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WORLD BUSINESS CHICAGO: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
WORLD BUSINESS CHICAGO (EIN 36-4313685)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-12
IRS object ID
202113169349312616
Schema version
2020v4.1
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

FieldValueIRS element (for citing)
Return2021-11-12T17:09:01-06:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1205 N MICHIGAN AVE 2800AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP606015927ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364313685EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WORLD BUSINESS CHICAGOBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWORLBusinessNameControlTxt
Phone3125530500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1177 NORTH STATE STREET NO 500AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMICHAEL FASSNACHTPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone3125530500PhoneNum
Signature2021-11-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMICHAELPersonFirstNm
Person LastFASSNACHTPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK HEROUXPreparerPersonNm
PTINP00959793PTIN
Phone3127298000PhoneNum
Preparation2021-11-12PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerMICHAEL FASSNACHTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1177 N STATE ST STE 500AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$6,428,171GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.WORLDBUSINESSCHICAGO.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionWORLD 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 Body79VotingMembersGoverningBodyCnt
Voting Members Independent79VotingMembersIndependentCnt
Total Employee53TotalEmployeeCnt
Total Volunteers630TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,761,267PYContributionsGrantsAmt
CY Contributions Grants$6,385,413CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$80,103PYInvestmentIncomeAmt
CY Investment Income-$56,873CYInvestmentIncomeAmt
PY Other Revenue-$210,224PYOtherRevenueAmt
CY Other Revenue-$96,424CYOtherRevenueAmt
PY Total Revenue$6,631,146PYTotalRevenueAmt
CY Total Revenue$6,232,116CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,015,548CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,817,636PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,105,796CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$557,741CYTotalFundraisingExpenseAmt
PY Other Expenses$2,195,392PYOtherExpensesAmt
CY Other Expenses$2,193,521CYOtherExpensesAmt
PY Total Expenses$7,013,028PYTotalExpensesAmt
CY Total Expenses$7,314,865CYTotalExpensesAmt
PY Revenues Less Expenses-$381,882PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$1,082,749CYRevenuesLessExpensesAmt
Total Assets BOY$9,646,324TotalAssetsBOYAmt
Total Assets EOY$8,111,466TotalAssetsEOYAmt
Total Liabilities BOY$741,968TotalLiabilitiesBOYAmt
Total Liabilities EOY$239,859TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,904,356NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,871,607NetAssetsOrFundBalancesEOYAmt
MissionWORLD 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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,628,454ExpenseAmt
Grant$1,015,548GrantAmt
DescWORLD 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$5,628,454TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document18IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee53EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members79GoverningBodyVotingMembersCnt
Independent Voting Member79IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MICHAEL FASSNACHTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3125530500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1177 N STATE ST SUITE 500AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (107 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
LORI E LIGHTFOOT
CHAIR1.000.00Yes (X)Yes (X)$0$0$0
MELLODY HOBSON
VICE CHAIR1.000.00Yes (X)Yes (X)$0$0$0
JAMES KOLAR
TREASURER1.000.00Yes (X)Yes (X)$0$0$0
CARL A ALLEGRETTI FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
RITA ATHAS
DIRECTOR1.000.00Yes (X)$0$0$0
