WORLD BUSINESS CHICAGO: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WORLD BUSINESS CHICAGO (EIN 36-4313685)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202233199349327463
- Schema version
- 2021v4.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T17:16:18-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 390859910 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAKER TILLY US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 205 N MICHIGAN AVE 2800 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606015927 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364313685 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORLD BUSINESS CHICAGO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WORL | BusinessNameControlTxt |
| Phone | 3125530500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 NORTH LASALLE STREET 2505 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL FASSNACHT | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 3125530500 | PhoneNum |
| Signature | 2022-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | FASSNACHT | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK HEROUX | PreparerPersonNm |
| PTIN | P00959793 | PTIN |
| Phone | 3127298000 | PhoneNum |
| Preparation | 2022-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | MICHAEL FASSNACHT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 NORTH LASALLE STREET SUITE 2505 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $10,175,960 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.WORLDBUSINESSCHICAGO.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | WORLD BUSINESS CHICAGO IS THE CITY OF CHICAGO'S PUBLIC-PRIVATE ECONOMIC DEVELOPMENT AGENCY. OUR MISSION IS TO DRIVE INCLUSIVE ECONOMIC GROWTH AND JOB CREATION, SUPPORT BUSINESS, AND PROMOTE CHICAGO AS A LEADING GLOBAL CITY. OUR VISION IS TO ENSURE THAT ALL CHICAGOANS PROSPER. WE DRIVE GROWTH THROUGH BUSINESS RECRUITMENT, EXPANSION, AND RETENTION ASSISTANCE AND CONNECTING BUSINESSES TO RESOURCES AND OPPORTUNITIES. WE CHAMPION CHICAGO AS A WORLD-CLASS CITY THROUGH BUILDING STRATEGIC INDUSTRY PARTNERSHIPS, CONVENING POLICY MAKERS AND LEADERS, AND ADVANCING OPPORTUNITIES FOR MULTICULTURAL ENGAGEMENT. WE UNITE LEADERS TO ADVANCE GROWTH IN CHICAGO'S NEIGHBORHOODS THROUGH TALENT DEVELOPMENT, PROCUREMENT, AND INVESTMENT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 98 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 98 | VotingMembersIndependentCnt |
| Total Employee | 53 | TotalEmployeeCnt |
| Total Volunteers | 620 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,385,413 | PYContributionsGrantsAmt |
| CY Contributions Grants | $10,050,376 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$56,873 | PYInvestmentIncomeAmt |
| CY Investment Income | -$32,570 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$96,424 | PYOtherRevenueAmt |
| CY Other Revenue | -$75,725 | CYOtherRevenueAmt |
| PY Total Revenue | $6,232,116 | PYTotalRevenueAmt |
| CY Total Revenue | $9,942,081 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,015,548 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,306,063 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,105,796 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,159,448 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $562,257 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,193,521 | PYOtherExpensesAmt |
| CY Other Expenses | $3,468,033 | CYOtherExpensesAmt |
| PY Total Expenses | $7,314,865 | PYTotalExpensesAmt |
| CY Total Expenses | $8,933,544 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,082,749 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,008,537 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $8,111,466 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,302,792 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $239,859 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $455,492 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $7,871,607 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,847,300 | NetAssetsOrFundBalancesEOYAmt |
| Mission | WORLD BUSINESS CHICAGO IS THE CITY OF CHICAGO'S PUBLIC-PRIVATE ECONOMIC DEVELOPMENT AGENCY. OUR MISSION IS TO DRIVE INCLUSIVE ECONOMIC GROWTH AND JOB CREATION, SUPPORT BUSINESS, AND PROMOTE CHICAGO AS A LEADING GLOBAL CITY. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $7,121,543 | ExpenseAmt |
| Grant | $1,306,063 | GrantAmt |
| Desc | WORLD BUSINESS CHICAGO (WBC) DRIVES ECONOMIC GROWTH THROUGH THREE MAIN AREAS: BUSINESS ATTRACTION AND RETENTION, INCLUSIVE ECONOMIC GROWTH AND JOBS, INTERNATIONAL STRATEGIC INITIATIVES AND CULTURAL EXCHANGE THROUGH THE CHICAGO SISTER CITIES PROGRAM. | Desc |
