2024-10-15T12:05:16-05:00 2023-12-31 363963131 MANN WEITZ & ASSOCIATES LLC 570 LAKE COOK ROAD SUITE 330 DEERFIELD IL 60015 990 2023-01-01 010674228 PRESERVATION CHICAGO PRES 3124431000 205 W MONROE 400 CHICAGO IL 60606 WARD MILLER EXECUTIVE DIRECTOR 7733348800 2024-10-15 1 1 MARCY STEINDLER P00573131 8472673400 2023 2024-10-15 13:58:12Z WARD MILLER 205 W MONROE 400 CHICAGO IL 60606 1618322 0 X WWW.PRESERVATIONCHICAGO.ORG X 2002 IL PRESERVATION CHICAGO LEVERAGES THE POWER OF HISTORIC PRESERVATION TO CREATE HEALTHY COMMUNITIES. 11 11 4 16 0 0 397869 1577096 0 0 177 39283 1020 943 399066 1617322 0 0 0 0 335468 341447 0 0 39209 104061 130474 439529 471921 -40463 1145401 247189 1393136 10643 9604 236546 1383532 X THROUGHOUT THE CITY OF CHICAGO, PRESERVATION CHICAGO IS COMMITTED TO STRENGTHENING THE VIBRANCY OF CHICAGO'S ECONOMY AND QUALITY OF LIFE BY CHAMPIONING OUR HISTORIC BUILT ENVIRONMENT. PRESERVATION CHICAGO PROTECTS AND REVITALIZES CHICAGO'S IRREPLACEABLE ARCHITECTURE, NEIGHBORHOODS AND URBAN GREEN SPACES. WE INFLUENCE STAKEHOLDERS TOWARD CREATIVE REUSE AND PRESERVATION THROUGH ADVOCACY, OUTREACH, EDUCATION, AND PARTNERSHIP. 0 0 319492 2023 PROVED TO BE REMARKABLE. MANY LONG-ENDANGERED BUILDINGS FINALLY EMERGED AS PRESERVATION 'WINS' THROUGH LANDMARKING. PRESERVATION CHICAGO HAS BEEN DEEPLY ENGAGED WITH MANY OF THESE LONG-TERM EFFORTS AND OUR LEADERSHIP AND INVOLVEMENT WITH THESE ADVOCACY EFFORTS PROVED DECISIVE. AFTER SO MANY YEARS OF EFFORT, TO FINALLY SEE THESE BUILDINGS IN A SAFE PLACE IS BOTH WONDERFULLY EXHILARATING AND PROVIDES AS PROFOUND SENSE OF RELIEF. A FEW HIGHLIGHTS INCLUDE: PROMONTORY POINT LANDMARKED (23-YEAR EFFORT), CENTURY & CONSUMERS BUILDINGS LANDMARKED (17-YEAR EFFORT), GREATER UNION BAPTIST CHURCH LANDMARKED (5-YEAR EFFORT), EPWORTH CHURCH LANDMARKED (4-YEAR EFFORT), GREATER TABERNACLE CATHEDRAL LANDMARKED (3-YEAR EFFORT), CLARK-NETSCH HOUSE LANDMARKED (3-YEAR EFFORT), AND THE WAREHOUSE LANDMARKED (36-DAY EFFORT) AND MORE.2023 SAW AN INCREASE IN MISSION-DRIVEN ACTIVITIES. WE'VE BEEN ABLE TO ADVOCATE FOR MORE BUILDINGS, RAISE MORE FUNDS, SPEAK AT MORE HEARINGS AND PUBLIC MEETINGS, HOLD MORE EVENTS AND EDUCATIONAL TOURS, GIVE MORE NEWSPAPER INTERVIEWS, WRITE MORE COMPREHENSIVE NEWSLETTERS, AND ENGAGE MORE ON SOCIAL MEDIA. THESE ACTIVITIES RESULTED IN MORE BUILDINGS SAVED, MORE PRESERVATION-ORIENTED DECISIONS, AND GREATER ATTENTION TO LOST BUILDINGS WITH THE LONG-TERM VISION OF CATALYZING HEALTHY, SUSTAINABLE, PROSPEROUS, EQUITABLE CHICAGO COMMUNITIES. 319492 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 4 0 1 4 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 IL X WARD MILLER 3124431000 205 W MONROE SUITE 400 CHICAGO IL 60606 BRAD SUSTER PRESIDENT 5.00 X X 0 0 0 JACOB KAPLAN VICE PRESIDENT 5.00 X X 0 0 0 STUART BERMAN TREASURER 5.00 X X 0 0 0 DEBBIE DODGE SECRETARY 5.00 X X 0 0 0 CATHIE BOND BOARD MEMBER 2.00 X 0 0 0 DIANE GONZALEZ BOARD MEMBER 2.00 X 0 0 0 JOYCE JACKSON BOARD MEMBER 2.00 X 0 0 0 ANDREA REED BOARD MEMBER 2.00 X 0 