2024-05-13T17:38:48-07:00 2023-06-30 010672939 Paul J Smit & Associates 3330 181st Place Suite 204 Lansing IL 60438 990 2022-07-01 366111317 Lake Park Associates Inc LAKE 7739550200 5235 S Harper Court Suite 900 Chicago IL 60615 Jennie Bennett Assoc VP Finance 2024-05-13 true Jennie Bennett 999009999 true Paul J Smit P00669815 7088891099 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Christian Mitchell 9188613 false X N/A X 1963 IL Lake Park Associates acquires, sells, holds, manages and leases real property for the benefit of The University of Chicago. 5 0 0 0 1133306 1665187 7488332 7517770 6852 5656 0 8628490 9188613 0 0 0 0 0 9442622 8698553 9442622 8698553 -814132 490060 81064507 82734529 2861608 2405283 78202899 80329246 Lake Park Associates acquires, sells, holds, manages and leases real property for the benefit of The University of Chicago. false false Program service expenses relating to the cost of managing real property for the benefit of the University of Chicago. false false false false false false false false false true false false false true true false false false false false false false false false false false false false true false false false false false false false false false false false true false false true 30 0 true 0 false false false false false false false false X 5 0 false true false false true true true true true false false true false false false true true false X McCaffery Interests Inc 7739550200 5239 S Harper Avenue Chicago IL 60615 Mary Frances McCourt President 3.00 40.00 X X 0 1020317 50822 Kimberly Taylor VP & Secretary 3.00 40.00 X X 0 866050 64464 Katie Callow-Wright Vice President 3.00 40.00 X X 0 717029 61614 Lori Berko Director 3.00 40.00 X 0 529281 39113 Angelica Marks VP & Treasurer 3.00 40.00 X X 0 336850 55472 Robert Rush Asst Secretary 3.00 40.00 X 0 257837 21993 3727364 293478 0 false true false Allied Universal Security Services PO Box 828854 Philadelphia PA 19182 Security guard srvcs 167755 1 1665187 1665187 RENTAL INCOME 7517770 7517770 7517770 5656 5656 0 0 0 0 0 0 0 COST REIMB&OTHER REV 0 9188613 7517770 5656 0 0 0 0 0 0 0 0 0 0 183093 286705 0 0 0 0 0 0 0 0 0 440375 0 0 0 0 0 3065232 182562 OTHER ADMINISTRATIVE 1956890 Repair and maintenance 1826274 REAL ESTATE TAX 716310 Patrols-Kimbark 35017 6095 8698553 0 0 0 6648548 8731475 0 0 1390806 1284517 0 0 0 0 140628 115571 115973893 44473883 71730311 71500010 0 0 0 0 1154214 1102956 81064507 82734529 2396327 1926435 363118 325456 102163 153392 2861608 2405283 X 78202899 80329246 78202899 80329246 81064507 82734529 X 490060 1636287 X false false false 37015675 37015675 70706232 41634981 29071251 2859904 2838902 21002 5392082 5392082 71500010 TENANT SECURITY DEPOSITS 153392 153392 X Part X : FIN48 Footnote Lake Park Associates, Inc. was granted an exemption from federal income taxes by the Internal Revenue Service pursuant to the provisions of Internal Revenue Code Section 501(c)(2). The tax exempt purpose of Lake Park Associates, Inc. and the nature in which it operates are described in Part III Note 1 of the IRS Form 990 (Page 2 of 990). Lake Park Associates, Inc. continues to operate in compliance with its tax exempt purpose. Lake Park Associate Inc.'s annual information return filed with the federal government is subject to examination for the statutory period. Lake Park Associates, Inc. had no material uncertain tax positions and as proscribed by FIN 48, a footnote was not required in the compiled financial statements. false false false Angelica Marks VP & Treasurer 292663 44187 24400 31072 392322 Katie Callow-Wright Vice President 646242 64800 5987 24400 37214 778643 Kimberly Taylor VP & Secretary 806203 40500 19347 24400 40064 930514 Lori Berko Director 394845 133000 1436 24400 14713 568394 Mary Frances McCourt President 787504 145458 87355 24400 26422 1071139 Robert Rush Asst Secretary 257837 20727 1266 279830 Form 990, Part VI, Section A, Line 3 Lake Park Associates, Inc. has