Tr 120 S Lasalle Corp C/o Lpc Realty Advisors I Lp

Nonprofit profile at a glance

EIN
205234677
IRS 990-EZ coverage
2020–2020
Forms available
Form 990-EZ 2020
Location
Chicago, IL, USA
Phone
3123458784
Rating confidence
Limited
Sector
Real Estate Associations

Reported finances

Revenue
$8,717
Expenses
$5,794
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JENIFER RATCLIFFE (PRESIDENT)

People named in this filing

  • JENIFER RATCLIFFE (PRESIDENT)
  • GREGORY COURTWRIGHT (VP/ TREASURER)
  • LEE R BAKER (VP/ SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The corporation is a 501(c)(25) organization. It was organized for the exclusive purpose of holding title to real property, collecting income from such property, and remitting the entire amount of income from such property (less expenses) to the shareholder of thiscorporation. The sole shareholder of this corporation is the teachersretirement system of the state of Illinois, which is a tax-exemptpension fund that meets the requirements of section 401(a) of theinternal revenue code as amended, which trusts are exempt fromtaxation under section 501(a) of the code.

What it reported doing in 2020

Not applicable

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 33.5%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.