Harlem Lake Marion Corp D B A Downtown Oak Park

Organization Overview

Harlem Lake Marion Corp D B A Downtown Oak Park, operating under the name Downtown Oak Park, is located in Oak Park, IL. The organization was established in 1989. According to its NTEE Classification (S19) the organization is classified as: Support N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Downtown Oak Park employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Downtown Oak Park is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 12/2021, Downtown Oak Park generated $750.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $727.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO CREATE AND SUPPORT A THRIVING AND VIBRANT BUSINESS ENVIRONMENT IN DOWNTOWN OAK PARK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION PROVIDES ADVERTISING, PUBLIC RELATIONS, GROUNDS MAINTENANCE, AND GENERAL UPKEEP OF THE DOWNTOWN OAK PARK AREA FOR MEMBERS IN SPECIAL SERVICE AREA NUMBER 1 (SSA #1)


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Board, Officers & Key Employees

Name (title)Compensation
Shanon Williams
Executive Director
$77,820
Eric Wagner
President
$0
Judith Lalor
Secretary
$0
Jeff Long
Treasurer
$0
David Schrodt
Director - Attorney
$0
Paul Beckwith
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$3,400
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$3,400
Total Program Service Revenue$744,729
Investment income $64
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 $750,935

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