Totals
- Total revenue
- $674,128
- Total expenses
- $491,568
- Contributions and grants received
- $0
- Grants paid
- $45,000
- Program service revenue
- $622,651
- Investment income
- $11,669
- Other revenue
- $39,808
- Total assets, end of year
- $1,205,787
- Total liabilities, end of year
- $44,228
- Net assets or fund balances, end of year
- $1,161,559
- Program services expenses (Part IX)
- $0
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $330,196
Program services were 0.0% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$0
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$0
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: Annual Seminar
total $323,790 · related or exempt $323,790 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Annual CyberSecurity Conference
total $112,343 · related or exempt $112,343 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Education Session Revenue
total $16,215 · related or exempt $16,215 · unrelated business $0 · excluded $0
-
2d · Program service revenue: Annual Member Fee Allotment
total $20,303 · related or exempt $20,303 · unrelated business $0 · excluded $0
-
2e · Program service revenue: 2022 IIA International Conference
total $150,000 · related or exempt $150,000 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $11,669 · related or exempt $11,669 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $0 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $0 · other assets $0
-
7b · Less cost or other basis and sales expenses
securities $0 · other assets $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$0
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0 · unrelated business $0 · excluded $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11a · Other revenue: Annual Golf Outing
total $38,506 · related or exempt $38,506 · unrelated business $0 · excluded $0
-
11d · All other revenue
total $1,302 · related or exempt $1,302 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$39,808
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $35,000
-
2 · Grants to domestic individuals
total $10,000
-
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 $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $4,595
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $20,637
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $285
-
14 · Information technology
total $8,840
-
15 · Royalties
total $0
-
16 · Occupancy
total $2,195
-
17 · Travel
total $13,590
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $340,485
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $0
-
24a · Other expenses: Annual Golf Outing
total $37,082
-
24b · Other expenses: Chapter Operations
total $18,859
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $611,996 · end of year $577,417
-
2 · Savings and temporary cash investments
beginning of year $400,000 · end of year $600,000
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $26,370
-
5 · Loans and receivables from officers and key people
beginning of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $61,957 · end of year $2,000
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $94,954 · end of year $38,703
-
18 · Grants payable
end of year $0
-
19 · Deferred revenue
end of year $5,525
-
20 · Tax-exempt bond liabilities
end of year $0
-
21 · Escrow or custodial account liability
end of year $0
-
22 · Loans and payables to officers and key people
end of year $0
-
23 · Secured mortgages and notes payable
end of year $0
-
24 · Unsecured notes and loans payable
end of year $0
-
29 · Capital stock, trust principal or current funds
beginning of year $707,291 · end of year $707,291
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $271,708 · end of year $454,268
Mission and programs · 2022
Mission
The IIA - Chicago Chapter is a professional organization dedicated to serving its members through activities such as professional training education, internal audit thought leadership, and the advancement of the internal audit profession.
Activities or mission (Part I)
The IIA Chicago Chapter is a professional organization dedicated to serving its members through activities such as professional training/education, internal audit thought leadership, and the advancement of the internal audit profession.
-
Annually, the IIA Chicago Chapter hosts its Annual Seminar which is a full day of professional education courses in the internal audit field. Members and non-members are required to pay a set registration fee for these courses, for which participants receive continuing professional education (CPE) credits, which are a requirement of many companies and certification organizations, such as the AICPA , the IIA and ISACA.
Expenses $195,618 · Revenue $323,790
-
On an annual basis the IIA Chicago hosts a two day cybersecurity conference for members and non-members. The goal of this event is to advance education of emerging cybersecurity and technology risks and provide continuing professional education (CPE) credit to our members.
Expenses $121,334 · Revenue $112,343
-
Throughout the year, the IIA Chicago hosts a number of educational sessions and networking events for its members. The goal of these seminars and events is to promote our profession and also give training and supplemental education to our members in the form of CPE Credits.
Expenses $13,244 · Revenue $16,215
-
In the summer of 2022, the Institute of Internal Auditors held their annual international conference in Chicago. The Chicago Chapter supported the efforts and marketing.
Revenue $150,000
As filed on the 2022 return.
Listed in Part VII
-
Nick Saracco
President
- Total calculated
- $0
- Hours/week
- 0
-
Puja Shah
SVP
- Total calculated
- $0
- Hours/week
- 0
-
Jill Sterling
VP, Education
- Total calculated
- $0
- Hours/week
- 0
-
Sabrina Seminetta
VP Operations
- Total calculated
- $0
- Hours/week
- 0
-
Natalie Covello
Treasurer
- Total calculated
- $0
- Hours/week
- 0
-
Pierre Galicia
Secretary
- Total calculated
- $0
- Hours/week
- 0
-
Chris Denver
Director
- Total calculated
- $0
- Hours/week
- 0
-
Yulia Gurman
Director
- Total calculated
- $0
- Hours/week
- 0
-
Eric Wunderlich
Director
- Total calculated
- $0
- Hours/week
- 0
-
Eileen Iles
Director
- Total calculated
- $0
- Hours/week
- 0
-
Jason Torres
Director
- Total calculated
- $0
- Hours/week
- 0
-
Tonya Baez
Director
- Total calculated
- $0
- Hours/week
- 0
-
Allison Cancio
Director
- Total calculated
- $0
- Hours/week
- 0
-
Corbin Del Carlo
Director
- Total calculated
- $0
- Hours/week
- 0
-
Nate Ruey
Director
- Total calculated
- $0
- Hours/week
- 0
-
Ken Clow
Director
- Total calculated
- $0
- Hours/week
- 0
-
Melissa Donner
Director
- Total calculated
- $0
- Hours/week
- 0
-
Mike Manrot
Director
- Total calculated
- $0
- Hours/week
- 0
-
Kyle O'Rouke
Director
- Total calculated
- $0
- Hours/week
- 0
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
- 2022
- Filed
- 13 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401069349300210
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