2024-11-14T17:45:05-06:00 2023-12-31 362239746 SASSETTI LLC 2107 SWIFT DRIVE SUITE 210 OAK BROOK IL 60523 990 2023-01-01 362788088 OAK PARK ECONOMIC DEVELOPMENT CORP OAKP 7083833838 104 N OAK PARK AVE 203 OAK PARK IL 603011387 AARON JOSEPH CHAIR, BOARD OF DIRECTORS 7083833838 2024-11-14 1 0 TIMOTHY G GRIFFITH P00299751 7083861433 2024-11-14 2023 2024-10-15 13:58:12Z AARON JOSEPH 104 N OAK PARK AVE 203 OAK PARK IL 603011387 313255 0 X N/A X 1974 IL INCREASING SALES TAX REVENUE - CREATING JOBS IN THE VILLAGE - RETAINING JOBS IN THE VILLAGE 5 5 3 8 0 0 558980 312693 0 0 7 14 0 548 558987 313255 0 0 0 0 451293 194484 0 0 0 107694 118771 558987 313255 0 0 285638 295442 148836 158640 136802 136802 X THE MISSION OF THE ORGANIZATION IS TO ENHANCE THE QUALITY OF LIFE IN AND THE ECONOMIC HEALTH OF THE VILLAGE OF OAK PARK THROUGH THE EXPANSION OF THE VILLAGE'S PROPERTY TAX BASE, EXPANSION OF THE VILLAGE'S SALES TAX REVENUE AND THE CREATION AND RETENTION OF JOBS IN THE VILLAGE. 0 0 270416 THE ORGANIZATION'S EFFORTS DURING 2023 RESULTED IN INCREASED SALES TAX REVENUE, OPENING OF NEW BUSINESSES, JOB CREATION AND JOB RETENTION. 270416 0 1 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X SANDEEP SOOD 7083833838 104 N OAK PARK AVE 203 OAK PARK IL 603011387 AARON JOSEPH CHAIR, BOARD OF DIRECTORS 1.00 X X 0 0 0 DAVID KENNEDY SECRETARY 1.00 X X 0 0 0 SANDEEP SOOD TREASURER 1.00 X X 0 0 0 MIKE WARREN DIRECTOR 1.00 X 0 0 0 JOHN LIPIC DIRECTOR 1.00 X 0 0 0 JOHN LYNCH EXECUTIVE DIRECTOR (THRU MAY-2023) 40.00 X 148314 0 0 ERIC MAZELIS EXECUTIVE DIRECTOR 40.00 X 44434 0 0 192748 0 0 1 0 0 0 0 312693 312693 14 14 MISCELLANEOUS REVENUE 900099 548 548 548 313255 548 0 14 44434 39991 4443 122884 110596 12288 8449 7604 845 18717 16845 1872 11250 11250 15766 13064 2702 22248 20023 2225 29004 26104 2900 7209 6488 721 293 293 808 727 81 32193 28974 3219 313255 270416 42839 0 114465 72490 93029 149882 6754 2487 33030 25467 8370 7563 63020 63020 285638 295442 73296 12520 95620 63020 63020 148836 158640 X 136802 136802 136802 136802 285638 295442 0 0 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17500 9937 7563 15530 15530 0 7563 RIGHT OF USE ASSET 63020 63020 OPERATING LEASE LIABILITY 63020 63020 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS WHO VOTE ON BOARD MEMBERS AT AN ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS VOTE EVERY THREE YEARS ON THE BOARD OF DIRECTORS NEW AND CONTINUING BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WILL BE REVIEWED BY THE BOARD OF DIRECTORS FOR ACCURACY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST IS REVIEWED AND SIGNED ANNUALLY BY ALL OFFICERS AND DIRECTORS. IF PROJECTS ARISE DURING THE YEAR THAT CREATE NEW CONFLICT, BOARD MEMBERS RECUSE THEMSELVES. NEW MEMBERS ARE REQUIRED TO SIGN A CONFLICT OF INTEREST IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED AND DETERMINED BY THE EXECUTIVE MEMBERS (ALL BOARD MEMBERS) OF THE OPEDC BOARD AFTER THE FIRST DAY OF THE YEAR. COMPENSATION, OTHER THAN THE EXECUTIVE DIRECTOR IS DETERMINED BY THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 ALL INFORMATION IS AVAILABLE UPON REQUEST.