JOHN ATKINSON FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
MARC BAUMANN
DIRECTOR1.000.00Yes (X)$0$0$0
DAVE BIEGGER
DIRECTOR1.000.00Yes (X)$0$0$0
JIM BRADY FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
GREG BROWN
DIRECTOR1.000.00Yes (X)$0$0$0
JOHN BUCK
DIRECTOR1.000.00Yes (X)$0$0$0
MARTIN CABRERA
DIRECTOR1.000.00Yes (X)$0$0$0
DEBRA A CAFARO
DIRECTOR1.000.00Yes (X)$0$0$0
GREGORY C CASE
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID R CASPER
DIRECTOR1.000.00Yes (X)$0$0$0
JAMES B COLEMAN
DIRECTOR1.000.00Yes (X)$0$0$0
CHRISTOPHER CRANE
DIRECTOR1.000.00Yes (X)$0$0$0
JAMES S CROWN
DIRECTOR1.000.00Yes (X)$0$0$0
PARAMITA DAS
DIRECTOR1.000.00Yes (X)$0$0$0
WENDY DAVIDSON FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
MARY DILLON
DIRECTOR1.000.00Yes (X)$0$0$0
GLENN EDEN
DIRECTOR1.000.00Yes (X)$0$0$0
DONALD EDWARDS
DIRECTOR1.000.00Yes (X)$0$0$0
JOHN R ETTELSON
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL FASSNACHT
DIRECTOR1.000.00Yes (X)$0$0$0
STEPHEN FORT FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
NIEL GOLIGHTLY FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
ALEX GOURLAY
DIRECTOR1.000.00Yes (X)$0$0$0
ANTONIO GRACIAS
DIRECTOR1.000.00Yes (X)$0$0$0
KELLY GRAVES
DIRECTOR1.000.00Yes (X)$0$0$0
RAJ GUPTA
DIRECTOR1.000.00Yes (X)$0$0$0
DEAN HARRISON
DIRECTOR1.000.00Yes (X)$0$0$0
LORI HEALEY FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
JOHN HOLMES
DIRECTOR1.000.00Yes (X)$0$0$0
MARK S HOPLAMAZIAN
DIRECTOR1.000.00Yes (X)$0$0$0
MARK A HOPPE
DIRECTOR1.000.00Yes (X)$0$0$0
JOHN O HUDSON III
DIRECTOR1.000.00Yes (X)$0$0$0
LINDA IMONTI
DIRECTOR1.000.00Yes (X)$0$0$0
STEVE KERSTEN
DIRECTOR1.000.00Yes (X)$0$0$0
KIP KIRKPATRICK
DIRECTOR1.000.00Yes (X)$0$0$0
DR JANET KONG
DIRECTOR1.000.00Yes (X)$0$0$0
ERIC LEFKOFSKY
DIRECTOR1.000.00Yes (X)$0$0$0
NILA R LEISEROWITZ FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
ANTHONY F MAGGIORE
DIRECTOR1.000.00Yes (X)$0$0$0
JEFF MALEHORN
DIRECTOR1.000.00Yes (X)$0$0$0
JEFF MARKOWITZ
DIRECTOR1.000.00Yes (X)$0$0$0
CHARLES MATTHEWS
DIRECTOR1.000.00Yes (X)$0$0$0
TOM MCGUINNESS FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID E MOORE FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL H MOSKOW
DIRECTOR1.000.00Yes (X)$0$0$0
OSCAR MUNOZ
DIRECTOR1.000.00Yes (X)$0$0$0
MARTIN H NESBITT
DIRECTOR1.000.00Yes (X)$0$0$0
PIN NI
DIRECTOR1.000.00Yes (X)$0$0$0
IRIINA NOVOSELSKY
DIRECTOR1.000.00Yes (X)$0$0$0
VICKI NOONAN FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL O'BRIEN FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL J PALUMBO
DIRECTOR1.000.00Yes (X)$0$0$0
ANGELO PANTELEO
DIRECTOR1.000.00Yes (X)$0$0$0
ALLYSON PARK
DIRECTOR1.000.00Yes (X)$0$0$0
HENRY M PAULSON JR FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
JOSE LUIS PRADO
DIRECTOR1.000.00Yes (X)$0$0$0
RICHARD S PRICE
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID REIFMAN
DIRECTOR1.000.00Yes (X)$0$0$0
PAUL C REILLY
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL REINSDORF
DIRECTOR1.000.00Yes (X)$0$0$0
JIM REYNOLDS
DIRECTOR1.000.00Yes (X)$0$0$0
LARRY RICHMAN
DIRECTOR1.000.00Yes (X)$0$0$0
JOHN C ROBAK
DIRECTOR1.000.00Yes (X)$0$0$0
DESIREE ROGERS
DIRECTOR1.000.00Yes (X)$0$0$0
KRISTEN ROSSI
DIRECTOR1.000.00Yes (X)$0$0$0
DAN RYAN
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL J SACKS
DIRECTOR1.000.00Yes (X)$0$0$0
DIANA SANDS FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
KAREN SAUDER
DIRECTOR1.000.00Yes (X)$0$0$0
JENNIFER SCANLON
DIRECTOR1.000.00Yes (X)$0$0$0
KATHY SCHERER
DIRECTOR1.000.00Yes (X)$0$0$0
DAVID SIMAS
DIRECTOR1.000.00Yes (X)$0$0$0
JAMES SKOGSBERGH
DIRECTOR1.000.00Yes (X)$0$0$0
MAURICE SMITH
DIRECTOR1.000.00Yes (X)$0$0$0
JUD SNYDER
DIRECTOR1.000.00Yes (X)$0$0$0
VIK SOHONI
DIRECTOR1.000.00Yes (X)$0$0$0
MARK SULLIVAN
DIRECTOR1.000.00Yes (X)$0$0$0
J DOUGLAS SPARKMAN FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
SCOTT SWANSON
DIRECTOR1.000.00Yes (X)$0$0$0
DONALD THOMPSON
DIRECTOR1.000.00Yes (X)$0$0$0
PETER THOMPSON
DIRECTOR1.000.00Yes (X)$0$0$0
ED TILLY
DIRECTOR1.000.00Yes (X)$0$0$0
GLENN F TILTON
DIRECTOR1.000.00Yes (X)$0$0$0
VINCENT TOMKINSON FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
GLEN TULLMAN
DIRECTOR1.000.00Yes (X)$0$0$0
GRANT C UHLIR
DIRECTOR1.000.00Yes (X)$0$0$0
