2012-04-23T14:04:39-05:00 2011-06-30 OSTROW REISIN BERK & ABRAMS LTD 455 N CITYFRONT PLAZA DRIVE SUITE 1 CHICAGO IL 606115313 990 2010-07-01 300075271 KIPP CHICAGO KIPP 3127338108 1945 S HALSTED NO 101 CHICAGO IL 60608 BENJAMIN CHERESKIN 3127338108 2012-04-23 1 JAMES G QUAID 3126707444 2010 2016-02-24 21:20:13Z X X BENJAMIN CHERESKIN 1945 S HALSTED NO 101 CHICAGO IL 60608 709377 0 X WWW.KIPPCHICAGO.ORG X 2010 IL TO SUPPORT AND PROMOTE A REGION OF HIGH ACHIEVING KIPP SCHOOLS. 5 4 6 20 0 0 503658 205719 0 0 709377 0 0 492739 0 128267 149016 641755 67622 326368 258746 67622 TO SUPPORT AND PROMOTE A REGION OF HIGH ACHIEVING KIPP SCHOOLS. 0 0 268195 205719 TO PROVIDE THE SUPPORT AND PROMOTION OF A REGION OF HIGH ACHIEVING KIPP SCHOOLS IN THE GREATER CHICAGO METROPOLITAN AREA. 268195 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 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 0 1 3 0 6 1 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X NICOLE BOARDMAN 3127338108 1945 S HALSTED 101 CHICAGO IL 60608 BENJAMIN CHERESKIN 10.00 X X 0 0 0 DEBORAH QUAZZO 3.00 X 0 0 0 MIKE FEINBERG 2.00 X 0 0 0 JILL KIDD 2.00 X 0 0 0 APRIL GOBLE 40.00 X X 57021 0 3872 NICOLE BOARDMAN 40.00 X 45065 0 2292 102086 0 6164 0 0 0 0 0 368741 134917 503658 SERVICE FEES 900099 205719 205719 205719 709377 205719 0 0 216486 99584 69275 47627 225415 103691 72133 49591 2255 1037 722 496 16217 7460 5189 3568 32366 14888 10357 7121 54103 54103 3012 3012 45755 20308 15735 9712 3579 1646 1145 788 3281 1509 1050 722 1128 519 361 248 10531 4844 3370 2317 STAFF DEVELOPMENT 27627 12709 8841 6077 641755 268195 245293 128267 49824 267611 6677 3383 1127 0 2256 0 326368 133746 125000 0 258746 X -55915 123537 0 67622 0 326368 67622 0 X 0 1 1 X 0 X 503658 503658 503658 503658 104460 399198 503658 205719 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3383 1127 2256 2256 709377 641755 67622 0 67622 709377 0 709377 0 709377 641755 0 641755 0 641755 FORM 990, PART VI, SECTION A, LINE 4 DURING THE YEAR THERE WAS AN AMENDMENT TO THE ARTICLES OF INCORPORATION TO CHANGE THE PURPOSE OF THE ORGANIZATION TO THE FOLLOWING: "TO SUPPORT ONE OR MORE PUBLIC CHARTER SCHOOLS IN THE STATE OF ILLINOIS AND ELSEWHERE, INCLUDING KIPP ASCEND CHARTER SCHOOL, AN ILLINOIS NOT-FOR-PROFIT ORGANIZATION". FORM 990, PART VI, SECTION B, LINE 11 AFTER FORM 990 IS PREPARED WITH THE ASSISTANCE OF THE SCHOOL'S CPA FIRM, IT IS REVIEWED AND EDITED BY MANAGEMENT. THEN, A PDF DRAFT OF FORM 990 IS E-MAILED TO BOARD MEMBERS IN ADVANCE, DISCUSSED, AND APPROVED FOR FINALIZATION. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A WRITTEN CONFLICT OF INTEREST POLICY TO WHICH ALL DIRECTORS, OFFICERS AND STAFF ARE SUBJECT. PURSUANT TO POLICY, ALL COVERED PERSONS ARE REQUIRED TO ANNUALLY DISCLOSE ANY INTERESTS, RELATIONSHIPS, AND HOLDINGS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST AS A RESULT OF THE COVERED PERSON'S EMPLOYMENT BY KIPP CHICAGO OR AS A MEMBER OF ITS BOARD OF DIRECTORS. ALL SUCH PERSONS ALSO AGREE THAT, IN THE COURSE OF MEETINGS OR ACTIVITIES, HE OR SHE WILL DISCLOSE ANY INTERESTS IN A TRANSACTION OR DECISION WHERE HE OR SHE (INCLUDING BUSINESS OR OTHER NONPROFIT AFFILIATIONS), HIS OR HER FAMILY AND/OR HIS OR HER SIGNIFICANT OTHER, EMPLOYER, OR CLOSE ASSOCIATES OR FRIENDS WILL RECEIVE A BENEFIT OR GAIN. ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST FOR STAFF (OTHER THAN OFFICERS) WOULD BE DETERMINED BY THE EXECUTIVE DIRECTOR AND REVIEWED BY THE GOVERNANCE COMMITTEE. ANY ACTUAL OR POTENTIAL CONFLICTS OF INTEREST FOR DIRECTORS AND OFFICERS WOULD BE DETERMINED BY THE CHAIR AND REVIEWED BY THE FULL BOARD OF DIRECTORS OR EXECUTIVE COMMITTEE. IF AN ACTUAL OR POTENTIAL CONFLICT OF INTEREST IS DISCLOSED, THE COVERED PERSON WOULD BE ASKED TO LEAVE THE ROOM FOR THE DISCUSSION AND WILL NOT BE PERMITTED TO VOTE ON THE MATTER. FORM 990, PART VI, SECTION B, LINE 15 DURING THE ANNUAL BUDGET PROCESS, THE FINANCE COMMITTEE REVIEWS COMPARABLE SALARY DATA AND MAKE SALARY DETERMINATIONS ACCORDINGLY. ALL SALARIES ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION FURNISHES THIS INFORMATION UPON REQUEST.