18th & Wabash Corp
Only null% goes to programs Thin reserves
18th & Wabash Corp is a 501(c)(3) organization based in Chicago, Illinois, registered in 1996, with $940,849 in FY2023 revenue. CharityIndex grades it F.
1801 S Wabash, Chicago, IL, 60616 EIN 36-4062755 Since 1996
Revenue (FY2023)
$941K
▼ 12.4% vs prior year
Housing median: $408K
Expenses (FY2023)
$1.7M
Net assets
-$13.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 18th & Wabash Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -78% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 18th & Wabash Corp: 0 mo reserves · -78% margin earns a F on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 18th & Wabash Corp— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 18th & Wabash Corp: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1801 S Wabash, Chicago, IL, 60616
- City
- Chicago
- State
- Illinois
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue grew from $854K (FY2015) to $941K (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $16.6MNet assets -$13.5M
Operating margin
-77.8%
Spent more than it raised in the latest fiscal year.
Total assets
$3.1M
Total liabilities
$16.6M
Net assets
-$13.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $940,849▼12.4% | $1,672,744▼7.9% | -$13,546,730▼5.7% | $3,063,641▼7.9% | 990 |
| 2022 | $1,074,152▲12.1% | $1,815,950▲16.1% | -$12,814,835▼6.1% | $3,324,646▼10.9% | 990 |
| 2021 | $957,819▼0.2% | $1,563,735▼2.4% | -$12,073,037▼5.3% | $3,729,455▼3.4% | 990 |
| 2020 | $959,280▼4.5% | $1,602,774▲5.6% | -$11,467,121▼5.9% | $3,859,288▼6.9% | 990 |
| 2019 | $1,004,848▲5.4% | $1,517,636▲1.5% | -$10,823,627▼5.0% | $4,145,076▼6.6% | 990 |
| 2018 | $953,549▲5.5% | $1,495,405▲6.6% | -$10,310,839▼5.5% | $4,437,922▼7.6% | 990 |
| 2017 | $903,719▲19.0% | $1,403,256▲3.7% | -$9,768,983▼5.4% | $4,803,591▼1.6% | 990 |
| 2016 | $759,640▼11.1% | $1,353,065▲7.0% | -$9,269,446▼6.8% | $4,882,441▼6.7% | 990 |
| 2015 | $854,285 | $1,264,231▲3.4% | -$8,676,021▼123% | $5,231,622▼17.8% | 990 |
| 2010 | — | $1,222,577 | -$3,897,242 | $6,366,098 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is 18th & Wabash Corp a legitimate nonprofit?
- Yes. 18th & Wabash Corp is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 36-4062755, based in Chicago, Illinois. Donations are tax-deductible.
- What is 18th & Wabash Corp's EIN?
- 18th & Wabash Corp's Employer Identification Number (EIN) is 36-4062755.
- How much revenue does 18th & Wabash Corp report?
- 18th & Wabash Corp reported $940,849 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does 18th & Wabash Corp have?
- CharityIndex grades 18th & Wabash Corp F, based on financial health (reserves and operating margin).
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Data for 18th & Wabash Corp (EIN 36-4062755) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.