| Total Program Service Expenses | $7,121,543 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 37 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 53 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 98 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 98 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL FASSNACHT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3125530500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 NORTH LASALLE STREET SUITE 2505 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (123 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| SUSAN ARTHUR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RITA ATHAS | |||||||
| EX-OFFICIO DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CURT R BAILEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC BAUMANN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PETER BOONE FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROZ BREWER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT BRONSTEIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG BROWN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN BUCK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN CABRERA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEBRA A CAFARO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARCO CAPURSO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREGORY C CASE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID R CASPER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM COLEMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SEAN CONNOLLY FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER CRANE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES S CROWN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EVERETT CUNNINGHAM FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PARAMITA DAS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KYLE DEGIULIO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARY DILLON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GLENN EDEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DONALD EDWARDS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE ERLINGER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR OPELLA ERNEST | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN R ETTELSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALEX GOURLAY FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANTONIO GRACIAS FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KELLY GRAVES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RAJ GUPTA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DEAN HARRISON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BRETT HART | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN HOLMES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK S HOPLAMAZIAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK A HOPPE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN O HUDSON III | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GREG HUGHES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LINDA IMONTI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAIME LM JONES | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE KERSTEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVE KIMBELL | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KIP KIRKPATRICK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES P KOLAR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DR JANET KONG FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN KOUDOUNIS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ERIC LEFKOFSKY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FABIANO LIMA | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TONY MAGGIORE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF MALEHORN | |||||||
| EX-OFFICIO DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF MARKOWITZ | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CRAIG MARTIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| CHARLES MATTHEWS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEFANI MILLER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY P MOHAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL H MOSKOW | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| OSCAR MUNOZ FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARTIN H NESBITT | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PIN NI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| IRINA NOVOSELSKY FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL J PALUMBO FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANGELO PANTELEO FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ALLYSON PARK FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LUKE PETHERBRIDGE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSE LUIS PRADO | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD S PRICE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID REIFMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PAUL C REILLY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL REINSDORF | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM REYNOLDS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LARRY RICHMAN FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBBERT RIETBROEK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN C ROBAK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DESIREE ROGERS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LIOR RON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KRISTEN ROSSI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAN RYAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL J SACKS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KAREN SAUDER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER SCANLON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHY SCHERER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF SHAPACK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JON SHULKIN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAVID SIMAS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TODD SIWAK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JIM SKOGSBERGH | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MAURICE SMITH FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JUD SNYDER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MATT SNYDER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| VIK SOHONI | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARC F SPERBER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES SPRAYREGEN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JENNIFER STEANS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK SULLIVAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| SCOTT C SWANSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK TEBBE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DONALD THOMPSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| EDWARD TILLY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GLENN F TILTON FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JUDY TOLAND | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GLEN TULLMAN | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES TURNER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| GRANT C UHLIR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| TIMOTHY WALBERT FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN R WEISS | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MELISSA WERNECK | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DON WILSON | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE WOOLLEY | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JASON WORTENDYKE | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JAMES ZALLIE FORMER | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NIKKI M ZOLLAR | |||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANDREA ZOPP | |||||||
| EX-OFFICIO DIRECTOR | 1.00 | Yes (X) | $37,385 | $0 | $0 | ||
| LORI E LIGHTFOOT | |||||||
| CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| MELLODY HOBSON | |||||||
| VICE CHAIR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| MICHAEL MORKIN | |||||||
| SECRETARY | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| PETER THOMPSON | |||||||
| TREASURER | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| DAVE DOHNALEK | |||||||
| DIRECTOR | 1.00 | $0 | $0 | $0 | Yes (X) | ||
| MICHAEL FASSNACHT | |||||||
| PRESIDENT & CEO | 50.00 | $420,988 | $0 | $27,543 | Yes (X) | ||
| OGECHI HARRY | |||||||
| EXECUTIVE VICE PRESIDENT OF STRATEGY, LEGAL, AND O | 40.00 | $186,076 | $0 | $17,493 | Yes (X) | ||
| CARRIE SIMMONS | |||||||
| VICE PRESIDENT OF OPERATIONS AND HR | 40.00 | $142,654 | $0 | $28,615 | Yes (X) | ||
| LISA DZIEKAN | |||||||
| SENIOR VICE PRESIDENT OF BUSINESS DEVELOPMENT & FD | 40.00 | $131,101 | $0 | $32,300 | Yes (X) | ||
| ADRIENNE TONGATE | |||||||
| EVP, GLOBAL STRATEGIC INITIATIVES | 40.00 | $130,660 | $0 | $11,153 | Yes (X) | ||
| ABIN KURIAKOSE | |||||||
| EVP, INNOVATION & VENTURE STRATEGY | 40.00 | $129,662 | $0 | $18,769 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,178,526 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $135,873 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MADMAXMAR GROUP | |||||
| 16525 W 159TH STREET SUITE 177 | LOCKPORT | IL | 60441 | MARKETING, DESIGN & MATERIALS | $276,658 |
| HUBBARD GALBRAITH LLC | |||||
| 211 EAST OHIO STREET | CHICAGO | IL | 60611 | ACCOUNTING & FINANCE | $182,000 |
| SKILL SCOUT | |||||
| 3419 GROVE AVE | BERWIN | IL | 60402 | VIDEO PRODUCTION | $151,790 |
| KOYA LEADERSHIP PARTNERS | |||||
| PO BOX 279 | NEWBURYPORT | MA | 01950 | EXECUTIVE RECRUITMENT | $124,998 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $1,007,618 | FundraisingAmt |
| Government Grants | $5,038,380 | GovernmentGrantsAmt |
| All Other Contributions | $4,004,378 | AllOtherContributionsAmt |
| Total Contributions | $10,050,376 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,272 | TotalRevenueColumnAmt |
| Exclusion | $4,272 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $36,842 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$36,842 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$36,842 | TotalRevenueColumnAmt |
