Newsroom

John Kasperek, Jr. Receives Cornerstone Award from South Suburban College Foundation

JK AwardCALUMET CITY, IL – John Kasperek, Jr was honored by the South Suburban College Foundation (SSCF) with their Cornerstone Award at the recent Scholarship Gala - Hollywood Awards: A Black & White Affair, at Odyssey Country Club. Kasperek is the Managing Partner of John Kasperek Co., Inc. (JKC), a local Certified Public Accounting (CPA) firm with offices in Calumet City and Mokena, Illinois.

"It is an honor and privilege to present the Cornerstone Award to a remarkable individual whose contributions to the SSC Foundation have been truly invaluable," said Susan Cox, SSCF President, Old National Bank. "John's dedication, leadership, and unwavering commitment to our mission have been instrumental in advancing the Foundation's goals and initiatives."

The Cornerstone Award represents the SSCF's highest honor for leadership and philanthropy.

"I want to thank my fellow Foundation Board members," said Kasperek. "This came as a surprise to me and I am honored to receive the award. It is not easy going out and raising money but we have been very successful working together. I would also like to say ‘thank you’ to everyone here tonight - we appreciate your continued support."

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In addition to his 20-year plus role as SSCF Treasurer, Kasperek has served as past President of the Calumet City Lions Club, Finance Committee Chairman for St. Victor Parish, past President of the Calumet City Cavaliers, among other his volunteer service roles.

John Kasperek Co., Inc. was founded in 1989 to serve the financial needs of the Chicago Southland and Northwest Indiana area, providing customized services to local units of government, nonprofit organizations, corporations and individuals at an affordable rate. Kasperek said he and his firm are committed to the continued success of their clients and the community in which they serve. For more information about JKC, visit kasperekcpa.com or email This email address is being protected from spambots. You need JavaScript enabled to view it..

The SSCF was originally established in 1973 and Kasperek has served as its Treasurer since 2000. As a public charity described in IRC Sections 509(a)(2), donations are entirely tax-deductible (EIN: 237191738). Today, the SSCF is led by a robust, engaging board of directors with a mission to support the educational purposes and objectives of the College by providing assistance in the promotion of SSC services and facilities, with a primary focus on student scholarships. The SSCF works cooperatively with individuals and organizations in developing a customized giving plan to meet the needs and desires of the donors. Visit ssc.edu/sscf for more information.

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Connect and Protect: Law Enforcement Behavioral Health Response Program

downloadThe Law Enforcement Behavioral Health Response Program provides funding to support law enforcement-behavioral health cross-system collaboration to improve public health and safety responses and outcomes for individuals with mental health disorders and co-occurring mental health and substance use disorders.

Eligible applicants include:

• City or township governments
• State governments
• County governments
• Public or state-controlled institutions of higher education
• Organizations with a different legal status (e.g., nonprofit, or for-profit mental health agencies) are eligible to apply only if they also have been designated as a state agency or unit of local government to provide mental health services

The award amount is up to $550,000 and the performance period would commence on 10/1/2022 for a duration of 36 months. This solicitation requires a 20% cash and/or in-kind match in years one and two, and a 40% cash and/or in-kind match in year three. Federal funds
awarded under this solicitation may not cover more than 80% of the funded project’s total costs in years 1 and 2, and 60% of the funded project’s total costs in year three.

The application and deadline is a two-step process:

  1. Complete a grants.gov application by Friday, May 27, 2022
  2. Complete the full application justgrants.gov by Wednesday, June 1, 2022

 Contact Elizabeth Scott, JKC Grant Research Specialist, for more information or with any questions at (708) 862-2262 or This email address is being protected from spambots. You need JavaScript enabled to view it.

Upcoming CDBG and HOME Programs

CDBG LogoWill County is accepting grant applications for their Community Development Block Grant (CDBG) and HOME Consortium funds. Applications are reviewed and ranked based on the criteria in the applications and the ability to meet the goals identified in the 2022-2024 Consolidated Plan. All CDBG project applications must meet a national objective of benefiting low/moderate income residents.

Examples of CDBG funds for local units of government may be used for the following:
• Acquisition of real property
• Relocation and demolition
• Rehabilitation of residential and non-residential structures
• Construction of public facilities and improvements, such as water and sewer facilities, streets, neighborhood centers, and the conversion of school buildings for eligible purposes
• Public Services, within certain limits
• Activities relating to energy conservation and renewable energy resources
• Provision of assistance to profit-motivated businesses to carry out economic development and job creation/retention activities

The following types of activities are ineligible:
• Acquisition, construction, or reconstruction of buildings for the general conduct of government
• Political activities
• Certain income payments

*CDBG HOME projects within the Village limits are now eligible for funding. Funds may be used for acquisition, rehab and construction of affordable housing and require a 25% match.
*Emergency Solutions grant to address homelessness and housing needs, as well as at risk homeless outreach may be acceptable projects. 

