2025-09-23T11:05:48-05:00 2024-12-31 362170602 WARADY & DAVIS LLP 1717 DEERFIELD RD SUITE 300S DEERFIELD IL 60015 990 2024-01-01 363786331 CHICAGO LIGHTS CHIC 3127874570 126 E CHESTNUT STREET CHICAGO IL 60611 MARK H NELSON TREASURER 3127874570 2025-09-23 1 1 KOSTA G TCHOBANOV P01302744 8472679600 2025-09-23 2024 2025-03-06 01:10:19Z MARK H NELSON 126 E CHESTNUT STREET CHICAGO IL 60611 3020770 0 X HTTPS://CHICAGOLIGHTS.ORG X 1991 IL BUILDING BRIGHTER FUTURES FOR CHICAGO'S YOUTH AND ADULTS THROUGH SUPPORTIVE RELATIONSHIPS AND LIFE-CHANGING PROGRAMS. 15 14 0 855 0 0 2594398 2716340 37852 14891 12568 30738 -137274 -115050 2507544 2646919 179205 201262 0 0 1608489 1660970 0 0 250243 384923 437544 2172617 2299776 334927 347143 1601541 2007765 60673 119754 1540868 1888011 X CHICAGO LIGHTS BUILDS BRIGHTER FUTURES FOR CHICAGO'S YOUTH AND ADULTS THROUGH SUPPORTIVE RELATIONSHIPS AND LIFE-CHANGING PROGRAMS. 0 0 629561 89940 CHICAGO LIGHTS TUTORING SUPPORTS THE ACADEMIC AND PERSONAL GROWTH OF 300 STUDENTS EACH YEAR AND MATCHES THEM ONE-TO-ONE WITH CARING VOLUNTEER MENTORS. THESE RELATIONSHIPS, COMBINED WITH INNOVATIVE EDUCATIONAL AND ENRICHMENT RESOURCES, MINDFULNESS PRACTICES, AND CAREER DEVELOPMENT, HELP PREPARE STUDENTS FOR HIGHER EDUCATION AND FUTURE JOBS. 667296 111322 THE CHICAGO LIGHTS SOCIAL SERVICE CENTER HELPS ADULTS PURSUE AND REACH THEIR GOALS TOWARD GREATER STABILITY. OUR FOOD, CLOTHING, HOUSING, AND OTHER RESOURCES LIKE CASE MANAGEMENT AND ENRICHMENT GROUPS HELP BUILD HEALTHY AND FULFILLING LIVES. 336889 11480 THE CHICAGO LIGHTS URBAN FARM IS DEDICATED TO CULTIVATING A THOUGHTFUL AND ENGAGED COMMUNITY OF YOUTH AND ADULTS THROUGH EDUCATIONAL AND ECONOMIC OPPORTUNITIES, HANDS-ON LEARNING EXPERIENCES, AND ACCESS TO FRESH, LOCAL, AFFORDABLE, AND SUSTAINABLY GROWN PRODUCE. IT ALSO PROVIDES A SAFE SANCTUARY AND PROGRAMS FOR YOUTH AND YOUNG ADULTS TO LEARN ABOUT URBAN AGRICULTURE. 210937 3411 CHICAGO LIGHTS SUMMER DAY BRIDGES THE SUMMER LEARNING AND SAFETY GAP FOR STUDENTS IN GRADES 1-6 BY ENGAGING THEM IN A SIX-WEEK, FULLDAY PROGRAM THAT INCLUDES ACADEMIC AND ARTS CLASSES, OUTDOOR RECREATION, FIELD TRIPS, AND A DYNAMIC FINAL PERFORMANCE WRITTEN AND PRODUCED BY THE STUDENTS. 210937 3411 1844683 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 0 0 0 1 X 18 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 15 14 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X X STACY JACKSON 3129813562 126 E CHESTNUT STREET CHICAGO IL 60611 X STACY JACKSON EXECUTIVE DIRECTOR 40.00 X X 149663 0 20633 AMANDA FELT PRESIDENT 1.00 X X 0 0 0 CINDY HULL DIRECTOR (THROUGH MAY) 1.00 X 0 0 0 MARCUS MASON-VIVIT DIRECTOR 1.00 X 0 0 0 CASSANDRA L BOOK DIRECTOR (THROUGH MAY) 1.00 X 0 0 0 JUSTIN EPPS VICE PRESIDENT 1.00 