WORLD BUSINESS CHICAGO: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- WORLD BUSINESS CHICAGO (EIN 36-4313685)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-11
- IRS object ID
- 201303169349300895
- Schema version
- 2012v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-11T10:49:18-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362938874 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | OSTROW REISIN BERK & ABRAMS LTD | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 455 N CITYFRONT PLAZA DRIVE SUITE | AddressLine1 |
| Address Line2 | 1500 | AddressLine2 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 606115313 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364313685 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WORLD BUSINESS CHICAGO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WORL | NameControl |
| Phone | 3125530500 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 177 NORTH STATE STREET NO 500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JEFF MALEHORN | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 3125530500 | Phone |
| Date Signed | 2013-11-08 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LARRY SOPHIAN | Name |
| PTIN | P00079652 | PTIN |
| Phone | 3126707444 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JEFF MALEHORN | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 177 NORTH STATE STREET NO 500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 22634995 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.WORLDBUSINESSCHICAGO.COM | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1999 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | WORLD BUSINESS CHICAGO (WBC) IS AN ECONOMIC DEVELOPMENT OFFICE, COORDINATING BUSINESS RETENTION, ATTRACTION AND EXPANSION EFFORTS IN ORDER TO SPUR AND ACCELERATE ECONOMIC GROWTH. WBC RAISES CHICAGO'S PROFILE AS A PREMIER BUSINESS DESTINATION AND SERVES AS A RESOURCE FOR COMPANIES. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 61 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 61 | NbrIndependentVotingMembers |
| Total Nbr Employees | 27 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 27176924 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 22533196 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 2196 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2715 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 104250 | OtherRevenuePriorYear |
| Other Revenue Current Year | 99084 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 27283370 | TotalRevenuePriorYear |
| Total Revenue Current Year | 22634995 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 3067627 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 1546231 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 1489302 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 1543533 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 183087 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2783418 | OtherExpensePriorYear |
| Other Expenses Current Year | 22092499 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 7340347 | TotalExpensesPriorYear |
| Total Expenses Current Year | 25182263 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 19943023 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -2547268 | RevenuesLessExpensesCY |
| Total Assets BOY | 24080319 | TotalAssetsBOY |
| Total Assets EOY | 18161899 | TotalAssetsEOY |
| Total Liabilities BOY | 122166 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 686623 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 23958153 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 17475276 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | WORLD BUSINESS CHICAGO (WBC) IS AN ECONOMIC DEVELOPMENT OFFICE, COORDINATING BUSINESS RETENTION, ATTRACTION AND EXPANSION EFFORTS IN ORDER TO SPUR AND ACCELERATE ECONOMIC GROWTH. WBC RAISES CHICAGO'S PROFILE AS A PREMIER BUSINESS DESTINATION AND SERVES AS A RESOURCE FOR COMPANIES. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Expense | 1546231 | Expense |
| Grants | 1546231 | Grants |
| Description | SKILLS FOR CHICAGOLAND'S FUTURE (FORMERLY CHICAGO CAREER TECH) IS AN INNOVATIVE JOB-RETRAINING INITIATIVE THAT CLOSES THE WORKFORCE SKILLS GAP BY PROVIDING BUSINESSES WITH TALENTED, RETRAINED PROFESSIONALS TO FILL NEEDED POSITIONS. CHICAGO CAREER TECH PROVIDES UNEMPLOYED EMERGING- AND MIDDLE-INCOME CHICAGO RESIDENTS WITH THE NEW SKILLS NECESSARY TO OBTAIN AND SUCCEED IN HIGH DEMAND TECHNOLOGY-BASED CAREERS.THE PROGRAM SPLIT FROM WBC IN 2011 TO FORM ITS OWN ORGANIZATION. CURRENTLY WBC ACTS AS A GRANT RECIPIENT OF CERTAIN FUNDS WHICH ARE PROVIDED TO SKILLS FOR CHICAGOLAND'S FUTURE THROUGH VARIOUS SUB-GRANT AGREEMENTS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 2765904 | Expense |
| Description | PROMOTING CHICAGO AS A BUSINESS LOCATION. LEADING AND COORDINATING THE ECONOMIC DEVELOPMENT OF CHICAGO. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 13770461 | Expense |
