Nonprofit · EIN 20-4503754
WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP
Tax-exempt · JOLIET, IL 60436
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,732,714 | $1,385,822 | $346,892 | $18,862,209 | $2,634,813 | $16,227,396 |
| December 31, 2024 | 990 | $2,870,332 | $849,823 | $2,020,509 | $18,750,360 | $2,869,856 | $15,880,504 |
| December 31, 2023 | 990 | $1,159,800 | $688,074 | $471,726 | $16,445,067 | $2,585,072 | $13,859,995 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,078,328
- Investment income
- $654,386
- Net gain from sales of assets
- $55,294
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $5,000
- Salaries, compensation and benefits (total)
- $181,634
- Professional fundraising fees
- $0
- Legal fees
- $22,133
- Accounting fees
- $46,248
- Occupancy
- $53
- Travel
- $1,323
- Depreciation
- $39,216
- Program services (functional)
- $1,068,204
- Management and general (functional)
- $317,618
Balance sheet and other
- Total assets, start of year
- $18,750,360
- Total assets, end of year
- $18,862,209
- Total liabilities, end of year
- $2,634,813
- Net assets, end of year
- $16,227,396
- Land, buildings and equipment
- $394,447
- Net assets without donor restrictions
- $16,183,038
- Net assets with donor restrictions
- $44,358
- Gross receipts
- $1,732,714
- Employees
- 11
- Volunteers
- 7
- Year formed
- 2007
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR GLENDA MCCULLUM | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| ROGER POWELL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| GARLAND MAYS | TREASURER Trustee or director, Officer | 1 | $0 |
| MARGE FRANCHINI | COMMISSIONER Trustee or director, Officer | 1 | $0 |
| KATHY SPIELER | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL SCHULTZ | COMMISSIONER Trustee or director, Officer | 1 | $0 |
| DR KAREN WARD | COMMISSIONER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR GLENDA MCCULLUM | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| ROGER POWELL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| GARLAND MAYS | TREASURER Trustee or director, Officer | 1 | $0 |
| MARGE FRANCHINI | COMMISSIONER Trustee or director, Officer | 1 | $0 |
| KATHY SPIELER | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL SCHULTZ | COMMISSIONER Trustee or director, Officer | 1 | $0 |
| DR KAREN WARD | COMMISSIONER Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR GLENDA MCCULLUM | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| ROGER POWELL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| GARLAND MAYS | TREASURER Trustee or director, Officer | 1 | $0 |
| MARGE FRANCHINI | COMMISSIONER Trustee or director, Officer | 1 | $0 |
| KATHY SPIELER | SECRETARY Trustee or director, Officer | 1 | $0 |
| PAUL SCHULTZ | COMMISSIONER Trustee or director, Officer | 1 | $0 |
| DR KAREN WARD | COMMISSIONER Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 6 S BROADWAY ST, JOLIET, IL 60436-1753
- In care of
- % HENRY MORRIS
- Principal officer (990 for 2025)
- MICHAEL SIMELTON, 6 SOUTH BROADWAY STREET, JOLIET, IL 60436
- Signed the 990
- MICHAEL SIMELTON, CEO
- Phone
- (815) 727-0611
- Return prepared by
- RUBINBROWN LLP
Mission
DEVELOPMENT AND PROMOTION OF AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS.
Program accomplishments
- DEVELOPMENT AND PROMOTION OF AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS.Expenses $1,068,204 · grants $5,000 · revenue $1,078,328
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-4503754
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $18,862,209
- Income (IRS master file)
- $1,732,714
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,732,714 | $1,385,822 | $18,862,209 | XML |
| 990 | December 2024 | $2,870,332 | $849,823 | $18,750,360 | XML |
| 990 | December 2023 | $1,159,800 | $688,074 | $16,445,067 | XML |
| 990 | December 2022 | $7,913,917 | $366,091 | $16,090,496 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-4503754).
Questions about WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP
- What is the EIN of WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP?
- The employer identification number (EIN) of WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP is 20-4503754.
- Is WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP?
- The 990 for the year ended December 31, 2025 names MICHAEL SIMELTON.
- Who are the officers and directors of WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP?
- The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does WILL COUNTY HOUSING DEVELOPMENTCORPORATION NFP have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,732,714, expenses of $1,385,822 and total assets of $18,862,209 at year end.
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- MONARCH TRANSFORMATION HOMES EIN 88-2407116 · last filed 990-N for 2025
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- CORNERSTONE RESIDENTIAL CENTER NO 4 NFP EIN 26-1755748 · last filed 990 for 2025