X X 0 0 0 DAVID KIMBELL DIRECTOR (THROUGH MAY) 1.00 X 0 0 0 NARESH KOKA DIRECTOR (THROUGH MAY) 1.00 X 0 0 0 ANDREW MCGAAN DIRECTOR (THROUGH MAY) 1.00 X 0 0 0 BETH TRUETT DIRECTOR 1.00 X 0 0 0 GRETCHEN VAN NATTA DIRECTOR 1.00 X 0 0 0 NALINI I DURGANA DIRECTOR 1.00 X 0 0 0 ASHLEY GOGGINS SECRETARY 1.00 X X 0 0 0 THERESA E MINTLE DIRECTOR 1.00 X 0 0 0 HALLE MIROGLOTTA DIRECTOR 1.00 X 0 0 0 MARK H NELSON TREASURER 1.00 X X 0 0 0 JUSTIN PREVOST-SCHULTZ DIRECTOR 1.00 X 0 0 0 CARYN BORG-BREEN DIRECTOR 1.00 X 0 0 0 ROOSEVELT HAYWOOD III DIRECTOR 1.00 X 0 0 0 JERRY LATHEROW DIRECTOR 1.00 X 0 0 0 149663 0 20633 1 0 1 0 0 548438 2167902 291519 2716340 URBAN FARMS 624200 11480 11480 SUMMER DAY CAMP 624410 3411 3411 14891 30738 30738 258801 548438 373851 -115050 -115050 2646919 14891 0 -84312 201262 201262 170295 76632 92375 1288 1201931 997862 14893 189176 20895 15851 5044 168963 131598 37365 98886 78968 6356 13562 26275 26275 81030 56417 23763 850 9345 6434 2911 34153 34153 88258 84928 3330 30538 30538 25655 25655 SUPPLIES, TRANSPORTATIO 141490 141357 86 47 CONTINUING EDUCATION 800 0 800 0 2299776 1844683 204850 250243 703528 844123 268602 798577 75000 320 29534 101782 129368 124200 11671 5168 81396 62244 506810 120551 1601541 2007765 14283 18181 46390 101573 60673 119754 X 1320140 1358899 220728 529112 1540868 1888011 1601541 2007765 347143 0 X X 0 1 X 1 0 X 2795289 2651920 2534108 2594398 2716340 13292055 2795289 2651920 2534108 2594398 2716340 13292055 1286913 12005142 1157 57 3081 12568 30738 47601 13339656 441815 0.90000 0.90140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 447500 1441 17158 466099 9745 437500 255 447500 13028 -3283 9745 10228 2800 13028 10000 228 10228 0.97780 0.02220 0.00000 1 0 116448 116448 0 12920 7752 5168 5168 DUE FROM FOURTH PRESBYTERIAN CHURCH 120551 120551 X 3872927 1015990 210018 1226008 2646919 0 2646919 3525784 1226008 1226008 2299776 0 2299776 PART X, LINE 2: THE ORGANIZATION FOLLOWS THE GUIDANCE IN THE FASB CODIFICATION TOPIC RELATED TO UNCERTAINTY IN INCOME TAXES WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING AND DISCLOSING IN THE FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS THAT THE ORGANIZATION HAS TAKEN OR EXPECTS TO TAKE IN ITS TAX RETURNS. UNDER THE GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS "MORE LIKELY THAN NOT" THAT IT IS SUSTAINABLE, BASED ON ITS TECHNICAL MERITS. