2024-11-08T09:16:51-06:00 2023-12-31 430765316 RUBINBROWN LLP 225 W WACKER DRIVE CHICAGO IL 60606 990 2023-01-01 237087890 BICKERDIKE REDEVELOPMENT CORPORATION BICK 7732785669 2550 WEST NORTH AVENUE CHICAGO IL 60647 JOY ARUGUETE CEO 7732785669 2024-11-06 1 0 BRUCE SCHIFF P00144204 3124251099 2023 2024-10-15 13:58:12Z JOY ARUGUETE 2550 WEST NORTH AVENUE CHICAGO IL 60647 10033198 0 X WWW.BICKERDIKE.ORG X 1967 IL TO DEVELOP LOW INCOME HOUSING 15 15 97 24 0 0 413228 535500 2618873 2946264 2250888 2521248 6899370 3472262 12182359 9475274 0 0 0 0 2861718 2836444 0 0 115235 2207647 2579661 5069365 5416105 7112994 4059169 92144334 96735727 695892 843966 91448442 95891761 X BICKERDIKE REDEVELOPMENT CORP IS ONE OF THE CITY'S OLDEST COMMUNITY DEVELOPMENT ORGANIZATIONS. THE ORGANIZATIONS MOST SIGNIFICANT ACTIVITIES ARE TO DEVELOP LOW INCOME HOUSING; TO PERFROM SERVICES FOR SENIOR CITIZENS AND HANDICAPPED INDIVIDUALS UNDER THE CONTRACT WITH THE CITY OF CHICAGO; TO PROVIDE AND MANAGE AFFORDABLE HOUSING; TO PROVIDE RENT SUBSIDY PAYMENTS TO LOW INCOME TENANTS 0 0 1672604 1819637 HOUSING DEVELOPMENT - BICKERDIKE HAS DEVELOPED 2,060 UNITS OF SAFE, QUALITY, AFFORDABLE HOUSING IN 264 BUILDINGS. WE PROVIDED HOMES FOR NEARLY 3,500 RESIDENTS AND ENSURE THAT THE PROPERTIES REMAIN AFFORDABLE FOR LONG TERM. 2685732 4636252 COMMERCIAL & ASSET MANAGEMENT - THE COMMERCIAL & ASSET PROGRAM IS INVOLVED WITH PROVIDING A VARIETY OF SERVICES TO THE COMMUNITY. WE HAVE SEVERAL COMMERCIAL SPACES WHICH ARE ALL LEASED TO OPERATORS WHO PROVIDE A WIDE RANGE OF NEEDED SERVICES TO LOCAL RESIDENTS. ONE OF OUR COMMERCIAL SPACES IS LEASED FOR THE OPERATION OF A FRESH MARKET AND GROCERY STORE THAT PROVIDES EASY ACCESS FOR COMMUNITY RESIDENTS TO FRESH, HEALTHY FOODS AT REASONABLE PRICES, AS WELL AS PROVIDING JOBS TO THE NEIGHBORHOOD RESIDENTS THROUGH A LOCAL EMPLOYMENT AGREEMENT. OUR SPACE KNOWN AS THE CALIFORNIA PARKING LOT IS LEASED TO A ERIE FAMILY HEALTH CENTER THAT SERVICES THE LOCAL COMMUNITY, PROVIDING LOW COST PARKING FOR ITS EMPLOYEES IN AN AREA WHERE PARKING IS SCARCE. THROUGH OUR LA ESTANCIA COMMERCIAL SPACES, WE RENT SPACE TO A DAY CARE CENTER SERVING LOCAL FAMILIES WITH DAY CARE AND AFTER SCHOOL PROGRAMMING; LEASE SPACE TO A LOCAL NOT FOR PROFIT FOR THE OPERATION OF A DIABETES PREVENTION PROGRAM; AS WELL AS SPACE FOR AUXILIARY CLASSROOMS FOR AN ALTERNATIVE HIGH SCHOOL AND THROUGH OUR ZAPATA COMMERCIAL SPACE WE LEASE SPACE TO A NON-PROFIT PROVIDER OF EMPLOYMENT AND SOCIAL SERVICES. OUR ASSET MANAGEMENT ACTIVITIES INCLUDE OVERSIGHT AND ACTIVITY RELATED TO OUR INTEREST IN THE ABOVE ASSETS, AS WELL AS OUR QUALITY AFFORDABLE HOUSING WHICH PROVIDES 2,060 UNITS OF BADLY NEEDED AFFORDABLE HOUSING IN OUR COMMUNITY. 219214 HOUSING RELATED SERVICES: TO PERFORM SERVICES FOR SENIOR CITIZENS INCLUDING MINOR REPAIRS AND ACCESSIBILITY IMPROVEMENTS TO HELP SENIORS LIVE IN THEIR HOMES INDEPENDENTLY AS WELL AS TECHNICAL AND HOUSING RELATED INFORMATION PROVIDED TO THE COMMUNITY. 