2024-05-14T12:55:45-05:00 2023-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2022-07-01 208411320 CHICAGOLAND ENTREPRENEURIAL CENTER CHIC 3122390310 222 MERCHANDISE MART PLAZA 1212 CHICAGO IL 60654 ELIZABETH A ZIEGLER CEO 3122390310 2024-05-11 1 ELIZABETH ZIEGLER 999009999 1 DAVID LOWENTHAL P00378651 3122071040 2024-05-11 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z 1871 ELIZABETH A ZIEGLER 222 MERCHANDISE MART PLAZA 1212 CHICAGO IL 60654 6386601 0 X WWW.CHICAGOLANDEC.ORG X 2006 IL THE CENTER PROMOTES AND GROWS CHICAGO'S ENTREPRENEURIAL COMMUNITY. 72 71 35 100 0 0 5068892 3071287 4059954 3174862 420 6702 -120706 -24767 9008560 6228084 0 17000 0 0 3989404 4094006 0 0 280744 6102989 5362267 10092393 9473273 -1083833 -3245189 6314355 20669325 8705123 26305282 -2390768 -5635957 THE CENTER SEEKS TO MAKE A PERCEPTIBLE AND LASTING ECONOMIC IMPACT ON THE CHICAGO REGION BY HELPING ENTREPRENEURS AND HIGH-GROWTH BUSINESSES BUILD VIABLE, SUSTAINABLE AND PROFITABLE ENTERPRISES. 0 0 7779577 17000 3174862 THE CHICAGOLAND ENTREPRENEURIAL CENTER (THE "CENTER") SEEKS TO MAKE A PERCEPTIBLE AND LASTING ECONOMIC IMPACT ON THE CHICAGO REGION BY HELPING ENTREPRENEURS AND HIGHGROWTH BUSINESSES BUILD VIABLE, SUSTAINABLE, AND PROFITABLE ENTERPRISES THROUGH ITS FLAGSHIP PROGRAM 1871. THE 1871 PROGRAM STARTED IN APRIL 2012 WITH THE OPENING OF ITS NOW 150,000 SQUARE FOOT STATE-OF-THE-ART FACILITY DESIGNATED TO SUPPORT THE FOLLOWING PURPOSES: (1) PROVIDE AFFORDABLE, FLEXIBLE SPACE FOR EARLY-STAGE STARTUP COMPANIES AND ENTREPRENEURS "MEMBERS" WHO ARE BUILDING DIGITAL BUSINESS; (2) PROVIDE EVENTS, MENTORSHIP, CLASSES, AND PROGRAMS THAT ARE RELEVANT TO ENTREPRENEURS' BUILDING DIGITAL BUSINESS; AND (3) PROVIDE OTHER SERVICES AND SUPPORT FOR DIGITAL BUSINESSES AND THE CHICAGO STARTUP COMMUNITY. 7779577 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 84 0 1 35 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 72 71 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X ELIZABETH A ZEIGLER 3122390310 222 W MERCHANDISE MART PLAZA SUITE CHICAGO IL 60654 ELIZABETH A ZIEGLER CHIEF EXECUTIVE OFFICER 40.00 0.00 X X 474824 0 0 LARRY EPPLEY CHAIRMAN 0.10 0.00 X X 0 0 0 MICHAEL LYMAN TREASURER 0.10 0.00 X X 0 0 0 TED SOUDER SECRETARY 0.10 0.00 X X 0 0 0 AMANDA LANNERT BOARD MEMBER 0.10 0.00 X 0 0 0 ANDY KOFOID BOARD MEMBER 0.10 0.00 X 0 0 0 AVIJIT GHOSH BOARD MEMBER 0.10 0.00 X 0 0 0 BRENNA BERMAN BOARD MEMBER 0.10 0.00 X 0 0 0 CARLOS MINETTI BOARD MEMBER 0.10 0.00 X 0 0 0 CASS BAKER BOARD MEMBER 0.10 0.00 X 0 0 0 DAVE TOLMIE BOARD MEMBER 0.10 0.00 X 0 0 0 DEAN DEBIASE BOARD MEMBER 0.10 0.00 X 0 0 0 DORRI MCWHORTER BOARD MEMBER 0.10 0.00 