Lake County Properties Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362903290 ✦ Chicago, IL ✦ Designated as a 501(c)(25)

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Overview

What is Lake County Properties Inc?

Lake County Properties Inc is a nonprofit organization, whose primary role was to hold title for real property. Although the current status of this organization is not specified, its mission revolved around this key function. The organization's activities were focused on property-related matters.

Is Lake County Properties Inc legitimate?

Lake County Properties Inc is a legitimate nonprofit organization registered as a 501(c)(25) entity. Lake County Properties Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Lake County Properties Inc?

Lake County Properties Inc, as per the provided information, no longer operates as a nonprofit organization or has an active mission statement. Its primary activity was to hold title for real property, but it is currently terminated or inactive. The organization's mission or objectives, if they existed, are not provided or known at this time.

Who is the CEO of Lake County Properties Inc?

The Private Bank is the Principal Officer of Lake County Properties Inc.

What is the revenue of Lake County Properties Inc?

Lake County Properties Inc's revenue in 2020 was $11,422,568.

Who are the executives of Lake County Properties Inc and what are their salaries?


Here are 2 key members and their salaries:


Joel Sieboldt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Channon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lake County Properties Inc?

Lake County Properties Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Lake County Properties Inc

Lake County Properties Inc, as per the available information, was a nonprofit organization with a primary focus on holding title for real property. However, it's important to note that this nonprofit is no longer active or in operation. This mission suggests that Lake County Properties Inc played a role in managing or overseeing the ownership of real estate properties, likely for various purposes such as community development, affordable housing, or preservation projects. Unfortunately, due to its termination or inactivity, there's limited data available to provide a more detailed explanation of its specific activities or impact.

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Impact




October, 2024

Lake County Properties Inc held real estate titles in Chicago, Illinois, contributing to community improvement initiatives. Its activities likely involved managing and maintaining properties that could have been utilized for various beneficial purposes within the community, although the organization itself is no longer active. The impact of such organizations typically includes fostering local development, providing affordable housing, and enhancing community spaces, all of which contribute to the overall well-being and sustainability of the neighborhoods they serve.




This information is meant to be a general summary of Lake County Properties Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$11,422,568 (2020)
Expenses
$98,848 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: -$276,633
  • Gross Receipts: $11,773,649

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Organization Details

Founding Year

1977

Principal Officer

The Private Bank

Main Address

120 SOUTH LASALLE ST 7TH FLOOR, CHICAGO, IL, 60603

NTEE Category

Code: S47 - Community improvement

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