2020-07-13T15:41:55-05:00 2019-06-30 381357951 PLANTE & MORAN PLLC 10 S RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2018-07-01 208411320 CHICAGOLAND ENTREPRENEURIAL CENTER CHIC 3122390310 222 MERCHANDISE MART PLAZA NO 1212 CHICAGO IL 60654 JAMES J O'CONNOR BOARD CHAIR 3122390310 2020-07-07 1 KIMBERLY A HAUMANN P00546491 3122071040 2020-06-22 70.190.130.52 2020-07-07 15:27:14 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 F18F835EE371A329476A90C9A25407CADD21E201 2018 2021-01-29 14:40:06Z 1871 JAMES J O'CONNOR 222 MERCHANDISE MART PLAZA NO 1212 CHICAGO IL 60654 8904245 0 X WWW.CHICAGOLANDEC.ORG X 2006 IL THE CENTER PROMOTES AND GROWS CHICAGO'S ENTREPRENEURIAL COMMUNITY. 35 35 41 63 0 0 2120450 1215204 7349199 6537327 93 1088 -339417 714026 9130325 8467645 30200 0 0 0 3075341 2917675 0 0 59369 7388239 6628478 10493780 9546153 -1363455 -1078508 9698960 8479896 7656086 7515530 2042874 964366 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 8544237 6537327 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. 8544237 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 26 0 1 41 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 35 35 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 X X 391644 0 21397 JIM O'CONNOR JR CHAIRMAN 0.10 X X 0 0 0 LAURA FERRIS ANDERSON BOARD MEMBER 0.10 X 0 0 0 ADAM HECKTMAN BOARD MEMBER 0.10 X 0 0 0 ADAM STANLEY BOARD MEMBER 0.10 X 0 0 0 BRENNA BERMAN BOARD MEMBER 0.10 X 0 0 0 DAVID TOLMIE BOARD MEMBER 0.10 X 0 0 0 DEAN DEBIASE BOARD MEMBER 0.10 X 0 0 0 ELLEN RUDNICK BOARD MEMBER 0.10 X 0 0 0 JAI SHEKHAWAT BOARD MEMBER 0.10 X 0 0 0 JEFF MILLER BOARD MEMBER 0.10 X 0 0 0 JIM DUGAN BOARD MEMBER 0.10 X 0 0 0 JOE SHENTON BOARD MEMBER 0.10 X 0 0 0 KEVIN WILLER BOARD MEMBER 0.10 X 0 0 0 KRISTI ROSS BOARD MEMBER 0.10 X 0 0 0 LARRY EPPLEY SECRETARY 0.10 X X 0 0 0 LEE HENDERSON BOARD MEMBER 0.10 X 0 0 0 LESLIE ANDERSON BOARD MEMBER 0.10 X 0 0 0 LINDA DARRAGH BOARD MEMBER 0.10 X 0 0 0 MARK TEBBE BOARD MEMBER 0.10 X 0 0 0 MATT BROWN BOARD MEMBER 0.10 X 0 0 0 MATT MCCALL BOARD MEMBER 0.10 X 0 0 0 MATTHEW SUMMY BOARD MEMBER 0.10 X 0 0 0 MAURA O'HARA BOARD MEMBER 0.10 X 0 0 0 MICHAEL MCMURRAY BOARD MEMBER 0.10 X 0 0 0 OMAR DUQUE BOARD MEMBER 0.10 X 0 0 0 PAT RYAN JR BOARD MEMBER 0.10 X 0 0 0 RENEE SANG BOARD MEMBER 0.10 X 0 0 0 RISHI SHAH BOARD MEMBER 0.10 X 0 0 0 SAM YAGAN BOARD MEMBER 0.10 X 0 0 0 SCOTT SWANSON BOARD MEMBER 0.10 X 0 0 0 SUZANNE MUCHIN BOARD MEMBER 0.10 X 0 0 0 TED SOUDER BOARD MEMBER 0.10 X 0 0 0 TOM THOMPSON BOARD MEMBER 0.10 X 0 0 0 HOWARD TULLMAN BOARD MEMBER 0.10 X 0 0 0 391644 0 21397 1 1 1 0 0 1136204 79000 1215204 TENANT RENT 900099 3799187 3799187 MEMBER RENT 900099 1680962 1680962 EVENTS INCOME 900099 904149 904149 OTHER PROGRAM REVENUE 900099 153029 153029 6537327 1869 1869 9219 10000 -781 -781 -781 1140626 1136204 426600 714026 714026 8467645 6537327 0 715114 413040 206520 206520 2492776 2039774 394107 58895 11859 8657 2728 474 10144 10144 29980 29980 36771 36771 111115 111115 84345 84345 4330139 4266638 63501 92222 13834 78388 62102 62102 1342149 1328727 13422 9138 9138 EVENT AND INNOVATION DA 242874 242874 BAD DEBT 100000 100000 ALL OTHER EXPENSES 94896 71896 23000 NON-OFFICE MEMBERSHIP E 82603 61846 20757 9546153 8544237 942547 59369 710892 744179 860512 400000 153300 215400 858773 1282333 249072 295950 11356239 5823213 6866411 5533026 9008 9698960 8479896 613490 1143456 458822 781110 973245 649573 5610529 4941391 7656086 7515530 X 1889574 748966 153300 215400 2042874 964366 9698960 8479896 -1078508 0 X 0 1 X 0 0 X 2572844 2122742 1669965 2120450 2355830 10841831 2572844 2122742 1669965 2120450 2355830 10841831 846324 9995507 3064 1883 2899 5742 1869 15457 10857288 30807172 0.92060 0.93170 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9487359 4619203 4868156 1868880 1204010 664870 5533026 DEFERRED RENT 4380044 REFUNDABLE DEPOSITS 561347 4941391 8990245 96000 426600 522600 8467645 0 8467645 10068753 96000 426600 522600 9546153 0 9546153 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING - DIRECT EXPENSES 426,600. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING - DIRECT EXPENSES 426,600. MOMENTUM DINNER 2276830 1136204 1140626 411687 14913 2276830 1136204 1140626 411687 14913 426600 714026 X 1 1 X X 0 0 0 0 0 0 0 0 0 BETSY ZIEGLER CEO 390294 0 0 0 1350 0 0 0 21397 0 413041 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 PAT RYAN, BOARD MEMBER, BUSINESS RELATIONSHIP JIM O'CONNOR, BOARD MEMBER, AND LAURA FERRIS ANDERSON, BUSINESS RELATIONSHIP KEVIN WILLER, BOARD MEMBER, AND PAT RYAN, BOARD MEMBER, 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.