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Nonprofit · EIN 36-1569400

OAK PARK AREA ASSOCIATION OF REALTORS

Tax-exempt · OAK PARK, IL 60302

Financials

$402K$467K2023$402K$442K2024
Revenue Expenses · by fiscal year end
Financials of OAK PARK AREA ASSOCIATION OF REALTORS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$402,340$441,794-$39,454$130,159$121,061$9,098
December 31, 2023990$402,332$467,467-$65,135$167,940$119,388$48,552
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$355,259
Membership dues
$355,259
Program service revenue
$42,435
Investment income
$2,246
Other revenue
$2,400

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$94,775
Other salaries and wages
$50,880
Salaries, compensation and benefits (total)
$167,344
Professional fundraising fees
$0
Accounting fees
$4,800
Occupancy
$29,283

Balance sheet and other

Total assets, start of year
$167,940
Total assets, end of year
$130,159
Total liabilities, end of year
$121,061
Net assets, end of year
$9,098
Land, buildings and equipment
$10,468
Net assets without donor restrictions
$9,098
Gross receipts
$402,340
Employees
2
Volunteers
12
Year formed
1925
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.

NameTitleHours / weekCompensation
Lisa PalermoPast President
Trustee or director, Officer
3$0
Cynthia Howe GajewskiPresident
Trustee or director, Officer
3$0
Ed BellockTreasurer
Trustee or director, Officer
3$0
Monica DaltonSecretary
Trustee or director, Officer
3$0
Chris CurranDirector
Trustee or director
1$0
Bobi EastmanDirector
Trustee or director
1$0
Vanessa RankinsDirector
Trustee or director
1$0
Edwin WaldDirector
Trustee or director
1$0
Deborah WessDirector
Trustee or director
1$0
Brian YabesDirector
Trustee or director
1$0
Sharon HalperinExecutive Director
Officer
40$0
990 for the year ended December 31, 2023: 12 people
NameTitleHours / weekCompensation
Sharon HalperinExecutive Director
Officer
40$91,227
Catherine Simon-VobornikPast President
Trustee or director, Officer
3$0
Lisa PalermoPresident
Trustee or director, Officer
3$0
Cynthia Howe GajewskiVice President
Trustee or director, Officer
3$0
Stephanie EigerTreasurer
Trustee or director, Officer
3$0
Ed BellockSecretary
Trustee or director, Officer
3$0
Monica DaltonDirector
Trustee or director
1$0
Jeffrey O'ConnorDirector
Trustee or director
1$0
Laurel SaltzmanDirector
Trustee or director
1$0
Gabe CaporaleDirector
Trustee or director
1$0
Deborah WessDirector
Trustee or director
1$0
Brian YabesDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
212 SOUTH MARION ST, OAK PARK, IL 60302-3257
Principal officer (990 for 2024)
Sharon Halperin, 1049 Lake St STE 200, Oak Park, IL 60301
Signed the 990
Sharon Halperin, Executive Director
Phone
(708) 386-0150
Return prepared by
Julie L Thompson CPA LTD

Mission

Incorporated for the purpose of uniting those engaged in real estate for the promotion and maintenance of high standards in the profession.

990 for the year ended December 31, 2024

Program accomplishments

  • Promotion and maintenace of high standards in the real estate profession.
  • Advancement and safeguarding the interest of those engaged in the real estate profession.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
36-1569400
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1939
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$130,159
Income (IRS master file)
$402,340

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$402,340$441,794$130,159XML
990December 2023$402,332$467,467$167,940XML
990December 2022$563,188$642,182$444,841IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 36-1569400).

Questions about OAK PARK AREA ASSOCIATION OF REALTORS

What is the EIN of OAK PARK AREA ASSOCIATION OF REALTORS?
The employer identification number (EIN) of OAK PARK AREA ASSOCIATION OF REALTORS is 36-1569400.
Is OAK PARK AREA ASSOCIATION OF REALTORS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1939.
Are donations to OAK PARK AREA ASSOCIATION OF REALTORS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does OAK PARK AREA ASSOCIATION OF REALTORS 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 PARK AREA ASSOCIATION OF REALTORS 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 PARK AREA ASSOCIATION OF REALTORS 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 PARK AREA ASSOCIATION OF REALTORS?
The 990 for the year ended December 31, 2024 names Sharon Halperin.
Who are the officers and directors of OAK PARK AREA ASSOCIATION OF REALTORS?
The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
How much revenue does OAK PARK AREA ASSOCIATION OF REALTORS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $402,340, expenses of $441,794 and total assets of $130,159 at year end.

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