2026-07-15T18:41:08-05:00 2025-08-31 362996439 WSDD CPAS LTD 17W635 BUTTERFIELD RD SUITE 315 OAKBROOK TERRACE IL 601814004 990 2024-09-01 363107283 GOOD NEWS PARTNERS GOOD 7737644998 1600 JONQUIL TERRACE CHICAGO IL 60626 GARY THOMPSON TREASURER 7737644998 2026-07-15 1 1 WILLIAM J O'HARA P01041882 3123326622 2026-07-15 2024 2025-03-06 01:10:19Z X GARY THOMPSON 1600 JONQUIL TERRACE CHICAGO IL 60626 1514061 0 X GOODNEWSPARTNERS.ORG X 1980 IL HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES. 6 6 29 6 0 0 800283 939699 704316 547698 573271 4373 3002 615 2080872 1492385 0 0 0 0 812147 872883 0 0 112995 834520 839626 1646667 1712509 434205 -220124 4471767 4716548 2967490 3432342 1504277 1284206 HOUSING FOR LOW INCOME FAMILIES AND INDIVIDUALS. 0 0 1359412 547698 OPERATING EXPENSES FOR 64 UNIT HOTEL, 1 CO-OP BUILDING, 2 APARTMENT BUILDINGS AND ONE WOMEN'S SHELTER. SERVING LOW INCOME INDIVIDUALS AND FAMILIES. 1359412 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 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 7 0 1 29 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X KENNETH JOHNSON 7737644998 7630 N PAULINA ST CHICAGO IL 60626 MARK STRINGER BOARD CHAIR 1.00 X X 0 0 0 STEVE GREENHOW VICE CHAIR 1.00 X X 0 0 0 ARTHUR BUD OGLE PRESIDENT-EMERITUS 1.00 X X 0 0 0 GARY THOMPSON TREASURER 8.00 X X 0 0 0 TIMOTHY WILLIAMS DIRECTOR 1.00 X 0 0 0 JEROME HOPKINS DIRECTOR 1.00 X 0 0 0 DAVE VANCE DIRECTOR 1.00 X 0 0 0 KENNETH JOHNSON EXECUTIVE DIRECTOR 40.00 X 90375 0 0 90375 0 0 0 0 0 0 0 701187 238512 939699 PROGRAM SERVICE REVENU 531390 547698 547698 547698 1936 1936 24113 21676 2437 2437 2437 MISCELLANEOUS 531390 615 615 615 1492385 550249 0 2437 X 90375 67370 16818 6187 685327 510871 127537 46919 47329 35281 8808 3240 49852 34186 11356 4310 33449 2412 30122 915 820 820 20985 1162 275 19548 71550 53028 18522 104748 104748 66708 61274 5434 EVICTION 112071 94521 5400 12150 PROVISION FOR BAD DEBTS 106471 106471 UTILITIES 84324 84230 54 40 PROGRAMS 49543 44166 3119 2258 188957 159692 12657 16608 1712509 1359412 240102 112995 1086465 521689 206469 166676 8536 9664 4948089 1876392 2658875 3071697 401052 511422 545770 4471767 4716548 241064 302925 152410 410751 408751 1784787 2025950 530888 542306 2967490 3432342 X 1328210 1258206 176067 26000 1504277 1284206 4471767 4716548 -220124 53 0 X 0 1 X 0 0 X 984832 924379 856047 800283 939699 4505240 984832 924379 856047 800283 939699 4505240 268742 4236498 27 1936 1963 4606 6471 3891 3002 615 18585 4525788 3644726 0.93610 0.92140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 323200 323200 4085883 1737047 2348836 195275 139345 55930 343731 343731 3071697 ADVANCES TO CO-OPS 488248 REAL ESTATE TAX ESCROW 57522 545770 EQUITY DUE CO-OPS 392791 ECONOMIC INJURY DISASTER LOAN 149515 542306 X 1492438 53 53 1492385 0 1492385 1712509 0 1712509 0 1712509 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES IN THE FINANCIAL STATEMENTS. MANAGEMENT BELIEVES THAT THE ORGANIZATION CONTINUES TO QUALIFY AND TO OPERATE AS DESIGNATED. ACCOUNTING STANDARDS PROVIDE GUIDANCE FOR HOW CERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE ORGANIZATION'S INFORMATION RETURNS TO DETERMINE WHETHER THE TAX POSITION ARE "MORE-LIKELY-THAN-NOT" OF BEING SUSTAINED "WHEN CHALLENGED OR "WHEN EXAMINED" BY THE APPLICABLE TAX AUTHORITY. