LAKE PARK ASSOCIATES INC
2024 · Form 990 · revenue $7.1M · expenses $11.0M · assets $75.8M
- EIN
- 36-6111317
- Address
- 5235 S HARPER CT STE 900, CHICAGO, IL 60615-4284
- NTEE code
- -
- Subsection
- 501(c)(2)
- Ruling year
- 1987
- Cross-check
- ProPublica Nonprofit Explorer
Mission
Lake Park Associates acquires, sells, holds, manages and leases real property for the benefit of The University of Chicago.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
14 people paid across every filing: current people first, then by total pay from this organization. Organizations counts every nonprofit each person appears on.
| Name | Latest title | Years | Latest year pay | Total pay from here | Organizations |
|---|---|---|---|---|---|
| Kimberly Taylor | VP&Secr-PartYr | 2020-2024 | $663,001 | $4,568,917 | 8 |
| Mary Frances Mccourt | Former President | 2021-2024 | $1,500,000 | $4,210,734 | 1 |
| Lori Berko | Director | 2021-2024 | $704,264 | $2,237,476 | 5 |
| Angelica Marks | VP & Treasurer | 2020-2024 | $420,977 | $1,926,167 | 2 |
| Robert Rush | Asst Secretary | 2020-2024 | $315,576 | $1,417,746 | 2 |
| Michele Rasmussen | Director | 2023-2024 | $582,685 | $1,355,575 | 3 |
| Christian Mitchell | President | 2023-2024 | $682,540 | $1,173,789 | 4 |
| Elizabeth Shanin | VP & Secretary | 2024 | $455,010 | $455,010 | 6 |
| Katie Callow-Wright (former) | Vice President | 2020-2023 | $557,662 | $2,761,699 | 7 |
| Derek Douglas (former) | VP-former | 2020-2021 | $1,004,214 | $1,732,569 | 5 |
| Ivan Samstein (former) | President | 2020 | $735,759 | $735,759 | 20 |
| Brett Padgett (former) | Presidnt-former | 2021 | $554,364 | $554,364 | 5 |
| David B Fithian (former) | Director | 2020 | $446,923 | $446,923 | 6 |
| Philip Gold (former) | Treas-former | 2020 | $227,303 | $227,303 | 1 |
People by year
2024 · 8 people listed · 8 paid, $5.3M · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| MARY FRANCES MCCOURT | Former President | 0 | $0 | $1,500,000 | $0 | $1,500,000 | 1 |
| Lori Berko | Director | 1 | $0 | $660,240 | $44,024 | $704,264 | 5 |
| Christian Mitchell | President | 1 | $0 | $640,070 | $42,470 | $682,540 | 4 |
| Kimberly Taylor | VP&Secr-PartYr | 1 | $0 | $607,418 | $55,583 | $663,001 | 8 |
| Michele Rasmussen | Director | 1 | $0 | $544,882 | $37,803 | $582,685 | 3 |
| Elizabeth Shanin | VP & Secretary | 1 | $0 | $386,493 | $68,517 | $455,010 | 6 |
| Angelica Marks | VP & Treasurer | 1 | $0 | $360,884 | $60,093 | $420,977 | 2 |
| Robert Rush | Asst Secretary | 1 | $0 | $290,655 | $24,921 | $315,576 | 2 |
2023 · 8 people listed · 8 paid, $5.9M · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Mary Frances McCourt | President | 1 | $0 | $1,576,346 | $63,249 | $1,639,595 | 1 |
| Kimberly Taylor | VP & Secretary | 1 | $0 | $905,630 | $207,793 | $1,113,423 | 8 |
| Michele Rasmussen | Director | 1 | $0 | $733,721 | $39,169 | $772,890 | 3 |
| Lori Berko | Director | 1 | $0 | $524,718 | $41,989 | $566,707 | 5 |
| Katie Callow-Wright | Vice President | 1 | $0 | $490,707 | $66,955 | $557,662 | 7 |
| Christian Mitchell | President | 1 | $0 | $453,317 | $37,932 | $491,249 | 4 |
| Angelica Marks | VP & Treasurer | 1 | $0 | $349,516 | $59,210 | $408,726 | 2 |
| Robert Rush | Asst Secretary | 1 | $0 | $276,208 | $23,733 | $299,941 | 2 |
2022 · 6 people listed · 6 paid, $4.0M · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Mary Frances McCourt | President | 3 | $0 | $1,020,317 | $50,822 | $1,071,139 | 1 |
| Kimberly Taylor | VP & Secretary | 3 | $0 | $866,050 | $64,464 | $930,514 | 8 |
| Katie Callow-Wright | Vice President | 3 | $0 | $717,029 | $61,614 | $778,643 | 7 |
