Northward Business Park Inc

EIN: 943247350 Unknown

Chicago, IL

Total Revenue
$2,674,301
Total Expenses
$1,305,284
Total Assets
$56,518,645
Net Assets
$56,082,598
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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
1996
Legal Domicile
DE
Principal Officer
Jessica Hamill
Phone
3125377000
Tax Period
2024-07-01 to 2025-06-30

Northward Business Park Inc, founded in 1996, is a community nonprofit in the Unknown sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $1.4M, a strong 51% operating margin.

Mission

Title Holding Corporation For Real Property

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,672,872
Investment Income $1,429
Other Revenue $0
TOTAL REVENUE $2,674,301

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,305,284
TOTAL EXPENSES $1,305,284

Year-over-Year Comparison

2024 2023 Change
Revenue $2,674,301 $3,107,389 -0.1%
Expenses $1,305,284 $1,213,628 +0.1%
Net Income $1,369,017 $1,893,761 -0.3%
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
13
Independent Members
13
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
See Supplemental Information See Supplementa 0.00
Director
$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
2025 $2,674,301 $1,305,284 $56,518,645 $1,369,017
2024 $3,107,389 $1,213,628 $59,225,249 $1,893,761
2023 $3,013,358 $1,162,057 $59,771,001 $1,851,301
2022 $2,988,395 $1,154,799 $65,796,462 $1,833,596
2021 $2,515,250 $951,012 $54,203,507 $1,564,238
2020 $2,450,214 $1,098,394 $45,851,811 $1,351,820
2019 $2,200,229 $970,145 $38,959,176 $1,230,084
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