TIMOTHY WALBERT FORMER
DIRECTOR1.000.00Yes (X)$0$0$0
DON WILSON
DIRECTOR1.000.00Yes (X)$0$0$0
JAMES P JIM ZALLIE
DIRECTOR1.000.00Yes (X)$0$0$0
NIKKI M ZOLLAR
DIRECTOR1.000.00Yes (X)$0$0$0
MICHAEL MORKIN
SECRETARY1.000.00Yes (X)$0$0$0
ANDREA ZOPP
PRESIDENT & CEO60.000.00Yes (X)$434,173$0$11,843
DENNIS VICCHIARELLI
EXECUTIVE VP BUSINESS DEVELOPMENT40.000.00$223,252$0$9,069Yes (X)
OGECHI HARRY
EVP STRAGEY, LEGAL & OPERATIONS40.000.00$135,746$0$10,403Yes (X)
BERNITA JOHNSON-GABRIEL
EXECUTIVE VP, NEIGHBORHOOD & STRATEGIC INITIATIVES40.000.00$139,574$0$12,820Yes (X)
CARRIE SIMMONS
DIRECTOR OF OPERATIONS & HR40.000.00$132,046$0$26,900Yes (X)
LISA DZIEKAN
DIRECTOR OF BUSINESS DEVELOPMENT40.000.00$122,924$0$30,493Yes (X)
THOMAS BARTKOSKI
DIRECTOR, INTERNATIONAL BUSINESS DEV40.000.00$124,769$0$16,337Yes (X)
MELANIE SILLAS
VP OF DEVELOPMENT40.000.00$113,977$0$11,333Yes (X)
ANDREW HAYES
DIRECTOR OF MARKETING & COMMUNICATIONS40.000.00$114,230$0$15,377Yes (X)
ADRIENNE TONGATE
EXECUTIVE DIRECTOR CHICAGO SISTER CITIES INTERNATI40.000.00$110,612$0$10,125Yes (X)
MYRNA FARMER
DIRECTOR OF BOARD RELATIONS40.000.00$103,543$0$11,709Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,754,846TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$166,409TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K11IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
HUBBARD GALBRAITH LLC
211 EAST OHIO STREETCHICAGOIL60611ACCOUNTING & FINANCE$168,000
GEO SECURITY & INVESTIGATIONS LLC
6333 NORTH KILPATRICK AVECHICAGOIL60646SECURITY CONSULTING$147,250
CIVIS ANALYTICS INC
200 W MONROE ST SUITE 2200CHICAGOIL60606CUSTOMIZED SOFTWARE & ANALYTICS$104,950
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Fundraising$423,879FundraisingAmt
Government Grants$1,828,343GovernmentGrantsAmt
All Other Contributions$4,133,191AllOtherContributionsAmt
Total Contributions$6,385,413TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$42,758TotalRevenueColumnAmt
Exclusion$42,758ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$99,631OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$99,631OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$99,631TotalRevenueColumnAmt
Exclusion-$99,631ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$0FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$423,879ContriRptFundraisingEventAmt
Fundraising Direct Expenses$96,424FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$96,424TotalRevenueColumnAmt
Exclusion-$96,424ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,232,116TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$153,297ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,015,548TotalAmt
Program Services$1,015,548ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,754,848TotalAmt
Program Services$1,088,761ProgramServicesAmt
Management And General$382,828ManagementAndGeneralAmt
Fundraising$283,259FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,637,327TotalAmt
Program Services$1,339,773ProgramServicesAmt
Management And General$220,961ManagementAndGeneralAmt
Fundraising$76,593FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$77,388TotalAmt
Program Services$58,260ProgramServicesAmt
Management And General$9,964ManagementAndGeneralAmt
Fundraising$9,164FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$395,562TotalAmt
Program Services$292,896ProgramServicesAmt
Management And General$73,314ManagementAndGeneralAmt
Fundraising$29,352FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$240,671TotalAmt
Program Services$175,960ProgramServicesAmt
Management And General$41,021ManagementAndGeneralAmt
Fundraising$23,690FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$164,500TotalAmt
Program Services$49,350ProgramServicesAmt
Management And General$90,475ManagementAndGeneralAmt
Fundraising$24,675FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$642,163TotalAmt
Program Services$536,733ProgramServicesAmt
Management And General$93,447ManagementAndGeneralAmt
Fundraising$11,983FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$149,190TotalAmt
Program Services$139,678ProgramServicesAmt
Management And General$7,338ManagementAndGeneralAmt
Fundraising$2,174FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$58,854TotalAmt
