Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $8,000,069

• 3 · Investment income

  total $92,291 · excluded $92,291

• 7a · Gross sales of assets other than inventory

  securities $6,307

• 7b · Less cost or other basis and sales expenses

  securities $8,199

• 7c · Gain or loss

  securities -$1,892

• 7d · Net gain or loss

  total -$1,892 · excluded -$1,892

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $1,802 · related or exempt $1,802

• 11e · Other revenue, total

  $1,802

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $704,675 · program services $704,675

• 5 · Compensation of officers, directors and key employees

  total $309,601 · program services $266,257 · management and general $15,480 · fundraising $27,864

• 7 · Other salaries and wages

  total $2,213,414 · program services $1,900,614 · management and general $44,387 · fundraising $268,413

• 8 · Pension plan contributions

  total $54,811 · program services $46,053 · management and general $559 · fundraising $8,199

• 9 · Other employee benefits

  total $175,353 · program services $152,051 · management and general $1,339 · fundraising $21,963

• 10 · Payroll taxes

  total $170,896 · program services $146,936 · management and general $3,251 · fundraising $20,709

• 11a · Fees: management

  total $1,081,025 · program services $836,825 · management and general $244,200

• 11b · Fees: legal

  total $32,044 · management and general $32,044

• 11c · Fees: accounting

  total $19,954 · management and general $19,954

• 11e · Fees: professional fundraising services

  total $420,000 · fundraising $420,000

• 11g · Fees: other

  total $1,469,976 · program services $1,070,448 · management and general $169,276 · fundraising $230,252

• 12 · Advertising and promotion

  total $12,713 · program services $11,513 · management and general $1,200

• 13 · Office expenses

  total $190,949 · program services $44,985 · management and general $30,980 · fundraising $114,984

• 14 · Information technology

  total $105,646 · program services $34,757 · management and general $27,921 · fundraising $42,968

• 16 · Occupancy

  total $303,163 · program services $243,896 · management and general $34,961 · fundraising $24,306

• 17 · Travel

  total $83,633 · program services $28,835 · management and general $28,100 · fundraising $26,698

• 19 · Conferences, conventions and meetings

  total $6,486 · management and general $5,475 · fundraising $1,011

• 20 · Interest

  total $77 · management and general $77

• 23 · Insurance

  total $25,238 · management and general $25,238

• 24a · Other expenses: SUBSCRIPTIONS

  total $41,727 · program services $28,862 · management and general $12,865

• 24b · Other expenses: OUTREACH AND POLLING

  total $41,621 · program services $41,621

• 24c · Other expenses: TRAINING

  total $12,900 · program services $3,200 · management and general $9,700

• 24d · Other expenses: PRODUCTION

  total $2,901 · program services $2,016 · management and general $885

• 24e · All other expenses

  total $2,482 · program services $1,685 · management and general $240 · fundraising $557

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $260,011 · end of year $928,647

• 2 · Savings and temporary cash investments

  beginning of year $123,091 · end of year $245,921

• 3 · Pledges and grants receivable

  beginning of year $317,983 · end of year $363,686

• 9 · Prepaid expenses and deferred charges

  beginning of year $10,877 · end of year $25,119

• 10a · Land, buildings and equipment: cost or other basis

  $116,214

• 10b · Land, buildings and equipment: accumulated depreciation

  $116,214

• 10c · Land, buildings and equipment, net

  beginning of year $0 · end of year $0

• 15 · Other assets

  beginning of year $1,926,157 · end of year $1,585,537

• 17 · Accounts payable and accrued expenses

  beginning of year $111,480 · end of year $427,428

• 25 · Other liabilities

  beginning of year $1,124,291 · end of year $708,149

• 27 · Net assets without donor restrictions

  beginning of year $999,438 · end of year $1,393,896

• 28 · Net assets with donor restrictions

  beginning of year $402,910 · end of year $619,437

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION PAYS FOR THE PRESIDENT/CEO CHICAGO CLUB DUES.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• IRON LIGHT INC

  C · DIGITAL MARKETING AND CREATIVE SERVICES · IL · controlled entity

• BEARING TREE INC

  C · PAYROLL PROCESSING AND BENEFITS ADMINISTRATION · IL · controlled entity