| Description | NORTH ATLANTIC TRADE ORGANIZATION EVENT - WBC WAS RESPONSIBLE FOR THE ORGANIZATION AND PRODUCTION OF CERTAIN EVENTS IN CONNECTION WITH MEETINGS CONDUCTED BY THE NORTH ATLANTIC TREATY ORGANIZATION HELD IN CHICAGO IN MAY, 2012. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 18082596 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 0 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 0 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 19 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 27 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 61 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 61 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 1 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 0 | WhistleblowerPolicy |
| Document Retention Policy | 0 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARRIE SIMMONS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3125530500 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 177 NORTH STATE STREET NO 500 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60601 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (70 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Highest Compensated EmployeeHighestCompensatedEmployee |
|---|---|---|---|---|---|---|---|
| RAHM EMANUEL | |||||||
| CHAIRMAN | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL SACKS | |||||||
| VICE CHAIRMAN | 1.00 | X | 0 | 0 | 0 | ||
| JIM ABRAMS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ANTHONY K ANDERSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JEFF ARONIN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| NORMAN BOBINS | |||||||
| DIRECTOR - TERM | 1.00 | X | 0 | 0 | 0 | ||
| TONY BOUCHARD | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARSHALL BOUTON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BILL BRODSKY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GREG BROWN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN BUCK | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD BURKE | |||||||
| DIRECTOR - TERM | 1.00 | X | 0 | 0 | 0 | ||
| DEBRA CAFARO | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PATRICK CANNING | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAMES S CROWN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DEBORAH DEHAAS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| CRAIG J DUCHOSSOIS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| TERRENCE DUFFY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DONALD EDWARDS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARK FURLONG | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MATTHEW GIBSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAMES T GLERUM | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ILENE GORDON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ANTONIO GRACIAS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DANIEL M HAMBURGER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DEAN HARRISON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LORI HEALEY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PATRICIA HEMINGWAY HALL | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MELLODY HOBSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MARK S HOPLAMAZIAN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| STEVE KOCH | |||||||
| DIRECTOR - TERM | 1.00 | X | 0 | 0 | 0 | ||
| PAUL A LAUDICINA | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| ERIC LEFKOFSKY | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| AYLWIN LEWIS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| SAM MENCOFF | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL H MOSKOW | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS F MOTAMED | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MICHAEL D O'HALLERAN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| WILLIAM A OSBORN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| HANK PAULSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN PRATT | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JB PRITZKER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN RAU | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BRUCE RAUNER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JIM REYNOLDS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| LARRY RICHMAN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DESIREE ROGERS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JOHN W ROWE | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| PAT RYAN JR | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| MUNEER A SATTER | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| SAMUEL SCOTT | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JAMES SKOGSBERGH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| JEFFERY SMISEK | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DAVID SPEER | |||||||
| DIRECTOR - TERM | 1.00 | X | 0 | 0 | 0 | ||