| Lori Berko | Director | 3 | $0 | $529,281 | $39,113 | $568,394 | 5 |
| Angelica Marks | VP & Treasurer | 3 | $0 | $336,850 | $55,472 | $392,322 | 2 |
| Robert Rush | Asst Secretary | 3 | $0 | $257,837 | $21,993 | $279,830 | 2 |
2021 · 8 people listed · 7 paid, $4.4M · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Derek Douglas | VP-former | 3 | $0 | $908,824 | $95,390 | $1,004,214 | 5 |
| Kimberly Taylor | VP andSecretary | 3 | $0 | $892,391 | $98,411 | $990,802 | 8 |
| Katie Callow-Wright | Vice President | 3 | $0 | $761,429 | $57,180 | $818,609 | 7 |
| Brett Padgett | Presidnt-former | 3 | $0 | $497,643 | $56,721 | $554,364 | 5 |
| Lori Berko | Director | 3 | $0 | $361,186 | $36,925 | $398,111 | 5 |
| Angelica Marks | VP andTreasurer | 3 | $0 | $324,901 | $53,753 | $378,654 | 2 |
| Robert Rush | Asst Secretary | 3 | $0 | $248,494 | $19,901 | $268,395 | 2 |
| Mary Frances McCourt | President | 3 | $0 | $0 | $0 | $0 | 1 |
2020 · 8 people listed · 8 paid, $4.2M · 0 employees
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| Kimberly Taylor | Secretary | 14 | $0 | $771,583 | $99,594 | $871,177 | 8 |
| Ivan Samstein | President | 11 | $0 | $650,787 | $84,972 | $735,759 | 20 |
| Derek Douglas | Vice President | 9 | $0 | $637,513 | $90,842 | $728,355 | 5 |
| Katie Callow-Wright | Director | 7 | $0 | $554,348 | $52,437 | $606,785 | 7 |
| David Fithian | Director | 7 | $0 | $414,956 | $31,967 | $446,923 | 6 |
| Angelica Marks | Treasurer | 3 | $0 | $278,478 | $47,010 | $325,488 | 2 |
| Robert Rush | Asst Secretary | 3 | $0 | $243,727 | $10,277 | $254,004 | 2 |
| Philip Gold | Treas-former | 3 | $0 | $185,351 | $41,952 | $227,303 | 1 |
Highest-paid independent contractors
2024 · 1 contractor · $103K
| Name | Location | Service | Paid |
|---|---|---|---|
| CRANE AND NORCROSS | Chicago, IL | ATTORNEYS AT LAW | $102,944 |
2022 · 1 contractor · $168K
| Name | Location | Service | Paid |
|---|---|---|---|
| Allied Universal Security Services | Philadelphia, PA | Security guard srvcs | $167,755 |
2021 · 1 contractor · $170K
| Name | Location | Service | Paid |
|---|---|---|---|
| Allied Universal Security Services | Philadelphia, PA | Security guard srvcs | $169,620 |
2020 · 2 contractors · $267K
| Name | Location | Service | Paid |
|---|---|---|---|
| Allied Universal Security Services | Philadelphia, PA | Security guard srvcs | $155,229 |
| Shapiro Associates Architectural Service | Chicago, IL | Architectural Services | $111,664 |
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990 | ||||||||
| $7,111,413 | $11,018,569 | $75,788,770 | $73,750,291 | $0 | $7,109,491 | $0 | 0 | - |
| 2023 · Form 990 | ||||||||
| $7,270,656 | $10,129,299 | $81,543,784 | $78,657,447 | $0 | $7,112,508 | $0 | 0 | - |
| 2022 · Form 990 | ||||||||
| $9,188,613 | $8,698,553 | $82,734,529 | $80,329,246 | $1,665,187 | $7,517,770 | $0 | 0 | - |
| 2021 · Form 990 | ||||||||
| $8,628,490 | $9,442,622 | $81,064,507 | $78,202,899 | $1,133,306 | $7,488,332 | $0 | 0 | - |
| 2020 · Form 990 | ||||||||
| $7,736,352 | $8,500,178 | $84,892,237 | $80,135,003 | $848,979 | $7,035,690 | $0 | 0 | - |
Funders of this organization
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Similar organizations
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Who funds organizations like this
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Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990 · $11,018,569 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Depreciation and depletion | $3,453,985 | - | - | - | 31.3% | |
| Other (as described) | Affiliate expenses | $2,027,068 | - | - | - | 18.4% |
