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Nonprofit · EIN 36-3461020

MIDWEST COMMUNITY REAL ESTATE CORPORATION

Tax-exempt · NEW LENOX, IL 60451

Financials

$2.2M$2.3M2022$2.5M$2.2M2023$1.8M$2.6M2024
Revenue Expenses · by fiscal year end
Financials of MIDWEST COMMUNITY REAL ESTATE CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,762,542$2,647,704-$885,162$38,868,390$51,629,668-$12,761,278
September 30, 2024990$2,491,364$2,195,224$296,140$39,475,707$50,530,451-$11,054,744
September 30, 2023990$2,178,632$2,337,785-$159,153$35,061,542$46,412,426-$11,350,884
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,801,487
Investment income
-$16,147
Net rental income
-$22,798
Net gain from sales of assets
-$16,147
Other revenue
-$22,798

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$945,171
Depreciation
$922,153
Program services (functional)
$2,614,801
Management and general (functional)
$32,903

Balance sheet and other

Total assets, start of year
$39,475,707
Total assets, end of year
$38,868,390
Total liabilities, end of year
$51,629,668
Net assets, end of year
-$12,761,278
Land, buildings and equipment
$28,135,263
Net assets without donor restrictions
-$12,761,278
Gross unrelated business income
-$22,798
Gross receipts
$2,273,187
Employees
0
Volunteers
0
Year formed
1985
State of legal domicile
IL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Vincent PryorSecretary
Trustee or director, Officer
1$0$1,134,889$62,057
Michael MuttererTreasurer
Trustee or director, Officer
1$0$981,821$57,326
Kay NovakPresident
Trustee or director, Officer
1$0$301,961$56,444
990 for the year ended September 30, 2024: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Ruth ColbyTreasurer (until 10/16/23)
Trustee or director, Officer
1$0$1,398,739$64,361
Vincent PryorSecretary
Trustee or director, Officer
1$0$988,016$60,950
Michael MuttererTreasurer
Trustee or director, Officer
1$0$600,516$58,776
Kay NovakPresident
Trustee or director, Officer
1$0$271,500$54,066
990 for the year ended September 30, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
VINCENT PRYORSECRETARY
Trustee or director, Officer
1$0$2,031,024$59,973
RUTH COLBYTREASURER
Trustee or director, Officer
1$0$1,536,825$66,485
KAY NOVAKPRESIDENT
Trustee or director, Officer
1$0$279,502$50,818

Address and contacts

Address (IRS master file)
1900 SILVER CROSS BLVD, NEW LENOX, IL 60451-9509
In care of
% VINCENT PRYOR CFO
Principal officer (990 for 2024)
Vincent Pryor, 1900 Silver Cross Blvd, New Lenox, IL 60451
Signed the 990
Vincent Pryor, EVP & CFO
Phone
(815) 300-7007
Return prepared by
RSM US LLP

Mission

Real Estate Management - Midwest Community Real Estate Corporation owns, manages and maintains real estate for affiliated charitable organizations.

990 for the year ended September 30, 2025

Program accomplishments

  • Management and maintenance of office buildings, housing, physician offices, and medical clinics in support of affiliated organizations in furtherance of the organization's charitable purposes.
    Expenses $2,614,801 · revenue $1,801,487

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
36-3461020
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1987
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$38,868,390
Income (IRS master file)
$2,273,187

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,762,542$2,647,704$38,868,390XML
990-TSeptember 2025–––IRS
990September 2024$2,491,364$2,195,224$39,475,707XML
990-TSeptember 2024–––IRS
990September 2023$2,178,632$2,337,785$35,061,542XML
990-TSeptember 2023–––IRS
990September 2022$1,541,719$2,292,250$34,527,561IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-3461020).

Questions about MIDWEST COMMUNITY REAL ESTATE CORPORATION

What is the EIN of MIDWEST COMMUNITY REAL ESTATE CORPORATION?
The employer identification number (EIN) of MIDWEST COMMUNITY REAL ESTATE CORPORATION is 36-3461020.
Is MIDWEST COMMUNITY REAL ESTATE CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to MIDWEST COMMUNITY REAL ESTATE CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does MIDWEST COMMUNITY REAL ESTATE CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of MIDWEST COMMUNITY REAL ESTATE CORPORATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MIDWEST COMMUNITY REAL ESTATE CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of MIDWEST COMMUNITY REAL ESTATE CORPORATION?
The 990 for the year ended September 30, 2025 names Vincent Pryor.
Who are the officers and directors of MIDWEST COMMUNITY REAL ESTATE CORPORATION?
The 990 for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does MIDWEST COMMUNITY REAL ESTATE CORPORATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,762,542, expenses of $2,647,704 and total assets of $38,868,390 at year end.

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