2022-05-11T14:40:06-05:00 2021-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2020-07-01 208411320 CHICAGOLAND ENTREPRENEURIAL CENTER CHIC 3122390310 222 MERCHANDISE MART PLAZA NO 121 CHICAGO IL 60654 BETSY ZIEGLER CEO 3122390310 2022-05-09 1 BETSY ZIEGLER 999009999 KIMBERLY A HAUMANN P00546491 3122071040 2022-05-09 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z 1871 BETSY ZIEGLER 222 MERCHANDISE MART PLAZA NO 1212 CHICAGO IL 60654 8276490 0 X WWW.CHICAGOLANDEC.ORG X 2006 IL THE CENTER PROMOTES AND GROWS CHICAGO'S ENTREPRENEURIAL COMMUNITY. 77 76 41 100 0 0 2583389 3282017 6526001 4188642 1332 363 -210587 669451 8900135 8140473 0 0 0 0 2991725 3554770 0 0 250536 6819265 5946150 9810990 9500920 -910855 -1360447 8611880 5911149 8558368 7218084 53512 -1306935 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 7624929 4944660 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. 7624929 1 1 0 0 0 0 0 0 0 0 1 0 0 0 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 60 0 1 41 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 77 76 1 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 BETSY ZIEGLER CEO 40.00 0.00 X X 391834 0 0 JIM O'CONNOR CHARIMAN 0.10 0.00 X X 0 0 0 LAURA FERRIS ANDERSON TREASURER 0.10 0.00 X X 0 0 0 LARRY EPPLEY SECRETARY 0.10 0.00 X X 0 0 0 ADAM HECKTMAN BOARD MEMBER 0.10 0.00 X 0 0 0 ADAM L STANLEY BOARD MEMBER 0.10 0.00 X 0 0 0 AMANDA LANNERT BOARD MEMBER 0.10 0.00 X 0 0 0 ANDREW SCHWARTZ BOARD MEMBER 0.10 0.00 X 0 0 0 ANDY KOFOID BOARD MEMBER 0.10 0.00 X 0 0 0 BRENNA M BERMAN BOARD MEMBER 0.10 0.00 X 0 0 0 BRET MAXWELL BOARD MEMBER 0.10 0.00 X 0 0 0 BRIAN HOFF BOARD MEMBER 0.10 0.00 X 0 0 0 CARLOS MINETTI BOARD MEMBER 0.10 0.00 X 0 0 0 CHRIS SYMTHE 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 DENNIS BOECKER BOARD MEMBER 0.10 0.00 X 0 0 0 DORRI MCWHORTER BOARD MEMBER 0.10 0.00 X 0 0 0 ELLEN RUDNICK BOARD MEMBER 0.10 0.00 X 0 0 0 GARRY COOPER BOARD MEMBER 0.10 0.00 X 0 0 0 GENEVIEVE THIERS BOARD MEMBER 0.10 0.00 X 0 0 0 HANK ADAMS BOARD MEMBER 0.10 0.00 X 0 0 0 HOWARD TULLMAN BOARD MEMBER 0.10 0.00 X 0 0 0 JACK KEENAN 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 JEFF MILLER 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 JOE SHENTON BOARD MEMBER 0.10 0.00 X 0 0 0 JOHN HOWARD BOARD MEMBER 0.10 0.00 X 0 0 0 JUDY TOLAND 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 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 L DARRAGH BOARD MEMBER 0.10 0.00 X 0 0 0 LLOYD SEMPLE BOARD MEMBER 0.10 0.00 X 0 0 0 MARK HINCH 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 BROWN BOARD MEMBER 0.10 0.00 X 0 0 0 MATT MALONEY BOARD MEMBER 0.10 0.00 X 0 0 0 MATT O'SULLIVAN BOARD MEMBER 0.10 0.00 X 0 0 0 MATTHEW RENNER BOARD MEMBER 0.10 0.00 X 0 0 0 MATTHEW SUMMY BOARD MEMBER 0.10 0.00 X 0 0 0 MAURA O'HARA BOARD MEMBER 0.10 0.00 X 0 0 0 MICHAEL LYMAN 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 SONNY GARG 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 STEVEN COLLENS BOARD MEMBER 0.10 0.00 X 0 0 0 SUZANNE MUCHIN BOARD MEMBER 0.10 0.00 X 0 0 0 TALIA MASCHIACH BOARD MEMBER 0.10 0.00 X 0 0 0 TED SOUDER BOARD MEMBER 0.10 0.00 X 0 0 0 TIM STOJKA BOARD MEMBER 0.10 0.00 X 0 0 0 TOM THOMPSON 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 100679 0 0 RACHEL FEUERBORN VP EXPERIENCE 40.00 0.00 X 94116 0 0 ADAM ARCUS VP CREATIVE 40.00 0.00 X 76120 0 0 662749 0 0 2 0 1 0 0 460751 460400 2360866 3282017 FACILITY RENT 900099 2173519 2173519 MEMBER RENT 900099 1281184 1281184 GROWTH MEMBERSHIP 900099 477781 477781 EVENTS INCOME 900099 134770 134770 OTHER INCOME 900099 121388 121388 4188642 363 363 49450 460751 136017 -86567 -86567 GAIN FROM TERMINATION 900099 756018 756018 756018 8140473 4944660 0 -86204 662750 331375 331375 2878286 2038032 590616 249638 13734 9438 3398 898 409 409 66908 66908 77834 77834 178634 139334 39300 1897 1897 3497490 3443544 53946 23247 3487 19760 15869 15869 1381981 1369172 12809 BAD DEBT 482000 482000 NON-OFFICE MEMBERSHIP E 157627 146284 11343 EVENT AND INNOVATION DA 48254 48254 14000 14000 9500920 7624929 1625455 250536 1760015 446532 400000 520000 287500 890125 768890 380331 353159 5142 11471419 8459740 4283847 3011679 758469 657340 8611880 5911149 1895086 2718653 1413065 1164740 608955 236574 470400 544158 4170862 2553959 8558368 7218084 X -233988 -1941935 287500 635000 53512 -1306935 8611880 5911149 -1360447 0 X 0 1 X 0 0 X 1669965 2120450 2355830 2583389 3378017 12107651 1669965 2120450 2355830 2583389 3378017 12107651 1139260 10968391 2899 5742 1869 1332 363 12205 12119856 31803209 0.90500 0.91230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9524413 6733339 2791074 1947006 1726401 220605 3011679 DEFERRED RENT 2393806 REFUNDABLE DEPOSITS 160153 2553959 8372490 96000 136017 232017 8140473 0 8140473 9732937 96000 136017 232017 9500920 0 9500920 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING - DIRECT EXPENSES 136,017. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING - DIRECT EXPENSES 136,017. MOMENTUM DINNER 510201 460751 49450 50385 13968 71664 510201 460751 49450 50385 13968 71664 136017 -86567 X 1 1 X X 0 0 0 0 0 0 0 0 0 BETSY ZIEGLER CEO 391834 0 0 0 0 0 0 0 0 0 391834 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 KEVIN WILLER, BOARD MEMBER, AND LAURA FERRIS ANDERSON, BUSINESS RELATIONSHIP JIM O'CONNOR, BOARD MEMBER, AND LAURA FERRIS ANDERSON, BUSINESS RELATIONSHIP 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.