| RICK STEPHENS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DAVID P STORCH | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RICHARD SYKES | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| DON THOMPSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GLENN TILTON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| CHARLES A TRIBETT III | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| BYRON TROTT | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GLEN E TULLMAN | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| GREGORY D WASSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| KEITH WILLIAMS | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| THOMAS J WILSON | |||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | ||
| RITA ATHAS | |||||||
| PRESIDENT | 45.00 | 182411 | 0 | 13133 | X | ||
| DENNIS VICCHIARELLI | |||||||
| TREASURER/MANAGING DIRECTO | 45.00 | 120511 | 0 | 10653 | X | ||
| CARRIE SIMMONS | |||||||
| SECRETARY/DIR OF OPERATION | 40.00 | 92943 | 0 | 16455 | X | ||
| EVANS LYNE | |||||||
| DIRECTOR OF TECHNOLOGY DEV | 40.00 | 108516 | 0 | 19358 | X | ||
| CAROLYN PHILLIPS | |||||||
| DIRECTOR OF STRATEGIC INIT | 40.00 | 147595 | 0 | 11476 | X | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 651976 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 71075 | TotalOtherCompensation |
| Number Individuals GT100 K | 4 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (2 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| DAVID GREISING | |||||
| 177 N STATE STREET SUITE 500 | CHICAGO | IL | 60601 | CONSULTING | 134608 |
| NANCY ANNE OLAIMEY | |||||
| 57 E DELAWARE PLACE 3203 | CHICAGO | IL | 60611 | CONSULTING | 114000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 2 | NumberOfContractorsGT100K |
| Government Grants | 1287819 | GovernmentGrants |
| All Other Contributions | 21245377 | AllOtherContributions |
| Noncash Contributions | 176452 | NoncashContributions |
| Total Contributions | 22533196 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 2715 | TotalRevenueColumn |
| Exclusion | $2,715 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (2 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| OTHER INCOME | 900099 | 49791 | $49,791 |
| SUBLEASE INCOME | 900099 | 49293 | $49,293 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 99084 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 22634995 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $101,799 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1546231 | Total |
| Program Services | 1546231 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 436106 | Total |
| Program Services | 314233 | ProgramServices |
| Management And General | 89632 | ManagementAndGeneral |
| Fundraising | 32241 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 852107 | Total |
| Program Services | 635682 | ProgramServices |
| Management And General | 210712 | ManagementAndGeneral |
| Fundraising | 5713 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24018 | Total |
| Program Services | 20557 | ProgramServices |
| Management And General | 3431 | ManagementAndGeneral |
| Fundraising | 30 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 147187 | Total |
| Program Services | 126144 | ProgramServices |
| Management And General | 18588 | ManagementAndGeneral |
| Fundraising | 2455 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 84115 | Total |
| Program Services | 68117 | ProgramServices |
| Management And General | 13482 | ManagementAndGeneral |
| Fundraising | 2516 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42000 | Total |
| Program Services | 23490 | ProgramServices |
| Management And General | 17640 | ManagementAndGeneral |
| Fundraising | 870 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 135109 | Total |
| Program Services | 120459 | ProgramServices |
| Management And General | 14480 | ManagementAndGeneral |
| Fundraising | 170 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 115153 | Total |
| Program Services | 112513 | ProgramServices |
| Management And General | 2640 | ManagementAndGeneral |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57339 | Total |
| Program Services | 35860 | ProgramServices |
| Management And General | 20177 | ManagementAndGeneral |
| Fundraising | 1302 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11670 | Total |
| Program Services | 7280 | ProgramServices |
| Management And General | 3851 | ManagementAndGeneral |
| Fundraising | 539 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 308913 | Total |
| Program Services | 248681 | ProgramServices |
| Management And General | 51021 | ManagementAndGeneral |
| Fundraising | 9211 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21598 | Total |
| Program Services | 18973 | ProgramServices |
| Management And General | 2625 | ManagementAndGeneral |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49502 | Total |
| Program Services | 41696 | ProgramServices |
| Management And General | 6983 | ManagementAndGeneral |