contracted with McCaffery Interests, Inc. to manage properties. Property management services provided include, but are not limited to, the following: providing accounting and bookkeeping services such as billing and collection of rent, payment of all bills, reconciliation of bank accounts; lease negotiation and execution with tenants; property (site) management services including hiring of security services; securing new tenants when applicable; subcontracting out of property repair and maintenance services and managing these contracts and projects. Form 990, Part VI, Section A, Line 6 The University of Chicago is the sole shareholder of Lake Park Associates. The officers of Lake Park Associates are elected by the Board. The decisions of the officers of Lake Park Associates are subject to the approval of the University of Chicago. Form 990, Part VI, Section A, Line 7a The University of Chicago is the sole shareholder of Lake Park Associates. The officers of Lake Park Associates are elected by the Board. The decisions of the officers of Lake Park Associates are subject to the approval of the University of Chicago. Form 990, Part VI, Section A, Line 7b The University of Chicago is the sole shareholder of Lake Park Associates. The officers of Lake Park Associates are elected by the Board. The decisions of the officers of Lake Park Associates are subject to the approval of the University of Chicago. Form 990, Part VI, Section B, Line 11b A copy of the Form 990 was sent to the officers of the Lake Park Associates before the Form 990 was filed. Form 990, Part VI, Section B, Line 12c The officers of Lake Park Associates are employees of the University of Chicago. The University of Chicago has a written conflict of interest policy and the officers of Lake Park Associates are required to complete the conflict of interest questionnaire, which includes all related organizations including Lake Park Associates, and comply with the University of Chicago's conflict of interest policy. Form 990, Part VI, Section B, Line 15a Lake Park Associates, Inc. does not have any employees. The officers of Lake Park Associates are employees of the University of Chicago. The University of Chicago does have a review and approval process in place for determining compensation of officers and key employees. Form 990, Part VI, Section B, Line 15b Lake Park Associates, Inc. does not have any employees. The officers of Lake Park Associates are employees of the University of Chicago. The University of Chicago does have a review and approval process in place for determining compensation of officers and key employees. Form 990, Part VI, Section C, Line 19 Lake Park Associates complies with Federal and Illinois public disclosure requirements with respect to governing documents, policies and financial statements. Lake Park Associates' policy is to fulfill all requests for the forms made in writing or in person by providing a printed copy of the requested document. Form 990, Part XI, Line 9 Contribution from stockholder = $1636287 Form 990, Part VI, Section B 15A and 15B The officers and board members of Lake Park Associates are not compensated by Lake Park Associates. They are employees of the University of Chicago, the controlling organization. The University of Chicago does review their compensation as officers of the University. Form 990, Part VI, Section B, Line 13 Lake Park Associates, Inc. does not have any employees. The employees who are officers and directors of Lake Park Associates are University of Chicago employees. The University of Chicago has a written whistleblower policy that is applicable to all employees. University of Chicago 5801 S Ellis Avenue Chicago IL 60637 362177139 Education and Research IL 501(c)(3) Line 2 N/A false UniversityofChicago CancerResearch Fndtn 5801 S Ellis Ave Chicago IL 60637 366056201 Supporting research IL 501(c)(3) Line 12A, I University of Chicago false University of Chicago