2023-11-02T19:50:51-07:00 2022-12-31 260696412 LOPEZ AND COMPANY CPAS LTD 2702 W CHICAGO AVE CHICAGO IL 60622 990 2022-01-01 811312240 LCN TITLE HOLDING CORPORATION NFP LCNT 7732764900 3533 W NORTH AVENUE CHICAGO IL 60647 LARRY MCKAY VICE PRESIDENT OF FINANCE AND OPERA 7732764900 2023-05-15 true LARRY MCKAY XXX-XX-XXXX true ENRIQUE LOPEZ P00365818 7736348335 3 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z LARRY MCKAY 3533 W NORTH AVE CHICAGO IL 60647 528360 false X LACASANORTE.ORG X 2016 IL LCN TITLE HOLDING CORPORATION NFP OPERATED EXCLUSIVELY FOR THE CHARITABLE PORPUSE OF HOLDING TITLE TO OR LEASHEHOLD INTEREST IN PROPERTY AND COLLECTING RESIDENTIAL AND COMMERCIAL RENTAL INCOME FROM THAT PROPERTY AND TURNING OVER THE INCOME, LESS EXPENSES TO LA CASA NORTE 14 14 0 0 0 0 0 528308 528307 84 53 0 528392 528360 0 0 0 0 0 675083 697395 675083 697395 -146691 -169035 19670994 19085178 18792800 18376019 878194 709159 LCN TITLE HOLDING CORPORATION NFP OPERATED EXCLUSIVELY FOR THE CHARITABLE PORPUSE OF HOLDING TITLE TO OR LEASHEHOLD INTEREST IN PROPERTY AND COLLECTING RESIDENTIAL AND COMMERCIAL RENTAL INCOME FROM THAT PROPERTY AND TURNING OVER THE INCOME, LESS EXPENSES TO LA CASA NORTE false false TO (I) ACQUIRE AND HOLD TITLE TO PROPERTY IN CHICAGO, ILLINOIS CURRENTLY OWNED BY LCN, (II) BORROW LOW-INTEREST RATE FUNDS AND CONTRACT FOR CONSTRUTION OF PROJECT, AND (III) LEASE THE PROJECT TO LCN FOR USE AS A HOUSING DEVELOPMENT AND COMMUNITY CENTER, INCLUDING A SUPPORTIVE HOUSING FACILITY FOR FORMERLY HOMELESS INDIVIDUALS, A COMPREHENSIVE HEALTH CLINIC, A FOOD PANTRY, A YOUTH DROP-IN CENTER AND AN EMPLOYEMENT READINESS FACILITY. false false false false false false false false false true false false true true true false true 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 0 0 0 false false false false false false false false X 14 14 false false false false true true false true true false false true true true true true true true false false IL X LARRY MCKAY 7732764900 3533 W NORTH AVE CHICAGO IL 60647 JOSE MUNOZ EXECUTIVE DIRECTOR 1.00 X 0 181959 0 JULIO RODIGUEZ BOARD PRESIDENT 1.00 X X 0 0 0 JUAN MORADO JR BOARD VICE PRESIDENT 1.00 X X 0 0 0 CHRISTIAN YOUNG BOARD TREASURER 1.00 X X 0 0 0 JEANNETTE COLYVAS BOARD SECRETARY 1.00 X X 0 0 0 JOHN ANGLISS BOARD MEMBER 1.00 X 0 0 0 RYAN COON BOARD MEMBER 1.00 X 0 0 0 VANESSA HALL BOARD MEMBER 1.00 X 0 0 0 HOWARD HAYES BOARD MEMBER 1.00 X 0 0 0 GUSTAVO MAGNO BOARD MEMBER 1.00 X 0 0 0 NICK MATHIOWDIS BOARD MEMBER 1.00 X 0 0 0 SHALINI MENON BOARD MEMBER 1.00 X 0 0 0 JUANPABLO PRIETO BOARD MEMBER 1.00 X 0 0 0 MICK SOLIMENE BOARD MEMBER 1.00 X 0 0 0 CHRISTINA TRIBBIA BOARD MEMBER 1.00 X 0 0 0 0 181959 0 false true false RENTAL INCOME 532000 528307 0 0 528307 53 0 0 528360 528360 0 0 42026 0 0 0 156750 0 0 0 498619 0 0 0 697395 0 0 0 208673 227469 75519 0 18860614 1741288 17595717 17119326 1791085 1738383 19670994 19085178 18788899 18372118 3901 3901 18792800 18376019 X 878194 709159 878194 709159 19670994 19085178 -169035 X X false true X true false 0 669929 669929 17902380 1672215 16230165 288305 69073 219232 17119326 DEFERRED RENT 1738383 LOAN FEES 0 1738383 REIMBURSEMENTS 3901 3901 X 528360 528360 528360 697395 697395 697395 Pt X, Line 2 NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS AS THE COMPANY IS EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(C)(2) AND DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2021. THE COMPANY IS REQUIRED TO FILE AND DOES FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE ("IRS") AND OTHER TAXING AUTHORITIES. INCOME TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE IRS, TAX YEARS SINCE 2017 (INITIAL RETURN) REMAIN OPEN. THE COMPANY HAD NO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2021. false false false JOSE MUNOZ 0 181959 0 0 0 0 0 0 0 0 0 181959 0 0 Pt VI, Line 6 LA CASA NORTE IN THE SOLE MEMBER. Pt VI, Line 7a LA CASA NORTE HAS THE POWER TO APPOINT BOARD MEMBERS TO THE BOARD OF LCN TITLE HOLDING CORPORATION. Pt VI, Line 11b THE 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITEE. Pt VI, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST Pt XII, Line 2c ORGANIZATION HAS COMMITTEE RESPONSIBLE FOR OVERSIGHT OF AUDIT AND SELECTION OF INDEPENDET ACCOUNTANT. Pt VI, Line 12c BOARD OF DIRECTORS EACH SIGN A CONFLICT OF INTEREST POLICY. Pt VI, Line 15a THE EXECUTIVE DIRECTOR'S PERFORMANCE AND COMPENSATION REVIEW IS CONDUCTED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS USING THE ILLINOIS ANNUAL SALARY/COMPENSATION SURVERY AND GUIDESTAR COMPARABLE SALARIES. LA CASA NORTE 3533 W NORTH AVE CHICAGO IL 60647 364041525 AFFORDABLE HOUSING SERVICES IL 501(c)(3) LINE 10 NA false false false false false false false false false false true false false false false false false false false false LA CASA NORTE J 528307 FAIR VALUE