IMPACT FOR EQUITY INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
IMPACT FOR EQUITY INC (EIN 36-2675852)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-09-03
IRS object ID
202412479349300746
Schema version
2023v5.0
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)
Return2024-09-03T14:40:49-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363077757PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRAY HUNTER STENN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11200 HARGER RD SUITE 521AddressLine1Txt
CityOAK BROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP605231819ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN362675852EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1IMPACT FOR EQUITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlIMPABusinessNameControlTxt
Phone3126415570PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 E WASHINGTON STREET 1515AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60602ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCARA HENDRICKSONPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone3126415570PhoneNum
Signature2024-08-22SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJAMES G STEWARTPreparerPersonNm
PTINP01057463PTIN
Phone6305714900PhoneNum
Preparation2024-08-22PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2024-08-08 14:25:15ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCARA HENDRICKSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 E WASHINGTON STREET 1515AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60602ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$12,260,591GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.IMPACTFOREQUITY.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1969FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHE ORGANIZATION OPERATES IN THE CHICAGO METROPOLITAN REGION AS A PUBLIC INTEREST LAW AND POLICY CENTER WORKING TO COMBAT SYSTEMATIC BARRIERS TO EQUITY AND TO FIGHT FOR RACIAL, ECONOMIC, AND SOCIAL JUSTICE.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee18TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$2,973,874PYContributionsGrantsAmt
CY Contributions Grants$1,560,662CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$778,889PYInvestmentIncomeAmt
CY Investment Income$3,285,014CYInvestmentIncomeAmt
PY Other Revenue$84,074PYOtherRevenueAmt
CY Other Revenue$325,760CYOtherRevenueAmt
PY Total Revenue$3,836,837PYTotalRevenueAmt
CY Total Revenue$5,171,436CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$1,506,037PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,502,146CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$444,098CYTotalFundraisingExpenseAmt
PY Other Expenses$2,217,237PYOtherExpensesAmt
CY Other Expenses$1,664,971CYOtherExpensesAmt
PY Total Expenses$3,723,274PYTotalExpensesAmt
CY Total Expenses$3,167,117CYTotalExpensesAmt
PY Revenues Less Expenses$113,563PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,004,319CYRevenuesLessExpensesAmt
Total Assets BOY$11,481,498TotalAssetsBOYAmt
Total Assets EOY$11,655,285TotalAssetsEOYAmt
Total Liabilities BOY$873,935TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,000,066TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,607,563NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$10,655,219NetAssetsOrFundBalancesEOYAmt
MissionTHE ORGANIZATION OPERATES IN THE CHICAGO METROPOLITAN REGION AS A PUBLIC INTEREST LAW AND POLICY CENTER WORKING TO COMBAT SYSTEMATIC BARRIERS TO EQUITY AND TO FIGHT FOR RACIAL, ECONOMIC, AND SOCIAL JUSTICE.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$1,089,617ExpenseAmt
DescHOUSING/COMMUNITY DEVELOPMENT - IMPACT FOR EQUITY HAS BEEN DEEPLY COMMITTED TO HOUSING AND COMMUNITY DEVELOPMENT FOR OVER FIFTY YEARS. OUR LEGAL AND POLICY ADVOCACY FOCUSES ON REMOVING BARRIERS AND PROMOTING AUTHENTIC HOUSING CHOICES ACROSS THE CHICAGO REGION, INCLUDING FOR FAMILIES USING SUBSIDIZED HOUSING RESOURCES OR IN NEED OF AFFORDABLE HOUSING. WE ARE EXPANDING CHOICE AND ACCESS TO PUBLIC AND AFFORDABLE HOUSING AND PROMOTING NEIGHBORHOODS WITH THOSE RESOURCES. OUR HOUSING WORK INCLUDES A FOCUS ON PUBLIC HOUSING IN CHICAGO, A COUNTY-WIDE ECONOMIC MOBILITY PROGRAM IN CHICAGO AND COOK COUNTY, AND EFFORTS TO EXPAND AFFORDABLE HOUSING IN THE CHICAGO METROPOLITAN REGION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,305,073ExpenseAmt