| Other (as described) | Repair and maintenance | $1,476,564 | - | - | - | 13.4% |
| Other (as described) | REAL ESTATE TAX | $1,385,000 | - | - | - | 12.6% |
| Fees: other services | $1,143,385 | - | - | - | 10.4% | |
| Other (as described) | Bad debt-Kimbark | $458,234 | - | - | - | 4.2% |
| All other expenses | $366,582 | - | - | - | 3.3% | |
| Occupancy | $362,300 | - | - | - | 3.3% | |
| Insurance | $184,821 | - | - | - | 1.7% | |
| Fees: management | $160,630 | - | - | - | 1.5% | |
| Total | $11,018,569 | 100% |
2023 · Form 990 · $10,129,299 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Depreciation and depletion | $3,319,118 | - | - | - | 32.8% | |
| Other (as described) | Affiliate expenses | $1,636,100 | - | - | - | 16.2% |
| Other (as described) | Repair and maintenance | $1,563,969 | - | - | - | 15.4% |
| Other (as described) | REAL ESTATE TAX | $1,435,982 | - | - | - | 14.2% |
| Fees: other services | $1,076,051 | - | - | - | 10.6% | |
| Occupancy | $405,806 | - | - | - | 4.0% | |
| All other expenses | $234,835 | - | - | - | 2.3% | |
| Insurance | $194,841 | - | - | - | 1.9% | |
| Fees: management | $157,589 | - | - | - | 1.6% | |
| Other (as described) | Recovery expense-Kimbark | $105,008 | - | - | - | 1.0% |
| Total | $10,129,299 | 100% |
2022 · Form 990 · $8,698,553 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Depreciation and depletion | $3,065,232 | - | - | - | 35.2% | |
| Other (as described) | OTHER ADMINISTRATIVE | $1,956,890 | - | - | - | 22.5% |
| Other (as described) | Repair and maintenance | $1,826,274 | - | - | - | 21.0% |
| Other (as described) | REAL ESTATE TAX | $716,310 | - | - | - | 8.2% |
| Occupancy | $440,375 | - | - | - | 5.1% | |
| Fees: legal | $286,705 | - | - | - | 3.3% | |
| Fees: management | $183,093 | - | - | - | 2.1% | |
| Insurance | $182,562 | - | - | - | 2.1% | |
| Other (as described) | Patrols-Kimbark | $35,017 | - | - | - | 0.4% |
| All other expenses | $6,095 | - | - | - | 0.1% | |
| Total | $8,698,553 | 100% |
2021 · Form 990 · $9,442,622 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Depreciation and depletion | $3,122,272 | - | - | - | 33.1% | |
| Other (as described) | OTHER ADMINISTRATIVE | $2,058,481 | - | - | - | 21.8% |
| Other (as described) | REAL ESTATE TAX | $2,041,947 | - | - | - | 21.6% |
| Other (as described) | Repair and maintenance | $1,318,412 | - | - | - | 14.0% |
| Occupancy | $358,715 | - | - | - | 3.8% | |
| Fees: management | $190,618 | - | - | - | 2.0% | |
| Insurance | $168,675 | - | - | - | 1.8% | |
| Fees: legal | $123,470 | - | - | - | 1.3% | |
| Other (as described) | Patrols-Kimbark | $35,193 | - | - | - | 0.4% |
| Interest | $12,467 | - | - | - | 0.1% | |
| All other expenses | $12,372 | - | - | - | 0.1% | |
| Total | $9,442,622 | 100% |
2020 · Form 990 · $8,500,178 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Program | Management | Fundraising | Share |
|---|---|---|---|---|---|---|
| Depreciation and depletion | $3,229,480 | - | - | - | 38.0% | |
| Other (as described) | OTHER ADMINISTRATIVE | $1,746,429 | - | - | - | 20.5% |
| Other (as described) | REAL ESTATE TAX | $1,446,881 | - | - | - | 17.0% |
| Other (as described) | Repair and maintenance | $1,229,741 | - | - | - | 14.5% |
| Occupancy | $344,036 | - | - | - | 4.0% | |
| Fees: management | $191,342 | - | - | - | 2.3% | |
| Insurance | $138,615 | - | - | - | 1.6% | |
| Fees: legal | $66,655 | - | - | - | 0.8% | |
| Other (as described) | BAD DEBT EXPENSE | $66,513 | - | - | - | 0.8% |
| All other expenses | $36,421 | - | - | - | 0.4% | |
| Interest | $4,065 | - | - | - | 0.0% | |
| Total | $8,500,178 | 100% |