Program Services$19,994ProgramServicesAmt
Management And General$33,990ManagementAndGeneralAmt
Fundraising$4,870FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$513,207TotalAmt
Program Services$395,109ProgramServicesAmt
Management And General$76,810ManagementAndGeneralAmt
Fundraising$41,288FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$8,285TotalAmt
Program Services$6,910ProgramServicesAmt
Management And General$701ManagementAndGeneralAmt
Fundraising$674FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$120,054TotalAmt
Program Services$120,054ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$185,517TotalAmt
Program Services$142,835ProgramServicesAmt
Management And General$27,760ManagementAndGeneralAmt
Fundraising$14,922FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$80,711TotalAmt
Program Services$62,142ProgramServicesAmt
Management And General$12,077ManagementAndGeneralAmt
Fundraising$6,492FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
LICENSES, FEES, DUES AN$213,248$133,040$55,490$24,718
CHICAGO SISTER CITIES C$47,764$47,764
PROFESSIONAL DEVELOPMEN$10,028$3,647$2,494$3,887

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,314,865TotalAmt
Program Services$5,628,454ProgramServicesAmt
Management And General$1,128,670ManagementAndGeneralAmt
Fundraising$557,741FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$6,735,615BOYAmt
EOY$7,254,743EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,266,200BOYAmt
EOY$522,903EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$180,080BOYAmt
EOY$90,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,580BOYAmt
EOY$1,648EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$112,403BOYAmt
EOY$103,260EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$976,714LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$912,416LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$349,446BOYAmt
EOY$64,298EOYAmt

Intangible Assets IntangibleAssetsGrp

FieldValueIRS element (for citing)
EOY$74,614EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,646,324BOYAmt
EOY$8,111,466EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$376,561BOYAmt
EOY$175,944EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$312,500BOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$52,907BOYAmt
EOY$63,915EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$741,968BOYAmt
EOY$239,859EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,073,204BOYAmt
EOY$6,950,611EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,831,152BOYAmt
EOY$920,996EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,904,356BOYAmt
EOY$7,871,607EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,646,324BOYAmt
EOY$8,111,466EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$1,082,749ReconcilationRevenueExpnssAmt
Donated Services And Use Fclts$50,000DonatedServicesAndUseFcltsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,986,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,631,225CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,344,211CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,817,307CurrentTaxYearMinus1YearAmt
Current Tax Year$6,385,413CurrentTaxYearAmt
Total$46,164,393TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,986,237CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,631,225CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,344,211CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,817,307CurrentTaxYearMinus1YearAmt
Current Tax Year$6,385,413CurrentTaxYearAmt
Total$46,164,393TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$46,164,393PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,329CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,923CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$30,867CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$80,103CurrentTaxYearMinus1YearAmt
Current Tax Year$42,758CurrentTaxYearAmt
Total$159,980TotalAmt
FieldValueIRS element (for citing)
Total Support$46,324,373TotalSupportAmt
Gross Receipts Rltd Activities$479,642GrossReceiptsRltdActivitiesAmt
Public Support CY1700.99650PublicSupportCY170Pct
Public Support PY1700.99390PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$78,496OtherCostOrOtherBasisAmt