| Fundraising | 823 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 27538 | Total |
| Program Services | 20049 | ProgramServices |
| Management And General | 6704 | ManagementAndGeneral |
| Fundraising | 785 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CHICAGO NATO HOST | 20327104 | 13770461 | 6430211 | 126432 |
| ECONOMIC DEVELOPMENT | 297154 | 294414 | 2740 | |
| TARGETED INITIATIVE | 221483 | 221483 | ||
| PUBLIC RELATIONS | 158422 | 158274 | 148 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 319514 | Total |
| Program Services | 297999 | ProgramServices |
| Management And General | 21515 | ManagementAndGeneral |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 25182263 | Total |
| Program Services | 18082596 | ProgramServices |
| Management And General | 6916580 | ManagementAndGeneral |
| Fundraising | 183087 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11307871 | BOY |
| EOY | 14672517 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | 1298506 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12590115 | BOY |
| EOY | 2000647 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27434 | BOY |
| EOY | 1841 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 14425 | BOY |
| EOY | 49223 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1519278 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 1380113 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 140474 | BOY |
| EOY | 139165 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24080319 | BOY |
| EOY | 18161899 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 57617 | BOY |
| EOY | 606241 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 64549 | BOY |
| EOY | 80382 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 122166 | BOY |
| EOY | 686623 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3539775 | BOY |
| EOY | 4241056 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20418378 | BOY |
| EOY | 13234220 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 23958153 | BOY |
| EOY | 17475276 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 24080319 | BOY |
| EOY | 18161899 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -2547268 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -3935609 | ReconcilationOtherChanges |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2140000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2045000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10996848 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 27176924 | CurrentTaxYearMinus1Year |
| Current Tax Year | 22533196 | CurrentTaxYear |
| Total | 64891968 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 2140000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2045000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 10996848 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 27176924 | CurrentTaxYearMinus1Year |
| Current Tax Year | 22533196 | CurrentTaxYear |
| Total | 64891968 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 7506336 | AmountsSubstContributorsTotal |
| Public Support Total170 | 57385632 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 17527 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 6708 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2122 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2196 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2715 | CurrentTaxYear |
| Total | 31268 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 72949 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 72137 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 63760 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 104250 | CurrentTaxYearMinus1Year |
| Current Tax Year | 99084 | CurrentTaxYear |
| Total | 412180 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 65335416 | TotalSupport |
| Public Support Pertcentage170 | 0.87830 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.80660 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 547568 | OtherCostOrOtherBasis |
| Depreciation | 540187 | Depreciation |
| Book Value | 7381 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 324428 | OtherCostOrOtherBasis |
| Depreciation | 275041 | Depreciation |
| Book Value | 49387 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 647282 | OtherCostOrOtherBasis |
| Depreciation | 564885 | Depreciation |
| Book Value | 82397 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 139165 | TotalOfBookValueLandBuildings |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | DEFERRED RENT | Description |
| Amount | $80,382 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 80382 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 25105433 | TotRevenueEtcAuditedFinclStmt |
| Donated Srvc And Use Of Facilities | 2470438 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 2470438 | RevenueNotRptdF990 |
