2024-05-14T20:24:41-05:00 2023-06-30 824176202 BG ADVISORS CPA LTD 1775 LEGACY CIRCLE NAPERVILLE IL 60563 990 2022-07-01 363092907 CROSSROADS FUND INC CROS 7732277676 3411 WEST DIVERSEY 20 CHICAGO IL 60647 MOLLIE ANDERSON DIRECTOR 7732277676 2024-05-14 1 MOLLIE ANDERSON 999009999 0 SACHIN GANDHI P01424067 6305051081 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z KHEIRA ISSAOUI-MANSOURI 3411 WEST DIVERSEY 20 CHICAGO IL 60647 7043432 0 X WWW.CROSSROADSFUND.ORG X 1980 IL THE MISSION OF CROSSROADS FUND, INC. IS TO SUPPORT COMMUNITY ORGANIZATIONS WORKING ON ISSUES OF RACIAL, SOCIAL, AND ECONOMIC JUSTICE IN THE CHICAGO AREA. 19 19 9 0 0 0 7870872 6138354 0 0 224370 65212 704840 762156 8800082 6965722 4608041 5889698 0 0 787009 964106 0 0 548855 474591 495194 5869641 7348998 2930441 -383276 13233891 13427199 1641620 1845471 11592271 11581728 THE MISSION OF CROSSROADS FUND, INC. IS TO SUPPORT COMMUNITY ORGANIZATIONS WORKING ON ISSUES OF RACIAL, SOCIAL, AND ECONOMIC JUSTICE IN THE CHICAGO AREA. 0 0 6439283 GRANT MAKING - DURING THE FISCAL YEAR DOZENS OF GRANTS WERE ISSUED TO ORGANIZATIONS WORKING FOR SOCIAL CHANGE, HEALTH CARE ACCESS, YOUTH ORGANIZING, WORKERS' RIGHTS, CRIMINAL JUSTICE, AND MANY OTHER ISSUES CONCERNING SOCIAL AND ECONOMIC JUSTICE. TECHNICAL ASSISTANCE AND LEADERSHIP DEVELOPMENT PROVIDED TO GRANTEES.EDUCATIONAL PROGRAMS DESIGNED TO CONNECT DONORS TO GRASSROOTS ORGANIZATIONS AND TO DEEPEN THE UNDERSTANDING OF SOCIAL JUSTICE ISSUES. 6439283 1 1 0 1 0 1 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 4 0 1 9 1 0 0 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X X X JANE KIMONDO 7732277676 3411 WEST DIVERSEY CHICAGO IL 60647 ALHELI M IRIZARRY DIRECTOR 2.00 X 0 0 0 MAKKAH ALI DIRECTOR 2.00 X 0 0 0 MOLLIE ANDERSON DIRECTOR 2.00 X 0 0 0 EMMANUEL ANDRE DIRECTOR 2.00 X 0 0 0 CECILE DEMELLO DIRECTOR 2.00 X 0 0 0 LEE ANDEL DEWEY DIRECTOR 2.00 X 0 0 0 DENISE FERGUSON DIRECTOR 2.00 X 0 0 0 TRACIE D HALL DIRECTOR 2.00 X 0 0 0 JULIA KLEIN DIRECTOR 2.00 X 0 0 0 KATELYN JOHNSON DIRECTOR 2.00 X 0 0 0 IRERI RIVAS DIRECTOR 2.00 X 0 0 0 MUHAMMAD SANKARI DIRECTOR 2.00 X 0 0 0 GABRIEL JONES DIRECTOR 2.00 X 0 0 0 HANAN EL-YOUSSEF DIRECTOR 2.00 X 0 0 0 HENRY CERVANTES DIRECTOR 2.00 X 0 0 0 MISSY CARPENTER DIRECTOR 2.00 X 0 0 0 ROXANNA ENRIQUEZ CO-CHAIR 2.00 X 0 0 0 KHEIRA ISSAOUI-MANSOURI CO-CHAIR 2.00 X 0 0 0 JON QUINN TREASURER 2.00 X 0 0 0 JANE KIMONDO EXECUTIVE DIRECTOR 40.00 X 158000 0 0 158000 0 0 1 0 1 0 0 6138354 196864 6138354 65212 65212 260810 77710 183100 183100 MANAGEMENT FEES 578913 578913 EXPENSE REIMB. AND OTH 143 143 579056 6965722 644268 0 183100 5889698 5889698 158000 7900 55300 94800 666002 173735 199511 292756 22817 5029 7056 10732 53918 11886 16673 25359 63369 13968 19596 29805 27125 5979 8388 12758 2658 586 822 1250 2982 657 922 1403 28962 6383 8957 13622 40196 8860 12430 18906 9018 1988 2789 4241 2594 572 802 1220 4462 983 1380 2099 PROGRAM EXPENSES 292356 292356 MEETINGS 19380 4272 5993 9115 BANK FEES 16479 3632 5096 7751 DUES AND SUBSCRIPTIONS 16010 3529 4951 7530 32972 7270 10194 15508 7348998 6439283 360860 548855 6923025 5488280 1579252 2075099 62000 