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION SHOULD BE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT WITH A TAXING AUTHORITY HAVING FULL KNOWLEDGE OF ALL RELEVANT INFORMATION. THE ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE POSITIONS TAKEN ON ITS RETURNS. PART XI, LINE 2D - OTHER ADJUSTMENTS: EQUITY TRANSFER 210,018. ANNUAL MISSION BENEFIT EVENT 738484 494234 244250 14850 117090 5225 209005 BOARD FUNDRAISING EVENT 40555 31555 9000 2400 3968 1525 1 28200 22649 5551 14386 5402 807239 548438 258801 17250 135444 5225 215932 373851 -115050 0 HIGH SCHOOL SCHOLARSHIPS 11 44150 HIGH SCHOOL FEES GRANTS-FERGUSON FELLOWS 8 3090 COLLEGE SCHOLARSHIPS 20 42700 RENTAL ASSISTANCE 2 20956 DONATED GOODS 1900 90366 THRIFT STORE VALUE CLOTHES, HOUSEHOLD GOODS, ETC. FORM 990, SCHEDULE I, PART I, LINE 2 SCHOLARSHIPS ARE PAYMENTS FOR PRIVATE HIGH SCHOOL OR COLLEGE TUITION FOR SELECTED PARTICIPANTS OF THE TUTORING PROGRAM. THE SELECTION IS MADE BY THE SELECTION COMMITTEE COMPRISED OF SELECTED MEMBERS OF THE BOARD OF DIRECTORS, STAFF AND VOLUNTEERS. THE SELECTION PROCESS CONSIDERS EACH CANDIDATE'S FINANCIAL NEED, ACADEMIC ACHIEVEMENT, TUTORING PROGRAM TENURE, WRITING SKILLS, LEVEL OF EDUCATION OF THE FAMILY MEMBERS AND OTHER CRITERIA. ONCE THE CANDIDATE IS SELECTED, CHICAGO LIGHTS MAKES PAYMENTS DIRECTLY TO THE SCHOOL AND MONITORS EACH STUDENT'S COMPLIANCE WITH THE PROGRAM'S ACADEMIC PROGRESS REQUIREMENT. X X X 0 0 0 0 0 0 0 0 0 STACY JACKSON EXECUTIVE DIRECTOR 149663 0 0 0 0 0 8500 0 12133 0 170296 0 0 0 FORM 990, SCHEDULE J, PART I LINE 3 SALARY ADJUSTMENTS FOR THE EXECUTIVE DIRECTOR (ANNUAL RAISES, ETC.) ARE REVIEWED AND APPROVED BY THE PERSONNEL COMMITTEE AND BOARD. MARK DENNISON GRANDSON OF BOARD MEMBER GRETCHEN VAN NATTA 47753 TOTAL COMPENSATION FOR BEING AN EMPLOYEE OF CHICAGO LIGHTS 0 X 2 380 FMV X 92351 FMV X 13 126786 X 11 2395 FMV X 1 150 FMV X 2 260 FMV X EXPERIENCE 63 35895 FMV X TRAVEL/VACATION 7 25177 FMV X EDUCATION & TRAINING 7 4895 FMV X MEMBERSHIP 3 2150 FMV X JEWELRY 2 1080 FMV 0 1 1 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS COLUMN REPRESENTS THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I, LINE 32B: CHICAGO LIGHTS MAINTAINS AN ACCOUNT WITH PNC INVESTMENTS TO RECEIVE DONATED STOCK WHICH PNC TRADES ON THE OPEN MARKET FOR CASH ON CHICAGO LIGHTS BEHALF. PART V, LINA 2A: COMPENSATION REPORTED FOR SALARIES, PAYROLL TAXES, AND EMPLOYEE BENEFITS HAVE BEEN PAID BY AND REIMBURSED TO A RELATED ORGANIZATION AND COMMON PAYMASTER, FOURTH PRESBYTERIAN CHURCH OF CHICAGO, FEIN 36-2167080. AS SUCH, NO FORM W-3 IS ISSUED BY CHICAGO LIGHTS. FOURTH PRESBYTERIAN CHURCH HAS COMPLIED WITH PAYROLL FILING REQUIREMENTS. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS FOURTH PRESBYTERIAN CHURCH OF CHICAGO, ILLINOIS, A NOT-FOR-PROFIT CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A DIRECTORS OF THE CORPORATION SHALL BE APPOINTED ANNUALLY TO FILL VACANCIES ON THE BOARD OF DIRECTORS BY THE BOARD OF DIRECTORS FROM A SLATE OF CANDIDATES PROVIDED BY THE NOMINATING COMMITTEE OF FOURTH PRESBYTERIAN CHURCH FOR THOSE DIRECTORS WHO ARE MEMBERS OF THE CHURCH AND BY THE CORPORATION'S BOARD FROM A SLATE PROVIDED BY THE CORPORATION'S NOMINATING COMMITTEE. THE BOARD SHALL APPOINT A DIRECTOR TO SERVE ON THE NOMINATING COMMITTEE OF THE CHURCH AND SHALL PROVIDE THE NOMINATING COMMITTEE WITH CRITERIA, QUALIFICATIONS, AND EXPECTED RESPONSIBILITIES OF DIRECTORS TO BE ELECTED. