Form 990 for tax year 2024
Filed by CHICAGO ASSOCIATION FOR RESEARCH AND EDUCATION IN SCIENCE.
Totals
- Total revenue
- $6,852,172
- Total expenses
- $6,574,219
- Contributions and grants received
- $4,289,355
- Grants paid
- $0
- Program service revenue
- $2,241,656
- Investment income
- $321,161
- Other revenue
- $0
- Total assets, end of year
- $10,268,964
- Total liabilities, end of year
- $1,505,818
- Net assets or fund balances, end of year
- $8,763,146
- Program services expenses (Part IX)
- $5,480,622
- Management and general expenses
- $1,093,597
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $5,480,622
Program services were 83.4% 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)
$4,289,355
-
2a · Program service revenue: Research Education
total $2,241,656 · related or exempt $2,241,656
-
3 · Investment income
total $321,161 · related or exempt $321,161
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 $200,153 · management and general $200,153
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $2,681,407 · program services $2,015,510 · management and general $665,897
-
8 · Pension plan contributions
total $91,072 · program services $70,405 · management and general $20,667
-
9 · Other employee benefits
total $207,731 · program services $181,186 · management and general $26,545
-
10 · Payroll taxes
total $222,343 · program services $171,947 · management and general $50,396
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $5,422 · management and general $5,422
-
11c · Fees: accounting
total $29,308 · management and general $29,308
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $66,302 · program services $43,503 · management and general $22,799
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $264,678 · program services $226,613 · management and general $38,065
-
14 · Information technology
total $41,722 · program services $33,000 · management and general $8,722
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $60,521 · program services $57,229 · management and general $3,292
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $16,813 · program services $15,034 · management and general $1,779
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $21,607 · program services $21,607
-
23 · Insurance
total $20,552 · management and general $20,552
-
24a · Other expenses: Interagency agreements Subcontracts
total $2,644,588 · program services $2,644,588
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $74,726 · end of year $42,055
-
2 · Savings and temporary cash investments
beginning of year $8,371,473 · end of year $8,477,943
-
4 · Accounts receivable
beginning of year $1,116,564 · end of year $1,667,345
-
9 · Prepaid expenses and deferred charges
beginning of year $39,802 · end of year $34,268
-
10a · Land, buildings and equipment: cost or other basis
$1,172,462
-
10b · Land, buildings and equipment: accumulated depreciation
$1,125,109
-
10c · Land, buildings and equipment, net
beginning of year $68,960 · end of year $47,353
-
17 · Accounts payable and accrued expenses
beginning of year $963,326 · end of year $1,190,949
-
25 · Other liabilities
beginning of year $223,006 · end of year $314,869
-
27 · Net assets without donor restrictions
beginning of year $7,012,640 · end of year $7,453,033
-
28 · Net assets with donor restrictions
beginning of year $1,472,553 · end of year $1,310,113
Mission and programs · 2024
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 $587,235 · Revenue $103,821
-
See Schedule O
Expenses $1,364,371
-
See Schedule O
Expenses $212,250 · Revenue $19,820
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lauren Rich
CEO/Secretary
- Total calculated
- $182,981
- From this org
- $182,981
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- not reported
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- not reported
-
Bharat Thakkar
Staff
- Total calculated
- $128,237
- From this org
- $128,237
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Terry Lee Smith
Staff
- Total calculated
- $126,104
- From this org
- $126,104
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Madalina Toma
Staff
- Total calculated
- $109,816
- From this org
- $109,816
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Michael J Klein
Staff
- Total calculated
- $106,875
- From this org
- $106,875
- From related orgs
- $0
- Other
- $0
- 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
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
- 2024
- Filed
- 28 April 2026
- IRS schema version
- 2024v5.2
- Source object
- 202601189349301775
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