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WORLD BUSINESS CHICAGO: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
WORLD BUSINESS CHICAGO (EIN 36-4313685)
Tax period
2024-01-01 to 2024-12-31
Filed
2026-05-14
IRS object ID
202601349349305675
Schema version
2024v5.5
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)
Return2026-05-14T13:09:47-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN390859910PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BAKER TILLY ADVISORY GROUP LPBusinessNameLine1Txt

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 Begin2024-01-01TaxPeriodBeginDt

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 Line1180 NORTH LASALLE STREET 2505AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPHILIP CLEMENTPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone3125530500PhoneNum
Signature2026-05-11SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK HEROUXPreparerPersonNm
PTINP00959793PTIN
Phone3127298000PhoneNum
Preparation2026-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPHILIP CLEMENTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1180 NORTH LASALLE STREET SUITE 2505AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,277,876GrossReceiptsAmt
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 Body99VotingMembersGoverningBodyCnt
Voting Members Independent99VotingMembersIndependentCnt
Total Employee62TotalEmployeeCnt
Total Volunteers710TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$12,401,001PYContributionsGrantsAmt
CY Contributions Grants$8,588,768CYContributionsGrantsAmt
PY Program Service Revenue$864,230PYProgramServiceRevenueAmt
CY Program Service Revenue$1,268,974CYProgramServiceRevenueAmt
PY Investment Income$67,837PYInvestmentIncomeAmt
CY Investment Income$106,806CYInvestmentIncomeAmt
PY Other Revenue-$200,385PYOtherRevenueAmt
CY Other Revenue-$116,746CYOtherRevenueAmt
PY Total Revenue$13,132,683PYTotalRevenueAmt
CY Total Revenue$9,847,802CYTotalRevenueAmt
PY Grants And Similar Paid$529,250PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$27,585CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$5,756,882PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,526,668CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$65,000CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$470,023CYTotalFundraisingExpenseAmt
PY Other Expenses$7,198,098PYOtherExpensesAmt
CY Other Expenses$3,670,477CYOtherExpensesAmt
PY Total Expenses$13,484,230PYTotalExpensesAmt
CY Total Expenses$9,289,730CYTotalExpensesAmt
PY Revenues Less Expenses-$351,547PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$558,072CYRevenuesLessExpensesAmt
Total Assets BOY$11,676,169TotalAssetsBOYAmt
Total Assets EOY$12,113,893TotalAssetsEOYAmt
Total Liabilities BOY$3,986,591TotalLiabilitiesBOYAmt
Total Liabilities EOY$3,666,894TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$7,689,578NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$8,446,999NetAssetsOrFundBalancesEOYAmt
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$7,175,437ExpenseAmt
Grant$27,585GrantAmt
Revenue$1,268,974RevenueAmt
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$7,175,437TotalProgramServiceExpensesAmt
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 AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
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 Document322IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee62EmployeeCnt
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members99GoverningBodyVotingMembersCnt
Independent Voting Member99IndependentVotingMemberCnt
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 Body0Form990ProvidedToGvrnBodyInd
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
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CARRIE SIMMONSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3125530500PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1180 NORTH LASALLE STREET SUITE 2505AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60601ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (126 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
BRANDON JOHNSON
CHAIR0.25Yes (X)Yes (X)$0$0$0
LORI E LIGHTFOOT
FORMER CHAIR0.25Yes (X)Yes (X)$0$0$0
CHARLES SMITH
VICE CHAIR0.25Yes (X)$0$0$0
MICHAEL MORKIN
SECRETARY0.50Yes (X)Yes (X)$0$0$0
ARLA LACH
TREASURER0.50Yes (X)Yes (X)$0$0$0
DAVID ANDALCIO
DIRECTOR0.25Yes (X)$0$0$0
RITA ATHAS
EX OFFICIO DIRECTOR0.25Yes (X)$0$0$0
CURT R BAILEY
DIRECTOR0.25Yes (X)$0$0$0
GREG BEDALOV
EX OFFICIO DIRECTOR0.25Yes (X)$0$0$0
MARC BAUMANN
FORMER DIRECTOR0.25Yes (X)$0$0$0
HARDIK BHATT
DIRECTOR0.25Yes (X)$0$0$0
KAREN BRENNAN
DIRECTOR0.25Yes (X)$0$0$0
ROZ BREWER
FORMER DIRECTOR0.25Yes (X)$0$0$0
ROBERT BRONSTEIN
