Nonprofit · EIN 27-0881341
51ST STREET BUSINESS ASSOCIATION
Tax-exempt · CHICAGO, IL 60615
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $201,149 | $146,339 | $54,810 | $90,455 | $0 | $90,455 |
| December 31, 2024 | 990 | $164,770 | $164,223 | $547 | $35,645 | $0 | $35,645 |
| December 31, 2023 | 990 | $174,296 | $173,848 | $448 | $35,098 | $0 | $35,098 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $130,606
- of which government grants
- $70,000
- Membership dues
- $250
- Program service revenue
- $70,543
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $2,300
- Occupancy
- $34,072
- Travel
- $13
- Program services (functional)
- $90,817
- Fundraising (functional)
- $55,502
Balance sheet and other
- Total assets, start of year
- $35,645
- Total assets, end of year
- $90,455
- Total liabilities, end of year
- $0
- Net assets, end of year
- $90,455
- Net assets without donor restrictions
- $90,455
- Gross receipts
- $201,149
- Employees
- 0
- Volunteers
- 10
- Year formed
- 2010
- 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 |
|---|---|---|---|
| Sandra Bivens | Executive Director Officer | 50 | $0 |
| Dr Jennea Klingenberg | Vice President Officer | 0 | $0 |
| Michael Kean | Secretary Officer | 0 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Sandra Bivens | Executive Director Officer | 50 | $0 |
| Omar Sweiss | President Officer | 0 | $0 |
| Dr Jennea Klingenberg | Vice President Officer | 0 | $0 |
| Tanya Lee | Treasurer Officer | 0 | $0 |
| Michael Kean | Secretary Officer | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Tanya Lee | Treasurer Officer | 0 | $0 |
| Michael Kean | Secretary Officer | 0 | $0 |
| Dr Jennea Klingenberg | Vice President Officer | 0 | $0 |
| Sandra Bivens | Executive Director Officer | 50 | $0 |
| Omar Sweiss | President Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 220 E 51ST ST, CHICAGO, IL 60615-3406
- In care of
- % SANDRA BIVENS
- Principal officer (990 for 2025)
- SANDRA BIVENS, 220 E 51ST ST, CHICAGO, IL 60615
- Signed the 990
- SANDRA BIVENS, EXECUTIVE DIRECTOR
- Phone
- (708) 682-1307
Mission
The mission of the 51st Business Association is to educate inspire empower network and support the community current businesses and aspiring small business owners within the Grand Boulevard Washington Park and surrounding communities.
Program accomplishments
- Educating inspiring empowering networking and supporting the community current businesses and aspiring new small business owners within the Grand Boulevard Washington Park and surrounding Chicagoland areaExpenses $90,817 · revenue $201,149
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
- 27-0881341
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $90,455
- Income (IRS master file)
- $201,149
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $201,149 | $146,339 | $90,455 | IRS |
| 990 | December 2024 | $164,770 | $164,223 | $35,645 | IRS |
| 990 | December 2023 | $174,296 | $173,848 | $35,098 | XML |
| 990 | December 2022 | $203,256 | $172,278 | $34,650 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 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 27-0881341).
Questions about 51ST STREET BUSINESS ASSOCIATION
- What is the EIN of 51ST STREET BUSINESS ASSOCIATION?
- The employer identification number (EIN) of 51ST STREET BUSINESS ASSOCIATION is 27-0881341.
- Is 51ST STREET BUSINESS ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to 51ST STREET BUSINESS ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 51ST STREET BUSINESS ASSOCIATION 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 51ST STREET BUSINESS ASSOCIATION 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 51ST STREET BUSINESS ASSOCIATION 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 51ST STREET BUSINESS ASSOCIATION?
- The 990 for the year ended December 31, 2025 names SANDRA BIVENS.
- Who are the officers and directors of 51ST STREET BUSINESS ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does 51ST STREET BUSINESS ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $201,149, expenses of $146,339 and total assets of $90,455 at year end.
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