WORLD BUSINESS CHICAGO: Form 990, tax year 2010

View the entire original 990 at ProPublica ↗

Organization: WORLD BUSINESS CHICAGO (EIN 36-4313685)
Tax period: 2010-01-01 to 2010-12-31
Filed: 2011-11-08
IRS object ID: 201103129349302300
Schema version: 2010v3.4
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
Form 990
Schedule A
Schedule B
Schedule D
Schedule J
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2011-11-08T14:43:56-06:00	Timestamp
Tax Period End Date	2010-12-31	TaxPeriodEndDate

Preparer Firm PreparerFirm

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 1	AddressLine1
City	CHICAGO	City
State	IL	State
ZIP Code	606115313	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2010-01-01	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	RITA ATHAS	Name
Title	PRESIDENT	Title
Phone	3125530500	Phone
Date Signed	2011-11-08	DateSigned
Authorize Third Party	1	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	LARRY SOPHIAN	Name
Phone	3126707444	Phone
Date Prepared	2011-10-31	DatePrepared

Field	Value	IRS element (for citing)
Tax Year	2010	TaxYear
Build TS	2016-03-07 17:11:31Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	RITA ATHAS	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	11090079	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, AN ECONOMIC DEVELOPMENT ORGANIZATION, MARKETS CHICAGO'S COMPETITIVE ADVANTAGES, COORDINATES BUSINESS RETENTION, AND ENHANCES CHICAGO'S BUSINESS FRIENDLY ENVIRONMENT.	ActivityOrMissionDescription
Nbr Voting Members Governing Body	21	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	21	NbrIndependentVotingMembers
Total Nbr Employees	24	TotalNbrEmployees
Total Nbr Volunteers	0	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Net Unrelated Business Txbl Income	0	NetUnrelatedBusinessTxblIncome
Contributions Grants Prior Year	2230000	ContributionsGrantsPriorYear
Contributions Grants Current Year	11024197	ContributionsGrantsCurrentYear
Program Service Revenue Prior Year	0	ProgramServiceRevenuePriorYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	6708	InvestmentIncomePriorYear
Investment Income Current Year	2122	InvestmentIncomeCurrentYear
Other Revenue Prior Year	72137	OtherRevenuePriorYear
Other Revenue Current Year	63760	OtherRevenueCurrentYear
Total Revenue Prior Year	2308845	TotalRevenuePriorYear
Total Revenue Current Year	11090079	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	0	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	0	GrantsAndSimilarAmntsCY
Benefits Paid To Members Prior Year	0	BenefitsPaidToMembersPriorYear
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Prior Year	1490029	SalariesEtcPriorYear
Salaries Etc Current Year	1562269	SalariesEtcCurrentYear
Total Prof Fundrsng Exp Prior Year	0	TotalProfFundrsngExpPriorYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	177402	TotalFundrsngExpCurrentYear
Other Expense Prior Year	774987	OtherExpensePriorYear
Other Expenses Current Year	4967378	OtherExpensesCurrentYear
Total Expenses Prior Year	2265016	TotalExpensesPriorYear
Total Expenses Current Year	6529647	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	43829	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	4560432	RevenuesLessExpensesCY
Total Assets BOY	2922398	TotalAssetsBOY
Total Assets EOY	7557843	TotalAssetsEOY
Total Liabilities BOY	98428	TotalLiabilitiesBOY
Total Liabilities EOY	173441	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	2823970	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	7384402	NetAssetsOrFundBalancesEOY
Info In Schedule O Part III	X	InfoInScheduleOPartIII
Mission Description	WORLD BUSINESS CHICAGO ENHANCES CHICAGO'S ECONOMY THROUGH THE GROWTH OF THE PRIVATE SECTOR, BUILDING THE BEST CITY IN THE WORLD IN WHICH TO LIVE, WORK, AND PLAY. WBC COORDINATES THE CITY'S BUSINESS RETENTION AND ATTRACTION EFFORTS, RAISES CHICAGO'S PROFILE AS A PRIME BUSINESS LOCATION, AND SERVES AS A RESOURCE FOR COMPANIES. THE STAFF NAVIGATES THE SITE SELECTION PROCESS FOR BUSINESSES BY PROVIDING ECONOMIC AND INDUSTRY DATA, SITE LOCATION ASSISTANCE, STATE AND LOCAL INCENTIVE INFORMATION, AND BRINGING TOGETHER KEY PARTIES IN THE PUBLIC AND PRIVATE SECTORS TO SPUR AND ACCELERATE ECONOMIC GROWTH.	MissionDescription
Significant New Program Services	1	SignificantNewProgramServices
Significant Change	0	SignificantChange
Expense	1898174	Expense
Description	PROMOTING CHICAGO AS A BUSINESS LOCATION. LEADING ANDCOORDINATING THE ECONOMIC DEVELOPMENT OF CHICAGO.	Description

