Nonprofit · EIN 27-1636147
OAK GROVE DEVELOPMENT CORPORATION
Tax-exempt · CHAMPAIGN, IL 61822
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $7,365,922 | $8,911 | $7,357,011 | $14,842,490 | $1,635,554 | $13,206,936 |
| December 31, 2023 | 990 | $3,649,580 | $1,835 | $3,647,745 | $7,503,257 | $1,653,332 | $5,849,925 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $2,517,252
- of which government grants
- $136,310
- Program service revenue
- $618,186
- Investment income
- $4,230,484
- Net gain from sales of assets
- $4,230,249
- 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
- Legal fees
- $2,296
- Accounting fees
- $6,615
- Management and general (functional)
- $8,911
Balance sheet and other
- Total assets, start of year
- $7,503,257
- Total assets, end of year
- $14,842,490
- Total liabilities, end of year
- $1,635,554
- Net assets, end of year
- $13,206,936
- Land, buildings and equipment
- $1,415,792
- Net assets without donor restrictions
- $13,206,936
- Gross receipts
- $9,515,673
- Employees
- 0
- Volunteers
- 7
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| LILY WALTON | CEO Officer | 2 | $0 | $198,051 |
| REVEREND RICKEY PARKS | Vice President Trustee or director, Officer | 0.25 | $0 | $0 |
| TODD SALEN | Director Trustee or director | 0.25 | $0 | $0 |
| DR GRANT HENRY | President Trustee or director, Officer | 0.25 | $0 | $0 |
| FRANCESCA MORGAN | Director Trustee or director | 0.25 | $0 | $0 |
| PETER MCFARLAND | Director Trustee or director | 0.25 | $0 | $0 |
| REBECCA OBUCHOWSKI | Director Trustee or director | 0.25 | $0 | $0 |
| LINDA TURNBULL | Resident Advisr Trustee or director | 0.25 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| LILY WALTON | CEO Officer | 2 | $0 | $194,825 | $18,088 |
| REVEREND RICKEY PARKS | Vice President Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| TODD SALEN | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| DR GRANT HENRY | President Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| BAILEE VANANTWERP | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| PETER MCFARLAND | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| REBECCA OBUCHOWSKI | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| LINDA TURNBULL | Resident Advisr Trustee or director | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2008 N MARKET ST, CHAMPAIGN, IL 61822-1308
- In care of
- % DAVID NORTHERN
- Mailing address (990-N for 2017)
- 205 W Park Avenue, Champaign IL 61820
- Principal officer (990 for 2024)
- LILY WALTON, 2008 N MARKET STREET, CHAMPAIGN, IL 61820
- Principal officer (990-N for 2017)
- David A Northern Sr, 205 W Park Avenue, Champaign IL 61820
- Signed the 990
- LILY WALTON, CEO
- Phone
- (217) 378-7100
- Return prepared by
- Maletta & Company
Mission
To create, preserve, revitalize and pursue affordable housing and community development opportunities that serve a diverse mix of households, to entertain, through partnerships or through consultative services, affordable housing activity throughout the State of Connecticut, to seek to promote a viable and dynamic community through leadership and collaborative activities, and to focus on maintaining and managing quality housing and providing residential services that afford our residents the opportunity to achieve personal growth and financial independence.
Program accomplishments
- OVERSEE CONSTRUCTION AND REHABILITATION OF MODERATE AND LOW INCOME HOUSING
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 | Not 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
- 27-1636147
- 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)
- Housing and shelter (L21)
- Assets (IRS master file)
- $14,842,490
- Income (IRS master file)
- $9,515,673
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $7,365,922 | $8,911 | $14,842,490 | XML |
| 990 | December 2023 | $3,649,580 | $1,835 | $7,503,257 | XML |
| 990 | December 2022 | $228,947 | $3,853 | $3,873,131 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990-N for 2017 Officer: David A Northern Sr | December 31, 2017 | ≤ $50,000 receipts | – | – | e-Postcard |
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 27-1636147).
Questions about OAK GROVE DEVELOPMENT CORPORATION
- What is the EIN of OAK GROVE DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of OAK GROVE DEVELOPMENT CORPORATION is 27-1636147.
- Is OAK GROVE DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to OAK GROVE DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does OAK GROVE DEVELOPMENT CORPORATION 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 OAK GROVE DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OAK GROVE DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of OAK GROVE DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names LILY WALTON.
- Who are the officers and directors of OAK GROVE DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does OAK GROVE DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $7,365,922, expenses of $8,911 and total assets of $14,842,490 at year end.
Other nonprofits in CHAMPAIGN
- MAPLE GROVE DEVELOPMENT CORPORATION I EIN 45-2396461 · last filed 990 for 2024
- HABITAT FOR HUMANITY INTERNATIONAL INC EIN 37-1277094 · last filed 990 for 2025
- WOMEN IN NEED RECOVERY EIN 82-4457188 · last filed 990 for 2025
- HOMESTEAD CORPORATION CHAMPAIGN - URBANA EIN 37-1314292 · last filed 990 for 2024
- KINGSTON PROPERTIES I NFP EIN 26-1189380 · last filed 990 for 2024
- PRAIRIE HOME INC EIN 37-1135505 · last filed 990 for 2025
- MENTAL HEALTH CENTER OF CHAMPAIGN COUNTY HOUSING CORPORATION EIN 37-1295713 · last filed 990 for 2025
- MHCCC HOUSING CORP II C EIN 37-1415172 · last filed 990 for 2025
All nonprofits in CHAMPAIGN · Illinois · Housing and shelter