| Exclusion | -$36,842 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $66,900 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $1,007,618 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $197,037 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$130,137 | TotalRevenueColumnAmt |
| Exclusion | -$130,137 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| OTHER INCOME | 561499 | $41,059 | $41,059 |
| CHICAGO SISTER CITIES INTERNATION | 561499 | $13,353 | $13,353 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $54,412 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,942,081 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $54,412 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$162,707 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,306,063 | TotalAmt |
| Program Services | $1,306,063 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $485,916 | TotalAmt |
| Program Services | $242,958 | ProgramServicesAmt |
| Management And General | $121,479 | ManagementAndGeneralAmt |
| Fundraising | $121,479 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,984,949 | TotalAmt |
| Program Services | $2,374,421 | ProgramServicesAmt |
| Management And General | $463,424 | ManagementAndGeneralAmt |
| Fundraising | $147,104 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,901 | TotalAmt |
| Program Services | $52,564 | ProgramServicesAmt |
| Management And General | $9,711 | ManagementAndGeneralAmt |
| Fundraising | $3,626 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,126 | TotalAmt |
| Program Services | $285,930 | ProgramServicesAmt |
| Management And General | $58,142 | ManagementAndGeneralAmt |
| Fundraising | $13,054 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $265,556 | TotalAmt |
| Program Services | $208,055 | ProgramServicesAmt |
| Management And General | $41,870 | ManagementAndGeneralAmt |
| Fundraising | $15,631 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,081 | TotalAmt |
| Management And General | $1,081 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $168,000 | TotalAmt |
| Program Services | $58,800 | ProgramServicesAmt |
| Management And General | $92,400 | ManagementAndGeneralAmt |
| Fundraising | $16,800 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $660,797 | TotalAmt |
| Program Services | $477,851 | ProgramServicesAmt |
| Management And General | $151,552 | ManagementAndGeneralAmt |
| Fundraising | $31,394 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,021,167 | TotalAmt |
| Program Services | $937,313 | ProgramServicesAmt |
| Management And General | $59,576 | ManagementAndGeneralAmt |
| Fundraising | $24,278 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $103,263 | TotalAmt |
| Program Services | $28,772 | ProgramServicesAmt |
| Management And General | $72,300 | ManagementAndGeneralAmt |
| Fundraising | $2,191 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $558,671 | TotalAmt |
| Program Services | $461,100 | ProgramServicesAmt |
| Management And General | $78,214 | ManagementAndGeneralAmt |
| Fundraising | $19,357 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $53,550 | TotalAmt |
| Program Services | $31,263 | ProgramServicesAmt |
| Management And General | $15,895 | ManagementAndGeneralAmt |
| Fundraising | $6,392 | FundraisingAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $600 | TotalAmt |
| Program Services | $600 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $520,552 | TotalAmt |
| Program Services | $376,318 | ProgramServicesAmt |
| Management And General | $1,500 | ManagementAndGeneralAmt |
| Fundraising | $142,734 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,456 | TotalAmt |
| Program Services | $22,661 | ProgramServicesAmt |
| Management And General | $3,844 | ManagementAndGeneralAmt |
| Fundraising | $951 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,577 | TotalAmt |
| Program Services | $64,028 | ProgramServicesAmt |
| Management And General | $10,861 | ManagementAndGeneralAmt |
| Fundraising | $2,688 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| LICENSES, FEES, DUES AN | $226,115 | $162,898 | $53,184 | $10,033 |
| PROFESSIONAL DEVELOPMEN | $34,434 | $15,178 | $14,711 | $4,545 |
| CHICAGO SISTER CITIES C | $14,770 | $14,770 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,933,544 | TotalAmt |
| Program Services | $7,121,543 | ProgramServicesAmt |
| Management And General | $1,249,744 | ManagementAndGeneralAmt |
| Fundraising | $562,257 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,254,743 | BOYAmt |
| EOY | $3,570,541 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $522,903 | BOYAmt |
| EOY | $525,518 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $90,000 | BOYAmt |
| EOY | $4,602,896 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,648 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $103,260 | BOYAmt |