Property Hldg Crp 5801 S Ellis Ave Chicago IL 60637 366108743 Property holding IL 501(c)(2) University of Chicago false ARCH Development Corporation 5555 S Woodlawn Ave Chicago IL 60637 363485244 Technology transfer IL 501(c)(3) Line 12A, I University of Chicago false UniversityofChicago Charter School Corp 5801 S Ellis Ave Chicago IL 60637 364225812 Education IL 501(c)(3) Line 2 University of Chicago false Court Theatre Fund 5535 S Ellis Ave Chicago IL 60637 363203660 Supporting the arts IL 501(c)(3) Line 12A, I University of Chicago false UniversityofChicago Self Insurance Trust 5801 S Ellis Ave Chicago IL 60637 363020034 Malpractice trust IL 501(c)(3) Line 12A, I University of Chicago false UniversityofChicago Retiree Mdcl Trust 5801 S Ellis Ave Chicago IL 60637 363999692 Medical Trust IL 501(c)(3) Line 12A, I University of Chicago false Chicago Tumor Institute 5801 S Ellis Ave Chicago IL 60637 237136019 Supporting research IL 501(c)(3) Line 12A, I University of Chicago false National Opinion Research Center 55 E Monroe Chicago IL 60603 362167808 Social science surveys IL 501(c)(3) Line 7 NA false The Quadrangle Club 5801 S Ellis Ave Chicago IL 60637 361655190 Social Club IL 501(c)(7) Universtiy of Chicago false Fermi Research Alliance LLC PO Box 500 Batavia IL 60510 571239010 Manage lab IL 501(c)(3) Line 7 NA false UChicago Research Intl Ltd 5801 S Ellis Ave Chicago IL 60637 262741573 Research IL 501(c)(3) Line 12A, I University of Chicago false University of Chicago Cloisters Club 1212 E 59th St Chicago IL 60637 Social Club IL University of Chicago false Chicago Home for the Incurables 5801 S Ellis Ave Chicago IL 60637 362169138 Supporting research IL Line 12A, I 501(c)(3) University of Chicago false The John Crerar Foundation 5730 S Ellis Avenue Chicago IL 60637 363155157 Support the library IL 501(c)(3) Line 12D, III-0 N/A false Chapin Hall Center for Children 1313 E 60th Street Chicago IL 60637 362167012 Policy research center IL 501(c)(3) Line 7 N/A false HYMEN MILGROM SUPPORTING ORGANIZATION 33 N LaSalle Street Suite 2131 Chicago IL 60602 466789522 Support education research VA 501(c)(3) Line 12D, III-0 N/A false The Marine Biological Laboratory 7 MBL STREET Woods Hole MA 02543 042104690 Research and Education ME 501(c)(3) Line 7 University of Chicago false University of Chicago Medical Ctr 5841 S Maryland Chicago IL 60637 363488183 Hospital IL 501(c)(3) Line 3 University of Chicago false Asian Health Coalition 180 W Washington St Suite 1000 Chicago IL 60602 311607193 Healthcare Accessibility IL 501(c)(3) Line 10 University of Chicago false UCM Community Health&Hospital Div Inc 208 South LaSalle Street Chicago IL 60604 363181170 PROMOTE HEALTHY COMMUNITIES & HEALTHCARE IL 501(c)(3) Line 12B, II UNIV OF CHICAGO MEDICAL CENTER false UCM Care Network Medical Group Inc 5841 S Maryland Ave Chicago IL 60637 474221241 Healthcare IL 501(c)(3) Line 10 Univ Chicago Medicine Care Network LLC false South East Chicago Commission 1511 East 53rd Street Chicago IL 60615 362226282 Economic Development IL 501(c)(3) Line 7 University of Chicago false UCHICAGO MEDICINE NORTHWEST INDIANA INC 5841 S MARYLAND AVE Chicago IL 60637 922355855 Healthcare IN 501(c)(3) Line 3 UC Medical Center false University of Chicago Center in Paris 6 Rue Thomas Mann 75013 Paris FR Education FR University of Chicago false UniversityofChicago Booth Schl of Busine Wolgate Exchange 25 Basinghal St London UK EC2V5HA Education UK University of Chicago false UniversityofChicago Booth Schl of Busine 101PENANG RD 238466 Singapore SN Education SN University of Chicago false University of Chicago Trust India L-9East WingRaheja Towers Mg Rd Bangalore IN 560001 Fundraising IN University of Chicago false UniversityofChicago Foundtn in Hongkong RM100 FAR EAST CTR C/O WM FAN CO Hong Kong HK Fundraising HK University of Chicago false SC Curriculum Inc 70 West Madison St Chicago IL 60602 Science curriculum IL Univ of Chicago