EIN 36-2788088

Oak Park Economic Development Corporation

IRS 501(c) type
501(c)(4)
Num. employees
3
Year formed
1974
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Oak Park Economic Development Corporation attracts and promotes investment and development in Oak Park to expand the property tax base, increase sales tax revenue, create jobs in the Village, and retain jobs in the Village. It has leased over 37,000 square feet of space and secured $3,400,000 in private investment. Tenants opening or expected to open in 2021/early 2022 include Taco Mucho, Blackout Baking Co., EINNIM, Brewpoint Craft, Oak Ave Barber, Whirlwind Coffee Co., Mosaic Behavioral Health and Spar.
Total revenues
$313,255
2023
Total expenses
$313,255
2023
Total assets
$295,442
2023
Num. employees
3
2023

Program areas at Oak Park Economic Development Corporation

The organization's efforts during 2023 resulted in increased sales tax revenue, opening of new businesses, job creation and job retention.

Personnel at Oak Park Economic Development Corporation

NameTitleCompensation
Eric MazelisExecutive Director / Economic Development Manager$44,434
John LynchExecutive Director$148,314
Allison MooreOffice Manager
Aaron JosephChair , Board$0
David KennedySecretary / Director at Large$0
...and 6 more key personnel

Financials for Oak Park Economic Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$312,693
Program services$0
Investment income and dividends$14
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$548
Total revenues$313,255

Form 990s for Oak Park Economic Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-15990View PDF
2021-122022-11-11990View PDF
2020-122021-11-15990View PDF
2019-122021-06-25990View PDF
...and 10 more Form 990s

Organizations like Oak Park Economic Development Corporation

OrganizationLocationRevenue
Kenai Peninsula Economic Development District (KPEDD)Kenai, AK$568,337
The Fund for Northern Tier DevelopmentWellsboro, PA$208,065
Rowan Economic Development CouncilSalisbury, NC$1,182,628
Mccook Economic Development CorporationMccook, NE$1,409,592
Region Iii-A Development and Regional Planning CommissionKendallville, IN$296,584
Klamath Economic Development AssociationKlamath Falls, OR$788,865
Ashtabula County 503 CorporationJefferson, OH$265,054
Tulare County Economic Development CorporationVisalia, CA$419,517
Blackford County Economic Development CorporationHartford City, IN$195,092
Fostoria Economic Development Corporation (FEDC)Fostoria, OH$443,302
Data update history
January 8, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 5, 2025
Updated personnel
Identified 2 new personnel
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Used new vendors
Identified 1 new vendor, including
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizations
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government funding
General information
Address
104 N Oak Park Ave 203
Oak Park, IL 60301
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Phone
(708) 383-3838
IRS details
EIN
36-2788088
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1974
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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