| EOY | $333,974 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $270,368 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $181,412 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $64,298 | BOYAmt |
| EOY | $88,956 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $74,614 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $180,907 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,111,466 | BOYAmt |
| EOY | $9,302,792 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,944 | BOYAmt |
| EOY | $455,492 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,915 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $239,859 | BOYAmt |
| EOY | $455,492 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,950,611 | BOYAmt |
| EOY | $8,508,653 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $920,996 | BOYAmt |
| EOY | $338,647 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,871,607 | BOYAmt |
| EOY | $8,847,300 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,111,466 | BOYAmt |
| EOY | $9,302,792 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $1,008,537 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$32,844 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,631,225 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,344,211 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,817,307 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,385,413 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,050,376 | CurrentTaxYearAmt |
| Total | $43,228,532 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,631,225 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $9,344,211 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,817,307 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,385,413 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $10,050,376 | CurrentTaxYearAmt |
| Total | $43,228,532 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $43,228,532 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,923 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $30,867 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $80,103 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $42,758 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $4,272 | CurrentTaxYearAmt |
| Total | $162,923 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $43,391,455 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $383,154 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.99620 | PublicSupportCY170Pct |
| Public Support PY170 | 0.99650 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $270,368 | OtherCostOrOtherBasisAmt |
| Depreciation | $181,412 | DepreciationAmt |
| Book Value | $88,956 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $88,956 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $10,214,956 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $272,875 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $272,875 | RevenueNotReportedAmt |
| Revenue Subtotal | $9,942,081 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $9,942,081 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $9,239,263 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $305,719 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $305,719 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,933,544 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,933,544 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | WBC HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT WBC WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2021 AND 2020. FEDERAL AND STATE TAX AND/OR INFORMATION RETURNS OF WBC ARE SUBJECT TO EXAMINATIONS BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THE RETURNS WERE FILED. | ExplanationTxt |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GALA | Event1Nm |
| Gross Receipts Event1 | $1,074,518 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $1,007,618 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $66,900 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $142,518 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $5,110 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $49,409 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,074,518 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $1,007,618 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $66,900 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $142,518 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $5,110 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $49,409 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $197,037 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$130,137 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (15 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| CHICAGO LOOP ALLIANCE FOUNDATION | ||||||||
| 55 W MONROE ST 2660 | CHICAGO | IL | 60603 | 161765590 | 501(C)(3) | $150,000 | $0 | ECONIOMIC RECOVERY PROGRAMMING |