DescCRIMINAL LEGAL SYSTEMS - OUR CRIMINAL LEGAL SYSTEMS PROGRAM SEEKS TO INCREASE PUBLIC SAFETY AND PROMOTE RACIAL JUSTICE. WE ARE WORKING TO ENACT SYSTEMIC POLICE REFORMS, INCLUDING BY STRENGTHENING THE POLICE ACCOUNTABILITY SYSTEM, PROMOTING COMMUNITY SAFETY, IMPROVING POLICE PRACTICES, REIMAGINING THE ROLES THAT POLICE DEPARTMENTS AND OTHER ENTITIES PLAY IN PRODUCING PUBLIC SAFETY, AND TRANSFORMING THE RELATIONSHIP BETWEEN THE POLICE DEPARTMENT AND THE COMMUNITIES IT SERVES. IN ALL OUR WORK, WE ARE COMMITTED TO ENSURING THAT THOSE MOST DIRECTLY AFFECTED BY THE REFORMS PLAY AN ACTIVE ROLE IN DEVELOPING THEM.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescLEADERSHIP DEVELOPMENT - IMPACT FOR EQUITY HOSTS LAW AND POLICY SUMMER AND ACADEMIC-YEAR INTERNS AND EXTERNS, AS WELL AS RECENT LAW OR POLICY SCHOOL GRADUATES EACH YEAR THROUGH OUR INTERNSHIPS, EXTERNSHIPS, AND FELLOWSHIP PROGRAMS. THESE INDIVIDUALS HELP INFORM OUR WORK, SHAPE THE FUTURE OF LAW AND POLICY, AND DRIVE IMPACTFUL SOLUTIONS TO ADDRESS CRITICAL CHALLENGES ACROSS OUR TWO PROGRAM AREAS. MANY OF OUR INTERNS, FELLOWS, AND EXTERNS GO ON TO WORK IN PARTNER ORGANIZATIONS, GOVERNMENT, AND BEYOND, BUILDING ON A LEGACY OF IMPACTFUL ADVOCACY WORK.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$2,394,690TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesYes (true)LobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (true)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesYes (true)ReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntfalseBusinessRlnWith35CtrlEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee18EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsYes (true)ChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
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 Line1CARA HENDRICKSONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3126415570PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line125 E WASHINGTON STREET 1515AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60602ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (31 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
CARA HENDRICKSON
EXECUTIVE DI40.00Yes (X)$190,000$0$0
LOREN JONES
DIRECTOR40.00$105,068$0$0Yes (X)
JULIE BROWN
DIRECTOR32.00$100,855$0$0Yes (X)
LUCY ASCOLI
DIRECTOR$0$0$0Yes (X)
MYLES BERMAN
DIRECTOR$0$0$0Yes (X)
JOEL BOOKMAN
DIRECTOR$0$0$0Yes (X)
GLENN BREWER
DIRECTOR$0$0$0Yes (X)
NICHOLAS BRUNICK
DIRECTOR$0$0$0Yes (X)
CHRIS CANCILLA
DIRECTOR$0$0$0Yes (X)
REV CHRISTIAN COON
DIRECTOR$0$0$0Yes (X)
PAMELA DANIELS-HALISI
SECRETARYYes (X)$0$0$0Yes (X)
ANNELIESE FLEMING
DIRECTOR$0$0$0Yes (X)
LILIA FLORES
VICE PRESIDE$0$0$0Yes (X)
STEPHEN GALLER
DIRECTOR$0$0$0Yes (X)
RYAN GREEN
DIRECTOR$0$0$0Yes (X)
JONATHAN KADEN
DIRECTOR$0$0$0Yes (X)
JULIE KENNEDY
DIRECTOR$0$0$0Yes (X)
SHEILA BERNER KENNEDY
DIRECTOR$0$0$0Yes (X)
SEQUANE LAWRENCE
DIRECTOR$0$0$0Yes (X)
JOSH LOWITZ
DIRECTOR$0$0$0Yes (X)
ROSANNA MARQUEZ
PRESIDENTYes (X)$0$0$0Yes (X)
MECOLE MCBRIDE
DIRECTOR$0$0$0Yes (X)
AMAR PARIKH
TREASURERYes (X)$0$0$0Yes (X)
SARAH WALKER PAULS
VICE PRESIDEYes (X)$0$0$0Yes (X)
QUINN RALLINS
DIRECTOR$0$0$0Yes (X)
ANEL RUIZ
DIRECTOR$0$0$0Yes (X)
MARK SEGAL
DIRECTOR$0$0$0Yes (X)
THARIUS SUMTER
DIRECTOR$0$0$0Yes (X)
AUGUSTIN WEGSCHEIDER
DIRECTOR$0$0$0Yes (X)
AUGUSTIN WEGSCHEIDER
DIRECTOR$0$0$0Yes (X)
STACIE YOUNG
DIRECTOR$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$395,923TotalReportableCompFromOrgAmt
Indiv Rcvd Greater Than100 K3IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$1,560,662AllOtherContributionsAmt
Total Contributions$1,560,662TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$260,019TotalRevenueColumnAmt
