Overview
What is Libertyville Business Park Association Inc?
Libertyville Business Park Association Inc is a nonprofit organization dedicated to developing Libertyville Business Park as a research, office, and industrial complex. This is done in accordance with a Development Agreement and Development Ordinance, aiming to preserve the park's values and amenities for the benefit of the surrounding community. The association's responsibilities include creating necessary easements and overseeing maintenance, repairs, and use of the park for the property owners. Their primary focus is on maintaining the East and West ponds within the business park.
Is Libertyville Business Park Association Inc legitimate?
Libertyville Business Park Association Inc is a legitimate nonprofit organization registered as a 501(c)(12) entity. Libertyville Business Park Association 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.
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What is the mission statement of Libertyville Business Park Association Inc?
The Libertyville Business Park Association Inc's mission is centered around developing a research, office, and industrial complex. This is done in accordance with a development agreement and ordinance. The association aims to preserve the values and amenities of the property, benefiting the real estate. It also creates necessary easements and takes care of the use, maintenance, and repairs for the property owners.
Who is the CEO of Libertyville Business Park Association Inc?
John Sexton is the Director - President of Libertyville Business Park Association Inc.
What is the revenue of Libertyville Business Park Association Inc?
Libertyville Business Park Association Inc's revenue in 2022 was $70,000.
Who are the executives of Libertyville Business Park Association Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Libertyville Business Park Association Inc?
Libertyville Business Park Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Libertyville Business Park Association Inc
Libertyville Business Park Association Inc is dedicated to transforming a research, office, and industrial complex, following the guidelines set by the Development Agreement and the Development Ordinance. Their primary objective is to preserve the inherent values and amenities of the complex, benefiting the property owners. Additionally, the Association creates necessary easements and oversees the maintenance, repair, and use of the property for the owners' benefit.
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Impact
October, 2024
Libertyville Business Park Association Inc plays a crucial role in the development and maintenance of the Libertyville Business Park, transforming it into a thriving research, office, and industrial complex. By adhering to the Development Agreement and Development Ordinance, the Association ensures the area's growth while safeguarding property values and community amenities.
The Association's impact extends beyond development; it actively enhances the local environment through programs focused on pond maintenance and repairs, promoting both ecological health and recreational opportunities for local businesses and residents. Additionally, by creating easements and maintaining shared spaces, the Association fosters a sense of community and collaboration among businesses within the park.
Overall, Libertyville Business Park Association Inc contributes to the economic vitality of the region, attracts investment, and supports sustainable practices that benefit both the local business landscape and the broader community.
This information is meant to be a general summary of Libertyville Business Park Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $70,000
Assets and Liabilities:
- Total Assets: $74,338
- Total Liabilities: $10,000
- Net Assets: $64,338
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Organization Details
Founding Year
2018
Phone
(847) 372-5769Principal Officer
John Sexton
Main Address
512 CHESTNUT STREET UNIT 414, WINNETKA, IL, 60093
NTEE Category
Code: W03 - Public benefit
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