CHICAGO FARMERS SCHOLARSHIP FUND INC: Form 990EZ, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO FARMERS SCHOLARSHIP FUND INC (EIN 47-1044819)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-06-01
- IRS object ID
- 202621529349200477
- Schema version
- 2025v4.1
- 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) |
|---|---|---|
| Return | 2026-06-01T15:37:19-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 362239746 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SASSETTI LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2107 SWIFT DRIVE SUITE 210 | AddressLine1Txt |
| City | OAK BROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60523 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 471044819 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHICAGO FARMERS SCHOLARSHIP | BusinessNameLine1Txt |
| Business Name Line2 | FUND INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHIC | BusinessNameControlTxt |
| Phone | 3123883276 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19250 EVERETT LANE SUITE 103 | AddressLine1Txt |
| City | MOKENA | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60448 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ED ELFMANN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3123883276 | PhoneNum |
| Signature | 2026-05-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MYRNA MEJIA | PreparerPersonNm |
| PTIN | P00417859 | PTIN |
| Phone | 7083861433 | PhoneNum |
| Preparation | 2026-05-29 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | WWW.CHICAGOFARMERS.COM | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $15,260 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $4,500 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $9,250 | ProgramServiceRevenueAmt |
| Investment Income | $1,510 | InvestmentIncomeAmt |
| Total Revenue | $15,260 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $23,000 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $5,594 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $15 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $1,032 | OtherExpensesTotalAmt |
| Total Expenses | $29,641 | TotalExpensesAmt |
| Excess Or Deficit For Year | -$14,381 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $62,216 | NetAssetsOrFundBalancesBOYAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Net Assets Or Fund Balances EOY | $47,835 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,196 | BOYAmt |
| EOY | $2,937 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,047 | BOYAmt |
| EOY | $46,417 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $63,243 | BOYAmt |
| EOY | $49,354 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,027 | BOYAmt |
| EOY | $1,519 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,216 | BOYAmt |
| EOY | $47,835 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | TO PROVIDE SCHOLARSHIPS TO STUDENTS THAT ARE IN DEGREE PROGRAMS FOCUSED ON AGRICULTURAL AND LIFE SCIENCES EDUCATION | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | TO PROVIDE SCHOLARSHIPS TO STUDENTS THAT ARE IN DEGREE PROGRAMS FOCUSED ON AGRICULTURAL AND LIFE SCIENCES EDUCATION | DescriptionProgramSrvcAccomTxt |
| Grants And Allocations | $0 | GrantsAndAllocationsAmt |
| Program Service Expenses | $23,000 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $23,000 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|
| KAY WHITLOCK | ||||
| PRESIDENT | 2.00 | $0 | $0 | $0 |
| BETH LOEB | ||||
| SECRETARY | 2.00 | $0 | $0 | $0 |
| ROY MANN | ||||
| TREASURER | 2.00 | $0 | $0 | $0 |
| ED ELFMANN | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| JASON LESTINA | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOHN COTTINGHAM | ||||
| DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part V | Yes (X) | InfoInScheduleOPartVInd |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | 0 | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | 0 | OrganizationHadUBIInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Direct Indirect Pltcl Expend | $0 | DirectIndirectPltclExpendAmt |
| Made Loans To From Officers | 0 | MadeLoansToFromOfficersInd |
| Tax Imposed Under IRC4911 | $0 | TaxImposedUnderIRC4911Amt |
| Tax Imposed Under IRC4912 | $0 | TaxImposedUnderIRC4912Amt |
| Tax Imposed Under IRC4955 | $0 | TaxImposedUnderIRC4955Amt |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| Tax Imposed On Organization Mgr | $0 | TaxImposedOnOrganizationMgrAmt |
| Tax Reimbursed By Organization | $0 | TaxReimbursedByOrganizationAmt |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GLATZ MANAGEMENT SERVICES | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 19250 EVERETT LANE SUITE 103 | AddressLine1Txt |
| City | MOKENA | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60448 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123883276 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Donor Advised Fnds | 0 | DonorAdvisedFndsInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Tanning Services Provided | 0 | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| School Operating | 0 | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (1) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,810 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,242 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,145 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,150 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,750 | CurrentTaxYearAmt |