Related Or Exempt Func Income$260,019RelatedOrExemptFuncIncomeAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$10,034,259SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$7,009,264SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$3,024,995SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,024,995TotalRevenueColumnAmt
Related Or Exempt Func Income$3,024,995RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$161,451FundraisingGrossIncomeAmt
Fundraising Direct Expenses$79,891FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$81,560TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Business900099BusinessCd
Total Revenue Column$244,200TotalRevenueColumnAmt
Related Or Exempt Func Income$244,200RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$244,200OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,171,436TotalRevenueColumnAmt
Related Or Exempt Func Income$3,529,214RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,502,146TotalAmt
Program Services$952,913ProgramServicesAmt
Management And General$264,443ManagementAndGeneralAmt
Fundraising$284,790FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$70,933TotalAmt
Program Services$49,653ProgramServicesAmt
Management And General$9,221ManagementAndGeneralAmt
Fundraising$12,059FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,092,023TotalAmt
Program Services$1,092,023ProgramServicesAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$146TotalAmt
Program Services$102ProgramServicesAmt
Management And General$19ManagementAndGeneralAmt
Fundraising$25FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$50,761TotalAmt
Program Services$36,159ProgramServicesAmt
Management And General$6,328ManagementAndGeneralAmt
Fundraising$8,274FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$249,549TotalAmt
Program Services$174,685ProgramServicesAmt
Management And General$32,441ManagementAndGeneralAmt
Fundraising$42,423FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,191TotalAmt
Program Services$1,191ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,985TotalAmt
Program Services$2,790ProgramServicesAmt
Management And General$518ManagementAndGeneralAmt
Fundraising$677FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CONSULTANT$190,745$80,482$14,947$95,316
BANK AND CREDIT CARD FEES$3,146$2,200$412$534
SUBSCRIPTIONS$2,492$2,492

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,167,117TotalAmt
Program Services$2,394,690ProgramServicesAmt
Management And General$328,329ManagementAndGeneralAmt
Fundraising$444,098FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$1,836,522BOYAmt
EOY$1,797,521EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,164,545BOYAmt
EOY$493,525EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$37,161BOYAmt
EOY$5,146EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$158,561LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$134,938LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$27,608BOYAmt
EOY$23,623EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$8,368,346BOYAmt
EOY$8,871,353EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$47,316BOYAmt
EOY$464,117EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$11,481,498BOYAmt
EOY$11,655,285EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$184,673BOYAmt
EOY$378,974EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$689,262BOYAmt
EOY$193,699EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$427,393EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$873,935BOYAmt
EOY$1,000,066EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$8,664,342BOYAmt
EOY$9,514,395EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,943,221BOYAmt
EOY$1,140,824EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,607,563BOYAmt
EOY$10,655,219EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,481,498BOYAmt
EOY$11,655,285EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,004,319ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,921,148NetUnrlzdGainsLossesInvstAmt
Prior Period Adjustments-$7,097PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$28,418OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

