156,810 |
Des Moines Performing Arts Des Moines, IA | $53,428,793 | $29,638,099 |
Kentucky River Foothills Development Council Inc Richmond, KY | $12,381,295 | $19,871,173 |
Community Action Of Eastern Iowa Davenport, IA | $4,145,446 | $19,807,458 |
Community Action Of Southern Kentucky Incorporated Bowling Green, KY | $10,381,389 | $18,999,181 |
Northern Kentucky Community Action Commisson Inc Covington, KY | $8,823,439 | $18,121,235 |
Embarras River Basin Agency Inc Greenup, IL | $2,961,671 | $18,793,359 |
Jefferson Franklin Community Action Corporation Hillsboro, MO | $6,544,452 | $18,340,130 |
Tri-County Opportunities Council Rock Falls, IL | $4,101,390 | $18,238,868 |