FORMER DIRECTOR0.25Yes (X)$0$0$0
GREG BROWN
DIRECTOR0.25Yes (X)$0$0$0
ELIZABETH BUCHANAN
DIRECTOR0.25Yes (X)$0$0$0
JOHN BUCK
FORMER DIRECTOR0.25Yes (X)$0$0$0
MARTIN CABRERA
DIRECTOR0.25Yes (X)$0$0$0
GREGORY C CASE
DIRECTOR0.25Yes (X)$0$0$0
DAVE CASPER
FORMER DIRECTOR0.25Yes (X)$0$0$0
HOWARD CHRISMAN
DIRECTOR0.25Yes (X)$0$0$0
FRANCO CISTERNINO
DIRECTOR0.25Yes (X)$0$0$0
KEVIN COLE
DIRECTOR0.25Yes (X)$0$0$0
KEVIN CONSIDINE
EX OFFICIO DIRECTOR0.25Yes (X)$0$0$0
ALANNA COTTON
DIRECTOR0.25Yes (X)$0$0$0
STEPHANIE CURULEWSKI
DIRECTOR0.25Yes (X)$0$0$0
JAMES S CROWN
FORMER DIRECTOR0.25Yes (X)$0$0$0
WENDELL DALLAS
DIRECTOR0.25Yes (X)$0$0$0
KYLE DEGIULIO
DIRECTOR0.25Yes (X)$0$0$0
DAVE DOHNALEK
FORMER DIRECTOR0.25Yes (X)$0$0$0
DONALD EDWARDS
FORMER DIRECTOR0.25Yes (X)$0$0$0
JOE ERLINGER
DIRECTOR0.25Yes (X)$0$0$0
DR OPELLA ERNEST
DIRECTOR0.25Yes (X)$0$0$0
JOHN ETTELSON
FORMER DIRECTOR0.25Yes (X)$0$0$0
GRAHAM GRADY
DIRECTOR0.25Yes (X)$0$0$0
KELLY GRAVES
DIRECTOR0.25Yes (X)$0$0$0
RAJ GUPTA
FORMER DIRECTOR0.25Yes (X)$0$0$0
DARRELL HACKETT
DIRECTOR0.25Yes (X)$0$0$0
NINA HARDING
DIRECTOR0.25Yes (X)$0$0$0
DEAN HARRISON
FORMER DIRECTOR0.25Yes (X)$0$0$0
BRETT HART
DIRECTOR0.25Yes (X)$0$0$0
LORI E HEALEY
DIRECTOR0.25Yes (X)$0$0$0
TORRENCE HINTON
DIRECTOR0.25Yes (X)$0$0$0
JOHN M HOLMES
DIRECTOR0.25Yes (X)$0$0$0
MARK HOPLAMAZIAN
DIRECTOR0.25Yes (X)$0$0$0
MARK A HOPPE
FORMER DIRECTOR0.25Yes (X)$0$0$0
ZACHERY HOUSE
DIRECTOR0.25Yes (X)$0$0$0
PAUL HSU
DIRECTOR0.25Yes (X)$0$0$0
GREG HUGHES
DIRECTOR0.25Yes (X)$0$0$0
TRAVIS HUNTER JR
DIRECTOR0.25Yes (X)$0$0$0
LINDA IMONTI
FORMER DIRECTOR0.25Yes (X)$0$0$0
JAIME LM JONES
DIRECTOR0.25Yes (X)$0$0$0
STEVEN A KERSTEN
DIRECTOR0.25Yes (X)$0$0$0
DAVE KIMBELL
DIRECTOR0.25Yes (X)$0$0$0
KIP KIRKPATRICK
DIRECTOR0.25Yes (X)$0$0$0
GREG KLAMRZYNSKI
DIRECTOR0.25Yes (X)$0$0$0
JOHN KOUDOUNIS
DIRECTOR0.25Yes (X)$0$0$0
ASHISH LAL
DIRECTOR0.25Yes (X)$0$0$0
RYAN LARISON
DIRECTOR0.25Yes (X)$0$0$0
ERIC LEFKOFSKY
DIRECTOR0.25Yes (X)$0$0$0
FABIANO LIMA
DIRECTOR0.25Yes (X)$0$0$0
TONY MAGGIORE
DIRECTOR0.25Yes (X)$0$0$0
JEFFREY MALEHORN
EX OFFICIO DIRECTOR0.25Yes (X)$0$0$0
JAMES MANTANKY
FORMER DIRECTOR0.25Yes (X)$0$0$0
CRAIG MARTIN
DIRECTOR0.25Yes (X)$0$0$0
CHRISTINA MEITUS
DIRECTOR0.25Yes (X)$0$0$0
MICHAEL H MOSKOW
DIRECTOR0.25Yes (X)$0$0$0
KAREN MURPHY
DIRECTOR0.25Yes (X)$0$0$0
MARTIN H NESBITT
FORMER DIRECTOR0.25Yes (X)$0$0$0
PIN NI
DIRECTOR0.25Yes (X)$0$0$0
DIA NICHOLS
DIRECTOR0.25Yes (X)$0$0$0
MICHAEL O'GRADY
DIRECTOR0.25Yes (X)$0$0$0
FRANK PASQUESI
DIRECTOR0.25Yes (X)$0$0$0
LUKE PETHERBRIDGE
DIRECTOR0.25Yes (X)$0$0$0
JOSE LUIS PRADO
DIRECTOR0.25Yes (X)$0$0$0
RICHARD S PRICE
DIRECTOR0.25Yes (X)$0$0$0
GIL C QUINIONES
DIRECTOR0.25Yes (X)$0$0$0
JAIME REDMOND
DIRECTOR0.25Yes (X)$0$0$0
DAVID REIFMAN
DIRECTOR0.25Yes (X)$0$0$0
MICHAEL REINSDORF
DIRECTOR0.25Yes (X)$0$0$0
JIM REYNOLDS
DIRECTOR0.25Yes (X)$0$0$0
ROBBERT RIETBROEK
FORMER DIRECTOR0.25Yes (X)$0$0$0
JOHN C ROBAK
DIRECTOR0.25Yes (X)$0$0$0
DESIREE ROGERS
DIRECTOR0.25Yes (X)$0$0$0
LIOR RON
DIRECTOR0.25Yes (X)$0$0$0
KRISTEN ROSSI
DIRECTOR0.25Yes (X)$0$0$0
DAN RYAN
FORMER DIRECTOR0.25Yes (X)$0$0$0
MICHAEL J SACKS
DIRECTOR0.25Yes (X)$0$0$0
KAREN SAUDER
DIRECTOR0.25Yes (X)$0$0$0
KATHY SCHERER
DIRECTOR0.25Yes (X)$0$0$0
JENNIFER SCANLON
FORMER DIRECTOR0.25Yes (X)$0$0$0
ERIC SEDLER
DIRECTOR0.25Yes (X)$0$0$0
SMITA SHAH
DIRECTOR0.25Yes (X)$0$0$0
JEFF SHAPACK
DIRECTOR0.25Yes (X)$0$0$0
JON SHULKIN
DIRECTOR0.25Yes (X)$0$0$0
RYAN SMITH
DIRECTOR0.25Yes (X)$0$0$0
MARC F SPERBER
DIRECTOR0.25Yes (X)$0$0$0
JAMES SPRAYREGEN
DIRECTOR0.25Yes (X)$0$0$0
JENNIFER STEANS
DIRECTOR0.25Yes (X)$0$0$0
MARK SULLIVAN
DIRECTOR0.25Yes (X)$0$0$0
SCOTT C SWANSON
DIRECTOR0.25Yes (X)$0$0$0
MARK TEBBE
DIRECTOR0.25Yes (X)$0$0$0
DONALD THOMPSON
DIRECTOR0.25Yes (X)$0$0$0
WADE THOMSON
DIRECTOR0.25Yes (X)$0$0$0
EDWARD TILLY
FORMER DIRECTOR0.25Yes (X)$0$0$0
LAURA THONN
DIRECTOR0.25Yes (X)$0$0$0
JUDY TOLAND
DIRECTOR0.25Yes (X)$0$0$0
JEFF TOROSIAN
DIRECTOR0.25Yes (X)$0$0$0
ELIZABETH TULACH
DIRECTOR0.25Yes (X)$0$0$0
GLEN TULLMAN
DIRECTOR0.25Yes (X)$0$0$0
JAMES TURNER
DIRECTOR0.25Yes (X)$0$0$0
GRANT C UHLIR
DIRECTOR0.25Yes (X)$0$0$0
JOHN R WEISS
DIRECTOR0.25Yes (X)$0$0$0
TIM WENTWORTH
DIRECTOR0.25Yes (X)$0$0$0
MELISSA WERNECK
DIRECTOR0.25Yes (X)$0$0$0
DON WILSON
DIRECTOR0.25Yes (X)$0$0$0
JASON WORTENDYKE
DIRECTOR0.25Yes (X)$0$0$0
ANDREA ZOPP
EX OFFICIO DIRECTOR0.25Yes (X)$0$0$0
MICHAEL FASSNACHT
EX OFFICIO DIRECTOR0.25Yes (X)Yes (X)$161,850$0$13,586
MELLODY HOBSON
DIRECTOR0.50Yes (X)Yes (X)$0$0$0
PHILIP CLEMENT
CEO & PRESIDENT45.00Yes (X)$228,201$0$26,096
CARRIE SIMMONS
VP OF OPERATIONS & HR45.00$150,844$0$35,024Yes (X)
ABIN KURIAKOSE
STRATEGY & INNOVATION CHIE45.00$152,086$0$22,008Yes (X)
KYLE SCHULZ
GROWTH CHIEF OFFICER45.00$154,522$0$16,988Yes (X)