0 0 CHARLES VINZ BOARD MEMBER 2.00 X 0 0 0 JACK SPICER BOARD MEMBER 2.00 X 0 0 0 JOANNE YASUS BOARD MEMBER 2.00 X 0 0 0 WARD MILLER EXECUTIVE DIRECTOR 40.00 X 89500 0 13724 89500 0 13724 0 0 0 0 0 16693 1560403 1577096 39283 39283 729 1000 -271 -271 MISCELLANEOUS 900099 1214 1214 1214 1617322 943 0 39283 103224 87741 5161 10322 193500 172396 15238 5866 24699 23299 467 933 20024 18222 601 1201 24102 24102 5011 5011 17195 5414 4531 7250 6827 6827 37764 37764 18843 9421 9422 1992 1992 2711 2711 3214 3214 PUBLICATIONS 6885 6885 FUNDRAISING EXPENSES 4215 4215 DONATIONS 1191 1191 LIBRARY EXPENSES 524 524 471921 319492 113220 39209 120913 123800 119942 1164075 27243 11966 6334 15277 89984 247189 1393136 10643 9604 10643 9604 X 231546 233529 5000 1150003 236546 1383532 247189 1393136 1145401 1585 0 X X 0 1 X 1 0 X 286199 316670 509317 397869 427096 1937151 286199 316670 509317 397869 427096 1937151 1234756 702395 2 1593 11 177 40868 42651 1331 558 1247 1214 4350 1984152 9690 0.35400 0.36540 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: ENDOWMENT GRANT - 1ST PAYMENT OF 2 DATE: 04/25/23 AMOUNT: 1150000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1150000 33343 33340 1150003 1.00000 0 0 27243 11966 15277 15277 X 1618907 1585 1585 1617322 0 1617322 471921 0 471921 0 471921 PART V, LINE 4: THE ENDOWMENT FUND WAS CREATED IN 2023 TO PROVIDE LONG-TERM SOURCE OF INCOME/RESOURCES TO PRESERVATION CHICAGO TO FUND THE COSTS OF GENERAL OPERATIONS. THE FINANCE COMMITTEE OF PRESERVATION CHICAGO HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR THE ENDOWMENT THAT ALIGN WITH THE DONOR'S WISHES AND ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING FOR OPERATIONS WHILE SEEKING TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT. PRESERVATION CHICAGO FOLLOWS THE SPENDING PARAMETERS PROVIDED BY THE DONOR IN THE ENDOWMENT AGREEMENT. THE APPROVED ANNUAL SPENDING RATE IS $115,000 FOR THE FIRST TWO YEARS OF THE ENDOWMENT AND THE GREATER OF 5% OF THE ENDOWMENT BALANCE OR $115,000 EACH YEAR THEREAFTER. PART X, LINE 2: THE FINANCIAL STATEMENT EFFECTS OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN ARE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT, BASED ON THE TECHNICAL MERITS, THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION B, LINE 11B AFTER 990 IS PREPARED, THE DRAFT 990 IS SHARED WITH EXECUTIVE STAFF AND EXECUTIVE BOARD COMMITTEE TO REVIEW FOR ACCURACY. SUBMITTED 990 WILL BE PRESENTED TO FULL BOARD AT NEXT OCCURRING BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 ANNUAL END-OF-YEAR EXECUTIVE COMMITTEE MEETING TO CONDUCT REVIEW AND TO ASSESS COMPENSATION PACKAGE. MERIT, MARKET COMPARATIVES, AND THE ORGANIZATION'S BUDGET ARE ALL TAKEN INTO ACCOUNT. RESULTS ARE THEN CONSIDERED BY THE EXECUTIVE COMMITTEE AND MEMORANDUM ISSUED TO CONFIRM SPECIFICS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS AND FORM 990 ARE AVAILABLE UPON REQUEST AT THE ORGANIZATIONS OFFICE. FORM 990, PART VI, SECTION C, LINE 19: MODIFIED CASH BASIS OF ACCOUNTING