338737 338737 4916287 1 1 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 50 0 1 97 1 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 IL X X YOLANDA CRUZ 7732785669 2550 WEST NORTH AVENUE CHICAGO IL 60647 CLIFTON JOHNSON PRESIDENT 8.00 8.00 X X 0 0 0 ALFREDO CALIXTO VICE-PRESIDENT 8.00 8.00 X X 0 0 0 COLIN BIRD-MARTINEZ TREASURER 8.00 8.00 X X 0 0 0 CYNTHIA LLOYD SECRETARY 8.00 8.00 X X 0 0 0 JASON BEN DIRECTOR 8.00 8.00 X 0 0 0 ANTOINITTA HALL DIRECTOR 8.00 8.00 X 0 0 0 MAUREEN HELLWIG DIRECTOR 8.00 8.00 X 0 0 0 MARIA IKA MARTINEZ DIRECTOR 8.00 8.00 X 0 0 0 RAUL MORALES DIRECTOR 8.00 8.00 X 0 0 0 STEVEN PATZKE DIRECTOR 8.00 8.00 X 0 0 0 ANDREA RUIZ DIRECTOR 8.00 8.00 X 0 0 0 DIANE SPIRES DIRECTOR 8.00 8.00 X 0 0 0 ALEX WILSON DIRECTOR 8.00 8.00 X 0 0 0 JOY ARUGUETE CHIEF EXECUTIVE OFFICER 40.00 X X 255020 0 0 JOSEPH R DUNNE VICE-PRESIDENT OF REAL EST 40.00 X 146094 0 0 MICHAEL J BURTON VP OF ASSET MANAGEMENT 40.00 X 142221 0 0 YOLANDA CRUZ CONTROLLER 40.00 X 130934 0 0 AWILDA CALDERON SOSA VP OF ADMINISTRATION AND O 40.00 X 142832 0 0 AMEL SHINAY JONES VP OF PROPERTY MANAGEMENT 40.00 X 172082 0 0 989183 0 0 11 0 1 0 LANDON BONE BAKER ARCHITECTS 1625 W CARROL AVENUE CHICAGO IL 60612 ARCHITECTURAL 327759 1 219553 315947 535500 DEVELOPMENT FEES 1776409 1776409 MANAGEMENT FEES 989855 989855 ADMINISTRATIVE FEES 180000 180000 2946264 1424862 1424862 520561 557924 -37363 -37363 -37363 38652 1057734 0 0 38652 1057734 1096386 1096386 EMMETT TIF SPONSOR NOTE 3300000 3300000 OTHER INCOME 209625 209625 3509625 9475274 6418526 0 2521248 989183 890265 98918 1847261 1577535 175282 94444 251294 222931 24770 3593 231744 204683 22743 4318 7200 6480 720 4581 3970 441 170 52877 45686 5076 2115 210 189 21 119325 103677 11520 4128 LOSS FROM AFF HSG PTRS. 1455311 1455311 OPERATING EXPENSES 165923 145197 16133 4593 MAINTENANCE 109816 98834 10982 TAXES 65818 59236 6582 115562 102293 11395 1874 5416105 4916287 384583 115235 6296445 7516330 4227706 4789094 1857404 2642805 8211686 8285324 106334 109305 5099828 3573509 1379480 1526319 5724832 6911989 64340447 64954561 92144334 96735727 648560 630677 2589 2666 44743 210623 695892 843966 X 90189274 94632593 1259168 1259168 91448442 95891761 92144334 96735727 4059169 453584 -69434 0 X 0 1 X 1 0 X 515451 631695 1318720 413228 535500 3414594 3105673 15224236 1982621 3128533 3466825 26907888 3621124 15855931 3301341 3541761 4002325 30322482 0 0 0 30322482 1354122 1028428 1158990 2250888 2521248 8313676 1354122 1028428 1158990 2250888 2521248 8313676 401817 3393346 580976 6900467 3509625 14786231 5377063 20277705 5041307 12693116 10033198 53422389 0.56760 0.60350 0.15560 0.15890 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 481677 481677 3866916 2919969 946947 39544 39544 0 711691 613996 97695 1526319 INVESTMENTS AND ADVANCES TO AFFILIATES 6911989 C 6911989 INVESTMENTS