Activity2 Activity2

Field	Value	IRS element (for citing)
Expense	3834327	Expense
Description	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.	Description

Field	Value	IRS element (for citing)
Total Program Service Expense	5732501	TotalProgramServiceExpense
Described In501 C3	1	DescribedIn501C3
Schedule B Required	1	ScheduleBRequired
Political Activities	0	PoliticalActivities
Lobbying Activities	0	LobbyingActivities
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	0	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
Transaction Related Entity	0	TransactionRelatedEntity
Transfers To Exempt Non Chrtbl Org	0	TransfersToExemptNonChrtblOrg
Activities Conducted Partnership	0	ActivitiesConductedPartnership
Schedule O Required	1	ScheduleORequired
Number Forms Transmitted With1096	14	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	1	ComplianceWithBackupWitholding
Number Of Employees	24	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	21	NbrVotingGoverningBodyMembers
Number Independent Voting Members	21	NumberIndependentVotingMembers
Family Or Business Relationship	0	FamilyOrBusinessRelationship
Delegation Of Management Duties	0	DelegationOfManagementDuties
Changes To Organizing Docs	0	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
Other Website	X	OtherWebsite
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 (28 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
MAYOR RICHARD M DALEY
CHAIRMAN	1.00	X	0	0	0
MICHAEL D O'HALLERAN
CO-CHAIRMAN	1.00	X	0	0	0
GREGORY BROWN
DIRECTOR	1.00	X	0	0	0
CRAIG J DUCHOSSOIS
DIRECTOR	1.00	X	0	0	0
MELLODY HOBSON
DIRECTOR	1.00	X	0	0	0
GLENN F TILTON
DIRECTOR	1.00	X	0	0	0
MICHAEL H MOSKOW
DIRECTOR	1.00	X	0	0	0
JOHN W ROWE
DIRECTOR	1.00	X	0	0	0
WILLIAM WRIGLEY JR
DIRECTOR	1.00	X	0	0	0
JAMES BELL
DIRECTOR	1.00	X	0	0	0
THOMAS MOTAMED
DIRECTOR	1.00	X	0	0	0
JAMES SKOGSBERGH
DIRECTOR	1.00	X	0	0	0
WILLIAM M DALEY
DIRECTOR	1.00	X	0	0	0
TERRENCE DUFFY
DIRECTOR	1.00	X	0	0	0
DEBORAH DEHAAS
DIRECTOR	1.00	X	0	0	0
DEBRA CAFARO
DIRECTOR	1.00	X	0	0	0
GEORGE FARR VEOLIA
DIRECTOR	1.00	X	0	0	0
DANIEL HAMBURGER
DIRECTOR	1.00	X	0	0	0
PAUL LAUDICINA
DIRECTOR	1.00	X	0	0	0
JOHN E ROONEY - TERM
DIRECTOR	1.00	X	0	0	0
PAT RYAN - TERM
DIRECTOR	1.00	X	0	0	0
CARRIE SIMMONS
DIRECTOR OF OPERATIONS	40.00		87647	0	10242	X
RITA ATHAS
PRESIDENT	45.00		182411	0	10084	X
DENNIS VICCHIARELLI
MANAGING DIRECTOR	45.00		113780	0	7545		X
ADRIENNE BELL
DIRECTOR OF MARKETING	40.00		124911	0	16187		X
EVANS LYNE
DIRECTOR OF TECHNOLOGY DEVELOPMENT	40.00		102411	0	13196		X
CAROLYN PHILLIPS
DIR. OF STRATEGIC INITIATIVES	40.00		147595	0	9102		X
MARIE LYNCH
EXEC. DIR. CHICAGO CAREER TECH	45.00		159794	0	12771		X