CDBG Public Service funds are limited, and projects will be ranked and awarded based upon a competitive application process. The deadline is April 18, 2022 at 4:30 p.m. Contact Elizabeth Scott, JKC Grant Research Specialist, for more information or with any questions at (708) 862-2262 or This email address is being protected from spambots. You need JavaScript enabled to view it.

JKC to Provide 'Invest in Cook' and CDBG Grants Assistance

connecting to cook county 16x9Calumet City/Mokena, IL - John Kasperek Co., Inc. (JKC) is available to assist clients with the open application period for the Department of Transportation and Highways (DoTH) Invest in Cook grant program. Invest in Cook grants are designed to assist local governments and agency partners with furthering their transportation projects by covering a portion of the cost of planning and feasibility studies, engineering, right-of-way acquisition and construction associated with transportation infrastructure improvements. This includes bridge improvements, freight projects, bicycle and pedestrian facility projects, traffic flow improvement projects, and improving transit accessibility.

Aside from local governments, eligible applicants include regional transportation authorities, transit agencies, natural resource or public land agencies as well as any other local or regional governmental entity with responsibility for transportation or recreational trails within Cook County. Private for-profit or nonprofit organizations can submit project proposals as a lead applicant, but they are required to partner with a public sponsor that meets the above criteria. Lead applicants are limited to one single project application.

Another grant JKC is assisting the Chicago Southland community with is the Community Development Block Grant Program (CDBG). This grant program supports critical community development needs in income-eligible areas of suburban Cook. Some allowable projects include:

  • Infrastructure - Improvements including but not limited to construction or installation of streets, curbs, and water/sewer lines.
  • Public Facilities - Improvements including but not limited to recreational facilities, parks, playgrounds, and facilities for persons with special needs. Examples of eligible costs include energy efficiency improvements, and disabled accessibility improvements.
  • Demolition - Activities limited to demolition of vacant buildings including necessary removal of demolition debris.

Applicants are limited to one single project application. Funding request cap for Capital Improvement projects is $400,000. Non-profit agencies applying for capital improvement projects are capped at $200,000. 

The deadline for both grants is Wednesday, March 16th, 2022, at 5:00 p.m. Contact Elizabeth Scott, JKC Grant Research Specialist, for more information or with any questions at (708) 862-2262 or This email address is being protected from spambots. You need JavaScript enabled to view it.

  • Our Clients

    Our Clients

    Our client list at John Kasperek Co., Inc. features a wide range of significant audit work including local governments, townships, school districts, municipal pension funds, not-for-profit organizations and common interest real estate associations. In addition, we also serve a variety of small business S-Corporations, Partnerships and individuals.

    We are happy to provide contact information for referrals upon request. Here is a sample of our client list.

  • Our Staff

    Our Staff

    Our team at John Kasperek Co., Inc., Certified Public Accountants is dedicated to providing quality, personalized financial guidance to local government, not-for-profit organizations, businesses, corporations and individuals.

    Managing Partner John Kasperek, Jr. has developed our team of professionals with an excellent working knowledge of the accounting principles and current standards to provide the highest level of excellence to our clients. Well known throughout Chicagoland area for his diverse expertise in all aspects of accounting, John has built a thriving company that serves the critical needs of the south suburban and northwest Indiana region.

    Please feel free to reach out to John or the rest of our team at John Kasperek Co., Inc. any time for answers to your questions. Email This email address is being protected from spambots. You need JavaScript enabled to view it. or call (708) 862-2262.

  • Our News

    Our News

    In order to better serve our clients, partners, friends and colleagues, John Kasperek Co., Inc. will issue a new monthly digital newsletter with relevant financial and accounting information, changes to auditing standards and procedures, news and announcements from our firm. Please email This email address is being protected from spambots. You need JavaScript enabled to view it. if you would like to be added to our digital newsletter distribution list.

    Additionally, we recently created an informative, consumer-focused accounting blog titled Your Friends that Count that is posted online at www.kasperekcpa.com/friends and is distributed through Facebook and LinkedIn.

    We will post press releases, announcements and stories from our firm to our Newsroom page.
  • Our Offices

    Our Offices

    John Kasperek Co., Inc.’s Corporate Office in Mokena is conveniently accessible from I-80 and Lagrange Road. JKC’s Calumet City Office is located near Torrence Avenue, I-80 and I-94. Our primary service area reaches throughout the Chicago Southland and Northwest Indiana region.

    We travel to our clients to provide services when and where they are needed.

    9980 190th Street, Unit A
    Mokena, IL 60448
    1471 Ring Road
    Calumet City, IL 60409
    (708) 862-2262
    This email address is being protected from spambots. You need JavaScript enabled to view it.