Depreciation$78,496DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$358,568OtherCostOrOtherBasisAmt
Depreciation$335,021DepreciationAmt
Book Value$23,547BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$539,650OtherCostOrOtherBasisAmt
Depreciation$498,899DepreciationAmt
Book Value$40,751BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$64,298TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
DEFERRED RENT - LT$13,915
OTHER CURRENT LIABILITIES$50,000
FieldValueIRS element (for citing)
Total Liability$63,915TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,369,526TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$1,137,410DonatedServicesAndUseFcltsAmt
Revenue Not Reported$1,137,410RevenueNotReportedAmt
Revenue Subtotal$6,232,116RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,232,116TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,402,275TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$1,087,410DonatedServicesUseFcltsAmt
Expenses Not Reported$1,087,410ExpensesNotReportedAmt
Expenses Subtotal$7,314,865ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,314,865TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationWBC 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, 2020 AND 2019. 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

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$423,879GrossReceiptsEvent1Amt
Charitable Contri Event1$423,879CharitableContriEvent1Amt
Entertainment Event1$28,830EntertainmentEvent1Amt
Other Direct Expenses Event1$67,594OtherDirectExpensesEvent1Amt
Gross Receipts Total$423,879GrossReceiptsTotalAmt
Charitable Contributions Tot$423,879CharitableContributionsTotAmt
Entertainment Total Events$28,830EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$67,594OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$96,424DirectExpenseSummaryEventsAmt
Net Income Summary-$96,424NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdCash GrantCashGrantAmtPurpose Of GrantPurposeOfGrantTxtAddress Line2USAddress/AddressLine2TxtRecipient EINRecipientEINIRC SectionIRCSectionDesc
CITY OF CHICAGO
121 N LASALLE STREETCHICAGOIL60602$500,000ECONOMIC DEVELOPMENT SUBGRANTS
BUNKER LABS NFP INC
222 W MERCHANDISE MART PLAZA STECHICAGOIL60654$145,000INCLUSIVE GROWTH GRANT1212471474802501(C)(3)
FUTURE FOUNDERS FOUNDATION
222 W MERCHANDISE MART PLAZA STECHICAGOIL60654$145,000INCLUSIVE GROWTH GRANT1212453340650501(C)(3)
WEST SIDE FORWARD
4950 W THOMAS STCHICAGOIL60651$145,000INCLUSIVE GROWTH GRANT363013241501(C)(3)
ARTS ALLIANCE ILLINOIS
200 W MADISON ST 3RD FLOORCHICAGOIL60601$80,548INCLUSIVE GROWTH GRANT363177592501(C)(3)
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org1TotalOtherOrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentYes (1)SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
ANDREA ZOPP
PRESIDENT & CEO$434,173$0$0$0$0$0$9,975$0$1,868$0$446,016$0$0$0
DENNIS VICCHIARELLI
EXECUTIVE VP BUSINESS DEVELOPMENT$223,252$0$0$0$0$0$3,409$0$5,660$0$232,321$0$0$0
CARRIE SIMMONS
DIRECTOR OF OPERATIONS & HR$132,046$0$0$0$0$0$4,774$0$22,126$0$158,946$0$0$0
LISA DZIEKAN
DIRECTOR OF BUSINESS DEVELOPMENT$122,924$0$0$0$0$0$4,500$0$25,993$0$153,417$0$0$0
BERNITA JOHNSON-GABRIEL
EXECUTIVE VP, NEIGHBORHOOD & STRATEG$139,574$0$0$0$0$0$4,990$0$7,830$0$152,394$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE RETURN IS PREPARED BY EXTERNAL AND INTERNAL ACCOUNTANTS, REVIEWED BY THE PRESIDENT AND OTHER INTERNAL MANAGEMENT, AND CIRCULATED TO THE BOARD OF DIRECTORS BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE EMPLOYEE CONFLICT POLICY IS OUTLINED IN THE ORGANIATION EMPLOYEE HANDBOOK, WHICH I PROVIDED TO ALL EMPLOYEES WHEN THEY START. IF ANY EMPLOYEE BECOMES AWARE OF ANY POTENTIAL CONFLICTS THEY WOULD NOTIFY THE DIRECTOR OF HUMAN ESOURCES. THE DIRECTOR OF BOARD RELATIONS CIRCULATES CONFLICT STATEMENTS TO DIRECTORS WHEN THEY JOIN THE BOARD. THE COMPLETED STATEMENTS AE REVIEWED BY THE DIRECTOR OF BOARD RELATIONS.
FORM 990, PART VI, SECTION B, LINE 15THE 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 19WORLD 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 XII, LINE 2C:THE ORGANIZATION NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.