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT AND ASSET OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. THE ORGANIZATION FILES INFORMATION RETURNS IN THE U.S. FEDERAL JURISDICTION AND ILLINOIS STATE JURISDICTION. THE ORGANIZATION IS NO LONGER SUBJECT TO U.S. FEDERAL AND STATE EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2022. AS OF AND FOR THE YEAR ENDED AUGUST 31, 2025, MANAGMENT HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS. BUD AND DONNA OGLE WORKING CAPITAL X 30000 30000 0 1 0 BUD AND DONNA OGLE MORTGAGE X 40000 40000 0 1 0 BUD OGLE MORTGAGE X 80000 51184 0 1 0 BUD AND DONNA OGLE WORKING CAPITAL X 20000 20000 0 1 0 BUD AND DONNA OGLE WORKING CAPITAL X 24380 24380 0 1 0 WILLIAM ROBINSON WORKING CAPITAL X 10000 10000 0 1 1 DARIN CAULEY MORTGAGE X 10000 2000 0 1 1 BUD OGLE MORTGAGE X 10000 10000 0 1 1 ERIC WARD MORTGAGE X 10000 10000 0 1 1 DONNA OGLE WORKING CAPITAL X 40000 40000 0 1 0 DONNA OGLE WORKING CAPITAL X 10000 10000 0 1 1 BUD AND DONNA OGLE WORKING CAPITAL X 80000 80000 0 1 1 BUD AND DONNA OGLE WORKING CAPITAL X 50000 50000 0 1 1 BUD AND DONNA OGLE WORKING CAPITAL X 27813 27813 0 1 1 BUD OGLE MORTGAGE X 3374 3374 0 1 1 408751 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY A BOARD MEMBER APPOINTED BY THE WHOLE BOARD. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO REPORT KNOWN CONFLICTS TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 BOARD APPROVES ALL OFFICER AND KEY EMPLOYEE. COMPENSATION LEVELS ARE COMPARED TO OTHER ORGANIZATIONS AND THIS ORGANIZATION HAS BELOW AVERAGE SALARIES. FORM 990, PART VI, SECTION C, LINE 18 FORM 1023 IS MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION GOVERNING DOCUMENTS ARE MADE AVAIBLE UPON REQUEST, INCLUDING CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990. FORM 990, PART IX, LINE 24E FOOD: PROGRAM SERVICE EXPENSES 40567. MANAGEMENT AND GENERAL EXPENSES 425. FUNDRAISING EXPENSES 140. TOTAL EXPENSES 41132. REAL ESTATE TAXES: PROGRAM SERVICE EXPENSES 37390. MANAGEMENT AND GENERAL EXPENSES 3374. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 40764. RUBBISH REMOVAL: PROGRAM SERVICE EXPENSES 28801. MANAGEMENT AND GENERAL EXPENSES 19. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 28820. TELEPHONE: PROGRAM SERVICE EXPENSES 16338. MANAGEMENT AND GENERAL EXPENSES 1977. FUNDRAISING EXPENSES 1379. TOTAL EXPENSES 19694. MATERIALS AND SUPPLIES: PROGRAM SERVICE EXPENSES 16812. MANAGEMENT AND GENERAL EXPENSES 149. FUNDRAISING EXPENSES 3. TOTAL EXPENSES 16964. FEES AND MEMBERSHIPS: PROGRAM SERVICE EXPENSES 6342. MANAGEMENT AND GENERAL EXPENSES 6038. FUNDRAISING EXPENSES 4416. TOTAL EXPENSES 16796. FUND RAISING EVENTS: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 412. FUNDRAISING EXPENSES 9964. TOTAL EXPENSES 10376. EXTERMINATOR: PROGRAM SERVICE EXPENSES 10260. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 10260. REPAIRS AND MAINTENANCE: PROGRAM SERVICE EXPENSES 2420. MANAGEMENT AND GENERAL EXPENSES 18. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2438. POSTAGE AND MAILING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 245. FUNDRAISING EXPENSES 706. TOTAL EXPENSES 951. TRAINING: PROGRAM SERVICE EXPENSES 762. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 762.