Gold Coast Neighbors Association
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE ASSOCIATION WAS ORGANIZED TO PROMOTE THE PRESERVATION AND IMPROVEMENT OF THE RESIDENTIAL INTEGRITY OF THE NEIGHBORHOOD AREA, PROVIDE ASSISTANCE WITH EDUCATION ABOUT AND PRESERVATION OF PROPERTY, REAL OR PERSONAL, WHICH HAS ARCHITECTURAL, HISTORICAL, OR ENVIRONMENTAL IMPORTANCE IN THE ASSOCIATION'S AREA, AND SUPPORT CULTURAL AND EDUCATIONAL OFFICES, COMMUNITY CENTERS, AND OTHERS THAT HAVE THE SAME BASIC VIEWS AS THE ASSOCIATION. THE ASSOCIATION'S AREA IS COMPOSED OF THE CHICAGO, IL NEIGHBORHOOD BETWEEN AND INCLUDING NORTH AVENUE AND BELLEVUE PLACE, AND NORTH LAKE SHORE DRIVE AND CLARK STREET.
- Income
- $156,372
- Spending
- $135,720
- Spent on programs
- 61%
- Reserves
- 21.6 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 50
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 83 out of 100. Higher than 64% of charities in its peer group (arts and culture, under $250k).
Reserves
35 of 35Spendable reserves would cover 21.6 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 13% of income.
Income trend
5 of 15Income fell 22% on the year before.
Spending floor
8 of 1561% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 81 out of 100. Higher than 73% of charities in its peer group (arts and culture, under $250k).
Independent board
25 of 2528 of 28 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (3)
- $64,975 spent. SAFETY AND SECURITY - THE ASSOCIATION HIRES A PRIVATE SECURITY FIRM TO PATROL THE GOLD COAST NEIGHBORHOOD LATE AT NIGHT ON FRIDAYS AND SATURDAYS, AS WELL AS ALL DAY ON SATURDAYS, SUNDAYS, AND HOLIDAYS. THE SAFETY PATROL'S MISSION IS TO: EXHIBIT THEIR PRESENCE AS A DETERRENT TO POTENTIAL OFFENDERS, WATCH FOR DISTURBANCES OR SUSPICIOUS ACTIVITY, NOTIFY AND ASSIST THE POLICE OF ANY SUSPECT ACTIVITY IN PROGRESS, IDENTIFY ANY PROPERTY DAMAGE, INTERVENE IF CITIZENS ARE PHYSICALLY THREATENED OR IN DANGER, OBSERVE ADHERENCE TO COMMUNITY SAFETY AGREEMENTS BY BUSINESS OWNERS, AND REPORT INCIDENTS AND SAFETY RECOMMENDATIONS TO THE ASSOCIATION'S BOARD.
- $4,406 spent. BEAUTIFICATION OF PUBLIC SPACE - ENHANCE THE BEAUTY AND PROTECT THE HERITAGE OF THE CHICAGO, IL NEIGHBORHOOD BETWEEN AND INCLUDING NORTH AVENUE AND BELLEVUE PLACE, AND NORTH LAKE SHORE DRIVE AND CLARK STREET, FOR THE BENEFIT OF THE NEIGHBORS, THE CITY OF CHICAGO AT LARGE, AND FOR ALL THOSE WHO VISIT THE AREA'S LAKEFRONT AND PARKWAYS.
- $13,606 spent. OTHER - PROVIDE OUTREACH TO AREA RESIDENTS AND BUSINESSES; PROVIDE AREA RESIDENTS AND BUSINESSES WITH A NEWSLETTER PUBLISHED THREE TIMES A YEAR, AND HOST AN ANNUAL MEETING FEATURING A FORUM WITH LOCAL ELECTED OFFICIALS.
Source: Form 990 for the year ending September 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending September 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1999.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.