Heart Of Chicago Association
- Assets
- $120.0k
- Revenue
- $13.4k
- Investments
- $112.5k
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 08/1992
- Data as of
- 12/2021
- EIN
- 36-3806438
Organization Overview
Heart Of Chicago Association is located in Chicago, IL. The organization was established in 1992. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block 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. Heart Of Chicago Association 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, Heart Of Chicago Association generated $13.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.5% each year . All expenses for the organization totaled $5.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert G Martin President | 1 | $0 | |
Julia Martin Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,344 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $9,043 |
| Capital Gain Net Income | $9,043 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,387 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $71 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $944 |
| Contributions, gifts, grants paid | $4,600 |
| Total expenses and disbursements | $5,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,454 |
| Savings and temporary cash investments | $2,051 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $112,505 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $120,010 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Heart Of Chicago Association has awarded $4,600 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Chicago, IL PURPOSE: GENERAL DONATION | $3,000 |
Chicago, IL PURPOSE: GENERAL DONATION | $1,000 |
Chicago, IL PURPOSE: GENERAL DONATION | $300 |
Washington, DC PURPOSE: GENERAL DONATION | $200 |
ST ANNE SCHOOL PURPOSE: GENERAL DONATION | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Logan Square Neighborhood Assoc Inc Chicago, IL | $4,271,823 | $6,062,511 |
Neighborhood House Association Peoria, IL | $3,122,062 | $3,181,634 |
Concord Center Association Inc Indianapolis, IN | $8,705,085 | $3,788,205 |
Foxcliff Estates Community Association Inc Martinsville, IN | $366,104 | $735,698 |
Owl Creek Community Association Inc Louisville, KY | $2,501,043 | $840,293 |
Parkview Gardens Association St Louis, MO | $5,528,177 | $842,875 |
Community Associations Institute Schaumburg, IL | $1,211,478 | $799,025 |
Near Northwest Neighborhood Inc South Bend, IN | $1,492,786 | $1,047,471 |
Lincoln-Central Neighborhood Family Center Inc Columbus, IN | $940,986 | $810,266 |
Sherman Park Community Association Inc Milwaukee, WI | $131,584 | $320,232 |
Wolf Creek Community Association Inc Louisville, KY | $902,640 | $348,656 |
Kennedy Heights Neighborhood Association Inc Madison, WI | $307,972 | $387,589 |