Independence House L L C
Donations deductibleRevenue
$490k
year to 31 December 2025
Expenses
$726k
year to 31 December 2025
Total assets
$3.3m
$5.4m liabilities
Net assets
Minus $2.2m
assets less liabilities
Directors and trustees
1
8.4 years on average
Staff
0
employees, year to 31 December 2025
Chair observed
≥6 yrs
Clarence L Smith
Left since last filing
0
no seats appear to have opened
Independence House L L C's network
1 personExplore in 3DiThe large node is Independence House L L C. The map shows the people and organisations in the public record, two steps out at most. Hover a node to focus its connections; click one to open it.The board
1 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 4 voting members of its governing body on its latest Form 990 Part VI; we list 1 in Part VII (Part VII does not always name every voting member).| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Clarence L Smith Chair | Chairman | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
3 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Calvin Holmes | Company secretary | since 2018 |
| Catherine Galligan | Treasurer/CFO | since 2018 |
| Perry Vietti | President & CEO | since 2018 |
Pay and hours
year to 31 December 2025iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Clarence L Smith | Chairman | 1 | $0 | ||
| Perry Vietti | President & CEO | 1 | $0 | ||
| Calvin Holmes | Secretary | 1 | $0 | ||
| Catherine Galligan | Treasurer/CFO | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Independence House L L C
- EIN
- 320056642
- Address
- 411 S Wells St Ste 401, Chicago, IL, 60607-0037
- State
- Illinois
- Mission
- The organization owns and operates a residential facility primarily for low-income adults (and their dependent children) who are in recovery from the disability of chronic substance abuse. (as filed on the Form 990)
- Activity (NTEE)
- L20 Housing and shelter
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Housing & Shelter
- Size band
- 6 (IRS master file code)
- Formed
- 2003
- Principal officer
- Perry Vietti (as named on the Form 990)
- IRS ruling date
- 1 May 2006
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsClarence L Smith
Latest return
year to 31 December 2025iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2025. US dollars, as filed.- Total assets
- $3.3m
- Total liabilities
- $5.4m
- Net assets or fund balances
- Minus $2.2m
- Contributions and grants received
- $0
- Program service revenue
- $487k
- Employees
- 0
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $490k | $671k | Deficit $181k |
As filed on the IRS Form 990. US dollars.