North River Commission FY2020 filing

Tax-deductible

Chicago, IL501(c)(3)Community DevelopmentEIN 36-2526797Revenue $952K in FY2020

On file with the IRSnorthrivercommission.org3403 W Lawrence Ave Ste 301, 60625-5162 · Chicago, ILTax-exempt since Nov 1964Publicly supported — 509(a)(2)

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To improve the quality of life in our community by developing affordable housing, quality education, arts & cultural endeavors, open spaces, and thriving neighborhood businesses.

501(c)(3) charity; gifts are tax-deductible.
93¢ of each $1 spent went to programs.
$84K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $311K a year · 18% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
93%
of spending
Looks good: 93% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$84K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
11 mo
of spending, in cash
Looks good: 11.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $56K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$69K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$952K
Spent
$944K
To programs
93%
Net assets
$924K
By yearFY2020–FY2024
Revenue
$952K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$952K
FY2021$928K
FY2021$700K
FY2022$1.7M
FY2023$2.8M
FY2024$2.3M
Expenses
$944K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$944K
FY2021$849K
FY2021$675K
FY2022$1.6M
FY2023$2.1M
FY2024$1.6M
Net assets
$924K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$924K
FY2021$1.0M
FY2021$1.0M
FY2022$1.1M
FY2023$1.7M
FY2024$1.2M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1964.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

93 cents of each dollar spent went to programs.

Program services 93% · $882K Management & general 3% · $26K Fundraising 4% · $36K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $84K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$84,296Pt VII · Sec A
Financial Secretary
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
VP Arts & Culture
$0Pt VII · Sec A
VP Economic Development
$0Pt VII · Sec A
VP Education
$0Pt VII · Sec A
VP North Park Village
$0Pt VII · Sec A
VP at Large
$0Pt VII · Sec A

Thomas Applegate’s $89K as Executive Director is at the 15th percentile of top reported officer pay among 2833 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2021FY2020
Thomas Applegate$89,423$87,496$84,296

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See North River Commission executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Develops affordable housing, education, arts, open spaces, and businesses to improve community life.

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Provided by the organization

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3 programs · $530K · in their own filed words · FY2019
01

Comed energy efficiency program to support investment in high efficiency systems in new affordable housing developments.

$422Kprogram expense
02

The organization partners with illinois state university's teacher pipeline to connect education majors to chicago public schools. The organization also works with 25 CPS schools and also collaborates with local universities to develop programs to benefit local students and their communities.

$72Kprogram expense
03

The organization supported small area business through its economic development programs.

$36Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 3 funders$56K
See all 3 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$952K
Ln 12
Gifts and grantsLn 1h$814K
Fees for servicesLn 2g$111K
Other incomeLn 4–11$23K
Money outPt IX
$944K
Ln 25
Programscol B$882K
Managementcol C$26K
Fundraisingcol D$36K
Owns and owesPt X
$924K
net assets · Ln 32
Cash and savingsLn 1–2$898K
Total assetsLn 16$994K
LiabilitiesLn 26$69K
PeoplePt VI, VII
19
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$814K
Fees for servicesLn 2g$111K
Investment incomeLn 3$4K
Other incomeLn 4–11$23K
Total revenueLn 12$952K
Assets in detailPt X, end of year
CashLn 1$295K
SavingsLn 2$603K
Cash and savings togetherLn 1–2$898K
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$994K
LiabilitiesLn 26$69K
Net assetsLn 32$924K
OperationsPt I, VI
EmployeesI 515
VolunteersI 615
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$852K$898K
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$951K$994K
LiabilitiesLn 26$35K$69K
Net assetsLn 32$916K$924K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$84K$84K
Other salaries and wagesLn 7$206K$177K$17K$12K
Other employee benefitsLn 9$46K$42K$3K$2K
Other fees for servicesLn 11g$27K$24K$2K$1K
Office expensesLn 13$5K$5K$329$219
OccupancyLn 16$21K$19K$1K$852
Conferences, conventions and meetingsLn 19$614$614
InterestLn 20$30$30
InsuranceLn 23$6K$6K$383$255
Other expenses (24a–d)Ln 24$516K$497K$19K
All other expensesLn 24e$30K$28K$2K$890
Total functional expensesLn 25$944K$882K$26K$36K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.3M$1.6M$676K$1.2M 990 PDF
FY2023 $2.8M$2.1M$734K$1.7M 990 PDF
FY2022 $1.7M$1.6M$59K$1.1M 990 PDF
FY2021 $928K$849K$79K$1.0M 990 PDF
FY2020 Viewing $952K$944K$8K$924K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $952,174 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $281,969$814,313
I-9 Program service revenuePrior year $40,000$110,780
I-10 Investment incomePrior year $1,291$4,341
I-11 Other revenuePrior year $49,129$22,740
I-12 Total revenuePrior year $372,389$952,174
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $262,629$336,841
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $111,257$607,043
I-18 Total expensesPrior year $373,886$943,884
I-19 Revenue less expensesPrior year −$1,497$8,290
Part VI · Governance 17 of 17 board members independent, no flags
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $952,174 across 7 lines filed
VIII-1b Membership dues$18,617
VIII-1f All other contributions, gifts and grants$795,696
VIII-1h Total contributions, gifts and grants$814,313
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $110,780$110,780
VIII-3 Investment incomeRelated to mission $4,341$4,341
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $22,740$22,740
VIII-12 Total revenueRelated to mission $137,861 · Unrelated business $0 · Excluded from tax $0$952,174
Part IX · Statement of functional expenses $943,884 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $84,296$84,296
IX-7 Other salaries and wagesPrograms $177,074 · Management $17,425 · Fundraising $11,616$206,115
IX-9 Other employee benefitsPrograms $41,787 · Management $2,786 · Fundraising $1,857$46,430
IX-11g Other fees for servicesPrograms $23,895 · Management $1,593 · Fundraising $1,062$26,550
IX-13 Office expensesPrograms $4,935 · Management $329 · Fundraising $219$5,483
IX-16 OccupancyPrograms $19,170 · Management $1,278 · Fundraising $852$21,300
IX-19 Conferences, conventions and meetingsPrograms $614$614
IX-20 InterestManagement $30$30
IX-23 InsurancePrograms $5,748 · Management $383 · Fundraising $255$6,386
IX-24 Other expenses (24a–d)Programs $497,102 · Fundraising $19,277$516,379
IX-24e All other expensesPrograms $27,503 · Management $1,908 · Fundraising $890$30,301
IX-25 Total functional expensesPrograms $882,124 · Management $25,732 · Fundraising $36,028$943,884
Part X · Balance sheet $993,537 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $851,795$295,345
X-2 Savings and temporary cash investments$602,517
X-3 Pledges and grants receivableStart of year $32,273$95,177
X-9 Prepaid expenses and deferred chargesStart of year $1,680$498
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $50,740$0
X-16 Total assetsStart of year $951,284$993,537
X-17 Accounts payable and accrued expensesStart of year $82$2,029
X-25 Other liabilitiesStart of year $35,100$67,116
X-26 Total liabilitiesStart of year $35,182$69,145
X-27 Net assets without donor restrictionsStart of year $906,102$869,392
X-28 Net assets with donor restrictionsStart of year $10,000$55,000
X-32 Total net assets or fund balancesStart of year $916,102$924,392
X-33 Total liabilities and net assetsStart of year $951,284$993,537
Part XI · Reconciliation of net assets $924,392 net assets at year end
XI-1 Total revenue$952,174
XI-2 Total expenses$943,884
XI-3 Revenue less expenses$8,290
XI-4 Net assets at start of year$916,102
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$924,392

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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