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Nonprofiteer
← CHICAGO BLEND GROUP

Form 990 for tax year 2024

Filed by CHICAGO BLEND GROUP.

Totals

Total revenue
$292,708
Total expenses
$314,960
Contributions and grants received
$290,510
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$2,198
Total assets, end of year
$129,551
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$129,551
Program services expenses (Part IX)
$170,930
Management and general expenses
$88,610
Fundraising expenses
$55,420
Program service expenses (Part III)
$170,930

Program services were 54.3% 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.

  • 1f · All other contributions, gifts and grants

    $290,510

  • 11a · Other revenue: OTHER INCOME

    total $2,198 · related or exempt $2,198

  • 11e · Other revenue, total

    $2,198

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $129,168 · program services $49,852 · management and general $48,173 · fundraising $31,143

  • 7 · Other salaries and wages

    total $59,859 · program services $23,103 · management and general $22,324 · fundraising $14,432

  • 9 · Other employee benefits

    total $15,484 · program services $5,976 · management and general $5,775 · fundraising $3,733

  • 10 · Payroll taxes

    total $15,658 · program services $6,043 · management and general $5,840 · fundraising $3,775

  • 11c · Fees: accounting

    total $1,464 · management and general $1,464

  • 11g · Fees: other

    total $5,575 · program services $3,494 · management and general $1,531 · fundraising $550

  • 13 · Office expenses

    total $1,023 · program services $723 · fundraising $300

  • 14 · Information technology

    total $5,948 · program services $2,974 · management and general $1,487 · fundraising $1,487

  • 17 · Travel

    total $879 · program services $879

  • 23 · Insurance

    total $2,016 · management and general $2,016

  • 24a · Other expenses: PROGRAM STIPENDS

    total $39,480 · program services $39,480

  • 24b · Other expenses: EVENT FOOD AND BEVERAGE

    total $38,406 · program services $38,406

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $151,986 · end of year $129,551

  • 17 · Accounts payable and accrued expenses

    beginning of year $183 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $151,803 · end of year $87,051

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $42,500

Mission and programs · 2024

Mission

CREATING A MORE INCLUSIVE VENTURE CAPITAL AND ENTREPRENEURIAL ECOSYSTEM.

  • THE CHICAGO:BLEND VENTURE FELLOWSHIP IS A FOUR-MONTH, PEER LEARNING COHORT PROGRAM THAT PREPARES HIGH-POTENTIAL, ASPIRING VENTURE CAPITALISTS FOR CAREERS IN VC, CULMINATING IN BLEND:TALKS, WHERE GRADUATING FELLOWS PROVIDE INSIGHTS ABOUT EMERGING TECHNOLOGIES AND VENTURE CAPITAL TRENDS TO A LIVE AUDIENCE OF INVESTORS.

    Expenses $119,651

  • DATA: CHICAGO:BLEND PRODUCES DATA REPORTS ON CHICAGO-BASED VENTURE CAPITAL FIRMS WHICH SHOWS DIVERSITY METRICS BY GENDER, RACE, AND ETHNICITY.

    Expenses $34,186

  • COMMUNITY EVENTS: EVENTS HIGHLIGHT GRADUATES OF CHICAGO:BLENDS FELLOWSHIP PROGRAM AND ALLOWS THEM TO SHARE THOUGHT-PROVOKING INSIGHTS ON THE LATEST TRENDS IMPACTING VENTURE CAPITAL.

    Expenses $17,093

As filed on the 2024 return.

Listed in Part VII

  • LINDSAY KNIGHT

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • GALE WILKINSON

    VICE PRESIDENT & TREASURER

    Total calculated
    $0
    Hours/week
    2
  • JACKIE DIMONTE

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • DEVON LEICHTMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • SAMIR MIRZA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • ELLE RAMEL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JASON MERCER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JONATHAN ELLIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • TESSA FLIPPIN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • JOSEPH MAK

    CEO

    Total calculated
    $137,081
    From this org
    $129,168
    From related orgs
    $0
    Other
    $7,913
    Hours/week
    40

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
1 November 2025
IRS schema version
2024v5.2
Source object
202543089349301774

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