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$1,815,493CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,878,604CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,898,639CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,025,069CurrentTaxYearMinus1YearAmt
Current Tax Year$1,560,662CurrentTaxYearAmt
Total$11,178,467TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,815,493CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,878,604CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,898,639CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,025,069CurrentTaxYearMinus1YearAmt
Current Tax Year$1,560,662CurrentTaxYearAmt
Total$11,178,467TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$1,142,451SubstantialContributorsTotAmt
Public Support Total170$10,036,016PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$218,342CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$172,008CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$168,794CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$164,421CurrentTaxYearMinus1YearAmt
Current Tax Year$260,019CurrentTaxYearAmt
Total$983,584TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$36,448CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,200CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,200CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,066CurrentTaxYearMinus1YearAmt
Current Tax Year$1,200CurrentTaxYearAmt
Total$47,114TotalAmt
FieldValueIRS element (for citing)
Total Support$12,209,165TotalSupportAmt
Gross Receipts Rltd Activities$3,344,187GrossReceiptsRltdActivitiesAmt
Public Support CY1700.82200PublicSupportCY170Pct
Public Support PY1700.85980PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART II, LINE 10FormAndLineReferenceDesc
ExplanationMISCELLANEOUS INCOME 47,114ExplanationTxt

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 C IRS990ScheduleC

FieldValueIRS element (for citing)
VolunteersfalseVolunteersInd
Paid Staff Or ManagementYes (true)PaidStaffOrManagementInd
Media AdvertisementsfalseMediaAdvertisementsInd
Mailings MembersfalseMailingsMembersInd
Publications Or BroadcastfalsePublicationsOrBroadcastInd
Grants Other OrganizationsfalseGrantsOtherOrganizationsInd
Direct Contact LegislatorsfalseDirectContactLegislatorsInd
Rallies DemonstrationsYes (true)RalliesDemonstrationsInd
Rallies Demonstrations$3,227RalliesDemonstrationsAmt
Other ActivitiesfalseOtherActivitiesInd
Total Lobbying Expenditures$3,227TotalLobbyingExpendituresAmt
Not Described Section501c3falseNotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE C, PART II-B, LINE 1FormAndLineReferenceDesc
ExplanationIN CONJUNCTION WITH THE EFFORTS OF IMPACT FOR EQUITY, TO PROMOTE RACIAL, ECONOMIC, AND SOCIAL JUSTICE IN CHICAGO AND ILLINOIS, THE ORGANIZATION AT TIMES DRAFTS LEGISLATION. THE ORGANIZATION ALSO CONDUCTS EDUCATIONAL MEETINGS, PREPARES AND DISTRIBUTES EDUCATIONAL MATERIALS, AND CONSIDERS PUBLIC POLICY ISSUES IN AN EDUCATIONAL MANNER. IMPACT FOR EQUITY, ALSO PERIODICALLY SHARED INFORMATION ABOUT PENDING LEGISLATION THROUGH ITS EMAIL NEWSLETTER OR OTHER PUBLICATIONS; IMPACT FOR EQUITY, STAFF MET WITH OR CALLED ON GOVERNMENT OFFICIALS TO INFLUENCE LEGISLATION REGARDING RACIAL, SOCIAL, AND ECONOMIC JUSTICE; AND IMPACT FOR EQUITY, STAFF PARTICIPATED IN PRESS CONFERENCES AND RALLIES IN SUPPORT OF LEGISLATION.ExplanationTxt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,909,196BeginningYearBalanceAmt
Investment Earnings Or Losses$378,439InvestmentEarningsOrLossesAmt
Other Expenditures$2,488,637OtherExpendituresAmt
End Year Balance$1,798,998EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,703,066BeginningYearBalanceAmt
Investment Earnings Or Losses-$644,725InvestmentEarningsOrLossesAmt
Other Expenditures$134,476OtherExpendituresAmt
Administrative Expenses$14,669AdministrativeExpensesAmt
End Year Balance$3,909,196EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,173,921BeginningYearBalanceAmt
Investment Earnings Or Losses$888,429InvestmentEarningsOrLossesAmt
Other Expenditures$343,528OtherExpendituresAmt
Administrative Expenses$15,755AdministrativeExpensesAmt
End Year Balance$4,703,066EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$4,328,648BeginningYearBalanceAmt