false Phoenix Overlay Fund LTD 401 N Michigan Avenue Chicago IL 60611 Investing Univ of Chicago false UChicago Beijing Consulting Co LTD UNIT 1-10 CULTURE PL OF REMMIN UNI Beijing CH Consulting CH Univ of Chicago false UChicago Center in India Pvt Ltd Unit 5-10 Grd Fl DLF Capital Point New Delhi IN Consulting IN Univ of Chicago false false false false false false false false false false false false false false false false false false false false SCHEDULE R, PART I The University of Chicago, a 501(c)(3) organization, is the direct controlling organization of Lake Park Associates, Inc. For purposes of completeness, the following information is provided: The related organizations listed below are disregarded entities of the University of Chicago:UChicago Argonne LLC - 68-0628477, 5801 S. Ellis Avenue, Chicago, IL 60637Primary Activity: Manage Lab Legal Domicile: IllinoisUniversity of Chicago Foundation Ltd 98-0525557, 5th FL Alder Castle, 10 Noble, London, United Kingdom Primary Activity: Fundraising Legal Domicile: United KingdomTheory and Computing Sciences Building Trust 51-6596577 - 5801 S. Ellis Avenue, Chicago, IL 60637Primary Activity: Research Building Legal Domicile: IllinoisUChicago Trading 30-0517735, 5801 S. Ellis Avenue, Chicago, IL 60637Primary Activity: Investing Legal Domicile: IllinoisUChicago Impact LLC 61-1682394, 1307 E. 60th Street, Chicago, IL 60637Primary Activity: Education Legal Domicile: IllinoisHarper Court Holdings LLC 5801 S. Ellis Avenue, Chicago, IL 60637Primary Activity: Holding Company Legal Domicile: IllinoisLPA Management LLC 5801 S. Ellis Avenue, Chicago, IL 60637Primary Activity: Property Management Legal Domicile: Illinois6014 Cottage Grove LPA Holdings LLC 5801 S. Ellis Avenue, Chicago, IL 60637Primary Activity: Property Holding CompanyLegal Domicile: IllinoisCenter for Research in Security Prices LLC 105 West Adams, Suite 1700, Chicago, IL 60603Primary Activity: Securities Research and DataLegal Domicile: IllinoisHarper Court Holdings 2 LLC 5801 S. Ellis Avenue, Chicago, IL 60637Primary Activity: Holding Company Legal Domicile: IllinoisFor purposes of completeness, please note the following:The entities listed below are disregarded entities of The University of Chicago Medical Center:UCMC Community Physicians LLC, 5841 S. Maryland Ave., Chicago, IL 60637EIN: 38-3865637 Primary Activity: Physician Services Legal Domicile: IllinoisUniversity of Chicago Medicine Care Network LLC, 5841 S. Maryland Ave., Chicago, IL 60637EIN: 47-4222269 Primary Activity: Healthcare Legal Domicile: IllinoisUCM Global LLC, 5841 S. Maryland Ave., Chicago, IL 60637EIN: 32-0579811 Primary Activity: International Medical ConsultingLegal Domicile: IllinoisUCMC On-Campus Mammography Services, LLC f/k/a UCMC-Solis On-Campus Mammography Services, LLC and UCMC Off-Campus Mammography Services, LLC f/k/a UCMC-Solis Off-Campus Mammography Services, LLC were related organizations for a short transition period (March 31, 2023-June 30, 2023) before they were dissolved.Also note:The University of Chicago Medical Center is a less than 50% member in a joint venture with UCMC/SCH Oncology JV LLC, a tax exempt entity, 1850 Silver Cross Blvd, New Lenox, IL 60451, EIN: 32-2436795And The University of Chicago Medicine Care Network, LLC, a disregarded entity of the University of Chicago Medical Center, is the sole member of the following related entities:UCM Care Network Medical Group Inc. 5841 S. Maryland Ave., Chicago, IL 60637EIN: 47-4221241 Primary Activity: Healthcare Legal Domicile: IllinoisUniversity of Chicago Medicine Care Network Affiliated Physicians LLC, 5841 S. Maryland, Chicago, IL 60637, EIN: 47-4233918 Primary Activity: Healthcare Legal Domicile: IllinoisThe following entity is a disregarded entity of UChicago Research International, a related entity:UChicago Research Bangladesh LLC, 5801 S. Ellis Avenue, Chicago, IL 60637Primary Activity: Support Research Legal Domicile: Illinois