Local Economic & Employement Development Council Inc in Chicago, Illinois (IL)
Table of contents:
| Local Economic & Employement Development Council Inc | |
| Employer Identification Number (EIN) | 364441222 |
| Name of Organization | Local Economic & Employement Development Council Inc |
| In Care of Name | Theodore Wysocki |
| Address | 1866 N Marcey St, Chicago, IL 60614-4820 |
| Subsection | Charitable Organization |
| Ruling Date | 11/2001 |
| Deductibility | Contributions are deductible |
| Foundation | Organization which receives a substantial part of its support from a governmental unit or the general public |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 12/2013 |
| Assets | $500,000 to $999,999 |
| Income | $500,000 to $999,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $758,491 |
| Amount of Income | $712,122 |
| Form 990 Revenue Amount | $712,122 |
| National Taxonomy of Exempt Entities (NTEE) | Employment, Job-Related: Vocational Training |
Non-representatives - add comments:
Amount of income in 2013: $712,122 (it was $339,792 in 2012)
| This organization: | $712,122 |
| Other organizations performing similar types of work: | $133,002 |
Assets in 2013: $758,491 (it was $377,585 in 2012)
| Local Economic & Employement Development Council Inc: | $758,491 |
| Other organizations performing similar types of work: | $63,305 |
Expenses in 2012: $416,717
| Local Economic & Employement Development Council Inc: | $416,717 |
| Other organizations performing similar types of work: | $133,204 |
Income to expenses ratio in 2012: 1.7
| Local Economic & Employement Development Council Inc: | 1.7 |
| Other organizations performing similar types of work: | 1.0 |
Number of employees in 2012: 15
| Local Economic & Employement Development Council Inc: | 15 |
| Other organizations performing similar types of work: | 7 |
Grants share in income in 2012: 97.3%
| Local Economic & Employement Development Council Inc: | 97.3% |
| Other organizations performing similar types of work: | 79.8% |
Revenue for 2012
Functional expenses for 2012
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2012) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2012) | |
| Total revenue | $339,792 |
| Contributions, Gifts, Grants and Other Similar Amounts | $330,543 |
| Program Service Revenue | $9,220 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $29 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $0 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $0 |
| Statement of Functional Expenses (for 2012) | |
| Total functional expenses | $416,717 |
| Compensation of current officers, directors, trustees, and key employees | $50,196 |
| Other salaries and wages | $173,512 |
| Payroll taxes | $17,495 |
| Professional fundraising services | $0 |
| Other | $175,514 |
| Balance Sheet (for 2012) | |
| Total assets | $377,585 |
| Total liabilities | $255,327 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $50,000 |
| Other | $205,327 |
| Total net assets or fund balances | $122,258 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2012) | |
| The organization is not a private foundation because it is: | An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi) |
| Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2012) | |
| 2008 - 2012 Total | |
|---|---|
| Total Support | $4,057,020 |
| Gifts, grants, contributions, and membership fees received | $4,054,676 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources | $2,344 |
| Gross receipts from related activities, etc. | $0 |
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| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Regal Administrative Services Nfp | 251 East 95th Street 625, Chicago, IL 60619-7207 | IL | 2006-11 | $4,990,166 |
| 2 | Skills For Chicagolands Future | 191 N Wacker Dr Ste 1150, Chicago, IL 60606-1934 | IL | 2011-11 | $3,944,126 |
| 3 | Western Illinois Works Inc | 49 N Prairie St, Galesburg, IL 61401-4648 | IL | 2009-02 | $1,806,635 |
| 4 | Spirit Of Chicago Foundation | 2728 S Wells St, Chicago, IL 60616-2748 | IL | 1991-04 | $746,511 |
| 5 | United Services Of Chicago Inc | 330 E 37th St, Chicago, IL 60653-1346 | IL | 2004-08 | $710,268 |
| 6 | P S It S Social | 2922 Central St, Evanston, IL 60201-1244 | IL | 2012-12 | $356,565 |
| 7 | Transitional Training Services Nfp | 8801 S Stony Island Ave, Chicago, IL 60617-2810 | IL | 2010-05 | $312,038 |
| 8 | Quad City Builders Local 111 Training Program Trust | 8000 29th St W, Rock Island, IL 61201-7671 | IL | 2014-05 | $219,874 |
| 9 | My Fathers Hands | 19 S Broadway, Aurora, IL 60505-3307 | IL | 2010-09 | $176,995 |
| 10 | Smacna Northern Illinois Sheet Metal Workers Local 219 Training F | 6110 Broadcast Pkwy Ste B, Loves Park, IL 61111-8664 | IL | 2000-07 | $162,784 |
| 11 | South Suburban Development Corporation Nfp | 210 W 119th St, Chicago, IL 60628 | IL | 2010-05 | $158,346 |
| 12 | Creative Go-Round | 459 N Milwaukee Ave, Chicago, IL 60654-5522 | IL | 2010-09 | $156,787 |
| 13 | Kusanya Cafe Inc | 6949 S Peoria Street Apt 2e, Chicago, IL 60621-1767 | IL | 2013-04 | $93,909 |
| 14 | Youthbuild Quad Cities, Youthbuild Rock Island | PO BOX 3285, Rock Island, IL 61204-3285 | IL | 2007-01 | $63,954 |
| 15 | United In Jesus Outreach | 700 E Oak St Room 302, Canton, IL 61520-3157 | IL | 2007-01 | $54,777 |
| 16 | Twin City Brick Masons Joint Apprentice Trust Fund | PO BOX 7884, Champaign, IL 61826-7884 | IL | 2002-08 | $42,685 |
| 17 | Workforce Investment Board Of Will County | 214 N Ottawa St, Joliet, IL 60432 | IL | 2004-08 | $13,340 |
| 18 | Kuiche Cafe And Culinary Arts Academy | 9751 S Union Ave, Chicago, IL 60628-1018 | IL | 2009-11 | $1,750 |
| 19 | Untapped Talent Inc | 5621 S Peoria St, Chicago, IL 60621-2233 | IL | 2002-08 | $1,610 |
| 20 | Advantage Love Foundation Inc | 345 W Fullerton Pkwy Apt 2608, Chicago, IL 60614-2855 | IL | 2009-07 | $4 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Total | 1,469 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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