| Revenue Subtotal | 22634995 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 22634995 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 31588310 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 2470438 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 2470438 | ExpensesNotRptdF990 |
| Expenses Subtotal | 29117872 | ExpensesSubtotal |
| Other Expenses Not Included | -3935609 | OtherExpensesNotIncluded |
| Expenses Not Rptd On Fin Stmt | -3935609 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 25182263 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PART XII, LINE 4B - OTHER ADJUSTMENTS: | Identifier |
| Explanation | LOSS ON 2011 GOVERNMENT AGENCY GRANTS FOR CHICAGO CAREER TECH -3,935,609. | Explanation |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable
Recipient Name Business RecipientNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHICAGO CAREER TECH SKILLS FOR CHICAGOLAND'S FUTURE | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 191 NORTH WACKER DRIVE SUITE 925 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN Of Recipient | 451287418 | EINOfRecipient |
| IRC Section | 501(C)(3) | IRCSection |
| Amount Of Cash Grant | 1546231 | AmountOfCashGrant |
| Purpose Of Grant | SKILLS FOR CHICAGOLAND'S FUTURE (FORMERLY CHICAGO CAREER TECH) PROVIDES UNEMPLOYED EMERGING- AND MIDDLE-INCOME CHICAGO RESIDENTS WITH THE NEW SKILLS NECESSARY TO OBTAIN AND SUCCEED IN HIGH DEMAND TECHNOLOGY-BASED CAREERS. | PurposeOfGrant |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 1 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: WORLD BUSINESS CHICAGO MONITORS SKILLS FOR CHICAGOLAND'S FUTURE'S (FORMERLY CHICAGO CAREER TECH) GRANT BY REVIEWING THE BUDGET PROPOSAL PROVIDED FOR THE GRANT FUNDS WITH THEIR ACTUALS. THE REPORTS ARE MAINLY DONE ON A QUARTERLY BASIS OR WHEN FUNDS ARE NEEDED FOR REIMBURSEMENT PER THE GRANT AGREEMENT. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | X | CompensationCommittee |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (2 entries)
| TitleTitle | Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RITA ATHAS | ||||||||||||||
| PRESIDENT | 182411 | 0 | 0 | 0 | 0 | 0 | 5550 | 0 | 7583 | 0 | 195544 | 0 | 0 | 0 |
| CAROLYN PHILLIPS | ||||||||||||||
| DIRECTOR OF STRATEGIC INIT | 147595 | 0 | 0 | 0 | 0 | 0 | 4464 | 0 | 7012 | 0 | 159071 | 0 | 0 | 0 |
Schedule M IRS990ScheduleM
Food Inventory FoodInventory
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 14 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 139714 | NoncashContribsRptdF990 |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | COMPUTER SOFTWARE | Description |
| Number Of Contributions | 1 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 36738 | NoncashContribsRptdF990 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | NORTH ATLANTIC TRADE ORGANIZATION EVENT - WBC WAS RESPONSIBLE FOR THE ORGANIZATION AND PRODUCTION OF CERTAIN EVENTS IN CONNECTION WITH MEETINGS CONDUCTED BY THE NORTH ATLANTIC TREATY ORGANIZATION HELD IN CHICAGO IN MAY 2012. THE CONFERENCE WAS A ONE-TIME EVENT FOR WBC AND ALL SUBSTANTIAL PROGRAM SERVICES WERE COMPLETED DURING 2012. THERE WERE ONLY ADMINISTRATIVE ITEMS REMAINING AT THE END OF 2012. |
| FORM 990, PART VI, SECTION A, LINE 4 | THE ORGANIZATION CHANGED ITS BYLAWS TO ALLOW FOR ADDITIONAL DIRECTORS RANGING FROM 63 TO 68. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE WORLD BUSINESS CHICAGO EXECUTIVE COMMITTEE REVIEWS THE FORM 990 AND VOTES ON WHETHER OR NOT TO APPROVE THE DOCUMENT. THE EXECUTIVE COMMITTEE ALSO DISCUSSES THE CONTENTS WITH THE FULL BOARD OF DIRECTORS. ALL MEMBERS OF THE BOARD OF DIRECTORS RECEIVE A COPY OF FORM 990 PRIOR TO ITS FILING. | |
| FORM 990, PART VI, SECTION B, LINE 12C | WORLD BUSINESS CHICAGO HAS A WRITTEN CONFLICT OF INTEREST POLICY. EACH YEAR, BOARD MEMBERS ARE ASKED TO DISCLOSE ANY CONFLICTS. | |
| FORM 990, PART VI, SECTION B, LINE 15 | DURING 2009, A MEMBER OF THE EXECUTIVE COMMITTEE RESEARCHED THE SALARIES AT ORGANIZATIONS WITH SIMILAR SIZE AND SCOPE TO DETERMINE IF CURRENT SALARIES ARE REASONABLE. IN FUTURE COMPENSATION ADJUSTMENTS, THE EXECUTIVE COMMITTEE WILL REVIEW AND APPROVE THE SALARIES OF THE PRESIDENT AND ANY OFFICERS OR HIGHLY COMPENSATED EMPLOYEES. | |
| FORM 990, PART VI, SECTION C, LINE 19 | WORLD BUSINESS CHICAGO (WBC) ADOPTED A TRANSPARENCY POLICY WHICH STATES THAT ANNUALLY, WBC WILL MAKE PUBLIC A COPY OF ITS AUDITED GAAP FINANCIAL STATEMENTS. 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 ON ADVOCACY). WBC ALSO PUBLISHES AN ANNUAL REPORT ON ITS WEBSITE WHICH CONTAINS FINANCIAL STATEMENTS. THE WEBSITE ALSO CONTAINS MINUTES FROM BOARD MEETINGS. | |
| FORM 990, PART VI, LINE 1 - GOVERNING BODY: | THE ORGANIZATION REVISED ITS BY-LAWYS DURING 2012 TO INCREASE THE NUMBER OF BOARD DIRECTORS TO A RANGE FROM 63 TO 68. AS OF DECEMBER 31 2012, THE BOARD WAS COMPRISED OF 61 MEMBERS, HOWEVER, THE ORGANIZATION WAS IN THE PROCESS OF SELECTING ADDITIONAL INDIVIDUALS TO JOIN THE BOARD. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 9: | LOSS ON 2011 GOVERNMENT AGENCY GRANTS FOR CHICAGO CAREER TECH -3,935,609. |