X 0 0 0 GARRY COOPER BOARD MEMBER 0.10 0.00 X 0 0 0 JAI SHEKHAWAT BOARD MEMBER 0.10 0.00 X 0 0 0 JAIME DI PAULO BOARD MEMBER 0.10 0.00 X 0 0 0 JEREMIE BACON BOARD MEMBER 0.10 0.00 X 0 0 0 JIM DUGAN BOARD MEMBER 0.10 0.00 X 0 0 0 JIM O'CONNOR BOARD MEMBER 0.10 0.00 X X 0 0 0 JOE SHENTON BOARD MEMBER 0.10 0.00 X 0 0 0 JOHN HOWARD BOARD MEMBER 0.10 0.00 X 0 0 0 JULIA KANOUSE BOARD MEMBER 0.10 0.00 X 0 0 0 JULIE NOVACK BOARD MEMBER 0.10 0.00 X 0 0 0 KAILI EMMRICH BOARD MEMBER 0.10 0.00 X 0 0 0 KEVIN WILLER BOARD MEMBER 0.10 0.00 X 0 0 0 KRISTI ROSS BOARD MEMBER 0.10 0.00 X 0 0 0 LAURA FERRIS ANDERSON BOARD MEMBER 0.10 0.00 X 0 0 0 LAURIE BAUER BOARD MEMBER 0.10 0.00 X 0 0 0 LEE ROSENBERG BOARD MEMBER 0.10 0.00 X 0 0 0 LESLIE ANDERSON BOARD MEMBER 0.10 0.00 X 0 0 0 LINDA DARRAGH BOARD MEMBER 0.10 0.00 X 0 0 0 MARC SHIFFMAN BOARD MEMBER 0.10 0.00 X 0 0 0 MARK LAWRENCE BOARD MEMBER 0.10 0.00 X 0 0 0 MARK TEBBE BOARD MEMBER 0.10 0.00 X 0 0 0 MATT O'SULLIVAN BOARD MEMBER 0.10 0.00 X 0 0 0 MATTHEW SUMMY BOARD MEMBER 0.10 0.00 X 0 0 0 MATTHEW RENNER BOARD MEMBER 0.10 0.00 X 0 0 0 MAURA OHARA BOARD MEMBER 0.10 0.00 X 0 0 0 MICHAEL MCMURRAY BOARD MEMBER 0.10 0.00 X 0 0 0 MIKE CARLIN BOARD MEMBER 0.10 0.00 X 0 0 0 NEAL SALES-GRIFFIN BOARD MEMBER 0.10 0.00 X 0 0 0 RAJAN NAIK BOARD MEMBER 0.10 0.00 X 0 0 0 RANDY NORNES BOARD MEMBER 0.10 0.00 X 0 0 0 ROBERT MATLES BOARD MEMBER 0.10 0.00 X 0 0 0 ROWAN RICHARDS BOARD MEMBER 0.10 0.00 X 0 0 0 RYAN LEAVITT BOARD MEMBER 0.10 0.00 X 0 0 0 SAM YAGAN BOARD MEMBER 0.10 0.00 X 0 0 0 SARA CROWN STAR BOARD MEMBER 0.10 0.00 X 0 0 0 SCOTT HOLLOWAY BOARD MEMBER 0.10 0.00 X 0 0 0 SCOTT SWANSON BOARD MEMBER 0.10 0.00 X 0 0 0 SONIA NAGAR BOARD MEMBER 0.10 0.00 X 0 0 0 STAN CHIA BOARD MEMBER 0.10 0.00 X 0 0 0 STARR MARCELLO BOARD MEMBER 0.10 0.00 X 0 0 0 SUZANNE MUCHIN BOARD MEMBER 0.10 0.00 X 0 0 0 TROY HENIKOFF BOARD MEMBER 0.10 0.00 X 0 0 0 TYLER PRINCE BOARD MEMBER 0.10 0.00 X 0 0 0 VENKAT ATLURI BOARD MEMBER 0.10 0.00 X 0 0 0 STEPHANIE MILLER VP CORPORATE INNOVATION 40.00 0.00 X 149305 0 0 RACHEL FEUERBORN VP EXPERIENCE 40.00 0.00 X 144854 0 0 LISA LAWS CHIEF OPERATING OFFICER 40.00 0.00 X 172417 0 0 MARTIN WILK FINANCIAL CONTROLLER 40.00 0.00 X 105137 0 0 1046537 0 0 8 0 1 0 0 391246 2680041 3071287 FACILITY RENT 900099 1939618 1939618 MEMBER RENT 900099 680346 680346 GROWTH MEMBERSHIP 900099 329528 329528 EVENTS INCOME 900099 163988 163988 OTHER INCOME 900099 61382 61382 3174862 6702 6702 133750 391246 158517 -24767 -24767 6228084 3174862 0 -18065 17000 17000 833440 279570 553870 3255193 2597900 376917 280376 5373 3782 1223 368 57915 57915 1298 1298 66279 66279 19289 19289 3099888 3070047 29841 71955 