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

FieldValueIRS element (for citing)
Return2026-06-01T15:37:19-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362239746PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1SASSETTI LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12107 SWIFT DRIVE SUITE 210AddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60523ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471044819EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CHICAGO FARMERS SCHOLARSHIPBusinessNameLine1Txt
Business Name Line2FUND INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlCHICBusinessNameControlTxt
Phone3123883276PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line119250 EVERETT LANE SUITE 103AddressLine1Txt
CityMOKENACityNm
State AbbreviationILStateAbbreviationCd
ZIP60448ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonED ELFMANNPersonNm
Person TitleTREASURERPersonTitleTxt
Phone3123883276PhoneNum
Signature2026-05-29SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMYRNA MEJIAPreparerPersonNm
PTINP00417859PTIN
Phone7083861433PhoneNum
Preparation2026-05-29PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.CHICAGOFARMERS.COMWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$15,260GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$4,500ContributionsGiftsGrantsEtcAmt
Program Service Revenue$9,250ProgramServiceRevenueAmt
Investment Income$1,510InvestmentIncomeAmt
Total Revenue$15,260TotalRevenueAmt
Grants And Similar Amounts Paid$23,000GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$5,594FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$15PrintingPublicationsPostageAmt
Other Expenses Total$1,032OtherExpensesTotalAmt
Total Expenses$29,641TotalExpensesAmt
Excess Or Deficit For Year-$14,381ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$62,216NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$47,835NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$13,196BOYAmt
EOY$2,937EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$50,047BOYAmt
EOY$46,417EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$63,243BOYAmt
EOY$49,354EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,027BOYAmt
EOY$1,519EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$62,216BOYAmt
EOY$47,835EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO PROVIDE SCHOLARSHIPS TO STUDENTS THAT ARE IN DEGREE PROGRAMS FOCUSED ON AGRICULTURAL AND LIFE SCIENCES EDUCATIONPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTO PROVIDE SCHOLARSHIPS TO STUDENTS THAT ARE IN DEGREE PROGRAMS FOCUSED ON AGRICULTURAL AND LIFE SCIENCES EDUCATIONDescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Program Service Expenses$23,000ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$23,000TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (6 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
KAY WHITLOCK
PRESIDENT2.00$0$0$0
BETH LOEB
SECRETARY2.00$0$0$0
ROY MANN
TREASURER2.00$0$0$0
ED ELFMANN
DIRECTOR1.00$0$0$0
JASON LESTINA
DIRECTOR1.00$0$0$0
JOHN COTTINGHAM
DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonGLATZ MANAGEMENT SERVICESPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line119250 EVERETT LANE SUITE 103AddressLine1Txt
CityMOKENACityNm
State AbbreviationILStateAbbreviationCd
ZIP60448ZIPCd
FieldValueIRS element (for citing)
Phone3123883276PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,810CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,242CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,145CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,150CurrentTaxYearMinus1YearAmt
Current Tax Year$13,750CurrentTaxYearAmt
Total$70,097TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,810CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,242CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,145CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$16,150CurrentTaxYearMinus1YearAmt
Current Tax Year$13,750CurrentTaxYearAmt
Total$70,097TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$12,067CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$600CurrentTaxYearMinus2YearsAmt
Total$12,667TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$12,067CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$600CurrentTaxYearMinus2YearsAmt
Total$12,667TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$57,430PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$706CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,867CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,875CurrentTaxYearMinus1YearAmt
Current Tax Year$1,510CurrentTaxYearAmt
Total$5,963TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$706CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,867CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,875CurrentTaxYearMinus1YearAmt
Current Tax Year$1,510CurrentTaxYearAmt
Total$5,963TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$7,815CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,948CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$16,012CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$18,025CurrentTaxYearMinus1YearAmt
Current Tax Year$15,260CurrentTaxYearAmt
Total$76,060TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.75510PublicSupportCY509Pct
Public Support PY5090.69370PublicSupportPY509Pct
Investment Income CY0.07840InvestmentIncomeCYPct
Investment Income PY0.06400InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (15 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOMEDESCRIPTION: DIVIDENDS. AMOUNT: 1,510.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY 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 PAIDACTIVITY 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 PAIDACTIVITY 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 PAIDACTIVITY 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 PAIDACTIVITY 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 PAIDACTIVITY 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 PAIDACTIVITY 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 PAIDACTIVITY 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 PAIDACTIVITY 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 PAIDACTIVITY 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 PAIDACTIVITY 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 EXPENSESDESCRIPTION: 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 ASSETSDESCRIPTION: 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 LIABILITIESDESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 1,027. END OF YEAR AMOUNT: 1,519.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE 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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