OAK PARK ECONOMIC DEVELOPMENT CORPORATION
104 N Oak Park Avenue 203, Oak Park, IL 60301 www.oakparkeconomicdevelopmentcorporation.org

Total Revenue
$573,453
Total Expenses
$546,578
Net Assets
$113,676

Organizations Filed Purposes: To attract and promote investment and development in Oak Park with the objectives of:-Expanding the property tax base-Increasing sales tax revenue-Creating jobs in the Village-Retaining jobs in the Village

Attraction and business development assistance for nine new businesses totaling approximately 31,500 square feet of leased space and $3,000,000 in private investment. Tenants open or expected in 2019 or early 2020 include:-Cajun Boil-Currito-Daly Bagel-Fairgrounds Coffee-Flourish-Mulata-Oak Park School of Music-Quantum Motors-Varsity ClubAssistance with promotion and identification of developers for key private development opportunities including:-6555 North Ave development by CMV Development-6545 North Ave development by CMV Development-6033 North Ave development by Noah Properties-855 Lake Street Rehab by the Inverbrass Funds-809 S Oak Park reuse by Varsity Club-130 Chicago Ave reuse by Pioneer Properties-1033 South Boulevard reuse by CrossFunction-845 Madison St redevelopment-Existing Town and Country Auto-835 Lake Street redevelopment-existing US Bank-915 Maple Ave redevelopment - Former Mohr Concrete facilityOngoing roll out of the Village-wide marketing/branding effort (completed in Fall 2018) in conjunction with the Village's partner agencies and local stakeholders.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
John LynchExecutive Dir.40$227,828
Viktor M SchraderEcon Dev Dir40$98,536
Allison MarolaOffice Mgr40$46,700
Cameron GearenMarketing Mgr40$18,548
Frank PellegriniVice Chairman1$0
Mary LudginTreasurer1$0
Thomas GallagherChairman1$0
Jackie BarlowDirector1$0
Susan BuchananDir at Large1$0
Cory WesleyDirector1$0
Cara PavlicekDir at large1$0
Bill RogallaSecretary1$0
Anan Abu-TalebDir at large1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202043219349307744_public.xml