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Nonprofit · EIN 36-2666771

OAK PARK RESIDENCE CORP

Tax-exempt · OAK PARK, IL 60302

Financials

$10.1M$10.6M2023$10.6M$10.5M2024
Revenue Expenses · by fiscal year end
Financials of OAK PARK RESIDENCE CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$10,620,071$10,522,313$97,758$55,204,603$55,356,377-$151,774
December 31, 2023990$10,140,044$10,648,411-$508,367$45,218,271$45,467,803-$249,532
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$895,291
of which government grants
$895,291
Program service revenue
$9,707,444
Investment income
$17,336
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$246,294
Other salaries and wages
$1,213,303
Salaries, compensation and benefits (total)
$1,761,520
Professional fundraising fees
$0
Occupancy
$2,808,311
Depreciation
$2,285,776
Program services (functional)
$8,363,142
Management and general (functional)
$2,159,171

Balance sheet and other

Total assets, start of year
$45,218,271
Total assets, end of year
$55,204,603
Total liabilities, end of year
$55,356,377
Net assets, end of year
-$151,774
Land, buildings and equipment
$32,369,316
Publicly traded securities
$625,527
Net assets without donor restrictions
$1,100,627
Net assets with donor restrictions
-$1,252,401
Gross receipts
$10,620,071
Employees
50
Year formed
1979
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 / weekCompensationFrom related orgs
DAVID G POPECEO
Officer
35$185,872$60,422
DARIAN BLOOMDIRECTOR
Trustee or director
1$0$0
RYAN VON DREHLEDIRECTOR
Trustee or director
1$0$0
PETER GONZALEZTREASURER
Trustee or director, Officer
1$0$0
MAJORIE GREENWALDSECRETARY
Trustee or director, Officer
1$0$0
NANCY LEAVYDIRECTOR
Trustee or director
1$0$0
WAYNE PIERCECHAIR
Trustee or director, Officer
1$0$0
CODY POWELLDIRECTOR
Trustee or director
1$0$0
JENNIFER STRATMANVICE CHAIR
Trustee or director, Officer
1$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationFrom related orgs
DAVID G POPECEO
Officer
30$187,144$59,098
DARIAN BLOOMDIRECTOR
Trustee or director
1$0$0
RYAN VON DREHLEDIRECTOR
Trustee or director
1$0$0
PETER GONZALEZTREASURER
Trustee or director, Officer
1$0$0
MAJORIE GREENWALDSECRETARY
Trustee or director, Officer
1$0$0
NANCY LEAVYDIRECTOR
Trustee or director
1$0$0
WAYNE PIERCECHAIR
Trustee or director, Officer
1$0$0
CODY POWELLDIRECTOR
Trustee or director
1$0$0
JENNIFER STRATMANVICE CHAIR
Trustee or director, Officer
1$0$0
RACHEL WEBERDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
21 SOUTH BLVD, OAK PARK, IL 60302-2712
In care of
% EDWARD W SOLAN
Principal officer (990 for 2024)
DAVID G POPE, 21 SOUTH BOULEVARD, OAK PARK, IL 60302
Signed the 990
WAYNE PIERCE, CHAIR
Phone
(708) 386-6061
Return prepared by
KOLNICKI PETERSON & WIRTH CPA'S

Mission

THE ORGANIZATION WAS ESTABLISHED TO PROMOTE THE PROGRESS AND GENERAL WELFARE OF THE RESIDENTS OF THE VILLAGE OF OAK PARK, ILLINOIS BY IMPROVING OR CAUSING TO BE IMPROVED SUBSTANDARD OAK PARK HOUSING STOCK AND DEVELOPING PROJECTS AND ACTIVITIES FOR THE PREVENTION AND ELIMINATION OF BLIGHT INFLUENCE AND IN COOPERATION WITH GOVERNMENT AND CIVIC BODIES FOR THE PREVENTION AND ELIMINATION OF RACIAL AND ETHNIC PREJUDICE AND DISCRIMINATION. THE ORGANIZATION ALSO ASSISTS THE LOCAL GOVERNMENT IN IMPLEMENTING ITS FAIR HOUSING ORDINANCE, INSTRUCTS AND COUNCELS INDIVIDUALS AND GROUPS ON HOUSING MANAGEMENT STANDARDS, HOUSING REHABILITATION TECHNIQUES AND IMPROVEMENT OF RESIDENTIAL PROPERTIES TO PROVIDE ELDERLY PERSONS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES TO MEET THEIR PHYSICAL NEEDS TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

990 for the year ended December 31, 2024

Program accomplishments

  • TO REPAIR, PURCHASE, SELL AND MANAGE SUBSTANDARD RESIDEN- TIAL HOUSING IN OAK PARK, ILLINOIS. THE CORPORATION ALSO MANAGES PROPERTIES AND SELLS FORECLOSED HOUSES.
    Expenses $7,396,087
  • OPERATION OF THE OAKS, AN APARTMENT COMPLEX FOR THE ELDERY AND PHYSICALLY HANDICAPPED THAT IS SUBSUDIZED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
    Expenses $967,055

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
36-2666771
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
1977
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$55,204,603
Income (IRS master file)
$10,620,071

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$10,620,071$10,522,313$55,204,603XML
990December 2023$10,140,044$10,648,411$45,218,271XML
990December 2022$9,778,703$10,530,827$42,582,613IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 36-2666771).

Questions about OAK PARK RESIDENCE CORP

What is the EIN of OAK PARK RESIDENCE CORP?
The employer identification number (EIN) of OAK PARK RESIDENCE CORP is 36-2666771.
Is OAK PARK RESIDENCE CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1977.
Are donations to OAK PARK RESIDENCE CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does OAK PARK RESIDENCE CORP 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 RESIDENCE CORP 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 RESIDENCE CORP 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 RESIDENCE CORP?
The 990 for the year ended December 31, 2024 names DAVID G POPE.
Who are the officers and directors of OAK PARK RESIDENCE CORP?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $185,872 (DAVID G POPE, CEO).
How much revenue does OAK PARK RESIDENCE CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $10,620,071, expenses of $10,522,313 and total assets of $55,204,603 at year end.

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