Investment Earnings Or Losses$284,167InvestmentEarningsOrLossesAmt
Other Expenditures$427,516OtherExpendituresAmt
Administrative Expenses$11,377AdministrativeExpensesAmt
End Year Balance$4,173,921EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$3,900,227BeginningYearBalanceAmt
Investment Earnings Or Losses$920,659InvestmentEarningsOrLossesAmt
Other Expenditures$479,812OtherExpendituresAmt
Administrative Expenses$12,426AdministrativeExpensesAmt
End Year Balance$4,328,648EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.97520BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.02480PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgfalseEndowmentsHeldUnrelatedOrgInd
Endowments Held Related OrgfalseEndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$36,893OtherCostOrOtherBasisAmt
Depreciation$15,057DepreciationAmt
Book Value$21,836BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$121,668OtherCostOrOtherBasisAmt
Depreciation$119,881DepreciationAmt
Book Value$1,787BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$23,623TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescOPERATING LEASE LIABILITIESDesc
Amt$427,393Amt
FieldValueIRS element (for citing)
Total Liability$427,393TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$3,228,121TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,921,148NetUnrealizedGainsInvstAmt
Other Revenue-$22,167OtherRevenueAmt
Revenue Not Reported-$1,943,315RevenueNotReportedAmt
Revenue Subtotal$5,171,436RevenueSubtotalAmt
Total Revenue Per Form990$5,171,436TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,173,368TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$6,251OtherExpensesIncludedAmt
Expenses Not Reported$6,251ExpensesNotReportedAmt
Expenses Subtotal$3,167,117ExpensesSubtotalAmt
Total Expenses Per Form990$3,167,117TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 4, PART XI, LINE 2DINVESTMENT FEES -22,167
SCHEDULE D, PAGE 4, PART XII, LINE 2DASC 842 ADJUSTMETN 6,251

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL EVENTEvent1Nm
Gross Receipts Event1$161,451GrossReceiptsEvent1Amt
Gross Revenue Event1$161,451GrossRevenueEvent1Amt
Rent Facility Costs Event1$7,650RentFacilityCostsEvent1Amt
Food And Beverage Event1$33,186FoodAndBeverageEvent1Amt
Entertainment Event1$3,180EntertainmentEvent1Amt
Other Direct Expenses Event1$35,875OtherDirectExpensesEvent1Amt
Gross Receipts Total$161,451GrossReceiptsTotalAmt
Gross Revenue Total Events$161,451GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$7,650RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$33,186FoodAndBeverageTotalEventsAmt
Entertainment Total Events$3,180EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$35,875OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$79,891DirectExpenseSummaryEventsAmt
Net Income Summary$81,560NetIncomeSummaryAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonCARA HENDRICKSONPersonNm
TitleEXECUTIVE DIRECTORTitleTxt
Base Compensation Filing Org$190,000BaseCompensationFilingOrgAmt
Total Compensation Filing Org$190,000TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 4THE ORGANIZATION AMENDED THEIR BYLAWS IN 2023.
FORM 990, PAGE 6, PART VI, LINE 11BTHE ORGANIZATION SUBMITS THE TAX RETURN TO THE AUDIT AND FINANCE COMMITTEE OF THE BOARD OF DIRECTORS FOR REVIEW. ANY QUESTIONS OR CONCERNS ARE DIRECTED TO THE APPROPRIATE PERSONNEL AND ARE ADDRESSED BEFORE THE FILING OF THE RETURN.
FORM 990, PAGE 6, PART VI, LINE 12CTHE ORGANIZATION HAS AN ANNUAL REVIEW WITH ITS DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 15ATHE FINANCE AND AUDIT COMMITTEE AND BOARD OF DIRECTORS APPROVES THE SALARY FOR THE EXECUTIVE DIRECTOR.
FORM 990, PAGE 6, PART VI, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. IN ADDITION, THE FINANCIAL STATEMENTS ARE AVAILABLE VIA THE ILLINOIS ATTORNEY GENERAL'S WEBSITE.
FORM 990, PART IX, LINE 11GPROGRAM EXPENSES 1,092,023 0 0
FORM 990, PART XI, LINE 9INVESTMENT FEES -22,167 ASC 842 ADJUSTMENT -6,251 TOTAL -28,418

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.