Independence Plaza Investment Group Inc

EIN: 261492445 Community Improvement

chicago, IL

Total Revenue
$1,357,041
Total Expenses
N/A
Total Assets
$52,590,116
Net Assets
$47,897,843
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
DE
Principal Officer
Lawrence Christensen
Phone
3122514827
Tax Period
2023-01-01 to 2023-12-31

Independence Plaza Investment Group Inc, founded in 2007, is a community nonprofit in the Community Improvement sector that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

Title Holding Company

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $125,631
Other Revenue $1,231,410
TOTAL REVENUE $1,357,041

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue $1,357,041 $1,203,395 +0.1%
Expenses N/A N/A N/A
Net Income N/A $1,203,395 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Theresa Ranck PRESIDENT 0.0
Officer Director
$0 $0 $0
Thomas Kelly VP/SECRETARY 0.0
Officer Director
$0 $0 $0
Lawrence Christensen VP/SECRETARY 0.0
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,357,041 No data $52,590,116 No data
2022 $1,203,395 No data $102,207,706 No data
2021 $2,028,885 No data $153,851,366 No data
2020 $4,385,623 No data $171,492,844 No data
2019 $2,824,822 No data $186,179,824 No data
2018 $19,213,909 $12,702,246 $190,033,000 $6,511,663
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