ADRIENNE TONGATE
EVP GLOBAL STRATEGIC INITI45.00$143,844$0$37,434Yes (X)
ANDREW HAYES
SVP, CHIEF OF STAFF45.00$133,867$0$26,494Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,125,214TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$177,630TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
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
SHOW STRATEGY INC
222 MERCHANDISE MART PLZ STE 154CHICAGOIL60654POP-UP DESIGN & INSTALLATION$300,000
HUBBARD GALBRAITH LLC
211 EAST OHIO STREETCHICAGOIL60611ACCOUNTING & FINANCE$168,000
BILD GROUP LLC
207 EAST OHIO STREET SUITE 248CHICAGOIL60611IT SERVICES & IT EQUIP RENTAL$126,728
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Fundraising$534,487FundraisingAmt
Government Grants$3,108,840GovernmentGrantsAmt
All Other Contributions$4,945,441AllOtherContributionsAmt
Total Contributions$8,588,768TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
PROGRAM REVENUE-GCEP561499$668,033$668,033
PROGRAM REVENUE-CAST561499$459,309$459,309
CHICAGO SISTER CITIES561499$141,632$141,632
FieldValueIRS element (for citing)
Total Program Service Revenue$1,268,974TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$106,635TotalRevenueColumnAmt
Exclusion$106,635ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$171SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$171SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$171TotalRevenueColumnAmt
Exclusion$171ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$297,074FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$534,487ContriRptFundraisingEventAmt
Fundraising Direct Expenses$430,074FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$133,000TotalRevenueColumnAmt
Exclusion-$133,000ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business561499BusinessCd
Total Revenue Column$16,254TotalRevenueColumnAmt
Exclusion$16,254ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$16,254OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,847,802TotalRevenueColumnAmt
Related Or Exempt Func Income$1,268,974RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion-$9,940ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$27,585TotalAmt
Program Services$27,585ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$4,443,960TotalAmt
Program Services$3,392,363ProgramServicesAmt
Management And General$776,824ManagementAndGeneralAmt
Fundraising$274,773FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$105,985TotalAmt
Program Services$22,732ProgramServicesAmt
Management And General$77,463ManagementAndGeneralAmt
Fundraising$5,790FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$96,097TotalAmt
Program Services$88,863ProgramServicesAmt
Management And General$1,172ManagementAndGeneralAmt
Fundraising$6,062FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$526,974TotalAmt
Program Services$401,767ProgramServicesAmt
Management And General$97,715ManagementAndGeneralAmt
Fundraising$27,492FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$353,652TotalAmt
Program Services$269,507ProgramServicesAmt
Management And General$62,212ManagementAndGeneralAmt
Fundraising$21,933FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$322,979TotalAmt
Program Services$320,435ProgramServicesAmt
Management And General$1,922ManagementAndGeneralAmt
Fundraising$622FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$137,485TotalAmt
Program Services$27,497ProgramServicesAmt
Management And General$103,114ManagementAndGeneralAmt
Fundraising$6,874FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$221,978TotalAmt
Program Services$33,600ProgramServicesAmt
Management And General$179,978ManagementAndGeneralAmt
Fundraising$8,400FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$65,000TotalAmt
Fundraising$65,000FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$222,888TotalAmt
Program Services$192,220ProgramServicesAmt
Management And General$29,318ManagementAndGeneralAmt
Fundraising$1,350FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$244,855TotalAmt
Program Services$215,852ProgramServicesAmt
Management And General$22,272ManagementAndGeneralAmt
Fundraising$6,731FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$270,375TotalAmt
Program Services$137,252ProgramServicesAmt
Management And General$123,654ManagementAndGeneralAmt
Fundraising$9,469FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$614,619TotalAmt
Program Services$483,793ProgramServicesAmt
Management And General$98,841ManagementAndGeneralAmt
Fundraising$31,985FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$300,008TotalAmt
Program Services$264,649ProgramServicesAmt
Management And General$23,969ManagementAndGeneralAmt
Fundraising$11,390FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

