- Revenue 2024
- $107,429
- Expenses 2024
- $25,481
Program services were 100.0% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- P51
- Classification
- 1200
- Street
- 2111 WAUKEGAN RD
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Mission and programs · 2024
Primary exempt purpose
THE CORPORATION IS ORGANIZED UNDER THE GENERAL NOT-FOR-PROFIT CORPORATION ACT FOR PURPOSES OF PROVIDING FINANCIAL EDUCATION AND HOUSING COUNSELING TO UNDERSERVED POPULATIONS AND ANY OTHER CHARITABLE, EDUCATIONAL OR OTHER PURPOSE DESCRIBED IN SECTIONS 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE OF 1986, AS AMENDED ("CODE"). NOT WITHSTANDING ANY OTHER PROVISION OF THESE ARTICLES OF INCORPORATION, THE CORPORATION IS FORMED AND SHALL BE OPERATED EXCLUSIVELY FOR ONE OR MORE TAX-EXEMPT PURPOSES SPECIFIED IN SECTION 501(C)(3) OF THE CODE. OUR MISSION IS TO FINANCIALLY EMPOWER THE COMMUNITY THROUGH OUR DIRECT SERVICE PROGRAMS, VOLUNTEER ACTIVITIES, AND THROUGH COMMUNITY GIVEBACK.
-
FINANCIAL EDUCATION - OUR HUD APPROVED SERVICES WERE OFFERED TO 1,169 HOUSEHOLDS IN 2024.
Expenses $20,385 · Grants $11,418
-
WORKSHOPS - WE PROVIDED 44 FINANICAL WORKSHOPS TO THE GENERAL COMMUNITY AND 96 YOUTH FINANCIAL EDUCATION EVENTS.
Expenses $5,096
-
VOLUNTEER - 222 EMPLOYEES VOLUNTEERED 4,384 HOURS AT 156 ORGANIZATIONS AND 292 EVENTS IN 2024.
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
MATTHEW RIZZIE
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 40
-
PATRICK BASLER
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
TOM MONTICELLO
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
CATHY CORBI
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
DAVID GOLES
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. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $107,429
- Expenses
- $25,481
- Contributions
- $104,648
- Grants paid
- $11,418
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Form 990-N e-Postcard, tax year 2023
- Tax period
- 1 January 2023 to 31 December 2023
- Principal officer
- Cathy Corbi
- Mailing address
- 2111 Waukegan RoadBannockburn IL 60015
- Website
- glcu.org/foundation
As filed, from the IRS e-Postcard file of 26 October 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.
Grants made
No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.
Grants received
-
$36,068
2024 COMMITMENT TO BUILDING FINANCIAL WELL-BEING FOR MEMBERS, EMPLOYEES, AND COMMUNITIES.
-
$25,000
2023 General support for programs, operations and other charitable purposes
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared as related by
-
On its 2024 return as a controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 13 October 2026, under deductibility PC.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.