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Nonprofiteer
← THE CHICAGO COMMUNITY TRUST

Form 990 for tax year 2024

Filed by THE CHICAGO COMMUNITY TRUST.

Totals

Total revenue
$2,143,553,763
Total expenses
$1,269,380,379
Contributions and grants received
$1,702,887,587
Grants paid
$1,225,337,518
Program services expenses (Part IX)
$1,240,839,601
Management and general expenses
$23,765,941
Fundraising expenses
$4,774,837
Program service expenses (Part III)
$1,240,839,601

Program services were 97.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Bryan Traubert

    Director & Chair

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Anne Ladky

    Director

    Total calculated
    $0
    Hours/week
    1
  • Brett Hart

    Director

    Total calculated
    $0
    Hours/week
    1
  • Connie Lindsey

    Director

    Total calculated
    $0
    Hours/week
    1
  • Ethan Meers

    Director

    Total calculated
    $0
    Hours/week
    1
  • Gretchen Crosby Sims

    Director

    Total calculated
    $0
    Hours/week
    1
  • Heather Steans

    Director

    Total calculated
    $0
    Hours/week
    1
  • James Reynolds

    Director

    Total calculated
    $0
    Hours/week
    1
  • Jesse Ruiz

    Director

    Total calculated
    $0
    Hours/week
    1
  • Lou Nieto

    Director

    Total calculated
    $0
    Hours/week
    1
  • Margaret Stineman

    Director

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Martin Cabrera Jr

    Director

    Total calculated
    $0
    Hours/week
    1
  • Omar Duque

    Director

    Total calculated
    $0
    Hours/week
    1
  • Renetta McCann

    Director

    Total calculated
    $0
    Hours/week
    1
  • Sandra Cordova Micek

    Director

    Total calculated
    $0
    Hours/week
    1
  • Steven Koch

    Director

    Total calculated
    $0
    Hours/week
    1
  • Terry Peterson

    Director

    Total calculated
    $0
    Hours/week
    1
  • Andrea Saenz

    President & CEO

    Total calculated
    $685,048
    From this org
    $623,862
    From related orgs
    $0
    Other
    $61,186
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $594,280
    Bonus
    $28,340
    Other
    $1,242
    Deferred
    $52,325
    Nontaxable benefits
    $8,861
    Filer's total
    $685,048
  • Jessica Strausbaugh

    Chief Financial Officer (until 3/25)

    Total calculated
    $383,487
    From this org
    $326,218
    From related orgs
    $0
    Other
    $57,269
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $325,768
    Bonus
    $0
    Other
    $450
    Deferred
    $26,882
    Nontaxable benefits
    $30,387
    Filer's total
    $383,487
  • Amy Pena

    Gen. Counsel & Secy. (until 6/25)

    Total calculated
    $277,931
    From this org
    $243,747
    From related orgs
    $0
    Other
    $34,184
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $243,057
    Bonus
    $0
    Other
    $690
    Deferred
    $20,909
    Nontaxable benefits
    $13,275
    Filer's total
    $277,931
  • Gretchen Wolf

    Gen. Counsel & Secy. (as of 9/25)

    Total calculated
    $0
    Hours/week
    38 + 2 related
  • Sylvia Garcia

    Chief Operating Officer

    Total calculated
    $351,122
    From this org
    $325,903
    From related orgs
    $0
    Other
    $25,219
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $325,603
    Bonus
    $0
    Other
    $300
    Deferred
    $2,860
    Nontaxable benefits
    $22,359
    Filer's total
    $351,122
  • Laura Kernaghan

    Sr. Director of Investments

    Total calculated
    $175,876
    From this org
    $162,260
    From related orgs
    $0
    Other
    $13,616
    Hours/week
    39 + 1 related

    Schedule J breakdown matched by us

    Base
    $161,960
    Bonus
    $0
    Other
    $300
    Deferred
    $13,616
    Nontaxable benefits
    $0
    Filer's total
    $175,876
  • Clothilde A Ewing

    VP Strategic Communications

    Total calculated
    $324,351
    From this org
    $269,293
    From related orgs
    $0
    Other
    $55,058
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $268,843
    Bonus
    $0
    Other
    $450
    Deferred
    $23,671
    Nontaxable benefits
    $31,387
    Filer's total
    $324,351
  • Lisa Jericho

    VP Innovation & Technology

    Total calculated
    $318,012
    From this org
    $263,265
    From related orgs
    $0
    Other
    $54,747
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $262,575
    Bonus
    $0
    Other
    $690
    Deferred
    $23,582
    Nontaxable benefits
    $31,165
    Filer's total
    $318,012
  • Wendell Williams

    Associate VP Talent & Admin

    Total calculated
    $255,526
    From this org
    $224,240
    From related orgs
    $0
    Other
    $31,286
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $223,790
    Bonus
    $0
    Other
    $450
    Deferred
    $19,213
    Nontaxable benefits
    $12,073
    Filer's total
    $255,526
  • Marisa Novara

    VP Community Impact

    Total calculated
    $290,450
    From this org
    $266,816
    From related orgs
    $0
    Other
    $23,634
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $266,126
    Bonus
    $0
    Other
    $690
    Deferred
    $2,887
    Nontaxable benefits
    $20,747
    Filer's total
    $290,450
  • Sheila Cawley

    Chief Philanthropy Officer

    Total calculated
    $338,956
    From this org
    $306,215
    From related orgs
    $0
    Other
    $32,741
    Hours/week
    38 + 2 related

    Schedule J breakdown matched by us

    Base
    $304,925
    Bonus
    $0
    Other
    $1,290
    Deferred
    $3,224
    Nontaxable benefits
    $29,517
    Filer's total
    $338,956

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 — 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

  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 3
The performance and compensation of the President and CEO is reviewed annually by the Board of Directors, based on recommendation from the Governance and Advocacy Committee. As part of the process, the committee conducts a performance review of the President and CEO with input from all board members. During that time, the committee reviews the compensation and merit increase of the President and CEO. The Governance and Advocacy Committee reports the results of the performance review and its recommendation to the full Board of Directors during an executive session at the last board meeting of the fiscal year. After review and discussion, the Board of Directors approves the compensation package for the President and CEO. In addition to the annual process, the Budget and Compensation Committee reviews executive compensation every three years, comparing compensation with relevant industry survey and peer compensation data as compiled by an independent compensation consultant and approving any adjustments to the compensation framework based upon that assessment.
Part I, Line 7
The President received a performance-based incentive bonus, which is included in Part II, column B (ii).

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

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202632239349302058

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