FieldValueIRS element (for citing)
Total$71,745TotalAmt
Program Services$71,745ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$964,648TotalAmt
Program Services$964,648ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$29,652TotalAmt
Program Services$23,340ProgramServicesAmt
Management And General$4,769ManagementAndGeneralAmt
Fundraising$1,543FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$79,878TotalAmt
Program Services$62,875ProgramServicesAmt
Management And General$12,846ManagementAndGeneralAmt
Fundraising$4,157FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CHICAGO SISTER CITIES C$137,174$137,174
PROFESSIONAL DEVELOPMEN$68,045$37,110$26,590$4,345
PAYROLL SERVICES$2,148$430$1,611$107
BAD DEBT-$18,000-$18,000

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,289,730TotalAmt
Program Services$7,175,437ProgramServicesAmt
Management And General$1,644,270ManagementAndGeneralAmt
Fundraising$470,023FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,828,169BOYAmt
EOY$5,508,143EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,708,205BOYAmt
EOY$1,696,360EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,558,510BOYAmt
EOY$245,400EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$54,580BOYAmt
EOY$1,459,612EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$168,166BOYAmt
EOY$148,507EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$131,158LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$108,793LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$52,017BOYAmt
EOY$22,365EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$532,896BOYAmt
EOY$551,548EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,773,626BOYAmt
EOY$2,481,958EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,676,169BOYAmt
EOY$12,113,893EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$830,076BOYAmt
EOY$803,034EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$361,814BOYAmt
EOY$290,462EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,794,701BOYAmt
EOY$2,573,398EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,986,591BOYAmt
EOY$3,666,894EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,612,732BOYAmt
EOY$7,216,854EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$76,846BOYAmt
EOY$1,230,145EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$7,689,578BOYAmt
EOY$8,446,999EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,676,169BOYAmt
EOY$12,113,893EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$558,072ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$230,725PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$430,074OtherChangesInNetAssetsAmt
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 RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