| THE MAGNIFICANT MILE ASSOCIATION | ||||||||
| 625 NORTH MICHIGAN AVE SUITE 401 | CHICAGO | IL | 60611 | 362119989 | 501(C)(6) | $506,178 | $0 | ECONIOMIC RECOVERY PROGRAMMING |
| COALITION FOR BETTER CHINESE | ||||||||
| 2301 S ARCHER AVE SUITE 1 | CHICAGO | IL | 60616 | 814209494 | 501(C)(3) | $48,000 | $0 | ECONIOMIC RECOVERY PROGRAMMING |
| CHICAGO COOK WORKFORCE PARTNERSHIP | ||||||||
| 69 W WASHINGTON ST SUITE 2860 | CHICAGO | IL | 60602 | 364122225 | 501(C)(3) | $151,790 | $0 | WORKFORCE PROGRAMMING |
| CHICAGO PARK DISTRICT - WASHINGTON PARK | ||||||||
| 5531 S KING DR | CHICAGO | IL | 60634 | 626005822 | GOV | $0 | $12,730 | MATERIALS |
| BACK OF THE YARDS NEIGHBORHOOD COUNCIL | ||||||||
| 1823 W 47TH STREET 2ND FLOOR | CHICAGO | IL | 60609 | 362079600 | 501(C)(3) | $30,000 | $0 | ECONIOMIC RECOVERY PROGRAMMING |
| CARA | ||||||||
| 237 S DESPLAINES | CHICAGO | IL | 60651 | 364268095 | 501(C)(3) | $30,000 | $0 | WORKFORCE PROGRAMMING |
| CHICAGO CITYWIDE LITERACY COALITION | ||||||||
| 641 W LAKE STREET SUITE 200 | CHICAGO | IL | 60661 | 352205675 | 501(C)(3) | $50,000 | $0 | WORKFORCE PROGRAMMING |
| GREATER CHICAGO FOOD DEPOSITORY | ||||||||
| 4100 W ANN LURIE PLACE | CHICAGO | IL | 60632 | 362971864 | 501(C)(3) | $50,000 | $0 | WORKFORCE PROGRAMMING |
| ONE CHICAGO FUND | ||||||||
| 4044 N LINCOLN AVE 261 | CHICAGO | IL | 60618 | 454661737 | 501(C)(3) | $50,000 | $0 | ARTS & THEATER RECOVERY |
| PUERTO RICAN CULTURAL CENTER | ||||||||
| 2546 W DIVISION ST | CHICAGO | IL | 60622 | 237347778 | 501(C)(3) | $15,000 | $0 | ECONIOMIC RECOVERY PROGRAMMING |
| SKILLS FOR CHICAGOLAND'S FUTURE | ||||||||
| 191 N WACKER DRIVE SUITE 1150 | CHICAGO | IL | 60606 | 451287418 | 501(C)(3) | $100,000 | $0 | WORKFORCE PROGRAMMING |
| THE CHICAGO COMMUNITY FOUNDATION | ||||||||
| 225 N MICHIGAN AVE SUITE 2200 | CHICAGO | IL | 60601 | 363432023 | 501(C)(3) | $50,000 | $0 | WORKFORCE PROGRAMMING |
| WESTSIDE HEALTH AUTHORITY | ||||||||
| 5053 W CHICAGO AVE | CHICAGO | IL | 60651 | 363789879 | 501(C)(3) | $7,365 | $0 | ECONIOMIC RECOVERY |
| LASALLE STREET REVITALIZATION | ||||||||
| 150 N RIVERSIDE PLAZA STE 1800 | CHICAGO | IL | 60606 | 872902716 | 501(C)(3) | $25,000 | $0 | ECONIOMIC RECOVERY PROGRAMMING |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 19 | Total501c3OrgCnt |
| Total Other Org | 2 | TotalOtherOrgCnt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MICHAEL FASSNACHT | ||||||||||||||
| PRESIDENT & CEO | $370,988 | $0 | $50,000 | $0 | $0 | $0 | $9,322 | $0 | $18,221 | $0 | $448,531 | $0 | $0 | $0 |
| OGECHI HARRY | ||||||||||||||
| EXECUTIVE VICE PRESIDENT OF STRATEGY | $186,076 | $0 | $0 | $0 | $0 | $0 | $6,637 | $0 | $10,856 | $0 | $203,569 | $0 | $0 | $0 |
| CARRIE SIMMONS | ||||||||||||||
| VICE PRESIDENT OF OPERATIONS AND HR | $137,654 | $0 | $5,000 | $0 | $0 | $0 | $4,965 | $0 | $23,650 | $0 | $171,269 | $0 | $0 | $0 |
| LISA DZIEKAN | ||||||||||||||
| SENIOR VICE PRESIDENT OF BUSINESS DE | $126,101 | $0 | $5,000 | $0 | $0 | $0 | $4,629 | $0 | $27,671 | $0 | $163,401 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE RETURN IS PREPARED BY EXTERNAL AND INTERNAL ACCOUNTANTS, REVIEWED BY THE PRESIDENT, TREASURER, AND OTHER INTERNAL MANAGEMENT, AND CIRCULATED TO THE BOARD OF DIRECTORS BEFORE FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE EMPLOYEE CONFLICT POLICY IS OUTLINED IN THE ORGANIZATION'S EMPLOYEE HANDBOOK, WHICH ARE PROVIDED TO ALL EMPLOYEES WHEN THEY START. IF ANY EMPLOYEE BECOMES AWARE OF ANY POTENTIAL CONFLICTS THEY WOULD NOTIFY THE DIRECTOR OF HUMAN RESOURCES. THE DIRECTOR OF BOARD RELATIONS CIRCULATES CONFLICT STATEMENTS TO DIRECTORS WHEN THEY JOIN THE BOARD. THE COMPLETED STATEMENTS ARE REVIEWED BY THE DIRECTOR OF BOARD RELATIONS. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE DIRECTOR OF HUMAN RESOURCES REVIEWS THE COMPENSATION GRADES AND AMOUNTS ON A REGULAR BASIS AND AS NECESSARY, GATHERS EXTERNAL REPORTS TO PROVIDE MARKET INFORMATION. THE PRESIDENT MONITORS ANNUALLY. THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES ANY CHANGES TO THE PRESIDENT'S COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | WORLD BUSINESS CHICAGO (WBC) ADOPTED A TRANSPARENCY POLICY WHICH STATES THAT ANNUALLY, WBC WILL MAKE A COPY OF ITS AUDITED GAAP FINANCIAL STATEMENTS AVAILABLE. WBC DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC BEYOND THE INFORMATION DISCLOSED ON WWW.GUIDESTAR.ORG. THE WBC WEBSITE PROVIDES ACCESS TO WBC'S ETHICS POLICIES (TRANSPARENCY/DISCLOSURE POLICY, CONFLICT OF INTEREST POLICY, POLICY ON ADVOCACY). WBC ALSO PUBLISHES AN ANNUAL REPORT ON ITS WEBSITE WHICH CONTAINS FINANCIAL INFORMATION. |
| FORM 990, PART VI, SECTION B, LINE 13 & 14 - POLICIES: | DOCUMENT RETENTION AND DESTRUCTION POLICY. IN 2015, THE ORGANIZATION IMPLEMENTED A WRITTEN WHISTLEBLOWER POLICY AND A DOCUMENT RETENTION AND DESTRUCTION POLICY. |
| FORM 990, PART XI, LINE 9: | VARIANCE IN -32,844. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR. |