330000 20379 26322 94064 81297 8463 12767 4570772 4806581 70000 688150 13233891 13427199 1321620 968275 320000 487000 0 390196 1641620 1845471 X 3938851 4013331 7653420 7568397 11592271 11581728 13233891 13427199 -383276 372733 0 X 0 1 X 1 0 X 1586755 2607572 5727772 7870872 6138354 23931325 1586755 2607572 5727772 7870872 6138354 23931325 2551504 21379821 180946 121907 1619685 -140270 1017000 2799268 26730593 650511 0.79980 0.75340 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 1 85000 0 0 0 85000 0 3 89000 39830 1 1 3905266 9700 300524 98136 4117354 4663316 16675 -597458 177267 3905266 3702367 45612 1011495 96158 4663316 3691501 81632 87548 139372 18943 3702366 3493108 186958 165536 143387 10714 3691501 0 0 94064 81297 12767 12767 LONG TERM GRANTS RECEIVABLE 275000 INTEREST RECEIVABLE 22954 CERTIFICATE OF DEPOSIT 390196 688150 OPERATING LEASE LIABILITIES, CURRENT MAT 32597 OPERATING LEASE LIABILITIES, NET OF CURRENT MAT 357599 390196 X 7338454 372732 372732 6965722 0 6965722 7348998 0 7348998 0 7348998 PART V, LINE 4: INCOME FROM ENDOWMENTS IS RESTRICTED TO SUPPORT CROSSROADS' GENERAL GRANT-MAKING AND PROGRAM ACTIVITIES. PART X, LINE 2: CROSSROADS IS EXEMPT FROM FEDERAL TAXES UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. IT QUALIFIES FOR CHARITABLE CONTRIBUTIONS UNDER SECTION 170(B)(1)(A)(VI), AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). CROSSROADS' MANAGEMENT HAS DETERMINED THAT FASB ASC 740-10, WHICH ADDRESSES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, HAS NO EFFECT ON ITS FINANCIAL STATEMENTS DUE TO CROSSWROADS' TAX-EXEMPT STATUS. 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OPERATIONS 128 53 SCHEDULE I, PART 1, LINE 2 EACH APPLICATION IS REVIEWED AND SCREENED BY STAFF BASED ON WHETHER A GROUP'S WORK FALLS WITHIN OUR FUNDING CRITERIA. STAFF THEN MAKE FUNDING RECOMENDATIONS TO THE BOARD OF DIRECTORS. DEPENDING ON THE TYPE OF FUND, SITE VISITS MAY ALSO BE CONDUCTED BY THE GRANTMAKING COMITTEE (GMC). THE GMC MAKES FUNDING RECOMMENDATIONS TO THE BOARD OF DIRECTORS FOR FINAL APPROVAL. ALL PARTICIPANTS ARE NOTIFIED OF THE FINAL FUNDING DECISION BY PHONE CALL OR EMAIL. 0 0 0 0 0 0 0 0 0 JANE KIMONDO EXECUTIVE DIRECTOR 158000 0 0 0 0 0 0 0 0 0 158000 0 0 0 X 17 5631 FMV X 1462 FMV X 7782 FMV X 16 172818 FMV X GIFT CERTIFICATE 51 4253 FMV X EXPERIENCES 14 3355 FMV X TICKETS 13 1563 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE AND THE BOARD OF DIRECTORS BEFORE IT IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY APPLIES TO CROSSROADS' BOARD MEMBERS, STAFF, COMMITTEE MEMBERS AND MANAGERS. ALL SUCH INDIVIDUALS ARE REQUIRED TO ACKNOWLEDGE, NOT LESS THAN ANNUALLY, THAT HE OR SHE HAS READ AND IS IN COMPLIANCE WITH THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS SET BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 18 A COMPLETE COPY OF FORM 990 AND THE AUDIT REPORT IS POSTED ON THE WEB-SITE OF THE ILLINOIS ATTORNEY GENERAL, WHICH OPEN TO THE GENERAL PUBLIC. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF POLICIES AND THE ANNUAL AUDIT REPORT IS MADE AVAILABLE TO THE GENERAL PUBLIC ON THE ORGANIZATION'S WEB-SITE.