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$6,385,413CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,050,376CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,327,603CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,401,001CurrentTaxYearMinus1YearAmt
Current Tax Year$8,588,768CurrentTaxYearAmt
Total$48,753,161TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,385,413CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$10,050,376CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,327,603CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$12,401,001CurrentTaxYearMinus1YearAmt
Current Tax Year$8,588,768CurrentTaxYearAmt
Total$48,753,161TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$48,753,161PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$42,758CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,272CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,420CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$67,837CurrentTaxYearMinus1YearAmt
Current Tax Year$106,806CurrentTaxYearAmt
Total$228,093TotalAmt
FieldValueIRS element (for citing)
Total Support$48,981,254TotalSupportAmt
Gross Receipts Rltd Activities$233,641GrossReceiptsRltdActivitiesAmt
Public Support CY1700.99530PublicSupportCY170Pct
Public Support PY1700.99570PublicSupportPY170Pct
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

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$131,158OtherCostOrOtherBasisAmt
Depreciation$108,793DepreciationAmt
Book Value$22,365BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$22,365TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
DEPOSITS$137,384
OTHER CURRENT ASSETS$101,864
LEASE ASSET$2,242,710
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,481,958TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescLEASE LIABILITYDesc
Amt$2,573,398Amt
FieldValueIRS element (for citing)
Total Liability$2,573,398TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$9,847,802TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$9,847,802RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$9,847,802TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$9,289,730TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$9,289,730ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,289,730TotalExpensesPerForm990Amt

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, 2024 AND 2023. 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

FieldValueIRS element (for citing)
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp

