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Nonprofiteer
← CHICAGO ASSOCIATION FOR RESEARCH AND EDUCATION IN SCIENCE

Form 990 for tax year 2023

Filed by CHICAGO ASSOCIATION FOR RESEARCH AND EDUCATION IN SCIENCE.

Totals

Total revenue
$6,451,072
Total expenses
$6,087,899
Contributions and grants received
$3,811,221
Grants paid
$0
Program service revenue
$2,301,642
Investment income
$338,209
Other revenue
$0
Total assets, end of year
$9,671,525
Total liabilities, end of year
$1,186,332
Net assets or fund balances, end of year
$8,485,193
Program services expenses (Part IX)
$5,140,189
Management and general expenses
$947,710
Fundraising expenses
$0
Program service expenses (Part III)
$5,140,189

Program services were 84.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $3,811,221

  • 2a · Program service revenue: Research Education

    total $2,301,642 · related or exempt $2,301,642

  • 3 · Investment income

    total $338,209 · related or exempt $338,209

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $187,975 · management and general $187,975

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $3,201,819 · program services $2,695,098 · management and general $506,721

  • 8 · Pension plan contributions

    total $83,510 · program services $65,194 · management and general $18,316

  • 9 · Other employee benefits

    total $209,013 · program services $167,051 · management and general $41,962

  • 10 · Payroll taxes

    total $258,344 · program services $207,760 · management and general $50,584

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $10,920 · management and general $10,920

  • 11c · Fees: accounting

    total $28,450 · management and general $28,450

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $104,589 · program services $74,976 · management and general $29,613

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $266,345 · program services $228,236 · management and general $38,109

  • 14 · Information technology

    total $28,358 · program services $20,000 · management and general $8,358

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $0

  • 17 · Travel

    total $68,988 · program services $67,233 · management and general $1,755

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $30,678 · program services $25,812 · management and general $4,866

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $33,935 · program services $33,935

  • 23 · Insurance

    total $20,081 · management and general $20,081

  • 24a · Other expenses: Interagency agreements Subcontracts

    total $1,554,894 · program services $1,554,894

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $131,386 · end of year $74,726

  • 2 · Savings and temporary cash investments

    beginning of year $8,966,072 · end of year $8,371,473

  • 4 · Accounts receivable

    beginning of year $1,458,110 · end of year $1,116,564

  • 9 · Prepaid expenses and deferred charges

    beginning of year $17,446 · end of year $39,802

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

    $1,172,462

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

    $1,103,502

  • 10c · Land, buildings and equipment, net

    beginning of year $102,894 · end of year $68,960

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,133,481 · end of year $963,326

  • 25 · Other liabilities

    beginning of year $1,420,407 · end of year $223,006

  • 27 · Net assets without donor restrictions

    beginning of year $6,697,585 · end of year $7,012,640

  • 28 · Net assets with donor restrictions

    beginning of year $1,424,435 · end of year $1,472,553

Mission and programs · 2023

Mission

To enhance the health care of Americas veterans by supporting the research and education of physicians, nurses, researchers, and others at the Edward Hines, Jr. VA Hospital, Captain James A. Lovell Federal Health Care Center, William S. Middleton Memorial Veterans Hospital, and Jesse Brown VA Medical Center.

Activities or mission (Part I)

Enhancing the health care of Americas veterans by supporting research and education.

  • See Schedule O

    Expenses $546,009 · Revenue $190,501

  • See Schedule O

    Expenses $1,445,691

  • See Schedule O

    Expenses $360,160 · Revenue $119,983

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Lauren Rich

    CEO/Secretary

    Total calculated
    $187,500
    From this org
    $178,056
    From related orgs
    $0
    Other
    $9,444
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $187,500
    Bonus
    $4,000
    Other
    not reported
    Deferred
    $9,444
    Nontaxable benefits
    not reported
    Filer's total
    $200,944

  • Terry Lee Smith

    Staff

    Total calculated
    $147,302
    From this org
    $140,532
    From related orgs
    $0
    Other
    $6,770
    Hours/week
    40

  • Nina Huang

    Staff

    Total calculated
    $138,182
    From this org
    $130,905
    From related orgs
    $0
    Other
    $7,277
    Hours/week
    40

  • Bharat Thakkar

    Staff

    Total calculated
    $125,643
    From this org
    $114,335
    From related orgs
    $0
    Other
    $11,308
    Hours/week
    40

  • Madalina Toma

    Staff

    Total calculated
    $116,141
    From this org
    $92,045
    From related orgs
    $0
    Other
    $24,096
    Hours/week
    40

  • Michael Richardson MD

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Nasia Safdar MD PhD

    Treasurer

    Total calculated
    $0
    Hours/week
    1

  • Ryan Marsh MD

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • William Wolf PhD

    President

    Total calculated
    $0
    Hours/week
    1

  • Bharathi Swaminathan MD

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Robert Buckley MD MPH FACEP

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jeffrey Oken MD

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Shubhada Ahya MD MS

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • James Doelling

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Israel Rubinstein MD

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Sarah Unterman MD FACEP

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Staci Williams

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • William Cotter MD

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Robert Holland MD

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Christina Girgis MD

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Jihan Walker

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Steve Maddox

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Christine Kleckner

    Board Member

    Total calculated
    $0
    Hours/week
    1

  • Ronald Kaplan

    Board Member

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202521359349302692

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