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	918549	TotalReportableCompFromOrg
Total Reportable Comp Frm Rltd Orgs	0	TotalReportableCompFrmRltdOrgs
Total Other Compensation	79127	TotalOtherCompensation
Number Individuals GT100 K	6	NumberIndividualsGT100K
Formers Listed	0	FormersListed
Total Comp GT150 K	1	TotalCompGT150K
Compensation From Other Sources	0	CompensationFromOtherSources
Number Of Contractors GT100 K	0	NumberOfContractorsGT100K
Government Grants	9581748	GovernmentGrants
All Other Contributions	1442449	AllOtherContributions
Noncash Contributions	27349	NoncashContributions
Total Contributions	11024197	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	2122	TotalRevenueColumn
Exclusion	$2,122	ExclusionAmount

Other Revenue Misc OtherRevenueMisc

Field	Value	IRS element (for citing)
Description	SUBLEASE INCOME	Description
Business Code	900099	BusinessCode
Total Revenue Column	63760	TotalRevenueColumn
Exclusion	$63,760	ExclusionAmount

Field	Value	IRS element (for citing)
Total Other Revenue	63760	TotalOtherRevenue

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	11090079	TotalRevenueColumn
Related Or Exempt Function Income	0	RelatedOrExemptFunctionIncome
Unrelated Business Revenue	0	UnrelatedBusinessRevenue
Exclusion	$65,882	ExclusionAmount

Comp Current Officers Directors CompCurrentOfficersDirectors

Field	Value	IRS element (for citing)
Total	290384	Total
Program Services	184875	ProgramServices
Management And General	79127	ManagementAndGeneral
Fundraising	26382	Fundraising

Other Salaries And Wages OtherSalariesAndWages

Field	Value	IRS element (for citing)
Total	1051082	Total
Program Services	893933	ProgramServices
Management And General	142889	ManagementAndGeneral
Fundraising	14260	Fundraising

Pension Plan Contributions PensionPlanContributions

Field	Value	IRS element (for citing)
Total	27936	Total
Management And General	27936	ManagementAndGeneral

Other Employee Benefits OtherEmployeeBenefits

Field	Value	IRS element (for citing)
Total	104077	Total
Program Services	49106	ProgramServices
Management And General	53968	ManagementAndGeneral
Fundraising	1003	Fundraising

Payroll Taxes PayrollTaxes

Field	Value	IRS element (for citing)
Total	88790	Total
Program Services	71920	ProgramServices
Management And General	14206	ManagementAndGeneral
Fundraising	2664	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	71647	Total
Program Services	57847	ProgramServices
Management And General	13300	ManagementAndGeneral
Fundraising	500	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	106618	Total
Program Services	106036	ProgramServices
Management And General	582	ManagementAndGeneral

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	33036	Total
Program Services	24809	ProgramServices
Management And General	7372	ManagementAndGeneral
Fundraising	855	Fundraising

Information Technology InformationTechnology

Field	Value	IRS element (for citing)
Total	50614	Total
Program Services	40501	ProgramServices
Management And General	8730	ManagementAndGeneral
Fundraising	1383	Fundraising

Occupancy Occupancy

Field	Value	IRS element (for citing)
Total	222548	Total
Program Services	180264	ProgramServices
Management And General	35607	ManagementAndGeneral
Fundraising	6677	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	22550	Total
Program Services	20993	ProgramServices
Management And General	1557	ManagementAndGeneral

Depreciation Depletion DepreciationDepletion

Field	Value	IRS element (for citing)
Total	35690	Total
Program Services	28909	ProgramServices
Management And General	5710	ManagementAndGeneral
Fundraising	1071	Fundraising

