Form 990 for tax year 2024
Filed by BLACK UNITED FUND OF ILLINOIS INC.
Totals
- Total revenue
- $2,478,004
- Total expenses
- $2,189,808
- Contributions and grants received
- $2,449,538
- Grants paid
- $0
- Program service revenue
- $28,462
- Investment income
- $0
- Other revenue
- $4
- Total assets, end of year
- $1,266,156
- Total liabilities, end of year
- $268,263
- Net assets or fund balances, end of year
- $997,893
- Program services expenses (Part IX)
- $2,081,320
- Management and general expenses
- $108,488
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,081,320
Program services were 95.0% 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)
$2,395,617
-
1f · All other contributions, gifts and grants
$53,921
-
2a · Program service revenue: Fiscal Management Fees
total $28,462 · related or exempt $28,462
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $71,551
-
6b · Less rental expenses
real property $71,551
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Net Fundraising Event
-
11b · Other revenue: Other Income
total $4 · related or exempt $4
-
11e · Other revenue, total
$4
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 $95,469 · program services $95,469
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $1,339,825 · program services $1,316,750 · management and general $23,075
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $44,523 · program services $43,026 · management and general $1,497
-
10 · Payroll taxes
total $202,809 · program services $198,620 · management and general $4,189
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $218,824 · program services $185,601 · management and general $33,223
-
12 · Advertising and promotion
total $6,745 · program services $3,710 · management and general $3,035
-
13 · Office expenses
total $12,813 · program services $9,610 · management and general $3,203
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $7,976 · program services $6,185 · management and general $1,791
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $5,581 · program services $5,581
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $38,631 · program services $35,659 · management and general $2,972
-
23 · Insurance
total $38,524 · program services $34,672 · management and general $3,852
-
24a · Other expenses: REAL ESTATE TAXES
total $76,353 · program services $61,049 · management and general $15,304
-
24b · Other expenses: Repairs and Maintenance
total $32,840 · program services $25,287 · management and general $7,553
-
24c · Other expenses: Utilities
total $31,853 · program services $29,656 · management and general $2,197
-
24d · Other expenses: Direct Program Expenses
total $21,646 · program services $21,646
-
24e · All other expenses
total $15,396 · program services $8,799 · management and general $6,597
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $258,034 · end of year $276,764
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $87,453 · end of year $164,074
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $15,220 · end of year $20,225
-
10a · Land, buildings and equipment: cost or other basis
$1,759,163
-
10b · Land, buildings and equipment: accumulated depreciation
$954,070
-
10c · Land, buildings and equipment, net
beginning of year $864,523 · end of year $805,093
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $263,157 · end of year $174,888
-
21 · Escrow or custodial account liability
beginning of year $133,442 · end of year $23,774
-
23 · Secured mortgages and notes payable
beginning of year $96,188 · end of year $67,176
-
25 · Other liabilities
beginning of year $2,425 · end of year $2,425
-
27 · Net assets without donor restrictions
beginning of year $730,018 · end of year $997,893
Mission and programs · 2024
Mission
TO IMPROVE THE QUALITY OF LIFE THROUGH RELIANCE ON SELF-HELP AT THE LOCAL COMMUNITY LEVEL. THE BLACK UNITED FUND OF ILLINOIS PROVIDES FUNDING, TECHNICAL ASSISTANCE, AND SUPPORT SERVICES TO NONPROFIT AGENCIES AND PROGRAMS.
-
TO IMPROVE THE QUALITY OF LIFE THROUGH RELIANCE ON SELF-HELP AT THE LOCAL COMMUNITY LEVEL. THE BLACK UNITED FUND OF ILLINOIS PROVIDES FUNDING, TECHNICAL ASSISTANCE, AND SUPPORT SERVICES TO NONPROFIT AGENCIES AND PROGRAMS.
Expenses $2,081,320 · Revenue $2,478,004
As filed on the 2024 return.
Listed in Part VII
-
Carolyn Day
Executive Dir.
- Total calculated
- $95,469
- From this org
- $95,469
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Robert Starks PHD
Board Member
- Total calculated
- $0
- Hours/week
- 2
-
Diane Dinkins-Carr
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Charles Johnson
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Carl West
Chairman
- Total calculated
- $0
- Hours/week
- 10
-
Vincent Williams
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Spencer Leaks Jr
Director
- Total calculated
- $0
- Hours/week
- 0.5
-
Alvin Boutte
Treasurer
- Total calculated
- $0
- Hours/week
- 10
-
Lafayette Ford
Vice Chairman
- Total calculated
- $0
- Hours/week
- 0.5
-
Felicia Fortenberry-Dunmore
Secretary
- Total calculated
- $0
- Hours/week
- 10
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 30 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513169349305851
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