2025-04-11T02:10:18-05:00 2024-06-30 221478099 COHNREZNICK LLP 500 EAST PRATT STREET 4TH FLOOR BALTIMORE MD 21202 990 2023-07-01 862992544 NORTH AUSTIN COMMUNITY CENTER NORT 3126261600 53 N LARAMIE BLVD CHICAGO IL 60639 DONNITA TRAVIS SECRETARY 3126261600 2025-04-09 1 0 LORI ROTHE YOKOBOSKY P01273422 4107834900 2025-04-08 2023 2025-03-06 01:10:19Z DONNITA TRAVIS 53 N LARAMIE BLVD CHICAGO IL 60639 3367436 0 X N/A X 2020 IL TO SERVE YOUTH, FAMILIES, AND OTHER COMMUNITY RESIDENTS IN THE ECONOMICALLY DISADVANTAGED CHICAGO NEIGHBORHOOD OF AUSTIN AND SURROUNDING COMMUNITIES, BY BUILDING A COMMUNITY AND EDUCATIONAL CENTER THAT PROVIDES AMATEUR SPORTS ACTIVITIES, EDUCATION, AND WELLNESS OPPORTUNITIES. 3 3 0 3 0 0 5609541 1914696 577669 1372476 0 80264 0 0 6187210 3367436 0 0 0 0 0 0 0 0 0 775541 5498957 775541 5498957 5411669 -2131521 58139284 55918380 39615946 39526563 18523338 16391817 X IT IS ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES UNDER SECTION 501(C)(3) TO SERVE YOUTH, FAMILIES, AND OTHER COMMUNITY RESIDENTS IN THE ECONOMICALLY DISADVANTAGED CHICAGO NEIGHBORHOOD OF AUSTIN AND SURROUNDING COMMUNITIES, THROUGH A COMMUNITY AND EDUCATIONAL CENTER THAT PROVIDES AMATEUR SPORTS ACTIVITIES, EDUCATION, AND WELLNESS OPPORTUNITIES. 0 0 4548873 1372476 THE NORTH AUSTIN CENTER SERVES 25,000 INDIVIDUALS ANNUALLY AND PROVIDES MORE THAN 100 HOURS EACH WEEK FOR MEMBERS OF THE COMMUNITY TO PARTICIPATE IN SPORTS, CLASSES AND OTHER ACTIVITIES. 4548873 1 1 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 IL X DONNITA TRAVIS 3126261600 53 N LARAMIE BLVD CHICAGO IL 60639 X DONNITA TRAVIS SECRETARY 4.00 2.00 X X 0 0 0 BRIAN MUSSO TREASURER 2.00 1.00 X X 0 0 0 JOHN ZAYAS PRESIDENT 2.00 1.00 X X 0 0 0 0 0 0 0 0 0 0 NORTH AUSTIN COMMUNITY OUTREACH 53 N LARAMIE BLVD CHICAGO IL 60639 MANAGEMENT FEE 748539 1 1801084 113612 1914696 OCCUPANCY REVENUE 531390 1372476 1372476 1372476 80264 80264 3367436 1372476 0 80264 748539 748539 10000 8000 2000 29375 23500 5875 272173 217738 54435 790969 632775 158194 REPAIRS AND MAINTENANCE 3625064 2900051 725013 BANK FEES 2237 1790 447 20600 16480 4120 5498957 4548873 950084 0 2613155 1242209 2945553 1959166 120515 0 377096 32025335 1118983 31644013 30906352 18849925 18930189 674683 654392 1291440 1848976 58139284 55918380 1566794 2025410 37136101 34331732 913051 3169421 39615946 39526563 X 18523338 16391817 18523338 16391817 58139284 55918380 -2131521 0 X 0 1 X 1 0 X 200000 12967746 5609541 1914696 20691983 577669 1372476 1950145 200000 12967746 6187210 3287172 22642128 1801084 1801084 497783 1309498 1807281 497783 3110582 3608365 19033763 80264 80264 80264 80264 200000 12967746 6187210 3367436 22722392 0.83770 0.00350 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3143874 3143874 27988804 1017015 26971789 892657 101968 790689 30906352 INVESTMENT IN NORTH AUSTIN LEVERAGE LENDER 18930189 F 18930189 DUE TO POB 1847905 ENVIRONMENTAL LIABILITY 1230350 DUE TO/FROM NACO 60166 DUE TO ISPORTS 31000 3169421 X 3367436 0 3367436 0 3367436 5498957 0 5498957 0 5498957 PART X, LINE 2: THE ORGANIZATION AND THEIR AFFILIATE NACO ARE EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, EXCEPT FOR TAXES ON UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED JUNE 30, 2024 AND 2023, THERE WAS NO UNRELATED BUSINESS INCOME. FASB ISSUED ASC GUIDANCE REQUIRES RECOGNITION OF THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE-LIKELY-THAN-NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. BECAUSE THE ORGANIZATION AND NACO ARE EXEMPT FROM INCOME TAXES AS A 501(C)(3) ENTITY, THIS GUIDANCE DOES NOT CURRENTLY HAVE ANY IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION AND NACO ALSO DO NOT ANTICIPATE THAT THE PROVISIONS FOR ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES WILL HAVE ANY FUTURE SIGNIFICANT IMPACT ON ITS CONSOLIDATED FINANCIAL STATEMENTS. HOWEVER, ADDITIONAL DISCLOSURES MAY BE REQUIRED OF FUTURE SITUATIONS, IF ANY, WHERE THE ORGANIZATION'S AND NACO'S TAX POSITIONS ARE CONSIDERED UNCERTAIN. FOR THE YEAR ENDED JUNE 30, 2024 AND 2023, THE ORGANIZATION AND NACO DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. ALL NONPROFIT CORPORATIONS ARE REQUIRED TO FILE TAX RETURNS WITH THE INTERNAL REVENUE SERVICE AND OTHER TAXING AUTHORITIES. INCOME TAX RETURNS FILED BY THE ORGANIZATION AND NACO ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR A PERIOD OF THREE YEARS. WHILE NO INCOME TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, TAX YEARS SINCE INCEPTION REMAIN OPEN. FORM 990, PART VI, SECTION A, LINE 3 BOOKKEEPING FUNCTIONS HAVE BEEN DELEGATED TO BLOOMING VENTURES LLC. CONSTRUCTION MANAGEMENT AND PROJECT MANAGEMENT HAVE BEEN DELEGATED TO TOM SHANNON. FORM 990, PART VI, SECTION B, LINE 11B REVIEWED BY BLOOMING VENTURES LLC (BOOKKEEPER) AND DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. NORTH AUSTIN COMMUNITY OUTREACH 53 W JACKSON BLVD SUITE 1734 CHICAGO IL 60604 872537045 SERVE NACC AND THE OTHER PUBLIC CHARITIES HOUSED AT NACC IL 501(C)(3) LINE 12A, I NORTH AUSTIN COMMUNITY CENTER 1 BY THE HAND CLUB 415 N LARAMIE AVENUE CHICAGO IL 60644 203144284 AFTER SCHOOL PROGRAM THAT HELPS CHILDREN HAVE A NEW AND ABUNDANT LIFE IL 501(C)(3) LINE 7 NORTH AUSTIN COMMUNITY CENTER 1 NORTH AUSTIN LEVERAGE LENDER LLC 53 W JACKSON BLVD SUITE 1734 CHICAGO IL 60604 870964370 INVESTMENT IL NORTH AUSTIN COMMUNITY CENTER RELATED -2368 4707049 0 1 0.28160 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 BY THE HAND CLUB C 1801084 ACCRUAL