Insurance Insurance

Field	Value	IRS element (for citing)
Total	13282	Total
Program Services	2063	ProgramServices
Management And General	11143	ManagementAndGeneral
Fundraising	76	Fundraising

Other Expenses OtherExpenses (5 entries)

DescriptionDescription	TotalTotal	Program ServicesProgramServices	Management And GeneralManagementAndGeneral	FundraisingFundraising
CHICAGO CAREER TECH	4158710	3834327	202679	121704
PUBLIC RELATIONS	60413	60413
ECONOMIC DEVELOPMENT	44550	44550
INT'L TRAVEL INITIATIVE	37532	37196	336
RESEARCH	35358	35358

All Other Expenses AllOtherExpenses

Field	Value	IRS element (for citing)
Total	74830	Total
Program Services	59401	ProgramServices
Management And General	14602	ManagementAndGeneral
Fundraising	827	Fundraising

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	6529647	Total
Program Services	5732501	ProgramServices
Management And General	619744	ManagementAndGeneral
Fundraising	177402	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	2219743	BOY
EOY	6209396	EOY

Pledges And Grants Receivable PledgesAndGrantsReceivable

Field	Value	IRS element (for citing)
BOY	575000	BOY
EOY	1228065	EOY

Accounts Receivable AccountsReceivable

Field	Value	IRS element (for citing)
BOY	9535	BOY
EOY	4386	EOY

Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges

Field	Value	IRS element (for citing)
BOY	11047	BOY
EOY	13843	EOY

Field	Value	IRS element (for citing)
Land Buildings Equipment Basis	1387036	LandBuildingsEquipmentBasis
Land Bldg Equipment Accum Deprec	1285883	LandBldgEquipmentAccumDeprec

Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet

Field	Value	IRS element (for citing)
BOY	107073	BOY
EOY	101153	EOY

Other Assets Total OtherAssetsTotal

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	1000	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	2922398	BOY
EOY	7557843	EOY

Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses

Field	Value	IRS element (for citing)
BOY	89170	BOY
EOY	170612	EOY

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
BOY	9258	BOY
EOY	2829	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	98428	BOY
EOY	173441	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	2608970	BOY
EOY	7038085	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	215000	BOY
EOY	346317	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2823970	BOY
EOY	7384402	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	2922398	BOY
EOY	7557843	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	4560432	ReconcilationRevenueExpenses
Reconcilation Other Changes	0	ReconcilationOtherChanges
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	0	AccountantCompileOrReview
FS Audited	1	FSAudited
Audit Committee	1	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
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	3195235	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1951250	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2140000	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2045000	CurrentTaxYearMinus1Year
Current Tax Year	10996848	CurrentTaxYear
Total	20328333	Total

Total170 Total170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	3195235	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	1951250	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2140000	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	2045000	CurrentTaxYearMinus1Year
Current Tax Year	10996848	CurrentTaxYear
Total	20328333	Total

Field	Value	IRS element (for citing)
Amounts Subst Contributors Total	459113	AmountsSubstContributorsTotal
Public Support Total170	19869220	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	29994	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	29940	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	17527	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	6708	CurrentTaxYearMinus1Year
Current Tax Year	2122	CurrentTaxYear
Total	86291	Total

Other Income170 OtherIncome170

Field	Value	IRS element (for citing)
Current Tax Year Minus3 Years	57992	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	72949	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	72137	CurrentTaxYearMinus1Year
Current Tax Year	63760	CurrentTaxYear
Total	266838	Total

Field	Value	IRS element (for citing)
Total Support	20681462	TotalSupport
Public Support Pertcentage170	0.96070	PublicSupportPertcentage170
Public Support Pertcent Prior Year	0.97010	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	537298	OtherCostOrOtherBasis
Depreciation	537298	Depreciation
Book Value	0	BookValue

Equipment Equipment

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	275416	OtherCostOrOtherBasis
Depreciation	245789	Depreciation
Book Value	29627	BookValue

Other Land Buildings OtherLandBuildings

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	574322	OtherCostOrOtherBasis
Depreciation	502796	Depreciation
Book Value	71526	BookValue