HELD FOR RESTRICTIONS 180917 ESCROW AND RESERVES 895315 CONSTRUCTION IN PROGRESS 425625 SPONSOR NOTES 62168891 MORTGAGE NOTE 946349 SECURITY DEPOSITS 4824 DUE FROM DRAWS 332640 64954561 SECURITY DEPOSITS 33385 OTHER LIABILITIES 177238 210623 11260309 453584 308270 465257 1227111 10033198 -557924 -557924 9475274 6816990 377704 1023181 1400885 5416105 0 5416105 PART XI, LINE 2D - OTHER ADJUSTMENTS: ELIMINATED INTERCOMPANY REVENUE 465,257. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -557,924. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 557,924. ELIMINATED INTERCOMPANY EXPENSES 465,257. 0 0 0 0 0 0 0 0 0 JOY ARUGUETE CHIEF EXECUTIVE OFFICER 255020 0 0 0 0 0 0 0 0 0 255020 0 0 0 AMEL SHINAY JONES VP OF PROPERTY MANAGEMENT 172082 0 0 0 0 0 0 0 0 0 172082 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A MEMBERS MAY SUBMIT OTHER QUALIFIED INDIVIDUALS TO SERVE ON THE BOARD OF DIRECTORS PRIOR TO THE ANNUAL MEETING WHERE THE ELECTION OF BOARD DIRECTORS TAKE PLACE, HOWEVER, NO INDIVIDUAL SHALL BE ELIGIBLE FOR NOMINATION IF A FAMILY MEMBER IS A SITTING DIRECTOR WHOSE SEAT IS NOT UP FOR ELECTION. FORM 990, PART VI, SECTION A, LINE 7B THE DECISIONS ARE MADE BY THE GOVERNING BODY AND ARE APPROVED BY THE MEMBERS AND ALL ARE NOTIFIED AND VOTE IS TAKEN AND ALL PROCEEDINGS ARE RECORDED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD MEMBERS ARE PROVIDED THE COPY OF 990 AND IS SCRUTINIZED AND CORRECTIONS ARE SUGGESTED FOR A COMPREHENSIVE PRESENTATION AND IN FULL COMPLIANCE WITH THE REQUIREMENTS OF APPLICABLE IRS RULES AND GOVERNING RULES OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C BOARD DIRECTORS AND COMMITTEE MEMBERS SIGN AN ETHICS, CONFLICT OF INTEREST AND CONFIDENTIALITY POLICY UPON BECOMING MEMBERS AND EVERY YEAR THEREAFTER AND THE ORGANIZATION MONITORS COMPLIANCE WITH THE POLICY THROUGH OUT THE YEAR. ALL EMPLOYEES SIGN THE CONFLICT OF INTEREST POLICY AND THE ORGANIZATION MONITORS COMPLIANCE FOR EMPLOYEES AS WELL. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS WRITTEN POLICIES FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S CEO AND OTHER TOP MANAGEMENT AND THE PAY IS REVIEWED EACH YEAR BY THE BOARD OF DIRECTORS AND PERSONNEL COMMITTEE. THE FINAL DETERMINATION IS DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 18 BICKERDIKE MAKES ITS DOCUMENTS AVAILABLE UPON REQUEST. THE FORM 990 IS ALSO AVAILABLE ON GUIDESTAR'S WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 BICKERDIKE HAS A CONFLICT OF INTEREST POLICY AS WELL AS SPECIFIC EXAMPLES OF CONFLICTS OF INTEREST THAT ARE PART OF THE OVERALL PERSONNEL POLICIES FOR THE ORGANIZATION. THESE POLICIES ARE SIGNED BY EVERY EMPLOYEE UPON RECEIVING THEM. BICKERDIKE'S BOARD OF DIRECTORS AND BOARD COMMITTEE MEMBERS ALSO HAVE A CONFLICT OF INTEREST POLICY THAT THEY SIGN UPON BECOMING A BOARD MEMBER AND EVERY YEAR THEREAFTER. 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