Public Charity

LIBERTYVILLE BUSINESS PARK ASSOCIATION INC

Based in WINNETKA, IL, LIBERTYVILLE BUSINESS PARK ASSOCIATION INC operates as a Public Charity. The organization reported $60K in revenue, $60K in expenses, $53K in total assets for fiscal year 2025.

EIN: 832577945 WINNETKA, IL Professional Societies & Associations NTEE: W03 Latest filing: 2025
Total Revenue$60K
Total Expenses$60K
Total Assets$53K
Grant Records0
Filing Years2021–2025

Mission

THE PURPOSE OF THE ASSOCIATION IS TO DEVELOP LIBERTYVILLE BUSINESS PARK AS A RESEARCH, OFFICE AND INDUSTRIAL COMPLEX PURSUANT TO THE DEVELOPMENT AGREEMENT AND THE DEVELOPMENT ORDINANCE, TO PROVIDE FOR THE PRESERVATION OF THE VALUES AND AMENITIES FOR THE BENEFIT OF THE REAL ESTATE, TO CREATE CERTAIN EASEMENTS, AND TO PROVIDE FOR USE, MAINTENANCE, AND REPAIRS FOR OWNERS.

Where $100 goes at Libertyville Business Park Association Inc

How Libertyville Business Park Association Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$61 Programs the work itself
$39 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $61 for programs

$40
Place 36 tons of stone along the dam structure in the east pond
65% of program spending
$19
Place 24 tons of stone into the west pond
31% of program spending
$2
Grout the east & west pond outflow structure
4% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR - TREASURER Jason Dhaliwal
DIRECTOR - SECRETARY John Nelson
DIRECTOR - PRESIDENT John Sexton
DIRECTOR Rob Romanelli
DIRECTOR Tony Stang

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $60K $60K $53K
2024 $60K $59K $53K
2023 $60K $72K $52K
2022 $70K $56K $74K
2021 $160K $157K $50K

Between 2021 and 2025, reported annual revenue declined from $160K to $60K (-63%), with total assets most recently reported at $53K.

Interactive year-over-year charts and full filing details available with membership.

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