Organization Business Name OrganizationBusinessName

FieldValueIRS element (for citing)
Business Name Line1PJH AND ASSOCIATESBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line170 W MADISON ST SUITE 200AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60602ZIPCd
FieldValueIRS element (for citing)
ActivityCONSULTANT ON GALA FUNDRAISERActivityTxt
Fundraiser Control Of Funds0FundraiserControlOfFundsInd
Gross Receipts$805,650GrossReceiptsAmt
Retained By Contractor$65,000RetainedByContractorAmt
Net To Organization$740,650NetToOrganizationAmt
FieldValueIRS element (for citing)
Total Gross Receipts$805,650TotalGrossReceiptsAmt
Total Retained By Contractors$65,000TotalRetainedByContractorsAmt
Total Net To Organization$740,650TotalNetToOrganizationAmt

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GALAEvent1Nm
Gross Receipts Event1$831,561GrossReceiptsEvent1Amt
Charitable Contri Event1$534,487CharitableContriEvent1Amt
Gross Revenue Event1$297,074GrossRevenueEvent1Amt
Rent Facility Costs Event1$88,094RentFacilityCostsEvent1Amt
Food And Beverage Event1$183,256FoodAndBeverageEvent1Amt
Entertainment Event1$84,950EntertainmentEvent1Amt
Other Direct Expenses Event1$73,774OtherDirectExpensesEvent1Amt
Gross Receipts Total$831,561GrossReceiptsTotalAmt
Charitable Contributions Tot$534,487CharitableContributionsTotAmt
Gross Revenue Total Events$297,074GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$88,094RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$183,256FoodAndBeverageTotalEventsAmt
Entertainment Total Events$84,950EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$73,774OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$430,074DirectExpenseSummaryEventsAmt
Net Income Summary-$133,000NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1UNIVERSITY OF ILLINOIS FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1303 ST MARYS ROADAddressLine1Txt
CityCHAMPAIGNCityNm
State AbbreviationILStateAbbreviationCd
ZIP61820ZIPCd
FieldValueIRS element (for citing)
Recipient EIN376006007RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$25,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantSCHOLARSHIP SUPPORTPurposeOfGrantTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Substantiation RequiredYes (1)SubstantiationRequiredInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
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 (7 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
PHILIP CLEMENT
CEO & PRESIDENT$228,201$0$0$0$0$0$6,923$0$19,173$0$254,297$0$0$0
CARRIE SIMMONS
VP OF OPERATIONS & HR$150,844$0$0$0$0$0$5,492$0$29,532$0$185,868$0$0$0
ADRIENNE TONGATE
EVP GLOBAL STRATEGIC INITI$143,844$0$0$0$0$0$10,266$0$27,168$0$181,278$0$0$0
MICHAEL FASSNACHT
EX OFFICIO DIRECTOR$161,850$0$0$0$0$0$5,865$0$7,721$0$175,436$0$0$0
ABIN KURIAKOSE
STRATEGY & INNOVATION CHIE$152,086$0$0$0$0$0$3,210$0$18,798$0$174,094$0$0$0
KYLE SCHULZ
GROWTH CHIEF OFFICER$154,522$0$0$0$0$0$5,617$0$11,371$0$171,510$0$0$0
ANDREW HAYES
SVP, CHIEF OF STAFF$133,867$0$0$0$0$0$8,387$0$18,107$0$160,361$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 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 BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE EMPLOYEE CONFLICT POLICY IS OUTLINED IN THE ORGANIZATION'S EMPLOYEE HANDBOOK, WHICH ARE PROVIDED TO ALL EMPLOYEES WHEN THEY START. IF ANY EMPLOYEE BECOMES AWARE OF ANY POTENTIAL CONFLICTS THEY WOULD NOTIFY THE DIRECTOR OF HUMAN RESOURCES. THE DIRECTOR OF BOARD RELATIONS CIRCULATES CONFLICT STATEMENTS TO DIRECTORS WHEN THEY JOIN THE BOARD AND AGAIN ANNUALLY. THE COMPLETED STATEMENTS ARE 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 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.
FORM 990, PART VI, SECTION B, LINE 13 & 14 - POLICIES:DOCUMENT RETENTION AND DESTRUCTION POLICY. IN 2015, THE ORGANIZATION IMPLEMENTED A WRITTEN WHISTLEBLOWER POLICY AND A DOCUMENT RETENTION AND DESTRUCTION POLICY.
FORM 990, PART XI, LINE 9:FUNDRAISING EXPENSE 430,074.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION NEITHER CHANGED ITS OVERSIGHT PROCESS OR SELECTION PROCESS DURING THE TAX YEAR.