Form 990 for tax year 2024
Filed by CHICAGO POLICE MEMORIAL FOUNDATION.
Totals
- Total revenue
- $6,154,393
- Total expenses
- $3,273,873
- Contributions and grants received
- $3,633,894
- Grants paid
- $1,481,370
- Program service revenue
- $0
- Investment income
- $957,954
- Other revenue
- $1,562,545
- Total assets, end of year
- $24,718,884
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $24,718,884
- Program services expenses (Part IX)
- $2,308,431
- Management and general expenses
- $193,096
- Fundraising expenses
- $772,346
- Program service expenses (Part III)
- $2,308,431
Program services were 70.5% 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)
$711,473
-
1f · All other contributions, gifts and grants
$2,922,421
-
3 · Investment income
total $551,922 · excluded $551,922
-
7a · Gross sales of assets other than inventory
securities $5,389,093
-
7b · Less cost or other basis and sales expenses
securities $4,983,061
-
7c · Gain or loss
securities $406,032
-
7d · Net gain or loss
total $406,032 · related or exempt $406,032
-
8a · Fundraising events: gross income
$2,019,636
-
8b · Fundraising events: direct expenses
$527,588
-
8c · Net income from fundraising events
total $1,492,048
-
10a · Gross sales of inventory
$282,832
-
10b · Cost of goods sold
$212,335
-
10c · Net income from sales of inventory
total $70,497 · related or exempt $70,497
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $1,481,370 · program services $1,481,370
-
7 · Other salaries and wages
total $727,558 · program services $180,712 · management and general $124,367 · fundraising $422,479
-
8 · Pension plan contributions
total $17,641 · program services $4,382 · management and general $3,015 · fundraising $10,244
-
10 · Payroll taxes
total $65,765 · program services $16,335 · management and general $11,242 · fundraising $38,188
-
11c · Fees: accounting
total $16,990 · management and general $16,990
-
12 · Advertising and promotion
total $164,909 · program services $155,957 · management and general $2,035 · fundraising $6,917
-
13 · Office expenses
total $119,409 · program services $29,659 · management and general $20,411 · fundraising $69,339
-
22 · Depreciation, depletion and amortization
total $126,780 · program services $126,780
-
23 · Insurance
total $31,849 · program services $7,911 · management and general $5,444 · fundraising $18,494
-
24a · Other expenses: FUNDRAISING
total $174,101 · fundraising $174,101
-
24b · Other expenses: SUICIDE PREVENTION
total $132,357 · program services $132,357
-
24c · Other expenses: GOLD STAR FAM FAMILIES EX
total $99,557 · program services $99,557
-
24d · Other expenses: MEMORIAL PARK MAINTENANCE
total $59,473 · program services $59,473
-
24e · All other expenses
total $56,114 · program services $13,938 · management and general $9,592 · fundraising $32,584
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $1
-
2 · Savings and temporary cash investments
beginning of year $2,580,445 · end of year $5,284,181
-
10a · Land, buildings and equipment: cost or other basis
$4,497,253
-
10b · Land, buildings and equipment: accumulated depreciation
$1,595,941
-
10c · Land, buildings and equipment, net
beginning of year $2,761,433 · end of year $2,901,312
-
11 · Investments: publicly traded securities
beginning of year $15,716,459 · end of year $16,310,384
-
15 · Other assets
beginning of year $39,913 · end of year $223,006
-
25 · Other liabilities
beginning of year $12,141
-
27 · Net assets without donor restrictions
beginning of year $21,086,109 · end of year $24,718,884
Mission and programs · 2024
Mission
THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO HONORING THE LIVES OF OUR FALLEN HEROES. THE FOUNDATION PROVIDES SUPPORT AND ASSISTANCE TO THE FAMILIES OF CHICAGO POLICE OFFICERS WHO WERE KILLED OR CATASTROPHICALLY INJURED IN THE LINE OF DUTY.
-
PROVIDED ASSISTANCE TO OFFICERS AND THEIR FAMILIES INJURED OR SLAIN IN THE LINE OF DUTY.
Expenses $1,964,632 · Grants $1,481,370
-
MAINTENANCE ON THE GOLD STAR MEMORIAL PARK.
Expenses $343,799
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Philip ClinePHILIP CLINE
EXECUTIVE DI
- Total calculated
- $221,749
- From this org
- $216,100
- From related orgs
- $0
- Other
- $5,649
- Hours/week
- 1
Schedule J breakdown matched by us
- Base
- $216,100
- Bonus
- not reported
- Other
- not reported
- Deferred
- $5,649
- Nontaxable benefits
- not reported
- Filer's total
- $221,749
-
Maureen BigganeMAUREEN BIGGANE
DIRECTOR OF
- Total calculated
- $141,453
- From this org
- $137,750
- From related orgs
- $0
- Other
- $3,703
- Hours/week
- 40
-
Tim CaballeroTIM CABALLERO
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Brendan DeenihanBRENDAN DEENIHAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Kevin DurkinKEVIN DURKIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Robert FoersterlingROBERT FOERSTERLING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John LauschJOHN LAUSCH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anthony MarinoANTHONY MARINO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
Joseph PattersonJOSEPH PATTERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Nicholas RotiNICHOLAS ROTI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 5
-
James SaralloJAMES SARALLO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Leo SchmitzLEO SCHMITZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Paul SladePAUL SLADE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael T SweigMICHAEL T SWEIG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sandra WorthamSANDRA WORTHAM
PRESIDENT
- Total calculated
- $0
- Hours/week
- 15
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
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 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
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202523149349304182
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