10793 61162 88911 88911 1218278 1206854 11424 17005 17005 EVENT AND INNOVATION DA 205155 205155 BOOKS, SUBCRIPTIONS, ET 145929 145929 BAD DEBT 110667 110667 NON-OFFICE MEMBERSHIP E 42754 42754 216944 112927 104017 9473273 7779577 1412952 280744 2197115 1121056 520000 520000 1057444 864520 97407 43335 5906 35948 11607746 10802771 1854993 804975 581490 505640 0 16773851 6314355 20669325 2973441 3164833 652704 1087235 2039352 1998803 10000 10000 3029626 20044411 8705123 26305282 X -2390768 -6136457 0 500500 -2390768 -5635957 6314355 20669325 -3245189 0 X 0 1 X 0 0 X 2355830 2583389 3378017 5191142 3205037 16713415 2355830 2583389 3378017 5191142 3205037 16713415 1327494 15385921 1869 1332 363 420 6702 10686 16724101 24486786 0.92000 0.92140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9590153 8859595 730558 2017593 1943176 74417 804975 RIGHT OF USE ASSETS 16773851 16773851 REFUNDABLE DEPOSITS 224980 LEASE LIABILITY 19819431 20044411 6426601 40000 158517 198517 6228084 0 6228084 9671790 40000 158517 198517 9473273 0 9473273 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING - DIRECT EXPENSES 158,517. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING - DIRECT EXPENSES 158,517. MOMENTUM DINNER 524996 391246 133750 15429 62307 61229 2895 16657 524996 391246 133750 15429 62307 61229 2895 16657 158517 -24767 X 1 1 X X 0 0 0 0 0 0 0 0 0 ELIZABETH A ZIEGLER CHIEF EXECUTIVE OFFICER 474824 0 0 0 0 0 0 0 0 0 474824 0 0 0 LISA LAWS CHIEF OPERATING OFFICER 172417 0 0 0 0 0 0 0 0 0 172417 0 0 0 PART I, LINE 1A THE ORGANIZATION PAYS FOR THE CEO'S MEMBERSHIP TO THE ECONOMIC CLUB OF CHICAGO. THE MEMBERSHIP IS FOR BUSINESS PURPOSES AND IS NOT TREATED AS TAXABLE WAGE TO THE CEO. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE ORGANIZATION'S FORM 990. THE CEO AND CONTROLLER REVIEW THE COMPLETED FORM 990. A FULL COPY OF THE 990 IS PROVIDED TO ALL VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. THE GOVERNING BODY IS PROVIDED A REASONABLE AMOUNT OF TIME TO REVIEW THE RETURN AND ASK ANY QUESTIONS DIRECTLY TO ORGANIZATION MANAGEMENT OR THE CONTACT AT THE CPA FIRM PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CEC SENDS OUT ANNUAL REMINDERS TO THE BOARD ASKING FOR UPDATES TO THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO IS APPROVED BY THE CHAIRMAN OF THE ORGANIZATION. COMPENSATION FOR THE COO IS APPROVED BY THE CHAIRMAN OF THE ORGANIZATION AND THE CEO. ALL STAFF COMPENSATION IS APPROVED BY THE BOARD AS PART OF THE ANNUAL BUDGET REVIEW AND APPROVAL. SURVEYS AND OTHER SOURCES CONTAINING SALARY INFORMATION ARE USED IN DETERMINING COMPENSATION FOR EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.