| Total | $70,097 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,810 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,242 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,145 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $16,150 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,750 | CurrentTaxYearAmt |
| Total | $70,097 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $12,067 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $600 | CurrentTaxYearMinus2YearsAmt |
| Total | $12,667 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $12,067 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $600 | CurrentTaxYearMinus2YearsAmt |
| Total | $12,667 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $57,430 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,867 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,875 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,510 | CurrentTaxYearAmt |
| Total | $5,963 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $5 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $706 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,867 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,875 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,510 | CurrentTaxYearAmt |
| Total | $5,963 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,815 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $18,948 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,012 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,025 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,260 | CurrentTaxYearAmt |
| Total | $76,060 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.75510 | PublicSupportCY509Pct |
| Public Support PY509 | 0.69370 | PublicSupportPY509Pct |
| Investment Income CY | 0.07840 | InvestmentIncomeCYPct |
| Investment Income PY | 0.06400 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (15 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME | DESCRIPTION: DIVIDENDS. AMOUNT: 1,510. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: WESTERN ILLINOIS UNIVERSITY. GRANTEE ADDRESS: 1 UNIVERSITY CIRCLE MACOMB, IL 61455. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 3,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: SOUTHERN ILLINOIS UNIVERSITY. GRANTEE ADDRESS: 1263 LINCOLN DR CARBONDALE, IL 62901. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 3,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: ILLINOIS STATE UNIVERSITY. GRANTEE ADDRESS: CAMPUS BOX 8000 NORMAL, IL 61790. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 3,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: UNIVERSITY OF ILLINOIS COLLEGE OF ACES. GRANTEE ADDRESS: 1301 W GREGORY DR. STE 227 URBANA, IL 61801. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 3,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: COLLEGE OF LAKE COUNTY. GRANTEE ADDRESS: 19351 W. WASHINGTON ST. GRAYSLAKE, IL 60030. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 2,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: JOLIET JUNIOR COLLEGE. GRANTEE ADDRESS: 1215 HOUBOLT ROAD JOLIET, IL 60431. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 2,000. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: ILLINOIS FFA. GRANTEE ADDRESS: 3221 NORTHFIELD DR SPRINGFIELD, IL 62702. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 1,500. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: 4H ILLINOIS. GRANTEE ADDRESS: 1301 GREGORY DRIVE CHAMPAIGN, IL 61801. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 1,500. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: ILLINOIS AGRICULTURE IN THE CLASSROOM. GRANTEE ADDRESS: 1701 TOWANDA AVENUE BLOOMINGTON, IL 61701. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 1,500. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: CHICAGO HIGH SCHOOL FOR AG SCIENCE. GRANTEE ADDRESS: 3857 W. 111TH STREET CHICAGO, IL 60655. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 1,500. |
| FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID | ACTIVITY CLASSIFICATION: SCHOLARSHIP. GRANTEE NAME: ILLINOIS AGRICULTURAL LEADERSHIP FOUNDATION. GRANTEE ADDRESS: PO BOX 1368 BLOOMINGTON, IL 61702. DATE OF GIFT: 04/14/25. AMOUNT GIVEN: 1,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 23,000. |
| FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES | DESCRIPTION: FEES. AMOUNT: 37. DESCRIPTION: BOOKS, SUBSCRIPTIONS, REFERENCE. AMOUNT: 520. DESCRIPTION: INSURANCE. AMOUNT: 475. TOTAL TO FORM 990-EZ, LINE 16: 1,032. |
| FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS | DESCRIPTION: VANGUARD INVESTMENT ACCOUNT. BEG. OF YEAR AMOUNT: 49,297. END OF YEAR AMOUNT: 46,417. DESCRIPTION: DUE FROM CHICAGO. BEG. OF YEAR AMOUNT: 750. END OF YEAR AMOUNT: 0. |
| FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,027. END OF YEAR AMOUNT: 1,519. |
Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Declaration | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. | DeclarationDesc |
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