Field	Value	IRS element (for citing)
Total Of Book Value Land Buildings	101153	TotalOfBookValueLandBuildings

Other Liabilities OtherLiabilities

Field	Value	IRS element (for citing)
Description	DEFERRED RENT	Description
Amount	$2,829	Amount

Field	Value	IRS element (for citing)
Total Of Amounts	2829	TotalOfAmounts
Total Revenue	11090079	TotalRevenue
Total Expenses	6529647	TotalExpenses
Excess Or Deficit For Year	4560432	ExcessOrDeficitForYear
Total Adjustments	0	TotalAdjustments
Excess Or Deficit Per FS	4560432	ExcessOrDeficitPerFS
Tot Revenue Etc Audited Fincl Stmt	11558578	TotRevenueEtcAuditedFinclStmt
Donated Srvc And Use Of Facilities	468499	DonatedSrvcAndUseOfFacilities
Revenue Not Rptd F990	468499	RevenueNotRptdF990
Revenue Subtotal	11090079	RevenueSubtotal
Revenue Not Rptd On Fin Stmt	0	RevenueNotRptdOnFinStmt
Total Revenue Per Form990	11090079	TotalRevenuePerForm990
Tot Expenses Etc Audited Fincl Stmt	6998146	TotExpensesEtcAuditedFinclStmt
Donated Services Use Of Facilities	468499	DonatedServicesUseOfFacilities
Expenses Not Rptd F990	468499	ExpensesNotRptdF990
Expenses Subtotal	6529647	ExpensesSubtotal
Expenses Not Rptd On Fin Stmt	0	ExpensesNotRptdOnFinStmt
Total Expenses Per Form990	6529647	TotalExpensesPerForm990

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 (3 entries)

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
182411	0	0	0	0	0	5550	0	4534	0	192495	0	0	0
CAROLYN PHILLIPS
147595	0	0	0	0	0	4464	0	4638	0	156697	0	0	0
MARIE LYNCH
159794	0	0	0	0	0	3323	0	9448	0	172565	0	0	0

Schedule M IRS990ScheduleM

Other Non Cash Contributions Table OtherNonCashContributionsTable

Field	Value	IRS element (for citing)
Non Cash Checkbox	X	NonCashCheckbox
Description	OFF THE SHELF SOFTWARE	Description
Number Of Contributions	1	NumberOfContributions
Noncash Contribs Rptd F990	27349	NoncashContribsRptdF990
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenues

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 (7 entries)

IdentifierIdentifier	Return ReferenceReturnReference	ExplanationExplanation
NEW PROGRAM SERVICES	FORM 990, PART III, LINE 2	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.
FORM 990, PART VI, SECTION B, LINE 11		WORLD BUSINESS CHICAGO'S EXECUTIVE COMMITTEE WILL REVIEW THE FORM 990 EACH YEAR, DISCUSS ITS CONTENTS WITH THE BOARD OF DIRECTORS, AND VOTE TO APPROVE THE CONTENTS THEREOF.
	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 2010 AND IN FUTURE COMPENSATION ADJUSTMENTS, THE EXECUTIVE COMMITTEE REVIEWS AND APPROVES THE SALARIES OF THE PRESIDENT AND ANY OFFICERS OR HIGHLY COMPENSATED EMPLOYEES.
	FORM 990, PART VI, SECTION C, LINE 19	WORLD BUSINESS CHICAGO DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BEYOND THE INFORMATION DISCLOSED ON WWW.GUIDESTAR.ORG.
WHISTLEBLOWER POLICY	PART VI, SECTION B, LINE 13	WORLD BUSINESS CHICAGO IS DEVELOPING A WRITTEN WHISTLEBLOWER POLICY FOR BOARD APPROVAL IN 2011 AND WILL BE IN COMPLIANCE FOR THE YEAR ENDED DECEMBER 31, 2011.
DOCUMENT RETENTION AND DESTRUCTION POLICY	PART VI, SECTION B, LINE 14	WORLD BUSINESS CHICAGO IS DEVELOPING A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY IN 2011 AND WILL BE IN COMPLIANCE FOR THE YEAR ENDED DECEMBER 31, 2011.