Chicago Heights Fitness L L C
- Assets
- $3.6m
- Revenue
- $496.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Olympia Fields, IL
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 36-4322995
Organization Overview
Chicago Heights Fitness L L C is located in Olympia Fields, IL. The organization was established in 2001. According to its NTEE Classification (N31) the organization is classified as: Community Recreational Centers, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Heights Fitness L L C 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, Chicago Heights Fitness L L C generated $496.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $320.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 years. 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
TO IMPROVE THE HEALTH AND EDUCATION OF THE CHICAGO HEIGHTS AND SURROUNDING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FACILITY WILL BE OPERATED TO PROVIDE HEALTH AND FITNESS SERVICES AND FACILITIES TO FRANCISCAN HEALTH CHICAGO HEIGHTS HOSPITAL, PRAIRIE STATE COLLEGE, AND THE CHICAGO HEIGHTS PARK DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Spooner Director - Until 6/18/22 | Trustee | 0.5 | $0 |
Raymond Grady Director - From 6/18/22 | Trustee | 1 | $0 |
Dr Michael Anthony Director | Trustee | 1 | $0 |
Frank Mchugh Treasurer/secretary | OfficerTrustee | 1 | $0 |
Tom Saban Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| 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 | $0 |
| Total Program Service Revenue | $493,937 |
| Investment income | $2,446 |
| 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 | $496,383 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,396 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $289,790 |
| Insurance | $0 |
| All other expenses | $17,021 |
| Total functional expenses | $320,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $705,139 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,910,157 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,615,296 |
| Accounts payable and accrued expenses | $3,396 |
| 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 | $6,142,242 |
| Total liabilities | $6,145,638 |
| Net assets without donor restrictions | -$2,804,151 |
| Net assets with donor restrictions | $273,809 |
| 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 | $3,615,296 |
Grants Awarded
Over the last fiscal year, Chicago Heights Fitness L L C has awarded $23,144 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FRANCISCAN ALLIANCE INC DBA FRANCISCAN HEALTH OLYMPIA FIELDSCHICAGO HEIG PURPOSE: FITNESS PROGRAM | $8,274 |
PRAIRIE STATE COLLEGE FOUNDATION PURPOSE: SCHOLARSHIPS | $14,870 |