Ipers Galleria North Tower I Inc
501(c)(25)Membership
Only null% goes to programs Strong reserves Declining revenue
Ipers Galleria North Tower I Inc is a 501(c)(25) organization based in Chicago, Illinois, registered in 2015, with $8,429,903 in FY2023 revenue. CharityIndex grades it C.
222 South Riverside Plaza 34th Flr, Chicago, IL, 60606 EIN 46-5705951 Since 2015
Revenue (FY2023)
$8.4M
▼ 25.6% vs prior year
Membership median: $185K
Expenses (FY2023)
$10.1M
Net assets
$8.1M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—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 Ipers Galleria North Tower I Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating10 mo reserves · -20% 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 Ipers Galleria North Tower I Inc: 10 mo reserves · -20% margin earns a C+ 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 Ipers Galleria North Tower I Inc— 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 Ipers Galleria North Tower I Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 222 South Riverside Plaza 34th Flr, Chicago, IL, 60606
- City
- Chicago
- State
- Illinois
- Category
- Mutual & Membership Benefit
- Subcategory
- Pension & Retirement Funds
Financial trends
Revenue grew from $7.0M (FY2014) to $8.4M (FY2023) across 10 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $52.0MNet assets $8.1M
Operating margin
-20.0%
Spent more than it raised in the latest fiscal year.
Total assets
$60.1M
Total liabilities
$52.0M
Net assets
$8.1M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $8,429,903▼25.6% | $10,113,331▲8.0% | $8,085,392▼85.2% | $60,093,661▼42.2% | 990 |
| 2022 | $11,337,500▼10.7% | $9,360,092▲16.5% | $54,747,677▼38.6% | $104,017,488▼24.0% | 990 |
| 2021 | $12,697,770▲9.1% | $8,031,814▲5.5% | $89,105,547▲16.8% | $136,909,947▲11.1% | 990 |
| 2020 | $11,635,477▲6.7% | $7,612,753▼5.5% | $76,285,840▲0.9% | $123,223,417▲1.0% | 990 |
| 2019 | $10,901,957▲0.5% | $8,057,469▼4.3% | $75,575,584▲7.8% | $122,018,550▲3.7% | 990 |
| 2018 | $10,845,830▲7.5% | $8,416,417▲8.9% | $70,080,888▲6.2% | $117,609,349▲5.9% | 990 |
| 2017 | $10,092,180▲4.5% | $7,728,194▲1.6% | $65,988,997▲9.5% | $111,075,853▲5.3% | 990 |
| 2016 | $9,655,305▲14.6% | $7,606,530▼1.8% | $60,241,233▲4.8% | $105,492,323▲2.6% | 990 |
| 2015 | $8,427,364▲20.7% | $7,749,656▲6.2% | $57,500,516▲17.2% | $102,769,711▲9.7% | 990 |
| 2014 | $6,979,413 | $7,298,265 | $49,065,395 | $93,656,882 | 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 Ipers Galleria North Tower I Inc a legitimate nonprofit?
- Yes. Ipers Galleria North Tower I Inc is a 501(c)(25) organization registered with the U.S. Internal Revenue Service under EIN 46-5705951, based in Chicago, Illinois.
- What is Ipers Galleria North Tower I Inc's EIN?
- Ipers Galleria North Tower I Inc's Employer Identification Number (EIN) is 46-5705951.
- How much revenue does Ipers Galleria North Tower I Inc report?
- Ipers Galleria North Tower I Inc reported $8,429,903 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Ipers Galleria North Tower I Inc have?
- CharityIndex grades Ipers Galleria North Tower I Inc C, based on financial health (reserves and operating margin).
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Data for Ipers Galleria North Tower I Inc (EIN 46-5705951) 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.