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER, EXECUTIVE DIRECTOR, EXECUTIVE DIRECTOR OF OPERATIONAL MINISTRIES, AND DIRECTOR OF FINANCE PERFORM A DETAILED REVIEW OF THE FORM 990 PRIOR TO FILING. A FINAL DRAFT IS CIRCULATED TO EACH BOARD MEMBER FOR ANY FINAL REVISIONS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO SIGN THE CONFLICT OF INTEREST POLICY, DISCLOSING ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS, ON AN ANNUAL BASIS. THE CONFLICT OF INTEREST POLICY IS MONITORED PERIODICALLY THROUGH THE YEAR BY THE CEO AND CERTAIN BOARD MEMBERS. IF A CONFLICT EXISTS, THE CONFLICTED BOARD MEMBER(S) MAY NOT VOTE ON DECISIONS INVOLVING THEIR INTERESTS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MONITORS THE PERFORMANCE AND RECOMMENDS CHANGES TO THE COMPENSATION OF THE EXECUTIVE DIRECTOR. IN 2016, THE COMMITTEE ENGAGED CONSULTANTS TO ANALYZE THE EXISTING COMPENSATION AND COMPARE IT TO THE SIMILAR NOT-FOR-PROFIT EXECUTIVE JOB MARKET. SUBSEQUENTLY, THE COMMITTEE ESTABLISHED A PROCESS OF REVIEWING THE COMPARATIVE EMPLOYMENT MARKET DATA AND THE PERFORMANCE OF THE EXECUTIVE DIRECTOR. THE COMMITTEE COMMUNICATES DURING THE MEETINGS AS WELL AS THROUGH THE USE OF EMAILS TO DETERMINE IF CURRENT COMPENSATION IS COMMENSURATE WITH THE MARKET. IF APPROPRIATE, COMPENSATION CHANGES ARE PRESENTED TO THE BOARD OF DIRECTORS FOR APPROVAL. IN ADDITION A COMPENSATION STUDY WAS DONE IN 2021 WHERE AN INDEPENDENT CONSULTANT WAS UTILIZED TO ASSES MARKET RATES AND DEVELOP A GRID. AS A RESULT, SOME STAFF SALARIES WERE ADJUSTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VII, SECTION A COMPENSATION REPORTED FOR STACY JACKSON HAS BEEN PAID BY A RELATED ORGANIZATION AND COMMON PAYMASTER, FOURTH PRESBYTERIAN CHURCH OF CHICAGO, FEIN 36-2167080. SINCE ALL SERVICES PERFORMED BY THIS INDIVIDUAL WERE FOR CHICAGO LIGHTS, THE COMPENSATION HAS BEEN REPORTED IN COLUMN D AS IF PAID BY THE ORGANIZATION. FOURTH PRESBYTERIAN CHURCH HAS COMPLIED WITH PAYROLL FILING REQUIREMENTS. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE AUDIT AND NEW AUDITORS WERE SELECTED IN THE CURRENT YEAR. FOURTH PRESBYTERIAN CHURCH OF CHICAGO 126 E CHESTNUT STREET CHICAGO IL 60611 362167080 CHURCH IL 501(C)(3) LINE 1 N/A 0 0 0 1 1 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 FOURTH PRESBYTERIAN CHURCH D 120551 CASH VALUE FOURTH PRESBYTERIAN CHURCH -IN-KIND DONATION K 869936 FAIR MARKET VALUE